$PACK
Ranpak Holdings Corp.

2020 Q3 Form 10-Q Financial Statement

#000156459020051709 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $76.80M $69.10M $40.30M
YoY Change 11.14% 6.14% -38.19%
Cost Of Revenue $46.60M $39.60M $23.20M
YoY Change 17.68% 5.04% -37.47%
Gross Profit $30.20M $29.50M $17.10M
YoY Change 2.37% 7.66% -39.15%
Gross Profit Margin 39.32% 42.69% 42.43%
Selling, General & Admin $16.60M $17.70M $10.00M
YoY Change -6.21% 40.48% -17.36%
% of Gross Profit 54.97% 60.0% 58.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.600M $5.500M $4.700M
YoY Change 56.36% -3.51% -14.55%
% of Gross Profit 28.48% 18.64% 27.49%
Operating Expenses $16.60M $17.70M $10.00M
YoY Change -6.21% 40.48% -17.36%
Operating Profit $2.800M $1.000M -$8.200M
YoY Change 180.0% -47.37% -286.36%
Interest Expense $4.900M $9.500M $8.000M
YoY Change -48.42% 18.75% 2.56%
% of Operating Profit 175.0% 950.0%
Other Income/Expense, Net $1.200M
YoY Change
Pretax Income -$5.300M -$5.300M -$14.80M
YoY Change 0.0% 1.92% -628.57%
Income Tax $800.0K -$3.700M -$2.400M
% Of Pretax Income
Net Earnings -$6.100M -$1.600M -$15.80M
YoY Change 281.25% -633.33% -931.58%
Net Earnings / Revenue -7.94% -2.32% -39.21%
Basic Earnings Per Share -$0.08 -$0.03 -$15.81K
Diluted Earnings Per Share -$0.08 -$0.03 -$0.23
COMMON SHARES
Basic Shares Outstanding 72.40M 53.87M 995.0 shares
Diluted Shares Outstanding 72.40M 53.87M 995.0 shares

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.30M $13.60M $11.50M
YoY Change 130.15% 2620.0% 1816.67%
Cash & Equivalents $31.30M $13.60M $11.50M
Short-Term Investments
Other Short-Term Assets $3.500M $2.800M $2.800M
YoY Change 25.0% 2700.0% 1300.0%
Inventory $13.50M $12.50M $14.10M
Prepaid Expenses
Receivables $42.40M
Other Receivables $6.200M
Total Short-Term Assets $96.90M $63.50M $59.60M
YoY Change 52.6% 8971.43% 7350.0%
LONG-TERM ASSETS
Property, Plant & Equipment $126.0M $121.2M $107.0M
YoY Change 3.96%
Goodwill $453.1M $411.6M $0.00
YoY Change 10.08%
Intangibles $441.8M $465.5M $448.1M
YoY Change -5.09%
Long-Term Investments
YoY Change
Other Assets $3.200M $3.700M $3.600M
YoY Change -13.51%
Total Long-Term Assets $1.024B $1.002B $1.023B
YoY Change 2.21% 230.26% 238.68%
TOTAL ASSETS
Total Short-Term Assets $96.90M $63.50M $59.60M
Total Long-Term Assets $1.024B $1.002B $1.023B
Total Assets $1.121B $1.066B $1.082B
YoY Change 5.21% 250.38% 257.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.80M $11.40M $11.20M
YoY Change 91.23% 11300.0% 11100.0%
Accrued Expenses $21.00M $11.70M $10.30M
YoY Change 79.49%
Deferred Revenue $800.0K $2.400M $2.700M
YoY Change -66.67%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $5.400M $0.00
YoY Change -70.37%
Total Short-Term Liabilities $49.80M $31.30M $24.20M
YoY Change 59.11% 31200.0% 24100.0%
LONG-TERM LIABILITIES
Long-Term Debt $424.8M $515.2M $526.7M
YoY Change -17.55%
Other Long-Term Liabilities $2.000M $2.500M $2.900M
YoY Change -20.0% -76.19% -72.38%
Total Long-Term Liabilities $426.8M $517.7M $529.6M
YoY Change -17.56% 4830.48% 4943.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.80M $31.30M $24.20M
Total Long-Term Liabilities $426.8M $517.7M $529.6M
Total Liabilities $603.7M $665.9M $671.7M
YoY Change -9.34% 5741.23% 5792.11%
SHAREHOLDERS EQUITY
Retained Earnings -$47.30M -$25.90M -$88.90M
YoY Change 82.63%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $1.500M
YoY Change
Treasury Stock Shares
Shareholders Equity $517.3M $410.2M $173.4M
YoY Change
Total Liabilities & Shareholders Equity $1.121B $1.066B $1.082B
YoY Change 5.21% 250.38% 257.46%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$6.100M -$1.600M -$15.80M
YoY Change 281.25% -633.33% -931.58%
Depreciation, Depletion And Amortization $8.600M $5.500M $4.700M
YoY Change 56.36% -3.51% -14.55%
Cash From Operating Activities $15.50M $13.00M -$13.30M
YoY Change 19.23% 80.56% -167.24%
INVESTING ACTIVITIES
Capital Expenditures $6.900M $7.900M $2.700M
YoY Change -12.66% 43.64% -82.47%
Acquisitions $944.8M
YoY Change
Other Investing Activities -$800.0K -$944.8M
YoY Change -414.93%
Cash From Investing Activities -$6.900M -$8.700M -$639.5M
YoY Change -20.69% 58.18% -324.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$156.4M
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -500.0K 0.000 $663.1M
YoY Change -100.0% -318.43%
NET CHANGE
Cash From Operating Activities 15.50M 13.00M -$13.30M
Cash From Investing Activities -6.900M -8.700M -$639.5M
Cash From Financing Activities -500.0K 0.000 $663.1M
Net Change In Cash 8.100M 4.300M $9.800M
YoY Change 88.37% -490.91% 1125.0%
FREE CASH FLOW
Cash From Operating Activities $15.50M $13.00M -$13.30M
Capital Expenditures $6.900M $7.900M $2.700M
Free Cash Flow $8.600M $5.100M -$16.00M
YoY Change 68.63% 200.0% -465.3%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
RANPAK HOLDINGS CORP.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Amendment Flag
AmendmentFlag
false
dei Security12b Title
Security12bTitle
Class A Ordinary Shares, par value $0.0001 per share
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
44077
dei Entity Central Index Key
EntityCentralIndexKey
0001712463
dei Document Transition Report
DocumentTransitionReport
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Address City Or Town
EntityAddressCityOrTown
Concord Township
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Entity File Number
EntityFileNumber
001-38348
dei Local Phone Number
LocalPhoneNumber
354-4445
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1377160
dei Trading Symbol
TradingSymbol
PACK
dei Security Exchange Name
SecurityExchangeName
NYSE
dei City Area Code
CityAreaCode
440
pack Classof Warrantor Right Threshold Numberof Trading Days Price Must Remain Above Trigger Price
ClassofWarrantorRightThresholdNumberofTradingDaysPriceMustRemainAboveTriggerPrice
P20D
pack Classof Warrantor Right Trading Periodthat Price Must Remain Above Trigger Price
ClassofWarrantorRightTradingPeriodthatPriceMustRemainAboveTriggerPrice
P30D
us-gaap Error Correction Type Extensible List
ErrorCorrectionTypeExtensibleList
pack:AdjustmentToCorrectErrorInSuccessorPeriodsMember
us-gaap Error Correction Type Extensible List
ErrorCorrectionTypeExtensibleList
pack:AdjustmentToCorrectErrorInSuccessorPeriodsMember
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Entity Address Address Line1
EntityAddressAddressLine1
7990 Auburn Road
CY2020Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
10400000
