2023 Q3 Form 10-Q Financial Statement

#000155986523000037 Filed on August 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $173.2M $167.1M $160.6M
YoY Change 18.79% 4.05% 7.66%
Cost Of Revenue $81.30M $80.45M $74.31M
YoY Change 6.59% 8.26% 25.36%
Gross Profit $91.90M $86.62M $86.26M
YoY Change 32.17% 0.42% -4.02%
Gross Profit Margin 53.06% 51.85% 53.72%
Selling, General & Admin $30.44M $22.44M $20.05M
YoY Change 17.06% 11.9% 19.69%
% of Gross Profit 33.12% 25.9% 23.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.400M $22.33M $4.600M
YoY Change 17.39% 385.41% 4.55%
% of Gross Profit 5.88% 25.78% 5.33%
Operating Expenses $30.44M $44.77M $20.05M
YoY Change 17.06% 123.26% 19.69%
Operating Profit $39.56M $41.86M $46.65M
YoY Change 66.1% -10.27% -14.08%
Interest Expense $5.709M -$1.728M $5.932M
YoY Change -15.58% -129.13% 4.84%
% of Operating Profit 14.43% -4.13% 12.72%
Other Income/Expense, Net -$34.46M $1.591M -$5.403M
YoY Change -128.03% -129.45% 110.32%
Pretax Income $5.098M $34.64M $41.24M
YoY Change -96.53% -16.02% -20.26%
Income Tax -$4.858M $6.586M $7.688M
% Of Pretax Income -95.29% 19.01% 18.64%
Net Earnings $10.04M $28.16M $33.59M
YoY Change -92.72% -16.18% -31.73%
Net Earnings / Revenue 5.79% 16.85% 20.92%
Basic Earnings Per Share $0.16 $0.43 $0.47
Diluted Earnings Per Share $0.15 $0.43 $0.47
COMMON SHARES
Basic Shares Outstanding 64.63M shares 65.08M shares 71.48M shares
Diluted Shares Outstanding 65.78M shares 65.51M shares 72.15M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $177.8M $191.6M $288.1M
YoY Change -20.97% -33.48% 44.11%
Cash & Equivalents $177.8M $191.6M $288.1M
Short-Term Investments
Other Short-Term Assets $108.8M $92.85M $94.04M
YoY Change 82.25% -1.27% 52.25%
Inventory
Prepaid Expenses
Receivables $115.8M $109.4M $107.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $402.4M $393.9M $489.8M
YoY Change 1.36% -19.58% 37.76%
LONG-TERM ASSETS
Property, Plant & Equipment $56.96M $71.80M $48.12M
YoY Change 14.08% 49.2% 16.69%
Goodwill $434.5M $438.3M $385.5M
YoY Change 3.99% 13.67% -2.79%
Intangibles
YoY Change
Long-Term Investments $20.01M $19.31M $15.12M
YoY Change 42.21% 27.72% 12.85%
Other Assets $17.04M $34.60M $12.38M
YoY Change 27.37% 179.46% 101.37%
Total Long-Term Assets $819.1M $777.7M $679.5M
YoY Change 13.14% 14.45% -4.99%
TOTAL ASSETS
Total Short-Term Assets $402.4M $393.9M $489.8M
Total Long-Term Assets $819.1M $777.7M $679.5M
Total Assets $1.221B $1.172B $1.169B
YoY Change 8.96% 0.2% 9.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.40M $50.15M $34.44M
YoY Change 56.48% 45.61% 23.8%
Accrued Expenses $91.31M $85.94M $79.04M
YoY Change 10.28% 8.73% 32.29%
Deferred Revenue $14.40M $17.80M $21.40M
YoY Change -15.79% -16.82% -10.08%
Short-Term Debt $6.000M $0.00 $0.00
YoY Change
Long-Term Debt Due $20.75M $20.75M $22.50M
YoY Change -27.98% -7.78% 32.36%
Total Short-Term Liabilities $248.7M $198.9M $166.3M
YoY Change 39.03% 19.61% 21.48%
LONG-TERM LIABILITIES
Long-Term Debt $374.7M $379.6M $432.7M
YoY Change -12.2% -12.28% -4.7%
Other Long-Term Liabilities $9.783M $45.55M $7.879M
YoY Change 140.78% 478.14% -18.69%
Total Long-Term Liabilities $384.4M $425.2M $440.6M
YoY Change -10.75% -3.51% -5.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $248.7M $198.9M $166.3M
Total Long-Term Liabilities $384.4M $425.2M $440.6M
Total Liabilities $685.1M $637.1M $656.7M
YoY Change 2.91% -2.99% -2.38%
SHAREHOLDERS EQUITY
Retained Earnings $530.7M $529.4M $545.8M
YoY Change 10.4% -3.01% 24.95%
Common Stock $646.0K $648.0K $713.0K
YoY Change -1.37% -9.12% -0.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $532.4M $534.5M $508.7M
YoY Change
Total Liabilities & Shareholders Equity $1.221B $1.172B $1.169B
YoY Change 8.96% 0.2% 9.2%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $10.04M $28.16M $33.59M
YoY Change -92.72% -16.18% -31.73%
Depreciation, Depletion And Amortization $5.400M $22.33M $4.600M
YoY Change 17.39% 385.41% 4.55%
Cash From Operating Activities $37.30M $71.73M $59.55M
YoY Change 28.15% 20.44% -22.99%
INVESTING ACTIVITIES
Capital Expenditures $15.10M $22.16M -$25.28M
YoY Change -196.6% -187.65% 87.68%
Acquisitions
YoY Change
Other Investing Activities -$31.90M $424.0K -$6.622M
YoY Change -27.79% -106.4% -894.0%
Cash From Investing Activities -$47.00M -$21.73M -$31.90M
YoY Change -21.42% -31.87% 152.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.30M -18.04M -22.63M
YoY Change -74.7% -20.25% 24.54%
NET CHANGE
Cash From Operating Activities 37.30M 71.73M 59.55M
Cash From Investing Activities -47.00M -21.73M -31.90M
Cash From Financing Activities -10.30M -18.04M -22.63M
Net Change In Cash -20.00M 31.95M 5.023M
YoY Change -71.99% 536.05% -89.2%
FREE CASH FLOW
Cash From Operating Activities $37.30M $71.73M $59.55M
Capital Expenditures $15.10M $22.16M -$25.28M
Free Cash Flow $22.20M $49.57M $84.83M
YoY Change -50.38% -41.57% -6.57%

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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
24723000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
203702000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277707000 usd
CY2023Q2 evtc Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalents
215657000 usd
CY2022Q2 evtc Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalents
285917000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
211105000 usd
CY2023Q2 evtc Cash And Cash Equivalents Included In Settlement Assets Current
CashAndCashEquivalentsIncludedInSettlementAssetsCurrent
17542000 usd
CY2022Q2 evtc Cash And Cash Equivalents Included In Settlement Assets Current
CashAndCashEquivalentsIncludedInSettlementAssetsCurrent
8210000 usd
CY2023Q2 evtc Total Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents Included On Cash Flows
TotalCashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalentsIncludedOnCashFlows
228647000 usd
CY2022Q2 evtc Total Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents Included On Cash Flows
TotalCashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalentsIncludedOnCashFlows
310640000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
191620000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
279854000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
