10-Q Filing

MONOLITHIC POWER SYSTEMS INC CIK: 1280452 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-010283`
Period End Date	20200331
Filing Date	20200511
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	mpwr20200331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 32 Cash Flow Statement 74 Stockholders Equity 26 Comprehensive Income 12

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.96M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.88M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.72M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	43.62M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$334.39M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$282.44M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$52.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.72M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$54.34M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Inventories	`InventoryNet`	$131.50M	USD	Point-in-time
Inventories	`InventoryNet`	$127.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$655.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$704.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$228.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$236.81M	USD	Point-in-time
Long-term investments	`AuctionRateSecuritiesNoncurrent`	$3.06M	USD	Point-in-time
Long-term investments	`AuctionRateSecuritiesNoncurrent`	$3.14M	USD	Point-in-time
Goodwill	`Goodwill`	$6.57M	USD	Point-in-time
Goodwill	`Goodwill`	$6.57M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$13.82M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$17.19M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$45.95M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$42.46M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$956.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.75M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.16M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.63M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$56.11M	USD	Point-in-time
Other accrued liabilities	`AccruedLiabilitiesCurrent`	$44.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$112.50M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$37.60M	USD	Point-in-time
Income tax liabilities	`AccruedIncomeTaxesNoncurrent`	$37.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$44.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$47.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$182.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$194.31M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 44,715 and 43,616, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$581.74M	USD	Point-in-time
Common stock and additional paid-in capital: $0.001 par value; shares authorized: 150,000; shares issued and outstanding: 44,715 and 43,616, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$549.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$241.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$229.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.01M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.48M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$773.49M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$813.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$640.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$680.25M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$956.38M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$141.36M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$165.78M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$63.36M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$74.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$91.45M	USD	1 Quarter
Gross profit	`GrossProfit`	$78.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$25.96M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$25.46M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.55M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.16M	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$278.00K	USD	1 Quarter
Litigation expense	`LitigationExpenseBenefitNet`	$2.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$60.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$56.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$21.72M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$30.99M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$3.34M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.06M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.27M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.12M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-6.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.76M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.75M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.67M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.33M	USD	1 Quarter
(Gain) loss on disposal and sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$1.00K	USD	1 Quarter
(Gain) loss on disposal and sale of property and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-14.00K	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-494.00K	USD	1 Quarter
Amortization of premium on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-121.00K	USD	1 Quarter
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$1.94M	USD	1 Quarter
(Gain) loss on deferred compensation plan investments	`GainLossOnDeferredCompensationPlanInvestmentsCashFlow`	$-3.75M	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-33.00K	USD	1 Quarter
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$3.41M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$18.56M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.01M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$1.64M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$3.68M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.99M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$6.17M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.06M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.58M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.18M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.78M	USD	1 Quarter
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.37M	USD	1 Quarter
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.00K	USD	1 Quarter
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.49M	USD	1 Quarter
Income tax liabilities	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$34.00K	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$3.35M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$963.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.84M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$51.42M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.38M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.95M	USD	1 Quarter
Acquisition of in-place leases	`PaymentsToAcquireInPlaceLeases`	-	USD	1 Quarter
Acquisition of in-place leases	`PaymentsToAcquireInPlaceLeases`	$981.00K	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$101.57M	USD	1 Quarter
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$28.08M	USD	1 Quarter
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$47.40M	USD	1 Quarter
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	$100.00K	USD	1 Quarter
Proceeds from sales of long-term investments	`ProceedsFromSaleOfLongtermInvestments`	-	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.46M	USD	1 Quarter
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$438.00K	USD	1 Quarter
Contributions to deferred compensation plan, net	`ContributionsMadeToDeferredCompensationPlan`	$956.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.46M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.78M	USD	1 Quarter
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$279.00K	USD	1 Quarter
Property and equipment purchased on extended payment terms	`PropertyAndEquipmentPurchasedOnExtendedPaymentTerms`	$10.00K	USD	1 Quarter
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$11.76M	USD	1 Quarter
Proceeds from common stock issued under the employee equity incentive plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$10.38M	USD	1 Quarter
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$1.89M	USD	1 Quarter
Proceeds from common stock issued under the employee stock purchase plan	`ProceedsFromStockPlans`	$1.63M	USD	1 Quarter
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$17.43M	USD	1 Quarter
Dividends and dividend equivalents paid	`PaymentsOfDividends`	$12.76M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-761.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.06M	USD	1 Quarter
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.77M	USD	1 Quarter
Effect of change in exchange rates	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-985.00K	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.08M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.06M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.88M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$279.00K	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	$393.00K	USD	1 Quarter
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$958.00K	USD	1 Quarter
Liability accrued for property and equipment purchases	`CapitalExpendituresIncurredButNotYetPaid`	$10.91M	USD	1 Quarter
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$23.73M	USD	Point-in-time
Liability accrued for dividends and dividend equivalents	`DividendsAndDividendEquivalentsAccrued`	$18.53M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends and dividend equivalents declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	44.72M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$640.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$680.25M	USD	Point-in-time
Net income	`NetIncomeLoss`	$26.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.76M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.54M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$18.53M	USD	1 Quarter
Dividends and dividend equivalents declared	`Dividends`	$23.74M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$10.38M	USD	1 Quarter
Common stock issued under the employee equity incentive plan	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$11.76M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.63M	USD	1 Quarter
Common stock issued under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.89M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.57M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.99M	USD	1 Quarter
Balance (in shares)	`CommonStockSharesOutstanding`	44.72M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	43.62M	shares	Point-in-time
Balance	`StockholdersEquity`	$773.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$813.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$640.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$680.25M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-98.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$55.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.76M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.68M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.88M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $55 and $(98), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.65M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax of $55 and $(98), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$826.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-4.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$31.22M	USD	1 Quarter

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