2022 Q3 Form 10-Q Financial Statement

#000187278922000015 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $274.6M $291.1M $274.5M
YoY Change -76.43% -1.32% -3.41%
Cost Of Revenue $97.90M $88.20M $83.30M
YoY Change -73.18% -4.55% -5.23%
Gross Profit $176.7M $202.9M $191.2M
YoY Change -77.91% 0.15% -2.6%
Gross Profit Margin 64.35% 69.7% 69.65%
Selling, General & Admin $82.70M $83.80M $66.90M
YoY Change -65.54% 38.51% 19.89%
% of Gross Profit 46.8% 41.3% 34.99%
Research & Development $18.20M $14.30M $18.00M
YoY Change -71.11% -8.92% 27.66%
% of Gross Profit 10.3% 7.05% 9.41%
Depreciation & Amortization $7.500M $9.100M $6.700M
YoY Change -73.87% -54.73% -34.31%
% of Gross Profit 4.24% 4.48% 3.5%
Operating Expenses $108.3M $105.8M $92.30M
YoY Change -64.84% 35.12% 32.05%
Operating Profit $68.40M $97.10M $98.90M
YoY Change -86.1% -21.88% -21.76%
Interest Expense -$21.80M -$19.50M $4.900M
YoY Change
% of Operating Profit -31.87% -20.08% 4.95%
Other Income/Expense, Net -$2.700M -$4.000M -$100.0K
YoY Change -190.0% -766.67% -104.76%
Pretax Income -$27.50M $73.60M $93.90M
YoY Change -105.56% -41.07% -26.93%
Income Tax -$10.30M $11.20M $14.30M
% Of Pretax Income 15.22% 15.23%
Net Earnings -$17.20M $62.40M $79.60M
YoY Change -104.14% -40.4% -26.23%
Net Earnings / Revenue -6.26% 21.44% 29.0%
Basic Earnings Per Share $1.08 $1.38
Diluted Earnings Per Share -$314.4K $1.07 $1.38
COMMON SHARES
Basic Shares Outstanding 57.84M shares 57.80M shares 57.80M shares
Diluted Shares Outstanding 58.21M shares 57.80M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $330.9M $292.3M $264.3M
YoY Change
Cash & Equivalents $330.9M $292.3M $264.3M
Short-Term Investments
Other Short-Term Assets $77.90M $38.80M $24.60M
YoY Change 235.78%
Inventory $122.8M $130.3M $122.4M
Prepaid Expenses
Receivables $22.20M $22.20M $15.20M
Other Receivables $110.9M $97.00M $0.00
Total Short-Term Assets $664.7M $580.6M $426.5M
YoY Change 127.79%
LONG-TERM ASSETS
Property, Plant & Equipment $307.9M $380.3M $355.7M
YoY Change -31.73%
Goodwill $15.70M $15.70M $15.70M
YoY Change 0.64%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $89.20M $68.50M $16.60M
YoY Change 689.38%
Total Long-Term Assets $421.7M $469.2M $407.0M
YoY Change -15.01%
TOTAL ASSETS
Total Short-Term Assets $664.7M $580.6M $426.5M
Total Long-Term Assets $421.7M $469.2M $407.0M
Total Assets $1.086B $1.050B $833.5M
YoY Change 37.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.40M $64.30M $50.80M
YoY Change -23.62%
Accrued Expenses $104.3M $89.60M $76.60M
YoY Change 27.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.500M $9.500M $9.500M
YoY Change
Total Short-Term Liabilities $301.0M $228.5M $168.9M
YoY Change 83.54%
LONG-TERM LIABILITIES
Long-Term Debt $1.598B $1.599B $1.404B
YoY Change
Other Long-Term Liabilities $4.300M $3.900M
YoY Change
Total Long-Term Liabilities $1.598B $1.599B $1.404B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $301.0M $228.5M $168.9M
Total Long-Term Liabilities $1.598B $1.599B $1.404B
Total Liabilities $1.899B $1.828B $1.573B
YoY Change 1057.99%
SHAREHOLDERS EQUITY
Retained Earnings -$577.1M -$556.0M
YoY Change
Common Stock $600.0K $600.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$891.4M -$847.6M -$967.5M
YoY Change
Total Liabilities & Shareholders Equity $1.086B $1.050B $833.5M
YoY Change 37.87%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$17.20M $62.40M $79.60M
YoY Change -104.14% -40.4% -26.23%
Depreciation, Depletion And Amortization $7.500M $9.100M $6.700M
YoY Change -73.87% -54.73% -34.31%
Cash From Operating Activities $58.00M $32.80M $182.6M
YoY Change -82.67% -86.85% 52.55%
INVESTING ACTIVITIES
Capital Expenditures -$8.600M -$5.300M -$5.800M
YoY Change -68.27% -62.14% -192.06%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$8.600M -$5.300M -$5.800M
YoY Change -68.27% -62.14% -7.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.100M 3.300M 90.30M
YoY Change -97.69% -101.4% -179.63%
NET CHANGE
Cash From Operating Activities 58.00M 32.80M 182.6M
Cash From Investing Activities -8.600M -5.300M -5.800M
Cash From Financing Activities -7.100M 3.300M 90.30M
Net Change In Cash 42.30M 30.80M 267.1M
YoY Change 31199290735094250.0% -258375172243603600.0%
FREE CASH FLOW
Cash From Operating Activities $58.00M $32.80M $182.6M
Capital Expenditures -$8.600M -$5.300M -$5.800M
Free Cash Flow $66.60M $38.10M $188.4M
YoY Change -81.59% -85.54% 66.14%

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usd
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
600000 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
5800000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-556000000.0 usd
CY2021Q3 embc Net Parent Investment
NetParentInvestment
864800000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-298000000.0 usd
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-270500000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-847600000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
