10-Q Filing

HAYWARD HOLDINGS, INC. CIK: 1834622 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001834622-22-000047`
Period End Date	20220331
Filing Date	20220429
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	hayw-20220402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 50 Cash Flow Statement 71 Stockholders Equity 21

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$265.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.16M	USD	Point-in-time
Accounts receivable, net of allowances of $5,054 and $2,003, respectively	`AccountsReceivableNetCurrent`	$208.11M	USD	Point-in-time
Accounts receivable, net of allowances of $5,054 and $2,003, respectively	`AccountsReceivableNetCurrent`	$349.02M	USD	Point-in-time
Inventories, net	`InventoryNet`	$260.71M	USD	Point-in-time
Inventories, net	`InventoryNet`	$233.45M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.32M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.98M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.05M	USD	Point-in-time
Property, plant, and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$70.66M	USD	Point-in-time
Property, plant, and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$67.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$750.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$758.20M	USD	Point-in-time
Preferred shares par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $70,664 and $67,366, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$146.75M	USD	Point-in-time
Property, plant, and equipment, net of accumulated depreciation of $70,664 and $67,366, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$149.21M	USD	Point-in-time
Preferred shares par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	$924.09M	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Goodwill	`Goodwill`	$924.26M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trademark	`IndefiniteLivedTrademarks`	$736.00M	USD	Point-in-time
Trademark	`IndefiniteLivedTrademarks`	$736.00M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Customer relationships, net	`FiniteLivedCustomerRelationshipsNet`	$236.51M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Customer relationships, net	`FiniteLivedCustomerRelationshipsNet`	$242.85M	USD	Point-in-time
Other intangibles, net	`OtherFiniteLivedIntangibleAssetsNet`	$100.48M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other intangibles, net	`OtherFiniteLivedIntangibleAssetsNet`	$103.19M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$74.89M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$95.03M	USD	Point-in-time
Total assets	`Assets`	$3.00B	USD	Point-in-time
Total assets	`Assets`	$2.98B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	238.43M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	238.84M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	229.38M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	233.06M	shares	Point-in-time
Common treasury stock (in shares)	`TreasuryStockCommonShares`	5.38M	shares	Point-in-time
Common treasury stock (in shares)	`TreasuryStockCommonShares`	9.46M	shares	Point-in-time
Current portion of the long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$12.10M	USD	Point-in-time
Current portion of the long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$12.15M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$87.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$95.06M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$181.96M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$190.38M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$30.65M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$13.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$319.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$303.86M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$970.87M	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$973.12M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$262.38M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$260.42M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$75.53M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$69.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.61B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.63B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 100,000,000 authorized, no shares issued or outstanding as of April 2, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 100,000,000 authorized, no shares issued or outstanding as of April 2, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock $0.001 par value, 750,000,000 authorized; 238,835,374 issued and 229,379,957 outstanding at April 2, 2022; 238,432,216 issued and 233,056,799 outstanding at December 31, 2021	`CommonStockValue`	$239.00K	USD	Point-in-time
Common stock $0.001 par value, 750,000,000 authorized; 238,835,374 issued and 229,379,957 outstanding at April 2, 2022; 238,432,216 issued and 233,056,799 outstanding at December 31, 2021	`CommonStockValue`	$238.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.06B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.06B	USD	Point-in-time
Common stock in treasury; 9,455,417 and 5,375,417 at April 2, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$94.87M	USD	Point-in-time
Common stock in treasury; 9,455,417 and 5,375,417 at April 2, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$14.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$320.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$394.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.74M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$209.26M	USD	Point-in-time
Total liabilities, redeemable stock, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.98B	USD	Point-in-time
Total liabilities, redeemable stock, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.00B	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$334.36M	USD	1 Quarter
Foreign currency translation adjustment tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	-	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$410.46M	USD	1 Quarter
Foreign currency translation adjustment tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$1.12M	USD	1 Quarter
Change in fair value of derivatives, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$2.82M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$174.46M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$220.07M	USD	1 Quarter
Change in fair value of derivatives, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$626.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$190.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$159.90M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$68.86M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$66.52M	USD	1 Quarter
Research, development, and engineering expense	`ResearchAndDevelopmentExpense`	$5.24M	USD	1 Quarter
Research, development, and engineering expense	`ResearchAndDevelopmentExpense`	$4.82M	USD	1 Quarter
Acquisition and restructuring related expense	`AcquisitionAndRestructuringRelatedExpenseIncome`	$33.00K	USD	1 Quarter
