2024 Q1 Form 10-K Financial Statement
#000186872624000010 Filed on February 29, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $98.91M | $111.7M | $458.3M |
YoY Change | -13.08% | -14.54% | -34.93% |
Cost Of Revenue | $27.56M | $34.94M | $139.7M |
YoY Change | -16.42% | -9.56% | -24.39% |
Gross Profit | $71.34M | $76.78M | $318.6M |
YoY Change | -11.72% | -16.63% | -38.67% |
Gross Profit Margin | 72.13% | 68.73% | 69.52% |
Selling, General & Admin | $40.44M | $49.17M | $168.9M |
YoY Change | 15.79% | 41.93% | 48.35% |
% of Gross Profit | 56.68% | 64.04% | 53.02% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $149.0K | $12.63M | $479.0K |
YoY Change | 28.45% | -2.37% | 31.96% |
% of Gross Profit | 0.21% | 16.44% | 0.15% |
Operating Expenses | $51.73M | $59.62M | $210.4M |
YoY Change | 14.32% | 32.37% | 35.61% |
Operating Profit | $19.62M | $17.16M | $108.2M |
YoY Change | -44.84% | -63.52% | -70.3% |
Interest Expense | $14.50M | -$8.867M | $57.95M |
YoY Change | 37.57% | -15.75% | 40.74% |
% of Operating Profit | 73.94% | -51.66% | 53.55% |
Other Income/Expense, Net | -$947.0K | $1.548M | $7.624M |
YoY Change | -491.32% | -3.01% | -142.41% |
Pretax Income | $10.37M | $17.25M | $76.72M |
YoY Change | -58.95% | -58.14% | -74.87% |
Income Tax | $2.623M | $3.147M | $15.13M |
% Of Pretax Income | 25.3% | 18.25% | 19.72% |
Net Earnings | $7.746M | $14.10M | $61.59M |
YoY Change | -63.05% | -58.07% | -74.77% |
Net Earnings / Revenue | 7.83% | 12.62% | 13.44% |
Basic Earnings Per Share | $0.01 | $0.09 | |
Diluted Earnings Per Share | $0.01 | $0.02 | $0.09 |
COMMON SHARES | |||
Basic Shares Outstanding | 660.8M shares | 654.7M shares | 654.6M shares |
Diluted Shares Outstanding | 663.6M shares | 677.6M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $507.5M | $466.4M | $466.4M |
YoY Change | 37.41% | 44.48% | 44.48% |
Cash & Equivalents | $507.5M | $466.4M | $466.4M |
Short-Term Investments | |||
Other Short-Term Assets | $11.54M | $9.953M | $9.953M |
YoY Change | -30.75% | 13.48% | 13.48% |
Inventory | $94.64M | $95.92M | $95.92M |
Prepaid Expenses | |||
Receivables | $25.81M | $40.92M | $40.92M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $639.5M | $613.2M | $613.2M |
YoY Change | 13.48% | 17.42% | 17.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.241M | $930.0K | $930.0K |
YoY Change | 20.96% | -10.06% | -10.06% |
Goodwill | $168.3M | $168.3M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $935.9M | $947.7M | |
YoY Change | -4.79% | -4.76% | |
Long-Term Investments | $8.416M | ||
YoY Change | |||
Other Assets | $8.416M | $10.20M | $10.20M |
YoY Change | -15.87% | -8.03% | |
Total Long-Term Assets | $1.114B | $1.127B | $1.127B |
YoY Change | -4.17% | -4.11% | -4.11% |
TOTAL ASSETS | |||
Total Short-Term Assets | $639.5M | $613.2M | $613.2M |
Total Long-Term Assets | $1.114B | $1.127B | $1.127B |
Total Assets | $1.753B | $1.740B | $1.740B |
YoY Change | 1.6% | 2.51% | 2.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $17.22M | $7.073M | $7.073M |
YoY Change | 83.06% | -27.44% | -27.44% |
Accrued Expenses | $18.16M | $20.58M | $28.59M |
YoY Change | -8.85% | 20.28% | 54.49% |
Deferred Revenue | $1.067M | $1.051M | |
YoY Change | -52.15% | -47.84% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $6.750M | $6.750M | $6.750M |
YoY Change | 0.0% | -20.0% | -20.0% |
Total Short-Term Liabilities | $59.73M | $56.14M | $56.14M |
YoY Change | 2.57% | 1.91% | 1.91% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $647.7M | $649.0M | $649.0M |
YoY Change | -0.81% | -0.81% | -0.81% |
Other Long-Term Liabilities | $2.065M | $1.694M | $187.2M |
YoY Change | -99.0% | -99.18% | -8.99% |
Total Long-Term Liabilities | $649.8M | $650.7M | $836.2M |
YoY Change | -0.5% | -0.55% | -2.77% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $59.73M | $56.14M | $56.14M |
Total Long-Term Liabilities | $649.8M | $650.7M | $836.2M |
Total Liabilities | $897.7M | $895.4M | $895.4M |
YoY Change | -2.34% | -2.33% | -2.33% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $534.2M | $526.4M | |
YoY Change | 9.96% | 13.25% | |
Common Stock | $675.0K | $671.0K | |
YoY Change | 3.37% | 3.39% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $855.7M | $845.0M | $845.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.753B | $1.740B | $1.740B |
YoY Change | 1.6% | 2.51% | 2.51% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $7.746M | $14.10M | $61.59M |
YoY Change | -63.05% | -58.07% | -74.77% |
Depreciation, Depletion And Amortization | $149.0K | $12.63M | $479.0K |
YoY Change | 28.45% | -2.37% | 31.96% |
Cash From Operating Activities | $43.71M | $49.04M | $177.5M |
YoY Change | -9.11% | -33.3% | -30.47% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $451.0K | $712.0K | $375.0K |
YoY Change | 321.5% | -26.6% | -42.31% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.084M | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | -$1.084M | -$712.0K | -$3.614M |
YoY Change | 71.79% | -26.6% | 34.75% |
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 | -$1.517M | -11.51M | -$30.33M |
YoY Change | 63.82% | -1435.15% | -73.91% |
NET CHANGE | |||
Cash From Operating Activities | $43.71M | 49.04M | $177.5M |
Cash From Investing Activities | -$1.084M | -712.0K | -$3.614M |
Cash From Financing Activities | -$1.517M | -11.51M | -$30.33M |
Net Change In Cash | $41.11M | 36.81M | $143.6M |
YoY Change | -11.66% | -49.85% | 5.26% |
FREE CASH FLOW | |||
Cash From Operating Activities | $43.71M | $49.04M | $177.5M |
Capital Expenditures | $451.0K | $712.0K | $375.0K |
Free Cash Flow | $43.26M | $48.32M | $177.2M |
YoY Change | -9.85% | -33.39% | -30.44% |
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704274000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
598365000 | usd |
CY2023 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
131323000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
177221000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
116554000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
7500000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
7989000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
124543000 | usd |
CY2023 | olpx |
Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
|
41468000 | usd |
CY2023 | us-gaap |
Operating Expenses
OperatingExpenses
|
210410000 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
155159000 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
