10-Q Filing

SMITH & WESSON BRANDS, INC. CIK: 1092796 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-047003`
Period End Date	20230731
Filing Date	20230907
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	swbi-20230731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 36 Cash Flow Statement 68 Stockholders Equity 24

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowances for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.00K	USD	Point-in-time
Allowances for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.48M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowances for credit losses of $17 on July 31, 2023 and $23 on April 30, 2023	`AccountsReceivableNetCurrent`	$55.15M	USD	Point-in-time
Accounts receivable, net of allowances for credit losses of $17 on July 31, 2023 and $23 on April 30, 2023	`AccountsReceivableNetCurrent`	$28.16M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`FIFOInventoryAmount`	$177.12M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`FIFOInventoryAmount`	$170.75M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.74M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.01M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.18M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$264.15M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	75.03M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$291.92M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	75.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.14M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$210.33M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.99M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$234.59M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.53M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.59M	USD	Point-in-time
Goodwill	`Goodwill`	$19.02M	USD	Point-in-time
Goodwill	`Goodwill`	$19.02M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.09M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.09M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.27M	USD	Point-in-time
Total assets	`Assets`	$541.29M	USD	Point-in-time
Total assets	`Assets`	$537.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.80M	USD	Point-in-time
Accrued expenses and deferred revenue	`AccruedExpensesAndDeferredRevenueCurrent`	$20.15M	USD	Point-in-time
Accrued expenses and deferred revenue	`AccruedExpensesAndDeferredRevenueCurrent`	$16.04M	USD	Point-in-time
Accrued payroll and incentives	`EmployeeRelatedLiabilitiesCurrent`	$20.12M	USD	Point-in-time
Accrued payroll and incentives	`EmployeeRelatedLiabilitiesCurrent`	$18.57M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$2.58M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.83M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$8.97M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$8.20M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$1.75M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$1.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$87.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.80M	USD	Point-in-time
Notes and loans payable (Note 4)	`LongTermNotesAndLoans`	$24.81M	USD	Point-in-time
Notes and loans payable (Note 4)	`LongTermNotesAndLoans`	$24.79M	USD	Point-in-time
Finance lease payable, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$36.59M	USD	Point-in-time
Finance lease payable, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$36.96M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.74M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$156.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$154.95M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock $0.001 par value 100,000,000 shares authorized, 75,183,851 issued and 46,143,481 shares outstanding on July 31, 2023 and 75,029,300 shares issued and 45,988,930 shares outstanding on April 30, 2023	`CommonStockValue`	$75.00K	USD	Point-in-time
Common stock $0.001 par value 100,000,000 shares authorized, 75,183,851 issued and 46,143,481 shares outstanding on July 31, 2023 and 75,029,300 shares issued and 45,988,930 shares outstanding on April 30, 2023	`CommonStockValue`	$75.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$284.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$283.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$523.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$520.77M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Treasury stock, at cost (29,040,370 shares on July 31, 2023 and April 30, 2023)	`TreasuryStockValue`	$422.38M	USD	Point-in-time
Treasury stock, at cost (29,040,370 shares on July 31, 2023 and April 30, 2023)	`TreasuryStockValue`	$422.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$382.71M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$360.51M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$359.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$384.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$537.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$541.29M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.24M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$84.39M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$83.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$52.92M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.67M	USD	1 Quarter
Selling, marketing, and distribution	`SellingAndMarketingExpense`	$10.04M	USD	1 Quarter
Selling, marketing, and distribution	`SellingAndMarketingExpense`	$8.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$26.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.92M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.35M	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$47.00K	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$673.00K	USD	1 Quarter
Interest income/(expense), net	`InterestIncomeExpenseNonoperatingNet`	$-433.00K	USD	1 Quarter
Interest income/(expense), net	`InterestIncomeExpenseNonoperatingNet`	$153.00K	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$200.00K	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$240.00K	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.55M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.43M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$845.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Basic - net income	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic - net income	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Diluted - net income	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted - net income	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.10M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.74M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.55M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.10M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.31M	USD	1 Quarter
Net income	`ProfitLoss`	$3.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.55M	USD	1 Quarter
Loss/(gain) on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$46.00K	USD	1 Quarter
Loss/(gain) on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$-3.00K	USD	1 Quarter
Provision for recoveries on notes and accounts receivable	`ProvisionForOrRecoveriesOfDoubtfulAccounts`	$-21.00K	USD	1 Quarter
Provision for recoveries on notes and accounts receivable	`ProvisionForOrRecoveriesOfDoubtfulAccounts`	$-6.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.28M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-38.94M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.36M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$45.84M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.32M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.83M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-353.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-915.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.84M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.72M	USD	1 Quarter
Accrued payroll and incentives	`IncreaseDecreaseInAccruedSalaries`	$-1.44M	USD	1 Quarter
Accrued payroll and incentives	`IncreaseDecreaseInAccruedSalaries`	$1.55M	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredProfitSharing`	$3.49M	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredProfitSharing`	$768.00K	USD	1 Quarter
Accrued expenses and deferred revenue	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredRevenue`	$-4.13M	USD	1 Quarter
Accrued expenses and deferred revenue	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredRevenue`	$1.12M	USD	1 Quarter
Accrued warranty	`IncreaseDecreaseInProductWarrantyAccrual`	$83.00K	USD	1 Quarter
Accrued warranty	`IncreaseDecreaseInProductWarrantyAccrual`	$-75.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-206.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-75.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-973.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$34.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.14M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.63M	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$94.00K	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$33.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$46.00K	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.06M	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.54M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.07M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.59M	USD	1 Quarter
Payments on finance lease obligation	`RepaymentsOfLongTermOnFinanceLeaseObligation`	$338.00K	USD	1 Quarter
Payments on finance lease obligation	`RepaymentsOfLongTermOnFinanceLeaseObligation`	$278.00K	USD	1 Quarter
Dividend distribution	`PaymentsOfDividends`	$5.54M	USD	1 Quarter
Dividend distribution	`PaymentsOfDividends`	$4.58M	USD	1 Quarter
Payment of employee withholding tax related to restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$766.00K	USD	1 Quarter
Payment of employee withholding tax related to restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$981.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.83M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.64M	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.28M	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.92M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$55.48M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.45M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$120.73M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$53.56M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$55.48M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.45M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$120.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$53.56M	USD	Point-in-time
Interest, net of amounts capitalized	`InterestPaidNet`	$546.00K	USD	1 Quarter
Interest, net of amounts capitalized	`InterestPaidNet`	$525.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$494.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$551.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$21.51M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$17.14M	USD	1 Quarter
Capital lease included in accrued expenses and finance lease payable	`CapitalLeaseIncludedInAccruedExpensesAndFinanceLeasePayable`	$734.00K	USD	1 Quarter
Capital lease included in accrued expenses and finance lease payable	`CapitalLeaseIncludedInAccruedExpensesAndFinanceLeasePayable`	-	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$382.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$360.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$359.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$384.62M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.14M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.99M	shares	Point-in-time
Treasury Stock (in share)	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time
Treasury Stock (in share)	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.28M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.18M	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$981.00K	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$766.00K	USD	1 Quarter
Dividends issued	`Dividends`	$5.54M	USD	1 Quarter
Dividends issued	`Dividends`	$4.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.12M	USD	1 Quarter
Balance	`StockholdersEquity`	$382.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$360.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$359.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$384.62M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	46.14M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	45.99M	shares	Point-in-time
Treasury Stock (in share)	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time
Treasury Stock (in share)	`TreasuryStockCommonShares`	29.04M	shares	Point-in-time

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