594300000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1049800000 usd
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
788000000.0 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
580700000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
104700000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 usd
CY2021Q2 embc Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
108700000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
576700000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-967500000 usd
CY2022Q2 embc Net Parent Investment Net Transfers To Parent Including Separation Adjustments
NetParentInvestmentNetTransfersToParentIncludingSeparationAdjustments
-73100000 usd
CY2022Q2 embc Stock Issued During Period Value New Issues And Reclassification Of Net Parent Investment
StockIssuedDuringPeriodValueNewIssuesAndReclassificationOfNetParentInvestment
0 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
62400000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-21400000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5800000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-847600000 usd
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
572200000 usd
us-gaap Net Income Loss
NetIncomeLoss
317900000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3700000 usd
embc Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
309700000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
576700000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
594300000 usd
us-gaap Net Income Loss
NetIncomeLoss
240800000 usd
embc Net Parent Investment Net Transfers To Parent Including Separation Adjustments
NetParentInvestmentNetTransfersToParentIncludingSeparationAdjustments
385200000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-37300000 usd
embc Net Parent Investment Consideration Paid For Separation
NetParentInvestmentConsiderationPaidForSeparation
1266000000 usd
embc Stock Issued During Period Value New Issues And Reclassification Of Net Parent Investment
StockIssuedDuringPeriodValueNewIssuesAndReclassificationOfNetParentInvestment
0 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5800000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-847600000 usd
us-gaap Net Income Loss
NetIncomeLoss
240800000 usd
us-gaap Net Income Loss
NetIncomeLoss
317900000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24200000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29400000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1900000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
13800000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
14300000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9600000 usd
us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
6400000 usd
us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
7000000.0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
400000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-123600000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
23600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16700000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
99600000 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25800000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4000000.0 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
41400000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8300000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
25900000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
19100000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
10800000 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
0 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
5800000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
4400000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7700000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-200000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
354200000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
370800000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15000000.0 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24000000.0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
400000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1900000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15400000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25900000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1450000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2400000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
33300000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
embc Payment Of Revolving Credit Facility Fees
PaymentOfRevolvingCreditFacilityFees
5600000 usd
embc Payment Of Revolving Credit Facility Fees
PaymentOfRevolvingCreditFacilityFees
0 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
900000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
embc Payment For Spinoff Transaction Financing Activities
PaymentForSpinoffTransactionFinancingActivities
1266000000 usd
embc Payment For Spinoff Transaction Financing Activities
PaymentForSpinoffTransactionFinancingActivities
0 usd
embc Net Transfers To Parent Financing Activities
NetTransfersToParentFinancingActivities
182700000 usd
embc Net Transfers To Parent Financing Activities
NetTransfersToParentFinancingActivities
344900000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-40900000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-344900000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-5600000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
292300000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
0 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292300000 usd
us-gaap Nature Of Operations
NatureOfOperations
Background<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Embecta ("embecta" or the "Company") is a leading global medical device company focused on providing solutions to improve the health and well-being of people living with diabetes. The Company has a broad portfolio of marketed products, including a variety of pen needles, syringes and safety devices, which are complemented by proprietary digital applications designed to assist people with managing their diabetes. The Company primarily sells products to wholesalers and distributors, which in turn sell such products to customers in primarily retail and institutional channels.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#2b2a29;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On April 1, 2022, embecta and Becton, Dickinson and Company ("BD") entered into a Separation and Distribution Agreement (the "Separation and Distribution Agreement"). Pursuant to the Separation and Distribution Agreement, BD agreed to spin off its diabetes care business ("Diabetes Care Business") into embecta, a new, publicly traded company (the "Separation"). </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#2b2a29;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Separation occurred by means of a pro-rata distribution of all of embecta’s issued and outstanding shares of common stock on the basis of one share of embecta common stock, par value $0.01 per share, for every five shares of BD common stock, par value $1.00 per share, held as of the close of business on March 22, 2022, the record date for the distribution. embecta is now a standalone publicly traded company and, on April 1, 2022, regular-way trading of embecta common stock commenced on the Nasdaq Global Select Market under the ticker symbol "EMBC".</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#2b2a29;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In connection with the Separation, BD and embecta entered into various agreements to provide a framework for the relationship between BD and embecta after the Separation, including, but not limited to, a separation and distribution agreement, a transition services agreement, a tax matters agreement, an employee matters agreement, a cannula supply agreement, contract manufacturing agreements, an intellectual property matters agreement, a logistics services agreement, distribution agreements, factoring and receivables agreements, local support and service agreements and other transaction documents.</span></div>
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates or assumptions affect reported assets, liabilities, revenues and expenses, including determining the allocation of shared costs and expenses from BD, depreciable and amortizable lives, sales returns and allowances, rebate accruals, inventory reserves and taxes on income as reflected in the Condensed Consolidated Financial Statements. Actual results could differ from these estimates.
CY2021Q2 embc General Corporate Expenses
GeneralCorporateExpenses
28900000 usd
embc General Corporate Expenses
GeneralCorporateExpenses
53100000 usd
embc General Corporate Expenses
GeneralCorporateExpenses
85300000 usd
CY2021Q2 embc Net Parent Investment Cash Pooling And General Financing Activities
NetParentInvestmentCashPoolingAndGeneralFinancingActivities
170200000 usd
CY2021Q2 embc Net Parent Investment Corporate And Segment Allocations Excluding Non Cash Share Based Compensation
NetParentInvestmentCorporateAndSegmentAllocationsExcludingNonCashShareBasedCompensation
28400000 usd
CY2021Q2 embc Net Parent Investment Taxes Deemed Settled With Parent
NetParentInvestmentTaxesDeemedSettledWithParent
19800000 usd
CY2021Q2 embc Net Parent Investment Transfers Reflected As Cash Flows From Financing Activities
NetParentInvestmentTransfersReflectedAsCashFlowsFromFinancingActivities
122000000.0 usd
CY2021Q2 embc Net Parent Investment Share Based Compensation Expense
NetParentInvestmentShareBasedCompensationExpense
2900000 usd
CY2021Q2 embc Net Parent Investment Pension Expense
NetParentInvestmentPensionExpense
2100000 usd
CY2021Q2 embc Net Parent Investment Other Transfers To From Parent Net
NetParentInvestmentOtherTransfersToFromParentNet
-8300000 usd
CY2021Q2 embc Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
108700000 usd
embc Net Parent Investment Cash Pooling And General Financing Activities
NetParentInvestmentCashPoolingAndGeneralFinancingActivities
255900000 usd
embc Net Parent Investment Cash Pooling And General Financing Activities
NetParentInvestmentCashPoolingAndGeneralFinancingActivities
473300000 usd
embc Net Parent Investment Corporate And Segment Allocations Excluding Non Cash Share Based Compensation
NetParentInvestmentCorporateAndSegmentAllocationsExcludingNonCashShareBasedCompensation
50400000 usd
embc Net Parent Investment Corporate And Segment Allocations Excluding Non Cash Share Based Compensation
NetParentInvestmentCorporateAndSegmentAllocationsExcludingNonCashShareBasedCompensation
82100000 usd
embc Net Parent Investment Taxes Deemed Settled With Parent
NetParentInvestmentTaxesDeemedSettledWithParent
16200000 usd
embc Net Parent Investment Taxes Deemed Settled With Parent
NetParentInvestmentTaxesDeemedSettledWithParent
46300000 usd
embc Net Parent Investment Separation Related Adjustments
NetParentInvestmentSeparationRelatedAdjustments
-6600000 usd
embc Net Parent Investment Separation Related Adjustments
NetParentInvestmentSeparationRelatedAdjustments
0 usd
embc Net Parent Investment Transfers Reflected As Cash Flows From Financing Activities
NetParentInvestmentTransfersReflectedAsCashFlowsFromFinancingActivities
182700000 usd
embc Net Parent Investment Transfers Reflected As Cash Flows From Financing Activities
NetParentInvestmentTransfersReflectedAsCashFlowsFromFinancingActivities
344900000 usd
embc Net Parent Investment Share Based Compensation Expense
NetParentInvestmentShareBasedCompensationExpense
8500000 usd
embc Net Parent Investment Share Based Compensation Expense
NetParentInvestmentShareBasedCompensationExpense
9600000 usd
embc Net Parent Investment Pension Expense
NetParentInvestmentPensionExpense
3600000 usd
embc Net Parent Investment Pension Expense
NetParentInvestmentPensionExpense
7000000.0 usd
embc Net Parent Investment Consideration Paid For Separation
NetParentInvestmentConsiderationPaidForSeparation
1266000000 usd
embc Net Parent Investment Consideration Paid For Separation
NetParentInvestmentConsiderationPaidForSeparation
0 usd
embc Net Parent Investment Related Party Debt Issued
NetParentInvestmentRelatedPartyDebtIssued
197000000.0 usd
CY2021Q3 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
71700000 usd
us-gaap Net Income Loss
NetIncomeLoss
240800000 usd
embc Net Parent Investment Related Party Debt Issued
NetParentInvestmentRelatedPartyDebtIssued
0 usd
embc Net Parent Investment Other Transfers To From Parent Net
NetParentInvestmentOtherTransfersToFromParentNet
84100000 usd
embc Net Parent Investment Other Transfers To From Parent Net
NetParentInvestmentOtherTransfersToFromParentNet
-18600000 usd
embc Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
1717700000 usd
embc Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
309700000 usd
CY2022Q2 embc Separation And Standup Costs
SeparationAndStandupCosts
7700000 usd
embc Separation And Standup Costs
SeparationAndStandupCosts
23500000 usd
embc Separation And Standup Costs
SeparationAndStandupCosts
2100000 usd
CY2021Q2 embc Separation And Standup Costs
SeparationAndStandupCosts
2100000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
Contingencies The Company regularly monitors and evaluates the status of product liability and other legal matters, and may, from time-to-time, engage in settlement and mediation discussions taking into consideration developments in the matters and the risks and uncertainties surrounding litigation. These discussions could result in settlements of one or more of these claims at any time. The Company has not identified material legal matters where it believes an unfavorable, material outcome is probable and estimable and, therefore, no reserve is established. Although management currently believes that resolving claims against the Company, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. It is possible that an unfavorable outcome resulting from legal matters or other contingencies could have a material impact on the liquidity, results of operations or financial condition of the Company. Significant judgment is required in both the determination of probability of loss and the determination as to whether the amount can be reasonably estimated. Accruals are based only on information available at the time of the assessment, due to the uncertain nature of such matters. As additional information becomes available, management reassesses potential liabilities related to pending claims and litigation and may revise its previous estimates, which could materially affect the Company’s results of operations in a given period. The Company was not a party to any material legal proceedings at June 30, 2022 or September 30, 2021, nor is it a party to any material legal proceedings as of the date of issuance of these Condensed Consolidated Financial Statements.
CY2022Q2 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
39500000 usd
CY2022Q2 embc Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
73700000 usd
CY2021Q2 embc Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
64900000 usd
embc Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
219200000 usd
embc Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
208000000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1200000 usd
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1400000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
291100000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
295000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
854900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
864500000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
6900000 usd
CY2022Q2 embc Share Based Payment Arrangement Plan Modification Expense Recognized
ShareBasedPaymentArrangementPlanModificationExpenseRecognized
800000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6100000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y9M
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5800000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2900000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9600000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1100000 usd
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3100000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2300000 usd
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1647600000 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
9500000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
38900000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1599200000 usd
us-gaap Net Income Loss
NetIncomeLoss
317900000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
104700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9300000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18300000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
15700000 usd
CY2021Q3 us-gaap Goodwill
Goodwill
15600000 usd
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
25000000.0 usd
CY2021Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
33900000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2400000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9500000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9500000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9500000 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
9500000 usd
CY2022Q2 embc Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1607300000 usd
CY2022Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
57797841 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
62400000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292300000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
292300000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57802000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57798000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57799000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57798000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
405000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
405000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58207000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57798000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58204000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57798000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.81
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.50
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.50
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.160
CY2022Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12300000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
36100000 usd
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22200000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
36100000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
795400000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
891700000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
419700000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
440700000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
375700000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
451000000.0 usd
embc Property Plant And Equipment Net Period Increase Decrease
PropertyPlantAndEquipmentNetPeriodIncreaseDecrease
-75300000 usd
CY2022Q2 embc Lessee Finance Lease Area Of Premises Leased
LesseeFinanceLeaseAreaOfPremisesLeased
278000 sqft
CY2022Q2 us-gaap Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
P10Y
CY2022Q2 us-gaap Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
P5Y
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3600000 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
32900000 usd
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
36500000 usd
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
0 usd
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y9M18D
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.068
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4600000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4000000.0 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4600000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4000000.0 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
800000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1000000.0 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3900000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3000000.0 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4700000 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4000000.0 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.022
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
36700000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
900000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1200000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Year Two
LesseeLeaseLiabilityToBePaidYearTwo
4800000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3700000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
400000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Year Four
LesseeLeaseLiabilityToBePaidYearFour
4100000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
900000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
800000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Remainder Of Fiscal Year
LesseeLeaseLiabilityToBePaidRemainderOfFiscalYear
1700000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3600000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1200000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Year One
LesseeLeaseLiabilityToBePaidYearOne
4800000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3600000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1200000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Year Three
LesseeLeaseLiabilityToBePaidYearThree
4900000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
3700000 usd
CY2022Q2 embc Finance Lease Liability To Be Paid Due After Year Four
FinanceLeaseLiabilityToBePaidDueAfterYearFour
43900000 usd
CY2022Q2 embc Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
0 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid Due After Year Four
LesseeLeaseLiabilityToBePaidDueAfterYearFour
43900000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
59400000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4800000 usd
CY2022Q2 embc Lessee Lease Liability To Be Paid
LesseeLeaseLiabilityToBePaid
64200000 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
22900000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
100000 usd
CY2022Q2 embc Lessee Lease Liability Undiscounted Excess Amount
LesseeLeaseLiabilityUndiscountedExcessAmount
23000000.0 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
36500000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4700000 usd
CY2022Q2 embc Lessee Lease Liability
LesseeLeaseLiability
41200000 usd

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