2022 Q1 Form 10-K Financial Statement

#000103297522000012 Filed on May 18, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $1.230B $5.481B $1.536B
YoY Change -19.92% 4.36% 116.56%
Cost Of Revenue $736.1M $3.218B $824.7M
YoY Change -10.74% 10.34% 90.73%
Gross Profit $493.9M $2.263B $711.3M
YoY Change -30.56% -3.11% 156.89%
Gross Profit Margin 40.16% 41.29% 46.31%
Selling, General & Admin $283.4M $1.175B $342.0M
YoY Change -17.14% 25.37% 105.22%
% of Gross Profit 57.37% 51.9% 48.08%
Research & Development $78.41M $291.8M $69.00M
YoY Change 13.63% 29.12% 37.74%
% of Gross Profit 15.88% 12.9% 9.7%
Depreciation & Amortization $28.93M $88.36M $22.93M
YoY Change 26.15% 74.1% 16.77%
% of Gross Profit 5.86% 3.9% 3.22%
Operating Expenses $364.7M $1.489B $416.2M
YoY Change -12.36% 25.38% 88.02%
Operating Profit $129.2M $774.0M $295.1M
YoY Change -56.23% -32.58% 431.45%
Interest Expense -$1.345M $1.246M -$11.10M
YoY Change -87.89% -30.16% -524.95%
% of Operating Profit -1.04% 0.16% -3.76%
Other Income/Expense, Net $4.297M $560.0K -$6.000K
YoY Change -71716.67% -131.3% -100.02%
Pretax Income $131.7M $775.8M $284.0M
YoY Change -53.61% -32.43% 304.99%
Income Tax $23.52M $131.3M $58.23M
% Of Pretax Income 17.85% 16.92% 20.5%
Net Earnings $108.2M $644.5M $225.7M
YoY Change -52.07% -31.96% 5.53%
Net Earnings / Revenue 8.8% 11.76% 14.7%
Basic Earnings Per Share $3.85
Diluted Earnings Per Share $641.9K $3.78 $1.305M
COMMON SHARES
Basic Shares Outstanding 166.2M shares 167.4M shares 168.9M shares
Diluted Shares Outstanding 170.4M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.329B $1.329B $1.750B
YoY Change -24.09% -24.09% 144.61%
Cash & Equivalents $1.329B $1.329B $1.750B
Short-Term Investments
Other Short-Term Assets $135.5M $58.85M $135.7M
YoY Change -0.13% -13.38% 81.06%
Inventory $933.1M $933.1M $661.1M
Prepaid Expenses
Receivables $675.6M $675.6M $612.2M
Other Receivables $76.63M $76.63M $67.71M
Total Short-Term Assets $3.073B $3.073B $3.159B
YoY Change -2.73% -2.73% 123.36%
LONG-TERM ASSETS
Property, Plant & Equipment $109.8M $150.5M $114.1M
YoY Change -3.73% 3.61% 49.84%
Goodwill $448.2M $429.6M
YoY Change 4.32% 7.16%
Intangibles $83.78M $115.1M
YoY Change -27.24% -9.29%
Long-Term Investments $40.20M $71.50M $40.70M
YoY Change -1.23% 4.82% -3.33%
Other Assets $320.7M $208.6M $324.2M
YoY Change -1.09% -7.25% -6.02%
Total Long-Term Assets $962.5M $962.5M $983.1M
YoY Change -2.09% -2.09% 3.59%
TOTAL ASSETS
Total Short-Term Assets $3.073B $3.073B $3.159B
Total Long-Term Assets $962.5M $962.5M $983.1M
Total Assets $4.035B $4.035B $4.142B
YoY Change -2.58% -2.58% 75.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $636.3M $636.3M $823.2M
YoY Change -22.71% -22.71% 217.7%
Accrued Expenses $784.8M $551.0M $858.6M
YoY Change -8.59% -0.05% 88.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.421B $1.421B $1.682B
YoY Change -15.5% -15.5% 135.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $132.1M $213.6M $139.5M
YoY Change -5.28% 8.37% 16.96%
Total Long-Term Liabilities $132.1M $213.6M $139.5M
YoY Change -5.28% 8.37% 16.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.421B $1.421B $1.682B
Total Long-Term Liabilities $132.1M $213.6M $139.5M
Total Liabilities $1.637B $1.637B $1.881B
YoY Change -12.97% -12.97% 115.12%
SHAREHOLDERS EQUITY
Retained Earnings $2.976B $2.491B
YoY Change 19.48% 47.32%
Common Stock $173.2M $159.7M
YoY Change 8.49% 51.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $632.9M $279.5M
YoY Change 126.4% 50.37%
Treasury Stock Shares 7.855M shares 4.799M shares
Shareholders Equity $2.399B $2.399B $2.262B
YoY Change
Total Liabilities & Shareholders Equity $4.035B $4.035B $4.142B
YoY Change -2.58% -2.58% 75.27%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $108.2M $644.5M $225.7M
YoY Change -52.07% -31.96% 5.53%
Depreciation, Depletion And Amortization $28.93M $88.36M $22.93M
YoY Change 26.15% 74.1% 16.77%
Cash From Operating Activities $99.59M $298.3M $530.2M
YoY Change -81.22% -79.55% 425.77%
INVESTING ACTIVITIES
Capital Expenditures -$25.43M $89.15M -$30.03M
YoY Change -15.32% 17.01% 177.58%
Acquisitions $16.24M
YoY Change -62.7%
Other Investing Activities $6.569M -$18.71M -$43.50M
YoY Change -115.1% -57.27% -181358.33%
Cash From Investing Activities -$18.86M -$107.9M -$73.53M
YoY Change -74.35% -10.1% 581.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $412.0M
YoY Change 149.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -114.0M -$606.8M -80.73M
YoY Change 41.23% 102.32% 213.0%
NET CHANGE
Cash From Operating Activities 99.59M $298.3M 530.2M
Cash From Investing Activities -18.86M -$107.9M -73.53M
Cash From Financing Activities -114.0M -$606.8M -80.73M
Net Change In Cash -33.29M -$421.6M 376.0M
YoY Change -108.85% -140.74% 485.06%
FREE CASH FLOW
Cash From Operating Activities $99.59M $298.3M $530.2M
Capital Expenditures -$25.43M $89.15M -$30.03M
Free Cash Flow $125.0M $209.2M $560.2M
YoY Change -77.69% -84.87% 401.73%

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The Company<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Logitech International S.A, together with its consolidated subsidiaries ("Logitech" or the "Company"), designs, manufactures and markets products that help connect people to digital and cloud experiences. Forty years ago, Logitech created products to improve experiences around the personal computer ("PC") platform, and today it is a </span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">multi-brand,</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> multi-category company designing products that enable better experiences </span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consuming, sharing and creating any digital content such as computing, gaming, video, and music, whether it is on a computer, mobile device or in the cloud. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company sells its products to a broad network of domestic and international customers, including direct sales to retailers, e-tailers and enterprise customers, and indirect sales through distributors.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Logitech was founded in Switzerland in 1981 and Logitech International S.A. has been the parent holding company of Logitech since 1988. Logitech International S.A. is a Swiss holding company with its registered office in Hautemorges, Switzerland and headquarters in Lausanne, Switzerland, which conducts its business through subsidiaries in the Americas, Europe, Middle East and Africa ("EMEA") and Asia Pacific. Shares of Logitech International S.A. are listed on both the SIX Swiss Exchange, under the trading symbol LOGN, and the Nasdaq Global Select Market, under the trading symbol LOGI.</span></div>
