10-Q Filing

Latham Group, Inc. CIK: 1833197 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-008576`
Period End Date	20220331
Filing Date	20220512
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	swim-20220402x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 36 Cash Flow Statement 77 Stockholders Equity 19 Comprehensive Income 6

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$43.95M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$18.66M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$139.02M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$60.75M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$109.56M	USD	Point-in-time
Inventories, net	`InventoryNet`	$140.07M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.07M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.45M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.04M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.47M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.47M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.45M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$229.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$313.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$67.84M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$63.51M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$23.36M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$23.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$10.62M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$10.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$33.31M	USD	Point-in-time
Goodwill	`Goodwill`	$129.59M	USD	Point-in-time
Goodwill	`Goodwill`	$128.87M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$338.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$331.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$765.00K	USD	Point-in-time
Total assets	`Assets`	$794.48M	USD	Point-in-time
Total assets	`Assets`	$914.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.00M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$850.00K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$900.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$17.22M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.25M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.78M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$59.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$57.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.17M	USD	Point-in-time
Long-term debt, net of discount, debt issuance costs and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$263.19M	USD	Point-in-time
Long-term debt, net of discount, debt issuance costs and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$320.89M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$56.34M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$56.34M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.73M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.69M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$27.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$453.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$714.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$534.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$440.84M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both April 2, 2022 and December 31, 2021; no shares issued and outstanding as of both April 2, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both April 2, 2022 and December 31, 2021; no shares issued and outstanding as of both April 2, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized as of April 2, 2022 and December 31, 2021; 119,469,747 and 119,445,611 shares issued and outstanding, as of April 2, 2022 and December 31, 2021, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized as of April 2, 2022 and December 31, 2021; 119,469,747 and 119,445,611 shares issued and outstanding, as of April 2, 2022 and December 31, 2021, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$401.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$430.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-48.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-51.71M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$370.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$380.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$353.64M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$115.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$281.61M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$794.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$914.85M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$191.61M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$148.75M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$96.31M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$120.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$70.65M	USD	1 Quarter
Gross profit	`GrossProfit`	$52.44M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$27.17M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$45.23M	USD	1 Quarter
Underwriting fees related to offering of common stock	`ExpenseRelatedToDistributionOrServicingAndUnderwritingFees`	$11.44M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.59M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$7.19M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$19.67M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.06M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.76M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$555.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$355.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-8.50M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-4.88M	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$244.00K	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$542.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.42M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.88M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.31M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.70M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.07M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.27M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-2.84M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$8.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.49M	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$280.00K	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$2.80M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.93M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.46M	USD	1 Quarter
Underwriting fees related to offering of common stock	`ExpenseRelatedToDistributionOrServicingAndUnderwritingFees`	$11.44M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	1 Quarter
Other non-cash, net	`OtherNoncashIncomeExpense`	$-1.43M	USD	1 Quarter
Other non-cash, net	`OtherNoncashIncomeExpense`	$-373.00K	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$244.00K	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$542.00K	USD	1 Quarter
Distributions received from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$168.00K	USD	1 Quarter
Distributions received from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$60.96M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$78.95M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$30.49M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$9.24M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-119.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$790.00K	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.11M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$26.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$328.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.49M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.64M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.10M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.23M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$261.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.54M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-41.05M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-57.47M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.67M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.61M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.67M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.61M	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$172.81M	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$320.12M	USD	1 Quarter
Payments on long-term debt borrowings	`RepaymentsOfMediumTermNotes`	$5.76M	USD	1 Quarter
Payments on long-term debt borrowings	`RepaymentsOfMediumTermNotes`	$284.01M	USD	1 Quarter
Proceeds from borrowings on revolving credit facilities	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$20.00M	USD	1 Quarter
Proceeds from borrowings on revolving credit facilities	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$16.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfRevolvingCreditFacilityBorrowings`	-	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfRevolvingCreditFacilityBorrowings`	$10.00M	USD	1 Quarter
Deferred financing fees paid	`PaymentsOfFinancingCosts`	$6.87M	USD	1 Quarter
Deferred financing fees paid	`PaymentsOfFinancingCosts`	$1.25M	USD	1 Quarter
Dividend to Class A unitholders	`PaymentsOfOrdinaryDividends`	$110.03M	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$257.66M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$257.66M	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$64.94M	USD	1 Quarter
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$747.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$39.25M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.08M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-411.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$207.00K	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.29M	USD	1 Quarter
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.37M	USD	1 Quarter
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.66M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.95M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.95M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.66M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.95M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.95M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.63M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$5.89M	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$502.00K	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$578.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$337.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.14M	USD	1 Quarter
Capitalized internal-use software included in accounts payable - related party	`CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid`	$500.00K	USD	1 Quarter
Capitalized internal-use software included in accounts payable - related party	`CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid`	$900.00K	USD	1 Quarter
Deferred offering costs included in accounts payable and accrued expenses	`OfferingCostsIncurredButNotYetPaid`	$2.90M	USD	1 Quarter
Right-of-use operating assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$33.84M	USD	1 Quarter
Increase in goodwill from measurement period adjustments related to business combinations	`GoodwillPeriodIncreaseDecrease`	$384.00K	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Dividend per share	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Balance, beginning of period	`StockholdersEquity`	$380.10M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$353.64M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$281.61M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.22M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Dividend	`Dividends`	$110.03M	USD	1 Quarter
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$269.10M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$64.94M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$257.66M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.93M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$380.10M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$353.64M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$281.61M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.22M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.20M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$7.33M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-1.62M	USD	1 Quarter

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