2024 Q4 Form 10-Q Financial Statement

#000079929224000092 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.143B
YoY Change 9.23%
Cost Of Revenue $833.5M
YoY Change 9.0%
Gross Profit $309.4M
YoY Change 9.83%
Gross Profit Margin 27.07%
Selling, General & Admin $127.4M
YoY Change 16.28%
% of Gross Profit 41.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.007M
YoY Change 11.31%
% of Gross Profit 1.29%
Operating Expenses $127.4M
YoY Change 16.28%
Operating Profit $182.0M
YoY Change 5.73%
Interest Expense $6.680M
YoY Change 15.17%
% of Operating Profit 3.67%
Other Income/Expense, Net
YoY Change
Pretax Income $188.7M
YoY Change 6.02%
Income Tax $43.20M
% Of Pretax Income 22.9%
Net Earnings $145.4M
YoY Change 4.63%
Net Earnings / Revenue 12.73%
Basic Earnings Per Share $5.26
Diluted Earnings Per Share $5.10
COMMON SHARES
Basic Shares Outstanding 27.21M shares 27.41M shares
Diluted Shares Outstanding 28.53M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $719.9M
YoY Change -2.22%
Cash & Equivalents $719.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $3.133B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.853B
YoY Change 10.81%
LONG-TERM ASSETS
Property, Plant & Equipment $34.71M
YoY Change -3.61%
Goodwill $16.40M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $63.10M
YoY Change 40.63%
Other Assets $258.1M
YoY Change 14.62%
Total Long-Term Assets $607.2M
YoY Change 15.32%
TOTAL ASSETS
Total Short-Term Assets $3.853B
Total Long-Term Assets $607.2M
Total Assets $4.460B
YoY Change 11.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $256.7M
YoY Change 2.31%
Accrued Expenses $56.67M
YoY Change -4.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $313.4M
YoY Change -22.62%
LONG-TERM LIABILITIES
Long-Term Debt $930.1M
YoY Change 4.04%
Other Long-Term Liabilities $371.0M
YoY Change 33.16%
Total Long-Term Liabilities $1.301B
YoY Change 10.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $313.4M
Total Long-Term Liabilities $1.301B
Total Liabilities $1.615B
YoY Change 2.34%
SHAREHOLDERS EQUITY
Retained Earnings $2.732B
YoY Change 24.39%
Common Stock $350.8M
YoY Change 0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.1M
YoY Change 99.54%
Treasury Stock Shares
Shareholders Equity $2.845B
YoY Change
Total Liabilities & Shareholders Equity $4.460B
YoY Change 11.4%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $145.4M
YoY Change 4.63%
Depreciation, Depletion And Amortization $4.007M
YoY Change 11.31%
Cash From Operating Activities -$67.94M
YoY Change -185.46%
INVESTING ACTIVITIES
Capital Expenditures $580.0K
YoY Change -76.8%
Acquisitions
YoY Change
Other Investing Activities -$16.92M
YoY Change 92.23%
Cash From Investing Activities -$17.50M
YoY Change 54.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -32.10M
YoY Change 10600.0%
NET CHANGE
Cash From Operating Activities -67.94M
Cash From Investing Activities -17.50M
Cash From Financing Activities -32.10M
Net Change In Cash -117.5M
YoY Change -273.1%
FREE CASH FLOW
Cash From Operating Activities -$67.94M
Capital Expenditures $580.0K
Free Cash Flow -$68.52M
YoY Change -188.99%

Facts In Submission

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Unaudited Condensed Consolidated Financial Statements (the “financial statements”) of M/I Homes, Inc. and its subsidiaries (the “Company”) and notes thereto have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. The financial statements include the accounts of the Company. All intercompany transactions have been eliminated. Results for the interim period are not necessarily indicative of results for a full year. In the opinion of management, the accompanying financial statements reflect all adjustments (all of which are normal and recurring in nature) necessary for a fair presentation of financial results for the interim periods presented. These financial statements should be read in conjunction with the Consolidated Financial Statements and Notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”).</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during that period. Actual results could differ from these estimates and have a significant impact on the financial condition and results of operations and cash flows. With regard to the Company, estimates and assumptions are inherent in calculations relating to valuation of inventory and investment in unconsolidated joint ventures, property and equipment depreciation, valuation of derivative financial instruments, accounts payable on inventory, accruals for costs to complete inventory, accruals for warranty claims, accruals for self-insured general liability claims, litigation, accruals for health care and workers’ compensation, accruals for guaranteed or indemnified loans, stock-based compensation expense, income taxes, and contingencies. Items that could have a significant impact on these estimates and assumptions include the risks and uncertainties listed in “Item 1A. Risk Factors” in Part I of our 2023 Form 10-K, as the same may be updated from time to time in our subsequent filings with the SEC. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Impact of New Accounting Standards and SEC Guidance</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2023-07”). ASU 2023-07 requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items to reconcile to segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also expand the interim segment disclosure requirements. ASU 2023-07 will be applied retrospectively and is effective for annual reporting periods in fiscal years beginning after December 15, 2023, and interim reporting periods in fiscal years beginning after December 31, 2024. The Company is currently evaluating the impact the adoption of ASU 2023-07 may have on our consolidated financial statements and disclosures, but we do not expect the impact to be significant. </span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2023, the FASB issued ASU No. 2023-09, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes (Topic 740): Improvements to Income Tax Disclosures</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASU 2023-09”). ASU 2023-09 requires public companies to annually (1) disclose specific categories in the income tax rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than five percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). ASU 2023-09 will be effective for the annual reporting periods in fiscal years beginning after December 15, 2024. The Company is currently evaluating the impact the adoption of ASU 2023-09 may have on our consolidated financial statements and disclosures, but we do not expect the impact to be significant.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2024, the SEC issued Final Rule Release No. 33-11275, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">The Enhancement and Standardization of Climate-Related Disclosures for Investors</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. This rule will require registrants to disclose certain climate-related information in registration statements and annual reports. The rules require information about a registrant’s climate-related risks that are reasonably likely to have a material impact on its business, results of operations, or financial condition. The required information about climate-related risks will also include disclosure of a registrant’s greenhouse gas emissions. In addition, the rules will require registrants to present certain climate-related financial metrics in their audited financial statements. These requirements are effective for the Company in various fiscal years, starting with the disclosure requirements in the Company's fiscal year beginning January 1, 2025. Disclosures will be required prospectively, with information for prior periods required only to the extent it was previously disclosed in an SEC filing. The Company is currently evaluating the final rule to determine its impact on the Company's </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">disclosures. The Rule is currently the subject of litigation in the 8th Circuit Court of Appeals. On April 4, 2024, the SEC voluntarily stayed the implementation of the Rule pending completion of the litigation. </span></div><div style="text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Significant Accounting Policies</span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">There have been no significant changes to our significant accounting policies during the quarter ended September 30, 2024 as compared to those disclosed in our 2023 Form 10-K.</span></div>
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CY2023Q4 mho Total Of Loans Covered By Guarantees
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544500000 usd
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CY2023Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
647000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1517000 usd
CY2024Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6305000 usd
CY2023Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6287000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
17329000 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33802000 usd
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33424000 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33802000 usd
CY2024Q3 mho Letters Of Credit And Bonds
LettersOfCreditAndBonds
490600000 usd
CY2024Q3 mho Outstanding Performance Bonds
OutstandingPerformanceBonds
399600000 usd
CY2024Q3 mho Performance Letters Of Credit Outstanding
PerformanceLettersOfCreditOutstanding
65600000 usd
CY2024Q3 mho Financial Letters Of Credit
FinancialLettersOfCredit
19600000 usd
CY2024Q3 mho Outstanding Letters Of Credit In Lieu Of Cash Deposits Under Certain Land Option Contracts
OutstandingLettersOfCreditInLieuOfCashDepositsUnderCertainLandOptionContracts
19100000 usd
CY2024Q3 mho Financial Bonds
FinancialBonds
4700000 usd
CY2024Q3 mho Corporate Notes
CorporateNotes
1200000 usd
CY2024Q3 us-gaap Purchase Options Land
PurchaseOptionsLand
1390000000 usd
CY2024Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1000000.0 usd
CY2024Q3 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
2220000000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q3 mho Letters Of Credit Outstanding Under Credit Facility
LettersOfCreditOutstandingUnderCreditFacility
85200000 usd
CY2024Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
564800000 usd
CY2024Q3 mho Maximum Borrowing Availability Under All Credit Lines
MaximumBorrowingAvailabilityUnderAllCreditLines
270000000 usd
CY2023Q4 mho Maximum Borrowing Availability Under All Credit Lines
MaximumBorrowingAvailabilityUnderAllCreditLines
300000000 usd
CY2024Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
235400000 usd
CY2023Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
165800000 usd
CY2024Q3 us-gaap Equity Restrictions
EquityRestrictions
887200000 usd
CY2023Q4 us-gaap Equity Restrictions
EquityRestrictions
813700000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
145449000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
139016000 usd
us-gaap Net Income Loss
NetIncomeLoss
430256000 usd
us-gaap Net Income Loss
NetIncomeLoss
360083000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27644000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27909000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27857000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27769000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
890000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
928000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
846000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
862000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28534000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28837000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28703000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28631000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.26
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.97
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.10
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.82
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
14.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.58
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2800000 usd
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3100000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43200000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38900000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.229 rate
CY2024Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
132800000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
109200000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.236 rate
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.233 rate
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
200000 usd
CY2024Q3 us-gaap Revenues
Revenues
1142909000 usd
CY2023Q3 us-gaap Revenues
Revenues
1046371000 usd
us-gaap Revenues
Revenues
3299393000 usd
us-gaap Revenues
Revenues
3060914000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
181993000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
172131000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
542103000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
457376000 usd
CY2024Q3 mho Interest Income Net Of Interest Expense
InterestIncomeNetOfInterestExpense
6680000 usd
CY2023Q3 mho Interest Income Net Of Interest Expense
InterestIncomeNetOfInterestExpense
5834000 usd
mho Interest Income Net Of Interest Expense
InterestIncomeNetOfInterestExpense
20948000 usd
mho Interest Income Net Of Interest Expense
InterestIncomeNetOfInterestExpense
11893000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
34000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
188673000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
177964000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
563051000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
469303000 usd
CY2024Q3 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
63758000 usd
CY2024Q3 mho Inventory Segments
InventorySegments
3068936000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
63095000 usd
CY2024Q3 mho Other Combined Assets
OtherCombinedAssets
1264068000 usd
CY2024Q3 us-gaap Assets
Assets
4459857000 usd
CY2023Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
51608000 usd
CY2023Q4 mho Inventory Segments
InventorySegments
2745543000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
44011000 usd
CY2023Q4 mho Other Combined Assets
OtherCombinedAssets
1181278000 usd
CY2023Q4 us-gaap Assets
Assets
4022440000 usd
CY2021Q3 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2022Q1 mho Stock Repurchase Program Authorized Amount Increasedecrease
StockRepurchaseProgramAuthorizedAmountIncreasedecrease
100000000 usd
CY2023Q4 mho Stock Repurchase Program Authorized Amount Increasedecrease
StockRepurchaseProgramAuthorizedAmountIncreasedecrease
100000000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
CY2024Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
300000 shares
CY2024Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
50200000 usd
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
156900000 usd
CY2024Q3 us-gaap Revenues
Revenues
1142909000 usd
CY2023Q3 us-gaap Revenues
Revenues
1046371000 usd
us-gaap Revenues
Revenues
3299393000 usd
us-gaap Revenues
Revenues
3060914000 usd
CY2024Q3 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-8700000 usd
CY2023Q3 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
7400000 usd
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-4700000 usd
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
11500000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd

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