10-Q Filing

CHAMPIONX CORP CIK: 1723089 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001723089-21-000142`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	championx-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 76 Cash Flow Statement 88 Stockholders Equity 61 Comprehensive Income 40

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on property, plant, and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$494.49M	USD	Point-in-time
Accumulated depreciation on property, plant, and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$557.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$253.85M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$201.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$3.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$590.78M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	200.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	201.90M	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$559.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$497.47M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Inventories, net	`InventoryNet`	$430.11M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	201.90M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$72.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$74.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.42B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $557,854 in 2021 and $494,490 in 2020	`PropertyPlantAndEquipmentNet`	$780.69M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $557,854 in 2021 and $494,490 in 2020	`PropertyPlantAndEquipmentNet`	$854.54M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$122.48M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$111.76M	USD	Point-in-time
Goodwill	`Goodwill`	$680.59M	USD	Point-in-time
Goodwill	`Goodwill`	$701.48M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$413.28M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$479.01M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$73.31M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$78.08M	USD	Point-in-time
Total assets	`Assets`	$3.50B	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`	$430.58M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$70.30M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$90.52M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.96M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$37.47M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$26.73M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$155.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$148.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$756.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$622.56M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$743.57M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$905.76M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$139.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$156.28M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$72.17M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$83.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$79.45M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$95.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 201.9 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) 201.9 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`	$2.31B	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.29B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-638.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-568.61M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.01M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-13.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-15.24M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$18.34M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$41.30M	USD	3 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$55.79M	USD	3 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$16.04M	USD	1 Quarter
Total revenue	`Revenues`	$818.78M	USD	1 Quarter
Total revenue	`Revenues`	$633.53M	USD	1 Quarter
Total revenue	`Revenues`	$1.19B	USD	3 Qtrs
Total revenue	`Revenues`	$2.25B	USD	3 Qtrs
Cost of goods and services	`CostOfGoodsAndServicesSold`	$505.07M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$950.85M	USD	3 Qtrs
Cost of goods and services	`CostOfGoodsAndServicesSold`	$623.16M	USD	1 Quarter
Cost of goods and services	`CostOfGoodsAndServicesSold`	$1.71B	USD	3 Qtrs
Gross profit	`GrossProfit`	$195.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$128.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$537.96M	USD	3 Qtrs
Gross profit	`GrossProfit`	$243.03M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$135.09M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$122.16M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$430.91M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$330.96M	USD	3 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	3 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$616.27M	USD	3 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	$40.98M	USD	3 Qtrs
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	3 Qtrs
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-15.94M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-36.24M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-40.88M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-12.85M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-342.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.66M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$36.56M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$36.88M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-781.76M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.73M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.29M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.56M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$32.26M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$25.91M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-31.92M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-3.96M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-749.83M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$58.65M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-7.33M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$582.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.45M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$624.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.82M	USD	1 Quarter
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$56.83M	USD	1 Quarter
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$-7.91M	USD	1 Quarter
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$-751.29M	USD	3 Qtrs
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$69.85M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.73	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.73	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	3 Qtrs
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	199.81M	shares	1 Quarter
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	131.06M	shares	3 Qtrs
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.33M	shares	3 Qtrs
Weighted-average number of shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.85M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.06M	shares	3 Qtrs
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	199.81M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.54M	shares	1 Quarter
Weighted-average number of shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.17M	shares	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-749.83M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$58.65M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-7.33M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Depreciation	`Depreciation`	$113.21M	USD	3 Qtrs
Depreciation	`Depreciation`	$101.43M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$65.59M	USD	3 Qtrs
Amortization	`AdjustmentForAmortization`	$47.83M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.72M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.91M	USD	3 Qtrs
(Gain) loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$-3.69M	USD	3 Qtrs
(Gain) loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$35.39M	USD	3 Qtrs
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	-	USD	3 Qtrs
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	$657.25M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-8.71M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$-796.00K	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$2.94M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$15.63M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$5.26M	USD	3 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.48M	USD	3 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.69M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-34.32M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-10.84M	USD	3 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.85M	USD	3 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.61M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$254.00K	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-1.70M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$35.44M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-91.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-62.23M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$74.64M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.28M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-17.74M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-48.52M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$130.61M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.52M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$18.71M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-37.36M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$12.85M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$7.80M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$4.50M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.21M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$504.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$189.43M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$239.80M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.29M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$73.70M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.17M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.03M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.96M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-57.59M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$4.87M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.16M	USD	3 Qtrs
Net cash (used for) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$34.71M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$4.36M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$206.71M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$174.39M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.94M	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$640.00K	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.42M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.51M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.20M	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$328.00K	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.54M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-93.44M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-173.72M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.47M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.99M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$136.17M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$55.93M	USD	3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.29M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.42M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.29M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$201.42M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.46M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	201.90M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	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`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-749.83M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$58.65M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-7.33M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.47M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.95M	USD	1 Quarter
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`	$-1.48M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.02M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.75M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.46M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.56M	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`	$5.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.86M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.91M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.16M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.35M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$431.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.21M	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`	$244.00K	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`	$28.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.66M	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`	$1.71M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$79.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-25.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	201.90M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$392.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-633.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-749.83M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$58.65M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-7.33M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-109.05M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.57M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-192.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-11.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.78M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.22M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-209.00K	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.35M	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-862.00K	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-297.00K	USD	3 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.59M	USD	3 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`	$-46.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.47M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.95M	USD	1 Quarter
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`	$-1.48M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.02M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.75M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.46M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.31M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-751.31M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$50.18M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$80.22M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$624.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.82M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.45M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$582.00K	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-4.89M	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$48.35M	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-752.77M	USD	3 Qtrs
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$79.60M	USD	3 Qtrs

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