10-Q Filing

MIDDLEBY CORP CIK: 769520 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0000769520-14-000008`
Period End Date	20140930
Filing Date	20141106
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	midd-20140927.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 72 Cash Flow Statement 62

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.99M	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.12M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$75.89M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$73.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.36M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.15M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Accounts receivable, net of reserve for doubtful accounts of $8,625 and $6,987	`AccountsReceivableNetCurrent`	$205.26M	USD	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $8,625 and $6,987	`AccountsReceivableNetCurrent`	$228.46M	USD	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`	$260.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$25.95M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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
Prepaid Taxes	`PrepaidTaxes`	$629.00K	USD	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$801.00K	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
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$50.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.91M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$48.94M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.79M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.82M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$545.73M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.66M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$602.13M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $80,733 and $73,329	`PropertyPlantAndEquipmentNet`	$125.46M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $80,733 and $73,329	`PropertyPlantAndEquipmentNet`	$128.62M	USD	Point-in-time
Goodwill	`Goodwill`	$723.64M	USD	Point-in-time
Goodwill	`Goodwill`	$687.96M	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$447.94M	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$437.73M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$1.64M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$2.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.47M	USD	Point-in-time
Total assets	`Assets`	$1.91B	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Total assets	`Assets`	$1.82B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$8.83M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$219.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$213.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$329.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$311.38M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$570.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$506.55M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$61.43M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$68.45M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$37.85M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$45.99M	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`	$304.81M	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`	$151.74M	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
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$871.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$730.35M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.83M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$963.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$838.35M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.91B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.82B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$360.01M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.20B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$1.05B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$404.29M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$730.01M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$241.91M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$218.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$651.99M	USD	3 Qtrs
Gross profit	`GrossProfit`	$471.53M	USD	3 Qtrs
Gross profit	`GrossProfit`	$141.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$399.28M	USD	3 Qtrs
Gross profit	`GrossProfit`	$162.38M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$42.01M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$116.56M	USD	3 Qtrs
Selling and distribution expenses	`SellingExpense`	$41.77M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$137.08M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$32.18M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$40.43M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$112.71M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$122.83M	USD	3 Qtrs
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	$6.52M	USD	1 Quarter
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Gain (Loss) Related to Litigation Settlement	`GainLossRelatedToLitigationSettlement`	$6.52M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$86.47M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$218.14M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$67.49M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$170.01M	USD	3 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$4.25M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$12.05M	USD	3 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$11.73M	USD	3 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$3.90M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.39M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-993.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-2.05M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$156.28M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$81.58M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$204.03M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$61.84M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.86M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$62.47M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.27M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$104.01M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$59.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$141.56M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$40.94M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.05	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.87	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.50	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.86	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.50	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.05	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.73M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.18M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.87M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.71M	shares	3 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	48,000.00	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2,000.00	shares	3 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	260,000.00	shares	3 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2,000.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.73M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.97M	shares	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$103.38M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.11M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.12M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$132.37M	USD	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$104.01M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$59.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$141.56M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$40.94M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$31.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.62M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$4.94M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$11.63M	USD	3 Qtrs
Non-cash share-based compensation	`ShareBasedCompensation`	$8.89M	USD	3 Qtrs
Non-cash share-based compensation	`ShareBasedCompensation`	$2.96M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$2.51M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$13.65M	USD	3 Qtrs
Unrealized loss/(gain) on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$8.00K	USD	3 Qtrs
Unrealized loss/(gain) on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$27.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$20.79M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$13.29M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$10.46M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$18.76M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.80M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.66M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.42M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-151.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-15.55M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-9.65M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$164.38M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.58M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.06M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.11M	USD	3 Qtrs
Proceeds from Sale of Property Held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	$7.00M	USD	3 Qtrs
Proceeds from Sale of Property Held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	-	USD	3 Qtrs
Purchase of trade name	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of trade name	`PaymentsToAcquireIntangibleAssets`	$5.00M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-385.22M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.79M	USD	3 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$-63.40M	USD	3 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$278.50M	USD	3 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$-1.21M	USD	3 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$7.48M	USD	3 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-23.00K	USD	3 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-26.00K	USD	3 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.59M	USD	3 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$44.28M	USD	3 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$19.19M	USD	3 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$24.95M	USD	3 Qtrs
Net proceeds from stock issuances	`ProceedsFromIssuanceOfCommonStock`	$3.60M	USD	3 Qtrs
Net proceeds from stock issuances	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$296.48M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-75.28M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$145.00K	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.05M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.01M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.26M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$29.36M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	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`	$38.15M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$29.36M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$36.89M	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`	$38.15M	USD	Point-in-time

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