CTS Corporation
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Penke I guess you are interested in CTS Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of CTS Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of CTS Corporation (30 sec.)

What can you expect buying and holding a share of CTS Corporation? (30 sec.)

How much money do you get?

$0.16

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$16.86

Expected worth in 1 year

$17.93

How sure are you?

90.0%

+ What do you gain per year?

Total Gains per Share

$1.23

Return On Investment

2.8%

For what price can you sell your share?

Current Price per Share

$43.10

Expected price per share

$40.29 - $44.58

How sure are you?

50%

1. Valuation of CTS Corporation (5 min.)

Live pricePrice per Share (EOD)

$43.10

Book Value per Share

$16.86

Intrinsic Value Per Share

$20.68 - $34.13

Total Value Per Share

$37.54 - $50.99

My calculation of the intrinsic value of CTS Corporation is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.38) 3Y: ($0.65) TTM: ($0.59)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.02) 3Y: ($0.02) TTM: ($0.07)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$1.64	$2.74	$1.80 - $2.89
2	$3.42	$5.65	$2.06 - $3.17
3	$5.33	$8.74	$2.32 - $3.44
4	$7.34	$11.99	$2.58 - $3.71
5	$9.43	$15.38	$2.84 - $3.99
6	$11.60	$18.90	$3.10 - $4.26
7	$13.82	$22.55	$3.36 - $4.54
8	$16.08	$26.31	$3.62 - $4.81
9	$18.37	$30.17	$3.89 - $5.09
10	$20.68	$34.13	$4.15 - $5.36

2. Growth of CTS Corporation (5 min.)

Is CTS Corporation growing?

	Current year	Previous year	Grow	Grow %
How rich?	$526.8m	$490.7m	$30.5m	5.9%

How much money is CTS Corporation making?

	Current year	Previous year	Grow	Grow %
Making money	$15.1m	$14.8m	$239.2k	1.6%
Net Profit Margin	11.0%	10.2%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of CTS Corporation (5 min.)

4. Comparing to competitors in the Electronic Components industry (5 min.)

Industry Rankings (Electronic Components)

Richest
#127 / 524

Most Revenue
#211 / 524

Most Profit
#138 / 524

Most Efficient
#108 / 524

What can you expect buying and holding a share of CTS Corporation? (5 min.)

Welcome investor! CTS Corporation's management wants to use your money to grow the business. In return you get a share of CTS Corporation.

What can you expect buying and holding a share of CTS Corporation?

First you should know what it really means to hold a share of CTS Corporation. And how you can make/lose money.

Speculation

The Price per Share of CTS Corporation is $43.10. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of CTS Corporation.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in CTS Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $16.86. Based on the TTM, the Book Value Change Per Share is $0.27 per quarter. Based on the YOY, the Book Value Change Per Share is $0.38 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.04 per quarter.

Based on historical numbers we can estimate the returns while holding a share of CTS Corporation.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.49	1.1%	0.48	1.1%	0.46	1.1%	0.23	0.5%	0.21	0.5%
Usd Book Value Change Per Share	0.28	0.6%	0.27	0.6%	0.38	0.9%	0.28	0.6%	0.21	0.5%
Usd Dividend Per Share	0.04	0.1%	0.04	0.1%	0.04	0.1%	0.04	0.1%	0.04	0.1%
Usd Total Gains Per Share	0.32	0.7%	0.31	0.7%	0.42	1.0%	0.32	0.7%	0.24	0.6%
Usd Price Per Share	43.74	-	44.39	-	37.62	-	34.22	-	28.05	-
Price to Earnings Ratio	22.30	-	23.33	-	21.34	-	43.01	-	29.67	-
Price-to-Total Gains Ratio	137.82	-	168.60	-	106.20	-	112.07	-	90.19	-
Price to Book Ratio	2.59	-	2.68	-	2.46	-	2.42	-	2.34	-
Price-to-Total Gains Ratio	137.82	-	168.60	-	106.20	-	112.07	-	90.19	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	43.1
Number of shares	23

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.04	0.04
Usd Book Value Change Per Share	0.27	0.28
Usd Total Gains Per Share	0.31	0.32
Gains per Quarter (23 shares)	7.05	7.35
Gains per Year (23 shares)	28.19	29.41

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	4	25	18	4	26	19
2	7	49	46	7	52	48
3	11	74	74	11	77	77
4	15	98	102	15	103	106
5	18	123	130	18	129	135
6	22	147	158	22	155	164
7	26	172	186	26	180	193
8	29	196	214	29	206	222
9	33	221	242	33	232	251
10	37	245	270	37	258	280

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	19.0	1.0	0.0	95.0%	36.0	4.0	0.0	90.0%	120.0	16.0	0.0	88.2%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	1.0	0.0	95.0%	36.0	4.0	0.0	90.0%	103.0	32.0	1.0	75.7%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	134.0	0.0	2.0	98.5%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	1.0	0.0	95.0%	36.0	4.0	0.0	90.0%	109.0	27.0	0.0	80.1%

Fundamentals of CTS Corporation

About CTS Corporation

https://www.ctscorp.com
Electronic Components
4081
4925 Indiana Avenue, Lisle, IL, United States, 60532
Google Maps Bing Maps

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals. In addition, the company offers flow meters, hydrophones, non-destructive testing, sonar, ultrasonic imaging, piezoelectric materials, piezoelectric sense products, and bulk products. Further, it provides eMobility, chassis, current sensors, clutch, brake, position sensors, stroke sensor, seating, speed, throttle, transmission, turbo, temperature sensors, and technical related products. Additionally, the company offers DIP, rotary selector, tactile, rotary DIP, and toggle switches, as well as provides transducer related products. Furthermore, it provides EMI, RFI, and RFI products; specialty and resistors; and frequency control products. The company sells and markets its products through its sales engineers, independent manufacturer representatives, and distributors. CTS Corporation was founded in 1896 and is based in Lisle, Illinois.

Fundamental data was last updated by Penke on 2024-04-13 10:52:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of CTS Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit CTS Corporation earns for each $1 of revenue.

Above 10% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
A Net Profit Margin of 12.3% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of CTS Corporation:

The MRQ is 12.3%. The company is making a huge profit. +2
The TTM is 11.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	12.3%	TTM	11.0%	+1.3%
TTM	11.0%	YOY	10.2%	+0.9%
TTM	11.0%	5Y	5.6%	+5.5%
5Y	5.6%	10Y	5.8%	-0.2%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	12.3%	2.9%	+9.4%
TTM	11.0%	4.2%	+6.8%
YOY	10.2%	5.5%	+4.7%
5Y	5.6%	4.8%	+0.8%
10Y	5.8%	4.9%	+0.9%

Measures how much net profit CTS Corporation earns for each $1 of revenue.

Revenue is the amount of profit CTS Corporation generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit CTS Corporation earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be used to compare companies within the Electronic Components industry.

You typically want a high profit margin. This means that for each $1 in sales, CTS Corporation makes more profit. This shows the investor how efficiently CTS Corporation is operating in general and compared to other companies in the same industry. CTS Corporation operates in the Electronic Components industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of CTS Corporation. If profit margins remain low (compared to the Electronic Components industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of CTS Corporation is 0.12. This means that CTS Corporation earned $0.12 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Electronic Components industry is 2.9%.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare CTS Corporation with other companies in the same industry (Electronic Components).
Net profit margin should rise over the years.
Can be influenced when CTS Corporation sells assets (profit will increase while costs remain the same).
It won’t show what part of CTS Corporation is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of CTS Corporation

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ CTS Corporation = 15,320
Total revenue MRQ CTS Corporation = 124,694
$15,320 / $124,694 = 0.12 or 12.3%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient CTS Corporation is using its assets to generate profit.

Above 5% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
2.1% Return on Assets means that CTS Corporation generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of CTS Corporation:

The MRQ is 2.1%. Using its assets, the company is less efficient in making profit.
The TTM is 2.0%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	2.1%	TTM	2.0%	+0.0%
TTM	2.0%	YOY	2.1%	-0.1%
TTM	2.0%	5Y	1.1%	+1.0%
5Y	1.1%	10Y	1.2%	-0.1%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	2.1%	0.9%	+1.2%
TTM	2.0%	1.1%	+0.9%
YOY	2.1%	1.6%	+0.5%
5Y	1.1%	1.3%	-0.2%
10Y	1.2%	1.3%	-0.1%

Shows how efficient CTS Corporation is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively CTS Corporation is using its resources to generate profit. If the return on assets (2.1%) from CTS Corporation are higher than the Electronic Components mean (0.9%) that means CTS Corporation is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of CTS Corporation is 2.1%. This means the company generated $0.02 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Electronic Components industry is 0.9%.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example CTS Corporation

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from CTS Corporation = 15,320
Total assets MRQ (balance sheet) from CTS Corporation = 741,167
15,320 / 741,167 = 0.02 or 2.1%

ROA is an important ratio as it will tell you how effectively CTS Corporation is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient CTS Corporation is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
2.9% Return on Equity means CTS Corporation generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of CTS Corporation:

The MRQ is 2.9%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.9%	TTM	2.9%	+0.0%
TTM	2.9%	YOY	3.0%	-0.1%
TTM	2.9%	5Y	1.6%	+1.3%
5Y	1.6%	10Y	1.8%	-0.2%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	2.9%	1.7%	+1.2%
TTM	2.9%	2.1%	+0.8%
YOY	3.0%	3.4%	-0.4%
5Y	1.6%	2.5%	-0.9%
10Y	1.8%	2.6%	-0.8%

Shows how efficient CTS Corporation is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Electronic Components industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of CTS Corporation is 2.9%. This means CTS Corporation generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Electronic Components industry is 1.7%.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if CTS Corporation existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of CTS Corporation

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) CTS Corporation = 15,320
Shareholders equity (balance sheet) MRQ CTS Corporation = 526,822
15,320 / 526,822 = 0.03 or 2.9%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of CTS Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient CTS Corporation is operating .

Measures how much profit CTS Corporation makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
An Operating Margin of 13.9% means the company generated $0.14 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of CTS Corporation:

The MRQ is 13.9%. The company is operating less efficient.
The TTM is 12.5%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	13.9%	TTM	12.5%	+1.3%
TTM	12.5%	YOY	14.5%	-2.0%
TTM	12.5%	5Y	6.0%	+6.6%
5Y	6.0%	10Y	8.2%	-2.2%

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	13.9%	4.8%	+9.1%
TTM	12.5%	2.3%	+10.2%
YOY	14.5%	5.6%	+8.9%
5Y	6.0%	5.6%	+0.4%
10Y	8.2%	5.3%	+2.9%

Measures how efficient CTS Corporation is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit CTS Corporation is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of CTS Corporation is 13.9%. This means that CTS Corporation earned $0.14 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Electronic Components industry is 4.8%.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of CTS Corporation

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ CTS Corporation = 17,297
Total revenue MRQ CTS Corporation = 124,694
$17,297 / $124,694 = 0.14 or 13.9%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient CTS Corporation is keeping operating costs low.

Below 1 is considered healthy (always compare to Electronic Components industry mean).
An Operation Ratio of 0.86 means that the operating costs are $0.86 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of CTS Corporation:

The MRQ is 0.861. The company is less efficient in keeping operating costs low.
The TTM is 0.851. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.861	TTM	0.851	+0.010
TTM	0.851	YOY	0.838	+0.013
TTM	0.851	5Y	0.860	-0.009
5Y	0.860	10Y	0.871	-0.012

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	0.861	1.732	-0.871
TTM	0.851	1.726	-0.875
YOY	0.838	1.695	-0.857
5Y	0.860	1.687	-0.827
10Y	0.871	1.527	-0.656

Measures how efficient CTS Corporation is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of CTS Corporation is 86.1%. This means that CTS Corporation earned $0.86 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Electronic Components industry is 1.73.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example CTS Corporation

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(82,630 +24,767) \ 124,694 = 0.86

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of CTS Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if CTS Corporation is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
A Current Ratio of 3.29 means the company has $3.29 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of CTS Corporation:

The MRQ is 3.291. The company is very able to pay all its short-term debts. +2
The TTM is 3.163. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	3.291	TTM	3.163	+0.128
TTM	3.163	YOY	2.631	+0.532
TTM	3.163	5Y	2.732	+0.431
5Y	2.732	10Y	2.626	+0.106

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	3.291	1.892	+1.399
TTM	3.163	1.849	+1.314
YOY	2.631	1.840	+0.791
5Y	2.732	1.896	+0.836
10Y	2.626	1.747	+0.879

Measures if CTS Corporation is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for CTS Corporation if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of CTS Corporation is 3.29. This means CTS Corporation has $3.29 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Electronic Components industry is 1.89.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example CTS Corporation

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
319,349 \ 97,039) = 3.29

The current ratio measures if CTS Corporation is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if CTS Corporation is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then CTS Corporation does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate CTS Corporation is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if CTS Corporation is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
A Quick Ratio of 2.50 means the company can pay off $2.50 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of CTS Corporation:

The MRQ is 2.498. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 2.389. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	2.498	TTM	2.389	+0.110
TTM	2.389	YOY	1.969	+0.419
TTM	2.389	5Y	2.070	+0.319
5Y	2.070	10Y	2.044	+0.026

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	2.498	0.743	+1.755
TTM	2.389	0.743	+1.646
YOY	1.969	0.790	+1.179
5Y	2.070	0.845	+1.225
10Y	2.044	0.905	+1.139

Measures if CTS Corporation is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast CTS Corporation can pay off its short term debts. This shows if CTS Corporation can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of CTS Corporation is 2.50. This means that CTS Corporation can pay off $2.50 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 0.74.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example CTS Corporation

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio CTS Corporation: (163,876 + 0 +78,569) / 97,039 = 2.50

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of CTS Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of CTS Corporation assets are financed with debt.

Below 1 (100%) is considered healthy but always compare CTS Corporation to Electronic Components industry mean.
A Debt to Asset Ratio of 0.29 means that CTS Corporation assets are financed with 28.9% credit (debt) and the remaining percentage (100% - 28.9%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of CTS Corporation:

The MRQ is 0.289. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.304. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.289	TTM	0.304	-0.015
TTM	0.304	YOY	0.322	-0.018
TTM	0.304	5Y	0.332	-0.027
5Y	0.332	10Y	0.353	-0.021

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	0.289	0.418	-0.129
TTM	0.304	0.420	-0.116
YOY	0.322	0.442	-0.120
5Y	0.332	0.434	-0.102
10Y	0.353	0.426	-0.073

Measures how much % of CTS Corporation assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake CTS Corporation than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare CTS Corporation to Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of CTS Corporation is 0.29. This means means that CTS Corporation is financed with 28.9% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Electronic Components industry is 189.2%.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why CTS Corporation has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example CTS Corporation

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
214,345 \ 741,167 = 28.9% or 0.29.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if CTS Corporation is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare CTS Corporation to the Electronic Components industry mean.
A Debt to Equity ratio of 40.7% means that company has $0.41 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of CTS Corporation:

The MRQ is 0.407. The company is very able to pay all its debts with equity. +2
The TTM is 0.438. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.407	TTM	0.438	-0.031
TTM	0.438	YOY	0.476	-0.038
TTM	0.438	5Y	0.501	-0.063
5Y	0.501	10Y	0.552	-0.051

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
MRQ	0.407	0.738	-0.331
TTM	0.438	0.746	-0.308
YOY	0.476	0.829	-0.353
5Y	0.501	0.816	-0.315
10Y	0.552	0.799	-0.247

Measures if CTS Corporation is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of CTS Corporation is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of CTS Corporation is 0.41. This means that CTS Corporation can pay off $0.41 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 0.74.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example CTS Corporation

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
214,345 \ 526,822 = 0.41 or 40.7%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of CTS Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings CTS Corporation generates.

Above 15 is considered overpriced but always compare CTS Corporation to the Electronic Components industry mean.
A PE ratio of 22.30 means the investor is paying $22.30 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of CTS Corporation:

The EOD is 21.971. Based on the earnings, the company is fair priced.
The MRQ is 22.298. Based on the earnings, the company is fair priced.
The TTM is 23.326. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	21.971	MRQ	22.298	-0.326
MRQ	22.298	TTM	23.326	-1.028
TTM	23.326	YOY	21.339	+1.987
TTM	23.326	5Y	43.008	-19.682
5Y	43.008	10Y	29.668	+13.340

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
EOD	21.971	14.785	+7.186
MRQ	22.298	15.153	+7.145
TTM	23.326	15.689	+7.637
YOY	21.339	14.656	+6.683
5Y	43.008	20.740	+22.268
10Y	29.668	23.687	+5.981

Measures how much money you pay for each share for every $1 in earnings CTS Corporation generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare CTS Corporation to the Electronic Components industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of CTS Corporation is 22.30. This means the investor is paying $22.30 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Electronic Components industry is 15.15.
What is the trend?
The trend is important because it shows you how CTS Corporation is performing over time. The most recent quarter might be important if CTS Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CTS Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example CTS Corporation

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 31,239 = EPS
PE ratio MRQ = 22.30

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of CTS Corporation:

The EOD is 11.783. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 11.958. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 26.254. Based on how much money comes from the company's main activities, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	11.783	MRQ	11.958	-0.175
MRQ	11.958	TTM	26.254	-14.296
TTM	26.254	YOY	15.305	+10.949
TTM	26.254	5Y	20.666	+5.588
5Y	20.666	10Y	-5.203	+25.869

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
EOD	11.783	5.721	+6.062
MRQ	11.958	5.610	+6.348
TTM	26.254	4.040	+22.214
YOY	15.305	0.887	+14.418
5Y	20.666	1.576	+19.090
10Y	-5.203	1.843	-7.046

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of CTS Corporation is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Electronic Components industry mean).
A PB ratio of 2.59 means the investor is paying $2.59 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of CTS Corporation:

The EOD is 2.556. Based on the equity, the company is underpriced. +1
The MRQ is 2.594. Based on the equity, the company is underpriced. +1
The TTM is 2.685. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	2.556	MRQ	2.594	-0.038
MRQ	2.594	TTM	2.685	-0.091
TTM	2.685	YOY	2.464	+0.220
TTM	2.685	5Y	2.419	+0.265
5Y	2.419	10Y	2.337	+0.083

Compared to industry (Electronic Components)

Period	Company	Industry (mean)	+/-
EOD	2.556	1.738	+0.818
MRQ	2.594	1.893	+0.701
TTM	2.685	1.894	+0.791
YOY	2.464	1.912	+0.552
5Y	2.419	2.127	+0.292
10Y	2.337	2.161	+0.176

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of CTS Corporation.

3.1. Institutions holding CTS Corporation

Institutions are holding 98.279% of the shares of CTS Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	16.0932	0.0055	4954966	108084	2.23
2023-12-31	Vanguard Group Inc	9.0035	0.0027	2772099	42176	1.545
2023-12-31	T. Rowe Price Investment Management,Inc.	7.0434	0.0617	2168604	-67963	-3.0387
2023-12-31	Earnest Partners LLC	5.5876	0.3757	1720359	-84117	-4.6616
2023-12-31	Dimensional Fund Advisors, Inc.	4.8259	0.019	1485849	-23984	-1.5885
2023-12-31	Gamco Investors, Inc. Et Al	4.4497	0.6396	1370035	-19124	-1.3767
2023-12-31	Wellington Management Company LLP	4.3652	0.011	1344017	94901	7.5975
2023-12-31	Brown Advisory Holdings Inc	3.8971	0.0738	1199873	-35528	-2.8758
2023-12-31	Fiduciary Management, Inc. of Milwaukee	3.8558	0.4857	1187171	47730	4.1889
2023-12-31	State Street Corporation	3.7681	0.0025	1160172	57637	5.2277
2023-12-31	Goldman Sachs Group Inc	2.3413	0.0028	720856	381537	112.442
2023-12-31	Geode Capital Management, LLC	2.3053	0.0033	709780	25526	3.7305
2023-12-31	Gabelli Funds LLC	1.8174	0.1885	559550	-5500	-0.9734
2023-12-31	London Company of Virginia	1.7072	0.1294	525645	2795	0.5346
2023-12-31	Wasatch Advisors Inc.	1.2027	0.0892	370313	370313	0
2023-12-31	Charles Schwab Investment Management Inc	1.1416	0.0039	351491	8248	2.403
2023-12-31	Bank of New York Mellon Corp	1.1132	0.003	342741	-2795	-0.8089
2023-09-30	Harvey Partners LLC	1.1116	1.8112	342250	11250	3.3988
2023-12-31	Northern Trust Corp	1.0914	0.0027	336035	-8551	-2.4815
2023-12-31	Chartwell Investment Partners, LLC	0.9868	0.466	303837	-10062	-3.2055
Total		77.708	4.3772	23925643	+892573	+3.7%

3.2. Funds holding CTS Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-28	iShares Core S&P Small-Cap ETF	6.8567	0.1226	2104607	-7838	-0.371
2024-02-29	1290 VT GAMCO Small Company Value IB	3.2303	1.2315	991500	-2500	-0.2515
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1142	0.0028	955886	-4010	-0.4178
2023-12-31	T. Rowe Price Small-Cap Stock	2.4907	0.3534	764492	-60300	-7.3109
2023-12-31	T. Rowe Price US Small-Cap Core Equity	2.4907	0.3525	764492	-60300	-7.3109
2024-03-28	iShares Russell 2000 ETF	2.4645	0.0541	756457	5860	0.7807
2023-12-31	Harbor Small Cap Value Instl	2.1894	1.4028	672015	-66491	-9.0034
2024-02-29	Brown Advisory Small-Cap Fdmtl Val Inv	2.186	2.2434	670977	-2243	-0.3332
2024-02-29	Vanguard Information Technology ETF	2.1049	0.0378	646094	266	0.0412
2023-12-31	FMI Common Stock Investor	1.8733	1.4233	575000	45000	8.4906
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4954	0.02	459010	-539	-0.1173
2023-12-31	Gabelli Small Cap Growth AAA	1.3032	1.0217	400000	0	0
2023-12-31	T. Rowe Price US Smlr Cm Eq A USD	1.3002	0.6218	399100	41421	11.5805
2023-12-31	Harvey Partners Small-Cap Opportunity	1.2833	2.0041	393900	85250	27.6203
2023-12-31	T. Rowe Price U.S. SC Core Eq Tr-Z	1.1929	0.3433	366160	-31600	-7.9445
2023-12-31	T. Rowe Price Instl Small-Cap Stock	1.1549	0.3523	354480	-27100	-7.102
2024-01-31	Fidelity Small Cap Index	1.02	0.0519	313080	4879	1.5831
2024-03-28	SPDR® Portfolio S&P 600 Sm Cap ETF	0.897	0.1225	275324	285	0.1036
2024-03-28	iShares Russell 2000 Growth ETF	0.8771	0.1081	269209	-313	-0.1161
2024-02-29	DFA US Micro Cap I	0.8276	0.1579	254031	0	0
Total		40.3523	12.0278	12385814	-80273	-0.6%

3.3. Insider Transactions

Insiders are holding 2.248% of the shares of CTS Corporation.

Date	Owner	Type	Amount	Price
2024-04-01	Kieran M O'sullivan	SELL	75	47
2024-03-28	Ashish Agrawal	SELL	4504	47.1
2024-03-28	Kieran M O'sullivan	SELL	14976	47.13

4. Summary

4.1. Key Performance Indicators

The key performance indicators of CTS Corporation compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.277	0.266	+4%	0.376	-26%	0.280	-1%	0.205	+35%
Book Value Per Share	-	-	16.864	16.547	+2%	15.253	+11%	14.044	+20%	11.821	+43%
Current Ratio	-	-	3.291	3.163	+4%	2.631	+25%	2.732	+20%	2.626	+25%
Debt To Asset Ratio	-	-	0.289	0.304	-5%	0.322	-10%	0.332	-13%	0.353	-18%
Debt To Equity Ratio	-	-	0.407	0.438	-7%	0.476	-15%	0.501	-19%	0.552	-26%
Dividend Per Share	-	-	0.040	0.040	0%	0.040	+0%	0.040	+0%	0.040	+1%
Eps	-	-	0.490	0.480	+2%	0.463	+6%	0.232	+112%	0.211	+132%
Free Cash Flow Per Share	-	-	0.914	0.589	+55%	0.831	+10%	0.552	+66%	0.384	+138%
Free Cash Flow To Equity Per Share	-	-	0.099	0.069	+44%	0.864	-88%	0.373	-73%	0.225	-56%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	34.126	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	20.678	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	2.736	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	1.639	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	8.742	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	5.328	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	15.376	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	9.433	-	-	-	-	-	-	-	-
Market Cap	1322915710.000	-3%	1366393860.000	1398597702.500	-2%	1209988617.500	+13%	1105283942.500	+24%	918824321.250	+49%
Net Profit Margin	-	-	0.123	0.110	+11%	0.102	+21%	0.056	+120%	0.058	+112%
Operating Margin	-	-	0.139	0.125	+11%	0.145	-4%	0.060	+133%	0.082	+70%
Operating Ratio	-	-	0.861	0.851	+1%	0.838	+3%	0.860	+0%	0.871	-1%
Pb Ratio	2.556	-1%	2.594	2.685	-3%	2.464	+5%	2.419	+7%	2.337	+11%
Pe Ratio	21.971	-1%	22.298	23.326	-4%	21.339	+4%	43.008	-48%	29.668	-25%
Price Per Share	43.100	-1%	43.740	44.393	-1%	37.615	+16%	34.225	+28%	28.050	+56%
Price To Free Cash Flow Ratio	11.783	-1%	11.958	26.254	-54%	15.305	-22%	20.666	-42%	-5.203	+144%
Price To Total Gains Ratio	135.800	-1%	137.816	168.596	-18%	106.205	+30%	112.073	+23%	90.188	+53%
Quick Ratio	-	-	2.498	2.389	+5%	1.969	+27%	2.070	+21%	2.044	+22%
Return On Assets	-	-	0.021	0.020	+2%	0.021	0%	0.011	+94%	0.012	+79%
Return On Equity	-	-	0.029	0.029	+0%	0.030	-4%	0.016	+80%	0.018	+63%
Total Gains Per Share	-	-	0.317	0.306	+4%	0.416	-24%	0.320	-1%	0.245	+30%
Usd Book Value	-	-	526822000.000	521255000.000	+1%	490740250.000	+7%	453890750.000	+16%	387590950.000	+36%
Usd Book Value Change Per Share	-	-	0.277	0.266	+4%	0.376	-26%	0.280	-1%	0.205	+35%
Usd Book Value Per Share	-	-	16.864	16.547	+2%	15.253	+11%	14.044	+20%	11.821	+43%
Usd Dividend Per Share	-	-	0.040	0.040	0%	0.040	+0%	0.040	+0%	0.040	+1%
Usd Eps	-	-	0.490	0.480	+2%	0.463	+6%	0.232	+112%	0.211	+132%
Usd Free Cash Flow	-	-	28567000.000	18518250.000	+54%	26716000.000	+7%	17801700.000	+60%	12518225.000	+128%
Usd Free Cash Flow Per Share	-	-	0.914	0.589	+55%	0.831	+10%	0.552	+66%	0.384	+138%
Usd Free Cash Flow To Equity Per Share	-	-	0.099	0.069	+44%	0.864	-88%	0.373	-73%	0.225	-56%
Usd Market Cap	1322915710.000	-3%	1366393860.000	1398597702.500	-2%	1209988617.500	+13%	1105283942.500	+24%	918824321.250	+49%
Usd Price Per Share	43.100	-1%	43.740	44.393	-1%	37.615	+16%	34.225	+28%	28.050	+56%
Usd Profit	-	-	15320000.000	15133000.000	+1%	14893750.000	+3%	7453600.000	+106%	6947700.000	+121%
Usd Revenue	-	-	124694000.000	137605500.000	-9%	146717250.000	-15%	127164150.000	-2%	115494225.000	+8%
Usd Total Gains Per Share	-	-	0.317	0.306	+4%	0.416	-24%	0.320	-1%	0.245	+30%
	EOD	+4 -4	MRQ	TTM	+27 -8	YOY	+21 -14	5Y	+25 -10	10Y	+30 -5

4.2. Fundamental Score

Let's check the fundamental score of CTS Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	21.971
Price to Book Ratio (EOD)	Between	0-1	2.556
Net Profit Margin (MRQ)	Greater than	0	0.123
Operating Margin (MRQ)	Greater than	0	0.139
Quick Ratio (MRQ)	Greater than	1	2.498
Current Ratio (MRQ)	Greater than	1	3.291
Debt to Asset Ratio (MRQ)	Less than	1	0.289
Debt to Equity Ratio (MRQ)	Less than	1	0.407
Return on Equity (MRQ)	Greater than	0.15	0.029
Return on Assets (MRQ)	Greater than	0.05	0.021
Total			6/10 (60.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of CTS Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	39.103
Ma 20	Greater than	Ma 50	45.445
Ma 50	Greater than	Ma 100	45.024
Ma 100	Greater than	Ma 200	43.385
Open	Greater than	Close	43.660
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	741,167
Total Liabilities	214,345
Total Stockholder Equity	526,822

