10-Q Filing

PATTERSON UTI ENERGY INC CIK: 889900 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-017302`
Period End Date	20160331
Filing Date	20160502
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	pten-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 47 Cash Flow Statement 67 Stockholders Equity 15 Comprehensive Income 8

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.54M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.19M	USD	Point-in-time
Current portion of long-term debt, net of debt issuance cost	`DeferredFinanceCostsCurrentNet`	$483.00K	USD	Point-in-time
Current portion of long-term debt, net of debt issuance cost	`DeferredFinanceCostsCurrentNet`	$530.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.01M	USD	Point-in-time
Long-term debt, net of debt issuance cost	`DeferredFinanceCostsNoncurrentNet`	$3.35M	USD	Point-in-time
Long-term debt, net of debt issuance cost	`DeferredFinanceCostsNoncurrentNet`	$2.94M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $3,191 and $3,545 at March 31, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$182.78M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $3,191 and $3,545 at March 31, 2016 and December 31, 2015, respectively	`AccountsReceivableNetCurrent`	$219.67M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$33.45M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$37.32M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$14.72M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$13.22M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$65.12M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$35.27M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$40.23M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$39.06M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	190.37M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	190.37M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$486.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$494.21M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	147.17M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.79B	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	147.17M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.92B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	43.21M	shares	Point-in-time
Goodwill and intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$92.61M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	43.21M	shares	Point-in-time
Goodwill and intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$91.70M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$22.37M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$18.39M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$7.26M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$7.03M	USD	Point-in-time
Total assets	`Assets`	$4.53B	USD	Point-in-time
Total assets	`Assets`	$4.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$82.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$81.97M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$154.44M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$161.61M	USD	Point-in-time
Current portion of long-term debt, net of debt issuance cost of $530 and $483 at March 31, 2016 and December 31, 2015, respectively	`LongTermDebtCurrent`	$76.97M	USD	Point-in-time
Current portion of long-term debt, net of debt issuance cost of $530 and $483 at March 31, 2016 and December 31, 2015, respectively	`LongTermDebtCurrent`	$63.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$307.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$313.38M	USD	Point-in-time
Long-term debt, net of debt issuance cost of $2,941 and $3,350 at March 31, 2016 and December 31, 2015, respectively	`LongTermDebtNoncurrent`	$787.90M	USD	Point-in-time
Long-term debt, net of debt issuance cost of $2,941 and $3,350 at March 31, 2016 and December 31, 2015, respectively	`LongTermDebtNoncurrent`	$764.56M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$822.36M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$863.83M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$8.38M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$8.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.97B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.91B	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $.01; authorized 300,000,000 shares with 190,374,862 and 190,374,801 issued and 147,167,622 and 147,167,561 outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$1.90M	USD	Point-in-time
Common stock, par value $.01; authorized 300,000,000 shares with 190,374,862 and 190,374,801 issued and 147,167,622 and 147,167,561 outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$1.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.02B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.37B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.46B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.58M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.09M	USD	Point-in-time
Treasury stock, at cost, 43,207,240 shares at March 31, 2016 and December 31, 2015	`TreasuryStockValue`	$907.04M	USD	Point-in-time
Treasury stock, at cost, 43,207,240 shares at March 31, 2016 and December 31, 2015	`TreasuryStockValue`	$907.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.49B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.56B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.40B	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas	`OilAndGasSalesRevenue`	$3.97M	USD	1 Quarter
Oil and natural gas	`OilAndGasSalesRevenue`	$6.50M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$268.94M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$657.70M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$212.81M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$80.90M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$87.81M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$212.72M	USD	1 Quarter
Oil and natural gas	`OilAndNaturalGasExpensesExcludingDepreciation`	$2.80M	USD	1 Quarter
Oil and natural gas	`OilAndNaturalGasExpensesExcludingDepreciation`	$2.09M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$176.77M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$175.38M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$20.54M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$17.97M	USD	1 Quarter
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-9.34M	USD	1 Quarter
Other operating (income) expense, net	`OtherOperatingIncomeExpenseNet`	$1.34M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$364.20M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$633.60M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-95.26M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$24.10M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$283.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$110.00K	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$10.80M	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$8.54M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$16.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-8.26M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-10.67M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.85M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.93M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$30.52M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-23.81M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-23.80M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-11.62M	USD	1 Quarter
Total income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-35.43M	USD	1 Quarter
Total income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$6.72M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-70.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.48	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.48	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	145.77M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	144.98M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	145.77M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	145.75M	shares	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Interest expense, capitalized interest	`InterestPaidCapitalized`	$1.67M	USD	1 Quarter
Interest expense, capitalized interest	`InterestPaidCapitalized`	$185.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-70.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$176.77M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$175.38M	USD	1 Quarter
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$46.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-23.80M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-11.62M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.21M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.86M	USD	1 Quarter
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$2.92M	USD	1 Quarter
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$2.44M	USD	1 Quarter
Tax expense on stock based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$323.00K	USD	1 Quarter
Tax expense on stock based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$34.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$163.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$362.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-37.36M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-176.67M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$112.71M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-3.35M	USD	1 Quarter
Inventory and other assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$-2.97M	USD	1 Quarter
Inventory and other assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$-9.56M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.89M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-65.20M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$5.56M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.20M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$857.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-628.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$113.73M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$404.99M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.47M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.30M	USD	1 Quarter
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.83M	USD	1 Quarter
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.10M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-235.64M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.20M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$14.71M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$14.64M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.94M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$10.00M	USD	1 Quarter
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$54.00M	USD	1 Quarter
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$357.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-24.71M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-122.08M	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.36M	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$391.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$43.91M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$73.21M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$113.35M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$186.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$113.35M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$186.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$86.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.01M	USD	Point-in-time
Interest, net of capitalized interest of $185 in 2016 and $1,667 in 2015	`InterestPaidNet`	$783.00K	USD	1 Quarter
Interest, net of capitalized interest of $185 in 2016 and $1,667 in 2015	`InterestPaidNet`	$3.77M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-83.14M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$-19.62M	USD	1 Quarter
Net increase (decrease) in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$14.06M	USD	1 Quarter
Net increase (decrease) in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$-884.00K	USD	1 Quarter
Net decrease in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$32.22M	USD	1 Quarter
Net decrease in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$3.97M	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$2.49B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.56B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	190.37M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	190.37M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-70.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.58M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.21M	USD	1 Quarter
Tax expense related to stock- based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-323.00K	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$14.71M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$2.49B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.56B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	190.37M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	190.37M	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), taxes	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-70.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.12M	USD	1 Quarter
Other comprehensive income (loss), taxes	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.58M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.68M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-63.83M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$547.00K	USD	1 Quarter

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