334154000 | usd |
CY2023 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
18828000 | usd |
CY2022 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
2775000 | usd |
CY2021 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
0 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-18803000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023 | olpx |
Tax Receivable Agreement Liability Adjustment Operating Activities
TaxReceivableAgreementLiabilityAdjustmentOperatingActivities
|
7404000 | usd |
CY2022 | olpx |
Tax Receivable Agreement Liability Adjustment Operating Activities
TaxReceivableAgreementLiabilityAdjustmentOperatingActivities
|
3084000 | usd |
CY2021 | olpx |
Tax Receivable Agreement Liability Adjustment Operating Activities
TaxReceivableAgreementLiabilityAdjustmentOperatingActivities
|
3615000 | usd |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7624000 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-17975000 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2603000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
275609000 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
648166472 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
677578245 | shares |
CY2023 | us-gaap |
Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
|
-1212000 | usd |
CY2022 | us-gaap |
Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
|
2577000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1212000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2577000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
60375000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
246649000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
220784000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
530673000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
633000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
220784000 | usd |
CY2021 | olpx |
Adjustments To Additional Paid In Capital Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
|
232893000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3963000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1138000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
524298000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
244072000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
1632000 | usd |
CY2022 | olpx |
Stock Issued During Period Value Non Option Equity Instruments Exercised
StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised
|
638000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7275000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1877000 | usd |
CY2022 | us-gaap |
Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
|
2577000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
780957000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
61587000 | usd |
CY2023 | olpx |
Stock Issued During Period Value Non Option Equity Instruments Exercised
StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised
|
326000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9072000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
18723000 | usd |
CY2023 | us-gaap |
Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
|
-1212000 | usd |
CY2023 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
8345000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
7500000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
7989000 | usd |
CY2023 | olpx |
Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
|
41468000 | usd |
CY2022 | olpx |
Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
|
41282000 | usd |
CY2021 | olpx |
Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
|
40790000 | usd |
CY2023 | olpx |
Inventory Write Down And Disposal
InventoryWriteDownAndDisposal
|
15227000 | usd |
CY2022 | olpx |
Inventory Write Down And Disposal
InventoryWriteDownAndDisposal
|
8180000 | usd |
CY2021 | olpx |
Inventory Write Down And Disposal
InventoryWriteDownAndDisposal
|
0 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
479000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
363000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
162000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1812000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1543000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2830000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1774000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
9179000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2486000 | usd |
CY2023 | olpx |
Tax Receivable Agreement Liability Adjustment
TaxReceivableAgreementLiabilityAdjustment
|
7404000 | usd |
CY2022 | olpx |
Tax Receivable Agreement Liability Adjustment
TaxReceivableAgreementLiabilityAdjustment
|
3084000 | usd |
CY2021 | olpx |
Tax Receivable Agreement Liability Adjustment
TaxReceivableAgreementLiabilityAdjustment
|
3615000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9072000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7275000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3963000 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-18803000 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1060000 | usd |
CY2022 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-412000 | usd |
CY2021 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5299000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
7199000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-9419000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2352000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
8722000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-7322000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
19613000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
467000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
6229000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
177532000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
255324000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
200029000 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
375000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
650000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
875000 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
500000 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | usd |
CY2023 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
2739000 | usd |
CY2022 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
2032000 | usd |
