2022 Q4 Form 10-K Financial Statement

#000095017023005121 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $1.260B $5.268B $5.078B
YoY Change -16.28% 3.75% 45.96%
Cost Of Revenue $464.2M $2.066B $2.597B
YoY Change -42.45% -20.46% 48.81%
Gross Profit $796.2M $3.202B $2.481B
YoY Change 13.92% 29.1% 43.1%
Gross Profit Margin 63.17% 60.79% 48.85%
Selling, General & Admin $629.8M $2.359B $2.284B
YoY Change 5.54% 3.3% 58.33%
% of Gross Profit 79.1% 73.66% 92.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $71.60M $266.8M $282.9M
YoY Change -4.31% -5.69% -9.01%
% of Gross Profit 8.99% 8.33% 11.4%
Operating Expenses $701.3M $4.691B $5.100B
YoY Change 8.65% -8.02% 40.42%
Operating Profit $94.93M $577.0M -$22.24M
YoY Change 77.48% -2694.57% -85.48%
Interest Expense -$85.31M $282.3M $268.7M
YoY Change 40.52% 5.05% -5.59%
% of Operating Profit -89.86% 48.91%
Other Income/Expense, Net -$822.5M $475.3M $4.258M
YoY Change 770.55% 11061.37% -94.75%
Pretax Income -$789.6M -$105.4M -$356.2M
YoY Change 676.41% -70.39% 60.27%
Income Tax -$642.5M -$648.5M -$22.28M
% Of Pretax Income
Net Earnings -$206.2M $129.1M -$296.6M
YoY Change 956.63% -143.53%
Net Earnings / Revenue -16.36% 2.45% -5.84%
Basic Earnings Per Share $0.48 -$1.14
Diluted Earnings Per Share -$0.71 $0.45 -$1.253M
COMMON SHARES
Basic Shares Outstanding 281.4M 262.1M
Diluted Shares Outstanding 287.7M 262.1M

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $767.8M $767.8M $1.561B
YoY Change -50.81% -50.81% 54.79%
Cash & Equivalents $767.8M $767.8M $1.561B
Short-Term Investments
Other Short-Term Assets $293.2M $851.9M $1.578B
YoY Change 43.24% -46.0% 158.25%
Inventory
Prepaid Expenses
Receivables $917.0M $917.0M $615.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.537B $2.537B $3.754B
YoY Change -32.42% -32.42% 81.76%
LONG-TERM ASSETS
Property, Plant & Equipment $696.3M $1.043B $1.003B
YoY Change 10.56% 3.93% 0.34%
Goodwill $5.285B
YoY Change 17.27%
Intangibles $2.206B
YoY Change 36.85%
Long-Term Investments $209.5M $337.0M $298.2M
YoY Change 6.67% 13.0% 18.77%
Other Assets $325.6M $1.097B $260.9M
YoY Change 24.82% 320.53% -51.75%
Total Long-Term Assets $9.967B $9.967B $7.681B
YoY Change 29.77% 29.77% 1.48%
TOTAL ASSETS
Total Short-Term Assets $2.537B $2.537B $3.754B
Total Long-Term Assets $9.967B $9.967B $7.681B
Total Assets $12.50B $12.50B $11.43B
YoY Change 9.35% 9.35% 18.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.6M $600.6M $558.9M
YoY Change 7.47% 7.47% 0.83%
Accrued Expenses $525.2M $590.6M $583.8M
YoY Change 0.22% 1.17% 52.94%
Deferred Revenue $716.1M
YoY Change 9.88%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $88.31M $88.31M $82.02M
YoY Change 7.67% 7.67% -61.49%
Total Short-Term Liabilities $2.415B $2.415B $2.705B
YoY Change -10.75% -10.75% 35.47%
LONG-TERM LIABILITIES
Long-Term Debt $5.080B $5.080B $5.632B
YoY Change -9.79% -9.79% -1.42%
Other Long-Term Liabilities $171.6M $1.702B $766.0M
YoY Change -77.6% 122.25% -0.38%
Total Long-Term Liabilities $5.252B $6.783B $6.398B
YoY Change -6.75% 6.02% -1.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.415B $2.415B $2.705B
Total Long-Term Liabilities $5.252B $6.783B $6.398B
Total Liabilities $9.197B $10.62B $10.19B
YoY Change 1.03% 4.28% 9.15%
SHAREHOLDERS EQUITY
Retained Earnings -$216.2M
YoY Change -27.11%
Common Stock $2.121B
YoY Change 30.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.881B $1.881B $1.247B
YoY Change
Total Liabilities & Shareholders Equity $12.50B $12.50B $11.43B
YoY Change 9.35% 9.35% 18.69%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income -$206.2M $129.1M -$296.6M
YoY Change 956.63% -143.53%
Depreciation, Depletion And Amortization $71.60M $266.8M $282.9M
YoY Change -4.31% -5.69% -9.01%
Cash From Operating Activities $96.41M $502.9M $333.6M
YoY Change -45.31% 50.76% 106.92%
INVESTING ACTIVITIES
Capital Expenditures $53.21M $148.0M $99.80M
YoY Change -190.45% 48.26% 39.29%
Acquisitions $1.435B $436.4M
YoY Change 228.74% 37.25%
Other Investing Activities $9.721M -$1.429M -$9.205M
YoY Change -105.07% -84.48% -677.48%
Cash From Investing Activities -$43.49M -$704.5M -$659.1M
YoY Change -82.64% 6.9% 108.71%
FINANCING ACTIVITIES
Cash Dividend Paid $36.39M $9.175M
YoY Change 296.58% -92.55%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -281.7M -549.9M 960.2M
YoY Change -147.82% -157.27% 111.5%
NET CHANGE
Cash From Operating Activities 96.41M 502.9M 333.6M
Cash From Investing Activities -43.49M -704.5M -659.1M
Cash From Financing Activities -281.7M -549.9M 960.2M
Net Change In Cash -228.8M -747.0M 602.7M
YoY Change -144.43% -223.95% 98.09%
FREE CASH FLOW
Cash From Operating Activities $96.41M $502.9M $333.6M
Capital Expenditures $53.21M $148.0M $99.80M
Free Cash Flow $43.21M $355.0M $233.8M
YoY Change -81.62% 51.83% 161.03%

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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 edr Net Loss Attributable To Parent Company Prior To Reorganization Transactions
NetLossAttributableToParentCompanyPriorToReorganizationTransactions
0
CY2021 edr Net Loss Attributable To Parent Company Prior To Reorganization Transactions
NetLossAttributableToParentCompanyPriorToReorganizationTransactions
