10-Q Filing

METTLER TOLEDO INTERNATIONAL INC/ CIK: 1037646 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001037646-20-000014`
Period End Date	20200331
Filing Date	20200508
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	mtd10q3312020_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 32 Cash Flow Statement 58 Stockholders Equity 26

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$16.50M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$323.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.48M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade accounts receivable, less allowances of $16,497 at March 31, 2020 and $17,009 at December 31, 2020	`AccountsReceivableNetCurrent`	$518.56M	USD	Point-in-time
Trade accounts receivable, less allowances of $16,497 at March 31, 2020 and $17,009 at December 31, 2020	`AccountsReceivableNetCurrent`	$566.26M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories	`InventoryNet`	$274.29M	USD	Point-in-time
Inventories	`InventoryNet`	$292.11M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets and prepaid expenses	`PrepaidExpenseAndOtherAssetsCurrent`	$61.32M	USD	Point-in-time
Other current assets and prepaid expenses	`PrepaidExpenseAndOtherAssetsCurrent`	$66.61M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.11B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.79M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$742.65M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$748.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.79M	shares	Point-in-time
Goodwill	`Goodwill`	$535.52M	USD	Point-in-time
Goodwill	`Goodwill`	$536.89M	USD	Point-in-time
Goodwill	`Goodwill`	$535.98M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.13M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$206.24M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	20.88M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$205.69M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	20.66M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$36.98M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$35.54M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$164.14M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$151.82M	USD	Point-in-time
Total assets	`Assets`	$2.89B	USD	Point-in-time
Total assets	`Assets`	$2.79B	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$168.51M	USD	Point-in-time
Trade accounts payable	`AccountsPayableCurrent`	$185.59M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$166.12M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$158.09M	USD	Point-in-time
Accrued compensation and related items	`EmployeeRelatedLiabilitiesCurrent`	$155.40M	USD	Point-in-time
Accrued compensation and related items	`EmployeeRelatedLiabilitiesCurrent`	$97.52M	USD	Point-in-time
Deferred revenue and customer prepayments	`DeferredRevenue`	$105.38M	USD	Point-in-time
Deferred revenue and customer prepayments	`DeferredRevenue`	$128.96M	USD	Point-in-time
Deferred revenue and customer prepayments	`DeferredRevenue`	$144.84M	USD	Point-in-time
Deferred revenue and customer prepayments	`DeferredRevenue`	$122.49M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$69.04M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$54.48M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`ShortTermDebtAndLongTermDebtCurrentMaturities`	$56.40M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`ShortTermDebtAndLongTermDebtCurrentMaturities`	$55.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$679.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$754.51M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.51B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.24B	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$45.27M	USD	Point-in-time
Deferred Income Tax Liabilities, Net	`DeferredIncomeTaxLiabilitiesNet`	$44.90M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$333.41M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$341.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.37B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 23,907,528 and 24,125,317 shares at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$448.00K	USD	Point-in-time
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 23,907,528 and 24,125,317 shares at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$448.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$783.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$788.27M	USD	Point-in-time
Treasury stock at cost (20,878,483 shares at March 31, 2020 and 20,660,694 shares at December 31, 2019)	`TreasuryStockValue`	$4.73B	USD	Point-in-time
Treasury stock at cost (20,878,483 shares at March 31, 2020 and 20,660,694 shares at December 31, 2019)	`TreasuryStockValue`	$4.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.50B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.60B	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-323.67M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-347.70M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-289.75M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-302.41M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$306.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$561.75M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$420.78M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$590.06M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.79B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.89B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$679.45M	USD	1 Quarter
Revenues	`Revenues`	$649.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$388.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$374.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$34.39M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$36.05M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$198.74M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$204.43M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$14.00M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$12.22M	USD	1 Quarter
Interest Expense	`InterestExpense`	$9.09M	USD	1 Quarter
Interest Expense	`InterestExpense`	$10.22M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$1.52M	USD	1 Quarter
Restructuring Charges	`RestructuringCharges`	$1.91M	USD	1 Quarter
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$674.00K	USD	1 Quarter
Other charges (income), net	`OtherNonoperatingIncomeExpense`	$3.34M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.50M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$125.68M	USD	1 Quarter
Provision for taxes	`IncomeTaxExpenseBenefit`	$13.87M	USD	1 Quarter
Provision for taxes	`IncomeTaxExpenseBenefit`	$20.38M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$98.11M	USD	1 Quarter
