10-Q Filing

Latham Group, Inc. CIK: 1833197 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-017443`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	swim-20221001x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 74 Cash Flow Statement 85 Stockholders Equity 45 Comprehensive Income 20

Balance Sheet 85 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, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$30.62M	USD	Point-in-time
Cash	`Cash`	$43.95M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	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
Trade receivables, net	`AccountsReceivableNetCurrent`	$60.75M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$102.98M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$166.43M	USD	Point-in-time
Inventories, net	`InventoryNet`	$109.56M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.04M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.09M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	117.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.45M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.11M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	117.12M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.45M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$314.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$229.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$63.51M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$84.15M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$25.95M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$23.36M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$10.60M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$7.81M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$39.20M	USD	Point-in-time
Goodwill	`Goodwill`	$128.87M	USD	Point-in-time
Goodwill	`Goodwill`	$128.06M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$338.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$315.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$765.00K	USD	Point-in-time
Total assets	`Assets`	$794.48M	USD	Point-in-time
Total assets	`Assets`	$920.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.00M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$1.04M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartiesCurrent`	$850.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.25M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$17.22M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.49M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$59.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$64.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$115.92M	USD	Point-in-time
Long-term debt, net of discount, debt issuance costs and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$263.19M	USD	Point-in-time
Long-term debt, net of discount, debt issuance costs and current portion	`LongTermDebtNoncurrentExcludingRelatedPartyDebt`	$310.05M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$56.34M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$56.34M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.69M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$5.86M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$33.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$453.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$743.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$522.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$440.84M	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 shares authorized as of both October 1, 2022 and December 31, 2021; no shares issued and outstanding as of both October 1, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both October 1, 2022 and December 31, 2021; no shares issued and outstanding as of both October 1, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized as of October 1, 2022 and December 31, 2021; 117,121,134 and 119,445,611 shares issued and outstanding, as of October 1, 2022 and December 31, 2021, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Common stock, $0.0001 par value; 900,000,000 shares authorized as of October 1, 2022 and December 31, 2021; 117,121,134 and 119,445,611 shares issued and outstanding, as of October 1, 2022 and December 31, 2021, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$438.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$401.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-48.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-35.53M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.14M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$370.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$353.64M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$320.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$335.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$115.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$398.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$381.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$281.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$380.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$920.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$794.48M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$587.81M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$189.40M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$161.96M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$491.59M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$390.67M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$329.81M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$130.52M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$110.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$197.14M	USD	3 Qtrs
Gross profit	`GrossProfit`	$161.79M	USD	3 Qtrs
Gross profit	`GrossProfit`	$50.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.88M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.07M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$113.78M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$170.53M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$26.75M	USD	1 Quarter
Underwriting fees related to offering of common stock	`ExpenseRelatedToDistributionOrServicingAndUnderwritingFees`	$11.44M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$16.56M	USD	3 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$7.16M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.49M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$21.50M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$50.42M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-25.30M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-2.57M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$24.97M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.27M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.19M	USD	3 Qtrs
Interest expense	`InterestExpense`	$20.84M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$2.54M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.61M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-1.05M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$3.89M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-14.27M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-16.96M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-5.32M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.73M	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$1.33M	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$2.59M	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
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-40.45M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$38.74M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.49M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.98M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$25.40M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.91M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.81M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.11M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$13.34M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.88M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.12	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.51	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.12	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.51	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.17M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	110.12M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.15M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.52M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.12M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.87M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.15M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$13.34M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-56.36M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.69M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.83M	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`	$1.14M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseExpenseNonCash`	$5.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$40.41M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$104.58M	USD	3 Qtrs
