2021 Q2 Form 10-K Financial Statement

#000089102421000006 Filed on June 23, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $1.562B $1.286B $1.456B
YoY Change 21.4% -10.46% 4.25%
Cost Of Revenue $1.257B $992.4M $1.144B
YoY Change 26.7% -11.72% 4.29%
Gross Profit $304.4M $294.0M $311.8M
YoY Change 3.53% -5.92% 4.11%
Gross Profit Margin 19.49% 22.86% 21.41%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.50M $20.30M $20.60M
YoY Change 0.97% -0.49% 0.49%
% of Gross Profit 6.73% 6.9% 6.61%
Operating Expenses $267.1M $233.4M $268.0M
YoY Change 14.42% -12.22% 5.46%
Operating Profit $37.35M -$614.5M $43.82M
YoY Change -106.08% -1417.94% -3.41%
Interest Expense -$1.652M -$18.50M $16.58M
YoY Change -91.07% 79.61% 80.81%
% of Operating Profit -4.42% 37.85%
Other Income/Expense, Net $2.307M
YoY Change 61.67%
Pretax Income $35.70M -$632.9M $29.54M
YoY Change -105.64% -1838.74% -21.48%
Income Tax $7.182M -$24.10M $6.567M
% Of Pretax Income 20.12% 22.23%
Net Earnings $28.76M -$608.6M $23.23M
YoY Change -104.72% -2274.3% -25.61%
Net Earnings / Revenue 1.84% -47.31% 1.6%
Basic Earnings Per Share $0.30 -$6.44 $0.25
Diluted Earnings Per Share $0.30 -$6.44 $0.24
COMMON SHARES
Basic Shares Outstanding 96.88M shares 95.98M shares 94.27M shares
Diluted Shares Outstanding 95.02M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $143.2M $77.90M $106.2M
YoY Change 83.88% -18.51% -9.54%
Cash & Equivalents $143.2M $77.94M $106.2M
Short-Term Investments
Other Short-Term Assets $286.7M $236.1M $268.9M
YoY Change 21.42% 42.57% 58.92%
Inventory $736.8M $812.2M $866.3M
Prepaid Expenses
Receivables $449.2M $416.5M $451.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.616B $1.543B $1.693B
YoY Change 4.74% -3.84% 0.77%
LONG-TERM ASSETS
Property, Plant & Equipment $219.4M $303.7M $306.7M
YoY Change -27.75% -0.68% 5.66%
Goodwill $139.9M $138.7M $816.6M
YoY Change 0.87% -83.0% 0.22%
Intangibles $279.6M $313.5M $323.7M
YoY Change -10.8% -10.72% -9.98%
Long-Term Investments $25.81M $51.63M
YoY Change -50.0%
Other Assets $89.86M $122.7M $118.3M
YoY Change -26.76% 55.99% 49.45%
Total Long-Term Assets $1.136B $1.173B $1.821B
YoY Change -3.16% -29.57% 10.97%
TOTAL ASSETS
Total Short-Term Assets $1.616B $1.543B $1.693B
Total Long-Term Assets $1.136B $1.173B $1.821B
Total Assets $2.752B $2.715B $3.514B
YoY Change 1.33% -16.94% 5.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $609.3M $862.1M $802.6M
YoY Change -29.33% 32.95% 16.64%
Accrued Expenses $176.0M $113.7M $183.6M
YoY Change 54.75% -12.29% 51.35%
Deferred Revenue $23.53M $21.21M
YoY Change 10.95% -3.63%
Short-Term Debt $53.00M $0.00 $95.00M
YoY Change 227.59%
Long-Term Debt Due $100.8M $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.090B $1.075B $1.201B
YoY Change 1.37% 22.75% 28.82%
LONG-TERM LIABILITIES
Long-Term Debt $487.5M $587.8M $587.5M
YoY Change -17.05% -18.97% -19.82%
Other Long-Term Liabilities $36.82M $31.84M $199.3M
YoY Change 15.64% 31.46% 9.19%
Total Long-Term Liabilities $524.4M $619.6M $786.7M
YoY Change -15.37% -17.34% -14.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.090B $1.075B $1.201B
Total Long-Term Liabilities $524.4M $619.6M $786.7M
Total Liabilities $1.787B $1.879B $2.042B
YoY Change -4.9% 5.04% 10.49%
SHAREHOLDERS EQUITY
Retained Earnings $855.7M $799.7M $1.433B
YoY Change 7.01% -46.1% -3.17%
Common Stock $170.1M $147.6M $146.0M
YoY Change 15.25% 11.44% 17.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $963.2M $834.1M $1.469B
YoY Change
Total Liabilities & Shareholders Equity $2.752B $2.715B $3.514B
YoY Change 1.33% -16.94% 5.81%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $28.76M -$608.6M $23.23M
YoY Change -104.72% -2274.3% -25.61%
Depreciation, Depletion And Amortization $20.50M $20.30M $20.60M
YoY Change 0.97% -0.49% 0.49%
Cash From Operating Activities -$125.6M -$74.50M -$154.3M
YoY Change 68.62% 165.12% 24.54%
INVESTING ACTIVITIES
Capital Expenditures -$4.688M -$8.900M -$10.00M
YoY Change -47.33% -66.79% -15.25%
Acquisitions
YoY Change
Other Investing Activities $199.5M $181.6M $147.0M
YoY Change 9.83% 101.78% 2.73%
Cash From Investing Activities $194.8M $172.6M $137.0M
YoY Change 12.84% 173.1% 4.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $373.8M
YoY Change
Cash From Financing Activities -82.75M -123.2M -6.300M
YoY Change -32.84% 121.18% -88.91%
NET CHANGE
Cash From Operating Activities -125.6M -74.50M -154.3M
Cash From Investing Activities 194.8M 172.6M 137.0M
Cash From Financing Activities -82.75M -123.2M -6.300M
Net Change In Cash -13.60M -25.10M -23.60M
YoY Change -45.81% 21.84% -52.32%
FREE CASH FLOW
Cash From Operating Activities -$125.6M -$74.50M -$154.3M
Capital Expenditures -$4.688M -$8.900M -$10.00M
Free Cash Flow -$120.9M -$65.60M -$144.3M
YoY Change 84.35% 4946.15% 28.72%

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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-14062000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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7999000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-589367000 USD
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
99552000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-7784000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22936000 USD
CY2020 pdco Employee Stock Ownership Plan Activity
EmployeeStockOwnershipPlanActivity
34320000 USD
CY2020 us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
0 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
836444000 USD
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
33405000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1042000 USD
CY2021 us-gaap Profit Loss
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155109000 USD
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
99892000 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1279000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
21223000 USD
CY2021 pdco Employee Stock Ownership Plan Activity
EmployeeStockOwnershipPlanActivity
16061000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
964671000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
155109000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-589367000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
82876000 USD
CY2021 us-gaap Depreciation
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41669000 USD
CY2020 us-gaap Depreciation
Depreciation
44981000 USD
CY2019 us-gaap Depreciation
Depreciation
44371000 USD
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
37227000 USD
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
37201000 USD
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
38402000 USD
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
34334000 USD
CY2019 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