CY2021 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
890000 | usd |
CY2023 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | usd |
CY2021 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
4500000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3614000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2682000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6265000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
633000 | usd |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4974000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1876000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1138000 | usd |
CY2023 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
8438000 | usd |
CY2022 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
780380000 | usd |
CY2021 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
20111000 | usd |
CY2023 | olpx |
Payment To Pre Ipo Stockholders Pursuant To Tax Receivable Agreement
PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement
|
16452000 | usd |
CY2022 | olpx |
Payment To Pre Ipo Stockholders Pursuant To Tax Receivable Agreement
PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement
|
0 | usd |
CY2021 | olpx |
Payment To Pre Ipo Stockholders Pursuant To Tax Receivable Agreement
PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
675000000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
11944000 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-30326000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-116222000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-18340000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
143592000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
136420000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
322808000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
186388000 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
59922000 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
33812000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
59595000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
41226000 | usd |
CY2023 | olpx |
Initial Public Offering And Strategic Transition Costs Included In Accounts Payable And Accrued Expenses
InitialPublicOfferingAndStrategicTransitionCostsIncludedInAccountsPayableAndAccruedExpenses
|
0 | usd |
CY2022 | olpx |
Initial Public Offering And Strategic Transition Costs Included In Accounts Payable And Accrued Expenses
InitialPublicOfferingAndStrategicTransitionCostsIncludedInAccountsPayableAndAccruedExpenses
|
0 | usd |
CY2021 | olpx |
Initial Public Offering And Strategic Transition Costs Included In Accounts Payable And Accrued Expenses
InitialPublicOfferingAndStrategicTransitionCostsIncludedInAccountsPayableAndAccruedExpenses
|
243000 | usd |
CY2023 | olpx |
Transfer To Due To Related Parties
TransferToDueToRelatedParties
|
0 | usd |
CY2022 | olpx |
Transfer To Due To Related Parties
TransferToDueToRelatedParties
|
0 | usd |
CY2021 | olpx |
Transfer To Due To Related Parties
TransferToDueToRelatedParties
|
232893000 | usd |
CY2023 | olpx |
Noncash Stock Options Exercised
NoncashStockOptionsExercised
|
13749000 | usd |
CY2022 | olpx |
Noncash Stock Options Exercised
NoncashStockOptionsExercised
|
0 | usd |
CY2021 | olpx |
Noncash Stock Options Exercised
NoncashStockOptionsExercised
|
0 | usd |
CY2023 | olpx |
Liability Reclassification To Additional Paid In Capital
LiabilityReclassificationToAdditionalPaidInCapital
|
0 | usd |
CY2022 | olpx |
Liability Reclassification To Additional Paid In Capital
LiabilityReclassificationToAdditionalPaidInCapital
|
1632000 | usd |
CY2021 | olpx |
Liability Reclassification To Additional Paid In Capital
LiabilityReclassificationToAdditionalPaidInCapital
|
0 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2128000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
19198000 | usd |
CY2021Q4 | olpx |
Tax Receivable Agreement Percent Of Tax Benefits With Provided Payment
TaxReceivableAgreementPercentOfTaxBenefitsWithProvidedPayment
|
0.85 | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Estimates and Assumptions</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of satisfaction of performance obligations, variable consideration, and other obligations such as product returns, allowance for promotions, and refunds; loss contingencies; the fair value of share-based options and stock settled stock </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">appreciation rights (“SARs”); the fair value of and/or potential impairment of goodwill and intangible assets for the Company’s reporting unit; the fair value of the Company’s interest rate cap; useful lives of the Company’s tangible and intangible assets; estimated income tax expense and tax payments; future payment obligations under the Tax Receivable Agreement; the net realizable value of, and demand for the Company’s inventory. Actual results and outcomes may differ from management’s estimates and assumptions due to risks and uncertainties.</span></div> | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
466400000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
322808000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
21465000 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
15200000 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2023 | olpx |
Number Of Operating Segment Components
NumberOfOperatingSegmentComponents
|
3 | component |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
8589000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
10402000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1051000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2015000 | usd |
CY2023 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-69000 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-2025000 | usd |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1027000 | usd |
CY2021 | olpx |
Stock Issuance Costs
StockIssuanceCosts
|
8488000 | usd |
CY2023 | olpx |
Number Of Operating Segment Components
NumberOfOperatingSegmentComponents
|
3 | component |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2023 | olpx |
Contract With Customer Liability Returns
ContractWithCustomerLiabilityReturns
|
9155000 | usd |
CY2022 | olpx |
Contract With Customer Liability Returns
ContractWithCustomerLiabilityReturns
|
9983000 | usd |
CY2021 | olpx |
Contract With Customer Liability Returns
ContractWithCustomerLiabilityReturns
|
