2024 Q1 Form 10-K Financial Statement

#000170803524000070 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $160.5M $172.8M $691.1M
YoY Change -0.21% -5.44% -15.73%
Cost Of Revenue $121.3M $125.5M $493.2M
YoY Change -2.47% -5.91% -17.19%
Gross Profit $39.22M $47.32M $198.0M
YoY Change 7.48% -4.15% -11.87%
Gross Profit Margin 24.43% 27.38% 28.64%
Selling, General & Admin $21.60M $19.76M $79.22M
YoY Change 2.3% 12.53% -7.17%
% of Gross Profit 55.08% 41.75% 40.01%
Research & Development $7.797M
YoY Change 7.81%
% of Gross Profit 3.94%
Depreciation & Amortization $21.93M $22.14M $84.60M
YoY Change 31.4% 8.75% 6.87%
% of Gross Profit 55.92% 46.8% 42.73%
Operating Expenses $21.60M $23.40M $87.01M
YoY Change 2.3% 18.93% -6.0%
Operating Profit $13.95M $23.92M $96.65M
YoY Change 61.16% 8.72% -7.41%
Interest Expense $13.41M $401.0K $44.73M
YoY Change 36.38% -1279.41% 20.19%
% of Operating Profit 96.1% 1.68% 46.28%
Other Income/Expense, Net -$216.0K -$62.00K -$605.0K
YoY Change -150.59% -102.65% 282.91%
Pretax Income $2.400M $23.09M $81.94M
YoY Change -558.02% -5.01% -13.51%
Income Tax $1.179M -$6.840M $10.79M
% Of Pretax Income 49.13% -29.62% 13.16%
Net Earnings $1.221M $29.93M $71.15M
YoY Change -183.0% 18.52% -3.45%
Net Earnings / Revenue 0.76% 17.32% 10.3%
Basic Earnings Per Share $0.01 $0.60
Diluted Earnings Per Share $0.01 $0.26 $0.60
COMMON SHARES
Basic Shares Outstanding 117.0M shares 116.1M shares 118.4M shares
Diluted Shares Outstanding 117.5M shares 119.5M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $103.1M $88.37M $88.37M
YoY Change 67.37% -20.33% -20.33%
Cash & Equivalents $103.1M $88.37M $88.37M
Short-Term Investments
Other Short-Term Assets $34.50M $31.19M $31.19M
YoY Change -27.06% -17.18% -17.18%
Inventory $52.50M $45.12M $45.12M
Prepaid Expenses
Receivables $78.43M $81.31M $81.31M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $268.5M $246.0M $246.0M
YoY Change 21.31% -8.11% -8.11%
LONG-TERM ASSETS
Property, Plant & Equipment $572.3M $576.9M $601.2M
YoY Change -1.95% -1.37% -1.95%
Goodwill $404.3M $404.5M
YoY Change 0.12% 0.32%
Intangibles $112.9M $116.6M
YoY Change -10.9% -10.3%
Long-Term Investments $413.2M $440.2M $440.2M
YoY Change -5.49% 0.96% 0.96%
Other Assets $33.81M $29.36M $29.36M
YoY Change 13.68% -15.11% -15.11%
Total Long-Term Assets $1.562B $1.592B $1.592B
YoY Change -2.89% -1.55% -1.55%
TOTAL ASSETS
Total Short-Term Assets $268.5M $246.0M $246.0M
Total Long-Term Assets $1.562B $1.592B $1.592B
Total Assets $1.831B $1.838B $1.838B
YoY Change 0.04% -2.48% -2.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.54M $40.20M $40.20M
YoY Change -1.72% 0.44% 0.44%
Accrued Expenses $56.76M $61.69M $58.47M
YoY Change -1.76% -14.59% -15.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.000M $9.000M $12.07M
YoY Change 0.0% 0.0% 1.81%
Total Short-Term Liabilities $107.5M $119.1M $119.1M
YoY Change -1.34% -7.98% -7.98%
LONG-TERM LIABILITIES
Long-Term Debt $857.2M $858.9M $863.9M
YoY Change -0.8% -0.8% -1.1%
Other Long-Term Liabilities $20.05M $22.44M $33.51M
YoY Change -25.1% -13.18% -12.35%
Total Long-Term Liabilities $877.3M $881.4M $897.4M
YoY Change -1.53% -1.16% -1.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.5M $119.1M $119.1M
Total Long-Term Liabilities $877.3M $881.4M $897.4M
Total Liabilities $1.119B $1.132B $1.132B
YoY Change -3.15% -3.83% -3.83%
SHAREHOLDERS EQUITY
Retained Earnings -$169.6M -$170.9M
YoY Change -30.33% -29.4%
Common Stock $1.409M $1.407M
YoY Change 0.21% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $226.7M
YoY Change 51.52%
Treasury Stock Shares
Shareholders Equity $711.4M $705.5M $705.5M
YoY Change
Total Liabilities & Shareholders Equity $1.831B $1.838B $1.838B
YoY Change 0.04% -2.48% -2.48%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $1.221M $29.93M $71.15M
YoY Change -183.0% 18.52% -3.45%
Depreciation, Depletion And Amortization $21.93M $22.14M $84.60M
YoY Change 31.4% 8.75% 6.87%
Cash From Operating Activities $36.50M $64.19M $137.6M
YoY Change 787.29% -16.94% -26.26%
INVESTING ACTIVITIES
Capital Expenditures $17.37M $11.69M $65.34M
YoY Change -7.09% -39.71% 10.98%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$17.37M -$11.69M -$65.34M
YoY Change -7.09% -39.71% 3.67%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net $78.72M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$4.183M -3.029M -$93.50M
YoY Change -87.54% -95.38% -36.9%
NET CHANGE
Cash From Operating Activities $36.50M 64.19M $137.6M
Cash From Investing Activities -$17.37M -11.69M -$65.34M
Cash From Financing Activities -$4.183M -3.029M -$93.50M
Net Change In Cash $14.77M 49.47M -$22.56M
YoY Change -129.96% -738.89% -24.74%
FREE CASH FLOW
Cash From Operating Activities $36.50M $64.19M $137.6M
Capital Expenditures $17.37M $11.69M $65.34M
Free Cash Flow $19.13M $52.50M $72.26M
YoY Change -231.18% -9.31% -43.43%

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NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-148186000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-963089000 usd
CY2023 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-1144000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-93498000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-148186000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-964233000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1319000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-5368000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2253000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-22555000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-29969000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3670000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
110920000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
140889000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
137219000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
