$ATMU
Atmus Filtration Technologies Inc.

2023 Q3 Form 10-Q Financial Statement

#000192196323000016 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q4
Revenue $396.2M $413.6M $1.562B
YoY Change -1.25% 5.19%
Cost Of Revenue $293.3M $299.2M $1.203B
YoY Change -2.72% 0.47%
Gross Profit $102.9M $114.4M $358.9M
YoY Change 3.21% 19.92%
Gross Profit Margin 25.97% 27.66% 22.98%
Selling, General & Admin $41.30M $46.00M $139.7M
YoY Change 27.86% 41.54%
% of Gross Profit 40.14% 40.21% 38.92%
Research & Development $11.10M $12.30M $38.60M
YoY Change 13.27% 29.47%
% of Gross Profit 10.79% 10.75% 10.76%
Depreciation & Amortization $5.200M $5.500M $16.20M
YoY Change -1.89% 1.85% -1.22%
% of Gross Profit 5.05% 4.81% 4.51%
Operating Expenses $52.40M $58.30M $183.3M
YoY Change 24.47% 38.81%
Operating Profit $58.80M $64.20M $175.6M
YoY Change -9.4% 10.69%
Interest Expense $11.00M $4.200M $27.30M
YoY Change 3566.67% 4100.0%
% of Operating Profit 18.71% 6.54% 15.55%
Other Income/Expense, Net $1.100M $1.200M $8.800M
YoY Change -62.5%
Pretax Income $48.90M $61.20M $211.7M
YoY Change -24.3% 0.16%
Income Tax $11.30M $15.00M $41.60M
% Of Pretax Income 23.11% 24.51% 19.65%
Net Earnings $37.60M $46.20M $170.1M
YoY Change -25.4% -6.1%
Net Earnings / Revenue 9.49% 11.17% 10.89%
Basic Earnings Per Share $0.45 $0.55
Diluted Earnings Per Share $0.45 $0.55 $2.04
COMMON SHARES
Basic Shares Outstanding 83.30M shares 83.30M shares
Diluted Shares Outstanding 83.40M shares 83.30M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $138.8M $139.6M $0.00
YoY Change
Cash & Equivalents $138.8M $139.6M $0.00
Short-Term Investments
Other Short-Term Assets $34.20M $29.90M $19.30M
YoY Change
Inventory $243.0M $253.8M $251.8M
Prepaid Expenses
Receivables $176.8M $192.5M $174.2M
Other Receivables $61.00M $63.00M $67.00M
Total Short-Term Assets $653.8M $678.8M $512.3M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $162.1M $156.7M $148.4M
YoY Change
Goodwill $84.70M $84.70M $84.70M
YoY Change
Intangibles
YoY Change
Long-Term Investments $78.20M $75.00M $77.00M
YoY Change
Other Assets $47.30M $44.80M $57.00M
YoY Change
Total Long-Term Assets $372.3M $361.2M $367.1M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $653.8M $678.8M $512.3M
Total Long-Term Assets $372.3M $361.2M $367.1M
Total Assets $1.026B $1.040B $879.4M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $153.1M $155.4M $145.9M
YoY Change
Accrued Expenses $115.2M $104.9M $103.1M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.700M $400.0K $0.00
YoY Change
Total Short-Term Liabilities $353.6M $344.4M $349.1M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $596.3M $650.0M $0.00
YoY Change
Other Long-Term Liabilities $34.40M $34.10M $80.80M
YoY Change
Total Long-Term Liabilities $630.7M $34.10M $80.80M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $353.6M $344.4M $349.1M
Total Long-Term Liabilities $630.7M $34.10M $80.80M
Total Liabilities $991.7M $1.039B $429.9M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $52.40M $14.80M $0.00
YoY Change
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $34.40M $1.500M $449.5M
YoY Change
Total Liabilities & Shareholders Equity $1.026B $1.040B $879.4M
YoY Change

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q4
OPERATING ACTIVITIES
Net Income $37.60M $46.20M $170.1M
YoY Change -25.4% -6.1%
Depreciation, Depletion And Amortization $5.200M $5.500M $16.20M
YoY Change -1.89% 1.85% -1.22%
Cash From Operating Activities $58.30M $21.50M $174.2M
YoY Change 20.95% -41.73% 14.83%
INVESTING ACTIVITIES
Capital Expenditures $10.50M $9.900M $28.50M
YoY Change 77.97% -14.66% 4.4%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$10.50M -$9.900M -$28.50M
YoY Change 77.97% -14.66% 4.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.60M 128.0M -145.7M
YoY Change 14.89% -605.93% 17.12%
NET CHANGE
Cash From Operating Activities 58.30M 21.50M 174.2M
Cash From Investing Activities -10.50M -9.900M -28.50M
Cash From Financing Activities -48.60M 128.0M -145.7M
Net Change In Cash -800.0K 139.6M 0.000
YoY Change -42949672959999700.0% 1873679482880000000.0% -100.0%
FREE CASH FLOW
Cash From Operating Activities $58.30M $21.50M $174.2M
Capital Expenditures $10.50M $9.900M $28.50M
Free Cash Flow $47.80M $11.60M $145.7M
YoY Change 13.0% -54.15% 17.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
63000000.0 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
61800000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
253800000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
245000000.0 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
29900000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19300000 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
678800000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
500300000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
156700000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
148400000 usd
CY2023Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
75000000.0 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
77000000.0 usd
CY2023Q2 us-gaap Goodwill
Goodwill
84700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
84700000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44800000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
57000000.0 usd
CY2023Q2 us-gaap Assets
Assets
1040000000 usd
CY2022Q4 us-gaap Assets
Assets
867400000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
155400000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
145900000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
73700000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
82000000.0 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
83500000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
79000000.0 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
344400000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
331000000.0 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
650000000.0 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
0 usd
CY2023Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
10000000.0 usd
CY2022Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
9600000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
34100000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
71200000 usd
CY2023Q2 us-gaap Liabilities
Liabilities
1038500000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
411800000 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83297796 shares
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
0 usd
CY2023Q2 atmu Parent Investment Net
ParentInvestmentNet
0 usd
CY2022Q4 atmu Parent Investment Net
ParentInvestmentNet
511400000 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
44600000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14800000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-57900000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-55800000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1500000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
