2023 Q1 Form 10-Q Financial Statement
#000187278923000006 Filed on February 14, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
Revenue | $277.1M | $275.7M | $289.3M |
YoY Change | 0.95% | -4.7% | 1.4% |
Cost Of Revenue | $87.30M | $86.90M | $85.40M |
YoY Change | 4.8% | 1.76% | -9.15% |
Gross Profit | $189.8M | $188.8M | $203.9M |
YoY Change | -0.73% | -7.41% | 6.59% |
Gross Profit Margin | 68.5% | 68.48% | 70.48% |
Selling, General & Admin | $85.20M | $72.80M | $62.20M |
YoY Change | 27.35% | 17.04% | 16.92% |
% of Gross Profit | 44.89% | 38.56% | 30.51% |
Research & Development | $22.10M | $16.90M | $16.70M |
YoY Change | 22.78% | 1.2% | 19.29% |
% of Gross Profit | 11.64% | 8.95% | 8.19% |
Depreciation & Amortization | $8.000M | $7.200M | $8.400M |
YoY Change | 19.4% | -14.29% | -9.68% |
% of Gross Profit | 4.21% | 3.81% | 4.12% |
Operating Expenses | $134.2M | $100.0M | $87.30M |
YoY Change | 45.4% | 14.55% | 29.91% |
Operating Profit | $55.60M | $88.80M | $116.6M |
YoY Change | -43.78% | -23.84% | -6.04% |
Interest Expense | -$26.80M | -$25.60M | $0.00 |
YoY Change | -646.94% | ||
% of Operating Profit | -48.2% | -28.83% | 0.0% |
Other Income/Expense, Net | -$4.300M | -$7.100M | $0.00 |
YoY Change | 4200.0% | -100.0% | |
Pretax Income | $24.50M | $56.10M | $116.6M |
YoY Change | -73.91% | -51.89% | -6.79% |
Income Tax | $10.50M | $20.90M | $17.80M |
% Of Pretax Income | 42.86% | 37.25% | 15.27% |
Net Earnings | $14.00M | $35.20M | $98.80M |
YoY Change | -82.41% | -64.37% | -6.17% |
Net Earnings / Revenue | 5.05% | 12.77% | 34.15% |
Basic Earnings Per Share | $0.24 | $0.62 | $1.73 |
Diluted Earnings Per Share | $0.24 | $0.61 | $1.708M |
COMMON SHARES | |||
Basic Shares Outstanding | 57.27M shares | 57.07M shares | 57.01M shares |
Diluted Shares Outstanding | 57.51M shares | 57.48M shares | 57.01M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $346.4M | $385.2M | |
YoY Change | 31.06% | ||
Cash & Equivalents | $346.4M | $385.2M | $0.00 |
Short-Term Investments | |||
Other Short-Term Assets | $99.60M | $89.80M | $20.90M |
YoY Change | 304.88% | 329.67% | |
Inventory | $157.6M | $143.4M | $119.1M |
Prepaid Expenses | |||
Receivables | $19.10M | $19.90M | $118.3M |
Other Receivables | $133.6M | $123.4M | $0.00 |
Total Short-Term Assets | $756.3M | $761.7M | $258.3M |
YoY Change | 77.33% | 194.89% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $332.0M | $321.6M | $436.5M |
YoY Change | -6.66% | -26.32% | |
Goodwill | $15.70M | $15.70M | |
YoY Change | 0.0% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $97.70M | $89.30M | $11.20M |
YoY Change | 488.55% | 697.32% | |
Total Long-Term Assets | $453.7M | $435.2M | $481.6M |
YoY Change | 11.47% | -9.63% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $756.3M | $761.7M | $258.3M |
Total Long-Term Assets | $453.7M | $435.2M | $481.6M |
Total Assets | $1.210B | $1.197B | $739.9M |
YoY Change | 45.17% | 61.77% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $52.50M | $37.20M | $58.10M |
YoY Change | 3.35% | -35.97% | |
Accrued Expenses | $146.6M | $156.8M | $101.0M |
YoY Change | 91.38% | 55.25% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $9.500M | $9.500M | |
YoY Change | 0.0% | ||
Total Short-Term Liabilities | $357.7M | $370.3M | $159.1M |
YoY Change | 111.78% | 132.75% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.596B | $1.597B | $0.00 |
YoY Change | 13.7% | ||
Other Long-Term Liabilities | $46.90M | $33.30M | |
YoY Change | |||
Total Long-Term Liabilities | $1.596B | $1.597B | $0.00 |
YoY Change | 13.7% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $357.7M | $370.3M | $159.1M |
Total Long-Term Liabilities | $1.596B | $1.597B | $0.00 |
Total Liabilities | $1.954B | $1.967B | $189.4M |
YoY Change | 24.23% | 938.75% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$545.1M | -$550.5M | |
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 | -$822.6M | -$836.1M | $550.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.210B | $1.197B | $739.9M |
YoY Change | 45.17% | 61.77% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $14.00M | $35.20M | $98.80M |
YoY Change | -82.41% | -64.37% | -6.17% |
Depreciation, Depletion And Amortization | $8.000M | $7.200M | $8.400M |
YoY Change | 19.4% | -14.29% | -9.68% |
Cash From Operating Activities | -$13.00M | $60.40M | $138.8M |
YoY Change | -107.12% | -56.48% | 14.33% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $5.800M | $4.700M | -$4.300M |
YoY Change | -200.0% | -209.3% | -63.87% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$5.800M | -$4.700M | -$4.300M |
YoY Change | 0.0% | 9.3% | -63.87% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $2.400M | $0.00 | |
YoY Change | |||
Cash From Financing Activities | -20.70M | -$6.100M | -134.5M |
YoY Change | -122.92% | -95.46% | 22.83% |
NET CHANGE | |||
Cash From Operating Activities | -13.00M | $60.40M | 138.8M |
Cash From Investing Activities | -5.800M | -$4.700M | -4.300M |
Cash From Financing Activities | -20.70M | -$6.100M | -134.5M |
Net Change In Cash | -39.50M | $54.30M | 0.000 |
YoY Change | -114.79% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.00M | $60.40M | $138.8M |
Capital Expenditures | $5.800M | $4.700M | -$4.300M |
Free Cash Flow | -$18.80M | $55.70M | $143.1M |
YoY Change | -109.98% | -61.08% | 7.35% |
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CY2022Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9500000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3600000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3600000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
44900000 | usd |
CY2022Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
27200000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
370300000 | usd |
CY2022Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
