10-Q Filing

PATTERSON UTI ENERGY INC CIK: 889900 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-013869`
Period End Date	20220630
Filing Date	20220802
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pten-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 80 Cash Flow Statement 82 Stockholders Equity 55 Comprehensive Income 26

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.22M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.49M	USD	Point-in-time
Long-term debt, debt discount and issuance costs	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$6.43M	USD	Point-in-time
Long-term debt, debt discount and issuance costs	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$6.02M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.52M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $8,216 and $8,493 at June30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$473.15M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $8,216 and $8,493 at June30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$356.08M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$187.00K	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$67.00K	USD	Point-in-time
Inventory	`InventoryNet`	$53.53M	USD	Point-in-time
Inventory	`InventoryNet`	$42.36M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other	`OtherAssetsCurrent`	$67.62M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$74.71M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	302.33M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$583.65M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	299.27M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$621.22M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	215.14M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.29B	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	216.82M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.33B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	85.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	84.13M	shares	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$22.82M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$19.02M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.54M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.17M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$849.00K	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$5.21M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$11.05M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$11.38M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$2.82M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.98M	USD	Point-in-time
Total assets	`Assets`	$2.96B	USD	Point-in-time
Total assets	`Assets`	$2.96B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$190.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$252.69M	USD	Point-in-time
Federal and state income taxes payable	`AccruedIncomeTaxesCurrent`	$803.00K	USD	Point-in-time
Federal and state income taxes payable	`AccruedIncomeTaxesCurrent`	$232.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$238.51M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$189.20M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$6.89M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$5.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$448.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$435.85M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$21.61M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$18.11M	USD	Point-in-time
Long-term debt, net of debt discount and issuance costs of $6,016 and $6,432 at June 30, 2022 and December 31, 2021, respectively	`LongTermDebtNoncurrent`	$877.74M	USD	Point-in-time
Long-term debt, net of debt discount and issuance costs of $6,016 and $6,432 at June 30, 2022 and December 31, 2021, respectively	`LongTermDebtNoncurrent`	$852.32M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$29.23M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$25.46M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$10.66M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$12.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.01; Common stock, par value $0.01; authorized 400,000,000 shares with 302,325,853 and 299,268,967 issued and 216,821,730 and 215,139,972 outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.99M	USD	Point-in-time
Common stock, par value $0.01; Common stock, par value $0.01; authorized 400,000,000 shares with 302,325,853 and 299,268,967 issued and 216,821,730 and 215,139,972 outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$3.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.19B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-222.71M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-198.32M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.92M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Treasury stock, at cost, 85,504,123 and 84,128,995 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$1.37B	USD	Point-in-time
Treasury stock, at cost, 85,504,123 and 84,128,995 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$1.40B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.91B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.61B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.96B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.96B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	2 Qtrs
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$622.24M	USD	1 Quarter
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$291.77M	USD	1 Quarter
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$532.70M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$144.04M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$296.92M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$121.55M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$238.49M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.54M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.08M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$46.11M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.55M	USD	1 Quarter
Merger and integration related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.04M	USD	2 Qtrs
Merger and integration related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.15M	USD	2 Qtrs
Merger and integration related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.15M	USD	1 Quarter
Merger and integration related costs	`BusinessCombinationAcquisitionRelatedCosts`	$182.00K	USD	1 Quarter
Other operating (income) expenses, net	`OtherOperatingIncomeExpenseNet`	$2.79M	USD	1 Quarter
Other operating (income) expenses, net	`OtherOperatingIncomeExpenseNet`	$9.24M	USD	1 Quarter
Other operating (income) expenses, net	`OtherOperatingIncomeExpenseNet`	$10.46M	USD	2 Qtrs
Other operating (income) expenses, net	`OtherOperatingIncomeExpenseNet`	$2.52M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$759.64M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$585.48M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$401.18M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.11B	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-226.94M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$17.88M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-109.41M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$36.76M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$159.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$14.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$29.00K	USD	2 Qtrs
Interest expense, net of amount capitalized	`InterestExpense`	$10.66M	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$10.70M	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$21.22M	USD	2 Qtrs
Interest expense, net of amount capitalized	`InterestExpense`	$20.71M	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$812.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$-870.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$-2.45M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$826.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-9.87M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-19.73M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-13.10M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-22.06M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-119.28M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-246.66M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.18M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.67M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-36.94M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.71M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.78M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-15.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-106.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-209.72M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-103.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.55	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-1.12	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.12	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.55	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	188.04M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.72M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	216.16M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	188.41M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	219.68M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.04M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.41M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.72M	shares	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.02	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.02	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Interest expense, capitalized interest	`InterestPaidCapitalized`	$56.00K	USD	2 Qtrs
