2023 Q2 Form 10-Q Financial Statement
#000143928823000077 Filed on April 25, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $403.2M | $372.1M |
YoY Change | 41.87% | 55.3% |
Cost Of Revenue | $229.7M | $223.3M |
YoY Change | 34.8% | 62.16% |
Gross Profit | $173.5M | $148.8M |
YoY Change | 52.46% | 46.03% |
Gross Profit Margin | 43.03% | 39.99% |
Selling, General & Admin | $96.30M | $88.50M |
YoY Change | 64.9% | 64.19% |
% of Gross Profit | 55.5% | 59.48% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $21.80M | $8.100M |
YoY Change | 445.0% | 252.17% |
% of Gross Profit | 12.56% | 5.44% |
Operating Expenses | $110.9M | $88.50M |
YoY Change | 89.9% | 64.19% |
Operating Profit | $62.60M | $43.70M |
YoY Change | 17.01% | -0.46% |
Interest Expense | -$10.30M | $9.600M |
YoY Change | -298.08% | 100.0% |
% of Operating Profit | -16.45% | 21.97% |
Other Income/Expense, Net | $1.600M | -$2.400M |
YoY Change | -366.67% | -900.0% |
Pretax Income | $46.10M | $31.70M |
YoY Change | -3.35% | -19.54% |
Income Tax | $13.20M | $9.100M |
% Of Pretax Income | 28.63% | 28.71% |
Net Earnings | $34.60M | $22.80M |
YoY Change | -4.95% | -24.5% |
Net Earnings / Revenue | 8.58% | 6.13% |
Basic Earnings Per Share | $0.20 | $0.13 |
Diluted Earnings Per Share | $0.19 | $0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 174.5M shares | 176.1M shares |
Diluted Shares Outstanding | 176.5M shares | 178.4M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $103.0M | $74.80M |
YoY Change | -6.7% | 2.19% |
Cash & Equivalents | $103.0M | $74.80M |
Short-Term Investments | ||
Other Short-Term Assets | $25.30M | $24.70M |
YoY Change | -1.17% | 6.93% |
Inventory | $313.8M | $349.1M |
Prepaid Expenses | ||
Receivables | $242.6M | $223.0M |
Other Receivables | $4.200M | $10.20M |
Total Short-Term Assets | $688.9M | $681.8M |
YoY Change | 17.08% | 31.09% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $192.6M | $201.5M |
YoY Change | 212.66% | 219.33% |
Goodwill | $795.9M | $790.7M |
YoY Change | 215.08% | 210.08% |
Intangibles | $981.3M | $995.0M |
YoY Change | 461.38% | 462.46% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $143.3M | $68.90M |
YoY Change | 335.56% | 83.73% |
Total Long-Term Assets | $2.113B | $2.128B |
YoY Change | 259.43% | 255.59% |
TOTAL ASSETS | ||
Total Short-Term Assets | $688.9M | $681.8M |
Total Long-Term Assets | $2.113B | $2.128B |
Total Assets | $2.802B | $2.810B |
YoY Change | 138.2% | 151.21% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $66.70M | $84.00M |
YoY Change | -47.11% | -26.12% |
Accrued Expenses | $63.00M | $51.10M |
YoY Change | 31.25% | 14.06% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $6.300M | $6.300M |
YoY Change | 12.5% | 12.5% |
Total Short-Term Liabilities | $231.5M | $229.6M |
YoY Change | -4.02% | 7.04% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $549.1M | $550.3M |
YoY Change | 3.23% | 3.27% |
Other Long-Term Liabilities | $221.8M | $44.90M |
YoY Change | 514.4% | 13.1% |
Total Long-Term Liabilities | $770.9M | $595.2M |
YoY Change | 35.72% | 3.95% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $231.5M | $229.6M |
Total Long-Term Liabilities | $770.9M | $595.2M |
Total Liabilities | $1.213B | $1.211B |
YoY Change | 28.14% | 30.88% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.195B | -$1.179B |
YoY Change | 5.28% | 0.31% |
Common Stock | $1.700M | $1.800M |
YoY Change | 30.77% | 38.46% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.589B | $1.600B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.802B | $2.810B |
YoY Change | 138.2% | 151.21% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $34.60M | $22.80M |
YoY Change | -4.95% | -24.5% |
Depreciation, Depletion And Amortization | $21.80M | $8.100M |
YoY Change | 445.0% | 252.17% |
Cash From Operating Activities | $87.20M | $5.000M |
YoY Change | 108.11% | -109.28% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $5.900M | $5.200M |
YoY Change | -591.67% | 550.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $9.300M | $0.00 |
YoY Change | 745.45% | -100.0% |
Cash From Investing Activities | $3.400M | -$5.200M |
YoY Change | -3500.0% | -114.65% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $14.60M | |
YoY Change | 28.07% | |
Cash From Financing Activities | -63.20M | -$50.30M |
YoY Change | 1441.46% | 867.31% |
NET CHANGE | ||
Cash From Operating Activities | 87.20M | $5.000M |
Cash From Investing Activities | 3.400M | -$5.200M |
Cash From Financing Activities | -63.20M | -$50.30M |
Net Change In Cash | 27.40M | -$50.00M |
YoY Change | -27.32% | 113.68% |
FREE CASH FLOW | ||
Cash From Operating Activities | $87.20M | $5.000M |
Capital Expenditures | $5.900M | $5.200M |
Free Cash Flow | $81.30M | -$200.0K |
YoY Change | 88.63% | -99.63% |
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|
0.13 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.23 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.01 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
176416000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
126281000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1969000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2160000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
178385000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128441000 | shares |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22800000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30200000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-100000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-100000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2000000.0 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
22700000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
32200000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22800000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30200000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
8100000 | usd |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
2300000 | usd |
CY2023Q1 | zws |
Amortization Of Intangible Assets Including Discontinued Operation
AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation
|
14700000 | usd |
CY2022Q1 | zws |
Amortization Of Intangible Assets Including Discontinued Operation
AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation
|
3000000.0 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-900000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-4600000 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-300000 | usd |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-500000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10300000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3900000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
