2022 Form 10-K Financial Statement

#000185652522000013 Filed on March 30, 2022

View on sec.gov

Income Statement

Concept 2022 2021 Q1 2021
Revenue $5.004B $831.8M $3.642B
YoY Change 37.4% 13.45% 7.47%
Cost Of Revenue $3.724B $627.6M $2.764B
YoY Change 34.73% 13.61% 6.31%
Gross Profit $1.280B $204.2M $878.0M
YoY Change 45.79% 12.94% 11.28%
Gross Profit Margin 25.58% 24.55% 24.11%
Selling, General & Admin $717.0M $137.0M $556.0M
YoY Change 28.96% 8.04% 9.23%
% of Gross Profit 56.02% 67.09% 63.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $150.0M $115.6M $153.0M
YoY Change -1.96% 252.44% 10.87%
% of Gross Profit 11.72% 56.61% 17.43%
Operating Expenses $855.0M $171.6M $693.0M
YoY Change 23.38% 7.52% 9.31%
Operating Profit $425.0M $32.60M $185.0M
YoY Change 129.73% 53.77% 19.35%
Interest Expense $98.00M -$35.30M $139.0M
YoY Change -29.5% 6.65% 23.01%
% of Operating Profit 23.06% -108.28% 75.14%
Other Income/Expense, Net
YoY Change
Pretax Income $276.0M -$2.700M $46.00M
YoY Change 500.0% -77.31% 9.52%
Income Tax $51.00M -$1.700M $9.000M
% Of Pretax Income 18.48% 19.57%
Net Earnings $166.0M -$1.000M $37.00M
YoY Change 348.65% -91.87% 2.78%
Net Earnings / Revenue 3.32% -0.12% 1.02%
Basic Earnings Per Share $0.57
Diluted Earnings Per Share $0.55 -$4.152K $184.7K
COMMON SHARES
Basic Shares Outstanding 159.2M shares
Diluted Shares Outstanding 244.5M shares

Balance Sheet

Concept 2022 2021 Q1 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.000M $380.9M
YoY Change -99.74% 110.56%
Cash & Equivalents $1.000M $381.0M $380.9M
Short-Term Investments
Other Short-Term Assets $26.00M $15.60M
YoY Change 66.67% -8.77%
Inventory $856.0M $384.0M $383.8M
Prepaid Expenses
Receivables $884.0M $495.0M $556.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.767B $1.337B $1.337B
YoY Change 32.15% 28.8%
LONG-TERM ASSETS
Property, Plant & Equipment $246.0M $86.00M $214.7M
YoY Change 14.58% 1.8%
Goodwill $1.453B
YoY Change 6.68%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $35.00M $0.00 $0.00
YoY Change -100.0%
Total Long-Term Assets $2.667B $2.587B $2.587B
YoY Change 3.11% 19.68%
TOTAL ASSETS
Total Short-Term Assets $1.767B $1.337B $1.337B
Total Long-Term Assets $2.667B $2.587B $2.587B
Total Assets $4.434B $3.924B $3.924B
YoY Change 13.01% 22.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $608.0M $326.0M $325.7M
YoY Change 86.67% 21.71%
Accrued Expenses $159.0M $148.0M
YoY Change 7.43% 20.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.00M $13.00M $13.00M
YoY Change 15.38% 0.0%
Total Short-Term Liabilities $839.0M $522.0M $522.3M
YoY Change 60.64% 21.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.456B $2.252B $2.252B
YoY Change -35.34% 11.96%
Other Long-Term Liabilities $273.0M $31.00M $116.9M
YoY Change 133.53% 2.01%
Total Long-Term Liabilities $1.729B $2.283B $2.369B
YoY Change -27.0% 11.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $839.0M $522.0M $522.3M
Total Long-Term Liabilities $1.729B $2.283B $2.369B
Total Liabilities $3.109B $3.123B $3.123B
YoY Change -0.45% 22.09%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.325B $800.7M
YoY Change
Total Liabilities & Shareholders Equity $4.434B $3.924B $3.924B
YoY Change 13.01% 22.64%

