2019 Q3 Form 10-Q Financial Statement

#000169402819000049 Filed on October 31, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q1 2018 Q3
Revenue $515.1M $535.1M $558.8M
YoY Change -7.82% 8.08% 26.46%
Cost Of Revenue $421.0M $429.3M $418.9M
YoY Change 0.51% 13.92% 27.53%
Gross Profit $94.07M $105.8M $139.9M
YoY Change -32.76% -10.55% 23.36%
Gross Profit Margin 18.26% 19.78% 25.04%
Selling, General & Admin $25.30M $22.10M $24.70M
YoY Change 2.43% 1.84% 11.26%
% of Gross Profit 26.89% 20.88% 17.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.32M $38.39M $32.31M
YoY Change 31.01% 37.02% 33.69%
% of Gross Profit 44.99% 36.27% 23.09%
Operating Expenses $67.60M $60.50M $56.90M
YoY Change 18.8% 21.73% 22.37%
Operating Profit $26.57M $44.15M $82.25M
YoY Change -67.69% -35.6% 22.77%
Interest Expense $3.726M $4.182M $3.648M
YoY Change 2.14% -35.6% 9.68%
% of Operating Profit 14.02% 9.47% 4.44%
Other Income/Expense, Net
YoY Change
Pretax Income $22.80M $40.00M $78.60M
YoY Change -70.99% -35.59% 23.39%
Income Tax $4.004M $6.060M $12.23M
% Of Pretax Income 17.56% 15.15% 15.56%
Net Earnings $11.00M $18.12M $34.09M
YoY Change -67.74% -23.46% -46.45%
Net Earnings / Revenue 2.14% 3.39% 6.1%
Basic Earnings Per Share $0.15 $0.27 $0.50
Diluted Earnings Per Share $0.15 $0.26 $0.49
COMMON SHARES
Basic Shares Outstanding 74.17M shares 67.43M shares 68.55M shares
Diluted Shares Outstanding 113.1M shares 114.2M shares 118.5M shares

Balance Sheet

Concept 2019 Q3 2019 Q1 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $140.0M $58.70M $87.10M
YoY Change 60.73% -40.16% 312.8%
Cash & Equivalents $140.0M $103.3M $87.08M
Short-Term Investments
Other Short-Term Assets $23.00M $24.80M $33.40M
YoY Change -31.14% -7.46% 43.97%
Inventory $86.99M $74.35M $55.84M
Prepaid Expenses
Receivables $203.2M $223.7M $241.3M
Other Receivables $9.300M $10.70M $4.200M
Total Short-Term Assets $496.3M $479.1M $502.1M
YoY Change -1.14% 0.12% 41.83%
LONG-TERM ASSETS
Property, Plant & Equipment $638.7M $640.8M $583.9M
YoY Change 9.37% 16.65% 26.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.85M $28.54M $15.03M
YoY Change 125.2% 156.8% 146.39%
Total Long-Term Assets $798.9M $789.7M $599.0M
YoY Change 33.38% 40.92% 28.23%
TOTAL ASSETS
Total Short-Term Assets $496.3M $479.1M $502.1M
Total Long-Term Assets $798.9M $789.7M $599.0M
Total Assets $1.295B $1.269B $1.101B
YoY Change 17.64% 22.13% 34.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $91.02M $122.7M $95.62M
YoY Change -4.82% -11.8% 3.38%
Accrued Expenses $142.2M $138.6M $107.6M
YoY Change 32.16% 33.53% -10.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $401.0K $392.0K $817.0K
YoY Change -50.92% 5.95%
Total Short-Term Liabilities $254.0M $274.4M $204.8M
YoY Change 23.99% 9.76% -7.86%
LONG-TERM LIABILITIES
Long-Term Debt $105.8M $106.0M $106.3M
YoY Change -0.4% -0.81% -51.94%
Other Long-Term Liabilities $80.60M $67.90M $2.300M
YoY Change 3404.35% 2852.17%
Total Long-Term Liabilities $105.8M $106.0M $106.3M
YoY Change -0.4% -0.81% -51.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.0M $274.4M $204.8M
Total Long-Term Liabilities $105.8M $106.0M $106.3M
Total Liabilities $491.8M $513.4M $357.4M
YoY Change 37.58% 32.31% -19.39%
SHAREHOLDERS EQUITY
Retained Earnings $159.4M $133.9M $103.8M
YoY Change 53.58% 465.48%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $529.1M $450.0M $416.7M
YoY Change
Total Liabilities & Shareholders Equity $1.295B $1.269B $1.101B
YoY Change 17.64% 22.13% 34.09%

Cashflow Statement

Concept 2019 Q3 2019 Q1 2018 Q3
OPERATING ACTIVITIES
Net Income $11.00M $18.12M $34.09M
YoY Change -67.74% -23.46% -46.45%
Depreciation, Depletion And Amortization $42.32M $38.39M $32.31M
YoY Change 31.01% 37.02% 33.69%
Cash From Operating Activities $147.4M $49.49M $114.4M
YoY Change 28.85% 61.21% 64.6%
INVESTING ACTIVITIES
Capital Expenditures -$27.80M -$66.30M -$46.20M
YoY Change -39.83% 20.55% -2.12%
Acquisitions
YoY Change
Other Investing Activities $200.0K $100.0K $100.0K
YoY Change 100.0% -66.67% -87.5%
Cash From Investing Activities -$27.60M -$66.18M -$46.10M
YoY Change -40.13% 20.92% -0.65%
FINANCING ACTIVITIES
Cash Dividend Paid $3.415M
YoY Change
Common Stock Issuance & Retirement, Net $18.40M
YoY Change -107.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.20M -$27.93M -64.60M
YoY Change -81.11% -126.41% 2384.62%
NET CHANGE
Cash From Operating Activities 147.4M $49.49M 114.4M
Cash From Investing Activities -27.60M -$66.18M -46.10M
Cash From Financing Activities -12.20M -$27.93M -64.60M
Net Change In Cash 107.6M -$44.62M 3.700M
YoY Change 2808.11% -154.59% -81.95%
FREE CASH FLOW
Cash From Operating Activities $147.4M $49.49M $114.4M
Capital Expenditures -$27.80M -$66.30M -$46.20M
Free Cash Flow $175.2M $115.8M $160.6M
YoY Change 9.09% 35.11% 37.62%

Facts In Submission

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dei Document Fiscal Period Focus
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68823000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113064000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118470000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109006000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118426000 shares
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1104000 USD
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0 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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1499000 USD
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4466000 USD
lbrt Deferred Tax Impact Of Ownership Changes From Exchanges And Repurchases
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7148000 USD
us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.15
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6215000 USD
us-gaap Common Stock Dividends Per Share Declared
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0.15
us-gaap Dividends
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10978000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000 USD
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17098000 USD
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9993000 USD
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1039000 USD
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93272000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
803465000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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392766000 USD
CY2018Q1 lbrt Equity Distributions On Redeemable Securities
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401322000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
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46544000 USD
lbrt Adjustmentsto Additional Paidin Capital Reorganization Deferred Tax Liability Net
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28620000 USD
us-gaap Stock Issued During Period Value New Issues
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220260000 USD
us-gaap Stock Redeemed Or Called During Period Value
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25897000 USD
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0 USD
lbrt Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability
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2291000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
17359000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3122000 USD
us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.05
lbrt Noncontrolling Interest Decrease From Unit Distributions To Noncontrolling Interest Holders
NoncontrollingInterestDecreaseFromUnitDistributionsToNoncontrollingInterestHolders
2410000 USD
us-gaap Common Stock Dividends Per Share Declared
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0.05
us-gaap Dividends
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3544000 USD
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53922000 USD
lbrt Net Income Loss Attributable To Parent Excluding Predecessor
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206392000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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743596000 USD
us-gaap Profit Loss
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93272000 USD
us-gaap Profit Loss
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215097000 USD
lbrt Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs
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121079000 USD
lbrt Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs
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90927000 USD
us-gaap Gain Loss On Disposition Of Assets1
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-1242000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2015000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
us-gaap Amortization Of Financing Costs
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1656000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3442000 USD
us-gaap Inventory Write Down
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649000 USD
us-gaap Inventory Write Down
InventoryWriteDown
3389000 USD
lbrt Lease Non Cash Portion Expense
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3061000 USD
lbrt Lease Non Cash Portion Expense
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us-gaap Share Based Compensation
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9993000 USD
us-gaap Share Based Compensation
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3122000 USD
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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4171000 USD
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170000 USD
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27611000 USD
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3701000 USD
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31699000 USD
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31740000 USD
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0 USD
lbrt Operating Lease Liability Prepayment
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5197000 USD
lbrt Operating Lease Liability Prepayment
OperatingLeaseLiabilityPrepayment
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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223627000 USD
us-gaap Payments To Acquire Productive Assets
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158235000 USD
us-gaap Payments To Acquire Productive Assets
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187079000 USD
us-gaap Proceeds From Sale Of Productive Assets
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541000 USD
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0 USD
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0 USD
lbrt Proceeds From Contributions Of Assets
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2115000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
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10504000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
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0 USD
us-gaap Payments Of Dividends
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10626000 USD
us-gaap Payments Of Dividends
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3450000 USD
us-gaap Payments To Minority Shareholders
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6215000 USD
us-gaap Payments To Minority Shareholders
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2410000 USD
lbrt Payments For Vesting Of Restricted Stock
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1039000 USD
lbrt Payments For Vesting Of Restricted Stock
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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18398000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Stock Issuance Costs
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5927000 USD
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us-gaap Payments Of Debt Issuance Costs
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282000 USD
lbrt Payment For Advanced Tax Receivable Agreement
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1104000 USD
lbrt Payment For Advanced Tax Receivable Agreement
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17359000 USD
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16321000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139995000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87077000 USD
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1042000 USD
us-gaap Income Taxes Paid Net
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19829000 USD
us-gaap Interest Paid Net
InterestPaidNet
9640000 USD
us-gaap Interest Paid Net
InterestPaidNet
10760000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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12870000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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16105000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 lbrt Start Up Costs
StartUpCosts
1300000 USD
lbrt Start Up Costs
StartUpCosts
2700000 USD
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lbrt Number Of Fleets Established
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dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2018Q3 lbrt Start Up Costs
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lbrt Start Up Costs
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CY2018Q3 lbrt Number Of Fleets Established
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lbrt Number Of Fleets Established
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dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
us-gaap Inventory Write Down
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600000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Property Plant And Equipment Gross
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CY2018Q4 us-gaap Property Plant And Equipment Gross
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CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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416545000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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307277000 USD
CY2019Q3 lbrt Property Plantand Equipment Before Construction In Progress Net
PropertyPlantandEquipmentBeforeConstructionInProgressNet
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CY2018Q4 lbrt Property Plantand Equipment Before Construction In Progress Net
PropertyPlantandEquipmentBeforeConstructionInProgressNet
570348000 USD
CY2019Q3 us-gaap Construction In Progress Gross
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4618000 USD
CY2018Q4 us-gaap Construction In Progress Gross
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56705000 USD
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638686000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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627053000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Depreciation
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39300000 USD
CY2018Q3 us-gaap Depreciation
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32300000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
us-gaap Depreciation
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112400000 USD
us-gaap Depreciation
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90900000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
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2625000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7602000 USD
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FinanceLeaseInterestExpense
665000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2015000 USD
CY2019Q3 us-gaap Operating Lease Cost
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5167000 USD
us-gaap Operating Lease Cost
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15431000 USD
CY2019Q3 us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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2353000 USD
CY2019Q3 us-gaap Lease Cost
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9203000 USD
us-gaap Lease Cost
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27401000 USD
CY2018Q3 us-gaap Operating Lease Expense
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11700000 USD
us-gaap Operating Lease Expense
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dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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15575000 USD
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us-gaap Finance Lease Principal Payments
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10504000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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70501000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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1194000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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65333000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
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dei Document Period End Date
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2019-09-30
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y4M24D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P1Y7M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
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dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
3679000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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4868000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
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27019000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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13664000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
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4135000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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7223000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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19664000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
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CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
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3273000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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11398000 USD
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CY2019Q3 us-gaap Operating Lease Liability
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dei Document Period End Date
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2019-09-30
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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4303000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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19742000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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153930000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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4165000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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5191000 USD
CY2019Q3 us-gaap Long Term Debt
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CY2018Q4 us-gaap Long Term Debt
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CY2019Q3 us-gaap Long Term Debt Current
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401000 USD
CY2018Q4 us-gaap Long Term Debt Current
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385000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
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CY2018Q4 us-gaap Long Term Debt Noncurrent
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106139000 USD
CY2019Q3 us-gaap Long Term Debt
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106238000 USD
CY2018Q4 us-gaap Long Term Debt
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106524000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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438000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1750000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1750000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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106465000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
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110403000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
118500000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
0 USD
dei Document Period End Date
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CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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2019-09-30
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2019-09-30
dei Document Period End Date
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2019-09-30
dei Document Period End Date
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2019-09-30
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2019-09-30
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2019-09-30
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2019-09-30
dei Document Period End Date
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2019-09-30
dei Document Period End Date
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2019-09-30
dei Document Period End Date
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2019-09-30
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2019-09-30
us-gaap Allocated Share Based Compensation Expense
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10000000.0 USD
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2019-09-30
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us-gaap Allocated Share Based Compensation Expense
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2019-09-30
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2019-09-30
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2019-09-30
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2019-09-30
dei Document Period End Date
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2019-09-30
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2019-09-30
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us-gaap Net Income Loss
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us-gaap Dilutive Securities
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us-gaap Dilutive Securities
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16433000 USD
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57848000 USD
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77927000 USD
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181606000 USD
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74173000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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68548000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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70026000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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68823000 shares
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545000 shares
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933000 shares
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567000 shares
lbrt Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock
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1690000 shares
CY2018Q3 lbrt Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits
782000 shares
lbrt Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits
1757000 shares
lbrt Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units
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424000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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36656000 shares
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48207000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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36656000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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48207000 shares
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113064000 shares
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2019-09-30
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2019-09-30
CY2018Q3 us-gaap Income Tax Expense Benefit
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12200000 USD
us-gaap Income Tax Expense Benefit
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36200000 USD
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2 agreement
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2019-09-30
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2019-09-30
CY2019Q3 us-gaap Accrued Income Taxes
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42100000 USD
CY2019Q3 us-gaap Accrued Income Taxes Current
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1800000 USD
CY2019Q3 us-gaap Accrued Income Taxes Noncurrent
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40300000 USD
CY2019Q3 us-gaap Deferred Tax Assets Liabilities Net
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49600000 USD
dei Document Period End Date
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2019-09-30
CY2019Q3 us-gaap Deferred Tax Liabilities
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7100000 USD
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
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2019-09-30
dei Document Period End Date
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2019-09-30
dei Document Period End Date
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2019-09-30
CY2019Q3 us-gaap Due To Related Parties Current
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1300000 USD
CY2018Q4 us-gaap Due To Related Parties Current
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0 USD
CY2019Q3 lbrt Accrued Income Taxes Related Parties Noncurrent
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18600000 USD
CY2018Q4 lbrt Accrued Income Taxes Related Parties Noncurrent
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2900000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
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2019-09-30
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2019-09-30
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DocumentPeriodEndDate
2019-09-30
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2019-09-30
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2019-09-30
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2019-09-30
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2019-09-30
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DocumentPeriodEndDate
2019-09-30
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DocumentPeriodEndDate
2019-09-30
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DocumentPeriodEndDate
2019-09-30
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DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
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2019-09-30
dei Document Period End Date
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2019-09-30
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2019-09-30
CY2019Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
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89353000 USD
CY2019Q3 us-gaap Purchase Obligation Due In Second Year
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282100000 USD
CY2019Q3 us-gaap Purchase Obligation Due In Third Year
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125209000 USD
CY2019Q3 us-gaap Purchase Obligation Due In Fourth Year
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16031000 USD
CY2019Q3 us-gaap Purchase Obligation Due In Fifth Year
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12598000 USD
CY2019Q3 us-gaap Purchase Obligation Due After Fifth Year
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6405000 USD
CY2019Q3 us-gaap Purchase Obligation
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531696000 USD
dei Document Period End Date
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2019-09-30
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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792446000 USD
CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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557000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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0 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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1499000 USD
CY2019Q3 lbrt Adjustments To Additional Paid In Capital Exchange Effect On Deferred Tax Asset Net
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3570000 USD
CY2019Q3 lbrt Deferred Tax Impact Of Ownership Changes From Exchanges And Repurchases
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7148000 USD
CY2019Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.05
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1857000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
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0.05
CY2019Q3 us-gaap Dividends
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3871000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3542000 USD
CY2019Q3 lbrt Stock Issued During Period Value Restricted Stock Award Vesting
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0 USD
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18840000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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803465000 USD
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4318000 USD
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0.05
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2410000 USD
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
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0.05
CY2018Q3 us-gaap Dividends
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3544000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1926000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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1000 USD
CY2018Q3 us-gaap Stock Repurchased During Period Value
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53922000 USD
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66369000 USD
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743596000 USD
dei Document Period End Date
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2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30

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