2022 Q4 Form 10-K Financial Statement

#000141739822000034 Filed on November 16, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $655.7M $749.9M $2.941B
YoY Change -9.98% -0.66% 2.66%
Cost Of Revenue $444.8M $507.3M $1.986B
YoY Change -9.43% -0.29% 4.13%
Gross Profit $210.9M $242.6M $954.6M
YoY Change -11.13% -1.42% -0.28%
Gross Profit Margin 32.16% 32.35% 32.46%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $20.90M
YoY Change -2.34%
% of Gross Profit 2.19%
Depreciation & Amortization $31.00M $26.70M $108.2M
YoY Change 11.11% -7.29% -5.99%
% of Gross Profit 14.7% 11.01% 11.33%
Operating Expenses $150.1M $136.1M $20.90M
YoY Change 12.01% 1.87% -2.34%
Operating Profit $60.80M $106.5M $933.7M
YoY Change -41.14% -5.33% -0.24%
Interest Expense $23.30M -$14.00M $69.80M
YoY Change 30.17% -18.13% -10.05%
% of Operating Profit 38.32% -13.15% 7.48%
Other Income/Expense, Net -$2.900M $500.0K $8.400M
YoY Change -363.64% -171.43% 2700.0%
Pretax Income $29.10M $82.50M $314.0M
YoY Change -60.35% 18.71% -11.25%
Income Tax $2.300M $23.30M $98.80M
% Of Pretax Income 7.9% 28.24% 31.46%
Net Earnings $45.50M $56.80M $215.2M
YoY Change -7.14% 3.27% -15.67%
Net Earnings / Revenue 6.94% 7.57% 7.32%
Basic Earnings Per Share $0.66 $2.91
Diluted Earnings Per Share $0.65 $813.8K $2.89
COMMON SHARES
Basic Shares Outstanding 68.88M shares 69.46M shares 71.70M shares
Diluted Shares Outstanding 69.80M shares 72.20M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $193.9M $234.1M $234.1M
YoY Change -56.66% -47.52% -47.52%
Cash & Equivalents $193.9M $234.1M $234.1M
Short-Term Investments
Other Short-Term Assets $370.9M $109.4M $109.4M
YoY Change 333.8% -16.74% -16.74%
Inventory $591.6M $533.8M $533.8M
Prepaid Expenses $132.9M $109.4M
Receivables $596.9M $525.6M $525.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.753B $1.403B $1.403B
YoY Change 23.38% -2.2% -2.2%
LONG-TERM ASSETS
Property, Plant & Equipment $285.2M $281.0M $404.5M
YoY Change -0.94% -4.78% -6.63%
Goodwill $1.563B $1.159B
YoY Change 34.03% -0.79%
Intangibles $1.095B $810.7M
YoY Change 21.65% -11.29%
Long-Term Investments
YoY Change
Other Assets $83.60M $90.00M $90.00M
YoY Change -8.63% 39.1% 39.1%
Total Long-Term Assets $3.133B $2.465B $2.465B
YoY Change 21.72% -4.49% -4.49%
TOTAL ASSETS
Total Short-Term Assets $1.753B $1.403B $1.403B
Total Long-Term Assets $3.133B $2.465B $2.465B
Total Assets $4.886B $3.868B $3.868B
YoY Change 22.31% -3.67% -3.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $397.3M $433.0M $433.0M
YoY Change 2.03% 19.85% 19.85%
Accrued Expenses $503.7M $429.6M $429.6M
YoY Change 20.65% -4.7% -4.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $0.00 $0.00
YoY Change
Total Short-Term Liabilities $1.264B $1.078B $1.078B
YoY Change 22.78% 4.13% 4.13%
LONG-TERM LIABILITIES
Long-Term Debt $1.890B $1.222B $1.222B
YoY Change 55.79% 0.76% 0.76%
Other Long-Term Liabilities $53.80M $55.50M $249.4M
YoY Change -15.14% -21.61% -23.96%
Total Long-Term Liabilities $1.944B $1.278B $1.472B
YoY Change 52.27% -0.48% -4.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.264B $1.078B $1.078B
Total Long-Term Liabilities $1.944B $1.278B $1.472B
Total Liabilities $3.693B $2.760B $2.785B
YoY Change 34.78% -0.83% -0.74%
SHAREHOLDERS EQUITY
Retained Earnings $842.0M $812.0M
YoY Change 20.44% 21.89%
Common Stock $706.5M $723.8M
YoY Change -1.16% -0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $277.0M $297.3M
YoY Change 99.42% 119.09%
Treasury Stock Shares 3.400M shares 6.900M shares
Shareholders Equity $1.163B $1.083B $1.083B
YoY Change
Total Liabilities & Shareholders Equity $4.886B $3.868B $3.868B
YoY Change 22.31% -3.67% -3.67%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $45.50M $56.80M $215.2M
YoY Change -7.14% 3.27% -15.67%
Depreciation, Depletion And Amortization $31.00M $26.70M $108.2M
YoY Change 11.11% -7.29% -5.99%
Cash From Operating Activities -$6.200M $96.80M $191.1M
YoY Change -113.93% 12.95% -63.83%
INVESTING ACTIVITIES
Capital Expenditures $15.30M -$17.80M -$50.30M
YoY Change -257.73% -2.2% 25.75%
Acquisitions $627.5M $90.60M
YoY Change
Other Investing Activities -$631.2M -$77.40M -$93.10M
YoY Change 13926.67% -77500.0% -156.08%
Cash From Investing Activities -$646.5M -$95.20M -$143.4M
YoY Change 4452.82% 425.97% -213.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $203.9M
YoY Change 68.37%
Debt Paid & Issued, Net $0.00 $0.00
YoY Change -100.0%
Cash From Financing Activities $610.3M -42.90M -$244.2M
YoY Change -1731.82% -53.22% -53.33%
NET CHANGE
Cash From Operating Activities -6.200M 96.80M $191.1M
Cash From Investing Activities -646.5M -95.20M -$143.4M
Cash From Financing Activities $610.3M -42.90M -$244.2M
Net Change In Cash -$41.80M -41.30M -$213.3M
YoY Change 1448.15% 71.37% -253.34%
FREE CASH FLOW
Cash From Operating Activities -$6.200M $96.80M $191.1M
Capital Expenditures $15.30M -$17.80M -$50.30M
Free Cash Flow -$21.50M $114.6M $241.4M
YoY Change -139.67% 10.3% -57.53%

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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Use of estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company prepared the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles (“GAAP”).  GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of net revenue and expenses during the reporting period.  The Company’s results are affected by economic, political, legislative, regulatory and legal actions. Economic conditions, such as recessionary trends, inflation, interest and monetary exchange rates, government fiscal policies, government policies surrounding the containment of </span>the COVID-19 pandemic and changes in the prices of raw materials, can have a significant effect on operations. Actual results could differ from those estimates.
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CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2022Q3 us-gaap Goodwill
Goodwill
1159400000 usd
CY2022Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
72300000 usd
CY2022Q1 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
82500000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
52800000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
52600000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
