10-Q Filing

GROCERY OUTLET HOLDING CORP. CIK: 1771515 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001771515-23-000048`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	go-20230401_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 32 Cash Flow Statement 74 Stockholders Equity 23

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts and financing receivable, allowance for credit loss, current	`AccountsAndFinancingReceivableAllowanceForCreditLossCurrent`	$2.24M	USD	Point-in-time
Accounts and financing receivable, allowance for credit loss, current	`AccountsAndFinancingReceivableAllowanceForCreditLossCurrent`	$5.27M	USD	Point-in-time
Allowance for doubtful other receivables, current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$28.00K	USD	Point-in-time
Allowance for doubtful other receivables, current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$7.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.73M	USD	Point-in-time
Accounts and financing receivable, allowance for credit loss, noncurrent	`AccountsAndFinancingReceivableAllowanceForCreditLossNoncurrent`	$12.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.11M	USD	Point-in-time
Accounts and financing receivable, allowance for credit loss, noncurrent	`AccountsAndFinancingReceivableAllowanceForCreditLossNoncurrent`	$10.68M	USD	Point-in-time
Independent operator receivables and current portion of independent operator notes, net of allowance $5,273 and $2,238	`AccountsNotesAndLoansReceivableNetCurrent`	$10.80M	USD	Point-in-time
Common stock, par (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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 $5,273 and $2,238	`AccountsNotesAndLoansReceivableNetCurrent`	$8.69M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other accounts receivable, net of allowance $28 and $7	`OtherReceivablesNetCurrent`	$4.37M	USD	Point-in-time
Other accounts receivable, net of allowance $28 and $7	`OtherReceivablesNetCurrent`	$4.28M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	97.67M	shares	Point-in-time
Merchandise inventories	`InventoryFinishedGoodsNetOfReserves`	$316.40M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	98.29M	shares	Point-in-time
Merchandise inventories	`InventoryFinishedGoodsNetOfReserves`	$334.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.72M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.14M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	98.29M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	97.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$427.21M	USD	Point-in-time
Preferred stock, par (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$467.36M	USD	Point-in-time
Independent operator notes and receivables, net of allowance $10,684 and $12,509	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$22.54M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Independent operator notes and receivables, net of allowance $10,684 and $12,509	`LongTermAccountsNotesAndLoansReceivableNetNoncurrent`	$24.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$560.75M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$574.23M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$917.17M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$902.16M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$68.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.99M	USD	Point-in-time
Goodwill	`Goodwill`	$747.94M	USD	Point-in-time
Goodwill	`Goodwill`	$747.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.67M	USD	Point-in-time
Total assets	`Assets`	$2.77B	USD	Point-in-time
Total assets	`Assets`	$2.77B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$158.62M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$137.63M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$55.59M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$53.21M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$27.19M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$13.25M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$5.62M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$58.75M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$54.59M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$9.11M	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$7.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$300.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$280.51M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$317.44M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$379.65M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$25.91M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$19.78M	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$996.43M	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$980.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.43M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.66B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 98,285,804 and 97,674,356 shares issued and outstanding, respectively	`CommonStockValue`	$98.00K	USD	Point-in-time
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 98,285,804 and 97,674,356 shares issued and outstanding, respectively	`CommonStockValue`	$98.00K	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`	$847.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$851.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$262.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$276.25M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.77B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.77B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$965.47M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$831.43M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$580.54M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$664.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$300.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$250.89M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$231.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$267.73M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$32.82M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.43M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.92M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.68M	USD	1 Quarter
Loss on debt extinguishment and modification	`GainLossOnExtinguishmentAndModificationOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment and modification	`GainLossOnExtinguishmentAndModificationOfDebt`	$-5.34M	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-3.68M	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-11.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.17M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$13.72M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$11.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.72M	USD	1 Quarter
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.92M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.15M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.43M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.57M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$13.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.57M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$17.12M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$18.31M	USD	1 Quarter
Amortization of intangible and other assets	`AmortizationOfIntangiblesAndOtherAssets`	$2.37M	USD	1 Quarter
Amortization of intangible and other assets	`AmortizationOfIntangiblesAndOtherAssets`	$1.87M	USD	1 Quarter
Amortization of debt issuance costs and debt discounts	`AmortizationOfFinancingCostsAndDiscounts`	$628.00K	USD	1 Quarter
Amortization of debt issuance costs and debt discounts	`AmortizationOfFinancingCostsAndDiscounts`	$401.00K	USD	1 Quarter
Non-cash rent	`NonCashOperatingLeaseExpense`	$1.94M	USD	1 Quarter
Non-cash rent	`NonCashOperatingLeaseExpense`	$1.14M	USD	1 Quarter
Loss on debt extinguishment and modification	`GainLossOnExtinguishmentAndModificationOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment and modification	`GainLossOnExtinguishmentAndModificationOfDebt`	$-5.34M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$5.79M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$6.68M	USD	1 Quarter
Provision for accounts receivable reserves	`ProvisionForDoubtfulAccounts`	$1.23M	USD	1 Quarter
Provision for accounts receivable reserves	`ProvisionForDoubtfulAccounts`	$1.37M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.13M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-362.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-105.00K	USD	1 Quarter
Independent operator and other accounts receivable	`IncreaseDecreaseInReceivables`	$2.01M	USD	1 Quarter
Independent operator and other accounts receivable	`IncreaseDecreaseInReceivables`	$1.75M	USD	1 Quarter
Merchandise inventories	`IncreaseDecreaseInInventories`	$-17.92M	USD	1 Quarter
Merchandise inventories	`IncreaseDecreaseInInventories`	$21.89M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$397.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.62M	USD	1 Quarter
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$265.00K	USD	1 Quarter
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$1.22M	USD	1 Quarter
Trade accounts payable, accrued compensation and other liabilities	`IncreaseDecreaseInAccountsPayableTrade`	$9.34M	USD	1 Quarter
Trade accounts payable, accrued compensation and other liabilities	`IncreaseDecreaseInAccountsPayableTrade`	$11.34M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$3.17M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$4.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.33M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.63M	USD	1 Quarter
Advances to independent operators	`PaymentsForAdvancesToIndependentOperators`	$2.40M	USD	1 Quarter
Advances to independent operators	`PaymentsForAdvancesToIndependentOperators`	$1.55M	USD	1 Quarter
Repayments of advances from independent operators	`RepaymentsFromAdvancesToIndependentOperators`	$1.67M	USD	1 Quarter
Repayments of advances from independent operators	`RepaymentsFromAdvancesToIndependentOperators`	$2.01M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.89M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.11M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$20.00K	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$29.00K	USD	1 Quarter
Investments in intangible assets and licenses	`PaymentsToAcquireIntangibleAssets`	$2.71M	USD	1 Quarter
Investments in intangible assets and licenses	`PaymentsToAcquireIntangibleAssets`	$7.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.52M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.35M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$887.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$204.00K	USD	1 Quarter
Proceeds from senior term loan due 2028	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$300.00M	USD	1 Quarter
Proceeds from senior term loan due 2028	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$25.00M	USD	1 Quarter
Principal payments on senior term loan due 2025	`RepaymentsOfSeniorDebt`	$385.00M	USD	1 Quarter
Principal payments on senior term loan due 2025	`RepaymentsOfSeniorDebt`	-	USD	1 Quarter
Principal payments on finance leases	`RepaymentsOfOtherDebt`	$320.00K	USD	1 Quarter
Principal payments on finance leases	`RepaymentsOfOtherDebt`	$325.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.27M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.45M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	-	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$7.00K	USD	1 Quarter
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	$4.51M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.90M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.90M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.09M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.61M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.73M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$140.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$140.09M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	98.29M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	97.67M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Exercise and vesting of share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$887.00K	USD	1 Quarter
Exercise and vesting of share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$204.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.79M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.68M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.27M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.45M	USD	1 Quarter
Dividends paid	`Dividends`	$7.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.57M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.72M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	98.29M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	97.67M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.02B	USD	Point-in-time

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