2021 Q4 Form 10-K Financial Statement

#000095017022001605 Filed on February 22, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $232.8M $993.3M $210.3M
YoY Change 10.7% 11.05% 10.51%
Cost Of Revenue $92.20M $413.1M $109.7M
YoY Change -15.95% -16.71% -7.19%
Gross Profit $140.6M $580.2M $100.6M
YoY Change 39.76% 45.6% 39.53%
Gross Profit Margin 60.4% 58.41% 47.84%
Selling, General & Admin $82.10M $307.7M $72.80M
YoY Change 12.77% 16.2% 55.56%
% of Gross Profit 58.39% 53.03% 72.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.40M $6.400M $11.20M
YoY Change -7.14% -20.99% -12.5%
% of Gross Profit 7.4% 1.1% 11.13%
Operating Expenses $92.50M $307.7M $84.00M
YoY Change 10.12% 16.2% 38.16%
Operating Profit $48.10M $219.3M $16.60M
YoY Change 189.76% 5991.67% 46.9%
Interest Expense -$1.100M $26.60M -$5.600M
YoY Change -80.36% 16.67% -307.41%
% of Operating Profit -2.29% 12.13% -33.73%
Other Income/Expense, Net $5.100M
YoY Change 200.0%
Pretax Income $33.00M $197.8M -$33.00M
YoY Change -200.0% -1230.29% -760.0%
Income Tax $7.400M $51.90M $2.800M
% Of Pretax Income 22.42% 26.24%
Net Earnings $25.60M $145.9M -$35.80M
YoY Change -171.51% -663.32% -611.43%
Net Earnings / Revenue 11.0% 14.69% -17.02%
Basic Earnings Per Share $4.36
Diluted Earnings Per Share $691.9K $4.14 -$1.065M
COMMON SHARES
Basic Shares Outstanding 33.14M 33.50M
Diluted Shares Outstanding 35.20M

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.50M $54.50M $73.60M
YoY Change -25.95% -25.95% 327.91%
Cash & Equivalents $54.50M $54.50M $73.60M
Short-Term Investments
Other Short-Term Assets $20.50M $20.50M $15.20M
YoY Change 34.87% 34.87% -29.3%
Inventory $5.600M $5.600M $4.900M
Prepaid Expenses $11.00M $7.200M
Receivables $199.1M $199.1M $173.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $279.7M $279.7M $267.2M
YoY Change 4.68% 4.68% 26.52%
LONG-TERM ASSETS
Property, Plant & Equipment $18.70M $61.30M $12.00M
YoY Change 55.83% -4.96% -31.43%
Goodwill $410.0M $409.9M
YoY Change 0.02% -8.97%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $28.20M $59.90M $29.00M
YoY Change -2.76% -4.92% -29.78%
Total Long-Term Assets $603.6M $603.6M $598.4M
YoY Change 0.87% 0.87% -11.44%
TOTAL ASSETS
Total Short-Term Assets $279.7M $279.7M $267.2M
Total Long-Term Assets $603.6M $603.6M $598.4M
Total Assets $883.3M $883.3M $865.6M
YoY Change 2.04% 2.04% -2.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.30M $36.30M $54.20M
YoY Change -33.03% -33.03% -7.35%
Accrued Expenses $207.2M $186.7M $164.6M
YoY Change 25.88% 25.22% 36.03%
Deferred Revenue $36.80M $23.40M
YoY Change 57.26% 40.12%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $1.600M $0.00
YoY Change
Total Short-Term Liabilities $261.4M $261.4M $238.5M
YoY Change 9.6% 9.6% 32.87%
LONG-TERM LIABILITIES
Long-Term Debt $124.0M $129.9M $230.5M
YoY Change -46.2% -43.64% -22.13%
Other Long-Term Liabilities $21.10M $115.0M $26.00M
YoY Change -18.85% -22.72% 326.23%
Total Long-Term Liabilities $145.1M $244.9M $256.5M
YoY Change -43.43% -35.43% -15.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $261.4M $261.4M $238.5M
Total Long-Term Liabilities $145.1M $244.9M $256.5M
Total Liabilities $506.3M $506.3M $617.8M
YoY Change -18.05% -18.05% -0.08%
SHAREHOLDERS EQUITY
Retained Earnings $251.4M $105.5M
YoY Change 138.29% -20.02%
Common Stock $261.0M $239.1M
YoY Change 9.16% 6.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $377.0M $377.0M $247.8M
YoY Change
Total Liabilities & Shareholders Equity $883.3M $883.3M $865.6M
YoY Change 2.04% 2.04% -2.4%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $25.60M $145.9M -$35.80M
YoY Change -171.51% -663.32% -611.43%
Depreciation, Depletion And Amortization $10.40M $6.400M $11.20M
YoY Change -7.14% -20.99% -12.5%
Cash From Operating Activities $76.80M $180.0M $101.7M
YoY Change -24.48% 16.73% 73.25%
INVESTING ACTIVITIES
Capital Expenditures -$14.10M $42.30M -$6.600M
YoY Change 113.64% 36.01% -31.96%
Acquisitions $3.600M
YoY Change
Other Investing Activities -$3.600M $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$17.70M -$45.00M -$6.600M
YoY Change 168.18% 127.27% 135.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $40.90M
YoY Change 246.61%
Debt Paid & Issued, Net $312.8M
YoY Change 390.28%
Cash From Financing Activities -127.4M -154.9M -63.00M
YoY Change 102.22% 99.87% -13.7%
NET CHANGE
Cash From Operating Activities 76.80M 180.0M 101.7M
Cash From Investing Activities -17.70M -45.00M -6.600M
