2023 Q4 Form 10-Q Financial Statement

#000170803523000039 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $172.8M $173.3M
YoY Change -5.44% -25.46%
Cost Of Revenue $125.5M $120.1M
YoY Change -5.91% -27.13%
Gross Profit $47.32M $53.18M
YoY Change -4.15% -21.41%
Gross Profit Margin 27.38% 30.68%
Selling, General & Admin $19.76M $16.95M
YoY Change 12.53% -21.04%
% of Gross Profit 41.75% 31.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.14M $17.77M
YoY Change 8.75% -9.32%
% of Gross Profit 46.8% 33.42%
Operating Expenses $23.40M $16.95M
YoY Change 18.93% -21.04%
Operating Profit $23.92M $31.93M
YoY Change 8.72% -17.15%
Interest Expense $401.0K $11.81M
YoY Change -1279.41% 23.78%
% of Operating Profit 1.68% 36.99%
Other Income/Expense, Net -$62.00K -$361.0K
YoY Change -102.65% -80.72%
Pretax Income $23.09M $24.47M
YoY Change -5.01% -19.23%
Income Tax -$6.840M $7.891M
% Of Pretax Income -29.62% 32.25%
Net Earnings $29.93M $16.57M
YoY Change 18.52% -22.28%
Net Earnings / Revenue 17.32% 9.56%
Basic Earnings Per Share $0.14
Diluted Earnings Per Share $0.26 $0.14
COMMON SHARES
Basic Shares Outstanding 116.1M shares 116.6M shares
Diluted Shares Outstanding 117.4M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.37M $38.30M
YoY Change -20.33% -68.45%
Cash & Equivalents $88.37M $38.32M
Short-Term Investments
Other Short-Term Assets $31.19M $34.00M
YoY Change -17.18% -26.25%
Inventory $45.12M $48.26M
Prepaid Expenses
Receivables $81.31M $83.79M
Other Receivables $0.00 $0.00
Total Short-Term Assets $246.0M $204.3M
YoY Change -8.11% -36.98%
LONG-TERM ASSETS
Property, Plant & Equipment $576.9M $580.8M
YoY Change -1.37% -0.11%
Goodwill $404.5M $403.4M
YoY Change 0.32% 0.55%
Intangibles $116.6M $119.5M
YoY Change -10.3% -9.69%
Long-Term Investments $440.2M $441.8M
YoY Change 0.96% 3.54%
Other Assets $29.36M $36.61M
YoY Change -15.11% 0.9%
Total Long-Term Assets $1.592B $1.609B
YoY Change -1.55% 0.06%
TOTAL ASSETS
Total Short-Term Assets $246.0M $204.3M
Total Long-Term Assets $1.592B $1.609B
Total Assets $1.838B $1.813B
YoY Change -2.48% -6.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.20M $32.31M
YoY Change 0.44% -37.9%
Accrued Expenses $61.69M $50.61M
YoY Change -14.59% -22.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $9.000M $9.000M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $119.1M $100.4M
YoY Change -7.98% -25.43%
LONG-TERM LIABILITIES
Long-Term Debt $858.9M $860.7M
YoY Change -0.8% -0.8%
Other Long-Term Liabilities $22.44M $21.18M
YoY Change -13.18% 1.11%
Total Long-Term Liabilities $881.4M $881.8M
YoY Change -1.16% -0.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $119.1M $100.4M
Total Long-Term Liabilities $881.4M $881.8M
Total Liabilities $1.132B $1.135B
YoY Change -3.83% -4.81%
SHAREHOLDERS EQUITY
Retained Earnings -$170.9M -$200.8M
YoY Change -29.4% -24.87%
Common Stock $1.407M $1.407M
YoY Change 0.79% 0.86%
Preferred Stock
YoY Change
Treasury Stock (at cost) $226.7M $226.7M
YoY Change 51.52% 161.81%
Treasury Stock Shares
Shareholders Equity $705.5M $677.9M
YoY Change
Total Liabilities & Shareholders Equity $1.838B $1.813B
YoY Change -2.48% -6.16%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $29.93M $16.57M
YoY Change 18.52% -22.28%
Depreciation, Depletion And Amortization $22.14M $17.77M
YoY Change 8.75% -9.32%
Cash From Operating Activities $64.19M $32.30M
YoY Change -16.94% -42.78%
INVESTING ACTIVITIES
Capital Expenditures $11.69M $14.40M
YoY Change -39.71% -205.38%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$11.69M -$14.40M
YoY Change -39.71% 2.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.029M -10.60M
YoY Change -95.38% -85.0%
NET CHANGE
Cash From Operating Activities 64.19M 32.30M
Cash From Investing Activities -11.69M -14.40M
Cash From Financing Activities -3.029M -10.60M
Net Change In Cash 49.47M 7.300M
YoY Change -738.89% -125.76%
FREE CASH FLOW
Cash From Operating Activities $64.19M $32.30M
Capital Expenditures $11.69M $14.40M
Free Cash Flow $52.50M $17.90M
YoY Change -9.31% -74.47%

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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5946000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
27000 usd
CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8842000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5409000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
972000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3872000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
41000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
739525000 usd
us-gaap Net Income Loss
NetIncomeLoss
41225000 usd
us-gaap Net Income Loss
NetIncomeLoss
48445000 usd
us-gaap Depreciation
Depreciation
51920000 usd
us-gaap Depreciation
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48256000 usd
ecvt Adjustment For Amortization Expense
AdjustmentForAmortizationExpense
10536000 usd
ecvt Adjustment For Amortization Expense
AdjustmentForAmortizationExpense
10547000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1548000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1515000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
41000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38317000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121446000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12454000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-3326000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Share Based Compensation
ShareBasedCompensation
12547000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17419000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16305000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
17422000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10000000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
30000000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
8939000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
28443000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3909000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3206000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-856000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5223000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1954000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19383000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
73406000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109325000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
53642000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39474000 usd
ecvt Payments For Business Divestiture
PaymentsForBusinessDivestiture
0 usd
ecvt Payments For Business Divestiture
PaymentsForBusinessDivestiture
3744000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
488000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
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us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
14500000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
6750000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
6750000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
78717000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Finance Lease Principal Payments
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2087000 usd
us-gaap Finance Lease Principal Payments
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110920000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140889000 usd
us-gaap Number Of Reporting Units
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173326000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
232533000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
3702000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2730000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
972000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
8864000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
315635 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
32058 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3372000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
332000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
