10-K Filing

Cricut, Inc. CIK: 1828962 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001828962-23-000011`
Period End Date	20221231
Filing Date	20230313
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	crct-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 57 Cash Flow Statement 158 Stockholders Equity 34

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.94M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$241.60M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	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
Marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$74.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$136.54M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$199.51M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Inventories	`InventoryCurrent`	$351.68M	USD	Point-in-time
Inventories	`InventoryCurrent`	$454.17M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.82M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	221.91M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	219.66M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$811.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$928.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	221.91M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	219.66M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$63.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.26M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.08M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$760.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$23.82M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$3.25M	USD	Point-in-time
Other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$33.30M	USD	Point-in-time
Other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$2.46M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$949.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$63.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$204.71M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$69.35M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$69.78M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$30.55M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$34.87M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$3.75M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$5.44M	USD	Point-in-time
Dividends payable, current portion	`DividendsPayableCurrent`	$80.78M	USD	Point-in-time
Dividends payable, current portion	`DividendsPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$308.37M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$13.94M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$15.78M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$3.79M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$4.86M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$5.11M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$332.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$276.89M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, and no shares issued and outstanding as of December 31, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, and no shares issued and outstanding as of December 31, 2022 and December 31, 2021.	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share, 1,250,000,000 shares authorized as of December 31, 2022, 219,656,587 and 221,913,559 shares issued and outstanding as of December 31, 2022 and 2021, respectively.	`CommonStockValue`	$222.00K	USD	Point-in-time
Common stock, par value $0.001 per share, 1,250,000,000 shares authorized as of December 31, 2022, 219,656,587 and 221,913,559 shares issued and outstanding as of December 31, 2022 and 2021, respectively.	`CommonStockValue`	$220.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$672.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$717.37M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-475.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$673.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$228.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$121.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$672.74M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$949.63M	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$886.30M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$959.03M	USD	Annual
Cost of revenue	`CostOfRevenue`	$626.66M	USD	Annual
Cost of revenue	`CostOfRevenue`	$848.78M	USD	Annual
Cost of revenue	`CostOfRevenue`	$536.40M	USD	Annual
Gross profit	`GrossProfit`	$349.89M	USD	Annual
Gross profit	`GrossProfit`	$332.37M	USD	Annual
Gross profit	`GrossProfit`	$457.45M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$79.81M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$76.91M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$38.93M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$63.33M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$133.96M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$130.38M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$62.65M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$51.27M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$29.60M	USD	Annual
Total operating expenses	`OperatingExpenses`	$265.05M	USD	Annual
Total operating expenses	`OperatingExpenses`	$269.94M	USD	Annual
Total operating expenses	`OperatingExpenses`	$131.86M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$200.51M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$192.41M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$79.95M	USD	Annual
Total other income (expense), net	`NonoperatingIncomeExpense`	$-32.00K	USD	Annual
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.32M	USD	Annual
Total other income (expense), net	`NonoperatingIncomeExpense`	$2.03M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$192.37M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$199.19M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$81.98M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.90M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.32M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$44.62M	USD	Annual
Net income	`NetIncomeLoss`	$154.58M	USD	Annual
Net income	`NetIncomeLoss`	$140.47M	USD	Annual
Net income	`NetIncomeLoss`	$60.67M	USD	Annual
Change in net unrealized gains (losses) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-300.00K	USD	Annual
Change in net unrealized gains (losses) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Change in net unrealized gains (losses) on marketable securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-120.00K	USD	Annual
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-64.00K	USD	Annual
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$37.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$140.41M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$154.62M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$60.25M	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	Annual
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	Annual
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	Annual
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	Annual
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	Annual
Weighted-average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	214.46M	shares	Annual
Weighted-average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	208.83M	shares	Annual
Weighted-average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	208.12M	shares	Annual
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.12M	shares	Annual
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	219.78M	shares	Annual
Weighted-average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	220.59M	shares	Annual

