10-Q Filing

TRINSEO PLC CIK: 1519061 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-006407`
Period End Date	20210331
Filing Date	20210507
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	tse-20210331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 32 Cash Flow Statement 69 Stockholders Equity 23 Comprehensive Income 15

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.80M	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$823.50M	USD	Point-in-time
Accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$831.50M	USD	Point-in-time
Ordinary shares, nominal value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$618.40M	USD	Point-in-time
Ordinary shares, nominal value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$588.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$440.10M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$450.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.20M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	50.00B	shares	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	50.00B	shares	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	48.80M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (March 31, 2021: $4.9; December 31, 2020: $5.8)	`AccountsAndOtherReceivablesNetCurrent`	$657.80M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (March 31, 2021: $4.9; December 31, 2020: $5.8)	`AccountsAndOtherReceivablesNetCurrent`	$529.20M	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	48.80M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	38.70M	shares	Point-in-time
Inventories	`InventoryNet`	$384.10M	USD	Point-in-time
Inventories	`InventoryNet`	$463.00M	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	38.40M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.10M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	10.10M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	10.40M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.52B	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$248.10M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$240.10M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation (March 31, 2021: $823.5; December 31, 2020: $831.5)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$570.20M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation (March 31, 2021: $823.5; December 31, 2020: $831.5)	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$601.40M	USD	Point-in-time
Goodwill	`Goodwill`	$74.20M	USD	Point-in-time
Goodwill	`Goodwill`	$70.90M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$171.50M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$182.80M	USD	Point-in-time
Right of use assets - operating, net	`OperatingLeaseRightOfUseAsset`	$78.30M	USD	Point-in-time
Right of use assets - operating, net	`OperatingLeaseRightOfUseAsset`	$76.60M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$81.20M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$90.20M	USD	Point-in-time
Deferred charges and other assets	`DeferredChargesAndOtherMiscellaneousNoncurrentAssets`	$61.10M	USD	Point-in-time
Deferred charges and other assets	`DeferredChargesAndOtherMiscellaneousNoncurrentAssets`	$56.60M	USD	Point-in-time
Total other assets	`OtherNonCurrentAssets`	$486.60M	USD	Point-in-time
Total other assets	`OtherNonCurrentAssets`	$456.80M	USD	Point-in-time
Total assets	`Assets`	$3.48B	USD	Point-in-time
Total assets	`Assets`	$2.85B	USD	Point-in-time
Short-term borrowings and current portion of long-term debt	`DebtCurrentExcludingOperatingLeaseObligations`	$13.70M	USD	Point-in-time
Short-term borrowings and current portion of long-term debt	`DebtCurrentExcludingOperatingLeaseObligations`	$12.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$355.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$482.50M	USD	Point-in-time
Current lease liabilities - operating	`OperatingLeaseLiabilityCurrent`	$16.30M	USD	Point-in-time
Current lease liabilities - operating	`OperatingLeaseLiabilityCurrent`	$15.80M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$15.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$10.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$139.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$149.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$533.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$677.60M	USD	Point-in-time
Long-term debt, net of unamortized deferred financing fees	`LongTermDebtNoncurrent`	$1.61B	USD	Point-in-time
Long-term debt, net of unamortized deferred financing fees	`LongTermDebtNoncurrent`	$1.16B	USD	Point-in-time
Noncurrent lease liabilities - operating	`OperatingLeaseLiabilityNoncurrent`	$65.70M	USD	Point-in-time
Noncurrent lease liabilities - operating	`OperatingLeaseLiabilityNoncurrent`	$62.80M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$60.70M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$62.80M	USD	Point-in-time
Other noncurrent obligations	`OtherLiabilitiesNoncurrent`	$436.50M	USD	Point-in-time
Other noncurrent obligations	`OtherLiabilitiesNoncurrent`	$395.50M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.72B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$2.13B	USD	Point-in-time
Ordinary shares, $0.01 nominal value, 50,000.0 shares authorized (March 31, 2021: 48.8 shares issued and 38.7 shares outstanding; December 31, 2020: 48.8 shares issued and 38.4 shares outstanding)	`CommonStockValue`	$500.00K	USD	Point-in-time
Ordinary shares, $0.01 nominal value, 50,000.0 shares authorized (March 31, 2021: 48.8 shares issued and 38.7 shares outstanding; December 31, 2020: 48.8 shares issued and 38.4 shares outstanding)	`CommonStockValue`	$500.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$578.50M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$579.60M	USD	Point-in-time
Treasury shares, at cost (March 31, 2021: 10.1 shares; December 31, 2020: 10.4 shares)	`TreasuryStockCommonValue`	$530.00M	USD	Point-in-time
Treasury shares, at cost (March 31, 2021: 10.1 shares; December 31, 2020: 10.4 shares)	`TreasuryStockCommonValue`	$542.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$807.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$739.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-180.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-186.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$603.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$676.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$668.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$590.30M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.85B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.09B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$853.50M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$783.80M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$890.60M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$69.70M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$202.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$77.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$62.60M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$9.80M	USD	1 Quarter
Equity in earnings of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$22.90M	USD	1 Quarter
Impairment charges	`ImpairmentOfLongLivedAssetsHeldForUse`	$38.30M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$162.30M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-36.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-10.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-12.00M	USD	1 Quarter
Acquisition purchase price hedge loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-55.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.60M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.60M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.20M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$21.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-11.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$71.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-36.30M	USD	1 Quarter
Weighted average shares- basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.50M	shares	1 Quarter
Weighted average shares- basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.50M	shares	1 Quarter
Net income (loss) per share- basic	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Net income (loss) per share- basic	`EarningsPerShareBasic`	$-0.94	USD	1 Quarter
