2022 Q4 Form 10-Q Financial Statement
#000169899122000043 Filed on November 08, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
Revenue | $278.1M | $267.0M | $192.3M |
YoY Change | 44.59% | 38.07% | 158.44% |
Cost Of Revenue | $195.3M | $187.5M | $129.6M |
YoY Change | 50.67% | 44.55% | 162.99% |
Gross Profit | $82.75M | $79.43M | $62.68M |
YoY Change | 32.02% | 24.87% | 149.51% |
Gross Profit Margin | 29.76% | 29.75% | 32.59% |
Selling, General & Admin | $42.31M | $39.80M | $32.18M |
YoY Change | 31.49% | 41.86% | 43.91% |
% of Gross Profit | 51.13% | 50.1% | 51.33% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $13.93M | $8.100M | $9.367M |
YoY Change | 48.67% | 24.62% | -18.53% |
% of Gross Profit | 16.83% | 10.2% | 14.94% |
Operating Expenses | $57.66M | $56.19M | $45.62M |
YoY Change | 26.39% | 24.97% | 27.12% |
Operating Profit | $25.09M | $23.24M | $17.06M |
YoY Change | 47.07% | 24.63% | -258.49% |
Interest Expense | -$7.606M | -$6.239M | -$2.966M |
YoY Change | 156.44% | 106.86% | -16.1% |
% of Operating Profit | -30.31% | -26.85% | -17.38% |
Other Income/Expense, Net | $47.00K | $10.36M | -$2.895M |
YoY Change | -101.62% | -1266.44% | -256.4% |
Pretax Income | $17.54M | $27.36M | $10.05M |
YoY Change | 74.48% | 85.57% | -173.63% |
Income Tax | $4.129M | $4.900M | $3.244M |
% Of Pretax Income | 23.55% | 17.91% | 32.28% |
Net Earnings | $13.41M | $22.44M | $6.806M |
YoY Change | 96.97% | 107.68% | -179.88% |
Net Earnings / Revenue | 4.82% | 8.41% | 3.54% |
Basic Earnings Per Share | $0.25 | ||
Diluted Earnings Per Share | $0.15 | $0.25 | $71.53K |
COMMON SHARES | |||
Basic Shares Outstanding | 87.47M shares | 89.99M shares | 94.07M shares |
Diluted Shares Outstanding | 90.53M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $256.2M | $244.1M | $230.9M |
YoY Change | 10.97% | 35.71% | 71.7% |
Cash & Equivalents | $224.1M | $212.1M | $198.8M |
Short-Term Investments | $32.07M | $32.07M | $32.07M |
Other Short-Term Assets | $8.427M | $7.630M | $10.15M |
YoY Change | -16.94% | -36.2% | 17.39% |
Inventory | $6.941M | $6.873M | $0.00 |
Prepaid Expenses | $7.407M | $7.827M | $6.998M |
Receivables | $11.17M | $8.854M | $5.121M |
Other Receivables | $538.0K | $1.502M | |
Total Short-Term Assets | $299.2M | $283.7M | $248.0M |
YoY Change | 20.65% | 43.13% | 63.17% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $211.8M | $206.8M | $152.3M |
YoY Change | 39.14% | 40.0% | 6.05% |
Goodwill | $100.7M | $99.49M | $46.20M |
YoY Change | 117.98% | 117.23% | 0.97% |
Intangibles | $23.00M | $23.60M | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $351.7M | $347.9M | $215.8M |
YoY Change | 62.96% | 36.72% | -18.46% |
Total Long-Term Assets | $563.6M | $554.6M | $368.1M |
YoY Change | 53.11% | 37.93% | -9.84% |
TOTAL ASSETS | |||
Total Short-Term Assets | $299.2M | $283.7M | $248.0M |
Total Long-Term Assets | $563.6M | $554.6M | $368.1M |
Total Assets | $862.8M | $838.3M | $616.1M |
YoY Change | 40.04% | 39.64% | 9.97% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $22.30M | $21.60M | $14.62M |
YoY Change | 52.59% | 116.78% | -38.33% |
Accrued Expenses | $35.00M | $31.73M | $24.30M |
YoY Change | 44.07% | 51.79% | 315.1% |
Deferred Revenue | $1.500M | $3.000M | $2.100M |
YoY Change | -28.57% | 50.0% | 31.25% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $23.47M | $23.46M | $17.50M |
YoY Change | 34.09% | 28.56% | -4.11% |
Total Short-Term Liabilities | $89.91M | $92.68M | $71.84M |
YoY Change | 25.15% | 41.44% | 37.12% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $518.6M | $498.0M | $324.0M |
YoY Change | 60.04% | 60.78% | 0.66% |
Other Long-Term Liabilities | $3.390M | $32.01M | $59.51M |
YoY Change | -94.3% | -43.3% | 2.46% |
Total Long-Term Liabilities | $594.3M | $564.8M | $385.8M |
YoY Change | 54.05% | 52.37% | 1.53% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $89.91M | $92.68M | $71.84M |
Total Long-Term Liabilities | $594.3M | $564.8M | $385.8M |
Total Liabilities | $684.2M | $657.5M | $457.6M |
YoY Change | 49.51% | 50.73% | 5.84% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $53.88M | $40.48M | -$20.22M |
YoY Change | -366.46% | -249.76% | -60.95% |
Common Stock | $9.000K | $9.000K | $9.000K |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $81.70M | $8.983M | |
YoY Change | 809.46% | ||
Treasury Stock Shares | |||
Shareholders Equity | $178.6M | $180.9M | $158.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $862.8M | $838.3M | $616.1M |
YoY Change | 40.04% | 39.64% | 9.97% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $13.41M | $22.44M | $6.806M |
YoY Change | 96.97% | 107.68% | -179.88% |
Depreciation, Depletion And Amortization | $13.93M | $8.100M | $9.367M |
YoY Change | 48.67% | 24.62% | -18.53% |
Cash From Operating Activities | $29.75M | $37.04M | $30.49M |
YoY Change | -2.44% | 41.89% | -489.69% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $14.40M | -$19.76M | -$10.99M |
YoY Change | -231.09% | 152.36% | 35.61% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$5.991M | -$11.85M | -$2.338M |
YoY Change | 156.24% | -3328.07% | -92.25% |
Cash From Investing Activities | -$20.39M | -$31.60M | -$13.32M |
YoY Change | 53.05% | 323.53% | -65.2% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.693M | -13.54M | 1.734M |
YoY Change | 55.31% | -21.58% | 19.75% |
NET CHANGE | |||
Cash From Operating Activities | 29.75M | 37.04M | 30.49M |
Cash From Investing Activities | -20.39M | -31.60M | -13.32M |
Cash From Financing Activities | 2.693M | -13.54M | 1.734M |
Net Change In Cash | 12.05M | -8.105M | 18.90M |
YoY Change | -36.25% | -689.45% | -142.32% |
FREE CASH FLOW | |||
Cash From Operating Activities | $29.75M | $37.04M | $30.49M |
Capital Expenditures | $14.40M | -$19.76M | -$10.99M |
Free Cash Flow | $15.35M | $56.80M | $41.48M |
YoY Change | -63.0% | 67.38% | 14928.62% |
Facts In Submission
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Accel Entertainment, Inc. | ||
