10-Q Filing

COHERENT CORP. CIK: 820318 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000820318-22-000010`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	iivi-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 56 Cash Flow Statement 82 Stockholders Equity 56 Comprehensive Income 23

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`	$2.60B	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $2,899 at March 31, 2022 and $924 at June 30, 2021	`AccountsReceivableNetCurrent`	$658.96M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $2,899 at March 31, 2022 and $924 at June 30, 2021	`AccountsReceivableNetCurrent`	$653.10M	USD	Point-in-time
Inventories	`InventoryNet`	$695.83M	USD	Point-in-time
Inventories	`InventoryNet`	$879.51M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$13.10M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$16.03M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$84.85M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$67.62M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$924.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.90M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.23B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.03B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.32B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.24B	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$718.46M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$657.59M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$33.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$38.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$193.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$224.26M	USD	Point-in-time
Total Assets	`Assets`	$7.77B	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
Current portion of long-term debt	`LongTermDebtCurrent`	$1.38B	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
Accounts payable	`AccountsPayableCurrent`	$294.49M	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`	$361.53M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	119.13M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	120.32M	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$181.49M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$141.46M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.64M	shares	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$28.05M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$25.36M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.87M	shares	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$35.51M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$20.30M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$145.91M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$173.37M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.12B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$729.59M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$928.75M	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`	$74.52M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$115.23M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$125.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$138.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$140.64M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.38B	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.38B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; authorized - 215,000 shares; issued - 75,000 shares at March 31, 2022 and June 30, 2021; redemption value - $788,326 and $759,583, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$756.41M	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; authorized - 215,000 shares; issued - 75,000 shares at March 31, 2022 and June 30, 2021; redemption value - $788,326 and $759,583, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; authorized - 5,000,000 shares; issued - 2,300,000 shares at March 31, 2022 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 March 31, 2022 and June 30, 2021	`PreferredStockValue`	$445.32M	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 120,319,353 shares at March 31, 2022; 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 - 120,319,353 shares at March 31, 2022; 119,126,585 shares at June 30, 2021	`CommonStockValue`	$2.05B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$48.12M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.62B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.86B	USD	Point-in-time
Treasury stock, at cost; 13,868,570 shares at March 31, 2022 and 13,640,555 shares at June 30, 2021	`TreasuryStockValue`	$233.30M	USD	Point-in-time
Treasury stock, at cost; 13,868,570 shares at March 31, 2022 and 13,640,555 shares at June 30, 2021	`TreasuryStockValue`	$218.47M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.41B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.63B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.51B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.77B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$783.23M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.30B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$827.72M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.43B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.42B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$506.05M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$493.24M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.49B	USD	3 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$83.23M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$281.19M	USD	3 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$246.34M	USD	3 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$96.89M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$118.01M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$121.68M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$328.40M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$358.23M	USD	3 Qtrs
Interest expense	`InterestExpense`	$43.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$72.75M	USD	3 Qtrs
Interest expense	`InterestExpense`	$45.83M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.03M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$246.00K	USD	3 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-241.00K	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$5.54M	USD	3 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$21.43M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$2.20B	USD	3 Qtrs
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$689.75M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$764.70M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$2.04B	USD	3 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.03M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$232.82M	USD	3 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.34M	USD	3 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$93.48M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$12.39M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$41.70M	USD	3 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$44.08M	USD	3 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$14.03M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$191.12M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$49.00M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$81.09M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$215.26M	USD	3 Qtrs
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$20.35M	USD	3 Qtrs
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$17.15M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$7.01M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$50.93M	USD	3 Qtrs
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$140.19M	USD	3 Qtrs
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$194.91M	USD	3 Qtrs
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.85M	USD	1 Quarter
Net Earnings available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$74.08M	USD	1 Quarter
Basic Earning Per Share (in usd per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Basic Earning Per Share (in usd per share)	`EarningsPerShareBasic`	$1.32	USD	3 Qtrs
Basic Earning Per Share (in usd per share)	`EarningsPerShareBasic`	$1.88	USD	3 Qtrs