CY2022 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's fiscal year ends on March 31. Interim quarters are generally thirteen-week periods, each ending on a Friday. For purposes of presentation, the Company has indicated its quarterly periods end on the last day of the calendar quarter.</span></div>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make judgments, estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. Significant estimates and assumptions made by management involve the fair value of goodwill and intangible assets acquired from business acquisitions, contingent consideration for a business acquisition and periodic reassessment of its fair value, valuation of investment in privately held companies classified under Level 3 fair value hierarchy, pension obligations, accruals for customer incentives, cooperative marketing, and pricing programs ("Customer Programs") and related breakage when appropriate, inventory valuation, share-based compensation expense, uncertain tax positions, and valuation allowances for deferred tax assets. Although these estimates are based on management’s best knowledge of current events and actions that may impact the Company in the future, actual results could differ materially from those estimates.</span></div>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has reclassified certain prior-year amounts to conform to the current-year presentation.</span></div>
CY2022 logi Revenue From Contract With Customer Contract Term Maximum
RevenueFromContractWithCustomerContractTermMaximum
P1Y
CY2022 us-gaap Advertising Expense
AdvertisingExpense
628900000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
450000000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
298600000 USD
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents and accounts receivable. The Company maintains cash and cash equivalents with various financial institutions to limit exposure with any one financial institution, but is exposed to credit risk in the event of default by financial institutions to the extent that cash balances with individual financial institutions are in excess of amounts that are insured.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company sells to large distributors, retailers, and e-tailers and, as a result, maintains individually significant receivable balances with such customers.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company had the following customers that individually comprised 10% or more of its gross sales:</span></div><div style="margin-bottom:8pt;margin-top:16pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:62.935%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.115%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.572%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.572%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.868%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Years Ended March 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer A</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer B</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer C </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">N/A</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">N/A</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td></tr></table></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1) The Company's two customers merged during fiscal year 2022 and the percentage for fiscal year 2022 reflects the gross sales to the combined company. Percentages for fiscal year 2021 and 2020 are not disclosed as gross sales to each customer accounted for less than 10% of the Company's gross sales. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company had the following customers that individually comprised 10% or more of its accounts receivable:</span></div><div style="margin-bottom:8pt;margin-top:13pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:74.046%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.742%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.452%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">March 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer A</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer B</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer C </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1) The Company's two customers merged during fiscal year 2022. The percentage as of March 31, 2022 reflects accounts receivable from the combined company. The percentage as of March 31, 2021 reflects accounts receivable from one of them only as the other customer accounted for less than 10% of the Company's accounts receivable. </span></div>The Company manages its accounts receivable credit risk through ongoing credit evaluation of its customers' financial conditions. The Company generally does not require collateral from its customers.
CY2022 logi Concentration Risk Number Of Customers Merged
ConcentrationRiskNumberOfCustomersMerged
2 customer
CY2022 logi Concentration Risk Number Of Customers Merged
ConcentrationRiskNumberOfCustomersMerged
2 customer
CY2022Q1 logi Inventory Liabilityfrom Purchase Commitments
InventoryLiabilityfromPurchaseCommitments
46400000 USD
CY2021Q1 logi Inventory Liabilityfrom Purchase Commitments
InventoryLiabilityfromPurchaseCommitments
11800000 USD
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 Reporting_Unit
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
800000 USD
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
600000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1500000 USD
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
644513000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
947257000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
449723000 USD
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167447000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
168523000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
166837000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2967000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3252000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2544000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170414000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171775000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169381000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.85
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.62
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.70
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.70
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.78
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.51
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.66
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.66
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
93479000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
86019000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
54870000 USD
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
