10-Q Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-005600`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	wts-20200507x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 35 Cash Flow Statement 58 Stockholders Equity 23 Comprehensive Income 10

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.40M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.30M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$245.40M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$219.70M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $13.4 million at March 29, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$236.70M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade accounts receivable, less reserve allowances of $13.4 million at March 29, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$219.80M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$83.30M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$94.20M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$15.50M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$17.30M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$171.30M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$168.10M	USD	Point-in-time
Total Inventories	`InventoryNet`	$270.10M	USD	Point-in-time
Total Inventories	`InventoryNet`	$279.60M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.50M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$734.90M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$791.20M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$557.90M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$560.60M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$357.90M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$358.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$199.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$201.80M	USD	Point-in-time
Goodwill	`Goodwill`	$581.10M	USD	Point-in-time
Goodwill	`Goodwill`	$576.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$151.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$146.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.70M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$49.70M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$53.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.77B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.72B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$123.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$117.80M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$133.40M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$132.70M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$46.30M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$57.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$82.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$105.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$419.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$379.30M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$204.20M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$296.90M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$38.60M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$41.80M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$81.60M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$83.00M	USD	Point-in-time
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$591.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$597.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$513.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$515.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-148.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$905.10M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$967.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$978.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$891.30M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$382.60M	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$388.70M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$224.50M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$219.80M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$164.20M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$162.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$115.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$116.10M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$1.40M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$47.80M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$46.70M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.60M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$-500.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.20M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.60M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.70M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.00M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.00M	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Weighted average number of shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.20M	shares	1 Quarter
Weighted average number of shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.00M	shares	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Weighted average number of shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.10M	shares	1 Quarter
Weighted average number of shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.21	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$32.00M	USD	1 Quarter
Net income	`ProfitLoss`	$31.00M	USD	1 Quarter
Depreciation	`Depreciation`	$7.50M	USD	1 Quarter
Depreciation	`Depreciation`	$7.60M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.80M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.90M	USD	1 Quarter
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-500.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.60M	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-3.90M	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-4.50M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.30M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$12.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.60M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-200.00K	USD	1 Quarter
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-32.30M	USD	1 Quarter
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.90M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.20M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-900.00K	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.90M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.90M	USD	1 Quarter
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.50M	USD	1 Quarter
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$30.00M	USD	1 Quarter
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$70.00M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$12.50M	USD	1 Quarter
Payments for tax withholding on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.70M	USD	1 Quarter
Payments for tax withholding on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.70M	USD	1 Quarter
Payment of finance leases	`PaymentsForFinanceLeases`	$500.00K	USD	1 Quarter
Payment of finance leases	`PaymentsForFinanceLeases`	$500.00K	USD	1 Quarter
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$600.00K	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$5.60M	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$14.70M	USD	1 Quarter
Dividends	`PaymentsOfOrdinaryDividends`	$8.00M	USD	1 Quarter
Dividends	`PaymentsOfOrdinaryDividends`	$7.30M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$39.10M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-800.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$25.70M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-33.90M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.40M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.20M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.20M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$1.20M	USD	1 Quarter
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$700.00K	USD	1 Quarter
Interest	`InterestPaidNet`	$2.50M	USD	1 Quarter
Interest	`InterestPaidNet`	$2.60M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$5.00M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$2.90M	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$905.10M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$967.80M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$978.00M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time
Net income	`NetIncomeLoss`	$32.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.60M	USD	1 Quarter
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$600.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.60M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.60M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.70M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.60M	USD	1 Quarter
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$3.60M	USD	1 Quarter
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$5.70M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.30M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.00M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$905.10M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$967.80M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$978.00M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.50M	USD	1 Quarter
Cash flow hedges	`UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss`	$-900.00K	USD	1 Quarter
Cash flow hedges	`UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss`	$-1.30M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.40M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.60M	USD	1 Quarter

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