88365000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
110920000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
140889000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
589000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-978000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-4716000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1964000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1442000 usd
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1235000 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
978449000 usd
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.20
CY2021 ecvt Estimate Disposal Loss
EstimateDisposalLoss
109584000 usd
CY2021 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-150230000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7797000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7232000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7499000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Correction of Errors. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Correction of errors have been made to the historical presentation of the consolidated financial statements and the notes accompanying the consolidated financial statements.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the preparation of the condensed consolidated financial statements for the period ended June 30, 2023, the Company identified a presentation error in the components of accumulated other comprehensive income (loss) that originated in the year ended December 31, 2021 and remained uncorrected through the quarter ended March 31, 2023. As a result, the presentation of accumulated other comprehensive income (loss) in Note 7 was corrected by revising the opening balances as follows:</span></div><div style="margin-top:6pt;text-align:center;text-indent:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:426.75pt"><tr><td style="width:1.0pt"></td><td style="width:237.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:1.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:60.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:1.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:55.00pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:1.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:55.00pt"></td><td style="width:1.0pt"></td></tr><tr style="height:36pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Defined benefit and other postretirement plans</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net gain (loss) from hedging activities</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Foreign currency translation</span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As reported, December 31, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,808 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,254 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22,854)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Correction to opening balances</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,640)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,964)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,604 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revised, December 31, 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,168 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">290 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,250)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As reported, December 31, 2022</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,132 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,636 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32,776)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Correction to opening balances</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,640)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,964)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,604 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revised, December 31, 2022</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(508)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,672 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,172)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span><br/></span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This classification error within accumulated other comprehensive income (loss) did not impact total accumulated other comprehensive income (loss) for the periods included in these consolidated financial statements. Additionally, there was no impact on the consolidated statements of income and other comprehensive income (loss), consolidated balance sheets and consolidated statements of cash flows for the periods included in these consolidated financial statements. The Company assessed the materiality of this presentation error and concluded it was not material to the Company’s previously issued financial statements.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income for the year ended December 31, 2023 increased by $1,390 from adjustments for the Company’s interest rate cap agreements related to prior year interest expense amortization, $840 from adjustments related to prior year sales rebate reserves and $2,776 from adjustments for the Company’s equity in net income of affiliated companies related to revised Zeolyst International historical results offset by $1,301 from other adjustments. The $3,705 total net impact of these adjustment was not material to the consolidated financial statements for any prior quarterly or annual periods or the current annual period.</span></div>
CY2021 ecvt Provision To Return Adjustment Recognized
ProvisionToReturnAdjustmentRecognized
5429000 usd
CY2021 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-150230000 usd
CY2021 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
37255000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3902000 usd
CY2021Q4 ecvt Financing Obligation Liability
FinancingObligationLiability
11648000 gbp
CY2021Q4 ecvt Financing Obligation Liability
FinancingObligationLiability
16005000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
19878000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
20084000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
7926000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
10302000 usd
CY2021 ecvt Proceeds From Failed Sale Leaseback
ProceedsFromFailedSaleLeaseback
16005000 usd
CY2023 ecvt Payments Under Financing Arrangement
PaymentsUnderFinancingArrangement
8416000 usd
CY2022 ecvt Payments Under Financing Arrangement
PaymentsUnderFinancingArrangement
7872000 usd
CY2021 ecvt Payments Under Financing Arrangement
PaymentsUnderFinancingArrangement
3395000 usd
CY2023 ecvt Repayment Of Financing Obligation
RepaymentOfFinancingObligation
2847000 usd
CY2022 ecvt Repayment Of Financing Obligation
RepaymentOfFinancingObligation
2692000 usd
CY2021 ecvt Repayment Of Financing Obligation
RepaymentOfFinancingObligation
1435000 usd
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0286
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3186000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3186000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1860000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
8232000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
306000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
7926000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-11870000 usd
CY2023 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-4920000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6950000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
19718000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
7934000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11784000 usd
CY2021 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
7427000 usd
CY2021 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2769000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10196000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
234592000 usd
CY2023 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
315635 shares
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
32058 shares
CY2023 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3372000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
332000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.20
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10565000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10562000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10321000 usd
CY2023 ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
2954000 usd
CY2022 ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
6988000 usd
CY2021 ecvt Transaction And Other Related Costs
TransactionAndOtherRelatedCosts
2268000 usd
CY2023 ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
2655000 usd
CY2022 ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
11566000 usd
CY2021 ecvt Business Optimization Integration Restructuring And Other Related Costs
BusinessOptimizationIntegrationRestructuringAndOtherRelatedCosts
3866000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-4137000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-3594000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-5666000 usd
CY2023 ecvt Other Income Expense Net
OtherIncomeExpenseNet
-1789000 usd
CY2022 ecvt Other Income Expense Net
OtherIncomeExpenseNet
-2201000 usd
CY2021 ecvt Other Income Expense Net
OtherIncomeExpenseNet
-2152000 usd
CY2023 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
22100000 usd
CY2022 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
34911000 usd
CY2021 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
24273000 usd
CY2023Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
41658000 usd
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
39909000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3457000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4453000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
45115000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
44362000 usd
CY2023Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
24815000 usd
CY2022Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
25258000 usd
CY2023Q4 ecvt Fifo Or Weighted Average Inventory Amount
FIFOOrWeightedAverageInventoryAmount
20300000 usd
CY2022Q4 ecvt Fifo Or Weighted Average Inventory Amount
FIFOOrWeightedAverageInventoryAmount
19104000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
45115000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
44362000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
436013000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
446074000 usd
CY2023 ecvt Income Lossfrom Equity Method Investments Excluding Purchase Accounting Adjustments
IncomeLossfromEquityMethodInvestmentsExcludingPurchaseAccountingAdjustments
37027000 usd
CY2022 ecvt Income Lossfrom Equity Method Investments Excluding Purchase Accounting Adjustments
IncomeLossfromEquityMethodInvestmentsExcludingPurchaseAccountingAdjustments
34128000 usd
CY2023 ecvt Equity Method Investments Charges Relatedto Purchase Accounting
EquityMethodInvestmentsChargesRelatedtoPurchaseAccounting
6403000 usd
CY2022 ecvt Equity Method Investments Charges Relatedto Purchase Accounting
EquityMethodInvestmentsChargesRelatedtoPurchaseAccounting
6402000 usd
CY2023 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
28000000 usd
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
35000000 usd
CY2023 ecvt Foreign Currency Adjustments Relatedto Equity Method Investments
ForeignCurrencyAdjustmentsRelatedtoEquityMethodInvestments
1561000 usd
CY2022 ecvt Foreign Currency Adjustments Relatedto Equity Method Investments
ForeignCurrencyAdjustmentsRelatedtoEquityMethodInvestments
-2787000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
440198000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
436013000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8193000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8155000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Liabilities Current
FinanceLeaseAndFinancingObligationLiabilitiesCurrent
70000 usd
CY2022Q4 ecvt Finance Lease And Financing Obligation Liabilities Current
FinanceLeaseAndFinancingObligationLiabilitiesCurrent
86000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16030000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
20021000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1044202000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
986313000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
467298000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
401424000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
576904000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
584889000 usd
CY2023 us-gaap Depreciation
Depreciation
70551000 usd
CY2022 us-gaap Depreciation
Depreciation
65121000 usd
CY2021 us-gaap Depreciation
Depreciation
65955000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
10828000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
10318000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
9825000 usd
CY2023 ecvt Finance Lease And Obligation Cost
FinanceLeaseAndObligationCost
77000 usd
CY2022 ecvt Finance Lease And Obligation Cost
FinanceLeaseAndObligationCost
36000 usd
CY2021 ecvt Finance Lease And Obligation Cost
FinanceLeaseAndObligationCost
37000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24281000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28265000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Assets
FinanceLeaseAndFinancingObligationAssets
1269000 usd
CY2022Q4 ecvt Finance Lease And Financing Obligation Assets
FinanceLeaseAndFinancingObligationAssets
1422000 usd
CY2023Q4 ecvt Operating And Finance Right Of Use Lease Assets Total
OperatingAndFinanceRightOfUseLeaseAssetsTotal
25550000 usd
CY2022Q4 ecvt Operating And Finance Right Of Use Lease Assets Total
OperatingAndFinanceRightOfUseLeaseAssetsTotal
29687000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Liabilities Noncurrent
FinanceLeaseAndFinancingObligationLiabilitiesNoncurrent
28000 usd
CY2022Q4 ecvt Finance Lease And Financing Obligation Liabilities Noncurrent
FinanceLeaseAndFinancingObligationLiabilitiesNoncurrent
101000 usd
CY2023Q4 ecvt Operatingand Finance Lease Liabilities Total
OperatingandFinanceLeaseLiabilitiesTotal
24321000 usd
CY2022Q4 ecvt Operatingand Finance Lease Liabilities Total
OperatingandFinanceLeaseLiabilitiesTotal
28363000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y11M15D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y5M12D
CY2023Q4 ecvt Finance Leases And Financing Obligation Weighted Average Remaining Lease Term
FinanceLeasesAndFinancingObligationWeightedAverageRemainingLeaseTerm
P1Y3M29D
CY2022Q4 ecvt Finance Leases And Financing Obligation Weighted Average Remaining Lease Term
FinanceLeasesAndFinancingObligationWeightedAverageRemainingLeaseTerm
P2Y3M14D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0595
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0524
CY2023Q4 ecvt Finance Leases And Financing Obligation Weighted Average Discount Rate Percent
FinanceLeasesAndFinancingObligationWeightedAverageDiscountRatePercent
0.0391
CY2022Q4 ecvt Finance Leases And Financing Obligation Weighted Average Discount Rate Percent
FinanceLeasesAndFinancingObligationWeightedAverageDiscountRatePercent
0.0310
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9539000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid Year One
FinanceLeaseAndFinancingObligationToBePaidYearOne
78000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6916000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid Year Two
FinanceLeaseAndFinancingObligationToBePaidYearTwo
23000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5068000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid Year Three
FinanceLeaseAndFinancingObligationToBePaidYearThree
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3672000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid Year Four
FinanceLeaseAndFinancingObligationToBePaidYearFour
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1154000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid Year Five
FinanceLeaseAndFinancingObligationToBePaidYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1014000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation To Be Paid After Year Five
FinanceLeaseAndFinancingObligationToBePaidAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27363000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Liability To Be Paid
FinanceLeaseAndFinancingObligationLiabilityToBePaid
101000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3140000 usd
CY2023Q4 ecvt Financing Lease And Financing Obligation Liability Undiscounted Excess Amount
FinancingLeaseAndFinancingObligationLiabilityUndiscountedExcessAmount
3000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24223000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Liability
FinanceLeaseAndFinancingObligationLiability
98000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
10813000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
10327000 usd
CY2023 ecvt Finance Leas And Financing Obligation Interest Payment On Liability
FinanceLeasAndFinancingObligationInterestPaymentOnLiability
5000 usd
CY2022 ecvt Finance Leas And Financing Obligation Interest Payment On Liability
FinanceLeasAndFinancingObligationInterestPaymentOnLiability
3000 usd
CY2023 ecvt Principal Payments Under Finance Leases And Financing Obligations Included In Financing Cash Flows
PrincipalPaymentsUnderFinanceLeasesAndFinancingObligationsIncludedInFinancingCashFlows
72000 usd
CY2022 ecvt Principal Payments Under Finance Leases And Financing Obligations Included In Financing Cash Flows
PrincipalPaymentsUnderFinanceLeasesAndFinancingObligationsIncludedInFinancingCashFlows
33000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8105000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7462000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 segment
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
691118000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
820159000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
611201000 usd
CY2023 ecvt Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
281858000 usd
CY2022 ecvt Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
305738000 usd
CY2021 ecvt Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
265700000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81939000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94735000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13941000 usd
CY2023 us-gaap Interest Expense
InterestExpense
44730000 usd
CY2022 us-gaap Interest Expense
InterestExpense
37217000 usd
CY2021 us-gaap Interest Expense
InterestExpense
36990000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
84598000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
79163000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
79741000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
30624000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27725000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27737000 usd
CY2023 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
65335000 usd
CY2022 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
58870000 usd
CY2021 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
60045000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
691118000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
820159000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
611201000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
601185000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
613154000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
406139000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-81000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2895000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
403163000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1307000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
404470000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 segment
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
225350000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
108800000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
116550000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
224256000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94324000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
129932000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14068000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14068000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12912000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12370000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12222000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
21643000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
87283000 usd
CY2023Q4 ecvt Accrued Compensationand Bonus Current
AccruedCompensationandBonusCurrent
16594000 usd
CY2022Q4 ecvt Accrued Compensationand Bonus Current
AccruedCompensationandBonusCurrent
30890000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
11976000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10493000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
3657000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2123000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7708000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
4412000 usd
CY2023Q4 ecvt Finance Lease And Financing Obligation Accrued Liabilities
FinanceLeaseAndFinancingObligationAccruedLiabilities
3069000 usd
CY2022Q4 ecvt Finance Lease And Financing Obligation Accrued Liabilities
FinanceLeaseAndFinancingObligationAccruedLiabilities
2855000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
641000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4062000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18048000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
17394000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
61693000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
72229000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
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0.01
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.60
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.52
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.03
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.04
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.03
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.03
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.03
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.02
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
22437000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25556000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11843000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
42081000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
35370000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
59040000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3427000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4653000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6116000 usd
CY2023Q4 ecvt Excise Taxes Payable
ExciseTaxesPayable
638000 usd
CY2022Q4 ecvt Excise Taxes Payable
ExciseTaxesPayable
0 usd
CY2021Q4 ecvt Excise Taxes Payable
ExciseTaxesPayable
0 usd
CY2021 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
2307000 usd

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