675055000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2559000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2008000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7333000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
30488000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
37354000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
33425000 USD
CY2021 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2020 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
8984000 USD
CY2019 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10760000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-31800000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10762000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1318000 USD
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
916694000 USD
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
540065000 USD
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
205715000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-91193000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
59258000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11547000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-268338000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
219613000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
44189000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
85849000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
25474000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
512000 USD
CY2021 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
5801000 USD
CY2020 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
7156000 USD
CY2019 us-gaap Increase Decrease In Long Term Receivables Current
IncreaseDecreaseInLongTermReceivablesCurrent
4373000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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-25662000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
32234000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
15171000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-730519000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-243544000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48158000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25788000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41809000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60734000 USD
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
833958000 USD
CY2020 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
540944000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
402367000 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2493000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
906000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
810663000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
499135000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
340727000 USD
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
75183000 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
100442000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
99468000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3300000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
460840000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
249542000 USD
CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
53000000 USD
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-16000000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-462000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6647000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
9764000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22645000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-271229000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-355246000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7801000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2064000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-977000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65300000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17702000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
32662000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77944000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95646000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62984000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143244000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77944000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95646000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
48924000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12021000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17530000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
15234000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
25742000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
31045000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
900578000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
707395000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
430858000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2021 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Fiscal Year End</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We operate with a 52-53 week accounting convention with our fiscal year ending on the last Saturday in April. Fiscal 2021, 2020 and 2019 ended on April 24, 2021, April 25, 2020 and April 27, 2019, respectively, and all years consisted of 52 weeks. Fiscal 2022 will end on April 30, 2022 and will consist of 53 weeks.</span></div>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates in the Preparation of Financial Statements</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. generally accepted accounting principles 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2021 pdco Cash Equivalents Maturity Period Maximum
CashEquivalentsMaturityPeriodMaximum
P90D
CY2021Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.83
CY2020Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.83
CY2021Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
120775000 USD
CY2020Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
99726000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reportingUnit
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2 reportingUnit
CY2021Q2 us-gaap Investments
Investments
105522000 USD
CY2020Q2 us-gaap Investments
Investments
102715000 USD
CY2021Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
68156000 USD
CY2020Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
0 USD
CY2021Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
21703000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
19980000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
195381000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
