SpartanNash Co
Buy, Hold or Sell?

Let's analyse Spartannash together

Penke I guess you are interested in SpartanNash Co. 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 SpartanNash Co. 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.

Get notifications about SpartanNash Co

I send you an email if I find something interesting about SpartanNash Co.

Quick analysis of Spartannash (30 sec.)

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

How much money do you get?

$0.85

When do you have the money?

1 year

How often do you get paid?

97.5%

What is your share worth?

Current worth

$22.48

Expected worth in 1 year

$23.61

How sure are you?

77.5%

+ What do you gain per year?

Total Gains per Share

$1.98

Return On Investment

10.3%

For what price can you sell your share?

Current Price per Share

$19.22

Expected price per share

$18.57 - $21.26

How sure are you?

50%

1. Valuation of Spartannash (5 min.)

Live pricePrice per Share (EOD)

$19.22

Book Value per Share

$22.48

Intrinsic Value Per Share

$-126.36 - $-8.83

Total Value Per Share

$-103.88 - $13.65

My calculation of the intrinsic value of Spartannash 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: ($0.56) 3Y: ($0.27) TTM: ($-0.03)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.04) 3Y: ($-0.24) TTM: ($-0.02)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-1.27	$1.78	$-2.78 - $1.56
2	$-5.97	$2.88	$-6.63 - $0.90
3	$-13.71	$3.32	$-10.48 - $0.23
4	$-24.13	$3.16	$-14.32 - $-0.44
5	$-36.89	$2.41	$-18.17 - $-1.10
6	$-51.71	$1.13	$-22.02 - $-1.77
7	$-68.30	$-0.67	$-25.87 - $-2.44
8	$-86.42	$-2.95	$-29.72 - $-3.11
9	$-105.84	$-5.68	$-33.56 - $-3.77
10	$-126.36	$-8.83	$-37.41 - $-4.44

2. Growth of Spartannash (5 min.)

Is Spartannash growing?

	Current year	Previous year	Grow	Grow %
How rich?	$778.1m	$783.8m	-$13m	-1.7%

How much money is Spartannash making?

	Current year	Previous year	Grow	Grow %
Making money	$13m	$8.6m	$4.4m	33.9%
Net Profit Margin	0.5%	0.3%	-	-

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

Quarterly Yearly

3. Financial Health of Spartannash (5 min.)

4. Comparing to competitors in the Food Distribution industry (5 min.)

Industry Rankings (Food Distribution)

Richest
#15 / 72

Most Revenue
#14 / 72

Most Profit
#21 / 72

Most Efficient
#38 / 72

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

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

What can you expect buying and holding a share of Spartannash?

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

Speculation

The Price per Share of Spartannash is $19.22. 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 Spartannash.
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 Spartannash, 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 $22.48. Based on the TTM, the Book Value Change Per Share is $0.28 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.08 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 $0.21 per quarter.

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

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	0.30	1.5%	0.38	2.0%	0.24	1.3%	0.34	1.8%	0.28	1.4%
Usd Book Value Change Per Share	-0.03	-0.2%	0.28	1.5%	-0.08	-0.4%	0.13	0.7%	0.05	0.3%
Usd Dividend Per Share	0.21	1.1%	0.21	1.1%	0.21	1.1%	0.19	1.0%	0.17	0.9%
Usd Total Gains Per Share	0.18	0.9%	0.49	2.6%	0.13	0.7%	0.32	1.7%	0.22	1.1%
Usd Price Per Share	22.95	-	23.07	-	30.61	-	21.21	-	23.72	-
Price to Earnings Ratio	19.27	-	16.42	-	128.31	-	18.66	-	16.45	-
Price-to-Total Gains Ratio	127.39	-	71.92	-	-911.82	-	-197.57	-	-65.66	-
Price to Book Ratio	1.02	-	1.04	-	1.40	-	1.00	-	1.13	-
Price-to-Total Gains Ratio	127.39	-	71.92	-	-911.82	-	-197.57	-	-65.66	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	19.22
Number of shares	52

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.21	0.19
Usd Book Value Change Per Share	0.28	0.13
Usd Total Gains Per Share	0.49	0.32
Gains per Quarter (52 shares)	25.72	16.64
Gains per Year (52 shares)	102.86	66.57

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	44	59	93	40	27	57
2	89	117	196	80	53	124
3	133	176	299	120	80	191
4	177	234	402	160	107	258
5	222	293	505	199	133	325
6	266	351	608	239	160	392
7	310	410	711	279	187	459
8	355	468	814	319	213	526
9	399	527	917	359	240	593
10	444	585	1020	399	267	660

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%	12.0	0.0	0.0	100.0%	18.0	2.0	0.0	90.0%	36.0	4.0	0.0	90.0%	100.0	10.0	0.0	90.9%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	7.0	5.0	0.0	58.3%	11.0	9.0	0.0	55.0%	26.0	14.0	0.0	65.0%	84.0	26.0	0.0	76.4%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	0.0	1.0	95.0%	39.0	0.0	1.0	97.5%	91.0	0.0	19.0	82.7%
Total Gains per Share	4.0	0.0	0.0	100.0%	10.0	2.0	0.0	83.3%	14.0	6.0	0.0	70.0%	31.0	9.0	0.0	77.5%	89.0	21.0	0.0	80.9%

Fundamentals of Spartannash

About SpartanNash Co

https://www.spartannash.com
Food Distribution
10000
850 76th Street, S.W., Grand Rapids, MI, United States, 49518-8700
Google Maps Bing Maps

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment offers various support services to independent retailers. The Retail segment operates retail stores, fuel centers, and pharmacies primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Family Fresh Market, Supermercado Nuestra Familia, Forest Hills Foods, Dillonvale IGA, and Fresh City Market. It supplies private brand products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

Fundamental data was last updated by Penke on 2024-04-12 19:01:05.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient 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 inefficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is just not 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 able to pay all its debts by selling its assets.
The company is just not 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 cheap.

1.1. Profitability of SpartanNash Co.

1.1. Profitability

1.1.1. Net Profit Margin

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

Above 10% is considered healthy but always compare Spartannash to the Food Distribution industry mean.
A Net Profit Margin of 0.5% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SpartanNash Co:

The MRQ is 0.5%. The company is not making a profit/loss.
The TTM is 0.5%. The company is not making a profit/loss.

Trends

Current period		Compared to		+/-
MRQ	0.5%	TTM	0.5%	-0.1%
TTM	0.5%	YOY	0.3%	+0.2%
TTM	0.5%	5Y	0.5%	+0.0%
5Y	0.5%	10Y	0.5%	+0.1%

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	0.5%	1.0%	-0.5%
TTM	0.5%	0.7%	-0.2%
YOY	0.3%	1.1%	-0.8%
5Y	0.5%	0.5%	+0.0%
10Y	0.5%	1.0%	-0.5%

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

Revenue is the amount of profit Spartannash 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 Spartannash 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 Spartannash to the Food Distribution industry mean.
Can be used to compare companies within the Food Distribution industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Spartannash. If profit margins remain low (compared to the Food Distribution 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 Spartannash is 0.00. This means that Spartannash earned $0.00 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 Food Distribution industry is 1.0%.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash with other companies in the same industry (Food Distribution).
Net profit margin should rise over the years.
Can be influenced when Spartannash sells assets (profit will increase while costs remain the same).
It won’t show what part of Spartannash 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 Spartannash

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 Spartannash = 10,305
Total revenue MRQ Spartannash = 2,245,183
$10,305 / $2,245,183 = 0.00 or 0.5%

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 Spartannash is using its assets to generate profit.

Above 5% is considered healthy but always compare Spartannash to the Food Distribution industry mean.
0.4% Return on Assets means that Spartannash generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SpartanNash Co:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.6%	-0.1%
TTM	0.6%	YOY	0.4%	+0.2%
TTM	0.6%	5Y	0.5%	+0.0%
5Y	0.5%	10Y	0.5%	+0.1%

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	0.4%	0.9%	-0.5%
TTM	0.6%	0.6%	0.0%
YOY	0.4%	0.7%	-0.3%
5Y	0.5%	0.7%	-0.2%
10Y	0.5%	1.1%	-0.6%

Shows how efficient Spartannash 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 Spartannash to the Food Distribution 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 Spartannash is using its resources to generate profit. If the return on assets (0.4%) from Spartannash are higher than the Food Distribution mean (0.9%) that means Spartannash 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 Spartannash is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Food Distribution industry is 0.9%.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

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

Income statement
Balance sheet

Net income MRQ (income statement) from Spartannash = 10,305
Total assets MRQ (balance sheet) from Spartannash = 2,355,575
10,305 / 2,355,575 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Spartannash 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 Spartannash is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Spartannash to the Food Distribution industry mean.
1.3% Return on Equity means Spartannash generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SpartanNash Co:

The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.3%	TTM	1.7%	-0.4%
TTM	1.7%	YOY	1.1%	+0.6%
TTM	1.7%	5Y	1.6%	+0.1%
5Y	1.6%	10Y	1.3%	+0.3%

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	1.3%	2.5%	-1.2%
TTM	1.7%	2.0%	-0.3%
YOY	1.1%	2.1%	-1.0%
5Y	1.6%	1.9%	-0.3%
10Y	1.3%	2.7%	-1.4%

Shows how efficient Spartannash 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 Spartannash to the Food Distribution 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 Food Distribution 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 Spartannash is 1.3%. This means Spartannash generated $0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Food Distribution industry is 2.5%.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash up to 10 years back (depending if Spartannash 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 Spartannash

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Spartannash = 10,305
Shareholders equity (balance sheet) MRQ Spartannash = 778,182
10,305 / 778,182 = 0.01 or 1.3%

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 SpartanNash Co.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Spartannash is operating .

Measures how much profit Spartannash 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 Spartannash to the Food Distribution industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SpartanNash Co:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	0.6%	-0.6%
TTM	0.6%	YOY	0.0%	+0.6%
TTM	0.6%	5Y	0.3%	+0.3%
5Y	0.3%	10Y	0.7%	-0.4%

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	-	2.1%	-2.1%
TTM	0.6%	1.8%	-1.2%
YOY	0.0%	1.8%	-1.8%
5Y	0.3%	1.7%	-1.4%
10Y	0.7%	1.9%	-1.2%

Measures how efficient Spartannash 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 Spartannash to the Food Distribution 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 Spartannash 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 Spartannash is 0.0%. This means that Spartannash earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Food Distribution industry is 2.1%.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Spartannash = 32,518
Total revenue MRQ Spartannash = 2,245,183
$32,518 / $2,245,183 = 0.00 or 0.0%

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 Spartannash is keeping operating costs low.

Below 1 is considered healthy (always compare to Food Distribution industry mean).
An Operation Ratio of 1.83 means that the operating costs are $1.83 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of SpartanNash Co:

The MRQ is 1.835. The company is inefficient in keeping operating costs low. -1
The TTM is 1.200. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.835	TTM	1.200	+0.635
TTM	1.200	YOY	0.993	+0.207
TTM	1.200	5Y	1.031	+0.168
5Y	1.031	10Y	1.007	+0.024

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	1.835	1.705	+0.130
TTM	1.200	1.676	-0.476
YOY	0.993	1.636	-0.643
5Y	1.031	1.498	-0.467
10Y	1.007	1.309	-0.302

Measures how efficient Spartannash 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 Spartannash to the Food Distribution 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 Spartannash is 183.5%. This means that Spartannash earned $1.83 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 Food Distribution industry is 1.71.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

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
(1,906,214 +2,212,665) \ 2,245,183 = 1.83

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 SpartanNash Co.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Food Distribution industry mean).
A Current Ratio of 1.63 means the company has $1.63 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of SpartanNash Co:

The MRQ is 1.633. The company is able to pay all its short-term debts. +1
The TTM is 1.633. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	1.633	TTM	1.633	0.000
TTM	1.633	YOY	1.574	+0.059
TTM	1.633	5Y	1.610	+0.023
5Y	1.610	10Y	1.753	-0.143

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	1.633	1.579	+0.054
TTM	1.633	1.569	+0.064
YOY	1.574	1.523	+0.051
5Y	1.610	1.642	-0.032
10Y	1.753	1.686	+0.067

Measures if Spartannash 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 Food Distribution 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 Spartannash 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 Spartannash is 1.63. This means Spartannash has $1.63 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Food Distribution industry is 1.58.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,077,489 \ 659,896) = 1.63

The current ratio measures if Spartannash 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 Spartannash 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 Spartannash 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 Spartannash 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 Spartannash is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Spartannash to the Food Distribution industry mean.
A Quick Ratio of 0.57 means the company can pay off $0.57 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SpartanNash Co:

The MRQ is 0.575. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.641. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.575	TTM	0.641	-0.066
TTM	0.641	YOY	0.623	+0.018
TTM	0.641	5Y	0.624	+0.017
5Y	0.624	10Y	0.655	-0.031

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	0.575	0.749	-0.174
TTM	0.641	0.727	-0.086
YOY	0.623	0.712	-0.089
5Y	0.624	0.847	-0.223
10Y	0.655	0.854	-0.199

Measures if Spartannash 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 Spartannash to the Food Distribution 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 Spartannash can pay off its short term debts. This shows if Spartannash 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 Spartannash is 0.57. This means that Spartannash can pay off $0.57 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Food Distribution industry is 0.75.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

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 Spartannash: (0 + 0 +379,208) / 659,896 = 0.57

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 SpartanNash Co.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Spartannash assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Spartannash to Food Distribution industry mean.
A Debt to Asset Ratio of 0.67 means that Spartannash assets are financed with 67.0% credit (debt) and the remaining percentage (100% - 67.0%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of SpartanNash Co:

The MRQ is 0.670. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.669. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.670	TTM	0.669	+0.001
TTM	0.669	YOY	0.660	+0.009
TTM	0.669	5Y	0.676	-0.007
5Y	0.676	10Y	0.646	+0.030

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	0.670	0.607	+0.063
TTM	0.669	0.597	+0.072
YOY	0.660	0.578	+0.082
5Y	0.676	0.574	+0.102
10Y	0.646	0.560	+0.086

Measures how much % of Spartannash assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Spartannash to Food Distribution 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 Spartannash is 0.67. This means means that Spartannash is financed with 67.0% 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 Food Distribution industry is 157.9%.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Spartannash

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

Balance sheet
Debt to asset ratio = total debt \ total assets
1,577,393 \ 2,355,575 = 67.0% or 0.67.

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 Spartannash is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Spartannash to the Food Distribution industry mean.
A Debt to Equity ratio of 202.7% means that company has $2.03 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SpartanNash Co:

The MRQ is 2.027. The company is just not able to pay all its debts with equity.
The TTM is 2.020. The company is just not able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	2.027	TTM	2.020	+0.007
TTM	2.020	YOY	1.946	+0.074
TTM	2.020	5Y	2.096	-0.076
5Y	2.096	10Y	1.858	+0.238

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
MRQ	2.027	1.478	+0.549
TTM	2.020	1.404	+0.616
YOY	1.946	1.359	+0.587
5Y	2.096	1.299	+0.797
10Y	1.858	1.397	+0.461

Measures if Spartannash 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 Spartannash 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 Spartannash is 2.03. This means that Spartannash can pay off $2.03 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Food Distribution industry is 1.48.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,577,393 \ 778,182 = 2.03 or 202.7%

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 SpartanNash Co

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 Spartannash generates.

Above 15 is considered overpriced but always compare Spartannash to the Food Distribution industry mean.
A PE ratio of 19.27 means the investor is paying $19.27 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SpartanNash Co:

The EOD is 16.138. Based on the earnings, the company is fair priced.
The MRQ is 19.270. Based on the earnings, the company is fair priced.
The TTM is 16.422. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	16.138	MRQ	19.270	-3.132
MRQ	19.270	TTM	16.422	+2.848
TTM	16.422	YOY	128.307	-111.885
TTM	16.422	5Y	18.665	-2.243
5Y	18.665	10Y	16.447	+2.217

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
EOD	16.138	5.606	+10.532
MRQ	19.270	6.461	+12.809
TTM	16.422	7.097	+9.325
YOY	128.307	10.302	+118.005
5Y	18.665	8.755	+9.910
10Y	16.447	10.837	+5.610

Measures how much money you pay for each share for every $1 in earnings Spartannash 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 Spartannash to the Food Distribution 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 Spartannash is 19.27. This means the investor is paying $19.27 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Food Distribution industry is 6.46.
What is the trend?
The trend is important because it shows you how Spartannash is performing over time. The most recent quarter might be important if Spartannash 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 Spartannash 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 Spartannash

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 \ 34,610 = EPS
PE ratio MRQ = 19.27

* 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 SpartanNash Co:

The EOD is -4.109. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -4.907. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is 0.078. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	-4.109	MRQ	-4.907	+0.797
MRQ	-4.907	TTM	0.078	-4.984
TTM	0.078	YOY	28.811	-28.734
TTM	0.078	5Y	3.240	-3.162
5Y	3.240	10Y	4.002	-0.763

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
EOD	-4.109	3.832	-7.941
MRQ	-4.907	3.858	-8.765
TTM	0.078	2.407	-2.329
YOY	28.811	0.804	+28.007
5Y	3.240	1.503	+1.737
10Y	4.002	1.600	+2.402

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Food Distribution industry mean).
A PB ratio of 1.02 means the investor is paying $1.02 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of SpartanNash Co:

The EOD is 0.855. Based on the equity, the company is cheap. +2
The MRQ is 1.021. Based on the equity, the company is underpriced. +1
The TTM is 1.041. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	0.855	MRQ	1.021	-0.166
MRQ	1.021	TTM	1.041	-0.021
TTM	1.041	YOY	1.402	-0.361
TTM	1.041	5Y	1.001	+0.041
5Y	1.001	10Y	1.135	-0.134

Compared to industry (Food Distribution)

Period	Company	Industry (mean)	+/-
EOD	0.855	1.141	-0.286
MRQ	1.021	1.304	-0.283
TTM	1.041	1.326	-0.285
YOY	1.402	1.613	-0.211
5Y	1.001	1.645	-0.644
10Y	1.135	1.741	-0.606

2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding SpartanNash Co

Institutions are holding 86.149% of the shares of SpartanNash Co.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	18.5297	0.0038	6414624	125280	1.9919
2023-12-31	Vanguard Group Inc	8.963	0.0016	3102826	124299	4.1732
2023-12-31	Dimensional Fund Advisors, Inc.	8.1169	0.0188	2809909	11683	0.4175
2023-12-31	State Street Corporation	4.1036	0.0016	1420599	46054	3.3505
2023-12-31	Renaissance Technologies Corp	3.0322	0.0373	1049678	3900	0.3729
2023-12-31	Amvescap Plc.	2.9873	0.0057	1034163	201913	24.2611
2023-12-31	LSV Asset Management	2.4096	0.0418	834173	-11300	-1.3365
2023-12-31	Geode Capital Management, LLC	2.2103	0.0018	765181	33256	4.5436
2023-12-31	Goldman Sachs Group Inc	2.0514	0.0015	710164	245837	52.9448
2023-12-31	Morgan Stanley - Brokerage Accounts	1.8954	0.0013	656156	52604	8.7157
2023-12-31	Bank of New York Mellon Corp	1.4933	0.0024	516945	30766	6.3281
2023-12-31	Bridgeway Capital Management, LLC	1.4641	0.2495	506833	12480	2.5245
2023-12-31	Charles Schwab Investment Management Inc	1.3796	0.0028	477579	33550	7.5558
2023-12-31	Northern Trust Corp	1.343	0.0019	464907	1757	0.3794
2023-12-31	Assenagon Asset Management SA	1.2891	0.0272	446278	210454	89.242
2023-12-31	American Century Companies Inc	1.1065	0.006	383045	300976	366.7353
2023-09-30	D. E. Shaw & Co LP	1.0176	0.0081	352287	68267	24.036
2023-12-31	ProShare Advisors LLC	0.982	0.0238	339959	-30513	-8.2362
2023-12-31	JPMorgan Chase & Co	0.8443	0.0006	292274	-12417	-4.0753
2023-12-31	Smith Graham & Co Inv Adv, L.P.**	0.8134	0.7445	281589	47072	20.0719
Total		66.0323	1.182	22859169	+1495918	+6.5%

3.2. Funds holding SpartanNash Co

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	iShares Core S&P Small-Cap ETF	6.8294	0.0643	2364206	3834	0.1624
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.9746	0.0014	1029762	0	0
2024-02-29	iShares Russell 2000 ETF	2.6028	0.0304	901047	-147	-0.0163
2024-01-31	DFA US Small Cap Value I	2.3351	0.1198	808368	-18931	-2.2883
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4473	0.0103	501035	-600	-0.1196
2024-02-29	Avantis US Small Cap Value ETF	1.3584	0.099	470268	400	0.0851
2024-02-29	Invesco S&P SmallCap 600 Revenue ETF	1.3552	0.6619	469153	0	0
2024-02-29	iShares S&P Small-Cap 600 Value ETF	1.2691	0.1316	439350	1209	0.2759
2024-01-31	DFA US Targeted Value I	1.0855	0.0654	375787	0	0
2023-12-31	Fidelity Small Cap Index	1.0012	0.0313	346592	3612	1.0531
2024-02-01	iShares Russell 2000 Value ETF	0.9492	0.0635	328595	416	0.1268
2024-02-29	ProShares Russell 2000 Dividend Growers	0.9427	0.8834	326346	0	0
2024-02-29	Vanguard Consumer Staples ETF	0.909	0.0861	314684	-11997	-3.6724
2024-02-29	SPDR® Portfolio S&P 600 Sm Cap ETF	0.8942	0.0635	309545	64	0.0207
2024-01-31	DFA US Micro Cap I	0.8402	0.0959	290851	0	0
2024-02-29	Vanguard Tax-Managed Small Cap Adm	0.7945	0.0652	275038	0	0
2024-02-29	Dimensional US Targeted Value ETF	0.7449	0.057	257854	0	0
2024-01-31	DFA US Small Cap I	0.7204	0.038	249397	0	0
2024-02-29	SPDR® S&P 600 Small Cap Value ETF	0.7063	0.1321	244519	-502	-0.2049
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.6205	0.0108	214796	4500	2.1398
Total		30.3805	2.7109	10517193	-18142	-0.2%

3.3. Insider Transactions

Insiders are holding 1.445% of the shares of SpartanNash Co.