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CY2020 edr Net Loss Attributable To Parent Company Prior To Reorganization Transactions
NetLossAttributableToParentCompanyPriorToReorganizationTransactions
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
0
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
262119930
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
287707832
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
262119930
CY2022 us-gaap Profit Loss
ProfitLoss
321664000
CY2021 us-gaap Profit Loss
ProfitLoss
-467479000
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2381000
CY2022 edr Reclassification Of Foreign Currency Translation Gain Loss To Net Income Loss For Business Divestiture
ReclassificationOfForeignCurrencyTranslationGainLossToNetIncomeLossForBusinessDivestiture
-127000
CY2021 edr Reclassification Of Foreign Currency Translation Gain Loss To Net Income Loss For Business Divestiture
ReclassificationOfForeignCurrencyTranslationGainLossToNetIncomeLossForBusinessDivestiture
0
CY2020 edr Reclassification Of Foreign Currency Translation Gain Loss To Net Income Loss For Business Divestiture
ReclassificationOfForeignCurrencyTranslationGainLossToNetIncomeLossForBusinessDivestiture
4231000
CY2020 us-gaap Profit Loss
ProfitLoss
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CY2022 edr Unrealized Gains Losses On Forward Foreign Exchange Contracts
UnrealizedGainsLossesOnForwardForeignExchangeContracts
1093000
CY2021 edr Unrealized Gains Losses On Forward Foreign Exchange Contracts
UnrealizedGainsLossesOnForwardForeignExchangeContracts
-185000
CY2020 edr Unrealized Gains Losses On Forward Foreign Exchange Contracts
UnrealizedGainsLossesOnForwardForeignExchangeContracts
387000
CY2022 edr Reclassification Of Gains Losses To Net Income Loss For Forward Foreign Exchange Contracts
ReclassificationOfGainsLossesToNetIncomeLossForForwardForeignExchangeContracts
-842000
CY2021 edr Reclassification Of Gains Losses To Net Income Loss For Forward Foreign Exchange Contracts
ReclassificationOfGainsLossesToNetIncomeLossForForwardForeignExchangeContracts
-708000
CY2020 edr Reclassification Of Gains Losses To Net Income Loss For Forward Foreign Exchange Contracts
ReclassificationOfGainsLossesToNetIncomeLossForForwardForeignExchangeContracts
59000
CY2022 edr Comprehensive Income Loss Net Of Tax
ComprehensiveIncomeLossNetOfTax
429578000
CY2021 edr Comprehensive Income Loss Net Of Tax
ComprehensiveIncomeLossNetOfTax
-412228000
CY2020 edr Comprehensive Income Loss Net Of Tax
ComprehensiveIncomeLossNetOfTax
-690700000
CY2022 edr Comprehensive Income Loss Attributable To Noncontrolling Interests
ComprehensiveIncomeLossAttributableToNoncontrollingInterests
239729000
CY2021 edr Comprehensive Income Loss Attributable To Noncontrolling Interests
ComprehensiveIncomeLossAttributableToNoncontrollingInterests
-125478000
CY2020 edr Comprehensive Income Loss Attributable To Noncontrolling Interests
ComprehensiveIncomeLossAttributableToNoncontrollingInterests
29616000
CY2022 edr Comprehensive Loss Attributable To Parent Prior To The Reorganization Transactions
ComprehensiveLossAttributableToParentPriorToTheReorganizationTransactions
0
CY2021 edr Comprehensive Loss Attributable To Parent Prior To The Reorganization Transactions
ComprehensiveLossAttributableToParentPriorToTheReorganizationTransactions
-12021000
CY2020 edr Comprehensive Loss Attributable To Parent Prior To The Reorganization Transactions
ComprehensiveLossAttributableToParentPriorToTheReorganizationTransactions
-720316000
CY2022 edr Comprehensive Income Loss Attributable To Endeavor Group Holdings Inc
ComprehensiveIncomeLossAttributableToEndeavorGroupHoldingsInc
189849000
CY2021 edr Comprehensive Income Loss Attributable To Endeavor Group Holdings Inc
ComprehensiveIncomeLossAttributableToEndeavorGroupHoldingsInc
-274729000
CY2020 edr Comprehensive Income Loss Attributable To Endeavor Group Holdings Inc
ComprehensiveIncomeLossAttributableToEndeavorGroupHoldingsInc
0
CY2021Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
2121463000
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
425295000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
205537000
CY2022 us-gaap Dividends
Dividends
36386000
CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-83224000
CY2022 edr Stock Issued During Period For Issuance Of Common Stock Due To Acquisition Value
StockIssuedDuringPeriodForIssuanceOfCommonStockDueToAcquisitionValue
70254000
CY2022 edr Establishment And Acquisition Of Noncontrolling Interests
EstablishmentAndAcquisitionOfNoncontrollingInterests
346495000
CY2022 edr Non Controlling Interests For Sale Of Businesses
NonControllingInterestsForSaleOfBusinesses
3240000
CY2022 edr Adjustments To Additional Paid In Capital Tax Receivable Agreements In Connection With Exchanges
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementsInConnectionWithExchanges
819000
CY2022Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3053493000
CY2020Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
963976000
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
458000
CY2021 edr Reclassification To Redeemable Equity
ReclassificationToRedeemableEquity
452000
CY2021 edr Non Controlling Interests For Sale Of Businesses
