2024 Q2 Form 10-K Financial Statement

#000121390024044761 Filed on May 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $406.3M $413.7M $1.560B
YoY Change 3.02% 6.19%
Cost Of Revenue $222.3M $235.4M $889.8M
YoY Change -2.5% 2.93%
Gross Profit $184.0M $178.3M $670.5M
YoY Change 10.51% 10.86%
Gross Profit Margin 45.29% 43.1% 42.97%
Selling, General & Admin $67.60M $64.60M $253.5M
YoY Change 11.92% 10.36%
% of Gross Profit 36.74% 36.23% 37.81%
Research & Development $33.00M
YoY Change 3.77%
% of Gross Profit 4.92%
Depreciation & Amortization $30.00M $29.70M $119.3M
YoY Change 1.35% 3.38%
% of Gross Profit 16.3% 16.66% 17.79%
Operating Expenses $67.60M $80.50M $286.5M
YoY Change -12.77% 24.73%
Operating Profit $97.50M $97.80M $342.2M
YoY Change 9.55% 16.79%
Interest Expense $17.20M -$18.80M $78.70M
YoY Change -179.26% 2.61%
% of Operating Profit 17.64% -19.22% 23.0%
Other Income/Expense, Net -$400.0K -$1.300M -$1.700M
YoY Change -90.24% -130.23% -74.24%
Pretax Income $79.90M $74.10M $261.8M
YoY Change 32.5% 24.85%
Income Tax $18.50M $12.50M $51.90M
% Of Pretax Income 23.15% 16.87% 19.82%
Net Earnings $61.40M $55.90M $209.9M
YoY Change 41.15% 25.91%
Net Earnings / Revenue 15.11% 13.51% 13.45%
Basic Earnings Per Share $1.92 $6.47
Diluted Earnings Per Share $1.90 $1.91 $6.41
COMMON SHARES
Basic Shares Outstanding 29.21M shares 29.18M shares 28.92M shares
Diluted Shares Outstanding 29.29M shares 29.19M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $76.80M $63.50M $63.50M
YoY Change 17.43% -2.91%
Cash & Equivalents $76.80M $63.50M $63.50M
Short-Term Investments
Other Short-Term Assets $19.70M $17.10M $17.10M
YoY Change 18.67% 3.01%
Inventory $635.0M $622.8M $622.8M
Prepaid Expenses
Receivables $254.7M $255.2M $262.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $994.2M $965.5M $965.5M
YoY Change 8.86% 5.72%
LONG-TERM ASSETS
Property, Plant & Equipment $356.8M $361.0M $402.4M
YoY Change -4.93% -3.43%
Goodwill $1.874B $1.875B
YoY Change 0.24%
Intangibles $1.376B $1.392B
YoY Change -5.3%
Long-Term Investments
YoY Change
Other Assets $44.50M $43.90M $43.90M
YoY Change 18.04% 16.45%
Total Long-Term Assets $3.702B $3.713B $3.713B
YoY Change -1.98% -1.69%
TOTAL ASSETS
Total Short-Term Assets $994.2M $965.5M $965.5M
Total Long-Term Assets $3.702B $3.713B $3.713B
Total Assets $4.697B $4.679B $4.679B
YoY Change 0.13% -0.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.5M $116.2M $116.2M
YoY Change -13.15% -20.84%
Accrued Expenses $41.00M $38.00M $110.3M
YoY Change 3.54% 3.47%
Deferred Revenue $30.50M $22.50M
YoY Change 48.06%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.800M $3.800M $9.500M
YoY Change 153.33% 41.79%
Total Short-Term Liabilities $330.3M $294.3M $294.3M
YoY Change 6.79% -4.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.128B $1.188B $1.235B
YoY Change -19.08% -14.37%
Other Long-Term Liabilities $111.6M $124.8M $113.4M
YoY Change -9.05% 4.9%
Total Long-Term Liabilities $1.239B $1.313B $1.348B
YoY Change -18.27% -13.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $330.3M $294.3M $294.3M
Total Long-Term Liabilities $1.239B $1.313B $1.348B
Total Liabilities $1.893B $1.927B $1.927B
YoY Change -12.16% -10.57%
SHAREHOLDERS EQUITY
Retained Earnings $1.273B $1.217B
YoY Change 23.56%
Common Stock $300.0K $300.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $99.10M $91.10M
YoY Change 23.72%
Treasury Stock Shares
Shareholders Equity $2.804B $2.752B $2.752B
YoY Change
Total Liabilities & Shareholders Equity $4.697B $4.679B $4.679B
YoY Change 0.13% -0.25%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income $61.40M $55.90M $209.9M
YoY Change 41.15% 25.91%
Depreciation, Depletion And Amortization $30.00M $29.70M $119.3M
YoY Change 1.35% 3.38%
Cash From Operating Activities $97.40M $79.50M $274.7M
YoY Change 36.61% 24.52%
INVESTING ACTIVITIES
Capital Expenditures $9.000M $9.500M $33.20M
YoY Change -27.42% -20.95%
Acquisitions $19.30M
YoY Change -170.18%
Other Investing Activities $0.00 -$19.00M
YoY Change -167.86%
Cash From Investing Activities -$9.000M -$9.500M -$52.20M
YoY Change -27.42% 272.86%
FINANCING ACTIVITIES
Cash Dividend Paid $5.700M
YoY Change
Common Stock Issuance & Retirement, Net $11.00M
YoY Change 42.86%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$74.70M -76.50M -$223.5M
YoY Change -1.45% -30.76%
NET CHANGE
Cash From Operating Activities $97.40M 79.50M $274.7M
Cash From Investing Activities -$9.000M -9.500M -$52.20M
Cash From Financing Activities -$74.70M -76.50M -$223.5M
Net Change In Cash $13.30M -6.500M -$1.900M
YoY Change -178.7% -98.38%
FREE CASH FLOW
Cash From Operating Activities $97.40M $79.50M $274.7M
Capital Expenditures $9.000M $9.500M $33.20M
Free Cash Flow $88.40M $70.00M $241.5M
YoY Change 50.08% 35.22%

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CY2023Q2 rbc Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
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CY2021Q2 rbc Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
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CY2022 rbc Financing Receivable Allowance For Credit Losses Additions
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CY2022 us-gaap Provision For Loan Lease And Other Losses
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CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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400000 usd
CY2022Q2 rbc Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
2700000 usd
CY2024Q1 us-gaap Inventory Raw Materials
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138100000 usd
CY2023Q2 us-gaap Inventory Raw Materials
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132400000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
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CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
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CY2024Q1 us-gaap Inventory Finished Goods
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346800000 usd
CY2023Q2 us-gaap Inventory Finished Goods
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CY2023Q2 us-gaap Inventory Net
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587200000 usd
CY2024Q1 us-gaap Land
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25200000 usd
CY2023Q2 us-gaap Land
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25200000 usd
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175000000 usd
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497800000 usd
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CY2024Q1 us-gaap Property Plant And Equipment Gross
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698000000 usd
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CY2024 us-gaap Depreciation Expense On Reclassified Assets
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CY2023 us-gaap Depreciation Expense On Reclassified Assets
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CY2022 us-gaap Depreciation Expense On Reclassified Assets
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CY2024Q1 rbc Finance Leases Included In Buildings And Improvements
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FinanceLeasesIncludedInBuildingsAndImprovements
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CY2023Q2 rbc Finance Leases Included In Machinery And Equipment
FinanceLeasesIncludedInMachineryAndEquipment
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CY2024Q1 rbc Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
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CY2023Q2 rbc Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
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FinanceLeaseRightOfUseAssetAmortization
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CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
41400000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
41400000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
49400000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
52200000 usd
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90800000 usd
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93600000 usd
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7600000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
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5700000 usd
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5200000 usd
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35300000 usd
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33900000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
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46700000 usd
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48500000 usd
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CY2023Q2 rbc Total Lease Liabilities
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95200000 usd
CY2024 rbc Cash Paid Included In The Measurement Of Operating Lease Liabilities
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CY2023 rbc Cash Paid Included In The Measurement Of Operating Lease Liabilities
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CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2024 rbc Cash Paid Included In The Measurement Of Finance Lease Liabilities
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CY2023 rbc Cash Paid Included In The Measurement Of Finance Lease Liabilities
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CY2024 us-gaap Finance Lease Principal Payments
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3600000 usd
CY2023 us-gaap Finance Lease Principal Payments
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3200000 usd
CY2024 rbc Cash Payments Included Within The Operating Cash Flow Section Of Consolidated Statements Of Cash Flows
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CY2023 rbc Cash Payments Included Within The Operating Cash Flow Section Of Consolidated Statements Of Cash Flows
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
10100000 usd
CY2023 us-gaap Operating Lease Expense
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9900000 usd
CY2022 us-gaap Operating Lease Expense
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8300000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
6700000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
5000000 usd
CY2024 us-gaap Finance Lease Interest Expense
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1700000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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6400000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
4500000 usd
CY2023 us-gaap Finance Lease Interest Expense
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CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P14Y3M18D
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2024 rbc Finite Lived Intangible Asset Useful Life Total
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CY2023 rbc Finite Lived Intangible Asset Useful Life Total
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18700000 usd
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1400000 usd
CY2023Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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800000 usd
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8800000 usd
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2100000 usd
CY2023Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
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800000 usd
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5100000 usd
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1902100000 usd
CY2023 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
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28700000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2023Q2 us-gaap Goodwill Gross
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1869800000 usd
CY2024 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
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CY2024 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2024Q1 us-gaap Goodwill Gross
