2022 Q2 Form 10-Q Financial Statement

#000100865422000045 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $340.4M $348.1M $394.9M
YoY Change -18.29% -15.9% -11.91%
Cost Of Revenue $119.7M $126.1M $154.0M
YoY Change -8.42% 4.82% -0.96%
Gross Profit $220.7M $222.0M $240.9M
YoY Change -22.81% -24.39% -21.17%
Gross Profit Margin 64.84% 63.77% 61.0%
Selling, General & Admin $186.9M $203.4M $206.6M
YoY Change -10.49% -8.05% -21.92%
% of Gross Profit 84.69% 91.62% 85.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.000M $10.70M $10.50M
YoY Change 1.12% 9.18% -2.78%
% of Gross Profit 4.08% 4.82% 4.36%
Operating Expenses $186.9M $203.4M $206.7M
YoY Change -10.49% -8.05% -21.94%
Operating Profit $24.80M $17.50M $34.20M
YoY Change -65.56% -77.27% -16.18%
Interest Expense $6.000M $4.600M -$5.300M
YoY Change -38.14% -61.02% -30.26%
% of Operating Profit 24.19% 26.29% -15.5%
Other Income/Expense, Net -$700.0K -$4.300M $2.500M
YoY Change -22.22% -430.77% -105.14%
Pretax Income $19.30M $9.300M $29.80M
YoY Change -65.35% -85.63% -62.89%
Income Tax $14.80M $6.800M $10.40M
% Of Pretax Income 76.68% 73.12% 34.9%
Net Earnings $1.200M -$100.0K $23.80M
YoY Change -96.63% -100.22% 9.17%
Net Earnings / Revenue 0.35% -0.03% 6.03%
Basic Earnings Per Share $0.03 $0.00 $0.40
Diluted Earnings Per Share $0.02 $0.00 $0.37
COMMON SHARES
Basic Shares Outstanding 45.50M shares 48.00M shares 48.88M shares
Diluted Shares Outstanding 48.30M shares 51.30M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $118.8M $245.6M $267.2M
YoY Change 10.72% 58.66% 92.09%
Cash & Equivalents $118.8M $245.6M $267.2M
Short-Term Investments
Other Short-Term Assets $33.00M $30.30M $30.70M
YoY Change 29.41% 6.69% 1.99%
Inventory $244.1M $246.2M $232.2M
Prepaid Expenses
Receivables $81.30M $86.50M $86.20M
Other Receivables $37.80M $31.20M $31.90M
Total Short-Term Assets $515.0M $639.8M $648.2M
YoY Change -9.74% 8.0% 18.7%
LONG-TERM ASSETS
Property, Plant & Equipment $153.2M $159.3M $160.9M
YoY Change -21.48% -18.18% -14.73%
Goodwill $40.30M $42.20M $42.70M
YoY Change -25.09% -22.0% -20.93%
Intangibles $8.800M $9.900M $10.60M
YoY Change -19.27% -10.0% -8.62%
Long-Term Investments
YoY Change
Other Assets $100.9M $98.60M $97.20M
YoY Change 13.12% 7.41% 1.89%
Total Long-Term Assets $590.9M $603.6M $607.2M
YoY Change -5.27% -4.87% -9.88%
TOTAL ASSETS
Total Short-Term Assets $515.0M $639.8M $648.2M
Total Long-Term Assets $590.9M $603.6M $607.2M
Total Assets $1.106B $1.243B $1.255B
YoY Change -7.41% 1.34% 2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.20M $105.3M $123.3M
YoY Change -15.77% -4.27% 6.02%
Accrued Expenses $261.4M $260.1M $287.9M
YoY Change -20.11% -25.15% -9.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $12.40M $10.60M $8.900M
YoY Change -97.36% -97.66% -97.9%
Total Short-Term Liabilities $387.7M $508.1M $555.9M
YoY Change -57.5% -44.16% -38.89%
LONG-TERM LIABILITIES
Long-Term Debt $688.2M $799.2M $700.5M
YoY Change 315.83% 251.3% 170.88%
Other Long-Term Liabilities $123.5M $127.9M $131.0M
YoY Change -24.7% -27.0% -25.69%
Total Long-Term Liabilities $123.5M $127.9M $131.0M
YoY Change -24.7% -27.0% -25.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $387.7M $508.1M $555.9M
Total Long-Term Liabilities $123.5M $127.9M $131.0M
Total Liabilities $1.265B $1.510B $1.463B
YoY Change -3.23% 9.37% 2.66%
SHAREHOLDERS EQUITY
Retained Earnings $1.117B $1.125B $1.139B
YoY Change -7.11% -5.34% -1.91%
Common Stock $600.0K $600.0K $600.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $914.8M $915.5M $876.1M
YoY Change 6.96% 4.34% -2.28%
Treasury Stock Shares 19.14M shares 17.86M shares 14.73M shares
Shareholders Equity -$159.1M -$266.1M -$207.1M
YoY Change
Total Liabilities & Shareholders Equity $1.106B $1.243B $1.255B
YoY Change -7.41% 1.34% 2.91%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $1.200M -$100.0K $23.80M
YoY Change -96.63% -100.22% 9.17%
Depreciation, Depletion And Amortization $9.000M $10.70M $10.50M
YoY Change 1.12% 9.18% -2.78%
Cash From Operating Activities -$21.10M -$41.20M $59.20M
YoY Change -240.67% 202.94% 9.02%
INVESTING ACTIVITIES
Capital Expenditures -$9.600M $6.000M -$10.00M
YoY Change -3.03% -18.92% 38.89%
Acquisitions
YoY Change
Other Investing Activities $7.500M $400.0K $78.10M
YoY Change 837.5% -99.01% 82.9%
Cash From Investing Activities -$2.100M -$5.600M $68.10M
YoY Change -76.92% -116.97% 91.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $75.00M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -102.1M $28.90M 18.20M
YoY Change 94.11% -1032.26% -117.69%
NET CHANGE
Cash From Operating Activities -21.10M -41.20M 59.20M
Cash From Investing Activities -2.100M -5.600M 68.10M
Cash From Financing Activities -102.1M $28.90M 18.20M
Net Change In Cash -125.3M -$20.80M 145.5M
YoY Change 168.31% -270.49% -1210.69%
FREE CASH FLOW
Cash From Operating Activities -$21.10M -$41.20M $59.20M
Capital Expenditures -$9.600M $6.000M -$10.00M
Free Cash Flow -$11.50M -$47.20M $69.20M
YoY Change -146.18% 124.76% 12.52%

Facts In Submission

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the Condensed Consolidated Financial Statements, as well as the reported amounts of net sales and expenses during the reporting period. Actual results could differ materially from these estimates.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Economic Uncertainties</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the second quarter ended June 25, 2022, the Company's business activities continued to be impacted by the Coronavirus pandemic (“COVID-19”), most notably in China, where lockdowns persisted and have only recently been lifted. In addition, the Company's business activities, particularly in Europe, continued to experience volatility and were impacted by lower consumer sentiment, higher inflation, and higher gas prices. As a result, many of the Company's estimates and assumptions require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the Company's estimates may change materially in future periods.</span></div>
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CY2020Q4 us-gaap Restructuring Reserve
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us-gaap Restructuring Charges
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8500000 usd
CY2021 us-gaap Restructuring Charges
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14800000 usd
us-gaap Restructuring Reserve Translation Adjustment
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CY2021 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-400000 usd
CY2022Q2 us-gaap Restructuring Reserve
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13800000 usd
CY2021Q4 us-gaap Restructuring Reserve
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12900000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations
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4500000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
31900000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
7000000.0 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.767
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.427
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.755
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.370
CY2022Q2 us-gaap Unrecognized Tax Benefits
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31400000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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31000000.0 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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25400000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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25400000 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3300000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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3300000 usd
us-gaap Income Loss From Continuing Operations
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75900000 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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3700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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5000000.0 usd
CY2022Q2 us-gaap Net Income Loss
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1200000 usd
CY2021Q2 us-gaap Net Income Loss
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35600000 usd
us-gaap Net Income Loss
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1100000 usd
us-gaap Net Income Loss
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80900000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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45500000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49600000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2800000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3100000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3400000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48300000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53000000.0 shares
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.10
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
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0.15
us-gaap Income Loss From Continuing Operations Per Basic Share
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1.53
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.07
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.10
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CY2021Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.14
us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.43
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.07
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.53
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2900000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2800000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2700000 shares
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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100000 usd
tup Gain Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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tup Gain Loss Reclassification Adjustment From Aoci On Derivatives Tax
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tup Gain Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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100000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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1400000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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300000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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1200000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q2 us-gaap Restricted Cash
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7900000 usd
CY2021Q4 us-gaap Restricted Cash
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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126700000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
273800000 usd
CY2022Q2 us-gaap Accounts Receivable Gross Current
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104100000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
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117300000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
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22800000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q2 us-gaap Accounts Receivable Net Current
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81300000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
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86200000 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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181200000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
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33100000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
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28400000 usd
CY2022Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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27000000.0 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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22600000 usd
CY2022Q2 us-gaap Inventory Net
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244100000 usd
CY2021Q4 us-gaap Inventory Net
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232200000 usd
CY2022Q2 us-gaap Change In Unrealized Gain Loss On Foreign Currency Fair Value Hedging Instruments1
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CY2022Q2 us-gaap Notes Receivable Gross
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CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
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25600000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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us-gaap Provision For Loan Lease And Other Losses
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2800000 usd
us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
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CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
26700000 usd
CY2022Q2 us-gaap Notes Receivable Net
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4500000 usd
CY2021Q4 us-gaap Notes Receivable Gross
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33300000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25600000 usd
CY2021Q3 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
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CY2021Q3 us-gaap Disposal Group Including Discontinued Operation Foreign Currency Translation Gains Losses
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140400000 usd
CY2021Q2 us-gaap Change In Unrealized Gain Loss On Foreign Currency Fair Value Hedging Instruments1
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1300000 usd
us-gaap Change In Unrealized Gain Loss On Foreign Currency Fair Value Hedging Instruments1
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us-gaap Change In Unrealized Gain Loss On Foreign Currency Fair Value Hedging Instruments1
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2400000 usd
CY2022Q2 tup Other Comprehensive Income Lossimpactfrom Net Investment Hedging Forward Points
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CY2021Q2 tup Other Comprehensive Income Lossimpactfrom Net Investment Hedging Forward Points
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tup Other Comprehensive Income Lossimpactfrom Net Investment Hedging Forward Points
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1600000 usd
tup Other Comprehensive Income Lossimpactfrom Net Investment Hedging Forward Points
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CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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1600000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
1600000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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CY2022Q2 us-gaap Derivative Fair Value Of Derivative Net
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3000000.0 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
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1200000 usd
CY2022Q2 us-gaap Deferred Revenue
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8700000 usd
CY2021Q4 us-gaap Deferred Revenue
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4500000 usd
CY2022Q2 us-gaap Finance Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability
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1800000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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2600000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2900000 usd
CY2022Q2 us-gaap Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Debt And Capital Lease Obligations
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CY2022Q2 us-gaap Debt Current
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CY2021Q4 us-gaap Debt Current
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8900000 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
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688200000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
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700500000 usd
CY2022Q2 us-gaap Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Debt And Capital Lease Obligations
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CY2022Q2 us-gaap Operating Lease Expense
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8900000 usd
CY2021Q2 us-gaap Operating Lease Expense
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7900000 usd
us-gaap Operating Lease Expense
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16400000 usd
us-gaap Operating Lease Expense
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17600000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
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200000 usd
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 usd
CY2022Q2 tup Finance Leasecost
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200000 usd
CY2021Q2 tup Finance Leasecost
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100000 usd
tup Finance Leasecost
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300000 usd
tup Finance Leasecost
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300000 usd
CY2022Q2 us-gaap Short Term Lease Cost
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1400000 usd
CY2021Q2 us-gaap Short Term Lease Cost
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500000 usd
CY2022Q2 us-gaap Variable Lease Cost
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500000 usd
CY2021Q2 us-gaap Variable Lease Cost
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300000 usd
CY2021Q4 us-gaap Operating Lease Liability
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77000000.0 usd
us-gaap Operating Lease Payments
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17200000 usd
us-gaap Operating Lease Payments
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17200000 usd
us-gaap Finance Lease Principal Payments
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us-gaap Finance Lease Principal Payments
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700000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2000000.0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
75600000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
74700000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
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20800000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19700000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
57100000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
57300000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
77900000 usd
CY2022Q2 tup Finance Lease Gross Ppe
FinanceLeaseGrossPPE
17000000.0 usd
CY2021Q4 tup Finance Lease Gross Ppe
FinanceLeaseGrossPPE
18100000 usd
CY2022Q2 tup Finance Lease Accumulated Amortization Rou
FinanceLeaseAccumulatedAmortizationROU
11400000 usd
CY2021Q4 tup Finance Lease Accumulated Amortization Rou
FinanceLeaseAccumulatedAmortizationROU
11800000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5600000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6300000 usd
CY2022Q2 us-gaap Finance Lease Liability Current
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CY2021Q4 us-gaap Finance Lease Liability Current
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1400000 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
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CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
400000 usd
CY2022Q2 us-gaap Finance Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
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CY2022Q2 tup Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
31100000 usd
CY2022Q2 tup Finance Lease Liability To Be Paid After Year Four
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CY2021Q4 us-gaap Finance Lease Liability
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1800000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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14900000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1000000.0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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25700000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1400000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
20600000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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17900000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
400000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
15300000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13300000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8600000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7500000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6100000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5300000 usd
CY2021Q4 tup Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
27000000.0 usd
CY2021Q4 tup Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
96600000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
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1000000.0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
96700000 usd
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1800000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18700000 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
19700000 usd
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
77900000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1000000.0 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
77000000.0 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1800000 usd
tup Defined Benefit Plan Amortization
DefinedBenefitPlanAmortization
400000 usd
tup Defined Benefit Plan Amortization
DefinedBenefitPlanAmortization
2800000 usd
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
702200000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
710500000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
340400000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
416600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
688500000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
830500000 usd
CY2022Q2 tup Segment Operating Profit
SegmentOperatingProfit
50400000 usd
CY2021Q2 tup Segment Operating Profit
SegmentOperatingProfit
88100000 usd
tup Segment Operating Profit
SegmentOperatingProfit
87700000 usd
tup Segment Operating Profit
SegmentOperatingProfit
180800000 usd
CY2022Q2 tup Unallocated Expenses
UnallocatedExpenses
16600000 usd
CY2021Q2 tup Unallocated Expenses
UnallocatedExpenses
11000000.0 usd
tup Unallocated Expenses
UnallocatedExpenses
35300000 usd
tup Unallocated Expenses
UnallocatedExpenses
31300000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
7000000.0 usd
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
4700000 usd
us-gaap Restructuring Charges
RestructuringCharges
8500000 usd
us-gaap Restructuring Charges
RestructuringCharges
7800000 usd
CY2022Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-2000000.0 usd
CY2021Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-400000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1600000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7300000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6000000.0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8100000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
6000000.0 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
9700000 usd
us-gaap Interest Expense
InterestExpense
10600000 usd
us-gaap Interest Expense
InterestExpense
21500000 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1200000 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
300000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1900000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
600000 usd
CY2022Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
700000 usd
CY2021Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
900000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
5000000.0 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-400000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19300000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55700000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28600000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
120400000 usd
CY2022Q2 tup Assets From Continuing Operations
AssetsFromContinuingOperations
1105900000 usd
CY2021Q4 tup Assets From Continuing Operations
AssetsFromContinuingOperations
1255400000 usd

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