2024 Q3 Form 10-Q Financial Statement

#000095017024090771 Filed on August 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $378.8M $390.1M
YoY Change 5.75% 7.87%
Cost Of Revenue $219.9M $216.3M
YoY Change 7.97% 7.87%
Gross Profit $158.9M $173.8M
YoY Change 2.82% 7.86%
Gross Profit Margin 41.94% 44.55%
Selling, General & Admin $93.55M $97.13M
YoY Change 1.9% 6.02%
% of Gross Profit 58.87% 55.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.14M $47.72M
YoY Change 5.81% 3.74%
% of Gross Profit 30.3% 27.46%
Operating Expenses $141.7M $144.8M
YoY Change 3.2% 5.26%
Operating Profit $77.73M $93.52M
YoY Change 1.88% 12.63%
Interest Expense -$21.22M -$19.37M
YoY Change 21.24% 10.69%
% of Operating Profit -27.3% -20.71%
Other Income/Expense, Net
YoY Change
Pretax Income $56.51M $74.15M
YoY Change -3.94% 13.15%
Income Tax $243.0K $214.0K
% Of Pretax Income 0.43% 0.29%
Net Earnings $56.27M $73.93M
YoY Change -3.84% 13.24%
Net Earnings / Revenue 14.85% 18.95%
Basic Earnings Per Share $0.23 $0.31
Diluted Earnings Per Share $0.23 $0.31
COMMON SHARES
Basic Shares Outstanding 240.7M 242.3M
Diluted Shares Outstanding 240.5M 242.2M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.147M $7.224M
YoY Change -82.64% 12.52%
Cash & Equivalents $6.147M $7.224M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $57.39M $62.89M
Other Receivables $0.00 $0.00
Total Short-Term Assets $63.54M $70.12M
YoY Change -33.95% -5.11%
LONG-TERM ASSETS
Property, Plant & Equipment $4.873B $4.912B
YoY Change 7.13% 7.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $35.52M $31.30M
YoY Change 5.4% -1.45%
Total Long-Term Assets $4.958B $5.005B
YoY Change 6.22% 6.64%
TOTAL ASSETS
Total Short-Term Assets $63.54M $70.12M
Total Long-Term Assets $4.958B $5.005B
Total Assets $5.022B $5.075B
YoY Change 5.41% 6.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.86M $74.46M
YoY Change 7.23% 7.1%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $112.1M $93.76M
YoY Change 6.82% 6.76%
LONG-TERM LIABILITIES
Long-Term Debt $1.613B $1.649B
YoY Change 8.6% 9.08%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.613B $1.649B
YoY Change 8.6% 9.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $112.1M $93.76M
Total Long-Term Liabilities $1.613B $1.649B
Total Liabilities $1.725B $1.742B
YoY Change 8.48% 8.95%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.773B $4.791B
YoY Change 4.2% 4.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.297B $3.333B
YoY Change
Total Liabilities & Shareholders Equity $5.022B $5.075B
YoY Change 5.41% 6.46%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $56.27M $73.93M
YoY Change -3.84% 13.24%
Depreciation, Depletion And Amortization $48.14M $47.72M
YoY Change 5.81% 3.74%
Cash From Operating Activities $128.2M $127.3M
YoY Change -2.59% 7.09%
INVESTING ACTIVITIES
Capital Expenditures $14.58M $13.70M
YoY Change 2.68% 22.46%
Acquisitions
YoY Change
Other Investing Activities -$64.00K -$71.58M
YoY Change -98.67% 128.39%
Cash From Investing Activities -$14.64M -$85.28M
YoY Change -22.93% 100.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -113.3M -38.08M
YoY Change 38.74% -50.51%
NET CHANGE
Cash From Operating Activities 128.2M 127.3M
Cash From Investing Activities -14.64M -85.28M
Cash From Financing Activities -113.3M -38.08M
Net Change In Cash 198.0K 3.939M
YoY Change -99.36% -752.15%
FREE CASH FLOW
Cash From Operating Activities $128.2M $127.3M
Capital Expenditures $14.58M $13.70M
Free Cash Flow $113.6M $113.6M
YoY Change -3.23% 5.5%

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us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
1070000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
44997000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
35085000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
40056000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-202226000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-67103000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15476000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6831000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5050000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5742000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128201000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128282000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
332000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
50000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
322900000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
166500000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
153900000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
142500000
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
50000000
us-gaap Repayments Of Debt
RepaymentsOfDebt
4547000
us-gaap Repayments Of Debt
RepaymentsOfDebt
41757000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
222000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
136000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15172000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-108798000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5099000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5337000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
43618000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
43512000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38519000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38175000
us-gaap Interest Paid
InterestPaid
36083000
us-gaap Interest Paid
InterestPaid
32703000
us-gaap Income Taxes Paid
IncomeTaxesPaid
745000
us-gaap Income Taxes Paid
IncomeTaxesPaid
987000
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19270000
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
18279000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3404000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3803000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10287000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4077000
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33331000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
39435000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43618000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43512000
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7224000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6420000
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31295000
