2021 Q1 Form 10-Q Financial Statement
#000156459021023715 Filed on May 05, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $361.0M | $604.0M |
YoY Change | -40.23% | -23.06% |
Cost Of Revenue | $286.0M | $487.0M |
YoY Change | -41.27% | -22.33% |
Gross Profit | $75.00M | $117.0M |
YoY Change | -35.9% | -25.95% |
Gross Profit Margin | 20.78% | 19.37% |
Selling, General & Admin | $79.00M | $130.0M |
YoY Change | -39.23% | -2.99% |
% of Gross Profit | 105.33% | 111.11% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $6.000M | $10.00M |
YoY Change | -40.0% | 0.0% |
% of Gross Profit | 8.0% | 8.55% |
Operating Expenses | $79.00M | $130.0M |
YoY Change | -39.23% | -3.7% |
Operating Profit | -$8.000M | -$333.0M |
YoY Change | -97.6% | -1547.83% |
Interest Expense | -$1.000M | $0.00 |
YoY Change | -100.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$1.000M | |
YoY Change | ||
Pretax Income | -$9.000M | -$333.0M |
YoY Change | -97.3% | -1852.63% |
Income Tax | $1.000M | -$2.000M |
% Of Pretax Income | ||
Net Earnings | -$10.00M | -$331.0M |
YoY Change | -96.98% | -1938.89% |
Net Earnings / Revenue | -2.77% | -54.8% |
Basic Earnings Per Share | -$0.09 | -$3.03 |
Diluted Earnings Per Share | -$0.09 | -$3.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 110.1M | 109.3M |
Diluted Shares Outstanding | 110.1M | 109.3M |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $374.0M | $202.0M |
YoY Change | 85.15% | 132.18% |
Cash & Equivalents | $374.0M | $202.0M |
Short-Term Investments | ||
Other Short-Term Assets | $16.00M | $18.00M |
YoY Change | -11.11% | 0.0% |
Inventory | $247.0M | $434.0M |
Prepaid Expenses | ||
Receivables | $245.0M | $366.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $882.0M | $1.020B |
YoY Change | -13.53% | -18.53% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $89.00M | $112.0M |
YoY Change | -20.54% | -35.26% |
Goodwill | $7.000M | |
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $47.00M | $62.00M |
YoY Change | -24.19% | 376.92% |
Total Long-Term Assets | $144.0M | $176.0M |
YoY Change | -18.18% | -72.67% |
TOTAL ASSETS | ||
Total Short-Term Assets | $882.0M | $1.020B |
Total Long-Term Assets | $144.0M | $176.0M |
Total Assets | $1.026B | $1.196B |
YoY Change | -14.21% | -36.92% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $200.0M | $258.0M |
YoY Change | -22.48% | -23.89% |
Accrued Expenses | $92.00M | $119.0M |
YoY Change | -22.69% | 22.68% |
Deferred Revenue | $17.00M | $32.00M |
YoY Change | -46.88% | -3.03% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $298.0M | $385.0M |
YoY Change | -22.6% | -18.95% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $36.00M | $12.00M |
YoY Change | 200.0% | -71.43% |
Total Long-Term Liabilities | $36.00M | $12.00M |
YoY Change | 200.0% | -92.98% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $298.0M | $385.0M |
Total Long-Term Liabilities | $36.00M | $12.00M |
Total Liabilities | $334.0M | $428.0M |
YoY Change | -21.96% | -34.25% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.112B | |
YoY Change | ||
Common Stock | $2.047B | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $692.0M | $768.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.026B | $1.196B |
YoY Change | -14.21% | -36.92% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$10.00M | -$331.0M |
YoY Change | -96.98% | -1938.89% |
Depreciation, Depletion And Amortization | $6.000M | $10.00M |
YoY Change | -40.0% | 0.0% |
Cash From Operating Activities | -$4.000M | $6.000M |
YoY Change | -166.67% | -130.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.000M | $3.000M |
YoY Change | -66.67% | |
Acquisitions | $6.000M | |
YoY Change | ||
Other Investing Activities | $0.00 | $25.00M |
YoY Change | -100.0% | |
Cash From Investing Activities | -$7.000M | $22.00M |
YoY Change | -131.82% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -2.000M | -2.000M |
YoY Change | 0.0% | -80.0% |
NET CHANGE | ||
Cash From Operating Activities | -4.000M | 6.000M |
Cash From Investing Activities | -7.000M | 22.00M |
Cash From Financing Activities | -2.000M | -2.000M |
Net Change In Cash | -13.00M | 19.00M |
YoY Change | -168.42% | -165.52% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$4.000M | $6.000M |
Capital Expenditures | $1.000M | $3.000M |
Free Cash Flow | -$5.000M | $3.000M |
YoY Change | -266.67% | -115.0% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q2 | dnow |
Line Of Credit Facility Covenant Terms Fixed Charge Coverage Ratio
LineOfCreditFacilityCovenantTermsFixedChargeCoverageRatio
|
1.00 | |
CY2018Q2 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P5Y | |
CY2018Q2 | dnow |
Line Of Credit Facility Covenant Terms Fixed Charge Coverage Ratio
LineOfCreditFacilityCovenantTermsFixedChargeCoverageRatio
|
1.00 | |
CY2021Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
47000000 | |
CY2021Q1 | us-gaap |
Assets
Assets
|
1026000000 | |
CY2021Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
200000000 | |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
92000000 | |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
6000000 | |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
298000000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
22000000 | |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
286000000 | |
CY2020Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
487000000 | |
CY2021Q1 | dnow |
Warehousing Selling And Administrative Expense
WarehousingSellingAndAdministrativeExpense
|
79000000 | |
CY2020Q1 | dnow |
Warehousing Selling And Administrative Expense
WarehousingSellingAndAdministrativeExpense
|
130000000 | |
CY2021Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
4000000 | |
CY2020Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
320000000 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8000000 | |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-333000000 | |
CY2021Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
1000000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110000000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10000000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-331000000 | |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9000000 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-10000000 | |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-331000000 | |
CY2021Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000000 | |
CY2020Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
9000000 | |
CY2021Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
4000000 | |
CY2020Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
320000000 | |
CY2021Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
5000000 | |
CY2020Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
7000000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
45000000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12000000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-11000000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-13000000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7000000 | |
