10-Q Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-009084`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	wts-20200628x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 74 Cash Flow Statement 67 Stockholders Equity 44 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.70M	USD	Point-in-time
Trade accounts receivable, reserve allowances	`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`	$219.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.70M	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
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade accounts receivable, less reserve allowances of $12.7 million at June 28, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$219.80M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $12.7 million at June 28, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$209.20M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$95.40M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$83.30M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$15.50M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$18.10M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$171.30M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$170.40M	USD	Point-in-time
Total Inventories	`InventoryNet`	$270.10M	USD	Point-in-time
Total Inventories	`InventoryNet`	$283.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$667.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$734.90M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$577.00M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$557.90M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$370.10M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$357.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$206.90M	USD	Point-in-time
Goodwill	`Goodwill`	$580.10M	USD	Point-in-time
Goodwill	`Goodwill`	$581.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$151.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$143.40M	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`	$47.80M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$53.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.65B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.68B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.72B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$123.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$103.40M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$129.80M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$133.40M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$57.60M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$45.70M	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`	$278.90M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$262.50M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$204.20M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$38.60M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$41.20M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$83.00M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$80.50M	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`	$598.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$513.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$521.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-138.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$967.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$985.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$978.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$934.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$905.10M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$891.30M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.65B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$338.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$721.30M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$805.50M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$416.80M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$423.60M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$466.70M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$242.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$203.80M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$297.70M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$134.90M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$174.60M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$338.80M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$212.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$235.10M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$119.00M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$1.30M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$5.30M	USD	2 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$2.70M	USD	2 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$5.30M	USD	1 Quarter
Other long-lived asset impairment charge	`AssetImpairmentChargesOther`	$1.00M	USD	2 Qtrs
Other long-lived asset impairment charge	`AssetImpairmentChargesOther`	$1.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$54.30M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$78.80M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$31.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$101.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.30M	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$100.00K	USD	2 Qtrs
Other (income) expense	`OtherNonoperatingIncomeExpense`	$400.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$100.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-6.70M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-3.50M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.50M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-7.50M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$93.50M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.80M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.50M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$72.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$26.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.40M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$67.40M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.20M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.40M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.20M	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.54	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.97	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.06	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	34.10M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	34.10M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.90M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.97	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.53	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.44	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.46	USD	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$67.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$15.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$15.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.90M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.80M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$7.80M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$7.60M	USD	2 Qtrs
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-1.30M	USD	2 Qtrs
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-600.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.70M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-1.90M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-4.50M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$48.90M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.60M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.30M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.10M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.30M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-30.00M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-37.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.30M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.90M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.40M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.30M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.80M	USD	2 Qtrs
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.30M	USD	2 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$40.00M	USD	2 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$407.50M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$50.00M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$452.50M	USD	2 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	2 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.80M	USD	2 Qtrs
Payments for finance leases	`PaymentsForFinanceLeases`	$800.00K	USD	2 Qtrs
Payments for finance leases	`PaymentsForFinanceLeases`	$1.00M	USD	2 Qtrs
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$800.00K	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.20M	USD	2 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$10.30M	USD	2 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$4.70M	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$21.10M	USD	2 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$6.40M	USD	1 Quarter
Dividends	`PaymentsOfOrdinaryDividends`	$15.80M	USD	2 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$15.20M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.10M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-200.00K	USD	2 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.30M	USD	2 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-71.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.80M	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`	$148.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.80M	USD	Point-in-time
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$700.00K	USD	2 Qtrs
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$1.30M	USD	2 Qtrs
Interest	`InterestPaidNet`	$8.40M	USD	2 Qtrs
Interest	`InterestPaidNet`	$7.20M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$12.40M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$26.90M	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$967.80M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$985.20M	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`	$934.20M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$905.10M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time
Change in accounting principle	`RetainedEarningsAccumulatedDeficit`	$513.90M	USD	Point-in-time
Change in accounting principle	`RetainedEarningsAccumulatedDeficit`	$521.40M	USD	Point-in-time
Net income	`NetIncomeLoss`	$36.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$67.40M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$62.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$37.50M	USD	1 Quarter
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.00K	USD	1 Quarter
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$800.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.40M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.70M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.80M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.70M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$21.10M	USD	2 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.40M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.30M	USD	2 Qtrs
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$5.80M	USD	2 Qtrs
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$3.70M	USD	2 Qtrs
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$100.00K	USD	1 Quarter
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$100.00K	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$15.80M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$7.80M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$7.90M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$15.20M	USD	2 Qtrs
Balance at the end of the period	`StockholdersEquity`	$967.80M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$985.20M	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`	$934.20M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$905.10M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$67.40M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.20M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.40M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.20M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.50M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.10M	USD	2 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-1.20M	USD	2 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-3.70M	USD	2 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-300.00K	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-2.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$62.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$37.50M	USD	1 Quarter

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