2024 Q4 Form 10-Q Financial Statement

#000095017024123240 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $178.7M
YoY Change 6.4%
Cost Of Revenue $105.6M
YoY Change 3.37%
Gross Profit $73.09M
YoY Change 11.11%
Gross Profit Margin 40.9%
Selling, General & Admin $60.87M
YoY Change 6.97%
% of Gross Profit 83.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.800M
YoY Change 7.69%
% of Gross Profit 3.83%
Operating Expenses $60.87M
YoY Change 6.97%
Operating Profit -$1.161M
YoY Change -66.26%
Interest Expense -$4.137M
YoY Change 97.0%
% of Operating Profit
Other Income/Expense, Net -$8.035M
YoY Change 191.12%
Pretax Income -$9.196M
YoY Change 48.3%
Income Tax $1.368M
% Of Pretax Income
Net Earnings -$10.56M
YoY Change 40.39%
Net Earnings / Revenue -5.91%
Basic Earnings Per Share -$0.39
Diluted Earnings Per Share -$0.39
COMMON SHARES
Basic Shares Outstanding 34.30M 34.23M
Diluted Shares Outstanding 34.24M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.05M
YoY Change -43.77%
Cash & Equivalents $13.05M
Short-Term Investments
Other Short-Term Assets $15.49M
YoY Change 76.01%
Inventory $3.163M
Prepaid Expenses $10.88M
Receivables $152.8M
Other Receivables $0.00
Total Short-Term Assets $246.9M
YoY Change 15.9%
LONG-TERM ASSETS
Property, Plant & Equipment $66.10M
YoY Change 14.02%
Goodwill $482.6M
YoY Change 35.41%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.437M
YoY Change -2.75%
Total Long-Term Assets $760.0M
YoY Change 21.97%
TOTAL ASSETS
Total Short-Term Assets $246.9M
Total Long-Term Assets $760.0M
Total Assets $1.007B
YoY Change 20.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.73M
YoY Change -25.73%
Accrued Expenses $14.88M
YoY Change -11.39%
Deferred Revenue $11.99M
YoY Change -3.31%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $16.75M
YoY Change 18.17%
Total Short-Term Liabilities $128.2M
YoY Change -4.89%
LONG-TERM LIABILITIES
Long-Term Debt $233.0M
YoY Change 52.74%
Other Long-Term Liabilities $6.355M
YoY Change 6883.52%
Total Long-Term Liabilities $239.4M
YoY Change 56.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $128.2M
Total Long-Term Liabilities $239.4M
Total Liabilities $464.8M
YoY Change 26.2%
SHAREHOLDERS EQUITY
Retained Earnings -$244.4M
YoY Change 17.01%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $449.2M
YoY Change
Total Liabilities & Shareholders Equity $1.007B
YoY Change 20.43%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$10.56M
YoY Change 40.39%
Depreciation, Depletion And Amortization $2.800M
YoY Change 7.69%
Cash From Operating Activities $11.41M
YoY Change -32.75%
INVESTING ACTIVITIES
Capital Expenditures $1.474M
YoY Change -68.9%
Acquisitions
YoY Change
Other Investing Activities -$47.78M
YoY Change 808.35%
Cash From Investing Activities -$49.25M
YoY Change 392.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 33.75M
YoY Change -588.48%
NET CHANGE
Cash From Operating Activities 11.41M
Cash From Investing Activities -49.25M
Cash From Financing Activities 33.75M
Net Change In Cash -4.093M
YoY Change -8286.0%
FREE CASH FLOW
Cash From Operating Activities $11.41M
Capital Expenditures $1.474M
Free Cash Flow $9.932M
YoY Change -18.72%

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CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
2814000
CY2024Q1 meg Stock Issued During Period Value Pursuant To Stock Options Exercised And Vested
StockIssuedDuringPeriodValuePursuantToStockOptionsExercisedAndVested
487000
CY2024Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6580000
CY2024Q1 meg Stock Issued During Period Value Payment Of Earn Out Liability
StockIssuedDuringPeriodValuePaymentOfEarnOutLiability
1087000
CY2024Q1 meg Increase Decrease Accumulated Other Comprehensive Income Loss Net Of Tax
IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax
-35000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
324472000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-10170000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11831000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
2750000
CY2024Q2 meg Stock Issued During Period Value Pursuant To Stock Options Exercised And Vested
StockIssuedDuringPeriodValuePursuantToStockOptionsExercisedAndVested
888000
CY2024Q2 meg Adjustments To Additional Paid In Capital Stock Issued During Period
AdjustmentsToAdditionalPaidInCapitalStockIssuedDuringPeriod
121776000
CY2024Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2691000
CY2024Q2 meg Increase Decrease Accumulated Other Comprehensive Income Loss Net Of Tax
IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax
35000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
448773000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-10564000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11763000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
2750000
CY2024Q3 meg Stock Issued During Period Value Pursuant To Stock Options Exercised And Vested
StockIssuedDuringPeriodValuePursuantToStockOptionsExercisedAndVested
598000
CY2024Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1441000
CY2024Q3 meg Increase Decrease Accumulated Other Comprehensive Income Loss Net Of Tax
IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax
-70000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
449191000
us-gaap Profit Loss
ProfitLoss
-34091000
us-gaap Profit Loss
ProfitLoss
-29418000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
37408000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
33816000
meg Operating And Finance Lease Right Of Use Asset Amortization
OperatingAndFinanceLeaseRightOfUseAssetAmortization
8423000
meg Operating And Finance Lease Right Of Use Asset Amortization
OperatingAndFinanceLeaseRightOfUseAssetAmortization
7667000
us-gaap Share Based Compensation
ShareBasedCompensation
34866000
us-gaap Share Based Compensation
ShareBasedCompensation
35609000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-4851000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-1814000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4931000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2842000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
315000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2403000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
45898000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
9538000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2192000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-772000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-4936000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
6092000
meg Increase Decrease In Payment Of Contingent Consideration And Other Assumed Purchase Price Obligations
IncreaseDecreaseInPaymentOfContingentConsiderationAndOtherAssumedPurchasePriceObligations
