2024 Q2 Form 10-Q Financial Statement

#000128005824000037 Filed on May 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $287.3M $279.3M $261.8M
YoY Change 5.99% 6.68% 1.8%
Cost Of Revenue $124.7M $126.2M $123.1M
YoY Change 2.65% 2.51% -0.2%
Gross Profit $162.6M $153.0M $138.6M
YoY Change 8.7% 10.39% 3.65%
Gross Profit Margin 56.59% 54.81% 52.97%
Selling, General & Admin $80.52M $98.62M $107.2M
YoY Change -28.32% -8.02% 8.33%
% of Gross Profit 49.53% 64.44% 77.34%
Research & Development $39.07M $42.80M $40.59M
YoY Change 8.08% 5.45% 1.6%
% of Gross Profit 24.03% 27.97% 29.28%
Depreciation & Amortization $30.46M $30.10M $27.27M
YoY Change 15.59% 10.35% 6.76%
% of Gross Profit 18.73% 19.66% 19.67%
Operating Expenses $120.5M $142.3M $148.6M
YoY Change -19.28% -4.22% 6.33%
Operating Profit $42.09M $10.72M -$9.947M
YoY Change 14217.01% -207.76% 66.37%
Interest Expense $15.72M $10.28M $10.66M
YoY Change 40.73% -3.62% 40.31%
% of Operating Profit 37.33% 95.87%
Other Income/Expense, Net $875.0K $1.016M $1.016M
YoY Change -12.94% 0.0% -9.37%
Pretax Income $29.69M $3.790M -$18.60M
YoY Change -466.73% -120.37% 49.33%
Income Tax $7.883M -$1.456M -$3.901M
% Of Pretax Income 26.55% -38.42%
Net Earnings $21.80M $5.246M -$14.70M
YoY Change 935.82% -135.68% 41.26%
Net Earnings / Revenue 7.59% 1.88% -5.62%
Basic Earnings Per Share $0.43 $0.10 -$0.28
Diluted Earnings Per Share $0.42 $0.10 -$0.28
COMMON SHARES
Basic Shares Outstanding 51.63M shares 53.48M shares 53.22M shares
Diluted Shares Outstanding 51.68M shares 53.41M shares 52.13M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.44M $26.38M $24.08M
YoY Change 4.81% 9.52% -28.72%
Cash & Equivalents $30.44M $26.38M $24.08M
Short-Term Investments
Other Short-Term Assets $899.0M $441.2M $452.9M
YoY Change 7.48% -2.56% 22.41%
Inventory
Prepaid Expenses
Receivables $152.8M $96.10M $100.3M
Other Receivables $2.943M $6.936M $2.136M
Total Short-Term Assets $1.079B $577.1M $579.3M
YoY Change 3.31% -0.39% 14.24%
LONG-TERM ASSETS
Property, Plant & Equipment $98.07M $96.07M $105.3M
YoY Change -6.31% -8.77% -6.54%
Goodwill $1.053B $1.053B $1.052B
YoY Change -0.01% 0.14% -0.49%
Intangibles $549.5M $565.0M $622.2M
YoY Change -9.84% -9.2% -8.94%
Long-Term Investments $5.029M
YoY Change
Other Assets $68.79M $59.88M $87.95M
YoY Change -18.36% -31.91% -2.49%
Total Long-Term Assets $1.964B $1.972B $2.060B
YoY Change -4.14% -4.27% -2.9%
TOTAL ASSETS
Total Short-Term Assets $1.079B $577.1M $579.3M
Total Long-Term Assets $1.964B $1.972B $2.060B
Total Assets $3.043B $2.549B $2.639B
YoY Change -1.63% -3.42% 0.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.04M $48.86M $46.53M
YoY Change 8.12% 5.02% 17.82%
Accrued Expenses $51.68M $25.40M $72.80M
YoY Change -29.32% -65.11% 118.05%
Deferred Revenue $427.1M $360.4M $361.0M
YoY Change -1.73% -0.18% 2.86%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $23.79M $19.30M $19.14M
YoY Change 24.04% 0.87% 5.63%
Total Short-Term Liabilities $1.349B $862.6M $863.9M
YoY Change -0.89% -0.14% 13.83%
LONG-TERM LIABILITIES
Long-Term Debt $998.1M $1.021B $858.9M
YoY Change 20.63% 18.82% -10.82%
Other Long-Term Liabilities $4.362M $4.163M $13.23M
YoY Change -8.28% -68.54% 778.75%
Total Long-Term Liabilities $1.002B $1.025B $872.1M
YoY Change 20.46% 17.49% -9.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.349B $862.6M $863.9M
Total Long-Term Liabilities $1.002B $1.025B $872.1M
Total Liabilities $2.465B $2.015B $1.920B
YoY Change 5.74% 4.97% -0.21%
SHAREHOLDERS EQUITY
Retained Earnings $225.9M $204.1M $182.3M
YoY Change 22.48% 11.94% -21.42%
Common Stock $1.209B $1.184B $1.105B
YoY Change 6.15% 7.16% 11.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $577.3M $534.1M $719.7M
YoY Change
Total Liabilities & Shareholders Equity $3.043B $2.549B $2.639B
YoY Change -1.63% -3.42% 0.41%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $21.80M $5.246M -$14.70M
YoY Change 935.82% -135.68% 41.26%
Depreciation, Depletion And Amortization $30.46M $30.10M $27.27M
YoY Change 15.59% 10.35% 6.76%
Cash From Operating Activities $53.82M $64.62M $21.81M
YoY Change 1.17% 196.34% -11.01%
INVESTING ACTIVITIES
Capital Expenditures $21.18M $261.0K $1.364M
YoY Change 30.7% -80.87% -68.03%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$5.029M -$1.179M $0.00
YoY Change -100.0%
Cash From Investing Activities -$26.21M -$14.51M -$15.33M
YoY Change 61.74% -5.36% -58.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 420.3M -$394.6M -$353.2M
YoY Change 15.57% 11.72% 8.54%
NET CHANGE
Cash From Operating Activities 53.82M $64.62M $21.81M
Cash From Investing Activities -26.21M -$14.51M -$15.33M
Cash From Financing Activities 420.3M -$394.6M -$353.2M
Net Change In Cash 447.9M -$345.4M -$345.8M
YoY Change 11.79% -0.11% 2.19%
FREE CASH FLOW
Cash From Operating Activities $53.82M $64.62M $21.81M
Capital Expenditures $21.18M $261.0K $1.364M
Free Cash Flow $32.64M $64.36M $20.44M
YoY Change -11.77% 214.83% 1.01%

Facts In Submission

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CY2024Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2910000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
534054000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
744032000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-14701000 usd
CY2023Q1 blkb Exercise Of Stock Options And Stock Appreciation Rights Value
ExerciseOfStockOptionsAndStockAppreciationRightsValue
0 usd
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
30990000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
29925000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
1000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8534000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
719733000 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. On an ongoing basis, we reconsider and evaluate our estimates and assumptions, including those that impact revenue recognition, long-lived and intangible assets, income taxes, business combinations, stock-based compensation, capitalization of software and content development costs, our allowances for credit losses and sales returns, costs of obtaining contracts, valuation of derivative instruments, loss contingencies and insurance recoveries, among others. Changes in the facts or circumstances underlying these estimates could result in material changes and actual results could materially differ from these estimates.</span></div>
CY2024Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
1600000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
5246000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-14701000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52052370 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52132999 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1362125 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53414495 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52132999 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
622902 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1638453 shares
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
355307000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
695489000 usd
CY2024Q1 us-gaap Escrow Deposit
EscrowDeposit
1186000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
1517000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
356493000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
697006000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
61313000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
62377000 usd
CY2024Q1 blkb Prepaid Software Maintenance Current And Long Term
PrepaidSoftwareMaintenanceCurrentAndLongTerm
34668000 usd
CY2023Q4 blkb Prepaid Software Maintenance Current And Long Term
PrepaidSoftwareMaintenanceCurrentAndLongTerm
35169000 usd
CY2024Q1 blkb Derivative Assets Current And Long Term
DerivativeAssetsCurrentAndLongTerm
16553000 usd
CY2023Q4 blkb Derivative Assets Current And Long Term
DerivativeAssetsCurrentAndLongTerm
16198000 usd
CY2024Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
9792000 usd
CY2023Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
9259000 usd
CY2024Q1 blkb Prepaid Insurance Currentand Longterm
PrepaidInsuranceCurrentandLongterm
8617000 usd
CY2023Q4 blkb Prepaid Insurance Currentand Longterm
PrepaidInsuranceCurrentandLongterm
3940000 usd
CY2024Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
6432000 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
5615000 usd
CY2024Q1 blkb Taxes Prepaid And Receivable Current And Long Term
TaxesPrepaidAndReceivableCurrentAndLongTerm
3407000 usd
CY2023Q4 blkb Taxes Prepaid And Receivable Current And Long Term
TaxesPrepaidAndReceivableCurrentAndLongTerm
3418000 usd
CY2024Q1 blkb Deferred Income Taxes And Other Assets Current And Noncurrent
DeferredIncomeTaxesAndOtherAssetsCurrentAndNoncurrent
617000 usd
CY2023Q4 blkb Deferred Income Taxes And Other Assets Current And Noncurrent
DeferredIncomeTaxesAndOtherAssetsCurrentAndNoncurrent
644000 usd
CY2024Q1 us-gaap Other Assets
OtherAssets
13073000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
13702000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
154472000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
150322000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
59883000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
51037000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
94589000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
99285000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4800000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
8300000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
18800000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
25300000 usd
CY2024Q1 blkb Prepaid Software Maintenance And Subscriptions Current
PrepaidSoftwareMaintenanceAndSubscriptionsCurrent
31600000 usd
CY2023Q4 blkb Prepaid Software Maintenance And Subscriptions Current
PrepaidSoftwareMaintenanceAndSubscriptionsCurrent
32400000 usd
CY2024Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
8400000 usd
CY2023Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAccumulatedAmortization
7700000 usd
CY2024Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
29753000 usd
CY2023Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
21282000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
11713000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
3659000 usd
CY2024Q1 blkb Accrued Customer Credit Balances Current And Long Term
AccruedCustomerCreditBalancesCurrentAndLongTerm
9102000 usd
CY2023Q4 blkb Accrued Customer Credit Balances Current And Long Term
AccruedCustomerCreditBalancesCurrentAndLongTerm
10238000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6714000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6701000 usd
CY2024Q1 blkb Accrued Commissions And Salaries Current And Long Term
AccruedCommissionsAndSalariesCurrentAndLongTerm
2987000 usd
CY2023Q4 blkb Accrued Commissions And Salaries Current And Long Term
AccruedCommissionsAndSalariesCurrentAndLongTerm
4413000 usd
CY2024Q1 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
2387000 usd
CY2023Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
3865000 usd
CY2024Q1 us-gaap Accrued Vacation Current And Noncurrent
AccruedVacationCurrentAndNoncurrent
2349000 usd
CY2023Q4 us-gaap Accrued Vacation Current And Noncurrent
AccruedVacationCurrentAndNoncurrent
2452000 usd
CY2024Q1 blkb Accrued Transaction Based Costs Related To Payments Services
AccruedTransactionBasedCostsRelatedToPaymentsServices
1917000 usd
CY2023Q4 blkb Accrued Transaction Based Costs Related To Payments Services
AccruedTransactionBasedCostsRelatedToPaymentsServices
4323000 usd
CY2024Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1403000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1403000 usd
CY2024Q1 blkb Derivative Liabilities Current And Long Term
DerivativeLiabilitiesCurrentAndLongTerm
92000 usd
CY2023Q4 blkb Derivative Liabilities Current And Long Term
DerivativeLiabilitiesCurrentAndLongTerm
5540000 usd
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
11017000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
10704000 usd
CY2024Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
79434000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
74580000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4163000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10258000 usd
CY2024Q1 blkb Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
75271000 usd
CY2023Q4 blkb Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
64322000 usd
CY2024Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
2048000 usd
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1236000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
283000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-245000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1016000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1016000 usd
CY2024Q1 blkb Nonoperating Income Expense Excluding Interest Expense
NonoperatingIncomeExpenseExcludingInterestExpense
3347000 usd
CY2023Q1 blkb Nonoperating Income Expense Excluding Interest Expense
NonoperatingIncomeExpenseExcludingInterestExpense
2007000 usd
CY2024Q1 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
2231000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
2800000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1041033000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
781145000 usd
CY2024Q1 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0490
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0424
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-1211000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-1481000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
19302000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
19259000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1020520000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
760405000 usd
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
900000000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1456000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3901000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.384
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
2800000 usd
CY2024Q1 us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
569000 usd
CY2024Q1 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
2231000 usd
CY2024Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-14700000 usd
CY2023Q1 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0 usd
CY2024Q1 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0 usd
CY2024Q1 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
400 cases
CY2024Q1 blkb Security Incident Subrogation Claims Number
SecurityIncidentSubrogationClaimsNumber
3 cases
CY2024Q1 blkb Security Incident Number Of State Attorneys General
SecurityIncidentNumberOfStateAttorneysGeneral
49 cases
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.210
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1986000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
2385000 usd
CY2024Q1 us-gaap Variable Lease Cost
VariableLeaseCost
313000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
432000 usd
CY2024Q1 us-gaap Sublease Income
SubleaseIncome
698000 usd
CY2023Q1 us-gaap Sublease Income
SubleaseIncome
811000 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
1601000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
2006000 usd
CY2024Q1 blkb Liability Insurance Amount Total
LiabilityInsuranceAmountTotal
50000000 usd
CY2024Q1 blkb Liability Insurance Amount Deductible
LiabilityInsuranceAmountDeductible
250000 usd
CY2024Q1 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="margin-top:9pt;text-align:justify"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We recorded expenses and offsetting insurance recoveries related to the Security Incident as follows:</span></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.461%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.620%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-top:1pt solid #004054;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#004054;border-left:1pt solid #004054;border-right:1pt solid #004054;border-top:1pt solid #004054;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three months ended</span></div><div style="text-align:right"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31,</span></div></td></tr><tr><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-top:1pt solid #004054;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(dollars in thousands)</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></div></td><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-right:1pt solid #004054;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></div></td></tr><tr><td colspan="3" style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gross expense</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,323 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">17,783 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Offsetting insurance recoveries</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net expense</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,323 </span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">17,783 </span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;border-top:1pt solid #51555c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:9pt;text-align:justify"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following summarizes our cumulative expenses, insurance recoveries recognized and insurance recoveries paid as of:</span></div><div style="margin-top:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:73.461%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.620%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-top:1pt solid #004054;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(dollars in thousands)</span></td><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-top:1pt solid #004054;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31,<br/>2024</span></td><td colspan="3" style="background-color:#004054;border-left:1pt solid #004054;border-right:1pt solid #004054;border-top:1pt solid #004054;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31,<br/>2023</span></td></tr><tr><td colspan="3" style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cumulative gross expense</span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">171,754 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">161,431 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #004054;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cumulative offsetting insurance recoveries recognized</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(50,000)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(50,000)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ebfbff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cumulative net expense</span></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">121,754 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">111,431 </span></td><td style="background-color:#ebfbff;border-top:1pt solid #51555c;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #51555c;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #51555c;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cumulative offsetting insurance recoveries paid</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(50,000)</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#51555c;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(50,000)</span></td><td style="background-color:#ebfbff;border-bottom:1pt solid #0cd973;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div>
CY2024Q1 blkb Security Incident Expense
SecurityIncidentExpense
10323000 usd
CY2023Q1 blkb Security Incident Expense
SecurityIncidentExpense
17783000 usd
CY2024Q1 blkb Security Incident Accrued Insurance Recoveries
SecurityIncidentAccruedInsuranceRecoveries
0 usd
CY2023Q1 blkb Security Incident Accrued Insurance Recoveries
SecurityIncidentAccruedInsuranceRecoveries
0 usd
CY2024Q1 blkb Security Incident Net Expense
SecurityIncidentNetExpense
10323000 usd
CY2023Q1 blkb Security Incident Net Expense
SecurityIncidentNetExpense
17783000 usd
CY2024Q1 blkb Security Incident Cumulative Expense
SecurityIncidentCumulativeExpense
171754000 usd
CY2023Q4 blkb Security Incident Cumulative Expense
SecurityIncidentCumulativeExpense
161431000 usd
CY2024Q1 blkb Security Incident Cumulative Accrued Insurance Recoveries
SecurityIncidentCumulativeAccruedInsuranceRecoveries
50000000 usd
CY2023Q4 blkb Security Incident Cumulative Accrued Insurance Recoveries
SecurityIncidentCumulativeAccruedInsuranceRecoveries
50000000 usd
CY2024Q1 blkb Security Incident Cumulative Net Expense
SecurityIncidentCumulativeNetExpense
121754000 usd
CY2023Q4 blkb Security Incident Cumulative Net Expense
SecurityIncidentCumulativeNetExpense
111431000 usd
CY2024Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
50000000 usd
CY2023Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
50000000 usd
CY2024Q1 blkb Security Incident Net Pre Tax Expense
SecurityIncidentNetPreTaxExpense
10300000 usd
CY2024Q1 blkb Security Incident Ongoing Legal Fees
SecurityIncidentOngoingLegalFees
3300000 usd
CY2024Q1 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
7000000 usd
CY2024Q1 blkb Security Incident Net Cash Outlays
SecurityIncidentNetCashOutlays
2000000 usd
CY2024Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
8500000 usd
CY2024Q1 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
260 cases
CY2024Q1 us-gaap Loss Contingency Claims Settled Number
LossContingencyClaimsSettledNumber
214 cases
CY2024Q1 blkb Loss Contingency Claims Settled Percent
LossContingencyClaimsSettledPercent
0.82
CY2024Q1 blkb Security Incident Customer Reimbursement Requests Inactive Or Abandoned Number
SecurityIncidentCustomerReimbursementRequestsInactiveOrAbandonedNumber
39 cases
CY2024Q1 blkb Security Incident Customer Reimbursement Requests Inactive Or Abandoned Percent
SecurityIncidentCustomerReimbursementRequestsInactiveOrAbandonedPercent
0.15
CY2024Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
259700000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1688000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8938000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-2966000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
2566000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1222000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
404000 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1200000000 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.50
CY2024Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
367187000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
394927000 usd
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
173000000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
279250000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
261753000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
279250000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
261753000 usd
CY2022Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1100000000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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