2024 Q3 Form 10-K Financial Statement

#000157791624000009 Filed on August 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $248.1M $350.3M $1.346B
YoY Change -22.15% 2.91% 0.77%
Cost Of Revenue $67.72M $114.5M $458.3M
YoY Change -37.39% 6.1% 4.22%
Gross Profit $180.4M $235.8M $888.0M
YoY Change -14.32% 1.43% -0.92%
Gross Profit Margin 72.71% 67.32% 65.96%
Selling, General & Admin $134.9M $143.3M $709.7M
YoY Change -2.3% -22.69% 17.97%
% of Gross Profit 74.76% 60.78% 79.91%
Research & Development $586.0K $663.0K $3.115M
YoY Change -32.1% -57.61% -31.39%
% of Gross Profit 0.32% 0.28% 0.35%
Depreciation & Amortization $29.29M $30.43M $129.0M
YoY Change -11.29% -8.41% -3.58%
% of Gross Profit 16.23% 12.9% 14.53%
Operating Expenses $145.1M $153.8M $760.0M
YoY Change -4.29% -22.97% 16.18%
Operating Profit $35.32M $82.04M $128.0M
YoY Change -40.11% 149.71% -47.14%
Interest Expense $77.00K $1.755M $986.0K
YoY Change -105.13% -247.48% -38.3%
% of Operating Profit 0.22% 2.14% 0.77%
Other Income/Expense, Net $60.34M $2.332M $21.82M
YoY Change -2400.27% -9.86% 176.0%
Pretax Income $95.65M $86.12M $149.8M
YoY Change 69.75% 151.46% -40.08%
Income Tax $22.70M $25.52M $43.07M
% Of Pretax Income 23.73% 29.63% 28.75%
Net Earnings $71.34M $60.61M $106.7M
YoY Change 68.21% 220.58% -38.98%
Net Earnings / Revenue 28.75% 17.3% 7.93%
Basic Earnings Per Share $0.71 $0.58 $1.05
Diluted Earnings Per Share $0.70 $0.57 $1.04
COMMON SHARES
Basic Shares Outstanding 100.2M shares 104.8M shares 113.8M shares
Diluted Shares Outstanding 101.0M shares 105.6M shares 114.4M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.96M $125.1M $125.1M
YoY Change -80.82% 39.37% 39.37%
Cash & Equivalents $86.96M $125.1M $125.1M
Short-Term Investments
Other Short-Term Assets $180.9M $80.55M $80.55M
YoY Change 175.79% 33.38% 33.38%
Inventory $79.80M $79.80M
Prepaid Expenses
Receivables $98.75M $126.7M $462.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $707.6M $748.0M $748.0M
YoY Change -29.4% 16.58% 16.58%
LONG-TERM ASSETS
Property, Plant & Equipment $204.0M $205.7M $226.3M
YoY Change -3.12% -3.11% -6.3%
Goodwill $995.9M $995.9M
YoY Change -1.63% -1.63%
Intangibles $259.6M $269.3M
YoY Change -37.79% -37.39%
Long-Term Investments $230.4M $228.6M $228.6M
YoY Change 0.14% -1.41% -1.41%
Other Assets $102.9M $102.8M $870.3M
YoY Change -5.58% -6.65% 6.91%
Total Long-Term Assets $2.606B $2.653B $2.653B
YoY Change -8.47% -2.8% -2.8%
TOTAL ASSETS
Total Short-Term Assets $707.6M $748.0M $748.0M
Total Long-Term Assets $2.606B $2.653B $2.653B
Total Assets $3.314B $3.401B $3.401B
YoY Change -13.92% 0.89% 0.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.66M $60.36M $60.36M
YoY Change -49.21% 11.01% 11.01%
Accrued Expenses $47.41M $65.57M $179.2M
YoY Change 2.63% 39.17% 50.61%
Deferred Revenue $17.90M $19.64M
YoY Change -13.65% -19.21%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $76.32M $102.5M $154.3M
YoY Change -24.68% -67.58% -51.19%
Total Short-Term Liabilities $648.5M $746.6M $746.6M
YoY Change -15.83% -8.45% -8.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $599.4M
YoY Change -100.0% -100.0% 486.19%
Other Long-Term Liabilities $24.15M $27.64M $93.23M
YoY Change -46.62% -41.44% -21.92%
Total Long-Term Liabilities $24.15M $27.64M $692.7M
YoY Change -80.13% -81.51% 212.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $648.5M $746.6M $746.6M
Total Long-Term Liabilities $24.15M $27.64M $692.7M
Total Liabilities $1.359B $1.439B $1.439B
YoY Change -9.18% 38.77% 38.77%
SHAREHOLDERS EQUITY
Retained Earnings -$235.0M $105.6M
YoY Change -155.39% -73.93%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.954B $1.962B $1.962B
YoY Change
Total Liabilities & Shareholders Equity $3.314B $3.401B $3.401B
YoY Change -13.92% 0.89% 0.89%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $71.34M $60.61M $106.7M
YoY Change 68.21% 220.58% -38.98%
Depreciation, Depletion And Amortization $29.29M $30.43M $129.0M
YoY Change -11.29% -8.41% -3.58%
Cash From Operating Activities $67.65M $106.3M $296.6M
YoY Change -17.38% -6.24% -33.29%
INVESTING ACTIVITIES
Capital Expenditures $17.72M $13.56M $81.19M
YoY Change -16.7% -43.1% -1.35%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$17.72M -$13.56M -$68.47M
YoY Change -16.7% -43.1% -74.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $400.0M
YoY Change
Debt Paid & Issued, Net $100.9M
YoY Change 0.08%
Cash From Financing Activities -$88.14M -29.41M -$192.7M
YoY Change -129.1% -67.76% 15.22%
NET CHANGE
Cash From Operating Activities $67.65M 106.3M $296.6M
Cash From Investing Activities -$17.72M -13.56M -$68.47M
Cash From Financing Activities -$88.14M -29.41M -$192.7M
Net Change In Cash -$38.19M 63.32M $35.35M
YoY Change -110.51% -3818.03% 868.58%
FREE CASH FLOW
Cash From Operating Activities $67.65M $106.3M $296.6M
Capital Expenditures $17.72M $13.56M $81.19M
Free Cash Flow $49.93M $92.73M $215.4M
YoY Change -17.62% 3.57% -40.54%

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CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3371487000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023 us-gaap Cost Of Revenue
CostOfRevenue
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CY2022 us-gaap Cost Of Revenue
CostOfRevenue
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CY2023 us-gaap Gross Profit
GrossProfit
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CY2022 us-gaap Gross Profit
GrossProfit
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CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2024 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3115000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
242093000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16068000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23505000 usd
CY2023 us-gaap Investment Income Net
InvestmentIncomeNet
-14470000 usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
-11142000 usd
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
64110000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6307000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7905000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
66827000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
249998000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
326900000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75111000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58582000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
174887000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
268318000 usd
CY2024 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
-12825000 usd
CY2023 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
-139000 usd
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
2451000 usd
CY2024 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
119544000 usd
CY2024 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2024 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2024 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
119523000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113791000 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114408000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119889000 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2229893000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
37766000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3851000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
250129000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
46229000 usd
CY2022 pinc Restricted Stock Vested Repurchased During Period Value
RestrictedStockVestedRepurchasedDuringPeriodValue
10866000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
