2024 Q3 Form 10-Q Financial Statement

#000187150924000103 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $178.3M $181.9M
YoY Change 6.86% 7.49%
Cost Of Revenue $60.14M $61.71M
YoY Change 8.16% 9.75%
Gross Profit $118.1M $120.2M
YoY Change 6.12% 6.37%
Gross Profit Margin 66.26% 66.07%
Selling, General & Admin $73.20M $73.42M
YoY Change 5.02% 3.41%
% of Gross Profit 61.97% 61.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.679M $7.106M
YoY Change 8.11% 19.63%
% of Gross Profit 5.65% 5.91%
Operating Expenses $102.4M $102.4M
YoY Change 6.16% 7.12%
Operating Profit $15.99M $18.12M
YoY Change 5.9% 4.23%
Interest Expense -$6.017M -$6.193M
YoY Change -1.36% 0.83%
% of Operating Profit -37.63% -34.19%
Other Income/Expense, Net $1.724M $439.0K
YoY Change 244.8% -24.18%
Pretax Income $11.31M $12.03M
YoY Change 23.39% 5.12%
Income Tax $2.539M $3.496M
% Of Pretax Income 22.45% 29.07%
Net Earnings $7.220M $6.470M
YoY Change 65.56% -4.68%
Net Earnings / Revenue 4.05% 3.56%
Basic Earnings Per Share $0.12 $0.10
Diluted Earnings Per Share $0.11 $0.10
COMMON SHARES
Basic Shares Outstanding 61.79M shares 61.61M shares
Diluted Shares Outstanding 64.90M shares 64.61M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.52M $12.36M
YoY Change 43.57% -44.97%
Cash & Equivalents $18.52M $12.36M
Short-Term Investments
Other Short-Term Assets $5.201M $5.507M
YoY Change 8.35% 7.16%
Inventory $8.298M $8.755M
Prepaid Expenses $5.201M $5.507M
Receivables $14.91M $15.33M
Other Receivables $0.00 $0.00
Total Short-Term Assets $46.93M $41.95M
YoY Change 19.95% -7.99%
LONG-TERM ASSETS
Property, Plant & Equipment $343.2M $314.6M
YoY Change 24.96% -26.81%
Goodwill $394.3M $394.3M
YoY Change 0.0% 0.0%
Intangibles $250.7M $251.4M
YoY Change -1.14% -1.14%
Long-Term Investments $16.03M $15.94M
YoY Change -3.09% -2.64%
Other Assets $867.0M $868.6M
YoY Change 1.69% 354.63%
Total Long-Term Assets $1.424B $1.397B
YoY Change 8.02% 8.64%
TOTAL ASSETS
Total Short-Term Assets $46.93M $41.95M
Total Long-Term Assets $1.424B $1.397B
Total Assets $1.471B $1.439B
YoY Change 8.36% 8.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.17M $37.58M
YoY Change 40.87% 55.65%
Accrued Expenses $36.25M $27.57M
YoY Change 8.67% -24.2%
Deferred Revenue $4.112M $4.712M
YoY Change 0.44% 0.34%
Short-Term Debt $14.00M $17.00M
YoY Change 70.0%
Long-Term Debt Due $9.375M $9.375M
YoY Change 25.0% 25.0%
Total Short-Term Liabilities $124.3M $109.3M
YoY Change 38.09% 22.73%
LONG-TERM LIABILITIES
Long-Term Debt $278.9M $278.7M
YoY Change -3.0% -3.63%
Other Long-Term Liabilities $3.945M $2.774M
YoY Change 32.69% -99.46%
Total Long-Term Liabilities $869.5M $865.5M
YoY Change 6.03% 7.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $124.3M $109.3M
Total Long-Term Liabilities $869.5M $865.5M
Total Liabilities $993.8M $974.8M
YoY Change 9.2% -5.16%
SHAREHOLDERS EQUITY
Retained Earnings $31.86M $24.64M
YoY Change 447.21% 1585.64%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $382.4M $370.2M
YoY Change
Total Liabilities & Shareholders Equity $1.471B $1.439B
YoY Change 8.36% 8.07%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $7.220M $6.470M
YoY Change 65.56% -4.68%
Depreciation, Depletion And Amortization $6.679M $7.106M
YoY Change 8.11% 19.63%
Cash From Operating Activities $30.33M $32.55M
YoY Change 36.24% 31.13%
INVESTING ACTIVITIES
Capital Expenditures $22.61M $16.97M
YoY Change 11.37% -1.03%
Acquisitions
YoY Change
Other Investing Activities $0.00 $77.00K
YoY Change -100.0% 1000.0%
Cash From Investing Activities -$22.61M -$16.89M
YoY Change 11.65% -1.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.554M -16.49M
YoY Change -86.51% -10470.44%
NET CHANGE
Cash From Operating Activities 30.33M 32.55M
Cash From Investing Activities -22.61M -16.89M
Cash From Financing Activities -1.554M -16.49M
Net Change In Cash 6.163M -827.0K
YoY Change -164.81% -110.54%
FREE CASH FLOW
Cash From Operating Activities $30.33M $32.55M
Capital Expenditures $22.61M $16.97M
Free Cash Flow $7.717M $15.59M
YoY Change 293.72% 102.93%

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us-gaap Net Income Loss
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us-gaap Net Income Loss
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13682000 usd
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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5717000 usd
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ptlo Adjustments To Additional Paid In Capital Deferred Tax Receivable Agreement Adjustment
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13682000 usd
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436456000 usd
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Stock Issued During Period Value Share Based Compensation
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ptlo Noncontrolling Interest Interest Adjustment
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15913000 usd
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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13874000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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8625000 usd
us-gaap Depreciation Depletion And Amortization
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14050000 usd
us-gaap Depreciation Depletion And Amortization
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11610000 usd
