10-Q Filing

Latham Group, Inc. CIK: 1833197 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-015513`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	swim-20211002x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 70 Cash Flow Statement 75 Stockholders Equity 44 Comprehensive Income 16

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$90.87M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$59.31M	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$75.31M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$32.76M	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$64.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$80.70M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.38M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.13M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.85M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.06M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.68M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	118.85M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$167.33M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.85M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$263.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	118.85M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$47.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$58.77M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$22.00M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$25.38M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$345.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$793.00K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$1.04M	USD	Point-in-time
Goodwill	`Goodwill`	$115.75M	USD	Point-in-time
Goodwill	`Goodwill`	$115.16M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$289.47M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$271.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$733.75M	USD	Point-in-time
Total assets	`Assets`	$646.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.92M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$500.00K	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$1.05M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$13.04M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$14.23M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$59.45M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$50.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$93.94M	USD	Point-in-time
Long-term debt, net of discount and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$219.97M	USD	Point-in-time
Long-term debt, net of discount and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$208.45M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$55.19M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$55.95M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.65M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.54M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.94M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$398.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$365.07M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 and no shares authorized as of October 2, 2021 and December 31, 2020 respectively; no shares issued and outstanding as of both October 2, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 and no shares authorized as of October 2, 2021 and December 31, 2020 respectively; no shares issued and outstanding as of both October 2, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 and 500,000,000 shares authorized as of October 2, 2021 and December 31, 2020, respectively; 119,849,589 and 118,854,249 shares issued and outstanding as of October 2, 2021 and December 31, 2020, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 and 500,000,000 shares authorized as of October 2, 2021 and December 31, 2020, respectively; 119,849,589 and 118,854,249 shares issued and outstanding as of October 2, 2021 and December 31, 2020, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$377.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$265.48M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.77M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-42.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$430.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.35M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$335.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$193.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$216.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$195.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$115.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$176.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$281.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$320.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$733.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$646.68M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$127.51M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$291.47M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$161.96M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$491.59M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$77.20M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$186.70M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$329.81M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$110.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$50.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$104.77M	USD	3 Qtrs
Gross profit	`GrossProfit`	$161.79M	USD	3 Qtrs
Gross profit	`GrossProfit`	$50.99M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.07M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$20.10M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$50.89M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$170.53M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$5.49M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$4.05M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$12.17M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$16.56M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$41.71M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-25.30M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-2.57M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$26.16M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$3.99M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$4.27M	USD	1 Quarter
Interest expense	`InterestAndDebtExpense`	$20.84M	USD	3 Qtrs
Interest expense	`InterestAndDebtExpense`	$13.63M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.12M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.38M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$3.89M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$2.54M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.73M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.61M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-14.75M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-16.96M	USD	3 Qtrs
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$1.81M	USD	3 Qtrs
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$810.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.49M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.95M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-40.45M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.55M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.81M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.81M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.25M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.91M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-15.45M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$17.74M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$16.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$18.70M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.51	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.19	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.19	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.51	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	110.12M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96.67M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.39M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.12M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.01M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.12M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.15M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-56.36M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$18.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.69M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$5.91M	USD	3 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.87M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.44M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$104.58M	USD	3 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$-1.35M	USD	3 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$-825.00K	USD	3 Qtrs
Gain on sale of equity method investment	`GainOnSaleOfInvestments`	$3.86M	USD	3 Qtrs
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$1.81M	USD	3 Qtrs
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$810.00K	USD	1 Quarter
Distributions received from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.81M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$43.13M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$18.73M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.13M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-279.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.77M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.29M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.75M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$465.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.55M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.19M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$20.45M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.74M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$59.00K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$83.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.43M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.06M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.68M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.24M	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$33.00K	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$560.00K	USD	3 Qtrs
Return of equity method investment	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$447.00K	USD	3 Qtrs
Proceeds from the sale of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	$6.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.12M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.97M	USD	3 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$172.81M	USD	3 Qtrs
Payments on term loan borrowings	`RepaymentsOfMediumTermNotes`	$164.83M	USD	3 Qtrs
Payments on term loan borrowings	`RepaymentsOfMediumTermNotes`	$20.93M	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$5.00M	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$16.00M	USD	3 Qtrs
Payments on revolving credit facility borrowings	`RepaymentsOfRevolvingCreditFacilityBorrowings`	$5.00M	USD	3 Qtrs
Payments on revolving credit facility borrowings	`RepaymentsOfRevolvingCreditFacilityBorrowings`	$16.00M	USD	3 Qtrs
Deferred financing fees paid	`PaymentsOfFinancingCosts`	$1.25M	USD	3 Qtrs
Dividend to Class A unitholders	`PaymentsOfOrdinaryDividends`	$110.03M	USD	3 Qtrs
Proceeds from issuance of common stock and initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$615.00K	USD	3 Qtrs
Proceeds from issuance of common stock and initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$399.26M	USD	3 Qtrs
Repurchase and retirement of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$576.00K	USD	3 Qtrs
Repurchase and retirement of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$281.64M	USD	3 Qtrs
Payments of Narellan Group Pty Limited contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.62M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.32M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.51M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$769.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-224.00K	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.56M	USD	3 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.20M	USD	3 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.66M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.85M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.87M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.66M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.85M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.87M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.21M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$12.69M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$9.10M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$15.21M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$635.00K	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$226.00K	USD	3 Qtrs
Capitalized internal-use software included in accounts payable - related party	`CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid`	$1.05M	USD	3 Qtrs
Fair value of equity issued by Parent to settle contingent consideration in connection with the acquisition of Narellan Group Pty Limited	`FairValueOfEquityInstrumentsIssuedToRetireContingentConsiderationLiabilities`	$2.21M	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Dividend per share	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Balance, beginning of period	`StockholdersEquity`	$335.50M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$193.79M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$216.59M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$195.00M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$176.23M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$281.61M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$320.07M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-15.45M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$17.74M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$16.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$18.70M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$164.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$47.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-887.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.29M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.94M	USD	1 Quarter
Dividend ($1.00 per share)	`Dividends`	$110.03M	USD	1 Quarter
Issuance of common stock and Net proceeds from initial public offering	`StockIssuedDuringPeriodValueNewIssues`	$2.82M	USD	1 Quarter
Issuance of common stock and Net proceeds from initial public offering	`StockIssuedDuringPeriodValueNewIssues`	$399.26M	USD	1 Quarter
Repurchase and retirement of treasury stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$176.00K	USD	1 Quarter
Repurchase and retirement of treasury stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$64.94M	USD	1 Quarter
Repurchase and retirement of treasury stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$400.00K	USD	1 Quarter
Repurchase and retirement of treasury stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$216.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$978.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$224.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$240.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.51M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$335.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$193.79M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$216.59M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$195.00M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$176.23M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$281.61M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$320.07M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-15.45M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$17.74M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$16.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$18.70M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-887.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$47.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.92M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$404.00K	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-12.18M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$17.79M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$19.11M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-58.28M	USD	3 Qtrs

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