0 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1051000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2015000 | usd |
CY2023 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
2015000 | usd |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
5022000 | usd |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and cash equivalents. Although the Company deposits its cash with creditworthy financial institutions, its deposits, at times, may exceed federally insured limits. To date, the Company has not experienced any losses on it cash deposits.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company extends credit to customers in certain industries which may be affected by changes in economic or other external conditions. A small amount of the Company’s customers have net sales exceeding 10% of total net sales. During the year ended </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, two customers represented 21% of the Company’s total net sales, in aggregate, and represented</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 20% of the Company’s total accounts receivable balance</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. During the year ended December 31, 2022, one customer represented 16% of the Company’s total net sales and represented an immaterial amount of the total accounts receivable balance. During the year ended December 31, 2021, two customers represented 25% of the Company’s total net sales, in aggregate, and represented 11% of the Company’s total accounts receivable balance. The Company has not experienced material bad debt losses due to this concentration.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company purchases its inventories for certain product categories from a small number of vendors. The Company’s largest vendor represented 32%, 49% and 59% of the Company’s inventory product purchases for the years ended </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022 and 2021, respectively. </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">One vendor manufactures products that accounted for more than 61%, 77% and 75% of the Company’s net sales for the years ended </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2022 and 2021, respectively. The Company’s products are also primarily manufactured and fulfilled by companies located in Southern California.</span></div> | |
CY2023 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
60543000 | usd |
CY2022 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
24864000 | usd |
CY2021 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
11137000 | usd |
CY2021Q4 | olpx |
Tax Receivable Agreement Percent Of Tax Benefits With Provided Payment
TaxReceivableAgreementPercentOfTaxBenefitsWithProvidedPayment
|
0.85 | |
CY2021Q4 | olpx |
Tax Receivable Agreement Percent Of Tax Benefits Retained By Company
TaxReceivableAgreementPercentOfTaxBenefitsRetainedByCompany
|
0.15 | |
CY2023Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
198200000 | usd |
CY2023 | olpx |
Related Party Transaction Term Of Agreement
RelatedPartyTransactionTermOfAgreement
|
P12Y | |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts presented have been reclassified within “Note 8 - Accrued Expenses and Other Current Liabilities” as of </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2023</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to conform with the current period presentation, including a prior year reclassification from Other accrued expenses and current liabilities to Accrued advertising. The reclassifications occurred as a result of an increase in the significance of the current year amount. There was no change to the Consolidated Balance Sheet, Statements of Operations and Comprehensive Income, and Statement of Cash Flows from the reclassification.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, certain amounts presented have been reclassified within the “Consolidated Statements of Operations and Comprehensive Income” to conform with the current period presentation, including a prior year reclassification from Interest expense, net to Interest income for years ending December 31, 2023, 2022 and 2021. The reclassifications occurred as a result of an increase in the significance of the current year amount. There was no change to the Consolidated Balance Sheet, Statements of Operations and Comprehensive Income, and Statement of Cash Flows from the reclassification.</span></div> | |
CY2023Q4 | olpx |
Number Of Business Channels
NumberOfBusinessChannels
|
3 | business_channel |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
458300000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
704274000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
598365000 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
458300000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
704274000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
598365000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
30306000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
36194000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
65616000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
108231000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
95922000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
144425000 | usd |
CY2023 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
15200000 | usd |
CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2021 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2023Q4 | olpx |
Equity Securities Without Readily Determinable Fair Value Capital Contributions Net Of Distributions And Impairments
EquitySecuritiesWithoutReadilyDeterminableFairValueCapitalContributionsNetOfDistributionsAndImpairments
|
4500000 | usd |
CY2022Q4 | olpx |
Equity Securities Without Readily Determinable Fair Value Capital Contributions Net Of Distributions And Impairments
EquitySecuritiesWithoutReadilyDeterminableFairValueCapitalContributionsNetOfDistributionsAndImpairments
|
4500000 | usd |
CY2023Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
4500000 | usd |
CY2022Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
4500000 | usd |
CY2023 | olpx |
Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
|
Interest rate cap at December 31, 2023 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1147160000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
199446000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