26987000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19472000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14109000 USD
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
66492000 USD
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900000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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66547000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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40761000 USD
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1100000 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1100000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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168393000 USD
CY2022 logi Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Percentof Grantedand Vestedof Target Number
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1
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
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8
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
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80
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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1200000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
600000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
100000 USD
CY2022 us-gaap Defined Contribution Plan Cost Recognized
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13900000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10600000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8600000 USD
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
14693000 USD
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
12121000 USD
CY2020 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
11008000 USD
CY2022 us-gaap Defined Benefit Plan Interest Cost
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920000 USD
CY2021 us-gaap Defined Benefit Plan Interest Cost
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1047000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
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1055000 USD
CY2022 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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2930000 USD
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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2535000 USD
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2616000 USD
CY2022 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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CY2021 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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-467000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
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CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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2158000 USD
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-2144000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-1386000 USD
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0 USD
CY2021 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 USD
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
97000 USD
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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10060000 USD
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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12310000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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10301000 USD
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DefinedBenefitPlanBenefitObligation
202348000 USD
CY2020Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
160914000 USD
CY2022 us-gaap Defined Benefit Plan Service Cost
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14693000 USD
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
12121000 USD
CY2022 us-gaap Defined Benefit Plan Interest Cost
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920000 USD
CY2021 us-gaap Defined Benefit Plan Interest Cost
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1047000 USD
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
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6092000 USD
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
4733000 USD
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
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31198000 USD
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
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CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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3904000 USD
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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3947000 USD
CY2022 logi Defined Benefit Plan Benefit Obligation Transfer Of Vested Benefits
DefinedBenefitPlanBenefitObligationTransferOfVestedBenefits
14963000 USD
CY2021 logi Defined Benefit Plan Benefit Obligation Transfer Of Vested Benefits
DefinedBenefitPlanBenefitObligationTransferOfVestedBenefits
7556000 USD
CY2022 us-gaap Defined Benefit Plan Administration Expenses
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130000 USD
CY2021 us-gaap Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
130000 USD
CY2022 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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-3767000 USD
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3947000 USD
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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3904000 USD
CY2021 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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-4292000 USD
CY2022Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
207551000 USD
CY2021Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
202348000 USD
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DefinedBenefitPlanAccumulatedBenefitObligation
178500000 USD
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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171200000 USD
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128061000 USD
CY2020Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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98010000 USD
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11706000 USD
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
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10877000 USD
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
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8064000 USD
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6092000 USD
CY2021 us-gaap Defined Benefit Plan Plan Assets Contributions By Plan Participant
DefinedBenefitPlanPlanAssetsContributionsByPlanParticipant
4733000 USD
CY2022 us-gaap Defined Benefit Plan Assets Transferred To From Plan
