2024 Q1 Form 10-K Financial Statement

#000128613924000031 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $174.2M $158.7M $660.7M
YoY Change 4.99% 8.21% 6.57%
Cost Of Revenue $68.38M $55.91M $239.3M
YoY Change 13.23% 17.83% 13.34%
Gross Profit $105.8M $102.8M $421.5M
YoY Change 0.27% 3.61% 3.08%
Gross Profit Margin 60.75% 64.76% 63.79%
Selling, General & Admin $74.77M $69.93M $312.6M
YoY Change -10.92% -4.13% -15.44%
% of Gross Profit 70.65% 68.06% 74.16%
Research & Development $23.96M $22.11M $83.18M
YoY Change 21.71% 17.46% 18.1%
% of Gross Profit 22.64% 21.51% 19.74%
Depreciation & Amortization $7.670M $7.283M $20.20M
YoY Change 37.73% 31.04% 10.99%
% of Gross Profit 7.25% 7.09% 4.79%
Operating Expenses $100.8M $92.04M $400.4M
YoY Change -5.23% -2.34% -11.14%
Operating Profit $5.055M $10.72M $21.06M
YoY Change -735.05% 117.43% -150.45%
Interest Expense $61.00K $2.457M $493.0K
YoY Change -96.14% 138.08% -68.05%
% of Operating Profit 1.21% 22.93% 2.34%
Other Income/Expense, Net $93.00K $1.185M $1.621M
YoY Change -86.6% -27.08% -136.21%
Pretax Income $7.974M $10.50M $31.49M
YoY Change 439.15% 128.87% -166.06%
Income Tax $3.200M $3.114M $17.54M
% Of Pretax Income 40.13% 29.67% 55.7%
Net Earnings $4.744M $7.382M $13.95M
YoY Change -301.19% 323.28% -128.63%
Net Earnings / Revenue 2.72% 4.65% 2.11%
Basic Earnings Per Share $0.03 $0.07
Diluted Earnings Per Share $0.02 $0.04 $0.07
COMMON SHARES
Basic Shares Outstanding 187.9M shares 187.9M shares 190.5M shares
Diluted Shares Outstanding 193.4M shares 194.4M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $228.1M $225.7M $225.7M
YoY Change 11.76% 19.38% 19.38%
Cash & Equivalents $228.1M $225.7M $225.7M
Short-Term Investments
Other Short-Term Assets $2.690M $1.938M $37.88M
YoY Change 16.75% -2.76% -2.02%
Inventory
Prepaid Expenses $11.70M $10.42M
Receivables $15.73M $11.74M $11.74M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $284.5M $275.3M $275.3M
YoY Change 8.5% 13.93% 13.93%
LONG-TERM ASSETS
Property, Plant & Equipment $61.05M $56.75M $56.75M
YoY Change 77.23% 84.12% 35.21%
Goodwill $63.32M $63.32M
YoY Change 0.11% 0.14%
Intangibles $12.47M $13.74M
YoY Change -29.04% -27.33%
Long-Term Investments $1.160M $1.159M $1.159M
YoY Change 16.0% 16.48% 16.48%
Other Assets $8.407M $8.503M $37.52M
YoY Change -3.97% -7.98% -2.85%
Total Long-Term Assets $175.3M $172.5M $172.5M
YoY Change 8.08% 5.35% 5.35%
TOTAL ASSETS
Total Short-Term Assets $284.5M $275.3M $275.3M
Total Long-Term Assets $175.3M $172.5M $172.5M
Total Assets $459.7M $447.8M $447.8M
YoY Change 8.34% 10.46% 10.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.15M $32.28M $32.28M
YoY Change 32.35% 27.54% 27.54%
Accrued Expenses $52.57M $61.68M $63.73M
YoY Change 1.72% 7.5% 26.0%
Deferred Revenue $187.5M $168.0M
YoY Change 3.49% 2.28%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $26.00K
YoY Change
Total Short-Term Liabilities $276.1M $264.0M $264.0M
YoY Change 5.76% 5.92% 5.92%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $2.000K
YoY Change
Other Long-Term Liabilities $8.611M $7.565M $15.02M
YoY Change 108.35% 90.65% 8.71%
Total Long-Term Liabilities $8.611M $7.565M $15.02M
YoY Change 108.35% 90.65% 8.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $276.1M $264.0M $264.0M
Total Long-Term Liabilities $8.611M $7.565M $15.02M
Total Liabilities $291.8M $279.0M $279.0M
YoY Change 6.38% 6.07% 6.07%
SHAREHOLDERS EQUITY
Retained Earnings -$941.1M -$933.1M
YoY Change 4.45% 4.62%
Common Stock $1.108B $1.102B
YoY Change 5.55% 6.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $167.9M $168.8M $168.8M
YoY Change
Total Liabilities & Shareholders Equity $459.7M $447.8M $447.8M
YoY Change 8.34% 10.46% 10.46%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $4.744M $7.382M $13.95M
YoY Change -301.19% 323.28% -128.63%
Depreciation, Depletion And Amortization $7.670M $7.283M $20.20M
YoY Change 37.73% 31.04% 10.99%
Cash From Operating Activities $34.19M $22.51M $124.3M
YoY Change 17.07% 3.14% 68.35%
INVESTING ACTIVITIES
Capital Expenditures $9.477M $8.393M $31.59M
YoY Change 27.58% -29.8% 42.97%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $38.00K -$38.00K
YoY Change -112.38%
Cash From Investing Activities -$9.477M -$8.355M -$31.56M
YoY Change 27.58% -30.12% 3.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $54.87M
YoY Change -42.32%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$22.27M -550.0K -$56.15M
YoY Change 229.7% -98.32% -39.85%
NET CHANGE
Cash From Operating Activities $34.19M 22.51M $124.3M
Cash From Investing Activities -$9.477M -8.355M -$31.56M
Cash From Financing Activities -$22.27M -550.0K -$56.15M
Net Change In Cash $2.410M 13.60M $36.64M
YoY Change -83.98% -159.71% -172.96%
FREE CASH FLOW
Cash From Operating Activities $34.19M $22.51M $124.3M
Capital Expenditures $9.477M $8.393M $31.59M
Free Cash Flow $24.72M $14.12M $92.72M
YoY Change 13.48% 43.07% 79.2%

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CY2023 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2023 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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105000 usd
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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CY2021 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2023 lz Reclassification Of Prior Hedge Effectiveness And Losses From Interest Rate Cap And Swaps To Net Income Loss
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CY2022 lz Reclassification Of Prior Hedge Effectiveness And Losses From Interest Rate Cap And Swaps To Net Income Loss
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CY2021 lz Reclassification Of Prior Hedge Effectiveness And Losses From Interest Rate Cap And Swaps To Net Income Loss
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CY2023 lz Reclassification To Net Income Loss Upon Discontinuance Of Interest Rate Swaps And Prior Hedge Effectiveness
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CY2022 lz Reclassification To Net Income Loss Upon Discontinuance Of Interest Rate Swaps And Prior Hedge Effectiveness
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CY2021 lz Reclassification To Net Income Loss Upon Discontinuance Of Interest Rate Swaps And Prior Hedge Effectiveness
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7295000 usd
CY2023 lz Unrealized Gain Loss On Cash Flow Hedges After Tax
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CY2022 lz Unrealized Gain Loss On Cash Flow Hedges After Tax
