2024 Q1 Form 10-K Financial Statement

#000143928824000016 Filed on February 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $373.8M $356.8M $1.531B
YoY Change 0.46% 4.85% 19.4%
Cost Of Revenue $203.7M $200.9M $882.4M
YoY Change -8.78% -12.99% 8.1%
Gross Profit $170.1M $155.9M $648.1M
YoY Change 14.31% 42.5% 39.23%
Gross Profit Margin 45.51% 43.69% 42.35%
Selling, General & Admin $95.90M $93.60M $371.3M
YoY Change 8.36% 29.28% 20.16%
% of Gross Profit 56.38% 60.04% 57.29%
Research & Development $23.70M
YoY Change 28.8%
% of Gross Profit 3.66%
Depreciation & Amortization $21.60M $21.60M $29.20M
YoY Change 166.67% -8.47% 42.44%
% of Gross Profit 12.7% 13.86% 4.51%
Operating Expenses $110.6M $108.3M $371.3M
YoY Change 24.97% 24.05% 20.16%
Operating Profit $59.50M $47.60M $191.4M
YoY Change 36.16% 115.38% 78.71%
Interest Expense -$8.800M -$8.700M $38.50M
YoY Change -191.67% -2.25% 43.12%
% of Operating Profit -14.79% -18.28% 20.11%
Other Income/Expense, Net -$1.400M -$1.900M -$7.200M
YoY Change -41.67% -157.58% -523.53%
Pretax Income $43.00M $21.30M $146.8M
YoY Change 35.65% 50.0% 75.18%
Income Tax $9.000M $7.800M $42.60M
% Of Pretax Income 20.93% 36.62% 29.02%
Net Earnings $34.30M $13.90M $112.7M
YoY Change 50.44% -2.11% 82.66%
Net Earnings / Revenue 9.18% 3.9% 7.36%
Basic Earnings Per Share $0.20 $0.65
Diluted Earnings Per Share $0.19 $0.08 $0.64
COMMON SHARES
Basic Shares Outstanding 172.0M shares 172.8M shares 174.3M shares
Diluted Shares Outstanding 175.7M shares 177.3M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $157.1M $136.7M $136.7M
YoY Change 110.03% 9.54% 9.54%
Cash & Equivalents $157.1M $136.7M $136.7M
Short-Term Investments
Other Short-Term Assets $22.30M $26.30M $26.30M
YoY Change -9.72% -6.07% -6.07%
Inventory $286.6M $277.6M $277.6M
Prepaid Expenses
Receivables $222.9M $210.2M $210.2M
Other Receivables $7.600M $17.00M $17.00M
Total Short-Term Assets $696.5M $667.8M $667.8M
YoY Change 2.16% -11.84% -11.84%
LONG-TERM ASSETS
Property, Plant & Equipment $171.5M $226.7M $226.7M
YoY Change -14.89% 0.13% 0.13%
Goodwill $794.3M $796.0M
YoY Change 0.46% 2.45%
Intangibles $937.2M $952.4M
YoY Change -5.81% -5.67%
Long-Term Investments
YoY Change
Other Assets $64.70M $70.50M $24.10M
YoY Change -6.1% 10.33% -74.2%
Total Long-Term Assets $1.968B $1.999B $1.999B
YoY Change -7.54% -5.09% -5.09%
TOTAL ASSETS
Total Short-Term Assets $696.5M $667.8M $667.8M
Total Long-Term Assets $1.968B $1.999B $1.999B
Total Assets $2.664B $2.667B $2.667B
YoY Change -5.19% -6.88% -6.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.20M $56.40M $56.40M
YoY Change -16.43% -51.75% -51.75%
Accrued Expenses $53.20M $67.20M $67.20M
YoY Change 4.11% 13.71% 13.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $900.0K $900.0K $900.0K
YoY Change -85.71% -84.21% -84.21%
Total Short-Term Liabilities $210.6M $220.9M $220.9M
YoY Change -8.28% -23.64% -23.64%
LONG-TERM LIABILITIES
Long-Term Debt $494.5M $494.4M $494.4M
YoY Change -10.14% -6.75% -6.75%
Other Long-Term Liabilities $136.0M $65.00M $138.9M
YoY Change 202.9% 46.4% -33.25%
Total Long-Term Liabilities $630.5M $559.4M $633.3M
YoY Change 5.93% -2.65% -14.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $210.6M $220.9M $220.9M
Total Long-Term Liabilities $630.5M $559.4M $633.3M
Total Liabilities $1.050B $1.064B $1.064B
YoY Change -13.23% -14.8% -14.8%
SHAREHOLDERS EQUITY
Retained Earnings -$1.163B -$1.178B
YoY Change -1.38% 1.14%
Common Stock $1.700M $1.700M
YoY Change -5.56% -5.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.614B $1.603B $1.603B
YoY Change
Total Liabilities & Shareholders Equity $2.664B $2.667B $2.667B
YoY Change -5.19% -6.88% -6.88%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $34.30M $13.90M $112.7M
YoY Change 50.44% -2.11% 82.66%
Depreciation, Depletion And Amortization $21.60M $21.60M $29.20M
YoY Change 166.67% -8.47% 42.44%
Cash From Operating Activities $53.90M $58.20M $253.9M
YoY Change 978.0% -31.04% 161.75%
INVESTING ACTIVITIES
Capital Expenditures $3.700M $5.400M $21.30M
YoY Change -28.85% 63.64% 180.26%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $1.600M $7.400M $16.70M
YoY Change -22.11% 1570.0%
Cash From Investing Activities -$2.100M $2.000M -$4.600M
YoY Change -59.62% -67.74% -30.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $125.1M
YoY Change 406.48%
Debt Paid & Issued, Net $200.0K $77.90M
YoY Change -98.63% -27.67%
Cash From Financing Activities -30.90M -97.70M -$239.2M
YoY Change -38.57% 157.11% 291.49%
NET CHANGE
Cash From Operating Activities 53.90M 58.20M $253.9M
Cash From Investing Activities -2.100M 2.000M -$4.600M
Cash From Financing Activities -30.90M -97.70M -$239.2M
Net Change In Cash 20.90M -37.50M $11.90M
YoY Change -141.8% -171.29% -57.8%
FREE CASH FLOW
Cash From Operating Activities $53.90M $58.20M $253.9M
Capital Expenditures $3.700M $5.400M $21.30M
Free Cash Flow $50.20M $52.80M $232.6M
YoY Change -25200.0% -34.9% 160.18%

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<div style="margin-bottom:6pt;text-align:justify;text-indent:13.5pt"><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></div>The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
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0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
2500000 usd
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4200000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1300000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1200000 usd
CY2023 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 usd
CY2022 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
3500000 usd
CY2021 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
300000 usd
CY2023 us-gaap Product Warranty Expense
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2400000 usd
CY2022 us-gaap Product Warranty Expense
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1600000 usd
CY2021 us-gaap Product Warranty Expense
ProductWarrantyExpense
1100000 usd
CY2023 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1900000 usd
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2200000 usd
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1300000 usd
CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4700000 usd
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4200000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1300000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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300000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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400000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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700000 shares
CY2021 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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10700000 usd
CY2021 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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CY2022 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
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CY2023 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
7300000 usd
CY2023 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:6pt;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%">Concentrations of Credit Risk</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%">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist of cash and temporary investments and trade accounts receivable.</span></div>
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2023 us-gaap Advertising Expense
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CY2022 us-gaap Advertising Expense
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CY2021 us-gaap Advertising Expense
