2023 Q4 Form 10-Q Financial Statement

#000155837023018618 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $172.2M $144.0M
YoY Change 28.88% 28.26%
Cost Of Revenue $30.02M $26.47M
YoY Change 31.5% 36.97%
Gross Profit $142.2M $117.5M
YoY Change 28.34% 26.45%
Gross Profit Margin 82.57% 81.62%
Selling, General & Admin $60.48M $56.25M
YoY Change 28.83% 20.94%
% of Gross Profit 42.53% 47.87%
Research & Development $32.56M $32.32M
YoY Change 23.46% 35.03%
% of Gross Profit 22.9% 27.5%
Depreciation & Amortization $11.52M $3.300M
YoY Change 29.7% 73.68%
% of Gross Profit 8.1% 2.81%
Operating Expenses $104.6M $88.57M
YoY Change 27.2% 25.72%
Operating Profit $37.64M $18.24M
YoY Change 31.62% 26.67%
Interest Expense -$275.0K $288.0K
YoY Change 22.77% 27.43%
% of Operating Profit -0.73% 1.58%
Other Income/Expense, Net $4.373M $1.600M
YoY Change 161.7% -792.64%
Pretax Income $41.74M $19.58M
YoY Change 38.92% 40.47%
Income Tax $8.636M $6.200M
% Of Pretax Income 20.69% 31.66%
Net Earnings $33.10M $13.35M
YoY Change 83.22% 29.19%
Net Earnings / Revenue 19.22% 9.27%
Basic Earnings Per Share $0.08
Diluted Earnings Per Share $0.19 $0.08
COMMON SHARES
Basic Shares Outstanding 170.0M 167.4M
Diluted Shares Outstanding 174.0M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $310.1M $259.2M
YoY Change 15.8% 6.8%
Cash & Equivalents $310.1M $259.2M
Short-Term Investments
Other Short-Term Assets $15.93M $19.50M
YoY Change 56.78% -8.08%
Inventory
Prepaid Expenses
Receivables $206.9M $190.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $533.0M $469.4M
YoY Change 19.75% 15.79%
LONG-TERM ASSETS
Property, Plant & Equipment $58.02M $55.76M
YoY Change 23.36% 31.18%
Goodwill $436.0M $431.3M
YoY Change 27.11% 28.16%
Intangibles $140.9M $147.3M
YoY Change 4.03% 4.59%
Long-Term Investments
YoY Change
Other Assets $1.571M $1.981M
YoY Change -9.24% 16.6%
Total Long-Term Assets $710.0M $705.8M
YoY Change 19.95% 18.41%
TOTAL ASSETS
Total Short-Term Assets $533.0M $469.4M
Total Long-Term Assets $710.0M $705.8M
Total Assets $1.243B $1.175B
YoY Change 19.86% 17.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.93M $9.638M
YoY Change 93.74% -22.83%
Accrued Expenses $44.26M $41.75M
YoY Change 33.79% 36.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.934M $3.100M
YoY Change 58.94% 44.59%
Total Short-Term Liabilities $83.86M $74.75M
YoY Change 21.69% 29.18%
LONG-TERM LIABILITIES
Long-Term Debt $2.865M $3.400M
YoY Change 267.78% 203.57%
Other Long-Term Liabilities $2.690M $3.602M
YoY Change -23.23% 36.85%
Total Long-Term Liabilities $2.690M $3.602M
YoY Change -23.23% 36.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.86M $74.75M
Total Long-Term Liabilities $2.690M $3.602M
Total Liabilities $169.1M $163.9M
YoY Change 5.57% 1.55%
SHAREHOLDERS EQUITY
Retained Earnings $199.0M $165.9M
YoY Change 56.04% 51.56%
Common Stock $171.0K $170.0K
YoY Change 3.64% 3.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.074B $1.011B
YoY Change
Total Liabilities & Shareholders Equity $1.243B $1.175B
YoY Change 19.86% 17.35%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $33.10M $13.35M
YoY Change 83.22% 29.19%
Depreciation, Depletion And Amortization $11.52M $3.300M
YoY Change 29.7% 73.68%
Cash From Operating Activities $52.05M $35.53M
YoY Change 42.61% 11.69%
INVESTING ACTIVITIES
Capital Expenditures $4.700M $4.640M
YoY Change -61.67% -132.88%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$67.24M
YoY Change
Cash From Investing Activities -$4.700M -$71.88M
YoY Change -61.67% 409.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.844M 540.0K
YoY Change 328.96% -64.47%
NET CHANGE
Cash From Operating Activities 52.05M 35.53M
Cash From Investing Activities -4.700M -71.88M
Cash From Financing Activities 2.844M 540.0K
Net Change In Cash 50.20M -35.81M
YoY Change 101.59% -286.33%
FREE CASH FLOW
Cash From Operating Activities $52.05M $35.53M
Capital Expenditures $4.700M $4.640M
Free Cash Flow $47.35M $30.89M
YoY Change 95.37% -32.74%

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CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 dvh Stock Repurchased During Period Value Held In Treasury
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022Q3 us-gaap Stock Repurchased During Period Value
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11080000
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2391000
CY2022Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity
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us-gaap Profit Loss
ProfitLoss
38361000
us-gaap Profit Loss
ProfitLoss
25200000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
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3629000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29365000
us-gaap Depreciation Depletion And Amortization
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dvh Amortization Of Debt Issuance Costs
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dvh Amortization Of Debt Issuance Costs
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dvh Non Cash Lease Expenses
NonCashLeaseExpenses
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dvh Non Cash Lease Expenses
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dvh Deferred Income Tax Expense Benefit And Adjustments
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dvh Deferred Income Tax Expense Benefit And Adjustments
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Interest Income Expense Net
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Other Operating Activities Cash Flow Statement
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable Trade
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2475000
us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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67240000
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Long Term Lines Of Credit
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50000000
us-gaap Repayments Of Long Term Lines Of Credit
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50000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7810000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4907000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1138000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
768000
us-gaap Payments Of Stock Issuance Costs
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1605000
us-gaap Finance Lease Principal Payments
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1286000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3698000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9683000
us-gaap Net Cash Provided By Used In Financing Activities
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3645000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21080000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
267938000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221725000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259331000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242805000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
259212000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
242687000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
119000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
