2021 Form 10-K Financial Statement

#000187150922000008 Filed on March 10, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $535.0M $455.5M
YoY Change 17.45% -4.99%
Cost Of Revenue $166.8M $142.4M
YoY Change 17.07% -4.44%
Gross Profit $368.2M $313.0M
YoY Change 17.62% -5.25%
Gross Profit Margin 68.83% 68.73%
Selling, General & Admin $257.0M $183.4M
YoY Change 40.18% -11.14%
% of Gross Profit 69.81% 58.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.31M $6.180M $24.58M
YoY Change -5.17% 0.9%
% of Gross Profit 6.33% 7.85%
Operating Expenses $338.7M $256.4M
YoY Change 32.11% -9.06%
Operating Profit $30.01M $57.29M
YoY Change -47.62% 17.11%
Interest Expense -$38.90M -$44.57M
YoY Change -12.73% 4.63%
% of Operating Profit -129.6% -77.8%
Other Income/Expense, Net
YoY Change
Pretax Income -$16.95M $12.26M
YoY Change -238.2% 120.76%
Income Tax -$3.531M $0.00
% Of Pretax Income 0.0%
Net Earnings -$15.18M -$8.261M
YoY Change 83.8% -35.81%
Net Earnings / Revenue -2.84% -1.81%
Basic Earnings Per Share -$0.42 -$0.16
Diluted Earnings Per Share -$0.42 -$0.16
COMMON SHARES
Basic Shares Outstanding 35.81M shares 51.19M shares
Diluted Shares Outstanding 35.81M shares 51.19M shares

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.26M $41.21M
YoY Change -4.73% 83.78%
Cash & Equivalents $39.26M $41.21M $41.21M
Short-Term Investments
Other Short-Term Assets $5.836M $2.915M $3.136M
YoY Change 86.1% 15.98%
Inventory $6.078M $5.075M $5.075M
Prepaid Expenses $2.915M
Receivables $7.840M $5.204M $5.204M
Other Receivables $0.00 $0.00
Total Short-Term Assets $59.02M $54.63M $54.63M
YoY Change 8.04% 67.12%
LONG-TERM ASSETS
Property, Plant & Equipment $190.8M $174.8M $174.8M
YoY Change 9.19% 5.86%
Goodwill $394.3M
YoY Change
Intangibles $266.2M
YoY Change
Long-Term Investments $16.17M $16.02M $16.02M
YoY Change 0.97% 0.96%
Other Assets $79.50M $680.8M $4.334M
YoY Change 1734.26% 15.79%
Total Long-Term Assets $940.6M $855.6M $855.6M
YoY Change 9.93% 0.19%
TOTAL ASSETS
Total Short-Term Assets $59.02M $54.63M $54.63M
Total Long-Term Assets $940.6M $855.6M $855.6M
Total Assets $999.6M $910.2M $910.2M
YoY Change 9.82% 2.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.25M $21.43M $21.43M
YoY Change 27.17% 34.92%
Accrued Expenses $27.50M $34.83M $33.22M
YoY Change -17.21% 20.89%
Deferred Revenue $6.774M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $3.324M $3.324M $3.324M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $66.94M $66.35M $66.35M
YoY Change 0.88% -5.12%
LONG-TERM LIABILITIES
Long-Term Debt $315.8M $466.4M $466.4M
YoY Change -32.28% 0.12%
Other Long-Term Liabilities $193.4M $9.516M $36.21M
YoY Change 434.11% 56.87%
Total Long-Term Liabilities $509.2M $502.6M $502.6M
YoY Change 1.32% 2.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $66.94M $66.35M $66.35M
Total Long-Term Liabilities $509.2M $502.6M $502.6M
Total Liabilities $828.3M $568.9M $568.9M
YoY Change 45.59% 1.8%
SHAREHOLDERS EQUITY
Retained Earnings $0.00
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $171.3M $140.7M $341.3M
YoY Change
Total Liabilities & Shareholders Equity $999.6M $910.2M $910.2M
YoY Change 9.82% 2.66%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$15.18M -$8.261M
YoY Change 83.8% -35.81%
Depreciation, Depletion And Amortization $23.31M $6.180M $24.58M
YoY Change -5.17% 0.9%
Cash From Operating Activities $42.87M $20.17M $58.27M
YoY Change -26.42% 34.5%
INVESTING ACTIVITIES
Capital Expenditures $36.18M -$11.31M $21.45M
YoY Change 68.67% -2.69%
Acquisitions
YoY Change
Other Investing Activities -$77.00K $2.000K $32.00K
YoY Change -340.63% -3.03%
Cash From Investing Activities -$36.26M -$11.31M -$21.42M
YoY Change 69.28% -2.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0K $26.00K
YoY Change 284.62% -74.0%
Debt Paid & Issued, Net $158.3M $13.32M
YoY Change 1088.26% -97.18%
Cash From Financing Activities -$8.783M -830.0K -$18.05M
YoY Change -51.34% 53.98%
NET CHANGE
Cash From Operating Activities $42.87M 20.17M $58.27M
Cash From Investing Activities -$36.26M -11.31M -$21.42M
Cash From Financing Activities -$8.783M -830.0K -$18.05M
Net Change In Cash -$2.169M 8.024M $18.80M
YoY Change -111.54% 96.03%
FREE CASH FLOW
Cash From Operating Activities $42.87M $20.17M $58.27M
Capital Expenditures $36.18M -$11.31M $21.45M
Free Cash Flow $6.691M $31.48M $36.82M
YoY Change -81.83% 73.02%

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CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5555000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1286000 USD
CY2019 ptlo Common Stock Shares Subscribed But Unissued Repayment Of Subscription Receivable
CommonStockSharesSubscribedButUnissuedRepaymentOfSubscriptionReceivable
251000 USD
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
100000 USD
CY2019 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
18424000 USD
CY2019 us-gaap Preferred Stock Accretion Of Redemption Discount
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18424000 USD
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
100000 shares
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
180047000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
147734000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12263000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
960000 USD
CY2020 ptlo Common Stock Shares Subscribed But Unissued Repayment Of Subscription Receivable
CommonStockSharesSubscribedButUnissuedRepaymentOfSubscriptionReceivable
250000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26000 USD
CY2020 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
20524000 USD
CY2020 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
20524000 USD
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
100000 shares
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
200571000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
140709000 USD
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
100000 shares
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
200571000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
140709000 USD
CY2021 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
21176000 USD
us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
21176000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
100000 USD
ptlo Common Stock Shares Subscribed But Unissued Repayment Of Subscription Receivable
CommonStockSharesSubscribedButUnissuedRepaymentOfSubscriptionReceivable
499000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21942000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
492000 USD
CY2021Q4 ptlo Adjustments To Additional Paid In Capital Reorganization
AdjustmentsToAdditionalPaidInCapitalReorganization
125000 USD
CY2021Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
372891000 USD
CY2021Q4 ptlo Adjustments To Additional Paid In Capital Allocation Of Equity Reverse Recapitalization
AdjustmentsToAdditionalPaidInCapitalAllocationOfEquityReverseRecapitalization
0 USD
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
100000 shares
CY2021 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-221747000 USD
CY2021Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-35358000 USD
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28897000 USD
CY2021Q4 ptlo Adjustment To Additional Paid In Capital Deferred Tax Adjustment Under Tax Receivable Agreement
AdjustmentToAdditionalPaidInCapitalDeferredTaxAdjustmentUnderTaxReceivableAgreement
85715000 USD
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
423406000 USD
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-13416000 USD
