10-Q Filing

Liberty Energy Inc. CIK: 1694028 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001694028-19-000025`
Period End Date	20190331
Filing Date	20190503
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	lbrt-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 41 Cash Flow Statement 79 Stockholders Equity 35

Balance Sheet 89 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`	$1.36M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$3.49M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$3.83M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	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`	$223.65M	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`	$10.78M	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
Unbilled revenue	`UnbilledReceivablesCurrent`	$86.81M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$79.23M	USD	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
Inventories	`InventoryNet`	$60.02M	USD	Point-in-time
Inventories	`InventoryNet`	$74.35M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$49.92M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$479.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$461.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$640.77M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$627.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.54M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$55.31M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.12M	USD	Point-in-time
Total assets	`Assets`	$1.12B	USD	Point-in-time
Total assets	`Assets`	$1.27B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$122.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$80.49M	USD	Point-in-time
Accrued vendor invoices	`AccruedVendorInvoicesCurrent`	$67.77M	USD	Point-in-time
Accrued vendor invoices	`AccruedVendorInvoicesCurrent`	$68.12M	USD	Point-in-time
Operational accruals	`OperationalAccrualsCurrent`	$36.41M	USD	Point-in-time
Operational accruals	`OperationalAccrualsCurrent`	$21.20M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.93M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.79M	USD	Point-in-time
Accrued interest and other	`InterestPayableCurrent`	$9.59M	USD	Point-in-time
Accrued interest and other	`InterestPayableCurrent`	$7.98M	USD	Point-in-time
Accrued liabilitiesrelated party	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accrued liabilitiesrelated party	`AccountsPayableRelatedPartiesCurrent`	$2.30M	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,357 and $1,365, respectively	`LongTermDebtCurrent`	$392.00K	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,357 and $1,365, respectively	`LongTermDebtCurrent`	$385.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$12.71M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$14.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$219.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$274.41M	USD	Point-in-time
Long-term debt, net of discount of $3,488 and $3,826, respectively, less current portion	`LongTermDebtNoncurrent`	$106.14M	USD	Point-in-time
Long-term debt, net of discount of $3,488 and $3,826, respectively, less current portion	`LongTermDebtNoncurrent`	$106.04M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$32.99M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$27.02M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$16.82M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$20.07M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$38.02M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.81M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$513.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$375.69M	USD	Point-in-time
Commitments & contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments & contingencies (Note 13)	`CommitmentsAndContingencies`	-	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`	$314.97M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$312.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$133.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$119.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$433.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$449.97M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$307.75M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$305.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$650.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.12B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.27B	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$528.83M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$491.10M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$6.32M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$4.06M	USD	1 Quarter
Total revenue	`Revenues`	$495.16M	USD	1 Quarter
Total revenue	`Revenues`	$535.15M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$429.30M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$376.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.39M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-1.22M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-80.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$491.00M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$426.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$68.56M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$44.15M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$6.49M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$4.18M	USD	1 Quarter
Net income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$62.07M	USD	1 Quarter
Net income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$39.97M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.06M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.08M	USD	1 Quarter
Net income	`ProfitLoss`	$53.99M	USD	1 Quarter
Net income	`ProfitLoss`	$33.91M	USD	1 Quarter
Less: Net income attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	$8.71M	USD	1 Quarter
Less: Net income attributable to Predecessor, prior to Corporate Reorganization	`NetIncomeLossAttributabletoPredecessor`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.61M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.79M	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`	$23.68M	USD	1 Quarter
Net income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$18.12M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.92M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.43M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.18M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$53.99M	USD	1 Quarter
Net income	`ProfitLoss`	$33.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$38.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$28.02M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-1.22M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-80.00K	USD	1 Quarter
Interest expense on finance lease liability	`FinanceLeaseInterestExpense`	$651.00K	USD	1 Quarter
Interest expense on finance lease liability	`FinanceLeaseInterestExpense`	-	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.31M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$556.00K	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$419.00K	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	-	USD	1 Quarter
Share based compensation expense	`ShareBasedCompensation`	$2.88M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$70.06M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.51M	USD	1 Quarter
Accounts receivablerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$4.00M	USD	1 Quarter
Accounts receivablerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-4.36M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$15.29M	USD	1 Quarter
Unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$7.58M	USD	1 Quarter
Unbilled revenuerelated party	`IncreaseDecreaseInUnbilledReceivablesRelatedParties`	$-59.00K	USD	1 Quarter
Unbilled revenuerelated party	`IncreaseDecreaseInUnbilledReceivablesRelatedParties`	-	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.55M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$14.32M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-20.48M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.93M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$44.68M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.52M	USD	1 Quarter
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	-	USD	1 Quarter
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$-1.00M	USD	1 Quarter
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$5.09M	USD	1 Quarter
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.49M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$54.98M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$66.33M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$149.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$251.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.18M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.73M	USD	1 Quarter
Proceeds from issuance of common stock, net of underwriter discount	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuance of common stock, net of underwriter discount	`ProceedsFromIssuanceOfCommonStock`	$230.17M	USD	1 Quarter
Redemption of LLC Units from Legacy Owners	`PaymentsForRedemptionofRedeemableCommonUnits`	-	USD	1 Quarter
Redemption of LLC Units from Legacy Owners	`PaymentsForRedemptionofRedeemableCommonUnits`	$25.90M	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$438.00K	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$61.10M	USD	1 Quarter
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$30.00M	USD	1 Quarter
Contribution of assets from LOS Holdings	`ProceedsFromContributionsOfAssets`	-	USD	1 Quarter
Contribution of assets from LOS Holdings	`ProceedsFromContributionsOfAssets`	$2.12M	USD	1 Quarter
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	1 Quarter
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$3.28M	USD	1 Quarter
Class A common stock dividend	`PaymentsOfDividends`	$3.42M	USD	1 Quarter
Class A common stock dividend	`PaymentsOfDividends`	-	USD	1 Quarter
Distributions paid to noncontrolling interest unitholders	`PaymentsToMinorityShareholders`	$2.18M	USD	1 Quarter
Distributions paid to noncontrolling interest unitholders	`PaymentsToMinorityShareholders`	$4.12M	USD	1 Quarter
Share buyback	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Share buyback	`PaymentsForRepurchaseOfCommonStock`	$18.40M	USD	1 Quarter
Distributions to noncontrolling interest holders	`PaymentsToNoncontrollingInterestHolders`	$222.00K	USD	1 Quarter
Distributions to noncontrolling interest holders	`PaymentsToNoncontrollingInterestHolders`	-	USD	1 Quarter
Equity offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Equity offering costs	`PaymentsOfStockIssuanceCosts`	$5.39M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.93M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$105.78M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-44.62M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$81.75M	USD	1 Quarter
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$98.07M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$98.07M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$58.69M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$103.31M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.93M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$4.44M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$3.27M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$30.48M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$46.57M	USD	1 Quarter

