10-Q Filing

CHAMPIONX CORP CIK: 1723089 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001723089-23-000159`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	championx-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 72 Cash Flow Statement 84 Stockholders Equity 84 Comprehensive Income 40

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.15M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.15M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$751.94M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.19M	USD	Point-in-time
Receivables, net of allowances of $6,148 in 2023 and $5,148 in 2022	`AccountsReceivableNetCurrent`	$601.06M	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
Receivables, net of allowances of $6,148 in 2023 and $5,148 in 2022	`AccountsReceivableNetCurrent`	$520.11M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	195.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$588.80M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	198.50M	shares	Point-in-time
Inventories, net	`InventoryNet`	$542.54M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$9.96M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	195.00M	shares	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`	$81.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.49B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $751,939 in 2023 and $693,226 in 2022	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$734.81M	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $751,939 in 2023 and $693,226 in 2022	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$763.56M	USD	Point-in-time
Goodwill	`Goodwill`	$679.49M	USD	Point-in-time
Goodwill	`Goodwill`	$666.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$256.38M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$305.01M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.92M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$92.93M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$63.54M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$76.67M	USD	Point-in-time
Total assets	`Assets`	$3.39B	USD	Point-in-time
Total assets	`Assets`	$3.31B	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`	$469.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$500.02M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$102.75M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$90.77M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$24.59M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$28.84M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$38.53M	USD	Point-in-time
Accrued distributor fees	`AccruedDistributorFeesCurrent`	$102.03M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$7.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$133.72M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$142.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$793.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$858.98M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$594.94M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$621.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$77.46M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$94.23M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$46.16M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$59.69M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$92.64M	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`	$1.61B	USD	Point-in-time
Common stock (2.5 billion shares authorized, $0.01 par value) 195.0 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) 195.0 million shares and 198.5 million shares issued and outstanding in 2023 and 2022, respectively	`CommonStockValue`	$1.95M	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.25B	USD	Point-in-time
Capital in excess of par value of common stock	`AdditionalPaidInCapitalCommonStock`	$2.20B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-442.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-527.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-42.61M	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.69B	USD	Point-in-time
ChampionX stockholders equity	`StockholdersEquity`	$1.72B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-15.35M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-17.34M	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`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.39B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Lease and other revenue	`OperatingLeaseLeaseIncome`	$25.27M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$22.81M	USD	1 Quarter
Lease and other revenue	`OperatingLeaseLeaseIncome`	$64.88M	USD	3 Qtrs
Lease and other revenue	`OperatingLeaseLeaseIncome`	$71.89M	USD	3 Qtrs
Total revenue	`Revenues`	$2.81B	USD	3 Qtrs
Total revenue	`Revenues`	$939.78M	USD	1 Quarter
Total revenue	`Revenues`	$1.02B	USD	1 Quarter
Total revenue	`Revenues`	$2.82B	USD	3 Qtrs
Cost of goods and services	`CostOfRevenue`	$647.92M	USD	1 Quarter
Cost of goods and services	`CostOfRevenue`	$2.20B	USD	3 Qtrs
Cost of goods and services	`CostOfRevenue`	$1.96B	USD	3 Qtrs
Cost of goods and services	`CostOfRevenue`	$825.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$857.42M	USD	3 Qtrs
Gross profit	`GrossProfit`	$291.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$196.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$616.04M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$162.32M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$153.74M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$485.62M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$445.45M	USD	3 Qtrs
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$6.41M	USD	1 Quarter
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-12.96M	USD	3 Qtrs
Loss (gain) on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-16.52M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-13.74M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-33.58M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-11.45M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-40.75M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.19M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-291.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-10.97M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$309.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.53M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.23M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$69.33M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.01M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.25M	USD	1 Quarter
Net income	`ProfitLoss`	$80.79M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$240.56M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.52M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$157.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.08M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.18M	USD	3 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$87.11M	USD	3 Qtrs
Net income attributable to ChampionX	`NetIncomeLoss`	$77.71M	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Net income attributable to ChampionX	`NetIncomeLoss`	$237.04M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.20	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	197.06M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	195.88M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	202.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	199.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.16M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.03M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.52M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$80.79M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$240.56M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$177.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$177.76M	USD	3 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$6.41M	USD	1 Quarter
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-12.96M	USD	3 Qtrs
Loss on disposal group	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$-16.52M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.66M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$14.81M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$16.35M	USD	3 Qtrs
Provision for inventory obsolescence and write-downs	`InventoryWriteDown`	$21.21M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.04M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-15.38M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-37.51M	USD	3 Qtrs
Gain on disposal of fixed assets	`GainLossOnSaleOfOtherAssets`	$1.48M	USD	3 Qtrs
Gain 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`	$3.04M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.26M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$4.79M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-85.18M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$50.08M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.01M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$72.30M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$20.95M	USD	3 Qtrs
Leased assets	`IncreaseDecreaseinLeaseAssets`	$38.60M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-17.47M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-24.02M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.02M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$12.27M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-91.45M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$371.32M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$218.27M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.97M	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`	$12.33M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.20M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.64M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-61.53M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$15.50M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$995.04M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$43.62M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.07B	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$8.01M	USD	3 Qtrs
Payment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$1.03M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$159.73M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.09M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$30.48M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$48.31M	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.73M	USD	3 Qtrs
Payments related to taxes withheld on stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.58M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.71M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.80M	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.50M	USD	3 Qtrs
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$7.15M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$2.31M	USD	3 Qtrs
Distributions to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$3.02M	USD	3 Qtrs
Proceeds expected to be remitted under the Accounts Receivable Facility	`ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility`	$7.11M	USD	3 Qtrs
Proceeds expected to be remitted under the Accounts Receivable Facility	`ProceedsExpectedToBeRemittedUnderTheAccountsReceivableFacility`	$14.03M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-215.20M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-236.55M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.75M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.31M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-64.21M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.82M	USD	3 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`	$285.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.19M	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`	$285.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.19M	USD	Point-in-time

