10-Q Filing

Ranpak Holdings Corp. CIK: 1712463 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-051709`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	pack-10q_20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 113 Cash Flow Statement 96 Stockholders Equity 61

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	426.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$42.40M	USD	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	75.50M	shares	Point-in-time
Common stock, shares outstanding (shares)	`CommonStockSharesOutstanding`	70.81M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$36.10M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.60M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.50M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.20M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$71.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$96.90M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$122.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$126.00M	USD	Point-in-time
Goodwill	`Goodwill`	$453.10M	USD	Point-in-time
Goodwill	`Goodwill`	$448.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$458.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$441.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.20M	USD	Point-in-time
Total assets	`Assets`	$1.12B	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.80M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$15.50M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesAndOtherLiabilities`	$25.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.60M	USD	Point-in-time
Deferred machine fee revenue	`ContractWithCustomerLiabilityCurrent`	$800.00K	USD	Point-in-time
Deferred machine fee revenue	`ContractWithCustomerLiabilityCurrent`	$2.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.90M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$424.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$418.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$115.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$115.00M	USD	Point-in-time
Derivative instruments	`FinanceLeaseLiabilityNoncurrent`	$4.60M	USD	Point-in-time
Derivative instruments	`FinanceLeaseLiabilityNoncurrent`	$11.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$603.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$572.60M	USD	Point-in-time
Commitments and contingencies Note 13	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies Note 13	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$557.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$444.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$563.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$291.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-88.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-29.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.80M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.20M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$518.60M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$531.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$189.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$421.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$513.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$173.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$196.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$410.20M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$517.30M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.12B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time

