10-Q Filing

MIDDLEBY CORP CIK: 769520 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000769520-21-000010`
Period End Date	20210331
Filing Date	20210513
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	midd-20210403_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 38 Cash Flow Statement 58 Stockholders Equity 25

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.23M	USD	Point-in-time
Accounts receivable, reserve for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.44M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$237.88M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$229.87M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$422.17M	USD	Point-in-time
Finite-Lived Intangible Assets, Accumulated Amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$403.35M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$268.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$381.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$309.33M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $19,443 and $19,225	`AccountsReceivableNetCurrent`	$363.36M	USD	Point-in-time
Accounts receivable, net of reserve for doubtful accounts of $19,443 and $19,225	`AccountsReceivableNetCurrent`	$427.94M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$574.28M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$540.20M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$73.93M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	63.65M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	63.65M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$81.05M	USD	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$17.78M	USD	Point-in-time
Prepaid Taxes	`PrepaidTaxes`	$7.63M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.02M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.01M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.39B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $237,875 and $229,871	`PropertyPlantAndEquipmentNet`	$336.26M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $237,875 and $229,871	`PropertyPlantAndEquipmentNet`	$344.48M	USD	Point-in-time
Goodwill	`Goodwill`	$1.93B	USD	Point-in-time
Goodwill	`Goodwill`	$1.93B	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$1.45B	USD	Point-in-time
Other intangibles	`IntangibleAssetsNetExcludingGoodwill`	$1.43B	USD	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$74.16M	USD	Point-in-time
Long-term deferred tax assets	`DeferredIncomeTaxAssetsNet`	$76.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$126.81M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$129.45M	USD	Point-in-time
Total assets	`Assets`	$5.28B	USD	Point-in-time
Total assets	`Assets`	$5.29B	USD	Point-in-time
Total assets	`Assets`	$5.20B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$21.09M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$22.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$213.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$182.77M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$479.91M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$494.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$714.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$700.26M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.80B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.71B	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$147.22M	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$126.07M	USD	Point-in-time
Liability, Defined Benefit Pension Plan, Noncurrent	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$462.87M	USD	Point-in-time
Liability, Defined Benefit Pension Plan, Noncurrent	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$469.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$190.29M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$202.19M	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; 63,651,773 and 63,651,773 shares issued in 2021 and 2020, respectively	`CommonStockValue`	$147.00K	USD	Point-in-time
Common stock, $0.01 par value; 63,651,773 and 63,651,773 shares issued in 2021 and 2020, respectively	`CommonStockValue`	$147.00K	USD	Point-in-time
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital	`AdditionalPaidInCapital`	$361.49M	USD	Point-in-time
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital	`AdditionalPaidInCapital`	$433.31M	USD	Point-in-time
Treasury stock, at cost; 8,023,769 and 8,013,296 shares in 2021 and 2020	`TreasuryStockValue`	$537.13M	USD	Point-in-time
Treasury stock, at cost; 8,023,769 and 8,013,296 shares in 2021 and 2020	`TreasuryStockValue`	$538.90M	USD	Point-in-time
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.57B	USD	Point-in-time
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-488.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-490.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-350.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-410.26M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.89B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.95B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.00B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.20B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.29B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$758.06M	USD	1 Quarter
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$677.46M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$427.27M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$482.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$250.19M	USD	1 Quarter
Gross profit	`GrossProfit`	$275.87M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$143.94M	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$154.96M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$834.00K	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$794.00K	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$1.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$105.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$121.17M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$16.07M	USD	1 Quarter
Net interest expense and deferred financing amortization, net	`InterestAndDebtExpense`	$15.71M	USD	1 Quarter
Net periodic pension benefit (other than service costs)	`NetPeriodicBenefitCostOtherComponents`	$-10.09M	USD	1 Quarter
Net periodic pension benefit (other than service costs)	`NetPeriodicBenefitCostOtherComponents`	$-11.37M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-3.33M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.69M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.17M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$96.46M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$28.91M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.68M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$89.26M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$73.78M	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$1.62	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$1.33	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$1.33	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$1.59	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.21M	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2,000.00	shares	1 Quarter
Dilutive common stock equivalents (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	753,000.00	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.97M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.40M	shares	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.45M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.09M	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$89.26M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$73.78M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$26.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.43M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$7.61M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$4.16M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.67M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.91M	USD	1 Quarter
Net periodic pension benefit (other than service costs)	`NetPeriodicBenefitCostOtherComponents`	$-10.09M	USD	1 Quarter
Net periodic pension benefit (other than service costs)	`NetPeriodicBenefitCostOtherComponents`	$-11.37M	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain (Loss) on Disposition of Assets	`GainLossOnDispositionOfAssets1`	$1.05M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$66.67M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-33.41M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$28.09M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$33.27M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.41M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.57M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$15.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.66M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-16.24M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-45.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.14M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.72M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.18M	USD	1 Quarter
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.35M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.67M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.04M	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.22M	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.04M	USD	1 Quarter
Proceeds under Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$2.30B	USD	1 Quarter
Proceeds under Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$19.00M	USD	1 Quarter
Repayments under Credit Facility	`RepaymentsOfLinesOfCredit`	$23.68M	USD	1 Quarter
Repayments under Credit Facility	`RepaymentsOfLinesOfCredit`	$1.98B	USD	1 Quarter
Net proceeds under international credit facilities	`ProceedsFromRepaymentsOfOtherDebt`	$786.00K	USD	1 Quarter
Net proceeds under international credit facilities	`ProceedsFromRepaymentsOfOtherDebt`	$-1.76M	USD	1 Quarter
Net repayments under other debt arrangement	`ProceedsFromRepaymentsOfNotesPayable`	$-78.00K	USD	1 Quarter
Net repayments under other debt arrangement	`ProceedsFromRepaymentsOfNotesPayable`	$-11.00K	USD	1 Quarter
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$74.60M	USD	1 Quarter
Repurchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.76M	USD	1 Quarter
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments of Debt Issuance Costs	`PaymentsOfDebtIssuanceCosts`	$7.58M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$245.10M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.29M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.47M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.14M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$41.23M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$286.54M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$268.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$381.04M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$94.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$309.33M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$268.10M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$381.04M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$94.50M	USD	Point-in-time
Cash and cash equivalents at end of quarter	`CashAndCashEquivalentsAtCarryingValue`	$309.33M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment, Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$3.12M	USD	1 Quarter
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment, Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-877.00K	USD	1 Quarter
Unrealized (loss) gain on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$4.33M	USD	1 Quarter
Unrealized (loss) gain on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-9.30M	USD	1 Quarter
Balance, Beginning	`StockholdersEquity`	$1.89B	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$1.95B	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$1.98B	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$2.00B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$89.26M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$73.78M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-10.61M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-48.92M	USD	1 Quarter
Change in unrecognized pension benefit costs, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.97M	USD	1 Quarter
Change in unrecognized pension benefit costs, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-14.81M	USD	1 Quarter
Unrealized gain on interest rate swaps, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$12.41M	USD	1 Quarter
Unrealized gain on interest rate swaps, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-25.22M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.16M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.61M	USD	1 Quarter
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.88M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.76M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$74.60M	USD	1 Quarter
Balance, Ending	`StockholdersEquity`	$1.89B	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$1.95B	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$1.98B	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$2.00B	USD	Point-in-time

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