NonControllingInterestsForSaleOfBusinesses
-2808000
CY2021Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
2121463000
CY2019Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
1687583000
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-667561000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
79351000
CY2020 edr Contribution
Contribution
47656000
CY2020 us-gaap Dividends
Dividends
187643000
CY2020 edr Accretion Of Redeemable Non Controlling Interest
AccretionOfRedeemableNonControllingInterest
10620000
CY2020 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-13861000
CY2020 edr Establishment And Acquisition Of Noncontrolling Interests
EstablishmentAndAcquisitionOfNoncontrollingInterests
3635000
CY2020 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
1747000
CY2020 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
17698000
CY2020 edr Put Right Exercises Modifications And Cancellations
PutRightExercisesModificationsAndCancellations
8262000
CY2020 edr Reclassification To Redeemable Equity
ReclassificationToRedeemableEquity
-18214000
CY2020Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
963976000
CY2022 us-gaap Profit Loss
ProfitLoss
321664000
CY2021 us-gaap Profit Loss
ProfitLoss
-467479000
CY2020 us-gaap Profit Loss
ProfitLoss
-625318000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
266775000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
282883000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
310883000
CY2022 edr Amortization Andwriteoffof Original Issue Discount And Deferred Financing Cost
AmortizationAndwriteoffofOriginalIssueDiscountAndDeferredFinancingCost
22356000
CY2021 edr Amortization Andwriteoffof Original Issue Discount And Deferred Financing Cost
AmortizationAndwriteoffofOriginalIssueDiscountAndDeferredFinancingCost
38979000
CY2022 edr Amortization Of Content Costs
AmortizationOfContentCosts
23202000
CY2021 edr Amortization Of Content Costs
AmortizationOfContentCosts
584871000
CY2020 edr Amortization Of Content Costs
AmortizationOfContentCosts
38283000
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
689000
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4524000
CY2022 edr Gain On Business Acquisition And Deconsolidation
GainOnBusinessAcquisitionAndDeconsolidation
508439000
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
832000
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
7662000
CY2021 edr Gain On Business Acquisition And Deconsolidation
GainOnBusinessAcquisitionAndDeconsolidation
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CY2020 edr Gain On Business Acquisition And Deconsolidation
GainOnBusinessAcquisitionAndDeconsolidation
30999000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
210163000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
532467000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
91271000
CY2021 edr Change In Fair Value Of Equity Investments With And Without Readily Determinable Fair Value
ChangeInFairValueOfEquityInvestmentsWithAndWithoutReadilyDeterminableFairValue
14108000
CY2020 edr Amortization Andwriteoffof Original Issue Discount And Deferred Financing Cost
AmortizationAndwriteoffofOriginalIssueDiscountAndDeferredFinancingCost
22732000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
220477000
CY2020 edr Change In Fair Value Of Equity Investments With And Without Readily Determinable Fair Value
ChangeInFairValueOfEquityInvestmentsWithAndWithoutReadilyDeterminableFairValue
-316000
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-6250000
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
28628000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-36144000
CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
3486000
CY2022 edr Equity Losses From Affiliates
EquityLossesFromAffiliates
223604000
CY2021 edr Equity Losses From Affiliates
EquityLossesFromAffiliates
72733000
CY2020 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
12471000
CY2022 edr Change In Fair Value Of Contingent Liabilities
ChangeInFairValueOfContingentLiabilities
-2373000
CY2021 edr Change In Fair Value Of Contingent Liabilities
ChangeInFairValueOfContingentLiabilities
-16204000
CY2020 edr Change In Fair Value Of Contingent Liabilities
ChangeInFairValueOfContingentLiabilities
3671000
CY2022 edr Change In Fair Value Of Equity Investments With And Without Readily Determinable Fair Value
ChangeInFairValueOfEquityInvestmentsWithAndWithoutReadilyDeterminableFairValue
12240000
CY2020 edr Equity Losses From Affiliates
EquityLossesFromAffiliates
260094000
CY2022 edr Netbenefit Provision For Allowance For Doubtful Accounts
NetbenefitProvisionForAllowanceForDoubtfulAccounts
-422000
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4953000
CY2021 edr Netbenefit Provision For Allowance For Doubtful Accounts
NetbenefitProvisionForAllowanceForDoubtfulAccounts
-7814000
CY2020 edr Netbenefit Provision For Allowance For Doubtful Accounts
NetbenefitProvisionForAllowanceForDoubtfulAccounts
38542000
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-20189000
CY2020 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022 edr Distributions From Affiliates
DistributionsFromAffiliates
7433000
CY2021 edr Distributions From Affiliates
