$SWIM
Latham Group, Inc.

2022 Q4 Form 10-Q Financial Statement

#000155837022017443 Filed on November 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q4
Revenue $189.4M
YoY Change 16.94%
Cost Of Revenue $130.5M
YoY Change 17.62%
Gross Profit $58.88M
YoY Change 15.46%
Gross Profit Margin 31.09%
Selling, General & Admin $26.75M
YoY Change -44.36%
% of Gross Profit 45.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.560M
YoY Change 19.22%
% of Gross Profit 16.24%
Operating Expenses $26.75M
YoY Change -44.36%
Operating Profit $24.97M
YoY Change -1073.19%
Interest Expense $4.264M
YoY Change -223.2%
% of Operating Profit 17.08%
Other Income/Expense, Net -$5.316M
YoY Change 206.75%
Pretax Income $20.99M
YoY Change -701.46%
Income Tax $9.109M
% Of Pretax Income 43.41%
Net Earnings $11.88M
YoY Change -205.13%
Net Earnings / Revenue 6.27%
Basic Earnings Per Share $0.10
Diluted Earnings Per Share $0.10
COMMON SHARES
Basic Shares Outstanding 113.2M
Diluted Shares Outstanding 113.2M

Balance Sheet

Concept 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.62M
YoY Change -66.3%
Cash & Equivalents $30.62M
Short-Term Investments
Other Short-Term Assets $8.113M
YoY Change -24.01%
Inventory $166.4M
Prepaid Expenses
Receivables $103.0M
Other Receivables $6.090M
Total Short-Term Assets $314.2M
YoY Change 37.18%
LONG-TERM ASSETS
Property, Plant & Equipment $84.15M
YoY Change 32.5%
Goodwill $128.1M
YoY Change -0.62%
Intangibles $315.1M
YoY Change -6.87%
Long-Term Investments $25.95M
YoY Change 11.09%
Other Assets $6.028M
YoY Change 687.97%
Total Long-Term Assets $606.3M
YoY Change 7.22%
TOTAL ASSETS
Total Short-Term Assets $314.2M
Total Long-Term Assets $606.3M
Total Assets $920.5M
YoY Change 15.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.07M
YoY Change 8.08%
Accrued Expenses $64.08M
YoY Change 8.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $3.250M
YoY Change -81.13%
Total Short-Term Liabilities $115.9M
YoY Change 0.66%
LONG-TERM LIABILITIES
Long-Term Debt $310.1M
YoY Change 17.81%
Other Long-Term Liabilities $743.0K
YoY Change 64.02%
Total Long-Term Liabilities $310.8M
YoY Change 17.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $115.9M
Total Long-Term Liabilities $310.8M
Total Liabilities $522.5M
YoY Change 18.52%
SHAREHOLDERS EQUITY
Retained Earnings -$35.54M
YoY Change -26.86%
Common Stock $12.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $398.0M
YoY Change
Total Liabilities & Shareholders Equity $920.5M
YoY Change 15.86%

