10-Q Filing

HILLMAN SOLUTIONS CORP. CIK: 1822492 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001822492-23-000087`
Period End Date	20230331
Filing Date	20230509
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	hlm-20230401_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 36 Cash Flow Statement 66 Stockholders Equity 25

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.40M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.30M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$343.27M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$333.45M	USD	Point-in-time
Other intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$414.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.08M	USD	Point-in-time
Other intangibles, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$430.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.75M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowances of $2,303 ($2,405 - 2022)	`AccountsReceivableNetCurrent`	$86.98M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowances of $2,303 ($2,405 - 2022)	`AccountsReceivableNetCurrent`	$121.15M	USD	Point-in-time
Inventories, net	`InventoryNet`	$489.33M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$450.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.23M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	194.55M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.09M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	194.55M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.05M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$636.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$631.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $343,269 ($333,452 - 2022)	`PropertyPlantAndEquipmentNet`	$190.26M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $343,269 ($333,452 - 2022)	`PropertyPlantAndEquipmentNet`	$191.93M	USD	Point-in-time
Goodwill	`Goodwill`	$823.81M	USD	Point-in-time
Goodwill	`Goodwill`	$824.14M	USD	Point-in-time
Other intangibles, net of accumulated amortization of $430,005 ($414,275 - 2022)	`IntangibleAssetsNetExcludingGoodwill`	$719.27M	USD	Point-in-time
Other intangibles, net of accumulated amortization of $430,005 ($414,275 - 2022)	`IntangibleAssetsNetExcludingGoodwill`	$734.46M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$95.79M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$66.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.77M	USD	Point-in-time
Total assets	`Assets`	$2.49B	USD	Point-in-time
Total assets	`Assets`	$2.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$131.75M	USD	Point-in-time
Current portion of debt and financing lease liabilities	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$10.57M	USD	Point-in-time
Current portion of debt and financing lease liabilities	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$10.88M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$13.45M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$12.29M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$13.72M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$15.71M	USD	Point-in-time
Pricing allowances	`AccruedMarketingCostsCurrent`	$9.25M	USD	Point-in-time
Pricing allowances	`AccruedMarketingCostsCurrent`	$9.97M	USD	Point-in-time
Income and other taxes	`TaxesPayableCurrent`	$5.30M	USD	Point-in-time
Income and other taxes	`TaxesPayableCurrent`	$5.21M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$480.00K	USD	Point-in-time
Interest	`InterestPayableCurrent`	$697.00K	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$29.85M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$24.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$215.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$221.61M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$878.22M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$884.64M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$140.09M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$137.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$89.49M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$61.36M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$13.78M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$12.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.31B	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par, 500,000,000 shares authorized, 194,548,420 issued and outstanding at April 1, 2023 and 194,548,411 issued and outstanding at December 31, 2022	`CommonStockValue`	$20.00K	USD	Point-in-time
Common stock, $0.0001 par, 500,000,000 shares authorized, 194,548,420 issued and outstanding at April 1, 2023 and 194,548,411 issued and outstanding at December 31, 2022	`CommonStockValue`	$20.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.40B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.41B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-235.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-226.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.21M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.49B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.05M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$349.71M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$363.01M	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$213.27M	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$204.51M	USD	1 Quarter
Selling, warehouse, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$114.54M	USD	1 Quarter
Selling, warehouse, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$111.06M	USD	1 Quarter
Depreciation	`Depreciation`	$16.70M	USD	1 Quarter
Depreciation	`Depreciation`	$13.25M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$15.57M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$15.52M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-767.00K	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.42M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.09M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.85M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-18.08M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-11.63M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.78M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-16.99M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-892.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-7.86M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	1 Quarter
Basic income (loss) per share (in usd per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic income (loss) per share (in usd per share)	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Weighted average basic and diluted shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	194.01M	shares	1 Quarter
Weighted average basic and diluted shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	194.55M	shares	1 Quarter
Net loss from above	`NetIncomeLoss`	$-1.89M	USD	1 Quarter
Net loss from above	`NetIncomeLoss`	$-9.13M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$959.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.73M	USD	1 Quarter
Hedging activity	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.41M	USD	1 Quarter
Hedging activity	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-5.14M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.18M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$12.15M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$10.26M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-13.31M	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.28M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.29M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.59M	USD	1 Quarter
Deferred financing and original issue discount amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.33M	USD	1 Quarter
Deferred financing and original issue discount amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.30M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.64M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.02M	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-82.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.47M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$1.72M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$22.30M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$33.96M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-38.87M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$29.53M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.85M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.93M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.41M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.91M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$8.21M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-5.19M	USD	1 Quarter
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.51M	USD	1 Quarter
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.54M	USD	1 Quarter
Acquisition of business, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$300.00K	USD	1 Quarter
Acquisition of business, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.50M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$18.11M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$12.54M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$113.00K	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.04M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.52M	USD	1 Quarter
Repayments of senior term loans	`RepaymentsOfSecuredDebt`	$2.13M	USD	1 Quarter
Repayments of senior term loans	`RepaymentsOfSecuredDebt`	$2.13M	USD	1 Quarter
Borrowings on revolving credit loans	`ProceedsFromLinesOfCredit`	$70.00M	USD	1 Quarter
Borrowings on revolving credit loans	`ProceedsFromLinesOfCredit`	$39.00M	USD	1 Quarter
Repayments of revolving credit loans	`RepaymentsOfLinesOfCredit`	$44.00M	USD	1 Quarter
Repayments of revolving credit loans	`RepaymentsOfLinesOfCredit`	$43.00M	USD	1 Quarter
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	$494.00K	USD	1 Quarter
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	$259.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$328.00K	USD	1 Quarter
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$38.00K	USD	1 Quarter
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.08M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-58.00K	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Cash payments related to hedging activities	`PaymentsForDerivativeInstrumentFinancingActivities`	$467.00K	USD	1 Quarter
Cash payments related to hedging activities	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	1 Quarter
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.44M	USD	1 Quarter
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.76M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.08M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-555.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.77M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.67M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.08M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.08M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.75M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$472.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	$370.00K	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	194.00M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	194.05M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-1.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.13M	USD	1 Quarter
Stock option activity, stock awards and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.71M	USD	1 Quarter
Stock option activity, stock awards and employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.02M	USD	1 Quarter
Stock Issued During Period, Shares, Employee Stock Ownership Plan	`StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan`	53,000.00	shares	1 Quarter
Hedging activity	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$8.41M	USD	1 Quarter
Hedging activity	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-5.14M	USD	1 Quarter
Change in cumulative foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$959.00K	USD	1 Quarter
Change in cumulative foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.73M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	194.00M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	194.05M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	194.55M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.15B	USD	Point-in-time

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