2023 Q4 Form 10-Q Financial Statement
#000162828023038257 Filed on November 09, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $1.041B | $1.020B | $443.9M |
YoY Change | 134.51% | 147.84% | 23.51% |
Cost Of Revenue | $547.3M | $546.8M | $196.1M |
YoY Change | 179.06% | 189.66% | 38.2% |
Gross Profit | $493.6M | $473.0M | $247.7M |
YoY Change | 99.24% | 112.39% | 13.93% |
Gross Profit Margin | 47.42% | 46.38% | 55.82% |
Selling, General & Admin | $197.5M | $203.5M | $135.9M |
YoY Change | 45.37% | 52.79% | 6.03% |
% of Gross Profit | 40.01% | 43.02% | 54.84% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $105.3M | $101.1M | $24.34M |
YoY Change | 332.59% | 316.22% | 5.94% |
% of Gross Profit | 21.33% | 21.37% | 9.83% |
Operating Expenses | $302.8M | $203.5M | $160.2M |
YoY Change | 89.02% | 52.79% | 6.02% |
Operating Profit | $190.8M | $145.8M | $87.54M |
YoY Change | 117.95% | 127.98% | 31.92% |
Interest Expense | -$58.40M | $63.70M | -$2.359M |
YoY Change | 2375.63% | 592.47% | -79.71% |
% of Operating Profit | -30.61% | 43.69% | -2.69% |
Other Income/Expense, Net | $1.700M | $400.0K | -$4.337M |
YoY Change | -139.2% | -86.04% | -924.52% |
Pretax Income | $114.1M | $86.30M | $58.99M |
YoY Change | 93.43% | 49.77% | 42.43% |
Income Tax | $29.90M | $23.10M | $13.67M |
% Of Pretax Income | 26.21% | 26.77% | 23.17% |
Net Earnings | $74.80M | $63.40M | $45.29M |
YoY Change | 65.16% | 47.75% | 48.03% |
Net Earnings / Revenue | 7.19% | 6.22% | 10.2% |
Basic Earnings Per Share | $0.30 | ||
Diluted Earnings Per Share | $0.41 | $0.30 | $0.40 |
COMMON SHARES | |||
Basic Shares Outstanding | 182.3M shares | 182.1M | 110.9M |
Diluted Shares Outstanding | 183.6M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $576.2M | $428.3M | $494.3M |
YoY Change | 16.56% | -2.39% | 51.58% |
Cash & Equivalents | $576.2M | $428.3M | $494.3M |
Short-Term Investments | |||
Other Short-Term Assets | $91.20M | $83.30M | $48.34M |
YoY Change | 88.66% | 202.78% | -24.87% |
Inventory | $166.5M | $173.9M | $103.1M |
Prepaid Expenses | $66.90M | $66.20M | $0.00 |
Receivables | $731.5M | $908.7M | $186.4M |
Other Receivables | $10.00M | $43.20M | $2.600M |
Total Short-Term Assets | $1.814B | $1.835B | $963.1M |
YoY Change | 88.35% | 92.32% | 26.36% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.201B | $1.150B | $459.1M |
YoY Change | 161.56% | 158.79% | 2.24% |
Goodwill | $4.537B | $4.508B | $948.8M |
YoY Change | 378.17% | 376.17% | 0.12% |
Intangibles | $2.914B | $2.953B | $322.7M |
YoY Change | 803.17% | 813.53% | -7.95% |
Long-Term Investments | $12.90M | ||
YoY Change | |||
Other Assets | $85.60M | $91.20M | $163.4M |
YoY Change | -47.61% | -38.34% | 14.65% |
Total Long-Term Assets | $10.22B | $10.18B | $1.901B |
YoY Change | 437.9% | 444.67% | -32.86% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.814B | $1.835B | $963.1M |
Total Long-Term Assets | $10.22B | $10.18B | $1.901B |
Total Assets | $12.04B | $12.01B | $2.864B |
YoY Change | 320.34% | 325.6% | -20.3% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $685.8M | $122.8M | $294.8M |
YoY Change | 132.66% | -53.86% | 5.16% |
Accrued Expenses | $294.5M | $238.2M | $141.4M |
YoY Change | 108.27% | 21.22% | |
Deferred Revenue | $17.50M | $24.10M | $10.50M |
YoY Change | 66.67% | ||
Short-Term Debt | $13.70M | $4.700M | $29.12M |
YoY Change | -52.95% | 188.34% | 373.69% |
Long-Term Debt Due | $14.20M | $41.20M | $4.386M |
YoY Change | 223.76% | 859.03% | 25.39% |
Total Short-Term Liabilities | $1.343B | $1.403B | $795.3M |
YoY Change | 68.83% | 86.52% | 35.16% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.062B | $3.081B | $577.1M |
YoY Change | 430.5% | 386.69% | -66.72% |
Other Long-Term Liabilities | $86.70M | $70.80M | $147.3M |
YoY Change | -41.14% | -48.41% | 0.02% |
Total Long-Term Liabilities | $3.148B | $3.152B | $724.4M |
YoY Change | 334.61% | 309.18% | -61.49% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.343B | $1.403B | $795.3M |
Total Long-Term Liabilities | $3.148B | $3.152B | $724.4M |
Total Liabilities | $6.528B | $6.608B | $1.574B |
YoY Change | 314.83% | 317.35% | -37.6% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $918.5M | $892.5M | $1.043B |
YoY Change | -11.95% | -13.19% | 24.24% |
Common Stock | $4.142B | $4.103B | $331.5M |
YoY Change | 1149.37% | 1177.82% | 15.5% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.017B | $4.912B | $1.290B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $12.04B | $12.01B | $2.864B |
YoY Change | 320.34% | 325.6% | -20.3% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $74.80M | $63.40M | $45.29M |
YoY Change | 65.16% | 47.75% | 48.03% |
Depreciation, Depletion And Amortization | $105.3M | $101.1M | $24.34M |
YoY Change | 332.59% | 316.22% | 5.94% |
Cash From Operating Activities | $337.3M | $156.8M | $199.1M |
YoY Change | 69.37% | 138.01% | 1378.68% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $109.3M | $99.80M | $17.43M |
YoY Change | 526.97% | -391.37% | -259.91% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.300M | -$10.00M | -$13.57M |
YoY Change | -124.31% | -532.15% | -92.05% |
Cash From Investing Activities | -$106.0M | -$109.8M | -$31.01M |
YoY Change | 241.85% | 243.79% | -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 | -52.60M | -55.40M | -64.12M |
YoY Change | -17.96% | 47.02% | -106.03% |
NET CHANGE | |||
Cash From Operating Activities | 337.3M | 156.8M | 199.1M |
Cash From Investing Activities | -106.0M | -109.8M | -31.01M |
Cash From Financing Activities | -52.60M | -55.40M | -64.12M |
Net Change In Cash | 178.7M | -8.400M | 104.0M |
YoY Change | 71.79% | 124.66% | -88.39% |
FREE CASH FLOW | |||
Cash From Operating Activities | $337.3M | $156.8M | $199.1M |
Capital Expenditures | $109.3M | $99.80M | $17.43M |
Free Cash Flow | $228.0M | $57.00M | $181.7M |
YoY Change | 25.47% | -43.08% | 645.65% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q4 | us-gaap |
Derivative Liability Current Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityCurrentStatementOfFinancialPositionExtensibleEnumeration
|
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CY2023Q3 | us-gaap |
Derivative Liability Current Statement Of Financial Position Extensible Enumeration
DerivativeLiabilityCurrentStatementOfFinancialPositionExtensibleEnumeration
|
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CY2022Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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Derivative Gain Loss On Derivative Net
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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Other Nonoperating Income Expense
