2022 Q2 Form 10-Q Financial Statement
#000004288822000019 Filed on April 27, 2022
Income Statement
Concept | 2022 Q2 | 2021 Q1 |
---|---|---|
Revenue | $494.3M | $454.1M |
YoY Change | -2.54% | 21.57% |
Cost Of Revenue | $239.8M | $206.8M |
YoY Change | -1.45% | 18.21% |
Gross Profit | $254.5M | $247.3M |
YoY Change | -3.54% | 24.52% |
Gross Profit Margin | 51.48% | 54.46% |
Selling, General & Admin | $107.0M | $99.48M |
YoY Change | -1.42% | 8.44% |
% of Gross Profit | 42.06% | 40.22% |
Research & Development | $19.08M | $19.57M |
YoY Change | -10.88% | 14.58% |
% of Gross Profit | 7.5% | 7.91% |
Depreciation & Amortization | $15.57M | $14.52M |
YoY Change | 1.68% | 11.12% |
% of Gross Profit | 6.12% | 5.87% |
Operating Expenses | $126.1M | $119.0M |
YoY Change | -2.98% | 9.4% |
Operating Profit | $128.4M | $128.3M |
YoY Change | -4.09% | 42.84% |
Interest Expense | $5.287M | $2.428M |
YoY Change | 109.14% | -2.33% |
% of Operating Profit | 4.12% | 1.89% |
Other Income/Expense, Net | -$153.0K | -$121.0K |
YoY Change | -135.25% | -97.68% |
Pretax Income | $122.9M | $125.7M |
YoY Change | -6.7% | 53.15% |
Income Tax | $22.08M | $20.05M |
% Of Pretax Income | 17.96% | 15.95% |
Net Earnings | $100.8M | $105.7M |
YoY Change | -8.42% | 45.14% |
Net Earnings / Revenue | 20.4% | 23.27% |
Basic Earnings Per Share | $0.59 | $0.63 |
Diluted Earnings Per Share | $0.58 | $0.61 |
COMMON SHARES | ||
Basic Shares Outstanding | 169.2M shares | 168.8M shares |
Diluted Shares Outstanding | 174.7M shares | 173.8M shares |
Balance Sheet
Concept | 2022 Q2 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $380.5M | $460.6M |
YoY Change | -21.19% | 0.85% |
Cash & Equivalents | $380.5M | $460.6M |
Short-Term Investments | ||
Other Short-Term Assets | $40.59M | $31.93M |
YoY Change | 37.96% | 11.02% |
Inventory | $436.7M | $311.6M |
Prepaid Expenses | ||
Receivables | $339.4M | $323.2M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.197B | $1.127B |
YoY Change | -0.56% | 7.5% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $487.8M | $360.4M |
YoY Change | 25.75% | 8.52% |
Goodwill | $371.4M | $343.0M |
YoY Change | 3.61% | 11.78% |
Intangibles | $154.0M | $152.8M |
YoY Change | -3.66% | -3.34% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $35.59M | $44.10M |
YoY Change | -22.89% | 33.58% |
Total Long-Term Assets | $1.122B | $960.3M |
YoY Change | 9.46% | 6.87% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.197B | $1.127B |
Total Long-Term Assets | $1.122B | $960.3M |
Total Assets | $2.319B | $2.088B |
YoY Change | 4.05% | 7.21% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $88.11M | $66.24M |
YoY Change | 15.82% | 2.98% |
Accrued Expenses | $93.54M | $86.90M |
YoY Change | -11.67% | 29.12% |
Deferred Revenue | $66.67M | $45.20M |
YoY Change | 15.18% | 6.32% |
Short-Term Debt | $40.16M | $31.70M |
YoY Change | 205.86% | -30.63% |
Long-Term Debt Due | $0.00 | |
YoY Change | ||
Total Short-Term Liabilities | $402.3M | $323.5M |
YoY Change | 12.15% | 3.77% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $75.00M | $150.0M |
YoY Change | -50.0% | -62.5% |
Other Long-Term Liabilities | $12.35M | $8.600M |
YoY Change | 11.84% | -95.84% |
Total Long-Term Liabilities | $87.35M | $158.6M |
YoY Change | -45.76% | -60.35% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $402.3M | $323.5M |
Total Long-Term Liabilities | $87.35M | $158.6M |
Total Liabilities | $489.7M | $482.1M |
YoY Change | -5.79% | -32.26% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $841.5M | $642.3M |
YoY Change | 16.81% | 56.1% |
Common Stock | $931.2M | $872.2M |
YoY Change | 5.18% | 11.89% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.690B | $1.383B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.319B | $2.088B |
YoY Change | 4.05% | 7.21% |
Cashflow Statement
Concept | 2022 Q2 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $100.8M | $105.7M |
YoY Change | -8.42% | 45.14% |
Depreciation, Depletion And Amortization | $15.57M | $14.52M |
YoY Change | 1.68% | 11.12% |
Cash From Operating Activities | $31.33M | $101.7M |
YoY Change | -73.53% | 87.47% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $47.09M | $21.42M |
YoY Change | -241.17% | 13.04% |
Acquisitions | $25.02M | $0.00 |
YoY Change | ||
Other Investing Activities | $134.0K | $34.00K |
YoY Change | -100.69% | -86.72% |
Cash From Investing Activities | -$72.24M | -$21.45M |
YoY Change | 36.84% | 11.71% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $35.80M | $31.64M |
YoY Change | 7.87% | |
Common Stock Issuance & Retirement, Net | $87.41M | -$26.46M |
YoY Change | -161.12% | |
Debt Paid & Issued, Net | $75.00M | $0.00 |
YoY Change | ||
Cash From Financing Activities | -$202.9M | $3.081M |
YoY Change | 360.27% | -98.46% |
NET CHANGE | ||
Cash From Operating Activities | $31.33M | $101.7M |
Cash From Investing Activities | -$72.24M | -$21.45M |
Cash From Financing Activities | -$202.9M | $3.081M |
Net Change In Cash | -$243.8M | $81.71M |
YoY Change | -1234.97% | -65.33% |
FREE CASH FLOW | ||
Cash From Operating Activities | $31.33M | $101.7M |
Capital Expenditures | $47.09M | $21.42M |
Free Cash Flow | -$15.77M | $80.25M |
YoY Change | -110.39% | 127.42% |
Facts In Submission
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|
7088000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
105687000 | USD |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
15570000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14515000 | USD |
CY2022Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
10973000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
1842000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6618000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
14296000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
10611000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
52979000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
27541000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
9216000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
9323000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-35341000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-6949000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-136000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
2867000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-8690000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
4493000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
923000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-1425000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
31325000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
101669000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
47093000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21415000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
25016000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2022Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
134000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
34000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-72243000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21449000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-3420000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
9667000 | USD |
CY2022Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2022Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
75000000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1404000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
21294000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
26460000 | USD |
CY2022Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
108706000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1219000 | USD |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
35801000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
31642000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-202852000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3081000 | USD |
CY2022Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-45000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1594000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-243815000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
81707000 | USD |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
20075000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
624302000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
378909000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
380487000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
460616000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1709343000 | USD |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
108706000 | USD |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6670000 | USD |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100843000 | USD |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.210 | |
CY2022Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
35708000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2260000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1690256000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1283904000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
26460000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6008000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
105687000 | USD |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.188 | |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
31723000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7834000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1382502000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Assets
Assets
|
2319445000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
454129000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
494285000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
454129000 | USD |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
128363000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
128286000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
2443198000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
494285000 | USD |
CY2022Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
487805000 | USD |
CY2021Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
451061000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100843000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
105687000 | USD |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
169809000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
168948000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4869000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4900000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
174678000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
173848000 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1250000 | shares |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
700000 | shares |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9575000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
39.31 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
7296000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
33.75 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
831000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
71.73 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
162000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
22.90 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
19000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
43.06 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
10225000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
42.20 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
7751000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
35.67 | |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7100000 | USD |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6600000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
18400000 | USD |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y3M18D | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-80169000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-2960000 | USD |
CY2022Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
700000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-82429000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-124165000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-10470000 | USD |
CY2021Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
2636000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-131999000 | USD |
CY2022Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
330000000 | USD |
CY2022Q2 | us-gaap |
Other Receivables
OtherReceivables
|
9000000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
315000000 | USD |
CY2021Q4 | us-gaap |
Other Receivables
OtherReceivables
|
10000000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3254000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3745000 | USD |
CY2022Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3220000 | USD |
CY2021Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
158000 | USD |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
33000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
104000 | USD |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
33000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
-75000 | USD |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
6474000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3724000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
194563000 | USD |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
166922000 | USD |
CY2022Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
126214000 | USD |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
117063000 | USD |
CY2022Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
205893000 | USD |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
185291000 | USD |
CY2022Q2 | us-gaap |
Inventory Gross
InventoryGross
|
526670000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4600000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4300000 | USD |
CY2021Q4 | us-gaap |
Inventory Gross
InventoryGross
|
469276000 | USD |
CY2022Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
89929000 | USD |
CY2021Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
86975000 | USD |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
436741000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
382301000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
294210000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
129456000 | USD |
CY2022Q2 | ggg |
Intangible Assets Translation Adjustments
IntangibleAssetsTranslationAdjustments
|
-10748000 | USD |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
154006000 | USD |
CY2021Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
284112000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
124843000 | USD |
CY2021 | ggg |
Intangible Assets Translation Adjustments
IntangibleAssetsTranslationAdjustments
|
-9529000 | USD |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
149740000 | USD |
CY2022Q2 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-1716000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
14503000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
17776000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
16533000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
15967000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
9155000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
19016000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
356255000 | USD |
CY2022Q2 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
16862000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
371401000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
11576000 | USD |
CY2021Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
9303000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
14560000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
14463000 | USD |
CY2022Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
10141000 | USD |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
15872000 | USD |
CY2022Q2 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
3921000 | USD |
CY2021Q4 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
15746000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
66668000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
60554000 | USD |
CY2022Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
12481000 | USD |
CY2021Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
5200000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
18713000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
18614000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9449000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9096000 | USD |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
43049000 | USD |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
42311000 | USD |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
190558000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
191159000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
14463000 | USD |
CY2022Q2 | us-gaap |
Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
|
38000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
2043000 | USD |
CY2022Q2 | ggg |
Product Warranty Margin Reversed
ProductWarrantyMarginReversed
|
791000 | USD |
CY2022Q2 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2775000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
14560000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
66700000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
60600000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
22500000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
22500000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
40900000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
40900000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2022Q2 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
21892000 | USD |
CY2021Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
18347000 | USD |
CY2022Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
75000000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
80000000 | USD |
CY2022Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-04-01 | |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
150000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
165000000 | USD |