CY2019Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
9300000
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
28300000
CY2020Q3 us-gaap Revenues
Revenues
76800000
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
49800000
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-500000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2900000
us-gaap Cost Of Revenue
CostOfRevenue
61200000
us-gaap Gross Profit
GrossProfit
32800000
us-gaap Gross Profit
GrossProfit
45200000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
58100000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22500000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23800000
CY2019Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
300000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
7400000
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7700000
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10300000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
22900000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
13300000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
17700000
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1900000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-800000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2200000
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2800000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1000000.0
us-gaap Operating Income Loss
OperatingIncomeLoss
100000
us-gaap Operating Income Loss
OperatingIncomeLoss
-4100000
us-gaap Operating Income Loss
OperatingIncomeLoss
-5900000
CY2020Q3 us-gaap Interest Expense
InterestExpense
4900000
CY2019Q3 us-gaap Interest Expense
InterestExpense
9500000
us-gaap Interest Expense
InterestExpense
16600000
us-gaap Interest Expense
InterestExpense
17500000
us-gaap Interest Expense
InterestExpense
20200000
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3200000
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3200000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3100000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1600000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2200000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5300000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5300000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23900000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6100000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4900000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6100000
CY2019Q2 pack Stock Issued During Period Value Conversion Of Forward Additional Shares
StockIssuedDuringPeriodValueConversionOfForwardAdditionalShares
267000000.0
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-1600000
us-gaap Net Income Loss
NetIncomeLoss
-18200000
us-gaap Net Income Loss
NetIncomeLoss
-13900000
us-gaap Net Income Loss
NetIncomeLoss
-19000000.0
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-19195.40
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
995
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72396183
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53871068
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71401580
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53870568
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72396183
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53871068
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71401580
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53870568
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
8400000
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-11100000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
7900000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-6300000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-4000000.0
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-500000
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-12200000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
7900000
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-11100000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-4300000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-6300000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-4000000.0
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
100000
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-2100000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7800000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11100000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2200000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6300000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4000000.0
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1700000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12700000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20400000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20200000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23000000.0
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31300000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19700000
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42400000
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
21800000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
12300000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2500000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
36100000
CY2020Q3 us-gaap Inventory Net
InventoryNet
13500000
CY2019Q4 us-gaap Inventory Net
InventoryNet
11600000
CY2020Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6200000
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1500000
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3500000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2500000
CY2020Q3 us-gaap Assets Current
AssetsCurrent
96900000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
71400000
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
126000000.0
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
122500000
CY2020Q3 us-gaap Goodwill
Goodwill
453100000
CY2019Q4 us-gaap Goodwill
Goodwill
448800000
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
441800000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
458600000
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3200000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3100000
CY2020Q3 us-gaap Assets
Assets
1121000000.0
CY2019Q4 us-gaap Assets
Assets
1104400000
CY2020Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
