2022 Q3 Form 10-Q Financial Statement

#000082414222000170 Filed on August 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $242.6M $208.8M $136.3M
YoY Change 75.08% 45.13% 16.78%
Cost Of Revenue $177.0M $161.4M $109.7M
YoY Change 72.61% 58.63% 32.53%
Gross Profit $65.59M $47.38M $26.55M
YoY Change 82.1% 12.51% -21.74%
Gross Profit Margin 27.04% 22.69% 19.48%
Selling, General & Admin $28.89M $26.93M $20.17M
YoY Change 81.74% 59.41% 43.01%
% of Gross Profit 44.05% 56.85% 75.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.324M $9.224M $7.811M
YoY Change 22.56% 22.59% 18.35%
% of Gross Profit 14.22% 19.47% 29.42%
Operating Expenses $28.89M $26.93M $21.11M
YoY Change 81.74% 59.41% 44.59%
Operating Profit $36.70M $20.45M $5.437M
YoY Change 82.25% -18.88% -71.86%
Interest Expense -$954.0K -$550.0K -$121.0K
YoY Change 9440.0% 13650.0%
% of Operating Profit -2.6% -2.69% -2.23%
Other Income/Expense, Net $54.00K $220.0K $24.00K
YoY Change -384.21% 464.1%
Pretax Income $35.80M $20.12M $5.346M
YoY Change 78.04% -20.3% -79.2%
Income Tax $8.327M $4.177M -$840.0K
% Of Pretax Income 23.26% 20.76% -15.71%
Net Earnings $27.47M $15.95M $6.186M
YoY Change 76.32% -22.65% -67.26%
Net Earnings / Revenue 11.32% 7.64% 4.54%
Basic Earnings Per Share $0.52 $0.30
Diluted Earnings Per Share $0.51 $0.30 $114.7K
COMMON SHARES
Basic Shares Outstanding 53.16M shares 53.10M shares 52.43M shares
Diluted Shares Outstanding 53.96M shares 53.66M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.74M $17.65M $2.859M
YoY Change -89.45% -84.16% -96.38%
Cash & Equivalents $10.74M $17.65M $2.859M
Short-Term Investments
Other Short-Term Assets $2.832M $5.242M $2.699M
YoY Change -18.2% 44.33% -61.44%
Inventory $176.9M $164.0M $130.3M
Prepaid Expenses
Receivables $134.1M $124.3M $70.78M
Other Receivables $1.941M $7.618M $5.723M
Total Short-Term Assets $336.1M $327.4M $218.1M
YoY Change 24.19% 26.35% -0.99%
LONG-TERM ASSETS
Property, Plant & Equipment $296.5M $292.5M $258.1M
YoY Change 23.22% 21.98% 15.55%
Goodwill $81.89M $81.89M $85.73M
YoY Change 2459.13% 2459.13% 2554.91%
Intangibles $65.51M $66.41M $70.12M
YoY Change 184428.95%
Long-Term Investments
YoY Change
Other Assets $1.216M
YoY Change 110.02%
Total Long-Term Assets $449.8M $449.3M $432.1M
YoY Change 82.99% 83.35% 88.89%
TOTAL ASSETS
Total Short-Term Assets $336.1M $327.4M $218.1M
Total Long-Term Assets $449.8M $449.3M $432.1M
Total Assets $785.8M $776.7M $650.2M
YoY Change 52.18% 54.05% 44.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.61M $36.19M $29.02M
YoY Change 87.41% 70.3% 133.15%
Accrued Expenses $61.78M $60.13M $50.21M
YoY Change 28.0% 27.14% 7.77%
Deferred Revenue $31.79M $29.76M $7.542M
YoY Change 500.28% 486.96%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $142.2M $136.2M $86.77M
YoY Change 91.61% 73.44% 46.98%
LONG-TERM LIABILITIES
Long-Term Debt $82.73M $112.7M $46.41M
YoY Change 1193.85% 1665.25% 625.09%
Other Long-Term Liabilities $5.642M $5.495M $18.84M
YoY Change 27.24% 22.3% 326.02%
Total Long-Term Liabilities $88.37M $118.2M $18.84M
YoY Change 716.13% 986.53% 326.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $142.2M $136.2M $86.77M
Total Long-Term Liabilities $88.37M $118.2M $18.84M
Total Liabilities $262.0M $286.2M $105.6M
YoY Change 125.61% 137.6% 66.43%
SHAREHOLDERS EQUITY
Retained Earnings $435.7M $408.2M $384.3M
YoY Change 12.26% 9.58% 11.23%
Common Stock $213.0K $213.0K $210.0K
YoY Change 1.43% 1.43% 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $523.9M $490.5M $466.2M
YoY Change
Total Liabilities & Shareholders Equity $785.8M $776.7M $650.2M
YoY Change 52.18% 54.05% 44.8%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $27.47M $15.95M $6.186M
YoY Change 76.32% -22.65% -67.26%
Depreciation, Depletion And Amortization $9.324M $9.224M $7.811M
YoY Change 22.56% 22.59% 18.35%
Cash From Operating Activities $44.99M $5.223M -$13.52M
YoY Change 281.6% -84.69% -142.52%
INVESTING ACTIVITIES
Capital Expenditures -$14.36M -$13.20M -$12.73M
YoY Change 51.48% -21.25% -32.31%
Acquisitions
YoY Change
Other Investing Activities $14.00K -$21.98M -$103.4M
YoY Change -51.72% -70993.55% -1715.89%
Cash From Investing Activities -$14.34M -$35.17M -$116.1M
YoY Change 51.8% 110.29% 836.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.59M 41.93M 30.68M
YoY Change 213.6% -1519.02% -295.39%
NET CHANGE
Cash From Operating Activities 44.99M 5.223M -13.52M
Cash From Investing Activities -14.34M -35.17M -116.1M
Cash From Financing Activities -37.59M 41.93M 30.68M
Net Change In Cash -6.942M 11.98M -98.99M
YoY Change -28.03% -16.97% -2775.3%
FREE CASH FLOW
Cash From Operating Activities $44.99M $5.223M -$13.52M
Capital Expenditures -$14.36M -$13.20M -$12.73M
Free Cash Flow $59.35M $18.42M -$794.0K
YoY Change 179.05% -63.79% -101.57%

Facts In Submission

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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Stock Repurchased And Retired During Period Value
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aaon Business Combination Contingent Consideration Arrangements Liability
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aaon Dividends Including Cancellations And Forfeitures Common Stock
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10096000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3796000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
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2784000 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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350865000 usd
us-gaap Net Income Loss
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36991000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
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11848000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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5793000 usd
us-gaap Stock Repurchased And Retired During Period Value
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11803000 usd
us-gaap Dividends Common Stock Cash
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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383726000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Net Income Loss
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20615000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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2410000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3032000 usd
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
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5401000 usd
CY2021Q2 us-gaap Dividends Common Stock Cash
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9968000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
