2023 Q3 Form 10-Q Financial Statement
#000162828023026777 Filed on August 02, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $1.743B | $1.734B |
YoY Change | 17.66% | 23.92% |
Cost Of Revenue | $1.115B | $1.140B |
YoY Change | 6.01% | 10.92% |
Gross Profit | $627.6M | $594.0M |
YoY Change | 46.19% | 59.89% |
Gross Profit Margin | 36.02% | 34.25% |
Selling, General & Admin | $327.2M | $327.6M |
YoY Change | 10.84% | 13.91% |
% of Gross Profit | 52.14% | 55.15% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $68.20M | $67.30M |
YoY Change | -9.91% | -12.6% |
% of Gross Profit | 10.87% | 11.33% |
Operating Expenses | $327.2M | $371.6M |
YoY Change | -6.67% | 29.21% |
Operating Profit | $250.9M | $222.4M |
YoY Change | 218.81% | 748.85% |
Interest Expense | $43.50M | -$100.4M |
YoY Change | -189.14% | -400.6% |
% of Operating Profit | 17.34% | -45.14% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $145.8M | $112.9M |
YoY Change | 364.33% | 256.15% |
Income Tax | $51.70M | $29.70M |
% Of Pretax Income | 35.46% | 26.31% |
Net Earnings | $94.10M | $83.20M |
YoY Change | 343.87% | 309.85% |
Net Earnings / Revenue | 5.4% | 4.8% |
Basic Earnings Per Share | $0.25 | $0.22 |
Diluted Earnings Per Share | $0.24 | $0.22 |
COMMON SHARES | ||
Basic Shares Outstanding | 380.5M shares | 379.7M shares |
Diluted Shares Outstanding | 388.2M shares | 382.4M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $500.0M | $274.9M |
YoY Change | 93.8% | 41.41% |
Cash & Equivalents | $500.0M | $274.9M |
Short-Term Investments | ||
Other Short-Term Assets | $178.6M | $160.6M |
YoY Change | 6.5% | 8.22% |
Inventory | $921.7M | $920.2M |
Prepaid Expenses | ||
Receivables | $2.021B | $2.023B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $3.621B | $3.378B |
YoY Change | 21.76% | 20.07% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $508.6M | $663.4M |
YoY Change | 9.14% | 40.02% |
Goodwill | $1.284B | $1.299B |
YoY Change | 2.97% | 1.21% |
Intangibles | $1.674B | $1.747B |
YoY Change | -7.08% | -9.3% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $122.5M | $168.7M |
YoY Change | -63.79% | -39.92% |
Total Long-Term Assets | $3.793B | $3.878B |
YoY Change | -1.55% | -3.37% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.621B | $3.378B |
Total Long-Term Assets | $3.793B | $3.878B |
Total Assets | $7.414B | $7.257B |
YoY Change | 8.6% | 6.29% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $931.9M | $941.9M |
YoY Change | 5.55% | 8.61% |
Accrued Expenses | $555.4M | $538.4M |
YoY Change | -38.31% | -41.27% |
Deferred Revenue | $543.3M | $520.0M |
YoY Change | 94.94% | 84.79% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% |
Long-Term Debt Due | $21.80M | $21.80M |
YoY Change | 0.0% | 0.0% |
Total Short-Term Liabilities | $2.102B | $2.056B |
YoY Change | 14.31% | 12.91% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.923B | $2.927B |
YoY Change | -9.33% | -6.1% |
Other Long-Term Liabilities | $231.6M | $430.9M |
YoY Change | -32.99% | 25.96% |
Total Long-Term Liabilities | $3.155B | $3.358B |
YoY Change | -11.62% | -2.93% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.102B | $2.056B |
Total Long-Term Liabilities | $3.155B | $3.358B |
Total Liabilities | $5.700B | $5.599B |
YoY Change | 2.53% | 2.25% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$915.0M | -$1.009B |
YoY Change | -21.49% | -14.96% |
Common Stock | $0.00 | $0.00 |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.714B | $1.658B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.414B | $7.257B |
YoY Change | 8.6% | 6.29% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $94.10M | $83.20M |
YoY Change | 343.87% | 309.85% |
Depreciation, Depletion And Amortization | $68.20M | $67.30M |
YoY Change | -9.91% | -12.6% |
Cash From Operating Activities | $248.7M | $253.6M |
YoY Change | 5552.27% | -223.29% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $27.40M | $26.30M |
YoY Change | -210.48% | -198.5% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $0.00 |
YoY Change | -100.0% | |
Cash From Investing Activities | -$27.40M | -$26.30M |
YoY Change | 10.48% | -17.03% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 7.200M | -225.1M |
YoY Change | -92.11% | -245.23% |
NET CHANGE | ||
Cash From Operating Activities | 248.7M | 253.6M |
Cash From Investing Activities | -27.40M | -26.30M |
Cash From Financing Activities | 7.200M | -225.1M |
Net Change In Cash | 228.5M | 2.200M |
YoY Change | 222.74% | -102.67% |
FREE CASH FLOW | ||
Cash From Operating Activities | $248.7M | $253.6M |
Capital Expenditures | $27.40M | $26.30M |
Free Cash Flow | $221.3M | $227.3M |
YoY Change | 657.88% | -226.98% |
Facts In Submission
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Payment Of Tax Receivable Agreement
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<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1) DESCRIPTION OF BUSINESS</span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vertiv Holdings Co ("Holdings Co", and together with its majority-owned subsidiaries, “Vertiv”, “we”, “our”, or “the Company”), formerly known as GS Acquisition Holdings Corp, provides mission-critical infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. Vertiv’s offerings include AC and DC power management products, thermal management products, integrated rack systems, modular solutions, management systems for monitoring and controlling digital infrastructure, and services. Vertiv manages and reports results of operations for three reportable segments: Americas; Asia Pacific; and Europe, Middle East & Africa.</span></div> | ||
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CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
273200000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
297700000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
276500000 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
452300000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
377200000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
170200000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
168300000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
920200000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
822000000.0 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
842900000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
800300000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
339600000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
310900000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
503300000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
489400000 | usd |
CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
129100000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
132600000 | usd |
CY2023Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
31200000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
15400000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
43300000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
45200000 | usd |
CY2023Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
23900000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
25600000 | usd |
CY2023Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
310900000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
294900000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
538400000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
513700000 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
25600000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
30000000.0 | usd |
us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
11100000 | usd | |
us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
5800000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-10600000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1600000 | usd | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
12800000 | usd | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
9500000 | usd | |
CY2023Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
23900000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26300000 | usd |
CY2023Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
106800000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
|
78900000 | usd |
CY2022Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
110200000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
|
58700000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
9500000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
17600000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-1700000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-4300000 | usd | |
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
41400000 | usd | |
CY2023Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
46000000.0 | usd |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-38900000 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-133800000 | usd | |
CY2023Q2 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
9500000 | usd |
us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
21100000 | usd | |
us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
6800000 | usd | |
CY2022Q2 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
6800000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
9500000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
17600000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-1700000 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-4300000 | usd | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1734100000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1399400000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3255200000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2555800000 | usd | |
CY2023Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-7500000 | usd |
CY2022Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-2900000 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
205800000 | usd |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
26200000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
336100000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-19000000.0 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
83200000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20300000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
133500000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
28800000 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
379938365 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
376594660 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
379039072 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
376285196 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.35 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | ||
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
83200000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20300000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
133500000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
28800000 | usd | |
CY2023Q2 | vrt |
Dilutive Securities Effect On Basic Earnings Per Share Dilutive Warrant Liabilities
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveWarrantLiabilities
|
0 | usd |
CY2022Q2 | vrt |
Dilutive Securities Effect On Basic Earnings Per Share Dilutive Warrant Liabilities
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveWarrantLiabilities
|
0 | usd |
vrt |
Dilutive Securities Effect On Basic Earnings Per Share Dilutive Warrant Liabilities
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveWarrantLiabilities
|
0 | usd | |
vrt |
Dilutive Securities Effect On Basic Earnings Per Share Dilutive Warrant Liabilities
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveWarrantLiabilities
|
-133800000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
83200000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
20300000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
133500000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-105000000.0 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
379938365 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
376594660 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
379039072 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
376285196 | shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
2208018 | shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2412845 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
663194 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2077117 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
382351210 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
377257854 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
381116189 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
378493214 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.28 | ||
CY2021Q3 | vrt |
Loss Contingency Barred From Recovery Value
LossContingencyBarredFromRecoveryValue
|
9000000.0 | usd |
CY2021Q3 | vrt |
Loss Contingency Disgorgement Value
LossContingencyDisgorgementValue
|
10000000.0 | usd |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |