10-Q Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001032975-20-000033`
Period End Date	20200630
Filing Date	20200723
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	logi10-qq1fy21_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 42 Cash Flow Statement 60 Stockholders Equity 17 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`	$809.39M	USD	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`	$715.57M	USD	Point-in-time
Shares that may be issued out of conditional capital (in shares)	`NumberOfSharesIssuableConditionalCapital`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$500.31M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$394.74M	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
Inventories	`InventoryNet`	$271.18M	USD	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	4.69M	shares	Point-in-time
Treasury, at cost, shares (in shares)	`TreasuryStockShares`	6.21M	shares	Point-in-time
Inventories	`InventoryNet`	$229.25M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$82.47M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$74.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$76.12M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$79.48M	USD	Point-in-time
Goodwill	`Goodwill`	$400.93M	USD	Point-in-time
Goodwill	`Goodwill`	$400.92M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$118.81M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$126.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$351.13M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$345.02M	USD	Point-in-time
Total assets	`Assets`	$2.61B	USD	Point-in-time
Total assets	`Assets`	$2.36B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$429.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$259.12M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$455.02M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$444.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$874.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$714.14M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$40.79M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$44.26M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$127.44M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$119.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$874.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.05B	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, 2020 Additional shares that may be be issued out of conditional capitals - 50,000 at June 30 and March 31, 2020 Additional shares that may be issued out of the authorized capitals - 34,621 at June 30 and March 31, 2020	`CommonStockValue`	$30.15M	USD	Point-in-time
Registered shares, CHF 0.25 par value: Issued shares - 173,106 at June 30 and March 31, 2020 Additional shares that may be be issued out of conditional capitals - 50,000 at June 30 and March 31, 2020 Additional shares that may be issued out of the authorized capitals - 34,621 at June 30 and March 31, 2020	`CommonStockValue`	$30.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$54.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$75.10M	USD	Point-in-time
Shares in treasury, at cost 4,689 at June 30, 2020 and 6,210 at March 31, 2020	`TreasuryStockValue`	$158.46M	USD	Point-in-time
Shares in treasury, at cost 4,689 at June 30, 2020 and 6,210 at March 31, 2020	`TreasuryStockValue`	$185.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.76B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.69B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-120.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-120.66M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.61B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.36B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$791.89M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$644.23M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$401.98M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingAmortizationOfIntangibleAssetsAndInventoryAdjustments`	$482.64M	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`	$3.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$305.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$238.98M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$123.03M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$133.24M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$49.73M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$42.24M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.07M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.16M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$4.61M	USD	1 Quarter
Amortization of intangible assets and acquisition-related costs	`Amortizationofintangibleassetsandacquisitionrelatedcosts`	$3.60M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$5.72M	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$478.00K	USD	1 Quarter
Restructuring charges (credits), net	`RestructuringCharges`	$-53.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$191.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$222.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$83.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$47.47M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$620.00K	USD	1 Quarter
Interest income	`InterestIncomeExpenseNonoperatingNet`	$2.55M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.03M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$86.08M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$51.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.54M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.61M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.13M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.34M	USD	1 Quarter
Depreciation	`Depreciation`	$10.80M	USD	1 Quarter
Depreciation	`Depreciation`	$11.75M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.87M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.13M	USD	1 Quarter
Gain on investments	`GainLossOnInvestments`	$211.00K	USD	1 Quarter
Gain on investments	`GainLossOnInvestments`	$174.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$20.11M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$12.22M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.38M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.59M	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of contingent consideration for business acquisition	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$5.72M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$9.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-4.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$102.09M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$34.26M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.68M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$40.38M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$15.77M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.39M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$55.59M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$168.35M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-12.46M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-48.38M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$118.85M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.34M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.31M	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$30.00K	USD	1 Quarter
Investment in privately held companies	`PaymentsToAcquireOtherInvestments`	$170.00K	USD	1 Quarter
Purchases of trading investments	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$2.42M	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`	$2.36M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.47M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.40M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	$15.13M	USD	1 Quarter
Purchases of registered shares	`PaymentsForRepurchaseOfCommonStock`	-	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`	$9.99M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$19.37M	USD	1 Quarter
Tax withholdings related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.12M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.10M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.13M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-503.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$511.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$93.83M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.56M	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$809.39M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$715.57M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$604.52M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.96M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$809.39M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$715.57M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$604.52M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.96M	USD	Point-in-time
Property, plant and equipment purchased during the period and included in period end liability accounts	`CapitalExpendituresIncurredButNotYetPaid`	$7.59M	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 17 line items

Line Item	Tag	Value	Unit	Period
Beginning of the period	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.57B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.20B	USD	Point-in-time
Beginning of the period	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.64M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.76M	USD	1 Quarter
Purchases of registered shares	`StockRepurchasedDuringPeriodValue`	$15.13M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$393.00K	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`SaleOfSharesUponExerciseOfOptionAndPurchaseRight`	$9.99M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-23.12M	USD	1 Quarter
Issuance of shares upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-19.37M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.13M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.16M	USD	1 Quarter
End of the period	`StockholdersEquity`	$1.49B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.57B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.20B	USD	Point-in-time
End of the period	`StockholdersEquity`	$1.18B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$45.34M	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-278.00K	USD	1 Quarter
Currency translation loss, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.24M	USD	1 Quarter
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$311.00K	USD	1 Quarter
Net gain (loss) and prior service costs, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-978.00K	USD	1 Quarter
Amortization included in other income, net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$53.00K	USD	1 Quarter
Amortization included in other income, net	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$169.00K	USD	1 Quarter
Deferred hedging loss, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.37M	USD	1 Quarter
Deferred hedging loss, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-943.00K	USD	1 Quarter
Reclassification of hedging loss included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$226.00K	USD	1 Quarter
Reclassification of hedging loss included in cost of goods sold	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$330.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-311.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.71M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.64M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.76M	USD	1 Quarter

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