10-Q Filing

LITHIA MOTORS INC CIK: 1023128 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001023128-20-000053`
Period End Date	20200331
Filing Date	20200424
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	lad2020q1-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 36 Cash Flow Statement 82 Stockholders Equity 25 Comprehensive Income 8

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.30M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.80M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$284.30M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$298.60M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.60M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $6.8 and $7.3	`AccountsReceivableNetCurrent`	$505.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $6.8 and $7.3	`AccountsReceivableNetCurrent`	$298.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$2.43B	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.51B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$47.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$58.20M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.07B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.93B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $298.6 and $284.3	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $298.6 and $284.3	`PropertyPlantAndEquipmentNet`	$1.61B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$244.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$251.90M	USD	Point-in-time
Goodwill	`Goodwill`	$457.70M	USD	Point-in-time
Goodwill	`Goodwill`	$454.60M	USD	Point-in-time
Goodwill	`Goodwill`	$434.90M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$288.70M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.00M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$388.50M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$448.50M	USD	Point-in-time
Total Assets	`Assets`	$6.01B	USD	Point-in-time
Total Assets	`Assets`	$6.08B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$425.20M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$389.90M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.60B	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.64B	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.60B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$39.30M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$45.80M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$108.90M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$125.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$291.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$336.90M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.57B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.43B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$1.43B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$1.49B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$137.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$140.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$131.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$137.50M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$238.50M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$231.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$109.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$126.90M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.56B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.62B	USD	Point-in-time
Preferred stock - no par value; authorized 15.0 shares; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - no par value; authorized 15.0 shares; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$46.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.44B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.40B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.25B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$6.01B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$6.08B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.85B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.80B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.34B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.40B	USD	1 Quarter
Gross profit	`GrossProfit`	$450.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$460.90M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$500.00K	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$346.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$321.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$19.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.60M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$14.00M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$18.10M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$17.00M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$15.30M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.60M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$64.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$18.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$21.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$2.43	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.30M	shares	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.20M	shares	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$2.42	USD	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.20M	shares	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.50M	shares	1 Quarter
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Cash dividends paid per Class A and Class B share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.29	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$56.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$500.00K	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.10M	USD	1 Quarter
Loss on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Loss on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	1 Quarter
(Gain) loss on disposal of franchise	`GainLossOnSaleOfBusiness`	$100.00K	USD	1 Quarter
(Gain) loss on disposal of franchise	`GainLossOnSaleOfBusiness`	$-100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.20M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-202.10M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-49.90M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$81.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$69.80M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$6.80M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-9.00M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseinFloorPlanNotesPayable`	$-34.60M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseinFloorPlanNotesPayable`	$32.70M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-14.60M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-6.40M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-14.50M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-49.40M	USD	1 Quarter
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$500.00K	USD	1 Quarter
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$11.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.20M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.10M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.60M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$400.00K	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$200.00K	USD	1 Quarter
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$9.30M	USD	1 Quarter
Cash paid for other investments	`PaymentsToAcquireOtherInvestments`	$6.60M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$72.30M	USD	1 Quarter
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	1 Quarter
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$4.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.30M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-118.30M	USD	1 Quarter
(Repayments) borrowings on floor plan notes payable, net: non-trade	`IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet`	$-43.50M	USD	1 Quarter
(Repayments) borrowings on floor plan notes payable, net: non-trade	`IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet`	$43.50M	USD	1 Quarter
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$430.00M	USD	1 Quarter
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$570.00M	USD	1 Quarter
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$625.00M	USD	1 Quarter
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$375.00M	USD	1 Quarter
Principal payments on long-term debt and capital leases, scheduled	`RepaymentsOfLongtermDebtScheduledPayments`	$6.50M	USD	1 Quarter
Principal payments on long-term debt and capital leases, scheduled	`RepaymentsOfLongtermDebtScheduledPayments`	$6.20M	USD	1 Quarter
Principal payments on long-term debt and capital leases, other	`RepaymentsOfLongtermDebtOtherPayments`	-	USD	1 Quarter
Principal payments on long-term debt and capital leases, other	`RepaymentsOfLongtermDebtOtherPayments`	$3.30M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$17.20M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$400.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.60M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.30M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$48.20M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.10M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$6.70M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$7.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.80M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.50M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.40M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.40M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.60M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$31.50M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$37.90M	USD	1 Quarter
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$200.00K	USD	1 Quarter
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$1.30M	USD	1 Quarter
Floor plan debt paid in connection with store disposals	`CashPaidforRepaymentsofDebtDuetoDisposalGroup`	$4.80M	USD	1 Quarter
Floor plan debt paid in connection with store disposals	`CashPaidforRepaymentsofDebtDuetoDisposalGroup`	-	USD	1 Quarter
ROU assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$257.00M	USD	1 Quarter
ROU assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.80M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Loss on cash flow hedges, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-1.80M	USD	1 Quarter
Loss on cash flow hedges, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Balance	`StockholdersEquity`	$1.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Net income	`NetIncomeLoss`	$56.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Loss on cash flow hedges, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.10M	USD	1 Quarter
Loss on cash flow hedges, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Issuance of stock in connection with employee stock plans	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.30M	USD	1 Quarter
Issuance of stock in connection with employee stock plans	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.60M	USD	1 Quarter
Issuance of restricted stock to employees	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of restricted stock to employees	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Repurchase of Class A common stock	`StockRepurchasedDuringPeriodValue`	$3.10M	USD	1 Quarter
Repurchase of Class A common stock	`StockRepurchasedDuringPeriodValue`	$48.20M	USD	1 Quarter
Class B common stock converted to Class A common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Compensation for stock and stock option issuances and excess tax benefits from option exercises	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.50M	USD	1 Quarter
Compensation for stock and stock option issuances and excess tax benefits from option exercises	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.10M	USD	1 Quarter
Dividends paid	`Dividends`	$7.00M	USD	1 Quarter
Dividends paid	`Dividends`	$6.70M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Loss on cash flow hedges, tax expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-1.80M	USD	1 Quarter
Loss on cash flow hedges, tax expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Loss on cash flow hedges, net of tax benefit of $1.8 and $0.0, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.10M	USD	1 Quarter
Loss on cash flow hedges, net of tax benefit of $1.8 and $0.0, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.10M	USD	1 Quarter

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