10-Q Filing

WRIGHT MEDICAL GROUP INC CIK: 1137861 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001137861-14-000029`
Period End Date	20140331
Filing Date	20140501
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	wmgi-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 44 Cash Flow Statement 72 Comprehensive Income 22

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$343.85M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.53M	USD	Point-in-time
Common Stock, Shares Authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$6.90M	USD	Point-in-time
Common Stock, Shares Authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$9.25M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$45.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$50.78M	USD	Point-in-time
Common stock, issued and outstanding (in shares)	`CommonStockSharesIssued`	49.89M	shares	Point-in-time
Common stock, issued and outstanding (in shares)	`CommonStockSharesIssued`	47.99M	shares	Point-in-time
Inventories	`InventoryNet`	$78.83M	USD	Point-in-time
Inventories	`InventoryNet`	$72.44M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.51M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$10.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$47.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$52.35M	USD	Point-in-time
Assets Held-for-sale, Current	`AssetsHeldForSaleCurrent`	-	USD	Point-in-time
Assets Held-for-sale, Current	`AssetsHeldForSaleCurrent`	$142.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$505.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$541.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$75.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$70.52M	USD	Point-in-time
Goodwill	`Goodwill`	$118.26M	USD	Point-in-time
Goodwill	`Goodwill`	$201.62M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$72.38M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$39.42M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$3.50M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$7.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$593.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.63M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$132.21M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$128.25M	USD	Point-in-time
Assets Held-for-sale, Other, Noncurrent	`AssetsHeldForSaleLongLived`	$132.44M	USD	Point-in-time
Assets Held-for-sale, Other, Noncurrent	`AssetsHeldForSaleLongLived`	-	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.91M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$95.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$80.12M	USD	Point-in-time
Current portion of long-term obligations	`DebtCurrent`	$4.17M	USD	Point-in-time
Current portion of long-term obligations	`DebtCurrent`	$4.38M	USD	Point-in-time
Liabilities of Disposal Group, Including Discontinued Operation, Current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Liabilities of Disposal Group, Including Discontinued Operation, Current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$31.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$119.42M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$271.23M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$273.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$20.62M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$15.48M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$134.72M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$135.07M	USD	Point-in-time
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$1.40M	USD	Point-in-time
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$547.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$533.93M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.01 par value, authorized: 100,000,000 shares; issued and outstanding: 49,888,296 shares at March 31, 2014 and 47,993,765 shares at December 31, 2013	`CommonStockValue`	$488.00K	USD	Point-in-time
Common stock, $.01 par value, authorized: 100,000,000 shares; issued and outstanding: 49,888,296 shares at March 31, 2014 and 47,993,765 shares at December 31, 2013	`CommonStockValue`	$473.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$715.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$656.77M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.81M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-215.48M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-245.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$489.92M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$459.71M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$71.06M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$56.29M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$17.42M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$13.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$53.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$42.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$68.65M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$50.71M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.51M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.86M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.62M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.61M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.19M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.32M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$76.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$55.82M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-23.05M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-13.23M	USD	1 Quarter
Interest Expense Income, Net	`InterestExpenseIncomeNet`	$4.14M	USD	1 Quarter
Interest Expense Income, Net	`InterestExpenseIncomeNet`	$3.94M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$5.85M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-15.29M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.32M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-42.47M	USD	1 Quarter
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-12.17M	USD	1 Quarter
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-6.40M	USD	1 Quarter
Loss from Continuing Operations Attributable to Parent	`IncomeLossFromContinuingOperations`	$-4.92M	USD	1 Quarter
Loss from Continuing Operations Attributable to Parent	`IncomeLossFromContinuingOperations`	$-30.30M	USD	1 Quarter
(Loss) Income from Discontinued Operations, Net of Tax, Attributable to Parent	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$13.35M	USD	1 Quarter
(Loss) Income from Discontinued Operations, Net of Tax, Attributable to Parent	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-122.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.44M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-30.42M	USD	1 Quarter
(Loss) income from Continuing Operations, Per Basic Share	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.12	USD	1 Quarter
(Loss) income from Continuing Operations, Per Basic Share	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.62	USD	1 Quarter
(Loss) income from Continuing Operations, Per Diluted Share	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.62	USD	1 Quarter
(Loss) income from Continuing Operations, Per Diluted Share	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Weighted-average number of shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.44M	shares	1 Quarter
Weighted-average number of shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.62M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.62M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.14M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-30.42M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.44M	USD	1 Quarter