Interest expense, capitalized interest	`InterestPaidCapitalized`	$400.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-106.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-209.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-103.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$144.04M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$296.92M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$121.55M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$238.49M	USD	2 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$118.00K	USD	2 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$171.00K	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$404.00K	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-37.07M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.80M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.82M	USD	2 Qtrs
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$4.05M	USD	2 Qtrs
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$10.41M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$412.00K	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$416.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.44M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$116.86M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$542.00K	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$4.37M	USD	2 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$6.42M	USD	2 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoriesAndOtherOperatingAssets`	$17.67M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$42.66M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$34.47M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-49.49M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-8.79M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.10M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.02M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.05M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$56.57M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$191.20M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$96.37M	USD	1 Quarter
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$15.35M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$15.14M	USD	2 Qtrs
Other	`PaymentsToAcquireOtherInvestments`	$2.34M	USD	2 Qtrs
Other	`PaymentsToAcquireOtherInvestments`	$223.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.65M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.19M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.52M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$12.90M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$7.52M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$17.26M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$45.00M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$20.00M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.04M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.16M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$266.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$449.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-97.89M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.23M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.68M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.91M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.64M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.68M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.52M	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.91M	USD	Point-in-time
Interest, net of capitalized interest of $400 in 2022 and $56 in 2021	`InterestPaidNet`	$20.60M	USD	2 Qtrs
Interest, net of capitalized interest of $400 in 2022 and $56 in 2021	`InterestPaidNet`	$20.34M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$4.23M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-880.00K	USD	2 Qtrs
Net increase (decrease) in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$-5.23M	USD	2 Qtrs
Net increase (decrease) in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$19.78M	USD	2 Qtrs
Net (increase) decrease in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-4.36M	USD	2 Qtrs
Net (increase) decrease in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$117.00K	USD	2 Qtrs
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	-	USD	2 Qtrs
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	$10.37M	USD	2 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.02	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.02	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	2 Qtrs
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.81B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.91B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.02B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	302.33M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	299.27M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-106.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-209.72M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-103.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$115.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$255.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$673.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$418.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.79M	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.68M	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	2 Qtrs
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	2 Qtrs
Exercised	`StockIssuedDuringPeriodSharesStockOptionsExercised`	640,000.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.37M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.89M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.16M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.64M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$3.75M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$8.61M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$8.65M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$3.77M	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$18.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$100.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$144.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$55.00K	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$13.00K	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$3.52M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$23.25M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.81B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.91B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.02B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	302.33M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	299.27M	shares	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-106.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-209.72M	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-103.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes into net income (loss)	`ReleaseOfCumulativeTranslationAdjustmentNetIncomeLoss`	$3.77M	USD	2 Qtrs
Release of cumulative translation adjustment, net of taxes into net income (loss)	`ReleaseOfCumulativeTranslationAdjustmentNetIncomeLoss`	$3.77M	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$115.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$255.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$673.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$418.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.79M	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.68M	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	1 Quarter
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	2 Qtrs
Release of cumulative translation adjustment, net of taxes of $3,770, into net income (loss) for three and six months ended June 30, 2022	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-103.05M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-12.81M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$15.86M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-209.05M	USD	2 Qtrs

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