25600000
CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
15500000
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1600000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1600000
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
800000
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11300000
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4600000
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2000000.0
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2300000
CY2020Q3 us-gaap Liabilities
Liabilities
603700000
CY2019Q4 us-gaap Liabilities
Liabilities
572600000
CY2020Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
563400000
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
557500000
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-47300000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-29100000
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1200000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3400000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
531800000
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1121000000.0
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
31900000
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
424800000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
418800000
CY2020Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
115800000
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
115000000.0
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1104400000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
5000000.0
CY2019Q2 pack Stock Issued During Period Value Forward Purchase Shares
StockIssuedDuringPeriodValueForwardPurchaseShares
0
CY2019Q2 pack Stock Issued During Period Value Additional Shares Purchased
StockIssuedDuringPeriodValueAdditionalSharesPurchased
0
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
518600000
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
33000000.0
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
63400000
CY2019Q2 pack Stock Issued During Period Value Conversion Of Public Shares
StockIssuedDuringPeriodValueConversionOfPublicShares
125000000.0
CY2019Q2 pack Stock Issued During Period Value Conversion Of Private Placement Warrants
StockIssuedDuringPeriodValueConversionOfPrivatePlacementWarrants
6400000
CY2019Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
200000
CY2019Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
2600000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-12400000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2300000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
421300000
CY2019Q3 pack Director Stock Issued During Period Value
DirectorStockIssuedDuringPeriodValue
0
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1600000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-1600000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11100000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
531800000
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0
CY2020Q1 pack Director Stock Issued During Period Value
DirectorStockIssuedDuringPeriodValue
0
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2200000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11800000
CY2020Q2 pack Director Stock Issued During Period Value
DirectorStockIssuedDuringPeriodValue
0
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2000000.0
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-8500000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1800000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
513900000
CY2020Q3 pack Stock Issued During Period Value For Warrants Exchange
StockIssuedDuringPeriodValueForWarrantsExchange
0
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1700000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6100000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7800000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
517300000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
196400000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-3200000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3400000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
189800000
CY2019Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-15800000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
173400000
us-gaap Net Income Loss
NetIncomeLoss
-18200000
us-gaap Net Income Loss
NetIncomeLoss
-13900000
us-gaap Net Income Loss
NetIncomeLoss
-19000000.0
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
45300000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20100000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26600000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1200000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
700000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7500000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1700000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-200000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1000000.0
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-900000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1300000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8200000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-14100000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2800000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6500000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3100000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2700000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1000000.0
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11300000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7200000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6400000
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
-1200000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-3200000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
800000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
2400000
us-gaap Restricted Stock Expense
RestrictedStockExpense
5900000
us-gaap Restricted Stock Expense
RestrictedStockExpense
1800000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4900000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
800000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1800000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
4500000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
5300000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1700000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2700000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2700000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1300000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1000000.0
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
500000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7100000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
800000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1400000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37800000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-300000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16700000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
21100000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
9700000
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
9900000
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3900000
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
800000
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
600000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25000000.0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10500000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10500000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
945600000
pack Proceeds From Cash Withdrawn From Trust Account
ProceedsFromCashWithdrawnFromTrustAccount
308100000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
500000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
200000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
300000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25500000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-648200000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10800000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
534600000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
314700000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
158300000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12600000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1200000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
14400000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4000000.0
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1200000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
663100000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14400000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2700000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1200000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11600000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11900000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7300000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19700000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1700000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17500000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31300000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13600000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10200000
us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:0.74%;text-indent:0%;font-weight:bold;;font-size:10pt;"> </p> <p id="FS_FOOTNOTES" style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 1 <span style="font-style:italic;">—</span> Nature of Operations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ranpak Holdings Corp. (formerly known as One Madison Corporation) is a leading provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. Through proprietary protective packaging systems and paper consumables, the Company offers a full suite of protective packaging solutions. The Company’s business is global, with a strong presence in the United States and Europe.  Throughout this report, when we refer to “Ranpak,” the “Company,” “we,” “our,” or “us,” we are referring to Ranpak Holdings Corp. and all of our subsidiaries, except where the context indicates otherwise. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">One Madison Corporation (“One Madison”) was originally formed as a blank check company incorporated on July 13, 2017 and was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. One Madison units, Class A ordinary shares originally sold as part of the units, and warrants originally sold as part of the units sold in the Company’s initial public offering on January 22, 2018 were listed in the New York Stock Exchange (the “NYSE”) under the symbols “OMAD.U”, “OMAD” and “OMAD.WS”, respectively.  The Class A ordinary shares and warrants comprising the units began separately trading on February 26, 2018.  Upon the closing of the business combination (the “Closing”) as described below, these shares and warrants that were converted as part of the transaction, began trading under the symbols “PACK” and “PACK WS,” respectively.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On June 3, 2019, the Company, consummated a business combination (the “Ranpak Business Combination”) pursuant to the Stock Purchase Agreement dated December 12, 2018 by and among the Company, Rack Holdings L.P., a Delaware limited partnership (“Seller”), and Rack Holdings, Inc., a Delaware corporation and a direct wholly owned subsidiary of Seller (“Rack Holdings”). The Company, through its wholly owned subsidiary, Ranger Packaging LLC (the “Acquiring Entity”), acquired all of the issued and outstanding equity interests of Rack Holdings from Seller, on the terms and subject to the conditions set forth in the Stock Purchase Agreement. Refer to Note 7, “<span style="font-style:italic;">Acquisition</span>” for further discussion of the Ranpak Business Combination. In connection with the Ranpak Business Combination, the Company domesticated to a Delaware corporation on May 31, 2019 and changed its name to Ranpak Holdings Corp.</p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates <span style="font-weight:normal;font-style:normal;">— </span><span style="Background-color:#FFFFFF;font-weight:normal;font-style:normal;">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates and such differences could be material.</span></p>
CY2020Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
42900000
CY2019Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
36300000
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
500000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
200000
CY2020Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
42400000
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
