2023 Q4 Form 10-Q Financial Statement

#000138905023000052 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $259.6M $253.4M
YoY Change 18.61% 18.58%
Cost Of Revenue $112.3M $112.0M
YoY Change 3.25% 4.12%
Gross Profit $147.3M $141.4M
YoY Change 33.77% 33.22%
Gross Profit Margin 56.74% 55.81%
Selling, General & Admin $33.01M $28.56M
YoY Change 5.72% -6.37%
% of Gross Profit 22.41% 20.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.70M $42.16M
YoY Change 6.98% 5.51%
% of Gross Profit 28.98% 29.81%
Operating Expenses $74.96M $28.56M
YoY Change 2.64% -6.37%
Operating Profit $72.34M $112.8M
YoY Change 95.05% 49.19%
Interest Expense -$27.94M $28.34M
YoY Change 5.91% 12.56%
% of Operating Profit -38.62% 25.11%
Other Income/Expense, Net $235.0K
YoY Change -59.83%
Pretax Income $42.71M $42.31M
YoY Change 249.38% 115.47%
Income Tax $9.706M $11.45M
% Of Pretax Income 22.73% 27.07%
Net Earnings $33.00M $30.86M
YoY Change 225.37% 100.75%
Net Earnings / Revenue 12.71% 12.18%
Basic Earnings Per Share $0.20
Diluted Earnings Per Share $0.21 $0.20
COMMON SHARES
Basic Shares Outstanding 156.1M 156.5M
Diluted Shares Outstanding 154.4M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.338M $482.0K
YoY Change -14.56% -76.4%
Cash & Equivalents $1.338M $482.0K
Short-Term Investments
Other Short-Term Assets $5.989M $7.147M
YoY Change -27.21% 4.84%
Inventory $81.76M $87.94M
Prepaid Expenses
Receivables $124.1M $124.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $213.2M $224.9M
YoY Change -8.11% 2.09%
LONG-TERM ASSETS
Property, Plant & Equipment $2.302B $2.302B
YoY Change 4.67% 3.96%
Goodwill
YoY Change
Intangibles $30.18M $31.68M
YoY Change -18.6% -18.81%
Long-Term Investments
YoY Change
Other Assets $47.73M $41.46M
YoY Change 28.73% 11.91%
Total Long-Term Assets $2.443B $2.447B
YoY Change 3.21% 2.6%
TOTAL ASSETS
Total Short-Term Assets $213.2M $224.9M
Total Long-Term Assets $2.443B $2.447B
Total Assets $2.656B $2.672B
YoY Change 2.2% 2.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.03M $52.00M
YoY Change -5.13% -41.97%
Accrued Expenses $85.38M $101.1M
YoY Change 11.01% 4.21%
Deferred Revenue $5.736M $6.274M
YoY Change -21.77% -18.59%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $152.1M $159.4M
YoY Change 2.4% -17.99%
LONG-TERM LIABILITIES
Long-Term Debt $1.585B $1.605B
YoY Change 2.36% 7.05%
Other Long-Term Liabilities $22.86M $24.87M
YoY Change 30.1% 28.68%
Total Long-Term Liabilities $1.608B $1.629B
YoY Change 2.67% 7.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.1M $159.4M
Total Long-Term Liabilities $1.608B $1.629B
Total Liabilities $1.785B $1.811B
YoY Change 2.7% 4.33%
SHAREHOLDERS EQUITY
Retained Earnings -$2.500B -$2.509B
YoY Change -0.37% 0.47%
Common Stock $1.650M $1.649M
YoY Change 0.98% 0.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $871.0M $861.1M
YoY Change
Total Liabilities & Shareholders Equity $2.656B $2.672B
YoY Change 2.2% 2.55%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $33.00M $30.86M
YoY Change 225.37% 100.75%
Depreciation, Depletion And Amortization $42.70M $42.16M
YoY Change 6.98% 5.51%
Cash From Operating Activities $71.72M $120.1M
YoY Change 93.22% 56.32%
INVESTING ACTIVITIES
Capital Expenditures $36.66M $74.50M
YoY Change -46.75% -214.68%
Acquisitions
YoY Change
Other Investing Activities $12.32M $17.29M
YoY Change 175.95% -61.11%
Cash From Investing Activities -$24.33M -$57.21M
YoY Change -62.2% 178.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.53M -63.57M
YoY Change -273.77% 13.11%
NET CHANGE
Cash From Operating Activities 71.72M 120.1M
Cash From Investing Activities -24.33M -57.21M
Cash From Financing Activities -46.53M -63.57M
Net Change In Cash 856.0K -711.0K
YoY Change -279.83% -872.83%
FREE CASH FLOW
Cash From Operating Activities $71.72M $120.1M
Capital Expenditures $36.66M $74.50M
Free Cash Flow $35.06M $45.57M
YoY Change -210.55% -67.86%

Facts In Submission

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4422000
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.155
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
24250000
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
192000
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3191000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
30858000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
861093000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
891438000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2397000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.435
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
67726000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
462000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9035000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4182000
us-gaap Net Income Loss
NetIncomeLoss
33838000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
984000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
869816000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
860693000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6495000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3784000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.455
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
71606000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
574000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9715000
us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
861093000
us-gaap Profit Loss
ProfitLoss
71996000
us-gaap Profit Loss
ProfitLoss
33838000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
123546000
us-gaap Inventory Write Down
InventoryWriteDown
381000
us-gaap Inventory Write Down
InventoryWriteDown
1040000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2488000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2407000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4599000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3864000
aroc Amortization Of Debt Premium
AmortizationOfDebtPremium
1504000
aroc Amortization Of Debt Premium
AmortizationOfDebtPremium
1504000
aroc Amortization Of Capitalized Implementation Costs
AmortizationOfCapitalizedImplementationCosts
1841000
aroc Amortization Of Dedesignated Interest Rate Swaps
AmortizationOfDedesignatedInterestRateSwaps
410000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Share Based Compensation
ShareBasedCompensation
9715000
us-gaap Share Based Compensation
ShareBasedCompensation
9035000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-234000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
8018000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
5535000
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
