2023 Q1 Form 10-K Financial Statement

#000160649823000020 Filed on February 21, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $191.7M $217.5M $820.0M
YoY Change -2.89% 12.46% 10.13%
Cost Of Revenue $87.20M $100.6M $370.0M
YoY Change -3.33% 4.25% -2.71%
Gross Profit $104.5M $116.9M $450.0M
YoY Change -2.52% 20.64% 23.52%
Gross Profit Margin 54.51% 53.75% 54.88%
Selling, General & Admin $92.70M $82.20M $341.9M
YoY Change 2.89% 9.31% 13.85%
% of Gross Profit 88.71% 70.32% 75.98%
Research & Development $7.900M $7.500M $30.60M
YoY Change 1.28% -1.32% -5.26%
% of Gross Profit 7.56% 6.42% 6.8%
Depreciation & Amortization $12.10M $13.40M $47.70M
YoY Change 9.01% 41.05% 24.54%
% of Gross Profit 11.58% 11.46% 10.6%
Operating Expenses $100.6M $90.30M $372.5M
YoY Change 2.76% 40.87% 12.0%
Operating Profit $2.600M $26.60M $74.00M
YoY Change -71.74% -18.9% 731.46%
Interest Expense $3.500M -$2.300M $10.00M
YoY Change 169.23% 228.57% 203.03%
% of Operating Profit 134.62% -8.65% 13.51%
Other Income/Expense, Net
YoY Change
Pretax Income -$400.0K $23.90M $65.20M
YoY Change -105.06% -1.65% 1024.14%
Income Tax $100.0K $7.000M $14.70M
% Of Pretax Income 29.29% 22.55%
Net Earnings -$500.0K $16.90M $50.50M
YoY Change -108.62% 69.0% 871.15%
Net Earnings / Revenue -0.26% 7.77% 6.16%
Basic Earnings Per Share -$0.01 $1.08
Diluted Earnings Per Share -$0.01 $0.36 $1.07
COMMON SHARES
Basic Shares Outstanding 46.60M shares 46.50M shares 46.90M shares
Diluted Shares Outstanding 47.20M shares 47.30M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $95.70M $127.7M $127.7M
YoY Change -8.25% 7.76% 7.76%
Cash & Equivalents $95.70M $127.7M $127.7M
Short-Term Investments
Other Short-Term Assets $15.40M $13.90M $13.90M
YoY Change -1.91% -25.27% -25.27%
Inventory $200.0M $190.3M $190.3M
Prepaid Expenses
Receivables $131.0M $155.7M $155.7M
Other Receivables $11.70M $12.20M $12.20M
Total Short-Term Assets $453.8M $499.8M $499.8M
YoY Change 3.32% 19.4% 19.4%
LONG-TERM ASSETS
Property, Plant & Equipment $163.5M $163.9M $194.5M
YoY Change -2.04% -2.5% -5.9%
Goodwill $821.5M $819.4M
YoY Change -0.54% 2.22%
Intangibles $244.7M $251.0M
YoY Change -9.74% 77.76%
Long-Term Investments
YoY Change
Other Assets $18.60M $17.60M $22.20M
YoY Change 16.98% 6.67% -16.23%
Total Long-Term Assets $1.281B $1.287B $1.287B
YoY Change -3.48% 9.45% 9.45%
TOTAL ASSETS
Total Short-Term Assets $453.8M $499.8M $499.8M
Total Long-Term Assets $1.281B $1.287B $1.287B
Total Assets $1.735B $1.787B $1.787B
YoY Change -1.79% 12.06% 12.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $59.60M $67.90M $67.90M
YoY Change -6.58% 20.39% 20.39%
Accrued Expenses $80.60M $98.90M $111.7M
YoY Change 8.04% 45.23% 34.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.200M $6.200M $6.200M
YoY Change
Total Short-Term Liabilities $158.5M $185.8M $185.8M
YoY Change 3.66% 33.48% 33.48%
LONG-TERM LIABILITIES
Long-Term Debt $204.7M $226.3M $226.3M
YoY Change -19.54% 74.08% 74.08%
Other Long-Term Liabilities $15.50M $23.50M $58.20M
YoY Change -44.64% 158.24% 12.14%
Total Long-Term Liabilities $15.50M $249.8M $284.5M
YoY Change -44.64% 2645.05% 56.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $158.5M $185.8M $185.8M
Total Long-Term Liabilities $15.50M $249.8M $284.5M
Total Liabilities $436.2M $495.7M $495.7M
YoY Change -14.47% 49.89% 49.89%
SHAREHOLDERS EQUITY
Retained Earnings -$253.6M -$253.1M
YoY Change -16.72% -18.43%
Common Stock $500.0K $500.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.299B $1.291B $1.291B
YoY Change
Total Liabilities & Shareholders Equity $1.735B $1.787B $1.787B
YoY Change -1.79% 12.06% 12.06%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$500.0K $16.90M $50.50M
YoY Change -108.62% 69.0% 871.15%
Depreciation, Depletion And Amortization $12.10M $13.40M $47.70M
YoY Change 9.01% 41.05% 24.54%
Cash From Operating Activities -$6.800M $33.70M $90.90M
YoY Change -477.78% -35.32% 4.12%
INVESTING ACTIVITIES
Capital Expenditures $4.000M $4.900M $19.30M
YoY Change -180.0% -204.26% -191.9%
Acquisitions $0.00 $116.1M
YoY Change -100.0%
Other Investing Activities $0.00 $0.00 -$116.1M
YoY Change -100.0%
Cash From Investing Activities -$4.000M -$4.900M -$135.4M
YoY Change -96.71% 4.26% 544.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $45.50M
YoY Change 295.65%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$22.10M -21.90M $56.70M
YoY Change -120.91% -15.12% -202.53%
NET CHANGE
Cash From Operating Activities -$6.800M 33.70M $90.90M
Cash From Investing Activities -$4.000M -4.900M -$135.4M
Cash From Financing Activities -$22.10M -21.90M $56.70M
Net Change In Cash -$32.00M 6.900M $9.200M
YoY Change 125.35% -68.06% 31.43%
FREE CASH FLOW
Cash From Operating Activities -$6.800M $33.70M $90.90M
Capital Expenditures $4.000M $4.900M $19.30M
Free Cash Flow -$10.80M $28.80M $71.60M
YoY Change -258.82% -49.3% -33.89%

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<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Estimates are used in accounting for, among other things, distributor rebate accruals, future cash flows associated with impairment testing for goodwill and long-lived assets, loss contingencies, and deferred tax assets and potential income tax assessments. Our estimates are subject to uncertainties associated with the ongoing COVID-19 pandemic which has caused volatility and adverse effects in global markets. Actual results could differ from these estimates, and the effect of the change could be material to our financial statements. Changes in these estimates are recorded when known.</span></div>
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CY2022Q4 us-gaap Accrued Salaries Current
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CY2021Q4 us-gaap Accrued Salaries Current
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CY2022Q4 us-gaap Taxes Payable Current
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21200000 usd
CY2021Q4 us-gaap Taxes Payable Current
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3000000.0 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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16200000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
11300000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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98900000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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68100000 usd
CY2022Q4 avns Accrued Compensation Benefits
AccruedCompensationBenefits
4800000 usd
CY2021Q4 avns Accrued Compensation Benefits
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4400000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
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18700000 usd
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
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4700000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
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23500000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
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9100000 usd
CY2022 avns Business Combination Income Tax Adjustment Decrease In Indemnification Liability
BusinessCombinationIncomeTaxAdjustmentDecreaseInIndemnificationLiability
3900000 usd
CY2022 avns Business Combination Income Tax Adjustment Decrease In Deferred Tax Liability
BusinessCombinationIncomeTaxAdjustmentDecreaseInDeferredTaxLiability
1200000 usd
CY2022 avns Business Combination Income Tax Adjustment Decrease In Goodwill
BusinessCombinationIncomeTaxAdjustmentDecreaseInGoodwill
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30600000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
38600000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12800000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14700000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
34700000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42800000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
47500000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
57500000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022 us-gaap Operating Lease Cost
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13100000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
300000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
500000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
800000 usd
CY2022 us-gaap Lease Cost
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14400000 usd
CY2021 us-gaap Lease Cost
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14800000 usd
CY2022 us-gaap Operating Lease Payments
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16200000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
16400000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3000000.0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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1500000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13000000.0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7700000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5500000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
53200000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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233400000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
130000000.0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
900000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2022Q4 us-gaap Long Term Debt Current
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6200000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Long Term Debt
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226300000 usd
CY2021Q4 us-gaap Long Term Debt
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130000000.0 usd
CY2022Q4 us-gaap Long Term Debt Current
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6200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
7000000.0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9400000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
10200000 usd
CY2022Q4 avns Long Term Debt Maturity After Year Four
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200600000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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233400000 usd
CY2022Q4 avns Debt Repayment Term
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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59300000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4300000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5900000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3000000.0 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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65200000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7300000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3600000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1900000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1700000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
18400000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3900000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
100000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 avns Cares Act Income Tax Expense Benefit
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CY2021 avns Cares Act Income Tax Expense Benefit
CARESActIncomeTaxExpenseBenefit
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CY2020 avns Cares Act Income Tax Expense Benefit
CARESActIncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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34500000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 avns Effective Income Tax Rate Reconciliation Cares Act
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2022 avns Effective Income Tax Rate Reconciliation Foreign Tax Credit Carryback
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CY2021 avns Effective Income Tax Rate Reconciliation Foreign Tax Credit Carryback
EffectiveIncomeTaxRateReconciliationForeignTaxCreditCarryback
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CY2020 avns Effective Income Tax Rate Reconciliation Foreign Tax Credit Carryback
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 avns Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits
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CY2021 avns Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits
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CY2020 avns Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits
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CY2022 avns Effective Income Tax Rate Reconciliation Capital Loss Carryback
