10-Q Filing

Liberty Energy Inc. CIK: 1694028 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001694028-21-000021`
Period End Date	20210331
Filing Date	20210430
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	lbrt-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 46 Cash Flow Statement 72 Stockholders Equity 26 Comprehensive Income 10

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$773.00K	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$773.00K	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$4.42M	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$24.71M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	$1.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.98M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.53M	USD	Point-in-time
Accounts receivabletrade, net of provision for credit losses of $773 and $773, respectively	`AccountsReceivableNetCurrent`	$200.71M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts receivabletrade, net of provision for credit losses of $773 and $773, respectively	`AccountsReceivableNetCurrent`	$244.43M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$2.81M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.38M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$135.75M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$69.52M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.39M	USD	Point-in-time
Inventories	`InventoryNet`	$118.57M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$711.00K	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$1.05M	USD	Point-in-time
Inventories	`InventoryNet`	$129.34M	USD	Point-in-time
Prepaid and other current assets (including $4,417 and $24,708, respectively, from related parties)	`PrepaidExpenseAndOtherAssetsCurrent`	$47.89M	USD	Point-in-time
Payable pursuant to tax receivable agreements, related parties	`AccruedIncomeTaxesRelatedPartiesNoncurrent`	$27.17M	USD	Point-in-time
Prepaid and other current assets (including $4,417 and $24,708, respectively, from related parties)	`PrepaidExpenseAndOtherAssetsCurrent`	$65.64M	USD	Point-in-time
Payable pursuant to tax receivable agreements, related parties	`AccruedIncomeTaxesRelatedPartiesNoncurrent`	$53.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$583.22M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$567.13M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.12B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.11B	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$38.73M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$36.16M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.88M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$70.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$81.89M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$77.95M	USD	Point-in-time
Other tax asset	`OtherAssetsNoncurrent`	$5.36M	USD	Point-in-time
Other tax asset	`OtherAssetsNoncurrent`	$43.51M	USD	Point-in-time
Total assets	`Assets`	$1.92B	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Accounts payable (including $1,699 and $0, respectively, to related parties)	`AccountsPayableCurrent`	$193.34M	USD	Point-in-time
Accounts payable (including $1,699 and $0, respectively, to related parties)	`AccountsPayableCurrent`	$184.80M	USD	Point-in-time
Accrued liabilities (including $2,811 and $0, respectively, to related parties)	`AccruedLiabilitiesCurrent`	$166.19M	USD	Point-in-time
Accrued liabilities (including $2,811 and $0, respectively, to related parties)	`AccruedLiabilitiesCurrent`	$118.38M	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,380 and $1,386, respectively	`LongTermDebtCurrent`	$364.00K	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,380 and $1,386, respectively	`LongTermDebtCurrent`	$370.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$19.20M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$20.58M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$22.99M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$356.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$393.55M	USD	Point-in-time
Long-term debt, net of discount of $711 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$105.41M	USD	Point-in-time
Long-term debt, net of discount of $711 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$105.32M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Payable pursuant to tax receivable agreements (including $52,997 and $27,173, respectively, to related parties)	`AccruedIncomeTaxesNoncurrent`	$84.67M	USD	Point-in-time
Payable pursuant to tax receivable agreements (including $52,997 and $27,173, respectively, to related parties)	`AccruedIncomeTaxesNoncurrent`	$56.59M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$11.32M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$9.75M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$50.43M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$45.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$579.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$639.04M	USD	Point-in-time
Commitments & contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments & contingencies (Note 15)	`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`	$1.13B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.21B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-10.91M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.29M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.32M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$73.18M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$159.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.45M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.49M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.92B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$550.85M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$472.34M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$1.18M	USD	1 Quarter
Total revenue	`Revenues`	$552.03M	USD	1 Quarter
Total revenue	`Revenues`	$472.34M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$392.72M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$498.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.61M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$7.62M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	-	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$62.06M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$44.83M	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$720.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$102.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$594.25M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$466.06M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$6.29M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-42.22M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$263.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$1.00K	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	$187.00K	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$4.06M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.75M	USD	1 Quarter
Total interest expense, net	`InterestExpense`	$3.75M	USD	1 Quarter
Total interest expense, net	`InterestExpense`	$3.61M	USD	1 Quarter
Net (loss) income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-45.97M	USD	1 Quarter
Net (loss) income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.68M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-7.36M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$261.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-38.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.42M	USD	1 Quarter
Less: Net (loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.41M	USD	1 Quarter
Less: Net (loss) income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$697.00K	USD	1 Quarter
Net (loss) income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$1.72M	USD	1 Quarter
Net (loss) income attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-34.20M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.65M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	163.21M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-38.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$62.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$44.83M	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$720.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$102.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$548.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$569.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$674.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	-	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$518.00K	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$981.00K	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$4.12M	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$4.95M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.64M	USD	1 Quarter
Gain on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$37.00K	USD	1 Quarter
Gain on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	-	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$2.52M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLossesExpensed`	-	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$20.98M	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$93.48M	USD	1 Quarter
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$100.00K	USD	1 Quarter
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-8.24M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$10.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-257.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-17.38M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.45M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.79M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.17M	USD	1 Quarter
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	-	USD	1 Quarter
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$523.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$231.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.53M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$45.40M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$25.36M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.57M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$317.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-45.08M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.79M	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$438.00K	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$438.00K	USD	1 Quarter
Payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$2.33M	USD	1 Quarter
Payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$2.47M	USD	1 Quarter
Class A Common Stock dividends	`PaymentsOfDividends`	$4.09M	USD	1 Quarter
Class A Common Stock dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$1.53M	USD	1 Quarter
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$2.78M	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-548.00K	USD	1 Quarter
Restricted stock unit vesting	`PaymentsForRestrictedStockVesting`	$202.00K	USD	1 Quarter
Restricted stock unit vesting	`PaymentsForRestrictedStockVesting`	-	USD	1 Quarter
Payments of equity offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Payments of equity offering costs	`PaymentsOfStockIssuanceCosts`	$848.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.27M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.31M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$475.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-56.16M	USD	1 Quarter
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.00K	USD	1 Quarter
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.53M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.53M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.53M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.53M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.93M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.64M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$27.49M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$19.64M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Common stock dividend (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Distributions to noncontrolling unitholders (in dollars per share)	`DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit`	$0.05	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.45M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.49M	USD	Point-in-time
Exchange of Class B Common Stock for Class A Common Stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$848.00K	USD	1 Quarter
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements	`AdjustmentsToAdditionalPaidInCapitalExchangeEffectOnDeferredTaxAssetNet`	$4.95M	USD	1 Quarter
Deferred tax impact of ownership changes from issuance of Class A Common Stock	`DeferredTaxImpactOfOwnershipChangesFromExchangesAndRepurchases`	$4.52M	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`NoncontrollingInterestIncreaseDecreaseFromOtherDistributionsAndAdvancesToNoncontrollingInterestHolders`	$548.00K	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`NoncontrollingInterestIncreaseDecreaseFromOtherDistributionsAndAdvancesToNoncontrollingInterestHolders`	$-804.00K	USD	1 Quarter
$0.05/share of Class A Common Stock dividend	`Dividends`	$4.24M	USD	1 Quarter
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.53M	USD	1 Quarter
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.95M	USD	1 Quarter
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.12M	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardVesting`	$186.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardVesting`	-	USD	1 Quarter
Restricted Stock and RSU forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$-2.00K	USD	1 Quarter
Currency translation adjustment	`ForeignCurrencyTranslationAdjustment`	$1.41M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-38.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.42M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.45M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$781.49M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-38.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.42M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.41M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.42M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.21M	USD	1 Quarter
Comprehensive (loss) income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$697.00K	USD	1 Quarter
Comprehensive (loss) income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.32M	USD	1 Quarter
Comprehensive (loss) income attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$1.72M	USD	1 Quarter
Comprehensive (loss) income attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-32.89M	USD	1 Quarter

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