CY2021Q1 | dnow |
Increase Decrease In Accounts Payable Accrued Liabilities And Other Net
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherNet
|
-20000000 | |
CY2020Q1 | dnow |
Increase Decrease In Accounts Payable Accrued Liabilities And Other Net
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherNet
|
3000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4000000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6000000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
6000000 | |
CY2020Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
25000000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1000000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7000000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
22000000 | |
CY2021Q1 | dnow |
Payments Relating To Finance Leases And Other Net
PaymentsRelatingToFinanceLeasesAndOtherNet
|
2000000 | |
CY2020Q1 | dnow |
Payments Relating To Finance Leases And Other Net
PaymentsRelatingToFinanceLeasesAndOtherNet
|
2000000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2000000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2000000 | |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-7000000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-13000000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19000000 | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
387000000 | |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
183000000 | |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
374000000 | |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
202000000 | |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1144000000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-331000000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-39000000 | |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
768000000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
699000000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10000000 | |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2000000 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000000 | |
CY2021Q1 | us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
-1000000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1000000 | |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
692000000 | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported and contingent amounts of assets and liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | |
CY2021Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Reclassification</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation. These reclassifications have no effect on previously reported results of operations.</p> | |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
26000000 | |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
28000000 | |
CY2021Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
17000000 | |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
19000000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
253000000 | |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
155000000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
89000000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
98000000 | |
CY2021Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
4000000 | |
CY2021Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
29000000 | |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
27000000 | |
CY2021Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
17000000 | |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
19000000 | |
CY2021Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
7000000 | |
CY2020Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
10000000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
17000000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
17000000 | |
CY2021Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22000000 | |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22000000 | |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
92000000 | |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
95000000 | |
CY2018Q2 | us-gaap |
Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
|
2018-04-30 | |
CY2018Q2 | dnow |
Senior Secured Revolving Credit Facility Commitment
SeniorSecuredRevolvingCreditFacilityCommitment
|
750000000 | |
CY2018Q2 | dnow |
Sub Facility For Letters Of Credit
SubFacilityForLettersOfCredit
|
60000000 | |
CY2018Q2 | dnow |
Percentage Of Swing Line Sub Facility
PercentageOfSwingLineSubFacility
|
0.10 | |
CY2018Q2 | us-gaap |
Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
|
250000000 | |
CY2018Q2 | us-gaap |
Line Of Credit Facility Description
LineOfCreditFacilityDescription
|
The Company will be required to maintain a fixed charge coverage ratio of at least 1.00:1.00 as of the end of each fiscal quarter if excess availability under the Credit Facility falls below the greater of 12.5% of the borrowing base or $60 million. | |
CY2018Q2 | dnow |
Minimum Amount Of Credit Facility Required To Maintain Coverage Ratio Percentage
MinimumAmountOfCreditFacilityRequiredToMaintainCoverageRatioPercentage
|
0.125 | |
CY2018Q2 | dnow |
Minimum Amount Of Credit Facility Required To Maintain Coverage Ratio
MinimumAmountOfCreditFacilityRequiredToMaintainCoverageRatio
|
60000000 | |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
361000000 | |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
604000000 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8000000 | |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-333000000 | |
CY2021Q1 | dnow |
Effective Tax Rate Continuing Operations
EffectiveTaxRateContinuingOperations
|
-0.055 | |
CY2020Q1 | dnow |
Effective Tax Rate Continuing Operations
EffectiveTaxRateContinuingOperations
|
0.006 | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-10000000 | |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-331000000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110071365 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
109251892 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110071365 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
109251892 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.09 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.03 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.09 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.03 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
750296 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
5.03 | |
CY2021Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
12000000 | |
CY2021Q1 | dnow |
Estimated Net Purchase Price Consideration
EstimatedNetPurchasePriceConsideration
|
10000000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
6000000 | |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
4000000 | |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
7000000 | |
CY2021Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
|
2000000 | |
CY2021Q1 | us-gaap |
Fair Value Measurements Nonrecurring Measurement Period
FairValueMeasurementsNonrecurringMeasurementPeriod
|
one year |