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Profit Loss
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Net Income Loss
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Net Income Loss
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Net Income Loss
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Net Income Loss Attributable To Redeemable Noncontrolling Interest
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Net Income Loss
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Preferred Stock Dividends Income Statement Impact
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Undistributed Earnings Loss Allocated To Participating Securities Basic
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Undistributed Earnings Loss Allocated To Participating Securities Basic
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Undistributed Earnings Loss Allocated To Participating Securities Basic
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Net Income Loss Available To Common Stockholders Basic
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Net Income Loss Available To Common Stockholders Basic
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
EarningsPerShareBasic
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0.39 | |
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Earnings Per Share Basic
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Earnings Per Share Basic
EarningsPerShareBasic
|
2.48 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
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0.38 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.45 | ||
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Weighted Average Number Of Shares Outstanding Basic
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Diluted Shares Outstanding
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Profit Loss
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Profit Loss
ProfitLoss
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Profit Loss
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Profit Loss
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax
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Temporary Equity Value Excluding Additional Paid In Capital
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|
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CY2022Q4 | us-gaap |
Temporary Equity Value Excluding Additional Paid In Capital
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CY2023Q3 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
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CY2023Q3 | us-gaap |
Temporary Equity Shares Outstanding
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|
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CY2022Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
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CY2022Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
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CY2023Q3 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
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Temporary Equity Carrying Amount Attributable To Parent
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Redeemable Noncontrolling Interest Equity Carrying Amount
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Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
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Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
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|
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Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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|
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Dividends Preferred Stock Cash
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|
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Temporary Equity Percentage Of Cumulative Dividends
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|
0.055 | |
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Temporary Equity Cumulative Dividends
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|
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Dividends Common Stock Cash
DividendsCommonStockCash
|
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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|
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Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
42900000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
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|
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Comprehensive Income Net Of Tax
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|
12400000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2900000 | usd |
CY2022Q3 | rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-100000 | usd |
CY2022Q3 | rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
1800000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
8000000.0 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
0 | usd |
CY2022Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
29900000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1239200000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1290100000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
122200000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1600000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
123800000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
15600000 | usd | |
rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-17700000 | usd | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
3713200000 | usd | |
rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
2300000 | usd | |
rba |
Adjustments To Additional Paid In Capital Replacement Of Share Based Awards In Business Combinations
AdjustmentsToAdditionalPaidInCapitalReplacementOfShareBasedAwardsInBusinessCombinations
|
13100000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
28500000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
0 | usd | |
us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
1800000 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15000000.0 | usd | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
5400000 | usd | |
rba |
Temporary Equity Percentage Of Cumulative Dividends
TemporaryEquityPercentageOfCumulativeDividends
|
0.055 | ||
rba |
Temporary Equity Cumulative Dividends
TemporaryEquityCumulativeDividends
|
17600000 | usd | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
