2023 Q2 Form 10-Q Financial Statement
#000027750923000033 Filed on May 02, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $442.4M | $385.5M |
YoY Change | 20.64% | 16.75% |
Cost Of Revenue | $325.1M | $289.7M |
YoY Change | 17.41% | 13.83% |
Gross Profit | $117.3M | $95.80M |
YoY Change | 30.62% | 26.55% |
Gross Profit Margin | 26.51% | 24.85% |
Selling, General & Admin | $53.40M | $52.00M |
YoY Change | 26.84% | 19.27% |
% of Gross Profit | 45.52% | 54.28% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $15.50M | $14.30M |
YoY Change | 13.14% | 6.72% |
% of Gross Profit | 13.21% | 14.93% |
Operating Expenses | $53.40M | $52.00M |
YoY Change | 26.84% | 19.27% |
Operating Profit | $59.40M | $39.50M |
YoY Change | 28.57% | 38.6% |
Interest Expense | $5.600M | $4.700M |
YoY Change | 194.74% | 261.54% |
% of Operating Profit | 9.43% | 11.9% |
Other Income/Expense, Net | -$1.100M | -$100.0K |
YoY Change | -466.67% | -125.0% |
Pretax Income | $52.70M | $34.70M |
YoY Change | 18.16% | 25.72% |
Income Tax | $12.40M | $7.300M |
% Of Pretax Income | 23.53% | 21.04% |
Net Earnings | $40.30M | $27.40M |
YoY Change | 20.3% | 33.66% |
Net Earnings / Revenue | 9.11% | 7.11% |
Basic Earnings Per Share | $0.66 | $0.45 |
Diluted Earnings Per Share | $0.66 | $0.45 |
COMMON SHARES | ||
Basic Shares Outstanding | 60.89M shares | 60.75M shares |
Diluted Shares Outstanding | 61.40M shares | 61.30M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $48.80M | $38.40M |
YoY Change | 56.41% | -2.04% |
Cash & Equivalents | $48.80M | $38.40M |
Short-Term Investments | ||
Other Short-Term Assets | $24.40M | $18.70M |
YoY Change | 27.08% | -1.06% |
Inventory | $339.4M | $317.6M |
Prepaid Expenses | $24.40M | $18.70M |
Receivables | $193.4M | $191.6M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $606.0M | $566.3M |
YoY Change | 26.28% | 21.99% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $189.1M | $180.8M |
YoY Change | 9.81% | 6.1% |
Goodwill | $475.4M | $458.4M |
YoY Change | 10.38% | 6.28% |
Intangibles | $216.7M | $212.8M |
YoY Change | 6.54% | 4.52% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $18.60M | $18.30M |
YoY Change | -3.63% | -5.18% |
Total Long-Term Assets | $1.055B | $1.018B |
YoY Change | 9.42% | 5.94% |
TOTAL ASSETS | ||
Total Short-Term Assets | $606.0M | $566.3M |
Total Long-Term Assets | $1.055B | $1.018B |
Total Assets | $1.661B | $1.584B |
YoY Change | 15.02% | 11.17% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $86.70M | $95.60M |
YoY Change | 11.3% | 18.46% |
Accrued Expenses | $82.00M | $79.10M |
YoY Change | 5.81% | 10.17% |
Deferred Revenue | $26.60M | $26.10M |
YoY Change | 12.71% | -8.42% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $2.400M | $1.600M |
YoY Change | 242.86% | 220.0% |
Total Short-Term Liabilities | $198.4M | $203.1M |
YoY Change | 10.41% | 11.9% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $406.1M | $373.2M |
YoY Change | 24.53% | 13.37% |
Other Long-Term Liabilities | $21.10M | $16.40M |
YoY Change | 51.8% | 21.48% |
Total Long-Term Liabilities | $21.10M | $16.40M |
YoY Change | 51.8% | 21.48% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $198.4M | $203.1M |
Total Long-Term Liabilities | $21.10M | $16.40M |
Total Liabilities | $736.8M | $702.3M |
YoY Change | 16.09% | 10.2% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $838.3M | $804.1M |
YoY Change | 15.36% | 15.1% |
Common Stock | $350.8M | $344.4M |
YoY Change | 5.79% | 4.87% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $185.5M | $183.1M |
YoY Change | 8.99% | 9.97% |
Treasury Stock Shares | 8.800M shares | |
Shareholders Equity | $923.9M | $882.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.661B | $1.584B |
YoY Change | 15.02% | 11.17% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $40.30M | $27.40M |
YoY Change | 20.3% | 33.66% |
Depreciation, Depletion And Amortization | $15.50M | $14.30M |
YoY Change | 13.14% | 6.72% |
Cash From Operating Activities | $35.90M | $7.100M |
YoY Change | 133.12% | 1.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $9.700M | $6.000M |
YoY Change | -224.36% | -82.2% |
Acquisitions | $13.50M | |
YoY Change | 1250.0% | |
Other Investing Activities | -$42.30M | -$100.0K |
YoY Change | 984.62% | -75.0% |
Cash From Investing Activities | -$52.00M | -$19.40M |
YoY Change | 344.44% | -43.44% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 26.10M | $3.100M |
YoY Change | -333.04% | -88.12% |
NET CHANGE | ||
Cash From Operating Activities | 35.90M | $7.100M |
Cash From Investing Activities | -52.00M | -$19.40M |
Cash From Financing Activities | 26.10M | $3.100M |
Net Change In Cash | 10.00M | -$9.100M |
YoY Change | -233.33% | 600.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $35.90M | $7.100M |
Capital Expenditures | $9.700M | $6.000M |
Free Cash Flow | $26.20M | $1.100M |
YoY Change | 12.93% | -104.12% |
Facts In Submission
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Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
39900000 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
38900000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
50300000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
51000000.0 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
16400000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
13000000.0 | usd |
CY2023Q1 | us-gaap |
Liabilities
Liabilities
|
702300000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
663400000 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000.0 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
69700000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
69500000 | shares |
CY2023Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
69700000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
69500000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
274700000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
271800000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
804100000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
782200000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
8800000 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
8800000 | shares |
CY2023Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
183100000 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
178600000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-83400000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-84000000.0 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
882000000.0 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
860900000 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1584300000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1524300000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27400000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20500000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14300000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