Cash From Financing Activities -127.4M -154.9M -63.00M
Net Change In Cash -68.30M -19.10M 32.10M
YoY Change -312.77% -133.87% -287.72%
FREE CASH FLOW
Cash From Operating Activities $76.80M $180.0M $101.7M
Capital Expenditures -$14.10M $42.30M -$6.600M
Free Cash Flow $90.90M $137.7M $108.3M
YoY Change -16.07% 11.86% 58.33%

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CY2019 us-gaap Other Operating Activities Cash Flow Statement
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CY2021 us-gaap Increase Decrease In Income Taxes
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CY2020 us-gaap Increase Decrease In Income Taxes
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CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2021 dfin Increase Decrease In Lease Liabilities
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CY2019 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Proceeds From Sale Of Longterm Investments
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CY2019 us-gaap Proceeds From Sale Of Longterm Investments
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CY2021 dfin Payments For Disposition Of Business
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CY2020 dfin Payments For Disposition Of Business
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Income Taxes Paid Net
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CY2019 dfin Cash Flow Noncash Investing Activities Other
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CY2021 us-gaap Debt Conversion Converted Instrument Amount1
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0
CY2020 us-gaap Debt Conversion Converted Instrument Amount1
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CY2019 us-gaap Debt Conversion Converted Instrument Amount1
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0
CY2018Q4 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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19500000
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Number Of Operating Segments
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4
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<span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> —The preparation of consolidated financial statements in conformity with GAAP requires the extensive use of management’s estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes thereto. Actual results could differ from these estimates. Estimates are used when accounting for items and matters including, but not limited to, allowance for expected losses on accounts receivable, pension, goodwill and other intangible assets, asset valuations and useful lives, income taxes and other provisions and contingencies. </span>
CY2021 us-gaap Segment Reporting Disclosure Of Major Customers
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No single customer comprised more than 10% of net sales for the years ended December 31, 2021, 2020 or 2019.
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2020 us-gaap Provision For Loan Lease And Other Losses
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CY2019 us-gaap Provision For Loan Lease And Other Losses
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CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2021Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
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CY2020Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
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CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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CY2021Q4 us-gaap Inventory Net
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CY2020Q4 us-gaap Inventory Net
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q4 us-gaap Property Plant And Equipment Net
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CY2021 us-gaap Depreciation
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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CY2021 us-gaap Sale Leaseback Transaction Description Of Asset S
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On September 27, 2019, the Company entered into a sale-leaseback agreement in which it sold a building and land at fair market value for proceeds of $30.6 million, and entered into an operating lease of the property through September 2029 with the option to terminate after three years.