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12263000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5555000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23312000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24584000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24364000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3607000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3863000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2830000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-256000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-98000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-271000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
29389000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
960000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1286000 USD
CY2021 us-gaap Straight Line Rent
StraightLineRent
-4120000 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
-3888000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
-3159000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3532000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2021 ptlo Amortization Of Deferred Lease Incentives
AmortizationOfDeferredLeaseIncentives
388000 USD
CY2020 ptlo Amortization Of Deferred Lease Incentives
AmortizationOfDeferredLeaseIncentives
330000 USD
CY2019 ptlo Amortization Of Deferred Lease Incentives
AmortizationOfDeferredLeaseIncentives
251000 USD
CY2021 ptlo Gift Card Breakage
GiftCardBreakage
715000 USD
CY2020 ptlo Gift Card Breakage
GiftCardBreakage
700000 USD
CY2019 ptlo Gift Card Breakage
GiftCardBreakage
774000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7265000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
777000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
753000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-33000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
152000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-280000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-414000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1003000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1180000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
141000 USD
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2921000 USD
CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
416000 USD
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1804000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1788000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1354000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1785000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4521000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6573000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7206000 USD
CY2021 ptlo Increase Decrease In Deferred Lease Incentives
IncreaseDecreaseInDeferredLeaseIncentives
-690000 USD
CY2020 ptlo Increase Decrease In Deferred Lease Incentives
IncreaseDecreaseInDeferredLeaseIncentives
-2314000 USD
CY2019 ptlo Increase Decrease In Deferred Lease Incentives
IncreaseDecreaseInDeferredLeaseIncentives
-400000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
128000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5473000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1046000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42874000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58271000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43325000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36183000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21452000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22045000 USD
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
200000 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
123000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
32000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
33000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36260000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21420000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22012000 USD
CY2021 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
CY2020 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
15000000 USD
CY2019 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
9000000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
464110000 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
158324000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
13324000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
471842000 USD
CY2021 ptlo Proceeds From Paycheck Protection Program Loan Cares Act
ProceedsFromPaycheckProtectionProgramLoanCARESAct
0 USD
CY2020 ptlo Proceeds From Paycheck Protection Program Loan Cares Act
ProceedsFromPaycheckProtectionProgramLoanCARESAct
10000000 USD
CY2019 ptlo Proceeds From Paycheck Protection Program Loan Cares Act
ProceedsFromPaycheckProtectionProgramLoanCARESAct
0 USD
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
3100000 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
437078000 USD
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2019 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021 ptlo Payments For Repurchase Of Equity Held By Subsidiaries
PaymentsForRepurchaseOfEquityHeldBySubsidiaries
57010000 USD
CY2020 ptlo Payments For Repurchase Of Equity Held By Subsidiaries
PaymentsForRepurchaseOfEquityHeldBySubsidiaries
0 USD
CY2019 ptlo Payments For Repurchase Of Equity Held By Subsidiaries
PaymentsForRepurchaseOfEquityHeldBySubsidiaries
0 USD
CY2021 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
221747000 USD
CY2020 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2019 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
6279000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
100000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
26000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
100000 USD
CY2021 ptlo Repayment Of Stock Subscription Receivable
RepaymentOfStockSubscriptionReceivable
-499000 USD
CY2020 ptlo Repayment Of Stock Subscription Receivable
RepaymentOfStockSubscriptionReceivable
-250000 USD
CY2019 ptlo Repayment Of Stock Subscription Receivable
RepaymentOfStockSubscriptionReceivable
-251000 USD
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
13340000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8783000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18048000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11721000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2169000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18803000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9592000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41432000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22629000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13037000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39263000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41432000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22629000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
43544000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
34294000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
36506000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2195000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5008000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1058000 USD
CY2021 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
21176000 USD
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
20524000 USD
CY2019 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
18424000 USD
CY2021 ptlo Offering Costs Incurred But Not Yet Paid
OfferingCostsIncurredButNotYetPaid
771000 USD
CY2020 ptlo Offering Costs Incurred But Not Yet Paid
OfferingCostsIncurredButNotYetPaid
0 USD
