2022 Q1 Form 10-Q Financial Statement
#000156459022018705 Filed on May 09, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $230.0M | $212.9M |
| YoY Change | 8.02% | 4.17% |
| Cost Of Revenue | $43.58M | $42.10M |
| YoY Change | 3.52% | -23.32% |
| Gross Profit | $186.4M | $170.8M |
| YoY Change | 9.15% | 14.17% |
| Gross Profit Margin | 81.05% | 80.21% |
| Selling, General & Admin | $77.66M | $72.30M |
| YoY Change | 7.42% | 21.51% |
| % of Gross Profit | 41.66% | 42.33% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $10.61M | $4.385M |
| YoY Change | 141.89% | 8.27% |
| % of Gross Profit | 5.69% | 2.57% |
| Operating Expenses | $128.5M | $123.2M |
| YoY Change | 4.29% | 8.26% |
| Operating Profit | $101.5M | $89.76M |
| YoY Change | 13.13% | -0.96% |
| Interest Expense | -$9.347M | -$4.000M |
| YoY Change | 133.68% | -74.03% |
| % of Operating Profit | -9.21% | -4.46% |
| Other Income/Expense, Net | -$11.00M | -$6.892M |
| YoY Change | 59.53% | -58.57% |
| Pretax Income | $90.54M | $82.86M |
| YoY Change | 9.27% | 12.0% |
| Income Tax | $19.30M | $17.70M |
| % Of Pretax Income | 21.32% | 21.36% |
| Net Earnings | $71.27M | $65.20M |
| YoY Change | 9.31% | 14.06% |
| Net Earnings / Revenue | 30.99% | 30.62% |
| Basic Earnings Per Share | $1.04 | $0.96 |
| Diluted Earnings Per Share | $0.97 | $0.88 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 68.75M | 67.76M |
| Diluted Shares Outstanding | 73.65M | 74.11M |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $38.55M | $30.40M |
| YoY Change | 26.81% | -18.06% |
| Cash & Equivalents | $38.55M | $30.39M |
| Short-Term Investments | ||
| Other Short-Term Assets | $7.914M | $6.800M |
| YoY Change | 16.38% | 1.49% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $93.51M | $91.80M |
| Other Receivables | $201.0K | $100.0K |
| Total Short-Term Assets | $140.2M | $129.1M |
| YoY Change | 8.58% | 6.34% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $24.76M | $20.70M |
| YoY Change | 19.61% | 47.86% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $32.39M | $26.90M |
| YoY Change | 20.4% | 72.44% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $2.457B | $1.621B |
| YoY Change | 51.59% | 0.63% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $140.2M | $129.1M |
| Total Long-Term Assets | $2.457B | $1.621B |
| Total Assets | $2.597B | $1.750B |
| YoY Change | 48.41% | 1.03% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $47.59M | $56.40M |
| YoY Change | -15.63% | -28.7% |
| Accrued Expenses | $43.39M | $34.90M |
| YoY Change | 24.32% | 4.18% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $396.5M | $186.3M |
| YoY Change | 112.84% | -17.49% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.061B | $722.7M |
| YoY Change | 46.75% | -18.67% |
| Other Long-Term Liabilities | $53.09M | $27.90M |
| YoY Change | 90.27% | 11.6% |
| Total Long-Term Liabilities | $1.114B | $750.6M |
| YoY Change | 48.36% | -17.84% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $396.5M | $186.3M |
| Total Long-Term Liabilities | $1.114B | $750.6M |
| Total Liabilities | $1.667B | $984.3M |
| YoY Change | 69.34% | -14.46% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $986.3M | $765.4M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.597B | $1.750B |
| YoY Change | 48.41% | 1.03% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $71.27M | $65.20M |
| YoY Change | 9.31% | 14.06% |
| Depreciation, Depletion And Amortization | $10.61M | $4.385M |
| YoY Change | 141.89% | 8.27% |
| Cash From Operating Activities | $74.81M | $79.63M |
| YoY Change | -6.05% | 53.37% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $1.176M | $393.0K |
| YoY Change | 199.24% | -44.49% |
| Acquisitions | $327.0K | $30.00K |
| YoY Change | 990.0% | |
| Other Investing Activities | -$2.616M | -$700.0K |
| YoY Change | 273.71% | -53.33% |
| Cash From Investing Activities | -$4.119M | -$1.140M |
| YoY Change | 261.32% | -48.97% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $17.38M | $6.393M |
| YoY Change | 171.88% | 83.18% |
| Common Stock Issuance & Retirement, Net | $8.891M | $6.827M |
| YoY Change | 30.23% | 13.41% |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -101.6M | -70.83M |
| YoY Change | 43.5% | 42.89% |
| NET CHANGE | ||
| Cash From Operating Activities | 74.81M | 79.63M |
| Cash From Investing Activities | -4.119M | -1.140M |
| Cash From Financing Activities | -101.6M | -70.83M |
| Net Change In Cash | -30.98M | 7.642M |
| YoY Change | -505.43% | 84811.11% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $74.81M | $79.63M |
| Capital Expenditures | $1.176M | $393.0K |
| Free Cash Flow | $73.64M | $79.24M |
| YoY Change | -7.07% | 54.73% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71273000 | |
| CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
128480000 | |
| CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
123193000 | |
| CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
101539000 | |
| CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
89756000 | |
| CY2022Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-207000 | |
| CY2021Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
2734000 | |
| CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
230019000 | |
| CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
212949000 | |
| CY2022Q1 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
64901000 | |
| CY2021Q1 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
59006000 | |
| CY2022Q1 | us-gaap |
Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
|
43584000 | |
| CY2021Q1 | us-gaap |
Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
|
42103000 | |
| CY2022Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12762000 | |
| CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13310000 | |
| CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10607000 | |
| CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4385000 | |
| CY2022Q1 | vctr |
Change In Value Of Consideration Payable For Acquisition Of Business
ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness
|
-3500000 | |
| CY2021Q1 | vctr |
Change In Value Of Consideration Payable For Acquisition Of Business
ChangeInValueOfConsiderationPayableForAcquisitionOfBusiness
|
2500000 | |
| CY2022Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
117000 | |
| CY2021Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
-164000 | |
| CY2022Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
9000 | |
| CY2021Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2053000 | |
| CY2022Q1 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
9233000 | |
| CY2021Q1 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
6845000 | |
| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1555000 | |
| CY2021Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2781000 | |
| CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-10995000 | |
| CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6892000 | |
| CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
90544000 | |
| CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
82864000 | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19271000 | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17662000 | |
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71273000 | |
| CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
65202000 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.04 | |
| CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.96 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | |
| CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
75973000 | |
| CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.88 | |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
68747000 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67761000 | |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73652000 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
74108000 | |
| CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
| CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.09 | |
| CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
65202000 | |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
16276000 | |
| CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
10773000 | |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-77000 | |
| CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2000 | |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
16199000 | |
| CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
10771000 | |
| CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
87472000 | |
| CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
929927000 | |
| CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
69000 | |
| CY2022Q1 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
9437000 | |
| CY2022Q1 | vctr |
Shares Withheld Related To Net Settlement Of Equity Awards
SharesWithheldRelatedToNetSettlementOfEquityAwards
|
9317000 | |
| CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1233000 | |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
16199000 | |
| CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3945000 | |
| CY2022Q1 | us-gaap |
Dividends
Dividends
|
17618000 | |
| CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
986274000 | |
| CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
707541000 | |
| CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
44000 | |
| CY2021Q1 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
7122000 | |
| CY2021Q1 | vctr |
Shares Withheld Related To Net Settlement Of Equity Awards
SharesWithheldRelatedToNetSettlementOfEquityAwards
|
10916000 | |
| CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
790000 | |
| CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5547000 | |
| CY2021Q1 | us-gaap |
Dividends
Dividends
|
6481000 | |
| CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
65202000 | |
| CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
765376000 | |
| CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
71273000 | |
| CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
65202000 | |
| CY2022Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
7894000 | |
| CY2021Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
6269000 | |
| CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10607000 | |
| CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4385000 | |
| CY2022Q1 | vctr |
Deferred Financing Costs And Derivative And Accretion Expense
DeferredFinancingCostsAndDerivativeAndAccretionExpense
|
1171000 | |
| CY2021Q1 | vctr |
Deferred Financing Costs And Derivative And Accretion Expense
DeferredFinancingCostsAndDerivativeAndAccretionExpense
|
983000 | |
| CY2022Q1 | us-gaap |
Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
|
4792000 | |
| CY2021Q1 | us-gaap |
Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
|
9471000 | |
| CY2022Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-3500000 | |
| CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
2500000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-452000 | |
| CY2021Q1 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
2720000 | |
| CY2022Q1 | vctr |
Noncash Lease Expense
NoncashLeaseExpense
|
94000 | |
| CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-57000 | |
| CY2021Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-92000 | |
| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1555000 | |
| CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
695000 | |
| CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
6730000 | |
