10-Q Filing

Liberty Energy Inc. CIK: 1694028 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001694028-21-000042`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	lbrt-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

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

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$884.00K	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$773.00K	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Receivables from related parties	`DueFromRelatedPartiesCurrent`	$24.71M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.70M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	$4.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.98M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $884 and $773, respectively	`AccountsReceivableNetCurrent`	$244.43M	USD	Point-in-time
Payables to related parties	`DueToRelatedPartiesCurrent`	$3.72M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $884 and $773, respectively	`AccountsReceivableNetCurrent`	$325.22M	USD	Point-in-time
Payables to related parties	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$1.37M	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
Unbilled revenue	`UnbilledReceivablesCurrent`	$109.28M	USD	Point-in-time
Inventories	`InventoryNet`	$116.80M	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`	$28.00K	USD	Point-in-time
Prepaid and other current assets (including receivables from related parties of $0 and $24,708, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$85.57M	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
Payable pursuant to tax receivable agreements, related parties	`AccruedIncomeTaxesRelatedPartiesNoncurrent`	$27.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$671.57M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.12B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.07B	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`	$20.49M	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$131.28M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.88M	USD	Point-in-time
Other assets	`OtherAssets`	$87.25M	USD	Point-in-time
Other assets	`OtherAssets`	$72.87M	USD	Point-in-time
Total assets	`Assets`	$1.89B	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Accounts payable (including payables to related parties of $4,586 and $0, respectively)	`AccountsPayableCurrent`	$229.00M	USD	Point-in-time
Accounts payable (including payables to related parties of $4,586 and $0, respectively)	`AccountsPayableCurrent`	$193.34M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $3,719 and $0, respectively)	`AccruedLiabilitiesCurrent`	$118.38M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $3,719 and $0, respectively)	`AccruedLiabilitiesCurrent`	$230.87M	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,371 and $1,386, respectively	`LongTermDebtCurrent`	$379.00K	USD	Point-in-time
Current portion of long-term debt, net of discount of $1,371 and $1,386, respectively	`LongTermDebtCurrent`	$364.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$10.48M	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`	$38.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$509.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$356.15M	USD	Point-in-time
Long-term debt, net of discount of $28 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$121.12M	USD	Point-in-time
Long-term debt, net of discount of $28 and $1,054, respectively, less current portion	`LongTermDebtNoncurrent`	$105.41M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$765.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	-	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
Payable pursuant to tax receivable agreements, including payables to related parties of $0 and $27,173, respectively	`AccruedIncomeTaxesNoncurrent`	$48.34M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$11.32M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$4.63M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$50.43M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$90.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$774.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$579.90M	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`	$1.28B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.13B	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.29M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-100.36M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$191.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$159.41M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.15M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.97B	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`	$646.71M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.78B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$708.20M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$147.50M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$8.19M	USD	3 Qtrs
Revenuerelated parties	`RevenueFromRelatedParties`	$7.01M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	3 Qtrs
Total revenue	`Revenues`	$653.73M	USD	1 Quarter
Total revenue	`Revenues`	$708.20M	USD	3 Qtrs
Total revenue	`Revenues`	$147.50M	USD	1 Quarter
Total revenue	`Revenues`	$1.79B	USD	3 Qtrs
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$1.61B	USD	3 Qtrs
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$593.68M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$621.47M	USD	3 Qtrs
Cost of services (exclusive of depreciation and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$139.24M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$63.98M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$88.04M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.31M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.28M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$12.17M	USD	3 Qtrs
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$2.61M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$1.56M	USD	1 Quarter
Transaction, severance and other costs	`TransactionSeveranceAndOtherCosts`	$11.67M	USD	3 Qtrs
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$44.50M	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$191.12M	USD	3 Qtrs
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$65.85M	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$134.26M	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$1.08M	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$520.00K	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$752.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$79.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$202.90M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$693.29M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.90B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$830.86M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-122.66M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-55.40M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-117.79M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-39.57M	USD	1 Quarter
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	3 Qtrs
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	1 Quarter
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$8.25M	USD	3 Qtrs
Gain on remeasurement of liability under tax receivable agreement	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$4.95M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$297.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$2.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$10.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$1.00K	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	3 Qtrs
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	$29.00K	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	$261.00K	USD	3 Qtrs
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$11.53M	USD	3 Qtrs
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$3.63M	USD	1 Quarter
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$11.42M	USD	3 Qtrs
Interest expense	`InterestExpenseExcludingRelatedPartyTransactions`	$4.01M	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$-3.60M	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$-3.28M	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$-10.86M	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$940.00K	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-59.00M	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-121.06M	USD	3 Qtrs