CY2019 ptlo Offering Costs Incurred But Not Yet Paid
OfferingCostsIncurredButNotYetPaid
0 USD
CY2021 ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
156638000 USD
CY2020 ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
0 USD
CY2019 ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
0 USD
CY2021Q4 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 foodProductionCommissary
CY2021Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
68 restaurant
CY2020Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
63 restaurant
CY2021Q4 ptlo Number Of Non Traditional Restaurant
NumberOfNonTraditionalRestaurant
3 restaurant
CY2020Q4 ptlo Number Of Non Traditional Restaurant
NumberOfNonTraditionalRestaurant
4 restaurant
CY2021Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
20.00
CY2021Q4 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
221700000 USD
CY2021Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
57000000 USD
CY2021Q4 ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
TaxReceivableAgreementTaxPayablePercentOfTaxSavings
0.85
CY2021Q4 ptlo Tax Receivable Agreement Tax Savings Retained Percent
TaxReceivableAgreementTaxSavingsRetainedPercent
0.15
CY2021 us-gaap Fiscal Period
FiscalPeriod
<div><span style="color:#d22630;font-family:'Arial Narrow',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Fiscal Year</span><span style="color:#d22630;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In fiscal year 2019, the Company changed from a calendar year ending on December 31 to a 52-53 week fiscal year ending on the Sunday prior to December 31, effective beginning with the first quarter of 2019. In a 52-week fiscal year, each quarterly period is comprised of 13 weeks. The additional week in a 53-week fiscal year is added to the fourth quarter. Fiscal 2021, 2020 and 2019 each consisted of 52 weeks. The fiscal periods presented in this report are years ended December 26, 2021, December 27, 2020 and December 29, 2019, respectively. Unless otherwise stated, references to years in this report relate to fiscal years.</span></div>
CY2021Q4 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 foodProductionCommissary
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#d22630;font-family:'Arial Narrow',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of sales and expenses during the reporting period. Significant estimates inherent in the preparation of the consolidated financial statements include useful lives and impairments of long-lived tangible and intangible assets, accounting for income taxes and related uncertain tax positions, the valuation of equity-based compensation and awards, and reserves for litigation and other contingencies, amongst others. Actual results could differ from those estimates.</span></div>
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
60000.00 USD
CY2021Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
400000 USD
CY2020Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
200000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2021Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
7100000 USD
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
500000 USD
CY2020 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
400000 USD
CY2019 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
400000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.80
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3100000 USD
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
2600000 USD
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
4500000 USD
CY2020Q4 ptlo Accrued Payroll Taxes Cares Act
AccruedPayrollTaxesCARESAct
5400000 USD
CY2021 ptlo Payments For Accrued Payroll Taxes Cares Act
PaymentsForAccruedPayrollTaxesCARESAct
2700000 USD
CY2021Q4 ptlo Accrued Payroll Taxes Cares Act
AccruedPayrollTaxesCARESAct
2700000 USD
CY2020 ptlo Income Tax Credits And Adjustments Cares Act
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300000 USD
CY2021Q4 ptlo Deferred Revenue Gift Card Sales That Will Not Be Redeemed Percent
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0.11
CY2021 ptlo Gift Card Breakage
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700000 USD
CY2020 ptlo Gift Card Breakage
GiftCardBreakage
700000 USD
CY2019 ptlo Gift Card Breakage
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800000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
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4181000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
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3999000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
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114000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
112000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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1395000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
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715000 USD
CY2021Q4 us-gaap Other Inventory Net Of Reserves
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388000 USD
CY2020Q4 us-gaap Other Inventory Net Of Reserves
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249000 USD
CY2021Q4 us-gaap Inventory Net
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6078000 USD
CY2020Q4 us-gaap Inventory Net
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5075000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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280064000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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248789000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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89230000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
74020000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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190834000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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174769000 USD
CY2021 us-gaap Depreciation
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16900000 USD
CY2020 us-gaap Depreciation
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15800000 USD
CY2019 us-gaap Depreciation
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15600000 USD
CY2021 us-gaap Number Of Reporting Units
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1 reporting_unit
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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223925000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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323832000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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64075000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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259757000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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323832000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
57652000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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266180000 USD
CY2021 us-gaap Adjustment For Amortization
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6400000 USD
CY2020 us-gaap Adjustment For Amortization
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8800000 USD
CY2019 us-gaap Adjustment For Amortization
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8800000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2900000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
20600000 USD
CY2021Q4 us-gaap Prepaid Insurance
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2869000 USD
CY2020Q4 us-gaap Prepaid Insurance
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445000 USD
CY2021Q4 us-gaap Prepaid Rent
PrepaidRent
494000 USD
CY2020Q4 us-gaap Prepaid Rent
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526000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2473000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1944000 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5836000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2915000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
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18065000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
15243000 USD
CY2021Q4 us-gaap Interest Payable Current
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1597000 USD
CY2020Q4 us-gaap Interest Payable Current
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9377000 USD
CY2021Q4 ptlo Accrued Rent And Taxes Current
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5111000 USD
CY2020Q4 ptlo Accrued Rent And Taxes Current
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4807000 USD
CY2021Q4 us-gaap Accrued Insurance Current
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2572000 USD
CY2020Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
2837000 USD
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1970000 USD
CY2020Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1609000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
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157000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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954000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
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29472000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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34827000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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6599000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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14372000 USD
CY2021Q4 us-gaap Long Term Debt
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319153000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
469704000 USD
CY2021Q4 us-gaap Long Term Debt Current
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3324000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3324000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
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315829000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
466380000 USD
CY2021 us-gaap Payments Of Debt Extinguishment Costs
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3100000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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3324000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4155000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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318273000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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325752000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
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14500000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
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13300000 USD
CY2019Q4 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
1200000 USD
CY2021 us-gaap Amortization Of Financing Costs
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2100000 USD
CY2020 us-gaap Amortization Of Financing Costs
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2200000 USD
CY2019 us-gaap Amortization Of Financing Costs
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2600000 USD
CY2021 us-gaap Amortization Of Debt Discount Premium
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1500000 USD
CY2020 us-gaap Amortization Of Debt Discount Premium
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1600000 USD
CY2019 us-gaap Amortization Of Debt Discount Premium
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300000 USD
CY2021 us-gaap Interest Expense Debt
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39700000 USD
CY2020 us-gaap Interest Expense Debt
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45000000 USD
CY2019 us-gaap Interest Expense Debt
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43400000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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-7300000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
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P5Y
CY2021 us-gaap Operating Leases Rent Expense Minimum Rentals
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22363000 USD
CY2020 us-gaap Operating Leases Rent Expense Minimum Rentals
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19787000 USD
CY2019 us-gaap Operating Leases Rent Expense Minimum Rentals
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19311000 USD
CY2021 us-gaap Operating Leases Rent Expense Contingent Rentals
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679000 USD
CY2020 us-gaap Operating Leases Rent Expense Contingent Rentals
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486000 USD
CY2019 us-gaap Operating Leases Rent Expense Contingent Rentals
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615000 USD
CY2021 us-gaap Lease And Rental Expense
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23042000 USD
CY2020 us-gaap Lease And Rental Expense
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20273000 USD
CY2019 us-gaap Lease And Rental Expense
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19926000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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20298000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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20784000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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21099000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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20969000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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21254000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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508217000 USD
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
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612621000 USD
CY2014Q3 us-gaap Temporary Equity Shares Outstanding
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100000 shares
CY2014Q3 us-gaap Proceeds From Contributed Capital
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97700000 USD
CY2021Q4 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
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221700000 USD
CY2021Q4 us-gaap Preferred Stock Liquidation Preference Value
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2200000 USD
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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0 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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200600000 USD
CY2021Q4 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2021Q4 us-gaap Sale Of Stock Price Per Share
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20.00
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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7047000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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4.51