28220000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26411000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13624000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
15636000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
14211000
aroc Contract With Customer Liability Revenue Recognized From Beginning Balance And Current Period
ContractWithCustomerLiabilityRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
11043000
aroc Contract With Customer Liability Revenue Recognized From Beginning Balance And Current Period
ContractWithCustomerLiabilityRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
15709000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
7315000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
29130000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1672000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8339000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1635000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-697000
aroc Increase Decrease Capitalized Contract Cost
IncreaseDecreaseCapitalizedContractCost
18854000
aroc Increase Decrease Capitalized Contract Cost
IncreaseDecreaseCapitalizedContractCost
22486000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10745000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
37251000
aroc Increase Decrease In Contract With Customer Liability Excluding Revenue Recognized From Beginning Balance And Current Period
IncreaseDecreaseInContractWithCustomerLiabilityExcludingRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
10733000
aroc Increase Decrease In Contract With Customer Liability Excluding Revenue Recognized From Beginning Balance And Current Period
IncreaseDecreaseInContractWithCustomerLiabilityExcludingRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
19614000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-62000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-96000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
238468000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166332000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
261977000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
171032000
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
99785000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
54663000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
13348000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1157000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
3353000
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
2000000
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
12000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-208157000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-66546000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
577725000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
579483000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
522075000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
611983000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5734000
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
1334000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71606000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67726000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4182000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6495000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3784000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2397000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
574000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
462000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31395000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-99313000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1084000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
473000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1566000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1569000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
482000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2042000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
72933000
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
70228000
CY2023Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
15009000
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
14394000
CY2023Q3 us-gaap Inventory Net
InventoryNet
87942000
CY2022Q4 us-gaap Inventory Net
InventoryNet
84622000
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3520445000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3454843000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1218028000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1255590000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2302417000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2199253000
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1604554000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1548334000
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.155
CY2023Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24250000
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.150
CY2023Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23504000
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.150
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23852000
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.145
CY2022Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22589000
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.145
CY2022Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22559000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.145
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22494000
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.145
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22673000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
253367000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213668000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
730744000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
626697000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
431700000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
117864000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
176902000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
90951000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
31648000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9672000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4620000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
431657000
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
124800000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
111900000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1674000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-234000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
452000
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
988000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7700000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8000000.0
aroc Increase Decrease In Contract With Customer Liability Excluding Revenue Recognized From Beginning Balance And Current Period
IncreaseDecreaseInContractWithCustomerLiabilityExcludingRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
10700000
aroc Contract With Customer Liability Revenue Recognized From Beginning Balance And Current Period
ContractWithCustomerLiabilityRevenueRecognizedFromBeginningBalanceAndCurrentPeriod
11000000.0
us-gaap Restructuring Charges
RestructuringCharges
1554000
us-gaap Payments For Restructuring
PaymentsForRestructuring
1343000
CY2023Q3 us-gaap Restructuring Reserve
RestructuringReserve
211000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
592000
us-gaap Restructuring Charges
RestructuringCharges
1554000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
592000
us-gaap Restructuring Charges
RestructuringCharges
1554000
CY2023Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
2800000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
30858000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
15371000
us-gaap Net Income Loss
NetIncomeLoss
71996000
us-gaap Net Income Loss
NetIncomeLoss
33838000
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
434000
CY2022Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
294000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1418000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1114000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30424000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
30424000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15077000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
15077000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70578000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
70578000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32724000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32724000
CY2023Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
154163000
CY2022Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
153550000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
154210000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
153168000
CY2023Q3 aroc Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock
235000
CY2022Q3 aroc Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock
131000
aroc Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock
181000
aroc Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock
125000
CY2023Q3 aroc Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
3000
CY2022Q3 aroc Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
6000
aroc Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
7000
aroc Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
4000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154401000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153687000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154398000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
153297000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
253367000
CY2023Q3 aroc Gross Margin
GrossMargin
141406000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213668000
CY2022Q3 aroc Gross Margin
GrossMargin
106141000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
730744000
aroc Gross Margin
GrossMargin
394017000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
626697000
aroc Gross Margin
GrossMargin
315966000
CY2023Q3 aroc Gross Margin
GrossMargin
141406000
CY2022Q3 aroc Gross Margin
GrossMargin
106141000
aroc Gross Margin
GrossMargin
394017000
aroc Gross Margin
GrossMargin
315966000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28558000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30500000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
83632000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
85964000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42155000
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
39953000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
123546000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
124348000
CY2023Q3 aroc Long Lived And Other Asset Impairment
LongLivedAndOtherAssetImpairment
2922000
CY2022Q3 aroc Long Lived And Other Asset Impairment
LongLivedAndOtherAssetImpairment
4154000
aroc Long Lived And Other Asset Impairment
LongLivedAndOtherAssetImpairment
8383000
aroc Long Lived And Other Asset Impairment
LongLivedAndOtherAssetImpairment
16217000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
592000
us-gaap Restructuring Charges
RestructuringCharges
1554000
CY2023Q3 us-gaap Interest Expense
InterestExpense
28339000
CY2022Q3 us-gaap Interest Expense
InterestExpense
25177000
us-gaap Interest Expense
InterestExpense
83550000
us-gaap Interest Expense
InterestExpense
74879000
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3237000
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
12695000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
8018000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
33755000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
235000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
585000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1831000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
52000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42312000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19637000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
99539000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48365000
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
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Files In Submission

Name View Source Status
0001389050-23-000052-index-headers.html Edgar Link pending
0001389050-23-000052-index.html Edgar Link pending
0001389050-23-000052.txt Edgar Link pending
aroc-20230930_cal.xml Edgar Link unprocessable
aroc-20230930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001389050-23-000052-xbrl.zip Edgar Link pending
aroc-20230930.xsd Edgar Link pending
aroc-20230930x10q.htm Edgar Link pending
aroc-20230930xex31d1.htm Edgar Link pending
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aroc-20230930xex32d1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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aroc-20230930_def.xml Edgar Link unprocessable
aroc-20230930_lab.xml Edgar Link unprocessable
aroc-20230930x10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
Show.js Edgar Link pending