10-Q Filing

Kontoor Brands, Inc. CIK: 1760965 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001760965-23-000014`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ktb-20230401_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 30 Cash Flow Statement 60 Stockholders Equity 25 Comprehensive Income 12

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, no par value (in USD per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, no par value (in USD per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, no par value (in USD per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.18M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$193.63M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$225.86M	USD	Point-in-time
Common stock, no par value (in USD per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in USD per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$224.02M	USD	Point-in-time
Common stock, no par value (in USD per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$276.04M	USD	Point-in-time
Inventories	`InventoryNet`	$596.84M	USD	Point-in-time
Inventories	`InventoryNet`	$432.89M	USD	Point-in-time
Inventories	`InventoryNet`	$660.09M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.93M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.28M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$100.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.52M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$102.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$985.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.04B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$982.27M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$104.47M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$101.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$105.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$51.03M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$47.76M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$55.12M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.25M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.17M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.36M	USD	Point-in-time
Goodwill	`Goodwill`	$209.63M	USD	Point-in-time
Goodwill	`Goodwill`	$211.50M	USD	Point-in-time
Goodwill	`Goodwill`	$209.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$220.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$229.11M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$221.51M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.59B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.64B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.58B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.25M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$239.00K	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.28M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$206.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$266.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$163.87M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$196.99M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$197.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$198.78M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$21.24M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$19.90M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$22.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$491.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$440.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$402.07M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$31.51M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$32.47M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$26.51M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$98.26M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$76.95M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$81.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$782.62M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$789.14M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$827.94M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.40B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.33B	USD	Point-in-time
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2023, December 2022 and March 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2023, December 2022 and March 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2023, December 2022 and March 2022	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,933,661 at March 2023; 55,516,872 at December 2022 and 56,276,243 at March 2022	`CommonStockValue`	-	USD	Point-in-time
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,933,661 at March 2023; 55,516,872 at December 2022 and 56,276,243 at March 2022	`CommonStockValue`	-	USD	Point-in-time
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,933,661 at March 2023; 55,516,872 at December 2022 and 56,276,243 at March 2022	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$243.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$224.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$251.11M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$43.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$86.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$116.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-83.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.67M	USD	Point-in-time
Total equity	`StockholdersEquity`	$299.29M	USD	Point-in-time
Total equity	`StockholdersEquity`	$184.09M	USD	Point-in-time
Total equity	`StockholdersEquity`	$148.14M	USD	Point-in-time
Total equity	`StockholdersEquity`	$250.76M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.58B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.64B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$667.12M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$679.74M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$380.42M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$375.12M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$191.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$196.40M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$571.52M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$572.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$108.22M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$94.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.27M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$419.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$469.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$2.23M	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$222.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.87M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$100.44M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$16.57M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$19.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.30M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$1.19	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$1.43	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$1.40	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$1.16	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.65M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.84M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$80.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.13M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.73M	USD	1 Quarter
Provision for doubtful accounts	`AccountsReceivableAndContractWithCustomerAssetCreditLossExpenseReversal`	$1.88M	USD	1 Quarter
Provision for doubtful accounts	`AccountsReceivableAndContractWithCustomerAssetCreditLossExpenseReversal`	$1.76M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-3.42M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.64M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.85M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.99M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$59.90M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$70.18M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$54.11M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-42.97M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$12.24M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$12.20M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-34.64M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-11.26M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.78M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.47M	USD	1 Quarter
Cash (used) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$74.83M	USD	1 Quarter
Cash (used) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.62M	USD	1 Quarter
Property, plant and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.88M	USD	1 Quarter
Property, plant and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.46M	USD	1 Quarter
Capitalized computer software	`PaymentsToAcquireSoftware`	$5.48M	USD	1 Quarter
Capitalized computer software	`PaymentsToAcquireSoftware`	$2.11M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-149.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$31.00K	USD	1 Quarter
Cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.80M	USD	1 Quarter
Cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.03M	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$178.00M	USD	1 Quarter
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$128.00M	USD	1 Quarter
Repayments of term loan	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Repayments of term loan	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Repurchases of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$22.51M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$26.03M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$26.81M	USD	1 Quarter
Shares withheld for taxes, net of proceeds from issuance of Common Stock	`PaymentTaxWithholdingShareBasedPaymentArrangementNetOfProceedsFromIssuanceOfCommonStock`	$11.10M	USD	1 Quarter
Shares withheld for taxes, net of proceeds from issuance of Common Stock	`PaymentTaxWithholdingShareBasedPaymentArrangementNetOfProceedsFromIssuanceOfCommonStock`	$3.62M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-57.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-298.00K	USD	1 Quarter
Cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.02M	USD	1 Quarter
Cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-59.95M	USD	1 Quarter
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.55M	USD	1 Quarter
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$901.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.50M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.31M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.32M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.68M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$193.63M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.18M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.32M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.68M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$193.63M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.18M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends on Common Stock (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.46	USD	1 Quarter
Dividends on Common Stock (in USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.48	USD	1 Quarter
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	55.93M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	56.28M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	55.52M	shares	Point-in-time
Balance, beginning	`StockholdersEquity`	$299.29M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$184.09M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$148.14M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$250.76M	USD	Point-in-time
Net income	`NetIncomeLoss`	$80.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.30M	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-2.62M	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-5.37M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.66M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.06M	USD	1 Quarter
Dividends on Common Stock	`DividendsCommonStock`	$26.81M	USD	1 Quarter
Dividends on Common Stock	`DividendsCommonStock`	$26.03M	USD	1 Quarter
Repurchases of Common Stock	`StockRepurchasedDuringPeriodValue`	$22.51M	USD	1 Quarter
Balance, ending (in shares)	`CommonStockSharesOutstanding`	55.93M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	56.28M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	55.52M	shares	Point-in-time
Balance, ending	`StockholdersEquity`	$299.29M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$184.09M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$148.14M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$250.76M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$80.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.30M	USD	1 Quarter
Net change in foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$8.32M	USD	1 Quarter
Net change in foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.62M	USD	1 Quarter
Net change in defined benefit pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$35.00K	USD	1 Quarter
Net change in defined benefit pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.00K	USD	1 Quarter
Net change in derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.37M	USD	1 Quarter
Net change in derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$12.67M	USD	1 Quarter
Total other comprehensive income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.66M	USD	1 Quarter
Total other comprehensive income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.96M	USD	1 Quarter

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