10-Q Filing

ESAB Corp CIK: 1877322 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-014741`
Period End Date	20230331
Filing Date	20230502
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	esab-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 40 Cash Flow Statement 54 Stockholders Equity 25 Comprehensive Income 21

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.59M	USD	Point-in-time
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.47M	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 (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$82.06M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Trade receivables, less allowance for credit losses of $24,587 and $23,471	`AccountsReceivableNetCurrent`	$404.13M	USD	Point-in-time
Trade receivables, less allowance for credit losses of $24,587 and $23,471	`AccountsReceivableNetCurrent`	$374.33M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.09M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.22M	shares	Point-in-time
Inventories, net	`InventoryNet`	$416.83M	USD	Point-in-time
Inventories, net	`InventoryNet`	$448.34M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$56.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$55.83M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.06B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$988.67M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$283.81M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$284.23M	USD	Point-in-time
Goodwill	`Goodwill`	$1.53B	USD	Point-in-time
Goodwill	`Goodwill`	$1.56B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$517.17M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$518.37M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$97.31M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$92.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$342.15M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$324.65M	USD	Point-in-time
Total assets	`Assets`	$3.85B	USD	Point-in-time
Total assets	`Assets`	$3.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$355.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$316.26M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$275.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$285.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$601.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$630.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.22B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.22B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$543.56M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$545.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.37B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.39B	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,222,263 and 60,094,725 shares outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,222,263 and 60,094,725 shares outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$159.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$188.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-674.99M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-636.71M	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$1.42B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$38.25M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$38.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.75B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$647.91M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$684.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$436.61M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$423.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$247.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$224.33M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$135.41M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$147.28M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$5.30M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$9.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$83.61M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$90.66M	USD	1 Quarter
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$-556.00K	USD	1 Quarter
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$19.51M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.15M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$25.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$37.02M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$58.42M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$34.13M	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-2.02M	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-913.00K	USD	1 Quarter
Net income	`ProfitLoss`	$33.22M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$966.00K	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.31M	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$55.44M	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$31.90M	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.96	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.54	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.03	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.54	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.96	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.03	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$33.22M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Depreciation, amortization, and other impairment charges	`DepreciationAndAmortization`	$16.69M	USD	1 Quarter
Depreciation, amortization, and other impairment charges	`DepreciationAndAmortization`	$21.87M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.73M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.99M	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$2.29M	USD	1 Quarter
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$3.51M	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpense`	-	USD	1 Quarter
Non-cash interest expense	`NonCashInterestExpense`	$299.00K	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$29.83M	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$21.05M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$41.92M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$21.61M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.97M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.48M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.42M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.46M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.09M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.07M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.90M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.71M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$681.00K	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.75M	USD	1 Quarter
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.72M	USD	1 Quarter
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.75M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.16M	USD	1 Quarter
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	$187.00M	USD	1 Quarter
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	1 Quarter
Repayments of borrowings on revolving credit facility and other	`RepaymentsOfLongTermLinesOfCredit`	$189.76M	USD	1 Quarter
Repayments of borrowings on revolving credit facility and other	`RepaymentsOfLongTermLinesOfCredit`	$511.00K	USD	1 Quarter
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.50M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividends`	$3.03M	USD	1 Quarter
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$941.00K	USD	1 Quarter
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$1.25M	USD	1 Quarter
Transfers from Former Parent, net	`TransfersToFromParentNet`	$-2.85M	USD	1 Quarter
Transfers from Former Parent, net	`TransfersToFromParentNet`	-	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-105.00K	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.05M	USD	1 Quarter
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.77M	USD	1 Quarter
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.60M	USD	1 Quarter
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$15.42M	USD	1 Quarter
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.04M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.02M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.63M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.02M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Other comprehensive income (loss), tax expense (benefit)	`OtherComprehensiveIncomeLossTax`	$579.00K	USD	1 Quarter
Other comprehensive income (loss), tax expense (benefit)	`OtherComprehensiveIncomeLossTax`	$-934.00K	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.09M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.22M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Net income	`ProfitLoss`	$33.22M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.36M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$941.00K	USD	1 Quarter
Dividends declared ($0.05 per share)	`DividendsCommonStock`	$3.03M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$38.78M	USD	1 Quarter
Former Parent common stock-based award activity	`SharesIssuedValueShareBasedPaymentArrangementWithFormerParentCompany`	$1.73M	USD	1 Quarter
Transfers to Former Parent, net	`MembersEquityTransfersToFromParentNet`	$-2.85M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.23M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.09M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.22M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$45.00K	USD	1 Quarter
Net income	`ProfitLoss`	$33.22M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$338.00K	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Unrealized gain on hedging activities, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$66.00K	USD	1 Quarter
Foreign currency translation, net of tax expense of $45 and $338	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$42.08M	USD	1 Quarter
Foreign currency translation, net of tax expense of $45 and $338	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-45.19M	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$1.04M	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$241.00K	USD	1 Quarter
Unrealized loss on derivatives designated and qualifying as cash flow hedges, net of tax benefit of $1,045	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.58M	USD	1 Quarter
Unrealized loss on derivatives designated and qualifying as cash flow hedges, net of tax benefit of $1,045	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Defined benefit pension and other post-retirement plan activity, net of tax expense of $66 and $241	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-786.00K	USD	1 Quarter
Defined benefit pension and other post-retirement plan activity, net of tax expense of $66 and $241	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-277.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$38.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$72.00M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$458.00K	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.81M	USD	1 Quarter
Comprehensive income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$70.18M	USD	1 Quarter
Comprehensive income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$11.54M	USD	1 Quarter

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