19485000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
22576000 usd
CY2023Q2 evtc Cash And Cash Equivalents Included In Settlement Assets Current
CashAndCashEquivalentsIncludedInSettlementAssetsCurrent
17542000 usd
CY2022Q2 evtc Cash And Cash Equivalents Included In Settlement Assets Current
CashAndCashEquivalentsIncludedInSettlementAssetsCurrent
8210000 usd
CY2023Q2 evtc Total Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents Included On Cash Flows
TotalCashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalentsIncludedOnCashFlows
228647000 usd
CY2022Q2 evtc Total Cash Cash Equivalents Cash Equivalent Included In Settlement Assets Current Restricted Cash And Restricted Cash Equivalents Included On Cash Flows
TotalCashCashEquivalentsCashEquivalentIncludedInSettlementAssetsCurrentRestrictedCashAndRestrictedCashEquivalentsIncludedOnCashFlows
310640000 usd
us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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us-gaap Income Taxes Paid
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us-gaap Income Taxes Paid
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12868000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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2930000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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CY2023Q2 us-gaap Number Of Countries In Which Entity Operates
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CY2023Q2 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Gain Maturity After Year One Through Five
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CY2023Q2 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Loss Maturity After Year One Through Five
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20000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
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2175000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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2194000 usd
CY2022Q4 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Gain Maturity After Year One Through Five
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainMaturityAfterYearOneThroughFive
9000 usd
CY2022Q4 evtc Debt Securities Available For Sale Accumulated Gross Unrealized Loss Maturity After Year One Through Five
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0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2203000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
600000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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0 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
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190474000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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177031000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
134108000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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121919000 usd
CY2023Q2 evtc Property Plant And Equipment Net Excluding Land
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56366000 usd
CY2022Q4 evtc Property Plant And Equipment Net Excluding Land
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55112000 usd
CY2023Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
1395000 usd
CY2022Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
1275000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
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57761000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56387000 usd
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5500000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10500000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4600000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9300000 usd
CY2022Q4 us-gaap Goodwill
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423392000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
6572000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
8292000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
438256000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
830054000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
616275000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
213779000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
200320000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14800000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29300000 usd
CY2023Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
1400000 usd
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
2400000 usd
CY2022Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
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us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
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CY2023Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
5800000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
6148000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
4749000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17800000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
2405000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6500000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12100000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167076000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
160571000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
326890000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
310819000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
4749000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1715000 usd
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
8900000 usd
CY2022 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
9313000 usd
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
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CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
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CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
33300000 usd
