2023 Q2 Form 10-Q Financial Statement

#000139865923000017 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $1.106B $1.089B
YoY Change 1.5% 1.95%
Cost Of Revenue $715.5M $719.1M
YoY Change 0.17% 4.83%
Gross Profit $390.0M $370.2M
YoY Change 4.04% -3.2%
Gross Profit Margin 35.28% 33.99%
Selling, General & Admin $229.4M $216.5M
YoY Change -1.57% -8.77%
% of Gross Profit 58.82% 58.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.35M $18.76M
YoY Change -22.33% -24.51%
% of Gross Profit 6.75% 5.07%
Operating Expenses $229.4M $216.5M
YoY Change -5.79% -8.77%
Operating Profit $157.3M $145.1M
YoY Change 19.76% 8.39%
Interest Expense -$12.14M -$9.627M
YoY Change 20.63% -20.36%
% of Operating Profit -7.72% -6.63%
Other Income/Expense, Net $3.425M $4.030M
YoY Change -180.44% -1085.33%
Pretax Income $150.4M $138.5M
YoY Change 57.68% 10.18%
Income Tax $34.12M $32.37M
% Of Pretax Income 22.69% 23.38%
Net Earnings $116.3M $106.1M
YoY Change 62.2% 10.32%
Net Earnings / Revenue 10.52% 9.74%
Basic Earnings Per Share $0.63 $0.58
Diluted Earnings Per Share $0.63 $0.57
COMMON SHARES
Basic Shares Outstanding 184.2M shares 184.0M shares
Diluted Shares Outstanding 185.8M shares 187.6M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $495.3M $555.6M
YoY Change 6.57% -35.89%
Cash & Equivalents $491.3M $552.3M
Short-Term Investments $4.024M $3.330M
Other Short-Term Assets $21.44M $29.94M
YoY Change -90.64% 15.76%
Inventory
Prepaid Expenses $59.04M $46.31M
Receivables $1.008B $1.005B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.748B $1.734B
YoY Change 1.68% -12.66%
LONG-TERM ASSETS
Property, Plant & Equipment $179.8M $179.3M
YoY Change -54.73% -11.57%
Goodwill $1.685B $1.687B
YoY Change -2.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $294.3M $304.0M
YoY Change -25.61% -5.06%
Total Long-Term Assets $2.734B $2.772B
YoY Change -3.08% -7.17%
TOTAL ASSETS
Total Short-Term Assets $1.748B $1.734B
Total Long-Term Assets $2.734B $2.772B
Total Assets $4.482B $4.506B
YoY Change -1.28% -9.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.96M $22.71M
YoY Change 55.6% 7.65%
Accrued Expenses $138.0M $129.2M
YoY Change -65.7% 1.37%
Deferred Revenue $127.2M $147.3M
YoY Change -8.38%
Short-Term Debt $103.0M $180.0M
YoY Change -58.8% -28.0%
Long-Term Debt Due $26.14M $26.14M
YoY Change -46.89% -93.19%
Total Short-Term Liabilities $931.4M $944.5M
YoY Change -14.65% -31.72%
LONG-TERM LIABILITIES
Long-Term Debt $1.237B $1.243B
YoY Change -2.44% -1.7%
Other Long-Term Liabilities $213.9M $210.1M
YoY Change -49.94% -13.5%
Total Long-Term Liabilities $1.451B $1.453B
YoY Change -14.42% -3.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $931.4M $944.5M
Total Long-Term Liabilities $1.451B $1.453B
Total Liabilities $2.549B $2.581B
YoY Change -8.62% -17.39%
SHAREHOLDERS EQUITY
Retained Earnings $801.0M $830.8M
YoY Change 13.89%
Common Stock $1.833B $1.797B
YoY Change 5.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.933B $1.925B
YoY Change
Total Liabilities & Shareholders Equity $4.482B $4.506B
YoY Change -1.28% -9.36%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $116.3M $106.1M
YoY Change 62.2% 10.32%
Depreciation, Depletion And Amortization $26.35M $18.76M
YoY Change -22.33% -24.51%
Cash From Operating Activities $171.4M -$34.06M
YoY Change 67.54% -70.19%
INVESTING ACTIVITIES
Capital Expenditures $12.33M $12.58M
YoY Change -209.52% -24.88%
Acquisitions $682.0K
YoY Change
Other Investing Activities $8.000K -$20.18M
YoY Change -47037.21%
Cash From Investing Activities -$12.32M -$33.59M
YoY Change 9.45% 89.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $6.625M
YoY Change -22.06%
Cash From Financing Activities -216.5M -$41.25M
YoY Change -52.8% -140.65%
NET CHANGE
Cash From Operating Activities 171.4M -$34.06M
Cash From Investing Activities -12.32M -$33.59M
Cash From Financing Activities -216.5M -$41.25M
Net Change In Cash -57.36M -$108.9M
YoY Change -84.4% 255.95%
FREE CASH FLOW
Cash From Operating Activities $171.4M -$34.06M
Capital Expenditures $12.33M $12.58M
Free Cash Flow $159.1M -$46.64M
YoY Change 40.07% -64.4%

Facts In Submission

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CY2023Q1 us-gaap Property Plant And Equipment Net
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CY2023Q1 us-gaap Goodwill Purchase Accounting Adjustments
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CY2022Q4 us-gaap Goodwill
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2023Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2023Q1 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
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CY2022Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Amortization Of Intangible Assets
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CY2022 g Utilization Of Credit Facility For Non Fund Based Usage
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CY2023Q1 g Utilization Of Credit Facility For Non Fund Based Usage
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CY2023Q1 g Line Of Credit Facility Amount Utilized
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CY2023Q1 us-gaap Long Term Debt Noncurrent
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CY2023Q1 us-gaap Employee Related Liabilities Current
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CY2023Q1 g Business Combination Contingent Consideration At Fair Value Current
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CY2022Q4 g Statutory Liabilities Current
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CY2023Q1 g Statutory Liabilities Current
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CY2023Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2023Q1 g Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Right
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CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2023Q1 us-gaap Deferred Revenue
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation
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CY2023Q1 g Interest And Debt Income
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CY2023Q1 us-gaap Interest And Debt Expense
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CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2023Q1 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2023Q1 g Unrecognized Tax Benefits Increases Resulting From Effect Of Exchange Rate Changes
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CY2023Q1 us-gaap Unrecognized Tax Benefits
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CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2023Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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CY2023Q1 g Unrecognized Tax Benefits Interest On Income Taxes Expense Benefit
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CY2022Q4 us-gaap Contractual Obligation
