10-Q Filing

Ranpak Holdings Corp. CIK: 1712463 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-002416`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	pack-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 112 Cash Flow Statement 74 Stockholders Equity 44

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	426.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.80M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$39.10M	USD	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	81.40M	shares	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	75.52M	shares	Point-in-time
Inventories, net	`InventoryNet`	$16.10M	USD	Point-in-time
Inventories, net	`InventoryNet`	$30.20M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$9.20M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$100.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$198.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$107.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$126.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$124.40M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$6.80M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$458.40M	USD	Point-in-time
Goodwill	`Goodwill`	$452.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$440.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$413.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.60M	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Total assets	`Assets`	$1.13B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.90M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$30.70M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$31.60M	USD	Point-in-time
Current portion of long-term debt	`CurrentPortionOfLongTermDebtAndFinanceLeaseLiabilities`	$500.00K	USD	Point-in-time
Current portion of long-term debt	`CurrentPortionOfLongTermDebtAndFinanceLeaseLiabilities`	$1.10M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$2.40M	USD	Point-in-time
Deferred machine fee revenue	`ContractWithCustomerLiabilityCurrent`	$1.40M	USD	Point-in-time
Deferred machine fee revenue	`ContractWithCustomerLiabilityCurrent`	$1.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$71.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$57.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$403.90M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$432.70M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$105.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$109.60M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$4.90M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$9.60M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$4.40M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$900.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$610.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$591.00M	USD	Point-in-time
Commitments and contingencies - Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$680.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$564.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.80M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.70M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$531.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$629.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$513.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$522.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$523.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$518.60M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$631.60M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$517.30M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$35.00M	USD	3 Qtrs
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$28.30M	USD	3 Qtrs
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$10.40M	USD	1 Quarter
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$11.80M	USD	1 Quarter
Net revenue	`Revenues`	$206.30M	USD	3 Qtrs
Net revenue	`Revenues`	$274.80M	USD	3 Qtrs
Net revenue	`Revenues`	$76.80M	USD	1 Quarter
Net revenue	`Revenues`	$97.10M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$164.80M	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$122.30M	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$59.10M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$46.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$38.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$27.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$56.90M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$70.80M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.60M	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.20M	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$8.70M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.90M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$26.10M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$7.70M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$2.90M	USD	3 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$1.90M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-100.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$11.10M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.80M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$2.30M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$100.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.60M	USD	3 Qtrs
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.90M	USD	3 Qtrs
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.50M	USD	1 Quarter
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.10M	USD	3 Qtrs
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.20M	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.10M	USD	3 Qtrs
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.30M	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.60M	USD	3 Qtrs
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.70M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$300.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$1.80M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.40M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$800.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-300.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.25	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.25	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	81.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.58M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	72.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	71.40M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.58M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.40M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.40M	shares	1 Quarter
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-11.10M	USD	3 Qtrs
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$17.90M	USD	Point-in-time
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$8.40M	USD	1 Quarter
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$4.90M	USD	1 Quarter
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$7.90M	USD	3 Qtrs
Unrealized gain (loss) on cross currency swap, Net Balance	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$6.80M	USD	Point-in-time
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-5.80M	USD	Point-in-time
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-12.20M	USD	3 Qtrs
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$4.00M	USD	3 Qtrs
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$800.00K	USD	1 Quarter
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-9.90M	USD	Point-in-time
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-500.00K	USD	1 Quarter
Cross currency swap adjustments	`OtherComprehensiveIncomeLossCrossCurrencySwapAdjustmentsBeforeTax`	$1.40M	USD	1 Quarter
Cross currency swap adjustments	`OtherComprehensiveIncomeLossCrossCurrencySwapAdjustmentsBeforeTax`	-	USD	1 Quarter
Cross currency swap adjustments	`OtherComprehensiveIncomeLossCrossCurrencySwapAdjustmentsBeforeTax`	$1.40M	USD	3 Qtrs
