10-Q Filing

Liberty Energy Inc. CIK: 1694028 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001694028-21-000035`
Period End Date	20210630
Filing Date	20210730
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	lbrt-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 96 Cash Flow Statement 84 Stockholders Equity 14 Comprehensive Income 20

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$773.00K	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$1.52M	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$24.71M	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.71M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.98M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	$8.62M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $1,518 and $773, respectively	`AccountsReceivableNetCurrent`	$244.43M	USD	Point-in-time
Payables to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $1,518 and $773, respectively	`AccountsReceivableNetCurrent`	$337.20M	USD	Point-in-time
Payables to related parties	`DueToRelatedPartiesCurrent`	$7.14M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.38M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.39M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$118.05M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$69.52M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$1.05M	USD	Point-in-time
Inventories	`InventoryNet`	$118.57M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$370.00K	USD	Point-in-time
Inventories	`InventoryNet`	$120.02M	USD	Point-in-time
Prepaid and other current assets (including receivables from related parties of $0 and $24,708, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$65.64M	USD	Point-in-time
Payable pursuant to tax receivable agreements, related parties	`AccruedIncomeTaxesRelatedPartiesNoncurrent`	-	USD	Point-in-time
Prepaid and other current assets (including receivables from related parties of $0 and $24,708, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$62.72M	USD	Point-in-time
Payable pursuant to tax receivable agreements, related parties	`AccruedIncomeTaxesRelatedPartiesNoncurrent`	$27.17M	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, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$668.69M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.08B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.12B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$29.11M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$38.73M	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.88M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$125.28M	USD	Point-in-time
Other assets	`OtherAssets`	$87.25M	USD	Point-in-time
Other assets	`OtherAssets`	$75.14M	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Accounts payable (including payables to related parties of $8,622 and $0, respectively)	`AccountsPayableCurrent`	$182.88M	USD	Point-in-time
Accounts payable (including payables to related parties of $8,622 and $0, respectively)	`AccountsPayableCurrent`	$193.34M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $7,145 and $0, respectively)	`AccruedLiabilitiesCurrent`	$256.68M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $7,145 and $0, respectively)	`AccruedLiabilitiesCurrent`	$118.38M	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,375 and $1,386, respectively	`LongTermDebtCurrent`	$364.00K	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,375 and $1,386, respectively	`LongTermDebtCurrent`	$375.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$16.58M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$20.58M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.48M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$34.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$491.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$356.15M	USD	Point-in-time
Long-term debt, net of discount of $370 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$105.22M	USD	Point-in-time
Long-term debt, net of discount of $370 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$105.41M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$764.00K	USD	Point-in-time
Payable pursuant to tax receivable agreements, including payables to related parties of $0 and $27,173, respectively	`AccruedIncomeTaxesNoncurrent`	$53.29M	USD	Point-in-time
Payable pursuant to tax receivable agreements, including payables to related parties of $0 and $27,173, respectively	`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`	$6.33M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$50.43M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$88.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$579.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$745.69M	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`	$1.27B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-61.48M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.29M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.45M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.62M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$159.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$88.36M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.13B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$560.71M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$581.29M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	2 Qtrs
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$1.18M	USD	2 Qtrs
Total revenue	`Revenues`	$560.71M	USD	2 Qtrs
Total revenue	`Revenues`	$581.29M	USD	1 Quarter
Total revenue	`Revenues`	$88.36M	USD	1 Quarter
Total revenue	`Revenues`	$1.13B	USD	2 Qtrs
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$89.52M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$1.02B	USD	2 Qtrs
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$521.96M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$482.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$55.76M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$46.68M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$18.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.40M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$9.06M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$10.62M	USD	2 Qtrs
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$3.00M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$9.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$125.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.76M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.21M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.93M	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-334.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$997.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-232.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$277.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.21B	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$617.29M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$161.90M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$627.96M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-73.54M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-36.00M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-67.26M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-78.22M	USD	2 Qtrs
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	2 Qtrs
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$3.31M	USD	2 Qtrs
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$3.31M	USD	1 Quarter
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$24.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Interest income	`InterestIncomeOther`	$1.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$287.00K	USD	2 Qtrs
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	2 Qtrs
Interest incomerelated party	`InterestIncomeRelatedParty`	$232.00K	USD	2 Qtrs
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	$45.00K	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.77M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$7.78M	USD	2 Qtrs
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.73M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$7.52M	USD	2 Qtrs
Total other expense	`OtherNonoperatingExpense`	$7.26M	USD	2 Qtrs