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CY2023Q1 us-gaap Contractual Obligation
ContractualObligation
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CY2023Q1 dei Amendment Flag
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CY2023Q1 dei Document Fiscal Year Focus
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CY2023Q1 dei Document Fiscal Period Focus
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CY2023Q1 dei Entity Central Index Key
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CY2023Q1 dei Current Fiscal Year End Date
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CY2022Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
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CY2023Q1 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
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CY2023Q1 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
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CY2022Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei City Area Code
CityAreaCode
441
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
184151153 shares
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023Q1 us-gaap Accounts Receivable Net Current
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CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2023Q1 us-gaap Assets Current
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CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2023Q1 us-gaap Property Plant And Equipment Net
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Other Assets Noncurrent
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CY2023Q1 us-gaap Other Assets Noncurrent
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CY2022Q4 us-gaap Liabilities Current
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CY2023Q1 us-gaap Liabilities Current
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CY2022Q4 us-gaap Long Term Debt Noncurrent
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CY2023Q1 us-gaap Long Term Debt Noncurrent
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CY2023Q1 us-gaap Operating Lease Liability Noncurrent
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CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
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CY2023Q1 us-gaap Other Liabilities Noncurrent
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CY2022Q4 us-gaap Liabilities
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CY2023Q1 us-gaap Liabilities
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CY2023Q1 us-gaap Preferred Stock Shares Authorized
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CY2023Q1 us-gaap Cost Of Revenue
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CY2022Q1 us-gaap Gross Profit
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CY2023Q1 us-gaap Other Nonoperating Income Expense
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CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q1 us-gaap Income Tax Expense Benefit
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Earnings Per Share Diluted
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
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CommonStockDividendsPerShareDeclared
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CY2022Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Provision For Doubtful Accounts
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CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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ShareBasedCompensation
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CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2023Q1 g Increase Decrease In Prepaid Expenses Other Current Assets Contract Cost Assets Operating Lease Right Of Use Assets And Other Assets
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CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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NetCashProvidedByUsedInOperatingActivities
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NetCashProvidedByUsedInOperatingActivities
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CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2022Q1 g Payment For Divestiture Of Business
PaymentForDivestitureOfBusiness
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CY2023Q1 g Payment For Divestiture Of Business
PaymentForDivestitureOfBusiness
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CY2023Q1 us-gaap Repayments Of Long Term Debt
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CY2023Q1 us-gaap Repayments Of Short Term Debt
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CY2023Q1 g Payments For Repurchase Of Common Stock Including Related Expenses
PaymentsForRepurchaseOfCommonStockIncludingRelatedExpenses
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CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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InterestPaidNet
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CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2022Q1 us-gaap Income Taxes Paid
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CY2023Q1 us-gaap Use Of Estimates
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(b) Use of estimates<span style="color:#000000;font-family:'Georgia',serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Significant items subject to such estimates and assumptions include the useful lives of property, plant and equipment, intangible assets and goodwill, revenue recognition, allowance for credit losses, valuation allowances for deferred tax assets, the valuation of derivative financial instruments, the measurement of lease liabilities and right-of-use (“ROU”) assets, measurements of stock-based compensation, assets and obligations related to employee benefits, the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, variable consideration, other obligations for revenue recognition, income tax uncertainties and other contingencies</span><span style="color:#ee2724;font-family:'Georgia',serif;font-size:10pt;font-weight:400;line-height:120%">.</span><span style="color:#000000;font-family:'Georgia',serif;font-size:10pt;font-weight:400;line-height:120%"> Management believes that the estimates used in the preparation of the consolidated financial statements are reasonable, and management has made assumptions about the possible effects of the ongoing COVID-19 pandemic on critical and significant accounting estimates.</span><span style="color:#ee2724;font-family:'Georgia',serif;font-size:10pt;font-weight:400;line-height:120%"> </span>Although these estimates and assumptions are based upon management’s best knowledge of current events and actions, actual results could differ from these estimates. Any changes in estimates are adjusted prospectively in the Company’s consolidated financial statements.
