10-Q Filing

KNOWLES CORP CIK: 1587523 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001587523-14-000023`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	knw-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 72 Cash Flow Statement 66 Stockholders Equity 15 Comprehensive Income 44

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.30M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.61M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$838.00K	USD	Point-in-time
Receivables, net of allowances of $838 and $1,686	`AccountsReceivableNetCurrent`	$207.29M	USD	Point-in-time
Receivables, net of allowances of $838 and $1,686	`AccountsReceivableNetCurrent`	$224.56M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$155.86M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$149.17M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.80M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.94M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$10.71M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$8.04M	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`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	0.00	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$501.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$431.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$361.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	85.04M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$335.67M	USD	Point-in-time
Goodwill	`Goodwill`	$961.92M	USD	Point-in-time
Goodwill	`Goodwill`	$958.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$318.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$305.50M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$27.07M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$41.93M	USD	Point-in-time
Total assets	`Assets`	$2.07B	USD	Point-in-time
Total assets	`Assets`	$2.17B	USD	Point-in-time
Current maturities of long-term debt	`DebtCurrent`	$7.50M	USD	Point-in-time
Current maturities of long-term debt	`DebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$155.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.81M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$39.05M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$40.92M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$47.85M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$25.25M	USD	Point-in-time
Federal and other taxes on income	`AccruedIncomeTaxesCurrent`	$18.45M	USD	Point-in-time
Federal and other taxes on income	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$209.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$267.95M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$392.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$63.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$45.89M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$30.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$27.12M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Net Former Parent Company Investment in Knowles Corporation, prior to Separation	`NetFormerParentCompanyInvestmentPriortoSeparation`	$1.85B	USD	Point-in-time
Net Former Parent Company Investment in Knowles Corporation, prior to Separation	`NetFormerParentCompanyInvestmentPriortoSeparation`	-	USD	Point-in-time
Preferred stock - $0.01 par value; 10,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par value; 10,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par value; 400,000,000 shares authorized; 85,038,904 shares issued at June 30, 2014	`CommonStockValue`	$850.00K	USD	Point-in-time
Common stock - $0.01 par value; 400,000,000 shares authorized; 85,038,904 shares issued at June 30, 2014	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.37B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-68.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.52M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.77M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.32M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityExcludingNetFormerParentCompanyInvestment`	$1.32B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityExcludingNetFormerParentCompanyInvestment`	$36.52M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.89B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$281.03M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$554.42M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$296.71M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$572.83M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$371.17M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$421.16M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$230.83M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$191.44M	USD	1 Quarter
Restructuring charges - cost of goods sold	`CostofGoodsSoldRestructuringCharges`	$16.42M	USD	1 Quarter
Restructuring charges - cost of goods sold	`CostofGoodsSoldRestructuringCharges`	$4.04M	USD	1 Quarter
Restructuring charges - cost of goods sold	`CostofGoodsSoldRestructuringCharges`	$5.86M	USD	2 Qtrs
Restructuring charges - cost of goods sold	`CostofGoodsSoldRestructuringCharges`	$16.42M	USD	2 Qtrs
Gross profit	`GrossProfit`	$33.78M	USD	1 Quarter
Gross profit	`GrossProfit`	$101.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$116.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$195.79M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$42.16M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$21.24M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$40.92M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$21.70M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$104.42M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.99M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$95.84M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$45.78M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$6.97M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$5.48M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$4.53M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$4.28M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$77.97M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$144.97M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$72.50M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$149.87M	USD	2 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$50.82M	USD	2 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$-33.02M	USD	2 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$28.73M	USD	1 Quarter
Operating (loss) earnings	`OperatingIncomeLoss`	$-44.19M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-12.07M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-24.02M	USD	2 Qtrs
Interest expense, net	`InterestRevenueExpenseNet`	$-1.82M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-2.49M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$201.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-145.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-825.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.13M	USD	2 Qtrs
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-35.66M	USD	2 Qtrs
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-45.81M	USD	1 Quarter
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$15.84M	USD	1 Quarter
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.94M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-835.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$33.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-626.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$35.60M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$16.67M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-71.26M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$28.57M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$-78.90M	USD	1 Quarter
Basic (loss) earnings per share (usd per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (loss) earnings per share (usd per share)	`EarningsPerShareBasic`	$-0.93	USD	1 Quarter
Basic (loss) earnings per share (usd per share)	`EarningsPerShareBasic`	$0.34	USD	2 Qtrs
Basic (loss) earnings per share (usd per share)	`EarningsPerShareBasic`	$-0.84	USD	2 Qtrs
Diluted (loss) earnings per share (usd per share)	`EarningsPerShareDiluted`	$-0.84	USD	2 Qtrs
Diluted (loss) earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (loss) earnings per share (usd per share)	`EarningsPerShareDiluted`	$-0.93	USD	1 Quarter
Diluted (loss) earnings per share (usd per share)	`EarningsPerShareDiluted`	$0.34	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.04M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.02M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.02M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.03M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.03M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.04M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.02M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`NetIncomeLoss`	$16.67M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-71.26M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$28.57M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$-78.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.01M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.46M	USD	2 Qtrs
