2024 Q1 Form 10-K Financial Statement

#000158752324000017 Filed on February 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $196.4M $215.2M $707.6M
YoY Change 36.11% 9.18% -7.47%
Cost Of Revenue $125.5M $136.6M $435.5M
YoY Change 38.83% 16.06% -4.54%
Gross Profit $69.90M $78.60M $272.1M
YoY Change 29.93% -1.01% -1.52%
Gross Profit Margin 35.59% 36.52% 38.45%
Selling, General & Admin $43.50M $45.40M $150.3M
YoY Change 28.7% 36.34% 16.6%
% of Gross Profit 62.23% 57.76% 55.24%
Research & Development $20.60M $19.00M $78.50M
YoY Change 3.0% 5.56% -3.92%
% of Gross Profit 29.47% 24.17% 28.85%
Depreciation & Amortization $14.00M $12.70M $46.50M
YoY Change 15.7% 4.1% -13.73%
% of Gross Profit 20.03% 16.16% 17.09%
Operating Expenses $65.60M $64.40M $228.8M
YoY Change 19.71% 25.54% -66.89%
Operating Profit $4.300M $14.20M $43.30M
YoY Change -530.0% -49.47% -110.44%
Interest Expense -$4.400M -$3.200M -$5.400M
YoY Change 450.0% 166.67% 38.46%
% of Operating Profit -102.33% -22.54% -12.47%
Other Income/Expense, Net $400.0K -$200.0K -$700.0K
YoY Change -117.39% -50.0% -240.0%
Pretax Income $5.700M $10.20M $45.00M
YoY Change -239.02% -104.89% -110.76%
Income Tax $3.200M -$37.20M -$27.40M
% Of Pretax Income 56.14% -364.71% -60.89%
Net Earnings $2.500M $47.40M $72.40M
YoY Change -148.08% -122.79% -116.83%
Net Earnings / Revenue 1.27% 22.03% 10.23%
Basic Earnings Per Share $0.03 $0.80
Diluted Earnings Per Share $0.03 $0.52 $0.79
COMMON SHARES
Basic Shares Outstanding 89.63M shares 90.26M shares 90.90M shares
Diluted Shares Outstanding 90.50M shares 91.60M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $122.1M $87.30M $87.30M
YoY Change 134.81% 81.12% 81.12%
Cash & Equivalents $122.1M $87.30M $87.30M
Short-Term Investments
Other Short-Term Assets $11.60M $9.800M $9.800M
YoY Change -10.08% -2.0% -2.0%
Inventory $203.4M $196.4M $196.4M
Prepaid Expenses
Receivables $130.8M $135.3M $135.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $467.9M $428.8M $428.8M
YoY Change 22.17% 18.32% 18.32%
LONG-TERM ASSETS
Property, Plant & Equipment $166.3M $188.5M $188.5M
YoY Change 4.92% 16.5% 8.08%
Goodwill $540.5M $540.7M
YoY Change 14.76% 14.8%
Intangibles $183.0M $189.4M
YoY Change 122.63% 122.56%
Long-Term Investments
YoY Change
Other Assets $114.4M $115.4M $115.4M
YoY Change 29.27% 26.81% 26.81%
Total Long-Term Assets $1.016B $1.034B $1.034B
YoY Change 24.98% 25.87% 25.87%
TOTAL ASSETS
Total Short-Term Assets $467.9M $428.8M $428.8M
Total Long-Term Assets $1.016B $1.034B $1.034B
Total Assets $1.483B $1.463B $1.463B
YoY Change 24.08% 23.56% 23.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.80M $51.30M $51.30M
YoY Change -4.1% 23.91% 23.91%
Accrued Expenses $52.50M $66.20M $66.20M
YoY Change -0.76% 19.93% 39.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $50.00M $0.00
YoY Change
Long-Term Debt Due $48.00M $47.10M $47.10M
YoY Change 6.67% 1784.0%
Total Short-Term Liabilities $170.3M $164.6M $164.6M
YoY Change 35.91% 66.09% 66.09%
LONG-TERM LIABILITIES
Long-Term Debt $245.2M $224.1M $224.1M
YoY Change 444.89% 398.0% 382.97%
Other Long-Term Liabilities $26.00M $39.30M $39.30M
YoY Change -13.33% 1.29% -11.88%
Total Long-Term Liabilities $271.2M $263.4M $263.4M
YoY Change 261.6% 214.32% 189.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $170.3M $164.6M $164.6M
Total Long-Term Liabilities $271.2M $263.4M $263.4M
Total Liabilities $441.5M $428.7M $428.7M
YoY Change 120.42% 134.39% 124.45%
SHAREHOLDERS EQUITY
Retained Earnings -$373.3M -$375.8M
YoY Change -17.67% -16.15%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.034B $1.034B $1.034B
YoY Change
Total Liabilities & Shareholders Equity $1.483B $1.463B $1.463B
YoY Change 24.08% 23.56% 23.56%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $2.500M $47.40M $72.40M
YoY Change -148.08% -122.79% -116.83%
Depreciation, Depletion And Amortization $14.00M $12.70M $46.50M
YoY Change 15.7% 4.1% -13.73%
Cash From Operating Activities $17.30M $60.40M $122.7M
YoY Change -21.0% 29.06% 42.18%
INVESTING ACTIVITIES
Capital Expenditures $3.400M $5.400M $17.20M
YoY Change -12.82% -27.03% -46.42%
Acquisitions $136.9M
YoY Change 19457.14%
Other Investing Activities $7.200M -$136.5M -$124.4M
YoY Change -136600.0% 20633.33%
Cash From Investing Activities $3.800M -$141.9M -$141.6M
YoY Change -197.44% 1843.84% 333.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$45.90M
YoY Change -204.32%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $13.60M 93.50M 58.20M
YoY Change -195.1% -382.48% -179.51%
NET CHANGE
Cash From Operating Activities $17.30M 60.40M 122.7M
Cash From Investing Activities $3.800M -141.9M -141.6M
Cash From Financing Activities $13.60M 93.50M 58.20M
Net Change In Cash $34.80M 12.00M 39.30M
YoY Change 815.79% 87.5% -289.86%
FREE CASH FLOW
Cash From Operating Activities $17.30M $60.40M $122.7M
Capital Expenditures $3.400M $5.400M $17.20M
Free Cash Flow $13.90M $55.00M $105.5M
YoY Change -22.78% 39.59% 94.65%

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CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">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 preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the accompanying financial statements and disclosures. These estimates may be adjusted due to changes in future economic, industry, or customer financial conditions, as well as changes in technology or demand. Estimates are used in accounting for, among other items, inventory reserves, restructuring reserves, warranty reserves, pension and post-retirement plans, stock-based compensation, useful lives for depreciation and amortization of long-lived assets, future cash flows associated with impairment testing for goodwill, indefinite-lived intangible assets and other long-lived assets, deferred tax assets, uncertain income tax positions, changes in tax laws, and contingencies. Management uses historical experience and all available information to make these estimates. Actual results may ultimately differ from estimates, although management does not believe such differences would materially affect the financial statements in any individual year. Estimates and assumptions are periodically reviewed and the effects of revisions are reflected in the Consolidated Financial Statements in the period that they are determined.</span></div>
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reporting_unit
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
470900000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4000000 usd
CY2023 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2023Q4 us-gaap Investments
Investments
6200000 usd
CY2022Q4 us-gaap Investments
Investments
5000000 usd
CY2023 kn Revenue Recognition Sales Discountsand Rebates
RevenueRecognitionSalesDiscountsandRebates
4800000 usd
CY2022 kn Revenue Recognition Sales Discountsand Rebates
RevenueRecognitionSalesDiscountsandRebates
4400000 usd
CY2021 kn Revenue Recognition Sales Discountsand Rebates
RevenueRecognitionSalesDiscountsandRebates
5000000 usd
CY2023 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
4300000 usd
CY2022 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
7100000 usd
CY2021 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
4300000 usd
CY2023 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
129200000 usd
CY2022 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
125700000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
140300000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
116100000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1100000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1100000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5400000 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
239800000 usd
CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
231100000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
36700000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
28300000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
63000000.0 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
62800000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
240000000.0 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
207200000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
43600000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
37700000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
196400000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
169500000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
655000000.0 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
658300000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
479600000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
496500000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175400000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
161800000 usd
CY2023 us-gaap Depreciation
Depreciation
33000000 usd
CY2022 us-gaap Depreciation
Depreciation
41700000 usd
CY2021 us-gaap Depreciation
Depreciation
46600000 usd
CY2023 kn Proceeds From The Sale Of Fixed Assets Fair Value Of Control Transferred
ProceedsFromTheSaleOfFixedAssetsFairValueOfControlTransferred
11200000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
941300000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
470900000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
700000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-100000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
471000000.0 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
69600000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
100000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
540700000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
470900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
204000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
86200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33100000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
189400000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
85100000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y10M24D
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
23100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
16600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
62800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
157400000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
7900000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
8200000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
9900000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2300000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2300000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2300000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
3300000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
3500000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
3000000.0 usd
CY2023 us-gaap Lease Cost
LeaseCost
7100000 usd
CY2022 us-gaap Lease Cost
LeaseCost
7300000 usd
CY2021 us-gaap Lease Cost
LeaseCost
9600000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3400000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5300000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1600000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2500000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
600000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1400000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2200000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3900000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
9100000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
12400000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
10200000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
400000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2500000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4800000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2300000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2600000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2000000.0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6500000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
700000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
300000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.056
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.053
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
5500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
1600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3300000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1000000.0 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1200000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13300000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2200000 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
8500000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4000000.0 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
3600000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
4000000.0 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
2400000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
1800000 usd
CY2023Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
2000000.0 usd
CY2022Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
1600000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1600000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2500000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
700000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
800000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
700000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
400000 usd
CY2023Q4 kn Other Sundry Accured Liabilites Current
OtherSundryAccuredLiabilitesCurrent
5500000 usd
CY2022Q4 kn Other Sundry Accured Liabilites Current
OtherSundryAccuredLiabilitesCurrent
4800000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
25000000.0 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19900000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
600000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1400000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
400000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31100000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
38800000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
400000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
500000 usd
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
400000 usd
CY2023 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
500000 usd
CY2022 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
600000 usd
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1000000.0 usd
CY2023 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
400000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
500000 usd
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
900000 usd
CY2023 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
200000 usd
CY2022 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
200000 usd
CY2021 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
700000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
400000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
500000 usd
CY2023 kn Costof Goods Sold Restructuring Charges
CostofGoodsSoldRestructuringCharges
-1300000 usd
CY2023 kn Operating Expenses Restructuring
OperatingExpensesRestructuring
3500000 usd
CY2022 kn Costof Goods Sold Restructuring Charges
CostofGoodsSoldRestructuringCharges
32200000 usd
CY2021 kn Operating Expenses Restructuring
OperatingExpensesRestructuring
500000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
2200000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
41800000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
500000 usd
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
2600000 usd
CY2021 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
500000 usd
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
2700000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
400000 usd
CY2022 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
41800000 usd
CY2022 us-gaap Payments For Restructuring
PaymentsForRestructuring
7800000 usd
CY2022 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-11700000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
22700000 usd
CY2023 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
2200000 usd
CY2023 us-gaap Payments For Restructuring
PaymentsForRestructuring
7400000 usd
CY2023 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1700000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
19200000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
19200000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
22700000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
1100000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
600000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-200000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
435500000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-700000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
455700000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
500000 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
508600000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000.0 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
160000000.0 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
45000000.0 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
271200000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
45000000.0 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
47100000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
224100000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
45000000.0 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
50000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
50000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
72900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
160000000.0 usd
CY2023 kn Debt Instrument Convenant Senior Secured Leverage Ratio Under Accordion Feature Maximum
DebtInstrumentConvenantSeniorSecuredLeverageRatioUnderAccordionFeatureMaximum
2.00
CY2023 kn Debt Instrument Covenant Ebitd Ato Interest Ratio Minimum
DebtInstrumentCovenantEBITDAtoInterestRatioMinimum
3.00
CY2023 kn Debt Instrument Covenant Debtto Ebitda Maximum
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