10-Q Filing

BALCHEM CORP CIK: 9326 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-026088`
Period End Date	20230630
Filing Date	20230728
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	bcpc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 66 Cash Flow Statement 78 Stockholders Equity 37 Comprehensive Income 28

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.86M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.35M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.56M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,354 and $1,226 at June 30, 2023 and December 31, 2022 respectively	`AccountsReceivableNetCurrent`	$125.11M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,354 and $1,226 at June 30, 2023 and December 31, 2022 respectively	`AccountsReceivableNetCurrent`	$131.58M	USD	Point-in-time
Inventories, net	`InventoryNet`	$119.67M	USD	Point-in-time
Inventories, net	`InventoryNet`	$124.95M	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
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$4.90M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$8.83M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$3.55M	USD	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$5.99M	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
Derivative assets	`DerivativeAssetsCurrent`	-	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
Other current assets	`OtherAssetsCurrent`	$7.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$336.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$335.80M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.07	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$271.36M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$271.47M	USD	Point-in-time
Goodwill	`Goodwill`	$773.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.24M	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
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.24M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$213.29M	USD	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$202.98M	USD	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$17.09M	USD	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$16.12M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.34M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.99M	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`	$1.62B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$56.32M	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`	$41.16M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$12.63M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$16.54M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$186.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$23.13M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$2.28M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$3.86M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$3.80M	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$232.00K	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$226.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$140.04M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$405.57M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$440.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.78M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$61.85M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$13.09M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$13.81M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.21M	USD	Point-in-time
Finance lease liabilities - non-current	`FinanceLeaseLiabilityNoncurrent`	$2.10M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$26.81M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$15.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$612.33M	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; 32,239,202 and 32,152,787 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $0.0667 par value. Authorized 120,000,000 shares; 32,239,202 and 32,152,787 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$137.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$814.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$867.31M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$191.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$973.42M	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`	$1.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$901.37M	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`	$1.62B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$463.79M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$236.69M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$231.25M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$465.56M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$322.18M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$313.27M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$153.90M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$164.82M	USD	1 Quarter
Gross margin	`GrossProfit`	$77.35M	USD	1 Quarter
Gross margin	`GrossProfit`	$143.38M	USD	2 Qtrs
Gross margin	`GrossProfit`	$150.52M	USD	2 Qtrs
Gross margin	`GrossProfit`	$71.88M	USD	1 Quarter
Selling expenses	`SellingExpense`	$18.68M	USD	1 Quarter
Selling expenses	`SellingExpense`	$15.99M	USD	1 Quarter
Selling expenses	`SellingExpense`	$36.87M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$32.98M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$6.15M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.79M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$7.25M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.92M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.16M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$26.00M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.03M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.04M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$34.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$31.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$73.28M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$65.13M	USD	2 Qtrs
Earnings from operations	`OperatingIncomeLoss`	$77.24M	USD	2 Qtrs
Earnings from operations	`OperatingIncomeLoss`	$39.92M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$42.84M	USD	1 Quarter
Earnings from operations	`OperatingIncomeLoss`	$78.26M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-960.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-5.16M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.50M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-10.73M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$298.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$727.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$137.00K	USD	2 Qtrs
Total other (income) expenses	`NonoperatingIncomeExpense`	$-662.00K	USD	1 Quarter
Total other (income) expenses	`NonoperatingIncomeExpense`	$-9.72M	USD	2 Qtrs
Total other (income) expenses	`NonoperatingIncomeExpense`	$-1.37M	USD	2 Qtrs
Total other (income) expenses	`NonoperatingIncomeExpense`	$-4.44M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$76.89M	USD	2 Qtrs
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.26M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$67.52M	USD	2 Qtrs
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$38.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.29M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.70M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.18M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$58.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$52.82M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$1.83	USD	2 Qtrs
Net earnings per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$1.65	USD	2 Qtrs
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.63	USD	2 Qtrs
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Net earnings per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.81	USD	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$58.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$52.82M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.07M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.93M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$8.52M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$6.89M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-573.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.78M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$380.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$133.00K	USD	2 Qtrs
Unrealized (gain) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$-188.00K	USD	2 Qtrs
Unrealized (gain) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$1.01M	USD	2 Qtrs
Asset impairment and loss on disposal of assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.20M	USD	2 Qtrs
Asset impairment and loss on disposal of assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$226.00K	USD	2 Qtrs
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-6.40M	USD	2 Qtrs
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.51M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.62M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.33M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.14M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.73M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.39M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.45M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$15.07M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-779.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.29M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-92.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-689.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$69.83M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.26M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$341.00K	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$295.66M	USD	2 Qtrs
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$17.95M	USD	2 Qtrs
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$20.80M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromInsuranceAndSaleOfAssets`	$197.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromInsuranceAndSaleOfAssets`	$1.88M	USD	2 Qtrs
Proceeds from settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	-	USD	2 Qtrs
Proceeds from settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	$-2.74M	USD	2 Qtrs
Investment in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$150.00K	USD	2 Qtrs
Investment in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.67M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-316.41M	USD	2 Qtrs
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$13.00M	USD	2 Qtrs
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$365.00M	USD	2 Qtrs
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$48.00M	USD	2 Qtrs
Principal payments on revolving loan	`RepaymentsOfLongTermLinesOfCredit`	$40.00M	USD	2 Qtrs
Principal payments on acquired debt	`RepaymentsOfAssumedDebt`	$30.65M	USD	2 Qtrs
Principal payments on acquired debt	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$83.00K	USD	2 Qtrs
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$55.00K	USD	1 Quarter
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$110.00K	USD	2 Qtrs
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$42.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$1.33M	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$3.83M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$20.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$22.87M	USD	2 Qtrs
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.20M	USD	2 Qtrs
Purchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.92M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-58.08M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$239.69M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.60M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.22M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$296.00K	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.06M	USD	2 Qtrs
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.86M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.56M	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`	$76.18M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.86M	USD	Point-in-time
Cash and cash equivalents end 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`	$76.18M	USD	Point-in-time

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$973.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$901.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$873.68M	USD	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	32.24M	shares	Point-in-time
Net earnings	`NetIncomeLoss`	$58.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$52.82M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.67M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.13M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.34M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.43M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.01M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$75.00K	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$34.60M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$3.85M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredParValueMethod`	$600.00K	USD	1 Quarter
Dividends	`DividendsCommonStock`	$10.00K	USD	1 Quarter
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.64M	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
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.12M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$973.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$901.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$873.68M	USD	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	32.24M	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$58.71M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$52.82M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.79M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$8.31M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.12M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.95M	USD	1 Quarter
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.42M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.06M	USD	2 Qtrs
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-554.00K	USD	1 Quarter
Unrealized (loss) gain on cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$850.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$102.00K	USD	2 Qtrs
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-61.00K	USD	2 Qtrs
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Change in postretirement benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-34.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.67M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.13M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.34M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.43M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.01M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$51.28M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.65M	USD	1 Quarter

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