Date	Owner	Type	Amount	Price	Post Transaction Amount	Link
2024-03-15	William R Voss	SELL	16439	19.84
2023-06-15	William R Voss	SELL	9265	21.31

4. Summary

4.1. Key Performance Indicators

The key performance indicators of SpartanNash Co 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	-	-	-0.030	0.281	-111%	-0.080	+166%	0.128	-124%	0.049	-161%
Book Value Per Share	-	-	22.484	22.178	+1%	21.823	+3%	20.994	+7%	20.800	+8%
Current Ratio	-	-	1.633	1.633	0%	1.574	+4%	1.610	+1%	1.753	-7%
Debt To Asset Ratio	-	-	0.670	0.669	+0%	0.660	+1%	0.676	-1%	0.646	+4%
Debt To Equity Ratio	-	-	2.027	2.020	+0%	1.946	+4%	2.096	-3%	1.858	+9%
Dividend Per Share	-	-	0.210	0.213	-1%	0.207	+2%	0.192	+10%	0.171	+23%
Eps	-	-	0.298	0.376	-21%	0.240	+24%	0.342	-13%	0.278	+7%
Free Cash Flow Per Share	-	-	-1.169	-0.032	-97%	0.090	-1395%	0.669	-275%	0.558	-310%
Free Cash Flow To Equity Per Share	-	-	0.023	0.078	-70%	0.153	-85%	0.130	-82%	0.217	-89%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-8.833	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-126.365	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	1.783	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-1.272	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	3.325	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-13.711	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	2.414	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-36.891	-	-	-	-	-	-	-	-
Market Cap	662424988.000	-20%	794299500.000	802238813.500	-1%	1099297477.500	-28%	752649854.700	+6%	863845629.350	-8%
Net Profit Margin	-	-	0.005	0.005	-16%	0.003	+35%	0.005	-12%	0.005	-1%
Operating Margin	-	-	-	0.006	-100%	0.000	0%	0.003	-100%	0.007	-100%
Operating Ratio	-	-	1.835	1.200	+53%	0.993	+85%	1.031	+78%	1.007	+82%
Pb Ratio	0.855	-19%	1.021	1.041	-2%	1.402	-27%	1.001	+2%	1.135	-10%
Pe Ratio	16.138	-19%	19.270	16.422	+17%	128.307	-85%	18.665	+3%	16.447	+17%
Price Per Share	19.220	-19%	22.950	23.065	0%	30.605	-25%	21.211	+8%	23.724	-3%
Price To Free Cash Flow Ratio	-4.109	+16%	-4.907	0.078	-6427%	28.811	-117%	3.240	-251%	4.002	-223%
Price To Total Gains Ratio	106.685	-19%	127.389	71.920	+77%	-911.815	+816%	-197.569	+255%	-65.658	+152%
Quick Ratio	-	-	0.575	0.641	-10%	0.623	-8%	0.624	-8%	0.655	-12%
Return On Assets	-	-	0.004	0.006	-22%	0.004	+16%	0.005	-17%	0.005	-6%
Return On Equity	-	-	0.013	0.017	-22%	0.011	+21%	0.016	-18%	0.013	+3%
Total Gains Per Share	-	-	0.180	0.495	-64%	0.127	+42%	0.320	-44%	0.221	-18%
Usd Book Value	-	-	778182000.000	770825000.000	+1%	783876000.000	-1%	744282950.000	+5%	754123700.000	+3%
Usd Book Value Change Per Share	-	-	-0.030	0.281	-111%	-0.080	+166%	0.128	-124%	0.049	-161%
Usd Book Value Per Share	-	-	22.484	22.178	+1%	21.823	+3%	20.994	+7%	20.800	+8%
Usd Dividend Per Share	-	-	0.210	0.213	-1%	0.207	+2%	0.192	+10%	0.171	+23%
Usd Eps	-	-	0.298	0.376	-21%	0.240	+24%	0.342	-13%	0.278	+7%
Usd Free Cash Flow	-	-	-40471000.000	-1403750.000	-97%	3267500.000	-1339%	23697550.000	-271%	20147925.000	-301%
Usd Free Cash Flow Per Share	-	-	-1.169	-0.032	-97%	0.090	-1395%	0.669	-275%	0.558	-310%
Usd Free Cash Flow To Equity Per Share	-	-	0.023	0.078	-70%	0.153	-85%	0.130	-82%	0.217	-89%
Usd Market Cap	662424988.000	-20%	794299500.000	802238813.500	-1%	1099297477.500	-28%	752649854.700	+6%	863845629.350	-8%
Usd Price Per Share	19.220	-19%	22.950	23.065	0%	30.605	-25%	21.211	+8%	23.724	-3%
Usd Profit	-	-	10305000.000	13059250.000	-21%	8629500.000	+19%	12108100.000	-15%	10025600.000	+3%
Usd Revenue	-	-	2245183000.000	2432304750.000	-8%	2410775000.000	-7%	2309395400.000	-3%	2142079425.000	+5%
Usd Total Gains Per Share	-	-	0.180	0.495	-64%	0.127	+42%	0.320	-44%	0.221	-18%
	EOD	+3 -5	MRQ	TTM	+7 -28	YOY	+20 -14	5Y	+13 -22	10Y	+14 -21

4.2. Fundamental Score

Let's check the fundamental score of SpartanNash Co based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	16.138
Price to Book Ratio (EOD)	Between	0-1	0.855
Net Profit Margin (MRQ)	Greater than	0	0.005
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.575
Current Ratio (MRQ)	Greater than	1	1.633
Debt to Asset Ratio (MRQ)	Less than	1	0.670
Debt to Equity Ratio (MRQ)	Less than	1	2.027
Return on Equity (MRQ)	Greater than	0.15	0.013
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			4/10 (40.0%)

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 SpartanNash Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.335
Ma 20	Greater than	Ma 50	19.429
Ma 50	Greater than	Ma 100	20.169
Ma 100	Greater than	Ma 200	21.355
Open	Greater than	Close	19.100
Total			0/5 (0.0%)

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	2,355,575
Total Liabilities	1,577,393
Total Stockholder Equity	778,182

	As reported
Total Liabilities	1,577,393
Total Stockholder Equity	+ 778,182
Total Assets	= 2,355,575

Assets

Total Assets	2,355,575
Total Current Assets	1,077,489
Long-term Assets	1,278,086

Total Current Assets

Total Current Assets (as reported)	1,077,489
Cash And Cash Equivalents	17,964
Net Receivables	379,208
Inventory	575,226
Other Current Assets	62,440
Total Current Assets (calculated)	1,034,838
+/-	42,651

Long-term Assets

Long-term Assets (as reported)	1,278,086
Property Plant Equipment	891,217
Goodwill	182,160
Intangible Assets	101,535
Long-term Assets Other	103,174
Long-term Assets (calculated)	1,278,086
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	659,896
Long-term Liabilities	917,497
Total Stockholder Equity	778,182

Total Current Liabilities

Total Current Liabilities (as reported)	659,896
Short Long Term Debt	8,813
Accounts payable	473,419
Total Current Liabilities (calculated)	482,232
+/-	177,664

Long-term Liabilities

Long-term Liabilities (as reported)	917,497
Long term Debt	588,667
Capital Lease Obligations Min Short Term Debt	268,097
Long-term Liabilities Other	28,808
Long-term Liabilities (calculated)	885,572
+/-	31,925

Total Stockholder Equity

Total Stockholder Equity (as reported)	778,182
Retained Earnings	317,087
Total Stockholder Equity (calculated)	317,087
+/-	461,095

Other

Capital Stock	460,299
Common Stock Shares Outstanding	34,610
Net Debt	579,516
Net Invested Capital	1,375,662
Net Working Capital	417,593
Property Plant and Equipment Gross	1,838,900

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

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

> Total Assets

397,800
393,200
403,700
390,000
412,800
409,300
406,100
397,200
385,400
388,500
523,400
585,000
596,000
579,635
570,573
580,889
823,177
814,466
810,845
815,369
818,958
797,129
746,540
695,091
687,354
567,284
556,306
477,427
427,167
415,807
392,511
387,003
379,401
381,240
384,457
377,402
378,101
378,872
378,597
489,600
494,605
495,799
487,499
575,132
597,922
598,072
610,137
627,840
633,810
739,390
723,932
745,154
765,592
765,838
753,481
756,330
773,970
763,498
751,396
783,094
796,126
788,488
763,473
784,346
784,013
794,561
789,667
792,291
797,689
1,983,700
1,972,447
1,989,234
1,991,269
1,932,282
1,915,795
1,932,992
1,966,353
1,925,448
1,920,784
1,923,863
1,993,879
1,930,336
2,180,615
2,198,535
2,033,774
2,055,797
2,016,937
2,010,812
2,054,041
1,971,912
2,359,496
2,291,964
2,334,546
2,275,609
2,314,215
2,296,549
2,321,559
2,277,391
2,275,566
2,209,147
2,242,680
2,206,782
2,264,233
2,322,319
2,341,477
2,306,561
2,296,190
2,326,911
2,333,776
2,355,575

2,355,575

2,333,776

2,326,911

2,296,190

2,306,561

2,341,477

2,322,319

2,264,233

2,206,782

2,242,680

2,209,147

2,275,566

2,277,391

2,321,559

2,296,549

2,314,215

2,275,609

2,334,546

2,291,964

2,359,496

1,971,912

2,054,041

2,010,812

2,016,937

2,055,797

2,033,774

2,198,535

2,180,615

1,930,336

1,993,879

1,923,863

1,920,784

1,925,448

1,966,353

1,932,992

1,915,795

1,932,282

1,991,269

1,989,234

1,972,447

1,983,700

797,689

792,291

789,667

794,561

784,013

784,346

763,473

788,488

796,126

783,094

751,396

763,498

773,970

756,330

753,481

765,838

765,592

745,154

723,932

739,390

633,810

627,840

610,137

598,072

597,922

575,132

487,499

495,799

494,605

489,600

378,597

378,872

378,101

377,402

384,457

381,240

379,401

387,003

392,511

415,807

427,167

477,427

556,306

567,284

687,354

695,091

746,540

797,129

818,958

815,369

810,845

814,466

823,177

580,889

570,573

579,635

596,000

585,000

523,400

388,500

385,400

397,200

406,100

409,300

412,800

390,000

403,700

393,200

397,800

> Total Current Assets

223,300
217,500
222,800
209,700
234,000
234,400
236,800
232,500
223,400
227,900
219,000
274,400
290,100
269,194
256,780
270,978
382,525
383,790
327,538
338,958
352,081
338,718
297,244
300,112
299,811
278,147
315,140
239,445
198,739
192,269
170,384
166,987
165,484
169,497
171,448
169,663
171,667
172,557
167,695
186,598
196,703
195,149
185,195
211,269
229,495
213,990
212,278
228,690
229,013
204,320
186,559
208,083
218,343
208,623
196,195
201,866
219,027
219,204
212,916
245,382
255,104
246,259
209,637
226,105
225,454
213,002
206,169
212,173
218,923
923,000
918,911
941,163
971,488
913,399
919,319
891,120
930,345
883,587
896,032
895,395
939,748
893,484
944,666
960,468
1,015,555
1,004,286
985,166
985,773
1,028,763
1,001,096
1,052,823
998,496
1,048,543
996,682
1,048,256
1,058,675
1,095,502
1,014,740
1,039,004
992,920
1,007,230
957,193
1,031,891
1,121,610
1,146,476
1,066,411
1,068,879
1,085,357
1,088,054
1,077,489

1,077,489

1,088,054

1,085,357

1,068,879

1,066,411

1,146,476

1,121,610

1,031,891

957,193

1,007,230

992,920

1,039,004

1,014,740

1,095,502

1,058,675

1,048,256

996,682

1,048,543

998,496

1,052,823

1,001,096

1,028,763

985,773

985,166

1,004,286

1,015,555

960,468

944,666

893,484

939,748

895,395

896,032

883,587

930,345

891,120

919,319

913,399

971,488

941,163

918,911

923,000

218,923

212,173

206,169

213,002

225,454

226,105

209,637

246,259

255,104

245,382

212,916

219,204

219,027

201,866

196,195

208,623

218,343

208,083

186,559

204,320

229,013

228,690

212,278

213,990

229,495

211,269

185,195

195,149

196,703

186,598

167,695

172,557

171,667

169,663

171,448

169,497

165,484

166,987

170,384

192,269

198,739

239,445

315,140

278,147

299,811

300,112

297,244

338,718

352,081

338,958

327,538

383,790

382,525

270,978

256,780

269,194

290,100

274,400

219,000

227,900

223,400

232,500

236,800

234,400

234,000

209,700

222,800

217,500

223,300

Cash And Cash Equivalents

33,500
33,800
34,200
31,000
35,100
25,100
37,000
46,300
34,300
35,900
28,800
47,700
55,500
42,822
36,422
48,071
69,632
64,025
27,561
24,499
32,004
12,622
13,903
7,346
17,673
19,041
23,306
18,492
15,121
19,083
12,679
12,236
13,450
14,576
14,880
13,367
13,494
11,782
7,655
9,918
10,221
13,160
12,063
14,690
12,308
11,396
19,867
30,616
28,477
9,650
6,519
7,802
6,746
7,180
9,170
6,441
25,124
25,267
43,824
37,713
62,080
55,059
26,476
6,093
7,491
8,960
6,097
4,163
5,545
9,200
15,064
6,420
8,048
6,443
8,475
13,085
8,510
22,719
28,687
23,816
26,398
24,351
19,516
22,726
13,154
15,667
17,167
15,913
20,673
18,585
21,360
19,949
23,436
24,172
21,255
34,645
26,903
19,903
23,292
24,136
24,645
10,666
16,330
21,217
18,964
29,086
16,965
16,910
17,554
17,964

17,964

17,554

16,910

16,965

29,086

18,964

21,217

16,330

10,666

24,645

24,136

23,292

19,903

26,903

34,645

21,255

24,172

23,436

19,949

21,360

18,585

20,673

15,913

17,167

15,667

13,154

22,726

19,516

24,351

26,398

23,816

28,687

22,719

8,510

13,085

8,475

6,443

8,048

6,420

15,064

9,200

5,545

4,163

6,097

8,960

7,491

6,093

26,476

55,059

62,080

37,713

43,824

25,267

25,124

6,441

9,170

7,180

6,746

7,802

6,519

9,650

28,477

30,616

19,867

11,396

12,308

14,690

12,063

13,160

10,221

9,918

7,655

11,782

13,494

13,367

14,880

14,576

13,450

12,236

12,679

19,083

15,121

18,492

23,306

19,041

17,673

7,346

13,903

12,622

32,004

24,499

27,561

64,025

69,632

48,071

36,422

42,822

55,500

47,700

28,800

35,900

34,300

46,300

37,000

25,100

35,100

31,000

34,200

33,800

33,500

Short-term Investments

15,700
15,700
17,600
16,700
15,100
22,200
18,300
18,800
20,300
20,600
21,100
18,100
17,900
19,804
20,628
20,984
19,830
20,780
21,978
14,473
15,207
10,392
10,370
1,565
1,704
1,906
1,705
1,765
1,622
1,656
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,656

1,622

1,765

1,705

1,906

1,704

1,565

10,370

10,392

15,207

14,473

21,978

20,780

19,830

20,984

20,628

19,804

17,900

18,100

21,100

20,600

20,300

18,800

18,300

22,200

15,100

16,700

17,600

15,700

Net Receivables

77,500
66,500
73,200
70,900
71,800
69,500
74,500
73,300
74,600
71,000
75,900
87,400
82,100
87,600
83,998
84,610
93,130
89,042
82,671
96,509
100,878
96,142
84,533
83,783
83,513
74,905
70,747
55,335
52,283
46,900
39,952
41,749
41,956
40,859
43,445
45,785
42,468
41,075
45,280
50,833
47,369
43,862
45,347
48,221
57,164
53,196
59,885
58,976
54,479
46,811
51,470
53,413
53,673
52,020
54,529
53,639
54,848
48,941
56,344
62,228
60,026
56,764
58,637
61,253
59,719
50,267
60,979
60,087
59,207
285,400
311,188
334,440
305,433
282,697
312,521
298,034
320,019
317,183
304,754
306,418
321,989
291,568
342,364
349,279
370,482
344,057
330,254
355,050
363,951
346,260
376,708
362,605
374,287
345,320
417,684
374,394
387,114
357,564
346,725
370,669
372,029
361,686
395,467
411,453
430,150
404,016
410,957
426,186
427,275
379,208

379,208

427,275

426,186

410,957

404,016

430,150

411,453

395,467

361,686

372,029

370,669

346,725

357,564

387,114

374,394

417,684

345,320

374,287

362,605

376,708

346,260

363,951

355,050

330,254

344,057

370,482

349,279

342,364

291,568

321,989

306,418

304,754

317,183

320,019

298,034

312,521

282,697

305,433

334,440

311,188

285,400

59,207

60,087

60,979

50,267

59,719

61,253

58,637

56,764

60,026

62,228

56,344

48,941

54,848

53,639

54,529

52,020

53,673

53,413

51,470

46,811

54,479

58,976

59,885

53,196

57,164

48,221

45,347

43,862

47,369

50,833

45,280

41,075

42,468

45,785

43,445

40,859

41,956

41,749

39,952

46,900

52,283

55,335

70,747

74,905

83,513

83,783

84,533

96,142

100,878

96,509

82,671

89,042

93,130

84,610

83,998

87,600

82,100

87,400

75,900

71,000

74,600

73,300

74,500

69,500

71,800

70,900

73,200

66,500

77,500

Inventory

84,100
87,700
85,200
76,200
97,500
104,900
92,700
80,400
81,200
87,100
82,200
110,200
123,000
108,416
105,587
105,787
186,877
196,796
179,589
190,242
191,798
208,655
179,319
195,727
184,608
166,052
138,095
111,042
103,857
101,917
97,771
91,973
92,265
96,229
95,988
93,150
98,544
104,004
95,892
107,518
119,840
118,145
106,854
127,714
144,411
133,494
113,078
121,721
131,301
132,389
113,790
132,836
143,332
135,718
117,514
127,545
128,623
134,588
103,814
132,476
121,287
120,908
99,778
132,435
136,032
133,879
124,657
135,126
141,358
589,500
557,760
564,628
612,901
577,197
562,979
552,327
573,320
521,164
533,074
536,299
561,772
539,857
539,908
555,578
598,493
597,162
577,508
562,443
592,152
553,799
595,741
572,723
594,676
537,212
516,517
552,379
586,351
541,785
602,565
538,494
550,240
522,324
556,322
591,609
623,504
571,065
566,330
576,859
579,631
575,226

575,226

579,631

576,859

566,330

571,065

623,504

591,609

556,322

522,324

550,240

538,494

602,565

541,785

586,351

552,379

516,517

537,212

594,676

572,723

595,741

553,799

592,152

562,443

577,508

597,162

598,493

555,578

539,908

539,857

561,772

536,299

533,074

521,164

573,320

552,327

562,979

577,197

612,901

564,628

557,760

589,500

141,358

135,126

124,657

133,879

136,032

132,435

99,778

120,908

121,287

132,476

103,814

134,588

128,623

127,545

117,514

135,718

143,332

132,836

113,790

132,389

131,301

121,721

113,078

133,494

144,411

127,714

106,854

118,145

119,840

107,518

95,892

104,004

98,544

93,150

95,988

96,229

92,265

91,973

97,771

101,917

103,857

111,042

138,095

166,052

184,608

195,727

179,319

208,655

191,798

190,242

179,589

196,796

186,877

105,787

105,587

108,416

123,000

110,200

82,200

87,100

81,200

80,400

92,700

104,900

97,500

76,200

85,200

87,700

84,100

Other Current Assets

12,500
13,800
12,600
14,900
14,500
12,700
14,300
13,700
13,000
13,300
11,000
11,000
11,600
10,600
10,145
11,526
13,056
13,147
15,739
13,300
12,200
10,900
11,000
11,700
12,300
4,036
64,033
38,012
7,521
6,797
4,051
4,223
3,972
3,826
3,855
5,566
5,566
4,668
6,634
5,996
5,050
3,418
3,595
3,982
646
840
2,404
230
14,756
15,470
14,780
14,032
14,592
13,705
14,982
14,241
10,432
10,408
8,934
12,965
11,711
13,528
13,686
13,880
10,896
8,334
1,304
1,202
1,325
39,468
34,710
35,675
34,093
31,882
26,397
21,678
24,494
22,521
29,517
28,862
29,589
37,187
42,878
32,712
33,426
47,400
47,144
43,713
43,333
73,798
59,014
43,219
52,176
58,775
68,094
75,219
73,192
72,229
64,474
59,621
60,316
62,517
63,772
97,331
73,858
62,244
74,627
65,402
63,594
62,440

62,440

63,594

65,402

74,627

62,244

73,858

97,331

63,772

62,517

60,316

59,621

64,474

72,229

73,192

75,219

68,094

58,775

52,176

43,219

59,014

73,798

43,333

43,713

47,144

47,400

33,426

32,712

42,878

37,187

29,589

28,862

29,517

22,521

24,494

21,678

26,397

31,882

34,093

35,675

34,710

39,468

1,325

1,202

1,304

8,334

10,896

13,880

13,686

13,528

11,711

12,965

8,934

10,408

10,432

14,241

14,982

13,705

14,592

14,032

14,780

15,470

14,756

230

2,404

840

646

3,982

3,595

3,418

5,050

5,996

6,634

4,668

5,566

3,855

3,826

3,972

4,223

4,051

6,797

7,521

38,012

64,033

4,036

12,300

11,700

11,000

10,900

12,200

13,300

15,739

13,147

13,056

11,526

10,145

10,600

11,600

11,000

13,300

13,000

13,700

14,300

12,700

14,500

14,900

12,600

13,800

12,500

> Long-term Assets

174,500
175,700
180,900
180,300
178,800
174,900
169,300
164,700
162,000
160,600
304,400
310,600
305,900
310,441
313,793
309,911
440,652
430,676
483,307
476,411
466,877
458,411
449,296
394,979
387,543
289,137
241,166
237,982
228,428
223,538
222,127
220,016
213,917
211,743
213,009
207,739
206,434
206,315
210,902
303,002
297,902
300,650
302,304
363,863
368,427
384,082
397,859
399,150
404,797
535,070
537,373
537,071
547,249
557,215
557,286
554,464
554,943
544,294
538,480
537,712
541,022
542,229
553,836
558,241
558,559
581,559
583,498
580,118
578,766
1,060,700
1,053,536
1,048,071
1,019,781
1,018,883
996,476
1,041,872
1,036,008
1,041,861
1,024,752
1,028,468
1,054,131
1,036,852
1,235,949
1,238,067
1,018,219
1,051,511
1,031,771
1,025,039
1,025,278
970,816
1,306,673
1,293,468
1,286,003
1,278,927
1,265,959
1,237,874
1,226,057
1,262,651
1,236,562
1,216,227
1,235,450
1,249,589
1,232,342
1,200,709
1,195,001
1,240,150
1,227,311
1,241,554
1,245,722
1,278,086

1,278,086

1,245,722

1,241,554

1,227,311

1,240,150

1,195,001

1,200,709

1,232,342

1,249,589

1,235,450

1,216,227

1,236,562

1,262,651

1,226,057

1,237,874

1,265,959

1,278,927

1,286,003

1,293,468

1,306,673

970,816

1,025,278

1,025,039

1,031,771

1,051,511

1,018,219

1,238,067

1,235,949

1,036,852

1,054,131

1,028,468

1,024,752

1,041,861

1,036,008

1,041,872

996,476

1,018,883

1,019,781

1,048,071

1,053,536

1,060,700

578,766

580,118

583,498

581,559

558,559

558,241

553,836

542,229

541,022

537,712

538,480

544,294

554,943

554,464

557,286

557,215

547,249

537,071

537,373

535,070

404,797

399,150

397,859

384,082

368,427

363,863

302,304

300,650

297,902

303,002

210,902

206,315

206,434

207,739

213,009

211,743

213,917

220,016

222,127

223,538

228,428

237,982

241,166

289,137

387,543

394,979

449,296

458,411

466,877

476,411

483,307

430,676

440,652

309,911

313,793

310,441

305,900

310,600

304,400

160,600

162,000

164,700

169,300

174,900

178,800

180,300

180,900

175,700

174,500

Property Plant Equipment

164,400
167,600
173,000
173,000
171,400
166,800
161,100
157,500
156,000
155,100
158,300
192,200
190,600
190,262
178,591
174,875
274,644
269,333
289,143
282,473
276,837
271,545
268,315
255,531
246,445
176,634
120,072
117,228
111,779
109,946
108,437
107,657
105,156
106,784
108,879
105,528
106,702
108,394
115,178
137,882
138,751
141,311
143,213
159,078
164,449
175,732
183,185
185,036
190,819
224,893
234,806
235,422
246,360
249,915
247,961
245,568
246,391
238,285
241,448
239,799
243,545
245,265
256,776
256,894
261,552
272,368
272,126
269,109
268,337
651,477
631,513
606,969
596,294
597,150
579,825
587,871
586,361
583,698
573,397
575,063
570,709
559,722
628,047
621,618
588,416
600,240
582,434
581,824
577,285
579,060
896,669
893,949
890,717
884,798
853,555
829,571
831,351
866,232
841,776
831,274
844,819
860,399
844,944
822,337
820,106
867,267
852,370
863,382
867,746
891,217

891,217

867,746

863,382

852,370

867,267

820,106

822,337

844,944

860,399

844,819

831,274

841,776

866,232

831,351

829,571

853,555

884,798

890,717

893,949

896,669

579,060

577,285

581,824

582,434

600,240

588,416

621,618

628,047

559,722

570,709

575,063

573,397

583,698

586,361

587,871

579,825

597,150

596,294

606,969

631,513

651,477

268,337

269,109

272,126

272,368

261,552

256,894

256,776

245,265

243,545

239,799

241,448

238,285

246,391

245,568

247,961

249,915

246,360

235,422

234,806

224,893

190,819

185,036

183,185

175,732

164,449

159,078

143,213

141,311

138,751

137,882

115,178

108,394

106,702

105,528

108,879

106,784

105,156

107,657

108,437

109,946

111,779

117,228

120,072

176,634

246,445

255,531

268,315

271,545

276,837

282,473

289,143

269,333

274,644

174,875

178,591

190,262

190,600

192,200

158,300

155,100

156,000

157,500

161,100

166,800

171,400

173,000

167,600

164,400

Goodwill

0
0
0
0
0
0
0
0
0
0
5,900
96,800
92,200
100,577
99,100
98,900
122,900
122,000
155,737
157,800
157,800
156,800
155,243
113,600
113,600
68,643
68,743
68,700
68,700
68,700
72,100
72,105
72,105
72,315
72,300
72,315
72,465
72,465
72,555
141,784
141,216
142,440
142,888
176,425
176,329
176,383
186,531
186,487
186,265
253,107
249,303
249,328
249,492
251,491
247,916
247,826
247,779
247,165
241,244
241,132
240,704
240,589
240,194
240,037
239,834
246,925
246,840
246,665
246,437
299,200
308,968
312,252
297,352
297,280
297,280
331,523
331,612
322,902
322,686
322,686
322,686
322,686
367,497
366,636
178,392
178,648
178,648
178,648
178,648
178,648
178,648
181,035
181,035
181,035
181,035
181,035
181,035
181,035
181,035
181,035
181,035
181,035
181,035
182,160
182,160
182,160
182,160
182,160
182,160
182,160