13400000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2000000.0 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2400000 | usd |
CY2023Q1 | fss |
Changes In Fair Value Of Contingent Consideration And Deferred Payment
ChangesInFairValueOfContingentConsiderationAndDeferredPayment
|
200000 | usd |
CY2022Q1 | fss |
Changes In Fair Value Of Contingent Consideration And Deferred Payment
ChangesInFairValueOfContingentConsiderationAndDeferredPayment
|
0 | usd |
CY2023Q1 | fss |
Amortization Of Interest Rate Swap Settlement Gain
AmortizationOfInterestRateSwapSettlementGain
|
600000 | usd |
CY2022Q1 | fss |
Amortization Of Interest Rate Swap Settlement Gain
AmortizationOfInterestRateSwapSettlementGain
|
0 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-300000 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
300000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
35500000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
29600000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7100000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7000000.0 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6000000.0 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
33700000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
13500000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1000000.0 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-100000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-400000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19400000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34300000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
12600000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
46800000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
13600000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3800000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1500000 | usd |
CY2023Q1 | fss |
Other Paymentsto Acquire Businesses Financing Activity
OtherPaymentstoAcquireBusinessesFinancingActivity
|
500000 | usd |
CY2022Q1 | fss |
Other Paymentsto Acquire Businesses Financing Activity
OtherPaymentstoAcquireBusinessesFinancingActivity
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
5500000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
5500000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
400000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-100000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-100000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3100000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
26100000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
100000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-100000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-9100000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1300000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47500000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40500000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38400000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39200000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
860900000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27400000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
600000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.09 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
5500000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2000000.0 | usd |
CY2023Q1 | fss |
Stock Issued During Period Value Stock Option Exercises And Other
StockIssuedDuringPeriodValueStockOptionExercisesAndOther
|
-100000 | usd |
CY2023Q1 | fss |
Stock Issued During Period Value Performance Share Units Net Of Shares Paid For Taxes
StockIssuedDuringPeriodValuePerformanceShareUnitsNetOfSharesPaidForTaxes
|
-3300000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
882000000.0 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
784000000.0 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20500000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1500000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.09 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
5500000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2400000 | usd |
CY2022Q1 | fss |
Stock Issued During Period Value Stock Option Exercises And Other
StockIssuedDuringPeriodValueStockOptionExercisesAndOther
|
-200000 | usd |
CY2022Q1 | fss |
Stock Issued During Period Value Performance Share Units Net Of Shares Paid For Taxes
StockIssuedDuringPeriodValuePerformanceShareUnitsNetOfSharesPaidForTaxes
|
-1300000 | usd |
CY2022Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
13600000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
787800000 | usd |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
373600000 | usd |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and (iii) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div> | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
385500000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
330200000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
385500000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
330200000 | usd |
CY2023Q1 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
Contract liabilities are recognized as Net sales when the related performance obligations are satisfied, which generally occurs within three to six months of the cash receipt. | |
CY2023Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
29800000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
28900000 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
107000000.0 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
107000000.0 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
97500000 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
175000000.0 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
164300000 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
35600000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
30900000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
317600000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
292700000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
361000000.0 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1900000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
375500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
363000000.0 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1600000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
800000 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
700000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
700000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
373200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
361500000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
37600000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
55000000.0 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
10700000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
25000000.0 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
8200000 | usd |
CY2023Q1 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
800000 | usd |
CY2022Q4 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
300000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
453400000 | usd |
CY2023Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
4500000 | usd |
CY2023Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-500000 | usd |
CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
458400000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
165000000.0 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
59000000.0 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
106000000.0 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
159400000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
55400000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
104000000.0 | usd |
CY2023Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
106800000 | usd |
CY2023Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
106800000 | usd |
CY2022Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
104200000 | usd |
CY2022Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
104200000 | usd |
CY2023Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
271800000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
59000000.0 | usd |
CY2023Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
212800000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
263600000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
55400000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
208200000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P12Y | |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3600000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3300000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
14200000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
14100000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
13100000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
39700000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7300000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.210 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7100000 | usd |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.257 | |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
900000 | usd |
CY2023Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
500000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
13200000 | usd |
CY2023Q1 | fss |
Tax Benefit From Interest Of Stock Deduction
TaxBenefitFromInterestOfStockDeduction
|
1400000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
|
100000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
|
0 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
30500000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
9300000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
9700000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
1800000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
1400000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
1800000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
9200000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
9300000 | usd |
CY2012Q4 | fss |
Loss Contingency Number Of Plaintiffs Dismissed
LossContingencyNumberOfPlaintiffsDismissed
|
2 | |
CY2017Q2 | us-gaap |
Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
|
100000 | usd |
CY2018Q1 | fss |
Settlement Offer Per Eligible Plaintiff Who Has Already Filed A Lawsuit
SettlementOfferPerEligiblePlaintiffWhoHasAlreadyFiledALawsuit
|
700 | usd |
CY2018Q1 | fss |
Settlement Offer Per Eligible Plaintiff Who Has Not Already Filed A Lawsuit
SettlementOfferPerEligiblePlaintiffWhoHasNotAlreadyFiledALawsuit
|
300 | usd |
CY2018Q1 | fss |
Number Of Firefighters Considered As Part Of The Settlement
NumberOfFirefightersConsideredAsPartOfTheSettlement
|
2160 | |
CY2018Q1 | us-gaap |
Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
|
921 | |
CY2018Q1 | fss |
Number Of Firefighters Considered As Part Of The Settlement
NumberOfFirefightersConsideredAsPartOfTheSettlement
|
2160 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27400000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20500000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
60700000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
60700000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
600000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
600000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
700000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61300000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61400000 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.09 | |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
5500000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
395370 | shares |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
13600000 | usd |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
385500000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
330200000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
39500000 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
28500000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
4700000 | usd |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
1300000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000 | usd |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
400000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
34700000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
27600000 | usd |
CY2023Q1 | us-gaap |
Assets
Assets
|
1584300000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
1524300000 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
-500000 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2700000 | usd |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2700000 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
4000000.0 | usd |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
0 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
-500000 | usd |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
0 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
-200000 | usd |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
0 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
6000000.0 | usd |
CY2022Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2700000 | usd |