Basic Earning Per Share (in usd per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Diluted Earnings Per Share (in usd per share)	`EarningsPerShareDiluted`	$1.22	USD	3 Qtrs
Diluted Earnings Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted Earnings Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted Earnings Per Share (in usd per share)	`EarningsPerShareDiluted`	$1.78	USD	3 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$191.12M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$49.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$81.09M	USD	1 Quarter
Net earnings	`ProfitLoss`	$215.26M	USD	3 Qtrs
Depreciation	`Depreciation`	$153.71M	USD	3 Qtrs
Depreciation	`Depreciation`	$138.30M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$59.82M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$61.57M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$54.42M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$57.42M	USD	3 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$15.51M	USD	3 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$12.16M	USD	3 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	-	USD	3 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	$24.75M	USD	3 Qtrs
Unrealized losses (gains) on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$912.00K	USD	3 Qtrs
Unrealized losses (gains) on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.26M	USD	3 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$1.64M	USD	3 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$2.01M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.96M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-8.92M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.45M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.76M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$184.07M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$27.16M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.06M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.32M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$19.96M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-7.59M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-16.03M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-40.03M	USD	3 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.44M	USD	3 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$691.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$446.85M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$276.01M	USD	3 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$105.33M	USD	3 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$195.99M	USD	3 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.43M	USD	3 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.06M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$5.75M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-201.74M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.82M	USD	3 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$460.00M	USD	3 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$990.00M	USD	3 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	$14.89M	USD	3 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	-	USD	3 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$74.00M	USD	3 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.20M	USD	3 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	$58.60M	USD	3 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$31.56M	USD	3 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$17.18M	USD	3 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.95M	USD	3 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.25M	USD	3 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$27.61M	USD	3 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$13.42M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.72M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.97M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$709.19M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$891.28M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$42.87M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$27.04M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.01B	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.04B	USD	3 Qtrs
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.59B	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`	$1.54B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.60B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.59B	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`	$1.54B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.60B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$24.16M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$17.96M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$34.76M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$53.70M	USD	3 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$21.65M	USD	3 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$71.48M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.63B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.33B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-17.63M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-24.26M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-25.45M	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
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-42.22M	USD	1 Quarter
Shares issued in underwritten public offering	`StockIssuedDuringPeriodValueNewIssues`	$883.91M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$49.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$67.66M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$215.26M	USD	3 Qtrs
Net Earnings	`NetIncomeLoss`	$191.12M	USD	3 Qtrs
Net Earnings	`NetIncomeLoss`	$81.09M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.46M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$81.19M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$327.00K	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$8.39M	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`	$2.85M	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionOfRedemptionDiscount`	$478.00K	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionOfRedemptionDiscount`	$516.00K	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionOfRedemptionDiscount`	$9.00K	USD	1 Quarter
Accretion to redemption value of Series B shares issued in March 2021	`PreferredStockAccretionOfRedemptionDiscount`	$496.00K	USD	1 Quarter
Dividends	`Dividends`	$16.31M	USD	1 Quarter
Dividends	`Dividends`	$6.54M	USD	1 Quarter
Dividends	`Dividends`	$6.90M	USD	1 Quarter
Dividends	`Dividends`	$16.60M	USD	1 Quarter
Dividends	`Dividends`	$16.63M	USD	1 Quarter
Dividends	`Dividends`	$7.00M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.63B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.33B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$756.41M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$756.41M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$726.18M	USD	Point-in-time

Comprehensive Income 23 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$49.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$67.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$46.27M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$215.26M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$191.12M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$81.09M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.46M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$81.19M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$327.00K	USD	1 Quarter
Change in fair value of interest rate swap and interest rate cap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$8.39M	USD	1 Quarter
Change in fair value of interest rate swap and interest rate cap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-555.00K	USD	1 Quarter
Change in fair value of interest rate swap and interest rate cap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$307.14M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$224.97M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$82.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.09M	USD	1 Quarter

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