455600000 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1040000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
867400000 usd
us-gaap Net Income Loss
NetIncomeLoss
98900000 usd
us-gaap Net Income Loss
NetIncomeLoss
84000000.0 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10900000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10800000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3700000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
200000 usd
atmu Income Loss From Equity Method Investments Net
IncomeLossFromEquityMethodInvestmentsNet
1200000 usd
atmu Income Loss From Equity Method Investments Net
IncomeLossFromEquityMethodInvestmentsNet
2400000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1800000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9400000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
38300000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10800000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4100000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9700000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12900000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-7900000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
29300000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
14800000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-9900000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1600000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-3100000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1600000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
9000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
89000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39700000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19100000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16500000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19100000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16500000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
650000000.0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
atmu Payments Of Net Transfers To Parent
PaymentsOfNetTransfersToParent
580300000 usd
atmu Payments Of Net Transfers To Parent
PaymentsOfNetTransfersToParent
23200000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
69700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23200000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
139600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139600000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
atmu Payments For Settlements With Parent Non Cash
PaymentsForSettlementsWithParentNonCash
29400000 usd
atmu Payments For Settlements With Parent Non Cash
PaymentsForSettlementsWithParentNonCash
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2700000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
472800000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
46200000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000.0 usd
CY2023Q2 atmu Net Transfers To Parent
NetTransfersToParent
514500000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1500000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
455600000 usd
us-gaap Net Income Loss
NetIncomeLoss
98900000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2100000 usd
atmu Net Transfers To Parent
NetTransfersToParent
550900000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1500000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
463900000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
49200000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-19800000 usd
CY2022Q2 atmu Net Transfers To Parent
NetTransfersToParent
24400000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
427600000 usd
us-gaap Net Income Loss
NetIncomeLoss
84000000.0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-19500000 usd
atmu Net Transfers To Parent
NetTransfersToParent
23200000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
468900000 usd
CY2023Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
150 country
us-gaap Basis Of Accounting
BasisOfAccounting
BASIS OF PRESENTATION<div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As Atmus became a publicly traded company upon the IPO, its financial statements are now presented on a consolidated basis. In preparation for the IPO, the Company’s historical combined financial statements were prepared on a standalone basis which reflected a combination of entities under common control that had been “carved out” of and derived from the historical consolidated financial statements and accounting records of Cummins. </span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The unaudited financial statements for all periods presented, including the historical results of the Company prior to May 26, 2023, are now referred to as “Condensed Consolidated Financial Statements”, and have been prepared pursuant to the rules and regulations </span><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">of the Commission for interim financial information</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Accordingly, certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted. It is management’s opinion that these financial statements include all normal and recurring adjustments necessary for a fair statement of Atmus’s results of operations, financial position and cash flows. Results of operations for any interim period are not necessarily indicative of future or annual results. These </span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">interim statements should be read in conjunction with the audited financial statements and notes thereto included in Atmus’s final prospectus relating to the IPO, as filed with the Commission on May 26, 2023, pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended, relating to the Company’s Registration Statement on Form S-1 (the “IPO Prospectus”) and with the restated financial statements for the three months ended March 31, 2023 and the revised financial statements for the years ended December 31, 2022, 2021 and 2020 as filed with the Commission on August 8, 2023 on Form 8-K.