10-Q Filing

PEGASYSTEMS INC CIK: 1013857 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001013857-22-000089`
Period End Date	20220331
Filing Date	20220428
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	pega-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 40 Cash Flow Statement 54 Stockholders Equity 28 Comprehensive Income 10

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.97M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$202.81M	USD	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
Marketable securities	`MarketableSecuritiesCurrent`	$199.40M	USD	Point-in-time
Total cash, cash equivalents, and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$332.17M	USD	Point-in-time
Total cash, cash equivalents, and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$362.78M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$171.18M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	81.71M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	81.80M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$182.72M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$226.05M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	81.80M	shares	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$226.71M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$74.41M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$803.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$840.22M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$135.97M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$129.79M	USD	Point-in-time
Goodwill	`Goodwill`	$81.92M	USD	Point-in-time
Goodwill	`Goodwill`	$82.03M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$541.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$516.66M	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Total assets	`Assets`	$1.54B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.28M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.40M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$120.95M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$54.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$290.87M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$275.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.31M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$485.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$435.01M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$591.44M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$590.72M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$90.70M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$87.82M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.18B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, 1,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 1,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 200,000 shares authorized; 81,802 and 81,712 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$817.00K	USD	Point-in-time
Common stock, 200,000 shares authorized; 81,802 and 81,712 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$818.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$141.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$276.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$273.62M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.99M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$478.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$416.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$406.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$542.17M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.54B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$376.31M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$313.50M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$82.45M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$88.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$288.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$231.05M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$162.24M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$148.74M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$71.49M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$62.44M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$35.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.27M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$269.49M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$229.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$18.62M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.60M	USD	1 Quarter
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.10M	USD	1 Quarter
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.88M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$153.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$207.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.88M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.95M	USD	1 Quarter
(Loss) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-19.12M	USD	1 Quarter
(Loss) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-30.56M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$106.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.74M	USD	1 Quarter
(Loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.23M	USD	1 Quarter
(Loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.06M	USD	1 Quarter
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-7.68M	USD	1 Quarter
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-17.62M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.68M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.00M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$30.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$28.23M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.29M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.07M	USD	1 Quarter
Loss on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-19.12M	USD	1 Quarter
Loss on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-30.56M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$11.50M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$17.22M	USD	1 Quarter
Lease expense	`OperatingLeaseExpense`	$3.92M	USD	1 Quarter
Lease expense	`OperatingLeaseExpense`	$3.24M	USD	1 Quarter
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$4.17M	USD	1 Quarter
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$7.01M	USD	1 Quarter
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.10M	USD	1 Quarter
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.88M	USD	1 Quarter
Other non-cash	`OtherNoncashIncomeExpense`	$1.10M	USD	1 Quarter
Other non-cash	`OtherNoncashIncomeExpense`	$-1.63M	USD	1 Quarter
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$55.33M	USD	1 Quarter
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$34.35M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.12M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.65M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$21.05M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$33.69M	USD	1 Quarter
Proceeds from maturities and called investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$40.87M	USD	1 Quarter
Proceeds from maturities and called investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$20.91M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$13.35M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.45M	USD	1 Quarter
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.99M	USD	1 Quarter
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.66M	USD	1 Quarter
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.78M	USD	1 Quarter
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.49M	USD	1 Quarter
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.08M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.45M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.29M	USD	1 Quarter
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$2.43M	USD	1 Quarter
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$2.45M	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$35.91M	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$34.66M	USD	1 Quarter
Cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.79M	USD	1 Quarter
Cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.92M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.54M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-310.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.19M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$809.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.77M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.97M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.77M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.97M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.71M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	81.80M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$416.09M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$406.67M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$542.17M	USD	Point-in-time
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$22.58M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.15M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-25.51M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-12.13M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.45M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.29M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.23M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.44M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.55M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	81.80M	shares	Point-in-time
Balance, end of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$416.09M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$406.67M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$542.17M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.01M	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$222.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.77M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-730.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.55M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Comprehensive (loss)	`ComprehensiveIncomeNetOfTax`	$-2.93M	USD	1 Quarter
Comprehensive (loss)	`ComprehensiveIncomeNetOfTax`	$-6.34M	USD	1 Quarter

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