2023 Q4 Form 10-Q Financial Statement

#000114519723000076 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $509.8M $432.7M
YoY Change 37.9% 26.97%
Cost Of Revenue $148.6M $139.4M
YoY Change -2.49% -8.59%
Gross Profit $361.2M $293.3M
YoY Change 66.22% 55.76%
Gross Profit Margin 70.85% 67.78%
Selling, General & Admin $212.8M $180.7M
YoY Change 47.47% 28.7%
% of Gross Profit 58.91% 61.61%
Research & Development $42.00M $57.80M
YoY Change -15.15% 28.44%
% of Gross Profit 11.63% 19.71%
Depreciation & Amortization $18.80M $18.70M
YoY Change 16.05% 17.61%
% of Gross Profit 5.2% 6.38%
Operating Expenses $254.8M $238.5M
YoY Change 31.48% 430.0%
Operating Profit $106.4M $54.80M
YoY Change 352.77% 1789.66%
Interest Expense -$500.0K $10.40M
YoY Change -58.33% 13.04%
% of Operating Profit -0.47% 18.98%
Other Income/Expense, Net $1.900M $700.0K
YoY Change -138.89%
Pretax Income $107.8M $53.70M
YoY Change 383.41% -1042.11%
Income Tax $4.500M $1.800M
% Of Pretax Income 4.17% 3.35%
Net Earnings $103.3M $51.90M
YoY Change 507.65% -1098.08%
Net Earnings / Revenue 20.26% 11.99%
Basic Earnings Per Share $0.74
Diluted Earnings Per Share $1.22 $0.74
COMMON SHARES
Basic Shares Outstanding 69.83M shares 69.82M shares
Diluted Shares Outstanding 73.62M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $650.7M $565.1M
YoY Change 4.38% -15.79%
Cash & Equivalents $704.2M $685.4M
Short-Term Investments
Other Short-Term Assets $169.9M $224.9M
YoY Change 22.94% 74.34%
Inventory $402.6M $410.8M
Prepaid Expenses
Receivables $359.7M $270.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.583B $1.471B
YoY Change 20.46% 10.68%
LONG-TERM ASSETS
Property, Plant & Equipment $692.8M $677.7M
YoY Change 15.49% 22.53%
Goodwill $51.70M $51.70M
YoY Change 0.0% 0.19%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $190.0M $196.2M
YoY Change -9.52% 9.79%
Total Long-Term Assets $1.005B $996.6M
YoY Change 7.28% 19.05%
TOTAL ASSETS
Total Short-Term Assets $1.583B $1.471B
Total Long-Term Assets $1.005B $996.6M
Total Assets $2.588B $2.468B
YoY Change 14.97% 13.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.20M $77.80M
YoY Change -37.66% 25.28%
Accrued Expenses $377.8M $316.8M
YoY Change 25.51% 31.07%
Deferred Revenue $15.40M $13.80M
YoY Change -4.35% 53.33%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $49.40M $49.80M
YoY Change 79.64% 85.13%
Total Short-Term Liabilities $451.2M $451.4M
YoY Change 23.72% 35.07%
LONG-TERM LIABILITIES
Long-Term Debt $1.366B $1.371B
YoY Change -0.57% -0.67%
Other Long-Term Liabilities $37.90M $38.20M
YoY Change 6.16% 57.85%
Total Long-Term Liabilities $37.90M $38.20M
YoY Change -97.31% -97.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $451.2M $451.4M
Total Long-Term Liabilities $37.90M $38.20M
Total Liabilities $1.856B $1.860B
YoY Change 4.55% 7.02%
SHAREHOLDERS EQUITY
Retained Earnings -$378.0M -$481.3M
YoY Change -35.31% -19.96%
Common Stock $100.0K $100.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $732.7M $607.5M
YoY Change
Total Liabilities & Shareholders Equity $2.588B $2.468B
YoY Change 14.97% 13.92%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $103.3M $51.90M
YoY Change 507.65% -1098.08%
Depreciation, Depletion And Amortization $18.80M $18.70M
YoY Change 16.05% 17.61%
Cash From Operating Activities $45.20M $56.00M
YoY Change -10.85% -1.23%
INVESTING ACTIVITIES
Capital Expenditures $31.60M $22.40M
YoY Change -64.25% -166.08%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$200.0K
YoY Change
Cash From Investing Activities -$31.60M -$22.60M
YoY Change -64.25% -33.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.200M -6.900M
YoY Change -115.17% 76.92%
NET CHANGE
Cash From Operating Activities 45.20M 56.00M
Cash From Investing Activities -31.60M -22.60M
Cash From Financing Activities 2.200M -6.900M
Net Change In Cash 15.80M 26.50M
YoY Change -130.27% 40.21%
FREE CASH FLOW
Cash From Operating Activities $45.20M $56.00M
Capital Expenditures $31.60M $22.40M
Free Cash Flow $13.60M $33.60M
YoY Change -136.07% -62.91%

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IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
24500000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32100000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
41500000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
23300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
100500000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
68300000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46300000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58500000 usd
us-gaap Payments For Software
PaymentsForSoftware
6200000 usd
us-gaap Payments For Software
PaymentsForSoftware
10400000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
25100000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
3000000.0 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
26000000.0 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
7200000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
7800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-102700000 usd
podd Repayment Of Equipment Financings
RepaymentOfEquipmentFinancings
14800000 usd
podd Repayments Of Term Loan
RepaymentsOfTermLoan
3800000 usd
podd Repayments Of Term Loan
RepaymentsOfTermLoan
3700000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12400000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4300000 usd
podd Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
5500000 usd
podd Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
4900000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13100000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-300000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15800000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25800000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1200000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9100000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4300000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-69300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
689700000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
806400000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
685400000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