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212063000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
198786000 | usd |
CY2022Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
8854000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5121000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
1502000 | usd |
CY2021Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
0 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
6873000 | usd |
acel |
Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
|
-6867000 | usd | |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
0 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
7827000 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
6998000 | usd |
CY2022Q3 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
6893000 | usd |
CY2021Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
32065000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
32065000 | usd |
CY2022Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
7630000 | usd |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5025000 | usd |
CY2022Q3 | us-gaap |
Assets Current
AssetsCurrent
|
283707000 | usd |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
247995000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
206767000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
152251000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
17769000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
15913000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
189382000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
150672000 | usd |
CY2022Q3 | us-gaap |
Goodwill
Goodwill
|
99490000 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
46199000 | usd |
CY2022Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
23588000 | usd |
CY2021Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
0 | usd |
CY2022Q3 | acel |
Interest Rate Caplets Net Of Current
InterestRateCapletsNetOfCurrent
|
14048000 | usd |
CY2021Q4 | acel |
Interest Rate Caplets Net Of Current
InterestRateCapletsNetOfCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
3598000 | usd |
CY2021Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
3043000 | usd |
CY2022Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
347875000 | usd |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
215827000 | usd |
CY2022Q3 | us-gaap |
Assets
Assets
|
838349000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
616073000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
23463000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
17500000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3040000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2079000 | usd |
CY2022Q3 | acel |
Accrued Liabilities Location Gaming Expense Current
AccruedLiabilitiesLocationGamingExpenseCurrent
|
5763000 | usd |
CY2021Q4 | acel |
Accrued Liabilities Location Gaming Expense Current
AccruedLiabilitiesLocationGamingExpenseCurrent
|
3969000 | usd |
CY2022Q3 | acel |
Accrued Liabilities State Gaming Expense Current
AccruedLiabilitiesStateGamingExpenseCurrent
|
15736000 | usd |
CY2021Q4 | acel |
Accrued Liabilities State Gaming Expense Current
AccruedLiabilitiesStateGamingExpenseCurrent
|
11441000 | usd |
CY2022Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
21596000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
14616000 | usd |
CY2022Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
10228000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
8886000 | usd |
CY2022Q3 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
12854000 | usd |
CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
13344000 | usd |
CY2022Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
92680000 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
71835000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
497976000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
324022000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
4285000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
3953000 | usd |
CY2022Q3 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
4377000 | usd |
CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
12706000 | usd |
CY2022Q3 | acel |
Contingent Earnout Share Liability
ContingentEarnoutShareLiability
|
23334000 | usd |
CY2021Q4 | acel |
Contingent Earnout Share Liability
ContingentEarnoutShareLiability
|
42831000 | usd |
CY2022Q3 | acel |
Warrants And Other Liabilities Noncurrent
WarrantsAndOtherLiabilitiesNoncurrent
|
17000 | usd |
CY2021Q4 | acel |
Warrants And Other Liabilities Noncurrent
WarrantsAndOtherLiabilitiesNoncurrent
|
17000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
34798000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
2248000 | usd |
CY2022Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
564787000 | usd |
CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
385777000 | usd |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-20221000 | usd |
CY2022Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2022Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
9000 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9000 | usd |
CY2022Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
192314000 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
187656000 | usd |
CY2022Q3 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
64612000 | usd |
CY2021Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
8983000 | usd |
CY2022Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
12696000 | usd |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
0 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
40475000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
180882000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
158461000 | usd |
CY2022Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
