2023 Q1 Form 10-K Financial Statement

#000082414223000019 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $266.0M $254.6M $888.8M
YoY Change 45.51% 86.82% 66.28%
Cost Of Revenue $188.8M $176.1M $651.2M
YoY Change 38.1% 60.44% 64.16%
Gross Profit $77.15M $78.54M $237.6M
YoY Change 67.49% 195.86% 72.37%
Gross Profit Margin 29.01% 30.85% 26.73%
Selling, General & Admin $32.94M $29.66M $110.8M
YoY Change 42.88% 47.09% 61.55%
% of Gross Profit 42.7% 37.76% 46.65%
Research & Development $46.80M
YoY Change 181.93%
% of Gross Profit 19.7%
Depreciation & Amortization $10.27M $9.482M $35.11M
YoY Change 45.2% 21.39% 15.7%
% of Gross Profit 13.32% 12.07% 14.78%
Operating Expenses $32.94M $31.94M $157.6M
YoY Change 42.88% 51.32% 85.01%
Operating Profit $44.21M $46.60M $126.8M
YoY Change 92.12% 757.05% 83.04%
Interest Expense -$1.150M -$933.0K -$2.627M
YoY Change 505.26% 671.07% 1890.15%
% of Operating Profit -2.6% -2.0% -2.07%
Other Income/Expense, Net $114.0K $104.0K $399.0K
YoY Change 442.86% 333.33% 554.1%
Pretax Income $43.17M $45.77M $124.5M
YoY Change 89.0% 756.14% 80.01%
Income Tax $6.356M $6.871M $24.16M
% Of Pretax Income 14.72% 15.01% 19.4%
Net Earnings $36.81M $38.90M $100.4M
YoY Change 103.85% 528.81% 70.83%
Net Earnings / Revenue 13.84% 15.28% 11.29%
Basic Earnings Per Share $0.69 $1.89
Diluted Earnings Per Share $0.67 $0.71 $1.86
COMMON SHARES
Basic Shares Outstanding 53.48M shares 53.20M shares 53.05M shares
Diluted Shares Outstanding 55.24M shares 54.10M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.515M $5.451M $5.451M
YoY Change -55.35% 90.66% 90.66%
Cash & Equivalents $2.515M $5.451M $5.451M
Short-Term Investments
Other Short-Term Assets $6.005M $2.417M $2.417M
YoY Change -2.25% -10.45% -10.45%
Inventory $199.6M $198.9M $198.9M
Prepaid Expenses
Receivables $161.0M $127.2M $142.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $384.2M $349.1M $349.1M
YoY Change 35.42% 60.09% 60.09%
LONG-TERM ASSETS
Property, Plant & Equipment $324.6M $304.7M $311.9M
YoY Change 21.85% 18.09% 13.39%
Goodwill $81.89M $81.89M
YoY Change 0.0% -4.47%
Intangibles $63.70M $64.61M
YoY Change -5.36% -7.86%
Long-Term Investments
YoY Change
Other Assets $6.421M
YoY Change 428.04%
Total Long-Term Assets $483.7M $464.8M $464.8M
YoY Change 11.52% 7.56% 7.56%
TOTAL ASSETS
Total Short-Term Assets $384.2M $349.1M $349.1M
Total Long-Term Assets $483.7M $464.8M $464.8M
Total Assets $867.9M $813.9M $813.9M
YoY Change 20.97% 25.18% 25.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.56M $45.51M $45.51M
YoY Change -17.42% 56.83% 56.83%
Accrued Expenses $86.17M $78.63M $78.63M
YoY Change 62.93% 56.61% 56.61%
Deferred Revenue $22.14M $21.42M
YoY Change -13.32% 184.06%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $137.9M $145.6M $145.6M
YoY Change 20.7% 67.77% 67.77%
LONG-TERM LIABILITIES
Long-Term Debt $90.12M $77.45M $77.45M
YoY Change 26.19% 66.9% 66.9%
Other Long-Term Liabilities $10.92M $11.51M $11.51M
YoY Change -41.57% -38.93% -38.93%
Total Long-Term Liabilities $101.0M $11.51M $88.96M
YoY Change 12.14% -38.93% 36.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $137.9M $145.6M $145.6M
Total Long-Term Liabilities $101.0M $11.51M $88.96M
Total Liabilities $258.5M $157.1M $253.2M
YoY Change 8.93% 48.73% 37.6%
SHAREHOLDERS EQUITY
Retained Earnings $492.1M $461.8M
YoY Change 22.31% 20.16%
Common Stock $217.0K $214.0K
YoY Change 2.36% 1.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $609.4M $560.7M $560.7M
YoY Change
Total Liabilities & Shareholders Equity $867.9M $813.9M $813.9M
YoY Change 20.97% 25.18% 25.18%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $36.81M $38.90M $100.4M
YoY Change 103.85% 528.81% 70.83%
Depreciation, Depletion And Amortization $10.27M $9.482M $35.11M
YoY Change 45.2% 21.39% 15.7%
Cash From Operating Activities $4.823M $17.90M $61.32M
YoY Change -170.9% -232.43% 0.22%
INVESTING ACTIVITIES
Capital Expenditures $28.94M $12.44M $54.02M
YoY Change -306.22% -197.74% -197.58%
Acquisitions $0.00 $249.0K
YoY Change -100.0% -99.76%
Other Investing Activities $116.0K $7.000K -$22.19M
YoY Change -149.79% -100.01% -78.53%
Cash From Investing Activities -$28.82M -$12.43M -$76.21M
YoY Change 102.04% -89.3% -51.98%
FINANCING ACTIVITIES
Cash Dividend Paid $6.459M $22.92M
YoY Change 14.89%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $21.03M -10.79M $17.36M
YoY Change -11.68% -135.18% -7.36%
NET CHANGE
Cash From Operating Activities $4.823M 17.90M $61.32M
Cash From Investing Activities -$28.82M -12.43M -$76.21M
Cash From Financing Activities $21.03M -10.79M $17.36M
Net Change In Cash -$2.969M -5.319M $2.462M
YoY Change -208.32% -94.63% -103.12%
FREE CASH FLOW
Cash From Operating Activities $4.823M $17.90M $61.32M
Capital Expenditures $28.94M $12.44M $54.02M
Free Cash Flow -$24.11M $5.466M $7.294M
YoY Change -433.59% -788.41% -93.74%

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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11342000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11342000 usd
CY2020 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
31229000 usd
CY2020 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
31229000 usd
CY2020 us-gaap Dividends Common Stock Cash
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19815000 usd
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19815000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
350865000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
350865000 usd
CY2021 us-gaap Net Income Loss
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58758000 usd
CY2021 us-gaap Net Income Loss
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58758000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21148000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21148000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11812000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11812000 usd
CY2021 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
22466000 usd
CY2021 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
22466000 usd
CY2021 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
66000000 usd
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19947000 usd
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19947000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
466170000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
100376000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
23140000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13700000 usd
CY2022 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
13755000 usd
CY2022 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
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CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
22917000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
560714000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
100376000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
58758000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