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CY2021 lz Unrealized Gain Loss On Cash Flow Hedges After Tax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
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3292000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
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CY2021 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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5636000 usd
CY2021 lz Adjustment To Additional Paid In Capital Net Interest And Repayment Of Full Recourse Notes Receivable
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CY2021 lz Adjustment To Additional Paid In Capital Special Dividends
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Net Income Loss
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CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
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2436000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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82995000 usd
CY2022 us-gaap Stock Repurchased And Retired During Period Value
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
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3292000 usd
CY2022 us-gaap Net Income Loss
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CY2022Q4 us-gaap Stockholders Equity
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CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
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8445000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023 us-gaap Stock Repurchased And Retired During Period Value
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54873000 usd
CY2023 lz Stock Repurchase Costs Incurred During Period
StockRepurchaseCostsIncurredDuringPeriod
100000 usd
CY2023 lz Stock Repurchased During Period Excise Tax
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185000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023 us-gaap Net Income Loss
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13953000 usd
CY2023Q4 us-gaap Stockholders Equity
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CY2023 us-gaap Net Income Loss
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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
25383000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
21745000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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16686000 usd
CY2023 us-gaap Amortization Of Financing Costs
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227000 usd
CY2022 us-gaap Amortization Of Financing Costs
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227000 usd
CY2021 us-gaap Amortization Of Financing Costs
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1392000 usd
CY2023 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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0 usd
CY2022 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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0 usd
CY2021 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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2692000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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2049000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2023 us-gaap Share Based Compensation
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66015000 usd
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 Impairment Of Long Lived Assets Held For Use
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0 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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248000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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924000 usd
CY2023 lz Impairment Of Other Equity Securities
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CY2022 lz Impairment Of Other Equity Securities
ImpairmentOfOtherEquitySecurities
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CY2021 lz Impairment Of Other Equity Securities
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CY2023 lz Gain Loss On Extinguishment Of Debt And Other Charges
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CY2022 lz Gain Loss On Extinguishment Of Debt And Other Charges
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CY2021 lz Gain Loss On Extinguishment Of Debt And Other Charges
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CY2023 lz Discontinuance Of Interest Rate Swaps And Write Off Of Prior Hedge Effectiveness
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CY2022 lz Discontinuance Of Interest Rate Swaps And Write Off Of Prior Hedge Effectiveness
DiscontinuanceOfInterestRateSwapsAndWriteOffOfPriorHedgeEffectiveness
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CY2021 lz Discontinuance Of Interest Rate Swaps And Write Off Of Prior Hedge Effectiveness
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CY2023 us-gaap Deferred Income Tax Expense Benefit
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4712000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2023 lz Change In Fair Value Of Financial Guarantee
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CY2022 lz Change In Fair Value Of Financial Guarantee
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0 usd
CY2021 lz Change In Fair Value Of Financial Guarantee
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CY2023 us-gaap Derivative Gain Loss On Derivative Net
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CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2021 us-gaap Derivative Gain Loss On Derivative Net
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CY2023 us-gaap Increase Decrease In Equity Securities Fv Ni
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0 usd
CY2022 us-gaap Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
0 usd
CY2021 us-gaap Increase Decrease In Equity Securities Fv Ni
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1812000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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1387000 usd
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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CY2023 us-gaap Other Operating Activities Cash Flow Statement
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CY2022 us-gaap Other Operating Activities Cash Flow Statement
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168000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
