10-Q Filing

DUCOMMUN INC /DE/ CIK: 30305 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-011997`
Period End Date	20220331
Filing Date	20220503
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	dco-20220402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 28 Cash Flow Statement 62 Stockholders Equity 22 Comprehensive Income 14

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$791.00K	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.10M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$171.71M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$168.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.26M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Accounts receivable, net (allowance for credit losses of $791 and $1,098 at April 2, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$72.26M	USD	Point-in-time
Accounts receivable, net (allowance for credit losses of $791 and $1,098 at April 2, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$82.80M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	11.93M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$187.17M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	12.03M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$176.41M	USD	Point-in-time
Inventories	`InventoryNet`	$159.79M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	12.03M	shares	Point-in-time
Inventories	`InventoryNet`	$150.94M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$8.02M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$7.86M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.78M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.62M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$492.57M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$465.68M	USD	Point-in-time
Property and Equipment, Net of Accumulated Depreciation of $171,713 and $168,132 at April 2, 2022 and December 31, 2021, respectively	`PropertyPlantAndEquipmentNet`	$102.42M	USD	Point-in-time
Property and Equipment, Net of Accumulated Depreciation of $171,713 and $168,132 at April 2, 2022 and December 31, 2021, respectively	`PropertyPlantAndEquipmentNet`	$103.90M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$33.27M	USD	Point-in-time
Operating Lease Right-of-Use Assets	`OperatingLeaseRightOfUseAsset`	$38.86M	USD	Point-in-time
Goodwill	`Goodwill`	$203.69M	USD	Point-in-time
Goodwill	`Goodwill`	$203.69M	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$141.76M	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$138.12M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$9.09M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$5.02M	USD	Point-in-time
Total Assets	`Assets`	$978.74M	USD	Point-in-time
Total Assets	`Assets`	$959.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$74.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.06M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$42.08M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$37.84M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$31.92M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$41.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.03M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.13M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$162.56M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$158.63M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$279.38M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$247.73M	USD	Point-in-time
Non-Current Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$28.07M	USD	Point-in-time
Non-Current Operating Lease Liabilities	`OperatingLeaseLiabilityNoncurrent`	$32.92M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.82M	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.73M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$15.39M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$13.53M	USD	Point-in-time
Total Liabilities	`Liabilities`	$504.13M	USD	Point-in-time
Total Liabilities	`Liabilities`	$471.62M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock - $0.01 par value; 35,000,000 shares authorized; 12,032,945 and 11,925,087 shares issued and outstanding at April 2, 2022 and December 31, 2021, respectively	`CommonStockValue`	$120.00K	USD	Point-in-time
Common Stock - $0.01 par value; 35,000,000 shares authorized; 12,032,945 and 11,925,087 shares issued and outstanding at April 2, 2022 and December 31, 2021, respectively	`CommonStockValue`	$119.00K	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$104.24M	USD	Point-in-time
Additional Paid-In Capital	`AdditionalPaidInCapitalCommonStock`	$104.25M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$385.36M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$377.26M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.02M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.03M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$335.57M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$474.60M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$329.33M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$487.71M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$978.74M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$959.33M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$163.48M	USD	1 Quarter
Net Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$157.15M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$131.01M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$124.05M	USD	1 Quarter
Gross Profit	`GrossProfit`	$33.10M	USD	1 Quarter
Gross Profit	`GrossProfit`	$32.48M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$22.49M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$23.35M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$9.12M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$10.61M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-2.81M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-2.40M	USD	1 Quarter
Other Income	`OtherIncome`	-	USD	1 Quarter
Other Income	`OtherIncome`	$3.00M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.72M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.80M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$1.62M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$1.11M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.10M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.33M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.92M	USD	1 Quarter
Non-cash operating lease cost	`RightOfUseAssetAmortization`	$736.00K	USD	1 Quarter
Non-cash operating lease cost	`RightOfUseAssetAmortization`	$1.84M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.13M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.59M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$93.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$606.00K	USD	1 Quarter
(Recovery of) provision for credit losses	`ProvisionForDoubtfulAccounts`	$18.00K	USD	1 Quarter
(Recovery of) provision for credit losses	`ProvisionForDoubtfulAccounts`	$-307.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-139.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-122.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.12M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.24M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$10.77M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$19.88M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$9.06M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$8.86M	USD	1 Quarter
Production cost of contracts	`IncreaseDecreaseinProductionCostofContract`	$488.00K	USD	1 Quarter
Production cost of contracts	`IncreaseDecreaseinProductionCostofContract`	$371.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$369.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-504.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.54M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.19M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.24M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.01M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-784.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.61M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-12.07M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.04M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.36M	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.85M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.54M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.83M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$51.00K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.54M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.77M	USD	1 Quarter
Borrowings from senior secured revolving credit facility	`ProceedsFromSecuredLinesOfCredit`	$20.00M	USD	1 Quarter
Borrowings from senior secured revolving credit facility	`ProceedsFromSecuredLinesOfCredit`	-	USD	1 Quarter
Repayments of senior secured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$25.00M	USD	1 Quarter
Repayments of senior secured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Repayments of term loans	`RepaymentsOfSecuredDebt`	$31.75M	USD	1 Quarter
Repayments of term loans	`RepaymentsOfSecuredDebt`	$2.68M	USD	1 Quarter
Repayments of other debt	`RepaymentsOfOtherDebt`	$83.00K	USD	1 Quarter
Repayments of other debt	`RepaymentsOfOtherDebt`	$84.00K	USD	1 Quarter
Net cash paid upon issuance of common stock under stock plans	`PaymentsFromIssuanceofStockUnderAwardPlansNet`	$1.60M	USD	1 Quarter
Net cash paid upon issuance of common stock under stock plans	`PaymentsFromIssuanceofStockUnderAwardPlansNet`	$3.84M	USD	1 Quarter
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.60M	USD	1 Quarter
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.43M	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.06M	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.49M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.47M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.97M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.26M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.32M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.47M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.97M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.26M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.32M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$335.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$474.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$329.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$487.71M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.10M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$245.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.01M	USD	1 Quarter
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.39M	USD	1 Quarter
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.56M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.45M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$610.00K	USD	1 Quarter
Stock awards vested	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Stock awards vested	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Stock repurchased related to the exercise of stock options and stock awards vested	`StockRepurchasedDuringPeriodValue`	$4.43M	USD	1 Quarter
Stock repurchased related to the exercise of stock options and stock awards vested	`StockRepurchasedDuringPeriodValue`	$6.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.59M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.13M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$335.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$474.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$329.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$487.71M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.10M	USD	1 Quarter
Amortization of actuarial (loss) gain, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$76.00K	USD	1 Quarter
Amortization of actuarial (loss) gain, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$36.00K	USD	1 Quarter
Unrealized gain (loss) on cash flow hedge, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.51M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedge, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Amortization of actuarial loss and prior service costs, net of tax of $36 and $76 for the three months ended April 2, 2022 and April 3, 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$245.00K	USD	1 Quarter
Amortization of actuarial loss and prior service costs, net of tax of $36 and $76 for the three months ended April 2, 2022 and April 3, 2021, respectively	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$110.00K	USD	1 Quarter
Change in unrealized gains on cash flow hedges, net of tax of $1,509 and zero for the three months ended April 2, 2022 and April 3, 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.90M	USD	1 Quarter
Change in unrealized gains on cash flow hedges, net of tax of $1,509 and zero for the three months ended April 2, 2022 and April 3, 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Other Comprehensive Income, Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$245.00K	USD	1 Quarter
Other Comprehensive Income, Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.01M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.11M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$6.94M	USD	1 Quarter

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