2023 Q2 Form 10-K Financial Statement

#000121390023041600 Filed on May 19, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $394.4M $1.469B
YoY Change 9.9% 55.82%
Cost Of Revenue $228.0M $864.5M
YoY Change 2.98% 47.56%
Gross Profit $166.5M $604.8M
YoY Change 21.1% 69.38%
Gross Profit Margin 42.22% 41.16%
Selling, General & Admin $60.40M $229.7M
YoY Change 7.05% 44.38%
% of Gross Profit 36.28% 37.98%
Research & Development $31.80M
YoY Change 15.22%
% of Gross Profit 5.26%
Depreciation & Amortization $29.60M $115.4M
YoY Change 5.05% 76.1%
% of Gross Profit 17.78% 19.08%
Operating Expenses $77.50M $229.7M
YoY Change 4.4% 17.8%
Operating Profit $89.00M $293.0M
YoY Change 40.7% 80.78%
Interest Expense -$21.70M $76.70M
YoY Change 59.88% -284.77%
% of Operating Profit -24.38% 26.18%
Other Income/Expense, Net -$4.100M $4.300M -$6.600M
YoY Change 2002.56% -408.24% 691.37%
Pretax Income $60.30M $209.7M
YoY Change 36.8% 139.06%
Income Tax $11.10M $43.00M
% Of Pretax Income 18.41% 20.51%
Net Earnings $43.50M $166.7M
YoY Change 35.09% 156.21%
Net Earnings / Revenue 11.03% 11.35%
Basic Earnings Per Share $5.00
Diluted Earnings Per Share $1.49 $4.94
COMMON SHARES
Basic Shares Outstanding 29.03M shares 29.02M shares 28.76M shares
Diluted Shares Outstanding 29.07M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.40M $65.40M
YoY Change -64.24% -64.24%
Cash & Equivalents $65.40M $65.40M $65.40M
Short-Term Investments
Other Short-Term Assets $16.60M $16.60M
YoY Change 39.9% 39.9%
Inventory $587.2M $587.2M
Prepaid Expenses
Receivables $239.6M $244.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $913.3M $913.3M
YoY Change -5.09% -5.09%
LONG-TERM ASSETS
Property, Plant & Equipment $375.3M $416.7M
YoY Change -2.96% -3.38%
Goodwill $1.870B
YoY Change -1.7%
Intangibles $1.453B
YoY Change -3.88%
Long-Term Investments
YoY Change
Other Assets $37.70M $37.70M
YoY Change -1.55% -1.55%
Total Long-Term Assets $3.777B $3.777B
YoY Change -2.73% -2.73%
TOTAL ASSETS
Total Short-Term Assets $913.3M $913.3M
Total Long-Term Assets $3.777B $3.777B
Total Assets $4.690B $4.690B
YoY Change -3.2% -3.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.8M $146.8M
YoY Change -7.44% -7.44%
Accrued Expenses $39.60M $106.6M
YoY Change 12.39% 2.43%
Deferred Revenue $20.60M
YoY Change 5.34%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.500M $6.700M
YoY Change -2.79% 334.22%
Total Short-Term Liabilities $309.3M $309.3M
YoY Change -1.33% -1.33%
LONG-TERM LIABILITIES
Long-Term Debt $1.394B $1.442B
YoY Change -17.39% -14.51%
Other Long-Term Liabilities $122.7M $108.1M
YoY Change 1.9% -31.19%
Total Long-Term Liabilities $1.516B $1.550B
YoY Change -16.1% -15.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $309.3M $309.3M
Total Long-Term Liabilities $1.516B $1.550B
Total Liabilities $2.155B $2.155B
YoY Change -12.87% -12.9%
SHAREHOLDERS EQUITY
Retained Earnings $1.030B
YoY Change 16.22%
Common Stock $300.0K
YoY Change 0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $80.10M
YoY Change 10.71%
Treasury Stock Shares
Shareholders Equity $2.536B $2.536B $2.536B
YoY Change
Total Liabilities & Shareholders Equity $4.690B $4.690B
YoY Change -3.2% -3.2%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income $43.50M $166.7M
YoY Change 35.09% 156.21%
Depreciation, Depletion And Amortization $29.60M $115.4M
YoY Change 5.05% 76.1%
Cash From Operating Activities $71.30M $220.6M
YoY Change 52.13% 22.36%
INVESTING ACTIVITIES
Capital Expenditures $12.40M $42.00M
YoY Change -255.04% -241.13%
Acquisitions -$27.50M
YoY Change -100.95%
Other Investing Activities $0.00 $28.00M
YoY Change -100.99%
Cash From Investing Activities -$12.40M -$14.00M
YoY Change 55.04% -99.51%
FINANCING ACTIVITIES
Cash Dividend Paid $5.700M
YoY Change
Common Stock Issuance & Retirement, Net $7.700M
YoY Change -99.27%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -75.80M -$322.8M
YoY Change -32.22% -111.96%
NET CHANGE
Cash From Operating Activities 71.30M $220.6M
Cash From Investing Activities -12.40M -$14.00M
Cash From Financing Activities -75.80M -$322.8M
Net Change In Cash -16.90M -$117.5M
YoY Change -76.84% -475.74%
FREE CASH FLOW
Cash From Operating Activities $71.30M $220.6M
Capital Expenditures $12.40M $42.00M
Free Cash Flow $58.90M $178.6M
YoY Change 7.35% -14.97%

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OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
9400000 usd
CY2023 roll Net Of Tax Benefit
NetOfTaxBenefit
600000 usd
CY2023 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-2200000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-5500000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2535900000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166700000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
54700000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
90100000 usd
CY2023 us-gaap Depreciation
Depreciation
115400000 usd
CY2022 us-gaap Depreciation
Depreciation
65500000 usd
CY2021 us-gaap Depreciation
Depreciation
32700000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-21400000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
200000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4200000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7200000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
18900000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 usd
CY2023 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
2300000 usd
CY2022 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
2400000 usd
CY2021 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
2500000 usd
CY2023 us-gaap Noncash Contribution Expense
NoncashContributionExpense
7200000 usd
CY2022 us-gaap Noncash Contribution Expense
NoncashContributionExpense
5800000 usd
CY2021 us-gaap Noncash Contribution Expense
NoncashContributionExpense
5400000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1000000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