3200000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
27700000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4200000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
39600000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-12400000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1100000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-33000000.0 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
8400000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-24100000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-38400000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5000000.0 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-53900000 | usd |
CY2023Q1 | zws |
Payments To Acquire Property Plant And Equipment Including Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations
|
5200000 | usd |
CY2022Q1 | zws |
Payments To Acquire Property Plant And Equipment Including Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations
|
800000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1300000 | usd |
CY2023Q1 | zws |
Proceeds From Payments To Divestiture Of Business
ProceedsFromPaymentsToDivestitureOfBusiness
|
0 | usd |
CY2022Q1 | zws |
Proceeds From Payments To Divestiture Of Business
ProceedsFromPaymentsToDivestitureOfBusiness
|
35000000.0 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5200000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
35500000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
13000000.0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
10000000.0 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
14600000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
11400000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
600000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
500000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
500000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
37000000.0 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
12300000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3800000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-50300000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5200000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
500000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
200000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-50000000.0 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-23400000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
124800000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96600000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
74800000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
73200000 | usd |
CY2023Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-bottom:6pt;padding-left:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:36pt"><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 to conform to the presentation used for the three months ended March 31, 2023.</span></div> | |
CY2023Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
1900000 | usd |
CY2022Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
1100000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
9000000.0 | usd |
CY2023Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
1900000 | usd |
CY2023Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4900000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6000000.0 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
5900000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
100000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
8400000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
600000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
372100000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
239600000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
372100000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
239600000 | usd |
CY2023Q1 | zws |
Revenue From Contracts With Customers Percent Billed Of Contract Value
RevenueFromContractsWithCustomersPercentBilledOfContractValue
|
1 | |
CY2023Q1 | zws |
Revenue From Contracts With Customers Past Due Period
RevenueFromContractsWithCustomersPastDuePeriod
|
P30D | |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
44600000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.99 | |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P9M | |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.01 | |
CY2022Q1 | us-gaap |
Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
|
0 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
|
0 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9100000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10000000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.287 | |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.254 | |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
5300000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
5500000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
700000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
700000 | usd |
CY2023Q1 | zws |
Unrecognized Tax Expense Benefit Income Tax Penalties And Interest Expense
UnrecognizedTaxExpenseBenefitIncomeTaxPenaltiesAndInterestExpense
|
100000 | usd |
CY2022Q1 | zws |
Unrecognized Tax Expense Benefit Income Tax Penalties And Interest Expense
UnrecognizedTaxExpenseBenefitIncomeTaxPenaltiesAndInterestExpense
|
-100000 | usd |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1200000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | shares |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
126400000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
32200000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3900000 | usd |
CY2022Q1 | zws |
Shares Issued Value Sharebased Payment Arrangement Proceeds Payments After Forfeiture
SharesIssuedValueSharebasedPaymentArrangementProceedsPaymentsAfterForfeiture
|
500000 | usd |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
500000 | usd |
CY2022Q1 | zws |
Disposal Group Including Discontinued Operation Consideration Working Capital
DisposalGroupIncludingDiscontinuedOperationConsiderationWorkingCapital
|
35000000.0 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.03 | |
CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
3800000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
193700000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1615000000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
22700000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11200000 | usd |
CY2023Q1 | zws |
Shares Issued Value Sharebased Payment Arrangement Proceeds Payments After Forfeiture
SharesIssuedValueSharebasedPaymentArrangementProceedsPaymentsAfterForfeiture
|
600000 | usd |
CY2023Q1 | zws |
Adjustments To Additional Paid In Capital Merger
AdjustmentsToAdditionalPaidInCapitalMerger
|
5100000 | usd |
CY2023Q1 | zws |
Stock Issued During Period Value Fund Defined Contribution Plans
StockIssuedDuringPeriodValueFundDefinedContributionPlans
|
800000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
37000000.0 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.07 | |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
8700000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1599500000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
156319 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
127001 | shares |
CY2023Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
1682756 | shares |
CY2023Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
37000000 | usd |
CY2023Q1 | zws |
Stock Repurchased And Retired During Period Weighted Average Price Per Share
StockRepurchasedAndRetiredDuringPeriodWeightedAveragePricePerShare
|
21.99 | |
CY2022Q1 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
0 | shares |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
19100000 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
63700000 | usd |
CY2023Q1 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-100000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-100000 | usd |
CY2022Q1 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
0 | usd |
CY2023Q1 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
0 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
273900000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
285900000 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
19200000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
75700000 | usd |
CY2023Q1 | us-gaap |
Inventory Gross
InventoryGross
|
356800000 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
380700000 | usd |
CY2023Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
7700000 | usd |
CY2022Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
14000000.0 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
349100000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
366700000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
777000000.0 | usd |
CY2023Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-700000 | usd |
CY2023Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
14400000 | usd |
CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
790700000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P16Y | |
CY2023Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1339100000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
344100000 | usd |
CY2023Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
995000000.0 | usd |
CY2022 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P16Y | |
CY2022Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1338900000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
329200000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1009700000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
14700000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3000000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
58700000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
14700000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
58700000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
58700000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
58500000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
58500000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
58500000 | usd |
CY2023Q1 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
11000000.0 | usd |
CY2022Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
9000000.0 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9600000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9400000 | usd |
CY2023Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2100000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2300000 | usd |
CY2023Q1 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
1400000 | usd |
CY2022Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
2300000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
4000000.0 | usd |
CY2022Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
4200000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
5900000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
8400000 | usd |
CY2023Q1 | zws |
Accrued Risk Management Current
AccruedRiskManagementCurrent
|
16400000 | usd |
CY2022Q4 | zws |
Accrued Risk Management Current
AccruedRiskManagementCurrent
|
16300000 | usd |
CY2023Q1 | zws |
Accrued Sales Rebate Current
AccruedSalesRebateCurrent
|
45600000 | usd |
CY2022Q4 | zws |
Accrued Sales Rebate Current
AccruedSalesRebateCurrent
|
56000000.0 | usd |
CY2023Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
19200000 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
19000000.0 | usd |
CY2023Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
1900000 | usd |
CY2022Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
2500000 | usd |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
11200000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
16500000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
128300000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
145900000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
556600000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
535900000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5700000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
550300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
530200000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
564000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
543100000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
100000 | usd |
CY2022Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4200000 | usd |
CY2021Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
1300000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
500000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
200000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
700000 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
200000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4000000.0 | usd |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
1300000 | usd |
CY2023Q1 | zws |
Number Of Carriers If Insolvent Could Impact Coverage
NumberOfCarriersIfInsolventCouldImpactCoverage
|
1 | carrier |
CY2022Q1 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
200000 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10300000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3900000 | usd |