10-Q Filing

WATTS WATER TECHNOLOGIES INC CIK: 795403 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-016170`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	wts-20220925x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 70 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`	$11.70M	USD	Point-in-time
Trade accounts receivable, reserve allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.30M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$219.50M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade accounts receivable, less reserve allowances of $11.7 million at September 25, 2022 and $10.3 million at December 31, 2021	`AccountsReceivableNetCurrent`	$257.00M	USD	Point-in-time
Trade accounts receivable, less reserve allowances of $11.7 million at September 25, 2022 and $10.3 million at December 31, 2021	`AccountsReceivableNetCurrent`	$220.90M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Raw materials	`InventoryRawMaterialsNetOfReserves`	$153.10M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	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
Work in process	`InventoryWorkInProcessNetOfReserves`	$24.00M	USD	Point-in-time
Work in process	`InventoryWorkInProcessNetOfReserves`	$20.40M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$245.50M	USD	Point-in-time
Finished goods	`InventoryFinishedGoodsNetOfReserves`	$230.90M	USD	Point-in-time
Total Inventories	`InventoryNet`	$422.60M	USD	Point-in-time
Total Inventories	`InventoryNet`	$370.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$37.70M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$861.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$936.80M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$578.40M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$608.80M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$389.30M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$408.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$204.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$189.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$200.70M	USD	Point-in-time
Goodwill	`Goodwill`	$600.70M	USD	Point-in-time
Goodwill	`Goodwill`	$582.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$114.90M	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`	$3.50M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$58.80M	USD	Point-in-time
Other, net	`OtherAssetsNoncurrent`	$60.60M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.86B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.89B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.86B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$131.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.40M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$174.00M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilitiesCurrent`	$186.90M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$72.90M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$78.20M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$408.50M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$378.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$182.40M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$141.90M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$33.80M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$40.50M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$83.20M	USD	Point-in-time
OTHER NONCURRENT LIABILITIES	`OtherLiabilitiesNoncurrent`	$91.50M	USD	Point-in-time
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$631.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$646.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$665.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$741.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-183.60M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.07B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.86B	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$487.80M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.48B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$455.00M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$821.90M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$269.90M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$261.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$767.50M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$217.90M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$567.80M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$194.00M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$655.70M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$403.50M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$372.60M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$135.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$128.40M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$4.40M	USD	3 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$18.20M	USD	3 Qtrs
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$1.70M	USD	1 Quarter
Restructuring	`RestructuringSettlementAndImpairmentProvisions`	$900.00K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$64.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$247.80M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$177.00M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$80.40M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$300.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$200.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.40M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-200.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$100.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$200.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-1.20M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.90M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-1.60M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-4.90M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.50M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$242.90M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.80M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.10M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$47.50M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.00M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$182.90M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.40M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$58.70M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$125.60M	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$3.72	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.38	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareBasic`	$5.46	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareBasic`	$1.76	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.80M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.70M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.50M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	33.40M	shares	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$5.43	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$3.70	USD	3 Qtrs
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
NET INCOME PER SHARE	`EarningsPerShareDiluted`	$1.75	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.70M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	3 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.50M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.75	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.86	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareCashPaid`	$0.26	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$182.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$125.60M	USD	3 Qtrs
Depreciation	`Depreciation`	$23.50M	USD	3 Qtrs
Depreciation	`Depreciation`	$21.50M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.20M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$10.50M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$3.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$9.10M	USD	3 Qtrs
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-1.10M	USD	3 Qtrs
Loss on disposal and impairment of property, plant and equipment and other	`GainLossOnDisposalAndImpairmentOfGoodwillPropertyPlantAndEquipment`	$-1.40M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.20M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$16.80M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$5.90M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxNoncashExpenseBenefit`	$8.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.60M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$93.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$73.60M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.80M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.10M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-7.20M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$110.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$134.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$86.30M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.60M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.10M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.20M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.60M	USD	3 Qtrs
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$900.00K	USD	3 Qtrs
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.70M	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$85.00M	USD	3 Qtrs
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$35.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$80.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$45.00M	USD	3 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.60M	USD	3 Qtrs
Payments for withholding taxes on vested awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$1.40M	USD	3 Qtrs
Payments for finance leases and other	`FinanceLeasePrincipalPaymentsAndOther`	$1.00M	USD	3 Qtrs
Proceeds from share transactions under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$200.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.40M	USD	3 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$65.10M	USD	3 Qtrs
Payments to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$11.80M	USD	3 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$25.50M	USD	3 Qtrs
Dividends	`PaymentsOfOrdinaryDividends`	$29.40M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-95.30M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-68.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.10M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.80M	USD	3 Qtrs
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.80M	USD	3 Qtrs
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.50M	USD	3 Qtrs
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`	$238.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.50M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.00M	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`	$238.70M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.50M	USD	Point-in-time
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$500.00K	USD	3 Qtrs
Issuance of stock under management stock purchase plan	`NoncashInvestingAndFinancingStockIssuedNetOfWithholding`	$300.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$4.10M	USD	3 Qtrs
Interest	`InterestPaidNet`	$5.20M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$67.80M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$46.00M	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$1.21B	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`	$1.12B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.15B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.07B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.19B	USD	Point-in-time
Net income	`NetIncomeLoss`	$58.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$125.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$182.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$46.40M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.40M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.90M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-56.30M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.10M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$108.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$126.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.30M	USD	1 Quarter
Shares of Class A common stock issued upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.20M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.80M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.90M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$11.80M	USD	3 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$65.10M	USD	3 Qtrs
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.00M	USD	1 Quarter
Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.90M	USD	1 Quarter
Net change in restricted and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$400.00K	USD	1 Quarter
Net change in restricted and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$100.00K	USD	1 Quarter
Net change in restricted and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$11.00M	USD	3 Qtrs
Net change in restricted and performance stock units	`IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures`	$7.70M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$29.40M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$8.80M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$10.10M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$25.50M	USD	3 Qtrs
Balance at the end of the period	`StockholdersEquity`	$1.21B	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`	$1.12B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.15B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.07B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.19B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$182.90M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.40M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$58.70M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$125.60M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-63.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.70M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-30.40M	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$2.00M	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$-400.00K	USD	3 Qtrs
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$500.00K	USD	1 Quarter
Cash flow hedges	`DerivativeGainLossOnDerivativeNet`	$7.10M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.90M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-56.30M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.10M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$108.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$126.60M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.30M	USD	1 Quarter

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