10-K Filing

CHAMPIONX CORP CIK: 1723089 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001723089-22-000021`
Period End Date	20211231
Filing Date	20220210
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	championx-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 54 Cash Flow Statement 123 Stockholders Equity 33 Comprehensive Income 39

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	202.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$201.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$251.68M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	200.40M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$3.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$559.54M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$584.44M	USD	Point-in-time
Inventories, net	`InventoryNet`	$430.11M	USD	Point-in-time
Inventories, net	`InventoryNet`	$542.91M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$74.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$78.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$776.81M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$854.54M	USD	Point-in-time
Goodwill	`Goodwill`	$680.59M	USD	Point-in-time
Goodwill	`Goodwill`	$911.11M	USD	Point-in-time
Goodwill	`Goodwill`	$702.87M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$479.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$401.47M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.46M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$122.48M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$77.19M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$73.31M	USD	Point-in-time
Total assets	`Assets`	$3.48B	USD	Point-in-time
Total assets	`Assets`	$3.53B	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`	$473.56M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$70.30M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$93.13M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$36.39M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$37.47M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$25.62M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$155.04M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$146.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$802.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$622.56M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$697.66M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$905.76M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$137.97M	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`	$73.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$68.92M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$95.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 202.9 million shares and 200.4 million shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 202.9 million shares and 200.4 million shares issued and outstanding in 2021 and 2020, respectively	`CommonStockValue`	$2.03M	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`	$2.32B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-525.16M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-638.46M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.75M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.77B	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`	$-16.34M	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`	$1.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$975.98M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$48.60M	USD	Annual
Lease and other revenue	`OperatingLeaseLeaseIncome`	$75.72M	USD	Annual
Lease and other revenue	`OperatingLeaseLeaseIncome`	$58.44M	USD	Annual
Total revenue	`Revenues`	$3.07B	USD	Annual
Total revenue	`Revenues`	$1.13B	USD	Annual
Total revenue	`Revenues`	$1.90B	USD	Annual
Cost of goods and services	`CostOfRevenue`	$1.49B	USD	Annual
Cost of goods and services	`CostOfRevenue`	$2.33B	USD	Annual
Cost of goods and services	`CostOfRevenue`	$754.15M	USD	Annual
Gross profit	`GrossProfit`	$377.10M	USD	Annual
Gross profit	`GrossProfit`	$409.17M	USD	Annual
Gross profit	`GrossProfit`	$743.27M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$570.36M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$274.27M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$463.77M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$616.27M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	$40.98M	USD	Annual
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	$1.75M	USD	Annual
Long-lived asset impairment	`TangibleAssetImpairmentCharges`	-	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-51.73M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-51.92M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-39.30M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$31.69M	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$828.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-2.60M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-762.75M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$152.69M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.19M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-20.40M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.23M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$38.45M	USD	Annual
Net income (loss)	`ProfitLoss`	$-742.35M	USD	Annual
Net income (loss)	`ProfitLoss`	$52.96M	USD	Annual
Net income (loss)	`ProfitLoss`	$114.24M	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$941.00K	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$796.00K	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.58M	USD	Annual
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$113.30M	USD	Annual
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$52.16M	USD	Annual
Net income (loss) attributable to ChampionX	`NetIncomeLoss`	$-743.93M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.01	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.67	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.01	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.43M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.58M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	148.37M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.62M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.32M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	148.37M	shares	Annual

