$ALTG
ALTA EQUIPMENT GROUP INC.

2021 Q1 Form 10-Q Financial Statement

#000156459021027536 Filed on May 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q1
Revenue $268.8M $280.4M $180.5M
YoY Change 48.92% 76.44%
Cost Of Revenue $201.5M $216.0M $133.4M
YoY Change 51.05% 78.34%
Gross Profit $67.30M $64.40M $47.10M
YoY Change 42.89% 71.27%
Gross Profit Margin 25.04% 22.97% 26.09%
Selling, General & Admin $64.90M $62.80M $51.10M
YoY Change 27.01%
% of Gross Profit 96.43% 97.52% 108.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.40M $23.40M $13.90M
YoY Change 53.96% 52.75%
% of Gross Profit 31.8% 36.34% 29.51%
Operating Expenses $66.80M $64.90M $52.10M
YoY Change 28.21% 3956.25% 101.16%
Operating Profit $500.0K -$500.0K -$5.000M
YoY Change -110.0% -412.5%
Interest Expense $5.800M -$6.100M $5.900M
YoY Change -1.69% -1116.67% 31.11%
% of Operating Profit 1160.0%
Other Income/Expense, Net -$5.700M $200.0K -$13.10M
YoY Change -56.49% 211.9%
Pretax Income -$5.200M -$6.400M -$18.10M
YoY Change -71.27% 540.0% 596.15%
Income Tax $500.0K -$3.200M -$1.100M
% Of Pretax Income
Net Earnings -$5.700M -$3.200M -$17.00M
YoY Change -66.47% 220.0% 553.85%
Net Earnings / Revenue -2.12% -1.14% -9.42%
Basic Earnings Per Share -$0.19
Diluted Earnings Per Share -$0.19 -$108.8K -$904.3K
COMMON SHARES
Basic Shares Outstanding 30.02M
Diluted Shares Outstanding 30.02M

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $600.0K $1.200M $36.40M
YoY Change -98.35% 71.43%
Cash & Equivalents $600.0K $1.200M $36.40M
Short-Term Investments
Other Short-Term Assets $13.30M $9.800M
YoY Change 35.71%
Inventory $223.4M $229.0M $209.0M
Prepaid Expenses
Receivables $144.0M $151.4M $123.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $381.3M $381.6M $379.0M
YoY Change 0.61% 56.33%
LONG-TERM ASSETS
Property, Plant & Equipment $310.8M $311.9M $261.2M
YoY Change 18.99% 58.73%
Goodwill $25.80M $24.30M $30.30M
YoY Change -14.85% 182.56%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M $2.100M $1.500M
YoY Change 0.0% 5.0% 275.0%
Total Long-Term Assets $363.7M $364.6M $295.9M
YoY Change 22.91% 73.54% 73875.0%
TOTAL ASSETS
Total Short-Term Assets $381.3M $381.6M $379.0M
Total Long-Term Assets $363.7M $364.6M $295.9M
Total Assets $745.0M $746.2M $674.9M
YoY Change 10.39% 64.29% 168625.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.50M $58.90M $45.20M
YoY Change 22.79% 89.39% 14966.67%
Accrued Expenses $28.80M $30.10M $20.70M
YoY Change 39.13% 88.13%
Deferred Revenue
YoY Change
Short-Term Debt $323.8M $315.1M $294.2M
YoY Change 10.06% 294100.0%
Long-Term Debt Due $7.800M $8.700M $7.800M
YoY Change 0.0% 22.54%
Total Short-Term Liabilities $439.6M $434.3M $383.2M
YoY Change 14.72% 26.47% 95700.0%
LONG-TERM LIABILITIES
Long-Term Debt $133.5M $135.0M $133.5M
YoY Change 0.0% 56.07%
Other Long-Term Liabilities $9.900M $6.900M $16.40M
YoY Change -39.63% 122.58%
Total Long-Term Liabilities $143.4M $141.9M $133.5M
YoY Change 7.42% 58.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $439.6M $434.3M $383.2M
Total Long-Term Liabilities $143.4M $141.9M $133.5M
Total Liabilities $593.5M $589.3M $516.7M
YoY Change 14.86% 23.44% 129075.0%
SHAREHOLDERS EQUITY
Retained Earnings -$59.10M -$53.40M -$47.10M
YoY Change 25.48% 130.17%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.900M $5.900M $2.900M
YoY Change 103.45%
Treasury Stock Shares
Shareholders Equity $151.5M $156.9M $128.8M
YoY Change
Total Liabilities & Shareholders Equity $745.0M $746.2M $674.9M
YoY Change 10.39% 64.29% 168625.0%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q1
OPERATING ACTIVITIES
Net Income -$5.700M -$3.200M -$17.00M
YoY Change -66.47% 220.0% 553.85%
Depreciation, Depletion And Amortization $21.40M $23.40M $13.90M
YoY Change 53.96% 52.75%
Cash From Operating Activities $600.0K $6.300M -$57.10M
YoY Change -101.05% -2009.09% -1779.41%
INVESTING ACTIVITIES
Capital Expenditures $1.500M -$7.400M $1.200M
YoY Change 25.0% 140.0%
Acquisitions $1.900M $91.70M
YoY Change -97.93%
Other Investing Activities -$1.200M -$50.80M -$91.60M
YoY Change -98.69%
Cash From Investing Activities -$9.800M -$58.20M -$118.3M
YoY Change -91.72% 1614.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.900M
YoY Change
Debt Paid & Issued, Net $1.900M $800.0K
YoY Change 137.5% -60.0%
Cash From Financing Activities 8.600M 53.00M 211.8M
YoY Change -95.94% 8046.15%
NET CHANGE
Cash From Operating Activities 600.0K 6.300M -57.10M
Cash From Investing Activities -9.800M -58.20M -118.3M
Cash From Financing Activities 8.600M 53.00M 211.8M
Net Change In Cash -600.0K 1.100M 36.40M
YoY Change -101.65% -433.33% -4144.44%
FREE CASH FLOW
Cash From Operating Activities $600.0K $6.300M -$57.10M
Capital Expenditures $1.500M -$7.400M $1.200M
Free Cash Flow -$900.0K $13.70M -$58.30M
YoY Change -98.46% -2110.34%

