2023 Q1 Form 10-K Financial Statement

#000002882323000078 Filed on March 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $858.1M $968.8M $3.461B
YoY Change 3.41% -8.57% -11.38%
Cost Of Revenue $648.8M $751.3M $2.703B
YoY Change 0.67% -5.82% -5.53%
Gross Profit $209.3M $217.5M $757.3M
YoY Change 12.95% -16.95% -27.42%
Gross Profit Margin 24.39% 22.45% 21.88%
Selling, General & Admin $183.8M $183.7M $741.6M
YoY Change 1.55% 7.74% -4.38%
% of Gross Profit 87.82% 84.46% 97.93%
Research & Development $26.40M $28.60M $120.7M
YoY Change -18.27% -7.74% -4.43%
% of Gross Profit 12.61% 13.15% 15.94%
Depreciation & Amortization $11.70M $30.90M $126.0M
YoY Change -19.31% -10.69% 171.55%
% of Gross Profit 5.59% 14.21% 16.64%
Operating Expenses $211.4M $212.3M $862.3M
YoY Change -21.32% 5.36% -4.85%
Operating Profit -$2.100M $5.200M -$105.0M
YoY Change -97.48% -91.39% -176.59%
Interest Expense $81.90M -$57.40M -$197.0M
YoY Change 70.27% 21.1% -200.87%
% of Operating Profit -1103.85%
Other Income/Expense, Net -$88.20M $4.700M $2.200M
YoY Change 80.37% -246.88% -101.17%
Pretax Income -$90.30M -$127.0M -$438.6M
YoY Change -31.75% 9669.23% 765.09%
Income Tax $21.10M $30.20M $149.2M
% Of Pretax Income
Net Earnings -$111.1M -$149.2M -$581.4M
YoY Change -39.32% 289.56% 637.82%
Net Earnings / Revenue -12.95% -15.4% -16.8%
Basic Earnings Per Share -$1.40 -$7.36
Diluted Earnings Per Share -$1.40 -$1.89 -$7.36
COMMON SHARES
Basic Shares Outstanding 79.61M shares 79.08M shares 79.00M shares
Diluted Shares Outstanding 79.30M shares 79.00M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $263.0M $343.7M $343.7M
YoY Change -1.42% -18.79% -18.79%
Cash & Equivalents $246.4M $319.1M $319.1M
Short-Term Investments $16.60M $24.60M $24.60M
Other Short-Term Assets $219.5M $226.9M $226.9M
YoY Change -6.08% 11.72% -30.12%
Inventory $639.5M $588.1M $588.1M
Prepaid Expenses $53.20M $50.50M
Receivables $627.1M $612.2M $612.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.809B $1.771B $1.771B
YoY Change 1.55% -6.17% -6.17%
LONG-TERM ASSETS
Property, Plant & Equipment $120.1M $120.7M $120.7M
YoY Change -8.67% -12.6% -59.44%
Goodwill $702.2M $702.3M
YoY Change -4.06% -5.55%
Intangibles $245.1M $257.6M
YoY Change -24.4% -25.87%
Long-Term Investments $7.400M $7.600M $7.600M
YoY Change -23.71% -30.91% -30.91%
Other Assets $251.9M $249.9M $249.9M
YoY Change -12.47% -24.23% 13.49%
Total Long-Term Assets $1.282B $1.294B $1.294B
YoY Change -16.51% -20.11% -20.11%
TOTAL ASSETS
Total Short-Term Assets $1.809B $1.771B $1.771B
Total Long-Term Assets $1.282B $1.294B $1.294B
Total Assets $3.091B $3.065B $3.065B
YoY Change -6.81% -12.61% -12.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $636.4M $611.6M $611.6M
YoY Change 2.0% -13.41% -13.41%
Accrued Expenses $121.9M $146.9M $146.9M
YoY Change -26.21% -39.05% -39.05%
Deferred Revenue $453.2M
YoY Change 40.57%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $83.70M $24.00M $24.00M
YoY Change 704.81% -49.04% -51.61%
Total Short-Term Liabilities $1.743B $1.605B $1.605B
YoY Change 4.84% -8.26% -8.26%
LONG-TERM LIABILITIES
Long-Term Debt $2.572B $2.586B $2.586B
YoY Change 9.88% 15.15% 14.94%
Other Long-Term Liabilities $107.1M $245.4M $245.4M
YoY Change -21.25% 75.91% 2.42%
Total Long-Term Liabilities $107.1M $2.831B $2.831B
YoY Change -21.25% 1929.53% 13.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.743B $1.605B $1.605B
Total Long-Term Liabilities $107.1M $2.831B $2.831B
Total Liabilities $1.850B $4.446B $4.446B
YoY Change 2.86% 135.37% 2.15%
SHAREHOLDERS EQUITY
Retained Earnings -$1.518B -$1.407B
YoY Change 50.95% 71.05%
Common Stock $952.6M $951.3M
YoY Change 1.38% 1.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $586.4M $585.6M
YoY Change 0.17% 0.6%
Treasury Stock Shares 16.68M shares
Shareholders Equity -$1.485B -$1.381B -$1.381B
YoY Change
Total Liabilities & Shareholders Equity $3.091B $3.065B $3.065B
YoY Change -6.81% -12.61% -12.61%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$111.1M -$149.2M -$581.4M
YoY Change -39.32% 289.56% 637.82%
Depreciation, Depletion And Amortization $11.70M $30.90M $126.0M
YoY Change -19.31% -10.69% 171.55%
Cash From Operating Activities -$95.90M $93.10M -$387.6M
YoY Change -57.6% -77.42% -414.36%
INVESTING ACTIVITIES
Capital Expenditures $5.700M $10.60M $24.40M
YoY Change -242.5% -216.48% -220.79%
Acquisitions
YoY Change
Other Investing Activities $4.000M -$12.40M $600.0K
YoY Change -322.22% -65.07%
Cash From Investing Activities -$1.700M -$23.00M -$23.80M
YoY Change -70.69% -48.43% -51.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $21.10M 116.3M 349.8M
YoY Change -67.84% -160.13% -9816.67%
NET CHANGE
Cash From Operating Activities -$95.90M 93.10M -387.6M
Cash From Investing Activities -$1.700M -23.00M -23.80M
Cash From Financing Activities $21.10M 116.3M 349.8M
Net Change In Cash -$74.60M 186.4M -61.60M
YoY Change -54.76% 6.88% -195.06%
FREE CASH FLOW
Cash From Operating Activities -$95.90M $93.10M -$387.6M
Capital Expenditures $5.700M $10.60M $24.40M
Free Cash Flow -$101.6M $82.50M -$412.0M
YoY Change -54.28% -80.43% -387.11%

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CY2021 us-gaap Increase Decrease In Income Taxes Receivable
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5300000 usd
CY2020 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
23100000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-66500000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
241400000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10600000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
140600000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-9100000 usd
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
20200000 usd
CY2022 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-72500000 usd
CY2021 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-19400000 usd
CY2020 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-1300000 usd
CY2022 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
9400000 usd
CY2021 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-25400000 usd