| CY2021Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2781000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
-4210000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
1260000 | |
| CY2021Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
50000000 | |
| CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
17381000 | |
| CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
6393000 | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-101645000 | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-70834000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
80000 | |
| CY2022Q1 | vctr |
Increase Decrease In Accounts Payable And Accrued Expenses Excluding Employee Benefits
IncreaseDecreaseInAccountsPayableAndAccruedExpensesExcludingEmployeeBenefits
|
-8819000 | |
| CY2021Q1 | vctr |
Increase Decrease In Accounts Payable And Accrued Expenses Excluding Employee Benefits
IncreaseDecreaseInAccountsPayableAndAccruedExpensesExcludingEmployeeBenefits
|
13573000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-13487000 | |
| CY2021Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-14987000 | |
| CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-146000 | |
| CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-490000 | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
74813000 | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
79634000 | |
| CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1176000 | |
| CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
393000 | |
| CY2022Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2365000 | |
| CY2021Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2626000 | |
| CY2022Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1249000 | |
| CY2021Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1909000 | |
| CY2022Q1 | vctr |
Proceeds From Payments In Equity Method Investment
ProceedsFromPaymentsInEquityMethodInvestment
|
-1500000 | |
| CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
327000 | |
| CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
30000 | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4119000 | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1140000 | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1302000 | |
| CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
834000 | |
| CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
10193000 | |
| CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7661000 | |
| CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5373000 | |
| CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
7614000 | |
| CY2022Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
70000000 | |
| CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-32000 | |
| CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-18000 | |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-30983000 | |
| CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
7642000 | |
| CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
69533000 | |
| CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22744000 | |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38550000 | |
| CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30386000 | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
7074000 | |
| CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8096000 | |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1012000 | |
| CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
831000 | |
| CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2991000 | |
| CY2022Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;text-transform:uppercase;font-family:Times New Roman;font-style:normal;font-variant: normal;">Note 1. ORGANIZATION AND NATURE OF BUSINESS</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">Victory Capital Holdings, Inc., a Delaware corporation (along with its wholly-owned subsidiaries, collectively referred to as the “Company,” “Victory,” or in the first-person notations of “we,” “us,” and “our”), was formed on February 13, 2013 for the purpose of acquiring Victory Capital Management Inc. (“VCM”) and Victory Capital Services, Inc. (“VCS”), formerly known as Victory Capital Advisers, Inc., which occurred on August 1, 2013. On February 12, 2018, the Company completed the initial public offering (the “IPO”) of its Class A common stock, which trades on the NASDAQ under the symbol “VCTR.”</span></p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On and effective July 1, 2019, the Company completed the acquisition (the “USAA AMCO Acquisition” or “USAA AMCO”) of USAA Asset Management Company (“USAA Adviser”) and Victory Capital Transfer Agency, Inc. (“VCTA”), formally known as the USAA Transfer Agency Company d/b/a USAA Shareholder Account Services. The USAA AMCO Acquisition includes USAA’s mutual fund and exchange traded fund (“ETF”) businesses and its 529 Education Savings Plan (collectively, the “USAA Mutual Fund Business”). Refer to Note 4, Acquisitions, for further details on the acquisition. </p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">VCM is a registered investment adviser managing assets through mutual funds, institutional separate accounts, separately managed account products, unified managed account products, third-party ETF model strategies, collective trust funds, private funds, undertakings for the collective investment in transferrable securities, other pooled vehicles and ETFs. VCM also provides mutual fund administrative services for the Victory Portfolios, Victory Variable Insurance Funds and the mutual fund series of the Victory Portfolios II (collectively, the “Victory Funds”), a family of open-end mutual funds, the VictoryShares (the Company’s ETF brand), as well as the USAA Mutual Fund Business, which includes the USAA Mutual Fund Trust, a family of open-end mutual funds (the “USAA Funds”). Additionally, VCM employs all of the Company’s United States investment professionals across its Franchises and Solutions, which are not separate legal entities. VCM’s wholly-owned subsidiaries include RS Investment Management (Singapore) Pte. Ltd., RS Investments (Hong Kong) Limited, RS Investments (UK) Limited, Victory Capital Digital Assets, LLC and NEC Pipeline LLC. VCS is registered with the SEC as an introducing broker-dealer and serves as distributor and underwriter for the Victory Funds, the USAA Funds and the USAA 529 Education Savings Plan as well as placement agent for certain private funds managed by VCM. VCTA is registered with the SEC as a transfer agent for the USAA Funds.