10-Q Filing

MISTER CAR WASH, INC. CIK: 1853513 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-001407`
Period End Date	20210630
Filing Date	20210813
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mcw-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 80 Cash Flow Statement 99 Stockholders Equity 40

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	261.91M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.97M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	296.06M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$114.65M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.37M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.23M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.81M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.61M	USD	Point-in-time
Inventory	`InventoryNet`	$6.41M	USD	Point-in-time
Inventory	`InventoryNet`	$6.42M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$134.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$181.40M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$279.61M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$263.03M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$681.54M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$696.13M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$127.02M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$125.64M	USD	Point-in-time
Goodwill	`Goodwill`	$731.99M	USD	Point-in-time
Goodwill	`Goodwill`	$737.41M	USD	Point-in-time
Goodwill	`Goodwill`	$755.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Total assets	`Assets`	$1.95B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.37M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$20.07M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$11.42M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$23.12M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$20.26M	USD	Point-in-time
Current maturities of debt	`LongTermDebtCurrent`	$8.40M	USD	Point-in-time
Current maturities of debt	`LongTermDebtCurrent`	$8.40M	USD	Point-in-time
Current maturities of operating lease liability	`OperatingLeaseLiabilityCurrent`	$35.55M	USD	Point-in-time
Current maturities of operating lease liability	`OperatingLeaseLiabilityCurrent`	$33.48M	USD	Point-in-time
Current maturities of finance lease liability	`FinanceLeaseLiabilityCurrent`	$526.00K	USD	Point-in-time
Current maturities of finance lease liability	`FinanceLeaseLiabilityCurrent`	$495.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$122.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$138.31M	USD	Point-in-time
Long-term portion of debt, net	`LongTermDebtNoncurrent`	$1.05B	USD	Point-in-time
Long-term portion of debt, net	`LongTermDebtNoncurrent`	$603.65M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$685.48M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$698.75M	USD	Point-in-time
Financing lease liability	`FinanceLeaseLiabilityNoncurrent`	$15.65M	USD	Point-in-time
Financing lease liability	`FinanceLeaseLiabilityNoncurrent`	$15.92M	USD	Point-in-time
Long-term deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.40M	USD	Point-in-time
Long-term deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$46.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.93B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 296,062,478 and 261,907,622 shares outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.62M	USD	Point-in-time
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 296,062,478 and 261,907,622 shares outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$733.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$91.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-770.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-162.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-76.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$41.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-34.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$16.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$574.02M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-44.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-63.60M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.95B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$257.11M	USD	2 Qtrs
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$372.59M	USD	2 Qtrs
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.86M	USD	1 Quarter
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$197.08M	USD	1 Quarter
Cost of labor and chemicals	`OperatingCostsAndExpenses`	$91.63M	USD	2 Qtrs
Cost of labor and chemicals	`OperatingCostsAndExpenses`	$34.06M	USD	1 Quarter
Cost of labor and chemicals	`OperatingCostsAndExpenses`	$87.86M	USD	1 Quarter
Cost of labor and chemicals	`OperatingCostsAndExpenses`	$139.61M	USD	2 Qtrs
Other store operating expenses	`OtherCostAndExpenseOperating`	$65.36M	USD	1 Quarter
Other store operating expenses	`OtherCostAndExpenseOperating`	$108.22M	USD	2 Qtrs
Other store operating expenses	`OtherCostAndExpenseOperating`	$126.45M	USD	2 Qtrs
Other store operating expenses	`OtherCostAndExpenseOperating`	$49.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.59M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$188.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$203.86M	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$6.31M	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-167.00K	USD	1 Quarter
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-510.00K	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$7.10M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$226.96M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$97.61M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$463.61M	USD	2 Qtrs
Total costs and expenses	`OperatingExpenses`	$335.03M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$30.15M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-137.95M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$4.24M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-91.02M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$16.23M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$33.42M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$27.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$13.74M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.92M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.18M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.18M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.04M	USD	Point-in-time
Total other expense	`NonoperatingIncomeExpense`	$-16.92M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-30.88M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-16.23M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-35.34M	USD	2 Qtrs
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.98M	USD	1 Quarter
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-154.87M	USD	1 Quarter
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-121.90M	USD	2 Qtrs
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.19M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-3.23M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-44.57M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-5.30M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-36.19M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-8.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$24.58M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$106.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-110.30M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-85.72M	USD	2 Qtrs
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-901.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$319.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$28.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-901.00K	USD	2 Qtrs
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$347.00K	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-85.37M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.65M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-795.00K	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-110.27M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.33	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.33	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	261.74M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	261.74M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	264.27M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	263.22M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	261.74M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	263.22M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	264.27M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	273.94M	shares	2 Qtrs

