2024 Q2 Form 10-Q Financial Statement

#000120626424000096 Filed on May 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $1.234B $1.189B
YoY Change -2.84% -1.55%
Cost Of Revenue $679.4M $676.8M
YoY Change -6.6% -4.43%
Gross Profit $554.2M $512.6M
YoY Change 2.19% 2.54%
Gross Profit Margin 44.93% 43.1%
Selling, General & Admin $384.0M $386.0M
YoY Change -0.95% 6.87%
% of Gross Profit 69.29% 75.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.00M $48.40M
YoY Change 53.37% 8.52%
% of Gross Profit 9.02% 9.44%
Operating Expenses $384.0M $386.0M
YoY Change -0.95% 6.87%
Operating Profit $173.3M $131.5M
YoY Change 12.1% -8.23%
Interest Expense -$30.30M $34.30M
YoY Change 3.06% 4.57%
% of Operating Profit -17.48% 26.08%
Other Income/Expense, Net -$32.80M -$34.00M
YoY Change -16500.0% 3.34%
Pretax Income $140.5M $97.50M
YoY Change 12.04% -11.68%
Income Tax $34.00M $20.70M
% Of Pretax Income 24.2% 21.23%
Net Earnings $106.1M $76.30M
YoY Change 14.83% -10.55%
Net Earnings / Revenue 8.6% 6.41%
Basic Earnings Per Share $0.61 $0.44
Diluted Earnings Per Share $0.60 $0.43
COMMON SHARES
Basic Shares Outstanding 173.6M shares 173.6M shares
Diluted Shares Outstanding 178.0M shares 178.0M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $95.80M $92.50M
YoY Change -5.89% 1.65%
Cash & Equivalents $95.80M $92.50M
Short-Term Investments
Other Short-Term Assets $84.50M $96.20M
YoY Change -42.48% -36.46%
Inventory $507.4M $489.6M
Prepaid Expenses
Receivables $474.0M $483.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.162B $1.162B
YoY Change -7.37% -8.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.486B $1.496B
YoY Change 4.74% 7.88%
Goodwill $1.076B $1.077B
YoY Change -0.45% 0.69%
Intangibles $708.2M $710.3M
YoY Change -1.31% -0.6%
Long-Term Investments
YoY Change
Other Assets $131.5M $125.5M
YoY Change 32.43% 51.02%
Total Long-Term Assets $3.416B $3.424B
YoY Change 3.0% 4.82%
TOTAL ASSETS
Total Short-Term Assets $1.162B $1.162B
Total Long-Term Assets $3.416B $3.424B
Total Assets $4.578B $4.586B
YoY Change 0.16% 1.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $353.3M $345.2M
YoY Change -2.56% -6.22%
Accrued Expenses $415.2M $434.2M
YoY Change -26.85% -1.72%
Deferred Revenue $65.50M $74.90M
YoY Change 11.39% 9.18%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $48.40M $47.30M
YoY Change -34.24% -36.08%
Total Short-Term Liabilities $957.8M $958.2M
YoY Change -4.86% -6.32%
LONG-TERM LIABILITIES
Long-Term Debt $2.438B $2.526B
YoY Change -9.95% -8.76%
Other Long-Term Liabilities $81.40M $80.60M
YoY Change -86.24% -3.93%
Total Long-Term Liabilities $81.40M $80.60M
YoY Change -97.53% -3.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $957.8M $958.2M
Total Long-Term Liabilities $81.40M $80.60M
Total Liabilities $4.157B $4.250B
YoY Change -6.21% -5.41%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $411.8M $326.6M
YoY Change
Total Liabilities & Shareholders Equity $4.578B $4.586B
YoY Change 0.16% 1.07%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $106.1M $76.30M
YoY Change 14.83% -10.55%
Depreciation, Depletion And Amortization $50.00M $48.40M
YoY Change 53.37% 8.52%
Cash From Operating Activities $150.6M $130.2M
YoY Change -0.07% 30.46%
INVESTING ACTIVITIES
Capital Expenditures $28.50M $31.50M
YoY Change -52.97% -39.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$300.0K
YoY Change -100.0% 200.0%
Cash From Investing Activities -$28.50M -$31.20M
YoY Change -52.74% -40.0%
FINANCING ACTIVITIES
Cash Dividend Paid $24.90M
YoY Change 19.71%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -117.1M -$77.90M
YoY Change 41.08% 174.3%
NET CHANGE
Cash From Operating Activities 150.6M $130.2M
Cash From Investing Activities -28.50M -$31.20M
Cash From Financing Activities -117.1M -$77.90M
Net Change In Cash 5.000M $17.60M
YoY Change -32.43% -18.52%
FREE CASH FLOW
Cash From Operating Activities $150.6M $130.2M
Capital Expenditures $28.50M $31.50M
Free Cash Flow $122.1M $98.70M
YoY Change 35.52% 106.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10800000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
8900000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34700000 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
676800000 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
708200000 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
512600000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
499900000 usd
CY2024Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
265000000.0 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
256700000 usd
CY2024Q1 tpx General Administrative And Other Expenses
GeneralAdministrativeAndOtherExpenses
121000000.0 usd
CY2023Q1 tpx General Administrative And Other Expenses
GeneralAdministrativeAndOtherExpenses
104500000 usd
CY2024Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4900000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4600000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
131500000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
143300000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
34300000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
32800000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-34000000.0 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-32900000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
97500000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
110400000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20700000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24500000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
76800000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
85900000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
500000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
600000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
76300000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
85300000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173600000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172000000.0 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178000000.0 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176800000 shares
CY2024Q1 us-gaap Profit Loss
ProfitLoss
76800000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
85900000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15500000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14900000 usd
CY2024Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-300000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15800000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
14900000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
61000000.0 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
100800000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
500000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
600000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60500000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
100200000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
92500000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
74900000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
483600000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
431400000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
489600000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
483100000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
96200000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
113800000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
1161900000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1103200000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
875800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
878300000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
1077200000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1083300000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
710300000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
714800000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
619700000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
636500000 usd
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
15400000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
15600000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
125500000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
122200000 usd
CY2024Q1 us-gaap Assets
Assets
4585800000 usd
CY2023Q4 us-gaap Assets
Assets
4553900000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
345200000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
311300000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
434200000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
427100000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
121500000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
119600000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
47300000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
44900000 usd
CY2024Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10000000.0 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5300000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
958200000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
908200000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2526400000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2527000000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
558000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
574800000 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
127200000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
127900000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
80600000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
82600000 usd
CY2024Q1 us-gaap Liabilities
Liabilities
4250400000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
4220500000 usd
CY2024Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
8800000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
10000000.0 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
326600000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
323400000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4585800000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4553900000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
10000000.0 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
323400000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
76300000 usd
CY2024Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
500000 usd
CY2024Q1 tpx Temporary Equity Dividend Distribution Non Controlling Interest In Subsidiary
TemporaryEquityDividendDistributionNonControllingInterestInSubsidiary
1700000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
300000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15500000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
300000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
23000000.0 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2024Q1 tpx Treasury Stock Value Acquired Release Of Stock Units
TreasuryStockValueAcquiredReleaseOfStockUnits
43800000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9200000 usd
CY2024Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
8800000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
326600000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
9800000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
85300000 usd
CY2023Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
600000 usd
CY2023Q1 tpx Temporary Equity Dividend Distribution Non Controlling Interest In Subsidiary
TemporaryEquityDividendDistributionNonControllingInterestInSubsidiary
1500000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14900000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
800000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.11
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
19300000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5000000.0 usd
CY2023Q1 tpx Treasury Stock Value Acquired Release Of Stock Units
TreasuryStockValueAcquiredReleaseOfStockUnits
30700000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
76800000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
85900000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
39200000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
33800000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9200000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
10800000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1000000.0 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3800000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1700000 usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
100000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
700000 usd
CY2024Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4900000 usd
CY2023Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1500000 usd
CY2024Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4900000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4600000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-100000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
800000 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-100000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
30200000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
130200000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
99800000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31500000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52100000 usd
CY2024Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-300000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-100000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-31200000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52000000.0 usd
CY2024Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
478100000 usd
CY2023Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
509800000 usd
CY2024Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
481800000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
477400000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
300000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
800000 usd
CY2024Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
43800000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
35700000 usd
CY2024Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
24900000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
20800000 usd
CY2024Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5800000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5100000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-77900000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28400000 usd
CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3500000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2200000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17600000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21600000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74900000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69400000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92500000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91000000.0 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
20300000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
19500000 usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13200000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11300000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
96800000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
92100000 usd
CY2024Q1 tpx Numberof Products Sales Channels
NumberofProductsSalesChannels
2 channel
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
350700000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
335400000 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
14800000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
16500000 usd
CY2024Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
124100000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
131200000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
489600000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
483100000 usd
CY2024Q1 tpx Long Term Debt And Lease Obligation Gross
LongTermDebtAndLeaseObligationGross
2594400000 usd
CY2023Q4 tpx Long Term Debt And Lease Obligation Gross
LongTermDebtAndLeaseObligationGross
2593600000 usd
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20700000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21700000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
44900000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2526400000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2527000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
66900000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3800000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1800000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
68900000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1083300000 usd
CY2024Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-6100000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
1077200000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2573700000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2571900000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
47300000 usd
CY2024Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
100000 shares
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5000000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15500000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14900000 usd
CY2024Q1 tpx Accrued Salariesand Employee Benefits Current
AccruedSalariesandEmployeeBenefitsCurrent
81100000 usd
CY2023Q4 tpx Accrued Salariesand Employee Benefits Current
AccruedSalariesandEmployeeBenefitsCurrent
102100000 usd
CY2024Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
74900000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
53300000 usd
CY2024Q1 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
45000000.0 usd
CY2023Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
62600000 usd
CY2024Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
24400000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
15400000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
208800000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
193700000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
434200000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
427100000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9200000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10800000 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
512600000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.212
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2024Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
76300000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
85300000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173600000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172000000.0 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4400000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4800000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178000000.0 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176800000 shares
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.44
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.50
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.43
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.48
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000 shares
CY2024Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2024Q1 us-gaap Assets
Assets
4585800000 usd
CY2023Q4 us-gaap Assets
Assets
4553900000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
875800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
878300000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
619700000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
636500000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1189400000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
131500000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
97500000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48400000 usd
CY2024Q1 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
31500000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1208100000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
499900000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
143300000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
110400000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
44600000 usd
CY2023Q1 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
52100000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
875800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
878300000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
619700000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
636500000 usd
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false

Files In Submission

Name View Source Status
0001206264-24-000096-index-headers.html Edgar Link pending
0001206264-24-000096-index.html Edgar Link pending
0001206264-24-000096.txt Edgar Link pending
0001206264-24-000096-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tpx-20240331.htm Edgar Link pending
tpx-20240331.xsd Edgar Link pending
tpx-20240331exhibit311.htm Edgar Link pending
tpx-20240331exhibit312.htm Edgar Link pending
tpx-20240331exhibit321.htm Edgar Link pending
tpx-20240331_def.xml Edgar Link unprocessable
tpx-20240331_lab.xml Edgar Link unprocessable
tpx-20240331_pre.xml Edgar Link unprocessable
tpx-20240331_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
tpx-20240331_cal.xml Edgar Link unprocessable