10-Q Filing

EPAM SYSTEMS, INC. CIK: 1352010 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001352010-20-000022`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	epam-2020331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 34 Cash Flow Statement 67 Stockholders Equity 22

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$936.55M	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesandContractAssetsAllowanceforCreditLossCurrent`	$2.92M	USD	Point-in-time
Trade receivables and contract assets allowance	`TradeReceivablesandContractAssetsAllowanceforCreditLossCurrent`	$5.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$916.25M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $5,356 and $2,920, respectively	`TradeReceivablesandContractAssetsafterAllowanceforCreditLossCurrent`	$542.70M	USD	Point-in-time
Trade receivables and contract assets, net of allowance of $5,356 and $2,920, respectively	`TradeReceivablesandContractAssetsafterAllowanceforCreditLossCurrent`	$497.72M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.94M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$48.79M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.51B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.47B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.21M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$164.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$165.26M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.59M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$238.99M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.19M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$243.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.68M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$56.26M	USD	Point-in-time
Goodwill	`Goodwill`	$198.53M	USD	Point-in-time
Goodwill	`Goodwill`	$195.04M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$75.01M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$79.04M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$39.43M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$59.55M	USD	Point-in-time
Total assets	`Assets`	$2.24B	USD	Point-in-time
Total assets	`Assets`	$2.31B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.23M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$230.03M	USD	Point-in-time
Accrued compensation and benefits expenses	`EmployeeRelatedLiabilitiesCurrent`	$250.56M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$82.48M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$66.43M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$9.06M	USD	Point-in-time
Income taxes payable, current	`AccruedIncomeTaxesCurrent`	$6.99M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$60.11M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$57.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$389.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$386.95M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.07M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.05M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$45.85M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$45.88M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$189.31M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$180.85M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$9.31M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$664.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$648.06M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 55,608,835 and 55,207,446 shares issued, 55,589,100 and 55,187,711 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$55.00K	USD	Point-in-time
Common stock, $0.001 par value; 160,000,000 authorized; 55,608,835 and 55,207,446 shares issued, 55,589,100 and 55,187,711 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$56.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$610.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$607.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$1.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$1.02B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$177.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$177.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.37M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.26M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.24B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.31B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$521.33M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$651.36M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$423.80M	USD	1 Quarter
Cost of revenues (exclusive of depreciation and amortization)	`CostOfRevenue`	$344.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$125.11M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$101.79M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$10.20M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$14.94M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$87.51M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$64.66M	USD	1 Quarter
Interest and other income, net	`NonoperatingGainsLosses`	$3.08M	USD	1 Quarter
Interest and other income, net	`NonoperatingGainsLosses`	$2.39M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.52M	USD	1 Quarter
Foreign exchange gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.48M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$96.42M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$64.25M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.56M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.52M	USD	1 Quarter
Unrealized (loss)/gain on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.10M	USD	1 Quarter
Unrealized (loss)/gain on cash-flow hedging instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-9.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.68M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.29M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.14M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.56M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$14.94M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$10.20M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`NonCashLeaseExpense`	$12.19M	USD	1 Quarter
Operating lease right-of-use assets amortization expense	`NonCashLeaseExpense`	$16.82M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$936.55M	USD	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.72M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-133.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$916.25M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$846.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$8.29M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$21.86M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$11.88M	USD	1 Quarter
Total restricted cash	`RestrictedCash`	$1.14M	USD	Point-in-time
Other	`OtherNoncashIncomeExpense`	$-5.89M	USD	1 Quarter
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$917.40M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$937.69M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time
Other	`OtherNoncashIncomeExpense`	$-520.00K	USD	1 Quarter
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$51.42M	USD	1 Quarter
Trade receivables and contract assets	`IncreaseDecreaseinTradeReceivablesandContractAssets`	$48.34M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-401.00K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.75M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.49M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.41M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.44M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-22.36M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-13.18M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-15.65M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-20.47M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-9.06M	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-202.00K	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.26M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.07M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.42M	USD	1 Quarter
Acquisition of business, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.34M	USD	1 Quarter
Acquisition of business, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments for cost method investments	`PaymentsToAcquireOtherInvestments`	$5.00M	USD	1 Quarter
Payments for cost method investments	`PaymentsToAcquireOtherInvestments`	$20.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$136.00K	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$71.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.56M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.48M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.85M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$11.40M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.21M	USD	1 Quarter
Payments of withholding taxes related to net share settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.02M	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.87M	USD	1 Quarter
Payment of contingent consideration for previously acquired business	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.00K	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00K	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.18M	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.05M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-22.01M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$548.00K	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.03M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.29M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$917.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$937.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$771.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$917.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$937.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$763.68M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	55.59M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	55.19M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.65B	USD	Point-in-time
Proceeds from stock options exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.14M	USD	1 Quarter
Proceeds from stock options exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.89M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.21M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.43M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.52M	USD	1 Quarter
Change in unrealized gains and losses on cash flow hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.10M	USD	1 Quarter
Change in unrealized gains and losses on cash flow hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-9.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.56M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	55.59M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	55.19M	shares	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.65B	USD	Point-in-time

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