$HLX
HELIX ENERGY SOLUTIONS GROUP INC

2023 Q4 Form 10-Q Financial Statement

#000086682923000038 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $335.2M $395.7M
YoY Change 16.45% 45.17%
Cost Of Revenue $285.9M $315.1M
YoY Change 11.47% 35.05%
Gross Profit $49.28M $80.55M
YoY Change 57.12% 105.39%
Gross Profit Margin 14.7% 20.36%
Selling, General & Admin $22.97M $27.82M
YoY Change 0.81% 18.06%
% of Gross Profit 46.62% 34.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.10M $43.20M
YoY Change 9.99% 20.19%
% of Gross Profit 89.5% 53.63%
Operating Expenses $33.90M $27.82M
YoY Change -6.3% 18.06%
Operating Profit $15.38M $36.23M
YoY Change -419.55% 196.32%
Interest Expense -$4.771M $4.830M
YoY Change 10.11% -1.89%
% of Operating Profit -31.02% 13.33%
Other Income/Expense, Net $7.056M -$8.257M
YoY Change -52.0% -59.27%
Pretax Income -$19.61M $23.90M
YoY Change -474.42% -294.87%
Income Tax $8.721M $8.300M
% Of Pretax Income 34.73%
Net Earnings -$28.33M $15.56M
YoY Change -1145.88% -182.93%
Net Earnings / Revenue -8.45% 3.93%
Basic Earnings Per Share $0.10
Diluted Earnings Per Share -$0.19 $0.10
COMMON SHARES
Basic Shares Outstanding 150.7M 150.8M
Diluted Shares Outstanding 153.6M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $332.2M $168.4M
YoY Change 78.02% 3.78%
Cash & Equivalents $332.2M $168.4M
Short-Term Investments
Other Short-Term Assets $85.22M $78.58M
YoY Change 45.19% -5.66%
Inventory
Prepaid Expenses $28.35M $32.90M
Receivables $280.4M $308.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $697.8M $555.0M
YoY Change 51.51% 16.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.573B $1.575B
YoY Change -4.19% -2.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.82M $47.48M
YoY Change -11.25% -23.66%
Total Long-Term Assets $1.858B $1.880B
YoY Change -3.66% 0.02%
TOTAL ASSETS
Total Short-Term Assets $697.8M $555.0M
Total Long-Term Assets $1.858B $1.880B
Total Assets $2.556B $2.435B
YoY Change 6.98% 3.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $134.6M $142.2M
YoY Change -0.53% 7.82%
Accrued Expenses $203.1M $178.1M
YoY Change 176.06% 58.58%
Deferred Revenue $32.76M $18.64M
YoY Change 228.91% -10.58%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $48.29M $8.749M
YoY Change 26.42% -77.07%
Total Short-Term Liabilities $448.6M $390.3M
YoY Change 50.57% 18.1%
LONG-TERM LIABILITIES
Long-Term Debt $313.4M $218.5M
YoY Change 38.76% -3.07%
Other Long-Term Liabilities $66.25M $60.17M
YoY Change -30.43% 12.57%
Total Long-Term Liabilities $379.7M $278.7M
YoY Change 18.24% -0.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $448.6M $390.3M
Total Long-Term Liabilities $379.7M $278.7M
Total Liabilities $1.055B $904.2M
YoY Change 20.9% 3.5%
SHAREHOLDERS EQUITY
Retained Earnings $312.5M $340.8M
YoY Change -3.35% 6.3%
Common Stock $1.272B $1.291B
YoY Change -2.09% -0.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.501B $1.531B
YoY Change
Total Liabilities & Shareholders Equity $2.556B $2.435B
YoY Change 6.98% 3.36%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$28.33M $15.56M
YoY Change -1145.88% -182.93%
Depreciation, Depletion And Amortization $44.10M $43.20M
YoY Change 9.99% 20.19%
Cash From Operating Activities $94.74M $31.60M
YoY Change 90.57% 28.19%
INVESTING ACTIVITIES
Capital Expenditures $3.423M $8.300M
YoY Change -88.0% -396.11%
Acquisitions
YoY Change
Other Investing Activities $564.0K $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.859M -$8.200M
YoY Change -89.97% -92.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 76.48M -36.30M
YoY Change -18892.14% 781.5%
NET CHANGE
Cash From Operating Activities 94.74M 31.60M
Cash From Investing Activities -2.859M -8.200M
Cash From Financing Activities 76.48M -36.30M
Net Change In Cash 168.4M -12.90M
YoY Change 709.78% -86.41%
FREE CASH FLOW
Cash From Operating Activities $94.74M $31.60M
Capital Expenditures $3.423M $8.300M
Free Cash Flow $91.31M $23.30M
YoY Change 330.77% -15.13%

Facts In Submission

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HELIX ENERGY SOLUTIONS GROUP, INC.