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1874900000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
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1598100000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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230500000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
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1589900000 usd
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161300000 usd
CY2024 rbc Nonamortizable Repair Station Certifications
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CY2023 rbc Nonamortizable Repair Station Certifications
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CY2024Q1 us-gaap Intangible Assets Gross Excluding Goodwill
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24300000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
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24300000 usd
CY2024Q1 rbc Total Gross Carrying Amount
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230500000 usd
CY2023Q2 rbc Total Gross Carrying Amount
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CY2023Q2 rbc Finite Lived Intangible Assets Accumulated Amortization Net
FiniteLivedIntangibleAssetsAccumulatedAmortizationNet
161300000 usd
CY2024 us-gaap Amortization Of Intangible Assets
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70400000 usd
CY2023 us-gaap Amortization Of Intangible Assets
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69100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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34700000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
67800000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
66100000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
65300000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
63900000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
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CY2024Q1 us-gaap Employee Related Liabilities Current
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35700000 usd
CY2023Q2 us-gaap Employee Related Liabilities Current
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34700000 usd
CY2024Q1 us-gaap Taxes Payable Current
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23100000 usd
CY2023Q2 us-gaap Taxes Payable Current
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17500000 usd
CY2024Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
22500000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
20600000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
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38000000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
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39600000 usd
CY2024Q1 us-gaap Workers Compensation Liability Current
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400000 usd
CY2023Q2 us-gaap Workers Compensation Liability Current
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800000 usd
CY2024Q1 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
100000 usd
CY2023Q2 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
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CY2024Q1 us-gaap Finance Lease Liability Current
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5700000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
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5200000 usd
CY2024Q1 us-gaap Dividends Payable Current
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4800000 usd
CY2023Q2 us-gaap Dividends Payable Current
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4900000 usd
CY2024Q1 us-gaap Interest Payable Current
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10400000 usd
CY2023Q2 us-gaap Interest Payable Current
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10600000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
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300000 usd
CY2023Q2 us-gaap Accrued Professional Fees Current
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300000 usd
CY2024Q1 rbc Legal Accrued Expenses
LegalAccruedExpenses
1300000 usd
CY2023Q2 rbc Legal Accrued Expenses
LegalAccruedExpenses
1600000 usd
CY2024Q1 us-gaap Product Warranty Accrual Classified Current
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9200000 usd
CY2023Q2 us-gaap Product Warranty Accrual Classified Current
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7500000 usd
CY2024Q1 rbc Travel And Expense Costs
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4400000 usd
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11400000 usd
CY2023Q2 us-gaap Other Liabilities Current
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8400000 usd
CY2024Q1 us-gaap Accrued Liabilities And Other Liabilities
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167300000 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
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153400000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
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CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
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CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
675000000 usd
CY2024 us-gaap Line Of Credit Facility Covenant Terms
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The Credit Agreement requires the Company to comply with various covenants, including the following financial covenants: (a) a maximum Total Net Leverage Ratio (as defined within the Credit Agreement) of 5.00:1.00, which maximum Total Net Leverage Ratio shall decrease during certain subsequent test periods as set forth in the Credit Agreement (provided that, no more than once during the term of the Facilities, such maximum ratio applicable at such time may be increased by the Company by 0.50:1.00 for a period of twelve (12) months after the consummation of a material acquisition); and (b) a minimum Interest Coverage Ratio of 2.00:1.00.
CY2024 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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675000000 usd
CY2024Q1 rbc Revolving Credit Facility Borrowing Capacity
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478300000 usd
CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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492000000 usd
CY2024 rbc Debt Instrument Interest Rate
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CY2024 rbc Bank Guarantee Amount
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CY2024Q1 us-gaap Long Term Line Of Credit
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CY2023Q2 us-gaap Long Term Line Of Credit
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900000000 usd
CY2024Q1 us-gaap Senior Notes
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CY2023Q2 us-gaap Senior Notes
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500000000 usd
CY2024Q1 us-gaap Deferred Finance Costs Net
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10700000 usd
CY2023Q2 us-gaap Deferred Finance Costs Net
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13700000 usd
CY2024Q1 us-gaap Other Long Term Debt
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7400000 usd
CY2023Q2 us-gaap Other Long Term Debt
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8700000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
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1191900000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
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1395000000 usd
CY2024Q1 us-gaap Long Term Debt Current
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CY2023Q2 us-gaap Long Term Debt Current
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1188100000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
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1393500000 usd
CY2022Q4 us-gaap Derivative Remaining Maturity1
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P3Y
CY2024Q1 us-gaap Derivative Notional Amount
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400000000 usd
CY2024Q1 us-gaap Derivative Fixed Interest Rate
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0.04455 pure
CY2024 rbc Specified Time Period
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10000000 usd
CY2024Q1 us-gaap Accrued Income Taxes Noncurrent
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14100000 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
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14600000 usd
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29900000 usd
CY2023Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
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25700000 usd
CY2024Q1 us-gaap Contract With Customer Liability Noncurrent
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19900000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
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19800000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
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46700000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
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48500000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Noncurrent
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3500000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Noncurrent
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4100000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
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124800000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
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122700000 usd
CY2024Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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9100000 usd
CY2023Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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8700000 usd
CY2024Q1 rbc Projected Benefit Obligation
ProjectedBenefitObligation
3700000 usd
CY2023Q2 rbc Projected Benefit Obligation
ProjectedBenefitObligation
3800000 usd
CY2024Q1 rbc Discount Rates Used To Determine The Funded Status Of The Plan
DiscountRatesUsedToDetermineTheFundedStatusOfThePlan
0.05 pure
CY2023Q2 rbc Discount Rates Used To Determine The Funded Status Of The Plan
DiscountRatesUsedToDetermineTheFundedStatusOfThePlan
0.047 pure
CY2024Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
5400000 usd
CY2023Q2 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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4900000 usd
CY2024 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
100000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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200000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2024 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.047 pure
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.033 pure
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.027 pure
CY2024 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
9600000 usd
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
8600000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4600000 usd
CY2024Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
5800000 usd
CY2023Q2 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
6300000 usd
CY2024Q1 us-gaap Accrued Employee Benefits Current
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800000 usd
CY2023Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
800000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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AmortizationOfIntangibleAssets
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CY2024 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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CY2024 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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GrossProfit
604800000 usd
CY2022 us-gaap Gross Profit
GrossProfit
357100000 usd
CY2024 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
253500000 usd
CY2023 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
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CY2022 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
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CY2024 us-gaap Other Operating Income
OtherOperatingIncome
342200000 usd
CY2023 us-gaap Other Operating Income
OtherOperatingIncome
293000000 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
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CY2024Q1 us-gaap Other Assets
OtherAssets
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CY2023Q2 us-gaap Other Assets
OtherAssets
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CY2022Q2 us-gaap Other Assets
OtherAssets
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CY2024 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
33200000 usd
CY2023 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
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CY2022 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
29800000 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
119300000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
115400000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65500000 usd
CY2024 rbc Geographic External Sales
GeographicExternalSales
1560300000 usd
CY2023 rbc Geographic External Sales
GeographicExternalSales
1469300000 usd
CY2022 rbc Geographic External Sales
GeographicExternalSales
942900000 usd
CY2024 rbc Geographic Long Lived Asset
GeographicLongLivedAsset
402400000 usd
CY2023 rbc Geographic Long Lived Asset
GeographicLongLivedAsset
416700000 usd
CY2022 rbc Geographic Long Lived Asset
GeographicLongLivedAsset
431200000 usd
CY2024 rbc Number Of Equity Members
NumberOfEquityMembers
5 pure
CY2024 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
700000 usd
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1800000 usd
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024 dei Auditor Firm
AuditorFirmId
42
CY2022 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
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CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2024 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2024 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2024 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2024 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2024 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2024 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2024 rbc Proceeds From Senior Notes Net Of Financing Costs
ProceedsFromSeniorNotesNetOfFinancingCosts
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CY2023 rbc Proceeds From Senior Notes Net Of Financing Costs
ProceedsFromSeniorNotesNetOfFinancingCosts
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CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2024 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset
CY2023Q2 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet
CY2024Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent
CY2023Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent
CY2024Q1 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesAndOtherLiabilities
CY2023Q2 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#AccruedLiabilitiesAndOtherLiabilities
CY2024Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent
CY2023Q2 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent
CY2024Q1 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2023Q2 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
usd
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
usd
CY2024 dei Amendment Flag
AmendmentFlag
false
CY2024 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-30
CY2024 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2024 dei Entity Central Index Key
EntityCentralIndexKey
0001324948

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