182,160

181,035

178,648

178,392

366,636

367,497

322,686

322,902

331,612

331,523

297,280

297,352

312,252

308,968

299,200

246,437

246,665

246,840

246,925

239,834

240,037

240,194

240,589

240,704

241,132

241,244

247,165

247,779

247,826

247,916

251,491

249,492

249,328

249,303

253,107

186,265

186,487

186,531

176,383

176,329

176,425

142,888

142,440

141,216

141,784

72,555

72,465

72,315

72,300

72,315

72,105

72,100

68,700

68,743

68,643

113,600

155,243

156,800

157,800

155,737

122,000

122,900

98,900

99,100

100,577

92,200

96,800

5,900

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
99,075
98,868
122,932
122,008
155,737
157,828
157,804
156,756
155,243
113,643
113,643
68,643
68,743
68,700
68,700
68,700
72,105
72,105
72,105
72,315
72,315
72,315
72,465
72,465
3,900
141,784
141,216
7,700
150,304
12,500
12,300
13,100
12,000
186,487
186,265
14,700
289,741
249,328
249,492
251,491
287,043
247,826
247,779
247,165
277,582
241,132
240,704
240,589
274,791
240,037
239,834
246,925
35,358
246,665
246,437
29,100
29,100
68,433
58,523
57,805
24,800
331,523
331,612
63,193
322,686
322,686
322,686
60,163
131,376
130,048
135,656
134,430
132,565
131,159
130,227
128,926
144,451
129,131
128,351
130,434
128,654
127,320
119,039
116,142
114,538
113,335
112,132
110,960
109,400
108,349
107,415
106,341
104,931
103,795
102,661
101,535

101,535

102,661

103,795

104,931

106,341

107,415

108,349

109,400

110,960

112,132

113,335

114,538

116,142

119,039

127,320

128,654

130,434

128,351

129,131

144,451

128,926

130,227

131,159

132,565

134,430

135,656

130,048

131,376

60,163

322,686

63,193

331,612

331,523

24,800

57,805

58,523

68,433

29,100

246,437

246,665

35,358

246,925

239,834

240,037

274,791

240,589

240,704

241,132

277,582

247,165

247,779

247,826

287,043

251,491

249,492

249,328

289,741

14,700

186,265

186,487

12,000

13,100

12,300

12,500

150,304

7,700

141,216

141,784

3,900

72,465

72,315

72,105

68,700

68,743

68,643

113,643

155,243

156,756

157,804

157,828

155,737

122,008

122,932

98,868

99,075

Long-term Assets Other

9,400
7,400
5,100
4,500
4,600
5,300
4,400
3,400
2,200
3,500
138,100
19,400
20,900
17,406
30,955
30,952
10,646
6,255
38,427
23,896
23,021
19,600
868
22,203
24,653
22,324
26,785
26,487
25,068
17,696
16,438
14,581
14,657
13,423
13,135
12,407
13,175
13,369
14,108
15,194
14,592
16,899
16,203
28,360
27,649
31,967
28,143
27,627
27,713
57,070
53,264
52,321
51,397
55,809
61,409
61,070
60,773
58,844
55,788
56,781
56,773
56,375
56,866
61,310
57,173
62,266
64,532
64,344
63,992
17,100
113,055
60,417
126,135
124,453
119,371
122,478
118,035
135,261
128,669
130,719
160,736
154,444
109,029
119,765
115,755
138,193
138,124
133,408
139,118
84,182
86,905
89,353
85,900
82,660
102,715
99,948
94,632
99,242
99,213
90,583
97,464
97,195
96,963
13,366
14,763
18,089
7,282
92,217
93,155
103,174

103,174

93,155

92,217

7,282

18,089

14,763

13,366

96,963

97,195

97,464

90,583

99,213

99,242

94,632

99,948

102,715

82,660

85,900

89,353

86,905

84,182

139,118

133,408

138,124

138,193

115,755

119,765

109,029

154,444

160,736

130,719

128,669

135,261

118,035

122,478

119,371

124,453

126,135

60,417

113,055

17,100

63,992

64,344

64,532

62,266

57,173

61,310

56,866

56,375

56,773

56,781

55,788

58,844

60,773

61,070

61,409

55,809

51,397

52,321

53,264

57,070

27,713

27,627

28,143

31,967

27,649

28,360

16,203

16,899

14,592

15,194

14,108

13,369

13,175

12,407

13,135

13,423

14,657

14,581

16,438

17,696

25,068

26,487

26,785

22,324

24,653

22,203

868

19,600

23,021

23,896

38,427

6,255

10,646

30,952

30,955

17,406

20,900

19,400

138,100

3,500

2,200

3,400

4,400

5,300

4,600

4,500

5,100

7,400

9,400

> Total Liabilities

293,800
286,800
296,500
279,800
302,700
296,900
291,900
277,600
264,100
265,400
402,300
466,000
474,200
453,878
444,566
450,573
612,958
598,229
592,432
592,941
588,419
561,250
515,048
508,142
500,388
435,167
446,674
373,704
321,513
314,207
286,844
279,296
264,592
261,767
259,047
249,027
242,515
239,682
233,180
341,702
336,582
330,599
314,758
394,857
408,273
397,670
403,491
411,258
405,775
501,234
489,563
490,600
501,221
495,929
479,576
478,053
484,607
466,991
445,891
472,119
474,713
461,588
439,865
466,779
457,362
465,218
454,012
453,813
450,141
1,276,800
1,252,872
1,256,405
1,247,021
1,185,029
1,159,188
1,167,182
1,187,758
1,134,669
1,129,302
1,119,996
1,178,296
1,104,929
1,339,162
1,349,467
1,327,818
1,333,847
1,304,893
1,286,346
1,317,671
1,255,965
1,665,694
1,604,319
1,645,250
1,588,071
1,628,523
1,587,298
1,598,108
1,542,342
1,525,046
1,452,971
1,477,114
1,423,913
1,468,929
1,528,597
1,561,067
1,540,493
1,536,736
1,558,514
1,556,509
1,577,393

1,577,393

1,556,509

1,558,514

1,536,736

1,540,493

1,561,067

1,528,597

1,468,929

1,423,913

1,477,114

1,452,971

1,525,046

1,542,342

1,598,108

1,587,298

1,628,523

1,588,071

1,645,250

1,604,319

1,665,694

1,255,965

1,317,671

1,286,346

1,304,893

1,333,847

1,327,818

1,349,467

1,339,162

1,104,929

1,178,296

1,119,996

1,129,302

1,134,669

1,187,758

1,167,182

1,159,188

1,185,029

1,247,021

1,256,405

1,252,872

1,276,800

450,141

453,813

454,012

465,218

457,362

466,779

439,865

461,588

474,713

472,119

445,891

466,991

484,607

478,053

479,576

495,929

501,221

490,600

489,563

501,234

405,775

411,258

403,491

397,670

408,273

394,857

314,758

330,599

336,582

341,702

233,180

239,682

242,515

249,027

259,047

261,767

264,592

279,296

286,844

314,207

321,513

373,704

446,674

435,167

500,388

508,142

515,048

561,250

588,419

592,941

592,432

598,229

612,958

450,573

444,566

453,878

474,200

466,000

402,300

265,400

264,100

277,600

291,900

296,900

302,700

279,800

296,500

286,800

293,800

> Total Current Liabilities

169,700
167,900
163,100
158,500
165,700
155,300
175,700
168,200
163,600
150,200
118,100
174,900
186,900
178,397
168,332
174,370
267,710
267,491
258,474
250,840
256,764
218,445
183,533
205,699
222,027
214,393
226,633
196,648
163,418
143,372
136,170
143,563
133,512
133,889
141,190
140,083
139,513
143,165
146,959
161,354
170,008
161,876
157,982
178,414
177,464
166,229
191,779
196,745
190,278
161,185
165,590
178,743
191,279
177,773
180,456
181,127
191,502
181,148
165,616
187,748
184,499
215,871
184,953
187,037
183,959
177,086
192,990
191,389
198,876
524,800
498,586
524,305
549,773
480,199
494,843
507,453
517,781
487,324
450,777
463,665
525,072
505,977
489,502
514,806
559,990
494,581
464,513
478,373
518,118
476,451
555,105
567,750
610,969
565,134
679,382
677,372
694,582
689,554
629,008
648,547
702,045
655,838
661,625
704,288
702,622
704,970
634,224
670,532
682,366
659,896

659,896

682,366

670,532

634,224

704,970

702,622

704,288

661,625

655,838

702,045

648,547

629,008

689,554

694,582

677,372

679,382

565,134

610,969

567,750

555,105

476,451

518,118

478,373

464,513

494,581

559,990

514,806

489,502

505,977

525,072

463,665

450,777

487,324

517,781

507,453

494,843

480,199

549,773

524,305

498,586

524,800

198,876

191,389

192,990

177,086

183,959

187,037

184,953

215,871

184,499

187,748

165,616

181,148

191,502

181,127

180,456

177,773

191,279

178,743

165,590

161,185

190,278

196,745

191,779

166,229

177,464

178,414

157,982

161,876

170,008

161,354

146,959

143,165

139,513

140,083

141,190

133,889

133,512

143,563

136,170

143,372

163,418

196,648

226,633

214,393

222,027

205,699

183,533

218,445

256,764

250,840

258,474

267,491

267,710

174,370

168,332

178,397

186,900

174,900

118,100

150,200

163,600

168,200

175,700

155,300

165,700

158,500

163,100

167,900

169,700

Short-term Debt

10,000
30,000
33,500
25,000
24,500
27,500
38,500
21,500
5,000
3,000
0
0
-5,253
20,197
23,862
23,588
26,612
28,660
38,478
34,911
33,532
33,704
25,948
32,658
31,924
28,419
36,594
24,538
18,385
4,238
4,177
4,117
5,227
2,827
2,848
2,817
1,624
1,654
1,675
5,462
5,367
5,216
2,494
8,567
8,619
10,567
10,874
8,010
7,976
3,883
3,932
3,883
3,900
3,883
13,086
12,574
4,167
4,161
8,675
8,565
8,350
52,909
4,449
4,328
7,456
4,104
4,067
3,937
3,983
7,345
7,258
7,189
7,349
19,758
19,019
21,669
21,993
19,003
19,083
19,106
18,998
17,424
17,404
19,001
19,407
9,196
7,628
7,793
8,135
18,263
59,431
59,476
48,839
48,789
48,989
48,887
49,043
50,921
49,894
50,439
52,727
54,179
53,181
52,600
52,476
52,242
51,459
50,838
51,782
0

51,782

50,838

51,459

52,242

52,476

52,600

53,181

54,179

52,727

50,439

49,894

50,921

49,043

48,887

48,989

48,789

48,839

59,476

59,431

18,263

8,135

7,793

7,628

9,196

19,407

19,001

17,404

17,424

18,998

19,106

19,083

19,003

21,993

21,669

19,019

19,758

7,349

7,189

7,258

7,345

3,983

3,937

4,067

4,104

7,456

4,328

4,449

52,909

8,350

8,565

8,675

4,161

4,167

12,574

13,086

3,883

3,900

3,883

3,932

3,883

7,976

8,010

10,874

10,567

8,619

8,567

2,494

5,216

5,367

5,462

1,675

1,654

1,624

2,817

2,848

2,827

5,227

4,117

4,177

4,238

18,385

24,538

36,594

28,419

31,924

32,658

25,948

33,704

33,532

34,911

38,478

28,660

26,612

23,588

23,862

20,197

-5,253

3,000

5,000

21,500

38,500

27,500

24,500

25,000

33,500

30,000

10,000

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
19,758
0
0
0
19,003
19,083
19,106
18,998
17,424
17,404
660,258
19,407
3,028
7,628
7,793
8,135
11,423
18,006
17,709
7,044
6,349
6,157
5,489
5,338
5,135
4,996
5,719
5,680
6,334
5,806
6,303
6,759
6,789
7,614
7,644
8,410
8,813

8,813

8,410

7,644

7,614

6,789

6,759

6,303

5,806

6,334

5,680

5,719

4,996

5,135

5,338

5,489

6,157

6,349

7,044

17,709

18,006

11,423

8,135

7,793

7,628

3,028

19,407

660,258

17,404

17,424

18,998

19,106

19,083

19,003

19,758

Accounts payable

104,300
92,900
78,100
89,900
95,100
75,500
81,700
88,900
100,100
88,100
68,000
99,300
101,300
95,598
82,186
83,712
140,382
151,337
122,937
123,129
124,596
107,753
90,327
99,961
108,010
116,925
112,181
95,015
87,959
80,777
75,267
90,174
81,591
79,879
82,391
87,264
88,687
88,751
90,992
100,360
109,773
96,411
93,729
112,498
110,991
93,939
112,899
127,360
121,217
100,857
97,248
116,503
129,646
112,457
114,549
121,864
131,933
122,377
100,919
129,737
129,185
111,273
107,703
127,873
128,803
116,207
120,651
129,680
137,899
364,856
349,121
375,592
411,279
320,037
349,893
350,719
365,818
353,688
333,440
339,084
398,945
372,432
370,682
394,276
440,590
376,977
356,534
364,700
411,399
357,802
391,315
406,896
456,991
405,370
509,164
489,412
501,099
464,784
441,772
441,888
490,604
447,451
478,964
503,711
492,876
487,215
470,803
500,044
505,786
473,419

473,419

505,786

500,044

470,803

487,215

492,876

503,711

478,964

447,451

490,604

441,888

441,772

464,784

501,099

489,412

509,164

405,370

456,991

406,896

391,315

357,802

411,399

364,700

356,534

376,977

440,590

394,276

370,682

372,432

398,945

339,084

333,440

353,688

365,818

350,719

349,893

320,037

411,279

375,592

349,121

364,856

137,899

129,680

120,651

116,207

128,803

127,873

107,703

111,273

129,185

129,737

100,919

122,377

131,933

121,864

114,549

112,457

129,646

116,503

97,248

100,857

121,217

127,360

112,899

93,939

110,991

112,498

93,729

96,411

109,773

100,360

90,992

88,751

88,687

87,264

82,391

79,879

81,591

90,174

75,267

80,777

87,959

95,015

112,181

116,925

108,010

99,961

90,327

107,753

124,596

123,129

122,937

151,337

140,382

83,712

82,186

95,598

101,300

99,300

68,000

88,100

100,100

88,900

81,700

75,500

95,100

89,900

78,100

92,900

104,300

Other Current Liabilities

55,400
45,000
51,500
43,600
46,100
52,300
55,500
57,800
58,500
59,100
50,100
75,600
85,600
15,793
62,284
67,070
95,100
82,127
80,465
88,889
96,801
75,467
66,566
71,962
80,239
17,833
73,745
14,805
15,667
14,625
12,838
6,993
6,508
6,508
5,371
5,371
49,202
52,760
54,292
8,161
8,161
8,111
8,889
8,664
8,641
8,641
50,276
10,177
54,615
10,066
37,186
9,859
52,898
10,234
2,825
46,689
53,592
5,556
54,496
4,330
4,101
3,596
71,219
3,340
3,271
3,297
65,962
57,772
55,094
163,864
142,207
141,524
108,158
140,404
125,931
135,065
129,970
114,633
98,254
105,475
-9,148
116,121
101,416
101,529
39,596
108,408
100,351
105,880
46,950
100,386
104,359
101,378
61,405
110,975
121,229
139,073
91,488
173,849
137,342
156,220
105,015
154,208
129,480
73,480
86,713
99,220
111,962
119,650
124,798
0

124,798

119,650

111,962

99,220

86,713

73,480

129,480

154,208

105,015

156,220

137,342

173,849

91,488

139,073

121,229

110,975

61,405

101,378

104,359

100,386

46,950

105,880

100,351

108,408

39,596

101,529

101,416

116,121

-9,148

105,475

98,254

114,633

129,970

135,065

125,931

140,404

108,158

141,524

142,207

163,864

55,094

57,772

65,962

3,297

3,271

3,340

71,219

3,596

4,101

4,330

54,496

5,556

53,592

46,689

2,825

10,234

52,898

9,859

37,186

10,066

54,615

10,177

50,276

8,641

8,664

8,889

8,111

8,161

54,292

52,760

49,202

5,371

6,508

6,993

12,838

14,625

15,667

14,805

73,745

17,833

80,239

71,962

66,566

75,467

96,801

88,889

80,465

82,127

95,100

67,070

62,284

15,793

85,600

75,600

50,100

59,100

58,500

57,800

55,500

52,300

46,100

43,600

51,500

45,000

55,400

> Long-term Liabilities

124,100
118,900
133,400
121,300
137,000
141,600
116,200
109,400
100,500
115,200
284,200
291,100
287,300
275,481
276,234
276,203
345,248
330,738
333,958
342,101
331,655
342,805
331,515
302,443
278,361
220,774
220,041
177,056
158,095
170,835
150,674
135,733
131,080
127,878
117,857
108,944
103,002
96,517
86,221
180,348
166,574
168,723
156,776
216,443
230,809
231,441
211,712
214,513
215,497
340,049
323,973
311,857
309,942
318,156
299,120
296,926
293,105
285,843
280,275
284,371
290,214
245,717
254,912
279,742
273,403
288,132
261,022
262,424
251,265
752,000
754,286
732,100
697,248
704,830
664,345
659,729
669,977
647,345
678,525
656,331
653,224
598,952
849,660
834,661
767,828
839,266
840,380
807,973
799,553
779,514
1,110,589
1,036,569
1,034,281
1,022,937
949,141
909,926
903,526
852,788
896,038
804,424
775,069
768,075
807,304
824,309
858,445
835,523
902,512
887,982
874,143
917,497

917,497

874,143

887,982

902,512

835,523

858,445

824,309

807,304

768,075

775,069

804,424

896,038

852,788

903,526

909,926

949,141

1,022,937

1,034,281

1,036,569

1,110,589

779,514

799,553

807,973

840,380

839,266

767,828

834,661

849,660

598,952

653,224

656,331

678,525

647,345

669,977

659,729

664,345

704,830

697,248

732,100

754,286

752,000

251,265

262,424

261,022

288,132

273,403

279,742

254,912

245,717

290,214

284,371

280,275

285,843

293,105

296,926

299,120

318,156

309,942

311,857

323,973

340,049

215,497

214,513

211,712

231,441

230,809

216,443

156,776

168,723

166,574

180,348

86,221

96,517

103,002

108,944

117,857

127,878

131,080

135,733

150,674

170,835

158,095

177,056

220,041

220,774

278,361

302,443

331,515

342,805

331,655

342,101

333,958

330,738

345,248

276,203

276,234

275,481

287,300

291,100

284,200

115,200

100,500

109,400

116,200

141,600

137,000

121,300

133,400

118,900

124,100

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
170,489
173,282
129,916
133,565
156,397
150,789
166,843
145,876
148,031
137,981
0
597,822
576,474
549,530
550,510
516,237
516,012
525,889
475,978
496,114
473,399
475,365
413,675
658,261
641,257
651,537
740,755
733,367
702,864
694,889
679,797
753,118
684,527
686,055
682,204
591,097
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

591,097

682,204

686,055

684,527

753,118

679,797

694,889

702,864

733,367

740,755

651,537

641,257

658,261

413,675

475,365

473,399

496,114

475,978

525,889

516,012

516,237

550,510

549,530

576,474

597,822

137,981

148,031

145,876

166,843

150,789

156,397

133,565

129,916

173,282

170,489

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,951
4,981
11,910
11,251
10,732
22,762
25,408
21,815
21,840
33,850
33,265
32,660
36,224
34,040
35,087
29,688
26,058
29,753
29,850
28,887
25,911
25,623
23,088
21,650
22,206
50,453
47,792
45,901
50,435
55,590
58,274
58,409
50,408
52,389
51,013
69,504
81,063
80,223
78,469
71,958
68,058
68,456
68,454
52,755
43,323
42,558
40,347
37,062
37,540
36,532
34,809
34,600
34,568
33,167
32,451
65,854
60,653
58,088
56,116
63,088
58,342
56,401
54,940
54,767
62,994
61,580
61,582
62,034
59,025
56,185
55,894
56,461
107,013
105,109
104,664
99,717
77,872
75,154
74,595
73,383
93,306
96,950
100,985
92,620
107,128
104,736
104,635
101,984
110,879
103,203
101,784
99,669
110,518
0
0
0

110,518

99,669

101,784

103,203

110,879

101,984

104,635

104,736

107,128

92,620

100,985

96,950

93,306

73,383

74,595

75,154

77,872

99,717

104,664

105,109

107,013

56,461

55,894

56,185

59,025

62,034

61,582

61,580

62,994

54,767

54,940

56,401

58,342

63,088

56,116

58,088

60,653

65,854

32,451

33,167

34,568

34,600

34,809

36,532

37,540

37,062

40,347

42,558

43,323

52,755

68,454

68,456

68,058

71,958

78,469

80,223

81,063

69,504

51,013

52,389

50,408

58,409

58,274

55,590

50,435

45,901

47,792

50,453

22,206

21,650

23,088

25,623

25,911

28,887

29,850

29,753

26,058

29,688

35,087

34,040

36,224

32,660

33,265

33,850

21,840

21,815

25,408

22,762

10,732

11,251

11,910

4,981

4,951

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
71,324
76,585
78,739
83,807
86,813
87,805
86,689
80,578
81,226
80,833
0
95,811
97,538
91,602
91,232
89,766
87,316
89,148
116,600
119,417
121,352
116,277
123,243
132,374
137,219
60,397
42,050
49,372
49,128
51,634
49,254
45,087
43,200
43,734
43,111
62,849
57,681
52,952
45,728
56,696
54,442
53,699
63,692
74,396
74,497
70,557
66,293
80,568
0
0
0

80,568

66,293

70,557

74,497

74,396

63,692

53,699

54,442

56,696

45,728

52,952

57,681

62,849

43,111

43,734

43,200

45,087

49,254

51,634

49,128

49,372

42,050

60,397

137,219

132,374

123,243

116,277

121,352

119,417

116,600

89,148

87,316

89,766

91,232

91,602

97,538

95,811

80,833

81,226

80,578

86,689

87,805

86,813

83,807

78,739

76,585

71,324

> Total Stockholder Equity

104,000
106,300
107,300
110,200
110,100
112,400
114,200
119,600
121,200
123,200
121,100
119,000
121,800
125,757
126,007
130,316
210,219
216,237
218,413
222,428
230,539
235,879
231,492
186,949
186,966
132,117
109,632
103,723
105,654
101,600
105,667
107,707
114,809
119,473
125,410
128,375
135,586
139,190
145,417
147,898
158,023
165,200
172,741
180,275
189,649
200,402
206,646
216,582
228,035
238,156
234,369
254,554
264,371
269,909
273,905
278,277
289,363
296,507
305,505
310,975
321,413
326,900
323,608
317,567
326,651
329,343
335,655
338,478
347,548
706,873
719,575
732,829
744,248
747,253
756,607
765,810
778,595
790,779
791,482
803,867
815,583
825,407
841,453
849,068
705,956
721,950
712,044
724,466
736,370
715,947
693,802
687,645
689,296
687,538
685,692
709,251
723,451
735,049
750,520
756,176
765,566
782,869
795,304
793,722
780,410
766,068
759,454
768,397
777,267
778,182