49900000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
49100000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
49300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
945700000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
352500000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1004700000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
317500000 usd
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1163200000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
352500000 usd
CY2021Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1231300000 usd
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
317500000 usd
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
10200000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
203800000 usd
CY2022 hi Shares Repurchasedand Classifiedas Treasury Stockshares
SharesRepurchasedandClassifiedasTreasuryStockshares
4767000 shares
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
203900000 usd
CY2021 hi Shares Repurchasedand Classifiedas Treasury Stockshares
SharesRepurchasedandClassifiedasTreasuryStockshares
2792205 shares
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
121100000 usd
CY2020 hi Shares Repurchasedand Classifiedas Treasury Stockshares
SharesRepurchasedandClassifiedasTreasuryStockshares
0 shares
CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1000000 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
700000 shares
CY2020 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
200000 shares
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
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CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
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CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
13100000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
32800000 usd
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
49200000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-9100000 usd
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
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CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022Q3 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
213300000 usd
CY2021Q3 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
121900000 usd
CY2021Q3 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
121900000 usd
CY2022Q3 us-gaap Deferred Revenue Current
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290300000 usd
CY2021Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
296600000 usd
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2022 us-gaap Research And Development Expense
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CY2021 us-gaap Research And Development Expense
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CY2020 us-gaap Research And Development Expense
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CY2022Q3 us-gaap Standard Product Warranty Accrual
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22400000 usd
CY2021Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2022 us-gaap Product Warranty Expense
ProductWarrantyExpense
10600000 usd
CY2021 us-gaap Product Warranty Expense
ProductWarrantyExpense
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CY2020 us-gaap Product Warranty Expense
ProductWarrantyExpense
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CY2022 us-gaap Revenues
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CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1762000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.75
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021 us-gaap Revenues
Revenues
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CY2022 us-gaap Revenues
Revenues
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CY2021 us-gaap Revenues
Revenues
2864800000 usd
CY2022 us-gaap Revenues
Revenues
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CY2021 us-gaap Revenues
Revenues
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CY2022 us-gaap Revenues
Revenues
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CY2021 us-gaap Revenues
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CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
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5000000.0 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
253300000 usd
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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CY2022 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
2.99
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
3.38
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
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CY2022 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.97
CY2021 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
3.36
CY2020 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
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CY2021 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
9300000 usd
CY2020 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
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CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
28700000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30700000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
105600000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
121300000 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
136300000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M12D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.027
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.021
CY2022Q3 hi Deferred Tax Liability Unremitted Earningsof Foreign Subsidiaries
DeferredTaxLiabilityUnremittedEarningsofForeignSubsidiaries
14700000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
31500000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22500000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12900000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11000000.0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
38600000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
132400000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11100000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