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On March 1, 2021, the Company completed the acquisition of THB Asset Management (“THB”), resulting in THB becoming the Company’s tenth investment franchise. THB manages responsible investment portfolios in the micro-cap, small-cap and mid-cap asset classes, including U.S., global and international strategies. At March 1, 2021, the THB AUM that was acquired totaled $547 million. Refer to Note 4, Acquisitions, for further details on the acquisition.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On November 1, 2021, the Company completed the acquisition of New Energy Capital Partners (“NEC”), resulting in NEC becoming the Company’s eleventh investment franchise. Founded in <span style="Background-color:#FFFFFF;">2004 and based in Hanover, New Hampshire, NEC is an alternative asset management firm focused on debt and equity investments in clean energy infrastructure projects and companies. At November 1, 2021, the NEC AUM that was acquired totaled $795 million. </span>Refer to Note 4, Acquisitions, for further details on the acquisition.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On December 31, 2021, the Company completed the acquisition of WestEnd Advisors, LLC (“WestEnd”), resulting in WestEnd becoming the Company’s twelfth investment franchise. <span style="Background-color:#FFFFFF;">Founded in 2004, and headquartered in Charlotte, North Carolina, WestEnd is an ETF strategist advisor that provides financial advisors with a turnkey, core model allocation strategy for either a holistic solution or complementary source of alpha. The firm offers four primary ETF strategies and one large cap core strategy, all in tax efficient Separately Managed Account (SMA) structures. At December 31, 2021, the WestEnd AUM that was acquired totaled $19.3 billion.</span> <span style="Background-color:#FFFFFF;">WestEnd is a wholly-owned subsidiary of Victory Capital Holdings, Inc. and is the Company’s second registered investment adviser. </span>Refer to Note 4, Acquisitions, for further details on the acquisition.</p> | |
| CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates and Assumptions<span style="font-weight:normal;"> </span></p> <p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements and the notes. Actual results may ultimately differ materially from those estimates. </p> <p style="text-align:justify;margin-bottom:12pt;margin-top:6pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">On March 11, 2020, the World Health Organization declared the outbreak of COVID-19 a pandemic. The global spread of COVID-19 has created significant volatility, uncertainty and economic disruption. Financial markets experienced significant declines during the first quarter of 2020, although certain markets, including domestic equity securities, experienced recoveries that more than offset the first quarter decline. While COVID-19 did not have a material adverse effect on our business, operations and financial results, the extent to which the pandemic impacts our business, operations and financial results going forward will depend on numerous evolving factors that we may not be able to accurately predict, including: the duration and scope of the pandemic; governmental, business and individuals’ actions that have been and continue to be taken in response to the pandemic; the impact of the pandemic on economic activity and actions taken in response; and the effect on our ability to sell and provide our services.</span></p> | |
| CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
18700000 | |
| CY2022Q1 | vctr |
Reclassification Of Deferred Rent Liabilities
ReclassificationOfDeferredRentLiabilities
|
1700000 | |
| CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
230019000 | |
| CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
212949000 | |
| CY2021Q4 | us-gaap |
Assets
Assets
|
2579746000 | |
| CY2022Q1 | us-gaap |
Assets
Assets
|
2596777000 | |
| CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
1649819000 | |
| CY2022Q1 | us-gaap |
Liabilities
Liabilities
|
1666850000 | |
| CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2579746000 | |
| CY2022Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2596777000 | |
| CY2022Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
93512000 | |
| CY2021Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
97757000 | |
| CY2022Q1 | us-gaap |
Nontrade Receivables
NontradeReceivables
|
201000 | |
| CY2021Q4 | us-gaap |
Nontrade Receivables
NontradeReceivables
|
6548000 | |
| CY2022Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
93713000 | |
| CY2021Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
104305000 | |
| CY2022Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
117000 | |
| CY2021Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
-164000 | |
| CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
300000 | |
| CY2020Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1000000.0 | |
| CY2021Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2100000 | |
