10-Q Filing

OLAPLEX HOLDINGS, INC. CIK: 1868726 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001868726-23-000096`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	olpx-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 98 Cash Flow Statement 86 Stockholders Equity 56

Balance Sheet 82 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`	$23.98M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$322.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$429.59M	USD	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, shares, issued (shares)	`CommonStockSharesIssued`	654.72M	shares	Point-in-time
Accounts receivable, net of allowances of $23,978 and $19,198	`AccountsReceivableNetCurrent`	$51.88M	USD	Point-in-time
Common stock, shares, issued (shares)	`CommonStockSharesIssued`	650.09M	shares	Point-in-time
Accounts receivable, net of allowances of $23,978 and $19,198	`AccountsReceivableNetCurrent`	$46.22M	USD	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`	$112.76M	USD	Point-in-time
Common stock, shares, outstanding (shares)	`CommonStockSharesOutstanding`	654.72M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.42M	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
Preferred stock, par value (in usd 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`	$600.64M	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$522.22M	USD	Point-in-time
Preferred stock, shares issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$929.00K	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
Preferred stock, shares outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$959.86M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Goodwill	`Goodwill`	$168.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.09M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.44M	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Total assets	`Assets`	$1.74B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.75M	USD	Point-in-time
Sales and income taxes payable, net	`TaxesPayableCurrent`	$2.50M	USD	Point-in-time
Sales and income taxes payable, net	`TaxesPayableCurrent`	$3.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$17.41M	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`	$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`	$56.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$650.35M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$654.33M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.62M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$4.07M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`TaxReceivableAgreementNoncurrent`	$205.68M	USD	Point-in-time
Related Party payable pursuant to Tax Receivable Agreement	`TaxReceivableAgreementNoncurrent`	$189.39M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$916.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$901.77M	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, 654,724,366 and 650,091,380 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$654.00K	USD	Point-in-time
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 654,724,366 and 650,091,380 shares issued and outstanding as of September 30, 2023 and December 31, 2022, 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`	$324.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$312.88M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.81M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$512.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$464.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$780.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$524.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$840.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$744.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$679.20M	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.70B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.74B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$176.45M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$573.55M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$123.56M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$346.58M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$98.43M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$37.41M	USD	1 Quarter
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$141.00M	USD	3 Qtrs
Cost of product (excluding amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$45.48M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.30M	USD	3 Qtrs
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.14M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.59M	USD	1 Quarter
Amortization of patented formulations	`CostOfGoodsAndServicesSoldAmortization`	$5.09M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$46.63M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$146.09M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$104.73M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$40.01M	USD	1 Quarter
Gross profit	`GrossProfit`	$129.83M	USD	1 Quarter
Gross profit	`GrossProfit`	$427.46M	USD	3 Qtrs
Gross profit	`GrossProfit`	$241.85M	USD	3 Qtrs
Gross profit	`GrossProfit`	$83.55M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$119.77M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$36.43M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$30.81M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$79.23M	USD	3 Qtrs
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$30.89M	USD	3 Qtrs
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$10.38M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$10.33M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfOtherIntangibleAssets`	$31.02M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$41.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$46.81M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$150.79M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$110.12M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$36.74M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$317.34M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$91.06M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$88.69M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$10.50M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$30.26M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$9.51M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$30.65M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$3.85M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$2.25M	USD	1 Quarter
Other expense, net	`OtherNonoperatingExpense`	$1.33M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingExpense`	$970.00K	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-2.25M	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-970.00K	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-22.66M	USD	3 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-1.33M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.26M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.47M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$264.03M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.94M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$5.89M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$53.59M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$11.99M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$15.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.32	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.07	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.30	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.07	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	649.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	654.70M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	653.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	648.96M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	691.59M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	691.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	678.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	681.09M	shares	3 Qtrs
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$-557.00K	USD	1 Quarter
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.65M	USD	1 Quarter
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$-861.00K	USD	1 Quarter
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$229.00K	USD	3 Qtrs
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	3 Qtrs
Unrealized (loss) gain on derivatives, net of income tax effect	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	1 Quarter
Total other comprehensive (loss) income:	`OtherComprehensiveIncomeLossNetOfTax`	$229.00K	USD	3 Qtrs
Total other comprehensive (loss) income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	3 Qtrs
Total other comprehensive (loss) income:	`OtherComprehensiveIncomeLossNetOfTax`	$1.93M	USD	1 Quarter
Total other comprehensive (loss) income:	`OtherComprehensiveIncomeLossNetOfTax`	$-861.00K	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$212.37M	USD	3 Qtrs
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$19.50M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$62.69M	USD	1 Quarter
Comprehensive income:	`ComprehensiveIncomeNetOfTax`	$47.72M	USD	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$20.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$6.30M	USD	3 Qtrs
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$1.14M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$2.59M	USD	1 Quarter
Amortization of patent formulations	`CostOfGoodsAndServicesSoldAmortization`	$5.09M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$30.89M	USD	3 Qtrs
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.38M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$10.33M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfOtherIntangibleAssets`	$31.02M	USD	3 Qtrs
Inventory write-off and disposal	`InventoryWriteDownAndDisposal`	$9.80M	USD	3 Qtrs
Inventory write-off and disposal	`InventoryWriteDownAndDisposal`	$5.96M	USD	3 Qtrs
Depreciation of fixed assets	`Depreciation`	$233.00K	USD	3 Qtrs
Depreciation of fixed assets	`Depreciation`	$344.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.36M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.96M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$2.38M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.53M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$7.34M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.45M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.80M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-147.00K	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-795.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$52.51M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$5.66M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-23.26M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$57.13M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.34M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.17M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.96M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.28M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.31M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.58M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$390.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$181.81M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$239.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$500.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	$2.16M	USD	3 Qtrs
Purchase of software	`PaymentsToAcquireSoftware`	$1.61M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.71M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.45M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$814.00K	USD	3 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled share appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$64.00K	USD	3 Qtrs
Payments for shares withheld and retired for taxes and exercise price for stock-settled share appreciation rights	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$572.00K	USD	3 Qtrs
Payment to pre-IPO stockholders pursuant to Tax Receivable Agreement	`PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement`	$16.45M	USD	3 Qtrs
Payment to pre-IPO stockholders pursuant to Tax Receivable Agreement	`PaymentToPreIPOStockholdersPursuantToTaxReceivableAgreement`	-	USD	3 Qtrs
Principal payments for 2022 Term Loan Facility, and principal payments and prepayment fees for 2020 Term Loan Facility	`RepaymentsOfSecuredDebt`	$6.75M	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
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	$675.00M	USD	3 Qtrs
Proceeds from the issuance of 2022 Term Loan Facility	`ProceedsFromIssuanceOfSecuredDebt`	-	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`	$-18.82M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-117.08M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$106.78M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$63.01M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.59M	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`	$249.40M	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`	$429.59M	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`	$249.40M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$322.81M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$9.53M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$54.90M	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$21.72M	USD	3 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$44.42M	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
Assets acquired under operating lease	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Assets acquired under operating lease	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.13M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Beginning balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	654.72M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$840.39M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$589.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$744.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$806.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$817.85M	USD	Point-in-time
Net income	`NetIncomeLoss`	$20.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.49M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$210.44M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$61.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.72M	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`	109,620.00	shares	3 Qtrs
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
Exercise of stock-settled stock appreciation rights	`StockIssuedDuringPeriodValueNonOptionEquityInstrumentsExercised`	$326.00K	USD	1 Quarter
Shares withheld and retired for taxes on exercise of stock settled appreciation rights (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	83,501.00	shares	3 Qtrs
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 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`	256,846.00	shares	3 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.61M	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$798.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$352.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$74.00K	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`	$1.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.03M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.63M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.70M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.69M	USD	1 Quarter
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`	$-861.00K	USD	1 Quarter
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$229.00K	USD	3 Qtrs
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	3 Qtrs
Unrealized (loss) gain on derivatives (net of taxes)	`IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1`	$1.93M	USD	1 Quarter
Ending balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	650.09M	shares	Point-in-time
Ending balance, shares outstanding (in shares)	`CommonStockSharesOutstanding`	654.72M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$780.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$524.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$840.39M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$589.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$744.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$679.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$806.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$817.85M	USD	Point-in-time

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