	As reported
Total Liabilities	214,345
Total Stockholder Equity	+ 526,822
Total Assets	= 741,167

Assets

Total Assets	741,167
Total Current Assets	319,349
Long-term Assets	421,818

Total Current Assets

Total Current Assets (as reported)	319,349
Cash And Cash Equivalents	163,876
Net Receivables	78,569
Inventory	60,031
Other Current Assets	16,873
Total Current Assets (calculated)	319,349
+/-	0

Long-term Assets

Long-term Assets (as reported)	421,818
Property Plant Equipment	119,017
Goodwill	157,638
Intangible Assets	103,957
Long-term Assets Other	15,317
Long-term Assets (calculated)	395,929
+/-	25,889

Liabilities & Shareholders' Equity

Total Current Liabilities	97,039
Long-term Liabilities	117,306
Total Stockholder Equity	526,822

Total Current Liabilities

Total Current Liabilities (as reported)	97,039
Short-term Debt	4,394
Accounts payable	43,499
Other Current Liabilities	46,979
Total Current Liabilities (calculated)	94,872
+/-	2,167

Long-term Liabilities

Long-term Liabilities (as reported)	117,306
Long term Debt	67,500
Capital Lease Obligations	29,359
Long-term Liabilities Other	5,457
Long-term Liabilities (calculated)	102,316
+/-	14,990

Total Stockholder Equity

Total Stockholder Equity (as reported)	526,822
Common Stock	319,269
Retained Earnings	602,232
Accumulated Other Comprehensive Income	4,264
Other Stockholders Equity	-398,943
Total Stockholder Equity (calculated)	526,822
+/-	0

Other

Capital Stock	319,269
Cash and Short Term Investments	163,876
Common Stock Shares Outstanding	31,239
Current Deferred Revenue	2,167
Liabilities and Stockholders Equity	741,167
Net Debt	-67,017
Net Invested Capital	594,322
Net Working Capital	222,310
Property Plant and Equipment Gross	362,584
Short Long Term Debt Total	96,859

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

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2002-12-31

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2002-03-31

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2001-03-31

2000-12-31

2000-09-30

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2000-03-31

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1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
213,300
0
0
0
207,900
0
0
0
205,400
0
0
0
188,000
0
0
0
176,600
178,200
180,200
179,100
172,500
174,000
175,500
178,000
176,400
179,300
180,800
180,200
170,800
175,700
179,700
179,900
185,100
187,300
187,100
190,600
206,800
213,200
214,900
221,600
227,100
236,700
235,400
241,100
249,400
170,800
329,900
334,900
329,600
314,800
309,200
306,200
293,200
431,400
454,800
475,000
522,700
518,539
550,394
607,851
672,929
646,113
629,682
595,814
567,931
550,806
546,991
514,247
490,032
475,607
480,023
482,973
482,250
504,861
512,080
510,443
522,177
594,641
540,899
548,864
533,936
538,179
554,151
561,485
527,833
527,833
534,119
538,062
543,692
582,306
575,729
581,308
488,455
435,660
394,355
406,680
407,657
422,439
447,447
470,881
482,584
499,989
495,423
516,475
480,815
508,666
490,089
481,376
561,066
564,550
528,673
539,863
480,265
474,182
479,631
488,762
456,926
471,197
489,270
488,741
484,133
540,339
519,834
513,571
517,697
527,695
538,390
543,283
537,685
548,692
542,553
549,592
548,341
574,008
580,701
648,001
643,354
685,165
663,389
655,853
626,049
634,665
647,298
651,973
664,462
684,746
729,634
734,679
748,487
747,007
755,906
753,962
741,167

741,167

753,962

755,906

747,007

748,487

734,679

729,634

684,746

664,462

651,973

647,298

634,665

626,049

655,853

663,389

685,165

643,354

648,001

580,701

574,008

548,341

549,592

542,553

548,692

537,685

543,283

538,390

527,695

517,697

513,571

519,834

540,339

484,133

488,741

489,270

471,197

456,926

488,762

479,631

474,182

480,265

539,863

528,673

564,550

561,066

481,376

490,089

508,666

480,815

516,475

495,423

499,989

482,584

470,881

447,447

422,439

407,657

406,680

394,355

435,660

488,455

581,308

575,729

582,306

543,692

538,062

534,119

527,833

561,485

554,151

538,179

533,936

548,864

540,899

594,641

522,177

510,443

512,080

504,861

482,250

482,973

480,023

475,607

490,032

514,247

546,991

550,806

567,931

595,814

629,682

646,113

672,929

607,851

550,394

518,539

522,700

475,000

454,800

431,400

293,200

306,200

309,200

314,800

329,600

334,900

329,900

170,800

249,400

241,100

235,400

236,700

227,100

221,600

214,900

213,200

206,800

190,600

187,100

187,300

185,100

179,900

179,700

175,700

170,800

180,200

180,800

179,300

176,400

178,000

175,500

174,000

172,500

179,100

180,200

178,200

176,600

188,000

205,400

207,900

213,300

> Total Current Assets

0
123,100
0
0
0
112,800
0
0
0
110,400
0
0
0
106,300
0
0
0
94,800
95,500
100,100
98,800
91,200
93,800
94,400
95,400
91,500
95,300
94,400
94,900
87,400
91,600
93,600
93,400
97,300
98,500
97,200
99,900
110,700
115,900
117,500
123,200
126,100
133,600
129,200
133,400
138,200
87,400
143,500
145,500
185,700
170,800
156,200
151,400
118,600
173,700
195,900
215,400
254,300
244,751
252,603
281,586
305,696
256,667
229,863
198,771
200,674
187,409
189,225
174,752
152,334
145,766
153,838
164,452
164,766
190,795
212,039
209,780
204,146
232,315
186,154
191,738
180,674
188,036
205,252
219,911
227,620
227,620
239,116
243,824
250,840
275,356
266,676
270,525
225,842
208,786
177,788
191,692
193,735
210,841
236,768
259,054
266,655
280,242
275,353
292,986
283,386
293,215
276,390
269,153
309,562
315,047
294,067
307,807
236,268
231,533
235,572
244,454
240,401
254,710
261,661
257,708
251,979
235,654
220,472
216,843
215,707
227,220
222,570
229,774
233,609
242,538
232,060
238,998
239,359
242,225
250,419
245,029
237,478
282,978
264,795
263,683
233,231
246,636
263,344
277,449
289,089
292,045
278,550
326,397
325,760
322,644
329,877
334,324
319,349

319,349

334,324

329,877

322,644

325,760

326,397

278,550

292,045

289,089

277,449

263,344

246,636

233,231

263,683

264,795

282,978

237,478

245,029

250,419

242,225

239,359

238,998

232,060

242,538

233,609

229,774

222,570

227,220

215,707

216,843

220,472

235,654

251,979

257,708

261,661

254,710

240,401

244,454

235,572

231,533

236,268

307,807

294,067

315,047

309,562

269,153

276,390

293,215

283,386

292,986

275,353

280,242

266,655

259,054

236,768

210,841

193,735

191,692

177,788

208,786

225,842

270,525

266,676

275,356

250,840

243,824

239,116

227,620

219,911

205,252

188,036

180,674

191,738

186,154

232,315

204,146

209,780

212,039

190,795

164,766

164,452

153,838

145,766

152,334

174,752

189,225

187,409

200,674

198,771

229,863

256,667

305,696

281,586

252,603

244,751

254,300

215,400

195,900

173,700

118,600

151,400

156,200

170,800

185,700

145,500

143,500

87,400

138,200

133,400

129,200

133,600

126,100

123,200

117,500

115,900

110,700

99,900

97,200

98,500

97,300

93,400

93,600

91,600

87,400

94,900

94,400

95,300

91,500

95,400

94,400

93,800

91,200

98,800

100,100

95,500

94,800

106,300

110,400

112,800

123,100

Cash And Cash Equivalents

0
13,300
0
0
0
16,100
0
0
0
20,200
0
0
0
23,400
0
0
0
13,300
11,100
15,400
14,500
13,400
14,300
15,400
18,600
18,100
16,300
16,400
18,900
18,500
15,200
18,800
20,300
23,500
18,400
11,200
14,000
24,900
21,700
19,300
29,600
37,300
42,300
32,700
36,600
45,000
18,500
30,700
49,600
39,800
9,300
10,100
18,000
16,300
16,400
15,000
9,100
24,200
22,526
21,111
16,179
20,564
14,123
18,590
7,849
13,255
7,672
15,047
11,627
9,225
7,661
6,665
19,646
25,346
32,861
48,199
47,925
61,005
58,237
14,194
17,085
12,029
12,637
17,651
29,723
38,630
38,630
37,161
44,956
52,868
59,347
45,370
53,711
44,628
44,622
26,835
40,329
51,167
58,764
65,234
73,031
73,315
74,163
75,056
89,172
76,412
84,441
83,039
88,620
109,571
109,432
86,044
96,730
124,368
118,969
127,230
130,884
134,508
138,333
146,791
150,755
156,928
130,964
119,912
114,433
113,805
121,819
107,814
116,152
113,572
121,383
102,861
103,754
100,933
100,708
105,578
101,199
100,241
150,955
145,981
131,740
91,773
103,392
117,397
128,527
141,465
126,118
98,739
147,908
156,910
143,537
150,878
160,112
163,876

163,876

160,112

150,878

143,537

156,910

147,908

98,739

126,118

141,465

128,527

117,397

103,392

91,773

131,740

145,981

150,955

100,241

101,199

105,578

100,708

100,933

103,754

102,861

121,383

113,572

116,152

107,814

121,819

113,805

114,433

119,912

130,964

156,928

150,755

146,791

138,333

134,508

130,884

127,230

118,969

124,368

96,730

86,044

109,432

109,571

88,620

83,039

84,441

76,412

89,172

75,056

74,163

73,315

73,031

65,234

58,764

51,167

40,329

26,835

44,622

44,628

53,711

45,370

59,347

52,868

44,956

37,161

38,630

29,723

17,651

12,637

12,029

17,085

14,194

58,237

61,005

47,925

48,199

32,861

25,346

19,646

6,665

7,661

9,225

11,627

15,047

7,672

13,255

7,849

18,590

14,123

20,564

16,179

21,111

22,526

24,200

9,100

15,000

16,400

16,300

18,000

10,100

9,300

39,800

49,600

30,700

18,500

45,000

36,600

32,700

42,300

37,300

29,600

19,300

21,700

24,900

14,000

11,200

18,400

23,500

20,300

18,800

15,200

18,500

18,900

16,400

16,300

18,100

18,600

15,400

14,300

13,400

14,500

15,400

11,100

13,300

23,400

20,200

16,100

13,300

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
679
1,258
1,561
1,451
1,629
1,532
0

1,532

1,629

1,451

1,561

1,258

679

Net Receivables

0
31,100
0
0
0
35,500
0
0
0
35,600
0
0
0
34,000
0
0
0
32,600
35,000
36,500
34,000
28,000
31,500
33,600
32,400
30,200
33,700
31,800
30,600
27,900
31,600
30,200
32,200
30,600
34,900
38,600
37,200
35,000
42,000
45,700
43,300
41,700
43,900
49,500
48,800
44,000
27,900
67,600
53,300
68,700
77,300
72,000
64,500
47,000
84,200
102,700
115,200
124,700
108,787
116,078
137,187
145,920
110,015
98,341
90,992
81,563
80,068
73,329
64,870
63,802
59,783
65,744
62,812
72,290
83,663
82,549
78,850
84,112
97,535
89,603
93,266
91,265
94,136
104,600
101,747
106,012
106,012
104,990
102,707
100,655
108,159
110,521
103,405
94,175
76,661
73,602
75,942
71,718
74,073
84,588
90,136
95,930
96,405
87,792
90,344
88,345
89,867
90,604
81,014
89,423
93,730
93,908
96,809
62,667
67,875
61,080
63,093
56,894
67,056
63,046
59,213
54,563
64,785
62,125
62,380
62,612
63,016
66,737
64,861
70,584
69,948
75,597
79,030
79,518
82,326
84,876
80,789
78,008
71,250
59,798
76,431
80,981
81,571
80,795
78,210
82,191
95,107
98,949
97,004
90,935
97,707
97,519
89,556
78,569

78,569

89,556

97,519

97,707

90,935

97,004

98,949

95,107

82,191

78,210

80,795

81,571

80,981

76,431

59,798

71,250

78,008

80,789

84,876

82,326

79,518

79,030

75,597

69,948

70,584

64,861

66,737

63,016

62,612

62,380

62,125

64,785

54,563

59,213

63,046

67,056

56,894

63,093

61,080

67,875

62,667

96,809

93,908

93,730

89,423

81,014

90,604

89,867

88,345

90,344

87,792

96,405

95,930

90,136

84,588

74,073

71,718

75,942

73,602

76,661

94,175

103,405

110,521

108,159

100,655

102,707

104,990

106,012

101,747

104,600

94,136

91,265

93,266

89,603

97,535

84,112

78,850

82,549

83,663

72,290

62,812

65,744

59,783

63,802

64,870

73,329

80,068

81,563

90,992

98,341

110,015

145,920

137,187

116,078

108,787

124,700

115,200

102,700

84,200

47,000

64,500

72,000

77,300

68,700

53,300

67,600

27,900

44,000

48,800

49,500

43,900

41,700

43,300

45,700

42,000

35,000

37,200

38,600

34,900

30,600

32,200

30,200

31,600

27,900

30,600

31,800

33,700

30,200

32,400

33,600

31,500

28,000

34,000

36,500

35,000

32,600

34,000

35,600

35,500

31,100

Other Current Assets

0
28,300
0
0
0
10,300
0
0
0
4,800
0
0
0
2,500
0
0
0
2,400
3,900
4,500
5,200
4,400
4,500
3,400
3,100
2,300
3,100
4,500
5,600
3,800
4,900
3,800
2,700
7,100
7,400
7,800
8,400
9,300
10,300
10,100
10,200
8,200
9,300
9,400
9,800
10,400
3,800
11,500
12,700
21,200
22,100
23,100
22,000
22,000
19,000
19,500
22,200
26,500
39,161
35,190
37,492
34,896
35,347
7,848
10,067
4,371
4,385
6,021
5,632
7,212
6,211
10,371
8,533
6,697
7,065
8,297
9,007
7,728
10,843
12,358
11,609
16,816
19,813
17,989
21,212
22,435
8,791
22,947
23,624
9,045
24,018
24,226
25,309
8,099
17,285
15,606
14,969
6,135
18,004
18,160
19,325
8,372
21,725
23,903
22,104
11,421
26,838
24,083
24,512
27,993
29,741
28,955
29,663
17,007
17,739
18,828
20,569
21,112
20,741
21,400
20,766
15,888
13,843
12,457
10,852
10,638
11,431
11,925
13,453
12,857
13,266
11,931
14,254
15,422
16,670
16,811
17,616
16,992
15,094
14,750
14,020
14,607
14,115
16,180
19,845
15,927
18,366
16,704
18,020
15,655
17,930
18,924
19,272
16,873

16,873

19,272

18,924

17,930

15,655

18,020

16,704

18,366

15,927

19,845

16,180

14,115

14,607

14,020

14,750

15,094

16,992

17,616

16,811

16,670

15,422

14,254

11,931

13,266

12,857

13,453

11,925

11,431

10,638

10,852

12,457

13,843

15,888

20,766

21,400

20,741

21,112

20,569

18,828

17,739

17,007

29,663

28,955

29,741

27,993

24,512

24,083

26,838

11,421

22,104

23,903

21,725

8,372

19,325

18,160

18,004

6,135

14,969

15,606

17,285

8,099

25,309

24,226

24,018

9,045

23,624

22,947

8,791

22,435

21,212

17,989

19,813

16,816

11,609

12,358

10,843

7,728

9,007

8,297

7,065

6,697

8,533

10,371

6,211

7,212

5,632

6,021

4,385

4,371

10,067

7,848

35,347

34,896

37,492

35,190

39,161

26,500

22,200

19,500

19,000

22,000

23,100

22,100

21,200

12,700

11,500

3,800

10,400

9,800

9,400

9,300

8,200

10,200

10,100

10,300

9,300

8,400

7,800

7,400

7,100

2,700

3,800

4,900

3,800

5,600

4,500

3,100

2,300

3,100

3,400

4,500

4,400

5,200

4,500

3,900

2,400

2,500

4,800

10,300

28,300

> Long-term Assets

0
90,200
0
0
0
95,100
0
0
0
95,000
0
0
0
81,700
0
0
0
81,800
82,700
80,100
80,300
81,300
80,200
81,100
82,600
84,900
84,000
86,400
85,300
83,400
84,100
86,100
86,500
87,800
88,800
89,900
90,700
96,100
97,300
97,400
98,400
101,000
103,100
106,200
107,700
111,200
83,400
186,400
189,400
143,900
144,000
153,000
154,800
174,600
257,700
258,900
259,600
268,400
273,788
297,791
326,265
367,233
389,446
399,819
397,043
367,257
363,397
357,766
339,495
337,698
329,841
326,185
318,521
317,484
314,066
300,041
300,663
318,031
362,326
354,745
357,126
353,262
350,143
348,899
341,574
0
300,213
295,003
294,238
292,852
306,950
309,053
310,783
262,613
226,874
216,567
214,988
213,922
211,598
210,679
211,827
215,929
219,747
220,070
223,489
197,429
215,451
213,699
212,223
251,504
249,503
234,606
232,056
243,997
242,649
244,059
244,308
216,525
216,487
227,609
231,033
232,154
304,685
299,362
296,728
301,990
300,475
315,820
313,509
304,076
306,154
310,493
310,594
308,982
331,783
330,282
402,972
405,876
402,187
398,593
392,170
392,818
388,029
383,954
374,524
375,373
392,701
451,084
408,282
422,727
424,363
426,029
419,638
421,818

421,818

419,638

426,029

424,363

422,727

408,282

451,084

392,701

375,373

374,524

383,954

388,029

392,818

392,170

398,593

402,187

405,876

402,972

330,282

331,783

308,982

310,594

310,493

306,154

304,076

313,509

315,820

300,475

301,990

296,728

299,362

304,685

232,154

231,033

227,609

216,487

216,525

244,308

244,059

242,649

243,997

232,056

234,606

249,503

251,504

212,223

213,699

215,451

197,429

223,489

220,070

219,747

215,929

211,827

210,679

211,598

213,922

214,988

216,567

226,874

262,613

310,783

309,053

306,950

292,852

294,238

295,003

300,213

341,574

348,899

350,143

353,262

357,126

354,745

362,326

318,031

300,663

300,041

314,066

317,484

318,521

326,185

329,841

337,698

339,495

357,766

363,397

367,257

397,043

399,819

389,446

367,233

326,265

297,791

273,788

268,400

259,600

258,900

257,700

174,600

154,800

153,000

144,000

143,900

189,400

186,400

83,400

111,200

107,700

106,200

103,100

101,000

98,400

97,400

97,300

96,100

90,700

89,900

88,800

87,800

86,500

86,100

84,100

83,400

85,300

86,400

84,000

84,900

82,600

81,100

80,200

81,300

80,300

80,100

82,700

81,800

81,700

95,000

95,100

90,200

Property Plant Equipment

0
68,900
0
0
0
75,600
0
0
0
73,800
0
0
0
57,600
0
0
0
54,600
54,500
54,500
52,900
53,200
50,900
50,800
51,700
53,800
51,700
52,400
50,500
48,500
47,700
48,200
47,600
47,800
47,900
47,900
47,400
50,800
50,600
49,700
49,400
50,700
51,600
53,600
54,000
56,100
48,500
59,000
59,700
76,000
75,700
84,100
84,200
67,200
144,000
144,300
130,400
139,700
149,460
168,415
194,679
224,861
244,164
251,433
222,070
191,958
186,382
178,941
161,062
148,632
142,913
136,847
127,350
122,481
118,148
116,914
115,669
112,495
115,675
112,445
113,588
109,676
106,278
104,450
96,292
96,468
96,468
92,926
91,391
92,825
96,268
96,285
93,812
90,756
87,728
85,505
83,395
81,120
78,600
79,338
79,409
78,213
79,976
79,211
81,952
84,860
89,680
91,171
89,721
95,736
94,115
91,068
89,480
74,870
74,441
74,430
74,157
71,414
70,462
70,166
68,932
69,872
77,456
76,973
79,329
82,111
83,268
85,174
84,291
88,247
90,685
93,630
96,670
99,401
123,490
123,724
127,156
129,682
126,872
123,717
121,504
120,718
118,468
116,167
114,989
118,470
120,253
122,089
118,536
120,002
118,149
120,724
120,425
119,017

119,017

120,425

120,724

118,149

120,002

118,536

122,089

120,253

118,470

114,989

116,167

118,468

120,718

121,504

123,717

126,872

129,682

127,156

123,724

123,490

99,401

96,670

93,630

90,685

88,247

84,291

85,174

83,268

82,111

79,329

76,973

77,456

69,872

68,932

70,166

70,462

71,414

74,157

74,430

74,441

74,870

89,480

91,068

94,115

95,736

89,721

91,171

89,680

84,860

81,952

79,211

79,976

78,213

79,409

79,338

78,600

81,120

83,395

85,505

87,728

90,756

93,812

96,285

96,268

92,825

91,391

92,926

96,468

96,292

104,450

106,278

109,676

113,588

112,445

115,675

112,495

115,669

116,914

118,148

122,481

127,350

136,847

142,913

148,632

161,062

178,941

186,382

191,958

222,070

251,433

244,164

224,861

194,679

168,415

149,460

139,700

130,400

144,300

144,000

67,200

84,200

84,100

75,700

76,000

59,700

59,000

48,500

56,100

54,000

53,600

51,600

50,700

49,400

49,700

50,600

50,800

47,400

47,900

47,800

47,600

48,200

47,700

48,500

50,500

52,400

51,700

53,800

51,700

50,800

50,900

53,200

52,900

54,500

54,600

57,600

73,800

75,600

68,900

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,600
5,500
5,400
0
5,100
0
4,800
0
0
0
4,100
0
3,900
3,700
3,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
514
513
513
513
0
0
0
513
0
0
0
513
29,759
24,300
24,269
24,657
24,700
24,657
24,657
24,657
24,657
24,657
24,657
24,657
28,107
30,943
32,468
33,150
33,153
0
0
500
500
500
500
500
500
500
500
500
7,872
5,855
6,759
36,350
35,156
35,156
35,156
32,047
32,047
32,047
32,047
32,047
32,047
32,047
32,047
33,865
66,975
61,744
61,744
61,744
61,744
69,582
68,933
69,046
71,057
71,057
71,057
71,057
71,057
71,057
108,142
106,056
106,056
106,056
106,056
109,497
109,468
109,898
109,798
109,798
117,524
139,617
138,945
152,361
155,651
155,931
154,130
157,638

157,638

154,130

155,931

155,651

152,361

138,945

139,617

117,524

109,798

109,898

109,468

109,497

106,056

108,142

71,057

69,046

68,933

69,582

61,744

66,975

33,865

32,047

35,156

36,350

6,759

5,855

7,872

500

33,153

33,150

32,468

30,943

28,107

24,657

24,700

24,657

24,269

24,300

29,759

513

514

3,600

3,700

3,900

4,100

4,800

5,100

5,400

5,500

5,600

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
751
0
0
0
693
870
835
742
369
176
17
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

176

369

742

835

870

693

751

Intangible Assets

0
17,700
0
0
0
10,600
0
0
0
10,300
0
0
0
9,300
0
0
0
8,600
8,400
8,300
8,200
8,100
7,800
7,600
7,500
7,500
7,200
7,200
7,000
6,700
6,500
6,400
6,200
5,800
5,600
5,500
5,400
5,200
5,100
4,900
4,800
4,600
4,400
4,300
4,100
4,000
6,700
3,700
3,600
0
0
0
0
0
32,200
31,300
45,600
53,300
47,810
49,220
47,720
-10,571
51,974
49,744
48,068
63,589
43,017
42,029
40,871
39,923
39,214
38,627
38,040
37,456
36,880
36,303
35,721
35,145
74,620
68,259
67,464
67,004
66,197
40,745
39,950
39,154
39,154
37,593
36,816
36,743
42,028
38,572
37,859
36,927
36,020
35,216
34,577
33,938
33,305
32,672
32,056
31,432
31,808
31,227
30,576
29,886
34,005
31,911
30,346
46,901
46,605
45,097
43,819
40,782
39,748
38,703
37,657
36,592
35,619
34,635
33,650
34,758
63,662
67,567
65,930
64,370
62,833
69,059
68,652
66,943
65,246
63,557
61,869
60,180
58,494
56,805
86,506
85,215
82,919
80,622
76,126
79,121
76,931
74,584
72,236
69,888
79,849
112,824
106,207
108,053
109,706
108,717
103,828
103,957

103,957

103,828

108,717

109,706

108,053

106,207

112,824

79,849

69,888

72,236

74,584

76,931

79,121

76,126

80,622

82,919

85,215

86,506

56,805

58,494

60,180

61,869

63,557

65,246

66,943

68,652

69,059

62,833

64,370

65,930

67,567

63,662

34,758

33,650

34,635

35,619

36,592

37,657

38,703

39,748

40,782

43,819

45,097

46,605

46,901

30,346

31,911

34,005

29,886

30,576

31,227

31,808

31,432

32,056

32,672

33,305

33,938

34,577

35,216

36,020

36,927

37,859

38,572

42,028

36,743

36,816

37,593

39,154

39,950

40,745

66,197

67,004

67,464

68,259

74,620

35,145

35,721

36,303

36,880

37,456

38,040

38,627

39,214

39,923

40,871

42,029

43,017

63,589

48,068

49,744

51,974

-10,571

47,720

49,220

47,810

53,300

45,600

31,300

32,200

3,600

3,700

6,700

4,000

4,100

4,300

4,400

4,600

4,800

4,900

5,100

5,200

5,400

5,500

5,600

5,800

6,200

6,400

6,500

6,700

7,000

7,200

7,500

7,600

7,800

8,100

8,200

8,300

8,400

8,600

9,300

10,300

10,600

17,700

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
124,328
129,376
131,586
142,372
145,282
148,386
174,973
175,299
177,015
178,825
178,433
189,066
186,928
189,338
191,171
195,003
195,918
183,127
184,994
205,536
246,651
242,300
243,538
243,586
244,741
245,325
246,158
203,745
201,071
202,077
202,847
200,027
210,682
212,768
216,971
171,857
139,146
131,062
131,593
132,802
132,998
131,341
132,418
137,716
139,771
140,859
141,537
112,569
125,771
122,528
122,502
157,893
155,388
143,538
142,576
169,127
168,208
169,629
170,151
145,111
308
157,443
162,101
162,282
227,229
222,389
217,399
219,879
217,207
230,646
229,218
217,840
215,469
81,414
80,256
77,975
78,742
78,679
81,168
84,923
86,340
1
112,211
106,763
83,162
83,305
77,501
77,217
74,813
76,554
42,522
42,311
40,857
40,657
41,255
0

41,255

40,657

40,857

42,311

42,522

76,554

74,813

77,217

77,501

83,305

83,162

106,763

112,211

86,340

84,923

81,168

78,679

78,742

77,975

80,256

81,414

215,469

217,840

229,218

230,646

217,207

219,879

217,399

222,389

227,229

162,282

162,101

157,443

308

145,111

170,151

169,629

168,208

169,127

142,576

143,538

155,388

157,893

122,502

122,528

125,771

112,569

141,537

140,859

139,771

137,716

132,418

131,341

132,998

132,802

131,593

131,062

139,146

171,857

216,971

212,768

210,682

200,027

202,847

202,077

201,071

203,745

246,158

245,325

244,741

243,586

243,538

242,300

246,651

205,536

184,994

183,127

195,918

195,003

191,171

189,338

186,928

189,066

178,433

178,825

177,015

175,299

174,973

148,386

145,282

142,372

131,586

129,376

124,328

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,050
58,282
76,200
75,552
75,045
74,642
73,158
72,207
61,209
59,869
38,620
36,309
34,744
32,963
43,120
42,586
0
0
58,544
0
0
0
45,839
0
0
0
20,694
0
0
0
22,201
0
0
0
19,795
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

