10-Q Filing

VICTORY CAPITAL HOLDINGS, INC. CIK: 1570827 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-007024`
Period End Date	20180630
Filing Date	20180813
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	vctr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 90 Cash Flow Statement 83 Stockholders Equity 34 Comprehensive Income 22

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.93M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	78.84M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	57.18M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$51.81M	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$55.92M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$2.85M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	55.12M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$5.44M	USD	Point-in-time
Investments	`Investments`	$13.47M	USD	Point-in-time
Investments	`Investments`	$11.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.97M	USD	Point-in-time
Goodwill	`Goodwill`	$284.11M	USD	Point-in-time
Goodwill	`Goodwill`	$284.11M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$397.13M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$408.00M	USD	Point-in-time
Other assets	`OtherAssets`	$6.05M	USD	Point-in-time
Other assets	`OtherAssets`	$7.74M	USD	Point-in-time
Total assets	`Assets`	$781.24M	USD	Point-in-time
Total assets	`Assets`	$792.62M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesExcludingEmployeeBenefits`	$22.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesExcludingEmployeeBenefits`	$17.36M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrentAndNoncurrent`	$23.77M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrentAndNoncurrent`	$29.30M	USD	Point-in-time
Consideration payable for acquisition of business	`BusinessCombinationConsiderationPayable`	$10.13M	USD	Point-in-time
Consideration payable for acquisition of business	`BusinessCombinationConsiderationPayable`	$9.86M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$4.07M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$4.41M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.99M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$16.93M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$483.23M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$287.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$561.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$360.50M	USD	Point-in-time
Common stock	`CommonStockValue`	$572.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$595.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$435.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$47.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-153.58M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-183.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$420.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$231.18M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$331.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$219.87M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$792.62M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$781.24M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Investment management fees	`AssetManagementFees1`	$84.47M	USD	1 Quarter
Investment management fees	`AssetManagementFees1`	$168.59M	USD	2 Qtrs
Investment management fees	`AssetManagementFees1`	$89.00M	USD	1 Quarter
Investment management fees	`AssetManagementFees1`	$178.13M	USD	2 Qtrs
Fund administration and distribution fees	`FundAdministrationAndDistributionFees`	$33.01M	USD	2 Qtrs
Fund administration and distribution fees	`FundAdministrationAndDistributionFees`	$31.23M	USD	2 Qtrs
Fund administration and distribution fees	`FundAdministrationAndDistributionFees`	$15.40M	USD	1 Quarter
Fund administration and distribution fees	`FundAdministrationAndDistributionFees`	$16.46M	USD	1 Quarter
Total revenue	`Revenues`	$100.93M	USD	1 Quarter
Total revenue	`Revenues`	$201.59M	USD	2 Qtrs
Total revenue	`Revenues`	$209.36M	USD	2 Qtrs
Total revenue	`Revenues`	$104.40M	USD	1 Quarter
Personnel compensation and benefits	`SalariesWagesAndOfficersCompensation`	$70.67M	USD	2 Qtrs
Personnel compensation and benefits	`SalariesWagesAndOfficersCompensation`	$73.94M	USD	2 Qtrs
Personnel compensation and benefits	`SalariesWagesAndOfficersCompensation`	$35.02M	USD	1 Quarter
Personnel compensation and benefits	`SalariesWagesAndOfficersCompensation`	$37.14M	USD	1 Quarter
Distribution and other asset-based expenses	`NoninterestExpenseDistributionAndServicingFees`	$53.42M	USD	2 Qtrs
Distribution and other asset-based expenses	`NoninterestExpenseDistributionAndServicingFees`	$49.29M	USD	2 Qtrs
Distribution and other asset-based expenses	`NoninterestExpenseDistributionAndServicingFees`	$26.54M	USD	1 Quarter
Distribution and other asset-based expenses	`NoninterestExpenseDistributionAndServicingFees`	$24.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.26M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.29M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.13M	USD	1 Quarter
Change in value of consideration payable for acquisition of business	`ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness`	$-4.00K	USD	1 Quarter
Change in value of consideration payable for acquisition of business	`ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness`	$-25.00K	USD	2 Qtrs
Change in value of consideration payable for acquisition of business	`ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness`	$-25.00K	USD	1 Quarter
Change in value of consideration payable for acquisition of business	`ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness`	$-4.00K	USD	2 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$-5.00K	USD	2 Qtrs
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$228.00K	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$-5.00K	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$591.00K	USD	2 Qtrs
Restructuring and integration costs	`RestructuringAndRelatedCostIncurredCost`	$3.33M	USD	1 Quarter
Restructuring and integration costs	`RestructuringAndRelatedCostIncurredCost`	$438.00K	USD	1 Quarter
Restructuring and integration costs	`RestructuringAndRelatedCostIncurredCost`	$4.46M	USD	2 Qtrs
