10-Q Filing

NU SKIN ENTERPRISES, INC. CIK: 1021561 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-022801`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	brhc20052070_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 32 Cash Flow Statement 64 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$229.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.73M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current investments	`ShortTermInvestments`	$16.77M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current investments	`ShortTermInvestments`	$13.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$60.01M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	90.60M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	90.60M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$47.36M	USD	Point-in-time
Inventories, net	`InventoryNet`	$346.18M	USD	Point-in-time
Inventories, net	`InventoryNet`	$366.54M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	40.70M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	41.10M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$100.30M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$87.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$773.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$759.87M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$444.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$437.99M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$98.73M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$98.68M	USD	Point-in-time
Goodwill	`Goodwill`	$206.43M	USD	Point-in-time
Goodwill	`Goodwill`	$206.43M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$64.71M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$66.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$244.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$243.27M	USD	Point-in-time
Total assets	`Assets`	$1.82B	USD	Point-in-time
Total assets	`Assets`	$1.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.49M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$280.28M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$275.77M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$47.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$25.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$359.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$372.77M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$76.54M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$78.78M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$377.47M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$372.61M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$110.42M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$107.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$931.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$923.67M	USD	Point-in-time
Commitments and contingencies (Notes 5 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 5 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock - 500 million shares authorized, $0.001 par value, 90.6 million shares issued	`CommonStockValue`	$91.00K	USD	Point-in-time
Class A common stock - 500 million shares authorized, $0.001 par value, 90.6 million shares issued	`CommonStockValue`	$91.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$611.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$613.28M	USD	Point-in-time
Treasury stock, at cost - 40.7 million and 41.1 million shares	`TreasuryStockCommonValue`	$1.56B	USD	Point-in-time
Treasury stock, at cost - 40.7 million and 41.1 million shares	`TreasuryStockCommonValue`	$1.57B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.94B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.93B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$892.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$897.30M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.82B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.82B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$481.46M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$604.90M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$161.50M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$133.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$347.87M	USD	1 Quarter
Gross profit	`GrossProfit`	$443.40M	USD	1 Quarter
Selling expenses	`SellingExpense`	$242.70M	USD	1 Quarter
Selling expenses	`SellingExpense`	$188.12M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$148.56M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$133.90M	USD	1 Quarter
Restructuring and impairment expenses	`RestructuringSettlementAndImpairmentProvisions`	$9.79M	USD	1 Quarter
Restructuring and impairment expenses	`RestructuringSettlementAndImpairmentProvisions`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$391.25M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$331.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$16.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.15M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.48M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.45M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.59M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.69M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.38M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.07M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.06M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.13M	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$8.57M	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$10.58M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.13M	USD	1 Quarter
Foreign currency (gains)/losses	`ForeignCurrencyTransactionGainLossUnrealized`	$2.10M	USD	1 Quarter
Foreign currency (gains)/losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-370.00K	USD	1 Quarter
(Gain)/loss on disposal of assets	`GainLossOnDispositionOfAssets`	$17.00K	USD	1 Quarter
(Gain)/loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-517.00K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$72.00K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-3.29M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$12.46M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$15.34M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-17.21M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$19.73M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.89M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.11M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$864.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-941.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.66M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.50M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-4.13M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-40.27M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.84M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.36M	USD	1 Quarter
Net cash (used in) / provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.54M	USD	1 Quarter
Net cash (used in) / provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.08M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.28M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.49M	USD	1 Quarter
Proceeds on investment sales	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$4.08M	USD	1 Quarter
Proceeds on investment sales	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$4.99M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$8.20M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$3.93M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.13M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.70M	USD	1 Quarter
Exercise of employee stock options and taxes paid related to the net shares settlement of stock awards	`ProceedsFromStockOptionsExercisedNetOfTaxesPaid`	$4.18M	USD	1 Quarter
Exercise of employee stock options and taxes paid related to the net shares settlement of stock awards	`ProceedsFromStockOptionsExercisedNetOfTaxesPaid`	$3.52M	USD	1 Quarter
Payment of cash dividends	`PaymentsOfDividendsCommonStock`	$19.39M	USD	1 Quarter
Payment of cash dividends	`PaymentsOfDividendsCommonStock`	$19.29M	USD	1 Quarter
Repurchases of shares of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of shares of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.01M	USD	1 Quarter
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$912.00K	USD	1 Quarter
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$476.00K	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$7.50M	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$20.00M	USD	1 Quarter
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.38M	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.76M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$609.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.03M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-34.78M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.38M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$302.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.59M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.73M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.94M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$302.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$339.59M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.94M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	1 Quarter
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	1 Quarter
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.20M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.77M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$897.30M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$892.97M	USD	Point-in-time
Net income	`NetIncomeLoss`	$38.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.38M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.37M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.50M	USD	1 Quarter
Repurchase of Class A common stock (Note 6)	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Repurchase of Class A common stock (Note 6)	`TreasuryStockValueAcquiredCostMethod`	$10.01M	USD	1 Quarter
Exercise of employee stock options/vesting of stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.18M	USD	1 Quarter
Exercise of employee stock options/vesting of stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.52M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$4.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$4.13M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$19.39M	USD	1 Quarter
Cash dividends	`DividendsCommonStockCash`	$19.29M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.20M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.77M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$897.30M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$892.97M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.38M	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-68.00K	USD	1 Quarter
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-7.00K	USD	1 Quarter
Net unrealized gains/(losses) on foreign currency cash flow hedges, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.74M	USD	1 Quarter
Net unrealized gains/(losses) on foreign currency cash flow hedges, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$175.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $(68) and $(7) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.14M	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $(68) and $(7) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.96M	USD	1 Quarter
Net unrealized gains/(losses) on cash flow hedges, net of taxes of $175 and $(1,743) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-635.00K	USD	1 Quarter
Net unrealized gains/(losses) on cash flow hedges, net of taxes of $175 and $(1,743) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$6.31M	USD	1 Quarter
Reclassification adjustment for realized losses/(gains) in current earnings on cash flow hedges, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-475.00K	USD	1 Quarter
Reclassification adjustment for realized losses/(gains) in current earnings on cash flow hedges, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$4.00K	USD	1 Quarter
Reclassification adjustment for realized losses/(gains) in current earnings, net of taxes of $475 and $(4) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-14.00K	USD	1 Quarter
Reclassification adjustment for realized losses/(gains) in current earnings, net of taxes of $475 and $(4) for the three months ended March 31, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.72M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.37M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.88M	USD	1 Quarter

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