947714000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
168300000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
168300000 | usd |
CY2023Q4 | olpx |
Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
|
1315460000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
199446000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
1116014000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1143922000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
148894000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
995028000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
168300000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
168300000 | usd |
CY2022Q4 | olpx |
Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
|
1312222000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
148894000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
1163328000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
20576000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
17107000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
52274000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
51168000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
50359000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
49833000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
49830000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
694250000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
947714000 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
4133000 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
3187000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
4639000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
4092000 | usd |
CY2023Q4 | olpx |
Accrued Freight Current
AccruedFreightCurrent
|
1229000 | usd |
CY2022Q4 | olpx |
Accrued Freight Current
AccruedFreightCurrent
|
3283000 | usd |
CY2023Q4 | us-gaap |
Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
|
6348000 | usd |
CY2022Q4 | us-gaap |
Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
|
1356000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1051000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2015000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
431000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
814000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2745000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2360000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
7415000 | usd |
CY2022Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
8854000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
655773000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
662771000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6750000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
8438000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
649023000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
654333000 | usd |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
39126000 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
41178000 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
61148000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
655800000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
615100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
662800000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
624600000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
76580000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
305192000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
275554000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
140000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
49000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
55000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
76720000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
305241000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
275609000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
150000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
424000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
4264000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
3488000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2249000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
1273000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
3297000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
0 | usd |
CY2023Q4 | olpx |
Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
|
473000 | usd |
CY2022Q4 | olpx |
Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
2307000 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
10701000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
44063000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
44660000 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2618000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
7918000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
7668000 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
40000 | usd |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
9000 | usd |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
11000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
13359000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
51990000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
52339000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1395000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
8172000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
2772000 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
379000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1007000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-286000 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1774000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
9179000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2486000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15133000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
61169000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
54825000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
4248000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
1289000 | usd |
CY2023Q4 | olpx |
Deferred Tax Assets Capitalized Transaction Costs
DeferredTaxAssetsCapitalizedTransactionCosts
|
2301000 | usd |
CY2022Q4 | olpx |
Deferred Tax Assets Capitalized Transaction Costs
DeferredTaxAssetsCapitalizedTransactionCosts
|
