10-Q Filing

Target Hospitality Corp. CIK: 1712189 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-007063`
Period End Date	20200331
Filing Date	20200528
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	th-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 45 Cash Flow Statement 83 Stockholders Equity 17

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.42M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$989.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	380.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	380.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	105.25M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	105.34M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	105.23M	shares	Point-in-time
Common stock, Number of share outstanding	`CommonStockSharesOutstanding`	100.84M	shares	Point-in-time
Common stock, Number of share outstanding	`CommonStockSharesOutstanding`	100.92M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	4.41M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	4.41M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.12M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,419 and $989, respectively	`AccountsReceivableNetCurrent`	$48.48M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $1,419 and $989, respectively	`AccountsReceivableNetCurrent`	$49.26M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.65M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.56M	USD	Point-in-time
Related party receivable	`DueFromRelatedPartiesCurrent`	$276.00K	USD	Point-in-time
Related party receivable	`DueFromRelatedPartiesCurrent`	$876.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$62.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$60.80M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$52.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$52.00K	USD	Point-in-time
Specialty rental assets, net	`PropertyPlantAndEquipmentNet`	$353.69M	USD	Point-in-time
Specialty rental assets, net	`PropertyPlantAndEquipmentNet`	$347.46M	USD	Point-in-time
Other property, plant and equipment, net	`PropertyPlantAndEquipmentOtherNet`	$11.18M	USD	Point-in-time
Other property, plant and equipment, net	`PropertyPlantAndEquipmentOtherNet`	$11.54M	USD	Point-in-time
Goodwill	`Goodwill`	$41.04M	USD	Point-in-time
Goodwill	`Goodwill`	$41.04M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$117.87M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$114.12M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$6.43M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$6.47M	USD	Point-in-time
Deferred financing costs revolver, net	`DeferredFinanceCostsNoncurrentNet`	$4.37M	USD	Point-in-time
Deferred financing costs revolver, net	`DeferredFinanceCostsNoncurrentNet`	$4.69M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.89M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.69M	USD	Point-in-time
Total assets	`Assets`	$600.79M	USD	Point-in-time
Total assets	`Assets`	$593.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.79M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$35.33M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$18.78M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueCurrent`	$14.97M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueCurrent`	$16.81M	USD	Point-in-time
Current portion of capital lease and other financing obligations (Note 11)	`FinanceLeaseLiabilityCurrent`	$1.71M	USD	Point-in-time
Current portion of capital lease and other financing obligations (Note 11)	`FinanceLeaseLiabilityCurrent`	$989.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.92M	USD	Point-in-time
Principal amount	`DebtInstrumentCarryingAmount`	$340.00M	USD	Point-in-time
Principal amount	`DebtInstrumentCarryingAmount`	$340.00M	USD	Point-in-time
Less: unamortized original issue discount	`DebtInstrumentUnamortizedDiscount`	$2.75M	USD	Point-in-time
Less: unamortized original issue discount	`DebtInstrumentUnamortizedDiscount`	$2.88M	USD	Point-in-time
Less: unamortized term loan deferred financing costs	`DeferredFinanceCostsNet`	$13.87M	USD	Point-in-time
Less: unamortized term loan deferred financing costs	`DeferredFinanceCostsNet`	$13.28M	USD	Point-in-time
Long-term debt, net	`SecuredDebt`	$323.97M	USD	Point-in-time
Long-term debt, net	`SecuredDebt`	$323.26M	USD	Point-in-time
Revolving credit facility (Note 10)	`LineOfCredit`	$85.00M	USD	Point-in-time
Revolving credit facility (Note 10)	`LineOfCredit`	$80.00M	USD	Point-in-time
Long-term capital lease and other financing obligations (Note 11)	`FinanceLeaseLiabilityNoncurrent`	$996.00K	USD	Point-in-time
Long-term capital lease and other financing obligations (Note 11)	`FinanceLeaseLiabilityNoncurrent`	$1.00M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueNoncurrent`	$5.99M	USD	Point-in-time
Deferred revenue and customer deposits	`DeferredRevenueNoncurrent`	$9.39M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.83M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$2.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$465.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$477.39M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.0001 par, 380,000,000 authorized, 105,338,760 issued and 100,923,993 outstanding as of March 31, 2020 and 105,254,929 issued and 100,840,162 outstanding as of December 31, 2019.	`CommonStockValue`	$10.00K	USD	Point-in-time
