10-Q Filing

CHAMPIONX CORP CIK: 1723089 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001723089-22-000143`
Period End Date	20220930
Filing Date	20221026
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	championx-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 68 Cash Flow Statement 92 Stockholders Equity 75 Comprehensive Income 40

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on property, plant, and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$618.87M	USD	Point-in-time
Accumulated depreciation on property, plant, and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$659.09M	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`	$251.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$187.47M	USD	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
Restricted cash	`RestrictedCashCurrent`	$3.50M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$3.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	199.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	202.90M	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$584.44M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$611.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	199.30M	shares	Point-in-time
Inventories, net	`InventoryNet`	$570.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$542.91M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$33.62M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$7.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$71.16M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$69.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.46B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $659,094 in 2022 and $618,867 in 2021	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$776.81M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $659,094 in 2022 and $618,867 in 2021	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$722.87M	USD	Point-in-time
Goodwill	`Goodwill`	$702.87M	USD	Point-in-time
Goodwill	`Goodwill`	$708.46M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$326.16M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$401.47M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$88.74M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.46M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$79.73M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$77.19M	USD	Point-in-time
Total assets	`Assets`	$3.40B	USD	Point-in-time
Total assets	`Assets`	$3.53B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.69M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$26.85M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$473.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$499.37M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$73.61M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$93.13M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$28.69M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$36.39M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$59.61M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$25.62M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$9.63M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$121.08M	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`	$796.67M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$697.66M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$644.03M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$137.97M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$100.97M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$55.65M	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`	$110.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.71B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 199.3 million shares and 202.9 million shares issued and outstanding in 2022 and 2021, respectively	`CommonStockValue`	$2.03M	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 199.3 million shares and 202.9 million shares issued and outstanding in 2022 and 2021, respectively	`CommonStockValue`	$1.99M	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.32B	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.28B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-530.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-525.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.27M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.77B	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.71B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-15.97M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-16.34M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.40B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	199.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	202.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	199.30M	shares	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$55.79M	USD	3 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$18.34M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$22.81M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$64.88M	USD	3 Qtrs
Total revenue	`Revenues`	$1.02B	USD	1 Quarter
Total revenue	`Revenues`	$2.82B	USD	3 Qtrs
Total revenue	`Revenues`	$818.78M	USD	1 Quarter
Total revenue	`Revenues`	$2.25B	USD	3 Qtrs
Cost of goods and services	`CostOfRevenue`	$623.16M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$1.71B	USD	3 Qtrs
Cost of goods and services	`CostOfRevenue`	$825.02M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$2.20B	USD	3 Qtrs
Gross profit	`GrossProfit`	$196.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$537.96M	USD	3 Qtrs
Gross profit	`GrossProfit`	$616.04M	USD	3 Qtrs
Gross profit	`GrossProfit`	$195.62M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$153.74M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$430.91M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$445.45M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$135.09M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-40.88M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-33.58M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-12.85M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-11.45M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$36.88M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$6.12M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$36.56M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-27.48M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.73M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.53M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.56M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.91M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.23M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.26M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.25M	USD	1 Quarter
Net income	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$58.65M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.82M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$157.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.18M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$624.00K	USD	3 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$56.83M	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$69.85M	USD	3 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$87.11M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.33M	shares	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	202.60M	shares	3 Qtrs
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.85M	shares	1 Quarter
Weighted-average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.42M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.54M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.52M	shares	1 Quarter
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.17M	shares	3 Qtrs
Weighted-average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.16M	shares	3 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$58.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$177.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$178.81M	USD	3 Qtrs
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$39.88M	USD	3 Qtrs
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-16.52M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.91M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$14.81M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$21.21M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$5.26M	USD	3 Qtrs
Loss on debt repurchases	`GainsLossesOnExtinguishmentOfDebt`	$-4.04M	USD	3 Qtrs
Loss on debt repurchases	`GainsLossesOnExtinguishmentOfDebt`	$-8.71M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-37.51M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-10.84M	USD	3 Qtrs
(Gain) loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$-4.48M	USD	3 Qtrs
(Gain) loss on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$4.43M	USD	3 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.74M	USD	3 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.69M	USD	3 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.85M	USD	3 Qtrs
Employee benefit plan expense	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$1.85M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-542.00K	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-587.00K	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$50.08M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$35.44M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$72.30M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$74.64M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.74M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.28M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$130.61M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.60M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$18.71M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.60M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$32.87M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-37.36M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$20.95M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$4.50M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-10.29M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.21M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$218.27M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$239.80M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.03M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$74.75M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$16.42M	USD	3 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.89M	USD	3 Qtrs
Proceeds from disposal of business	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Proceeds from disposal of business	`ProceedsFromDivestitureOfBusinesses`	$68.81M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.96M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.20M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.87M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-61.53M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.16M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$995.04M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$174.39M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.07B	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$8.01M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.09M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$30.48M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.94M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.71M	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.58M	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.42M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$3.02M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.51M	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$328.00K	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.50M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$7.11M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-173.72M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-215.20M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.99M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.75M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$55.93M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-64.21M	USD	3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.97M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.36M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.97M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.18M	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`	$201.42M	USD	Point-in-time

Stockholders Equity 75 line items

Line Item	Tag	Value	Unit	Period
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	199.30M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$23.23M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$58.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-30.69M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.75M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.47M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-15.65M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$14.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.91M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.73M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.56M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.44M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.07M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.16M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$564.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.09M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.35M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$431.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.05M	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`	$739.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.66M	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`	$198.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	USD	1 Quarter
Dividends declared to common stockholders ($0.075 per share)	`DividendsCommonStockCash`	$15.49M	USD	1 Quarter
Dividends declared to common stockholders ($0.075 per share)	`DividendsCommonStockCash`	$15.31M	USD	1 Quarter
Dividends declared to common stockholders ($0.075 per share)	`DividendsCommonStockCash`	$15.46M	USD	1 Quarter
Repurchase and cancellation of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	3.70M	shares	1 Quarter
Repurchase and cancellation of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	4.49M	shares	3 Qtrs
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$100.10M	USD	3 Qtrs
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$80.07M	USD	1 Quarter
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$20.02M	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$268.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$-10.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$8.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$-231.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$208.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$647.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.37M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.71M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	202.90M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	199.30M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$7.79M	USD	1 Quarter
Net income	`ProfitLoss`	$70.47M	USD	3 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$4.04M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$58.65M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-192.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-27.46M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-11.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.07M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.35M	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.61M	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.22M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$16.31M	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-68.00K	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-46.00K	USD	1 Quarter
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`	$-207.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-30.69M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$9.75M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-8.47M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-15.65M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.79M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$14.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$80.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$74.65M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$50.18M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.82M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$157.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$624.00K	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.18M	USD	3 Qtrs
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-7.62M	USD	1 Quarter
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$71.46M	USD	3 Qtrs
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$79.60M	USD	3 Qtrs
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$48.35M	USD	1 Quarter

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