2024 Q3 Form 10-Q Financial Statement
#000162828024034972 Filed on August 06, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
Revenue | $981.8M | $1.096B | $1.107B |
YoY Change | -3.73% | -0.94% | 128.36% |
Cost Of Revenue | $571.5M | $579.2M | |
YoY Change | -1.33% | 161.83% | |
Gross Profit | $524.6M | $527.3M | |
YoY Change | -0.51% | 100.24% | |
Gross Profit Margin | 47.86% | 47.65% | |
Selling, General & Admin | $177.8M | $208.6M | $194.5M |
YoY Change | -12.63% | 7.25% | 34.81% |
% of Gross Profit | 39.76% | 36.89% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $111.9M | $110.3M | $109.6M |
YoY Change | 10.68% | 0.64% | 351.07% |
% of Gross Profit | 21.03% | 20.79% | |
Operating Expenses | $177.8M | $208.6M | $304.1M |
YoY Change | -12.63% | -31.4% | 110.78% |
Operating Profit | $153.4M | $201.9M | $223.2M |
YoY Change | 5.21% | -9.54% | 142.96% |
Interest Expense | $59.90M | -$60.40M | |
YoY Change | -199.17% | -427.14% | |
% of Operating Profit | 29.67% | -27.06% | |
Other Income/Expense, Net | -$1.200M | -$200.0K | $200.0K |
YoY Change | -400.0% | -200.0% | -87.8% |
Pretax Income | $102.2M | $147.6M | $119.4M |
YoY Change | 18.42% | 23.62% | 59.11% |
Income Tax | $26.20M | $36.60M | $32.60M |
% Of Pretax Income | 25.64% | 24.8% | 27.3% |
Net Earnings | $76.10M | $111.1M | $77.40M |
YoY Change | 20.03% | 43.54% | 45.04% |
Net Earnings / Revenue | 7.75% | 10.14% | 7.0% |
Basic Earnings Per Share | $0.36 | $0.55 | $0.43 |
Diluted Earnings Per Share | $0.36 | $0.54 | $0.42 |
COMMON SHARES | |||
Basic Shares Outstanding | 184.3M shares | 183.7M shares | 181.8M |
Diluted Shares Outstanding | 185.5M shares | 184.9M shares | 182.8M |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $599.5M | $432.9M | |
YoY Change | 38.48% | 17.86% | |
Cash & Equivalents | $650.7M | $599.5M | $432.9M |
Short-Term Investments | |||
Other Short-Term Assets | $82.40M | $82.90M | $280.7M |
YoY Change | -1.08% | -70.47% | 675.16% |
Inventory | $163.9M | $145.9M | $179.9M |
Prepaid Expenses | $60.70M | $57.20M | $56.00M |
Receivables | $736.3M | $911.8M | $894.7M |
Other Receivables | $22.20M | $44.10M | |
Total Short-Term Assets | $1.859B | $1.966B | $1.832B |
YoY Change | 1.32% | 7.28% | 83.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.260B | $1.231B | $1.138B |
YoY Change | 9.48% | 8.17% | 157.01% |
Goodwill | $4.537B | $4.526B | $4.705B |
YoY Change | 0.64% | -3.8% | 397.4% |
Intangibles | $2.737B | $2.792B | $2.735B |
YoY Change | -7.33% | 2.08% | 722.15% |
Long-Term Investments | $8.300M | ||
YoY Change | |||
Other Assets | $96.70M | $92.60M | $1.464B |
YoY Change | 6.03% | -93.67% | 769.39% |
Total Long-Term Assets | $10.07B | $10.11B | $10.08B |
YoY Change | -1.03% | 0.34% | 431.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.859B | $1.966B | $1.832B |
Total Long-Term Assets | $10.07B | $10.11B | $10.08B |
Total Assets | $11.93B | $12.08B | $11.91B |
YoY Change | -0.67% | 1.41% | 311.59% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $154.5M | $136.8M | |
YoY Change | 12.94% | -46.25% | |
Accrued Expenses | $209.7M | $238.3M | $334.9M |
YoY Change | -11.96% | -28.84% | |
Deferred Revenue | $41.20M | $33.50M | |
YoY Change | 70.95% | ||
Short-Term Debt | $31.40M | $29.90M | $17.20M |
YoY Change | 568.09% | 73.84% | 99.14% |
Long-Term Debt Due | $4.400M | $4.300M | $18.60M |
YoY Change | -89.32% | -76.88% | 302.86% |
Total Short-Term Liabilities | $1.449B | $1.518B | $1.384B |
YoY Change | 3.29% | 9.7% | 74.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.725B | $2.823B | $3.132B |
YoY Change | -11.56% | -9.88% | 389.58% |
Other Long-Term Liabilities | $90.60M | $87.60M | $1.314B |
YoY Change | 27.97% | -93.33% | 742.79% |
Total Long-Term Liabilities | $2.816B | $2.910B | $4.446B |
YoY Change | -10.67% | -34.54% | 458.79% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.449B | $1.518B | $1.384B |
Total Long-Term Liabilities | $2.816B | $2.910B | $4.446B |
Total Liabilities | $6.230B | $6.431B | $6.510B |
YoY Change | -5.72% | -1.21% | 294.55% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.034B | $1.020B | $887.1M |
YoY Change | 15.9% | 15.0% | -12.63% |
Common Stock | $4.226B | $4.215B | $4.085B |
YoY Change | 3.0% | 3.18% | 1225.12% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.209B | $5.155B | $5.402B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.93B | $12.08B | $11.91B |
YoY Change | -0.67% | 1.41% | 311.59% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $76.10M | $111.1M | $77.40M |
YoY Change | 20.03% | 43.54% | 45.04% |
Depreciation, Depletion And Amortization | $111.9M | $110.3M | $109.6M |
YoY Change | 10.68% | 0.64% | 351.07% |
Cash From Operating Activities | $337.3M | $107.2M | |
YoY Change | 214.65% | 731.52% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $56.50M | $96.70M | |
YoY Change | -41.57% | -1022.01% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $2.300M | $27.20M | |
YoY Change | -91.54% | -750.87% | |
Cash From Investing Activities | -$54.20M | -$69.50M | |
YoY Change | -22.01% | 373.85% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -131.5M | -174.3M | |
YoY Change | -24.56% | -82.14% | |
NET CHANGE | |||
Cash From Operating Activities | 337.3M | 107.2M | |
Cash From Investing Activities | -54.20M | -69.50M | |
Cash From Financing Activities | -131.5M | -174.3M | |
Net Change In Cash | 151.6M | -136.6M | |
YoY Change | -210.98% | -86.03% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $337.3M | $107.2M | |
Capital Expenditures | $56.50M | $96.70M | |
Free Cash Flow | $280.8M | $10.50M | |
YoY Change | 2574.29% | -55.09% |
Facts In Submission
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CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5157600000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4863800000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
86900000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17900000 | usd |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
104800000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3200000 | usd |
CY2023Q2 | rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-4800000 | usd |
CY2023Q2 | rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
800000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
11900000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
0 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
49100000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4922100000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5019000000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
218500000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
183000000.0 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
38800000 | usd | |
rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-12200000 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
13100000 | usd | |
rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
-200000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
32000000.0 | 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
|
98900000 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5157600000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1290200000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
58800000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
33000000.0 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
91800000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4000000.0 | usd | |
rba |
Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
TreasuryStockReissuedAtLowerThanRepurchasePriceConversionOfUnits
|
-17200000 | usd | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
3713200000 | usd | |
rba |
Apic Share Based Payment Arrangement Increase For Continuing Employment Costs
ApicShareBasedPaymentArrangementIncreaseForContinuingEmploymentCosts
|
1600000 | 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
|
22600000 | 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 Common Stock Cash
DividendsCommonStockCash
|
199500000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4922100000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
218400000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
218000000.0 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
35100000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-31000000.0 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-400000 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
2700000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4900000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
|
0 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
6700000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
75800000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
9600000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
73100000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
462100000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
73900000 | usd | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
1000000.0 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
56200000 | usd | |
us-gaap |
Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
|
4000000.0 | usd | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
5500000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1100000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-131700000 | usd | |
rba |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock And Common Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStockAndCommonStock
|
0 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
98900000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
17000000.0 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
51900000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
11200000 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
16200000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
252200000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
12900000 | usd | |
rba |
Proceeds Of Equipment Finance Lease Obligations
ProceedsOfEquipmentFinanceLeaseObligations
|
1700000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-322400000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2784200000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-10300000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5800000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2300000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-52600000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
747900000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
625900000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
745600000 | usd |
rba |
Number Of Sites
NumberOfSites
|
13 | site | |
rba |
Number Of Countries
NumberOfCountries
|
170 | country | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
1096100000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
1106500000 | usd |
us-gaap |
Revenues
Revenues
|
2160800000 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
1096100000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
1106500000 | usd |
us-gaap |
Revenues
Revenues
|
2160800000 | usd | |
CY2024Q2 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
4100000 | usd |
CY2023Q2 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
46300000 | usd |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
16900000 | usd | |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
25300000 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
25500000 | usd |
us-gaap |
Depreciation
Depreciation
|
50200000 | usd | |
CY2024Q2 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
85000000.0 | usd |
CY2023Q2 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
84100000 | usd |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
167800000 | usd | |
CY2024Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
110300000 | usd |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
109600000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
218000000.0 | usd | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.248 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.240 | ||
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
100700000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
77400000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
197800000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
183887145 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
181860026 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
183473233 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
184912584 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
182810399 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
184746818 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.08 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.54 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.07 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
192100000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
204700000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-9500000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
47100000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9900000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
19100000 | usd | |
rba |
Increase Decrease In Advances Against Auction Contracts
IncreaseDecreaseInAdvancesAgainstAuctionContracts
|
-12600000 | usd | |
rba |
Increase Decrease In Advances Against Auction Contracts
IncreaseDecreaseInAdvancesAgainstAuctionContracts
|
4600000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6000000.0 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-100000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
12400000 | usd | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
39400000 | usd | |
rba |
Increase Decrease In Auction Proceeds Payable
IncreaseDecreaseInAuctionProceedsPayable
|
154800000 | usd | |
rba |
Increase Decrease In Auction Proceeds Payable
IncreaseDecreaseInAuctionProceedsPayable
|
118200000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
20000000.0 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
79600000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
100000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-40900000 | usd | |
rba |
Increase Decrease In Operating Lease Obligation
IncreaseDecreaseInOperatingLeaseObligation
|
-60700000 | usd | |
rba |