383726000 usd
us-gaap Net Income Loss
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36991000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16300000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Financing Costs
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
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143000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
181000 usd
us-gaap Provision For Doubtful Accounts
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us-gaap Inventory Write Down
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148000 usd
us-gaap Inventory Write Down
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292000 usd
us-gaap Share Based Compensation
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6908000 usd
us-gaap Share Based Compensation
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5793000 usd
us-gaap Gain Loss On Disposition Of Assets
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12000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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us-gaap Foreign Currency Transaction Gain Loss Realized
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us-gaap Foreign Currency Transaction Gain Loss Realized
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aaon Interest Income Note Receivable
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aaon Interest Income Note Receivable
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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5936000 usd
us-gaap Increase Decrease In Income Taxes
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-1895000 usd
us-gaap Increase Decrease In Income Taxes
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1248000 usd
us-gaap Increase Decrease In Inventories
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33879000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5472000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
2820000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3066000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable
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6490000 usd
us-gaap Increase Decrease In Accounts Payable
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10650000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
22217000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 usd
aaon Increase Decrease In Contract With Customer Liability1
IncreaseDecreaseInContractWithCustomerLiability1
421000 usd
aaon Increase Decrease In Contract With Customer Liability1
IncreaseDecreaseInContractWithCustomerLiability1
574000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7123000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1580000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
62912000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
27227000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
33157000 usd
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
22000000 usd
us-gaap Payments To Acquire Buildings
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0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
249000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
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12000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
27000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
29000 usd
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
94900000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
28651000 usd
us-gaap Repayments Of Lines Of Credit
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0 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
28000 usd
us-gaap Finance Lease Principal Payments
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0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6385000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11848000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
5912000 usd
us-gaap Payments For Repurchase Of Equity
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10271000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
954000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1532000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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65740000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
45000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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14723000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29831000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3487000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82288000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18210000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112119000 usd
CY2022Q2 aaon Number Of Variable Interest Entities With Directed Activities
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2 numberofvie
us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Because these estimates and assumptions require significant judgment, actual results could differ from those estimates and could have a significant impact on our results of operations, financial position and cash flows. We reevaluate our estimates and assumptions as needed, but at a minimum on a quarterly basis. The most significant estimates include, but are not limited to, inventory reserves, warranty accrual, workers' compensation accrual, medical insurance accrual, income taxes, useful lives of property, plant, and equipment, share-based compensation, revenue percentage of completion and estimated costs to complete. Actual results could differ materially from those estimates.</span></div>Change in EstimateDuring the first quarter of 2022, a review of the Company’s useful lives for certain sheet metal manufacturing equipment at our Longview, Texas location resulted in a change in estimate that increased the useful lives from between ten and twelve years to fifteen years. This determination was based on recent and estimated future production levels as well as management’s knowledge of the equipment and historical and future use of the equipment. The change in estimate was made prospectively and resulted in a decrease to depreciation expense within cost of sales on our consolidated statements of income of $1.8 million during the six months ended June 30, 2022.
CY2021Q3 aaon Percent Of Increase In Starting Wages For Production Workforce
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0.070
CY2021Q4 aaon Percent Of Cost Of Living Increase
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0.035
CY2022Q2 aaon Percent In Overall Increase In Wages
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CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
