10-Q Filing

MIDDLEBY CORP CIK: 769520 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0000769520-16-000019`
Period End Date	20160930
Filing Date	20161110
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	midd-20161001.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 72 Cash Flow Statement 58

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.18M	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.09M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$83.00M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$85.84M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.06M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.78M	USD	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $9,446 and $8,839	`AccountsReceivableNetCurrent`	$329.07M	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 $9,446 and $8,839	`AccountsReceivableNetCurrent`	$282.53M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventories, net	`InventoryNet`	$385.44M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventories, net	`InventoryNet`	$354.15M	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`	$42.79M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$39.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$10.93M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$11.43M	USD	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	$51.72M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	62.19M	shares	Point-in-time
Current deferred taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	62.09M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$830.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$795.16M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.82M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $112,254 and $100,345	`PropertyPlantAndEquipmentNet`	$227.44M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $112,254 and $100,345	`PropertyPlantAndEquipmentNet`	$199.75M	USD	Point-in-time
Goodwill	`Goodwill`	$983.34M	USD	Point-in-time
Goodwill	`Goodwill`	$1.11B	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$749.43M	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$701.84M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$11.44M	USD	Point-in-time
Long-term deferred tax assets	`DeferredTaxAssetsNetNoncurrent`	$16.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$30.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$22.03M	USD	Point-in-time
Total assets	`Assets`	$2.76B	USD	Point-in-time
Total assets	`Assets`	$2.92B	USD	Point-in-time
Total assets	`Assets`	$2.71B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$32.06M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$6.81M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$157.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$147.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$331.69M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$320.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$485.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$509.97M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$734.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$826.51M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$68.03M	USD	Point-in-time
Long-term deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$113.01M	USD	Point-in-time
Defined Benefit Pension Plan, Liabilities, Noncurrent	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$157.11M	USD	Point-in-time
Defined Benefit Pension Plan, Liabilities, Noncurrent	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$207.56M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$29.77M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$31.76M	USD	Point-in-time
Common stock, $0.01 par value; 95,000,000 shares authorized; 62,445,315 and 62,168,346 shares issued in 2016 and 2015, respectively	`CommonStockValue`	$144.00K	USD	Point-in-time
Common stock, $0.01 par value; 95,000,000 shares authorized; 62,445,315 and 62,168,346 shares issued in 2016 and 2015, respectively	`CommonStockValue`	$144.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$328.69M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$345.20M	USD	Point-in-time
Treasury stock, at cost; 4,905,549 and 4,862,264 shares in 2016 and 2015, respectively	`TreasuryStockValue`	$200.86M	USD	Point-in-time
Treasury stock, at cost; 4,905,549 and 4,862,264 shares in 2016 and 2015, respectively	`TreasuryStockValue`	$205.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-76.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.76B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.92B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$449.00M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.29B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$1.67B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$574.22M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.01B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$342.50M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$271.82M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$784.26M	USD	3 Qtrs
Gross profit	`GrossProfit`	$177.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$507.63M	USD	3 Qtrs
Gross profit	`GrossProfit`	$231.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$662.00M	USD	3 Qtrs
Selling and distribution expenses	`SellingExpense`	$44.48M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$136.92M	USD	3 Qtrs
Selling and distribution expenses	`SellingExpense`	$56.57M	USD	1 Quarter
Selling and distribution expenses	`SellingExpense`	$168.28M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$46.93M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$165.85M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.57M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$128.92M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	$8.14M	USD	3 Qtrs
Restructuring Charges	`RestructuringCharges`	$5.75M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$1.15M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$11.82M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$121.44M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$229.97M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$319.73M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$80.03M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$6.44M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$12.02M	USD	3 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$17.77M	USD	3 Qtrs
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$4.22M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-6.14M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-3.15M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.49M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.94M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$73.86M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$303.44M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$111.85M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$211.81M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$70.49M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$36.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$100.16M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.04M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$48.83M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$141.32M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$203.28M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$75.85M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.86	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$3.56	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.48	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.33	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.48	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.33	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.56	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.96M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.03M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.95M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.02M	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	0.00	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	3,000.00	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	0.00	shares	3 Qtrs
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2,000.00	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.03M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.95M	shares	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$167.53M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$55.34M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.31M	USD	3 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$48.83M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$141.32M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$203.28M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$75.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.41M	USD	3 Qtrs
Non-cash share-based compensation	`ShareBasedCompensation`	$4.29M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$11.69M	USD	3 Qtrs
Non-cash share-based compensation	`ShareBasedCompensation`	$6.19M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$17.35M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.54M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$19.32M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$35.98M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.50M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$25.60M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$35.23M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.80M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.35M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.93M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.53M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-16.76M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-7.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$167.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$175.10M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.80M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.99M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$261.92M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$210.92M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-279.92M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-229.72M	USD	3 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$100.36M	USD	3 Qtrs
Net (repayments) proceeds under current revolving credit facilities	`RepaymentsOfProceedsFromRevolvingCreditFacilities`	$129.00M	USD	3 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$-1.39M	USD	3 Qtrs
Net (repayments) proceeds under foreign bank loan	`ProceedsFromRepaymentsOfOtherDebt`	$-25.95M	USD	3 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-26.00K	USD	3 Qtrs
Proceeds from (Repayments of) Notes Payable	`ProceedsFromRepaymentsOfNotesPayable`	$-26.00K	USD	3 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.84M	USD	3 Qtrs
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.42M	USD	3 Qtrs
Debt Issuance Cost	`DebtIssuanceCosts`	-	USD	3 Qtrs
Debt Issuance Cost	`DebtIssuanceCosts`	$6.25M	USD	3 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-830.00K	USD	3 Qtrs
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.40M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$125.15M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.88M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.69M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.12M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.25M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$55.53M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$43.95M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$55.06M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$61.78M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$55.53M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$43.95M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$55.06M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$61.78M	USD	Point-in-time

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