19,795

22,201

20,694

45,839

58,544

42,586

43,120

32,963

34,744

36,309

38,620

59,869

61,209

72,207

73,158

74,642

75,045

75,552

76,200

58,282

59,050

> Total Liabilities

0
77,200
0
0
0
91,000
0
0
0
79,900
0
0
0
72,100
0
0
0
51,700
58,500
59,200
57,200
50,200
52,600
54,000
55,600
53,900
57,300
58,300
59,200
51,400
59,600
62,400
62,000
65,900
66,200
62,000
62,400
74,900
78,100
76,000
79,200
80,800
86,900
80,800
82,200
83,200
51,400
150,600
149,000
182,100
190,500
197,600
191,100
169,400
306,800
318,300
322,400
357,900
329,512
343,287
385,379
426,572
399,335
399,660
354,639
325,058
279,778
271,021
250,763
225,012
211,344
211,278
197,421
188,059
208,470
209,376
206,824
211,473
270,295
218,191
224,674
204,365
201,941
210,918
211,637
208,810
208,810
208,579
208,440
219,445
257,910
241,871
242,281
211,277
193,092
157,228
164,785
160,203
171,244
190,565
205,737
208,334
218,493
209,680
225,421
217,518
243,769
224,619
209,023
293,308
294,828
267,046
270,232
183,370
172,472
174,386
177,243
167,137
178,063
183,738
193,137
202,479
252,091
217,200
207,303
199,815
201,611
201,910
196,674
193,880
192,960
178,793
173,387
170,412
187,115
185,156
252,807
238,135
287,699
262,497
241,887
202,367
198,949
192,989
194,599
200,884
204,568
243,687
244,067
242,263
232,871
234,511
231,295
214,345

214,345

231,295

234,511

232,871

242,263

244,067

243,687

204,568

200,884

194,599

192,989

198,949

202,367

241,887

262,497

287,699

238,135

252,807

185,156

187,115

170,412

173,387

178,793

192,960

193,880

196,674

201,910

201,611

199,815

207,303

217,200

252,091

202,479

193,137

183,738

178,063

167,137

177,243

174,386

172,472

183,370

270,232

267,046

294,828

293,308

209,023

224,619

243,769

217,518

225,421

209,680

218,493

208,334

205,737

190,565

171,244

160,203

164,785

157,228

193,092

211,277

242,281

241,871

257,910

219,445

208,440

208,579

208,810

211,637

210,918

201,941

204,365

224,674

218,191

270,295

211,473

206,824

209,376

208,470

188,059

197,421

211,278

211,344

225,012

250,763

271,021

279,778

325,058

354,639

399,660

399,335

426,572

385,379

343,287

329,512

357,900

322,400

318,300

306,800

169,400

191,100

197,600

190,500

182,100

149,000

150,600

51,400

83,200

82,200

80,800

86,900

80,800

79,200

76,000

78,100

74,900

62,400

62,000

66,200

65,900

62,000

62,400

59,600

51,400

59,200

58,300

57,300

53,900

55,600

54,000

52,600

50,200

57,200

59,200

58,500

51,700

72,100

79,900

91,000

77,200

> Total Current Liabilities

0
48,000
0
0
0
52,900
0
0
0
44,000
0
0
0
47,300
0
0
0
37,900
39,900
43,500
43,100
39,100
38,700
40,200
41,700
39,600
36,700
38,200
38,400
37,300
44,100
48,400
50,600
49,900
52,500
49,600
51,100
44,800
48,000
46,800
47,900
51,000
56,900
51,100
52,600
51,400
37,300
70,600
69,800
92,400
96,000
101,200
90,700
82,400
109,400
119,600
144,700
154,500
134,907
156,438
178,341
202,891
155,624
152,459
126,430
153,857
126,953
104,279
100,653
134,556
120,877
102,574
93,037
95,689
110,790
107,936
103,365
102,961
121,179
116,895
114,108
119,933
117,527
130,302
131,594
125,681
125,681
126,169
128,359
128,919
123,645
132,257
125,247
113,241
90,027
89,127
98,465
90,516
96,228
107,371
111,735
120,100
120,825
118,051
122,234
124,237
116,216
109,378
96,073
114,916
108,394
117,480
121,765
94,954
83,184
85,298
84,295
79,982
82,850
83,483
91,603
101,351
100,533
97,095
101,135
98,129
92,996
94,563
100,842
102,412
102,461
105,146
105,660
103,993
97,504
96,315
100,551
96,948
93,238
77,771
95,119
104,932
106,710
102,311
105,072
114,066
115,040
115,376
121,939
112,532
105,776
107,182
103,426
97,039

97,039

103,426

107,182

105,776

112,532

121,939

115,376

115,040

114,066

105,072

102,311

106,710

104,932

95,119

77,771

93,238

96,948

100,551

96,315

97,504

103,993

105,660

105,146

102,461

102,412

100,842

94,563

92,996

98,129

101,135

97,095

100,533

101,351

91,603

83,483

82,850

79,982

84,295

85,298

83,184

94,954

121,765

117,480

108,394

114,916

96,073

109,378

116,216

124,237

122,234

118,051

120,825

120,100

111,735

107,371

96,228

90,516

98,465

89,127

90,027

113,241

125,247

132,257

123,645

128,919

128,359

126,169

125,681

131,594

130,302

117,527

119,933

114,108

116,895

121,179

102,961

103,365

107,936

110,790

95,689

93,037

102,574

120,877

134,556

100,653

104,279

126,953

153,857

126,430

152,459

155,624

202,891

178,341

156,438

134,907

154,500

144,700

119,600

109,400

82,400

90,700

101,200

96,000

92,400

69,800

70,600

37,300

51,400

52,600

51,100

56,900

51,000

47,900

46,800

48,000

44,800

51,100

49,600

52,500

49,900

50,600

48,400

44,100

37,300

38,400

38,200

36,700

39,600

41,700

40,200

38,700

39,100

43,100

43,500

39,900

37,900

47,300

44,000

52,900

48,000

Short-term Debt

0
14,500
0
0
0
13,100
0
0
0
6,600
0
0
0
5,400
0
0
0
3,300
6,200
8,100
12,200
8,900
6,100
7,600
8,200
9,400
6,600
7,000
6,500
6,600
6,200
9,600
13,400
13,200
11,800
3,400
6,200
7,700
6,300
5,600
5,200
8,900
10,300
2,200
2,200
2,400
6,600
3,900
4,600
5,500
6,000
6,300
6,700
14,000
10,300
11,500
12,800
5,000
6,250
7,500
8,750
17,397
19,993
24,508
19,031
27,500
13,911
0
0
28,350
18,200
0
0
0
0
0
0
3,311
3,954
3,302
3,185
13,463
14,294
12,268
9,634
186
5,611
1,506
1,934
1,000
0
0
0
0
197
0
0
0
0
0
0
0
0
246
0
0
0
0
0
0
0
0
0
0
0
0
0
75,380
13,360
0
0
-47,861
141,300
110,800
96,000
1,006
1,006
1,059
82,300
-14,222
9,174
10,592
5,999
8,890
2,076
2,076
2,677
2,787
3,178
3,051
3,149
3,294
3,271
3,360
3,354
3,393
3,522
3,612
3,532
3,936
4,032
4,293
4,444
4,394

4,394

4,444

4,293

4,032

3,936

3,532

3,612

3,522

3,393

3,354

3,360

3,271

3,294

3,149

3,051

3,178

2,787

2,677

2,076

8,890

5,999

10,592

9,174

-14,222

82,300

1,059

1,006

96,000

110,800

141,300

-47,861

13,360

75,380

246

197

1,000

1,934

1,506

5,611

186

9,634

12,268

14,294

13,463

3,185

3,302

3,954

3,311

18,200

28,350

13,911

27,500

19,031

24,508

19,993

17,397

8,750

7,500

6,250

5,000

12,800

11,500

10,300

14,000

6,700

6,300

6,000

5,500

4,600

3,900

6,600

2,400

2,200

10,300

8,900

5,200

5,600

6,300

7,700

6,200

3,400

11,800

13,200

13,400

9,600

6,200

6,600

6,500

7,000

6,600

9,400

8,200

7,600

6,100

8,900

12,200

8,100

6,200

3,300

5,400

6,600

13,100

14,500

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
75,380
13,360
0
0
90,677
9,820
1,006
1,006
90,106
11,835
93,859
82,300
76,300
8,719
57,000
0
0
2,076
2,076
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2,076

57,000

8,719

76,300

82,300

93,859

11,835

90,106

1,006

9,820

90,677

13,360

75,380

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,200
12,700
13,100
8,400
11,100
10,800
11,600
11,300
10,300
10,600
11,900
12,400
11,400
13,100
13,700
12,700
11,600
14,000
16,900
15,900
12,800
16,900
16,100
15,900
15,600
21,000
19,400
17,400
17,100
11,400
26,400
20,000
28,200
29,600
25,100
20,400
17,400
36,500
39,400
62,100
68,300
57,436
69,803
98,548
100,394
57,655
55,517
58,223
50,842
48,826
47,044
45,604
44,490
47,453
45,371
47,342
52,252
59,120
64,352
59,454
55,614
72,731
70,044
66,637
67,196
62,681
74,060
75,641
78,205
78,205
81,611
84,445
84,217
78,802
85,658
78,910
71,285
53,428
52,960
62,211
52,344
59,531
68,190
70,534
75,384
79,409
77,087
78,909
80,468
74,559
66,477
59,207
67,718
68,328
70,694
71,512
47,052
43,939
43,724
45,405
43,343
44,168
45,724
39,483
40,299
44,031
41,679
43,290
40,046
41,937
42,660
45,479
49,201
51,937
51,652
52,177
51,975
52,884
50,942
48,434
48,219
46,766
32,820
46,739
50,489
53,315
47,753
48,976
55,537
60,010
60,662
65,687
53,211
53,410
53,119
49,848
43,499

43,499

49,848

53,119

53,410

53,211

65,687

60,662

60,010

55,537

48,976

47,753

53,315

50,489

46,739

32,820

46,766

48,219

48,434

50,942

52,884

51,975

52,177

51,652

51,937

49,201

45,479

42,660

41,937

40,046

43,290

41,679

44,031

40,299

39,483

45,724

44,168

43,343

45,405

43,724

43,939

47,052

71,512

70,694

68,328

67,718

59,207

66,477

74,559

80,468

78,909

77,087

79,409

75,384

70,534

68,190

59,531

52,344

62,211

52,960

53,428

71,285

78,910

85,658

78,802

84,217

84,445

81,611

78,205

75,641

74,060

62,681

67,196

66,637

70,044

72,731

55,614

59,454

64,352

59,120

52,252

47,342

45,371

47,453

44,490

45,604

47,044

48,826

50,842

58,223

55,517

57,655

100,394

98,548

69,803

57,436

68,300

62,100

39,400

36,500

17,400

20,400

25,100

29,600

28,200

20,000

26,400

11,400

17,100

17,400

19,400

21,000

15,600

15,900

16,100

16,900

12,800

15,900

16,900

14,000

11,600

12,700

13,700

13,100

11,400

12,400

11,900

10,600

10,300

11,300

11,600

10,800

11,100

8,400

13,100

12,700

11,200

Other Current Liabilities

0
33,500
0
0
0
39,800
0
0
0
37,400
0
0
0
41,900
0
0
0
23,400
21,000
22,300
22,500
19,100
21,800
21,000
22,200
19,900
19,500
19,300
19,500
19,300
24,800
25,100
24,500
25,100
26,700
29,300
29,000
24,300
24,800
25,100
26,800
26,500
25,600
29,500
33,000
31,900
19,300
40,300
45,200
58,700
60,400
69,800
63,600
51,000
62,600
68,700
69,800
81,200
71,221
79,135
71,043
85,100
77,976
85,000
49,176
75,515
65,605
57,235
55,049
61,716
55,224
57,203
45,695
43,437
51,670
43,584
43,911
9,109
44,494
43,549
44,286
6,127
40,552
43,974
46,319
34,099
7,766
43,052
41,980
5,581
44,843
46,599
46,337
41,956
36,402
36,167
36,254
38,172
36,697
39,181
41,201
44,716
41,416
40,718
43,325
43,769
41,657
42,901
36,866
47,198
40,066
46,786
50,253
47,902
39,245
41,574
38,890
36,639
38,682
37,759
52,120
50,369
56,502
55,416
57,845
11,238
37,991
39,687
55,363
46,739
39,129
40,238
44,674
41,147
41,411
41,034
46,691
43,065
3,256
2,220
1,287
26,899
673
680
684
29,721
51,508
27,701
29,728
31,924
48,334
47,352
17
46,979

46,979

47,352

48,334

31,924

29,728

27,701

51,508

29,721

684

680

673

26,899

1,287

2,220

3,256

43,065

46,691

41,034

41,411

41,147

44,674

40,238

39,129

46,739

55,363

39,687

37,991

11,238

57,845

55,416

56,502

50,369

52,120

37,759

38,682

36,639

38,890

41,574

39,245

47,902

50,253

46,786

40,066

47,198

36,866

42,901

41,657

43,769

43,325

40,718

41,416

44,716

41,201

39,181

36,697

38,172

36,254

36,167

36,402

41,956

46,337

46,599

44,843

5,581

41,980

43,052

7,766

34,099

46,319

43,974

40,552

6,127

44,286

43,549

44,494

9,109

43,911

43,584

51,670

43,437

45,695

57,203

55,224

61,716

55,049

57,235

65,605

75,515

49,176

85,000

77,976

85,100

71,043

79,135

71,221

81,200

69,800

68,700

62,600

51,000

63,600

69,800

60,400

58,700

45,200

40,300

19,300

31,900

33,000

29,500

25,600

26,500

26,800

25,100

24,800

24,300

29,000

29,300

26,700

25,100

24,500

25,100

24,800

19,300

19,500

19,300

19,500

19,900

22,200

21,000

21,800

19,100

22,500

22,300

21,000

23,400

41,900

37,400

39,800

33,500

> Long-term Liabilities

0
29,200
0
0
0
38,100
0
0
0
35,900
0
0
0
24,800
0
0
0
13,800
18,600
15,700
14,100
11,100
13,900
13,800
13,900
14,300
20,600
20,100
20,800
14,100
15,500
14,000
11,400
16,000
13,700
12,400
11,300
30,100
30,100
29,200
31,300
29,800
30,000
29,700
29,600
31,800
14,100
80,000
79,200
89,700
94,500
96,400
100,400
87,000
197,400
198,700
177,700
203,400
194,605
186,849
207,038
223,681
243,711
247,201
228,209
171,201
152,825
166,742
150,110
90,456
90,467
108,704
104,384
92,370
97,680
101,440
103,459
108,512
149,116
101,296
110,566
84,432
84,414
80,616
80,043
0
83,129
82,410
80,081
90,526
134,265
109,614
117,034
98,036
103,065
68,101
66,320
69,687
75,016
83,194
94,002
88,234
97,668
91,629
103,187
93,281
127,553
115,241
112,950
178,392
186,434
149,566
148,467
88,416
89,288
89,088
92,948
87,155
95,213
100,255
101,534
101,128
151,558
120,105
106,168
101,686
108,615
107,347
95,832
91,468
90,499
73,647
67,727
66,419
89,611
88,841
152,256
141,187
194,461
184,726
146,768
97,435
92,239
90,678
89,527
86,818
89,528
128,311
122,128
129,731
127,095
127,329
127,869
117,306

117,306

127,869

127,329

127,095

129,731

122,128

128,311

89,528

86,818

89,527

90,678

92,239

97,435

146,768

184,726

194,461

141,187

152,256

88,841

89,611

66,419

67,727

73,647

90,499

91,468

95,832

107,347

108,615

101,686

106,168

120,105

151,558

101,128

101,534

100,255

95,213

87,155

92,948

89,088

89,288

88,416

148,467

149,566

186,434

178,392

112,950

115,241

127,553

93,281

103,187

91,629

97,668

88,234

94,002

83,194

75,016

69,687

66,320

68,101

103,065

98,036

117,034

109,614

134,265

90,526

80,081

82,410

83,129

80,043

80,616

84,414

84,432

110,566

101,296

149,116

108,512

103,459

101,440

97,680

92,370

104,384

108,704

90,467

90,456

150,110

166,742

152,825

171,201

228,209

247,201

243,711

223,681

207,038

186,849

194,605

203,400

177,700

198,700

197,400

87,000

100,400

96,400

94,500

89,700

79,200

80,000

14,100

31,800

29,600

29,700

30,000

29,800

31,300

29,200

30,100

11,300

12,400

13,700

16,000

11,400

14,000

15,500

14,100

20,800

20,100

20,600

14,300

13,900

13,800

13,900

11,100

14,100

15,700

18,600

13,800

24,800

35,900

38,100

29,200

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,500
89,700
74,400
108,700
97,000
94,500
153,500
164,000
129,500
128,600
75,000
76,600
76,200
80,300
75,000
83,200
88,700
90,500
90,700
0
0
0
89,100
0
0
0
76,300
0
0
0
50,000
50,000
50,000
112,700
99,700
151,200
141,300
106,300
54,600
50,000
50,000
50,000
50,000
50,000
91,027
85,478
83,670
80,261
77,040
76,665
0

76,665

77,040

80,261

83,670

85,478

91,027

50,000

54,600

106,300

141,300

151,200

99,700

112,700

50,000

76,300

89,100

90,700

90,500

88,700

83,200

75,000

80,300

76,200

76,600

75,000

128,600

129,500

164,000

153,500

94,500

97,000

108,700

74,400

89,700

74,500

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,050
58,282
76,200
75,552
75,045
74,642
73,158
72,207
61,209
59,869
38,620
36,309
34,744
32,963
43,120
42,586
0
0
58,544
0
0
0
45,839
0
0
0
20,694
0
0
0
22,201
0
0
0
19,795
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

19,795

22,201

20,694

45,839

58,544

42,586

43,120

32,963

34,744

36,309

38,620

59,869

61,209

72,207

73,158

74,642

75,045

75,552

76,200

58,282

59,050

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,842
11,586
11,275
11,069
10,849
7,804
7,406
7,274
7,178
7,129
7,001
11,501
11,505
11,393
12,038
11,133
11,101
11,026
11,079
11,519
15,255
15,694
15,843
16,139
16,206
16,350
19,398
22,494
22,668
22,410
20,081
18,526
17,565
17,314
16,934
16,883
17,201
17,101
16,820
18,797
19,016
17,294
16,902
16,805
17,368
17,129
13,487
15,281
18,853
18,241
18,450
22,992
22,434
20,066
19,867
13,216
12,688
12,888
12,648
11,960
161
11,555
11,034
9,978
10,258
9,305
10,168
10,219
14,615
14,547
13,532
13,377
13,101
16,647
17,727
16,419
14,456
14,139
14,179
16,483
16,343
16,994
14,932
19,672
17,657
16,826
17,265
15,464
16,816
15,433
14,553
24,307
0
0
25,188
0

25,188

24,307

14,553

15,433

16,816

15,464

17,265

16,826

17,657

19,672

14,932

16,994

16,343

16,483

14,179

14,139

14,456

16,419

17,727

16,647

13,101

13,377

13,532

14,547

14,615

10,219

10,168

9,305

10,258

9,978

11,034

11,555

161

11,960

12,648

12,888

12,688

13,216

19,867

20,066

22,434

22,992

18,450

18,241

18,853

15,281

13,487

17,129

17,368

16,805

16,902

17,294

19,016

18,797

16,820

17,101

17,201

16,883

16,934

17,314

17,565

18,526

20,081

22,410

22,668

22,494

19,398

16,350

16,206

16,139

15,843

15,694

15,255

11,519

11,079

11,026

11,101

11,133

12,038

11,393

11,505

11,501

7,001

7,129

7,178

7,274

7,406

7,804

10,849

11,069

11,275

11,586

13,842

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,336
0
0
0
604
0
0
0
380
0
0
0
0
0
0
0
0
0
0
0
3,802
0
0
0
3,990
0
0
0
5,637
5,576
6,303
6,223
7,010
6,892
6,924
6,907
5,894
5,865
6,174
5,515
16,010
15,786
0
0
0

15,786

16,010

5,515

6,174

5,865

5,894

6,907

6,924

6,892

7,010

6,223

6,303

5,576

5,637

3,990

3,802

380

604

1,336

> Total Stockholder Equity

0
136,100
0
0
0
116,900
0
0
0
125,500
0
0
0
115,900
0
0
0
124,900
119,700
121,000
121,900
122,300
121,400
121,500
122,400
122,500
122,000
122,500
121,000
119,400
116,100
117,300
117,900
119,200
121,100
125,100
128,200
131,900
135,100
138,900
142,400
146,300
149,800
154,600
158,900
166,200
119,400
179,300
185,900
147,500
124,300
111,600
115,100
123,800
124,600
136,500
152,600
164,800
189,027
207,107
222,472
246,357
246,778
230,022
241,175
242,873
271,028
275,970
263,484
265,020
264,263
268,745
285,552
294,191
296,391
302,704
303,619
310,704
324,346
322,708
324,190
329,571
336,238
343,233
349,848
319,023
319,023
325,540
329,622
324,247
324,396
333,858
339,027
277,178
242,568
237,127
241,895
247,454
251,195
256,882
265,144
274,250
281,496
285,743
291,054
263,297
264,897
265,470
272,353
267,758
269,722
261,627
269,631
296,895
301,710
305,245
311,519
289,789
293,134
305,532
295,604
281,654
288,248
302,634
306,268
317,882
326,084
336,480
346,609
343,805
355,732
363,760
376,205
377,929
386,893
395,545
395,194
405,219
397,466
400,892
413,966
423,682
435,716
454,309
457,374
463,578
480,178
485,947
490,612
506,224
514,136
521,395
522,667
526,822

526,822

522,667

521,395

514,136

506,224

490,612

485,947

480,178

463,578

457,374

454,309

435,716

423,682

413,966

400,892

397,466

405,219

395,194

395,545

386,893

377,929

376,205

363,760

355,732

343,805

346,609

336,480

326,084

317,882

306,268

302,634

288,248

281,654

295,604

305,532

293,134

289,789

311,519

305,245

301,710

296,895

269,631

261,627

269,722

267,758

272,353

265,470

264,897

263,297

291,054

285,743

281,496

274,250

265,144

256,882

251,195

247,454

241,895

237,127

242,568

277,178

339,027

333,858

324,396

324,247

329,622

325,540

319,023

349,848

343,233

336,238

329,571

324,190

322,708

324,346

310,704

303,619

302,704

296,391

294,191

285,552

268,745

264,263

265,020

263,484

275,970

271,028

242,873

241,175

230,022

246,778

246,357

222,472

207,107

189,027

164,800

152,600

136,500

124,600

123,800

115,100

111,600

124,300

147,500

185,900

179,300

119,400

166,200

158,900

154,600

149,800

146,300

142,400

138,900

135,100

131,900

128,200

125,100

121,100

119,200

117,900

117,300

116,100

119,400

121,000

122,500

122,000

122,500

122,400

121,500

121,400

122,300

121,900

121,000

119,700

124,900

115,900

125,500

116,900

136,100

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,800
33,900
33,800
0
33,500
0
33,600
0
0
0
33,400
0
33,400
33,600
33,800
0
189,700
189,900
190,100
0
192,400
193,000
193,500
193,600
197,721
198,505
198,736
198,877
199,313
200,729
216,019
213,947
230,785
238,255
239,660
241,393
241,442
244,346
255,910
262,748
263,048
263,040
263,081
263,297
274,520
274,567
274,650
275,211
275,485
276,200
276,290
276,553
277,100
278,200
278,821
278,916
279,000
280,146
280,248
280,266
280,500
282,200
282,200
282,491
283,600
285,200
285,400
285,515
286,500
287,635
287,652
287,661
289,848
291,000
291,512
291,512
294,288
296,102
296,315
297,164
299,748
299,748
299,762
299,892
300,706
300,869
300,897
300,909
302,139
302,146
302,156
302,832
303,736
304,715
304,726
304,777
305,722
306,570
303,641
306,697
307,664
307,775
307,801
307,932
310,098
310,953
310,976
311,190
313,008
314,341
314,351
314,620
316,496
316,502
316,520
316,803
318,785
319,111
319,125
319,269

319,269

319,125

319,111

318,785

316,803

316,520

316,502

316,496

314,620

314,351

314,341

313,008

311,190

310,976

310,953

310,098

307,932

307,801

307,775

307,664

306,697

303,641

306,570

305,722

304,777

304,726

304,715

303,736

302,832

302,156

302,146

302,139

300,909

300,897

300,869

300,706

299,892

299,762

299,748

297,164

296,315

296,102

294,288

291,512

291,000

289,848

287,661

287,652

287,635

286,500

285,515

285,400

285,200

283,600

282,491

282,200

280,500

280,266

280,248

280,146

279,000

278,916

278,821

278,200

277,100

276,553

276,290

276,200

275,485

275,211

274,650

274,567

274,520

263,297

263,081

263,040

263,048

262,748

255,910

244,346

241,442

241,393

239,660

238,255

230,785

213,947

216,019

200,729

199,313

198,877

198,736

198,505

197,721

193,600

193,500

193,000

192,400

190,100

189,900

189,700

33,800

33,600

33,400

33,600

33,500

33,800

33,900

33,800

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
342,709
347,542
352,205
353,295
355,410
360,139
367,800
370,194
357,681
363,320
358,997
362,724
367,740
374,515
380,145
385,100
402,863
396,796
381,840
388,392
401,569
403,979
410,979
418,149
426,797
435,099
420,160
430,388
436,274
445,160
478,847
488,951
499,585
501,003
509,766
512,276
515,841
525,624
539,281
549,977
549,553
484,368
492,242
511,197
522,506
533,036
546,703
563,787
0
0
0

563,787

546,703

533,036

522,506

511,197

492,242

484,368

549,553

549,977

539,281

525,624

515,841

512,276

509,766

501,003

499,585

488,951

478,847

445,160

436,274

430,388

420,160

435,099

426,797

418,149

410,979

403,979

401,569

388,392

381,840

396,796

402,863

385,100

380,145

374,515

367,740

362,724

358,997

363,320

357,681

370,194

367,800

360,139

355,410

353,295

352,205

347,542

342,709

Accumulated Other Comprehensive Income

0
-88,900
0
0
0
-93,500
0
0
0
-102,800
0
0
0
-123,500
0
0
0
-132,400
-135,200
-137,100
-136,400
-135,200
-136,600
-138,200
-140,600
-141,100
-143,400
-144,200
-140,400
-138,100
-140,300
-142,700
-144,900
-134,600
-2,200
-1,200
-200
-139,600
400
-135,500
-400
-131,400
-131,200
-133,600
-1,000
-133,300
-138,100
1,600
0
-130,900
2,200
1,600
2,600
-136,700
400
-100
800
300
-106
-1,319
-2,094
-1,561
-2,541
-2,671
-1,755
-1,702
-2,362
-1,317
-937
-835
-1,339
-605
-543
151
529
846
472
1,348
953
-611
-1,022
-244
291
1,739
2,671
-31,000
-31,283
-29,463
-28,381
-29,808
-29,391
-29,325
-31,380
-98,626
-97,784
-94,875
-94,448
-93,285
-93,989
-93,505
-91,833
-87,555
-85,831
-85,074
-84,584
-115,146
-113,026
-113,139
-111,254
-120,604
-120,733
-118,657
-116,351
-81,897
-80,739
-79,382
-79,174
-104,233
-104,165
-101,900
-101,785
-99,005
-98,212
-97,649
-97,178
-93,194
-91,530
-90,540
-89,485
-78,960
-76,803
-75,862
-74,080
-97,739
-96,548
-95,903
-95,718
-91,726
-94,994
-93,155
-90,908
-95,921
-94,363
-77,070
-4,842
-4,525
-3,445
-2,670
-8,849
-671
698
3,691
-675
4,264