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31755000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
38519000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
38175000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
224
CY2024Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
30068
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
37
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:2.267%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></p>
CY2024Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6665462000
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6440316000
CY2024Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1753584000
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1662942000
CY2024Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4911878000
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4777374000
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
224
CY2024Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
30068
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
37
CY2023Q2 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P15Y
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
224
aple Number Of Units In Real Estate Property1
NumberOfUnitsInRealEstateProperty1
330
CY2024Q2 us-gaap Line Of Credit
LineOfCredit
169000000
CY2024Q2 us-gaap Unsecured Debt
UnsecuredDebt
1089900000
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
1088904000
CY2024Q2 us-gaap Secured Debt
SecuredDebt
277991000
CY2023Q4 us-gaap Secured Debt
SecuredDebt
282590000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
1536891000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1371494000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
109050000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
295140000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
243649000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
278602000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
334066000
CY2024Q2 aple Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
281948000
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1542455000
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-359000
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5923000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
1536891000
us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
plus a 0.10% SOFR spread adjustment
CY2024Q2 aple Sofr Spread Adjustment Rate
SOFRSpreadAdjustmentRate
0.0010
CY2024Q2 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1088455000
CY2024Q2 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.71
CY2023Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1228002000
CY2023Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.89
CY2024Q2 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
454000000
CY2024Q2 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.29
CY2023Q4 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
150000000
CY2023Q4 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.11
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1542455000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1378002000
CY2024Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0483
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0426
CY2024Q2 aple Debt Instrument Basis Of Variable Rate
DebtInstrumentBasisOfVariableRate
0.0534
CY2023Q4 aple Debt Instrument Basis Of Variable Rate
DebtInstrumentBasisOfVariableRate
0.0535
CY2024Q2 us-gaap Secured Debt
SecuredDebt
277991000
CY2023Q4 us-gaap Secured Debt
SecuredDebt
282590000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
1500000000
CY2024Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1500000000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1400000000
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1300000000
us-gaap Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
one-month SOFR plus a 0.10% SOFR spread adjustment
CY2024Q2 us-gaap Derivative Basis Spread On Variable Rate
DerivativeBasisSpreadOnVariableRate
0.001
CY2024Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
820000000
CY2024Q2 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
21380000
CY2023Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
20404000
CY2024Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
12700000
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3126000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
12509000
CY2024Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
5858000
CY2023Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
5285000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
12835000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
9418000
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
11859000
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
10300000
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.53
CY2024Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128200000
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.56
CY2023Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
54900000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128300000
CY2024Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.08
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19300000
CY2024Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2024-07-15
CY2023Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.08
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31400000
aple Stock Repurchase Program Extended Term
StockRepurchaseProgramExtendedTerm
P1Y
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
335400000
aple Share Repurchase Program End Period
ShareRepurchaseProgramEndPeriod
2025-07
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1100000
aple Stock Repurchased During Period Weighted Average Market Purchase Price Per Share
StockRepurchasedDuringPeriodWeightedAverageMarketPurchasePricePerShare
14.35
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15500000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
500000
aple Stock Repurchased During Period Weighted Average Market Purchase Price Per Share
StockRepurchasedDuringPeriodWeightedAverageMarketPurchasePricePerShare
14.34
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
6800000
CY2024Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
320000000
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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