2021 Q2 Form 10-Q Financial Statement
#000105082521000159 Filed on June 25, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
Revenue | $556.6M | $482.8M |
YoY Change | 15.29% | -41.43% |
Cost Of Revenue | $401.9M | $360.1M |
YoY Change | 11.61% | -36.37% |
Gross Profit | $154.7M | $122.7M |
YoY Change | 26.08% | -52.52% |
Gross Profit Margin | 27.79% | 25.41% |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $20.70M | $22.50M |
YoY Change | -8.0% | 10.84% |
% of Gross Profit | 13.38% | 18.34% |
Operating Expenses | $186.5M | $157.4M |
YoY Change | 18.49% | -31.8% |
Operating Profit | -$31.80M | -$52.30M |
YoY Change | -39.2% | -289.49% |
Interest Expense | $6.400M | $7.300M |
YoY Change | -12.33% | 8.96% |
% of Operating Profit | ||
Other Income/Expense, Net | -$800.0K | $0.00 |
YoY Change | -100.0% | |
Pretax Income | -$38.80M | -$54.80M |
YoY Change | -29.2% | -327.39% |
Income Tax | -$10.70M | -$16.70M |
% Of Pretax Income | ||
Net Earnings | -$28.10M | -$38.10M |
YoY Change | -26.25% | -314.04% |
Net Earnings / Revenue | -5.05% | -7.89% |
Basic Earnings Per Share | -$0.24 | -$0.33 |
Diluted Earnings Per Share | -$0.24 | -$0.33 |
COMMON SHARES | ||
Basic Shares Outstanding | 115.6M shares | 115.1M shares |
Diluted Shares Outstanding | 115.6M shares | 115.1M shares |
Balance Sheet
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $397.2M | $637.5M |
YoY Change | -37.69% | 317.49% |
Cash & Equivalents | $397.2M | $637.5M |
Short-Term Investments | ||
Other Short-Term Assets | $23.10M | $69.10M |
YoY Change | -66.57% | 44.56% |
Inventory | $227.6M | $246.7M |
Prepaid Expenses | $24.90M | $22.20M |
Receivables | $260.3M | $254.7M |
Other Receivables | $59.00M | $0.00 |
Total Short-Term Assets | $992.1M | $1.230B |
YoY Change | -19.35% | 41.99% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $412.3M | $417.2M |
YoY Change | -1.17% | -7.33% |
Goodwill | $218.4M | $215.1M |
YoY Change | 1.53% | -10.41% |
Intangibles | $86.80M | $95.90M |
YoY Change | -9.49% | -16.75% |
Long-Term Investments | $51.30M | $53.50M |
YoY Change | -4.11% | -0.37% |
Other Assets | $27.70M | $29.80M |
YoY Change | -7.05% | -7.74% |
Total Long-Term Assets | $1.298B | $1.309B |
YoY Change | -0.9% | -5.76% |
TOTAL ASSETS | ||
Total Short-Term Assets | $992.1M | $1.230B |
Total Long-Term Assets | $1.298B | $1.309B |
Total Assets | $2.290B | $2.540B |
YoY Change | -9.84% | 12.58% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $199.3M | $155.9M |
YoY Change | 27.84% | -40.74% |
Accrued Expenses | $145.8M | $153.6M |
YoY Change | -5.08% | -8.73% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $5.000M | $247.7M |
YoY Change | -97.98% | 5797.62% |
Total Short-Term Liabilities | $498.2M | $790.1M |
YoY Change | -36.94% | 43.39% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $478.7M | $481.2M |
YoY Change | -0.52% | -0.25% |
Other Long-Term Liabilities | $46.30M | $45.60M |
YoY Change | 1.54% | -19.72% |
Total Long-Term Liabilities | $861.1M | $868.4M |
YoY Change | -0.84% | 1.84% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $498.2M | $790.1M |
Total Long-Term Liabilities | $861.1M | $868.4M |
Total Liabilities | $1.359B | $1.659B |
YoY Change | -18.04% | 18.15% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $947.8M | $958.9M |
YoY Change | -1.16% | 8.82% |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $930.3M | $881.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.290B | $2.540B |
YoY Change | -9.84% | 12.58% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$28.10M | -$38.10M |
YoY Change | -26.25% | -314.04% |
Depreciation, Depletion And Amortization | $20.70M | $22.50M |
YoY Change | -8.0% | 10.84% |
Cash From Operating Activities | -$63.60M | -$93.40M |
YoY Change | -31.91% | 31.55% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $18.40M | $9.400M |
YoY Change | 95.74% | -36.49% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$5.400M | -$6.700M |
YoY Change | -19.4% | 509.09% |
Cash From Investing Activities | -$13.00M | -$2.700M |
YoY Change | 381.48% | -80.29% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $12.10M | $8.400M |
YoY Change | 44.05% | -51.45% |
Common Stock Issuance & Retirement, Net | $4.300M | $42.30M |
YoY Change | -89.83% | 957.5% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$16.80M | $193.7M |
YoY Change | -108.67% | -988.53% |
NET CHANGE | ||
Cash From Operating Activities | -$63.60M | -$93.40M |
Cash From Investing Activities | -$13.00M | -$2.700M |
Cash From Financing Activities | -$16.80M | $193.7M |
Net Change In Cash | -$93.10M | $96.30M |
YoY Change | -196.68% | -190.42% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$63.60M | -$93.40M |
Capital Expenditures | $18.40M | $9.400M |
Free Cash Flow | -$82.00M | -$102.8M |
YoY Change | -20.23% | 19.81% |
Facts In Submission
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2022 | |
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STEELCASE INC | |
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CY2021Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
861100000 | USD |
CY2021Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
878500000 | USD |
CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
1359300000 | USD |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
1393500000 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
21300000 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
12500000 | USD |
CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-38800000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-40000000.0 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
947800000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
988000000.0 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
930300000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
960500000 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2289600000 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2354000000.0 | USD |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
114908676 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
117202000 | shares |
CY2021Q2 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Shares Approved For Issuance
ShareBasedGoodsAndNonemployeeServicesTransactionSharesApprovedForIssuance
|
13093 | shares |
CY2020Q2 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Shares Approved For Issuance