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Price per unit (in dollar per share)	`PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest`	$0.05	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$650.92M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time
Distribution paid and payable to noncontrolling interest unitholders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$222.00K	USD	1 Quarter
Distribution paid and payable to noncontrolling interest unitholders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.35M	USD	1 Quarter
Exchanges of Class B Common Stock for Class A Common Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements	`AdjustmentsToAdditionalPaidInCapitalExchangeEffectOnDeferredTaxAssetNet`	$896.00K	USD	1 Quarter
$0.05/unit Distribution to noncontrolling unitholders	`NoncontrollingInterestDecreaseFromUnitDistributionsToNoncontrollingInterestHolders`	$2.18M	USD	1 Quarter
Regular cash dividends declared and distributions paid	`Dividends`	$3.52M	USD	1 Quarter
Restricted stock forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$-1.00K	USD	1 Quarter
Restricted stock forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	1 Quarter
Share repurchases	`StockRepurchasedDuringPeriodValue`	$17.10M	USD	1 Quarter
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.88M	USD	1 Quarter
RSU Vesting	`StockIssuedDuringPeriodValueRestrictedStockAwardVesting`	-	USD	1 Quarter
Return on redeemable common units	`EquityDistributionsOnRedeemableSecurities`	$149.00K	USD	Point-in-time
Exchange of Liberty LLC Units for Class A Common Stock and Class B Common Stock and extinguishment of Redeemable Common Units	`StockIssuedDuringPeriodValueConversionOfUnits`	$46.54M	USD	1 Quarter
Net deferred tax liability due to corporate reorganization	`AdjustmentstoAdditionalPaidinCapitalReorganizationDeferredTaxLiabilityNet`	$28.62M	USD	1 Quarter
Issuance of Class A Common Stock, net of underwriter discount and offering costs	`StockIssuedDuringPeriodValueNewIssues`	$219.93M	USD	1 Quarter
Redemption of Legacy Ownership, net of underwriter discount	`StockRedeemedOrCalledDuringPeriodValue`	$25.90M	USD	1 Quarter
Issuance of Restricted Stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Liability due to tax receivable agreements	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability`	$2.29M	USD	1 Quarter
Initial allocation of noncontrolling interest of Liberty LLC effective on the date of the IPO	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Net income prior to Corporate Reorganization	`NetIncomeLoss`	$8.71M	USD	Point-in-time
Net income prior to Corporate Reorganization	`NetIncomeLoss`	$23.68M	USD	1 Quarter
Net income prior to Corporate Reorganization	`NetIncomeLoss`	$18.12M	USD	1 Quarter
Net income	`NetIncomeLossAttributableToParentExcludingPredecessor`	$33.91M	USD	1 Quarter
Net income	`NetIncomeLossAttributableToParentExcludingPredecessor`	$45.28M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.77M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$650.92M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.32M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$740.81M	USD	Point-in-time

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