36100000
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
9100000
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
7200000
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5600000
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4700000
CY2020Q3 us-gaap Inventory Gross
InventoryGross
14700000
CY2019Q4 us-gaap Inventory Gross
InventoryGross
11900000
CY2020Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1200000
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000
CY2020Q3 us-gaap Inventory Net
InventoryNet
13500000
CY2019Q4 us-gaap Inventory Net
InventoryNet
11600000
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
165100000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
137800000
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
39100000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15300000
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
126000000.0
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
122500000
CY2020Q3 us-gaap Depreciation
Depreciation
8600000
CY2019Q3 us-gaap Depreciation
Depreciation
5500000
us-gaap Depreciation
Depreciation
24000000.0
us-gaap Depreciation
Depreciation
7400000
us-gaap Depreciation
Depreciation
9600000
CY2020Q3 us-gaap Interest Paid Net
InterestPaidNet
5500000
CY2019Q3 us-gaap Interest Paid Net
InterestPaidNet
7900000
us-gaap Interest Paid Net
InterestPaidNet
17000000.0
us-gaap Interest Paid Net
InterestPaidNet
7900000
us-gaap Interest Paid Net
InterestPaidNet
12500000
CY2020Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
1200000
CY2019Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
2200000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2700000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2400000
us-gaap Income Taxes Paid
IncomeTaxesPaid
4000000.0
CY2020Q3 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
CY2019Q3 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
300000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2020Q3 us-gaap Revenues
Revenues
76800000
CY2019Q3 us-gaap Revenues
Revenues
69100000
us-gaap Revenues
Revenues
206300000
us-gaap Revenues
Revenues
85400000
us-gaap Revenues
Revenues
106400000
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
11800000
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2500000
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
1300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1900000
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
1100000
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
800000
CY2020Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
10400000
CY2019Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
9300000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
28300000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
14400000
CY2020Q3 us-gaap Revenues
Revenues
76800000
CY2019Q3 us-gaap Revenues
Revenues
69100000
us-gaap Revenues
Revenues
206300000
us-gaap Revenues
Revenues
85400000
us-gaap Revenues
Revenues
106400000
CY2019Q4 us-gaap Goodwill
Goodwill
448800000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
4300000
CY2020Q3 us-gaap Goodwill
Goodwill
453100000
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
374000000.0
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
38300000
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
335700000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
369000000.0
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16400000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
352600000
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
480100000
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
441800000
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
475000000.0
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
458600000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7200000
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
29000000.0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
29000000.0
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
29000000.0
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29000000.0
CY2020Q3 pack Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
210900000
CY2020Q3 pack Finite Lived Intangible Assets Net Excluding In Process Rd
FiniteLivedIntangibleAssetsNetExcludingInProcessRD
334100000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21300000
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9800000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000000.0
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
426400000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
420400000
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1600000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1600000
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
424800000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
418800000
CY2020Q1 pack Debt Covenant Restrictive Payments
DebtCovenantRestrictivePayments
10000000
CY2020Q1 pack Debt Covenant Threshold Percentageof Debt Capacityof Cash Contributions
DebtCovenantThresholdPercentageofDebtCapacityofCashContributions
0.10
CY2019 pack Debt Covenant Restrictive Payments
DebtCovenantRestrictivePayments
7000000
CY2019 pack Debt Covenant Threshold Percentageof Debt Capacityof Cash Contributions
DebtCovenantThresholdPercentageofDebtCapacityofCashContributions
0.07
CY2020Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-4600000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2020Q3 us-gaap Interest Expense
InterestExpense
4900000
CY2019Q3 us-gaap Interest Expense
InterestExpense
9500000
us-gaap Interest Expense
InterestExpense
16600000
us-gaap Interest Expense
InterestExpense
17500000
us-gaap Interest Expense
InterestExpense
20200000
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
9400000
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9400000
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-10600000
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-2400000
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-8200000
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1200000
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2400000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1200000
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
1700000
CY2019Q4 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1700000
CY2019Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
1400000