Stockholders Equity 84 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`	$0.09	USD	Point-in-time
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`	$0.09	USD	1 Quarter
Dividends declared to common shareholders (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	195.00M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time
Net income	`ProfitLoss`	$80.79M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$240.56M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$9.15M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.92M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-15.31M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-30.69M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-15.65M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-13.08M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.09M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.34M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.07M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.73M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$24.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.01M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.76M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.09M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$564.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.05M	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`	$198.00K	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.59M	USD	1 Quarter
Taxes withheld on issuance of stock-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.04M	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`	$2.64M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$15.46M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$15.49M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$15.31M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$16.72M	USD	1 Quarter
Dividends declared to common stockholders	`DividendsCommonStockCash`	$16.78M	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`	5.07M	shares	3 Qtrs
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$68.11M	USD	1 Quarter
Repurchase and cancellation of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$159.70M	USD	3 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`	$80.07M	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`	$647.00K	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.48M	USD	1 Quarter
Distributions to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$823.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$8.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$-10.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$-7.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$8.00K	USD	1 Quarter
Cumulative translation adjustments	`NoncontrollingInterestIncreaseDecreaseFromCurrencyTranslationAdjustments`	$208.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	198.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	195.00M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.78B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.69B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.75B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$80.79M	USD	1 Quarter
Net income	`ProfitLoss`	$38.17M	USD	1 Quarter
Net income	`ProfitLoss`	$240.56M	USD	3 Qtrs
Net income	`ProfitLoss`	$90.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$63.14M	USD	1 Quarter
Net income	`ProfitLoss`	$96.63M	USD	1 Quarter
Net income	`ProfitLoss`	$28.90M	USD	1 Quarter
Net income	`ProfitLoss`	$23.23M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-14.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-13.14M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-27.46M	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.71M	USD	3 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$16.31M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.16M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.61M	USD	3 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-10.00K	USD	3 Qtrs
Defined pension and other post-retirement benefits adjustments, net	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-207.00K	USD	3 Qtrs
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`	$-59.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$9.15M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.92M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-15.31M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$17.84M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-30.69M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-15.65M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-13.08M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$227.48M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.87M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.46M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$74.65M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.08M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.52M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$157.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.18M	USD	3 Qtrs
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$-7.62M	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$71.46M	USD	3 Qtrs
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$70.79M	USD	1 Quarter
Comprehensive income (loss) attributable to ChampionX	`ComprehensiveIncomeNetOfTax`	$223.96M	USD	3 Qtrs

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