2023 Q1 Form 10-K Financial Statement

#000088323723000018 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q2
Revenue $197.9M $198.4M $225.3M
YoY Change -21.62% -25.5% -7.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $122.3M $112.0M $117.9M
YoY Change -11.89% -12.14% -4.62%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.54M $16.07M $16.24M
YoY Change -2.79% 3.34% 1555.56%
% of Gross Profit
Operating Expenses $169.3M $162.0M $165.7M
YoY Change -9.41% -4.81% 5.16%
Operating Profit $28.58M $56.67M
YoY Change -56.4% -34.42%
Interest Expense $15.11M $3.137M -$29.40M
YoY Change 138.29% -143.48% -588.41%
% of Operating Profit 52.87% -51.88%
Other Income/Expense, Net -$343.0K -$352.0K $571.0K
YoY Change -97.86% -155.7% -90.59%
Pretax Income $43.35M $39.13M $30.74M
YoY Change -22.39% -56.27% -68.79%
Income Tax $8.703M $13.29M $16.48M
% Of Pretax Income 20.08% 33.97% 53.61%
Net Earnings $38.62M $35.40M $17.40M
YoY Change -1.27% -28.97% -77.13%
Net Earnings / Revenue 19.52% 17.85% 7.72%
Basic Earnings Per Share $5.33 $2.34
Diluted Earnings Per Share $5.21 $4.77 $2.288M
COMMON SHARES
Basic Shares Outstanding 7.182M shares 7.232M shares 7.473M shares
Diluted Shares Outstanding 7.410M shares 7.607M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $329.1M $438.6M $353.4M
YoY Change -3.77% -10.1% -1.08%
Cash & Equivalents $418.2M $589.2M $250.5M
Short-Term Investments $115.7M $100.3M $102.8M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $97.90M $99.27M $108.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $427.0M $537.8M $461.6M
YoY Change -8.39% -12.07% -3.29%
LONG-TERM ASSETS
Property, Plant & Equipment $19.44M $19.12M $2.009B
YoY Change 7.15% 52.47% 15479.83%
Goodwill $348.8M $348.8M
YoY Change 0.41% 3.08%
Intangibles $428.1M $442.5M
YoY Change -13.81% -11.6%
Long-Term Investments $204.8M $250.9M $108.3M
YoY Change 84.89% 21.1% -16.96%
Other Assets $161.2M $99.06M $135.3M
YoY Change 11.79% 14.9% 29.93%
Total Long-Term Assets $3.271B $3.415B $3.082B
YoY Change 1.09% 2.79% -4.14%
TOTAL ASSETS
Total Short-Term Assets $427.0M $537.8M $461.6M
Total Long-Term Assets $3.271B $3.415B $3.082B
Total Assets $3.698B $3.953B $3.544B
YoY Change -0.1% 0.48% -4.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.56M $33.20M $40.80M
YoY Change -38.13% -31.54% -10.83%
Accrued Expenses $69.10M $181.8M $105.1M
YoY Change -2.18% -3.01% 8.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $223.7M $359.2M $293.4M
YoY Change -19.56% -13.09% 1.7%
LONG-TERM LIABILITIES
Long-Term Debt $2.311B $2.338B $2.160B
YoY Change 2.97% 1.67% -6.97%
Other Long-Term Liabilities $212.3M $318.7M $159.4M
YoY Change -1.89% 29.94% -0.83%
Total Long-Term Liabilities $2.523B $2.657B $2.320B
YoY Change 2.54% 4.39% -6.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $223.7M $359.2M $293.4M
Total Long-Term Liabilities $2.523B $2.657B $2.320B
Total Liabilities $2.747B $3.016B $2.759B
YoY Change 0.3% 1.95% -0.44%
SHAREHOLDERS EQUITY
Retained Earnings $155.8M $130.3M
YoY Change 90.49% 113.68%
Common Stock $1.282B $1.286B
YoY Change 0.61% 0.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $599.2M $599.2M
YoY Change 11.13% 17.67%
Treasury Stock Shares
Shareholders Equity $837.9M $817.0M $784.7M
YoY Change
Total Liabilities & Shareholders Equity $3.698B $3.953B $3.544B
YoY Change -0.1% 0.48% -4.03%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q2
OPERATING ACTIVITIES
Net Income $38.62M $35.40M $17.40M
YoY Change -1.27% -28.97% -77.13%
Depreciation, Depletion And Amortization $15.54M $16.07M $16.24M
YoY Change -2.79% 3.34% 1555.56%
Cash From Operating Activities -$42.96M -$22.18M $119.4M
YoY Change -47.47% -109.16% -50.09%
INVESTING ACTIVITIES
Capital Expenditures $1.448M $1.087M -$1.851M
YoY Change -42.31% -206.99% -57.31%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$11.70M -$633.0K -$16.00K
YoY Change -41.7% -99.6% -98.66%
Cash From Investing Activities -$13.15M -$1.720M -$1.867M
YoY Change -41.77% -98.91% -66.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$115.1M 216.9M -94.40M
YoY Change -21.06% -338.66% -43.69%
NET CHANGE
Cash From Operating Activities -$42.96M -22.18M 119.4M
Cash From Investing Activities -$13.15M -1.720M -1.867M
Cash From Financing Activities -$115.1M 216.9M -94.40M
Net Change In Cash -$171.0M 193.0M 23.12M
YoY Change -31.65% -2727.79% -64.98%
FREE CASH FLOW
Cash From Operating Activities -$42.96M -$22.18M $119.4M
Capital Expenditures $1.448M $1.087M -$1.851M
Free Cash Flow -$44.41M -$23.27M $121.2M
YoY Change -47.31% -109.57% -50.21%