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380000 usd
us-gaap Amortization Of Financing Costs And Discounts
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620000 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Share Based Compensation
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5717000 usd
ptlo Tax Receivable Agreement Liability Adjustment
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1163000 usd
ptlo Gift Card Breakage
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502000 usd
us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable Related Parties
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1919000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10438000 usd
us-gaap Interest Paid Net
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12792000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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8625000 usd
us-gaap Depreciation Depletion And Amortization
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14050000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11610000 usd
us-gaap Amortization Of Financing Costs And Discounts
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380000 usd
us-gaap Amortization Of Financing Costs And Discounts
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620000 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Share Based Compensation
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5717000 usd
us-gaap Share Based Compensation
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7720000 usd
ptlo Tax Receivable Agreement Liability Adjustment
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1163000 usd
ptlo Gift Card Breakage
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502000 usd
us-gaap Increase Decrease In Accounts Receivable
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681000 usd
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158000 usd
us-gaap Increase Decrease In Inventories
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22000 usd
us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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41628000 usd
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Short Term Debt
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us-gaap Proceeds From Short Term Debt
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10000000 usd
us-gaap Payments Of Dividends Minority Interest
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838000 usd
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1015000 usd
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297000 usd
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3569000 usd
us-gaap Interest Paid Net
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12792000 usd
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10397000 usd
ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
33690000 usd
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
CY2024Q2 us-gaap Number Of Restaurants
NumberOfRestaurants
85 restaurant
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14050000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11610000 usd
us-gaap Amortization Of Financing Costs And Discounts
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380000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
620000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-66000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Share Based Compensation
ShareBasedCompensation
5717000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
7720000 usd
ptlo Tax Receivable Agreement Liability Adjustment
TaxReceivableAgreementLiabilityAdjustment
1163000 usd
ptlo Gift Card Breakage
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502000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1919000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10438000 usd
us-gaap Increase Decrease In Inventories
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22000 usd
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us-gaap Interest Paid Net
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12792000 usd
us-gaap Increase Decrease In Operating Lease Liability
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ptlo Increase Decrease In Deferred Lease Incentives
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us-gaap Net Cash Provided By Used In Operating Activities
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41628000 usd
us-gaap Payments To Acquire Property Plant And Equipment
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33905000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
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77000 usd
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Proceeds From Short Term Debt
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2000000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
10000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 usd
us-gaap Repayments Of Long Term Debt
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322428000 usd
ptlo Payments For Repurchase Of Equity Held By Subsidiaries
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179306000 usd
us-gaap Payments Of Dividends Minority Interest
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399000 usd
us-gaap Proceeds From Stock Options Exercised
