10-Q Filing

PC CONNECTION INC CIK: 1050377 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-017247`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	cnxn-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 54 Cash Flow Statement 59 Stockholders Equity 32 Comprehensive Income 12

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$240.51M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$48.89M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$587.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$610.28M	USD	Point-in-time
Inventories, net	`InventoryNet`	$208.68M	USD	Point-in-time
Inventories, net	`InventoryNet`	$142.24M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$7.39M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.04B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$953.79M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$59.17M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.93M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.56M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.49M	USD	Point-in-time
Goodwill	`Goodwill`	$73.60M	USD	Point-in-time
Goodwill	`Goodwill`	$73.60M	USD	Point-in-time
Intangible, net	`IntangibleAssetsNetExcludingGoodwill`	$4.65M	USD	Point-in-time
Intangible, net	`IntangibleAssetsNetExcludingGoodwill`	$3.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$821.00K	USD	Point-in-time
Total Assets	`Assets`	$1.13B	USD	Point-in-time
Total Assets	`Assets`	$1.18B	USD	Point-in-time
Total Assets	`Assets`	$1.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$264.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.64M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$24.07M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$26.36M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$49.10M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$53.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$310.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$339.96M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$17.97M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.01M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.99M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.64M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$5.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$170.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$654.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$362.27M	USD	Point-in-time
Total Liabilities	`Liabilities`	$333.65M	USD	Point-in-time
Common stock	`CommonStockValue`	$291.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$292.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$130.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$125.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$686.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$739.22M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$154.00K	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockCommonValue`	$45.94M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockCommonValue`	$51.38M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$794.12M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$819.16M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$766.17M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$682.47M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$732.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$756.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.18B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.15B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.39B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$693.09M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$775.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$561.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.99B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.77B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$639.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$381.96M	USD	3 Qtrs
Gross profit	`GrossProfit`	$131.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$136.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$401.83M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$99.82M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$304.06M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$104.89M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$305.19M	USD	3 Qtrs
Restructuring and other charges	`RestructuringAndOtherCharges`	$44.00K	USD	1 Quarter
Restructuring and other charges	`RestructuringAndOtherCharges`	$2.69M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$32.02M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$31.74M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$96.64M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$75.21M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$5.85M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$319.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.69M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$308.00K	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$81.06M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$96.96M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.71M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.05M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$26.57M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$8.84M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$9.11M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$21.57M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$25.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$70.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$23.21M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.26	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$2.68	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.88	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.97	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.25	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.66	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.28M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.28M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.27M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.41M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.43M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.43M	shares	3 Qtrs

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$70.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$59.49M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.02M	USD	1 Quarter
Adjustments to credit losses reserve	`ProvisionForDoubtfulAccounts`	$2.66M	USD	3 Qtrs
Adjustments to credit losses reserve	`ProvisionForDoubtfulAccounts`	$1.81M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.07M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.42M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-563.00K	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-16.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$41.78M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.87M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.76M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-66.44M	USD	3 Qtrs
Prepaid expenses, income tax receivable, and other current assets	`IncreaseDecreaseInPrepaidExpenseIncomeTaxReceivablesAndOtherCurrentAssets`	$9.56M	USD	3 Qtrs
Prepaid expenses, income tax receivable, and other current assets	`IncreaseDecreaseInPrepaidExpenseIncomeTaxReceivablesAndOtherCurrentAssets`	$79.00K	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-5.00K	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-234.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.65M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.27M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.43M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-720.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.69M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$185.66M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$48.70M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.97M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.36M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.05M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.97M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$70.88M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$36.46M	USD	3 Qtrs
Repayment of short-term borrowings	`RepaymentsOfLinesOfCredit`	$36.46M	USD	3 Qtrs
Repayment of short-term borrowings	`RepaymentsOfLinesOfCredit`	$70.88M	USD	3 Qtrs
Purchase of common stock for treasury shares	`PaymentsForRepurchaseOfCommonStock`	$5.39M	USD	3 Qtrs
Dividend payments	`PaymentsOfDividends`	$6.31M	USD	3 Qtrs
Issuance of stock under Employee Stock Purchase Plan	`AdjustmentsToEmployeeStockPurchasePlan`	$537.00K	USD	3 Qtrs
Payments of payroll taxes on stock-based compensation through shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$870.00K	USD	3 Qtrs
Payments of payroll taxes on stock-based compensation through shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$834.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.03M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-834.00K	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.88M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$117.58M	USD	3 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.93M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$116.19M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.31M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.51M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$116.19M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$240.51M	USD	Point-in-time
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$362.00K	USD	3 Qtrs
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$408.00K	USD	3 Qtrs
Accrued excise tax on treasury purchases	`AccruedExciseTaxOnTreasuryPurchases`	$54.00K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$30.76M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$34.25M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$4.00K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$19.00K	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Dividend declaration	`CommonStockDividendsPerShareDeclared`	$0.08	USD	3 Qtrs
Dividend declaration	`CommonStockDividendsPerShareDeclared`	$0.08	USD	1 Quarter
Balance	`StockholdersEquity`	$794.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$819.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$766.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$732.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$756.11M	USD	Point-in-time
Issuance of common stock under Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$537.00K	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.28M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.07M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.42M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.79M	USD	1 Quarter
Shares withheld for taxes paid on stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$399.00K	USD	1 Quarter
Shares withheld for taxes paid on stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$870.00K	USD	3 Qtrs
Shares withheld for taxes paid on stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$380.00K	USD	1 Quarter
Shares withheld for taxes paid on stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$834.00K	USD	3 Qtrs
Repurchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$5.45M	USD	3 Qtrs
Dividend declaration	`DividendsCommonStockCash`	$6.31M	USD	3 Qtrs
Dividend declaration	`DividendsCommonStockCash`	$2.10M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$25.60M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.49M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$70.40M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$23.21M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$154.00K	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$154.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$794.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$819.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$766.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$682.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$732.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$756.11M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains on available-for-sale investments, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$41.00K	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$25.60M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$59.49M	USD	3 Qtrs
Unrealized gains on available-for-sale investments, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$41.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$70.40M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$23.21M	USD	1 Quarter
Unrealized gains on available-for-sale investments, net of tax of $(41)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$154.00K	USD	1 Quarter
Unrealized gains on available-for-sale investments, net of tax of $(41)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$154.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.21M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$70.40M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$59.65M	USD	3 Qtrs

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