10-Q Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-012741`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	wts-20200927x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 73 Cash Flow Statement 77 Stockholders Equity 43 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.30M	USD	Point-in-time
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.80M	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
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.30M	USD	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
Trade accounts receivable, less reserve allowances of $11.9 million at September 27, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$208.90M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade accounts receivable, less reserve allowances of $11.9 million at September 27, 2020 and $14.3 million at December 31, 2019	`AccountsReceivableNetCurrent`	$219.80M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$89.70M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$83.30M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$15.50M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$16.10M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$167.30M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$171.30M	USD	Point-in-time
Total Inventories	`InventoryNet`	$273.10M	USD	Point-in-time
Total Inventories	`InventoryNet`	$270.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$699.60M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$734.90M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$557.90M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$596.60M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$357.90M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$385.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$211.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$195.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.00M	USD	Point-in-time
Goodwill	`Goodwill`	$581.10M	USD	Point-in-time
Goodwill	`Goodwill`	$588.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$151.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$142.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$3.80M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$53.00M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$62.70M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.72B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.70B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.71B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$99.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$123.30M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$133.40M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$139.10M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$57.60M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$56.20M	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`	$295.20M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$247.90M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$204.20M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$40.30M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$38.60M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$83.00M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$101.00M	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`	$602.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$591.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$513.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$543.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-124.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$978.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$934.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$985.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$942.00M	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`	$1.71B	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.11B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$383.90M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$394.70M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$225.40M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$226.10M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$649.00M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$692.80M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$456.20M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$168.60M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$158.50M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$507.40M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$319.20M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$354.90M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$119.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$106.60M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$3.40M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$2.70M	USD	3 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$8.70M	USD	3 Qtrs
Other long-lived asset impairment charge	`AssetImpairmentChargesOther`	$1.00M	USD	3 Qtrs
Loss on disposition	`GainLossOnSaleOfBusiness`	$-600.00K	USD	3 Qtrs
Loss on disposition	`GainLossOnSaleOfBusiness`	$-600.00K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$48.80M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$126.70M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$47.90M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$149.80M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$300.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.80M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.10M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$400.00K	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-10.80M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-4.10M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.60M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-10.10M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.80M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$46.20M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.90M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$139.70M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.80M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$85.10M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.90M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$99.70M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.30M	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$2.92	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.95	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$2.51	USD	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.90M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	34.10M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	34.00M	shares	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$2.91	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$2.50	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.67	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$99.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$85.10M	USD	3 Qtrs
Depreciation	`Depreciation`	$23.30M	USD	3 Qtrs
Depreciation	`Depreciation`	$22.70M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.60M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.40M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.80M	USD	1 Quarter
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-3.30M	USD	3 Qtrs
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-700.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.30M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.80M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$2.30M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-2.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-5.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.10M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-200.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.80M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-23.90M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-16.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$94.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$127.40M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.80M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.10M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.70M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.00M	USD	1 Quarter
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	3 Qtrs
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.50M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$900.00K	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.70M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-61.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.10M	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$407.50M	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$82.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$92.50M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$467.50M	USD	3 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.20M	USD	3 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.80M	USD	3 Qtrs
Payments for finance leases	`PaymentsForFinanceLeases`	$1.10M	USD	3 Qtrs
Payments for finance leases	`PaymentsForFinanceLeases`	$1.50M	USD	3 Qtrs
Payments on contractual call option	`PaymentsForHedgeFinancingActivities`	$2.80M	USD	3 Qtrs
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.20M	USD	3 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$14.80M	USD	3 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$4.50M	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$3.70M	USD	1 Quarter
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$24.80M	USD	3 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$23.60M	USD	3 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$23.20M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-59.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-119.50M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.60M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-200.00K	USD	3 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.40M	USD	3 Qtrs
DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.40M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	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`	$173.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.30M	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`	$219.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.30M	USD	Point-in-time
Fair value of assets acquired	`FairValueOfAssetsAndLiabilitiesAcquired`	$12.30M	USD	3 Qtrs
Fair value of assets acquired	`FairValueOfAssetsAndLiabilitiesAcquired`	$43.30M	USD	3 Qtrs
Cash paid, net of cash acquired	`BusinessAcquisitionNetCashPaidNoncashOrPartialNoncashTransaction`	$42.70M	USD	3 Qtrs
Cash paid, net of cash acquired	`BusinessAcquisitionNetCashPaidNoncashOrPartialNoncashTransaction`	$7.70M	USD	3 Qtrs
Liabilities assumed	`LiabilitiesAssumed1`	$4.60M	USD	3 Qtrs
Liabilities assumed	`LiabilitiesAssumed1`	$600.00K	USD	3 Qtrs
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$1.60M	USD	3 Qtrs
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$700.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$9.60M	USD	3 Qtrs
Interest	`InterestPaidNet`	$12.00M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$36.50M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$38.90M	USD	3 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$978.00M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.02B	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`	$985.20M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$942.00M	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`	$543.20M	USD	Point-in-time
Net income	`NetIncomeLoss`	$85.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.70M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.70M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$14.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.10M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$78.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$91.80M	USD	3 Qtrs
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`	$1.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.30M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.60M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.80M	USD	3 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.70M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.80M	USD	3 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$24.80M	USD	3 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.50M	USD	1 Quarter
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$3.80M	USD	3 Qtrs
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$100.00K	USD	1 Quarter
Net change in restricted stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$6.00M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$23.20M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$7.40M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$23.60M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$8.40M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$978.00M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.02B	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`	$985.20M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$942.00M	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`	$85.10M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$99.70M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$32.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.90M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-15.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$7.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$14.30M	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-4.20M	USD	3 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-1.10M	USD	3 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$100.00K	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-500.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.70M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$14.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.10M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$78.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$91.80M	USD	3 Qtrs

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