CY2019Q3 us-gaap Proceeds From Sale Of Buildings
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30600000
CY2021 us-gaap Lessee Operating Lease Option To Terminate
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option to terminate after three years
CY2019 us-gaap Gain Loss On Sale Of Properties
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19200000
CY2021Q4 us-gaap Real Estate Heldforsale
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2600000
CY2020Q4 us-gaap Real Estate Heldforsale
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5500000
CY2021 dfin Land Sales Price Including Demo Reimbursement
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12900000
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
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400000
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CY2019 us-gaap Equity Securities Fv Ni Gain Loss
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CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
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CY2019 us-gaap Equity Securities Fv Ni Realized Gain Loss
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CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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400000
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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0
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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6800000
CY2021Q4 us-gaap Equity Securities Fv Ni
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5100000
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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400000
CY2019 dfin Available For Sale Securities Sold Percentage
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0.50
CY2019 dfin Proceed From Sale Of Available For Sale Securities Equity
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12800000
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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6800000
CY2020Q2 dfin Available For Sale Securities Sold Percentage
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CY2020Q2 dfin Proceed From Sale Of Available For Sale Securities Equity
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12800000
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
40600000
CY2021Q4 us-gaap Accrued Sales Commission Current
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66500000
CY2020Q4 us-gaap Accrued Sales Commission Current
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39000000.0
CY2021Q4 dfin Accrued Incentive Compensation
AccruedIncentiveCompensation
61200000
CY2020Q4 dfin Accrued Incentive Compensation
AccruedIncentiveCompensation
39700000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
36800000
CY2020Q4 us-gaap Contract With Customer Liability Current
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23400000
CY2021Q4 us-gaap Employee Related Liabilities Current
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23800000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19700000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18900000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
42800000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
207200000
CY2020Q4 us-gaap Accrued Liabilities Current
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164600000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
993300000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
894500000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021Q4 us-gaap Contract With Customer Asset Net
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24900000
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18500000
CY2021Q4 us-gaap Unbilled Receivables Current
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46700000
CY2020Q4 us-gaap Unbilled Receivables Current
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39100000
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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29500000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
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93000000
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Percentage
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0.43
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2021 dfin Revenue Recognized From Deferred Revenue At Beginning Of Period
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20400000
CY2020Q4 us-gaap Contract With Customer Liability
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CY2021 dfin Contract With Customer Liability Deferral Of Revenue
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
36000000.0
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13100000
CY2020 dfin Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
56000000.0
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
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-47400000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
21700000
CY2020Q4 us-gaap Goodwill
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CY2021 us-gaap Number Of Operating Segments
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4
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
40600000
CY2020Q1 us-gaap Goodwill Gross
GoodwillGross
449700000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
40600000
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
800000
CY2021 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
100000
CY2021Q4 us-gaap Goodwill
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410000000.0
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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11400000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2700000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8700000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11700000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1900000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9800000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12400000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14300000
CY2021 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P12Y
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
900000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
900000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
700000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
700000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
700000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4800000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8700000
CY2021Q4 dfin Operating Lease Minimum Non Cancelable Sublease
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17300000
CY2020Q4 dfin Operating Lease Minimum Non Cancelable Sublease
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20600000
CY2021 us-gaap Operating Lease Cost
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19200000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
26600000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
26200000
CY2021 us-gaap Sublease Income
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4300000
CY2020 us-gaap Sublease Income
SubleaseIncome
4500000
CY2019 us-gaap Sublease Income
SubleaseIncome
5100000
CY2021 us-gaap Lease Cost
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14900000
CY2020 us-gaap Lease Cost
LeaseCost
22100000
CY2019 us-gaap Lease Cost
LeaseCost
21100000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
800000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0
CY2021 dfin Finance Lease Cost
FinanceLeaseCost
900000
CY2020 dfin Finance Lease Cost
FinanceLeaseCost
0
CY2019 dfin Finance Lease Cost
FinanceLeaseCost
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7500000
CY2021Q4 us-gaap Finance Lease Liability Current
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1600000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5900000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
7500000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
23200000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
25500000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
27900000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
800000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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4200000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6000000.0
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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9900000
CY2021 dfin Increase Decrease In Operating Lease Liabilities Due To Lease Modifications And Remeasurements
IncreaseDecreaseInOperatingLeaseLiabilitiesDueToLeaseModificationsAndRemeasurements
3200000
CY2020 dfin Increase Decrease In Operating Lease Liabilities Due To Lease Modifications And Remeasurements
IncreaseDecreaseInOperatingLeaseLiabilitiesDueToLeaseModificationsAndRemeasurements
6000000.0
CY2019 dfin Increase Decrease In Operating Lease Liabilities Due To Lease Modifications And Remeasurements
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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8300000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P4Y4M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.023
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19400000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1800000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15300000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1800000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12400000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1800000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8500000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1700000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3500000
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
900000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2400000
