2021 Q1 Form 10-Q Financial Statement

#000182247921000028 Filed on May 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q1
Revenue $212.1M $216.8M $188.2M
YoY Change 12.72% 12.04%
Cost Of Revenue $96.78M $96.30M $91.68M
YoY Change 5.56% 0.0%
Gross Profit $115.4M $120.6M $96.52M
YoY Change 19.54% 24.07%
Gross Profit Margin 54.38% 55.63% 51.28%
Selling, General & Admin $52.47M $53.20M $37.05M
YoY Change 41.59% 43.4%
% of Gross Profit 45.47% 44.11% 38.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.38M $36.50M $16.11M
YoY Change -4.54% -0.27%
% of Gross Profit 13.33% 30.27% 16.69%
Operating Expenses $69.01M $68.10M $51.65M
YoY Change 33.6% 31.72%
Operating Profit $46.36M $52.50M $44.87M
YoY Change 3.34% 15.38%
Interest Expense -$21.28M -$48.30M -$56.56M
YoY Change -62.37% 28.12%
% of Operating Profit -45.9% -92.0% -126.07%
Other Income/Expense, Net $3.890M $5.100M -$3.150M
YoY Change -223.49% 240.0%
Pretax Income $14.08M -$35.10M -$14.22M
YoY Change -199.03% 67.94%
Income Tax $3.017M $8.300M -$12.23M
% Of Pretax Income 21.42%
Net Earnings $10.84M -$43.70M -$1.964M
YoY Change -652.04% 56.63%
Net Earnings / Revenue 5.11% -20.16% -1.04%
Basic Earnings Per Share $0.04 -$0.01
Diluted Earnings Per Share $0.04 -$368.8K -$0.01
COMMON SHARES
Basic Shares Outstanding 278.8M shares 232.4M shares
Diluted Shares Outstanding 279.0M shares 232.4M shares

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.0M $102.4M
YoY Change
Cash & Equivalents $108.0M $102.4M $105.2M
Short-Term Investments
Other Short-Term Assets $11.76M $8.020M
YoY Change
Inventory $33.38M $34.09M
Prepaid Expenses
Receivables $96.39M $91.74M
Other Receivables $22.20M $23.90M
Total Short-Term Assets $328.4M $315.0M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $611.6M $609.8M
YoY Change
Goodwill $1.107B $1.116B
YoY Change 7.73%
Intangibles $656.6M $643.4M
YoY Change
Long-Term Investments $9.227M $13.46M
YoY Change
Other Assets $9.281M $9.304M
YoY Change
Total Long-Term Assets $2.449B $2.446B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $328.4M $315.0M
Total Long-Term Assets $2.449B $2.446B
Total Assets $2.777B $2.761B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $57.17M $52.40M
YoY Change
Accrued Expenses $56.37M $60.52M $60.52M
YoY Change -6.85%
Deferred Revenue $6.000M $6.100M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.100M $0.00
YoY Change
Total Short-Term Liabilities $138.0M $140.6M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $1.838B $1.825B
YoY Change
Other Long-Term Liabilities $18.80M $17.51M
YoY Change
Total Long-Term Liabilities $1.856B $1.842B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $138.0M $140.6M
Total Long-Term Liabilities $1.856B $1.842B
Total Liabilities $2.311B $2.307B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$578.3M -$589.1M
YoY Change
Common Stock $2.860M $2.860M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.00M $34.00M
YoY Change
Treasury Stock Shares 3.090M shares 3.052M shares
Shareholders Equity $463.3M $452.3M
YoY Change
Total Liabilities & Shareholders Equity $2.777B $2.761B
YoY Change

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q1
OPERATING ACTIVITIES
Net Income $10.84M -$43.70M -$1.964M
YoY Change -652.04% 56.63%
Depreciation, Depletion And Amortization $15.38M $36.50M $16.11M
YoY Change -4.54% -0.27%
Cash From Operating Activities $56.16M $21.90M $5.690M
YoY Change 886.98% 119.0%
INVESTING ACTIVITIES
Capital Expenditures $20.94M -$19.90M $12.99M
YoY Change 61.23% -3.86%
Acquisitions $13.15M $0.00
YoY Change
Other Investing Activities -$25.60M $1.100M $0.00
YoY Change
Cash From Investing Activities -$46.52M -$18.80M -$12.99M
YoY Change 258.14% -9.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00 $142.0K
YoY Change -100.0%
Cash From Financing Activities -$3.783M -10.60M $49.31M
YoY Change -107.67% -38.37%
NET CHANGE
Cash From Operating Activities $56.16M 21.90M $5.690M
Cash From Investing Activities -$46.52M -18.80M -$12.99M
Cash From Financing Activities -$3.783M -10.60M $49.31M
Net Change In Cash $5.562M -7.500M $42.16M
YoY Change -86.81% -73.12%
FREE CASH FLOW
Cash From Operating Activities $56.16M $21.90M $5.690M
Capital Expenditures $20.94M -$19.90M $12.99M
Free Cash Flow $35.22M $41.80M -$7.299M
YoY Change -582.49% 36.16%

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CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Depreciation
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CY2020Q1 us-gaap Depreciation
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CY2020Q1 us-gaap Amortization Of Intangible Assets
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CY2020Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2020Q1 us-gaap Share Based Compensation
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CY2020Q1 us-gaap Asset Retirement Obligation Accretion Expense
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CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2021Q1 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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CY2020Q1 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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CY2020Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
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4713000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
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CY2020Q1 us-gaap Amortization Of Financing Costs
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5690000 USD
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CY2020Q1 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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154000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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5562000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
42162000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108016000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105187000 USD
CY2021Q1 us-gaap Interest Paid Net
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19745000 USD
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11561000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
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1868000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2021Q1 us-gaap Number Of Operating Segments
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1725000 USD
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Basis Of Accounting
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Basis of Presentation<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Principles of Consolidation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – Sotera Health Company (also referred to herein as the “Company,” “we,” “our,” “us” or “its”), is a global provider of mission-critical sterilization and lab testing and advisory services to the medical device and pharmaceutical industries with operations primarily in the Americas, Europe and Asia. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We operate and report in three segments, Sterigenics, Nordion and Nelson Labs. We describe our reportable segments in Note 18, “Segment Information”. All significant intercompany balances and transactions have been eliminated in consolidation. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Noncontrolling interests represent the noncontrolling stockholders’ proportionate share of the total equity in the Company’s consolidated subsidiaries. As of March 31, 2021, our subsidiaries were wholly owned by us, except for noncontrolling interests of 15% and 33% in our two China subsidiaries. We consolidate the results of operations of these subsidiaries with our results of operations and reflect the noncontrolling interests in our two China subsidiaries on our Consolidated Statements of Operations and Comprehensive Income (Loss) as “Net income attributable to noncontrolling interests.” On March 11, 2021, we purchased the 15% noncontrolling interest that remained from the August 2018 acquisition of Nelson Laboratories Fairfield, Inc. (“Nelson Labs Fairfield”). This required future purchase was considered mandatorily redeemable, and therefore no earnings were allocated to this noncontrolling interest. See Note 4, “Acquisitions”</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for additional details.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the first quarter of 2021, we entered into binding agreements to purchase the outstanding noncontrolling interests of 15% and 33% of our two China subsidiaries, respectively. The purchase transactions are expected to close in the second quarter of 2021 for a total purchase price of $8.6 million. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In July 2020, we acquired a 60% equity ownership interest in a joint venture to construct an E-beam facility in Alberta, Canada in connection with our acquisition of Iotron Industries Canada, Inc. (“Iotron”). Refer to Note 4, “Acquisitions” for additional information. We have determined this to be an investment in a variable interest entity (“VIE”). The investment is not consolidated as the Company has concluded that we are not the primary beneficiary of the VIE. The Company accounts for the joint venture using the equity method. The investment is reflected within “Investment in unconsolidated affiliates” on the Consolidated Balance Sheets.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – In preparing our consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles ("GAAP"), we make estimates and assumptions that affect the amounts reported and the accompanying notes. We regularly evaluate the estimates and assumptions used and revise them as new information becomes available. Actual results may vary from those estimates. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Interim Financial Statements </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">– The accompanying consolidated financial statements include the assets, liabilities, operating results, and cash flows of the Company and its wholly owned subsidiaries. These financial statements are prepared in accordance with U.S. GAAP for interim financial information and the instructions to the Quarterly Report on Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. These unaudited interim financial statements should be read in conjunction with the Company's annual consolidated financial statements and accompanying notes on Form 10-K for the year ended December 31, 2020.</span></div>
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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454574000 USD
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3440000 USD
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249000 USD
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11065000 USD
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3 segment
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Use of Estimates – In preparing our consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles ("GAAP"), we make estimates and assumptions that affect the amounts reported and the accompanying notes. We regularly evaluate the estimates and assumptions used and revise them as new information becomes available. Actual results may vary from those estimates.
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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188200000 USD
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2617000 USD
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CY2021Q1 us-gaap Inventory Adjustments
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CY2020Q4 us-gaap Inventory Adjustments
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CY2020Q4 us-gaap Goodwill
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CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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79882000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2021Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
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P10Y
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CY2021Q1 shc Accrued Interest Expense Current
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186000 USD
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CY2020Q1 us-gaap Derivative Liabilities Current
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CY2021Q1 us-gaap Accrued Insurance Current
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CY2020Q1 us-gaap Accrued Insurance Current
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CY2020Q1 us-gaap Other Accrued Liabilities Current
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3747000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
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56373000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
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60518000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
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CY2020Q4 us-gaap Long Term Debt Noncurrent
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1824789000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1864159000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1863550000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
26579000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
38761000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
609000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
450000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q1 shc Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1863100000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
1864159000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.214
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.860
CY2020 shc Limitation On Deductibility Of Interest Expense Cares Act
LimitationOnDeductibilityOfInterestExpenseCARESAct
0.30
CY2021Q1 shc Limitation On Deductibility Of Interest Expense Cares Act
LimitationOnDeductibilityOfInterestExpenseCARESAct
0.50
CY2021Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-9100000 USD
CY2021Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-5600000 USD
CY2021Q1 shc Defined Benefit Plan Annual Funding Requirements For Next Five Years
DefinedBenefitPlanAnnualFundingRequirementsForNextFiveYears
2800000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2389258 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.00
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
20407 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26.26
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
9316 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
23.00
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2400349 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.03
CY2021Q1 us-gaap Profit Loss
ProfitLoss
11065000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-1986000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
223000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22000 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
157000 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
157000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10685000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10685000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1964000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1964000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
278827000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232400000 shares
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
141000 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
278968000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
232400000 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q1 shc Loss Contingency Undiscounted Amount Of Insurance Related Assessment Liability Per Occurrence
LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiabilityPerOccurrence
10000000.0 USD
CY2021Q1 us-gaap Loss Contingency Undiscounted Amount Of Insurance Related Assessment Liability
LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiability
20000000.0 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
600000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
700000 USD
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment

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