2024 Q3 Form 10-Q Financial Statement
#000093114824000101 Filed on July 26, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $130.7M | $137.3M |
YoY Change | -17.82% | -25.99% |
Cost Of Revenue | $142.7M | $133.4M |
YoY Change | -9.44% | -15.18% |
Gross Profit | -$12.07M | $3.976M |
YoY Change | -969.26% | -85.97% |
Gross Profit Margin | -9.24% | 2.9% |
Selling, General & Admin | $13.06M | $5.098M |
YoY Change | -28.36% | -72.52% |
% of Gross Profit | 128.22% | |
Research & Development | $1.245M | $1.447M |
YoY Change | -3.86% | 20.99% |
% of Gross Profit | 36.39% | |
Depreciation & Amortization | $17.93M | $14.32M |
YoY Change | 5.49% | -6.55% |
% of Gross Profit | 360.14% | |
Operating Expenses | $14.31M | $6.545M |
YoY Change | -26.74% | -66.86% |
Operating Profit | -$26.28M | -$2.679M |
YoY Change | 44.9% | -131.16% |
Interest Expense | $16.50M | $15.61M |
YoY Change | 4.99% | 12.24% |
% of Operating Profit | ||
Other Income/Expense, Net | $285.0K | $1.091M |
YoY Change | -286.27% | -339.78% |
Pretax Income | -$41.40M | -$15.34M |
YoY Change | 25.97% | 177.87% |
Income Tax | -$5.332M | -$592.0K |
% Of Pretax Income | ||
Net Earnings | -$36.07M | -$14.75M |
YoY Change | 59.44% | 87.9% |
Net Earnings / Revenue | -27.61% | -10.74% |
Basic Earnings Per Share | -$0.14 | -$0.06 |
Diluted Earnings Per Share | -$0.14 | -$0.06 |
COMMON SHARES | ||
Basic Shares Outstanding | 257.2M shares | 257.2M shares |
Diluted Shares Outstanding | 257.7M shares | 257.8M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $141.4M | $120.7M |
YoY Change | -18.17% | -8.65% |
Cash & Equivalents | $141.4M | $120.7M |
Short-Term Investments | ||
Other Short-Term Assets | $60.61M | $62.45M |
YoY Change | -5.74% | -0.8% |
Inventory | $266.5M | $304.8M |
Prepaid Expenses | ||
Receivables | $89.52M | $95.04M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $558.0M | $583.0M |
YoY Change | -21.78% | -21.17% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $496.7M | $495.6M |
YoY Change | -2.85% | -5.54% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $51.72M | $53.65M |
YoY Change | -19.33% | -22.71% |
Total Long-Term Assets | $585.0M | $580.0M |
YoY Change | -24.0% | -26.22% |
TOTAL ASSETS | ||
Total Short-Term Assets | $558.0M | $583.0M |
Total Long-Term Assets | $585.0M | $580.0M |
Total Assets | $1.143B | $1.163B |
YoY Change | -22.93% | -23.77% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $55.11M | $61.01M |
YoY Change | 0.32% | -21.47% |
Accrued Expenses | $89.99M | $75.04M |
YoY Change | -17.44% | -22.92% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $139.0K | $132.0K |
YoY Change | 9.45% | 1.54% |
Total Short-Term Liabilities | $147.2M | $138.1M |
YoY Change | -13.03% | -23.39% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $929.3M | $928.0M |
YoY Change | 0.53% | 0.5% |
Other Long-Term Liabilities | $47.76M | $52.72M |
YoY Change | -6.92% | 6.97% |
Total Long-Term Liabilities | $977.1M | $980.8M |
YoY Change | 0.14% | 0.83% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $147.2M | $138.1M |
Total Long-Term Liabilities | $977.1M | $980.8M |
Total Liabilities | $1.124B | $1.119B |
YoY Change | -1.8% | -2.96% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$744.0M | -$707.9M |
YoY Change | 67.2% | 67.61% |
Common Stock | $2.572M | $2.572M |
YoY Change | 0.16% | 0.16% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$8.998M | $16.24M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.143B | $1.163B |
YoY Change | -22.93% | -23.77% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$36.07M | -$14.75M |
YoY Change | 59.44% | 87.9% |
Depreciation, Depletion And Amortization | $17.93M | $14.32M |
YoY Change | 5.49% | -6.55% |
Cash From Operating Activities | $23.71M | -$36.86M |
YoY Change | -53.96% | 308.41% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $4.027M | $6.979M |
YoY Change | -52.62% | -51.93% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $20.00K | $77.00K |
YoY Change | -36.89% | |
Cash From Investing Activities | -$4.007M | -$6.902M |
YoY Change | -52.86% | -52.06% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -23.00K | -19.00K |
YoY Change | -98.72% | -100.1% |
NET CHANGE | ||
Cash From Operating Activities | 23.71M | -36.86M |
Cash From Investing Activities | -4.007M | -6.902M |
Cash From Financing Activities | -23.00K | -19.00K |
Net Change In Cash | 19.68M | -43.78M |
YoY Change | -52.24% | 1141.17% |
FREE CASH FLOW | ||
Cash From Operating Activities | $23.71M | -$36.86M |
Capital Expenditures | $4.027M | $6.979M |
Free Cash Flow | $19.68M | -$43.83M |
YoY Change | -54.23% | 86.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
120726000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
176878000 | usd |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
257167127 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
257167127 | shares |
CY2023Q4 | us-gaap |
Derivative Liability Current Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityCurrentStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent | |
CY2024Q2 | us-gaap |
Derivative Liability Current Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityCurrentStatementOfFinancialPositionExtensibleEnumeration
|
