10-Q Filing

CHAMPIONX CORP CIK: 1723089 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001723089-21-000129`
Period End Date	20210630
Filing Date	20210729
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	championx-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 74 Cash Flow Statement 84 Stockholders Equity 46 Comprehensive Income 36

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on property, plant, and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$541.80M	USD	Point-in-time
Accumulated depreciation on property, plant, and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$494.49M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.29M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.42M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.00M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.90M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$559.54M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$576.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	200.40M	shares	Point-in-time
Inventories, net	`InventoryNet`	$430.11M	USD	Point-in-time
Inventories, net	`InventoryNet`	$467.59M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	201.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	201.70M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$74.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$67.36M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $541,796 in 2021 and $494,490 in 2020	`PropertyPlantAndEquipmentNet`	$854.54M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $541,796 in 2021 and $494,490 in 2020	`PropertyPlantAndEquipmentNet`	$818.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$122.48M	USD	Point-in-time
Goodwill	`Goodwill`	$690.13M	USD	Point-in-time
Goodwill	`Goodwill`	$680.59M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$436.03M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$479.01M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$71.98M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$73.31M	USD	Point-in-time
Total assets	`Assets`	$3.49B	USD	Point-in-time
Total assets	`Assets`	$3.48B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$26.85M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$26.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$299.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$391.21M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$70.30M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$69.31M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$35.47M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$37.47M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$28.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$155.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$134.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$686.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$622.56M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$838.83M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$905.76M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$144.42M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$156.28M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$83.55M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$77.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$95.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$79.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.83B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 201.7 million shares and 200.4 million shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$2.02M	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 201.7 million shares and 200.4 million shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$2.00M	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.29B	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.31B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-625.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-638.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.53M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-15.36M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-13.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.49B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$25.26M	USD	2 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$18.55M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$37.45M	USD	2 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$13.20M	USD	1 Quarter
Total revenue	`Revenues`	$298.91M	USD	1 Quarter
Total revenue	`Revenues`	$1.43B	USD	2 Qtrs
Total revenue	`Revenues`	$560.35M	USD	2 Qtrs
Total revenue	`Revenues`	$749.17M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$266.68M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$1.09B	USD	2 Qtrs
Cost of goods and services	`CostOfGoodsAndServicesSold`	$445.78M	USD	2 Qtrs
Cost of goods and services	`CostOfGoodsAndServicesSold`	$569.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$342.34M	USD	2 Qtrs
Gross profit	`GrossProfit`	$114.57M	USD	2 Qtrs
Gross profit	`GrossProfit`	$32.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$180.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$208.80M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$152.34M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$130.66M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$295.82M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$616.27M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	2 Qtrs
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	$40.98M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-14.06M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-28.04M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-11.26M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-20.30M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.32M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-315.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-2.25M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-312.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-770.46M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-110.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.35M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.17M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.56M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-27.96M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.34M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-954.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-742.50M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$536.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.20M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$598.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$871.00K	USD	2 Qtrs
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$-109.64M	USD	1 Quarter
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$13.02M	USD	2 Qtrs
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$-743.37M	USD	2 Qtrs
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$7.25M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.95	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-7.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-7.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.95	USD	1 Quarter
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.47M	shares	1 Quarter
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.06M	shares	2 Qtrs
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.15M	shares	1 Quarter
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.31M	shares	2 Qtrs
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.31M	shares	2 Qtrs
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.94M	shares	2 Qtrs
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.15M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.54M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$11.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-742.50M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Depreciation	`Depreciation`	$76.65M	USD	2 Qtrs
Depreciation	`Depreciation`	$58.14M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$43.74M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$26.27M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.36M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.86M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$-4.04M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$-3.18M	USD	2 Qtrs
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	-	USD	2 Qtrs
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	$657.25M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-3.31M	USD	2 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$86.00K	USD	2 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$3.50M	USD	2 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$6.20M	USD	2 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$8.35M	USD	2 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.00M	USD	2 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$1.63M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-24.68M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.76M	USD	2 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.25M	USD	2 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$859.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$167.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-264.00K	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-77.78M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$18.71M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$41.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-24.79M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.21M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-22.09M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$93.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-30.33M	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.44M	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-13.85M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.72M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-46.45M	USD	2 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$1.61M	USD	2 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$9.31M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.10M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.32M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$151.14M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.03M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.68M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.32M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-57.59M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.48M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.07M	USD	2 Qtrs
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.20M	USD	2 Qtrs
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$39.33M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	2 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$4.36M	USD	2 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$125.00M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$71.11M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.20M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$800.00K	USD	2 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.58M	USD	2 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.80M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.51M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.76M	USD	2 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$612.00K	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-69.74M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.97M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-623.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-790.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$106.61M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$37.57M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.90M	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	201.70M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Issuance of common stock related to the Merger	`StockIssuedDuringPeriodValueNewIssues`	$1.26B	USD	1 Quarter
Issuance of replacement awards related to the Merger	`StockIssuedDuringPeriodValueReplacementAwardsNewIssues`	$43.96M	USD	1 Quarter
Non-controlling interest acquired in the Merger	`MinorityInterestDecreaseFromRedemptions`	$16.02M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-742.50M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$18.22M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$14.43M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.44M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.91M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.43M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.16M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.35M	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$368.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$556.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$244.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.21M	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.00K	USD	1 Quarter
Cumulative translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-231.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.20M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-25.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	201.70M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$11.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-742.50M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$8.33M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$11.54M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$5.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-5.35M	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$136.00K	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$653.00K	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$653.00K	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-277.00K	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-198.00K	USD	2 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.54M	USD	2 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-99.00K	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.37M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$18.22M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$14.43M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.95M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-747.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.04M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-102.59M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.21M	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$598.00K	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$871.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.20M	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$536.00K	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$31.24M	USD	2 Qtrs
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-747.87M	USD	2 Qtrs
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$21.68M	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-103.19M	USD	1 Quarter

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