10-Q Filing

BUILDERS FIRSTSOURCE, INC. CIK: 1316835 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-026435`
Period End Date	20180930
Filing Date	20181102
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	bldr-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 56 Cash Flow Statement 66 Stockholders Equity 16

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$13.47M	USD	Point-in-time
Allowances on trade accounts receivable	`AllowancesOnTradeAccountsReceivableCurrent`	$11.77M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.53M	USD	Point-in-time
Accounts receivable, less allowances of $13,470 and $11,771 at September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$631.99M	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 $13,470 and $11,771 at September 30, 2018 and December 31, 2017, respectively	`AccountsReceivableNetCurrent`	$805.32M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$59.39M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$71.23M	USD	Point-in-time
Inventories, net	`InventoryNet`	$679.47M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories, net	`InventoryNet`	$601.55M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.56M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	113.57M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	114.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	114.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	113.57M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$639.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$665.73M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$5.27M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$7.87M	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`	$111.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$75.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$38.76M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$17.60M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$15.57M	USD	Point-in-time
Total assets	`Assets`	$3.01B	USD	Point-in-time
Total assets	`Assets`	$3.19B	USD	Point-in-time
Checks outstanding	`ChecksOutstandingCurrent`	$13.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$487.77M	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`	$255.84M	USD	Point-in-time
Current maturities of long-term debt and lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$14.62M	USD	Point-in-time
Current maturities of long-term debt and lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$12.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$798.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$771.76M	USD	Point-in-time
Long-term debt and lease obligations, net of current maturities, debt discount and debt issuance costs	`LongTermDebtAndCapitalLeaseObligations`	$1.77B	USD	Point-in-time
Long-term debt and lease obligations, net of current maturities, debt discount and debt issuance costs	`LongTermDebtAndCapitalLeaseObligations`	$1.83B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.62M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$56.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.66B	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; 114,725 and 113,572 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$1.14M	USD	Point-in-time
Common stock, $0.01 par value, 200,000 shares authorized; 114,725 and 113,572 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$1.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$546.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$554.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-17.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-171.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$376.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$538.32M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.19B	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`	$1.88B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.26B	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.12B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.91B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.42B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.60B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.96B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$4.48B	USD	3 Qtrs
Gross margin	`GrossProfit`	$459.32M	USD	1 Quarter
Gross margin	`GrossProfit`	$1.30B	USD	3 Qtrs
Gross margin	`GrossProfit`	$1.43B	USD	3 Qtrs
Gross margin	`GrossProfit`	$522.78M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.15B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.08B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$370.64M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$400.99M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$88.68M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$220.30M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$278.49M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$121.79M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-29.11M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-33.84M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-84.81M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-103.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$54.85M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.68M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$116.60M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$193.69M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$40.52M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.35M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$35.12M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.48M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$73.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.17M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$73.33M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$153.17M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$81.48M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.34	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.73	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.71	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.31	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.37M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	114.71M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.69M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	114.48M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.31M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.61M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.87M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.46M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Non cash retirement of assets related to lease finance obligations	`NonCashRetirementOfAssetsRelatedToLeaseFinanceObligations`	$15.00M	USD	3 Qtrs
Non cash retirement of assets related to lease finance obligations	`NonCashRetirementOfAssetsRelatedToLeaseFinanceObligations`	$600.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$81.48M	USD	3 Qtrs
Non cash extinguishment of related lease finance obligation	`NonCashExtinguishmentOfLeaseFinanceObligations`	$12.90M	USD	3 Qtrs
Non cash extinguishment of related lease finance obligation	`NonCashExtinguishmentOfLeaseFinanceObligations`	$700.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$153.17M	USD	3 Qtrs
Equipment purchased and financed through capital lease obligations	`CapitalLeaseObligationsIncurred`	$9.00M	USD	3 Qtrs
Equipment purchased and financed through capital lease obligations	`CapitalLeaseObligationsIncurred`	$14.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$70.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.69M	USD	3 Qtrs
Purchases of property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.10M	USD	1 Quarter
Purchases of property, plant and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$2.50M	USD	3 Qtrs
Amortization and write-off of debt issuance costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$5.16M	USD	3 Qtrs
Amortization and write-off of debt issuance costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.48M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$35.83M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$29.06M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$9.92M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$9.93M	USD	3 Qtrs
Net (gain) loss on sale of assets and asset impairments	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$480.00K	USD	3 Qtrs
Net (gain) loss on sale of assets and asset impairments	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-5.08M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$158.62M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$151.09M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$86.64M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$85.31M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.79M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.84M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-3.78M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-1.44M	USD	3 Qtrs
Accounts payable and checks outstanding	`IncreaseDecreaseInAccountsPayableAndChecksOutstanding`	$71.25M	USD	3 Qtrs
Accounts payable and checks outstanding	`IncreaseDecreaseInAccountsPayableAndChecksOutstanding`	$-12.79M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-14.22M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-43.02M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.60M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.53M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.69M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.06M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.89M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.26M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$894.00M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$1.24B	USD	3 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$1.19B	USD	3 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$839.00M	USD	3 Qtrs
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$8.55M	USD	3 Qtrs
Repayments of long-term debt and other loans	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$11.17M	USD	3 Qtrs
Proceeds from long-term debt and other loans	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$3.82M	USD	3 Qtrs
Payments of loan costs	`PaymentsOfFinancingCosts`	$2.80M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.57M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.39M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.48M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.86M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$45.74M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.18M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.11M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-23.09M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$9.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.53M	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`	$538.32M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	114.72M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	113.57M	shares	Point-in-time
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.93M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.39M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.86M	USD	3 Qtrs
Cumulative effect adjustment (Note 1)	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$1.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.48M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$73.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.17M	USD	3 Qtrs
Balance	`StockholdersEquity`	$376.21M	USD	Point-in-time
Balance	`StockholdersEquity`	$538.32M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	114.72M	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.