2024 Q1 Form 10-K Financial Statement

#000000998424000051 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $430.6M $415.5M $1.451B
YoY Change 28.41% 32.56% 14.98%
Cost Of Revenue $289.8M $304.4M $1.009B
YoY Change 28.08% 44.0% 20.09%
Gross Profit $140.9M $111.1M $442.1M
YoY Change 29.1% 8.86% 4.79%
Gross Profit Margin 32.71% 26.74% 30.47%
Selling, General & Admin $90.86M $81.41M $353.1M
YoY Change 5.86% 9.83% 19.06%
% of Gross Profit 64.5% 73.26% 79.86%
Research & Development $13.92M
YoY Change -11.75%
% of Gross Profit 3.15%
Depreciation & Amortization $31.01M $36.62M $115.8M
YoY Change 28.95% 58.33% 25.6%
% of Gross Profit 22.01% 32.95% 26.19%
Operating Expenses $90.86M $81.41M $367.0M
YoY Change 5.86% 9.83% 17.51%
Operating Profit $50.01M $29.71M $89.00M
YoY Change 114.78% 6.3% 55.87%
Interest Expense -$24.83M -$23.56M $58.20M
YoY Change -567.8% -270.77% 298.63%
% of Operating Profit -49.65% -79.29% 65.39%
Other Income/Expense, Net -$1.696M $14.00K $2.400M
YoY Change 26.57% -100.07% -155.81%
Pretax Income $13.16M $6.166M $33.30M
YoY Change -20.92% -67.75% -12.83%
Income Tax $11.21M -$1.050M $17.27M
% Of Pretax Income 85.2% -17.03% 51.86%
Net Earnings $1.947M $7.216M $16.00M
YoY Change -85.2% -53.65% 18.67%
Net Earnings / Revenue 0.45% 1.74% 1.1%
Basic Earnings Per Share $0.04 $0.31
Diluted Earnings Per Share $0.04 $0.14 $0.31
COMMON SHARES
Basic Shares Outstanding 50.70M shares 50.67M shares 51.05M shares
Diluted Shares Outstanding 51.29M shares 51.21M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $81.64M $89.83M $89.83M
YoY Change 3.75% 16.87% 16.87%
Cash & Equivalents $81.64M $89.83M $89.83M
Short-Term Investments
Other Short-Term Assets $119.8M $97.75M $97.75M
YoY Change 215.29% 159.02% 159.02%
Inventory $336.2M $365.2M $365.2M
Prepaid Expenses
Receivables $377.4M $353.9M $353.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $915.0M $906.7M $906.7M
YoY Change 21.33% 23.82% 23.82%
LONG-TERM ASSETS
Property, Plant & Equipment $348.5M $402.7M $402.7M
YoY Change 8.37% 25.79% 15.99%
Goodwill $1.102B $1.184B
YoY Change 30.02% 41.67%
Intangibles $684.4M $706.5M
YoY Change 57.15% 59.66%
Long-Term Investments
YoY Change
Other Assets $223.5M $98.21M $108.5M
YoY Change 209.75% 50.41% 92.83%
Total Long-Term Assets $2.359B $2.401B $2.401B
YoY Change 39.55% 42.81% 42.81%
TOTAL ASSETS
Total Short-Term Assets $915.0M $906.7M $906.7M
Total Long-Term Assets $2.359B $2.401B $2.401B
Total Assets $3.274B $3.308B $3.308B
YoY Change 33.93% 37.05% 37.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $145.7M $164.3M $164.3M
YoY Change -5.0% 13.24% 13.24%
Accrued Expenses $148.6M $221.5M $221.5M
YoY Change -6.01% 39.66% 118.17%
Deferred Revenue
YoY Change
Short-Term Debt $10.03M $16.00K $16.00K
YoY Change 34468.97% 100.0% 100.0%
Long-Term Debt Due $10.92M $10.87M $10.87M
YoY Change 635.98% 656.3% 656.3%
Total Short-Term Liabilities $379.2M $396.6M $396.6M
YoY Change 21.15% 30.0% 30.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.293B $1.280B $1.280B
YoY Change 129.3% 124.7% 124.7%
Other Long-Term Liabilities $148.4M $80.87M $148.6M
YoY Change 307.51% 120.39% 14.17%
Total Long-Term Liabilities $1.441B $80.87M $1.429B
YoY Change 140.11% 120.39% 104.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $379.2M $396.6M $396.6M
Total Long-Term Liabilities $1.441B $80.87M $1.429B
Total Liabilities $1.942B $477.5M $1.946B
YoY Change 112.67% 39.71% 82.29%
SHAREHOLDERS EQUITY
Retained Earnings $1.545B $1.551B
YoY Change -1.77% -1.06%
Common Stock $542.0M $538.6M
YoY Change 2.13% 1.54%
Preferred Stock
YoY Change
Treasury Stock (at cost) $532.5M $532.4M
YoY Change 0.14% 0.17%
Treasury Stock Shares
Shareholders Equity $1.331B $1.362B $1.362B
YoY Change
Total Liabilities & Shareholders Equity $3.274B $3.308B $3.308B
YoY Change 33.93% 37.05% 37.05%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $1.947M $7.216M $16.00M
YoY Change -85.2% -53.65% 18.67%
Depreciation, Depletion And Amortization $31.01M $36.62M $115.8M
YoY Change 28.95% 58.33% 25.6%
Cash From Operating Activities -$2.315M $41.42M $112.4M
YoY Change -107.19% 29.03% 48.78%
INVESTING ACTIVITIES
Capital Expenditures $12.84M $18.34M $55.74M
YoY Change 17.28% 36.58% 58.8%
Acquisitions -$159.0K $718.8M
YoY Change
Other Investing Activities $179.0K $918.0K $921.0K
YoY Change -65.9% -20.86% -66.25%
Cash From Investing Activities -$12.66M -$17.42M -$767.5M
YoY Change 12.22% 42.02% 2032.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$353.0K
YoY Change -105.69%
Debt Paid & Issued, Net $70.59M $314.2M
YoY Change 59.18% 189.78%
Cash From Financing Activities 8.578M -25.84M $666.6M
YoY Change -137.89% 42.26% -1128.18%
NET CHANGE
Cash From Operating Activities -2.315M 41.42M $112.4M
Cash From Investing Activities -12.66M -17.42M -$767.5M
Cash From Financing Activities 8.578M -25.84M $666.6M
Net Change In Cash -6.396M -1.844M $10.91M
YoY Change 2313.58% -210.55% -135.45%
FREE CASH FLOW
Cash From Operating Activities -$2.315M $41.42M $112.4M
Capital Expenditures $12.84M $18.34M $55.74M
Free Cash Flow -$15.15M $23.08M $56.68M
YoY Change -171.24% 23.6% 40.08%

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21714000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
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22909000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
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22673000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
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-25659000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Deferred Income Taxes
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16058000 usd
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CY2021 us-gaap Increase Decrease In Deferred Income Taxes
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19354000 usd
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CY2022Q4 b Tcja Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Liability Noncurrent
TCJAOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalLiabilityNoncurrent
39086000 usd
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80865000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
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36691000 usd
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CY2022Q4 us-gaap Commitments And Contingencies
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CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
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150000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