4,264

-675

3,691

698

-671

-8,849

-2,670

-3,445

-4,525

-4,842

-77,070

-94,363

-95,921

-90,908

-93,155

-94,994

-91,726

-95,718

-95,903

-96,548

-97,739

-74,080

-75,862

-76,803

-78,960

-89,485

-90,540

-91,530

-93,194

-97,178

-97,649

-98,212

-99,005

-101,785

-101,900

-104,165

-104,233

-79,174

-79,382

-80,739

-81,897

-116,351

-118,657

-120,733

-120,604

-111,254

-113,139

-113,026

-115,146

-84,584

-85,074

-85,831

-87,555

-91,833

-93,505

-93,989

-93,285

-94,448

-94,875

-97,784

-98,626

-31,380

-29,325

-29,391

-29,808

-28,381

-29,463

-31,283

-31,000

2,671

1,739

291

-244

-1,022

-611

953

1,348

472

846

529

151

-543

-605

-1,339

-835

-937

-1,317

-2,362

-1,702

-1,755

-2,671

-2,541

-1,561

-2,094

-1,319

-106

300

800

-100

400

-136,700

2,600

1,600

2,200

-130,900

1,600

-138,100

-133,300

-1,000

-133,600

-131,200

-131,400

-400

-135,500

400

-139,600

-200

-1,200

-2,200

-134,600

-144,900

-142,700

-140,300

-138,100

-140,400

-144,200

-143,400

-141,100

-140,600

-138,200

-136,600

-135,200

-136,400

-137,100

-135,200

-132,400

-123,500

-102,800

-93,500

-88,900

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,808
38,790
39,161
38,098
38,402
39,090
40,008
37,979
38,952
39,529
39,631
37,638
38,037
38,666
39,153
39,554
40,237
40,481
41,166
39,185
39,824
40,567
40,521
38,985
38,764
39,525
41,084
39,681
40,034
44,740
42,820
40,371
41,786
42,849
43,689
39,832
39,775
40,796
41,654
39,616
40,007
40,958
42,549
41,158
42,585
44,659
46,144
42,423
43,488
44,718
0

44,718

43,488

42,423

46,144

44,659

42,585

41,158

42,549

40,958

40,007

39,616

41,654

40,796

39,775

39,832

43,689

42,849

41,786

40,371

42,820

44,740

40,034

39,681

41,084

39,525

38,764

38,985

40,521

40,567

39,824

39,185

41,166

40,481

40,237

39,554

39,153

38,666

38,037

37,638

39,631

39,529

38,952

37,979

40,008

39,090

38,402

38,098

39,161

38,790

37,808

Treasury Stock

-411,557

-402,755

-394,754

-392,976

-385,228

-381,308

-377,461

-372,522

-369,746

-364,442

-360,741

-357,698

-353,545

-352,696

-343,256

-340,785

-336,537

-328,061

-325,168

-322,250

-320,898

-317,661

-317,166

-313,182

-312,451

-312,006

-310,958

-307,134

-306,227

-303,318

-300,584

-298,346

-297,335

-297,009

-296,781

-289,972

-278,518

-273,892

-269,549

-269,516

-268,053

-267,875

-267,126

-267,095

-263,336

-259,185

-255,766

-255,676

-253,671

-253,663

-253,658

-253,669

-254,006

-254,137

-254,133

-254,775

-254,769

-270,513

-287,538

-291,263

-291,373

-291,367

-291,439

-286,412

-285,188

Other Stockholders Equity

0
119,100
0
0
0
123,900
0
0
0
133,800
0
0
0
151,600
0
0
0
158,700
155,700
156,700
156,300
155,400
155,800
157,000
85,000
161,100
163,000
164,800
160,300
156,500
158,800
161,100
163,300
152,900
-13,300
-13,800
-14,100
159,000
-13,800
155,600
-13,100
151,200
150,800
153,600
-12,200
155,400
156,500
-13,500
-12,300
115,200
-238,600
-259,700
-264,800
63,200
-266,800
-268,600
-269,900
-112,000
-272,300
-272,200
-275,900
-89,151
-274,200
-274,000
-67,031
-40,850
-19,463
86
-230,000
-230,623
-230,462
-230,560
-230,410
-232,138
-232,050
-231,859
-233,455
-233,005
-232,477
-235,467
-238,891
-242,352
-241,643
34,150
-241,291
0
34,936
31,826
28,092
17,507
11,580
12,033
12,658
13,413
21,319
21,012
21,887
23,157
24,190
24,527
25,227
26,281
27,717
-259,527
28,096
26,238
-265,220
23,199
23,468
-270,950
-274,027
-273,499
-273,653
-277,535
-280,023
-282,861
-283,584
-286,015
-288,507
-296,300
-300,304
-302,090
-304,071
-303,432
-302,689
-302,735
-304,271
-304,492
-303,731
-302,172
-303,575
-303,222
-298,516
-309,876
-313,174
-315,912
-317,892
-320,753
-329,914
-332,747
-331,726
-330,868
-332,906
-332,515
-336,503
-338,759
-344,070
-350,391
-350,095
-356,611
-369,134
-376,829
-383,927
-398,943