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118000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259331000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
242805000
us-gaap Income Taxes Paid Net
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52738000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10210000
us-gaap Interest Paid Net
InterestPaidNet
427000
us-gaap Interest Paid Net
InterestPaidNet
519000
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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80060000
us-gaap Capital Lease Obligations Incurred
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5479000
us-gaap Capital Expenditures Incurred But Not Yet Paid
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5305000
dvh Share Based Compensation Included In Capitalized Software Development Costs
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708000
dvh Share Based Compensation Included In Capitalized Software Development Costs
ShareBasedCompensationIncludedInCapitalizedSoftwareDevelopmentCosts
367000
dvh Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Value Of Shares Issued
NonCashOrPartNonCashAcquisitionNonCashFinancialOrEquityInstrumentConsiderationValueOfSharesIssued
52937000
dvh Noncash Or Part Noncash Acquisition Contingent Consideration Issued
NoncashOrPartNoncashAcquisitionContingentConsiderationIssued
1193000
us-gaap Number Of Reportable Segments
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1
us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;text-decoration-line:underline;text-decoration-style:solid;">Use of Estimates and Judgments in the Preparation of the Condensed Consolidated Financial Statements</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">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 the reported amounts of revenue and expense during the reporting periods. Significant estimates and judgments are inherent in the analysis and measurement of items including, but not limited to: revenue recognition criteria including the determination of principal versus agent revenue considerations, income taxes, the valuation and recoverability of goodwill and intangible assets, the assessment of potential loss from contingencies, assumptions in valuing acquired assets and liabilities assumed in business combinations, the allowance for doubtful accounts, and assumptions used in determining the fair value of stock-based compensation. Management bases its estimates and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in those estimates. These estimates are based on the information available as of the date of the Condensed Consolidated Financial Statements<i style="font-style:italic;">.</i></p>
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
143974000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112254000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
400312000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
318782000
CY2023Q3 us-gaap Unbilled Receivables Current
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51900000
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
52700000
CY2022Q4 us-gaap Goodwill
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343011000
us-gaap Goodwill Acquired During Period
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92053000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
3757000
CY2023Q3 us-gaap Goodwill
Goodwill
431307000
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
265955000
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
118649000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
147306000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
234308000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
98879000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
135429000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7400000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20000000.0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18800000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7951000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
28565000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
26618000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
21865000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17984000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
14888000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
29435000
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FiniteLivedIntangibleAssetsNet
147306000
us-gaap Impairment Of Intangible Assets Finitelived
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0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34045000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26401000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55764000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47034000
CY2023Q3 us-gaap Depreciation
Depreciation
3300000
CY2022Q3 us-gaap Depreciation
Depreciation
1900000
us-gaap Depreciation
Depreciation
9400000
us-gaap Depreciation
Depreciation
6600000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2614000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2641000
us-gaap Operating Lease Cost
OperatingLeaseCost
7783000
us-gaap Operating Lease Cost
OperatingLeaseCost
8266000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
620000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
244000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1151000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
946000
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
83000
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
32000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
149000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
111000
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
219000
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
304000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
708000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
832000
CY2023Q3 us-gaap Sublease Income
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266000
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
267000
us-gaap Sublease Income
SubleaseIncome
800000
us-gaap Sublease Income
SubleaseIncome
356000
CY2023Q3 us-gaap Lease Cost
LeaseCost
3270000
CY2022Q3 us-gaap Lease Cost
LeaseCost
2954000
us-gaap Lease Cost
LeaseCost
8991000
us-gaap Lease Cost
LeaseCost
9799000
CY2023Q3 us-gaap Operating Lease Payments
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CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1385000
us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Operating Lease Payments
OperatingLeasePayments
3704000
CY2023Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
38000
CY2022Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
24000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
78000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
96000
CY2023Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
577000
CY2022Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
379000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1605000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1286000
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y2M12D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.053
