10-Q Filing

SMITH & WESSON BRANDS, INC. CIK: 1092796 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-358385`
Period End Date	20130731
Filing Date	20130905
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	swhc-20130731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 49 Cash Flow Statement 80 Stockholders Equity 13

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.35M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.35M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.13M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$953.00K	USD	Point-in-time
Cash and cash equivalents, including restricted cash of $3,348 on July 31, 2013 and $3,345 on April 30, 2013	`CashAndCashEquivalentsAtCarryingValue`	$60.54M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents, including restricted cash of $3,348 on July 31, 2013 and $3,345 on April 30, 2013	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents, including restricted cash of $3,348 on July 31, 2013 and $3,345 on April 30, 2013	`CashAndCashEquivalentsAtCarryingValue`	$56.72M	USD	Point-in-time
Cash and cash equivalents, including restricted cash of $3,348 on July 31, 2013 and $3,345 on April 30, 2013	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $953 on July 31, 2013 and $1,128 on April 30, 2013	`AccountsReceivableNetCurrent`	$46.09M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $953 on July 31, 2013 and $1,128 on April 30, 2013	`AccountsReceivableNetCurrent`	$53.76M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Inventories	`InventoryNet`	$63.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventories	`InventoryNet`	$63.23M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.82M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.07M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$12.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$12.08M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.59M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$229.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$287.18M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	67.72M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	67.60M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.30M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$86.38M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	63.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$93.88M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.96M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.72M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.30M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.05M	USD	Point-in-time
Assets, Total	`Assets`	$326.99M	USD	Point-in-time
Assets, Total	`Assets`	$398.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.22M	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesCurrent`	$16.03M	USD	Point-in-time
Accrued expenses	`OtherAccruedLiabilitiesCurrent`	$16.56M	USD	Point-in-time
Accrued payroll	`OtherEmployeeRelatedLiabilitiesCurrent`	$13.10M	USD	Point-in-time
Accrued payroll	`OtherEmployeeRelatedLiabilitiesCurrent`	$7.96M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$4.60M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$5.35M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$12.44M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$9.59M	USD	Point-in-time
Accrued product/municipal liability	`LitigationReserveCurrent`	$1.55M	USD	Point-in-time
Accrued product/municipal liability	`LitigationReserveCurrent`	$1.62M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$5.91M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$5.76M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$83.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$7.86M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$7.86M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$43.56M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$100.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$12.53M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$11.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$204.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$145.69M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 67,717,348 shares issued and 63,000,512 shares outstanding on July 31, 2013 and 67,596,716 shares issued and 64,297,113 shares outstanding on April 30, 2013	`CommonStockValue`	$68.00K	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 67,717,348 shares issued and 63,000,512 shares outstanding on July 31, 2013 and 67,596,716 shares issued and 64,297,113 shares outstanding on April 30, 2013	`CommonStockValue`	$68.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$201.93M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$199.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$34.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Treasury stock, at cost (4,716,836 common shares on July 31, 2013 and 3,299,603 common shares on April 30, 2013)	`TreasuryStockValue`	$26.40M	USD	Point-in-time
Treasury stock, at cost (4,716,836 common shares on July 31, 2013 and 3,299,603 common shares on April 30, 2013)	`TreasuryStockValue`	$42.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$181.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$194.59M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$326.99M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$398.87M	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$171.02M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$136.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$84.77M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$98.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$72.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$51.23M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.36M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.55M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$6.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.92M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$19.93M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$31.30M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$48.01M	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$368.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$102.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.67M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$-6.57M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$-1.62M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.45M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.81M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.92M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$26.53M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$18.87M	USD	1 Quarter
Loss from operations of discontinued security solutions division	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-52.00K	USD	1 Quarter
Loss from operations of discontinued security solutions division	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-1.68M	USD	1 Quarter
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-3.00K	USD	1 Quarter
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-599.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-49.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.08M	USD	1 Quarter
Net income/comprehensive income	`NetIncomeLoss`	$17.79M	USD	1 Quarter
