2021 Q4 Form 10-K Financial Statement

#000071203422000009 Filed on February 23, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $570.3M $2.025B $460.1M
YoY Change 23.95% 22.36% -14.38%
Cost Of Revenue $392.2M $1.410B $317.0M
YoY Change 23.72% 21.29% -9.79%
Gross Profit $178.1M $614.9M $143.1M
YoY Change 24.46% 24.88% -23.06%
Gross Profit Margin 31.23% 30.36% 31.1%
Selling, General & Admin $97.70M $392.6M $83.60M
YoY Change 16.87% 16.74% -18.12%
% of Gross Profit 54.86% 63.85% 58.42%
Research & Development $26.60M
YoY Change 35.03%
% of Gross Profit 4.33%
Depreciation & Amortization $21.10M $39.40M $18.40M
YoY Change 14.67% 3.96% 6.98%
% of Gross Profit 11.85% 6.41% 12.86%
Operating Expenses $111.3M $463.9M $92.30M
YoY Change 20.59% 22.08% -16.62%
Operating Profit $66.80M $151.0M $42.20M
YoY Change 58.29% 34.34% -38.03%
Interest Expense -$9.600M $46.30M -$7.600M
YoY Change 26.32% 19.33% -10.59%
% of Operating Profit -14.37% 30.66% -18.01%
Other Income/Expense, Net $3.200M -$3.100M -$1.900M
YoY Change -268.42% 93.75% -176.0%
Pretax Income $57.20M $111.4M $32.70M
YoY Change 74.92% 41.73% -47.34%
Income Tax $3.700M $9.500M $2.900M
% Of Pretax Income 6.47% 8.53% 8.87%
Net Earnings $53.50M $101.9M $29.80M
YoY Change 79.53% 64.35% -31.49%
Net Earnings / Revenue 9.38% 5.03% 6.48%
Basic Earnings Per Share $1.07 $0.31
Diluted Earnings Per Share $549.3K $1.05 $0.31
COMMON SHARES
Basic Shares Outstanding 95.73M shares 95.50M shares 94.50M shares
Diluted Shares Outstanding 97.10M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $41.20M $41.20M $36.60M
YoY Change 12.57% 12.57% 31.65%
Cash & Equivalents $41.20M $41.20M $36.60M
Short-Term Investments
Other Short-Term Assets $39.60M $39.60M $30.50M
YoY Change 29.84% 29.84% -25.97%
Inventory $428.0M $428.0M $305.1M
Prepaid Expenses
Receivables $416.1M $416.1M $356.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $924.9M $924.9M $728.2M
YoY Change 27.01% 27.01% -9.65%
LONG-TERM ASSETS
Property, Plant & Equipment $214.6M $319.8M $241.4M
YoY Change -11.1% -3.27% -9.62%
Goodwill $802.5M $827.4M
YoY Change -3.01% 15.14%
Intangibles $902.2M $977.0M
YoY Change -7.66% 28.79%
Long-Term Investments
YoY Change
Other Assets $26.00M $141.9M $49.00M
YoY Change -46.94% -23.5% 181.61%
Total Long-Term Assets $2.166B $2.166B $2.321B
YoY Change -6.64% -6.64% 17.04%
TOTAL ASSETS
Total Short-Term Assets $924.9M $924.9M $728.2M
Total Long-Term Assets $2.166B $2.166B $2.321B
Total Assets $3.091B $3.091B $3.049B
YoY Change 1.4% 1.4% 9.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $308.2M $308.2M $180.2M
YoY Change 71.03% 71.03% -26.66%
Accrued Expenses $182.7M $182.7M $155.0M
YoY Change 17.87% 17.87% -8.82%
Deferred Revenue
YoY Change
Short-Term Debt $9.400M $9.400M $5.700M
YoY Change 64.91% 64.91% 54.05%
Long-Term Debt Due $33.60M $33.60M $70.80M
YoY Change -52.54% -52.54% 140.0%
Total Short-Term Liabilities $708.6M $708.6M $556.9M
YoY Change 27.24% 27.24% -5.42%
LONG-TERM LIABILITIES
Long-Term Debt $954.1M $954.1M $1.055B
YoY Change -9.53% -9.53% 35.69%
Other Long-Term Liabilities $95.30M $418.6M $122.5M
YoY Change -22.2% -20.1% 24.49%
Total Long-Term Liabilities $1.049B $1.373B $1.177B
YoY Change -10.85% -13.04% 34.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $708.6M $708.6M $556.9M
Total Long-Term Liabilities $1.049B $1.373B $1.177B
Total Liabilities $2.227B $2.227B $2.306B
YoY Change -3.45% -3.45% 14.45%
SHAREHOLDERS EQUITY
Retained Earnings -$462.0M -$537.3M
YoY Change -14.01% -6.43%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $40.90M $39.90M
YoY Change 2.51% 4.45%
Treasury Stock Shares 4.301M shares 4.187M shares
Shareholders Equity $864.8M $864.8M $742.7M
YoY Change
Total Liabilities & Shareholders Equity $3.091B $3.091B $3.049B
YoY Change 1.4% 1.4% 9.33%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $53.50M $101.9M $29.80M
YoY Change 79.53% 64.35% -31.49%
Depreciation, Depletion And Amortization $21.10M $39.40M $18.40M
YoY Change 14.67% 3.96% 6.98%
Cash From Operating Activities $115.6M $159.6M $97.40M
YoY Change 18.69% 33.89% -24.38%
INVESTING ACTIVITIES
Capital Expenditures -$7.300M $21.20M -$3.500M
YoY Change 108.57% 38.56% -70.09%
Acquisitions -$15.40M
YoY Change -104.54%
Other Investing Activities $0.00 $15.40M -$340.0M
YoY Change -100.0% -104.54% -28433.33%
Cash From Investing Activities -$7.300M -$5.800M -$343.5M
YoY Change -97.87% -98.36% 3171.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $766.3M
YoY Change 404.48%
Cash From Financing Activities -124.7M -$147.2M 196.1M
YoY Change -163.59% -160.16% -251.66%
NET CHANGE
Cash From Operating Activities 115.6M $159.6M 97.40M
Cash From Investing Activities -7.300M -$5.800M -343.5M
Cash From Financing Activities -124.7M -$147.2M 196.1M
Net Change In Cash -16.40M $4.600M -50.00M
YoY Change -67.2% -47.73% 354.55%
FREE CASH FLOW
Cash From Operating Activities $115.6M $159.6M $97.40M
Capital Expenditures -$7.300M $21.20M -$3.500M
Free Cash Flow $122.9M $138.4M $100.9M
YoY Change 21.8% 33.21% -28.19%

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25800000 USD
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100000 USD
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<div style="text-align:justify;text-indent:13.5pt"><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><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our financial statements are prepared in conformity with generally accepted accounting principles in the U.S. ("GAAP"). Preparation of our financial statements requires us to make judgments, estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses presented for each reporting period in the financial statements and the related accompanying notes. Actual results could differ significantly from those estimates. We regularly review our assumptions and estimates, which are based on historical experience and, where appropriate, current business trends.</span></div>
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117400000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
99000000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
98400000 USD
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26600000 USD
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19700000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21800000 USD
CY2020Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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1006700000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1136600000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
43000000.0 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
76500000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
9600000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5500000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
954100000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1054600000 USD
CY2020Q2 abd Debt Instrument Maximum Consolidated Leverage Ratio
DebtInstrumentMaximumConsolidatedLeverageRatio
3.75
