10-Q Filing

FORWARD AIR CORP CIK: 912728 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000912728-16-000262`
Period End Date	20160630
Filing Date	20160727
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	fwrd-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 76 Cash Flow Statement 73

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$21.68M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$41.43M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$42.53M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$33.31M	USD	Point-in-time
Accounts receivable, less allowance of $1,749 in 2016 and $2,405 in 2015	`AccountsReceivableNetCurrent`	$109.26M	USD	Point-in-time
Accounts receivable, less allowance of $1,749 in 2016 and $2,405 in 2015	`AccountsReceivableNetCurrent`	$109.17M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$32.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$173.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$163.63M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.75M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$343.15M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.40M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$355.12M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$56.59M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$51.21M	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$166.87M	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$155.86M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$187.29M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$188.26M	USD	Point-in-time
Goodwill	`Goodwill`	$205.61M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$179.30M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Other acquired intangibles, net of accumulated amortization of $56,593 in 2016 and $51,212 in 2015	`IntangibleAssetsNetExcludingGoodwill`	$127.80M	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Other acquired intangibles, net of accumulated amortization of $56,593 in 2016 and $51,212 in 2015	`IntangibleAssetsNetExcludingGoodwill`	$106.71M	USD	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	30.54M	shares	Point-in-time
Total net goodwill and other acquired intangibles	`TotalGoodwillAndOtherAcquiredIntangibles`	$286.01M	USD	Point-in-time
Total net goodwill and other acquired intangibles	`TotalGoodwillAndOtherAcquiredIntangibles`	$333.41M	USD	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	30.24M	shares	Point-in-time
Other assets	`OtherAssets`	$6.53M	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	30.24M	shares	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	30.54M	shares	Point-in-time
Other assets	`OtherAssets`	$5.78M	USD	Point-in-time
Total assets	`Assets`	$644.43M	USD	Point-in-time
Total assets	`Assets`	$709.36M	USD	Point-in-time
Total assets	`Assets`	$699.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.81M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$31.21M	USD	Point-in-time
Current portion of debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$55.89M	USD	Point-in-time
Current portion of debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$55.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.04M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$28.62M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$909.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$39.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$39.88M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000, Issued and outstanding shares - 30,242,575 in 2016 and 30,543,864 in 2015	`CommonStockValue`	$302.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000, Issued and outstanding shares - 30,242,575 in 2016 and 30,543,864 in 2015	`CommonStockValue`	$305.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$166.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$160.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$322.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$348.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$489.48M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$510.06M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$644.43M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$699.93M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Operating revenue	`SalesRevenueNet`	$249.69M	USD	1 Quarter
Operating revenue	`SalesRevenueNet`	$468.19M	USD	2 Qtrs
Operating revenue	`SalesRevenueNet`	$455.61M	USD	2 Qtrs
Operating revenue	`SalesRevenueNet`	$238.64M	USD	1 Quarter
Purchased transportation	`ShippingHandlingAndTransportationCosts`	$195.74M	USD	2 Qtrs
Purchased transportation	`ShippingHandlingAndTransportationCosts`	$99.27M	USD	1 Quarter
Purchased transportation	`ShippingHandlingAndTransportationCosts`	$196.82M	USD	2 Qtrs
Purchased transportation	`ShippingHandlingAndTransportationCosts`	$107.48M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$115.69M	USD	2 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$115.79M	USD	2 Qtrs
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$61.89M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$57.02M	USD	1 Quarter
Operating leases	`LeaseAndRentalExpense`	$28.47M	USD	2 Qtrs
Operating leases	`LeaseAndRentalExpense`	$34.03M	USD	2 Qtrs
Operating leases	`LeaseAndRentalExpense`	$18.28M	USD	1 Quarter
Operating leases	`LeaseAndRentalExpense`	$14.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.01M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$6.24M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$11.37M	USD	2 Qtrs
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$6.65M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$12.04M	USD	2 Qtrs
Fuel expense	`FuelCosts`	$8.21M	USD	2 Qtrs
Fuel expense	`FuelCosts`	$4.19M	USD	1 Quarter
Fuel expense	`FuelCosts`	$3.00M	USD	1 Quarter
Fuel expense	`FuelCosts`	$5.96M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$20.67M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$41.77M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$43.03M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$22.19M	USD	1 Quarter
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	$42.44M	USD	2 Qtrs
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	2 Qtrs
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	1 Quarter
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	$42.44M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$427.45M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$461.13M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$252.99M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$229.79M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$19.91M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$28.16M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-14.35M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$7.06M	USD	2 Qtrs
Interest expense	`InterestExpense`	$570.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.01M	USD	2 Qtrs
Interest expense	`InterestExpense`	$934.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$461.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-89.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-145.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-117.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-138.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-659.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.16M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-578.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.07M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.90M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-14.93M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.25M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.09M	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$7.42M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$10.43M	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-4.86M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$2.86M	USD	2 Qtrs
Net (loss) income and comprehensive (loss) income	`NetIncomeLoss`	$3.03M	USD	2 Qtrs
Net (loss) income and comprehensive (loss) income	`NetIncomeLoss`	$16.66M	USD	2 Qtrs
Net (loss) income and comprehensive (loss) income	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net (loss) income and comprehensive (loss) income	`NetIncomeLoss`	$11.82M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.66M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.01M	USD	2 Qtrs
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	$42.44M	USD	2 Qtrs
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	2 Qtrs
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	1 Quarter
Impairment of goodwill, intangibles and other assets	`GoodwillAndIntangibleAssetImpairment`	$42.44M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.68M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.11M	USD	2 Qtrs
Loss (gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-90.00K	USD	2 Qtrs
Loss (gain) on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$33.00K	USD	2 Qtrs
Provision for (recovery) loss on receivables	`ProvisionForDoubtfulAccounts`	$-12.00K	USD	2 Qtrs
Provision for (recovery) loss on receivables	`ProvisionForDoubtfulAccounts`	$83.00K	USD	2 Qtrs
Provision for revenue adjustments	`ProvisionForOtherLosses`	$1.21M	USD	2 Qtrs
Provision for revenue adjustments	`ProvisionForOtherLosses`	$1.84M	USD	2 Qtrs
Deferred income tax (benefit)	`DeferredIncomeTaxExpenseBenefit`	$881.00K	USD	2 Qtrs
Deferred income tax (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-498.00K	USD	2 Qtrs
Excess tax benefit for stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$-87.00K	USD	2 Qtrs
Excess tax benefit for stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$-2.37M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$4.89M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$1.28M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.21M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.80M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.39M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.91M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.21M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.10M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$623.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.96M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.04M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.73M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.35M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.70M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$61.88M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$601.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$565.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.78M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.24M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Payments of debt and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$73.26M	USD	2 Qtrs
Payments of debt and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$27.88M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.09M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$11.35M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$7.43M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$7.33M	USD	2 Qtrs
Repurchase of common stock (repurchase program)	`PaymentsForRepurchaseOfCommonStock`	$19.99M	USD	2 Qtrs
Repurchase of common stock (repurchase program)	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock (repurchase program)	`PaymentsForRepurchaseOfCommonStock`	$10.00M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$-228.00K	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$-215.00K	USD	2 Qtrs
Excess tax benefit for stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$87.00K	USD	2 Qtrs
Excess tax benefit for stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.37M	USD	2 Qtrs
Cash settlement of share-based awards for minimum tax withholdings	`CashSettlementOfShareBasedAwardsForMinimumTaxWithholdings`	$-1.93M	USD	2 Qtrs
Cash settlement of share-based awards for minimum tax withholdings	`CashSettlementOfShareBasedAwardsForMinimumTaxWithholdings`	$-1.79M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.60M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$56.32M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.10M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.63M	USD	2 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.68M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$41.43M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.53M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.31M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.68M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$41.43M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$42.53M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.31M	USD	Point-in-time

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