79009000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35106000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30343000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25634000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
324000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
73000 usd
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-72000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
43000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
153000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2740000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
629000 usd
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
1108000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13700000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
11812000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
11342000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
12000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
21000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
6478000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-41000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
1000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
12000 usd
CY2022 aaon Interest Income Note Receivable
InterestIncomeNoteReceivable
22000 usd
CY2021 aaon Interest Income Note Receivable
InterestIncomeNoteReceivable
24000 usd
CY2020 aaon Interest Income Note Receivable
InterestIncomeNoteReceivable
24000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13332000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3669000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13027000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
56306000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9737000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19859000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-18195000 usd
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1136000 usd
CY2020 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
3815000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
71409000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
45955000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9726000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
9402000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1886000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2367000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1374000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2364000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
11574000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10899000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2155000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
13882000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-229000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1314000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
447000 usd
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1010000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
16945000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1690000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2203000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
61318000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
61183000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
128814000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
54024000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
55362000 usd
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
67802000 usd
CY2022 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
22000000 usd
CY2021 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
0 usd
CY2020 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
249000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
103430000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
60000 usd
CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2021 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2020 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
6417000 usd
CY2022 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
48000 usd
CY2021 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
54000 usd
CY2020 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
52000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76213000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-158719000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-61273000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
225758000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
40000000 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
194754000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
115000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23140000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21148000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21418000 usd
CY2022 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
12737000 usd
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
20876000 usd
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
30060000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1018000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1590000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1169000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
22917000 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
19947000 usd
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
19815000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17357000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18735000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29626000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2462000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-78801000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
37915000 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
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44373000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5949000 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
CY2022Q4 aaon Number Of Veriable Interes Entities
NumberOfVeriableInteresEntities
2 numberofentities
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div><span><br/></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%">Our customers are concentrated primarily in the domestic commercial and industrial new construction and replacement markets. To date, our sales have been primarily to the domestic market, with foreign sales accounting for approximately 3.1%, 3.0%, and 2.0% of revenues for the years ended December 31, 2022, 2021, and 2020, respectively. </span></div>One customer, Texas AirSystems LLC, accounted for more than 10.0% of our sales during 2022, 2021, and 2020. No other customer accounted for more than 10.0% of our sales during 2022, 2021, and 2020. One customer, Texas AirSystems LLC, accounted for more than 10.0% of our accounts receivable balance at December 31, 2022. No customers accounted for more than 10.0% of our accounts receivable balance at December 31, 2021.
CY2020Q2 aaon Property Insurance Deductible Amount
PropertyInsuranceDeductibleAmount
500000 usd
CY2020Q4 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
6400000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
85727000 usd
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
3229000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
82498000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-3835000 usd
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
81892000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
85727000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
46800000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16600000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17400000 usd
CY2022 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
39100000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
2400000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1600000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
800000 usd
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.20
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.333
CY2022 aaon Extended Product Warranties Minimum Length
ExtendedProductWarrantiesMinimumLength
P6M
CY2022 aaon Extended Product Warranties Maximum Length
ExtendedProductWarrantiesMaximumLength
P10Y
CY2021 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
43900000 usd
CY2020 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
50000000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></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 consolidated 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 valuation, inventory reserves, warranty accrual, workers' compensation accrual, medical insurance accrual, income taxes, useful lives of property, plant, and equipment, estimated future use of leased property, share-based compensation, business combinations, revenue percentage of completion and estimated costs to complete. Actual results could differ materially from those estimates.</span></div>
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
888788000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
534517000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
514551000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
611158000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
562563000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
63491000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
80507000 usd
CY2022 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.21
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.54
CY2022 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.18
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.52
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7123000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16974000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1254000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1580000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5993000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15467000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
127635000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
71329000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
477000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
549000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
127158000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
70780000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
549000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
506000 usd
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
353000 usd
CY2022 aaon Accounts Receivable Credit Loss Net Of Adjustments
AccountsReceivableCreditLossNetOfAdjustments
359000 usd
CY2021 aaon Accounts Receivable Credit Loss Net Of Adjustments
AccountsReceivableCreditLossNetOfAdjustments
43000 usd
CY2020 aaon Accounts Receivable Credit Loss Net Of Adjustments
AccountsReceivableCreditLossNetOfAdjustments
153000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
431000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
477000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
549000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
506000 usd
CY2022Q4 us-gaap Inventory Raw Materials
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194159000 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
124480000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
3501000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
3049000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5806000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4528000 usd
CY2022Q4 us-gaap Inventory Gross
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203466000 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
132057000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4527000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1787000 usd
CY2022Q4 us-gaap Inventory Net
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198939000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
130270000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1787000 usd
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3261000 usd
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2644000 usd
CY2022 aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
2852000 usd
CY2021 aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
629000 usd
CY2020 aaon Inventory Valuation Reserves Provision
InventoryValuationReservesProvision
1108000 usd
CY2022 aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
112000 usd
CY2021 aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
2103000 usd
CY2020 aaon Inventory Valuation Reserves Write Offs
InventoryValuationReservesWriteOffs
491000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4527000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1787000 usd
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3261000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3807000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
208000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50035000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54955000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
14571000 usd
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
15166000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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64606000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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70121000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3599000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
246000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
234000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3600000 usd
CY2022 us-gaap Interest Paid Net
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2412000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19293000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7891000 usd
CY2020 us-gaap Income Taxes Paid Net
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13754000 usd
CY2022 aaon Non Cash Capital Expenditures Incurred But Not Yet Paid
NonCashCapitalExpendituresIncurredButNotYetPaid
1919000 usd
CY2021 aaon Non Cash Capital Expenditures Incurred But Not Yet Paid
NonCashCapitalExpendituresIncurredButNotYetPaid
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CY2020 aaon Non Cash Capital Expenditures Incurred But Not Yet Paid
NonCashCapitalExpendituresIncurredButNotYetPaid
2843000 usd
CY2022 aaon Product Warranty Accrual Minimum Length
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P1Y
CY2022 aaon Product Warranty Accrual Maximum Length
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CY2021Q4 us-gaap Standard Product Warranty Accrual
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13769000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13522000 usd
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12652000 usd
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6584000 usd
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6734000 usd
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5751000 usd
CY2022 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
8497000 usd
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
6351000 usd
CY2020 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
6621000 usd
CY2022 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
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0 usd
CY2021 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
630000 usd
CY2020 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15682000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13769000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13522000 usd
CY2022 us-gaap Product Warranty Expense
ProductWarrantyExpense
8497000 usd
CY2021 us-gaap Product Warranty Expense
ProductWarrantyExpense
6351000 usd
CY2020 us-gaap Product Warranty Expense
ProductWarrantyExpense
6621000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
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15682000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
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13769000 usd
CY2022Q4 us-gaap Accrued Sales Commission Current
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15545000 usd
CY2021Q4 us-gaap Accrued Sales Commission Current
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7995000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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11901000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
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8423000 usd
CY2022Q4 aaon Accrued Profit Sharing Current
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5451000 usd
CY2021Q4 aaon Accrued Profit Sharing Current
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1489000 usd
CY2022Q4 us-gaap Workers Compensation Liability Current
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367000 usd
CY2021Q4 us-gaap Workers Compensation Liability Current
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308000 usd
CY2022Q4 us-gaap Self Insurance Reserve Current
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1178000 usd
CY2021Q4 us-gaap Self Insurance Reserve Current
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1943000 usd
CY2022Q4 aaon Customer Prepayments Current
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3750000 usd
CY2021Q4 aaon Customer Prepayments Current
CustomerPrepaymentsCurrent
5931000 usd
CY2022Q4 aaon Donations Current
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637000 usd
CY2021Q4 aaon Donations Current
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438000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
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12472000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
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0 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
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6329000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current
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4362000 usd
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1330000 usd
CY2021Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
1593000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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1254000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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1580000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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2734000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2375000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
78630000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
50206000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5993000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15467000 usd
CY2022Q4 aaon Other Accrued Liabilities Noncurrent Other
OtherAccruedLiabilitiesNoncurrentOther
4539000 usd
CY2021Q4 aaon Other Accrued Liabilities Noncurrent Other
OtherAccruedLiabilitiesNoncurrentOther
3042000 usd
CY2022Q4 aaon Donations Noncurrent
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976000 usd
CY2021Q4 aaon Donations Noncurrent
DonationsNoncurrent
334000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
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11508000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Noncurrent
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18843000 usd
CY2021Q4 us-gaap Line Of Credit
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71000000 usd
CY2021Q4 us-gaap Line Of Credit
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40000000.0 usd
CY2022Q4 aaon Ratio Of Total Liability To Net Worth
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0.46
CY2022Q4 aaon Maximum Ratio Of Total Liability To Net Worth Required For Compliance
MaximumRatioOfTotalLiabilityToNetWorthRequiredForCompliance
3
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7568000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
11265000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
37489000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
6755000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9939000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3669000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13027000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24157000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10424000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22966000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.041
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.053
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.010
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.024
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.078
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.032
CY2022 aaon Effective Income Tax Rate Reconciliation Return To Provision
EffectiveIncomeTaxRateReconciliationReturnToProvision
-0.003
CY2021 aaon Effective Income Tax Rate Reconciliation Return To Provision
EffectiveIncomeTaxRateReconciliationReturnToProvision
0
CY2020 aaon Effective Income Tax Rate Reconciliation Return To Provision
EffectiveIncomeTaxRateReconciliationReturnToProvision
0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.021
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.011
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.009
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.194
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.151
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.225
CY2022Q4 us-gaap Tax Credit Carryforward Amount
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3100000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
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1337000 usd
CY2021Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
625000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
4184000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
3675000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
4814000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
1406000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7440000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
31993000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
46800000 usd
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3115000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3404000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2339000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4112000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
34494000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20790000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3115000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3404000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
31379000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
17386000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
50040000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
49379000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
50040000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
