10-K Filing

Liberty Energy Inc. CIK: 1694028 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001694028-19-000015`
Period End Date	20181231
Filing Date	20190228
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	lbrt-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 151 Cash Flow Statement 136 Stockholders Equity 48

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.36M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.74M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$3.83M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$6.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Accounts receivabletrade	`AccountsReceivableNetCurrent`	$153.59M	USD	Point-in-time
Accounts receivabletrade	`AccountsReceivableNetCurrent`	$195.96M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	$3.98M	USD	Point-in-time
Accounts receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	$15.14M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$79.23M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$58.78M	USD	Point-in-time
Unbilled revenuerelated party	`UnbilledReceivablesRelatedPartiesCurrent`	$59.00K	USD	Point-in-time
Unbilled revenuerelated party	`UnbilledReceivablesRelatedPartiesCurrent`	-	USD	Point-in-time
Inventories	`InventoryNet`	$60.02M	USD	Point-in-time
Inventories	`InventoryNet`	$55.52M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$49.92M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$352.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$461.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$627.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$494.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.30M	USD	Point-in-time
Total assets	`Assets`	$852.10M	USD	Point-in-time
Total assets	`Assets`	$1.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$80.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.85M	USD	Point-in-time
Accrued vendor invoices	`AccruedVendorInvoicesCurrent`	$78.65M	USD	Point-in-time
Accrued vendor invoices	`AccruedVendorInvoicesCurrent`	$67.77M	USD	Point-in-time
Operational accruals	`OperationalAccrualsCurrent`	$32.21M	USD	Point-in-time
Operational accruals	`OperationalAccrualsCurrent`	$36.41M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.79M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.99M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$9.23M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	-	USD	Point-in-time
Accrued interest and other	`InterestPayableCurrent`	$6.57M	USD	Point-in-time
Accrued interest and other	`InterestPayableCurrent`	$9.59M	USD	Point-in-time
Accrued liabilitiesrelated party	`AccountsPayableRelatedPartiesCurrent`	$2.00M	USD	Point-in-time
Accrued liabilitiesrelated party	`AccountsPayableRelatedPartiesCurrent`	$2.30M	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,365 and $1,739, respectively	`LongTermDebtCurrent`	$11.00K	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,365 and $1,739, respectively	`LongTermDebtCurrent`	$385.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$219.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$220.50M	USD	Point-in-time
Long-term debt, net of discount of $3,826 and $6,466, respectively, less current portion	`LongTermDebtNoncurrent`	$106.14M	USD	Point-in-time
Long-term debt, net of discount of $3,826 and $6,466, respectively, less current portion	`LongTermDebtNoncurrent`	$196.35M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$32.99M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxes`	-	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxes`	$16.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$375.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$416.85M	USD	Point-in-time
Commitments & contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments & contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable common units	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable common units	`TemporaryEquityCarryingAmountAttributableToParent`	$42.49M	USD	Point-in-time
Members equity	`MembersEquity`	-	USD	Point-in-time
Members equity	`MembersEquity`	$392.77M	USD	Point-in-time
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$312.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$119.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$433.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$307.75M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$228.97M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$852.10M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.12B	USD	Point-in-time

Income Statement 151 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.47B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$356.89M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.13B	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	$23.10M	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	$24.72M	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	$17.88M	USD	Annual
Total revenue	`Revenues`	$448.88M	USD	1 Quarter
Total revenue	`Revenues`	$441.85M	USD	1 Quarter
Total revenue	`Revenues`	$558.78M	USD	1 Quarter
Total revenue	`Revenues`	$628.08M	USD	1 Quarter
Total revenue	`Revenues`	$473.12M	USD	1 Quarter
Total revenue	`Revenues`	$252.39M	USD	1 Quarter
Total revenue	`Revenues`	$2.16B	USD	Annual
Total revenue	`Revenues`	$346.73M	USD	1 Quarter
Total revenue	`Revenues`	$1.49B	USD	Annual
Total revenue	`Revenues`	$374.77M	USD	Annual
Total revenue	`Revenues`	$495.16M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$339.31M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$328.43M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$418.87M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$376.83M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$455.47M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$354.73M	USD	Annual
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$211.63M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$267.63M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$1.63B	USD	Annual
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$377.59M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$1.15B	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$99.05M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$35.79M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$20.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.02M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.66M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.31M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.68M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$80.09M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$34.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$125.11M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$81.47M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.36M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.16M	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$5.61M	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$2.67M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-160.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-485.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-21.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-148.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$4.34M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$43.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-10.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-701.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-80.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$305.18M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$385.86M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$426.60M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$242.82M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$513.87M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$374.86M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$429.21M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$1.31B	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$1.85B	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$431.57M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$476.53M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$114.21M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$66.99M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$41.55M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-54.43M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$63.03M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$181.14M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$68.56M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$82.25M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$9.57M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$41.55M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$306.56M	USD	Annual
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.54M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$17.14M	USD	Annual
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.65M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$6.49M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$6.13M	USD	Annual
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$11.88M	USD	Annual
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.46M	USD	1 Quarter
Interest expense related party	`InterestExpenseRelatedParty`	$761.00K	USD	Annual
Interest expense related party	`InterestExpenseRelatedParty`	-	USD	Annual
Interest expense related party	`InterestExpenseRelatedParty`	-	USD	Annual
Total interest expense	`InterestExpense`	$2.51M	USD	1 Quarter
Total interest expense	`InterestExpense`	$3.33M	USD	1 Quarter
Total interest expense	`InterestExpense`	$17.14M	USD	Annual
Total interest expense	`InterestExpense`	$1.45M	USD	1 Quarter
Total interest expense	`InterestExpense`	$6.13M	USD	Annual
Total interest expense	`InterestExpense`	$5.35M	USD	1 Quarter
Total interest expense	`InterestExpense`	$12.64M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$289.42M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$78.60M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$38.08M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$110.67M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$62.07M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-60.56M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$168.50M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$15.93M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$12.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.38M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$8.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.15M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-60.56M	USD	Annual
Net income (loss)	`ProfitLoss`	$53.99M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$66.37M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$249.03M	USD	Annual
Net income (loss)	`ProfitLoss`	$168.50M	USD	Annual
Net income (loss)	`ProfitLoss`	$94.74M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$33.94M	USD	1 Quarter
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	$168.50M	USD	Annual
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	$8.71M	USD	Annual
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	$8.71M	USD	1 Quarter
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	$-60.56M	USD	Annual
Less: Net income (loss) attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.98M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.95M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.27M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$45.15M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.61M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$23.68M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$8.71M	USD	Point-in-time
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$34.09M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$18.99M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$57.68M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$126.35M	USD	Annual
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$63.66M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	-	USD	Annual
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$8.12M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$39.03M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	-	USD	Annual
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$49.59M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.84	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.81	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.84M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.84M	shares	Annual

