2023 Q2 Form 10-Q Financial Statement

#000162828023015593 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q2
Revenue $435.4M $420.9M
YoY Change 3.43% -1.61%
Cost Of Revenue $354.0M $353.4M
YoY Change 0.19% 1.93%
Gross Profit $81.35M $67.57M
YoY Change 20.4% -16.74%
Gross Profit Margin 18.68% 16.05%
Selling, General & Admin $46.36M $51.92M
YoY Change -10.71% 0.63%
% of Gross Profit 56.99% 76.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.19M $50.48M
YoY Change -0.58% -9.16%
% of Gross Profit 61.69% 74.71%
Operating Expenses $97.26M $103.1M
YoY Change -5.68% -4.43%
Operating Profit -$15.48M -$34.30M
YoY Change -54.88% 36.86%
Interest Expense $27.42M $20.15M
YoY Change 36.09% -16.69%
% of Operating Profit
Other Income/Expense, Net $5.710M $696.0K
YoY Change 720.4% -85.76%
Pretax Income -$37.68M -$39.54M
YoY Change -4.72% 37.84%
Income Tax -$6.500M -$4.700M
% Of Pretax Income
Net Earnings -$31.21M -$34.80M
YoY Change -10.31% 49.71%
Net Earnings / Revenue -7.17% -8.27%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.26 -$288.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $379.5M $287.4M
YoY Change 32.03% -20.1%
Cash & Equivalents $379.5M $287.4M
Short-Term Investments
Other Short-Term Assets $24.61M $14.31M
YoY Change 72.02% -30.48%
Inventory $234.6M $187.0M
Prepaid Expenses
Receivables $236.6M $239.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $890.9M $777.8M
YoY Change 14.53% -9.39%
LONG-TERM ASSETS
Property, Plant & Equipment $1.904B $1.795B
YoY Change 6.05% -6.78%
Goodwill $1.160B $1.146B
YoY Change 1.16% -4.59%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $45.52M $43.20M
YoY Change 5.38% -19.15%
Total Long-Term Assets $3.324B $3.365B
YoY Change -1.23% -3.65%
TOTAL ASSETS
Total Short-Term Assets $890.9M $777.8M
Total Long-Term Assets $3.324B $3.365B
Total Assets $4.215B $4.143B
YoY Change 1.73% -4.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $139.0M $146.3M
YoY Change -5.01% -2.63%
Accrued Expenses $97.48M $113.6M
YoY Change -14.17% -12.87%
Deferred Revenue $4.233M $6.734M
YoY Change -37.14% -51.66%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $5.096M $6.354M
YoY Change -19.8% 0.0%
Total Short-Term Liabilities $260.5M $305.1M
YoY Change -14.6% -5.17%
LONG-TERM LIABILITIES
Long-Term Debt $1.498B $1.601B
YoY Change -6.43% -16.05%
Other Long-Term Liabilities $106.8M $121.1M
YoY Change -11.8% -16.11%
Total Long-Term Liabilities $1.605B $1.723B
YoY Change -6.81% -16.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $260.5M $305.1M
Total Long-Term Liabilities $1.605B $1.723B
Total Liabilities $2.235B $2.397B
YoY Change -6.75% -12.42%
SHAREHOLDERS EQUITY
Retained Earnings $560.1M $397.2M
YoY Change 41.02% 30.54%
Common Stock $1.403B $1.331B
YoY Change 5.46% 3.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.968B $1.737B
YoY Change
Total Liabilities & Shareholders Equity $4.215B $4.143B
YoY Change 1.73% -4.78%

Cashflow Statement

Concept 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$31.21M -$34.80M
YoY Change -10.31% 49.71%
Depreciation, Depletion And Amortization $50.19M $50.48M
YoY Change -0.58% -9.16%
Cash From Operating Activities $335.0K -$16.71M
YoY Change -102.0% -21.6%
INVESTING ACTIVITIES
Capital Expenditures $63.58M $57.77M
YoY Change 10.06% -17.18%
Acquisitions $55.48M $0.00
YoY Change
Other Investing Activities $1.045M $857.0K
YoY Change 21.94% 77.43%
Cash From Investing Activities -$118.3M -$9.371M
YoY Change 1162.71% -72.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $47.51M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$23.06M -$67.66M
YoY Change -65.92% 2349.75%
NET CHANGE
Cash From Operating Activities $335.0K -$16.71M
Cash From Investing Activities -$118.3M -$9.371M
Cash From Financing Activities -$23.06M -$67.66M
Net Change In Cash -$141.0M -$93.57M
YoY Change 50.68% 60.11%
FREE CASH FLOW
Cash From Operating Activities $335.0K -$16.71M
Capital Expenditures $63.58M $57.77M
Free Cash Flow -$63.25M -$74.49M
YoY Change -15.09% -18.21%

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GainLossOnDispositionOfAssets1
15660000 usd
CY2023Q2 sum Non Cash Gain Loss On Debt Refinancing
NonCashGainLossOnDebtRefinancing
-161000 usd
CY2022Q2 sum Non Cash Gain Loss On Debt Refinancing
NonCashGainLossOnDebtRefinancing
0 usd
CY2023Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7522000 usd
CY2022Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
7770000 usd
CY2023Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-26000 usd
CY2022Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
221000 usd
CY2023Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-20414000 usd
CY2022Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-35836000 usd
CY2023Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20960000 usd
CY2022Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
36752000 usd
CY2023Q2 sum Contract With Customer Asset Cumulative Catchup Adjustment To Revenue Change In Revenue Billed Contract Price Or Estimates
ContractWithCustomerAssetCumulativeCatchupAdjustmentToRevenueChangeInRevenueBilledContractPriceOrEstimates
7868000 usd
CY2022Q2 sum Contract With Customer Asset Cumulative Catchup Adjustment To Revenue Change In Revenue Billed Contract Price Or Estimates
ContractWithCustomerAssetCumulativeCatchupAdjustmentToRevenueChangeInRevenueBilledContractPriceOrEstimates
6449000 usd
CY2023Q2 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3748000 usd
CY2022Q2 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1891000 usd
CY2023Q2 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2239000 usd
CY2022Q2 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1183000 usd
CY2023Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
20987000 usd
CY2022Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16744000 usd
CY2023Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-27968000 usd
CY2022Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-25946000 usd
CY2023Q2 sum Contract With Customer Liability Cumulative Catchup Adjustment To Revenue Change In Revenue Billed Contract Price Or Cost Estimates
ContractWithCustomerLiabilityCumulativeCatchupAdjustmentToRevenueChangeInRevenueBilledContractPriceOrCostEstimates
-1507000 usd
CY2022Q2 sum Contract With Customer Liability Cumulative Catchup Adjustment To Revenue Change In Revenue Billed Contract Price Or Cost Estimates
ContractWithCustomerLiabilityCumulativeCatchupAdjustmentToRevenueChangeInRevenueBilledContractPriceOrCostEstimates
317000 usd
CY2023Q2 sum Increase Decrease In Tax Receivable Agreement Liability
IncreaseDecreaseInTaxReceivableAgreementLiability
-531000 usd
CY2022Q2 sum Increase Decrease In Tax Receivable Agreement Liability
IncreaseDecreaseInTaxReceivableAgreementLiability
0 usd
CY2023Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
57000 usd
CY2022Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1564000 usd
CY2023Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
335000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16713000 usd
CY2023Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
55477000 usd
CY2022Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
63584000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57774000 usd
CY2023Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1777000 usd
CY2022Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1439000 usd
CY2023Q2 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
CY2022Q2 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
47821000 usd
CY2023Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1045000 usd
CY2022Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
857000 usd
CY2023Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-118329000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9371000 usd
CY2023Q2 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1566000 usd
CY2022Q2 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2023Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
4414000 usd
CY2022Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
7603000 usd
CY2023Q2 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
11374000 usd
CY2022Q2 us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
11397000 usd
CY2023Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
47509000 usd
CY2023Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
15000 usd
CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
27000 usd
CY2023Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5719000 usd
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1180000 usd
CY2023Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23058000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-67662000 usd
CY2023Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58000 usd
CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
177000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-140994000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-93569000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
520451000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380961000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
379457000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
287392000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2011990000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-31212000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
164000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4708000 usd
CY2023Q2 sum Other Equity Activity Value
OtherEquityActivityValue
-5719000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1979946000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1823212000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-34800000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1325000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
27000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5422000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
47509000 usd
CY2022Q2 sum Other Equity Activity Value
OtherEquityActivityValue
-1180000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1746497000 usd
CY2023Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q2 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, valuation of deferred tax assets, goodwill, intangibles and other long-lived assets, tax receivable agreement ("TRA") liability, pension and other postretirement obligations and asset retirement obligations. Estimates also include revenue earned on contracts and costs to complete contracts. Most of the Company’s paving and related services are performed under fixed unit-price contracts with state and local governmental entities. Management regularly evaluates its estimates and assumptions based on historical experience and other factors, including the current economic environment. As future events and their effects cannot be determined with precision, actual results can differ significantly from estimates made. Changes in estimates, including </span>those resulting from continuing changes in the economic environment, are reflected in the Company’s consolidated financial statements when the change in estimate occurs.
CY2023Q2 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Business and Credit Concentrations—The Company’s operations are conducted primarily across 20 U.S. states and in British Columbia, Canada, with the most significant revenue generated in Texas, Utah, Kansas and Missouri. The Company’s accounts receivable consist primarily of amounts due from customers within these areas. Therefore, collection of these accounts is dependent on the economic conditions in the aforementioned states, as well as specific situations affecting individual customers. Credit granted within the Company’s trade areas has been granted to many customers, and management does not believe that a significant concentration of credit exists with respect to any individual customer or group of customers.
CY2023Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
20 state
CY2022Q4 us-gaap Goodwill
Goodwill
1132546000 usd
CY2023Q2 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
26910000 usd
CY2023Q2 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
69000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
1159525000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2984000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3987000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3945000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3897000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3884000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3887000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
47901000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
70485000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
435388000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
420947000 usd
CY2023Q2 sum Trade Accounts Receivable
TradeAccountsReceivable
222479000 usd
CY2022Q4 sum Trade Accounts Receivable
TradeAccountsReceivable
215766000 usd
CY2023Q2 us-gaap Billed Contract Receivables
BilledContractReceivables
12243000 usd
CY2022Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
37067000 usd
CY2023Q2 sum Retention Receivables
RetentionReceivables
9428000 usd
CY2022Q4 sum Retention Receivables
RetentionReceivables
11048000 usd
CY2023Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
244150000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
263881000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7581000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7212000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
236569000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
256669000 usd
CY2023Q2 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
152276000 usd
CY2022Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
148347000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
51884000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
33622000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7754000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8191000 usd
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
22650000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
22331000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
234564000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
212491000 usd
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
11064000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
24625000 usd
CY2023Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
20447000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
34485000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4224000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6959000 usd
CY2023Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
19713000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
18127000 usd
CY2023Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
9536000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
4360000 usd
CY2023Q2 sum Accrued Asset Purchase Payments Current
AccruedAssetPurchasePaymentsCurrent
5287000 usd
CY2022Q4 sum Accrued Asset Purchase Payments Current
AccruedAssetPurchasePaymentsCurrent
5131000 usd
CY2023Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2053000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
924000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
25154000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
25356000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
97478000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
119967000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
1503530000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1504549000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
5096000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5096000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1498434000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1499453000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3822000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3822000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
6369000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5096000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
789177000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
700000000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1508286000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4756000 usd
CY2023Q2 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
10651000 usd
CY2023Q2 sum Long Term Debt Net
LongTermDebtNet
1492879000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
11489000 usd
CY2023Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1566000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
616000 usd
CY2023Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
160000 usd
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12279000 usd
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13049000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
692000 usd
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12357000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6500000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4700000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1100000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1100000 usd
CY2022Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2023Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-30804000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-34292000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-30804000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-34292000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
161000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1306000 usd
CY2023Q2 us-gaap Interest Paid Net
InterestPaidNet
37970000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
31789000 usd
CY2023Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2088000 usd
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1542000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
2402000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
2455000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
149000 usd
CY2022Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
372000 usd
CY2023Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4011000 usd
CY2022Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5949000 usd
CY2023Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
21911000 usd
CY2022Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
23610000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
679000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5416000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
413000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
248000 usd
CY2023Q2 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
60000 usd
CY2022Q2 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2641000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2512000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
30000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
113000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7270000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8248000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
818000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1986000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
148000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
369000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
10907000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
13228000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
36638000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
37889000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7515000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7296000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
34315000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
35737000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
41830000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
43033000 usd
CY2023Q2 sum Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
24565000 usd
CY2022Q4 sum Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
32119000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
11279000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
14992000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
13286000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
17127000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4224000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6959000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
6303000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7167000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
10527000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
14126000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
760000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M6D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.056
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.053
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6929000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
3106000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8289000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3433000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6377000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2435000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5009000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
990000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4161000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3223000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
513000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16787000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
570000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50775000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
11807000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8945000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1280000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
41830000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
10527000 usd
CY2023Q2 sum Asset Retirement Obligation Expected Cost
AssetRetirementObligationExpectedCost
124800000 usd
CY2022Q4 sum Asset Retirement Obligation Expected Cost
AssetRetirementObligationExpectedCost
124900000 usd
CY2023Q2 sum Purchase Commitment Terms
PurchaseCommitmentTerms
P1Y
CY2023Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
435388000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
420947000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37678000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-39543000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
27420000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
20149000 usd
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50188000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50479000 usd
CY2023Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
706000 usd
CY2022Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
714000 usd
CY2023Q2 sum Gain Loss On Debt Financing
GainLossOnDebtFinancing
-493000 usd
CY2022Q2 sum Gain Loss On Debt Financing
GainLossOnDebtFinancing
0 usd
CY2023Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2022Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
14205000 usd
CY2023Q2 sum Non Cash Compensation Expense
NonCashCompensationExpense
4708000 usd
CY2022Q2 sum Non Cash Compensation Expense
NonCashCompensationExpense
5422000 usd
CY2023Q2 sum Miscellaneous Other Income Expense
MiscellaneousOtherIncomeExpense
4636000 usd
CY2022Q2 sum Miscellaneous Other Income Expense
MiscellaneousOtherIncomeExpense
-247000 usd
CY2023Q2 sum Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
41201000 usd
CY2022Q2 sum Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
23263000 usd
CY2023Q2 sum Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
41201000 usd
CY2022Q2 sum Adjusted Earnings Before Interest Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestIncomeTaxesDepreciationAndAmortization
23263000 usd
CY2023Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
63584000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
57774000 usd
CY2023Q2 sum Depreciation Depletion Amortization And Accretion
DepreciationDepletionAmortizationAndAccretion
50894000 usd
CY2022Q2 sum Depreciation Depletion Amortization And Accretion
DepreciationDepletionAmortizationAndAccretion
51193000 usd
CY2023Q2 us-gaap Assets
Assets
4214940000 usd
CY2022Q4 us-gaap Assets
Assets
4255692000 usd

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