http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
337715000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7369000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
|
67000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-241000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
886000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
2336000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4623000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2046000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
796000 | usd |
CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
129000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.01 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2566000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
330493000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7851000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
|
-146000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
2513000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
1098000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
6109000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2949000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-647000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1385000 | usd |
CY2023Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.01 | |
CY2023Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2568000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
320812000 | usd |
CY2024Q2 | gti |
Numberof Major Product Categories
NumberofMajorProductCategories
|
2 | majorproductcategory |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
137327000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
185561000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
273911000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
324363000 | usd | |
CY2023Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
0 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
0 | usd |
CY2024Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
18109000 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
31583000 | usd |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
19100000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
142300000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
104027000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
38273000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
142300000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
99927000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
42373000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2100000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2500000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4100000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4900000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
3900000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
7300000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
6700000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6100000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
5500000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
4900000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
21957000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
24494000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
928178000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
925645000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
132000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
134000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
928046000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
925511000 | usd |
CY2023Q3 | gti |
Debt Instrument Issue Price
DebtInstrumentIssuePrice
|
0.97456 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
98079000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
109084000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
165488000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
186473000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
41219000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
34589000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
304786000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
330146000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
4100000 | usd | |
CY2023 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
12400000 | usd |
CY2024Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
5100000 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
12400000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
17110000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
11325000 | usd |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
34205000 | usd | |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
21947000 | usd | |
CY2024Q2 | us-gaap |
Accretion Expense
AccretionExpense
|
521000 | usd |
CY2023Q2 | us-gaap |
Accretion Expense
AccretionExpense
|
1308000 | usd |
us-gaap |
Accretion Expense
AccretionExpense
|
1041000 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
1476000 | usd | |
CY2024Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
749000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2488000 | usd |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1497000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3143000 | usd | |
