2021 Q4 Form 10-K Financial Statement

#000007628222000014 Filed on March 16, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $369.9M $1.438B $360.4M
YoY Change 2.64% 11.03% -5.03%
Cost Of Revenue $333.9M $1.282B $308.9M
YoY Change 8.09% 13.78% -2.62%
Gross Profit $36.00M $156.1M $50.80M
YoY Change -29.13% -7.41% -18.46%
Gross Profit Margin 9.73% 10.86% 14.1%
Selling, General & Admin $50.20M $178.3M $37.00M
YoY Change 35.68% 16.61% -17.41%
% of Gross Profit 139.44% 114.22% 72.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.800M $38.70M $8.900M
YoY Change 10.11% 8.1% 2.3%
% of Gross Profit 27.22% 24.79% 17.52%
Operating Expenses $50.20M $178.3M $37.00M
YoY Change 35.68% 16.61% -17.41%
Operating Profit -$14.20M -$12.10M $13.80M
YoY Change -202.9% -177.07% -21.14%
Interest Expense -$7.700M $30.10M -$7.400M
YoY Change 4.05% -0.66% -10.84%
% of Operating Profit -53.62%
Other Income/Expense, Net $2.400M $9.700M $1.800M
YoY Change 33.33% 32.88% 28.57%
Pretax Income -$21.30M -$32.50M $7.000M
YoY Change -404.29% 345.21% -33.96%
Income Tax $300.0K -$6.500M $6.600M
% Of Pretax Income 94.29%
Net Earnings -$17.80M -$24.80M $5.600M
YoY Change -417.86% 451.11% -26.32%
Net Earnings / Revenue -4.81% -1.72% 1.55%
Basic Earnings Per Share -$2.07 $0.46
Diluted Earnings Per Share -$1.483M -$2.07 $0.45
COMMON SHARES
Basic Shares Outstanding 12.60M shares 12.01M shares 12.62M shares
Diluted Shares Outstanding 12.01M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.10M $54.10M $55.00M
YoY Change -1.64% -1.64% -1.79%
Cash & Equivalents $54.10M $54.10M $55.00M
Short-Term Investments
Other Short-Term Assets $83.20M $28.20M $35.50M
YoY Change 134.37% -20.56% 82.05%
Inventory $382.9M $382.9M $310.9M
Prepaid Expenses
Receivables $255.3M $310.3M $248.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $775.5M $775.5M $706.4M
YoY Change 9.78% 9.78% -2.66%
LONG-TERM ASSETS
Property, Plant & Equipment $292.5M $292.5M $305.2M
YoY Change -4.16% -4.16% 28.45%
Goodwill $106.0M $110.9M
YoY Change -4.42% 2.31%
Intangibles $81.70M $86.80M
YoY Change -5.88% -4.19%
Long-Term Investments
YoY Change
Other Assets $104.3M $104.3M $16.40M
YoY Change 535.98% 14.36% -12.77%
Total Long-Term Assets $584.5M $584.5M $594.1M
YoY Change -1.62% -1.62% 1.61%
TOTAL ASSETS
Total Short-Term Assets $775.5M $775.5M $706.4M
Total Long-Term Assets $584.5M $584.5M $594.1M
Total Assets $1.360B $1.360B $1.301B
YoY Change 4.58% 4.58% -0.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $194.0M $194.0M $166.7M
YoY Change 16.38% 16.38% -4.74%
Accrued Expenses $131.5M $92.60M $50.40M
YoY Change 160.91% 1.31% -50.25%
Deferred Revenue $51.70M $37.40M
YoY Change 38.24% 4.76%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.70M $10.70M $11.60M
YoY Change -7.76% -7.76% -30.95%
Total Short-Term Liabilities $349.0M $349.0M $307.1M
YoY Change 13.64% 13.64% 0.69%
LONG-TERM LIABILITIES
Long-Term Debt $591.5M $591.5M $517.8M
YoY Change 14.23% 14.23% -5.03%
Other Long-Term Liabilities $44.00M $62.90M $24.20M
YoY Change 81.82% -22.25% -15.09%
Total Long-Term Liabilities $686.2M $654.4M $635.5M
YoY Change 7.98% 9.3% -3.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $349.0M $349.0M $307.1M
Total Long-Term Liabilities $686.2M $654.4M $635.5M
Total Liabilities $1.035B $1.046B $942.6M
YoY Change 9.82% 9.37% -1.89%
SHAREHOLDERS EQUITY
Retained Earnings $259.4M $290.5M
YoY Change -10.71% -2.58%
Common Stock $159.2M $151.6M
YoY Change 5.01% 4.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $85.30M $79.80M
YoY Change 6.89% 12.24%
Treasury Stock Shares 3.752M shares 3.560M shares
Shareholders Equity $314.1M $314.1M $344.2M
YoY Change
Total Liabilities & Shareholders Equity $1.360B $1.360B $1.301B
YoY Change 4.58% 4.58% -0.76%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$17.80M -$24.80M $5.600M
YoY Change -417.86% 451.11% -26.32%
Depreciation, Depletion And Amortization $9.800M $38.70M $8.900M
YoY Change 10.11% 8.1% 2.3%
Cash From Operating Activities -$17.40M -$43.30M $36.50M
YoY Change -147.67% -162.48% 20.86%
INVESTING ACTIVITIES
Capital Expenditures -$6.200M $31.10M -$11.40M
YoY Change -45.61% 18.25% 34.12%
Acquisitions $5.400M
YoY Change
Other Investing Activities $20.30M $14.90M $0.00
YoY Change 964.29%
Cash From Investing Activities $14.10M -$16.20M -$11.40M
YoY Change -223.68% -34.94% 34.12%
FINANCING ACTIVITIES
Cash Dividend Paid $7.000M
YoY Change 118.75%
Common Stock Issuance & Retirement, Net $2.500M
YoY Change -66.67%
Debt Paid & Issued, Net $6.300M
YoY Change -51.54%
Cash From Financing Activities -2.100M $59.90M -23.20M
YoY Change -90.95% -226.64% 40.61%
NET CHANGE
Cash From Operating Activities -17.40M -$43.30M 36.50M
Cash From Investing Activities 14.10M -$16.20M -11.40M
Cash From Financing Activities -2.100M $59.90M -23.20M
Net Change In Cash -5.400M -$900.0K 1.900M
YoY Change -384.21% -10.0% -63.46%
FREE CASH FLOW
Cash From Operating Activities -$17.40M -$43.30M $36.50M
Capital Expenditures -$6.200M $31.10M -$11.40M
Free Cash Flow -$11.20M -$74.40M $47.90M
YoY Change -123.38% -273.02% 23.77%

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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-1100000 USD
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5000000.0 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18900000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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3900000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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14100000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
43600000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1100000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14400000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42500000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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312600000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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43600000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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4100000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
100000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
CY2019 us-gaap Dividends Common Stock
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7000000.0 USD
CY2019 us-gaap Treasury Stock Shares Acquired
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111754 shares
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
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3800000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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349600000 USD
