10-Q Filing

EXPEDITORS INTERNATIONAL OF WASHINGTON INC CIK: 746515 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-024659`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	expd-10q_20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 42 Cash Flow Statement 54 Stockholders Equity 22 Comprehensive Income 14

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.94M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.58M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$523.83M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$516.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.53B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.79B	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, less allowance for credit loss of $5,941 at March 31, 2021 and $5,579 at December 31, 2020	`AccountsReceivableNetCurrent`	$2.23B	USD	Point-in-time
Accounts receivable, less allowance for credit loss of $5,941 at March 31, 2021 and $5,579 at December 31, 2020	`AccountsReceivableNetCurrent`	$2.00B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	168.81M	shares	Point-in-time
Deferred contract costs	`CapitalizedContractCostGross`	$387.85M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	169.29M	shares	Point-in-time
Deferred contract costs	`CapitalizedContractCostGross`	$327.45M	USD	Point-in-time
Other	`PrepaidExpenseAndOtherAssetsCurrent`	$110.25M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	168.81M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	169.29M	shares	Point-in-time
Other	`PrepaidExpenseAndOtherAssetsCurrent`	$85.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.49B	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $523,829 at March 31, 2021 and $516,988 at December 31, 2020	`PropertyPlantAndEquipmentNet`	$497.38M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $523,829 at March 31, 2021 and $516,988 at December 31, 2020	`PropertyPlantAndEquipmentNet`	$506.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$432.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$438.67M	USD	Point-in-time
Goodwill	`Goodwill`	$7.93M	USD	Point-in-time
Goodwill	`Goodwill`	$7.93M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssetsNoncurrent`	$16.88M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssetsNoncurrent`	$16.83M	USD	Point-in-time
Total assets	`Assets`	$5.45B	USD	Point-in-time
Total assets	`Assets`	$3.51B	USD	Point-in-time
Total assets	`Assets`	$4.93B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.30B	USD	Point-in-time
Accrued expenses, primarily salaries and related costs	`AccruedLiabilitiesCurrent`	$257.02M	USD	Point-in-time
Accrued expenses, primarily salaries and related costs	`AccruedLiabilitiesCurrent`	$311.77M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$447.78M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$379.72M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$74.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$76.13M	USD	Point-in-time
Federal, state and foreign income taxes	`AccruedIncomeTaxesCurrent`	$64.17M	USD	Point-in-time
Federal, state and foreign income taxes	`AccruedIncomeTaxesCurrent`	$45.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.89B	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$369.29M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$364.19M	USD	Point-in-time
Deferred federal and state income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$7.05M	USD	Point-in-time
Deferred federal and state income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$12.04M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share. Issued and outstanding: 168,808 shares at March 31, 2021 and 169,294 shares at December 31, 2020	`CommonStockValue`	$1.69M	USD	Point-in-time
Common stock, par value $0.01 per share. Issued and outstanding: 168,808 shares at March 31, 2021 and 169,294 shares at December 31, 2020	`CommonStockValue`	$1.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$157.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$101.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.89B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-115.49M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-99.75M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.66B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.87B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.59M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.86M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.45B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.93B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.36B	USD	1 Quarter
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.90B	USD	1 Quarter
Direct Operating Costs	`DirectOperatingCosts`	$1.29B	USD	1 Quarter
Direct Operating Costs	`DirectOperatingCosts`	$2.41B	USD	1 Quarter
Salaries and related	`LaborAndRelatedExpense`	$452.11M	USD	1 Quarter
Salaries and related	`LaborAndRelatedExpense`	$342.04M	USD	1 Quarter
Rent and occupancy	`OccupancyNet`	$42.52M	USD	1 Quarter
Rent and occupancy	`OccupancyNet`	$45.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.99M	USD	1 Quarter
Selling and promotion	`SellingAndMarketingExpense`	$8.24M	USD	1 Quarter
Selling and promotion	`SellingAndMarketingExpense`	$3.07M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$52.58M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$50.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.97B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.74B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$385.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$159.06M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.81M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.95M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$3.38M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$8.19M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$4.95M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$390.46M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.46M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$102.51M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$122.78M	USD	1 Quarter
Less net earnings attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$730.00K	USD	1 Quarter
Less net earnings attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$438.00K	USD	1 Quarter
Net earnings attributable to shareholders	`NetIncomeLoss`	$122.34M	USD	1 Quarter
Net earnings attributable to shareholders	`NetIncomeLoss`	$287.22M	USD	1 Quarter
Diluted earnings attributable to shareholders per share	`EarningsPerShareDiluted`	$1.67	USD	1 Quarter
Diluted earnings attributable to shareholders per share	`EarningsPerShareDiluted`	$0.71	USD	1 Quarter
Basic earnings attributable to shareholders per share	`EarningsPerShareBasic`	$1.70	USD	1 Quarter
Basic earnings attributable to shareholders per share	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Weighted average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.55M	shares	1 Quarter
Weighted average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.45M	shares	1 Quarter
Weighted average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	168.74M	shares	1 Quarter
Weighted average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	169.21M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$122.78M	USD	1 Quarter
Provisions for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.82M	USD	1 Quarter
Provisions for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.20M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$8.15M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-5.14M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$11.19M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$11.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.99M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-433.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-551.00K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$252.91M	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-16.68M	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$917.00K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$233.15M	USD	1 Quarter
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$16.07M	USD	1 Quarter
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$71.26M	USD	1 Quarter
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$79.59M	USD	1 Quarter
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$21.20M	USD	1 Quarter
Increase in income taxes payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$10.49M	USD	1 Quarter
Increase in income taxes payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$46.64M	USD	1 Quarter
Increase in other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$11.93M	USD	1 Quarter
Increase in other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.49M	USD	1 Quarter
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$355.74M	USD	1 Quarter
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$165.00M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$8.39M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$6.13M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$143.00K	USD	1 Quarter
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.27M	USD	1 Quarter
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.43M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockPlans`	$23.40M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockPlans`	$19.76M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$86.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$283.24M	USD	1 Quarter
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.27M	USD	1 Quarter
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.40M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.52M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-261.24M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-16.01M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-14.20M	USD	1 Quarter
Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$265.60M	USD	1 Quarter
Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-118.52M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.79B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.79B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$35.30M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$46.61M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	168.81M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	169.29M	shares	Point-in-time
Shares issued under employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.48M	USD	1 Quarter
Shares issued under employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$22.00M	USD	1 Quarter
Shares repurchased under provisions of stock repurchase plan	`StockRepurchasedDuringPeriodValue`	$283.24M	USD	1 Quarter
Shares repurchased under provisions of stock repurchase plan	`StockRepurchasedDuringPeriodValue`	$86.00M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.16M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.19M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$122.78M	USD	1 Quarter
Other comprehensive income loss	`OtherComprehensiveIncomeLossNetOfTax`	$-16.20M	USD	1 Quarter
Other comprehensive income loss	`OtherComprehensiveIncomeLossNetOfTax`	$-38.85M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	168.81M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	169.29M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax (benefit) expense	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.17M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Foreign currency translation adjustments, tax (benefit) expense	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-3.39M	USD	1 Quarter
Net earnings	`ProfitLoss`	$122.78M	USD	1 Quarter
Foreign currency translation adjustments, net of tax (benefit) expense of $(3,393) and $1,174 for the three months ended March 31, 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-16.20M	USD	1 Quarter
Foreign currency translation adjustments, net of tax (benefit) expense of $(3,393) and $1,174 for the three months ended March 31, 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-38.85M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-16.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-38.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$271.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$83.93M	USD	1 Quarter
Less comprehensive income attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$266.00K	USD	1 Quarter
Less comprehensive income attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$148.00K	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$83.78M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$271.49M	USD	1 Quarter

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