Cash Flow Statement 158 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$154.58M	USD	Annual
Net income	`NetIncomeLoss`	$140.47M	USD	Annual
Net income	`NetIncomeLoss`	$60.67M	USD	Annual
Depreciation and amortization (including amortization of debt issuance costs)	`DepreciationDepletionAndAmortization`	$26.96M	USD	Annual
Depreciation and amortization (including amortization of debt issuance costs)	`DepreciationDepletionAndAmortization`	$14.12M	USD	Annual
Depreciation and amortization (including amortization of debt issuance costs)	`DepreciationDepletionAndAmortization`	$19.39M	USD	Annual
Impairments	`AssetImpairmentCharges`	-	USD	Annual
Impairments	`AssetImpairmentCharges`	$2.92M	USD	Annual
Impairments	`AssetImpairmentCharges`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$41.12M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$9.48M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$38.07M	USD	Annual
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-2.46M	USD	Annual
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-135.00K	USD	Annual
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-20.46M	USD	Annual
Non-cash lease expense	`OperatingLeaseExpense`	$4.00M	USD	Annual
Non-cash lease expense	`OperatingLeaseExpense`	$4.84M	USD	Annual
Non-cash lease expense	`OperatingLeaseExpense`	$4.19M	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$11.47M	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$5.07M	USD	Annual
Provision for inventory obsolescence	`InventoryWriteDown`	$2.80M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-162.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$1.04M	USD	Annual
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	Annual
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-1.09M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$504.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-128.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-63.70M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$97.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.67M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-63.09M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$37.98M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$207.98M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$27.94M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.81M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.99M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$934.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$51.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$450.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-139.84M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$157.02M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-46.67M	USD	Annual
Accrued expenses and other current liabilities and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$3.64M	USD	Annual
Accrued expenses and other current liabilities and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$39.73M	USD	Annual
Accrued expenses and other current liabilities and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.14M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-5.10M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.67M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.25M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$9.13M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.71M	USD	Annual
Net cash and cash equivalents provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-104.95M	USD	Annual
Net cash and cash equivalents provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$248.23M	USD	Annual
Net cash and cash equivalents provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$117.68M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$180.11M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Proceeds from maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	-	USD	Annual
Proceeds from maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	-	USD	Annual
Proceeds from maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$21.39M	USD	Annual
Proceeds from sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$84.62M	USD	Annual
Proceeds from sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	Annual
Proceeds from sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	Annual
Purchases of property and equipment, including capitalized software development costs	`PaymentsToPurchasePropertyPlantEquipmentAndDevelopmentOfInternalUseSoftware`	$21.84M	USD	Annual
Purchases of property and equipment, including capitalized software development costs	`PaymentsToPurchasePropertyPlantEquipmentAndDevelopmentOfInternalUseSoftware`	$33.77M	USD	Annual
Purchases of property and equipment, including capitalized software development costs	`PaymentsToPurchasePropertyPlantEquipmentAndDevelopmentOfInternalUseSoftware`	$35.79M	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.84M	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.79M	USD	Annual
Net cash and cash equivalents used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-107.87M	USD	Annual
Proceeds from capital contributions	`ProceedsFromContributedCapital`	$1.09M	USD	Annual
Proceeds from capital contributions	`ProceedsFromContributedCapital`	-	USD	Annual
Proceeds from capital contributions	`ProceedsFromContributedCapital`	$200.00K	USD	Annual
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$262.01M	USD	Annual
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$18.58M	USD	Annual
Repurchase of compensatory units	`PaymentsForRepurchaseOfOtherEquity`	$14.00K	USD	Annual
Repurchase of compensatory units	`PaymentsForRepurchaseOfOtherEquity`	$170.00K	USD	Annual
Repurchase of compensatory units	`PaymentsForRepurchaseOfOtherEquity`	$3.04M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$31.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$272.00K	USD	Annual
Employee tax withholding payments on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.02M	USD	Annual
Employee tax withholding payments on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.38M	USD	Annual
Employee tax withholding payments on stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payments on term loan	`RepaymentsOfBankDebt`	-	USD	Annual
Payments on term loan	`RepaymentsOfBankDebt`	-	USD	Annual
Payments on term loan	`RepaymentsOfBankDebt`	$22.92M	USD	Annual
Drawdowns on revolving loan	`ProceedsFromLinesOfCredit`	-	USD	Annual
Drawdowns on revolving loan	`ProceedsFromLinesOfCredit`	-	USD	Annual
Drawdowns on revolving loan	`ProceedsFromLinesOfCredit`	$228.27M	USD	Annual
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	$260.86M	USD	Annual
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Payments on capital leases	`FinanceLeasePrincipalPayments`	-	USD	Annual
Payments on capital leases	`FinanceLeasePrincipalPayments`	$81.00K	USD	Annual
Payments on capital leases	`FinanceLeasePrincipalPayments`	-	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	Annual
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$854.00K	USD	Annual
Cash dividend	`PaymentsOfDividends`	-	USD	Annual
Cash dividend	`PaymentsOfDividends`	$51.20M	USD	Annual
Cash dividend	`PaymentsOfDividends`	-	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-48.00K	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.32M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Net cash and cash equivalents provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-110.92M	USD	Annual
Net cash and cash equivalents provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.25M	USD	Annual
Net cash and cash equivalents provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$260.24M	USD	Annual
Effect of exchange rate on changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-127.00K	USD	Annual
Effect of exchange rate on changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.00K	USD	Annual
Effect of exchange rate on changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-221.00K	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-16.65M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$119.38M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$115.56M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.22M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.94M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$241.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$241.60M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$14.00K	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$1.31M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	-	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$42.31M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$28.92M	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$81.13M	USD	Annual
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.80M	USD	Annual
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.29M	USD	Annual
Property and equipment included in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$3.35M	USD	Annual
Property and equipment included in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.58M	USD	Annual
Property and equipment included in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$4.41M	USD	Annual
Tax withholdings on stock-based awards included in accrued expenses and other current liabilities	`TaxWithholdingShareBasedPaymentArrangementIncurredButNotYetPaid`	-	USD	Annual
Tax withholdings on stock-based awards included in accrued expenses and other current liabilities	`TaxWithholdingShareBasedPaymentArrangementIncurredButNotYetPaid`	$1.32M	USD	Annual
Tax withholdings on stock-based awards included in accrued expenses and other current liabilities	`TaxWithholdingShareBasedPaymentArrangementIncurredButNotYetPaid`	$860.00K	USD	Annual
Stock-based compensation capitalized for software development costs	`ShareBasedCompensationSoftwareDevelopmentCostsCapitalizedAssetsAcquired`	$1.61M	USD	Annual
Stock-based compensation capitalized for software development costs	`ShareBasedCompensationSoftwareDevelopmentCostsCapitalizedAssetsAcquired`	$2.32M	USD	Annual
Stock-based compensation capitalized for software development costs	`ShareBasedCompensationSoftwareDevelopmentCostsCapitalizedAssetsAcquired`	$253.00K	USD	Annual
Deferred offering costs in accounts payable and accrued expenses and other current liabilities	`PaymentsOfStockIssuanceCostsAccountsPayableAndAccruedExpensesAndOtherCurrentLiabilities`	-	USD	Annual
Deferred offering costs in accounts payable and accrued expenses and other current liabilities	`PaymentsOfStockIssuanceCostsAccountsPayableAndAccruedExpensesAndOtherCurrentLiabilities`	$623.00K	USD	Annual
Deferred offering costs in accounts payable and accrued expenses and other current liabilities	`PaymentsOfStockIssuanceCostsAccountsPayableAndAccruedExpensesAndOtherCurrentLiabilities`	-	USD	Annual
Reclassification of liability awards to equity upon modification	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$10.78M	USD	Annual
Reclassification of liability awards to equity upon modification	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	-	USD	Annual
Leasehold improvements acquired through tenant allowances	`LeaseholdImprovementsAcquiredThroughTenantAllowances`	-	USD	Annual
Leasehold improvements acquired through tenant allowances	`LeaseholdImprovementsAcquiredThroughTenantAllowances`	$936.00K	USD	Annual
Leasehold improvements acquired through tenant allowances	`LeaseholdImprovementsAcquiredThroughTenantAllowances`	$859.00K	USD	Annual
Purchased unit equivalents issued in settlement of bonus	`PurchasedUnitEquivalentsIssuedInSettlementOfBonus`	-	USD	Annual
Purchased unit equivalents issued in settlement of bonus	`PurchasedUnitEquivalentsIssuedInSettlementOfBonus`	-	USD	Annual
Purchased unit equivalents issued in settlement of bonus	`PurchasedUnitEquivalentsIssuedInSettlementOfBonus`	$1.36M	USD	Annual
Dividends declared but unpaid	`DividendsDeclaredButUnpaid`	$81.42M	USD	Annual
Dividends declared but unpaid	`DividendsDeclaredButUnpaid`	-	USD	Annual
Dividends declared but unpaid	`DividendsDeclaredButUnpaid`	-	USD	Annual

