10-Q Filing

MRC GLOBAL INC. CIK: 1439095 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001437749-24-015559`
Period End Date	20240331
Filing Date	20240509
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	mrc20240331c_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 156 Income Statement 64 Cash Flow Statement 116 Stockholders Equity 36 Comprehensive Income 16

Balance Sheet 156 line items

Line Item	Tag	Value	Unit	Period
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Series A Convertible Perpetual Preferred Stock, dividend rate	`TemporaryEquityDividendRatePercentage`	0.07	pure	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.00M	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.00M	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$430.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$430.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	363,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$478.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$478.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$546.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$546.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	363,000.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$560.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$560.00M	USD	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Series A Convertible Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	363,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.16B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$205.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$205.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.53M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.53M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$196.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$196.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	109.29M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	109.29M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.22M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.22M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.22M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.22M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$21.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$21.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$20.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$20.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Goodwill, net	`Goodwill`	$264.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$158.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$158.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$163.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$163.00M	USD	Point-in-time
Assets	`Assets`	$1.89B	USD	Point-in-time
Assets	`Assets`	$1.89B	USD	Point-in-time
Assets	`Assets`	$1.92B	USD	Point-in-time
Assets	`Assets`	$1.92B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$355.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$355.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$402.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$402.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$102.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$102.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$95.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$95.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$34.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$34.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$25.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$25.00M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$292.00M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$292.00M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$292.00M	USD	Point-in-time
Current portion of debt obligations	`LongTermDebtCurrent`	$292.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$783.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$783.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$814.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$814.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$9.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$9.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$186.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$47.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$47.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$45.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$45.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	`TemporaryEquityCarryingAmountAttributableToParent`	$355.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 109,287,979 and 108,531,564 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 109,287,979 and 108,531,564 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 109,287,979 and 108,531,564 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value per share: 500 million shares authorized, 109,287,979 and 108,531,564 issued, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.77B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-678.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-678.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-665.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-665.00M	USD	Point-in-time
Less: Treasury stock at cost: 24,216,330 shares	`TreasuryStockCommonValue`	$375.00M	USD	Point-in-time
Less: Treasury stock at cost: 24,216,330 shares	`TreasuryStockCommonValue`	$375.00M	USD	Point-in-time
Less: Treasury stock at cost: 24,216,330 shares	`TreasuryStockCommonValue`	$375.00M	USD	Point-in-time
Less: Treasury stock at cost: 24,216,330 shares	`TreasuryStockCommonValue`	$375.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-228.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-228.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-233.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-233.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$386.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$386.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$412.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$412.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$488.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$488.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$495.00M	USD	Point-in-time
Equity, Attributable to Parent	`StockholdersEquity`	$495.00M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$806.00M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$806.00M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$885.00M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$885.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$643.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$643.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$706.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$706.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$179.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$179.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$163.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$163.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$125.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$125.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$122.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$122.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$57.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$57.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$6.00M	USD	1 Quarter
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$6.00M	USD	1 Quarter
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$6.00M	USD	1 Quarter
Series A preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$6.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.00M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.00M	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.00M	shares	1 Quarter
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.00M	shares	1 Quarter
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.70M	shares	1 Quarter
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.70M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.40M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.40M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.10M	shares	1 Quarter
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.10M	shares	1 Quarter

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationGross`	$5.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationGross`	$5.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationGross`	$5.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationGross`	$5.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$5.00M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$4.00M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$4.00M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$3.00M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$3.00M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-3.00M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-3.00M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-4.00M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$96.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$96.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-8.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-8.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$54.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$54.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$49.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$49.00M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.00M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.00M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.00M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.00M	USD	1 Quarter
Net cash provided by (used in) operations	`NetCashProvidedByUsedInOperatingActivities`	$38.00M	USD	1 Quarter
Net cash provided by (used in) operations	`NetCashProvidedByUsedInOperatingActivities`	$38.00M	USD	1 Quarter
Net cash provided by (used in) operations	`NetCashProvidedByUsedInOperatingActivities`	$-30.00M	USD	1 Quarter
Net cash provided by (used in) operations	`NetCashProvidedByUsedInOperatingActivities`	$-30.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$211.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$211.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$14.00M	USD	1 Quarter
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$14.00M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$9.00M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$9.00M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$262.00M	USD	1 Quarter
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$262.00M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.00M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.00M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.00M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.00M	USD	1 Quarter
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$6.00M	USD	1 Quarter
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$6.00M	USD	1 Quarter
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$6.00M	USD	1 Quarter
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$6.00M	USD	1 Quarter
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Repurchases of shares to satisfy tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$40.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$40.00M	USD	1 Quarter
Increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$16.00M	USD	1 Quarter
Increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$16.00M	USD	1 Quarter
Increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$7.00M	USD	1 Quarter
Increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$7.00M	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	1 Quarter
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$131.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$131.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00M	USD	Point-in-time
Cash -- beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$131.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$131.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$39.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00M	USD	Point-in-time
Cash -- end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$7.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$7.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$7.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$7.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.00M	USD	1 Quarter

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$386.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$386.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$412.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$412.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$488.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$488.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$495.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$495.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Shares withheld for taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$6.00M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$6.00M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$6.00M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$6.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$386.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$386.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$412.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$412.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$488.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$488.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$495.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$495.00M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.