838349000 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
616073000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
158461000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
13934000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1605000 | usd |
CY2022Q1 | acel |
Stock Issued During Period Value Stock Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueStockOptionsAndEquityInstrumentsOtherThanOptionsExercised
|
38000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
4864000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15788000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
166822000 | usd |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
25498000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
5584000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2281000 | usd |
CY2022Q2 | acel |
Stock Issued During Period Value Stock Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueStockOptionsAndEquityInstrumentsOtherThanOptionsExercised
|
315000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
1907000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22464000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
173875000 | usd |
CY2022Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
22486000 | usd |
CY2022Q3 | acel |
Stock Issued During Period Value Stock Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueStockOptionsAndEquityInstrumentsOtherThanOptionsExercised
|
1070000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
54000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
5925000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22444000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
180882000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
127871000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1593000 | usd |
CY2021Q1 | acel |
Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
|
469000 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1501000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
131434000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
685000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2148000 | usd |
CY2021Q2 | acel |
Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
|
5204000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12445000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
151916000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
770000 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
966000 | usd |
CY2021Q3 | acel |
Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
|
-315000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10807000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
164144000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
60696000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
24753000 | usd | |
us-gaap |
Depreciation
Depreciation
|
20575000 | usd | |
us-gaap |
Depreciation
Depreciation
|
18820000 | usd | |
acel |
Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
|
12278000 | usd | |
acel |
Amortization Of Intangible Assets And Capitalized Contract Cost
AmortizationOfIntangibleAssetsAndCapitalizedContractCost
|
18489000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1652000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1514000 | usd | |
acel |
Contingent Earnout Gain Loss On Change In Fair Value
ContingentEarnoutGainLossOnChangeInFairValue
|
19497000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4956000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4707000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
706000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
96000 | usd | |
acel |
Gain Loss On Contract With Customer Asset Liability
GainLossOnContractWithCustomerAssetLiability
|
-410000 | usd | |
acel |
Gain Loss On Contract With Customer Asset Liability
GainLossOnContractWithCustomerAssetLiability
|
-326000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-1992000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
3679000 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
|
2282000 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
|
666000 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
1991000 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
1904000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10958000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
6186000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
605000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3421000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-661000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
432000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
1314000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-2618000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
3170000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
2153000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1115000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-354000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-6205000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-4677000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-284000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
1826000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
555000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
60000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
78250000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
80262000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
32978000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18767000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1735000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
806000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
137628000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
3259000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-168871000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21220000 | usd | |
us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
17500000 | usd | |
us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
9000000 | usd | |
acel |
Proceeds From Issuance Of Delayed Draw Notes
ProceedsFromIssuanceOfDelayedDrawNotes
|
100000000 | usd | |
acel |
Proceeds From Issuance Of Delayed Draw Notes
ProceedsFromIssuanceOfDelayedDrawNotes
|
0 | usd | |
acel |
Repayments Of Delayed Draw Notes
RepaymentsOfDelayedDrawNotes
|
2500000 | usd | |
acel |
Repayments Of Delayed Draw Notes
RepaymentsOfDelayedDrawNotes
|
4688000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
99000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
47000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
4000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
47000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
61917000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
633000 | usd | |
us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
0 | usd | |
acel |
Proceeds From Exerciseof Common Stock Optionsand Preferred Stock Warrants
ProceedsFromExerciseofCommonStockOptionsandPreferredStockWarrants
|
407000 | usd | |
acel |
Proceeds From Exerciseof Common Stock Optionsand Preferred Stock Warrants
ProceedsFromExerciseofCommonStockOptionsandPreferredStockWarrants
|
1455000 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
8892000 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
1377000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
67000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
103898000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13610000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
13277000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
45432000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
198786000 | usd |
us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
0 | usd | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
134451000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
212063000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
179883000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
11964000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
8818000 | usd | |
us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
7041000 | usd | |
us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
6307000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
8128000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
4202000 | usd | |
acel |
Deferred Premium On Derivatives
DeferredPremiumOnDerivatives
|
3265000 | usd | |
acel |
Deferred Premium On Derivatives
DeferredPremiumOnDerivatives
|
0 | usd | |
acel |
Fair Value Of Treasury Stock Issued In Business Combination
FairValueOfTreasuryStockIssuedInBusinessCombination
|
5584000 | usd | |
acel |
Fair Value Of Treasury Stock Issued In Business Combination
FairValueOfTreasuryStockIssuedInBusinessCombination
|
0 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
179015000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
3364000 | usd | |
us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
33270000 | usd | |
acel |
Noncash Or Part Noncash Acquisition Contingent Consideration
NoncashOrPartNoncashAcquisitionContingentConsideration
|
2533000 | usd | |
acel |
Noncash Or Part Noncash Acquisition Contingent Consideration
NoncashOrPartNoncashAcquisitionContingentConsideration
|
105000 | usd | |
acel |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Fair Value Of Treasury Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationFairValueOfTreasuryStockIssued
|
5584000 | usd | |
acel |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Fair Value Of Treasury Stock Issued
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationFairValueOfTreasuryStockIssued
|
0 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
137628000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
3259000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
Description of Business<div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Accel Entertainment, Inc. (and together with its subsidiaries, </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">“</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Company</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">” or “Accel”)</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%"> is a leading distributed gaming operator in the United States. The Company's wholly owned subsidiary, Accel Entertainment Gaming LLC, has been licensed by the State of Illinois Gaming Board (“IGB”) since March 15, 2012 to be a terminal operator in the State of Illinois. Its Illinois terminal operator license allows the Company to install and operate gaming terminals in licensed video gaming locations throughout the State of Illinois as approved by individual municipalities. The Illinois terminal operator license, which is not transferable or assignable, requires compliance with applicable regulations and the license is renewable annually unless sooner cancelled or terminated. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">In July 2020, the Georgia Lottery Corporation approved one of the Company's consolidated subsidiaries as a licensed operator, or Master Licensee, which allows the Company to install and operate coin operated amusement machines for commercial use by the public for play </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">throughout the State of Georgia</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">. The Company also holds a license from the Pennsylvania Gaming Control Board. On December 30, 2021, one of the Company's consolidated subsidiaries acquired amusement and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">automated teller machines (“ATMs”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%"> operations in Iowa and registered with the Iowa Department of Inspections and Appeals to conduct such operations in Iowa. On June 1, 2022, the Company acquired Century Gaming, Inc. (“Century”), which is a leading distributed gaming operator in the Montana and Nevada gaming markets. Century is also a manufacturer of gaming terminals in the Montana, Nevada, South Dakota, Louisiana and West Virginia markets. In connection with the acquisition, Accel was granted a two-year terminal operator license by the Nevada Gaming Commission and a manufacturer, distributor and route operator license by the Gambling Control Division of the Montana Department of Justice through June 2023. The Montana license is renewable annually. In June 2022, the Company became a licensed distributor of mechanical amusement devices (“MADs”) in Nebraska and commenced operations in this market. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company also operates redemption terminals, which also function as ATMs at its licensed video gaming locations, and amusement equipment at certain locations. </span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company is also subject to various other federal, state and local laws and regulations in addition to gaming regulations. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The Company is an emerging growth company </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(“EGC”) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">under the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”) following the consummation of a reverse recapitalization that occurred on November 20, 2019. The Company has elected to use this extended transition period for complying with new or revised accounting standards pursuant to Section 107(b) of the JOBS Act and as a result of this election, its financial statements may not be comparable to companies that comply with public company effective dates. The Company expects to remain an EGC until December 31, 2022.</span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">Impact of COVID-19 on the Condensed Consolidated Financial Statements</span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The ongoing COVID-19 outbreak and its related variants are having a significant impact on global markets as a result of prior and current government-mandated business closures, supply chain and production disruptions, workforce restrictions, travel restrictions, reduced consumer spending and sentiment, amongst other factors, which are, individually or in the aggregate, negatively affecting the financial performance, liquidity and cash flow projections of many companies in the United States and abroad.</span></div><div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">A surge of COVID-19 infections occurred in the fall of 2020, as the virus spread in every geographical region (currently 11 regions) in the State of Illinois. In response, the IGB suspended all video gaming operations across the entire state of Illinois starting at 11:01 PM on Thursday, November 19, 2020. Video gaming operations resumed in certain regions of the state beginning on January 16, 2021, and fully resumed in all regions on January 23, 2021. Even though video gaming operations resumed across all regions, certain regions still had government-imposed restrictions that, among other things, limited hours of operation and restricted the number of patrons allowed within the licensed establishments. Given the staggered reopening by region in January of 2021, the temporary shutdown impacted, on average, 18 of the 273 gaming days (or 7% of gaming days) </span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">during the nine months ended September 30, 2021. In light of these events and their effect on the Company’s employees and licensed establishment partners, the Company took action to help mitigate the potential effects caused by the temporary cessation of operations by furloughing idle staff as appropriate and deferring certain payments to major vendors.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">As a result of these developments, the Company's revenues, results of operations and cash flows were materially affected for the nine months ended September 30, 2021. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">While variants of COVID-19 continue to impact infection rates and the healthcare system, it is possible that the regulating bodies or the states in which we operate may order future shutdowns, or a complete suspension of video gaming in the state, or institute stay-at-home, closure or other similar orders or measures in the future in response to COVID-19 and its related variants. If this were to occur, the Company could recognize impairment losses which could be material.</span></div> | ||
acel |
Terminal Operator License Term
TerminalOperatorLicenseTerm
|
P2Y | ||
acel |
Covid Response Numberof Days Video Gaming Terminals Inoperable
COVIDResponseNumberofDaysVideoGamingTerminalsInoperable
|
18 | day | |
acel |
Covid Response Numberof Video Gaming Daysin Quarter
COVIDResponseNumberofVideoGamingDaysinQuarter
|
273 | day | |
acel |
Covid Response Percentof Days Inoperable During Quarter
COVIDResponsePercentofDaysInoperableDuringQuarter
|