Restructuring and integration costs	`RestructuringAndRelatedCostIncurredCost`	$702.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$162.59M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$74.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$81.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$152.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$29.68M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.44M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$39.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$56.95M	USD	2 Qtrs
Interest income and other income/(expense)	`InvestmentIncomeNet`	$-1.57M	USD	2 Qtrs
Interest income and other income/(expense)	`InvestmentIncomeNet`	$8.00K	USD	1 Quarter
Interest income and other income/(expense)	`InvestmentIncomeNet`	$-29.00K	USD	2 Qtrs
Interest income and other income/(expense)	`InvestmentIncomeNet`	$-1.91M	USD	1 Quarter
Interest expense and other financing costs	`FinancingInterestExpense`	$4.71M	USD	1 Quarter
Interest expense and other financing costs	`FinancingInterestExpense`	$11.80M	USD	2 Qtrs
Interest expense and other financing costs	`FinancingInterestExpense`	$13.84M	USD	1 Quarter
Interest expense and other financing costs	`FinancingInterestExpense`	$26.47M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.06M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-17.89M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-15.76M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-28.04M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-4.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.99M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.68M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$39.07M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.31M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.87M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.33M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.19M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.68M	USD	1 Quarter
Earnings per sharebasic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Earnings per sharebasic	`EarningsPerShareBasic`	$0.12	USD	2 Qtrs
Earnings per sharebasic	`EarningsPerShareBasic`	$0.45	USD	2 Qtrs
Earnings per sharebasic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Earnings per sharediluted	`EarningsPerShareDiluted`	$0.42	USD	2 Qtrs
Earnings per sharediluted	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Earnings per sharediluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Earnings per sharediluted	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Weighted average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	64.79M	shares	2 Qtrs
Weighted average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	54.83M	shares	1 Quarter
Weighted average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	54.82M	shares	2 Qtrs
Weighted average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	67.95M	shares	1 Quarter
Weighted average shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.35M	shares	2 Qtrs
Weighted average shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.87M	shares	2 Qtrs
Weighted average shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.99M	shares	1 Quarter
Weighted average shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.14M	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.19	USD	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.20M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.21M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.29M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.13M	USD	1 Quarter
Deferred financing costs and derivative and accretion expense	`PaymentsOfDeferredFinancingCostsAndDerivativeAndAccretionExpense`	$-3.33M	USD	2 Qtrs
Deferred financing costs and derivative and accretion expense	`PaymentsOfDeferredFinancingCostsAndDerivativeAndAccretionExpense`	$-1.65M	USD	2 Qtrs
Stock-based and deferred compensation	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$9.43M	USD	2 Qtrs
Stock-based and deferred compensation	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$8.51M	USD	2 Qtrs
Change in fair value of contingent consideration obligations	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-4.00K	USD	2 Qtrs
Change in fair value of contingent consideration obligations	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-25.00K	USD	2 Qtrs
Loss on other receivable	`AssetImpairmentCharges`	$114.00K	USD	2 Qtrs
Loss on other receivable	`AssetImpairmentCharges`	$2.01M	USD	2 Qtrs
Unrealized depreciation (appreciation) on investments	`IncreaseDecreaseInTradingSecurities`	$122.00K	USD	2 Qtrs
Unrealized depreciation (appreciation) on investments	`IncreaseDecreaseInTradingSecurities`	$265.00K	USD	2 Qtrs
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	$-173.00K	USD	2 Qtrs
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	$-339.00K	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.06M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-3.10M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-17.22M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$405.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.48M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-155.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$26.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedExpensesExcludingEmployeeBenefits`	$-2.22M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedExpensesExcludingEmployeeBenefits`	$-7.95M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.53M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-18.55M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.28M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-557.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.59M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.82M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.31M	USD	2 Qtrs
Disposal of property and equipment due to restructuring	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.41M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.61M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$3.13M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$628.00K	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.20M	USD	2 Qtrs
Equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.29M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.33M	USD	2 Qtrs
Payment of Class A common stock deferred offering costs	`PaymentsOfStockIssuanceCosts`	$4.29M	USD	2 Qtrs
Payment of Class A common stock deferred offering costs	`PaymentsOfStockIssuanceCosts`	$400.00K	USD	1 Quarter
Payment of Class A common stock deferred offering costs	`PaymentsOfStockIssuanceCosts`	$300.00K	USD	Annual
Payment of Class A common stock deferred offering costs	`PaymentsOfStockIssuanceCosts`	$3.90M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$720.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.49M	USD	2 Qtrs
Payment of equity awards modified to liabilities	`PaymentOfEquityAwardsModifiedToLiabilities`	$1.80M	USD	2 Qtrs
Proceeds from long-term senior debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$125.00M	USD	2 Qtrs
Proceeds from long-term senior debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$359.10M	USD	2 Qtrs
Repayment of draw on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$3.50M	USD	2 Qtrs
Payment of debt financing fees	`PaymentsOfFinancingCosts`	$1.73M	USD	2 Qtrs
Payment of debt financing fees	`PaymentsOfFinancingCosts`	$2.43M	USD	2 Qtrs
Repayment of long-term senior debt	`RepaymentsOfSeniorDebt`	$559.75M	USD	2 Qtrs
Repayment of long-term senior debt	`RepaymentsOfSeniorDebt`	$15.88M	USD	2 Qtrs
Repayment of promissory note	`RepaymentsOfNotesPayable`	$287.00K	USD	2 Qtrs
Repayment of promissory note	`RepaymentsOfNotesPayable`	$287.00K	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividends`	$197.00K	USD	2 Qtrs
Payment of dividends	`PaymentsOfDividends`	$119.95M	USD	2 Qtrs
Payment of consideration for acquisition	`PaymentsOfMergerRelatedCostsFinancingActivities`	$5.54M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.27M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.01M	USD	2 Qtrs
Effect of changes of foreign exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-46.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.24M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.51M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.44M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.92M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.44M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.16M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$22.96M	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$10.14M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.84M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$343.00K	USD	2 Qtrs
Class A common stock offering costs reclassed from prepaid expenses to additional paid in capital	`ReclassificationOfCommonStockOfferingCosts`	$267.00K	USD	2 Qtrs
Settlement of compensation liability with issuance of restricted share awards	`SettlementOfCompensationLiabilityWithIssuanceOfRestrictedShareAwards`	$180.00K	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$420.74M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$231.18M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$331.00M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$219.87M	USD	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	55.12M	shares	Point-in-time
Issuance of common stock, net of underwriter discount	`StockIssuedDuringPeriodValueNewIssues`	$1.91M	USD	2 Qtrs
Issuance of common stock, net of underwriter discount	`StockIssuedDuringPeriodValueNewIssues`	$156.55M	USD	2 Qtrs
Class A common stock offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$4.56M	USD	2 Qtrs
Repurchase of shares	`StockRepurchasedDuringPeriodValue`	$720.00K	USD	2 Qtrs
Repurchase of shares	`StockRepurchasedDuringPeriodValue`	$4.49M	USD	2 Qtrs
Exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.00K	USD	2 Qtrs
Fractional shares retired	`FractionalSharesRetired`	$2.00K	USD	2 Qtrs
Cumulative effect adjustment for adoption of ASU 2016-09	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$1.82M	USD	Point-in-time
Equity awards modified to liabilities	`StockModifiedDuringPeriodEquityAwardsValue`	$1.53M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-51.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$315.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$160.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.47M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.86M	USD	2 Qtrs
Dividend	`Dividends`	$197.00K	USD	2 Qtrs
Dividend	`Dividends`	$119.95M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$11.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.68M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$420.74M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$231.18M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$331.00M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$219.87M	USD	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	55.12M	shares	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.77M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.68M	USD	1 Quarter
Net unrealized income on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$12.00K	USD	2 Qtrs
Net unrealized income on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Net unrealized income on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$46.00K	USD	2 Qtrs
Net unrealized income on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$16.00K	USD	1 Quarter
Net unrealized income on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$195.00K	USD	2 Qtrs
Net unrealized income on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$103.00K	USD	1 Quarter
Net unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-58.00K	USD	1 Quarter
Net unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$74.00K	USD	2 Qtrs
Net unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.00K	USD	1 Quarter
Net unrealized gain (loss) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-51.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$315.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$160.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.51M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.18M	USD	2 Qtrs

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