10-Q Filing

SMITH & WESSON BRANDS, INC. CIK: 1092796 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-042517`
Period End Date	20200731
Filing Date	20200903
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	swbi-10q_20200731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 42 Cash Flow Statement 66 Stockholders Equity 26

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowances for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.44M	USD	Point-in-time
Allowances for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.41M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$125.40M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.27M	USD	Point-in-time
Accounts receivable, net of allowances for credit losses of $1,411 on July 31, 2020 and $1,438 on April 30, 2020	`AccountsReceivableNetCurrent`	$93.43M	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, net of allowances for credit losses of $1,411 on July 31, 2020 and $1,438 on April 30, 2020	`AccountsReceivableNetCurrent`	$101.36M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`FIFOInventoryAmount`	$149.57M	USD	Point-in-time
Inventories	`FIFOInventoryAmount`	$164.19M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.02M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$656.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$327.87M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	73.53M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	73.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$393.45M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$156.78M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	55.36M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$157.42M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$73.75M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$69.84M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time
Goodwill	`Goodwill`	$83.61M	USD	Point-in-time
Goodwill	`Goodwill`	$83.61M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.33M	USD	Point-in-time
Assets, Total	`Assets`	$728.96M	USD	Point-in-time
Assets, Total	`Assets`	$658.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.83M	USD	Point-in-time
Accrued expenses and deferred revenue	`AccruedExpensesAndDeferredRevenueCurrent`	$49.99M	USD	Point-in-time
Accrued expenses and deferred revenue	`AccruedExpensesAndDeferredRevenueCurrent`	$64.60M	USD	Point-in-time
Accrued payroll and incentives	`EmployeeRelatedLiabilitiesCurrent`	$13.24M	USD	Point-in-time
Accrued payroll and incentives	`EmployeeRelatedLiabilitiesCurrent`	$14.62M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$18.91M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$5.50M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$5.88M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$2.41M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$3.46M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$3.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$129.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$145.30M	USD	Point-in-time
Notes and loans payable, net of current portion	`LongTermNotesAndLoans`	$159.17M	USD	Point-in-time
Notes and loans payable, net of current portion	`LongTermNotesAndLoans`	$24.31M	USD	Point-in-time
Finance lease payable, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$39.87M	USD	Point-in-time
Finance lease payable, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$39.61M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$12.83M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$11.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$221.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$341.84M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 73,864,745 issued and 55,697,883 shares outstanding on July 31, 2020 and 73,526,790 shares issued and 55,359,928 shares outstanding on April 30, 2020	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 73,864,745 issued and 55,697,883 shares outstanding on July 31, 2020 and 73,526,790 shares issued and 55,359,928 shares outstanding on April 30, 2020	`CommonStockValue`	$74.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$269.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$267.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$390.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$341.72M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Treasury stock, at cost (18,166,862 shares on July 31, 2020 and April 30, 2020)	`TreasuryStockValue`	$222.38M	USD	Point-in-time
Treasury stock, at cost (18,166,862 shares on July 31, 2020 and April 30, 2020)	`TreasuryStockValue`	$222.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$437.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$444.44M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$387.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$443.06M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$658.17M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$728.96M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$277.96M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$123.67M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$161.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$75.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$47.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$116.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.23M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.96M	USD	1 Quarter
Selling, marketing, and distribution	`SellingAndMarketingExpense`	$16.77M	USD	1 Quarter
Selling, marketing, and distribution	`SellingAndMarketingExpense`	$19.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$51.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$46.71M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$65.45M	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$151.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.63M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.32M	USD	1 Quarter
Total other (expense)/income, net	`NonoperatingIncomeExpense`	$-1.17M	USD	1 Quarter
Total other (expense)/income, net	`NonoperatingIncomeExpense`	$-2.62M	USD	1 Quarter
Income/(loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$64.29M	USD	1 Quarter
Income/(loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$629.00K	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$48.38M	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$-2.11M	USD	1 Quarter
Change in unrealized loss on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-420.00K	USD	1 Quarter
Other comprehensive loss, before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-420.00K	USD	1 Quarter
Income tax benefit on other comprehensive loss	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-92.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-328.00K	USD	1 Quarter
Comprehensive income/(loss):	`ComprehensiveIncomeNetOfTax`	$-2.44M	USD	1 Quarter
Comprehensive income/(loss):	`ComprehensiveIncomeNetOfTax`	$48.38M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	55.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	54.78M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.78M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.28M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$-2.11M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$48.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.35M	USD	1 Quarter
Loss/(gain) on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$-3.00K	USD	1 Quarter
Provision for losses on notes and accounts receivable	`ProvisionForOrRecoveriesOfDoubtfulAccounts`	$136.00K	USD	1 Quarter
Provision for losses on notes and accounts receivable	`ProvisionForOrRecoveriesOfDoubtfulAccounts`	$634.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.04M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.59M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.81M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.03M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$31.68M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-14.62M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.18M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.82M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-397.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-14.34M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.06M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.01M	USD	1 Quarter
Accrued payroll and incentives	`IncreaseDecreaseInAccruedSalaries`	$-1.38M	USD	1 Quarter
Accrued payroll and incentives	`IncreaseDecreaseInAccruedSalaries`	$-10.88M	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredProfitSharing`	$686.00K	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredProfitSharing`	$3.46M	USD	1 Quarter
Accrued expenses and deferred revenue	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredRevenue`	$-14.64M	USD	1 Quarter
Accrued expenses and deferred revenue	`IncreaseDecreaseInAccruedLiabilitiesAndDeferredRevenue`	$-6.67M	USD	1 Quarter
Accrued warranty	`IncreaseDecreaseInProductWarrantyAccrual`	$-612.00K	USD	1 Quarter
Accrued warranty	`IncreaseDecreaseInProductWarrantyAccrual`	$-171.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-660.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-428.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-946.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-463.00K	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.14M	USD	1 Quarter
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$83.47M	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$292.00K	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$123.00K	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.69M	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.34M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.82M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.63M	USD	1 Quarter
Proceeds from loans and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$25.00M	USD	1 Quarter
Payments on finance lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$238.00K	USD	1 Quarter
Payments on finance lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$214.00K	USD	1 Quarter
Payments on notes and loans payable	`RepaymentsOfLongTermDebt`	$1.57M	USD	1 Quarter
Payments on notes and loans payable	`RepaymentsOfLongTermDebt`	$135.00M	USD	1 Quarter
Proceeds from exercise of options to acquire common stock	`ProceedsFromStockOptionsExercised`	$268.00K	USD	1 Quarter
Payment of employee withholding tax related to restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$997.00K	USD	1 Quarter
Payment of employee withholding tax related to restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$538.00K	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-135.97M	USD	1 Quarter
Net cash (used in)/provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.67M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.28M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-60.13M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.02M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$30.73M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.27M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$125.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.02M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$30.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.27M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$125.40M	USD	Point-in-time
Interest	`InterestPaidNet`	$1.69M	USD	1 Quarter
Interest	`InterestPaidNet`	$1.56M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$1.69M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$235.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.05M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$547.00K	USD	1 Quarter
Receivable for exercise of options to acquire common stock	`ReceivableForExerciseOfOptionsToAcquireCommonStock`	$1.25M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$437.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$444.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$387.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$443.06M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.36M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time
Proceeds from exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.52M	USD	1 Quarter
Proceeds from exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	190,667.00	shares	1 Quarter
Proceeds from exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.59M	USD	1 Quarter
Change in unrealized loss on interest rate swap, net of tax effect	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-328.00K	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$538.00K	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$997.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$48.38M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.11M	USD	1 Quarter
Balance	`StockholdersEquity`	$437.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$444.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$387.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$443.06M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.36M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	55.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	18.17M	shares	Point-in-time

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