0.07 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">Use of estimates</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The preparation of condensed consolidated financial statements requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and (iii) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates used by the Company include, among other things, the useful lives for depreciable and amortizable assets, income tax provisions, the evaluation of the future realization of deferred tax assets, projected cash flows in assessing the initial valuation of certain intangible and tangible assets in conjunction with business acquisitions, the selection of useful lives for depreciable and amortizable assets in conjunction with business combinations, the valuation of level 3 investments, the valuation of contingent earnout shares and interest rate caplets, contingencies, and the expected term of share- based compensation awards and stock price volatility when computing share-based compensation expense. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">The contingent consideration in a business combination is measured at its fair value on the acquisition date, recorded as a liability and accreted over its payment term in Accel’s condensed consolidated </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">statements of operations and comprehensive income</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%"> as other expenses, net. Location contract intangibles are generally measured at fair value using an income approach which measures the fair value based on the estimated future cash flows using certain projected financial information such as revenue and costs projections and other assumptions such as estimated attrition rates and discount rates. Acquired tangible personal property such as gaming equipment is generally measured at fair value using a cost approach which measures the fair value based on the cost to reproduce or replace the asset. Goodwill is measured as the excess of the consideration transferred over the fair value of the net identifiable assets acquired and liabilities assumed.</span> Actual results may differ from those estimates. | ||
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
266967000 | usd |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
193351000 | usd |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
691727000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
542394000 | usd | |
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
159304000 | usd |
CY2022Q3 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
4990000 | usd |
CY2022Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1883000 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
6873000 | usd |
CY2022Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2019Q4 | acel |
Marketable Security Debt Instrument Monthly Principal Payment
MarketableSecurityDebtInstrumentMonthlyPrincipalPayment
|
1000000 | usd |
CY2021Q3 | acel |
Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
|
-300000 | usd |
acel |
Oci Convertible Notes Investment Gain Loss After Adjustment And Tax
OCIConvertibleNotesInvestmentGainLossAfterAdjustmentAndTax
|
5400000 | usd | |
CY2022Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
366071000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
291740000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
139489000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
206767000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
152251000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
8100000 | usd |
us-gaap |
Depreciation
Depreciation
|
20600000 | usd | |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
6500000 | usd |
us-gaap |
Depreciation
Depreciation
|
18800000 | usd | |
CY2022Q3 | acel |
Contract With Customer Liability Gross
ContractWithCustomerLiabilityGross
|
8100000 | usd |
CY2021Q4 | acel |
Contract With Customer Liability Gross
ContractWithCustomerLiabilityGross
|
6800000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
7300000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
6000000.0 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3000000.0 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2100000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
17900000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
18000000.0 | usd |
CY2022Q3 | acel |
Capitalized Contract Cost Subject To Claw Back
CapitalizedContractCostSubjectToClawBack
|
1200000 | usd |
CY2021Q4 | acel |
Capitalized Contract Cost Subject To Claw Back
CapitalizedContractCostSubjectToClawBack
|
1500000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Gross
CapitalizedContractCostGross
|
31198000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Gross
CapitalizedContractCostGross
|
28902000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
|
13429000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
|
12989000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
17769000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
15913000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
300000 | usd |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
900000 | usd | |
CY2021Q3 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
500000 | usd |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
1400000 | usd | |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
278560000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
229287000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
89178000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
78615000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
189382000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
150672000 | usd |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
53300000 | usd | |
CY2022Q3 | us-gaap |
Goodwill
Goodwill
|
99500000 | usd |
CY2022Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
|
42600000 | usd |
CY2022Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
6826000 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
46199000 | usd |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
53291000 | usd | |
CY2022Q3 | us-gaap |
Goodwill
Goodwill
|
99490000 | usd |
CY2022Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
23600000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | usd | |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
525000000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
350000000 | usd |
CY2022Q3 | acel |
Interest Rate Caplet Liability
InterestRateCapletLiability
|
3265000 | usd |
CY2021Q4 | acel |
Interest Rate Caplet Liability
InterestRateCapletLiability