301000000.0 | usd |
CY2022Q4 | us-gaap |
Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
|
33300000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
|
46100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1597100000 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1598100000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
32300000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
32600000 | usd |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
57213757 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
57213757 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
57055327 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
57055327 | shares |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
600000 | usd |
CY2022Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
600000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
12700000 | usd |
CY2022Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10000000.0 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-550500000 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-577100000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-298900000 | usd |
CY2022Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-324900000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-836100000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-891400000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1196900000 | usd |
CY2022Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1086400000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
594300000 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
98800000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-8800000 | usd |
CY2021Q4 | embc |
Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
|
133800000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
550500000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-891400000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
35200000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
26000000.0 | usd |
CY2022Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5500000 | usd |
CY2022Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2022Q4 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
8600000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-2800000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-836100000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
35200000 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
98800000 | usd |
CY2022Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7200000 | usd |
CY2021Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8400000 | usd |
CY2022Q4 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1600000 | usd |
CY2021Q4 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5500000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4600000 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
1200000 | usd |
CY2021Q4 | us-gaap |
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
|
2200000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1400000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3000000.0 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-30700000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
14700000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4300000 | usd |
CY2022Q4 | embc |
Increase Decrease In Other Receivables And Other Accounts Payable Net
IncreaseDecreaseInOtherReceivablesAndOtherAccountsPayableNet
|
9500000 | usd |
CY2021Q4 | embc |
Increase Decrease In Other Receivables And Other Accounts Payable Net
IncreaseDecreaseInOtherReceivablesAndOtherAccountsPayableNet
|
0 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6600000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-900000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
19400000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2500000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
18200000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
0 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
1500000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
0 | usd |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
60400000 | usd |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
138800000 | usd |
CY2022Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4700000 | usd |
CY2021Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4300000 | usd |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4700000 | usd |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4300000 | usd |
CY2022Q4 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2400000 | usd |
CY2021Q4 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd |
CY2022Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2800000 | usd |
CY2021Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd |
CY2022Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
900000 | usd |
CY2021Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
0 | usd |
CY2022Q4 | embc |
Net Transfers To Parent Financing Activities
NetTransfersToParentFinancingActivities
|
0 | usd |
CY2021Q4 | embc |
Net Transfers To Parent Financing Activities
NetTransfersToParentFinancingActivities
|
134500000 | usd |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6100000 | usd |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-134500000 | usd |
CY2022Q4 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4700000 | usd |
CY2021Q4 | 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 |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
54300000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
0 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
330900000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
385200000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2022Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