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CY2022 us-gaap Nature Of Operations
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Organization and Business <div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Virtus Investment Partners, Inc. (the "Company," "we," "us," "our" or "Virtus"), a Delaware corporation, operates in the investment management industry through its subsidiaries.</span></div><div style="text-indent:22.5pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides investment management and related services to individuals and institutions. The Company’s retail investment management services are provided to individuals through products consisting of: mutual funds registered pursuant to the Investment Company Act of 1940, as amended ("U.S. retail funds" or "variable insurance funds"); Undertaking for Collective Investment in Transferable Securities and Qualifying Investor Funds (collectively, "global funds" and collectively with U.S. retail funds, variable insurance funds, exchange traded funds ("ETFs"), the "open-end funds"); closed-end funds (collectively, with open-end funds, the "funds"); and retail separate accounts. Institutional investment management services are offered through separate accounts and pooled or commingled structures to a variety of institutional clients. The Company also provides subadvisory services to other investment advisers and serves as the collateral manager for structured products.</span></div>
CY2022 us-gaap Use Of Estimates
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The preparation of the consolidated financial statements requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosures of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management believes the estimates used in preparing the consolidated financial statements are reasonable and prudent. Actual results could differ from those estimates.
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CY2021Q4 us-gaap Goodwill
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CY2021Q4 us-gaap Equity Securities Fv Ni
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CY2021Q4 us-gaap Assets Fair Value Disclosure
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12389000 usd
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11516000 usd
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5764000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
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5142000 usd
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40810000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21687000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
23775000 usd
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CY2021Q4 us-gaap Property Plant And Equipment Net
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15383000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15190000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14466000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12578000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11919000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
14792000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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74271000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34419000 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
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CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
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2637000 usd
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CY2020 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Income Tax Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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11216000 usd
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CY2021Q4 us-gaap Deferred Tax Assets Investments
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CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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CY2022Q4 us-gaap Deferred Tax Liabilities Investments
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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214000 usd
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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214000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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856000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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1235000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
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1021000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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900000 usd
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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2750000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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2750000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2750000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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247813000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
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1.65
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.65
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
48200000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15800000 usd
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
451097 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
199.48
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
90000000 usd
CY2022Q2 vrts Stock Repurchase Program Addition To Total Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramAdditionToTotalNumberOfSharesAuthorizedToBeRepurchased
750000 shares
CY2022Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
828352 shares
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.050
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
7400000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5900000 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5300000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
655343 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3370000 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24042000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26225000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21481000 usd
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
4000000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
106628000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
262835000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
119963000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10913000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
54704000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
40006000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
117541000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
208131000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
79957000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7391000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7672000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7620000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
191000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
331000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
356000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7582000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8003000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7976000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.90
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
27.13
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
10.49
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.50
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
26.01
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.02
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000 shares
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
138965000 usd
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
6310000 usd
CY2022 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-10148000 usd
CY2022 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
11089000 usd
CY2022 vrts Noncontrolling Interest Subscriptions Redemptions
NoncontrollingInterestSubscriptionsRedemptions
4010000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
113718000 usd

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