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14963000 USD
CY2021 us-gaap Defined Benefit Plan Assets Transferred To From Plan
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7556000 USD
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130000 USD
CY2021 us-gaap Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
130000 USD
CY2022 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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2315000 USD
CY2021 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
2069000 USD
CY2022Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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156118000 USD
CY2021Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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128061000 USD
CY2022Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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156118000 USD
CY2021Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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128061000 USD
CY2022Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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156118000 USD
CY2021Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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128061000 USD
CY2022Q1 us-gaap Defined Benefit Plan Benefit Obligation
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207551000 USD
CY2021Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
202348000 USD
CY2022Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2021Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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1677000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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2738000 USD
CY2022Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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49756000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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71549000 USD
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CY2021Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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-2883000 USD
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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-3263000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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CY2021Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-27553000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-22722000 USD
CY2022Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
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1421000 USD
CY2021Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
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24290000 USD
CY2020Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
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19075000 USD
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2074000 USD
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-1090000 USD
CY2020Q1 logi Defined Benefit Plan Accumulated Other Comprehensive Income Loss Pension Liability Tax Amount
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941000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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3495000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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23200000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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20016000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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12387000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
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12700000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
13600000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
12546000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
14362000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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67605000 USD
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133200000 USD
CY2022Q1 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
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10100000 USD
CY2022 logi Deferred Compensation Plan Investment Income Loss
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1231000 USD
CY2021 logi Deferred Compensation Plan Investment Income Loss
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5916000 USD
CY2020 logi Deferred Compensation Plan Investment Income Loss
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2022 logi Gain Loss On Investments Including Other Realized And Unrealized Gains Losses
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-1683000 USD
CY2021 logi Gain Loss On Investments Including Other Realized And Unrealized Gains Losses
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CY2020 logi Gain Loss On Investments Including Other Realized And Unrealized Gains Losses
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39011000 USD
CY2022 logi Other Income Expense
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5616000 USD
CY2021 logi Other Income Expense
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893000 USD
CY2020 logi Other Income Expense
OtherIncomeExpense
941000 USD
CY2022 us-gaap Other Nonoperating Income Expense
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560000 USD
CY2021 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Other Nonoperating Income Expense
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38212000 USD
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579258000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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984185000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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238303000 USD
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196560000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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163935000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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86023000 USD
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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775818000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1148120000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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324326000 USD
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
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CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
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121199000 USD
CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
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5474000 USD
