10-Q Filing

FORWARD AIR CORP CIK: 912728 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-017295`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	fwrd-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 39 Cash Flow Statement 58 Stockholders Equity 25

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.31M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.03M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.16M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.63M	USD	Point-in-time
Accounts receivable, less allowance of $3,314 in 2023 and $3,158 in 2022	`AccountsReceivableNetCurrent`	$221.03M	USD	Point-in-time
Accounts receivable, less allowance of $3,314 in 2023 and $3,158 in 2022	`AccountsReceivableNetCurrent`	$201.38M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$226.03M	USD	Point-in-time
Property and equipment, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$220.67M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$123.33M	USD	Point-in-time
Other acquired intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$127.79M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.38M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$37.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$304.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$257.79M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $226,026 in 2023 and $220,669 in 2022	`PropertyPlantAndEquipmentNet`	$252.93M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $226,026 in 2023 and $220,669 in 2022	`PropertyPlantAndEquipmentNet`	$249.08M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$141.87M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$150.28M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Goodwill	`Goodwill`	$306.18M	USD	Point-in-time
Goodwill	`Goodwill`	$356.63M	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Other acquired intangibles, net of accumulated amortization of $127,786 in 2023 and $123,325 in 2022	`IntangibleAssetsNetExcludingGoodwill`	$154.80M	USD	Point-in-time
Other acquired intangibles, net of accumulated amortization of $127,786 in 2023 and $123,325 in 2022	`IntangibleAssetsNetExcludingGoodwill`	$155.73M	USD	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$51.83M	USD	Point-in-time
Preferred stock, outstanding shares (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$53.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Total assets	`Assets`	$1.23B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	26.05M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	26.46M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.99M	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	26.05M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$54.29M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$52.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.96M	USD	Point-in-time
Current portion of debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$11.62M	USD	Point-in-time
Current portion of debt and finance lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$9.44M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$52.14M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$47.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$165.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.40M	USD	Point-in-time
Finance lease obligations, less current portion	`FinanceLeaseLiabilityNoncurrent`	$18.33M	USD	Point-in-time
Finance lease obligations, less current portion	`FinanceLeaseLiabilityNoncurrent`	$15.84M	USD	Point-in-time
Long-term debt, less current portion and debt issuance costs	`LongTermDebtNoncurrent`	$106.59M	USD	Point-in-time
Long-term debt, less current portion and debt issuance costs	`LongTermDebtNoncurrent`	$150.68M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$102.70M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$98.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$50.51M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$51.09M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$52.95M	USD	Point-in-time
Preferred stock, $0.01 par value: Authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value: Authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000; issued and outstanding shares - 26,052,877 in 2023 and 26,461,293 in 2022	`CommonStockValue`	$261.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 50,000,000; issued and outstanding shares - 26,052,877 in 2023 and 26,461,293 in 2022	`CommonStockValue`	$265.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$274.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$270.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$436.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$411.37M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$593.65M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$611.77M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$707.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$685.63M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.23B	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.96M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$427.07M	USD	1 Quarter
Purchased transportation	`OperatingCostsAndExpenses`	$224.83M	USD	1 Quarter
Purchased transportation	`OperatingCostsAndExpenses`	$185.22M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$79.52M	USD	1 Quarter
Salaries, wages and employee benefits	`LaborAndRelatedExpense`	$86.08M	USD	1 Quarter
Operating leases	`OperatingLeaseExpense`	$22.67M	USD	1 Quarter
Operating leases	`OperatingLeaseExpense`	$27.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.13M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$13.78M	USD	1 Quarter
Insurance and claims	`OperatingInsuranceAndClaimsCostsProduction`	$11.97M	USD	1 Quarter
Fuel expense	`FuelCosts`	$5.87M	USD	1 Quarter
Fuel expense	`FuelCosts`	$5.78M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$51.37M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$47.06M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$409.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$376.56M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$50.51M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$57.35M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$784.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.35M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.35M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-784.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.57M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.79M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.88M	USD	1 Quarter
Net income attributable to Forward Air	`NetIncomeLoss`	$42.69M	USD	1 Quarter
Net income attributable to Forward Air	`NetIncomeLoss`	$36.37M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.37	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.57	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income from operations	`IncomeLossFromContinuingOperations`	$42.69M	USD	1 Quarter
Net income from operations	`IncomeLossFromContinuingOperations`	$36.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.13M	USD	1 Quarter
Change in fair value of earn-out liability	`FairValueOptionChangesInFairValueGainLoss1`	-	USD	1 Quarter
Change in fair value of earn-out liability	`FairValueOptionChangesInFairValueGainLoss1`	$294.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.76M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.15M	USD	1 Quarter
Provision for revenue adjustments	`ProvisionForOtherLosses`	$2.16M	USD	1 Quarter
Provision for revenue adjustments	`ProvisionForOtherLosses`	$1.30M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.86M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.64M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$132.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-300.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$30.28M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-16.67M	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-3.61M	USD	1 Quarter
Other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	1 Quarter
Other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.42M	USD	1 Quarter
Other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.82M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.96M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.97M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.99M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.49M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.81M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$511.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.79M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.91M	USD	1 Quarter
Purchases of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of a business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$56.57M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-61.54M	USD	1 Quarter
Repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$1.07M	USD	1 Quarter
Repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.12M	USD	1 Quarter
Proceeds from credit facility	`ProceedsFromLongTermLinesOfCredit`	$45.00M	USD	1 Quarter
Proceeds from credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$375.00K	USD	1 Quarter
Payments on credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Proceeds from issuance of common stock upon stock option exercises	`ProceedsFromStockOptionsExercised`	$206.00K	USD	1 Quarter
Proceeds from issuance of common stock upon stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Payments of dividends to shareholders	`PaymentsOfDividends`	$6.34M	USD	1 Quarter
Payments of dividends to shareholders	`PaymentsOfDividends`	$6.50M	USD	1 Quarter
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.49M	USD	1 Quarter
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$17.78M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.25M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.29M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.77M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.25M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.31M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.79M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.03M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.03M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.63M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	26.05M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$593.65M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$611.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$707.24M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$685.63M	USD	Point-in-time
Net income	`NetIncomeLoss`	$42.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.37M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$206.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.76M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.15M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.50M	USD	1 Quarter
Payment of dividends to shareholders	`DividendsCommonStockCash`	$6.34M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.25M	USD	1 Quarter
Payment of minimum tax withholdings on share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.29M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$50.49M	USD	1 Quarter
Repurchases and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$17.78M	USD	1 Quarter
Issuance of share-based awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of share-based awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	26.46M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	26.05M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$593.65M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$611.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$707.24M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$685.63M	USD	Point-in-time

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