121300000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
35400000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
37700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
26300000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18600000 usd
CY2022 hi Operating Lease Acquired Business Combination
OperatingLeaseAcquiredBusinessCombination
4900000 usd
CY2021 hi Operating Lease Acquired Business Combination
OperatingLeaseAcquiredBusinessCombination
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CY2022Q3 us-gaap Long Term Debt
LongTermDebt
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CY2021Q3 us-gaap Long Term Debt
LongTermDebt
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CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1222100000 usd
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1212900000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
500000000.0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
375000000.0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
6700000 usd
CY2022 hi Debt Instrument Covenant Terms Maximum Ratioof Indebtednessto Earningsbefore Interest Taxes Depreciationand Amortization
DebtInstrumentCovenantTermsMaximumRatioofIndebtednesstoEarningsbeforeInterestTaxesDepreciationandAmortization
3.5
CY2022 hi Debt Instrument Covenant Terms Minimum Ratioof Earningsbefore Interest Taxes Depreciationand Amortizationto Interest Expense
DebtInstrumentCovenantTermsMinimumRatioofEarningsbeforeInterestTaxesDepreciationandAmortizationtoInterestExpense
3.00
CY2022 hi Defined Benefit Plan Percentage Of Employee Participation
DefinedBenefitPlanPercentageOfEmployeeParticipation
0.20
CY2022 hi Defined Benefit Plan Number Of Retirement Plans In Which Specified Employees Participate
DefinedBenefitPlanNumberOfRetirementPlansInWhichSpecifiedEmployeesParticipate
1 program
CY2022 hi Defined Benefit Plan Number Of Retirement Plans
DefinedBenefitPlanNumberOfRetirementPlans
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CY2021Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-124100000 usd
CY2022Q3 hi Defined Benefit Plan Reporting Entity Number Of Common Stock Owned By Trust
DefinedBenefitPlanReportingEntityNumberOfCommonStockOwnedByTrust
0 shares
CY2022 hi Defined Contribution Plan Maximum Annual Contributions By Employer Percent
DefinedContributionPlanMaximumAnnualContributionsByEmployerPercent
0.04
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16100000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
15700000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
15300000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
48300000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
64100000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
265700000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
289700000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
21800000 usd
CY2022 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
314000000.0 usd
CY2021 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
353800000 usd
CY2020 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-18500000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8800000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3000000.0 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4800000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
63500000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
75600000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
53800000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
75300000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
86400000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
54400000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9200000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
13900000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1100000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
13200000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23500000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12200000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-19500000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98800000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98600000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
34900000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.011
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.018
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.020
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.143
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.013
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.004
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.191
CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.047
CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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CY2021Q3 hi Deferred Tax Liability Unremitted Earningsof Foreign Subsidiaries
DeferredTaxLiabilityUnremittedEarningsofForeignSubsidiaries
15000000.0 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.021
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0 rate
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0 rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.141 rate
CY2022 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.015
CY2021 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
-1.011
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 rate
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.415 rate
CY2022 hi Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
0 rate
CY2021 hi Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
0 rate
CY2020 hi Effective Income Tax Rate Reconciliation Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationTransactionCostsPercent
-0.087 rate
CY2022 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.002 rate
CY2021 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
-0.026 rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0 rate
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.001 rate
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.017 rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.040 rate
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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