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391585000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
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aaon Extended Product Warranties Minimum Length
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CY2022Q2 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
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50300000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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aaon Extended Product Warranties Maximum Length
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P10Y
CY2022Q2 us-gaap Sales Commissions And Fees
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11400000 usd
CY2021Q2 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
14000000 usd
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
17900000 usd
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
25000000 usd
us-gaap Business Acquisitions Pro Forma Revenue
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162368000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
292999000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
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21522000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
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38494000 usd
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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0.41
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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0.73
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
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0.40
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.72
CY2022Q2 aaon Provision Recoveries For Expected Credit Losses Net Of Adjustments
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CY2022Q2 us-gaap Operating Lease Right Of Use Asset
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434000 usd
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1580000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
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1246000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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15467000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
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4248000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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0 usd
CY2022Q2 us-gaap Finance Lease Liability Current
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4236000 usd
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CY2022Q2 us-gaap Finance Lease Liability Noncurrent
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CY2021Q4 us-gaap Finance Lease Liability Noncurrent
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124898000 usd
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AccountsReceivableGrossCurrent
71329000 usd
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q2 us-gaap Accounts Receivable Net Current
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124335000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
70780000 usd
aaon Product Warranty Accrual Minimum Length
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
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837000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
493000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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549000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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3600000 usd
CY2021Q2 aaon Provision Recoveries For Expected Credit Losses Net Of Adjustments
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aaon Provision Recoveries For Expected Credit Losses Net Of Adjustments
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aaon Provision Recoveries For Expected Credit Losses Net Of Adjustments
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q4 us-gaap Inventory Raw Materials
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CY2022Q2 us-gaap Inventory Work In Process
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CY2021Q4 us-gaap Inventory Work In Process
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CY2022Q2 us-gaap Inventory Finished Goods
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CY2021Q4 us-gaap Inventory Finished Goods
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132057000 usd
aaon Product Warranty Accrual Maximum Length
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164001000 usd
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130270000 usd
CY2022Q1 us-gaap Inventory Valuation Reserves
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2007000 usd
CY2021Q1 us-gaap Inventory Valuation Reserves
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CY2021Q4 us-gaap Inventory Valuation Reserves
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CY2020Q4 us-gaap Inventory Valuation Reserves
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CY2022Q2 aaon Inventory Valuation Reserves Provision
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CY2021Q2 aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
486000 usd
aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
148000 usd
aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
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CY2022Q2 aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
64000 usd
CY2021Q2 aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
64000 usd
aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
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aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
827000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2021Q2 us-gaap Inventory Valuation Reserves
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CY2022Q2 us-gaap Inventory Valuation Reserves
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CY2021Q2 us-gaap Inventory Valuation Reserves
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2726000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2004000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
208000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51838000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54955000 usd
CY2022Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
14571000 usd
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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3500000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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70121000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
901000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1796000 usd
us-gaap Amortization Of Intangible Assets
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CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3600000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
418000 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
533000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10805000 usd
CY2021Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2529000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10981000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2742000 usd
CY2022Q2 aaon Changein Capital Expenditures Incurred But Not Yet Paid
ChangeinCapitalExpendituresIncurredButNotYetPaid
221000 usd
CY2021Q2 aaon Changein Capital Expenditures Incurred But Not Yet Paid
ChangeinCapitalExpendituresIncurredButNotYetPaid
-2109000 usd
aaon Changein Capital Expenditures Incurred But Not Yet Paid
ChangeinCapitalExpendituresIncurredButNotYetPaid
679000 usd
aaon Changein Capital Expenditures Incurred But Not Yet Paid
ChangeinCapitalExpendituresIncurredButNotYetPaid
-1845000 usd
CY2022Q2 us-gaap Dividends Cash
DividendsCash
10096000 usd
CY2021Q2 us-gaap Dividends Cash
DividendsCash
9970000 usd
us-gaap Dividends Cash
DividendsCash
10096000 usd
us-gaap Dividends Cash
DividendsCash
9970000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13707000 usd
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13525000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13769000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13522000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1679000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1545000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2898000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3009000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2353000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2028000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3510000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3495000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14381000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14008000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14381000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14008000 usd
CY2022Q2 us-gaap Product Warranty Expense
ProductWarrantyExpense
2353000 usd
CY2021Q2 us-gaap Product Warranty Expense
ProductWarrantyExpense
2028000 usd
us-gaap Product Warranty Expense
ProductWarrantyExpense
3510000 usd
us-gaap Product Warranty Expense
ProductWarrantyExpense
3495000 usd
CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
14381000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13769000 usd
CY2022Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
12227000 usd
CY2021Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
7995000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11274000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8423000 usd
CY2022Q2 aaon Accrued Profit Sharing Current
AccruedProfitSharingCurrent
2329000 usd
CY2021Q4 aaon Accrued Profit Sharing Current
AccruedProfitSharingCurrent
1489000 usd
CY2022Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
271000 usd
CY2021Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
308000 usd
CY2022Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1256000 usd
CY2021Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1943000 usd
CY2022Q2 aaon Customer Prepayments Current
CustomerPrepaymentsCurrent
3092000 usd
CY2021Q4 aaon Customer Prepayments Current
CustomerPrepaymentsCurrent
5931000 usd
CY2022Q2 aaon Donations Current
DonationsCurrent
293000 usd
CY2021Q4 aaon Donations Current
DonationsCurrent
438000 usd
CY2022Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
5337000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
4362000 usd
CY2022Q2 aaon Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
4670000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12700000 usd
CY2021Q4 aaon Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
1580000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4995000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3968000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
60125000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
50206000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1246000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15467000 usd
CY2022Q2 aaon Other Accrued Liabilities Noncurrent Other
OtherAccruedLiabilitiesNoncurrentOther
3562000 usd
CY2021Q4 aaon Other Accrued Liabilities Noncurrent Other
OtherAccruedLiabilitiesNoncurrentOther
3042000 usd
CY2022Q2 aaon Donations Noncurrent
DonationsNoncurrent
687000 usd
CY2021Q4 aaon Donations Noncurrent
DonationsNoncurrent
334000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
5495000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
18843000 usd
CY2022Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
106200000 usd
CY2021Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
40000000 usd
CY2022Q2 aaon Ratio Of Total Liability To Net Worth
RatioOfTotalLiabilityToNetWorth
1.06
CY2022Q2 aaon Maximum Ratio Of Total Liability To Net Worth Required For Compliance
MaximumRatioOfTotalLiabilityToNetWorthRequiredForCompliance
3
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2022Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9365000 usd
CY2021Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
6543000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9086000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3990000 usd
CY2022Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5188000 usd
CY2021Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1911000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-127000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2747000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4177000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4632000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8959000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6737000 usd
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.002
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.045
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.010
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.019
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.017
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.078
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.043
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.003
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.023
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.005
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.209
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.154
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3400000 usd
aaon Share Based Payment Arrangement Expense Increase Decrease In Tax Benefit Percentage
ShareBasedPaymentArrangementExpenseIncreaseDecreaseInTaxBenefitPercentage
-0.79
aaon Expected Effective Income Tax Rate Continuing Operations
ExpectedEffectiveIncomeTaxRateContinuingOperations
0.25
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
8900000 shares
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1779995 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2022Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
40.29
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
27812000 usd
CY2021Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1216917 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P6Y3M
CY2021Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
36.05
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
32299000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3365469 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
402145 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
54.26
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
174684 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
36.54
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
46878 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
51.19
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3546052 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
44.38
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1779995 shares
CY2022Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
40.29
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6400000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11800000 usd
CY2021Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
1062000 usd
CY2022Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Options Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAwardedInPeriodFairValue
650000 usd
CY2021Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Options Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAwardedInPeriodFairValue
205000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Options Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAwardedInPeriodFairValue
5499000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Options Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAwardedInPeriodFairValue
6718000 usd
CY2022Q2 aaon Performance Awards
PerformanceAwards
219000 usd
CY2021Q2 aaon Performance Awards
PerformanceAwards
84000 usd
aaon Performance Awards
PerformanceAwards
2081000 usd
aaon Performance Awards
PerformanceAwards
1590000 usd
CY2022Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Restriced Stock Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardRestricedStockAwardedInPeriodFairValue
1018000 usd
CY2021Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Restriced Stock Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardRestricedStockAwardedInPeriodFairValue
773000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Restriced Stock Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardRestricedStockAwardedInPeriodFairValue
3155000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Restriced Stock Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardRestricedStockAwardedInPeriodFairValue
2173000 usd
CY2022Q2 aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
1887000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
10735000 usd
aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
10481000 usd
CY2022Q2 aaon Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
2339000 usd
CY2021Q2 aaon Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
2264000 usd
aaon Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
4379000 usd
aaon Allocated Share Based Compensation Expense Stock Options
AllocatedShareBasedCompensationExpenseStockOptions
4427000 usd
CY2022Q2 aaon Share Based Payment Arrangement Expense Performance Awards
ShareBasedPaymentArrangementExpensePerformanceAwards
292000 usd
CY2021Q2 aaon Share Based Payment Arrangement Expense Performance Awards
ShareBasedPaymentArrangementExpensePerformanceAwards
148000 usd
aaon Share Based Payment Arrangement Expense Performance Awards
ShareBasedPaymentArrangementExpensePerformanceAwards
477000 usd
aaon Share Based Payment Arrangement Expense Performance Awards
ShareBasedPaymentArrangementExpensePerformanceAwards
189000 usd
CY2022Q2 aaon Allocated Share Based Compensation Expense Restricted Stock
AllocatedShareBasedCompensationExpenseRestrictedStock
843000 usd
CY2021Q2 aaon Allocated Share Based Compensation Expense Restricted Stock
AllocatedShareBasedCompensationExpenseRestrictedStock
620000 usd
aaon Allocated Share Based Compensation Expense Restricted Stock
AllocatedShareBasedCompensationExpenseRestrictedStock
1522000 usd
aaon Allocated Share Based Compensation Expense Restricted Stock
AllocatedShareBasedCompensationExpenseRestrictedStock
1177000 usd
CY2022Q2 aaon Allocated Share Based Compensation Expense Key Employee Awards
AllocatedShareBasedCompensationExpenseKeyEmployeeAwards
322000 usd
CY2021Q2 aaon Allocated Share Based Compensation Expense Key Employee Awards
AllocatedShareBasedCompensationExpenseKeyEmployeeAwards
0 usd
aaon Allocated Share Based Compensation Expense Key Employee Awards
AllocatedShareBasedCompensationExpenseKeyEmployeeAwards
530000 usd
aaon Allocated Share Based Compensation Expense Key Employee Awards
AllocatedShareBasedCompensationExpenseKeyEmployeeAwards
0 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3796000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3032000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6908000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5793000 usd
CY2022Q2 aaon Employee Service Share Based Compensation Tax Benefit From Compensation Expense Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpenseStockOptions
198000 usd
CY2021Q2 aaon Employee Service Share Based Compensation Tax Benefit From Compensation Expense Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpenseStockOptions
275000 usd
aaon Employee Service Share Based Compensation Tax Benefit From Compensation Expense Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpenseStockOptions
491000 usd
aaon Employee Service Share Based Compensation Tax Benefit From Compensation Expense Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpenseStockOptions
2570000 usd
CY2022Q2 aaon Employee Service Share Based Compensation Tax Expense Benefit From Compensation Expense Restricted Stock
EmployeeServiceShareBasedCompensationTaxExpenseBenefitFromCompensationExpenseRestrictedStock