Cashflow Statement

Concept 2022 2021 Q1 2021
OPERATING ACTIVITIES
Net Income $166.0M -$1.000M $37.00M
YoY Change 348.65% -91.87% 2.78%
Depreciation, Depletion And Amortization $150.0M $115.6M $153.0M
YoY Change -1.96% 252.44% 10.87%
Cash From Operating Activities -$31.00M $221.0M $214.0M
YoY Change -114.49% 10.31%
INVESTING ACTIVITIES
Capital Expenditures -$20.00M -$9.100M -$11.90M
YoY Change 68.07% -14.39%
Acquisitions $179.0M $217.0M
YoY Change -17.51% -1.36%
Other Investing Activities -$183.0M -$9.300M -$217.0M
YoY Change -15.67% -1.23%
Cash From Investing Activities -$203.0M -$18.40M -$229.0M
YoY Change -11.35% -2.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$146.0M -248.1M $215.0M
YoY Change -167.91% 16.85%
NET CHANGE
Cash From Operating Activities -$31.00M 221.0M $214.0M
Cash From Investing Activities -$203.0M -18.40M -$229.0M
Cash From Financing Activities -$146.0M -248.1M $215.0M
Net Change In Cash -$380.0M -45.50M $200.0M
YoY Change -290.0% 38.89%
FREE CASH FLOW
Cash From Operating Activities -$31.00M $221.0M $214.0M
Capital Expenditures -$20.00M -$9.100M -$11.90M
Free Cash Flow -$11.00M $230.1M $225.9M
YoY Change -104.87% 8.66%

