10-Q Filing

CHAMPIONX CORP CIK: 1723089 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001723089-23-000133`
Period End Date	20230630
Filing Date	20230725
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	championx-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 70 Cash Flow Statement 82 Stockholders Equity 59 Comprehensive Income 36

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$743.43M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$693.23M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$263.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	198.50M	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$522.11M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$601.06M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	196.30M	shares	Point-in-time
Inventories, net	`InventoryNet`	$599.04M	USD	Point-in-time
Inventories, net	`InventoryNet`	$542.54M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	196.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$13.16M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$29.33M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$87.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48B	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $743,426 in 2023 and $693,226 in 2022	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$757.84M	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $743,426 in 2023 and $693,226 in 2022	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$734.81M	USD	Point-in-time
Goodwill	`Goodwill`	$669.07M	USD	Point-in-time
Goodwill	`Goodwill`	$679.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$305.01M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$270.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$92.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$84.48M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$76.67M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$63.02M	USD	Point-in-time
Total assets	`Assets`	$3.33B	USD	Point-in-time
Total assets	`Assets`	$3.39B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$550.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$469.57M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$102.75M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$85.52M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$26.64M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$28.84M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$19.30M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$102.03M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$7.19M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$142.35M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$125.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$858.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$814.46M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$621.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$595.16M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$72.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$94.23M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$52.53M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$59.69M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$82.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$75.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.71B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.62B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 196.3 million shares and 198.5 million shares issued and outstanding in 2023 and 2022, respectively	`CommonStockValue`	$1.99M	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 196.3 million shares and 198.5 million shares issued and outstanding in 2023 and 2022, respectively	`CommonStockValue`	$1.96M	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.22B	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.25B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-527.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-457.15M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.53M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.69B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-17.34M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-17.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.39B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.33B	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$46.62M	USD	2 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$42.07M	USD	2 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$24.54M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$23.18M	USD	1 Quarter
Total revenue	`Revenues`	$1.80B	USD	2 Qtrs
Total revenue	`Revenues`	$1.87B	USD	2 Qtrs
Total revenue	`Revenues`	$932.57M	USD	1 Quarter
Total revenue	`Revenues`	$926.60M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$720.68M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$1.31B	USD	2 Qtrs
Cost of goods and services	`CostOfRevenue`	$644.39M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$1.38B	USD	2 Qtrs
Gross profit	`GrossProfit`	$211.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$419.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$565.56M	USD	2 Qtrs
Gross profit	`GrossProfit`	$282.21M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$162.48M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$141.35M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$291.71M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$323.30M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-22.92M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-12.96M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-22.92M	USD	1 Quarter
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-14.54M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-27.01M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-10.77M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-22.13M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-10.68M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-2.19M	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$3.10M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-9.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$72.06M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$200.09M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$108.28M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.41M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$11.66M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$40.33M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$4.99M	USD	2 Qtrs
Net income	`ProfitLoss`	$67.07M	USD	2 Qtrs
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$159.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.02M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$441.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$829.00K	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$159.33M	USD	2 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$95.80M	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$64.04M	USD	2 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$27.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	197.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	203.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	197.66M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	203.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.86M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	200.74M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.69M	shares	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$67.07M	USD	2 Qtrs
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$159.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$115.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$117.23M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-22.92M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-12.96M	USD	2 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-22.92M	USD	1 Quarter
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$11.57M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$9.80M	USD	2 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$6.93M	USD	2 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$12.34M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.04M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-34.39M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-22.19M	USD	2 Qtrs
Gain on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$1.07M	USD	2 Qtrs
Gain on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$6.28M	USD	2 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$1.77M	USD	2 Qtrs
Amortization of deferred loan costs and accretion of discount	`AmortizationofDeferredLoanCostsAccretionOfDiscounts`	$2.03M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$805.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.19M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$42.46M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-83.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$81.94M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$70.04M	USD	2 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$22.12M	USD	2 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$13.95M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-16.13M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.13M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$40.63M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.51M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-120.90M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-58.08M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$208.29M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.11M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.28M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.55M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.11M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.95M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.20M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.81M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.17M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$15.50M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$844.84M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$43.63M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$869.99M	USD	2 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$8.01M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$91.62M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.02M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$15.46M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$31.59M	USD	2 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.38M	USD	2 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.14M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.15M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.04M	USD	2 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.38M	USD	2 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$3.12M	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$823.00K	USD	2 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.37M	USD	2 Qtrs
Proceeds expected to be remitted under the Accounts Receivable Facility	`ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility`	-	USD	2 Qtrs
Proceeds expected to be remitted under the Accounts Receivable Facility	`ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility`	$15.40M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-145.24M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-74.36M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$659.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.90M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-84.40M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.18M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.09M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.19M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.78M	USD	Point-in-time

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	USD	1 Quarter
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	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	1 Quarter
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	196.30M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Net income	`ProfitLoss`	$67.07M	USD	2 Qtrs
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$159.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.16M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-15.31M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.15M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$15.04M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.34M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.73M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.07M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.01M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.09M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$24.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.05M	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.64M	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`	$5.10M	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.04M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$15.46M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$16.78M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$15.49M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$16.76M	USD	1 Quarter
Repurchase and cancellation of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.88M	shares	1 Quarter
Repurchase and cancellation of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	3.19M	shares	2 Qtrs
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$20.02M	USD	1 Quarter
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$51.19M	USD	1 Quarter
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$40.43M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.37M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$823.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$208.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$8.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$8.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	196.30M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$67.07M	USD	2 Qtrs
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$159.77M	USD	2 Qtrs
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.66M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$19.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.02M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$21.17M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.70M	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$231.00K	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.40M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.46M	USD	2 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-139.00K	USD	2 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$49.00K	USD	2 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$102.00K	USD	1 Quarter
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-70.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.16M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-15.31M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.15M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$15.04M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$46.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$105.78M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$82.11M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$153.61M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.02M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$829.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$441.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$104.95M	USD	1 Quarter
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$45.18M	USD	1 Quarter
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$79.08M	USD	2 Qtrs
Comprehensive income attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$153.17M	USD	2 Qtrs

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