2023 Q4 Form 10-Q Financial Statement

#000172308923000159 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $943.6M $939.8M
YoY Change -4.29% -8.01%
Cost Of Revenue $661.3M $647.9M
YoY Change -8.59% -21.47%
Gross Profit $282.2M $291.9M
YoY Change 7.58% 48.5%
Gross Profit Margin 29.91% 31.06%
Selling, General & Admin $147.4M $162.3M
YoY Change 2.86% 5.58%
% of Gross Profit 52.23% 55.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.74M $61.80M
YoY Change -8.4% 2.09%
% of Gross Profit 20.81% 21.17%
Operating Expenses $147.4M $162.3M
YoY Change 2.86% 5.58%
Operating Profit $134.8M $129.5M
YoY Change 13.25% 202.62%
Interest Expense -$28.46M -$13.70M
YoY Change 144.87% 19.61%
% of Operating Profit -21.11% -10.58%
Other Income/Expense, Net $7.584M -$5.998M
YoY Change -64.26% -198.04%
Pretax Income $113.9M $109.8M
YoY Change 30.54% 193.03%
Income Tax $35.77M $29.01M
% Of Pretax Income 31.4% 26.42%
Net Earnings $77.20M $77.71M
YoY Change 13.77% 236.88%
Net Earnings / Revenue 8.18% 8.27%
Basic Earnings Per Share $0.40
Diluted Earnings Per Share $0.39 $0.39
COMMON SHARES
Basic Shares Outstanding 194.8M shares 196.6M shares
Diluted Shares Outstanding 199.6M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $288.6M $285.0M
YoY Change 15.34% 52.02%
Cash & Equivalents $288.6M $285.0M
Short-Term Investments
Other Short-Term Assets $80.78M $91.80M
YoY Change -22.92% -14.24%
Inventory $521.5M $588.8M
Prepaid Expenses
Receivables $534.5M $520.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.425B $1.486B
YoY Change -4.88% 0.6%
LONG-TERM ASSETS
Property, Plant & Equipment $773.6M $839.5M
YoY Change -6.55% 3.44%
Goodwill $669.1M $666.1M
YoY Change -1.53% -5.98%
Intangibles $243.6M $256.4M
YoY Change -20.15% -21.39%
Long-Term Investments
YoY Change
Other Assets $60.56M $63.54M
YoY Change -21.01% -20.3%
Total Long-Term Assets $1.816B $1.826B
YoY Change -3.84% -5.22%
TOTAL ASSETS
Total Short-Term Assets $1.425B $1.486B
Total Long-Term Assets $1.816B $1.826B
Total Assets $3.242B $3.311B
YoY Change -4.3% -2.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $451.7M $500.0M
YoY Change -3.81% 0.13%
Accrued Expenses $297.5M $261.7M
YoY Change -17.8% -2.83%
Deferred Revenue $27.41M $25.88M
YoY Change 94.19% 89.42%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.203M $6.250M
YoY Change -0.75% 33.32%
Total Short-Term Liabilities $782.7M $793.9M
YoY Change -8.87% -0.35%
LONG-TERM LIABILITIES
Long-Term Debt $594.3M $594.9M
YoY Change -4.41% -7.62%
Other Long-Term Liabilities $90.17M $92.64M
YoY Change 19.16% -16.34%
Total Long-Term Liabilities $684.5M $687.6M
YoY Change -1.85% -8.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $782.7M $793.9M
Total Long-Term Liabilities $684.5M $687.6M
Total Liabilities $1.581B $1.605B
YoY Change -7.58% -6.03%
SHAREHOLDERS EQUITY
Retained Earnings -$455.7M -$442.8M
YoY Change -13.63% -16.47%
Common Stock $2.169B $2.207B
YoY Change -3.68% -3.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.677B $1.721B
YoY Change
Total Liabilities & Shareholders Equity $3.242B $3.311B
YoY Change -4.3% -2.69%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $77.20M $77.71M
YoY Change 13.77% 236.88%
Depreciation, Depletion And Amortization $58.74M $61.80M
YoY Change -8.4% 2.09%
Cash From Operating Activities $169.0M $163.0M
YoY Change -13.39% -12.91%
INVESTING ACTIVITIES
Capital Expenditures $31.32M $53.70M
YoY Change 11.65% -353.34%
Acquisitions
YoY Change
Other Investing Activities $2.245M $5.200M
YoY Change 40.93% 251.83%
Cash From Investing Activities -$29.18M -$48.40M
YoY Change 10.26% 145.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -136.7M -91.30M
YoY Change 24.69% -35.17%
NET CHANGE
Cash From Operating Activities 169.0M 163.0M
Cash From Investing Activities -29.18M -48.40M
Cash From Financing Activities -136.7M -91.30M
Net Change In Cash 3.127M 23.30M
YoY Change -94.7% -12.39%
FREE CASH FLOW
Cash From Operating Activities $169.0M $163.0M
Capital Expenditures $31.32M $53.70M
Free Cash Flow $137.6M $109.3M
YoY Change -17.59% -47.54%

