10-Q Filing

OLAPLEX HOLDINGS, INC. CIK: 1868726 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001868726-21-000010`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	olpx-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 82 Cash Flow Statement 79 Stockholders Equity 25

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$6.87M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$1.36M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.96M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	648.12M	shares	Point-in-time
Accounts receivable, net of allowances of $6,867 and $1,362	`AccountsReceivableNetCurrent`	$14.38M	USD	Point-in-time
Accounts receivable, net of allowances of $6,867 and $1,362	`AccountsReceivableNetCurrent`	$59.28M	USD	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	647.89M	shares	Point-in-time
Inventory	`InventoryNet`	$33.60M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	648.12M	shares	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	647.89M	shares	Point-in-time
Inventory	`InventoryNet`	$69.09M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.42M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.18M	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 (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$258.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$61.36M	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.00K	USD	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$806.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.09B	USD	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$6.98M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$10.83M	USD	Point-in-time
Total investments in and advances to nonconsolidated affiliate	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	-	USD	Point-in-time
Total investments in and advances to nonconsolidated affiliate	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$4.50M	USD	Point-in-time
Total assets	`Assets`	$1.33B	USD	Point-in-time
Total assets	`Assets`	$1.49B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$30.89M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$9.86M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$20.11M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$20.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.31M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$232.89M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$755.37M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$742.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$802.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 648,124,642 and 647,888,387 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$648.00K	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 648,124,642 and 647,888,387 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$648.00K	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$300.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$530.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$151.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$453.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$530.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$627.36M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$937.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$966.70M	USD	Point-in-time
Total liabilities and stockholdersequity	`LiabilitiesAndStockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholdersequity	`LiabilitiesAndStockholdersEquity`	$1.49B	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 (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$189.06M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$431.87M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$161.62M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$89.45M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$24.57M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$32.46M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$83.86M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$79.24M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$4.57M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.10M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.40M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.68M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$26.67M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$90.26M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$83.80M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$34.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$105.25M	USD	3 Qtrs
Gross profit	`GrossProfit`	$127.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$341.61M	USD	3 Qtrs
Gross profit	`GrossProfit`	$62.78M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$8.21M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$75.32M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$23.29M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$30.26M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.18M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.55M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$29.64M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.18M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$488.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$16.50M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$69.43M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$105.87M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$18.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$40.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$235.74M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$35.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$87.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$43.89M	USD	1 Quarter
Interest (expense)	`InterestExpense`	$46.05M	USD	3 Qtrs
Interest (expense)	`InterestExpense`	$28.58M	USD	3 Qtrs
Interest (expense)	`InterestExpense`	$14.99M	USD	1 Quarter
Interest (expense)	`InterestExpense`	$9.79M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-213.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-417.00K	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-155.00K	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$189.27M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.84M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.07M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.09M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$15.25M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$5.75M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.20M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$37.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$28.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-22.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$94.88M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.32M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.89M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$56.59M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$151.47M	USD	3 Qtrs
Net income (loss) per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Net income (loss) per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Net income (loss) per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Net income (loss) per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.01	USD	3 Qtrs
Net income (loss) per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.01	USD	3 Qtrs
Net income (loss) per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Net income (loss) per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.22	USD	3 Qtrs
Net income (loss) per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	631.14M	shares	3 Qtrs
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.08M	shares	3 Qtrs
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	647.89M	shares	1 Quarter
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.12M	shares	1 Quarter
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	632.88M	shares	3 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	653.04M	shares	1 Quarter
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	689.11M	shares	3 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	690.71M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Common stock, convertible, conversion ratio	`CommonStockConvertibleConversionRatio`	0.00	pure	Point-in-time
Net income (loss)	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$28.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-22.43M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$94.88M	USD	2 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$4.57M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.10M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.40M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.68M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.18M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.55M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$29.64M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.18M	USD	1 Quarter
Depreciation of fixed assets	`Depreciation`	$87.00K	USD	3 Qtrs
Depreciation of fixed assets	`Depreciation`	-	USD	3 Qtrs
Amortization of fair value of acquired inventory	`AmortizationOfFairValueOfAcquiredInventory`	$44.52M	USD	3 Qtrs
Amortization of fair value of acquired inventory	`AmortizationOfFairValueOfAcquiredInventory`	-	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.08M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.28M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.32M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$3.85M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$937.00K	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.12M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$44.91M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$13.20M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$35.09M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$2.49M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.83M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$5.76M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.16M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.88M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.63M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.36M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.51M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.32M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$859.00K	USD	3 Qtrs
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	$4.50M	USD	3 Qtrs
Business acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Business acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.38B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.38B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.36M	USD	3 Qtrs
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$959.87M	USD	3 Qtrs
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$633.00K	USD	3 Qtrs
Proceeds from Revolver	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from Revolver	`ProceedsFromLinesOfCredit`	$50.00M	USD	3 Qtrs
Principal payments of Term Loan	`RepaymentsOfSecuredDebt`	$5.62M	USD	3 Qtrs
Principal payments of Term Loan	`RepaymentsOfSecuredDebt`	$15.08M	USD	3 Qtrs
Payments of Revolver	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payments of Revolver	`RepaymentsOfLinesOfCredit`	$25.00M	USD	3 Qtrs
Proceeds from the issuance of Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Proceeds from the issuance of Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	$450.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.53M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.45M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.42B	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.52M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$121.58M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.58M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.96M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.48M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.58M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.96M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.48M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$976.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$16.11M	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$25.50M	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$43.97M	USD	3 Qtrs
Cash paid during the year for offering and strategic transition costs	`CashPaidForOfferingAndStrategicTransitionCosts`	$3.84M	USD	3 Qtrs
Cash paid during the year for offering and strategic transition costs	`CashPaidForOfferingAndStrategicTransitionCosts`	-	USD	3 Qtrs
Public offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	-	USD	3 Qtrs
Public offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	$4.54M	USD	3 Qtrs
Increase in Related Party payable pursuant to Tax Receivable Agreement and decrease in Additional paid-in capital	`TransferToDueToRelatedParties`	$232.89M	USD	3 Qtrs
Increase in Related Party payable pursuant to Tax Receivable Agreement and decrease in Additional paid-in capital	`TransferToDueToRelatedParties`	-	USD	3 Qtrs

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$453.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$530.67M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$627.36M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$937.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$966.70M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$633.00K	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$959.87M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$28.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-22.43M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$94.88M	USD	2 Qtrs
Tax receivable agreement	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement`	$232.89M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.95M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.17M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$516.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$421.00K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	-	USD	Point-in-time
Ending balance	`StockholdersEquity`	$453.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$530.67M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$627.36M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$937.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$966.70M	USD	Point-in-time

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