10-Q Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001032975-19-000059`
Period End Date	20190630
Filing Date	20190725
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	logi10-qq1fy20_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 40 Cash Flow Statement 60 Stockholders Equity 19 Comprehensive Income 16

Balance Sheet 60 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`	$604.52M	USD	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableConditionalCapital`	50.00M	shares	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableConditionalCapital`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$596.96M	USD	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	34.62M	shares	Point-in-time
Shares that may be issued out of the authorized capital (in shares)	`NumberOfSharesIssuableAuthorizedCapital`	34.62M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$418.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$383.31M	USD	Point-in-time
Inventories	`InventoryNet`	$293.50M	USD	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	6.64M	shares	Point-in-time
Inventories	`InventoryNet`	$297.01M	USD	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	7.24M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$69.12M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.38B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$76.71M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.55M	USD	Point-in-time
Goodwill	`Goodwill`	$343.70M	USD	Point-in-time
Goodwill	`Goodwill`	$343.68M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$119.00M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$112.13M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$132.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$173.45M	USD	Point-in-time
Total assets	`Assets`	$2.02B	USD	Point-in-time
Total assets	`Assets`	$2.09B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$283.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$338.75M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$433.90M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$394.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$717.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$733.42M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$36.38M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$36.13M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$120.11M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$93.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$889.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$847.78M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at June 30 and March 31, 2019 Additional shares that may be be issued out of conditional capitals - 50,000 at June 30 and March 31, 2019 Additional shares that may be issued out of the authorized capital - 34,621 at June 30 and March 31, 2019	`CommonStockValue`	$30.15M	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at June 30 and March 31, 2019 Additional shares that may be be issued out of conditional capitals - 50,000 at June 30 and March 31, 2019 Additional shares that may be issued out of the authorized capital - 34,621 at June 30 and March 31, 2019	`CommonStockValue`	$30.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$35.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$56.66M	USD	Point-in-time
Shares in treasury, at cost 6,642 at June 30, 2019 and 7,244 at March 31, 2019	`TreasuryStockValue`	$170.14M	USD	Point-in-time
Shares in treasury, at cost 6,642 at June 30, 2019 and 7,244 at March 31, 2019	`TreasuryStockValue`	$169.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.37B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-107.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-105.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.02B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.09B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$644.23M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$608.48M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$382.17M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$401.98M	USD	1 Quarter
Amortization of intangible assets and purchase accounting effect on inventory	`CostofGoodsSoldAmortizationOfIntangibleAssetsAndPurchaseAccountingEffectOnInventory`	$3.27M	USD	1 Quarter
Amortization of intangible assets and purchase accounting effect on inventory	`CostofGoodsSoldAmortizationOfIntangibleAssetsAndPurchaseAccountingEffectOnInventory`	$2.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$223.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$238.98M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$123.03M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$114.58M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.99M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$42.24M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.47M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$3.60M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$2.52M	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$9.92M	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$478.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$191.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$191.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$47.47M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$32.45M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$2.37M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$2.55M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.86M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.57M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.25M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$51.88M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-5.22M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.54M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.76M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.47M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.34M	USD	1 Quarter
Depreciation	`Depreciation`	$10.70M	USD	1 Quarter
Depreciation	`Depreciation`	$10.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.87M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.89M	USD	1 Quarter
Loss (gain) on investments	`GainLossOnInvestments`	$211.00K	USD	1 Quarter
Loss (gain) on investments	`GainLossOnInvestments`	$-13.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$13.26M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$12.22M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.66M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.38M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$124.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-4.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$34.26M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$68.56M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.68M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.20M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.22M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.39M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$55.59M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$51.19M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-48.38M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.72M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.28M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.74M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.34M	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireInvestments`	$225.00K	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireInvestments`	$170.00K	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`	$1.16M	USD	1 Quarter
Proceeds from sales of trading investments	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$1.20M	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`	$-9.47M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$9.98M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$15.13M	USD	1 Quarter
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$393.00K	USD	1 Quarter
Proceeds from exercises of stock options and purchase rights	`ProceedsFromStockOptionsAndPurchaseRightsExercised`	$1.10M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.08M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.37M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.96M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.10M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.31M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-503.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.83M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.56M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$596.96M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$641.95M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.96M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$604.12M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$641.95M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.96M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$604.12M	USD	Point-in-time
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$4.83M	USD	1 Quarter
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$3.58M	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning of the period	`StockholdersEquity`	$1.06B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.18B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.20B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.05B	USD	Point-in-time
Cumulative effect of adoption of new accounting standard	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-10.88M	USD	Point-in-time
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.64M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.38M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$15.13M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$9.98M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$1.10M	USD	1 Quarter
Sales of shares upon exercise of stock options and purchase rights	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$393.00K	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-19.37M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-25.08M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.16M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.17M	USD	1 Quarter
End of the period	`StockholdersEquity`	$1.06B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.18B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.20B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.05B	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`	$45.34M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.96M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-278.00K	USD	1 Quarter
Net loss and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$311.00K	USD	1 Quarter
Net loss and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$94.00K	USD	1 Quarter
Amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-70.00K	USD	1 Quarter
Amortization included in other income (expense), net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$53.00K	USD	1 Quarter
Deferred hedging gain (loss), net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-943.00K	USD	1 Quarter
Deferred hedging gain (loss), net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$187.00K	USD	1 Quarter
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$226.00K	USD	1 Quarter
Reclassification of hedging loss (gain) included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.85M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.09M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.64M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.38M	USD	1 Quarter

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