10-K Filing

BALCHEM CORP CIK: 9326 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001628280-24-005397`
Period End Date	20231231
Filing Date	20240216
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	bcpc-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 96 Cash Flow Statement 115 Stockholders Equity 38 Comprehensive Income 32

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.45M	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, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$908.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $908 and $1,226 at December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$131.58M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $908 and $1,226 at December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$125.28M	USD	Point-in-time
Inventories, net	`InventoryNet`	$119.67M	USD	Point-in-time
Inventories, net	`InventoryNet`	$109.52M	USD	Point-in-time
Prepaid expenses	`OtherPrepaidExpenseCurrent`	$7.80M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$5.99M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.19M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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 outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$314.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$335.80M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$271.36M	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$276.04M	USD	Point-in-time
Goodwill	`Goodwill`	$769.51M	USD	Point-in-time
Goodwill	`Goodwill`	$523.95M	USD	Point-in-time
Goodwill	`Goodwill`	$778.91M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$191.21M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.15M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	32.25M	shares	Point-in-time
Intangible assets with finite lives, net	`FiniteLivedIntangibleAssetsNet`	$213.29M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.25M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$17.76M	USD	Point-in-time
Right of use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$17.09M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.34M	USD	Point-in-time
Right of use assets - finance lease	`FinanceLeaseRightOfUseAsset`	$2.10M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$15.12M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$16.95M	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Total assets	`Assets`	$1.62B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$57.32M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$55.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.74M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$40.85M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$16.54M	USD	Point-in-time
Accrued compensation and other benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.23M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$25.72M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$20.89M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$23.13M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$2.28M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$4.97M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$3.80M	USD	Point-in-time
Operating lease liabilities - current	`OperatingLeaseLiabilityCurrent`	$3.95M	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$226.00K	USD	Point-in-time
Finance lease liabilities - current	`FinanceLeaseLiabilityCurrent`	$272.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$140.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$148.49M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$440.57M	USD	Point-in-time
Revolving loan	`LongTermLineOfCredit`	$309.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$52.05M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.78M	USD	Point-in-time
Operating lease liabilities - non-current	`OperatingLeaseLiabilityNoncurrent`	$14.60M	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`	$1.94M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$26.81M	USD	Point-in-time
Other long-term obligations	`OtherLongTermDebtNoncurrent`	$16.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$543.23M	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, $.0667 par value. Authorized 120,000,000 shares; 32,254,728 shares issued and outstanding at December 31, 2023 and 32,152,787 shares issued and outstanding at December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $.0667 par value. Authorized 120,000,000 shares; 32,254,728 shares issued and outstanding at December 31, 2023 and 32,152,787 shares issued and outstanding at December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$145.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$897.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$814.49M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.69M	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`	$828.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$938.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.62B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$236.69M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$244.27M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$942.36M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$231.25M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$232.54M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$799.02M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$922.44M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.87M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$232.53M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$229.95M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$228.70M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$555.85M	USD	Annual
Cost of sales	`CostOfRevenue`	$661.91M	USD	Annual
Cost of sales	`CostOfRevenue`	$620.38M	USD	Annual
Gross margin	`GrossProfit`	$68.43M	USD	1 Quarter
Gross margin	`GrossProfit`	$280.45M	USD	Annual
Gross margin	`GrossProfit`	$302.06M	USD	Annual
Gross margin	`GrossProfit`	$243.17M	USD	Annual
Gross margin	`GrossProfit`	$68.64M	USD	1 Quarter
Gross margin	`GrossProfit`	$71.51M	USD	1 Quarter
Gross margin	`GrossProfit`	$74.99M	USD	1 Quarter
Gross margin	`GrossProfit`	$76.54M	USD	1 Quarter
Gross margin	`GrossProfit`	$71.88M	USD	1 Quarter
Gross margin	`GrossProfit`	$77.35M	USD	1 Quarter
Gross margin	`GrossProfit`	$73.17M	USD	1 Quarter
Selling expenses	`SellingExpense`	$74.40M	USD	Annual
Selling expenses	`SellingExpense`	$60.41M	USD	Annual
Selling expenses	`SellingExpense`	$67.41M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$13.52M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$15.05M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$12.19M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$41.73M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$55.66M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$53.42M	USD	Annual
Total operating expenses	`OperatingExpenses`	$142.86M	USD	Annual
Total operating expenses	`OperatingExpenses`	$115.67M	USD	Annual
Total operating expenses	`OperatingExpenses`	$135.26M	USD	Annual
Earnings from operations	`OperatingIncomeLoss`	$159.19M	USD	Annual
