10-Q Filing

MASIMO CORP CIK: 937556 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000937556-23-000068`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	masi-20230401_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 30 Cash Flow Statement 70 Stockholders Equity 26 Comprehensive Income 10

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.70M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	52.80M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	52.50M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.10M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	19.50M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	19.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$202.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$720.00M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $8.0 million and $7.7 million at April 1, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$411.20M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $8.0 million and $7.7 million at April 1, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$445.90M	USD	Point-in-time
Inventories	`InventoryNet`	$503.50M	USD	Point-in-time
Inventories	`InventoryNet`	$501.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$158.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$172.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.31B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.26B	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$73.10M	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$81.90M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$42.90M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$41.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$402.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$402.50M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$437.50M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$460.60M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$252.30M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$262.00M	USD	Point-in-time
Goodwill	`Goodwill`	$421.90M	USD	Point-in-time
Goodwill	`Goodwill`	$445.40M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$102.50M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$111.90M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$104.20M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$114.00M	USD	Point-in-time
Total assets	`Assets`	$3.12B	USD	Point-in-time
Total assets	`Assets`	$3.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$276.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$72.90M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$89.30M	USD	Point-in-time
Deferred revenue and other contract liabilities, current	`DeferredRevenueCurrent`	$80.60M	USD	Point-in-time
Deferred revenue and other contract liabilities, current	`DeferredRevenueCurrent`	$81.70M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$179.50M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$183.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$630.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$583.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$897.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$941.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$163.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$168.40M	USD	Point-in-time
Other non-current liabilities	`DeferredCreditsAndOtherLiabilities`	$136.10M	USD	Point-in-time
Other non-current liabilities	`DeferredCreditsAndOtherLiabilities`	$136.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.001 par value; 100.0 million shares authorized; 52.8 million and 52.5 million shares issued and outstanding at April 1, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value; 100.0 million shares authorized; 52.8 million and 52.5 million shares issued and outstanding at April 1, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Treasury stock, 19.5 million and 19.5 million shares at April 1, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.17B	USD	Point-in-time
Treasury stock, 19.5 million and 19.5 million shares at April 1, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$782.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$781.60M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-17.80M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$11.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.71B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.12B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.21B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$304.20M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$565.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$280.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$99.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$204.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$284.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$108.90M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$196.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$36.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$50.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$246.80M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$145.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$59.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Non-operating loss	`NonoperatingIncomeExpense`	$-600.00K	USD	1 Quarter
Non-operating loss	`NonoperatingIncomeExpense`	$-11.80M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.20M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.90M	USD	1 Quarter
Net income	`ProfitLoss`	$21.30M	USD	1 Quarter
Net income	`ProfitLoss`	$46.60M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.40M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$21.30M	USD	1 Quarter
Net income	`ProfitLoss`	$46.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$7.30M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.90M	USD	1 Quarter
Gain on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$500.00K	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$400.00K	USD	1 Quarter
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$500.00K	USD	1 Quarter
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-400.00K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-34.80M	USD	1 Quarter
Increase in inventories	`IncreaseDecreaseInInventories`	$12.40M	USD	1 Quarter
Increase in inventories	`IncreaseDecreaseInInventories`	$7.10M	USD	1 Quarter
Increase in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$5.90M	USD	1 Quarter
Increase in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.40M	USD	1 Quarter
Increase in lease receivable, net	`ProceedsFromLeasePayments`	$-200.00K	USD	1 Quarter
Increase in lease receivable, net	`ProceedsFromLeasePayments`	$-8.80M	USD	1 Quarter
Increase in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$1.00M	USD	1 Quarter
Increase in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$14.90M	USD	1 Quarter
Increase in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	1 Quarter
Increase in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.70M	USD	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-27.10M	USD	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.20M	USD	1 Quarter
Decrease in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.70M	USD	1 Quarter
Decrease in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-16.50M	USD	1 Quarter
Decrease in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.50M	USD	1 Quarter
Decrease in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-21.80M	USD	1 Quarter
(Decrease) increase in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.30M	USD	1 Quarter
(Decrease) increase in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.30M	USD	1 Quarter
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$-1.80M	USD	1 Quarter
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$900.00K	USD	1 Quarter
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$8.30M	USD	1 Quarter
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-100.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$400.00K	USD	1 Quarter
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.50M	USD	1 Quarter
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.50M	USD	1 Quarter
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$9.70M	USD	1 Quarter
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.50M	USD	1 Quarter
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-7.50M	USD	1 Quarter
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$900.00K	USD	1 Quarter
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$400.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.10M	USD	1 Quarter
Borrowings under line of credit	`ProceedsFromLinesOfCredit`	$44.40M	USD	1 Quarter
Borrowings under line of credit	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$72.40M	USD	1 Quarter
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$4.90M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$3.20M	USD	1 Quarter
Payroll tax withholdings on behalf of employees for vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.10M	USD	1 Quarter
Payroll tax withholdings on behalf of employees for vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.20M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.20M	USD	1 Quarter
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.50M	USD	1 Quarter
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.40M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.40M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.50M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.30M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.70M	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.90M	USD	1 Quarter
Net income	`ProfitLoss`	$21.30M	USD	1 Quarter
Net income	`ProfitLoss`	$46.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-22.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.90M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.20M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized loss on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.30M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$21.30M	USD	1 Quarter
Net income	`ProfitLoss`	$46.60M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-22.80M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.90M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.20M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.30M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.70M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$-8.00M	USD	1 Quarter

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