10-Q Filing

BUILDERS FIRSTSOURCE, INC. CIK: 1316835 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-020339`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	bldr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 56 Cash Flow Statement 67 Stockholders Equity 16

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$11.77M	USD	Point-in-time
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$13.44M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.53M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, less allowances of $13,437 and $11,771 at June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$820.40M	USD	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
Accounts receivable, less allowances of $13,437 and $11,771 at June 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$631.99M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$71.34M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$71.23M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$601.55M	USD	Point-in-time
Inventories, net	`InventoryNet`	$782.76M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$39.26M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.73B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	114.67M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	113.57M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$655.57M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	114.67M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$639.30M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	113.57M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$5.27M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$8.15M	USD	Point-in-time
Goodwill	`Goodwill`	$740.41M	USD	Point-in-time
Goodwill	`Goodwill`	$740.41M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$132.57M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$119.42M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$75.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$55.73M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$17.60M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$16.61M	USD	Point-in-time
Total assets	`Assets`	$3.01B	USD	Point-in-time
Total assets	`Assets`	$3.32B	USD	Point-in-time
Checks outstanding	`ChecksOutstandingCurrent`	$19.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$562.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$514.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$271.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$250.38M	USD	Point-in-time
Current maturities of long-term debt and lease obligations	`LongTermDebtAndLeaseObligationsCurrent`	$13.97M	USD	Point-in-time
Current maturities of long-term debt and lease obligations	`LongTermDebtAndLeaseObligationsCurrent`	$12.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$798.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$846.75M	USD	Point-in-time
Long-term debt and lease obligations, net of current maturities, debt discount and debt issuance costs	`LongTermDebtAndLeaseObligations`	$1.77B	USD	Point-in-time
Long-term debt and lease obligations, net of current maturities, debt discount and debt issuance costs	`LongTermDebtAndLeaseObligations`	$1.95B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.62M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$60.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.86B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.63B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; zero shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 200,000 shares authorized; 114,671 and 113,572 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$1.15M	USD	Point-in-time
Common stock, $0.01 par value, 200,000 shares authorized; 114,671 and 113,572 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$1.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$550.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$546.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-171.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-90.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$376.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$461.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.32B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.01B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.09B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.84B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.38B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.79B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.88B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.38B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.54B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.59B	USD	1 Quarter
Gross margin	`GrossProfit`	$460.80M	USD	1 Quarter
Gross margin	`GrossProfit`	$496.33M	USD	1 Quarter
Gross margin	`GrossProfit`	$907.38M	USD	2 Qtrs
Gross margin	`GrossProfit`	$836.85M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$369.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$750.68M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$391.77M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$705.23M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$156.70M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$104.56M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$91.34M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$131.62M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$28.96M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$55.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$33.71M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$69.87M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$61.75M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$57.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.16M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.98M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.02M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.72M	USD	1 Quarter
Net income	`ProfitLoss`	$56.62M	USD	1 Quarter
Net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Net income	`ProfitLoss`	$79.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$41.73M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$79.84M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$37.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$41.73M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.37	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.70	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.68	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.36	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.20M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	114.36M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	114.64M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.44M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.69M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.47M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.69M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.03M	shares	2 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Non cash retirement of assets related to lease finance obligations	`NonCashRetirementOfAssetsRelatedToLeaseFinanceObligations`	$5.90M	USD	2 Qtrs
Non cash retirement of assets related to lease finance obligations	`NonCashRetirementOfAssetsRelatedToLeaseFinanceObligations`	$600.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$56.62M	USD	1 Quarter
Net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Net income	`ProfitLoss`	$79.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$41.73M	USD	2 Qtrs
Non cash extinguishment of related lease finance obligation	`NonCashExtinguishmentOfLeaseFinanceObligations`	$600.00K	USD	2 Qtrs
Non cash extinguishment of related lease finance obligation	`NonCashExtinguishmentOfLeaseFinanceObligations`	$5.90M	USD	2 Qtrs
Equipment purchased and financed through capital lease obligations	`CapitalLeaseObligationsIncurred`	$6.80M	USD	2 Qtrs
Equipment purchased and financed through capital lease obligations	`CapitalLeaseObligationsIncurred`	$9.90M	USD	2 Qtrs
Purchases of property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.77M	USD	2 Qtrs
Purchases of property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$200.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.59M	USD	2 Qtrs
Amortization and write-off of debt issuance costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$2.31M	USD	2 Qtrs
Amortization and write-off of debt issuance costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.79M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$18.86M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.57M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.43M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.38M	USD	2 Qtrs
Net loss (gain) on sale of assets and asset impairments	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$326.00K	USD	2 Qtrs
Net loss (gain) on sale of assets and asset impairments	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.99M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$177.76M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$148.09M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$107.86M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$189.93M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.60M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$5.69M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-3.42M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-2.50M	USD	2 Qtrs
Accounts payable and checks outstanding	`IncreaseDecreaseInAccountsPayableAndChecksOutstanding`	$67.13M	USD	2 Qtrs
Accounts payable and checks outstanding	`IncreaseDecreaseInAccountsPayableAndChecksOutstanding`	$89.23M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-19.91M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-27.66M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-76.35M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-168.97M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$49.95M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.57M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.07M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.87M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.56M	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$904.00M	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$687.00M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$588.00M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$721.00M	USD	2 Qtrs
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$5.29M	USD	2 Qtrs
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$6.85M	USD	2 Qtrs
Payments of loan costs	`PaymentsOfFinancingCosts`	$2.80M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.96M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.21M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.86M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.47M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$173.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$91.39M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-7.52M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-44.34M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.45M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$376.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$461.47M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	114.67M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	113.57M	shares	Point-in-time
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.43M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.38M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.86M	USD	2 Qtrs
Cumulative effect adjustment (Note 1)	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$1.47M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.62M	USD	1 Quarter
Net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Net income	`ProfitLoss`	$79.84M	USD	2 Qtrs
Net income	`ProfitLoss`	$41.73M	USD	2 Qtrs
Balance	`StockholdersEquity`	$376.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$461.47M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	114.67M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	113.57M	shares	Point-in-time

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