2023 Q3 Form 10-Q Financial Statement

#000155837023013210 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q4
Revenue $1.020B $1.107B $443.9M
YoY Change 147.84% 128.36% 23.51%
Cost Of Revenue $546.8M $579.2M $196.1M
YoY Change 189.66% 161.83% 38.2%
Gross Profit $473.0M $527.3M $247.7M
YoY Change 112.39% 100.24% 13.93%
Gross Profit Margin 46.38% 47.65% 55.82%
Selling, General & Admin $203.5M $194.5M $135.9M
YoY Change 52.79% 34.81% 6.03%
% of Gross Profit 43.02% 36.89% 54.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $101.1M $109.6M $24.34M
YoY Change 316.22% 351.07% 5.94%
% of Gross Profit 21.37% 20.79% 9.83%
Operating Expenses $203.5M $304.1M $160.2M
YoY Change 52.79% 110.78% 6.02%
Operating Profit $145.8M $223.2M $87.54M
YoY Change 127.98% 142.96% 31.92%
Interest Expense $63.70M -$60.40M -$2.359M
YoY Change 592.47% -427.14% -79.71%
% of Operating Profit 43.69% -27.06% -2.69%
Other Income/Expense, Net $400.0K $200.0K -$4.337M
YoY Change -86.04% -87.8% -924.52%
Pretax Income $86.30M $119.4M $58.99M
YoY Change 49.77% 59.11% 42.43%
Income Tax $23.10M $32.60M $13.67M
% Of Pretax Income 26.77% 27.3% 23.17%
Net Earnings $63.40M $77.40M $45.29M
YoY Change 47.75% 45.04% 48.03%
Net Earnings / Revenue 6.22% 7.0% 10.2%
Basic Earnings Per Share $0.30 $0.43
Diluted Earnings Per Share $0.30 $0.42 $0.40
COMMON SHARES
Basic Shares Outstanding 182.1M 181.8M 110.9M
Diluted Shares Outstanding 183.6M shares 182.8M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $428.3M $432.9M $494.3M
YoY Change -2.39% 17.86% 51.58%
Cash & Equivalents $428.3M $432.9M $494.3M
Short-Term Investments
Other Short-Term Assets $83.30M $280.7M $48.34M
YoY Change 202.78% 675.16% -24.87%
Inventory $173.9M $179.9M $103.1M
Prepaid Expenses $66.20M $56.00M $0.00
Receivables $908.7M $894.7M $186.4M
Other Receivables $43.20M $44.10M $2.600M
Total Short-Term Assets $1.835B $1.832B $963.1M
YoY Change 92.32% 83.81% 26.36%
LONG-TERM ASSETS
Property, Plant & Equipment $1.150B $1.138B $459.1M
YoY Change 158.79% 157.01% 2.24%
Goodwill $4.508B $4.705B $948.8M
YoY Change 376.17% 397.4% 0.12%
Intangibles $2.953B $2.735B $322.7M
YoY Change 813.53% 722.15% -7.95%
Long-Term Investments $8.300M
YoY Change
Other Assets $91.20M $1.464B $163.4M
YoY Change -38.34% 769.39% 14.65%
Total Long-Term Assets $10.18B $10.08B $1.901B
YoY Change 444.67% 431.28% -32.86%
TOTAL ASSETS
Total Short-Term Assets $1.835B $1.832B $963.1M
Total Long-Term Assets $10.18B $10.08B $1.901B
Total Assets $12.01B $11.91B $2.864B
YoY Change 325.6% 311.59% -20.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $122.8M $136.8M $294.8M
YoY Change -53.86% -46.25% 5.16%
Accrued Expenses $238.2M $334.9M $141.4M
YoY Change 21.22%
Deferred Revenue $24.10M $10.50M
YoY Change
Short-Term Debt $4.700M $17.20M $29.12M
YoY Change 188.34% 99.14% 373.69%
Long-Term Debt Due $41.20M $18.60M $4.386M
YoY Change 859.03% 302.86% 25.39%
Total Short-Term Liabilities $1.403B $1.384B $795.3M
YoY Change 86.52% 74.55% 35.16%
LONG-TERM LIABILITIES
Long-Term Debt $3.081B $3.132B $577.1M
YoY Change 386.69% 389.58% -66.72%
Other Long-Term Liabilities $70.80M $1.314B $147.3M
YoY Change -48.41% 742.79% 0.02%
Total Long-Term Liabilities $3.152B $4.446B $724.4M
YoY Change 309.18% 458.79% -61.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.403B $1.384B $795.3M
Total Long-Term Liabilities $3.152B $4.446B $724.4M
Total Liabilities $6.608B $6.510B $1.574B
YoY Change 317.35% 294.55% -37.6%
SHAREHOLDERS EQUITY
Retained Earnings $892.5M $887.1M $1.043B
YoY Change -13.19% -12.63% 24.24%
Common Stock $4.103B $4.085B $331.5M
YoY Change 1177.82% 1225.12% 15.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.912B $5.402B $1.290B
YoY Change
Total Liabilities & Shareholders Equity $12.01B $11.91B $2.864B
YoY Change 325.6% 311.59% -20.3%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q4
OPERATING ACTIVITIES
Net Income $63.40M $77.40M $45.29M
YoY Change 47.75% 45.04% 48.03%
Depreciation, Depletion And Amortization $101.1M $109.6M $24.34M
YoY Change 316.22% 351.07% 5.94%
Cash From Operating Activities $156.8M $107.2M $199.1M
YoY Change 138.01% 731.52% 1378.68%
INVESTING ACTIVITIES
Capital Expenditures $99.80M $96.70M $17.43M
YoY Change -391.37% -1022.01% -259.91%
Acquisitions
YoY Change
Other Investing Activities -$10.00M $27.20M -$13.57M
YoY Change -532.15% -750.87% -92.05%
Cash From Investing Activities -$109.8M -$69.50M -$31.01M
YoY Change 243.79% 373.85% -82.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.40M -174.3M -64.12M
YoY Change 47.02% -82.14% -106.03%
NET CHANGE
Cash From Operating Activities 156.8M 107.2M 199.1M
Cash From Investing Activities -109.8M -69.50M -31.01M
Cash From Financing Activities -55.40M -174.3M -64.12M
Net Change In Cash -8.400M -136.6M 104.0M
YoY Change 124.66% -86.03% -88.39%
FREE CASH FLOW
Cash From Operating Activities $156.8M $107.2M $199.1M
Capital Expenditures $99.80M $96.70M $17.43M
Free Cash Flow $57.00M $10.50M $181.7M
YoY Change -43.08% -55.09% 645.65%