-398,943

-383,927

-376,829

-369,134

-356,611

-350,095

-350,391

-344,070

-338,759

-336,503

-332,515

-332,906

-330,868

-331,726

-332,747

-329,914

-320,753

-317,892

-315,912

-313,174

-309,876

-298,516

-303,222

-303,575

-302,172

-303,731

-304,492

-304,271

-302,735

-302,689

-303,432

-304,071

-302,090

-300,304

-296,300

-288,507

-286,015

-283,584

-282,861

-280,023

-277,535

-273,653

-273,499

-274,027

-270,950

23,468

23,199

-265,220

26,238

28,096

-259,527

27,717

26,281

25,227

24,527

24,190

23,157

21,887

21,012

21,319

13,413

12,658

12,033

11,580

17,507

28,092

31,826

34,936

-241,291

34,150

-241,643

-242,352

-238,891

-235,467

-232,477

-233,005

-233,455

-231,859

-232,050

-232,138

-230,410

-230,560

-230,462

-230,623

-230,000

-19,463

-40,850

-67,031

-274,000

-274,200

-89,151

-275,900

-272,200

-272,300

-112,000

-269,900

-268,600

-266,800

63,200

-264,800

-259,700

-238,600

115,200

-12,300

-13,500

156,500

155,400

-12,200

153,600

150,800

151,200

-13,100

155,600

-13,800

159,000

-14,100

-13,800

-13,300

152,900

163,300

161,100

158,800

156,500

160,300

164,800

163,000

161,100

85,000

157,000

155,800

155,400

156,300

156,700

155,700

158,700

151,600

133,800

123,900

119,100

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Accounts Payable	43,499	53,211	55,537	50,489	48,219	51,975	49,201	40,046	40,299	43,343	47,052	67,718	80,468	75,384	52,344	71,285	84,217	78,205	67,196	55,614	52,252	44,490	50,842	100,394	68,300	17,400	28,200	11,400	15,600	12,800	11,600	0	10,300	11,100	11,200	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	-191,988	-240,693	-241,585	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Other Comprehensive Income	4,264	-671	-4,525	-95,921	-91,726	-97,739	-78,960	-93,194	-99,005	-104,233	-81,897	-120,604	-115,146	-87,555	-93,285	-98,626	-29,808	-31,283	-244	1,348	151	-835	-1,702	-1,561	300	-136,700	-130,900	-138,100	-131,400	-139,600	-134,600	-138,100	-141,100	-135,200	-132,400	-123,500	-102,800	-93,500	-88,900
Additional Paid In Capital	0	0	0	0	0	0	41,084	40,521	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	29,359	25,690	24,747	26,457	27,713	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	319,269	316,803	314,620	311,190	307,932	306,697	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	46,144	42,549	41,654	43,689	42,820	41,084	40,521	41,166	39,153	39,631	40,008	39,161	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	163,876	156,910	141,465	91,773	100,241	100,933	113,572	113,805	156,928	134,508	124,368	109,571	76,412	73,315	51,167	44,628	52,868	38,630	12,029	61,005	25,346	9,225	13,255	20,564	24,200	16,300	39,800	18,500	37,300	24,900	23,500	18,500	18,100	13,400	13,300	23,400	20,200	16,100	13,300
Cash And Equivalents	0	156,910	141,465	91,773	100,241	100,933	113,572	113,805	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	163,876	156,910	141,465	91,773	100,241	100,933	113,572	113,805	156,928	134,508	124,368	109,571	76,412	73,315	51,167	44,628	52,868	38,630	12,029	61,005	25,346	9,225	13,255	20,564	24,200	16,300	39,800	18,500	37,300	24,900	23,500	0	18,100	13,400	13,300	23,400	20,200	16,100	13,300
Common Stock	319,269	316,803	314,620	311,190	307,932	306,697	304,777	302,832	300,909	299,892	297,164	291,512	287,661	285,515	282,491	280,266	278,916	276,553	275,211	263,297	262,748	241,393	213,947	198,877	193,600	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	31,579	32,238	32,327	32,584	33,105	33,569	33,420	33,251	33,484	34,130	34,249	34,523	35,006	34,849	33,823	37,864	39,970	38,408	39,162	37,653	34,931	33,056	28,183	28,699	28,611	29,297	32,113	31,667	31,273	31,111	33,333	31,667	30,000	30,417	32,500	31,429	33,871	33,671	33,571
Common Stock Total Equity	0	316,803	314,620	311,190	307,932	306,697	304,777	302,832	300,909	299,892	297,164	291,512	287,661	0	0	0	0	0	275,211	263,297	262,748	241,393	213,947	198,877	193,600	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Current Deferred Revenue	2,167	23,461	54,699	50,478	2,877	1,981	0	11,743	0	0	0	0	0	0	0	0	38,121	34,099	33,147	34,927	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	19,795	22,201	20,694	45,839	58,544	43,120	38,620	73,158	76,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	16,010	5,894	7,010	5,637	3,990	3,802	0	0	380	604	1,336	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Good Will	157,638	152,361	109,798	109,497	106,056	71,057	69,046	61,744	33,865	32,047	32,047	36,350	500	500	500	33,150	24,657	24,657	24,657	513	513	513	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	103,957	108,053	69,888	79,121	85,215	60,180	66,943	64,370	34,758	36,592	40,782	46,901	29,886	31,432	33,938	36,927	36,743	39,154	67,004	35,145	37,456	39,923	63,589	-10,571	53,300	0	0	6,700	4,600	5,200	5,800	6,700	7,500	8,100	8,600	9,300	10,300	10,600	17,700
Inventory	60,031	62,260	49,506	45,870	42,237	43,486	36,596	28,652	24,600	27,887	32,226	82,575	92,540	76,885	54,348	70,867	73,778	60,543	60,564	42,734	31,925	36,262	50,149	104,316	78,900	33,300	56,000	37,200	38,900	41,500	36,100	37,200	40,900	45,400	46,500	46,400	49,800	50,900	50,400
Liabilities And Stockholders Equity	741,167	748,487	664,462	626,049	643,354	548,341	537,685	517,697	484,133	456,926	480,265	561,066	480,815	482,584	407,657	488,455	543,692	527,833	533,936	522,177	482,250	490,032	567,931	672,929	522,700	293,200	329,600	170,800	227,100	206,800	185,100	170,800	176,400	172,500	176,600	188,000	205,400	207,900	213,300
Long Term Debt	67,500	83,670	50,000	54,600	99,700	50,000	76,300	89,100	90,700	75,000	75,000	153,500	74,400	70,000	50,400	80,500	72,000	60,635	68,293	94,150	75,880	67,000	125,013	178,000	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	83,670	50,000	54,600	99,700	50,000	76,300	89,100	90,700	75,000	75,000	153,500	74,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	0	0	0	0	0	369	693	751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Debt	-67,017	-47,550	-66,718	-10,716	27,172	-50,933	-37,272	-23,699	-66,228	-59,508	-49,368	43,929	-2,012	-3,315	-767	35,872	20,132	27,616	69,727	36,456	50,534	86,125	142,094	181,522	152,600	53,300	29,200	-1,100	-14,700	-1,600	300	-1,100	2,600	4,400	2,000	4,200	20,200	33,700	28,000
Net Invested Capital	594,322	589,894	513,578	478,282	504,919	427,929	420,105	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Receivables	78,569	90,935	82,191	80,981	78,008	79,518	70,584	62,612	54,563	56,894	62,667	89,423	88,345	95,930	71,718	94,175	100,655	106,012	91,265	84,112	72,290	63,802	81,563	145,920	124,700	47,000	68,700	27,900	41,700	35,000	30,600	27,900	30,200	28,000	32,600	34,000	35,600	35,500	31,100
Net Tangible Assets	0	245,810	283,892	235,064	213,948	246,692	205,805	191,768	213,031	221,150	223,900	184,507	232,911	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	222,310	213,228	175,023	128,299	140,530	135,366	131,197	117,578	150,628	160,419	141,314	194,646	159,149	146,584	103,219	112,600	121,921	101,939	60,741	101,185	69,077	17,778	46,817	102,805	99,800	36,200	93,300	50,100	75,100	65,900	47,400	50,100	51,900	52,100	56,900	-	-	-	-
Non Current Assets Total	421,818	422,727	375,373	392,818	405,876	308,982	304,076	301,990	232,154	216,525	243,997	251,504	197,429	215,929	213,922	262,613	292,852	300,213	353,262	318,031	317,484	337,698	367,257	367,233	268,400	174,600	143,900	83,400	101,000	96,100	87,800	0	84,900	81,300	81,800	81,700	95,000	95,100	90,200
Non Current Liabilities Other	5,457	3,249	2,684	35,825	35,850	12,429	13,377	12,586	10,428	11,775	12,812	23,556	18,881	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	117,306	129,731	86,818	97,435	141,187	66,419	91,468	101,686	101,128	87,155	88,416	178,392	93,281	88,234	69,687	98,035	90,526	83,129	84,432	108,512	92,370	90,456	171,201	223,681	203,400	87,000	89,700	14,100	29,800	30,100	16,000	0	14,300	11,100	13,800	24,800	35,900	38,100	29,200
Non Currrent Assets Other	15,317	17,416	2,420	2,590	3,046	2,043	2,096	1,743	1,336	1,253	169,127	155,768	112,569	137,716	132,802	171,857	108,390	102,533	154,571	147,170	157,547	149,143	111,710	152,943	75,400	107,400	67,900	28,200	45,700	40,100	34,200	28,200	23,600	20,000	18,600	14,800	10,900	8,900	3,600
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	0	42,311	77,217	106,763	84,923	77,975	79,147	93,014	98,924	76,472	96,298	74,642	82,183	105,784	98,364	101,780	138,627	139,934	176,582	170,391	157,547	149,143	131,295	88,766	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	16,873	15,655	15,927	14,607	16,992	15,422	12,857	10,638	15,888	21,112	17,007	27,993	26,089	20,525	16,502	16,172	9,045	8,791	16,816	7,728	6,697	7,212	4,371	34,896	26,500	22,000	21,200	3,800	8,200	9,300	7,100	0	2,300	4,400	2,400	2,500	4,800	10,300	28,300
Other Current Liab	46,979	31,924	437	671	43,065	41,147	53,211	45,334	61,052	36,639	47,902	47,198	43,769	44,687	38,172	41,957	5,581	7,766	6,127	9,109	43,437	61,716	75,515	85,100	81,200	51,000	58,700	19,300	26,500	24,300	25,100	0	19,900	19,100	23,400	41,900	37,400	39,800	33,500
Other Liab	0	24,307	15,464	19,672	16,483	16,419	17,179	12,586	16,422	11,960	13,216	22,992	15,281	16,805	18,797	16,883	18,526	22,494	16,139	11,519	11,133	11,501	7,274	11,069	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	-398,943	-356,611	-338,759	-330,868	-320,753	-309,876	-302,172	-302,735	-302,090	-286,015	-277,535	-270,950	26,238	26,310	23,157	13,413	17,507	34,936	-242,352	-233,005	-232,138	-230,623	-40,850	-89,151	-112,000	63,200	115,200	156,500	151,200	159,000	152,900	0	161,100	155,400	158,700	151,600	133,800	123,900	119,100
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	362,584	120,002	118,470	120,718	129,682	99,401	88,247	82,111	69,872	71,414	74,869	93,725	84,860	78,213	81,120	90,756	92,825	96,468	109,676	112,495	122,481	148,632	191,958	224,861	139,700	67,200	76,000	48,500	50,700	50,800	47,800	48,500	53,800	53,200	54,600	57,600	73,800	75,600	68,900
Property Plant And Equipment Net	119,017	120,002	118,470	120,718	129,682	99,401	88,247	82,111	69,872	71,414	74,870	95,736	84,860	78,213	81,120	90,756	92,825	96,468	109,676	112,495	122,481	148,632	191,958	224,861	139,700	67,200	76,000	48,500	50,700	50,800	47,800	0	53,800	53,200	54,600	57,600	73,800	75,600	68,900
Property Plant Equipment	0	120,002	118,470	97,437	105,038	99,401	88,247	82,111	69,872	71,414	74,869	93,725	84,860	78,213	81,120	90,756	92,825	96,468	109,676	112,495	122,481	148,632	191,958	224,861	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	602,232	546,703	492,242	539,281	509,766	478,847	420,160	410,979	381,840	380,145	358,997	367,800	352,205	335,524	317,582	362,391	336,548	315,370	296,956	279,064	263,430	255,085	276,988	325,850	245,400	197,300	163,200	101,000	126,500	112,500	100,900	101,000	102,500	102,100	98,600	87,800	94,500	86,500	105,900
Retained Earnings Total Equity	0	546,703	492,242	539,281	509,766	478,847	420,160	410,979	381,840	380,145	358,997	367,800	352,205	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	76,300	1,006	90,677	75,380	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	96,859	109,360	74,747	81,057	127,413	50,000	76,300	90,106	90,700	75,000	75,000	153,500	74,400	70,000	50,400	80,500	73,000	66,246	81,756	97,461	75,880	95,350	155,349	202,086	176,800	69,600	69,000	17,400	22,600	23,300	23,800	17,400	20,700	17,800	15,300	27,600	40,400	49,800	41,300
Short Term Debt	4,394	3,936	3,393	3,294	2,787	8,890	76,300	1,006	90,677	75,380	0	0	0	0	0	0	1,000	5,611	13,463	3,311	0	28,350	27,500	17,397	5,000	14,000	5,500	6,600	8,900	7,700	13,200	6,600	9,400	8,900	3,300	5,400	6,600	13,100	14,500
Short Term Investments	0	1,561	0	0	82	576	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	741,167	748,487	664,462	626,049	643,354	548,341	537,685	517,697	484,133	456,926	480,265	561,066	480,815	482,584	407,657	488,455	543,692	527,833	533,936	522,177	482,250	490,032	567,931	672,929	522,700	293,200	329,600	170,800	227,100	206,800	185,100	170,800	176,400	172,500	176,600	188,000	205,400	207,900	213,300
Total Current Assets	319,349	325,760	289,089	233,231	237,478	239,359	233,609	215,707	251,979	240,401	236,268	309,562	283,386	266,655	193,735	225,842	250,840	227,620	180,674	204,146	164,766	152,334	200,674	305,696	254,300	118,600	185,700	87,400	126,100	110,700	97,300	87,400	91,500	91,200	94,800	106,300	110,400	112,800	123,100
Total Current Liabilities	97,039	112,532	114,066	104,932	96,948	103,993	102,412	98,129	101,351	79,982	94,954	114,916	124,237	120,071	90,516	113,242	128,919	125,681	119,933	102,961	95,689	134,556	153,857	202,891	154,500	82,400	92,400	37,300	51,000	44,800	49,900	37,300	39,600	39,100	37,900	47,300	44,000	52,900	48,000
Total Liab	214,345	242,263	200,884	202,367	238,135	170,412	193,880	199,815	202,479	167,137	183,370	293,308	217,518	208,305	160,203	211,277	219,445	208,810	204,365	211,473	188,059	225,012	325,058	426,572	357,900	169,400	182,100	51,400	80,800	74,900	65,900	51,400	53,900	50,200	51,700	72,100	79,900	91,000	77,200
Total Permanent Equity	0	0	0	0	0	0	343,805	317,882	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	526,822	506,224	463,578	423,682	405,219	377,929	343,805	317,882	281,654	289,789	296,895	267,758	263,297	274,279	247,454	277,178	324,247	319,023	329,571	310,704	294,191	265,020	242,873	246,357	164,800	123,800	147,500	119,400	146,300	131,900	119,200	0	122,500	122,300	124,900	115,900	125,500	116,900	136,100
Treasury Stock	0	-402,755	-381,308	-372,522	-364,442	-352,696	-343,256	-343,256	-343,256	-325,168	-317,166	-310,958	-300,584	-297,009	-297,009	-297,009	-289,972	-269,516	-267,095	-255,766	-253,658	-254,137	-270,513	-291,367	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	43,499	49,848	53,119	53,410	53,211	65,687	60,662	60,010	55,537	48,976	47,753	53,315	50,489	46,739	32,820	46,766	48,219	48,434	50,942	52,884	51,975	52,177	51,652	51,937	49,201	45,479	42,660	41,937	40,046	43,290	41,679	44,031	40,299	39,483	45,724	44,168	43,343	45,405	43,724	43,939	47,052	71,512	70,694	68,328	67,718	59,207	66,477	74,559	80,468	78,909	77,087	79,409	75,384	70,534	68,190	59,531	52,344	62,211	52,960	53,428	71,285	78,910	85,658	78,802	84,217	84,445	81,611	78,205	78,205	75,641	74,060	62,681	67,196	66,637	70,044	72,731	55,614	59,454	64,352	59,120	52,252	47,342	45,371	47,453	44,490	45,604	47,044	48,826	50,842	58,223	55,517	57,655	100,394	98,548	69,803	57,436	68,300	62,100	39,400	36,500	17,400	20,400	25,100	29,600	28,200	20,000	26,400	11,400	17,100	17,400	19,400	21,000	15,600	15,900	16,100	16,900	12,800	15,900	16,900	14,000	11,600	12,700	13,700	13,100	11,400	12,400	11,900	10,600	10,300	11,300	11,600	10,800	11,100	8,400	13,100	12,700	11,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-191,988	0	0	0	-240,693	0	0	0	-241,585	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	4,264	-675	3,691	698	-671	-8,849	-2,670	-3,445	-4,525	-4,842	-77,070	-94,363	-95,921	-90,908	-93,155	-94,994	-91,726	-95,718	-95,903	-96,548	-97,739	-74,080	-75,862	-76,803	-78,960	-89,485	-90,540	-91,530	-93,194	-97,178	-97,649	-98,212	-99,005	-101,785	-101,900	-104,165	-104,233	-79,174	-79,382	-80,739	-81,897	-116,351	-118,657	-120,733	-120,604	-111,254	-113,139	-113,026	-115,146	-84,584	-85,074	-85,831	-87,555	-91,833	-93,505	-93,989	-93,285	-94,448	-94,875	-97,784	-98,626	-31,380	-29,325	-29,391	-29,808	-28,381	-29,463	-31,283	-31,000	2,671	1,739	291	-244	-1,022	-611	953	1,348	472	846	529	151	-543	-605	-1,339	-835	-937	-1,317	-2,362	-1,702	-1,755	-2,671	-2,541	-1,561	-2,094	-1,319	-106	300	800	-100	400	-136,700	2,600	1,600	2,200	-130,900	0	1,600	-138,100	-133,300	-1,000	-133,600	-131,200	-131,400	-400	-135,500	400	-139,600	-200	-1,200	-2,200	-134,600	-144,900	-142,700	-140,300	-138,100	-140,400	-144,200	-143,400	-141,100	-140,600	-138,200	-136,600	-135,200	-136,400	-137,100	-135,200	-132,400	-	-	-	-123,500	-	-	-	-102,800	-	-	-	-93,500	-	-	-	-88,900	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	41,084	0	0	0	40,521	0	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	29,359	30,460	28,827	24,840	25,690	25,629	25,463	26,234	24,747	25,616	26,313	26,781	26,457	26,896	27,524	28,256	27,713	27,556	26,778	27,231	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	319,269	319,125	319,111	318,785	316,803	316,520	316,502	316,496	314,620	314,351	314,341	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	0	44,718	43,488	42,423	46,144	44,659	42,585	41,158	42,549	40,958	40,007	39,616	41,654	40,796	39,775	39,832	43,689	42,849	41,786	40,371	42,820	44,740	40,034	39,681	41,084	39,525	38,764	38,985	40,521	40,567	39,824	39,185	41,166	40,481	40,237	39,554	39,153	38,666	38,037	37,638	39,631	39,529	38,952	37,979	40,008	39,090	38,402	38,098	39,161	38,790	37,808	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	163,876	160,112	150,878	143,537	156,910	147,908	98,739	126,118	141,465	128,527	117,397	103,392	91,773	131,740	145,981	150,955	100,241	101,199	105,578	100,708	100,933	103,754	102,861	121,383	113,572	116,152	107,814	121,819	113,805	114,433	119,912	130,964	156,928	150,755	146,791	138,333	134,508	130,884	127,230	118,969	124,368	96,730	86,044	109,432	109,571	88,620	83,039	84,441	76,412	89,172	75,056	74,163	73,315	73,031	65,234	58,764	51,167	40,329	26,835	44,622	44,628	53,711	45,370	59,347	52,868	44,956	37,161	38,630	38,630	29,723	17,651	12,637	12,029	17,085	14,194	58,237	61,005	47,925	48,199	32,861	25,346	19,646	6,665	7,661	9,225	11,627	15,047	7,672	13,255	7,849	18,590	14,123	20,564	16,179	21,111	22,526	24,200	9,100	15,000	16,400	16,300	18,000	10,100	9,300	39,800	49,600	30,700	18,500	45,000	36,600	32,700	42,300	37,300	29,600	19,300	21,700	24,900	14,000	11,200	18,400	23,500	20,300	18,800	15,200	18,500	18,900	16,400	16,300	18,100	18,600	15,400	14,300	13,400	14,500	15,400	11,100	13,300	-	-	-	23,400	-	-	-	20,200	-	-	-	16,100	-	-	-	13,300	-
Cash And Equivalents	0	160,112	150,878	143,537	156,910	147,908	98,739	126,118	141,465	128,527	117,397	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	163,876	160,112	150,878	143,537	156,910	147,908	98,739	126,118	141,465	128,527	117,397	103,392	91,773	131,740	145,981	150,955	100,241	101,199	105,578	100,708	100,933	103,754	102,861	121,383	113,572	116,152	107,814	121,819	113,805	114,433	119,912	130,964	156,928	150,755	146,791	138,333	134,508	130,884	127,230	118,969	124,368	96,730	86,044	109,432	109,571	88,620	83,039	84,441	76,412	89,172	75,056	74,163	73,315	73,031	65,234	58,764	51,167	40,329	26,835	44,622	44,628	53,711	45,370	59,347	52,868	44,956	37,161	38,630	0	29,723	17,651	12,637	12,029	17,085	14,194	58,237	61,005	47,925	48,199	32,861	25,346	19,646	6,665	7,661	9,225	11,627	15,047	7,672	13,255	7,849	18,590	14,123	20,564	16,179	21,111	22,526	24,200	9,100	15,000	16,400	16,300	18,000	10,100	9,300	39,800	49,600	30,700	18,500	45,000	36,600	32,700	42,300	37,300	29,600	19,300	21,700	24,900	14,000	11,200	18,400	23,500	20,300	18,800	15,200	18,500	18,900	16,400	16,300	18,100	18,600	15,400	14,300	13,400	14,500	15,400	11,100	13,300	-	-	-	23,400	-	-	-	20,200	-	-	-	16,100	-	-	-	13,300	-
Common Stock	319,269	319,125	319,111	318,785	316,803	316,520	316,502	316,496	314,620	314,351	314,341	313,008	311,190	310,976	310,953	310,098	307,932	307,801	307,775	307,664	306,697	303,641	306,570	305,722	304,777	304,726	304,715	303,736	302,832	302,156	302,146	302,139	300,909	300,897	300,869	300,706	299,892	299,762	299,748	299,748	297,164	296,315	296,102	294,288	291,512	291,512	291,000	289,848	287,661	287,652	287,635	286,500	285,515	285,400	285,200	283,600	282,491	282,200	282,200	280,500	280,266	280,248	280,146	279,000	278,916	278,821	278,200	277,100	276,553	276,290	276,200	275,485	275,211	274,650	274,567	274,520	263,297	263,081	263,040	263,048	262,748	255,910	244,346	241,442	241,393	239,660	238,255	230,785	213,947	216,019	200,729	199,313	198,877	198,736	198,505	197,721	193,600	193,500	193,000	192,400	0	190,100	189,900	189,700	0	33,800	33,600	33,400	0	33,400	0	0	0	33,600	0	33,500	0	33,800	33,900	33,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	31,239	31,511	31,685	31,581	32,042	32,090	32,243	32,327	32,432	32,379	32,626	32,620	32,562	32,509	32,504	32,793	32,970	33,067	33,205	33,270	33,545	33,649	33,564	33,515	32,938	33,391	33,351	33,362	33,342	33,254	33,225	33,005	32,605	32,770	33,551	33,935	33,900	34,107	34,208	34,280	34,314	34,331	33,589	34,176	34,330	34,471	34,574	34,718	35,000	34,994	35,025	35,075	34,800	34,827	34,874	34,749	34,500	34,513	33,779	33,744	33,700	38,199	38,090	38,335	38,300	39,956	40,302	40,300	40,300	40,266	40,145	40,234	41,000	41,013	41,226	40,979	36,400	40,401	36,253	36,243	36,200	35,352	34,569	34,258	34,300	33,606	33,300	31,802	31,802	28,495	27,697	28,750	28,100	28,140	28,725	29,027	28,600	28,393	28,431	27,500	28,400	26,897	29,394	30,000	31,100	32,083	31,481	28,000	31,600	31,875	31,176	31,429	31,200	30,000	30,667	30,000	31,000	30,000	30,000	31,250	27,500	27,500	30,000	31,111	28,000	28,000	25,000	30,000	32,500	32,500	30,000	25,000	30,000	30,000	32,000	32,000	32,762	32,762	32,750	32,774	33,520	33,520	33,520	33,532	34,012	34,012	33,988	33,976	33,970	33,970	33,958	33,910	34,288	34,288
Common Stock Total Equity	0	0	0	318,785	316,803	316,520	316,502	316,496	314,620	314,351	314,341	313,008	311,190	310,976	310,953	310,098	307,932	307,801	307,775	307,664	306,697	303,641	306,570	305,722	304,777	304,726	304,715	303,736	302,832	302,156	302,146	302,139	300,909	300,900	300,900	300,700	299,892	299,800	299,700	299,700	297,164	296,300	296,102	294,288	291,512	291,512	291,000	289,800	287,661	287,700	287,600	286,500	0	285,400	285,200	283,600	0	282,200	282,200	280,500	0	280,200	280,100	279,000	0	0	278,200	277,100	0	276,300	276,200	275,500	275,211	274,700	274,600	274,500	263,297	263,100	263,000	263,000	262,748	255,900	244,300	241,400	241,393	239,700	238,255	230,785	213,947	216,019	200,700	199,300	198,877	198,700	198,500	197,700	193,600	193,500	193,000	192,400	0	190,100	189,900	189,700	0	33,800	33,600	33,400	0	33,400	0	0	0	33,600	0	33,500	0	33,800	33,900	33,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	2,167	49,117	2,418	2,648	23,461	22,992	23,401	0	25,415	52,058	50,518	49,451	24,250	43,944	39,680	40,038	2,877	2,749	2,263	1,133	1,981	2,810	2,664	2,221	20,694	0	11,157	12,062	45,839	0	0	0	58,544	56,610	53,088	42,586	0	32,963	34,744	36,309	0	59,869	0	0	0	0	75,045	75,552	0	58,282	59,050	59,521	0	66,662	67,010	67,543	0	71,718	72,394	81,528	0	30,591	29,914	29,901	38,121	0	32,955	34,099	0	0	22,045	22,045	33,147	11,426	11,450	8,576	34,927	28,516	28,523	28,530	0	36,027	36,001	35,997	0	0	0	-1,389	0	0	-12,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	19,795	0	0	0	22,201	0	0	0	20,694	0	0	0	45,839	0	0	0	58,544	0	0	42,586	43,120	32,963	34,744	36,309	38,620	59,869	61,209	72,207	73,158	74,642	75,045	75,552	76,200	58,282	59,050	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	0	0	0	15,786	16,010	5,515	6,174	5,865	5,894	6,907	6,924	6,892	7,010	6,223	6,303	5,576	5,637	0	0	0	3,990	0	0	0	3,802	0	0	0	0	0	0	0	0	0	0	0	380	0	0	0	604	0	0	0	1,336	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	157,638	154,130	155,931	155,651	152,361	138,945	139,617	117,524	109,798	109,798	109,898	109,468	109,497	106,056	106,056	106,056	106,056	108,142	71,057	71,057	71,057	71,057	71,057	71,057	69,046	68,933	69,582	61,744	61,744	61,744	61,744	66,975	33,865	32,047	32,047	32,047	32,047	32,047	32,047	32,047	32,047	35,156	35,156	35,156	36,350	6,759	5,855	7,872	500	500	500	500	500	500	500	500	500	0	0	33,153	33,150	32,468	30,943	28,107	24,657	24,657	24,657	24,657	24,657	24,657	24,657	24,700	24,657	24,269	24,300	29,759	513	0	0	0	513	0	0	0	513	513	513	514	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,600	3,700	3,900	0	4,100	0	0	0	4,800	0	5,100	0	5,400	5,500	5,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	103,957	103,828	108,717	109,706	108,053	106,207	112,824	79,849	69,888	72,236	74,584	76,931	79,121	76,126	80,622	82,919	85,215	86,506	56,805	58,494	60,180	61,869	63,557	65,246	66,943	68,652	69,059	62,833	64,370	65,930	67,567	63,662	34,758	33,650	34,635	35,619	36,592	37,657	38,703	39,748	40,782	43,819	45,097	46,605	46,901	30,346	31,911	34,005	29,886	30,576	31,227	31,808	31,432	32,056	32,672	33,305	33,938	34,577	35,216	36,020	36,927	37,859	38,572	42,028	36,743	36,816	37,593	39,154	39,154	39,950	40,745	66,197	67,004	67,464	68,259	74,620	35,145	35,721	36,303	36,880	37,456	38,040	38,627	39,214	39,923	40,871	42,029	43,017	63,589	48,068	49,744	51,974	-10,571	47,720	49,220	47,810	53,300	45,600	31,300	32,200	0	0	0	0	0	3,600	3,700	6,700	4,000	4,100	4,300	4,400	4,600	4,800	4,900	5,100	5,200	5,400	5,500	5,600	5,800	6,200	6,400	6,500	6,700	7,000	7,200	7,200	7,500	7,500	7,600	7,800	8,100	8,200	8,300	8,400	8,600	-	-	-	9,300	-	-	-	10,300	-	-	-	10,600	-	-	-	17,700	-
Inventory	60,031	65,384	62,556	63,470	62,260	63,465	64,158	52,454	49,506	50,867	48,972	47,558	45,870	41,492	44,266	45,679	42,237	45,425	43,154	42,521	43,486	41,960	41,671	37,941	36,596	35,308	36,094	30,954	28,652	29,178	25,978	26,062	24,600	26,974	30,424	28,580	27,887	29,908	28,434	26,950	32,226	84,605	85,160	82,144	82,575	75,007	78,664	92,069	92,540	91,366	88,602	87,949	76,885	76,562	68,786	60,000	54,348	60,452	61,745	70,218	70,867	88,100	86,559	83,832	73,778	72,537	74,018	60,543	60,543	67,229	65,012	61,450	60,564	58,352	58,549	57,124	42,734	45,482	44,471	38,676	31,925	37,434	35,057	36,114	36,262	40,977	43,094	43,721	50,149	63,961	79,182	97,182	104,316	90,728	80,224	74,277	78,900	68,900	58,700	54,100	33,300	46,900	51,000	62,100	56,000	29,900	33,700	37,200	38,800	38,200	37,600	38,100	38,900	40,100	42,400	41,900	41,500	40,300	39,600	37,800	36,100	38,200	40,800	39,900	37,200	39,800	41,700	42,200	40,900	41,300	42,000	43,500	45,400	45,100	43,700	45,500	46,500	-	-	-	46,400	-	-	-	49,800	-	-	-	50,900	-	-	-	50,400	-
Liabilities And Stockholders Equity	741,167	753,962	755,906	747,007	748,487	734,679	729,634	684,746	664,462	651,973	647,298	634,665	626,049	655,853	663,389	685,165	643,354	648,001	580,701	574,008	548,341	549,592	542,553	548,692	537,685	543,283	538,390	527,695	517,697	513,571	519,834	540,339	484,133	488,741	489,270	471,197	456,926	488,762	479,631	474,182	480,265	539,863	528,673	564,550	561,066	481,376	490,089	508,666	480,815	516,475	495,423	499,989	482,584	470,881	447,447	422,439	407,657	406,680	394,355	435,660	488,455	581,308	575,729	582,306	543,692	538,062	534,119	527,833	527,833	561,485	554,151	538,179	533,936	548,864	540,899	594,641	522,177	510,443	512,080	504,861	482,250	482,973	480,023	475,607	490,032	514,247	546,991	550,806	567,931	595,814	629,682	646,113	672,929	607,851	550,394	518,539	522,700	475,000	454,800	431,400	293,200	306,200	309,200	314,800	329,600	334,900	329,900	170,800	249,400	241,100	235,400	236,700	227,100	221,600	214,900	213,200	206,800	190,600	187,100	187,300	185,100	179,900	179,700	175,700	170,800	180,200	180,800	179,300	176,400	178,000	175,500	174,000	172,500	179,100	180,200	178,200	176,600	-	-	-	188,000	-	-	-	205,400	-	-	-	207,900	-	-	-	213,300	-
Long Term Debt	67,500	76,665	77,040	80,261	83,670	85,478	91,027	50,000	50,000	50,000	50,000	50,000	54,600	106,300	141,300	151,200	99,700	112,700	50,000	50,000	50,000	50,000	57,000	74,000	76,300	82,300	92,800	94,000	89,100	96,000	110,800	141,300	90,700	90,500	88,700	83,200	75,000	80,300	76,200	76,600	75,000	128,600	129,500	164,000	153,500	94,500	97,000	108,700	74,400	89,700	74,500	80,300	70,000	77,100	65,900	56,000	50,400	49,500	51,000	85,864	80,500	100,100	92,300	116,700	72,000	60,000	60,000	60,000	60,635	60,645	64,266	68,208	68,293	94,723	85,602	133,861	94,150	87,000	85,000	81,200	75,880	81,000	85,250	67,000	67,000	103,475	120,007	106,186	125,013	188,250	204,500	198,250	178,000	168,500	148,000	153,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	76,665	77,040	80,261	83,670	85,478	91,027	50,000	50,000	50,000	50,000	50,000	54,600	106,300	141,300	151,200	99,700	112,700	50,000	50,000	50,000	0	0	0	76,300	0	0	0	89,100	0	0	0	90,700	90,500	88,700	83,200	75,000	80,300	76,200	76,600	75,000	128,600	129,500	164,000	153,500	94,500	97,000	108,700	74,400	89,700	74,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	17	176	369	742	835	870	693	0	0	0	751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-67,017	-52,987	-45,011	-38,436	-47,550	-36,801	17,751	-49,884	-66,718	-52,911	-41,084	-26,611	-10,716	1,456	22,843	28,501	27,172	39,057	-28,800	-23,477	-50,933	-53,754	-45,861	-47,383	-37,272	-33,852	-13,955	-26,813	-23,699	-18,433	-9,112	10,336	-66,228	-60,255	-58,091	-55,133	-59,508	-50,584	-51,030	-42,369	-49,368	31,870	43,456	54,568	43,929	5,880	13,961	24,259	16,869	528	-310	6,137	14,919	4,069	666	-2,764	18,520	9,171	24,165	41,439	53,408	46,389	46,930	57,353	20,132	16,978	24,345	27,616	22,191	40,556	58,883	69,865	69,727	80,823	74,710	79,578	36,456	39,075	36,801	48,339	50,534	61,354	78,585	77,539	86,125	91,848	104,960	112,425	142,094	199,432	213,808	210,571	181,522	167,982	134,389	137,224	152,600	150,000	153,000	146,700	53,300	65,700	68,800	65,000	29,200	13,800	32,700	-1,100	-31,400	-21,000	-17,000	-18,300	-14,700	-8,800	1,900	200	-1,600	-6,900	-5,900	-3,800	300	-1,600	-1,300	300	-1,100	5,400	7,700	7,900	2,600	1,200	3,700	3,400	4,400	10,100	6,600	12,000	2,000	-	-	-	4,200	-	-	-	20,200	-	-	-	33,700	-	-	-	28,000	-
Net Invested Capital	594,322	599,332	598,435	594,397	589,894	576,090	576,974	530,178	513,578	507,374	504,309	485,716	478,282	520,266	542,192	548,666	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	78,569	89,556	97,519	97,707	90,935	97,004	98,949	95,107	82,191	78,210	80,795	81,571	80,981	76,431	59,798	71,250	78,008	80,789	84,876	82,326	79,518	79,030	75,597	69,948	70,584	64,861	66,737	63,016	62,612	62,380	62,125	64,785	54,563	59,213	63,046	67,056	56,894	63,093	61,080	67,875	62,667	96,809	93,908	93,730	89,423	81,014	90,604	89,867	88,345	90,344	87,792	96,405	95,930	90,136	84,588	74,073	71,718	75,942	73,602	76,661	94,175	103,405	110,521	108,159	100,655	102,707	104,990	106,012	106,012	101,747	104,600	94,136	91,265	93,266	89,603	97,535	84,112	78,850	82,549	83,663	72,290	62,812	65,744	59,783	63,802	64,870	73,329	80,068	81,563	90,992	98,341	110,015	145,920	137,187	116,078	108,787	124,700	115,200	102,700	84,200	47,000	64,500	72,000	77,300	68,700	53,300	67,600	27,900	44,000	48,800	49,500	43,900	41,700	43,300	45,700	42,000	35,000	37,200	38,600	34,900	30,600	32,200	30,200	31,600	27,900	30,600	31,800	33,700	30,200	32,400	33,600	31,500	28,000	34,000	36,500	35,000	32,600	-	-	-	34,000	-	-	-	35,600	-	-	-	35,500	-	-	-	31,100	-
Net Tangible Assets	0	264,709	0	248,779	245,810	245,460	233,506	282,805	283,892	275,340	269,827	249,317	235,064	231,784	400,892	397,466	213,948	395,194	395,545	386,893	246,692	376,205	363,760	355,732	205,805	346,609	336,480	326,084	191,768	306,268	302,634	288,248	213,031	295,604	305,532	225,468	221,150	241,815	234,495	229,915	223,900	190,656	181,374	187,961	184,507	235,248	227,704	223,020	232,911	259,978	254,016	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	222,310	230,898	222,695	216,868	213,228	204,458	163,174	177,005	175,023	172,377	161,033	139,926	128,299	168,564	187,024	189,740	140,530	144,478	154,104	144,721	135,366	133,338	126,914	140,077	131,197	128,932	128,007	134,224	117,578	115,708	123,377	135,121	150,628	166,105	178,178	171,860	160,419	160,159	150,274	148,349	141,314	186,042	176,587	206,653	194,646	173,080	167,012	176,999	159,149	170,752	157,302	159,417	146,555	147,319	129,397	114,613	103,219	93,227	88,661	118,759	112,601	145,278	134,419	151,711	121,921	115,465	112,947	101,939	101,939	88,317	74,950	70,509	60,741	77,630	69,259	111,136	101,185	106,415	104,103	80,005	69,077	71,415	51,264	24,889	17,778	74,099	84,946	60,456	46,817	72,341	77,404	101,043	102,805	103,245	96,165	109,844	99,800	70,700	76,300	64,300	36,200	60,700	55,000	74,800	93,300	75,700	72,900	50,100	86,800	80,800	78,100	76,700	75,100	75,300	70,700	67,900	65,900	48,800	47,600	46,000	47,400	42,800	45,200	47,500	50,100	56,500	56,200	58,600	51,900	53,700	54,200	55,100	52,100	55,700	56,600	55,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	421,818	419,638	426,029	424,363	422,727	408,282	451,084	392,701	375,373	374,524	383,954	388,029	392,818	392,170	398,593	402,187	405,876	402,972	330,282	331,783	308,982	310,594	310,493	306,154	304,076	313,509	315,820	300,475	301,990	296,728	299,362	304,685	232,154	231,033	227,609	216,487	216,525	244,308	244,059	242,649	243,997	232,056	234,606	249,503	251,504	212,223	213,699	215,451	197,429	223,489	220,070	219,747	215,929	211,827	210,679	211,598	213,922	214,988	216,567	226,874	262,613	310,783	309,053	306,950	292,852	294,238	295,003	300,213	0	341,574	348,899	350,143	353,262	357,126	354,745	362,326	318,031	300,663	300,041	314,066	317,484	318,521	326,185	329,841	337,698	339,495	357,766	363,397	367,257	397,043	399,819	389,446	367,233	326,265	297,791	273,788	268,400	259,600	258,900	257,700	174,600	154,800	153,000	144,000	143,900	189,400	186,400	83,400	111,200	107,700	106,200	103,100	101,000	98,400	97,400	97,300	96,100	90,700	89,900	88,800	87,800	86,500	86,100	84,100	83,400	85,300	86,400	84,000	84,900	82,600	81,100	80,200	81,300	80,300	80,100	82,700	81,800	-	-	-	81,700	-	-	-	95,000	-	-	-	95,100	-	-	-	90,200	-
Non Current Liabilities Other	5,457	4,937	4,958	31,048	3,249	31,135	31,110	33,663	2,684	3,244	3,602	4,547	35,825	34,245	37,123	37,685	35,850	4,638	3,953	3,969	12,429	0	0	0	13,377	0	0	0	12,586	0	0	0	10,428	11,034	11,555	12,013	11,775	12,648	12,888	12,688	12,812	19,867	20,066	22,434	23,556	18,450	18,241	18,853	18,881	13,487	17,129	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	117,306	127,869	127,329	127,095	129,731	122,128	128,311	89,528	86,818	89,527	90,678	92,239	97,435	146,768	184,726	194,461	141,187	152,256	88,841	89,611	66,419	67,727	73,647	90,499	91,468	95,832	107,347	108,615	101,686	106,168	120,105	151,558	101,128	101,534	100,255	95,213	87,155	92,948	89,088	89,288	88,416	148,467	149,566	186,434	178,392	112,950	115,241	127,553	93,281	103,187	91,629	97,668	88,234	94,002	83,194	75,016	69,687	66,320	68,101	103,065	98,036	117,034	109,614	134,265	90,526	80,081	82,410	83,129	0	80,043	80,616	84,414	84,432	110,566	101,296	149,116	108,512	103,459	101,440	97,680	92,370	104,384	108,704	90,467	90,456	150,110	166,742	152,825	171,201	228,209	247,201	243,711	223,681	207,038	186,849	194,605	203,400	177,700	198,700	197,400	87,000	100,400	96,400	94,500	89,700	79,200	80,000	14,100	31,800	29,600	29,700	30,000	29,800	31,300	29,200	30,100	30,100	11,300	12,400	13,700	16,000	11,400	14,000	15,500	14,100	20,800	20,100	20,600	14,300	13,900	13,800	13,900	11,100	14,100	15,700	18,600	13,800	-	-	-	24,800	-	-	-	35,900	-	-	-	38,100	-	-	-	29,200	-
Non Currrent Assets Other	15,317	15,786	16,363	17,611	17,416	20,813	52,639	51,247	2,420	2,200	2,453	2,468	2,590	2,774	2,816	2,951	3,046	2,731	2,769	2,625	2,043	2,247	2,123	2,244	2,096	1,683	1,525	1,737	1,743	1,084	1,154	1,320	1,336	1,021	1,110	1,469	1,253	1,372	1,143	1,223	169,127	3,732	143,538	155,388	155,768	122,502	1,950	2,281	1,624	1,618	1,705	1,716	1,753	579	617	452	660	131,593	131,062	891	931	116,053	113,339	110,646	108,390	108,782	106,872	102,533	102,533	158,658	157,002	155,623	154,571	152,648	150,484	148,770	147,170	149,273	146,824	159,038	157,547	153,131	150,711	147,714	149,143	137,562	136,796	133,998	111,710	126,905	98,642	93,308	152,943	83,866	80,156	76,518	75,400	47,400	47,100	45,300	107,400	51,500	49,600	46,300	67,900	41,600	39,100	28,200	51,100	49,600	48,300	47,100	45,700	44,200	42,800	41,600	40,100	37,900	36,500	35,300	34,200	32,700	31,500	29,900	28,200	27,800	26,800	25,100	23,600	23,400	22,700	21,500	20,000	19,200	17,300	19,800	18,600	-	-	-	14,800	-	-	-	10,900	-	-	-	8,900	-	-	-	3,600	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	0	41,255	40,657	40,857	42,311	42,522	76,554	74,813	77,217	77,501	83,305	83,162	106,763	112,211	1	86,340	84,923	81,168	78,679	78,742	77,975	80,256	81,414	215,469	217,840	229,218	230,646	217,207	219,879	217,399	222,389	227,229	162,282	162,101	157,443	308	145,111	170,151	169,629	168,208	169,127	142,576	143,538	155,388	157,893	122,502	122,528	125,771	112,569	141,537	140,859	139,771	137,716	132,418	131,341	132,998	132,802	131,593	131,062	139,146	171,857	216,971	212,768	210,682	200,027	202,847	202,077	201,071	203,745	246,158	245,325	244,741	243,586	243,538	242,300	246,651	205,536	184,994	183,127	195,918	195,003	191,171	189,338	186,928	189,066	178,433	178,825	177,015	175,299	174,973	148,386	145,282	142,372	131,586	129,376	124,328	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	16,873	19,272	18,924	17,930	15,655	18,020	16,704	18,366	15,927	19,845	16,180	14,115	14,607	14,020	14,750	15,094	16,992	17,616	16,811	16,670	15,422	14,254	11,931	13,266	12,857	13,453	11,925	11,431	10,638	10,852	12,457	13,843	15,888	20,766	21,400	20,741	21,112	20,569	18,828	17,739	17,007	29,663	28,955	29,741	27,993	24,512	24,083	26,838	11,421	22,104	23,903	21,725	8,372	19,325	18,160	18,004	6,135	14,969	15,606	17,285	8,099	25,309	24,226	24,018	9,045	23,624	22,947	8,791	22,435	21,212	17,989	19,813	16,816	11,609	12,358	10,843	7,728	9,007	8,297	7,065	6,697	8,533	10,371	6,211	7,212	5,632	6,021	4,385	4,371	10,067	7,848	35,347	34,896	37,492	35,190	39,161	26,500	22,200	19,500	19,000	22,000	22,000	23,100	22,100	21,200	12,700	11,500	3,800	10,400	9,800	9,400	9,300	8,200	10,200	10,100	10,300	9,300	8,400	7,800	7,400	7,100	2,700	3,800	4,900	3,800	5,600	4,500	3,100	2,300	3,100	3,400	4,500	4,400	5,200	4,500	3,900	2,400	-	-	-	2,500	-	-	-	4,800	-	-	-	10,300	-	-	-	28,300	-
Other Current Liab	46,979	17	47,352	48,334	31,924	29,728	27,701	51,508	29,721	684	680	673	26,899	1,287	2,220	3,256	43,065	46,691	41,034	41,411	41,147	44,674	40,238	39,129	46,739	55,363	39,687	37,991	11,238	57,845	55,416	56,502	50,369	52,120	37,759	38,682	36,639	38,890	41,574	39,245	47,902	50,253	46,786	40,066	47,198	36,866	42,901	41,657	43,769	43,325	40,718	41,416	44,716	41,201	39,181	36,697	38,172	36,254	36,167	36,402	41,956	46,337	46,599	44,843	5,581	41,980	43,052	7,766	34,099	46,319	43,974	40,552	6,127	44,286	43,549	44,494	9,109	43,911	43,584	51,670	43,437	45,695	57,203	55,224	61,716	55,049	57,235	65,605	75,515	49,176	85,000	77,976	85,100	71,043	79,135	71,221	81,200	69,800	68,700	62,600	51,000	63,600	69,800	60,400	58,700	45,200	40,300	19,300	31,900	33,000	29,500	25,600	26,500	26,800	25,100	24,800	24,300	29,000	29,300	26,700	25,100	24,500	25,100	24,800	19,300	19,500	19,300	19,500	19,900	22,200	21,000	21,800	19,100	22,500	22,300	21,000	23,400	-	-	-	41,900	-	-	-	37,400	-	-	-	39,800	-	-	-	33,500	-
Other Liab	0	25,188	0	0	24,307	14,553	15,433	16,816	15,464	17,265	16,826	17,657	19,672	14,932	16,994	16,343	16,483	14,179	14,139	14,456	16,419	17,727	16,647	13,101	13,377	13,532	14,547	14,615	10,219	10,168	9,305	10,258	9,978	11,034	11,555	161	11,960	12,648	12,888	12,688	13,216	19,867	20,066	22,434	22,992	18,450	18,241	18,853	15,281	13,487	17,129	17,368	16,805	16,902	17,294	19,016	18,797	16,820	17,101	17,201	16,883	16,934	17,314	17,565	18,526	20,081	22,410	22,668	22,494	19,398	16,350	16,206	16,139	15,843	15,694	15,255	11,519	11,079	11,026	11,101	11,133	12,038	11,393	11,505	11,501	7,001	7,129	7,178	7,274	7,406	7,804	10,849	11,069	11,275	11,586	13,842	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-398,943	-383,927	-376,829	-369,134	-356,611	-350,095	-350,391	-344,070	-338,759	-336,503	-332,515	-332,906	-330,868	-331,726	-332,747	-329,914	-320,753	-317,892	-315,912	-313,174	-309,876	-298,516	-303,222	-303,575	-302,172	-303,731	-304,492	-304,271	-302,735	-302,689	-303,432	-304,071	-302,090	-300,304	-296,300	-288,507	-286,015	-283,584	-282,861	-280,023	-277,535	-273,653	-273,499	-274,027	-270,950	23,468	23,199	-265,220	26,238	28,096	-259,527	27,717	26,281	25,227	24,527	24,190	23,157	21,887	21,012	21,319	13,413	12,658	12,033	11,580	17,507	28,092	31,826	34,936	0	-241,291	34,150	-241,643	-242,352	-238,891	-235,467	-232,477	-233,005	-233,455	-231,859	-232,050	-232,138	-230,410	-230,560	-230,462	-230,623	-230,000	86	-19,463	-40,850	-67,031	-274,000	-274,200	-89,151	-275,900	-272,200	-272,300	-112,000	-269,900	-268,600	-266,800	63,200	-264,800	-259,700	-238,600	115,200	-12,300	-13,500	156,500	155,400	-12,200	153,600	150,800	151,200	-13,100	155,600	-13,800	159,000	-14,100	-13,800	-13,300	152,900	163,300	161,100	158,800	156,500	160,300	164,800	163,000	161,100	85,000	157,000	155,800	155,400	156,300	156,700	155,700	158,700	-	-	-	151,600	-	-	-	133,800	-	-	-	123,900	-	-	-	119,100	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	362,584	120,425	120,724	118,149	120,002	349,033	0	0	0	0	116,167	118,468	120,718	121,504	123,717	126,872	129,682	127,156	123,724	123,490	99,401	96,670	93,630	90,685	88,247	84,291	85,174	83,268	82,111	79,329	76,973	77,456	69,872	68,900	70,200	70,500	71,414	74,200	74,400	74,400	74,869	89,500	91,068	94,115	93,725	89,721	91,200	89,700	84,860	82,000	79,200	80,000	78,213	79,400	79,300	78,600	81,120	83,400	85,500	87,700	90,756	93,800	96,300	96,300	92,825	91,391	92,900	96,468	96,468	96,200	104,500	106,200	109,676	113,600	112,400	115,700	112,495	115,700	116,900	118,100	122,481	127,400	136,800	142,900	148,632	161,100	178,941	186,382	191,958	222,070	251,400	244,200	224,861	194,700	168,400	149,500	139,700	130,400	144,300	144,000	67,200	84,200	84,100	75,700	76,000	59,700	59,000	56,900	56,100	54,000	53,600	51,600	50,700	49,400	49,700	50,600	50,800	47,400	47,900	47,900	47,800	47,600	48,200	47,700	48,500	50,500	52,400	51,700	53,800	51,700	50,800	50,900	53,200	52,900	54,500	54,500	54,600	-	-	-	57,600	-	-	-	73,800	-	-	-	75,600	-	-	-	68,900	-
Property Plant And Equipment Net	119,017	120,425	120,724	118,149	120,002	118,536	122,089	120,253	118,470	114,989	116,167	118,468	120,718	121,504	123,717	126,872	129,682	127,156	123,724	123,490	99,401	96,670	93,630	90,685	88,247	84,291	85,174	83,268	82,111	79,329	76,973	77,456	69,872	68,932	70,166	70,462	71,414	74,157	74,430	74,441	74,870	89,480	91,068	94,115	95,736	89,721	91,171	89,680	84,860	81,952	79,211	79,976	78,213	79,409	79,338	78,600	81,120	83,395	85,505	87,728	90,756	93,812	96,285	96,268	92,825	91,391	92,926	96,468	0	96,292	104,450	106,278	109,676	113,588	112,445	115,675	112,495	115,669	116,914	118,148	122,481	127,350	136,847	142,913	148,632	161,062	178,941	186,382	191,958	222,070	251,433	244,164	224,861	194,679	168,415	149,460	139,700	130,400	144,300	144,000	67,200	84,200	84,100	75,700	76,000	59,700	59,000	48,500	56,100	54,000	53,600	51,600	50,700	49,400	49,700	50,600	50,800	47,400	47,900	47,900	47,800	47,600	48,200	47,700	48,500	50,500	52,400	51,700	53,800	51,700	50,800	50,900	53,200	52,900	54,500	54,500	54,600	-	-	-	57,600	-	-	-	73,800	-	-	-	75,600	-	-	-	68,900	-
