10-Q Filing

VITA COCO COMPANY, INC. CIK: 1482981 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001482981-23-000106`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	coco-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 68 Cash Flow Statement 60 Stockholders Equity 16 Comprehensive Income 12

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.90M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.85M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.63M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.89M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.23M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.96M	shares	Point-in-time
Accounts receivable, net of allowance of $2,849 at September 30, 2023, and $2,898 at December 31, 2022	`AccountsReceivableNetCurrent`	$43.35M	USD	Point-in-time
Accounts receivable, net of allowance of $2,849 at September 30, 2023, and $2,898 at December 31, 2022	`AccountsReceivableNetCurrent`	$79.58M	USD	Point-in-time
Inventory	`InventoryNet`	$84.11M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Inventory	`InventoryNet`	$50.38M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.76M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Supplier advances	`SupplierAdvancesCurrent`	$1.52M	USD	Point-in-time
Supplier advances	`SupplierAdvancesCurrent`	$1.53M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$3.61M	USD	Point-in-time
Derivative assets	`DerivativeAssetsCurrent`	$3.15M	USD	Point-in-time
Asset held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$503.00K	USD	Point-in-time
Asset held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$174.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$247.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.08M	USD	Point-in-time
Goodwill	`Goodwill`	$7.79M	USD	Point-in-time
Goodwill	`Goodwill`	$7.79M	USD	Point-in-time
Supplier advances	`SupplierAdvancesNoncurrent`	$3.46M	USD	Point-in-time
Supplier advances	`SupplierAdvancesNoncurrent`	$4.36M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.25M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$4.26M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.68M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$1.72M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.72M	USD	Point-in-time
Total assets	`Assets`	$268.48M	USD	Point-in-time
Total assets	`Assets`	$197.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.41M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$51.24M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$38.34M	USD	Point-in-time
Notes payable, current	`NotesPayableCurrent`	$23.00K	USD	Point-in-time
Notes payable, current	`NotesPayableCurrent`	$15.00K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$71.00K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$1.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$74.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.35M	USD	Point-in-time
Notes payable, long-term	`LongTermNotesPayable`	$15.00K	USD	Point-in-time
Notes payable, long-term	`LongTermNotesPayable`	$25.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.29M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$75.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$56.66M	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 62,962,205 and 62,225,250 shares issued at September 30, 2023 and December 31, 2022, respectively 56,756,005 and 56,019,050 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$622.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 62,962,205 and 62,225,250 shares issued at September 30, 2023 and December 31, 2022, respectively 56,756,005 and 56,019,050 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$629.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$158.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$55.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$93.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-994.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.31M	USD	Point-in-time
Treasury stock, 6,206,200 shares at cost as of September 30, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$58.93M	USD	Point-in-time
Treasury stock, 6,206,200 shares at cost as of September 30, 2023, and December 31, 2022, respectively	`TreasuryStockCommonValue`	$58.93M	USD	Point-in-time
Total stockholders equity attributable to The Vita Coco Company, Inc.	`StockholdersEquity`	$192.60M	USD	Point-in-time
Total stockholders equity attributable to The Vita Coco Company, Inc.	`StockholdersEquity`	$141.09M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$197.76M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$268.48M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$138.06M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$387.47M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$335.80M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$124.04M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$81.89M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$91.47M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$246.54M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$254.87M	USD	3 Qtrs
Gross profit	`GrossProfit`	$140.93M	USD	3 Qtrs
Gross profit	`GrossProfit`	$56.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$32.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.93M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$89.86M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.02M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.65M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.96M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$8.62M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$23.52M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$7.91M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$51.07M	USD	3 Qtrs
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-3.96M	USD	1 Quarter
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$6.42M	USD	3 Qtrs
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$952.00K	USD	1 Quarter
Unrealized gain/(loss) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-1.76M	USD	3 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.21M	USD	1 Quarter
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-430.00K	USD	3 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-508.00K	USD	3 Qtrs
Foreign currency gain/(loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-364.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$30.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$824.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$130.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$213.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.00K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-4.35M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$5.72M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.11M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$478.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.18M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.63M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.09M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.96M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$10.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.01M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.01M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.84M	USD	1 Quarter
Net income attributable to The Vita Coco Company, Inc.	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net income attributable to The Vita Coco Company, Inc.	`NetIncomeLoss`	$39.86M	USD	3 Qtrs
Net income attributable to The Vita Coco Company, Inc.	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income attributable to The Vita Coco Company, Inc.	`NetIncomeLoss`	$10.62M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.71	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.49M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.29M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.66M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.03M	shares	3 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$328.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Net income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.62M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.44M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$503.00K	USD	3 Qtrs
(Gain)/loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	3 Qtrs
(Gain)/loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Bad debt expense	`ProvisionForLoanLossesExpensed`	$348.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForLoanLossesExpensed`	$255.00K	USD	3 Qtrs
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-3.96M	USD	1 Quarter
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$6.42M	USD	3 Qtrs
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$952.00K	USD	1 Quarter
Unrealized (gain)/loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-1.76M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.13M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.66M	USD	3 Qtrs
Impairment loss on assets held for sale	`FinanceLeaseRightOfUseAssetAmortization`	$363.00K	USD	3 Qtrs
Impairment loss on assets held for sale	`FinanceLeaseRightOfUseAssetAmortization`	$619.00K	USD	3 Qtrs
Noncash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$963.00K	USD	3 Qtrs
Noncash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$966.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.23M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-33.81M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$255.00K	USD	3 Qtrs
Prepaid expenses, net supplier advances, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.43M	USD	3 Qtrs
Prepaid expenses, net supplier advances, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.21M	USD	3 Qtrs
Accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesNoncurrent`	$17.36M	USD	3 Qtrs
Accounts payable, accrued expenses, and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesNoncurrent`	$-6.03M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.18M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.00M	USD	3 Qtrs
Cash paid for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$533.00K	USD	3 Qtrs
Cash paid for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$907.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-907.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-528.00K	USD	3 Qtrs
Proceeds from exercise of stock awards	`ProceedsFromStockOptionsExercised`	$2.67M	USD	3 Qtrs
Proceeds from exercise of stock awards	`ProceedsFromStockOptionsExercised`	$5.92M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLongTermLinesOfCredit`	$22.00M	USD	3 Qtrs
Repayments of borrowings on credit facility	`RepaymentsOfLongTermLinesOfCredit`	$12.50M	USD	3 Qtrs
Repayments of borrowings on credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Cash received (paid) on notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-22.00K	USD	3 Qtrs
Cash received (paid) on notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-18.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.15M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.90M	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.00K	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-544.00K	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$75.58M	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.48M	USD	3 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.69M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.21M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.21M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period (1)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.63M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Beginning balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.76M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$192.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$141.09M	USD	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Beginning balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Net income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.62M	USD	3 Qtrs
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.02M	shares	Point-in-time
Ending balance, common stock (in shares)	`CommonStockSharesOutstanding`	56.76M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$192.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$141.09M	USD	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time
Ending balance, treasury stock (in shares)	`TreasuryStockCommonShares`	6.21M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$7.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.62M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-102.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-426.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-317.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-552.00K	USD	3 Qtrs
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$7.16M	USD	1 Quarter
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$14.74M	USD	1 Quarter
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$39.54M	USD	3 Qtrs
Total comprehensive income attributable to The Vita Coco Company, Inc.	`ComprehensiveIncomeNetOfTax`	$10.07M	USD	3 Qtrs

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