Common Stock, $0.0001 par, 380,000,000 authorized, 105,338,760 issued and 100,923,993 outstanding as of March 31, 2020 and 105,254,929 issued and 100,840,162 outstanding as of December 31, 2019.	`CommonStockValue`	$10.00K	USD	Point-in-time
Common Stock in treasury at cost, 4,414,767 shares as of March 31, 2020 and December 31, 2019, respectively	`TreasuryStockCommonValue`	$23.56M	USD	Point-in-time
Common Stock in treasury at cost, 4,414,767 shares as of March 31, 2020 and December 31, 2019, respectively	`TreasuryStockCommonValue`	$23.56M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$112.59M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$111.79M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-2.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-2.67M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$41.52M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$37.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$348.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$123.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$125.18M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$600.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$593.19M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$55.07M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$68.25M	USD	1 Quarter
Revenue	`Revenues`	$81.98M	USD	Annual
Revenue	`Revenues`	$71.66M	USD	1 Quarter
Depreciation of specialty rental assets	`CostOfGoodsAndServicesSoldDepreciation`	$9.90M	USD	1 Quarter
Depreciation of specialty rental assets	`CostOfGoodsAndServicesSoldDepreciation`	$9.90M	USD	Annual
Depreciation of specialty rental assets	`CostOfGoodsAndServicesSoldDepreciation`	$12.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$27.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$37.75M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.75M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.99M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$4.12M	USD	1 Quarter
Other depreciation and amortization	`OtherDepreciationAndAmortization`	$3.76M	USD	Annual
Restructuring costs	`RestructuringCharges`	$168.00K	USD	Annual
Restructuring costs	`RestructuringCharges`	$168.00K	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	-	USD	1 Quarter
Other income, net	`OtherOperatingIncomeExpenseNet`	$38.00K	USD	1 Quarter
Other income, net	`OtherOperatingIncomeExpenseNet`	$1.01M	USD	1 Quarter
Other income, net	`OtherOperatingIncomeExpenseNet`	$38.00K	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-10.89M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$14.06M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-907.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-907.00K	USD	1 Quarter
Interest expense , net	`InterestIncomeExpenseNet`	$-10.02M	USD	1 Quarter
Interest expense , net	`InterestIncomeExpenseNet`	$-4.03M	USD	Annual
Interest expense , net	`InterestIncomeExpenseNet`	$-4.03M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.83M	USD	Annual
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.03M	USD	1 Quarter
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.83M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.85M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.90M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$233.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-111.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-13.98M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.69M	USD	1 Quarter
Weighted average number shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	95.85M	shares	1 Quarter
Weighted average number shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	79.59M	shares	1 Quarter
Weighted average number shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	79.59M	shares	Annual
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	Annual
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.04	USD	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.79M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$3.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.12M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$52.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$257.00K	USD	Point-in-time
Total cash, cash cash equivalents, and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.38M	USD	Point-in-time
Total cash, cash cash equivalents, and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.56M	USD	Point-in-time
Depreciation	`Depreciation`	$10.14M	USD	1 Quarter
Total cash, cash cash equivalents, and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.45M	USD	Point-in-time
Depreciation	`Depreciation`	$13.27M	USD	1 Quarter
Total cash, cash cash equivalents, and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.84M	USD	Point-in-time
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.53M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.75M	USD	1 Quarter
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$54.00K	USD	1 Quarter
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$44.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$315.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$904.00K	USD	1 Quarter
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$122.00K	USD	1 Quarter
Amortization of original issue discount	`AmortizationOfDebtDiscountPremium`	$21.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$884.00K	USD	1 Quarter
Officer loan compensation expense	`OfficerLoanCompensationExpense`	$1.58M	USD	1 Quarter