2667000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1380000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
176000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
19465000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
10521000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
10128000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
2484000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
|
9128000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
|
6962000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
1175000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
1141000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
1169000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
769000 | usd |
CY2023Q4 | olpx |
Deferred Tax Liability Right Of Use Assets
DeferredTaxLiabilityRightOfUseAssets
|
473000 | usd |
CY2022Q4 | olpx |
Deferred Tax Liability Right Of Use Assets
DeferredTaxLiabilityRightOfUseAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
408000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
|
787000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
22481000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
12143000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
3016000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1622000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Fdii Percent
EffectiveIncomeTaxRateReconciliationFdiiPercent
|
0.039 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Fdii Percent
EffectiveIncomeTaxRateReconciliationFdiiPercent
|
0.029 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Fdii Percent
EffectiveIncomeTaxRateReconciliationFdiiPercent
|
0.030 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.040 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.023 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.026 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
-0.001 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
-0.004 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
|
-0.012 | |
CY2023 | olpx |
Effective Income Tax Rate Reconciliation Tax Receivable Agreement Percent
EffectiveIncomeTaxRateReconciliationTaxReceivableAgreementPercent
|
-0.020 | |
CY2022 | olpx |
Effective Income Tax Rate Reconciliation Tax Receivable Agreement Percent
EffectiveIncomeTaxRateReconciliationTaxReceivableAgreementPercent
|
-0.002 | |
CY2021 | olpx |
Effective Income Tax Rate Reconciliation Tax Receivable Agreement Percent
EffectiveIncomeTaxRateReconciliationTaxReceivableAgreementPercent
|
-0.003 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.007 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.002 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.008 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.197 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.200 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.199 | |
CY2023 | olpx |
Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
|
16600000 | usd |
CY2022 | olpx |
Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
|
4200000 | usd |
CY2023Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
198200000 | usd |
CY2023 | olpx |
Related Party Transaction Term Of Agreement
RelatedPartyTransactionTermOfAgreement
|
P12Y | |
CY2021Q3 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
232900000 | usd |
CY2023Q4 | us-gaap |
Other Income
OtherIncome
|
7400000 | usd |
CY2022Q4 | us-gaap |
Other Income
OtherIncome
|
3100000 | usd |
CY2021Q4 | us-gaap |
Other Income
OtherIncome
|
3600000 | usd |
CY2023Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
198200000 | usd |
CY2023Q4 | olpx |
Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
|
185500000 | usd |
CY2023Q4 | olpx |
Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
|
12700000 | usd |
CY2022Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
222100000 | usd |
CY2022Q4 | olpx |
Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
|
205700000 | usd |
CY2022Q4 | olpx |
Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
|
16400000 | usd |
CY2022Q1 | olpx |
Base Share Price
BaseSharePrice
|
2.97 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
15786501 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
14736290 | shares |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9072000 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7275000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3963000 | usd |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
13015000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
17968000 | usd |
CY2021Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
11638000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
23396654 | shares |
CY2023 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
12782218 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1189681 | shares |
CY2023 | olpx |
Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
|
16600000 | usd |
CY2022 | olpx |
Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
|
4200000 | usd |
CY2023 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
CONTINGENCIES<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From time to time, the Company is subject to various legal actions arising in the ordinary course of business. The Company cannot predict with reasonable assurance the outcome of these legal actions brought against the Company as they are subject to uncertainties. Accordingly, any settlement or resolution in these legal actions may occur and affect the Company’s net income in such period as the settlement or resolution.</span></div><div style="margin-top:6pt;text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Pending Legal Proceedings: </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 17, 2022, a putative securities class action was filed against the Company and certain of its current and former officers and directors in the United States District Court for the Central District of California, captioned </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lilien v. Olaplex Holdings, Inc. et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, No. 2:22-cv-08395. A consolidated complaint was filed on April 28, 2023, which names as additional defendants the underwriters for the Company’s IPO and various stockholders that sold shares of common stock of the Company in the IPO. The action is brought on behalf of a putative class of purchasers of the Company’s common stock in or traceable to the Company’s IPO and asserts claims under Sections 11, 12, and 15 of the Securities Act of 1933. The action seeks certification of the putative class, compensatory damages, attorneys’ fees and costs, and any other relief that the court determines is appropriate. The defendants moved to dismiss the consolidated complaint on July 19, 2023. The court held a hearing on the defendants’ motions to dismiss on October 16, 2023, and a decision has yet to be issued. The underwriter defendants have notified the Company of their intent to seek indemnification from the Company pursuant to the IPO underwriting agreement regarding the claims asserted in this action. The Company intends to vigorously defend the pending lawsuit.