DistributionsFromAffiliates
5786000
CY2020 edr Distributions From Affiliates
DistributionsFromAffiliates
9405000
CY2022 edr Adjustment Related To Tax Receivable Agreement
AdjustmentRelatedToTaxReceivableAgreement
873264000
CY2021 edr Adjustment Related To Tax Receivable Agreement
AdjustmentRelatedToTaxReceivableAgreement
101736000
CY2020 edr Adjustment Related To Tax Receivable Agreement
AdjustmentRelatedToTaxReceivableAgreement
0
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-708598000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-73755000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13401000
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
189000
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1343000
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2225000
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
278199000
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
351585000
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
79563000
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
90196000
CY2020 us-gaap Increase Decrease In Other Current Assets
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CY2022 edr Increase In Other Assets
IncreaseInOtherAssets
45130000
CY2021 edr Increase In Other Assets
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800944000
CY2020 edr Increase In Other Assets
IncreaseInOtherAssets
268918000
CY2022 us-gaap Increase Decrease In Deferred Liabilities
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-20116000
CY2021 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-18108000
CY2020 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
80984000
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
55097000
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
115177000
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-43252000
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
55003000
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
215794000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-87489000
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
68600000
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
125714000
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-207066000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
502934000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
333599000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
161218000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1434515000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
436372000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
317929000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
147964000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
99802000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71651000
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
924751000
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4037000
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
21993000
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
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CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
52273000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-3255000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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4845000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
602703000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
304260000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1793036000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1190333000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
886073000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1045993000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1793036000
CY2020 edr Proceeds From Issuance Initial Public Offerings
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0
CY2022 us-gaap Proceeds From Payments To Minority Shareholders
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CY2021 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
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CY2020 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0
CY2021 us-gaap Payments To Acquire Investments
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154104000
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
37644000
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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-9205000
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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-704535000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Issuance Of Debt
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15648000
CY2021 us-gaap Proceeds From Issuance Of Debt
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1052703000
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2022 us-gaap Repayments Of Debt
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593712000
CY2021 us-gaap Repayments Of Debt
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1087393000
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
568733000
CY2022 us-gaap Proceeds From Partnership Contribution
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0
