10-Q Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-010451`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	wts-20210627x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 72 Cash Flow Statement 66 Stockholders Equity 41 Comprehensive Income 20

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.10M	USD	Point-in-time
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.40M	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`	$240.10M	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`	$218.90M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $11.4 million at June 27, 2021 and $11.1 million at December 31, 2020	`AccountsReceivableNetCurrent`	$256.70M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $11.4 million at June 27, 2021 and $11.1 million at December 31, 2020	`AccountsReceivableNetCurrent`	$197.60M	USD	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
Raw materials	`InventoryRawMaterialsNetOfReserves`	$79.60M	USD	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$108.40M	USD	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
Work in process	`InventoryWorkInProcessNetOfReserves`	$16.10M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$20.00M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$167.90M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$185.10M	USD	Point-in-time
Total Inventories	`InventoryNet`	$313.50M	USD	Point-in-time
Total Inventories	`InventoryNet`	$263.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.60M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$843.90M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$709.50M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$612.20M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$608.60M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$405.20M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$396.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$212.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$207.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$206.90M	USD	Point-in-time
Goodwill	`Goodwill`	$599.10M	USD	Point-in-time
Goodwill	`Goodwill`	$602.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$133.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$141.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$4.40M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$62.70M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$67.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.86B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.74B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.65B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$155.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.10M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$172.70M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$137.40M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$65.30M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$67.50M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$395.80M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$312.80M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$191.50M	USD	Point-in-time
LONG-TERM DEBT, NET OF CURRENT PORTION	`LongTermDebtNoncurrent`	$198.20M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$51.10M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$49.70M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$106.30M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$100.40M	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`	$606.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$618.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$605.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$560.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-109.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.07B	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`	$967.80M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.86B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$880.30M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$721.30M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$338.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$467.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$423.60M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$266.90M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$506.50M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$203.80M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$134.90M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$297.70M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$200.10M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$373.80M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$244.20M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$130.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$212.60M	USD	2 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$17.00M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$5.30M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$5.30M	USD	2 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$17.30M	USD	2 Qtrs
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`	$112.30M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$52.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$78.80M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$31.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.50M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$400.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$500.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$100.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-2.70M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-3.50M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-6.70M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$51.70M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.50M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$109.60M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$72.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.40M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.90M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.20M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.20M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.50M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$79.20M	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$2.34	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.54	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.90M	shares	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$2.34	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.53	USD	2 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.46	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.26	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.49	USD	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$79.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$16.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$15.30M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$7.30M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$7.60M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.80M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.40M	USD	1 Quarter
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`	$-700.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$9.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.40M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-1.90M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$4.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$60.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$52.10M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.50M	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`	$85.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$73.20M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.30M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.00M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.90M	USD	1 Quarter
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
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.10M	USD	2 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$407.50M	USD	2 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$35.00M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$452.50M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$40.00M	USD	2 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.80M	USD	2 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.20M	USD	2 Qtrs
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$600.00K	USD	2 Qtrs
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$1.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.40M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.20M	USD	2 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$7.80M	USD	2 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$21.10M	USD	2 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$15.80M	USD	2 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$16.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-41.70M	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`	$-2.20M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.10M	USD	2 Qtrs
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$21.20M	USD	2 Qtrs
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-71.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.10M	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`	$148.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.90M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.10M	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`	$148.70M	USD	Point-in-time
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$500.00K	USD	2 Qtrs
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$700.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$3.90M	USD	2 Qtrs
Interest	`InterestPaidNet`	$7.20M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$12.40M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$31.10M	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$1.07B	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`	$967.80M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.08B	USD	Point-in-time
Change in accounting principle	`RetainedEarningsAccumulatedDeficit`	$605.60M	USD	Point-in-time
Change in accounting principle	`RetainedEarningsAccumulatedDeficit`	$560.10M	USD	Point-in-time
Net income	`NetIncomeLoss`	$52.20M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.20M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.70M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.20M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$70.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.90M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.40M	USD	2 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.00M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$21.10M	USD	2 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$7.80M	USD	2 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.40M	USD	1 Quarter
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$5.80M	USD	2 Qtrs
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$100.00K	USD	1 Quarter
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$7.30M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$16.70M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$7.80M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.90M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$15.80M	USD	2 Qtrs
Balance at the end of the period	`StockholdersEquity`	$1.07B	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`	$967.80M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.08B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.20M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.20M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.50M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$79.20M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.30M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.50M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.80M	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-900.00K	USD	2 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-1.20M	USD	2 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-800.00K	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-300.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.20M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$44.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$70.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.50M	USD	1 Quarter

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