Net income/comprehensive income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Basic - continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.29	USD	1 Quarter
Basic - continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.41	USD	1 Quarter
Basic - net income	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic - net income	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Diluted - continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.28	USD	1 Quarter
Diluted - continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.40	USD	1 Quarter
Diluted - net income	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted - net income	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	64.23M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.35M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.62M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Loss on sale of discontinued operations, stock-based compensation expense	`StockBasedCompensationWithinDiscontinuedOperations`	$45.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$5.68M	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$3.98M	USD	1 Quarter
Loss on sale of discontinued operations, including $45 of stock-based compensation expense	`GainLossOnSaleOfProject`	$-798.00K	USD	1 Quarter
Loss/(gain) on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$-74.00K	USD	1 Quarter
Loss/(gain) on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$14.00K	USD	1 Quarter
Provisions for/(recoveries of) losses on accounts receivable	`ProvisionForRecoveryOfDoubtfulAccounts`	$75.00K	USD	1 Quarter
Provisions for/(recoveries of) losses on accounts receivable	`ProvisionForRecoveryOfDoubtfulAccounts`	$-192.00K	USD	1 Quarter
Change in disposal group assets and liabilities	`ChangeInDisposalGroupAssetsAndLiabilities`	$-1.11M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$853.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.48M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.05M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.53M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$234.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$2.25M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$2.45M	USD	1 Quarter
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.50M	USD	1 Quarter
Income tax receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.86M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.30M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.31M	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInAccruedSalaries`	$-5.13M	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInAccruedSalaries`	$-1.60M	USD	1 Quarter
Accrued taxes other than income	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-268.00K	USD	1 Quarter
Accrued taxes other than income	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-749.00K	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredCompensation`	$2.17M	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredCompensation`	$2.85M	USD	1 Quarter
Accrued other expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$311.00K	USD	1 Quarter
Accrued other expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-3.43M	USD	1 Quarter
Accrued product/municipal liability	`IncreaseDecreaseInEstimatedLitigationLiability`	$32.00K	USD	1 Quarter
Accrued product/municipal liability	`IncreaseDecreaseInEstimatedLitigationLiability`	$72.00K	USD	1 Quarter
Accrued warranty	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$156.00K	USD	1 Quarter
Accrued warranty	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$-131.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-174.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.60M	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$423.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.01M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.28M	USD	1 Quarter
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$5.50M	USD	1 Quarter
Receipts from note receivable	`ReceiptsFromNoteReceivable`	$19.00K	USD	1 Quarter
Receipts from note receivable	`ReceiptsFromNoteReceivable`	$18.00K	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$41.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00K	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.04M	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.28M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-746.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.04M	USD	1 Quarter
Proceeds from loans and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$101.58M	USD	1 Quarter
Proceeds from loans and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$1.75M	USD	1 Quarter
Cash paid for debt issue costs	`PaymentsOfDebtIssuanceCosts`	$3.17M	USD	1 Quarter
Payments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$150.00K	USD	1 Quarter
Payments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$150.00K	USD	1 Quarter
Payments on loans and notes payable	`RepaymentsOfLongTermDebt`	$43.88M	USD	1 Quarter
Payments on loans and notes payable	`RepaymentsOfLongTermDebt`	$6.92M	USD	1 Quarter
Payments to acquire treasury stock	`PaymentsForRepurchaseOfCommonStock`	$15.99M	USD	1 Quarter
Proceeds from exercise of options to acquire common stock	`ProceedsFromStockOptionsExercised`	$534.00K	USD	1 Quarter
Proceeds from exercise of options to acquire common stock	`ProceedsFromStockOptionsExercised`	$527.00K	USD	1 Quarter
Taxes paid related to restricted stock issuance	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00K	USD	1 Quarter
Excess tax benefit of stock-based compensation	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$88.00K	USD	1 Quarter
Excess tax benefit of stock-based compensation	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$81.00K	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.71M	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$39.00M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.83M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$45.97M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.54M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.72M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.72M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Interest	`InterestPaid`	$4.57M	USD	1 Quarter
Interest	`InterestPaid`	$2.97M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$16.33M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$2.40M	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$181.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$194.59M	USD	Point-in-time
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	113,336.00	shares	1 Quarter
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	111,467.00	shares	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$534.00K	USD	1 Quarter
Repurchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$15.99M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.20M	USD	1 Quarter
Tax deduction of stock-based compensation in excess of book deductions	`TaxDeductionOfStockBasedCompensationInExcessOfBookDeductions`	$81.00K	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-11.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.79M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Balance	`StockholdersEquity`	$181.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$194.59M	USD	Point-in-time

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