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-38.63M	USD	1 Quarter
Net loss before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-133.52M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$9.40M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-21.07M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$753.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-9.97M	USD	1 Quarter
Net loss	`ProfitLoss`	$-112.44M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-49.02M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-130.47M	USD	3 Qtrs
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-489.00K	USD	1 Quarter
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-14.52M	USD	1 Quarter
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-6.81M	USD	3 Qtrs
Less: Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-33.89M	USD	3 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-78.55M	USD	3 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-123.66M	USD	3 Qtrs
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-38.89M	USD	1 Quarter
Net loss attributable to Liberty Oilfield Services Inc. stockholders	`NetIncomeLoss`	$-34.50M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.72	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.94	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.41	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.72	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.94	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.41	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.31M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.40M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.40M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-112.44M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-49.02M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-130.47M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$191.12M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$134.26M	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$1.08M	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$520.00K	USD	3 Qtrs
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$752.00K	USD	1 Quarter
Gain on disposal of assets	`GainLossOnDispositionOfAssets1`	$79.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.70M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.67M	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$770.00K	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$2.83M	USD	3 Qtrs
Non-cash lease expense	`LeaseNonCashPortionExpense`	$2.68M	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$15.09M	USD	3 Qtrs
Stock based compensation expense	`ShareBasedCompensation`	$12.89M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-21.32M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$6.12M	USD	3 Qtrs
(Gain) loss on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$8.25M	USD	3 Qtrs
(Gain) loss on tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$-169.00K	USD	3 Qtrs
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$745.00K	USD	3 Qtrs
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$4.68M	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$121.28M	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-94.57M	USD	3 Qtrs
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-9.25M	USD	3 Qtrs
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.79M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.88M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.27M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-82.81M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$135.98M	USD	3 Qtrs
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$895.00K	USD	3 Qtrs
Payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$503.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.14M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.01M	USD	3 Qtrs
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$123.01M	USD	3 Qtrs
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$82.77M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.50M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$3.69M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-119.32M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.27M	USD	3 Qtrs
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$100.00M	USD	3 Qtrs
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$84.00M	USD	3 Qtrs
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.31M	USD	3 Qtrs
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.31M	USD	3 Qtrs
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$6.86M	USD	3 Qtrs
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$6.14M	USD	3 Qtrs
Class A Common Stock dividends and dividend equivalents upon RSU vesting	`PaymentsOfDividends`	-	USD	3 Qtrs
Class A Common Stock dividends and dividend equivalents upon RSU vesting	`PaymentsOfDividends`	$4.26M	USD	3 Qtrs
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$1.53M	USD	3 Qtrs
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$2.23M	USD	3 Qtrs
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-1.37M	USD	3 Qtrs
Restricted stock unit vesting	`PaymentsForRestrictedStockUnitVesting`	$168.00K	USD	3 Qtrs
Restricted stock unit vesting	`PaymentsForRestrictedStockUnitVesting`	-	USD	3 Qtrs
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.58M	USD	3 Qtrs
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$403.00K	USD	3 Qtrs
Payment of equity offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Payment of equity offering costs	`PaymentsOfStockIssuanceCosts`	$1.01M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.61M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.15M	USD	3 Qtrs
Net decrease in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-27.87M	USD	3 Qtrs
Net decrease in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-34.03M	USD	3 Qtrs
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-245.00K	USD	3 Qtrs
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.70M	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`	$84.82M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.70M	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`	$84.82M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$658.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$8.41M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$9.69M	USD	3 Qtrs
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$7.82M	USD	3 Qtrs
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$25.48M	USD	3 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Common stock dividend (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	3 Qtrs
Distributions to noncontrolling unitholders (in dollars per share)	`DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit`	$0.05	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.29M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$411.00K	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Net loss	`ProfitLoss`	$-112.44M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-49.02M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-130.47M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-112.44M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-49.02M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.38M	USD	1 Quarter
Net loss	`ProfitLoss`	$-130.47M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.29M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$411.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-112.44M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-41.67M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-130.06M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-49.02M	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-513.00K	USD	1 Quarter
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-6.59M	USD	3 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-33.89M	USD	3 Qtrs
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-14.52M	USD	1 Quarter
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-78.55M	USD	3 Qtrs
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-41.15M	USD	1 Quarter
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-123.46M	USD	3 Qtrs
Comprehensive loss attributable to Liberty Oilfield Services, Inc.	`ComprehensiveIncomeNetOfTax`	$-34.50M	USD	1 Quarter

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