2022 Q3 Form 10-Q Financial Statement
#000180136822000030 Filed on August 05, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $124.4M | $143.6M | $166.3M |
YoY Change | 24.75% | 96.34% | 177.23% |
Cost Of Revenue | $22.42M | $22.09M | $23.17M |
YoY Change | 2.33% | 23.04% | 29.46% |
Gross Profit | $102.0M | $121.5M | $143.1M |
YoY Change | 31.06% | 120.2% | 240.68% |
Gross Profit Margin | 81.99% | 84.61% | 86.06% |
Selling, General & Admin | $17.60M | $18.22M | $20.57M |
YoY Change | 28.51% | 44.08% | 52.81% |
% of Gross Profit | 17.25% | 15.0% | 14.37% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.096M | $5.407M | $5.260M |
YoY Change | -69.85% | -18.89% | -14.47% |
% of Gross Profit | 2.05% | 4.45% | 3.68% |
Operating Expenses | $17.60M | $18.22M | $20.57M |
YoY Change | -22.01% | 44.08% | 52.81% |
Operating Profit | $79.17M | $95.75M | $115.0M |
YoY Change | 46.35% | 194.95% | 429.84% |
Interest Expense | -$1.224M | -$1.326M | -$1.905M |
YoY Change | -146.65% | -150.25% | -265.08% |
% of Operating Profit | -1.55% | -1.38% | -1.66% |
Other Income/Expense, Net | $6.168M | $2.212M | $194.0K |
YoY Change | 6258.76% | -36.87% | 252.73% |
Pretax Income | $84.11M | $96.64M | $113.3M |
YoY Change | 63.11% | 189.95% | 449.8% |
Income Tax | $20.93M | $23.37M | $27.76M |
% Of Pretax Income | 24.89% | 24.18% | 24.5% |
Net Earnings | $63.18M | $73.27M | $85.55M |
YoY Change | 47.74% | 169.71% | 430.75% |
Net Earnings / Revenue | 50.77% | 51.04% | 51.46% |
Basic Earnings Per Share | $0.36 | $0.42 | $0.49 |
Diluted Earnings Per Share | $0.33 | $0.38 | $0.45 |
COMMON SHARES | |||
Basic Shares Outstanding | 177.5M shares | 176.5M shares | 176.4M shares |
Diluted Shares Outstanding | 193.4M shares | 193.4M shares | 193.5M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.264B | $1.264B | $1.233B |
YoY Change | 7.2% | 5.62% | 4.38% |
Cash & Equivalents | $428.0M | $664.5M | $1.233B |
Short-Term Investments | $836.3M | $599.7M | |
Other Short-Term Assets | $11.00M | $5.486M | $6.447M |
YoY Change | 122.12% | -1.3% | -25.03% |
Inventory | $61.65M | $42.24M | $39.62M |
Prepaid Expenses | |||
Receivables | $16.02M | $32.75M | $37.11M |
Other Receivables | $3.857M | $4.271M | $0.00 |
Total Short-Term Assets | $1.357B | $1.349B | $1.316B |
YoY Change | 8.06% | 8.25% | 6.24% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $830.0M | $749.8M | $668.5M |
YoY Change | 42.41% | 33.75% | 25.54% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.348M | $2.519M | $2.249M |
YoY Change | 113.65% | 105.46% | 176.97% |
Total Long-Term Assets | $832.4M | $752.4M | $670.7M |
YoY Change | 40.15% | 31.57% | 23.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.357B | $1.349B | $1.316B |
Total Long-Term Assets | $832.4M | $752.4M | $670.7M |
Total Assets | $2.189B | $2.101B | $1.987B |
YoY Change | 18.37% | 15.58% | 11.48% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $70.24M | $62.10M | $41.65M |
YoY Change | 152.29% | 64.58% | 51.47% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $74.75M | $66.15M | $51.58M |
YoY Change | 5.62% | -26.74% | -29.27% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $677.6M | $676.7M | $675.8M |
YoY Change | 0.52% | 0.52% | 0.48% |
Other Long-Term Liabilities | $5.691M | $6.315M | $7.003M |
YoY Change | -28.13% | -26.17% | -24.48% |
Total Long-Term Liabilities | $872.1M | $864.4M | $845.3M |
YoY Change | 5.78% | 5.28% | 1.3% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $74.75M | $66.15M | $51.58M |
Total Long-Term Liabilities | $872.1M | $864.4M | $845.3M |
Total Liabilities | $946.9M | $930.5M | $896.8M |
YoY Change | 5.76% | 2.1% | -1.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $294.4M | $231.2M | $158.0M |
YoY Change | 1156.77% | -1295.82% | -439.69% |
Common Stock | $18.00K | $18.00K | $18.00K |
YoY Change | 0.0% | 0.0% | 5.88% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.242B | $1.171B | $1.090B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.189B | $2.101B | $1.987B |
YoY Change | 18.37% | 15.58% | 11.48% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $63.18M | $73.27M | $85.55M |
YoY Change | 47.74% | 169.71% | 430.75% |
Depreciation, Depletion And Amortization | $2.096M | $5.407M | $5.260M |
YoY Change | -69.85% | -18.89% | -14.47% |
Cash From Operating Activities | $94.56M | $98.89M | $121.0M |
YoY Change | 320.35% | 156.0% | 1195.89% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$91.75M | -$67.65M | $54.93M |
YoY Change | 119.87% | 166.44% | 184.65% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$233.3M | -$599.2M | $5.130M |
YoY Change | -9022.75% | 11983800.0% | 3846.15% |
Cash From Investing Activities | -$325.1M | -$666.8M | -$49.80M |
YoY Change | 731.1% | 2525.8% | 159.75% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -651.0K | -873.0K | -$17.91M |
YoY Change | -26.02% | -32.85% | -102.67% |
NET CHANGE | |||
Cash From Operating Activities | 94.56M | 98.89M | $121.0M |
Cash From Investing Activities | -325.1M | -666.8M | -$49.80M |
Cash From Financing Activities | -651.0K | -873.0K | -$17.91M |
Net Change In Cash | -231.2M | -568.8M | $53.26M |
YoY Change | 1221.06% | -4866.86% | -91.95% |
FREE CASH FLOW | |||
Cash From Operating Activities | $94.56M | $98.89M | $121.0M |
Capital Expenditures | -$91.75M | -$67.65M | $54.93M |
Free Cash Flow | $186.3M | $166.5M | $66.04M |
YoY Change | 190.09% | 160.14% | -762.84% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
City Area Code
CityAreaCode
|
702 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MP Materials Corp. / DE | ||
dei |
Amendment Flag
AmendmentFlag
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false | ||
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0001801368 | ||
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Document Fiscal Year Focus
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2022 | ||
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Document Fiscal Period Focus
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Q2 | ||
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Current Fiscal Year End Date
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--12-31 | ||
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10-Q | ||
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true | ||
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2022-06-30 | ||
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001-39277 | ||
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DE | ||
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84-4465489 | ||
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6720 Via Austi Parkway, Suite 450 | ||
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Las Vegas | ||
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NV | ||
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89119 | ||
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Common Stock, par value of $0.0001 per share | ||
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MP | ||
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NYSE | ||
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|
1668000 | usd |
CY2021Q2 | mp |
Advanced Projects Development And Other Expense
AdvancedProjectsDevelopmentAndOtherExpense
|
984000 | usd |
mp |
Advanced Projects Development And Other Expense
AdvancedProjectsDevelopmentAndOtherExpense
|
3486000 | usd | |
mp |
Advanced Projects Development And Other Expense
AdvancedProjectsDevelopmentAndOtherExpense
|
1109000 | usd | |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5407000 | usd |
CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6666000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10667000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12816000 | usd | |
CY2022Q2 | us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
419000 | usd |
CY2021Q2 | us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
592000 | usd |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
837000 | usd | |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
1185000 | usd | |
CY2022Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2021Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1809000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1809000 | usd | |
CY2022Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
47808000 | usd |
CY2021Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
40653000 | usd |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
99042000 | usd | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
78915000 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
95754000 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
32465000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
210778000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
54174000 | usd | |
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-1326000 | usd |
CY2021Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2639000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-3231000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-3793000 | usd | |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2212000 | usd |
CY2021Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3504000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2406000 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.198 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3559000 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
96640000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
33330000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
209953000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
53940000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23371000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6164000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
51133000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10655000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27166000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176527570 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
172677923 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176442043 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
170810353 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193414563 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193145644 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193452921 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186282857 | shares | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27166000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-416000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-416000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
72853000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
27166000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
158404000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
43285000 | usd | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1090368000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7718000 | usd |
CY2022Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
202000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-416000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1170737000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
875157000 | usd |
CY2021Q2 | mp |
Stock Issued During Period Value Warrants
StockIssuedDuringPeriodValueWarrants
|
-1000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4498000 | usd |
CY2021Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
193000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27166000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
2000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
906625000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1008732000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17897000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
14296000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-416000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1170737000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
853877000 | usd |
mp |
Stock Issued During Period Value Warrants
StockIssuedDuringPeriodValueWarrants
|
-1000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10171000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
527000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
180000 | usd | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
906625000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10667000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12816000 | usd | |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
837000 | usd | |
us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
1185000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1008000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
3401000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-258000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-37000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17213000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10171000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2274000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
3287000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1809000 | usd | |
mp |
Contract With Customer Liability Related Parties Revenue Recognized For Debt Principal Reduction
ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction
|
13566000 | usd | |
mp |
Contract With Customer Liability Related Parties Revenue Recognized For Debt Principal Reduction
ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction
|
22901000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-42106000 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-8105000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-18261000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4589000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3552000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
5038000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
4271000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
0 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1437000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2973000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5476000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4236000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-3463000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
2451000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-675000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-511000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
219862000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
47969000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
122584000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
44691000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
599195000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
125000 | usd | |
mp |
Proceeds From Government Reimbursements For Property Plant And Equipment
ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment
|
5130000 | usd | |
mp |
Proceeds From Government Reimbursements For Property Plant And Equipment
ProceedsFromGovernmentReimbursementsForPropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-716649000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-44566000 | usd | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