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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1831000000 USD
CY2022 us-gaap Profit Loss
ProfitLoss
225000000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
37000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
36000000 USD
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
150000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
153000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
138000000 USD
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2000000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4000000 USD
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
1000000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
1000000 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
3000000 USD
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
25000000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
4000000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
4000000 USD
CY2022 cnm Gain Loss On Debt Modification And Extinguishment
GainLossOnDebtModificationAndExtinguishment
-49000000 USD
CY2021 cnm Gain Loss On Debt Modification And Extinguishment
GainLossOnDebtModificationAndExtinguishment
0 USD
CY2020 cnm Gain Loss On Debt Modification And Extinguishment
GainLossOnDebtModificationAndExtinguishment
0 USD
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
17000000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2000000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2000000 USD
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
312000000 USD
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
28000000 USD
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8000000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
18000000 USD
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
440000000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
27000000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2000000 USD
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7000000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8000000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15000000 USD
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
274000000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
40000000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15000000 USD
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
24000000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15000000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
16000000 USD
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5000000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
11000000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-6000000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31000000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
214000000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
194000000 USD
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
20000000 USD
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
12000000 USD
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14000000 USD
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
179000000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
217000000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
220000000 USD
CY2022 cnm Payments For Settlement Of Derivatives
PaymentsForSettlementOfDerivatives
5000000 USD
CY2021 cnm Payments For Settlement Of Derivatives
PaymentsForSettlementOfDerivatives
0 USD
CY2020 cnm Payments For Settlement Of Derivatives
PaymentsForSettlementOfDerivatives
0 USD
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-203000000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-229000000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-234000000 USD
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
664000000 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
100000000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
8000000 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1000000 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
52000000 USD
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
15000000 USD
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
311000000 USD
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
18000000 USD
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
460000000 USD
CY2020 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
18000000 USD
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
460000000 USD
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1500000000 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
250000000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
525000000 USD
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
2319000000 USD
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
13000000 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
12000000 USD
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
18000000 USD
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
181000000 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-146000000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
215000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
184000000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-380000000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
200000000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
144000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
381000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
381000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
181000000 USD
CY2022 us-gaap Interest Paid Net
InterestPaidNet
126000000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
123000000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
99000000 USD
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
55000000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
8000000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
13000000 USD
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
300 branch_location
CY2022Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
48 state
CY2021Q3 cnm Partnership Interests Purchased From Consolidated Entity Units
PartnershipInterestsPurchasedFromConsolidatedEntityUnits
34883721 shares
CY2021Q3 cnm Partnership Interests Purchased From Consolidated Entity Amount
PartnershipInterestsPurchasedFromConsolidatedEntityAmount
656000000 USD
CY2021Q3 cnm Partnership Interests Purchased From Consolidated Entity Units
PartnershipInterestsPurchasedFromConsolidatedEntityUnits
5232558 shares
CY2022Q1 cnm Partnership Interests Held
PartnershipInterestsHeld
167522403 shares
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
300 branch_location
CY2022 us-gaap Fiscal Period
FiscalPeriod
Fiscal Year <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 is a 52- or 53-week period ending on the Sunday nearest to January 31</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">st</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Quarters within the fiscal year include 13-week periods, unless a fiscal year includes a 53</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">rd</span> week, in which case the fourth quarter of the fiscal year will be a 14-week period. The fiscal years ended January 30, 2022 (“fiscal 2021”), January 31, 2021 (“fiscal 2020”) and February 2, 2020 (“fiscal 2019”) included 52 weeks. The next fiscal year ending January 29, 2023 (“fiscal 2022”) will also include 52 weeks.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
Estimates Management has made a number of estimates and assumptions relating to the reporting of certain assets and liabilities, the disclosure of contingent assets and liabilities, and reported amounts of revenues and expenses in preparing the elements of these financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”). Actual results could differ from these estimates.
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="margin-top:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Allowance for Credit Losses</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts receivable are evaluated for collectability based on numerous factors, including past transaction history with customers, their credit worthiness, and an assessment of lien and bond rights. An allowance for credit losses is estimated as a percentage of aged receivables. This estimate is periodically adjusted when management becomes aware of a specific customer’s inability to meet its financial obligations (e.g., a bankruptcy filing) or as a result of changes in historical collection patterns.</span></div>
CY2022Q1 cnm Inventory Purchase Rebates And Purchase Discounts
InventoryPurchaseRebatesAndPurchaseDiscounts
49000000 USD
CY2021Q1 cnm Inventory Purchase Rebates And Purchase Discounts
InventoryPurchaseRebatesAndPurchaseDiscounts
18000000 USD
CY2022 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
Property and equipment assets are assessed for recovery when a triggering event occurs. A potential impairment is first evaluated by comparing the undiscounted cash flows associated with the asset, or the asset group it is part of, to its carrying value. If the carrying value is greater than the undiscounted cash flows, the amount of potential impairment is measured by comparing the fair value of the asset, or the asset group it is part of, with its carrying value. The Company assesses the remaining useful life and the recoverability of property and equipment assets whenever events or circumstances indicate that the carrying value of an asset may not be recoverable. Judgments regarding the existence of a triggering event are based on market and operational performance. Evaluating potential impairment also requires estimates of future operating results and cash flows.
CY2022Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
4000000 USD
CY2021Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
2000000 USD
CY2022Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
13000000 USD
CY2021Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
11000000 USD
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2000000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3000000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3000000 USD
CY2022 us-gaap Production And Distribution Costs
ProductionAndDistributionCosts
27000000 USD
CY2021 us-gaap Production And Distribution Costs
ProductionAndDistributionCosts
20000000 USD
CY2020 us-gaap Production And Distribution Costs
ProductionAndDistributionCosts
18000000 USD
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span>The majority of the Company’s revenues are credit sales which are made primarily to customers whose ability to pay is dependent, in part, upon the economic strength of the construction industry in the areas where they operate and availability of municipal funding. Concentration of credit risk with respect to trade accounts receivable is limited by the large number of customers comprising the Company’s customer base. The Company performs ongoing credit evaluations of its customers.
CY2022Q1 cnm Tax Receivable Agreements Payment To Limited Partners Of Realized Company Tax Benefits Percent
TaxReceivableAgreementsPaymentToLimitedPartnersOfRealizedCompanyTaxBenefitsPercent
0.85
CY2022Q1 cnm Tax Receivable Agreements Realized Tax Benefits Retained By Company Percent
TaxReceivableAgreementsRealizedTaxBenefitsRetainedByCompanyPercent
0.15
CY2022Q1 cnm Tax Receivable Agreements Payment To Limited Partners Of Realized Company Tax Benefits Percent
TaxReceivableAgreementsPaymentToLimitedPartnersOfRealizedCompanyTaxBenefitsPercent
0.85
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5004000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3642000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3389000000 USD
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
5081000000 USD
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3793000000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3655000000 USD
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
235000000 USD
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
37000000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
22000000 USD
CY2022Q1 us-gaap Goodwill Gross
GoodwillGross
1515000000 USD
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
1453000000 USD
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2022Q1 us-gaap Goodwill
Goodwill
1515000000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
1515000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1453000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1453000000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
1362000000 USD
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
62000000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
91000000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1453000000 USD
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1351000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
480000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
871000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1279000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
360000000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
919000000 USD
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
120000000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
118000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
107000000 USD
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
117000000 USD
CY2022Q1 cnm Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
1478000000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
22000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
108000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
100000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
93000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
86000000 USD
CY2021Q1 cnm Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
2298000000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
46000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1493000000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
22000000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2311000000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
46000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
15000000 USD
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
13000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
15000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
15000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
15000000 USD
CY2022 cnm Gain Loss On Debt Modification And Extinguishment Including Third Party Expenses
GainLossOnDebtModificationAndExtinguishmentIncludingThirdPartyExpenses
-51000000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
15000000 USD
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
55000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000000 USD
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
68000000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
10000000 USD
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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