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4300000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8700000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12100000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2159000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2523000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
731000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
754000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
40000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
17000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
150000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2867000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2159000 usd
CY2023Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7845000 usd
CY2022Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8196000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12871000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15073000 usd
CY2023Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1259000 usd
CY2022Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3467000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1210000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6586000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7688000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9404000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13863000 usd
CY2023Q2 evtc Current Territory Tax Expense Benefit
CurrentTerritoryTaxExpenseBenefit
2595000 usd
CY2022Q2 evtc Current Territory Tax Expense Benefit
CurrentTerritoryTaxExpenseBenefit
3176000 usd
evtc Current Territory Tax Expense Benefit
CurrentTerritoryTaxExpenseBenefit
3775000 usd
evtc Current Territory Tax Expense Benefit
CurrentTerritoryTaxExpenseBenefit
5491000 usd
CY2023Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
47000 usd
CY2022Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
33000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
58000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
63000 usd
CY2023Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5203000 usd
CY2022Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4987000 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9038000 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9519000 usd
CY2023Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7845000 usd
CY2022Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8196000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12871000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15073000 usd
CY2023Q2 evtc Deferred Territory Income Tax Expense Benefit
DeferredTerritoryIncomeTaxExpenseBenefit
-189000 usd
CY2022Q2 evtc Deferred Territory Income Tax Expense Benefit
DeferredTerritoryIncomeTaxExpenseBenefit
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evtc Deferred Territory Income Tax Expense Benefit
DeferredTerritoryIncomeTaxExpenseBenefit
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evtc Deferred Territory Income Tax Expense Benefit
DeferredTerritoryIncomeTaxExpenseBenefit
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CY2023Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
29000 usd
CY2022Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
26000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
113000 usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3046000 usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2023Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1259000 usd
CY2022Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-508000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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124000000 usd
CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
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CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17100000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
21400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17900000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
20700000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1100000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1600000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25319000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
32357000 usd
evtc Income Tax Reconciliation Differences In Tax Rates Due To Multiple Jurisdictions
IncomeTaxReconciliationDifferencesInTaxRatesDueToMultipleJurisdictions
2350000 usd
evtc Income Tax Reconciliation Differences In Tax Rates Due To Multiple Jurisdictions
IncomeTaxReconciliationDifferencesInTaxRatesDueToMultipleJurisdictions
1155000 usd
evtc Income Tax Reconciliation Effect Of Income Subject To Tax Exemption Grant
IncomeTaxReconciliationEffectOfIncomeSubjectToTaxExemptionGrant
16219000 usd
evtc Income Tax Reconciliation Effect Of Income Subject To Tax Exemption Grant
IncomeTaxReconciliationEffectOfIncomeSubjectToTaxExemptionGrant
20440000 usd
evtc Income Tax Reconciliation Unrecognized Tax Expense Benefit
IncomeTaxReconciliationUnrecognizedTaxExpenseBenefit
69000 usd
evtc Income Tax Reconciliation Unrecognized Tax Expense Benefit
IncomeTaxReconciliationUnrecognizedTaxExpenseBenefit
122000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
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us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
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us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
884000 usd
us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
690000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9404000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13863000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28155000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33589000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58207000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
72487000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65046328 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71476850 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65007528 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
463763 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
673099 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
563925 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