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.037
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2674000
CY2023Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1415000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8826000
CY2023Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2584000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8061000
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2150000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6840000
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
819000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6651000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6746000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
74037000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
113835000
CY2023Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6968000
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
31953000
CY2023Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
461000
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
81882000
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
6507000
CY2023Q3 dvh Line Of Credit Facility Maximum Total Leverage Ratio
LineOfCreditFacilityMaximumTotalLeverageRatio
3.5
CY2023Q3 dvh Line Of Credit Facility Minimum Fixed Charge Coverage Ratio
LineOfCreditFacilityMinimumFixedChargeCoverageRatio
1.25
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15800000
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
CY2023Q3 dvh Effective Income Tax Rate Reconciliation Discrete Items
EffectiveIncomeTaxRateReconciliationDiscreteItems
-0.001
dvh Effective Income Tax Rate Reconciliation Discrete Items
EffectiveIncomeTaxRateReconciliationDiscreteItems
-0.035
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3600000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4100000
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.259
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.141
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
13347000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
10331000
us-gaap Net Income Loss
NetIncomeLoss
38361000
us-gaap Net Income Loss
NetIncomeLoss
25200000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
168606000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164297000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
166937000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163512000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5374000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6579000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5875000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7046000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173980000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170876000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172812000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170558000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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7800000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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5300000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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11861000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.43
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M1D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
129323000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
861000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
25.24
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1942000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.97
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
64000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
25.86
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10716000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M15D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
138907000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3642000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
24.17
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y4M2D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
19273000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6842000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.33
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y1M24D
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
119013000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.46
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.44
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
54100000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
27500000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.036
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.465
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
134900000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y4M24D
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15791000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10971000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42771000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31224000
CY2023Q3 dvh Accrued Vendor Payments Current
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6485000
CY2022Q4 dvh Accrued Vendor Payments Current
AccruedVendorPaymentsCurrent
4824000
CY2023Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
14159000
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
17718000
CY2023Q3 us-gaap Accrued Salaries Current
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15991000
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
7024000
CY2023Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
2257000
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
2144000
CY2023Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2859000
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1375000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
41751000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
33085000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1600000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6800000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-200000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-400000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
true
CY2023Q3 dvh Rule10b51arrmodified Flag
Rule10b51arrmodifiedFlag
true
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
true

Files In Submission

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dv-20230930_cal.xml Edgar Link unprocessable
0001558370-23-018618-index-headers.html Edgar Link pending
0001558370-23-018618-index.html Edgar Link pending
0001558370-23-018618.txt Edgar Link pending
0001558370-23-018618-xbrl.zip Edgar Link pending
dv-20230930.xsd Edgar Link pending
dv-20230930x10q.htm Edgar Link pending
dv-20230930xex31d1.htm Edgar Link pending
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dv-20230930xex32d1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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dv-20230930_def.xml Edgar Link unprocessable
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dv-20230930x10q_htm.xml Edgar Link completed
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