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44094000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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45056000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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29078000 USD
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
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29198000 USD
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
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31558000 USD
CY2020 us-gaap Deferred Federal State And Local Tax Expense Benefit
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-153210000 USD
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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3050000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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131305000 USD
CY2021 us-gaap Income Tax Expense Benefit
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200863000 USD
CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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65945000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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97590000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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27568000 USD
CY2022 logi Effective Income Tax Rate Reconciliation Income Tax Rate Variation
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61296000 USD
CY2021 logi Effective Income Tax Rate Reconciliation Income Tax Rate Variation
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88760000 USD
CY2020 logi Effective Income Tax Rate Reconciliation Income Tax Rate Variation
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CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
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5957000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
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3844000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4692000 USD
CY2022 logi Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
4683000 USD
CY2021 logi Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
4821000 USD
CY2020 logi Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
1582000 USD
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-3161000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 logi Effective Income Tax Rate Reconciliation Effectof Federal Acton Tax Reformand Avs Financing
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0 USD
CY2021 logi Effective Income Tax Rate Reconciliation Effectof Federal Acton Tax Reformand Avs Financing
EffectiveIncomeTaxRateReconciliationEffectofFederalActonTaxReformandAVSFinancing
1944000 USD
CY2020 logi Effective Income Tax Rate Reconciliation Effectof Federal Acton Tax Reformand Avs Financing
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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887000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-247000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
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0 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
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-5000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
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12000 USD
CY2022 logi Income Tax Reconciliation Tax Reserves Releases Net
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16577000 USD
CY2021 logi Income Tax Reconciliation Tax Reserves Releases Net
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15978000 USD
CY2020 logi Income Tax Reconciliation Tax Reserves Releases Net
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64683000 USD
CY2022 us-gaap Income Tax Reconciliation Tax Settlements
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CY2021 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
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670000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
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1107000 USD
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131305000 USD
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200863000 USD
CY2020 us-gaap Income Tax Expense Benefit
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CY2022Q1 logi Deferred Tax Assets Tax Credit Carryforwards Inclusive Of Net Operating Losses
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CY2022Q1 logi Legal Reserves Threshold At Which Annual Net Income Not Required To Be Retained
LegalReservesThresholdAtWhichAnnualNetIncomeNotRequiredToBeRetained
0.20
CY2022Q1 logi Portion Of Legal Reserves Included In Appropriated Retained Earnings
PortionOfLegalReservesIncludedInAppropriatedRetainedEarnings
10400000 USD
CY2022 logi Stock Repurchase Program Numberof Shares Authorizedtobe Repurchased Maximum Voting Right Percentage
StockRepurchaseProgramNumberofSharesAuthorizedtobeRepurchasedMaximumVotingRightPercentage
0.10
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4792000 USD
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5481101000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5252279000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2975851000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5252279000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2975851000 USD
CY2022Q1 logi Other Long Lived Assets
OtherLongLivedAssets
133673000 USD
CY2021Q1 logi Other Long Lived Assets
OtherLongLivedAssets
131795000 USD
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
17300000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
15000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
14100000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2807000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3577000 USD
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
15400000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
13865000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
13554000 USD
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22174000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15659000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6123000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
14489000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9512000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6818000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4252000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
41897000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6056000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44704000 USD
CY2022Q1 logi Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
26700000 USD
CY2022Q1 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P20Y
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.027

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