2020 Q2 Form 10-Q Financial Statement

#000000349920000022 Filed on August 03, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $45.48M $55.93M $56.78M
YoY Change -18.69% -3.98% -1.9%
Cost Of Revenue $21.00M $22.10M $22.30M
YoY Change -4.98% 0.0% -2.62%
Gross Profit $24.50M $33.90M $34.50M
YoY Change -27.73% -6.09% -1.43%
Gross Profit Margin 53.87% 60.61% 60.76%
Selling, General & Admin $900.0K $1.500M $800.0K
YoY Change -40.0% 36.36% 14.29%
% of Gross Profit 3.67% 4.42% 2.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.600M $9.200M $9.118M
YoY Change -6.52% -8.91% -4.98%
% of Gross Profit 35.1% 27.14% 26.43%
Operating Expenses $29.52M $31.43M $30.92M
YoY Change -6.07% -1.48% -2.83%
Operating Profit -$5.022M $2.471M $3.578M
YoY Change -303.24% -90.62% -86.27%
Interest Expense -$3.600M -$13.20M -$8.000M
YoY Change -72.73% 50.0% -33.33%
% of Operating Profit -534.2% -223.59%
Other Income/Expense, Net
YoY Change
Pretax Income $12.30M $11.30M $17.90M
YoY Change 8.85% -35.69% 26.97%
Income Tax
% Of Pretax Income
Net Earnings $12.33M $11.28M $17.87M
YoY Change 9.29% -35.78% -284.18%
Net Earnings / Revenue 27.11% 20.17% 31.46%
Basic Earnings Per Share $2.41 $2.20 $3.49
Diluted Earnings Per Share $2.41 $2.20 $3.49
COMMON SHARES
Basic Shares Outstanding 5.121M shares 5.107M shares 5.107M shares
Diluted Shares Outstanding 5.121M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $447.0M $301.9M $326.1M
YoY Change 48.07% -6.9% -6.55%
Cash & Equivalents $441.9M $283.9M $302.9M
Short-Term Investments $5.065M $17.93M $23.20M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $7.700M $4.700M $5.200M
Other Receivables $157.6M $167.5M $168.1M
Total Short-Term Assets $607.2M $456.1M $476.2M
YoY Change 33.13% -2.85% -3.84%
LONG-TERM ASSETS
Property, Plant & Equipment $716.6M $728.2M $732.1M
YoY Change -1.59% -1.74% -2.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.100M $17.90M $23.20M
YoY Change -71.51% -92.13% -89.82%
Other Assets $50.40M $46.60M $50.10M
YoY Change 8.15% -5.86% -61.99%
Total Long-Term Assets $777.0M $820.4M $819.5M
YoY Change -5.29% -22.22% -26.96%
TOTAL ASSETS
Total Short-Term Assets $607.2M $456.1M $476.2M
Total Long-Term Assets $777.0M $820.4M $819.5M
Total Assets $1.384B $1.276B $1.296B
YoY Change 8.44% -16.26% -19.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.80M $27.90M $38.90M
YoY Change 13.98% -33.41% 2.37%
Accrued Expenses $5.100M $5.300M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $32.80M $36.40M $45.60M
YoY Change -9.89% -13.95% 17.83%
LONG-TERM LIABILITIES
Long-Term Debt $1.119B $968.4M $967.1M
YoY Change 15.53% -16.7% -22.05%
Other Long-Term Liabilities $7.500M $3.000M $3.000M
YoY Change 150.0% -77.1% -88.76%
Total Long-Term Liabilities $1.126B $971.4M $970.1M
YoY Change 15.95% -17.38% -23.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.80M $36.40M $45.60M
Total Long-Term Liabilities $1.126B $971.4M $970.1M
Total Liabilities $1.159B $1.008B $1.016B
YoY Change 15.01% -17.26% -22.22%
SHAREHOLDERS EQUITY
Retained Earnings $187.2M $231.5M $243.3M
YoY Change -19.14% -14.1% -11.53%
Common Stock $5.173M $5.173M $5.173M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $368.0K $368.0K $368.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 66.16K shares 66.16K shares 66.16K shares
Shareholders Equity $225.0M $268.6M $279.9M
YoY Change
Total Liabilities & Shareholders Equity $1.384B $1.276B $1.296B
YoY Change 8.44% -16.26% -19.88%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $12.33M $11.28M $17.87M
YoY Change 9.29% -35.78% -284.18%
Depreciation, Depletion And Amortization $8.600M $9.200M $9.118M
YoY Change -6.52% -8.91% -4.98%
Cash From Operating Activities $27.80M $2.700M $48.08M
YoY Change 929.63% -181.82% 30.66%
INVESTING ACTIVITIES
Capital Expenditures -$6.000M -$3.100M -$1.800M
YoY Change 93.55% 158.33% 200.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$6.000M -$3.100M -$1.816M
YoY Change 93.55% 675.0% -1916.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -23.10M -23.10M -$23.03M
YoY Change 0.0% -77.44% -4.05%
NET CHANGE
Cash From Operating Activities 27.80M 2.700M $48.08M
Cash From Investing Activities -6.000M -3.100M -$1.816M
Cash From Financing Activities -23.10M -23.10M -$23.03M
Net Change In Cash -1.300M -23.50M $23.24M
YoY Change -94.47% -77.85% 80.15%
FREE CASH FLOW
Cash From Operating Activities $27.80M $2.700M $48.08M
Capital Expenditures -$6.000M -$3.100M -$1.800M
Free Cash Flow $33.80M $5.800M $49.88M
YoY Change 482.76% -376.19% 33.38%