690000000 | usd | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
4488000 | usd | |
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
990000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
17749000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
14296000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
527000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-244000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-18784000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
670490000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-515571000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
673893000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1181157000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
532440000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
665586000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1206333000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
664457000 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1196875000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
600000 | usd |
CY2021Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
340000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
529000 | usd |
CY2021Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
9118000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
665586000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1206333000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of the unaudited Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities at the date of the unaudited Condensed Consolidated Financial Statements, and (iii) the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates. | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Financial instruments that potentially subject the Company to credit risk consist principally of cash and cash equivalents, short-term investments and trade accounts receivable. The Company believes that its credit risk is limited because the Company’s current contracts are with companies with a reliable payment history. The Company does not believe that it is exposed to any significant risks related to its cash accounts, money market funds, or short-term investments.<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of June 30, 2022, Shenghe, a related party of the Company and our principal customer, accounted for more than 90% of product sales. Furthermore, while revenue is generated in the United States, Shenghe conducts its primary operations in China and may transport and sell products in the Chinese market. Therefore, the Company’s revenue is affected by Shenghe’s ultimate realized prices in China. In addition, there is an ongoing economic conflict between China and the United States that has resulted in tariffs and trade barriers that may negatively affect the Company’s business and results of operations. See </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i2e307a096c2f46d8a42a970938a76285_40" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 3, “Relationship and Agreements with Shenghe,”</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for additional information.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, a novel strain of coronavirus (known as “COVID-19”) began to impact the population of China. In March 2020, the outbreak of COVID-19 was declared a global pandemic after growing both in the United States and globally. The responses by governments, societies, and private sector entities to the COVID-19 pandemic, which include temporary closures of businesses, social distancing, travel restrictions, “shelter in place,” and other governmental regulations and various economic stimulus programs, have significantly impacted market volatility and general global economic conditions, including significant business and supply chain disruption as well as broad-based changes in supply and demand.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Since the onset of the COVID-19 pandemic, we have experienced, at times, significant shipping delays due to congestion and slowdowns at U.S. and international ports caused by shortages in vessels, containers, and truckers, also disrupting the global supply chain. Congestion and slowdowns have affected and may continue to affect the capacity at ports to receive deliveries of products or the loading of shipments onto vessels. Despite these factors, we have not experienced a reduction in production or sales due to the COVID-19 pandemic; however, the COVID-19 pandemic has contributed to certain cost and schedule pressures on the Stage II optimization project. The Company has worked proactively and diligently to adjust working schedules and hours to optimize logistics and shipping, which has thus far prevented a significant negative impact on our product sales and has mitigated certain impacts on Stage II construction and recommissioning progress. However, there can be no assurance that the ongoing COVID-19 pandemic will not have a negative impact on our production, sales, or growth projects in the future.</span></div><div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As the situation continues to evolve, including as a result of new and potential future variants of COVID-19, the possibility of federal or state mandates on vaccinations, or other factors that may affect international shipping and logistics or involve responses to government actions such as strikes or other disruptions, it is impossible to predict the effect and ultimate impact of the COVID-19 pandemic on the Company’s business and results of operations. The extent and duration of any business disruptions, and related financial impact, cannot be estimated at this time.</span></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Certain amounts in prior periods have been reclassified to conform to the current year presentation. | ||
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
600203000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
537000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
599666000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
0 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
0 | usd |
CY2022Q2 | mp |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
1264679000 | usd |
CY2022Q2 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q2 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
556000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
1264123000 | usd |
CY2021Q4 | mp |
Cash Cash Equivalents And Available For Sale Debt Securities Amortized Cost
CashCashEquivalentsAndAvailableForSaleDebtSecuritiesAmortizedCost
|
1179297000 | usd |
CY2021Q4 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2021Q4 | mp |
Cash Equivalents And Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAndAvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
1179297000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2022Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
12186000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
10711000 | usd |
CY2022Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
28455000 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
25574000 | usd |
CY2022Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1603000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2407000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
42244000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
38692000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1800000 | usd | |
CY2021Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1800000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd | |
CY2022Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
798636000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
