Stewart Information Services Corp
Buy, Hold or Sell?

Let's analyse Stewart together

Penke I guess you are interested in Stewart Information Services Corp. 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 Stewart Information Services Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Stewart (30 sec.)

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

How much money do you get?

$1.83

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$49.68

Expected worth in 1 year

$49.75

How sure are you?

75.0%

+ What do you gain per year?

Total Gains per Share

$1.90

Return On Investment

3.1%

For what price can you sell your share?

Current Price per Share

$61.64

Expected price per share

$58.23 - $65.35

How sure are you?

50%

1. Valuation of Stewart (5 min.)

Live pricePrice per Share (EOD)

$61.64

Book Value per Share

$49.68

Intrinsic Value Per Share

$-131.53 - $67.69

Total Value Per Share

$-81.85 - $117.36

My calculation of the intrinsic value of Stewart 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: ($1.20) 3Y: ($1.63) TTM: ($0.41)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.02) 3Y: ($-0.30) TTM: ($0.17)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$1.75	$6.56	$0.00 - $6.78
2	$-0.96	$13.19	$-4.80 - $7.06
3	$-7.63	$19.88	$-9.60 - $7.33
4	$-17.82	$26.62	$-14.40 - $7.61
5	$-31.09	$33.40	$-19.20 - $7.88
6	$-47.07	$40.22	$-24.00 - $8.15
7	$-65.41	$47.06	$-28.79 - $8.43
8	$-85.78	$53.93	$-33.59 - $8.70
9	$-107.91	$60.80	$-38.39 - $8.98
10	$-131.53	$67.69	$-43.19 - $9.25

2. Growth of Stewart (5 min.)

Is Stewart growing?

	Current year	Previous year	Grow	Grow %
How rich?	$1.3b	$1.3b	$534.4m	28.3%

How much money is Stewart making?

	Current year	Previous year	Grow	Grow %
Making money	$8.3m	$41.8m	-$33.4m	-400.6%
Net Profit Margin	1.4%	5.2%	-	-

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

Quarterly Yearly

3. Financial Health of Stewart (5 min.)

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

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

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

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

Speculation

The Price per Share of Stewart is $61.64. 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 Stewart.
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 Stewart, 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 $49.68. Based on the TTM, the Book Value Change Per Share is $0.02 per quarter. Based on the YOY, the Book Value Change Per Share is $0.68 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 $0.46 per quarter.

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

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	0.32	0.5%	0.27	0.4%	1.47	2.4%	1.36	2.2%	0.84	1.4%
Usd Book Value Change Per Share	-24.75	-40.1%	0.02	0.0%	0.68	1.1%	1.25	2.0%	0.64	1.0%
Usd Dividend Per Share	0.47	0.8%	0.46	0.7%	0.40	0.7%	0.34	0.6%	0.27	0.4%
Usd Total Gains Per Share	-24.28	-39.4%	0.48	0.8%	1.09	1.8%	1.60	2.6%	0.92	1.5%
Usd Price Per Share	58.75	-	46.01	-	49.18	-	47.33	-	43.72	-
Price to Earnings Ratio	46.24	-	12.95	-	11.30	-	-419.48	-	-203.57	-
Price-to-Total Gains Ratio	-2.42	-	47.17	-	60.33	-	95.22	-	-54.39	-
Price to Book Ratio	1.18	-	0.72	-	1.01	-	1.19	-	1.43	-
Price-to-Total Gains Ratio	-2.42	-	47.17	-	60.33	-	95.22	-	-54.39	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	61.64
Number of shares	16

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.46	0.34
Usd Book Value Change Per Share	0.02	1.25
Usd Total Gains Per Share	0.48	1.60
Gains per Quarter (16 shares)	7.61	25.57
Gains per Year (16 shares)	30.43	102.26

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	29	1	20	22	80	92
2	58	2	50	44	160	194
3	88	4	80	66	241	296
4	117	5	110	88	321	398
5	146	6	140	110	401	500
6	175	7	170	132	481	602
7	205	8	200	154	562	704
8	234	10	230	176	642	806
9	263	11	260	198	722	908
10	292	12	290	220	802	1010

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	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	17.0	3.0	0.0	85.0%	32.0	8.0	0.0	80.0%	109.0	27.0	0.0	80.1%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	9.0	3.0	0.0	75.0%	14.0	6.0	0.0	70.0%	26.0	14.0	0.0	65.0%	98.0	38.0	0.0	72.1%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	130.0	0.0	6.0	95.6%
Total Gains per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	18.0	2.0	0.0	90.0%	30.0	10.0	0.0	75.0%	107.0	29.0	0.0	78.7%

Fundamentals of Stewart

About Stewart Information Services Corp

https://www.stewart.com
6800
1360 Post Oak Boulevard, Houston, TX, United States, 77056
Google Maps Bing Maps

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction related services in the United States and internationally. The company involves in searching, examining, closing, and insuring the condition of the title to real property. It also offers home and personal insurance services; services for tax-deferred exchanges; and digital customer engagement platform services. It also provides appraisal management, online notarization and closing, credit and real estate information, and search and valuation services. The company serves homebuyers and sellers, residential and commercial real estate professionals, mortgage lenders and servicers, title agencies and real estate attorneys, and home builders through direct operations, network of independent agencies, and other businesses. The company was founded in 1893 and is headquartered in Houston, Texas.

Fundamental data was last updated by Penke on 2024-04-26 13:11:06.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
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 very inefficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

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

Valuation

Valuation Details

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

1.1. Profitability of Stewart Information Services Corp.

1.1. Profitability

1.1.1. Net Profit Margin

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

Above 10% is considered healthy but always compare Stewart to the Insurance - Property & Casualty industry mean.
A Net Profit Margin of 1.5% means that $0.02 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Stewart Information Services Corp:

The MRQ is 1.5%. The company is making a profit. +1
The TTM is 1.4%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	1.5%	TTM	1.4%	+0.1%
TTM	1.4%	YOY	5.2%	-3.8%
TTM	1.4%	5Y	5.3%	-3.8%
5Y	5.3%	10Y	3.5%	+1.8%

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

Revenue is the amount of profit Stewart 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 Stewart 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 Stewart to the Insurance - Property & Casualty industry mean.
Can be used to compare companies within the Insurance - Property & Casualty industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Stewart. If profit margins remain low (compared to the Insurance - Property & Casualty 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 Stewart is 0.02. This means that Stewart earned $0.02 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart with other companies in the same industry (Insurance - Property & Casualty).
Net profit margin should rise over the years.
Can be influenced when Stewart sells assets (profit will increase while costs remain the same).
It won’t show what part of Stewart 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 Stewart

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 Stewart = 8,815
Total revenue MRQ Stewart = 582,169
$8,815 / $582,169 = 0.02 or 1.5%

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 Stewart is using its assets to generate profit.

Above 5% is considered healthy but always compare Stewart to the Insurance - Property & Casualty industry mean.
0.3% Return on Assets means that Stewart generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Stewart Information Services Corp:

The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.3%	TTM	0.3%	+0.0%
TTM	0.3%	YOY	1.5%	-1.2%
TTM	0.3%	5Y	1.7%	-1.4%
5Y	1.7%	10Y	1.2%	+0.6%

Shows how efficient Stewart 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 Stewart to the Insurance - Property & Casualty 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 Stewart is using its resources to generate profit. If the return on assets (0.3%) from Stewart are higher than the Insurance - Property & Casualty mean () that means Stewart 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 Stewart is 0.3%. 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

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

Income statement
Balance sheet

Net income MRQ (income statement) from Stewart = 8,815
Total assets MRQ (balance sheet) from Stewart = 2,702,861
8,815 / 2,702,861 = 0.00 or 0.3%

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

Above 15%-20% is considered healthy but always compare Stewart to the Insurance - Property & Casualty industry mean.
0.6% Return on Equity means Stewart generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Stewart Information Services Corp:

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

Trends

Current period		Compared to		+/-
MRQ	0.6%	TTM	0.6%	+0.0%
TTM	0.6%	YOY	3.1%	-2.5%
TTM	0.6%	5Y	3.5%	-2.9%
5Y	3.5%	10Y	2.4%	+1.1%

Shows how efficient Stewart 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 Stewart to the Insurance - Property & Casualty 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 Insurance - Property & Casualty 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 Stewart is 0.6%. This means Stewart 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart up to 10 years back (depending if Stewart 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 Stewart

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Stewart = 8,815
Shareholders equity (balance sheet) MRQ Stewart = 1,371,411
8,815 / 1,371,411 = 0.01 or 0.6%

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 Stewart Information Services Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Stewart is operating .

Measures how much profit Stewart 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 Stewart to the Insurance - Property & Casualty industry mean.
An Operating Margin of -0.7% means the company generated $-0.01 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Stewart Information Services Corp:

The MRQ is -0.7%. The company is operating very inefficient. -2
The TTM is -4.7%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-0.7%	TTM	-4.7%	+4.0%
TTM	-4.7%	YOY	7.2%	-12.0%
TTM	-4.7%	5Y	5.7%	-10.5%
5Y	5.7%	10Y	4.1%	+1.6%

Measures how efficient Stewart 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 Stewart to the Insurance - Property & Casualty 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 Stewart 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 Stewart is -0.7%. This means that Stewart earned $-0.01 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Stewart = -4,289
Total revenue MRQ Stewart = 582,169
$-4,289 / $582,169 = -0.01 or -0.7%

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 Stewart is keeping operating costs low.

Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
An Operation Ratio of -652.22 means that the operating costs are $-652.22 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Stewart Information Services Corp:

The MRQ is -652.220.
The TTM is 64.375. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	-652.220	TTM	64.375	-716.595
TTM	64.375	YOY	204.391	-140.016
TTM	64.375	5Y	199.222	-134.847
5Y	199.222	10Y	205.109	-5.887

Measures how efficient Stewart 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 Stewart to the Insurance - Property & Casualty 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 Stewart is -65,222.0%. This means that Stewart earned $-652.22 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

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
(-380,023,299 +320,855) \ 582,169 = -652.22

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 Stewart Information Services Corp.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A Current Ratio of 0.75 means the company has $0.75 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Stewart Information Services Corp:

The MRQ is 0.752. The company is just not able to pay all its short-term debts. -1
The TTM is 0.679. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.752	TTM	0.679	+0.073
TTM	0.679	YOY	2.729	-2.050
TTM	0.679	5Y	66.493	-65.814
5Y	66.493	10Y	33.768	+32.725

Measures if Stewart 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 Insurance - Property & Casualty 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 Stewart 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 Stewart is 0.75. This means Stewart has $0.75 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
397,292 \ 528,269) = 0.75

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

Above 1 is considered healthy but always compare Stewart to the Insurance - Property & Casualty industry mean.
A Quick Ratio of 0.83 means the company can pay off $0.83 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Stewart Information Services Corp:

The MRQ is 0.826. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.740. 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	0.826	TTM	0.740	+0.086
TTM	0.740	YOY	5.826	-5.086
TTM	0.740	5Y	2.071	-1.331
5Y	2.071	10Y	1.783	+0.288

Measures if Stewart 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 Stewart to the Insurance - Property & Casualty 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 Stewart can pay off its short term debts. This shows if Stewart 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 Stewart is 0.83. This means that Stewart can pay off $0.83 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

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 Stewart: (272,388 + 39,023 +124,904) / 528,269 = 0.83

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 Stewart Information Services Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

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

Below 1 (100%) is considered healthy but always compare Stewart to Insurance - Property & Casualty industry mean.
A Debt to Asset Ratio of 0.49 means that Stewart assets are financed with 49.0% credit (debt) and the remaining percentage (100% - 49.0%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Stewart Information Services Corp:

The MRQ is 0.490. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.296. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.490	TTM	0.296	+0.194
TTM	0.296	YOY	0.506	-0.210
TTM	0.296	5Y	0.464	-0.168
5Y	0.464	10Y	0.487	-0.023

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

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Stewart to Insurance - Property & Casualty 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 Stewart is 0.49. This means means that Stewart is financed with 49.0% 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Stewart

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

Balance sheet
Debt to asset ratio = total debt \ total assets
1,324,312 \ 2,702,861 = 49.0% or 0.49.

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

Below 2 is considered healthy but always compare Stewart to the Insurance - Property & Casualty industry mean.
A Debt to Equity ratio of 96.6% means that company has $0.97 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Stewart Information Services Corp:

The MRQ is 0.966. The company is very able to pay all its debts with equity. +2
The TTM is 0.584. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.966	TTM	0.584	+0.382
TTM	0.584	YOY	1.034	-0.450
TTM	0.584	5Y	0.945	-0.361
5Y	0.945	10Y	0.999	-0.054

Measures if Stewart 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 Stewart 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 Stewart is 0.97. This means that Stewart can pay off $0.97 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,324,312 \ 1,371,411 = 0.97 or 96.6%

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 Stewart Information Services Corp

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 Stewart generates.

Above 15 is considered overpriced but always compare Stewart to the Insurance - Property & Casualty industry mean.
A PE ratio of 46.24 means the investor is paying $46.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Stewart Information Services Corp:

The EOD is 48.513. Based on the earnings, the company is overpriced. -1
The MRQ is 46.239. Based on the earnings, the company is overpriced. -1
The TTM is 12.951. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	48.513	MRQ	46.239	+2.275
MRQ	46.239	TTM	12.951	+33.287
TTM	12.951	YOY	11.302	+1.649
TTM	12.951	5Y	-419.485	+432.436
5Y	-419.485	10Y	-203.573	-215.911

Measures how much money you pay for each share for every $1 in earnings Stewart 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 Stewart to the Insurance - Property & Casualty 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 Stewart is 46.24. This means the investor is paying $46.24 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Stewart is performing over time. The most recent quarter might be important if Stewart 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 Stewart 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 Stewart

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 \ 27,751 = EPS
PE ratio MRQ = 46.24

* 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 Stewart Information Services Corp:

The EOD is 13.724. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 13.081. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 6.262. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	13.724	MRQ	13.081	+0.643
MRQ	13.081	TTM	6.262	+6.819
TTM	6.262	YOY	13.839	-7.577
TTM	6.262	5Y	5.605	+0.657
5Y	5.605	10Y	5.286	+0.319

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A PB ratio of 1.18 means the investor is paying $1.18 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Stewart Information Services Corp:

The EOD is 1.241. Based on the equity, the company is underpriced. +1
The MRQ is 1.183. Based on the equity, the company is underpriced. +1
The TTM is 0.716. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	1.241	MRQ	1.183	+0.058
MRQ	1.183	TTM	0.716	+0.466
TTM	0.716	YOY	1.006	-0.290
TTM	0.716	5Y	1.187	-0.471
5Y	1.187	10Y	1.432	-0.244

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Stewart Information Services Corp.

3.1. Institutions holding Stewart Information Services Corp

Institutions are holding 97.944% of the shares of Stewart Information Services Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	14.397	0.006	3977365	87309	2.2444
2023-12-31	Dimensional Fund Advisors, Inc.	6.9598	0.033	1922748	59639	3.201
2023-12-31	Vanguard Group Inc	6.9009	0.0025	1906475	26897	1.431
2023-12-31	Allspring Global Investments Holdings, LLC	5.9719	0.1607	1649808	-10785	-0.6495
2023-12-31	Macquarie Group Ltd	4.1048	0.077	1133991	-45243	-3.8366
2023-12-31	Neuberger Berman Group LLC	3.9987	0.0566	1104692	454782	69.9762
2023-12-31	State Street Corporation	3.8539	0.003	1064687	36878	3.588
2023-12-31	Charles Schwab Investment Management Inc	3.4449	0.0142	951699	8004	0.8482
2023-12-31	Victory Capital Management Inc.	2.9008	0.0495	801374	-289032	-26.5068
2023-12-31	Davenport & Company LLC	2.5547	0.2816	705777	31211	4.6268
2023-12-31	Cooke & Bieler LP	2.2938	0.3281	633684	-7565	-1.1797
2023-12-31	Geode Capital Management, LLC	2.0923	0.0036	578032	28648	5.2146
2023-12-31	Northern Trust Corp	1.6574	0.0049	457865	-7248	-1.5583
2023-12-31	Fuller & Thaler Asset Management Inc	1.4673	0.1207	405374	450	0.1111
2023-12-31	Granite Investment Partners, LLC	1.3132	0.8294	362788	-14738	-3.9038
2023-12-31	FMR Inc	1.2445	0.0016	343804	342428	24885.7558
2023-12-31	Morgan Stanley - Brokerage Accounts	1.2359	0.0018	341447	76617	28.9306
2023-12-31	Tributary Capital Management, LLC	1.2031	1.6437	332360	-6116	-1.8069
2023-12-31	Nuveen Asset Management, LLC	1.1478	0.006	317108	210822	198.3535
2023-12-31	Bank of New York Mellon Corp	1.1403	0.0038	315019	-140411	-30.8304
Total		69.883	3.6277	19306097	+842547	+4.4%

3.2. Funds holding Stewart Information Services Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-28	iShares Core S&P Small-Cap ETF	6.7132	0.1502	1854596	0	0
2024-03-31	Allspring Special Small Cap Value A	4.8541	1.472	1341002	0	0
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.0812	0.0035	851232	-3425	-0.4007
2024-03-31	Neuberger Berman Genesis Inv	2.6496	0.4501	731986	-17618	-2.3503
2024-02-29	Davenport Small Cap Focus	2.5535	4.744	705442	38713	5.8064
2024-03-28	iShares Russell 2000 ETF	2.1662	0.0595	598438	0	0
2024-02-29	Delaware Small Cap Value A	2.1038	0.7735	581200	-8000	-1.3578
2024-03-31	Victory Sycamore Small Company Opp R	1.9366	0.4845	535000	-5000	-0.9259
2024-03-31	Victory Small Cap Value CIT (Net 75)	1.9366	0.4938	535000	-5000	-0.9259
2024-01-31	Fidelity Low-Priced Stock	1.9316	0.1225	533617	439651	467.8831
2024-03-31	Vanguard Institutional Extnd Mkt Idx Tr	1.4767	0.0252	407953	5371	1.3341
2023-12-31	FullerThaler Behavioral Sm-Cp Eq R6	1.3838	0.2825	382300	0	0
2024-02-29	FullerThaler Behavioral Small-Cap Equity	1.3838	0.2824	382300	0	0
2024-02-29	DFA US Small Cap Value I	1.3059	0.1477	360775	-20622	-5.407
2024-03-28	iShares S&P Small-Cap 600 Value ETF	1.2215	0.3039	337462	-2640	-0.7762
2024-02-29	DFA US Targeted Value I	1.0096	0.1361	278925	-7387	-2.5801
2024-01-31	Fidelity Small Cap Index	0.9802	0.0674	270801	4073	1.527
2024-03-31	Tributary Small Cap Equity	0.9277	1.8352	256276	1630	0.6401
2024-03-31	Glenmede Small Cap Equity Adv	0.9015	1.2751	249049	18346	7.9522
2024-03-31	Glenmede Small Cap Equity	0.9015	1.275	249049	18346	7.9522
Total		41.4186	14.3841	11442403	+456438	+4.0%

3.3. Insider Transactions

Insiders are holding 1.634% of the shares of Stewart Information Services Corp.

Date	Owner	Type	Amount	Price
2024-03-07	Matthew Morris	SELL	12000	63.11
2023-06-14	C Allen Bradley Jr	BUY	1000	41.91
2023-06-14	Frederick H Eppinger	BUY	2000	42

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Stewart Information Services Corp 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	-	-	-24.747	0.019	-130978%	0.683	-3721%	1.253	-2074%	0.642	-3956%
Book Value Per Share	-	-	49.676	68.252	-27%	48.978	+1%	43.493	+14%	33.726	+47%
Current Ratio	-	-	0.752	0.679	+11%	2.729	-72%	66.493	-99%	33.768	-98%
Debt To Asset Ratio	-	-	0.490	0.296	+66%	0.506	-3%	0.464	+6%	0.487	+1%
Debt To Equity Ratio	-	-	0.966	0.584	+65%	1.034	-7%	0.945	+2%	0.999	-3%
Dividend Per Share	-	-	0.468	0.457	+3%	0.404	+16%	0.344	+36%	0.275	+70%
Eps	-	-	0.318	0.275	+16%	1.469	-78%	1.356	-77%	0.837	-62%
Free Cash Flow Per Share	-	-	1.123	0.408	+175%	1.302	-14%	1.719	-35%	1.199	-6%
Free Cash Flow To Equity Per Share	-	-	0.477	-0.217	+145%	0.187	+154%	1.962	-76%	1.185	-60%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	67.686	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-131.525	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	6.558	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	1.754	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	19.875	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-7.634	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	33.399	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-31.091	-	-	-	-	-	-	-	-
Market Cap	1702885132.000	+4%	1630371250.000	1273177109.250	+28%	1358730499.750	+20%	1307846669.900	+25%	1208155258.975	+35%
Net Profit Margin	-	-	0.015	0.014	+6%	0.052	-71%	0.053	-71%	0.035	-56%
Operating Margin	-	-	-0.007	-0.047	+543%	0.072	-110%	0.057	-113%	0.041	-118%
Operating Ratio	-	-	-652.220	64.375	-1113%	204.391	-419%	199.222	-427%	205.109	-418%
Pb Ratio	1.241	+5%	1.183	0.716	+65%	1.006	+18%	1.187	0%	1.432	-17%
Pe Ratio	48.513	+5%	46.239	12.951	+257%	11.302	+309%	-419.485	+1007%	-203.573	+540%
Price Per Share	61.640	+5%	58.750	46.010	+28%	49.183	+19%	47.326	+24%	43.725	+34%
Price To Free Cash Flow Ratio	13.724	+5%	13.081	6.262	+109%	13.839	-5%	5.605	+133%	5.286	+147%
Price To Total Gains Ratio	-2.539	-5%	-2.420	47.169	-105%	60.333	-104%	95.225	-103%	-54.388	+2148%
Quick Ratio	-	-	0.826	0.740	+12%	5.826	-86%	2.071	-60%	1.783	-54%
Return On Assets	-	-	0.003	0.003	+5%	0.015	-79%	0.017	-81%	0.012	-73%
Return On Equity	-	-	0.006	0.006	+5%	0.031	-79%	0.035	-82%	0.024	-73%
Total Gains Per Share	-	-	-24.278	0.475	-5206%	1.088	-2332%	1.598	-1619%	0.917	-2749%
Usd Book Value	-	-	1378549000.000	1887547750.000	-27%	1353094000.000	+2%	1201951450.000	+15%	931913850.000	+48%
Usd Book Value Change Per Share	-	-	-24.747	0.019	-130978%	0.683	-3721%	1.253	-2074%	0.642	-3956%
Usd Book Value Per Share	-	-	49.676	68.252	-27%	48.978	+1%	43.493	+14%	33.726	+47%
Usd Dividend Per Share	-	-	0.468	0.457	+3%	0.404	+16%	0.344	+36%	0.275	+70%
Usd Eps	-	-	0.318	0.275	+16%	1.469	-78%	1.356	-77%	0.837	-62%
Usd Free Cash Flow	-	-	31160000.000	11312750.000	+175%	35978000.000	-13%	47487650.000	-34%	33126050.000	-6%
Usd Free Cash Flow Per Share	-	-	1.123	0.408	+175%	1.302	-14%	1.719	-35%	1.199	-6%
Usd Free Cash Flow To Equity Per Share	-	-	0.477	-0.217	+145%	0.187	+154%	1.962	-76%	1.185	-60%
Usd Market Cap	1702885132.000	+4%	1630371250.000	1273177109.250	+28%	1358730499.750	+20%	1307846669.900	+25%	1208155258.975	+35%
Usd Price Per Share	61.640	+5%	58.750	46.010	+28%	49.183	+19%	47.326	+24%	43.725	+34%
Usd Profit	-	-	8815000.000	8352750.000	+6%	41813500.000	-79%	37870050.000	-77%	23315300.000	-62%
Usd Revenue	-	-	582169000.000	564335500.000	+3%	767324250.000	-24%	643043650.000	-9%	565858925.000	+3%
Usd Total Gains Per Share	-	-	-24.278	0.475	-5206%	1.088	-2332%	1.598	-1619%	0.917	-2749%
	EOD	+3 -5	MRQ	TTM	+21 -14	YOY	+14 -21	5Y	+10 -25	10Y	+13 -22

4.2. Fundamental Score

Let's check the fundamental score of Stewart Information Services Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	48.513
Price to Book Ratio (EOD)	Between	0-1	1.241
Net Profit Margin (MRQ)	Greater than	0	0.015
Operating Margin (MRQ)	Greater than	0	-0.007
Quick Ratio (MRQ)	Greater than	1	0.826
Current Ratio (MRQ)	Greater than	1	0.752
Debt to Asset Ratio (MRQ)	Less than	1	0.490
Debt to Equity Ratio (MRQ)	Less than	1	0.966
Return on Equity (MRQ)	Greater than	0.15	0.006
Return on Assets (MRQ)	Greater than	0.05	0.003
Total			3/10 (30.0%)

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 Stewart Information Services Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	50.259
Ma 20	Greater than	Ma 50	61.965
Ma 50	Greater than	Ma 100	61.751
Ma 100	Greater than	Ma 200	59.909
Open	Greater than	Close	63.520
Total			5/5 (100.0%)

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

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Cost of Revenue		648,022	120,094,978	120,743,000	8,590,000	129,333,000	1,122,000	130,455,000	-510,478,299	-380,023,299

Latest Balance Sheet

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

Summary

Total Assets	2,702,861
Total Liabilities	1,324,312
Total Stockholder Equity	1,371,411

	As reported
Total Liabilities	1,324,312
Total Stockholder Equity	+ 1,371,411
Total Assets	= 2,702,861

Assets

Total Assets	2,702,861
Total Current Assets	397,292
Long-term Assets	2,305,569

Total Current Assets

Total Current Assets (as reported)	397,292
Cash And Cash Equivalents	233,365
Short-term Investments	39,023
Net Receivables	124,904
Inventory	-397,292
Other Current Assets	397,292
Total Current Assets (calculated)	397,292
+/-	0

Long-term Assets

Long-term Assets (as reported)	2,305,569
Property Plant Equipment	271,573
Goodwill	1,072,129
Long Term Investments	723,179
Intangible Assets	193,196
Long-term Assets Other	41,716
Long-term Assets (calculated)	2,301,793
+/-	3,776

Liabilities & Shareholders' Equity

Total Current Liabilities	528,269
Long-term Liabilities	796,043
Total Stockholder Equity	1,371,411

Total Current Liabilities

Total Current Liabilities (as reported)	528,269
Short-term Debt	457,519
Accounts payable	190,054
Other Current Liabilities	338,215
Total Current Liabilities (calculated)	985,788
+/-	457,519

Long-term Liabilities

Long-term Liabilities (as reported)	796,043
Long term Debt	445,290
Capital Lease Obligations	135,654
Long-term Liabilities (calculated)	580,944
+/-	215,099

Total Stockholder Equity

Total Stockholder Equity (as reported)	1,371,411
Common Stock	338,451
Retained Earnings	1,070,841
Accumulated Other Comprehensive Income	-35,215
Other Stockholders Equity	-2,666
Total Stockholder Equity (calculated)	1,371,411
+/-	0

Other

Capital Stock	27,723
Cash and Short Term Investments	272,388
Common Stock Shares Outstanding	27,751
Current Deferred Revenue	-457,519
Liabilities and Stockholders Equity	2,702,861
Net Debt	347,579
Net Invested Capital	1,816,701
Net Working Capital	-130,977
Short Long Term Debt Total	580,944