843689 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65510091 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72149949 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65571453 shares
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
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0.05
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
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0.05
us-gaap Number Of Operating Segments
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4 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
us-gaap Number Of Operating Segments
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4 segment
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167076000 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
132303000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22329000 usd
CY2023Q2 evtc Income Lossfrom Equity Method Investmentsand Other Nonoperating Income Expense
IncomeLossfromEquityMethodInvestmentsandOtherNonoperatingIncomeExpense
3400000 usd
CY2023Q2 evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
60502000 usd
CY2023Q2 evtc Adjusted Ebitda Transaction Compensation And Benefits
AdjustedEBITDATransactionCompensationAndBenefits
8701000 usd
CY2023Q2 evtc Adjusted Ebitda Transaction Refinancing Exit Activity And Other Fees
AdjustedEBITDATransactionRefinancingExitActivityAndOtherFees
5609000 usd
CY2023Q2 evtc Adjusted Ebitda Transaction Loss Gain On Foreign Currency Remeasurement
AdjustedEBITDATransactionLossGainOnForeignCurrencyRemeasurement
-333000 usd
CY2023Q2 evtc Adjusted Earningsbefore Interest Taxes Depreciationand Amortization
AdjustedEarningsbeforeInterestTaxesDepreciationandAmortization
74479000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
160571000 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
113924000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19560000 usd
CY2022Q2 evtc Income Lossfrom Equity Method Investmentsand Other Nonoperating Income Expense
IncomeLossfromEquityMethodInvestmentsandOtherNonoperatingIncomeExpense
-276000 usd
CY2022Q2 evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
65931000 usd
CY2022Q2 evtc Adjusted Ebitda Transaction Compensation And Benefits
AdjustedEBITDATransactionCompensationAndBenefits
5405000 usd
CY2022Q2 evtc Adjusted Ebitda Transaction Refinancing Exit Activity And Other Fees
AdjustedEBITDATransactionRefinancingExitActivityAndOtherFees
993000 usd
CY2022Q2 evtc Adjusted Ebitda Transaction Loss Gain On Foreign Currency Remeasurement
AdjustedEBITDATransactionLossGainOnForeignCurrencyRemeasurement
1747000 usd
CY2022Q2 evtc Adjusted Earningsbefore Interest Taxes Depreciationand Amortization
AdjustedEarningsbeforeInterestTaxesDepreciationandAmortization
74076000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
326890000 usd
us-gaap Costs And Expenses
CostsAndExpenses
252027000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
41761000 usd
evtc Income Lossfrom Equity Method Investmentsand Other Nonoperating Income Expense
IncomeLossfromEquityMethodInvestmentsandOtherNonoperatingIncomeExpense
701000 usd
evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
117325000 usd
evtc Adjusted Ebitda Transaction Compensation And Benefits
AdjustedEBITDATransactionCompensationAndBenefits
14546000 usd
evtc Adjusted Ebitda Transaction Refinancing Exit Activity And Other Fees
AdjustedEBITDATransactionRefinancingExitActivityAndOtherFees
5212000 usd
evtc Adjusted Ebitda Transaction Loss Gain On Foreign Currency Remeasurement
AdjustedEBITDATransactionLossGainOnForeignCurrencyRemeasurement
4531000 usd
evtc Adjusted Earningsbefore Interest Taxes Depreciationand Amortization
AdjustedEarningsbeforeInterestTaxesDepreciationandAmortization
141614000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
310819000 usd
us-gaap Costs And Expenses
CostsAndExpenses
218127000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
38720000 usd
evtc Income Lossfrom Equity Method Investmentsand Other Nonoperating Income Expense
IncomeLossfromEquityMethodInvestmentsandOtherNonoperatingIncomeExpense
3600000 usd
evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
135012000 usd
evtc Adjusted Ebitda Transaction Compensation And Benefits
AdjustedEBITDATransactionCompensationAndBenefits
9684000 usd
evtc Adjusted Ebitda Transaction Refinancing Exit Activity And Other Fees
AdjustedEBITDATransactionRefinancingExitActivityAndOtherFees
3018000 usd
evtc Adjusted Ebitda Transaction Loss Gain On Foreign Currency Remeasurement
AdjustedEBITDATransactionLossGainOnForeignCurrencyRemeasurement
-921000 usd
evtc Adjusted Earningsbefore Interest Taxes Depreciationand Amortization
AdjustedEarningsbeforeInterestTaxesDepreciationandAmortization
146793000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
28050000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
33556000 usd
us-gaap Profit Loss
ProfitLoss
58113000 usd
us-gaap Profit Loss
ProfitLoss
72422000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6586000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7688000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7688000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9404000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13863000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3537000 usd
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5127000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-8047000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10007000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22329000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22329000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19560000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19560000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
41761000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
38720000 usd
CY2023Q2 evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
60502000 usd
CY2022Q2 evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
65931000 usd
evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
117325000 usd
evtc Earningsbefore Interest Taxes Depreciationand Amortization
EarningsbeforeInterestTaxesDepreciationandAmortization
135012000 usd
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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