650241000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
48788000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
39629000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
749848000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
610612000 | usd |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
154400000 | usd | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
62100000 | usd | |
CY2020Q4 | mp |
Technology Investment Agreement Stage Ii Optimization Contribution
TechnologyInvestmentAgreementStageIIOptimizationContribution
|
9600000 | usd |
mp |
Proceeds From Technology Investment Agreement Stage Ii Optimization Contribution
ProceedsFromTechnologyInvestmentAgreementStageIIOptimizationContribution
|
5100000 | usd | |
CY2022Q2 | mp |
Technology Investment Agreement Stage Ii Optimization Contribution
TechnologyInvestmentAgreementStageIIOptimizationContribution
|
100000 | usd |
CY2022Q1 | mp |
Hree Production Project Agreement Stage Ii Optimization Contribution
HREEProductionProjectAgreementStageIIOptimizationContribution
|
35000000 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
2257000 | usd |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
1890000 | usd |
us-gaap |
Depreciation
Depreciation
|
4358000 | usd | |
us-gaap |
Depreciation
Depreciation
|
3419000 | usd | |
CY2022Q2 | us-gaap |
Depletion
Depletion
|
3075000 | usd |
CY2021Q2 | us-gaap |
Depletion
Depletion
|
4686000 | usd |
us-gaap |
Depletion
Depletion
|
6144000 | usd | |
us-gaap |
Depletion
Depletion
|
9217000 | usd | |
CY2021Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2022Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
13317000 | usd |
CY2021Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
15073000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
676683000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
674927000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
676683000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
674927000 | usd |
CY2021Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
100000 | usd |
CY2022Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
100000 | usd |
CY2022Q2 | mp |
Asset Retirement Obligations Estimated Undiscounted Cash Flows To Satisfy Obligation
AssetRetirementObligationsEstimatedUndiscountedCashFlowsToSatisfyObligation
|
167200000 | usd |
CY2021Q4 | mp |
Asset Retirement Obligations Estimated Undiscounted Cash Flows To Satisfy Obligation
AssetRetirementObligationsEstimatedUndiscountedCashFlowsToSatisfyObligation
|
167300000 | usd |
CY2022Q2 | mp |
Asset Retirement Obligation Closure And Reclamation Obligations Financial Assurances
AssetRetirementObligationClosureAndReclamationObligationsFinancialAssurances
|
42300000 | usd |
CY2021Q4 | mp |
Asset Retirement Obligation Closure And Reclamation Obligations Financial Assurances
AssetRetirementObligationClosureAndReclamationObligationsFinancialAssurances
|
39000000 | usd |
mp |
Accrual For Environmental Loss Contingencies Remediation Term
AccrualForEnvironmentalLossContingenciesRemediationTerm
|
P26Y | ||
CY2022Q2 | us-gaap |
Accrual For Environmental Loss Contingencies Discount Rate
AccrualForEnvironmentalLossContingenciesDiscountRate
|
0.0293 | |
CY2022Q2 | us-gaap |
Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
|
27400000 | usd |
CY2021Q4 | us-gaap |
Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
|
27700000 | usd |
CY2022Q2 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
500000 | usd |
CY2021Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
500000 | usd |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.242 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | ||
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.185 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.198 | ||
CY2021Q4 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-1000000 | usd |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7400000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17200000 | usd | |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4500000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10200000 | usd | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
300000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
700000 | usd | |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176527570 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
172677923 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176442043 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
170810353 | shares | |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
3440138 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
5681248 | shares | |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
15584409 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
15584409 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
15584409 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
8351866 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193414563 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193145644 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193452921 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186282857 | shares | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.185 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27166000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176527570 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
172677923 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176442043 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
170810353 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
73269000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27166000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
158820000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
43285000 | usd | |
CY2022Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
993000 | usd |
CY2021Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
1064000 | usd |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
1981000 | usd | |
us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
1106000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
74262000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
28230000 | usd |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
160801000 | usd | |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
44391000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193414563 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193145644 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193452921 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186282857 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.242 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.244 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
1040000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
134000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
16621000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2000 | usd | |
mp |
Capital Expenditures Acquired On Seller Financed Equipment Notes
CapitalExpendituresAcquiredOnSellerFinancedEquipmentNotes
|
0 | usd | |
mp |
Capital Expenditures Acquired On Seller Financed Equipment Notes
CapitalExpendituresAcquiredOnSellerFinancedEquipmentNotes
|
9407000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
31839000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
17372000 | usd | |
mp |
Notes Reduction Due To Revenue Recognized In Exchange
NotesReductionDueToRevenueRecognizedInExchange
|
13566000 | usd | |
mp |
Notes Reduction Due To Revenue Recognized In Exchange
NotesReductionDueToRevenueRecognizedInExchange
|
22901000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
3401000 | usd |