2024 Q1 Form 10-K Financial Statement

#000120626424000050 Filed on February 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.189B $1.171B $4.925B
YoY Change -1.55% -1.42% 0.09%
Cost Of Revenue $676.8M $657.2M $2.787B
YoY Change -4.43% -5.87% -2.96%
Gross Profit $512.6M $513.3M $2.139B
YoY Change 2.54% 4.93% 4.35%
Gross Profit Margin 43.1% 43.85% 43.42%
Selling, General & Admin $386.0M $400.5M $1.545B
YoY Change 6.87% 14.82% 12.38%
% of Gross Profit 75.3% 78.02% 72.21%
Research & Development $30.60M
YoY Change 4.79%
% of Gross Profit 1.43%
Depreciation & Amortization $48.40M $35.70M $135.3M
YoY Change 8.52% 5.62% -24.92%
% of Gross Profit 9.44% 6.95% 6.33%
Operating Expenses $386.0M $400.5M $1.544B
YoY Change 6.87% 14.82% 5189.38%
Operating Profit $131.5M $112.8M $594.3M
YoY Change -8.23% -19.66% -12.68%
Interest Expense $34.30M -$21.30M -$106.9M
YoY Change 4.57% -14.46% -203.79%
% of Operating Profit 26.08% -18.88% -17.99%
Other Income/Expense, Net -$34.00M -$200.0K $0.00
YoY Change 3.34% -89.47% -100.0%
Pretax Income $97.50M $87.60M $474.1M
YoY Change -11.68% -22.89% 23.95%
Income Tax $20.70M $9.900M $103.4M
% Of Pretax Income 21.23% 11.3% 21.81%
Net Earnings $76.30M $77.10M $368.1M
YoY Change -10.55% -24.19% -19.22%
Net Earnings / Revenue 6.41% 6.59% 7.47%
Basic Earnings Per Share $0.44 $2.14
Diluted Earnings Per Share $0.43 $0.43 $2.08
COMMON SHARES
Basic Shares Outstanding 173.6M shares 172.3M shares 172.2M shares
Diluted Shares Outstanding 178.0M shares 177.3M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $92.50M $74.90M $74.90M
YoY Change 1.65% 7.93% 7.93%
Cash & Equivalents $92.50M $74.90M $74.90M
Short-Term Investments
Other Short-Term Assets $96.20M $113.8M $113.8M
YoY Change -36.46% -23.21% -23.21%
Inventory $489.6M $483.1M $483.1M
Prepaid Expenses
Receivables $483.6M $431.4M $431.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.162B $1.103B $1.103B
YoY Change -8.56% -7.7% -7.7%
LONG-TERM ASSETS
Property, Plant & Equipment $1.496B $1.515B $1.515B
YoY Change 7.88% 16.71% 16.71%
Goodwill $1.077B $1.083B
YoY Change 0.69% 1.98%
Intangibles $710.3M $714.8M
YoY Change -0.6% -0.14%
Long-Term Investments
YoY Change
Other Assets $125.5M $137.8M $137.8M
YoY Change 51.02% 78.27% 55.53%
Total Long-Term Assets $3.424B $3.451B $3.451B
YoY Change 4.82% 9.04% 9.04%
TOTAL ASSETS
Total Short-Term Assets $1.162B $1.103B $1.103B
Total Long-Term Assets $3.424B $3.451B $3.451B
Total Assets $4.586B $4.554B $4.554B
YoY Change 1.07% 4.45% 4.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $345.2M $311.3M $311.3M
YoY Change -6.22% -13.48% -13.48%
Accrued Expenses $434.2M $546.7M $546.7M
YoY Change -1.72% 26.35% 120.09%
Deferred Revenue $74.90M $53.30M
YoY Change 9.18% 9.9%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $47.30M $44.90M $44.90M
YoY Change -36.08% -36.22% -36.22%
Total Short-Term Liabilities $958.2M $908.2M $908.2M
YoY Change -6.32% -7.44% -7.44%
LONG-TERM LIABILITIES
Long-Term Debt $2.526B $2.527B $2.527B
YoY Change -8.76% -7.77% -7.77%
Other Long-Term Liabilities $80.60M $657.4M $657.4M
YoY Change -3.93% 687.31% 22.42%
Total Long-Term Liabilities $80.60M $3.184B $3.184B
YoY Change -3.93% 3713.65% -2.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $958.2M $908.2M $908.2M
Total Long-Term Liabilities $80.60M $3.184B $3.184B
Total Liabilities $4.250B $4.231B $4.231B
YoY Change -5.41% -3.24% -3.46%
SHAREHOLDERS EQUITY
Retained Earnings $3.279B
YoY Change 9.73%
Common Stock $561.5M
YoY Change -6.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.381B
YoY Change -1.58%
Treasury Stock Shares
Shareholders Equity $326.6M $323.4M $323.4M
YoY Change
Total Liabilities & Shareholders Equity $4.586B $4.554B $4.554B
YoY Change 1.07% 4.45% 4.45%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $76.30M $77.10M $368.1M
YoY Change -10.55% -24.19% -19.22%
Depreciation, Depletion And Amortization $48.40M $35.70M $135.3M
YoY Change 8.52% 5.62% -24.92%
Cash From Operating Activities $130.2M $91.10M $570.3M
YoY Change 30.46% -4.91% 50.55%
INVESTING ACTIVITIES
Capital Expenditures $31.50M $32.10M $185.4M
YoY Change -39.54% -64.53% -39.51%
Acquisitions $0.00
YoY Change
Other Investing Activities -$300.0K -$2.900M -$2.400M
YoY Change 200.0% -127.27%
Cash From Investing Activities -$31.20M -$35.00M -$187.8M
YoY Change -40.0% -61.33% -40.44%
FINANCING ACTIVITIES
Cash Dividend Paid $24.90M $77.70M
YoY Change 19.71% 10.21%
Common Stock Issuance & Retirement, Net -$33.10M
YoY Change -6720.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$77.90M -81.10M -384.3M
YoY Change 174.3% 80.22% 37.69%
NET CHANGE
Cash From Operating Activities $130.2M 91.10M 570.3M
Cash From Investing Activities -$31.20M -35.00M -187.8M
Cash From Financing Activities -$77.90M -81.10M -384.3M
Net Change In Cash $17.60M -25.00M -1.800M
YoY Change -18.52% -37.03% -99.22%
FREE CASH FLOW
Cash From Operating Activities $130.2M $91.10M $570.3M
Capital Expenditures $31.50M $32.10M $185.4M
Free Cash Flow $98.70M $59.00M $384.9M
YoY Change 106.92% 1013.21% 432.37%

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CY2022Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
12400000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
30600000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29200000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27300000 usd
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
32600000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
27900000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
30100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
25800000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4930800000 usd
CY2023 tpx Numberof Products Sales Channels
NumberofProductsSalesChannels
2 channel
CY2023 tpx Number Of Product Categories
NumberOfProductCategories
2 category
CY2023 tpx Royalty Income Net
RoyaltyIncomeNet
32300000 usd
CY2022 tpx Royalty Income Net
RoyaltyIncomeNet
31800000 usd
CY2021 tpx Royalty Income Net
RoyaltyIncomeNet
29100000 usd
CY2023 tpx Shipping And Handling Included In Net Sales
ShippingAndHandlingIncludedInNetSales
8600000 usd
CY2022 tpx Shipping And Handling Included In Net Sales
ShippingAndHandlingIncludedInNetSales
8100000 usd
CY2021 tpx Shipping And Handling Included In Net Sales
ShippingAndHandlingIncludedInNetSales
7400000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
1107400000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-45100000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1062300000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
21000000.0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1083300000 usd
CY2023Q4 tpx Gross Carrying Amount
GrossCarryingAmount
925400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-210600000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
714800000 usd
CY2022Q4 tpx Gross Carrying Amount
GrossCarryingAmount
916000000.0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
200200000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
715800000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9300000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27600000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
92100000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
78700000 usd
CY2023Q4 tpx Long Term Debt And Lease Obligation Gross
LongTermDebtAndLeaseObligationGross
2593600000 usd
CY2022Q4 tpx Long Term Debt And Lease Obligation Gross
LongTermDebtAndLeaseObligationGross
2830800000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21700000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20500000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2571900000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2810300000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
44900000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
70400000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2527000000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2739900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
29700000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
182600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
25000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
583000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1656200000 usd
CY2023Q4 us-gaap Long Term Debt
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2501500000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
636500000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
506800000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
80100000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
68100000 usd
CY2023Q4 tpx Lease Rightof Use Asset
LeaseRightofUseAsset
716600000 usd
CY2022Q4 tpx Lease Rightof Use Asset
LeaseRightofUseAsset
574900000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
119600000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
105500000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
15100000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
13100000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
574800000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
453500000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
77000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
65600000 usd
CY2023Q4 tpx Operatingand Finance Lease Liability
OperatingandFinanceLeaseLiability
786500000 usd
CY2022Q4 tpx Operatingand Finance Lease Liability
OperatingandFinanceLeaseLiability
637700000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
148100000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
128900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
99800000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
13500000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
15300000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
13100000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
36300000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
31500000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
26900000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
14400000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
14900000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
12600000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3900000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4400000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4500000 usd
CY2023 us-gaap Lease Cost
LeaseCost
216200000 usd
CY2022 us-gaap Lease Cost
LeaseCost
195000000.0 usd
CY2021 us-gaap Lease Cost
LeaseCost
156900000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
147800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
19400000 usd
CY2023Q4 tpx Lessee Operating And Finance Lease Liability Payments Due Year One
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearOne
167200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
135600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
17600000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Due Year Two
LesseeOperatingandFinanceLeaseLiabilityPaymentsDueYearTwo
153200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
117100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
17500000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Due Year Three
LesseeOperatingandFinanceLeaseLiabilityPaymentsDueYearThree
134600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
102200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
15900000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Due Year Four
LesseeOperatingandFinanceLeaseLiabilityPaymentsDueYearFour
118100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
85500000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
13800000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Due Year Five
LesseeOperatingandFinanceLeaseLiabilityPaymentsDueYearFive
99300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
239400000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
25400000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Dueafter Year Five
LesseeOperatingandFinanceLeaseLiabilityPaymentsDueafterYearFive
264800000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
827600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
109600000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Payments Due
LesseeOperatingandFinanceLeaseLiabilityPaymentsDue
937200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
133200000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
17500000 usd
CY2023Q4 tpx Lessee Operatingand Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingandFinanceLeaseLiabilityUndiscountedExcessAmount
150700000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
694400000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
92100000 usd
CY2023Q4 tpx Operatingand Finance Lease Liability
OperatingandFinanceLeaseLiability
786500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M10D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P6Y2M23D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0507
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0550
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
146800000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
126400000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
89600000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3900000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4400000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4500000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
14000000.0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
14700000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
13400000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
273000000.0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
173000000.0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
101600000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
26300000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
19100000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
10800000 usd
CY2023 tpx Eligible Employee Contribution Maximum
EligibleEmployeeContributionMaximum
0.850
CY2023 tpx Defined Contribution Plan Employmenteligibilitytoreceivematchingcontributionsminimum
DefinedContributionPlanEmploymenteligibilitytoreceivematchingcontributionsminimum
P6M
CY2023 tpx Defined Contribution Plan Percentage Of Eligible Employee Contribution Match First Tier
DefinedContributionPlanPercentageOfEligibleEmployeeContributionMatchFirstTier
1.000
CY2023 tpx Defined Contribution Plan Percentage Of Eligible Employee Contributions Matched Fully First Tier
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CY2023 tpx Defined Contribution Plan Eligible Employee Contribution Match Second Tier
DefinedContributionPlanEligibleEmployeeContributionMatchSecondTier
0.500
CY2023 tpx Defined Contribution Plan Eligible Employee Contribution Matched By Company Second Tier
DefinedContributionPlanEligibleEmployeeContributionMatchedByCompanySecondTier
0.020
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7500000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7500000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7600000 usd
CY2023 us-gaap Multiemployer Plan Pension Significant Employees Covered By Collective Bargaining Arrangement To All Participants Percentage
MultiemployerPlanPensionSignificantEmployeesCoveredByCollectiveBargainingArrangementToAllParticipantsPercentage
0.171
CY2023Q4 tpx Multiemployer Plan Period Contributions Percentage
MultiemployerPlanPeriodContributionsPercentage
0.050
CY2022Q4 tpx Multiemployer Plan Period Contributions Percentage
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0.050
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023 tpx Common Stock Numberof Votes Grantedper Common Share Held
CommonStockNumberofVotesGrantedperCommonShareHeld
1 vote
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
100000 shares
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
18600000 shares
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
19500000 shares
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5000000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
621200000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
801400000 usd
CY2023 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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400000 usd
CY2022 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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2400000 usd
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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2900000 usd
CY2023Q4 tpx Accrued Salariesand Employee Benefits Current
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102100000 usd
CY2022Q4 tpx Accrued Salariesand Employee Benefits Current
AccruedSalariesandEmployeeBenefitsCurrent
78000000.0 usd
CY2023Q4 us-gaap Accrued Advertising Current
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62600000 usd
CY2022Q4 us-gaap Accrued Advertising Current
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64900000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
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53300000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.022
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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21000000.0 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.026
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
48500000 usd
CY2023Q4 us-gaap Taxes Payable Current
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15400000 usd
CY2022Q4 us-gaap Taxes Payable Current
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52100000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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193700000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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189200000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
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427100000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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432700000 usd
CY2023 tpx Share Based Compensation Arrangement By Sharebased Payment Award Numberof Compensation Plans
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CY2023 us-gaap Allocated Share Based Compensation Expense
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47700000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
53100000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
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61400000 usd
CY2022 tpx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Increase Decrease For Performance Adjustments
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CY2022 tpx Share Based Compensation Arrangements By Share Based Payment Award Equity Instruments Other Than Options Increase Decrease For Performance Adjustments Weighted Average Exercise Price
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CY2023 tpx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Increase Decrease For Performance Adjustments
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsIncreaseDecreaseForPerformanceAdjustments
400000 shares
CY2023 tpx Share Based Compensation Arrangements By Share Based Payment Award Equity Instruments Other Than Options Increase Decrease For Performance Adjustments Weighted Average Exercise Price
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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CY2022 tpx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumption Expected Term
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.020
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
18.19
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.06
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5100000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
45200000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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288500000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
382500000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
602500000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
185600000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
194700000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
221500000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
474100000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
577200000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
824000000.0 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
99600000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
121200000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
172900000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9100000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.019
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
12500000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
5800000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.012
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2900000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
4600000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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6400000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.014
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1300000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.002
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4900000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.006
CY2023 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2022 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-19200000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
6500000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.008
CY2023 us-gaap Effective Income Tax Rate Reconciliation Gilti Amount
EffectiveIncomeTaxRateReconciliationGiltiAmount
2700000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
0.006
CY2022 us-gaap Effective Income Tax Rate Reconciliation Gilti Amount
EffectiveIncomeTaxRateReconciliationGiltiAmount
3200000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Gilti Amount
EffectiveIncomeTaxRateReconciliationGiltiAmount
1500000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
0.002
CY2023 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign
EffectiveIncomeTaxRateReconciliationExpirationOfTaxCreditForeign
10600000 usd
CY2023 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign Percent
EffectiveIncomeTaxRateReconciliationExpirationOfTaxCreditForeignPercent
0.022
CY2022 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign
EffectiveIncomeTaxRateReconciliationExpirationOfTaxCreditForeign
1600000 usd
CY2022 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign Percent
EffectiveIncomeTaxRateReconciliationExpirationOfTaxCreditForeignPercent
0.003
CY2021 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign
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0 usd
CY2021 tpx Effective Income Tax Rate Reconciliation Expiration Of Tax Credit Foreign Percent
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-7800000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.016
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-13800000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.024
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-8100000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
12700000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.027
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
14600000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.025
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
5100000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
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CY2023 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
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CY2022 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
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CY2021 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
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CY2023 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
14000000.0 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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CY2022 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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CY2021 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2022 us-gaap Income Tax Expense Benefit
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119000000.0 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
52800000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
95100000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
129500000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
187200000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11100000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
28800000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
31800000 usd
CY2023Q4 tpx Deferred Tax Assets Operating Lease Obligations
DeferredTaxAssetsOperatingLeaseObligations
180600000 usd
CY2022Q4 tpx Deferred Tax Assets Operating Lease Obligations
DeferredTaxAssetsOperatingLeaseObligations
147500000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
64000000.0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
64100000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
42100000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
58000000.0 usd
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10600000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
16500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
4300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
9900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
9700000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
352500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
325700000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
49500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
42300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
303000000.0 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
283400000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
174300000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
174000000.0 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
164500000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
132000000.0 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
56600000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
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CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
19900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
20100000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
415300000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
386100000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
112300000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
102700000 usd
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
40000000.0 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
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CY2023Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
900000 usd
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
40000000 usd
CY2023Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
700000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
2000000 usd
CY2023Q4 us-gaap Accrued Income Taxes
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1600000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45300000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
300000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
200000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1900000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4900000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
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CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
300000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
34000000.0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4500000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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4500000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
17600000 usd
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
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CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
37800000 usd
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
24800000 usd
CY2023Q4 tpx Income Tax Examination Accrued Taxand Interest
IncomeTaxExaminationAccruedTaxandInterest
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
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CY2023Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
30100000 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
456100000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
625200000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172200000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174900000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197000000.0 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5100000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5400000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7300000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177300000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
180300000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204300000 shares
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.14
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.61
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.17
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.08
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.53
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.06
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000 shares
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
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CY2023 tpx Number Of Countries Products Are Sold
NumberOfCountriesProductsAreSold
100 country
CY2023 tpx Number Of Wholesale Customers Products Are Sold To
NumberOfWholesaleCustomersProductsAreSoldTo
10000 customer
CY2023Q4 us-gaap Assets
Assets
4553900000 usd
CY2022Q4 us-gaap Assets
Assets
4359800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
878300000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
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CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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878300000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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