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
8478000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
521439000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
341522000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
23463000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
17500000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
497976000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
324022000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
5900000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
12700000 | usd | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
200000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
200000 | usd | |
CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
13344000 | usd |
CY2022Q3 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
268131000 | usd |
CY2021Q3 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
261002000 | usd |
us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
808125000 | usd | |
us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
758794000 | usd | |
CY2022Q3 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
22839000 | usd |
CY2021Q3 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
12875000 | usd |
us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
63470000 | usd | |
us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
36977000 | usd | |
CY2022Q3 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
12854000 | usd |
CY2022Q3 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
4377000 | usd |
CY2021Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
12706000 | usd |
CY2019Q4 | acel |
Shareholders Equity Number Of Separate Tranches For Exchanges
ShareholdersEquityNumberOfSeparateTranchesForExchanges
|
3 | tranche |
acel |
Business Combinations And Dispositions Consideration Transferred And Received Threshold
BusinessCombinationsAndDispositionsConsiderationTransferredAndReceivedThreshold
|
40000000 | usd | |
CY2019Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
7333326 | shares |
CY2019Q4 | acel |
Classof Warrantor Right Number Of Warrants Canceled And Reissued To Prior Stockholders
ClassofWarrantorRightNumberOfWarrantsCanceledAndReissuedToPriorStockholders
|
2444437 | shares |
CY2019Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2019Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | shares |
CY2019Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.50 | |
CY2019Q4 | acel |
Class Of Warrant Or Right Vesting Period After Recapitalization
ClassOfWarrantOrRightVestingPeriodAfterRecapitalization
|
P30D | |
CY2017Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
15000000 | shares |
CY2017Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2017Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | shares |
CY2017Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.50 | |
CY2017 | acel |
Class Of Warrant Or Right Vesting Period After Recapitalization
ClassOfWarrantOrRightVestingPeriodAfterRecapitalization
|
P30D | |
CY2020Q3 | acel |
Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
|
0.25 | |
CY2020Q3 | acel |
Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
|
0.25 | |
CY2020Q3 | acel |
Class Of Warrant Or Right Number Of Warrants Exercised
ClassOfWarrantOrRightNumberOfWarrantsExercised
|
7189990 | shares |
CY2020Q3 | acel |
Class Of Warrant Or Right Exercised Percent Of Warrants Outstanding
ClassOfWarrantOrRightExercisedPercentOfWarrantsOutstanding
|
0.9993 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5144 | shares |
CY2021Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
200000000 | usd |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
6380815 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
70900000 | usd | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
5679510 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
61900000 | usd | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
225881 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
50000 | shares |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4900000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16500000 | usd | |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3900000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11800000 | usd | |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.18 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | ||
CY2021Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.27 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.32 | ||
us-gaap |
Loss Contingency Number Of Defendants
LossContingencyNumberOfDefendants
|
10 | defendant | |
us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
1200000 | usd | |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
1600000 | usd | |
CY2022Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
536000 | shares |
CY2021Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
724000 | shares |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22444000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10807000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
60696000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
24753000 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
89992000 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
94004000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
91299000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93607000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
646000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
862000 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
90528000 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
94728000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
91945000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
94469000 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5178908 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5007024 | shares |