10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-21-008627 |
| Period End Date | 20210331 |
| Filing Date | 20210503 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | vrt-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$22.30M | USD | Point-in-time |
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$21.70M | 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
|
$677.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$534.60M | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Accounts receivable, less allowances of $21.7 and $22.3, respectively |
AccountsReceivableNetCurrent
|
$1.29B | USD | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Accounts receivable, less allowances of $21.7 and $22.3, respectively |
AccountsReceivableNetCurrent
|
$1.35B | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Inventories |
InventoryNet
|
$446.60M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$511.10M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$183.40M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$183.20M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.52B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.67B | 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 |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$427.60M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
342.02M | shares | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$413.00M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
351.52M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
351.52M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
342.02M | shares | Point-in-time |
| Goodwill |
Goodwill
|
$599.80M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$607.20M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.26B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.30B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$20.90M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$18.10M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$201.60M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$196.80M | USD | Point-in-time |
| Total other assets |
NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet
|
$2.08B | USD | Point-in-time |
| Total other assets |
NonCurrentAssetsExcludingPropertyPlantAndEquipmentNet
|
$2.13B | USD | Point-in-time |
| Total assets |
Assets
|
$5.07B | USD | Point-in-time |
| Total assets |
Assets
|
$5.16B | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$22.00M | USD | Point-in-time |
| Current portion of long-term debt and short-term borrowings |
DebtCurrent
|
$22.00M | USD | Point-in-time |
| Current portion of warrant liabilities |
WarrantAndRightsOutstandingCurrent
|
- | USD | Point-in-time |
| Current portion of warrant liabilities |
WarrantAndRightsOutstandingCurrent
|
$68.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$737.80M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$730.50M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$869.20M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$901.80M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$18.80M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$16.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.65B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.74B | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$2.13B | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$2.13B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$116.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$104.00M | USD | Point-in-time |
| Warrant liabilities |
WarrantAndRightsOutstandingNoncurrent
|
$87.70M | USD | Point-in-time |
| Warrant liabilities |
WarrantAndRightsOutstandingNoncurrent
|
$101.30M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$485.40M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$455.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.56B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.43B | 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, 351,516,790 and 342,024,612 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Common stock, $0.0001 par value, 700,000,000 shares authorized, 351,516,790 and 342,024,612 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.79B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.98B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.30B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.33B | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$51.50M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$52.60M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$512.10M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$-704.80M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$276.20M | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$728.70M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$5.16B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$5.07B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.10B | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$897.30M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$740.40M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$610.30M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$264.80M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$250.10M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssetsExcludingCostsOfSales
|
$32.40M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssetsExcludingCostsOfSales
|
$31.80M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$2.00M | USD | 1 Quarter |
| Restructuring costs |
RestructuringCharges
|
$-1.10M | USD | 1 Quarter |
| Foreign currency (gain) loss, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-1.80M | USD | 1 Quarter |
| Foreign currency (gain) loss, net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$6.90M | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$-1.20M | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$-1.30M | USD | 1 Quarter |
| Operating profit (loss) |
OperatingIncomeLoss
|
$-12.20M | USD | 1 Quarter |
| Operating profit (loss) |
OperatingIncomeLoss
|
$79.80M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$24.10M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$68.90M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-400.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-174.00M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$13.60M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-60.60M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-194.50M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$41.70M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$10.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$13.80M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-208.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$31.70M | USD | 1 Quarter |
| Basic (USD per share) |
EarningsPerShareBasic
|
$-0.87 | USD | 1 Quarter |
| Basic (USD per share) |
EarningsPerShareBasic
|
$0.09 | USD | 1 Quarter |
| Diluted (USD per share) |
EarningsPerShareDiluted
|
$0.09 | USD | 1 Quarter |
| Diluted (USD per share) |
EarningsPerShareDiluted
|
$-0.87 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
240.66M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
349.60M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
240.66M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
353.45M | shares | 1 Quarter |
Cash Flow Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-208.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$31.70M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$16.90M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$14.20M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$36.30M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$35.30M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-3.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-7.50M | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$1.80M | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$5.90M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-400.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-174.00M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$13.60M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-60.60M | USD | 1 Quarter |
| Changes in operating working capital |
IncreaseDecreaseInOperatingCapital
|
$139.20M | USD | 1 Quarter |
| Changes in operating working capital |
IncreaseDecreaseInOperatingCapital
|
$44.60M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$5.60M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$700.00K | USD | 1 Quarter |
| Changes in tax receivable agreement |
IncreaseDecreaseInTaxReceivableAgreement
|
$1.80M | USD | 1 Quarter |
| Changes in tax receivable agreement |
IncreaseDecreaseInTaxReceivableAgreement
|
$9.00M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$-23.10M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$5.70M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-194.70M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$60.70M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$6.70M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.80M | USD | 1 Quarter |
| Investments in capitalized software |
PaymentsForSoftware
|
$1.10M | USD | 1 Quarter |
| Investments in capitalized software |
PaymentsForSoftware
|
$1.80M | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-8.50M | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.90M | USD | 1 Quarter |
| Borrowings from ABL revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$324.20M | USD | 1 Quarter |
| Borrowings from ABL revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
- | USD | 1 Quarter |
| Repayments of ABL revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
- | USD | 1 Quarter |
| Repayments of ABL revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$193.10M | USD | 1 Quarter |
| Borrowing on Term Loan, net of discount |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$2.19B | USD | 1 Quarter |
| Borrowing on Term Loan, net of discount |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 1 Quarter |
| Repayment of Prior Notes |
RepaymentsOfNotesPayable
|
$1.37B | USD | 1 Quarter |
| Repayment of Prior Notes |
RepaymentsOfNotesPayable
|
- | USD | 1 Quarter |
| Payment of redemption premiums |
PaymentsForEarlyPaymentOfNotesRedemptionPremium
|
$75.00M | USD | 1 Quarter |
| Payment of redemption premiums |
PaymentsForEarlyPaymentOfNotesRedemptionPremium
|
- | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$11.20M | USD | 1 Quarter |
| Proceeds from reverse recapitalization, net |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from reverse recapitalization, net |
ProceedsFromIssuanceOfCommonStock
|
$1.83B | USD | 1 Quarter |
| Payment to Vertiv Stockholder |
PaymentToVertivStockholder
|
$341.60M | USD | 1 Quarter |
| Payment to Vertiv Stockholder |
PaymentToVertivStockholder
|
- | USD | 1 Quarter |
| Proceeds from the exercise of warrants |
ProceedsFromWarrantExercises
|
$107.50M | USD | 1 Quarter |
| Proceeds from the exercise of warrants |
ProceedsFromWarrantExercises
|
- | USD | 1 Quarter |
| Exercise of employee stock options |
ProceedsFromStockOptionsExercised
|
$900.00K | USD | 1 Quarter |
| Exercise of employee stock options |
ProceedsFromStockOptionsExercised
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$102.90M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$279.30M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-6.40M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-3.10M | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$142.60M | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$69.70M | USD | 1 Quarter |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$303.40M | USD | Point-in-time |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$685.20M | 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
|
$542.60M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$303.40M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$685.20M | 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
|
$542.60M | USD | Point-in-time |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-47.10M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-63.80M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$46.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$68.40M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-1.40M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$5.30M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$20.70M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-42.30M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-41.50M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-120.30M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$4.20M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.80M | USD | 1 Quarter |
| Changes in operating working capital |
IncreaseDecreaseInOperatingCapital
|
$139.20M | USD | 1 Quarter |
| Changes in operating working capital |
IncreaseDecreaseInOperatingCapital
|
$44.60M | USD | 1 Quarter |
Stockholders Equity
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
351.52M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
342.02M | shares | Point-in-time |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$13.60M | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-60.60M | USD | 1 Quarter |
| Proceeds from the exercise of warrants |
ProceedsFromWarrantExercises
|
$107.50M | USD | 1 Quarter |
| Proceeds from the exercise of warrants |
ProceedsFromWarrantExercises
|
- | USD | 1 Quarter |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
351.52M | shares | Point-in-time |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
342.02M | shares | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$512.10M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-704.80M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$276.20M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$728.70M | USD | Point-in-time |
| Tax Receivable Agreement |
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
|
$133.40M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-208.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$31.70M | USD | 1 Quarter |
| Stock issuance |
StockIssuedDuringPeriodValueNewIssues
|
$1.20B | USD | 1 Quarter |
| Merger recapitalization (2) |
StockIssuedDuringPeriodValueAcquisitions
|
$179.50M | USD | 1 Quarter |
| Exercise of employee stock options (in shares) |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
76,047.00 | shares | 1 Quarter |
| Exercise of employee stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$900.00K | USD | 1 Quarter |
| Employee 401K match with Vertiv stock (in shares) |
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
69,309.00 | shares | 1 Quarter |
| Employee 401K match with Vertiv stock |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$1.30M | USD | 1 Quarter |
| Exercise of warrants (3) |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$176.00M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.60M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$700.00K | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.10M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-52.60M | USD | 1 Quarter |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
351.52M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
342.02M | shares | Point-in-time |
| Ending balance |
StockholdersEquity
|
$512.10M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-704.80M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$276.20M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$728.70M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-208.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$31.70M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-36.10M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-54.30M | USD | 1 Quarter |
| Interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$33.90M | USD | 1 Quarter |
| Interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-24.00M | USD | 1 Quarter |
| Tax receivable agreement |
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent
|
$25.90M | USD | 1 Quarter |
| Tax receivable agreement |
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustmentAttributableToParent
|
$4.10M | USD | 1 Quarter |
| Pension |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$800.00K | USD | 1 Quarter |
| Pension |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$200.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-260.90M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$32.80M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.