2023 Q2 Form 10-K Financial Statement

#000162828023023772 Filed on June 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 2021
Revenue $738.1M $2.864B $1.820B
YoY Change 1.53% 8.34% -7.96%
Cost Of Revenue $88.60M $266.9M $81.93M
YoY Change 109.57% 103.55% -37.22%
Gross Profit $649.5M $2.597B $1.738B
YoY Change -5.14% 3.37% -5.89%
Gross Profit Margin 88.0% 90.68% 95.5%
Selling, General & Admin $556.7M $2.158B $1.490B
YoY Change 5.08% 9.63% -4.33%
% of Gross Profit 85.7% 83.09% 85.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.98M $68.34M $61.85M
YoY Change 11.38% 7.58% 11.81%
% of Gross Profit 2.77% 2.63% 3.56%
Operating Expenses $574.6M $2.226B $1.552B
YoY Change 5.27% 9.57% -3.76%
Operating Profit $74.89M $316.3M $155.8M
YoY Change -46.06% -32.7% -11.5%
Interest Expense $8.924M -$25.86M -$29.28M
YoY Change -119.5% 2.26% 31.98%
% of Operating Profit 11.92% -8.18% -18.79%
Other Income/Expense, Net -$15.16M $5.261M $37.19M
YoY Change -160.45% -144.28% -1391.91%
Pretax Income $67.24M $295.7M $163.7M
YoY Change -43.09% -31.68% 8.44%
Income Tax $19.11M $82.68M $48.14M
% Of Pretax Income 28.42% 27.96% 29.41%
Net Earnings $46.42M $209.5M $114.5M
YoY Change -49.36% -35.8% 9.06%
Net Earnings / Revenue 6.29% 7.32% 6.29%
Basic Earnings Per Share $3.98 $2.11
Diluted Earnings Per Share $0.90 $3.95 $2.09
COMMON SHARES
Basic Shares Outstanding 52.18M shares 51.48M shares 52.93M
Diluted Shares Outstanding 51.88M shares 53.41M

Balance Sheet

Concept 2023 Q2 2023 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $888.9M $888.9M $914.4M
YoY Change -14.15% -14.15% 25.06%
Cash & Equivalents $844.0M $844.0M $850.8M
Short-Term Investments $44.84M $44.84M $63.67M
Other Short-Term Assets $49.22M $49.22M $30.72M
YoY Change 17.85% 17.85% 14.22%
Inventory
Prepaid Expenses
Receivables $569.6M $569.6M $448.7M
Other Receivables $131.0M $131.0M $93.23M
Total Short-Term Assets $1.639B $1.639B $1.487B
YoY Change -6.89% -6.89% 20.21%
LONG-TERM ASSETS
Property, Plant & Equipment $161.9M $304.6M $305.9M
YoY Change 17.16% -0.44% -9.44%
Goodwill $909.5M
YoY Change 25.34%
Intangibles $114.4M
YoY Change 27.47%
Long-Term Investments $203.6M $203.6M $207.1M
YoY Change 3.34% 3.34% 28.09%
Other Assets $300.1M $300.1M $234.4M
YoY Change 11.95% 11.95% 16.1%
Total Long-Term Assets $1.936B $1.936B $1.569B
YoY Change 13.56% 13.56% 4.16%
TOTAL ASSETS
Total Short-Term Assets $1.639B $1.639B $1.487B
Total Long-Term Assets $1.936B $1.936B $1.569B
Total Assets $3.574B $3.574B $3.057B
YoY Change 3.17% 3.17% 11.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $53.39M $53.39M $44.99M
YoY Change 4.82% 4.82% -1.55%
Accrued Expenses $644.5M $644.5M $496.4M
YoY Change -1.4% -1.4% 17.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.372M $1.372M $1.010M
YoY Change 30.79% 30.79% -15.83%
Total Short-Term Liabilities $976.3M $976.3M $750.1M
YoY Change -0.81% -0.81% 20.17%
LONG-TERM LIABILITIES
Long-Term Debt $396.2M $399.2M $395.8M
YoY Change 0.18% 0.53% 0.0%
Other Long-Term Liabilities $27.88M $540.6M $538.0M
YoY Change 15.43% 1.83% 7.8%
Total Long-Term Liabilities $424.1M $939.8M $933.8M
YoY Change 1.06% 1.27% 4.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $976.3M $976.3M $750.1M
Total Long-Term Liabilities $424.1M $939.8M $933.8M
Total Liabilities $1.921B $1.926B $1.690B
YoY Change 0.34% 0.32% 11.02%
SHAREHOLDERS EQUITY
Retained Earnings $1.311B
YoY Change 15.56%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.648B $1.648B $1.366B
YoY Change
Total Liabilities & Shareholders Equity $3.574B $3.574B $3.057B
YoY Change 3.17% 3.17% 11.4%

Cashflow Statement

Concept 2023 Q2 2023 2021
OPERATING ACTIVITIES
Net Income $46.42M $209.5M $114.5M
YoY Change -49.36% -35.8% 9.06%
Depreciation, Depletion And Amortization $17.98M $68.34M $61.85M
YoY Change 11.38% 7.58% 11.81%
Cash From Operating Activities $251.1M $343.9M $251.4M
YoY Change -10.38% -31.45% 6.38%
INVESTING ACTIVITIES
Capital Expenditures $16.33M $70.38M $31.12M
YoY Change -197.53% 42.46% -24.93%
Acquisitions $254.8M $0.00
YoY Change 90.39% -100.0%
Other Investing Activities -$141.8M -$253.1M -$30.26M
YoY Change 356.91% 87.58% -80.76%
Cash From Investing Activities -$158.1M -$323.5M -$61.38M
YoY Change 230.94% 75.49% -69.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $95.46M $30.39M
YoY Change -0.83% -67.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -22.06M -$152.2M -66.89M
YoY Change -70.43% 10.72% -253.12%
NET CHANGE
Cash From Operating Activities 251.1M $343.9M 251.4M
Cash From Investing Activities -158.1M -$323.5M -61.38M
Cash From Financing Activities -22.06M -$152.2M -66.89M
Net Change In Cash 70.93M -$134.0M 161.5M
YoY Change -55.05% -205.31% 156.88%
FREE CASH FLOW
Cash From Operating Activities $251.1M $343.9M $251.4M
Capital Expenditures $16.33M $70.38M $31.12M
Free Cash Flow $234.8M $273.5M $220.3M
YoY Change -20.93% -39.52% 13.04%

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CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2023 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Stock Issued During Period Value New Issues
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28361000 usd
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CY2023 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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CY2023 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
7392000 usd
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
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4375000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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1915000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
22493000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
21552000 usd
CY2021 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
10576000 usd
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LifeInsuranceCorporateOrBankOwnedChangeInValue
5819000 usd
CY2021 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
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CY2023 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
2874000 usd
CY2022 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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CY2021 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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38529000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
52291000 usd
CY2022 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
27197000 usd
CY2021 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
64005000 usd
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IncreaseDecreaseInAccountsReceivable
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IncreaseDecreaseInAccountsReceivable
138627000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67331000 usd
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IncreaseDecreaseInOtherReceivables
25615000 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
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CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5884000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9534000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3902000 usd
CY2023 kfy Increase Decrease In Unearned Compensation
IncreaseDecreaseInUnearnedCompensation
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CY2022 kfy Increase Decrease In Unearned Compensation
IncreaseDecreaseInUnearnedCompensation
23425000 usd
CY2021 kfy Increase Decrease In Unearned Compensation
IncreaseDecreaseInUnearnedCompensation
32935000 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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12751000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
191447000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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122687000 usd
CY2023 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1320000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5751000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
343894000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
501658000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
251433000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
254750000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
133802000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70382000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49406000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31122000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
53530000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
82015000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
103499000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
65878000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
92472000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
69683000 usd
CY2023 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
15219000 usd
CY2022 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
15218000 usd
CY2021 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
15353000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
150000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
255000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
205000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-323477000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
95463000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
96258000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30387000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
22232000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18532000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4989000 usd
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
7606000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
6919000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
5706000 usd
CY2023 kfy Repayment Of Life Insurance Policy Loans
RepaymentOfLifeInsurancePolicyLoans
2760000 usd
CY2022 kfy Repayment Of Life Insurance Policy Loans
RepaymentOfLifeInsurancePolicyLoans
178000 usd
CY2021 kfy Repayment Of Life Insurance Policy Loans
RepaymentOfLifeInsurancePolicyLoans
12279000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1639000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1157000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1324000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32971000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26786000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22498000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-152180000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137444000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-66886000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2283000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-52590000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
38366000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-134046000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
127292000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
161534000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
978070000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
850778000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
689244000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
844024000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
978070000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
850778000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
25409000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
24607000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
25207000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
134741000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
107602000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
55317000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
8 segment
CY2023 kfy Number Of Line Of Business
NumberOfLineOfBusiness
5 business
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.11
CY2022Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Foreign Currency Forward Contracts Not Designated as Hedges</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company has established a program that primarily utilizes foreign currency forward contracts to offset the risks associated with the effects of certain foreign currency exposures primarily originating from intercompany balances due to cross border work performed in the ordinary course of business. These foreign currency forward contracts are neither used for trading purposes nor are they designated as hedging instruments pursuant to ASC 815, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Derivatives and Hedging</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. Accordingly, the fair value of these contracts is recorded as of the end of the reporting period in the accompanying consolidated balance sheets, while the change in fair value is recorded to the accompanying consolidated statements of income.</span></div>
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.09
CY2022Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
175783000 usd
CY2022Q2 kfy Other Accrued Liabilities Including Foreign Currency Forward Contracts
OtherAccruedLiabilitiesIncludingForeignCurrencyForwardContracts
204000 usd
CY2023Q2 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent
172200000 usd
CY2022Q2 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent
160800000 usd
CY2023Q2 kfy Deferred Compensation Plans Unvested Obligations
DeferredCompensationPlansUnvestedObligations
21900000 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
5500000 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
7400000 usd
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
978070000 usd
CY2022Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
57244000 usd
CY2023 kfy Corridor Rule Percentage
CorridorRulePercentage
0.10
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51883000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53401000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53405000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.04
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, investments, foreign currency forward contracts, receivables due from clients and net CSV due from insurance companies, which are discussed above. Cash equivalents include investments in money market securities and may include commercial papers while investments include mutual funds, commercial papers, corporate notes/bonds and may include US Treasury and Agency securities. Investments are diversified throughout many industries and geographic regions. The Company maintains its cash and cash equivalents in bank accounts that exceed federally insured FDIC limits. The Company has not experiences any losses in such accounts. The Company conducts periodic reviews of its customers’ financial condition and customer payment practices to minimize collection risk on accounts receivable. As of April 30, 2023 and 2022, the Company had no other significant credit concentrations.</span></div>
CY2023 us-gaap Net Income Loss
NetIncomeLoss
209529000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
326360000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
114454000 usd
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
4618000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
7343000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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