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8200000 usd
CY2023 zws Research And Development And Engineering Costs
ResearchAndDevelopmentAndEngineeringCosts
23700000 usd
CY2022 zws Research And Development And Engineering Costs
ResearchAndDevelopmentAndEngineeringCosts
18400000 usd
CY2021 zws Research And Development And Engineering Costs
ResearchAndDevelopmentAndEngineeringCosts
14000000 usd
CY2023 us-gaap Number Of Reportable Segments
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CY2023 us-gaap Number Of Operating Segments
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1 segment
CY2023 us-gaap Revenues
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CY2022 us-gaap Revenues
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CY2021 us-gaap Revenues
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CY2023Q4 us-gaap Noncurrent Assets
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CY2022Q4 us-gaap Noncurrent Assets
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183800000 usd
CY2021Q4 us-gaap Noncurrent Assets
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64400000 usd
CY2023 us-gaap Restructuring Charges
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15300000 usd
CY2023 us-gaap Payments For Restructuring
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20500000 usd
CY2023 us-gaap Restructuring Reserve Settled Without Cash2
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2500000 usd
CY2023Q4 us-gaap Restructuring Reserve
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1300000 usd
CY2021 zws Disposal Group Including Discontinued Operation Separation Costs
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60000000 usd
CY2023 us-gaap Restructuring Charges
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15300000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
15400000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
3700000 usd
us-gaap Restructuring Charges
RestructuringCharges
54800000 usd
CY2021Q4 us-gaap Restructuring Reserve
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2400000 usd
CY2022 us-gaap Restructuring Reserve Accrual Adjustment1
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4700000 usd
CY2022 us-gaap Restructuring Charges
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15400000 usd
CY2022 us-gaap Payments For Restructuring
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13500000 usd
CY2022Q4 us-gaap Restructuring Reserve
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9000000.0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1530500000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1281800000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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910900000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1530500000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1281800000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
910900000 usd
CY2023Q4 zws Revenue From Contracts With Customers Percent Billed Of Contract Value
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1
CY2023 zws Revenue From Contracts With Customers Past Due Period
RevenueFromContractsWithCustomersPastDuePeriod
P30D
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
50800000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
42100000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
1
CY2022 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 usd
CY2023 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 usd
CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 usd
CY2023Q4 us-gaap Inventory Finished Goods
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224800000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
285900000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
11500000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
19100000 usd
CY2023Q4 us-gaap Inventory Raw Materials
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48800000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
75700000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
285100000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
380700000 usd
CY2023Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
7500000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
14000000.0 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
277600000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
366700000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
283200000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
263500000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
102900000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
79700000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
180300000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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183800000 usd
CY2021Q4 us-gaap Goodwill
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254100000 usd
CY2022 us-gaap Goodwill Acquired During Period
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527200000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
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CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
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3000000.0 usd
CY2022Q4 us-gaap Goodwill
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777000000.0 usd
CY2023 us-gaap Goodwill Purchase Accounting Adjustments
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19000000.0 usd
CY2023Q4 us-gaap Goodwill
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796000000.0 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
337100000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
337100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
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P16Y
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1340700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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388300000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
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952400000 usd
CY2022Q4 us-gaap Finite Lived Intangible Asset Useful Life
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P16Y
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1338900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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329200000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1009700000 usd
CY2023 us-gaap Amortization Of Intangible Assets
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58700000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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34000000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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23500000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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58800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
58800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
58600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
58600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
58600000 usd
CY2023Q4 us-gaap Accrued Sales Commission Current
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8600000 usd
CY2022Q4 us-gaap Accrued Sales Commission Current
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9000000.0 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10600000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9400000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
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3500000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
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2300000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
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600000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
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2300000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
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4700000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4200000 usd
CY2023Q4 us-gaap Restructuring Reserve Current
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1300000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
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8400000 usd
CY2023Q4 zws Accrued Risk Management Current
AccruedRiskManagementCurrent
5200000 usd
CY2022Q4 zws Accrued Risk Management Current
AccruedRiskManagementCurrent
16300000 usd
CY2023Q4 zws Accrued Sales Rebate Current
AccruedSalesRebateCurrent
70800000 usd
CY2022Q4 zws Accrued Sales Rebate Current
AccruedSalesRebateCurrent
56000000.0 usd
CY2023Q4 us-gaap Taxes Payable Current
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13800000 usd
CY2022Q4 us-gaap Taxes Payable Current
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19000000.0 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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3700000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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2500000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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9000000.0 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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16500000 usd
CY2023Q4 us-gaap Other Liabilities Current
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131800000 usd
CY2022Q4 us-gaap Other Liabilities Current
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145900000 usd
CY2023Q4 us-gaap Long Term Debt
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495300000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
535900000 usd
CY2023Q4 us-gaap Long Term Debt Current
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900000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5700000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
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494400000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
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530200000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
481500000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
16900000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
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502100000 usd
CY2023 us-gaap Interest Paid
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36100000 usd
CY2022 us-gaap Interest Paid
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24300000 usd
CY2021 us-gaap Interest Paid
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34700000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
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503900000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
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543100000 usd
CY2023Q4 us-gaap Acquired Finite Lived Intangible Asset Residual Value
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865500000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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46400000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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42600000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
20800000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
800000 usd
CY2023Q4 zws Right Of Use Asset
RightOfUseAsset
67200000 usd
CY2022Q4 zws Right Of Use Asset
RightOfUseAsset
43400000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10600000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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9400000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
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900000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
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CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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37300000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
34200000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
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20800000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
400000 usd
CY2023Q4 zws Lease Liability
LeaseLiability
69600000 usd
CY2022Q4 zws Lease Liability
LeaseLiability
44200000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
2000000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
300000 usd
CY2023 us-gaap Operating Lease Cost
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13800000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
9800000 usd
CY2021 us-gaap Operating Lease Cost
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6100000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1700000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1500000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2023 zws Finance Lease Cost
FinanceLeaseCost
3200000 usd
CY2022 zws Finance Lease Cost
FinanceLeaseCost
200000 usd
CY2021 zws Finance Lease Cost
FinanceLeaseCost
100000 usd
CY2023 zws Variable And Short Term Lease Cost
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7000000.0 usd
CY2022 zws Variable And Short Term Lease Cost
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6200000 usd
CY2021 zws Variable And Short Term Lease Cost
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3500000 usd
CY2023 us-gaap Lease Cost
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24000000.0 usd
CY2022 us-gaap Lease Cost
LeaseCost
16200000 usd
CY2021 us-gaap Lease Cost
LeaseCost
9700000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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100000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13300000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2400000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10600000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9100000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
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2300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
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2300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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4800000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
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2300000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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12200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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23000000.0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
58200000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
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34600000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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10300000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
12900000 usd
CY2023Q4 us-gaap Operating Lease Liability
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47900000 usd
CY2023Q4 us-gaap Finance Lease Liability
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21700000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P2Y9M18D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P13Y9M18D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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