737100000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7800000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6000000.0 usd
podd Purchases Of Property Plant And Equipment Included In Long Term Debt
PurchasesOfPropertyPlantAndEquipmentIncludedInLongTermDebt
12900000 usd
podd Purchases Of Property Plant And Equipment Included In Long Term Debt
PurchasesOfPropertyPlantAndEquipmentIncludedInLongTermDebt
0 usd
podd Purchases Of Developed Software Included In Accounts Payable And Accrued Expenses
PurchasesOfDevelopedSoftwareIncludedInAccountsPayableAndAccruedExpenses
700000 usd
podd Purchases Of Developed Software Included In Accounts Payable And Accrued Expenses
PurchasesOfDevelopedSoftwareIncludedInAccountsPayableAndAccruedExpenses
800000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5100000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12100000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
21800000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13800000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16100000 usd
CY2023Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1800000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1600000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15600000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
17700000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3000000.0 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
16400000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
15200000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
32400000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
31300000 usd
CY2023Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
48800000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
46500000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
3700000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
15600000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
500000 usd
CY2023Q3 podd Cash Cash Equivalents And Restricted Cash Current
CashCashEquivalentsAndRestrictedCashCurrent
685400000 usd
CY2022Q4 podd Cash Cash Equivalents And Restricted Cash Current
CashCashEquivalentsAndRestrictedCashCurrent
674700000 usd
CY2023Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
15000000.0 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
685400000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
689700000 usd
CY2023Q3 podd Cash And Cash Equivalents Net Cash Position
CashAndCashEquivalentsNetCashPosition
1700000 usd
CY2023Q3 podd Cash And Cash Equivalents Gross Cash Position
CashAndCashEquivalentsGrossCashPosition
51900000 usd
CY2023Q3 podd Cash Borrowings
CashBorrowings
50200000 usd
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
107200000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
79100000 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
56200000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
84200000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
247400000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
183500000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
410800000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
346800000 usd
CY2022Q3 podd Excess And Obsolete Inventory Charge
ExcessAndObsoleteInventoryCharge
2000000 usd
podd Excess And Obsolete Inventory Charge
ExcessAndObsoleteInventoryCharge
1900000 usd
podd Excess And Obsolete Inventory Charge
ExcessAndObsoleteInventoryCharge
3500000 usd
CY2023Q3 podd Capitalized Computer Software Gross Current
CapitalizedComputerSoftwareGrossCurrent
24100000 usd
CY2022Q4 podd Capitalized Computer Software Gross Current
CapitalizedComputerSoftwareGrossCurrent
18000000.0 usd
CY2023Q3 podd Capitalized Computer Software Gross Noncurrent
CapitalizedComputerSoftwareGrossNoncurrent
110300000 usd
CY2022Q4 podd Capitalized Computer Software Gross Noncurrent
CapitalizedComputerSoftwareGrossNoncurrent
87100000 usd
CY2023Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
134400000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
105100000 usd
CY2023Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
31000000.0 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
17100000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
103400000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
88000000.0 usd
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
5400000 usd
CY2022Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3800000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
14700000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
8800000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
51700000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
51700000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
148100000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48600000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
116400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
75500000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7700000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5400000 usd
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
25100000 usd
CY2023Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
11600000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
62100000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6800000 usd
CY2022Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
40200000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
13900000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
51300000 usd
CY2022Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-3100000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-10700000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-3100000 usd
CY2022Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3900000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
53400000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
10200000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
44800000 usd
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
11900000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
44800000 usd
CY2023Q1 podd Number Of Voluntary Medical Device Correction Notices Issued
NumberOfVoluntaryMedicalDeviceCorrectionNoticesIssued
2 notice
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-10700000 usd
CY2023Q3 podd Standard And Extended Product Warranty Accrual Related To Medical Device Correction Notices
StandardAndExtendedProductWarrantyAccrualRelatedToMedicalDeviceCorrectionNotices
2800000 usd
CY2022Q4 podd Standard And Extended Product Warranty Accrual Related To Medical Device Correction Notices
StandardAndExtendedProductWarrantyAccrualRelatedToMedicalDeviceCorrectionNotices
54600000 usd
CY2023Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P10Y
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28500000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
26000000.0 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3300000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3600000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
30200000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27400000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
33500000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31000000.0 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
37100000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
22100000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2300000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2600000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
6400000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
6500000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2023Q3 podd Finance Lease Cost
FinanceLeaseCost
500000 usd
CY2022Q3 podd Finance Lease Cost
FinanceLeaseCost
0 usd
podd Finance Lease Cost
FinanceLeaseCost
500000 usd
podd Finance Lease Cost
FinanceLeaseCost
0 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
2800000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
2600000 usd
us-gaap Lease Cost
LeaseCost
6900000 usd
us-gaap Lease Cost
LeaseCost
6500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4300000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3300000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1300000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
0 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29700000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5600000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
23200000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4600000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2800000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2800000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q3 podd Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
36700000 usd
CY2023Q3 podd Finance Lease Liability To Be Paid Due After Year Four
FinanceLeaseLiabilityToBePaidDueAfterYearFour
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
53800000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
23200000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20300000 usd
CY2023Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1100000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
33500000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
22100000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y6M
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.071
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.060
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
22100000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
0 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6800000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7600000 usd
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12000000.0 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15000000.0 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1420400000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1401800000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
49800000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
27500000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1370600000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1374300000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10500000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9000000.0 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35700000 usd
CY2023Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-3300000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
2400000 usd
CY2023Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
5400000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
14800000 usd
CY2022Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
1100000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
9800000 usd
CY2022Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1500000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
800000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.034
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.036
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.090
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.007
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51900000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5200000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
103000000.0 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12400000 usd
CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2500000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
54400000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5200000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
103000000.0 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-12400000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69823000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69418000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69715000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69343000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
3528000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73624000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69418000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70111000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69343000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
512000 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4350000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3979000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4444000 shares
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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