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-8.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$24.58M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$106.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-110.30M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-85.72M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.10M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$23.55M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$203.54M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$785.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$6.31M	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-167.00K	USD	1 Quarter
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-510.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$7.10M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.92M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.18M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.18M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.04M	USD	Point-in-time
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$698.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$342.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$827.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$413.00K	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$17.18M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$17.03M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-4.08M	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$38.44M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-242.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.20M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-1.11M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-41.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-270.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.78M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.35M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.93M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$21.75M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.61M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.84M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$289.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-14.02M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-16.45M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.01M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$219.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$119.67M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.41M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.19M	USD	2 Qtrs
Acquisition of car wash operations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.99M	USD	2 Qtrs
Acquisition of car wash operations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$44.65M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.20M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.50M	USD	2 Qtrs
Proceeds from issuance of common stock pursuant to initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	$468.75M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$121.00K	USD	2 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$308.00K	USD	2 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$329.00K	USD	2 Qtrs
Proceeds from secondary offering for employee tax withholdings	`TaxWithholdingReceivedOnBehalfOfEmployeesForSecondaryOffering`	-	USD	2 Qtrs
Proceeds from secondary offering for employee tax withholdings	`TaxWithholdingReceivedOnBehalfOfEmployeesForSecondaryOffering`	$14.87M	USD	2 Qtrs
Tax withholdings paid on behalf of employees for secondary offering	`TaxWithholdingPaidOnBehalfOfEmployeesForSecondaryOffering`	-	USD	2 Qtrs
Tax withholdings paid on behalf of employees for secondary offering	`TaxWithholdingPaidOnBehalfOfEmployeesForSecondaryOffering`	$-14.87M	USD	2 Qtrs
Proceeds from debt borrowings	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Proceeds from debt borrowings	`ProceedsFromIssuanceOfDebt`	$45.62M	USD	2 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$111.68M	USD	2 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Payments on debt borrowings	`RepaymentsOfDebt`	$454.87M	USD	2 Qtrs
Payments on debt borrowings	`RepaymentsOfDebt`	$4.20M	USD	2 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$125.68M	USD	2 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$28.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$226.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$121.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$240.00K	USD	2 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$31.00K	USD	1 Quarter
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$61.00K	USD	2 Qtrs
Payments of issuance costs pursuant to initial public offering	`PaymentsOfStockIssuanceCosts`	$25.76M	USD	2 Qtrs
Payments of issuance costs pursuant to initial public offering	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.56M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.04M	USD	2 Qtrs
Net change in cash and cash equivalents during period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.47M	USD	2 Qtrs
Net change in cash and cash equivalents during period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$51.38M	USD	2 Qtrs
Cash and cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.34M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.71M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.09M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.87M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.34M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.71M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.09M	USD	Point-in-time
Cash and cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.87M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$18.90M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$27.58M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$204.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$5.59M	USD	2 Qtrs
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$5.01M	USD	2 Qtrs
Property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$8.78M	USD	2 Qtrs
Issuance Costs Pursuant To Initial Public Offering In Accounts Payable And Other Accrued Expenses	`IssuanceCostsPursuantToInitialPublicOfferingInAccountsPayableAndOtherAccruedExpenses`	-	USD	2 Qtrs
Issuance Costs Pursuant To Initial Public Offering In Accounts Payable And Other Accrued Expenses	`IssuanceCostsPursuantToInitialPublicOfferingInAccountsPayableAndOtherAccruedExpenses`	$3.43M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Net of issuance costs	`PaymentsOfStockIssuanceCosts`	$25.76M	USD	2 Qtrs
Net of issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$41.60M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-34.88M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$16.65M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$574.02M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-44.14M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-63.60M	USD	Point-in-time
Beginning Balance , Shares	`SharesOutstanding`	261.74M	shares	Point-in-time
Issuance of common stock pursuant to initial public offering	`StockIssuedDuringPeriodValueNewIssues`	$439.56M	USD	1 Quarter
Adoption of new accounting standards, net of tax	`CumulativeEffectOfNewAccountingStandardInPeriodOfAdoption`	$19.80M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$310.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$203.23M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$398.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$387.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.62M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$267.00K	USD	1 Quarter
Exercise of stock options , Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.64M	shares	2 Qtrs
Shares repurchased	`StockRepurchasedDuringPeriodValue`	$1.72M	USD	1 Quarter
Shares repurchased	`StockRepurchasedDuringPeriodValue`	$534.00K	USD	1 Quarter
Shares repurchased	`StockRepurchasedDuringPeriodValue`	$5.00K	USD	1 Quarter
Shares repurchased	`StockRepurchasedDuringPeriodValue`	$324.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-901.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$319.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$28.00K	USD	1 Quarter
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-901.00K	USD	2 Qtrs
Gain (loss) on interest rate swap	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$347.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$106.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$8.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-110.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-85.72M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$41.60M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-34.88M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$16.65M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$574.02M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-44.14M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-63.60M	USD	Point-in-time
Ending Balance , Shares	`SharesOutstanding`	261.74M	shares	Point-in-time

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