2024 Q3 Form 10-Q Financial Statement

#000162828024044469 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $92.20M
YoY Change 11.35%
Cost Of Revenue $57.80M
YoY Change 12.67%
Gross Profit $34.40M
YoY Change 9.21%
Gross Profit Margin 37.31%
Selling, General & Admin $28.80M
YoY Change 37.8%
% of Gross Profit 83.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.600M
YoY Change -28.26%
% of Gross Profit 19.19%
Operating Expenses $28.80M
YoY Change 37.8%
Operating Profit -$4.200M
YoY Change -362.5%
Interest Expense -$9.500M
YoY Change -239.71%
% of Operating Profit
Other Income/Expense, Net $3.100M
YoY Change 3000.0%
Pretax Income -$10.60M
YoY Change 140.91%
Income Tax -$2.500M
% Of Pretax Income
Net Earnings -$8.100M
YoY Change 145.45%
Net Earnings / Revenue -8.79%
Basic Earnings Per Share -$0.10
Diluted Earnings Per Share -$0.10
COMMON SHARES
Basic Shares Outstanding 83.23M shares
Diluted Shares Outstanding 83.23M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.50M
YoY Change 33.4%
Cash & Equivalents $69.50M
Short-Term Investments
Other Short-Term Assets $9.700M
YoY Change -42.26%
Inventory $22.50M
Prepaid Expenses
Receivables $40.20M
Other Receivables $11.10M
Total Short-Term Assets $153.0M
YoY Change 23.99%
LONG-TERM ASSETS
Property, Plant & Equipment $166.1M
YoY Change 23.4%
Goodwill $451.3M
YoY Change 1.32%
Intangibles $324.4M
YoY Change -7.18%
Long-Term Investments
YoY Change
Other Assets $38.40M
YoY Change -12.53%
Total Long-Term Assets $980.3M
YoY Change -1.56%
TOTAL ASSETS
Total Short-Term Assets $153.0M
Total Long-Term Assets $980.3M
Total Assets $1.133B
YoY Change 1.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.40M
YoY Change 23.86%
Accrued Expenses $25.80M
YoY Change 30.96%
Deferred Revenue $4.800M
YoY Change 71.43%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.100M
YoY Change -26.67%
Total Short-Term Liabilities $64.80M
YoY Change 41.18%
LONG-TERM LIABILITIES
Long-Term Debt $400.5M
YoY Change 2.69%
Other Long-Term Liabilities $2.800M
YoY Change 64.71%
Total Long-Term Liabilities $403.3M
YoY Change 2.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.80M
Total Long-Term Liabilities $403.3M
Total Liabilities $569.0M
YoY Change 5.06%
SHAREHOLDERS EQUITY
Retained Earnings -$134.5M
YoY Change 17.47%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $564.3M
YoY Change
Total Liabilities & Shareholders Equity $1.133B
YoY Change 1.26%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$8.100M
YoY Change 145.45%
Depreciation, Depletion And Amortization $6.600M
YoY Change -28.26%
Cash From Operating Activities $10.10M
YoY Change 57.81%
INVESTING ACTIVITIES
Capital Expenditures $5.600M
YoY Change -42.27%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$5.600M
YoY Change -17.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -700.0K
YoY Change 0.0%
NET CHANGE
Cash From Operating Activities 10.10M
Cash From Investing Activities -5.600M
Cash From Financing Activities -700.0K
Net Change In Cash 3.800M
YoY Change -445.45%
FREE CASH FLOW
Cash From Operating Activities $10.10M
Capital Expenditures $5.600M
Free Cash Flow $4.500M
YoY Change -236.36%

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CY2024Q2 us-gaap Net Income Loss
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5500000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
566200000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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1800000 usd
CY2024Q3 us-gaap Net Income Loss
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CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4400000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
564300000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
612800000 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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2800000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
800000 usd
CY2023Q1 us-gaap Stockholders Equity
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603600000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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-9500000 usd
CY2023Q2 us-gaap Net Income Loss
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CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
590200000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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-5100000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4200000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
577600000 usd
us-gaap Net Income Loss
NetIncomeLoss
-10700000 usd
us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49400000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49400000 usd
us-gaap Amortization Of Financing Costs
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2100000 usd
us-gaap Amortization Of Financing Costs
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1500000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
5400000 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
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us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2600000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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us-gaap Amortization Of Deferred Hedge Gains
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us-gaap Amortization Of Deferred Hedge Gains
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1100000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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us-gaap Allocated Share Based Compensation Expense
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4600000 usd
us-gaap Allocated Share Based Compensation Expense
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us-gaap Capitalized Computer Software Amortization1
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2600000 usd
us-gaap Capitalized Computer Software Amortization1
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2200000 usd
us-gaap Unrealized Gain Loss On Investments
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us-gaap Unrealized Gain Loss On Investments
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0 usd
us-gaap Increase Decrease In Accounts Receivable
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6000000.0 usd
us-gaap Increase Decrease In Accounts Receivable
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4100000 usd
us-gaap Increase Decrease In Inventories
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5000000.0 usd
us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Income Taxes Receivable
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10100000 usd
us-gaap Increase Decrease In Income Taxes Receivable
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1600000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1600000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1900000 usd
us-gaap Increase Decrease In Accounts Payable
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6200000 usd
us-gaap Increase Decrease In Accounts Payable
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-1200000 usd
us-gaap Increase Decrease In Accrued Liabilities
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7700000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
11300000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