| CY2021Q4 | vctr |
Fair Value Assets Transfer Between Levels Amount
FairValueAssetsTransferBetweenLevelsAmount
|
0 | |
| CY2022Q1 | vctr |
Fair Value Assets Transfer Between Levels Amount
FairValueAssetsTransferBetweenLevelsAmount
|
0 | |
| CY2022Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
300000 | |
| CY2021Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
1700000 | |
| CY2021Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1400000 | |
| CY2022Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
305600000 | |
| CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
309400000 | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19300000 | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17700000 | |
| CY2022Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.213 | |
| CY2021Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.213 | |
| CY2022Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | |
| CY2021Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | |
| CY2022Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
14496000 | |
| CY2021Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
16436000 | |
| CY2022Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
6214000 | |
| CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
6879000 | |
| CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1060529000 | |
| CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1127924000 | |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
68747000 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
67761000 | |
| CY2022Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
7120000 | |
| CY2021Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
4929000 | |
| CY2022Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
843000 | |
| CY2021Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
662000 | |
| CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
328000 | |
| CY2021Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
321000 | |
| CY2022Q1 | vctr |
Interest Rate Swap Income Expense
InterestRateSwapIncomeExpense
|
-849000 | |
| CY2021Q1 | vctr |
Interest Rate Swap Income Expense
InterestRateSwapIncomeExpense
|
-818000 | |
| CY2022Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
93000 | |
| CY2021Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
115000 | |
| CY2022Q1 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
9233000 | |
| CY2021Q1 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
6845000 | |
| CY2021Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
15000000.0 | |
| CY2021Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
15000000 | |
| CY2021Q4 | us-gaap |
Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
|
2022-12-31 | |
| CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
292570 | |
| CY2022Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
9400000 | |
| CY2022Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
32.26 | |
| CY2022Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
6600000 | |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4361057 | ||
| us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
83400000 | ||
| us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
19.13 | ||
| CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
17600000 | |
| CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
17200000 | |
| CY2022Q1 | vctr |
Cash Bonuses And Dividends
CashBonusesAndDividends
|
400000 | |
| CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3900000 | |
| CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5500000 | |
| CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
71273000 | |
| CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
65202000 | |
| CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
4905000 | |
| CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
6347000 | |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73652000 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
74108000 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.04 | |
| CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.96 | |
| CY2022Q1 | vctr |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
2739000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
22795000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2119000 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | |
| CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.88 | |
| CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
| CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
18899000 | |
| CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
4279000 | |
| CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16397000 | |
| CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
20676000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
5269000 | |
| CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1365000 | |
| CY2022Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
21000 | |
| CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
498000 | |
| CY2022Q1 | vctr |
Gross Lease Cost
GrossLeaseCost
|
1884000 | |
| CY2022Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
209000 | |
| CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
1675000 | |
| CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1277000 | |
| CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1900000 | |
| CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1800000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3644000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4214000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3859000 | |
| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
3070000 | |
| CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
20676000 |
