10-Q Filing

EPLUS INC CIK: 1022408 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-038366`
Period End Date	20230630
Filing Date	20230807
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	brhc20056773_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 32 Cash Flow Statement 74 Stockholders Equity 23 Comprehensive Income 8

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	26.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	26.91M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.57M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	408,000.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	261,000.00	shares	Point-in-time
Accounts receivable-trade, net	`AccountsReceivableNetCurrent`	$504.12M	USD	Point-in-time
Accounts receivable-trade, net	`AccountsReceivableNetCurrent`	$677.99M	USD	Point-in-time
Accounts receivable-other, net	`AccountsAndOtherReceivablesNetCurrent`	$78.64M	USD	Point-in-time
Accounts receivable-other, net	`AccountsAndOtherReceivablesNetCurrent`	$55.51M	USD	Point-in-time
Inventories	`InventoryNet`	$244.33M	USD	Point-in-time
Inventories	`InventoryNet`	$243.29M	USD	Point-in-time
Financing receivables-net, current	`SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLossCurrent`	$81.11M	USD	Point-in-time
Financing receivables-net, current	`SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLossCurrent`	$89.83M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$44.19M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$45.41M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$47.08M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$55.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	USD	Point-in-time
Financing receivables and operating leases-net	`NotesAndLoansReceivableAndOperatingLeasesNetNoncurrent`	$84.42M	USD	Point-in-time
Financing receivables and operating leases-net	`NotesAndLoansReceivableAndOperatingLeasesNetNoncurrent`	$120.66M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$3.68M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$3.68M	USD	Point-in-time
Property, equipment, and other assets	`OtherAssetsNoncurrent`	$70.79M	USD	Point-in-time
Property, equipment, and other assets	`OtherAssetsNoncurrent`	$70.45M	USD	Point-in-time
Goodwill	`Goodwill`	$136.10M	USD	Point-in-time
Goodwill	`Goodwill`	$158.28M	USD	Point-in-time
Other intangible assets-net	`IntangibleAssetsNetExcludingGoodwill`	$25.05M	USD	Point-in-time
Other intangible assets-net	`IntangibleAssetsNetExcludingGoodwill`	$51.25M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.41B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$220.16M	USD	Point-in-time
Accounts payable-floor plan	`AccountsPayableFloorPlan`	$182.86M	USD	Point-in-time
Accounts payable-floor plan	`AccountsPayableFloorPlan`	$134.62M	USD	Point-in-time
Salaries and commissions payable	`EmployeeRelatedLiabilitiesCurrent`	$41.14M	USD	Point-in-time
Salaries and commissions payable	`EmployeeRelatedLiabilitiesCurrent`	$37.34M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$118.98M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$114.03M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$24.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$561.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$800.79M	USD	Point-in-time
Non-recourse notes payable - long-term	`LongTermNotesPayable`	$9.52M	USD	Point-in-time
Non-recourse notes payable - long-term	`LongTermNotesPayable`	$5.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$717.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$715.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$61.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$61.01M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$632.56M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$867.51M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,947 outstanding at June 30, 2023 and 26,905 outstanding at March 31, 2023	`CommonStockValue`	$274.00K	USD	Point-in-time
Common stock, $0.01 per share par value; 50,000 shares authorized; 26,947 outstanding at June 30, 2023 and 26,905 outstanding at March 31, 2023	`CommonStockValue`	$272.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$170.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$167.30M	USD	Point-in-time
Treasury stock, at cost, 408 shares at June 30, 2023 and 261 shares at March 31, 2023	`TreasuryStockValue`	$21.45M	USD	Point-in-time
Treasury stock, at cost, 408 shares at June 30, 2023 and 261 shares at March 31, 2023	`TreasuryStockValue`	$14.08M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$627.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$661.05M	USD	Point-in-time
Accumulated other comprehensive income-foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$2.52M	USD	Point-in-time
Accumulated other comprehensive income-foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$1.57M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$660.74M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$676.29M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$813.29M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$782.26M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.41B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.68B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total	`Revenues`	$458.36M	USD	1 Quarter
Total	`Revenues`	$574.17M	USD	1 Quarter
Total	`CostOfGoodsAndServicesSold`	$431.90M	USD	1 Quarter
Total	`CostOfGoodsAndServicesSold`	$344.84M	USD	1 Quarter
Gross profit	`GrossProfit`	$142.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$113.52M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$76.77M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$90.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.21M	USD	1 Quarter
Interest and financing costs	`InterestExpense`	$363.00K	USD	1 Quarter
Interest and financing costs	`InterestExpense`	$851.00K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$80.34M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$95.94M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$46.33M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.18M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.15M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$190.00K	USD	1 Quarter
Earnings before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.52M	USD	1 Quarter
Earnings before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.69M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.68M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.34M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$33.85M	USD	1 Quarter
Net earnings per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	1 Quarter
Net earnings per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Net earnings per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	1 Quarter
Net earnings per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.27	USD	1 Quarter
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.55M	shares	1 Quarter
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.51M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.68M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.65M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$22.34M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$33.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.47M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$698.00K	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$478.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.21M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$1.77M	USD	1 Quarter