778,182

777,267

768,397

759,454

766,068

780,410

793,722

795,304

782,869

765,566

756,176

750,520

735,049

723,451

709,251

685,692

687,538

689,296

687,645

693,802

715,947

736,370

724,466

712,044

721,950

705,956

849,068

841,453

825,407

815,583

803,867

791,482

790,779

778,595

765,810

756,607

747,253

744,248

732,829

719,575

706,873

347,548

338,478

335,655

329,343

326,651

317,567

323,608

326,900

321,413

310,975

305,505

296,507

289,363

278,277

273,905

269,909

264,371

254,554

234,369

238,156

228,035

216,582

206,646

200,402

189,649

180,275

172,741

165,200

158,023

147,898

145,417

139,190

135,586

128,375

125,410

119,473

114,809

107,707

105,667

101,600

105,654

103,723

109,632

132,117

186,966

186,949

231,492

235,879

230,539

222,428

218,413

216,237

210,219

130,316

126,007

125,757

121,800

119,000

121,100

123,200

121,200

119,600

114,200

112,400

110,100

110,200

107,300

106,300

104,000

Common Stock

24,200
24,000
24,100
24,100
23,600
23,300
22,900
22,900
22,500
21,800
21,700
20,600
20,200
19,833
19,838
19,942
112,375
111,091
109,868
110,570
110,593
115,700
115,722
115,987
116,156
116,394
116,388
116,224
116,476
116,476
116,666
117,843
117,944
118,032
118,144
121,254
121,501
121,513
123,256
127,051
123,105
125,468
126,447
127,588
128,951
130,197
130,718
132,086
133,571
135,889
137,358
154,762
155,832
157,360
158,225
158,066
159,182
160,701
162,086
163,079
164,648
166,015
155,134
144,770
145,289
146,320
146,564
146,468
147,251
518,056
522,813
523,148
521,875
520,791
524,741
518,615
520,953
521,698
518,181
518,702
519,390
521,984
529,235
522,046
508,570
497,093
481,286
482,330
483,175
484,064
488,155
488,947
489,656
490,233
481,514
483,484
484,612
491,819
494,955
490,870
492,306
493,783
494,571
489,957
475,136
468,061
459,346
454,844
457,830
0

457,830

454,844

459,346

468,061

475,136

489,957

494,571

493,783

492,306

490,870

494,955

491,819

484,612

483,484

481,514

490,233

489,656

488,947

488,155

484,064

483,175

482,330

481,286

497,093

508,570

522,046

529,235

521,984

519,390

518,702

518,181

521,698

520,953

518,615

524,741

520,791

521,875

523,148

522,813

518,056

147,251

146,468

146,564

146,320

145,289

144,770

155,134

166,015

164,648

163,079

162,086

160,701

159,182

158,066

158,225

157,360

155,832

154,762

137,358

135,889

133,571

132,086

130,718

130,197

128,951

127,588

126,447

125,468

123,105

127,051

123,256

121,513

121,501

121,254

118,144

118,032

117,944

117,843

116,666

116,476

116,224

116,388

116,394

116,156

115,987

115,722

115,700

110,593

110,570

109,868

111,091

112,375

19,942

19,838

19,833

20,200

20,600

21,700

21,800

22,500

22,900

23,300

23,600

24,100

24,000

24,200

Retained Earnings

61,800
64,500
64,800
67,300
68,800
72,000
74,900
79,900
82,600
87,700
85,600
87,000
90,400
93,059
91,929
95,549
97,844
105,146
108,545
114,148
123,364
123,418
118,392
74,639
74,053
16,978
-3,940
-10,057
-8,285
-12,362
-10,638
-9,085
-2,134
2,391
8,188
10,840
17,693
21,050
25,310
26,934
35,194
40,008
46,168
52,561
60,572
70,079
77,070
85,685
95,653
103,456
111,162
113,316
122,628
126,533
128,653
133,510
143,618
149,793
156,435
160,980
169,746
173,236
182,267
186,590
195,155
196,816
202,778
205,491
213,572
197,600
205,388
218,181
230,748
238,117
243,352
258,554
268,875
280,528
284,747
296,610
307,637
314,860
323,630
338,414
208,759
239,993
245,810
257,125
268,121
247,642
221,346
207,630
200,388
198,905
205,698
227,267
240,318
245,506
257,784
267,481
275,392
290,541
302,165
299,719
301,747
295,028
298,686
310,630
314,282
317,087

317,087

314,282

310,630

298,686

295,028

301,747

299,719

302,165

290,541

275,392

267,481

257,784

245,506

240,318

227,267

205,698

198,905

200,388

207,630

221,346

247,642

268,121

257,125

245,810

239,993

208,759

338,414

323,630

314,860

307,637

296,610

284,747

280,528

268,875

258,554

243,352

238,117

230,748

218,181

205,388

197,600

213,572

205,491

202,778

196,816

195,155

186,590

182,267

173,236

169,746

160,980

156,435

149,793

143,618

133,510

128,653

126,533

122,628

113,316

111,162

103,456

95,653

85,685

77,070

70,079

60,572

52,561

46,168

40,008

35,194

26,934

25,310

21,050

17,693

10,840

8,188

2,391

-2,134

-9,085

-10,638

-12,362

-8,285

-10,057

-3,940

16,978

74,053

74,639

118,392

123,418

123,364

114,148

108,545

105,146

97,844

95,549

91,929

93,059

90,400

87,000

85,600

87,700

82,600

79,900

74,900

72,000

68,800

67,300

64,800

64,500

61,800

Accumulated Other Comprehensive Income

-128,000
-133,800
-136,000
-138,300
-142,500
-145,500
-147,100
-148,100
-151,400
-154,200
-157,700
-162,900
-169,100
-176,800
-174,800
-181,000
-185,600
0
-209,975
-2,290
-3,418
-3,239
-2,622
-3,677
-3,243
-1,255
-2,816
-2,444
-2,537
-2,514
-361
-1,051
-1,001
-950
-922
-3,719
-3,608
-3,373
-3,149
-6,087
-276
-276
126
126
126
126
-1,142
-1,189
-1,189
-1,189
-14,151
-13,524
-14,089
-13,984
-12,973
-13,299
-13,437
-13,987
-13,016
-13,084
-12,981
-12,351
-13,793
-13,793
-13,793
-13,793
-13,687
-13,481
-13,275
-9,000
-8,626
-8,500
-8,375
-11,655
-11,486
-11,359
-11,233
-11,447
-11,446
-11,445
-11,444
-11,437
-11,412
-11,392
-11,373
-15,136
-15,052
-14,989
-14,926
-15,759
-15,699
-8,932
-748
-1,600
-1,520
-1,500
-1,479
-2,276
-2,219
-2,175
-2,132
-1,455
-1,432
4,046
3,527
2,979
1,422
2,923
5,155
0

5,155

2,923

1,422

2,979

3,527

4,046

-1,432

-1,455

-2,132

-2,175

-2,219

-2,276

-1,479

-1,500

-1,520

-1,600

-748

-8,932

-15,699

-15,759

-14,926

-14,989

-15,052

-15,136

-11,373

-11,392

-11,412

-11,437

-11,444

-11,445

-11,446

-11,447

-11,233

-11,359

-11,486

-11,655

-8,375

-8,500

-8,626

-9,000

-13,275

-13,481

-13,687

-13,793

-12,351

-12,981

-13,084

-13,016

-13,987

-13,437

-13,299

-12,973

-13,984

-14,089

-13,524

-14,151

-1,189

-1,142

126

-276

-6,087

-3,149

-3,373

-3,608

-3,719

-922

-950

-1,001

-1,051

-361

-2,514

-2,537

-2,444

-2,816

-1,255

-3,243

-3,677

-2,622

-3,239

-3,418

-2,290

-209,975

-185,600

-181,000

-174,800

-176,800

-169,100

-162,900

-157,700

-154,200

-151,400

-148,100

-147,100

-145,500

-142,500

-138,300

-136,000

-133,800

-128,000

Capital Surplus

Treasury Stock

Other Stockholders Equity

146,000
151,600
154,400
157,100
160,200
162,600
163,500
164,900
167,500
167,900
171,500
174,300
180,300
189,665
189,040
195,825
185,600
0
209,975
110,570
109,868
115,700
2,600
115,987
116,156
116,394
2,732
2,423
2,454
2,500
367
1,207
1,009
1,073
910
3,675
3,586
228,458
123,256
127,051
123,105
125,468
126,447
127,588
128,951
130,197
130,718
132,086
133,571
135,889
137,358
454
-29
157,360
158,225
158,066
159,182
160,701
162,086
163,079
164,648
166,015
155,134
144,770
145,289
-13,793
-13,687
-13,481
-13,275
0
-8,626
-8,500
-8,375
-11,655
11,507
11,410
11,095
11,379
11,382
11,367
11,383
-437
11,453
11,468
11,356
-150
15,144
15,066
14,926
45
15,699
8,932
748
400
1,520
1,500
-1,479
-2,276
-2,219
-2,175
-2,132
-1,455
-1,432
4,046
3,527
2,979
1,422
0
0
0

1,422

2,979

3,527

4,046

-1,432

-1,455

-2,132

-2,175

-2,219

-2,276

-1,479

1,500

1,520

400

748

8,932

15,699

14,926

15,066

15,144

-150

11,356

11,468

11,453

-437

11,383

11,367

11,382

11,379

11,095

11,410

11,507

-11,655

-8,375

-8,500

-8,626

-13,275

-13,481

-13,687

-13,793

145,289

144,770

155,134

166,015

164,648

163,079

162,086

160,701

159,182

158,066

158,225

157,360

-29

454

137,358

135,889

133,571

132,086

130,718

130,197

128,951

127,588

126,447

125,468

123,105

127,051

123,256

228,458

3,586

3,675

910

1,073

1,009

1,207

367

2,500

2,454

2,423

2,732

116,394

116,156

115,987

2,600

115,700

109,868

110,570

209,975

185,600

195,825

189,040

189,665

180,300

174,300

171,500

167,900

167,500

164,900

163,500

162,600

160,200

157,100

154,400

151,600

146,000

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
Accounts Payable	473,419	487,215	447,451	464,784	405,370	357,802	376,977	372,432	353,688	320,037	364,856	120,651	107,703	100,919	114,549	97,248	112,899	93,729	90,992	82,391	75,267	112,181	90,327	122,937	82,186	83,333	81,691	78,130
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
Accumulated Depreciation	0	0	0	0	0	0	0	0	-475,873	-400,643	0	-314,476	-300,594	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	2,979	-1,455	-2,276	-1,600	-15,759	-15,136	-11,437	-11,447	-11,655	-14,000	-13,687	-13,793	-13,016	-12,973	-14,151	-1,142	126	-3,149	-922	-361	-2,816	-2,622	-209,975	-174,800	-157,700	-147,100	-136,000
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	0	0	0	0
Capital Lease Obligations	268,097	284,515	314,546	324,645	309,790	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	460,299	468,061	493,783	491,819	490,233	484,064	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	0	0	0	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	17,964	29,086	10,666	19,903	24,172	18,585	15,667	24,351	22,719	6,443	9,200	6,097	26,476	43,824	9,170	6,519	19,867	12,063	7,655	14,880	12,679	23,306	13,903	27,561	36,422	44,112	37,027	34,199
Cash And Equivalents	0	0	0	0	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	0	29,086	10,666	19,903	24,172	18,585	15,667	24,351	22,719	6,443	0	6,097	26,476	43,824	9,170	6,519	19,867	12,063	7,655	14,880	12,679	25,011	24,273	49,539	57,050	65,171	55,360	51,805
Common Stock	0	468,061	493,783	491,819	490,233	484,064	497,093	521,984	521,698	520,791	518,056	146,564	155,134	162,086	158,225	137,358	130,718	126,447	123,300	118,144	116,666	116,388	115,722	109,868	19,838	21,689	22,888	24,066
Common Stock Shares Outstanding	34,967	36,313	35,943	35,862	35,359	35,227	37,419	37,556	37,718	37,710	21,977	21,848	22,887	22,688	22,480	22,262	21,668	21,408	21,174	20,743	20,016	19,896	19,690	17,333	13,439	14,512	15,136	1,214
Common Stock Total Equity	0	468,061	493,783	491,819	490,233	484,064	497,093	521,984	521,698	520,791	518,100	146,600	155,134	162,100	158,200	153,800	130,700	0	123,300	118,100	116,700	116,400	115,700	109,868	19,800	21,700	22,900	24,100
Current Deferred Revenue	0	0	0	0	43,111	49,254	42,050	0	116,600	0	0	0	65,857	56,022	5,508	54,651	58,726	52,870	6,801	50,580	43,888	63,075	692	77,078	0	30,078	32,347	24,453
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
Deferred Long Term Liab	0	66,293	63,692	45,728	43,111	49,254	42,050	123,243	116,600	91,232	0	80,578	83,807	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
Good Will	182,160	182,160	181,035	181,035	181,035	178,648	178,648	322,686	322,902	297,280	299,200	246,840	240,194	241,244	247,916	249,303	186,531	142,888	72,555	72,300	72,100	68,743	155,243	155,737	99,100	5,900	0	0
Intangible Assets	101,535	106,341	110,960	116,142	130,434	128,926	134,430	60,163	63,193	57,805	29,100	35,358	274,791	9,800	12,400	13,700	12,000	150,304	1,211	72,315	72,105	68,743	10,600	155,737	99,075	0	0	0
Inventory	575,226	571,065	522,324	541,785	537,212	553,799	597,162	539,857	521,164	577,197	589,500	124,657	99,778	103,814	117,514	113,790	113,078	106,854	95,892	95,988	97,771	138,095	179,319	179,589	105,587	82,186	92,706	85,209
Liabilities And Stockholders Equity	0	2,306,561	2,206,782	2,277,391	2,275,609	1,971,912	2,055,797	1,930,336	1,925,448	1,932,282	1,983,700	789,667	763,473	751,396	753,481	723,932	610,137	487,499	378,597	384,457	392,511	556,306	746,540	810,845	570,573	538,734	406,133	403,630
Long Term Debt	588,667	496,792	399,390	481,309	682,204	679,797	740,755	413,675	467,793	550,510	597,563	145,876	133,565	170,711	181,066	215,686	143,574	106,341	64,015	91,946	124,616	183,817	295,185	306,632	266,071	0	0	0
Long Term Debt Total	0	0	0	0	682,204	679,797	740,755	413,675	475,978	550,510	0	145,876	133,565	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	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
Net Debt	579,516	759,010	709,604	791,186	974,171	679,475	734,284	406,748	472,262	563,825	596,445	143,846	122,640	131,092	212,043	213,099	134,581	96,772	58,035	79,914	116,114	197,105	307,230	317,549	253,511	231,136	115,684	132,270
Net Invested Capital	1,375,662	1,269,649	1,188,593	1,221,493	1,376,091	1,414,007	1,471,901	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	379,208	404,016	361,686	357,564	345,320	346,260	344,057	291,568	317,183	282,697	285,400	60,979	58,637	56,344	54,529	51,470	59,885	45,347	45,280	43,445	39,952	70,747	84,533	82,671	83,998	75,941	70,083	67,045
Net Tangible Assets	0	477,567	490,874	437,872	376,069	408,373	408,872	502,721	467,877	449,973	0	88,815	83,414	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	417,593	361,441	301,355	325,186	431,548	524,645	509,705	387,507	396,263	433,200	398,200	13,179	24,684	47,300	15,739	20,969	20,499	27,213	20,736	30,258	34,214	88,507	113,711	69,064	88,448	101,984	61,682	60,673
Non Current Assets Total	1,278,086	1,240,150	1,249,589	1,262,651	1,278,927	970,816	1,051,511	1,036,852	1,041,861	1,018,883	1,060,700	583,498	553,836	538,480	557,286	537,373	397,859	302,304	210,902	213,009	222,127	241,166	449,296	483,307	313,793	303,449	169,354	179,926
Non Current Liabilities Other	28,808	33,376	38,292	807,060	979,826	50,463	56,461	62,034	54,767	63,088	0	34,568	37,540	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	917,497	835,523	768,075	852,788	1,022,937	779,514	839,266	598,952	647,345	704,830	752,000	261,022	254,912	280,275	299,120	323,973	211,712	156,776	86,221	117,857	150,674	220,041	331,515	333,958	276,234	284,372	116,844	133,342
Non Currrent Assets Other	103,174	18,089	97,195	99,242	82,660	84,182	138,193	154,444	135,261	124,453	17,100	64,532	56,866	55,788	61,409	53,264	28,143	16,203	14,108	13,135	16,438	26,785	868	38,427	30,955	93,245	1,703	565
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
Other Assets	0	84,382	97,195	99,242	-43	45	-12	94,242	98,983	45,174	70,678	29,174	22,269	19,450	22,282	12,826	13,867	8,787	19,377	27,700	38,648	47,202	25,738	194,164	135,202	0	0	0
Other Current Assets	62,440	62,244	62,517	72,229	58,775	73,798	47,400	37,187	22,521	31,882	39,468	1,304	24,746	8,934	14,982	14,780	2,404	3,595	6,634	3,855	4,051	64,033	9,119	15,739	10,145	11,987	4,466	6,026
Other Current Liab	0	165,513	154,208	173,849	110,975	100,386	108,408	116,121	114,633	140,404	163,864	68,272	3,472	4,470	52,821	9,759	9,280	8,889	54,292	5,371	12,838	14,783	66,566	19,981	62,284	14,164	16,014	19,754
Other Liab	0	99,669	101,984	92,620	73,383	99,717	98,511	185,277	171,367	63,088	65,854	34,568	37,540	43,323	68,058	81,063	50,408	50,435	22,206	25,911	26,058	36,224	21,840	10,732	4,951	0	0	0
Other Stockholder Equity	0	2,979	-1,455	-2,276	400	45	-136	-437	-447	-11,655	0	-13,687	155,134	162,086	158,225	137,358	130,718	126,447	123,256	910	367	2,732	2,600	209,975	189,040	171,515	163,532	154,407
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
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
Property Plant And Equipment Gross	1,838,900	867,267	860,399	866,232	884,798	579,060	600,240	559,722	583,698	597,150	628,500	272,100	256,776	241,400	248,000	234,800	183,200	143,213	115,200	108,900	108,400	120,100	266,400	289,143	178,600	158,300	161,100	173,000
Property Plant And Equipment Net	891,217	867,267	860,399	866,232	884,798	579,060	600,240	559,722	583,698	597,150	0	272,126	256,776	241,448	247,961	234,806	183,185	143,213	115,178	108,879	108,437	120,072	268,315	289,143	178,591	158,348	161,112	173,008
Property Plant Equipment	0	610,220	860,399	577,059	615,816	579,060	600,240	559,722	583,698	597,150	651,477	272,126	256,776	241,448	247,961	234,806	183,185	143,213	115,178	108,879	108,437	120,072	268,315	289,143	178,591	0	0	0
Retained Earnings	317,087	295,028	290,541	245,506	198,905	247,642	239,993	314,860	280,528	238,117	197,600	202,778	182,267	156,435	128,653	111,162	77,070	46,168	25,310	8,188	-10,638	-3,940	118,392	108,545	91,929	85,558	74,872	64,785
Retained Earnings Total Equity	0	295,028	290,541	245,506	198,905	247,642	239,993	314,860	280,528	238,117	0	202,778	182,267	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	8,813	6,789	6,334	5,135	6,349	18,263	9,196	17,424	19,003	19,758	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	0	788,096	720,270	811,089	998,343	698,060	749,951	431,099	494,981	570,268	605,645	149,943	149,116	174,916	221,213	219,618	154,448	108,835	65,690	94,794	128,793	220,411	321,133	345,110	289,933	275,248	152,710	166,468
Short Term Debt	0	52,242	54,179	50,921	48,789	18,263	9,196	17,424	19,003	19,758	7,345	4,067	7,921	4,205	13,086	3,932	10,874	2,494	1,675	2,848	4,177	36,594	25,948	38,478	23,862	5,726	45,045	40,692
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,705	10,370	21,978	20,628	21,058	18,333	17,606
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
Total Assets	2,355,575	2,306,561	2,206,782	2,277,391	2,275,609	1,971,912	2,055,797	1,930,336	1,925,448	1,932,282	1,983,700	789,667	763,473	751,396	753,481	723,932	610,137	487,499	378,597	384,457	392,511	556,306	746,540	810,845	570,573	538,734	406,133	403,630
Total Current Assets	1,077,489	1,066,411	957,193	1,014,740	996,682	1,001,096	1,004,286	893,484	883,587	913,399	923,000	206,169	209,637	212,916	196,195	186,559	212,278	185,195	167,695	171,448	170,384	315,140	297,244	327,538	256,780	235,285	236,779	223,703
Total Current Liabilities	659,896	704,970	655,838	689,554	565,134	476,451	494,581	505,977	487,324	480,199	524,800	192,990	184,953	165,616	180,456	165,590	191,779	157,982	146,959	141,190	136,170	226,633	183,533	258,474	168,332	133,301	175,097	163,030
Total Liab	1,577,393	1,540,493	1,423,913	1,542,342	1,588,071	1,255,965	1,333,847	1,104,929	1,134,669	1,185,029	1,276,800	454,012	439,865	445,891	479,576	489,563	403,491	314,758	233,180	259,047	286,844	446,674	515,048	592,432	444,566	417,672	291,941	296,372
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	0	0	0	0
Total Stockholder Equity	778,182	766,068	782,869	735,049	687,538	715,947	721,950	825,407	790,779	747,253	706,873	335,655	323,608	305,505	273,905	234,369	206,646	172,741	145,417	125,410	105,667	109,632	231,492	218,413	126,007	121,061	114,192	107,258
Treasury 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
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