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4000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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1511000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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523000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4965000 usd
CY2023 us-gaap Increase Decrease In Other Current Assets
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CY2022 us-gaap Increase Decrease In Other Current Assets
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CY2021 us-gaap Increase Decrease In Accounts Payable
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4119000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
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6535000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2023 lz Payments For Asset Acquisition Net Of Cash Acquired
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CY2022 lz Payments For Asset Acquisition Net Of Cash Acquired
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CY2021 lz Payments For Asset Acquisition Net Of Cash Acquired
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CY2023 lz Proceeds From Acquisition Of Business Working Capital Adjustments
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CY2021 lz Proceeds From Acquisition Of Business Working Capital Adjustments
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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22098000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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11740000 usd
CY2023 lz Payments For Extinguishment Of Interest Rate Swaps
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CY2022 lz Payments For Extinguishment Of Interest Rate Swaps
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CY2021 lz Payments For Extinguishment Of Interest Rate Swaps
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CY2023 us-gaap Payments To Acquire Other Investments
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CY2022 us-gaap Payments To Acquire Other Investments
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CY2021 us-gaap Payments To Acquire Other Investments
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CY2023 us-gaap Payments For Proceeds From Other Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Finance Lease Principal Payments
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CY2023 lz Repayment Of Hybrid Debt
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CY2021 lz Repayment Of Hybrid Debt
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CY2023 us-gaap Payments Of Debt Extinguishment Costs
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CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
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CY2023 us-gaap Payments For Repurchase Of Common Stock
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2023 lz Payment Of Special Dividends
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CY2022 lz Payment Of Special Dividends
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CY2021 lz Payment Of Special Dividends
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CY2022 us-gaap Proceeds From Issuance Initial Public Offering
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CY2021 us-gaap Proceeds From Issuance Initial Public Offering
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CY2023 us-gaap Proceeds From Issuance Of Private Placement
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CY2022 us-gaap Proceeds From Issuance Of Private Placement
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CY2021 us-gaap Proceeds From Issuance Of Private Placement
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CY2023 us-gaap Payments Of Stock Issuance Costs
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CY2021 us-gaap Payments Of Stock Issuance Costs
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CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 us-gaap Proceeds From Stock Plans
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CY2021 us-gaap Proceeds From Stock Plans
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Nature Of Operations
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Description of the Business<div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">LegalZoom.com, Inc., was initially formed as a California corporation in 1999 and reincorporated as a Delaware corporation in 2007. LegalZoom.com, Inc., and its wholly owned subsidiaries, are referred to herein as the “Company”, “we,” “us,” or “our,”. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We are a provider of services that meet the legal needs of small businesses and consumers. Our position at business inception allows us to become a trusted business advisor, supporting the evolving needs of a new business across its lifecycle, and we have expanded our platform to include professional expertise and other products, both legal and non-legal, to better meet the needs of small businesses. Along with business formation, our offerings include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans. Additionally, we have insights into our customers and leverage our offerings as a channel to introduce small businesses to leading brands in our partner ecosystem, solving even more of their business needs.</span></div><div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Initial Public Offering</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The registration statement related to our initial public offering, or IPO, was declared effective on June 29, 2021, and our common stock began trading on the Nasdaq Global Select Market on June 30, 2021. On July 2, 2021, we completed our IPO for the sale of 19,121,000 shares of our common stock, $0.001 par value per share at an offering price of $28.00 per share, for proceeds of $505.9 million, net of underwriting discounts and commissions. In addition, we sold 2,868,150 shares of our common stock for net proceeds of $75.9 million pursuant to the full exercise of the underwriter’s option to purchase additional shares in connection with the IPO. In addition, on July 2, 2021, we sold 3,214,285 shares of our common stock in a private placement with an existing related party stockholder for proceeds of $85.0 million, net of underwriting discounts and commissions. We raised aggregate proceeds of $666.9 million from our IPO and private placement after deducting underwriting discounts and commissions. We incurred stock issuance costs of $5.6 million. Proceeds raised from our IPO were used to repay the full outstanding balance of $521.6 million on our prior term loan.</span></div>Upon the completion of our IPO, 23,081,080 outstanding shares of redeemable convertible preferred stock with a carrying value of $70.9 million converted into 46,162,160 shares of common stock. Following the completion of the IPO, we have one class of authorized and outstanding common stock.
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<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, however not limited to, revenue recognition, sales allowances and expected credit loss allowances, available-for-sale debt securities, other equity securities, recoverability of long-lived assets and goodwill, income taxes, commitments and contingencies, valuation of assets and liabilities acquired in business combinations, valuation of assets in asset acquisitions, fair value of derivative instruments and stock-based compensation. Actual results could differ materially from those estimates. On an ongoing basis, we evaluate the estimates compared to historical experience and other factors including the current economic and regulatory environment, which form the basis for our judgments about the carrying value of assets and liabilities.</span></div>
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<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We maintain accounts in U.S. and U.K. banks with funds insured by the Federal Deposit Insurance Corporation, or FDIC, and the Financial Services Compensation Scheme, or FSCS, respectively. Our bank accounts may, at times, exceed the FDIC and FSCS insured limits. Financial instruments that potentially subject us to credit risk consist principally of cash and cash equivalents. Management believes that we are not exposed to any significant credit risk related to our cash or cash equivalents and have not experienced any losses in such accounts.</span></div>
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
29000 usd
CY2023Q4 lz Operating And Lease Liability To Be Paid
OperatingAndLeaseLiabilityToBePaid
10133000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1086000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000 usd
CY2023Q4 lz Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
1087000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9018000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
28000 usd
CY2023Q4 lz Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
9046000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2052000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
26000 usd
CY2023Q4 lz Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
2078000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6966000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2000 usd
CY2023Q4 lz Operating And Finance Lease Liability Noncurrent
OperatingAndFinanceLeaseLiabilityNoncurrent
6968000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0451
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0550
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0439
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0550
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
3127000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2384000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
276000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
250000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
38000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
17000 usd
CY2023 us-gaap Lease Cost
LeaseCost
3441000 usd
CY2022 us-gaap Lease Cost
LeaseCost
2651000 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
28000 usd
CY2021 lz Interest Expense On Hybrid Debt
InterestExpenseOnHybridDebt
368000 usd
CY2021 lz Interest Expense On Derivatives
InterestExpenseOnDerivatives
9240000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
59910000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3409000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-90000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
63229000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
89000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
63318000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
26852000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13117000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13735000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
35282000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16382000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18900000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5200000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5082000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4510000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2670000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1473000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13735000 usd
CY2021Q3 lz Debt Instrument Maturity Period
DebtInstrumentMaturityPeriod
P5Y
CY2021Q3 lz Debt Instrument Maturity Period
DebtInstrumentMaturityPeriod
P5Y
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2021Q3 lz Payment For Extinguishment Of Interest Rate Swaps And Hybrid Debt
PaymentForExtinguishmentOfInterestRateSwapsAndHybridDebt
13600000 usd
CY2021Q3 lz Interest Expense On Derivatives
InterestExpenseOnDerivatives
9200000 usd
CY2021 lz Net Payments Upon Settlement Of Interest Rate Swaps
NetPaymentsUponSettlementOfInterestRateSwaps
1052000 usd
CY2021 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
3095000 usd
CY2021 lz Derivative Increase Decrease In Fair Value
DerivativeIncreaseDecreaseInFairValue
364000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.13
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y1M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3698000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4181000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.54
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
743000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.20
CY2021 lz Interest Expense Net
InterestExpenseNet
14147000 usd
CY2019Q3 lz Debt Instrument Personal Loan
DebtInstrumentPersonalLoan
50000000 usd
CY2023Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4718755 shares
CY2023Q3 lz Stock Repurchased During Period Value Gross
StockRepurchasedDuringPeriodValueGross
45100000 usd
CY2023Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
9.55
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5867835 shares
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
9.35
CY2023 lz Stock Repurchased During Period Value Gross