Property Plant Equipment	0	120,425	120,724	96,280	120,002	118,536	122,089	97,041	118,470	114,989	116,167	118,468	97,437	97,777	99,349	101,755	105,038	102,636	99,878	99,052	99,401	96,670	93,630	90,685	88,247	84,291	85,174	83,268	82,111	79,329	76,973	77,456	69,872	68,932	70,166	70,462	71,414	74,157	74,430	74,441	74,869	89,480	91,068	94,115	93,725	89,721	91,171	89,680	84,860	81,952	79,211	79,976	78,213	79,409	79,338	78,600	81,120	83,395	85,505	87,728	90,756	93,812	96,285	96,268	92,825	91,391	92,926	94,082	96,468	96,227	104,452	106,212	109,676	113,588	112,445	115,675	112,495	115,669	116,914	118,148	122,481	127,350	136,847	142,913	148,632	161,062	178,941	186,382	191,958	222,070	251,433	244,164	224,861	194,679	168,415	149,460	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	602,232	588,144	575,422	563,787	546,703	533,036	522,506	511,197	492,242	484,368	549,553	549,977	539,281	525,624	515,841	512,276	509,766	501,003	499,585	488,951	478,847	445,160	436,274	430,388	420,160	435,099	426,797	418,149	410,979	403,979	401,569	388,392	381,840	396,796	402,863	385,100	380,145	374,515	367,740	362,724	358,997	363,320	357,681	370,194	367,800	360,139	355,410	353,295	352,205	347,542	342,709	339,610	335,524	331,750	325,860	320,994	317,582	314,456	310,990	319,033	362,391	357,749	351,150	342,207	336,548	329,911	323,177	315,370	315,370	312,178	307,344	302,105	296,956	289,453	284,219	281,350	279,064	273,521	270,677	264,864	263,430	260,595	255,564	254,622	255,085	255,568	270,404	274,089	276,988	304,928	308,690	326,705	325,850	303,912	283,438	263,818	245,400	227,400	212,300	198,600	197,300	187,200	179,800	1,100	163,200	164,400	157,600	101,000	144,100	138,700	134,600	130,200	126,500	122,300	118,800	115,000	112,500	108,700	106,200	102,800	100,900	99,500	98,900	97,600	101,000	101,100	101,900	102,400	102,500	178,000	102,700	102,200	102,100	102,000	101,400	99,200	98,600	-	-	-	87,800	-	-	-	94,500	-	-	-	86,500	-	-	-	105,900	-
Retained Earnings Total Equity	0	0	0	563,787	546,703	533,036	522,506	511,197	492,242	484,368	549,553	549,977	539,281	525,624	515,841	512,276	509,766	501,003	499,585	488,951	478,847	445,160	436,274	430,388	420,160	435,099	426,797	418,149	410,979	403,979	401,569	388,392	381,840	396,796	402,863	385,100	380,145	374,515	367,740	362,724	358,997	363,320	357,681	370,194	367,800	360,139	355,410	353,295	352,205	347,542	342,709	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,076	2,076	0	0	57,000	8,719	76,300	82,300	93,859	11,835	90,106	1,006	1,006	9,820	90,677	0	0	13,360	75,380	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	96,859	107,125	105,867	105,101	109,360	111,107	116,490	76,234	74,747	75,616	76,313	76,781	81,057	133,196	168,824	179,456	127,413	140,256	76,778	77,231	50,000	50,000	57,000	74,000	76,300	82,300	93,859	95,006	90,106	96,000	110,800	141,300	90,700	90,500	88,700	83,200	75,000	80,300	76,200	76,600	75,000	128,600	129,500	164,000	153,500	94,500	97,000	108,700	93,281	89,700	74,746	80,300	88,234	77,100	65,900	56,000	69,687	49,500	51,000	86,061	98,036	100,100	92,300	116,700	73,000	61,934	61,506	66,246	60,821	70,279	76,534	82,502	81,756	97,908	88,904	137,815	97,461	87,000	85,000	81,200	75,880	81,000	85,250	85,200	95,350	103,475	120,007	120,097	155,349	207,281	232,398	224,694	202,086	184,161	155,500	159,750	176,800	159,100	168,000	163,100	69,600	83,700	78,900	74,300	69,000	63,400	63,400	17,400	13,600	15,600	15,700	24,000	22,600	20,800	21,200	21,900	23,300	7,100	5,300	14,600	23,800	18,700	17,500	15,500	17,400	24,300	24,100	24,200	20,700	19,800	19,100	17,700	17,800	24,600	22,000	23,100	15,300	-	-	-	27,600	-	-	-	40,400	-	-	-	49,800	-	-	-	41,300	-
Short Term Debt	4,394	4,444	4,293	4,032	3,936	3,532	3,612	3,522	3,393	3,354	3,360	3,271	3,294	3,149	3,051	3,178	2,787	2,677	2,076	2,076	8,890	5,999	10,592	9,174	-14,222	82,300	1,059	1,006	1,006	96,000	110,800	141,300	-47,861	0	0	13,360	75,380	0	0	0	0	0	0	0	0	0	0	0	0	0	246	0	0	0	0	0	0	0	0	197	0	0	0	0	1,000	1,934	1,506	5,611	186	9,634	12,268	14,294	13,463	3,185	3,302	3,954	3,311	0	0	0	0	0	0	18,200	28,350	0	0	13,911	27,500	19,031	24,508	19,993	17,397	8,750	7,500	6,250	5,000	12,800	11,500	10,300	14,000	6,700	6,300	6,000	5,500	4,600	3,900	6,600	2,400	2,200	2,200	10,300	8,900	5,200	5,600	6,300	7,700	6,200	3,400	11,800	13,200	13,400	9,600	6,200	6,600	6,500	7,000	6,600	9,400	8,200	7,600	6,100	8,900	12,200	8,100	6,200	3,300	-	-	-	5,400	-	-	-	6,600	-	-	-	13,100	-	-	-	14,500	-
Short Term Investments	0	1,532	1,629	1,451	1,561	1,258	679	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	741,167	753,962	755,906	747,007	748,487	734,679	729,634	684,746	664,462	651,973	647,298	634,665	626,049	655,853	663,389	685,165	643,354	648,001	580,701	574,008	548,341	549,592	542,553	548,692	537,685	543,283	538,390	527,695	517,697	513,571	519,834	540,339	484,133	488,741	489,270	471,197	456,926	488,762	479,631	474,182	480,265	539,863	528,673	564,550	561,066	481,376	490,089	508,666	480,815	516,475	495,423	499,989	482,584	470,881	447,447	422,439	407,657	406,680	394,355	435,660	488,455	581,308	575,729	582,306	543,692	538,062	534,119	527,833	527,833	561,485	554,151	538,179	533,936	548,864	540,899	594,641	522,177	510,443	512,080	504,861	482,250	482,973	480,023	475,607	490,032	514,247	546,991	550,806	567,931	595,814	629,682	646,113	672,929	607,851	550,394	518,539	522,700	475,000	454,800	431,400	293,200	306,200	309,200	314,800	329,600	334,900	329,900	170,800	249,400	241,100	235,400	236,700	227,100	221,600	214,900	213,200	206,800	190,600	187,100	187,300	185,100	179,900	179,700	175,700	170,800	180,200	180,800	179,300	176,400	178,000	175,500	174,000	172,500	179,100	180,200	178,200	176,600	-	-	-	188,000	-	-	-	205,400	-	-	-	207,900	-	-	-	213,300	-
Total Current Assets	319,349	334,324	329,877	322,644	325,760	326,397	278,550	292,045	289,089	277,449	263,344	246,636	233,231	263,683	264,795	282,978	237,478	245,029	250,419	242,225	239,359	238,998	232,060	242,538	233,609	229,774	222,570	227,220	215,707	216,843	220,472	235,654	251,979	257,708	261,661	254,710	240,401	244,454	235,572	231,533	236,268	307,807	294,067	315,047	309,562	269,153	276,390	293,215	283,386	292,986	275,353	280,242	266,655	259,054	236,768	210,841	193,735	191,692	177,788	208,786	225,842	270,525	266,676	275,356	250,840	243,824	239,116	227,620	227,620	219,911	205,252	188,036	180,674	191,738	186,154	232,315	204,146	209,780	212,039	190,795	164,766	164,452	153,838	145,766	152,334	174,752	189,225	187,409	200,674	198,771	229,863	256,667	305,696	281,586	252,603	244,751	254,300	215,400	195,900	173,700	118,600	151,400	156,200	170,800	185,700	145,500	143,500	87,400	138,200	133,400	129,200	133,600	126,100	123,200	117,500	115,900	110,700	99,900	97,200	98,500	97,300	93,400	93,600	91,600	87,400	94,900	94,400	95,300	91,500	95,400	94,400	93,800	91,200	98,800	100,100	95,500	94,800	-	-	-	106,300	-	-	-	110,400	-	-	-	112,800	-	-	-	123,100	-
Total Current Liabilities	97,039	103,426	107,182	105,776	112,532	121,939	115,376	115,040	114,066	105,072	102,311	106,710	104,932	95,119	77,771	93,238	96,948	100,551	96,315	97,504	103,993	105,660	105,146	102,461	102,412	100,842	94,563	92,996	98,129	101,135	97,095	100,533	101,351	91,603	83,483	82,850	79,982	84,295	85,298	83,184	94,954	121,765	117,480	108,394	114,916	96,073	109,378	116,216	124,237	122,234	118,051	120,825	120,100	111,735	107,371	96,228	90,516	98,465	89,127	90,027	113,241	125,247	132,257	123,645	128,919	128,359	126,169	125,681	125,681	131,594	130,302	117,527	119,933	114,108	116,895	121,179	102,961	103,365	107,936	110,790	95,689	93,037	102,574	120,877	134,556	100,653	104,279	126,953	153,857	126,430	152,459	155,624	202,891	178,341	156,438	134,907	154,500	144,700	119,600	109,400	82,400	90,700	101,200	96,000	92,400	69,800	70,600	37,300	51,400	52,600	51,100	56,900	51,000	47,900	46,800	48,000	44,800	51,100	49,600	52,500	49,900	50,600	48,400	44,100	37,300	38,400	38,200	36,700	39,600	41,700	40,200	38,700	39,100	43,100	43,500	39,900	37,900	-	-	-	47,300	-	-	-	44,000	-	-	-	52,900	-	-	-	48,000	-
Total Liab	214,345	231,295	234,511	232,871	242,263	244,067	243,687	204,568	200,884	194,599	192,989	198,949	202,367	241,887	262,497	287,699	238,135	252,807	185,156	187,115	170,412	173,387	178,793	192,960	193,880	196,674	201,910	201,611	199,815	207,303	217,200	252,091	202,479	193,137	183,738	178,063	167,137	177,243	174,386	172,472	183,370	270,232	267,046	294,828	293,308	209,023	224,619	243,769	217,518	225,421	209,680	218,493	208,334	205,737	190,565	171,244	160,203	164,785	157,228	193,092	211,277	242,281	241,871	257,910	219,445	208,440	208,579	208,810	208,810	211,637	210,918	201,941	204,365	224,674	218,191	270,295	211,473	206,824	209,376	208,470	188,059	197,421	211,278	211,344	225,012	250,763	271,021	279,778	325,058	354,639	399,660	399,335	426,572	385,379	343,287	329,512	357,900	322,400	318,300	306,800	169,400	191,100	197,600	190,500	182,100	149,000	150,600	51,400	83,200	82,200	80,800	86,900	80,800	79,200	76,000	78,100	74,900	62,400	62,000	66,200	65,900	62,000	62,400	59,600	51,400	59,200	58,300	57,300	53,900	55,600	54,000	52,600	50,200	57,200	59,200	58,500	51,700	-	-	-	72,100	-	-	-	79,900	-	-	-	91,000	-	-	-	77,200	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	343,805	0	0	0	317,882	0	0	0	0	0	0	0	0	0	0	0	296,729	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	526,822	522,667	521,395	514,136	506,224	490,612	485,947	480,178	463,578	457,374	454,309	435,716	423,682	413,966	400,892	397,466	405,219	395,194	395,545	386,893	377,929	376,205	363,760	355,732	343,805	346,609	336,480	326,084	317,882	306,268	302,634	288,248	281,654	295,604	305,532	293,134	289,789	311,519	305,245	301,710	296,895	269,631	261,627	269,722	267,758	272,353	265,470	264,897	263,297	291,054	285,743	281,496	274,250	265,144	256,882	251,195	247,454	241,895	237,127	242,568	277,178	339,027	333,858	324,396	324,247	329,622	325,540	319,023	319,023	349,848	343,233	336,238	329,571	324,190	322,708	324,346	310,704	303,619	302,704	296,391	294,191	285,552	268,745	264,263	265,020	263,484	275,970	271,028	242,873	241,175	230,022	246,778	246,357	222,472	207,107	189,027	164,800	152,600	136,500	124,600	123,800	115,100	111,600	124,300	147,500	185,900	179,300	119,400	166,200	158,900	154,600	149,800	146,300	142,400	138,900	135,100	131,900	128,200	125,100	121,100	119,200	117,900	117,300	116,100	119,400	121,000	122,500	122,000	122,500	122,400	121,500	121,400	122,300	121,900	121,000	119,700	124,900	-	-	-	115,900	-	-	-	125,500	-	-	-	116,900	-	-	-	136,100	-
Treasury Stock	0	0	0	-411,557	-402,755	-394,754	-392,976	-385,228	-381,308	-377,461	-372,522	-372,522	-372,522	-372,522	-372,522	-369,746	-364,442	-360,741	-357,698	-353,545	-352,696	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-343,256	-340,785	-336,537	-328,061	-325,168	-322,250	-320,898	-317,661	-317,166	-313,182	-312,451	-312,006	-310,958	-307,134	-306,227	-303,318	-300,584	-298,346	-297,335	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-297,009	-296,781	-296,781	-289,972	-278,518	-273,892	-269,549	-269,516	-268,053	-267,875	-267,126	-267,095	-263,336	-259,185	-255,766	-255,766	-255,676	-253,671	-253,663	-253,658	-253,658	-253,669	-254,006	-254,137	-254,133	-254,775	-254,769	-270,513	-287,538	-291,263	-291,373	-291,367	-291,439	-286,412	-285,188	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Begin Period Cash Flow	156,910	141,465	91,773	100,241	100,933	113,572	113,805	156,928	134,508	124,368	109,571	76,412	73,315	51,167	44,628	52,868	38,630	12,029	61,005	25,346	9,225	13,255	20,564	24,219	16,300	39,800	45,000	18,100	24,900	23,500	18,500	18,100	13,400	13,300	23,400
Capital Expenditures	14,738	14,333	15,641	14,858	21,733	28,488	18,094	20,500	9,723	12,949	13,982	16,323	20,307	13,271	6,537	17,647	16,058	15,787	15,009	12,711	9,044	12,833	77,654	130,416	130,300	21,300	22,400	8,800	11,200	10,000	11,700	8,800	16,000	11,800	10,800
Cash And Cash Equivalents Changes	0	14,345	49,692	-8,468	-692	-12,639	-233	-43,123	22,420	10,140	14,797	33,159	3,097	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	7,502	130,517	6,485	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	6,966	15,445	49,692	-8,468	-692	-12,639	-233	-43,123	22,420	10,140	14,797	33,159	3,097	22,148	6,539	-8,240	14,238	26,601	-48,976	35,659	16,121	-4,030	-7,309	-3,655	7,900	-23,600	-5,100	300	12,400	1,400	5,200	0	4,800	100	-10,200
Change In Working Capital	-3,539	21,609	-6,661	10,064	-6,535	-15,482	-10,340	-9,168	-8,983	-21,867	-3,646	1,579	-12,098	-24,195	19,366	-15,450	-1,759	-4,798	-4,428	-18,626	-27,489	-8,326	37,472	-27,591	-34,800	-12,700	5,000	-800	-3,400	-13,400	-4,300	-1,800	1,100	-800	-10,800
Change Receivables	0	-5,913	-928	-343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	12,590	-5,913	-928	-343	3,784	-9,877	-5,198	-7,120	1,036	4,356	-6,075	9,500	8,345	-23,665	24,023	7,377	5,357	0	8,348	0	0	17,761	64,357	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	2,353	-8,211	-3,570	-578	4,371	-7,521	-5,404	-2,290	2,225	3,437	-2,511	18,832	-16,131	-21,878	17,078	9,585	-12,812	87	-3,579	-10,809	4,336	13,887	44,780	-26,278	-24,900	1,900	10,100	3,400	2,600	-3,300	1,200	3,400	4,500	1,100	-100
Change To Liabilities	0	30,273	-65	7,178	-4,658	5,113	5,387	537	-5,126	-2,692	5,449	0	0	24,660	0	0	4,704	8,404	0	3,855	2,452	0	0	30,505	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	8,218	-24,877	2,685	28,259	11,620	43,600	12,822	31,670	5,901	41,500	21,321	1,224	641	0	0	2,246	1,933	0	150	0	0	5,547	6,187	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	38,026	-5,299	8,052	-10,973	-4,761	-570	1,787	55	-24,803	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	28,710	29,753	26,930	26,670	24,619	22,514	20,674	18,992	16,254	16,971	21,169	19,615	17,548	17,565	19,531	24,178	26,762	24,896	27,059	26,082	33,605	43,373	51,674	44,325	33,900	19,200	17,000	11,700	11,700	11,200	12,100	11,700	13,100	13,100	13,400
Dividends Paid	-5,040	5,131	5,173	5,179	5,238	5,285	5,260	5,234	5,291	5,374	4,874	4,759	4,119	4,089	4,056	4,063	4,279	4,307	4,343	4,537	4,087	3,947	3,429	3,337	3,300	3,400	3,800	3,900	3,100	2,100	2,200	3,900	3,800	3,900	3,400
End Period Cash Flow	163,876	156,910	141,465	91,773	100,241	100,933	113,572	113,805	156,928	134,508	124,368	109,571	76,412	73,315	51,167	44,628	52,868	38,630	12,029	61,005	25,346	9,225	13,255	20,564	24,200	16,200	39,900	18,400	37,300	24,900	23,700	18,500	18,200	13,400	13,200
Exchange Rate Changes	0	0	159	-751	346	187	-793	-415	228	722	1,006	-216	-82	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	74,073	106,864	70,500	61,925	42,672	29,664	39,954	26,702	28,901	19,474	23,589	25,331	1,884	6,053	40,059	16,452	32,545	31,398	29,510	1,256	16,054	9,616	-11,802	-19,561	-74,600	31,100	36,500	4,000	15,700	2,600	5,900	4,000	100	9,100	5,100
Investments	-19,995	-111,188	-15,896	-23,167	-95,502	-28,485	-36,674	-81,267	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	33,638	-4,600	-45,100	49,700	-26,300	-13,950	-1,600	15,700	15,700	-78,500	79,100	4,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	60,532	59,575	-41,866	34,686	36,146	46,532	14,448	34,380	6,954	26,522	-3,929	20,333	20,967	22,038	-34,050	29,886	25,412	24,197	22,234	19,956	12,575	-17,850	-45,375	83,802	51,500	37,500	22,800	1,900	17,200	14,000	6,600	1,900	4,200	7,300	14,300
Other Cashflows From Financing Activities	-3,263	753,856	-2,153	-2,974	-2,657	-1,468	1,503,796	2,454,991	313	-2,835	294	160	206	3,496,976	2,911,368	-719	6,718	-15,632	-30,263	40,756	-19,470	-57,163	-42,883	41,969	69,900	-4,900	41,200	-1,700	-1,100	4,500	900	100	2,900	4,700	-100
Other Cashflows From Investing Activities	0	-96,855	-255	-8,309	-73,769	3	-18,580	-60,767	593	4,951	76,768	-60,621	-822	1,537	1,356	308	65	14,482	6,093	19,813	3,990	2,809	10,741	7,000	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	1,973	2,042	132,615	3,994	2,747	340	12,372	-10,037	30,124	3,237	7,190	-3,771	-9,138	-2,696	32,207	-3,203	-3,426	4,071	-383	1,186	1,832	-2,289	4,556	7,242	-1,300	-600	14,900	-1,100	-1,700	-1,300	1,900	-1,100	700	1,300	-1,000
Sale Purchase Of Stock	-40,926	-21,447	-8,786	-8,080	-11,746	-9,440	0	0	-18,088	-8,002	-6,208	-10,374	-3,575	0	0	-7,037	-20,344	-2,309	-11,283	-2,005	0	170	0	-9,284	-9,200	-61,600	-10,100	-100	0	0	0	0	0	-7,700	-1,200
Stock Based Compensation	5,181	7,726	6,105	3,417	5,015	5,256	4,184	2,738	3,195	2,660	4,219	4,099	3,746	4,035	3,555	3,375	42	-3,066	-9,102	-14,784	4,262	18,343	43,726	0	11,700	2,800	700	800	-100	-400	500	0	-3,700	0	0
Total Cash From Financing Activities	-65,399	4,336	-20,712	-61,333	30,059	-42,493	-20,814	-8,643	-7,302	-15,007	-86,566	65,806	-2,616	15,553	-34,594	-2,092	-17,524	-22,136	-45,889	12,720	-5,374	-18,229	-6,324	12,569	57,400	-69,900	27,300	-5,100	-3,800	2,600	-1,300	-5,100	-900	-9,000	-16,700
Total Cash From Operating Activities	88,811	121,197	86,141	76,783	64,405	58,152	58,048	47,202	38,624	32,423	37,571	41,654	22,191	19,324	46,596	34,099	48,603	47,185	44,519	13,967	25,098	22,449	65,852	110,855	55,700	52,400	58,900	12,800	26,900	12,600	17,600	12,800	16,100	20,900	15,900
Total Cashflows From Investing Activities	0	-111,188	-15,896	-23,167	-95,502	-28,485	-36,674	-81,267	-9,130	-7,998	62,786	-74,085	-16,396	0	0	0	0	0	0	7,102	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Begin Period Cash Flow	160,112	150,878	143,537	156,910	147,908	98,739	126,118	141,465	128,527	117,397	103,392	91,773	131,740	145,981	150,955	100,241	101,199	105,578	100,708	100,933	103,754	102,861	121,383	113,572	116,152	107,814	121,819	113,805	114,433	119,912	130,964	156,928	150,755	146,791	138,333	134,508	130,884	127,230	118,969	124,368	96,730	86,044	109,432	109,571	88,620	83,039	84,441	76,412	89,172	75,056	74,163	73,315	73,031	65,234	58,764	51,167	40,329	26,835	44,622	44,628	53,711	45,370	59,347	52,868	44,956	37,161	36,364	29,723	29,723	17,651	12,637	12,029	17,085	14,194	58,237	61,005	47,925	48,199	32,861	25,346	19,646	6,665	7,661	9,225	11,627	15,047	7,672	13,255	7,849	18,590	14,123	20,564	16,179	21,111	22,526	24,219	9,100	15,000	16,400	16,300	18,000	10,100	9,300	39,800	49,600	30,700	46,600	45,000	36,600	32,700	42,400	37,300	29,600	19,300	21,700	24,900	14,100	11,200	18,400	23,500	1,400	1,400	16,200	18,500	0	100	16,200	18,100	0	1,000	14,300	13,400	0	0	11,100	13,300
Capital Expenditures	3,502	2,749	3,947	4,540	5,073	2,269	3,591	3,400	7,501	4,170	2,332	1,638	4,417	3,196	2,675	4,570	6,434	5,869	4,105	5,325	7,688	5,890	7,998	6,912	6,107	2,877	5,304	3,806	6,033	6,984	4,606	2,877	3,164	2,654	2,713	1,192	3,943	3,015	3,216	2,775	3,074	2,549	3,660	4,699	3,685	2,902	3,601	6,135	7,161	6,620	3,358	3,168	2,766	4,298	4,674	1,533	1,856	1,831	1,425	1,425	3,891	4,096	6,172	3,488	6,763	3,024	3,584	4,679	4,679	5,260	3,369	2,479	2,460	6,638	2,907	3,004	2,590	3,908	4,233	1,980	2,838	1,721	2,265	2,220	1,492	3,349	3,319	4,673	5,727	15,693	24,127	32,107	47,004	35,673	27,223	20,516	12,900	104,700	88,400	101,100	4,100	6,200	6,100	4,900	6,300	5,500	5,800	1,000	4,200	3,700	5,100	4,200	3,600	2,600	2,300	2,700	2,300	1,900	2,900	2,900	3,300	2,500	3,500	2,400	1,000	3,000	2,700	2,100	3,700	4,200	4,300	3,800	3,500	2,300	2,900	3,100
Cash And Cash Equivalents Changes	0	0	0	-13,335	8,771	49,349	-28,428	-15,347	12,938	11,130	14,005	11,619	-39,967	-14,241	-4,974	50,714	-958	-4,379	4,870	-225	-2,821	893	-18,522	7,811	-2,580	8,338	-14,005	8,014	-628	-5,479	-11,052	-25,964	6,173	3,964	8,458	3,825	3,624	3,654	8,261	-5,399	27,638	10,686	-23,388	-139	20,951	5,581	-1,402	8,029	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	72	4,054	-205	3,961	-308	4,604	103,568	20,254	2,091	1,975	1,749	1,243	1,518	0	-1,240	-2,153	-1,383	0	-1,572	1,219	198	0	-2,237	-880	-16	0	1,568	1,258	-3,330	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	3,764	9,234	7,341	-13,373	9,002	49,169	-27,379	-15,347	12,938	11,130	14,005	11,619	-39,967	-14,241	-4,974	50,714	-958	-4,379	4,870	-225	-2,821	893	-18,522	7,811	-2,580	8,338	-14,005	8,014	-628	-5,479	-11,052	-25,964	6,173	3,964	8,458	3,825	3,624	3,654	8,261	-5,399	27,638	10,686	-23,388	-139	20,951	5,581	-1,402	8,029	-12,760	14,116	893	848	284	7,797	6,470	7,597	10,838	13,494	-17,787	-6	-9,083	8,341	-13,977	6,479	7,912	7,795	797	8,907	8,907	12,072	5,014	608	-5,056	2,891	-44,043	-2,768	13,080	-274	15,338	7,515	5,700	12,981	-996	-1,564	-2,402	-3,420	7,375	-5,583	5,406	-10,741	4,467	-6,441	4,385	-4,932	-1,415	-1,693	15,100	-5,900	-1,400	100	-1,800	8,000	-26,000	-30,400	-9,800	19,000	-15,900	-7,000	8,300	-1,300	-9,600	5,100	7,700	10,300	-2,400	-3,200	11,000	2,800	-9,900	-4,100	3,400	1,400	1,400	-2,300	-7,000	-100	100	-1,900	-1,100	-100	1,000	900	-4,000	-900	-3,800	-2,200
Change In Working Capital	11,411	154	545	-15,649	53	38,932	-6,453	-10,923	3,644	-669	-7,736	-1,900	5,142	5,816	-254	-640	3,088	7,564	-6,042	-11,145	-5,563	-6,245	-4,533	859	-5,431	5,308	-3,249	-6,968	-1,113	1,413	848	-10,316	-9,860	11,692	749	-11,564	-2,591	-8,232	3,985	-15,029	2,556	1,050	7,500	-14,752	9,040	416	3,906	-11,783	2,026	-5,136	2,106	-11,094	-2,223	-8,939	-9,503	-3,530	-2,916	-9,100	40,630	-9,248	7,284	-8,013	3,451	-18,172	-188	3,570	2,309	3,660	17,839	1,973	669	-11,100	4,777	-8,207	-512	-486	1,380	-3,649	785	-17,142	-3,924	-9,826	-12,555	-1,184	-2,949	2,449	-2,802	-5,024	25,831	4,188	14,423	-6,970	-19,628	-3,455	-6,138	1,630	-10,000	-8,400	-21,100	-5,300	-4,100	6,300	900	-15,800	-2,200	12,100	-2,200	4,000	2,800	200	-4,400	800	1,700	6,800	-6,500	-5,400	-5,100	-2,600	-2,000	-3,700	-600	-700	700	-3,700	4,000	1,400	600	-6,800	-400	2,900	-900	-500	5,400	-5,600	4,300	-4,900
Change Receivables	0	0	0	-5,906	7,647	-699	-2,892	-9,969	-3,515	2,271	1,437	-1,121	-2,428	-15,765	11,674	6,176	0	5,779	-2,712	-2,682	0	-3,776	-6,887	1,435	0	2,152	-1,957	7	0	-166	2,317	-8,122	0	-3,518	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	12,393	6,934	-831	-5,906	7,647	-699	-2,892	-9,969	-3,515	2,271	1,437	-1,121	-2,428	-15,765	11,674	6,176	3,399	5,779	-2,712	-2,682	-649	-3,776	-6,887	1,435	-5,400	2,152	-1,957	7	-1,149	-166	2,317	-8,122	4,554	3,110	4,314	-10,942	5,471	-2,461	6,897	-5,551	1,564	-2,335	-375	-4,929	-520	10,403	-1,777	1,394	1,726	-3,569	9,077	1,111	-5,736	-4,159	-11,387	-2,383	3,978	-1,807	4,526	17,326	7,377	0	0	0	5,357	3,305	-3,320	4,341	0	2,853	-10,464	-3,216	8,348	-3,663	7,933	2,078	0	3,699	1,114	-11,373	0	2,932	-5,961	4,019	17,761	8,400	8,234	1,495	64,357	54,928	11,700	35,900	0	-21,100	-7,300	15,900	0	-12,500	-18,500	-37,200	0	7,500	5,300	-26,000	0	14,300	-12,900	-10,700	0	700	0	0	0	2,400	0	-7,000	0	1,400	-3,700	-4,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	6,325	-3,623	435	-784	2,175	-3,209	-6,562	-615	1,620	-2,196	-942	-2,052	-1,538	3,288	1,677	-4,005	2,446	1,565	-693	1,053	-1,476	-770	-4,487	-788	-1,069	402	-2,661	-2,076	28	-3,160	-124	966	2,259	2,880	-1,683	-1,231	1,548	-1,743	-1,486	5,118	466	805	-3,754	-28	-651	4,231	12,366	2,886	-1,947	-3,551	-1,736	-8,897	-291	-6,912	-8,989	-5,686	6,047	1,501	9,215	315	9,585	0	0	0	-818	1,482	-2,256	6,751	6,751	-2,217	-3,562	-885	-2,213	198	-1,425	-139	2,748	-1,011	-5,795	-6,751	5,508	-2,377	1,057	148	4,715	2,117	627	6,428	13,812	5,834	18,000	7,134	-13,588	-10,504	-6,851	4,665	-10,000	-10,200	-4,600	-20,800	-400	4,100	4,300	-6,100	1,200	3,800	3,500	2,500	-500	-700	500	800	1,300	2,300	-500	-500	900	-600	-1,900	-1,700	2,200	2,600	-900	-2,700	2,500	1,900	300	-1,300	400	700	1,500	1,900	-300	-1,400	1,800	1,000
Change To Liabilities	0	-2,830	0	-8,808	-13,134	6,306	247	45	2,287	1,641	-6,297	2,864	7,846	17,294	-14,283	-3,679	-1,124	1,701	-198	-7,829	352	-2	5,708	65	3,749	4,568	1,429	-4,883	537	3,113	-2,560	170	-5,126	5,120	0	-8,490	-2,692	0	0	0	5,449	33	0	0	0	0	0	0	0	0	0	0	24,660	20,241	17,095	6,045	0	0	0	0	0	0	0	0	4,704	7,826	8,256	2,642	8,404	13,963	8,797	0	0	0	0	1,688	3,855	8,109	12,554	3,778	2,452	0	0	0	0	0	0	0	0	0	0	0	30,505	24,949	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	760	760	1,350	1,750	1,695	1,698	3,145	5,164	79,178	18,824	3,220	-168	1,258	18	1,577	22,854	-95	2,409	3,091	4,720	5,360	-673	2,213	33,611	3,804	2,630	3,555	13,245	7,672	-6,880	-1,215	46,659	-5,116	-4,069	-5,804	10,116	-2,830	9,773	-11,158	15,057	8,459	25,040	-7,056	7,836	7,084	12,790	-6,389	0	0	0	0	641	0	0	0	0	0	0	0	0	0	0	0	2,246	0	0	0	1,933	0	0	0	0	0	0	0	150	0	0	0	0	0	0	0	0	0	0	0	5,547	0	0	0	6,187	2,536	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-327	-327	-327	3,917	36,534	1,850	-4,275	611	-2,385	-1,934	-1,591	5,144	6,056	1,645	-4,793	-34	-956	273	-10,256	-6,864	2,863	3,062	-3,822	-570	563	1,290	-117	1,787	1,626	1,215	314	55	0	0	-1,075	-24,803	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	7,300	7,250	7,257	6,918	8,026	7,962	7,016	6,749	6,699	6,719	6,712	6,800	6,851	6,676	6,611	6,532	6,581	6,119	5,995	5,924	6,165	5,388	5,478	5,483	5,613	5,388	4,965	4,708	4,982	5,085	4,904	4,021	4,267	3,894	4,028	4,065	4,249	4,321	4,153	4,248	4,492	5,321	5,470	5,886	5,032	4,937	4,856	4,790	4,372	4,410	4,365	4,401	4,321	4,412	4,481	4,351	4,612	4,425	5,229	5,265	5,721	4,523	7,895	6,039	6,597	6,485	7,908	5,918	5,918	5,778	6,561	6,639	7,233	6,177	6,801	6,848	6,432	5,641	6,749	7,260	8,118	8,166	8,509	8,812	9,953	10,567	11,625	11,228	11,816	13,858	12,349	13,651	11,317	11,666	11,108	10,234	8,700	7,900	11,000	6,300	5,600	4,700	4,400	4,500	5,800	3,600	3,800	2,300	2,900	3,100	3,200	3,300	2,400	3,000	3,100	3,200	2,400	2,800	3,100	2,900	2,800	3,000	3,100	3,200	2,300	2,800	3,200	3,400	3,000	3,300	3,500	3,300	3,400	3,100	3,300	3,300
Dividends Paid	-1,248	1,257	1,263	1,272	1,276	1,279	1,287	1,289	1,291	1,297	1,294	1,291	1,291	1,290	1,299	1,299	1,304	1,309	1,315	1,310	1,323	1,324	1,320	1,318	1,318	1,318	1,314	1,310	1,311	1,311	1,309	1,303	1,307	1,316	1,332	1,336	1,336	1,345	1,342	1,351	1,350	1,179	1,174	1,171	1,185	1,189	1,192	1,193	1,030	1,033	1,030	1,026	1,026	1,025	1,019	1,019	1,016	1,016	1,012	1,012	1,012	1,012	1,029	1,010	1,075	1,059	1,069	1,080	1,080	1,075	1,076	1,076	1,084	1,100	1,081	1,078	1,074	1,234	1,060	1,169	1,009	1,031	1,022	1,025	1,015	1,006	995	931	875	876	844	834	833	846	834	824	800	900	800	800	800	800	900	900	1,000	900	1,000	1,000	900	900	800	800	800	700	800	800	500	600	500	500	700	500	500	500	1,000	1,000	900	1,000	0	0	900	1,000	1,000	1,000	900	1,000
End Period Cash Flow	163,876	160,112	150,878	143,537	156,910	147,908	98,739	126,118	141,465	128,527	117,397	103,392	91,773	131,740	145,981	150,955	100,241	101,199	105,578	100,708	100,933	103,754	102,861	121,383	113,572	116,152	107,814	121,819	113,805	114,433	119,912	130,964	156,928	150,755	146,791	138,333	134,508	130,884	127,230	118,969	124,368	96,730	86,044	109,432	109,571	88,620	83,039	84,441	76,412	89,172	75,056	74,163	73,315	73,031	65,234	58,764	51,167	40,329	26,835	44,622	44,628	53,711	45,370	59,347	52,868	44,956	37,161	38,630	38,630	29,723	17,651	12,637	12,029	17,085	14,194	58,237	61,005	47,925	48,199	32,861	25,346	19,646	6,665	7,661	9,225	11,627	15,047	7,672	13,255	7,849	18,590	14,123	20,564	16,179	21,111	22,526	24,200	9,100	15,000	16,400	-1,800	8,000	-26,000	9,400	-9,800	19,000	-15,900	-7,000	8,300	-1,300	-9,600	42,400	7,700	10,300	-2,400	21,700	11,000	2,800	-9,900	19,400	3,400	1,400	1,400	16,200	18,500	-100	100	16,200	-1,100	-100	1,000	14,300	-4,000	-900	-3,800	11,100
Exchange Rate Changes	0	0	0	0	0	0	0	23	-284	364	-361	440	-673	-320	-121	363	133	180	-219	252	71	272	234	-390	-259	-139	-411	16	458	-227	-40	-606	-481	-108	372	445	135	25	236	326	630	200	787	-611	-201	-310	747	-452	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	28,567	19,386	19,474	6,646	20,385	58,118	12,475	15,886	18,523	17,162	16,343	18,472	23,069	22,377	9,122	7,357	17,236	10,682	10,486	4,268	7,904	8,949	-431	13,242	4,974	20,819	8,188	5,973	9,582	10,848	8,796	-2,524	11,342	5,970	12,298	-709	13,137	2,272	12,918	-8,853	9,002	12,729	10,045	-8,187	12,983	10,099	12,490	-10,241	1,654	-2,084	7,988	-5,674	8,463	-2,549	-3,656	3,795	10,689	16,523	18,274	-5,427	10,088	3,721	11,598	-8,955	10,605	12,746	7,763	14,016	14,016	5,803	11,429	150	12,302	-1,480	10,818	7,870	1,714	1,047	7,215	-8,720	6,783	6,867	-3,575	5,979	3,786	11,144	-1,337	-3,977	23,131	-2,793	-3,794	-28,346	-14,292	-10,704	4,578	857	6,800	-84,000	92,800	-90,200	16,700	12,900	9,000	-7,500	11,000	18,000	4,200	8,700	9,900	4,700	-1,000	4,300	6,900	11,500	-1,200	-1,500	500	1,300	1,800	-1,000	4,100	700	2,300	-1,200	8,700	300	500	-5,500	-900	2,700	-700	-1,000	3,800	400	8,200	-3,300
Investments	-3,502	-2,749	-3,950	-7,896	-5,400	-2,269	-75,635	-27,884	-7,501	-4,170	-2,587	-1,638	-12,726	-3,196	-2,675	-4,570	-6,752	-79,442	-4,034	-5,274	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-376	-376	-3,409	-1,840	-5,549	41,027	41,027	41,027	41,027	0	-4,600	-51,700	-35,000	-9,900	51,500	-13,000	62,700	62,700	62,700	62,700	-7,000	-17,000	-2,300	-6,000	-11,650	-1,200	4,900	-6,900	-14,800	-30,500	50,600	200	1,800	5,500	8,200	-5,300	4,100	-400	1,600	-53,600	-900	-34,500	10,500	59,000	-2,500	-11,700	34,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	15,320	13,971	12,897	18,344	14,940	11,798	12,598	20,239	9,165	-63,896	875	11,990	14,948	11,073	4,857	3,808	10,062	2,722	11,943	11,419	17,564	10,211	7,209	11,548	-13,621	9,619	9,966	8,484	8,310	3,720	14,487	7,863	-13,653	-4,760	19,080	6,287	6,964	8,117	6,361	5,080	-2,981	6,819	-11,335	3,568	8,832	5,917	3,301	2,283	5,856	5,863	4,132	5,116	4,800	6,915	5,892	4,431	4,143	4,481	-7,025	-35,649	5,652	7,611	9,957	6,666	7,667	7,794	5,905	5,744	5,744	5,912	6,316	6,225	8,575	6,330	3,942	3,387	6,618	3,921	6,897	2,520	3,947	6,074	1,983	571	545	-13,821	-2,673	-1,901	-27,009	-2,890	-17,173	1,697	22,779	21,315	20,461	19,247	18,900	15,900	14,500	2,200	10,900	8,200	9,700	8,700	-300	7,700	8,400	300	6,400	5,000	5,400	4,400	5,100	4,200	4,600	3,300	4,600	3,000	3,900	2,500	2,000	1,000	1,800	1,800	300	200	500	900	400	1,300	1,500	1,000	1,100	1,400	3,200	1,600
Other Cashflows From Financing Activities	-14	-9	-98	197,533	202,993	212,227	190,199	148,437	-163	-160	188,272	235,598	-1,063	1,080,092	1,433,000	-1,903	-4	-16	150,000	-2,637	140,525	153,896	398,094	330,377	339,167	371,898	416,397	376,334	400,995	571,100	910,300	572,596	169	-3	30	117	-3,070	13	247,871	222	278	-14	-12	42	-7	-32	121	78	-1,110,261	2	1,038,452	958,347	978,999	935,628	814,071	768,278	761,992	707,130	816,094	626,152	-18,376	7,803	-24,342	36,886	11,144	533	-6,188	-3,818	-4,650	-6,290	-6,919	739	-16,225	9,034	-52,431	25,971	10,356	4	1,626	5,271	-5,073	-4,245	51	-10,203	-8,058	-16,541	-86	-32,308	-54,767	-11,620	11,135	22,984	7,654	22,295	-1,961	-2,798	18,300	-18,900	5,100	65,400	-8,300	2,000	-7,000	8,400	-18,300	600	49,000	-5,800	-1,900	-400	-8,000	1,400	1,900	-500	-700	-1,400	15,800	1,900	-9,400	-3,600	-200	1,000	1,900	-1,800	-5,800	800	-1,100	8,900	-1,100	-100	1,900	300	-2,900	-1,100	3,200	9,700
Other Cashflows From Investing Activities	0	-3,359	-3,359	-3,356	-327	-96,528	-72,044	-24,484	-255	-255	-255	0	-8,309	0	0	0	-318	-73,573	71	51	2	1	1	0	56	628	-19,265	1	48	11	12,001	-72,827	-1,285	1,878	2	1	3,100	-59	86	1,824	76,175	404	119	70	-45,822	149	-743	-14,205	6,800	3,057	0	0	1,537	1,530	960	155	1,356	1,309	1,309	198	308	34	46	0	65	39	45	36	14,482	14,453	1,227	513	6,093	1,636	800	499	19,813	19,286	19,036	11,869	3,990	3,952	3,851	3,892	2,809	2,178	1,757	135	10,741	0	0	0	7,000	5,580	4,692	4,307	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	206	139	1,390	223	689	70	1,207	76	1,352	107,466	21,859	1,938	713	1,050	565	1,666	927	460	242	1,118	76	125	87	52	12,917	274	-1,181	362	492	1,367	-11,466	-430	26,704	1,690	2,118	738	1,135	1,570	3,763	-527	3,144	953	9,478	-1,676	-4,151	6,381	3,206	1,641	3,131	4,555	9,689	-1,228	2,431	-449	177	-715	5,862	21,551	-18,254	-33	-4,678	3,696	-3,533	366	747	-1,343	-4,775	3,373	2,440	-2,600	1,252	865	-5,823	858	3,494	1,125	-10,126	-958	-2,983	622	1,480	4,174	753	-29	-2,271	15,298	-4,168	-3,607	41,675	88	10,339	-3,820	18,244	-4,557	1,591	-3,566	2,100	5,300	-100	12,900	8,400	-100	100	-4,800	14,000	100	-100	3,100	2,000	100	-100	0	1,300	100	-100	100	900	0	-300	200	1,900	-100	200	-4,700	3,100	-1,100	-1,100	-900	-200	-600	-500	-1,000	-2,600	3,800	300	-200
Sale Purchase Of Stock	-15,036	-8,328	-8,760	-8,802	-8,001	-1,778	-7,748	-3,920	-3,847	-4,939	0	0	8,080	-8,080	-2,776	-5,304	-3,701	-3,043	-4,153	-849	-9,440	0	0	13,581	0	0	0	20,188	0	0	0	12,748	-2,465	-4,254	-8,476	-2,893	-2,918	-1,352	-3,237	-495	-3,984	-731	-445	-1,048	-3,824	-907	-2,909	-2,734	-2,238	-1,011	-300	400	0	-100	0	100	0	0	0	0	228	-228	-6,800	0	-11,422	-4,579	-4,300	-1,363	-1,363	-178	-800	0	-3,758	-4,137	-3,400	0	0	-2,000	0	0	0	11,400	2,700	300	0	1,900	0	0	0	0	0	0	1,923	-5,025	-3,090	-3,092	-6,100	-700	-1,900	-500	-6,100	-4,500	-18,100	-32,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	-100	-100	0	0	0	0	-100	0	-1,800	-5,800
Stock Based Compensation	540	1,406	1,649	1,586	1,919	2,241	1,616	1,950	1,999	984	1,903	1,219	1,253	1,119	817	228	1,065	1,157	1,579	1,214	1,152	1,918	1,263	923	1,670	827	807	880	979	792	685	282	540	293	842	1,520	821	660	400	779	1,078	660	1,163	1,318	918	1,010	957	1,214	383	1,002	1,181	1,180	1,124	744	906	1,261	844	909	859	943	0	0	0	0	560	-518	0	1,094	0	0	0	865	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,100	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-25,462	-9,970	-13,342	-16,625	-11,287	-8,769	31,164	-6,772	-5,301	-6,396	-1,722	-7,293	-54,054	-36,298	-13,975	42,994	-18,009	58,332	-5,468	-4,796	-10,798	-8,328	-18,326	-5,041	-7,351	-12,970	-2,517	2,024	-10,716	-16,111	-31,809	49,993	-3,403	-3,773	-4,214	4,088	-12,748	1,416	-4,979	1,304	-58,169	-2,647	-34,339	8,589	53,991	-4,357	-14,989	31,161	-18,568	12,912	-6,798	9,838	-8,153	10,176	9,001	4,529	375	-2,531	-37,106	4,668	-19,160	6,563	-25,371	35,876	-1,353	-5,105	-7,257	-6,261	-6,261	-7,543	-7,995	-337	-21,067	3,797	-53,512	24,893	9,282	-1,230	566	4,102	-2,328	6,110	1,770	-10,926	-7,336	-15,660	6,397	-1,630	-26,269	-12,496	10,291	22,150	8,744	16,424	-5,885	-6,714	11,400	-20,500	2,400	64,100	-15,200	-3,300	-26,000	-25,400	-19,300	-300	48,000	-7,000	-2,800	-1,300	-8,800	600	1,100	-1,200	-1,500	-2,200	15,300	1,300	-9,900	-4,100	-900	500	1,400	-2,300	-7,000	-100	-1,600	3,600	-1,100	-100	1,000	-700	-4,000	-2,100	-3,800	900
Total Cash From Operating Activities	32,069	22,135	23,421	11,186	25,458	60,387	16,066	19,286	26,024	21,332	18,675	20,110	27,486	25,573	11,797	11,927	23,670	16,551	14,591	9,593	15,592	14,839	7,567	20,154	11,081	23,696	13,492	9,779	15,615	17,832	13,402	353	14,506	8,624	15,011	483	17,080	5,287	16,134	-6,078	12,076	15,278	13,705	-3,488	16,668	13,001	16,091	-4,106	8,815	4,536	11,346	-2,506	11,229	1,749	1,018	5,328	12,545	18,354	19,699	-4,002	13,979	7,817	17,770	-5,467	17,368	15,770	11,347	18,695	18,695	11,063	14,798	2,629	14,762	5,158	13,725	10,874	4,304	4,955	11,448	-6,740	9,621	8,588	-1,310	8,199	5,278	14,493	1,982	696	28,858	12,900	20,333	3,761	32,712	24,969	31,801	21,373	19,700	20,700	4,400	10,900	20,800	19,100	15,100	-2,600	17,300	23,500	10,000	9,700	14,100	8,400	4,100	8,500	10,500	14,100	1,100	1,200	2,800	3,200	4,700	1,900	7,400	3,200	5,800	1,200	9,700	3,300	3,200	-3,400	2,800	6,900	3,600	2,800	7,300	2,700	11,100	-200
Total Cashflows From Investing Activities	0	-14,595	-11,846	-7,896	-5,400	-2,269	-75,635	-27,884	-7,501	-4,170	-2,587	-1,638	-12,726	-3,196	-2,675	-4,570	-6,752	-79,442	-4,034	-5,274	-7,686	-5,890	-7,997	-6,912	-6,051	-2,249	-24,569	-3,805	-5,985	-6,973	7,395	-75,704	-4,449	-779	-2,711	-1,191	-843	-3,074	-3,130	-951	73,101	-2,145	-3,541	-4,629	-49,507	-2,753	-3,251	-18,574	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,345	0	0	0	0	0	0	7,102	9,165	12,823	9,889	0	0	0	1,672	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Cost Of Revenue	359,563	376,331	328,306	285,003	311,424	305,510	282,562	256,251	255,201	274,058	288,108	475,536	478,657	432,731	400,142	554,634	553,253	534,784	495,069	421,560	366,275	366,775	466,363	566,484	441,200	236,600	282,600	174,600	213,700	200,600	177,500	174,600	176,000	189,100	196,600	194,900	197,100	189,500	194,900
Depreciation And Amortization	28,700	29,753	-135,248	26,670	24,619	22,514	20,674	18,992	16,254	16,971	21,169	19,615	17,548	17,565	19,531	24,178	26,762	24,896	27,059	26,082	33,605	43,373	51,674	44,325	33,900	19,200	17,000	11,700	11,700	11,200	12,100	11,700	13,100	13,100	13,400	26,400	14,000	15,600	13,900
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	-5,926	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	75,051	55,088	78,166	23,911	35,680	42,736	27,769	33,553	13,199	47,615	8,812	4,218	10,570	11,722	-1,964	12,219	35,871	36,844	37,608	27,806	23,179	21,104	31,560	127,929	108,400	47,600	64,700	1,400	25,400	19,200	10,900	3,200	1,300	9,100	13,100	29,900	16,400	27,200	9,700
Ebitda	75,051	84,841	-57,082	50,581	60,299	65,250	48,443	52,545	29,453	64,586	29,981	23,833	28,118	29,287	17,567	36,397	62,633	61,740	64,667	53,888	56,784	64,477	83,234	172,254	142,300	66,800	81,700	13,100	37,100	30,400	23,000	14,900	14,400	22,200	26,500	56,300	30,400	42,800	23,600
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	348	-18,001	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Gross Profit	190,859	210,538	184,619	139,063	157,575	164,973	140,431	140,428	127,109	129,963	121,353	101,382	109,849	119,910	98,840	137,073	132,692	120,830	122,415	109,756	96,712	91,029	111,291	300,039	235,900	133,800	132,600	52,800	86,500	68,100	59,500	52,800	53,500	61,900	65,400	80,700	64,000	56,000	66,700
Income Before Tax	75,153	80,737	-60,880	45,479	50,266	58,103	40,253	57,245	12,261	39,348	18,063	26,942	26,337	28,026	-20,414	29,295	32,475	30,666	35,403	25,917	6,248	-23,800	-60,491	117,127	74,100	49,500	35,100	3,800	27,700	21,500	10,300	3,800	6,200	9,500	17,400	800	14,400	-23,100	11,700
Income Tax Expense	14,621	21,162	-19,014	10,793	14,120	11,571	25,805	22,865	5,307	12,826	16,066	6,609	5,370	5,988	13,636	-591	7,063	6,469	13,169	5,961	-6,327	-5,950	-15,116	32,796	22,600	15,400	12,300	1,900	10,500	7,500	3,700	1,900	2,000	2,200	3,100	3,000	3,900	3,500	3,800
Interest Expense	3,331	2,192	2,111	3,272	2,648	2,085	3,343	3,702	2,628	2,326	1,463	839	862	689	1,722	3,814	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	3,803	866	840	1,047	1,737	1,826	1,284	1,305	445	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	60,532	59,575	-41,866	34,686	36,146	46,532	14,448	34,380	6,954	26,522	-3,929	20,333	20,967	22,038	-34,050	29,886	25,412	24,197	22,234	19,956	12,575	-17,850	-45,375	83,802	51,500	37,500	22,800	1,900	17,200	14,000	2,000	1,900	4,200	7,300	14,300	-2,200	10,500	-26,600	9,400
Net Income Applicable To Common Shares	0	59,575	-41,866	34,686	36,146	46,532	14,448	34,380	6,954	26,522	-3,929	20,333	20,967	22,038	0	29,886	25,412	24,197	22,234	19,956	12,575	0	0	84,331	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	60,152	59,575	-41,866	34,686	36,146	69,674	66,058	80,110	6,954	26,522	1,997	20,333	20,967	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	592	-866	-1,271	-2,225	-911	-259	-2,059	-2,397	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	-10,077	-135,248	3,622	-901	-850	5,101	-2,219	-3,224	-649	3,640	2,818	3,216	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	1,912	1,687	1,830	7,385	5,062	4,847	-8,402	29,105	5,941	10,455	6,386	2,878	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Operating Income	75,051	55,088	78,166	23,911	35,680	61,038	38,495	63,166	18,113	42,323	17,787	26,688	25,240	27,843	-17,829	30,830	32,275	32,818	40,339	31,128	13,816	-14,769	-48,489	128,630	95,800	49,600	51,300	3,200	27,400	20,700	11,100	3,200	4,400	10,000	16,100	16,800	17,100	3,300	12,100
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Operating Expenses	468,297	491,951	434,759	377,107	407,799	404,383	379,651	341,915	349,633	355,757	381,219	554,178	560,388	523,354	481,415	655,310	651,269	619,428	577,145	500,188	444,608	454,230	586,104	737,893	581,300	320,800	363,900	224,200	272,800	248,000	225,900	224,200	225,100	241,000	245,900	258,800	244,000	242,200	249,500
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	29,451	29,753	26,930	26,670	24,619	22,514	20,674	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Research Development	24,918	24,100	23,856	24,317	25,967	25,304	25,146	24,040	22,461	22,563	23,222	20,918	19,990	18,313	14,154	18,306	15,896	15,873	17,092	19,063	21,476	24,118	32,762	32,583	25,300	13,400	13,300	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	87,830	91,520	82,597	67,787	70,408	73,569	71,943	61,624	57,430	59,136	69,989	80,386	71,890	72,310	67,119	82,589	82,078	70,913	68,049	63,485	56,857	63,337	80,214	94,501	80,900	51,600	51,000	37,900	47,400	36,200	36,300	37,900	36,000	38,800	35,900	37,500	32,900	37,100	40,700
Tax Provision	18,145	21,162	-19,014	10,793	14,120	11,571	25,805	22,865	5,307	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Operating Expenses	108,734	115,620	106,453	92,104	96,375	98,873	97,089	85,664	94,432	81,699	93,111	78,642	81,731	90,623	81,273	100,676	98,016	84,644	82,076	78,628	78,333	87,455	119,741	171,409	140,100	84,200	81,300	49,600	59,100	47,400	48,400	49,600	49,100	51,900	49,300	63,900	46,900	52,700	54,600
Total Other Income Expense Net	102	25,649	-139,046	21,568	14,586	-7,738	-1,030	4,878	-20,861	-9,376	-8,716	5,041	-919	-572	-36,259	-3,288	-1,195	-658	2,731	3,322	-4,800	-17,530	-40,010	701	-12,600	2,000	-13,400	1,800	2,000	1,500	200	1,800	3,100	900	3,000	-13,100	700	-23,900	2,400
Total Revenue	550,422	586,869	512,925	424,066	468,999	470,483	422,993	396,679	382,310	404,021	409,461	576,918	588,506	552,641	498,982	691,707	685,945	655,614	617,484	531,316	462,987	457,804	577,654	866,523	677,100	370,400	415,200	227,400	300,200	268,700	237,000	227,400	229,500	251,000	262,000	275,600	261,100	245,500	261,600