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$673.98M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$228.93M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$121.14M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$672.74M	USD	Point-in-time
Net income	`NetIncomeLoss`	$154.58M	USD	Annual
Net income	`NetIncomeLoss`	$140.47M	USD	Annual
Net income	`NetIncomeLoss`	$60.67M	USD	Annual
Capital contributions	`PartnersCapitalAccountContributions`	$2.45M	USD	Annual
Capital contributions	`PartnersCapitalAccountContributions`	$200.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.34M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.76M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.96M	USD	Annual
Compensatory units repurchased	`CompensatoryUnitsRepurchasedDuringPeriodValue`	$170.00K	USD	Annual
Compensatory units repurchased	`CompensatoryUnitsRepurchasedDuringPeriodValue`	$3.04M	USD	Annual
Compensatory units repurchased	`CompensatoryUnitsRepurchasedDuringPeriodValue`	$14.00K	USD	Annual
Cash dividend	`DividendsCash`	$51.20M	USD	Annual
Cash dividend	`DividendsCash`	$600.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-420.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-64.00K	USD	Annual
Initial public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$260.69M	USD	Annual
Issuance of common stock upon vesting or exercise of stock-based awards, net of withholding tax	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$6.82M	USD	Annual
Issuance of common stock upon vesting or exercise of stock-based awards, net of withholding tax	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$2.61M	USD	Annual
Forfeiture of unvested common stock	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	Annual
Forfeiture of unvested common stock	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	Annual
Repurchase upon Corporate Reorganization and common stock	`TreasuryStockValueAcquiredCostMethod`	$18.58M	USD	Annual
Repurchase upon Corporate Reorganization and common stock	`TreasuryStockValueAcquiredCostMethod`	$10.00K	USD	Annual
Dividends declared	`Dividends`	$81.42M	USD	Annual
Extinguishment of liability awards to equity	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$10.78M	USD	Annual
Extinguishment of liability awards to equity	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	-	USD	Annual
Balance at end of period	`StockholdersEquity`	$673.98M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$228.93M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$121.14M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$672.74M	USD	Point-in-time

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