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StockholdersEquity
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NetIncomeLoss
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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EquityComponentOfConvertibleDebtPremiumPaidInExcessOfConvertibleDebt
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StockRepurchasedDuringPeriodValue
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StockIssuedDuringPeriodValueShareBasedCompensation
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1647469000
us-gaap Net Income Loss
NetIncomeLoss
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StockIssuedDuringPeriodValueShareBasedCompensation
-673000
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5490000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1481854000
us-gaap Profit Loss
ProfitLoss
17495000
us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
120013000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1840000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1744000
us-gaap Share Based Compensation
ShareBasedCompensation
4765000
us-gaap Share Based Compensation
ShareBasedCompensation
5630000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6940000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2876000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8262000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
367000
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ForeignCurrencyTransactionGainLossUnrealized
-11587000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-38374000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
31319000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2664000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
96027000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
50268000
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IncreaseDecreaseInOtherCurrentAssets
16774000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
19888000
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IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-2518000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
1818000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
31142000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
42953000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
59216000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
25583000
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IncreaseDecreaseInOtherOperatingCapitalNet
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us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2759000
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NetCashProvidedByUsedInOperatingActivities
57720000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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112625000
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PaymentsToAcquireProductiveAssets
16165000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4990000
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7840000
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ProceedsFromSaleOfPropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15800000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
30415000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
35000000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
236000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
550000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11988000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1385000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1525000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
982000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
575000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-51375000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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-11286000
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-162353000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189111000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
327127000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
168370000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
164774000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Certain reclassifications were made to previously reported amounts in the consolidated financial statements and notes thereto to make them consistent with the current presentation format.</p>
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Note 2 — Company Overview</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">We are an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and decommissioning operations. Our services are centered on a three-legged business model well positioned for a global energy transition:</p><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;">Production maximization</i><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">—</span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> our assets and methodologies are specifically designed to efficiently enhance and extend the lives of existing oil and gas reserves; we also offer an alternative to take over end-of-life reserves in preparation for their abandonment;</span></td></tr></table><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;">Decommissioning</i><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">—</span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> we are a full-field abandonment contractor and believe that regulatory push for </span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">plug and abandonment </span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">(“P&amp;A”) and transition to renewable energy will facilitate the continued growth of the abandonment market; and</span></td></tr></table><table style="border-collapse:collapse;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;">Renewable energy support</i><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">—</span><span style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> we are an established global leader in jet trenching and provide specialty support services to offshore wind farm developments, including boulder removal and unexploded ordnance clearance.</span></td></tr></table><div style="margin-top:12pt;"></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">We provide services primarily in the Gulf of Mexico, U.S. East Coast, Brazil, North Sea, Asia Pacific and West Africa regions. We expanded our service capabilities to the Gulf of Mexico shelf with the acquisition of Alliance group of companies (collectively “Alliance”) on July 1, 2022 (Note 3), which we re-branded as Helix Alliance. Our North Sea operations and our Gulf of Mexico shelf operations related to Helix Alliance are usually subject to seasonal changes in demand, which generally peaks in the summer months and declines in the winter months. Our services are segregated into four reportable business segments: Well Intervention, Robotics, Shallow Water Abandonment, which was formed in the third quarter 2022 comprising the Helix Alliance business (Note 12), and Production Facilities.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our Well Intervention segment provides services enabling our customers to safely access subsea offshore wells for the purpose of performing production enhancement or decommissioning operations, thereby avoiding drilling new wells by extending the useful lives of existing wells and preserving the environment by preventing uncontrolled releases of oil and gas. Our well intervention vessels include the <i style="font-style:italic;">Q4000</i>, the <i style="font-style:italic;">Q5000</i>, the <i style="font-style:italic;">Q7000</i>, the <i style="font-style:italic;">Seawell</i>, the<i style="font-style:italic;"> Well Enhancer</i>, and two chartered monohull vessels, the <i style="font-style:italic;">Siem H</i>elix <i style="font-style:italic;">1</i> and the <i style="font-style:italic;">Siem Helix 2</i>. Our well intervention equipment includes intervention systems such as intervention riser systems (“IRSs”), subsea intervention lubricators (“SILs”) and the Riserless Open-water Abandonment Module, some of which we provide on a stand-alone basis.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our Robotics segment provides trenching, seabed clearance, offshore construction and inspection, repair and maintenance (“IRM”) services to both the oil and gas and the renewable energy markets globally, thereby assisting the delivery of clean and reliable energy and supporting the responsible transition away from a carbon-based economy. Additionally, our robotics services are used in and complement our well intervention services. Our Robotics segment includes remotely operated vehicles (“ROVs”), trenchers, the IROV boulder grab and robotics support vessels under term charters as well as spot vessels as needed. We offer our ROVs, trenchers and the IROV on a stand-alone basis or on an integrated basis with chartered robotics support vessels.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our Shallow Water Abandonment segment provides services in support of the upstream and midstream ‎industries predominantly in the Gulf of Mexico shelf, including offshore oilfield decommissioning and ‎reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift and commercial diving services. Our Shallow Water Abandonment segment includes a diversified fleet of marine assets including liftboats, offshore supply vessels (“OSVs”), dive support vessels (“DSVs”), a heavy lift derrick barge, a crew boat, P&amp;A systems and coiled tubing systems. During the third quarter 2023, we acquired assets primarily consisting of five operable P&amp;A systems for total consideration of $17.6 million including $6.0 million in cash in addition to credits towards future services offered by us.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt;">Our Production Facilities segment includes the <i style="font-style:italic;">Helix Producer</i> <i style="font-style:italic;">I</i> (the “<i style="font-style:italic;">HP I</i>”), a ship-shaped dynamically positioned floating production vessel, the Helix Fast Response System (the “HFRS”), which combines the <i style="font-style:italic;">HP I</i>, the <i style="font-style:italic;">Q4000</i> and the <i style="font-style:italic;">Q5000</i> with certain well control equipment that can be deployed to respond to a well control incident, and our ownership of mature oil and gas properties (Note 13). All of our current Production Facilities activities are located in the Gulf of Mexico.</p>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
32897000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
26609000
CY2023Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4901000
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
6295000
CY2023Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
29600000
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
13969000
CY2023Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
11186000
CY2022Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
11826000
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
78584000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
58699000
CY2023Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
12544000
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
12544000
CY2023Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
1672000
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
6432000
CY2023Q3 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
26653000
CY2022Q4 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
24827000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4533000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4465000
CY2023Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2075000
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2239000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
47477000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
50507000
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
59273000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41339000
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
2001000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6306000
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
386000
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
479000
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
18635000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9961000
CY2023Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
74073000
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
23750000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15489000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
178118000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
73574000
CY2023Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
55542000
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
51956000
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
42754000
CY2023Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
4631000
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
520000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
60173000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
95230000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
18836000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
16088000
us-gaap Operating Lease Cost
OperatingLeaseCost
53189000
us-gaap Operating Lease Cost
OperatingLeaseCost
44348000
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
6058000
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4488000
us-gaap Variable Lease Cost
VariableLeaseCost
16223000
us-gaap Variable Lease Cost
VariableLeaseCost
14035000
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
18751000
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9112000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
43644000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
22121000
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
374000
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
300000
us-gaap Sublease Income
SubleaseIncome
911000
us-gaap Sublease Income
SubleaseIncome
930000
CY2023Q3 us-gaap Lease Cost
LeaseCost
43271000
CY2022Q3 us-gaap Lease Cost
LeaseCost
29388000
us-gaap Lease Cost
LeaseCost
112145000
us-gaap Lease Cost
LeaseCost
79574000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
73531000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
63783000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
39022000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
31537000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
8558000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
2086000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
218517000
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
27871000
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
190646000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
61191000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
129455000
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
190646000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
64666000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
61212000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
46197000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
36159000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
27203000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
5824000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
241261000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
35661000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
205600000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50914000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
154686000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
205600000
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0817
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0784
us-gaap Operating Lease Payments
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