500000 usd
us-gaap Increase Decrease In Other Operating Capital Net
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4200000 usd
us-gaap Net Cash Provided By Used In Operating Activities
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34900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23000000.0 usd
us-gaap Payments To Acquire Machinery And Equipment
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21300000 usd
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
17500000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4000000.0 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
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17400000 usd
us-gaap Proceeds From Sale Of Intangible Assets
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5400000 usd
us-gaap Proceeds From Sale Of Intangible Assets
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2900000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
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4800000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
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0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Lines Of Credit
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800000 usd
us-gaap Repayments Of Lines Of Credit
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1500000 usd
us-gaap Payments Of Financing Costs
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0 usd
us-gaap Payments Of Financing Costs
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1000000.0 usd
pack Proceeds From Equipment Financing
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700000 usd
pack Proceeds From Equipment Financing
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2300000 usd
pack Payments On Equipment Financing
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900000 usd
pack Payments On Equipment Financing
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0 usd
us-gaap Finance Lease Principal Payments
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900000 usd
us-gaap Finance Lease Principal Payments
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700000 usd
pack Tax Payments For Withholdings On Stock Based Awards Distributed
TaxPaymentsForWithholdingsOnStockBasedAwardsDistributed
400000 usd
pack Tax Payments For Withholdings On Stock Based Awards Distributed
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500000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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7500000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10700000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62000000.0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62800000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69500000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52100000 usd
us-gaap Nature Of Operations
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Nature of Operations<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">We are a leading provider of environmentally sustainable, systems-based, product protection and end-of-line automation solutions for e-Commerce and industrial supply chains. Through our proprietary protective packaging solutions (“PPS”) systems and paper consumables, we offer a full suite of protective packaging solutions. Our business is global, with a strong presence in the United States, Europe and Asia. 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.</span></div>
us-gaap Use Of Estimates
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<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Use of Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">— 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></div>
CY2024Q3 pack Revenue Charges For Rebates And Other Allowances Percentage Of Sales
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0.11
CY2023Q3 pack Revenue Charges For Rebates And Other Allowances Percentage Of Sales
RevenueChargesForRebatesAndOtherAllowancesPercentageOfSales
0.12
pack Revenue Charges For Rebates And Other Allowances Percentage Of Sales
RevenueChargesForRebatesAndOtherAllowancesPercentageOfSales
0.11
pack Revenue Charges For Rebates And Other Allowances Percentage Of Sales
RevenueChargesForRebatesAndOtherAllowancesPercentageOfSales
0.13
CY2024Q3 us-gaap Accounts Receivable Gross Current
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41100000 usd
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32200000 usd
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900000 usd
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600000 usd
CY2024Q3 us-gaap Accounts Receivable Net
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40200000 usd
CY2023Q4 us-gaap Accounts Receivable Net
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31600000 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
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13100000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11500000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
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1100000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1400000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
8300000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
4400000 usd
CY2024Q3 us-gaap Inventory Net
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22500000 usd
CY2023Q4 us-gaap Inventory Net
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17300000 usd
CY2024Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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322300000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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299700000 usd
CY2024Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
178400000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
157600000 usd
CY2024Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
143900000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
142100000 usd
CY2024Q3 us-gaap Depreciation
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6600000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
9200000 usd
us-gaap Depreciation
Depreciation
27600000 usd
us-gaap Depreciation
Depreciation
27700000 usd
CY2024Q3 us-gaap Accrued Salaries Current
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6100000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3800000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
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7100000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2500000 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
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3600000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3300000 usd
CY2024Q3 us-gaap Accrued Bonuses Current
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5800000 usd
CY2023Q4 us-gaap Accrued Bonuses Current
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4600000 usd
CY2024Q3 us-gaap Interest Payable Current
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2700000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
3000000.0 usd
CY2024Q3 us-gaap Product Warranty Accrual
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800000 usd
CY2023Q4 us-gaap Product Warranty Accrual
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800000 usd
CY2024Q3 pack Amounts Owed To Customers
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400000 usd
CY2023Q4 pack Amounts Owed To Customers
AmountsOwedToCustomers
1500000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
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2400000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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2600000 usd
CY2024Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
28900000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
22100000 usd
us-gaap Interest Paid Net
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23000000.0 usd
us-gaap Interest Paid Net
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19200000 usd
us-gaap Income Taxes Paid
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2900000 usd
us-gaap Income Taxes Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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800000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
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1200000 usd
us-gaap Number Of Operating Segments
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2 segment
us-gaap Number Of Reportable Segments
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1 segment
us-gaap Number Of Operating Segments
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2 segment
CY2024Q3 us-gaap Revenues
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CY2023Q3 us-gaap Revenues
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us-gaap Revenues
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263900000 usd
us-gaap Revenues
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245900000 usd
CY2024Q3 us-gaap Noncurrent Assets
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166100000 usd
CY2023Q4 us-gaap Noncurrent Assets
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165800000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
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2700000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
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1400000 usd
CY2024Q3 us-gaap Contract With Customer Liability
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4800000 usd
CY2023Q4 us-gaap Contract With Customer Liability
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CY2024Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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78600000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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69600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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223900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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207200000 usd
CY2024Q3 us-gaap Lease Income
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13600000 usd
CY2023Q3 us-gaap Lease Income
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13200000 usd
us-gaap Lease Income
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40000000.0 usd
us-gaap Lease Income
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38700000 usd
CY2024Q3 us-gaap Revenues
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92200000 usd
CY2023Q3 us-gaap Revenues
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82800000 usd
us-gaap Revenues
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263900000 usd
us-gaap Revenues
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245900000 usd
us-gaap Number Of Reportable Segments
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1 segment
CY2023Q4 us-gaap Goodwill
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450100000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1200000 usd
CY2024Q3 us-gaap Goodwill
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451300000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
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372300000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
154100000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
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218200000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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478500000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
154100000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
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324400000 usd
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371000000.0 usd
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131800000 usd
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239200000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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477200000 usd
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131800000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
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345400000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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7400000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
28700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
28400000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28200000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
28200000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
97300000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
218200000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7300000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7200000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21800000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21700000 usd
CY2024Q3 us-gaap Line Of Credit
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0 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4200000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1900000 usd
CY2024Q3 us-gaap Long Term Debt
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403200000 usd
CY2023Q4 us-gaap Long Term Debt
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400300000 usd
CY2024Q3 us-gaap Long Term Debt Current
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1100000 usd
CY2023Q4 us-gaap Long Term Debt Current
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1600000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1600000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
900000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
400500000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
397800000 usd
CY2024Q3 us-gaap Aoci Before Tax Attributable To Parent
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1500000 usd
CY2024Q3 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
600000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
900000 usd
CY2023Q4 us-gaap Aoci Before Tax Attributable To Parent
AociBeforeTaxAttributableToParent
3500000 usd
CY2023Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
1400000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2100000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.232
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.260
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.168
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.142
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
600000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