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1015000 usd
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56000 usd
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306000 usd
ptlo Payments Of Tax Receivable Agreement Liability
PaymentsOfTaxReceivableAgreementLiability
4429000 usd
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
10 state
ptlo Payments Of Tax Receivable Agreement Liability
PaymentsOfTaxReceivableAgreementLiability
813000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3569000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10397000 usd
ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
33690000 usd
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
10 state
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
CY2024Q2 us-gaap Number Of Restaurants
NumberOfRestaurants
85 restaurant
CY2024Q2 us-gaap Number Of Restaurants
NumberOfRestaurants
85 restaurant
CY2024Q2 ptlo Number Of Non Traditional Restaurants
NumberOfNonTraditionalRestaurants
2 restaurant
CY2024Q2 ptlo Number Of Non Traditional Restaurants
NumberOfNonTraditionalRestaurants
2 restaurant
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
158000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6365000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1908000 usd
ptlo Increase Decrease In Deferred Lease Incentives
IncreaseDecreaseInDeferredLeaseIncentives
-2101000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33905000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
77000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33828000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
322428000 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
179306000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
399000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1109000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1015000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
56000 usd
ptlo Payments Of Tax Receivable Agreement Liability
PaymentsOfTaxReceivableAgreementLiability
813000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3569000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5881000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1919000 usd
us-gaap Interest Paid Net
InterestPaidNet
12792000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10397000 usd
ptlo Increase Decrease In Liabilities Under Tax Receivable Agreement
IncreaseDecreaseInLiabilitiesUnderTaxReceivableAgreement
33690000 usd
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
10 state
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
CY2024Q2 ptlo Number Of Non Traditional Restaurants
NumberOfNonTraditionalRestaurants
2 restaurant
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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></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 Company uses a 52- or 53-week fiscal year ending on the Sunday prior to or on December 31. 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 2024 and 2023 consist of 52 and 53 weeks, respectively. The fiscal periods presented in this report are the quarters and two quarters ended June 30, 2024 and June 25, 2023, respectively.</span></div>
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>The preparation of these condensed 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 period. Actual results could differ from those estimates.
CY2024Q2 ptlo Deferred Revenue Gift Card Sales That Will Not Be Redeemed Percent
DeferredRevenueGiftCardSalesThatWillNotBeRedeemedPercent
0.11
CY2024Q2 ptlo Gift Card Breakage
GiftCardBreakage
200000 usd
CY2023Q2 ptlo Gift Card Breakage
GiftCardBreakage
200000 usd
ptlo Gift Card Breakage
GiftCardBreakage
500000 usd
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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></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 Company uses a 52- or 53-week fiscal year ending on the Sunday prior to or on December 31. 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 2024 and 2023 consist of 52 and 53 weeks, respectively. The fiscal periods presented in this report are the quarters and two quarters ended June 30, 2024 and June 25, 2023, respectively.</span></div>
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>The preparation of these condensed 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 period. Actual results could differ from those estimates.
CY2024Q2 ptlo Deferred Revenue Gift Card Sales That Will Not Be Redeemed Percent
DeferredRevenueGiftCardSalesThatWillNotBeRedeemedPercent
0.11
CY2024Q2 ptlo Gift Card Breakage
GiftCardBreakage
200000 usd
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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></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 Company uses a 52- or 53-week fiscal year ending on the Sunday prior to or on December 31. 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 2024 and 2023 consist of 52 and 53 weeks, respectively. The fiscal periods presented in this report are the quarters and two quarters ended June 30, 2024 and June 25, 2023, respectively.</span></div>
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>The preparation of these condensed 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 period. Actual results could differ from those estimates.