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y10M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3740000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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433000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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5.68
CY2021 ptlo Share Based Compensation Arrangement By Share Based Payment Award Options Granted Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedOutstandingWeightedAverageRemainingContractualTerm
P9Y3M18D
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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1054000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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3.37
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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6426000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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4.53
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y7M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
217286000 USD
CY2021Q4 ptlo Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingNumber
4766000 shares
CY2021Q4 ptlo Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Exercise Price
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4.34
CY2021 ptlo Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageRemainingContractualTerm
P4Y10M24D
CY2021Q4 ptlo Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingAggregateIntrinsicValue
162022000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
6294000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.51
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
212908000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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12000000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2021 us-gaap Allocated Share Based Compensation Expense
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30708000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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960000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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1286000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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1000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
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1000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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-3532000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3531000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-3559000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-878000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
4076000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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-0.240
CY2021 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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-4608000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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0.272
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
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1438000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.085
CY2021 us-gaap Income Tax Expense Benefit
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-3531000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.209
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.209
CY2021Q4 us-gaap Deferred Tax Assets Investments
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67865000 USD
CY2021Q4 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
30910000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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12806000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
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1289000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
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112870000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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38415000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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74455000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investments
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67900000 USD
CY2021Q4 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
30900000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investments
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67900000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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38400000 USD
CY2021Q4 ptlo Tax Receivable Agreement Liability
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156600000 USD
CY2021Q4 ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
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0.85
CY2021 ptlo Tax Receivable Agreement Tax Savings Retained Percent
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0.15
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2021 us-gaap Profit Loss
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-34592000 USD
CY2020 us-gaap Profit Loss
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-8261000 USD
CY2019 us-gaap Profit Loss
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-12869000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-19408000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2021 us-gaap Net Income Loss
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-15184000 USD
CY2020 us-gaap Net Income Loss
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-8261000 USD
CY2019 us-gaap Net Income Loss
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-12869000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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35807000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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51189000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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51176000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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35807000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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51189000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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51176000 shares
CY2021 us-gaap Earnings Per Share Basic
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-0.42
CY2020 us-gaap Earnings Per Share Basic
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-0.16
CY2019 us-gaap Earnings Per Share Basic
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-0.25
CY2021 us-gaap Earnings Per Share Diluted
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-0.42
CY2020 us-gaap Earnings Per Share Diluted
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-0.16
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1224000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
679000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
260000 shares
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
900000 USD
CY2021Q4 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
800000 USD
CY2021Q4 ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
TaxReceivableAgreementTaxPayablePercentOfTaxSavings
0.85
CY2021Q4 ptlo Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
156638000 USD

Files In Submission

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0001871509-22-000008-index-headers.html Edgar Link pending
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