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Georgia',serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">(m) Reclassification</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Georgia',serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made in the consolidated financial statements of prior periods to conform to the classification used in the current period. The impact of such reclassifications on the consolidated financial statements is not material.</span></div>
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 g Allowance For Credit Losses Other Assets
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CY2023Q1 g Allowance For Credit Losses Other Assets
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CY2021Q4 g Accumulated Other Comprehensive Income Cumulative Changes In Net Gain Loss From Cash Flow Hedge Effect Before Tax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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CY2023Q1 us-gaap Prepaid Taxes
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Goodwill
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CY2023Q1 us-gaap Goodwill
Goodwill
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CY2021Q4 us-gaap Goodwill
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CY2022 us-gaap Goodwill Purchase Accounting Adjustments
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CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2023Q1 us-gaap Goodwill
Goodwill
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CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2022 g Fund Based Non Fund Based Credit Facility Limit
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CY2018Q3 g Margin Over Libor For Interest Rate On Line Of Credit
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CY2023Q1 us-gaap Accrued Liabilities Current
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CY2022Q4 us-gaap Derivative Liabilities Current
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CY2023Q1 us-gaap Other Liabilities Current
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CY2023Q1 us-gaap Due To Employees Noncurrent
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CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
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CY2023Q1 us-gaap Finance Lease Liability Noncurrent
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CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
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CY2023Q1 us-gaap Other Liabilities Noncurrent
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CY2022Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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CY2023Q1 us-gaap Defined Contribution Plan Cost Recognized
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CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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CY2023Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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19.94
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2023Q1 g Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Right Fair Value Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRightFairValueShares
1 shares
CY2023Q1 g Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Award Vesting Right
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAwardVestingRight
1 shares
CY2023Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1630533 shares
CY2023Q1 g Common Stock Dividends Annual Dividend
CommonStockDividendsAnnualDividend
0.55
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
630605 shares
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
46.61
CY2023Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
47.57
CY2022Q1 g Expenses Related To Stock Purchase Extension
ExpensesRelatedToStockPurchaseExtension
33000 usd
CY2023Q1 g Expenses Related To Stock Purchase Extension
ExpensesRelatedToStockPurchaseExtension
13000 usd
CY2023Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
594924000 usd
CY2022Q1 g Percentage Increase In Quarterly Cash Dividend
PercentageIncreaseInQuarterlyCashDividend
0.16
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1075
CY2022Q1 g Common Stock Dividends Annual Dividend
CommonStockDividendsAnnualDividend
0.50
CY2021Q1 g Common Stock Dividends Annual Dividend
CommonStockDividendsAnnualDividend
0.43
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2022Q1 us-gaap Dividends
Dividends
23134000 usd
CY2023Q1 g Percentage Increase In Quarterly Cash Dividend
PercentageIncreaseInQuarterlyCashDividend
0.10
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1375
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2022Q1 g Common Stock Dividends Annual Dividend
CommonStockDividendsAnnualDividend
0.50
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1375
CY2023Q1 us-gaap Dividends
Dividends
25255000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
106101000 usd
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187586277 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 numberofoperatingsegment
CY2022Q1 g Adjusted Income Loss From Operations
AdjustedIncomeLossFromOperations
160019000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
15250000 usd
CY2022Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-12088000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29503000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
96179000 usd
CY2023Q1 g Revenue From Contract With Customer Excluding Assessed Tax And Held For Sale Business
RevenueFromContractWithCustomerExcludingAssessedTaxAndHeldForSaleBusiness
1088829000 usd
CY2023Q1 g Adjusted Income Loss From Operations
AdjustedIncomeLossFromOperations
178992000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19704000 usd
CY2023Q1 g Amortization And Impairment Of Intangible Assets Excluded From Adjusted Income From Operation
AmortizationAndImpairmentOfIntangibleAssetsExcludedFromAdjustedIncomeFromOperation
8143000 usd
CY2023Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-802000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32374000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
106101000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1068443000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1089319000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
88056000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
81288000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
42666000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8951000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
521000 usd
CY2022Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 usd
CY2023Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-802000 usd
CY2022Q1 g Other Operating Income Expense
OtherOperatingIncomeExpense
-3000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
65000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
170000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2871000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2995000 usd
CY2016 us-gaap Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
210413000 usd
CY2023Q1 us-gaap Income Tax Examination Increase Decrease In Liability From Prior Year
IncomeTaxExaminationIncreaseDecreaseInLiabilityFromPriorYear
99849000 usd

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