Cashflow Statement

Concept 2022 Q4
OPERATING ACTIVITIES
Net Income $11.88M
YoY Change -205.13%
Depreciation, Depletion And Amortization $9.560M
YoY Change 19.22%
Cash From Operating Activities $20.32M
YoY Change 33.18%
INVESTING ACTIVITIES
Capital Expenditures -$12.25M
YoY Change 95.25%
Acquisitions
YoY Change
Other Investing Activities $1.000K
YoY Change -99.99%
Cash From Investing Activities -$12.25M
YoY Change -1496.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -812.0K
YoY Change -76.99%
NET CHANGE
Cash From Operating Activities 20.32M
Cash From Investing Activities -12.25M
Cash From Financing Activities -812.0K
Net Change In Cash 7.259M
YoY Change -42.42%
FREE CASH FLOW
Cash From Operating Activities $20.32M
Capital Expenditures -$12.25M
Free Cash Flow $32.57M
YoY Change 51.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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LATHAM GROUP, Inc.
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CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
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swim Operating Lease Expense Non Cash
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sale Of Equity Investments
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us-gaap Income Loss From Equity Method Investments
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EquityMethodInvestmentDividendsOrDistributions
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us-gaap Net Cash Provided By Used In Investing Activities
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RepaymentsOfMediumTermNotes
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RepaymentsOfMediumTermNotes
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swim Proceeds From Borrowings On Revolving Credit Facility
ProceedsFromBorrowingsOnRevolvingCreditFacility
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swim Proceeds From Borrowings On Revolving Credit Facility
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30620000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
14208000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15213000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2202000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
226000
swim Capitalized Internal Use Software Costs Incurred But Not Yet Paid
CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid
800000
swim Capitalized Internal Use Software Costs Incurred But Not Yet Paid
CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid
1050000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">1. NATURE OF THE BUSINESS</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">Latham Group, Inc. (the “Company”) wholly owns Latham Pool Products, Inc. (“Latham Pool Products”) (together, “Latham”) and is a designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand. Latham offers a portfolio of pools and related products, including in-ground swimming pools, pool liners and pool covers.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">On December 18, 2018, Latham Investment Holdings, LP (“Parent”), an investment fund managed by affiliates of Pamplona Capital Management (the “Sponsor”), Wynnchurch Capital, L.P. and management acquired all of the outstanding equity interests of Latham Topco., Inc., a newly incorporated entity in the State of Delaware. Latham Topco, Inc. changed its name to Latham Group, Inc. on March 3, 2021.</p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of the Company’s condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The Company bases its estimates on historical experience, known trends and other market-specific relevant factors that it believes to be reasonable under the circumstances. Estimates are evaluated on an ongoing basis and revised as there are changes in circumstances, facts and experience. Changes in estimates are recorded in the period in which they become known.</p>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q4 us-gaap Goodwill
Goodwill
128100000
CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
393493000
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-826000
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FiniteLivedIntangibleAssetsAccumulatedAmortization
77603000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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315064000
CY2022Q4 us-gaap Amortization Of Intangible Assets
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7200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21500000
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16600000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
393493000
CY2021Q4 swim Finite Lived Intangible Assets Accumulated Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsAccumulatedForeignCurrencyTranslationGainLoss
845000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56028000
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FiniteLivedIntangibleAssetsNet
338310000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
6680000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
26528000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
25708000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
25550000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25550000
CY2022Q4 swim Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
205048000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
315064000
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
69950000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32046000
CY2022Q4 us-gaap Inventory Net
InventoryNet
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CY2021Q4 us-gaap Inventory Net
InventoryNet
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10074000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3601000
CY2022Q4 us-gaap Long Term Debt
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313301000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
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CY2022Q4 us-gaap Long Term Debt Current
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3250000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17220000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
310051000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2022Q1 us-gaap Proceeds From Repayments Of Debt
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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10100000
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LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
813000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3250000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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3250000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3250000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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3250000
CY2022Q4 swim Long Term Debt Maturity After Year Four
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CY2022Q4 us-gaap Debt Instrument Carrying Amount
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323375000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4909000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2882000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5479000
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4369000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5072000
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3825000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
5316000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3426000
CY2022Q4 us-gaap Operating Lease Cost
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2295000
us-gaap Operating Lease Cost
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CY2022Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
58000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
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CY2022Q4 us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
VariableLeaseCost
445000
CY2022Q4 us-gaap Lease Cost
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us-gaap Lease Cost
LeaseCost
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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us-gaap Operating Lease Payments
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5249000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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2124000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8162000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7917000
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7259000
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5788000
CY2022Q4 swim Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
16136000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
47386000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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7354000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
40032000
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189398000
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
161957000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
491592000
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.434
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.656
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.238
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.393
CY2021Q2 swim Increase In Equity Due To Initial Public Offering
IncreaseInEquityDueToInitialPublicOffering
399300000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
13170212
CY2021Q2 swim Share Based Compensation Arrangement By Share Based Payment Award Maximum Grant Date Fair Value Of Cash And Equity Awards
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumGrantDateFairValueOfCashAndEquityAwards
750000000
CY2022Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7061000
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27603000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
40415000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
104578000
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
32700000
CY2021Q4 swim Common Stock Issued And Outstanding Accounting Measure
CommonStockIssuedAndOutstandingAccountingMeasure
113642487
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y2M15D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0204
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3967
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
5.56
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
11876000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-11296000
us-gaap Net Income Loss
NetIncomeLoss
13339000
us-gaap Net Income Loss
NetIncomeLoss
-56361000
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113171655
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112153832
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113521425
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110121240
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113202846
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112153832
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114867164
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110121240
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2022Q4 swim Common Stock Issued And Outstanding Accounting Measure
CommonStockIssuedAndOutstandingAccountingMeasure
113171655
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51

Files In Submission

Name View Source Status
0001558370-22-017443-index-headers.html Edgar Link pending
0001558370-22-017443-index.html Edgar Link pending
0001558370-22-017443.txt Edgar Link pending
0001558370-22-017443-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
swim-20221001.xsd Edgar Link pending
swim-20221001x10q.htm Edgar Link pending
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swim-20221001_def.xml Edgar Link unprocessable
swim-20221001_pre.xml Edgar Link unprocessable
swim-20221001_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
swim-20221001_cal.xml Edgar Link unprocessable
swim-20221001x10q_htm.xml Edgar Link completed