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CY2021 avns Effective Income Tax Rate Reconciliation Capital Loss Carryback
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CY2020 avns Effective Income Tax Rate Reconciliation Capital Loss Carryback
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CY2022 avns Effective Income Tax Rate Reconciliation Cares Act
EffectiveIncomeTaxRateReconciliationCARESAct
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CY2021 avns Effective Income Tax Rate Reconciliation Cares Act
EffectiveIncomeTaxRateReconciliationCARESAct
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CY2022 avns Effective Income Tax Rate Reconciliation Doj Deferred Prosecution Agreement
EffectiveIncomeTaxRateReconciliationDOJDeferredProsecutionAgreement
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CY2021 avns Effective Income Tax Rate Reconciliation Doj Deferred Prosecution Agreement
EffectiveIncomeTaxRateReconciliationDOJDeferredProsecutionAgreement
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CY2020 avns Effective Income Tax Rate Reconciliation Doj Deferred Prosecution Agreement
EffectiveIncomeTaxRateReconciliationDOJDeferredProsecutionAgreement
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CY2022 avns Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation
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CY2021 avns Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensation
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CY2020 avns Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation
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CY2022 avns Effective Income Tax Rate Reconciliation Research And Development Credit Percent
EffectiveIncomeTaxRateReconciliationResearchAndDevelopmentCreditPercent
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CY2021 avns Effective Income Tax Rate Reconciliation Research And Development Credit Percent
EffectiveIncomeTaxRateReconciliationResearchAndDevelopmentCreditPercent
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CY2020 avns Effective Income Tax Rate Reconciliation Research And Development Credit Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q4 avns Deferred Tax Asset Operating Lease Obligations
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CY2022Q4 us-gaap Deferred Tax Assets Other
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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5500000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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5600000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
10700000 usd
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
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CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
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CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
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CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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CY2022Q4 avns Deferred Tax Asset Operating Lease Obligations
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CY2021Q4 us-gaap Deferred Tax Assets Gross
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CY2021Q4 us-gaap Deferred Tax Assets Other
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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60200000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
56500000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
28100000 usd
CY2022Q4 avns Deferred Tax Liability Operating Lease Right Of Use Asset
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CY2021Q4 avns Deferred Tax Liability Operating Lease Right Of Use Asset
DeferredTaxLiabilityOperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
9400000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
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CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
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CY2022Q4 us-gaap Deferred Tax Liabilities Other
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CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
20800000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6600000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
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CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
3800000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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10700000 usd
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10700000 usd
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19300000 usd
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33.04
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323140 shares
CY2021Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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19300000 usd
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TreasuryStockCommonShares
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CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
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19300000 usd
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0 usd
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CY2022Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
522162 shares
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
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14100000 usd
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27.00
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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10900000 usd
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10900000 usd
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27.25
CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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0 usd
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
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1200000 usd
CY2022 dei Auditor Location
AuditorLocation
Atlanta, Georgia
CY2022 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2022 dei Auditor Firm
AuditorFirmId
34

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