14000000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
32900000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
18100000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-300000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-300000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1300000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7800000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
53500000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19000000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
71700000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16200000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-900000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5800000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1800000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
400000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
800000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8200000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
16300000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11100000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
52400000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-14800000 usd
CY2023 roll Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
6000000 usd
CY2022 roll Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
22100000 usd
CY2021 roll Increase Decrease In Accrued Expenses And Other Current Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities
2600000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
4500000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
3800000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
6600000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
220600000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
180300000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
152400000 usd
CY2023 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
42000000 usd
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
29800000 usd
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11800000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-27500000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2908200000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-300000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
30000000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
100100000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
120500000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10000000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
500000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
100000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14000000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2847500000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101500000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
605500000 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
445300000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1285800000 usd
CY2022 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
494200000 usd
CY2023 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
100000 usd
CY2022 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
19500000 usd
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3000000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
300000000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
113000000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
4400000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
500000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
500000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
500000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3200000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1600000 usd
CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
22900000 usd
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
7100000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7700000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8600000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6800000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11600000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11300000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-322800000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2698500000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3400000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1300000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
300000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-117500000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31800000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
47800000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
182900000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
151100000 usd
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
103300000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
65400000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
182900000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
151100000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
60400000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
17100000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
16700000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
69900000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
11600000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1100000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segments
CY2023 roll Net Sales
NetSales
0.16 pure
CY2022 roll Net Sales
NetSales
0.11 pure
CY2021 roll Net Sales
NetSales
0.07 pure
CY2023 roll Fiscal Year Description
FiscalYearDescription
The Company has a fiscal year consisting of 52 or 53 weeks, ending on the Saturday closest to March 31. Based on this policy, fiscal year 2023 contained 52 weeks, fiscal year 2022 contained 52 weeks and fiscal year 2021 contained 53 weeks. 
CY2022 roll Fiscal Year Contains
FiscalYearContains
P364D
CY2023 roll Fiscal Year Contains
FiscalYearContains
P364D
CY2021 roll Fiscal Year Contains
FiscalYearContains
P371D
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are used for, but not limited to, the accounting for the allowance for doubtful accounts, valuation of inventories, goodwill and intangible assets, depreciation and amortization, income taxes and tax reserves, purchase price allocation for acquired assets and liabilities, and the valuation of options.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p>
CY2023 roll Percentage On Types Of Contract
PercentageOnTypesOfContract
0.01 pure
CY2022 roll Percentage On Types Of Contract
PercentageOnTypesOfContract
0.01 pure
CY2021 roll Percentage On Types Of Contract
PercentageOnTypesOfContract
0.01 pure
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1185 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
325 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35780 shares
CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
3100000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
4400000 usd
CY2021 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
0 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Accounts Receivable, Net and Concentration of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Accounts receivable include amounts billed and currently due from customers. The amounts due are stated at their estimated net realizable value. The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company uses an expected credit loss model to estimate the credit losses expected over the life of an exposure (or pool of exposures). The estimate of expected credit losses considers historical information, current information and reasonable and supportable forecasts, including estimates of prepayments. Financial instruments with similar risk characteristics are grouped together when estimating expected credit losses. The Company will write off accounts receivable after reasonable collection efforts have been made and the accounts are deemed uncollectible.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company sells to a large number of OEMs and distributors who service the aftermarket. The Company’s credit risk associated with accounts receivable is minimized due to its customer base and wide geographic dispersion. The Company performs ongoing credit evaluations of its customers’ financial condition and generally does not require collateral or charge interest on outstanding amounts. The Company had no concentrations of credit risk with any one customer greater than approximately 15% of accounts receivables at both April 1, 2023 and April 2, 2022.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p>
CY2023 us-gaap Impaired Intangible Asset Description
ImpairedIntangibleAssetDescription
The discount rate utilized for each reporting unit for our fiscal 2023 test was 10.0% and is indicative of the return an investor would expect to receive for investing in such a business. Terminal growth rate determination follows common methodology of capturing the present value of perpetual cash flow estimates beyond the last projected period assuming a constant WACC and long-term growth rates. The terminal growth rate used for our fiscal 2023 test was 2.5%. The Company has determined that, to date, no impairment of goodwill exists and fair value of the reporting units exceeded the carrying value in total by approximately 42.5%. The fair value of the reporting units exceeds the carrying value by a minimum of 13.1% at each of the two reporting units.
CY2023 us-gaap Net Income Loss
NetIncomeLoss
166700000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
54700000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
90100000 usd
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
22900000 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
12000000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
143800000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42700000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90100000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28764092 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26946355 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24851344 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
308337 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
364674 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
298061 shares
CY2023 roll Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
29072429 shares
CY2022 roll Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
27311029 shares
CY2021 roll Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
25149405 shares
CY2023 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
5
CY2022 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
1.58
CY2021 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
3.63
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.94
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.56
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.58
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2000000 usd
CY2023 roll Consolidation And Restructuring Value
ConsolidationAndRestructuringValue
1700000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
900000 usd
CY2022Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
6700000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5800000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
5500000 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-5500000 usd
CY2023 roll Amounts Recorded In Reclassified From Accumulated Other Comprehensive Loss In Derivative Financial Instrument
AmountsRecordedInReclassifiedFromAccumulatedOtherComprehensiveLossInDerivativeFinancialInstrument
2200000 usd
CY2023 roll Amounts Recorded In Reclassified From Accumulated Other Comprehensive Loss
AmountsRecordedInReclassifiedFromAccumulatedOtherComprehensiveLoss
9400000 usd
CY2023 roll Amounts Recorded In Reclassified From Accumulated Other Comprehensive Loss Total
AmountsRecordedInReclassifiedFromAccumulatedOtherComprehensiveLossTotal
7200000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
5500000 usd
CY2023 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2200000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
9400000 usd
CY2023 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
1700000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-4600000 usd
CY2023Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
2200000 usd
CY2023Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
2700000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4100000 usd
CY2023 us-gaap Revenues
Revenues
1469300000 usd
CY2022 us-gaap Revenues
Revenues
942900000 usd
CY2021 us-gaap Revenues
Revenues
609000000 usd
CY2023 us-gaap Revenues
Revenues
1469300000 usd
CY2022 us-gaap Revenues
Revenues
942900000 usd
CY2021 us-gaap Revenues
Revenues
609000000 usd
CY2023 roll Revenue Performance Obligation Percentage
RevenuePerformanceObligationPercentage
1 pure
CY2022 roll Revenue Performance Obligation Percentage
RevenuePerformanceObligationPercentage
1 pure
CY2021 roll Revenue Performance Obligation Percentage
RevenuePerformanceObligationPercentage
1 pure
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
391500000 usd
CY2022 roll Financing Receivable Allowance For Credit Losses Additions
FinancingReceivableAllowanceForCreditLossesAdditions
1400000 usd
CY2023 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Explanation
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionExplanation
The Company expects to recognize revenue on approximately 65% and 90% of the remaining performance obligations over the next 12 and 24 months, respectively, with the remainder recognized thereafter.
CY2023Q2 us-gaap Commodity Contract Asset Current
CommodityContractAssetCurrent
4500000 usd
CY2022Q2 us-gaap Commodity Contract Asset Current
CommodityContractAssetCurrent
3900000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
20600000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
19600000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13100000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13600000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19800000 usd
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
10400000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39600000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
35200000 usd
CY2023Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
450000000 usd
CY2022Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
463800000 usd
CY2023Q2 roll Debt Non Current
DebtNonCurrent
493300000 usd
CY2022Q2 roll Debt Non Current
DebtNonCurrent
492400000 usd
CY2022Q2 roll Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
2700000 usd
CY2023 roll Financing Receivable Allowance For Credit Losses Additions
FinancingReceivableAllowanceForCreditLossesAdditions
800000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
200000 usd
CY2023Q2 roll Allowance For Doubtful Accounts Balance At End Of Year
AllowanceForDoubtfulAccountsBalanceAtEndOfYear
3700000 usd
CY2021Q2 roll Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
1800000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
400000 usd
CY2022Q2 roll Allowance For Doubtful Accounts Balance At End Of Year
AllowanceForDoubtfulAccountsBalanceAtEndOfYear
2700000 usd
CY2020Q1 roll Allowance For Doubtful Accounts Balance At Beginning Of Year
AllowanceForDoubtfulAccountsBalanceAtBeginningOfYear
1600000 usd
CY2021 roll Financing Receivable Allowance For Credit Losses Additions
FinancingReceivableAllowanceForCreditLossesAdditions
500000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
200000 usd
CY2021Q2 roll Allowance For Doubtful Accounts Balance At End Of Year
AllowanceForDoubtfulAccountsBalanceAtEndOfYear
1800000 usd
CY2023Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
132400000 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
112600000 usd
CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
132500000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
123000000 usd
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
322300000 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
280500000 usd
CY2023Q2 us-gaap Inventory Gross
InventoryGross
587200000 usd
CY2022Q2 us-gaap Inventory Gross
InventoryGross
516100000 usd
CY2023Q2 us-gaap Land
Land
25200000 usd
CY2022Q2 us-gaap Land
Land
24200000 usd
CY2023Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
174300000 usd
CY2022Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
170100000 usd
CY2023Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
472800000 usd
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
444700000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
672300000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
639000000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
297000000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
252300000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
375300000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
386700000 usd
CY2023 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
46200000 usd
CY2022 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
30800000 usd
CY2021 us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
22500000 usd
CY2023Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
51500000 usd
CY2023Q2 roll Finance Leases Included In Machinery And Equipment
financeLeasesIncludedInMachineryAndEquipment
6500000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
50400000 usd
CY2022Q2 roll Finance Leases Included In Machinery And Equipment
financeLeasesIncludedInMachineryAndEquipment
1200000 usd
CY2023Q2 roll Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
5800000 usd
CY2022Q2 roll Finance Leases Accumulated Amortization
FinanceLeasesAccumulatedAmortization
1300000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4500000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1300000 usd
CY2023Q2 roll Operating Lease Assets Net
OperatingLeaseAssetsNet
41400000 usd
CY2022Q2 roll Operating Lease Assets Net
OperatingLeaseAssetsNet
44500000 usd
CY2023Q2 roll Finance Lease Right Of Use Assets Net
FinanceLeaseRightOfUseAssetsNet
52200000 usd
CY2022Q2 roll Finance Lease Right Of Use Assets Net
FinanceLeaseRightOfUseAssetsNet
51600000 usd
CY2023Q2 roll Operating And Financing Total Leased Assets Net
OperatingAndFinancingTotalLeasedAssetsNet
93600000 usd
CY2022Q2 roll Operating And Financing Total Leased Assets Net
OperatingAndFinancingTotalLeasedAssetsNet
96100000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7600000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8100000 usd
CY2023Q2 roll Finance Leases Liability Current
FinanceLeasesLiabilityCurrent
5200000 usd
CY2022Q2 roll Finance Leases Liability Current
FinanceLeasesLiabilityCurrent
3900000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33900000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
36700000 usd
CY2023Q2 roll Finance Leases Liability Noncurrent
FinanceLeasesLiabilityNoncurrent
48500000 usd
CY2022Q2 roll Finance Leases Liability Noncurrent
FinanceLeasesLiabilityNoncurrent
48000000 usd
CY2023Q2 roll Total Lease Liabilities
TotalLeaseLiabilities
95200000 usd
CY2022Q2 roll Total Lease Liabilities
TotalLeaseLiabilities
96700000 usd
CY2023 roll Cash Paid Included In The Measurement Of Operating Lease Liabilities
CashPaidIncludedInTheMeasurementOfOperatingLeaseLiabilities
8500000 usd
CY2022 roll Cash Paid Included In The Measurement Of Operating Lease Liabilities
CashPaidIncludedInTheMeasurementOfOperatingLeaseLiabilities
7800000 usd
CY2021Q4 roll Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Accrued Rebates
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsAccruedRebates
-30200000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2000000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11600000 usd
CY2022 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
11600000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9800000 usd
CY2023Q2 roll New Operating Lease Liability
NewOperatingLeaseLiability
3100000 usd
CY2022Q2 roll New Operating Lease Liability
NewOperatingLeaseLiability
3300000 usd
CY2023 roll Cash Paid Included In The Measurement Of Finance Lease Liabilities
CashPaidIncludedInTheMeasurementOfFinanceLeaseLiabilities
5000000 usd
CY2022 roll Cash Paid Included In The Measurement Of Finance Lease Liabilities
CashPaidIncludedInTheMeasurementOfFinanceLeaseLiabilities
1600000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1600000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1800000 usd
CY2023 roll Finance Lease Assets Obtained In Exchange For New Finance Lease Liabilities
FinanceLeaseAssetsObtainedInExchangeForNewFinanceLeaseLiabilities
4000000 usd
CY2022 roll Finance Lease Assets Obtained In Exchange For New Finance Lease Liabilities
FinanceLeaseAssetsObtainedInExchangeForNewFinanceLeaseLiabilities
52900000 usd
CY2021Q4 us-gaap Lessee Finance Lease Restriction Or Covenant
LesseeFinanceLeaseRestrictionOrCovenant
$52.9
CY2021Q4 roll Finance Lease Assets Obtained In Exchange For Operating Lease Liabilities
FinanceLeaseAssetsObtainedInExchangeForOperatingLeaseLiabilities
39000000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
9900000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
8300000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
7600000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
6400000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
4500000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1900000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
2000000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
1300000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7200000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5700000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5000000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5100000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3600000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25600000 usd
CY2023Q2 roll Total Future Undiscounted Lease Payments
TotalFutureUndiscountedLeasePayments
52200000 usd
CY2023Q2 roll Operating Less Imputed Interest
OperatingLessImputedInterest
10700000 usd
CY2023Q2 roll Total Operating Lease Liabilities
TotalOperatingLeaseLiabilities
41500000 usd
CY2021Q4 roll Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Accrued Expenses And Other Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsAccruedExpensesAndOtherCurrentLiabilities
-44800000 usd
CY2021Q4 roll Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilitie Current
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilitieCurrent
-298600000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
57000000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
2962700000 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
81900000 usd
CY2021Q4 roll Net Consideration
NetConsideration
2880800000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
5100000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
5200000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
5100000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
4500000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
4000000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
45500000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
69400000 usd
CY2023Q2 roll Financing Less Imputed Interest
FinancingLessImputedInterest
15700000 usd
CY2023Q2 roll Finance Leases Liabilities
FinanceLeasesLiabilities
53700000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y10M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044 pure
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y3M18D
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.034 pure
CY2021Q4 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
2908200000 usd
CY2021Q4 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
1285800000 usd
CY2021Q4 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1050800000 usd
CY2021Q4 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
494200000 usd
CY2021Q4 us-gaap Cash Including Discontinued Operations
CashIncludingDiscontinuedOperations
77400000 usd
CY2021Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
28700000 usd
CY2021Q4 roll Purchase Of Capital Stock Percentage
PurchaseOfCapitalStockPercentage
1 pure
CY2022 roll Acquisition Costs Incurred
AcquisitionCostsIncurred
22600000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
81900000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
83500000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
136100000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
1300000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
165100000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
9800000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
1596100000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
1385100000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
3700000 usd
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
69300000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1589900000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
161300000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1585000000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
97800000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
24300000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
45000000 usd
CY2023Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
1385100000 usd
CY2023 roll Dodge Revenue For Period
DodgeRevenueForPeriod
743100000 usd
CY2023 roll Dodge Operating Income For Period
DodgeOperatingIncomeForPeriod
148100000 usd
CY2022 roll Dodge Revenue For Period
DodgeRevenueForPeriod
291900000 usd
CY2022 roll Dodge Operating Income For Period
DodgeOperatingIncomeForPeriod
29300000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1327600000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1182000000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
113100000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
99900000 usd
CY2023 roll Costs Associated With The Temporary Service Agreement With Abb
CostsAssociatedWithTheTemporaryServiceAgreementWithABB
8800000 usd
CY2023 roll Tsa Costs Since Dodge Acquisition
TSACostsSinceDodgeAcquisition
16800000 usd
CY2021Q2 us-gaap Goodwill Gross
GoodwillGross
277500000 usd
CY2022 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
-1624800000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-200000 usd
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
1902100000 usd
CY2023 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
28700000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3600000 usd
CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
1869800000 usd
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
24300000 usd
roll Finite Lived Intangible Asset Useful Life Total
FiniteLivedIntangibleAssetUsefulLifeTotal
P24Y
CY2023Q2 roll Total Finite Lived Intangible Assets Gross
TotalFiniteLivedIntangibleAssetsGross
1614200000 usd
CY2023Q2 roll Finite Lived Intangible Assets Accumulated Amortization Net
FiniteLivedIntangibleAssetsAccumulatedAmortizationNet
161300000 usd
CY2022Q2 roll Total Finite Lived Intangible Assets Gross
TotalFiniteLivedIntangibleAssetsGross
1609300000 usd
CY2022Q2 roll Finite Lived Intangible Assets Accumulated Amortization Net
FiniteLivedIntangibleAssetsAccumulatedAmortizationNet
97800000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
69100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
34700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10200000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
70000000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
70000000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
68000000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
66100000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
63600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1090900000 usd
CY2023Q2 roll Employee Compensation And Related Benefits
EmployeeCompensationAndRelatedBenefits
34700000 usd
CY2022Q2 roll Employee Compensation And Related Benefits
EmployeeCompensationAndRelatedBenefits
34700000 usd
CY2023Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
17500000 usd
CY2022Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
11700000 usd
CY2023Q2 roll Contracts Liabilities
ContractsLiabilities
20600000 usd
CY2022Q2 roll Contracts Liabilities
ContractsLiabilities
19600000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39600000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
35200000 usd
CY2023Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
800000 usd
CY2022Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1100000 usd
CY2023Q2 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
600000 usd
CY2022Q2 us-gaap Asset Acquisition Contingent Consideration Liability
AssetAcquisitionContingentConsiderationLiability
4600000 usd
CY2023 roll Current Finance Lease Liabilitie
CurrentFinanceLeaseLiabilitie
5200000 usd
CY2022 roll Current Finance Lease Liabilitie
CurrentFinanceLeaseLiabilitie
3900000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4900000 usd
CY2022Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4900000 usd
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
10600000 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
11000000 usd
CY2023Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
300000 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
600000 usd
CY2023 us-gaap Legal Fees
LegalFees
1600000 usd
CY2022 us-gaap Legal Fees
LegalFees
500000 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
7500000 usd
CY2022Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
7700000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9500000 usd
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9800000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
153400000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
145300000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
900000 usd
CY2023 roll Commitment Fee Rate
CommitmentFeeRate
0.002 pure
CY2023 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0125 pure
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
900000000 usd
CY2023 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
The New Credit Agreement requires the Company to comply with various covenants, including the following financial covenants: (a) a maximum Total Net Leverage Ratio (as defined within the New Credit Agreement) of 5.50:1.00, which maximum Total Net Leverage Ratio shall decrease during certain subsequent test periods as set forth in the New Credit Agreement (provided that, no more than once during the term of the Facilities, such maximum ratio applicable at such time may be increased by the Company by 0.50:1.00 for a period of twelve (12) months after the consummation of a material acquisition), and (b) a minimum Interest Coverage Ratio of 2.00:1.00.
CY2023Q2 roll Outstanding Amounts Still Owed Under The Term Loan Facility
OutstandingAmountsStillOwedUnderTheTermLoanFacility
900000000 usd
CY2023Q2 roll Revolving Credit Facility Borrowing Capacity
RevolvingCreditFacilityBorrowingCapacity
496300000 usd
CY2021Q4 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
500000000 usd
CY2021Q4 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.04375 pure
CY2021Q4 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
492000000 usd
CY2021Q4 roll Debt Instrument Interest Rate
DebtInstrumentInterestRate
0.04375 pure
CY2023 roll Redemption Of Senior Notes Using Proceeds Of Certain Equity Offerings
RedemptionOfSeniorNotesUsingProceedsOfCertainEquityOfferings
0.40 pure
CY2023 roll Redemption Price Of Senior Notes
RedemptionPriceOfSeniorNotes
1.04375 pure
CY2023Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
900000000 usd
CY2022Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
1200000000 usd
CY2023Q2 us-gaap Senior Notes
SeniorNotes
500000000 usd
CY2022Q2 us-gaap Senior Notes
SeniorNotes
500000000 usd
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13700000 usd
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20900000 usd
CY2023Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
8700000 usd
CY2022Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
9200000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1395000000 usd
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1688300000 usd
CY2023Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1500000 usd
CY2022Q2 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1500000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
1393500000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
1686800000 usd
CY2022Q4 us-gaap Derivative Remaining Maturity1
DerivativeRemainingMaturity1
P3Y
CY2022Q4 us-gaap Derivative Fixed Interest Rate
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0.04455 pure
CY2022Q4 roll Specified Time Period
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P3Y
CY2023Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
10000000 usd
CY2022Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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16300000 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
14600000 usd
CY2022Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
18100000 usd
CY2023Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
25700000 usd
CY2022Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
26400000 usd
CY2023Q2 roll Contract Liabilities
ContractLiabilities
19800000 usd
CY2022Q2 roll Contract Liabilities
ContractLiabilities
10400000 usd
CY2023 roll Noncurrent Finance Lease Liabilities
NoncurrentFinanceLeaseLiabilities
48500000 usd
CY2022 roll Noncurrent Finance Lease Liabilities
NoncurrentFinanceLeaseLiabilities
48000000 usd
CY2023Q2 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
4100000 usd
CY2022Q2 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
1200000 usd
CY2023Q2 roll Other Liabilities Noncurrents1
OtherLiabilitiesNoncurrents1
122700000 usd
CY2022Q2 roll Other Liabilities Noncurrents1
OtherLiabilitiesNoncurrents1
120400000 usd
CY2023Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
8700000 usd
CY2022Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
26000000 usd
CY2023Q2 roll Accumulated Benefit Obligation
AccumulatedBenefitObligation
3800000 usd
CY2022Q2 roll Accumulated Benefit Obligation
AccumulatedBenefitObligation
22800000 usd
CY2023Q2 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.047 pure
CY2022Q2 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.033 pure
CY2023Q2 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
4900000 usd
CY2022Q2 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
3200000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
200000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
0 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
500000 usd
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.033 pure
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.027 pure
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.028 pure
CY2023Q1 roll Defined Benefit Plan Plan Asset Increase Decrease For Assets Transferred Tofrom Plan
DefinedBenefitPlanPlanAssetIncreaseDecreaseForAssetsTransferredTofromPlan
15600000 usd
CY2023Q1 roll Defined Benefit Plan Benefit Obligation Increase Decrease For Other Change
DefinedBenefitPlanBenefitObligationIncreaseDecreaseForOtherChange
15600000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4300000 usd
CY2023 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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4300000 usd
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
8600000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4600000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2200000 usd
CY2023Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
6300000 usd
CY2022Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
10000000 usd
CY2023Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
800000 usd
CY2022Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
1200000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
209700000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
