10-Q Filing

SKYWEST INC CIK: 793733 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-008091`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	skyw-20230331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 47 Cash Flow Statement 49 Stockholders Equity 21

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.98M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$861.34M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$944.23M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	82.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	82.59M	shares	Point-in-time
Receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$101.04M	USD	Point-in-time
Receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$100.52M	USD	Point-in-time
Inventories, net	`AirlineRelatedInventoryNet`	$122.43M	USD	Point-in-time
Inventories, net	`AirlineRelatedInventoryNet`	$123.21M	USD	Point-in-time
Treasury stock, at cost, shares	`TreasuryStockCommonShares`	37.09M	shares	Point-in-time
Treasury stock, at cost, shares	`TreasuryStockCommonShares`	31.99M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$100.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$92.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.25B	USD	Point-in-time
Aircraft and rotable spares	`FlightEquipmentGross`	$8.22B	USD	Point-in-time
Aircraft and rotable spares	`FlightEquipmentGross`	$8.14B	USD	Point-in-time
Deposits on aircraft	`DepositsOnFlightEquipment`	$23.93M	USD	Point-in-time
Deposits on aircraft	`DepositsOnFlightEquipment`	$23.93M	USD	Point-in-time
Buildings and ground equipment	`BuildingsAndGroundEquipmentGross`	$277.91M	USD	Point-in-time
Buildings and ground equipment	`BuildingsAndGroundEquipmentGross`	$265.02M	USD	Point-in-time
Total property and equipment, gross	`PropertyPlantAndEquipmentGross`	$8.43B	USD	Point-in-time
Total property and equipment, gross	`PropertyPlantAndEquipmentGross`	$8.52B	USD	Point-in-time
Less-accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.88B	USD	Point-in-time
Less-accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.96B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.56B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.55B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$151.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$96.37M	USD	Point-in-time
Long-term receivables and other assets	`OtherAssetsNoncurrent`	$342.86M	USD	Point-in-time
Long-term receivables and other assets	`OtherAssetsNoncurrent`	$323.96M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPropertyPlantAndEquipment`	$420.33M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPropertyPlantAndEquipment`	$494.79M	USD	Point-in-time
Total assets	`Assets`	$7.15B	USD	Point-in-time
Total assets	`Assets`	$7.41B	USD	Point-in-time
Total assets	`Assets`	$7.23B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$443.33M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$438.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$422.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$452.21M	USD	Point-in-time
Accrued salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$184.22M	USD	Point-in-time
Accrued salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$186.28M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.74M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$71.73M	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$20.48M	USD	Point-in-time
Taxes other than income taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$20.13M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$33.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$33.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.15B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.17B	USD	Point-in-time
LONG-TERM DEBT, net of current maturities	`LongTermDebtNoncurrent`	$2.94B	USD	Point-in-time
LONG-TERM DEBT, net of current maturities	`LongTermDebtNoncurrent`	$2.86B	USD	Point-in-time
DEFERRED INCOME TAXES PAYABLE	`DeferredIncomeTaxLiabilitiesNet`	$681.55M	USD	Point-in-time
DEFERRED INCOME TAXES PAYABLE	`DeferredIncomeTaxLiabilitiesNet`	$687.06M	USD	Point-in-time
NONCURRENT OPERATING LEASE LIABILITIES	`OperatingLeaseLiabilityNoncurrent`	$76.42M	USD	Point-in-time
NONCURRENT OPERATING LEASE LIABILITIES	`OperatingLeaseLiabilityNoncurrent`	$88.62M	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$236.11M	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$176.93M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, 5,000,000 shares authorized; none issued	`PreferredStockIncludingAdditionalPaidInCapital`	-	USD	Point-in-time
Preferred stock, 5,000,000 shares authorized; none issued	`PreferredStockIncludingAdditionalPaidInCapital`	-	USD	Point-in-time
Common stock, no par value, 120,000,000 shares authorized; 82,800,633 and 82,592,830 shares issued as of March 31, 2023, and December 31, 2022, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$734.43M	USD	Point-in-time
Common stock, no par value, 120,000,000 shares authorized; 82,800,633 and 82,592,830 shares issued as of March 31, 2023, and December 31, 2022, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$740.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.24B	USD	Point-in-time
Treasury stock, at cost, 37,093,074 and 31,994,416 shares as of March 31, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$619.86M	USD	Point-in-time
Treasury stock, at cost, 37,093,074 and 31,994,416 shares as of March 31, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$720.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.23B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.29B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.35B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.23B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.41B	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Total operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$691.83M	USD	1 Quarter
Total operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$735.15M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$335.20M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$300.06M	USD	1 Quarter
Aircraft maintenance, materials and repairs	`AircraftMaintenanceMaterialsAndRepairs`	$142.23M	USD	1 Quarter
Aircraft maintenance, materials and repairs	`AircraftMaintenanceMaterialsAndRepairs`	$148.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$102.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$94.15M	USD	1 Quarter
Aircraft fuel	`AircraftFuel`	$20.96M	USD	1 Quarter
Aircraft fuel	`AircraftFuel`	$25.09M	USD	1 Quarter
Aircraft rentals	`AircraftRentals`	$19.53M	USD	1 Quarter
Aircraft rentals	`AircraftRentals`	$16.00M	USD	1 Quarter
Airport-related expenses	`AirportRelatedExpenses`	$19.20M	USD	1 Quarter
Airport-related expenses	`AirportRelatedExpenses`	$18.30M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$66.17M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$71.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$696.53M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$683.10M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-4.70M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$52.05M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.03M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$425.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$33.62M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.59M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.17M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$880.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-27.29M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-21.41M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.12M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.76M	USD	1 Quarter
PROVISION (BENEFIT) FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$7.03M	USD	1 Quarter
PROVISION (BENEFIT) FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$-4.05M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-22.07M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.73M	USD	1 Quarter
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share)	`EarningsPerShareBasic`	$-0.45	USD	1 Quarter
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share)	`EarningsPerShareDiluted`	$-0.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.39M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.39M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.71M	shares	1 Quarter
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-22.07M	USD	1 Quarter
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.73M	USD	1 Quarter
Net unrealized appreciation on marketable securities, net of taxes	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.48M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$17.73M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-20.59M	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$150.20M	USD	1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$20.51M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$595.33M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$289.12M	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$586.86M	USD	1 Quarter
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$373.49M	USD	1 Quarter
Aircraft and rotable spare parts	`PaymentsForFlightEquipment`	$111.78M	USD	1 Quarter
Aircraft and rotable spare parts	`PaymentsForFlightEquipment`	$92.95M	USD	1 Quarter
Buildings and ground equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.24M	USD	1 Quarter
Buildings and ground equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.32M	USD	1 Quarter
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.16M	USD	1 Quarter
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.75M	USD	1 Quarter
Deposits on aircraft	`PaymentsForDepositsOnAircraft`	$28.03M	USD	1 Quarter
Aircraft deposits applied towards acquired aircraft	`ProceedsFromReturnOfDepositsOnAircraft`	$23.48M	USD	1 Quarter
Decrease (increase) in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$387.00K	USD	1 Quarter
Decrease (increase) in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-19.77M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$3.03M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-124.67M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$185.74M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$25.00M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$93.98M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$107.28M	USD	1 Quarter
Payment of debt issuance cost	`PaymentsOfDebtIssuanceCosts`	$108.00K	USD	1 Quarter
Payment of debt issuance cost	`PaymentsOfDebtIssuanceCosts`	$413.00K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.27M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.51M	USD	1 Quarter
Employee income tax paid on vested equity awards	`TreasurySharesWithheldForPaymentOfTaxes`	$585.00K	USD	1 Quarter
Employee income tax paid on vested equity awards	`TreasurySharesWithheldForPaymentOfTaxes`	$1.12M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.00M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-181.69M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$91.74M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-28.46M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.42M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$246.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$258.42M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.52M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$246.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.98M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$258.42M	USD	Point-in-time
Acquisition of property and equipment	`FairValueOfAssetsAcquired`	$4.65M	USD	1 Quarter
Acquisition of property and equipment	`FairValueOfAssetsAcquired`	$13.57M	USD	1 Quarter
Derecognition of right of use assets	`DerecognitionOfRightOfUseAssets`	$35.06M	USD	1 Quarter
Derecognition of operating lease liabilities	`DerecognitionOfOperatingLeaseLiabilities`	$35.06M	USD	1 Quarter
Interest, net of capitalized amounts	`InterestPaidNet`	$33.84M	USD	1 Quarter
Interest, net of capitalized amounts	`InterestPaidNet`	$29.84M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$533.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$116.00K	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Net unrealized appreciation on marketable securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$476.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.29B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.35B	USD	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-22.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.73M	USD	1 Quarter
Exercise of common stock options and vested employee stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$57.00K	USD	1 Quarter
Exercise of common stock options and vested employee stock awards	`StockIssuedDuringPeriodValueStockOptionsExercised`	$27.00K	USD	1 Quarter
Employee income tax paid on vested equity awards	`TreasurySharesWithheldForPaymentOfTax`	$1.12M	USD	1 Quarter
Employee income tax paid on vested equity awards	`TreasurySharesWithheldForPaymentOfTax`	$585.00K	USD	1 Quarter
Sale of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.22M	USD	1 Quarter
Sale of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.49M	USD	1 Quarter
Stock based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.08M	USD	1 Quarter
Stock based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.33M	USD	1 Quarter
Treasury stock purchases	`TreasuryStockValueAcquiredCostMethod`	$100.00M	USD	1 Quarter
Net unrealized appreciation on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.48M	USD	1 Quarter
Balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.29B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.35B	USD	Point-in-time

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