Acquisition and restructuring related expense	`AcquisitionAndRestructuringRelatedExpenseIncome`	$2.27M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssetsExcludingPortionDeemedCostOfSales`	$7.61M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssetsExcludingPortionDeemedCostOfSales`	$8.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$79.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.42M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-9.56M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-18.27M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-5.81M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-3.57M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$514.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-27.65M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-9.05M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.05M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$97.37M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.34M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.03M	USD	1 Quarter
Foreign currency translation adjustments, net of tax expense of zero and $1,123, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.84M	USD	1 Quarter
Foreign currency translation adjustments, net of tax expense of zero and $1,123, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-360.00K	USD	1 Quarter
Change in fair value of derivatives, net of tax expense of $2,824, and $626, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.81M	USD	1 Quarter
Change in fair value of derivatives, net of tax expense of $2,824, and $626, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$8.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.52M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$82.14M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.85	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.85	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	232.27M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	243.14M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$36.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.03M	USD	1 Quarter
Depreciation	`Depreciation`	$4.84M	USD	1 Quarter
Depreciation	`Depreciation`	$4.75M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfTotalIntangibleAssets`	$10.39M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfTotalIntangibleAssets`	$9.10M	USD	1 Quarter
Amortization of deferred debt issuance fees	`AmortizationOfFinancingCosts`	$825.00K	USD	1 Quarter
Amortization of deferred debt issuance fees	`AmortizationOfFinancingCosts`	$1.38M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.63M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.64M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-346.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.72M	USD	1 Quarter
Allowance for bad debts	`ReceivablesCreditLossExpenseReversal`	$39.00K	USD	1 Quarter
Allowance for bad debts	`ReceivablesCreditLossExpenseReversal`	$3.05M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-5.81M	USD	1 Quarter
Loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-53.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$144.04M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$209.99M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$28.13M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$15.36M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-10.23M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$265.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.05M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.02M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilities`	$18.39M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilities`	$8.17M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-56.94M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-131.64M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.33M	USD	1 Quarter
Purchases of intangibles	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchases of intangibles	`PaymentsToAcquireIntangibleAssets`	$239.00K	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$177.00K	USD	1 Quarter
Proceeds from settlements of investment currency hedge	`ProceedsFromHedgeInvestingActivities`	-	USD	1 Quarter
Proceeds from settlements of investment currency hedge	`ProceedsFromHedgeInvestingActivities`	$445.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.59M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.51M	USD	1 Quarter
Proceeds from issuance of common stock - Initial Public Offering	`ProceedsFromIssuanceInitialPublicOffering`	$377.40M	USD	1 Quarter
Proceeds from issuance of common stock - Initial Public Offering	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Costs associated with Initial Public Offering	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Costs associated with Initial Public Offering	`PaymentsOfStockIssuanceCosts`	$25.81M	USD	1 Quarter
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$81.00M	USD	Point-in-time
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$80.93M	USD	1 Quarter
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$170.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$364.59M	USD	1 Quarter
Net change in revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$48.76M	USD	1 Quarter
Net change in revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$421.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$73.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.66M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-83.01M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-365.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-187.00K	USD	1 Quarter
Change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-100.94M	USD	1 Quarter
Change in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-147.64M	USD	1 Quarter
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$265.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.35M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.16M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.29M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$265.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.35M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.16M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$115.29M	USD	Point-in-time
Cash paid-interest	`InterestPaidNet`	$16.88M	USD	1 Quarter
Cash paid-interest	`InterestPaidNet`	$8.48M	USD	1 Quarter
Cash paid-income taxes	`IncomeTaxesPaidNet`	$51.00K	USD	1 Quarter
Cash paid-income taxes	`IncomeTaxesPaidNet`	$9.71M	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$209.26M	USD	Point-in-time
Net income	`NetIncomeLoss`	$36.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.03M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.63M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.64M	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$428.00K	USD	1 Quarter
Issuance of stock	`StockIssuedDuringPeriodValueNewIssues`	$351.57M	USD	1 Quarter
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$214.00K	USD	1 Quarter
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$80.78M	USD	1 Quarter
Treasury stock purchase for tax withholdings on stock exercises	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.11M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.65M	USD	1 Quarter
Conversion to common stock upon IPO	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$594.71M	USD	1 Quarter
Cash distributions	`DividendsCash`	$41.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$209.26M	USD	Point-in-time

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