248700000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4914100000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1071000000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
274400000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-54400000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
220000000.0 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
5800000 | usd | |
rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-3700000 | usd | |
rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
6000000.0 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
25300000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
0 | usd | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
85300000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1239200000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
121800000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
274400000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
246900000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
72800000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
39900000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
31400000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-31400000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
7900000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-5400000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
5300000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
4400000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
170500000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3300000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-4800000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
7100000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3100000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
72900000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
13900000 | usd | |
rba |
Change In Fair Value Of Derivatives
ChangeInFairValueOfDerivatives
|
0 | usd | |
rba |
Change In Fair Value Of Derivatives
ChangeInFairValueOfDerivatives
|
-1200000 | usd | |
us-gaap |
Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
|
1400000 | usd | |
us-gaap |
Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
|
0 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
7000000.0 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
2800000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
260400000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-29800000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
206700000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
263900000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
153600000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
26300000 | usd | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
31600000 | usd | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
165200000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
83300000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
28200000 | usd | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
18800000 | usd | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
7000000.0 | usd | |
us-gaap |
Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
|
2300000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
|
4700000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
600000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3002300000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
108300000 | usd | |
rba |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock And Common Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockAndCommonStock
|
496900000 | usd | |
rba |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock And Common Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockAndCommonStock
|
0 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
248700000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
85300000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
21900000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
15500000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
5800000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
14600000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3900000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-23900000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-4200000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
3175000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
603300000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1094900000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
41700000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
3600000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
8300000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
7900000 | usd | |
rba |
Proceeds Of Equipment Finance Lease Obligations
ProceedsOfEquipmentFinanceLeaseObligations
|
11100000 | usd | |
rba |
Proceeds Of Equipment Finance Lease Obligations
ProceedsOfEquipmentFinanceLeaseObligations
|
0 | usd | |
rba |
Repayment Of Equipment Finance Lease Obligations
RepaymentOfEquipmentFinanceLeaseObligations
|
5300000 | usd | |
rba |
Repayment Of Equipment Finance Lease Obligations
RepaymentOfEquipmentFinanceLeaseObligations
|
0 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
2000000.0 | usd | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2728800000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1194000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
100000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-25600000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-66700000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-847400000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
625900000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1362500000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
559200000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
515100000 | usd |
CY2023Q1 | rba |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Amortization
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAmortization
|
-600000 | usd |
CY2023Q2 | rba |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Amortization
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAmortization
|
-5200000 | usd |
CY2023Q3 | rba |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Goodwill
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentGoodwill
|
185700000 | usd |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110838237 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