CY2024Q2 ptlo Deferred Revenue Gift Card Sales That Will Not Be Redeemed Percent
DeferredRevenueGiftCardSalesThatWillNotBeRedeemedPercent
0.11
CY2024Q2 ptlo Gift Card Breakage
GiftCardBreakage
200000 usd
ptlo Gift Card Breakage
GiftCardBreakage
500000 usd
CY2024Q2 ptlo Number Of Food Production Commissaries
NumberOfFoodProductionCommissaries
2 food_production_commissary
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
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></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 Company uses a 52- or 53-week fiscal year ending on the Sunday prior to or on December 31. 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 2024 and 2023 consist of 52 and 53 weeks, respectively. The fiscal periods presented in this report are the quarters and two quarters ended June 30, 2024 and June 25, 2023, respectively.</span></div>
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>The preparation of these condensed 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 period. Actual results could differ from those estimates.
CY2024Q2 ptlo Deferred Revenue Gift Card Sales That Will Not Be Redeemed Percent
DeferredRevenueGiftCardSalesThatWillNotBeRedeemedPercent
0.11
CY2024Q2 ptlo Gift Card Breakage
GiftCardBreakage
200000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6490000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6737000 usd
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1461000 usd
CY2024Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
639000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
8755000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
452662000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138045000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314617000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
6400000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6490000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
165000 usd
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1461000 usd
CY2024Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
639000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
8755000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
421640000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138045000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
125847000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314617000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
6400000 usd
us-gaap Depreciation
Depreciation
12600000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251392000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27206000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
252836000 usd
CY2024Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
700000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6490000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
165000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
157000 usd
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1461000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
8755000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138045000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314617000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
6400000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251392000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
252836000 usd
CY2024Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
700000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2150000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
13120000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6490000 usd
CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
165000 usd
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1461000 usd
CY2024Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
639000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
8755000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
138045000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
6400000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251392000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27206000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
252836000 usd
CY2024Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
700000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
CY2023Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
700000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2150000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
13120000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27467000 usd
CY2024Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2571000 usd
CY2024Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 usd
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251392000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
223925000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
280042000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27206000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
252836000 usd
CY2024Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
700000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1400000 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2571000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1369000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2150000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27467000 usd
CY2024Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
305054000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
306423000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
278679000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
283923000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2707000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
13120000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27467000 usd
CY2024Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2571000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2952000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
305054000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
306423000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
278679000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
283923000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 usd
CY2024Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
CY2023Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
CY2024Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
6600000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
13100000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
14000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6470000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6788000 usd
us-gaap Net Income Loss
NetIncomeLoss
11032000 usd
us-gaap Net Income Loss
NetIncomeLoss
6274000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1168000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1288000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
403000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
4109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
46878000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27467000 usd
CY2024Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2571000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2952000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
305054000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
306423000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
278679000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
283923000 usd
CY2024Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 usd
CY2024Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
13100000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
14000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6470000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6788000 usd
us-gaap Net Income Loss
NetIncomeLoss
11032000 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
577000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1168000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1288000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
403000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2952000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
305054000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
306423000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
278679000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
283923000 usd
CY2024Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 usd
CY2024Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
CY2023Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
CY2024Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
6600000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
13100000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
14000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6470000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6788000 usd
us-gaap Net Income Loss
NetIncomeLoss
11032000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1168000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
1288000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
403000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
4109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
46878000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
47845000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
0 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
58000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
64000 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
1189000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
15913000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
13682000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
7228000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
10280000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
41661000 usd
CY2024Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
100000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 usd
CY2024Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300000 usd
