10-Q Filing

BALCHEM CORP CIK: 9326 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-011502`
Period End Date	20220331
Filing Date	20220429
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	bcpc-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 32 Cash Flow Statement 58 Stockholders Equity 21 Comprehensive Income 12

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.24M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$928.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.16M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,164 and $928 at March 31, 2022 and December 31, 2021 respectively	`AccountsReceivableNetCurrent`	$117.41M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,164 and $928 at March 31, 2022 and December 31, 2021 respectively	`AccountsReceivableNetCurrent`	$136.97M	USD	Point-in-time
Inventories, net	`InventoryNet`	$108.41M	USD	Point-in-time
Inventories, net	`InventoryNet`	$91.06M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$6.12M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$5.38M	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
Other current assets	`OtherAssetsCurrent`	$4.41M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.57M	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
Total current assets	`AssetsCurrent`	$319.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$322.23M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$237.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$240.42M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$522.59M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	USD	Point-in-time
Goodwill	`Goodwill`	$523.95M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	USD	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$94.67M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$88.53M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.29M	shares	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$6.90M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.12M	shares	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$6.93M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.12M	shares	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.31M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.36M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.29M	shares	Point-in-time
Derivative assets	`DerivativeAssetsNoncurrent`	$882.00K	USD	Point-in-time
Derivative assets	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.67M	USD	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Total assets	`Assets`	$1.20B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$46.82M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$56.24M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$43.41M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$53.96M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$10.32M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$19.57M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$129.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$20.89M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$9.94M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.33M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$2.19M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$2.19M	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$167.00K	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$169.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$123.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$143.80M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$128.57M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$108.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$46.45M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$47.03M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$4.73M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$4.81M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.30M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.26M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$2.66M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$13.71M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$15.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$321.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$322.31M	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; 32,116,069 shares issued and outstanding at March 31, 2022 and 32,287,150 shares issued and outstanding at December 31, 2021, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,116,069 shares issued and outstanding at March 31, 2022 and 32,287,150 shares issued and outstanding at December 31, 2021, respectively	`CommonStockValue`	$2.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$116.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$147.72M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$761.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$732.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$849.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$873.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$828.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$877.01M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.20B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.87M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$185.66M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$126.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$157.36M	USD	1 Quarter
Gross margin	`GrossProfit`	$58.73M	USD	1 Quarter
Gross margin	`GrossProfit`	$71.51M	USD	1 Quarter
Selling expenses	`SellingExpense`	$16.98M	USD	1 Quarter
Selling expenses	`SellingExpense`	$14.92M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.75M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.23M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.48M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$33.17M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$38.34M	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`	$-545.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-161.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$133.00K	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-592.00K	USD	1 Quarter
Total other expenses	`NonoperatingIncomeExpense`	$-706.00K	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.63M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.98M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.57M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.89	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`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.93M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$3.08M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$2.62M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$328.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$69.00K	USD	1 Quarter
Unrealized loss (gain) on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$-37.00K	USD	1 Quarter
Unrealized loss (gain) on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$229.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$29.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$1.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.41M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.61M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$6.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$17.60M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-487.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.00M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.71M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.34M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$8.52M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.04M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$296.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-548.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.61M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.02M	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$10.26M	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$6.31M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$184.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$86.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.23M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.07M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLongTermLinesOfCredit`	$5.00M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLongTermLinesOfCredit`	$20.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$15.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$41.00K	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$39.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$498.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$2.40M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$20.70M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$18.70M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$34.60M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.84M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.93M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-877.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.48M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-38.77M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.96M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.53M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.47M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.24M	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`	$88.53M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.47M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.24M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.57M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$849.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$873.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.12M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.29M	shares	Point-in-time
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.62M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$1.60M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$34.60M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$10.00K	USD	1 Quarter
Shares and options issued under stock plans	`StockGrantedDuringPeriodValueSharebasedCompensation`	$5.07M	USD	1 Quarter
Shares and options issued under stock plans	`StockGrantedDuringPeriodValueSharebasedCompensation`	$3.64M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$849.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$873.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.12M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.29M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$23.41M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.84M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.14M	USD	1 Quarter
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.57M	USD	1 Quarter
Unrealized gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$512.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$7.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-27.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$27.63M	USD	1 Quarter

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