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Periods Prior to the IPO</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to the IPO, Atmus, previously the Filtration Business of Cummins, functioned as part of the larger group of businesses controlled by Cummins and accordingly, utilized centralized functions of Cummins, such as facilities and information technology, to support its operations. A portion of the shared service costs were historically allocated to the Filtration Business. Cummins also performed certain corporate functions for the Filtration Business. The corporate expenses related to the Filtration Business were allocated from Cummins. These allocated costs primarily related to certain governance and corporate functions including finance, human resources, investor relations, legal, tax, treasury and certain other costs. Where it was possible to specifically attribute such expenses to activities of the Filtration Business, these amounts were charged or credited directly to the Filtration Business without allocation or apportionment. Allocation of other such expenses was based on a reasonable reflection of the utilization of the service provided or benefit received by the Filtration Business for the periods presented prior to the Separation, on a consistent basis, such as a relative percentage of headcount and third-party sales. The aggregate costs allocated for these functions to the Filtration Business are included within the unaudited Condensed Consolidated Statements of Net Income for the periods presented prior to the Separation.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management believes these cost allocations were a reasonable reflection of the utilization of services provided to, or the benefit derived by, the Filtration Business during the period prior to the IPO, though the allocations may not be indicative of the actual costs that would have been incurred had the Filtration Business operated as a standalone public company. Actual costs that may have been incurred if the Filtration Business had been a standalone company would depend on a number of factors, including the chosen organizational structure, whether functions were outsourced or performed by the Filtration Business employees, and strategic decisions made in areas such as manufacturing, selling and marketing, research and development, information technology and infrastructure.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Historically, Atmus’s cash was transferred to Cummins on a daily basis. This arrangement is not reflective of the manner in which Atmus would have been able to finance its operations had it been a standalone business separate from Cummins during the periods presented.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cummins’ debt and related interest expense were not allocated to Atmus for any of the periods presented since Atmus was not the legal obligor of the debt and Cummins’ borrowings were not directly attributable to Atmus.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As the separate legal entities that made up the Filtration Business were not historically held by a single legal entity, Cummins’ net investment in this business (“Net Parent Investment”) was presented in lieu of a controlling interest’s equity in the Condensed Consolidated Financial Statements.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the Filtration Business, transactions with Cummins’ affiliates were included in the Condensed Consolidated Statements of Net Income and related balances were reflected as related party receivables and related party payables. Other balances between the Filtration Business and Cummins were considered to be effectively settled in the Condensed Consolidated Financial Statements at the time the transactions were recorded.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As of the IPO Date</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In connection with the Separation, we entered into various agreements with Cummins, including a separation agreement. In the Separation Agreement, there were certain assets and liabilities identified in the schedules, including leases and unrecognized tax liabilities, which were retained by Cummins and were reflected as Net Parent Investment in the Company’s Condensed Consolidated Financial Statements, and those that were transferred to the Company, including additional pension assets, other compensation obligations and certain other assets and liabilities, which were transferred to the Company through Net Parent Investment in the Company’s Condenses Consolidated Financial Statements. These agreements comprehensively provide a </span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">framework for our relationship with Cummins and govern various interim and ongoing relationships between us and Cummins post IPO.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As part of the Separation, Net Parent Investment was reclassified as Additional Paid-in Capital.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Periods Post IPO</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Following the IPO, certain services continue to be provided by Cummins under the Transition Services Agreement. The Company incurred certain costs in its establishment as a standalone public company and expects to incur ongoing additional costs associated with operating as an independent, publicly traded company.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a standalone entity, the Company will file tax returns on its own behalf, and tax balances and effective income tax rates may differ from the amounts reported in the historical periods. Atmus currently files a consolidated Federal income tax return and returns in certain other jurisdictions with Cummins. Following a full separation, Atmus will file tax returns in those jurisdictions on its own behalf.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Post IPO, Retained earnings began to accumulate and the balance reflected on the condensed consolidated balance sheets reflects earnings for the period post May 26, 2023 through June 30, 2023.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Significant Accounting Estimates and Judgments</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of financial statements requires management to make estimates and assumptions that affect reported amounts presented and disclosed in our interim Condensed Consolidated Financial Statements. Significant estimates and assumptions in these interim Condensed Consolidated Financial Statements require the exercise of judgment. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be different from these estimates.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#231f20;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing these interim Condensed Consolidated Financial Statements, the significant judgments made by management in applying the Company’s accounting policies and the key sources of estimation and uncertainty were the same as those applied to the Combined Financial Statements in the IPO Prospectus.</span></div>
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413600000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
393200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
832200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
775700000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413600000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
393200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
832200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
775700000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