Weighted average shares- diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.50M	shares	1 Quarter
Weighted average shares- diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.50M	shares	1 Quarter
Net income (loss) per share- diluted	`EarningsPerShareDiluted`	$1.81	USD	1 Quarter
Net income (loss) per share- diluted	`EarningsPerShareDiluted`	$-0.94	USD	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-36.30M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$71.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.40M	USD	1 Quarter
Amortization of deferred financing fees, issuance discount, and excluded component of hedging instruments	`AmortizationOfFinancingCostsAndDiscountsAndExcludedComponentOfHedgingInstruments`	$1.20M	USD	1 Quarter
Amortization of deferred financing fees, issuance discount, and excluded component of hedging instruments	`AmortizationOfFinancingCostsAndDiscountsAndExcludedComponentOfHedgingInstruments`	$400.00K	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$6.60M	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-11.50M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.50M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.20M	USD	1 Quarter
Earnings of unconsolidated affiliates, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$9.80M	USD	1 Quarter
Earnings of unconsolidated affiliates, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$7.90M	USD	1 Quarter
Unrealized net (gain) loss on foreign exchange forward contracts	`UnrealizedGainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments`	$11.50M	USD	1 Quarter
Unrealized net (gain) loss on foreign exchange forward contracts	`UnrealizedGainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments`	$21.80M	USD	1 Quarter
Acquisition purchase price hedge loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-55.00M	USD	1 Quarter
Gain on sale of businesses and other assets	`GainLossOnDispositionOfAssets1`	$200.00K	USD	1 Quarter
Gain on sale of businesses and other assets	`GainLossOnDispositionOfAssets1`	$400.00K	USD	1 Quarter
Asset impairment charges or write-offs	`AssetImpairmentCharges`	$38.30M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$138.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-26.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$89.50M	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$114.90M	USD	1 Quarter
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-28.90M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.30M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.90M	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$6.90M	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-4.10M	USD	1 Quarter
Other liabilities, net	`IncreaseDecreaseInOtherOperatingLiabilities`	$10.40M	USD	1 Quarter
Other liabilities, net	`IncreaseDecreaseInOtherOperatingLiabilities`	$14.60M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$51.00M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.80M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$24.30M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$12.60M	USD	1 Quarter
Net cash received for asset and business acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-200.00K	USD	1 Quarter
Proceeds from the sale of businesses and other assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$11.60M	USD	1 Quarter
Proceeds from the settlement of hedging instruments	`ProceedsFromHedgeInvestingActivities`	$51.60M	USD	1 Quarter
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.60M	USD	1 Quarter
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$39.10M	USD	1 Quarter
Deferred financing fees	`PaymentsOfFinancingCosts`	$1.30M	USD	1 Quarter
Short-term borrowings, net	`ProceedsFromRepaymentsOfShortTermDebtExcludingLinesOfCreditAndExcludingTermLoans`	$-3.50M	USD	1 Quarter
Short-term borrowings, net	`ProceedsFromRepaymentsOfShortTermDebtExcludingLinesOfCreditAndExcludingTermLoans`	$-2.80M	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$25.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$15.90M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.30M	USD	1 Quarter
Proceeds from exercise of option awards	`ProceedsFromStockOptionsExercised`	$9.00M	USD	1 Quarter
Withholding taxes paid on restricted share units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$800.00K	USD	1 Quarter
Withholding taxes paid on restricted share units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$600.00K	USD	1 Quarter
Repayments of 2024 Term Loan B	`RepaymentsOfSecuredDebt`	$1.70M	USD	1 Quarter
Net proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$450.00M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.70M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$450.80M	USD	1 Quarter
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-9.50M	USD	1 Quarter
Effect of exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.70M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.10M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$479.70M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$441.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$588.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$457.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$441.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$588.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$457.40M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$450.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$618.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$588.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$440.10M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Dividends on ordinary shares	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends on ordinary shares	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$603.00M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$676.30M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$668.90M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$590.30M	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	38.70M	shares	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	38.40M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$71.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-36.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.20M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.80M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.70M	USD	1 Quarter
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$25.00M	USD	1 Quarter
Dividends on ordinary shares	`DividendsCommonStockCash`	$15.50M	USD	1 Quarter
Dividends on ordinary shares	`DividendsCommonStockCash`	$3.40M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$603.00M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$676.30M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$668.90M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$590.30M	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	38.70M	shares	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	38.40M	shares	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$71.50M	USD	1 Quarter
Net gain (loss) during period, tax (benefit) expense	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$100.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-36.30M	USD	1 Quarter
Net gain (loss) during period, tax (benefit) expense	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.70M	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$400.00K	USD	1 Quarter
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.60M	USD	1 Quarter
Net gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.70M	USD	1 Quarter
Net gain arising during period (net of tax of $0.0 and $0.1)	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$600.00K	USD	1 Quarter
Amounts reclassified from accumulated other comprehensive income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.10M	USD	1 Quarter
Amounts reclassified from accumulated other comprehensive income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-600.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.10M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$77.60M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-28.10M	USD	1 Quarter

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