10-Q Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001032975-18-000037`
Period End Date	20180630
Filing Date	20180802
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	logi-20180629.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 42 Cash Flow Statement 62 Stockholders Equity 20 Comprehensive Income 16

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares, par value (in CHF per share)	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Shares, issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Shares, issued (in shares)	`CommonStockSharesIssued`	173.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$641.95M	USD	Point-in-time
Shares, authorized (in shares)	`CommonStockSharesAuthorized`	173.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$547.53M	USD	Point-in-time
Shares, authorized (in shares)	`CommonStockSharesAuthorized`	173.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$527.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.12M	USD	Point-in-time
Shares, conditionally authorized (in shares)	`SharesConditionallyAuthorized`	50.00M	shares	Point-in-time
Shares, conditionally authorized (in shares)	`SharesConditionallyAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.88M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$385.55M	USD	Point-in-time
Inventories	`InventoryNet`	$259.91M	USD	Point-in-time
Inventories	`InventoryNet`	$272.66M	USD	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	7.53M	shares	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	8.53M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$56.36M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$62.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.32B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.17B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$86.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$84.72M	USD	Point-in-time
Goodwill	`Goodwill`	$275.45M	USD	Point-in-time
Goodwill	`Goodwill`	$275.42M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$87.55M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$82.72M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$120.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$131.76M	USD	Point-in-time
Total assets	`Assets`	$1.90B	USD	Point-in-time
Total assets	`Assets`	$1.74B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$293.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$343.68M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$384.50M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$281.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$575.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$728.18M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$34.96M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$33.79M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$82.26M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$81.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$692.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$844.23M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued and authorized shares - 173,106 at June 30 and March 31, 2018 Conditionally authorized shares - 50,000 at June 30 and March 31, 2018	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued and authorized shares - 173,106 at June 30 and March 31, 2018 Conditionally authorized shares - 50,000 at June 30 and March 31, 2018	`CommonStockValueOutstanding`	$30.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$19.09M	USD	Point-in-time
Shares in treasury, at cost 7,533 at June 30, 2018 and 8,527 at March 31, 2018	`TreasuryStockValue`	$165.69M	USD	Point-in-time
Shares in treasury, at cost 7,533 at June 30, 2018 and 8,527 at March 31, 2018	`TreasuryStockValue`	$158.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.26B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.54M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-93.45M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$950.34M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$856.11M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.90B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$608.48M	USD	1 Quarter
Net sales	`Revenues`	$529.95M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$382.17M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$334.77M	USD	1 Quarter
Amortization of intangible assets and purchase accounting effect on inventory	`CostofGoodsSoldAmortizationOfIntangibleAssetsAndPurchaseAccountingEffectOnInventory`	$1.50M	USD	1 Quarter
Amortization of intangible assets and purchase accounting effect on inventory	`CostofGoodsSoldAmortizationOfIntangibleAssetsAndPurchaseAccountingEffectOnInventory`	$2.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$193.67M	USD	1 Quarter
Gross profit	`GrossProfit`	$223.94M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$102.38M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$114.58M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$35.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.47M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.41M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$1.39M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$2.52M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.98M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$-55.00K	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$9.92M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$162.24M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$191.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$32.45M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$31.43M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$1.18M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$2.37M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.57M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.57M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-5.22M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-5.44M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.01M	USD	1 Quarter
Net income per share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Net income per share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.76M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.01M	USD	1 Quarter
Depreciation	`Depreciation`	$9.15M	USD	1 Quarter
Depreciation	`Depreciation`	$10.70M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.59M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.89M	USD	1 Quarter
Loss on investments in privately held companies	`GainLossOnInvestments`	$-13.00K	USD	1 Quarter
Loss on investments in privately held companies	`GainLossOnInvestments`	$-259.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$13.26M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$10.71M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.88M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.66M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.98M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$3.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-124.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$35.70M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$68.56M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$20.39M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.09M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.22M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.65M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$51.19M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-28.20M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.72M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.28M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-883.00K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.74M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.04M	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireInvestments`	$225.00K	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireInvestments`	$360.00K	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$243.00K	USD	1 Quarter
Purchases of trading investments	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$2.50M	USD	1 Quarter
Purchases of trading investments	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$609.00K	USD	1 Quarter
Proceeds from sales of trading investments	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$647.00K	USD	1 Quarter
Proceeds from sales of trading investments	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$2.87M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.85M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.36M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$9.98M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$624.00K	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$1.10M	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$12.57M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.68M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.08M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.74M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.96M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.10M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-7.31M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-37.83M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.88M	USD	1 Quarter
Cash and cash equivalents , beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$641.95M	USD	Point-in-time
Cash and cash equivalents , beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$547.53M	USD	Point-in-time
Cash and cash equivalents , beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$527.66M	USD	Point-in-time
Cash and cash equivalents , beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$604.12M	USD	Point-in-time
Cash and cash equivalents , end of the period	`CashAndCashEquivalentsAtCarryingValue`	$641.95M	USD	Point-in-time
Cash and cash equivalents , end of the period	`CashAndCashEquivalentsAtCarryingValue`	$547.53M	USD	Point-in-time
Cash and cash equivalents , end of the period	`CashAndCashEquivalentsAtCarryingValue`	$527.66M	USD	Point-in-time
Cash and cash equivalents , end of the period	`CashAndCashEquivalentsAtCarryingValue`	$604.12M	USD	Point-in-time
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$3.71M	USD	1 Quarter
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$4.83M	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning of the period	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.06B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$950.34M	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$856.11M	USD	Point-in-time
Cumulative effect of adoption of new accounting standard	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$57.20M	USD	Point-in-time
Cumulative effect of adoption of new accounting standard	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-10.88M	USD	Point-in-time
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.38M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.69M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$624.00K	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$9.98M	USD	1 Quarter
Sales of shares upon exercise of stock options	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$1.10M	USD	1 Quarter
Sales of shares upon exercise of stock options	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$12.57M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-21.68M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-25.08M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.17M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.07M	USD	1 Quarter
End of the period	`StockholdersEquity`	$1.05B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.06B	USD	Point-in-time
End of the period	`StockholdersEquity`	$950.34M	USD	Point-in-time
End of the period	`StockholdersEquity`	$856.11M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.01M	USD	1 Quarter
Currency translation gain (loss), net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.46M	USD	1 Quarter
Currency translation gain (loss), net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.96M	USD	1 Quarter
Net loss and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$152.00K	USD	1 Quarter
Net loss and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$94.00K	USD	1 Quarter
Amortization included in other expense, net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-70.00K	USD	1 Quarter
Amortization included in other expense, net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$50.00K	USD	1 Quarter
Deferred hedging gain (loss), net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.21M	USD	1 Quarter
Deferred hedging gain (loss), net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$187.00K	USD	1 Quarter
Reclassification of hedging loss included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-533.00K	USD	1 Quarter
Reclassification of hedging loss included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.85M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.32M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.09M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.38M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.69M	USD	1 Quarter

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