Gain on involuntary conversio	`GainLossOnInvoluntaryConversion`	$619.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-907.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-907.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-35.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.04M	USD	1 Quarter
Provision for loss on receivables, net of recoveries	`ProvisionForDoubtfulAccounts`	$530.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.12M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.97M	USD	1 Quarter
Related party receivable	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$-578.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$422.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$949.00K	USD	1 Quarter
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.09M	USD	1 Quarter
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.80M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$-3.83M	USD	1 Quarter
Deferred revenue and customer deposits	`IncreaseDecreaseInDeferredRevenue`	$-5.24M	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.27M	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$199.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.75M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.55M	USD	1 Quarter
Purchase of specialty rental assets	`PaymentsToAcquireSpecialtyRentalAssets`	$10.75M	USD	1 Quarter
Purchase of specialty rental assets	`PaymentsToAcquireSpecialtyRentalAssets`	$14.62M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$13.00K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$37.00K	USD	1 Quarter
Receipt of insurance proceeds	`ProceedsFromInsuranceSettlementInvestingActivities`	$619.00K	USD	1 Quarter
Repayments from affiliates	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$638.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.02M	USD	1 Quarter
Proceeds from borrowings on Senior Secured Notes, net of discount	`ProceedsFromIssuanceOfSecuredDebt`	$336.70M	USD	1 Quarter
Principal payments on finance and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.48M	USD	1 Quarter
Principal payments on finance and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.00K	USD	1 Quarter
Proceeds from borrowings on finance and capital lease obligations	`ProceedsFromBorrowingsOnFinanceAndCapitalLeaseObligations`	$733.00K	USD	1 Quarter
Principal payments on borrowings from ABL	`RepaymentsOfLongTermLinesOfCredit`	$22.50M	USD	1 Quarter
Principal payments on borrowings from ABL	`RepaymentsOfLongTermLinesOfCredit`	$27.79M	USD	1 Quarter
Proceeds from borrowings on ABL	`ProceedsFromLongTermLinesOfCredit`	$47.24M	USD	1 Quarter
Proceeds from borrowings on ABL	`ProceedsFromLongTermLinesOfCredit`	$27.50M	USD	1 Quarter
Repayment of affiliate note	`RepaymentsOfRelatedPartyDebt`	$3.76M	USD	1 Quarter
Contributions from affiliate	`ProceedsFromContributionsFromAffiliates`	$39.11M	USD	1 Quarter
Recapitalization	`CashReceivedFromRecapitalization`	$218.75M	USD	1 Quarter
Recapitalization - cash paid to Algeco Seller	`CashPaidToRecapitalization`	$563.13M	USD	1 Quarter
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$13.94M	USD	1 Quarter
Restricted shares surrendered to pay tax liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$83.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.32M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.69M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$329.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-18.00K	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.93M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$717.00K	USD	1 Quarter
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.38M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.38M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.84M	USD	Point-in-time
Non-cash change in accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$7.18M	USD	1 Quarter
Non-cash contribution from affiliate - forgiveness of affiliate note	`NoncashContributionFromAffiliatesForgivenessOfAffiliateNote`	$104.28M	USD	1 Quarter
Non-cash distribution to PEAC - liability transfer from PEAC, net	`NoncashDistributionToAffiliatesLiabilityTransferFromAffiliateNet`	$-8.84M	USD	1 Quarter
Non-cash change in accrued deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$6.42M	USD	1 Quarter

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning Balances	`StockholdersEquity`	$348.99M	USD	Point-in-time
Beginning Balances	`StockholdersEquity`	$123.40M	USD	Point-in-time
Beginning Balances	`StockholdersEquity`	$127.89M	USD	Point-in-time
Beginning Balances	`StockholdersEquity`	$125.18M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$3.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.98M	USD	Annual
Recapitalization transaction	`RecapitalizationTransactionValue`	$314.20M	USD	1 Quarter
Contribution	`CashProceedsFromContributionsFromAffiliates`	$39.11M	USD	1 Quarter
Recapitalization transaction - cash paid to Algeco Seller	`AdjustmentToAdditionalPaidInCapitalPaymentsOfDistributionsToAffiliates`	$563.13M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$884.00K	USD	1 Quarter
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$83.00K	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-111.00K	USD	1 Quarter
Ending Balances	`StockholdersEquity`	$348.99M	USD	Point-in-time
Ending Balances	`StockholdersEquity`	$123.40M	USD	Point-in-time
Ending Balances	`StockholdersEquity`	$127.89M	USD	Point-in-time
Ending Balances	`StockholdersEquity`	$125.18M	USD	Point-in-time

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