10-Q Filing

Sprouts Farmers Market, Inc. CIK: 1575515 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-021260`
Period End Date	20200331
Filing Date	20200505
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	sfm-10q_20200329_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 30 Cash Flow Statement 68 Stockholders Equity 18 Comprehensive Income 10

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Undesignated preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Undesignated preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Undesignated preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Undesignated preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$247.10M	USD	Point-in-time
Undesignated preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Undesignated preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$15.71M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$12.41M	USD	Point-in-time
Undesignated preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Undesignated preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$253.19M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$275.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.08M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.83M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$530.78M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.79M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.54M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$387.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.54M	shares	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$741.51M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.79M	shares	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$734.50M	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.02B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.03B	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$185.35M	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$185.40M	USD	Point-in-time
Goodwill	`Goodwill`	$368.08M	USD	Point-in-time
Goodwill	`Goodwill`	$368.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.98M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.73M	USD	Point-in-time
Total assets	`Assets`	$2.72B	USD	Point-in-time
Total assets	`Assets`	$2.86B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$122.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$200.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$153.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$136.48M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$48.58M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$51.56M	USD	Point-in-time
Accrued income tax	`AccruedIncomeTaxesCurrent`	$2.00M	USD	Point-in-time
Accrued income tax	`AccruedIncomeTaxesCurrent`	$30.91M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$109.96M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$106.15M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$833.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$754.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$416.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$547.39M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.07B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.08B	USD	Point-in-time
Long-term debt and finance lease liabilities	`LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent`	$549.42M	USD	Point-in-time
Long-term debt and finance lease liabilities	`LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent`	$462.19M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$45.99M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$41.52M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$54.36M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$54.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.18B	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized, 117,786,608 shares issued and outstanding, March 29, 2020; 117,543,668 shares issued and outstanding, December 29, 2019	`CommonStockValue`	$117.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized, 117,786,608 shares issued and outstanding, March 29, 2020; 117,543,668 shares issued and outstanding, December 29, 2019	`CommonStockValue`	$117.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$670.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$673.37M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.68M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.12M	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-84.45M	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$7.36M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$556.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$581.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$670.72M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.20M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.72B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.86B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.65B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.41B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.05B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$929.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$593.83M	USD	1 Quarter
Gross profit	`GrossProfit`	$484.35M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$374.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$436.30M	USD	1 Quarter
Depreciation and amortization (exclusive of depreciation included in cost of sales)	`DepreciationAndAmortization`	$31.02M	USD	1 Quarter
Depreciation and amortization (exclusive of depreciation included in cost of sales)	`DepreciationAndAmortization`	$29.46M	USD	1 Quarter
Store closure costs and other credits	`IncomeExpenseStoreClosureCostsAndOtherCredits`	$-1.08M	USD	1 Quarter
Store closure costs and other credits	`IncomeExpenseStoreClosureCostsAndOtherCredits`	$508.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$79.56M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$127.59M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.83M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-5.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$74.55M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$18.16M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$30.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$91.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.39M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	117.55M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	123.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	123.93M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.75M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$56.39M	USD	1 Quarter
Net income	`ProfitLoss`	$91.81M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.07M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$31.60M	USD	1 Quarter
Operating lease asset amortization	`OperatingLeaseRightOfUseAssetAmortization`	$23.14M	USD	1 Quarter
Operating lease asset amortization	`OperatingLeaseRightOfUseAssetAmortization`	$20.65M	USD	1 Quarter
Store closure costs and other credits	`StoreClosureCostsAndOtherCredits`	$710.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$2.40M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$2.45M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$232.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.22M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$30.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$768.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.25M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.65M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-22.79M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$744.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.65M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-656.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.09M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$80.67M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.53M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$16.49M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$13.84M	USD	1 Quarter
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$2.98M	USD	1 Quarter
Accrued salaries and benefits	`IncreaseDecreaseInAccruedSalaries`	$-9.63M	USD	1 Quarter
Accrued income tax	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$28.91M	USD	1 Quarter
Accrued income tax	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.51M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-20.63M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-30.11M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.27M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-330.00K	USD	1 Quarter
Cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$277.07M	USD	1 Quarter
Cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$112.61M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.14M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.04M	USD	1 Quarter
Cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.14M	USD	1 Quarter
Cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.04M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$89.73M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$42.73M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$87.00M	USD	1 Quarter
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	$154.00K	USD	1 Quarter
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	$186.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$111.89M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.66M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-319.00K	USD	1 Quarter
Cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-87.15M	USD	1 Quarter
Cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-63.73M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.73M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$161.88M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$248.67M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$86.78M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$20.98M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.25M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$248.67M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$86.78M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$20.98M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.25M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.91M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$5.05M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$-22.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$-58.00K	USD	1 Quarter
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$81.69M	USD	1 Quarter
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$26.29M	USD	1 Quarter
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$14.00M	USD	1 Quarter
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$28.62M	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$556.52M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$581.95M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$670.72M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$589.20M	USD	Point-in-time
Net income	`NetIncomeLoss`	$91.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.39M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-5.44M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.62M	USD	1 Quarter
Issuance of shares under stock plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.67M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$111.89M	USD	1 Quarter
Repurchase and retirement of common stock, Shares	`StockRepurchasedAndRetiredDuringPeriodShares`	4.89M	shares	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.45M	USD	1 Quarter
Impact of adoption of ASC 842 related to leases	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$21.32M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$556.52M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$581.95M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$670.72M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$589.20M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Income tax expenses (Benefit) on cash flow hedging activities	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-905.00K	USD	1 Quarter
Income tax expenses (Benefit) on cash flow hedging activities	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-1.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$91.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.39M	USD	1 Quarter
Unrealized gain/(loss) on cash flow hedging activities, net of income tax of ($1,882) and ($905)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.62M	USD	1 Quarter
Unrealized gain/(loss) on cash flow hedging activities, net of income tax of ($1,882) and ($905)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-5.44M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.44M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$86.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$53.78M	USD	1 Quarter

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