StockRepurchasedDuringPeriodValueGross
54900000 usd
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
9256268 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
10.28
CY2022 lz Stock Repurchased During Period Value Gross
StockRepurchasedDuringPeriodValueGross
95100000 usd
CY2023 lz Excise Tax Liability Accrued For Common Stock With Redemptions
ExciseTaxLiabilityAccruedForCommonStockWithRedemptions
200000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
66015000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
80469000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
112832000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4056000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2526000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
674000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
70071000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
82995000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
113506000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17155000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
19000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
9.77
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
88000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.44
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
20486000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.69
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
34571000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
20486000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
10.69
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y10M24D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
34571000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
14021000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.53
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y1M6D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
22332000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2200000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3900000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13500000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.40
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.61
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.78
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
0 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
2600000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
12300000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y10M24D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y7M6D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y4M24D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.034
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.038
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.026
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.504
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.507
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.48
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.46
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13953000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-48733000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-108664000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13953000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13953000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-48733000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-48733000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-108664000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-108664000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
190466000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195829000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161424000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194415000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195829000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
161424000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18183000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26174000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18997000 shares
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
224000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
63000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
78000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12829000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1853000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
644000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5481000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1142000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
34518000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-49383000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-119195000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3024000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1710000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-420000 usd
CY2023 lz Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Adjusted
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAdjusted
31494000 usd
CY2022 lz Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Adjusted
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAdjusted
-47673000 usd
CY2021 lz Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Adjusted
IncomeLossFromContinuingOperationsBeforeIncomeTaxesNoncontrollingInterestAdjusted
-119615000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8984000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
647000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-194000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3621000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1143000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
760000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-9605000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-769000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1935000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1990000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4712000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-793000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11595000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17541000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1060000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10951000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6614000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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