Underwriting fees related to offering of common stock	`ExpenseRelatedToDistributionOrServicingAndUnderwritingFees`	$11.44M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	3 Qtrs
Other non-cash, net	`OtherNoncashIncomeExpense`	$-1.35M	USD	3 Qtrs
Other non-cash, net	`OtherNoncashIncomeExpense`	$-3.75M	USD	3 Qtrs
Gain on sale of equity method investment	`GainLossOnSaleOfEquityInvestments`	$3.86M	USD	3 Qtrs
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$1.33M	USD	1 Quarter
Earnings from equity method investment	`IncomeLossFromEquityMethodInvestments`	$2.59M	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`	-	USD	3 Qtrs
Distributions received from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.81M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$44.88M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$43.13M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$59.14M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.13M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.77M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.46M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.05M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.75M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$442.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$465.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.70M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.55M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.74M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-92.00K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$83.00K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$290.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.43M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.24M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.24M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.00M	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$24.00K	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$33.00K	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$384.00K	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`	$-11.97M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.36M	USD	3 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$320.12M	USD	3 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$172.81M	USD	3 Qtrs
Payments on long-term debt borrowings	`RepaymentsOfMediumTermNotes`	$164.83M	USD	3 Qtrs
Payments on long-term debt borrowings	`RepaymentsOfMediumTermNotes`	$285.63M	USD	3 Qtrs
Proceeds from borrowings on revolving credit facilities	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$16.00M	USD	3 Qtrs
Proceeds from borrowings on revolving credit facilities	`ProceedsFromBorrowingsOnRevolvingCreditFacility`	$25.00M	USD	3 Qtrs
Payments on revolving credit facilities	`RepaymentsOfRevolvingCreditFacilityBorrowings`	$25.00M	USD	3 Qtrs
Payments on revolving credit facilities	`RepaymentsOfRevolvingCreditFacilityBorrowings`	$16.00M	USD	3 Qtrs
Deferred financing fees paid	`PaymentsOfFinancingCosts`	$1.25M	USD	3 Qtrs
Deferred financing fees paid	`PaymentsOfFinancingCosts`	$6.87M	USD	3 Qtrs
Dividend to Class A unitholders	`PaymentsOfOrdinaryDividends`	$110.03M	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$257.66M	USD	3 Qtrs
Proceeds from initial public offering, net of underwriting discounts, commissions and offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$399.26M	USD	3 Qtrs
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$272.66M	USD	3 Qtrs
Repurchases and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$281.64M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.32M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.63M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-224.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.83M	USD	3 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.56M	USD	3 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.33M	USD	3 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.95M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.62M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.87M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.95M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.62M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.87M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.31M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.21M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$8.76M	USD	3 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$20.00M	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`	$226.00K	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.20M	USD	3 Qtrs
Capitalized internal-use software included in accounts payable - related party	`CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid`	$1.05M	USD	3 Qtrs
Capitalized internal-use software included in accounts payable - related party	`CapitalizedInternalUseSoftwareCostsIncurredButNotYetPaid`	$800.00K	USD	3 Qtrs
Right-of-use operating assets obtained in exchange for lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$45.88M	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Dividend per share	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Balance, beginning of period	`StockholdersEquity`	$353.64M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$320.07M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$335.50M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$398.04M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$381.91M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$281.61M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$380.10M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$13.34M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.88M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.81M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.92M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-887.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$164.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.22M	USD	1 Quarter
Net proceeds from initial public offering	`IncreaseInEquityDueToInitialPublicOffering`	$399.26M	USD	1 Quarter
Net proceeds from initial public offering	`IncreaseInEquityDueToInitialPublicOffering`	$399.30M	USD	Point-in-time
Dividend	`Dividends`	$110.03M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$269.10M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$64.94M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$216.70M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$15.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$257.66M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.51M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.06M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.93M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.43M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$353.64M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$320.07M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$335.50M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$115.43M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$398.04M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$381.91M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$281.61M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$380.10M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-56.36M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$13.34M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-53.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.88M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-887.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.81M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.92M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.51M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.51M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.92M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.81M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-887.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$9.06M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-12.18M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$7.83M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-58.28M	USD	3 Qtrs

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