2024 Q1 Form 10-K Financial Statement

#000154934624000007 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $214.3M $217.2M $874.6M
YoY Change -0.45% -0.23% 5.65%
Cost Of Revenue $88.20M $95.83M $352.6M
YoY Change 12.85% 8.99% 12.19%
Gross Profit $126.1M $121.4M $522.0M
YoY Change -8.03% -6.48% 1.64%
Gross Profit Margin 58.84% 55.88% 59.68%
Selling, General & Admin $88.31M $94.42M $357.4M
YoY Change 8.57% 11.11% 6.43%
% of Gross Profit 70.03% 77.78% 68.47%
Research & Development $21.05M $23.44M $96.16M
YoY Change 36.64% 36.98% 46.96%
% of Gross Profit 16.69% 19.31% 18.42%
Depreciation & Amortization $21.26M $20.33M $79.73M
YoY Change 12.53% 9.08% 16.44%
% of Gross Profit 16.86% 16.75% 15.28%
Operating Expenses $109.4M $119.3M $453.6M
YoY Change 13.04% 15.24% 13.04%
Operating Profit $16.75M $2.124M $68.40M
YoY Change -58.52% -91.93% -26.94%
Interest Expense -$1.154M -$578.0K -$1.856M
YoY Change -231.14% -168.16% 38.92%
% of Operating Profit -6.89% -27.21% -2.71%
Other Income/Expense, Net $3.644M -$64.00K $3.807M
YoY Change 248.71% -557.14% -247.16%
Pretax Income $20.39M $2.060M $122.5M
YoY Change -50.77% -75.79% 34.53%
Income Tax $4.269M $3.066M $12.20M
% Of Pretax Income 20.94% 148.83% 9.96%
Net Earnings $16.12M -$1.006M $110.3M
YoY Change -50.91% -114.28% 44.89%
Net Earnings / Revenue 7.52% -0.46% 12.61%
Basic Earnings Per Share $0.45 $3.07
Diluted Earnings Per Share $0.45 -$0.03 $3.04
COMMON SHARES
Basic Shares Outstanding 35.54M shares 35.71M shares 35.88M shares
Diluted Shares Outstanding 36.07M shares 36.24M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.81M $100.5M $100.5M
YoY Change -25.07% -12.73% -12.73%
Cash & Equivalents $71.81M $100.5M $100.5M
Short-Term Investments
Other Short-Term Assets $93.10M $100.9M $100.9M
YoY Change 167.78% 203.43% 203.43%
Inventory
Prepaid Expenses
Receivables $93.99M $91.14M $91.14M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $258.9M $292.6M $292.6M
YoY Change 44.72% 35.66% 35.66%
LONG-TERM ASSETS
Property, Plant & Equipment $63.43M $64.30M $79.70M
YoY Change 12.06% 17.88% 10.47%
Goodwill $402.8M $383.3M
YoY Change 5.27% 0.37%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $83.88M $71.15M $96.03M
YoY Change 280.6% 225.91% 150.3%
Total Long-Term Assets $769.6M $743.4M $743.4M
YoY Change 15.97% 11.71% 11.71%
TOTAL ASSETS
Total Short-Term Assets $258.9M $292.6M $292.6M
Total Long-Term Assets $769.6M $743.4M $743.4M
Total Assets $1.029B $1.036B $1.036B
YoY Change 22.07% 17.57% 17.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.373M $9.108M $9.108M
YoY Change 20.51% 26.8% 26.8%
Accrued Expenses $99.21M $131.4M $131.4M
YoY Change 36.28% 47.05% 77.85%
Deferred Revenue $198.0M $203.5M
YoY Change 9.6% 8.76%
Short-Term Debt $30.00M $30.00M $30.00M
YoY Change -40.0% -40.0%
Long-Term Debt Due $30.00M $30.00M
YoY Change -40.0%
Total Short-Term Liabilities $433.0M $452.4M $452.4M
YoY Change 38.13% 17.89% 17.89%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $21.71M $22.95M $52.35M
YoY Change 57.97% 132.0% 15.05%
Total Long-Term Liabilities $21.71M $22.95M $52.35M
YoY Change 57.97% 132.0% 15.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $433.0M $452.4M $452.4M
Total Long-Term Liabilities $21.71M $22.95M $52.35M
Total Liabilities $487.2M $508.9M $508.9M
YoY Change 33.13% 17.34% 17.34%
SHAREHOLDERS EQUITY
Retained Earnings $348.1M $342.7M
YoY Change 18.31% 26.42%
Common Stock $434.8M $424.6M
YoY Change 9.71% 8.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $228.2M
YoY Change 14.1%
Treasury Stock Shares
Shareholders Equity $541.3M $527.1M $527.1M
YoY Change
Total Liabilities & Shareholders Equity $1.029B $1.036B $1.036B
YoY Change 22.07% 17.57% 17.57%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $16.12M -$1.006M $110.3M
YoY Change -50.91% -114.28% 44.89%
Depreciation, Depletion And Amortization $21.26M $20.33M $79.73M
YoY Change 12.53% 9.08% 16.44%
Cash From Operating Activities $8.300M $33.95M $140.6M
YoY Change -87.57% -44.49% -11.3%
INVESTING ACTIVITIES
Capital Expenditures $14.46M $9.945M $44.65M
YoY Change 16.81% -17.97% 3.12%
Acquisitions $19.47M $53.72M
YoY Change -74.64%
Other Investing Activities -$2.067M $17.53M -$9.671M
YoY Change -41.89% -417.5% -95.77%
Cash From Investing Activities -$16.53M $7.584M -$54.32M
YoY Change 3.71% -142.98% -80.29%
FINANCING ACTIVITIES
Cash Dividend Paid $10.66M $38.67M
YoY Change 10.36% 11.79%
Common Stock Issuance & Retirement, Net $28.21M
YoY Change -61.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$18.63M -19.50M -$102.7M
YoY Change -73.64% 111.77% 29.21%
NET CHANGE
Cash From Operating Activities $8.300M 33.95M $140.6M
Cash From Investing Activities -$16.53M 7.584M -$54.32M
Cash From Financing Activities -$18.63M -19.50M -$102.7M
Net Change In Cash -$28.68M 22.03M -$14.66M
YoY Change 48.43% -35.78% -92.63%
FREE CASH FLOW
Cash From Operating Activities $8.300M $33.95M $140.6M
Capital Expenditures $14.46M $9.945M $44.65M
Free Cash Flow -$6.161M $24.01M $95.91M
YoY Change -111.33% -51.04% -16.71%

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CY2023 us-gaap Use Of Estimates
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<div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements. Actual results could differ from those estimates. Such estimates include, but are not limited to, the determination of the allowance for doubtful accounts, the volume of expected unused licenses for our subscription-based products, the assessment of recoverability of property and equipment, the fair value of acquired goodwill and intangible assets, the amount of non-cash equity-based compensation, the assessment of recoverability of deferred tax assets, the measurement of income tax and contingent non-income tax liabilities and the determination of the incremental borrowing rate used to calculate the lease liability.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Risk</span></div><div style="margin-bottom:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that are exposed to concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable balances. Cash and cash equivalents are held with financial institutions of high quality. Balances may exceed the amount of insurance provided on such deposits.</span></div>A significant portion of the Company’s revenues are derived from customers who license content using electronic payments at the time of a transaction. The Company’s accounts receivable are primarily from enterprise customers who require invoicing. The Company performs initial and ongoing credit reviews on these customers, which involve consideration of the customers’ financial information, their location, and other factors to assess the customers’ ability to pay. The Company also performs ongoing financial condition evaluations for its existing customers.
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023 sstk Accounts Receivable Allowance For Credit Loss Writeoff Recovery And Other Adjustments
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CY2023 us-gaap Capitalized Computer Software Amortization1
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CY2022Q4 us-gaap Capitalized Computer Software Net
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CY2022Q4 us-gaap Goodwill
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CY2023 us-gaap Amortization Of Intangible Assets
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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18800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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104736000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Fdii Percent
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0.055
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.013
CY2023Q4 us-gaap Employee Related Liabilities Current
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75752000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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40314000 usd
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23702000 usd
CY2022Q4 sstk Accrued Non Income Taxes Current
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24390000 usd
CY2023Q4 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
11804000 usd
CY2022Q4 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
6608000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20185000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18075000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
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131443000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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89387000 usd
CY2023 us-gaap Severance Costs1
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12500000 usd
CY2023Q4 sstk Accrued Severance Costs Current
AccruedSeveranceCostsCurrent
7700000 usd
CY2023 sstk Common Stock Voting Rights Allotted Votes
CommonStockVotingRightsAllottedVotes
1 vote
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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72000000 usd
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.08
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.96
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
38700000 usd
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
34600000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
874587000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
827826000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773415000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
182200000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
59600000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P5Y
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
48577000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35740000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36179000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
831000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
61.32
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.30
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
64.20
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
829000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
61.34
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
301000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
34.41
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4232000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5576000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
4232000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
5400000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
4232000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
5576000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
33000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1100000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3000000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.008
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.005
CY2023 us-gaap Effective Income Tax Rate Reconciliation Fdii Percent
EffectiveIncomeTaxRateReconciliationFdiiPercent
0.064
CY2022 us-gaap Effective Income Tax Rate Reconciliation Fdii Percent
EffectiveIncomeTaxRateReconciliationFdiiPercent
0.082
CY2023 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
879000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1338000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-3303000 usd
CY2023 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1856000 usd
CY2022 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1336000 usd
CY2021 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
0 usd
CY2023 sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
4784000 usd
CY2022 sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
87000 usd
CY2021 sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
-67000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3807000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2587000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3370000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
108013000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
86207000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
104241000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
14455000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4830000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
495000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
122468000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
91037000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
24015000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16891000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7834000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5392000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3362000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2694000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8967000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5268000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4096000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24880000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1047000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
81000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12199000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14934000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12853000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.042
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.033
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.018
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.022
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.034
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.014
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.006
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.004
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.012
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.008
CY2023 sstk Effective Income Tax Rate Reconciliation Capital Loss Percent
EffectiveIncomeTaxRateReconciliationCapitalLossPercent
0
CY2022 sstk Effective Income Tax Rate Reconciliation Capital Loss Percent
EffectiveIncomeTaxRateReconciliationCapitalLossPercent
-0.017
CY2021 sstk Effective Income Tax Rate Reconciliation Capital Loss Percent
EffectiveIncomeTaxRateReconciliationCapitalLossPercent
-0.049
CY2023 sstk Effective Income Tax Rate Reconciliation Bargain Gain Percent
EffectiveIncomeTaxRateReconciliationBargainGainPercent
-0.086
CY2022 sstk Effective Income Tax Rate Reconciliation Bargain Gain Percent
EffectiveIncomeTaxRateReconciliationBargainGainPercent
0
CY2021 sstk Effective Income Tax Rate Reconciliation Bargain Gain Percent
EffectiveIncomeTaxRateReconciliationBargainGainPercent
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.004
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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0.100
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.164
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.123
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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15922000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
14947000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
101000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
81000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
6881000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
6526000 usd
CY2023Q4 sstk Deferred Tax Asset Lease Arrangements
DeferredTaxAssetLeaseArrangements
8410000 usd
CY2022Q4 sstk Deferred Tax Asset Lease Arrangements
DeferredTaxAssetLeaseArrangements
10069000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
17691000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8978000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1850000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1648000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
50855000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42249000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6841000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4622000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
44014000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
37627000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
2806000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
3867000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
11605000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
21692000 usd
CY2023Q4 sstk Deferred Tax Liabilities Deferred Expense Contingent Consideration
DeferredTaxLiabilitiesDeferredExpenseContingentConsideration
8911000 usd
CY2022Q4 sstk Deferred Tax Liabilities Deferred Expense Contingent Consideration
DeferredTaxLiabilitiesDeferredExpenseContingentConsideration
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
20692000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12068000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
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6800000 usd
CY2022 us-gaap Net Income Loss
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76103000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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13021000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10229000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9592000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
399000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
139000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1054000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2844000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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795000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
958000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
191000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
158000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13516000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13021000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10229000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12500000 usd
CY2023Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
6800000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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77400000 usd
CY2023Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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32400000 usd
CY2023 us-gaap Net Income Loss
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110269000 usd
CY2021 us-gaap Net Income Loss
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91883000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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35878000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36042000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36509000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
155000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
247000 shares
CY2023 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
264000 shares
CY2022 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
349000 shares
CY2021 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
568000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36242000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36546000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37324000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.07
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.11
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.52
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.08
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1034000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1127000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1336000 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
944000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
464000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000 shares
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
874587000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
827826000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773415000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
64300000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
54548000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
6400000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
10700000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
10200000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
10900000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
9400000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
9700000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1900000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6000000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15395000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17593000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9076000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8910000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
29404000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
35611000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
38480000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
44521000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10240000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9269000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7299000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7662000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7843000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2615000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44928000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6448000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
38480000 usd
CY2020Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3200000 usd
CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
18700000 usd
CY2023 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
15900000 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
2800000 usd
CY2023Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
45400000 usd
CY2023Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
31600000 usd
CY2023Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
4500000 usd
CY2023Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
200000 usd
CY2023Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
200000 usd
CY2023Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
0 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
81900000 usd

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