Cash Flow Statement 123 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-742.35M	USD	Annual
Net income (loss)	`ProfitLoss`	$52.96M	USD	Annual
Net income (loss)	`ProfitLoss`	$114.24M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$119.94M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$214.36M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$237.28M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$23.18M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$10.25M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$19.54M	USD	Annual
Loss (gain) on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$40.37M	USD	Annual
Loss (gain) on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$-8.04M	USD	Annual
Loss (gain) on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$2.05M	USD	Annual
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	$657.25M	USD	Annual
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	$1.75M	USD	Annual
Loss on goodwill and long-lived asset impairment	`AssetImpairmentCharges`	-	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	$-2.48M	USD	Annual
Loss on sale of business	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-11.10M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Provision (recovery) of bad debt	`ProvisionForDoubtfulAccounts`	$-2.02M	USD	Annual
Provision (recovery) of bad debt	`ProvisionForDoubtfulAccounts`	$4.96M	USD	Annual
Provision (recovery) of bad debt	`ProvisionForDoubtfulAccounts`	$3.52M	USD	Annual
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$-141.00K	USD	Annual
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$23.84M	USD	Annual
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$4.97M	USD	Annual
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.59M	USD	Annual
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$3.54M	USD	Annual
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$3.80M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-20.55M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-42.00M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxesAndTaxCredits`	$-13.87M	USD	Annual
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.88M	USD	Annual
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$2.60M	USD	Annual
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$3.05M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.73M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$510.00K	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.31M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$28.74M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-25.95M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-58.21M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-85.89M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$124.15M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-19.07M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.74M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-17.54M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.34M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.39M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.53M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$171.40M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$9.67M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.36M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$20.92M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.41M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$6.67M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-40.84M	USD	Annual
Leased assets	`IncreaseDecreaseinLeaseAssets`	$4.61M	USD	Annual
Leased assets	`IncreaseDecreaseinLeaseAssets`	$5.15M	USD	Annual
Leased assets	`IncreaseDecreaseinLeaseAssets`	$40.70M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.69M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.64M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-337.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$328.22M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.90M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$310.04M	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.71M	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.60M	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$72.02M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.16M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.78M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$84.46M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-57.59M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.50M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.09M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$4.87M	USD	Annual
Payment on sale of business	`Paymentsonsaleofbusiness`	-	USD	Annual
Payment on sale of business	`Paymentsonsaleofbusiness`	$2.20M	USD	Point-in-time
Payment on sale of business	`Paymentsonsaleofbusiness`	-	USD	Annual
Payment on sale of business	`Paymentsonsaleofbusiness`	$2.19M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$22.13M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.41M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.88M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$36.50M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	Annual
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$4.36M	USD	Annual
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$223.41M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$286.49M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$141.50M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$886.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.82M	USD	Annual
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.09M	USD	Annual
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.85M	USD	Annual
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.78M	USD	Annual
Distribution to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$3.72M	USD	Annual
Distribution to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.17M	USD	Annual
Distribution to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	-	USD	Annual
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$5.14M	USD	Annual
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$6.26M	USD	Annual
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$5.55M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-234.35M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-175.37M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-112.40M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.70M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.33M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-162.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$166.13M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$53.76M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.54M	USD	Annual
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`	$41.83M	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`	$255.18M	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`	$41.83M	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`	$255.18M	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$975.98M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-742.35M	USD	Annual
Net income (loss)	`ProfitLoss`	$52.96M	USD	Annual
Net income (loss)	`ProfitLoss`	$114.24M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.13M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.28M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.13M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.25M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.19M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.54M	USD	Annual
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.09M	USD	Annual
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.85M	USD	Annual
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.78M	USD	Annual
Issuance of common stock related to the Merger	`StockIssuedDuringPeriodValueNewIssues`	$1.26B	USD	Annual
Issuance of replacement awards related to the Merger	`StockIssuedDuringPeriodValueReplacementAwardsNewIssues`	$43.96M	USD	Annual
Non-controlling interest acquired in the Merger	`MinorityInterestDecreaseFromRedemptions`	$16.05M	USD	Annual
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.65M	shares	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.84M	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$888.00K	USD	Annual
Distributions declared and paid to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.17M	USD	Annual
Distributions declared and paid to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.72M	USD	Annual
Currency translation adjustments	`NoncontrollingInterestDecreaseFromCurrencyTranslationAdjustments`	$165.00K	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	200.40M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$975.98M	USD	Point-in-time

Comprehensive Income 39 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-742.35M	USD	Annual
Net income (loss)	`ProfitLoss`	$52.96M	USD	Annual
Net income (loss)	`ProfitLoss`	$114.24M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$20.25M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$936.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.46M	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.60M	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.32M	USD	Annual
Net actuarial gain (loss) arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$8.52M	USD	Annual
Net actuarial gain (loss) arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-5.53M	USD	Annual
Net actuarial gain (loss) arising during period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-2.52M	USD	Annual
Prior service cost arising during period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-195.00K	USD	Annual
Prior service cost arising during period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$190.00K	USD	Annual
Prior service cost arising during period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-22.00K	USD	Annual
Reclassification adjustment for net actuarial loss included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-272.00K	USD	Annual
Reclassification adjustment for net actuarial loss included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-356.00K	USD	Annual
Reclassification adjustment for net actuarial loss included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.21M	USD	Annual
Reclassification of adjustment for prior service costs included in net income	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$1.00K	USD	Annual
Reclassification of adjustment for prior service costs included in net income	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	-	USD	Annual
Reclassification of adjustment for prior service costs included in net income	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$76.00K	USD	Annual
Reclassification of adjustment for settlement losses included in net income	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	-	USD	Annual
Reclassification of adjustment for settlement losses included in net income	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	$371.00K	USD	Annual
Reclassification of adjustment for settlement losses included in net income	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	$505.00K	USD	Annual
Total pension and other post-retirement benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.99M	USD	Annual
Total pension and other post-retirement benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.64M	USD	Annual
Total pension and other post-retirement benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.07M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.13M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.28M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$9.13M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$51.83M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-729.07M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$123.37M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$941.00K	USD	Annual
Less: Comprehensive income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$796.00K	USD	Annual
Less: Comprehensive income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.58M	USD	Annual
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-730.65M	USD	Annual
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$122.43M	USD	Annual
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$51.03M	USD	Annual

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