10-Q Filing

ESAB Corp CIK: 1877322 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001877322-22-000012`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	esab-20220701_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 86 Cash Flow Statement 64 Stockholders Equity 47 Comprehensive Income 40

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.30M	USD	Point-in-time
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.91M	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.21M	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
Trade receivables, less allowance for credit losses of $28,304 and $23,912	`AccountsReceivableNetCurrent`	$384.25M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.04M	shares	Point-in-time
Trade receivables, less allowance for credit losses of $28,304 and $23,912	`AccountsReceivableNetCurrent`	$383.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$420.06M	USD	Point-in-time
Inventories, net	`InventoryNet`	$473.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.04M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$51.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$58.89M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.36M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$964.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.04B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$286.28M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$276.06M	USD	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Goodwill	`Goodwill`	$1.53B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$476.77M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$521.43M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$105.18M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$107.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$324.37M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$48.54M	USD	Point-in-time
Total assets	`Assets`	$3.46B	USD	Point-in-time
Total assets	`Assets`	$3.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$345.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$360.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$251.11M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$282.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$642.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$596.59M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$362.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$568.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$959.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.39B	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,043,543 and 100 shares outstanding as of July 1, 2022 and December 31, 2021, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,043,543 and 100 shares outstanding as of July 1, 2022 and December 31, 2021, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$52.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Former Parents investment	`MembersCapital`	-	USD	Point-in-time
Former Parents investment	`MembersCapital`	$2.92B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-460.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-663.42M	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$2.46B	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$39.54M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$40.99M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.46B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.67B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$629.80M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$661.18M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$433.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$779.75M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$857.28M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$411.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$218.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$418.19M	USD	2 Qtrs
Gross profit	`GrossProfit`	$451.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$227.47M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$257.12M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$136.94M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$132.70M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$272.36M	USD	2 Qtrs
Restructuring and other related charges	`RestructuringCharges`	$4.65M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$3.49M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$9.95M	USD	2 Qtrs
Restructuring and other related charges	`RestructuringCharges`	$6.56M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$82.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$169.49M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$85.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$154.50M	USD	2 Qtrs
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$11.21M	USD	2 Qtrs
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	-	USD	2 Qtrs
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$11.21M	USD	1 Quarter
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	-	USD	1 Quarter
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$-314.00K	USD	1 Quarter
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$-539.00K	USD	2 Qtrs
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$7.35M	USD	2 Qtrs
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$7.91M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$93.72M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.97M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$166.25M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.14M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.61M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$29.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$45.79M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$136.65M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$57.92M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$116.35M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$78.11M	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	2 Qtrs
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-3.92M	USD	2 Qtrs
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.90M	USD	1 Quarter
Net income	`ProfitLoss`	$136.65M	USD	2 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$112.43M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.58M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.74M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$705.00K	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$775.00K	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$77.41M	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$135.06M	USD	2 Qtrs
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$110.69M	USD	2 Qtrs
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$55.25M	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.29	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.95	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.90	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.25	USD	2 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.03	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.07	USD	2 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$2.25	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.29	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.83	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.25	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.94	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.89	USD	2 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.29	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.07	USD	2 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.03	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.25	USD	2 Qtrs
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.82	USD	2 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$136.65M	USD	2 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$112.43M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$37.83M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$33.07M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.25M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.36M	USD	2 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	-	USD	2 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$597.00K	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-997.00K	USD	2 Qtrs
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-7.35M	USD	2 Qtrs
Pension settlement gain	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	-	USD	2 Qtrs
Pension settlement gain	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-11.21M	USD	2 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$17.65M	USD	2 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$60.15M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$65.98M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$66.28M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.45M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$81.66M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$34.51M	USD	2 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.88M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.41M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.62M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.85M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.69M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfBuildings`	$1.36M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfBuildings`	$3.36M	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.88M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.37M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.33M	USD	2 Qtrs
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	$274.00K	USD	2 Qtrs
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	$1.00B	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLinesOfCredit`	$265.00M	USD	2 Qtrs
Repayments of borrowings on revolving credit facility and other	`RepaymentsOfShortTermDebt`	$79.64M	USD	2 Qtrs
Repayments of borrowings on revolving credit facility and other	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Payment of deferred financing fees	`PaymentsOfDebtIssuanceCosts`	$5.64M	USD	2 Qtrs
Payment of deferred financing fees	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.50M	USD	2 Qtrs
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$1.05M	USD	2 Qtrs
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$941.00K	USD	2 Qtrs
Consideration to Former Parent in connection with the Separation	`PaymentsToFormerParentConsiderationTransferred`	-	USD	2 Qtrs
Consideration to Former Parent in connection with the Separation	`PaymentsToFormerParentConsiderationTransferred`	$1.20B	USD	2 Qtrs
Transfers from (to) Former Parent, net	`TransfersToFromParentNet`	$-2.85M	USD	2 Qtrs
Transfers from (to) Former Parent, net	`TransfersToFromParentNet`	$111.11M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.89M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.87M	USD	2 Qtrs
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.04M	USD	2 Qtrs
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-937.00K	USD	2 Qtrs
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.27M	USD	2 Qtrs
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.68M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.48M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.48M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.53M	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Point-in-time
Other comprehensive loss, tax expense	`OtherComprehensiveIncomeLossTax`	$579.00K	USD	1 Quarter
Other comprehensive loss, tax expense	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive loss, tax expense	`OtherComprehensiveIncomeLossTax`	$594.00K	USD	1 Quarter
Other comprehensive loss, tax expense	`OtherComprehensiveIncomeLossTax`	$1.49M	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.04M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Net income	`ProfitLoss`	$136.65M	USD	2 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$112.43M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$941.00K	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.05M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$3.65M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$-29.82M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$-145.52M	USD	2 Qtrs
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$-101.12M	USD	1 Quarter
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$-26.16M	USD	2 Qtrs
Other comprehensive income (loss), net of tax expense	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Dividends on common stock ($0.05 per share)	`DividendsCommonStock`	$3.02M	USD	1 Quarter
Net transfers from Former Parent, including Separation Adjustments	`NetTransfersFromFormerParentIncludingSeparationAdjustments`	$-8.53M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$56.04M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$1.20B	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$55.07M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$-2.85M	USD	1 Quarter
Issuance of common stock in connection with the Separation and reclassification of Net Investment from Former Parent	`IssuanceOfCommonStockValueSeparationAndReclassificationOfNetInvestmentFromFormerParent`	-	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.66M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.63M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.73M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.59M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.04M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$136.65M	USD	2 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$698.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$360.00K	USD	1 Quarter
Net income	`ProfitLoss`	$112.43M	USD	2 Qtrs
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$234.00K	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$475.00K	USD	2 Qtrs
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	2 Qtrs
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	1 Quarter
Foreign currency translation, net of tax expense of $360, $0, $698 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-101.89M	USD	1 Quarter
Foreign currency translation, net of tax expense of $360, $0, $698 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.59M	USD	2 Qtrs
Foreign currency translation, net of tax expense of $360, $0, $698 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-147.08M	USD	2 Qtrs
Foreign currency translation, net of tax expense of $360, $0, $698 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.45M	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, net of tax expense of $234, $0, $475 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-770.00K	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, net of tax expense of $234, $0, $475 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-1.56M	USD	2 Qtrs
Amortization of pension and other post-retirement net actuarial gain, net of tax expense of $234, $0, $475 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-207.00K	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, net of tax expense of $234, $0, $475 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-428.00K	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.65M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-29.82M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-145.52M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-101.12M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-26.16M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-33.09M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$81.77M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-45.09M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$110.48M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$95.00K	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$659.00K	USD	2 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-970.00K	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-512.00K	USD	2 Qtrs
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$-44.12M	USD	1 Quarter
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$-32.58M	USD	2 Qtrs
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$81.67M	USD	1 Quarter
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$109.82M	USD	2 Qtrs

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