10-K Filing

OLAPLEX HOLDINGS, INC. CIK: 1868726 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001868726-23-000021`
Period End Date	20221231
Filing Date	20230228
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	olpx-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 75 Cash Flow Statement 128 Stockholders Equity 27

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$19.20M	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, 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`	$322.81M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.39M	USD	Point-in-time
Accounts receivable, net of allowances of $19,198 and $8,231	`AccountsReceivableNetCurrent`	$46.22M	USD	Point-in-time
Accounts receivable, net of allowances of $19,198 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`	650.09M	shares	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	648.12M	shares	Point-in-time
Inventory	`InventoryNet`	$144.43M	USD	Point-in-time
Inventory	`InventoryNet`	$98.40M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	648.79M	shares	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
Other current assets	`OtherAssetsCurrent`	$9.62M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.77M	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$335.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$522.22M	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`	$747.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03M	USD	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$995.03M	USD	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 tax assets	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$8.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.09M	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.75M	USD	Point-in-time
Sales and income taxes payable	`TaxesPayableCurrent`	$12.14M	USD	Point-in-time
Sales and income taxes payable	`TaxesPayableCurrent`	$3.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$17.33M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$17.11M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.44M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$20.11M	USD	Point-in-time
Current portion of Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesCurrent`	$16.38M	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`	$55.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$72.91M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$654.33M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$738.09M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.62M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$232.90M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$225.12M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`DueToRelatedPartiesNoncurrent`	$205.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$916.72M	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, 650,091,380 and 648,794,041 shares issued and outstanding as of December 31, 2022 and 2021, respectively	`CommonStockValue`	$648.00K	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 650,091,380 and 648,794,041 shares issued and outstanding as of December 31, 2022 and 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 as of December 31, 2022 and 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding as of December 31, 2022 and 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$302.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$312.88M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.58M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$464.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$220.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$780.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$524.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$530.67M	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 75 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$704.27M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$598.37M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$282.25M	USD	Annual
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$177.22M	USD	Annual
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$116.55M	USD	Annual
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$96.61M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.05M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$7.99M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$7.50M	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$184.72M	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$102.66M	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$124.54M	USD	Annual
Gross profit	`GrossProfit`	$179.59M	USD	Annual
Gross profit	`GrossProfit`	$519.55M	USD	Annual
Gross profit	`GrossProfit`	$473.82M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$98.88M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$113.88M	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$37.17M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$40.79M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$41.28M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$39.83M	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$16.50M	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	Annual
Total operating expenses	`OperatingExpenses`	$139.67M	USD	Annual
Total operating expenses	`OperatingExpenses`	$93.49M	USD	Annual
Total operating expenses	`OperatingExpenses`	$155.16M	USD	Annual
Operating income	`OperatingIncomeLoss`	$86.09M	USD	Annual
Operating income	`OperatingIncomeLoss`	$334.15M	USD	Annual
Operating income	`OperatingIncomeLoss`	$364.39M	USD	Annual
Interest expense, net	`InterestExpense`	$41.18M	USD	Annual
Interest expense, net	`InterestExpense`	$38.65M	USD	Annual
Interest expense, net	`InterestExpense`	$61.15M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$3.08M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$3.62M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	-	USD	Annual
Other expense, net	`OtherNonoperatingExpense`	$190.00K	USD	Annual
Other expense, net	`OtherNonoperatingExpense`	$2.26M	USD	Annual
Other expense, net	`OtherNonoperatingExpense`	$1.01M	USD	Annual
Total other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-17.98M	USD	Annual
Total other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-190.00K	USD	Annual
Total other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.60M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.26M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$305.24M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$275.61M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$54.83M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$61.17M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$7.98M	USD	Annual
Net income	`NetIncomeLoss`	$244.07M	USD	Annual
Net income	`NetIncomeLoss`	$220.78M	USD	Annual
Net income	`NetIncomeLoss`	$39.28M	USD	Annual
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.34	USD	Annual
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Net income per share: Basic (in usd per share)	`EarningsPerShareBasic`	$0.38	USD	Annual
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.32	USD	Annual
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.06	USD	Annual
Net income per share: Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.35	USD	Annual
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	649.09M	shares	Annual
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	635.39M	shares	Annual
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.17M	shares	Annual
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	689.92M	shares	Annual
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	691.01M	shares	Annual
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	636.82M	shares	Annual
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$2.58M	USD	Annual
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	Annual
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.58M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$220.78M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.28M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$246.65M	USD	Annual

Cash Flow Statement 128 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$244.07M	USD	Annual
Net income	`NetIncomeLoss`	$220.78M	USD	Annual
Net income	`NetIncomeLoss`	$39.28M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.05M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$7.99M	USD	Annual
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$7.50M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$40.79M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$41.28M	USD	Annual
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$39.83M	USD	Annual
Inventory write-off and disposal	`InventoryWriteDown`	-	USD	Annual
Inventory write-off and disposal	`InventoryWriteDown`	-	USD	Annual
Inventory write-off and disposal	`InventoryWriteDown`	$8.18M	USD	Annual
Depreciation of fixed assets	`Depreciation`	$162.00K	USD	Annual
Depreciation of fixed assets	`Depreciation`	-	USD	Annual
Depreciation of fixed assets	`Depreciation`	$363.00K	USD	Annual
Amortization of fair value of acquired inventory	`AmortizationOfFairValueOfAcquiredInventory`	-	USD	Annual
Amortization of fair value of acquired inventory	`AmortizationOfFairValueOfAcquiredInventory`	$44.72M	USD	Annual
Amortization of fair value of acquired inventory	`AmortizationOfFairValueOfAcquiredInventory`	-	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.54M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.83M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.75M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$9.18M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.43M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$2.49M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$3.08M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$3.62M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	-	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$7.28M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$1.53M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$3.96M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other operating	`OtherNoncashIncomeExpense`	-	USD	Annual
Other operating	`OtherNoncashIncomeExpense`	-	USD	Annual
Other operating	`OtherNoncashIncomeExpense`	$-412.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$26.40M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$5.44M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$7.12M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$14.24M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$63.72M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$52.64M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.20M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.09M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-850.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.42M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.35M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.87M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.32M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.84M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$19.61M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.23M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.97M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$200.03M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$255.32M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$875.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$650.00K	USD	Annual
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of investment in nonconsolidated entity	`PaymentsToAcquireInvestments`	$4.50M	USD	Annual
Business acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.38B	USD	Annual
Business acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Business acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Purchase of software	`PaymentsToAcquireSoftware`	$2.03M	USD	Annual
Purchase of software	`PaymentsToAcquireSoftware`	$890.00K	USD	Annual
Purchase of software	`PaymentsToAcquireSoftware`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.38B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.68M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.26M	USD	Annual
Dividend / distribution payments	`PaymentsOfDividends`	-	USD	Annual
Dividend / distribution payments	`PaymentsOfDividends`	-	USD	Annual
Dividend / distribution payments	`PaymentsOfDividends`	$470.00M	USD	Annual
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$633.00K	USD	Annual
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from the issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$959.87M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.14M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.88M	USD	Annual
Proceeds from Revolver	`ProceedsFromLinesOfCredit`	$50.00M	USD	Annual
Proceeds from Revolver	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from Revolver	`ProceedsFromLinesOfCredit`	-	USD	Annual
Principal payments of Term Loan	`RepaymentsOfSecuredDebt`	$20.11M	USD	Annual
Principal payments of Term Loan	`RepaymentsOfSecuredDebt`	$10.65M	USD	Annual
Principal payments of Term Loan	`RepaymentsOfSecuredDebt`	$780.38M	USD	Annual
Payments for shares withheld and retired for taxes and exercise price for SARs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$774.00K	USD	Annual
Payments for shares withheld and retired for taxes and exercise price for SARs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payments for shares withheld and retired for taxes and exercise price for SARs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payments of Revolver	`RepaymentsOfLinesOfCredit`	$50.00M	USD	Annual
Payments of Revolver	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payments of Revolver	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Proceeds from the issuance of Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Proceeds from the issuance of Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	$675.00M	USD	Annual
Proceeds from the issuance of Term Loan	`ProceedsFromIssuanceOfSecuredDebt`	$800.00M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.94M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$15.62M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-116.22M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.34M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.26B	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$175.42M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.96M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$136.42M	USD	Annual
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	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`	$186.39M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.81M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	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`	$186.39M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.81M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$33.81M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$59.92M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$9.91M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$34.57M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$41.23M	USD	Annual
Cash paid during the year for interest	`InterestPaidNet`	$58.32M	USD	Annual
Offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	-	USD	Annual
Offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	-	USD	Annual
Offering and strategic transition costs included in accounts payable and accrued expenses	`InitialPublicOfferingCostsIncurredButNotYetPaid`	$243.00K	USD	Annual
(Decrease) increase in Related Party payable pursuant to Tax Receivable Agreement	`TransferToDueToRelatedParties`	$-3.08M	USD	Annual
(Decrease) increase in Related Party payable pursuant to Tax Receivable Agreement	`TransferToDueToRelatedParties`	-	USD	Annual
(Decrease) increase in Related Party payable pursuant to Tax Receivable Agreement	`TransferToDueToRelatedParties`	$232.89M	USD	Annual
Cash Settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	$1.63M	USD	Annual
Cash Settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	-	USD	Annual
Cash Settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	-	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$530.67M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$959.87M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$633.00K	USD	Annual
Net income	`NetIncomeLoss`	$244.07M	USD	Annual
Net income	`NetIncomeLoss`	$220.78M	USD	Annual
Net income	`NetIncomeLoss`	$39.28M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.28M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.96M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.53M	USD	Annual
Dividend payments	`Dividends`	$470.00M	USD	Annual
Tax receivable agreement	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement`	$232.89M	USD	Annual
Conversion of cash-settled units to stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueConversionOfUnits`	$1.63M	USD	Annual
Exercise of stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised`	$638.00K	USD	Annual
Shares withheld and retired on exercise of stock-settled stock appreciation rights	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount`	$1.41M	USD	Annual
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	669,399.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.14M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.88M	USD	Annual
Unrealized gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$2.58M	USD	Annual
Unrealized gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	Annual
Unrealized gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	Annual
Ending balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	-	USD	Point-in-time
Ending balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$530.67M	USD	Point-in-time

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