CY2020Q2 abd Cash And Cash Equivalent Amount Maximum Before Debt Instrument Requires Pay Down Revolving Facility
CashAndCashEquivalentAmountMaximumBeforeDebtInstrumentRequiresPayDownRevolvingFacility
100000000 USD
CY2021 abd Debt Instrument Debt Issuance Costs Write Off
DebtInstrumentDebtIssuanceCostsWriteOff
3700000 USD
CY2020Q2 abd Debt Instrument Maximum Consolidated Leverage Ratio
DebtInstrumentMaximumConsolidatedLeverageRatio
3.75
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
29700000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
28300000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
1900000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
1200000 USD
CY2021 us-gaap Lease Cost
LeaseCost
27800000 USD
CY2020 us-gaap Lease Cost
LeaseCost
27100000 USD
CY2019 us-gaap Lease Cost
LeaseCost
27900000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
31100000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
28800000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
41100000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9000000.0 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
30500000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
21800000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18000000.0 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
15000000.0 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12300000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
37800000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
135400000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21600000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
113800000 USD
CY2021Q4 abd Numberofpostretirementplansnotfrozentonewparticipants
Numberofpostretirementplansnotfrozentonewparticipants
1
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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222300000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
317100000 USD
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
22700000 USD
CY2021Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
18000000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
12700000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6800000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
12400000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
11775000 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15200000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6500000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10100000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3600000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2400000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11600000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4900000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
7700000 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15200000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6500000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10100000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7900000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
67500000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36800000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4100000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3500000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
356400000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
264800000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
428000000.0 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
305100000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
656400000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
657800000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
441800000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
416400000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
214600000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
241400000 USD
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
63400000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
65800000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
12900000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
11400000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
8900000 USD
CY2021Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reportingUnit
CY2021Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reportingUnit
CY2019Q4 us-gaap Goodwill
Goodwill
718600000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
89500000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
19300000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
827400000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
-12500000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-12400000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
802500000 USD
CY2021Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3700000 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
215100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
830700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
301600000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
529100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
816900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
262900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
554000000.0 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1248300000 USD
CY2021Q4 abd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
346100000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
902200000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1284400000 USD
CY2020Q4 abd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
307400000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
977000000.0 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46300000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32800000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
35400000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
42800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
40500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
38800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
37200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
35100000 USD
CY2021Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2021Q4 abd Number Of Trade Names
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5 segment
CY2021Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reportingUnit
CY2021 us-gaap Restructuring Charges
RestructuringCharges
6000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
10900000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12000000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
9300000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
6000000.0 USD
CY2021 us-gaap Payments For Restructuring
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11000000.0 USD
CY2021 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-200000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
4500000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
