10-Q Filing

BALCHEM CORP CIK: 9326 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-008430`
Period End Date	20210331
Filing Date	20210430
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	bcpc-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 32 Cash Flow Statement 58 Stockholders Equity 16 Comprehensive Income 12

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.53M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.16M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,158 and $2,092 at March 31, 2021 and December 31, 2020 respectively	`AccountsReceivableNetCurrent`	$106.81M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,158 and $2,092 at March 31, 2021 and December 31, 2020 respectively	`AccountsReceivableNetCurrent`	$98.21M	USD	Point-in-time
Inventories	`InventoryNet`	$77.02M	USD	Point-in-time
Inventories	`InventoryNet`	$70.62M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$6.60M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$5.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$25.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$25.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$3.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.44M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$266.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$281.20M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$228.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$226.51M	USD	Point-in-time
Goodwill	`Goodwill`	$526.25M	USD	Point-in-time
Goodwill	`Goodwill`	$529.46M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.45M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.47M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$113.66M	USD	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$121.66M	USD	Point-in-time
Right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$8.41M	USD	Point-in-time
Right of use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$8.71M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.45M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	19,089.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	76,084.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.33M	USD	Point-in-time
Total assets	`Assets`	$1.17B	USD	Point-in-time
Total assets	`Assets`	$1.17B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$33.77M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$23.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$37.40M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.75M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$11.47M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$203.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$18.94M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$3.64M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Lease liabilities - current	`OperatingAndFinanceLeaseLiabilityCurrent`	$2.28M	USD	Point-in-time
Lease liabilities - current	`OperatingAndFinanceLeaseLiabilityCurrent`	$2.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$94.43M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$163.57M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$153.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$51.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$51.87M	USD	Point-in-time
Lease liabilities - non-current	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$6.08M	USD	Point-in-time
Lease liabilities - non-current	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$6.42M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$11.66M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$6.76M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$10.52M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$12.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$319.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$337.61M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $25 par value. Authorized 2,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $25 par value. Authorized 2,000,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,471,019 shares issued and 32,451,930 shares outstanding at March 31, 2021 and 32,448,705 shares issued and 32,372,621 outstanding at December 31, 2020, respectively	`CommonStockValue`	$2.17M	USD	Point-in-time
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,471,019 shares issued and 32,451,930 shares outstanding at March 31, 2021 and 32,448,705 shares issued and 32,372,621 outstanding at December 31, 2020, respectively	`CommonStockValue`	$2.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$173.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$170.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$656.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$680.15M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.45M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.17M	USD	Point-in-time
Treasury stock, at cost: 19,089 and 76,084 shares at March 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$2.21M	USD	Point-in-time
Treasury stock, at cost: 19,089 and 76,084 shares at March 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$7.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$828.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$849.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$766.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$743.67M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.17B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$185.66M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.44M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$119.11M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$126.93M	USD	1 Quarter
Gross margin	`GrossProfit`	$58.73M	USD	1 Quarter
Gross margin	`GrossProfit`	$55.33M	USD	1 Quarter
Selling expenses	`SellingExpense`	$14.92M	USD	1 Quarter
Selling expenses	`SellingExpense`	$15.43M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.75M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.70M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.92M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$29.05M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$26.28M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$30.57M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-725.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.70M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$133.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-92.00K	USD	1 Quarter
Total other expenses (income)	`NonoperatingIncomeExpense`	$-592.00K	USD	1 Quarter
Total other expenses (income)	`NonoperatingIncomeExpense`	$-1.79M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.98M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.49M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.57M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.72M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.55M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$2.62M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$2.18M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$135.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$522.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$69.00K	USD	1 Quarter
Unrealized gain on foreign currency transactions and deferred compensation	`ForeignCurrencyTransactionGainLossUnrealized`	$230.00K	USD	1 Quarter
Unrealized gain on foreign currency transactions and deferred compensation	`ForeignCurrencyTransactionGainLossUnrealized`	$23.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.61M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.52M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-528.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$6.70M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$349.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.34M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.10M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.04M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.52M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-655.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$296.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.61M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.57M	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$5.39M	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$6.31M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$86.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.39M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.23M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$5.00M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$10.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$5.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$15.00M	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$39.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$4.43M	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$2.40M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$16.70M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$18.70M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$891.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.16M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.93M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-724.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.48M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.29M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.96M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.67M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.96M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.53M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.57M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.67M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.96M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.53M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.57M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$849.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$766.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$743.67M	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.62M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.90M	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredParValueMethod`	$891.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredParValueMethod`	$1.60M	USD	1 Quarter
Shares and options issued under stock plans	`StockGrantedDuringPeriodValueSharebasedCompensation`	$5.07M	USD	1 Quarter
Shares and options issued under stock plans	`StockGrantedDuringPeriodValueSharebasedCompensation`	$6.63M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$849.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$766.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$743.67M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$19.77M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.14M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$781.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.11M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$512.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-579.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$7.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.62M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.86M	USD	1 Quarter

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