2022 Q2 Form 10-Q Financial Statement
#000173956622000144 Filed on May 12, 2022
Income Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
Revenue | $340.8M | $269.2M |
YoY Change | 26.59% | 11.24% |
Cost Of Revenue | $237.0M | $173.9M |
YoY Change | 36.23% | 10.72% |
Gross Profit | $103.8M | $95.24M |
YoY Change | 8.99% | 12.21% |
Gross Profit Margin | 30.46% | 35.38% |
Selling, General & Admin | $126.7M | $86.66M |
YoY Change | 46.16% | 27.29% |
% of Gross Profit | 122.02% | 90.99% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $22.12M | $19.41M |
YoY Change | 13.98% | 173.34% |
% of Gross Profit | 21.31% | 20.38% |
Operating Expenses | $126.7M | $86.66M |
YoY Change | 46.16% | 27.29% |
Operating Profit | -$22.49M | $9.299M |
YoY Change | -341.82% | -46.71% |
Interest Expense | $9.103M | $10.86M |
YoY Change | -16.19% | 8.75% |
% of Operating Profit | 116.8% | |
Other Income/Expense, Net | -$6.639M | -$31.64M |
YoY Change | -79.02% | 225.29% |
Pretax Income | -$29.13M | -$22.35M |
YoY Change | 30.35% | -389.33% |
Income Tax | $2.800M | $1.000M |
% Of Pretax Income | ||
Net Earnings | -$17.57M | -$22.53M |
YoY Change | -22.01% | -443.85% |
Net Earnings / Revenue | -5.16% | -8.37% |
Basic Earnings Per Share | -$0.22 | -$0.30 |
Diluted Earnings Per Share | -$0.22 | -$0.30 |
COMMON SHARES | ||
Basic Shares Outstanding | 78.57M shares | 75.93M shares |
Diluted Shares Outstanding | 78.57M shares | 75.93M shares |
Balance Sheet
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $14.90M | $4.020M |
YoY Change | 270.62% | 1240.0% |
Cash & Equivalents | $14.90M | $4.020M |
Short-Term Investments | ||
Other Short-Term Assets | $17.04M | $12.28M |
YoY Change | 38.82% | 12176.0% |
Inventory | $93.78M | $67.58M |
Prepaid Expenses | ||
Receivables | $148.4M | $130.6M |
Other Receivables | $6.401M | $5.918M |
Total Short-Term Assets | $280.6M | $220.4M |
YoY Change | 27.29% | 54793.4% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $298.7M | $263.0M |
YoY Change | 13.56% | |
Goodwill | $915.5M | $880.1M |
YoY Change | 4.03% | 324.22% |
Intangibles | $1.130B | $1.167B |
YoY Change | -3.17% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $78.51M | $14.16M |
YoY Change | 454.41% | |
Total Long-Term Assets | $2.442B | $2.347B |
YoY Change | 4.08% | 418.52% |
TOTAL ASSETS | ||
Total Short-Term Assets | $280.6M | $220.4M |
Total Long-Term Assets | $2.442B | $2.347B |
Total Assets | $2.723B | $2.567B |
YoY Change | 6.07% | 466.71% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $105.0M | $64.21M |
YoY Change | 63.46% | 32524.09% |
Accrued Expenses | $53.36M | $49.59M |
YoY Change | 7.61% | 2873.32% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $11.41M | $15.64M |
YoY Change | -27.03% | |
Total Short-Term Liabilities | $182.8M | $129.4M |
YoY Change | 41.22% | 6149.36% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $852.7M | $743.9M |
YoY Change | 14.63% | |
Other Long-Term Liabilities | $100.4M | $141.9M |
YoY Change | -29.25% | 815.37% |
Total Long-Term Liabilities | $1.113B | $960.6M |
YoY Change | 15.87% | 6097.36% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $182.8M | $129.4M |
Total Long-Term Liabilities | $1.113B | $960.6M |
Total Liabilities | $1.296B | $1.090B |
YoY Change | 18.88% | 6121.19% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$254.2M | -$264.0M |
YoY Change | -3.73% | -5381.86% |
Common Stock | $909.1M | $941.0M |
YoY Change | -3.39% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $674.5M | $678.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.723B | $2.567B |
YoY Change | 6.07% | 466.71% |
Cashflow Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$17.57M | -$22.53M |
YoY Change | -22.01% | -443.85% |
Depreciation, Depletion And Amortization | $22.12M | $19.41M |
YoY Change | 13.98% | 173.34% |
Cash From Operating Activities | -$36.00M | -$13.18M |
YoY Change | 173.11% | 4782.59% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $8.137M | $2.134M |
YoY Change | 281.3% | |
Acquisitions | $75.00K | $25.19M |
YoY Change | -99.7% | |
Other Investing Activities | $7.888M | -$21.98M |
YoY Change | -135.89% | |
Cash From Investing Activities | -$249.0K | -$25.31M |
YoY Change | -99.02% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $4.189M | $4.261M |
YoY Change | -1.69% | |
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $9.254M | -$4.317M |
YoY Change | -314.36% | |
NET CHANGE | ||
Cash From Operating Activities | -$36.00M | -$13.18M |
Cash From Investing Activities | -$249.0K | -$25.31M |
Cash From Financing Activities | $9.254M | -$4.317M |
Net Change In Cash | -$27.00M | -$42.81M |
YoY Change | -36.93% | 15755.93% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$36.00M | -$13.18M |
Capital Expenditures | $8.137M | $2.134M |
Free Cash Flow | -$44.14M | -$15.32M |
YoY Change | 188.18% |
Facts In Submission
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ProfitLoss
|
-23349000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
27809000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
822000 | USD |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-4089000 | USD |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-22527000 | USD |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-2362000 | USD |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
0 | USD |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1727000 | USD |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-22527000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1384902000 | USD |
CY2021Q2 | utz |
Stock Issued During Period Value Conversion Of Warrants
StockIssuedDuringPeriodValueConversionOfWarrants
|
111945000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
2883000 | USD |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-23349000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
822000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1477203000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1434673000 | USD |
CY2022Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
6217000 | USD |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
1379000 | USD |
CY2022Q2 | utz |
Adjustment To Additional Paid In Capital Income Tax Impact From Issuance Of Stock
AdjustmentToAdditionalPaidInCapitalIncomeTaxImpactFromIssuanceOfStock
|
1408000 | USD |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-31898000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
27809000 | USD |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1427154000 | USD |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-31898000 | USD |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-23349000 | USD |
CY2022Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3319000 | USD |
CY2021Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | USD |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22121000 | USD |
CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19407000 | USD |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1944000 | USD |
CY2021Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
21501000 | USD |
CY2022Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
367000 | USD |
CY2021Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
719000 | USD |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1379000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2883000 | USD |
CY2022Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1912000 | USD |
CY2021Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1061000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
341000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2870000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
17044000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11176000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
14261000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
7040000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
26000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-866000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
464000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-19487000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-36004000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13183000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
75000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
25189000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8137000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2134000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1200000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1138000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
391000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
4604000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
1450000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
2295000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
2000000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
0 | USD |
CY2022Q2 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
221000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
924000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-249000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25311000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
20000000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
15000000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
8726000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
720000000 | USD |
CY2022Q2 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9066000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
783735000 | USD |
CY2021Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
8372000 | USD |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
6217000 | USD |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
57232000 | USD |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4189000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4261000 | USD |
CY2021Q2 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
181000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
9254000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4317000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-26999000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-42811000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41898000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
46831000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14899000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4020000 | USD |
CY2022Q2 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">– Certain prior year amounts have been reclassified for consistency with the current year presentation. In our Q1 Consolidated Statement of Profit and Loss and Consolidated Statement of Cash flows, we began combining gain on disposal of property, plant and equipment, net and gain on sale of routes, net, into one line item as gain on sale of assets to simplify our reporting presentation. The reclassification had no impact on total operating costs, earnings from operations, net earnings, earnings per share or total equity.</span> | |
CY2022Q2 | utz |
Promotional Program Reserve
PromotionalProgramReserve
|
26300000 | USD |
CY2022Q1 | utz |
Promotional Program Reserve
PromotionalProgramReserve
|
26500000 | USD |
CY2022Q2 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
23000000 | USD |
CY2022Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – Management uses estimates and assumptions in preparing the consolidated financial statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Some examples, but not a comprehensive list, include sales and promotional allowances, customer returns, allowances for doubtful accounts, inventory valuations, useful lives of fixed assets and related impairment, long-term investments, hedge transactions, goodwill and intangible asset valuations and impairments, incentive compensation, income taxes, self-insurance, contingencies, litigation, and inputs used to calculate deferred tax liabilities, tax valuation allowances, and tax receivable agreements. Actual results could vary materially from the estimates that were used.</span> | |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
53166000 | USD |
CY2022Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
43533000 | USD |
CY2022Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
33599000 | USD |
CY2022Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
29428000 | USD |
CY2022Q2 | us-gaap |
Other Inventories Spare Parts
OtherInventoriesSpareParts
|
7013000 | USD |
CY2022Q1 | us-gaap |
Other Inventories Spare Parts
OtherInventoriesSpareParts
|
6556000 | USD |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
93778000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
79517000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
365232000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
359055000 | USD |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
66576000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
55248000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
298656000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
303807000 | USD |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
12400000 | USD |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
9900000 | USD |
CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
915438000 | USD |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
915490000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
741780000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
744044000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
54401000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
45224000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
687379000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
698820000 | USD |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1130208000 | USD |
CY2022Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1142509000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9400000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9500000 | USD |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
15183000 | USD |
CY2022Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
20081000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
10742000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9152000 | USD |
CY2022Q2 | utz |
Accrued Freight And Manufacturing Current
AccruedFreightAndManufacturingCurrent
|
8817000 | USD |
CY2022Q1 | utz |
Accrued Freight And Manufacturing Current
AccruedFreightAndManufacturingCurrent
|
8928000 | USD |
CY2021Q2 | utz |
Purchase Commitment Losses
PurchaseCommitmentLosses
|
0 | USD |
CY2022Q2 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
7779000 | USD |
CY2022Q1 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
8620000 | USD |
CY2022Q2 | utz |
Accrued Business Combination Transaction Fees Current
AccruedBusinessCombinationTransactionFeesCurrent
|
1594000 | USD |
CY2022Q1 | utz |
Accrued Business Combination Transaction Fees Current
AccruedBusinessCombinationTransactionFeesCurrent
|
5660000 | USD |
CY2022Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
494000 | USD |
CY2022Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
371000 | USD |
CY2022Q2 | utz |
Short Term Interest Rate Hedge Liability Accrued
ShortTermInterestRateHedgeLiabilityAccrued
|
150000 | USD |
CY2022Q1 | utz |
Short Term Interest Rate Hedge Liability Accrued
ShortTermInterestRateHedgeLiabilityAccrued
|
4548000 | USD |
CY2022Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
CY2022Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
4189000 | USD |
CY2022Q2 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
0 | USD |
CY2022Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
1300000 | USD |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
8597000 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
8431000 | USD |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
53356000 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
71280000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
24445000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
23226000 | USD |
CY2022Q2 | utz |
Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
|
24336000 | USD |
CY2022Q1 | utz |
Tax Receivable Agreement Noncurrent
TaxReceivableAgreementNoncurrent
|
24443000 | USD |
CY2022Q2 | utz |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Retirement And Salary Continuation Plans
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRetirementAndSalaryContinuationPlans
|
7245000 | USD |
CY2022Q1 | utz |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Retirement And Salary Continuation Plans
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRetirementAndSalaryContinuationPlans
|
8117000 | USD |
CY2022Q2 | utz |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccrued
|
83000 | USD |
CY2022Q1 | utz |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Accrued
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAccrued
|
52000 | USD |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
|
56109000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
|
55838000 | USD |
CY2022Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
7588000 | USD |
CY2022Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
7929000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
864136000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
841962000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
11414000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
11414000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
852722000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
830548000 | USD |
CY2022Q2 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
23000000 | USD |
CY2022Q1 | utz |
Distribution Rights Reclamation Liability Outstanding
DistributionRightsReclamationLiabilityOutstanding
|
1300000 | USD |
CY2022Q2 | utz |
Distribution Rights Reclamation Liability Outstanding
DistributionRightsReclamationLiabilityOutstanding
|
1300000 | USD |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
8229000 | USD |
CY2022Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
8166000 | USD |
CY2022Q2 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
8331000 | USD |
CY2021Q2 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
7574000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
341000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
2870000 | USD |
CY2022Q2 | utz |
Interest Only Loans
InterestOnlyLoans
|
431000 | USD |
CY2021Q2 | utz |
Interest Only Loans
InterestOnlyLoans
|
417000 | USD |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
9103000 | USD |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
10861000 | USD |
CY2022Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
46224000 | USD |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1944000 | USD |
CY2022Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
44280000 | USD |
CY2022Q2 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
46300000 | USD |
CY2022Q2 | utz |
Purchase Commitment Losses
PurchaseCommitmentLosses
|
0 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
900000 | USD |
CY2022Q2 | utz |
Accumulated Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
AccumulatedOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
31500000 | USD |
CY2022Q1 | utz |
Accumulated Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
AccumulatedOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3700000 | USD |
CY2022Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9627000 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9787000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
4075000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
182000 | USD |
CY2022Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
107000 | USD |
CY2021Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4189000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4261000 | USD |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2800000 | USD |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1000000 | USD |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.095 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.045 | |
CY2022Q2 | utz |
Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
|
-0.072 | |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
500000 | USD |
CY2022Q2 | utz |
Business Combination Consideration Transferred Tax Receivable Agreement
BusinessCombinationConsiderationTransferredTaxReceivableAgreement
|
24500000 | USD |
CY2022 | utz |
Business Combination Consideration Transferred Tax Receivable Agreement
BusinessCombinationConsiderationTransferredTaxReceivableAgreement
|
24600000 | USD |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1900000 | USD |
CY2021Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
21500000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-17570000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-22529000 | USD |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
78572404 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
75927005 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.30 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.30 | |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1999835 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5693633 | shares |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-14328000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-820000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-14300000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-800000 | USD |