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

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
132,000
0
0
0
178,500
0
0
0
182,400
0
0
0
193,900
0
0
0
197,800
197,100
203,800
203,800
201,300
198,000
204,000
210,100
219,100
221,200
225,700
234,200
251,900
251,400
265,700
283,700
313,900
315,800
320,600
323,400
325,200
322,500
335,100
349,000
351,359
358,200
368,100
375,100
383,372
376,600
391,300
403,100
417,691
432,000
450,900
471,600
498,481
497,400
521,000
523,800
535,741
525,272
534,710
545,837
563,448
575,814
609,813
654,680
677,863
678,341
705,581
763,622
842,273
856,291
935,135
1,001,380
1,031,867
1,044,994
1,096,814
1,146,372
1,193,353
1,197,920
1,283,697
1,329,383
1,361,151
1,334,258
1,360,915
1,406,533
1,458,207
1,420,540
1,460,243
1,448,594
1,441,974
1,405,668
1,370,263
1,544,307
1,449,226
1,342,214
1,355,320
1,360,358
1,369,160
1,310,141
1,132,554
1,129,972
1,141,206
1,114,322
1,128,858
1,134,725
1,156,141
1,137,384
1,180,948
1,237,858
1,291,375
1,262,655
1,272,484
1,316,896
1,326,058
1,276,619
1,360,280
1,381,369
1,392,478
1,356,800
1,339,875
1,318,308
1,321,587
1,304,448
1,336,585
1,359,732
1,341,724
1,307,968
1,358,044
1,402,945
1,405,886
1,351,528
1,357,899
1,370,429
1,372,930
1,442,310
1,477,039
1,559,191
1,592,785
1,507,866
1,600,234
1,820,189
1,978,575
2,042,806
2,168,334
2,375,505
2,813,362
2,760,988
2,755,342
2,705,460
2,737,879
2,679,060
2,677,838
2,669,070
2,702,861

2,702,861

2,669,070

2,677,838

2,679,060

2,737,879

2,705,460

2,755,342

2,760,988

2,813,362

2,375,505

2,168,334

2,042,806

1,978,575

1,820,189

1,600,234

1,507,866

1,592,785

1,559,191

1,477,039

1,442,310

1,372,930

1,370,429

1,357,899

1,351,528

1,405,886

1,402,945

1,358,044

1,307,968

1,341,724

1,359,732

1,336,585

1,304,448

1,321,587

1,318,308

1,339,875

1,356,800

1,392,478

1,381,369

1,360,280

1,276,619

1,326,058

1,316,896

1,272,484

1,262,655

1,291,375

1,237,858

1,180,948

1,137,384

1,156,141

1,134,725

1,128,858

1,114,322

1,141,206

1,129,972

1,132,554

1,310,141

1,369,160

1,360,358

1,355,320

1,342,214

1,449,226

1,544,307

1,370,263

1,405,668

1,441,974

1,448,594

1,460,243

1,420,540

1,458,207

1,406,533

1,360,915

1,334,258

1,361,151

1,329,383

1,283,697

1,197,920

1,193,353

1,146,372

1,096,814

1,044,994

1,031,867

1,001,380

935,135

856,291

842,273

763,622

705,581

678,341

677,863

654,680

609,813

575,814

563,448

545,837

534,710

525,272

535,741

523,800

521,000

497,400

498,481

471,600

450,900

432,000

417,691

403,100

391,300

376,600

383,372

375,100

368,100

358,200

351,359

349,000

335,100

322,500

325,200

323,400

320,600

315,800

313,900

283,700

265,700

251,400

251,900

234,200

225,700

221,200

219,100

210,100

204,000

198,000

201,300

203,800

197,100

197,800

193,900

182,400

178,500

132,000

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,500
28,700
27,900
24,100
26,100
29,800
29,300
28,300
26,000
26,900
25,100
26,000
26,000
0
0
0
32,700
16,800
14,300
12,800
295,400
11,000
15,900
19,300
316,059
16,700
304,500
331,200
315,690
331,800
345,100
354,700
345,488
381,600
400,500
418,900
412,664
434,300
451,500
447,200
429,869
417,784
422,837
433,026
446,609
450,189
483,306
526,821
534,279
538,586
562,270
616,332
671,891
678,329
748,184
811,877
833,087
823,999
859,466
903,955
913,916
952,425
1,035,166
1,077,035
1,042,879
1,046,067
1,074,387
1,112,219
1,065,154
1,096,288
1,130,182
1,119,508
1,035,293
1,088,939
-307,905,737
1,247,109
1,067,981
1,044,020
1,135,463
1,140,884
1,000,937
1,094,273
916,970
914,621
787,151
899,494
914,291
910,907
799,113
912,107
1,635,031
1,710,781
768,108
747,798
766,023
786,789
288,362
210,670
189,368
205,461
286,254
178,435
187,267
764,807
808,369
735,116
773,314
805,479
818,123
778,774
801,967
848,428
860,364
749,242
759,011
774,091
794,094
754,622
781,028
343,652
354,396
312,832
310,806,000
381,560,000
432,683
409,250
590,416
239,280,000
622,909
530,488
545,672
178,431
204,176
332,089
345,696
354,934
397,292

397,292

354,934

345,696

332,089

204,176

178,431

545,672

530,488

622,909

239,280,000

590,416

409,250

432,683

381,560,000

310,806,000

312,832

354,396

343,652

781,028

754,622

794,094

774,091

759,011

749,242

860,364

848,428

801,967

778,774

818,123

805,479

773,314

735,116

808,369

764,807

187,267

178,435

286,254

205,461

189,368

210,670

288,362

786,789

766,023

747,798

768,108

1,710,781

1,635,031

912,107

799,113

910,907

914,291

899,494

787,151

914,621

916,970

1,094,273

1,000,937

1,140,884

1,135,463

1,044,020

1,067,981

1,247,109

-307,905,737

1,088,939

1,035,293

1,119,508

1,130,182

1,096,288

1,065,154

1,112,219

1,074,387

1,046,067

1,042,879

1,077,035

1,035,166

952,425

913,916

903,955

859,466

823,999

833,087

811,877

748,184

678,329

671,891

616,332

562,270

538,586

534,279

526,821

483,306

450,189

446,609

433,026

422,837

417,784

429,869

447,200

451,500

434,300

412,664

418,900

400,500

381,600

345,488

354,700

345,100

331,800

315,690

331,200

304,500

16,700

316,059

19,300

15,900

11,000

295,400

12,800

14,300

16,800

32,700

26,000

25,100

26,900

26,000

28,300

29,300

29,800

26,100

24,100

27,900

28,700

28,500

Cash And Cash 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
16,800
14,300
12,800
16,200
11,000
15,900
19,300
16,698
16,700
21,300
20,800
18,484
18,700
25,500
22,100
30,391
27,400
35,800
43,100
44,883
47,200
42,200
41,200
36,803
30,738
42,257
34,359
35,728
44,985
70,734
59,762
60,706
69,830
76,578
98,470
139,156
122,813
168,190
132,962
114,202
101,401
119,824
113,878
121,383
96,856
119,610
131,584
134,734
118,361
137,880
127,582
136,137
104,074
126,170
112,099
109,239
90,903
102,900
199,161
76,558
58,353
91,432
96,445
97,971
134,785
140,933
125,969
144,564
103,842
115,151
108,535
117,196
115,111
137,272
162,797
208,538
175,376
216,589
201,138
194,289
120,342
150,376
168,445
200,558
153,146
164,601
211,315
179,067
108,753
137,266
161,788
185,772
122,575
147,205
168,746
150,079
103,474
121,128
149,669
192,067
164,507
201,205
320,960
330,609
293,599
310,806
381,560
432,683
412,763
400,542
607,605
485,919
396,649
405,310
320,933
248,367
174,815
190,039
202,985
233,365

233,365

202,985

190,039

174,815

248,367

320,933

405,310

396,649

485,919

607,605

400,542

412,763

432,683

381,560

310,806

293,599

330,609

320,960

201,205

164,507

192,067

149,669

121,128

103,474

150,079

168,746

147,205

122,575

185,772

161,788

137,266

108,753

179,067

211,315

164,601

153,146

200,558

168,445

150,376

120,342

194,289

201,138

216,589

175,376

208,538

162,797

137,272

115,111

117,196

108,535

115,151

103,842

144,564

125,969

140,933

134,785

97,971

96,445

91,432

58,353

76,558

199,161

102,900

90,903

109,239

112,099

126,170

104,074

136,137

127,582

137,880

118,361

134,734

131,584

119,610

96,856

121,383

113,878

119,824

101,401

114,202

132,962

168,190

122,813

139,156

98,470

76,578

69,830

60,706

59,762

70,734

44,985

35,728

34,359

42,257

30,738

36,803

41,200

42,200

47,200

44,883

43,100

35,800

27,400

30,391

22,100

25,500

18,700

18,484

20,800

21,300

16,700

16,698

19,300

15,900

11,000

16,200

12,800

14,300

16,800

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
28,238
0
0
0
31,946
0
0
0
35,761
0
0
0
59,446
0
0
0
67,455
57,604
51,228
64,221
53,748
48,914
52,815
61,031
56,267
52,946
58,591
63,314
50,673
52,117
50,610
118,986
153,322
146,756
171,307
192,014
181,195
194,135
201,852
219,922
206,717
176,404
147,324
168,628
161,711
147,419
133,270
105,530
79,780
77,648
57,212
54,735
37,120
28,096
32,310
30,519
24,194
23,284
27,953
27,881
33,457
32,789
39,838
32,472
33,137
32,952
27,947
37,052
37,025
36,146
36,889
37,274
38,336
34,719
38,992
37,016
25,042
25,289
22,666
21,882
619,556
668,372
678,080
683,759
653,742
679,035
677,854
703,116
733,818
24,400
23,642
23,954
22,950
23,473
23,064
22,692
23,527
19,233
20,560
21,288
20,678
17,855
17,628
17,198
17,650
18,054
17,282
18,077
24,318
26,407
26,566
37,238
39,023

39,023

37,238

26,566

26,407

24,318

18,077

17,282

18,054

17,650

17,198

17,628

17,855

20,678

21,288

20,560

19,233

23,527

22,692

23,064

23,473

22,950

23,954

23,642

24,400

733,818

703,116

677,854

679,035

653,742

683,759

678,080

668,372

619,556

21,882

22,666

25,289

25,042

37,016

38,992

34,719

38,336

37,274

36,889

36,146

37,025

37,052

27,947

32,952

33,137

32,472

39,838

32,789

33,457

27,881

27,953

23,284

24,194

30,519

32,310

28,096

37,120

54,735

57,212

77,648

79,780

105,530

133,270

147,419

161,711

168,628

147,324

176,404

206,717

219,922

201,852

194,135

181,195

192,014

171,307

146,756

153,322

118,986

50,610

52,117

50,673

63,314

58,591

52,946

56,267

61,031

52,815

48,914

53,748

64,221

51,228

57,604

67,455

59,446

35,761

31,946

28,238

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,500
28,700
27,900
24,100
26,100
29,800
29,300
28,300
26,000
26,900
25,100
26,000
26,000
0
0
0
32,700
0
0
0
29,400
0
0
0
7,242
0
0
0
31,616
30,900
33,900
33,500
31,868
0
0
37,700
46,732
43,300
44,200
42,500
48,580
99,036
94,832
92,590
57,039
51,678
55,554
44,749
52,036
44,609
47,573
54,448
69,041
61,360
69,957
71,101
79,025
66,202
69,625
64,605
80,277
73,985
86,723
86,097
88,662
86,041
53,635
95,936
110,467
106,449
116,729
121,686
129,762
88,408
130,989
143,223
107,568
82,848
97,447
93,497
125,282
67,960
89,024
83,408
78,682
90,940
76,446
87,847
88,761
87,234
98,039
105,632
100,688
85,653
83,417
98,618
104,667
104,690
101,263
118,479
98,674
111,616
97,662
87,065
81,671
84,470
78,078
75,077
71,776
75,049
80,443
84,100
78,516
80,733
81,247
75,354
71,462
76,270
87,986
79,358
72,003
60,095
66,857
79,281
87,812
97,129
116,837
114,310
119,340
115,785
123,080
116,859
117,723
130,867
129,091
114,711
124,904

124,904

114,711

129,091

130,867

117,723

116,859

123,080

115,785

119,340

114,310

116,837

97,129

87,812

79,281

66,857

60,095

72,003

79,358

87,986

76,270

71,462

75,354

81,247

80,733

78,516

84,100

80,443

75,049

71,776

75,077

78,078

84,470

81,671

87,065

97,662

111,616

98,674

118,479

101,263

104,690

104,667

98,618

83,417

85,653

100,688

105,632

98,039

87,234

88,761

87,847

76,446

90,940

78,682

83,408

89,024

67,960

125,282

93,497

97,447

82,848

107,568

143,223

130,989

88,408

129,762

121,686

116,729

106,449

110,467

95,936

53,635

86,041

88,662

86,097

86,723

73,985

80,277

64,605

69,625

66,202

79,025

71,101

69,957

61,360

69,041

54,448

47,573

44,609

52,036

44,749

55,554

51,678

57,039

92,590

94,832

99,036

48,580

42,500

44,200

43,300

46,732

37,700

31,868

33,500

33,900

30,900

31,616

7,242

29,400

32,700

26,000

25,100

26,900

26,000

28,300

29,300

29,800

26,100

24,100

27,900

28,700

28,500

Other Current 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
249,800
0
0
0
263,881
0
283,200
310,400
233,644
282,200
285,700
299,100
247,468
354,200
364,700
338,100
261,603
343,800
365,100
363,500
277,031
230,406
234,520
241,856
300,094
304,612
304,203
361,279
365,270
371,201
379,528
400,100
413,021
442,039
459,427
488,828
486,538
509,640
498,710
533,458
531,061
587,449
626,981
639,432
612,766
665,261
735,548
720,073
656,839
738,346
754,013
780,193
716,512
831,980
-308,196,838
1,009,681
846,735
874,723
925,872
920,423
753,490
882,994
659,060
223,247
530,448
671,924
675,322
667,422
560,019
699,420
1,371,773
1,405,300
421,857
-71,427
-73,462
-82,665
-48,930
-607,648
-670,306
-684,092
-38,020
-684,192
-664,445
-108,947
507,924
-126,479
-120,110
-115,145
538,336
-97,885
551,227
-107,534
607,306
540,635
532,994
525,114
507,615
490,372
468,773
-79,358
-71,743
-60,095
310,407,777
381,077,871
-108,490
-118,497
55,409
37,537
55,055
20,300
644,101
-277,438
-186,232
395,303
434,643
458,762
397,292

397,292

458,762

434,643

395,303

-186,232

-277,438

644,101

20,300

55,055

37,537

55,409

-118,497

-108,490

381,077,871

310,407,777

-60,095

-71,743

-79,358

468,773

490,372

507,615

525,114

532,994

540,635

607,306

-107,534

551,227

-97,885

538,336

-115,145

-120,110

-126,479

507,924

-108,947

-664,445

-684,192

-38,020

-684,092

-670,306

-607,648

-48,930

-82,665

-73,462

-71,427

421,857

1,405,300

1,371,773

699,420

560,019

667,422

675,322

671,924

530,448

223,247

659,060

882,994

753,490

920,423

925,872

874,723

846,735

1,009,681

-308,196,838

831,980

716,512

780,193

754,013

738,346

656,839

720,073

735,548

665,261

612,766

639,432

626,981

587,449

531,061

533,458

498,710

509,640

486,538

488,828

459,427

442,039

413,021

400,100

379,528

371,201

365,270

361,279

304,203

304,612

300,094

241,856

234,520

230,406

277,031

363,500

365,100

343,800

261,603

338,100

364,700

354,200

247,468

299,100

285,700

282,200

233,644

310,400

283,200

263,881

249,800

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,500
17,500
17,700
17,400
20,800
16,000
15,700
15,800
19,100
15,800
16,200
17,000
21,000
0
0
0
38,800
34,900
38,200
25,400
29,800
39,900
44,200
45,200
35,300
45,300
63,600
43,900
67,682
44,800
46,200
48,400
72,203
50,400
50,400
52,700
85,817
63,100
69,500
76,600
105,872
107,488
111,873
112,811
116,839
125,625
126,507
127,859
143,584
139,755
143,311
147,290
170,382
177,962
186,951
189,503
198,780
220,995
237,348
242,417
279,437
245,495
248,531
252,348
318,272
288,191
286,528
294,314
393,053
324,252
330,061
329,086
406,681
316,729
309,276,000
297,198
381,245
298,194
219,857
219,474
368,223
215,868
215,584
215,351
354,055
214,828
214,567
223,818
357,028
225,277
-454,083
-472,923
523,069
514,857
506,461
530,107
1,037,696
1,065,949
1,170,912
1,175,908
1,106,224
1,178,365
1,152,608
553,501
513,218
569,332
563,271
554,253
523,601
529,194
556,077
554,517
545,522
602,286
598,888
596,338
578,836
687,688
696,011
1,215,539
1,238,389
1,195,034
-309,205,766
-379,739,811
468,859
513,350
1,577,918
1,598,855
1,616,698
2,168,065
2,140,521
-35,249
-35,407
2,283,625
2,269,194
2,252,021
2,305,569

2,305,569

2,252,021

2,269,194

2,283,625

-35,407

-35,249

2,140,521

2,168,065

1,616,698

1,598,855

1,577,918

513,350

468,859

-379,739,811

-309,205,766

1,195,034

1,238,389

1,215,539

696,011

687,688

578,836

596,338

598,888

602,286

545,522

554,517

556,077

529,194

523,601

554,253

563,271

569,332

513,218

553,501

1,152,608

1,178,365

1,106,224

1,175,908

1,170,912

1,065,949

1,037,696

530,107

506,461

514,857

523,069

-472,923

-454,083

225,277

357,028

223,818

214,567

214,828

354,055

215,351

215,584

215,868

368,223

219,474

219,857

298,194

381,245

297,198

309,276,000

316,729

406,681

329,086

330,061

324,252

393,053

294,314

286,528

288,191

318,272

252,348

248,531

245,495

279,437

242,417

237,348

220,995

198,780

189,503

186,951

177,962

170,382

147,290

143,311

139,755

143,584

127,859

126,507

125,625

116,839

112,811

111,873

107,488

105,872

76,600

69,500

63,100

85,817

52,700

50,400

72,203

48,400

46,200

44,800

67,682

43,900

63,600

45,300

35,300

45,200

44,200

39,900

29,800

25,400

38,200

34,900

38,800

21,000

17,000

16,200

15,800

19,100

15,800

15,700

16,000

20,800

17,400

17,700

17,500

21,500

Property Plant Equipment

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,000
17,500
17,700
17,400
16,600
16,000
15,700
15,800
15,400
15,800
16,200
17,000
17,700
35,700
36,100
37,300
35,100
34,900
38,200
25,400
24,800
39,900
44,200
45,200
24,271
45,300
47,200
27,600
51,147
28,300
29,400
30,200
53,776
31,100
31,800
33,600
62,202
37,300
40,400
44,500
74,231
72,408
74,849
75,296
80,146
78,277
81,982
82,903
90,613
86,759
87,328
89,908
103,497
105,183
107,585
112,630
119,696
123,340
128,161
130,405
137,813
137,864
140,927
142,042
147,380
152,310
160,927
160,063
173,307
175,121
178,980
179,963
180,700
169,801
165,438
87,165
161,896
156,007
152,326
149,562
149,054
146,995
143,997
140,908
138,966
137,740
137,797
135,723
133,843
135,053
134,777
133,167
132,074
132,959
130,467
134,076
131,088
130,098
130,976
152,229
152,132
150,822
152,502
148,558
147,112
150,046
151,280
148,310
145,819
147,153
145,432
143,266
141,259
142,662
141,060
139,208
135,531
235,876
234,168
231,271
222,116
218,841
222,849
233,864
231,013
237,431
240,052
250,479
283,893
290,270
284,278
284,281
282,727
282,230
283,288
280,483
271,573

271,573

280,483

283,288

282,230

282,727

284,281

284,278

290,270

283,893

250,479

240,052

237,431

231,013

233,864

222,849

218,841

222,116

231,271

234,168

235,876

135,531

139,208

141,060

142,662

141,259

143,266

145,432

147,153

145,819

148,310

151,280

150,046

147,112

148,558

152,502

150,822

152,132

152,229

130,976

130,098

131,088

134,076

130,467

132,959

132,074

133,167

134,777

135,053

133,843

135,723

137,797

137,740

138,966

140,908

143,997

146,995

149,054

149,562

152,326

156,007

161,896

87,165

165,438

169,801

180,700

179,963

178,980

175,121

173,307

160,063

160,927

152,310

147,380

142,042

140,927

137,864

137,813

130,405

128,161

123,340

119,696

112,630

107,585

105,183

103,497

89,908

87,328

86,759

90,613

82,903

81,982

78,277

80,146

75,296

74,849

72,408

74,231

44,500

40,400

37,300

62,202

33,600

31,800

31,100

53,776

30,200

29,400

28,300

51,147

27,600

47,200

45,300

24,271

45,200

44,200

39,900

24,800

25,400

38,200

34,900

35,100

37,300

36,100

35,700

17,700

17,000

16,200

15,800

15,400

15,800

15,700

16,000

16,600

17,400

17,700

17,500

18,000

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
11,029
0
0
0
16,535
0
0
0
18,427
0
0
0
23,615
0
0
0
31,641
35,080
37,024
37,515
36,693
47,348
44,525
44,956
52,971
52,996
55,983
57,382
66,885
72,779
79,366
76,873
79,084
97,655
109,187
112,012
124,636
142,840
146,424
151,909
155,624
181,443
178,844
188,435
204,302
202,348
207,035
207,883
208,824
209,628
209,879
210,033
210,901
212,651
212,651
212,763
212,763
206,933
206,933
206,861
206,861
206,861
206,861
216,277
214,492
217,042
216,602
216,744
220,955
220,983
220,983
230,282
231,838
231,838
273,176
247,985
251,868
255,620
253,239
218,652
217,722
217,722
217,722
217,921
217,094
217,094
234,667
231,428
231,428
242,736
242,736
247,190
248,890
248,890
248,890
248,890
248,890
249,946
279,857
382,235
431,477
480,159
549,991
536,176
924,837
932,556
964,212
961,726
1,072,982
1,094,406
1,074,678
1,072,022
1,072,129

1,072,129

1,072,022

1,074,678

1,094,406

1,072,982

961,726

964,212

932,556

924,837

536,176

549,991

480,159

431,477

382,235

279,857

249,946

248,890

247,190

242,736

231,428

234,667

217,094

217,921

217,722

218,652

253,239

255,620

251,868

247,985

273,176

231,838

230,282

220,983

220,955

216,744

216,602

217,042

214,492

216,277

206,861

206,933

212,763

212,651

210,901

210,033

209,879

209,628

208,824

207,883

207,035

202,348

204,302

188,435

178,844

181,443

155,624

151,909

146,424

142,840

124,636

112,012

109,187

97,655

79,084

76,873

79,366

72,779

66,885

57,382

55,983

52,996

52,971

44,956

44,525

47,348

36,693

37,515

37,024

35,080

31,641

23,615

18,427

16,535

11,029

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
19,633
20,291
23,291
17,456
17,410
18,397
17,832
16,988
14,508
12,974
12,528
12,028
11,024
10,698
10,480
10,374
10,507
10,257
10,198
9,935
10,035
9,625
9,796
9,423
9,536
9,302
9,202
9,013
8,985
8,360
182,378
8,611
8,455
5,965
167,819
5,579
5,976
6,851
194,558
20,537
729,026
717,917
696,864
710,469
704,537
687,704
734,401
716,162
706,719
697,977
723,179

723,179

697,977

706,719

716,162

734,401

687,704

704,537

710,469

696,864

717,917

729,026

20,537

194,558

6,851

5,976

5,579

167,819

5,965

8,455

8,611

182,378

8,360

8,985

9,013

9,202

9,302

9,536

9,423

9,796

9,625

10,035

9,935

10,198

10,257

10,507

10,374

10,480

10,698

11,024

12,028

12,528

12,974

14,508

16,988

17,832

18,397

17,410

17,456

23,291

20,291

19,633

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,500
0
0
0
4,200
0
0
0
3,700
0
0
0
3,300
0
0
0
3,700
0
0
0
5,000
0
0
0
0
0
16,400
16,300
0
16,500
16,800
18,200
0
19,300
18,600
19,100
0
25,800
29,100
32,100
0
61,535
64,271
65,324
69,184
80,872
82,071
82,624
90,686
90,795
95,402
97,617
106,921
114,111
121,189
118,666
122,300
143,128
158,985
164,121
16,988
18,901
16,728
15,527
15,268
15,968
14,683
14,593
15,444
20,902
19,627
18,107
17,157
15,950
12,986
222,032
8,448
7,720
7,206
6,711
6,406
8,935
8,651
8,490
8,228
7,967
7,706
7,541
8,693
8,235
7,796
7,400
7,015
6,648
5,885
5,576
13,050
12,296
11,572
31,253
26,311
24,474
22,680
20,061
18,075
16,622
15,209
14,307
10,890
9,975
9,317
10,673
9,734
12,301
11,138
10,843
9,727
8,518
7,340
6,303
4,623
4,495
3,843
22,002
37,382
38,912
36,798
72,549
229,804
230,245
187,494
174,430
199,084
190,827
204,509
201,539
193,196

193,196

201,539

204,509

190,827

199,084

174,430

187,494

230,245

229,804

72,549

36,798

38,912

37,382

22,002

3,843

4,495

4,623

6,303

7,340

8,518

9,727

10,843

11,138

12,301

9,734

10,673

9,317

9,975

10,890

14,307

15,209

16,622

18,075

20,061

22,680

24,474

26,311

31,253

11,572

12,296

13,050

5,576

5,885

6,648

7,015

7,400

7,796

8,235

8,693

7,541

7,706

7,967

8,228

8,490

8,651

8,935

6,406

6,711

7,206

7,720

8,448

222,032

12,986

15,950

17,157

18,107

19,627

20,902

15,444

14,593

14,683

15,968

15,268

15,527

16,728

18,901

16,988

164,121

158,985

143,128

122,300

118,666

121,189

114,111

106,921

97,617

95,402

90,795

90,686

82,624

82,071

80,872

69,184

65,324

64,271

61,535

32,100

29,100

25,800

19,100

18,600

19,300

18,200

16,800

16,500

16,300

16,400

5,000

3,700

3,300

3,700

4,200

3,500

Other Assets

0
132,000
0
0
0
178,500
0
0
0
182,400
0
0
0
193,900
0
0
0
147,800
150,900
158,200
162,300
154,400
152,200
159,000
166,000
174,000
178,500
184,400
191,200
204,900
251,400
265,700
283,700
242,400
264,100
268,100
285,200
0
271,600
275,000
284,500
0
296,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
341,459
346,207
353,475
361,300
385,484
386,274
443,903
445,536
461,996
474,930
497,717
493,844
556,150
580,616
607,494
588,769
652,768
657,695
697,579
701,539
749,190
790,133
806,868
811,494
870,762
891,312
932,053
892,664
969,926
989,655
1,016,387
975,068
1,019,016
992,751
1,074,017
1,097,849
1,085,182
1,059,988
1,056,487
1,017,427
996,456
795,301
804,674
778,243
781,040
813,700
798,507
800,230
804,147
802,785
850,253
198
835,589
808,287
855,485
889,033
947,821
1,012,784
980,395
931,972
950,361
933,938
899,128
922,517
948,605
957,723
963,898
937,787
973,701
1,009,704
1,025,703
1,049,714
1,028,582
57,718
57,356
50,683
51,452
4,575
47,668
42,273
46,100
46,386
44,100
1,077,033
1,120,206
3,746,252
-238,503,350
573,755
62,435
69,149
2,562,278
2,569,110
63,346
62,948
62,115
0

62,115

62,948

63,346

2,569,110

2,562,278

69,149

62,435

573,755

-238,503,350

3,746,252

1,120,206

1,077,033

44,100

46,386

46,100

42,273

47,668

4,575

51,452

50,683

57,356

57,718

1,028,582

1,049,714

1,025,703

1,009,704

973,701

937,787

963,898

957,723

948,605

922,517

899,128

933,938

950,361

931,972

980,395

1,012,784

947,821

889,033

855,485

808,287

835,589

198

850,253

802,785

804,147

800,230

798,507

813,700

781,040

778,243

804,674

795,301

996,456

1,017,427

1,056,487

1,059,988

1,085,182

1,097,849

1,074,017

992,751

1,019,016

975,068

1,016,387

989,655

969,926

892,664

932,053

891,312

870,762

811,494

806,868

790,133

749,190

701,539

697,579

657,695

652,768

588,769

607,494

580,616

556,150

493,844

497,717

474,930

461,996

445,536

443,903

386,274

385,484

361,300

353,475

346,207

341,459

296,200

284,500

275,000

271,600

285,200

268,100

264,100

242,400

283,700

265,700

251,400

204,900

191,200

184,400

178,500

174,000

166,000

159,000

152,200

154,400

162,300

158,200

150,900

147,800

193,900

182,400

178,500

132,000

> Total Liabilities

0
56,300
0
0
0
71,700
0
0
0
67,200
0
0
0
77,100
0
0
0
78,900
80,000
86,100
85,400
83,600
85,300
89,600
94,400
100,700
101,400
103,600
107,300
119,000
117,100
125,900
136,400
152,600
156,300
160,100
160,700
164,100
160,400
168,000
175,200
171,942
176,300
180,800
183,000
188,107
183,300
191,000
195,800
203,795
210,000
216,300
220,100
232,535
221,400
232,600
230,100
244,144
235,322
243,003
247,961
261,458
265,617
284,079
268,126
274,090
264,781
272,878
302,974
337,785
329,833
358,823
383,004
397,259
395,820
426,432
448,291
481,558
479,990
522,303
539,453
576,156
547,156
559,676
585,097
638,673
603,567
632,536
638,338
672,205
660,285
660,529
874,872
942,157
880,893
901,265
920,160
907,094
874,776
684,628
680,433
692,873
668,660
672,696
669,706
692,684
679,755
699,011
713,179
711,003
641,541
637,994
661,706
662,969
624,069
696,377
714,459
692,025
674,041
672,538
674,163
684,459
675,957
695,609
701,366
692,876
658,868
691,667
730,574
727,076
695,325
691,661
693,695
693,104
763,406
776,212
799,307
839,026
770,791
812,902
869,320
966,169
994,908
1,032,261
1,158,805
1,518,627
1,436,199
1,395,521
1,347,959
1,367,614
622,892
620,138
611,296
1,324,312

1,324,312

611,296

620,138

622,892

1,367,614

1,347,959

1,395,521

1,436,199

1,518,627

1,158,805

1,032,261

994,908

966,169

869,320

812,902

770,791

839,026

799,307

776,212

763,406

693,104

693,695

691,661

695,325

727,076

730,574

691,667

658,868

692,876

701,366

695,609

675,957

684,459

674,163

672,538

674,041

692,025

714,459

696,377

624,069

662,969

661,706

637,994

641,541

711,003

713,179

699,011

679,755

692,684

669,706

672,696

668,660

692,873

680,433

684,628

874,776

907,094

920,160

901,265

880,893

942,157

874,872

660,529

660,285

672,205

638,338

632,536

603,567

638,673

585,097

559,676

547,156

576,156

539,453

522,303

479,990

481,558

448,291

426,432

395,820

397,259

383,004

358,823

329,833

337,785

302,974

272,878

264,781

274,090

268,126

284,079

265,617

261,458

247,961

243,003

235,322

244,144

230,100

232,600

221,400

232,535

220,100

216,300

210,000

203,795

195,800

191,000

183,300

188,107

183,000

180,800

176,300

171,942

175,200

168,000

160,400

164,100

160,700

160,100

156,300

152,600

136,400

125,900

117,100

119,000

107,300

103,600

101,400

100,700

94,400

89,600

85,300

83,600

85,400

86,100

80,000

78,900

77,100

67,200

71,700

56,300

> Total Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,200
12,600
14,300
12,600
7,200
13,900
13,300
13,500
7,000
13,000
10,200
7,700
3,200
0
0
0
3,000
0
0
0
0
0
0
0
20,559
0
0
0
24,614
0
0
0
32,789
0
0
0
47,952
15,500
15,900
19,100
59,499
22,232
25,605
28,954
32,543
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64
0
79
88,413,000
472,900
487,400
508,200
546,400
514,700
537,500
544,300
579,200
559,100
558,500
554,200
602,400
564,100
607,100
629,600
635,100
614,000
620,500
622,400
632,900
607,800
614,000
604,500
629,700
620,700
641,200
656,100
651,200
618,500
621,900
646,300
637,900
600,000
611,000
630,200
628,100
615,600
598,200
600,300
589,900
567,000
576,100
578,100
593,700
565,100
583,200
599,200
624,400
592,100
589,900
593,100
591,369
669,229
681,623
704,551
738,563
673,502
717,427
248,039,000
326,953
338,346
127,662
275,276
454,106
233,135
515,000
25,000
460,328
533,415
524,141
521,395
528,269

528,269

521,395

524,141

533,415

460,328

25,000

515,000

233,135

454,106

275,276

127,662

338,346

326,953

248,039,000

717,427

673,502

738,563

704,551

681,623

669,229

591,369

593,100

589,900

592,100

624,400

599,200

583,200

565,100

593,700

578,100

576,100

567,000

589,900

600,300

598,200

615,600

628,100

630,200

611,000

600,000

637,900

646,300

621,900

618,500

651,200

656,100

641,200

620,700

629,700

604,500

614,000

607,800

632,900

622,400

620,500

614,000

635,100

629,600

607,100

564,100

602,400

554,200

558,500

559,100

579,200

544,300

537,500

514,700

546,400

508,200

487,400

472,900

88,413,000

32,543

28,954

25,605

22,232

59,499

19,100

15,900

15,500

47,952

32,789

24,614

20,559

3,000

3,200

7,700

10,200

13,000

7,000

13,500

13,300

13,900

7,200

12,600

14,300

12,600

8,200

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,200
12,600
14,300
12,600
7,200
13,900
13,300
13,500
7,000
13,000
10,200
7,700
3,200
0
0
0
3,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,600
0
0
0
7,300
15,500
15,900
19,100
19,100
22,232
25,605
28,954
32,543
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64
0
79
88,413,000
93,100
91,274
94,626
109,549
106
113
110
108,714
116,223,000
116,799,000
334,861
222,684
221,794
221,596
221,405
202,007
256,586
64,251
64,294
8,784
9,117
7,321
13,522
11,722
7,432
6,948
6,490
6,481
6,426,000
5,891,000
5,434,000
0
4,315,000
65,456,000
64,080,000
71,180
65,229,000
82,711,000
82,051,000
102,399
115,905,000
127,690,000
131,135,000
92,875
100,845,000
116,331,000
138,557,000
98,875,000
108,595,000
107,657,000
106,440,000
98,875
0
0
0
98,875
0
0
101,256
98,875
125,572
127,662
275,276
454,106
0
-562,681
-547,214
460,328
0
0
0
457,519

457,519

460,328

-547,214

-562,681

454,106

275,276

127,662

125,572

98,875

101,256

98,875

106,440,000

107,657,000

108,595,000

98,875,000

138,557,000

116,331,000

100,845,000

92,875

131,135,000

127,690,000

115,905,000

102,399

82,051,000

82,711,000

65,229,000

71,180

64,080,000

65,456,000

4,315,000

5,434,000

5,891,000

6,426,000

6,481

6,490

6,948

7,432

11,722

13,522

7,321

9,117

8,784

64,294

64,251

256,586

202,007

221,405

221,596

221,794

222,684

334,861

116,799,000

116,223,000

108,714

110

113

106

109,549

94,626

91,274

93,100

88,413,000

32,543

28,954

25,605

22,232

19,100

15,900

15,500

7,300

7,600

3,000

3,200

7,700

10,200

13,000

7,000

13,500

13,300

13,900

7,200

12,600

14,300

12,600

8,200

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,180
0
0
0
102,399
0
0
0
106,808
100,845
116,331
138,557
109,312
108,595
107,657
0
0
0
0
0
98,875
0
0
0
98,875
0
0
0
0
0
0
0
0
0
0
0
0

98,875

107,657

108,595

109,312

138,557

116,331

100,845

106,808

102,399

71,180

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,559
0
0
0
24,614
0
0
0
25,189
0
0
0
40,652
0
0
0
40,399
29,264
31,096
34,056
38,617
33,086
50,794
52,418
57,752
45,869
46,288
56,766
82,248
62,510
72,617
79,164
82,147
68,468
82,673
91,663
101,544
83,376
103,833
111,106
125,255
96,337
99,772
109,848
130,589
94,726
104,666
98,972
108,658
89,639
93,501
92,933
110,769
92,376
98,484
96,394
101,881
91,423
94,863
99,599
95,666
70,495
75,598
76,261
-27,449
76,412
85,839
89,753
-9,126
95,947
100,764
106,881
119,961
96,120
108,960
122,006
117,583
97,593
102,111
109,931
118,082
91,307
94,788
99,551
115,640
88,401
97,095
95,283
117,740
90,932
94,057
97,233
109,283
71,621
85,436
103,886
126,779
84,974
108,394
143,207
225,180
212,774
229,054
209,144
287,326
233,135
200,294
184,065
196,541
163,001
167,564
177,180
190,054

190,054

177,180

167,564

163,001

196,541

184,065

200,294

233,135

287,326

209,144

229,054

212,774

225,180

143,207

108,394

84,974

126,779

103,886

85,436

71,621

109,283

97,233

94,057

90,932

117,740

95,283

97,095

88,401

115,640

99,551

94,788

91,307

118,082

109,931

102,111

97,593

117,583

122,006

108,960

96,120

119,961

106,881

100,764

95,947

-9,126

89,753

85,839

76,412

-27,449

76,261

75,598

70,495

95,666

99,599

94,863

91,423

101,881

96,394

98,484

92,376

110,769

92,933

93,501

89,639

108,658

98,972

104,666

94,726

130,589

109,848

99,772

96,337

125,255

111,106

103,833

83,376

101,544

91,663

82,673

68,468

82,147

79,164

72,617

62,510

82,248

56,766

46,288

45,869

57,752

52,418

50,794

33,086

38,617

34,056

31,096

29,264

40,399

40,652

25,189

24,614

20,559

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-8,200
-12,600
-14,300
-12,600
-7,200
-13,900
-13,300
-13,500
-7,000
-13,000
-10,200
-7,700
-3,200
0
0
0
-3,000
0
0
0
0
0
0
0
-20,559
0
0
0
-24,614
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
379,800
396,126
413,574
436,851
514,594
537,387
544,190
470,486
-115,663,900
-116,240,500
219,339
379,716
342,306
385,504
408,195
433,093
357,414
556,249
558,106
624,116
598,683
606,679
590,978
617,978
613,268
634,252
649,610
651,200
-5,807,500
-5,269,100
-4,787,700
637,900
-3,715,000
-64,845,000
-63,449,800
628,100
-64,613,400
-82,112,800
-81,450,700
595,700
-115,338,000
-127,113,900
-130,556,900
500,825
-100,279,900
-115,747,800
-137,957,800
-98,250,600
-108,002,900
-107,067,100
-105,846,900
492,494
669,229
681,623
704,551
639,688
673,502
717,427
248,039,000
2,898
338,346
127,662
0
0
0
362,387
363,149
352,907
370,414
356,577
344,215
338,215

338,215

344,215

356,577

370,414

352,907

363,149

362,387

127,662

338,346

2,898

248,039,000

717,427

673,502

639,688

704,551

681,623

669,229

492,494

-105,846,900

-107,067,100

-108,002,900

-98,250,600

-137,957,800

-115,747,800

-100,279,900

500,825

-130,556,900

-127,113,900

-115,338,000

595,700

-81,450,700

-82,112,800

-64,613,400

628,100

-63,449,800

-64,845,000

-3,715,000

637,900

-4,787,700

-5,269,100

-5,807,500

651,200

649,610

634,252

613,268

617,978

590,978

606,679

598,683

624,116

558,106

556,249

357,414

433,093

408,195

385,504

342,306

379,716

219,339

-116,240,500

-115,663,900

470,486

544,190

537,387

514,594

436,851

413,574

396,126

379,800

-24,614

-20,559

-3,000

-3,200

-7,700

-10,200

-13,000

-7,000

-13,500

-13,300

-13,900

-7,200

-12,600

-14,300

-12,600

-8,200

> Long-term Liabilities

0
0
0
0
0
5,500
0
0
0
5,000
0
0
0
7,300
0
0
0
5,300
0
0
0
6,600
0
0
0
6,800
0
0
0
4,200
7,800
6,600
6,000
3,400
6,300
5,800
6,000
7,900
7,600
14,300
15,900
12,589
13,100
12,400
12,200
12,324
12,700
15,000
17,800
11,487
21,500
19,600
16,600
8,894
0
0
0
-46
0
0
0
0
40,806
41,436
16,614
13,794
12,306
16,624
24,850
25,479
29,699
38,057
45,361
47,023
52,923
63,562
64,474
39
90,269
98,803
103,581
70
93,100
91,300
94,600
109,500
106,100
112,700
110,300
108,700
116,200
116,800
334,900
358,000
329,900
308,100
303,900
285,800
273,900
78,200
70,600
73,100
73,500
71,700
78,000
76,200
72,000
71,500
71,100
71,200
34,200
27,800
27,100
32,900
31,500
92,600
91,300
71,200
65,200
82,700
82,100
102,400
115,900
127,700
131,100
106,800
100,800
116,300
138,600
109,300
108,600
107,700
106,400
108,036
99,283
100,429
101,041
106,916
102,613
101,702
-25,830
-76,513
-65,131
278,224
415,110
681,687
642,346
632,546
25,000
460,328
622,892
620,138
611,296
796,043

796,043

611,296

620,138

622,892

460,328

25,000

632,546

642,346

681,687

415,110

278,224

-65,131

-76,513

-25,830

101,702

102,613

106,916

101,041

100,429

99,283

108,036

106,400

107,700

108,600

109,300

138,600

116,300

100,800

106,800

131,100

127,700

115,900

102,400

82,100

82,700

65,200

71,200

91,300

92,600

31,500

32,900

27,100

27,800

34,200

71,200

71,100

71,500

72,000

76,200

78,000

71,700

73,500

73,100

70,600

78,200

273,900

285,800

303,900

308,100

329,900

358,000

334,900

116,800

116,200

108,700

110,300

112,700

106,100

109,500

94,600

91,300

93,100

103,581

98,803

90,269

64,474

63,562

52,923

47,023

45,361

38,057

29,699

25,479

24,850

16,624

12,306

13,794

16,614

41,436

40,806

-46

8,894

16,600

19,600

21,500

11,487

17,800

15,000

12,700

12,324

12,200

12,400

13,100

12,589

15,900

14,300

7,600

7,900

6,000

5,800

6,300

3,400

6,000

6,600

7,800

4,200

6,800

6,600

5,300

7,300

5,000

5,500

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,746
77,991
76,235
71,988
71,548
71,134
71,168
34,193
33,680
32,532
32,946
31,456
92,618
91,263
65,562
65,229
82,711
82,051
102,399
115,905
127,690
131,135
106,808
100,845
116,331
138,557
109,312
108,595
107,657
106,440
108,036
105,043
105,404
105,371
110,632
102,613
101,702
101,256
101,773
125,572
127,662
275,276
483,491
445,936
444,908
446,372
447,006
445,067
445,027
445,158
0

445,158

445,027

445,067

447,006

446,372

444,908

445,936

483,491

275,276

127,662

125,572

101,773

101,256

101,702

102,613

110,632

105,371

105,404

105,043

108,036

106,440

107,657

108,595

109,312

138,557

116,331

100,845

106,808

131,135

127,690

115,905

102,399

82,051

82,711

65,229

65,562

91,263

92,618

31,456

32,946

32,532

33,680

34,193

71,168

71,134

71,548

71,988

76,235

77,991

71,746

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
183,826
186,302
184,951
190,298
191,725
191,849
199,094
202,544
206,606
209,966
221,358
230,058
237,624
248,149
258,479
268,089
274,429
280,197
292,154
300,749
306,345
319,667
324,766
346,704
346,096
358,748
369,427
384,396
390,802
406,121
421,089
441,324
439,109
450,229
447,078
461,532
445,619
478,938
499,274
503,475
492,864
492,162
487,543
495,849
493,240
498,514
489,873
502,611
502,154
510,694
516,315
520,375
508,756
501,069
509,417
506,888
495,250
494,066
491,542
495,395
501,264
481,000
478,629
462,622
466,409
463,238
460,700
462,572
460,142
465,294
475,845
480,990
479,805
14,488
13,152
378,774
17,360
21,142
25,429
395,972
27,289
33,489
35,570
23,852
23,900
551,507
545,321
598,393
602,154
599,847
571,213
576,064
563,646
0
545,489
0

545,489

563,646

576,064

571,213

599,847

602,154

598,393

545,321

551,507

23,900

23,852

35,570

33,489

27,289

395,972

25,429

21,142

17,360

378,774

13,152

14,488

479,805

480,990

475,845

465,294

460,142

462,572

460,700

463,238

466,409

462,622

478,629

481,000

501,264

495,395

491,542

494,066

495,250

506,888

509,417

501,069

508,756

520,375

516,315

510,694

502,154

502,611

489,873

498,514

493,240

495,849

487,543

492,162

492,864

503,475

499,274

478,938

445,619

461,532

447,078

450,229

439,109

441,324

421,089

406,121

390,802

384,396

369,427

358,748

346,096

346,704

324,766

319,667

306,345

300,749

292,154

280,197

274,429

268,089

258,479

248,149

237,624

230,058

221,358

209,966

206,606

202,544

199,094

191,849

191,725

190,298

184,951

186,302

183,826

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,838
25,581
27,449
29,201
30,930
35,977
2,645
2,645
2,481
12,876
3,174
1,243
733
9,648
13,485
9,955
6,716
3,552
1,356
2,336
9,893
9,980
7,856
9,480
12,947
20,889
19,034
15,993
14,488
13,152
14,214
17,360
21,142
25,429
28,719
27,289
33,489
35,570
23,852
23,900
26,524
10,770
48,779
41,436
37,166
23,999
0
30,231
28,462
0
0

28,462

30,231

23,999

37,166

41,436

48,779

10,770

26,524

23,900

23,852

35,570

33,489

27,289

28,719

25,429

21,142

17,360

14,214

13,152

14,488

15,993

19,034

20,889

12,947

9,480

7,856

9,980

9,893

2,336

1,356

3,552

6,716

9,955

13,485

9,648

733

1,243

3,174

12,876

2,481

2,645

35,977

30,930

29,201

27,449

25,581

26,838

> Total Stockholder Equity

0
75,700
0
0
0
106,800
0
0
0
115,200
0
0
0
116,800
0
0
0
115,000
113,100
113,600
114,400
113,900
109,000
110,700
112,000
114,800
116,100
118,200
122,700
128,600
130,100
135,300
142,500
156,200
154,200
155,600
156,900
156,400
157,600
162,600
169,200
174,852
177,300
182,700
187,600
190,990
188,900
196,200
203,300
209,504
217,200
229,600
246,100
260,443
269,500
281,900
286,900
284,924
283,113
285,060
291,251
295,089
303,068
317,939
378,633
394,540
404,222
422,982
450,563
493,592
515,127
564,156
604,254
621,389
636,547
656,538
683,556
697,313
703,106
744,626
772,487
766,313
768,222
782,232
803,783
802,262
799,781
810,076
793,963
754,059
730,412
694,959
655,176
493,842
448,254
440,080
426,863
448,276
422,249
433,870
436,935
435,210
432,975
443,179
452,211
450,214
444,662
468,290
510,654
568,805
609,930
622,757
643,457
655,298
645,154
656,678
659,871
693,185
675,966
658,926
635,953
629,281
621,571
632,777
650,545
641,200
642,093
658,553
665,132
672,211
650,793
660,309
670,944
673,514
673,798
694,987
753,599
747,306
731,751
781,105
943,881
1,005,112
1,041,873
1,129,977
1,207,896
1,282,009
1,312,472
1,347,144
1,344,956
1,362,151
1,352,441
1,358,491
1,351,861
1,371,411

1,371,411

1,351,861

1,358,491

1,352,441

1,362,151

1,344,956

1,347,144

1,312,472

1,282,009

1,207,896

1,129,977

1,041,873

1,005,112

943,881

781,105

731,751

747,306

753,599

694,987

673,798

673,514

670,944

660,309

650,793

672,211

665,132

658,553

642,093

641,200

650,545

632,777

621,571

629,281

635,953

658,926

675,966

693,185

659,871

656,678

645,154

655,298

643,457

622,757

609,930

568,805

510,654

468,290

444,662

450,214

452,211

443,179

432,975

435,210

436,935

433,870

422,249

448,276

426,863

440,080

448,254

493,842

655,176

694,959

730,412

754,059

793,963

810,076

799,781

802,262

803,783

782,232

768,222

766,313

772,487

744,626

703,106

697,313

683,556

656,538

636,547

621,389

604,254

564,156

515,127

493,592

450,563

422,982

404,222

394,540

378,633

317,939

303,068

295,089

291,251

285,060

283,113

284,924

286,900

281,900

269,500

260,443

246,100

229,600

217,200

209,504

203,300

196,200

188,900

190,990

187,600

182,700

177,300

174,852

169,200

162,600

157,600

156,400

156,900

155,600

154,200

156,200

142,500

135,300

130,100

128,600

122,700

118,200

116,100

114,800

112,000

110,700

109,000

113,900

114,400

113,600

113,100

115,000

116,800

115,200

106,800

75,700

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,390
0
0
0
6,741
0
0
0
6,906
0
0
0
7,065
0
0
0
14,696
80,125
81,450
84,590
15,168
87,404
87,932
132,990
17,918
133,825
133,911
133,913
18,057
135,715
137,943
138,290
18,352
143,514
143,589
143,589
18,446
144,389
144,700
144,889
18,480
147,631
148,269
148,215
18,557
149,487
150,127
140,924
18,362
142,682
143,472
143,996
18,472
144,545
145,251
145,439
18,708
146,477
146,827
143,310
18,851
151,711
151,931
151,998
19,656
152,453
152,966
152,900
153,441
193,803
194,064
194,847
194,768
195,108
192,578
179,237
203,563
203,183
179,296
180,275
180,385
181,569
183,853
185,223
180,959
181,371
183,350
182,055
184,026
183,386
184,302
185,432
186,703
187,139
188,300
189,613
188,279
188,773
190,260
300,648
301,937
300,978
301,251
306,257
309,622
311,891
316,224
321,492
324,344
327,823
332,025
337,924
338,451

338,451

337,924

332,025

327,823

324,344

321,492

316,224

311,891

309,622

306,257

301,251

300,978

301,937

300,648

190,260

188,773

188,279

189,613

188,300

187,139

186,703

185,432

184,302

183,386

184,026

182,055

183,350

181,371

180,959

185,223

183,853

181,569

180,385

180,275

179,296

203,183

203,563

179,237

192,578

195,108

194,768

194,847

194,064

193,803

153,441

152,900

152,966

152,453

19,656

151,998

151,931

151,711

18,851

143,310

146,827

146,477

18,708

145,439

145,251

144,545

18,472

143,996

143,472

142,682

18,362

140,924

150,127

149,487

18,557

148,215

148,269

147,631

18,480

144,889

144,700

144,389

18,446

143,589

143,514

18,352

138,290

137,943

135,715

18,057

133,913

133,911

133,825

17,918

132,990

87,932

87,404

15,168

84,590

81,450

80,125

14,696

7,065

6,906

6,741

6,390

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
278,314
282,855
284,097
271,940
296,851
331,519
391,447
394,654
421,553
436,961
452,314
440,208
446,489
470,204
479,733
467,285
478,720
459,644
455,519
437,605
442,163
461,497
471,788
468,844
479,860
483,861
491,698
484,359
499,656
510,068
514,248
500,335
512,467
571,390
564,392
562,445
589,424
637,223
688,819
733,973
819,834
899,528
974,800
1,022,456
1,073,788
1,090,938
0
1,071,320
1,074,458
0
0

1,074,458

1,071,320

1,090,938

1,073,788

1,022,456

974,800

899,528

819,834

733,973

688,819

637,223

589,424

562,445

564,392

571,390

512,467

500,335

514,248

510,068

499,656

484,359

491,698

483,861

479,860

468,844

471,788

461,497

442,163

437,605

455,519

459,644

478,720

467,285

479,733

470,204

446,489

440,208

452,314

436,961

421,553

394,654

391,447

331,519

296,851

271,940

284,097

282,855

278,314

Accumulated Other Comprehensive 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
3,970
0
0
0
1,920
0
0
0
4,536
0
0
0
6,129
0
0
0
-3,656
-3,112
-3,260
-1,559
1,888
4,043
2,948
5,581
4,149
1,819
5,503
11,360
9,344
10,216
15,986
13,670
15,019
16,692
6,646
12,526
13,788
8,661
12,643
8,544
5,628
2,627
288
7,743
8,061
8,894
8,608
15,968
19,842
20,001
12,346
2,015
581
-3,488
9,452
19,743
10,960
12,950
14,793
24,402
13,610
13,220
15,600
20,024
16,681
22,935
21,139
28,901
26,583
24,139
9,806
14,315
10,882
12,504
20,277
13,096
12,555
8,164
3,576
-1,300
-3,957
5,063
9,427
6,491
-8,881
-5,456
-1,991
1,882
-847
-14,286
-20,983
-21,890
-24,771
-11,010
-3,114
-4,738
-2,699
-16,801
4,087
8,676
17,022
9,588
11,558
4,777
253
-19,210
-40,202
-64,808
-51,343
-44,036
-45,326
-58,621
-35,215

-35,215

-58,621

-45,326

-44,036

-51,343

-64,808

-40,202

-19,210

253

4,777

11,558

9,588

17,022

8,676

4,087

-16,801

-2,699

-4,738

-3,114

-11,010

-24,771

-21,890

-20,983

-14,286

-847

1,882

-1,991

-5,456

-8,881

6,491

9,427

5,063

-3,957

-1,300

3,576

8,164

12,555

13,096

20,277

12,504

10,882

14,315

9,806

24,139

26,583

28,901

21,139

22,935

16,681

20,024

15,600

13,220

13,610

24,402

14,793

12,950

10,960

19,743

9,452

-3,488

581

2,015

12,346

20,001

19,842

15,968

8,608

8,894

8,061

7,743

288

2,627

5,628

8,544

12,643

8,661

13,788

12,526

6,646

16,692

15,019

13,670

15,986

10,216

9,344

11,360

5,503

1,819

4,149

5,581

2,948

4,043

1,888

-1,559

-3,260

-3,112

-3,656

6,129

4,536

1,920

3,970

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
132,446
0
152,966
152,900
133,685
193,803
194,064
194,847
171,915
195,108
192,578
179,237
179,205
203,183
179,296
180,275
156,692
181,569
183,853
185,223
157,176
181,371
183,350
182,055
159,954
183,386
184,301
0
162,642
0
0
0
164,217
164,741
166,208
273,576
274,857
273,820
274,074
279,015
282,376
284,524
288,834
294,016
296,861
0
0
0
0

296,861

294,016

288,834

284,524

282,376

279,015

274,074

273,820

274,857

273,576

166,208

164,741

164,217

162,642

184,301

183,386

159,954

182,055

183,350

181,371

157,176

185,223

183,853

181,569

156,692

180,275

179,296

203,183

179,205

179,237

192,578

195,108

171,915

194,847

194,064

193,803

133,685

152,900

152,966

132,446

Treasury Stock

-2,666

-4,330

-4,097

-3,914

-3,905

-3,731

-1,512

-1,104

Other Stockholders Equity

0
19,000
0
0
0
44,700
0
0
0
44,300
0
0
0
45,000
0
0
0
45,000
45,100
45,100
45,100
45,100
45,100
45,100
45,000
45,000
45,100
45,100
45,000
45,000
45,400
45,400
45,400
49,900
43,800
45,200
45,100
43,600
46,600
50,200
53,600
49,915
56,900
-1,075,200
57,800
52,753
57,700
59,900
61,900
57,458
63,900
65,500
68,400
63,015
70,100
71,300
77,900
60,774
-3,112
-4,364
-3,071
69,861
2,531
1,436
4,069
117,876
307
1,772
7,455
122,309
6,311
12,081
9,765
133,930
12,787
2,741
8,621
135,572
-4,244
-4,262
-4,361
122,601
-4,287
-3,626
-4,171
126,107
-4,020
-4,489
-4,129
118,579
-4,096
-3,751
-4,082
121,823
-4,818
-3,878
-4,587
122,452
-4,380
-4,537
-3,928
119,693
-4,109
-3,066
-2,642
129,461
-2,731
-2,527
-2,765
130,603
-2,527
-2,860
-2,351
169,131
-3,162
-2,389
-2,570
176,094
-2,502
-3,090
-2,966
154,069
-2,603
-2,239
-2,175
154,629
-3,122
-2,657
-2,784
157,441
-2,952
-2,649
-2,556
160,205
-2,676
-2,780
-2,404
161,852
-2,467
-2,579
-2,990
289,213
-2,666
-2,666
-2,666
279,710
-2,666
-2,666
-2,666
-2,666
-2,666
-2,666
-2,666
-2,666

