10-K Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001558370-22-001530`
Period End Date	20211231
Filing Date	20220222
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	wts-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 55 Cash Flow Statement 105 Stockholders Equity 32 Comprehensive Income 15

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.30M	USD	Point-in-time
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.10M	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
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`	$242.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$218.90M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $10.3 million at December 31, 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
Trade accounts receivable, less reserve allowances of $10.3 million at December 31, 2021 and $11.1 million at December 31, 2020	`AccountsReceivableNetCurrent`	$220.90M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$119.40M	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
Raw materials	`InventoryRawMaterialsNetOfReserves`	$79.60M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$16.10M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$20.40M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$167.90M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$230.90M	USD	Point-in-time
Total Inventories	`InventoryNet`	$370.70M	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`	$27.90M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$861.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$709.50M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$608.60M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$608.80M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$396.30M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$408.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.70M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$212.30M	USD	Point-in-time
Goodwill	`Goodwill`	$605.80M	USD	Point-in-time
Goodwill	`Goodwill`	$602.40M	USD	Point-in-time
Goodwill	`Goodwill`	$600.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$141.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$128.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$3.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$4.40M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$60.60M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$67.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.74B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.72B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.86B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.10M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$186.90M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$137.40M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$78.20M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$65.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$312.80M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$408.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$141.90M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$198.20M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$51.10M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$40.50M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$91.50M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$106.30M	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`	$631.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$560.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$665.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.30M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$978.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$891.30M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.07B	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 55 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.51B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.81B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.60B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$923.00M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$883.20M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.04B	USD	Annual
GROSS PROFIT	`GrossProfit`	$677.50M	USD	Annual
GROSS PROFIT	`GrossProfit`	$767.10M	USD	Annual
GROSS PROFIT	`GrossProfit`	$625.40M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$508.20M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$476.10M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$432.40M	USD	Annual
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$4.30M	USD	Annual
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$9.90M	USD	Annual
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$19.30M	USD	Annual
Other long-lived asset impairment charge	`AssetImpairmentChargesOther`	$1.40M	USD	Annual
Loss on disposition	`GainLossOnSaleOfBusiness`	$-600.00K	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$197.10M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$181.10M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$239.60M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$400.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	Annual
Interest expense	`InterestExpense`	$14.10M	USD	Annual
Interest expense	`InterestExpense`	$13.30M	USD	Annual
Interest expense	`InterestExpense`	$6.30M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$500.00K	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-14.10M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-5.50M	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-13.20M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.10M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.90M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.40M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.70M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$68.40M	USD	Annual
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$165.70M	USD	Annual
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$131.50M	USD	Annual
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$114.30M	USD	Annual
NET INCOME PER SHARE	`EarningsPerShareBasic`	$4.90	USD	Annual
NET INCOME PER SHARE	`EarningsPerShareBasic`	$3.86	USD	Annual
NET INCOME PER SHARE	`EarningsPerShareBasic`	$3.37	USD	Annual
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	34.10M	shares	Annual
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.90M	shares	Annual
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	Annual
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$3.36	USD	Annual
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$4.88	USD	Annual
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$3.85	USD	Annual
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.20M	shares	Annual
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	Annual
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.00M	shares	Annual
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$1.01	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.92	USD	Annual