ShareBasedGoodsAndNonemployeeServicesTransactionSharesApprovedForIssuance
|
12949 | shares |
CY2021Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
353196 | shares |
CY2020Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3244389 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
115664399 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
114759549 | shares |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
12500000 | USD |
CY2020Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
28400000 | USD |
CY2021Q2 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
200000 | USD |
CY2020Q2 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
200000 | USD |
CY2021Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
4300000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
36400000 | USD |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12900000 | USD |
CY2020Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7800000 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
21300000 | USD |
CY2020Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
0 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-40000000.0 | USD |
CY2020Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-69300000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1200000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-8600000 | USD |
CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-38800000 | USD |
CY2020Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-77900000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
988000000.0 | USD |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1011300000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28100000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38100000 | USD |
CY2021Q2 | us-gaap |
Dividends
Dividends
|
12100000 | USD |
CY2020Q2 | us-gaap |
Dividends
Dividends
|
8400000 | USD |
CY2020Q2 | scs |
Stock Repurchased Retained Earnings Value
StockRepurchasedRetainedEarningsValue
|
-5900000 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
947800000 | USD |
CY2020Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
958900000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
930300000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
881000000.0 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28100000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38100000 | USD |
CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
20700000 | USD |
CY2020Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22500000 | USD |
CY2021Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2020Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
17600000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-2300000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
12400000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13100000 | USD |
CY2020Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000.0 | USD |
CY2021Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1300000 | USD |
CY2020Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1800000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
1500000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
700000 | USD |
CY2021Q2 | us-gaap |
Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-2600000 | USD |
CY2020Q2 | us-gaap |
Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-2800000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-10100000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-115800000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
34200000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
32800000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
14100000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
28000000.0 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
17800000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-87800000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-36000000.0 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-137200000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-18100000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-33200000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
8400000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
94900000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
1500000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-3600000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-63600000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-93400000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18400000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9400000 | USD |
CY2021Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-5400000 | USD |
CY2020Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6700000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13000000.0 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2700000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
12100000 | USD |
CY2020Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
8400000 | USD |
CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4300000 | USD |
CY2020Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
42300000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | USD |
CY2020Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
250000000.0 | USD |
CY2021Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD |
CY2020Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
5000000.0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
400000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
600000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16800000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
193700000 | USD |
CY2021Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
300000 | USD |
CY2020Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1300000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-93100000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
96300000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
495600000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
547100000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
402500000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
643400000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
5800000 | USD |
CY2021Q2 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Description
NewAccountingPronouncementOrChangeInAccountingPrincipleDescription
|
NEW ACCOUNTING STANDARDSWe evaluate all Accounting Standards Updates ("ASUs") issued by the Financial Accounting Standards Board ("FASB") for consideration of their applicability to our consolidated financial statements. We have assessed all ASUs issued but not yet adopted and concluded that those not disclosed are either not applicable to us or are not expected to have a material effect on our consolidated financial statements. | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
556600000 | USD |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
482800000 | USD |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
556600000 | USD |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
482800000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
33700000 | USD |
CY2021Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
42200000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28100000 | USD |
CY2021Q2 | scs |
Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
|
118300000 | shares |
CY2021Q2 | scs |
Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
|
118300000 | shares |
CY2021Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-600000 | USD |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
2700000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
2700000 | shares |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-27500000 | USD |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115600000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115600000 | shares |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.24 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.24 | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38100000 | USD |
CY2020Q2 | scs |
Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
|
117300000 | shares |
CY2020Q2 | scs |
Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
|
117300000 | shares |
CY2020Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-700000 | USD |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
2200000 | shares |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
2200000 | shares |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-37400000 | USD |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115100000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115100000 | shares |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.33 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.33 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
500000 | shares |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
300000 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
115700000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
114800000 | shares |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-40000000.0 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
1100000 | USD |
CY2021Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-100000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1200000 | USD |
CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-38800000 | USD |
CY2021Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
483700000 | USD |
CY2021Q1 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
483900000 | USD |
CY2021Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
566800000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
568100000 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
397200000 | USD |
CY2021Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
5300000 | USD |
CY2021Q2 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
137100000 | USD |
CY2021Q1 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
126000000.0 | USD |
CY2021Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
113200000 | USD |
CY2021Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
86400000 | USD |
CY2021Q2 | us-gaap |
Inventory Gross
InventoryGross
|
250300000 | USD |
CY2021Q1 | us-gaap |
Inventory Gross
InventoryGross
|
212400000 | USD |
CY2021Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
22700000 | USD |
CY2021Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
18900000 | USD |
CY2021Q2 | us-gaap |
Inventory Net
InventoryNet
|
227600000 | USD |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
193500000 | USD |
CY2021Q2 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
96500000 | USD |
CY2021Q1 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
89100000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
13100000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
13100000 | USD |
CY2021Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
400000 | USD |
CY2020Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
300000 | USD |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
12700000 | USD |
CY2020Q2 | us-gaap |
Lease Cost
LeaseCost
|
12800000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
13400000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
12600000 | USD |
CY2021Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1600000 | USD |
CY2020Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
500000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y6M | |
CY2020Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.038 | |
CY2020Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.040 | |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
39000000.0 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
45500000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
40100000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
37800000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
30100000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
72400000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
264900000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
30400000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
234500000 | USD |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
556600000 | USD |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
482800000 | USD |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-31800000 | USD |
CY2020Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-52300000 | USD |
CY2021Q2 | us-gaap |
Assets
Assets
|
2289600000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
2354000000.0 | USD |