Earnings from operations	`OperatingIncomeLoss`	$127.50M	USD	Annual
Earnings from operations	`OperatingIncomeLoss`	$145.19M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-2.46M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-10.27M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-22.61M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.17M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$681.00K	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$187.00K	USD	Annual
Total other expenses	`NonoperatingIncomeExpense`	$-2.27M	USD	Annual
Total other expenses	`NonoperatingIncomeExpense`	$-11.44M	USD	Annual
Total other expenses	`NonoperatingIncomeExpense`	$-21.93M	USD	Annual
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.09M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.63M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.78M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.12M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$125.23M	USD	Annual
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$36.48M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$38.40M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$133.75M	USD	Annual
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.26M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.27M	USD	1 Quarter
Earnings before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$137.26M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$29.13M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$28.72M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$28.38M	USD	Annual
Net earnings	`NetIncomeLoss`	$29.07M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$108.54M	USD	Annual
Net earnings	`NetIncomeLoss`	$25.25M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$26.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$105.37M	USD	Annual
Net earnings	`NetIncomeLoss`	$96.10M	USD	Annual
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$3.38	USD	Annual
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$3.29	USD	Annual
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$2.98	USD	Annual
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic net earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$3.25	USD	Annual
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.89	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$2.94	USD	Annual
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$3.35	USD	Annual
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted net earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter

Cash Flow Statement 115 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$29.07M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$108.54M	USD	Annual
Net earnings	`NetIncomeLoss`	$25.25M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$26.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$105.37M	USD	Annual
Net earnings	`NetIncomeLoss`	$96.10M	USD	Annual
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$48.88M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$51.85M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.94M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$10.80M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$16.05M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$13.22M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-8.36M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.94M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-10.81M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$180.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$401.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$37.00K	USD	Annual
Unrealized (gain) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$-733.00K	USD	Annual
Unrealized (gain) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$914.00K	USD	Annual
Unrealized (gain) loss on foreign currency transactions and deferred compensation	`UnrealizedGainLossOnForeignCurrencyTransactionsAndDeferredCompensation`	$-384.00K	USD	Annual
Asset impairment charge and (gain) loss on disposal of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-366.00K	USD	Annual
Asset impairment charge and (gain) loss on disposal of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$53.00K	USD	Annual
Asset impairment charge and (gain) loss on disposal of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-7.03M	USD	Annual
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-11.30M	USD	Annual
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Change in fair value of contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.97M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$7.80M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$21.02M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-10.53M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.87M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$881.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.54M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$47.07M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.55M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.54M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$296.00K	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.19M	USD	Annual
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$4.79M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.68M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$305.00K	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$-423.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$183.76M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.54M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$160.51M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$365.78M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.25M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$49.95M	USD	Annual
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$37.36M	USD	Annual
Capital expenditures and intangible assets acquired	`PaymentsToAcquireOtherProductiveAssets`	$37.89M	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.88M	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$318.00K	USD	Annual
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$206.00K	USD	Annual
Proceeds from settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	-	USD	Annual
Proceeds from settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	$-2.74M	USD	Annual
Proceeds from settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	-	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$1.83M	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Investment in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$290.00K	USD	Annual
Investment in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$495.00K	USD	Annual
Investment in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$86.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.81M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-416.01M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.30M	USD	Annual
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$5.00M	USD	Annual
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$18.00M	USD	Annual
Proceeds from revolving loan	`ProceedsFromLinesOfCredit`	$435.00M	USD	Annual