Cross currency swap adjustments	`OtherComprehensiveIncomeLossCrossCurrencySwapAdjustmentsBeforeTax`	-	USD	3 Qtrs
Total other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$2.70M	USD	1 Quarter
Total other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$7.90M	USD	1 Quarter
Total other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-4.30M	USD	3 Qtrs
Total other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-5.70M	USD	3 Qtrs
Benefit from income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$1.30M	USD	3 Qtrs
Benefit from income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$500.00K	USD	1 Quarter
Benefit from income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-2.10M	USD	3 Qtrs
Benefit from income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.40M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.20M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.80M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.60M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.00M	USD	3 Qtrs
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$-20.40M	USD	3 Qtrs
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$7.30M	USD	3 Qtrs
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$4.60M	USD	1 Quarter
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$1.70M	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-300.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$6.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.30M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.50M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.20M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-1.70M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-1.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-900.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.00M	USD	3 Qtrs
Amortization of initial value of hedging instrument	`AmortizationOfDeferredHedgeGains`	$-600.00K	USD	3 Qtrs
Amortization of initial value of hedging instrument	`AmortizationOfDeferredHedgeGains`	$-1.20M	USD	3 Qtrs
Currency (gain) loss on foreign denominated debt and notes payable	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.10M	USD	3 Qtrs
Currency (gain) loss on foreign denominated debt and notes payable	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.20M	USD	3 Qtrs
Amortization of restricted stock units	`RestrictedStockExpense`	$5.90M	USD	3 Qtrs
Amortization of restricted stock units	`RestrictedStockExpense`	$14.30M	USD	3 Qtrs
(Increase) decrease in receivables, net	`IncreaseDecreaseInAccountsReceivable`	$9.40M	USD	3 Qtrs
(Increase) decrease in receivables, net	`IncreaseDecreaseInAccountsReceivable`	$4.50M	USD	3 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$2.70M	USD	3 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$14.30M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-700.00K	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.00M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.20M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.00M	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.50M	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.50M	USD	3 Qtrs
Change in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$15.40M	USD	3 Qtrs
Change in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$800.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.80M	USD	3 Qtrs
Converter equipment	`PaymentsToAcquireMachineryAndEquipment`	$32.90M	USD	3 Qtrs
Converter equipment	`PaymentsToAcquireMachineryAndEquipment`	$21.10M	USD	3 Qtrs
Other capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.90M	USD	3 Qtrs
Other capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$7.70M	USD	3 Qtrs
Total capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.00M	USD	3 Qtrs
Total capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.60M	USD	3 Qtrs
Cash paid for investments in small private businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Cash paid for investments in small private businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.20M	USD	3 Qtrs
Patent and trademark expenditures	`PaymentsToAcquireIntangibleAssets`	$900.00K	USD	3 Qtrs
Patent and trademark expenditures	`PaymentsToAcquireIntangibleAssets`	$500.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.50M	USD	3 Qtrs
Proceeds from equity offering, gross	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from equity offering, gross	`ProceedsFromIssuanceOfCommonStock`	$104.00M	USD	3 Qtrs
Prepayments of term loan	`EarlyRepaymentOfSeniorDebt`	$20.90M	USD	3 Qtrs
Prepayments of term loan	`EarlyRepaymentOfSeniorDebt`	-	USD	3 Qtrs
Financing costs of equity offering	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Financing costs of equity offering	`PaymentsOfStockIssuanceCosts`	$600.00K	USD	3 Qtrs
Principal Payments on term loans	`RepaymentsOfLinesOfCredit`	$1.20M	USD	3 Qtrs
Principal Payments on term loans	`RepaymentsOfLinesOfCredit`	$1.20M	USD	3 Qtrs
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Payments on finance lease liabilities	`FinanceLeasePrincipalPayments`	$500.00K	USD	3 Qtrs
Exit Payment	`ExitPayment`	$8.20M	USD	3 Qtrs
Exit Payment	`ExitPayment`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.60M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.00K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-800.00K	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$61.90M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.60M	USD	3 Qtrs
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.70M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$110.40M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.50M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.70M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$110.40M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.50M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$531.80M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$629.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$513.90M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$522.90M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$523.80M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$518.60M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$631.60M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$517.30M	USD	Point-in-time
Beginning Balance (Shares)	`CommonStockSharesOutstanding`	81.40M	shares	Point-in-time
Beginning Balance (Shares)	`CommonStockSharesOutstanding`	75.52M	shares	Point-in-time
May 2021 equity offering	`May2021EquityOffering`	$103.40M	USD	1 Quarter
Stock-based awards vested and distributed	`StockIssuedDuringPeriodValueNewIssues`	$-1.70M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.00M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.20M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.70M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$6.90M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.70M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$4.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-300.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$6.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.60M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.00M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$531.80M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$629.30M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$513.90M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$522.90M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$523.80M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$518.60M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$631.60M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$517.30M	USD	Point-in-time
Ending Balance (Shares)	`CommonStockSharesOutstanding`	81.40M	shares	Point-in-time
Ending Balance (Shares)	`CommonStockSharesOutstanding`	75.52M	shares	Point-in-time

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