403163000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
205000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
403368000 usd
CY2023Q3 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
44406000 usd
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
39909000 usd
CY2023Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3857000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4453000 usd
CY2023Q3 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
28157000 usd
CY2022Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
25258000 usd
CY2023Q3 ecvt Fifo Or Weighted Average Inventory Amount
FIFOOrWeightedAverageInventoryAmount
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CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2645000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2632000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7924000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7931000 usd
CY2023Q3 ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
187000 usd
CY2022Q3 ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
1789000 usd
ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
2811000 usd
ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
6860000 usd
CY2023Q3 ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
310000 usd
CY2022Q3 ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
2338000 usd
ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
2438000 usd
ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
8011000 usd
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1020000 usd
CY2022Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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CY2023Q3 ecvt Other Income Expense Net
OtherIncomeExpenseNet
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CY2022Q3 ecvt Other Income Expense Net
OtherIncomeExpenseNet
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ecvt Other Income Expense Net
OtherIncomeExpenseNet
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ecvt Other Income Expense Net
OtherIncomeExpenseNet
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CY2023Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4310000 usd
CY2022Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
7673000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
17288000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
25101000 usd
CY2022Q4 ecvt Fifo Or Weighted Average Inventory Amount
FIFOOrWeightedAverageInventoryAmount
19104000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
48263000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
44362000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1030829000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
986313000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
450020000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
401424000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
584889000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
17773000 usd
us-gaap Depreciation
Depreciation
51920000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
16103000 usd
us-gaap Depreciation
Depreciation
48256000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
879750000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
886500000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6496000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7472000 usd
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3586000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4158000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
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CY2022Q4 us-gaap Long Term Debt
LongTermDebt
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CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2023Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
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us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q3 us-gaap Interest Expense
InterestExpense
11811000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
9542000 usd
us-gaap Interest Expense
InterestExpense
30812000 usd
us-gaap Interest Expense
InterestExpense
26880000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.323
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.296
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.299
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.312
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173326000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
232533000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
518310000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
637419000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24465000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30291000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
58850000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70428000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
9413264 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4740000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1162000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12547000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17419000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2980000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4271000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116446085 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132622105 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119042161 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1474734 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1374971 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1550617 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117374347 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134096839 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120417132 shares
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
16574000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
21325000 usd
us-gaap Net Income Loss
NetIncomeLoss
41225000 usd
us-gaap Net Income Loss
NetIncomeLoss
48445000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116446085 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132622105 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119042161 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136115598 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117374347 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134096839 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120417132 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137666215 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Income Taxes Paid
IncomeTaxesPaid
19019000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
24367000 usd
us-gaap Interest Paid Net
InterestPaidNet
28466000 usd
us-gaap Interest Paid Net
InterestPaidNet
24390000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
589000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4993000 usd
CY2023Q3 ecvt Excise Taxes Payable
ExciseTaxesPayable
638000 usd
CY2022Q3 ecvt Excise Taxes Payable
ExciseTaxesPayable
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8048000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6187000 usd
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
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CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
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CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
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0001708035-23-000039-index.html Edgar Link pending
0001708035-23-000039.txt Edgar Link pending
0001708035-23-000039-xbrl.zip Edgar Link pending
ecvt-20230930.htm Edgar Link pending
ecvt-20230930.xsd Edgar Link pending
ex311-sec302ceocertx093020.htm Edgar Link pending
ex312-sec302cfocertx093020.htm Edgar Link pending
ex321-sec906ceocertx093020.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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ecvt-20230930_cal.xml Edgar Link unprocessable
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