10-Q Filing

GROCERY OUTLET HOLDING CORP. CIK: 1771515 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001771515-20-000011`
Period End Date	20200331
Filing Date	20200512
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	go-20200328_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 38 Cash Flow Statement 72 Stockholders Equity 18

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts and financing receivable, allowance for credit loss, current	`AccountsAndFinancingReceivableAllowanceForCreditLossCurrent`	$1.28M	USD	Point-in-time
Accounts and financing receivable, allowance for credit loss, current	`AccountsAndFinancingReceivableAllowanceForCreditLossCurrent`	$1.38M	USD	Point-in-time
Allowance for doubtful other receivables, current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$22.00K	USD	Point-in-time
Allowance for doubtful other receivables, current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$19.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.10M	USD	Point-in-time
Financing receivable, allowance for credit loss, noncurrent	`AllowanceForNotesAndLoansReceivableNoncurrent`	$9.09M	USD	Point-in-time
Financing receivable, allowance for credit loss, noncurrent	`AllowanceForNotesAndLoansReceivableNoncurrent`	$9.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.94M	USD	Point-in-time
Common stock, par (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Independent operator receivables and current portion of independent operator notes, net of allowance $1,377 and $1,283	`AccountsNotesAndLoansReceivableNetCurrent`	$7.74M	USD	Point-in-time
Independent operator receivables and current portion of independent operator notes, net of allowance $1,377 and $1,283	`AccountsNotesAndLoansReceivableNetCurrent`	$7.00M	USD	Point-in-time
Common stock, par (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other accounts receivable, net of allowance $22 and $19	`OtherReceivablesNetCurrent`	$2.85M	USD	Point-in-time
Other accounts receivable, net of allowance $22 and $19	`OtherReceivablesNetCurrent`	$3.47M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	89.91M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	89.01M	shares	Point-in-time
Merchandise inventories	`InventoryFinishedGoodsNetOfReserves`	$219.42M	USD	Point-in-time
Merchandise inventories	`InventoryFinishedGoodsNetOfReserves`	$188.35M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.61M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	89.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.45M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	89.01M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$270.83M	USD	Point-in-time
Preferred stock, par (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$373.09M	USD	Point-in-time
Preferred stock, par (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Independent operator notes, net of allowance $9,215 and $9,088	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$20.33M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Independent operator notes, net of allowance $9,215 and $9,088	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$22.14M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$366.43M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$356.61M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$754.44M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$734.33M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$47.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$47.79M	USD	Point-in-time
Goodwill	`Goodwill`	$747.94M	USD	Point-in-time
Goodwill	`Goodwill`	$747.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.70M	USD	Point-in-time
Total assets	`Assets`	$2.32B	USD	Point-in-time
Total assets	`Assets`	$2.19B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$101.07M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$119.22M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.88M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$31.36M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$14.72M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$14.91M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$246.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$179.00K	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$41.28M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$38.24M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$4.64M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$5.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$192.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$208.63M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$537.49M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$447.74M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$14.22M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.02M	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$767.75M	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$790.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.44B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - par value $0.001, voting and nonvoting common stock	`CommonStockValue`	$90.00K	USD	Point-in-time
Common stock - par value $0.001, voting and nonvoting common stock	`CommonStockValue`	$89.00K	USD	Point-in-time
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$717.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$743.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$41.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$745.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$784.63M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$303.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$299.95M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.19B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.32B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$606.27M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$760.31M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$419.25M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$523.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$237.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$187.02M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$186.93M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$152.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.30M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$20.28M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$211.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$165.36M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$220.15M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$21.66M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.87M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.83M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-16.44M	USD	1 Quarter
Debt extinguishment and modification costs	`WriteOffOfDebtIssuanceCostsAndDebtDiscounts`	$198.00K	USD	1 Quarter
Debt extinguishment and modification costs	`WriteOffOfDebtIssuanceCostsAndDebtDiscounts`	-	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-16.44M	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-6.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.22M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.84M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.44M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$12.64M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.77M	USD	1 Quarter
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.51M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	89.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.55M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$12.64M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.77M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$11.79M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$10.29M	USD	1 Quarter
Amortization of intangible and other assets	`AmortizationOfIntangiblesAndOtherAssets`	$2.56M	USD	1 Quarter
Amortization of intangible and other assets	`AmortizationOfIntangiblesAndOtherAssets`	$1.78M	USD	1 Quarter
Amortization of debt issuance costs and bond discounts	`AmortizationOfFinancingCostsAndDiscounts`	$502.00K	USD	1 Quarter
Amortization of debt issuance costs and bond discounts	`AmortizationOfFinancingCostsAndDiscounts`	$762.00K	USD	1 Quarter
Debt extinguishment and modification costs	`WriteOffOfDebtIssuanceCostsAndDebtDiscounts`	$198.00K	USD	1 Quarter
Debt extinguishment and modification costs	`WriteOffOfDebtIssuanceCostsAndDebtDiscounts`	-	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-182.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-1.05M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$20.28M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$211.00K	USD	1 Quarter
Provision for accounts receivable	`ProvisionForDoubtfulAccounts`	$1.48M	USD	1 Quarter
Provision for accounts receivable	`ProvisionForDoubtfulAccounts`	$848.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.44M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.80M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Independent operator and other accounts receivable	`IncreaseDecreaseInReceivables`	$29.00K	USD	1 Quarter
Independent operator and other accounts receivable	`IncreaseDecreaseInReceivables`	$3.22M	USD	1 Quarter
Merchandise inventories	`IncreaseDecreaseInInventories`	$-31.07M	USD	1 Quarter
Merchandise inventories	`IncreaseDecreaseInInventories`	$14.22M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-988.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-847.00K	USD	1 Quarter
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$722.00K	USD	1 Quarter
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-439.00K	USD	1 Quarter
Trade accounts payable, accrued compensation and other accrued expenses	`IncreaseDecreaseInAccountsPayableTrade`	$13.76M	USD	1 Quarter
Trade accounts payable, accrued compensation and other accrued expenses	`IncreaseDecreaseInAccountsPayableTrade`	$-14.41M	USD	1 Quarter
Changes in operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.48M	USD	1 Quarter
Changes in operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-5.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.82M	USD	1 Quarter
Cash advances to independent operators	`PaymentsForAdvancesToIndependentOperators`	$2.17M	USD	1 Quarter
Cash advances to independent operators	`PaymentsForAdvancesToIndependentOperators`	$1.49M	USD	1 Quarter
Repayments of cash advances from independent operators	`RepaymentsFromAdvancesToIndependentOperators`	$893.00K	USD	1 Quarter
Repayments of cash advances from independent operators	`RepaymentsFromAdvancesToIndependentOperators`	$1.14M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.40M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.17M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$401.00K	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$79.00K	USD	1 Quarter
Intangible assets and licenses	`PaymentsToAcquireIntangibleAssets`	$1.35M	USD	1 Quarter
Intangible assets and licenses	`PaymentsToAcquireIntangibleAssets`	$721.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.79M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.00M	USD	1 Quarter
Proceeds from exercise of share-based compensation awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	1 Quarter
Proceeds from exercise of share-based compensation awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.03M	USD	1 Quarter
Proceeds from loans	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$90.00M	USD	1 Quarter
Proceeds from loans	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	1 Quarter
Other direct costs paid related to the initial public offering	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Other direct costs paid related to the initial public offering	`RepaymentsOfNotesPayable`	$1.44M	USD	1 Quarter
Principal payments on term loans	`RepaymentsOfSeniorDebt`	$1.81M	USD	1 Quarter
Principal payments on term loans	`RepaymentsOfSeniorDebt`	$187.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfOtherDebt`	$201.00K	USD	1 Quarter
Principal payments on other borrowings	`RepaymentsOfOtherDebt`	$191.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$147.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$254.00K	USD	1 Quarter
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	$700.00K	USD	1 Quarter
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.71M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$94.81M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.47M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$132.84M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.10M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$745.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$784.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$303.85M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$299.95M	USD	Point-in-time
Exercise and vest of share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$6.03M	USD	1 Quarter
Exercise and vest of share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$211.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.28M	USD	1 Quarter
Dividends paid	`Dividends`	$147.00K	USD	1 Quarter
Dividends paid	`Dividends`	$254.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$12.64M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.77M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$745.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$784.63M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$303.85M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$299.95M	USD	Point-in-time

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