$MSCI
MSCI Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021021208 Filed on April 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $478.4M $416.8M
YoY Change 14.79% 12.22%
Cost Of Revenue $85.78M $74.61M
YoY Change 14.97% -9.4%
Gross Profit $392.6M $342.2M
YoY Change 14.75% 18.38%
Gross Profit Margin 82.07% 82.1%
Selling, General & Admin $91.20M $86.38M
YoY Change 5.57% 3.4%
% of Gross Profit 23.23% 25.25%
Research & Development $24.86M $26.56M
YoY Change -6.4% 14.63%
% of Gross Profit 6.33% 7.76%
Depreciation & Amortization $7.100M $7.567M
YoY Change -6.17% -3.61%
% of Gross Profit 1.81% 2.21%
Operating Expenses $116.1M $112.9M
YoY Change 2.76% 5.84%
Operating Profit $254.4M $207.9M
YoY Change 22.36% 27.79%
Interest Expense $37.58M $40.23M
YoY Change -6.58% 12.02%
% of Operating Profit 14.78% 19.35%
Other Income/Expense, Net -$38.35M -$45.04M
YoY Change -14.85% 30.98%
Pretax Income $216.0M $162.8M
YoY Change 32.66% 26.94%
Income Tax $19.21M $14.72M
% Of Pretax Income 8.89% 9.04%
Net Earnings $196.8M $148.1M
YoY Change 32.87% -16.87%
Net Earnings / Revenue 41.14% 35.54%
Basic Earnings Per Share $2.38 $1.75
Diluted Earnings Per Share $2.36 $1.73
COMMON SHARES
Basic Shares Outstanding 82.64M 84.87M
Diluted Shares Outstanding 83.49M 85.55M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.747B $1.067B
YoY Change 63.75% 65.98%
Cash & Equivalents $1.747B $1.067B
Short-Term Investments
Other Short-Term Assets $52.60M $70.90M
YoY Change -25.81% -34.35%
Inventory
Prepaid Expenses
Receivables $506.8M $482.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.307B $1.620B
YoY Change 42.4% 37.52%
LONG-TERM ASSETS
Property, Plant & Equipment $75.71M $86.28M
YoY Change -12.25% -66.39%
Goodwill $1.567B $1.559B
YoY Change 0.46%
Intangibles
YoY Change
Long-Term Investments $187.9M $190.8M
YoY Change -1.52%
Other Assets $48.40M $38.40M
YoY Change 26.04% -2.54%
Total Long-Term Assets $2.259B $2.292B
YoY Change -1.44% 8.23%
TOTAL ASSETS
Total Short-Term Assets $2.307B $1.620B
Total Long-Term Assets $2.259B $2.292B
Total Assets $4.566B $3.912B
YoY Change 16.71% 18.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.300M $5.900M
YoY Change 23.73% 180.95%
Accrued Expenses $223.8M $201.5M
YoY Change 11.07% 9.93%
Deferred Revenue $672.1M $574.5M
YoY Change 16.99% 6.78%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $496.4M
YoY Change
Total Short-Term Liabilities $1.425B $798.3M
YoY Change 78.54% 10.75%
LONG-TERM LIABILITIES
Long-Term Debt $3.370B $3.170B
YoY Change 6.29% 23.04%
Other Long-Term Liabilities $237.9M $239.4M
YoY Change -0.63% 1.74%
Total Long-Term Liabilities $3.607B $3.170B
YoY Change 13.8% 12.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.425B $798.3M
Total Long-Term Liabilities $3.607B $3.170B
Total Liabilities $5.047B $4.266B
YoY Change 18.31% 18.11%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$481.6M -$354.3M
YoY Change
Total Liabilities & Shareholders Equity $4.566B $3.912B
YoY Change 16.71% 18.7%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $196.8M $148.1M
YoY Change 32.87% -16.87%
Depreciation, Depletion And Amortization $7.100M $7.567M
YoY Change -6.17% -3.61%
Cash From Operating Activities $215.5M $112.8M
YoY Change 91.06% 28.33%
INVESTING ACTIVITIES
Capital Expenditures $664.0K $3.613M
YoY Change -81.62% 14.48%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$190.8M
YoY Change -100.0%
Cash From Investing Activities -$10.36M -$201.6M
YoY Change -94.86% 2378.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $187.2M $372.9M
YoY Change -49.81% 31.09%
Debt Paid & Issued, Net $307.9M
YoY Change
Cash From Financing Activities 245.5M -340.1M
YoY Change -172.2% -0.45%
NET CHANGE
Cash From Operating Activities 215.5M 112.8M
Cash From Investing Activities -10.36M -201.6M
Cash From Financing Activities 245.5M -340.1M
Net Change In Cash 446.6M -439.7M
YoY Change -201.57% 68.22%
FREE CASH FLOW
Cash From Operating Activities $215.5M $112.8M
Capital Expenditures $664.0K $3.613M
Free Cash Flow $214.8M $109.2M
YoY Change 96.77% 28.85%

Facts In Submission

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<p style="margin-top:18pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the three months ended March 31, 2021 and 2020, BlackRock, Inc. accounted for 12.0% and 11.3% of the Company’s consolidated operating revenues, respectively. For the three months ended March 31, 2021 and 2020, BlackRock, Inc. accounted for 19.2% and 18.5% of the Index segment operating revenues, respectively. No single customer represented 10.0% or more of operating revenues within the Analytics, ESG and Climate and All Other – Private Assets segments for the three months ended March 31, 2021 and 2020.</p>
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574472000
CY2020Q1 msci Accounts Receivable Increase Decrease
AccountsReceivableIncreaseDecrease
-17278000
CY2020Q1 msci Contract With Customer Liability Increase Decrease
ContractWithCustomerLiabilityIncreaseDecrease
-184000
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
270300000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
212400000
CY2021Q1 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
For contracts that have a duration of one year or less, the Company has not disclosed either the remaining performance obligation as of the end of the reporting period or when the Company expects to recognize the revenue.
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
19339000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
611216000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
196819000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
148125000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82640000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84870000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
853000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
678000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83493000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85548000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.38
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.36
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.73
CY2021Q1 msci Computer And Related Equipment Gross
ComputerAndRelatedEquipmentGross
185390000
CY2020Q4 msci Computer And Related Equipment Gross
ComputerAndRelatedEquipmentGross
186786000
CY2021Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
14949000
CY2020Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
15276000
CY2021Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
55993000
CY2020Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
56537000
CY2021Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1118000
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2996000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
257450000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
261595000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
181738000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
181149000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
75712000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
80446000
CY2021Q1 us-gaap Depreciation
Depreciation
7100000
CY2020Q1 us-gaap Depreciation
Depreciation
7600000
CY2020Q4 us-gaap Goodwill
Goodwill
1566022000
CY2021Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
519000
CY2021Q1 us-gaap Goodwill
Goodwill
1566541000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15068000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13776000
CY2021Q1 msci Finite Lived Intangible Assets Gross Excluding Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsGrossExcludingAccumulatedForeignExchangeTranslationAdjustment
893234000
CY2020Q4 msci Finite Lived Intangible Assets Gross Excluding Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsGrossExcludingAccumulatedForeignExchangeTranslationAdjustment
883535000
CY2021Q1 msci Finite Lived Intangible Assets Gross Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsGrossAccumulatedForeignExchangeTranslationAdjustment
-4795000
CY2020Q4 msci Finite Lived Intangible Assets Gross Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsGrossAccumulatedForeignExchangeTranslationAdjustment
-5262000
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
888439000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
878273000
CY2021Q1 msci Finite Lived Intangible Assets Accumulated Amortization Excluding Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsAccumulatedAmortizationExcludingForeignExchangeTranslationAdjustment
658978000
CY2021Q1 msci Finite Lived Intangible Assets Accumulated Amortization Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignExchangeTranslationAdjustment
-134000
CY2020Q4 msci Finite Lived Intangible Assets Accumulated Amortization Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignExchangeTranslationAdjustment
-373000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
658844000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
643525000
CY2021Q1 msci Finite Lived Intangible Assets Net Excluding Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsNetExcludingAccumulatedForeignExchangeTranslationAdjustment
234256000
CY2020Q4 msci Finite Lived Intangible Assets Net Excluding Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsNetExcludingAccumulatedForeignExchangeTranslationAdjustment
239637000
CY2021Q1 msci Finite Lived Intangible Assets Net Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsNetAccumulatedForeignExchangeTranslationAdjustment
-4661000
CY2020Q4 msci Finite Lived Intangible Assets Net Accumulated Foreign Exchange Translation Adjustment
FiniteLivedIntangibleAssetsNetAccumulatedForeignExchangeTranslationAdjustment
-4889000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
229595000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
234748000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
46478000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
55353000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
44685000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
36164000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
21026000
CY2021Q1 msci Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
25889000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
229595000
CY2021Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
3900000000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
3865894000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
3366777000
CY2021Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4024140000
CY2020Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3616323000
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
7600000
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
9000000.0
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
20543000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26447000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
25334000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20008000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19528000
CY2021Q1 msci Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
88134000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
199994000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
28363000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
171631000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
22335000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
149296000
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0332
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
7632000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4144000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65947000
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
66153000
CY2021Q1 msci Increase Decrease In Released Deferred Dividends
IncreaseDecreaseInReleasedDeferredDividends
-206000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
59233000
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
59455000
CY2020Q1 msci Increase Decrease In Released Deferred Dividends
IncreaseDecreaseInReleasedDeferredDividends
-222000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19200000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14700000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.089
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.090
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.089
CY2021Q1 msci Tax Benefits Recognized During The Current Year And Unrelated To Current Year Earnings
TaxBenefitsRecognizedDuringTheCurrentYearAndUnrelatedToCurrentYearEarnings
22300000
CY2021Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
20400000
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.090
CY2020Q1 msci Tax Benefits Recognized During The Current Year And Unrelated To Current Year Earnings
TaxBenefitsRecognizedDuringTheCurrentYearAndUnrelatedToCurrentYearEarnings
22400000
CY2020Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
18900000
CY2020Q1 msci Tax Impact Of Refinancing Expenses Recognized
TaxImpactOfRefinancingExpensesRecognized
-2600000
CY2020Q1 msci Tax Benefit From Revaluation Of Repatriation Of Foreign Earnings
TaxBenefitFromRevaluationOfRepatriationOfForeignEarnings
800000
CY2021Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
14800000
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
478423000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
416780000
CY2021Q1 msci Operating Segment Profitability
OperatingSegmentProfitability
276586000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15068000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13776000
CY2021Q1 us-gaap Depreciation
Depreciation
7143000
CY2020Q1 us-gaap Depreciation
Depreciation
7567000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
254375000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
207884000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-38347000
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-45035000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19209000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14724000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
196819000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
148125000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
478423000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
416780000
CY2021Q1 us-gaap Noncurrent Assets
NoncurrentAssets
285522000
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
289806000

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