10-Q Filing

EXPEDITORS INTERNATIONAL OF WASHINGTON INC CIK: 746515 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-018771`
Period End Date	20220331
Filing Date	20220509
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	expd-10q_20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 42 Cash Flow Statement 56 Stockholders Equity 21 Comprehensive Income 14

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.68M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.69M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$553.05M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$541.68M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.14B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.73B	USD	Point-in-time
Accounts receivable, less allowance for credit loss of $5,677 at March 31, 2022 and $6,686 at December 31, 2021	`AccountsReceivableNetCurrent`	$3.81B	USD	Point-in-time
Accounts receivable, less allowance for credit loss of $5,677 at March 31, 2022 and $6,686 at December 31, 2021	`AccountsReceivableNetCurrent`	$3.93B	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
Common stock, shares issued	`CommonStockSharesIssued`	167.21M	shares	Point-in-time
Deferred contract costs	`CapitalizedContractCostGross`	$987.27M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	167.48M	shares	Point-in-time
Deferred contract costs	`CapitalizedContractCostGross`	$817.43M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.21M	shares	Point-in-time
Other	`PrepaidExpenseAndOtherAssetsCurrent`	$108.80M	USD	Point-in-time
Other	`PrepaidExpenseAndOtherAssetsCurrent`	$70.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.64B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.96B	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $553,048 at March 31, 2022 and $541,677 at December 31, 2021	`PropertyPlantAndEquipmentNet`	$504.12M	USD	Point-in-time
Property and equipment, less accumulated depreciation and amortization of $553,048 at March 31, 2022 and $541,677 at December 31, 2021	`PropertyPlantAndEquipmentNet`	$487.87M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$458.64M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$459.16M	USD	Point-in-time
Goodwill	`Goodwill`	$7.93M	USD	Point-in-time
Goodwill	`Goodwill`	$7.93M	USD	Point-in-time
Deferred federal and state income taxes, net	`DeferredIncomeTaxAssetsNet`	$729.00K	USD	Point-in-time
Deferred federal and state income taxes, net	`DeferredIncomeTaxAssetsNet`	$5.57M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssetsNoncurrent`	$19.20M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssetsNoncurrent`	$17.00M	USD	Point-in-time
Total assets	`Assets`	$7.96B	USD	Point-in-time
Total assets	`Assets`	$5.45B	USD	Point-in-time
Total assets	`Assets`	$7.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.98B	USD	Point-in-time
Accrued liabilities, primarily salaries and related costs	`AccruedLiabilitiesCurrent`	$403.62M	USD	Point-in-time
Accrued liabilities, primarily salaries and related costs	`AccruedLiabilitiesCurrent`	$607.88M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.14B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$952.37M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$82.02M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$85.08M	USD	Point-in-time
Federal, state and foreign income taxes	`AccruedIncomeTaxesCurrent`	$86.17M	USD	Point-in-time
Federal, state and foreign income taxes	`AccruedIncomeTaxesCurrent`	$96.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.72B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.73B	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$384.69M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$385.64M	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: 167,477 shares at March 31, 2022 and 167,210 shares at December 31, 2021	`CommonStockValue`	$1.68M	USD	Point-in-time
Common stock, par value $0.01 per share. Issued and outstanding: 167,477 shares at March 31, 2022 and 167,210 shares at December 31, 2021	`CommonStockValue`	$1.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.97B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-137.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-130.41M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.84B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.49B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.56M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$5.94M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.85B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.61B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.96B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.20B	USD	1 Quarter
Revenue from Contract with Customer, Excluding Assessed Tax	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.66B	USD	1 Quarter
Directly related cost of transportation and other expenses	`DirectOperatingCosts`	$2.25B	USD	1 Quarter
Directly related cost of transportation and other expenses	`DirectOperatingCosts`	$3.52B	USD	1 Quarter
Salaries and related	`LaborAndRelatedExpense`	$538.94M	USD	1 Quarter
Salaries and related	`LaborAndRelatedExpense`	$452.11M	USD	1 Quarter
Rent and occupancy	`OccupancyNet`	$50.93M	USD	1 Quarter
Rent and occupancy	`OccupancyNet`	$45.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.99M	USD	1 Quarter
Selling and promotion	`SellingAndMarketingExpense`	$3.07M	USD	1 Quarter
Selling and promotion	`SellingAndMarketingExpense`	$4.05M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$79.54M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$52.58M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$4.20B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.81B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$461.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$385.51M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.89M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.95M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$7.53M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$4.95M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$9.42M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$471.18M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$390.46M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$121.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$102.51M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$349.48M	USD	1 Quarter
Less net earnings attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.37M	USD	1 Quarter
Less net earnings attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$730.00K	USD	1 Quarter
Net earnings attributable to shareholders	`NetIncomeLoss`	$287.22M	USD	1 Quarter
Net earnings attributable to shareholders	`NetIncomeLoss`	$346.11M	USD	1 Quarter
Diluted earnings attributable to shareholders per share	`EarningsPerShareDiluted`	$1.67	USD	1 Quarter
Diluted earnings attributable to shareholders per share	`EarningsPerShareDiluted`	$2.05	USD	1 Quarter
Basic earnings attributable to shareholders per share	`EarningsPerShareBasic`	$1.70	USD	1 Quarter
Basic earnings attributable to shareholders per share	`EarningsPerShareBasic`	$2.07	USD	1 Quarter
Weighted average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	169.22M	shares	1 Quarter
Weighted average diluted shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.55M	shares	1 Quarter
Weighted average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	169.21M	shares	1 Quarter
Weighted average basic shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	167.50M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$349.48M	USD	1 Quarter
(Recoveries) provisions for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.20M	USD	1 Quarter
(Recoveries) provisions for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$-416.00K	USD	1 Quarter
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-3.24M	USD	1 Quarter
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$8.15M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$11.19M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$11.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.99M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-455.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-551.00K	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$252.91M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$132.35M	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$140.19M	USD	1 Quarter
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$233.24M	USD	1 Quarter
Decrease (increase) in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$-173.93M	USD	1 Quarter
Decrease (increase) in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$71.26M	USD	1 Quarter
(Decrease) increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-193.36M	USD	1 Quarter
(Decrease) increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$79.59M	USD	1 Quarter
Increase in income taxes payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$46.26M	USD	1 Quarter
Increase in income taxes payable, net	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$46.64M	USD	1 Quarter
Decrease (increase) in other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-8.41M	USD	1 Quarter
Decrease (increase) in other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.49M	USD	1 Quarter
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$413.95M	USD	1 Quarter
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$355.83M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$8.39M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireProductiveAssets`	$14.41M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-79.00K	USD	1 Quarter
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.43M	USD	1 Quarter
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.33M	USD	1 Quarter
Proceeds from borrowing on lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-85.00K	USD	1 Quarter
Proceeds from borrowing on lines of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$19.49M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockPlans`	$5.75M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromStockPlans`	$19.76M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$86.00M	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`	$7.48M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.76M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.60M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.44M	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`	$410.93M	USD	1 Quarter
Change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$265.60M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.79B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.73B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14B	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`	$1.73B	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`	$2.14B	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$46.61M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$77.96M	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.85B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	167.21M	shares	Point-in-time
Shares issued under employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.48M	USD	1 Quarter
Shares issued under employee stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.73M	USD	1 Quarter
Shares repurchased under provisions of stock repurchase plan	`StockRepurchasedDuringPeriodValue`	$86.00M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.19M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.60M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$349.48M	USD	1 Quarter
Other comprehensive income loss	`OtherComprehensiveIncomeLossNetOfTax`	$-8.01M	USD	1 Quarter
Other comprehensive income loss	`OtherComprehensiveIncomeLossNetOfTax`	$-16.20M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.85B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.50B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	167.21M	shares	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.50M	USD	1 Quarter
Foreign currency translation adjustments, tax benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$3.39M	USD	1 Quarter
Net earnings	`ProfitLoss`	$287.95M	USD	1 Quarter
Net earnings	`ProfitLoss`	$349.48M	USD	1 Quarter
Foreign currency translation adjustments, net of income tax benefit of $1,500 and $3,393 for the three months ended March 31, 2022 and 2021	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.01M	USD	1 Quarter
Foreign currency translation adjustments, net of income tax benefit of $1,500 and $3,393 for the three months ended March 31, 2022 and 2021	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-16.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-8.01M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-16.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$341.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$271.75M	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`	$2.37M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$271.49M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$339.09M	USD	1 Quarter

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