Net earnings	`EarningsPerShareBasic`	$4.50	USD	1 Quarter
Net earnings	`EarningsPerShareBasic`	$4.08	USD	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	24.03M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	24.85M	shares	1 Quarter
Net earnings	`EarningsPerShareDiluted`	$4.03	USD	1 Quarter
Net earnings	`EarningsPerShareDiluted`	$4.42	USD	1 Quarter
Weighted average number of common and common equivalent shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.31M	shares	1 Quarter
Weighted average number of common and common equivalent shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.35M	shares	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$74.09M	USD	1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	`ComprehensiveIncomeNetOfTax`	$124.47M	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$98.11M	USD	1 Quarter
Depreciation	`Depreciation`	$10.13M	USD	1 Quarter
Depreciation	`Depreciation`	$9.77M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$14.00M	USD	1 Quarter
Amortization	`AmortizationOfDeferredCharges`	$12.22M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-3.72M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-14.94M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$4.39M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$4.48M	USD	1 Quarter
Trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-45.41M	USD	1 Quarter
Trade accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-39.91M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$20.67M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.09M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.68M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.21M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-24.33M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-15.05M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-15.10M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.15M	USD	1 Quarter
Other Operating Activities, Cash Flow Statement	`OtherOperatingActivitiesCashFlowStatement`	$-42.28M	USD	1 Quarter
Other Operating Activities, Cash Flow Statement	`OtherOperatingActivitiesCashFlowStatement`	$-29.01M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.80M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.33M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.84M	USD	1 Quarter
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.61M	USD	1 Quarter
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments for (Proceeds from) Derivative Instrument, Investing Activities	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-4.80M	USD	1 Quarter
Payments for (Proceeds from) Derivative Instrument, Investing Activities	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$10.01M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.53M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.45M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBorrowings`	$302.71M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromBorrowings`	$832.27M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfBorrowings`	$271.65M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfBorrowings`	$551.32M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$28.99M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$7.13M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$186.25M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	1 Quarter
Payment for Contingent Consideration Liability, Financing Activities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Payment for Contingent Consideration Liability, Financing Activities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$10.00M	USD	1 Quarter
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-800.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$87.28M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-136.20M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.30M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.55M	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$207.78M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$178.11M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$323.58M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$126.48M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$207.78M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$178.11M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$323.58M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$126.48M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$115.80M	USD	1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-51.63M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$306.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$561.75M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$420.78M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$590.06M	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	23.91M	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	24.13M	shares	Point-in-time
Exercise of stock options and restricted stock units, shares	`ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued`	50,372.00	shares	1 Quarter
Exercise of stock options and restricted stock units, shares	`ExerciseOfStockOptionsAndRestrictedStockUnitsSharesTreasuryStockReissued`	171,752.00	shares	1 Quarter
Share based compensation, exercise value	`Sharebasedcompensationexercisevalue`	$28.99M	USD	1 Quarter
Share based compensation, exercise value	`Sharebasedcompensationexercisevalue`	$7.13M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$186.25M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$200.00M	USD	1 Quarter
Repurchases of common stock, shares	`TreasuryStockSharesAcquired`	290,429.00	shares	1 Quarter
Repurchases of common stock, shares	`TreasuryStockSharesAcquired`	268,161.00	shares	1 Quarter
Adjustment to Additional Paid in Capital, Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.48M	USD	1 Quarter
Adjustment to Additional Paid in Capital, Share-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.39M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$111.81M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$98.11M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.03M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.66M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$306.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$561.75M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$420.78M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$590.06M	USD	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	23.91M	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	24.13M	shares	Point-in-time

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