-2,666

279,710

-2,666

289,213

-2,990

-2,579

-2,467

161,852

-2,404

-2,780

-2,676

160,205

-2,556

-2,649

-2,952

157,441

-2,784

-2,657

-3,122

154,629

-2,175

-2,239

-2,603

154,069

-2,966

-3,090

-2,502

176,094

-2,570

-2,389

-3,162

169,131

-2,351

-2,860

-2,527

130,603

-2,765

-2,527

-2,731

129,461

-2,642

-3,066

-4,109

119,693

-3,928

-4,537

-4,380

122,452

-4,587

-3,878

-4,818

121,823

-4,082

-3,751

-4,096

118,579

-4,129

-4,489

-4,020

126,107

-4,171

-3,626

-4,287

122,601

-4,361

-4,262

-4,244

135,572

8,621

2,741

12,787

133,930

9,765

12,081

6,311

122,309

7,455

1,772

307

117,876

4,069

1,436

2,531

69,861

-3,071

-4,364

-3,112

60,774

77,900

71,300

70,100

63,015

68,400

65,500

63,900

57,458

61,900

59,900

57,700

52,753

57,800

-1,075,200

56,900

49,915

53,600

50,200

46,600

43,600

45,100

45,200

43,800

49,900

45,400

45,000

45,100

45,000

45,100

45,000

44,300

44,700

19,000

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	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Accounts Payable	190,054	196,541	287,326	225,180	126,779	109,283	117,740	115,640	118,082	117,583	119,961	116,617	86,389	95,666	101,881	110,769	108,658	130,589	125,255	101,544	82,147	82,248	57,752	38,617	40,399	40,652	25,189	24,614	20,559	0	0	0	0	0	0	0	0	-	-
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	-	-
Accumulated Depreciation	0	0	-165,653	-142,038	-151,483	-182,663	-186,279	-173,119	-169,870	-171,914	-191,657	-219,715	-208,077	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	-35,215	-51,343	253	17,022	-2,699	-24,771	-847	-8,881	-3,957	12,555	10,882	26,583	16,681	13,610	10,960	581	19,842	8,061	5,628	13,788	15,019	9,344	4,149	1,888	-3,656	6,129	4,536	1,920	3,970	0	0	0	0	0	0	0	0	-	-
Additional Paid In Capital	0	0	0	0	0	0	159,954	157,176	0	0	663,089	580,372	0	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	135,654	148,003	149,417	119,089	113,843	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	-	-
Capital Stock	27,723	324,344	27,246	27,080	24,062	24,072	0	0	0	0	0	0	0	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	296,861	282,376	274,857	164,217	162,642	159,954	157,176	156,692	179,205	171,915	133,685	132,446	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	233,365	248,367	485,919	432,683	330,609	192,067	150,079	185,772	179,067	200,558	194,289	208,538	117,196	144,564	116,100	86,246	109,239	136,137	134,734	121,383	114,202	139,156	60,706	35,728	36,803	44,883	30,391	18,484	16,698	16,200	0	0	0	0	0	0	0	-	-
Cash And Equivalents	0	248,367	485,919	432,683	330,609	192,067	150,079	185,772	0	0	0	0	0	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	272,388	272,685	503,569	453,361	354,136	215,017	883,897	839,514	798,623	225,600	232,625	245,563	150,333	574,338	140,294	123,366	189,019	297,848	341,451	302,578	267,524	189,829	116,973	89,476	104,258	104,329	66,152	50,430	44,936	16,200	0	0	0	0	0	0	0	-	-
Common Stock	338,451	324,344	309,622	301,937	188,279	186,703	184,026	180,959	180,385	203,563	194,768	153,441	152,102	143,264	145,530	143,811	18,362	18,557	18,480	18,446	18,352	18,057	17,918	15,168	14,696	7,065	6,906	6,741	6,390	0	0	0	0	0	0	0	0	-	-
Common Stock Shares Outstanding	27,520	27,347	27,168	24,913	23,753	23,685	23,597	23,472	23,544	24,710	24,741	24,384	19,131	18,313	18,182	18,092	18,199	18,304	18,246	18,199	17,980	17,836	16,348	14,913	14,606	14,154	13,800	13,500	12,700	12,500	12,400	12,200	12,200	12,184	12,184	12,142	12,094	12,086	8,638
Common Stock Total Equity	0	0	27,246	27,080	24,062	24,072	24,072	23,783	23,693	24,358	22,853	19,756	19,656	18,851	18,708	18,472	18,362	18,557	18,480	18,446	18,352	18,057	17,918	15,168	14,696	7,065	6,906	6,741	6,390	0	0	0	0	0	0	0	0	-	-
Current Deferred Revenue	-457,519	-549,448	-549,614	-126,305	-27,904	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	48,779	23,852	28,719	14,214	19,034	7,856	1,356	13,485	3,174	2,645	27,449	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	-	-
Good Will	1,072,129	1,072,982	924,837	431,477	248,890	248,890	231,428	217,094	217,722	251,868	231,838	220,955	214,492	206,861	212,763	210,901	208,824	204,302	155,624	124,636	79,084	66,885	52,971	36,693	31,641	23,615	18,427	16,535	11,029	0	0	0	0	0	0	0	0	-	-
Intangible Assets	193,196	199,084	229,804	37,382	4,623	9,727	9,734	10,890	18,075	26,311	13,050	7,015	8,693	8,228	6,406	219,349	17,157	15,444	15,268	16,988	122,300	106,921	90,686	69,184	0	0	0	0	0	5,000	3,700	3,300	3,700	4,200	3,500	0	0	-	-
Inventory	-397,292	0	-694,769	-621,573	-494,656	0	-709,355	-631,503	-579,849	0	0	0	0	-396,317	-18,129	-27,192	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Liabilities And Stockholders Equity	2,702,861	2,737,879	2,813,362	1,978,575	1,592,785	1,372,930	1,405,886	1,341,724	1,321,587	1,392,478	1,326,058	1,291,375	1,156,141	1,141,206	1,369,160	1,449,226	1,441,974	1,458,207	1,361,151	1,193,353	1,031,867	842,273	677,863	563,448	535,741	498,481	417,691	383,372	351,359	325,200	313,900	251,900	219,100	201,300	197,800	193,900	182,400	178,500	132,000
Long Term Debt	445,290	447,006	483,491	101,773	110,632	108,036	109,312	106,808	102,399	65,562	32,946	71,168	76,235	70,522	67,583	71,344	82,404	92,469	70,396	39,866	17,329	7,354	6,966	15,439	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Long Term Debt Total	0	447,006	483,491	101,773	110,632	108,036	109,312	106,808	102,399	65,562	32,946	71,168	76,235	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	723,179	734,401	696,864	194,558	167,819	182,378	9,202	9,796	10,198	10,480	12,528	17,832	23,291	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	-	-
Net Debt	347,579	346,642	146,989	-211,821	-106,134	-84,031	-40,767	-78,964	-76,668	-134,996	-161,343	-137,370	-40,961	-71,442	169,690	271,714	-525	-26,588	-64,338	-71,453	-89,619	-124,961	-46,912	-3,185	-17,749	-28,689	-11,304	-6,160	-4,109	-8,300	6,400	7,400	13,800	13,800	13,500	7,300	5,000	5,500	-
Net Invested Capital	1,816,701	1,809,157	1,765,500	1,106,885	857,938	781,561	781,523	0	0	0	0	0	0	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	124,904	117,723	119,340	87,812	72,003	71,462	78,516	71,776	81,671	98,674	104,667	100,688	88,761	78,682	125,282	125,072	129,762	110,467	88,662	80,277	79,025	69,041	52,036	57,039	48,580	46,732	31,868	31,616	7,242	29,400	32,700	26,000	26,000	26,100	28,500	0	0	-	-
Net Tangible Assets	0	16,727	50,509	536,253	493,793	414,908	431,049	413,216	393,484	415,006	410,410	340,836	227,029	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Working Capital	-130,977	-256,152	160,842	442,298	327,264	202,725	236,001	224,407	218,462	-347,446	-349,538	116,908	169,413	154,251	365,837	470,581	429,793	501,754	518,479	457,816	439,887	330,591	257,979	193,609	185,069	183,564	148,688	131,190	146,859	0	29,700	22,800	19,000	18,900	20,300	0	0	-	-
Non Current Assets Total	2,305,569	-35,407	2,135,398	1,404,937	1,144,195	578,836	545,522	523,601	513,218	1,106,224	1,037,696	523,069	357,028	354,055	368,223	381,245	406,681	393,053	318,272	279,437	198,780	170,382	143,584	116,839	105,872	85,817	72,203	67,682	35,300	29,800	38,800	21,000	19,100	20,800	21,500	0	0	-	-
Non Current Liabilities Other	0	0	1,182,522	615,364	572,896	461,560	480,990	462,572	462,622	495,395	506,888	520,375	502,611	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	796,043	460,328	681,687	244,714	253,194	108,036	109,312	106,808	102,399	65,600	32,900	71,200	76,200	73,100	285,800	358,000	82,400	92,500	70,400	39,900	17,300	7,400	7,000	15,400	6,000	8,900	11,400	7,900	7,300	7,900	3,400	4,200	6,800	6,600	5,300	7,300	5,000	5,500	-
Non Currrent Assets Other	41,716	-2,324,894	-3,846	-4,330	-4,407	-20,613	-89,061	-28,341	-494,196	499,399	536,461	59,758	-60,586	-458,010	-239,158	-11,854,757	-109,099	-192,989	-16,007,104	-230,344	-169,516	-61,347	-68,425	-65,528	-71,216	-66,814	-184,761	-238,098	-220,117	0	-38,800	-21,000	-19,100	-20,800	-21,500	0	0	-	-
Noncontrolling Interest In Consolidated Entity	0	0	12,726	7,294	6,453	6,312	6,599	7,648	7,847	7,268	7,791	11,566	13,243	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	2,569,110	55,055	32,465	22,451	794,094	860,364	50,237	4,949	43,410	57,819	198	57,332	52,590	256,924	292,587	89,603	74,569	63,790	42,383	38,194	29,184	32,108	32,118	0	0	0	0	0	0	242,400	204,900	174,000	154,400	147,800	193,900	182,400	178,500	132,000
Other Current Assets	397,292	-186,232	694,769	621,573	494,656	507,615	607,306	538,336	507,924	-38,020	-48,930	421,857	560,019	530,448	753,490	846,735	716,512	656,839	612,766	531,061	486,538	413,021	365,270	300,094	277,031	261,603	247,468	233,644	263,881	249,800	0	0	0	0	0	0	0	-	-
Other Current Liab	338,215	352,907	262,288	-98,875	-98,875	492,494	-98,250,637	500,841	487,508	633,700	632,073	644,719	617,978	568,562	368,930	239,440	496,786	453,851	-87,888,600	406,170	393,200	341,300	276,300	220,457	185,301	181,148	164,011	159,886	148,641	0	-3,000	-3,200	-7,000	-7,200	-8,200	0	0	-	-
Other Liab	0	576,064	598,393	23,852	395,972	14,214	19,034	7,856	1,356	495,395	506,888	520,375	502,611	495,849	503,475	461,532	441,324	384,396	346,704	300,749	268,089	230,058	202,544	190,298	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Stockholder Equity	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	157,441	154,629	154,069	176,094	169,131	130,603	129,461	119,693	122,452	121,823	118,579	126,107	122,601	135,572	133,930	122,309	117,876	69,861	60,774	63,015	57,458	52,753	49,915	43,600	49,900	45,000	45,000	45,100	45,000	45,000	44,300	44,700	19,000
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	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	663,089	580,372	0	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	0	0	238,109	231,013	222,116	135,531	141,259	145,819	147,112	152,132	131,088	132,074	133,843	138,966	149,054	161,896	180,700	173,307	147,380	137,813	119,696	103,497	90,613	80,146	74,231	62,202	53,776	51,147	24,271	24,800	35,100	17,700	15,400	16,600	18,000	0	0	-	-
Property Plant And Equipment Net	271,573	282,727	283,893	231,013	222,116	135,531	141,259	145,819	147,112	152,132	131,088	132,074	133,843	138,966	149,054	83,533	180,700	173,307	147,380	137,813	119,696	103,497	90,613	80,146	74,231	62,202	53,776	51,147	24,271	24,800	35,100	17,700	15,400	16,600	18,000	0	0	-	-
Property Plant Equipment	0	209,369	207,034	51,671	50,461	60,794	67,022	70,506	147,112	152,132	131,088	132,074	133,843	61,569	70,633	83,533	96,457	99,325	85,762	83,391	74,174	60,863	48,772	45,459	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Retained Earnings	1,070,841	1,091,816	974,800	688,819	564,392	514,248	491,698	471,788	455,519	479,733	452,314	391,447	284,097	282,666	296,116	353,547	597,118	649,598	619,232	543,295	469,107	353,226	258,746	210,060	209,454	190,363	145,140	131,496	118,547	112,800	106,300	83,600	69,800	68,800	70,000	71,800	70,900	62,100	56,700
Retained Earnings Total Equity	0	0	974,800	688,819	564,392	514,248	491,698	471,788	455,519	479,733	452,314	391,447	284,097	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Short Long Term Debt	0	0	0	98,875	98,875	98,875	109,312	106,808	102,399	71,180	0	0	0	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	580,944	595,009	632,908	220,862	224,475	108,036	109,312	106,808	102,399	65,562	32,946	71,168	76,235	73,122	285,790	357,960	108,714	109,549	70,396	49,930	24,583	14,195	13,794	32,543	19,054	16,194	19,087	12,324	12,589	7,900	6,400	7,400	13,800	13,800	13,500	7,300	5,000	5,500	-
Short Term Debt	457,519	460,328	462,067	98,875	98,875	98,875	98,875,000	92,875	102,399	71,180	5,827	6,481	11,722	64,338	266,170	357,960	108,714	109,549	88,413,000	49,930	0	0	0	32,543	19,100	7,300	7,600	0	0	0	3,000	3,200	7,000	7,200	8,200	0	0	-	-
Short Term Investments	39,023	24,318	17,650	20,678	23,527	22,950	733,818	653,742	619,556	25,042	38,336	37,025	33,137	429,774	24,194	37,120	79,780	161,711	206,717	181,195	153,322	50,673	56,267	53,748	67,455	59,446	35,761	31,946	28,238	0	0	0	0	0	0	0	0	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	663,089	580,372	0	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	2,702,861	2,737,879	2,813,362	1,978,575	1,592,785	1,372,930	1,405,886	1,341,724	1,321,587	1,392,478	1,326,058	1,291,375	1,156,141	1,141,206	1,369,160	1,449,226	1,441,974	1,458,207	1,361,151	1,193,353	1,031,867	842,273	677,863	563,448	535,741	498,481	417,691	383,372	351,359	325,200	313,900	251,900	219,100	201,300	197,800	193,900	182,400	178,500	132,000
Total Current Assets	397,292	204,176	622,909	541,173	426,139	794,094	860,364	818,123	808,369	286,254	288,362	768,108	799,113	787,151	1,000,937	1,067,981	1,035,293	1,065,154	1,042,879	913,916	833,087	671,891	534,279	446,609	429,869	412,664	345,488	315,690	316,059	295,400	32,700	26,000	26,000	26,100	28,500	0	0	-	-
Total Current Liabilities	528,269	460,328	462,067	98,875	98,875	591,369	624,363	593,716	589,907	633,700	637,900	651,200	629,700	632,900	635,100	597,400	605,500	563,400	524,400	456,100	393,200	341,300	276,300	253,000	244,800	229,100	196,800	184,500	169,200	0	3,000	3,200	7,000	7,200	8,200	0	0	-	-
Total Liab	1,324,312	1,367,614	681,687	966,169	839,026	693,104	727,076	692,876	684,459	692,025	662,969	711,003	692,684	692,873	907,094	942,157	672,205	638,673	576,156	481,558	397,259	337,785	274,090	261,458	244,144	232,535	203,795	188,107	171,942	164,100	152,600	119,000	100,700	83,600	78,900	77,100	67,200	71,700	56,300
Total Permanent Equity	0	0	0	0	0	0	678,810	648,848	0	0	663,089	580,372	0	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	1,371,411	1,362,151	1,282,009	1,005,112	747,306	673,514	672,211	641,200	629,281	693,185	655,298	568,805	450,214	435,210	448,276	493,842	754,059	802,262	766,313	697,313	621,389	493,592	394,540	295,089	284,924	260,443	209,504	190,990	174,852	156,400	156,200	128,600	114,800	113,900	115,000	116,800	115,200	106,800	75,700
Treasury Stock	0	0	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-4,330	-4,330	-4,097	-4,097	-3,914	-3,914	-3,905	-3,905	-3,905	-1,512	-1,512	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	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	190,054	177,180	167,564	163,001	196,541	184,065	200,294	233,135	287,326	209,144	229,054	212,774	225,180	143,207	108,394	84,974	126,779	103,886	85,436	71,621	109,283	97,233	94,057	90,932	117,740	95,283	97,095	88,401	115,640	99,551	94,788	91,307	118,082	109,931	102,111	97,593	117,583	122,006	108,960	96,120	119,961	106,881	100,764	95,947	-9,126	89,753	85,839	76,412	-27,449	76,261	75,598	70,495	95,666	99,599	94,863	91,423	101,881	96,394	98,484	92,376	110,769	92,933	93,501	89,639	108,658	98,972	104,666	94,726	130,589	109,848	99,772	96,337	125,255	111,106	103,833	83,376	101,544	91,663	82,673	68,468	82,147	79,164	72,617	62,510	82,248	56,766	46,288	45,869	57,752	52,418	50,794	33,086	38,617	34,056	31,096	29,264	40,399	0	0	0	40,652	0	0	0	25,189	0	0	0	24,614	0	0	0	20,559	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	-165,653	0	0	0	-142,038	0	0	0	-151,483	-178,577	-186,439	-184,773	-182,663	-196,943	-193,128	-189,857	-186,279	-188,105	-183,179	-178,539	-173,119	-177,254	-176,778	-171,579	-169,870	-186,238	-181,046	-175,654	-171,914	-175,682	-193,698	-189,804	-191,657	-233,773	-224,839	-221,535	-219,715	-216,586	-213,444	-212,491	-208,077	-208,466	-222,871	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-35,215	-58,621	-45,326	-44,036	-51,343	-64,808	-40,202	-19,210	253	4,777	11,558	9,588	17,022	8,676	4,087	-16,801	-2,699	-4,738	-3,114	-11,010	-24,771	-21,890	-20,983	-14,286	-847	1,882	-1,991	-5,456	-8,881	6,491	9,427	5,063	-3,957	-1,300	3,576	8,164	12,555	13,096	20,277	12,504	10,882	14,315	9,806	24,139	26,583	28,901	21,139	22,935	16,681	20,024	15,600	13,220	13,610	24,402	14,793	12,950	10,960	19,743	9,452	-3,488	581	2,015	12,346	20,001	19,842	15,968	8,608	8,894	8,061	7,743	288	2,627	5,628	8,544	12,643	8,661	13,788	12,526	6,646	16,692	15,019	13,670	15,986	10,216	9,344	11,360	5,503	1,819	4,149	5,581	2,948	4,043	1,888	-1,559	-3,260	-3,112	-3,656	0	0	0	6,129	0	0	0	4,536	0	0	0	1,920	0	0	0	3,970	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	161,339	160,204	159,300	159,954	157,937	159,260	157,309	157,176	161,500	160,130	0	0	0	0	0	0	0	0	652,550	663,089	655,190	634,490	621,114	580,372	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	135,654	142,044	146,649	147,594	148,003	146,309	150,472	154,974	149,417	129,064	124,038	123,121	119,089	122,475	113,292	108,333	113,843	112,260	114,022	115,307	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	27,723	337,924	332,025	327,823	324,344	321,492	316,224	311,891	27,246	306,257	301,251	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	296,861	294,016	288,834	284,524	282,376	279,015	274,074	273,820	274,857	273,576	166,208	164,741	164,217	0	0	0	162,642	0	184,301	183,386	159,954	182,055	183,350	181,371	157,176	185,223	183,853	181,569	156,692	180,275	179,296	203,183	179,205	179,237	192,578	195,108	171,915	194,847	194,064	193,803	133,685	152,900	152,966	0	132,446	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	233,365	202,985	190,039	174,815	248,367	320,933	405,310	396,649	485,919	607,605	400,542	412,763	432,683	381,560	310,806	293,599	330,609	320,960	201,205	164,507	192,067	149,669	121,128	103,474	150,079	168,746	147,205	122,575	185,772	161,788	137,266	108,753	179,067	211,315	164,601	153,146	200,558	168,445	150,376	120,342	194,289	201,138	216,589	175,376	208,538	162,797	137,272	115,111	117,196	108,535	115,151	103,842	144,564	125,969	140,933	134,785	97,971	96,445	91,432	58,353	76,558	199,161	102,900	90,903	109,239	112,099	126,170	104,074	136,137	127,582	137,880	118,361	134,734	131,584	119,610	96,856	121,383	113,878	119,824	101,401	114,202	132,962	168,190	122,813	139,156	98,470	76,578	69,830	60,706	59,762	70,734	44,985	35,728	34,359	42,257	30,738	36,803	41,200	42,200	47,200	44,883	43,100	35,800	27,400	30,391	22,100	25,500	18,700	18,484	20,800	21,300	16,700	16,698	19,300	15,900	11,000	16,200	12,800	14,300	16,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Equivalents	0	202,985	190,039	174,815	248,367	320,933	405,310	396,649	485,919	607,605	400,542	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	272,388	240,223	216,605	201,222	272,685	339,010	422,592	414,703	503,569	624,803	418,170	430,618	453,361	402,848	331,366	312,832	354,136	343,652	224,269	187,980	215,017	173,623	144,770	127,874	883,897	871,862	825,059	801,610	839,514	845,547	815,346	777,125	798,623	233,197	187,267	178,435	225,600	205,461	189,368	155,061	232,625	238,412	253,478	211,522	245,563	199,849	165,219	148,063	150,333	141,007	154,989	136,631	178,021	153,850	168,886	158,069	122,165	126,964	123,742	86,449	113,678	253,896	160,112	168,551	189,019	217,629	259,440	251,493	297,848	296,210	285,204	294,765	341,451	351,506	321,462	290,991	302,578	305,892	291,131	248,157	267,524	251,948	218,800	174,930	189,829	161,784	135,169	122,776	116,973	120,793	123,549	93,899	89,476	98,580	93,485	88,342	104,258	41,200	42,200	47,200	104,329	43,100	35,800	27,400	66,152	22,100	25,500	18,700	50,430	20,800	21,300	16,700	44,936	19,300	15,900	11,000	16,200	12,800	14,300	16,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock	338,451	337,924	332,025	327,823	324,344	321,492	316,224	311,891	309,622	306,257	301,251	300,978	301,937	300,648	190,260	188,773	188,279	189,613	188,300	187,139	186,703	185,432	184,302	183,386	184,026	182,055	183,350	181,371	180,959	185,223	183,853	181,569	180,385	180,275	179,296	203,183	203,563	179,237	192,578	195,108	194,768	194,847	194,064	193,803	153,441	152,900	152,966	152,453	19,656	151,998	151,931	151,711	18,851	143,310	146,827	146,477	18,708	145,439	145,251	144,545	18,472	143,996	143,472	142,682	18,362	140,924	150,127	149,487	18,557	148,215	148,269	147,631	18,480	144,889	144,700	144,389	18,446	143,589	143,589	143,514	18,352	138,290	137,943	135,715	18,057	133,913	133,911	133,825	17,918	132,990	87,932	87,404	15,168	84,590	81,450	80,125	14,696	0	0	0	7,065	0	0	0	6,906	0	0	0	6,741	0	0	0	6,390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	27,751	27,650	27,444	27,201	27,276	27,371	27,293	27,444	27,405	27,238	27,123	26,984	26,908	25,297	23,756	23,749	23,709	23,773	23,758	23,595	23,719	23,699	23,625	23,508	23,720	23,564	23,620	23,569	23,492	23,611	23,559	23,348	23,413	23,286	23,795	23,990	24,391	24,663	24,848	22,506	24,764	24,769	24,919	20,958	24,409	24,399	24,388	19,256	20,378	24,344	24,326	18,829	20,173	18,335	22,957	18,257	18,338	18,196	18,183	18,153	18,153	18,109	18,092	18,046	18,046	18,114	18,351	18,237	18,237	18,297	18,310	18,304	18,183	18,259	18,227	18,225	18,123	18,195	18,192	18,181	17,968	18,006	17,951	17,831	17,746	17,729	17,935	17,957	17,725	16,751	15,385	15,365	15,365	15,018	14,908	14,811	14,583	14,878	14,625	14,346	14,346	14,038	14,018	13,898	13,898	13,642	13,642	13,596	13,596	13,454	13,386	13,330	13,330	12,744	12,744	12,434	12,434	12,408	12,408	12,058	12,234	12,234	12,230	12,240	12,238	12,238	12,238	12,238	12,238	12,238	12,238	12,184	12,184	12,184	12,184	12,184	12,186	12,186	12,186	12,086	12,086	12,086	12,086	12,086	12,086	12,086	12,086	12,086	12,086	12,086	12,086	11,638	8,638	8,638
Common Stock Total Equity	0	0	332,025	327,823	0	321,492	316,224	311,891	27,246	306,257	301,251	300,978	27,080	300,648	190,260	188,773	24,062	189,613	188,300	187,139	24,072	185,432	184,301	183,386	24,072	182,055	183,350	181,371	23,783	185,223	183,853	181,569	23,693	180,275	179,296	203,183	24,358	179,237	192,578	195,108	22,853	194,847	194,064	193,803	19,756	152,900	152,966	152,453	19,656	151,998	151,931	151,711	18,851	143,310	146,827	146,477	18,708	145,439	145,251	144,545	18,472	143,996	143,472	142,682	18,362	140,924	150,127	149,487	18,557	148,215	148,269	147,631	18,480	144,889	144,700	144,389	18,446	143,589	143,589	143,514	18,352	138,290	137,943	135,715	18,057	133,913	133,911	133,825	17,918	132,990	87,932	87,404	15,168	84,590	81,450	80,125	14,696	0	0	0	7,065	0	0	0	6,906	0	0	0	6,741	0	0	0	6,390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	-457,519	0	0	0	-549,448	25,000	515,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-5,800	0	0	0	0	0	0	0	0	0	0	0	2,645	0	0	0	27,449	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	28,462	30,231	0	23,999	37,166	41,436	48,779	10,770	26,524	23,900	23,852	35,570	33,489	27,289	28,719	25,429	21,142	17,360	14,214	13,152	14,488	15,993	19,034	20,889	12,947	9,480	7,856	9,980	9,893	2,336	1,356	3,552	6,716	9,955	13,485	9,648	733	1,243	3,174	12,876	2,481	2,645	2,645	35,977	30,930	29,201	27,449	25,581	26,838	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	1,072,129	1,072,022	1,074,678	1,094,406	1,072,982	961,726	964,212	932,556	924,837	536,176	549,991	480,159	431,477	382,235	279,857	249,946	248,890	248,890	248,890	248,890	248,890	247,190	242,736	242,736	231,428	231,428	234,667	217,094	217,094	217,921	217,722	217,722	217,722	218,652	253,239	255,620	251,868	247,985	273,176	231,838	231,838	230,282	220,983	220,983	220,955	216,744	216,602	217,042	214,492	216,277	206,861	206,861	206,861	206,861	206,933	206,933	212,763	212,763	212,651	212,651	210,901	210,033	209,879	209,628	208,824	207,883	207,035	202,348	204,302	188,435	178,844	181,443	155,624	151,909	146,424	142,840	124,636	112,012	109,187	97,655	79,084	76,873	79,366	72,779	66,885	57,382	55,983	52,996	52,971	44,956	44,525	47,348	36,693	37,515	37,024	35,080	31,641	0	0	0	23,615	0	0	0	18,427	0	0	0	16,535	0	0	0	11,029	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	193,196	201,539	204,509	190,827	199,084	174,430	187,494	230,245	229,804	72,549	36,798	38,912	37,382	22,002	3,843	4,495	4,623	6,303	7,340	8,518	9,727	10,843	11,138	12,301	9,734	10,673	9,317	9,975	10,890	14,307	15,209	16,622	18,075	20,061	22,680	24,474	26,311	31,253	11,572	12,296	13,050	5,576	5,885	6,648	7,015	7,400	7,796	8,235	8,693	7,541	7,706	7,967	8,228	8,490	8,651	8,935	6,406	6,711	7,206	7,720	8,448	222,032	12,986	15,950	17,157	18,107	19,627	20,902	15,444	14,593	14,683	15,968	15,268	15,527	16,728	18,901	16,988	164,121	158,985	143,128	122,300	118,666	121,189	114,111	106,921	97,617	95,402	90,795	90,686	82,624	82,071	80,872	69,184	65,324	64,271	61,535	0	32,100	29,100	25,800	0	19,100	18,600	19,300	0	18,200	16,800	16,500	0	16,300	16,400	0	0	0	0	0	5,000	0	0	0	3,700	0	0	0	3,300	0	0	0	3,700	0	0	0	4,200	0	0	0	3,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory	-397,292	-458,762	-434,643	-395,303	0	0	-644,101	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-709,355	0	-654,762	0	-631,503	0	0	0	-579,849	553,492	566,783	572,576	0	565,613	569,043	558,567	0	532,424	502,590	522,050	0	0	0	-22,610	0	14,631	7,534	-1	0	454,116	0	-14,750	0	0	-11,598	0	0	-159,691	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	2,702,861	2,669,070	2,677,838	2,679,060	2,737,879	2,705,460	2,755,342	2,760,988	2,813,362	2,375,505	2,168,334	2,042,806	1,978,575	1,820,189	1,600,234	1,507,866	1,592,785	1,559,191	1,477,039	1,442,310	1,372,930	1,370,429	1,357,899	1,351,528	1,405,886	1,402,945	1,358,044	1,307,968	1,341,724	1,359,732	1,336,585	1,304,448	1,321,587	1,318,308	1,339,875	1,356,800	1,392,478	1,381,369	1,360,280	1,276,619	1,326,058	1,316,896	1,272,484	1,262,655	1,291,375	1,237,858	1,180,948	1,137,384	1,156,141	1,134,725	1,128,858	1,114,322	1,141,206	1,129,972	1,132,554	1,310,141	1,369,160	1,360,358	1,355,320	1,342,214	1,449,226	1,544,307	1,370,263	1,405,668	1,441,974	1,448,594	1,460,243	1,420,540	1,458,207	1,406,533	1,360,915	1,334,258	1,361,151	1,329,383	1,283,697	1,197,920	1,193,353	1,146,372	1,096,814	1,044,994	1,031,867	1,001,380	935,135	856,291	842,273	763,622	705,581	678,341	677,863	654,680	609,813	575,814	563,448	545,837	534,710	525,272	535,741	523,800	521,000	497,400	498,481	471,600	450,900	432,000	417,691	403,100	391,300	376,600	383,372	375,100	368,100	358,200	351,359	349,000	335,100	322,500	325,200	323,400	320,600	315,800	313,900	283,700	265,700	251,400	251,900	234,200	225,700	221,200	219,100	210,100	204,000	198,000	201,300	203,800	203,800	197,100	197,800	-	-	-	193,900	-	-	-	182,400	-	-	-	178,500	-	-	-	132,000	-
Long Term Debt	445,290	445,158	445,027	445,067	447,006	446,372	444,908	445,936	483,491	275,276	127,662	125,572	101,773	101,256	101,702	102,613	110,632	105,371	105,404	105,043	108,036	106,440	107,657	108,595	109,312	138,557	116,331	100,845	106,808	131,135	127,690	115,905	102,399	82,051	82,711	65,229	65,562	91,263	92,618	31,456	32,946	32,532	33,680	34,193	71,168	71,134	71,548	71,988	76,235	77,991	71,746	73,499	70,522	70,572	78,177	81,487	67,583	82,475	86,491	108,147	71,344	334,861	116,799	116,223	82,404	110,269	112,686	106,057	92,469	94,626	91,274	93,100	70,396	78,938	64,840	63,844	39,866	40,035	41,501	28,738	17,329	24,715	21,086	18,373	7,354	18,189	15,765	12,306	6,966	16,614	41,436	40,806	15,439	28,954	25,605	22,232	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	445,158	445,027	445,067	447,006	446,372	444,908	445,936	483,491	275,276	127,662	125,572	101,773	101,256	101,702	102,613	110,632	105,371	105,404	105,043	108,036	106,440	107,657	108,595	109,312	138,557	116,331	100,845	106,808	131,135	127,690	115,905	102,399	82,051	82,711	65,229	65,562	91,263	92,618	31,456	32,946	32,532	33,680	34,193	71,168	71,134	71,548	71,988	76,235	77,991	71,746	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	723,179	697,977	706,719	716,162	734,401	687,704	704,537	710,469	696,864	717,917	729,026	20,537	194,558	6,851	5,976	5,579	167,819	5,965	8,455	8,611	182,378	8,360	8,985	9,013	9,202	9,302	9,536	9,423	9,796	9,625	10,035	9,935	10,198	10,257	10,507	10,374	10,480	10,698	11,024	12,028	12,528	12,974	14,508	16,988	17,832	18,397	17,410	17,456	23,291	20,291	19,633	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	347,579	384,217	401,637	417,846	346,642	271,748	190,070	204,261	146,989	-203,265	-148,842	-164,070	-211,821	-157,829	-95,812	-82,653	-106,134	-103,329	18,221	55,843	-84,031	-43,229	-13,471	5,121	-40,767	-30,189	-30,874	-21,730	-78,964	-30,653	-9,576	7,152	-76,668	-129,264	-81,890	-87,917	-134,996	-77,182	-57,758	-88,886	-161,343	-168,606	-182,909	-141,183	-137,370	-91,663	-65,724	-43,123	-40,961	-30,544	-43,405	-30,343	-71,442	-55,397	-62,756	139,081	187,819	207,435	216,655	271,588	281,402	135,700	13,899	25,320	-525	-1,830	-13,484	1,983	-26,588	-32,956	-46,606	-25,261	-64,338	-52,646	-54,770	-33,012	-71,453	-73,843	-78,323	-72,663	-89,619	-108,247	-147,104	-104,440	-124,961	-80,281	-60,813	-57,524	-46,912	-43,148	-29,298	-4,179	-3,185	-5,405	-16,652	-8,506	-17,749	-22,100	-26,300	-31,700	-28,689	-26,500	-16,200	-5,900	-11,304	-4,300	-10,500	-6,000	-6,160	-8,600	-8,900	-3,600	-4,109	-3,400	-1,600	-3,400	-8,300	-6,800	-8,500	-10,500	6,400	6,000	6,600	7,800	7,400	7,700	10,200	13,000	13,800	13,500	13,300	13,900	13,800	12,600	14,300	12,600	13,500	-	-	-	7,300	-	-	-	5,000	-	-	-	5,500	-	-	-	-	-
Net Invested Capital	1,816,701	1,797,019	1,803,518	1,797,508	1,809,157	1,791,328	1,792,052	1,758,408	1,765,500	1,483,172	1,257,639	1,167,445	1,106,885	1,045,137	882,807	834,364	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	124,904	114,711	129,091	130,867	117,723	116,859	123,080	115,785	119,340	114,310	116,837	97,129	87,812	79,281	66,857	60,095	72,003	79,358	87,986	76,270	71,462	75,354	81,247	80,733	78,516	84,100	80,443	75,049	71,776	75,077	78,078	84,470	81,671	87,065	97,662	111,616	98,674	118,479	101,263	104,690	104,667	98,618	83,417	85,653	100,688	105,632	98,039	87,234	88,761	87,847	76,446	90,940	78,682	83,408	89,024	67,960	125,282	93,497	97,447	82,848	107,568	143,223	130,989	88,408	129,762	121,686	116,729	106,449	110,467	95,936	53,635	86,041	88,662	86,097	86,723	73,985	80,277	64,605	69,625	66,202	79,025	71,101	69,957	61,360	69,041	54,448	47,573	44,609	52,036	44,749	55,554	51,678	57,039	92,590	94,832	99,036	48,580	42,500	44,200	43,300	46,732	37,700	0	0	31,868	33,500	33,900	30,900	31,616	0	0	0	7,242	0	0	0	29,400	0	0	0	32,700	0	0	0	26,000	26,000	25,100	26,900	26,000	28,300	29,300	29,800	26,100	24,100	27,900	28,700	28,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Tangible Assets	0	4,941	79,304	67,208	16,727	135,442	121,935	72,812	50,509	526,044	470,075	522,802	536,253	539,644	497,405	477,310	493,793	498,406	438,757	416,390	414,908	412,911	406,434	395,756	431,049	423,031	414,569	415,024	413,216	418,317	399,846	387,227	393,484	397,240	383,007	395,872	415,006	380,633	371,930	401,020	410,410	407,599	395,889	382,299	340,836	286,510	243,892	219,385	227,029	228,393	228,612	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-130,977	-166,461	-178,445	-201,326	-256,152	153,431	30,672	297,353	168,803	239,004,724	462,754	70,904	105,730	133,521,000	310,088,573	-360,670	-384,167	-360,899	99,405	85,393	202,725	180,991	169,111	157,142	235,964	249,228	218,767	213,674	224,423	227,379	197,214	168,116	218,469	164,507	-410,933	-437,165	-341,846	-424,739	-421,632	-389,330	-349,538	140,489	144,123	129,298	116,908	1,054,681	993,831	291,407	169,413	306,407	300,291	291,694	154,251	292,221	296,470	480,273	365,837	511,284	528,363	479,920	465,581	692,909	-308,464,237	529,839	456,093	575,208	592,682	581,588	518,754	604,019	586,987	573,167	-87,370,121	1,076,956	0	952,361	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	414,066	404,072	397,232	395,552	370,370	428,100	435,600	418,800	364,712	0	0	0	312,699	0	0	0	291,076	0	0	0	295,500	0	0	0	0	0	0	0	29,700	0	0	0	22,800	18,300	14,900	13,900	19,000	14,800	16,000	15,900	18,900	11,500	13,600	16,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	2,305,569	2,252,021	2,269,194	2,283,625	-35,407	-35,249	2,140,521	2,168,065	1,616,698	1,598,855	1,577,918	513,350	468,859	-379,739,811	-309,205,766	1,195,034	1,238,389	1,215,539	696,011	687,688	578,836	596,338	598,888	602,286	545,522	554,517	556,077	529,194	523,601	554,253	563,271	569,332	513,218	553,501	1,152,608	1,178,365	1,106,224	1,175,908	1,170,912	1,065,949	1,037,696	530,107	506,461	514,857	523,069	-472,923	-454,083	225,277	357,028	223,818	214,567	214,828	354,055	215,351	215,584	215,868	368,223	219,474	219,857	298,194	381,245	297,198	309,276,000	316,729	406,681	329,086	330,061	324,252	393,053	294,314	286,528	288,191	318,272	252,348	248,531	245,495	279,437	242,417	237,348	220,995	198,780	189,503	186,951	177,962	170,382	147,290	143,311	139,755	143,584	127,859	126,507	125,625	116,839	112,811	111,873	107,488	105,872	76,600	69,500	63,100	85,817	52,700	50,400	50,400	72,203	48,400	46,200	44,800	67,682	43,900	63,600	45,300	35,300	45,200	44,200	39,900	29,800	25,400	38,200	34,900	38,800	0	0	0	21,000	17,000	16,200	15,800	19,100	15,800	15,700	16,000	20,800	17,400	17,700	17,500	21,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	0	0	670,790	681,009	0	693,523	713,153	715,692	1,182,522	663,615	649,021	632,662	615,364	589,287	569,317	555,915	572,896	564,621	564,230	569,382	461,560	476,870	475,460	479,805	480,990	475,845	465,294	460,142	462,572	460,700	463,238	466,409	462,622	478,629	481,000	501,264	495,395	491,542	494,066	495,250	506,888	509,417	501,069	508,756	520,375	516,315	510,694	502,154	502,611	489,873	498,514	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	796,043	611,296	620,138	622,892	460,328	25,000	632,546	642,346	681,687	415,110	278,224	-65,131	-76,513	-25,830	101,702	102,613	106,916	101,041	100,429	99,283	108,036	106,400	107,700	108,600	109,300	138,600	116,300	100,800	106,800	131,100	127,700	115,900	102,400	82,100	82,700	65,200	71,200	91,300	92,600	31,500	32,900	27,100	27,800	34,200	71,200	71,100	71,500	72,000	76,200	78,000	71,700	73,500	73,100	70,600	78,200	273,900	285,800	303,900	308,100	329,900	358,000	334,900	116,800	116,200	108,700	110,300	112,700	106,100	109,500	94,600	91,300	93,100	70	103,581	98,803	90,269	39	64,474	63,562	52,923	47,023	45,361	38,057	29,699	25,479	24,850	16,624	12,306	13,794	16,614	41,436	40,806	0	0	0	0	-46	0	0	0	8,894	16,600	19,600	21,500	11,487	17,800	15,000	12,700	12,324	12,200	12,400	13,100	12,589	15,900	14,300	7,600	7,900	6,000	5,800	6,300	3,400	6,000	6,600	7,800	4,200	0	0	0	6,800	0	0	0	6,600	0	0	0	5,300	-	-	-	7,300	-	-	-	5,000	-	-	-	5,500	-	-	-	-	-
Non Currrent Assets Other	41,716	692,000	-585,000	-1,724,000	-2,324,894	-2,143,415	-515,000	-260,475	-518,700	-7,002,266	-4,099,949	-2,950,806	-446,267	-384,625,799	-312,655,222	-1,404,884	571,437	101,225	-443,255	-465,328	-20,613	-4,672,946	-4,715,021	-4,695,239	-89,061	-4,389,966	-4,376,193	-4,387,063	-28,341	-3,385,044	-3,267,020	-3,220,430	-15,588	-500,012	-191,040	-169,886	499,399	418,960	-1,522,133	-3,559,363	526,713	-419,808	-932,963	-6,798,074	53,429	-36,844,286	-31,771,205	-29,369,005	-512,177	-25,749,195	-27,015,635	-31,596,529	-529,625	-22,887,789	-19,597,950	-16,985,658	-717,595	-13,358,486	-406,245	-328,087	-12,700,264	-145,607	308,830,485	-15,470,298	-109,099	-182,405	-208,860	-221,550	-192,989	-248,601	-225,132	-249,557	-16,007,104	-277,077	-257,400	-248,271	-201,009	-192,014	-171,307	-146,756	-169,516	-118,986	-50,610	-52,117	-61,347	-63,314	-58,591	-52,946	-68,425	-61,031	-52,815	-48,914	-65,528	-64,221	-51,228	-57,604	-71,216	0	0	0	-66,814	0	0	0	-184,761	0	0	0	-238,098	0	0	-45,300	-220,117	-45,200	-44,200	-39,900	0	-25,400	-38,200	-34,900	-38,800	-37,300	-36,100	-35,700	-21,000	-17,000	-16,200	-15,800	-19,100	-15,800	-15,700	-16,000	-20,800	-17,400	-17,700	-17,500	-21,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	7,504	7,311	0	12,545	12,677	12,317	12,726	8,804	6,096	6,025	7,294	6,988	6,227	5,324	6,453	6,285	5,840	5,106	6,312	5,790	5,929	5,410	6,599	7,239	7,824	7,007	7,648	7,821	8,199	6,920	7,847	8,192	8,411	6,793	7,268	7,039	7,225	7,396	7,791	11,733	11,733	11,184	11,566	14,025	13,647	12,967	13,243	12,808	12,983	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	62,115	62,948	63,346	2,569,110	2,562,278	69,149	62,435	573,755	-238,503,350	3,746,252	1,120,206	1,077,033	44,100	46,386	46,100	42,273	47,668	4,575	51,452	50,683	57,356	57,718	1,028,582	1,049,714	1,025,703	1,009,704	973,701	937,787	963,898	957,723	948,605	922,517	899,128	933,938	950,361	931,972	980,395	1,012,784	947,821	889,033	855,485	808,287	835,589	198	850,253	802,785	804,147	800,230	798,507	813,700	781,040	778,243	804,674	795,301	996,456	1,017,427	1,056,487	1,059,988	1,085,182	1,097,849	1,074,017	992,751	1,019,016	975,068	1,016,387	989,655	969,926	892,664	932,053	891,312	870,762	811,494	806,868	790,133	749,190	701,539	697,579	657,695	652,768	588,769	607,494	580,616	556,150	493,844	497,717	474,930	461,996	445,536	443,903	386,274	385,484	361,300	353,475	346,207	341,459	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	296,200	0	284,500	275,000	271,600	0	285,200	268,100	264,100	242,400	283,700	265,700	251,400	204,900	191,200	184,400	178,500	174,000	166,000	159,000	152,200	154,400	162,300	158,200	150,900	147,800	-	-	-	193,900	-	-	-	182,400	-	-	-	178,500	-	-	-	132,000	-
Other Current Assets	397,292	458,762	434,643	395,303	-186,232	-277,438	644,101	20,300	55,055	37,537	55,409	-118,497	-108,490	381,077,871	310,407,777	-60,095	-71,743	-79,358	468,773	490,372	507,615	525,114	532,994	540,635	607,306	-107,534	551,227	-97,885	538,336	-115,145	-120,110	-126,479	507,924	-108,947	-664,445	-684,192	-38,020	-684,092	-670,306	-607,648	-48,930	-82,665	-73,462	-71,427	421,857	1,405,300	1,371,773	699,420	560,019	667,422	675,322	671,924	530,448	223,247	659,060	882,994	753,490	920,423	925,872	874,723	846,735	1,009,681	-308,196,838	831,980	716,512	780,193	754,013	738,346	656,839	720,073	735,548	665,261	612,766	639,432	626,981	587,449	531,061	533,458	498,710	509,640	486,538	488,828	459,427	442,039	413,021	400,100	379,528	371,201	365,270	361,279	304,203	304,612	300,094	241,856	234,520	230,406	277,031	363,500	365,100	343,800	261,603	338,100	364,700	354,200	247,468	299,100	285,700	282,200	233,644	310,400	283,200	0	263,881	0	0	0	249,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Liab	338,215	344,215	356,577	370,414	352,907	363,149	362,387	0	0	0	127,662	338,346	2,898	248,039,000	717,427	673,502	639,688	704,551	681,623	669,229	492,494	-105,846,900	-107,067,100	-108,002,900	-98,250,600	-137,957,800	-115,747,800	-100,279,900	500,825	-130,556,900	-127,113,900	-115,338,000	595,700	-81,450,700	-82,112,800	-64,613,400	628,100	-63,449,800	-64,845,000	-3,715,000	637,900	-4,787,700	-5,269,100	-5,807,500	651,200	649,610	634,252	613,268	617,978	590,978	606,679	598,683	624,116	558,106	556,249	357,414	433,093	408,195	385,504	342,306	379,716	219,339	-116,240,500	-115,663,900	470,486	544,190	537,387	514,594	436,851	413,574	396,126	379,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-24,614	0	0	0	-20,559	0	0	0	0	0	0	0	-3,000	0	0	0	-3,200	-7,700	-10,200	-13,000	-7,000	-13,500	-13,300	-13,900	-7,200	-12,600	-14,300	-12,600	-8,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liab	0	545,489	0	563,646	576,064	571,213	599,847	602,154	598,393	545,321	551,507	23,900	23,852	35,570	33,489	27,289	395,972	25,429	21,142	17,360	378,774	13,152	14,488	479,805	480,990	475,845	465,294	460,142	462,572	460,700	463,238	466,409	462,622	478,629	481,000	501,264	495,395	491,542	494,066	495,250	506,888	509,417	501,069	508,756	520,375	516,315	510,694	502,154	502,611	489,873	498,514	493,240	495,849	487,543	492,162	492,864	503,475	499,274	478,938	445,619	461,532	447,078	450,229	439,109	441,324	421,089	406,121	390,802	384,396	369,427	358,748	346,096	346,704	324,766	319,667	306,345	300,749	292,154	280,197	274,429	268,089	258,479	248,149	237,624	230,058	221,358	209,966	206,606	202,544	199,094	191,849	191,725	190,298	184,951	186,302	183,826	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	279,710	-2,666	-2,666	-2,666	289,213	-2,990	-2,579	-2,467	161,852	-2,404	-2,780	-2,676	160,205	-2,556	-2,649	-2,952	157,441	-2,784	-2,657	-3,122	154,629	-2,175	-2,239	-2,603	154,069	-2,966	-3,090	-2,502	176,094	-2,570	-2,389	-3,162	169,131	-2,351	-2,860	-2,527	130,603	-2,765	-2,527	-2,731	129,461	-2,642	-3,066	-4,109	119,693	-3,928	-4,537	-4,380	122,452	-4,587	-3,878	-4,818	121,823	-4,082	-3,751	-4,096	118,579	-4,129	-4,489	-4,020	126,107	-4,171	-3,626	-4,287	122,601	-4,361	-4,262	-4,244	135,572	8,621	2,741	12,787	133,930	9,765	12,081	6,311	122,309	7,455	1,772	307	117,876	4,069	1,436	2,531	69,861	-3,071	-4,364	-3,112	60,774	77,900	71,300	70,100	63,015	68,400	65,500	63,900	57,458	61,900	59,900	57,700	52,753	57,800	-1,075,200	56,900	49,915	53,600	50,200	46,600	43,600	45,100	45,200	43,800	49,900	45,400	45,400	45,400	45,000	45,000	45,100	45,100	45,000	45,000	45,100	45,100	45,100	45,100	45,100	45,100	45,000	-	-	-	45,000	-	-	-	44,300	-	-	-	44,700	-	-	-	19,000	-
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	0	0	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	652,550	663,089	655,190	634,490	621,114	580,372	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	238,109	0	240,052	237,431	231,013	233,864	222,849	218,841	222,116	231,271	234,168	235,876	135,531	139,208	141,060	142,662	141,259	143,266	145,432	147,153	145,819	148,310	151,280	150,046	147,112	148,558	152,502	150,822	152,132	152,229	130,976	130,098	131,088	134,076	130,467	132,959	132,074	133,167	134,777	135,053	133,843	135,723	137,797	137,740	138,966	140,908	143,997	146,995	149,054	149,562	152,326	156,007	161,896	166,038	165,438	169,801	180,700	179,963	178,980	175,121	173,307	160,063	160,927	152,310	147,380	142,042	140,927	137,864	137,813	130,405	128,161	123,340	119,696	112,630	107,585	105,183	103,497	89,908	87,328	86,759	90,613	82,903	81,982	78,277	80,146	75,296	74,849	72,408	74,231	44,500	40,400	37,300	62,202	33,600	31,800	31,100	53,776	30,200	29,400	28,300	51,147	27,600	47,200	45,300	24,271	45,200	44,200	39,900	24,800	25,400	38,200	34,900	35,100	37,300	36,100	35,700	17,700	17,000	16,200	15,800	15,400	15,800	15,700	16,000	16,600	17,400	17,700	17,500	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	271,573	280,483	283,288	282,230	282,727	284,281	284,278	290,270	283,893	250,479	240,052	237,431	231,013	233,864	222,849	218,841	222,116	231,271	234,168	235,876	135,531	139,208	141,060	142,662	141,259	143,266	145,432	147,153	145,819	148,310	151,280	150,046	147,112	148,558	152,502	150,822	152,132	152,229	130,976	130,098	131,088	134,076	130,467	132,959	132,074	133,167	134,777	135,053	133,843	135,723	137,797	137,740	138,966	140,908	143,997	146,995	149,054	149,562	152,326	156,007	161,896	87,165	165,438	169,801	180,700	179,963	178,980	175,121	173,307	160,063	160,927	152,310	147,380	142,042	140,927	137,864	137,813	130,405	128,161	123,340	119,696	112,630	107,585	105,183	103,497	89,908	87,328	86,759	90,613	82,903	81,982	78,277	80,146	75,296	74,849	72,408	74,231	44,500	40,400	37,300	62,202	33,600	31,800	31,100	53,776	30,200	29,400	28,300	51,147	27,600	47,200	45,300	24,271	45,200	44,200	39,900	24,800	25,400	38,200	34,900	35,100	37,300	36,100	35,700	17,700	17,000	16,200	15,800	15,400	15,800	15,700	16,000	16,600	17,400	17,700	17,500	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	0	207,124	209,930	208,872	209,369	210,923	210,775	213,411	207,034	177,352	166,939	98,694	51,671	98,237	98,092	97,829	50,461	130,600	132,034	131,929	60,794	139,208	141,060	142,662	67,022	143,266	145,432	147,153	70,506	148,310	151,280	150,046	147,112	148,558	152,502	150,822	152,132	152,229	130,976	130,098	131,088	134,076	130,467	132,959	132,074	133,167	134,777	135,053	133,843	135,723	137,797	60,290	61,569	63,507	66,596	69,594	70,633	71,134	74,142	77,823	83,533	87,165	86,411	91,151	96,457	103,096	103,399	101,002	99,325	91,286	93,001	90,780	85,762	84,912	85,379	83,754	83,391	78,296	78,363	77,867	74,174	70,837	65,762	63,851	60,863	49,673	47,909	48,960	48,772	45,235	44,436	44,753	45,459	47,487	47,602	45,953	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	1,070,841	1,075,224	1,074,458	1,071,320	1,091,816	1,090,938	1,073,788	1,022,457	974,800	899,528	819,834	733,973	688,819	637,223	589,424	562,445	564,392	571,390	512,467	500,335	514,248	510,068	499,656	484,359	491,698	483,861	479,860	468,844	471,788	461,497	442,163	437,605	455,519	459,644	478,720	467,285	479,733	470,204	446,489	440,208	452,314	436,961	421,553	394,654	391,447	331,519	296,851	271,940	284,097	282,855	278,314	272,374	282,666	273,553	276,580	267,152	296,116	266,011	289,707	311,527	353,547	513,262	543,238	571,826	597,118	641,168	655,438	645,314	649,598	651,739	637,589	621,878	619,232	622,959	591,188	553,961	543,295	531,346	510,208	480,246	469,107	456,199	414,132	373,101	353,226	309,195	287,299	270,090	258,746	241,574	228,571	213,133	210,060	209,732	207,974	206,100	209,454	209,000	210,600	199,400	190,363	177,700	164,100	153,300	145,140	141,400	136,300	131,200	131,496	129,800	1,257,900	120,400	118,547	115,600	112,400	111,000	112,800	111,800	110,400	110,400	106,300	97,100	89,900	84,700	83,600	77,700	73,100	71,000	69,800	67,000	65,600	63,900	68,800	69,300	68,500	68,000	70,000	-	-	-	71,800	-	-	-	70,900	-	-	-	62,100	-	-	-	56,700	-
Retained Earnings Total Equity	0	0	1,074,458	1,071,320	0	1,090,938	1,073,788	1,022,456	974,800	899,528	819,834	733,973	688,819	637,223	589,424	562,445	564,392	571,390	512,467	500,335	514,248	510,068	499,656	484,359	491,698	483,861	479,860	468,844	471,788	461,497	442,163	437,605	455,519	459,644	478,720	467,285	479,733	470,204	446,489	440,208	452,314	436,961	421,553	394,654	391,447	331,519	296,851	271,940	284,097	282,855	278,314	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	98,875	0	0	0	98,875	0	0	0	0	0	107,657	108,595	109,312	138,557	116,331	100,845	106,808	0	0	0	102,399	0	0	0	71,180	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	580,944	587,202	591,676	592,661	595,009	592,681	595,380	600,910	632,908	404,340	251,700	248,693	220,862	223,731	214,994	210,946	224,475	217,631	219,426	220,350	108,036	106,440	107,657	108,595	109,312	138,557	116,331	100,845	106,808	131,135	127,690	115,905	102,399	82,051	82,711	65,229	65,562	91,263	92,618	31,456	32,946	32,532	33,680	34,193	71,168	71,134	71,548	71,988	76,235	77,991	71,746	73,499	73,122	70,572	78,177	273,866	285,790	303,880	308,087	329,941	357,960	334,861	116,799	116,223	108,714	110,269	112,686	106,057	109,549	94,626	91,274	93,100	70,396	78,938	64,840	63,844	49,930	40,035	41,501	28,738	24,583	24,715	21,086	18,373	14,195	18,189	15,765	12,306	13,794	16,614	41,436	40,806	32,543	28,954	25,605	22,232	19,054	19,100	15,900	15,500	16,194	16,600	19,600	21,500	19,087	17,800	15,000	12,700	12,324	12,200	12,400	13,100	12,589	15,900	14,300	7,600	7,900	6,000	5,800	6,300	6,400	6,000	6,600	7,800	7,400	7,700	10,200	13,000	13,800	13,500	13,300	13,900	13,800	12,600	14,300	12,600	13,500	-	-	-	7,300	-	-	-	5,000	-	-	-	5,500	-	-	-	-	-
Short Term Debt	457,519	0	0	0	460,328	-547,214	-562,681	0	454,106	275,276	127,662	125,572	98,875	101,256	0	0	98,875	0	0	0	98,875	106,440,000	107,657,000	108,595,000	98,875,000	138,557,000	116,331,000	100,845,000	92,875	131,135,000	127,690,000	115,905,000	102,399	82,051,000	82,711,000	65,229,000	71,180	64,080,000	65,456,000	4,315,000	0	5,434,000	5,891,000	6,426,000	6,481	6,490	6,948	7,432	11,722	13,522	7,321	9,117	8,784	64,294	64,251	256,586	202,007	221,405	221,596	221,794	222,684	334,861	116,799,000	116,223,000	108,714	110	113	106	109,549	94,626	91,274	93,100	88,413,000	79	0	64	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,543	28,954	25,605	22,232	19,100	19,100	15,900	15,500	7,300	0	0	0	7,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,000	0	0	0	3,200	7,700	10,200	13,000	7,000	13,500	13,300	13,900	7,200	12,600	14,300	12,600	8,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	39,023	37,238	26,566	26,407	24,318	18,077	17,282	18,054	17,650	17,198	17,628	17,855	20,678	21,288	20,560	19,233	23,527	22,692	23,064	23,473	22,950	23,954	23,642	24,400	733,818	703,116	677,854	679,035	653,742	683,759	678,080	668,372	619,556	21,882	22,666	25,289	25,042	37,016	38,992	34,719	38,336	37,274	36,889	36,146	37,025	37,052	27,947	32,952	33,137	32,472	39,838	32,789	33,457	27,881	27,953	23,284	24,194	30,519	32,310	28,096	37,120	54,735	57,212	77,648	79,780	105,530	133,270	147,419	161,711	168,628	147,324	176,404	206,717	219,922	201,852	194,135	181,195	192,014	171,307	146,756	153,322	118,986	50,610	52,117	50,673	63,314	58,591	52,946	56,267	61,031	52,815	48,914	53,748	64,221	51,228	57,604	67,455	0	0	0	59,446	0	0	0	35,761	0	0	0	31,946	0	0	0	28,238	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	652,550	663,089	655,190	634,490	621,114	580,372	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,702,861	2,669,070	2,677,838	2,679,060	2,737,879	2,705,460	2,755,342	2,760,988	2,813,362	2,375,505	2,168,334	2,042,806	1,978,575	1,820,189	1,600,234	1,507,866	1,592,785	1,559,191	1,477,039	1,442,310	1,372,930	1,370,429	1,357,899	1,351,528	1,405,886	1,402,945	1,358,044	1,307,968	1,341,724	1,359,732	1,336,585	1,304,448	1,321,587	1,318,308	1,339,875	1,356,800	1,392,478	1,381,369	1,360,280	1,276,619	1,326,058	1,316,896	1,272,484	1,262,655	1,291,375	1,237,858	1,180,948	1,137,384	1,156,141	1,134,725	1,128,858	1,114,322	1,141,206	1,129,972	1,132,554	1,310,141	1,369,160	1,360,358	1,355,320	1,342,214	1,449,226	1,544,307	1,370,263	1,405,668	1,441,974	1,448,594	1,460,243	1,420,540	1,458,207	1,406,533	1,360,915	1,334,258	1,361,151	1,329,383	1,283,697	1,197,920	1,193,353	1,146,372	1,096,814	1,044,994	1,031,867	1,001,380	935,135	856,291	842,273	763,622	705,581	678,341	677,863	654,680	609,813	575,814	563,448	545,837	534,710	525,272	535,741	523,800	521,000	497,400	498,481	471,600	450,900	432,000	417,691	403,100	391,300	376,600	383,372	375,100	368,100	358,200	351,359	349,000	335,100	322,500	325,200	323,400	320,600	315,800	313,900	283,700	265,700	251,400	251,900	234,200	225,700	221,200	219,100	210,100	204,000	198,000	201,300	203,800	203,800	197,100	197,800	-	-	-	193,900	-	-	-	182,400	-	-	-	178,500	-	-	-	132,000	-
Total Current Assets	397,292	354,934	345,696	332,089	204,176	178,431	545,672	530,488	622,909	239,280,000	590,416	409,250	432,683	381,560,000	310,806,000	312,832	354,396	343,652	781,028	754,622	794,094	774,091	759,011	749,242	860,364	848,428	801,967	778,774	818,123	805,479	773,314	735,116	808,369	764,807	187,267	178,435	286,254	205,461	189,368	210,670	288,362	786,789	766,023	747,798	768,108	1,710,781	1,635,031	912,107	799,113	910,907	914,291	899,494	787,151	914,621	916,970	1,094,273	1,000,937	1,140,884	1,135,463	1,044,020	1,067,981	1,247,109	-307,905,737	1,088,939	1,035,293	1,119,508	1,130,182	1,096,288	1,065,154	1,112,219	1,074,387	1,046,067	1,042,879	1,077,035	1,035,166	952,425	913,916	903,955	859,466	823,999	833,087	811,877	748,184	678,329	671,891	616,332	562,270	538,586	534,279	526,821	483,306	450,189	446,609	433,026	422,837	417,784	429,869	447,200	451,500	434,300	412,664	418,900	400,500	381,600	345,488	354,700	345,100	331,800	315,690	331,200	304,500	16,700	316,059	19,300	15,900	11,000	295,400	12,800	14,300	16,800	32,700	0	0	0	26,000	26,000	25,100	26,900	26,000	28,300	29,300	29,800	26,100	24,100	27,900	28,700	28,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	528,269	521,395	524,141	533,415	460,328	25,000	515,000	233,135	454,106	275,276	127,662	338,346	326,953	248,039,000	717,427	673,502	738,563	704,551	681,623	669,229	591,369	593,100	589,900	592,100	624,400	599,200	583,200	565,100	593,700	578,100	576,100	567,000	589,900	600,300	598,200	615,600	628,100	630,200	611,000	600,000	637,900	646,300	621,900	618,500	651,200	656,100	641,200	620,700	629,700	604,500	614,000	607,800	632,900	622,400	620,500	614,000	635,100	629,600	607,100	564,100	602,400	554,200	558,500	559,100	579,200	544,300	537,500	514,700	546,400	508,200	487,400	472,900	88,413,000	79	0	64	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,543	28,954	25,605	22,232	59,499	19,100	15,900	15,500	47,952	0	0	0	32,789	0	0	0	24,614	0	0	0	20,559	0	0	0	0	0	0	0	3,000	0	0	0	3,200	7,700	10,200	13,000	7,000	13,500	13,300	13,900	7,200	12,600	14,300	12,600	8,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liab	1,324,312	611,296	620,138	622,892	1,367,614	1,347,959	1,395,521	1,436,199	1,518,627	1,158,805	1,032,261	994,908	966,169	869,320	812,902	770,791	839,026	799,307	776,212	763,406	693,104	693,695	691,661	695,325	727,076	730,574	691,667	658,868	692,876	701,366	695,609	675,957	684,459	674,163	672,538	674,041	692,025	714,459	696,377	624,069	662,969	661,706	637,994	641,541	711,003	713,179	699,011	679,755	692,684	669,706	672,696	668,660	692,873	680,433	684,628	874,776	907,094	920,160	901,265	880,893	942,157	874,872	660,529	660,285	672,205	638,338	632,536	603,567	638,673	585,097	559,676	547,156	576,156	539,453	522,303	479,990	481,558	448,291	426,432	395,820	397,259	383,004	358,823	329,833	337,785	302,974	272,878	264,781	274,090	268,126	284,079	265,617	261,458	247,961	243,003	235,322	244,144	230,100	232,600	221,400	232,535	220,100	216,300	210,000	203,795	195,800	191,000	183,300	188,107	183,000	180,800	176,300	171,942	175,200	168,000	160,400	164,100	160,700	160,100	156,300	152,600	136,400	125,900	117,100	119,000	107,300	103,600	101,400	100,700	94,400	89,600	85,300	83,600	85,400	86,100	80,000	78,900	-	-	-	77,100	-	-	-	67,200	-	-	-	71,700	-	-	-	56,300	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	676,734	666,237	656,203	678,810	672,371	666,377	649,100	648,848	658,366	640,976	0	0	0	0	0	0	0	0	652,550	663,089	655,190	634,490	621,114	580,372	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,371,411	1,351,861	1,358,491	1,352,441	1,362,151	1,344,956	1,347,144	1,312,472	1,282,009	1,207,896	1,129,977	1,041,873	1,005,112	943,881	781,105	731,751	747,306	753,599	694,987	673,798	673,514	670,944	660,309	650,793	672,211	665,132	658,553	642,093	641,200	650,545	632,777	621,571	629,281	635,953	658,926	675,966	693,185	659,871	656,678	645,154	655,298	643,457	622,757	609,930	568,805	510,654	468,290	444,662	450,214	452,211	443,179	432,975	435,210	436,935	433,870	422,249	448,276	426,863	440,080	448,254	493,842	655,176	694,959	730,412	754,059	793,963	810,076	799,781	802,262	803,783	782,232	768,222	766,313	772,487	744,626	703,106	697,313	683,556	656,538	636,547	621,389	604,254	564,156	515,127	493,592	450,563	422,982	404,222	394,540	378,633	317,939	303,068	295,089	291,251	285,060	283,113	284,924	286,900	281,900	269,500	260,443	246,100	229,600	217,200	209,504	203,300	196,200	188,900	190,990	187,600	182,700	177,300	174,852	169,200	162,600	157,600	156,400	156,900	155,600	154,200	156,200	142,500	135,300	130,100	128,600	122,700	118,200	116,100	114,800	112,000	110,700	109,000	113,900	114,400	113,600	113,100	115,000	-	-	-	116,800	-	-	-	115,200	-	-	-	106,800	-	-	-	75,700	-
Treasury Stock	0	0	0	0	0	0	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-2,666	-4,330	-4,330	-4,330	-4,330	-4,330	-4,330	-4,330	-4,330	-4,330	-4,097	-4,097	-4,097	-4,097	-4,097	-4,097	-4,097	-3,914	-3,914	-3,914	-3,914	-3,914	-3,914	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,905	-3,731	-1,512	-1,512	-1,512	-1,512	-1,512	-1,512	-1,512	-1,104	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31
Begin Period Cash Flow	248,367	485,919	432,683	330,609	192,067	150,079	185,772	179,067	200,558	194,289	208,538	140,843	154,490	116,100	86,246	109,239	136,137	134,734	121,383	114,202	139,156	60,706	36,505	36,803	44,900	30,400	18,500	16,700	16,200	30,900	21,500	10,400	9,700	11,800	15,400	10,800	0
Capital Expenditures	37,791	47,948	39,799	14,992	17,075	10,675	16,396	18,155	19,658	19,537	17,282	16,752	17,704	16,339	11,032	17,968	31,383	42,021	33,931	32,410	37,236	30,165	23,452	19,191	25,307	20,473	13,209	12,670	6,700	12,200	8,700	7,800	3,900	4,000	2,100	0	0
Cash And Cash Equivalents Changes	0	0	55,389	98,737	135,637	41,988	-35,693	6,705	-21,491	6,269	-14,249	67,695	-13,647	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	24,272	29,755	7,701	-5,737	5,564	-172	3,286	15,303	447	-2,073	4,893	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	-15,002	-237,552	53,236	102,074	138,542	41,988	-35,693	6,705	-21,491	6,269	-14,249	67,695	-13,647	38,390	29,854	-22,993	-26,898	1,403	13,351	7,181	-24,954	78,450	24,201	-1,075	-8,100	14,492	11,907	1,786	484	-14,700	9,400	100	800	-2,100	-3,600	8,900	10,800
Change In Working Capital	-15,381	-74,552	-34,348	41,013	44,088	-1,997	-1,161	11,708	12,628	3,841	897	-29,414	-13,751	45,623	-38,726	18,292	4,557	-14,290	58,343	61,633	10,519	42,432	45,063	4,525	8,174	19,162	11,639	13,195	5,176	-13,400	-800	-400	7,200	-400	-5,600	0	0
Change Receivables	0	0	-18,822	-6,598	-2,917	5,280	-6,910	7,759	13,267	9,397	-5,796	-16,133	-6,748	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	-5,355	10,154	-18,822	-6,598	-2,917	5,280	-7,667	7,759	12,894	9,397	0	0	0	46,642	0	11,642	-13,378	-21,050	-23,893	-1,354	-9,848	-18,785	-1,660	576	-900	-14,400	-300	-3,600	2,000	3,300	-4,500	-3,200	-600	200	-1,300	0	0
Change To Inventory	5,355	87,502	22,316	0	0	0	0	0	0	0	0	0	0	0	0	0	-391,535	-486,750	-458,320	-410,783	-416,203	-300,192	-229,706	-186,522	-174,495	-167,202	-138,149	-117,395	-141,883	-302,100	0	0	0	0	0	0	0
Change To Liabilities	0	293	12,721	62,738	31,471	-12,002	1,933	-3,888	-15,066	-25,657	-19,380	44,526	-3,219	0	0	0	0	0	22,077	15,954	0	21,878	18,450	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	46,929	65,037	-3,238	12,367	6,391	14,811	23,659	44,686	2,411	21,412	-42,558	263	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	-84,999	-28,247	57,358	38,336	-7,533	-2,579	-3,497	5,161	-8,732	0	0	0	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	62,447	57,178	36,386	19,216	22,526	24,932	25,878	30,044	30,298	24,226	17,920	17,783	19,542	21,422	28,064	40,959	41,125	37,747	33,954	31,025	25,240	21,383	22,648	20,951	18,100	14,600	12,100	11,000	9,900	7,800	7,100	6,600	6,300	5,800	5,900	0	0