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Cost Of Revenue	82,630	88,151	94,440	94,342	91,277	98,565	93,134	93,355	83,860	76,720	81,889	85,836	80,327	76,871	57,630	70,176	76,340	78,594	79,480	77,010	77,428	76,777	76,208	75,097	78,035	68,705	69,892	65,930	65,723	63,056	64,236	63,237	63,128	59,200	66,698	66,175	67,352	67,458	69,157	70,091	72,220	122,034	116,072	118,332	111,497	110,763	128,356	124,920	118,161	118,610	119,051	122,358	115,903	109,393	108,511	98,924	102,940	100,380	98,520	98,302	133,081	136,684	145,938	138,931	142,656	140,997	136,680	147,590	147,590	136,830	131,945	118,419	121,676	120,224	126,054	127,115	112,578	102,737	108,707	97,538	104,571	84,841	92,177	84,686	93,185	87,059	96,616	89,915	106,544	102,551	120,845	124,418	152,659	149,141	132,233	132,451	130,400	108,500	115,000	77,300	-9,300	72,400	84,100	89,500	84,400	61,200	74,800	42,500	52,800	52,600	58,700	57,100	51,500	52,500	54,200	55,500	51,900	49,400	52,000	47,300	41,300	41,600	46,800	44,600	42,500	43,300	44,300	44,400	43,700	44,400	44,700	43,300	42,900	47,500	50,400	48,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation And Amortization	7,300	7,250	361	6,918	8,026	3,450	2,484	7,307	6,699	6,719	6,712	6,800	6,851	6,676	6,611	6,532	6,581	6,119	5,995	5,924	6,165	5,388	5,478	5,483	5,613	5,388	4,965	4,708	4,982	5,085	4,904	4,021	4,267	3,894	4,028	4,065	4,249	4,321	4,153	4,248	4,492	5,321	5,470	5,886	5,032	4,937	4,856	4,790	4,372	4,410	4,365	4,401	4,321	4,412	4,481	4,351	4,612	4,425	5,229	5,265	5,721	4,523	7,895	6,039	6,597	6,485	7,908	5,918	5,918	5,778	6,561	6,639	7,233	6,177	6,801	6,848	6,432	5,641	6,749	7,260	8,118	8,166	8,509	8,812	9,953	10,567	11,625	11,228	11,816	13,858	12,349	13,651	11,317	11,666	11,108	10,234	8,700	7,900	11,000	6,300	5,600	4,700	4,400	4,500	5,800	3,600	3,800	2,300	2,900	3,100	3,200	3,300	2,400	3,000	3,100	3,200	2,400	2,800	3,100	2,900	2,800	3,000	3,100	3,200	2,300	2,800	3,200	3,400	3,000	3,300	3,500	3,300	3,400	3,100	3,300	3,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-5,926	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebit	17,297	15,710	18,432	17,397	13,925	22,644	22,686	26,046	9,722	-88,986	-6,654	15,425	13,577	16,134	6,937	549	9,318	4,246	11,249	16,830	12,888	15,841	13,314	17,040	-3,127	16,864	15,404	13,688	8,269	14,466	11,817	12,785	5,062	-3,836	13,630	6,265	10,455	14,062	12,957	10,141	5,314	12,194	3,189	-2,067	671	2,112	9,319	2,381	9,810	8,113	5,497	5,955	7,574	7,876	7,822	6,400	8,297	1,858	-2,060	-74	3,936	11,596	14,352	7,934	13,578	9,597	8,134	5,974	6,277	7,601	10,847	13,079	12,951	8,579	10,354	5,645	9,391	5,426	8,023	5,027	7,929	8,174	4,572	2,504	2,846	20,037	-2,181	402	17,417	-424	8,486	6,081	35,742	30,019	31,255	30,913	30,200	36,300	23,600	27,800	8,200	12,600	14,800	11,700	31,400	10,100	13,700	-100	11,200	7,400	7,600	5,700	8,800	5,800	6,500	4,400	6,700	4,100	5,300	3,400	3,200	5,400	3,000	2,400	1,200	700	-500	1,500	0	1,500	1,700	-2,100	1,800	2,100	3,900	1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	24,597	22,960	18,793	24,315	21,951	26,094	25,170	33,353	16,421	-82,267	58	22,225	20,428	22,810	13,548	7,081	15,899	10,365	17,244	22,754	19,053	21,229	18,792	22,523	2,486	22,252	20,369	18,396	13,251	19,551	16,721	16,806	9,329	58	17,658	10,330	14,704	18,383	17,110	14,389	9,806	17,515	8,659	3,819	5,703	7,049	14,175	7,171	14,182	12,523	9,862	10,356	11,895	12,288	12,303	10,751	12,909	6,283	3,169	5,191	9,657	16,119	22,247	13,973	20,175	16,082	16,042	11,892	12,195	13,379	17,408	19,718	20,184	14,756	17,155	12,493	15,823	11,067	14,772	12,287	16,047	16,340	13,081	11,316	12,799	30,604	9,444	11,630	29,233	13,434	20,835	19,732	47,059	41,685	42,363	41,147	38,900	44,200	34,600	34,100	13,800	17,300	19,200	16,200	37,200	13,700	17,500	2,200	14,100	10,500	10,800	9,000	11,200	8,800	9,600	7,600	9,100	6,900	8,400	6,300	6,000	8,400	6,100	5,600	3,500	3,500	2,700	4,900	3,000	4,800	5,200	1,200	5,200	5,200	7,200	4,600	-185,700	63,100	70,700	67,900	-193,600	66,800	71,400	72,200	-173,200	62,800	65,100	62,400	-176,700	62,000	58,300	59,700	-195,300	64,000
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	589	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	42,064	46,401	50,742	51,652	51,004	53,346	51,848	54,340	48,671	45,662	47,696	42,591	42,691	36,906	26,567	32,899	38,700	37,057	41,204	40,615	42,645	42,082	41,813	38,433	32,875	37,538	35,794	34,224	35,861	36,641	34,457	33,468	30,154	31,446	33,373	32,136	33,026	32,499	33,823	30,615	30,166	37,529	35,489	31,180	26,801	26,594	25,938	22,049	25,838	27,460	27,868	29,160	29,122	29,969	30,340	30,479	30,948	26,185	21,878	19,829	29,746	33,350	40,153	33,824	35,617	33,793	32,944	25,930	25,930	28,846	33,980	32,074	32,922	28,986	32,292	28,215	29,918	26,312	28,917	24,609	27,454	23,655	24,520	21,083	23,357	23,885	21,109	22,678	19,246	28,602	22,878	52,570	80,735	72,911	74,378	72,015	68,300	71,700	62,800	43,000	22,500	34,200	40,400	36,600	42,100	28,800	32,700	11,700	28,000	23,900	25,100	23,100	22,400	21,400	22,200	20,500	15,900	16,600	18,600	17,100	14,500	16,500	15,800	15,800	11,700	12,900	13,400	14,900	12,500	13,600	14,700	12,500	14,400	15,200	17,600	14,900	60,200	63,100	70,700	67,900	65,200	66,800	71,400	72,200	70,800	62,800	65,100	62,400	65,500	62,000	58,300	59,700	54,200	64,000
Income Before Tax	17,627	18,737	16,080	22,709	20,771	17,298	16,922	25,746	14,751	-89,819	-601	14,789	19,359	14,236	5,893	5,990	12,837	7,200	15,949	14,280	16,873	14,355	11,571	15,304	145	13,959	13,924	12,225	11,371	11,730	22,179	11,965	-679	-6,923	10,859	9,004	8,757	11,924	9,642	9,025	6,488	10,392	783	2,758	12,724	7,408	4,513	2,297	7,210	7,499	5,035	6,593	5,728	9,360	7,257	5,681	7,907	5,654	2,704	-36,679	4,021	3,963	12,764	8,547	10,013	9,865	7,475	6,258	6,258	7,819	8,289	8,300	13,973	8,222	8,809	4,399	8,595	5,092	8,870	3,360	5,263	-2,420	2,644	761	727	-18,428	-3,565	-2,534	-36,003	-3,853	-22,898	2,263	31,637	29,605	28,418	27,467	27,200	22,700	20,900	3,300	9,800	11,800	14,500	13,400	-1,600	12,200	13,500	1,200	10,100	8,100	8,400	7,000	9,100	6,700	7,100	4,900	7,700	4,700	5,600	3,600	3,100	1,900	2,800	2,600	1,200	300	1,000	1,300	800	1,800	2,100	1,400	1,500	1,900	4,100	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	2,307	4,766	3,183	4,365	5,831	5,500	4,324	5,507	5,586	-25,923	-1,476	2,799	4,412	3,163	1,036	2,182	2,775	4,478	4,006	2,861	-691	4,144	4,362	3,756	13,766	4,340	3,958	3,741	3,061	8,010	7,692	4,102	12,974	-2,163	-8,221	2,717	1,793	3,807	3,281	3,945	1,811	3,573	12,118	-810	3,892	1,491	1,212	14	1,354	1,636	903	1,477	928	2,445	1,365	1,250	3,764	1,173	9,729	-1,030	-1,631	-3,648	2,807	1,881	2,346	2,071	1,570	514	514	1,907	1,973	2,075	5,398	1,892	4,867	1,012	1,977	1,171	1,973	840	1,316	-8,494	661	190	182	-4,607	-892	-633	-8,994	-963	-5,725	566	8,858	8,290	7,957	7,691	8,300	6,800	6,400	1,100	2,300	3,600	4,800	4,700	-1,300	4,500	5,000	900	3,700	3,000	3,100	2,600	4,000	2,500	2,500	1,600	3,100	1,700	1,700	1,100	1,100	800	1,000	800	900	100	500	400	400	500	600	400	400	400	900	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	822	997	818	694	702	342	602	546	534	514	508	555	655	857	909	851	903	812	467	466	484	489	571	541	1,134	773	752	684	956	917	1,009	820	673	714	653	588	563	568	582	613	421	849	633	502	311	159	626	659	567	549	511	492	357	254	228	235	263	239	471	888	1,217	931	1,058	1,059	859	869	681	691	706	803	1,034	1,111	1,349	1,254	1,582	1,717	1,294	1,118	1,590	1,533	1,678	2,139	1,899	1,972	2,496	2,100	2,882	2,670	3,503	2,673	3,100	3,200	3,623	3,000	2,800	3,000	0	2,700	2,700	1,000	0	300	400	100	0	1,000	400	300	0	300	0	0	0	400	0	500	0	100	200	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income	1,538	45	1,072	1,063	14	167	263	180	151	230	257	202	195	640	304	331	341	524	440	34	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	15,320	13,971	12,897	18,344	14,940	11,798	12,598	20,239	9,165	-63,896	875	11,990	14,947	11,073	4,857	3,808	10,062	2,722	11,943	11,419	17,564	10,211	7,209	11,548	-13,621	9,619	9,966	8,484	8,310	3,720	14,487	7,863	-13,653	-4,760	19,080	6,287	6,964	8,117	6,361	5,080	-2,981	6,819	-11,335	3,568	8,832	5,917	3,301	2,283	5,856	5,863	4,132	5,116	4,800	6,915	5,892	4,431	4,143	4,481	-7,025	-35,649	5,652	7,611	9,957	6,666	7,667	7,794	5,905	5,744	5,744	5,912	6,316	6,225	8,575	6,330	3,942	3,387	6,618	3,921	6,897	2,520	3,947	6,074	1,983	571	545	-13,821	-2,673	-1,901	-27,009	-2,890	-17,173	1,697	22,779	21,315	20,461	19,247	18,900	15,900	14,500	2,200	10,900	8,200	9,700	8,700	-300	7,700	8,500	300	6,400	5,100	5,300	4,400	5,100	4,200	4,600	3,300	4,600	3,000	3,900	2,500	2,000	1,100	1,800	-2,800	300	200	500	900	400	1,300	1,500	1,000	1,100	1,500	3,200	1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income Applicable To Common Shares	0	13,971	12,897	18,344	14,940	11,798	12,598	20,239	9,165	-63,896	875	11,990	14,948	11,073	4,857	3,808	10,062	2,722	11,943	11,419	17,564	10,211	7,209	11,548	-13,621	9,619	9,966	8,484	8,310	3,720	14,487	7,863	-13,653	-4,760	19,080	6,287	6,964	8,117	6,361	5,080	-2,981	6,819	-11,335	3,568	8,832	5,917	3,301	2,283	5,856	5,863	4,132	5,116	4,800	6,915	5,892	4,431	4,143	4,481	0	0	4,982	7,215	9,568	6,297	7,667	7,794	5,905	4,046	7,651	6,247	5,259	5,040	7,495	5,932	3,942	3,387	6,618	3,921	6,897	2,520	3,947	6,074	1,983	571	545	0	0	0	0	0	-1,697	1,697	22,779	21,315	20,461	19,776	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	15,320	13,971	12,897	18,344	14,940	11,798	12,598	20,239	9,165	-63,896	875	11,990	14,948	11,073	4,857	3,808	10,062	2,722	11,943	11,419	40,706	10,211	7,209	11,548	37,989	9,619	9,966	8,484	54,040	3,720	14,487	7,863	-13,653	-4,760	19,080	6,287	6,964	8,117	6,361	5,080	2,945	6,819	-11,335	3,568	8,832	5,917	3,301	2,283	0	5,863	5,938	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	716	-45	254	369	14	-175	-339	-366	-383	-284	-251	-353	-460	-640	-605	-520	-562	-288	-27	-34	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Operating Income Net Other	0	0	0	1,228	-157	-5,004	-5,162	246	-3,150	-108,272	-20,672	-3,154	2,879	1,834	560	-1,651	1,350	-2,112	-667	528	340	-1,274	-2,402	2,486	1,299	1,621	1,468	713	-1,819	157	-909	352	-937	-2,359	968	-896	-990	1,269	279	-1,207	1,645	1,148	136	711	1,180	1,188	-574	1,024	0	294	276	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Recurring	0	0	0	912	478	492	630	312	1,136	319	151	81	414	1,041	135	240	2,120	2,353	828	2,084	1,698	997	1,172	1,195	1,208	2,132	728	779	-10,427	1,819	206	149,125	11,708	14,541	2,118	738	1,135	1,570	2,733	503	1,700	953	7,243	559	3,002	245	3,139	0	0	0	-694	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	17,297	18,188	18,432	17,397	13,925	22,644	22,686	26,046	18,436	18,967	20,579	18,498	17,137	13,259	6,242	8,492	12,391	10,124	17,083	14,218	17,017	16,118	14,544	13,359	-19	13,111	13,208	12,196	14,146	12,490	24,097	12,433	931	-3,850	10,544	10,488	10,310	11,223	9,945	10,845	5,110	10,093	1,726	2,962	12,239	6,804	5,713	1,932	7,200	7,754	4,527	5,759	5,984	7,771	7,741	6,347	8,259	6,283	3,169	-35,540	3,780	4,885	13,784	8,381	9,508	9,917	7,902	6,277	6,277	8,192	9,066	9,283	15,143	9,204	10,321	5,671	9,737	5,854	10,628	4,909	7,369	-654	4,507	2,594	2,977	-16,499	-1,475	228	-33,683	-886	-19,685	5,765	35,401	31,292	31,255	30,682	30,000	25,900	23,600	16,100	8,300	12,800	15,200	13,100	15,500	11,700	13,800	700	10,800	7,900	8,200	6,600	9,100	6,500	7,000	4,900	7,300	4,400	5,500	3,600	3,200	2,200	3,000	2,600	700	700	300	1,500	600	1,700	2,000	-100	1,700	2,300	4,200	1,900	-185,700	63,100	70,700	67,900	-193,600	66,800	71,400	72,200	-173,200	62,800	65,100	62,400	-176,700	62,000	58,300	59,700	-195,300	64,000
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	107,397	113,138	124,855	122,907	120,173	128,775	121,666	121,337	112,959	103,096	108,855	109,848	105,467	99,477	77,820	94,343	100,490	103,174	102,773	101,323	101,360	101,744	102,305	98,976	109,722	91,000	91,750	87,179	86,514	85,388	85,967	84,272	83,016	92,123	87,409	87,085	88,933	87,164	90,302	89,358	94,928	148,517	142,592	145,991	133,391	130,308	145,442	145,037	134,615	138,316	141,698	145,759	137,597	131,591	131,110	123,056	125,629	120,282	117,229	118,275	156,945	161,947	172,194	164,224	166,364	164,873	161,722	167,243	167,243	156,998	155,939	139,248	139,455	140,006	148,025	149,659	132,759	123,195	126,996	117,238	124,656	104,587	112,190	103,175	113,565	109,100	119,200	112,365	133,445	132,039	149,397	171,223	197,993	190,760	175,356	173,784	168,700	154,300	154,200	104,200	4,900	93,800	109,300	113,000	111,000	78,300	93,700	53,500	70,000	68,600	75,600	73,600	64,800	67,400	69,400	71,100	60,500	61,600	65,100	60,800	52,600	55,900	59,600	57,800	53,500	55,500	57,400	57,800	55,600	56,300	57,400	55,900	55,600	60,400	63,800	61,200	245,900	-	-	-	258,800	-	-	-	244,000	-	-	-	242,200	-	-	-	249,500	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	7,285	7,250	7,257	6,918	8,026	7,962	7,016	6,749	6,699	6,719	6,712	6,800	6,851	6,676	6,611	6,532	6,581	6,119	5,995	5,924	6,165	5,388	5,478	5,483	5,613	5,388	4,965	4,708	4,982	5,085	4,904	4,021	4,267	3,894	4,028	4,065	4,249	4,321	4,153	4,248	4,492	5,321	5,470	5,886	5,032	4,937	4,856	4,790	4,372	4,410	4,365	4,401	4,321	4,412	4,481	4,351	4,612	4,425	5,229	5,265	5,721	4,523	7,895	6,039	6,597	6,485	7,908	5,918	5,918	5,778	6,561	6,639	7,233	6,177	6,801	6,848	6,432	5,641	6,749	7,260	8,118	8,166	8,509	8,812	9,953	10,567	11,625	11,228	11,816	13,858	12,349	13,651	11,317	11,666	11,108	10,234	8,700	7,900	11,000	6,300	5,600	4,700	4,400	4,500	5,800	3,600	3,800	3,800	2,900	3,100	3,200	3,300	2,400	3,000	3,100	3,200	2,400	2,800	3,100	2,900	2,800	3,000	3,100	3,200	2,300	2,800	3,200	3,400	3,000	3,300	3,500	3,300	3,400	3,100	3,300	3,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research Development	5,290	6,321	6,721	6,586	5,405	6,207	6,294	6,194	5,686	6,454	6,029	5,687	5,664	5,723	5,522	7,408	6,113	6,806	6,257	6,791	5,804	6,517	6,476	6,507	6,714	6,380	6,049	6,003	5,626	6,284	5,967	6,163	6,083	5,692	5,487	5,199	5,798	5,807	5,332	5,626	5,481	5,718	5,771	6,252	5,328	4,350	5,131	6,109	5,208	5,163	4,590	5,029	4,328	5,086	4,316	4,583	3,927	3,408	3,466	3,353	4,730	4,509	4,750	4,317	3,619	4,055	4,102	3,936	3,936	3,775	4,070	4,092	3,762	3,976	4,567	4,787	4,813	4,693	4,673	4,884	5,393	5,052	5,390	5,641	5,574	5,390	6,021	7,133	7,376	8,118	7,488	9,780	8,524	8,237	7,955	7,867	7,500	6,600	6,600	4,700	3,200	3,000	3,700	3,500	4,100	3,100	3,100	3,000	0	2,900	0	0	0	2,000	0	2,300	0	1,400	1,500	1,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	19,477	18,666	23,694	21,979	23,491	24,003	22,238	21,788	23,413	19,922	20,937	18,325	19,477	16,883	14,668	16,759	18,037	17,774	17,036	17,522	18,128	18,450	19,621	17,372	24,973	15,915	15,809	15,246	15,165	16,048	15,764	14,872	13,805	12,700	15,200	15,700	15,783	13,900	15,800	13,600	7,068	17,800	20,749	21,407	22,217	19,387	19,400	19,400	16,816	18,300	18,400	18,400	17,366	17,100	18,300	19,500	18,762	16,500	15,200	16,600	19,353	20,800	21,500	21,000	20,047	19,821	20,900	15,745	15,745	16,300	19,500	16,900	16,276	16,200	17,900	17,800	15,969	16,000	16,600	14,900	14,692	14,700	14,600	12,800	14,806	16,700	16,563	15,317	17,831	19,669	19,300	23,400	25,493	21,700	24,100	23,200	22,100	21,300	21,600	15,900	5,400	11,700	14,200	12,700	16,700	10,400	12,000	11,800	14,300	10,000	13,700	13,200	10,900	10,000	12,100	10,100	6,200	9,300	10,100	10,600	0	8,100	9,700	10,000	0	9,400	9,800	10,000	0	8,500	9,300	9,300	0	9,700	10,100	9,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	2,307	4,766	3,183	4,365	5,831	5,500	4,324	5,507	5,586	-25,923	-1,476	2,799	4,412	3,163	1,036	2,182	2,775	4,478	4,006	2,861	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	24,767	24,987	30,415	28,565	28,896	30,210	28,532	27,982	29,099	26,376	26,966	24,012	25,140	22,606	20,190	24,167	24,150	24,580	23,293	24,313	23,932	24,967	26,097	23,879	31,687	22,295	21,858	21,249	20,791	22,332	21,731	21,035	19,888	32,923	20,711	20,910	21,581	19,706	21,145	19,267	22,708	26,483	26,520	27,659	21,894	19,545	17,086	20,117	16,454	19,706	22,647	23,401	21,694	22,198	22,599	24,132	22,689	19,902	18,709	19,973	23,864	25,263	26,256	25,293	23,708	23,876	25,042	19,653	19,653	20,168	23,994	20,829	17,779	19,782	21,971	22,544	20,181	20,458	18,289	19,700	20,085	19,746	20,013	18,489	20,380	22,041	22,584	22,450	26,901	29,488	28,552	46,805	45,334	41,619	43,123	41,333	38,300	45,800	39,200	26,900	14,200	21,400	25,200	23,500	26,600	17,100	18,900	11,000	17,200	16,000	16,900	16,500	13,300	14,900	15,200	15,600	8,600	12,200	13,100	13,500	11,300	14,300	12,800	13,200	11,000	12,200	13,100	13,400	11,900	11,900	12,700	12,600	12,700	12,900	13,400	13,000	-245,900	-	-	-	-258,800	-	-	-	-244,000	-	-	-	-242,200	-	-	-	-249,500	-
Total Other Income Expense Net	330	-2,632	-2,352	5,312	6,846	-5,346	-5,764	-300	-4,438	-108,821	-21,080	-3,437	2,268	576	121	-2,222	-1,151	-4,989	-1,935	-1,988	-1,815	-2,684	-4,046	809	-279	-874	442	-319	-2,966	-1,865	10,131	-195	-10,991	-5,445	-2,003	-2,422	-2,952	-1,008	-3,142	-2,274	-989	-247	-7,553	-261	8,128	518	-4,180	575	-2,033	-65	49	1,130	-1,489	1,738	-337	-484	-127	-390	6	-35,717	-1,342	-3,509	-455	597	-1,669	320	-232	303	303	1,077	-861	-1,834	2,192	625	-33	26	346	428	2,605	-118	-560	-4,265	-65	90	131	-18,193	706	-174	-25,072	-462	-14,160	-316	-341	1,273	-2,837	-231	-200	-400	-2,700	-11,700	100	200	400	1,400	-15,900	1,600	100	800	-400	500	600	900	300	700	500	500	600	400	200	200	-100	-300	-200	200	500	-400	900	-200	600	300	300	2,000	-100	300	300	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	124,694	134,552	145,182	145,994	142,281	151,911	144,982	147,695	132,531	122,382	129,585	128,427	123,018	113,777	84,197	103,075	115,040	115,651	120,684	117,625	120,073	118,859	118,021	113,530	110,910	106,243	105,686	100,154	101,584	99,697	98,693	96,705	93,282	90,646	100,071	98,311	100,378	99,957	102,980	100,706	102,386	159,563	151,561	149,512	138,298	137,357	154,294	146,969	143,999	146,070	146,919	151,518	145,025	139,362	138,851	129,403	133,888	126,565	120,398	118,131	162,827	170,034	186,091	172,755	178,273	174,790	169,624	173,520	173,520	165,676	165,925	150,493	154,598	149,210	158,346	155,330	142,496	129,049	137,624	122,147	132,025	108,496	116,697	105,769	116,542	110,944	117,725	112,593	125,790	131,153	143,723	176,988	233,394	222,052	206,611	204,466	198,700	180,200	177,800	120,300	13,200	106,600	124,500	126,100	126,500	90,000	107,500	54,200	80,800	76,500	83,800	80,200	73,900	73,900	76,400	76,000	67,800	66,000	70,600	64,400	55,800	58,100	62,600	60,400	54,200	56,200	57,700	59,300	56,200	58,000	59,400	55,800	57,300	62,700	68,000	63,100	60,200	63,100	70,700	67,900	65,200	66,800	71,400	72,200	70,800	62,800	65,100	62,400	65,500	62,000	58,300	59,700	54,200	64,000

