10-Q Filing

Kontoor Brands, Inc. CIK: 1760965 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001760965-20-000042`
Period End Date	20200630
Filing Date	20200807
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	ktb-20200627_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 66 Cash Flow Statement 79 Stockholders Equity 43 Comprehensive Income 30

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Preferred Stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Preferred Stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	90.00M	shares	Point-in-time
Preferred Stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$256.28M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.69M	USD	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$106.81M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.65M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$153.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$228.46M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.93M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$254.05M	USD	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.81M	shares	Point-in-time
Inventories	`InventoryNet`	$432.93M	USD	Point-in-time
Inventories	`InventoryNet`	$538.17M	USD	Point-in-time
Inventories	`InventoryNet`	$458.10M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$77.37M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$84.23M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$79.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$948.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$919.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$877.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$131.73M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$132.19M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$124.94M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$90.42M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$76.78M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$86.58M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$16.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$50.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$17.29M	USD	Point-in-time
Goodwill	`Goodwill`	$211.78M	USD	Point-in-time
Goodwill	`Goodwill`	$212.84M	USD	Point-in-time
Goodwill	`Goodwill`	$213.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$190.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$222.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$153.04M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.52B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.59B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.57B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$1.07M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$310.00K	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$2.83M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$159.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$147.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.75M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$194.74M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$177.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$180.32M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$35.39M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$34.44M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$35.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$330.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$381.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$378.55M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$46.53M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$58.59M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$54.75M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$101.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$86.19M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$109.89M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$913.27M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.13B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$979.69M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.62B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.45B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.51B	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$158.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$150.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$134.62M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-1.72M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.23M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-72.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-131.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-73.69M	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$-44.89M	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$1.72B	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$-18.48M	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$82.17M	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$69.26M	USD	Point-in-time
Total (deficit) equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.57B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.26B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$853.75M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$609.75M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$349.25M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$528.62M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$214.89M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$775.20M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$374.18M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$182.05M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$404.17M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$347.09M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$156.16M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.18B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$371.05M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$556.23M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$875.71M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-21.80M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$78.72M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$53.52M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-21.96M	USD	2 Qtrs
Interest income from former parent, net	`InterestIncomeRelatedParty`	$1.42M	USD	1 Quarter
Interest income from former parent, net	`InterestIncomeRelatedParty`	$3.76M	USD	2 Qtrs
Interest income from former parent, net	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Interest income from former parent, net	`InterestIncomeRelatedParty`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.74M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.64M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.06M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$972.00K	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$556.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.83M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$1.41M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.34M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.37M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-959.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-509.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-46.01M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.23M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.34M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-34.87M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$21.83M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$-1.61M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$-10.03M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$9.36M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-33.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$15.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$53.40M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-35.97M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.99M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.63	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.58	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.94	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.63	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.58	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.65M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.78M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.90M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.93M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-33.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$15.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$53.40M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-35.97M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$16.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.22M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$11.47M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.16M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.98M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$18.01M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$18.35M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.07M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.36M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-50.32M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$69.66M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-20.51M	USD	2 Qtrs
Due from former parent	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-548.30M	USD	2 Qtrs