9000 usd
CY2021Q2 aaon Employee Service Share Based Compensation Tax Expense Benefit From Compensation Expense Restricted Stock
EmployeeServiceShareBasedCompensationTaxExpenseBenefitFromCompensationExpenseRestrictedStock
204000 usd
aaon Employee Service Share Based Compensation Tax Expense Benefit From Compensation Expense Restricted Stock
EmployeeServiceShareBasedCompensationTaxExpenseBenefitFromCompensationExpenseRestrictedStock
228000 usd
aaon Employee Service Share Based Compensation Tax Expense Benefit From Compensation Expense Restricted Stock
EmployeeServiceShareBasedCompensationTaxExpenseBenefitFromCompensationExpenseRestrictedStock
819000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
207000 usd
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
479000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
719000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3389000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P1Y
aaon Definedcontributionemployeeautomaticcontributionpercentage
Definedcontributionemployeeautomaticcontributionpercentage
0.06
aaon Definedcontributionemployeeautomaticcontributionpercentage
Definedcontributionemployeeautomaticcontributionpercentage
0.06
aaon Definedcontributionemployeeautomaticcontributionpercentage
Definedcontributionemployeeautomaticcontributionpercentage
0.06
us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0 usd
us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0 usd
CY2022Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3273000 usd
CY2021Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2118000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6579000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4398000 usd
CY2021Q2 aaon Defined Benefit Plan Heath Saving Account Payments
DefinedBenefitPlanHeathSavingAccountPayments
876000 usd
aaon Defined Benefit Plan Heath Saving Account Payments
DefinedBenefitPlanHeathSavingAccountPayments
1903000 usd
aaon Profit Sharing Percentof Pretax Profit Paidto Eligible Employeeson Quarterly Basis
ProfitSharingPercentofPretaxProfitPaidtoEligibleEmployeesonQuarterlyBasis
0.10
CY2022Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2146000 usd
CY2021Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2919000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
4815000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
5051000 usd
CY2022Q2 aaon Defined Benefit Plan Medical Claim Payments
DefinedBenefitPlanMedicalClaimPayments
2043000 usd
CY2021Q2 aaon Defined Benefit Plan Medical Claim Payments
DefinedBenefitPlanMedicalClaimPayments
2033000 usd
aaon Defined Benefit Plan Medical Claim Payments
DefinedBenefitPlanMedicalClaimPayments
3989000 usd
aaon Defined Benefit Plan Medical Claim Payments
DefinedBenefitPlanMedicalClaimPayments
3846000 usd
CY2022Q2 aaon Defined Benefit Plan Heath Saving Account Payments
DefinedBenefitPlanHeathSavingAccountPayments
964000 usd
aaon Defined Benefit Plan Heath Saving Account Payments
DefinedBenefitPlanHeathSavingAccountPayments
1733000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
15946000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
20615000 usd
us-gaap Net Income Loss
NetIncomeLoss
36991000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53095286 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52432822 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52992439 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52389989 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
566590 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1171110 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
747998 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1346145 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
204179 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53661876 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53603932 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53944616 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53736134 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
879554 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
397656 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
658595 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
249140 shares
us-gaap Gross Profit
GrossProfit
75264000 usd
CY2018Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
15000000 usd
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000 usd
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
120119 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6866000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
57.16
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
170023 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11803000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
69.42
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
14557533 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
269876000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
18.54
CY2022Q2 us-gaap Contractual Obligation
ContractualObligation
6500000 usd
CY2022Q2 aaon Contractual Obligation Period
ContractualObligationPeriod
P18M
CY2022Q2 aaon Payment For Contractual Obligation
PaymentForContractualObligation
1000000 usd
CY2022Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2327000 usd
CY2021Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
246000 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3079000 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
812000 usd
CY2022Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
639000 usd
CY2021Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
57000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1003000 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
130000 usd
CY2022Q2 us-gaap Due From Related Parties
DueFromRelatedParties
1180000 usd
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
547000 usd
CY2022Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 usd
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
208814000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
143876000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
391585000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
259664000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
47376000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
42107000 usd
us-gaap Gross Profit
GrossProfit
93440000 usd
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
298350000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
275036000 usd
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
148301000 usd
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
155848000 usd

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