-611000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-9233000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-7525000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4165000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
907000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9721000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41472000
meg Proceeds Received From Corporate Owned Insurance
ProceedsReceivedFromCorporateOwnedInsurance
182000
meg Proceeds Received From Corporate Owned Insurance
ProceedsReceivedFromCorporateOwnedInsurance
311000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19086000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24969000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
401000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2052000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2763000
meg Payment For Purchase Price True Ups
PaymentForPurchasePriceTrueUps
3413000
meg Payment For Purchase Price True Ups
PaymentForPurchasePriceTrueUps
1027000
meg Payments For Minority Investments
PaymentsForMinorityInvestments
210000
meg Payments For Minority Investments
PaymentsForMinorityInvestments
2347000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
113012000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
66187000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-137190000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-96982000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
326468000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
278335000
meg Proceeds From The Aircraft Loan
ProceedsFromTheAircraftLoan
10935000
meg Repayment Of Aircraft Loan
RepaymentOfAircraftLoan
796000
meg Repayment Of Aircraft Loan
RepaymentOfAircraftLoan
335000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
50000000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
11094000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
8785000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
363000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1535000
meg Repayment Of Finance Leases
RepaymentOfFinanceLeases
4384000
meg Repayment Of Finance Leases
RepaymentOfFinanceLeases
3378000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
348000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1973000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4529000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
121776000
us-gaap Payments Of Dividends
PaymentsOfDividends
8314000
us-gaap Payments Of Dividends
PaymentsOfDividends
12300000
meg Repayment To Series A Two Shareholders
RepaymentToSeriesATwoShareholders
60000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
136583000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10869000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10328000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-66379000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
133000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-265000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23240000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
89828000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13045000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23184000
us-gaap Interest Paid Net
InterestPaidNet
10699000
us-gaap Interest Paid Net
InterestPaidNet
4838000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2713000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1374000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1810000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1626000
meg Non Cash Property And Equipment Purchased Under Finance Leases
NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases
5806000
meg Non Cash Property And Equipment Purchased Under Finance Leases
NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases
5728000
meg Non Cash Common Stock Issued To Acquire New Businesses
NonCashCommonStockIssuedToAcquireNewBusinesses
10712000
meg Non Cash Common Stock Issued To Acquire New Businesses
NonCashCommonStockIssuedToAcquireNewBusinesses
2598000
meg Non Cash Acquisitions Unpaid Contingent Liabilities
NonCashAcquisitionsUnpaidContingentLiabilities
34348000
meg Non Cash Acquisitions Unpaid Contingent Liabilities
NonCashAcquisitionsUnpaidContingentLiabilities
6369000
meg Non Cash Acquisition Contingent Consideration Paid In Shares
NonCashAcquisitionContingentConsiderationPaidInShares
1087000
meg Non Cash Acquisition Contingent Consideration Paid In Shares
NonCashAcquisitionContingentConsiderationPaidInShares
1000000
meg Entity Formation Month And Year
EntityFormationMonthAndYear
2013-11
meg Number Of Offices In Which Entity Operates
NumberOfOfficesInWhichEntityOperates
120
CY2024Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
3480
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2024Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
65553000
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
51629000
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11988000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8132000
meg Contracts With Customer Assets Acquired Through Business Acquisitions
ContractsWithCustomerAssetsAcquiredThroughBusinessAcquisitions
2700000
CY2023 meg Contracts With Customer Assets Acquired Through Business Acquisitions
ContractsWithCustomerAssetsAcquiredThroughBusinessAcquisitions
2200000
meg Contracts With Customer Liabilities Acquired Through Business Acquisitions
ContractsWithCustomerLiabilitiesAcquiredThroughBusinessAcquisitions
0
CY2023 meg Contracts With Customer Liabilities Acquired Through Business Acquisitions
ContractsWithCustomerLiabilitiesAcquiredThroughBusinessAcquisitions
0
CY2024Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
400000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5200000
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
78300000
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
81900000
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
58000000
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
20300000
CY2024Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
155152000
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
115064000
CY2024Q3 meg Accounts Receivable Other
AccountsReceivableOther
498000
CY2023Q4 meg Accounts Receivable Other
AccountsReceivableOther
20000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2801000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2724000
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
152849000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
112360000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2724000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-392000
meg Allowance For Doubtful Accounts Receivable Recoveries Write Offs
AllowanceForDoubtfulAccountsReceivableRecoveriesWriteOffs
18000
meg Allowance For Doubtful Accounts Receivable Other Adjustments
AllowanceForDoubtfulAccountsReceivableOtherAdjustments
451000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2801000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1915000
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3142000
CY2023 meg Allowance For Doubtful Accounts Receivable Recoveries Write Offs
AllowanceForDoubtfulAccountsReceivableRecoveriesWriteOffs
-2333000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2724000
CY2024Q3 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1451000
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1764000
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10875000
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8112000
CY2024Q3 us-gaap Supplies
Supplies
3163000
CY2023Q4 us-gaap Supplies
Supplies
3819000
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15489000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
13695000
CY2024Q3 meg Property Plant And Equipment Gross Excluding Land And Construction In Progress
PropertyPlantAndEquipmentGrossExcludingLandAndConstructionInProgress
119511000
CY2023Q4 meg Property Plant And Equipment Gross Excluding Land And Construction In Progress
PropertyPlantAndEquipmentGrossExcludingLandAndConstructionInProgress
108592000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
64840000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
56812000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66096000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56825000
CY2024Q3 us-gaap Depreciation
Depreciation
2800000
us-gaap Depreciation
Depreciation
8700000
CY2023Q3 us-gaap Depreciation
Depreciation
2600000
us-gaap Depreciation
Depreciation
7400000
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3970000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3491000
CY2024Q3 meg Finance Lease Cost
FinanceLeaseCost
1522000
CY2023Q3 meg Finance Lease Cost
FinanceLeaseCost
1498000
CY2024Q3 us-gaap Lease Cost
LeaseCost
5492000
CY2023Q3 us-gaap Lease Cost
LeaseCost
4989000
us-gaap Operating Lease Cost
OperatingLeaseCost
12108000
us-gaap Operating Lease Cost
OperatingLeaseCost
9661000
meg Finance Lease Cost
FinanceLeaseCost
4493000
meg Finance Lease Cost
FinanceLeaseCost
4382000
us-gaap Lease Cost
LeaseCost
16601000
us-gaap Lease Cost
LeaseCost
14043000
us-gaap Operating Lease Payments
OperatingLeasePayments
9748000
us-gaap Operating Lease Payments
OperatingLeasePayments
8558000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
425000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
457000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4384000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3378000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14676000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23087000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
5806000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
5728000
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M24D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.066
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.061
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3685000
CY2024Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1382000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12902000
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4676000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10647000
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3999000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7684000
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2983000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6050000
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1733000
CY2024Q3 meg Lessee Operating Lease Liability Payments Due Year Five And Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndThereafter
7444000
CY2024Q3 meg Finance Lease Liability Payments Due Year Five And Thereafter
FinanceLeaseLiabilityPaymentsDueYearFiveAndThereafter
520000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
48412000
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
15293000
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5173000
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1683000
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
43239000
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
13610000
CY2024Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2800000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6400000
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1500000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5000000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
115330000
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
10712000
meg Business Combination Consideration Transferred Other Purchase Price Components
BusinessCombinationConsiderationTransferredOtherPurchasePriceComponents
-482000
us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
29372000
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
154932000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
2319000
CY2024Q3 meg Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables And Contract Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivablesAndContractAssets
8119000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
283000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
10721000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
2305000
CY2024Q3 meg Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Asset Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAssetNet
3345000
CY2024Q3 meg Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
118890000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
162266000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
5028000
CY2024Q3 meg Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Liability Net Of Current Portion
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiabilityNetOfCurrentPortion
2258000
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
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CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
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CY2023Q4 us-gaap Goodwill
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CY2024Q3 us-gaap Goodwill
Goodwill
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CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
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CY2024Q3 meg Accrued Paid Time Off
AccruedPaidTimeOff
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CY2023Q4 meg Accrued Paid Time Off
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CY2024Q3 us-gaap Accrued Payroll Taxes Current
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CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
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LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2024Q3 us-gaap Long Term Debt
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meg Lessee Operating Lease Expiration Year
LesseeOperatingLeaseExpirationYear
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meg Number Of Debt Incurrence Test Ratio
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CY2024Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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PreferredStockDividendsIncomeStatementImpact
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us-gaap Preferred Stock Dividends Income Statement Impact
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30143000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30143000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32647000
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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30016000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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EarningsPerShareBasic
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EarningsPerShareDiluted
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EarningsPerShareBasic
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EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
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EarningsPerShareDiluted
-1.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.39
meg Number Of Shares Out Of Money
NumberOfSharesOutOfMoney
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meg Number Of Shares Out Of Money
NumberOfSharesOutOfMoney
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CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
9574495
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1651705
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
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CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
703380
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AllocatedShareBasedCompensationExpense
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CY2023Q3 us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2023Q3 us-gaap Share Price
SharePrice
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0377
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meg Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2024Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2023Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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us-gaap Number Of Operating Segments
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us-gaap Number Of Reportable Segments
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us-gaap Number Of Operating Segments
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CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2024Q3 meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q3 meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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CY2024Q3 meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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CY2023Q3 meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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meg Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
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CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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InterestIncomeExpenseNet
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q3 us-gaap Income Tax Expense Benefit
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4480000
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2842000
CY2024Q3 us-gaap Depreciation And Amortization
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13240000
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11863000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
37408000
us-gaap Depreciation And Amortization
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33816000
CY2024Q3 us-gaap Share Based Compensation
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CY2023Q3 us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
34866000
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ShareBasedCompensation
35609000
CY2024Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1499000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6371000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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CY2024Q3 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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CY2023Q3 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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CY2024Q3 meg Fair Value Changes In Contingent Liabilities
FairValueChangesInContingentLiabilities
143000
CY2023Q3 meg Fair Value Changes In Contingent Liabilities
FairValueChangesInContingentLiabilities
459000
meg Fair Value Changes In Contingent Liabilities
FairValueChangesInContingentLiabilities
385000
meg Fair Value Changes In Contingent Liabilities
FairValueChangesInContingentLiabilities
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CY2024Q3 meg Non Capitalizable Financing Expenses
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CY2023Q3 meg Non Capitalizable Financing Expenses
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CY2023Q3 meg Other Nonoperating Expenses Related To Discontinued Operations
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OtherNonoperatingExpensesRelatedToDiscontinuedOperations
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CY2024Q3 meg Other Nonoperating Income Expense Including Discontinued Operations
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CY2023Q3 meg Other Nonoperating Income Expense Including Discontinued Operations
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CY2023Q3 us-gaap Related Party Transaction Amounts Of Transaction
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CY2024Q3 us-gaap Related Party Transaction Amounts Of Transaction
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us-gaap Related Party Transaction Amounts Of Transaction
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us-gaap Related Party Transaction Amounts Of Transaction
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us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
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CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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CY2024Q3 ecd Rule10b51 Arr Adopted Flag
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