10-Q Filing

COHERENT CORP. CIK: 820318 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000820318-22-000004`
Period End Date	20211231
Filing Date	20220209
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	iivi-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 56 Cash Flow Statement 80 Stockholders Equity 51 Comprehensive Income 28

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.65B	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $2,169 at December 31, 2021 and $924 at June 30, 2021	`AccountsReceivableNetCurrent`	$658.96M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $2,169 at December 31, 2021 and $924 at June 30, 2021	`AccountsReceivableNetCurrent`	$604.21M	USD	Point-in-time
Inventories	`InventoryNet`	$819.09M	USD	Point-in-time
Inventories	`InventoryNet`	$695.83M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$13.10M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$16.80M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.99M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$924.00K	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$67.62M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.17M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.17B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.03B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.24B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.27B	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$676.47M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$718.46M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$33.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$36.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$204.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$193.66M	USD	Point-in-time
Total Assets	`Assets`	$7.65B	USD	Point-in-time
Total Assets	`Assets`	$6.51B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.05M	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$339.99M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$294.49M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	120.05M	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$181.49M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	119.13M	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$146.20M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.85M	shares	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$25.36M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.64M	shares	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$28.02M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$23.07M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$20.30M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$167.85M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$145.91M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$729.59M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$942.58M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.31B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$73.96M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$80.37M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$120.45M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$125.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$139.07M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$138.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.37B	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.38B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; authorized - 215,000 shares; issued - 75,000 shares at December 31, 2021 and June 30, 2021; redemption value - $778,594 and $759,583, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; authorized - 215,000 shares; issued - 75,000 shares at December 31, 2021 and June 30, 2021; redemption value - $778,594 and $759,583, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$746.16M	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; authorized - 5,000,000 shares; issued - 2,300,000 shares at December 31, 2021 and June 30, 2021	`PreferredStockValue`	$445.32M	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; authorized - 5,000,000 shares; issued - 2,300,000 shares at December 31, 2021 and June 30, 2021	`PreferredStockValue`	$445.32M	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 120,052,989 shares at December 31, 2021; 119,126,585 shares at June 30, 2021	`CommonStockValue`	$2.03B	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 120,052,989 shares at December 31, 2021; 119,126,585 shares at June 30, 2021	`CommonStockValue`	$2.02B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.27M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.14B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.62B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.77B	USD	Point-in-time
Treasury stock, at cost; 13,853,088 shares at December 31, 2021 and 13,640,555 shares at June 30, 2021	`TreasuryStockValue`	$232.21M	USD	Point-in-time
Treasury stock, at cost; 13,853,088 shares at December 31, 2021 and 13,640,555 shares at June 30, 2021	`TreasuryStockValue`	$218.47M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.54B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.65B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.51B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.60B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$786.57M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.51B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$806.82M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$924.98M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$473.86M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$984.14M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$495.65M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$163.11M	USD	2 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$95.33M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$184.29M	USD	2 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$84.86M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$206.72M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$240.22M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$109.13M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$117.62M	USD	1 Quarter
Interest expense	`InterestExpense`	$32.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$29.25M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.06M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.59M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-1.81M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$5.78M	USD	2 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.15M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-21.19M	USD	2 Qtrs
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$727.47M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$1.35B	USD	2 Qtrs
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$680.29M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$1.43B	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.35M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$165.86M	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$169.79M	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.28M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$11.70M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$31.69M	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$18.38M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$27.67M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$67.66M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$87.90M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$134.17M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$142.12M	USD	2 Qtrs
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$33.78M	USD	2 Qtrs
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$6.90M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$13.34M	USD	2 Qtrs
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$16.70M	USD	1 Quarter
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$120.83M	USD	2 Qtrs
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$50.95M	USD	1 Quarter
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$81.00M	USD	1 Quarter
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$108.34M	USD	2 Qtrs
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$1.02	USD	2 Qtrs
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$1.12	USD	2 Qtrs
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.94	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$67.66M	USD	1 Quarter
Net earnings	`ProfitLoss`	$87.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$134.17M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$142.12M	USD	2 Qtrs
Depreciation	`Depreciation`	$100.39M	USD	2 Qtrs
Depreciation	`Depreciation`	$91.03M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$40.33M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$40.86M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$40.71M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$38.02M	USD	2 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$10.38M	USD	2 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.56M	USD	2 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	-	USD	2 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	$24.75M	USD	2 Qtrs
Unrealized losses (gains) on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-12.18M	USD	2 Qtrs
Unrealized losses (gains) on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$1.88M	USD	2 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$1.39M	USD	2 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$1.82M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.22M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.52M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-55.55M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.37M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$123.75M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.71M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.26M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.75M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-12.01M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$2.60M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-35.29M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-13.96M	USD	2 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-16.21M	USD	2 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-172.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$240.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$355.70M	USD	2 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$101.69M	USD	2 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.33M	USD	2 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.43M	USD	2 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-101.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-113.76M	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$460.00M	USD	2 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$990.00M	USD	2 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	$14.89M	USD	2 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$74.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.64M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	$36.09M	USD	2 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.37M	USD	2 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$22.36M	USD	2 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.82M	USD	2 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	2 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$20.71M	USD	2 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$6.52M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-366.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.42M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$910.87M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$72.81M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.56M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.74M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$341.49M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.06B	USD	2 Qtrs
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$834.54M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$493.05M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.65B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.59B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$834.54M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$493.05M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.65B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.59B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$13.90M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$16.10M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$24.23M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$22.93M	USD	2 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$10.50M	USD	2 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$64.10M	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-152.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$782.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$630.00K	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$3.45M	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$734.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$2.71M	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$17.63M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$42.22M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-11.27M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$16.05M	USD	1 Quarter
Shares issued in underwritten public offering	`StockIssuedDuringPeriodValueNewIssues`	$883.91M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$67.66M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$142.12M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$134.17M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$99.59M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.79M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.85M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$9.91M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-555.00K	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$12.59M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.30M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.68M	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionToRedemptionValue`	$496.00K	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionToRedemptionValue`	$478.00K	USD	1 Quarter
Dividends	`Dividends`	$6.90M	USD	1 Quarter
Dividends	`Dividends`	$16.60M	USD	1 Quarter
Dividends	`Dividends`	$6.54M	USD	1 Quarter
Dividends	`Dividends`	$16.31M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$746.16M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$746.16M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-152.00K	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$67.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$142.12M	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$782.00K	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$630.00K	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$134.17M	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$3.45M	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$734.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$2.71M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$99.59M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.79M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.85M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$9.91M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-555.00K	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$12.59M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.30M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $2,714 and $3,448 for the three and six months ended December 31, 2021, respectively and $782 and $630 for the three and six months ended December 31, 2020, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$80.16M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$154.82M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$142.92M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$236.06M	USD	2 Qtrs

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