Total other expense	`OtherNonoperatingExpense`	$462.00K	USD	1 Quarter
Total other expense	`OtherNonoperatingExpense`	$4.22M	USD	2 Qtrs
Total other expense	`OtherNonoperatingExpense`	$3.66M	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-82.44M	USD	2 Qtrs
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-36.47M	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-77.20M	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-74.52M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-11.10M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$16.01M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-11.36M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$8.65M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-63.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-65.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-52.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.09M	USD	2 Qtrs
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.91M	USD	1 Quarter
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-19.37M	USD	2 Qtrs
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.06M	USD	1 Quarter
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-6.32M	USD	2 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-45.77M	USD	1 Quarter
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-44.05M	USD	2 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-84.77M	USD	2 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-50.56M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.55	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.53	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.50	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.50	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.53	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.47M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.89M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.47M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.29M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-63.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-65.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-52.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.09M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$125.27M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$89.76M	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-334.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$997.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-232.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$277.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.14M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.11M	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$770.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$100.00K	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$1.41M	USD	2 Qtrs
Non-cash lease expense	`LeaseNonCashPortionExpense`	$2.00M	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$8.41M	USD	2 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$10.85M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.27M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.12M	USD	2 Qtrs
(Gain) loss on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$-169.00K	USD	2 Qtrs
(Gain) loss on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$3.31M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$4.68M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$745.00K	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-171.40M	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$141.44M	USD	2 Qtrs
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	2 Qtrs
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-8.31M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-6.61M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.59M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-21.41M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.76M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-142.64M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$132.85M	USD	2 Qtrs
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$895.00K	USD	2 Qtrs
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$153.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$96.63M	USD	2 Qtrs
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$67.86M	USD	2 Qtrs
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$70.46M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$463.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.97M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-70.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.89M	USD	2 Qtrs
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$50.00M	USD	2 Qtrs
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$50.00M	USD	2 Qtrs
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$875.00K	USD	2 Qtrs
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$875.00K	USD	2 Qtrs
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$4.06M	USD	2 Qtrs
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$4.96M	USD	2 Qtrs
Class A Common Stock dividends and dividend equivalents upon RSU vesting	`PaymentsOfDividends`	$4.26M	USD	2 Qtrs
Class A Common Stock dividends and dividend equivalents upon RSU vesting	`PaymentsOfDividends`	$168.00K	USD	2 Qtrs
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$1.53M	USD	2 Qtrs
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$2.78M	USD	2 Qtrs
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-1.37M	USD	2 Qtrs
Restricted stock unit vesting	`PaymentsForRestrictedStockUnitVesting`	$403.00K	USD	2 Qtrs
Restricted stock unit vesting	`PaymentsForRestrictedStockUnitVesting`	$3.59M	USD	2 Qtrs
Payment of equity offering costs	`PaymentsOfStockIssuanceCosts`	$854.00K	USD	2 Qtrs
Payment of equity offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.82M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.18M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$11.81M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-38.50M	USD	2 Qtrs
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.00K	USD	2 Qtrs
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.50M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.71M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.50M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.71M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.33M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.65M	USD	2 Qtrs
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$22.36M	USD	2 Qtrs
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$7.86M	USD	2 Qtrs

Stockholders Equity 14 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`	$1.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.29M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.70M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-63.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-65.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-52.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.09M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-63.42M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-65.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-52.47M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.09M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.29M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.70M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-88.39M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-51.18M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-65.83M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-63.42M	USD	2 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-20.06M	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-19.37M	USD	2 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.76M	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-6.08M	USD	2 Qtrs
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-44.05M	USD	2 Qtrs
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-45.77M	USD	1 Quarter
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-49.42M	USD	1 Quarter
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-82.31M	USD	2 Qtrs

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