	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
Accounts Payable	473,419	505,786	500,044	470,803	487,215	492,876	503,711	478,964	447,451	490,604	441,888	441,772	464,784	501,099	489,412	509,164	405,370	456,991	406,896	391,315	357,802	411,399	364,700	356,534	376,977	440,590	394,276	370,682	372,432	398,945	339,084	333,440	353,688	365,818	350,719	349,893	320,037	411,279	375,592	349,121	364,856	137,899	129,680	120,651	116,207	128,803	127,873	107,703	111,273	129,185	129,737	100,919	122,377	131,933	121,864	114,549	112,457	129,646	116,503	97,248	100,857	121,217	127,360	112,899	93,939	110,991	112,498	93,729	96,411	109,773	100,360	90,992	88,751	88,687	87,264	82,391	79,879	81,591	90,174	75,267	80,777	87,959	95,015	112,181	116,925	108,010	99,961	90,327	107,753	124,596	123,129	122,937	151,337	140,382	83,712	82,186	95,598	101,300	99,300	68,000	88,100	100,100	88,900	81,700	75,500	95,100	89,900	78,100	92,900	104,300
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
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	-475,873	0	0	0	-400,643	0	0	0	0	0	0	-314,476	0	0	0	-300,594	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	5,155	2,923	1,422	2,979	3,527	4,046	-1,432	-1,455	-2,132	-2,175	-2,219	-2,276	-1,479	-1,500	-1,520	-1,600	-748	-8,932	-15,699	-15,759	-14,926	-14,989	-15,052	-15,136	-11,373	-11,392	-11,412	-11,437	-11,444	-11,445	-11,446	-11,447	-11,233	-11,359	-11,486	-11,655	-8,375	-8,500	-8,626	-9,000	-13,275	-13,481	-13,687	-13,793	-13,793	-13,793	-13,793	-12,351	-12,981	-13,084	-13,016	-13,987	-13,437	-13,299	-12,973	-13,984	-14,089	-13,524	-14,151	-1,189	-1,189	-1,189	-1,142	126	126	126	126	-276	-276	-6,087	-3,149	-3,373	-3,608	-3,719	-922	-950	-1,001	-1,051	-361	-2,514	-2,537	-2,444	-2,816	-1,255	-3,243	-3,677	-2,622	-3,239	-3,418	-2,290	-209,975	0	-185,600	-181,000	-174,800	-176,800	-169,100	-162,900	-157,700	-154,200	-151,400	-148,100	-147,100	-145,500	-142,500	-138,300	-136,000	-133,800	-128,000
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	268,097	275,181	278,618	273,459	284,515	289,674	293,527	299,501	314,546	319,016	298,834	311,740	324,645	305,326	304,168	307,570	309,790	315,426	318,655	321,024	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	460,299	457,830	454,844	459,346	468,061	475,136	489,957	494,571	493,783	492,306	490,870	494,955	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	17,964	17,554	16,910	16,965	29,086	18,964	21,217	16,330	10,666	24,645	24,136	23,292	19,903	26,903	34,645	21,255	24,172	23,436	19,949	21,360	18,585	20,673	15,913	17,167	15,667	13,154	22,726	19,516	24,351	26,398	23,816	28,687	22,719	8,510	13,085	8,475	6,443	8,048	6,420	15,064	9,200	5,545	4,163	6,097	8,960	7,491	6,093	26,476	55,059	62,080	37,713	43,824	25,267	25,124	6,441	9,170	7,180	6,746	7,802	6,519	9,650	28,477	30,616	19,867	11,396	12,308	14,690	12,063	13,160	10,221	9,918	7,655	11,782	13,494	13,367	14,880	14,576	13,450	12,236	12,679	19,083	15,121	18,492	23,306	19,041	17,673	7,346	13,903	12,622	32,004	24,499	27,561	64,025	69,632	48,071	36,422	42,822	55,500	47,700	28,800	35,900	34,300	46,300	37,000	25,100	35,100	31,000	34,200	33,800	33,500
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	17,554	16,910	16,965	29,086	18,964	21,217	16,330	10,666	24,645	24,136	23,292	19,903	26,903	34,645	21,255	24,172	23,436	19,949	21,360	18,585	20,673	15,913	17,167	15,667	13,154	22,726	19,516	24,351	26,398	23,816	28,687	22,719	8,510	13,085	8,475	6,443	8,048	6,420	15,064	0	5,545	4,163	6,097	8,960	7,491	6,093	26,476	55,059	62,080	37,713	43,824	25,267	25,124	6,441	9,170	7,180	6,746	7,802	6,519	9,650	28,477	30,616	19,867	11,396	12,308	14,690	12,063	13,160	10,221	9,918	7,655	11,782	13,494	13,367	14,880	14,576	13,450	12,236	12,679	20,739	16,743	20,257	25,011	20,947	19,377	8,911	24,273	23,014	47,211	38,972	49,539	84,805	89,462	69,055	57,050	62,626	73,400	65,800	49,900	56,500	54,600	65,100	55,300	47,300	50,200	47,700	51,800	49,500	49,200
Common Stock	0	457,830	454,844	459,346	468,061	475,136	489,957	494,571	493,783	492,306	490,870	494,955	491,819	484,612	483,484	481,514	490,233	489,656	488,947	488,155	484,064	483,175	482,330	481,286	497,093	508,570	522,046	529,235	521,984	519,390	518,702	518,181	521,698	520,953	518,615	524,741	520,791	521,875	523,148	522,813	518,056	147,251	146,468	146,564	146,320	145,289	144,770	155,134	166,015	164,648	163,079	162,086	160,701	159,182	158,066	158,225	157,360	155,832	154,762	137,358	135,889	133,571	132,086	130,718	130,197	128,951	127,588	126,447	125,468	123,105	127,051	123,256	121,513	121,501	121,254	118,144	118,032	117,944	117,843	116,666	116,476	116,476	116,224	116,388	116,394	116,156	115,987	115,722	115,700	110,593	110,570	109,868	111,091	112,375	19,942	19,838	19,833	20,200	20,600	21,700	21,800	22,500	22,900	22,900	23,300	23,600	24,100	24,100	24,000	24,200
Common Stock Shares Outstanding	34,610	34,523	34,395	35,457	35,866	35,775	36,155	35,878	36,110	35,198	35,242	35,876	35,807	34,847	34,867	36,172	36,351	35,411	35,402	35,243	35,943	35,113	35,108	35,480	36,846	37,254	37,832	37,756	37,591	37,546	37,547	37,544	37,656	37,014	37,062	37,802	37,628	37,778	37,168	37,718	27,800	21,977	21,892	21,826	21,816	21,824	21,939	21,900	23,080	22,962	22,777	22,700	22,710	22,692	22,607	22,500	22,515	22,496	22,375	22,300	22,305	21,778	21,729	21,700	21,660	21,695	21,650	21,700	21,455	21,191	21,542	20,900	21,321	21,437	21,252	21,000	20,795	20,694	20,468	20,100	20,053	20,077	19,977	20,000	19,916	19,857	19,796	19,800	20,009	19,602	19,471	19,500	19,498	16,307	9,960	9,900	9,976	13,570	10,300	10,800	11,000	11,400	11,500	11,600	11,700	11,900	12,100	11,900	12,100	12,200
Common Stock Total Equity	0	0	0	459,346	468,061	475,136	489,957	494,571	493,783	492,306	490,870	494,955	491,819	484,612	483,484	481,514	490,233	489,656	488,947	488,155	484,064	483,175	482,300	481,300	497,100	508,600	522,000	529,200	521,984	519,400	518,700	518,200	521,700	521,000	518,600	524,700	520,800	521,900	523,100	522,800	518,100	147,300	146,500	146,600	146,300	145,300	144,800	155,134	166,015	164,600	163,100	162,100	160,700	159,200	158,100	158,200	166,300	155,800	154,800	153,800	135,900	133,600	132,100	130,700	130,200	129,000	127,600	0	125,500	123,100	127,100	123,300	121,513	121,500	121,300	118,100	118,000	117,900	117,800	116,700	116,500	116,500	116,200	116,400	116,400	116,200	116,000	115,700	115,700	110,600	110,600	109,868	111,100	112,400	19,900	19,800	19,800	20,200	20,600	21,700	21,800	22,500	22,900	22,900	23,300	23,600	24,100	24,100	24,000	24,200
Current Deferred Revenue	0	0	0	0	66,293	70,557	74,497	0	0	53,699	0	0	0	52,952	0	0	43,111	43,734	43,200	45,087	49,254	51,634	49,128	49,372	42,050	60,397	137,219	132,374	0	116,277	121,352	119,417	116,600	29,453	28,819	28,086	0	22,987	0	0	0	1,900	0	2,310	53,478	44,429	51,496	1,582	48,093	42,863	45,116	1,526	49,054	1,810	3,685	49,996	51,199	4,835	48,498	27,224	46,379	6,470	51,198	17,730	53,082	49,213	48,685	52,870	52,138	46,707	47,371	6,801	0	5,158	44,631	50,580	44,675	40,186	42,279	43,888	43,732	41,407	62,290	4,113	51,216	1,854	1,118	692	1,521	1,835	3,911	16,594	5,367	5,616	0	0	46,809	5,253	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	80,568	66,293	70,557	74,497	74,396	63,692	53,699	54,442	56,696	45,728	52,952	57,681	62,849	43,111	43,734	43,200	45,087	49,254	51,634	49,128	49,372	42,050	60,397	137,219	132,374	123,243	116,277	121,352	119,417	116,600	89,148	87,316	89,766	91,232	91,602	97,538	95,811	0	80,833	81,226	80,578	86,689	87,805	86,813	83,807	78,739	76,585	71,324	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Good Will	182,160	182,160	182,160	182,160	182,160	182,160	182,160	181,035	181,035	181,035	181,035	181,035	181,035	181,035	181,035	181,035	181,035	181,035	181,035	178,648	178,648	178,648	178,648	178,648	178,648	178,392	366,636	367,497	322,686	322,686	322,686	322,686	322,902	331,612	331,523	297,280	297,280	297,352	312,252	308,968	299,200	246,437	246,665	246,840	246,925	239,834	240,037	240,194	240,589	240,704	241,132	241,244	247,165	247,779	247,826	247,916	251,491	249,492	249,328	249,303	253,107	186,265	186,487	186,531	176,383	176,329	176,425	142,888	142,440	141,216	141,784	72,555	72,465	72,465	72,315	72,300	72,315	72,105	72,105	72,100	68,700	68,700	68,700	68,743	68,643	113,600	113,600	155,243	156,800	157,800	157,800	155,737	122,000	122,900	98,900	99,100	100,577	92,200	96,800	5,900	0	0	0	0	0	0	0	0	0	0
Intangible Assets	101,535	102,661	103,795	104,931	106,341	107,415	108,349	109,400	110,960	112,132	113,335	114,538	116,142	119,039	127,320	128,654	130,434	128,351	129,131	144,451	128,926	130,227	131,159	132,565	134,430	135,656	130,048	131,376	60,163	322,686	322,686	322,686	63,193	331,612	331,523	24,800	57,805	58,523	68,433	29,100	29,100	246,437	246,665	35,358	246,925	239,834	240,037	274,791	240,589	240,704	241,132	277,582	247,165	247,779	247,826	287,043	251,491	249,492	249,328	289,741	14,700	186,265	186,487	12,000	13,100	12,300	12,500	150,304	7,700	141,216	141,784	3,900	72,465	72,465	72,315	72,315	72,315	72,105	72,105	72,105	68,700	68,700	68,700	68,743	68,643	113,643	113,643	155,243	156,756	157,804	157,828	155,737	122,008	122,932	98,868	99,075	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	575,226	579,631	576,859	566,330	571,065	623,504	591,609	556,322	522,324	550,240	538,494	602,565	541,785	586,351	552,379	516,517	537,212	594,676	572,723	595,741	553,799	592,152	562,443	577,508	597,162	598,493	555,578	539,908	539,857	561,772	536,299	533,074	521,164	573,320	552,327	562,979	577,197	612,901	564,628	557,760	589,500	141,358	135,126	124,657	133,879	136,032	132,435	99,778	120,908	121,287	132,476	103,814	134,588	128,623	127,545	117,514	135,718	143,332	132,836	113,790	132,389	131,301	121,721	113,078	133,494	144,411	127,714	106,854	118,145	119,840	107,518	95,892	104,004	98,544	93,150	95,988	96,229	92,265	91,973	97,771	101,917	103,857	111,042	138,095	166,052	184,608	195,727	179,319	208,655	191,798	190,242	179,589	196,796	186,877	105,787	105,587	108,416	123,000	110,200	82,200	87,100	81,200	80,400	92,700	104,900	97,500	76,200	85,200	87,700	84,100
Liabilities And Stockholders Equity	0	2,333,776	2,326,911	2,296,190	2,306,561	2,341,477	2,322,319	2,264,233	2,206,782	2,242,680	2,209,147	2,275,566	2,277,391	2,321,559	2,296,549	2,314,215	2,275,609	2,334,546	2,291,964	2,359,496	1,971,912	2,054,041	2,010,812	2,016,937	2,055,797	2,033,774	2,198,535	2,180,615	1,930,336	1,993,879	1,923,863	1,920,784	1,925,448	1,966,353	1,932,992	1,915,795	1,932,282	1,991,269	1,989,234	1,972,447	1,983,700	797,689	792,291	789,667	794,561	784,013	784,346	763,473	788,488	796,126	783,094	751,396	763,498	773,970	756,330	753,481	765,838	765,592	745,154	723,932	739,390	633,810	627,840	610,137	598,072	597,922	575,132	487,499	495,799	494,605	489,600	378,597	378,872	378,101	377,402	384,457	381,240	379,401	387,003	392,511	415,807	427,167	477,427	556,306	567,284	687,354	695,091	746,540	797,129	818,958	815,369	810,845	814,466	823,177	580,889	570,573	579,635	596,000	585,000	523,400	388,600	385,300	397,200	406,100	409,300	412,800	390,000	403,800	393,100	397,800
Long Term Debt	588,667	535,804	545,857	562,380	496,792	512,704	473,876	444,299	399,390	398,465	445,574	522,068	481,309	540,920	552,206	591,097	682,204	686,055	684,527	753,118	647,079	694,889	702,864	733,367	740,755	651,537	641,257	658,261	413,675	475,365	473,399	496,114	475,978	525,889	516,012	516,237	550,510	549,530	576,474	597,822	597,563	137,981	148,031	145,876	166,843	150,789	156,397	133,565	129,916	173,282	170,489	170,711	170,886	170,188	175,714	181,066	199,921	189,115	191,930	215,686	237,391	141,957	142,560	143,574	173,032	172,535	160,853	106,341	122,822	118,782	129,895	64,015	74,867	79,914	83,321	91,946	98,991	101,230	105,980	124,616	141,147	123,008	143,016	183,817	188,114	242,248	265,029	295,185	310,445	296,999	307,099	306,632	307,156	320,714	266,010	266,071	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	591,097	682,204	686,055	684,527	753,118	679,797	694,889	702,864	733,367	740,755	651,537	641,257	658,261	413,675	475,365	473,399	496,114	475,978	525,889	516,012	516,237	550,510	549,530	576,474	597,822	0	137,981	148,031	145,876	166,843	150,789	156,397	133,565	129,916	173,282	170,489	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Debt	579,516	801,841	815,209	826,488	759,010	790,173	752,489	733,276	709,604	698,516	725,991	815,512	791,186	824,681	827,218	883,569	974,171	985,089	1,000,942	1,070,788	679,475	682,351	694,744	723,828	734,284	657,790	637,532	656,149	406,748	467,965	468,689	486,510	472,262	539,372	524,596	526,781	563,825	548,831	577,243	590,016	596,445	136,419	147,805	143,846	161,987	150,754	154,632	111,538	127,766	119,552	141,341	146,394	149,780	149,231	181,847	212,043	196,624	186,269	188,011	213,099	231,624	121,456	119,954	134,581	172,203	168,846	154,730	96,772	114,878	113,928	125,439	58,035	64,739	68,044	72,771	79,914	87,242	93,007	97,861	116,114	126,302	126,272	149,062	197,105	197,492	256,499	290,341	307,230	331,527	298,527	317,511	317,549	271,791	277,694	241,527	253,511	245,427	233,400	242,300	248,400	69,900	62,500	76,000	109,200	136,300	118,600	107,600	125,100	110,100	95,500
Net Invested Capital	1,375,662	1,321,481	1,321,898	1,329,448	1,269,649	1,299,873	1,273,901	1,245,409	1,188,593	1,169,711	1,207,469	1,277,584	1,221,493	1,269,709	1,266,946	1,282,946	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	379,208	427,275	426,186	410,957	404,016	430,150	411,453	395,467	361,686	372,029	370,669	346,725	357,564	387,114	374,394	417,684	345,320	374,287	362,605	376,708	346,260	363,951	355,050	330,254	344,057	370,482	349,279	342,364	291,568	321,989	306,418	304,754	317,183	320,019	298,034	312,521	282,697	305,433	334,440	311,188	285,400	59,207	60,087	60,979	50,267	59,719	61,253	58,637	56,764	60,026	62,228	56,344	48,941	54,848	53,639	54,529	52,020	53,673	53,413	51,470	46,811	54,479	58,976	59,885	53,196	57,164	48,221	45,347	43,862	47,369	50,833	45,280	41,075	42,468	45,785	43,445	40,859	41,956	41,749	39,952	46,900	52,283	55,335	70,747	74,905	83,513	83,783	84,533	96,142	100,878	96,509	82,671	89,042	93,130	84,610	83,998	87,600	82,100	87,400	75,900	71,000	74,600	73,300	74,500	69,500	71,800	70,900	73,200	66,500	77,500
Net Tangible Assets	0	0	0	472,363	477,567	490,835	503,213	504,869	490,874	472,399	461,806	454,947	437,872	423,377	400,896	376,003	376,069	379,910	377,479	370,703	408,373	427,495	414,659	400,831	408,872	391,908	352,384	342,580	502,721	492,897	481,181	468,796	467,877	446,983	434,287	459,327	449,973	446,896	420,577	410,607	0	101,111	91,813	88,815	329,343	86,817	77,530	83,414	86,311	80,709	69,843	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	417,593	405,688	414,825	434,655	361,441	443,854	417,322	370,266	301,355	305,185	344,373	409,996	325,186	400,920	381,303	368,874	431,548	437,574	430,746	497,718	524,645	510,645	507,400	520,653	509,705	455,565	445,662	455,164	387,507	414,676	431,730	445,255	396,263	412,564	383,667	424,476	433,200	421,715	416,858	420,325	398,200	20,047	20,784	13,179	35,916	41,495	39,068	24,684	30,388	70,605	57,634	47,300	38,056	27,525	20,739	15,739	30,850	27,064	29,340	20,969	43,135	38,735	31,945	20,499	47,761	52,031	32,855	27,213	33,273	26,695	25,244	20,736	29,392	32,154	29,580	30,258	35,608	31,972	23,424	34,214	48,897	35,321	42,797	88,507	63,754	77,784	94,413	113,711	120,273	95,317	88,118	69,064	116,299	114,815	96,608	88,448	90,797	103,200	99,500	100,900	77,700	59,800	64,300	61,100	79,100	68,300	51,200	59,700	49,600	53,600
Non Current Assets Total	1,278,086	1,245,722	1,241,554	1,227,311	1,240,150	1,195,001	1,200,709	1,232,342	1,249,589	1,235,450	1,216,227	1,236,562	1,262,651	1,226,057	1,237,874	1,265,959	1,278,927	1,286,003	1,293,468	1,306,673	970,816	1,025,278	1,025,039	1,031,771	1,051,511	1,018,219	1,238,067	1,235,949	1,036,852	1,054,131	1,028,468	1,024,752	1,041,861	1,036,008	1,041,872	996,476	1,018,883	1,019,781	1,048,071	1,053,536	1,060,700	578,766	580,118	583,498	581,559	558,559	558,241	553,836	542,229	541,022	537,712	538,480	544,294	554,943	554,464	557,286	557,215	547,249	537,071	537,373	535,070	404,797	399,150	397,859	384,082	368,427	363,863	302,304	300,650	297,902	303,002	210,902	206,315	206,434	207,739	213,009	211,743	213,917	220,016	222,127	223,538	228,428	237,982	241,166	289,137	387,543	394,979	449,296	458,411	466,877	476,411	483,307	430,676	440,652	309,911	313,793	310,441	305,900	310,600	304,400	160,600	162,000	164,700	169,300	174,900	178,800	180,300	180,900	175,700	174,500
Non Current Liabilities Other	28,808	28,212	28,229	29,950	33,376	787,888	749,812	732,908	38,292	721,370	50,294	839,342	807,060	850,574	39,269	886,292	979,826	990,547	993,369	1,065,502	50,463	53,030	55,981	57,641	56,461	55,894	56,185	59,025	62,034	61,582	61,580	62,994	54,767	54,940	56,401	58,342	63,088	56,116	58,088	60,653	0	32,451	33,167	34,568	34,600	34,809	36,532	37,540	37,062	40,347	42,558	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	917,497	874,143	887,982	902,512	835,523	858,445	824,309	807,304	768,075	775,069	804,424	896,038	852,788	903,526	909,926	949,141	1,022,937	1,034,281	1,036,569	1,110,589	779,514	799,553	807,973	840,380	839,266	767,828	834,661	849,660	598,952	653,224	656,331	678,525	647,345	669,977	659,729	664,345	704,830	697,248	732,100	754,286	752,000	251,265	262,424	261,022	288,132	273,403	279,742	254,912	245,717	290,214	284,371	280,275	285,843	293,105	296,926	299,120	318,156	309,942	311,857	323,973	340,049	215,497	214,513	211,712	231,441	230,809	216,443	156,776	168,723	166,574	180,348	86,221	96,517	103,002	108,944	117,857	127,878	131,080	135,733	150,674	170,835	158,095	177,056	220,041	220,774	278,361	302,443	331,515	342,805	331,655	342,101	333,958	330,738	345,248	276,203	276,234	275,481	287,300	291,100	284,200	115,200	100,500	109,400	116,200	141,600	137,000	121,300	133,400	118,900	124,100
Non Currrent Assets Other	103,174	93,155	92,217	7,282	18,089	14,763	13,366	96,963	97,195	97,464	90,583	99,213	99,242	94,632	99,948	102,715	82,660	85,900	89,353	86,905	84,182	139,118	133,408	138,124	138,193	115,755	119,765	109,029	154,444	160,736	130,719	128,669	135,261	118,035	122,478	119,371	124,453	126,135	60,417	113,055	17,100	63,992	64,344	64,532	62,266	57,173	61,310	56,866	56,375	56,773	56,781	55,788	58,844	60,773	61,070	61,409	55,809	51,397	52,321	53,264	57,070	27,713	27,627	28,143	31,967	27,649	28,360	16,203	16,899	14,592	15,194	14,108	13,369	13,175	12,407	13,135	13,423	14,657	14,581	16,438	17,696	25,068	26,487	26,785	22,324	24,653	22,203	868	19,600	23,021	23,896	38,427	6,255	10,646	30,952	30,955	17,406	20,900	19,400	138,100	3,500	2,200	3,400	4,400	5,300	4,600	4,500	5,100	7,400	9,400
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	87,850	84,382	85,320	87,863	96,963	97,195	97,464	90,583	99,213	99,242	94,632	99,948	102,715	-43	85,900	89,353	86,905	45	139,118	133,408	138,124	-12	429,803	616,449	607,902	477,130	483,422	453,405	451,355	458,163	449,647	454,001	416,651	421,733	423,487	441,102	422,023	421,362	310,429	311,009	311,372	309,191	297,007	301,347	297,060	296,964	297,477	297,913	297,032	306,009	308,552	308,896	309,325	307,300	300,889	301,649	302,567	310,177	213,978	214,114	214,674	208,350	203,978	204,785	159,091	159,339	159,151	165,120	95,724	97,921	99,732	102,211	104,130	104,959	108,761	112,359	113,690	113,592	116,649	120,754	121,094	112,503	141,098	139,448	180,981	186,866	190,040	193,938	194,164	161,343	166,008	135,036	135,202	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	62,440	63,594	65,402	74,627	62,244	73,858	97,331	63,772	62,517	60,316	59,621	64,474	72,229	73,192	75,219	68,094	58,775	52,176	43,219	59,014	73,798	43,333	43,713	47,144	47,400	33,426	32,712	42,878	37,187	29,589	28,862	29,517	22,521	24,494	21,678	26,397	31,882	34,093	35,675	34,710	39,468	1,325	1,202	1,304	8,334	10,896	13,880	13,686	13,528	11,711	12,965	8,934	10,408	10,432	14,241	14,982	13,705	14,592	14,032	14,780	15,470	14,756	230	2,404	840	646	3,982	3,595	3,418	5,050	5,996	6,634	4,668	5,566	5,566	3,855	3,826	3,972	4,223	4,051	6,797	7,521	38,012	64,033	4,036	12,300	11,700	11,000	10,900	12,200	13,300	15,739	13,147	13,056	11,526	10,145	10,600	11,600	11,000	11,000	13,300	13,000	13,700	14,300	12,700	14,500	14,900	12,600	13,800	12,500
Other Current Liab	0	124,798	119,650	111,962	99,220	86,713	73,480	129,480	154,208	105,015	156,220	137,342	173,849	91,488	139,073	121,229	110,975	61,405	101,378	104,359	100,386	46,950	105,880	100,351	108,408	39,596	101,529	101,416	116,121	-9,148	105,475	98,254	114,633	129,970	135,065	125,931	140,404	108,158	141,524	142,207	163,864	55,094	57,772	65,962	3,297	3,271	3,340	71,219	3,596	4,101	4,330	54,496	5,556	53,592	46,689	2,825	10,234	52,898	9,859	37,186	10,066	54,615	10,177	50,276	8,641	8,641	8,664	8,889	8,111	8,161	8,161	54,292	52,760	49,202	5,371	5,371	6,508	6,508	6,993	12,838	14,625	15,667	14,805	73,745	17,833	80,239	71,962	66,566	75,467	96,801	88,889	80,465	82,127	95,100	67,070	62,284	15,793	85,600	75,600	50,100	59,100	58,500	57,800	55,500	52,300	46,100	43,600	51,500	45,000	55,400
Other Liab	0	0	0	110,518	99,669	101,784	103,203	110,879	101,984	104,635	104,736	107,128	92,620	100,985	96,950	93,306	73,383	74,595	75,154	77,872	99,717	104,664	105,109	107,013	56,461	55,894	56,185	59,025	62,034	61,582	61,580	62,994	54,767	54,940	56,401	58,342	63,088	56,116	58,088	60,653	65,854	32,451	33,167	34,568	34,600	34,809	36,532	37,540	37,062	40,347	42,558	43,323	52,755	68,454	68,456	68,058	71,958	78,469	80,223	81,063	69,504	51,013	52,389	50,408	58,409	58,274	55,590	50,435	45,901	47,792	50,453	22,206	21,650	23,088	25,623	25,911	28,887	29,850	29,753	26,058	29,688	35,087	34,040	36,224	32,660	33,265	33,850	21,840	21,815	25,408	22,762	10,732	11,251	11,910	4,981	4,951	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	0	0	0	1,422	2,979	3,527	4,046	-1,432	-1,455	-2,132	-2,175	-2,219	-2,276	-1,479	1,500	1,520	400	748	8,932	15,699	45	14,926	15,066	15,144	-150	11,356	11,468	11,453	-437	11,383	11,367	11,382	11,379	11,095	11,410	11,507	-11,655	-8,375	-8,500	-8,626	0	-13,275	-13,481	-13,687	-13,793	145,289	144,770	155,134	166,015	164,648	163,079	162,086	160,701	159,182	158,066	158,225	157,360	-29	454	137,358	135,889	133,571	132,086	130,718	130,197	128,951	127,588	126,447	125,468	123,105	127,051	123,256	228,458	3,586	3,675	910	1,073	1,009	1,207	367	2,500	2,454	2,423	2,732	116,394	116,156	115,987	2,600	115,700	109,868	110,570	209,975	0	185,600	195,825	189,040	189,665	180,300	174,300	171,500	167,900	167,500	164,900	163,500	162,600	160,200	157,100	154,400	151,600	146,000
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
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,838,900	867,746	863,382	852,370	867,267	820,106	0	0	0	0	831,274	841,776	866,232	831,351	829,571	853,555	884,798	890,717	893,949	896,669	579,060	577,285	581,800	582,400	600,200	588,400	621,600	628,000	559,722	570,700	575,100	573,400	583,700	586,400	587,900	579,800	597,200	596,300	607,000	631,500	628,500	268,300	269,100	272,100	272,400	261,600	256,900	256,776	245,265	243,500	239,800	241,400	238,300	246,400	245,600	248,000	249,900	246,400	235,400	234,800	224,900	190,800	185,000	183,200	175,700	164,400	159,100	143,213	141,300	138,800	137,900	115,200	108,394	106,700	105,500	108,900	106,800	105,200	107,700	108,400	109,900	111,800	117,200	120,100	176,600	246,400	255,500	266,400	271,500	276,800	282,500	289,143	269,300	274,600	174,900	178,600	190,300	190,600	192,200	158,300	155,100	156,000	157,500	161,100	166,800	171,400	173,000	173,000	167,600	164,400
Property Plant And Equipment Net	891,217	867,746	863,382	852,370	867,267	820,106	822,337	844,944	860,399	844,819	831,274	841,776	866,232	831,351	829,571	853,555	884,798	890,717	893,949	896,669	579,060	577,285	581,824	582,434	600,240	588,416	621,618	628,047	559,722	570,709	575,063	573,397	583,698	586,361	587,871	579,825	597,150	596,294	606,969	631,513	0	268,337	269,109	272,126	272,368	261,552	256,894	256,776	245,265	243,545	239,799	241,448	238,285	246,391	245,568	247,961	249,915	246,360	235,422	234,806	224,893	190,819	185,036	183,185	175,732	164,449	159,078	143,213	141,311	138,751	137,882	115,178	108,394	106,702	105,528	108,879	106,784	105,156	107,657	108,437	109,946	111,779	117,228	120,072	176,634	246,445	255,531	268,315	271,545	276,837	282,473	289,143	269,333	274,644	174,875	178,591	190,262	190,600	192,200	158,300	155,100	156,000	157,500	161,100	166,800	171,400	173,000	173,000	167,600	164,400
Property Plant Equipment	0	0	0	604,302	610,220	820,106	822,337	844,944	860,399	844,819	831,274	564,965	577,059	562,326	829,571	585,185	615,816	618,126	619,613	623,132	579,060	577,285	581,824	582,434	600,240	588,416	621,618	628,047	559,722	570,709	575,063	573,397	583,698	586,361	587,871	579,825	597,150	596,294	606,969	631,513	651,477	268,337	269,109	272,126	272,368	261,552	256,894	256,776	245,265	243,545	239,799	241,448	238,285	246,391	245,568	247,961	249,915	246,360	235,422	234,806	224,893	190,819	185,036	183,185	175,732	164,449	159,078	143,213	141,311	138,751	137,882	115,178	108,394	106,702	105,528	108,879	106,784	105,156	107,657	108,437	109,946	111,779	117,228	120,072	176,634	246,445	255,531	268,315	271,545	276,837	282,473	289,143	269,333	274,644	174,875	178,591	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	317,087	314,282	310,630	298,686	295,028	301,747	299,719	302,165	290,541	275,392	267,481	257,784	245,506	240,318	227,267	205,698	198,905	200,388	207,630	221,346	247,642	268,121	257,125	245,810	239,993	208,759	338,414	323,630	314,860	307,637	296,610	284,747	280,528	268,875	258,554	243,352	238,117	230,748	218,181	205,388	197,600	213,572	205,491	202,778	196,816	195,155	186,590	182,267	173,236	169,746	160,980	156,435	149,793	143,618	133,510	128,653	126,533	122,628	113,316	111,162	103,456	95,653	85,685	77,070	70,079	60,572	52,561	46,168	40,008	35,194	26,934	25,310	21,050	17,693	10,840	8,188	2,391	-2,134	-9,085	-10,638	-12,362	-8,285	-10,057	-3,940	16,978	74,053	74,639	118,392	123,418	123,364	114,148	108,545	105,146	97,844	95,549	91,929	93,059	90,400	87,000	85,600	87,700	82,600	79,900	74,900	72,000	68,800	67,300	64,800	64,500	61,800
Retained Earnings Total Equity	0	0	0	298,686	295,028	301,747	299,719	302,165	290,541	275,392	267,481	257,784	245,506	240,318	227,267	205,698	198,905	200,388	207,630	221,346	247,642	268,121	257,125	245,810	239,993	208,759	338,414	323,630	314,860	307,637	296,610	284,747	280,528	268,875	258,554	243,352	238,117	230,748	218,181	205,388	0	213,572	205,491	202,778	196,816	195,155	186,590	182,267	173,236	169,746	160,980	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	8,813	8,410	7,644	7,614	6,789	6,759	6,303	5,806	6,334	5,680	5,719	4,996	5,135	5,338	5,489	6,157	6,349	7,044	17,709	18,006	11,423	8,135	7,793	7,628	3,028	19,407	660,258	17,404	17,424	18,998	19,106	19,083	19,003	0	0	0	19,758	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	819,395	832,119	843,453	788,096	809,137	773,706	749,606	720,270	723,161	750,127	838,804	811,089	851,584	861,863	904,824	998,343	1,008,525	1,020,891	1,092,148	698,060	703,024	710,657	740,995	749,951	670,944	660,258	675,665	431,099	494,363	492,505	515,197	494,981	547,882	537,681	535,256	570,268	556,879	583,663	605,080	605,645	141,964	151,968	149,943	170,947	158,245	160,725	138,014	182,825	181,632	179,054	190,218	175,047	174,355	188,288	221,213	203,804	193,015	195,813	219,618	241,274	149,933	150,570	154,448	183,599	181,154	169,420	108,835	128,038	124,149	135,357	65,690	76,521	81,538	86,138	94,794	101,818	106,457	110,097	128,793	145,385	141,393	167,554	220,411	216,533	274,172	297,687	321,133	344,149	330,531	342,010	345,110	335,816	347,326	289,598	289,933	288,249	288,900	290,000	277,200	105,800	96,800	122,300	146,200	161,400	153,700	138,600	159,300	143,900	129,000
Short Term Debt	0	51,782	50,838	51,459	52,242	52,476	52,600	53,181	54,179	52,727	50,439	49,894	50,921	49,043	48,887	48,989	48,789	48,839	59,476	59,431	18,263	8,135	7,793	7,628	9,196	19,407	19,001	17,404	17,424	18,998	19,106	19,083	19,003	21,993	21,669	19,019	19,758	7,349	7,189	7,258	7,345	3,983	3,937	4,067	4,104	7,456	4,328	4,449	52,909	8,350	8,565	8,675	4,161	4,167	12,574	13,086	3,883	3,900	3,883	3,932	3,883	7,976	8,010	10,874	10,567	8,619	8,567	2,494	5,216	5,367	5,462	1,675	1,654	1,624	2,817	2,848	2,827	5,227	4,117	4,177	4,238	18,385	24,538	36,594	28,419	31,924	32,658	25,948	33,704	33,532	34,911	38,478	28,660	26,612	23,588	23,862	20,197	-5,253	0	0	3,000	5,000	21,500	38,500	27,500	24,500	25,000	33,500	30,000	10,000
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	1,656	1,622	1,765	1,705	1,906	1,704	1,565	10,370	10,392	15,207	14,473	21,978	20,780	19,830	20,984	20,628	19,804	17,900	18,100	21,100	20,600	20,300	18,800	18,300	22,200	15,100	16,700	17,600	15,700	15,700
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,355,575	2,333,776	2,326,911	2,296,190	2,306,561	2,341,477	2,322,319	2,264,233	2,206,782	2,242,680	2,209,147	2,275,566	2,277,391	2,321,559	2,296,549	2,314,215	2,275,609	2,334,546	2,291,964	2,359,496	1,971,912	2,054,041	2,010,812	2,016,937	2,055,797	2,033,774	2,198,535	2,180,615	1,930,336	1,993,879	1,923,863	1,920,784	1,925,448	1,966,353	1,932,992	1,915,795	1,932,282	1,991,269	1,989,234	1,972,447	1,983,700	797,689	792,291	789,667	794,561	784,013	784,346	763,473	788,488	796,126	783,094	751,396	763,498	773,970	756,330	753,481	765,838	765,592	745,154	723,932	739,390	633,810	627,840	610,137	598,072	597,922	575,132	487,499	495,799	494,605	489,600	378,597	378,872	378,101	377,402	384,457	381,240	379,401	387,003	392,511	415,807	427,167	477,427	556,306	567,284	687,354	695,091	746,540	797,129	818,958	815,369	810,845	814,466	823,177	580,889	570,573	579,635	596,000	585,000	523,400	388,500	385,400	397,200	406,100	409,300	412,800	390,000	403,700	393,200	397,800
Total Current Assets	1,077,489	1,088,054	1,085,357	1,068,879	1,066,411	1,146,476	1,121,610	1,031,891	957,193	1,007,230	992,920	1,039,004	1,014,740	1,095,502	1,058,675	1,048,256	996,682	1,048,543	998,496	1,052,823	1,001,096	1,028,763	985,773	985,166	1,004,286	1,015,555	960,468	944,666	893,484	939,748	895,395	896,032	883,587	930,345	891,120	919,319	913,399	971,488	941,163	918,911	923,000	218,923	212,173	206,169	213,002	225,454	226,105	209,637	246,259	255,104	245,382	212,916	219,204	219,027	201,866	196,195	208,623	218,343	208,083	186,559	204,320	229,013	228,690	212,278	213,990	229,495	211,269	185,195	195,149	196,703	186,598	167,695	172,557	171,667	169,663	171,448	169,497	165,484	166,987	170,384	192,269	198,739	239,445	315,140	278,147	299,811	300,112	297,244	338,718	352,081	338,958	327,538	383,790	382,525	270,978	256,780	269,194	290,100	274,400	219,000	227,900	223,400	232,500	236,800	234,400	234,000	209,700	222,800	217,500	223,300
Total Current Liabilities	659,896	682,366	670,532	634,224	704,970	702,622	704,288	661,625	655,838	702,045	648,547	629,008	689,554	694,582	677,372	679,382	565,134	610,969	567,750	555,105	476,451	518,118	478,373	464,513	494,581	559,990	514,806	489,502	505,977	525,072	463,665	450,777	487,324	517,781	507,453	494,843	480,199	549,773	524,305	498,586	524,800	198,876	191,389	192,990	177,086	183,959	187,037	184,953	215,871	184,499	187,748	165,616	181,148	191,502	181,127	180,456	177,773	191,279	178,743	165,590	161,185	190,278	196,745	191,779	166,229	177,464	178,414	157,982	161,876	170,008	161,354	146,959	143,165	139,513	140,083	141,190	133,889	133,512	143,563	136,170	143,372	163,418	196,648	226,633	214,393	222,027	205,699	183,533	218,445	256,764	250,840	258,474	267,491	267,710	174,370	168,332	178,397	186,900	174,900	118,100	150,200	163,600	168,200	175,700	155,300	165,700	158,500	163,100	167,900	169,700
Total Liab	1,577,393	1,556,509	1,558,514	1,536,736	1,540,493	1,561,067	1,528,597	1,468,929	1,423,913	1,477,114	1,452,971	1,525,046	1,542,342	1,598,108	1,587,298	1,628,523	1,588,071	1,645,250	1,604,319	1,665,694	1,255,965	1,317,671	1,286,346	1,304,893	1,333,847	1,327,818	1,349,467	1,339,162	1,104,929	1,178,296	1,119,996	1,129,302	1,134,669	1,187,758	1,167,182	1,159,188	1,185,029	1,247,021	1,256,405	1,252,872	1,276,800	450,141	453,813	454,012	465,218	457,362	466,779	439,865	461,588	474,713	472,119	445,891	466,991	484,607	478,053	479,576	495,929	501,221	490,600	489,563	501,234	405,775	411,258	403,491	397,670	408,273	394,857	314,758	330,599	336,582	341,702	233,180	239,682	242,515	249,027	259,047	261,767	264,592	279,296	286,844	314,207	321,513	373,704	446,674	435,167	500,388	508,142	515,048	561,250	588,419	592,941	592,432	598,229	612,958	450,573	444,566	453,878	474,200	466,000	402,300	265,400	264,100	277,600	291,900	296,900	302,700	279,800	296,500	286,800	293,800
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	778,182	777,267	768,397	759,454	766,068	780,410	793,722	795,304	782,869	765,566	756,176	750,520	735,049	723,451	709,251	685,692	687,538	689,296	687,645	693,802	715,947	736,370	724,466	712,044	721,950	705,956	849,068	841,453	825,407	815,583	803,867	791,482	790,779	778,595	765,810	756,607	747,253	744,248	732,829	719,575	706,873	347,548	338,478	335,655	329,343	326,651	317,567	323,608	326,900	321,413	310,975	305,505	296,507	289,363	278,277	273,905	269,909	264,371	254,554	234,369	238,156	228,035	216,582	206,646	200,402	189,649	180,275	172,741	165,200	158,023	147,898	145,417	139,190	135,586	128,375	125,410	119,473	114,809	107,707	105,667	101,600	105,654	103,723	109,632	132,117	186,966	186,949	231,492	235,879	230,539	222,428	218,413	216,237	210,219	130,316	126,007	125,757	121,800	119,000	121,100	123,200	121,200	119,600	114,200	112,400	110,100	110,200	107,300	106,300	104,000
Treasury 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
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

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
Begin Period Cash Flow	29,086	10,666	19,903	24,172	18,585	15,667	24,351	22,719	6,443	9,216	6,100	26,476	43,824	9,170	6,519	19,867	12,063	7,655	14,880	13,252	2,318	27,954	21,577	36,422	28,756	37,027	34,199	39,796
Capital Expenditures	117,210	97,280	79,427	67,298	74,815	71,495	70,906	73,429	79,394	90,012	37,200	42,012	42,518	33,029	50,472	57,249	40,076	28,365	29,497	25,354	11,539	12,196	35,235	36,527	14,843	16,419	23,997	46,238
Cash And Cash Equivalents Changes	0	18,420	-9,237	-4,269	5,801	2,918	-8,684	1,632	16,276	-2,773	0	-20,379	-17,348	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	7	52,878	85,062	1,542	65,117	166,812	43,741	72,376	72,412	0	36,367	14,675	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-11,532	18,420	-9,237	-4,269	5,587	2,918	-8,684	1,632	16,276	-2,773	3,100	-20,379	-17,348	34,654	2,651	-13,348	7,804	4,408	-7,225	1,628	10,361	-4,648	-7,674	-8,861	7,666	7,086	2,828	-5,597
Change In Working Capital	4,455	-85,677	-51,274	100,052	46,893	-1,838	-140,965	-27,606	54,325	-28,386	385,000	-13,111	-6,116	-6,212	1,863	-7,540	-12,605	-4,695	2,773	10,511	-263	15,099	-24,280	-6,537	6,660	8,456	-2,012	-16,245
Change Receivables	0	-38,168	-4,005	-12,936	2,025	-1,177	-25,276	30,537	-33,063	-517	0	-1,941	-2,309	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	6,903	-38,168	-4,005	-12,936	2,025	-1,177	-25,276	30,537	-33,063	-517	40,292	-1,941	-2,309	-1,855	-2,487	3,294	-16,866	-561	-1,871	-4,590	3,422	5,660	2,909	13,382	-3,823	-5,800	-3,100	1,400
Change To Inventory	15,664	-92,346	320	-7,030	40,971	38,213	-48,478	-18,456	59,473	6,004	30,791	-23,750	2,635	17,885	-3,702	4,130	-117	-4,845	96	91	8,501	-2,838	-448	8,800	5,092	14,695	-7,497	-6,549
Change To Liabilities	0	40,154	-28,597	127,742	19,649	-32,407	-58,793	5,406	27,447	-51,320	0	1,130	10,730	0	0	0	15,520	0	0	13,937	0	0	0	0	3,525	0	0	0
Change To Netincome	0	72,005	-5,307	24,002	25,194	17,438	-65,949	13,375	7,611	23,822	0	4,948	31,160	0	0	0	0	0	0	0	0	6,336	0	0	0	0	0	0
Change To Operating Activities	0	12,110	-46,778	54,821	-11,044	-19,554	-41,193	-59,404	-622	-8,797	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	97,151	94,180	92,711	89,876	90,597	84,190	84,390	79,183	84,905	88,475	37,300	38,854	36,767	35,273	34,895	28,919	24,421	22,153	21,392	22,582	28,433	30,262	48,551	39,445	32,063	21,413	21,639	20,175
Dividends Paid	29,631	29,708	28,327	34,509	20,709	25,923	24,704	22,496	20,299	18,090	5,900	6,899	5,926	4,525	4,483	4,428	4,371	4,302	1,050	0	0	0	0	125	503	556	587	606
End Period Cash Flow	17,554	29,086	10,666	19,903	24,172	18,585	15,667	24,351	22,719	6,443	9,200	6,097	26,476	43,824	9,170	6,519	19,867	12,063	7,655	14,880	12,679	23,306	13,903	27,561	36,422	44,112	37,027	34,199
Exchange Rate Changes	0	0	0	0	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	95,680	13,070	81,728	239,418	105,377	100,163	-18,063	81,095	140,095	49,061	27,100	17,329	51,216	56,727	41,230	22,788	30,988	31,805	21,207	35,276	16,027	41,740	-1,027	21,754	39,731	33,573	5,615	-29,830
Investments	-136,995	-100,948	-47,978	-57,221	-143,172	-64,156	-315,393	-68,227	283	-2,776	0	0	-478	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
Net Borrowings	0	86,240	-80,538	-200,656	44,551	-57,031	313,699	-55,387	-83,366	-38,704	0	-8,630	-50,318	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	42,582	34,518	73,751	75,914	5,917	33,791	-52,617	57,056	63,166	59,120	700	27,842	31,870	32,539	25,933	36,957	34,306	25,160	18,172	19,863	-5,920	-33,987	9,847	23,442	17,194	20,497	14,234	9,703
Other Cashflows From Financing Activities	-25,209	1,460,478	-262	-453	1,235,892	-2,217	-256	-2,060	-1,536	1,062,002	55,178	511,725	-67,206	143,740	505,224	68,419	25,576	21,464	-29,778	-37,966	-6,922	-48,189	-26,383	50,476	-3,123	49,015	14,213	55,774
Other Cashflows From Investing Activities	0	-3,668	37,813	10,077	-68,357	7,339	-244,487	5,202	-15,906	11,101	677	-11,044	-804	1,156	0	14,696	4,021	2,864	1,515	3,570	1,256	1,135	21,070	0	72,516	0	0	0
Other Non Cash Items	34,833	57,561	21,496	32,118	31,733	40,462	232,345	31,194	7,341	9,388	27,500	5,815	8,304	3,129	12,354	-1,320	3,702	2,872	-1,310	-752	8,518	543	-3,715	-799	-4,046	-1,001	-3,667	-1,260
Sale Purchase Of Stock	-27,732	-32,494	-5,325	-10,000	181	-20,000	-34,995	-9,000	-9,000	-4,987	300	-11,381	-12,381	300	200	1,400	700	0	900	700	0	700	-33	-2,569	-8,814	-10,359	-10,119	-8,325
Stock Based Compensation	11,341	8,353	6,868	6,299	7,312	7,646	9,611	7,936	7,240	6,939	0	4,062	5,048	5,372	4,627	4,878	3,013	1,906	0	0	0	76,149	0	0	0	0	0	0
Total Cash From Financing Activities	-25,209	9,018	-122,414	-253,764	-31,219	-104,300	254,003	-83,927	-107,696	-59,962	-4,100	-26,213	-67,206	-19,369	-27,896	52,554	21,940	20,370	-29,946	-37,218	-6,922	-47,523	-25,610	48,483	-8,507	27,435	-23,557	13,803
Total Cash From Operating Activities	95,680	110,350	161,155	306,716	180,192	171,658	52,843	154,524	219,489	139,073	64,300	59,341	93,734	89,756	91,702	80,037	71,064	60,170	50,704	60,630	27,566	53,936	34,208	58,281	54,574	49,991	29,612	16,407
Total Cashflows From Investing Activities	0	-100,948	-47,978	-57,221	-143,172	-64,156	-315,393	-68,227	523	-81,687	0	-53,056	-43,800	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
Begin Period Cash Flow	17,554	16,910	16,965	29,086	18,964	21,217	16,330	10,666	24,645	24,136	23,292	19,903	26,903	34,645	21,255	24,172	23,436	19,949	21,360	18,585	20,673	15,913	17,200	15,667	13,154	22,726	19,516	24,351	26,398	23,800	28,687	22,719	8,510	13,100	8,475	6,443	8,048	6,420	15,100	9,216	5,500	4,163	6,097	8,960	7,491	6,093	26,476	55,059	62,080	37,713	43,824	25,267	25,124	6,441	9,170	7,180	6,746	7,802	6,519	9,650	28,477	30,616	19,867	11,396	12,308	14,690	12,063	13,160	10,221	9,918	7,655	11,782	13,494	13,367	14,880	14,576	13,450	12,236	11,805	19,083	15,121	18,492	32,132	19,041	17,673	7,346	13,903	12,622	32,004	24,499	27,834	64,025	69,632	48,071	36,422	42,822	55,500	47,700	28,800	35,900	34,300	46,300	37,000	25,100	35,100	31,000	34,200	33,800	33,500	26,400
Capital Expenditures	34,118	25,388	21,960	38,864	30,998	19,851	16,493	29,938	24,470	15,119	17,714	22,124	21,418	15,271	12,716	56,922	27,910	15,134	15,765	16,006	18,895	18,004	34,596	21,041	15,614	17,503	18,313	19,476	16,214	15,879	23,246	18,090	22,532	19,676	24,462	12,724	32,401	19,991	37,620	22,839	16,694	7,453	9,241	8,080	12,926	14,462	6,544	9,602	12,033	11,215	9,668	7,611	10,426	8,676	6,316	12,849	14,916	12,125	10,582	14,692	17,680	10,583	14,294	9,995	14,077	7,774	8,230	7,951	8,340	5,264	6,810	12,522	7,824	5,664	3,487	7,583	9,561	3,693	4,517	3,924	3,442	2,387	1,786	1,412	9,213	2,044	2,351	8,613	11,292	9,453	5,877	21,802	7,487	4,572	2,666	603	5,700	4,700	3,800	3,200	6,300	4,000	2,900	2,700	6,100	8,000	7,200	10,200	11,200	10,600
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,382	-1,934	-2,863	23,250	0	-20,383	-28,583	-7,021	24,367	-6,111	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	11,109	5,600	14,071	44,032	0	-10,868	-1,216	3,021	9,527	3,343	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	0	0	0	0	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	410	644	-55	-12,121	10,122	-2,253	4,887	5,664	-13,979	509	844	3,389	-7,000	-7,742	13,390	-2,917	736	3,487	-1,411	2,775	-2,088	4,760	-1,300	1,500	2,513	-9,572	3,210	-4,835	-2,047	2,600	-4,871	5,968	14,209	-4,500	4,610	2,032	-1,605	1,628	18,292	5,848	3,700	1,382	-1,934	-2,863	1,469	1,398	-20,383	-28,583	-7,021	24,367	-6,111	18,557	143	18,683	-2,729	1,990	434	-1,056	1,283	-3,131	-18,827	-2,139	10,749	8,471	-912	-2,382	2,627	-1,097	2,939	303	2,263	-4,127	-1,712	127	-1,513	304	1,126	1,214	431	-6,404	3,962	-3,371	-13,640	4,265	1,368	10,327	-6,557	1,281	-19,382	7,505	-3,335	-36,464	-5,607	21,561	11,649	-6,400	-12,700	7,900	3,500	11,100	1,600	-12,000	9,300	9,200	-10,000	4,100	-3,200	400	300	7,100
Change In Working Capital	-40,381	4,740	8,704	-78,148	69,159	-63,141	-28,950	-62,745	-43,912	27,002	62,430	-96,794	35,190	-23,595	21,250	67,207	10,324	4,798	56,609	-24,838	-8,667	-2,608	-13,300	2,561	-58,668	-13,095	950	-70,152	29,205	-17,100	2,087	-49,076	57,710	28,900	35,052	-3,812	-19,757	16,280	-3,400	-14,212	378,200	-284	-10,662	18,628	13,092	-3,871	-40,960	17,108	-14,579	7,140	-15,785	5,381	-7,130	7,942	-12,405	11,356	-3,805	-275	-5,413	16,948	-6,693	-13,979	-3,816	27,442	-5,286	-27,533	-7,228	10,134	-4,819	-3,991	-6,019	8,771	-2,068	-4,745	815	2,609	521	-6,866	14,247	2,130	3,209	-3,421	-2,181	-40,321	18,354	28,467	8,599	17,565	-32,001	842	-10,686	812	-10,241	-1,178	4,070	4,996	-2,300	-12,400	3,700	-1,400	23,200	17,900	-4,500	3,200	-18,000	10,800	17,100	-8,500	10,100	200
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	987	784	-10,287	13,672	0	-2,663	-1,891	3,254	2,281	-5,953	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,843	-2,908	-15,111	-5,052	29,974	-18,614	-15,848	-33,680	10,290	-1,673	-23,699	11,077	29,896	-12,256	43,278	-75,879	28,722	-11,217	11,589	-27,069	16,675	-8,594	-9,258	14,703	19,461	-18,833	-7,025	-18,879	36,165	-15,308	-5,814	15,494	5,151	-21,801	13,792	-30,205	18,112	28,549	-47,178	-24,229	-1,771	987	784	-10,287	9,534	1,475	-2,663	-1,891	3,254	2,281	-5,953	-7,472	5,942	-1,215	890	-2,503	2,222	-271	-1,935	3,294	7,813	2,830	-2,520	-16,866	2,841	-8,886	-3,993	-561	3,513	3,471	-6,042	-1,871	2,332	3,333	-2,382	-4,590	595	-220	-2,910	3,422	957	1,807	-2,968	5,660	9,628	771	750	8,554	4,736	-13,313	-9,902	13,382	6,040	-8,500	-612	7,877	-5,500	5,300	-11,500	-4,900	3,600	-3,000	-1,500	-3,300	4,700	-5,200	700	-2,900	9,600	500
Change To Inventory	10,763	-7,375	-16,244	-9,069	48,352	-46,779	-49,733	-44,186	19,588	-17,731	60,898	-62,435	45,548	-34,360	-37,175	-22,014	51,784	-23,568	23,541	-10,786	36,115	-30,543	32,641	17,950	964	-36,678	-16,477	3,713	25,659	-25,755	-4,351	-14,009	55,298	-21,408	13,088	12,495	35,586	-49,887	20,305	29,511	17,654	-6,421	-11,233	9,871	4,013	-4,187	-33,447	22,390	-755	10,320	-29,320	31,056	-2,062	-1,078	-10,031	18,205	7,210	-10,071	-19,046	18,599	14,713	-10,270	-18,912	18,683	8,029	-17,766	-9,063	11,309	3,269	-12,322	-7,101	8,112	-5,460	-5,394	2,838	-1,030	-3,964	-292	5,377	1,766	1,295	-503	5,943	-16,106	18,557	11,119	-16,408	28,618	-16,857	-1,556	-10,653	23,938	-9,919	-5,019	-200	2,508	14,600	-12,800	-28,000	4,900	-5,900	-800	12,300	12,200	-7,400	-21,300	9,000	2,500	-3,600	-9,600
Change To Liabilities	0	0	0	5,136	-26,613	-13,192	24,842	43,032	-37,939	10,305	5,234	-15,539	-50,878	11,118	-17,211	122,168	-69,876	47,601	17,139	20,077	-53,848	45,880	8,216	-18,606	-24,477	45,211	23,790	-53,968	21,946	61,681	12,033	-42,282	28,347	0	0	0	-29,231	0	0	0	0	4,105	-1,117	14,037	-12,791	0	-58	8,416	-15,113	-4,853	22,280	0	0	0	0	0	11,420	26,798	14,051	0	0	14,108	19,559	15,520	0	0	10,193	0	0	0	0	0	0	0	0	13,937	0	0	0	0	0	0	0	0	0	0	0	0	0	8,897	1,736	0	3,631	6,965	6,019	3,525	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	0	34,358	11,181	10,779	20,416	-9,319	-33,856	70,328	18,626	17,409	16,292	7,895	-1,340	18,027	3,340	10,622	19,383	3,401	32,004	3,536	-1	19,911	162,126	149,834	6,216	19,076	46,232	-1,495	8,347	23,960	19,130	0	0	0	24,346	0	4,209	0	0	129	3,703	-5,546	-2,740	0	6,617	6,467	6,925	9,953	7,815	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6,851	0	0	0	0	0	0	6,336	1,375	0	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	0	0	-51,651	12,438	8,293	12,737	-21,358	31,000	25,023	12,125	-37,148	10,624	11,903	32,358	-64	-306	-8,018	4,340	-7,060	-7,609	-9,170	7,837	-11,574	-42,734	-2,897	574	-1,056	-59,817	-32,908	-1,273	-8,520	-622	0	0	0	-8,797	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	23,394	23,042	22,458	29,745	21,906	21,833	21,968	28,473	21,451	21,763	21,406	28,091	20,892	20,858	20,097	62,568	21,009	21,092	21,864	27,401	19,733	19,580	19,300	25,569	18,024	20,004	20,512	25,850	18,747	18,400	18,145	23,895	18,953	20,100	19,746	26,168	20,432	20,341	9,492	27,976	18,400	9,506	9,424	9,420	11,870	8,549	9,015	8,595	11,408	8,405	8,359	8,229	11,094	8,086	7,864	7,987	10,676	8,146	8,086	7,738	8,662	6,553	5,966	5,507	7,994	5,757	5,163	5,441	6,422	5,096	5,194	4,702	6,536	4,936	5,218	4,955	6,781	5,167	5,679	6,348	8,677	6,654	6,754	-3,974	13,501	10,367	10,368	12,155	13,971	11,437	10,988	10,746	12,805	8,556	7,338	6,252	11,600	7,700	6,500	5,300	6,700	4,900	4,500	5,200	6,600	5,000	4,800	5,100	6,100	4,600
Dividends Paid	7,279	7,264	7,297	7,820	7,250	7,293	7,451	7,714	6,983	7,070	7,155	7,119	6,873	6,865	6,867	6,805	0	6,905	6,902	6,902	6,471	6,469	6,500	6,526	6,055	6,149	6,245	6,255	5,623	5,600	5,621	5,632	5,076	5,000	5,059	5,092	4,502	4,529	4,600	4,533	3,900	1,970	1,970	1,740	3,479	1,680	1,680	1,469	2,974	1	1,484	1,131	2,264	1,130	1,130	1,116	2,246	1,121	1,121	1,111	2,212	1,105	1,105	1,095	1,095	1,091	1,090	1,083	2,154	1,065	1,065	1,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	125	0	0	0	125	125	125	125	124	100	200	100	200	100	200	100	200	100	100	200	100	200	100
End Period Cash Flow	17,964	17,554	16,910	16,965	29,086	18,964	21,217	16,330	10,666	24,645	24,136	23,292	19,903	26,903	34,645	21,255	24,172	23,436	19,949	21,360	18,585	20,673	15,900	17,167	15,667	13,154	22,726	19,516	24,351	26,400	23,816	28,687	22,719	8,600	13,085	8,475	6,443	8,048	18,292	15,064	9,200	5,545	4,163	6,097	8,960	7,491	6,093	26,476	55,059	62,080	37,713	43,824	25,267	25,124	6,441	9,170	7,180	6,746	7,802	6,519	9,650	28,477	30,616	19,867	11,396	12,308	14,690	12,063	13,160	10,221	9,918	7,655	11,782	13,494	13,367	14,880	14,576	13,450	12,236	12,679	19,083	15,121	18,492	23,306	19,041	17,673	7,346	13,903	12,622	32,004	24,499	27,561	64,025	69,632	48,071	36,422	42,800	55,600	32,300	47,000	35,900	34,300	46,300	34,300	25,100	35,100	31,000	34,200	33,800	33,500
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-40,471	46,024	30,404	-41,572	71,898	-40,916	2,056	-19,968	-7,268	55,252	87,646	-31,778	61,466	10,313	56,236	129,296	12,248	21,064	74,508	-2,487	10,167	20,150	9,304	39,340	-34,334	15,632	30,335	-29,767	59,737	7,921	22,866	-9,537	65,708	-13,076	50,640	36,217	-10,713	33,328	18,292	9,756	17,200	11,962	-1,824	23,865	13,475	5,720	-25,796	33,159	-3,315	24,526	-2,946	19,695	6,565	24,975	4,697	23,937	-1,454	13,090	5,071	20,454	3,921	-2,144	557	38,935	4,951	-13,777	879	17,684	3,370	9,866	885	8,975	1,570	4,058	6,604	9,269	3,994	3,517	18,496	4,660	11,155	895	-683	-16,059	8,860	31,760	17,179	19,256	-31,260	10,894	83	-3,400	4,081	8,869	12,204	16,180	1,300	10,300	12,000	-500	-5,000	14,800	28,200	22,200	-20,400	-13,900	15,000	-16,800	-13,800	2,300
Investments	-34,514	-24,946	-17,781	-39,276	-54,992	4,751	-23,762	-26,945	-23,927	-14,013	-14,295	4,257	-21,685	-13,692	-7,893	-13,951	-25,527	-15,036	-15,384	-87,225	0	0	0	-36	-6,380	-208	353	754	221	-1,321	534	522	283	0	0	0	-2,776	0	0	0	0	0	0	0	0	0	0	-478	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Borrowings	0	0	0	53,146	-17,670	38,229	24,180	34,652	85,982	37,609	-77,678	40,069	-60,833	-12,744	-40,645	-92,944	-13,737	-10,505	-69,246	70,384	-4,229	-9,523	-31,299	-9,763	313,955	7,469	-15,791	244,168	-52,889	1,391	-22,904	24,177	-80,522	0	0	0	-37,834	0	0	0	0	-10,004	1,997	-24,997	-19,107	0	17,737	-47,131	-1,366	-806	-1,015	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	10,305	11,127	19,468	11,337	650	9,464	5,115	19,289	22,245	15,176	16,814	19,516	12,093	19,952	28,467	15,402	5,473	-310	-6,767	7,521	-14,027	17,545	17,800	12,435	34,710	-123,452	21,060	15,065	12,806	16,600	17,560	9,960	17,164	15,400	20,307	10,447	12,037	17,169	7,992	12,519	-14,000	10,115	4,784	7,939	3,472	10,355	6,076	10,477	4,988	10,270	6,135	7,649	7,470	11,345	6,075	3,331	5,261	10,497	6,844	7,055	8,911	11,792	9,199	8,086	10,602	9,102	6,516	7,243	5,894	9,405	2,618	5,310	3,357	6,690	2,815	5,272	6,087	6,951	1,553	-1,491	-84	1,772	-6,117	67,427	-57,075	-586	-43,753	-5,026	54	9,216	5,603	3,399	7,303	8,995	3,745	5,088	6,800	5,100	4,900	-1,600	6,900	4,100	5,300	4,200	4,400	2,800	2,800	700	3,700	2,500
Other Cashflows From Financing Activities	0	-24,946	-124	455,153	407,359	336,674	293,589	416,283	327,422	293,026	264,089	30,910	393,247	314,066	343,494	-118,262	294,722	299,161	187,355	454,654	310,157	278,829	-31,278	-7	301,836	-4	-36	652,957	326,596	3,326	262,107	24	304,242	7,789	259,160	268,245	273,090	7	-21,422	8	9,524	102,455	133,423	126,256	192,956	118,846	-1,061	109	473	587	581	-1,933	17,574	26,923	98,872	506,210	11,103	-10,283	-1,806	-20,101	80,323	-934	-2,306	-30,213	-2,868	9,932	48,725	-19,940	3,889	-11,354	48,869	-12,971	-5,110	-4,110	-8,637	-10,434	-5,192	-3,644	-18,696	2,478	-591	4,289	-13,098	61,479	-58,946	-26,299	-24,423	-19,809	13,327	-11,480	-3,099	5,935	-11,508	56,384	-335	1,640	-1,800	-1,000	-1,909	74,200	10,600	-25,500	-23,900	-17,700	7,600	15,200	-21,400	15,900	12,100	5,500
Other Cashflows From Investing Activities	0	0	0	-892	-72	-211	-130	-26,945	37,837	-24,035	-5,019	-8	-4	-5	-6	-1	-517	-430	-18	-71,219	-541	-2	-1	-6	-15,192	4,548	4,583	1,178	5,202	4,679	5,808	5,164	26,134	8,135	4,834	8,201	8,325	3,249	1,173	776	677	-704	-11	-103	-10,837	2,652	-52	-742	494	160	-716	1,156	0	15	16	0	0	115	75	14,696	14,612	14,194	12,931	4,021	3,451	2,869	3	2,864	713	135	14	1,515	2,210	394	302	3,570	2,627	377	171	1,256	547	412	141	1,135	56,335	5,119	422	21,070	674	0	0	0	1,268	250	0	72,516	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	1,271	5,857	1,820	14,446	13,684	13,271	20,652	9,954	6,894	6,254	6,091	-51,294	9,148	7,320	2,402	113,894	3,300	14,225	19,739	-6,344	33,594	357	14,033	7,204	3,860	225,398	141	2,875	6,791	10,457	5,341	15,934	-4,254	-61,008	883	7,362	8,157	-882	-18,292	-383	24,000	237	1,599	3,354	-645	1,652	1,389	1,172	3,852	1,772	1,716	960	-3,678	1,612	3,440	12,247	-4,133	2,459	1,195	-938	1,274	1,218	-1,616	630	1,708	1,191	245	-3,036	2,482	458	4,107	-298	-310	-749	47	2,486	-2,171	-1,767	700	715	5,919	-764	2,648	-38,606	69,180	-2,758	48,876	203	-3,360	-1,020	462	463	1,701	-2,932	24	-2,525	-9,000	14,600	900	-1,900	-33,600	-8,300	25,800	13,100	-7,300	-24,600	-2,600	-7,800	-22,500	5,500
Sale Purchase Of Stock	0	0	-7,617	-10,910	-9,205	-16,716	0	0	0	0	0	0	0	0	-10,181	10,181	0	0	0	181	284	0	0	-20,000	-12,495	-14,627	-7,873	3,200	0	0	100	-9,000	7,800	1,200	-6,474	-2,526	-2,495	228,273	100	320,864	100	200	-45	11,381	100	-526	-10,855	-8,959	82	600	-142	1,955	0	100	-142	0	200	0	600	600	500	0	300	0	100	200	400	0	1,400	1,100	400	600	0	100	200	100	0	100	500	0	0	0	0	0	300	100	300	-2,536	100	0	-33	-1,272	-1,284	-1	-12	-606	-2,700	-2,200	-737	-400	-4,900	-2,300	200	-2,300	-1,900	-2,800	300	400	-1,300	-2,200
Stock Based Compensation	2,308	2,348	2,465	5,147	1,381	1,280	1,397	4,295	891	920	872	0	1,020	1,033	1,904	0	577	637	715	5,383	606	773	6,267	5,290	1,018	1,102	1,139	6,352	926	943	1,043	5,024	770	808	909	4,753	922	953	808	3,929	0	748	1,042	812	968	916	1,366	1,064	1,304	959	1,721	1,796	1,431	1,039	1,106	830	1,391	1,052	1,354	4,878	-2,077	-273	1,092	3,013	2,548	-3,216	596	1,906	-880	-709	450	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Cash From Financing Activities	41,277	-20,434	-34,638	29,863	-37,782	14,061	10,100	22,639	-7,254	-55,849	-90,221	30,910	-68,199	-19,634	-47,669	-118,262	-13,834	-17,652	-76,300	76,567	-12,527	-16,002	-37,900	-37,863	59,559	-13,352	-30,501	238,297	-61,983	-4,200	-28,264	10,505	-60,210	5,200	-10,434	-42,291	3,950	-33,776	-25,600	-4,450	5,600	-9,876	157	-26,625	1,973	-7,026	5,465	-60,522	-4,222	-211	-2,251	-1,933	-3,703	-6,291	-7,442	-20,476	7,653	-11,210	-3,863	-22,056	78,607	-869	-3,128	-31,302	-3,809	9,064	47,987	-20,759	3,215	-10,327	48,241	-12,406	-5,098	-4,023	-8,419	-10,322	-5,118	-3,542	-18,236	2,478	-591	4,289	-13,098	61,473	-58,708	-26,130	-24,158	-25,109	13,353	-11,457	-2,397	4,663	-12,792	56,383	229	1,550	-4,600	-3,400	-2,100	73,600	5,600	-28,000	-23,800	-20,200	5,600	12,300	-21,300	16,200	10,600	3,200
Total Cash From Operating Activities	-6,353	46,024	52,364	-2,708	102,896	-21,065	18,549	9,970	17,202	70,371	105,360	-31,778	82,884	25,584	68,952	129,296	40,158	36,198	90,273	13,519	29,062	38,154	43,900	60,381	-18,720	33,135	48,648	-10,291	75,951	23,800	46,112	8,553	88,240	6,600	75,102	48,941	21,688	53,319	18,292	32,595	37,700	19,415	7,417	31,945	26,401	20,182	-19,252	42,761	8,718	35,741	6,722	27,306	16,991	33,651	11,013	36,786	13,462	25,215	15,653	35,146	21,601	8,439	14,851	48,930	19,028	-6,003	9,109	25,635	11,710	15,130	7,695	21,497	9,394	9,722	10,091	16,852	13,555	7,210	23,013	8,584	14,597	3,282	1,103	-17,471	18,073	33,804	19,530	27,869	-19,968	20,347	5,960	18,402	11,568	13,441	14,870	16,783	7,000	15,000	15,800	2,700	1,300	18,800	31,100	24,900	-14,300	-5,900	22,200	-6,600	-2,600	12,900
Total Cashflows From Investing Activities	0	0	0	-39,276	-54,992	4,751	-23,762	-26,945	-23,927	-14,013	-5,019	4,257	-21,685	-13,692	-7,893	-13,951	-25,527	-15,036	-15,384	-87,225	-18,623	-17,392	-7,208	-20,933	-315,393	-277,156	-247,801	-232,893	-68,227	-52,536	-35,528	-12,926	-94,777	-71,497	-54,606	-4,523	-81,687	-54,362	-36,447	-22,063	0	-8,157	-9,252	-8,183	-31,681	0	-6,596	-10,822	-11,539	-11,055	-10,384	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42,727	724	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
Cost Of Revenue	6,337,449	8,145,625	7,527,160	7,923,520	7,292,235	6,954,146	6,983,173	6,623,106	6,536,291	6,759,988	2,110,400	2,062,616	2,078,116	1,976,549	1,993,306	2,040,625	1,981,854	1,903,258	1,657,742	1,656,516	1,676,361	1,774,350	2,904,865	2,921,137	2,611,427	2,397,818	2,234,165	2,238,364
Depreciation And Amortization	0	94,180	92,711	89,876	90,597	84,190	84,390	79,183	84,905	86,994	37,300	39,081	36,794	35,158	34,640	28,919	24,421	22,153	21,392	22,582	28,433	30,262	48,551	39,445	32,063	21,413	21,639	20,175
Discontinued Operations	0	0	0	0	-175	-219	-228	-228	-456	-524	0	-432	-112	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	83,170	-23,326	23,391	38,725	-37,658	29,474	46,282	69,184	55,580	133,704	-7,700	63,209	66,460	68,498	64,818	72,744	61,335	55,244	36,783	37,134	21,440	-34,915	35,941	60,920	42,494	42,478	29,853	20,241
Ebitda	83,170	70,854	116,102	128,601	52,939	113,664	130,672	148,367	140,485	220,698	29,600	102,290	103,254	103,656	99,458	101,663	85,756	77,397	58,175	59,716	49,873	-4,653	84,492	100,365	74,557	63,891	51,492	40,416
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
Extraordinary Items	0	0	0	0	-175	275	25,764	-228	-456	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	1,146,587	1,497,475	1,403,879	1,424,965	1,243,830	1,110,406	1,144,909	1,111,494	1,115,682	1,156,074	486,800	545,544	556,110	556,515	558,650	536,113	494,968	467,170	382,184	386,671	378,616	373,717	596,288	584,786	438,855	273,881	255,085	236,661
Income Before Tax	55,462	46,915	98,657	85,364	3,575	40,698	-131,644	89,963	100,259	90,449	2,100	43,267	51,556	52,959	42,408	62,087	50,776	39,323	30,669	28,545	-9,107	-52,074	16,948	36,960	27,501	24,978	22,243	15,384
Income Tax Expense	13,530	12,397	24,906	9,450	-2,342	6,907	-79,027	32,907	37,093	31,329	800	15,425	19,686	20,420	16,475	25,130	18,265	13,748	10,307	8,682	-3,187	-18,087	5,610	13,925	10,307	9,148	8,009	5,681
Interest Expense	30,218	22,791	13,851	18,418	34,548	30,483	25,343	19,082	21,820	24,414	0	13,306	15,037	15,104	16,394	10,998	9,051	12,519	8,304	9,626	21,669	17,294	23,251	25,095	19,020	12,833	7,610	4,857
Interest Income	0	0	0	0	0	0	0	19,082	21,820	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
Net Income	41,932	34,518	73,751	75,914	5,742	33,572	-52,845	56,828	62,710	58,596	700	27,410	31,758	32,307	25,558	38,795	34,306	25,160	18,172	18,826	-6,698	-122,332	9,847	23,442	17,194	14,799	14,234	9,703
Net Income Applicable To Common Shares	0	34,518	73,751	75,914	5,742	33,572	-52,845	56,828	62,710	58,596	1,229	27,410	31,758	32,539	25,933	36,957	32,511	25,575	20,362	19,863	0	0	11,338	23,035	17,194	0	0	0
Net Income From Continuing Ops	42,582	34,518	73,751	75,914	5,917	33,791	-52,617	57,056	63,166	59,120	0	27,842	31,870	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-38,245	-22,791	-13,851	-18,418	-34,548	-30,483	-25,343	-19,082	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	1,162	308	-1,376	-18,819	669	15	278	-796	17	0	-4,291	110	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	1,148	3,594	24,819	14,487	42,483	197,128	39,075	17,235	18,841	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	83,170	-23,326	23,391	38,725	-37,658	70,512	-106,316	108,767	122,875	114,846	11,300	60,968	66,483	67,966	58,664	72,744	61,622	51,427	37,032	37,497	12,562	-34,780	38,708	22,017	46,521	31,082	29,853	20,241
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
Other Operating Expenses	7,400,866	9,573,408	8,815,245	9,221,260	8,464,636	7,951,557	7,997,838	7,586,758	7,511,863	7,782,375	2,586,000	2,545,603	2,567,766	2,464,566	2,487,138	2,503,994	2,415,200	2,319,001	2,002,894	2,005,690	2,042,415	2,182,847	3,462,445	3,443,461	3,003,761	2,634,920	2,459,397	2,454,784
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
Reconciled Depreciation	97,151	94,180	92,711	89,876	90,597	84,190	84,390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	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 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
Selling General Administrative	1,393,148	1,427,783	1,288,085	1,297,740	1,172,401	997,411	1,015,024	963,652	975,572	1,022,387	433,500	443,900	489,650	452,900	459,200	463,400	433,300	411,279	310,000	349,200	362,900	354,200	364,700	482,879	291,800	181,400	229,100	216,900
Tax Provision	14,397	12,397	24,906	9,450	-2,342	6,907	-79,027	32,907	37,093	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	1,063,417	1,427,783	1,288,085	1,297,740	1,172,401	997,411	1,014,665	963,652	975,572	1,022,387	475,600	482,987	489,650	488,017	493,832	463,369	433,346	415,743	345,152	349,174	366,054	408,497	557,580	522,324	392,334	237,101	225,232	216,420
Total Other Income Expense Net	-27,708	70,241	75,266	46,639	41,233	-41,814	-236,545	-38,797	-18,031	-18,824	9,200	-5,984	133	-435	-6,016	341	287	-3,817	249	363	-8,878	135	2,767	1,542	4,027	-5,698	-7,610	-4,857
Total Revenue	7,484,036	9,643,100	8,931,039	9,348,485	8,536,065	8,064,552	8,128,082	7,734,600	7,651,973	7,916,062	2,597,200	2,608,160	2,634,226	2,533,064	2,551,956	2,576,738	2,476,822	2,370,428	2,039,926	2,043,187	2,054,977	2,148,067	3,501,153	3,505,923	3,050,282	2,671,700	2,489,249	2,475,025

	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
Cost Of Revenue	1,906,214	1,916,709	1,960,012	2,460,728	1,967,601	1,945,302	1,919,647	2,313,075	1,770,689	1,743,769	1,772,933	2,239,769	1,908,910	1,735,994	1,845,727	2,432,889	1,711,220	1,709,447	1,706,922	2,164,646	1,651,406	1,630,588	1,630,293	2,041,859	1,669,410	1,644,952	1,623,683	2,045,128	1,568,926	1,544,790	1,564,863	1,944,528	1,509,680	1,516,352	1,533,822	1,976,437	1,680,376	1,548,162	1,544,784	1,984,707	1,110,046	513,175	487,129	460,166	628,925	491,333	482,192	479,687	634,292	486,910	477,227	441,650	617,493	466,858	450,548	432,645	621,439	474,209	465,013	445,629	624,509	499,312	471,175	376,509	663,663	497,888	448,964	445,013	586,320	447,409	424,516	365,704	526,530	391,995	373,513	369,316	507,165	391,610	388,425	373,456	527,916	397,991	414,712	-371,929	842,032	667,035	637,212	639,844	885,892	690,562	688,568	711,771	947,304	651,409	623,459	562,169	828,684	619,849	600,700	563,200	752,500	556,800	525,400	507,000	689,100	528,900	509,100	509,800	682,600	527,700
Depreciation And Amortization	0	2,458	22,458	5,196	21,906	21,833	21,968	28,941	21,451	21,763	21,406	164	20,892	20,858	20,097	11,278	21,009	21,092	21,864	27,401	19,733	19,580	-124	25,569	18,024	20,004	20,512	25,850	18,747	5,235	18,145	23,895	18,953	5,325	19,746	26,168	20,073	19,951	3,659	27,553	18,018	9,506	9,491	9,582	12,024	8,805	9,015	8,595	11,408	8,405	8,359	8,229	11,044	8,071	7,864	7,987	10,528	8,138	8,012	7,738	8,662	6,553	5,966	5,507	7,994	5,757	5,163	5,441	6,422	5,096	5,194	4,702	6,536	4,936	5,218	4,955	6,781	5,167	5,679	6,348	8,677	6,654	6,754	-3,974	13,501	10,367	10,368	12,155	13,971	11,437	10,988	10,746	12,805	8,556	7,338	6,252	11,080	792	6,500	5,300	6,700	4,900	4,500	5,200	6,600	5,000	4,800	5,100	6,100	4,600
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-49	-27	-47	-52	19	-80	-66	-92	93	-54	-31	-40	565	-82	-76	-109	-456	145	-46	0	-524	-73	-76	0	0	-65	-101	0	0	-50	-73	0	0	-18	-106	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	23,071	11,814	24,313	-13,050	-3,228	-7,192	28,149	12,249	890	29,389	30,195	868	14,965	17,613	22,030	-6,401	-14,058	-7,713	-10,255	2,104	27,754	29,818	8,812	4,966	13,274	19,105	8,937	17,106	29,867	21,256	14,116	16,445	29,224	36,635	7,735	31,808	33,720	32,649	31,868	18,980	18,067	10,932	19,978	11,839	19,304	11,713	19,628	1,582	11,441	5,637	16,133	14,164	22,089	15,929	15,010	13,678	21,039	15,091	17,650	17,746	22,407	14,941	13,003	15,476	19,983	12,767	13,453	13,126	17,961	15,752	10,469	7,858	12,240	6,002	7,920	11,062	13,304	4,895	160	14,861	7,266	-303	-25,385	-11,361	-332	5,579	-1,309	6,132	16,022	15,095	11,652	23,011	15,252	11,005	-7,671	18,157	12,543	2,500	-3,400	9,300	4,900	7,000	5,400	3,700	2,700	2,700	-400	4,100	2,700
Ebitda	0	25,529	34,272	29,509	8,856	18,605	14,776	57,090	33,700	22,653	50,795	30,359	21,760	35,823	37,710	33,308	14,608	7,034	14,151	17,146	21,837	47,334	29,694	34,381	22,990	33,278	39,617	34,787	35,853	35,102	39,401	38,011	35,398	34,549	56,381	33,903	51,881	53,671	36,308	59,421	36,998	27,573	20,423	29,560	23,863	28,109	20,728	28,223	12,990	19,846	13,996	24,362	25,208	30,160	23,793	22,997	24,206	29,177	23,103	25,388	26,408	28,960	20,907	18,510	23,470	25,740	17,930	18,894	19,548	23,057	20,946	15,171	14,394	17,176	11,220	12,875	17,843	18,471	10,574	6,508	23,538	13,920	6,451	-29,359	2,140	10,035	15,947	10,846	20,103	27,459	26,083	22,398	35,816	23,808	18,343	-1,419	29,237	13,335	9,000	1,900	16,000	9,800	11,500	10,600	10,300	7,700	7,500	4,700	10,200	7,300
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
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-49	-27	-47	-52	19	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	338,969	347,539	352,382	446,666	341,439	351,210	354,243	450,583	322,738	329,484	333,627	418,030	338,202	324,822	338,374	423,567	286,733	290,361	289,007	377,729	245,390	256,142	265,660	343,214	254,815	261,692	271,026	357,376	259,257	255,295	262,699	334,242	258,345	259,049	262,042	336,246	282,213	261,409	265,391	349,020	225,308	136,296	125,276	132,643	160,955	130,226	121,720	135,086	162,950	132,737	125,337	129,821	164,807	135,198	126,689	126,132	165,491	136,013	131,014	135,625	157,440	127,518	115,530	97,044	162,433	129,172	107,707	114,468	137,227	111,975	103,500	87,087	115,744	93,546	85,807	88,328	117,352	95,091	85,900	83,462	116,203	93,380	87,327	-35,465	153,321	129,701	128,409	124,919	176,866	150,562	143,940	143,612	192,766	133,501	102,101	129,801	126,201	99,207	83,700	63,900	88,600	60,900	60,400	62,100	77,700	58,700	56,600	52,200	72,500	56,200
Income Before Tax	14,663	14,577	27,122	13,763	1,517	14,017	7,201	24,180	30,394	19,727	22,664	25,872	14,030	25,516	30,385	15,433	5,104	-1,966	-9,708	10,145	-19,501	19,919	23,085	17,195	12,492	-199,897	33,327	22,434	20,078	25,594	28,303	15,987	26,813	24,389	31,926	17,131	15,030	28,146	27,174	20,099	-21,480	15,870	7,680	13,012	5,092	16,558	8,605	16,369	7,752	16,611	10,824	12,480	11,922	18,589	9,968	5,082	8,533	17,342	11,451	14,367	14,814	20,279	12,627	10,595	11,964	17,689	10,398	11,499	9,260	14,533	4,031	8,784	7,121	10,483	4,281	6,099	8,921	10,911	2,614	-2,298	-6,256	4,219	-4,392	68,112	-103,020	-845	-12,637	-5,801	32	13,885	8,831	3,954	12,115	15,087	5,804	1,042	10,855	8,035	7,600	-700	11,000	6,100	8,500	6,600	6,800	4,500	4,300	1,500	5,800	4,000
Income Tax Expense	0	3,450	7,654	2,426	867	4,553	2,086	4,891	8,149	4,551	5,850	6,356	1,937	5,564	1,918	31	-369	-1,656	-2,941	2,624	-5,474	2,374	5,247	4,760	-22,219	-76,445	12,267	7,369	7,272	8,864	10,743	6,027	9,649	9,141	11,619	6,684	2,993	10,977	9,779	7,580	-7,810	5,755	2,896	5,073	1,620	6,203	2,529	5,892	2,764	6,341	4,689	4,831	4,452	7,244	3,893	1,751	3,272	6,845	4,607	5,704	6,132	8,244	5,050	4,161	1,481	8,938	3,639	4,042	3,208	5,085	1,413	3,075	2,351	3,415	1,466	827	3,123	3,817	915	-807	-2,187	1,489	-1,538	23,763	-35,972	-328	-4,257	-2,040	12	4,408	3,230	962	4,812	6,091	2,059	702	4,064	2,902	2,600	-200	4,100	2,000	3,200	2,400	2,400	1,700	1,500	800	2,100	1,400
Interest Expense	9,669	9,280	9,349	11,589	8,027	6,051	4,528	4,185	2,974	3,020	3,267	4,589	3,608	3,522	3,650	7,638	6,596	7,375	8,696	11,881	7,655	7,082	6,969	8,778	6,215	6,130	5,682	7,315	4,404	4,419	4,437	5,823	5,193	4,983	4,894	6,750	5,998	5,467	5,475	7,474	4,757	2,197	2,265	2,971	4,163	2,150	3,156	3,109	5,274	3,412	3,242	3,505	4,666	3,504	3,429	3,816	5,188	3,727	2,873	3,053	2,703	3,091	28	756	3,393	1,943	2,612	2,168	4,024	3,542	11,650	2,084	2,150	1,972	1,884	1,296	3,414	2,536	2,427	757	21,125	4,005	7,352	28,230	81,686	582	53,589	5,757	6,066	2,398	6,262	7,291	10,896	165	5,201	8,713	7,302	4,508	5,000	1,600	1,700	1,200	1,500	1,200	3,100	1,800	1,600	1,900	1,700	1,200
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Income	10,305	11,127	19,468	11,337	650	9,464	5,115	19,289	22,245	15,176	16,814	19,516	12,093	19,952	28,467	15,402	5,424	-337	-6,814	7,469	-14,008	17,465	17,772	12,343	34,607	-123,506	21,029	15,025	12,846	16,648	17,484	9,851	16,729	15,393	20,261	10,327	11,871	17,096	17,319	12,310	-13,992	10,050	4,683	7,702	3,400	10,305	6,003	10,500	4,977	10,252	6,029	7,773	7,308	11,239	5,987	3,236	5,029	10,434	6,859	8,893	8,911	11,072	9,919	8,086	10,602	9,102	6,516	7,243	5,894	9,334	2,689	5,310	3,357	6,853	2,652	5,797	4,525	6,951	1,553	1,724	-4,077	1,772	-6,117	-20,918	-57,075	-586	-43,753	-5,026	54	9,216	5,603	3,399	7,303	8,996	3,745	340	6,791	5,133	5,000	-500	6,900	4,100	5,300	4,200	4,400	2,800	2,800	700	3,700	2,600
Net Income Applicable To Common Shares	0	0	0	11,337	650	9,464	5,115	19,289	22,245	15,176	16,814	19,516	12,093	19,952	28,467	15,402	5,424	-337	-6,814	7,278	-14,754	17,465	17,772	12,097	34,710	-123,506	21,029	15,065	12,806	16,648	17,484	9,960	17,164	15,393	20,261	10,447	12,037	17,096	17,319	12,519	-8,886	10,050	4,683	7,939	3,472	10,305	6,003	10,477	4,988	10,252	6,029	7,649	7,470	11,345	6,075	3,331	5,261	10,497	6,844	8,200	8,086	11,599	7,148	7,787	10,266	8,266	6,192	6,791	5,154	9,614	2,609	5,709	4,770	7,068	2,815	5,272	5,798	7,094	1,699	0	-2,730	2,730	0	0	-4,033	4,033	2,383	11,318	20	9,478	5,601	3,317	7,028	9,019	3,671	340	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	10,305	11,127	19,468	11,337	650	9,464	5,115	19,289	22,245	15,176	16,814	19,516	12,093	19,952	28,467	15,402	5,473	-310	-6,767	7,521	-14,027	17,545	17,838	12,435	-1,570	-123,452	21,060	15,065	28,526	16,730	17,560	9,960	63,166	15,248	20,307	0	59,120	17,169	17,395	0	0	10,115	4,784	0	0	10,355	11,134	0	0	10,270	6,135	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-9,669	-9,280	-9,349	-11,589	-8,027	-6,051	-4,528	-4,185	-2,974	-3,020	-3,267	-4,589	-3,608	-3,522	-3,650	-7,638	-6,596	-7,375	-8,696	-11,881	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	768	-600	0	0	16	10	0	0	40	63	0	0	-10,370	-8,382	0	0	195	236	0	0	75	67	0	0	146	120	0	0	148	26	0	0	1	0	0	0	3	9	0	0	681	-48	0	0	42	70	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	-886	3,047	0	0	-94	3,458	0	0	6,785	3,675	0	0	1,296	15,163	0	0	753	-360	8,408	-37,825	191,419	608	5,038	-94,719	5,089	6,661	16,201	17,235	5,177	-185	0	18,841	107	3,659	0	0	0	987	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	32,518	23,071	35,786	24,313	-13,050	-3,228	-7,192	28,149	33,353	22,731	25,921	30,195	17,406	28,998	33,972	22,030	11,584	15,779	7,370	22,209	-11,860	26,806	29,818	25,748	18,940	-193,842	38,942	29,644	24,620	29,867	32,620	21,660	33,004	29,224	36,794	23,853	21,007	33,612	32,649	27,578	-11,207	18,064	9,936	18,760	11,547	18,948	11,713	19,514	12,992	19,981	13,996	15,941	16,589	22,089	13,347	8,856	13,678	21,039	15,091	17,299	17,888	22,547	15,010	12,959	15,629	20,083	12,845	13,987	13,153	17,723	6,856	10,426	8,365	12,243	5,998	7,934	11,440	13,246	4,877	83	6,099	7,272	-348	67,760	-95,769	2,132	-7,413	-872	6,942	17,524	15,113	-28,613	21,157	18,463	11,011	5,852	18,157	12,543	2,500	-3,400	9,300	4,900	7,000	5,400	3,700	2,700	2,700	-400	4,100	2,700
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
Other Operating Expenses	0	2,239,505	2,278,807	2,878,924	2,300,962	2,278,675	2,258,514	2,735,257	2,059,742	2,050,616	2,077,181	2,627,706	2,225,584	2,025,033	2,146,454	2,824,189	1,983,461	1,982,733	1,973,396	2,525,046	1,874,973	1,859,171	1,866,495	2,350,917	1,901,415	1,873,441	1,855,159	2,367,822	1,792,439	1,765,129	1,788,281	2,240,909	1,732,800	1,741,000	1,759,255	2,278,808	1,930,802	1,775,852	1,773,867	2,301,854	1,316,385	631,407	601,482	572,816	778,034	602,255	592,199	595,145	784,252	599,801	588,568	555,338	768,136	579,967	561,308	543,767	773,252	589,183	580,936	563,955	764,061	604,283	571,695	460,594	810,467	606,977	543,826	545,494	710,394	541,661	516,696	442,365	633,909	473,298	453,322	449,710	613,077	473,455	469,448	456,835	638,020	484,099	502,387	475,154	1,091,122	794,604	773,034	765,635	1,055,816	823,600	817,395	843,551	1,118,913	766,447	714,549	690,867	931,188	706,117	674,400	626,100	828,400	609,600	577,700	561,600	758,400	582,500	560,800	558,200	747,900	579,500
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
Reconciled Depreciation	23,394	23,042	22,458	29,745	21,906	21,833	21,968	28,473	21,451	21,763	21,406	28,091	20,892	20,858	20,097	28,029	21,009	21,092	21,864	27,401	19,733	19,580	19,300	25,569	18,024	20,004	20,512	25,850	18,747	18,400	18,145	23,895	18,953	20,100	19,746	26,168	20,432	20,341	19,700	27,976	18,018	9,506	9,424	9,420	11,870	8,549	9,015	8,595	11,408	8,405	8,359	8,229	11,094	8,086	7,864	7,987	10,676	8,146	8,086	7,738	8,662	6,553	5,966	5,507	7,994	5,757	5,163	5,441	6,422	5,096	5,194	4,702	6,536	4,936	5,218	4,955	6,781	5,167	5,679	6,348	8,677	6,654	6,754	-3,974	13,501	10,367	10,368	12,155	13,971	11,437	10,988	10,746	12,805	8,556	7,338	6,252	11,600	7,700	6,500	5,300	6,700	4,900	4,500	5,200	6,600	5,000	4,800	5,100	6,100	4,600
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 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	400	0	0	400	400	5,300	100	0	100	0	0	0	0	100	0
Selling General Administrative	306,451	322,796	318,795	418,196	333,361	333,373	338,867	422,182	289,053	306,847	304,248	387,937	1,297,740	289,039	300,727	391,300	272,241	273,286	266,474	360,400	223,567	228,583	236,200	309,100	232,200	228,500	231,500	322,800	223,514	220,300	223,400	296,400	223,100	224,600	225,400	302,400	250,400	227,700	228,800	315,500	200,900	118,200	114,400	103,100	149,100	102,100	101,300	115,458	149,960	104,500	103,000	105,500	139,600	104,600	102,800	104,500	140,700	106,900	107,200	110,600	131,100	98,600	94,800	98,100	131,100	97,700	82,500	100,481	86,700	92,700	90,700	76,500	106,592	81,300	79,500	80,400	105,900	81,800	81,000	84,700	109,000	85,600	85,700	85,400	110,600	74,900	73,800	125,800	170,000	132,100	118,200	121,034	168,200	103,600	80,100	73,300	114,700	86,300	73,300	62,500	70,600	52,900	52,300	54,500	69,300	53,600	51,700	48,400	65,400	51,800
Tax Provision	4,358	3,450	7,654	2,426	867	4,553	2,086	4,891	8,149	4,551	5,850	6,356	1,937	5,564	1,918	31	-369	-1,656	-2,941	2,624	-5,474	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,212,665	322,796	318,795	418,196	333,361	333,373	338,867	422,182	289,053	306,847	304,248	387,937	316,674	289,039	300,727	391,300	272,241	273,286	266,474	360,400	223,567	228,583	236,202	309,058	232,005	228,489	231,476	322,694	223,513	220,339	223,418	296,381	223,120	224,648	225,433	302,371	250,426	227,690	229,083	317,147	206,339	118,232	114,353	112,650	149,109	110,922	110,007	115,458	149,960	112,891	111,341	113,688	150,643	113,109	110,760	111,122	151,813	114,974	115,923	118,326	139,552	104,971	100,520	84,085	146,804	109,089	94,862	100,481	124,074	94,252	92,180	76,661	107,379	81,303	79,809	80,394	105,912	81,845	81,023	83,379	110,104	86,108	87,675	-103,225	249,090	127,569	135,822	125,791	169,924	133,038	128,827	131,780	171,609	115,038	91,090	128,698	102,504	86,268	73,700	62,900	75,900	52,800	52,300	54,600	69,300	53,600	51,700	48,400	65,300	51,800
Total Other Income Expense Net	-8,186	-886	2,884	-10,550	14,567	17,245	14,393	-3,969	-317	110	-3,448	368	-3,890	-6,745	-3,612	-9,196	-2,792	-11,666	-23,545	4,697	-33,669	-558	596	-8,183	-4,103	-226,970	-541	-4,933	-11,262	-4,943	-6,541	-16,051	-3,219	-5,029	211	-9,994	-10,759	-106	-3,659	-4,300	-35,692	3	-978	-4,010	-2,591	-596	48	-150	36	177	70	-148	2,424	4	-2,532	-6,112	43	30	-767	-10	142	140	69	-44	153	100	78	534	27	-238	-4,432	-43	507	3	-4	14	378	-58	-18	-77	-8,762	6	-45	97,119	-84,408	2,464	-12,992	437	810	1,502	18	180	-1,854	3,211	6	8,775	-5,540	-396	5,100	2,700	1,700	1,200	1,500	1,200	3,100	1,800	1,600	1,900	1,700	1,300
Total Revenue	2,245,183	2,264,248	2,312,394	2,907,394	2,309,040	2,296,512	2,273,890	2,763,658	2,093,427	2,073,253	2,106,560	2,657,799	2,247,112	2,060,816	2,184,101	2,856,456	1,997,953	1,999,808	1,995,929	2,542,375	1,896,796	1,886,730	1,895,953	2,385,073	1,924,225	1,906,644	1,894,709	2,402,504	1,828,183	1,800,085	1,827,562	2,278,770	1,768,025	1,775,401	1,795,864	2,312,683	1,962,589	1,809,571	1,810,175	2,333,727	1,335,354	649,471	612,405	592,809	789,880	621,559	603,912	614,773	797,242	619,647	602,564	571,471	782,300	602,056	577,237	558,777	786,930	610,222	596,027	581,254	781,949	626,830	586,705	473,553	826,096	627,060	556,671	559,481	723,547	559,384	528,016	452,791	642,274	485,541	459,320	457,644	624,517	486,701	474,325	456,918	644,119	491,371	502,039	-407,394	995,353	796,736	765,621	764,763	1,062,758	841,124	832,508	855,383	1,140,070	784,910	725,560	691,971	954,885	719,056	684,400	627,100	841,100	617,700	585,800	569,100	766,800	587,600	565,700	562,000	755,100	583,900

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

Gross Profit (+$)
totalRevenue	7,484,036
Cost of Revenue	-6,337,449
Gross Profit	1,146,587	1,146,587

Operating Income (+$)
Gross Profit	1,146,587
Operating Expense	-1,063,417
Operating Income	83,170	83,170

Operating Expense (+$)
Research Development	0
Selling General Administrative	1,393,148
Selling And Marketing Expenses	0
Operating Expense	1,063,417	1,393,148

Net Interest Income (+$)
Interest Income	0
Interest Expense	-30,218
Other Finance Cost	-8,027
Net Interest Income	-38,245

Pretax Income (+$)
Operating Income	83,170
Net Interest Income	-38,245
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	55,462	110,878 EBIT - interestExpense = 52,952 55,462 72,150
Interest Expense	30,218
Earnings Before Interest and Taxes (EBIT)	83,170	85,680
Earnings Before Interest and Taxes (EBITDA)	83,170

After tax Income (+$)
Income Before Tax	55,462
Tax Provision	-14,397
Net Income From Continuing Ops	42,582	41,065
Net Income	41,932
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	7,400,866
Total Other Income/Expenses Net	-27,708	38,245

Technical Analysis of Spartannash
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 Spartannash. The general trend of Spartannash is BEARISH with 100.0% 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 Spartannash'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 (-100.0%)		Bearish trend (100.0%)
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 SpartanNash Co.

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

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 19.54 < 20.45 < 21.26.

The bearish price targets are: 18.57.

Tweet this

SpartanNash Co 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 SpartanNash Co. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 lower than the MA 50. -1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 < MA 200: The MA 20 is lower 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 lower than the MA 100. -1
MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
MA 100 trending down: The MA 100 is trending down. -1
Close < MA 100: The price is below the MA 100. -1
MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
MA 200 trending down: The MA 200 is trending down. -1
Close < MA 200: The price is below 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.

SpartanNash Co 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 SpartanNash Co. The current macd is -0.36169073.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Spartannash price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Spartannash. 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 Spartannash 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

SpartanNash Co 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 SpartanNash Co. The current adx is 31.52.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Spartannash shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2

SpartanNash Co 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 SpartanNash Co. The current sar is 19.90.

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

SpartanNash Co 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 SpartanNash Co. The current rsi is 44.33. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending up: The RSI is trending up. +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.

SpartanNash Co 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 SpartanNash Co. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

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

SpartanNash Co 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 SpartanNash Co. The current cci is -36.51914151.

SpartanNash Co 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 SpartanNash Co. The current cmo is -3.69848509.

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

SpartanNash Co 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 SpartanNash Co. The current willr is -61.30952381.

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

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Spartannash is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

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 SpartanNash Co.

SpartanNash Co 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 SpartanNash Co. The current atr is 0.39716619.

SpartanNash Co 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 SpartanNash Co. The current obv is -803,061.

SpartanNash Co 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 SpartanNash Co. The current mfi is 49.16.

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

SpartanNash Co Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for SpartanNash Co.

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
2023-11-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-11-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-01	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-04	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-05	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-13	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).
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-27	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-29	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-02	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
	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).
2024-01-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-09	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-16	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-24	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-25	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
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-29	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
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-30	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
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-07	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-15	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-20	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).
2024-02-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-22	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-03-07	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-21	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-26	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.
2024-03-28	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-17	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of SpartanNash Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.335
Ma 20	Greater than	Ma 50	19.429
Ma 50	Greater than	Ma 100	20.169
Ma 100	Greater than	Ma 200	21.355
Open	Greater than	Close	19.100
Total			0/5 (0.0%)

Create your own Symbol Scanner

Get notifications about SpartanNash Co

I send you an email if I find something interesting about SpartanNash Co.

SpartanNash Co Buy, Hold or Sell?

Let's analyse Spartannash together

Get notifications about SpartanNash Co

Quick analysis of Spartannash (30 sec.)

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

$19.22

$22.48

$-126.36 - $-8.83

$-103.88 - $13.65

2. Growth of Spartannash (5 min.)

Is Spartannash growing?

How much money is Spartannash making?

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

3. Financial Health of Spartannash (5 min.)

4. Comparing to competitors in the Food Distribution industry (5 min.)

Industry Rankings (Food Distribution)

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

What can you expect buying and holding a share of Spartannash?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Spartannash

About SpartanNash Co

Financial Health

Valuation

1.1. Profitability of SpartanNash Co.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Food Distribution)

1.1.2. Return on Assets

Trends

Compared to industry (Food Distribution)

1.1.3. Return on Equity

Trends

Compared to industry (Food Distribution)

1.2. Operating Efficiency of SpartanNash Co.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Food Distribution)

1.2.2. Operating Ratio

Trends

Compared to industry (Food Distribution)

1.3. Liquidity of SpartanNash Co.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Food Distribution)

1.3.2. Quick Ratio

Trends

Compared to industry (Food Distribution)

1.4. Solvency of SpartanNash Co.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Food Distribution)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Food Distribution)

2. Market Valuation of SpartanNash Co

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Food Distribution)

SpartanNash Co
Buy, Hold or Sell?