122695000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2346000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
5793000 USD
CY2021Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2491000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1586000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
23526000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21205000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
18302000 USD
CY2021 pdco Percentage Of Liability Recorded
PercentageOfLiabilityRecorded
0.890
CY2021 us-gaap Advertising Expense
AdvertisingExpense
134000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
8356000 USD
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
0 USD
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
34334000 USD
CY2019 us-gaap Gain Loss On Investments
GainLossOnInvestments
4477000 USD
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1151000 USD
CY2020 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-18712000 USD
CY2019 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-2903000 USD
CY2021 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
12457000 USD
CY2020 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
7877000 USD
CY2019 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
6604000 USD
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13608000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23499000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8178000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
321000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
2460000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
620000 USD
CY2019 pdco Revenuesfrom Saleof Financing Contracts
RevenuesfromSaleofFinancingContracts
16883000 USD
CY2021 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
401535000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95599000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94154000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92755000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1065000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
729000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96664000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94154000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93484000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1014000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2517000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1792000 shares
CY2021Q2 us-gaap Cash
Cash
141546000 USD
CY2020Q2 us-gaap Cash
Cash
74553000 USD
CY2021Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1698000 USD
CY2020Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
3391000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
143244000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
77944000 USD
CY2021Q2 pdco Accounts Receivable Securitization Eligible Receivables Maximum Available Under Purchase Agreement
AccountsReceivableSecuritizationEligibleReceivablesMaximumAvailableUnderPurchaseAgreement
200000000 USD
CY2021Q2 pdco Accounts Receivable Securitization Eligible Receivables Amount Utilized Under Purchase Agreement
AccountsReceivableSecuritizationEligibleReceivablesAmountUtilizedUnderPurchaseAgreement
200000000 USD
CY2021Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
384950000 USD
CY2020Q2 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
305020000 USD
CY2021 us-gaap Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale
SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale
3338000 USD
CY2020 us-gaap Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale
SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale
7242000 USD
CY2019 us-gaap Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale
SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale
7622000 USD
CY2021Q2 pdco Financing Receivable Maximum Amount Per Customer
FinancingReceivableMaximumAmountPerCustomer
1000000 USD
CY2021 pdco Number Of Customer Financing Contracts
NumberOfCustomerFinancingContracts
2 contract
CY2021 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
369497000 USD
CY2020 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
357616000 USD
CY2019 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
279204000 USD
CY2021 pdco Revenuesfrom Saleof Financing Contracts
RevenuesfromSaleofFinancingContracts
-2048000 USD
CY2020 pdco Revenuesfrom Saleof Financing Contracts
RevenuesfromSaleofFinancingContracts
43919000 USD
CY2020 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
346077000 USD
CY2019 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
369588000 USD
CY2021Q2 us-gaap Notes Receivable Net
NotesReceivableNet
50638000 USD
CY2021Q2 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
646503000 USD
CY2020Q2 us-gaap Notes Receivable Net
NotesReceivableNet
21391000 USD
CY2021 pdco Rate Of Bad Debts Written Off Maximum
RateOfBadDebtsWrittenOffMaximum
0.01
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8134000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
CY2019 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
0 USD
CY2020 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
0 USD
CY2021 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
0 USD
CY2021 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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-1363000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1698000 USD
CY2021Q2 pdco Deferred Purchase Price Receivable Receivables Securitization Program Fair Value Disclosure
DeferredPurchasePriceReceivableReceivablesSecuritizationProgramFairValueDisclosure
183999000 USD
CY2021Q2 pdco Deferred Purchase Price Receivable Customer Financing Fair Value Disclosure
DeferredPurchasePriceReceivableCustomerFinancingFairValueDisclosure
227967000 USD
CY2021Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
2120000 USD
CY2021Q2 us-gaap Assets Fair Value Disclosure
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415784000 USD
CY2021Q2 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
11571000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
3391000 USD
CY2020Q2 pdco Deferred Purchase Price Receivable Receivables Securitization Program Fair Value Disclosure
DeferredPurchasePriceReceivableReceivablesSecuritizationProgramFairValueDisclosure
117327000 USD
CY2020Q2 pdco Deferred Purchase Price Receivable Customer Financing Fair Value Disclosure
DeferredPurchasePriceReceivableCustomerFinancingFairValueDisclosure
228019000 USD
CY2020Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
204000 USD
CY2020Q2 us-gaap Assets Fair Value Disclosure
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348941000 USD
CY2020Q2 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
19849000 USD
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
34334000 USD
CY2020Q2 pdco Number Of Investments
NumberOfInvestments
1 investment
CY2021Q2 us-gaap Equity Method Investments
EquityMethodInvestments
51628000 USD
CY2020Q2 us-gaap Equity Method Investments
EquityMethodInvestments
51628000 USD
CY2021Q2 us-gaap Debt Instrument Fair Value
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610811000 USD
CY2020Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
601856000 USD
CY2021Q2 us-gaap Long Term Debt
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588295000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
587766000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
138724000 USD
CY2021 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
1208000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
139932000 USD
CY2021Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
12300000 USD
CY2021Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
12300000 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
12300000 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
12300000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
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561917000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
294573000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
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267344000 USD
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FiniteLivedIntangibleAssetsGross
555828000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
254623000 USD
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301205000 USD
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
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574217000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
294573000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
279644000 USD
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
568128000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
254623000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
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313505000 USD
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37303000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
36928000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
36270000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
35708000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
25889000 USD
CY2021Q2 us-gaap Land
Land
12014000 USD
CY2020Q2 us-gaap Land
Land
11919000 USD
CY2021Q2 us-gaap Buildings And Improvements Gross
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118582000 USD
CY2020Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
119585000 USD
CY2021Q2 us-gaap Leasehold Improvements Gross
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31125000 USD
CY2020Q2 us-gaap Leasehold Improvements Gross
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29427000 USD
CY2021Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
188594000 USD
CY2020Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
181986000 USD
CY2021Q2 pdco Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
244537000 USD
CY2020Q2 pdco Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
226114000 USD
CY2021Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
17665000 USD
CY2020Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
89604000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
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612517000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
658635000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
393079000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
354910000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
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84879000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
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219438000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
303725000 USD
CY2021Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
6326000 USD
CY2020Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
68728000 USD
CY2021 pdco Leasee Operating Lease Number Of Options To Renew
LeaseeOperatingLeaseNumberOfOptionsToRenew
1 investment
CY2021 us-gaap Lease Cost
LeaseCost
34712000 USD
CY2020 us-gaap Lease Cost
LeaseCost
36302000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
34304000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
25121000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
15569000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6731000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1826000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1328000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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4309000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
80570000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
37054000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
37934000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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50114000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28321000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y21D
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M9D
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0331
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0358
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2955000 USD
CY2020Q2 us-gaap Deferred Finance Costs Net
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3484000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
588295000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
587766000 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
100750000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
487545000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
587766000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
100750000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
333000000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
117500000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
40000000 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
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591250000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
373750000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8984000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
166251000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
76035000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
33680000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4024000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
30193000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
199931000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-590407000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
106228000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
