10-Q Filing

OLAPLEX HOLDINGS, INC. CIK: 1868726 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001868726-22-000058`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	olpx-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 96 Cash Flow Statement 90 Stockholders Equity 44

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$14.98M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$8.23M	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`	$249.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.39M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Accounts receivable, net of allowances of $14,976 and $8,231	`AccountsReceivableNetCurrent`	$40.78M	USD	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	648.79M	shares	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	649.11M	shares	Point-in-time
Accounts receivable, net of allowances of $14,976 and $8,231	`AccountsReceivableNetCurrent`	$93.29M	USD	Point-in-time
Inventory	`InventoryNet`	$98.40M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	649.11M	shares	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	648.79M	shares	Point-in-time
Inventory	`InventoryNet`	$151.28M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.62M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.28M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$335.19M	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$497.25M	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$747.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$614.00K	USD	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
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.01B	USD	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.04B	USD	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxAssetsNet`	$8.34M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxAssetsNet`	$12.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.50M	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.13M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$26.03M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$17.33M	USD	Point-in-time
Accrued sales and income taxes	`TaxesPayableCurrent`	$12.14M	USD	Point-in-time
Accrued sales and income taxes	`TaxesPayableCurrent`	$16.10M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$20.11M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.75M	USD	Point-in-time
Current portion of Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesCurrent`	$16.56M	USD	Point-in-time
Current portion of Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesCurrent`	$4.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$72.91M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$208.58M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$225.12M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$655.66M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$738.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$952.80M	USD	Point-in-time
Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 649,112,823 and 648,794,041 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$648.00K	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 649,112,823 and 648,794,041 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$649.00K	USD	Point-in-time
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$310.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$302.87M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$220.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$431.22M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$530.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$744.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$453.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$524.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$577.46M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$679.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$627.36M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.70B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$161.62M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$573.55M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$176.45M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$431.87M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$32.46M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$45.48M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$141.00M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$83.86M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.68M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.40M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$5.09M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.14M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$146.09M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$34.14M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$46.63M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$90.26M	USD	3 Qtrs
Gross profit	`GrossProfit`	$127.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$427.46M	USD	3 Qtrs
Gross profit	`GrossProfit`	$129.83M	USD	1 Quarter
Gross profit	`GrossProfit`	$341.61M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$75.32M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$30.81M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$79.23M	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`	$30.89M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.33M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.55M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$110.12M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$41.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$105.87M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$40.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$235.74M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$87.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$317.34M	USD	3 Qtrs
Interest expense	`InterestExpense`	$10.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$46.05M	USD	3 Qtrs
Interest expense	`InterestExpense`	$30.65M	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`	$-18.80M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$2.25M	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$213.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$417.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$3.85M	USD	3 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-2.25M	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-417.00K	USD	3 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-213.00K	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-22.66M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$264.03M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.84M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$189.27M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.94M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$53.59M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$15.25M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$15.18M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$37.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$45.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.32	USD	3 Qtrs
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.30	USD	3 Qtrs
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.22	USD	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`	648.12M	shares	1 Quarter
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.96M	shares	3 Qtrs
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	649.10M	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`	691.59M	shares	3 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	690.71M	shares	1 Quarter
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	691.26M	shares	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	3 Qtrs
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	3 Qtrs
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	1 Quarter
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	3 Qtrs
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Total comprehensive income:	`ComprehensiveIncomeNetOfTax`	$56.59M	USD	1 Quarter
Total comprehensive income:	`ComprehensiveIncomeNetOfTax`	$212.37M	USD	3 Qtrs
Total comprehensive income:	`ComprehensiveIncomeNetOfTax`	$151.47M	USD	3 Qtrs
Total comprehensive income:	`ComprehensiveIncomeNetOfTax`	$62.69M	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$45.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.68M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.40M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$5.09M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.14M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.18M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.89M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.33M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.55M	USD	3 Qtrs
Inventory write-off and disposal	`InventoryWriteDown`	-	USD	3 Qtrs
Inventory write-off and disposal	`InventoryWriteDown`	$5.96M	USD	3 Qtrs
Depreciation of fixed assets	`Depreciation`	$233.00K	USD	3 Qtrs
Depreciation of fixed assets	`Depreciation`	$87.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.08M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.96M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.53M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$3.85M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.45M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.12M	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`	$-18.80M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other operating	`OtherNoncashIncomeExpense`	$-147.00K	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$52.51M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$44.91M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$35.09M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$57.13M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.34M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$5.76M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.96M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.16M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.36M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.28M	USD	3 Qtrs
Other assets/liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	3 Qtrs
Other assets/liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$181.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.32M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$859.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00K	USD	3 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	$1.61M	USD	3 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	-	USD	3 Qtrs
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	$4.50M	USD	3 Qtrs
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.71M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.36M	USD	3 Qtrs
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$633.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$814.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled stock appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$572.00K	USD	3 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled stock appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Principal payments for 2022 Term Loan Facility, and principal payments and prepayment fees for 2020 Term Loan Facility	`RepaymentsOfSecuredDebt`	$780.38M	USD	3 Qtrs
Principal payments for 2022 Term Loan Facility, and principal payments and prepayment fees for 2020 Term Loan Facility	`RepaymentsOfSecuredDebt`	$15.08M	USD	3 Qtrs
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	$675.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.94M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-117.08M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.45M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$63.01M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.52M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.39M	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`	$121.48M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.40M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.39M	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`	$121.48M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$249.40M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$54.90M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$16.11M	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$21.72M	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`	$4.54M	USD	3 Qtrs
Public offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	-	USD	3 Qtrs
Increase in related party payable related to the tax receivable agreement	`TransferToDueToRelatedParties`	-	USD	3 Qtrs
Increase in related party payable related to the tax receivable agreement	`TransferToDueToRelatedParties`	$232.89M	USD	3 Qtrs
Cash-settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	$1.63M	USD	3 Qtrs
Cash-settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	-	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$530.67M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$744.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$589.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$453.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$577.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$627.36M	USD	Point-in-time
Net income	`NetIncomeLoss`	$45.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.35M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$151.47M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$56.59M	USD	1 Quarter
Conversion of cash-settled units to stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueConversionOfUnits`	$1.63M	USD	1 Quarter
Exercise of stock-settled stock appreciation rights (in shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised`	117,180.00	shares	3 Qtrs
Exercise of stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised`	$348.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$633.00K	USD	1 Quarter
Tax receivable agreement	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreements`	$232.89M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	256,846.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$74.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$740.00K	USD	1 Quarter
Shares withheld and retired for taxes on exercise of stock settled appreciation rights (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	55,244.00	shares	3 Qtrs
Shares withheld and retired on exercise of stock-settled stock appreciation rights	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount`	$920.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$627.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$547.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.03M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.95M	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	3 Qtrs
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$530.67M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$744.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$589.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$453.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$577.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$627.36M	USD	Point-in-time

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