10-Q Filing

CONSTRUCTION PARTNERS, INC. CIK: 1718227 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001718227-22-000037`
Period End Date	20211231
Filing Date	20220204
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	road-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 38 Cash Flow Statement 76 Stockholders Equity 16

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.56M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term restricted cash	`RestrictedCashCurrent`	$6.57M	USD	Point-in-time
Contracts receivable including retainage, net	`ReceivablesLongTermContractsOrPrograms`	$164.46M	USD	Point-in-time
Contracts receivable including retainage, net	`ReceivablesLongTermContractsOrPrograms`	$158.17M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$21.96M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$23.02M	USD	Point-in-time
Inventories	`InventoryNet`	$53.79M	USD	Point-in-time
Inventories	`InventoryNet`	$57.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$298.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$300.03M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$428.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$404.83M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.54M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$11.00M	USD	Point-in-time
Goodwill	`Goodwill`	$85.42M	USD	Point-in-time
Goodwill	`Goodwill`	$120.99M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.08M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.16M	USD	Point-in-time
Investment in joint venture	`EquityMethodInvestments`	$108.00K	USD	Point-in-time
Investment in joint venture	`EquityMethodInvestments`	$108.00K	USD	Point-in-time
Long-term restricted cash	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Long-term restricted cash	`RestrictedCashNoncurrent`	$1.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.53M	USD	Point-in-time
Total assets	`Assets`	$872.58M	USD	Point-in-time
Total assets	`Assets`	$806.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.39M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`ContractWithCustomerLiabilityCurrent`	$38.75M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`ContractWithCustomerLiabilityCurrent`	$33.72M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.91M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.40M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$26.46M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$13.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$142.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.96M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs	`LongTermDebtNoncurrent`	$206.18M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs	`LongTermDebtNoncurrent`	$273.73M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$5.30M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$9.29M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$17.57M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$17.36M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.92M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.98M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$239.76M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$312.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$455.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$397.72M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001; 10,000,000 shares authorized at December 31, 2021 and September 30, 2021 and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001; 10,000,000 shares authorized at December 31, 2021 and September 30, 2021 and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$248.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$250.07M	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.42M	USD	Point-in-time
Accumulated other comprehensive income (loss), net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$181.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$175.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$408.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$385.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$417.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$393.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$806.62M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$872.58M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$284.96M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.93M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$160.34M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$252.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.96M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$20.08M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$24.95M	USD	1 Quarter
Gain on sale of equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$441.00K	USD	1 Quarter
Gain on sale of equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$333.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.46M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.84M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-468.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.26M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$165.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$116.00K	USD	1 Quarter
Income before provision for income taxes and earnings from investment in joint venture	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.31M	USD	1 Quarter
Income before provision for income taxes and earnings from investment in joint venture	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.54M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.68M	USD	1 Quarter
Earnings from investment in joint venture	`IncomeLossFromEquityMethodInvestments`	$11.00K	USD	1 Quarter
Earnings from investment in joint venture	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.87M	USD	1 Quarter
Unrealized gain on interest rate swap contract, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.45M	USD	1 Quarter
Unrealized gain on interest rate swap contract, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.45M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.96M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.98M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.87M	USD	1 Quarter
Depreciation, depletion, accretion and amortization of long-lived assets	`DepreciationDepletionAndAmortization`	$15.90M	USD	1 Quarter
Depreciation, depletion, accretion and amortization of long-lived assets	`DepreciationDepletionAndAmortization`	$11.09M	USD	1 Quarter
Amortization of deferred debt issuance costs and debt discount	`AmortizationOfFinancingCosts`	$64.00K	USD	1 Quarter
Amortization of deferred debt issuance costs and debt discount	`AmortizationOfFinancingCosts`	$57.00K	USD	1 Quarter
Unrealized gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$1.17M	USD	1 Quarter
Unrealized gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$136.00K	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$113.00K	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$175.00K	USD	1 Quarter
Gain on sale of equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$441.00K	USD	1 Quarter
Gain on sale of equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$333.00K	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$395.00K	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$1.50M	USD	1 Quarter
Earnings from investment in joint venture	`IncomeLossFromEquityMethodInvestments`	$11.00K	USD	1 Quarter
Earnings from investment in joint venture	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Distribution of earnings from investment in joint venture	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	1 Quarter
Distribution of earnings from investment in joint venture	`EquityMethodInvestmentDividendsOrDistributions`	$100.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-295.00K	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$21.00K	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-33.00K	USD	1 Quarter
Contracts receivable including retainage, net	`IncreaseDecreaseInDepositOtherAssets`	$-18.54M	USD	1 Quarter
Contracts receivable including retainage, net	`IncreaseDecreaseInDepositOtherAssets`	$-776.00K	USD	1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.19M	USD	1 Quarter
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerAsset`	$4.28M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-928.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.53M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.51M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.12M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$946.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$569.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.26M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.43M	USD	1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$4.62M	USD	1 Quarter
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.77M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-13.82M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-9.43M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-130.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.46M	USD	1 Quarter
Net cash (used in) provided by operating activities, net of acquisition	`NetCashProvidedByUsedInOperatingActivities`	$-577.00K	USD	1 Quarter
Net cash (used in) provided by operating activities, net of acquisition	`NetCashProvidedByUsedInOperatingActivities`	$709.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.46M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.11M	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$492.00K	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$733.00K	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$84.09M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.90M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-94.06M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.27M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$70.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$3.25M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$39.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$67.46M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.25M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.39M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-96.60M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.86M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.61M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$672.00K	USD	1 Quarter
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$748.00K	USD	1 Quarter
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$565.00K	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$282.00K	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.99M	USD	1 Quarter
Property, plant and equipment financed with accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.55M	USD	1 Quarter
Property, plant and equipment financed with accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$6.26M	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$408.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$385.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$417.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$393.46M	USD	Point-in-time
Net income	`NetIncomeLoss`	$5.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.87M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.50M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$395.00K	USD	1 Quarter
Purchase of treasury stock	`StockRepurchasedDuringPeriodValue`	$39.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.45M	USD	1 Quarter
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Ending balance	`StockholdersEquity`	$408.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$385.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$417.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$393.46M	USD	Point-in-time

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