2024 Q4 Form 10-Q Financial Statement

#000165856624000109 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $1.216B $758.5M
YoY Change 60.25% 37.97%
Cost Of Revenue $264.8M $144.8M
YoY Change 82.88% 75.09%
Gross Profit $950.8M $613.8M
YoY Change 54.9% 31.41%
Gross Profit Margin 78.22% 80.92%
Selling, General & Admin $43.78M $34.90M
YoY Change 25.45% -20.68%
% of Gross Profit 4.61% 5.69%
Research & Development $6.962M $4.600M
YoY Change 51.35% 155.56%
% of Gross Profit 0.73% 0.75%
Depreciation & Amortization $453.6M $236.2M
YoY Change 92.04% 115.71%
% of Gross Profit 47.71% 38.48%
Operating Expenses $820.8M $451.9M
YoY Change 81.62% 37.89%
Operating Profit $395.1M $306.7M
YoY Change 28.84% 38.12%
Interest Expense $158.6M $40.58M
YoY Change 290.81% 40.88%
% of Operating Profit 40.14% 13.23%
Other Income/Expense, Net $167.8M -$192.1M
YoY Change -187.37% -225.88%
Pretax Income $563.0M $114.6M
YoY Change 391.34% -69.42%
Income Tax $106.5M $16.25M
% Of Pretax Income 18.91% 14.19%
Net Earnings $386.4M $45.43M
YoY Change 750.43% -79.75%
Net Earnings / Revenue 31.79% 5.99%
Basic Earnings Per Share $0.56 $0.14
Diluted Earnings Per Share $0.53 $0.13
COMMON SHARES
Basic Shares Outstanding 803.4M shares 802.5M shares 566.0M shares
Diluted Shares Outstanding 736.2M shares 366.2M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $272.0M $211.7M
YoY Change 28.5% 365.27%
Cash & Equivalents $479.3M $272.0M $211.7M
Short-Term Investments
Other Short-Term Assets $154.2M $14.00M
YoY Change 1001.24% -91.37%
Inventory
Prepaid Expenses
Receivables $227.2M $214.3M
Other Receivables $0.00 $16.70M
Total Short-Term Assets $1.122B $865.5M $565.2M
YoY Change 72.45% 53.14% 26.79%
LONG-TERM ASSETS
Property, Plant & Equipment $50.38M $46.30M $39.27M
YoY Change 15.43% 17.91% 164.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $183.1M $207.0M $99.35M
YoY Change 4.01% 108.39% -11.22%
Total Long-Term Assets $15.78B $15.75B $8.645B
YoY Change 10.21% 82.2% 5.89%
TOTAL ASSETS
Total Short-Term Assets $1.122B $865.5M $565.2M
Total Long-Term Assets $15.78B $15.75B $8.645B
Total Assets $16.90B $16.62B $9.210B
YoY Change 12.91% 80.41% 6.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.97M $106.0M $101.5M
YoY Change -51.38% 4.47% -15.12%
Accrued Expenses $52.33M $308.0M
YoY Change -83.01% 16.09%
Deferred Revenue $551.6M $286.4M
YoY Change 92.62% 42.54%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $767.0K $700.0K
YoY Change 9.57%
Total Short-Term Liabilities $1.327B $1.272B $760.0M
YoY Change 6.91% 67.36% 23.43%
LONG-TERM LIABILITIES
Long-Term Debt $4.184B $2.269B
YoY Change 84.42% -1.51%
Other Long-Term Liabilities $52.70M $54.51M $74.71M
YoY Change -27.95% -27.04% 20826.61%
Total Long-Term Liabilities $52.70M $54.51M $74.71M
YoY Change -27.95% -27.04% 20826.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.327B $1.272B $760.0M
Total Long-Term Liabilities $52.70M $54.51M $74.71M
Total Liabilities $6.379B $6.252B $3.243B
YoY Change 11.22% 92.79% 4.98%
SHAREHOLDERS EQUITY
Retained Earnings $1.082B $971.9M $375.9M
YoY Change 90.09% 158.53% 121.58%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.139B $8.998B $3.655B
YoY Change
Total Liabilities & Shareholders Equity $16.90B $16.62B $9.210B
YoY Change 12.91% 80.41% 6.97%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $386.4M $45.43M
YoY Change 750.43% -79.75%
Depreciation, Depletion And Amortization $453.6M $236.2M
YoY Change 92.04% 115.71%
Cash From Operating Activities $954.4M $480.8M
YoY Change 98.49% 23.82%
INVESTING ACTIVITIES
Capital Expenditures $523.3M $381.9M
YoY Change 37.02% 119.23%
Acquisitions
YoY Change
Other Investing Activities -$745.6M -$13.90M
YoY Change 5264.02% -97.18%
Cash From Investing Activities -$1.269B -$395.8M
YoY Change 220.58% -40.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 538.7M 108.4M
YoY Change 396.95% -12.58%
NET CHANGE
Cash From Operating Activities 954.4M 480.8M
Cash From Investing Activities -1.269B -395.8M
Cash From Financing Activities 538.7M 108.4M
Net Change In Cash 224.2M 193.4M
YoY Change 15.92% -224.37%
FREE CASH FLOW
Cash From Operating Activities $954.4M $480.8M
Capital Expenditures $523.3M $381.9M
Free Cash Flow $431.1M $98.90M
YoY Change 335.88% -53.81%

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us-gaap Payments To Explore And Develop Oil And Gas Properties
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us-gaap Payments To Acquire Other Property Plant And Equipment
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us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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24801000 usd
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28011000 usd
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1908000 usd
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7394000 usd
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272026000 usd
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211703000 usd
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272631000 usd
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StockRepurchasedAndRetiredDuringPeriodValue
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17871000 usd
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2416000 usd
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CY2023Q1 us-gaap Profit Loss
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219801000 usd
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35694000 usd
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CY2023Q2 us-gaap Dividends
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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
24558000 usd
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3700000 usd
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CY2023Q2 us-gaap Profit Loss
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148954000 usd
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5926010000 usd
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StockRepurchasedAndRetiredDuringPeriodValue
27921000 usd
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16020000 usd
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284000 usd
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Dividends
33381000 usd
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24413000 usd
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2100000 usd
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ProfitLoss
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><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 requires the Company’s management to make various assumptions, judgments and estimates to determine the reported amounts of assets, liabilities, revenues and expenses, and the disclosures of commitments and contingencies. Changes in these assumptions, judgments and estimates will occur as a result of the passage of time and the occurrence of future events, and accordingly, actual results could differ from amounts previously established. Additionally, the prices received for oil, natural gas and NGL production can heavily influence the Company’s assumptions, judgments and estimates, and continued volatility of oil and gas prices could have a significant impact on the Company’s estimates.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The more significant areas requiring the use of assumptions, judgments and estimates include: (i) oil and natural gas reserves; (ii) cash flow estimates used in impairment tests for long-lived assets; (iii) impairment expense of unproved properties; (iv) depreciation, depletion and amortization; (v) asset retirement obligations; (vi) determining fair value and allocating purchase price in connection with business combinations and asset acquisitions; (vii) accrued revenues and related receivables; (viii) accrued liabilities; (ix) derivative valuations; (x) deferred income taxes; and (xi) determining the fair values of certain stock-based compensation awards.</span></div>
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LesseeOperatingLeaseNumberOfLeases
2 wells
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LesseeOperatingLeaseTermOfContract
P3Y
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OperatingLeaseRightOfUseAsset
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OperatingLeaseRightOfUseAsset
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FinanceLeaseRightOfUseAsset
15072000 usd
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FinanceLeaseRightOfUseAsset
15189000 usd
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OperatingLeaseLiabilityCurrent
52329000 usd
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33006000 usd
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FinanceLeaseLiabilityCurrent
767000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
753000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
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OperatingLeaseLiabilityNoncurrent
28302000 usd
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FinanceLeaseLiabilityNoncurrent
15080000 usd
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FinanceLeaseLiabilityNoncurrent
14821000 usd
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AccountsReceivableNetCurrent
227244000 usd
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AccountsReceivableNetCurrent
345982000 usd
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OilAndGasJointInterestBillingReceivablesCurrent
194170000 usd
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OilAndGasJointInterestBillingReceivablesCurrent
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HedgingAssetsCurrent
11671000 usd
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HedgingAssetsCurrent
8228000 usd
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6253000 usd
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3690000 usd
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AccountsAndOtherReceivablesNetCurrent
439338000 usd
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AccountsAndOtherReceivablesNetCurrent
481060000 usd
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AccountsPayableCurrent
105983000 usd
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AccountsPayableCurrent
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255026000 usd
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AccruedCapitalExpenditures
271569000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
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551629000 usd
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527470000 usd
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InterestPayableCurrentAndNoncurrent
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CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
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CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
143235000 usd
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AccountsPayableAndAccruedLiabilitiesCurrent
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AccountsPayableAndAccruedLiabilitiesCurrent
1167525000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4184259000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3848781000 usd
us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
121417000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
8115000 usd
pr Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
19896000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
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us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6757000 usd
CY2024Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
152066000 usd
CY2024Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
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CY2024Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
140366000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14106000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16020000 usd
pr Number Of Employees Terminated
NumberOfEmployeesTerminated
5 employee
pr Number Of Employees Terminated
NumberOfEmployeesTerminated
19 employee
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1700000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
14600000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
7100000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
39300000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
681699 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.64
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
22666 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.26
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
238500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
18.01
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
420533 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.15
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y2M12D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
566000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
420533 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
16.15
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y2M12D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
566000 usd
CY2024Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
238533000 usd
CY2023Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-151781000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
131702000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-76668000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2024Q3 pr Cash Dividends And Nci Distributions
CashDividendsAndNCIDistributions
170156000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2023Q3 pr Cash Dividends And Nci Distributions
CashDividendsAndNCIDistributions
57587000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
pr Cash Dividends And Nci Distributions
CashDividendsAndNCIDistributions
440291000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
pr Cash Dividends And Nci Distributions
CashDividendsAndNCIDistributions
143089000 usd
CY2024Q3 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-61000000.0 usd
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-57300000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3800000 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5000000 shares
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
386376000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
45433000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
768051000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
220952000 usd
CY2024Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1305000 usd
CY2023Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1374000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
3887000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
4116000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
387681000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46807000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
771938000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
225068000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
693692000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
324650000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
619741000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
312015000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
29117000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
27829000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
29117000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
27583000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
13430000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
13695000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
14457000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
11819000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
736239000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
366174000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
663315000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
351417000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3800000 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5000000 shares
CY2024Q3 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-61000000.0 usd
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-57300000 usd
CY2024Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
7600000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1215571000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
758541000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3704653000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1998207000 usd
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
227200000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
346000000.0 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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