10-Q Filing

PERIMETER SOLUTIONS, INC. CIK: 1880319 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001880319-23-000110`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	prm-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 100 Cash Flow Statement 96 Stockholders Equity 52

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	4.00B	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	4.00B	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	163.23M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	165.07M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	152.78M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	156.80M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	6.44M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	12.28M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$72.10M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$24.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$26.65M	USD	Point-in-time
Inventories	`InventoryNet`	$142.96M	USD	Point-in-time
Inventories	`InventoryNet`	$139.78M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.73M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$214.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$294.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$308.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$58.31M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$58.85M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$18.58M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$16.96M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$5.58M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$1.03B	USD	Point-in-time
Goodwill	`Goodwill`	$1.03B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$954.50M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.04B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$1.77M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$1.43M	USD	Point-in-time
Total assets	`Assets`	$2.36B	USD	Point-in-time
Total assets	`Assets`	$2.46B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$32.70M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$37.61M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	-	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$63.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$74.15M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$665.28M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$666.18M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$15.38M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$15.48M	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Finance lease liabilities, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$5.04M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$278.27M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$266.78M	USD	Point-in-time
Founders advisory fees payable - related party	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$170.72M	USD	Point-in-time
Founders advisory fees payable - related party	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$55.99M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$9.32M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.32B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.18B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 165,066,195 and 163,234,542 shares issued; 152,784,298 and 156,797,806 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$165.07M	USD	Point-in-time
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 165,066,195 and 163,234,542 shares issued; 152,784,298 and 156,797,806 shares outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$163.24M	USD	Point-in-time
Treasury shares, at cost; 12,281,897 shares and 6,436,736 at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$49.34M	USD	Point-in-time
Treasury shares, at cost; 12,281,897 shares and 6,436,736 at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$86.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.70B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.70B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-567.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-648.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.46B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.36B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.51M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$262.65M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$319.23M	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$142.66M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$187.15M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$73.76M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$144.51M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$69.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$132.08M	USD	3 Qtrs
Gross profit	`GrossProfit`	$73.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$86.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$118.14M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$16.16M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$54.48M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$15.65M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$41.52M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$13.78M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$41.40M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$13.74M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$41.31M	USD	3 Qtrs
Founders advisory fees - related party	`ProfessionalFeesFairValueAdjustment`	$108.81M	USD	3 Qtrs
Founders advisory fees - related party	`ProfessionalFeesFairValueAdjustment`	$73.71M	USD	1 Quarter
Founders advisory fees - related party	`ProfessionalFeesFairValueAdjustment`	$24.54M	USD	1 Quarter
Founders advisory fees - related party	`ProfessionalFeesFairValueAdjustment`	$154.03M	USD	3 Qtrs
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	$40.74M	USD	1 Quarter
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	3 Qtrs
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	$40.74M	USD	3 Qtrs
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$51.00K	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$-10.00K	USD	3 Qtrs
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$-405.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$46.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$-57.74M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$14.78M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$-44.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$131.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$189.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$103.37M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$27.17M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$10.45M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$32.58M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$9.94M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$30.94M	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.27M	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-13.04M	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.64M	USD	1 Quarter
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.67M	USD	1 Quarter
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-756.00K	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-8.74M	USD	3 Qtrs
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.71M	USD	1 Quarter
Unrealized foreign currency loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.38M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$785.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$60.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$820.00K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-4.11M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-10.22M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-27.46M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-24.45M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$120.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.92M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.06M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$10.24M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-1.81M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$14.68M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$3.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.73M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$106.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$152.12M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.87M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.67M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.43M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-18.18M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$75.86M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.61M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$88.05M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.69M	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.94	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.52	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.48	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.86	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.60	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.94M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	153.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	155.96M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.09M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.74M	shares	3 Qtrs

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$80.73M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$106.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$152.12M	USD	3 Qtrs
Founders advisory fees - related party (change in accounting fair value)	`IncreaseDecreaseInDueToRelatedPartiesChangeInFairValue`	$-154.03M	USD	3 Qtrs
Founders advisory fees - related party (change in accounting fair value)	`IncreaseDecreaseInDueToRelatedPartiesChangeInFairValue`	$-108.81M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$48.49M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$16.28M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$16.45M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$49.54M	USD	3 Qtrs
Interest and payment-in-kind on preferred shares	`PaidInKindInterest`	$5.09M	USD	3 Qtrs
Interest and payment-in-kind on preferred shares	`PaidInKindInterest`	$4.90M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$7.55M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$-130.00K	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.02M	USD	3 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.35M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.30M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-20.49M	USD	3 Qtrs
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	$40.74M	USD	1 Quarter
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	3 Qtrs
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Intangible impairment	`ImpairmentOfIntangibleAssetsFinitelived`	$40.74M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.20M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.24M	USD	3 Qtrs
Amortization of acquisition related inventory step-up	`AmortizationOfAcquisitionRelatedInventory`	$24.80M	USD	3 Qtrs
Amortization of acquisition related inventory step-up	`AmortizationOfAcquisitionRelatedInventory`	-	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.27M	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-13.04M	USD	3 Qtrs
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.64M	USD	1 Quarter
Gain on contingent earn-out	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.67M	USD	1 Quarter
Unrealized loss on foreign currency	`ForeignCurrencyTransactionGainLossUnrealized`	$-756.00K	USD	3 Qtrs
Unrealized loss on foreign currency	`ForeignCurrencyTransactionGainLossUnrealized`	$-8.74M	USD	3 Qtrs
Unrealized loss on foreign currency	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.71M	USD	1 Quarter
Unrealized loss on foreign currency	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.38M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-3.00K	USD	3 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-9.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$46.22M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$63.84M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.67M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$40.76M	USD	3 Qtrs
Prepaid expenses and current other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.06M	USD	3 Qtrs
Prepaid expenses and current other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.97M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.97M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$889.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.17M	USD	3 Qtrs
Income taxes payable, net	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$23.27M	USD	3 Qtrs
Income taxes payable, net	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.78M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities`	$15.55M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities`	$9.02M	USD	3 Qtrs
Founders advisory fees - related party (cash settled)	`IncreaseDecreaseInDueToRelatedPartiesSettledInCash`	$-4.66M	USD	3 Qtrs
Founders advisory fees - related party (cash settled)	`IncreaseDecreaseInDueToRelatedPartiesSettledInCash`	$-53.55M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.80M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.21M	USD	3 Qtrs
Finance lease liabilities	`IncreaseDecreaseInFinanceLeaseLiability`	$-172.00K	USD	3 Qtrs
Finance lease liabilities	`IncreaseDecreaseInFinanceLeaseLiability`	-	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-299.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$69.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-43.18M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.23M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.63M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.02M	USD	3 Qtrs
Purchase price adjustment under Business Combination Agreement	`PaymentsForPreviousAcquisition`	-	USD	3 Qtrs
Purchase price adjustment under Business Combination Agreement	`PaymentsForPreviousAcquisition`	$1.64M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.63M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.66M	USD	3 Qtrs
Ordinary shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$37.25M	USD	3 Qtrs
Ordinary shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$7.57M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$529.00K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Principal payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$251.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.50M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.04M	USD	3 Qtrs
Effect of foreign currency on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.41M	USD	3 Qtrs
Effect of foreign currency on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-627.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.30M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.99M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.76M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.55M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.26M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.26M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$18.30M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$19.97M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$20.56M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$7.59M	USD	3 Qtrs
Liability portion of founders advisory fees - related party reclassified to additional paid in capital	`FoundersAdvisoryFeesPayableToRelatedParty`	-	USD	3 Qtrs
Liability portion of founders advisory fees - related party reclassified to additional paid in capital	`FoundersAdvisoryFeesPayableToRelatedParty`	$13.78M	USD	3 Qtrs

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesIssued`	163.23M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	165.07M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.18B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.18B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	6.44M	shares	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	12.28M	shares	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-3.07M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.75M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.20M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-845.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.96M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.43M	USD	1 Quarter
Ordinary shares issued related to founders advisory fees - related party	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	1 Quarter
Ordinary shares issued related to founders advisory fees - related party	`StockGrantedDuringPeriodValueSharebasedCompensation`	$13.78M	USD	1 Quarter
Ordinary share issued related to warrants exercised	`StockIssuedDuringPeriodValueWarrantsExercised`	$529.00K	USD	1 Quarter
Ordinary shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$2.56M	USD	1 Quarter
Ordinary shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$10.04M	USD	1 Quarter
Ordinary shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$26.35M	USD	1 Quarter
Ordinary shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$864.00K	USD	1 Quarter
Ordinary shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$5.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.73M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$106.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$152.12M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.59M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.37M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$126.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.67M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-18.18M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.21M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesIssued`	163.23M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	165.07M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.18B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.08B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.18B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	6.44M	shares	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	12.28M	shares	Point-in-time

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