10-Q Filing

IRIDIUM COMMUNICATIONS INC. CIK: 1418819 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-012131`
Period End Date	20230331
Filing Date	20230420
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	irdm-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 40 Cash Flow Statement 70 Stockholders Equity 24

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.77M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	125.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.59M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	125.92M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	125.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	125.92M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$100.64M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$82.27M	USD	Point-in-time
Inventory	`InventoryNet`	$39.78M	USD	Point-in-time
Inventory	`InventoryNet`	$37.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.38M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$306.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$278.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.43B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.38B	USD	Point-in-time
Equity Method Investments	`EquityMethodInvestments`	$72.02M	USD	Point-in-time
Equity Method Investments	`EquityMethodInvestments`	$49.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$95.15M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$122.07M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$42.58M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$42.19M	USD	Point-in-time
Total assets	`Assets`	$2.87B	USD	Point-in-time
Total assets	`Assets`	$2.95B	USD	Point-in-time
Short-term secured debt	`LinesOfCreditCurrent`	$16.50M	USD	Point-in-time
Short-term secured debt	`LinesOfCreditCurrent`	$16.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.37M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.67M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$67.96M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$43.40M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$32.74M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$35.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.32M	USD	Point-in-time
Long-term secured debt, net	`LongTermLineOfCredit`	$1.47B	USD	Point-in-time
Long-term secured debt, net	`LongTermLineOfCredit`	$1.47B	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$151.57M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$142.70M	USD	Point-in-time
Deferred revenue, net of current portion	`DeferredRevenueNoncurrent`	$45.27M	USD	Point-in-time
Deferred revenue, net of current portion	`DeferredRevenueNoncurrent`	$44.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.83B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 300,000 shares authorized, 125,924 and 125,902 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Common stock, $0.001 par value, 300,000 shares authorized, 125,924 and 125,902 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-83.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.74M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$42.00M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$51.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.95B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.87B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$205.27M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$168.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.88M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.62M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$38.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.82M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$148.99M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$182.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.23M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.15M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-14.58M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-17.89M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-8.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$219.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-17.67M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-14.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.65M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.48M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-5.45M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.82M	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	$-1.16M	USD	1 Quarter
Income (Loss) from Equity Method Investments	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.78M	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	127.06M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.30M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.84M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.74M	shares	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.78M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$91.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.27M	USD	1 Quarter
Unrealized Gain on Cash Flow Hedging, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$27.99M	USD	1 Quarter
Unrealized Gain on Cash Flow Hedging, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-9.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$32.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$210.00K	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.78M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.16M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.94M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.82M	USD	1 Quarter
Stock-based compensation (net of amounts capitalized)	`ShareBasedCompensation`	$8.24M	USD	1 Quarter
Stock-based compensation (net of amounts capitalized)	`ShareBasedCompensation`	$12.77M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.15M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$1.04M	USD	1 Quarter
All other items, net	`OtherOperatingActivitiesCashFlowStatement`	$172.00K	USD	1 Quarter
All other items, net	`OtherOperatingActivitiesCashFlowStatement`	$1.27M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.36M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.54M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-2.63M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-891.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.21M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.24M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.05M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.17M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.90M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.63M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-8.53M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.99M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$644.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-974.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-942.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.77M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.94M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.57M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.91M	USD	1 Quarter
Payments to Acquire Equity Method Investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Payments to Acquire Equity Method Investments	`PaymentsToAcquireEquityMethodInvestments`	$10.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.91M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.57M	USD	1 Quarter
Payments on the Term Loan	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-4.12M	USD	1 Quarter
Payments on the Term Loan	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-4.12M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$53.12M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$134.17M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.74M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$523.00K	USD	1 Quarter
Tax payment upon settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.56M	USD	1 Quarter
Tax payment upon settlement of stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.03M	USD	1 Quarter
Payments of Ordinary Dividends, Common Stock	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Payments of Ordinary Dividends, Common Stock	`PaymentsOfDividendsCommonStock`	$-16.43M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.96M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-141.33M	USD	1 Quarter
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-254.00K	USD	1 Quarter
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.00K	USD	1 Quarter
Net decrease in cash and cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-42.18M	USD	1 Quarter
Net decrease in cash and cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-88.90M	USD	1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$320.91M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.77M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$320.91M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.77M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.59M	USD	Point-in-time
Interest paid, net of amounts capitalized	`InterestPaidNet`	$18.77M	USD	1 Quarter
Interest paid, net of amounts capitalized	`InterestPaidNet`	$13.56M	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$482.00K	USD	1 Quarter
Income taxes paid, net	`IncomeTaxesPaidNet`	$903.00K	USD	1 Quarter
Property and equipment received but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$2.52M	USD	1 Quarter
Property and equipment received but not paid	`CapitalExpendituresIncurredButNotYetPaid`	$6.40M	USD	1 Quarter
Capitalized amortization of deferred financing costs	`CapitalizedAmortizationOfDeferredFinancingCosts`	$29.00K	USD	1 Quarter
Capitalized amortization of deferred financing costs	`CapitalizedAmortizationOfDeferredFinancingCosts`	$66.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$699.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.68M	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.94M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.45M	USD	1 Quarter
Stock options exercised and awards vested	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.74M	USD	1 Quarter
Stock options exercised and awards vested	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$523.00K	USD	1 Quarter
Stock withheld to cover employee taxes	`AdjustmentsToAdditionalPaidInCapitalStockWithheldToCoverEmployeeTaxes`	$7.03M	USD	1 Quarter
Stock withheld to cover employee taxes	`AdjustmentsToAdditionalPaidInCapitalStockWithheldToCoverEmployeeTaxes`	$3.56M	USD	1 Quarter
Repurchases and retirements of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$53.12M	USD	1 Quarter
Repurchases and retirements of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$134.17M	USD	1 Quarter
Dividends	`Dividends`	$213.00K	USD	1 Quarter
Dividends	`Dividends`	-	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$91.00K	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.27M	USD	1 Quarter
Unrealized Gain on Cash Flow Hedging, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$27.99M	USD	1 Quarter
Unrealized Gain on Cash Flow Hedging, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-9.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.78M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.29B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.09B	USD	Point-in-time

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