10-Q Filing

VERTIV HOLDINGS CO CIK: 1674101 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001628280-20-015793`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	vrt-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 48 Cash Flow Statement 89 Stockholders Equity 41 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.00M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.90M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$223.50M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$324.30M	USD	Point-in-time
Accounts receivable, less allowances of $26.0 and $19.9, respectively	`AccountsReceivableNetCurrent`	$1.21B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowances of $26.0 and $19.9, respectively	`AccountsReceivableNetCurrent`	$1.29B	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`	$465.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$172.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$180.70M	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`	$2.25B	USD	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	328.41M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$406.90M	USD	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`	$611.70M	USD	Point-in-time
Goodwill	`Goodwill`	$605.80M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.44B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.31B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$9.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$13.90M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$176.40M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$155.40M	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$2.21B	USD	Point-in-time
Total other assets	`NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet`	$2.11B	USD	Point-in-time
Total assets	`Assets`	$4.77B	USD	Point-in-time
Total assets	`Assets`	$4.66B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$41.10M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$655.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$636.80M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$876.80M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$867.70M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$27.90M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$15.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.52B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.60B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.23B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$3.47B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$116.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$124.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$446.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$250.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.40B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.36B	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 September 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 September 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`	$-1.26B	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`	$-11.10M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-696.20M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$350.90M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$331.90M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquity`	$371.70M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.77B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.66B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.26B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.06B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.16B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.07B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$749.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$719.40M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.19B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.02B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$742.90M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$251.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$259.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$809.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-174.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other deductions, net	`OtherGeneralExpense`	$98.60M	USD	3 Qtrs
Other deductions, net	`OtherGeneralExpense`	$31.60M	USD	1 Quarter
Other deductions, net	`OtherGeneralExpense`	$210.00M	USD	3 Qtrs
Other deductions, net	`OtherGeneralExpense`	$126.20M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$77.70M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$125.40M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$26.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$234.20M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.70M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-206.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-76.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.30M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.60M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$30.90M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$24.50M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$52.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-258.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Basic and diluted (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.90	USD	3 Qtrs
Basic and diluted (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.86	USD	3 Qtrs
Basic and diluted (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Basic and diluted (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	299.27M	shares	3 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	328.41M	shares	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	118.26M	shares	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	118.26M	shares	3 Qtrs

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-258.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Depreciation	`Depreciation`	$42.90M	USD	3 Qtrs
Depreciation	`Depreciation`	$42.70M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$107.80M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$36.90M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$35.80M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$109.20M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-8.30M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-7.70M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$9.00M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$21.20M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-174.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Asset impairment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Asset impairment	`AssetImpairmentCharges`	$21.70M	USD	3 Qtrs
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$102.10M	USD	3 Qtrs
Changes in operating working capital	`IncreaseDecreaseInOperatingCapital`	$104.20M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$27.30M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-11.80M	USD	3 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-58.10M	USD	3 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.40M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.30M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.90M	USD	3 Qtrs
Investments in capitalized software	`PaymentsForSoftware`	$15.50M	USD	3 Qtrs
Investments in capitalized software	`PaymentsForSoftware`	$4.90M	USD	3 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.20M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.40M	USD	3 Qtrs
Borrowings from ABL revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$324.20M	USD	3 Qtrs
Borrowings from ABL revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$381.80M	USD	3 Qtrs
Repayments of ABL revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$370.50M	USD	3 Qtrs
Repayments of ABL revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$462.20M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromOtherShortTermDebt`	$22.00M	USD	3 Qtrs
Proceeds from short-term borrowings	`ProceedsFromOtherShortTermDebt`	-	USD	3 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebtExcludingNotesPayable`	$3.80M	USD	3 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebtExcludingNotesPayable`	-	USD	3 Qtrs
Proceeds from the issuance of 10.00% Notes	`ProceedsFromNotesPayable`	$114.20M	USD	3 Qtrs
Proceeds from the issuance of 10.00% Notes	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Borrowing on Term Loan, net of discount	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Borrowing on Term Loan, net of discount	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$2.19B	USD	3 Qtrs
Repayment of Prior Notes	`RepaymentsOfNotesPayable`	$1.37B	USD	3 Qtrs
Repayment of Prior Notes	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Payment of redemption premiums	`PaymentsForEarlyPaymentOfNotesRedemptionPremium`	$75.00M	USD	3 Qtrs
Payment of redemption premiums	`PaymentsForEarlyPaymentOfNotesRedemptionPremium`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.20M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromIssuanceOfCommonStock`	$1.83B	USD	3 Qtrs
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	$341.60M	USD	3 Qtrs
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	-	USD	3 Qtrs
Payment to Vertiv Stockholder	`PaymentToVertivStockholder`	$341.60M	USD	Point-in-time
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.30M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.80M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$112.30M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.90M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.10M	USD	3 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-65.80M	USD	3 Qtrs
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$98.60M	USD	3 Qtrs
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.30M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.50M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.30M	USD	Point-in-time
Beginning cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.70M	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`	$159.50M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.30M	USD	Point-in-time
Ending cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.70M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$76.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-42.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-43.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$64.50M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$32.30M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-8.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-161.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$20.80M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.20M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.80M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$12.90M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.10M	USD	3 Qtrs

Stockholders Equity 41 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`	$-696.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$350.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$331.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$371.70M	USD	Point-in-time
Tax Receivable Agreement	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement`	$133.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-258.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
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`	$3.90M	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`	$-9.30M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-44.30M	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`	$32.70M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-52.60M	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`	$-696.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-607.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$350.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$331.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-638.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-704.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-540.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$371.70M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-74.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-258.50M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$26.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-268.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$46.10M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.70M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-49.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-44.30M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-2.30M	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-37.80M	USD	3 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	3 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	$-11.10M	USD	1 Quarter
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	$5.10M	USD	3 Qtrs
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	1 Quarter
Tax receivable agreement	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent`	-	USD	3 Qtrs
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	3 Qtrs
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-287.70M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-155.90M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-58.00M	USD	1 Quarter

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