161724677 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110750021 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
183601601 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
112209535 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
162916593 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-top:12pt;padding-left:27pt;text-indent:-27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. General Information</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div> | ||
CY2022Q3 | rba |
Reclassification From Foreign Exchange Gain Loss
ReclassificationFromForeignExchangeGainLoss
|
400000 | usd |
rba |
Reclassification From Foreign Exchange Gain Loss
ReclassificationFromForeignExchangeGainLoss
|
800000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant items subject to estimates and judgments during the nine months ended September 30, 2023 related to the preliminary purchase price allocations for the acquisition of IAA. </span></div>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 acquisition of IAA, 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, including assumptions as to the occurrence of future events. In addition, the valuation of acquired property, plant, and equipment required significant estimates and assumptions regarding 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. | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1019800000 | usd |
us-gaap |
Revenues
Revenues
|
1289900000 | usd | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1019800000 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
411500000 | usd |
us-gaap |
Revenues
Revenues
|
2638700000 | usd | |
us-gaap |
Revenues
Revenues
|
1289900000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
54700000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
42900000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
99100000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
274400000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
182148717 | shares |
CY2023Q3 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
23100000 | usd |
CY2022Q3 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
2000000.0 | usd |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
195600000 | usd | |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
15100000 | usd | |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
24900000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
7800000 | usd |
us-gaap |
Depreciation
Depreciation
|
61900000 | usd | |
us-gaap |
Depreciation
Depreciation
|
23500000 | usd | |
CY2023Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
76200000 | usd |
CY2022Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
16500000 | usd |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
185000000.0 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
49300000 | usd | |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
101100000 | usd |
CY2022Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24300000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
246900000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
72800000 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23100000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
14700000 | usd |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.27 | |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.26 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
46500000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
72600000 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.28 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
111858095 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.48 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.45 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
224200000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
175700000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
57400000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
18700000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
7100000 | usd | |
rba |
Increase Decrease In Advances Against Auction Contracts
IncreaseDecreaseInAdvancesAgainstAuctionContracts
|
4000000.0 | usd | |
rba |
Increase Decrease In Advances Against Auction Contracts
IncreaseDecreaseInAdvancesAgainstAuctionContracts
|
2600000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
700000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-19300000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
38100000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-12500000 | usd | |
rba |
Increase Decrease In Auction Proceeds Payable
IncreaseDecreaseInAuctionProceedsPayable
|
152900000 | usd | |
rba |
Increase Decrease In Auction Proceeds Payable
IncreaseDecreaseInAuctionProceedsPayable
|
159300000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
60800000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-5100000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-40900000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
32500000 | usd | |
rba |
Increase Decrease In Operating Lease Obligation
IncreaseDecreaseInOperatingLeaseObligation
|
-89400000 | usd | |
rba |
Increase Decrease In Operating Lease Obligation
IncreaseDecreaseInOperatingLeaseObligation
|
-9800000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-700000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
6500000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
260400000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-29800000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
126800000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
36000000.0 | usd | |
us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
15800000 | usd | |
us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
3200000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
155600000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
19200000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
10200000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
7500000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
147900000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
19900000 | usd | |
CY2023Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
913600000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
186500000 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4900000 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
908700000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
183200000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
3300000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3700000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