Gain on disposal of property, equipment, and operating lease equipment	`GainLossOnDispositionOfPropertyIncludingOperatingLeaseEquipment`	$224.00K	USD	1 Quarter
Gain on disposal of property, equipment, and operating lease equipment	`GainLossOnDispositionOfPropertyIncludingOperatingLeaseEquipment`	$160.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$166.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$53.56M	USD	1 Quarter
Inventories-net	`IncreaseDecreaseInInventories`	$92.68M	USD	1 Quarter
Inventories-net	`IncreaseDecreaseInInventories`	$-300.00K	USD	1 Quarter
Financing receivables-net	`IncreaseDecreaseInFinanceReceivables`	$20.57M	USD	1 Quarter
Financing receivables-net	`IncreaseDecreaseInFinanceReceivables`	$42.07M	USD	1 Quarter
Deferred costs and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.18M	USD	1 Quarter
Deferred costs and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.30M	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayable`	$30.38M	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayable`	$124.95M	USD	1 Quarter
Salaries and commissions payable, deferred revenue, and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.30M	USD	1 Quarter
Salaries and commissions payable, deferred revenue, and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.61M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.90M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-102.94M	USD	1 Quarter
Proceeds from sale of property, equipment, and operating lease equipment	`ProceedsFromSaleOfOtherProductiveAssets`	$196.00K	USD	1 Quarter
Proceeds from sale of property, equipment, and operating lease equipment	`ProceedsFromSaleOfOtherProductiveAssets`	$85.00K	USD	1 Quarter
Purchases of property, equipment and operating lease equipment	`PaymentsToAcquireEquipmentOnLease`	$1.78M	USD	1 Quarter
Purchases of property, equipment and operating lease equipment	`PaymentsToAcquireEquipmentOnLease`	$3.70M	USD	1 Quarter
Cash used in acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash used in acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$59.59M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.69M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.10M	USD	1 Quarter
Borrowings of non-recourse and recourse notes payable	`ProceedsFromNotesPayable`	$97.95M	USD	1 Quarter
Borrowings of non-recourse and recourse notes payable	`ProceedsFromNotesPayable`	$49.26M	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNotesPayable`	$3.65M	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNotesPayable`	$41.57M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.40M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$7.46M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$7.22M	USD	1 Quarter
Net borrowings (repayments) on floor plan facility	`NetBorrowingsOrProceedsFromFloorPlanFacility`	$32.29M	USD	1 Quarter
Net borrowings (repayments) on floor plan facility	`NetBorrowingsOrProceedsFromFloorPlanFacility`	$-7.28M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.61M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.11M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.63M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-127.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.52M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-71.89M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.38M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.49M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.09M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.57M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.38M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.49M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.09M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.57M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$341.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$566.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$3.60M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$7.53M	USD	1 Quarter
Cash paid for amounts included in the measurement of lease liabilities	`CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities`	$1.26M	USD	1 Quarter
Cash paid for amounts included in the measurement of lease liabilities	`CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities`	$1.23M	USD	1 Quarter
Proceeds from sale of property, equipment, and leased equipment	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$15.00K	USD	1 Quarter
Proceeds from sale of property, equipment, and leased equipment	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$183.00K	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`CapitalExpendituresIncurredButNotYetPaid`	$200.00K	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`CapitalExpendituresIncurredButNotYetPaid`	$63.00K	USD	1 Quarter
Borrowing of non-recourse and recourse notes payable	`BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity`	$7.27M	USD	1 Quarter
Borrowing of non-recourse and recourse notes payable	`BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity`	-	USD	1 Quarter
Vesting of share-based compensation	`FairValueOfVestedShares`	$9.21M	USD	1 Quarter
Vesting of share-based compensation	`FairValueOfVestedShares`	$8.48M	USD	1 Quarter
Repurchase of common stock	`RepurchaseOfCommonStockInNoncashFinancingActivity`	-	USD	1 Quarter
Repurchase of common stock	`RepurchaseOfCommonStockInNoncashFinancingActivity`	$28.00K	USD	1 Quarter
New operating lease assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$34.00K	USD	1 Quarter
New operating lease assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.10M	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$660.74M	USD	Point-in-time
Balance	`StockholdersEquity`	$676.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$782.26M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	26.95M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	26.91M	shares	Point-in-time
Issuance of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.77M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.21M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$7.37M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$7.22M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.34M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$33.85M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.34M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$947.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$660.74M	USD	Point-in-time
Balance	`StockholdersEquity`	$676.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$782.26M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	26.95M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	26.91M	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$22.34M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$33.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.34M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$947.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$947.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.34M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$21.00M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$34.79M	USD	1 Quarter

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