10-K Filing

APPLIED INDUSTRIAL TECHNOLOGIES INC CIK: 109563 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000109563-23-000075`
Period End Date	20230630
Filing Date	20230811
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ait-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 42 Cash Flow Statement 119 Stockholders Equity 17 Comprehensive Income 33

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsAndShortTermInvestments`	$344.04M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsAndShortTermInvestments`	$184.47M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$708.39M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$656.43M	USD	Point-in-time
Inventories	`InventoryNet`	$449.82M	USD	Point-in-time
Inventories	`InventoryNet`	$501.18M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$93.19M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.65B	USD	Point-in-time
Land	`Land`	$14.22M	USD	Point-in-time
Land	`Land`	$14.32M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$109.88M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$108.12M	USD	Point-in-time
Equipment, including computers and software	`PropertyPlantAndEquipmentOther`	$204.47M	USD	Point-in-time
Equipment, including computers and software	`PropertyPlantAndEquipmentOther`	$219.98M	USD	Point-in-time
Total property at cost	`PropertyPlantAndEquipmentGross`	$326.91M	USD	Point-in-time
Total property at cost	`PropertyPlantAndEquipmentGross`	$344.08M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$215.01M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$229.04M	USD	Point-in-time
Property net	`PropertyPlantAndEquipmentNet`	$115.04M	USD	Point-in-time
Property net	`PropertyPlantAndEquipmentNet`	$111.90M	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$108.05M	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$100.68M	USD	Point-in-time
Identifiable intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$235.55M	USD	Point-in-time
Identifiable intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$250.59M	USD	Point-in-time
Goodwill	`Goodwill`	$578.42M	USD	Point-in-time
Goodwill	`Goodwill`	$563.21M	USD	Point-in-time
Goodwill	`Goodwill`	$560.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$66.84M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$59.32M	USD	Point-in-time
Total Assets	`Assets`	$2.74B	USD	Point-in-time
Total Assets	`Assets`	$2.27B	USD	Point-in-time
Total Assets	`Assets`	$2.45B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$301.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$259.46M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$40.17M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$25.17M	USD	Point-in-time
Compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$98.74M	USD	Point-in-time
Compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$91.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$114.75M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$108.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$540.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$499.63M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$649.15M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$596.93M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$154.46M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$147.62M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.28B	USD	Point-in-time
Preferred stock no par value; 2,500 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock no par value; 2,500 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	2.50M	shares	Point-in-time
Common stock no par value; 80,000 shares authorized; 54,213 shares issued; 38,657 and 38,499 shares outstanding, respectively	`CommonStockValue`	$10.00M	USD	Point-in-time
Common stock no par value; 80,000 shares authorized; 54,213 shares issued; 38,657 and 38,499 shares outstanding, respectively	`CommonStockValue`	$10.00M	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	54.21M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	38.50M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	38.66M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$188.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$183.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.79B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.50B	USD	Point-in-time
Treasury shares - at cost (15,556 and 15,714 shares, respectively)	`TreasuryStockValue`	$471.85M	USD	Point-in-time
Treasury shares - at cost (15,556 and 15,714 shares, respectively)	`TreasuryStockValue`	$477.55M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	15.56M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	15.71M	shares	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-72.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.30M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$2.74B	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$2.45B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.81B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.41B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.24B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.70B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.30B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$3.13B	USD	Annual
Gross profit	`GrossProfit`	$935.52M	USD	Annual
Gross profit	`GrossProfit`	$1.29B	USD	Annual
Gross profit	`GrossProfit`	$1.11B	USD	Annual
Selling, distribution and administrative expense, including depreciation	`SellingGeneralAndAdministrativeExpense`	$813.81M	USD	Annual
Selling, distribution and administrative expense, including depreciation	`SellingGeneralAndAdministrativeExpense`	$680.54M	USD	Annual
Selling, distribution and administrative expense, including depreciation	`SellingGeneralAndAdministrativeExpense`	$749.06M	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	$49.53M	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Operating income	`OperatingIncomeLoss`	$473.15M	USD	Annual
Operating income	`OperatingIncomeLoss`	$357.86M	USD	Annual
Operating income	`OperatingIncomeLoss`	$205.45M	USD	Annual
Interest expense	`InterestExpense`	$30.81M	USD	Annual
Interest expense	`InterestExpense`	$26.79M	USD	Annual
Interest expense	`InterestExpense`	$24.79M	USD	Annual
Interest income	`InvestmentIncomeInterestAndDividend`	$3.15M	USD	Annual
Interest income	`InvestmentIncomeInterestAndDividend`	$522.00K	USD	Annual
Interest income	`InvestmentIncomeInterestAndDividend`	$215.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.70M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$177.06M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$329.79M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$449.81M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$72.38M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$32.30M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$103.07M	USD	Annual