CY2019Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-300000
CY2019Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1700000
CY2019Q4 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
3100000
CY2019Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-300000
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3400000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-2200000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-19195.40
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
70805034
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.157
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.698
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.071
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.314
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.205
pack Discrete Tax Expense
DiscreteTaxExpense
1300000
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1300000
CY2020Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
600000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1600000
CY2019Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
500000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
900000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1600000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5900000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-400000
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-400000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-1100000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-400000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2100000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2000000.0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
7000000.0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2200000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
0
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
426000000
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019 pack Stock Issued During Period Shares Subject To Earn Out
StockIssuedDuringPeriodSharesSubjectToEarnOut
6847836
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75502448
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6100000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-1600000
us-gaap Net Income Loss
NetIncomeLoss
-18200000
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27600000
us-gaap Net Income Loss
NetIncomeLoss
-13900000
us-gaap Net Income Loss
NetIncomeLoss
-19000000.0
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6100000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1600000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18200000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13900000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19000000.0
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72396183
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53871068
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71401580
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53870568
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
995
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72396183
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53871068
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71401580
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53870568
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
995
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-19195.40
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1230024
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21060219
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
982473
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21060219
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-7200000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16700000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
14400000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14400000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1200000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-4000000.0
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23000000.0
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
291400000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
173400000
us-gaap Net Income Loss
NetIncomeLoss
-13900000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-14100000
pack Increase Decrease In Accrued Liability
IncreaseDecreaseInAccruedLiability
2300000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
800000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-300000
pack Proceeds From Cash Withdrawn From Trust Account
ProceedsFromCashWithdrawnFromTrustAccount
308100000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-648200000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-88900000
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1500000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
534600000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
314700000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11300000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
663100000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2700000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11900000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1700000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20000000.0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6100000
us-gaap Net Income Loss
NetIncomeLoss
-13900000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20200000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
444900000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8800000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-25900000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
410200000

Files In Submission

Name View Source Status
0001564590-20-051709-index-headers.html Edgar Link pending
0001564590-20-051709-index.html Edgar Link pending
0001564590-20-051709.txt Edgar Link pending
0001564590-20-051709-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pack-10q_20200930.htm Edgar Link pending
pack-10q_20200930_htm.xml Edgar Link completed
pack-20200930.xsd Edgar Link pending
pack-20200930_cal.xml Edgar Link unprocessable
pack-20200930_def.xml Edgar Link unprocessable
pack-20200930_lab.xml Edgar Link unprocessable
pack-20200930_pre.xml Edgar Link unprocessable
pack-ex311_7.htm Edgar Link pending
pack-ex312_8.htm Edgar Link pending
pack-ex32_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending