2021 Q4 Form 10-Q Financial Statement

#000159703321000127 Filed on November 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $500.6M $441.1M $278.4M
YoY Change 59.59% 58.46% -71.72%
Cost Of Revenue $193.4M $171.4M $115.4M
YoY Change 87.81% 48.52% -72.48%
Gross Profit $307.2M $269.7M $162.9M
YoY Change 45.8% 65.5% -71.15%
Gross Profit Margin 61.36% 61.13% 58.53%
Selling, General & Admin $424.5M $157.2M $119.6M
YoY Change 21.7% 31.44% -7.12%
% of Gross Profit 138.18% 58.31% 73.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $57.88M $63.66M $63.73M
YoY Change -31.51% -0.12% -18.35%
% of Gross Profit 18.84% 23.61% 39.11%
Operating Expenses $424.5M $157.2M $119.6M
YoY Change -3.57% 31.44% -7.12%
Operating Profit -$117.3M -$156.7M -$233.0M
YoY Change -48.9% -32.77% -305.4%
Interest Expense -$63.85M $65.46M $64.38M
YoY Change -11.68% 1.69% 61.98%
% of Operating Profit
Other Income/Expense, Net -$4.187M -$84.64M -$93.60M
YoY Change -182.1% -9.57% 131.2%
Pretax Income -$193.9M -$241.3M -$326.6M
YoY Change -34.93% -26.12% -547.62%
Income Tax -$10.10M -$6.613M -$19.87M
% Of Pretax Income
Net Earnings -$186.7M -$235.2M -$307.4M
YoY Change -38.93% -23.48% -581.77%
Net Earnings / Revenue -37.29% -53.33% -110.44%
Basic Earnings Per Share -$0.75 -$1.06
Diluted Earnings Per Share -$577.1K -$0.75 -$1.06
COMMON SHARES
Basic Shares Outstanding 323.4M shares 322.7M shares 292.4M shares
Diluted Shares Outstanding 322.7M shares 292.4M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $978.4M $1.024B $1.668B
YoY Change -34.76% -38.64% 252.43%
Cash & Equivalents $978.4M $1.024B $1.668B
Short-Term Investments
Other Short-Term Assets $164.0M $78.60M $43.90M
YoY Change 23.3% 79.04% 34.25%
Inventory
Prepaid Expenses $71.16M
Receivables $259.9M $329.8M $281.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.402B $1.512B $2.088B
YoY Change -25.73% -27.58% 74.61%
LONG-TERM ASSETS
Property, Plant & Equipment $349.4M $375.3M $488.2M
YoY Change -28.49% -23.12% -25.82%
Goodwill $2.470B $2.624B $2.634B
YoY Change -6.31% -0.36% 3.32%
Intangibles
YoY Change
Long-Term Investments $23.00M $22.70M $23.60M
YoY Change -4.17% -3.82% -15.71%
Other Assets $475.4M $532.9M $613.8M
YoY Change -24.51% -13.18% -12.2%
Total Long-Term Assets $3.889B $3.931B $4.327B
YoY Change -7.17% -9.17% -4.37%
TOTAL ASSETS
Total Short-Term Assets $1.402B $1.512B $2.088B
Total Long-Term Assets $3.889B $3.931B $4.327B
Total Assets $5.291B $5.443B $6.415B
YoY Change -12.94% -15.16% 12.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $122.9M $99.31M $100.5M
YoY Change 6.69% -1.19% -48.43%
Accrued Expenses $462.1M $430.0M $438.7M
YoY Change 26.58% -1.99% -27.31%
Deferred Revenue $81.06M $117.9M $116.1M
YoY Change -18.51% 1.51% 24.58%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $29.29M $30.12M $33.45M
YoY Change 12.36% -9.95% -62.2%
Total Short-Term Liabilities $716.5M $681.4M $688.7M
YoY Change 15.2% -1.06% -35.23%
LONG-TERM LIABILITIES
Long-Term Debt $4.724B $4.728B $4.639B
YoY Change 0.12% 1.91% 41.43%
Other Long-Term Liabilities $297.0M $338.6M $372.5M
YoY Change -21.96% -9.11% 15.14%
Total Long-Term Liabilities $5.021B $5.066B $5.012B
YoY Change -1.52% 1.09% 39.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $716.5M $681.4M $688.7M
Total Long-Term Liabilities $5.021B $5.066B $5.012B
Total Liabilities $5.737B $5.748B $5.700B
YoY Change 0.29% 0.83% 22.14%
SHAREHOLDERS EQUITY
Retained Earnings -$3.050B -$2.858B -$1.779B
YoY Change 45.25% 60.64% 141.94%
Common Stock $3.464M $3.458M $3.385M
YoY Change 2.27% 2.16% 14.98%
Preferred Stock
YoY Change
Treasury Stock (at cost) $498.1M $497.9M $474.2M
YoY Change 4.92% 5.01% 1.24%
Treasury Stock Shares 22.93M shares 22.91M shares 21.27M shares
Shareholders Equity -$508.9M -$363.8M $632.0M
YoY Change
Total Liabilities & Shareholders Equity $5.291B $5.443B $6.415B
YoY Change -12.94% -15.16% 12.14%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$186.7M -$235.2M -$307.4M
YoY Change -38.93% -23.48% -581.77%
Depreciation, Depletion And Amortization $57.88M $63.66M $63.73M
YoY Change -31.51% -0.12% -18.35%
Cash From Operating Activities -$7.624M -$70.91M -$194.0M
YoY Change -95.82% -63.45% -217.15%
INVESTING ACTIVITIES
Capital Expenditures -$23.89M $13.17M $8.926M
YoY Change 39.73% 47.54% -135.85%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$23.89M -$13.17M -$8.900M
YoY Change -146.58% 47.97% -72.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.55M 7.607M 565.6M
YoY Change -62.48% -98.66% -1068.49%
NET CHANGE
Cash From Operating Activities -7.624M -70.91M -194.0M
Cash From Investing Activities -23.89M -13.17M -8.900M
Cash From Financing Activities -13.55M 7.607M 565.6M
Net Change In Cash -45.06M -76.47M 362.7M
YoY Change -73.05% -121.08% 384.25%
FREE CASH FLOW
Cash From Operating Activities -$7.624M -$70.91M -$194.0M
Capital Expenditures -$23.89M $13.17M $8.926M
Free Cash Flow $16.27M -$84.08M -$202.9M
YoY Change -109.84% -58.57% -206.52%

Facts In Submission

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CY2020Q3 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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0 USD
us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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3170000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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6544000 USD
us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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122000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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CY2021Q3 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
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CY2020Q3 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
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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
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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
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CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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931000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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92000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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2745000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
5641000 USD
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2698000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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2224000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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24874000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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30409000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48259000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
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4375000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Debt
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1070380000 USD
us-gaap Proceeds From Issuance Of Debt
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2345000000 USD
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1053728000 USD
us-gaap Repayments Of Debt
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894613000 USD
sabr Proceeds From Repurchase Of Settlements Of Equity
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sabr Proceeds From Repurchase Of Settlements Of Equity
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us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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16283000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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0 USD
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12194000 USD
us-gaap Payments Of Debt Extinguishment Costs
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54158000 USD
us-gaap Repayments Of Convertible Debt
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2541000 USD
us-gaap Repayments Of Convertible Debt
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0 USD
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-269000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-4513000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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0 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
322885000 USD
us-gaap Proceeds From Issuance Of Common Stock
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0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
275003000 USD
sabr Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
0 USD
sabr Payments For Tax Receivable Agreement
PaymentsForTaxReceivableAgreement
71958000 USD
us-gaap Payments Of Dividends Common Stock
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0 USD
us-gaap Payments Of Dividends Common Stock
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38544000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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1873804000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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-2376000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-3739000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-2376000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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1814000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1232176000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1499665000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
436176000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1044808000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1668352000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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285154000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Dividends Preferred Stock
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5428000 USD
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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24426000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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31739000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-215824000 USD
CY2021Q2 us-gaap Dividends Preferred Stock
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5428000 USD
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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29478000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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9825000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-159792000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-220961000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
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5400000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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32218000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
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-780000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-355077000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
947669000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-231200000 USD
CY2020Q1 us-gaap Dividends Common Stock
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38544000 USD
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CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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17577000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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682711000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-431464000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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8762000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
259968000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-295979000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
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2231000 USD
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275003000 USD
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CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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18566000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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578155000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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0.14
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
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78000000 USD
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sabr Accounts Receivable Allowance For Credit Loss Prior Period Increase Decrease
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-62000000 USD
us-gaap Number Of Operating Segments
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2 segment
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates—The preparation of these interim financial statements in conformity with GAAP requires that certain amounts be recorded based on estimates and assumptions made by management. Actual results could differ from these estimates and assumptions. Our accounting policies that utilize significant estimates and assumptions include: (i) estimation for revenue recognition and multiple performance obligation arrangements, (ii) determination of the fair value of assets and liabilities acquired in a business combination, (iii) the evaluation of the recoverability of the carrying value of long-lived assets and goodwill, (iv) assumptions utilized to test recoverability of capitalized implementation costs and customer and subscriber advances, (v) judgments in capitalization of software developed for internal use, (vi) the evaluation of uncertainties surrounding the calculation of our tax assets and liabilities, (vii) estimation of the air booking cancellation reserve, and (viii) the evaluation of the allowance for credit losses.