CY2024Q2 | gti |
Amortization Of Interest Rate Swap Deferred Gains Losses
AmortizationOfInterestRateSwapDeferredGainsLosses
|
2771000 | usd |
CY2023Q2 | gti |
Amortization Of Interest Rate Swap Deferred Gains Losses
AmortizationOfInterestRateSwapDeferredGainsLosses
|
45000 | usd |
gti |
Amortization Of Interest Rate Swap Deferred Gains Losses
AmortizationOfInterestRateSwapDeferredGainsLosses
|
5508000 | usd | |
gti |
Amortization Of Interest Rate Swap Deferred Gains Losses
AmortizationOfInterestRateSwapDeferredGainsLosses
|
45000 | usd | |
CY2024Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain
|
0 | usd |
CY2023Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain
|
6918000 | usd |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain
|
0 | usd | |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain
|
6918000 | usd | |
CY2024Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
|
0 | usd |
CY2023Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
|
5749000 | usd |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
|
0 | usd | |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss
|
7110000 | usd | |
CY2024Q2 | us-gaap |
Interest Expense
InterestExpense
|
15609000 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
13907000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
31235000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
26713000 | usd | |
CY2023Q2 | gti |
Realized Gain On Interest Rate Swap Termination
RealizedGainOnInterestRateSwapTermination
|
6900000 | usd |
CY2023Q2 | us-gaap |
Aoci Including Portion Attributable To Noncontrolling Interest Period Increase Decrease
AociIncludingPortionAttributableToNoncontrollingInterestPeriodIncreaseDecrease
|
13500000 | usd |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
77000 | usd |
us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
313000 | usd | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
39000 | usd | |
CY2024Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
351000 | usd |
CY2024Q2 | gti |
Related Party Tax Agreement Percent Of Savings
RelatedPartyTaxAgreementPercentOfSavings
|
0.85 | |
gti |
Due To Related Party Basis Spread On Variable Rate
DueToRelatedPartyBasisSpreadOnVariableRate
|
0.0100 | ||
CY2024Q2 | gti |
Related Party Payable Tax Receivable Agreement
RelatedPartyPayableTaxReceivableAgreement
|
5700000 | usd |
CY2024Q2 | gti |
Related Party Payable Tax Receivable Agreement Current
RelatedPartyPayableTaxReceivableAgreementCurrent
|
1900000 | usd |
CY2024Q2 | gti |
Related Party Payable Tax Receivable Agreement Noncurrent
RelatedPartyPayableTaxReceivableAgreementNoncurrent
|
3800000 | usd |
CY2023Q4 | gti |
Related Party Payable Tax Receivable Agreement
RelatedPartyPayableTaxReceivableAgreement
|
11100000 | usd |
CY2023Q4 | gti |
Related Party Payable Tax Receivable Agreement Current
RelatedPartyPayableTaxReceivableAgreementCurrent
|
5400000 | usd |
CY2023Q4 | gti |
Related Party Payable Tax Receivable Agreement Noncurrent
RelatedPartyPayableTaxReceivableAgreementNoncurrent
|
5700000 | usd |
gti |
Value Added Tax Assessment Amount
ValueAddedTaxAssessmentAmount
|
28000000 | usd | |
CY2018 | gti |
Value Added Tax Assessment Amount
ValueAddedTaxAssessmentAmount
|
51000000 | usd |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-592000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2329000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4793000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-575000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-15344000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-5522000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-50414000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-15795000 | usd | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.039 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.422 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.095 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.036 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.042 | |
CY2022Q4 | gti |
Embedded Derivative Gain In Aoci
EmbeddedDerivativeGainInAOCI
|
6600000 | usd |
CY2023Q2 | us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
5700000 | usd |
us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
7100000 | usd | |
CY2023Q3 | us-gaap |
Derivative Cash Received On Hedge
DerivativeCashReceivedOnHedge
|
20400000 | usd |
CY2023Q3 | us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
23100000 | usd |
CY2023Q3 | gti |
Loss On Debt Host
LossOnDebtHost
|
2800000 | usd |
CY2024Q2 | gti |
Loss On Debt Host In Aoci
LossOnDebtHostInAOCI
|
500000 | usd |
CY2023Q3 | us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
23100000 | usd |
CY2023Q3 | gti |
Realized Gain On Interest Rate Swap Termination
RealizedGainOnInterestRateSwapTermination
|
6900000 | usd |
CY2023Q3 | gti |
Embedded Derivative Gain In Aoci
EmbeddedDerivativeGainInAOCI
|
16200000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
|
0 | usd |
CY2024Q2 | us-gaap |
Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
|
0 | usd |
CY2024Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-31900000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-19188000 | usd |