Due from former parent	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-37.99M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$43.33M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-1.81M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$5.69M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-9.76M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$230.00K	USD	2 Qtrs
Due to former parent	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	2 Qtrs
Due to former parent	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-16.07M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.92M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$18.85M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.43M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$580.15M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$11.89M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$9.30M	USD	2 Qtrs
Software purchases	`PaymentsToAcquireSoftware`	-	USD	2 Qtrs
Software purchases	`PaymentsToAcquireSoftware`	$25.61M	USD	2 Qtrs
Collection of notes receivable from former parent	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$517.94M	USD	2 Qtrs
Collection of notes receivable from former parent	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.67M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.08M	USD	2 Qtrs
Cash (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$509.72M	USD	2 Qtrs
Cash (used) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.17M	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$512.50M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$287.50M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Proceeds from issuance of term loans	`ProceedsFromIssuanceOfLongTermDebt`	$1.05B	USD	2 Qtrs
Proceeds from issuance of term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of term loans	`ProceedsFromIssuanceOfLongTermDebt`	$1.05B	USD	Point-in-time
Payment of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$12.99M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$4.35M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfDebt`	$50.00M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfDebt`	$75.00M	USD	Point-in-time
Repayments of term loans	`RepaymentsOfDebt`	$175.00M	USD	Point-in-time
Repayments of term loans	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayment of notes payable to former parent	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of notes payable to former parent	`RepaymentsOfRelatedPartyDebt`	$269.11M	USD	2 Qtrs
Net transfers to former parent	`ProceedsPaymentContributionsfromtoParent`	-	USD	2 Qtrs
Net transfers to former parent	`ProceedsPaymentContributionsfromtoParent`	$-1.81B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$31.88M	USD	2 Qtrs
Proceeds from issuance of Common Stock, net of shares withheld for taxes	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of Common Stock, net of shares withheld for taxes	`ProceedsFromIssuanceOfCommonStock`	$-1.85M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.17M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-718.00K	USD	2 Qtrs
Cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$186.21M	USD	2 Qtrs
Cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.11B	USD	2 Qtrs
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.99M	USD	2 Qtrs
Effect of foreign currency rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$995.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$149.47M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.09M	USD	2 Qtrs
Cash, cash equivalents and restricted cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$106.81M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$256.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$106.81M	USD	Point-in-time
Cash, cash equivalents and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$256.28M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Dividends (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	56.65M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	56.93M	shares	Point-in-time
Balance, beginning (in shares)	`CommonStockSharesOutstanding`	56.81M	shares	Point-in-time
Balance, beginning	`StockholdersEquity`	$-44.89M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$1.72B	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$-18.48M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$82.17M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$69.26M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$1.58B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-33.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$15.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$53.40M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-35.97M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.99M	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$611.00K	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.88M	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.69M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$758.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.20M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.21M	USD	1 Quarter
Defined benefit pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$14.00K	USD	1 Quarter
Defined benefit pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$17.00K	USD	1 Quarter
Defined benefit pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-29.00K	USD	1 Quarter
Derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-26.58M	USD	1 Quarter
Derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.02M	USD	1 Quarter
Derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.42M	USD	1 Quarter
Net transfers to former parent	`TransfersToFromParentNet`	$-157.93M	USD	1 Quarter
Net transfers to former parent	`TransfersToFromParentNet`	$-1.54B	USD	1 Quarter
Transfer of former parent investment to additional paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	1 Quarter
Issuance of Common Stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Dividends on Common Stock ($0.56 per share)	`Dividends`	$31.88M	USD	1 Quarter
Balance, ending	`StockholdersEquity`	$-44.89M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$1.72B	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$-18.48M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$82.17M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$69.26M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$1.58B	USD	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	56.65M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	56.93M	shares	Point-in-time
Balance, ending (in shares)	`CommonStockSharesOutstanding`	56.81M	shares	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-33.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$15.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$53.40M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-35.97M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.99M	USD	1 Quarter
Gains (losses) arising during the period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$4.69M	USD	1 Quarter
Gains (losses) arising during the period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-24.01M	USD	2 Qtrs
Gains (losses) arising during the period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$5.44M	USD	2 Qtrs
Gains (losses) arising during the period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.20M	USD	1 Quarter
Net change in deferred (gains) losses during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-14.00K	USD	2 Qtrs
Net change in deferred (gains) losses during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-14.00K	USD	1 Quarter
Net change in deferred (gains) losses during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$12.00K	USD	2 Qtrs
Net change in deferred (gains) losses during the period	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-17.00K	USD	1 Quarter
Losses arising during the period	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax`	$-2.06M	USD	1 Quarter
Losses arising during the period	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax`	$-2.06M	USD	2 Qtrs
Losses arising during the period	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax`	$-820.00K	USD	1 Quarter
Losses arising during the period	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax`	$-24.48M	USD	2 Qtrs
Reclassification to net (loss) income for gains realized	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$362.00K	USD	2 Qtrs
Reclassification to net (loss) income for gains realized	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$198.00K	USD	1 Quarter
Reclassification to net (loss) income for gains realized	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$362.00K	USD	1 Quarter
Reclassification to net (loss) income for gains realized	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax`	$3.13M	USD	2 Qtrs
Total other comprehensive (loss) income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.16M	USD	1 Quarter
Total other comprehensive (loss) income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.25M	USD	1 Quarter
Total other comprehensive (loss) income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.01M	USD	2 Qtrs
Total other comprehensive (loss) income, net of related taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-51.60M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-31.10M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$56.41M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$40.24M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-87.57M	USD	2 Qtrs

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