CY2021 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
5550000
CY2020 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
0
CY2022 us-gaap Payments Of Dividends
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36386000
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
9175000
CY2020 us-gaap Payments Of Dividends
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123173000
CY2022 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-9412000
CY2021 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-40320000
CY2020 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-53856000
CY2022 edr Stock Options Exercised
StockOptionsExercised
0
CY2021 edr Stock Options Exercised
StockOptionsExercised
458000
CY2020 edr Stock Options Exercised
StockOptionsExercised
0
CY2022 edr Proceeds From Issuance Initial Public Offerings
ProceedsFromIssuanceInitialPublicOfferings
0
CY2021 edr Proceeds From Issuance Initial Public Offerings
ProceedsFromIssuanceInitialPublicOfferings
1886643000
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
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18107000
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2219000
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2320000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-427000
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10389000
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16199000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-549909000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
960175000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
453989000
CY2022 edr Change In Cash Cash Equivalents And Restricted Cash Balances As Held For Sale
ChangeInCashCashEquivalentsAndRestrictedCashBalancesAsHeldForSale
24599000
CY2021 edr Change In Cash Cash Equivalents And Restricted Cash Balances As Held For Sale
ChangeInCashCashEquivalentsAndRestrictedCashBalancesAsHeldForSale
-28736000
CY2020 edr Change In Cash Cash Equivalents And Restricted Cash Balances As Held For Sale
ChangeInCashCashEquivalentsAndRestrictedCashBalancesAsHeldForSale
0
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-20132000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1190333000
CY2022 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
1
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-left:5.067%;text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Reclassification</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain reclassifications have been made to the prior periods’ consolidated financial statements in order to conform to the current period presentation. These reclassifications did not impact any prior amounts of net income (loss) or cash flows.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-left:5.067%;text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Use of Estimates</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:6.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying disclosures.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:5.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, allowance for doubtful accounts, content cost amortization and impairment, the fair value of acquired assets and liabilities associated with acquisitions, the fair value of the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, consolidation, investments, redeemable non-controlling interests, the fair value of equity-based compensation, tax receivable agreement liability, income taxes and contingencies.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:5.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Management evaluates these estimates using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s consolidated financial statements in future periods.</span></p>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-left:5.067%;text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Concentration of Credit Risk</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are maintained with various major banks and other high-quality financial institutions. The Company periodically evaluates the relative credit standings of these banks and financial institutions. The Company’s accounts receivable are typically unsecured and concentrations of credit risk with respect to accounts receivable are limited due to the large number of individuals and entities comprising the Company’s client base.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><span style="font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">As of </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">December 31, 2022 and 2021, no single customer accounted for 10% or more of the Company’s accounts receivable. For the years ended December 31, 2022, 2021 and 2020, there was one customer w</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">ho accounted for more than 10% of the Company’s revenue.</span></span>
CY2022 edr Concentration Of Credit Risk Description
ConcentrationOfCreditRiskDescription
As of December 31, 2022 and 2021, no single customer accounted for 10% or more of the Company’s accounts receivable. For the years ended December 31, 2022, 2021 and 2020, there was one customer who accounted for more than 10% of the Company’s revenue.
CY2022 edr Payment To Tax Receivable Agreement Percentage
PaymentToTaxReceivableAgreementPercentage
0.85
CY2022 us-gaap Interest Paid Net
InterestPaidNet
242972000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
190333000
CY2022 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
27800000
CY2021 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
17200000
CY2020 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
2100000
CY2022 edr Recentaccountingpronouncementsnotyetadoptedpolicytextblock
Recentaccountingpronouncementsnotyetadoptedpolicytextblock
<p style="margin-left:5.067%;text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Recently Issued Accounting Pronouncements</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method. This ASU clarifies the guidance in ASC 815 on fair value hedge accounting of interest rate risk for portfolios of financial assets, expanding the scope of this guidance to allow entities to apply the portfolio layer method to portfolios of all financial assets, including both prepayable and nonprepayable financial assets. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In March 2022, the FASB issued ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates the accounting guidance on troubled debt restructurings (TDRs) for creditors in ASC 310-40 and amends the guidance on "vintage disclosures" to require disclosure of current-period gross write-offs by year of origination. The ASU also updates the requirements related to accounting for credit losses under ASC 326 and adds enhanced disclosures for creditors with respect to loan refinancings and restructurings for borrowers experiencing financial difficulty. For entities that have already adopted ASU 2016-13, which the Company has, the amendments in this update are effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In June 2022, the FASB issued ASU 2022-03, Fair Value Measurements (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This ASU clarifies the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of that security. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In September 2022, the FASB issued ASU 2022-04, Liabilities–Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. This ASU enhances the transparency of supplier finance programs. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In December 2022, the FASB issued ASU 2022-05, Transition for Sold Contracts. This ASU amends the transition guidance in ASU 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts, to make targeted improvements to its guidance on long-duration contracts issued by an insurance entity. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations.</span></p><p style="margin-left:5.067%;text-indent:4.354%;font-size:10.0pt;margin-top:5.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. Adoption of the expedients and exceptions is permitted upon issuance of this update through December 31, 2022. However, in December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848, in order to defer the sunset date of ASC 848 until December 31, 2024. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements.</span></p>
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
16600000
CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
463600000
CY2022 edr Gain Related To The Remeasurement Of Retained Interest
GainRelatedToTheRemeasurementOfRetainedInterest
121100000
CY2022 edr Transaction Costs
TransactionCosts
15000000.0
CY2020Q1 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
8100000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1207872000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1073751000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
511570000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
443944000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
696302000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
629807000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
241577000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
44528000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
34306000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
33625000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
32940000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10609000
CY2022Q4 edr Accrued Operating Expenses
AccruedOperatingExpenses
254737000
CY2021Q4 edr Accrued Operating Expenses
AccruedOperatingExpenses
302024000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
176315000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
162688000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
94187000
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
59349000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
525239000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
524061000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
57102000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14639000
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
15061000
CY2022 edr Allowance For Doubtful Accounts Receivable Foreign Exchange
AllowanceForDoubtfulAccountsReceivableForeignExchange
-1914000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
54766000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
67975000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6384000
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
14198000
CY2021 edr Allowance For Doubtful Accounts Receivable Foreign Exchange
AllowanceForDoubtfulAccountsReceivableForeignExchange
-603000
CY2021 edr Allowance For Doubtful Accounts Held For Sale
AllowanceForDoubtfulAccountsHeldForSale
-2456000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
57102000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
32139000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
44547000
CY2020 edr Allowance For Doubtful Accounts Receivable Foreign Exchange
AllowanceForDoubtfulAccountsReceivableForeignExchange
1014000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
67975000
CY2021Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
858933000
CY2022 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
-685975000
CY2022Q4 edr Valuation Allowance Deferred Tax Asset Foreign Exchange
ValuationAllowanceDeferredTaxAssetForeignExchange
-1282000
CY2022Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
171676000
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
115556000
CY2021 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
743506000
CY2021Q4 edr Valuation Allowance Deferred Tax Asset Foreign Exchange
ValuationAllowanceDeferredTaxAssetForeignExchange
-129000
CY2021Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
858933000
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
169010000
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
-53819000
CY2020Q4 edr Valuation Allowance Deferred Tax Asset Foreign Exchange
ValuationAllowanceDeferredTaxAssetForeignExchange
365000
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
115556000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2173000
CY2022 edr Contingent Consideration Provided In Connection With Acquisitions
ContingentConsiderationProvidedInConnectionWithAcquisitions
1500000
CY2021 edr Contingent Consideration Provided In Connection With Acquisitions
ContingentConsiderationProvidedInConnectionWithAcquisitions
4245000
CY2020 edr Contingent Consideration Provided In Connection With Acquisitions
ContingentConsiderationProvidedInConnectionWithAcquisitions
9947000
CY2022 edr Establishment And Acquisition Of Noncontrolling Interests Value
EstablishmentAndAcquisitionOfNoncontrollingInterestsValue
414985000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2598636000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-1415382000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1183254000
CY2022Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
447559000
CY2021Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
340029000
CY2021Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
340029000
CY2021 edr Establishment And Acquisition Of Noncontrolling Interests Value
EstablishmentAndAcquisitionOfNoncontrollingInterestsValue
3087301000
CY2020 edr Establishment And Acquisition Of Noncontrolling Interests Value
EstablishmentAndAcquisitionOfNoncontrollingInterestsValue
3635000
CY2022 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
819000
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
32081000
CY2020 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0
CY2022 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
83225000
CY2021 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
36243000
CY2020 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
10620000
CY2022 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
202220000
CY2021 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
0
CY2020 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
0
CY2022 edr Deferred Consideration In Connection With Acquisitions
DeferredConsiderationInConnectionWithAcquisitions
31770000
CY2021 edr Deferred Consideration In Connection With Acquisitions
DeferredConsiderationInConnectionWithAcquisitions
0
CY2020 edr Deferred Consideration In Connection With Acquisitions
DeferredConsiderationInConnectionWithAcquisitions
0
CY2022 edr Accrued Redemption Of Units Included In Accrued Liabilities And Other Current Liabilities
AccruedRedemptionOfUnitsIncludedInAccruedLiabilitiesAndOtherCurrentLiabilities
0
CY2021 edr Accrued Redemption Of Units Included In Accrued Liabilities And Other Current Liabilities
AccruedRedemptionOfUnitsIncludedInAccruedLiabilitiesAndOtherCurrentLiabilities
0
CY2020 edr Accrued Redemption Of Units Included In Accrued Liabilities And Other Current Liabilities
AccruedRedemptionOfUnitsIncludedInAccruedLiabilitiesAndOtherCurrentLiabilities
49070000
CY2022 us-gaap Stock Issued1
StockIssued1
0
CY2021 us-gaap Stock Issued1
StockIssued1
0
CY2020 us-gaap Stock Issued1
StockIssued1
47656000
CY2022 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
0
CY2021 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
0
CY2020 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
17092000
CY2020Q4 us-gaap Goodwill
Goodwill
4181179000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
343874000
CY2021 edr Goodwill Divestiture During Period
GoodwillDivestitureDuringPeriod
-2478000
CY2021 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
4524000
CY2021 edr Goodwill Assets Held For Sale
GoodwillAssetsHeldForSale
-10812000
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-685000
CY2021Q4 us-gaap Goodwill
Goodwill
4506554000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
861956000
CY2022 edr Goodwill Divestiture During Period
GoodwillDivestitureDuringPeriod
-100354000
CY2022 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
689000
CY2022 edr Goodwill Assets Held For Sale
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CY2022Q4 us-gaap Goodwill
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CY2022Q4 us-gaap Indefinite Lived Trade Names
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CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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CY2021Q4 edr Equity Investments With Readily Determinable Fair Values
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CY2022Q4 us-gaap Investments
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CY2020Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
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CY2021Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
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CY2022 edr Share Based Compensation By Share Based Payment Award Options And Equity Instruments Other Than Options Vested In Period Grant Date Fair Value
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2022 edr Additional Shares Assuming Redemption Of Redeemable Non Controlling Interests
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CY2022 edr Effective Income Tax Reconciliation Permanent Differences
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
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