CY2024Q2 | us-gaap |
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
|
1529000 | usd |
CY2023Q4 | us-gaap |
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
|
7730000 | usd |
CY2024Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-30371000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-11458000 | usd |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
0 | shares | |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
0 | shares | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14752000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7851000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-45621000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15220000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
257772069 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
257003691 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
257587613 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
256935763 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
257772069 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
257003691 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
257587613 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
256935763 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
CY2024Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1600000 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1400000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2600000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2200000 | usd | |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
13100000 | usd |
CY2024Q2 | us-gaap |
Supplier Finance Program Obligation Current
SupplierFinanceProgramObligationCurrent
|
5600000 | usd |
CY2023Q4 | us-gaap |
Supplier Finance Program Obligation Current
SupplierFinanceProgramObligationCurrent
|
4600000 | usd |
CY2024Q2 | gti |
Production Capacity
ProductionCapacity
|
178000 | capacity |
us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
|
130 | employee | |
us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
|
0.10 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
3300000 | usd | |
gti |
Rationalization Related Expenses
RationalizationRelatedExpenses
|
2700000 | usd | |
CY2024Q2 | gti |
Restructuring And Related Charges To Inventory
RestructuringAndRelatedChargesToInventory
|
0 | usd |
CY2023Q2 | gti |
Restructuring And Related Charges To Inventory
RestructuringAndRelatedChargesToInventory
|
0 | usd |
gti |
Restructuring And Related Charges To Inventory
RestructuringAndRelatedChargesToInventory
|
2202000 | usd | |
gti |
Restructuring And Related Charges To Inventory
RestructuringAndRelatedChargesToInventory
|
0 | usd | |
CY2024Q2 | gti |
Restructuring And Related Charges Fixed Asset Write Off
RestructuringAndRelatedChargesFixedAssetWriteOff
|
0 | usd |
CY2023Q2 | gti |
Restructuring And Related Charges Fixed Asset Write Off
RestructuringAndRelatedChargesFixedAssetWriteOff
|
0 | usd |
gti |
Restructuring And Related Charges Fixed Asset Write Off
RestructuringAndRelatedChargesFixedAssetWriteOff
|
453000 | usd | |
gti |
Restructuring And Related Charges Fixed Asset Write Off
RestructuringAndRelatedChargesFixedAssetWriteOff
|
0 | usd | |
CY2024Q2 | gti |
Rationalization Related Expenses
RationalizationRelatedExpenses
|
0 | usd |
CY2023Q2 | gti |
Rationalization Related Expenses
RationalizationRelatedExpenses
|
0 | usd |
gti |
Rationalization Related Expenses
RationalizationRelatedExpenses
|
2655000 | usd | |
gti |
Rationalization Related Expenses
RationalizationRelatedExpenses
|
0 | usd | |
CY2024Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
35000 | usd |
CY2023Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
0 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
2913000 | usd | |
us-gaap |
Severance Costs1
SeveranceCosts1
|
0 | usd | |
CY2024Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
75000 | usd |
CY2023Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
0 | usd |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
342000 | usd | |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
0 | usd | |
CY2024Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
110000 | usd |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
3255000 | usd | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | usd | |
CY2023Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
0 | usd |
gti |
Restructuring Charges Current
RestructuringChargesCurrent
|
2543000 | usd | |
gti |
Restructuring Charges Noncurrent
RestructuringChargesNoncurrent
|
712000 | usd | |
gti |
Payments For Restructuring Current
PaymentsForRestructuringCurrent
|
1049000 | usd | |
gti |
Payments For Restructuring Noncurrent
PaymentsForRestructuringNoncurrent
|
0 | usd | |
gti |
Restructuring Reserve Accrual Adjustment Current
RestructuringReserveAccrualAdjustmentCurrent
|
-74000 | usd | |
gti |
Restructuring Reserve Accrual Adjustment Noncurrent
RestructuringReserveAccrualAdjustmentNoncurrent
|
42000 | usd | |
CY2024Q2 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
1420000 | usd |
CY2024Q2 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
754000 | usd |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |