2024 Q1 Form 10-K Financial Statement

#000186919824000008 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $596.7M $558.8M $2.217B
YoY Change 16.81% 18.23% 21.62%
Cost Of Revenue $321.9M $288.3M $1.184B
YoY Change 17.44% 13.57% 10.87%
Gross Profit $274.8M $270.6M $1.032B
YoY Change 16.08% 23.65% 36.84%
Gross Profit Margin 46.05% 48.42% 46.57%
Selling, General & Admin $48.85M $126.1M $201.1M
YoY Change 14.96% 20.76% -6.0%
% of Gross Profit 17.78% 46.59% 19.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $65.90M $64.33M $244.4M
YoY Change 13.24% 12.46% 6.78%
% of Gross Profit 23.98% 23.78% 23.68%
Operating Expenses $48.85M $211.9M $201.1M
YoY Change 14.96% 21.9% -6.0%
Operating Profit $72.06M $58.67M $225.2M
YoY Change 6.93% 30.4% 103.59%
Interest Expense -$37.23M -$34.46M -$130.4M
YoY Change 19.88% 20.34% 15.17%
% of Operating Profit -51.66% -58.73% -57.91%
Other Income/Expense, Net -$37.23M -$130.4M
YoY Change 19.88% 15.17%
Pretax Income $34.83M $24.21M $94.79M
YoY Change -4.13% 48.02% -3720.7%
Income Tax $9.914M $527.0K $18.73M
% Of Pretax Income 28.46% 2.18% 19.76%
Net Earnings $24.92M $23.68M $76.06M
YoY Change -9.26% 72.55% -4342.22%
Net Earnings / Revenue 4.18% 4.24% 3.43%
Basic Earnings Per Share $0.13 $0.39
Diluted Earnings Per Share $0.12 $0.12 $0.37
COMMON SHARES
Basic Shares Outstanding 196.7M shares 196.4M shares 195.7M shares
Diluted Shares Outstanding 202.8M shares 204.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.60M $29.97M $29.97M
YoY Change -47.37% 17.47% 17.47%
Cash & Equivalents $18.60M $29.97M $29.97M
Short-Term Investments
Other Short-Term Assets $21.58M $18.39M $32.47M
YoY Change 12.13% -50.13% -11.95%
Inventory $53.14M $52.80M $52.80M
Prepaid Expenses
Receivables $22.85M $23.90M $23.90M
Other Receivables $22.50M $25.28M $35.38M
Total Short-Term Assets $191.5M $174.5M $174.5M
YoY Change 22.05% 33.19% 33.19%
LONG-TERM ASSETS
Property, Plant & Equipment $3.234B $3.172B $5.376B
YoY Change 9.19% 9.32% 7.1%
Goodwill $1.235B $1.235B
YoY Change 0.03% 0.18%
Intangibles $172.4M $172.1M
YoY Change -0.4% -0.74%
Long-Term Investments
YoY Change
Other Assets $76.66M $75.91M $74.51M
YoY Change 4.81% 8.85% 8.52%
Total Long-Term Assets $6.902B $6.858B $6.858B
YoY Change 4.92% 5.59% 5.59%
TOTAL ASSETS
Total Short-Term Assets $191.5M $174.5M $174.5M
Total Long-Term Assets $6.902B $6.858B $6.858B
Total Assets $7.094B $7.032B $7.032B
YoY Change 5.32% 6.14% 6.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.06M $81.25M $190.0M
YoY Change 6.16% 9.84% -4.53%
Accrued Expenses $161.6M $185.3M $170.9M
YoY Change 11.58% 20.0% -14.15%
Deferred Revenue $53.20M $49.30M
YoY Change 25.47% 33.6%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $23.26M $73.85M $74.48M
YoY Change -64.53% 385.08% 364.93%
Total Short-Term Liabilities $449.5M $557.2M $557.2M
YoY Change -5.64% 21.82% 21.82%
LONG-TERM LIABILITIES
Long-Term Debt $1.987B $1.859B $1.883B
YoY Change 8.89% 2.95% 3.03%
Other Long-Term Liabilities $37.38M $36.88M $2.282B
YoY Change 7.57% 7.88% 4.92%
Total Long-Term Liabilities $2.025B $1.896B $4.165B
YoY Change 8.87% 3.04% 4.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $449.5M $557.2M $557.2M
Total Long-Term Liabilities $2.025B $1.896B $4.165B
Total Liabilities $4.791B $4.778B $4.778B
YoY Change 4.76% 6.15% 6.15%
SHAREHOLDERS EQUITY
Retained Earnings -$551.9M -$576.8M
YoY Change -11.76% -11.65%
Common Stock $1.988M $1.967M
YoY Change 1.95% 1.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.303B $2.254B $2.254B
YoY Change
Total Liabilities & Shareholders Equity $7.094B $7.032B $7.032B
YoY Change 5.32% 6.14% 6.14%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $24.92M $23.68M $76.06M
YoY Change -9.26% 72.55% -4342.22%
Depreciation, Depletion And Amortization $65.90M $64.33M $244.4M
YoY Change 13.24% 12.46% 6.78%
Cash From Operating Activities $90.41M $132.1M $463.0M
YoY Change 21.6% 74.57% 130.39%
INVESTING ACTIVITIES
Capital Expenditures $156.8M $168.1M $693.9M
YoY Change -8.2% -7.24% 17.38%
Acquisitions
YoY Change
Other Investing Activities $1.787M -$2.505M -$3.619M
YoY Change -238.85% -89.91% -185.88%
Cash From Investing Activities -$158.6M -$170.6M -$574.2M
YoY Change 15.88% -17.2% 135.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $74.98M 43.05M $115.6M
YoY Change 3.66% -11.25% 214.02%
NET CHANGE
Cash From Operating Activities $90.41M 132.1M $463.0M
Cash From Investing Activities -$158.6M -170.6M -$574.2M
Cash From Financing Activities $74.98M 43.05M $115.6M
Net Change In Cash $6.758M 4.494M $4.457M
YoY Change -31.24% -105.49% -172.73%
FREE CASH FLOW
Cash From Operating Activities $90.41M $132.1M $463.0M
Capital Expenditures $156.8M $168.1M $693.9M
Free Cash Flow -$66.39M -$36.05M -$230.9M
YoY Change -31.17% -65.86% -40.83%

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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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31637000 usd
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<div style="margin-bottom:10pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates in the Preparation of Financial Statements</span></div><div style="margin-bottom:10pt"><span style="background-color:#ffffff;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 accounting principles generally accepted in the United States (“GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In recording transactions and balances resulting from business operations, we use estimates based on the best information available. We revise the recorded estimates when better information is available, facts change or we can determine actual amounts. These revisions can affect our consolidated operating results.</span></div>
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CY2023 us-gaap Increase Decrease In Income Taxes Receivable
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CY2022 us-gaap Increase Decrease In Other Operating Assets
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CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2023 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1372000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1493000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
98000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
99000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
177000 usd
CY2023 lth Finance Lease Financing Obligations Interest Expense
FinanceLeaseFinancingObligationsInterestExpense
2401000 usd
CY2022 lth Finance Lease Financing Obligations Interest Expense
FinanceLeaseFinancingObligationsInterestExpense
0 usd
CY2021 lth Finance Lease Financing Obligations Interest Expense
FinanceLeaseFinancingObligationsInterestExpense
0 usd
CY2023 us-gaap Lease Cost
LeaseCost
344652000 usd
CY2022 us-gaap Lease Cost
LeaseCost
307049000 usd
CY2021 us-gaap Lease Cost
LeaseCost
268209000 usd
CY2023 lth Sale Leaseback Transaction Number Of Properties
SaleLeasebackTransactionNumberOfProperties
3 property
CY2023 lth Sale Leaseback Transaction Gross Proceeds From Sale
SaleLeasebackTransactionGrossProceedsFromSale
124000000 usd
CY2023 lth Sale Leaseback Transaction Payment Of Transaction Costs
SaleLeasebackTransactionPaymentOfTransactionCosts
700000 usd
CY2023 lth Sale Leaseback Transaction Net Proceeds From Sale
SaleLeasebackTransactionNetProceedsFromSale
123300000 usd
CY2023Q4 lth Sale Leaseback Transaction Fair Value
SaleLeasebackTransactionFairValue
128400000 usd
CY2023 lth Sale Leaseback Transaction Fair Value Adjustment Increase Decrease
SaleLeasebackTransactionFairValueAdjustmentIncreaseDecrease
4400000 usd
CY2023Q4 lth Sale Leaseback Transaction Increase In Sales Price Sales Price Was Less Than The Fair Value
SaleLeasebackTransactionIncreaseInSalesPriceSalesPriceWasLessThanTheFairValue
5900000 usd
CY2023 lth Sale Leaseback Transaction Sale Price Above Fair Value
SaleLeasebackTransactionSalePriceAboveFairValue
1500000 usd
CY2023 lth Sale Leaseback Transaction Sale Price Above Fair Value
SaleLeasebackTransactionSalePriceAboveFairValue
1500000 usd
CY2023 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
-13600000 usd
CY2022 lth Sale Leaseback Transaction Sale Price Below Fair Value
SaleLeasebackTransactionSalePriceBelowFairValue
31500000 usd
CY2022 lth Sale Leaseback Transaction Sale Price Above Fair Value
SaleLeasebackTransactionSalePriceAboveFairValue
21400000 usd
CY2022 lth Sale Leaseback Transaction Sale Price Above Fair Value
SaleLeasebackTransactionSalePriceAboveFairValue
21400000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2202601000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2116761000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1406000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1083000 usd
CY2023Q4 lth Lease Right Of Use Asset
LeaseRightOfUseAsset
2204007000 usd
CY2022Q4 lth Lease Right Of Use Asset
LeaseRightOfUseAsset
2117844000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
58764000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51892000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
633000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
796000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2268863000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2162424000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
783000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
312000 usd
CY2023Q4 lth Financing Lease Finance Obligations
FinancingLeaseFinanceObligations
23151000 usd
CY2022Q4 lth Financing Lease Finance Obligations
FinancingLeaseFinanceObligations
21557000 usd
CY2023Q4 lth Lease Liability
LeaseLiability
2352194000 usd
CY2022Q4 lth Lease Liability
LeaseLiability
2236981000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
800000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
1800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y2M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2023Q4 lth Financing Obligations Weighted Average Remaining Lease Term
FinancingObligationsWeightedAverageRemainingLeaseTerm
P23Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0859
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0842
CY2023Q4 lth Financing Obligations Weighted Average Discount Rate Percent
FinancingObligationsWeightedAverageDiscountRatePercent
0.1100
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
226896000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
199762000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
182644000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
98000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
99000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
177000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1031000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1404000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1514000 usd
CY2023 lth Financing Obligation Operating Cash Flow Activity
FinancingObligationOperatingCashFlowActivity
2307000 usd
CY2022 lth Financing Obligation Operating Cash Flow Activity
FinancingObligationOperatingCashFlowActivity