Net income	`NetIncomeLoss`	$144.76M	USD	Annual
Net income	`NetIncomeLoss`	$257.41M	USD	Annual
Net income	`NetIncomeLoss`	$346.74M	USD	Annual
Net income per share basic	`EarningsPerShareBasic`	$3.73	USD	Annual
Net income per share basic	`EarningsPerShareBasic`	$6.69	USD	Annual
Net income per share basic	`EarningsPerShareBasic`	$8.98	USD	Annual
Net income per share diluted	`EarningsPerShareDiluted`	$6.58	USD	Annual
Net income per share diluted	`EarningsPerShareDiluted`	$3.68	USD	Annual
Net income per share diluted	`EarningsPerShareDiluted`	$8.84	USD	Annual

Cash Flow Statement 119 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$144.76M	USD	Annual
Net income	`NetIncomeLoss`	$257.41M	USD	Annual
Net income	`NetIncomeLoss`	$346.74M	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	$49.53M	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Impairment expense	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Depreciation and amortization of property	`Depreciation`	$22.27M	USD	Annual
Depreciation and amortization of property	`Depreciation`	$21.68M	USD	Annual
Depreciation and amortization of property	`Depreciation`	$20.78M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$34.37M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$31.88M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$30.80M	USD	Annual
Amortization of stock appreciation rights and options	`StockOptionPlanExpense`	$3.28M	USD	Annual
Amortization of stock appreciation rights and options	`StockOptionPlanExpense`	$2.79M	USD	Annual
Amortization of stock appreciation rights and options	`StockOptionPlanExpense`	$2.53M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-31.08M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.18M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.72M	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$5.62M	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$3.19M	USD	Annual
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$6.54M	USD	Annual
Other share-based compensation expense	`RestrictedStockExpense`	$9.58M	USD	Annual
Other share-based compensation expense	`RestrictedStockExpense`	$8.56M	USD	Annual
Other share-based compensation expense	`RestrictedStockExpense`	$6.45M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-1.45M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-1.15M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$1.75M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$145.52M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$59.12M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.06M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$42.98M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$92.42M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-41.32M	USD	Annual
Other operating assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.98M	USD	Annual
Other operating assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.26M	USD	Annual
Other operating assets	`IncreaseDecreaseInOtherOperatingAssets`	$25.25M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.92M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$53.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$37.68M	USD	Annual
Other operating liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$12.36M	USD	Annual
Other operating liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$37.47M	USD	Annual
Other operating liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$18.52M	USD	Annual
Cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$241.70M	USD	Annual
Cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$187.57M	USD	Annual
Cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$343.97M	USD	Annual
Cash paid for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.23M	USD	Annual
Cash paid for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$35.78M	USD	Annual
Cash paid for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.96M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$18.12M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$26.48M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$15.85M	USD	Annual
Proceeds from property sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.11M	USD	Annual
Proceeds from property sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.15M	USD	Annual
Proceeds from property sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.43M	USD	Annual
Life insurance proceeds	`ProceedsFromLifeInsurancePolicies`	-	USD	Annual
Life insurance proceeds	`ProceedsFromLifeInsurancePolicies`	-	USD	Annual
Life insurance proceeds	`ProceedsFromLifeInsurancePolicies`	$3.16M	USD	Annual
Cash payments for loans on company-owned life insurance	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Cash payments for loans on company-owned life insurance	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Cash payments for loans on company-owned life insurance	`PaymentsForProceedsFromOtherInvestingActivities`	$14.84M	USD	Annual
Cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.93M	USD	Annual
Cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.83M	USD	Annual
Cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.66M	USD	Annual
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$27.00M	USD	Annual
Net borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	Annual
Net borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	Annual
Net borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$410.59M	USD	Annual
Borrowings under long-term debt facilities	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$26.00M	USD	Annual
Borrowings under long-term debt facilities	`ProceedsFromRepaymentsOfOtherLongTermDebt`	-	USD	Annual
Borrowings under long-term debt facilities	`ProceedsFromRepaymentsOfOtherLongTermDebt`	-	USD	Annual
Long-term debt repayments	`RepaymentsOfOtherLongTermDebt`	$131.88M	USD	Annual
Long-term debt repayments	`RepaymentsOfOtherLongTermDebt`	$550.49M	USD	Annual
Long-term debt repayments	`RepaymentsOfOtherLongTermDebt`	$40.25M	USD	Annual
Interest rate swap settlement receipts (payments)	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$-8.80M	USD	Annual
Interest rate swap settlement receipts (payments)	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$3.74M	USD	Annual
Interest rate swap settlement receipts (payments)	`PaymentsForProceedsFromDerivativeInstrumentFinancingActivities`	$5.70M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$399.00K	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.96M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Purchases of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$13.78M	USD	Annual
Purchases of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$40.09M	USD	Annual
