10-Q Filing

NVENT ELECTRIC PLC CIK: 1720635 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001720635-19-000029`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	nvent-2019063010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 84 Cash Flow Statement 70 Stockholders Equity 44

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts and notes receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.90M	USD	Point-in-time
Accounts and notes receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.10M	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.00M	USD	Point-in-time
Ordinary shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Accounts and notes receivable, net of allowances of $5.9 and $6.1, respectively	`AccountsAndNotesReceivableNet`	$349.60M	USD	Point-in-time
Accounts and notes receivable, net of allowances of $5.9 and $6.1, respectively	`AccountsAndNotesReceivableNet`	$353.10M	USD	Point-in-time
Ordinary shares issued (in shares)	`CommonStockSharesIssued`	177.20M	shares	Point-in-time
Accounts and notes receivable, net of allowances of $5.9 and $6.1, respectively	`AccountsAndNotesReceivableNet`	$340.90M	USD	Point-in-time
Ordinary shares issued (in shares)	`CommonStockSharesIssued`	169.10M	shares	Point-in-time
Inventories	`InventoryNet`	$248.30M	USD	Point-in-time
Inventories	`InventoryNet`	$222.30M	USD	Point-in-time
Inventories	`InventoryNet`	$228.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$134.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$118.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$125.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$748.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$846.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$264.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$264.50M	USD	Point-in-time
Goodwill	`Goodwill`	$2.23B	USD	Point-in-time
Goodwill	`Goodwill`	$2.24B	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.14B	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.17B	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$77.30M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$72.30M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$33.80M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$3.45B	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$3.44B	USD	Point-in-time
Total assets	`Assets`	$4.55B	USD	Point-in-time
Total assets	`Assets`	$4.46B	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$186.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$139.30M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$75.80M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$64.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$187.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$145.10M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$181.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$400.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$461.70M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.04B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$929.20M	USD	Point-in-time
Pension and other post-retirement compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$177.90M	USD	Point-in-time
Pension and other post-retirement compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$178.70M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$223.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$224.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$279.80M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$84.20M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$72.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.93B	USD	Point-in-time
Ordinary shares $0.01 par value, 400.0 authorized, 169.1 and 177.2 issued at June 30, 2019 and December 31, 2018, respectively	`CommonStockValueOutstanding`	$1.80M	USD	Point-in-time
Ordinary shares $0.01 par value, 400.0 authorized, 169.1 and 177.2 issued at June 30, 2019 and December 31, 2018, respectively	`CommonStockValueOutstanding`	$1.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.49B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.71B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$140.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$83.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-107.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.55B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.46B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$542.70M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$539.50M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$327.30M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$653.30M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$655.40M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$323.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$422.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$428.30M	USD	2 Qtrs
Gross profit	`GrossProfit`	$219.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$212.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$275.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$233.20M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$143.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$113.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$24.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$22.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$11.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$12.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$87.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$130.90M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$164.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$65.30M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-9.30M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-11.90M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-22.40M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-9.90M	USD	2 Qtrs
Other expense	`OtherNonoperatingExpense`	$6.30M	USD	2 Qtrs
Other expense	`OtherNonoperatingExpense`	$1.90M	USD	2 Qtrs
Other expense	`OtherNonoperatingExpense`	$1.00M	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$5.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$74.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.20M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.70M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.20M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$43.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.90M	USD	1 Quarter
Net income	`ProfitLoss`	$52.30M	USD	1 Quarter
Net income	`ProfitLoss`	$117.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$43.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.90M	USD	1 Quarter
Net income	`ProfitLoss`	$52.30M	USD	1 Quarter
Net income	`ProfitLoss`	$117.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.60M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.20M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.20M	USD	1 Quarter
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.80M	USD	1 Quarter
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-37.50M	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$6.50M	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-1.70M	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Changes in market value of derivative financial instruments, net of tax	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$12.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$130.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.80M	USD	1 Quarter
Basic pro forma earnings per ordinary share (in dollars per share)	`BasicEarningsPerShareProForma`	$0.36	USD	1 Quarter
Basic pro forma earnings per ordinary share (in dollars per share)	`BasicEarningsPerShareProForma`	$0.67	USD	2 Qtrs