CY2021Q3 us-gaap Restricted Cash Current
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21000000 USD
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
191191000 USD
CY2020Q4 us-gaap Contract With Customer Liability
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176956000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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34000000 USD
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441086000 USD
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278365000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1188238000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1020386000 USD
CY2021Q3 us-gaap Restructuring And Related Cost Cost Incurred To Date1
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80000000 USD
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1000000 USD
us-gaap Restructuring Charges
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74000000 USD
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23253000 USD
us-gaap Payments For Restructuring
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12204000 USD
us-gaap Restructuring Reserve Settled Without Cash2
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4881000 USD
CY2021Q3 us-gaap Restructuring Reserve
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6168000 USD
us-gaap Income Tax Expense Benefit
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-5000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
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0.01
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-52000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
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0.05
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
395000000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits
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83000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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73000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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97568000 USD
us-gaap Provision For Doubtful Accounts
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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13198000 USD
sabr Accounts Receivable Allowance For Credit Loss Other
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-2168000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
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78474000 USD
us-gaap Provision For Doubtful Accounts
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-4000000 USD
sabr Accounts Receivable Allowance For Credit Loss Prior Period Increase Decrease
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CY2021Q3 us-gaap Long Term Debt
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4758000000 USD
CY2020Q4 us-gaap Long Term Debt
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4744000000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
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48000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
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54000000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
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9000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
10000000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
833000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
833000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
889000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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4814941000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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4807505000 USD
CY2021Q3 us-gaap Long Term Debt Current
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30124000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
26068000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
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4784817000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4781437000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021Q3 us-gaap Payments Of Debt Restructuring Costs
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2000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
0 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
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0 USD
CY2021Q3 sabr Percentage Of Bookings Affected
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0.01
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2698000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2224000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2595000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-20582000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-3237000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-4500000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-9553000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-12894000 USD
us-gaap Goodwill Impairment Loss
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0 USD
CY2021Q3 us-gaap Goodwill Impairment Loss
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0 USD
CY2021Q3 us-gaap Defined Benefit Plan Benefit Obligation Increase Decrease For Remeasurement Due To Settlement
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25000000 USD
us-gaap Defined Benefit Plan Contributions By Employer
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3000000 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
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0 USD
CY2021Q3 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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5000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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16000000 USD
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500000000 USD
us-gaap Stock Repurchased During Period Shares
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0 shares
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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287000000 USD
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-234713000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-306775000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-739958000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-958515000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
714000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
125000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1657000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
837000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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5400000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2231000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16256000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2231000 USD
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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-240827000 USD
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-240827000 USD
CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-309131000 USD
CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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-309131000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-757871000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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-757871000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-961583000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-961583000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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322720000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
292392000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
320055000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
280750000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
us-gaap Number Of Operating Segments
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2 segment
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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6000000 shares
CY2021Q3 us-gaap Value Added Tax Receivable
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9000000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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3000000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
322720000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
292392000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320055000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
280750000 shares
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.75
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.06
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.37
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-3.43
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.75
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.06
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.37
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-3.43
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
us-gaap Operating Lease Payments
OperatingLeasePayments
21918000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
17806000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
298000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42405000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
106148000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
125110000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
24232000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
37892000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
82854000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
97403000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
107086000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
135295000 USD
sabr Lessee Operating And Financing Lease Termination Period
LesseeOperatingAndFinancingLeaseTerminationPeriod
P2Y
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7307000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
21684000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
17126000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
15682000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11125000 USD
CY2021Q3 sabr Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
60719000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
133643000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26557000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
107086000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
441086000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
278365000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1188238000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1020386000 USD
CY2021Q3 sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-102644000 USD
CY2020Q3 sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-196693000 USD
sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-390898000 USD
sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-576372000 USD
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
63655000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
89344000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
204308000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
279159000 USD
CY2021Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13169000 USD
CY2020Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8926000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30409000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48259000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-156688000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-233049000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-539611000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-768530000 USD
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-114000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-460000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-395000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1645000 USD
CY2021Q3 us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
15939000 USD
CY2020Q3 us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
16465000 USD
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
48296000 USD
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
49775000 USD
CY2021Q3 sabr Restructuring And Other Costs
RestructuringAndOtherCosts
269000 USD
CY2020Q3 sabr Restructuring And Other Costs
RestructuringAndOtherCosts
947000 USD
sabr Restructuring And Other Costs
RestructuringAndOtherCosts
-5722000 USD
sabr Restructuring And Other Costs
RestructuringAndOtherCosts
74229000 USD
CY2021Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
870000 USD
CY2020Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
591000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3299000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
22791000 USD
CY2021Q3 sabr Legal Fees Reimbursements Net
LegalFeesReimbursementsNet
4862000 USD
CY2020Q3 sabr Legal Fees Reimbursements Net
LegalFeesReimbursementsNet
247000 USD
sabr Legal Fees Reimbursements Net
LegalFeesReimbursementsNet
17113000 USD
sabr Legal Fees Reimbursements Net
LegalFeesReimbursementsNet
2103000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32218000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18566000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
86122000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44905000 USD
CY2021Q3 sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-102644000 USD
CY2020Q3 sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-196693000 USD
sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-390898000 USD
sabr Adjusted Operating Income Loss
AdjustedOperatingIncomeLoss
-576372000 USD

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