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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14100000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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6100000 USD
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
3200000 USD
CY2020 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
519387 shares
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8700000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
357900000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-27100000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
6500000 USD
CY2021 us-gaap Dividends Common Stock
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7000000.0 USD
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
191983 shares
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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5500000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
324800000 USD
CY2019 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
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CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.50
CY2021 us-gaap Profit Loss
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-26000000.0 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-4800000 USD
CY2019 us-gaap Profit Loss
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39700000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
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38700000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35800000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
34200000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
6500000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
6100000 USD
CY2019 us-gaap Share Based Compensation
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4100000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
14700000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4600000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-9300000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
6200000 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1400000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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8400000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16700000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6500000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
71200000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-18500000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7200000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2500000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8200000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-3500000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
43100000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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100000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Other Operating Activities Cash Flow Statement
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CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1100000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
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-4400000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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69300000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
63700000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31100000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26300000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40100000 USD
CY2021 us-gaap Proceeds From Sale Of Productive Assets
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20300000 USD
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1400000 USD
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5400000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8100000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
77600000 USD
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
7800000 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6300000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
13000000.0 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10300000 USD
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
2300000 USD
CY2020 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
5500000 USD
CY2019 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
1400000 USD
CY2021 pkoh Proceeds From Payments On Finance Lease Facilities Net
ProceedsFromPaymentsOnFinanceLeaseFacilitiesNet
-1200000 USD
CY2020 pkoh Proceeds From Payments On Finance Lease Facilities Net
ProceedsFromPaymentsOnFinanceLeaseFacilitiesNet
1400000 USD
CY2019 pkoh Proceeds From Payments On Finance Lease Facilities Net
ProceedsFromPaymentsOnFinanceLeaseFacilitiesNet
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CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
7000000.0 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
3200000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
7000000.0 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2500000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7500000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
900000 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3000000.0 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1200000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2900000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59900000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-47300000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15300000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-1300000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1900000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-900000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1000000.0 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
300000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55000000.0 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56000000.0 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55700000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54100000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55000000.0 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56000000.0 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5500000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12300000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
28800000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
28300000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
31500000 USD
CY2021 us-gaap Number Of Reportable Segments
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3 segment
CY2021 us-gaap Use Of Estimates
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounting Estimates:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements. Actual results could differ from those estimates.</span>
CY2021Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
6700000 USD
CY2020Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
5500000 USD
CY2021 pkoh Sale Of Account Receivable
SaleOfAccountReceivable
102300000 USD
CY2020 pkoh Sale Of Account Receivable
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74100000 USD
CY2021 us-gaap Gain Loss On Sale Of Accounts Receivable
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-400000 USD
CY2020 us-gaap Gain Loss On Sale Of Accounts Receivable
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-400000 USD
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
114200000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
93800000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
49600000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
44000000.0 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
219100000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
173100000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
382900000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
310900000 USD
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
39500000 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
39300000 USD
CY2021Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
10600000 USD
CY2020 us-gaap Depreciation
Depreciation
29600000 USD
CY2019 us-gaap Depreciation
Depreciation
27700000 USD
CY2020Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
13400000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
587800000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
585400000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
358700000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
348800000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
229100000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
236600000 USD
CY2021 us-gaap Depreciation
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31800000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6400000 USD
CY2018Q4 us-gaap Product Warranty Accrual
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6200000 USD
CY2021Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4600000 USD
CY2021 pkoh Global Intangible Low Taxed Income Income Tax Expense Benefit
GlobalIntangibleLowTaxedIncomeIncomeTaxExpenseBenefit
1800000 USD
CY2020 pkoh Global Intangible Low Taxed Income Income Tax Expense Benefit
GlobalIntangibleLowTaxedIncomeIncomeTaxExpenseBenefit
1800000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit Risk:    The Company sells its products to customers in diversified industries. The Company performs ongoing credit evaluations of its customers’ financial condition but does not require collateral to support customer receivables. The Company establishes an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends, current conditions and reasonable forecasts.
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6400000 USD
CY2021 us-gaap Product Warranty Accrual Payments
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1900000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2500000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4100000 USD
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2700000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2500000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4300000 USD
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7200000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6400000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6400000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12007000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12061419 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12225481 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 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
153608 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12007000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12061419 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12379089 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1438000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1295200000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1618300000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1438000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1295200000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1618300000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1438000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1295200000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1618300000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-12100000 USD
CY2020 us-gaap Operating Income Loss
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15700000 USD
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54900000 USD
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6500000 USD
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6300000 USD
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17300000 USD
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16800000 USD
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100000 USD
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1000000.0 USD
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1200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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300000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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2100000 USD
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3700000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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200000 USD
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100000 USD
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100000 USD
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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100000 USD
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200000 USD
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400000 USD
CY2021Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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239600000 USD
CY2021Q4 pkoh Undistributed Earnings Of Foreign Subsidiaries Subject To One Time Transition Tax
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