Cash Flow Statement 136 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-60.56M	USD	Annual
Net income (loss)	`ProfitLoss`	$53.99M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$66.37M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$249.03M	USD	Annual
Net income (loss)	`ProfitLoss`	$168.50M	USD	Annual
Net income (loss)	`ProfitLoss`	$94.74M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$33.94M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$81.47M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$125.11M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$41.36M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$5.61M	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$2.67M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-160.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-485.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-21.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-148.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$4.34M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$43.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-10.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-701.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-80.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$4.03M	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$630.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.31M	USD	Annual
Inventory write down	`InventoryWriteDown`	-	USD	Annual
Inventory write down	`InventoryWriteDown`	$259.00K	USD	Annual
Inventory write down	`InventoryWriteDown`	$3.39M	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$5.45M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$20.49M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-23.07M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$133.69M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$41.02M	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$11.10M	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$1.94M	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-3.46M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$27.64M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$4.61M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.69M	USD	Annual
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.39M	USD	Annual
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.77M	USD	Annual
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.61M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.56M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$111.35M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.80M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$10.00K	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$300.00K	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$1.54M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-40.71M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.11M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$351.26M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$102.43M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$311.79M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$258.83M	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$6.08M	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$1.75M	USD	Annual
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$3.34M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-310.04M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-255.49M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.35M	USD	Annual
Cash flows from financing activities:	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Cash flows from financing activities:	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Cash flows from financing activities:	`ProceedsFromIssuanceOfCommonStock`	$230.17M	USD	Annual
Redemption of LLC Units from Legacy Owners	`PaymentsForRedemptionofRedeemableCommonUnits`	$25.90M	USD	Annual
Redemption of LLC Units from Legacy Owners	`PaymentsForRedemptionofRedeemableCommonUnits`	-	USD	Annual
Redemption of LLC Units from Legacy Owners	`PaymentsForRedemptionofRedeemableCommonUnits`	-	USD	Annual
Proceeds from borrowings on term loan, net of discount	`ProceedsFromIssuanceOfOtherLongTermDebt`	$171.50M	USD	Annual
Proceeds from borrowings on term loan, net of discount	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	Annual
Proceeds from borrowings on term loan, net of discount	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$49.00M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$62.85M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$57.44M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$140.56M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$84.70M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$158.56M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$30.00M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$36.70M	USD	Annual
Proceeds from Liberty Oilfield Services Holdings LLC	`ProceedsFromContributionsOfAssets`	-	USD	Annual
Proceeds from Liberty Oilfield Services Holdings LLC	`ProceedsFromContributionsOfAssets`	$2.12M	USD	Annual
Proceeds from Liberty Oilfield Services Holdings LLC	`ProceedsFromContributionsOfAssets`	-	USD	Annual
Distributions and dividends paid to noncontrolling interest unitholders and Class A Common Stock shareholders	`PaymentsOfDividends`	-	USD	Annual
Distributions and dividends paid to noncontrolling interest unitholders and Class A Common Stock shareholders	`PaymentsOfDividends`	-	USD	Annual
Distributions and dividends paid to noncontrolling interest unitholders and Class A Common Stock shareholders	`PaymentsOfDividends`	$11.58M	USD	Annual
Share Repurchase	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Share Repurchase	`PaymentsForRepurchaseOfCommonStock`	$82.90M	USD	Annual
Share Repurchase	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Proceeds from related party bridge loans	`ProceedsFromRelatedPartyDebt`	$60.00M	USD	Annual
Proceeds from related party bridge loans	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from related party bridge loans	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$119.00K	USD	Annual
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$5.53M	USD	Annual
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$315.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.04M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$413.00K	USD	Annual
Proceeds from issuance of redeemable common units	`ProceedsfromIssuanceofRedeemableCommonUnits`	-	USD	Annual
Proceeds from issuance of redeemable common units	`ProceedsfromIssuanceofRedeemableCommonUnits`	$39.79M	USD	Annual
Proceeds from issuance of redeemable common units	`ProceedsfromIssuanceofRedeemableCommonUnits`	-	USD	Annual
Payments for redemption of redeemable common units	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Payments for redemption of redeemable common units	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$62.74M	USD	Annual
Payments for redemption of redeemable common units	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Member contributions	`ProceedsFromContributionsFromParent`	$155.48M	USD	Annual
Member contributions	`ProceedsFromContributionsFromParent`	-	USD	Annual
Member contributions	`ProceedsFromContributionsFromParent`	-	USD	Annual
Distributions paid to noncontrolling interest unitholders	`PaymentsToMinorityShareholders`	$21.29M	USD	Annual
Distributions paid to noncontrolling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	Annual
Distributions paid to noncontrolling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	Annual
Payment of deferred equity offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payment of deferred equity offering costs	`PaymentsOfStockIssuanceCosts`	$6.24M	USD	Annual
Payment of deferred equity offering costs	`PaymentsOfStockIssuanceCosts`	$4.19M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$148.54M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.78M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$119.77M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$86.99M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.48M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.84M	USD	Annual
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.48M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$11.48M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$27.26M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	$13.96M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$4.72M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$9.77M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$45.70M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$29.69M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$18.69M	USD	Annual
Related party bridge loans exchanged for Redeemable Class 2 Common Units	`DebtConversionConvertedInstrumentAmount1`	-	USD	Annual
Related party bridge loans exchanged for Redeemable Class 2 Common Units	`DebtConversionConvertedInstrumentAmount1`	$60.68M	USD	Annual
Related party bridge loans exchanged for Redeemable Class 2 Common Units	`DebtConversionConvertedInstrumentAmount1`	-	USD	Annual

