10-Q Filing

VERTIV HOLDINGS CO CIK: 1674101 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001628280-20-011825`
Period End Date	20200630
Filing Date	20200805
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	vrt-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 54 Cash Flow Statement 83 Stockholders Equity 32 Comprehensive Income 26

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.90M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.10M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$369.70M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$223.50M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowances of $25.1 and $19.9, respectively	`AccountsReceivableNetCurrent`	$1.21B	USD	Point-in-time
Accounts receivable, less allowances of $25.1 and $19.9, respectively	`AccountsReceivableNetCurrent`	$1.19B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$401.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$467.90M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$180.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$180.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.20B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.02B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$428.20M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.26M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$407.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	328.41M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.26M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	328.41M	shares	Point-in-time
Goodwill	`Goodwill`	$600.00M	USD	Point-in-time
Goodwill	`Goodwill`	$605.80M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.34B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$9.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$155.40M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$170.30M	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$2.21B	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$2.12B	USD	Point-in-time
Total assets	`Assets`	$4.73B	USD	Point-in-time
Total assets	`Assets`	$4.66B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$42.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$636.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$613.40M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$867.70M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$761.60M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$15.20M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$23.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.52B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.44B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$3.47B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.41B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$111.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$124.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$418.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$250.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.36B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.38B	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 700,000,000 shares authorized, 328,411,705 and 118,261,955 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 700,000,000 shares authorized, 328,411,705 and 118,261,955 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$277.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.64B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.24B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.00B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.10M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.80M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$331.90M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$350.90M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.73B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.19B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.90B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$659.30M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.47B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$766.90M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.27B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$491.20M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$549.70M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$226.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$263.30M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-174.00M	USD	2 Qtrs
Other deductions, net	`OtherGeneralExpense`	$49.50M	USD	1 Quarter
Other deductions, net	`OtherGeneralExpense`	$83.80M	USD	2 Qtrs
Other deductions, net	`OtherGeneralExpense`	$28.10M	USD	1 Quarter
Other deductions, net	`OtherGeneralExpense`	$67.00M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$78.70M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$99.10M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$156.40M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$30.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$40.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-58.80M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-214.70M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$28.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$34.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-242.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-93.30M	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$-0.79	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$-0.85	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$-0.85	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$-0.79	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	284.53M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	328.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.26M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	284.53M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.26M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	331.14M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-242.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$28.50M	USD	2 Qtrs
Depreciation	`Depreciation`	$28.40M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$72.20M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$35.70M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$36.80M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$72.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-10.40M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.60M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$14.70M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-174.00M	USD	2 Qtrs
Capitalized software write-off	`CapitalizedComputerSoftwareImpairments1`	$12.30M	USD	2 Qtrs
Capitalized software write-off	`CapitalizedComputerSoftwareImpairments1`	-	USD	2 Qtrs
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$168.60M	USD	2 Qtrs
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$89.90M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.10M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-3.30M	USD	2 Qtrs
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-121.70M	USD	2 Qtrs
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-81.60M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.20M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.00M	USD	2 Qtrs
Investments in capitalized software	`PaymentsForSoftware`	$10.60M	USD	2 Qtrs
Investments in capitalized software	`PaymentsForSoftware`	$6.20M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.60M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.40M	USD	2 Qtrs
Borrowings from ABL revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$251.80M	USD	2 Qtrs
Borrowings from ABL revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$324.20M	USD	2 Qtrs
Repayments of ABL revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$361.10M	USD	2 Qtrs
Repayments of ABL revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$199.10M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromOtherShortTermDebt`	$20.20M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromOtherShortTermDebt`	-	USD	2 Qtrs
Proceeds from the issuance of 10.00% Notes	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from the issuance of 10.00% Notes	`ProceedsFromNotesPayable`	$114.20M	USD	2 Qtrs
Borrowing on Term Loan, net of discount	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Borrowing on Term Loan, net of discount	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$2.19B	USD	2 Qtrs
Repayment of Prior Notes	`RepaymentsOfNotesPayable`	$1.37B	USD	2 Qtrs
Repayment of Prior Notes	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payment of redemption premiums	`PaymentsForEarlyPaymentOfNotesRedemptionPremium`	-	USD	2 Qtrs
Payment of redemption premiums	`PaymentsForEarlyPaymentOfNotesRedemptionPremium`	$75.00M	USD	2 Qtrs
Payment of debt issuance cost	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance cost	`PaymentsOfDebtIssuanceCosts`	$11.20M	USD	2 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromIssuanceOfCommonStock`	$1.83B	USD	2 Qtrs
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	-	USD	2 Qtrs
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	$341.60M	USD	Point-in-time
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	$341.60M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.90M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$293.50M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.20M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$146.20M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-105.00M	USD	2 Qtrs
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.30M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.90M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.70M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.30M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.30M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$379.90M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.70M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.30M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-27.20M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-34.60M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$66.90M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$33.90M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.20M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-21.10M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-106.10M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.10M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-116.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.40M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$19.90M	USD	2 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	118.26M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	328.41M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$331.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$350.90M	USD	Point-in-time
Tax Receivable Agreement	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement`	$133.40M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-242.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-93.30M	USD	2 Qtrs
Stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$1.20B	USD	1 Quarter
Merger recapitalization	`StockIssuedDuringPeriodValueAcquisitions`	$295.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$700.00K	USD	1 Quarter
Other merger adjustment	`StockholdersEquityOther`	$400.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.40M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.70M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-52.60M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.30M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	118.26M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	328.41M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$331.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$350.90M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-242.70M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-93.30M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$11.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-42.40M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.40M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.70M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-11.50M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-35.50M	USD	2 Qtrs
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	$16.20M	USD	2 Qtrs
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	1 Quarter
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	$-9.70M	USD	1 Quarter
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	2 Qtrs
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-98.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-304.60M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-30.30M	USD	1 Quarter

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