Dividends Paid	50,523	44,672	36,637	30,226	28,345	28,263	28,135	27,840	18,010	2,334	2,159	1,832	917	7,990	8,636	9,371	26,244	31,168	29,377	20,326	19,307	7,713	5,926	4,814	6,229	5,846	1,644	1,488	1,214	1,100	1,000	800	700	1,300	1,900	0	0
End Period Cash Flow	233,365	248,367	485,919	432,683	330,609	192,067	150,079	185,772	179,067	200,558	194,289	208,538	140,843	154,490	116,100	86,246	109,239	136,137	134,734	121,383	114,202	139,156	60,706	35,728	36,800	44,892	30,407	18,486	16,684	16,200	30,900	10,500	10,500	9,700	11,800	8,900	10,800
Exchange Rate Changes	0	0	0	0	0	-3,810	3,731	-141	-7,664	-5,189	-4,877	1,821	-803	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	45,251	143,912	350,492	260,814	149,284	73,502	91,672	104,807	60,856	44,452	69,905	103,770	5,705	24,855	-27,984	-123,126	-26,805	57,710	139,577	138,000	156,704	132,386	84,734	12,722	32,568	65,994	20,619	24,080	13,868	15,700	45,800	28,500	14,700	7,000	9,600	8,900	10,800
Investments	-112,075	-300,665	2,254	-18,438	21,193	36,408	-71,102	-40,760	-50,499	-27,425	-51,221	-25,256	4,009	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	108,961	0	0	0	0	0	0	0	0	0	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	-36,987	387,535	-9,125	2,596	-5,588	-1,272	-4,583	30,157	59,435	-1,795	-5,242	12	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	45,598	181,788	339,982	169,672	90,272	59,022	60,146	68,421	4,043	38,309	72,584	118,977	8,678	-5,150	-42,431	-241,860	-40,220	43,252	88,765	82,518	123,755	94,480	48,686	606	28,400	47,000	15,300	14,400	7,000	9,700	23,700	14,600	1,700	200	100	3,700	11,700
Other Cashflows From Financing Activities	-19,525	1,200	-40,987	2,201	-11,481	-12,732	-14,759	-15,868	-9,747	-9,027	-3,096	-10,596	-129	1,635	65,490	289,336	14,479	17,307	37,161	34,440	15,748	4,259	6,597	16,856	10,056	9,150	10,688	4,366	7,937	5,100	3,300	2,700	3,500	4,600	2,900	0	0
Other Cashflows From Investing Activities	0	-252,717	-18,429	-197,940	2,922	-16,354	-16,399	2,141	1,366	-31,595	-9,860	5,480	-15,524	3,014	10,924	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-13,770	14,871	57,310	34,015	-4,480	-258,589	12,973	2,361	34,900	-9,583	-5,909	21,581	10,428	512	36,359	77,451	7,291	41,981	1,604	-12,157	25,051	-5,099	-8,211	5,831	-323	1,563	-3,325	-2,441	-2,852	25,600	31,000	22,000	7,100	7,000	12,200	5,200	-900
Sale Purchase Of Stock	-1,783	-3,262	-2,252	-1,054	-532	-1,175	-727	-13,053	-27,950	-22,048	-14,290	-11,133	0	0	0	0	-9,472	0	0	0	0	0	0	-1,512	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	10,920	12,282	11,966	5,751	2,097	4,809	5,303	2,982	4,445	4,020	-14,565	31,375	-276	-31,757	1,012	0	0	-4,727	0	0	0	-3,420	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-69,099	-123,220	310,374	54,301	-37,762	-47,758	-43,595	-59,342	-25,550	26,026	-18,196	-18,120	-7,034	-238,790	-88,597	251,987	-42,383	-38,122	-15,673	2,378	-6,789	-10,530	9,665	4,720	-3,537	-7,194	4,804	-1,816	-486	500	-2,000	-7,700	-1,900	-3,000	-4,400	0	0
Total Cash From Operating Activities	83,042	191,860	390,291	275,806	166,359	84,177	108,068	122,962	80,514	63,989	87,187	120,522	23,409	41,194	-16,952	-105,158	4,578	99,731	173,508	170,410	193,940	162,551	108,186	31,913	57,875	86,467	33,828	36,750	20,568	27,900	54,500	36,300	18,600	11,000	11,700	8,900	10,800
Total Cashflows From Investing Activities	0	-300,665	-645,276	-231,370	7,040	9,379	-103,897	-56,774	-68,791	-78,557	-78,363	-36,528	-29,219	235,160	130,190	0	7,932	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Begin Period Cash Flow	202,985	190,039	174,815	248,367	320,933	405,310	396,649	485,919	607,605	400,542	412,763	432,683	381,560	310,806	293,599	330,609	320,960	201,205	164,507	192,067	149,669	121,128	103,474	150,079	168,746	147,205	122,575	185,772	161,788	137,266	108,753	179,067	211,315	164,601	153,146	200,558	168,445	150,376	120,342	194,289	201,138	216,589	175,376	208,538	177,820	157,583	115,111	140,843	123,166	122,685	111,870	154,490	136,545	140,933	134,785	116,100	108,721	91,432	68,265	86,246	199,161	102,900	90,903	109,239	112,099	126,170	104,074	136,137	127,582	137,880	118,361	134,734	131,584	119,610	96,856	121,383	113,878	119,824	101,401	114,202	92,276	168,190	122,813	139,156	98,470	76,578	69,830	60,706	59,762	70,734	44,985	35,728	34,359	36,192	30,738	36,803	41,200	0	47,200	44,900	7,300	8,300	30,300	30,400	0	6,700	18,400	18,500	0	4,500	16,800	16,700	3,400	4,900	11,000	16,200	0	0	30,900	30,800	2,300	4,800	12,200	21,500	0	3,900	9,500	10,400	0	2,500	7,300	9,700	0	2,900	7,200	11,800
Capital Expenditures	8,304	13,992	6,601	8,894	12,674	9,048	13,935	12,291	13,586	9,783	10,709	5,721	4,500	3,696	2,015	4,781	5,118	4,068	5,154	2,735	2,197	2,788	3,697	1,993	3,985	3,083	3,742	5,586	4,540	2,121	6,000	5,494	6,285	1,601	6,793	4,979	4,055	6,376	4,823	4,283	4,260	5,340	3,423	4,259	2,648	5,041	4,401	4,662	3,916	2,680	6,859	4,249	7,294	5,217	914	2,914	4,100	2,926	3,208	798	4,278	7,688	3,008	2,994	1,159	7,916	11,893	12,733	17,584	7,460	10,235	6,742	9,654	7,430	10,395	6,452	11,224	7,290	8,292	5,604	9,044	11,294	8,248	8,650	12,330	6,917	5,357	5,561	10,546	4,722	4,381	3,803	2,745	4,762	6,862	4,822	5,507	3,900	11,000	4,900	6,573	5,400	3,600	4,900	3,609	3,600	3,800	2,200	4,370	2,100	4,100	2,100	900	2,200	700	2,900	11,200	6,100	4,700	2,400	1,500	2,100	2,000	3,100	2,300	2,100	1,700	1,700	900	1,400	900	700	1,000	1,100	1,300	600
Cash And Cash Equivalents Changes	0	0	14,312	-73,257	0	-79,177	11,634	-88,903	-119,533	207,063	-12,221	-19,920	47,786	70,754	17,207	-37,010	6,744	119,755	36,698	-27,560	42,398	28,541	17,654	-46,605	-18,667	21,541	24,630	-63,197	23,984	24,522	28,513	-70,314	-32,248	46,714	11,455	-47,412	32,113	18,069	30,034	-73,947	-6,849	-15,451	41,213	-33,162	30,718	20,237	42,472	-25,732	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-11,919	-18,525	0	2,799	18,174	48	6,052	10,254	7,080	886	15,880	10,127	-894	4,642	16,612	6,890	-4,182	-11,619	-5,248	1,864	1,790	-4,143	4,500	8,057	-3,131	-3,862	5,373	-3,147	-127	-2,271	3,969	1,158	3,423	-5,264	14,962	3,652	-2,035	-1,276	3,423	-1,590	-541	-845	2,122	-1,046	-2,614	-535	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	30,380	12,946	15,224	-73,552	-72,566	-84,377	8,661	-89,270	-121,686	207,063	-12,221	-19,920	51,123	70,754	17,207	-37,010	9,649	119,755	36,698	-27,560	42,398	28,541	17,654	-46,605	-18,667	21,541	24,630	-63,197	23,984	24,522	28,513	-70,314	-32,248	46,714	11,455	-47,412	32,113	18,069	30,034	-73,947	-6,849	-15,451	41,213	-33,162	30,718	20,237	42,472	-25,732	17,677	481	10,815	-42,620	17,945	-4,388	6,148	18,685	7,379	17,289	23,167	-17,981	-112,915	96,261	11,997	-18,336	-2,860	-14,071	22,096	-32,063	8,555	-10,298	19,519	-16,373	3,150	11,974	22,754	-24,527	7,505	-5,946	18,423	-12,801	21,926	-75,914	45,377	-16,343	40,686	21,892	6,748	9,124	944	-10,972	25,749	9,257	1,369	-1,833	5,454	-6,065	-4,400	-1,000	-5,000	2,300	1,792	7,300	8,300	-100	8,307	-3,400	6,700	-100	-2,414	-400	4,500	100	-2,616	3,400	4,900	-5,200	3,400	-1,500	-2,500	100	11,600	2,300	4,800	-9,300	300	-2,100	3,900	-900	900	-200	2,500	-2,400	100	-500	2,900	-4,600
Change In Working Capital	12,651	13,699	5,154	-51,162	2,232	-5,011	-22,410	-49,363	13,509	-10,896	-7,470	-29,491	42,128	14,376	18,450	-33,941	37,700	34,767	4,586	-32,965	21,562	10,213	3,623	-37,395	28,480	2,423	-283	-31,781	21,579	10,740	16,711	-37,322	9,040	16,192	23,122	-35,726	7,343	29,389	6,241	-39,132	-8,193	-1,456	17,380	-6,834	-9,192	-4,216	-2,681	-13,325	11,932	-5,290	12,497	-32,890	12,321	13,479	-22,412	42,235	-35,003	-2,395	-9,952	8,624	33,323	5,675	17,580	-38,286	28,114	-4,341	20,183	-39,399	16,620	20,482	-6,320	-45,072	38,197	1,325	18,639	182	16,633	20,844	24,479	-323	23,856	4,745	9,222	-27,304	39,958	14,530	-887	-11,169	6,140	13,998	25,160	-235	13,217	7,302	8,073	-24,067	22,974	-4,300	17,200	-7,400	12,562	2,600	11,000	-7,000	26,039	-4,200	-2,200	-8,000	8,595	400	7,600	-3,400	316,059	0	0	-295,400	9,800	-7,600	-7,800	-7,800	13,800	200	-600	-14,200	2,200	2,000	-400	-4,200	7,400	4,200	2,600	-7,000	-9,200	3,200	5,200	400
Change Receivables	0	0	7,032	-13,724	0	6,614	-3,319	6,226	1,949	1,595	-18,853	-3,513	-2,308	-13,082	-2,750	11,542	5,921	8,027	-11,179	-5,686	3,260	6,383	-2,240	-2,123	5,365	-3,276	-5,103	-3,896	3,373	3,310	5,322	-4,246	4,633	9,197	12,913	-13,476	6,090	3,021	5,541	-5,255	-6,483	-13,093	355	13,425	5,128	-8,294	-11,424	-1,543	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-7,007	13,699	7,032	7,032	633	6,614	-3,319	6,226	1,949	1,595	-18,853	-3,513	-2,308	-4,290	-2,750	11,542	5,921	8,027	-11,179	-5,686	3,260	6,383	-2,240	-2,123	-6,910	0	0	0	7,759	4,386	1,076	0	13,267	8,634	0	0	9,397	3,307	286	0	0	687	13,780	13,425	0	0	0	0	0	0	4,930	0	46,642	41,737	34,168	57,444	0	5,899	3,756	22,243	11,642	0	0	-1,077	-9,772	-4,437	-8,587	9,418	-10,034	-9,558	-12,274	10,816	-12,507	-3,870	-13,667	6,151	-16,639	6,723	-6,129	14,691	-3,089	-2,882	-10,554	6,677	-12,225	-6,126	-6,275	5,841	-8,216	7,017	-5,629	5,168	-1,414	269	2,578	-857	-6,400	0	0	9,100	-10,300	-1,200	0	-2,900	4,200	-1,200	-4,300	1,000	-2,200	-300	300	-1,400	0	0	0	0	2,500	700	-500	600	-1,200	-800	-1,600	-900	-500	-1,700	600	-1,600	2,500	300	500	-3,900	-2,400	1,400	1,000	200
Change To Inventory	-4,151	-2,541	-7,032	13,724	-633	-6,614	3,319	0	0	0	0	0	59,060	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-548,650	-427,453	-569,419	-571,877	-598,564	-505,018	-580,198	-585,592	-597,115	-1,006,206	-1,069,718	-1,031,515	-939,907	-888,862	-892,807	-848,370	-824,264	-807,105	-804,314	-744,547	-691,827	-644,927	-608,758	-561,282	-543,713	-524,928	-521,409	-470,079	-449,906	-436,290	-428,975	-419,033	-428,871	-411,895	0	0	-438,000	-399,602	-417,600	0	-385,100	-327,749	-356,800	-346,200	-335,800	-304,195	-331,000	-300,700	0	0	0	0	0	-290,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	7,999	614	-34,656	82,255	-13,512	-17,667	-50,808	36,082	-14,995	6,841	-20,116	61,437	24,118	20,348	-43,165	24,718	18,341	14,624	-26,212	11,478	2,846	3,932	-30,258	22,415	-1,614	8,487	-27,355	12,139	7,356	5,056	-28,439	-6,870	11,564	-17,913	-1,847	8,579	-4,663	1,327	-30,900	2,232	10,125	-928	-30,809	30,872	6,502	20,822	-13,670	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22,077	8,046	1,648	0	15,954	7,736	0	0	0	0	0	0	21,878	5,599	0	0	18,450	13,445	11,876	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	11,144	3,913	5,925	-5,801	3,670	4,258	3,059	19,975	6,581	8,842	5,695	-11,158	3,132	1,916	2,872	2,539	5,936	2,817	1,075	8,098	-2,853	-592	1,738	1,657	6,168	5,167	1,819	13,443	1,160	5,183	3,873	-289	40,899	6,120	-2,044	-3,024	12,311	-351	-6,525	-7,940	10,150	13,479	5,723	-43,383	-1,140	322	1,643	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-3,722	-1,353	-1,353	-80,656	2,377	-1,674	-5,046	-24,522	-398	4,542	-7,869	59,060	2,041	70	-3,813	35,426	4,021	-296	-815	16,353	5,066	6,159	-35,111	-2,579	-721	2,627	-3,725	-3,497	0	0	0	5,161	0	0	0	-8,732	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	15,599	16,414	15,528	14,906	15,075	14,066	14,289	13,748	13,992	9,145	6,819	6,430	5,780	5,144	4,061	4,231	5,068	5,694	5,774	5,990	6,323	6,221	6,154	6,234	6,481	6,578	6,441	6,378	7,316	7,082	7,340	8,306	8,285	7,634	7,274	7,105	8,156	6,620	5,055	4,395	5,199	4,143	4,220	4,358	4,360	4,335	4,564	4,524	5,199	4,751	4,762	4,830	4,678	5,131	5,677	5,936	6,241	6,962	6,997	7,864	14,558	8,360	8,950	9,091	10,688	10,403	10,149	9,885	10,842	9,791	8,426	8,688	9,312	8,592	8,244	7,806	8,044	7,723	8,282	6,976	6,741	6,422	6,168	5,909	5,559	5,196	5,243	5,385	6,071	5,711	5,598	5,268	5,150	5,575	5,135	5,091	4,900	0	0	3,900	3,900	3,800	3,600	3,300	3,400	3,100	2,800	2,800	3,100	2,700	2,700	2,500	0	0	0	0	2,000	2,100	1,900	1,800	2,000	1,800	1,700	1,600	2,000	1,700	1,400	1,500	1,500	1,500	1,500	1,800	1,600	1,500	1,400	1,300
Dividends Paid	12,999	12,993	12,271	12,260	12,208	12,206	10,139	10,119	10,079	8,870	8,848	8,840	8,012	8,016	7,099	7,099	7,088	7,090	7,084	7,083	7,068	7,068	7,066	7,061	7,035	7,035	7,034	7,031	7,040	7,040	7,040	6,720	6,730	5,609	5,671	1,677	2,334	2,532	3,034	1,478	2,159	2,557	2,431	2,226	1,832	2,127	2,539	1,682	917	0	0	2,505	2,505	0	0	2,829	2,829	2,252	0	3,229	3,229	2,143	2,015	1,984	15,353	5,165	2,747	2,979	17,298	5,232	5,124	3,514	20,843,532	0	3,902	2,566	11,190	3,131	3,447	2,558	11,035	3,176	3,189	1,907	2,187	2,131	2,075	1,320	1,820	1,516	1,629	961	1,246	1,334	1,410	824	4,629	500	600	500	4,446	500	500	400	444	400	400	400	388	400	300	400	314	300	300	300	300	200	300	300	300	300	200	200	200	200	200	200	100	200	200	200	200	400	300	400
End Period Cash Flow	233,365	202,985	190,039	174,815	248,367	320,933	405,310	396,649	485,919	607,605	400,542	412,763	432,683	381,560	310,806	293,599	330,609	320,960	201,205	164,507	192,067	149,669	121,128	103,474	150,079	168,746	147,205	122,575	185,772	161,788	137,266	108,753	179,067	211,315	164,601	153,146	200,558	168,445	150,376	120,342	194,289	201,138	216,589	175,376	208,538	177,820	157,583	115,111	140,843	123,166	122,685	111,870	154,490	136,545	140,933	134,785	116,100	108,721	91,432	68,265	86,246	199,161	102,900	90,903	109,239	112,099	126,170	104,074	136,137	127,582	137,880	118,361	134,734	131,584	119,610	96,856	121,383	113,878	119,824	101,401	114,202	92,276	168,190	122,813	139,156	98,470	76,578	69,830	60,706	59,762	70,734	44,985	35,728	34,359	36,192	30,738	36,800	-1,000	-5,000	47,200	1,792	7,300	8,300	30,300	8,307	-3,400	6,700	18,400	-2,414	-400	4,500	16,800	-2,616	3,400	4,900	11,000	3,400	-1,500	-2,500	30,900	11,600	2,300	4,800	12,200	300	-2,100	3,900	9,500	900	-200	2,500	7,300	100	-500	2,900	7,200
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	-2,093	126	69	0	1,448	1,583	-3,510	0	-792	627	1,367	-2,581	328	-1,273	-284	-233	1,623	1,514	827	-1,916	-600	-523	2,898	-1,072	-3,874	495	-3,213	-449	-3,310	2,145	-3,575	-3,459	1,716	-2,347	-787	-449	2,666	-1,521	1,125	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	31,160	45,541	28,506	-59,956	12,146	39,805	69,377	22,584	119,388	97,082	92,301	41,721	130,445	87,055	59,455	-16,141	53,952	111,650	26,300	-42,618	38,247	33,578	32,596	-30,919	56,035	28,434	31,978	-24,775	54,436	43,406	44,300	-37,335	8,632	58,424	25,649	-31,849	44,838	40,626	13,460	-54,472	12,081	22,412	43,061	-7,649	61,044	32,413	35,311	-24,998	24,428	-1,105	25,263	-42,881	19,540	3,500	-8,874	10,689	-10,338	1,226	9,725	-28,597	-37,730	-32,754	-18,201	-34,441	-9,073	-12,538	22,655	-27,849	27,025	34,873	16,569	-20,757	30,582	38,473	62,687	7,835	15,489	51,597	51,267	19,647	26,912	61,779	54,125	13,888	57,803	42,916	20,113	11,554	16,805	31,547	29,965	6,417	11,896	5,966	8,777	-13,917	10,268	6,900	10,400	5,000	21,194	18,100	20,100	6,600	14,719	4,200	5,900	-4,200	4,680	5,700	8,600	5,100	6,568	14,200	2,800	-9,700	-1,600	9,100	300	7,900	25,200	12,100	12,900	-4,400	12,700	7,700	7,400	700	6,900	5,400	8,300	-5,900	-4,500	6,400	4,300	800
Investments	6,784	-11,666	-38,153	-26,506	-75,322	-48,660	-51,160	-67,011	38,328	-21,922	-21,327	-61,313	54,618	-24,963	-20,372	-27,721	23,573	-1,059	-304	-1,017	72,457	-10,050	-18,020	-7,979	-33,892	-20,465	5,034	-21,779	6,522	-9,795	-2,518	-34,969	-52,740	467	1,786	-12	-7,517	-3,418	-3,275	-13,215	-8,266	-24,097	2,166	-21,024	-21,584	-14,891	10,393	826	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-170	-2,068	506	1,339	-1,153	-37,679	213,811	149,631	28	24,065	251	-446	-911	-8,019	5,261	-32	359	-2,992	1,596	-1,217	-938	-5,029	-30,467	21,215	15,487	-7,507	-26,329	2,269	10,784	8,693	19,286	-660	17,482	-5,951	1,482	-1,376	60,841	-1,512	-6	-458	-534	-797	-9	-459	-473	-4,301	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	13,104	13,999	19,782	-5,218	18,263	34,728	66,885	61,912	90,625	93,395	98,840	57,122	64,333	60,285	37,680	7,374	3,063	69,668	22,325	-4,784	14,859	20,404	25,720	-1,961	18,070	13,911	22,156	6,009	20,193	29,766	27,526	-9,064	5,189	-10,427	20,625	-11,344	14,130	26,061	8,746	-10,628	19,910	18,017	29,899	4,758	64,593	37,097	28,042	-10,755	4,245	6,309	7,648	-9,524	12,188	-1,245	12,112	-28,205	33,389	-21,819	-11,982	-42,019	-158,004	-29,976	-28,588	-25,292	-31,312	-14,270	10,124	-4,762	10,745	14,150	15,711	2,646	9,101	31,771	37,227	10,666	20,279	21,138	29,961	11,140	20,782	42,068	41,030	19,875	43,828	21,597	17,711	11,344	17,172	13,003	15,438	3,073	328	1,758	1,874	-3,354	1,000	6,100	11,700	9,600	13,100	14,000	11,300	8,600	4,200	5,500	5,500	100	2,100	4,400	5,700	2,200	3,300	3,500	1,600	-1,400	1,300	1,700	2,300	4,400	9,500	7,400	5,400	1,400	6,100	4,800	2,200	1,500	3,000	1,500	1,900	-4,700	-300	1,200	900	-1,600
Other Cashflows From Financing Activities	5,909	-2,267	-5,774	1,737	-11,794	26,860	-8,790	-8,162	-13,422	-13,844	-6,530	-7,191	-99,238	-3,926	-2,631	-3,326	-2,928	-3,066	-2,310	-3,177	-2,965	-2,904	-3,654	-3,209	-4,071	28,944	11,597	-2,506	-4,135	10,542	-4,695	6,732	-2,909	-3,278	21,615	-1,579	-1,986	47,023	56,639	-1,478	4,627	-2,508	-2,666	-37,097,549	-4,294	-2,168	-2,452	-1,682	-2,185	4,169	-1,362	-7,582,751	2,917	-4,022	-1,856	-889	64,227	256	-1,794	-754	43,686	228,168	6,293	10,738	-3,637	-7,809	9,334	7,119	7,991	1,849	3,554	-8,571	-37	7,697	4,097	2,495	13,025	783	13,893	6,739	1,099	4,958	3,806	5,885	-385	3,192	1,008	444	-1,985	-51	3,818	4,907	3,014	4,323	3,927	4,488	4,521	3,100	600	-500	6,350	1,900	-400	3,500	1,888	3,900	3,000	1,900	1,266	1,700	400	1,000	1,437	2,500	3,600	400	8,300	5,800	600	1,800	1,200	900	200	1,000	800	1,200	-1,000	1,700	1,000	1,400	600	500	2,500	300	800	1,000
Other Cashflows From Investing Activities	0	-7,266	42,256	30,588	-252,717	-56,493	19,169	14,086	-19,417	4,688	724	-6,557	-125,395	-89,001	-12,743	29,199	-64,773	20,154	19,202	28,339	-56,800	15,889	16,102	8,455	425	846	-18,119	449	1,497	52	205	387	3,420	1,266	95	-3,415	3,840	1,459	-37,199	305	1,079	-12,516	1,533	44	567	401	1,214	3,298	0	0	0	58	3,014	2,781	2,900	0	10,924	0	0	0	0	0	0	0	0	2,561	0	0	0	0	0	0	0	0	0	0	0	350	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	1,712,414	29,120	-10,749	-1,736,347	-14,061	2,246	20,347	-258,661	-1,345	14,286	14,318	-1,996,793	34,510	8,205	4,069	262,089	-8,654,478	213	-3,530	243,072	-260,070	-36	-208	165,056	-8,324,236	7,179	2,998	-137,025	4,553	-55	-2,502	1,957,844	-10,287	9,572	-20,631	2,234,051	12,068	-15,068	-1,759	-4,909	338	7,048	-5,015	-9,061	11,781	238	9,787	-1,023	11,417	-4,195	7,215	-1,564	19,279	-8,648	-3,337	-4,158	-3,752	21,404	27,870	-2,268	76,671	2,501	-5,297	20,775	-19,242	7,125	-2,477	21,885	9,969	609	9,134	22,269	-9,063	11,307	3,578	-4,218	-22,459	10,078	-6,556	6,780	-17,764	14,888	3,442	24,485	-19,212	8,510	3,403	11,555	-2,032	3,557	-11,850	2,114	-4,054	-3,907	557	13,235	-13,099	9,000	-7,500	3,800	-1,795	3,100	-2,200	6,600	-15,311	3,400	3,600	3,100	-4,745	300	-3,300	5,900	-311,891	12,900	1,900	290,000	-3,500	6,800	8,600	11,900	1,400	4,800	8,400	9,900	4,700	1,300	5,900	3,600	-4,100	-400	3,200	4,700	4,400	1,600	-1,900	1,300
Sale Purchase Of Stock	-207	-223	-82	-1,271	-94	-617	-89	-2,462	-107	-143	-67	-1,935	-228	-358	-75	-393	-51	-10	-92	-379	-488	-15	-93	-579	-727	-3,077	-3,750	-2,563	-1,053	-3,770	-12,000	-3,028	-135	-22	-26,400	-1,393	-5,761	-13,363	-5,938	-1,478	-13,381	-2,508	-2,666	-2,949	-11,090	-43	0	0	0	0	0	0	0	0	0	0	-57	0	0	0	0	0	0	0	0	0	0	0	0	0	0	12,484	20,843,532	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-408	0	0	0	0	0	2,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	610	3,267	4,284	2,759	3,043	2,799	4,201	2,239	3,472	2,615	2,705	3,174	1,517	1,785	1,562	887	-1,283	1,323	1,253	804	1,770	1,060	1,839	140	3,225	-1,294	2,142	1,230	-2,111	1,370	2,328	1,395	-181	1,020	2,562	1,044	4,020	0	0	6,338,085	-17,173	0	0	-1,272,611	31,930	0	0	-1,751,757	-3,237	0	0	-2,029,484	-32,176	0	0	806,795	-5,883	0	0	0	0	6,180	10,885	297	0	0	0	0	-4,727	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-17,936	-15,483	-18,297	-17,383	-25,077	-13,829	-25,752	-58,562	190,203	129,308	-15,297	6,160	-12,361	96,215	-10,716	-18,837	-4,806	-10,198	-9,127	-13,631	-8,925	-11,204	-11,751	-15,878	-41,002	11,103	4,223	-17,919	-36,555	-8,541	-12,951	-1,295	9,512	-9,569	-16,570	-8,923	-8,599	-17,288	54,903	-2,990	-8,284	-2,966	-3,200	-3,746	-6,583	-2,629	-2,925	-5,983	-4,402	1,120	-1,858	-1,894	-76	-14,370	-211,666	-12,678	-27,667	-6,459	-23,646	-30,825	26,377	221,800	-1,382	5,192	-23,666	-16,795	1,546	-3,468	-13,753	-10,098	-6,951	-7,320	-6,637	-742	-6,173	-2,121	-1,407	-6,664	8,991	1,458	-9,863	800	494	1,780	-6,053	72	-1,774	-2,775	-8,107	16,726	-1,524	2,570	15	1,495	873	2,337	-1,837	1,500	-1,400	-1,800	-2,394	-4,000	-2,800	2,000	-96	2,900	1,800	200	184	-500	-1,600	100	-3,386	1,200	2,300	-600	1,600	-100	-600	-400	100	-900	-1,500	300	-1,100	-2,600	-4,100	100	-700	100	-700	-600	1,100	-2,000	-200	-1,900
Total Cash From Operating Activities	39,464	59,533	35,107	-51,062	24,820	48,853	83,312	34,875	132,974	106,865	103,010	47,442	134,945	90,751	61,470	-11,360	59,070	115,718	31,454	-39,883	40,444	36,366	36,293	-28,926	60,020	31,517	35,720	-19,189	58,976	45,527	50,300	-31,841	14,917	60,025	32,442	-26,870	48,893	47,002	18,283	-50,189	16,341	27,752	46,484	-3,390	63,692	37,454	39,712	-20,336	28,344	1,575	32,122	-38,632	26,834	8,717	-7,960	13,603	-6,238	4,152	12,933	-27,799	-33,452	-25,066	-15,193	-31,447	-10,232	-4,622	34,548	-15,116	44,609	42,333	26,804	-14,015	40,236	45,903	73,082	14,287	26,713	58,887	59,559	25,251	35,956	73,073	62,373	22,538	70,133	49,833	25,470	17,115	27,351	36,269	34,346	10,220	14,641	10,728	15,639	-9,095	15,775	10,800	21,400	9,900	27,767	23,500	23,700	11,500	18,328	7,800	9,700	-2,000	9,050	7,800	12,700	7,200	7,468	16,400	3,500	-6,800	9,600	3,000	5,000	10,300	26,700	14,200	14,900	-1,300	15,000	9,800	9,100	2,400	7,800	6,800	9,200	-5,200	-3,500	7,500	5,600	1,400
Total Cashflows From Investing Activities	0	-36,753	-2,498	-4,812	-300,665	-114,201	-45,926	-65,216	-444,608	-27,017	-100,060	-73,591	-75,277	-117,660	-35,130	-3,303	-46,318	15,027	13,744	24,587	13,460	3,051	-5,615	-1,517	-37,452	-22,702	-16,827	-26,916	3,479	-11,864	-8,313	-40,076	-55,605	132	-4,912	-8,406	-7,732	-8,335	-45,297	-17,193	-11,447	-41,953	276	-25,239	-25,942	-17,254	7,206	-538	0	0	0	0	235,160	244,529	244,387	17,695	130,190	89,514	72,400	41,228	0	0	36,599	8,178	7,932	0	0	0	0	0	2,809	5,094	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	693	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Cost Of Revenue	507,701	648,022	626,762	375,188	345,349,000	345,307,000	381,954,000	917,169	381,954	347,276	280,258	286,496	256,194	273,253	289,648	1,735,146	2,110,645	2,343,108	2,228,358	2,003,854	2,004,336	1,594,808	1,158,727	906,074	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Depreciation And Amortization	62,447	57,178	36,386	19,216	22,526	24,932	25,878	30,044	30,298	24,226	17,920	17,783	19,542	21,422	28,064	40,959	41,125	37,747	33,954	31,025	25,240	21,383	22,648	20,951	18,100	14,600	12,100	11,000	9,900	7,800	7,100	6,600	6,300	5,800	5,900	0	0	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Ebit	-15,159	231,572	417,205	203,738	67,854	64,905	7,743	-9,188	-130,508	-89,635	-25,638	-83,313	-90,635	-85,683	-134,993	-1,765,892	-130,183	-14,862	63,038	64,307	120,837	82,741	14,728	-51,317	-12,474	25,955	-11,641	21,673	9,472	1,000	23,200	3,700	-15,600	-13,600	-16,900	4,100	4,600	10,600	5,600
Ebitda	47,288	288,750	453,591	222,954	90,380	89,837	33,621	20,856	-100,210	-65,409	-7,718	-65,530	-71,093	-64,261	-106,929	-1,724,933	-89,058	22,885	96,992	95,332	146,077	104,124	37,376	-30,366	5,626	40,555	459	32,673	19,372	8,800	30,300	10,300	-9,300	-7,800	-11,000	4,100	4,600	10,600	5,600
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Extraordinary Items	0	0	0	0	0	0	6,600	0	0	0	0	0	0	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	1,749,640	2,421,274	2,679,030	1,913,244	-343,408,992	-343,399,328	1,955,724	2,006,640	2,033,885	1,870,830	1,927,980	1,910,412	1,634,906	1,672,390	1,707,302	1,555,294	2,106,691	2,471,481	2,430,627	2,182,859	2,243,262	1,779,716	1,271,585	935,485	1,071,254	968,761	708,910	344,081	282,505	302,200	348,600	290,000	217,100	210,500	188,500	176,900	183,200	178,400	139,800
Income Before Tax	60,861	232,652	433,971	218,505	116,969	72,529	75,067	88,026	9,693	51,812	101,065	89,338	18,019	2,925	-62,188	-234,506	-51,921	84,536	164,964	133,214	199,503	153,860	80,580	1,146	46,565	76,327	23,679	22,878	10,729	13,900	37,600	21,200	1,100	900	-400	0	0	-	-
Income Tax Expense	15,263	50,864	93,989	48,833	26,695	13,507	14,921	19,605	5,650	13,503	28,481	-29,639	9,341	8,075	-19,757	2,128	-23,926	23,045	56,768	50,696	75,748	59,380	31,894	540	18,143	29,289	8,391	8,441	3,722	4,200	13,900	6,600	-600	700	-500	400	-7,100	2,800	1,200
Interest Expense	19,737	18,403	5,031	2,624	4,341	3,875	3,458	3,062	2,096	3,236	2,956	5,235	5,268	5,423	4,056	5,995	6,842	6,090	3,351	1,248	721	725	2,216	2,266	1,300	1,400	1,300	1,100	1,200	600	500	700	1,200	1,300	1,500	1,100	1,100	1,200	1,000
Interest Income	0	18,403	5,031	2,624	4,341	3,875	3,458	3,062	2,096	0	0	0	0	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	-15,819	-19,483	-16,766	14,767	11,657	11,499	11,487	12,943	10,247	8,556	9,558	9,795	6,330	7,432	8,544	5,226	12,225	18,239	19,431	13,518	13,462	8,940	7,414	5,048	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Income	30,439	162,305	323,216	154,905	78,615	47,523	48,659	55,478	-6,204	29,753	63,026	109,182	2,348	-12,582	-50,975	-241,860	-40,220	43,252	88,765	82,518	123,755	94,480	48,686	606	28,422	47,038	15,288	14,437	7,007	9,700	23,700	14,600	1,700	200	100	3,700	11,700	7,800	4,400
Net Income Applicable To Common Shares	0	162,305	323,216	154,905	78,615	47,523	48,659	55,478	-6,204	29,753	63,026	109,182	2,348	0	0	0	0	43,252	88,765	82,518	123,755	94,480	48,686	606	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Income From Continuing Ops	50,757	181,788	339,982	154,905	78,615	47,523	48,659	55,478	-6,204	29,753	63,026	109,182	8,678	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	-19,709	-18,403	-5,031	-2,624	-4,341	-3,875	-3,458	-3,062	0	0	0	0	0	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	53	0	0	0	0	-11,203	14,213	0	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	0	0	0	35,749	35,749	0	0	0	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	-15,159	231,572	417,205	203,738	67,854	64,905	7,743	-9,188	-130,508	-89,635	-25,638	-83,313	-90,635	-85,683	-134,993	-1,765,892	-130,183	-14,862	63,038	64,307	120,837	82,741	14,728	-51,317	-12,474	25,955	-11,641	21,673	9,472	1,000	23,200	3,700	-15,600	-13,600	-16,900	4,100	4,600	10,600	5,600
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	-	-
Other Operating Expenses	2,176,743	2,836,644	2,871,821	2,069,927	1,823,039	1,835,143	1,880,657	1,918,614	2,024,192	1,819,018	1,826,915	1,821,074	1,616,887	1,669,465	1,769,490	1,789,800	2,158,612	2,386,945	2,265,663	2,049,645	2,043,759	1,625,856	1,191,005	934,339	1,024,689	892,434	685,231	321,203	271,776	239,600	243,600	126,000	102,700	101,200	88,600	1,100	1,100	1,200	1,000
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	-	-
Reconciled Depreciation	61,923	57,178	36,386	19,216	22,526	24,932	25,878	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	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	345,307	0	0	0	0	0	0	0	0	0	0	843,038	1,067,071	1,032,496	987,024	1,024,282	814,651	539,369	401,761	504,201	438,338	334,563	0	0	0	0	0	0	0	0	0	0	-	-
Selling General Administrative	712,794	802,001	776,968	613,195	567,173	562,469	566,178	604,353	658,266	624,326	571,026	542,461	469,839	467,491	481,535	553,792	0	0	0	0	0	0	0	0	0	0	0	170,900	140,800	148,300	152,200	125,300	101,500	99,900	87,100	0	0	-	-
Tax Provision	12,076	50,864	93,989	48,833	26,695	13,507	14,921	19,605	5,650	0	0	0	0	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	1,282,942	648,022	-2,888,587	-2,084,694	-1,872,154	1,760,000	1,781,000	1,824,000	1,916,000	1,734,000	1,718,000	1,676,000	1,470,000	1,516,000	1,583,000	1,617,000	1,983,000	2,239,000	2,134,000	-2,048,397	-2,043,038	-1,625,131	-1,188,789	-932,073	-1,023,389	-891,034	-683,931	-320,103	-270,576	-287,700	-310,500	-268,100	-214,800	-208,300	-187,400	-171,700	-177,500	-166,600	-133,200
Total Other Income Expense Net	60,861	1,080	16,766	14,767	49,115	50,723	55,837	84,271	129,954	132,891	117,145	162,856	102,324	81,176	64,261	1,526,160	66,037	81,159	82,495	68,907	78,666	71,119	65,852	52,463	59,039	50,372	35,320	1,205	1,257	12,900	14,400	17,500	16,700	14,500	16,500	0	0	-	-
Total Revenue	2,257,341	3,069,296	3,305,792	2,288,432	1,940,008	1,907,672	1,955,724	2,006,640	2,033,885	1,870,830	1,927,980	1,910,412	1,634,906	1,672,390	1,707,302	1,555,294	2,106,691	2,471,481	2,430,627	2,182,859	2,243,262	1,779,716	1,271,585	935,485	1,071,254	968,761	708,910	344,081	282,505	302,200	348,600	290,000	217,100	210,500	188,500	176,900	183,200	178,400	139,800