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On November 15, 2023, a purported derivative action was filed against the Company, Advent International Corporation, and certain of the Company’s current and former officers and directors in the United States District Court for the Central District of California, captioned </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Ciuffo v. Dagousset</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, et al., No. 2:23-cv-09712-SVW-SK. This action is premised on allegations similar to those asserted in the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lilien</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> federal securities litigation. On February 1, 2024, the parties filed a joint stipulation to stay the purported derivative action pending a decision on the motions to dismiss filed in the </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lilien </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">federal securities action. </span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 9, 2023, twenty-eight plaintiffs filed </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Albahae, et al. v. Olaplex Holdings, Inc., et al.,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> No. 2:23-cv-00982, a complaint alleging personal and economic injury and asserting claims for breach of warranty, negligence/gross negligence, products liability, unjust enrichment, and violations of California False Advertising Law and Unfair Competition Law, against the Company and Cosway Company, Inc., the Company’s primary contract manufacturer, in the United States District Court for the Central District of California. On March 2, 2023, the plaintiffs amended the complaint to include seventy-three additional plaintiffs. The plaintiffs allege that certain ingredients used in some Company products have purportedly caused irritation or posed a hazard to consumers, and that the Company engaged in misrepresentation with respect to those products. The plaintiffs seek actual and consequential damages, punitive damages, restitution in the form of disgorgement of profits, attorneys’ fees and costs, and any other relief that the court determines is appropriate. On April 17, 2023, the Company moved to dismiss and to sever the plaintiffs’ claims. On July 11, 2023, the Court granted the Company’s motion to sever and dismissed all but the first named plaintiff. The Court also dismissed the operative complaint with leave to re-file on the grounds that it now contained allegations that were not relevant to the claims of the one, remaining plaintiff. On July 24, 2023, the remaining plaintiff filed a notice, voluntarily dismissing her claims without prejudice. As of the date of issuance of these consolidated financial statements, none of the plaintiffs have re-filed their claims. </span></div><div style="margin-top:6pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Any potential loss associated with these pending legal proceedings is not probable or reasonably estimable at this time.</span></div>As of December 31, 2023 and December 31, 2022, the Company was not subject to any other currently pending legal matters or claims that could have a material adverse effect on its financial position, results of operations, or cash flows should such litigation be resolved unfavorably. During the year ended December 31, 2021, the Company expensed approximately $14,250 included in selling, general and administrative costs in the accompanying consolidated financial statements associated with the amounts paid by the Company in connection with the final resolution of certain litigation and contingency matters involving a predecessor entity to the Company, as required pursuant to the purchase agreement with respect to the 2020 acquisition of the legacy Olaplex business. | |
CY2023Q1 | us-gaap |
Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
|
28 | plaintiff |
CY2023Q1 | us-gaap |
Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
|
73 | plaintiff |
CY2021 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
14250000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
61587000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
244072000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
220784000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
654592923 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
649092846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
648166472 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
22985322 | shares |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
41913000 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
41757320 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
677578245 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
691005846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
689923792 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.38 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.32 | |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4372562 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1194967 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
660731935 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
660731935 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
650091380 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
650091380 | shares |
CY2023Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
198200000 | usd |
CY2022Q4 | olpx |
Tax Receivable Agreement
TaxReceivableAgreement
|
222100000 | usd |
CY2023Q4 | olpx |
Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
|
12700000 | usd |
CY2022Q4 | olpx |
Tax Receivable Agreement Current
TaxReceivableAgreementCurrent
|
16400000 | usd |