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CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
224971000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
285092000 USD
us-gaap Net Income Loss
NetIncomeLoss
29148000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
46056000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
32000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
394000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
268610000 USD
us-gaap Net Income Loss
NetIncomeLoss
16903000 USD
us-gaap Net Income Loss
NetIncomeLoss
29148000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17792000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18278000 USD
us-gaap Straight Line Rent
StraightLineRent
-8820000 USD
us-gaap Straight Line Rent
StraightLineRent
-1313000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1022000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
394000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-9558000 USD
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-5240000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
214000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2646000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
652000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1687000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2054000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-692000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
2679000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
241000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3246000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-315000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-302000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50798000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46068000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
46056000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
99000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
52756000 USD
alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
13009000 USD
alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
4901000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13009000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4901000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
14000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
145708000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
99541000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46070000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
139288000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-173000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313977000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
453265000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289322000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
298063000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
283056000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15914000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6439000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313977000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
441905000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
283948000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11360000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5374000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
453265000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289322000 USD
us-gaap Interest Paid Net
InterestPaidNet
13510000 USD
us-gaap Interest Paid Net
InterestPaidNet
18107000 USD
alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
3289000 USD
alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
791000 USD
alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
367000 USD
alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5428000 USD
alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress
0 USD
alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress
1466000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div style="line-height:120%;font-size:10pt;text-indent:-48px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO). We have </span><span style="font-family:inherit;font-size:10pt;"><span>seven</span></span><span style="font-family:inherit;font-size:10pt;"> properties in the greater New York City metropolitan area.</span></div>
CY2020Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
7 property
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="line-height:120%;font-size:10pt;text-indent:-24px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements are unaudited and include the accounts of Alexander’s and its consolidated subsidiaries. All intercompany amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission (the “SEC”) and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC.</span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">3.</span></div></td><td style="vertical-align:top;padding-left:24px;"><div style="line-height:120%;font-size:10pt;text-indent:-24px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation - continued</span></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have made estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the operating results for the full year.</span></div><span style="font-family:inherit;font-size:10pt;">We operate in </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> reportable segment.</span>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
44099000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
53834000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
96085000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
108330000 USD
CY2020Q2 us-gaap Revenues
Revenues
45478000 USD
CY2019Q2 us-gaap Revenues
Revenues
55932000 USD
us-gaap Revenues
Revenues
99588000 USD
us-gaap Revenues
Revenues
112710000 USD
CY2020Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
33590000 USD
CY2019Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
35903000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
67739000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
71632000 USD
CY2020Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
10509000 USD
CY2019Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
17931000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
28346000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
36698000 USD
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
44099000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
53834000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
96085000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
108330000 USD
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
5065000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
14409000 USD
CY2018Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
23797000 USD
CY2018Q2 alx Additional Real Estate Transfer Tax
AdditionalRealEstateTransferTax
15874000 USD
CY2018Q2 alx Real Estate Tax Expense Interest
RealEstateTaxExpenseInterest
7923000 USD
CY2020Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1030000 USD
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
12331000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
11283000 USD
us-gaap Net Income Loss
NetIncomeLoss
16903000 USD
us-gaap Net Income Loss
NetIncomeLoss
29148000 USD
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5120548 shares
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5118030 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5119623 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5117690 shares
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.41
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
3.30
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
5.70

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