2024 Q2 Form 10-Q Financial Statement

#000196764924000025 Filed on May 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $698.2M $705.4M $1.400B
YoY Change -1.57% -49.62%
Cost Of Revenue $495.8M $504.4M $995.6M
YoY Change 2.3% -49.33%
Gross Profit $202.5M $201.0M $404.4M
YoY Change -9.92% -50.31%
Gross Profit Margin 29.0% 28.49% 28.89%
Selling, General & Admin $130.0M $122.7M $235.7M
YoY Change 4.7% -47.94%
% of Gross Profit 64.22% 61.05% 58.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.93M $35.21M $67.50M
YoY Change 2.12% -47.83%
% of Gross Profit 17.25% 17.52% 16.69%
Operating Expenses $130.0M $122.7M $303.2M
YoY Change -17.9% -59.53%
Operating Profit $37.52M $43.05M $101.3M
YoY Change -43.49% -57.49%
Interest Expense -$29.39M -$34.71M $351.0K
YoY Change 29286.0% -9989.74%
% of Operating Profit -78.31% -80.63% 0.35%
Other Income/Expense, Net -$29.39M -$34.71M $161.0K
YoY Change 35304.82% -21660.87%
Pretax Income $8.137M $8.341M $94.12M
YoY Change -87.73% -91.14%
Income Tax $3.100M $2.376M $23.80M
% Of Pretax Income 38.1% 28.49% 25.28%
Net Earnings $5.037M $5.965M $70.32M
YoY Change -89.7% -91.52%
Net Earnings / Revenue 0.72% 0.85% 5.02%
Basic Earnings Per Share $0.04 $0.05 $0.28
Diluted Earnings Per Share $0.04 $0.05 $0.54
COMMON SHARES
Basic Shares Outstanding 131.5M shares 131.4M shares 130.7M shares
Diluted Shares Outstanding 131.8M shares 131.9M shares 130.7M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.10M $30.66M $10.50M
YoY Change 104.92% 191.99%
Cash & Equivalents $29.10M $30.66M $10.50M
Short-Term Investments
Other Short-Term Assets $28.78M $26.54M $408.2M
YoY Change -93.01% -93.5%
Inventory $153.5M $140.9M $213.6M
Prepaid Expenses
Receivables $409.9M $406.0M $379.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.020B $1.005B $1.012B
YoY Change -0.36% -0.71%
LONG-TERM ASSETS
Property, Plant & Equipment $726.1M $710.9M $716.0M
YoY Change 1.84% -0.71%
Goodwill $963.0M $963.7M
YoY Change
Intangibles $219.0M $225.7M
YoY Change -5.83%
Long-Term Investments
YoY Change
Other Assets $217.5M $216.6M $203.3M
YoY Change 4.51% 6.56%
Total Long-Term Assets $2.126B $2.117B $2.135B
YoY Change -0.22% -0.83%
TOTAL ASSETS
Total Short-Term Assets $1.020B $1.005B $1.012B
Total Long-Term Assets $2.126B $2.117B $2.135B
Total Assets $3.146B $3.122B $3.147B
YoY Change -0.27% -0.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $150.5M $146.5M $153.9M
YoY Change 3.47% -4.79%
Accrued Expenses $117.1M $103.5M $190.3M
YoY Change -40.97% -45.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.000M $8.000M $24.50M
YoY Change -65.96% -67.35%
Total Short-Term Liabilities $429.8M $400.2M $368.7M
YoY Change 17.01% 8.53%
LONG-TERM LIABILITIES
Long-Term Debt $1.395B $1.411B $97.60M
YoY Change 1300.13% 1345.54%
Other Long-Term Liabilities $50.12M $50.61M $104.5M
YoY Change -50.67% -51.57%
Total Long-Term Liabilities $1.445B $1.461B $202.1M
YoY Change 618.01% 623.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $429.8M $400.2M $368.7M
Total Long-Term Liabilities $1.445B $1.461B $202.1M
Total Liabilities $2.244B $2.221B $773.6M
YoY Change 190.66% 187.09%
SHAREHOLDERS EQUITY
Retained Earnings $9.466M $9.032M
YoY Change
Common Stock $1.315M $1.315M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $901.2M $900.7M $2.373B
YoY Change
Total Liabilities & Shareholders Equity $3.146B $3.122B $3.147B
YoY Change -0.27% -0.79%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $5.037M $5.965M $70.32M
YoY Change -89.7% -91.52%
Depreciation, Depletion And Amortization $34.93M $35.21M $67.50M
YoY Change 2.12% -47.83%
Cash From Operating Activities $48.66M $76.04M $68.80M
YoY Change -35.21% 10.52%
INVESTING ACTIVITIES
Capital Expenditures $20.96M $12.88M $32.30M
YoY Change 3.26% -60.14%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $10.70M
YoY Change -100.0% -100.0%
Cash From Investing Activities -$20.96M -$12.88M -$21.70M
YoY Change 5.34% -40.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.15M -81.52M -60.80M
YoY Change -43.62% 34.07%
NET CHANGE
Cash From Operating Activities 48.66M 76.04M 68.80M
Cash From Investing Activities -20.96M -12.88M -21.70M
Cash From Financing Activities -29.15M -81.52M -60.80M
Net Change In Cash -1.452M -18.35M -13.70M
YoY Change -141.49% 33.98%
FREE CASH FLOW
Cash From Operating Activities $48.66M $76.04M $68.80M
Capital Expenditures $20.96M $12.88M $32.30M
Free Cash Flow $27.70M $63.16M $36.50M
YoY Change -49.46% 73.04%

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<div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the Consolidated and Combined Financial Statements and accompanying notes. The Company utilizes key estimates in preparing the financial statements including environmental estimates, goodwill, intangibles, insurance reserves, income taxes and long-lived assets. These estimates are based on historical information, current trends and information available from other sources. Actual results could materially differ from those estimates.</span></div>
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699305000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1423291000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1400002000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P9Y
CY2024Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
105000000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
104400000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
5300000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
10500000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4900000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
9900000 usd
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
10358000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
10450000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
20729000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
20883000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9824000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8249000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
18113000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
17021000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
12064000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
12179000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2779000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1995000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
15148000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13852000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7207000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8589000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
22643000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
17930000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.045
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11691000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
17444000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Remainder Of Fiscal Year
LesseeLiabilityToBePaidRemainderOfFiscalYear
29135000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19356000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
32912000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Year One
LesseeLiabilityToBePaidYearOne
52268000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13732000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
27984000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Year Two
LesseeLiabilityToBePaidYearTwo
41716000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9741000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
23661000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Year Three
LesseeLiabilityToBePaidYearThree
33402000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6785000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
19425000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Year Four
LesseeLiabilityToBePaidYearFour
26210000 usd
CY2024Q1 vsts Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
9918000 usd
CY2024Q1 vsts Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
32456000 usd
CY2024Q1 vsts Lease Liability To Be Paid After Year Four
LeaseLiabilityToBePaidAfterYearFour
42374000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
71223000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
153882000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Due
LesseeLiabilityToBePaidDue
225105000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8476000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
15405000 usd
CY2024Q1 vsts Lessee Liability To Be Paid Undiscounted Excess Amount
LesseeLiabilityToBePaidUndiscountedExcessAmount
23881000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
62747000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
138477000 usd
CY2024Q1 vsts Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
201224000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4731000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2485000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9447000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5954000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1768000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.53
vsts Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsGrantsInPeriod
2909000 shares
CY2024Q1 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
7600000 usd
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
6800000 usd
CY2024Q1 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
16200000 usd
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
17300000 usd
CY2024Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
12700000 usd
CY2023Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
12300000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
705368000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
699305000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1423291000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1400002000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
43054000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
49394000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
90655000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
93768000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
43054000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
49394000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
90655000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
93768000 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-34713000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
161000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-65488000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
351000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8341000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49555000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25167000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94119000 usd
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
131200000 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
5965000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
36855000 usd
us-gaap Net Income Loss
NetIncomeLoss
18233000 usd
us-gaap Net Income Loss
NetIncomeLoss
70323000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131524000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130725000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131457000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130725000 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
369000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
331000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131893000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130725000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131788000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130725000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2020000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1829000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.285
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.256
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.253
CY2024Q1 vsts Deferred Tax Liabilities Increase Decrease Net
DeferredTaxLiabilitiesIncreaseDecreaseNet
-8500000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
200000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4400000 usd
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-4200000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
100000 usd
CY2024Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-6449000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
191000 usd
CY2023Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
40000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
5788000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
CY2024Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
4600000 usd
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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