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CY2021Q1 us-gaap Nature Of Operations
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<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="NOTE_1_ORGANIZATION_NATURE_OPERATIONS"></a><a name="NOTES_TO_UNAUDITED_CONSOLIDATED_FS"></a><a name="NOTE_1_ORGANIZATION_NATURE_OPERATIONS"></a>NOTE 1 &#8212; ORGANIZATION A<a name="NOTES_TO_UNAUDITED_CONSOLIDATED_FS"></a>ND NATURE OF OPERATIONS</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.46%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Alta Equipment Group Inc. and its subsidiaries (&#8220;Alta&#8221; or the &#8220;Company&#8221;) is engaged in the retail sale, service, and rental of material handling and construction equipment in the states of Michigan, Illinois, Indiana, New York (including New York City in our Material Handling segment), Virginia and Florida as well as the New England region (including Boston) of the United States.</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.46%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Alta Equipment Holdings, Inc. is the holding company for Alta Enterprises, LLC.&#160;Alta Enterprises, LLC is the holding company for Alta Industrial Equipment Michigan; LLC; Alta Industrial Equipment Company, LLC; Alta Industrial Equipment New York, LLC; PeakLogix, LLC; Alta Construction Equipment, LLC; Alta Construction Equipment Illinois, LLC; Alta Heavy Equipment Services, LLC; NITCO, LLC; Alta Construction Equipment Florida, LLC, and Alta Construction Equipment New York, LLC.</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.46%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unless the context otherwise requires, the use of the terms &#8220;the Company&#8221;, &#8220;we,&#8221; &#8220;us,&#8221; and &#8220;our&#8221; in these notes to the unaudited consolidated financial statements refers to Alta Equipment Group Inc. and its consolidated subsidiaries.</p>
CY2020Q1 altg Increase Decrease In Leases And Other Liabilities
IncreaseDecreaseInLeasesAndOtherLiabilities
200000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-300000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-57100000
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
700000
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
100000
CY2021Q1 altg Payments To Expenditures For Rental Equipment
PaymentsToExpendituresForRentalEquipment
6200000
CY2020Q1 altg Payments To Expenditures For Rental Equipment
PaymentsToExpendituresForRentalEquipment
25500000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1500000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1200000
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1900000
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
91700000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8900000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-118300000
CY2020Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2700000
CY2020Q1 altg Extinguishment Of Floor Plans And Line Of Credit
ExtinguishmentOfFloorPlansAndLineOfCredit
132900000
CY2020Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
82000000
CY2020Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6700000
CY2020Q1 altg Extinguishment Of Warrant Liability
ExtinguishmentOfWarrantLiability
29600000
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
73500000
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
220200000
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
79900000
CY2020Q1 altg Proceeds From Floor Plans With Unaffiliated Source
ProceedsFromFloorPlansWithUnaffiliatedSource
25800000
CY2020Q1 altg Payments Under Floor Plans With Unaffiliated Source
PaymentsUnderFloorPlansWithUnaffiliatedSource
21600000
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.46%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are based on assumptions that we believe are reasonable under the circumstances. Due to the inherent uncertainty involved with estimates, actual results may differ. Additionally, the COVID-19 outbreak has had an impact on our approach to these estimates and assumptions and any increased severity of the pandemic on our business could result in a reassessment of these estimates and assumptions which, in turn, could affect the reported amounts on our financial statements. Please see section titled Risk Factors in our 2020 Annual Report on Form 10-K for a discussion of risks associated with the COVID-19 pandemic.</p>
CY2020Q4 altg Liability Guarantee To Repurchase Equipment At Residual Amount
LiabilityGuaranteeToRepurchaseEquipmentAtResidualAmount
9000000
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4300000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4000000
CY2021Q1 altg Inventory New Equipment Gross
InventoryNewEquipmentGross
145800000
CY2020Q4 altg Inventory New Equipment Gross
InventoryNewEquipmentGross
153500000
CY2021Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021Q1 altg Lease Liability
LeaseLiability
3400000
CY2020Q4 altg Lease Liability
LeaseLiability
3800000
CY2021Q1 altg Liability Guarantee To Repurchase Equipment At Residual Amount
LiabilityGuaranteeToRepurchaseEquipmentAtResidualAmount
8500000
CY2021Q1 altg Inventory Used Equipment Gross
InventoryUsedEquipmentGross
30900000
CY2020Q4 altg Inventory Used Equipment Gross
InventoryUsedEquipmentGross
31400000
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
5400000
CY2021Q1 altg Inventory Parts Gross
InventoryPartsGross
42500000
CY2020Q4 altg Inventory Parts Gross
InventoryPartsGross
41600000
CY2021Q1 us-gaap Inventory Gross
InventoryGross
226500000
CY2021Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
7300000
CY2020Q4 us-gaap Inventory Gross
InventoryGross
231900000
CY2021Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3100000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2900000
CY2021Q1 altg Capitalized Direct Labor Expense Included In Work In Process
CapitalizedDirectLaborExpenseIncludedInWorkInProcess
2100000
CY2020Q4 altg Capitalized Direct Labor Expense Included In Work In Process
CapitalizedDirectLaborExpenseIncludedInWorkInProcess
1700000
CY2021Q1 altg Rental Depreciation Expense
RentalDepreciationExpense
2000000
CY2020Q1 altg Rental Depreciation Expense
RentalDepreciationExpense
800000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
456000000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
452300000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
145200000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
140400000
CY2021Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
4000000
CY2020Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
4000000
CY2021Q1 altg Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Amortization
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedAmortization
2700000
CY2020Q4 altg Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Amortization
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedAmortization
2500000
CY2021Q1 altg Gpo Assets
GPOAssets
12400000
CY2020Q4 altg Gpo Assets
GPOAssets
13000000
CY2021Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1500000
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
30000000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4400000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
30000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3700000
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
CY2021Q1 us-gaap Debt Instrument Description
DebtInstrumentDescription
The Company entered into a new Note Purchase Agreement (the “Term Loan”) dated as of February 3, 2020 in connection with the reverse recapitalization, for the purposes of, among other things, (i) financing the reverse recapitalization, (ii) financing the acquisitions of Flagler and Liftech; and (iii) providing for the repayment and refinance of a portion of the Company’s prior existing debt.
CY2020Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1700000
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1800000
CY2020Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4300000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4600000
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
141300000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
142800000
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
7800000
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
133500000
CY2021Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
1900000
CY2020Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2400000
CY2021Q1 altg Accrued Guarantees
AccruedGuarantees
0
CY2020Q4 altg Accrued Guarantees
AccruedGuarantees
0
CY2021Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1400000
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1400000
CY2021Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
400000
CY2020Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-800000
CY2021Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
100000
CY2020Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-300000
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
500000
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.088
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
4700000
CY2020 altg Percentage Of Future Taxable Income
PercentageOfFutureTaxableIncome
0.80
CY2021Q1 altg Deferred Employer Payroll Taxes Under Cares Act
DeferredEmployerPayrollTaxesUnderCARESAct
5600000
CY2020Q4 altg Depository Shares Liquidation Preference Value
DepositorySharesLiquidationPreferenceValue
2500
CY2020Q4 altg Depository Shares Liquidation Preference Per Share
DepositorySharesLiquidationPreferencePerShare
2.50
CY2021Q1 us-gaap Dividend Payment Restrictions Schedule Description
DividendPaymentRestrictionsScheduleDescription
Dividends are payable quarterly in arrears, on or about the last day of January, April, July and October, beginning on or about April 30, 2021; provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date may be paid on the next succeeding business day, and no interest, additional dividends or other sums will accumulate. Dividends will accumulate and be cumulative from, and including December 22, 2020, the date of original issuance.
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
8668746
CY2020Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2017Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
33333.33
CY2017Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2017Q4 altg Purchase Of Outstanding Warrants Upon Repayment Of Senior Indebtedness Percentage
PurchaseOfOutstandingWarrantsUponRepaymentOfSeniorIndebtednessPercentage
0.75
CY2017Q4 altg Warrants Expiration Date
WarrantsExpirationDate
2027-12-27
CY2020Q4 altg Warrant Liability Noncurrent
WarrantLiabilityNoncurrent
0
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2020Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3000000
CY2020Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2100000
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7600000
CY2021Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
7600000
CY2021Q1 us-gaap Interest Expense
InterestExpense
5700000
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21400000
CY2020Q1 us-gaap Interest Expense
InterestExpense
5900000
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13900000

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