Increase Decrease In Operating Lease Obligation
IncreaseDecreaseInOperatingLeaseObligation
|
-43800000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-8800000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-7600000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
73100000 | usd | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
209300000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
120400000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
61700000 | usd | |
us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
13400000 | usd | |
us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
11300000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
113100000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
122500000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
15700000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
7900000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
66300000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
52200000 | usd | |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
5200000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
920500000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
737900000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
8700000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6400000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
911800000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
731500000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6400000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4900000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
2600000 | usd | |
CY2024Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
39500000 | usd |
CY2023Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
37700000 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
238300000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
294500000 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
154500000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
138900000 | usd |
CY2024Q2 | rba |
Book Overdrafts
BookOverdrafts
|
179000000.0 | usd |
CY2023Q4 | rba |
Book Overdrafts
BookOverdrafts
|
129100000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
33500000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
17500000 | usd |
CY2024Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
62100000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
63700000 | usd |
CY2024Q2 | rba |
Finance Lease Liability And Equipment Financing Obligations Current
FinanceLeaseLiabilityAndEquipmentFinancingObligationsCurrent
|
24200000 | usd |
CY2023Q4 | rba |
Finance Lease Liability And Equipment Financing Obligations Current
FinanceLeaseLiabilityAndEquipmentFinancingObligationsCurrent
|
24400000 | usd |
CY2024Q2 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Current
SharesSubjectToMandatoryRedemptionSettlementTermsAmountCurrent
|
9500000 | usd |
CY2023Q4 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Current
SharesSubjectToMandatoryRedemptionSettlementTermsAmountCurrent
|
7600000 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
8000000.0 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
10100000 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
709100000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
685800000 | usd |
CY2024Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
29900000 | usd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
13700000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
2826900000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
3075800000 | usd |
CY2024Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
2856800000 | usd |
CY2023Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
3089500000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4300000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
14200000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2822600000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3061600000 | usd |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.27 | |
CY2024Q1 | us-gaap |
Dividends
Dividends
|
49300000 | usd |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.27 | |
CY2023Q2 | us-gaap |
Dividends
Dividends
|
49100000 | usd |
CY2024Q2 | us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-1800000 | usd |
CY2023Q2 | us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-700000 | usd |
us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
-6100000 | usd | |
us-gaap |
Adjustment For Long Term Intercompany Transactions Net Of Tax
AdjustmentForLongTermIntercompanyTransactionsNetOfTax
|
600000 | usd | |
CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
20000000.0 | usd |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
14100000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
35100000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
26800000 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
61100000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
59100000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
121900000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
72200000 | usd | |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
3000000.0 | usd |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
600000 | usd |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
5700000 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
5900000 | usd | |
CY2024Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
500000 | usd |
CY2023Q2 | 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
|
600000 | usd | |
CY2024Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
4600000 | usd |
CY2023Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
4200000 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
10000000.0 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
7700000 | usd | |
CY2024Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
200000 | usd |
CY2023Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
400000 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
100000 | usd | |
CY2024Q2 | us-gaap |
Lease Cost
LeaseCost
|
69000000.0 | usd |
CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
64100000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
138100000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
86300000 | usd | |
CY2024Q2 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
1900000 | usd |
us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
3200000 | usd | |
CY2024Q2 | rba |
Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
|
43100000 | usd |
CY2024Q2 | rba |
Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
|
0.91 | |
CY2023Q4 | rba |
Guarantor Obligations Proceeds On Auction Sale
GuarantorObligationsProceedsOnAuctionSale
|
67500000 | usd |
CY2023Q4 | rba |
Guarantor Obligations Proceeds On Auction Sale Proceeds Percentage
GuarantorObligationsProceedsOnAuctionSaleProceedsPercentage
|
0.70 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
400800000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
36600000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
69100000 | usd | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |