10-Q Filing

BALCHEM CORP CIK: 9326 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-014088`
Period End Date	20230331
Filing Date	20230428
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	bcpc-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 32 Cash Flow Statement 64 Stockholders Equity 17 Comprehensive Income 12

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.56M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.23M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,260 and $1,226 at March 31, 2023 and December 31, 2022 respectively	`AccountsReceivableNetCurrent`	$131.37M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,260 and $1,226 at March 31, 2023 and December 31, 2022 respectively	`AccountsReceivableNetCurrent`	$131.58M	USD	Point-in-time
Inventories, net	`InventoryNet`	$124.77M	USD	Point-in-time
Inventories, net	`InventoryNet`	$119.67M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$7.42M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$4.90M	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
Derivative assets	`DerivativeAssetsCurrent`	$5.99M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$3.96M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.88M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.10M	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`	$335.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$335.60M	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$271.36M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$276.10M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Goodwill	`Goodwill`	$774.36M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Goodwill	`Goodwill`	$769.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.15M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$213.29M	USD	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$209.47M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.23M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$17.09M	USD	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$15.23M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.23M	shares	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.34M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.28M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.12M	USD	Point-in-time
Total assets	`Assets`	$1.62B	USD	Point-in-time
Total assets	`Assets`	$1.63B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$53.42M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$57.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$42.75M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$9.22M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$16.54M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$23.13M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$189.00K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$2.28M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$7.88M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$3.80M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$2.83M	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$226.00K	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$229.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$140.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.52M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$440.57M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$431.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.78M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.92M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$13.81M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$13.09M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.21M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.16M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$29.09M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$26.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$655.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$686.23M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`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; 32,225,627 and 32,152,787 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,225,627 and 32,152,787 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$132.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$814.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$837.20M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.86M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$877.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$938.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$973.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$873.68M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.62B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.63B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$232.54M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.87M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$157.36M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$159.37M	USD	1 Quarter
Gross margin	`GrossProfit`	$73.17M	USD	1 Quarter
Gross margin	`GrossProfit`	$71.51M	USD	1 Quarter
Selling expenses	`SellingExpense`	$18.18M	USD	1 Quarter
Selling expenses	`SellingExpense`	$16.98M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.23M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.45M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.95M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$38.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$33.17M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$34.41M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$38.34M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-545.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-5.57M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$276.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-161.00K	USD	1 Quarter
Total other (income) expenses	`NonoperatingIncomeExpense`	$-706.00K	USD	1 Quarter
Total other (income) expenses	`NonoperatingIncomeExpense`	$-5.29M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.12M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.41M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.70M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	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`	$0.71	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.89	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.65M	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`	$4.77M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-203.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$31.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$328.00K	USD	1 Quarter
Unrealized (gains) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$-37.00K	USD	1 Quarter
Unrealized (gains) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$349.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$968.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$29.00K	USD	1 Quarter
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.60M	USD	1 Quarter
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.41M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-403.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$17.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.14M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-487.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.75M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.71M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.11M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.54M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$8.52M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-548.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$662.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.02M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.84M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$341.00K	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$10.26M	USD	1 Quarter
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$9.72M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromInsuranceAndSaleOfAssets`	-	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromInsuranceAndSaleOfAssets`	$184.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.07M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.06M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$20.00M	USD	1 Quarter
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$13.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$22.00M	USD	1 Quarter
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$55.00K	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$41.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$498.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$2.45M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$20.70M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$22.87M	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.85M	USD	1 Quarter
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$34.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.32M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-34.84M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.18M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-877.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.36M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-38.77M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.24M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.20M	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`	$66.56M	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`	$60.20M	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`	$66.56M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$973.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$873.68M	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.01M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$34.60M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$3.85M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$10.00K	USD	1 Quarter
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.26M	USD	1 Quarter
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.64M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$973.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$873.68M	USD	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`	$22.71M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.84M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.42M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.57M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-511.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-27.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$100.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.01M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$27.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$31.72M	USD	1 Quarter

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