Depreciation	`Depreciation`	$4.35M	USD	1 Quarter
Depreciation	`Depreciation`	$8.95M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.62M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.32M	USD	1 Quarter
Consolidated Intangible Amortization	`ConsolidatedIntangibleAmortization`	$2.10M	USD	1 Quarter
Consolidated Intangible Amortization	`ConsolidatedIntangibleAmortization`	$2.19M	USD	1 Quarter
Amortization of deferred financing costs and debt discounts	`AmortizationOfFinancingCostsAndDiscounts`	$2.51M	USD	1 Quarter
Amortization of deferred financing costs and debt discounts	`AmortizationOfFinancingCostsAndDiscounts`	$2.68M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-569.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$574.00K	USD	1 Quarter
Excess tax benefit from stock-based compensation arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	1 Quarter
Excess tax benefit from stock-based compensation arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$30.00K	USD	1 Quarter
Non Cash Adjustment Derivative Fair Value	`NonCashAdjustmentDerivativeFairValue`	$-2.00M	USD	1 Quarter
Non Cash Adjustment Derivative Fair Value	`NonCashAdjustmentDerivativeFairValue`	$-1.00M	USD	1 Quarter
Non-cash realized gain on BioMimetic stock (Note 2)	`GainOnPreviouslyHeldInvestment`	-	USD	1 Quarter
Non-cash realized gain on BioMimetic stock (Note 2)	`GainOnPreviouslyHeldInvestment`	$7.80M	USD	1 Quarter
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	`DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax`	-	USD	1 Quarter
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	`DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax`	$-24.28M	USD	1 Quarter
Mark-to-market adjustment for CVRs (Note 1)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Mark-to-market adjustment for CVRs (Note 1)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$14.29M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-570.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$979.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.54M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.49M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.95M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.91M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.78M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.54M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.75M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.06M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedAndOtherLiabilities`	$-6.63M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedAndOtherLiabilities`	$-9.32M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.17M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.74M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.84M	USD	1 Quarter
Acquisition of businesses (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$80.55M	USD	1 Quarter
Acquisition of businesses (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.40M	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$755.00K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.34M	USD	1 Quarter
Sales and maturities of available-for-sale marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.75M	USD	1 Quarter
Sales and maturities of available-for-sale marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.60M	USD	1 Quarter
Investment in available-for-sale marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$13.15M	USD	1 Quarter
Investment in available-for-sale marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	1 Quarter
Proceeds from Divestiture of Businesses	`ProceedsFromDivestitureOfBusinesses`	-	USD	1 Quarter
Proceeds from Divestiture of Businesses	`ProceedsFromDivestitureOfBusinesses`	$278.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$191.21M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.02M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.13M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$10.69M	USD	1 Quarter
Payments of deferred financing and equity issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$16.00K	USD	1 Quarter
Payments of deferred financing and equity issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	1 Quarter
Payments of capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$249.00K	USD	1 Quarter
Payments of capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$26.00K	USD	1 Quarter
Excess tax benefit from stock-based compensation arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$30.00K	USD	1 Quarter
Excess tax benefit from stock-based compensation arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$891.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.66M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-579.00K	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$484.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$175.12M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-52.88M	USD	1 Quarter
Consolidated Cash and Equivalents, beginning of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$343.85M	USD	Point-in-time
Consolidated Cash and Equivalents, beginning of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$168.74M	USD	Point-in-time
Consolidated Cash and Equivalents, beginning of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$267.48M	USD	Point-in-time
Consolidated Cash and Equivalents, beginning of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$320.36M	USD	Point-in-time
Consolidated Cash and Equivalents, end of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$267.48M	USD	Point-in-time
Consolidated Cash and Equivalents, end of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$320.36M	USD	Point-in-time
Consolidated Cash and Equivalents, end of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$168.74M	USD	Point-in-time
Consolidated Cash and Equivalents, end of period	`ConsolidatedCashandEquivalentsatCarryingValue`	$343.85M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$1.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Reclassification Adjustment for Write-down of Securities Included in Net Income, Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax`	$3.04M	USD	1 Quarter
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$984.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-30.42M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.44M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.49M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-430.00K	USD	1 Quarter
Reclassification of gain on equity securities, net of taxes of $1 and $3,041, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$2.00K	USD	1 Quarter
Reclassification of gain on equity securities, net of taxes of $1 and $3,041, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$-4.76M	USD	1 Quarter
Unrealized gain on marketable securities, net of taxes $0 and $984, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on marketable securities, net of taxes $0 and $984, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.54M	USD	1 Quarter
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$2.63M	USD	1 Quarter
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	1 Quarter
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-344.00K	USD	1 Quarter
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.71M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.86M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$1.72M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-28.56M	USD	1 Quarter

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