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	550,422
Cost of Revenue	-359,563
Gross Profit	190,859	190,859

Operating Income (+$)
Gross Profit	190,859
Operating Expense	-108,734
Operating Income	75,051	82,125

Operating Expense (+$)
Research Development	24,918
Selling General Administrative	87,830
Selling And Marketing Expenses	0
Operating Expense	108,734	112,748

Net Interest Income (+$)
Interest Income	3,803
Interest Expense	-3,331
Other Finance Cost	-120
Net Interest Income	592

Pretax Income (+$)
Operating Income	75,051
Net Interest Income	592
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	75,153	74,949 EBIT - interestExpense = 71,720 75,153 63,863
Interest Expense	3,331
Earnings Before Interest and Taxes (EBIT)	75,051	78,484
Earnings Before Interest and Taxes (EBITDA)	75,051

After tax Income (+$)
Income Before Tax	75,153
Tax Provision	-18,145
Net Income From Continuing Ops	60,152	57,008
Net Income	60,532
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	468,297
Total Other Income/Expenses Net	102	-592

Technical Analysis of CTS Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of CTS Corporation. The general trend of CTS Corporation is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine CTS Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (28.6%)		Bearish trend (-28.6%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of CTS Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 44.24 < 44.56 < 44.58.

The bearish price targets are: 42.35 > 41.19 > 40.29.

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CTS Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of CTS Corporation. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending down: The MA 50 is trending down. -1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close < MA 100: The price is below the MA 100. -1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

CTS Corporation Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of CTS Corporation. The current macd is -0.13364296.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the CTS Corporation price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for CTS Corporation. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the CTS Corporation price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

CTS Corporation Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of CTS Corporation. The current adx is 18.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell CTS Corporation shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

CTS Corporation Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of CTS Corporation. The current sar is 46.82.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

CTS Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of CTS Corporation. The current rsi is 39.10. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

CTS Corporation Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of CTS Corporation. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the CTS Corporation price going down in the near term. -2
Trending up: The STOCH %K is trending up. +1

CTS Corporation Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of CTS Corporation. The current cci is -213.91561036.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

CTS Corporation Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of CTS Corporation. The current cmo is -33.52710368.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

CTS Corporation Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of CTS Corporation. The current willr is -98.85931559.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of CTS Corporation.

CTS Corporation Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of CTS Corporation. The current atr is 1.08705197.

CTS Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of CTS Corporation. The current obv is -831,855.

CTS Corporation Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of CTS Corporation. The current mfi is 22.61.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

CTS Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for CTS Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-01	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-07	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-11	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-13	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-14	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-18	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-19	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-20	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-26	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-03	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-17	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-23	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-31	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-06	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-08	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-12	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-02-27	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-28	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-19	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-04	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-16	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of CTS Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	39.103
Ma 20	Greater than	Ma 50	45.445
Ma 50	Greater than	Ma 100	45.024
Ma 100	Greater than	Ma 200	43.385
Open	Greater than	Close	43.660
Total			4/5 (80.0%)

Create your own Symbol Scanner

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Quick analysis of CTS Corporation (30 sec.)

What can you expect buying and holding a share of CTS Corporation? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of CTS Corporation (5 min.)

$43.10

$16.86

$20.68 - $34.13

$37.54 - $50.99

2. Growth of CTS Corporation (5 min.)

Is CTS Corporation growing?

How much money is CTS Corporation making?

How much money comes from the company's main activities?

3. Financial Health of CTS Corporation (5 min.)

4. Comparing to competitors in the Electronic Components industry (5 min.)

Industry Rankings (Electronic Components)

What can you expect buying and holding a share of CTS Corporation? (5 min.)

What can you expect buying and holding a share of CTS Corporation?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of CTS Corporation

About CTS Corporation

Financial Health

Valuation

1.1. Profitability of CTS Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Electronic Components)

1.1.2. Return on Assets

Trends

Compared to industry (Electronic Components)

1.1.3. Return on Equity

Trends

Compared to industry (Electronic Components)

1.2. Operating Efficiency of CTS Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Electronic Components)

1.2.2. Operating Ratio

Trends

Compared to industry (Electronic Components)

1.3. Liquidity of CTS Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Electronic Components)

1.3.2. Quick Ratio

Trends

Compared to industry (Electronic Components)

1.4. Solvency of CTS Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Electronic Components)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Electronic Components)

2. Market Valuation of CTS Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Electronic Components)

CTS Corporation
Buy, Hold or Sell?