268318000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2022 pinc Change In Ownership Of Consolidated Entity
ChangeInOwnershipOfConsolidatedEntity
60000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2022 us-gaap Dividends
Dividends
97082000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2332000 usd
CY2022 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
23145000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2248850000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6078000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4137000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13734000 usd
CY2023 pinc Restricted Stock Vested Repurchased During Period Value
RestrictedStockVestedRepurchasedDuringPeriodValue
13427000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
174887000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2023 pinc Change In Ownership Of Consolidated Entity
ChangeInOwnershipOfConsolidatedEntity
106000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2023 us-gaap Dividends
Dividends
100883000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
731000 usd
CY2023 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1019000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2023 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
590000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2334355000 usd
CY2024 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2024 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3754000 usd
CY2024 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
402992000 usd
CY2024 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23290000 usd
CY2024 pinc Restricted Stock Vested Repurchased During Period Value
RestrictedStockVestedRepurchasedDuringPeriodValue
6771000 usd
CY2024 us-gaap Profit Loss
ProfitLoss
106719000 usd
CY2024 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2024 pinc Change In Ownership Of Consolidated Entity
ChangeInOwnershipOfConsolidatedEntity
104000 usd
CY2024 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2024 us-gaap Dividends
Dividends
96214000 usd
CY2024 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1962231000 usd
CY2024 us-gaap Profit Loss
ProfitLoss
106719000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
174887000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
268318000 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
129002000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
133793000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
129107000 usd
CY2024 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16068000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23505000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-122573000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
71403000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
56792000 usd
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
23290000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
13734000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
46229000 usd
CY2024 us-gaap Asset Impairment Charges
AssetImpairmentCharges
140053000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
56718000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
18829000 usd
CY2024 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 usd
CY2023 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 usd
CY2022 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-64110000 usd
CY2024 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
4518000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6501000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5803000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11399000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-477000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-27318000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
39265000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
41088000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
47219000 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2867000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-42720000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-56724000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5920000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-21056000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-40617000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8717000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7415000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-41184000 usd
CY2024 pinc Increase Decrease In Revenue Share Payable
IncreaseDecreaseInRevenueSharePayable
30504000 usd
CY2023 pinc Increase Decrease In Revenue Share Payable
IncreaseDecreaseInRevenueSharePayable
16893000 usd
CY2022 pinc Increase Decrease In Revenue Share Payable
IncreaseDecreaseInRevenueSharePayable
18512000 usd
CY2024 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
44522000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-43898000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-47997000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
296560000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
444543000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
444234000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
81189000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
82302000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87440000 usd
CY2024 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
12753000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2023 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2023 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2024 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
187750000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
26000000 usd
CY2024 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
30000 usd
CY2023 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
2060000 usd
CY2022 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
16000000 usd
CY2024 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1510000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
10000000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-68466000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-273622000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-139440000 usd
CY2024 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
100937000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
100859000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
99243000 usd
CY2024 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
470000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
325000000 usd
CY2024 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
215000000 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
405000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
250000000 usd
CY2024 pinc Proceeds From Sale Of Future Revenues And Escrow
ProceedsFromSaleOfFutureRevenuesAndEscrow
681427000 usd
CY2023 pinc Proceeds From Sale Of Future Revenues And Escrow
ProceedsFromSaleOfFutureRevenuesAndEscrow
0 usd
CY2022 pinc Proceeds From Sale Of Future Revenues And Escrow
ProceedsFromSaleOfFutureRevenuesAndEscrow
0 usd
CY2024 pinc Payments Of Liability For Future Revenues Net Of Imputed Interest
PaymentsOfLiabilityForFutureRevenuesNetOfImputedInterest
31535000 usd
CY2023 pinc Payments Of Liability For Future Revenues Net Of Imputed Interest
PaymentsOfLiabilityForFutureRevenuesNetOfImputedInterest
0 usd
CY2022 pinc Payments Of Liability For Future Revenues Net Of Imputed Interest
PaymentsOfLiabilityForFutureRevenuesNetOfImputedInterest
0 usd
CY2024 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