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150000000 shares
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64600635 shares
CY2022Q4 us-gaap Common Stock Shares Issued
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64481493 shares
CY2023Q4 us-gaap Common Stock Value
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646000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
645000 usd
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537948000 usd
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529791000 usd
CY2023Q4 us-gaap Treasury Stock Common Shares
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13914076 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
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CY2023Q4 us-gaap Treasury Stock Value
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532415000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
531507000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
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1551213000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1567898000 usd
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-195129000 usd
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CY2023Q4 us-gaap Stockholders Equity
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1362263000 usd
CY2022Q4 us-gaap Stockholders Equity
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1346327000 usd
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3308014000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2413730000 usd
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15996000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
13479000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
99873000 usd
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DepreciationDepletionAndAmortization
115818000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
92150000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
91085000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
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1197000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
821000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1027000 usd
CY2023 us-gaap Share Based Compensation
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10201000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
12804000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
11470000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
68194000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
6073000 usd
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
39484000 usd
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
18793000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-622000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
48591000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7350000 usd
CY2023 b Increase Decrease In Prepaid Expenses And Other Current Assets
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
1321000 usd
CY2022 b Increase Decrease In Prepaid Expenses And Other Current Assets
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
-9257000 usd
CY2021 b Increase Decrease In Prepaid Expenses And Other Current Assets
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
-5208000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5493000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15998000 usd
CY2022 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-1474000 usd
CY2021 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
3423000 usd
CY2023 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-13029000 usd
CY2022 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-6948000 usd
CY2021 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-6949000 usd
CY2023 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4890000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2523000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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643000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
112415000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
75559000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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167806000 usd
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ProceedsFromSaleOfPropertyPlantAndEquipment
7921000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1825000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3007000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
55739000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35082000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34117000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
718782000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
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PaymentsForProceedsFromOtherInvestingActivities
921000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1304000 usd
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-35986000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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ProceedsFromRepaymentsOfOtherDebt
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CY2022 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-1333000 usd
CY2021 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-173000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
314167000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
108415000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
48300000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
353000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
513000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6721000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5229000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32412000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32376000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32402000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
908000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1144000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1421000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
5586000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13638000 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9661000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
666562000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-64829000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-545000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5525000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2893000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10911000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-30781000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20441000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81128000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111909000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91468000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92039000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81128000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111909000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2212000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2135000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
4524000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2135000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4525000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89827000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76858000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
102860000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1382677000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
70350000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.64
CY2021 us-gaap Dividends Common Stock Cash
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32402000 usd
CY2021 b Adjustments To Additional Paid In Capital Residual Interest In Subsidiary
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2177000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5229000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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11193000 usd
CY2021Q4 us-gaap Stockholders Equity
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1428766000 usd
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ComprehensiveIncomeNetOfTax
-55183000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.64
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
32376000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6721000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
11841000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1346327000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
41367000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.64
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
32412000 usd
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-2381000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9362000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1362263000 usd
CY2023 us-gaap Use Of Estimates
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">General:</span> The preparation of consolidated financial statements requires management 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 revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2023 b Maximum Maturity Termto Be Considered Cashand Cash Equivalents
MaximumMaturityTermtoBeConsideredCashandCashEquivalents
P3M
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1450871000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1450871000 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5321000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-540000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-572000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13920000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15774000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22928000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1450871000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1261868000 usd
CY2023Q4 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
2576000 usd
CY2023Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
0 usd
CY2023 b Business Acquisition Pro Forma Inventory Set Up
BusinessAcquisitionProFormaInventorySetUp
-8318000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1261868000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1261868000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1258846000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1258846000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1258846000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
59652000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
42423000 usd
CY2023 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
17229000 usd
CY2023 b Contractwith Customer Asset Percent Change
ContractwithCustomerAssetPercentChange
0.41
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
42428000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27857000 usd
CY2023 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
14571000 usd
CY2023 b Contractwith Customer Liability Percent Change
ContractwithCustomerLiabilityPercentChange
0.52
CY2023Q4 b Contractwith Customer Net Asset Liability
ContractwithCustomerNetAssetLiability
17224000 usd
CY2022Q4 b Contractwith Customer Net Asset Liability
ContractwithCustomerNetAssetLiability
14566000 usd
CY2023 b Contractwith Customer Net Asset Liability Cumulative Catchup Adjustmentto Revenue Changein Measureof Progress
ContractwithCustomerNetAssetLiabilityCumulativeCatchupAdjustmenttoRevenueChangeinMeasureofProgress
2658000 usd
CY2023 b Contract With Customer Asset Liability Percent Change
ContractWithCustomerAssetLiabilityPercentChange
0.18
CY2023Q4 b Contract With Customer Customer Advance Liability
ContractWithCustomerCustomerAdvanceLiability
10032000 usd
CY2022Q4 b Contract With Customer Customer Advance Liability
ContractWithCustomerCustomerAdvanceLiability
9593000 usd
CY2023 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
17229000 usd
CY2023 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
14571000 usd
CY2023 b Contractwith Customer Liability Revenue Recognized Percent
ContractwithCustomerLiabilityRevenueRecognizedPercent
0.90
CY2022 b Contractwith Customer Liability Revenue Recognized Percent
ContractwithCustomerLiabilityRevenueRecognizedPercent
0.90
CY2023 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
9976000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
12518000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
13446000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6796000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5615000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
526113000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.75
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P24M
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
104801000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
105965000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
105737000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
68664000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
154683000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
108773000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
365221000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
283402000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1031495000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
906980000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
628798000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
586841000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
402697000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2022 us-gaap Depreciation
Depreciation
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CY2021 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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GoodwillForeignCurrencyTranslationGainLoss
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
27269000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1183624000 usd
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FiniteLivedIntangibleAssetsBeforeForeignCurrencyTranslationAdjustment
1213244000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
532828000 usd
CY2022Q4 b Finite Lived Intangible Assets Before Foreign Currency Translation Adjustment
FiniteLivedIntangibleAssetsBeforeForeignCurrencyTranslationAdjustment
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
469097000 usd
CY2023Q4 b Finite Lived Intangible Assets Foreign Currency Translation Adjustment
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CY2022Q4 b Finite Lived Intangible Assets Foreign Currency Translation Adjustment
FiniteLivedIntangibleAssetsForeignCurrencyTranslationAdjustment
36404000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2021 us-gaap Amortization Of Intangible Assets
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FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2022Q4 us-gaap Deferred Revenue Current
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CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
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29201000 usd
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OperatingLeaseLiabilityCurrent
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2023Q4 us-gaap Restructuring Reserve Current
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CY2022Q4 us-gaap Restructuring Reserve Current
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11999000 usd
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FinanceLeaseLiabilityFairValueDisclosure
11732000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4404000 usd
CY2022Q4 b Finance Lease Liability Fair Value Disclosure
FinanceLeaseLiabilityFairValueDisclosure
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CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
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1309806000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
571084000 usd
CY2022Q4 b Debtand Lease Obligation Fair Value Disclosure
DebtandLeaseObligationFairValueDisclosure
565360000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
10884000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1445000 usd
CY2023Q4 b Longterm Debtand Lease Obligation Excluding Current Maturities
LongtermDebtandLeaseObligationExcludingCurrentMaturities
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CY2022Q4 b Longterm Debtand Lease Obligation Excluding Current Maturities
LongtermDebtandLeaseObligationExcludingCurrentMaturities
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CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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FinanceLeaseLiabilityNoncurrent
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
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CY2022 us-gaap Interest Paid
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13535000 usd
CY2021 us-gaap Interest Paid
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CY2023 us-gaap Interest Costs Capitalized
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1510000 usd
CY2022 us-gaap Interest Costs Capitalized
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391000 usd
CY2021 us-gaap Interest Costs Capitalized
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282000 usd
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CY2022Q4 us-gaap Other Assets Fair Value Disclosure
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CY2023 us-gaap Defined Contribution Plan Cost Recognized
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3030000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4870000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5475000 usd
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DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2023 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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2845000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 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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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Inventory
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CY2022Q4 us-gaap Deferred Tax Assets Inventory
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
7430000 usd
CY2023Q4 b Deferred Tax Assets Goodwill
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CY2022Q4 b Deferred Tax Assets Goodwill
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CY2023Q4 b Deferred Tax Assets Operating Lease Rightof Use Asset
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CY2022Q4 b Deferred Tax Assets Operating Lease Rightof Use Asset
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CY2023Q4 us-gaap Deferred Tax Assets Other
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CY2022Q4 us-gaap Deferred Tax Assets Other
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
41313000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
9899000 usd
CY2023Q4 b Deferred Tax Liability Foreign Tax Incentives
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CY2022Q4 b Deferred Tax Liability Foreign Tax Incentives
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