10-Q Filing

PATTERSON UTI ENERGY INC CIK: 889900 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-036578`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	pten-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 80 Cash Flow Statement 82 Stockholders Equity 55 Comprehensive Income 25

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.83M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.88M	USD	Point-in-time
Long-term debt, debt discount and issuance costs	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$4.99M	USD	Point-in-time
Long-term debt, debt discount and issuance costs	`DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet`	$5.47M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.29M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,828 and $2,875 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$491.05M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,828 and $2,875 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$565.52M	USD	Point-in-time
Inventory	`InventoryNet`	$68.04M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$58.04M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.31M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$91.95M	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
Common stock, authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$829.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$801.33M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.26B	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	304.93M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	302.33M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.26B	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$18.77M	USD	Point-in-time
Right of use asset	`OperatingLeaseRightOfUseAsset`	$20.84M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	213.57M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	207.99M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	88.76M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	96.93M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$5.84M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$5.14M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$14.22M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$13.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.13M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.21M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.03M	USD	Point-in-time
Total assets	`Assets`	$3.12B	USD	Point-in-time
Total assets	`Assets`	$3.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$237.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.56M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$204.01M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$308.79M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$5.12M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$4.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$550.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$454.32M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$17.29M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$19.59M	USD	Point-in-time
Long-term debt, net of debt discount and issuance costs of $4,992 and $5,468 at June 30, 2023 and December 31, 2022, respectively	`LongTermDebtNoncurrent`	$822.41M	USD	Point-in-time
Long-term debt, net of debt discount and issuance costs of $4,992 and $5,468 at June 30, 2023 and December 31, 2022, respectively	`LongTermDebtNoncurrent`	$830.94M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$58.63M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$28.74M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$48.06M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$44.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.40B	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; authorized 400,000,000 shares with 304,927,639 and 302,325,853 issued and 207,993,589 and 213,567,131 outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$3.02M	USD	Point-in-time
Common stock, par value $0.01; authorized 400,000,000 shares with 304,927,639 and 302,325,853 issued and 207,993,589 and 213,567,131 outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$3.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.20B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.21B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$62.90M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-87.39M	USD	Point-in-time
Treasury stock, at cost, 96,934,050 and 88,758,722 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.45B	USD	Point-in-time
Treasury stock, at cost, 96,934,050 and 88,758,722 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.55B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.72B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.61B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.14B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.12B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.55B	USD	2 Qtrs
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	2 Qtrs
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$622.24M	USD	1 Quarter
Total operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$758.88M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$238.49M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$126.81M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$121.55M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$254.99M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$33.26M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.08M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.82M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.54M	USD	2 Qtrs
Merger and integration expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.04M	USD	2 Qtrs
Merger and integration expenses	`BusinessCombinationAcquisitionRelatedCosts`	$182.00K	USD	1 Quarter
Merger and integration expenses	`BusinessCombinationAcquisitionRelatedCosts`	$7.94M	USD	2 Qtrs
Merger and integration expenses	`BusinessCombinationAcquisitionRelatedCosts`	$7.94M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$7.36M	USD	2 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$1.79M	USD	1 Quarter
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$10.46M	USD	2 Qtrs
Other operating income, net	`OtherOperatingIncomeExpenseNet`	$9.24M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$585.48M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$654.30M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.32B	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$1.11B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$36.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$104.58M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.88M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$230.54M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$29.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.45M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.21M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$14.00K	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$18.56M	USD	2 Qtrs
Interest expense, net of amount capitalized	`InterestExpense`	$21.22M	USD	2 Qtrs
Interest expense, net of amount capitalized	`InterestExpense`	$9.74M	USD	1 Quarter
Interest expense, net of amount capitalized	`InterestExpense`	$10.66M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$2.32M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$3.81M	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$-870.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$-2.45M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-13.10M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-12.30M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-22.06M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-6.20M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$98.38M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.18M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.67M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.24M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$13.77M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.78M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.71M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$33.95M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$184.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$84.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$99.68M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.88	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	215.72M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	207.84M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	209.95M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	216.16M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.98M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	211.19M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.72M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	219.68M	shares	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.16	USD	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Interest expense, capitalized interest	`InterestPaidCapitalized`	$400.00K	USD	2 Qtrs
Interest expense, capitalized interest	`InterestPaidCapitalized`	$836.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$184.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$84.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$99.68M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$238.49M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$126.81M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$121.55M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$254.99M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$404.00K	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$29.08M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.80M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.98M	USD	2 Qtrs
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$10.41M	USD	2 Qtrs
Net gain on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$1.37M	USD	2 Qtrs
Gain on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$1.11M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-534.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-896.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-74.47M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$116.86M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$12.30M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$15.06M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.66M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$24.28M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-4.93M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.52M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.21M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$42.66M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-106.55M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-50.31M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.20M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.02M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$397.21M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$132.39M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$250.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$96.37M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$191.20M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$7.79M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$15.35M	USD	2 Qtrs
Other	`PaymentsToAcquireOtherInvestments`	$9.00K	USD	2 Qtrs
Other	`PaymentsToAcquireOtherInvestments`	$2.34M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.19M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-242.21M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$12.90M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.92M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$17.26M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$33.51M	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfSeniorDebt`	$7.84M	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$45.00M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$20.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.16M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-142.26M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$449.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.73M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-97.89M	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`	$137.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.52M	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`	$137.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.52M	USD	Point-in-time
Interest, net of capitalized interest of $836 in 2023 and $400 in 2022	`InterestPaidNet`	$17.51M	USD	2 Qtrs
Interest, net of capitalized interest of $836 in 2023 and $400 in 2022	`InterestPaidNet`	$20.34M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-17.67M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-880.00K	USD	2 Qtrs
Net increase in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$12.72M	USD	2 Qtrs
Net increase in payables for purchases of property and equipment	`IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment`	$19.78M	USD	2 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-4.36M	USD	2 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-1.17M	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`	$0.08	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	1 Quarter
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.16	USD	2 Qtrs
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.08	USD	2 Qtrs
Dividend paid per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$1.72B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	304.93M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	302.33M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$184.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$84.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$99.68M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.79M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$115.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.68M	USD	1 Quarter
Release of cumulative translation adjustment	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	2 Qtrs
Release of cumulative translation adjustment	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	1 Quarter
Release of cumulative translation adjustment	`ReleaseOfCumulativeTranslationAdjustment`	-	USD	1 Quarter
Release of cumulative translation adjustment	`ReleaseOfCumulativeTranslationAdjustment`	$7.71M	USD	2 Qtrs
Exercised	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.37M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.64M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.16M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-758.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.74M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$8.65M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$16.92M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$8.61M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$16.59M	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$100.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$144.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$229.00K	USD	1 Quarter
Dividend equivalents	`DividendEquivalents`	$263.00K	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$74.31M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$13.00K	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$27.32M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$23.25M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.72B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	304.93M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	302.33M	shares	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.89M	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.78M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$184.29M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$84.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$21.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$99.68M	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	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	`ReleaseOfCumulativeTranslationAdjustmentNetIncomeLoss`	$3.77M	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	`ReleaseOfCumulativeTranslationAdjustmentNetIncomeLoss`	$3.77M	USD	2 Qtrs
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`	$115.00K	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustment, net of taxes of $0 for all periods	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
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	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`	$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`	-	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
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$84.61M	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`	$184.29M	USD	2 Qtrs

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