Principal payments on revolving debt	`RepaymentsOfLongTermLinesOfCredit`	$103.00M	USD	Annual
Principal payments on revolving debt	`RepaymentsOfLongTermLinesOfCredit`	$60.00M	USD	Annual
Principal payments on revolving debt	`RepaymentsOfLongTermLinesOfCredit`	$149.00M	USD	Annual
Principal payment on acquired debt	`RepaymentsOfAssumedDebt`	-	USD	Annual
Principal payment on acquired debt	`RepaymentsOfAssumedDebt`	-	USD	Annual
Principal payment on acquired debt	`RepaymentsOfAssumedDebt`	$30.99M	USD	Annual
Cash paid for financing costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Cash paid for financing costs	`PaymentsOfFinancingCosts`	$1.23M	USD	Annual
Cash paid for financing costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$222.00K	USD	Annual
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$159.00K	USD	Annual
Principal payments on finance lease	`FinanceLeasePrincipalPayments`	$177.00K	USD	Annual
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$3.21M	USD	Annual
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$5.24M	USD	Annual
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$6.94M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$18.72M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$20.71M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$22.87M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.47M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.24M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.42M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$246.68M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-153.32M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.18M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.88M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.26M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.37M	USD	Annual
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.11M	USD	Annual
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.67M	USD	Annual
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.68M	USD	Annual
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$103.24M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.45M	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`	$84.57M	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`	$64.45M	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`	$84.57M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`DividendsPayableAmountPerShare`	$0.79	USD	Point-in-time
Dividends (in dollars per share)	`DividendsPayableAmountPerShare`	$0.64	USD	Point-in-time
Dividends (in dollars per share)	`DividendsPayableAmountPerShare`	$0.71	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.25M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time
Net earnings	`NetIncomeLoss`	$29.07M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$108.54M	USD	Annual
Net earnings	`NetIncomeLoss`	$25.25M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$26.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$105.37M	USD	Annual
Net earnings	`NetIncomeLoss`	$96.10M	USD	Annual
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.17M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.85M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.16M	USD	Annual
Dividends	`DividendsCommonStock`	$25.54M	USD	Annual
Dividends	`DividendsCommonStock`	$20.71M	USD	Annual
Dividends	`DividendsCommonStock`	$23.02M	USD	Annual
Repurchases of common stock	`TreasuryStockRetiredParValueMethodAmount`	$4.51M	USD	Annual
Repurchases of common stock	`TreasuryStockRetiredParValueMethodAmount`	$35.42M	USD	Annual
Repurchases of common stock	`TreasuryStockRetiredParValueMethodAmount`	$35.24M	USD	Annual
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.37M	USD	Annual
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.79M	USD	Annual
Shares and options issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.50M	USD	Annual
Ending balance	`StockholdersEquity`	$877.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$828.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$938.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.25M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.15M	shares	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$29.07M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$108.54M	USD	Annual
Net earnings	`NetIncomeLoss`	$25.25M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$28.93M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$22.71M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.41M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$26.65M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$105.37M	USD	Annual
Net earnings	`NetIncomeLoss`	$96.10M	USD	Annual
Net earnings	`NetIncomeLoss`	$29.78M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$30.11M	USD	1 Quarter
Unrealized gain/(loss) on cash flow hedge taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$868.00K	USD	Annual
Unrealized gain/(loss) on cash flow hedge taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-341.00K	USD	Annual
Unrealized gain/(loss) on cash flow hedge taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$654.00K	USD	Annual
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$16.81M	USD	Annual
Net change in postretirement benefit plan taxes	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-24.00K	USD	Annual
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.80M	USD	Annual
Net change in postretirement benefit plan taxes	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-39.00K	USD	Annual
Net change in postretirement benefit plan taxes	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$-13.00K	USD	Annual
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.26M	USD	Annual
Unrealized (loss) gain on cash flow hedge, net of taxes of $341, $868, and $654 at December 31, 2023, 2022, and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.70M	USD	Annual
Unrealized (loss) gain on cash flow hedge, net of taxes of $341, $868, and $654 at December 31, 2023, 2022, and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.06M	USD	Annual
Unrealized (loss) gain on cash flow hedge, net of taxes of $341, $868, and $654 at December 31, 2023, 2022, and 2021, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.05M	USD	Annual
Net change in postretirement benefit plan, net of taxes of $39, $24, and $13 at December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-58.00K	USD	Annual
Net change in postretirement benefit plan, net of taxes of $39, $24, and $13 at December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$101.00K	USD	Annual
Net change in postretirement benefit plan, net of taxes of $39, $24, and $13 at December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$36.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.17M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.85M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.16M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.39M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$86.94M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$103.21M	USD	Annual

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