6800000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
4300000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
13600000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
11400000 usd
CY2023Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1500000 usd
CY2022Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1200000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3100000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2800000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8300000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5500000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16700000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14200000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
186200000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
195900000 usd
CY2023Q2 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
100300000 usd
CY2022Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
92400000 usd
CY2023Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
286500000 usd
CY2022Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
288300000 usd
CY2023Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
32700000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
43300000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
253800000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
245000000.0 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15500000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
23900000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4700000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
600000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2600000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3600000 usd
us-gaap Extended Product Warranty Accrual Preexisting Increase Decrease
ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease
-1300000 usd
us-gaap Extended Product Warranty Accrual Preexisting Increase Decrease
ExtendedProductWarrantyAccrualPreexistingIncreaseDecrease
-1800000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 usd
CY2023Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
6100000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
5900000 usd
CY2023Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
10000000.0 usd
CY2022Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
9600000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
16100000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15500000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
650000000.0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2023Q2 atmu Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
0 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
650000000.0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000.0 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-19800000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2100000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-19500000 usd
CY2023Q2 atmu Operating Expenses Allocated Corporate Costs
OperatingExpensesAllocatedCorporateCosts
5500000 usd
atmu Operating Expenses Allocated Corporate Costs
OperatingExpensesAllocatedCorporateCosts
13700000 usd
CY2022Q2 atmu Operating Expenses Allocated Corporate Costs
OperatingExpensesAllocatedCorporateCosts
12800000 usd
atmu Operating Expenses Allocated Corporate Costs
OperatingExpensesAllocatedCorporateCosts
26700000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4900000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
46200000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
49200000 usd
us-gaap Net Income Loss
NetIncomeLoss
98900000 usd
us-gaap Net Income Loss
NetIncomeLoss
84000000.0 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83300000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83300000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83300000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83300000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25700000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32400000 usd
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8400000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
14300000 usd
CY2023Q2 us-gaap Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
3100000 usd
CY2022Q4 us-gaap Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
3100000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
7600000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
7200000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44800000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
57000000.0 usd
CY2023Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
43700000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
47300000 usd
CY2023Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
10000000.0 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
6000000.0 usd
CY2023Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
9900000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
7500000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7300000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9000000.0 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
300000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
400000 usd
CY2023Q2 atmu Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
12300000 usd
CY2022Q4 atmu Other Accrued Liabilities Miscellaneous Current
OtherAccruedLiabilitiesMiscellaneousCurrent
8800000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
83500000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
79000000.0 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19000000.0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23200000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
7300000 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
0 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
29800000 usd
CY2023Q2 atmu Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
10200000 usd
CY2022Q4 atmu Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
10900000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
34100000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
71200000 usd
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

Name View Source Status
0001921963-23-000016-index-headers.html Edgar Link pending
0001921963-23-000016-index.html Edgar Link pending
0001921963-23-000016.txt Edgar Link pending
0001921963-23-000016-xbrl.zip Edgar Link pending
atmu-20230630.htm Edgar Link pending
atmu-20230630.xsd Edgar Link pending
atmu2023q210-qex311.htm Edgar Link pending
atmu2023q210-qex312.htm Edgar Link pending
atmu2023q210-qex321.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
atmu-20230630_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
atmu-20230630_htm.xml Edgar Link completed
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
atmu-20230630_cal.xml Edgar Link unprocessable
atmu-20230630_pre.xml Edgar Link unprocessable
atmu-20230630_def.xml Edgar Link unprocessable