CY2020 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
18000000.0 usd
CY2022 dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
-7300000 usd
CY2021 dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
300000 usd
CY2020 dbd Increase Decrease In Warranty Reserve
IncreaseDecreaseInWarrantyReserve
-5600000 usd
CY2022 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-19500000 usd
CY2021 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-13000000.0 usd
CY2020 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-14700000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
49800000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
56500000 usd
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-27800000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-387900000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
123300000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18000000.0 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
10500000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
1100000 usd
CY2020 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
-37000000.0 usd
CY2022 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
CY2021 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
CY2020 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
15600000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
414100000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
287700000 usd
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
214600000 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
401300000 usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
288400000 usd
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
241300000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6000000.0 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1700000 usd
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
10200000 usd
CY2022 dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
24400000 usd
CY2021 dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
20200000 usd
CY2020 dbd Payments To Acquire Property Plant And Equipment Including Software
PaymentsToAcquirePropertyPlantAndEquipmentIncludingSoftware
27500000 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
28700000 usd
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
31100000 usd
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
17200000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23800000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49200000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82600000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15700000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
26400000 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 usd
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
67200000 usd
CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
121000000.0 usd
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
900000 usd
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
60100000 usd
CY2022 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
386100000 usd
CY2021 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
11200000 usd
CY2020 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1107800000 usd
CY2022 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
131000000.0 usd
CY2021 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
19400000 usd
CY2020 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1049900000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2800000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
11400000 usd
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
900000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7800000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7700000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6600000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
349800000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3600000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16900000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-8200000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5700000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3200000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70100000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64800000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-50900000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
3100000 usd
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2700000 usd
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
97200000 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
3100000 usd
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Cash
DisposalGroupIncludingDiscontinuedOperationCash
2700000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324500000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280900000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
319100000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388900000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324500000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
33100000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42300000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43800000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
231600000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
175100000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
138100000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include revenue recognition, inventories, goodwill, intangible assets, other long-lived assets, legal contingencies, guarantee obligations and assumptions used in the calculation of income taxes, pension and other post-retirement benefits and customer incentives, among others. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors. Management monitors the economic condition and other factors and will adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
The Company has reclassified the presentation of certain prior-year information to conform to the current presentation.
CY2020 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
1200000 usd
CY2022 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
14700000 usd
CY2021 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
12000000.0 usd
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
13600000 usd
CY2022Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
34500000 usd
CY2021Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
35300000 usd
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
37500000 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
7900000 usd
CY2022Q4 dbd Liabilities Heldforsale Not Partof Disposal Group
LiabilitiesHeldforsaleNotPartofDisposalGroup
6800000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
73400000 usd
CY2021Q4 dbd Liabilities Heldforsale Not Partof Disposal Group
LiabilitiesHeldforsaleNotPartofDisposalGroup
20300000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8500000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7100000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
7200000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
120700000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
126300000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
133400000 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
28700000 usd
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
31100000 usd
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
17200000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9100000 usd
CY2021Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
35300000 usd
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
37500000 usd
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
42200000 usd
CY2022 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
14000000.0 usd
CY2021 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
9800000 usd
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
10100000 usd
CY2022 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
100000 usd
CY2021 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
The Company records the lifetime expected loss on uncollectible notes and finance lease receivables (collectively, financing receivables) on a customer-by-customer basis and evaluates specific customer circumstances, aging of invoices, credit risk changes, payment patterns and historical loss experience with consideration given to current trends. After all efforts at collection have been unsuccessful, the account is deemed uncollectible and is written off.
CY2022 dbd Defined Benefit Plan Period Of Return For Fixed Income Investments From Discount Rate Assumptions
DefinedBenefitPlanPeriodOfReturnForFixedIncomeInvestmentsFromDiscountRateAssumptions
P20Y
CY2022 dbd Defined Benefit Plan Pensions Threshold For Amortization Of Unrecognized Net Gain Loss If Gain Loss Exceeds Greater Of Projected Benefit Obligation Or Market Value Of Plan Assets
DefinedBenefitPlanPensionsThresholdForAmortizationOfUnrecognizedNetGainLossIfGainLossExceedsGreaterOfProjectedBenefitObligationOrMarketValueOfPlanAssets
0.05
CY2022Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
18900000 usd
CY2022Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
25700000 usd
CY2022 dbd Incremental Shares Excluded From Dilutive Calculation Due To Resultingin Operating Loss
IncrementalSharesExcludedFromDilutiveCalculationDueToResultinginOperatingLoss
1500000 shares
CY2021 dbd Incremental Shares Excluded From Dilutive Calculation Due To Resultingin Operating Loss
IncrementalSharesExcludedFromDilutiveCalculationDueToResultinginOperatingLoss
1200000 shares
CY2020 dbd Incremental Shares Excluded From Dilutive Calculation Due To Resultingin Operating Loss
IncrementalSharesExcludedFromDilutiveCalculationDueToResultinginOperatingLoss
1200000 shares
CY2022 us-gaap Profit Loss
ProfitLoss
-585600000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-78100000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-267800000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4200000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
700000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1300000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-581400000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-78800000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-269100000 usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79000000.0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78300000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77600000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.36
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.01
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.47
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4200000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3900000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2400000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
15900000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
7100000 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13400000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13800000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14900000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3600000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3700000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11800000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
10200000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11200000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6500000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P0Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P0Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.64
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2600000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.45
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1100000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.79
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1500000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.81
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1500000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
16.91
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.05
CY2022 dbd Cash Based Liability Awards Expense
CashBasedLiabilityAwardsExpense
-4700000 usd
CY2021 dbd Cash Based Liability Awards Expense
CashBasedLiabilityAwardsExpense
7100000 usd
CY2020 dbd Cash Based Liability Awards Expense
CashBasedLiabilityAwardsExpense
21400000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-413200000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Product Warranty Accrual Warranties Issued
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CY2021 us-gaap Product Warranty Accrual Warranties Issued
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CY2021 us-gaap Product Warranty Accrual Payments
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CY2022Q4 us-gaap Product Warranty Accrual
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CY2021Q4 us-gaap Product Warranty Accrual
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CY2021 dbd Reconciliation Of Operating Profit Loss From Segments To Consolidated Amount
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CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-211700000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
137100000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
24000000.0 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-226900000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-187800000 usd
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-293500000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-438600000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-50700000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-269500000 usd
CY2022 us-gaap Revenues
Revenues
3460700000 usd
CY2021 us-gaap Revenues
Revenues
3905200000 usd
CY2020 us-gaap Revenues
Revenues
3902300000 usd
CY2022 us-gaap Revenues
Revenues
3460700000 usd
CY2021 us-gaap Revenues
Revenues
3905200000 usd
CY2020 us-gaap Revenues
Revenues
3902300000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
120700000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
138100000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
108500000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
152400000 usd
CY2022 dei Auditor Name
AuditorName
KPMG LLP
CY2022 dei Auditor Firm
AuditorFirmId
185
CY2022 dei Auditor Location
AuditorLocation
Cleveland, OH

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