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
61500000
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
8000000.0
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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4200000
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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500000
CY2021Q4 us-gaap Operating Lease Liability
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57300000
CY2021Q4 us-gaap Finance Lease Liability
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7500000
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
500000
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
18200000
CY2020 dfin Operating Leases Rent Expense Accelerated Rent Expense Associated With Abandoned Rental Properties
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2200000
CY2021 us-gaap Severance Costs1
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3400000
CY2021 us-gaap Other Restructuring Costs
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800000
CY2021 dfin Total Impairment Charges
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CY2021 us-gaap Other Nonrecurring Income Expense
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CY2021 us-gaap Restructuring Settlement And Impairment Provisions
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13600000
CY2021 us-gaap Severance Costs1
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3400000
CY2021 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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175
CY2021 dfin Total Impairment Charges
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9200000
CY2020 us-gaap Severance Costs1
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15600000
CY2020 dfin Total Impairment Charges
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60600000
CY2020 us-gaap Other Nonrecurring Income Expense
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3000000.0
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
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79200000
CY2020 us-gaap Severance Costs1
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15600000
CY2020 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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470
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
40600000
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
18200000
CY2020 us-gaap Other Nonrecurring Income Expense
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3000000.0
CY2019 us-gaap Severance Costs1
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9100000
CY2019 dfin Total Impairment Charges
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3400000
CY2019 us-gaap Other Nonrecurring Income Expense
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1100000
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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13600000
CY2019 us-gaap Severance Costs1
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9100000
CY2019 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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270
CY2019 dfin Total Impairment Charges
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3400000
CY2019 us-gaap Other Nonrecurring Income Expense
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1100000
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-4200000
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-2000000.0
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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1800000
CY2021 us-gaap Defined Benefit Plan Interest Cost
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6200000
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
8800000
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
10900000
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
-14200000
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
13900000
CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
14800000
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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3800000
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-3100000
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2021 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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0
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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-3900000
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-4200000
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-2000000.0
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1800000
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.026
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.032
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.033
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.060
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.060
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.063
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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315600000
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
327400000
CY2020 dfin Actuarial Gains Losses Threshold For Recognition In Net Periodic Benefit Costs Percentage Of Projected Benefit Obligation Or Fair Value Of Plan Assets
ActuarialGainsLossesThresholdForRecognitionInNetPeriodicBenefitCostsPercentageOfProjectedBenefitObligationOrFairValueOfPlanAssets
0.100
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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17300000
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5300000
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
CY2021Q4 us-gaap Other Commitment
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73000000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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173600000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-28300000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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54100000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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24200000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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10800000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-2000000.0
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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197800000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-17500000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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52100000
CY2021 us-gaap Current Federal Tax Expense Benefit
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33500000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21100000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7700000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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1200000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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14700000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10000000.0
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2300000
CY2021 us-gaap Current Foreign Tax Expense Benefit
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4000000.0
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3700000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2000000.0
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
52200000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
34800000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12000000.0
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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2300000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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400000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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400000
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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900000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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2500000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51900000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8400000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14500000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.059
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.087
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2200000
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1300000
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
993300000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
219300000
CY2021Q4 us-gaap Assets
Assets
883300000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
40300000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42300000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
894500000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
3600000
CY2020Q4 us-gaap Assets
Assets
865600000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
50900000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31100000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
874700000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
78500000
CY2019Q4 us-gaap Assets
Assets
886900000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
49600000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44800000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
993300000
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
153200000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
894500000
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
144700000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
874700000
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
194500000

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