36836000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
18300000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-19000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9975000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7501000 USD
CY2020Q2 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1580000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9207000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8771000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4959000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3402000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55582000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
30760000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12590000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7529000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-25918000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9709000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-362000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
164000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-53000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2869000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-6046000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1106000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10760000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-31800000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10762000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44822000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1040000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23352000 USD
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Measurement Period Adjustment Income Tax Expense Benefit
TaxCutsAndJobsActOf2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit
-2355000 USD
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Income Tax Expense
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsIncomeTaxExpense
-331000 USD
CY2021Q2 pdco Deferred Current Income Tax Asset Liability Capital Accumulation Plan
DeferredCurrentIncomeTaxAssetLiabilityCapitalAccumulationPlan
1051000 USD
CY2020Q2 pdco Deferred Current Income Tax Asset Liability Capital Accumulation Plan
DeferredCurrentIncomeTaxAssetLiabilityCapitalAccumulationPlan
2541000 USD
CY2021Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
12250000 USD
CY2020Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10354000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1416000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1857000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7036000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
7486000 USD
CY2021Q2 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
1261000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
7112000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
39999000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
7248000 USD
CY2021Q2 pdco Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
16153000 USD
CY2020Q2 pdco Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
16572000 USD
CY2021Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
242000 USD
CY2020Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2945000 USD
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
46521000 USD
CY2020Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
50583000 USD
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15960000 USD
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14886000 USD
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
30561000 USD
CY2020Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
35697000 USD
CY2021Q2 pdco Deferred Current Income Tax Liability Last In First Out Reserve
DeferredCurrentIncomeTaxLiabilityLastInFirstOutReserve
25913000 USD
CY2020Q2 pdco Deferred Current Income Tax Liability Last In First Out Reserve
DeferredCurrentIncomeTaxLiabilityLastInFirstOutReserve
32630000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
61023000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
69254000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
13902000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
11848000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
37967000 USD
CY2021Q2 pdco Deferred Tax Liability Operating Lease Right Of Use Asset
DeferredTaxLiabilityOperatingLeaseRightOfUseAsset
15547000 USD
CY2020Q2 pdco Deferred Tax Liability Operating Lease Right Of Use Asset
DeferredTaxLiabilityOperatingLeaseRightOfUseAsset
16195000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
154352000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
169926000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
123791000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
134229000 USD
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
15960000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41984000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-123987000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
22306000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5400000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-466000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3492000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2594000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
7277000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2728000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
107999000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2021 pdco Effective Income Tax Rate Reconciliation Legal Settlement
EffectiveIncomeTaxRateReconciliationLegalSettlement
0 USD
CY2020 pdco Effective Income Tax Rate Reconciliation Legal Settlement
EffectiveIncomeTaxRateReconciliationLegalSettlement
11088000 USD
CY2019 pdco Effective Income Tax Rate Reconciliation Legal Settlement
EffectiveIncomeTaxRateReconciliationLegalSettlement
0 USD
CY2021 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
2286000 USD
CY2020 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
2393000 USD
CY2019 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
2465000 USD
CY2021 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
808000 USD
CY2020 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1533000 USD
CY2019 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1074000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2686000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
20000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
218000 USD
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-3678000 USD
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
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P1Y4M24D
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1363000 USD

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