8600000 | usd |
CY2021Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | usd |
CY2022Q4 | 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 Corp. ("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 a proprietary digital application designed to assist people with managing their diabetes. The Company primarily sells products to wholesalers and distributors that sell to retail and institutional channels who in turn sell to patients.</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 | |
CY2022Q4 | 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. | |
CY2022Q4 | us-gaap |
Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortization
|
10900000 | usd |
CY2022Q4 | embc |
Hosting Arrangement Service Contract Implementation Cost Term
HostingArrangementServiceContractImplementationCostTerm
|
P5Y | |
CY2021Q4 | embc |
General Corporate Expenses
GeneralCorporateExpenses
|
26700000 | usd |
CY2021Q4 | embc |
Net Parent Investment Cash Pooling And General Financing Activities
NetParentInvestmentCashPoolingAndGeneralFinancingActivities
|
170300000 | usd |
CY2021Q4 | embc |
Net Parent Investment Corporate And Segment Allocations Excluding Non Cash Share Based Compensation
NetParentInvestmentCorporateAndSegmentAllocationsExcludingNonCashShareBasedCompensation
|
25100000 | usd |
CY2021Q4 | embc |
Net Parent Investment Taxes Deemed Settled With Parent
NetParentInvestmentTaxesDeemedSettledWithParent
|
10700000 | usd |
CY2021Q4 | embc |
Net Parent Investment Transfers Reflected As Cash Flows From Financing Activities
NetParentInvestmentTransfersReflectedAsCashFlowsFromFinancingActivities
|
134500000 | usd |
CY2021Q4 | embc |
Net Parent Investment Share Based Compensation Expense
NetParentInvestmentShareBasedCompensationExpense
|
4600000 | usd |
CY2021Q4 | embc |
Net Parent Investment Pension Expense
NetParentInvestmentPensionExpense
|
2200000 | usd |
CY2021Q4 | embc |
Net Parent Investment Other Transfers To From Parent Net
NetParentInvestmentOtherTransfersToFromParentNet
|
6100000 | usd |
CY2021Q4 | embc |
Net Parent Investment Net Transfers To Parent
NetParentInvestmentNetTransfersToParent
|
133800000 | usd |
CY2022Q4 | embc |
Separation And Standup Costs
SeparationAndStandupCosts
|
9900000 | usd |
CY2022Q4 | us-gaap |
Restructuring Charges
RestructuringCharges
|
400000 | usd |
CY2021Q4 | embc |
Separation And Standup Costs
SeparationAndStandupCosts
|
8400000 | usd |
CY2022Q4 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
Contingencies The Company was not a party to any material legal proceedings at December 31, 2022 or September 30, 2022, nor is it a party to any material legal proceedings as of the date of issuance of these Condensed Consolidated Financial Statements. | |
CY2022Q4 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
43100000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
43800000 | usd |
CY2022Q4 | embc |
Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
|
92600000 | usd |
CY2021Q4 | embc |
Revenue From Contract With Customer Sales Deductions Recognized
RevenueFromContractWithCustomerSalesDeductionsRecognized
|
85800000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
1200000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
1200000 | usd |
CY2022Q4 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2022Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
275700000 | usd |
CY2021Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
289300000 | usd |
CY2022Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5500000 | usd |
CY2021Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4600000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
800000 | usd |
CY2021Q4 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1000000.0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P8Y4M24D | |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
400000 | usd |
CY2022Q4 | embc |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm
|
P8Y4M24D | |
CY2022Q4 | embc |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
400000 | usd |
CY2022Q4 | embc |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableWeightedAverageRemainingContractualTerm
|
P7Y2M12D | |
CY2022Q4 | embc |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableAggregateIntrinsicValue
|
400000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
0 | shares |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
38900000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y4M24D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
3600000 | shares |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8600000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8900000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
15700000 | usd |
CY2022Q3 | us-gaap |
Goodwill
Goodwill
|
15700000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
24300000 | usd |
CY2022Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
24600000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1642900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9500000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
36300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1597100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
7100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
9500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
9500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
9500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
9500000 | usd |
CY2022Q4 | embc |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
1597800000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
57012925 | shares |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
35200000 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
98800000 | usd |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57113000 | shares |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57013000 | shares |
CY2022Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
371000 | shares |
CY2021Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57484000 | shares |
CY2021Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57013000 | shares |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.62 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.73 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | |
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.73 | |
CY2022Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2000000 | shares |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.373 | |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.153 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
385200000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
385200000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
330900000 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
330900000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
19900000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
738100000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
701600000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
423800000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
400000000.0 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
314300000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
301600000 | usd |
CY2022Q4 | us-gaap |
Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
|
P10Y | |
CY2022Q4 | us-gaap |
Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
|
P5Y | |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
34900000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
35500000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
34900000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
35500000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3600000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3600000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
32300000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
32600000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
35900000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
36200000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P14Y3M18D | |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.059 | |
CY2022Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1000000.0 | usd |
CY2021Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2022Q3 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P14Y6M | |
CY2022Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.068 | |
CY2022Q3 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.068 | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
7300000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6300000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
7300000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6300000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2700000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2000000.0 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4600000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4300000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7300000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
6300000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y | |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y2M12D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.061 | |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2700000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
2200000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Remainder Of Fiscal Year
LesseeLeaseLiabilityToBePaidRemainderOfFiscalYear
|
4900000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
3600000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2600000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Year One
LesseeLeaseLiabilityToBePaidYearOne
|
6200000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
3700000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1300000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Year Two
LesseeLeaseLiabilityToBePaidYearTwo
|
5000000.0 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
3700000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1100000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Year Three
LesseeLeaseLiabilityToBePaidYearThree
|
4800000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
3800000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
200000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Year Four
LesseeLeaseLiabilityToBePaidYearFour
|
4000000.0 | usd |
CY2022Q4 | embc |
Finance Lease Liability To Be Paid Due After Year Four
FinanceLeaseLiabilityToBePaidDueAfterYearFour
|
40100000 | usd |
CY2022Q4 | embc |
Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
|
0 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid Due After Year Four
LesseeLeaseLiabilityToBePaidDueAfterYearFour
|
40100000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
57600000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
7400000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability To Be Paid
LesseeLeaseLiabilityToBePaid
|
65000000.0 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
21700000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
100000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability Undiscounted Excess Amount
LesseeLeaseLiabilityUndiscountedExcessAmount
|
21800000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
35900000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7300000 | usd |
CY2022Q4 | embc |
Lessee Lease Liability
LesseeLeaseLiability
|
43200000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
|
P10Y |