0 usd
CY2021 lth Financing Obligation Operating Cash Flow Activity
FinancingObligationOperatingCashFlowActivity
0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
140614000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
294722000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
210541000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1347000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
391000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1272000 usd
CY2023Q4 lth Lease Liability To Be Paid After Year Five
LeaseLiabilityToBePaidAfterYearFive
3417350000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4633974000 usd
CY2023 lth Lessee Operating Lease Modified Remeasurement Increase Decrease In Right Of Use Asset
LesseeOperatingLeaseModifiedRemeasurementIncreaseDecreaseInRightOfUseAsset
17364000 usd
CY2022 lth Lessee Operating Lease Modified Remeasurement Increase Decrease In Right Of Use Asset
LesseeOperatingLeaseModifiedRemeasurementIncreaseDecreaseInRightOfUseAsset
-6551000 usd
CY2021 lth Lessee Operating Lease Modified Remeasurement Increase Decrease In Right Of Use Asset
LesseeOperatingLeaseModifiedRemeasurementIncreaseDecreaseInRightOfUseAsset
-6345000 usd
CY2023 lth Noncash Increase Decrease In Right Of Use Asset Associated With Sale Leaseback Transactions
NoncashIncreaseDecreaseInRightOfUseAssetAssociatedWithSaleLeasebackTransactions
5900000 usd
CY2022 lth Noncash Increase Decrease In Right Of Use Asset Associated With Sale Leaseback Transactions
NoncashIncreaseDecreaseInRightOfUseAssetAssociatedWithSaleLeasebackTransactions
31440000 usd
CY2021 lth Noncash Increase Decrease In Right Of Use Asset Associated With Sale Leaseback Transactions
NoncashIncreaseDecreaseInRightOfUseAssetAssociatedWithSaleLeasebackTransactions
9500000 usd
CY2023 lth Interest Accretion In Financing Obligations
InterestAccretionInFinancingObligations
94000 usd
CY2022 lth Interest Accretion In Financing Obligations
InterestAccretionInFinancingObligations
0 usd
CY2021 lth Interest Accretion In Financing Obligations
InterestAccretionInFinancingObligations
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
245039000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
830000 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid Year One
FinanceObligationLiabilityToBePaidYearOne
2451000 usd
CY2023Q4 lth Lease Liability To Be Paid Year One
LeaseLiabilityToBePaidYearOne
248320000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
253965000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
589000 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid Year Two
FinanceObligationLiabilityToBePaidYearTwo
2487000 usd
CY2023Q4 lth Lease Liability To Be Paid Year Two
LeaseLiabilityToBePaidYearTwo
257041000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
256420000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
247000 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid Year Three
FinanceObligationLiabilityToBePaidYearThree
2525000 usd
CY2023Q4 lth Lease Liability To Be Paid Year Three
LeaseLiabilityToBePaidYearThree
259192000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
258077000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1000 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid Year Four
FinanceObligationLiabilityToBePaidYearFour
2562000 usd
CY2023Q4 lth Lease Liability To Be Paid Year Four
LeaseLiabilityToBePaidYearFour
260640000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
260030000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid Year Five
FinanceObligationLiabilityToBePaidYearFive
2601000 usd
CY2023Q4 lth Lease Liability To Be Paid Year Five
LeaseLiabilityToBePaidYearFive
262631000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3360443000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid After Year Five
FinanceObligationLiabilityToBePaidAfterYearFive
56907000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1667000 usd
CY2023Q4 lth Finance Obligation Liability To Be Paid
FinanceObligationLiabilityToBePaid
69533000 usd
CY2023Q4 lth Lease Liability Payments Due
LeaseLiabilityPaymentsDue
4705174000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2306347000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
251000 usd
CY2023Q4 lth Finance Obligation Liability Undiscounted Excess Amount
FinanceObligationLiabilityUndiscountedExcessAmount
46382000 usd
CY2023Q4 lth Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
2352980000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2327627000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1416000 usd
CY2023Q4 lth Finance Obligation Liability
FinanceObligationLiability
23151000 usd
CY2023Q4 lth Lease Liability
LeaseLiability
2352194000 usd
CY2023Q4 lth Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
414600000 usd
CY2021 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
701100000 usd
CY2021 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
40600000 shares
CY2021Q1 lth Issuance Of Stock For Extinguishment Of Notes Related Party
IssuanceOfStockForExtinguishmentOfNotesRelatedParty
108600000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24926000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.17
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1359000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
17.55
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1441000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
10.94
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
221000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
19.18
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24623000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.47
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y8M12D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
88230000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
21231000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.71
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y10M24D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
88228000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1400000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1000000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3800000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3800000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12200000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1500000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
2200000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
300000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193570000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155470000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8334000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204005000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
193570000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155470000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.73
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0388
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0224
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0097
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5250
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5500
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5850
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M18D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M18D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.63
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.34
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.42
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
17800000 usd
lth Percent Of Salary Foregone By Ceo
PercentOfSalaryForegoneByCEO
1
CY2018Q3 lth Stockholders Equity Stockholder Note Receivable
StockholdersEquityStockholderNoteReceivable
20000000 usd
CY2018Q3 lth Stockholder Note Receivable Collateral
StockholderNoteReceivableCollateral
5000000 usd
CY2019Q3 lth Stockholders Equity Forgiveness Of Stockholder Note Receivable
StockholdersEquityForgivenessOfStockholderNoteReceivable
5000000 usd
CY2019Q3 lth Stockholders Equity Forgiveness Of Stockholder Note Receivable
StockholdersEquityForgivenessOfStockholderNoteReceivable
5000000 usd
CY2019Q3 lth Stockholders Equity Forgiveness Of Stockholder Note Receivable Income Tax Benefit
StockholdersEquityForgivenessOfStockholderNoteReceivableIncomeTaxBenefit
1300000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
76063000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-1793000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-579369000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195671000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.73
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6669000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27549000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27046000 shares
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
16500000 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
32900000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
31400000 usd
CY2023Q4 lth Construction Activities And Operational Licensing Collateral Posted
ConstructionActivitiesAndOperationalLicensingCollateralPosted
35300000 usd
CY2022Q4 lth Construction Activities And Operational Licensing Collateral Posted
ConstructionActivitiesAndOperationalLicensingCollateralPosted
35500000 usd
CY2023 lth Deferred Compensation Arrangement With Individual Allowed Deferral Percentage
DeferredCompensationArrangementWithIndividualAllowedDeferralPercentage
0.50
CY2023 lth Deferred Compensation Arrangement With Individual Payout Term
DeferredCompensationArrangementWithIndividualPayoutTerm
P10Y
CY2022 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
0 usd
CY2021 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
0 usd
CY2023 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
0 usd
CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
12400000 usd
CY2022Q4 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
10300000 usd
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
lth-20231231_cal.xml Edgar Link unprocessable
0001869198-24-000008-index-headers.html Edgar Link pending
0001869198-24-000008-index.html Edgar Link pending
0001869198-24-000008.txt Edgar Link pending
0001869198-24-000008-xbrl.zip Edgar Link pending
ex231lifetimegroupholdings.htm Edgar Link pending
exhibit1013psulifetimeform.htm Edgar Link pending
exhibit1022jzwiefelagreeme.htm Edgar Link pending
exhibit1023jzwiefelconsult.htm Edgar Link pending
exhibit211subsidiarylist20.htm Edgar Link pending
exhibit311q42023.htm Edgar Link pending
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exhibit971mandatorycompens.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lth-20231231.htm Edgar Link pending
lth-20231231.xsd Edgar Link pending
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lth-20231231_htm.xml Edgar Link completed
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