78700000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
113200000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23800000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3900000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1900000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2300000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1600000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
53000000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
18300000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15200000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7500000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2600000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1100000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3900000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2900000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2600000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
64400000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23800000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
18900000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-20000000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-500000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2700000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2600000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-300000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1500000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1200000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1000000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2023 roll Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
-21400000 usd
CY2022 roll Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
200000 usd
CY2021 roll Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
4200000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43000000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23100000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
44000000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16500000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1100000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1600000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1600000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
2400000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
1500000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
1300000 usd
CY2023Q2 roll Companyowned Life Insurance
CompanyownedLifeInsurance
300000 usd
CY2022Q2 roll Companyowned Life Insurance
CompanyownedLifeInsurance
0 usd
CY2021Q2 roll Companyowned Life Insurance
CompanyownedLifeInsurance
-1200000 usd
CY2023 roll Foreign Derived Intangible Income Fdii
ForeignDerivedIntangibleIncomeFDII
2700000 usd
CY2022 roll Foreign Derived Intangible Income Fdii
ForeignDerivedIntangibleIncomeFDII
1500000 usd
CY2021 roll Foreign Derived Intangible Income Fdii
ForeignDerivedIntangibleIncomeFDII
1100000 usd
CY2023 roll Us Unrecognized Tax Positions
USUnrecognizedTaxPositions
-1900000 usd
CY2022 roll Us Unrecognized Tax Positions
USUnrecognizedTaxPositions
5400000 usd
CY2021 roll Us Unrecognized Tax Positions
USUnrecognizedTaxPositions
1800000 usd
CY2023 us-gaap Acquisition Costs
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0 usd
CY2022 us-gaap Acquisition Costs
AcquisitionCosts
1700000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2300000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
200000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2300000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
200000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-400000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
43000000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
24000000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
23100000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1800000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
2700000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
10900000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
8200000 usd
CY2023Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
15800000 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
14100000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
7800000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
8800000 usd
CY2023Q2 roll Finance Lease Liabilities
FinanceLeaseLiabilities
0 usd
CY2022Q2 roll Finance Lease Liabilities
FinanceLeaseLiabilities
7700000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3400000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4200000 usd
CY2023Q2 us-gaap Tax Credit Carryforward Amount
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12500000 usd
CY2022Q2 us-gaap Tax Credit Carryforward Amount
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12100000 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
1300000 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
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CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
8900000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
11400000 usd
CY2023Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
13900000 usd
CY2022Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2400000 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
76300000 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
73000000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8500000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8600000 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
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67800000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
64400000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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33500000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
42700000 usd
CY2023Q2 roll Operating Lease Assets
OperatingLeaseAssets
7700000 usd
CY2022Q2 roll Operating Lease Assets
OperatingLeaseAssets
8900000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
-3300000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
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CY2023Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
317400000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
324400000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
361900000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
378900000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
294100000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
314500000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.50 pure
CY2023Q2 us-gaap Tax Credit Carryforward Valuation Allowance
TaxCreditCarryforwardValuationAllowance
200000 usd
CY2022Q2 us-gaap Tax Credit Carryforward Valuation Allowance
TaxCreditCarryforwardValuationAllowance
2400000 usd
CY2023Q2 us-gaap Operating Loss Carryforwards
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7200000 usd
CY2023 roll Expiration Date
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2036
CY2023Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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63100000 usd
CY2022Q2 us-gaap Restructuring Reserve
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22800000 usd
CY2021Q2 us-gaap Restructuring Reserve
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16600000 usd
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
14200000 usd
