2021 Q1 Form 10-K Financial Statement

#000181735821000059 Filed on April 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1 2019 Q4
Revenue $1.597B $1.370B $1.145B
YoY Change 16.56%
Cost Of Revenue $1.098B $782.8M
YoY Change
Gross Profit $499.1M $370.5M $362.4M
YoY Change 34.69%
Gross Profit Margin 31.24% 27.04% 31.65%
Selling, General & Admin $332.3M $309.2M
YoY Change
% of Gross Profit 66.58% 85.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.80M $28.60M $29.60M
YoY Change -9.79%
% of Gross Profit 5.17% 7.72% 8.17%
Operating Expenses $358.2M $309.2M
YoY Change
Operating Profit $141.0M $42.22M $53.18M
YoY Change 234.06%
Interest Expense -$16.00M -$24.60M
YoY Change
% of Operating Profit -11.34% -46.26%
Other Income/Expense, Net $800.0K $467.0K
YoY Change
Pretax Income $121.6M $29.06M
YoY Change
Income Tax $30.00M $506.0K
% Of Pretax Income 24.67% 1.74%
Net Earnings $91.52M $17.74M $28.55M
YoY Change 415.97%
Net Earnings / Revenue 5.73% 1.29% 2.49%
Basic Earnings Per Share $1.01 $0.24 $0.39
Diluted Earnings Per Share $0.97 $0.24 $0.38
COMMON SHARES
Basic Shares Outstanding 90.25M shares 72.47M shares 72.48M shares
Diluted Shares Outstanding 94.38M shares 74.97M shares 75.20M shares

Balance Sheet

Concept 2021 Q1 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $377.6M $149.4M $43.50M
YoY Change 152.74%
Cash & Equivalents $377.6M $149.4M $43.54M
Short-Term Investments
Other Short-Term Assets $30.10M $26.30M $27.90M
YoY Change 14.45%
Inventory $990.0M $1.100B $1.332B
Prepaid Expenses
Receivables $17.31M $14.00M $9.798M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.415B $1.289B $1.413B
YoY Change 9.74%
LONG-TERM ASSETS
Property, Plant & Equipment $378.3M $441.4M $454.4M
YoY Change -14.31%
Goodwill $861.9M $861.9M $861.9M
YoY Change 0.0%
Intangibles $577.0M $577.0M $577.0M
YoY Change 0.0%
Long-Term Investments
YoY Change
Other Assets $8.583M $15.85M $16.35M
YoY Change -45.83%
Total Long-Term Assets $2.969B $3.042B $3.076B
YoY Change -2.38%
TOTAL ASSETS
Total Short-Term Assets $1.415B $1.289B $1.413B
Total Long-Term Assets $2.969B $3.042B $3.076B
Total Assets $4.384B $4.331B $4.489B
YoY Change 1.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $791.4M $428.8M $529.9M
YoY Change 84.55%
Accrued Expenses $214.5M $152.3M $293.2M
YoY Change 40.84%
Deferred Revenue $76.78M $70.22M $49.60M
YoY Change 9.34%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $34.12M $18.25M
YoY Change -88.28%
Total Short-Term Liabilities $1.167B $750.6M $841.4M
YoY Change 55.48%
LONG-TERM LIABILITIES
Long-Term Debt $781.5M $1.429B $1.493B
YoY Change -45.29%
Other Long-Term Liabilities $35.13M $19.20M $19.53M
YoY Change 82.98%
Total Long-Term Liabilities $816.6M $1.448B $1.512B
YoY Change -43.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.167B $750.6M $841.4M
Total Long-Term Liabilities $816.6M $1.448B $1.512B
Total Liabilities $3.272B $3.340B $3.517B
YoY Change -2.03%
SHAREHOLDERS EQUITY
Retained Earnings $987.2M
YoY Change
Common Stock $911.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.112B $991.0M $971.9M
YoY Change
Total Liabilities & Shareholders Equity $4.384B $4.331B $4.489B
YoY Change 1.23%

Cashflow Statement

Concept 2021 Q1 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income $91.52M $17.74M $28.55M
YoY Change 415.97%
Depreciation, Depletion And Amortization $25.80M $28.60M $29.60M
YoY Change -9.79%
Cash From Operating Activities $154.4M $168.9M -$9.200M
YoY Change -8.58%
INVESTING ACTIVITIES
Capital Expenditures -$19.40M -$14.20M -$20.80M
YoY Change 36.62%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$19.30M -$14.20M -$20.80M
YoY Change 35.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -627.1M -48.90M 21.50M
YoY Change 1182.41%
NET CHANGE
Cash From Operating Activities 154.4M 168.9M -9.200M
Cash From Investing Activities -19.30M -14.20M -20.80M
Cash From Financing Activities -627.1M -48.90M 21.50M
Net Change In Cash -492.0M 105.8M -8.500M
YoY Change -565.03%
FREE CASH FLOW
Cash From Operating Activities $154.4M $168.9M -$9.200M
Capital Expenditures -$19.40M -$14.20M -$20.80M
Free Cash Flow $173.8M $183.1M $11.60M
YoY Change -5.08%

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Nature of Operations<div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">The Company</span></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:18pt;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:120%">All references to "we", "us," "our" or the "Company" in the financial statements refer to, (1) prior to October 1, 2020, New Academy Holding Company, LLC, a Delaware limited liability company ("NAHC") and the prior parent holding company for our operations, and its consolidated subsidiaries; and (2) on and after October 1, 2020, Academy Sports and Outdoors, Inc., a Delaware corporation ("ASO, Inc.") and the current parent holding company of our operations, and its consolidated subsidiaries. We conduct our operations primarily through our parent holding company's indirect subsidiary, Academy, Ltd., a Texas limited partnership doing business as "Academy Sports + Outdoors", or Academy, Ltd. Our fiscal year represents the 52 or 53 weeks ending on the Saturday closest to January 31. On August 3, 2011, an investment entity owned by investment funds and other entities affiliated with Kohlberg Kravis Roberts &amp; Co. L.P. (collectively, "KKR"), acquired a majority interest in the Company. Upon completion of our initial public offering (the "IPO"), the related over-allotment exercise (the "IPO Over-Allotment Exercise"), and the secondary offering on behalf of KKR (the "Secondary Offering") detailed below, affiliates of KKR held an 54.5% ownership interest in the Company.</span></div><div style="padding-left:18pt;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:120%">The Company is one of the leading full-line sporting goods and outdoor recreational products retailers in the United States in terms of net sales. As of January 30, 2021, we operated 259 "Academy Sports + Outdoors" retail locations in 16 states and three distribution centers located in Katy, Texas, Twiggs County, Georgia and Cookeville, Tennessee. Our distribution centers receive, store and ship merchandise to our stores and customers. We also sell merchandise to customers across most of the United States via our </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">academy.com</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> website. </span></div><div style="padding-left:18pt;text-align:justify"><span><br/></span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;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:120%">The Company’s fiscal year represents the 52 or 53 weeks ending on the Saturday closest to January 31 each year. References herein to 2020, 2019 and 2018 relate to the 52-week fiscal years ended January 30, 2021, February 1, 2020, and February 2, 2019, respectively. </span></div><div style="margin-top:15pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Initial Public Offering and Reorganization Transactions</span></div><div style="margin-top:9pt;padding-left:18pt;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:120%">On October 6, 2020, ASO, Inc. completed an initial public offering (the "IPO") in which we issued and sold 15,625,000 shares of common stock, $0.01 par value for cash consideration of $12.22 per share (representing an initial public offering price of $13.00 per share, net of underwriting discounts) to a syndicate of underwriters led by Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives, resulting in net proceeds of approximately $184.9 million after deducting underwriting discounts, which included approximately $2.7 million paid to KKR Capital Markets LLC ("KCM"), an affiliate of KKR, for underwriting services in connection with the IPO, and $6.1 million in costs directly associated with the IPO ("Offering Costs"), such as legal and accounting fees. The shares sold in the offering were registered under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to our registration statement on Form S-1 (File No. 333-248683) (the "Registration Statement"), which was declared effective by the Securities and Exchange Commission (the "SEC") on October 1, 2020. </span></div><div style="margin-top:9pt;padding-left:18pt;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:120%">In connection with our IPO, we completed a series of reorganization transactions (the "Reorganization Transactions") that resulted in:</span></div><div style="margin-top:9pt;padding-left:72pt;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:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">NAHC, the previous parent holding company for the Company, being contributed to ASO, Inc. by its members and becoming a wholly-owned subsidiary of ASO, Inc., which thereupon became our parent holding company; and</span></div><div style="margin-top:3pt;padding-left:72pt;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:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">one share of common stock of ASO, Inc. issued to then-existing members of NAHC for every 3.15 membership units of NAHC contributed to ASO, Inc.</span></div><div style="margin-top:15pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">IPO Over-Allotment Exercise </span></div><div style="margin-top:9pt;padding-left:18pt;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:120%">On November 3, 2020, ASO, Inc. issued and sold an additional 1,807,495 shares of the Company's common stock, par value $0.01 per share, for cash consideration of $12.22 per share (representing an initial public offering price of $13.00 per share, net of underwriting discounts) to the IPO underwriters, resulting in approximately $22.1 million in proceeds net of underwriting discounts, which included $0.3 million paid to KCM for underwriting services, pursuant to the partial exercise by the underwriters of their option to purchase up to 2,343,750 additional shares to cover over-allotments in connection with the IPO (the "IPO Over-Allotment Exercise"). The option has expired with respect to the remaining shares. </span></div><div style="padding-left:18pt;text-align:justify"><span><br/></span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Secondary Offering</span></div><div style="margin-top:9pt;padding-left:18pt;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:120%">On January 27, 2021, ASO, Inc. entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among ASO, Inc., Allstar LLC, Allstar Co-Invest Blocker L.P., KKR 2006 Allstar Blocker L.P., MSI 2011 LLC, MG Family Limited Partnership and the former management selling stockholder named therein (collectively, the “Selling Stockholders”), and Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the “Underwriters”), relating to an underwritten offering (the “Secondary Offering”) of 12,000,000 shares of Common Stock, pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-252390), filed on January 25, 2021 (the "Secondary Offering"). The Selling Stockholders granted the Underwriters the option to purchase, within 30 days from the date of the Underwriting Agreement, an additional 1,800,000 shares of Common Stock. On January 29, 2021, the Underwriters exercised in full their option to purchase the additional shares. The Secondary Offering was completed on February 1, 2021. Pursuant to the Underwriting Agreement, the Underwriters purchased the shares from the Selling Stockholders at a price of $20.69375 per share. The Company did not receive any proceeds from the Secondary Offering.</span></div>
CY2021Q1 us-gaap Number Of Stores
NumberOfStores
259 location
CY2021Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
16 state
CY2021Q1 aso Number Of Distribution Centers
NumberOfDistributionCenters
3 distributionCenter
CY2021 us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year represents the 52 or 53 weeks ending on the Saturday closest to January 31 each year. References herein to 2020, 2019 and 2018 relate to the 52-week fiscal years ended January 30, 2021, February 1, 2020, and February 2, 2019, respectively.
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2020Q4 us-gaap Payments Of Stock Issuance Costs
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6100000 USD
CY2020Q4 aso Conversion Of Stock Conversion Ratio
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3.15
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021 us-gaap Use Of Estimates
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The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Our management bases its estimates on historical experience and other assumptions it believes to be reasonable under the circumstances. Actual results could differ significantly from those estimates. Our most significant estimates and assumptions that materially affect the financial statements involve difficult, subjective or complex judgments by management including the valuation of merchandise inventories, and performing goodwill, intangible and long-lived asset impairment analyses. Given the global economic climate and additional unforeseen effects from the COVID-19 pandemic, these estimates are becoming more challenging, and actual results could differ materially from our estimates.
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Within the merchandise division sales table presented in Note 3, certain products and categories were recategorized amongst various categories and divisions, respectively, during 2020 to better align with our current merchandising strategy and view of the business. As a result, we have reclassified sales between divisions for 2019 and 2018 for comparability purposes. This reclassification is in presentation only and did not impact the overall net sales balances previously disclosed.
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2020Q4 aso Conversion Of Stock Conversion Ratio
ConversionOfStockConversionRatio
3.15
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Shares Authorized
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300000000 shares
CY2020Q4 aso Conversion Of Stock Conversion Ratio
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3.15
CY2019Q4 us-gaap Reclassifications Of Temporary To Permanent Equity
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-14900000 USD
CY2021 us-gaap Interest Costs Capitalized
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CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="padding-left:18pt;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:120%">Financial instruments which subject us to potential credit risk consist of cash and cash equivalents and derivative financial instruments. We have established guidelines to limit our exposure to credit risk on cash and cash equivalents by placing investments with high credit quality financial institutions. Deposits with these financial institutions may exceed the amount of insurance provided; however, these deposits typically are redeemable upon demand. We use high credit quality counterparties to transact our derivative transactions. Therefore, we believe that the financial risks associated with these financial instruments are minimal. </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;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:120%">We purchase merchandise inventories from approximately 1,200 vendors. In 2020, 2019 and 2018, purchases from our largest vendor represented approximately 12%, 14% and 13% of our total inventory purchases, respectively. No other vendor in any of the aforementioned years exceeded 10% of our purchases. We typically do not enter into long-term inventory purchase commitments and there were none as of January 30, 2021 or February 1, 2020. </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;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:120%">A significant portion of our inventory purchases are manufactured outside of the United States, primarily in Asia. While we are not dependent on any single manufacturer outside of the United States, we could be adversely affected by political, health (including pandemic), safety, security, economic, tariff, climate or other disruptions affecting the business or operations of third-party manufacturers located outside of the United States.</span></div>
CY2021Q1 aso Number Of Vendors
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1200 vendor
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14500000 USD
CY2020 us-gaap Capitalized Computer Software Period Increase Decrease
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12900000 USD
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13800000 USD
CY2020 us-gaap Goodwill Impairment Loss
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CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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1400000 USD
CY2021 us-gaap Number Of Operating Segments
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1 segment
CY2021 us-gaap Number Of Reporting Units
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1 unit
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Advertising Expense
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122800000 USD
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139100000 USD
CY2021 us-gaap Pre Opening Costs
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CY2020 us-gaap Pre Opening Costs
PreOpeningCosts
3200000 USD
CY2019 us-gaap Pre Opening Costs
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3400000 USD
CY2021 us-gaap Number Of Reportable Segments
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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5689233000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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4829897000 USD
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4783893000 USD
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CY2019Q1 us-gaap Contract With Customer Liability
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59724000 USD
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CY2020 aso Contract With Customer Liability Increase From Cash Receipts
ContractWithCustomerLiabilityIncreaseFromCashReceipts
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CY2019 aso Contract With Customer Liability Increase From Cash Receipts
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CY2021Q1 us-gaap Contract With Customer Liability
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CY2020Q1 us-gaap Contract With Customer Liability
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67993000 USD
CY2019Q1 us-gaap Contract With Customer Liability
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800000000 USD
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1468993000 USD
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3861000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount
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2591000 USD
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10650000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
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3744000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
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CY2020Q1 us-gaap Long Term Debt Noncurrent
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CY2021Q1 us-gaap Letters Of Credit Outstanding Amount
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25400000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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4000000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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4000000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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4000000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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4000000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
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1346658000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
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1311928000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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968398000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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870521000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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1400000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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4000000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2021Q1 us-gaap Debt Instrument Carrying Amount
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800000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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350000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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1000000 USD
CY2021 aso Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Debt Refinancing Tax
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330000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
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378260000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
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441407000 USD
CY2021 us-gaap Depreciation
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105500000 USD
CY2020 us-gaap Depreciation
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117300000 USD
CY2019 us-gaap Depreciation
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130400000 USD
CY2021Q1 us-gaap Interest Payable Current
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CY2020Q1 us-gaap Interest Payable Current
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7835000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
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CY2020Q1 us-gaap Employee Related Liabilities Current
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54065000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
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2547000 USD
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2451000 USD
CY2021Q1 us-gaap Sales And Excise Tax Payable Current
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14980000 USD
CY2020Q1 us-gaap Sales And Excise Tax Payable Current
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12651000 USD
CY2021Q1 us-gaap Self Insurance Reserve Current
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13471000 USD
CY2020Q1 us-gaap Self Insurance Reserve Current
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14107000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
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CY2020Q1 us-gaap Contract With Customer Liability Current
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70220000 USD
CY2021Q1 us-gaap Accrued Income Taxes Current
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23730000 USD
CY2020Q1 us-gaap Accrued Income Taxes Current
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4941000 USD
CY2021Q1 us-gaap Derivative Liabilities Current
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0 USD
CY2020Q1 us-gaap Derivative Liabilities Current
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6129000 USD
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
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16978000 USD
CY2020Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
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16919000 USD
CY2021Q1 us-gaap Contract With Customer Refund Liability Current
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5800000 USD
CY2020Q1 us-gaap Contract With Customer Refund Liability Current
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5500000 USD
CY2021Q1 us-gaap Other Sundry Liabilities Current
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16351000 USD
CY2020Q1 us-gaap Other Sundry Liabilities Current
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16563000 USD
CY2021Q1 aso Accrued Liabilities And Other Liabilities Current
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291351000 USD
CY2020Q1 aso Accrued Liabilities And Other Liabilities Current
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211381000 USD
CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
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257000000.0 USD
CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Paid Per Unit
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1.1257
CY2020Q3 aso Distribution Made To Limited Liability Company Llc Member Distributions Paid Per Converted Unit
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3.5460
CY2020Q3 aso Distribution Made To Limited Liability Company Llc Member Cash Used For Distributions
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248000000.0 USD
CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Paid Per Unit
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1.1257
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3.5460
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11200000 USD
CY2018Q2 aso Share Based Payment Arrangement Option Exercise Price Decrease Number Of Employees Affected
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184 employee
CY2018Q2 aso Share Based Payment Arrangement Option Exercise Price Decrease Number Of Options
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6909475 shares
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
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700000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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31600000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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7900000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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4600000 USD
CY2021 us-gaap Net Income Loss
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308764000 USD
CY2020 us-gaap Net Income Loss
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120043000 USD
CY2019 us-gaap Net Income Loss
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21442000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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77994000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72477000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72432000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81431000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74795000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75198000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.96
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.79
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
349000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
582000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2377000 shares
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
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137300000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4600000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
23403000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6231000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2501000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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