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt;">1.    General Information</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">RB Global, Inc., formerly known as Ritchie Bros. Auctioneers Incorporated and its subsidiaries (collectively referred to as the “Company”, “RB Global”, “we”, “us”, or “our”) provide a marketplace for insights, services and transaction solutions for commercial assets and vehicles. The Company offers its customers end-to-end transaction solutions for used commercial and other durable assets through its omnichannel platform, which includes auctions, online marketplaces, listing services, and private brokerage services. The Company also offers a wide array of value-added services connected to commercial assets and vehicles as well as asset management software and data as a service solutions to help customers make more accurate and reliable business decisions. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">On March 20, 2023, the Company acquired all the issued and outstanding shares of IAA, Inc. (“IAA”), which has been consolidated from the date of acquisition. IAA is a leading global digital marketplace connecting vehicle buyers and sellers and facilitates the marketing and sale of total loss, damaged and low-value vehicles for a full spectrum of sellers. IAA has more than 200 facilities throughout the United States, Canada and the United Kingdom. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">On January 3, 2023, the Company also acquired a 75% interest in VeriTread LLC (“VeriTread”), which has been consolidated from the date the Company obtained control on January 18, 2023. VeriTread is a transportation technology company in the United States that provides an online marketplace solution for open deck transport, connecting shippers and service providers.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">RB Global, Inc. is a company incorporated in Canada under the Canada Business Corporations Act, whose shares are publicly traded on the New York Stock Exchange (“NYSE”) and the Toronto Stock Exchange (“TSX”). The Company changed its name from Ritchie Bros. Auctioneers Incorporated and moved its headquarters to Westchester, Illinois, United States from Burnaby, British Columbia, Canada after the close of the IAA acquisition.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
us-gaap Prior Period Reclassification Adjustment Description
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Reclassifications</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The following reclassifications have been made in the presentation of prior period financial statements to conform to the presentation of the current period financial statements:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(i)</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">reclassification in 2022 of </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$23.3</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million from trade and other liabilities to auction proceeds payable relating to amounts payable to consignors from our auctions and marketplaces, which are held for various reasons beyond the typical payment terms of </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">21 days</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">; </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 18pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(ii)</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">reclassification in 2022 of </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$122.9</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million from other non-current assets to operating lease right-of-use assets, </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$12.7</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million from trade and other liabilities to current operating lease liabilities, and </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$111.9</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million from other non-current liabilities to long-term operating lease liabilities; and</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 18pt;"><span style="margin-left:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">(iii)</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">reclassification of </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$0.2</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million and </span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">$0.3</span><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;"> million foreign exchange gain respectively for the three- and six-month periods ended June 30, 2022, from operating income to a separate line below operating income.</span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">3.    Significant Judgments, Estimates and Assumptions</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The preparation of financial statements in conformity with US GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Future differences arising between actual results and the judgments, estimates and assumptions made by the Company at the reporting date, or future changes to estimates and assumptions, could necessitate adjustments to the underlying reported amounts of assets, liabilities, revenues and expenses in future reporting periods.