95207000 usd
CY2023 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
100233000 usd
CY2022 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
96455000 usd
CY2024 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
400000000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
250129000 usd
CY2024 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
27187000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
27927000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
28586000 usd
CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6078000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
37766000 usd
CY2024 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4281000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9325000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
13858000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-192720000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-167266000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-347789000 usd
CY2024 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-21000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-5000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
35353000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3650000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-42998000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
89793000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
86143000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
129141000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
125146000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
89793000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
86143000 usd
CY2024 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q2 pinc Number Of Sub Brands
NumberOfSubBrands
3 director
CY2024 us-gaap Interest Paid Net
InterestPaidNet
16309000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
18712000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
11256000 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
168585000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4593000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3103000 usd
CY2024 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6446000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2731000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
402000 usd
CY2024 pinc Cumulative Dividend Equivalents
CumulativeDividendEquivalents
1934000 usd
CY2023 pinc Cumulative Dividend Equivalents
CumulativeDividendEquivalents
1032000 usd
CY2022 pinc Cumulative Dividend Equivalents
CumulativeDividendEquivalents
963000 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current And Noncurrent
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0 usd
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CY2024 us-gaap Use Of Estimates
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<div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;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:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the Company’s consolidated financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. Significant estimates are evaluated on an ongoing basis, including, but not limited to, estimates for net administrative fees revenue, software licenses, other services and support revenue, contract assets, deferred revenue, contract costs, allowances for credit losses, reserves for net realizable value of inventory, obsolete inventory, useful lives of property and equipment, stock-based compensation, deferred tax balances including valuation allowances on deferred tax assets, uncertain tax positions, values of investments not publicly traded, projected future cash flows used in the evaluation of asset impairments, values of call rights, values of earn-out liabilities and the allocation of purchase prices. These estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.</span></div>
CY2024Q2 us-gaap Inventory Valuation Reserves
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CY2023Q2 us-gaap Inventory Valuation Reserves
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CY2024Q2 pinc Number Of Sub Brands
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impairment
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CY2024Q1 srt Stock Repurchase Program Authorized Amount1
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Assets
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Assets
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
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AmortizationOfIntangibleAssets
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EmployeeBenefitsAndShareBasedCompensation
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EmployeeBenefitsAndShareBasedCompensation
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EmployeeBenefitsAndShareBasedCompensation
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BusinessCombinationAcquisitionRelatedCosts
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BusinessCombinationAcquisitionRelatedCosts
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BusinessCombinationAcquisitionRelatedCosts
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AssetImpairmentCharges
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CY2023 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
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CY2022 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
302000 usd
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SegmentAdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
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CY2024 pinc Segment Adjusted Earnings Before Interest Taxes Depreciation And Amortization
SegmentAdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
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SegmentAdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q3 us-gaap Gross Profit
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CY2024Q1 us-gaap Gross Profit
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CY2023Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
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NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
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WeightedAverageNumberOfSharesOutstandingBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
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CY2022Q4 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
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CY2023Q1 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
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CY2023Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
-2558000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42716000 usd
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64046000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46801000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21463000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118351000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118787000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118872000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119064000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120033000 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119652000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119816000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120061000 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024 ecd Insider Trd Policies Proc Adopted Flag
InsiderTrdPoliciesProcAdoptedFlag
true

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