10-Q Filing

OLAPLEX HOLDINGS, INC. CIK: 1868726 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001868726-23-000064`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	olpx-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 95 Cash Flow Statement 82 Stockholders Equity 45

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$20.03M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$19.20M	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`	$378.42M	USD	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	650.09M	shares	Point-in-time
Accounts receivable, net of allowances of $20,028 and $19,198	`AccountsReceivableNetCurrent`	$50.30M	USD	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	654.53M	shares	Point-in-time
Accounts receivable, net of allowances of $20,028 and $19,198	`AccountsReceivableNetCurrent`	$46.22M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	654.53M	shares	Point-in-time
Inventory	`InventoryNet`	$144.43M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Inventory	`InventoryNet`	$128.51M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.40M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$522.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$570.62M	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
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 issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$932.00K	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`	$995.03M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$971.72M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.09M	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Total assets	`Assets`	$1.72B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.67M	USD	Point-in-time
Sales and income taxes payable, net	`TaxesPayableCurrent`	-	USD	Point-in-time
Sales and income taxes payable, net	`TaxesPayableCurrent`	$3.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$17.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$24.65M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.44M	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	`TaxReceivableAgreementCurrent`	$16.18M	USD	Point-in-time
Current portion of Related Party payable pursuant to Tax Receivable Agreement	`TaxReceivableAgreementCurrent`	$16.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.25M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$651.68M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$654.33M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.75M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.62M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`TaxReceivableAgreementNoncurrent`	$189.39M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`TaxReceivableAgreementNoncurrent`	$205.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$916.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$905.07M	USD	Point-in-time
Contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 654,530,828 and 650,091,380 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$649.00K	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 654,530,828 and 650,091,380 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$654.00K	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`	$312.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$321.56M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.67M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$491.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$464.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$806.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$817.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$524.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$679.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$780.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.01M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.70B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$210.90M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$109.24M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$223.03M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$397.10M	USD	2 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$61.02M	USD	2 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$95.52M	USD	2 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$29.78M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$52.29M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$3.95M	USD	2 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.96M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$3.71M	USD	2 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.18M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$31.75M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$99.46M	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$64.72M	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$54.47M	USD	1 Quarter
Gross profit	`GrossProfit`	$156.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$297.63M	USD	2 Qtrs
Gross profit	`GrossProfit`	$77.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$158.31M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$48.42M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$48.41M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$83.34M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$26.11M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$10.32M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$10.29M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$20.56M	USD	2 Qtrs
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$20.65M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$58.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.99M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$36.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$103.98M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$120.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$228.65M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$54.32M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$18.76M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$20.15M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$8.69M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$20.75M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$10.21M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$600.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$358.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$1.60M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$1.22M	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-20.40M	USD	2 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-600.00K	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-358.00K	USD	2 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-1.22M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.95M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.11M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.22M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$188.09M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$38.41M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$22.39M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$6.09M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.23	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.22	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	654.35M	shares	1 Quarter
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.89M	shares	2 Qtrs
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.97M	shares	1 Quarter
Weighted average common shares outstanding: Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	653.05M	shares	2 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	691.37M	shares	1 Quarter
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	682.11M	shares	2 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	692.99M	shares	2 Qtrs
Weighted average common shares outstanding: Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	680.35M	shares	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.09M	USD	2 Qtrs
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$-557.00K	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.65M	USD	1 Quarter
Unrealized gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	2 Qtrs
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.09M	USD	2 Qtrs
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Total other comprehensive income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.65M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$87.72M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$7.80M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$149.68M	USD	2 Qtrs
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$28.21M	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$27.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$3.95M	USD	2 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.96M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$3.71M	USD	2 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.18M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.32M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.29M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$20.56M	USD	2 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$20.65M	USD	2 Qtrs
Inventory write-off and disposal	`InventoryWriteDownAndDisposal`	$6.17M	USD	2 Qtrs
Inventory write-off and disposal	`InventoryWriteDownAndDisposal`	$4.32M	USD	2 Qtrs
Depreciation of fixed assets	`Depreciation`	$230.00K	USD	2 Qtrs
Depreciation of fixed assets	`Depreciation`	$152.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$636.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$906.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.54M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.24M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.42M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.65M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other operating	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-530.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.08M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$40.57M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$45.66M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-10.66M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-3.86M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$4.63M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.92M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.53M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.05M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.90M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$28.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$75.09M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$128.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$500.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	$1.37M	USD	2 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	$870.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-945.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$740.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.10M	USD	2 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled share appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$572.00K	USD	2 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled share appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$64.00K	USD	2 Qtrs
Payment to pre-IPO stockholders pursuant to tax receivable agreement	`PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement`	-	USD	2 Qtrs
Payment to pre-IPO stockholders pursuant to tax receivable agreement	`PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement`	$16.45M	USD	2 Qtrs
Principal payments for 2022 Term Loan Facility, and principal payments and prepayment fees for 2020 Term Loan Facility	`RepaymentsOfSecuredDebt`	$5.06M	USD	2 Qtrs
Principal payments for 2022 Term Loan Facility, and principal payments and prepayment fees for 2020 Term Loan Facility	`RepaymentsOfSecuredDebt`	$778.69M	USD	2 Qtrs
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	$675.00M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.94M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-115.47M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.48M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$55.61M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.64M	USD	2 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.03M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.81M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$378.42M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.39M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$198.03M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.81M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$378.42M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$186.39M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$9.51M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$35.18M	USD	2 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$29.34M	USD	2 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$13.49M	USD	2 Qtrs
Cash-settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	-	USD	2 Qtrs
Cash-settled units liability reclassification to additional paid in capital	`LiabilityReclassificationToAdditionalPaidInCapital`	$1.63M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	654.53M	shares	Point-in-time
Beginning balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$806.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$817.85M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$589.01M	USD	Point-in-time
Net income	`NetIncomeLoss`	$27.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Conversion of cash settled units to stock appreciation rights	`StockIssuedDuringPeriodValueConversionOfUnits`	$1.63M	USD	1 Quarter
Exercise of stock-settled stock appreciation rights (in shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised`	117,180.00	shares	2 Qtrs
Exercise of stock-settled stock appreciation rights (in shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised`	109,620.00	shares	2 Qtrs
Exercise of stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised`	$326.00K	USD	1 Quarter
Exercise of stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised`	$348.00K	USD	1 Quarter
Shares withheld and retired for taxes on exercise of stock settled appreciation rights (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	83,501.00	shares	2 Qtrs
Shares withheld and retired for taxes on exercise of stock settled appreciation rights (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	55,244.00	shares	2 Qtrs
Shares withheld and retired for taxes on exercise of stock-settled stock appreciation rights	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount`	$390.00K	USD	1 Quarter
Shares withheld and retired for taxes on exercise of stock-settled stock appreciation rights	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAmount`	$920.00K	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	231,846.00	shares	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.41M	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$798.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$740.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.30M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.63M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	1 Quarter
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.09M	USD	2 Qtrs
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$-557.00K	USD	1 Quarter
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.65M	USD	1 Quarter
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	-	USD	2 Qtrs
Ending balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	654.53M	shares	Point-in-time
Ending balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$806.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$817.85M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$589.01M	USD	Point-in-time

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