$MLR
MILLER INDUSTRIES INC /TN/

2024 Q4 Form 10-Q Financial Statement

#000155837024015338 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $314.3M $274.6M
YoY Change 14.46% 33.57%
Cost Of Revenue $272.2M $231.7M
YoY Change 17.5% 27.04%
Gross Profit $42.03M $42.87M
YoY Change -1.96% 84.94%
Gross Profit Margin 13.37% 15.61%
Selling, General & Admin $22.33M $19.32M
YoY Change 15.57% 31.66%
% of Gross Profit 53.12% 45.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $3.320M
YoY Change 11.45% 10.48%
% of Gross Profit 8.8% 7.74%
Operating Expenses $22.33M $19.32M
YoY Change 15.57% 31.66%
Operating Profit $19.70M $23.55M
YoY Change -16.35% 176.83%
Interest Expense $251.0K $1.813M
YoY Change -86.16% 73.99%
% of Operating Profit 1.27% 7.7%
Other Income/Expense, Net $21.00K $900.0K
YoY Change -97.67% -2827.27%
Pretax Income $19.77M $22.03M
YoY Change -10.26% 224.03%
Income Tax $4.345M $4.572M
% Of Pretax Income 21.98% 20.75%
Net Earnings $15.43M $17.46M
YoY Change -11.65% 233.7%
Net Earnings / Revenue 4.91% 6.36%
Basic Earnings Per Share $1.35 $1.53
Diluted Earnings Per Share $1.33 $1.52
COMMON SHARES
Basic Shares Outstanding 11.44M 11.45M 11.45M
Diluted Shares Outstanding 11.60M 11.52M

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.60M $26.80M
YoY Change 51.49% -19.3%
Cash & Equivalents $40.60M $26.85M
Short-Term Investments
Other Short-Term Assets $10.49M $5.300M
YoY Change 97.83% -12.44%
Inventory $190.3M $176.3M
Prepaid Expenses $10.49M $5.343M
Receivables $374.0M $240.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $615.5M $449.1M
YoY Change 37.04% 27.76%
LONG-TERM ASSETS
Property, Plant & Equipment $118.6M $116.2M
YoY Change 2.02% 3.26%
Goodwill $20.00M $20.59M
YoY Change -2.89% 77.24%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $725.0K $782.0K
YoY Change -7.29% 24.92%
Total Long-Term Assets $139.9M $138.3M
YoY Change 1.15% 9.99%
TOTAL ASSETS
Total Short-Term Assets $615.5M $449.1M
Total Long-Term Assets $139.9M $138.3M
Total Assets $755.3M $587.4M
YoY Change 28.59% 23.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $234.2M $146.8M
YoY Change 59.56% 36.58%
Accrued Expenses $54.80M $40.23M
YoY Change 36.23% 33.54%
Deferred Revenue $242.0K
YoY Change -11.68%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $290.8M $188.5M
YoY Change 54.25% 36.69%
LONG-TERM LIABILITIES
Long-Term Debt $65.00M $60.00M
YoY Change 8.33% 33.33%
Other Long-Term Liabilities $286.0K $400.0K
YoY Change -28.5% -36.31%
Total Long-Term Liabilities $65.00M $60.00M
YoY Change 8.33% 33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $290.8M $188.5M
Total Long-Term Liabilities $65.00M $60.00M
Total Liabilities $360.2M $255.0M
YoY Change 41.23% 35.12%
SHAREHOLDERS EQUITY
Retained Earnings $246.6M $185.5M
YoY Change 32.9% 26.38%
Common Stock $114.0K $114.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $395.2M $332.4M
YoY Change
Total Liabilities & Shareholders Equity $755.3M $587.4M
YoY Change 28.59% 23.08%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $15.43M $17.46M
YoY Change -11.65% 233.7%
Depreciation, Depletion And Amortization $3.700M $3.320M
YoY Change 11.45% 10.48%
Cash From Operating Activities $30.30M $1.300M
YoY Change 2230.46% -59.69%
INVESTING ACTIVITIES
Capital Expenditures $6.291M $3.120M
YoY Change 101.63% -236.42%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$210.0K
YoY Change -100.0%
Cash From Investing Activities -$6.291M -$3.340M
YoY Change 88.35% 46.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.027M -2.060M
YoY Change 289.66% -170.07%
NET CHANGE
Cash From Operating Activities 30.30M 1.300M
Cash From Investing Activities -6.291M -3.340M
Cash From Financing Activities -8.027M -2.060M
Net Change In Cash 15.98M -4.100M
YoY Change -489.71% -205.72%
FREE CASH FLOW
Cash From Operating Activities $30.30M $1.300M
Capital Expenditures $6.291M $3.120M
Free Cash Flow $24.01M -$1.820M
YoY Change -1418.96% -133.02%

Facts In Submission

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MILLER INDUSTRIES, INC.
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CY2024Q1 us-gaap Net Income Loss
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17023000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2024Q2 us-gaap Stock Issued During Period Value New Issues
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CY2024Q2 us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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mlr Proceeds From Acquired Businesses Gross
ProceedsFromAcquiredBusinessesGross
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us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13984000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6548000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Net Cash Provided By Used In Financing Activities
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-4446000
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1167000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Arial Narrow';font-size:10pt;line-height:1.19;margin:6pt 0pt 6pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;">Reclassifications</b></p><p style="font-family:'Arial Narrow';font-size:10pt;line-height:1.27;text-align:justify;margin:0pt 0pt 8pt 0pt;"><span style="color:#231f20;font-family:'Times New Roman','Times','serif';">Certain prior period amounts have been reclassified for consistency with current period presentation. These reclassifications had no effect on the reported results</span><span style="font-family:'Times New Roman','Times','serif';">. Specifically</span><span style="color:#231f20;font-family:'Times New Roman','Times','serif';">, we reclassified </span><span style="font-family:'Times New Roman','Times','serif';">$61.0</span><span style="font-family:'Times New Roman','Times','serif';"> thousand and </span><span style="font-family:'Times New Roman','Times','serif';">$223.0</span><span style="font-family:'Times New Roman','Times','serif';"> thousand for the three months ended March 31, 2024 </span><span style="color:#231f20;font-family:'Times New Roman','Times','serif';">from the provision for common stock to non-employee directors and stock-based compensation on non-vested restricted stock units to stock-based compensation, respectively, and changed the vesting of executive restricted stock units line item to issuance of common stock, net of shares withheld for employee taxes on the Condensed Consolidated Statements of Shareholders’ Equity.</span></p>
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
26305000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
23077000
CY2024Q3 mlr Inventory Chassis Net Of Reserves
InventoryChassisNetOfReserves
35493000
CY2023Q4 mlr Inventory Chassis Net Of Reserves
InventoryChassisNetOfReserves
29748000
CY2024Q3 us-gaap Inventory Net
InventoryNet
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CY2023Q4 us-gaap Inventory Net
InventoryNet
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us-gaap Inventory Write Down
InventoryWriteDown
0
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
8800000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
5600000
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
231756000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
217558000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
113187000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
102486000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
118569000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
115072000
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3700000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3300000
us-gaap Depreciation
Depreciation
10600000
us-gaap Depreciation
Depreciation
9700000
CY2024Q3 us-gaap Line Of Credit Facility Periodic Payment Interest
LineOfCreditFacilityPeriodicPaymentInterest
1100000
CY2023Q3 us-gaap Line Of Credit Facility Periodic Payment Interest
LineOfCreditFacilityPeriodicPaymentInterest
1000000.0
us-gaap Line Of Credit Facility Periodic Payment Interest
LineOfCreditFacilityPeriodicPaymentInterest
3200000
us-gaap Line Of Credit Facility Periodic Payment Interest
LineOfCreditFacilityPeriodicPaymentInterest
2400000
CY2024Q3 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
65000000.0
CY2023Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
60000000.0
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
0
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
8900000
CY2024Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
92000
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
91000
us-gaap Operating Lease Payments
OperatingLeasePayments
278000
us-gaap Operating Lease Payments
OperatingLeasePayments
271000
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
91000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
317000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
143000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
25000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
11000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
617000
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
22000
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
595000
CY2024Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
161800000
CY2023Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
128700000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
146832
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
33.98
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
45.99
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
31.44
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
214493
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
37.14
CY2024Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
7680
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4776000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1598000
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
25000000.0
CY2024Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
14500
CY2024Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
900000
CY2024Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
58.67
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
49500
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2900000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
58.58
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
314271000
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
274568000
CY2024Q3 mlr Revenue Increase Decrease In Percentage
RevenueIncreaseDecreaseInPercentage
0.145
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1035593000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
857108000
mlr Revenue Increase Decrease In Percentage
RevenueIncreaseDecreaseInPercentage
0.208
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40600000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29900000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
15425000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17459000
us-gaap Net Income Loss
NetIncomeLoss
52962000
us-gaap Net Income Loss
NetIncomeLoss
41596000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11447114
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11446000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11453413
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11437000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.64
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
15425000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17459000
us-gaap Net Income Loss
NetIncomeLoss
52962000
us-gaap Net Income Loss
NetIncomeLoss
41596000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11447114
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11446000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11453413
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11437000
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
148516
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
69000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
139637
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
58000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11595630
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11515000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11593050
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11495000
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.62
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 mlr Non Rule10b51 Arrangement Modified Flag
NonRule10b51ArrangementModifiedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 mlr Rule10b51 Arrangement Modified Flag
Rule10b51ArrangementModifiedFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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