Cash Flow Statement 105 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$114.30M	USD	Annual
Net income	`ProfitLoss`	$165.70M	USD	Annual
Net income	`ProfitLoss`	$131.50M	USD	Annual
Depreciation	`Depreciation`	$31.30M	USD	Annual
Depreciation	`Depreciation`	$31.40M	USD	Annual
Depreciation	`Depreciation`	$31.00M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$13.70M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$15.60M	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$15.20M	USD	Annual
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-4.00M	USD	Annual
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-1.40M	USD	Annual
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-800.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$17.80M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$22.90M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$12.70M	USD	Annual
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$8.20M	USD	Annual
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-7.00M	USD	Annual
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$-1.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-17.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$113.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-18.70M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$800.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.60M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-700.00K	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-7.30M	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.40M	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$98.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$180.80M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$228.80M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$194.00M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.80M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.20M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.70M	USD	Annual
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.20M	USD	Annual
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	Annual
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.10M	USD	Annual
Proceeds from the sale of business, and other	`ProceedsFromDivestitureOfBusinesses`	$2.00M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.10M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.70M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.20M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.70M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.80M	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$40.00M	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$407.50M	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$82.00M	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$517.50M	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$95.00M	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$127.00M	USD	Annual
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.40M	USD	Annual
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.60M	USD	Annual
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.80M	USD	Annual
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$2.10M	USD	Annual
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$1.40M	USD	Annual
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$1.60M	USD	Annual
Payments on contractual call option	`PaymentsForHedgeFinancingActivities`	$2.80M	USD	Annual
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$100.00K	USD	Annual
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.10M	USD	Annual
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$500.00K	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.40M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.20M	USD	Annual
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$19.50M	USD	Annual
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$16.00M	USD	Annual
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$28.90M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$31.40M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$31.40M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$34.30M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-118.60M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-181.90M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-105.60M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.40M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.10M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$15.60M	USD	Annual
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-800.00K	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$218.90M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.10M	USD	Point-in-time
Fair value of assets acquired	`FairValueOfAssetsAndLiabilitiesAcquired`	$43.30M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAndLiabilitiesAcquired`	$20.40M	USD	Annual
Fair value of assets acquired	`FairValueOfAssetsAndLiabilitiesAcquired`	$12.10M	USD	Annual
Cash paid, net of cash acquired	`BusinessAcquisitionNetCashPaidNoncashOrPartialNoncashTransaction`	$9.10M	USD	Annual
Cash paid, net of cash acquired	`BusinessAcquisitionNetCashPaidNoncashOrPartialNoncashTransaction`	$42.70M	USD	Annual
Cash paid, net of cash acquired	`BusinessAcquisitionNetCashPaidNoncashOrPartialNoncashTransaction`	$15.20M	USD	Annual
Liabilities assumed	`LiabilitiesAssumed1`	$3.10M	USD	Annual
Liabilities assumed	`LiabilitiesAssumed1`	$600.00K	USD	Annual
Liabilities assumed	`LiabilitiesAssumed1`	$5.20M	USD	Annual
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$600.00K	USD	Annual
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$1.80M	USD	Annual
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$600.00K	USD	Annual
Interest	`InterestPaidNet`	$12.20M	USD	Annual
Interest	`InterestPaidNet`	$17.10M	USD	Annual
Interest	`InterestPaidNet`	$6.90M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$73.00M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$45.60M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$50.80M	USD	Annual

Stockholders Equity 32 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`	$1.17B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.07B	USD	Point-in-time
Net income	`NetIncomeLoss`	$114.30M	USD	Annual
Net income	`NetIncomeLoss`	$165.70M	USD	Annual
Net income	`NetIncomeLoss`	$131.50M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.30M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.70M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$30.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$138.40M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$145.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.80M	USD	Annual
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	Annual
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$400.00K	USD	Annual
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.10M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.90M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.80M	USD	Annual
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$16.00M	USD	Annual
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$19.50M	USD	Annual
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$28.90M	USD	Annual
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$4.10M	USD	Annual
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$6.10M	USD	Annual
Net change in restricted stock and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$7.70M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$31.40M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$34.30M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$31.40M	USD	Annual
Balance at the end of the period	`StockholdersEquity`	$978.00M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$891.30M	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.07B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$165.70M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$131.50M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$114.30M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.40M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-28.00M	USD	Annual
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-600.00K	USD	Annual
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-4.70M	USD	Annual
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$700.00K	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.30M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.70M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$30.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$138.40M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$145.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.80M	USD	Annual

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