10-Q Filing

MIDDLEBY CORP CIK: 769520 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000769520-14-000006`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	midd-20140628.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 68 Cash Flow Statement 64

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.12M	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.99M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$73.33M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$75.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.26M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.41M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	USD	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $8,519 and $6,987	`AccountsReceivableNetCurrent`	$205.26M	USD	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $8,519 and $6,987	`AccountsReceivableNetCurrent`	$229.79M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventories, net	`InventoryNet`	$220.12M	USD	Point-in-time
Inventories, net	`InventoryNet`	$260.03M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$32.32M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$33.74M	USD	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$6.83M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	47.50M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	47.50M	shares	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$801.00K	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$50.34M	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$48.69M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.91M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.79M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.66M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$545.73M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.82M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$611.34M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $79,388 and $73,329	`PropertyPlantAndEquipmentNet`	$130.68M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $79,388 and $73,329	`PropertyPlantAndEquipmentNet`	$125.46M	USD	Point-in-time
Goodwill	`Goodwill`	$687.96M	USD	Point-in-time
Goodwill	`Goodwill`	$719.26M	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$441.46M	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$447.94M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$1.64M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$3.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.47M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.02M	USD	Point-in-time
Total assets	`Assets`	$1.82B	USD	Point-in-time
Total assets	`Assets`	$1.93B	USD	Point-in-time
Total assets	`Assets`	$1.71B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$8.21M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$105.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$202.56M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$213.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$311.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$316.10M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$570.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$584.49M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$61.43M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$72.47M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$37.85M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$42.03M	USD	Point-in-time
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 95,000,000 shares authorized; 62,079,592 and 62,035,207 shares issued in 2014 and 2013, respectively	`CommonStockValue`	$144.00K	USD	Point-in-time
Common stock, $0.01 par value; 95,000,000 shares authorized; 62,079,592 and 62,035,207 shares issued in 2014 and 2013, respectively	`CommonStockValue`	$144.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$299.91M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$268.23M	USD	Point-in-time
Treasury stock, at cost; 4,816,912 and 4,661,701 shares in 2014 and 2013, respectively	`TreasuryStockValue`	$196.03M	USD	Point-in-time
Treasury stock, at cost; 4,816,912 and 4,661,701 shares in 2014 and 2013, respectively	`TreasuryStockValue`	$151.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$730.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$812.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$838.35M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$911.01M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.82B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.93B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$363.80M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$691.25M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$797.25M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$424.78M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$433.41M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$227.23M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$488.10M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$258.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$136.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$309.15M	USD	2 Qtrs
Gross profit	`GrossProfit`	$257.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$166.17M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$48.10M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$74.79M	USD	2 Qtrs
Selling and distribution expenses	`SellingExpense`	$38.64M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$95.07M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$37.61M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$80.53M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$42.33M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$82.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$131.67M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$75.74M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$102.52M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$60.33M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$8.16M	USD	2 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$7.48M	USD	2 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$4.05M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$4.17M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-604.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-195.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.06M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-391.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$94.44M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$71.38M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$122.46M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.89M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.61M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.73M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.37M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.97M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$48.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$63.06M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$37.16M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.44	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.14	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.44	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.13	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.47M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.66M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.76M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.87M	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	89,000.00	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	380,000.00	shares	2 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1,000.00	shares	2 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1,000.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.85M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.87M	shares	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.25M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$85.26M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.17M	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$48.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$63.06M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$81.85M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$37.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.31M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.82M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.79M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$2.95M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$4.76M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$6.70M	USD	2 Qtrs
Non-cash share-based compensation	`ShareBasedCompensation`	$5.93M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$13.68M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.82M	USD	2 Qtrs
Unrealized loss/(gain) on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-17.00K	USD	2 Qtrs
Unrealized loss/(gain) on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$34.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$11.82M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$20.30M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$10.60M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$10.58M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.14M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.59M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.82M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-21.58M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-26.68M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.02M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.67M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.99M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.10M	USD	2 Qtrs
Proceeds from Sale of Property Held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	-	USD	2 Qtrs
Proceeds from Sale of Property Held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	$7.00M	USD	2 Qtrs
Purchase of trade name	`PaymentsToAcquireIntangibleAssets`	$5.00M	USD	2 Qtrs
Purchase of trade name	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.71M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-393.48M	USD	2 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$359.30M	USD	2 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$14.40M	USD	2 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$6.67M	USD	2 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$-1.31M	USD	2 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-15.00K	USD	2 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-18.00K	USD	2 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.73M	USD	2 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$44.28M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.00K	USD	2 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$11.12M	USD	2 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$24.99M	USD	2 Qtrs
Net proceeds from stock issuances	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net proceeds from stock issuances	`ProceedsFromIssuanceOfCommonStock`	$2.99M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.75M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$370.34M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-832.00K	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-350.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.64M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$40.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$32.26M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$34.41M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$34.37M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$32.26M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$34.41M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$34.37M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	USD	Point-in-time

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