Purchases of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$716.00K	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$53.45M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$50.66M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$51.80M	USD	Annual
Acquisition holdback payments	`RepaymentsOfOtherDebt`	$2.36M	USD	Annual
Acquisition holdback payments	`RepaymentsOfOtherDebt`	$1.51M	USD	Annual
Acquisition holdback payments	`RepaymentsOfOtherDebt`	$2.35M	USD	Annual
Exercise of stock appreciation rights and options	`ProceedsFromStockOptionsExercised`	$163.00K	USD	Annual
Exercise of stock appreciation rights and options	`ProceedsFromStockOptionsExercised`	$127.00K	USD	Annual
Exercise of stock appreciation rights and options	`ProceedsFromStockOptionsExercised`	$555.00K	USD	Annual
Taxes paid for shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.90M	USD	Annual
Taxes paid for shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.07M	USD	Annual
Taxes paid for shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.08M	USD	Annual
Cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-213.04M	USD	Annual
Cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-126.89M	USD	Annual
Cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-223.03M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.15M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.46M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.32M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.81M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-73.27M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$159.56M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.47M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$268.55M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.75M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$344.04M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.47M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$268.55M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.75M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$344.04M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$64.39M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$53.30M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$108.08M	USD	Annual
Interest (includes interest rate swap settlements)	`InterestPaidNet`	$20.16M	USD	Annual
Interest (includes interest rate swap settlements)	`InterestPaidNet`	$22.57M	USD	Annual
Interest (includes interest rate swap settlements)	`InterestPaidNet`	$27.49M	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares	`CommonStockSharesOutstanding`	38.50M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	38.66M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Net income	`NetIncomeLoss`	$144.76M	USD	Annual
Net income	`NetIncomeLoss`	$257.41M	USD	Annual
Net income	`NetIncomeLoss`	$346.74M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$36.34M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$20.80M	USD	Annual
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$1.30	USD	Annual
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$1.34	USD	Annual
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$1.38	USD	Annual
Ending balance, shares	`CommonStockSharesOutstanding`	38.50M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	38.66M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.15B	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income per the statements of consolidated income	`NetIncomeLoss`	$144.76M	USD	Annual
Net income per the statements of consolidated income	`NetIncomeLoss`	$257.41M	USD	Annual
Net income per the statements of consolidated income	`NetIncomeLoss`	$346.74M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$7.72M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$24.35M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-9.86M	USD	Annual
Actuarial gain on re-measurement	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$2.84M	USD	Annual
Actuarial gain on re-measurement	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$405.00K	USD	Annual
Actuarial gain on re-measurement	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$903.00K	USD	Annual
Other Comprehensive Income (Loss), Defined Benefit Plan, Settlement and Curtailment Gain (Loss), before Tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	-	USD	Annual
Other Comprehensive Income (Loss), Defined Benefit Plan, Settlement and Curtailment Gain (Loss), before Tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	-	USD	Annual
Other Comprehensive Income (Loss), Defined Benefit Plan, Settlement and Curtailment Gain (Loss), before Tax	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	$1.03M	USD	Annual
Reclassification of net actuarial losses and prior service cost into other expense (income), net and included in net periodic pension costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$270.00K	USD	Annual
Reclassification of net actuarial losses and prior service cost into other expense (income), net and included in net periodic pension costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$36.00K	USD	Annual
Reclassification of net actuarial losses and prior service cost into other expense (income), net and included in net periodic pension costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$300.00K	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$3.25M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$26.20M	USD	Annual
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$18.17M	USD	Annual
Reclassification of interest from cash flow hedge into interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-11.36M	USD	Annual
Reclassification of interest from cash flow hedge into interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$7.29M	USD	Annual
Reclassification of interest from cash flow hedge into interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-11.55M	USD	Annual
Total other comprehensive income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$30.84M	USD	Annual
Total other comprehensive income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$40.33M	USD	Annual
Total other comprehensive income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$20.08M	USD	Annual
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$10.04M	USD	Annual
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$3.99M	USD	Annual
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$3.08M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$17.00M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$36.34M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$278.21M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$363.74M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$181.09M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.