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`MembersEquity`	-	USD	Point-in-time
Beginning Balance	`MembersEquity`	$392.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$228.97M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time
Return on redeemable common units	`EquityDistributionsOnRedeemableSecurities`	$149.00K	USD	Point-in-time
Return on redeemable common units	`EquityDistributionsOnRedeemableSecurities`	$4.71M	USD	Annual
Exchange of Liberty LLC Units for Class A Common Stock and Class B Common Stock and extinguishment of redeemable common units	`StockIssuedDuringPeriodValueConversionOfUnits`	$44.54M	USD	Annual
Net deferred tax liability due to Corporate Reorganization	`AdjustmentstoAdditionalPaidinCapitalReorganizationDeferredTaxLiabilityNet`	$29.29M	USD	Annual
Issuance of Class A Common Stock, net of underwriter discount and offering costs	`StockIssuedDuringPeriodValueNewIssues`	$219.99M	USD	Annual
Redemption of Legacy Ownership, net of underwriter discount	`StockRedeemedOrCalledDuringPeriodValue`	$25.90M	USD	Annual
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	Annual
Liability due to tax receivable agreements	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability`	$2.29M	USD	Annual
Initial allocation of noncontrolling interest of Liberty LLC effective on the date of the IPO	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	Annual
Distributions and advances paid to noncontrolling interest unitholders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$21.29M	USD	Annual
Exchange of Class B Common Stock for Class A Common Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements	`AdjustmentsToAdditionalPaidInCapitalExchangeEffectOnDeferredTaxAssetNet`	$2.59M	USD	Annual
Restricted stock forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	Annual
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.45M	USD	Annual
Regular cash dividends declared and distributions paid	`Dividends`	$11.75M	USD	Annual
Share repurchases	`StockRepurchasedDuringPeriodValue`	$82.90M	USD	Annual
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	$168.50M	USD	Annual
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	$8.71M	USD	Annual
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	$8.71M	USD	1 Quarter
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	$-60.56M	USD	Annual
Net Income (Loss) Attributable to Predecessor	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$23.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.71M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$34.09M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$126.35M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$63.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	-	USD	Annual
Net income (loss)	`NetIncomeLoss`	$8.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$39.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	-	USD	Annual
Net income (loss)	`NetIncomeLoss`	$49.59M	USD	1 Quarter
Net income subsequent to Corporate Reorganization and IPO	`NetIncomeLossAttributableToParentExcludingPredecessor`	$240.33M	USD	Annual
Ending Balance	`MembersEquity`	-	USD	Point-in-time
Ending Balance	`MembersEquity`	$392.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$228.97M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time

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