10-Q Filing

ABM INDUSTRIES INC /DE/ CIK: 771497 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000771497-23-000008`
Period End Date	20230131
Filing Date	20230308
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	abm-20230131_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 36 Cash Flow Statement 78 Stockholders Equity 14

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.30M	USD	Point-in-time
Trade accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.60M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$296.90M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$304.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.00M	USD	Point-in-time
Other intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$479.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.90M	USD	Point-in-time
Other intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$459.80M	USD	Point-in-time
Trade accounts receivable, net of allowances of $23.3 and $22.6 at January 31, 2023 and October 31, 2022, respectively	`AccountsAndOtherReceivablesNetCurrent`	$1.32B	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade accounts receivable, net of allowances of $23.3 and $22.6 at January 31, 2023 and October 31, 2022, respectively	`AccountsAndOtherReceivablesNetCurrent`	$1.28B	USD	Point-in-time
Costs incurred in excess of amounts billed	`ContractWithCustomerAssetNetCurrent`	$87.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Costs incurred in excess of amounts billed	`ContractWithCustomerAssetNetCurrent`	$75.80M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$82.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$104.60M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$57.40M	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
Other current assets	`OtherAssetsCurrent`	$51.60M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.56B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	65.59M	shares	Point-in-time
Other investments	`OtherInvestments`	$14.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	66.10M	shares	Point-in-time
Other investments	`OtherInvestments`	$15.60M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $304.4 and $296.9 at January 31, 2023 and October 31, 2022, respectively	`PropertyPlantAndEquipmentNet`	$125.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	66.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	65.59M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $304.4 and $296.9 at January 31, 2023 and October 31, 2022, respectively	`PropertyPlantAndEquipmentNet`	$127.80M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.20M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$113.10M	USD	Point-in-time
Other intangible assets, net of accumulated amortization of $479.9 and $459.8 at January 31, 2023 and October 31, 2022, respectively	`FiniteLivedIntangibleAssetsNet`	$378.50M	USD	Point-in-time
Other intangible assets, net of accumulated amortization of $479.9 and $459.8 at January 31, 2023 and October 31, 2022, respectively	`FiniteLivedIntangibleAssetsNet`	$360.10M	USD	Point-in-time
Goodwill	`Goodwill`	$2.49B	USD	Point-in-time
Goodwill	`Goodwill`	$2.49B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$153.30M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$188.50M	USD	Point-in-time
Total assets	`Assets`	$4.87B	USD	Point-in-time
Total assets	`Assets`	$4.92B	USD	Point-in-time
Current portion of debt, net	`DebtCurrent`	$181.50M	USD	Point-in-time
Current portion of debt, net	`DebtCurrent`	$181.50M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$279.90M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$315.50M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$246.60M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$199.90M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$68.80M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$124.70M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$175.50M	USD	Point-in-time
Insurance claims	`SelfInsuranceReserveCurrent`	$171.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.60M	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.30M	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.30M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$276.50M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$333.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.28B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.09B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.20B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$104.50M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$101.80M	USD	Point-in-time
Deferred income tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$89.70M	USD	Point-in-time
Deferred income tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$95.80M	USD	Point-in-time
Noncurrent insurance claims	`SelfInsuranceReserveNoncurrent`	$387.70M	USD	Point-in-time
Noncurrent insurance claims	`SelfInsuranceReserveNoncurrent`	$396.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$126.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$103.70M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$4.20M	USD	Point-in-time
Noncurrent income taxes payable	`AccruedIncomeTaxesNoncurrent`	$4.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.15B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 500,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 500,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 66,097,165 and 65,587,894 shares issued and outstanding at January 31, 2023 and October 31, 2022, respectively	`CommonStockValue`	$700.00K	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 66,097,165 and 65,587,894 shares issued and outstanding at January 31, 2023 and October 31, 2022, respectively	`CommonStockValue`	$700.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$675.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$670.70M	USD	Point-in-time
Accumulated other comprehensive loss, net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.10M	USD	Point-in-time
Accumulated other comprehensive loss, net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.72B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.92B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.87B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.94B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.99B	USD	1 Quarter
Operating expenses	`CostOfGoodsAndServicesSold`	$1.66B	USD	1 Quarter
Operating expenses	`CostOfGoodsAndServicesSold`	$1.75B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$150.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$153.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$19.50M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$17.50M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$71.40M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$106.00M	USD	1 Quarter
Income from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Income from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$500.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$19.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.70M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$14.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$24.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.50M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-13.10M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$600.00K	USD	1 Quarter
Foreign currency translation and other	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$10.50M	USD	1 Quarter
Foreign currency translation and other	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-2.40M	USD	1 Quarter
Income tax benefit (provision)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$200.00K	USD	1 Quarter
Income tax benefit (provision)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-3.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.00M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.80M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$76.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.50M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.60M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.30M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$8.50M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$6.90M	USD	1 Quarter
(Recovery of)/Provision for bad debt	`ProvisionForDoubtfulAccounts`	$-900.00K	USD	1 Quarter
(Recovery of)/Provision for bad debt	`ProvisionForDoubtfulAccounts`	$900.00K	USD	1 Quarter
Amortization of accumulated other comprehensive gain on interest rate swaps	`AmortizationOfDeferredHedgeGains`	$-1.40M	USD	1 Quarter
Amortization of accumulated other comprehensive gain on interest rate swaps	`AmortizationOfDeferredHedgeGains`	-	USD	1 Quarter
Discount accretion on insurance claims	`AccretionExpense`	$100.00K	USD	1 Quarter
Discount accretion on insurance claims	`AccretionExpense`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$200.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfAssets1`	$300.00K	USD	1 Quarter
Income from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Income from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$500.00K	USD	1 Quarter
Trade accounts receivable and costs incurred in excess of amounts billed	`IncreaseDecreaseInReceivables`	$51.00M	USD	1 Quarter
Trade accounts receivable and costs incurred in excess of amounts billed	`IncreaseDecreaseInReceivables`	$90.30M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.70M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.10M	USD	1 Quarter
Right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-2.10M	USD	1 Quarter
Right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-2.30M	USD	1 Quarter
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-23.70M	USD	1 Quarter
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.30M	USD	1 Quarter
Trade accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-111.50M	USD	1 Quarter
Trade accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-41.80M	USD	1 Quarter
Long-term lease liabilities	`IncreaseDecreaseInLeaseLiabilitiesNoncurrent`	$-2.70M	USD	1 Quarter
Long-term lease liabilities	`IncreaseDecreaseInLeaseLiabilitiesNoncurrent`	$-2.10M	USD	1 Quarter
Insurance claims	`IncreaseDecreaseInSelfInsuranceReserve`	$-17.50M	USD	1 Quarter
Insurance claims	`IncreaseDecreaseInSelfInsuranceReserve`	$12.50M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.70M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-9.40M	USD	1 Quarter
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-66.50M	USD	1 Quarter
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$700.00K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-169.60M	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-109.40M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-70.90M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-93.60M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.60M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.80M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$200.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$1.30M	USD	1 Quarter
Investments in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$3.00M	USD	1 Quarter
Investments in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.50M	USD	1 Quarter
Taxes withheld from issuance of share-based compensation awards, net	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.70M	USD	1 Quarter
Taxes withheld from issuance of share-based compensation awards, net	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.30M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.40M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$13.10M	USD	1 Quarter
Borrowings from debt	`ProceedsFromIssuanceOfLongTermDebt`	$475.50M	USD	1 Quarter
Borrowings from debt	`ProceedsFromIssuanceOfLongTermDebt`	$264.50M	USD	1 Quarter
Repayment of borrowings from debt	`RepaymentsOfLongTermDebt`	$147.60M	USD	1 Quarter
Repayment of borrowings from debt	`RepaymentsOfLongTermDebt`	$356.60M	USD	1 Quarter
Changes in book cash overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	$6.80M	USD	1 Quarter
Changes in book cash overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	$5.90M	USD	1 Quarter
Financing of energy savings performance contracts	`ProceedsFromConstructionLoansPayable`	$2.60M	USD	1 Quarter
Financing of energy savings performance contracts	`ProceedsFromConstructionLoansPayable`	$400.00K	USD	1 Quarter
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$800.00K	USD	1 Quarter
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$600.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$96.20M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.30M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.20M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-600.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalent	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.20M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalent	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.90M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.60M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$87.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$87.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.00M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Common stock, dividends (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Common stock, dividends (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Balance, beginning of period	`StockholdersEquity`	$1.72B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$1.66B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$1.74B	USD	Point-in-time
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	300,000.00	shares	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$13.30M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.50M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$1.72B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$1.66B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$1.74B	USD	Point-in-time

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