Income Statement 113 line items

Line Item	Tag	Value	Unit	Period
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$14.40M	USD	2 Qtrs
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$10.40M	USD	1 Quarter
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$28.30M	USD	3 Qtrs
Machine lease revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$9.30M	USD	1 Quarter
Net revenue	`Revenues`	$106.40M	USD	2 Qtrs
Net revenue	`Revenues`	$206.30M	USD	3 Qtrs
Net revenue	`Revenues`	$76.80M	USD	1 Quarter
Net revenue	`Revenues`	$69.10M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$61.20M	USD	2 Qtrs
Cost of goods sold	`CostOfRevenue`	$46.60M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$122.30M	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$39.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$29.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$45.20M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.80M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$58.10M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.70M	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$300.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$7.40M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$7.70M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$22.90M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$17.70M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$10.30M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-2.90M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-2.20M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-500.00K	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-1.90M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$2.80M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$100.00K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$1.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-5.90M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.20M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.60M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.50M	USD	1 Quarter
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.20M	USD	1 Quarter
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.10M	USD	3 Qtrs
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.20M	USD	1 Quarter
Foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.20M	USD	2 Qtrs
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.30M	USD	1 Quarter
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.90M	USD	2 Qtrs
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.60M	USD	3 Qtrs
Loss before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.30M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.70M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$800.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.40M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-4.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.40M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Loss per share	`EarningsPerShareBasicAndDiluted`	$-0.26	USD	1 Quarter
Loss per share	`EarningsPerShareBasicAndDiluted`	$-19.20K	USD	2 Qtrs
Weighted average number of shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	995.00	shares	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.25	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-19.20K	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.25	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-19.20K	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	53.87M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	72.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	71.40M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	995.00	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.40M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	995.00	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.87M	shares	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$1.70M	USD	Point-in-time
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$9.40M	USD	Point-in-time
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$8.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-4.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-11.10M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$7.90M	USD	3 Qtrs
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-12.20M	USD	3 Qtrs
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	2 Qtrs
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-500.00K	USD	1 Quarter
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$1.40M	USD	Point-in-time
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-10.60M	USD	Point-in-time
Interest rate swap adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$7.90M	USD	1 Quarter
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-4.30M	USD	3 Qtrs
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-4.00M	USD	2 Qtrs
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-11.10M	USD	1 Quarter
Provision (benefit) for income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	2 Qtrs
Provision (benefit) for income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Provision (benefit) for income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-2.10M	USD	3 Qtrs
Provision (benefit) for income taxes related to other comprehensive income (loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.30M	USD	Point-in-time
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.10M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.80M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.40M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	2 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-23.00M	USD	2 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-20.40M	USD	3 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$1.70M	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-12.70M	USD	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.40M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.10M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$7.50M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.20M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$700.00K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-200.00K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-1.70M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-1.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.30M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-900.00K	USD	3 Qtrs
Loss on derivative contract	`UnrealizedGainLossOnDerivatives`	$-6.40M	USD	1 Quarter
Amortization of initial value of hedging instrument	`AmortizationOfDeferredHedgeGains`	$-1.20M	USD	3 Qtrs
Currency (gain) loss on foreign denominated debt and notes payable	`ForeignCurrencyTransactionGainLossUnrealized`	$2.40M	USD	2 Qtrs
Currency (gain) loss on foreign denominated debt and notes payable	`ForeignCurrencyTransactionGainLossUnrealized`	$800.00K	USD	1 Quarter
Currency (gain) loss on foreign denominated debt and notes payable	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.20M	USD	3 Qtrs
Amortization of restricted stock units	`RestrictedStockExpense`	$5.90M	USD	3 Qtrs
Amortization of restricted stock units	`RestrictedStockExpense`	$1.80M	USD	1 Quarter
(Increase) decrease in receivables, net	`IncreaseDecreaseInAccountsReceivable`	$4.90M	USD	3 Qtrs
(Increase) decrease in receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-1.80M	USD	2 Qtrs
(Increase) decrease in receivables, net	`IncreaseDecreaseInAccountsReceivable`	$800.00K	USD	1 Quarter
(Increase) decrease in income tax receivables, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$5.30M	USD	1 Quarter
(Increase) decrease in income tax receivables, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.70M	USD	2 Qtrs
(Increase) decrease in income tax receivables, net	`IncreaseDecreaseInIncomeTaxesReceivable`	$4.50M	USD	3 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$1.30M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$2.70M	USD	3 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-2.70M	USD	1 Quarter
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.70M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.00M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$500.00K	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.20M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.80M	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.10M	USD	1 Quarter
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.50M	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.10M	USD	1 Quarter
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.10M	USD	2 Qtrs
Change in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$800.00K	USD	3 Qtrs
Change in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.40M	USD	1 Quarter
Change in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.70M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.80M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-300.00K	USD	1 Quarter
Converter equipment	`PaymentsToAcquireMachineryAndEquipment`	$9.70M	USD	1 Quarter
Converter equipment	`PaymentsToAcquireMachineryAndEquipment`	$9.90M	USD	2 Qtrs
Converter equipment	`PaymentsToAcquireMachineryAndEquipment`	$21.10M	USD	3 Qtrs
Other capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$600.00K	USD	2 Qtrs
Other capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.90M	USD	3 Qtrs
Other capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$800.00K	USD	1 Quarter
Total capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.50M	USD	2 Qtrs
Total capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.00M	USD	3 Qtrs
Total capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.50M	USD	1 Quarter
Cash paid for acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$945.60M	USD	1 Quarter
Cash withdrawn from trust account	`ProceedsFromCashWithdrawnFromTrustAccount`	$308.10M	USD	1 Quarter
Patent and trademark expenditures	`PaymentsToAcquireIntangibleAssets`	$200.00K	USD	1 Quarter
Patent and trademark expenditures	`PaymentsToAcquireIntangibleAssets`	$300.00K	USD	2 Qtrs
Patent and trademark expenditures	`PaymentsToAcquireIntangibleAssets`	$500.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-648.20M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.80M	USD	2 Qtrs
Proceeds from issuance of term loans and credit facility	`ProceedsFromIssuanceOfLongTermDebt`	$534.60M	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$314.70M	USD	1 Quarter
Shares subject to Redemption	`PaymentsForRepurchaseOfCommonStock`	$158.30M	USD	1 Quarter
Financing costs of debt facilities	`PaymentsOfFinancingCosts`	$12.60M	USD	1 Quarter
Payments on term loans and credit facility	`RepaymentsOfLongTermDebt`	$14.40M	USD	2 Qtrs
Payments on term loans and credit facility	`RepaymentsOfLongTermDebt`	$1.20M	USD	3 Qtrs
Payments of promissory note	`RepaymentsOfNotesPayable`	$4.00M	USD	1 Quarter
Payment of deferred registration costs	`PaymentsOfStockIssuanceCosts`	$11.30M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$663.10M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.40M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.00K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.70M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.60M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.30M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.90M	USD	1 Quarter
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.70M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.50M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.20M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.60M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.70M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.50M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.20M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.60M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$518.60M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$531.80M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$189.80M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$421.30M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$513.90M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$173.40M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$196.40M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$410.20M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$517.30M	USD	Point-in-time
Beginning Balance (Shares)	`CommonStockSharesOutstanding`	75.50M	shares	Point-in-time
Beginning Balance (Shares)	`CommonStockSharesOutstanding`	70.81M	shares	Point-in-time
Forward purchase shares	`StockIssuedDuringPeriodValueForwardPurchaseShares`	-	USD	Point-in-time
Additional shares purchased	`StockIssuedDuringPeriodValueAdditionalSharesPurchased`	-	USD	Point-in-time
Conversion of forward purchase and additional shares	`StockIssuedDuringPeriodValueConversionOfForwardAdditionalShares`	$267.00M	USD	Point-in-time
Shares canceled	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	$33.00M	USD	Point-in-time
Convert Class B	`StockIssuedDuringPeriodValueConversionOfUnits`	$63.40M	USD	Point-in-time
Convert public shares	`StockIssuedDuringPeriodValueConversionOfPublicShares`	$125.00M	USD	Point-in-time
Convert private placement warrants	`StockIssuedDuringPeriodValueConversionOfPrivatePlacementWarrants`	$6.40M	USD	Point-in-time
Public shares redeemed	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	Point-in-time
Warrant exchange	`StockIssuedDuringPeriodValueForWarrantsExchange`	-	USD	1 Quarter
Stock-based awards vested and distributed	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Stock-based awards vested and distributed	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Purchase of Ranpak Corp.	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issue Director shares	`DirectorStockIssuedDuringPeriodValue`	-	USD	1 Quarter
Issue Director shares	`DirectorStockIssuedDuringPeriodValue`	-	USD	1 Quarter
Issue Director shares	`DirectorStockIssuedDuringPeriodValue`	-	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.00M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.60M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.70M	USD	1 Quarter
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$200.00K	USD	Point-in-time
Amortization of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$2.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$2.60M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-3.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.40M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-15.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.30M	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.00M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$518.60M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$531.80M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$189.80M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$421.30M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$513.90M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$173.40M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$196.40M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$410.20M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$517.30M	USD	Point-in-time
Ending Balance (Shares)	`CommonStockSharesOutstanding`	75.50M	shares	Point-in-time
Ending Balance (Shares)	`CommonStockSharesOutstanding`	70.81M	shares	Point-in-time

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