11800000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
10900000 USD
CY2020 us-gaap Payments For Restructuring
PaymentsForRestructuring
12300000 USD
CY2020 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
1100000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
9300000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
9700000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12000000.0 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
9900000 USD
CY2019 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
0 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
11800000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
6000000.0 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
10900000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12000000.0 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-5600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1700000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
32000000.0 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
117000000.0 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
76900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
131500000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
111400000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
78600000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
163500000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23400000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16500000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34300000 USD
CY2021 abd Effective Income Tax Rate Reconciliation Unrecognized Tax Benefit Expense Amount
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitExpenseAmount
-1900000 USD
CY2020 abd Effective Income Tax Rate Reconciliation Unrecognized Tax Benefit Expense Amount
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitExpenseAmount
0 USD
CY2019 abd Effective Income Tax Rate Reconciliation Unrecognized Tax Benefit Expense Amount
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitExpenseAmount
0 USD
CY2021 abd Effective Income Tax Rate Reconciliation Giltifdii Amount
EffectiveIncomeTaxRateReconciliationGILTIFDIIAmount
-1000000.0 USD
CY2020 abd Effective Income Tax Rate Reconciliation Giltifdii Amount
EffectiveIncomeTaxRateReconciliationGILTIFDIIAmount
-2700000 USD
CY2019 abd Effective Income Tax Rate Reconciliation Giltifdii Amount
EffectiveIncomeTaxRateReconciliationGILTIFDIIAmount
0 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-6800000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2021 abd Effective Income Tax Rate Reconciliation Change In Enacted Law Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedLawTaxRateAmount
-1200000 USD
CY2020 abd Effective Income Tax Rate Reconciliation Change In Enacted Law Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedLawTaxRateAmount
0 USD
CY2019 abd Effective Income Tax Rate Reconciliation Change In Enacted Law Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInEnactedLawTaxRateAmount
0 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2000000.0 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
100000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5800000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
3200000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
1300000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
3100000 USD
CY2021 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1200000 USD
CY2020 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2100000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1500000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1400000 USD
CY2019 abd Income Tax Reconciliation Deductions Excess Tax Benefits
IncomeTaxReconciliationDeductionsExcessTaxBenefits
-200000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
4200000 USD
CY2021 abd Unrecognized Tax Benefits Reductionsfor Tax Positionof Prior Years Netof Intereston Income Taxes Expense
UnrecognizedTaxBenefitsReductionsforTaxPositionofPriorYearsNetofInterestonIncomeTaxesExpense
500000 USD
CY2020 abd Unrecognized Tax Benefits Reductionsfor Tax Positionof Prior Years Netof Intereston Income Taxes Expense
UnrecognizedTaxBenefitsReductionsforTaxPositionofPriorYearsNetofInterestonIncomeTaxesExpense
1500000 USD
CY2019 abd Unrecognized Tax Benefits Reductionsfor Tax Positionof Prior Years Netof Intereston Income Taxes Expense
UnrecognizedTaxBenefitsReductionsforTaxPositionofPriorYearsNetofInterestonIncomeTaxesExpense
6500000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-11400000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2200000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
400000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2100000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2021 abd Income Tax Reconciliation Deductions Excess Tax Benefits
IncomeTaxReconciliationDeductionsExcessTaxBenefits
-500000 USD
CY2020 abd Income Tax Reconciliation Deductions Excess Tax Benefits
IncomeTaxReconciliationDeductionsExcessTaxBenefits
-900000 USD
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1600000 USD
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-3600000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
100000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9500000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16600000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56700000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.085
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.211
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.347
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9500000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
111400000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.085
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16600000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
78600000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.211
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56700000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
163500000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.347
CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
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1400000 USD
CY2019 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
2100000 USD
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
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2000000.0 USD
CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-100000 USD
CY2019 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
5800000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
28500000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
24300000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
42200000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
30500000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
24200000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
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