10-Q Filing

LITHIA MOTORS INC CIK: 1023128 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001023128-21-000065`
Period End Date	20210331
Filing Date	20210429
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	lad-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 34 Cash Flow Statement 84 Stockholders Equity 14 Comprehensive Income 8

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.90M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.40M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$355.60M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$338.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.20M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.30M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8.4 and $5.9	`AccountsReceivableNetCurrent`	$614.00M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8.4 and $5.9	`AccountsReceivableNetCurrent`	$740.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.33B	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.49B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$48.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.29B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.34B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $355.6 and $338.0	`PropertyPlantAndEquipmentNet`	$2.22B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $355.6 and $338.0	`PropertyPlantAndEquipmentNet`	$2.20B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$264.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$258.70M	USD	Point-in-time
Goodwill	`Goodwill`	$617.50M	USD	Point-in-time
Goodwill	`Goodwill`	$593.00M	USD	Point-in-time
Goodwill	`Goodwill`	$454.60M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$306.70M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$368.00M	USD	Point-in-time
Franchise value	`IndefiniteLivedFranchiseRights`	$350.20M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.16B	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.50B	USD	Point-in-time
Total assets	`Assets`	$8.25B	USD	Point-in-time
Total assets	`Assets`	$7.90B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$234.20M	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$341.50M	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.48B	USD	Point-in-time
Floor plan notes payable: non-trade	`FloorPlanNotesPayableNonTrade`	$1.56B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$66.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$60.30M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$199.40M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$158.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$458.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$529.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.61B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.12B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.06B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$155.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$162.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$157.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$146.30M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$246.70M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$241.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$147.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$147.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.44B	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`	$36.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$41.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.99B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.81B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.90B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.25B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.34B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.80B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$3.63B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$2.34B	USD	1 Quarter
Gross profit	`GrossProfit`	$460.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$715.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$346.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$450.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$26.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$238.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.90M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$6.80M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$14.00M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$17.00M	USD	1 Quarter
Other interest expense, net	`InterestExpenseDebt`	$23.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.40M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$211.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$64.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$18.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$55.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$5.86	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`	26.60M	shares	1 Quarter
Shares used in basic per share calculations (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.30M	shares	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$5.81	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Shares used in diluted per share calculations (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.90M	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`	$0.31	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$156.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.00M	USD	1 Quarter
Loss on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	1 Quarter
Loss on disposal of other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-300.00K	USD	1 Quarter
Gain (loss) on disposal of franchise	`GainLossOnSaleOfBusiness`	$-700.00K	USD	1 Quarter
Gain (loss) on disposal of franchise	`GainLossOnSaleOfBusiness`	$100.00K	USD	1 Quarter
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized investment loss	`UnrealizedGainLossOnInvestments`	$-300.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.40M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.90M	USD	1 Quarter
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$8.20M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$126.70M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-202.10M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$69.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-244.60M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$8.60M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$62.10M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$32.70M	USD	1 Quarter
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-107.30M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$47.80M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-14.60M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-47.10M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$76.70M	USD	1 Quarter
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.10M	USD	1 Quarter
Other long-term liabilities and deferred revenue	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$496.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.60M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	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`	$9.60M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$72.30M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$383.50M	USD	1 Quarter
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$4.70M	USD	1 Quarter
Proceeds from sales of stores	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$300.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-118.30M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-442.80M	USD	1 Quarter
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$43.50M	USD	1 Quarter
Repayments on floor plan notes payable, net: non-trade	`RepaymentsOnFloorPlanNotesPayableNetNonTrade`	$74.80M	USD	1 Quarter
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$79.30M	USD	1 Quarter
Borrowings on lines of credit	`ProceedsFromLinesOfCredit`	$430.00M	USD	1 Quarter
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$375.00M	USD	1 Quarter
Repayments on lines of credit	`RepaymentsOfLinesOfCredit`	$18.30M	USD	1 Quarter
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$6.50M	USD	1 Quarter
Principal payments on long-term debt and finance lease liabilities, scheduled	`RepaymentsOfLongTermDebtAndFinanceLeaseLiabilitiesScheduledPayments`	$8.30M	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
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$400.00K	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$100.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.20M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.60M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$15.90M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$48.20M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$7.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$8.20M	USD	1 Quarter
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.40M	USD	1 Quarter
Payment of contingent consideration related to acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.50M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.80M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.40M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.10M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.30M	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`	$56.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.30M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$30.00M	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	$31.50M	USD	1 Quarter
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$1.30M	USD	1 Quarter
Cash paid during the period for income taxes, net	`IncomeTaxesPaid`	$2.50M	USD	1 Quarter
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	-	USD	1 Quarter
Floor plan debt paid in connection with store disposals	`CashPaidForRepaymentsOfDebtDueToDisposalGroup`	$1.40M	USD	1 Quarter
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.80M	USD	1 Quarter
Right-of-use assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.40M	USD	1 Quarter

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$600.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-1.80M	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$2.66B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.6) and $1.8	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.80M	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.6) and $1.8	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.66B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.81B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.46B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$600.00K	USD	1 Quarter
Gain (loss) on cash flow hedges, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$156.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.20M	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.6) and $1.8, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.80M	USD	1 Quarter
Gain (loss) on cash flow hedges, net of tax (expense) benefit of ($0.6) and $1.8, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$158.00M	USD	1 Quarter

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