10-Q Filing

ENCORE WIRE CORP CIK: 850460 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000850460-23-000073`
Period End Date	20230930
Filing Date	20231026
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	wire-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 64 Cash Flow Statement 54 Stockholders Equity 60

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.80M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.46M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$581.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.56M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Accounts receivable, net of allowance of $2,455 and $3,800	`AccountsReceivableNetCurrent`	$495.18M	USD	Point-in-time
Accounts receivable, net of allowance of $2,455 and $3,800	`AccountsReceivableNetCurrent`	$498.76M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$153.19M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$158.99M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$19.87M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$15.14M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.26M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.99M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$8.77M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.14M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	11.19M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	9.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.26B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$616.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$713.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$496.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$490.00K	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Total assets	`Assets`	$2.02B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$62.78M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$80.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$80.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$81.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$144.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$161.42M	USD	Point-in-time
Deferred income taxes and other	`DeferredIncomeTaxLiabilitiesNet`	$55.88M	USD	Point-in-time
Deferred income taxes and other	`DeferredIncomeTaxLiabilitiesNet`	$55.91M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$55.88M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$55.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$200.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$217.30M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Common stock value	`CommonStockValue`	$271.00K	USD	Point-in-time
Common stock value	`CommonStockValue`	$273.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$83.62M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$99.98M	USD	Point-in-time
Treasury stock, at cost 11,185,224 and 8,999,732 shares	`TreasuryStockCommonValue`	$781.24M	USD	Point-in-time
Treasury stock, at cost 11,185,224 and 8,999,732 shares	`TreasuryStockCommonValue`	$402.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.81B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.02B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.98B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$636.99M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.32B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$762.36M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.93B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.41B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$462.92M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.46B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$488.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$299.45M	USD	1 Quarter
Gross profit	`GrossProfit`	$863.97M	USD	3 Qtrs
Gross profit	`GrossProfit`	$148.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$519.48M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$50.28M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.29M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$147.65M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$141.91M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$97.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$722.06M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$371.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$244.16M	USD	1 Quarter
Net interest and other income	`NonoperatingIncomeExpense`	$3.85M	USD	3 Qtrs
Net interest and other income	`NonoperatingIncomeExpense`	$25.84M	USD	3 Qtrs
Net interest and other income	`NonoperatingIncomeExpense`	$3.09M	USD	1 Quarter
Net interest and other income	`NonoperatingIncomeExpense`	$8.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$725.91M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$397.66M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$247.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$106.56M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.39M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$162.06M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$306.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$161.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$191.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$82.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$563.84M	USD	3 Qtrs
Earnings per common and common equivalent share - basic (in usd per share)	`EarningsPerShareBasic`	$10.11	USD	1 Quarter
Earnings per common and common equivalent share - basic (in usd per share)	`EarningsPerShareBasic`	$4.93	USD	1 Quarter
Earnings per common and common equivalent share - basic (in usd per share)	`EarningsPerShareBasic`	$17.73	USD	3 Qtrs
Earnings per common and common equivalent share - basic (in usd per share)	`EarningsPerShareBasic`	$28.98	USD	3 Qtrs
Earnings per common and common equivalent share - diluted (in usd per share)	`EarningsPerShareDiluted`	$28.57	USD	3 Qtrs
Earnings per common and common equivalent share - diluted (in usd per share)	`EarningsPerShareDiluted`	$9.97	USD	1 Quarter
Earnings per common and common equivalent share - diluted (in usd per share)	`EarningsPerShareDiluted`	$17.40	USD	3 Qtrs
Earnings per common and common equivalent share - diluted (in usd per share)	`EarningsPerShareDiluted`	$4.82	USD	1 Quarter
Weighted average common and common equivalent shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.64M	shares	1 Quarter
Weighted average common and common equivalent shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	17.27M	shares	3 Qtrs
Weighted average common and common equivalent shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.97M	shares	1 Quarter
Weighted average common and common equivalent shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.46M	shares	3 Qtrs
Weighted average common and common equivalent shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.01M	shares	1 Quarter
Weighted average common and common equivalent shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.73M	shares	3 Qtrs
Weighted average common and common equivalent shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.60M	shares	3 Qtrs
Weighted average common and common equivalent shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.24M	shares	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	3 Qtrs
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	3 Qtrs
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$306.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$161.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$191.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$82.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$563.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.04M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.89M	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$1.34M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$10.34M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.00K	USD	3 Qtrs
Stock-based compensation attributable to equity awards	`ShareBasedCompensation`	$7.97M	USD	3 Qtrs
Stock-based compensation attributable to equity awards	`ShareBasedCompensation`	$15.94M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.22M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-110.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.24M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$70.54M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$35.37M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.80M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingCapitalNet`	$17.02M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.86M	USD	3 Qtrs
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.86M	USD	3 Qtrs
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.80M	USD	3 Qtrs
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-4.72M	USD	3 Qtrs
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.25M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$345.39M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$466.31M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$105.51M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$118.56M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$12.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-105.51M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-118.55M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$375.01M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$225.25M	USD	3 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$421.00K	USD	3 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$206.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$1.05M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$1.17M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-226.21M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-375.64M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-148.80M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$134.59M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$730.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$581.75M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$573.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$438.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$730.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$581.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$573.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$438.99M	USD	Point-in-time

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	3 Qtrs
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	3 Qtrs
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.81B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance, treasury shares (in shares)	`TreasuryStockCommonShares`	11.19M	shares	Point-in-time
Beginning balance, treasury shares (in shares)	`TreasuryStockCommonShares`	9.00M	shares	Point-in-time
Net income	`NetIncomeLoss`	$306.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$161.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$191.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$82.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$563.84M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$316.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$155.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$103.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$52.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$4.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.28M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$6.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.94M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$5.52M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.75M	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$394.00K	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$323.00K	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$350.00K	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$367.00K	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$382.00K	USD	1 Quarter
Dividend declared	`DividendsCommonStockCash`	$336.00K	USD	1 Quarter
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	2.19M	shares	3 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	1.89M	shares	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$93.39M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$58.38M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$73.47M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$127.91M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$122.45M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$128.25M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.81B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending balance, treasury shares (in shares)	`TreasuryStockCommonShares`	11.19M	shares	Point-in-time
Ending balance, treasury shares (in shares)	`TreasuryStockCommonShares`	9.00M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.