Facts In Submission

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1712322000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
80792000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6921000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6089000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2759000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2593000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.085
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16718000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
68113000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1482000 usd
CY2023Q3 championx Noncontrolling Interest Increase Decrease From Currency Translation Adjustments
NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments
-7000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1706128000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1754307000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
38173000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2795000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4728000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1055000 usd
CY2022Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2639000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15465000 usd
CY2022Q1 championx Noncontrolling Interest Increase Decrease From Currency Translation Adjustments
NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments
208000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1777572000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
28896000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17836000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5071000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2090000 usd
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
739000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15494000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
20016000 usd
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2369000 usd
CY2022Q2 championx Noncontrolling Interest Increase Decrease From Currency Translation Adjustments
NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments
8000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1792855000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
23225000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30689000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5009000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
564000 usd
CY2022Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
198000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.075
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15315000 usd
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
80074000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
647000 usd
CY2022Q3 championx Noncontrolling Interest Increase Decrease From Currency Translation Adjustments
NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments
-10000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1694720000 usd
us-gaap Profit Loss
ProfitLoss
240562000 usd
us-gaap Profit Loss
ProfitLoss
90294000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
177226000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
177761000 usd
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-12965000 usd
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-16515000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17664000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
14808000 usd
us-gaap Inventory Write Down
InventoryWriteDown
16354000 usd
us-gaap Inventory Write Down
InventoryWriteDown
21214000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-15380000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-37505000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1480000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
4428000 usd
championx Amortizationof Deferred Loan Costs Accretion Of Discounts
AmortizationofDeferredLoanCostsAccretionOfDiscounts
3044000 usd
championx Amortizationof Deferred Loan Costs Accretion Of Discounts
AmortizationofDeferredLoanCostsAccretionOfDiscounts
2736000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
4791000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1261000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-85181000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
50075000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
50011000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
72298000 usd
championx Increase Decreasein Lease Assets
IncreaseDecreaseinLeaseAssets
38597000 usd
championx Increase Decreasein Lease Assets
IncreaseDecreaseinLeaseAssets
20947000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-17470000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-24022000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7018000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
38600000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-91453000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
12266000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
371318000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
218267000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
110965000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
74752000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12328000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
16424000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
15500000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
43625000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1028000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
159730000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
48309000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9732000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5797000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3709000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7148000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4503000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2305000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3016000 usd
championx Proceeds Expected To Be Remitted Under The Accounts Receivable Facility
ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility
14032000 usd
championx Proceeds Expected To Be Remitted Under The Accounts Receivable Facility
ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility
7111000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-236548000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-215201000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1314000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5746000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
34819000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64206000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
255178000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
285006000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
190972000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
886949000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
581939000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
305010000 usd
CY2023Q3 us-gaap Revenues
Revenues
939783000 usd
CY2022Q3 us-gaap Revenues
Revenues
1021561000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-13744000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-11454000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
109801000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37471000 usd
CY2023Q3 us-gaap Revenues
Revenues
939783000 usd
CY2022Q3 us-gaap Revenues
Revenues
1021561000 usd
us-gaap Revenues
Revenues
2814730000 usd
us-gaap Revenues
Revenues
2820093000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25875000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14113000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
878480000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
626904000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
251576000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
882149000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
581939000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
300210000 usd
CY2023Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 usd
CY2023Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
4800000 usd
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
883280000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
626904000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
256376000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
679488000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
13380000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
666108000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
620312000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
648438000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
19119000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
20486000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
601193000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
627952000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
6250000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6250000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
594943000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
621702000 usd
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
78300000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
82400000 usd
championx Accrued Environmental Loss Contingencies Number Of Locations Included
AccruedEnvironmentalLossContingenciesNumberOfLocationsIncluded
8 location
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
5900000 usd
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
5900000 usd
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
2000000 usd
CY2023Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
1 case
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
100000 usd
us-gaap Restructuring Charges
RestructuringCharges
6300000 usd
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
69800000 usd
us-gaap Restructuring Charges
RestructuringCharges
84900000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
90000 usd
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
69755000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
90000 usd
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
69755000 usd
us-gaap Restructuring Charges
RestructuringCharges
6280000 usd
us-gaap Restructuring Charges
RestructuringCharges
84859000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
28518000 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
6280000 usd
championx Restructuring Reserve Asset Sales And Write Offs
RestructuringReserveAssetSalesAndWriteOffs
705000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
17432000 usd
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-3000 usd
CY2023Q3 us-gaap Restructuring Reserve
RestructuringReserve
16658000 usd
CY2023Q1 championx Common Stock Dividends Per Share Quarterly Cash Dividend Approved
CommonStockDividendsPerShareQuarterlyCashDividendApproved
0.085
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.085
CY2023Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
17300000 usd
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
CY2022Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
750000000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1883123 shares
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
68100000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5069102 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
159700000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
77711000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
23068000 usd
us-gaap Net Income Loss
NetIncomeLoss
237040000 usd
us-gaap Net Income Loss
NetIncomeLoss
87112000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195881000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201421000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197058000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
202600000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3711000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5101000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3967000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5555000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
199592000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
206522000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
201025000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208155000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2023Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
10603000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
11911000 usd
CY2023Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
5391000 usd
CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
3631000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2939000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
4209000 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
15994000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
15542000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
2939000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
4209000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-1057000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
915000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-2892000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
6279000 usd
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
149876000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
142571000 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
18092000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
19582000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
505053000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
467628000 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
673021000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
629781000 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
30243000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
24702000 usd
CY2023Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
53978000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
62536000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
588800000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
542543000 usd
CY2023Q3 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
45400000 usd
us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
77200000 usd
us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
32100000 usd
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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0001723089-23-000159-index-headers.html Edgar Link pending
0001723089-23-000159-index.html Edgar Link pending
0001723089-23-000159.txt Edgar Link pending
0001723089-23-000159-xbrl.zip Edgar Link pending
a20230930exhibit311.htm Edgar Link pending
a20230930exhibit312.htm Edgar Link pending
a20230930exhibit321.htm Edgar Link pending
a20230930exhibit322.htm Edgar Link pending
championx-20230930.htm Edgar Link pending
championx-20230930.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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championx-20230930_pre.xml Edgar Link unprocessable
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report.css Edgar Link pending
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championx-20230930_cal.xml Edgar Link unprocessable