2100000 | usd | |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4900000 | usd |
CY2023Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
39600000 | usd |
CY2022Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
23400000 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
122800000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
54300000 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
238200000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
119300000 | usd |
CY2023Q3 | rba |
Finance Lease Liability And Equipment Financing Obligations Current
FinanceLeaseLiabilityAndEquipmentFinancingObligationsCurrent
|
19900000 | usd |
CY2022Q4 | rba |
Finance Lease Liability And Equipment Financing Obligations Current
FinanceLeaseLiabilityAndEquipmentFinancingObligationsCurrent
|
9300000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
24100000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
10500000 | usd |
CY2023Q3 | rba |
Accrued Social Security And Sales Tax Payable Current
AccruedSocialSecurityAndSalesTaxPayableCurrent
|
51000000.0 | usd |
CY2022Q4 | rba |
Accrued Social Security And Sales Tax Payable Current
AccruedSocialSecurityAndSalesTaxPayableCurrent
|
38700000 | usd |
CY2023Q3 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
19100000 | usd |
CY2022Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
14500000 | usd |
CY2023Q3 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Current
SharesSubjectToMandatoryRedemptionSettlementTermsAmountCurrent
|
8300000 | usd |
CY2022Q4 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Current
SharesSubjectToMandatoryRedemptionSettlementTermsAmountCurrent
|
6300000 | usd |
CY2023Q3 | rba |
Book Overdrafts
BookOverdrafts
|
75500000 | usd |
CY2022Q4 | rba |
Book Overdrafts
BookOverdrafts
|
0 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
20100000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
5800000 | usd |
CY2023Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
200000 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
579200000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
258700000 | usd |
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
4700000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
29100000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3122200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
581500000 | usd |
CY2023Q3 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
3126900000 | usd |
CY2022Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
610600000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
41200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4400000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3081000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
577100000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3122200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
581500000 | usd |
CY2023Q1 | rba |
Debt Issuance Costs Capitalized
DebtIssuanceCostsCapitalized
|
20500000 | usd |
CY2023Q1 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
600000 | usd |
CY2023Q3 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
4300000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
128206 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
70.19 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
13908 | shares | |
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 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
114298 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
70.08 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
253636 | shares |
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
|
32452 | shares | |
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 | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
221184 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
70.31 | |
CY2023Q3 | us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-4900000 | usd |
us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-4300000 | usd | |
CY2022Q3 | us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-10200000 | usd |
us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-19600000 | usd | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
14900000 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10700000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
41800000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
33900000 | usd | |
CY2023Q3 | rba |
Share Based Compensation Arrangement By Share Based Payment Award Maximum Contribution
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumContribution
|
25000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
59900000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
6100000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
132100000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
17100000 | usd | |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
2600000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
2500000 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
8500000 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
7700000 | usd | |
CY2023Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
300000 | usd |
CY2022Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
200000 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
900000 | usd | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
500000 | usd | |
CY2023Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
4700000 | usd |
CY2022Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
2800000 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
12400000 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
9200000 | usd | |
CY2023Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd |
CY2022Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
100000 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd | |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
67500000 | usd |
CY2022Q3 | us-gaap |
Lease Cost
LeaseCost
|
11600000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
153800000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
34500000 | usd | |
CY2023Q3 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
5500000 | usd |
CY2023Q3 | rba |
Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
|
85200000 | usd |
CY2023Q3 | rba |
Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
|
0.93 | |
CY2022Q4 | rba |
Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
|
31000000 | usd |
CY2022Q4 | rba |
Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
|
0.62 | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false |