$VMI
VALMONT INDUSTRIES INC

2024 Q3 Form 10-Q Financial Statement

#000010272924000039 Filed on July 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.020B $1.040B
YoY Change -2.5% -2.14%
Cost Of Revenue $718.5M $719.5M
YoY Change 0.22% -4.57%
Gross Profit $301.7M $320.3M
YoY Change -8.41% 3.79%
Gross Profit Margin 29.57% 30.8%
Selling, General & Admin $176.0M $173.0M
YoY Change -10.07% -9.02%
% of Gross Profit 58.32% 54.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.01M $22.99M
YoY Change -0.9% -6.38%
% of Gross Profit 7.96% 7.18%
Operating Expenses $176.0M $173.0M
YoY Change -10.07% -9.02%
Operating Profit $125.7M $147.3M
YoY Change -5.98% 24.35%
Interest Expense -$11.07M -$13.82M
YoY Change -174.23% 24.74%
% of Operating Profit -8.81% -9.38%
Other Income/Expense, Net -$2.307M -$1.250M
YoY Change -81.98% -47.39%
Pretax Income $112.4M $132.2M
YoY Change 45.79% 25.93%
Income Tax $29.72M $31.07M
% Of Pretax Income 26.46% 23.49%
Net Earnings $83.07M $99.72M
YoY Change -6.45% 33.78%
Net Earnings / Revenue 8.14% 9.59%
Basic Earnings Per Share $4.13 $4.94
Diluted Earnings Per Share $4.11 $4.91
COMMON SHARES
Basic Shares Outstanding 20.17M 20.19M
Diluted Shares Outstanding 20.23M 20.29M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.5M $163.1M
YoY Change 20.11% -5.67%
Cash & Equivalents $200.5M $163.1M
Short-Term Investments
Other Short-Term Assets $98.17M $92.56M
YoY Change -1.83% -13.79%
Inventory $611.4M $633.2M
Prepaid Expenses
Receivables $897.1M $895.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.807B $1.784B
YoY Change 0.28% -1.73%
LONG-TERM ASSETS
Property, Plant & Equipment $609.0M $604.3M
YoY Change 0.98% 0.91%
Goodwill $636.4M $630.2M
YoY Change -14.49% -15.03%
Intangibles $141.9M $142.5M
YoY Change -14.39% -17.28%
Long-Term Investments
YoY Change
Other Assets $1.081B $1.069B
YoY Change 319.67% -10.19%
Total Long-Term Assets $1.690B $1.673B
YoY Change -6.84% -6.47%
TOTAL ASSETS
Total Short-Term Assets $1.807B $1.784B
Total Long-Term Assets $1.690B $1.673B
Total Assets $3.497B $3.457B
YoY Change -3.29% -4.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $353.9M $353.7M
YoY Change 2.28% -4.03%
Accrued Expenses $274.1M $247.5M
YoY Change 108.68% 17.25%
Deferred Revenue $100.2M $68.81M
YoY Change -19.38% -55.98%
Short-Term Debt $1.309M $1.876M
YoY Change -21.38% -83.6%
Long-Term Debt Due $531.0K $569.0K
YoY Change -48.99% -51.16%
Total Short-Term Liabilities $770.0M $705.0M
YoY Change 2.78% -9.77%
LONG-TERM LIABILITIES
Long-Term Debt $898.2M $1.018B
YoY Change -5.72% 3.24%
Other Long-Term Liabilities $240.8M $216.9M
YoY Change 2723.67% -9.29%
Total Long-Term Liabilities $1.139B $1.234B
YoY Change 18.49% 0.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $770.0M $705.0M
Total Long-Term Liabilities $1.139B $1.234B
Total Liabilities $1.955B $1.986B
YoY Change 0.49% -1.02%
SHAREHOLDERS EQUITY
Retained Earnings $2.878B $2.807B
YoY Change 6.18% 6.5%
Common Stock $27.90M $27.90M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.542B $1.471B
YoY Change
Total Liabilities & Shareholders Equity $3.497B $3.457B
YoY Change -3.29% -4.09%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $83.07M $99.72M
YoY Change -6.45% 33.78%
Depreciation, Depletion And Amortization $24.01M $22.99M
YoY Change -0.9% -6.38%
Cash From Operating Activities $225.1M $130.8M
YoY Change 154.81% 517.06%
INVESTING ACTIVITIES
Capital Expenditures $20.50M $18.32M
YoY Change -10.97% -18.08%
Acquisitions
YoY Change
Other Investing Activities $1.910M $453.0K
YoY Change -82.27% -20.8%
Cash From Investing Activities -$18.60M -$17.87M
YoY Change 51.71% -18.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -175.0M -116.0M
YoY Change 115.67% 792.01%
NET CHANGE
Cash From Operating Activities 225.1M 130.8M
Cash From Investing Activities -18.60M -17.87M
Cash From Financing Activities -175.0M -116.0M
Net Change In Cash 31.52M -3.095M
YoY Change -723.62% -77.24%
FREE CASH FLOW
Cash From Operating Activities $225.1M $130.8M
Capital Expenditures $20.50M $18.32M
Free Cash Flow $204.6M $112.5M
YoY Change 213.28% -9780.98%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Registrant Name
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Valmont Industries, Inc.
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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dei Entity Address Address Line1
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15000 Valmont Plaza,
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dei Entity Address Postal Zip Code
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dei City Area Code
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dei Local Phone Number
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dei Security12b Title
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19498000
CY2023Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
20989000
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
56773000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
57535000
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-313829000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-273236000
CY2024Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
191846000
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
175721000
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
68811000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
70978000
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
41217000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100157000
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0
CY2024Q2 vmi Supplier Finance Program Confirmed Obligations Outstanding
SupplierFinanceProgramConfirmedObligationsOutstanding
41509000
CY2023Q4 vmi Supplier Finance Program Confirmed Obligations Outstanding
SupplierFinanceProgramConfirmedObligationsOutstanding
41916000
vmi Minority Interest Policy Textblock
MinorityInterestPolicyTextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:middle;white-space:nowrap;width:74.45%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:4.46%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:2.71%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:18.36%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:middle;white-space:nowrap;width:74.45%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 6pt;">Confirmed obligations outstanding as of December 30, 2023</p></td><td style="vertical-align:middle;white-space:nowrap;width:4.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.71%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:middle;white-space:nowrap;width:18.36%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 41,916</p></td></tr><tr><td style="vertical-align:middle;white-space:nowrap;width:74.45%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 6pt;">Invoices confirmed during the period</p></td><td style="vertical-align:middle;white-space:nowrap;width:4.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.71%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:18.36%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 108,504</p></td></tr><tr><td style="vertical-align:middle;white-space:nowrap;width:74.45%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 6pt;">Confirmed invoices paid during the period</p></td><td style="vertical-align:middle;white-space:nowrap;width:4.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.71%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:middle;white-space:nowrap;width:18.36%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"> (108,911)</p></td></tr><tr><td style="vertical-align:middle;white-space:nowrap;width:74.45%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 6pt;">Confirmed obligations outstanding as of June 29, 2024</p></td><td style="vertical-align:middle;white-space:nowrap;width:4.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:2.71%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:middle;white-space:nowrap;width:18.36%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 41,509</p></td></tr></table>
CY2023Q4 vmi Supplier Finance Program Confirmed Obligations Outstanding
SupplierFinanceProgramConfirmedObligationsOutstanding
41916000
vmi Supplier Finance Program Confirmed Obligations Invoices Confirmed
SupplierFinanceProgramConfirmedObligationsInvoicesConfirmed
108504000
vmi Supplier Finance Program Confirmed Obligations Confirmed Invoices Paid
SupplierFinanceProgramConfirmedObligationsConfirmedInvoicesPaid
108911000
CY2024Q2 vmi Supplier Finance Program Confirmed Obligations Outstanding
SupplierFinanceProgramConfirmedObligationsOutstanding
41509000
CY2024Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
46249000
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
62792000
CY2014Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000
CY2014Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P12M
CY2018Q4 vmi Stock Repurchase Program Additional Shares Authorized To Be Repurchased Amount
StockRepurchaseProgramAdditionalSharesAuthorizedToBeRepurchasedAmount
250000000
CY2023Q1 vmi Stock Repurchase Program Additional Shares Authorized To Be Repurchased Amount
StockRepurchaseProgramAdditionalSharesAuthorizedToBeRepurchasedAmount
400000000
CY2023Q1 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1400000000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8051134
CY2024Q2 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
1278832000
CY2023 us-gaap Restructuring Charges
RestructuringCharges
35210000
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
802346000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
169382000
CY2023Q4 us-gaap Goodwill
Goodwill
632964000
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
735000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3467000
CY2024Q2 us-gaap Goodwill
Goodwill
630232000
CY2024Q2 us-gaap Goodwill Gross
GoodwillGross
799614000
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
169382000
CY2024Q2 us-gaap Goodwill
Goodwill
630232000
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
357066000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
214539000
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
359570000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
208883000
CY2024Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P4Y
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P4Y
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3356000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7071000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5225000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10415000
us-gaap Interest Paid Net
InterestPaidNet
31528000
us-gaap Interest Paid Net
InterestPaidNet
27387000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41071000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42504000
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
99716000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89376000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
187538000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
163916000
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20175000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21029000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20182000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21149000
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
117000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
125000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
221000
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20292000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21229000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20307000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21370000
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.94
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.75
CY2024Q2 vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
-0.03
CY2023Q3 vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
-0.04
vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
-0.05
vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
-0.08
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.91
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.67
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56261000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
40564000
CY2024Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-1613000
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
2860000
CY2024Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-107000
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-565000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1213000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-4023000
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
2711000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1039737000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1046296000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017565000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2108777000
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
147308000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
133733000
us-gaap Operating Income Loss
OperatingIncomeLoss
278861000
us-gaap Operating Income Loss
OperatingIncomeLoss
252199000
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1039737000
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1039737000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017565000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017565000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1046296000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1046296000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2108777000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2108777000
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1039737000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2017565000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1046296000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2108777000
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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