CY2023 roll Gross Increasesdecreases Tax Positions Taken During A Prior Period
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CY2022 roll Gross Increasesdecreases Tax Positions Taken During A Prior Period
GrossIncreasesdecreasesTaxPositionsTakenDuringAPriorPeriod
400000 usd
CY2021 roll Gross Increasesdecreases Tax Positions Taken During A Prior Period
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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7600000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2500000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1800000 usd
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1400000 usd
CY2023Q2 us-gaap Restructuring Reserve
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13100000 usd
CY2022Q2 us-gaap Restructuring Reserve
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22800000 usd
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
16600000 usd
CY2023 roll Recognized Expenses On Interest And Penalties
RecognizedExpensesOnInterestAndPenalties
100000 usd
CY2022 roll Recognized Expenses On Interest And Penalties
RecognizedExpensesOnInterestAndPenalties
100000 usd
CY2021 roll Recognized Expenses On Interest And Penalties
RecognizedExpensesOnInterestAndPenalties
100000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1500000 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1400000 usd
CY2023 roll Decrease In Federal And State Credits And State Tax
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2100000 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023 roll Share Based Compensation Arrangement By Share Based Payment Award Voting Interest Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardVotingInterestPercentage
0.10 pure
CY2023Q2 roll Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price Minimum Percent
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePriceMinimumPercent
1.10 pure
CY2023 roll Options Must Be Exercised Within Date Of Grant
OptionsMustBeExercisedWithinDateOfGrant
P5Y
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2023 roll Employees Represented By Labor Unions
EmployeesRepresentedByLaborUnions
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CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
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CY2023 roll License Cost
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CY2023 roll Plant Consolidation And Restructuring Costs
PlantConsolidationAndRestructuringCosts
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PlantConsolidationAndRestructuringCosts
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CY2021 roll Plant Consolidation And Restructuring Costs
PlantConsolidationAndRestructuringCosts
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CY2023 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8900000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1200000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
82100000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
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CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
16700000 usd
CY2023 us-gaap Revenues
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CY2022 us-gaap Revenues
Revenues
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CY2021 us-gaap Revenues
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609000000 usd
CY2023 us-gaap Gross Profit
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604800000 usd
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CY2021 us-gaap Gross Profit
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CY2023 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
229700000 usd
CY2022 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
167600000 usd
CY2021 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
102800000 usd
CY2023 us-gaap Other Operating Income
OtherOperatingIncome
293000000 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
121100000 usd
CY2021 us-gaap Other Operating Income
OtherOperatingIncome
114600000 usd
CY2023Q2 us-gaap Other Assets
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4690400000 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
4845400000 usd
CY2021Q2 us-gaap Other Assets
OtherAssets
1434300000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42000000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29800000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11800000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
115400000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65500000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32700000 usd
CY2023 roll Geographic External Sales
GeographicExternalSales
1469300000 usd
CY2022 roll Geographic External Sales
GeographicExternalSales
942900000 usd
CY2021 roll Geographic External Sales
GeographicExternalSales
609000000 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
416700000 usd
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
431200000 usd
CY2021Q2 us-gaap Noncurrent Assets
NoncurrentAssets
243900000 usd
CY2023 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
18.4 usd
CY2022 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
7.2 usd
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
1.8 usd
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
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CY2023 dei Entity Registrant Name
EntityRegistrantName
RBC Bearings INC
CY2023 dei Auditor Firm
AuditorFirmId
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CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2022Q2 us-gaap Commitments And Contingencies
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CY2021 us-gaap Dividends Preferred Stock
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CY2022 us-gaap Fair Value Adjustment Of Warrants
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CY2021 us-gaap Fair Value Adjustment Of Warrants
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023 us-gaap Gains Losses On Extinguishment Of Debt
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CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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CY2021 us-gaap Proceeds From Other Debt
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CY2021 us-gaap Payment Of Financing And Stock Issuance Costs
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CY2023 us-gaap Repayments Of Long Term Lines Of Credit
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CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
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CY2021 us-gaap Finance Lease Principal Payments
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CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2022Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
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CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
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CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2022 roll Allocation In The Third Quarter
AllocationInTheThirdQuarter
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roll Nonamortizable Repair Station Certifications
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CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2021 us-gaap Acquisition Costs
AcquisitionCosts
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CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001324948

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