Non-cash restructuring related charges	`RestructuringCosts`	-	USD	2 Qtrs
Non-cash restructuring related charges	`RestructuringCosts`	$20.36M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$564.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.13M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.56M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-928.00K	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-21.08M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-15.41M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$9.70M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$9.23M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-588.00K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.59M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.07M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$640.00K	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.71M	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.45M	USD	2 Qtrs
Other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.66M	USD	2 Qtrs
Other accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$22.89M	USD	2 Qtrs
Accrued and deferred taxes, net	`IncreaseDecreaseAccruedAndDeferredTaxesNet`	$24.00M	USD	2 Qtrs
Accrued and deferred taxes, net	`IncreaseDecreaseAccruedAndDeferredTaxesNet`	$-12.05M	USD	2 Qtrs
Other non-current assets and non-current liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$5.55M	USD	2 Qtrs
Other non-current assets and non-current liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$10.15M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$64.79M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$57.53M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.60M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.14M	USD	2 Qtrs
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$219.00K	USD	2 Qtrs
Proceeds from the sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.86M	USD	2 Qtrs
Capitalized patent defense costs	`CapitalizedPatentDefenseCostsInvestingActivities`	$8.16M	USD	2 Qtrs
Capitalized patent defense costs	`CapitalizedPatentDefenseCostsInvestingActivities`	$3.42M	USD	2 Qtrs
Other investment	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other investment	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-57.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-57.16M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.85M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net proceeds from exercise of stock-based awards	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Net proceeds from exercise of stock-based awards	`ProceedsFromStockOptionsExercised`	$143.00K	USD	2 Qtrs
Change in Former Parent Company borrowings, net	`ChangeinFormerParentCompanyBorrowingsNet`	-	USD	2 Qtrs
Change in Former Parent Company borrowings, net	`ChangeinFormerParentCompanyBorrowingsNet`	$39.26M	USD	2 Qtrs
Net transfers (to) from Former Parent Company	`NettransfersToFromFormerParentCompany`	$465.90M	USD	2 Qtrs
Net transfers (to) from Former Parent Company	`NettransfersToFromFormerParentCompany`	$-41.61M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-68.61M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.36M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-203.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-67.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-60.98M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.52M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$105.59M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$44.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$105.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.61M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Net (loss) earnings	`NetIncomeLoss`	$16.67M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-71.26M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$28.57M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$-78.90M	USD	1 Quarter
Net transfers to Former Parent Company	`NetTransferstoFormerParentCompany`	$-470.43M	USD	2 Qtrs
Separation-related adjustments	`SeparationrelatedAdjustmentsNetofTax`	$19.33M	USD	2 Qtrs
Reclassification of Net Former Parent Company Investment in connection with the Separation	`AdjustmenttoAdditionalPaidinCapitalReclassificationduetoSeparation`	-	USD	2 Qtrs
Issuance of common stock at Separation	`StockIssuedDuringPeriodValueNewIssues`	-	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.86M	USD	2 Qtrs
Common stock issued for the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$143.00K	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.32M	USD	2 Qtrs
Balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.89B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`NetIncomeLoss`	$16.67M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-71.26M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$28.57M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$-78.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.22M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.24M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.89M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.92M	USD	2 Qtrs
Actuarial losses arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Actuarial losses arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Actuarial losses arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-115.00K	USD	2 Qtrs
Actuarial losses arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Amortization or settlement of actuarial losses included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-140.00K	USD	2 Qtrs
Amortization or settlement of actuarial losses included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-94.00K	USD	2 Qtrs
Amortization or settlement of actuarial losses included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-140.00K	USD	1 Quarter
Amortization or settlement of actuarial losses included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-94.00K	USD	1 Quarter
Amortization of prior service costs included in net periodic pension cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$2.00K	USD	2 Qtrs
Amortization of prior service costs included in net periodic pension cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	-	USD	1 Quarter
Amortization of prior service costs included in net periodic pension cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	-	USD	2 Qtrs
Amortization of prior service costs included in net periodic pension cost	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$2.00K	USD	1 Quarter
Total employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-25.00K	USD	2 Qtrs
Total employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-140.00K	USD	1 Quarter
Total employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-96.00K	USD	1 Quarter
Total employee benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-96.00K	USD	2 Qtrs
Unrealized net losses arising during period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-134.00K	USD	1 Quarter
Unrealized net losses arising during period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-276.00K	USD	2 Qtrs
Unrealized net losses arising during period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized net losses arising during period	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net losses reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Net losses reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Net losses reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-9.00K	USD	2 Qtrs
Net losses reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-9.00K	USD	1 Quarter
Total cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-125.00K	USD	1 Quarter
Total cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-267.00K	USD	2 Qtrs
Total cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	1 Quarter
Total cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	2 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.10M	USD	1 Quarter
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.09M	USD	2 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.19M	USD	1 Quarter
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.86M	USD	2 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTax`	$25.86M	USD	1 Quarter
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTax`	$-88.00M	USD	1 Quarter
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTax`	$-82.12M	USD	2 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTax`	$18.48M	USD	2 Qtrs

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