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Cost Of Revenue	-380,023,299	130,455,000	129,333,000	120,743,000	648,022	151,208,000	162,008,000	189,751,000	-1,717,360	152,587,000	137,796,000	125,482,000	-1,176,514	98,531,000	74,613,000	71,858,000	343,918,898	87,826,000	86,051,000	77,155,000	343,869,261	90,810,000	85,953,000	80,267,000	381,954,000	88,489,000	88,786,000	78,318,000	-1	94,043,000	86,458,000	87,711,000	381,954	99,758,000	98,022,000	88,775,000	347,276	95,535,000	89,164,000	67,737,000	280,258	72,657,000	73,426,000	63,797,000	286,496	71,202,000	70,429,000	64,863,000	256,194	66,717,000	64,249,000	59,129,000	273,253	70,476,000	67,694,000	64,387,000	289,648	76,616,000	71	341,917	420,722	86	86,412,000	86,836,000	533,850	103	105	94	613,635	101,758	107,441	89,804	597,519	98	92	81	576,920	483,861	505,410	437,663	571,767	549,491	481,523	401,555	471,947	430,089	370,348	322,424	333,536	309,767	281,870	233,554	255,635	228,717	214,588	207,134	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 And Amortization	15,600	16,414	15,528	14,906	15,075	14,067	14,288	13,748	13,992	9,144	6,819	6,430	5,780	5,144	4,061	4,231	5,068	5,694	5,775	5,990	6,323	6,221	6,154	6,234	6,481	6,578	6,441	6,378	7,316	7,082	7,340	8,306	8,286	7,633	7,274	7,105	8,156	6,621	5,055	4,395	5,199	4,142	4,221	4,358	4,359	4,336	4,563	4,524	5,199	4,751	4,762	4,830	4,678	5,132	5,677	5,936	6,241	6,962	7,163	7,864	14,558	8,360	8,950	9,091	10,688	10,403	10,149	9,885	10,842	9,791	8,426	8,688	9,312	8,592	8,244	7,806	8,044	7,723	8,282	6,976	6,741	6,422	6,168	5,909	5,559	5,196	5,243	5,385	6,071	5,711	5,598	5,268	5,150	5,575	5,135	5,091	4,900	0	0	3,900	3,900	3,800	3,600	3,300	3,400	3,100	2,800	2,800	3,100	2,700	2,700	2,500	0	0	0	0	2,000	2,100	1,900	1,800	2,000	1,800	1,700	1,600	2,000	1,700	1,400	1,500	1,500	1,500	1,500	1,800	1,600	1,500	1,400	1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-4,289	-45,057	-50,180	-8,279	20,734	44,770	86,061	80,008	112,011	112,427	126,117	71,683	79,762	72,529	46,108	7,965	1,656	88,581	27,456	-8,044	17,353	23,001	28,652	-4,100	15,409	16,593	30,273	4,760	20,351	36,213	38,646	-17,063	1,090	-8,006	27,999	-19,541	14,364	41,577	9,951	-19,402	13,765	27,632	46,517	6,550	25,144	38,232	29,373	-7,970	10,270	7,279	5,292	-5,884	14,878	-1,704	16,685	-28,943	8,632	-22,691	-18,157	-37,617	-108,694	-39,811	-44,993	-40,238	-47,209	-21,920	17,539	-473	17,025	23,669	25,866	5,825	16,901	52,534	61,548	17,901	34,081	34,372	47,904	18,105	34,142	68,720	66,240	31,122	71,264	35,683	29,003	18,635	28,224	22,884	26,021	5,667	1,561	3,371	3,446	-4,966	2,565	0	0	15,700	22,527	22,700	18,700	13,800	6,979	8,600	8,900	400	3,878	7,300	9,200	3,700	10,729	0	0	0	1,600	2,700	3,300	6,900	15,300	12,300	8,300	2,200	9,600	7,000	2,800	2,500	4,700	1,900	2,500	-6,800	300	2,100	1,800	-2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	11,311	-28,643	-34,652	6,627	35,809	58,837	100,349	93,756	126,003	121,571	132,936	78,113	85,542	77,673	50,169	12,196	6,724	94,275	33,231	-2,054	23,676	29,222	34,806	2,134	21,890	23,171	36,714	11,138	27,667	43,295	45,986	-8,757	9,376	-373	35,273	-12,436	22,520	48,198	15,006	-15,007	18,964	31,774	50,738	10,908	29,503	42,568	33,936	-3,446	15,469	12,030	10,054	-1,054	19,556	3,428	22,362	-23,007	14,873	-15,729	-10,994	-29,753	-94,136	-31,451	-36,043	-31,147	-36,521	-11,517	27,688	9,412	27,867	33,460	34,292	14,513	26,213	61,126	69,792	25,707	42,125	42,095	56,186	25,081	40,883	75,142	72,408	37,031	76,823	40,879	34,246	24,020	34,295	28,595	31,619	10,935	6,711	8,946	8,581	125	7,465	10,600	19,000	19,600	26,427	26,500	22,300	17,100	10,379	11,700	11,700	3,200	6,978	10,000	11,900	6,200	5,629	5,600	2,800	-1,900	3,600	4,800	5,200	8,700	17,300	14,100	10,000	3,800	11,600	8,700	4,200	4,000	6,200	3,400	4,000	-5,000	1,900	3,600	3,200	-700	1,500	1,400	1,100	-3,900	1,300	1,900	1,200	-700	-300	1,200	2,700	7,900	2,100	3,700	2,300	-300	1,000	1,800
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	380,605,468	-129,853,286	-128,783,846	-120,218,695	7,887	-150,491,601	-161,163,927	-188,898,084	2,679,031	-151,750,273	-136,977,191	-124,793,414	736,731	-97,935,304	-74,096,895	-71,418,099	-343,408,992	-87,266,492	-85,578,925	-76,756,481	-343,399,327	-90,302,360	-85,460,131	-79,829,770	-381,428,336	-87,987,431	-88,300,548	-77,874,961	525,764	-93,489,790	-85,968,563	-87,272,770	115,449	-99,201,428	-97,490,094	-88,326,128	175,044	-95,026,903	-88,717,162	-67,345,562	169,954	-72,120,165	-72,908,780	-63,373,286	234,477	-70,681,259	-69,945,288	-64,478,013	188,885	-66,298,471	-63,844,117	-58,762,583	176,219	-70,045,935	-67,252,459	-64,035,687	213,442	-76,156,009	430,693	313,459	337,377	395,146	-85,983,453	-86,441,863	499,671	501,815	573,324	531,580	645,808	539,763	537,288	449,618	629,144	639,344	650,987	512,502	622,848	529,663	565,456	464,892	607,971	629,675	564,692	440,924	551,201	473,413	408,238	342,719	374,296	338,741	314,247	244,301	263,608	239,004	224,670	208,203	260,854	266,400	296,100	247,900	285,861	250,400	235,400	197,000	442,010	98,100	92,000	76,800	88,281	88,000	89,700	78,000	80,005	77,200	67,300	58,000	66,200	71,800	79,800	84,400	105,200	91,700	86,100	65,600	86,700	70,700	70,800	61,700	60,200	56,600	55,700	44,700	51,500	54,100	55,700	49,100	49,300	50,900	48,300	40,000	46,100	48,400	45,400	37,000	42,600	47,800	49,500	43,100	51,100	50,300	43,100	33,900	36,900	37,400
Income Before Tax	18,779	27,064	25,174	-10,156	20,751	45,511	86,779	79,611	114,067	116,446	129,456	74,002	83,873	76,343	49,020	9,270	3,781	91,061	29,350	-7,226	19,688	24,776	31,321	-3,255	17,457	18,597	33,147	5,865	23,018	38,808	41,913	-15,712	3,105	-5,568	31,032	-18,875	16,041	42,820	11,536	-18,586	15,466	29,590	48,862	7,147	26,688	39,364	31,217	-7,932	11,016	7,689	5,706	-6,393	15,969	-1,275	17,975	-29,743	9,846	-21,571	-16,129	-37,325	-109,824	-39,652	-44,180	-40,850	-46,655	-19,902	19,200	-4,564	19,665	26,982	29,624	8,265	35,259	51,651	60,770	17,284	33,632	34,063	47,632	17,887	33,984	68,518	66,094	30,907	71,300	35,437	28,743	18,380	28,056	22,279	25,237	5,008	659	2,874	2,960	-5,347	46,565	30,500	40,000	35,900	76,327	39,700	35,600	29,800	23,679	13,600	13,300	4,000	22,878	11,200	13,400	7,100	10,729	9,600	7,100	1,100	3,500	5,900	6,800	11,200	15,900	17,900	12,800	5,900	13,800	11,400	7,600	6,500	11,000	5,200	6,300	-3,300	3,600	5,600	5,600	1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	5,675	9,134	5,392	-4,938	2,488	10,783	19,894	17,699	23,442	23,051	30,616	16,880	19,540	16,058	11,340	1,896	717	21,393	7,027	-2,442	4,828	4,371	5,602	-1,294	-615	4,686	10,993	-144	2,826	9,041	14,386	-6,648	-2,084	4,859	10,407	-7,531	1,911	16,760	2,789	-7,958	-4,445	11,573	18,963	2,389	-37,906	2,268	3,175	2,823	6,771	1,381	-1,942	3,131	3,781	-30	5,863	-1,538	-23,543	249	1,738	3,223	47,684	-11,269	-17,526	-16,761	-17,685	-9,162	5,541	2,621	4,614	7,942	8,739	1,750	6,727	19,880	23,543	6,618	13,353	12,925	17,671	6,747	13,202	26,450	25,064	11,032	27,472	13,840	11,032	7,036	10,884	9,276	9,799	1,935	331	1,116	1,086	-1,993	1,143	4,200	7,000	5,800	9,089	8,400	7,000	4,800	2,491	2,700	3,100	3,900	1,541	2,500	3,200	1,200	1,922	1,700	800	-700	100	900	900	2,400	5,700	4,700	2,800	700	3,500	2,000	400	700	1,400	100	300	-2,400	300	600	500	-700	-1,500	-1,400	-1,100	3,900	-1,300	-1,900	-1,200	700	300	-1,200	-2,700	-7,900	-2,100	-3,700	-2,300	300	-1,000	-1,800
Interest Expense	4,959	5,054	4,875	4,849	4,932	4,553	4,507	4,412	3,071	712	682	567	550	562	622	892	972	1,080	1,124	1,164	1,153	1,076	673	974	966	963	712	817	825	797	661	779	571	601	486	438	590	1,101	883	662	697	649	656	954	1,288	1,297	1,286	1,364	1,340	1,356	1,294	1,278	1,116	1,355	1,394	1,558	1,209	756	912	1,179	1,626	1,433	1,121	1,815	1,788	1,512	1,874	1,668	1,666	1,577	1,417	1,429	1,073	883	778	617	449	309	272	218	158	202	146	215	36	246	260	255	168	605	784	659	902	497	486	381	400	300	300	300	300	300	400	400	300	400	300	300	200	300	300	300	400	400	300	200	200	100	100	100	100	100	100	100	0	200	200	300	300	300	300	300	300	300	400	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income	0	5,054	4,875	4,849	4,932	4,553	4,507	4,412	3,071	712	682	567	550	562	622	892	972	1,080	1,124	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-4,289	-3,931	-3,967	-2,972	-4,949	-5,294	-5,225	-4,015	-5,127	-4,732	6,096	2,886	4,660	4,376	3,534	2,197	3,096	3,560	3,019	1,982	3,487	2,851	3,342	1,819	3,012	2,967	3,586	1,922	3,493	3,392	3,928	2,130	2,584	3,040	3,519	1,104	2,267	2,343	2,468	1,478	2,399	2,608	3,000	1,551	2,834	2,428	3,131	1,402	2,086	1,766	1,708	769	2,207	1,783	2,684	758	2,423	1,877	2,774	1,470	496	1,593	1,934	1,203	2,342	3,529	3,535	2,819	4,306	4,890	5,174	3,869	5,412	5,499	5,597	2,923	3,803	3,707	3,860	2,148	2,225	4,755	4,144	2,338	2,431	2,445	2,534	1,530	2,226	1,792	2,171	1,225	1,262	1,341	1,501	944	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	8,815	13,999	15,815	-5,218	18,263	29,434	61,660	57,897	85,498	88,663	94,819	54,236	59,673	55,909	34,146	5,177	-31	66,108	19,304	-6,766	11,373	17,554	22,377	-3,780	15,060	10,944	18,568	4,087	16,699	26,375	23,599	-11,194	2,605	-13,467	17,106	-12,448	11,863	23,717	6,279	-12,106	17,513	15,409	26,899	3,207	61,760	34,668	24,911	-12,157	2,159	4,542	5,940	-10,293	9,981	-3,028	9,428	-28,963	30,966	-23,696	-20,641	-42,019	-158,004	-29,975	-28,588	-25,292	-31,312	-14,270	10,124	-4,762	10,745	14,150	15,710	2,646	9,101	31,771	37,227	10,666	20,279	21,138	29,961	11,140	20,782	42,068	41,030	19,875	43,828	21,597	17,711	11,344	17,172	13,003	15,438	3,073	328	1,758	1,874	-3,354	1,022	6,100	11,700	9,600	13,138	14,000	11,300	8,600	4,188	5,500	5,500	100	2,137	4,500	5,700	2,200	3,307	3,500	1,700	-1,400	1,300	1,700	2,300	4,400	9,500	7,500	5,400	1,400	6,100	4,800	2,200	1,500	3,000	1,500	1,900	-4,700	-300	1,200	900	-1,600	1,500	1,400	1,100	-3,900	1,300	1,900	1,200	-700	-300	1,200	2,700	7,900	2,100	3,700	2,300	-300	1,000	1,800
Net Income Applicable To Common Shares	0	13,999	15,815	-8,190	13,314	29,434	61,660	57,897	85,498	88,663	94,819	54,236	59,673	55,909	34,146	5,177	-33	66,108	19,306	-6,766	11,372	17,554	22,377	-3,780	15,060	10,944	18,568	4,087	16,698	26,375	23,599	-11,194	2,605	-13,467	17,106	-12,448	11,863	23,717	6,279	-12,106	17,511	15,409	26,899	3,207	61,760	34,668	24,911	-12,157	2,159	4,542	5,940	0	9,981	-9,428	9,428	0	30,966	0	0	0	0	0	0	0	0	-10,124	10,124	0	10,745	14,150	15,711	2,646	9,101	31,771	37,227	10,666	20,279	21,138	29,961	11,140	20,782	42,068	41,030	19,875	43,828	21,597	17,711	11,344	17,172	13,003	15,438	3,073	328	1,758	1,874	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	13,104	17,930	19,782	-5,218	18,263	34,728	66,885	61,912	90,625	93,395	98,840	54,236	59,673	55,909	34,146	5,177	-33	66,108	19,306	-6,766	11,372	17,554	22,377	-3,780	15,060	10,944	18,568	4,087	16,698	26,375	23,599	-11,194	2,605	-13,467	17,106	-12,448	11,863	23,717	6,279	-12,106	17,511	15,409	26,899	3,207	54,799	37,096	28,042	-10,755	0	6,308	7,648	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-4,960	-5,054	-4,875	-4,849	-4,932	-4,553	-4,507	-4,412	-3,071	-712	-682	-567	-550	-562	-622	-892	-972	-1,080	-1,124	-1,164	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	5,064	-11,091	0	46,905	422	3,403	-5,963	3,623	2,393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,702	6,402	-352	1,981	-14,466	1,634	-1,314	6,753	5,246	3,528	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,749	0	0	0	35,749	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-4,289	-45,057	-50,180	-8,279	20,734	44,770	86,061	80,008	112,011	112,427	126,117	71,683	1,896	72,529	46,108	7,965	1,532,516,967	88,581	27,456	-8,044	1,543,051,388	23,001	28,652	-4,100	1,633,231,755	16,593	30,273	4,760	20,351	36,213	38,646	-17,063	115,274	-8,006	27,999	-19,541	114,926	41,577	9,951	-19,402	149,035	27,632	46,517	6,550	325,135	38,232	29,373	-7,970	154,211	7,279	5,292	-5,884	-1,821,185	-1,704	16,685	-28,943	-1,848,603	-22,691	-18,157	-37,617	-108,694	-39,811	-44,993	-40,238	-47,209	-21,920	17,539	-473	17,025	23,669	25,866	5,825	16,901	52,534	61,548	17,901	34,081	34,372	47,904	18,105	34,142	68,720	66,240	31,122	71,264	35,683	29,003	18,635	28,224	22,884	26,021	5,667	1,561	3,371	3,446	-4,966	2,565	10,600	19,000	15,700	22,527	22,700	18,700	13,800	6,979	8,600	8,900	400	3,878	7,300	9,200	3,700	5,629	5,600	2,800	-1,900	1,600	2,700	3,300	6,900	15,300	12,300	8,300	2,200	9,600	7,000	2,800	2,500	4,700	1,900	2,500	-6,800	300	2,100	1,800	-2,000	1,500	1,400	1,100	-3,900	1,300	1,900	1,200	-700	-300	1,200	2,700	7,900	2,100	3,700	2,300	-300	1,000	1,800
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	558,431	574,650	523,980	534,461	635,158	670,888	757,294	773,305	847,604	720,281	689,353	614,584	652,858	519,353	467,085	430,631	506,125	468,447	442,725	405,745	450,246	482,864	461,548	440,485	508,207	482,972	452,305	437,174	502,746	514,402	447,524	453,942	494,298	562,140	500,874	467,747	506,279	465,277	435,302	410,024	434,746	507,245	468,358	416,567	494,285	481,377	452,495	392,919	434,063	410,840	399,177	372,810	433,503	431,340	423,566	381,056	493,244	481,562	446,892	350,784	447,201	434,884	472,727	434,987	546,326	521,820	554,229	536,238	626,143	614,539	615,105	531,157	593,885	587,791	590,309	495,299	589,216	495,600	517,824	447,005	573,987	561,157	498,598	410,017	479,901	437,976	379,495	324,339	346,240	316,462	289,010	239,293	262,949	236,130	221,710	213,550	808,289	72,300	74,300	69,800	610,734	98,200	98,200	55,500	467,631	78,200	72,300	43,600	193,003	43,900	43,300	63,900	104,976	59,700	55,800	51,400	123,700	35,600	63,200	41,200	70,800	61,300	59,400	52,000	34,700	31,000	31,000	29,300	27,100	26,500	25,200	24,000	24,100	25,600	26,400	25,100	47,800	49,500	47,200	43,900	44,800	46,500	44,200	37,700	42,900	46,600	46,800	35,200	49,000	46,600	40,800	34,200	35,900	35,600
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	15,599	16,414	15,528	14,906	15,075	14,067	14,288	13,748	13,992	9,144	6,819	6,430	5,780	5,144	4,061	4,231	5,068	5,694	5,774	5,990	6,323	6,221	6,154	6,234	6,481	6,578	6,441	6,378	7,316	7,082	7,340	8,306	8,285	7,634	7,274	7,105	8,156	6,620	5,055	4,395	5,199	4,143	4,220	4,358	4,360	4,335	4,564	4,524	5,199	4,751	4,762	4,830	4,678	5,131	5,677	5,936	6,241	6,962	6,997	7,864	14,558	8,360	8,950	9,091	10,688	10,403	10,149	9,885	10,842	9,791	8,426	8,688	9,312	8,592	8,244	7,806	8,044	7,723	8,282	6,976	6,741	6,422	6,168	5,909	5,559	5,196	5,243	5,385	6,071	5,711	5,598	5,268	5,150	5,575	5,135	5,091	4,900	0	0	3,900	3,900	3,800	3,600	3,300	3,400	3,100	2,800	2,800	3,100	2,700	2,700	2,500	0	0	0	0	2,000	2,100	1,900	1,800	2,000	1,800	1,700	1,600	2,000	1,700	1,400	1,500	1,500	1,500	1,500	1,800	1,600	1,500	1,400	1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	0	0	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	155,562	208,300	189,596	222,752	222,390	282,668	282,592	274,935	226,876	269,715	259,557	279,637	225,208	302,044	229,525	245,403	210,052	313,916	279,965	245,652	184,749	249,418	228,384	188,560	148,289	160,463	150,417	127,445	101,044	120,990	100,514	89,418	90,839	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	534,710	181,493	182,666	170,551	191,715	195,057	210,246	204,982	221,517	197,587	188,467	169,397	184,377	155,638	137,528	135,652	154,206	143,815	139,896	129,256	139,080	138,288	146,278	138,822	146,994	140,054	139,346	139,785	147,187	154,529	152,427	150,209	159,668	165,024	171,078	162,495	166,730	164,423	151,251	139,784	140,666	147,132	146,397	136,830	144,902	138,236	131,090	128,233	377,060	114,461	116,587	117,926	120,696	113,160	119,532	114,103	119,427	124,968	122,434	114,706	115,747	140,006	146,076	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	288,701	72,000	74,000	69,500	257,438	62,700	63,100	55,100	198,863	48,200	44,200	43,300	43,600	43,600	43,000	40,700	38,100	36,900	33,900	32,000	32,800	35,500	38,900	41,100	43,800	38,800	37,500	32,100	34,700	30,800	30,800	29,000	26,800	26,200	24,900	23,700	23,800	25,300	26,000	24,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	5,675	9,134	5,392	-4,938	2,488	10,783	19,894	17,699	23,442	23,051	30,616	16,880	19,540	16,058	11,340	1,896	717	21,393	7,027	-2,442	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	320,855	-646,771	-599,334	120,210,416	496,814	151,208	161,249,988	-772,908	-306,858	151,862,700	137,103,308	124,865,097	-480,812	98,007,833	445,000	411,000	476,000	446,000	423,000	389,000	437,000	460,000	442,000	421,000	481,000	457,000	427,000	416,000	477,000	487,000	430,000	430,000	466,000	535,000	481,000	434,000	474,000	455,000	416,000	389,000	408,000	474,000	444,000	392,000	457,000	446,000	413,000	360,000	392,000	374,000	363,000	340,000	387,000	391,000	385,000	353,000	451,000	425,000	380,000	327,000	387,000	405,000	422,000	403,000	490,000	474,000	517,000	503,000	583,000	578,000	574,000	504,000	563,000	550,000	554,000	468,000	-684,980	-495,291	-517,552	-446,787	-573,829	-560,955	-498,452	-409,802	-479,937	-437,730	-379,235	-324,084	-346,072	-315,857	-288,226	-238,634	-262,047	-235,633	-221,224	-213,169	-258,289	-255,800	-277,100	-232,200	-263,334	-227,700	-216,700	-183,200	-435,031	-89,500	-83,100	-76,400	-84,403	-80,700	-80,500	-74,300	-74,376	-71,600	-64,500	-59,900	-64,600	-69,100	-76,500	-77,500	-89,900	-79,400	-77,800	-63,400	-77,100	-63,700	-68,000	-59,200	-55,500	-54,700	-53,200	-51,500	-51,200	-52,000	-53,900	-51,100	-47,800	-49,500	-47,200	-43,900	-44,800	-46,500	-44,200	-37,700	-42,900	-46,600	-46,800	-35,200	-49,000	-46,600	-40,800	-34,200	-35,900	-35,600
Total Other Income Expense Net	18,779	68,190	71,387	-1,877	17	741	718	-397	2,056	4,019	104,523	83,793	81,977	63,893	38,191	5,461	6,748	8,628	7,798	14,282	11,933	13,227	13,732	36,715	10,741	12,674	15,118	17,304	18,995	22,059	21,182	22,035	25,076	29,924	34,182	40,772	41,959	42,174	29,886	24,078	23,366	26,696	31,014	37,172	44,777	43,098	40,502	32,459	25,881	22,494	22,564	31,385	23,302	19,673	26,659	11,542	12,363	15,394	21,773	7,365	9,345	388,217	11,302	14,716	16,497	16,510	16,497	16,533	21,244	20,161	18,957	20,019	17,637	23,274	20,688	17,627	17,567	16,001	17,711	17,615	17,099	21,683	19,598	19,050	19,495	18,376	17,364	11,143	16,940	17,021	17,429	14,462	13,217	14,019	13,028	12,199	-2,061	19,900	21,000	20,200	372	17,000	16,900	16,000	22,320	5,000	4,400	3,600	-10,395	3,900	4,200	3,400	-10,043	4,000	4,300	3,000	1,900	3,200	3,500	4,300	600	5,600	4,500	3,700	4,200	4,400	4,800	4,000	6,300	3,300	3,800	3,500	3,300	3,500	3,800	3,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	582,169	601,714	549,154	524,305	655,909	716,399	844,073	852,916	961,671	836,727	818,809	688,586	736,731	595,696	516,105	439,901	509,906	559,508	472,075	398,519	469,934	507,640	492,869	437,230	525,664	501,569	485,452	443,039	525,764	553,210	489,437	438,230	497,403	556,572	531,906	448,872	522,320	508,097	446,838	391,438	450,212	536,835	517,220	423,714	520,973	520,741	483,712	384,987	445,079	418,529	404,883	366,417	449,472	430,065	441,541	351,313	503,090	459,991	430,763	313,459	337,377	395,232	428,547	394,137	499,671	501,918	573,429	531,674	645,808	641,521	644,729	539,422	629,144	639,442	651,079	512,583	622,848	529,663	565,456	464,892	607,971	629,675	564,692	440,924	551,201	473,413	408,238	342,719	374,296	338,741	314,247	244,301	263,608	239,004	224,670	208,203	260,854	266,400	296,100	247,900	285,861	250,400	235,400	197,000	442,010	98,100	92,000	76,800	88,281	88,000	89,700	78,000	80,005	77,200	67,300	58,000	66,200	71,800	79,800	84,400	105,200	91,700	86,100	65,600	86,700	70,700	70,800	61,700	60,200	56,600	55,700	44,700	51,500	54,100	55,700	49,100	49,300	50,900	48,300	40,000	46,100	48,400	45,400	37,000	42,600	47,800	49,500	43,100	51,100	50,300	43,100	33,900	36,900	37,400

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

Gross Profit (+$)
totalRevenue	2,257,341
Cost of Revenue	-507,701
Gross Profit	1,749,640	1,749,640

Operating Income (+$)
Gross Profit	1,749,640
Operating Expense	-1,282,942
Operating Income	-15,159	466,698

Operating Expense (+$)
Research Development	0
Selling General Administrative	712,794
Selling And Marketing Expenses	0
Operating Expense	1,282,942	712,794

Net Interest Income (+$)
Interest Income	0
Interest Expense	-19,737
Other Finance Cost	-28
Net Interest Income	-19,709

Pretax Income (+$)
Operating Income	-15,159
Net Interest Income	-19,709
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	60,861	-76,020 EBIT - interestExpense = -34,896 45,702 50,176
Interest Expense	19,737
Earnings Before Interest and Taxes (EBIT)	-15,159	80,598
Earnings Before Interest and Taxes (EBITDA)	47,288

After tax Income (+$)
Income Before Tax	60,861
Tax Provision	-12,076
Net Income From Continuing Ops	50,757	48,785
Net Income	30,439
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	2,176,743
Total Other Income/Expenses Net	60,861	19,709

Technical Analysis of Stewart
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 Stewart. The general trend of Stewart is BULLISH with 57.1% 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 Stewart'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 (57.1%)		Bearish trend (-57.1%)
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 Stewart Information Services Corp.

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

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

The bullish price targets are: 65.35.

The bearish price targets are: 59.30 > 58.28 > 58.23.

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Stewart Information Services Corp 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 Stewart Information Services Corp. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Stewart Information Services Corp 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 Stewart Information Services Corp. The current macd is -0.02759741.

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 Stewart price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Stewart. 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 Stewart 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

Stewart Information Services Corp 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 Stewart Information Services Corp. The current adx is 19.32.

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

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

Stewart Information Services Corp 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 Stewart Information Services Corp. The current sar is 58.51.

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

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Stewart Information Services Corp 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 Stewart Information Services Corp. The current rsi is 50.26. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

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

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

Original usage

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

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

How you can use RSI (Divergence)

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

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

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

Source: Tradingview.com

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

Use tradingview to add indicators

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

Tradingview

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

View tool on Tradingview.com

RSI divergence

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

There are four types of divergences:

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

Regular bullish divergence

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

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

Source: Tradingview.com

Regular bearish divergence

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

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

Source: Tradingview.com

Hidden bullish divergence

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

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

Source: Tradingview.com

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

Hidden bearish divergence

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

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

Source: Tradingview.com

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

Stewart Information Services Corp 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 Stewart Information Services Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

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

Stewart Information Services Corp 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 Stewart Information Services Corp. The current cci is 15.86.

Stewart Information Services Corp 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 Stewart Information Services Corp. The current cmo is 1.09371255.

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

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Stewart Information Services Corp 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 Stewart Information Services Corp. The current willr is -48.46625767.

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 Stewart is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Stewart Information Services Corp Daily Williams %R Chart

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 Stewart Information Services Corp.

Stewart Information Services Corp 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 Stewart Information Services Corp. The current atr is 1.95487635.

Stewart Information Services Corp 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 Stewart Information Services Corp. The current obv is 6,501,765.

Stewart Information Services Corp 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 Stewart Information Services Corp. The current mfi is 32.11.

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

Stewart Information Services Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Stewart Information Services Corp.

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
2023-12-04	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	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.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-11	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.
2023-12-14	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
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.
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	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.
2023-12-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	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
2024-01-03	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-09	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-17	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-18	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-19	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-22	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-23	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-26	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-01-29	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-31	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-02	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-06	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
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
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-15	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-22	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-29	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
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-08	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-12	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	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
2024-03-13	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-14	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.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-20	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-25	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.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-28	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-04	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-09	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-04-15	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-04-19	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-04-22	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-23	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-04-25	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.

6.3. Candlestick Patterns

Stewart Information Services Corp Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Stewart Information Services Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	50.259
Ma 20	Greater than	Ma 50	61.965
Ma 50	Greater than	Ma 100	61.751
Ma 100	Greater than	Ma 200	59.909
Open	Greater than	Close	63.520
Total			5/5 (100.0%)

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Quick analysis of Stewart (30 sec.)

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

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1. Valuation of Stewart (5 min.)

$61.64

$49.68

$-131.53 - $67.69

$-81.85 - $117.36

2. Growth of Stewart (5 min.)

Is Stewart growing?

How much money is Stewart making?

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

3. Financial Health of Stewart (5 min.)

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

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

Speculation

Investing

How much money are you going to get?

When do you get the money?

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Linear %

Fundamentals of Stewart

About Stewart Information Services Corp

Financial Health

Valuation

1.1. Profitability of Stewart Information Services Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Stewart Information Services Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Stewart Information Services Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Stewart Information Services Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Stewart Information Services Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Stewart Information Services Corp
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