CY2023Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 usd
CY2024Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
6600000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
13100000 usd
CY2023Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
6500000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
14000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6470000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6788000 usd
us-gaap Net Income Loss
NetIncomeLoss
11032000 usd
us-gaap Net Income Loss
NetIncomeLoss
6274000 usd
CY2024Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
355000 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Shares Issued For Equity Based Compensation Plans
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesSharesIssuedForEquityBasedCompensationPlans
577000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
403000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
4109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
46878000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
47845000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
0 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
5000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
58000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
64000 usd
CY2024Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
0 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
1189000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
15913000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
13682000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
7228000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
10280000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
43107000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
41661000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
4109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
46878000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
47845000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
0 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
5000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
64000 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
1189000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
13682000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
7228000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
10280000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
43107000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
41661000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2890000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4184000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7720000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2024Q1 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
17800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
328100000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2023Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability Current
TaxReceivableAgreementLiabilityCurrent
7200000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
47845000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
0 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
5000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
58000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
64000 usd
CY2024Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
0 usd
CY2023Q2 ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
1189000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
15913000 usd
ptlo Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Changes In Tax Basis
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesChangesInTaxBasis
13682000 usd
CY2024Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
7228000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
10280000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
41661000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2890000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4184000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7720000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2024Q1 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
17800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
328100000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2023Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability Current
TaxReceivableAgreementLiabilityCurrent
7200000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2890000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4184000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5717000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7720000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2024Q1 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
17800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
328100000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability Current
TaxReceivableAgreementLiabilityCurrent
7200000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
8530000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
9898000 usd
us-gaap Profit Loss
ProfitLoss
13874000 usd
us-gaap Profit Loss
ProfitLoss
8625000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2060000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3110000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2351000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6470000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
6788000 usd
us-gaap Net Income Loss
NetIncomeLoss
11032000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2890000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4184000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5717000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7720000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
200000 usd
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Share Price
SharePrice
11.94
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2024Q1 ptlo Deferred Tax Assets Tax Receivable Agreement
DeferredTaxAssetsTaxReceivableAgreement
17800000 usd
CY2024Q1 ptlo Tax Receivable Agreement Liability Increase Decrease
TaxReceivableAgreementLiabilityIncreaseDecrease
33700000 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
328100000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2023Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2024Q2 ptlo Tax Receivable Agreement Liability Current
TaxReceivableAgreementLiabilityCurrent
7200000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
8530000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
9898000 usd
us-gaap Profit Loss
ProfitLoss
13874000 usd
us-gaap Profit Loss
ProfitLoss
8625000 usd
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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3554000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Profit Loss
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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3554000 shares
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CY2024Q2 us-gaap Profit Loss
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CY2023Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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NetIncomeLoss
6470000 usd
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NetIncomeLoss
11032000 usd
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54965000 shares
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WeightedAverageNumberOfSharesOutstandingBasic
59544000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52252000 shares
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2959000 shares
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
3585000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3034000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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3554000 shares
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3585000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3034000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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3554000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
58550000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
TaxReceivableAgreementTaxPayablePercentOfTaxSavings
0.85
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2024Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
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CY2024Q2 ptlo Tax Receivable Agreement Liability Noncurrent
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CY2023Q4 ptlo Tax Receivable Agreement Liability Noncurrent
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2589000 shares
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1821000 shares
ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
TaxReceivableAgreementTaxPayablePercentOfTaxSavings
0.85
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2023Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
CY2024Q2 ptlo Tax Receivable Agreement Amount Paid
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0 usd
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4428000 usd
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
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ptlo Tax Receivable Agreement Tax Payable Percent Of Tax Savings
TaxReceivableAgreementTaxPayablePercentOfTaxSavings
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ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
4400000 usd
ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
800000 usd
CY2023Q2 ptlo Tax Receivable Agreement Amount Paid
TaxReceivableAgreementAmountPaid
0 usd
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CY2024Q2 ptlo Tax Receivable Agreement Liability Current
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TaxReceivableAgreementTaxPayablePercentOfTaxSavings
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ptlo Tax Receivable Agreement Amount Paid
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4400000 usd
ptlo Tax Receivable Agreement Amount Paid
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0 usd
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