49379000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18661000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
11300000 usd
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
8900000 shares
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1377013 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P5Y8M8D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
40.61
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
47803000 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
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.40
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
597761 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
38.71
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
192876 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
49.56
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3040347 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
45.20
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1377013 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
40.61
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
16000000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
22600000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15500000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23100000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21100000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21400000 usd
CY2022 aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
12468000 usd
CY2021 aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
12721000 usd
CY2020 aaon Share Based Compensation Arrangement By Share Based Payment Award Total Awarded In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardTotalAwardedInPeriodFairValue
15931000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13700000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11812000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11342000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2956000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5408000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3217000 usd
CY2022 aaon Definedcontributionemployeeautomaticcontributionpercentag
Definedcontributionemployeeautomaticcontributionpercentag
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CY2022 aaon Definedcontributionemployeeautomaticcontributionpercentag
Definedcontributionemployeeautomaticcontributionpercentag
0.060
CY2022 aaon Definedcontributionemployeeautomaticcontributionpercentag
Definedcontributionemployeeautomaticcontributionpercentag
0.060
CY2020 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0 usd
CY2022 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0 usd
CY2021 us-gaap Defined Contribution Plan Administrative Expenses
DefinedContributionPlanAdministrativeExpenses
0 usd
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DefinedContributionPlanCostRecognized
9091000 usd
CY2022 aaon Profit Sharing Percentof Pretax Profit Paidto Eligible Employeeson Quarterly Basis
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CY2022 us-gaap Labor And Related Expense
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CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
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CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
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DefinedBenefitPlanMedicalClaimPayments
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DefinedBenefitPlanMedicalClaimPayments
9060000 usd
CY2022 aaon Defined Benefit Plan Heath Saving Account Payments
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3862000 usd
CY2021 aaon Defined Benefit Plan Heath Saving Account Payments
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CY2020 aaon Defined Benefit Plan Heath Saving Account Payments
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CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
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CY2022Q4 us-gaap Stock Repurchase Program Authorized Amount1
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CY2022 us-gaap Treasury Stock Shares Acquired
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243276 shares
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13755000 usd
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56.54
CY2021 us-gaap Treasury Stock Shares Acquired
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320298 shares
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CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
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565882 shares
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31229000 usd
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us-gaap Treasury Stock Shares Acquired
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CY2021 us-gaap Payments Of Dividends Common Stock
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48600000 usd
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6500000 usd
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CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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52168679 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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842783 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1301698 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
892490 shares
CY2022 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
199303 shares
CY2021 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
23092 shares
CY2020 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54097072 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53728989 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53061169 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.89
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1.12
CY2020 us-gaap Earnings Per Share Basic
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1.51
CY2022 us-gaap Earnings Per Share Diluted
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1.86
CY2021 us-gaap Earnings Per Share Diluted
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1.09
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
605480 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
304029 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
364787 shares
CY2022 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
5789000 usd
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3752000 usd
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3475000 usd
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1318000 usd
CY2021 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
185000 usd
CY2020 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
256000 usd
CY2022Q4 us-gaap Due From Related Parties
DueFromRelatedParties
432000 usd
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
547000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
888788000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
534517000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
514551000 usd
CY2022 us-gaap Gross Profit
GrossProfit
237572000 usd
CY2021 us-gaap Gross Profit
GrossProfit
137830000 usd
CY2020 us-gaap Gross Profit
GrossProfit
155849000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
317322000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
275036000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
146498000 usd
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
155848000 usd

Files In Submission

Name View Source Status
aaon-20221231_cal.xml Edgar Link unprocessable
aaon-20221231_lab.xml Edgar Link unprocessable
aaon-20221231_def.xml Edgar Link unprocessable
aaon-20221231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0000824142-23-000019-index-headers.html Edgar Link pending
0000824142-23-000019-index.html Edgar Link pending
0000824142-23-000019.txt Edgar Link pending
0000824142-23-000019-xbrl.zip Edgar Link pending
aaon-20221231.htm Edgar Link pending
aaon-20221231.xsd Edgar Link pending
aaon-20221231_g1.jpg Edgar Link pending
aaon_10k123122ex21.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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