10-Q Filing

Sprouts Farmers Market, Inc. CIK: 1575515 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-016253`
Period End Date	20230331
Filing Date	20230501
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	sfm-20230402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 30 Cash Flow Statement 76 Stockholders Equity 22 Comprehensive Income 12

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Undesignated preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Undesignated preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Undesignated preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Undesignated preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$294.90M	USD	Point-in-time
Undesignated preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$293.23M	USD	Point-in-time
Undesignated preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$16.11M	USD	Point-in-time
Undesignated preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Undesignated preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$12.40M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$310.55M	USD	Point-in-time
Inventories	`InventoryNet`	$306.94M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.70M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	103.47M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$655.95M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	105.07M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$673.80M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$722.24M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	105.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	103.47M	shares	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$715.34M	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.20B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.11B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$208.06M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$184.96M	USD	Point-in-time
Goodwill	`Goodwill`	$368.88M	USD	Point-in-time
Goodwill	`Goodwill`	$381.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.97M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.11M	USD	Point-in-time
Total assets	`Assets`	$3.17B	USD	Point-in-time
Total assets	`Assets`	$3.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$172.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$187.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$151.31M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$148.87M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$48.16M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$61.57M	USD	Point-in-time
Accrued income tax	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued income tax	`AccruedIncomeTaxesCurrent`	$5.46M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$135.58M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$123.73M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$976.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$1.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$515.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$522.38M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.15B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.27B	USD	Point-in-time
Long-term debt and finance lease liabilities	`LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent`	$233.72M	USD	Point-in-time
Long-term debt and finance lease liabilities	`LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent`	$258.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$36.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$36.42M	USD	Point-in-time
Deferred income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$61.12M	USD	Point-in-time
Deferred income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$66.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.02B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized,103,470,717 shares issued and outstanding, April 2, 2023; 105,072,756 shares issued and outstanding, January 1, 2023	`CommonStockValue`	$105.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized,103,470,717 shares issued and outstanding, April 2, 2023; 105,072,756 shares issued and outstanding, January 1, 2023	`CommonStockValue`	$104.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$726.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$753.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$297.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$320.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$959.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.07B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.17B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.64B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.73B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.08B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$611.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$650.06M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$459.91M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$486.19M	USD	1 Quarter
Depreciation and amortization (exclusive of depreciation included in cost of sales)	`DepreciationAndAmortization`	$31.82M	USD	1 Quarter
Depreciation and amortization (exclusive of depreciation included in cost of sales)	`DepreciationAndAmortization`	$34.07M	USD	1 Quarter
Store closure and other costs, net	`IncomeExpenseStoreClosureAndOtherCostsNet`	$28.28M	USD	1 Quarter
Store closure and other costs, net	`IncomeExpenseStoreClosureAndOtherCostsNet`	$377.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$101.52M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$119.64M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.04M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.22M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$116.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$28.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$23.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.31M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	110.90M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	103.83M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	104.88M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.83M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$88.31M	USD	1 Quarter
Net income	`ProfitLoss`	$76.16M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$34.91M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$32.72M	USD	1 Quarter
Operating lease asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$28.04M	USD	1 Quarter
Operating lease asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$30.70M	USD	1 Quarter
Impairment of assets	`OtherAssetImpairmentCharges`	$27.84M	USD	1 Quarter
Impairment of assets	`OtherAssetImpairmentCharges`	$171.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$4.46M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.85M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-386.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.29M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-14.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-313.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.24M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.77M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$6.79M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-5.40M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.53M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.61M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.61M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.76M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.01M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$27.64M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.86M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.02M	USD	1 Quarter
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$-14.11M	USD	1 Quarter
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$-13.71M	USD	1 Quarter
Accrued income tax	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.46M	USD	1 Quarter
Accrued income tax	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$15.28M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-33.96M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-32.18M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.40M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$179.00K	USD	1 Quarter
Cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.03M	USD	1 Quarter
Cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$179.82M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.04M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.23M	USD	1 Quarter
Payments for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.04M	USD	1 Quarter
Payments for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.09M	USD	1 Quarter
Cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.23M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$62.50M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$25.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$62.50M	USD	1 Quarter
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	$219.00K	USD	1 Quarter
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	$176.00K	USD	1 Quarter
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$3.37M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$98.35M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$45.72M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.56M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.49M	USD	1 Quarter
Cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-118.08M	USD	1 Quarter
Cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.71M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.65M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$79.09M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$296.85M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$326.10M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$295.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$296.85M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$326.10M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$295.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$247.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.04M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$3.64M	USD	1 Quarter
Cash refunded for income taxes	`IncomeTaxesPaidNet`	$54.00K	USD	1 Quarter
Cash refunded for income taxes	`IncomeTaxesPaidNet`	$46.00K	USD	1 Quarter
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$42.18M	USD	1 Quarter
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$138.66M	USD	1 Quarter
Property and equipment in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$15.67M	USD	1 Quarter
Property and equipment in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$20.92M	USD	1 Quarter
Issuance of shares for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issuance of shares for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$18.14M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$959.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Net income	`NetIncomeLoss`	$76.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.31M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Issuance of shares under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.56M	USD	1 Quarter
Issuance of shares under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.49M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$99.17M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$45.72M	USD	1 Quarter
Repurchase and retirement of common stock, Shares	`StockRepurchasedAndRetiredDuringPeriodShares`	1.48M	shares	1 Quarter
Repurchase and retirement of common stock, Shares	`StockRepurchasedAndRetiredDuringPeriodShares`	3.04M	shares	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.85M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.46M	USD	1 Quarter
Issuance of shares for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issuance of shares for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$18.14M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$959.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$76.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$88.31M	USD	1 Quarter
Income tax expenses (Benefit) on cash flow hedging activities	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesOccurredDuringPeriodTax`	$1.24M	USD	1 Quarter
Income tax expenses (Benefit) for reclassification of net gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-377.00K	USD	1 Quarter
Unrealized gains (losses) on cash flow hedging activities, net of income tax of $1,240 during the thirteen weeks ended April 3, 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$3.59M	USD	1 Quarter
Unrealized gains (losses) on cash flow hedging activities, net of income tax of $1,240 during the thirteen weeks ended April 3, 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Reclassification of net gains (losses) on cash flow hedges to net income, net of income tax of ($377) during the thirteen weeks ended April 3, 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Reclassification of net gains (losses) on cash flow hedges to net income, net of income tax of ($377) during the thirteen weeks ended April 3, 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.09M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.50M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$90.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.16M	USD	1 Quarter

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