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Judgments, estimates and underlying assumptions are evaluated on an ongoing basis by management and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. However, existing circumstances and assumptions about future developments may change due to market changes or circumstances and such changes are reflected in the assumptions when they occur. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Significant items subject to estimates and judgments during the six months ended June 30, 2023 related to the preliminary purchase price allocations for the acquisitions of IAA and VeriTread. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Accounting for business combinations requires estimates with respect to the fair value of the assets acquired and liabilities assumed. Such estimates of fair value require valuation methods which rely on significant estimates and assumptions. In connection with the acquisitions of IAA and VeriTread, the valuation of intangible assets required significant estimates and assumptions and included estimates regarding future cash flows, growth rates, attrition rates, royalty rates, obsolescence rates, discount rates, terminal value and forecasted period assumptions, as applicable. The Company based these estimates on historical and anticipated results, industry trends, economic analysis, and various other assumptions that it believes are reasonable, including assumptions as to the occurrence of future events. In addition, in connection with the measurement period for the acquisition of IAA, during the three months ended June 30, 2023, management revised certain significant estimates, which include, but are not limited to, the valuation of acquired property, plant, and equipment, including the significant estimates of the valuation of leasehold improvements, acquired yard equipment and other equipment, acquired land, and operating lease right-of-use assets. The valuation of acquired property, plant, and equipment was performed using a cost approach and required significant estimates and assumptions regarding the estimate of replacement cost, adjusted by an estimated depreciation rate to account for physical deterioration and obsolescence. The fair value of the acquired land and right-of-use assets were estimated using a sales comparison approach and included significant estimates and assumptions with respect to market value or market rents, growth rates, and discount rates, as applicable. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
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71.09
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
118934
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
70.12
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
253636
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
70.41
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
27816
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
71.09
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
225820
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
70.33
CY2023Q2 us-gaap Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
-700000
us-gaap Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
600000
CY2022Q2 us-gaap Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
-8600000
us-gaap Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
-9400000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14100000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15700000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23200000
CY2022Q1 us-gaap Sale Leaseback Transaction Lease Term
SaleLeasebackTransactionLeaseTerm
P2Y
CY2022Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P1Y
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4500000
CY2022Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P2Y
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
59.1
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
6.2
us-gaap Operating Lease Cost
OperatingLeaseCost
72.2
us-gaap Operating Lease Cost
OperatingLeaseCost
10.9
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0.6
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2.6
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5.9
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5.2
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0.2
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0.2
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0.6
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0.4
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4.2
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2.9
us-gaap Short Term Lease Cost
ShortTermLeaseCost
7.7
us-gaap Short Term Lease Cost
ShortTermLeaseCost
6.4
us-gaap Sublease Income
SubleaseIncome
0.1
CY2023Q2 us-gaap Lease Cost
LeaseCost
64.1
CY2022Q2 us-gaap Lease Cost
LeaseCost
11.9
us-gaap Lease Cost
LeaseCost
86.3
us-gaap Lease Cost
LeaseCost
22.9
rba Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
73200000
rba Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
0.93
CY2022 rba Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
31000000.0
CY2022 rba Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
0.62

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