Basic pro forma earnings per ordinary share (in dollars per share)	`BasicEarningsPerShareProForma`	$0.24	USD	1 Quarter
Basic pro forma earnings per ordinary share (in dollars per share)	`BasicEarningsPerShareProForma`	$0.53	USD	2 Qtrs
Diluted pro forma earnings per ordinary share (in dollars per share)	`DilutedEarningsPerShareProForma`	$0.53	USD	2 Qtrs
Diluted pro forma earnings per ordinary share (in dollars per share)	`DilutedEarningsPerShareProForma`	$0.35	USD	1 Quarter
Diluted pro forma earnings per ordinary share (in dollars per share)	`DilutedEarningsPerShareProForma`	$0.24	USD	1 Quarter
Diluted pro forma earnings per ordinary share (in dollars per share)	`DilutedEarningsPerShareProForma`	$0.67	USD	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.50M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.50M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.70M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.00M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	181.00M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.00M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.60M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	180.80M	shares	1 Quarter
Cash dividends paid per ordinary share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.35	USD	2 Qtrs
Cash dividends paid per ordinary share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	2 Qtrs
Cash dividends paid per ordinary share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	1 Quarter
Cash dividends paid per ordinary share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$43.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.90M	USD	1 Quarter
Net income	`ProfitLoss`	$52.30M	USD	1 Quarter
Net income	`ProfitLoss`	$117.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$18.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$17.20M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$15.20M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$30.20M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$15.10M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$30.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-18.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.20M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.40M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.40M	USD	2 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$7.60M	USD	2 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$22.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$19.70M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.50M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$6.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-44.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.40M	USD	2 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-5.70M	USD	2 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-11.90M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$24.10M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-21.50M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$13.00M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$900.00K	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$81.60M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$57.80M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.60M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.30M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.10M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.50M	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.40M	USD	2 Qtrs
Net receipts of revolving long-term debt	`NetReceiptsOfRevolvingLongTermDebt`	$119.00M	USD	2 Qtrs
Net receipts of revolving long-term debt	`NetReceiptsOfRevolvingLongTermDebt`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.00B	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$5.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.90M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Cash provided at separation to former Parent	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Cash provided at separation to former Parent	`CashDivestedFromDeconsolidation`	$993.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$61.50M	USD	2 Qtrs
Shares issued to employees, net of shares withheld	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.20M	USD	2 Qtrs
Shares issued to employees, net of shares withheld	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.00M	USD	2 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$235.70M	USD	2 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-178.00M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-9.10M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-133.70M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$64.60M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$91.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$26.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$159.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$91.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$26.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$159.00M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$43.30M	USD	1 Quarter
Net income	`ProfitLoss`	$60.90M	USD	1 Quarter
Net income	`ProfitLoss`	$52.30M	USD	1 Quarter
Net income	`ProfitLoss`	$117.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$95.60M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.90M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.20M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.60M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-40.80M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$29.60M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$30.60M	USD	1 Quarter
Share repurchases (in shares)	`StockRepurchasedDuringPeriodShares`	5.90M	shares	1 Quarter
Share repurchases (in shares)	`StockRepurchasedDuringPeriodShares`	9.00M	shares	2 Qtrs
Share repurchases	`StockRepurchasedDuringPeriodValue`	$232.70M	USD	2 Qtrs
Share repurchases	`StockRepurchasedDuringPeriodValue`	$152.80M	USD	1 Quarter
Share repurchases	`StockRepurchasedDuringPeriodValue`	$79.90M	USD	1 Quarter
Exercise of options, net of shares tendered for payment	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.50M	USD	1 Quarter
Exercise of options, net of shares tendered for payment	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.60M	USD	1 Quarter
Exercise of options, net of shares tendered for payment	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.80M	USD	1 Quarter
Issuance of restricted shares, net of cancellations	`StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures`	0.00	shares	1 Quarter
Shares surrendered by employees to pay taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$600.00K	USD	1 Quarter
Shares surrendered by employees to pay taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$500.00K	USD	1 Quarter
Shares surrendered by employees to pay taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.60M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.30M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.50M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.10M	USD	1 Quarter
Net transfers to former Parent	`StockholdersEquityNoteSpinoffTransactionNetTransfersFromParent`	$38.00M	USD	1 Quarter
Net transfers to former Parent	`StockholdersEquityNoteSpinoffTransactionNetTransfersFromParent`	$-32.30M	USD	1 Quarter
Cash provided at separation to former Parent	`StockholdersEquityNoteSpinoffTransactionCashProvidedAtSeparationToParentCompany`	$993.60M	USD	1 Quarter
Reclassification of Net Parent investment to additional paid-in capital	`AdjustmentstoAdditionalPaidinCapitalSpinoffTransaction`	-	USD	1 Quarter
Issuance of common stock upon separation	`StockIssuedDuringPeriodValueNewIssues`	$1.80M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.70B	USD	Point-in-time

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