1800000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
500000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
0 usd
CY2024Q3 pack Lessee Lease Termination Period
LesseeLeaseTerminationPeriod
P1Y
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22200000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23700000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
4100000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1900000 usd
CY2024Q3 pack Lease Asset
LeaseAsset
26300000 usd
CY2023Q4 pack Lease Asset
LeaseAsset
25600000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3800000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22300000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
24700000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1600000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
900000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2600000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1000000.0 usd
CY2024Q3 pack Lease Liability
LeaseLiability
30500000 usd
CY2023Q4 pack Lease Liability
LeaseLiability
30400000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1900000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1400000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4700000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3600000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
700000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2024Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
400000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
200000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1100000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
600000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1600000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
600000 usd
CY2024Q3 pack Lessee Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2200000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6300000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1900000 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8200000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4700000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1500000 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due Year Two
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearTwo
6200000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3300000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
800000 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due Year Three
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearThree
4100000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3000000.0 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due Year Four
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearFour
3000000.0 usd
CY2024Q3 pack Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
22900000 usd
CY2024Q3 pack Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
0 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due After Year Four
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueAfterYearFour
22900000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41800000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4800000 usd
CY2024Q3 pack Lessee Operating Lease And Finance Lease Liability Payments Due
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDue
46600000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15500000 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
600000 usd
CY2024Q3 pack Lessee Lease Liability Undiscounted Excess Amount
LesseeLeaseLiabilityUndiscountedExcessAmount
16100000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
26300000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4200000 usd
CY2024Q3 pack Operating Lease And Finance Lease Liability
OperatingLeaseAndFinanceLeaseLiability
30500000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y3M18D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.100
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.100
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.097
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.072
us-gaap Operating Lease Payments
OperatingLeasePayments
5000000.0 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3600000 usd
pack Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
900000 usd
pack Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
700000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
300000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
20100000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3000000.0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
600000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-5100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4600000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-11800000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-1300000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1200000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-3000000.0 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1300000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
-3800000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3400000 usd
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
-8800000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-8100000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-3300000 usd
us-gaap Net Income Loss
NetIncomeLoss
-10700000 usd
us-gaap Net Income Loss
NetIncomeLoss
-17800000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8100000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8100000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3300000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3300000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10700000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10700000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17800000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-17800000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83227887 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83227887 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82322957 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82322957 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82994759 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82994759 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82297985 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82297985 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2023Q3 pack Dilutive Effect Of Shares Omitted From Calculation Of Diluted Weighted Average Shares Outstanding And Diluted Eps
DilutiveEffectOfSharesOmittedFromCalculationOfDilutedWeightedAverageSharesOutstandingAndDilutedEPS
400000 shares
pack Dilutive Effect Of Shares Omitted From Calculation Of Diluted Weighted Average Shares Outstanding And Diluted Eps
DilutiveEffectOfSharesOmittedFromCalculationOfDilutedWeightedAverageSharesOutstandingAndDilutedEPS
100000 shares
pack Dilutive Effect Of Shares Omitted From Calculation Of Diluted Weighted Average Shares Outstanding And Diluted Eps
DilutiveEffectOfSharesOmittedFromCalculationOfDilutedWeightedAverageSharesOutstandingAndDilutedEPS
800000 shares

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Financial_Report.xlsx Edgar Link pending
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