What changed: r2 to r3
First completed pre/post-acquisition model with explicit preferred cash transition, compensation-linked seller payments and rebate collection timing.
Retrieval clocks and internal hashes are excluded. Changed source or accounting definitions are not automatically an economic restatement. The authored reason describes the destination revision.
| Field | Before | After |
|---|---|---|
| /business/description | We are a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers who construct, develop, and operate solar photovoltaic (“PV”) sites. With solutions engineered to withstand harsh weather conditions, Array’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to our customers for the entire lifecycle of a project. Our principal products are a portfolio of integrated solar tracking systems comprised of software and hardware that include, for example, component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers commonly referred to as a single-axis “tracker.” Trackers move solar panels throughout the day to maintain an optimal orientation to the sun, which significantly increases their energy production. Solar energy projects that use trackers typically generate more energy and deliver a. | Array supplies solar trackers, foundations, fixed-tilt systems, software and related equipment. Revenue depends on project delivery and customer construction schedules. APA is already consolidated, while AWM adds wire and cable management from its August 31 acquisition. Supplier rebates and manufacturing credits affect costs. Convertible debt, preferred dividends and acquisition-related payments create cash claims beyond operating profit. |
| /business/drivers/0 | We are a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers who construct. | Project delivery, backlog conversion and sales mix |
| /business/drivers/1 | With solutions engineered to withstand harsh weather conditions, Array’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation. | Supplier rebates, acquired products and adjusted-to-GAAP costs |
| /business/drivers/2 | Our principal products are a portfolio of integrated solar tracking systems comprised of software and hardware that include, for example, component parts such. | Customer collections, acquisition payments and preferred dividends |
| /estimates/basis | not yet estimated | Desk base scenario from the operating model; not consensus. Revenue basis: Revenue including modeled post-close AWM ($M). |
| /estimates/rows/2026Q3/as_of | None | 2026-09-19 |
| /estimates/rows/2026Q3/basis | None | Desk base scenario. Revenue basis: Revenue including modeled post-close AWM ($M). Calculated from the operating-model inputs below; not consensus or company guidance. |
| /estimates/rows/2026Q3/class | None | estimate |
| /estimates/rows/2026Q3/period | None | 2026Q3 |
| /estimates/rows/2026Q3/revenue | None | 325000000.0 |
| /estimates/rows/2026Q4/as_of | None | 2026-09-19 |
| /estimates/rows/2026Q4/basis | None | Desk base scenario. Revenue basis: Revenue including modeled post-close AWM ($M). Calculated from the operating-model inputs below; not consensus or company guidance. |
| /estimates/rows/2026Q4/class | None | estimate |
| /estimates/rows/2026Q4/period | None | 2026Q4 |
| /estimates/rows/2026Q4/revenue | None | 582523000.0 |
| /estimates/rows/2027Q1/as_of | None | 2026-09-19 |
| /estimates/rows/2027Q1/basis | None | Desk base scenario. Revenue basis: Revenue including modeled post-close AWM ($M). Calculated from the operating-model inputs below; not consensus or company guidance. |
| /estimates/rows/2027Q1/class | None | estimate |
| /estimates/rows/2027Q1/period | None | 2027Q1 |
| /estimates/rows/2027Q1/revenue | None | 358040000.0 |
| /estimates/rows/2027Q2/as_of | None | 2026-09-19 |
| /estimates/rows/2027Q2/basis | None | Desk base scenario. Revenue basis: Revenue including modeled post-close AWM ($M). Calculated from the operating-model inputs below; not consensus or company guidance. |
| /estimates/rows/2027Q2/class | None | estimate |
| /estimates/rows/2027Q2/period | None | 2027Q2 |
| /estimates/rows/2027Q2/revenue | None | 424000000.00000006 |
| /meta/as_of | 2026-09-18 | 2026-09-19 |
| /meta/business_authored | False | True |
| /meta/extract_accession | 0001820721-26-000008 | None |
| /meta/extract_filed | 2026-02-25 | None |
| /meta/extract_form | 10-K | None |
| /meta/extract_source | filing | authored |
| /meta/extract_url | https://www.sec.gov/Archives/edgar/data/1820721/000182072126000008/arry-20251231.htm | None |
| /meta/research_reviewed_at | None | 2026-09-19 |
| /meta/research_stage | None | operating_scenarios |
| /meta/revision | 2 | 3 |
| /meta/skeleton | True | False |
| /operating_model/cells/annual_guide:shared/basis | None | Calculated midpoint of the company range; not an additional company forecast. |
| /operating_model/cells/annual_guide:shared/case | None | shared |
| /operating_model/cells/annual_guide:shared/formula/op | None | divide |
| /operating_model/cells/annual_guide:shared/formula/refs/0 | None | annual_guide_sum |
| /operating_model/cells/annual_guide:shared/formula/refs/1 | None | two |
| /operating_model/cells/annual_guide:shared/id | None | annual_guide |
| /operating_model/cells/annual_guide:shared/kind | None | derived |
| /operating_model/cells/annual_guide:shared/label | None | 2026 revenue excluding AWM midpoint |
| /operating_model/cells/annual_guide:shared/period | None | FY2026 |
| /operating_model/cells/annual_guide:shared/unit | None | USD_millions |
| /operating_model/cells/annual_guide:shared/value | None | 1450.0 |
| /operating_model/cells/annual_guide_high:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/annual_guide_high:shared/case | None | shared |
| /operating_model/cells/annual_guide_high:shared/id | None | annual_guide_high |
| /operating_model/cells/annual_guide_high:shared/kind | None | management_guidance |
| /operating_model/cells/annual_guide_high:shared/label | None | 2026 revenue excluding AWM high |
| /operating_model/cells/annual_guide_high:shared/period | None | FY2026 |
| /operating_model/cells/annual_guide_high:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/annual_guide_high:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9922026q2earnings.htm |
| /operating_model/cells/annual_guide_high:shared/unit | None | USD_millions |
| /operating_model/cells/annual_guide_high:shared/value | None | 1500.0 |
| /operating_model/cells/annual_guide_low:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/annual_guide_low:shared/case | None | shared |
| /operating_model/cells/annual_guide_low:shared/id | None | annual_guide_low |
| /operating_model/cells/annual_guide_low:shared/kind | None | management_guidance |
| /operating_model/cells/annual_guide_low:shared/label | None | 2026 revenue excluding AWM low |
| /operating_model/cells/annual_guide_low:shared/period | None | FY2026 |
| /operating_model/cells/annual_guide_low:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/annual_guide_low:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9922026q2earnings.htm |
| /operating_model/cells/annual_guide_low:shared/unit | None | USD_millions |
| /operating_model/cells/annual_guide_low:shared/value | None | 1400.0 |
| /operating_model/cells/annual_guide_sum:shared/basis | None | Arithmetic intermediate. |
| /operating_model/cells/annual_guide_sum:shared/case | None | shared |
| /operating_model/cells/annual_guide_sum:shared/formula/op | None | sum |
| /operating_model/cells/annual_guide_sum:shared/formula/refs/0 | None | annual_guide_low |
| /operating_model/cells/annual_guide_sum:shared/formula/refs/1 | None | annual_guide_high |
| /operating_model/cells/annual_guide_sum:shared/id | None | annual_guide_sum |
| /operating_model/cells/annual_guide_sum:shared/kind | None | derived |
| /operating_model/cells/annual_guide_sum:shared/label | None | 2026 revenue excluding AWM endpoint sum |
| /operating_model/cells/annual_guide_sum:shared/period | None | FY2026 |
| /operating_model/cells/annual_guide_sum:shared/unit | None | USD_millions |
| /operating_model/cells/annual_guide_sum:shared/value | None | 2900.0 |
| /operating_model/cells/apa_service_total:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/apa_service_total:shared/case | None | shared |
| /operating_model/cells/apa_service_total:shared/id | None | apa_service_total |
| /operating_model/cells/apa_service_total:shared/kind | None | reported |
| /operating_model/cells/apa_service_total:shared/label | None | apa service total |
| /operating_model/cells/apa_service_total:shared/period | None | June-August 2026 |
| /operating_model/cells/apa_service_total:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/apa_service_total:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/apa_service_total:shared/unit | None | USD_millions |
| /operating_model/cells/apa_service_total:shared/value | None | 40.0 |
| /operating_model/cells/awm_cash:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/awm_cash:shared/case | None | shared |
| /operating_model/cells/awm_cash:shared/id | None | awm_cash |
| /operating_model/cells/awm_cash:shared/kind | None | reported |
| /operating_model/cells/awm_cash:shared/label | None | awm cash |
| /operating_model/cells/awm_cash:shared/period | None | June-August 2026 |
| /operating_model/cells/awm_cash:shared/source_date | None | 2026-08-31 |
| /operating_model/cells/awm_cash:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026059584/arry-20260831.htm |
| /operating_model/cells/awm_cash:shared/unit | None | USD_millions |
| /operating_model/cells/awm_cash:shared/value | None | 165.0 |
| /operating_model/cells/awm_earnout_max:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/awm_earnout_max:shared/case | None | shared |
| /operating_model/cells/awm_earnout_max:shared/id | None | awm_earnout_max |
| /operating_model/cells/awm_earnout_max:shared/kind | None | reported |
| /operating_model/cells/awm_earnout_max:shared/label | None | awm earnout max |
| /operating_model/cells/awm_earnout_max:shared/period | None | June-August 2026 |
| /operating_model/cells/awm_earnout_max:shared/source_date | None | 2026-07-16 |
| /operating_model/cells/awm_earnout_max:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000119312526306194/d97599dex991.htm |
| /operating_model/cells/awm_earnout_max:shared/unit | None | USD_millions |
| /operating_model/cells/awm_earnout_max:shared/value | None | 40.0 |
| /operating_model/cells/awm_service_max:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/awm_service_max:shared/case | None | shared |
| /operating_model/cells/awm_service_max:shared/id | None | awm_service_max |
| /operating_model/cells/awm_service_max:shared/kind | None | reported |
| /operating_model/cells/awm_service_max:shared/label | None | awm service max |
| /operating_model/cells/awm_service_max:shared/period | None | June-August 2026 |
| /operating_model/cells/awm_service_max:shared/source_date | None | 2026-07-16 |
| /operating_model/cells/awm_service_max:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000119312526306194/d97599dex991.htm |
| /operating_model/cells/awm_service_max:shared/unit | None | USD_millions |
| /operating_model/cells/awm_service_max:shared/value | None | 10.0 |
| /operating_model/cells/awm_ttm_revenue:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/awm_ttm_revenue:shared/case | None | shared |
| /operating_model/cells/awm_ttm_revenue:shared/id | None | awm_ttm_revenue |
| /operating_model/cells/awm_ttm_revenue:shared/kind | None | reported |
| /operating_model/cells/awm_ttm_revenue:shared/label | None | awm ttm revenue |
| /operating_model/cells/awm_ttm_revenue:shared/period | None | June-August 2026 |
| /operating_model/cells/awm_ttm_revenue:shared/source_date | None | 2026-07-16 |
| /operating_model/cells/awm_ttm_revenue:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000119312526306194/d97599dex991.htm |
| /operating_model/cells/awm_ttm_revenue:shared/unit | None | USD_millions |
| /operating_model/cells/awm_ttm_revenue:shared/value | None | 60.0 |
| /operating_model/cells/backlog:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/backlog:shared/case | None | shared |
| /operating_model/cells/backlog:shared/id | None | backlog |
| /operating_model/cells/backlog:shared/kind | None | reported |
| /operating_model/cells/backlog:shared/label | None | backlog |
| /operating_model/cells/backlog:shared/period | None | June-August 2026 |
| /operating_model/cells/backlog:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/backlog:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/backlog:shared/unit | None | USD_millions |
| /operating_model/cells/backlog:shared/value | None | 2500.0 |
| /operating_model/cells/base_2026q3_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2026q3_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_acquisition_cash:base/id | None | base_2026q3_acquisition_cash |
| /operating_model/cells/base_2026q3_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2026q3_acquisition_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_acquisition_cash:base/value | None | 165.0 |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/formula/refs/0 | None | base_2026q3_core_ebitda |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/formula/refs/1 | None | base_2026q3_awm_ebitda |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/id | None | base_2026q3_adjusted_ebitda |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_adjusted_ebitda:base/value | None | 48.25 |
| /operating_model/cells/base_2026q3_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2026q3_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_apa_service_cash:base/id | None | base_2026q3_apa_service_cash |
| /operating_model/cells/base_2026q3_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2026q3_apa_service_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_apa_service_cash:base/value | None | 20.0 |
| /operating_model/cells/base_2026q3_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2026q3_apa_service_expense:base/id | None | base_2026q3_apa_service_expense |
| /operating_model/cells/base_2026q3_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2026q3_apa_service_expense:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_apa_service_expense:base/value | None | 5.0 |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/id | None | base_2026q3_awm_eb_margin |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2026q3_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2026q3_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q3_awm_ebitda:base/formula/refs/0 | None | base_2026q3_awm_revenue |
| /operating_model/cells/base_2026q3_awm_ebitda:base/formula/refs/1 | None | base_2026q3_awm_eb_margin |
| /operating_model/cells/base_2026q3_awm_ebitda:base/id | None | base_2026q3_awm_ebitda |
| /operating_model/cells/base_2026q3_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q3_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2026q3_awm_ebitda:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_awm_ebitda:base/value | None | 1.85 |
| /operating_model/cells/base_2026q3_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_awm_gm:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_gm:base/id | None | base_2026q3_awm_gm |
| /operating_model/cells/base_2026q3_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2026q3_awm_gm:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2026q3_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2026q3_awm_gp:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q3_awm_gp:base/formula/refs/0 | None | base_2026q3_awm_revenue |
| /operating_model/cells/base_2026q3_awm_gp:base/formula/refs/1 | None | base_2026q3_awm_gm |
| /operating_model/cells/base_2026q3_awm_gp:base/id | None | base_2026q3_awm_gp |
| /operating_model/cells/base_2026q3_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q3_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2026q3_awm_gp:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_awm_gp:base/value | None | 2.6 |
| /operating_model/cells/base_2026q3_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2026q3_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_revenue:base/id | None | base_2026q3_awm_revenue |
| /operating_model/cells/base_2026q3_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2026q3_awm_revenue:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_awm_revenue:base/value | None | 5.0 |
| /operating_model/cells/base_2026q3_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2026q3_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_service_cash:base/id | None | base_2026q3_awm_service_cash |
| /operating_model/cells/base_2026q3_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2026q3_awm_service_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_awm_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2026q3_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2026q3_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2026q3_awm_service_expense:base/id | None | base_2026q3_awm_service_expense |
| /operating_model/cells/base_2026q3_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2026q3_awm_service_expense:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_awm_service_expense:base/value | None | 0.4166666666666667 |
| /operating_model/cells/base_2026q3_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2026q3_below_fcf:base/case | None | base |
| /operating_model/cells/base_2026q3_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_below_fcf:base/formula/refs/0 | None | base_2026q3_preferred_cash |
| /operating_model/cells/base_2026q3_below_fcf:base/formula/refs/1 | None | base_2026q3_acquisition_cash |
| /operating_model/cells/base_2026q3_below_fcf:base/formula/refs/2 | None | base_2026q3_contingent_cash |
| /operating_model/cells/base_2026q3_below_fcf:base/id | None | base_2026q3_below_fcf |
| /operating_model/cells/base_2026q3_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2026q3_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2026q3_below_fcf:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_below_fcf:base/value | None | 172.96875 |
| /operating_model/cells/base_2026q3_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_capex:base/case | None | base |
| /operating_model/cells/base_2026q3_capex:base/id | None | base_2026q3_capex |
| /operating_model/cells/base_2026q3_capex:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2026q3_capex:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_capex:base/value | None | 8.0 |
| /operating_model/cells/base_2026q3_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2026q3_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2026q3_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q3_cash_after_claims:base/formula/refs/0 | None | base_2026q3_fcf |
| /operating_model/cells/base_2026q3_cash_after_claims:base/formula/refs/1 | None | base_2026q3_below_fcf |
| /operating_model/cells/base_2026q3_cash_after_claims:base/id | None | base_2026q3_cash_after_claims |
| /operating_model/cells/base_2026q3_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2026q3_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2026q3_cash_after_claims:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cash_after_claims:base/value | None | -186.378125 |
| /operating_model/cells/base_2026q3_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2026q3_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/refs/0 | None | base_2026q3_operating_income |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/refs/1 | None | base_2026q3_sbc |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/refs/2 | None | base_2026q3_da |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/refs/3 | None | base_2026q3_retention_expense |
| /operating_model/cells/base_2026q3_cash_before_uses:base/formula/refs/4 | None | base_2026q3_investment_income |
| /operating_model/cells/base_2026q3_cash_before_uses:base/id | None | base_2026q3_cash_before_uses |
| /operating_model/cells/base_2026q3_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2026q3_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2026q3_cash_before_uses:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cash_before_uses:base/value | None | 46.949999999999996 |
| /operating_model/cells/base_2026q3_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2026q3_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2026q3_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q3_cash_before_wc:base/formula/refs/0 | None | base_2026q3_cash_before_uses |
| /operating_model/cells/base_2026q3_cash_before_wc:base/formula/refs/1 | None | base_2026q3_cash_uses |
| /operating_model/cells/base_2026q3_cash_before_wc:base/id | None | base_2026q3_cash_before_wc |
| /operating_model/cells/base_2026q3_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2026q3_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2026q3_cash_before_wc:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cash_before_wc:base/value | None | 14.590624999999996 |
| /operating_model/cells/base_2026q3_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_cash_tax:base/case | None | base |
| /operating_model/cells/base_2026q3_cash_tax:base/id | None | base_2026q3_cash_tax |
| /operating_model/cells/base_2026q3_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2026q3_cash_tax:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cash_tax:base/value | None | 7.0 |
| /operating_model/cells/base_2026q3_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2026q3_cash_uses:base/case | None | base |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/0 | None | base_2026q3_apa_service_cash |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/1 | None | base_2026q3_awm_service_cash |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/2 | None | base_2026q3_debt_coupon |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/3 | None | base_2026q3_other_interest |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/4 | None | base_2026q3_cash_tax |
| /operating_model/cells/base_2026q3_cash_uses:base/formula/refs/5 | None | base_2026q3_no_extra_special |
| /operating_model/cells/base_2026q3_cash_uses:base/id | None | base_2026q3_cash_uses |
| /operating_model/cells/base_2026q3_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2026q3_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2026q3_cash_uses:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cash_uses:base/value | None | 32.359375 |
| /operating_model/cells/base_2026q3_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2026q3_cfo:base/case | None | base |
| /operating_model/cells/base_2026q3_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_cfo:base/formula/refs/0 | None | base_2026q3_cash_before_wc |
| /operating_model/cells/base_2026q3_cfo:base/formula/refs/1 | None | base_2026q3_wc_source |
| /operating_model/cells/base_2026q3_cfo:base/id | None | base_2026q3_cfo |
| /operating_model/cells/base_2026q3_cfo:base/kind | None | derived |
| /operating_model/cells/base_2026q3_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2026q3_cfo:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cfo:base/value | None | -5.409375000000004 |
| /operating_model/cells/base_2026q3_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2026q3_cogs_amort:base/id | None | base_2026q3_cogs_amort |
| /operating_model/cells/base_2026q3_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2026q3_cogs_amort:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_cogs_amort:base/value | None | 6.0 |
| /operating_model/cells/base_2026q3_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2026q3_combined_gp:base/case | None | base |
| /operating_model/cells/base_2026q3_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_combined_gp:base/formula/refs/0 | None | base_2026q3_core_adjusted_gp |
| /operating_model/cells/base_2026q3_combined_gp:base/formula/refs/1 | None | base_2026q3_awm_gp |
| /operating_model/cells/base_2026q3_combined_gp:base/id | None | base_2026q3_combined_gp |
| /operating_model/cells/base_2026q3_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q3_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2026q3_combined_gp:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_combined_gp:base/value | None | 90.6 |
| /operating_model/cells/base_2026q3_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2026q3_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_contingent_cash:base/id | None | base_2026q3_contingent_cash |
| /operating_model/cells/base_2026q3_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2026q3_contingent_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_contingent_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/formula/refs/0 | None | base_2026q3_core_revenue |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/formula/refs/1 | None | base_2026q3_core_gp_margin |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/id | None | base_2026q3_core_adjusted_gp |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_core_adjusted_gp:base/value | None | 88.0 |
| /operating_model/cells/base_2026q3_core_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_core_eb_margin:base/case | None | base |
| /operating_model/cells/base_2026q3_core_eb_margin:base/id | None | base_2026q3_core_eb_margin |
| /operating_model/cells/base_2026q3_core_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_core_eb_margin:base/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/base_2026q3_core_eb_margin:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_core_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_core_eb_margin:base/value | None | 0.145 |
| /operating_model/cells/base_2026q3_core_ebitda:base/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/base_2026q3_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q3_core_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q3_core_ebitda:base/formula/refs/0 | None | base_2026q3_core_revenue |
| /operating_model/cells/base_2026q3_core_ebitda:base/formula/refs/1 | None | base_2026q3_core_eb_margin |
| /operating_model/cells/base_2026q3_core_ebitda:base/id | None | base_2026q3_core_ebitda |
| /operating_model/cells/base_2026q3_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q3_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2026q3_core_ebitda:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_core_ebitda:base/value | None | 46.4 |
| /operating_model/cells/base_2026q3_core_gp_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_core_gp_margin:base/case | None | base |
| /operating_model/cells/base_2026q3_core_gp_margin:base/id | None | base_2026q3_core_gp_margin |
| /operating_model/cells/base_2026q3_core_gp_margin:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_core_gp_margin:base/label | None | Adjusted gross margin |
| /operating_model/cells/base_2026q3_core_gp_margin:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_core_gp_margin:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_core_gp_margin:base/value | None | 0.275 |
| /operating_model/cells/base_2026q3_core_revenue:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_core_revenue:base/case | None | base |
| /operating_model/cells/base_2026q3_core_revenue:base/id | None | base_2026q3_core_revenue |
| /operating_model/cells/base_2026q3_core_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2026q3_core_revenue:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_core_revenue:base/value | None | 320.0 |
| /operating_model/cells/base_2026q3_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2026q3_da:base/case | None | base |
| /operating_model/cells/base_2026q3_da:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_da:base/formula/refs/0 | None | base_2026q3_cogs_amort |
| /operating_model/cells/base_2026q3_da:base/formula/refs/1 | None | base_2026q3_other_da |
| /operating_model/cells/base_2026q3_da:base/id | None | base_2026q3_da |
| /operating_model/cells/base_2026q3_da:base/kind | None | derived |
| /operating_model/cells/base_2026q3_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2026q3_da:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_da:base/value | None | 17.5 |
| /operating_model/cells/base_2026q3_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2026q3_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2026q3_debt_coupon:base/id | None | base_2026q3_debt_coupon |
| /operating_model/cells/base_2026q3_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2026q3_debt_coupon:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_debt_coupon:base/value | None | 4.9593750000000005 |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/formula/refs/0 | None | base_2026q3_retention_expense |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/formula/refs/1 | None | base_2026q3_special_cash |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/formula/refs/2 | None | base_2026q3_sbc |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/formula/refs/3 | None | base_2026q3_da |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/id | None | base_2026q3_ebitda_to_gaap |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_ebitda_to_gaap:base/value | None | 30.416666666666668 |
| /operating_model/cells/base_2026q3_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2026q3_fcf:base/case | None | base |
| /operating_model/cells/base_2026q3_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q3_fcf:base/formula/refs/0 | None | base_2026q3_cfo |
| /operating_model/cells/base_2026q3_fcf:base/formula/refs/1 | None | base_2026q3_capex |
| /operating_model/cells/base_2026q3_fcf:base/id | None | base_2026q3_fcf |
| /operating_model/cells/base_2026q3_fcf:base/kind | None | derived |
| /operating_model/cells/base_2026q3_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2026q3_fcf:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_fcf:base/value | None | -13.409375000000004 |
| /operating_model/cells/base_2026q3_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2026q3_gross_profit:base/case | None | base |
| /operating_model/cells/base_2026q3_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q3_gross_profit:base/formula/refs/0 | None | base_2026q3_combined_gp |
| /operating_model/cells/base_2026q3_gross_profit:base/formula/refs/1 | None | base_2026q3_cogs_amort |
| /operating_model/cells/base_2026q3_gross_profit:base/id | None | base_2026q3_gross_profit |
| /operating_model/cells/base_2026q3_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2026q3_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2026q3_gross_profit:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_gross_profit:base/value | None | 84.6 |
| /operating_model/cells/base_2026q3_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_investment_income:base/case | None | base |
| /operating_model/cells/base_2026q3_investment_income:base/id | None | base_2026q3_investment_income |
| /operating_model/cells/base_2026q3_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2026q3_investment_income:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2026q3_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2026q3_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2026q3_no_extra_special:base/id | None | base_2026q3_no_extra_special |
| /operating_model/cells/base_2026q3_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2026q3_no_extra_special:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2026q3_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2026q3_operating_income:base/case | None | base |
| /operating_model/cells/base_2026q3_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q3_operating_income:base/formula/refs/0 | None | base_2026q3_adjusted_ebitda |
| /operating_model/cells/base_2026q3_operating_income:base/formula/refs/1 | None | base_2026q3_ebitda_to_gaap |
| /operating_model/cells/base_2026q3_operating_income:base/id | None | base_2026q3_operating_income |
| /operating_model/cells/base_2026q3_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2026q3_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2026q3_operating_income:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_operating_income:base/value | None | 17.833333333333332 |
| /operating_model/cells/base_2026q3_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_other_da:base/case | None | base |
| /operating_model/cells/base_2026q3_other_da:base/id | None | base_2026q3_other_da |
| /operating_model/cells/base_2026q3_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2026q3_other_da:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_other_da:base/value | None | 11.5 |
| /operating_model/cells/base_2026q3_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_other_interest:base/case | None | base |
| /operating_model/cells/base_2026q3_other_interest:base/id | None | base_2026q3_other_interest |
| /operating_model/cells/base_2026q3_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2026q3_other_interest:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2026q3_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2026q3_preferred_base:base/case | None | base |
| /operating_model/cells/base_2026q3_preferred_base:base/id | None | base_2026q3_preferred_base |
| /operating_model/cells/base_2026q3_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2026q3_preferred_base:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2026q3_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2026q3_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q3_preferred_cash:base/formula/refs/0 | None | base_2026q3_preferred_base |
| /operating_model/cells/base_2026q3_preferred_cash:base/formula/refs/1 | None | base_2026q3_preferred_rate |
| /operating_model/cells/base_2026q3_preferred_cash:base/formula/refs/2 | None | base_2026q3_quarter |
| /operating_model/cells/base_2026q3_preferred_cash:base/id | None | base_2026q3_preferred_cash |
| /operating_model/cells/base_2026q3_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2026q3_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2026q3_preferred_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_preferred_cash:base/value | None | 7.96875 |
| /operating_model/cells/base_2026q3_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2026q3_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2026q3_preferred_rate:base/id | None | base_2026q3_preferred_rate |
| /operating_model/cells/base_2026q3_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2026q3_preferred_rate:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_preferred_rate:base/value | None | 0.0625 |
| /operating_model/cells/base_2026q3_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_quarter:base/case | None | base |
| /operating_model/cells/base_2026q3_quarter:base/id | None | base_2026q3_quarter |
| /operating_model/cells/base_2026q3_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2026q3_quarter:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2026q3_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2026q3_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2026q3_retention_expense:base/case | None | base |
| /operating_model/cells/base_2026q3_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_retention_expense:base/formula/refs/0 | None | base_2026q3_apa_service_expense |
| /operating_model/cells/base_2026q3_retention_expense:base/formula/refs/1 | None | base_2026q3_awm_service_expense |
| /operating_model/cells/base_2026q3_retention_expense:base/id | None | base_2026q3_retention_expense |
| /operating_model/cells/base_2026q3_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2026q3_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2026q3_retention_expense:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_retention_expense:base/value | None | 5.416666666666667 |
| /operating_model/cells/base_2026q3_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2026q3_revenue:base/case | None | base |
| /operating_model/cells/base_2026q3_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2026q3_revenue:base/formula/refs/0 | None | base_2026q3_core_revenue |
| /operating_model/cells/base_2026q3_revenue:base/formula/refs/1 | None | base_2026q3_awm_revenue |
| /operating_model/cells/base_2026q3_revenue:base/id | None | base_2026q3_revenue |
| /operating_model/cells/base_2026q3_revenue:base/kind | None | derived |
| /operating_model/cells/base_2026q3_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2026q3_revenue:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_revenue:base/value | None | 325.0 |
| /operating_model/cells/base_2026q3_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_sbc:base/case | None | base |
| /operating_model/cells/base_2026q3_sbc:base/id | None | base_2026q3_sbc |
| /operating_model/cells/base_2026q3_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2026q3_sbc:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_sbc:base/value | None | 5.0 |
| /operating_model/cells/base_2026q3_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q3_special_cash:base/case | None | base |
| /operating_model/cells/base_2026q3_special_cash:base/id | None | base_2026q3_special_cash |
| /operating_model/cells/base_2026q3_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2026q3_special_cash:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_special_cash:base/value | None | 2.5 |
| /operating_model/cells/base_2026q3_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2026q3_wc_source:base/case | None | base |
| /operating_model/cells/base_2026q3_wc_source:base/id | None | base_2026q3_wc_source |
| /operating_model/cells/base_2026q3_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2026q3_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2026q3_wc_source:base/period | None | 2026Q3 |
| /operating_model/cells/base_2026q3_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q3_wc_source:base/value | None | -20.0 |
| /operating_model/cells/base_2026q4_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2026q4_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_acquisition_cash:base/id | None | base_2026q4_acquisition_cash |
| /operating_model/cells/base_2026q4_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2026q4_acquisition_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/formula/refs/0 | None | base_2026q4_core_ebitda |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/formula/refs/1 | None | base_2026q4_awm_ebitda |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/id | None | base_2026q4_adjusted_ebitda |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_adjusted_ebitda:base/value | None | 88.173 |
| /operating_model/cells/base_2026q4_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2026q4_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_apa_service_cash:base/id | None | base_2026q4_apa_service_cash |
| /operating_model/cells/base_2026q4_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2026q4_apa_service_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_apa_service_cash:base/value | None | 13.808219178082192 |
| /operating_model/cells/base_2026q4_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2026q4_apa_service_expense:base/id | None | base_2026q4_apa_service_expense |
| /operating_model/cells/base_2026q4_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2026q4_apa_service_expense:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_apa_service_expense:base/value | None | 5.0 |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/id | None | base_2026q4_awm_eb_margin |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2026q4_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2026q4_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2026q4_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q4_awm_ebitda:base/formula/refs/0 | None | base_2026q4_awm_revenue |
| /operating_model/cells/base_2026q4_awm_ebitda:base/formula/refs/1 | None | base_2026q4_awm_eb_margin |
| /operating_model/cells/base_2026q4_awm_ebitda:base/id | None | base_2026q4_awm_ebitda |
| /operating_model/cells/base_2026q4_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q4_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2026q4_awm_ebitda:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_awm_ebitda:base/value | None | 6.66 |
| /operating_model/cells/base_2026q4_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_awm_gm:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_gm:base/id | None | base_2026q4_awm_gm |
| /operating_model/cells/base_2026q4_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2026q4_awm_gm:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2026q4_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2026q4_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2026q4_awm_gp:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q4_awm_gp:base/formula/refs/0 | None | base_2026q4_awm_revenue |
| /operating_model/cells/base_2026q4_awm_gp:base/formula/refs/1 | None | base_2026q4_awm_gm |
| /operating_model/cells/base_2026q4_awm_gp:base/id | None | base_2026q4_awm_gp |
| /operating_model/cells/base_2026q4_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q4_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2026q4_awm_gp:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_awm_gp:base/value | None | 9.36 |
| /operating_model/cells/base_2026q4_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2026q4_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_revenue:base/id | None | base_2026q4_awm_revenue |
| /operating_model/cells/base_2026q4_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2026q4_awm_revenue:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_awm_revenue:base/value | None | 18.0 |
| /operating_model/cells/base_2026q4_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2026q4_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_service_cash:base/id | None | base_2026q4_awm_service_cash |
| /operating_model/cells/base_2026q4_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2026q4_awm_service_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_awm_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2026q4_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2026q4_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2026q4_awm_service_expense:base/id | None | base_2026q4_awm_service_expense |
| /operating_model/cells/base_2026q4_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2026q4_awm_service_expense:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_awm_service_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2026q4_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2026q4_below_fcf:base/case | None | base |
| /operating_model/cells/base_2026q4_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_below_fcf:base/formula/refs/0 | None | base_2026q4_preferred_cash |
| /operating_model/cells/base_2026q4_below_fcf:base/formula/refs/1 | None | base_2026q4_acquisition_cash |
| /operating_model/cells/base_2026q4_below_fcf:base/formula/refs/2 | None | base_2026q4_contingent_cash |
| /operating_model/cells/base_2026q4_below_fcf:base/id | None | base_2026q4_below_fcf |
| /operating_model/cells/base_2026q4_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2026q4_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2026q4_below_fcf:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_below_fcf:base/value | None | 15.96875 |
| /operating_model/cells/base_2026q4_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_capex:base/case | None | base |
| /operating_model/cells/base_2026q4_capex:base/id | None | base_2026q4_capex |
| /operating_model/cells/base_2026q4_capex:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2026q4_capex:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_capex:base/value | None | 8.0 |
| /operating_model/cells/base_2026q4_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2026q4_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2026q4_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_cash_after_claims:base/formula/refs/0 | None | base_2026q4_fcf |
| /operating_model/cells/base_2026q4_cash_after_claims:base/formula/refs/1 | None | base_2026q4_below_fcf |
| /operating_model/cells/base_2026q4_cash_after_claims:base/id | None | base_2026q4_cash_after_claims |
| /operating_model/cells/base_2026q4_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2026q4_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2026q4_cash_after_claims:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cash_after_claims:base/value | None | -38.928969178082184 |
| /operating_model/cells/base_2026q4_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2026q4_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/refs/0 | None | base_2026q4_operating_income |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/refs/1 | None | base_2026q4_sbc |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/refs/2 | None | base_2026q4_da |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/refs/3 | None | base_2026q4_retention_expense |
| /operating_model/cells/base_2026q4_cash_before_uses:base/formula/refs/4 | None | base_2026q4_investment_income |
| /operating_model/cells/base_2026q4_cash_before_uses:base/id | None | base_2026q4_cash_before_uses |
| /operating_model/cells/base_2026q4_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2026q4_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2026q4_cash_before_uses:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cash_before_uses:base/value | None | 86.873 |
| /operating_model/cells/base_2026q4_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2026q4_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2026q4_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_cash_before_wc:base/formula/refs/0 | None | base_2026q4_cash_before_uses |
| /operating_model/cells/base_2026q4_cash_before_wc:base/formula/refs/1 | None | base_2026q4_cash_uses |
| /operating_model/cells/base_2026q4_cash_before_wc:base/id | None | base_2026q4_cash_before_wc |
| /operating_model/cells/base_2026q4_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2026q4_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2026q4_cash_before_wc:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cash_before_wc:base/value | None | 55.039780821917816 |
| /operating_model/cells/base_2026q4_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_cash_tax:base/case | None | base |
| /operating_model/cells/base_2026q4_cash_tax:base/id | None | base_2026q4_cash_tax |
| /operating_model/cells/base_2026q4_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2026q4_cash_tax:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cash_tax:base/value | None | 16.0 |
| /operating_model/cells/base_2026q4_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2026q4_cash_uses:base/case | None | base |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/0 | None | base_2026q4_apa_service_cash |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/1 | None | base_2026q4_awm_service_cash |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/2 | None | base_2026q4_debt_coupon |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/3 | None | base_2026q4_other_interest |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/4 | None | base_2026q4_cash_tax |
| /operating_model/cells/base_2026q4_cash_uses:base/formula/refs/5 | None | base_2026q4_no_extra_special |
| /operating_model/cells/base_2026q4_cash_uses:base/id | None | base_2026q4_cash_uses |
| /operating_model/cells/base_2026q4_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2026q4_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2026q4_cash_uses:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cash_uses:base/value | None | 31.833219178082192 |
| /operating_model/cells/base_2026q4_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2026q4_cfo:base/case | None | base |
| /operating_model/cells/base_2026q4_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_cfo:base/formula/refs/0 | None | base_2026q4_cash_before_wc |
| /operating_model/cells/base_2026q4_cfo:base/formula/refs/1 | None | base_2026q4_wc_source |
| /operating_model/cells/base_2026q4_cfo:base/id | None | base_2026q4_cfo |
| /operating_model/cells/base_2026q4_cfo:base/kind | None | derived |
| /operating_model/cells/base_2026q4_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2026q4_cfo:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cfo:base/value | None | -14.960219178082184 |
| /operating_model/cells/base_2026q4_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2026q4_cogs_amort:base/id | None | base_2026q4_cogs_amort |
| /operating_model/cells/base_2026q4_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2026q4_cogs_amort:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_cogs_amort:base/value | None | 6.7 |
| /operating_model/cells/base_2026q4_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2026q4_combined_gp:base/case | None | base |
| /operating_model/cells/base_2026q4_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_combined_gp:base/formula/refs/0 | None | base_2026q4_core_adjusted_gp |
| /operating_model/cells/base_2026q4_combined_gp:base/formula/refs/1 | None | base_2026q4_awm_gp |
| /operating_model/cells/base_2026q4_combined_gp:base/id | None | base_2026q4_combined_gp |
| /operating_model/cells/base_2026q4_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q4_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2026q4_combined_gp:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_combined_gp:base/value | None | 146.19300000000004 |
| /operating_model/cells/base_2026q4_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2026q4_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_contingent_cash:base/id | None | base_2026q4_contingent_cash |
| /operating_model/cells/base_2026q4_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2026q4_contingent_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_contingent_cash:base/value | None | 8.0 |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/basis | None | Annual margin requirement drives the Q4 residual. |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/formula/refs/0 | None | base_gp_target |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/formula/refs/1 | None | base_2026q4_gp_through_q3 |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/id | None | base_2026q4_core_adjusted_gp |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_core_adjusted_gp:base/value | None | 136.83300000000003 |
| /operating_model/cells/base_2026q4_core_ebitda:base/basis | None | Q4 residual to annual EBITDA scenario. |
| /operating_model/cells/base_2026q4_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2026q4_core_ebitda:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_core_ebitda:base/formula/refs/0 | None | base_eb_target |
| /operating_model/cells/base_2026q4_core_ebitda:base/formula/refs/1 | None | base_2026q4_eb_through_q3 |
| /operating_model/cells/base_2026q4_core_ebitda:base/id | None | base_2026q4_core_ebitda |
| /operating_model/cells/base_2026q4_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2026q4_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2026q4_core_ebitda:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_core_ebitda:base/value | None | 81.513 |
| /operating_model/cells/base_2026q4_core_revenue:base/basis | None | Q4 delivery requirement to meet annual scenario. |
| /operating_model/cells/base_2026q4_core_revenue:base/case | None | base |
| /operating_model/cells/base_2026q4_core_revenue:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_core_revenue:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_2026q4_core_revenue:base/formula/refs/1 | None | base_2026q4_through_q3 |
| /operating_model/cells/base_2026q4_core_revenue:base/id | None | base_2026q4_core_revenue |
| /operating_model/cells/base_2026q4_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_2026q4_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2026q4_core_revenue:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_core_revenue:base/value | None | 564.523 |
| /operating_model/cells/base_2026q4_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2026q4_da:base/case | None | base |
| /operating_model/cells/base_2026q4_da:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_da:base/formula/refs/0 | None | base_2026q4_cogs_amort |
| /operating_model/cells/base_2026q4_da:base/formula/refs/1 | None | base_2026q4_other_da |
| /operating_model/cells/base_2026q4_da:base/id | None | base_2026q4_da |
| /operating_model/cells/base_2026q4_da:base/kind | None | derived |
| /operating_model/cells/base_2026q4_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2026q4_da:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_da:base/value | None | 18.2 |
| /operating_model/cells/base_2026q4_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2026q4_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2026q4_debt_coupon:base/id | None | base_2026q4_debt_coupon |
| /operating_model/cells/base_2026q4_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2026q4_debt_coupon:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_debt_coupon:base/value | None | 1.625 |
| /operating_model/cells/base_2026q4_eb_through_q3:base/basis | None | Actual H1 plus modeled Q3. |
| /operating_model/cells/base_2026q4_eb_through_q3:base/case | None | base |
| /operating_model/cells/base_2026q4_eb_through_q3:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_eb_through_q3:base/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/base_2026q4_eb_through_q3:base/formula/refs/1 | None | base_2026q3_core_ebitda |
| /operating_model/cells/base_2026q4_eb_through_q3:base/id | None | base_2026q4_eb_through_q3 |
| /operating_model/cells/base_2026q4_eb_through_q3:base/kind | None | derived |
| /operating_model/cells/base_2026q4_eb_through_q3:base/label | None | H1 plus Q3 pre-AWM EBITDA |
| /operating_model/cells/base_2026q4_eb_through_q3:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_eb_through_q3:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_eb_through_q3:base/value | None | 138.487 |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/formula/refs/0 | None | base_2026q4_retention_expense |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/formula/refs/1 | None | base_2026q4_special_cash |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/formula/refs/2 | None | base_2026q4_sbc |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/formula/refs/3 | None | base_2026q4_da |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/id | None | base_2026q4_ebitda_to_gaap |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_ebitda_to_gaap:base/value | None | 32.25 |
| /operating_model/cells/base_2026q4_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2026q4_fcf:base/case | None | base |
| /operating_model/cells/base_2026q4_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_fcf:base/formula/refs/0 | None | base_2026q4_cfo |
| /operating_model/cells/base_2026q4_fcf:base/formula/refs/1 | None | base_2026q4_capex |
| /operating_model/cells/base_2026q4_fcf:base/id | None | base_2026q4_fcf |
| /operating_model/cells/base_2026q4_fcf:base/kind | None | derived |
| /operating_model/cells/base_2026q4_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2026q4_fcf:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_fcf:base/value | None | -22.960219178082184 |
| /operating_model/cells/base_2026q4_gp_through_q3:base/basis | None | Actual H1 plus Q3. |
| /operating_model/cells/base_2026q4_gp_through_q3:base/case | None | base |
| /operating_model/cells/base_2026q4_gp_through_q3:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_gp_through_q3:base/formula/refs/0 | None | h1_adjusted_gp |
| /operating_model/cells/base_2026q4_gp_through_q3:base/formula/refs/1 | None | base_2026q3_core_adjusted_gp |
| /operating_model/cells/base_2026q4_gp_through_q3:base/id | None | base_2026q4_gp_through_q3 |
| /operating_model/cells/base_2026q4_gp_through_q3:base/kind | None | derived |
| /operating_model/cells/base_2026q4_gp_through_q3:base/label | None | H1 plus Q3 pre-AWM adjusted GP |
| /operating_model/cells/base_2026q4_gp_through_q3:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_gp_through_q3:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_gp_through_q3:base/value | None | 261.91700000000003 |
| /operating_model/cells/base_2026q4_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2026q4_gross_profit:base/case | None | base |
| /operating_model/cells/base_2026q4_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_gross_profit:base/formula/refs/0 | None | base_2026q4_combined_gp |
| /operating_model/cells/base_2026q4_gross_profit:base/formula/refs/1 | None | base_2026q4_cogs_amort |
| /operating_model/cells/base_2026q4_gross_profit:base/id | None | base_2026q4_gross_profit |
| /operating_model/cells/base_2026q4_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2026q4_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2026q4_gross_profit:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_gross_profit:base/value | None | 139.49300000000005 |
| /operating_model/cells/base_2026q4_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_investment_income:base/case | None | base |
| /operating_model/cells/base_2026q4_investment_income:base/id | None | base_2026q4_investment_income |
| /operating_model/cells/base_2026q4_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2026q4_investment_income:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2026q4_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2026q4_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2026q4_no_extra_special:base/id | None | base_2026q4_no_extra_special |
| /operating_model/cells/base_2026q4_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2026q4_no_extra_special:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2026q4_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2026q4_operating_income:base/case | None | base |
| /operating_model/cells/base_2026q4_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2026q4_operating_income:base/formula/refs/0 | None | base_2026q4_adjusted_ebitda |
| /operating_model/cells/base_2026q4_operating_income:base/formula/refs/1 | None | base_2026q4_ebitda_to_gaap |
| /operating_model/cells/base_2026q4_operating_income:base/id | None | base_2026q4_operating_income |
| /operating_model/cells/base_2026q4_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2026q4_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2026q4_operating_income:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_operating_income:base/value | None | 55.923 |
| /operating_model/cells/base_2026q4_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_other_da:base/case | None | base |
| /operating_model/cells/base_2026q4_other_da:base/id | None | base_2026q4_other_da |
| /operating_model/cells/base_2026q4_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2026q4_other_da:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_other_da:base/value | None | 11.5 |
| /operating_model/cells/base_2026q4_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_other_interest:base/case | None | base |
| /operating_model/cells/base_2026q4_other_interest:base/id | None | base_2026q4_other_interest |
| /operating_model/cells/base_2026q4_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2026q4_other_interest:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2026q4_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2026q4_preferred_base:base/case | None | base |
| /operating_model/cells/base_2026q4_preferred_base:base/id | None | base_2026q4_preferred_base |
| /operating_model/cells/base_2026q4_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2026q4_preferred_base:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2026q4_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2026q4_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2026q4_preferred_cash:base/formula/refs/0 | None | base_2026q4_preferred_base |
| /operating_model/cells/base_2026q4_preferred_cash:base/formula/refs/1 | None | base_2026q4_preferred_rate |
| /operating_model/cells/base_2026q4_preferred_cash:base/formula/refs/2 | None | base_2026q4_quarter |
| /operating_model/cells/base_2026q4_preferred_cash:base/id | None | base_2026q4_preferred_cash |
| /operating_model/cells/base_2026q4_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2026q4_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2026q4_preferred_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_preferred_cash:base/value | None | 7.96875 |
| /operating_model/cells/base_2026q4_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2026q4_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2026q4_preferred_rate:base/id | None | base_2026q4_preferred_rate |
| /operating_model/cells/base_2026q4_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2026q4_preferred_rate:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2026q4_preferred_rate:base/value | None | 0.0625 |
| /operating_model/cells/base_2026q4_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_quarter:base/case | None | base |
| /operating_model/cells/base_2026q4_quarter:base/id | None | base_2026q4_quarter |
| /operating_model/cells/base_2026q4_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2026q4_quarter:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2026q4_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2026q4_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2026q4_retention_expense:base/case | None | base |
| /operating_model/cells/base_2026q4_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_retention_expense:base/formula/refs/0 | None | base_2026q4_apa_service_expense |
| /operating_model/cells/base_2026q4_retention_expense:base/formula/refs/1 | None | base_2026q4_awm_service_expense |
| /operating_model/cells/base_2026q4_retention_expense:base/id | None | base_2026q4_retention_expense |
| /operating_model/cells/base_2026q4_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2026q4_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2026q4_retention_expense:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_retention_expense:base/value | None | 6.25 |
| /operating_model/cells/base_2026q4_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2026q4_revenue:base/case | None | base |
| /operating_model/cells/base_2026q4_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_revenue:base/formula/refs/0 | None | base_2026q4_core_revenue |
| /operating_model/cells/base_2026q4_revenue:base/formula/refs/1 | None | base_2026q4_awm_revenue |
| /operating_model/cells/base_2026q4_revenue:base/id | None | base_2026q4_revenue |
| /operating_model/cells/base_2026q4_revenue:base/kind | None | derived |
| /operating_model/cells/base_2026q4_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2026q4_revenue:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_revenue:base/value | None | 582.523 |
| /operating_model/cells/base_2026q4_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_sbc:base/case | None | base |
| /operating_model/cells/base_2026q4_sbc:base/id | None | base_2026q4_sbc |
| /operating_model/cells/base_2026q4_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2026q4_sbc:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_sbc:base/value | None | 5.3 |
| /operating_model/cells/base_2026q4_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2026q4_special_cash:base/case | None | base |
| /operating_model/cells/base_2026q4_special_cash:base/id | None | base_2026q4_special_cash |
| /operating_model/cells/base_2026q4_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2026q4_special_cash:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_special_cash:base/value | None | 2.5 |
| /operating_model/cells/base_2026q4_through_q3:base/basis | None | Preserves actual H1. |
| /operating_model/cells/base_2026q4_through_q3:base/case | None | base |
| /operating_model/cells/base_2026q4_through_q3:base/formula/op | None | sum |
| /operating_model/cells/base_2026q4_through_q3:base/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/base_2026q4_through_q3:base/formula/refs/1 | None | base_2026q3_core_revenue |
| /operating_model/cells/base_2026q4_through_q3:base/id | None | base_2026q4_through_q3 |
| /operating_model/cells/base_2026q4_through_q3:base/kind | None | derived |
| /operating_model/cells/base_2026q4_through_q3:base/label | None | H1 plus Q3 pre-AWM revenue |
| /operating_model/cells/base_2026q4_through_q3:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_through_q3:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_through_q3:base/value | None | 885.477 |
| /operating_model/cells/base_2026q4_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2026q4_wc_source:base/case | None | base |
| /operating_model/cells/base_2026q4_wc_source:base/id | None | base_2026q4_wc_source |
| /operating_model/cells/base_2026q4_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2026q4_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2026q4_wc_source:base/period | None | 2026Q4 |
| /operating_model/cells/base_2026q4_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2026q4_wc_source:base/value | None | -70.0 |
| /operating_model/cells/base_2027q1_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2027q1_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_acquisition_cash:base/id | None | base_2027q1_acquisition_cash |
| /operating_model/cells/base_2027q1_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2027q1_acquisition_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/formula/refs/0 | None | base_2027q1_core_ebitda |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/formula/refs/1 | None | base_2027q1_awm_ebitda |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/id | None | base_2027q1_adjusted_ebitda |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_adjusted_ebitda:base/value | None | 60.8564 |
| /operating_model/cells/base_2027q1_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2027q1_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_apa_service_cash:base/id | None | base_2027q1_apa_service_cash |
| /operating_model/cells/base_2027q1_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2027q1_apa_service_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_apa_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q1_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q1_apa_service_expense:base/id | None | base_2027q1_apa_service_expense |
| /operating_model/cells/base_2027q1_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2027q1_apa_service_expense:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_apa_service_expense:base/value | None | 5.0 |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/id | None | base_2027q1_awm_eb_margin |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2027q1_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2027q1_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_awm_ebitda:base/formula/refs/0 | None | base_2027q1_awm_revenue |
| /operating_model/cells/base_2027q1_awm_ebitda:base/formula/refs/1 | None | base_2027q1_awm_eb_margin |
| /operating_model/cells/base_2027q1_awm_ebitda:base/id | None | base_2027q1_awm_ebitda |
| /operating_model/cells/base_2027q1_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q1_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2027q1_awm_ebitda:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_awm_ebitda:base/value | None | 6.29 |
| /operating_model/cells/base_2027q1_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_awm_gm:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_gm:base/id | None | base_2027q1_awm_gm |
| /operating_model/cells/base_2027q1_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2027q1_awm_gm:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2027q1_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2027q1_awm_gp:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_awm_gp:base/formula/refs/0 | None | base_2027q1_awm_revenue |
| /operating_model/cells/base_2027q1_awm_gp:base/formula/refs/1 | None | base_2027q1_awm_gm |
| /operating_model/cells/base_2027q1_awm_gp:base/id | None | base_2027q1_awm_gp |
| /operating_model/cells/base_2027q1_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q1_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2027q1_awm_gp:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_awm_gp:base/value | None | 8.84 |
| /operating_model/cells/base_2027q1_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2027q1_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_revenue:base/id | None | base_2027q1_awm_revenue |
| /operating_model/cells/base_2027q1_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2027q1_awm_revenue:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_awm_revenue:base/value | None | 17.0 |
| /operating_model/cells/base_2027q1_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2027q1_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_service_cash:base/id | None | base_2027q1_awm_service_cash |
| /operating_model/cells/base_2027q1_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2027q1_awm_service_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_awm_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q1_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2027q1_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q1_awm_service_expense:base/id | None | base_2027q1_awm_service_expense |
| /operating_model/cells/base_2027q1_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2027q1_awm_service_expense:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_awm_service_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2027q1_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2027q1_below_fcf:base/case | None | base |
| /operating_model/cells/base_2027q1_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_below_fcf:base/formula/refs/0 | None | base_2027q1_preferred_cash |
| /operating_model/cells/base_2027q1_below_fcf:base/formula/refs/1 | None | base_2027q1_acquisition_cash |
| /operating_model/cells/base_2027q1_below_fcf:base/formula/refs/2 | None | base_2027q1_contingent_cash |
| /operating_model/cells/base_2027q1_below_fcf:base/id | None | base_2027q1_below_fcf |
| /operating_model/cells/base_2027q1_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q1_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2027q1_below_fcf:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_below_fcf:base/value | None | 11.96875 |
| /operating_model/cells/base_2027q1_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_capex:base/case | None | base |
| /operating_model/cells/base_2027q1_capex:base/id | None | base_2027q1_capex |
| /operating_model/cells/base_2027q1_capex:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2027q1_capex:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_capex:base/value | None | 9.0 |
| /operating_model/cells/base_2027q1_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2027q1_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2027q1_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q1_cash_after_claims:base/formula/refs/0 | None | base_2027q1_fcf |
| /operating_model/cells/base_2027q1_cash_after_claims:base/formula/refs/1 | None | base_2027q1_below_fcf |
| /operating_model/cells/base_2027q1_cash_after_claims:base/id | None | base_2027q1_cash_after_claims |
| /operating_model/cells/base_2027q1_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2027q1_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2027q1_cash_after_claims:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cash_after_claims:base/value | None | 89.72827500000001 |
| /operating_model/cells/base_2027q1_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2027q1_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/refs/0 | None | base_2027q1_operating_income |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/refs/1 | None | base_2027q1_sbc |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/refs/2 | None | base_2027q1_da |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/refs/3 | None | base_2027q1_retention_expense |
| /operating_model/cells/base_2027q1_cash_before_uses:base/formula/refs/4 | None | base_2027q1_investment_income |
| /operating_model/cells/base_2027q1_cash_before_uses:base/id | None | base_2027q1_cash_before_uses |
| /operating_model/cells/base_2027q1_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q1_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2027q1_cash_before_uses:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cash_before_uses:base/value | None | 61.05640000000001 |
| /operating_model/cells/base_2027q1_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2027q1_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2027q1_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q1_cash_before_wc:base/formula/refs/0 | None | base_2027q1_cash_before_uses |
| /operating_model/cells/base_2027q1_cash_before_wc:base/formula/refs/1 | None | base_2027q1_cash_uses |
| /operating_model/cells/base_2027q1_cash_before_wc:base/id | None | base_2027q1_cash_before_wc |
| /operating_model/cells/base_2027q1_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2027q1_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2027q1_cash_before_wc:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cash_before_wc:base/value | None | 45.69702500000001 |
| /operating_model/cells/base_2027q1_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_cash_tax:base/case | None | base |
| /operating_model/cells/base_2027q1_cash_tax:base/id | None | base_2027q1_cash_tax |
| /operating_model/cells/base_2027q1_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2027q1_cash_tax:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cash_tax:base/value | None | 10.0 |
| /operating_model/cells/base_2027q1_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2027q1_cash_uses:base/case | None | base |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/0 | None | base_2027q1_apa_service_cash |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/1 | None | base_2027q1_awm_service_cash |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/2 | None | base_2027q1_debt_coupon |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/3 | None | base_2027q1_other_interest |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/4 | None | base_2027q1_cash_tax |
| /operating_model/cells/base_2027q1_cash_uses:base/formula/refs/5 | None | base_2027q1_no_extra_special |
| /operating_model/cells/base_2027q1_cash_uses:base/id | None | base_2027q1_cash_uses |
| /operating_model/cells/base_2027q1_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q1_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2027q1_cash_uses:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cash_uses:base/value | None | 15.359375 |
| /operating_model/cells/base_2027q1_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2027q1_cfo:base/case | None | base |
| /operating_model/cells/base_2027q1_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_cfo:base/formula/refs/0 | None | base_2027q1_cash_before_wc |
| /operating_model/cells/base_2027q1_cfo:base/formula/refs/1 | None | base_2027q1_wc_source |
| /operating_model/cells/base_2027q1_cfo:base/id | None | base_2027q1_cfo |
| /operating_model/cells/base_2027q1_cfo:base/kind | None | derived |
| /operating_model/cells/base_2027q1_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2027q1_cfo:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cfo:base/value | None | 110.69702500000001 |
| /operating_model/cells/base_2027q1_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2027q1_cogs_amort:base/id | None | base_2027q1_cogs_amort |
| /operating_model/cells/base_2027q1_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2027q1_cogs_amort:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_cogs_amort:base/value | None | 6.7 |
| /operating_model/cells/base_2027q1_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2027q1_combined_gp:base/case | None | base |
| /operating_model/cells/base_2027q1_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_combined_gp:base/formula/refs/0 | None | base_2027q1_core_adjusted_gp |
| /operating_model/cells/base_2027q1_combined_gp:base/formula/refs/1 | None | base_2027q1_awm_gp |
| /operating_model/cells/base_2027q1_combined_gp:base/id | None | base_2027q1_combined_gp |
| /operating_model/cells/base_2027q1_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q1_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2027q1_combined_gp:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_combined_gp:base/value | None | 102.62600000000002 |
| /operating_model/cells/base_2027q1_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2027q1_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_contingent_cash:base/id | None | base_2027q1_contingent_cash |
| /operating_model/cells/base_2027q1_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2027q1_contingent_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_contingent_cash:base/value | None | 4.0 |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/formula/refs/0 | None | base_2027q1_core_revenue |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/formula/refs/1 | None | base_2027q1_core_gp_margin |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/id | None | base_2027q1_core_adjusted_gp |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_core_adjusted_gp:base/value | None | 93.78600000000002 |
| /operating_model/cells/base_2027q1_core_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_core_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q1_core_eb_margin:base/id | None | base_2027q1_core_eb_margin |
| /operating_model/cells/base_2027q1_core_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_core_eb_margin:base/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/base_2027q1_core_eb_margin:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_core_eb_margin:base/value | None | 0.16 |
| /operating_model/cells/base_2027q1_core_ebitda:base/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/base_2027q1_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q1_core_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_core_ebitda:base/formula/refs/0 | None | base_2027q1_core_revenue |
| /operating_model/cells/base_2027q1_core_ebitda:base/formula/refs/1 | None | base_2027q1_core_eb_margin |
| /operating_model/cells/base_2027q1_core_ebitda:base/id | None | base_2027q1_core_ebitda |
| /operating_model/cells/base_2027q1_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q1_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2027q1_core_ebitda:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_core_ebitda:base/value | None | 54.5664 |
| /operating_model/cells/base_2027q1_core_gp_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_core_gp_margin:base/case | None | base |
| /operating_model/cells/base_2027q1_core_gp_margin:base/id | None | base_2027q1_core_gp_margin |
| /operating_model/cells/base_2027q1_core_gp_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_core_gp_margin:base/label | None | Adjusted gross margin |
| /operating_model/cells/base_2027q1_core_gp_margin:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_gp_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_core_gp_margin:base/value | None | 0.275 |
| /operating_model/cells/base_2027q1_core_growth:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_core_growth:base/case | None | base |
| /operating_model/cells/base_2027q1_core_growth:base/id | None | base_2027q1_core_growth |
| /operating_model/cells/base_2027q1_core_growth:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_core_growth:base/label | None | Pre-AWM business expansion |
| /operating_model/cells/base_2027q1_core_growth:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_growth:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_core_growth:base/value | None | 1.12 |
| /operating_model/cells/base_2027q1_core_revenue:base/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/base_2027q1_core_revenue:base/case | None | base |
| /operating_model/cells/base_2027q1_core_revenue:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_core_revenue:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_2027q1_core_revenue:base/formula/refs/1 | None | base_2027q1_core_growth |
| /operating_model/cells/base_2027q1_core_revenue:base/formula/refs/2 | None | base_2027q1_core_season |
| /operating_model/cells/base_2027q1_core_revenue:base/id | None | base_2027q1_core_revenue |
| /operating_model/cells/base_2027q1_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q1_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2027q1_core_revenue:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_core_revenue:base/value | None | 341.04 |
| /operating_model/cells/base_2027q1_core_season:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_core_season:base/case | None | base |
| /operating_model/cells/base_2027q1_core_season:base/id | None | base_2027q1_core_season |
| /operating_model/cells/base_2027q1_core_season:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_core_season:base/label | None | Annual quarter share |
| /operating_model/cells/base_2027q1_core_season:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_core_season:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_core_season:base/value | None | 0.21 |
| /operating_model/cells/base_2027q1_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2027q1_da:base/case | None | base |
| /operating_model/cells/base_2027q1_da:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_da:base/formula/refs/0 | None | base_2027q1_cogs_amort |
| /operating_model/cells/base_2027q1_da:base/formula/refs/1 | None | base_2027q1_other_da |
| /operating_model/cells/base_2027q1_da:base/id | None | base_2027q1_da |
| /operating_model/cells/base_2027q1_da:base/kind | None | derived |
| /operating_model/cells/base_2027q1_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2027q1_da:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_da:base/value | None | 18.7 |
| /operating_model/cells/base_2027q1_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2027q1_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2027q1_debt_coupon:base/id | None | base_2027q1_debt_coupon |
| /operating_model/cells/base_2027q1_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2027q1_debt_coupon:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_debt_coupon:base/value | None | 4.9593750000000005 |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/formula/refs/0 | None | base_2027q1_retention_expense |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/formula/refs/1 | None | base_2027q1_special_cash |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/formula/refs/2 | None | base_2027q1_sbc |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/formula/refs/3 | None | base_2027q1_da |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/id | None | base_2027q1_ebitda_to_gaap |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_ebitda_to_gaap:base/value | None | 31.549999999999997 |
| /operating_model/cells/base_2027q1_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2027q1_fcf:base/case | None | base |
| /operating_model/cells/base_2027q1_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q1_fcf:base/formula/refs/0 | None | base_2027q1_cfo |
| /operating_model/cells/base_2027q1_fcf:base/formula/refs/1 | None | base_2027q1_capex |
| /operating_model/cells/base_2027q1_fcf:base/id | None | base_2027q1_fcf |
| /operating_model/cells/base_2027q1_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q1_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2027q1_fcf:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_fcf:base/value | None | 101.69702500000001 |
| /operating_model/cells/base_2027q1_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2027q1_gross_profit:base/case | None | base |
| /operating_model/cells/base_2027q1_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q1_gross_profit:base/formula/refs/0 | None | base_2027q1_combined_gp |
| /operating_model/cells/base_2027q1_gross_profit:base/formula/refs/1 | None | base_2027q1_cogs_amort |
| /operating_model/cells/base_2027q1_gross_profit:base/id | None | base_2027q1_gross_profit |
| /operating_model/cells/base_2027q1_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2027q1_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2027q1_gross_profit:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_gross_profit:base/value | None | 95.92600000000002 |
| /operating_model/cells/base_2027q1_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_investment_income:base/case | None | base |
| /operating_model/cells/base_2027q1_investment_income:base/id | None | base_2027q1_investment_income |
| /operating_model/cells/base_2027q1_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2027q1_investment_income:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2027q1_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2027q1_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2027q1_no_extra_special:base/id | None | base_2027q1_no_extra_special |
| /operating_model/cells/base_2027q1_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2027q1_no_extra_special:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2027q1_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2027q1_operating_income:base/case | None | base |
| /operating_model/cells/base_2027q1_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q1_operating_income:base/formula/refs/0 | None | base_2027q1_adjusted_ebitda |
| /operating_model/cells/base_2027q1_operating_income:base/formula/refs/1 | None | base_2027q1_ebitda_to_gaap |
| /operating_model/cells/base_2027q1_operating_income:base/id | None | base_2027q1_operating_income |
| /operating_model/cells/base_2027q1_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2027q1_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2027q1_operating_income:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_operating_income:base/value | None | 29.306400000000004 |
| /operating_model/cells/base_2027q1_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_other_da:base/case | None | base |
| /operating_model/cells/base_2027q1_other_da:base/id | None | base_2027q1_other_da |
| /operating_model/cells/base_2027q1_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2027q1_other_da:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_other_da:base/value | None | 12.0 |
| /operating_model/cells/base_2027q1_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_other_interest:base/case | None | base |
| /operating_model/cells/base_2027q1_other_interest:base/id | None | base_2027q1_other_interest |
| /operating_model/cells/base_2027q1_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2027q1_other_interest:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2027q1_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2027q1_preferred_base:base/case | None | base |
| /operating_model/cells/base_2027q1_preferred_base:base/id | None | base_2027q1_preferred_base |
| /operating_model/cells/base_2027q1_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2027q1_preferred_base:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2027q1_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2027q1_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q1_preferred_cash:base/formula/refs/0 | None | base_2027q1_preferred_base |
| /operating_model/cells/base_2027q1_preferred_cash:base/formula/refs/1 | None | base_2027q1_preferred_rate |
| /operating_model/cells/base_2027q1_preferred_cash:base/formula/refs/2 | None | base_2027q1_quarter |
| /operating_model/cells/base_2027q1_preferred_cash:base/id | None | base_2027q1_preferred_cash |
| /operating_model/cells/base_2027q1_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2027q1_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2027q1_preferred_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_preferred_cash:base/value | None | 7.96875 |
| /operating_model/cells/base_2027q1_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2027q1_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2027q1_preferred_rate:base/id | None | base_2027q1_preferred_rate |
| /operating_model/cells/base_2027q1_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2027q1_preferred_rate:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_preferred_rate:base/value | None | 0.0625 |
| /operating_model/cells/base_2027q1_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_quarter:base/case | None | base |
| /operating_model/cells/base_2027q1_quarter:base/id | None | base_2027q1_quarter |
| /operating_model/cells/base_2027q1_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2027q1_quarter:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2027q1_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2027q1_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2027q1_retention_expense:base/case | None | base |
| /operating_model/cells/base_2027q1_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_retention_expense:base/formula/refs/0 | None | base_2027q1_apa_service_expense |
| /operating_model/cells/base_2027q1_retention_expense:base/formula/refs/1 | None | base_2027q1_awm_service_expense |
| /operating_model/cells/base_2027q1_retention_expense:base/id | None | base_2027q1_retention_expense |
| /operating_model/cells/base_2027q1_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2027q1_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2027q1_retention_expense:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_retention_expense:base/value | None | 6.25 |
| /operating_model/cells/base_2027q1_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2027q1_revenue:base/case | None | base |
| /operating_model/cells/base_2027q1_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2027q1_revenue:base/formula/refs/0 | None | base_2027q1_core_revenue |
| /operating_model/cells/base_2027q1_revenue:base/formula/refs/1 | None | base_2027q1_awm_revenue |
| /operating_model/cells/base_2027q1_revenue:base/id | None | base_2027q1_revenue |
| /operating_model/cells/base_2027q1_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q1_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2027q1_revenue:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_revenue:base/value | None | 358.04 |
| /operating_model/cells/base_2027q1_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_sbc:base/case | None | base |
| /operating_model/cells/base_2027q1_sbc:base/id | None | base_2027q1_sbc |
| /operating_model/cells/base_2027q1_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2027q1_sbc:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_sbc:base/value | None | 5.6 |
| /operating_model/cells/base_2027q1_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q1_special_cash:base/case | None | base |
| /operating_model/cells/base_2027q1_special_cash:base/id | None | base_2027q1_special_cash |
| /operating_model/cells/base_2027q1_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2027q1_special_cash:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_special_cash:base/value | None | 1.0 |
| /operating_model/cells/base_2027q1_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2027q1_wc_source:base/case | None | base |
| /operating_model/cells/base_2027q1_wc_source:base/id | None | base_2027q1_wc_source |
| /operating_model/cells/base_2027q1_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2027q1_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2027q1_wc_source:base/period | None | 2027Q1 |
| /operating_model/cells/base_2027q1_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q1_wc_source:base/value | None | 65.0 |
| /operating_model/cells/base_2027q2_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2027q2_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_acquisition_cash:base/id | None | base_2027q2_acquisition_cash |
| /operating_model/cells/base_2027q2_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2027q2_acquisition_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/formula/refs/0 | None | base_2027q2_core_ebitda |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/formula/refs/1 | None | base_2027q2_awm_ebitda |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/id | None | base_2027q2_adjusted_ebitda |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_adjusted_ebitda:base/value | None | 71.62 |
| /operating_model/cells/base_2027q2_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2027q2_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_apa_service_cash:base/id | None | base_2027q2_apa_service_cash |
| /operating_model/cells/base_2027q2_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2027q2_apa_service_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_apa_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q2_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q2_apa_service_expense:base/id | None | base_2027q2_apa_service_expense |
| /operating_model/cells/base_2027q2_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2027q2_apa_service_expense:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_apa_service_expense:base/value | None | 5.0 |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/id | None | base_2027q2_awm_eb_margin |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2027q2_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2027q2_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_awm_ebitda:base/formula/refs/0 | None | base_2027q2_awm_revenue |
| /operating_model/cells/base_2027q2_awm_ebitda:base/formula/refs/1 | None | base_2027q2_awm_eb_margin |
| /operating_model/cells/base_2027q2_awm_ebitda:base/id | None | base_2027q2_awm_ebitda |
| /operating_model/cells/base_2027q2_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q2_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2027q2_awm_ebitda:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_awm_ebitda:base/value | None | 6.66 |
| /operating_model/cells/base_2027q2_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_awm_gm:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_gm:base/id | None | base_2027q2_awm_gm |
| /operating_model/cells/base_2027q2_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2027q2_awm_gm:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2027q2_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2027q2_awm_gp:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_awm_gp:base/formula/refs/0 | None | base_2027q2_awm_revenue |
| /operating_model/cells/base_2027q2_awm_gp:base/formula/refs/1 | None | base_2027q2_awm_gm |
| /operating_model/cells/base_2027q2_awm_gp:base/id | None | base_2027q2_awm_gp |
| /operating_model/cells/base_2027q2_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q2_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2027q2_awm_gp:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_awm_gp:base/value | None | 9.36 |
| /operating_model/cells/base_2027q2_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2027q2_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_revenue:base/id | None | base_2027q2_awm_revenue |
| /operating_model/cells/base_2027q2_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2027q2_awm_revenue:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_awm_revenue:base/value | None | 18.0 |
| /operating_model/cells/base_2027q2_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2027q2_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_service_cash:base/id | None | base_2027q2_awm_service_cash |
| /operating_model/cells/base_2027q2_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2027q2_awm_service_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_awm_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q2_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2027q2_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q2_awm_service_expense:base/id | None | base_2027q2_awm_service_expense |
| /operating_model/cells/base_2027q2_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2027q2_awm_service_expense:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_awm_service_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2027q2_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2027q2_below_fcf:base/case | None | base |
| /operating_model/cells/base_2027q2_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_below_fcf:base/formula/refs/0 | None | base_2027q2_preferred_cash |
| /operating_model/cells/base_2027q2_below_fcf:base/formula/refs/1 | None | base_2027q2_acquisition_cash |
| /operating_model/cells/base_2027q2_below_fcf:base/formula/refs/2 | None | base_2027q2_contingent_cash |
| /operating_model/cells/base_2027q2_below_fcf:base/id | None | base_2027q2_below_fcf |
| /operating_model/cells/base_2027q2_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q2_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2027q2_below_fcf:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_below_fcf:base/value | None | 7.96875 |
| /operating_model/cells/base_2027q2_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_capex:base/case | None | base |
| /operating_model/cells/base_2027q2_capex:base/id | None | base_2027q2_capex |
| /operating_model/cells/base_2027q2_capex:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2027q2_capex:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_capex:base/value | None | 9.0 |
| /operating_model/cells/base_2027q2_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2027q2_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2027q2_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q2_cash_after_claims:base/formula/refs/0 | None | base_2027q2_fcf |
| /operating_model/cells/base_2027q2_cash_after_claims:base/formula/refs/1 | None | base_2027q2_below_fcf |
| /operating_model/cells/base_2027q2_cash_after_claims:base/id | None | base_2027q2_cash_after_claims |
| /operating_model/cells/base_2027q2_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2027q2_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2027q2_cash_after_claims:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cash_after_claims:base/value | None | 40.82625000000001 |
| /operating_model/cells/base_2027q2_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2027q2_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/refs/0 | None | base_2027q2_operating_income |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/refs/1 | None | base_2027q2_sbc |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/refs/2 | None | base_2027q2_da |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/refs/3 | None | base_2027q2_retention_expense |
| /operating_model/cells/base_2027q2_cash_before_uses:base/formula/refs/4 | None | base_2027q2_investment_income |
| /operating_model/cells/base_2027q2_cash_before_uses:base/id | None | base_2027q2_cash_before_uses |
| /operating_model/cells/base_2027q2_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q2_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2027q2_cash_before_uses:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cash_before_uses:base/value | None | 71.82000000000001 |
| /operating_model/cells/base_2027q2_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2027q2_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2027q2_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q2_cash_before_wc:base/formula/refs/0 | None | base_2027q2_cash_before_uses |
| /operating_model/cells/base_2027q2_cash_before_wc:base/formula/refs/1 | None | base_2027q2_cash_uses |
| /operating_model/cells/base_2027q2_cash_before_wc:base/id | None | base_2027q2_cash_before_wc |
| /operating_model/cells/base_2027q2_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2027q2_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2027q2_cash_before_wc:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cash_before_wc:base/value | None | 57.79500000000001 |
| /operating_model/cells/base_2027q2_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_cash_tax:base/case | None | base |
| /operating_model/cells/base_2027q2_cash_tax:base/id | None | base_2027q2_cash_tax |
| /operating_model/cells/base_2027q2_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2027q2_cash_tax:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cash_tax:base/value | None | 12.0 |
| /operating_model/cells/base_2027q2_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2027q2_cash_uses:base/case | None | base |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/0 | None | base_2027q2_apa_service_cash |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/1 | None | base_2027q2_awm_service_cash |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/2 | None | base_2027q2_debt_coupon |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/3 | None | base_2027q2_other_interest |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/4 | None | base_2027q2_cash_tax |
| /operating_model/cells/base_2027q2_cash_uses:base/formula/refs/5 | None | base_2027q2_no_extra_special |
| /operating_model/cells/base_2027q2_cash_uses:base/id | None | base_2027q2_cash_uses |
| /operating_model/cells/base_2027q2_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q2_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2027q2_cash_uses:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cash_uses:base/value | None | 14.025 |
| /operating_model/cells/base_2027q2_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2027q2_cfo:base/case | None | base |
| /operating_model/cells/base_2027q2_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_cfo:base/formula/refs/0 | None | base_2027q2_cash_before_wc |
| /operating_model/cells/base_2027q2_cfo:base/formula/refs/1 | None | base_2027q2_wc_source |
| /operating_model/cells/base_2027q2_cfo:base/id | None | base_2027q2_cfo |
| /operating_model/cells/base_2027q2_cfo:base/kind | None | derived |
| /operating_model/cells/base_2027q2_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2027q2_cfo:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cfo:base/value | None | 57.79500000000001 |
| /operating_model/cells/base_2027q2_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2027q2_cogs_amort:base/id | None | base_2027q2_cogs_amort |
| /operating_model/cells/base_2027q2_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2027q2_cogs_amort:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_cogs_amort:base/value | None | 6.7 |
| /operating_model/cells/base_2027q2_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2027q2_combined_gp:base/case | None | base |
| /operating_model/cells/base_2027q2_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_combined_gp:base/formula/refs/0 | None | base_2027q2_core_adjusted_gp |
| /operating_model/cells/base_2027q2_combined_gp:base/formula/refs/1 | None | base_2027q2_awm_gp |
| /operating_model/cells/base_2027q2_combined_gp:base/id | None | base_2027q2_combined_gp |
| /operating_model/cells/base_2027q2_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q2_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2027q2_combined_gp:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_combined_gp:base/value | None | 121.01000000000002 |
| /operating_model/cells/base_2027q2_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2027q2_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_contingent_cash:base/id | None | base_2027q2_contingent_cash |
| /operating_model/cells/base_2027q2_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2027q2_contingent_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_contingent_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/formula/refs/0 | None | base_2027q2_core_revenue |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/formula/refs/1 | None | base_2027q2_core_gp_margin |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/id | None | base_2027q2_core_adjusted_gp |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_core_adjusted_gp:base/value | None | 111.65000000000002 |
| /operating_model/cells/base_2027q2_core_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_core_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q2_core_eb_margin:base/id | None | base_2027q2_core_eb_margin |
| /operating_model/cells/base_2027q2_core_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_core_eb_margin:base/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/base_2027q2_core_eb_margin:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_core_eb_margin:base/value | None | 0.16 |
| /operating_model/cells/base_2027q2_core_ebitda:base/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/base_2027q2_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q2_core_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_core_ebitda:base/formula/refs/0 | None | base_2027q2_core_revenue |
| /operating_model/cells/base_2027q2_core_ebitda:base/formula/refs/1 | None | base_2027q2_core_eb_margin |
| /operating_model/cells/base_2027q2_core_ebitda:base/id | None | base_2027q2_core_ebitda |
| /operating_model/cells/base_2027q2_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q2_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2027q2_core_ebitda:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_core_ebitda:base/value | None | 64.96000000000001 |
| /operating_model/cells/base_2027q2_core_gp_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_core_gp_margin:base/case | None | base |
| /operating_model/cells/base_2027q2_core_gp_margin:base/id | None | base_2027q2_core_gp_margin |
| /operating_model/cells/base_2027q2_core_gp_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_core_gp_margin:base/label | None | Adjusted gross margin |
| /operating_model/cells/base_2027q2_core_gp_margin:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_gp_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_core_gp_margin:base/value | None | 0.275 |
| /operating_model/cells/base_2027q2_core_growth:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_core_growth:base/case | None | base |
| /operating_model/cells/base_2027q2_core_growth:base/id | None | base_2027q2_core_growth |
| /operating_model/cells/base_2027q2_core_growth:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_core_growth:base/label | None | Pre-AWM business expansion |
| /operating_model/cells/base_2027q2_core_growth:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_growth:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_core_growth:base/value | None | 1.12 |
| /operating_model/cells/base_2027q2_core_revenue:base/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/base_2027q2_core_revenue:base/case | None | base |
| /operating_model/cells/base_2027q2_core_revenue:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_core_revenue:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_2027q2_core_revenue:base/formula/refs/1 | None | base_2027q2_core_growth |
| /operating_model/cells/base_2027q2_core_revenue:base/formula/refs/2 | None | base_2027q2_core_season |
| /operating_model/cells/base_2027q2_core_revenue:base/id | None | base_2027q2_core_revenue |
| /operating_model/cells/base_2027q2_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q2_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2027q2_core_revenue:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_core_revenue:base/value | None | 406.00000000000006 |
| /operating_model/cells/base_2027q2_core_season:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_core_season:base/case | None | base |
| /operating_model/cells/base_2027q2_core_season:base/id | None | base_2027q2_core_season |
| /operating_model/cells/base_2027q2_core_season:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_core_season:base/label | None | Annual quarter share |
| /operating_model/cells/base_2027q2_core_season:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_core_season:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_core_season:base/value | None | 0.25 |
| /operating_model/cells/base_2027q2_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2027q2_da:base/case | None | base |
| /operating_model/cells/base_2027q2_da:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_da:base/formula/refs/0 | None | base_2027q2_cogs_amort |
| /operating_model/cells/base_2027q2_da:base/formula/refs/1 | None | base_2027q2_other_da |
| /operating_model/cells/base_2027q2_da:base/id | None | base_2027q2_da |
| /operating_model/cells/base_2027q2_da:base/kind | None | derived |
| /operating_model/cells/base_2027q2_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2027q2_da:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_da:base/value | None | 18.7 |
| /operating_model/cells/base_2027q2_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2027q2_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2027q2_debt_coupon:base/id | None | base_2027q2_debt_coupon |
| /operating_model/cells/base_2027q2_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2027q2_debt_coupon:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_debt_coupon:base/value | None | 1.625 |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/formula/refs/0 | None | base_2027q2_retention_expense |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/formula/refs/1 | None | base_2027q2_special_cash |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/formula/refs/2 | None | base_2027q2_sbc |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/formula/refs/3 | None | base_2027q2_da |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/id | None | base_2027q2_ebitda_to_gaap |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_ebitda_to_gaap:base/value | None | 31.85 |
| /operating_model/cells/base_2027q2_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2027q2_fcf:base/case | None | base |
| /operating_model/cells/base_2027q2_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q2_fcf:base/formula/refs/0 | None | base_2027q2_cfo |
| /operating_model/cells/base_2027q2_fcf:base/formula/refs/1 | None | base_2027q2_capex |
| /operating_model/cells/base_2027q2_fcf:base/id | None | base_2027q2_fcf |
| /operating_model/cells/base_2027q2_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q2_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2027q2_fcf:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_fcf:base/value | None | 48.79500000000001 |
| /operating_model/cells/base_2027q2_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2027q2_gross_profit:base/case | None | base |
| /operating_model/cells/base_2027q2_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q2_gross_profit:base/formula/refs/0 | None | base_2027q2_combined_gp |
| /operating_model/cells/base_2027q2_gross_profit:base/formula/refs/1 | None | base_2027q2_cogs_amort |
| /operating_model/cells/base_2027q2_gross_profit:base/id | None | base_2027q2_gross_profit |
| /operating_model/cells/base_2027q2_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2027q2_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2027q2_gross_profit:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_gross_profit:base/value | None | 114.31000000000002 |
| /operating_model/cells/base_2027q2_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_investment_income:base/case | None | base |
| /operating_model/cells/base_2027q2_investment_income:base/id | None | base_2027q2_investment_income |
| /operating_model/cells/base_2027q2_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2027q2_investment_income:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2027q2_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2027q2_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2027q2_no_extra_special:base/id | None | base_2027q2_no_extra_special |
| /operating_model/cells/base_2027q2_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2027q2_no_extra_special:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2027q2_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2027q2_operating_income:base/case | None | base |
| /operating_model/cells/base_2027q2_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q2_operating_income:base/formula/refs/0 | None | base_2027q2_adjusted_ebitda |
| /operating_model/cells/base_2027q2_operating_income:base/formula/refs/1 | None | base_2027q2_ebitda_to_gaap |
| /operating_model/cells/base_2027q2_operating_income:base/id | None | base_2027q2_operating_income |
| /operating_model/cells/base_2027q2_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2027q2_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2027q2_operating_income:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_operating_income:base/value | None | 39.77 |
| /operating_model/cells/base_2027q2_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_other_da:base/case | None | base |
| /operating_model/cells/base_2027q2_other_da:base/id | None | base_2027q2_other_da |
| /operating_model/cells/base_2027q2_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2027q2_other_da:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_other_da:base/value | None | 12.0 |
| /operating_model/cells/base_2027q2_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_other_interest:base/case | None | base |
| /operating_model/cells/base_2027q2_other_interest:base/id | None | base_2027q2_other_interest |
| /operating_model/cells/base_2027q2_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2027q2_other_interest:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2027q2_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2027q2_preferred_base:base/case | None | base |
| /operating_model/cells/base_2027q2_preferred_base:base/id | None | base_2027q2_preferred_base |
| /operating_model/cells/base_2027q2_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2027q2_preferred_base:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2027q2_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2027q2_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q2_preferred_cash:base/formula/refs/0 | None | base_2027q2_preferred_base |
| /operating_model/cells/base_2027q2_preferred_cash:base/formula/refs/1 | None | base_2027q2_preferred_rate |
| /operating_model/cells/base_2027q2_preferred_cash:base/formula/refs/2 | None | base_2027q2_quarter |
| /operating_model/cells/base_2027q2_preferred_cash:base/id | None | base_2027q2_preferred_cash |
| /operating_model/cells/base_2027q2_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2027q2_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2027q2_preferred_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_preferred_cash:base/value | None | 7.96875 |
| /operating_model/cells/base_2027q2_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2027q2_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2027q2_preferred_rate:base/id | None | base_2027q2_preferred_rate |
| /operating_model/cells/base_2027q2_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2027q2_preferred_rate:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_preferred_rate:base/value | None | 0.0625 |
| /operating_model/cells/base_2027q2_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_quarter:base/case | None | base |
| /operating_model/cells/base_2027q2_quarter:base/id | None | base_2027q2_quarter |
| /operating_model/cells/base_2027q2_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2027q2_quarter:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2027q2_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2027q2_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2027q2_retention_expense:base/case | None | base |
| /operating_model/cells/base_2027q2_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_retention_expense:base/formula/refs/0 | None | base_2027q2_apa_service_expense |
| /operating_model/cells/base_2027q2_retention_expense:base/formula/refs/1 | None | base_2027q2_awm_service_expense |
| /operating_model/cells/base_2027q2_retention_expense:base/id | None | base_2027q2_retention_expense |
| /operating_model/cells/base_2027q2_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2027q2_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2027q2_retention_expense:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_retention_expense:base/value | None | 6.25 |
| /operating_model/cells/base_2027q2_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2027q2_revenue:base/case | None | base |
| /operating_model/cells/base_2027q2_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2027q2_revenue:base/formula/refs/0 | None | base_2027q2_core_revenue |
| /operating_model/cells/base_2027q2_revenue:base/formula/refs/1 | None | base_2027q2_awm_revenue |
| /operating_model/cells/base_2027q2_revenue:base/id | None | base_2027q2_revenue |
| /operating_model/cells/base_2027q2_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q2_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2027q2_revenue:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_revenue:base/value | None | 424.00000000000006 |
| /operating_model/cells/base_2027q2_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_sbc:base/case | None | base |
| /operating_model/cells/base_2027q2_sbc:base/id | None | base_2027q2_sbc |
| /operating_model/cells/base_2027q2_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2027q2_sbc:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_sbc:base/value | None | 5.9 |
| /operating_model/cells/base_2027q2_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q2_special_cash:base/case | None | base |
| /operating_model/cells/base_2027q2_special_cash:base/id | None | base_2027q2_special_cash |
| /operating_model/cells/base_2027q2_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2027q2_special_cash:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_special_cash:base/value | None | 1.0 |
| /operating_model/cells/base_2027q2_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2027q2_wc_source:base/case | None | base |
| /operating_model/cells/base_2027q2_wc_source:base/id | None | base_2027q2_wc_source |
| /operating_model/cells/base_2027q2_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2027q2_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2027q2_wc_source:base/period | None | 2027Q2 |
| /operating_model/cells/base_2027q2_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q2_wc_source:base/value | None | 0.0 |
| /operating_model/cells/base_2027q3_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2027q3_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_acquisition_cash:base/id | None | base_2027q3_acquisition_cash |
| /operating_model/cells/base_2027q3_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2027q3_acquisition_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/formula/refs/0 | None | base_2027q3_core_ebitda |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/formula/refs/1 | None | base_2027q3_awm_ebitda |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/id | None | base_2027q3_adjusted_ebitda |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_adjusted_ebitda:base/value | None | 69.76160000000002 |
| /operating_model/cells/base_2027q3_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2027q3_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_apa_service_cash:base/id | None | base_2027q3_apa_service_cash |
| /operating_model/cells/base_2027q3_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2027q3_apa_service_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_apa_service_cash:base/value | None | 6.191780821917808 |
| /operating_model/cells/base_2027q3_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q3_apa_service_expense:base/id | None | base_2027q3_apa_service_expense |
| /operating_model/cells/base_2027q3_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2027q3_apa_service_expense:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_apa_service_expense:base/value | None | 2.5 |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/id | None | base_2027q3_awm_eb_margin |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2027q3_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2027q3_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_awm_ebitda:base/formula/refs/0 | None | base_2027q3_awm_revenue |
| /operating_model/cells/base_2027q3_awm_ebitda:base/formula/refs/1 | None | base_2027q3_awm_eb_margin |
| /operating_model/cells/base_2027q3_awm_ebitda:base/id | None | base_2027q3_awm_ebitda |
| /operating_model/cells/base_2027q3_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q3_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2027q3_awm_ebitda:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_awm_ebitda:base/value | None | 7.4 |
| /operating_model/cells/base_2027q3_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_awm_gm:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_gm:base/id | None | base_2027q3_awm_gm |
| /operating_model/cells/base_2027q3_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2027q3_awm_gm:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2027q3_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2027q3_awm_gp:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_awm_gp:base/formula/refs/0 | None | base_2027q3_awm_revenue |
| /operating_model/cells/base_2027q3_awm_gp:base/formula/refs/1 | None | base_2027q3_awm_gm |
| /operating_model/cells/base_2027q3_awm_gp:base/id | None | base_2027q3_awm_gp |
| /operating_model/cells/base_2027q3_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q3_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2027q3_awm_gp:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_awm_gp:base/value | None | 10.4 |
| /operating_model/cells/base_2027q3_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2027q3_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_revenue:base/id | None | base_2027q3_awm_revenue |
| /operating_model/cells/base_2027q3_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2027q3_awm_revenue:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_awm_revenue:base/value | None | 20.0 |
| /operating_model/cells/base_2027q3_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2027q3_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_service_cash:base/id | None | base_2027q3_awm_service_cash |
| /operating_model/cells/base_2027q3_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2027q3_awm_service_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_awm_service_cash:base/value | None | 5.0 |
| /operating_model/cells/base_2027q3_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2027q3_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q3_awm_service_expense:base/id | None | base_2027q3_awm_service_expense |
| /operating_model/cells/base_2027q3_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2027q3_awm_service_expense:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_awm_service_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2027q3_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2027q3_below_fcf:base/case | None | base |
| /operating_model/cells/base_2027q3_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_below_fcf:base/formula/refs/0 | None | base_2027q3_preferred_cash |
| /operating_model/cells/base_2027q3_below_fcf:base/formula/refs/1 | None | base_2027q3_acquisition_cash |
| /operating_model/cells/base_2027q3_below_fcf:base/formula/refs/2 | None | base_2027q3_contingent_cash |
| /operating_model/cells/base_2027q3_below_fcf:base/id | None | base_2027q3_below_fcf |
| /operating_model/cells/base_2027q3_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q3_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2027q3_below_fcf:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_below_fcf:base/value | None | 8.332125000000001 |
| /operating_model/cells/base_2027q3_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_capex:base/case | None | base |
| /operating_model/cells/base_2027q3_capex:base/id | None | base_2027q3_capex |
| /operating_model/cells/base_2027q3_capex:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2027q3_capex:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_capex:base/value | None | 9.0 |
| /operating_model/cells/base_2027q3_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2027q3_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2027q3_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q3_cash_after_claims:base/formula/refs/0 | None | base_2027q3_fcf |
| /operating_model/cells/base_2027q3_cash_after_claims:base/formula/refs/1 | None | base_2027q3_below_fcf |
| /operating_model/cells/base_2027q3_cash_after_claims:base/id | None | base_2027q3_cash_after_claims |
| /operating_model/cells/base_2027q3_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2027q3_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2027q3_cash_after_claims:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cash_after_claims:base/value | None | 14.078319178082214 |
| /operating_model/cells/base_2027q3_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2027q3_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/refs/0 | None | base_2027q3_operating_income |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/refs/1 | None | base_2027q3_sbc |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/refs/2 | None | base_2027q3_da |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/refs/3 | None | base_2027q3_retention_expense |
| /operating_model/cells/base_2027q3_cash_before_uses:base/formula/refs/4 | None | base_2027q3_investment_income |
| /operating_model/cells/base_2027q3_cash_before_uses:base/id | None | base_2027q3_cash_before_uses |
| /operating_model/cells/base_2027q3_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q3_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2027q3_cash_before_uses:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cash_before_uses:base/value | None | 69.96160000000002 |
| /operating_model/cells/base_2027q3_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2027q3_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2027q3_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q3_cash_before_wc:base/formula/refs/0 | None | base_2027q3_cash_before_uses |
| /operating_model/cells/base_2027q3_cash_before_wc:base/formula/refs/1 | None | base_2027q3_cash_uses |
| /operating_model/cells/base_2027q3_cash_before_wc:base/id | None | base_2027q3_cash_before_wc |
| /operating_model/cells/base_2027q3_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2027q3_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2027q3_cash_before_wc:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cash_before_wc:base/value | None | 41.410444178082216 |
| /operating_model/cells/base_2027q3_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_cash_tax:base/case | None | base |
| /operating_model/cells/base_2027q3_cash_tax:base/id | None | base_2027q3_cash_tax |
| /operating_model/cells/base_2027q3_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2027q3_cash_tax:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cash_tax:base/value | None | 12.0 |
| /operating_model/cells/base_2027q3_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2027q3_cash_uses:base/case | None | base |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/0 | None | base_2027q3_apa_service_cash |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/1 | None | base_2027q3_awm_service_cash |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/2 | None | base_2027q3_debt_coupon |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/3 | None | base_2027q3_other_interest |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/4 | None | base_2027q3_cash_tax |
| /operating_model/cells/base_2027q3_cash_uses:base/formula/refs/5 | None | base_2027q3_no_extra_special |
| /operating_model/cells/base_2027q3_cash_uses:base/id | None | base_2027q3_cash_uses |
| /operating_model/cells/base_2027q3_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q3_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2027q3_cash_uses:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cash_uses:base/value | None | 28.551155821917806 |
| /operating_model/cells/base_2027q3_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2027q3_cfo:base/case | None | base |
| /operating_model/cells/base_2027q3_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_cfo:base/formula/refs/0 | None | base_2027q3_cash_before_wc |
| /operating_model/cells/base_2027q3_cfo:base/formula/refs/1 | None | base_2027q3_wc_source |
| /operating_model/cells/base_2027q3_cfo:base/id | None | base_2027q3_cfo |
| /operating_model/cells/base_2027q3_cfo:base/kind | None | derived |
| /operating_model/cells/base_2027q3_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2027q3_cfo:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cfo:base/value | None | 31.410444178082216 |
| /operating_model/cells/base_2027q3_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2027q3_cogs_amort:base/id | None | base_2027q3_cogs_amort |
| /operating_model/cells/base_2027q3_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2027q3_cogs_amort:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_cogs_amort:base/value | None | 6.7 |
| /operating_model/cells/base_2027q3_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2027q3_combined_gp:base/case | None | base |
| /operating_model/cells/base_2027q3_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_combined_gp:base/formula/refs/0 | None | base_2027q3_core_adjusted_gp |
| /operating_model/cells/base_2027q3_combined_gp:base/formula/refs/1 | None | base_2027q3_awm_gp |
| /operating_model/cells/base_2027q3_combined_gp:base/id | None | base_2027q3_combined_gp |
| /operating_model/cells/base_2027q3_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q3_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2027q3_combined_gp:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_combined_gp:base/value | None | 117.58400000000003 |
| /operating_model/cells/base_2027q3_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2027q3_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_contingent_cash:base/id | None | base_2027q3_contingent_cash |
| /operating_model/cells/base_2027q3_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2027q3_contingent_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_contingent_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/formula/refs/0 | None | base_2027q3_core_revenue |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/formula/refs/1 | None | base_2027q3_core_gp_margin |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/id | None | base_2027q3_core_adjusted_gp |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_core_adjusted_gp:base/value | None | 107.18400000000003 |
| /operating_model/cells/base_2027q3_core_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_core_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q3_core_eb_margin:base/id | None | base_2027q3_core_eb_margin |
| /operating_model/cells/base_2027q3_core_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_core_eb_margin:base/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/base_2027q3_core_eb_margin:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_core_eb_margin:base/value | None | 0.16 |
| /operating_model/cells/base_2027q3_core_ebitda:base/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/base_2027q3_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q3_core_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_core_ebitda:base/formula/refs/0 | None | base_2027q3_core_revenue |
| /operating_model/cells/base_2027q3_core_ebitda:base/formula/refs/1 | None | base_2027q3_core_eb_margin |
| /operating_model/cells/base_2027q3_core_ebitda:base/id | None | base_2027q3_core_ebitda |
| /operating_model/cells/base_2027q3_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q3_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2027q3_core_ebitda:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_core_ebitda:base/value | None | 62.36160000000001 |
| /operating_model/cells/base_2027q3_core_gp_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_core_gp_margin:base/case | None | base |
| /operating_model/cells/base_2027q3_core_gp_margin:base/id | None | base_2027q3_core_gp_margin |
| /operating_model/cells/base_2027q3_core_gp_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_core_gp_margin:base/label | None | Adjusted gross margin |
| /operating_model/cells/base_2027q3_core_gp_margin:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_gp_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_core_gp_margin:base/value | None | 0.275 |
| /operating_model/cells/base_2027q3_core_growth:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_core_growth:base/case | None | base |
| /operating_model/cells/base_2027q3_core_growth:base/id | None | base_2027q3_core_growth |
| /operating_model/cells/base_2027q3_core_growth:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_core_growth:base/label | None | Pre-AWM business expansion |
| /operating_model/cells/base_2027q3_core_growth:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_growth:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_core_growth:base/value | None | 1.12 |
| /operating_model/cells/base_2027q3_core_revenue:base/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/base_2027q3_core_revenue:base/case | None | base |
| /operating_model/cells/base_2027q3_core_revenue:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_core_revenue:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_2027q3_core_revenue:base/formula/refs/1 | None | base_2027q3_core_growth |
| /operating_model/cells/base_2027q3_core_revenue:base/formula/refs/2 | None | base_2027q3_core_season |
| /operating_model/cells/base_2027q3_core_revenue:base/id | None | base_2027q3_core_revenue |
| /operating_model/cells/base_2027q3_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q3_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2027q3_core_revenue:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_core_revenue:base/value | None | 389.76000000000005 |
| /operating_model/cells/base_2027q3_core_season:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_core_season:base/case | None | base |
| /operating_model/cells/base_2027q3_core_season:base/id | None | base_2027q3_core_season |
| /operating_model/cells/base_2027q3_core_season:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_core_season:base/label | None | Annual quarter share |
| /operating_model/cells/base_2027q3_core_season:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_core_season:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_core_season:base/value | None | 0.24 |
| /operating_model/cells/base_2027q3_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2027q3_da:base/case | None | base |
| /operating_model/cells/base_2027q3_da:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_da:base/formula/refs/0 | None | base_2027q3_cogs_amort |
| /operating_model/cells/base_2027q3_da:base/formula/refs/1 | None | base_2027q3_other_da |
| /operating_model/cells/base_2027q3_da:base/id | None | base_2027q3_da |
| /operating_model/cells/base_2027q3_da:base/kind | None | derived |
| /operating_model/cells/base_2027q3_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2027q3_da:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_da:base/value | None | 18.7 |
| /operating_model/cells/base_2027q3_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2027q3_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2027q3_debt_coupon:base/id | None | base_2027q3_debt_coupon |
| /operating_model/cells/base_2027q3_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2027q3_debt_coupon:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_debt_coupon:base/value | None | 4.9593750000000005 |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/formula/refs/0 | None | base_2027q3_retention_expense |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/formula/refs/1 | None | base_2027q3_special_cash |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/formula/refs/2 | None | base_2027q3_sbc |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/formula/refs/3 | None | base_2027q3_da |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/id | None | base_2027q3_ebitda_to_gaap |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_ebitda_to_gaap:base/value | None | 29.65 |
| /operating_model/cells/base_2027q3_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2027q3_fcf:base/case | None | base |
| /operating_model/cells/base_2027q3_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q3_fcf:base/formula/refs/0 | None | base_2027q3_cfo |
| /operating_model/cells/base_2027q3_fcf:base/formula/refs/1 | None | base_2027q3_capex |
| /operating_model/cells/base_2027q3_fcf:base/id | None | base_2027q3_fcf |
| /operating_model/cells/base_2027q3_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q3_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2027q3_fcf:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_fcf:base/value | None | 22.410444178082216 |
| /operating_model/cells/base_2027q3_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2027q3_gross_profit:base/case | None | base |
| /operating_model/cells/base_2027q3_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q3_gross_profit:base/formula/refs/0 | None | base_2027q3_combined_gp |
| /operating_model/cells/base_2027q3_gross_profit:base/formula/refs/1 | None | base_2027q3_cogs_amort |
| /operating_model/cells/base_2027q3_gross_profit:base/id | None | base_2027q3_gross_profit |
| /operating_model/cells/base_2027q3_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2027q3_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2027q3_gross_profit:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_gross_profit:base/value | None | 110.88400000000003 |
| /operating_model/cells/base_2027q3_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_investment_income:base/case | None | base |
| /operating_model/cells/base_2027q3_investment_income:base/id | None | base_2027q3_investment_income |
| /operating_model/cells/base_2027q3_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2027q3_investment_income:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2027q3_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2027q3_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2027q3_no_extra_special:base/id | None | base_2027q3_no_extra_special |
| /operating_model/cells/base_2027q3_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2027q3_no_extra_special:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2027q3_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2027q3_operating_income:base/case | None | base |
| /operating_model/cells/base_2027q3_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q3_operating_income:base/formula/refs/0 | None | base_2027q3_adjusted_ebitda |
| /operating_model/cells/base_2027q3_operating_income:base/formula/refs/1 | None | base_2027q3_ebitda_to_gaap |
| /operating_model/cells/base_2027q3_operating_income:base/id | None | base_2027q3_operating_income |
| /operating_model/cells/base_2027q3_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2027q3_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2027q3_operating_income:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_operating_income:base/value | None | 40.11160000000002 |
| /operating_model/cells/base_2027q3_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_other_da:base/case | None | base |
| /operating_model/cells/base_2027q3_other_da:base/id | None | base_2027q3_other_da |
| /operating_model/cells/base_2027q3_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2027q3_other_da:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_other_da:base/value | None | 12.0 |
| /operating_model/cells/base_2027q3_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_other_interest:base/case | None | base |
| /operating_model/cells/base_2027q3_other_interest:base/id | None | base_2027q3_other_interest |
| /operating_model/cells/base_2027q3_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2027q3_other_interest:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2027q3_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2027q3_preferred_base:base/case | None | base |
| /operating_model/cells/base_2027q3_preferred_base:base/id | None | base_2027q3_preferred_base |
| /operating_model/cells/base_2027q3_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2027q3_preferred_base:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2027q3_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2027q3_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q3_preferred_cash:base/formula/refs/0 | None | base_2027q3_preferred_base |
| /operating_model/cells/base_2027q3_preferred_cash:base/formula/refs/1 | None | base_2027q3_preferred_rate |
| /operating_model/cells/base_2027q3_preferred_cash:base/formula/refs/2 | None | base_2027q3_quarter |
| /operating_model/cells/base_2027q3_preferred_cash:base/id | None | base_2027q3_preferred_cash |
| /operating_model/cells/base_2027q3_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2027q3_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2027q3_preferred_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_preferred_cash:base/value | None | 8.332125000000001 |
| /operating_model/cells/base_2027q3_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2027q3_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2027q3_preferred_rate:base/id | None | base_2027q3_preferred_rate |
| /operating_model/cells/base_2027q3_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2027q3_preferred_rate:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_preferred_rate:base/value | None | 0.06535 |
| /operating_model/cells/base_2027q3_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_quarter:base/case | None | base |
| /operating_model/cells/base_2027q3_quarter:base/id | None | base_2027q3_quarter |
| /operating_model/cells/base_2027q3_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2027q3_quarter:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2027q3_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2027q3_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2027q3_retention_expense:base/case | None | base |
| /operating_model/cells/base_2027q3_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_retention_expense:base/formula/refs/0 | None | base_2027q3_apa_service_expense |
| /operating_model/cells/base_2027q3_retention_expense:base/formula/refs/1 | None | base_2027q3_awm_service_expense |
| /operating_model/cells/base_2027q3_retention_expense:base/id | None | base_2027q3_retention_expense |
| /operating_model/cells/base_2027q3_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2027q3_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2027q3_retention_expense:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_retention_expense:base/value | None | 3.75 |
| /operating_model/cells/base_2027q3_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2027q3_revenue:base/case | None | base |
| /operating_model/cells/base_2027q3_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2027q3_revenue:base/formula/refs/0 | None | base_2027q3_core_revenue |
| /operating_model/cells/base_2027q3_revenue:base/formula/refs/1 | None | base_2027q3_awm_revenue |
| /operating_model/cells/base_2027q3_revenue:base/id | None | base_2027q3_revenue |
| /operating_model/cells/base_2027q3_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q3_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2027q3_revenue:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_revenue:base/value | None | 409.76000000000005 |
| /operating_model/cells/base_2027q3_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_sbc:base/case | None | base |
| /operating_model/cells/base_2027q3_sbc:base/id | None | base_2027q3_sbc |
| /operating_model/cells/base_2027q3_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2027q3_sbc:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_sbc:base/value | None | 6.2 |
| /operating_model/cells/base_2027q3_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q3_special_cash:base/case | None | base |
| /operating_model/cells/base_2027q3_special_cash:base/id | None | base_2027q3_special_cash |
| /operating_model/cells/base_2027q3_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2027q3_special_cash:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_special_cash:base/value | None | 1.0 |
| /operating_model/cells/base_2027q3_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2027q3_wc_source:base/case | None | base |
| /operating_model/cells/base_2027q3_wc_source:base/id | None | base_2027q3_wc_source |
| /operating_model/cells/base_2027q3_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2027q3_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2027q3_wc_source:base/period | None | 2027Q3 |
| /operating_model/cells/base_2027q3_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q3_wc_source:base/value | None | -10.0 |
| /operating_model/cells/base_2027q4_acquisition_cash:base/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/base_2027q4_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_acquisition_cash:base/id | None | base_2027q4_acquisition_cash |
| /operating_model/cells/base_2027q4_acquisition_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_acquisition_cash:base/label | None | Upfront AWM purchase cash |
| /operating_model/cells/base_2027q4_acquisition_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/formula/refs/0 | None | base_2027q4_core_ebitda |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/formula/refs/1 | None | base_2027q4_awm_ebitda |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/id | None | base_2027q4_adjusted_ebitda |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_adjusted_ebitda:base/value | None | 86.09200000000001 |
| /operating_model/cells/base_2027q4_apa_service_cash:base/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/base_2027q4_apa_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_apa_service_cash:base/id | None | base_2027q4_apa_service_cash |
| /operating_model/cells/base_2027q4_apa_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_apa_service_cash:base/label | None | APA service cash settlement |
| /operating_model/cells/base_2027q4_apa_service_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_apa_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_apa_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q4_apa_service_expense:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_apa_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q4_apa_service_expense:base/id | None | base_2027q4_apa_service_expense |
| /operating_model/cells/base_2027q4_apa_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_apa_service_expense:base/label | None | APA service-linked compensation expense |
| /operating_model/cells/base_2027q4_apa_service_expense:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_apa_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_apa_service_expense:base/value | None | 0.0 |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/id | None | base_2027q4_awm_eb_margin |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/label | None | AWM EBITDA margin |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_awm_eb_margin:base/value | None | 0.37 |
| /operating_model/cells/base_2027q4_awm_ebitda:base/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/base_2027q4_awm_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_awm_ebitda:base/formula/refs/0 | None | base_2027q4_awm_revenue |
| /operating_model/cells/base_2027q4_awm_ebitda:base/formula/refs/1 | None | base_2027q4_awm_eb_margin |
| /operating_model/cells/base_2027q4_awm_ebitda:base/id | None | base_2027q4_awm_ebitda |
| /operating_model/cells/base_2027q4_awm_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q4_awm_ebitda:base/label | None | AWM EBITDA contribution |
| /operating_model/cells/base_2027q4_awm_ebitda:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_awm_ebitda:base/value | None | 8.14 |
| /operating_model/cells/base_2027q4_awm_gm:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_awm_gm:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_gm:base/id | None | base_2027q4_awm_gm |
| /operating_model/cells/base_2027q4_awm_gm:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_awm_gm:base/label | None | AWM gross margin |
| /operating_model/cells/base_2027q4_awm_gm:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_gm:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_awm_gm:base/value | None | 0.52 |
| /operating_model/cells/base_2027q4_awm_gp:base/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/base_2027q4_awm_gp:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_awm_gp:base/formula/refs/0 | None | base_2027q4_awm_revenue |
| /operating_model/cells/base_2027q4_awm_gp:base/formula/refs/1 | None | base_2027q4_awm_gm |
| /operating_model/cells/base_2027q4_awm_gp:base/id | None | base_2027q4_awm_gp |
| /operating_model/cells/base_2027q4_awm_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q4_awm_gp:base/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/base_2027q4_awm_gp:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_awm_gp:base/value | None | 11.440000000000001 |
| /operating_model/cells/base_2027q4_awm_revenue:base/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/base_2027q4_awm_revenue:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_revenue:base/id | None | base_2027q4_awm_revenue |
| /operating_model/cells/base_2027q4_awm_revenue:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_awm_revenue:base/label | None | Consolidated AWM revenue |
| /operating_model/cells/base_2027q4_awm_revenue:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_awm_revenue:base/value | None | 22.0 |
| /operating_model/cells/base_2027q4_awm_service_cash:base/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/base_2027q4_awm_service_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_service_cash:base/id | None | base_2027q4_awm_service_cash |
| /operating_model/cells/base_2027q4_awm_service_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_awm_service_cash:base/label | None | AWM service cash settlement |
| /operating_model/cells/base_2027q4_awm_service_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_service_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_awm_service_cash:base/value | None | 0.0 |
| /operating_model/cells/base_2027q4_awm_service_expense:base/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/base_2027q4_awm_service_expense:base/case | None | base |
| /operating_model/cells/base_2027q4_awm_service_expense:base/id | None | base_2027q4_awm_service_expense |
| /operating_model/cells/base_2027q4_awm_service_expense:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_awm_service_expense:base/label | None | AWM service-linked compensation expense |
| /operating_model/cells/base_2027q4_awm_service_expense:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_awm_service_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_awm_service_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2027q4_below_fcf:base/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/base_2027q4_below_fcf:base/case | None | base |
| /operating_model/cells/base_2027q4_below_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_below_fcf:base/formula/refs/0 | None | base_2027q4_preferred_cash |
| /operating_model/cells/base_2027q4_below_fcf:base/formula/refs/1 | None | base_2027q4_acquisition_cash |
| /operating_model/cells/base_2027q4_below_fcf:base/formula/refs/2 | None | base_2027q4_contingent_cash |
| /operating_model/cells/base_2027q4_below_fcf:base/id | None | base_2027q4_below_fcf |
| /operating_model/cells/base_2027q4_below_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q4_below_fcf:base/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/base_2027q4_below_fcf:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_below_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_below_fcf:base/value | None | 16.606250000000003 |
| /operating_model/cells/base_2027q4_capex:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_capex:base/case | None | base |
| /operating_model/cells/base_2027q4_capex:base/id | None | base_2027q4_capex |
| /operating_model/cells/base_2027q4_capex:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_capex:base/label | None | PP&E cash spending |
| /operating_model/cells/base_2027q4_capex:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_capex:base/value | None | 9.0 |
| /operating_model/cells/base_2027q4_cash_after_claims:base/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/base_2027q4_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_2027q4_cash_after_claims:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q4_cash_after_claims:base/formula/refs/0 | None | base_2027q4_fcf |
| /operating_model/cells/base_2027q4_cash_after_claims:base/formula/refs/1 | None | base_2027q4_below_fcf |
| /operating_model/cells/base_2027q4_cash_after_claims:base/id | None | base_2027q4_cash_after_claims |
| /operating_model/cells/base_2027q4_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_2027q4_cash_after_claims:base/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/base_2027q4_cash_after_claims:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cash_after_claims:base/value | None | 53.66075000000002 |
| /operating_model/cells/base_2027q4_cash_before_uses:base/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/base_2027q4_cash_before_uses:base/case | None | base |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/refs/0 | None | base_2027q4_operating_income |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/refs/1 | None | base_2027q4_sbc |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/refs/2 | None | base_2027q4_da |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/refs/3 | None | base_2027q4_retention_expense |
| /operating_model/cells/base_2027q4_cash_before_uses:base/formula/refs/4 | None | base_2027q4_investment_income |
| /operating_model/cells/base_2027q4_cash_before_uses:base/id | None | base_2027q4_cash_before_uses |
| /operating_model/cells/base_2027q4_cash_before_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q4_cash_before_uses:base/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/base_2027q4_cash_before_uses:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cash_before_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cash_before_uses:base/value | None | 86.29200000000002 |
| /operating_model/cells/base_2027q4_cash_before_wc:base/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/base_2027q4_cash_before_wc:base/case | None | base |
| /operating_model/cells/base_2027q4_cash_before_wc:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q4_cash_before_wc:base/formula/refs/0 | None | base_2027q4_cash_before_uses |
| /operating_model/cells/base_2027q4_cash_before_wc:base/formula/refs/1 | None | base_2027q4_cash_uses |
| /operating_model/cells/base_2027q4_cash_before_wc:base/id | None | base_2027q4_cash_before_wc |
| /operating_model/cells/base_2027q4_cash_before_wc:base/kind | None | derived |
| /operating_model/cells/base_2027q4_cash_before_wc:base/label | None | Cash before operating working capital |
| /operating_model/cells/base_2027q4_cash_before_wc:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cash_before_wc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cash_before_wc:base/value | None | 69.26700000000002 |
| /operating_model/cells/base_2027q4_cash_tax:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_cash_tax:base/case | None | base |
| /operating_model/cells/base_2027q4_cash_tax:base/id | None | base_2027q4_cash_tax |
| /operating_model/cells/base_2027q4_cash_tax:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_cash_tax:base/label | None | Cash taxes |
| /operating_model/cells/base_2027q4_cash_tax:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cash_tax:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cash_tax:base/value | None | 15.0 |
| /operating_model/cells/base_2027q4_cash_uses:base/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/base_2027q4_cash_uses:base/case | None | base |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/0 | None | base_2027q4_apa_service_cash |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/1 | None | base_2027q4_awm_service_cash |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/2 | None | base_2027q4_debt_coupon |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/3 | None | base_2027q4_other_interest |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/4 | None | base_2027q4_cash_tax |
| /operating_model/cells/base_2027q4_cash_uses:base/formula/refs/5 | None | base_2027q4_no_extra_special |
| /operating_model/cells/base_2027q4_cash_uses:base/id | None | base_2027q4_cash_uses |
| /operating_model/cells/base_2027q4_cash_uses:base/kind | None | derived |
| /operating_model/cells/base_2027q4_cash_uses:base/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/base_2027q4_cash_uses:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cash_uses:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cash_uses:base/value | None | 17.025 |
| /operating_model/cells/base_2027q4_cfo:base/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/base_2027q4_cfo:base/case | None | base |
| /operating_model/cells/base_2027q4_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_cfo:base/formula/refs/0 | None | base_2027q4_cash_before_wc |
| /operating_model/cells/base_2027q4_cfo:base/formula/refs/1 | None | base_2027q4_wc_source |
| /operating_model/cells/base_2027q4_cfo:base/id | None | base_2027q4_cfo |
| /operating_model/cells/base_2027q4_cfo:base/kind | None | derived |
| /operating_model/cells/base_2027q4_cfo:base/label | None | Operating cash flow proxy |
| /operating_model/cells/base_2027q4_cfo:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cfo:base/value | None | 79.26700000000002 |
| /operating_model/cells/base_2027q4_cogs_amort:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_cogs_amort:base/case | None | base |
| /operating_model/cells/base_2027q4_cogs_amort:base/id | None | base_2027q4_cogs_amort |
| /operating_model/cells/base_2027q4_cogs_amort:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_cogs_amort:base/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/base_2027q4_cogs_amort:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_cogs_amort:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_cogs_amort:base/value | None | 6.7 |
| /operating_model/cells/base_2027q4_combined_gp:base/basis | None | Each business once. |
| /operating_model/cells/base_2027q4_combined_gp:base/case | None | base |
| /operating_model/cells/base_2027q4_combined_gp:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_combined_gp:base/formula/refs/0 | None | base_2027q4_core_adjusted_gp |
| /operating_model/cells/base_2027q4_combined_gp:base/formula/refs/1 | None | base_2027q4_awm_gp |
| /operating_model/cells/base_2027q4_combined_gp:base/id | None | base_2027q4_combined_gp |
| /operating_model/cells/base_2027q4_combined_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q4_combined_gp:base/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/base_2027q4_combined_gp:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_combined_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_combined_gp:base/value | None | 145.42000000000002 |
| /operating_model/cells/base_2027q4_contingent_cash:base/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/base_2027q4_contingent_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_contingent_cash:base/id | None | base_2027q4_contingent_cash |
| /operating_model/cells/base_2027q4_contingent_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_contingent_cash:base/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/base_2027q4_contingent_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_contingent_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_contingent_cash:base/value | None | 8.0 |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/case | None | base |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/formula/refs/0 | None | base_2027q4_core_revenue |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/formula/refs/1 | None | base_2027q4_core_gp_margin |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/id | None | base_2027q4_core_adjusted_gp |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/kind | None | derived |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_core_adjusted_gp:base/value | None | 133.98000000000002 |
| /operating_model/cells/base_2027q4_core_eb_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_core_eb_margin:base/case | None | base |
| /operating_model/cells/base_2027q4_core_eb_margin:base/id | None | base_2027q4_core_eb_margin |
| /operating_model/cells/base_2027q4_core_eb_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_core_eb_margin:base/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/base_2027q4_core_eb_margin:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_eb_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_core_eb_margin:base/value | None | 0.16 |
| /operating_model/cells/base_2027q4_core_ebitda:base/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/base_2027q4_core_ebitda:base/case | None | base |
| /operating_model/cells/base_2027q4_core_ebitda:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_core_ebitda:base/formula/refs/0 | None | base_2027q4_core_revenue |
| /operating_model/cells/base_2027q4_core_ebitda:base/formula/refs/1 | None | base_2027q4_core_eb_margin |
| /operating_model/cells/base_2027q4_core_ebitda:base/id | None | base_2027q4_core_ebitda |
| /operating_model/cells/base_2027q4_core_ebitda:base/kind | None | derived |
| /operating_model/cells/base_2027q4_core_ebitda:base/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/base_2027q4_core_ebitda:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_core_ebitda:base/value | None | 77.95200000000001 |
| /operating_model/cells/base_2027q4_core_gp_margin:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_core_gp_margin:base/case | None | base |
| /operating_model/cells/base_2027q4_core_gp_margin:base/id | None | base_2027q4_core_gp_margin |
| /operating_model/cells/base_2027q4_core_gp_margin:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_core_gp_margin:base/label | None | Adjusted gross margin |
| /operating_model/cells/base_2027q4_core_gp_margin:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_gp_margin:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_core_gp_margin:base/value | None | 0.275 |
| /operating_model/cells/base_2027q4_core_growth:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_core_growth:base/case | None | base |
| /operating_model/cells/base_2027q4_core_growth:base/id | None | base_2027q4_core_growth |
| /operating_model/cells/base_2027q4_core_growth:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_core_growth:base/label | None | Pre-AWM business expansion |
| /operating_model/cells/base_2027q4_core_growth:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_growth:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_core_growth:base/value | None | 1.12 |
| /operating_model/cells/base_2027q4_core_revenue:base/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/base_2027q4_core_revenue:base/case | None | base |
| /operating_model/cells/base_2027q4_core_revenue:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_core_revenue:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_2027q4_core_revenue:base/formula/refs/1 | None | base_2027q4_core_growth |
| /operating_model/cells/base_2027q4_core_revenue:base/formula/refs/2 | None | base_2027q4_core_season |
| /operating_model/cells/base_2027q4_core_revenue:base/id | None | base_2027q4_core_revenue |
| /operating_model/cells/base_2027q4_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q4_core_revenue:base/label | None | Revenue excluding AWM |
| /operating_model/cells/base_2027q4_core_revenue:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_core_revenue:base/value | None | 487.20000000000005 |
| /operating_model/cells/base_2027q4_core_season:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_core_season:base/case | None | base |
| /operating_model/cells/base_2027q4_core_season:base/id | None | base_2027q4_core_season |
| /operating_model/cells/base_2027q4_core_season:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_core_season:base/label | None | Annual quarter share |
| /operating_model/cells/base_2027q4_core_season:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_core_season:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_core_season:base/value | None | 0.3 |
| /operating_model/cells/base_2027q4_da:base/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/base_2027q4_da:base/case | None | base |
| /operating_model/cells/base_2027q4_da:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_da:base/formula/refs/0 | None | base_2027q4_cogs_amort |
| /operating_model/cells/base_2027q4_da:base/formula/refs/1 | None | base_2027q4_other_da |
| /operating_model/cells/base_2027q4_da:base/id | None | base_2027q4_da |
| /operating_model/cells/base_2027q4_da:base/kind | None | derived |
| /operating_model/cells/base_2027q4_da:base/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/base_2027q4_da:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_da:base/value | None | 18.7 |
| /operating_model/cells/base_2027q4_debt_coupon:base/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/base_2027q4_debt_coupon:base/case | None | base |
| /operating_model/cells/base_2027q4_debt_coupon:base/id | None | base_2027q4_debt_coupon |
| /operating_model/cells/base_2027q4_debt_coupon:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_debt_coupon:base/label | None | Convertible cash coupon |
| /operating_model/cells/base_2027q4_debt_coupon:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_debt_coupon:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_debt_coupon:base/value | None | 1.625 |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/case | None | base |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/formula/refs/0 | None | base_2027q4_retention_expense |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/formula/refs/1 | None | base_2027q4_special_cash |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/formula/refs/2 | None | base_2027q4_sbc |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/formula/refs/3 | None | base_2027q4_da |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/id | None | base_2027q4_ebitda_to_gaap |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/kind | None | derived |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_ebitda_to_gaap:base/value | None | 27.45 |
| /operating_model/cells/base_2027q4_fcf:base/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/base_2027q4_fcf:base/case | None | base |
| /operating_model/cells/base_2027q4_fcf:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q4_fcf:base/formula/refs/0 | None | base_2027q4_cfo |
| /operating_model/cells/base_2027q4_fcf:base/formula/refs/1 | None | base_2027q4_capex |
| /operating_model/cells/base_2027q4_fcf:base/id | None | base_2027q4_fcf |
| /operating_model/cells/base_2027q4_fcf:base/kind | None | derived |
| /operating_model/cells/base_2027q4_fcf:base/label | None | CFO less capex |
| /operating_model/cells/base_2027q4_fcf:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_fcf:base/value | None | 70.26700000000002 |
| /operating_model/cells/base_2027q4_gross_profit:base/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/base_2027q4_gross_profit:base/case | None | base |
| /operating_model/cells/base_2027q4_gross_profit:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q4_gross_profit:base/formula/refs/0 | None | base_2027q4_combined_gp |
| /operating_model/cells/base_2027q4_gross_profit:base/formula/refs/1 | None | base_2027q4_cogs_amort |
| /operating_model/cells/base_2027q4_gross_profit:base/id | None | base_2027q4_gross_profit |
| /operating_model/cells/base_2027q4_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_2027q4_gross_profit:base/label | None | GAAP gross profit proxy |
| /operating_model/cells/base_2027q4_gross_profit:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_gross_profit:base/value | None | 138.72000000000003 |
| /operating_model/cells/base_2027q4_investment_income:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_investment_income:base/case | None | base |
| /operating_model/cells/base_2027q4_investment_income:base/id | None | base_2027q4_investment_income |
| /operating_model/cells/base_2027q4_investment_income:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_investment_income:base/label | None | Cash investment income |
| /operating_model/cells/base_2027q4_investment_income:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_investment_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_investment_income:base/value | None | 1.2 |
| /operating_model/cells/base_2027q4_no_extra_special:base/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/base_2027q4_no_extra_special:base/case | None | base |
| /operating_model/cells/base_2027q4_no_extra_special:base/id | None | base_2027q4_no_extra_special |
| /operating_model/cells/base_2027q4_no_extra_special:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_no_extra_special:base/label | None | Additional special-cost deduction |
| /operating_model/cells/base_2027q4_no_extra_special:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_no_extra_special:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_no_extra_special:base/value | None | 0.0 |
| /operating_model/cells/base_2027q4_operating_income:base/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/base_2027q4_operating_income:base/case | None | base |
| /operating_model/cells/base_2027q4_operating_income:base/formula/op | None | subtract |
| /operating_model/cells/base_2027q4_operating_income:base/formula/refs/0 | None | base_2027q4_adjusted_ebitda |
| /operating_model/cells/base_2027q4_operating_income:base/formula/refs/1 | None | base_2027q4_ebitda_to_gaap |
| /operating_model/cells/base_2027q4_operating_income:base/id | None | base_2027q4_operating_income |
| /operating_model/cells/base_2027q4_operating_income:base/kind | None | derived |
| /operating_model/cells/base_2027q4_operating_income:base/label | None | GAAP operating income proxy |
| /operating_model/cells/base_2027q4_operating_income:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_operating_income:base/value | None | 58.64200000000001 |
| /operating_model/cells/base_2027q4_other_da:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_other_da:base/case | None | base |
| /operating_model/cells/base_2027q4_other_da:base/id | None | base_2027q4_other_da |
| /operating_model/cells/base_2027q4_other_da:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_other_da:base/label | None | Other depreciation/amortization |
| /operating_model/cells/base_2027q4_other_da:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_other_da:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_other_da:base/value | None | 12.0 |
| /operating_model/cells/base_2027q4_other_interest:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_other_interest:base/case | None | base |
| /operating_model/cells/base_2027q4_other_interest:base/id | None | base_2027q4_other_interest |
| /operating_model/cells/base_2027q4_other_interest:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_other_interest:base/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/base_2027q4_other_interest:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_other_interest:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_other_interest:base/value | None | 0.4 |
| /operating_model/cells/base_2027q4_preferred_base:base/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/base_2027q4_preferred_base:base/case | None | base |
| /operating_model/cells/base_2027q4_preferred_base:base/id | None | base_2027q4_preferred_base |
| /operating_model/cells/base_2027q4_preferred_base:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_preferred_base:base/label | None | Preferred liquidation proxy |
| /operating_model/cells/base_2027q4_preferred_base:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_preferred_base:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_preferred_base:base/value | None | 510.0 |
| /operating_model/cells/base_2027q4_preferred_cash:base/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/base_2027q4_preferred_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_preferred_cash:base/formula/op | None | multiply |
| /operating_model/cells/base_2027q4_preferred_cash:base/formula/refs/0 | None | base_2027q4_preferred_base |
| /operating_model/cells/base_2027q4_preferred_cash:base/formula/refs/1 | None | base_2027q4_preferred_rate |
| /operating_model/cells/base_2027q4_preferred_cash:base/formula/refs/2 | None | base_2027q4_quarter |
| /operating_model/cells/base_2027q4_preferred_cash:base/id | None | base_2027q4_preferred_cash |
| /operating_model/cells/base_2027q4_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_2027q4_preferred_cash:base/label | None | Preferred cash dividend allowance |
| /operating_model/cells/base_2027q4_preferred_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_preferred_cash:base/value | None | 8.606250000000001 |
| /operating_model/cells/base_2027q4_preferred_rate:base/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/base_2027q4_preferred_rate:base/case | None | base |
| /operating_model/cells/base_2027q4_preferred_rate:base/id | None | base_2027q4_preferred_rate |
| /operating_model/cells/base_2027q4_preferred_rate:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_preferred_rate:base/label | None | Cash dividend rate |
| /operating_model/cells/base_2027q4_preferred_rate:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_preferred_rate:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_preferred_rate:base/value | None | 0.0675 |
| /operating_model/cells/base_2027q4_quarter:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_quarter:base/case | None | base |
| /operating_model/cells/base_2027q4_quarter:base/id | None | base_2027q4_quarter |
| /operating_model/cells/base_2027q4_quarter:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_quarter:base/label | None | Quarter year fraction |
| /operating_model/cells/base_2027q4_quarter:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_quarter:base/unit | None | ratio |
| /operating_model/cells/base_2027q4_quarter:base/value | None | 0.25 |
| /operating_model/cells/base_2027q4_retention_expense:base/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/base_2027q4_retention_expense:base/case | None | base |
| /operating_model/cells/base_2027q4_retention_expense:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_retention_expense:base/formula/refs/0 | None | base_2027q4_apa_service_expense |
| /operating_model/cells/base_2027q4_retention_expense:base/formula/refs/1 | None | base_2027q4_awm_service_expense |
| /operating_model/cells/base_2027q4_retention_expense:base/id | None | base_2027q4_retention_expense |
| /operating_model/cells/base_2027q4_retention_expense:base/kind | None | derived |
| /operating_model/cells/base_2027q4_retention_expense:base/label | None | Combined service-linked compensation |
| /operating_model/cells/base_2027q4_retention_expense:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_retention_expense:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_retention_expense:base/value | None | 1.25 |
| /operating_model/cells/base_2027q4_revenue:base/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/base_2027q4_revenue:base/case | None | base |
| /operating_model/cells/base_2027q4_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_2027q4_revenue:base/formula/refs/0 | None | base_2027q4_core_revenue |
| /operating_model/cells/base_2027q4_revenue:base/formula/refs/1 | None | base_2027q4_awm_revenue |
| /operating_model/cells/base_2027q4_revenue:base/id | None | base_2027q4_revenue |
| /operating_model/cells/base_2027q4_revenue:base/kind | None | derived |
| /operating_model/cells/base_2027q4_revenue:base/label | None | Consolidated revenue |
| /operating_model/cells/base_2027q4_revenue:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_revenue:base/value | None | 509.20000000000005 |
| /operating_model/cells/base_2027q4_sbc:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_sbc:base/case | None | base |
| /operating_model/cells/base_2027q4_sbc:base/id | None | base_2027q4_sbc |
| /operating_model/cells/base_2027q4_sbc:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_sbc:base/label | None | Ordinary equity compensation |
| /operating_model/cells/base_2027q4_sbc:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_sbc:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_sbc:base/value | None | 6.5 |
| /operating_model/cells/base_2027q4_special_cash:base/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/base_2027q4_special_cash:base/case | None | base |
| /operating_model/cells/base_2027q4_special_cash:base/id | None | base_2027q4_special_cash |
| /operating_model/cells/base_2027q4_special_cash:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_special_cash:base/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/base_2027q4_special_cash:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_special_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_special_cash:base/value | None | 1.0 |
| /operating_model/cells/base_2027q4_wc_source:base/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/base_2027q4_wc_source:base/case | None | base |
| /operating_model/cells/base_2027q4_wc_source:base/id | None | base_2027q4_wc_source |
| /operating_model/cells/base_2027q4_wc_source:base/kind | None | assumption |
| /operating_model/cells/base_2027q4_wc_source:base/label | None | Net working-capital cash source |
| /operating_model/cells/base_2027q4_wc_source:base/period | None | 2027Q4 |
| /operating_model/cells/base_2027q4_wc_source:base/unit | None | USD_millions |
| /operating_model/cells/base_2027q4_wc_source:base/value | None | 10.0 |
| /operating_model/cells/base_core_target:base/basis | None | Base is guided midpoint; other cases are desk delivery sensitivities. |
| /operating_model/cells/base_core_target:base/case | None | base |
| /operating_model/cells/base_core_target:base/id | None | base_core_target |
| /operating_model/cells/base_core_target:base/kind | None | assumption |
| /operating_model/cells/base_core_target:base/label | None | Annual pre-AWM revenue scenario |
| /operating_model/cells/base_core_target:base/period | None | FY2026 |
| /operating_model/cells/base_core_target:base/unit | None | USD_millions |
| /operating_model/cells/base_core_target:base/value | None | 1450.0 |
| /operating_model/cells/base_eb_target:base/basis | None | Base is guidance midpoint; no AWM in this amount. |
| /operating_model/cells/base_eb_target:base/case | None | base |
| /operating_model/cells/base_eb_target:base/id | None | base_eb_target |
| /operating_model/cells/base_eb_target:base/kind | None | assumption |
| /operating_model/cells/base_eb_target:base/label | None | Annual pre-AWM adjusted EBITDA scenario |
| /operating_model/cells/base_eb_target:base/period | None | FY2026 |
| /operating_model/cells/base_eb_target:base/unit | None | USD_millions |
| /operating_model/cells/base_eb_target:base/value | None | 220.0 |
| /operating_model/cells/base_fy2026_acquisition_cash:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_fy2026_acquisition_cash:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_acquisition_cash:base/formula/refs/0 | None | h1_acquisition_cash |
| /operating_model/cells/base_fy2026_acquisition_cash:base/formula/refs/1 | None | base_2026q3_acquisition_cash |
| /operating_model/cells/base_fy2026_acquisition_cash:base/formula/refs/2 | None | base_2026q4_acquisition_cash |
| /operating_model/cells/base_fy2026_acquisition_cash:base/id | None | base_fy2026_acquisition_cash |
| /operating_model/cells/base_fy2026_acquisition_cash:base/kind | None | derived |
| /operating_model/cells/base_fy2026_acquisition_cash:base/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/base_fy2026_acquisition_cash:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_acquisition_cash:base/value | None | 165.0 |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/formula/refs/1 | None | base_2026q3_adjusted_ebitda |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/formula/refs/2 | None | base_2026q4_adjusted_ebitda |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/id | None | base_fy2026_adjusted_ebitda |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_adjusted_ebitda:base/value | None | 228.51 |
| /operating_model/cells/base_fy2026_awm_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_awm_revenue:base/case | None | base |
| /operating_model/cells/base_fy2026_awm_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_awm_revenue:base/formula/refs/0 | None | h1_awm_revenue |
| /operating_model/cells/base_fy2026_awm_revenue:base/formula/refs/1 | None | base_2026q3_awm_revenue |
| /operating_model/cells/base_fy2026_awm_revenue:base/formula/refs/2 | None | base_2026q4_awm_revenue |
| /operating_model/cells/base_fy2026_awm_revenue:base/id | None | base_fy2026_awm_revenue |
| /operating_model/cells/base_fy2026_awm_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2026_awm_revenue:base/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/base_fy2026_awm_revenue:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_awm_revenue:base/value | None | 23.0 |
| /operating_model/cells/base_fy2026_capex:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_capex:base/case | None | base |
| /operating_model/cells/base_fy2026_capex:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_capex:base/formula/refs/0 | None | h1_capex |
| /operating_model/cells/base_fy2026_capex:base/formula/refs/1 | None | base_2026q3_capex |
| /operating_model/cells/base_fy2026_capex:base/formula/refs/2 | None | base_2026q4_capex |
| /operating_model/cells/base_fy2026_capex:base/id | None | base_fy2026_capex |
| /operating_model/cells/base_fy2026_capex:base/kind | None | derived |
| /operating_model/cells/base_fy2026_capex:base/label | None | Cash capex ($M) |
| /operating_model/cells/base_fy2026_capex:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_capex:base/value | None | 31.144 |
| /operating_model/cells/base_fy2026_cash_after_claims:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_fy2026_cash_after_claims:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_cash_after_claims:base/formula/refs/0 | None | h1_cash_after_claims |
| /operating_model/cells/base_fy2026_cash_after_claims:base/formula/refs/1 | None | base_2026q3_cash_after_claims |
| /operating_model/cells/base_fy2026_cash_after_claims:base/formula/refs/2 | None | base_2026q4_cash_after_claims |
| /operating_model/cells/base_fy2026_cash_after_claims:base/id | None | base_fy2026_cash_after_claims |
| /operating_model/cells/base_fy2026_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_fy2026_cash_after_claims:base/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/base_fy2026_cash_after_claims:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_cash_after_claims:base/value | None | -151.1670941780822 |
| /operating_model/cells/base_fy2026_cfo:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_cfo:base/case | None | base |
| /operating_model/cells/base_fy2026_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_cfo:base/formula/refs/0 | None | h1_cfo |
| /operating_model/cells/base_fy2026_cfo:base/formula/refs/1 | None | base_2026q3_cfo |
| /operating_model/cells/base_fy2026_cfo:base/formula/refs/2 | None | base_2026q4_cfo |
| /operating_model/cells/base_fy2026_cfo:base/id | None | base_fy2026_cfo |
| /operating_model/cells/base_fy2026_cfo:base/kind | None | derived |
| /operating_model/cells/base_fy2026_cfo:base/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/base_fy2026_cfo:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_cfo:base/value | None | 71.48840582191781 |
| /operating_model/cells/base_fy2026_core_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_core_revenue:base/case | None | base |
| /operating_model/cells/base_fy2026_core_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_core_revenue:base/formula/refs/0 | None | h1_core_revenue |
| /operating_model/cells/base_fy2026_core_revenue:base/formula/refs/1 | None | base_2026q3_core_revenue |
| /operating_model/cells/base_fy2026_core_revenue:base/formula/refs/2 | None | base_2026q4_core_revenue |
| /operating_model/cells/base_fy2026_core_revenue:base/id | None | base_fy2026_core_revenue |
| /operating_model/cells/base_fy2026_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2026_core_revenue:base/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/base_fy2026_core_revenue:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_core_revenue:base/value | None | 1450.0 |
| /operating_model/cells/base_fy2026_fcf:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_fcf:base/case | None | base |
| /operating_model/cells/base_fy2026_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_fcf:base/formula/refs/0 | None | h1_fcf |
| /operating_model/cells/base_fy2026_fcf:base/formula/refs/1 | None | base_2026q3_fcf |
| /operating_model/cells/base_fy2026_fcf:base/formula/refs/2 | None | base_2026q4_fcf |
| /operating_model/cells/base_fy2026_fcf:base/id | None | base_fy2026_fcf |
| /operating_model/cells/base_fy2026_fcf:base/kind | None | derived |
| /operating_model/cells/base_fy2026_fcf:base/label | None | CFO less capex ($M) |
| /operating_model/cells/base_fy2026_fcf:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_fcf:base/value | None | 40.34440582191781 |
| /operating_model/cells/base_fy2026_gross_profit:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_gross_profit:base/case | None | base |
| /operating_model/cells/base_fy2026_gross_profit:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_gross_profit:base/formula/refs/0 | None | h1_gross_profit |
| /operating_model/cells/base_fy2026_gross_profit:base/formula/refs/1 | None | base_2026q3_gross_profit |
| /operating_model/cells/base_fy2026_gross_profit:base/formula/refs/2 | None | base_2026q4_gross_profit |
| /operating_model/cells/base_fy2026_gross_profit:base/id | None | base_fy2026_gross_profit |
| /operating_model/cells/base_fy2026_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_fy2026_gross_profit:base/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/base_fy2026_gross_profit:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_gross_profit:base/value | None | 386.701 |
| /operating_model/cells/base_fy2026_operating_income:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_operating_income:base/case | None | base |
| /operating_model/cells/base_fy2026_operating_income:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_operating_income:base/formula/refs/0 | None | h1_operating_income |
| /operating_model/cells/base_fy2026_operating_income:base/formula/refs/1 | None | base_2026q3_operating_income |
| /operating_model/cells/base_fy2026_operating_income:base/formula/refs/2 | None | base_2026q4_operating_income |
| /operating_model/cells/base_fy2026_operating_income:base/id | None | base_fy2026_operating_income |
| /operating_model/cells/base_fy2026_operating_income:base/kind | None | derived |
| /operating_model/cells/base_fy2026_operating_income:base/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/base_fy2026_operating_income:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_operating_income:base/value | None | 115.63033333333334 |
| /operating_model/cells/base_fy2026_preferred_cash:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_preferred_cash:base/case | None | base |
| /operating_model/cells/base_fy2026_preferred_cash:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_preferred_cash:base/formula/refs/0 | None | h1_preferred_cash |
| /operating_model/cells/base_fy2026_preferred_cash:base/formula/refs/1 | None | base_2026q3_preferred_cash |
| /operating_model/cells/base_fy2026_preferred_cash:base/formula/refs/2 | None | base_2026q4_preferred_cash |
| /operating_model/cells/base_fy2026_preferred_cash:base/id | None | base_fy2026_preferred_cash |
| /operating_model/cells/base_fy2026_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_fy2026_preferred_cash:base/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/base_fy2026_preferred_cash:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_preferred_cash:base/value | None | 15.9375 |
| /operating_model/cells/base_fy2026_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2026_revenue:base/case | None | base |
| /operating_model/cells/base_fy2026_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2026_revenue:base/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/base_fy2026_revenue:base/formula/refs/1 | None | base_2026q3_revenue |
| /operating_model/cells/base_fy2026_revenue:base/formula/refs/2 | None | base_2026q4_revenue |
| /operating_model/cells/base_fy2026_revenue:base/id | None | base_fy2026_revenue |
| /operating_model/cells/base_fy2026_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2026_revenue:base/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/base_fy2026_revenue:base/period | None | FY2026 |
| /operating_model/cells/base_fy2026_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2026_revenue:base/value | None | 1473.0 |
| /operating_model/cells/base_fy2027_acquisition_cash:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_acquisition_cash:base/case | None | base |
| /operating_model/cells/base_fy2027_acquisition_cash:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_acquisition_cash:base/formula/refs/0 | None | base_2027q1_acquisition_cash |
| /operating_model/cells/base_fy2027_acquisition_cash:base/formula/refs/1 | None | base_2027q2_acquisition_cash |
| /operating_model/cells/base_fy2027_acquisition_cash:base/formula/refs/2 | None | base_2027q3_acquisition_cash |
| /operating_model/cells/base_fy2027_acquisition_cash:base/formula/refs/3 | None | base_2027q4_acquisition_cash |
| /operating_model/cells/base_fy2027_acquisition_cash:base/id | None | base_fy2027_acquisition_cash |
| /operating_model/cells/base_fy2027_acquisition_cash:base/kind | None | derived |
| /operating_model/cells/base_fy2027_acquisition_cash:base/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/base_fy2027_acquisition_cash:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_acquisition_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_acquisition_cash:base/value | None | 0.0 |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/case | None | base |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/formula/refs/0 | None | base_2027q1_adjusted_ebitda |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/formula/refs/1 | None | base_2027q2_adjusted_ebitda |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/formula/refs/2 | None | base_2027q3_adjusted_ebitda |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/formula/refs/3 | None | base_2027q4_adjusted_ebitda |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/id | None | base_fy2027_adjusted_ebitda |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/kind | None | derived |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_adjusted_ebitda:base/value | None | 288.33000000000004 |
| /operating_model/cells/base_fy2027_awm_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_awm_revenue:base/case | None | base |
| /operating_model/cells/base_fy2027_awm_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_awm_revenue:base/formula/refs/0 | None | base_2027q1_awm_revenue |
| /operating_model/cells/base_fy2027_awm_revenue:base/formula/refs/1 | None | base_2027q2_awm_revenue |
| /operating_model/cells/base_fy2027_awm_revenue:base/formula/refs/2 | None | base_2027q3_awm_revenue |
| /operating_model/cells/base_fy2027_awm_revenue:base/formula/refs/3 | None | base_2027q4_awm_revenue |
| /operating_model/cells/base_fy2027_awm_revenue:base/id | None | base_fy2027_awm_revenue |
| /operating_model/cells/base_fy2027_awm_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2027_awm_revenue:base/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/base_fy2027_awm_revenue:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_awm_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_awm_revenue:base/value | None | 77.0 |
| /operating_model/cells/base_fy2027_capex:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_capex:base/case | None | base |
| /operating_model/cells/base_fy2027_capex:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_capex:base/formula/refs/0 | None | base_2027q1_capex |
| /operating_model/cells/base_fy2027_capex:base/formula/refs/1 | None | base_2027q2_capex |
| /operating_model/cells/base_fy2027_capex:base/formula/refs/2 | None | base_2027q3_capex |
| /operating_model/cells/base_fy2027_capex:base/formula/refs/3 | None | base_2027q4_capex |
| /operating_model/cells/base_fy2027_capex:base/id | None | base_fy2027_capex |
| /operating_model/cells/base_fy2027_capex:base/kind | None | derived |
| /operating_model/cells/base_fy2027_capex:base/label | None | Cash capex ($M) |
| /operating_model/cells/base_fy2027_capex:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_capex:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_capex:base/value | None | 36.0 |
| /operating_model/cells/base_fy2027_cash_after_claims:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_cash_after_claims:base/case | None | base |
| /operating_model/cells/base_fy2027_cash_after_claims:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_cash_after_claims:base/formula/refs/0 | None | base_2027q1_cash_after_claims |
| /operating_model/cells/base_fy2027_cash_after_claims:base/formula/refs/1 | None | base_2027q2_cash_after_claims |
| /operating_model/cells/base_fy2027_cash_after_claims:base/formula/refs/2 | None | base_2027q3_cash_after_claims |
| /operating_model/cells/base_fy2027_cash_after_claims:base/formula/refs/3 | None | base_2027q4_cash_after_claims |
| /operating_model/cells/base_fy2027_cash_after_claims:base/id | None | base_fy2027_cash_after_claims |
| /operating_model/cells/base_fy2027_cash_after_claims:base/kind | None | derived |
| /operating_model/cells/base_fy2027_cash_after_claims:base/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/base_fy2027_cash_after_claims:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_cash_after_claims:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_cash_after_claims:base/value | None | 198.29359417808223 |
| /operating_model/cells/base_fy2027_cfo:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_cfo:base/case | None | base |
| /operating_model/cells/base_fy2027_cfo:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_cfo:base/formula/refs/0 | None | base_2027q1_cfo |
| /operating_model/cells/base_fy2027_cfo:base/formula/refs/1 | None | base_2027q2_cfo |
| /operating_model/cells/base_fy2027_cfo:base/formula/refs/2 | None | base_2027q3_cfo |
| /operating_model/cells/base_fy2027_cfo:base/formula/refs/3 | None | base_2027q4_cfo |
| /operating_model/cells/base_fy2027_cfo:base/id | None | base_fy2027_cfo |
| /operating_model/cells/base_fy2027_cfo:base/kind | None | derived |
| /operating_model/cells/base_fy2027_cfo:base/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/base_fy2027_cfo:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_cfo:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_cfo:base/value | None | 279.1694691780823 |
| /operating_model/cells/base_fy2027_core_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_core_revenue:base/case | None | base |
| /operating_model/cells/base_fy2027_core_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_core_revenue:base/formula/refs/0 | None | base_2027q1_core_revenue |
| /operating_model/cells/base_fy2027_core_revenue:base/formula/refs/1 | None | base_2027q2_core_revenue |
| /operating_model/cells/base_fy2027_core_revenue:base/formula/refs/2 | None | base_2027q3_core_revenue |
| /operating_model/cells/base_fy2027_core_revenue:base/formula/refs/3 | None | base_2027q4_core_revenue |
| /operating_model/cells/base_fy2027_core_revenue:base/id | None | base_fy2027_core_revenue |
| /operating_model/cells/base_fy2027_core_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2027_core_revenue:base/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/base_fy2027_core_revenue:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_core_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_core_revenue:base/value | None | 1624.0000000000002 |
| /operating_model/cells/base_fy2027_fcf:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_fcf:base/case | None | base |
| /operating_model/cells/base_fy2027_fcf:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_fcf:base/formula/refs/0 | None | base_2027q1_fcf |
| /operating_model/cells/base_fy2027_fcf:base/formula/refs/1 | None | base_2027q2_fcf |
| /operating_model/cells/base_fy2027_fcf:base/formula/refs/2 | None | base_2027q3_fcf |
| /operating_model/cells/base_fy2027_fcf:base/formula/refs/3 | None | base_2027q4_fcf |
| /operating_model/cells/base_fy2027_fcf:base/id | None | base_fy2027_fcf |
| /operating_model/cells/base_fy2027_fcf:base/kind | None | derived |
| /operating_model/cells/base_fy2027_fcf:base/label | None | CFO less capex ($M) |
| /operating_model/cells/base_fy2027_fcf:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_fcf:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_fcf:base/value | None | 243.16946917808227 |
| /operating_model/cells/base_fy2027_gross_profit:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_gross_profit:base/case | None | base |
| /operating_model/cells/base_fy2027_gross_profit:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_gross_profit:base/formula/refs/0 | None | base_2027q1_gross_profit |
| /operating_model/cells/base_fy2027_gross_profit:base/formula/refs/1 | None | base_2027q2_gross_profit |
| /operating_model/cells/base_fy2027_gross_profit:base/formula/refs/2 | None | base_2027q3_gross_profit |
| /operating_model/cells/base_fy2027_gross_profit:base/formula/refs/3 | None | base_2027q4_gross_profit |
| /operating_model/cells/base_fy2027_gross_profit:base/id | None | base_fy2027_gross_profit |
| /operating_model/cells/base_fy2027_gross_profit:base/kind | None | derived |
| /operating_model/cells/base_fy2027_gross_profit:base/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/base_fy2027_gross_profit:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_gross_profit:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_gross_profit:base/value | None | 459.8400000000001 |
| /operating_model/cells/base_fy2027_operating_income:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_operating_income:base/case | None | base |
| /operating_model/cells/base_fy2027_operating_income:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_operating_income:base/formula/refs/0 | None | base_2027q1_operating_income |
| /operating_model/cells/base_fy2027_operating_income:base/formula/refs/1 | None | base_2027q2_operating_income |
| /operating_model/cells/base_fy2027_operating_income:base/formula/refs/2 | None | base_2027q3_operating_income |
| /operating_model/cells/base_fy2027_operating_income:base/formula/refs/3 | None | base_2027q4_operating_income |
| /operating_model/cells/base_fy2027_operating_income:base/id | None | base_fy2027_operating_income |
| /operating_model/cells/base_fy2027_operating_income:base/kind | None | derived |
| /operating_model/cells/base_fy2027_operating_income:base/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/base_fy2027_operating_income:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_operating_income:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_operating_income:base/value | None | 167.83000000000004 |
| /operating_model/cells/base_fy2027_preferred_cash:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_preferred_cash:base/case | None | base |
| /operating_model/cells/base_fy2027_preferred_cash:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_preferred_cash:base/formula/refs/0 | None | base_2027q1_preferred_cash |
| /operating_model/cells/base_fy2027_preferred_cash:base/formula/refs/1 | None | base_2027q2_preferred_cash |
| /operating_model/cells/base_fy2027_preferred_cash:base/formula/refs/2 | None | base_2027q3_preferred_cash |
| /operating_model/cells/base_fy2027_preferred_cash:base/formula/refs/3 | None | base_2027q4_preferred_cash |
| /operating_model/cells/base_fy2027_preferred_cash:base/id | None | base_fy2027_preferred_cash |
| /operating_model/cells/base_fy2027_preferred_cash:base/kind | None | derived |
| /operating_model/cells/base_fy2027_preferred_cash:base/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/base_fy2027_preferred_cash:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_preferred_cash:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_preferred_cash:base/value | None | 32.875875 |
| /operating_model/cells/base_fy2027_revenue:base/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/base_fy2027_revenue:base/case | None | base |
| /operating_model/cells/base_fy2027_revenue:base/formula/op | None | sum |
| /operating_model/cells/base_fy2027_revenue:base/formula/refs/0 | None | base_2027q1_revenue |
| /operating_model/cells/base_fy2027_revenue:base/formula/refs/1 | None | base_2027q2_revenue |
| /operating_model/cells/base_fy2027_revenue:base/formula/refs/2 | None | base_2027q3_revenue |
| /operating_model/cells/base_fy2027_revenue:base/formula/refs/3 | None | base_2027q4_revenue |
| /operating_model/cells/base_fy2027_revenue:base/id | None | base_fy2027_revenue |
| /operating_model/cells/base_fy2027_revenue:base/kind | None | derived |
| /operating_model/cells/base_fy2027_revenue:base/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/base_fy2027_revenue:base/period | None | FY2027 |
| /operating_model/cells/base_fy2027_revenue:base/unit | None | USD_millions |
| /operating_model/cells/base_fy2027_revenue:base/value | None | 1701.0000000000002 |
| /operating_model/cells/base_gm:base/basis | None | Base 27.5% is midpoint of 27%-28% company range. |
| /operating_model/cells/base_gm:base/case | None | base |
| /operating_model/cells/base_gm:base/id | None | base_gm |
| /operating_model/cells/base_gm:base/kind | None | assumption |
| /operating_model/cells/base_gm:base/label | None | Annual adjusted gross margin |
| /operating_model/cells/base_gm:base/period | None | FY2026 |
| /operating_model/cells/base_gm:base/unit | None | ratio |
| /operating_model/cells/base_gm:base/value | None | 0.275 |
| /operating_model/cells/base_gp_target:base/basis | None | Includes rebates once through product economics. |
| /operating_model/cells/base_gp_target:base/case | None | base |
| /operating_model/cells/base_gp_target:base/formula/op | None | multiply |
| /operating_model/cells/base_gp_target:base/formula/refs/0 | None | base_core_target |
| /operating_model/cells/base_gp_target:base/formula/refs/1 | None | base_gm |
| /operating_model/cells/base_gp_target:base/id | None | base_gp_target |
| /operating_model/cells/base_gp_target:base/kind | None | derived |
| /operating_model/cells/base_gp_target:base/label | None | Annual pre-AWM adjusted gross profit |
| /operating_model/cells/base_gp_target:base/period | None | FY2026 |
| /operating_model/cells/base_gp_target:base/unit | None | USD_millions |
| /operating_model/cells/base_gp_target:base/value | None | 398.75000000000006 |
| /operating_model/cells/cash:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/cash:shared/case | None | shared |
| /operating_model/cells/cash:shared/id | None | cash |
| /operating_model/cells/cash:shared/kind | None | reported |
| /operating_model/cells/cash:shared/label | None | cash |
| /operating_model/cells/cash:shared/period | None | June-August 2026 |
| /operating_model/cells/cash:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/cash:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/cash:shared/unit | None | USD_millions |
| /operating_model/cells/cash:shared/value | None | 307.302 |
| /operating_model/cells/cash_less_purchase:shared/basis | None | Not an actual closing cash balance: intervening operations, preferred cash and APA payments are excluded. |
| /operating_model/cells/cash_less_purchase:shared/case | None | shared |
| /operating_model/cells/cash_less_purchase:shared/formula/op | None | subtract |
| /operating_model/cells/cash_less_purchase:shared/formula/refs/0 | None | cash |
| /operating_model/cells/cash_less_purchase:shared/formula/refs/1 | None | awm_cash |
| /operating_model/cells/cash_less_purchase:shared/id | None | cash_less_purchase |
| /operating_model/cells/cash_less_purchase:shared/kind | None | derived |
| /operating_model/cells/cash_less_purchase:shared/label | None | June cash less August purchase only |
| /operating_model/cells/cash_less_purchase:shared/period | None | Mechanical reference |
| /operating_model/cells/cash_less_purchase:shared/unit | None | USD_millions |
| /operating_model/cells/cash_less_purchase:shared/value | None | 142.30200000000002 |
| /operating_model/cells/contract_assets:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/contract_assets:shared/case | None | shared |
| /operating_model/cells/contract_assets:shared/id | None | contract_assets |
| /operating_model/cells/contract_assets:shared/kind | None | reported |
| /operating_model/cells/contract_assets:shared/label | None | contract assets |
| /operating_model/cells/contract_assets:shared/period | None | June-August 2026 |
| /operating_model/cells/contract_assets:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/contract_assets:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/contract_assets:shared/unit | None | USD_millions |
| /operating_model/cells/contract_assets:shared/value | None | 98.2 |
| /operating_model/cells/debt_2028:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/debt_2028:shared/case | None | shared |
| /operating_model/cells/debt_2028:shared/id | None | debt_2028 |
| /operating_model/cells/debt_2028:shared/kind | None | reported |
| /operating_model/cells/debt_2028:shared/label | None | debt 2028 |
| /operating_model/cells/debt_2028:shared/period | None | June-August 2026 |
| /operating_model/cells/debt_2028:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/debt_2028:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/debt_2028:shared/unit | None | USD_millions |
| /operating_model/cells/debt_2028:shared/value | None | 325.0 |
| /operating_model/cells/debt_2031:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/debt_2031:shared/case | None | shared |
| /operating_model/cells/debt_2031:shared/id | None | debt_2031 |
| /operating_model/cells/debt_2031:shared/kind | None | reported |
| /operating_model/cells/debt_2031:shared/label | None | debt 2031 |
| /operating_model/cells/debt_2031:shared/period | None | June-August 2026 |
| /operating_model/cells/debt_2031:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/debt_2031:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/debt_2031:shared/unit | None | USD_millions |
| /operating_model/cells/debt_2031:shared/value | None | 345.0 |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/id | None | downside_2026q3_acquisition_cash |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_acquisition_cash:downside/value | None | 165.0 |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/formula/refs/0 | None | downside_2026q3_core_ebitda |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/formula/refs/1 | None | downside_2026q3_awm_ebitda |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/id | None | downside_2026q3_adjusted_ebitda |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_adjusted_ebitda:downside/value | None | 34.2 |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/id | None | downside_2026q3_apa_service_cash |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_apa_service_cash:downside/value | None | 20.0 |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/id | None | downside_2026q3_apa_service_expense |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_apa_service_expense:downside/value | None | 5.0 |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/id | None | downside_2026q3_awm_eb_margin |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/formula/refs/0 | None | downside_2026q3_awm_revenue |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/formula/refs/1 | None | downside_2026q3_awm_eb_margin |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/id | None | downside_2026q3_awm_ebitda |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_awm_ebitda:downside/value | None | 1.2 |
| /operating_model/cells/downside_2026q3_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_gm:downside/id | None | downside_2026q3_awm_gm |
| /operating_model/cells/downside_2026q3_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2026q3_awm_gm:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2026q3_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2026q3_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q3_awm_gp:downside/formula/refs/0 | None | downside_2026q3_awm_revenue |
| /operating_model/cells/downside_2026q3_awm_gp:downside/formula/refs/1 | None | downside_2026q3_awm_gm |
| /operating_model/cells/downside_2026q3_awm_gp:downside/id | None | downside_2026q3_awm_gp |
| /operating_model/cells/downside_2026q3_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2026q3_awm_gp:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_awm_gp:downside/value | None | 1.88 |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/id | None | downside_2026q3_awm_revenue |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_awm_revenue:downside/value | None | 4.0 |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/id | None | downside_2026q3_awm_service_cash |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_awm_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/id | None | downside_2026q3_awm_service_expense |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_awm_service_expense:downside/value | None | 0.4166666666666667 |
| /operating_model/cells/downside_2026q3_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2026q3_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_below_fcf:downside/formula/refs/0 | None | downside_2026q3_preferred_cash |
| /operating_model/cells/downside_2026q3_below_fcf:downside/formula/refs/1 | None | downside_2026q3_acquisition_cash |
| /operating_model/cells/downside_2026q3_below_fcf:downside/formula/refs/2 | None | downside_2026q3_contingent_cash |
| /operating_model/cells/downside_2026q3_below_fcf:downside/id | None | downside_2026q3_below_fcf |
| /operating_model/cells/downside_2026q3_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2026q3_below_fcf:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_below_fcf:downside/value | None | 172.96875 |
| /operating_model/cells/downside_2026q3_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_capex:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_capex:downside/id | None | downside_2026q3_capex |
| /operating_model/cells/downside_2026q3_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2026q3_capex:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_capex:downside/value | None | 8.0 |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/formula/refs/0 | None | downside_2026q3_fcf |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/formula/refs/1 | None | downside_2026q3_below_fcf |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/id | None | downside_2026q3_cash_after_claims |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cash_after_claims:downside/value | None | -215.428125 |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/refs/0 | None | downside_2026q3_operating_income |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/refs/1 | None | downside_2026q3_sbc |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/refs/2 | None | downside_2026q3_da |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/refs/3 | None | downside_2026q3_retention_expense |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/formula/refs/4 | None | downside_2026q3_investment_income |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/id | None | downside_2026q3_cash_before_uses |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cash_before_uses:downside/value | None | 32.900000000000006 |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/formula/refs/0 | None | downside_2026q3_cash_before_uses |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/formula/refs/1 | None | downside_2026q3_cash_uses |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/id | None | downside_2026q3_cash_before_wc |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cash_before_wc:downside/value | None | 0.5406250000000057 |
| /operating_model/cells/downside_2026q3_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cash_tax:downside/id | None | downside_2026q3_cash_tax |
| /operating_model/cells/downside_2026q3_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2026q3_cash_tax:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cash_tax:downside/value | None | 7.0 |
| /operating_model/cells/downside_2026q3_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2026q3_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/0 | None | downside_2026q3_apa_service_cash |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/1 | None | downside_2026q3_awm_service_cash |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/2 | None | downside_2026q3_debt_coupon |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/3 | None | downside_2026q3_other_interest |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/4 | None | downside_2026q3_cash_tax |
| /operating_model/cells/downside_2026q3_cash_uses:downside/formula/refs/5 | None | downside_2026q3_no_extra_special |
| /operating_model/cells/downside_2026q3_cash_uses:downside/id | None | downside_2026q3_cash_uses |
| /operating_model/cells/downside_2026q3_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2026q3_cash_uses:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cash_uses:downside/value | None | 32.359375 |
| /operating_model/cells/downside_2026q3_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2026q3_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_cfo:downside/formula/refs/0 | None | downside_2026q3_cash_before_wc |
| /operating_model/cells/downside_2026q3_cfo:downside/formula/refs/1 | None | downside_2026q3_wc_source |
| /operating_model/cells/downside_2026q3_cfo:downside/id | None | downside_2026q3_cfo |
| /operating_model/cells/downside_2026q3_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2026q3_cfo:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cfo:downside/value | None | -34.459374999999994 |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/id | None | downside_2026q3_cogs_amort |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_cogs_amort:downside/value | None | 6.0 |
| /operating_model/cells/downside_2026q3_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2026q3_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_combined_gp:downside/formula/refs/0 | None | downside_2026q3_core_adjusted_gp |
| /operating_model/cells/downside_2026q3_combined_gp:downside/formula/refs/1 | None | downside_2026q3_awm_gp |
| /operating_model/cells/downside_2026q3_combined_gp:downside/id | None | downside_2026q3_combined_gp |
| /operating_model/cells/downside_2026q3_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2026q3_combined_gp:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_combined_gp:downside/value | None | 78.38 |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/id | None | downside_2026q3_contingent_cash |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_contingent_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/formula/refs/0 | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/formula/refs/1 | None | downside_2026q3_core_gp_margin |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/id | None | downside_2026q3_core_adjusted_gp |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_core_adjusted_gp:downside/value | None | 76.5 |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/id | None | downside_2026q3_core_eb_margin |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_core_eb_margin:downside/value | None | 0.11 |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/formula/refs/0 | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/formula/refs/1 | None | downside_2026q3_core_eb_margin |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/id | None | downside_2026q3_core_ebitda |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_core_ebitda:downside/value | None | 33.0 |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/id | None | downside_2026q3_core_gp_margin |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/label | None | Adjusted gross margin |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_core_gp_margin:downside/value | None | 0.255 |
| /operating_model/cells/downside_2026q3_core_revenue:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_core_revenue:downside/id | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_2026q3_core_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2026q3_core_revenue:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_core_revenue:downside/value | None | 300.0 |
| /operating_model/cells/downside_2026q3_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2026q3_da:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_da:downside/formula/refs/0 | None | downside_2026q3_cogs_amort |
| /operating_model/cells/downside_2026q3_da:downside/formula/refs/1 | None | downside_2026q3_other_da |
| /operating_model/cells/downside_2026q3_da:downside/id | None | downside_2026q3_da |
| /operating_model/cells/downside_2026q3_da:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2026q3_da:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_da:downside/value | None | 17.5 |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/id | None | downside_2026q3_debt_coupon |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_debt_coupon:downside/value | None | 4.9593750000000005 |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2026q3_retention_expense |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2026q3_special_cash |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2026q3_sbc |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2026q3_da |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/id | None | downside_2026q3_ebitda_to_gaap |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_ebitda_to_gaap:downside/value | None | 30.416666666666668 |
| /operating_model/cells/downside_2026q3_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2026q3_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q3_fcf:downside/formula/refs/0 | None | downside_2026q3_cfo |
| /operating_model/cells/downside_2026q3_fcf:downside/formula/refs/1 | None | downside_2026q3_capex |
| /operating_model/cells/downside_2026q3_fcf:downside/id | None | downside_2026q3_fcf |
| /operating_model/cells/downside_2026q3_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2026q3_fcf:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_fcf:downside/value | None | -42.459374999999994 |
| /operating_model/cells/downside_2026q3_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2026q3_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q3_gross_profit:downside/formula/refs/0 | None | downside_2026q3_combined_gp |
| /operating_model/cells/downside_2026q3_gross_profit:downside/formula/refs/1 | None | downside_2026q3_cogs_amort |
| /operating_model/cells/downside_2026q3_gross_profit:downside/id | None | downside_2026q3_gross_profit |
| /operating_model/cells/downside_2026q3_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2026q3_gross_profit:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_gross_profit:downside/value | None | 72.38 |
| /operating_model/cells/downside_2026q3_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_investment_income:downside/id | None | downside_2026q3_investment_income |
| /operating_model/cells/downside_2026q3_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2026q3_investment_income:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/id | None | downside_2026q3_no_extra_special |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q3_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2026q3_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q3_operating_income:downside/formula/refs/0 | None | downside_2026q3_adjusted_ebitda |
| /operating_model/cells/downside_2026q3_operating_income:downside/formula/refs/1 | None | downside_2026q3_ebitda_to_gaap |
| /operating_model/cells/downside_2026q3_operating_income:downside/id | None | downside_2026q3_operating_income |
| /operating_model/cells/downside_2026q3_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2026q3_operating_income:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_operating_income:downside/value | None | 3.783333333333335 |
| /operating_model/cells/downside_2026q3_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_other_da:downside/id | None | downside_2026q3_other_da |
| /operating_model/cells/downside_2026q3_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2026q3_other_da:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_other_da:downside/value | None | 11.5 |
| /operating_model/cells/downside_2026q3_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_other_interest:downside/id | None | downside_2026q3_other_interest |
| /operating_model/cells/downside_2026q3_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2026q3_other_interest:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2026q3_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2026q3_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_preferred_base:downside/id | None | downside_2026q3_preferred_base |
| /operating_model/cells/downside_2026q3_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2026q3_preferred_base:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/formula/refs/0 | None | downside_2026q3_preferred_base |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/formula/refs/1 | None | downside_2026q3_preferred_rate |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/formula/refs/2 | None | downside_2026q3_quarter |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/id | None | downside_2026q3_preferred_cash |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_preferred_cash:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/id | None | downside_2026q3_preferred_rate |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_preferred_rate:downside/value | None | 0.0625 |
| /operating_model/cells/downside_2026q3_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_quarter:downside/id | None | downside_2026q3_quarter |
| /operating_model/cells/downside_2026q3_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2026q3_quarter:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q3_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2026q3_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2026q3_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_retention_expense:downside/formula/refs/0 | None | downside_2026q3_apa_service_expense |
| /operating_model/cells/downside_2026q3_retention_expense:downside/formula/refs/1 | None | downside_2026q3_awm_service_expense |
| /operating_model/cells/downside_2026q3_retention_expense:downside/id | None | downside_2026q3_retention_expense |
| /operating_model/cells/downside_2026q3_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2026q3_retention_expense:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_retention_expense:downside/value | None | 5.416666666666667 |
| /operating_model/cells/downside_2026q3_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2026q3_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q3_revenue:downside/formula/refs/0 | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_2026q3_revenue:downside/formula/refs/1 | None | downside_2026q3_awm_revenue |
| /operating_model/cells/downside_2026q3_revenue:downside/id | None | downside_2026q3_revenue |
| /operating_model/cells/downside_2026q3_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2026q3_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2026q3_revenue:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_revenue:downside/value | None | 304.0 |
| /operating_model/cells/downside_2026q3_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_sbc:downside/id | None | downside_2026q3_sbc |
| /operating_model/cells/downside_2026q3_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2026q3_sbc:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_sbc:downside/value | None | 5.0 |
| /operating_model/cells/downside_2026q3_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q3_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_special_cash:downside/id | None | downside_2026q3_special_cash |
| /operating_model/cells/downside_2026q3_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2026q3_special_cash:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_special_cash:downside/value | None | 2.5 |
| /operating_model/cells/downside_2026q3_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2026q3_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2026q3_wc_source:downside/id | None | downside_2026q3_wc_source |
| /operating_model/cells/downside_2026q3_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q3_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2026q3_wc_source:downside/period | None | 2026Q3 |
| /operating_model/cells/downside_2026q3_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q3_wc_source:downside/value | None | -35.0 |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/id | None | downside_2026q4_acquisition_cash |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/formula/refs/0 | None | downside_2026q4_core_ebitda |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/formula/refs/1 | None | downside_2026q4_awm_ebitda |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/id | None | downside_2026q4_adjusted_ebitda |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_adjusted_ebitda:downside/value | None | 49.113 |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/id | None | downside_2026q4_apa_service_cash |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_apa_service_cash:downside/value | None | 13.808219178082192 |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/id | None | downside_2026q4_apa_service_expense |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_apa_service_expense:downside/value | None | 5.0 |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/id | None | downside_2026q4_awm_eb_margin |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q4_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/formula/refs/0 | None | downside_2026q4_awm_revenue |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/formula/refs/1 | None | downside_2026q4_awm_eb_margin |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/id | None | downside_2026q4_awm_ebitda |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_awm_ebitda:downside/value | None | 4.2 |
| /operating_model/cells/downside_2026q4_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_gm:downside/id | None | downside_2026q4_awm_gm |
| /operating_model/cells/downside_2026q4_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2026q4_awm_gm:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q4_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2026q4_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2026q4_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q4_awm_gp:downside/formula/refs/0 | None | downside_2026q4_awm_revenue |
| /operating_model/cells/downside_2026q4_awm_gp:downside/formula/refs/1 | None | downside_2026q4_awm_gm |
| /operating_model/cells/downside_2026q4_awm_gp:downside/id | None | downside_2026q4_awm_gp |
| /operating_model/cells/downside_2026q4_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2026q4_awm_gp:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_awm_gp:downside/value | None | 6.58 |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/id | None | downside_2026q4_awm_revenue |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_awm_revenue:downside/value | None | 14.0 |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/id | None | downside_2026q4_awm_service_cash |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_awm_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/id | None | downside_2026q4_awm_service_expense |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_awm_service_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2026q4_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2026q4_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_below_fcf:downside/formula/refs/0 | None | downside_2026q4_preferred_cash |
| /operating_model/cells/downside_2026q4_below_fcf:downside/formula/refs/1 | None | downside_2026q4_acquisition_cash |
| /operating_model/cells/downside_2026q4_below_fcf:downside/formula/refs/2 | None | downside_2026q4_contingent_cash |
| /operating_model/cells/downside_2026q4_below_fcf:downside/id | None | downside_2026q4_below_fcf |
| /operating_model/cells/downside_2026q4_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2026q4_below_fcf:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_below_fcf:downside/value | None | 11.96875 |
| /operating_model/cells/downside_2026q4_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_capex:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_capex:downside/id | None | downside_2026q4_capex |
| /operating_model/cells/downside_2026q4_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2026q4_capex:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_capex:downside/value | None | 8.0 |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/formula/refs/0 | None | downside_2026q4_fcf |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/formula/refs/1 | None | downside_2026q4_below_fcf |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/id | None | downside_2026q4_cash_after_claims |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cash_after_claims:downside/value | None | -103.98896917808219 |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/refs/0 | None | downside_2026q4_operating_income |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/refs/1 | None | downside_2026q4_sbc |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/refs/2 | None | downside_2026q4_da |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/refs/3 | None | downside_2026q4_retention_expense |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/formula/refs/4 | None | downside_2026q4_investment_income |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/id | None | downside_2026q4_cash_before_uses |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cash_before_uses:downside/value | None | 47.813 |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/formula/refs/0 | None | downside_2026q4_cash_before_uses |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/formula/refs/1 | None | downside_2026q4_cash_uses |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/id | None | downside_2026q4_cash_before_wc |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cash_before_wc:downside/value | None | 15.97978082191781 |
| /operating_model/cells/downside_2026q4_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cash_tax:downside/id | None | downside_2026q4_cash_tax |
| /operating_model/cells/downside_2026q4_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2026q4_cash_tax:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cash_tax:downside/value | None | 16.0 |
| /operating_model/cells/downside_2026q4_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2026q4_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/0 | None | downside_2026q4_apa_service_cash |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/1 | None | downside_2026q4_awm_service_cash |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/2 | None | downside_2026q4_debt_coupon |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/3 | None | downside_2026q4_other_interest |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/4 | None | downside_2026q4_cash_tax |
| /operating_model/cells/downside_2026q4_cash_uses:downside/formula/refs/5 | None | downside_2026q4_no_extra_special |
| /operating_model/cells/downside_2026q4_cash_uses:downside/id | None | downside_2026q4_cash_uses |
| /operating_model/cells/downside_2026q4_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2026q4_cash_uses:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cash_uses:downside/value | None | 31.833219178082192 |
| /operating_model/cells/downside_2026q4_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2026q4_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_cfo:downside/formula/refs/0 | None | downside_2026q4_cash_before_wc |
| /operating_model/cells/downside_2026q4_cfo:downside/formula/refs/1 | None | downside_2026q4_wc_source |
| /operating_model/cells/downside_2026q4_cfo:downside/id | None | downside_2026q4_cfo |
| /operating_model/cells/downside_2026q4_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2026q4_cfo:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cfo:downside/value | None | -84.02021917808219 |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/id | None | downside_2026q4_cogs_amort |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_cogs_amort:downside/value | None | 6.7 |
| /operating_model/cells/downside_2026q4_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2026q4_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_combined_gp:downside/formula/refs/0 | None | downside_2026q4_core_adjusted_gp |
| /operating_model/cells/downside_2026q4_combined_gp:downside/formula/refs/1 | None | downside_2026q4_awm_gp |
| /operating_model/cells/downside_2026q4_combined_gp:downside/id | None | downside_2026q4_combined_gp |
| /operating_model/cells/downside_2026q4_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2026q4_combined_gp:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_combined_gp:downside/value | None | 92.76300000000002 |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/id | None | downside_2026q4_contingent_cash |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_contingent_cash:downside/value | None | 4.0 |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/basis | None | Annual margin requirement drives the Q4 residual. |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/formula/refs/0 | None | downside_gp_target |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/formula/refs/1 | None | downside_2026q4_gp_through_q3 |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/id | None | downside_2026q4_core_adjusted_gp |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_core_adjusted_gp:downside/value | None | 86.18300000000002 |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/basis | None | Q4 residual to annual EBITDA scenario. |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/formula/refs/0 | None | downside_eb_target |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/formula/refs/1 | None | downside_2026q4_eb_through_q3 |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/id | None | downside_2026q4_core_ebitda |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_core_ebitda:downside/value | None | 44.913 |
| /operating_model/cells/downside_2026q4_core_revenue:downside/basis | None | Q4 delivery requirement to meet annual scenario. |
| /operating_model/cells/downside_2026q4_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_core_revenue:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_core_revenue:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_2026q4_core_revenue:downside/formula/refs/1 | None | downside_2026q4_through_q3 |
| /operating_model/cells/downside_2026q4_core_revenue:downside/id | None | downside_2026q4_core_revenue |
| /operating_model/cells/downside_2026q4_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2026q4_core_revenue:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_core_revenue:downside/value | None | 454.523 |
| /operating_model/cells/downside_2026q4_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2026q4_da:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_da:downside/formula/refs/0 | None | downside_2026q4_cogs_amort |
| /operating_model/cells/downside_2026q4_da:downside/formula/refs/1 | None | downside_2026q4_other_da |
| /operating_model/cells/downside_2026q4_da:downside/id | None | downside_2026q4_da |
| /operating_model/cells/downside_2026q4_da:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2026q4_da:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_da:downside/value | None | 18.2 |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/id | None | downside_2026q4_debt_coupon |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_debt_coupon:downside/value | None | 1.625 |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/basis | None | Actual H1 plus modeled Q3. |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/formula/refs/1 | None | downside_2026q3_core_ebitda |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/id | None | downside_2026q4_eb_through_q3 |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/label | None | H1 plus Q3 pre-AWM EBITDA |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_eb_through_q3:downside/value | None | 125.087 |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2026q4_retention_expense |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2026q4_special_cash |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2026q4_sbc |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2026q4_da |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/id | None | downside_2026q4_ebitda_to_gaap |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_ebitda_to_gaap:downside/value | None | 32.25 |
| /operating_model/cells/downside_2026q4_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2026q4_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_fcf:downside/formula/refs/0 | None | downside_2026q4_cfo |
| /operating_model/cells/downside_2026q4_fcf:downside/formula/refs/1 | None | downside_2026q4_capex |
| /operating_model/cells/downside_2026q4_fcf:downside/id | None | downside_2026q4_fcf |
| /operating_model/cells/downside_2026q4_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2026q4_fcf:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_fcf:downside/value | None | -92.02021917808219 |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/basis | None | Actual H1 plus Q3. |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/formula/refs/0 | None | h1_adjusted_gp |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/formula/refs/1 | None | downside_2026q3_core_adjusted_gp |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/id | None | downside_2026q4_gp_through_q3 |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/label | None | H1 plus Q3 pre-AWM adjusted GP |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_gp_through_q3:downside/value | None | 250.417 |
| /operating_model/cells/downside_2026q4_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2026q4_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_gross_profit:downside/formula/refs/0 | None | downside_2026q4_combined_gp |
| /operating_model/cells/downside_2026q4_gross_profit:downside/formula/refs/1 | None | downside_2026q4_cogs_amort |
| /operating_model/cells/downside_2026q4_gross_profit:downside/id | None | downside_2026q4_gross_profit |
| /operating_model/cells/downside_2026q4_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2026q4_gross_profit:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_gross_profit:downside/value | None | 86.06300000000002 |
| /operating_model/cells/downside_2026q4_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_investment_income:downside/id | None | downside_2026q4_investment_income |
| /operating_model/cells/downside_2026q4_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2026q4_investment_income:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/id | None | downside_2026q4_no_extra_special |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2026q4_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2026q4_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2026q4_operating_income:downside/formula/refs/0 | None | downside_2026q4_adjusted_ebitda |
| /operating_model/cells/downside_2026q4_operating_income:downside/formula/refs/1 | None | downside_2026q4_ebitda_to_gaap |
| /operating_model/cells/downside_2026q4_operating_income:downside/id | None | downside_2026q4_operating_income |
| /operating_model/cells/downside_2026q4_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2026q4_operating_income:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_operating_income:downside/value | None | 16.863 |
| /operating_model/cells/downside_2026q4_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_other_da:downside/id | None | downside_2026q4_other_da |
| /operating_model/cells/downside_2026q4_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2026q4_other_da:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_other_da:downside/value | None | 11.5 |
| /operating_model/cells/downside_2026q4_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_other_interest:downside/id | None | downside_2026q4_other_interest |
| /operating_model/cells/downside_2026q4_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2026q4_other_interest:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2026q4_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2026q4_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_preferred_base:downside/id | None | downside_2026q4_preferred_base |
| /operating_model/cells/downside_2026q4_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2026q4_preferred_base:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/formula/refs/0 | None | downside_2026q4_preferred_base |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/formula/refs/1 | None | downside_2026q4_preferred_rate |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/formula/refs/2 | None | downside_2026q4_quarter |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/id | None | downside_2026q4_preferred_cash |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_preferred_cash:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/id | None | downside_2026q4_preferred_rate |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q4_preferred_rate:downside/value | None | 0.0625 |
| /operating_model/cells/downside_2026q4_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_quarter:downside/id | None | downside_2026q4_quarter |
| /operating_model/cells/downside_2026q4_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2026q4_quarter:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2026q4_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2026q4_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2026q4_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_retention_expense:downside/formula/refs/0 | None | downside_2026q4_apa_service_expense |
| /operating_model/cells/downside_2026q4_retention_expense:downside/formula/refs/1 | None | downside_2026q4_awm_service_expense |
| /operating_model/cells/downside_2026q4_retention_expense:downside/id | None | downside_2026q4_retention_expense |
| /operating_model/cells/downside_2026q4_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2026q4_retention_expense:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_retention_expense:downside/value | None | 6.25 |
| /operating_model/cells/downside_2026q4_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2026q4_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_revenue:downside/formula/refs/0 | None | downside_2026q4_core_revenue |
| /operating_model/cells/downside_2026q4_revenue:downside/formula/refs/1 | None | downside_2026q4_awm_revenue |
| /operating_model/cells/downside_2026q4_revenue:downside/id | None | downside_2026q4_revenue |
| /operating_model/cells/downside_2026q4_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2026q4_revenue:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_revenue:downside/value | None | 468.523 |
| /operating_model/cells/downside_2026q4_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_sbc:downside/id | None | downside_2026q4_sbc |
| /operating_model/cells/downside_2026q4_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2026q4_sbc:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_sbc:downside/value | None | 5.3 |
| /operating_model/cells/downside_2026q4_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2026q4_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_special_cash:downside/id | None | downside_2026q4_special_cash |
| /operating_model/cells/downside_2026q4_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2026q4_special_cash:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_special_cash:downside/value | None | 2.5 |
| /operating_model/cells/downside_2026q4_through_q3:downside/basis | None | Preserves actual H1. |
| /operating_model/cells/downside_2026q4_through_q3:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_through_q3:downside/formula/op | None | sum |
| /operating_model/cells/downside_2026q4_through_q3:downside/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/downside_2026q4_through_q3:downside/formula/refs/1 | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_2026q4_through_q3:downside/id | None | downside_2026q4_through_q3 |
| /operating_model/cells/downside_2026q4_through_q3:downside/kind | None | derived |
| /operating_model/cells/downside_2026q4_through_q3:downside/label | None | H1 plus Q3 pre-AWM revenue |
| /operating_model/cells/downside_2026q4_through_q3:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_through_q3:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_through_q3:downside/value | None | 865.477 |
| /operating_model/cells/downside_2026q4_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2026q4_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2026q4_wc_source:downside/id | None | downside_2026q4_wc_source |
| /operating_model/cells/downside_2026q4_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2026q4_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2026q4_wc_source:downside/period | None | 2026Q4 |
| /operating_model/cells/downside_2026q4_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2026q4_wc_source:downside/value | None | -100.0 |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/id | None | downside_2027q1_acquisition_cash |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/formula/refs/0 | None | downside_2027q1_core_ebitda |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/formula/refs/1 | None | downside_2027q1_awm_ebitda |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/id | None | downside_2027q1_adjusted_ebitda |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_adjusted_ebitda:downside/value | None | 40.236000000000004 |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/id | None | downside_2027q1_apa_service_cash |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_apa_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/id | None | downside_2027q1_apa_service_expense |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_apa_service_expense:downside/value | None | 5.0 |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/id | None | downside_2027q1_awm_eb_margin |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/formula/refs/0 | None | downside_2027q1_awm_revenue |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/formula/refs/1 | None | downside_2027q1_awm_eb_margin |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/id | None | downside_2027q1_awm_ebitda |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_awm_ebitda:downside/value | None | 4.2 |
| /operating_model/cells/downside_2027q1_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_gm:downside/id | None | downside_2027q1_awm_gm |
| /operating_model/cells/downside_2027q1_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2027q1_awm_gm:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2027q1_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2027q1_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_awm_gp:downside/formula/refs/0 | None | downside_2027q1_awm_revenue |
| /operating_model/cells/downside_2027q1_awm_gp:downside/formula/refs/1 | None | downside_2027q1_awm_gm |
| /operating_model/cells/downside_2027q1_awm_gp:downside/id | None | downside_2027q1_awm_gp |
| /operating_model/cells/downside_2027q1_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2027q1_awm_gp:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_awm_gp:downside/value | None | 6.58 |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/id | None | downside_2027q1_awm_revenue |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_awm_revenue:downside/value | None | 14.0 |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/id | None | downside_2027q1_awm_service_cash |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_awm_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/id | None | downside_2027q1_awm_service_expense |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_awm_service_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2027q1_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2027q1_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_below_fcf:downside/formula/refs/0 | None | downside_2027q1_preferred_cash |
| /operating_model/cells/downside_2027q1_below_fcf:downside/formula/refs/1 | None | downside_2027q1_acquisition_cash |
| /operating_model/cells/downside_2027q1_below_fcf:downside/formula/refs/2 | None | downside_2027q1_contingent_cash |
| /operating_model/cells/downside_2027q1_below_fcf:downside/id | None | downside_2027q1_below_fcf |
| /operating_model/cells/downside_2027q1_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2027q1_below_fcf:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_below_fcf:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2027q1_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_capex:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_capex:downside/id | None | downside_2027q1_capex |
| /operating_model/cells/downside_2027q1_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2027q1_capex:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_capex:downside/value | None | 9.0 |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/formula/refs/0 | None | downside_2027q1_fcf |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/formula/refs/1 | None | downside_2027q1_below_fcf |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/id | None | downside_2027q1_cash_after_claims |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cash_after_claims:downside/value | None | 68.107875 |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/refs/0 | None | downside_2027q1_operating_income |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/refs/1 | None | downside_2027q1_sbc |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/refs/2 | None | downside_2027q1_da |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/refs/3 | None | downside_2027q1_retention_expense |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/formula/refs/4 | None | downside_2027q1_investment_income |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/id | None | downside_2027q1_cash_before_uses |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cash_before_uses:downside/value | None | 40.43600000000001 |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/formula/refs/0 | None | downside_2027q1_cash_before_uses |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/formula/refs/1 | None | downside_2027q1_cash_uses |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/id | None | downside_2027q1_cash_before_wc |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cash_before_wc:downside/value | None | 25.076625000000007 |
| /operating_model/cells/downside_2027q1_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cash_tax:downside/id | None | downside_2027q1_cash_tax |
| /operating_model/cells/downside_2027q1_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2027q1_cash_tax:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cash_tax:downside/value | None | 10.0 |
| /operating_model/cells/downside_2027q1_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2027q1_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/0 | None | downside_2027q1_apa_service_cash |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/1 | None | downside_2027q1_awm_service_cash |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/2 | None | downside_2027q1_debt_coupon |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/3 | None | downside_2027q1_other_interest |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/4 | None | downside_2027q1_cash_tax |
| /operating_model/cells/downside_2027q1_cash_uses:downside/formula/refs/5 | None | downside_2027q1_no_extra_special |
| /operating_model/cells/downside_2027q1_cash_uses:downside/id | None | downside_2027q1_cash_uses |
| /operating_model/cells/downside_2027q1_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2027q1_cash_uses:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cash_uses:downside/value | None | 15.359375 |
| /operating_model/cells/downside_2027q1_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2027q1_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_cfo:downside/formula/refs/0 | None | downside_2027q1_cash_before_wc |
| /operating_model/cells/downside_2027q1_cfo:downside/formula/refs/1 | None | downside_2027q1_wc_source |
| /operating_model/cells/downside_2027q1_cfo:downside/id | None | downside_2027q1_cfo |
| /operating_model/cells/downside_2027q1_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2027q1_cfo:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cfo:downside/value | None | 85.076625 |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/id | None | downside_2027q1_cogs_amort |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_cogs_amort:downside/value | None | 6.7 |
| /operating_model/cells/downside_2027q1_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2027q1_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_combined_gp:downside/formula/refs/0 | None | downside_2027q1_core_adjusted_gp |
| /operating_model/cells/downside_2027q1_combined_gp:downside/formula/refs/1 | None | downside_2027q1_awm_gp |
| /operating_model/cells/downside_2027q1_combined_gp:downside/id | None | downside_2027q1_combined_gp |
| /operating_model/cells/downside_2027q1_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2027q1_combined_gp:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_combined_gp:downside/value | None | 77.26599999999999 |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/id | None | downside_2027q1_contingent_cash |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_contingent_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/formula/refs/0 | None | downside_2027q1_core_revenue |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/formula/refs/1 | None | downside_2027q1_core_gp_margin |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/id | None | downside_2027q1_core_adjusted_gp |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_core_adjusted_gp:downside/value | None | 70.68599999999999 |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/id | None | downside_2027q1_core_eb_margin |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_core_eb_margin:downside/value | None | 0.13 |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/formula/refs/0 | None | downside_2027q1_core_revenue |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/formula/refs/1 | None | downside_2027q1_core_eb_margin |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/id | None | downside_2027q1_core_ebitda |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_core_ebitda:downside/value | None | 36.036 |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/id | None | downside_2027q1_core_gp_margin |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/label | None | Adjusted gross margin |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_core_gp_margin:downside/value | None | 0.255 |
| /operating_model/cells/downside_2027q1_core_growth:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_core_growth:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_growth:downside/id | None | downside_2027q1_core_growth |
| /operating_model/cells/downside_2027q1_core_growth:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_core_growth:downside/label | None | Pre-AWM business expansion |
| /operating_model/cells/downside_2027q1_core_growth:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_growth:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_core_growth:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q1_core_revenue:downside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/downside_2027q1_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_revenue:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_core_revenue:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_2027q1_core_revenue:downside/formula/refs/1 | None | downside_2027q1_core_growth |
| /operating_model/cells/downside_2027q1_core_revenue:downside/formula/refs/2 | None | downside_2027q1_core_season |
| /operating_model/cells/downside_2027q1_core_revenue:downside/id | None | downside_2027q1_core_revenue |
| /operating_model/cells/downside_2027q1_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2027q1_core_revenue:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_core_revenue:downside/value | None | 277.2 |
| /operating_model/cells/downside_2027q1_core_season:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_core_season:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_core_season:downside/id | None | downside_2027q1_core_season |
| /operating_model/cells/downside_2027q1_core_season:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_core_season:downside/label | None | Annual quarter share |
| /operating_model/cells/downside_2027q1_core_season:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_core_season:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_core_season:downside/value | None | 0.21 |
| /operating_model/cells/downside_2027q1_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2027q1_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_da:downside/formula/refs/0 | None | downside_2027q1_cogs_amort |
| /operating_model/cells/downside_2027q1_da:downside/formula/refs/1 | None | downside_2027q1_other_da |
| /operating_model/cells/downside_2027q1_da:downside/id | None | downside_2027q1_da |
| /operating_model/cells/downside_2027q1_da:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2027q1_da:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_da:downside/value | None | 18.7 |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/id | None | downside_2027q1_debt_coupon |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_debt_coupon:downside/value | None | 4.9593750000000005 |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2027q1_retention_expense |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2027q1_special_cash |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2027q1_sbc |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2027q1_da |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/id | None | downside_2027q1_ebitda_to_gaap |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_ebitda_to_gaap:downside/value | None | 31.549999999999997 |
| /operating_model/cells/downside_2027q1_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2027q1_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q1_fcf:downside/formula/refs/0 | None | downside_2027q1_cfo |
| /operating_model/cells/downside_2027q1_fcf:downside/formula/refs/1 | None | downside_2027q1_capex |
| /operating_model/cells/downside_2027q1_fcf:downside/id | None | downside_2027q1_fcf |
| /operating_model/cells/downside_2027q1_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2027q1_fcf:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_fcf:downside/value | None | 76.076625 |
| /operating_model/cells/downside_2027q1_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2027q1_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q1_gross_profit:downside/formula/refs/0 | None | downside_2027q1_combined_gp |
| /operating_model/cells/downside_2027q1_gross_profit:downside/formula/refs/1 | None | downside_2027q1_cogs_amort |
| /operating_model/cells/downside_2027q1_gross_profit:downside/id | None | downside_2027q1_gross_profit |
| /operating_model/cells/downside_2027q1_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2027q1_gross_profit:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_gross_profit:downside/value | None | 70.56599999999999 |
| /operating_model/cells/downside_2027q1_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_investment_income:downside/id | None | downside_2027q1_investment_income |
| /operating_model/cells/downside_2027q1_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2027q1_investment_income:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/id | None | downside_2027q1_no_extra_special |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q1_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2027q1_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q1_operating_income:downside/formula/refs/0 | None | downside_2027q1_adjusted_ebitda |
| /operating_model/cells/downside_2027q1_operating_income:downside/formula/refs/1 | None | downside_2027q1_ebitda_to_gaap |
| /operating_model/cells/downside_2027q1_operating_income:downside/id | None | downside_2027q1_operating_income |
| /operating_model/cells/downside_2027q1_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2027q1_operating_income:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_operating_income:downside/value | None | 8.686000000000007 |
| /operating_model/cells/downside_2027q1_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_other_da:downside/id | None | downside_2027q1_other_da |
| /operating_model/cells/downside_2027q1_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2027q1_other_da:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_other_da:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q1_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_other_interest:downside/id | None | downside_2027q1_other_interest |
| /operating_model/cells/downside_2027q1_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2027q1_other_interest:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2027q1_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2027q1_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_preferred_base:downside/id | None | downside_2027q1_preferred_base |
| /operating_model/cells/downside_2027q1_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2027q1_preferred_base:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/formula/refs/0 | None | downside_2027q1_preferred_base |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/formula/refs/1 | None | downside_2027q1_preferred_rate |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/formula/refs/2 | None | downside_2027q1_quarter |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/id | None | downside_2027q1_preferred_cash |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_preferred_cash:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/id | None | downside_2027q1_preferred_rate |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_preferred_rate:downside/value | None | 0.0625 |
| /operating_model/cells/downside_2027q1_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_quarter:downside/id | None | downside_2027q1_quarter |
| /operating_model/cells/downside_2027q1_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2027q1_quarter:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q1_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2027q1_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2027q1_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_retention_expense:downside/formula/refs/0 | None | downside_2027q1_apa_service_expense |
| /operating_model/cells/downside_2027q1_retention_expense:downside/formula/refs/1 | None | downside_2027q1_awm_service_expense |
| /operating_model/cells/downside_2027q1_retention_expense:downside/id | None | downside_2027q1_retention_expense |
| /operating_model/cells/downside_2027q1_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2027q1_retention_expense:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_retention_expense:downside/value | None | 6.25 |
| /operating_model/cells/downside_2027q1_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2027q1_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q1_revenue:downside/formula/refs/0 | None | downside_2027q1_core_revenue |
| /operating_model/cells/downside_2027q1_revenue:downside/formula/refs/1 | None | downside_2027q1_awm_revenue |
| /operating_model/cells/downside_2027q1_revenue:downside/id | None | downside_2027q1_revenue |
| /operating_model/cells/downside_2027q1_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q1_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2027q1_revenue:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_revenue:downside/value | None | 291.2 |
| /operating_model/cells/downside_2027q1_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_sbc:downside/id | None | downside_2027q1_sbc |
| /operating_model/cells/downside_2027q1_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2027q1_sbc:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_sbc:downside/value | None | 5.6 |
| /operating_model/cells/downside_2027q1_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q1_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_special_cash:downside/id | None | downside_2027q1_special_cash |
| /operating_model/cells/downside_2027q1_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2027q1_special_cash:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_special_cash:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q1_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2027q1_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2027q1_wc_source:downside/id | None | downside_2027q1_wc_source |
| /operating_model/cells/downside_2027q1_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q1_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2027q1_wc_source:downside/period | None | 2027Q1 |
| /operating_model/cells/downside_2027q1_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q1_wc_source:downside/value | None | 60.0 |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/id | None | downside_2027q2_acquisition_cash |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/formula/refs/0 | None | downside_2027q2_core_ebitda |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/formula/refs/1 | None | downside_2027q2_awm_ebitda |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/id | None | downside_2027q2_adjusted_ebitda |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_adjusted_ebitda:downside/value | None | 47.4 |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/id | None | downside_2027q2_apa_service_cash |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_apa_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/id | None | downside_2027q2_apa_service_expense |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_apa_service_expense:downside/value | None | 5.0 |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/id | None | downside_2027q2_awm_eb_margin |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/formula/refs/0 | None | downside_2027q2_awm_revenue |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/formula/refs/1 | None | downside_2027q2_awm_eb_margin |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/id | None | downside_2027q2_awm_ebitda |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_awm_ebitda:downside/value | None | 4.5 |
| /operating_model/cells/downside_2027q2_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_gm:downside/id | None | downside_2027q2_awm_gm |
| /operating_model/cells/downside_2027q2_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2027q2_awm_gm:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2027q2_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2027q2_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_awm_gp:downside/formula/refs/0 | None | downside_2027q2_awm_revenue |
| /operating_model/cells/downside_2027q2_awm_gp:downside/formula/refs/1 | None | downside_2027q2_awm_gm |
| /operating_model/cells/downside_2027q2_awm_gp:downside/id | None | downside_2027q2_awm_gp |
| /operating_model/cells/downside_2027q2_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2027q2_awm_gp:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_awm_gp:downside/value | None | 7.05 |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/id | None | downside_2027q2_awm_revenue |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_awm_revenue:downside/value | None | 15.0 |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/id | None | downside_2027q2_awm_service_cash |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_awm_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/id | None | downside_2027q2_awm_service_expense |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_awm_service_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2027q2_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2027q2_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_below_fcf:downside/formula/refs/0 | None | downside_2027q2_preferred_cash |
| /operating_model/cells/downside_2027q2_below_fcf:downside/formula/refs/1 | None | downside_2027q2_acquisition_cash |
| /operating_model/cells/downside_2027q2_below_fcf:downside/formula/refs/2 | None | downside_2027q2_contingent_cash |
| /operating_model/cells/downside_2027q2_below_fcf:downside/id | None | downside_2027q2_below_fcf |
| /operating_model/cells/downside_2027q2_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2027q2_below_fcf:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_below_fcf:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2027q2_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_capex:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_capex:downside/id | None | downside_2027q2_capex |
| /operating_model/cells/downside_2027q2_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2027q2_capex:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_capex:downside/value | None | 9.0 |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/formula/refs/0 | None | downside_2027q2_fcf |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/formula/refs/1 | None | downside_2027q2_below_fcf |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/id | None | downside_2027q2_cash_after_claims |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cash_after_claims:downside/value | None | 6.606249999999996 |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/refs/0 | None | downside_2027q2_operating_income |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/refs/1 | None | downside_2027q2_sbc |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/refs/2 | None | downside_2027q2_da |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/refs/3 | None | downside_2027q2_retention_expense |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/formula/refs/4 | None | downside_2027q2_investment_income |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/id | None | downside_2027q2_cash_before_uses |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cash_before_uses:downside/value | None | 47.599999999999994 |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/formula/refs/0 | None | downside_2027q2_cash_before_uses |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/formula/refs/1 | None | downside_2027q2_cash_uses |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/id | None | downside_2027q2_cash_before_wc |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cash_before_wc:downside/value | None | 33.574999999999996 |
| /operating_model/cells/downside_2027q2_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cash_tax:downside/id | None | downside_2027q2_cash_tax |
| /operating_model/cells/downside_2027q2_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2027q2_cash_tax:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cash_tax:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q2_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2027q2_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/0 | None | downside_2027q2_apa_service_cash |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/1 | None | downside_2027q2_awm_service_cash |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/2 | None | downside_2027q2_debt_coupon |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/3 | None | downside_2027q2_other_interest |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/4 | None | downside_2027q2_cash_tax |
| /operating_model/cells/downside_2027q2_cash_uses:downside/formula/refs/5 | None | downside_2027q2_no_extra_special |
| /operating_model/cells/downside_2027q2_cash_uses:downside/id | None | downside_2027q2_cash_uses |
| /operating_model/cells/downside_2027q2_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2027q2_cash_uses:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cash_uses:downside/value | None | 14.025 |
| /operating_model/cells/downside_2027q2_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2027q2_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_cfo:downside/formula/refs/0 | None | downside_2027q2_cash_before_wc |
| /operating_model/cells/downside_2027q2_cfo:downside/formula/refs/1 | None | downside_2027q2_wc_source |
| /operating_model/cells/downside_2027q2_cfo:downside/id | None | downside_2027q2_cfo |
| /operating_model/cells/downside_2027q2_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2027q2_cfo:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cfo:downside/value | None | 23.574999999999996 |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/id | None | downside_2027q2_cogs_amort |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_cogs_amort:downside/value | None | 6.7 |
| /operating_model/cells/downside_2027q2_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2027q2_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_combined_gp:downside/formula/refs/0 | None | downside_2027q2_core_adjusted_gp |
| /operating_model/cells/downside_2027q2_combined_gp:downside/formula/refs/1 | None | downside_2027q2_awm_gp |
| /operating_model/cells/downside_2027q2_combined_gp:downside/id | None | downside_2027q2_combined_gp |
| /operating_model/cells/downside_2027q2_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2027q2_combined_gp:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_combined_gp:downside/value | None | 91.2 |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/id | None | downside_2027q2_contingent_cash |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_contingent_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/formula/refs/0 | None | downside_2027q2_core_revenue |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/formula/refs/1 | None | downside_2027q2_core_gp_margin |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/id | None | downside_2027q2_core_adjusted_gp |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_core_adjusted_gp:downside/value | None | 84.15 |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/id | None | downside_2027q2_core_eb_margin |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_core_eb_margin:downside/value | None | 0.13 |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/formula/refs/0 | None | downside_2027q2_core_revenue |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/formula/refs/1 | None | downside_2027q2_core_eb_margin |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/id | None | downside_2027q2_core_ebitda |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_core_ebitda:downside/value | None | 42.9 |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/id | None | downside_2027q2_core_gp_margin |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/label | None | Adjusted gross margin |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_core_gp_margin:downside/value | None | 0.255 |
| /operating_model/cells/downside_2027q2_core_growth:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_core_growth:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_growth:downside/id | None | downside_2027q2_core_growth |
| /operating_model/cells/downside_2027q2_core_growth:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_core_growth:downside/label | None | Pre-AWM business expansion |
| /operating_model/cells/downside_2027q2_core_growth:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_growth:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_core_growth:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q2_core_revenue:downside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/downside_2027q2_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_revenue:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_core_revenue:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_2027q2_core_revenue:downside/formula/refs/1 | None | downside_2027q2_core_growth |
| /operating_model/cells/downside_2027q2_core_revenue:downside/formula/refs/2 | None | downside_2027q2_core_season |
| /operating_model/cells/downside_2027q2_core_revenue:downside/id | None | downside_2027q2_core_revenue |
| /operating_model/cells/downside_2027q2_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2027q2_core_revenue:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_core_revenue:downside/value | None | 330.0 |
| /operating_model/cells/downside_2027q2_core_season:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_core_season:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_core_season:downside/id | None | downside_2027q2_core_season |
| /operating_model/cells/downside_2027q2_core_season:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_core_season:downside/label | None | Annual quarter share |
| /operating_model/cells/downside_2027q2_core_season:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_core_season:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_core_season:downside/value | None | 0.25 |
| /operating_model/cells/downside_2027q2_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2027q2_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_da:downside/formula/refs/0 | None | downside_2027q2_cogs_amort |
| /operating_model/cells/downside_2027q2_da:downside/formula/refs/1 | None | downside_2027q2_other_da |
| /operating_model/cells/downside_2027q2_da:downside/id | None | downside_2027q2_da |
| /operating_model/cells/downside_2027q2_da:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2027q2_da:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_da:downside/value | None | 18.7 |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/id | None | downside_2027q2_debt_coupon |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_debt_coupon:downside/value | None | 1.625 |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2027q2_retention_expense |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2027q2_special_cash |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2027q2_sbc |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2027q2_da |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/id | None | downside_2027q2_ebitda_to_gaap |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_ebitda_to_gaap:downside/value | None | 31.85 |
| /operating_model/cells/downside_2027q2_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2027q2_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q2_fcf:downside/formula/refs/0 | None | downside_2027q2_cfo |
| /operating_model/cells/downside_2027q2_fcf:downside/formula/refs/1 | None | downside_2027q2_capex |
| /operating_model/cells/downside_2027q2_fcf:downside/id | None | downside_2027q2_fcf |
| /operating_model/cells/downside_2027q2_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2027q2_fcf:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_fcf:downside/value | None | 14.574999999999996 |
| /operating_model/cells/downside_2027q2_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2027q2_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q2_gross_profit:downside/formula/refs/0 | None | downside_2027q2_combined_gp |
| /operating_model/cells/downside_2027q2_gross_profit:downside/formula/refs/1 | None | downside_2027q2_cogs_amort |
| /operating_model/cells/downside_2027q2_gross_profit:downside/id | None | downside_2027q2_gross_profit |
| /operating_model/cells/downside_2027q2_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2027q2_gross_profit:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_gross_profit:downside/value | None | 84.5 |
| /operating_model/cells/downside_2027q2_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_investment_income:downside/id | None | downside_2027q2_investment_income |
| /operating_model/cells/downside_2027q2_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2027q2_investment_income:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/id | None | downside_2027q2_no_extra_special |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q2_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2027q2_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q2_operating_income:downside/formula/refs/0 | None | downside_2027q2_adjusted_ebitda |
| /operating_model/cells/downside_2027q2_operating_income:downside/formula/refs/1 | None | downside_2027q2_ebitda_to_gaap |
| /operating_model/cells/downside_2027q2_operating_income:downside/id | None | downside_2027q2_operating_income |
| /operating_model/cells/downside_2027q2_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2027q2_operating_income:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_operating_income:downside/value | None | 15.549999999999997 |
| /operating_model/cells/downside_2027q2_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_other_da:downside/id | None | downside_2027q2_other_da |
| /operating_model/cells/downside_2027q2_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2027q2_other_da:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_other_da:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q2_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_other_interest:downside/id | None | downside_2027q2_other_interest |
| /operating_model/cells/downside_2027q2_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2027q2_other_interest:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2027q2_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2027q2_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_preferred_base:downside/id | None | downside_2027q2_preferred_base |
| /operating_model/cells/downside_2027q2_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2027q2_preferred_base:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/formula/refs/0 | None | downside_2027q2_preferred_base |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/formula/refs/1 | None | downside_2027q2_preferred_rate |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/formula/refs/2 | None | downside_2027q2_quarter |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/id | None | downside_2027q2_preferred_cash |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_preferred_cash:downside/value | None | 7.96875 |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/id | None | downside_2027q2_preferred_rate |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_preferred_rate:downside/value | None | 0.0625 |
| /operating_model/cells/downside_2027q2_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_quarter:downside/id | None | downside_2027q2_quarter |
| /operating_model/cells/downside_2027q2_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2027q2_quarter:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q2_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2027q2_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2027q2_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_retention_expense:downside/formula/refs/0 | None | downside_2027q2_apa_service_expense |
| /operating_model/cells/downside_2027q2_retention_expense:downside/formula/refs/1 | None | downside_2027q2_awm_service_expense |
| /operating_model/cells/downside_2027q2_retention_expense:downside/id | None | downside_2027q2_retention_expense |
| /operating_model/cells/downside_2027q2_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2027q2_retention_expense:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_retention_expense:downside/value | None | 6.25 |
| /operating_model/cells/downside_2027q2_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2027q2_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q2_revenue:downside/formula/refs/0 | None | downside_2027q2_core_revenue |
| /operating_model/cells/downside_2027q2_revenue:downside/formula/refs/1 | None | downside_2027q2_awm_revenue |
| /operating_model/cells/downside_2027q2_revenue:downside/id | None | downside_2027q2_revenue |
| /operating_model/cells/downside_2027q2_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q2_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2027q2_revenue:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_revenue:downside/value | None | 345.0 |
| /operating_model/cells/downside_2027q2_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_sbc:downside/id | None | downside_2027q2_sbc |
| /operating_model/cells/downside_2027q2_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2027q2_sbc:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_sbc:downside/value | None | 5.9 |
| /operating_model/cells/downside_2027q2_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q2_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_special_cash:downside/id | None | downside_2027q2_special_cash |
| /operating_model/cells/downside_2027q2_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2027q2_special_cash:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_special_cash:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q2_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2027q2_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2027q2_wc_source:downside/id | None | downside_2027q2_wc_source |
| /operating_model/cells/downside_2027q2_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q2_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2027q2_wc_source:downside/period | None | 2027Q2 |
| /operating_model/cells/downside_2027q2_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q2_wc_source:downside/value | None | -10.0 |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/id | None | downside_2027q3_acquisition_cash |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/formula/refs/0 | None | downside_2027q3_core_ebitda |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/formula/refs/1 | None | downside_2027q3_awm_ebitda |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/id | None | downside_2027q3_adjusted_ebitda |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_adjusted_ebitda:downside/value | None | 45.984 |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/id | None | downside_2027q3_apa_service_cash |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_apa_service_cash:downside/value | None | 6.191780821917808 |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/id | None | downside_2027q3_apa_service_expense |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_apa_service_expense:downside/value | None | 2.5 |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/id | None | downside_2027q3_awm_eb_margin |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/formula/refs/0 | None | downside_2027q3_awm_revenue |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/formula/refs/1 | None | downside_2027q3_awm_eb_margin |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/id | None | downside_2027q3_awm_ebitda |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_awm_ebitda:downside/value | None | 4.8 |
| /operating_model/cells/downside_2027q3_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_gm:downside/id | None | downside_2027q3_awm_gm |
| /operating_model/cells/downside_2027q3_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2027q3_awm_gm:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2027q3_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2027q3_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_awm_gp:downside/formula/refs/0 | None | downside_2027q3_awm_revenue |
| /operating_model/cells/downside_2027q3_awm_gp:downside/formula/refs/1 | None | downside_2027q3_awm_gm |
| /operating_model/cells/downside_2027q3_awm_gp:downside/id | None | downside_2027q3_awm_gp |
| /operating_model/cells/downside_2027q3_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2027q3_awm_gp:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_awm_gp:downside/value | None | 7.52 |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/id | None | downside_2027q3_awm_revenue |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_awm_revenue:downside/value | None | 16.0 |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/id | None | downside_2027q3_awm_service_cash |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_awm_service_cash:downside/value | None | 5.0 |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/id | None | downside_2027q3_awm_service_expense |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_awm_service_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2027q3_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2027q3_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_below_fcf:downside/formula/refs/0 | None | downside_2027q3_preferred_cash |
| /operating_model/cells/downside_2027q3_below_fcf:downside/formula/refs/1 | None | downside_2027q3_acquisition_cash |
| /operating_model/cells/downside_2027q3_below_fcf:downside/formula/refs/2 | None | downside_2027q3_contingent_cash |
| /operating_model/cells/downside_2027q3_below_fcf:downside/id | None | downside_2027q3_below_fcf |
| /operating_model/cells/downside_2027q3_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2027q3_below_fcf:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_below_fcf:downside/value | None | 8.332125000000001 |
| /operating_model/cells/downside_2027q3_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_capex:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_capex:downside/id | None | downside_2027q3_capex |
| /operating_model/cells/downside_2027q3_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2027q3_capex:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_capex:downside/value | None | 9.0 |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/formula/refs/0 | None | downside_2027q3_fcf |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/formula/refs/1 | None | downside_2027q3_below_fcf |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/id | None | downside_2027q3_cash_after_claims |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cash_after_claims:downside/value | None | -24.699280821917803 |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/refs/0 | None | downside_2027q3_operating_income |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/refs/1 | None | downside_2027q3_sbc |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/refs/2 | None | downside_2027q3_da |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/refs/3 | None | downside_2027q3_retention_expense |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/formula/refs/4 | None | downside_2027q3_investment_income |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/id | None | downside_2027q3_cash_before_uses |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cash_before_uses:downside/value | None | 46.184000000000005 |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/formula/refs/0 | None | downside_2027q3_cash_before_uses |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/formula/refs/1 | None | downside_2027q3_cash_uses |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/id | None | downside_2027q3_cash_before_wc |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cash_before_wc:downside/value | None | 17.6328441780822 |
| /operating_model/cells/downside_2027q3_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cash_tax:downside/id | None | downside_2027q3_cash_tax |
| /operating_model/cells/downside_2027q3_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2027q3_cash_tax:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cash_tax:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q3_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2027q3_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/0 | None | downside_2027q3_apa_service_cash |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/1 | None | downside_2027q3_awm_service_cash |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/2 | None | downside_2027q3_debt_coupon |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/3 | None | downside_2027q3_other_interest |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/4 | None | downside_2027q3_cash_tax |
| /operating_model/cells/downside_2027q3_cash_uses:downside/formula/refs/5 | None | downside_2027q3_no_extra_special |
| /operating_model/cells/downside_2027q3_cash_uses:downside/id | None | downside_2027q3_cash_uses |
| /operating_model/cells/downside_2027q3_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2027q3_cash_uses:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cash_uses:downside/value | None | 28.551155821917806 |
| /operating_model/cells/downside_2027q3_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2027q3_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_cfo:downside/formula/refs/0 | None | downside_2027q3_cash_before_wc |
| /operating_model/cells/downside_2027q3_cfo:downside/formula/refs/1 | None | downside_2027q3_wc_source |
| /operating_model/cells/downside_2027q3_cfo:downside/id | None | downside_2027q3_cfo |
| /operating_model/cells/downside_2027q3_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2027q3_cfo:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cfo:downside/value | None | -7.367155821917802 |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/id | None | downside_2027q3_cogs_amort |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_cogs_amort:downside/value | None | 6.7 |
| /operating_model/cells/downside_2027q3_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2027q3_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_combined_gp:downside/formula/refs/0 | None | downside_2027q3_core_adjusted_gp |
| /operating_model/cells/downside_2027q3_combined_gp:downside/formula/refs/1 | None | downside_2027q3_awm_gp |
| /operating_model/cells/downside_2027q3_combined_gp:downside/id | None | downside_2027q3_combined_gp |
| /operating_model/cells/downside_2027q3_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2027q3_combined_gp:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_combined_gp:downside/value | None | 88.304 |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/id | None | downside_2027q3_contingent_cash |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_contingent_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/formula/refs/0 | None | downside_2027q3_core_revenue |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/formula/refs/1 | None | downside_2027q3_core_gp_margin |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/id | None | downside_2027q3_core_adjusted_gp |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_core_adjusted_gp:downside/value | None | 80.784 |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/id | None | downside_2027q3_core_eb_margin |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_core_eb_margin:downside/value | None | 0.13 |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/formula/refs/0 | None | downside_2027q3_core_revenue |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/formula/refs/1 | None | downside_2027q3_core_eb_margin |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/id | None | downside_2027q3_core_ebitda |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_core_ebitda:downside/value | None | 41.184000000000005 |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/id | None | downside_2027q3_core_gp_margin |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/label | None | Adjusted gross margin |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_core_gp_margin:downside/value | None | 0.255 |
| /operating_model/cells/downside_2027q3_core_growth:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_core_growth:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_growth:downside/id | None | downside_2027q3_core_growth |
| /operating_model/cells/downside_2027q3_core_growth:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_core_growth:downside/label | None | Pre-AWM business expansion |
| /operating_model/cells/downside_2027q3_core_growth:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_growth:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_core_growth:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q3_core_revenue:downside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/downside_2027q3_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_revenue:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_core_revenue:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_2027q3_core_revenue:downside/formula/refs/1 | None | downside_2027q3_core_growth |
| /operating_model/cells/downside_2027q3_core_revenue:downside/formula/refs/2 | None | downside_2027q3_core_season |
| /operating_model/cells/downside_2027q3_core_revenue:downside/id | None | downside_2027q3_core_revenue |
| /operating_model/cells/downside_2027q3_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2027q3_core_revenue:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_core_revenue:downside/value | None | 316.8 |
| /operating_model/cells/downside_2027q3_core_season:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_core_season:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_core_season:downside/id | None | downside_2027q3_core_season |
| /operating_model/cells/downside_2027q3_core_season:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_core_season:downside/label | None | Annual quarter share |
| /operating_model/cells/downside_2027q3_core_season:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_core_season:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_core_season:downside/value | None | 0.24 |
| /operating_model/cells/downside_2027q3_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2027q3_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_da:downside/formula/refs/0 | None | downside_2027q3_cogs_amort |
| /operating_model/cells/downside_2027q3_da:downside/formula/refs/1 | None | downside_2027q3_other_da |
| /operating_model/cells/downside_2027q3_da:downside/id | None | downside_2027q3_da |
| /operating_model/cells/downside_2027q3_da:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2027q3_da:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_da:downside/value | None | 18.7 |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/id | None | downside_2027q3_debt_coupon |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_debt_coupon:downside/value | None | 4.9593750000000005 |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2027q3_retention_expense |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2027q3_special_cash |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2027q3_sbc |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2027q3_da |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/id | None | downside_2027q3_ebitda_to_gaap |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_ebitda_to_gaap:downside/value | None | 29.65 |
| /operating_model/cells/downside_2027q3_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2027q3_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q3_fcf:downside/formula/refs/0 | None | downside_2027q3_cfo |
| /operating_model/cells/downside_2027q3_fcf:downside/formula/refs/1 | None | downside_2027q3_capex |
| /operating_model/cells/downside_2027q3_fcf:downside/id | None | downside_2027q3_fcf |
| /operating_model/cells/downside_2027q3_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2027q3_fcf:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_fcf:downside/value | None | -16.3671558219178 |
| /operating_model/cells/downside_2027q3_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2027q3_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q3_gross_profit:downside/formula/refs/0 | None | downside_2027q3_combined_gp |
| /operating_model/cells/downside_2027q3_gross_profit:downside/formula/refs/1 | None | downside_2027q3_cogs_amort |
| /operating_model/cells/downside_2027q3_gross_profit:downside/id | None | downside_2027q3_gross_profit |
| /operating_model/cells/downside_2027q3_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2027q3_gross_profit:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_gross_profit:downside/value | None | 81.604 |
| /operating_model/cells/downside_2027q3_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_investment_income:downside/id | None | downside_2027q3_investment_income |
| /operating_model/cells/downside_2027q3_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2027q3_investment_income:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/id | None | downside_2027q3_no_extra_special |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q3_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2027q3_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q3_operating_income:downside/formula/refs/0 | None | downside_2027q3_adjusted_ebitda |
| /operating_model/cells/downside_2027q3_operating_income:downside/formula/refs/1 | None | downside_2027q3_ebitda_to_gaap |
| /operating_model/cells/downside_2027q3_operating_income:downside/id | None | downside_2027q3_operating_income |
| /operating_model/cells/downside_2027q3_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2027q3_operating_income:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_operating_income:downside/value | None | 16.334000000000003 |
| /operating_model/cells/downside_2027q3_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_other_da:downside/id | None | downside_2027q3_other_da |
| /operating_model/cells/downside_2027q3_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2027q3_other_da:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_other_da:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q3_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_other_interest:downside/id | None | downside_2027q3_other_interest |
| /operating_model/cells/downside_2027q3_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2027q3_other_interest:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2027q3_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2027q3_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_preferred_base:downside/id | None | downside_2027q3_preferred_base |
| /operating_model/cells/downside_2027q3_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2027q3_preferred_base:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/formula/refs/0 | None | downside_2027q3_preferred_base |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/formula/refs/1 | None | downside_2027q3_preferred_rate |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/formula/refs/2 | None | downside_2027q3_quarter |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/id | None | downside_2027q3_preferred_cash |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_preferred_cash:downside/value | None | 8.332125000000001 |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/id | None | downside_2027q3_preferred_rate |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_preferred_rate:downside/value | None | 0.06535 |
| /operating_model/cells/downside_2027q3_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_quarter:downside/id | None | downside_2027q3_quarter |
| /operating_model/cells/downside_2027q3_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2027q3_quarter:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q3_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2027q3_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2027q3_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_retention_expense:downside/formula/refs/0 | None | downside_2027q3_apa_service_expense |
| /operating_model/cells/downside_2027q3_retention_expense:downside/formula/refs/1 | None | downside_2027q3_awm_service_expense |
| /operating_model/cells/downside_2027q3_retention_expense:downside/id | None | downside_2027q3_retention_expense |
| /operating_model/cells/downside_2027q3_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2027q3_retention_expense:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_retention_expense:downside/value | None | 3.75 |
| /operating_model/cells/downside_2027q3_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2027q3_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q3_revenue:downside/formula/refs/0 | None | downside_2027q3_core_revenue |
| /operating_model/cells/downside_2027q3_revenue:downside/formula/refs/1 | None | downside_2027q3_awm_revenue |
| /operating_model/cells/downside_2027q3_revenue:downside/id | None | downside_2027q3_revenue |
| /operating_model/cells/downside_2027q3_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q3_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2027q3_revenue:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_revenue:downside/value | None | 332.8 |
| /operating_model/cells/downside_2027q3_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_sbc:downside/id | None | downside_2027q3_sbc |
| /operating_model/cells/downside_2027q3_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2027q3_sbc:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_sbc:downside/value | None | 6.2 |
| /operating_model/cells/downside_2027q3_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q3_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_special_cash:downside/id | None | downside_2027q3_special_cash |
| /operating_model/cells/downside_2027q3_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2027q3_special_cash:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_special_cash:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q3_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2027q3_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2027q3_wc_source:downside/id | None | downside_2027q3_wc_source |
| /operating_model/cells/downside_2027q3_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q3_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2027q3_wc_source:downside/period | None | 2027Q3 |
| /operating_model/cells/downside_2027q3_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q3_wc_source:downside/value | None | -25.0 |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/id | None | downside_2027q4_acquisition_cash |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/formula/refs/0 | None | downside_2027q4_core_ebitda |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/formula/refs/1 | None | downside_2027q4_awm_ebitda |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/id | None | downside_2027q4_adjusted_ebitda |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_adjusted_ebitda:downside/value | None | 56.580000000000005 |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/id | None | downside_2027q4_apa_service_cash |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/label | None | APA service cash settlement |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_apa_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/id | None | downside_2027q4_apa_service_expense |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/label | None | APA service-linked compensation expense |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_apa_service_expense:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/id | None | downside_2027q4_awm_eb_margin |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/label | None | AWM EBITDA margin |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_awm_eb_margin:downside/value | None | 0.3 |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/formula/refs/0 | None | downside_2027q4_awm_revenue |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/formula/refs/1 | None | downside_2027q4_awm_eb_margin |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/id | None | downside_2027q4_awm_ebitda |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/label | None | AWM EBITDA contribution |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_awm_ebitda:downside/value | None | 5.1 |
| /operating_model/cells/downside_2027q4_awm_gm:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_awm_gm:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_gm:downside/id | None | downside_2027q4_awm_gm |
| /operating_model/cells/downside_2027q4_awm_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_awm_gm:downside/label | None | AWM gross margin |
| /operating_model/cells/downside_2027q4_awm_gm:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_awm_gm:downside/value | None | 0.47 |
| /operating_model/cells/downside_2027q4_awm_gp:downside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/downside_2027q4_awm_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_awm_gp:downside/formula/refs/0 | None | downside_2027q4_awm_revenue |
| /operating_model/cells/downside_2027q4_awm_gp:downside/formula/refs/1 | None | downside_2027q4_awm_gm |
| /operating_model/cells/downside_2027q4_awm_gp:downside/id | None | downside_2027q4_awm_gp |
| /operating_model/cells/downside_2027q4_awm_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_awm_gp:downside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/downside_2027q4_awm_gp:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_awm_gp:downside/value | None | 7.989999999999999 |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/id | None | downside_2027q4_awm_revenue |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/label | None | Consolidated AWM revenue |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_awm_revenue:downside/value | None | 17.0 |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/id | None | downside_2027q4_awm_service_cash |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/label | None | AWM service cash settlement |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_awm_service_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/id | None | downside_2027q4_awm_service_expense |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_awm_service_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2027q4_below_fcf:downside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/downside_2027q4_below_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_below_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_below_fcf:downside/formula/refs/0 | None | downside_2027q4_preferred_cash |
| /operating_model/cells/downside_2027q4_below_fcf:downside/formula/refs/1 | None | downside_2027q4_acquisition_cash |
| /operating_model/cells/downside_2027q4_below_fcf:downside/formula/refs/2 | None | downside_2027q4_contingent_cash |
| /operating_model/cells/downside_2027q4_below_fcf:downside/id | None | downside_2027q4_below_fcf |
| /operating_model/cells/downside_2027q4_below_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_below_fcf:downside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/downside_2027q4_below_fcf:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_below_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_below_fcf:downside/value | None | 12.606250000000001 |
| /operating_model/cells/downside_2027q4_capex:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_capex:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_capex:downside/id | None | downside_2027q4_capex |
| /operating_model/cells/downside_2027q4_capex:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_capex:downside/label | None | PP&E cash spending |
| /operating_model/cells/downside_2027q4_capex:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_capex:downside/value | None | 9.0 |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/formula/refs/0 | None | downside_2027q4_fcf |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/formula/refs/1 | None | downside_2027q4_below_fcf |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/id | None | downside_2027q4_cash_after_claims |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cash_after_claims:downside/value | None | 23.148750000000014 |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/refs/0 | None | downside_2027q4_operating_income |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/refs/1 | None | downside_2027q4_sbc |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/refs/2 | None | downside_2027q4_da |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/refs/3 | None | downside_2027q4_retention_expense |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/formula/refs/4 | None | downside_2027q4_investment_income |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/id | None | downside_2027q4_cash_before_uses |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cash_before_uses:downside/value | None | 56.780000000000015 |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/formula/refs/0 | None | downside_2027q4_cash_before_uses |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/formula/refs/1 | None | downside_2027q4_cash_uses |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/id | None | downside_2027q4_cash_before_wc |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/label | None | Cash before operating working capital |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cash_before_wc:downside/value | None | 39.75500000000002 |
| /operating_model/cells/downside_2027q4_cash_tax:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_cash_tax:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cash_tax:downside/id | None | downside_2027q4_cash_tax |
| /operating_model/cells/downside_2027q4_cash_tax:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_cash_tax:downside/label | None | Cash taxes |
| /operating_model/cells/downside_2027q4_cash_tax:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cash_tax:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cash_tax:downside/value | None | 15.0 |
| /operating_model/cells/downside_2027q4_cash_uses:downside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/downside_2027q4_cash_uses:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/0 | None | downside_2027q4_apa_service_cash |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/1 | None | downside_2027q4_awm_service_cash |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/2 | None | downside_2027q4_debt_coupon |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/3 | None | downside_2027q4_other_interest |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/4 | None | downside_2027q4_cash_tax |
| /operating_model/cells/downside_2027q4_cash_uses:downside/formula/refs/5 | None | downside_2027q4_no_extra_special |
| /operating_model/cells/downside_2027q4_cash_uses:downside/id | None | downside_2027q4_cash_uses |
| /operating_model/cells/downside_2027q4_cash_uses:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_cash_uses:downside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/downside_2027q4_cash_uses:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cash_uses:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cash_uses:downside/value | None | 17.025 |
| /operating_model/cells/downside_2027q4_cfo:downside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/downside_2027q4_cfo:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_cfo:downside/formula/refs/0 | None | downside_2027q4_cash_before_wc |
| /operating_model/cells/downside_2027q4_cfo:downside/formula/refs/1 | None | downside_2027q4_wc_source |
| /operating_model/cells/downside_2027q4_cfo:downside/id | None | downside_2027q4_cfo |
| /operating_model/cells/downside_2027q4_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_cfo:downside/label | None | Operating cash flow proxy |
| /operating_model/cells/downside_2027q4_cfo:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cfo:downside/value | None | 44.75500000000002 |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/id | None | downside_2027q4_cogs_amort |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_cogs_amort:downside/value | None | 6.7 |
| /operating_model/cells/downside_2027q4_combined_gp:downside/basis | None | Each business once. |
| /operating_model/cells/downside_2027q4_combined_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_combined_gp:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_combined_gp:downside/formula/refs/0 | None | downside_2027q4_core_adjusted_gp |
| /operating_model/cells/downside_2027q4_combined_gp:downside/formula/refs/1 | None | downside_2027q4_awm_gp |
| /operating_model/cells/downside_2027q4_combined_gp:downside/id | None | downside_2027q4_combined_gp |
| /operating_model/cells/downside_2027q4_combined_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_combined_gp:downside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/downside_2027q4_combined_gp:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_combined_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_combined_gp:downside/value | None | 108.97 |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/id | None | downside_2027q4_contingent_cash |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_contingent_cash:downside/value | None | 4.0 |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/formula/refs/0 | None | downside_2027q4_core_revenue |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/formula/refs/1 | None | downside_2027q4_core_gp_margin |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/id | None | downside_2027q4_core_adjusted_gp |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_core_adjusted_gp:downside/value | None | 100.98 |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/id | None | downside_2027q4_core_eb_margin |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_core_eb_margin:downside/value | None | 0.13 |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/formula/refs/0 | None | downside_2027q4_core_revenue |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/formula/refs/1 | None | downside_2027q4_core_eb_margin |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/id | None | downside_2027q4_core_ebitda |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_core_ebitda:downside/value | None | 51.480000000000004 |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/id | None | downside_2027q4_core_gp_margin |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/label | None | Adjusted gross margin |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_core_gp_margin:downside/value | None | 0.255 |
| /operating_model/cells/downside_2027q4_core_growth:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_core_growth:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_growth:downside/id | None | downside_2027q4_core_growth |
| /operating_model/cells/downside_2027q4_core_growth:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_core_growth:downside/label | None | Pre-AWM business expansion |
| /operating_model/cells/downside_2027q4_core_growth:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_growth:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_core_growth:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q4_core_revenue:downside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/downside_2027q4_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_revenue:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_core_revenue:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_2027q4_core_revenue:downside/formula/refs/1 | None | downside_2027q4_core_growth |
| /operating_model/cells/downside_2027q4_core_revenue:downside/formula/refs/2 | None | downside_2027q4_core_season |
| /operating_model/cells/downside_2027q4_core_revenue:downside/id | None | downside_2027q4_core_revenue |
| /operating_model/cells/downside_2027q4_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_core_revenue:downside/label | None | Revenue excluding AWM |
| /operating_model/cells/downside_2027q4_core_revenue:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_core_revenue:downside/value | None | 396.0 |
| /operating_model/cells/downside_2027q4_core_season:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_core_season:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_core_season:downside/id | None | downside_2027q4_core_season |
| /operating_model/cells/downside_2027q4_core_season:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_core_season:downside/label | None | Annual quarter share |
| /operating_model/cells/downside_2027q4_core_season:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_core_season:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_core_season:downside/value | None | 0.3 |
| /operating_model/cells/downside_2027q4_da:downside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/downside_2027q4_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_da:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_da:downside/formula/refs/0 | None | downside_2027q4_cogs_amort |
| /operating_model/cells/downside_2027q4_da:downside/formula/refs/1 | None | downside_2027q4_other_da |
| /operating_model/cells/downside_2027q4_da:downside/id | None | downside_2027q4_da |
| /operating_model/cells/downside_2027q4_da:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_da:downside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/downside_2027q4_da:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_da:downside/value | None | 18.7 |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/id | None | downside_2027q4_debt_coupon |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/label | None | Convertible cash coupon |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_debt_coupon:downside/value | None | 1.625 |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/formula/refs/0 | None | downside_2027q4_retention_expense |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/formula/refs/1 | None | downside_2027q4_special_cash |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/formula/refs/2 | None | downside_2027q4_sbc |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/formula/refs/3 | None | downside_2027q4_da |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/id | None | downside_2027q4_ebitda_to_gaap |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_ebitda_to_gaap:downside/value | None | 27.45 |
| /operating_model/cells/downside_2027q4_fcf:downside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/downside_2027q4_fcf:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_fcf:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q4_fcf:downside/formula/refs/0 | None | downside_2027q4_cfo |
| /operating_model/cells/downside_2027q4_fcf:downside/formula/refs/1 | None | downside_2027q4_capex |
| /operating_model/cells/downside_2027q4_fcf:downside/id | None | downside_2027q4_fcf |
| /operating_model/cells/downside_2027q4_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_fcf:downside/label | None | CFO less capex |
| /operating_model/cells/downside_2027q4_fcf:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_fcf:downside/value | None | 35.75500000000002 |
| /operating_model/cells/downside_2027q4_gross_profit:downside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/downside_2027q4_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_gross_profit:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q4_gross_profit:downside/formula/refs/0 | None | downside_2027q4_combined_gp |
| /operating_model/cells/downside_2027q4_gross_profit:downside/formula/refs/1 | None | downside_2027q4_cogs_amort |
| /operating_model/cells/downside_2027q4_gross_profit:downside/id | None | downside_2027q4_gross_profit |
| /operating_model/cells/downside_2027q4_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_gross_profit:downside/label | None | GAAP gross profit proxy |
| /operating_model/cells/downside_2027q4_gross_profit:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_gross_profit:downside/value | None | 102.27 |
| /operating_model/cells/downside_2027q4_investment_income:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_investment_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_investment_income:downside/id | None | downside_2027q4_investment_income |
| /operating_model/cells/downside_2027q4_investment_income:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_investment_income:downside/label | None | Cash investment income |
| /operating_model/cells/downside_2027q4_investment_income:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_investment_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_investment_income:downside/value | None | 1.2 |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/id | None | downside_2027q4_no_extra_special |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/label | None | Additional special-cost deduction |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_no_extra_special:downside/value | None | 0.0 |
| /operating_model/cells/downside_2027q4_operating_income:downside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/downside_2027q4_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_operating_income:downside/formula/op | None | subtract |
| /operating_model/cells/downside_2027q4_operating_income:downside/formula/refs/0 | None | downside_2027q4_adjusted_ebitda |
| /operating_model/cells/downside_2027q4_operating_income:downside/formula/refs/1 | None | downside_2027q4_ebitda_to_gaap |
| /operating_model/cells/downside_2027q4_operating_income:downside/id | None | downside_2027q4_operating_income |
| /operating_model/cells/downside_2027q4_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_operating_income:downside/label | None | GAAP operating income proxy |
| /operating_model/cells/downside_2027q4_operating_income:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_operating_income:downside/value | None | 29.130000000000006 |
| /operating_model/cells/downside_2027q4_other_da:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_other_da:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_other_da:downside/id | None | downside_2027q4_other_da |
| /operating_model/cells/downside_2027q4_other_da:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_other_da:downside/label | None | Other depreciation/amortization |
| /operating_model/cells/downside_2027q4_other_da:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_other_da:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_other_da:downside/value | None | 12.0 |
| /operating_model/cells/downside_2027q4_other_interest:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_other_interest:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_other_interest:downside/id | None | downside_2027q4_other_interest |
| /operating_model/cells/downside_2027q4_other_interest:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_other_interest:downside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/downside_2027q4_other_interest:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_other_interest:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_other_interest:downside/value | None | 0.4 |
| /operating_model/cells/downside_2027q4_preferred_base:downside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/downside_2027q4_preferred_base:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_preferred_base:downside/id | None | downside_2027q4_preferred_base |
| /operating_model/cells/downside_2027q4_preferred_base:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_preferred_base:downside/label | None | Preferred liquidation proxy |
| /operating_model/cells/downside_2027q4_preferred_base:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_preferred_base:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_preferred_base:downside/value | None | 510.0 |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/formula/op | None | multiply |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/formula/refs/0 | None | downside_2027q4_preferred_base |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/formula/refs/1 | None | downside_2027q4_preferred_rate |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/formula/refs/2 | None | downside_2027q4_quarter |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/id | None | downside_2027q4_preferred_cash |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_preferred_cash:downside/value | None | 8.606250000000001 |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/id | None | downside_2027q4_preferred_rate |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/label | None | Cash dividend rate |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_preferred_rate:downside/value | None | 0.0675 |
| /operating_model/cells/downside_2027q4_quarter:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_quarter:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_quarter:downside/id | None | downside_2027q4_quarter |
| /operating_model/cells/downside_2027q4_quarter:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_quarter:downside/label | None | Quarter year fraction |
| /operating_model/cells/downside_2027q4_quarter:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_quarter:downside/unit | None | ratio |
| /operating_model/cells/downside_2027q4_quarter:downside/value | None | 0.25 |
| /operating_model/cells/downside_2027q4_retention_expense:downside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/downside_2027q4_retention_expense:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_retention_expense:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_retention_expense:downside/formula/refs/0 | None | downside_2027q4_apa_service_expense |
| /operating_model/cells/downside_2027q4_retention_expense:downside/formula/refs/1 | None | downside_2027q4_awm_service_expense |
| /operating_model/cells/downside_2027q4_retention_expense:downside/id | None | downside_2027q4_retention_expense |
| /operating_model/cells/downside_2027q4_retention_expense:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_retention_expense:downside/label | None | Combined service-linked compensation |
| /operating_model/cells/downside_2027q4_retention_expense:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_retention_expense:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_retention_expense:downside/value | None | 1.25 |
| /operating_model/cells/downside_2027q4_revenue:downside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/downside_2027q4_revenue:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_2027q4_revenue:downside/formula/refs/0 | None | downside_2027q4_core_revenue |
| /operating_model/cells/downside_2027q4_revenue:downside/formula/refs/1 | None | downside_2027q4_awm_revenue |
| /operating_model/cells/downside_2027q4_revenue:downside/id | None | downside_2027q4_revenue |
| /operating_model/cells/downside_2027q4_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_2027q4_revenue:downside/label | None | Consolidated revenue |
| /operating_model/cells/downside_2027q4_revenue:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_revenue:downside/value | None | 413.0 |
| /operating_model/cells/downside_2027q4_sbc:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_sbc:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_sbc:downside/id | None | downside_2027q4_sbc |
| /operating_model/cells/downside_2027q4_sbc:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_sbc:downside/label | None | Ordinary equity compensation |
| /operating_model/cells/downside_2027q4_sbc:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_sbc:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_sbc:downside/value | None | 6.5 |
| /operating_model/cells/downside_2027q4_special_cash:downside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/downside_2027q4_special_cash:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_special_cash:downside/id | None | downside_2027q4_special_cash |
| /operating_model/cells/downside_2027q4_special_cash:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_special_cash:downside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/downside_2027q4_special_cash:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_special_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_special_cash:downside/value | None | 1.0 |
| /operating_model/cells/downside_2027q4_wc_source:downside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/downside_2027q4_wc_source:downside/case | None | downside |
| /operating_model/cells/downside_2027q4_wc_source:downside/id | None | downside_2027q4_wc_source |
| /operating_model/cells/downside_2027q4_wc_source:downside/kind | None | assumption |
| /operating_model/cells/downside_2027q4_wc_source:downside/label | None | Net working-capital cash source |
| /operating_model/cells/downside_2027q4_wc_source:downside/period | None | 2027Q4 |
| /operating_model/cells/downside_2027q4_wc_source:downside/unit | None | USD_millions |
| /operating_model/cells/downside_2027q4_wc_source:downside/value | None | 5.0 |
| /operating_model/cells/downside_core_target:downside/basis | None | Base is guided midpoint; other cases are desk delivery sensitivities. |
| /operating_model/cells/downside_core_target:downside/case | None | downside |
| /operating_model/cells/downside_core_target:downside/id | None | downside_core_target |
| /operating_model/cells/downside_core_target:downside/kind | None | assumption |
| /operating_model/cells/downside_core_target:downside/label | None | Annual pre-AWM revenue scenario |
| /operating_model/cells/downside_core_target:downside/period | None | FY2026 |
| /operating_model/cells/downside_core_target:downside/unit | None | USD_millions |
| /operating_model/cells/downside_core_target:downside/value | None | 1320.0 |
| /operating_model/cells/downside_eb_target:downside/basis | None | Base is guidance midpoint; no AWM in this amount. |
| /operating_model/cells/downside_eb_target:downside/case | None | downside |
| /operating_model/cells/downside_eb_target:downside/id | None | downside_eb_target |
| /operating_model/cells/downside_eb_target:downside/kind | None | assumption |
| /operating_model/cells/downside_eb_target:downside/label | None | Annual pre-AWM adjusted EBITDA scenario |
| /operating_model/cells/downside_eb_target:downside/period | None | FY2026 |
| /operating_model/cells/downside_eb_target:downside/unit | None | USD_millions |
| /operating_model/cells/downside_eb_target:downside/value | None | 170.0 |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/formula/refs/0 | None | h1_acquisition_cash |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/formula/refs/1 | None | downside_2026q3_acquisition_cash |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/formula/refs/2 | None | downside_2026q4_acquisition_cash |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/id | None | downside_fy2026_acquisition_cash |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_acquisition_cash:downside/value | None | 165.0 |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/formula/refs/1 | None | downside_2026q3_adjusted_ebitda |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/formula/refs/2 | None | downside_2026q4_adjusted_ebitda |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/id | None | downside_fy2026_adjusted_ebitda |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_adjusted_ebitda:downside/value | None | 175.4 |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/formula/refs/0 | None | h1_awm_revenue |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/formula/refs/1 | None | downside_2026q3_awm_revenue |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/formula/refs/2 | None | downside_2026q4_awm_revenue |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/id | None | downside_fy2026_awm_revenue |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_awm_revenue:downside/value | None | 18.0 |
| /operating_model/cells/downside_fy2026_capex:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_capex:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_capex:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_capex:downside/formula/refs/0 | None | h1_capex |
| /operating_model/cells/downside_fy2026_capex:downside/formula/refs/1 | None | downside_2026q3_capex |
| /operating_model/cells/downside_fy2026_capex:downside/formula/refs/2 | None | downside_2026q4_capex |
| /operating_model/cells/downside_fy2026_capex:downside/id | None | downside_fy2026_capex |
| /operating_model/cells/downside_fy2026_capex:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_capex:downside/label | None | Cash capex ($M) |
| /operating_model/cells/downside_fy2026_capex:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_capex:downside/value | None | 31.144 |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/formula/refs/0 | None | h1_cash_after_claims |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/formula/refs/1 | None | downside_2026q3_cash_after_claims |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/formula/refs/2 | None | downside_2026q4_cash_after_claims |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/id | None | downside_fy2026_cash_after_claims |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_cash_after_claims:downside/value | None | -245.27709417808217 |
| /operating_model/cells/downside_fy2026_cfo:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_cfo:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_cfo:downside/formula/refs/0 | None | h1_cfo |
| /operating_model/cells/downside_fy2026_cfo:downside/formula/refs/1 | None | downside_2026q3_cfo |
| /operating_model/cells/downside_fy2026_cfo:downside/formula/refs/2 | None | downside_2026q4_cfo |
| /operating_model/cells/downside_fy2026_cfo:downside/id | None | downside_fy2026_cfo |
| /operating_model/cells/downside_fy2026_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_cfo:downside/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/downside_fy2026_cfo:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_cfo:downside/value | None | -26.621594178082177 |
| /operating_model/cells/downside_fy2026_core_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_core_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_core_revenue:downside/formula/refs/0 | None | h1_core_revenue |
| /operating_model/cells/downside_fy2026_core_revenue:downside/formula/refs/1 | None | downside_2026q3_core_revenue |
| /operating_model/cells/downside_fy2026_core_revenue:downside/formula/refs/2 | None | downside_2026q4_core_revenue |
| /operating_model/cells/downside_fy2026_core_revenue:downside/id | None | downside_fy2026_core_revenue |
| /operating_model/cells/downside_fy2026_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_core_revenue:downside/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/downside_fy2026_core_revenue:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_core_revenue:downside/value | None | 1320.0 |
| /operating_model/cells/downside_fy2026_fcf:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_fcf:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_fcf:downside/formula/refs/0 | None | h1_fcf |
| /operating_model/cells/downside_fy2026_fcf:downside/formula/refs/1 | None | downside_2026q3_fcf |
| /operating_model/cells/downside_fy2026_fcf:downside/formula/refs/2 | None | downside_2026q4_fcf |
| /operating_model/cells/downside_fy2026_fcf:downside/id | None | downside_fy2026_fcf |
| /operating_model/cells/downside_fy2026_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_fcf:downside/label | None | CFO less capex ($M) |
| /operating_model/cells/downside_fy2026_fcf:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_fcf:downside/value | None | -57.76559417808218 |
| /operating_model/cells/downside_fy2026_gross_profit:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_gross_profit:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_gross_profit:downside/formula/refs/0 | None | h1_gross_profit |
| /operating_model/cells/downside_fy2026_gross_profit:downside/formula/refs/1 | None | downside_2026q3_gross_profit |
| /operating_model/cells/downside_fy2026_gross_profit:downside/formula/refs/2 | None | downside_2026q4_gross_profit |
| /operating_model/cells/downside_fy2026_gross_profit:downside/id | None | downside_fy2026_gross_profit |
| /operating_model/cells/downside_fy2026_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_gross_profit:downside/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/downside_fy2026_gross_profit:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_gross_profit:downside/value | None | 321.05100000000004 |
| /operating_model/cells/downside_fy2026_operating_income:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_operating_income:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_operating_income:downside/formula/refs/0 | None | h1_operating_income |
| /operating_model/cells/downside_fy2026_operating_income:downside/formula/refs/1 | None | downside_2026q3_operating_income |
| /operating_model/cells/downside_fy2026_operating_income:downside/formula/refs/2 | None | downside_2026q4_operating_income |
| /operating_model/cells/downside_fy2026_operating_income:downside/id | None | downside_fy2026_operating_income |
| /operating_model/cells/downside_fy2026_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_operating_income:downside/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/downside_fy2026_operating_income:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_operating_income:downside/value | None | 62.52033333333334 |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/formula/refs/0 | None | h1_preferred_cash |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/formula/refs/1 | None | downside_2026q3_preferred_cash |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/formula/refs/2 | None | downside_2026q4_preferred_cash |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/id | None | downside_fy2026_preferred_cash |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_preferred_cash:downside/value | None | 15.9375 |
| /operating_model/cells/downside_fy2026_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2026_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2026_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2026_revenue:downside/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/downside_fy2026_revenue:downside/formula/refs/1 | None | downside_2026q3_revenue |
| /operating_model/cells/downside_fy2026_revenue:downside/formula/refs/2 | None | downside_2026q4_revenue |
| /operating_model/cells/downside_fy2026_revenue:downside/id | None | downside_fy2026_revenue |
| /operating_model/cells/downside_fy2026_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2026_revenue:downside/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/downside_fy2026_revenue:downside/period | None | FY2026 |
| /operating_model/cells/downside_fy2026_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2026_revenue:downside/value | None | 1338.0 |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/formula/refs/0 | None | downside_2027q1_acquisition_cash |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/formula/refs/1 | None | downside_2027q2_acquisition_cash |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/formula/refs/2 | None | downside_2027q3_acquisition_cash |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/formula/refs/3 | None | downside_2027q4_acquisition_cash |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/id | None | downside_fy2027_acquisition_cash |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_acquisition_cash:downside/value | None | 0.0 |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/formula/refs/0 | None | downside_2027q1_adjusted_ebitda |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/formula/refs/1 | None | downside_2027q2_adjusted_ebitda |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/formula/refs/2 | None | downside_2027q3_adjusted_ebitda |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/formula/refs/3 | None | downside_2027q4_adjusted_ebitda |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/id | None | downside_fy2027_adjusted_ebitda |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_adjusted_ebitda:downside/value | None | 190.20000000000002 |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/formula/refs/0 | None | downside_2027q1_awm_revenue |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/formula/refs/1 | None | downside_2027q2_awm_revenue |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/formula/refs/2 | None | downside_2027q3_awm_revenue |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/formula/refs/3 | None | downside_2027q4_awm_revenue |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/id | None | downside_fy2027_awm_revenue |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_awm_revenue:downside/value | None | 62.0 |
| /operating_model/cells/downside_fy2027_capex:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_capex:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_capex:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_capex:downside/formula/refs/0 | None | downside_2027q1_capex |
| /operating_model/cells/downside_fy2027_capex:downside/formula/refs/1 | None | downside_2027q2_capex |
| /operating_model/cells/downside_fy2027_capex:downside/formula/refs/2 | None | downside_2027q3_capex |
| /operating_model/cells/downside_fy2027_capex:downside/formula/refs/3 | None | downside_2027q4_capex |
| /operating_model/cells/downside_fy2027_capex:downside/id | None | downside_fy2027_capex |
| /operating_model/cells/downside_fy2027_capex:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_capex:downside/label | None | Cash capex ($M) |
| /operating_model/cells/downside_fy2027_capex:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_capex:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_capex:downside/value | None | 36.0 |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/formula/refs/0 | None | downside_2027q1_cash_after_claims |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/formula/refs/1 | None | downside_2027q2_cash_after_claims |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/formula/refs/2 | None | downside_2027q3_cash_after_claims |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/formula/refs/3 | None | downside_2027q4_cash_after_claims |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/id | None | downside_fy2027_cash_after_claims |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_cash_after_claims:downside/value | None | 73.1635941780822 |
| /operating_model/cells/downside_fy2027_cfo:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_cfo:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_cfo:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_cfo:downside/formula/refs/0 | None | downside_2027q1_cfo |
| /operating_model/cells/downside_fy2027_cfo:downside/formula/refs/1 | None | downside_2027q2_cfo |
| /operating_model/cells/downside_fy2027_cfo:downside/formula/refs/2 | None | downside_2027q3_cfo |
| /operating_model/cells/downside_fy2027_cfo:downside/formula/refs/3 | None | downside_2027q4_cfo |
| /operating_model/cells/downside_fy2027_cfo:downside/id | None | downside_fy2027_cfo |
| /operating_model/cells/downside_fy2027_cfo:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_cfo:downside/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/downside_fy2027_cfo:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_cfo:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_cfo:downside/value | None | 146.03946917808221 |
| /operating_model/cells/downside_fy2027_core_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_core_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_core_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_core_revenue:downside/formula/refs/0 | None | downside_2027q1_core_revenue |
| /operating_model/cells/downside_fy2027_core_revenue:downside/formula/refs/1 | None | downside_2027q2_core_revenue |
| /operating_model/cells/downside_fy2027_core_revenue:downside/formula/refs/2 | None | downside_2027q3_core_revenue |
| /operating_model/cells/downside_fy2027_core_revenue:downside/formula/refs/3 | None | downside_2027q4_core_revenue |
| /operating_model/cells/downside_fy2027_core_revenue:downside/id | None | downside_fy2027_core_revenue |
| /operating_model/cells/downside_fy2027_core_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_core_revenue:downside/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/downside_fy2027_core_revenue:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_core_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_core_revenue:downside/value | None | 1320.0 |
| /operating_model/cells/downside_fy2027_fcf:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_fcf:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_fcf:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_fcf:downside/formula/refs/0 | None | downside_2027q1_fcf |
| /operating_model/cells/downside_fy2027_fcf:downside/formula/refs/1 | None | downside_2027q2_fcf |
| /operating_model/cells/downside_fy2027_fcf:downside/formula/refs/2 | None | downside_2027q3_fcf |
| /operating_model/cells/downside_fy2027_fcf:downside/formula/refs/3 | None | downside_2027q4_fcf |
| /operating_model/cells/downside_fy2027_fcf:downside/id | None | downside_fy2027_fcf |
| /operating_model/cells/downside_fy2027_fcf:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_fcf:downside/label | None | CFO less capex ($M) |
| /operating_model/cells/downside_fy2027_fcf:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_fcf:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_fcf:downside/value | None | 110.03946917808221 |
| /operating_model/cells/downside_fy2027_gross_profit:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_gross_profit:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_gross_profit:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_gross_profit:downside/formula/refs/0 | None | downside_2027q1_gross_profit |
| /operating_model/cells/downside_fy2027_gross_profit:downside/formula/refs/1 | None | downside_2027q2_gross_profit |
| /operating_model/cells/downside_fy2027_gross_profit:downside/formula/refs/2 | None | downside_2027q3_gross_profit |
| /operating_model/cells/downside_fy2027_gross_profit:downside/formula/refs/3 | None | downside_2027q4_gross_profit |
| /operating_model/cells/downside_fy2027_gross_profit:downside/id | None | downside_fy2027_gross_profit |
| /operating_model/cells/downside_fy2027_gross_profit:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_gross_profit:downside/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/downside_fy2027_gross_profit:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_gross_profit:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_gross_profit:downside/value | None | 338.93999999999994 |
| /operating_model/cells/downside_fy2027_operating_income:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_operating_income:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_operating_income:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_operating_income:downside/formula/refs/0 | None | downside_2027q1_operating_income |
| /operating_model/cells/downside_fy2027_operating_income:downside/formula/refs/1 | None | downside_2027q2_operating_income |
| /operating_model/cells/downside_fy2027_operating_income:downside/formula/refs/2 | None | downside_2027q3_operating_income |
| /operating_model/cells/downside_fy2027_operating_income:downside/formula/refs/3 | None | downside_2027q4_operating_income |
| /operating_model/cells/downside_fy2027_operating_income:downside/id | None | downside_fy2027_operating_income |
| /operating_model/cells/downside_fy2027_operating_income:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_operating_income:downside/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/downside_fy2027_operating_income:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_operating_income:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_operating_income:downside/value | None | 69.70000000000002 |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/formula/refs/0 | None | downside_2027q1_preferred_cash |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/formula/refs/1 | None | downside_2027q2_preferred_cash |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/formula/refs/2 | None | downside_2027q3_preferred_cash |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/formula/refs/3 | None | downside_2027q4_preferred_cash |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/id | None | downside_fy2027_preferred_cash |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_preferred_cash:downside/value | None | 32.875875 |
| /operating_model/cells/downside_fy2027_revenue:downside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/downside_fy2027_revenue:downside/case | None | downside |
| /operating_model/cells/downside_fy2027_revenue:downside/formula/op | None | sum |
| /operating_model/cells/downside_fy2027_revenue:downside/formula/refs/0 | None | downside_2027q1_revenue |
| /operating_model/cells/downside_fy2027_revenue:downside/formula/refs/1 | None | downside_2027q2_revenue |
| /operating_model/cells/downside_fy2027_revenue:downside/formula/refs/2 | None | downside_2027q3_revenue |
| /operating_model/cells/downside_fy2027_revenue:downside/formula/refs/3 | None | downside_2027q4_revenue |
| /operating_model/cells/downside_fy2027_revenue:downside/id | None | downside_fy2027_revenue |
| /operating_model/cells/downside_fy2027_revenue:downside/kind | None | derived |
| /operating_model/cells/downside_fy2027_revenue:downside/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/downside_fy2027_revenue:downside/period | None | FY2027 |
| /operating_model/cells/downside_fy2027_revenue:downside/unit | None | USD_millions |
| /operating_model/cells/downside_fy2027_revenue:downside/value | None | 1382.0 |
| /operating_model/cells/downside_gm:downside/basis | None | Base 27.5% is midpoint of 27%-28% company range. |
| /operating_model/cells/downside_gm:downside/case | None | downside |
| /operating_model/cells/downside_gm:downside/id | None | downside_gm |
| /operating_model/cells/downside_gm:downside/kind | None | assumption |
| /operating_model/cells/downside_gm:downside/label | None | Annual adjusted gross margin |
| /operating_model/cells/downside_gm:downside/period | None | FY2026 |
| /operating_model/cells/downside_gm:downside/unit | None | ratio |
| /operating_model/cells/downside_gm:downside/value | None | 0.255 |
| /operating_model/cells/downside_gp_target:downside/basis | None | Includes rebates once through product economics. |
| /operating_model/cells/downside_gp_target:downside/case | None | downside |
| /operating_model/cells/downside_gp_target:downside/formula/op | None | multiply |
| /operating_model/cells/downside_gp_target:downside/formula/refs/0 | None | downside_core_target |
| /operating_model/cells/downside_gp_target:downside/formula/refs/1 | None | downside_gm |
| /operating_model/cells/downside_gp_target:downside/id | None | downside_gp_target |
| /operating_model/cells/downside_gp_target:downside/kind | None | derived |
| /operating_model/cells/downside_gp_target:downside/label | None | Annual pre-AWM adjusted gross profit |
| /operating_model/cells/downside_gp_target:downside/period | None | FY2026 |
| /operating_model/cells/downside_gp_target:downside/unit | None | USD_millions |
| /operating_model/cells/downside_gp_target:downside/value | None | 336.6 |
| /operating_model/cells/ebitda_guide:shared/basis | None | Calculated midpoint of the company range; not an additional company forecast. |
| /operating_model/cells/ebitda_guide:shared/case | None | shared |
| /operating_model/cells/ebitda_guide:shared/formula/op | None | divide |
| /operating_model/cells/ebitda_guide:shared/formula/refs/0 | None | ebitda_guide_sum |
| /operating_model/cells/ebitda_guide:shared/formula/refs/1 | None | two |
| /operating_model/cells/ebitda_guide:shared/id | None | ebitda_guide |
| /operating_model/cells/ebitda_guide:shared/kind | None | derived |
| /operating_model/cells/ebitda_guide:shared/label | None | 2026 adjusted EBITDA excluding AWM midpoint |
| /operating_model/cells/ebitda_guide:shared/period | None | FY2026 |
| /operating_model/cells/ebitda_guide:shared/unit | None | USD_millions |
| /operating_model/cells/ebitda_guide:shared/value | None | 220.0 |
| /operating_model/cells/ebitda_guide_high:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/ebitda_guide_high:shared/case | None | shared |
| /operating_model/cells/ebitda_guide_high:shared/id | None | ebitda_guide_high |
| /operating_model/cells/ebitda_guide_high:shared/kind | None | management_guidance |
| /operating_model/cells/ebitda_guide_high:shared/label | None | 2026 adjusted EBITDA excluding AWM high |
| /operating_model/cells/ebitda_guide_high:shared/period | None | FY2026 |
| /operating_model/cells/ebitda_guide_high:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/ebitda_guide_high:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /operating_model/cells/ebitda_guide_high:shared/unit | None | USD_millions |
| /operating_model/cells/ebitda_guide_high:shared/value | None | 230.0 |
| /operating_model/cells/ebitda_guide_low:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/ebitda_guide_low:shared/case | None | shared |
| /operating_model/cells/ebitda_guide_low:shared/id | None | ebitda_guide_low |
| /operating_model/cells/ebitda_guide_low:shared/kind | None | management_guidance |
| /operating_model/cells/ebitda_guide_low:shared/label | None | 2026 adjusted EBITDA excluding AWM low |
| /operating_model/cells/ebitda_guide_low:shared/period | None | FY2026 |
| /operating_model/cells/ebitda_guide_low:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/ebitda_guide_low:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /operating_model/cells/ebitda_guide_low:shared/unit | None | USD_millions |
| /operating_model/cells/ebitda_guide_low:shared/value | None | 210.0 |
| /operating_model/cells/ebitda_guide_sum:shared/basis | None | Arithmetic intermediate. |
| /operating_model/cells/ebitda_guide_sum:shared/case | None | shared |
| /operating_model/cells/ebitda_guide_sum:shared/formula/op | None | sum |
| /operating_model/cells/ebitda_guide_sum:shared/formula/refs/0 | None | ebitda_guide_low |
| /operating_model/cells/ebitda_guide_sum:shared/formula/refs/1 | None | ebitda_guide_high |
| /operating_model/cells/ebitda_guide_sum:shared/id | None | ebitda_guide_sum |
| /operating_model/cells/ebitda_guide_sum:shared/kind | None | derived |
| /operating_model/cells/ebitda_guide_sum:shared/label | None | 2026 adjusted EBITDA excluding AWM endpoint sum |
| /operating_model/cells/ebitda_guide_sum:shared/period | None | FY2026 |
| /operating_model/cells/ebitda_guide_sum:shared/unit | None | USD_millions |
| /operating_model/cells/ebitda_guide_sum:shared/value | None | 440.0 |
| /operating_model/cells/h1_acquisition_cash:shared/basis | None | Pre-AWM consolidated perimeter. No preferred cash dividends or acquisitions paid in H1. |
| /operating_model/cells/h1_acquisition_cash:shared/case | None | shared |
| /operating_model/cells/h1_acquisition_cash:shared/id | None | h1_acquisition_cash |
| /operating_model/cells/h1_acquisition_cash:shared/kind | None | reported |
| /operating_model/cells/h1_acquisition_cash:shared/label | None | H1 acquisition cash |
| /operating_model/cells/h1_acquisition_cash:shared/period | None | H1 2026 |
| /operating_model/cells/h1_acquisition_cash:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_acquisition_cash:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_acquisition_cash:shared/unit | None | USD_millions |
| /operating_model/cells/h1_acquisition_cash:shared/value | None | 0.0 |
| /operating_model/cells/h1_acquisition_expense:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_acquisition_expense:shared/case | None | shared |
| /operating_model/cells/h1_acquisition_expense:shared/id | None | h1_acquisition_expense |
| /operating_model/cells/h1_acquisition_expense:shared/kind | None | reported |
| /operating_model/cells/h1_acquisition_expense:shared/label | None | H1 acquisition expense |
| /operating_model/cells/h1_acquisition_expense:shared/period | None | H1 2026 |
| /operating_model/cells/h1_acquisition_expense:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_acquisition_expense:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /operating_model/cells/h1_acquisition_expense:shared/unit | None | USD_millions |
| /operating_model/cells/h1_acquisition_expense:shared/value | None | 10.758 |
| /operating_model/cells/h1_adjusted_ebitda:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_adjusted_ebitda:shared/case | None | shared |
| /operating_model/cells/h1_adjusted_ebitda:shared/id | None | h1_adjusted_ebitda |
| /operating_model/cells/h1_adjusted_ebitda:shared/kind | None | reported |
| /operating_model/cells/h1_adjusted_ebitda:shared/label | None | H1 adjusted ebitda |
| /operating_model/cells/h1_adjusted_ebitda:shared/period | None | H1 2026 |
| /operating_model/cells/h1_adjusted_ebitda:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_adjusted_ebitda:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /operating_model/cells/h1_adjusted_ebitda:shared/unit | None | USD_millions |
| /operating_model/cells/h1_adjusted_ebitda:shared/value | None | 92.087 |
| /operating_model/cells/h1_adjusted_gp:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_adjusted_gp:shared/case | None | shared |
| /operating_model/cells/h1_adjusted_gp:shared/id | None | h1_adjusted_gp |
| /operating_model/cells/h1_adjusted_gp:shared/kind | None | reported |
| /operating_model/cells/h1_adjusted_gp:shared/label | None | H1 adjusted gp |
| /operating_model/cells/h1_adjusted_gp:shared/period | None | H1 2026 |
| /operating_model/cells/h1_adjusted_gp:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_adjusted_gp:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /operating_model/cells/h1_adjusted_gp:shared/unit | None | USD_millions |
| /operating_model/cells/h1_adjusted_gp:shared/value | None | 173.917 |
| /operating_model/cells/h1_awm_revenue:shared/basis | None | Pre-AWM consolidated perimeter. No preferred cash dividends or acquisitions paid in H1. |
| /operating_model/cells/h1_awm_revenue:shared/case | None | shared |
| /operating_model/cells/h1_awm_revenue:shared/id | None | h1_awm_revenue |
| /operating_model/cells/h1_awm_revenue:shared/kind | None | reported |
| /operating_model/cells/h1_awm_revenue:shared/label | None | H1 awm revenue |
| /operating_model/cells/h1_awm_revenue:shared/period | None | H1 2026 |
| /operating_model/cells/h1_awm_revenue:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_awm_revenue:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_awm_revenue:shared/unit | None | USD_millions |
| /operating_model/cells/h1_awm_revenue:shared/value | None | 0.0 |
| /operating_model/cells/h1_capex:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_capex:shared/case | None | shared |
| /operating_model/cells/h1_capex:shared/id | None | h1_capex |
| /operating_model/cells/h1_capex:shared/kind | None | reported |
| /operating_model/cells/h1_capex:shared/label | None | H1 capex |
| /operating_model/cells/h1_capex:shared/period | None | H1 2026 |
| /operating_model/cells/h1_capex:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_capex:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_capex:shared/unit | None | USD_millions |
| /operating_model/cells/h1_capex:shared/value | None | 15.144 |
| /operating_model/cells/h1_cash_after_claims:shared/basis | None | Before other financing cash and debt principal. |
| /operating_model/cells/h1_cash_after_claims:shared/case | None | shared |
| /operating_model/cells/h1_cash_after_claims:shared/formula/op | None | subtract |
| /operating_model/cells/h1_cash_after_claims:shared/formula/refs/0 | None | h1_fcf |
| /operating_model/cells/h1_cash_after_claims:shared/formula/refs/1 | None | h1_contingent_cash |
| /operating_model/cells/h1_cash_after_claims:shared/id | None | h1_cash_after_claims |
| /operating_model/cells/h1_cash_after_claims:shared/kind | None | derived |
| /operating_model/cells/h1_cash_after_claims:shared/label | None | H1 cash after capex and earnouts |
| /operating_model/cells/h1_cash_after_claims:shared/period | None | H1 2026 |
| /operating_model/cells/h1_cash_after_claims:shared/unit | None | USD_millions |
| /operating_model/cells/h1_cash_after_claims:shared/value | None | 74.14 |
| /operating_model/cells/h1_cfo:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_cfo:shared/case | None | shared |
| /operating_model/cells/h1_cfo:shared/id | None | h1_cfo |
| /operating_model/cells/h1_cfo:shared/kind | None | reported |
| /operating_model/cells/h1_cfo:shared/label | None | H1 cfo |
| /operating_model/cells/h1_cfo:shared/period | None | H1 2026 |
| /operating_model/cells/h1_cfo:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_cfo:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_cfo:shared/unit | None | USD_millions |
| /operating_model/cells/h1_cfo:shared/value | None | 91.858 |
| /operating_model/cells/h1_common_income:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_common_income:shared/case | None | shared |
| /operating_model/cells/h1_common_income:shared/id | None | h1_common_income |
| /operating_model/cells/h1_common_income:shared/kind | None | reported |
| /operating_model/cells/h1_common_income:shared/label | None | H1 common income |
| /operating_model/cells/h1_common_income:shared/period | None | H1 2026 |
| /operating_model/cells/h1_common_income:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_common_income:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_common_income:shared/unit | None | USD_millions |
| /operating_model/cells/h1_common_income:shared/value | None | -5.102 |
| /operating_model/cells/h1_contingent_cash:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_contingent_cash:shared/case | None | shared |
| /operating_model/cells/h1_contingent_cash:shared/id | None | h1_contingent_cash |
| /operating_model/cells/h1_contingent_cash:shared/kind | None | reported |
| /operating_model/cells/h1_contingent_cash:shared/label | None | H1 contingent cash |
| /operating_model/cells/h1_contingent_cash:shared/period | None | H1 2026 |
| /operating_model/cells/h1_contingent_cash:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_contingent_cash:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_contingent_cash:shared/unit | None | USD_millions |
| /operating_model/cells/h1_contingent_cash:shared/value | None | 2.574 |
| /operating_model/cells/h1_core_revenue:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_core_revenue:shared/case | None | shared |
| /operating_model/cells/h1_core_revenue:shared/id | None | h1_core_revenue |
| /operating_model/cells/h1_core_revenue:shared/kind | None | reported |
| /operating_model/cells/h1_core_revenue:shared/label | None | H1 core revenue |
| /operating_model/cells/h1_core_revenue:shared/period | None | H1 2026 |
| /operating_model/cells/h1_core_revenue:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_core_revenue:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_core_revenue:shared/unit | None | USD_millions |
| /operating_model/cells/h1_core_revenue:shared/value | None | 565.477 |
| /operating_model/cells/h1_da:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_da:shared/case | None | shared |
| /operating_model/cells/h1_da:shared/id | None | h1_da |
| /operating_model/cells/h1_da:shared/kind | None | reported |
| /operating_model/cells/h1_da:shared/label | None | H1 da |
| /operating_model/cells/h1_da:shared/period | None | H1 2026 |
| /operating_model/cells/h1_da:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_da:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_da:shared/unit | None | USD_millions |
| /operating_model/cells/h1_da:shared/value | None | 31.08 |
| /operating_model/cells/h1_fair_value:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_fair_value:shared/case | None | shared |
| /operating_model/cells/h1_fair_value:shared/id | None | h1_fair_value |
| /operating_model/cells/h1_fair_value:shared/kind | None | reported |
| /operating_model/cells/h1_fair_value:shared/label | None | H1 fair value |
| /operating_model/cells/h1_fair_value:shared/period | None | H1 2026 |
| /operating_model/cells/h1_fair_value:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_fair_value:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_fair_value:shared/unit | None | USD_millions |
| /operating_model/cells/h1_fair_value:shared/value | None | -0.145 |
| /operating_model/cells/h1_fcf:shared/basis | None | Company cash capex definition. |
| /operating_model/cells/h1_fcf:shared/case | None | shared |
| /operating_model/cells/h1_fcf:shared/formula/op | None | subtract |
| /operating_model/cells/h1_fcf:shared/formula/refs/0 | None | h1_cfo |
| /operating_model/cells/h1_fcf:shared/formula/refs/1 | None | h1_capex |
| /operating_model/cells/h1_fcf:shared/id | None | h1_fcf |
| /operating_model/cells/h1_fcf:shared/kind | None | derived |
| /operating_model/cells/h1_fcf:shared/label | None | H1 CFO less capex |
| /operating_model/cells/h1_fcf:shared/period | None | H1 2026 |
| /operating_model/cells/h1_fcf:shared/unit | None | USD_millions |
| /operating_model/cells/h1_fcf:shared/value | None | 76.714 |
| /operating_model/cells/h1_gross_profit:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_gross_profit:shared/case | None | shared |
| /operating_model/cells/h1_gross_profit:shared/id | None | h1_gross_profit |
| /operating_model/cells/h1_gross_profit:shared/kind | None | reported |
| /operating_model/cells/h1_gross_profit:shared/label | None | H1 gross profit |
| /operating_model/cells/h1_gross_profit:shared/period | None | H1 2026 |
| /operating_model/cells/h1_gross_profit:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_gross_profit:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_gross_profit:shared/unit | None | USD_millions |
| /operating_model/cells/h1_gross_profit:shared/value | None | 162.608 |
| /operating_model/cells/h1_net_income:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_net_income:shared/case | None | shared |
| /operating_model/cells/h1_net_income:shared/id | None | h1_net_income |
| /operating_model/cells/h1_net_income:shared/kind | None | reported |
| /operating_model/cells/h1_net_income:shared/label | None | H1 net income |
| /operating_model/cells/h1_net_income:shared/period | None | H1 2026 |
| /operating_model/cells/h1_net_income:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_net_income:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_net_income:shared/unit | None | USD_millions |
| /operating_model/cells/h1_net_income:shared/value | None | 26.343 |
| /operating_model/cells/h1_operating_income:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_operating_income:shared/case | None | shared |
| /operating_model/cells/h1_operating_income:shared/id | None | h1_operating_income |
| /operating_model/cells/h1_operating_income:shared/kind | None | reported |
| /operating_model/cells/h1_operating_income:shared/label | None | H1 operating income |
| /operating_model/cells/h1_operating_income:shared/period | None | H1 2026 |
| /operating_model/cells/h1_operating_income:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_operating_income:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_operating_income:shared/unit | None | USD_millions |
| /operating_model/cells/h1_operating_income:shared/value | None | 41.874 |
| /operating_model/cells/h1_preferred_cash:shared/basis | None | Pre-AWM consolidated perimeter. No preferred cash dividends or acquisitions paid in H1. |
| /operating_model/cells/h1_preferred_cash:shared/case | None | shared |
| /operating_model/cells/h1_preferred_cash:shared/id | None | h1_preferred_cash |
| /operating_model/cells/h1_preferred_cash:shared/kind | None | reported |
| /operating_model/cells/h1_preferred_cash:shared/label | None | H1 preferred cash |
| /operating_model/cells/h1_preferred_cash:shared/period | None | H1 2026 |
| /operating_model/cells/h1_preferred_cash:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_preferred_cash:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_preferred_cash:shared/unit | None | USD_millions |
| /operating_model/cells/h1_preferred_cash:shared/value | None | 0.0 |
| /operating_model/cells/h1_preferred_economic:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_preferred_economic:shared/case | None | shared |
| /operating_model/cells/h1_preferred_economic:shared/id | None | h1_preferred_economic |
| /operating_model/cells/h1_preferred_economic:shared/kind | None | reported |
| /operating_model/cells/h1_preferred_economic:shared/label | None | H1 preferred economic |
| /operating_model/cells/h1_preferred_economic:shared/period | None | H1 2026 |
| /operating_model/cells/h1_preferred_economic:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_preferred_economic:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_preferred_economic:shared/unit | None | USD_millions |
| /operating_model/cells/h1_preferred_economic:shared/value | None | 31.445 |
| /operating_model/cells/h1_revenue:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_revenue:shared/case | None | shared |
| /operating_model/cells/h1_revenue:shared/id | None | h1_revenue |
| /operating_model/cells/h1_revenue:shared/kind | None | reported |
| /operating_model/cells/h1_revenue:shared/label | None | H1 revenue |
| /operating_model/cells/h1_revenue:shared/period | None | H1 2026 |
| /operating_model/cells/h1_revenue:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_revenue:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_revenue:shared/unit | None | USD_millions |
| /operating_model/cells/h1_revenue:shared/value | None | 565.477 |
| /operating_model/cells/h1_sbc:shared/basis | None | Reported H1 amount converted to millions. |
| /operating_model/cells/h1_sbc:shared/case | None | shared |
| /operating_model/cells/h1_sbc:shared/id | None | h1_sbc |
| /operating_model/cells/h1_sbc:shared/kind | None | reported |
| /operating_model/cells/h1_sbc:shared/label | None | H1 sbc |
| /operating_model/cells/h1_sbc:shared/period | None | H1 2026 |
| /operating_model/cells/h1_sbc:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/h1_sbc:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/h1_sbc:shared/unit | None | USD_millions |
| /operating_model/cells/h1_sbc:shared/value | None | 8.52 |
| /operating_model/cells/preferred_liquidation:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/preferred_liquidation:shared/case | None | shared |
| /operating_model/cells/preferred_liquidation:shared/id | None | preferred_liquidation |
| /operating_model/cells/preferred_liquidation:shared/kind | None | reported |
| /operating_model/cells/preferred_liquidation:shared/label | None | preferred liquidation |
| /operating_model/cells/preferred_liquidation:shared/period | None | June-August 2026 |
| /operating_model/cells/preferred_liquidation:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/preferred_liquidation:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/preferred_liquidation:shared/unit | None | USD_millions |
| /operating_model/cells/preferred_liquidation:shared/value | None | 506.4 |
| /operating_model/cells/q3_guide:shared/basis | None | Calculated midpoint of the company range; not an additional company forecast. |
| /operating_model/cells/q3_guide:shared/case | None | shared |
| /operating_model/cells/q3_guide:shared/formula/op | None | divide |
| /operating_model/cells/q3_guide:shared/formula/refs/0 | None | q3_guide_sum |
| /operating_model/cells/q3_guide:shared/formula/refs/1 | None | two |
| /operating_model/cells/q3_guide:shared/id | None | q3_guide |
| /operating_model/cells/q3_guide:shared/kind | None | derived |
| /operating_model/cells/q3_guide:shared/label | None | Q3 revenue excluding AWM midpoint |
| /operating_model/cells/q3_guide:shared/period | None | 2026Q3 |
| /operating_model/cells/q3_guide:shared/unit | None | USD_millions |
| /operating_model/cells/q3_guide:shared/value | None | 320.0 |
| /operating_model/cells/q3_guide_high:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/q3_guide_high:shared/case | None | shared |
| /operating_model/cells/q3_guide_high:shared/id | None | q3_guide_high |
| /operating_model/cells/q3_guide_high:shared/kind | None | management_guidance |
| /operating_model/cells/q3_guide_high:shared/label | None | Q3 revenue excluding AWM high |
| /operating_model/cells/q3_guide_high:shared/period | None | 2026Q3 |
| /operating_model/cells/q3_guide_high:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/q3_guide_high:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9922026q2earnings.htm |
| /operating_model/cells/q3_guide_high:shared/unit | None | USD_millions |
| /operating_model/cells/q3_guide_high:shared/value | None | 330.0 |
| /operating_model/cells/q3_guide_low:shared/basis | None | Company guidance; not a desk forecast. |
| /operating_model/cells/q3_guide_low:shared/case | None | shared |
| /operating_model/cells/q3_guide_low:shared/id | None | q3_guide_low |
| /operating_model/cells/q3_guide_low:shared/kind | None | management_guidance |
| /operating_model/cells/q3_guide_low:shared/label | None | Q3 revenue excluding AWM low |
| /operating_model/cells/q3_guide_low:shared/period | None | 2026Q3 |
| /operating_model/cells/q3_guide_low:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/q3_guide_low:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9922026q2earnings.htm |
| /operating_model/cells/q3_guide_low:shared/unit | None | USD_millions |
| /operating_model/cells/q3_guide_low:shared/value | None | 310.0 |
| /operating_model/cells/q3_guide_sum:shared/basis | None | Arithmetic intermediate. |
| /operating_model/cells/q3_guide_sum:shared/case | None | shared |
| /operating_model/cells/q3_guide_sum:shared/formula/op | None | sum |
| /operating_model/cells/q3_guide_sum:shared/formula/refs/0 | None | q3_guide_low |
| /operating_model/cells/q3_guide_sum:shared/formula/refs/1 | None | q3_guide_high |
| /operating_model/cells/q3_guide_sum:shared/id | None | q3_guide_sum |
| /operating_model/cells/q3_guide_sum:shared/kind | None | derived |
| /operating_model/cells/q3_guide_sum:shared/label | None | Q3 revenue excluding AWM endpoint sum |
| /operating_model/cells/q3_guide_sum:shared/period | None | 2026Q3 |
| /operating_model/cells/q3_guide_sum:shared/unit | None | USD_millions |
| /operating_model/cells/q3_guide_sum:shared/value | None | 640.0 |
| /operating_model/cells/rebate_current:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/rebate_current:shared/case | None | shared |
| /operating_model/cells/rebate_current:shared/id | None | rebate_current |
| /operating_model/cells/rebate_current:shared/kind | None | reported |
| /operating_model/cells/rebate_current:shared/label | None | rebate current |
| /operating_model/cells/rebate_current:shared/period | None | June-August 2026 |
| /operating_model/cells/rebate_current:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/rebate_current:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/rebate_current:shared/unit | None | USD_millions |
| /operating_model/cells/rebate_current:shared/value | None | 51.4 |
| /operating_model/cells/rebate_long:shared/basis | None | AWM trailing revenue was nearly $60M; deal/service maxima are not immediately payable. All amounts in millions. |
| /operating_model/cells/rebate_long:shared/case | None | shared |
| /operating_model/cells/rebate_long:shared/id | None | rebate_long |
| /operating_model/cells/rebate_long:shared/kind | None | reported |
| /operating_model/cells/rebate_long:shared/label | None | rebate long |
| /operating_model/cells/rebate_long:shared/period | None | June-August 2026 |
| /operating_model/cells/rebate_long:shared/source_date | None | 2026-08-05 |
| /operating_model/cells/rebate_long:shared/source_url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /operating_model/cells/rebate_long:shared/unit | None | USD_millions |
| /operating_model/cells/rebate_long:shared/value | None | 91.3 |
| /operating_model/cells/rebate_receivable:shared/basis | None | Already recognized cost benefits; collection timing differs. |
| /operating_model/cells/rebate_receivable:shared/case | None | shared |
| /operating_model/cells/rebate_receivable:shared/formula/op | None | sum |
| /operating_model/cells/rebate_receivable:shared/formula/refs/0 | None | rebate_current |
| /operating_model/cells/rebate_receivable:shared/formula/refs/1 | None | rebate_long |
| /operating_model/cells/rebate_receivable:shared/id | None | rebate_receivable |
| /operating_model/cells/rebate_receivable:shared/kind | None | derived |
| /operating_model/cells/rebate_receivable:shared/label | None | Total vendor-rebate receivable |
| /operating_model/cells/rebate_receivable:shared/period | None | June 2026 |
| /operating_model/cells/rebate_receivable:shared/unit | None | USD_millions |
| /operating_model/cells/rebate_receivable:shared/value | None | 142.7 |
| /operating_model/cells/two:shared/basis | None | Arithmetic constant. |
| /operating_model/cells/two:shared/case | None | shared |
| /operating_model/cells/two:shared/id | None | two |
| /operating_model/cells/two:shared/kind | None | assumption |
| /operating_model/cells/two:shared/label | None | Midpoint divisor |
| /operating_model/cells/two:shared/period | None | Model |
| /operating_model/cells/two:shared/unit | None | ratio |
| /operating_model/cells/two:shared/value | None | 2.0 |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/id | None | upside_2026q3_acquisition_cash |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_acquisition_cash:upside/value | None | 165.0 |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/formula/refs/0 | None | upside_2026q3_core_ebitda |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/formula/refs/1 | None | upside_2026q3_awm_ebitda |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/id | None | upside_2026q3_adjusted_ebitda |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_adjusted_ebitda:upside/value | None | 56.8 |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/id | None | upside_2026q3_apa_service_cash |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_apa_service_cash:upside/value | None | 20.0 |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/id | None | upside_2026q3_apa_service_expense |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_apa_service_expense:upside/value | None | 5.0 |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/id | None | upside_2026q3_awm_eb_margin |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/formula/refs/0 | None | upside_2026q3_awm_revenue |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/formula/refs/1 | None | upside_2026q3_awm_eb_margin |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/id | None | upside_2026q3_awm_ebitda |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_awm_ebitda:upside/value | None | 2.4000000000000004 |
| /operating_model/cells/upside_2026q3_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_gm:upside/id | None | upside_2026q3_awm_gm |
| /operating_model/cells/upside_2026q3_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2026q3_awm_gm:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2026q3_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2026q3_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q3_awm_gp:upside/formula/refs/0 | None | upside_2026q3_awm_revenue |
| /operating_model/cells/upside_2026q3_awm_gp:upside/formula/refs/1 | None | upside_2026q3_awm_gm |
| /operating_model/cells/upside_2026q3_awm_gp:upside/id | None | upside_2026q3_awm_gp |
| /operating_model/cells/upside_2026q3_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2026q3_awm_gp:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_awm_gp:upside/value | None | 3.12 |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/id | None | upside_2026q3_awm_revenue |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_awm_revenue:upside/value | None | 6.0 |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/id | None | upside_2026q3_awm_service_cash |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_awm_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/id | None | upside_2026q3_awm_service_expense |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_awm_service_expense:upside/value | None | 0.4166666666666667 |
| /operating_model/cells/upside_2026q3_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2026q3_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_below_fcf:upside/formula/refs/0 | None | upside_2026q3_preferred_cash |
| /operating_model/cells/upside_2026q3_below_fcf:upside/formula/refs/1 | None | upside_2026q3_acquisition_cash |
| /operating_model/cells/upside_2026q3_below_fcf:upside/formula/refs/2 | None | upside_2026q3_contingent_cash |
| /operating_model/cells/upside_2026q3_below_fcf:upside/id | None | upside_2026q3_below_fcf |
| /operating_model/cells/upside_2026q3_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2026q3_below_fcf:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_below_fcf:upside/value | None | 172.96875 |
| /operating_model/cells/upside_2026q3_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_capex:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_capex:upside/id | None | upside_2026q3_capex |
| /operating_model/cells/upside_2026q3_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2026q3_capex:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_capex:upside/value | None | 8.0 |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/formula/refs/0 | None | upside_2026q3_fcf |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/formula/refs/1 | None | upside_2026q3_below_fcf |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/id | None | upside_2026q3_cash_after_claims |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cash_after_claims:upside/value | None | -167.828125 |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/refs/0 | None | upside_2026q3_operating_income |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/refs/1 | None | upside_2026q3_sbc |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/refs/2 | None | upside_2026q3_da |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/refs/3 | None | upside_2026q3_retention_expense |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/formula/refs/4 | None | upside_2026q3_investment_income |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/id | None | upside_2026q3_cash_before_uses |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cash_before_uses:upside/value | None | 55.49999999999999 |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/formula/refs/0 | None | upside_2026q3_cash_before_uses |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/formula/refs/1 | None | upside_2026q3_cash_uses |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/id | None | upside_2026q3_cash_before_wc |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cash_before_wc:upside/value | None | 23.140624999999993 |
| /operating_model/cells/upside_2026q3_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cash_tax:upside/id | None | upside_2026q3_cash_tax |
| /operating_model/cells/upside_2026q3_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2026q3_cash_tax:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cash_tax:upside/value | None | 7.0 |
| /operating_model/cells/upside_2026q3_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2026q3_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/0 | None | upside_2026q3_apa_service_cash |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/1 | None | upside_2026q3_awm_service_cash |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/2 | None | upside_2026q3_debt_coupon |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/3 | None | upside_2026q3_other_interest |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/4 | None | upside_2026q3_cash_tax |
| /operating_model/cells/upside_2026q3_cash_uses:upside/formula/refs/5 | None | upside_2026q3_no_extra_special |
| /operating_model/cells/upside_2026q3_cash_uses:upside/id | None | upside_2026q3_cash_uses |
| /operating_model/cells/upside_2026q3_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2026q3_cash_uses:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cash_uses:upside/value | None | 32.359375 |
| /operating_model/cells/upside_2026q3_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2026q3_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_cfo:upside/formula/refs/0 | None | upside_2026q3_cash_before_wc |
| /operating_model/cells/upside_2026q3_cfo:upside/formula/refs/1 | None | upside_2026q3_wc_source |
| /operating_model/cells/upside_2026q3_cfo:upside/id | None | upside_2026q3_cfo |
| /operating_model/cells/upside_2026q3_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2026q3_cfo:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cfo:upside/value | None | 13.140624999999993 |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/id | None | upside_2026q3_cogs_amort |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_cogs_amort:upside/value | None | 6.0 |
| /operating_model/cells/upside_2026q3_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2026q3_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_combined_gp:upside/formula/refs/0 | None | upside_2026q3_core_adjusted_gp |
| /operating_model/cells/upside_2026q3_combined_gp:upside/formula/refs/1 | None | upside_2026q3_awm_gp |
| /operating_model/cells/upside_2026q3_combined_gp:upside/id | None | upside_2026q3_combined_gp |
| /operating_model/cells/upside_2026q3_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2026q3_combined_gp:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_combined_gp:upside/value | None | 100.02 |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/id | None | upside_2026q3_contingent_cash |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_contingent_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/formula/refs/0 | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/formula/refs/1 | None | upside_2026q3_core_gp_margin |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/id | None | upside_2026q3_core_adjusted_gp |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_core_adjusted_gp:upside/value | None | 96.89999999999999 |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/id | None | upside_2026q3_core_eb_margin |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_core_eb_margin:upside/value | None | 0.16 |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/formula/refs/0 | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/formula/refs/1 | None | upside_2026q3_core_eb_margin |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/id | None | upside_2026q3_core_ebitda |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_core_ebitda:upside/value | None | 54.4 |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/id | None | upside_2026q3_core_gp_margin |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/label | None | Adjusted gross margin |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_core_gp_margin:upside/value | None | 0.285 |
| /operating_model/cells/upside_2026q3_core_revenue:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_core_revenue:upside/id | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_2026q3_core_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2026q3_core_revenue:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_core_revenue:upside/value | None | 340.0 |
| /operating_model/cells/upside_2026q3_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2026q3_da:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_da:upside/formula/refs/0 | None | upside_2026q3_cogs_amort |
| /operating_model/cells/upside_2026q3_da:upside/formula/refs/1 | None | upside_2026q3_other_da |
| /operating_model/cells/upside_2026q3_da:upside/id | None | upside_2026q3_da |
| /operating_model/cells/upside_2026q3_da:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2026q3_da:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_da:upside/value | None | 17.5 |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/id | None | upside_2026q3_debt_coupon |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_debt_coupon:upside/value | None | 4.9593750000000005 |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2026q3_retention_expense |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2026q3_special_cash |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2026q3_sbc |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2026q3_da |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/id | None | upside_2026q3_ebitda_to_gaap |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_ebitda_to_gaap:upside/value | None | 30.416666666666668 |
| /operating_model/cells/upside_2026q3_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2026q3_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q3_fcf:upside/formula/refs/0 | None | upside_2026q3_cfo |
| /operating_model/cells/upside_2026q3_fcf:upside/formula/refs/1 | None | upside_2026q3_capex |
| /operating_model/cells/upside_2026q3_fcf:upside/id | None | upside_2026q3_fcf |
| /operating_model/cells/upside_2026q3_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2026q3_fcf:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_fcf:upside/value | None | 5.140624999999993 |
| /operating_model/cells/upside_2026q3_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2026q3_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q3_gross_profit:upside/formula/refs/0 | None | upside_2026q3_combined_gp |
| /operating_model/cells/upside_2026q3_gross_profit:upside/formula/refs/1 | None | upside_2026q3_cogs_amort |
| /operating_model/cells/upside_2026q3_gross_profit:upside/id | None | upside_2026q3_gross_profit |
| /operating_model/cells/upside_2026q3_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2026q3_gross_profit:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_gross_profit:upside/value | None | 94.02 |
| /operating_model/cells/upside_2026q3_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_investment_income:upside/id | None | upside_2026q3_investment_income |
| /operating_model/cells/upside_2026q3_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2026q3_investment_income:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/id | None | upside_2026q3_no_extra_special |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q3_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2026q3_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q3_operating_income:upside/formula/refs/0 | None | upside_2026q3_adjusted_ebitda |
| /operating_model/cells/upside_2026q3_operating_income:upside/formula/refs/1 | None | upside_2026q3_ebitda_to_gaap |
| /operating_model/cells/upside_2026q3_operating_income:upside/id | None | upside_2026q3_operating_income |
| /operating_model/cells/upside_2026q3_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2026q3_operating_income:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_operating_income:upside/value | None | 26.38333333333333 |
| /operating_model/cells/upside_2026q3_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_other_da:upside/id | None | upside_2026q3_other_da |
| /operating_model/cells/upside_2026q3_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2026q3_other_da:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_other_da:upside/value | None | 11.5 |
| /operating_model/cells/upside_2026q3_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_other_interest:upside/id | None | upside_2026q3_other_interest |
| /operating_model/cells/upside_2026q3_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2026q3_other_interest:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2026q3_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2026q3_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_preferred_base:upside/id | None | upside_2026q3_preferred_base |
| /operating_model/cells/upside_2026q3_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2026q3_preferred_base:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/formula/refs/0 | None | upside_2026q3_preferred_base |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/formula/refs/1 | None | upside_2026q3_preferred_rate |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/formula/refs/2 | None | upside_2026q3_quarter |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/id | None | upside_2026q3_preferred_cash |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_preferred_cash:upside/value | None | 7.96875 |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/id | None | upside_2026q3_preferred_rate |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_preferred_rate:upside/value | None | 0.0625 |
| /operating_model/cells/upside_2026q3_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_quarter:upside/id | None | upside_2026q3_quarter |
| /operating_model/cells/upside_2026q3_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2026q3_quarter:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q3_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2026q3_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2026q3_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_retention_expense:upside/formula/refs/0 | None | upside_2026q3_apa_service_expense |
| /operating_model/cells/upside_2026q3_retention_expense:upside/formula/refs/1 | None | upside_2026q3_awm_service_expense |
| /operating_model/cells/upside_2026q3_retention_expense:upside/id | None | upside_2026q3_retention_expense |
| /operating_model/cells/upside_2026q3_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2026q3_retention_expense:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_retention_expense:upside/value | None | 5.416666666666667 |
| /operating_model/cells/upside_2026q3_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2026q3_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q3_revenue:upside/formula/refs/0 | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_2026q3_revenue:upside/formula/refs/1 | None | upside_2026q3_awm_revenue |
| /operating_model/cells/upside_2026q3_revenue:upside/id | None | upside_2026q3_revenue |
| /operating_model/cells/upside_2026q3_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2026q3_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2026q3_revenue:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_revenue:upside/value | None | 346.0 |
| /operating_model/cells/upside_2026q3_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_sbc:upside/id | None | upside_2026q3_sbc |
| /operating_model/cells/upside_2026q3_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2026q3_sbc:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_sbc:upside/value | None | 5.0 |
| /operating_model/cells/upside_2026q3_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q3_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_special_cash:upside/id | None | upside_2026q3_special_cash |
| /operating_model/cells/upside_2026q3_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2026q3_special_cash:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_special_cash:upside/value | None | 2.5 |
| /operating_model/cells/upside_2026q3_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2026q3_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2026q3_wc_source:upside/id | None | upside_2026q3_wc_source |
| /operating_model/cells/upside_2026q3_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q3_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2026q3_wc_source:upside/period | None | 2026Q3 |
| /operating_model/cells/upside_2026q3_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q3_wc_source:upside/value | None | -10.0 |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/id | None | upside_2026q4_acquisition_cash |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/formula/refs/0 | None | upside_2026q4_core_ebitda |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/formula/refs/1 | None | upside_2026q4_awm_ebitda |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/id | None | upside_2026q4_adjusted_ebitda |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_adjusted_ebitda:upside/value | None | 111.91300000000001 |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/id | None | upside_2026q4_apa_service_cash |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_apa_service_cash:upside/value | None | 13.808219178082192 |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/id | None | upside_2026q4_apa_service_expense |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_apa_service_expense:upside/value | None | 5.0 |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/id | None | upside_2026q4_awm_eb_margin |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q4_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/formula/refs/0 | None | upside_2026q4_awm_revenue |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/formula/refs/1 | None | upside_2026q4_awm_eb_margin |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/id | None | upside_2026q4_awm_ebitda |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_awm_ebitda:upside/value | None | 8.4 |
| /operating_model/cells/upside_2026q4_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_gm:upside/id | None | upside_2026q4_awm_gm |
| /operating_model/cells/upside_2026q4_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2026q4_awm_gm:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q4_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2026q4_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2026q4_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q4_awm_gp:upside/formula/refs/0 | None | upside_2026q4_awm_revenue |
| /operating_model/cells/upside_2026q4_awm_gp:upside/formula/refs/1 | None | upside_2026q4_awm_gm |
| /operating_model/cells/upside_2026q4_awm_gp:upside/id | None | upside_2026q4_awm_gp |
| /operating_model/cells/upside_2026q4_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2026q4_awm_gp:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_awm_gp:upside/value | None | 10.92 |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/id | None | upside_2026q4_awm_revenue |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_awm_revenue:upside/value | None | 21.0 |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/id | None | upside_2026q4_awm_service_cash |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_awm_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/id | None | upside_2026q4_awm_service_expense |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_awm_service_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2026q4_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2026q4_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_below_fcf:upside/formula/refs/0 | None | upside_2026q4_preferred_cash |
| /operating_model/cells/upside_2026q4_below_fcf:upside/formula/refs/1 | None | upside_2026q4_acquisition_cash |
| /operating_model/cells/upside_2026q4_below_fcf:upside/formula/refs/2 | None | upside_2026q4_contingent_cash |
| /operating_model/cells/upside_2026q4_below_fcf:upside/id | None | upside_2026q4_below_fcf |
| /operating_model/cells/upside_2026q4_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2026q4_below_fcf:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_below_fcf:upside/value | None | 19.96875 |
| /operating_model/cells/upside_2026q4_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_capex:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_capex:upside/id | None | upside_2026q4_capex |
| /operating_model/cells/upside_2026q4_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2026q4_capex:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_capex:upside/value | None | 8.0 |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/formula/refs/0 | None | upside_2026q4_fcf |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/formula/refs/1 | None | upside_2026q4_below_fcf |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/id | None | upside_2026q4_cash_after_claims |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cash_after_claims:upside/value | None | 0.811030821917825 |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/refs/0 | None | upside_2026q4_operating_income |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/refs/1 | None | upside_2026q4_sbc |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/refs/2 | None | upside_2026q4_da |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/refs/3 | None | upside_2026q4_retention_expense |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/formula/refs/4 | None | upside_2026q4_investment_income |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/id | None | upside_2026q4_cash_before_uses |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cash_before_uses:upside/value | None | 110.61300000000001 |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/formula/refs/0 | None | upside_2026q4_cash_before_uses |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/formula/refs/1 | None | upside_2026q4_cash_uses |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/id | None | upside_2026q4_cash_before_wc |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cash_before_wc:upside/value | None | 78.77978082191783 |
| /operating_model/cells/upside_2026q4_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cash_tax:upside/id | None | upside_2026q4_cash_tax |
| /operating_model/cells/upside_2026q4_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2026q4_cash_tax:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cash_tax:upside/value | None | 16.0 |
| /operating_model/cells/upside_2026q4_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2026q4_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/0 | None | upside_2026q4_apa_service_cash |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/1 | None | upside_2026q4_awm_service_cash |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/2 | None | upside_2026q4_debt_coupon |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/3 | None | upside_2026q4_other_interest |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/4 | None | upside_2026q4_cash_tax |
| /operating_model/cells/upside_2026q4_cash_uses:upside/formula/refs/5 | None | upside_2026q4_no_extra_special |
| /operating_model/cells/upside_2026q4_cash_uses:upside/id | None | upside_2026q4_cash_uses |
| /operating_model/cells/upside_2026q4_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2026q4_cash_uses:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cash_uses:upside/value | None | 31.833219178082192 |
| /operating_model/cells/upside_2026q4_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2026q4_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_cfo:upside/formula/refs/0 | None | upside_2026q4_cash_before_wc |
| /operating_model/cells/upside_2026q4_cfo:upside/formula/refs/1 | None | upside_2026q4_wc_source |
| /operating_model/cells/upside_2026q4_cfo:upside/id | None | upside_2026q4_cfo |
| /operating_model/cells/upside_2026q4_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2026q4_cfo:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cfo:upside/value | None | 28.779780821917825 |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/id | None | upside_2026q4_cogs_amort |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_cogs_amort:upside/value | None | 6.7 |
| /operating_model/cells/upside_2026q4_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2026q4_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_combined_gp:upside/formula/refs/0 | None | upside_2026q4_core_adjusted_gp |
| /operating_model/cells/upside_2026q4_combined_gp:upside/formula/refs/1 | None | upside_2026q4_awm_gp |
| /operating_model/cells/upside_2026q4_combined_gp:upside/id | None | upside_2026q4_combined_gp |
| /operating_model/cells/upside_2026q4_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2026q4_combined_gp:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_combined_gp:upside/value | None | 181.85299999999992 |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/id | None | upside_2026q4_contingent_cash |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_contingent_cash:upside/value | None | 12.0 |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/basis | None | Annual margin requirement drives the Q4 residual. |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/formula/refs/0 | None | upside_gp_target |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/formula/refs/1 | None | upside_2026q4_gp_through_q3 |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/id | None | upside_2026q4_core_adjusted_gp |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_core_adjusted_gp:upside/value | None | 170.93299999999994 |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/basis | None | Q4 residual to annual EBITDA scenario. |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/formula/refs/0 | None | upside_eb_target |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/formula/refs/1 | None | upside_2026q4_eb_through_q3 |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/id | None | upside_2026q4_core_ebitda |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_core_ebitda:upside/value | None | 103.513 |
| /operating_model/cells/upside_2026q4_core_revenue:upside/basis | None | Q4 delivery requirement to meet annual scenario. |
| /operating_model/cells/upside_2026q4_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_core_revenue:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_core_revenue:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_2026q4_core_revenue:upside/formula/refs/1 | None | upside_2026q4_through_q3 |
| /operating_model/cells/upside_2026q4_core_revenue:upside/id | None | upside_2026q4_core_revenue |
| /operating_model/cells/upside_2026q4_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2026q4_core_revenue:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_core_revenue:upside/value | None | 644.523 |
| /operating_model/cells/upside_2026q4_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2026q4_da:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_da:upside/formula/refs/0 | None | upside_2026q4_cogs_amort |
| /operating_model/cells/upside_2026q4_da:upside/formula/refs/1 | None | upside_2026q4_other_da |
| /operating_model/cells/upside_2026q4_da:upside/id | None | upside_2026q4_da |
| /operating_model/cells/upside_2026q4_da:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2026q4_da:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_da:upside/value | None | 18.2 |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/id | None | upside_2026q4_debt_coupon |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_debt_coupon:upside/value | None | 1.625 |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/basis | None | Actual H1 plus modeled Q3. |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/formula/refs/1 | None | upside_2026q3_core_ebitda |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/id | None | upside_2026q4_eb_through_q3 |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/label | None | H1 plus Q3 pre-AWM EBITDA |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_eb_through_q3:upside/value | None | 146.487 |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2026q4_retention_expense |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2026q4_special_cash |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2026q4_sbc |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2026q4_da |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/id | None | upside_2026q4_ebitda_to_gaap |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_ebitda_to_gaap:upside/value | None | 32.25 |
| /operating_model/cells/upside_2026q4_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2026q4_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_fcf:upside/formula/refs/0 | None | upside_2026q4_cfo |
| /operating_model/cells/upside_2026q4_fcf:upside/formula/refs/1 | None | upside_2026q4_capex |
| /operating_model/cells/upside_2026q4_fcf:upside/id | None | upside_2026q4_fcf |
| /operating_model/cells/upside_2026q4_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2026q4_fcf:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_fcf:upside/value | None | 20.779780821917825 |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/basis | None | Actual H1 plus Q3. |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/formula/refs/0 | None | h1_adjusted_gp |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/formula/refs/1 | None | upside_2026q3_core_adjusted_gp |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/id | None | upside_2026q4_gp_through_q3 |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/label | None | H1 plus Q3 pre-AWM adjusted GP |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_gp_through_q3:upside/value | None | 270.817 |
| /operating_model/cells/upside_2026q4_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2026q4_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_gross_profit:upside/formula/refs/0 | None | upside_2026q4_combined_gp |
| /operating_model/cells/upside_2026q4_gross_profit:upside/formula/refs/1 | None | upside_2026q4_cogs_amort |
| /operating_model/cells/upside_2026q4_gross_profit:upside/id | None | upside_2026q4_gross_profit |
| /operating_model/cells/upside_2026q4_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2026q4_gross_profit:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_gross_profit:upside/value | None | 175.15299999999993 |
| /operating_model/cells/upside_2026q4_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_investment_income:upside/id | None | upside_2026q4_investment_income |
| /operating_model/cells/upside_2026q4_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2026q4_investment_income:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/id | None | upside_2026q4_no_extra_special |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2026q4_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2026q4_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2026q4_operating_income:upside/formula/refs/0 | None | upside_2026q4_adjusted_ebitda |
| /operating_model/cells/upside_2026q4_operating_income:upside/formula/refs/1 | None | upside_2026q4_ebitda_to_gaap |
| /operating_model/cells/upside_2026q4_operating_income:upside/id | None | upside_2026q4_operating_income |
| /operating_model/cells/upside_2026q4_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2026q4_operating_income:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_operating_income:upside/value | None | 79.66300000000001 |
| /operating_model/cells/upside_2026q4_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_other_da:upside/id | None | upside_2026q4_other_da |
| /operating_model/cells/upside_2026q4_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2026q4_other_da:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_other_da:upside/value | None | 11.5 |
| /operating_model/cells/upside_2026q4_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_other_interest:upside/id | None | upside_2026q4_other_interest |
| /operating_model/cells/upside_2026q4_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2026q4_other_interest:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2026q4_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2026q4_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_preferred_base:upside/id | None | upside_2026q4_preferred_base |
| /operating_model/cells/upside_2026q4_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2026q4_preferred_base:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/formula/refs/0 | None | upside_2026q4_preferred_base |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/formula/refs/1 | None | upside_2026q4_preferred_rate |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/formula/refs/2 | None | upside_2026q4_quarter |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/id | None | upside_2026q4_preferred_cash |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_preferred_cash:upside/value | None | 7.96875 |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/id | None | upside_2026q4_preferred_rate |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q4_preferred_rate:upside/value | None | 0.0625 |
| /operating_model/cells/upside_2026q4_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_quarter:upside/id | None | upside_2026q4_quarter |
| /operating_model/cells/upside_2026q4_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2026q4_quarter:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2026q4_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2026q4_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2026q4_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_retention_expense:upside/formula/refs/0 | None | upside_2026q4_apa_service_expense |
| /operating_model/cells/upside_2026q4_retention_expense:upside/formula/refs/1 | None | upside_2026q4_awm_service_expense |
| /operating_model/cells/upside_2026q4_retention_expense:upside/id | None | upside_2026q4_retention_expense |
| /operating_model/cells/upside_2026q4_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2026q4_retention_expense:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_retention_expense:upside/value | None | 6.25 |
| /operating_model/cells/upside_2026q4_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2026q4_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_revenue:upside/formula/refs/0 | None | upside_2026q4_core_revenue |
| /operating_model/cells/upside_2026q4_revenue:upside/formula/refs/1 | None | upside_2026q4_awm_revenue |
| /operating_model/cells/upside_2026q4_revenue:upside/id | None | upside_2026q4_revenue |
| /operating_model/cells/upside_2026q4_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2026q4_revenue:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_revenue:upside/value | None | 665.523 |
| /operating_model/cells/upside_2026q4_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_sbc:upside/id | None | upside_2026q4_sbc |
| /operating_model/cells/upside_2026q4_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2026q4_sbc:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_sbc:upside/value | None | 5.3 |
| /operating_model/cells/upside_2026q4_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2026q4_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_special_cash:upside/id | None | upside_2026q4_special_cash |
| /operating_model/cells/upside_2026q4_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2026q4_special_cash:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_special_cash:upside/value | None | 2.5 |
| /operating_model/cells/upside_2026q4_through_q3:upside/basis | None | Preserves actual H1. |
| /operating_model/cells/upside_2026q4_through_q3:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_through_q3:upside/formula/op | None | sum |
| /operating_model/cells/upside_2026q4_through_q3:upside/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/upside_2026q4_through_q3:upside/formula/refs/1 | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_2026q4_through_q3:upside/id | None | upside_2026q4_through_q3 |
| /operating_model/cells/upside_2026q4_through_q3:upside/kind | None | derived |
| /operating_model/cells/upside_2026q4_through_q3:upside/label | None | H1 plus Q3 pre-AWM revenue |
| /operating_model/cells/upside_2026q4_through_q3:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_through_q3:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_through_q3:upside/value | None | 905.477 |
| /operating_model/cells/upside_2026q4_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2026q4_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2026q4_wc_source:upside/id | None | upside_2026q4_wc_source |
| /operating_model/cells/upside_2026q4_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2026q4_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2026q4_wc_source:upside/period | None | 2026Q4 |
| /operating_model/cells/upside_2026q4_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2026q4_wc_source:upside/value | None | -50.0 |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/id | None | upside_2027q1_acquisition_cash |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/formula/refs/0 | None | upside_2027q1_core_ebitda |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/formula/refs/1 | None | upside_2027q1_awm_ebitda |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/id | None | upside_2027q1_adjusted_ebitda |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_adjusted_ebitda:upside/value | None | 78.708 |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/id | None | upside_2027q1_apa_service_cash |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_apa_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/id | None | upside_2027q1_apa_service_expense |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_apa_service_expense:upside/value | None | 5.0 |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/id | None | upside_2027q1_awm_eb_margin |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/formula/refs/0 | None | upside_2027q1_awm_revenue |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/formula/refs/1 | None | upside_2027q1_awm_eb_margin |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/id | None | upside_2027q1_awm_ebitda |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_awm_ebitda:upside/value | None | 8.4 |
| /operating_model/cells/upside_2027q1_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_gm:upside/id | None | upside_2027q1_awm_gm |
| /operating_model/cells/upside_2027q1_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2027q1_awm_gm:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2027q1_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2027q1_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_awm_gp:upside/formula/refs/0 | None | upside_2027q1_awm_revenue |
| /operating_model/cells/upside_2027q1_awm_gp:upside/formula/refs/1 | None | upside_2027q1_awm_gm |
| /operating_model/cells/upside_2027q1_awm_gp:upside/id | None | upside_2027q1_awm_gp |
| /operating_model/cells/upside_2027q1_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2027q1_awm_gp:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_awm_gp:upside/value | None | 10.92 |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/id | None | upside_2027q1_awm_revenue |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_awm_revenue:upside/value | None | 21.0 |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/id | None | upside_2027q1_awm_service_cash |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_awm_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/id | None | upside_2027q1_awm_service_expense |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_awm_service_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2027q1_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2027q1_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_below_fcf:upside/formula/refs/0 | None | upside_2027q1_preferred_cash |
| /operating_model/cells/upside_2027q1_below_fcf:upside/formula/refs/1 | None | upside_2027q1_acquisition_cash |
| /operating_model/cells/upside_2027q1_below_fcf:upside/formula/refs/2 | None | upside_2027q1_contingent_cash |
| /operating_model/cells/upside_2027q1_below_fcf:upside/id | None | upside_2027q1_below_fcf |
| /operating_model/cells/upside_2027q1_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2027q1_below_fcf:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_below_fcf:upside/value | None | 15.96875 |
| /operating_model/cells/upside_2027q1_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_capex:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_capex:upside/id | None | upside_2027q1_capex |
| /operating_model/cells/upside_2027q1_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2027q1_capex:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_capex:upside/value | None | 9.0 |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/formula/refs/0 | None | upside_2027q1_fcf |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/formula/refs/1 | None | upside_2027q1_below_fcf |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/id | None | upside_2027q1_cash_after_claims |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cash_after_claims:upside/value | None | 93.579875 |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/refs/0 | None | upside_2027q1_operating_income |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/refs/1 | None | upside_2027q1_sbc |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/refs/2 | None | upside_2027q1_da |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/refs/3 | None | upside_2027q1_retention_expense |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/formula/refs/4 | None | upside_2027q1_investment_income |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/id | None | upside_2027q1_cash_before_uses |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cash_before_uses:upside/value | None | 78.908 |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/formula/refs/0 | None | upside_2027q1_cash_before_uses |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/formula/refs/1 | None | upside_2027q1_cash_uses |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/id | None | upside_2027q1_cash_before_wc |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cash_before_wc:upside/value | None | 63.548625 |
| /operating_model/cells/upside_2027q1_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cash_tax:upside/id | None | upside_2027q1_cash_tax |
| /operating_model/cells/upside_2027q1_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2027q1_cash_tax:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cash_tax:upside/value | None | 10.0 |
| /operating_model/cells/upside_2027q1_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2027q1_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/0 | None | upside_2027q1_apa_service_cash |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/1 | None | upside_2027q1_awm_service_cash |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/2 | None | upside_2027q1_debt_coupon |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/3 | None | upside_2027q1_other_interest |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/4 | None | upside_2027q1_cash_tax |
| /operating_model/cells/upside_2027q1_cash_uses:upside/formula/refs/5 | None | upside_2027q1_no_extra_special |
| /operating_model/cells/upside_2027q1_cash_uses:upside/id | None | upside_2027q1_cash_uses |
| /operating_model/cells/upside_2027q1_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2027q1_cash_uses:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cash_uses:upside/value | None | 15.359375 |
| /operating_model/cells/upside_2027q1_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2027q1_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_cfo:upside/formula/refs/0 | None | upside_2027q1_cash_before_wc |
| /operating_model/cells/upside_2027q1_cfo:upside/formula/refs/1 | None | upside_2027q1_wc_source |
| /operating_model/cells/upside_2027q1_cfo:upside/id | None | upside_2027q1_cfo |
| /operating_model/cells/upside_2027q1_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2027q1_cfo:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cfo:upside/value | None | 118.548625 |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/id | None | upside_2027q1_cogs_amort |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_cogs_amort:upside/value | None | 6.7 |
| /operating_model/cells/upside_2027q1_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2027q1_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_combined_gp:upside/formula/refs/0 | None | upside_2027q1_core_adjusted_gp |
| /operating_model/cells/upside_2027q1_combined_gp:upside/formula/refs/1 | None | upside_2027q1_awm_gp |
| /operating_model/cells/upside_2027q1_combined_gp:upside/id | None | upside_2027q1_combined_gp |
| /operating_model/cells/upside_2027q1_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2027q1_combined_gp:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_combined_gp:upside/value | None | 122.24099999999999 |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/id | None | upside_2027q1_contingent_cash |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_contingent_cash:upside/value | None | 8.0 |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/formula/refs/0 | None | upside_2027q1_core_revenue |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/formula/refs/1 | None | upside_2027q1_core_gp_margin |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/id | None | upside_2027q1_core_adjusted_gp |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_core_adjusted_gp:upside/value | None | 111.32099999999998 |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/id | None | upside_2027q1_core_eb_margin |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_core_eb_margin:upside/value | None | 0.18 |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/formula/refs/0 | None | upside_2027q1_core_revenue |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/formula/refs/1 | None | upside_2027q1_core_eb_margin |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/id | None | upside_2027q1_core_ebitda |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_core_ebitda:upside/value | None | 70.30799999999999 |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/id | None | upside_2027q1_core_gp_margin |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/label | None | Adjusted gross margin |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_core_gp_margin:upside/value | None | 0.285 |
| /operating_model/cells/upside_2027q1_core_growth:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_core_growth:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_growth:upside/id | None | upside_2027q1_core_growth |
| /operating_model/cells/upside_2027q1_core_growth:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_core_growth:upside/label | None | Pre-AWM business expansion |
| /operating_model/cells/upside_2027q1_core_growth:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_growth:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_core_growth:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q1_core_revenue:upside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/upside_2027q1_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_revenue:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_core_revenue:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_2027q1_core_revenue:upside/formula/refs/1 | None | upside_2027q1_core_growth |
| /operating_model/cells/upside_2027q1_core_revenue:upside/formula/refs/2 | None | upside_2027q1_core_season |
| /operating_model/cells/upside_2027q1_core_revenue:upside/id | None | upside_2027q1_core_revenue |
| /operating_model/cells/upside_2027q1_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2027q1_core_revenue:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_core_revenue:upside/value | None | 390.59999999999997 |
| /operating_model/cells/upside_2027q1_core_season:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_core_season:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_core_season:upside/id | None | upside_2027q1_core_season |
| /operating_model/cells/upside_2027q1_core_season:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_core_season:upside/label | None | Annual quarter share |
| /operating_model/cells/upside_2027q1_core_season:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_core_season:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_core_season:upside/value | None | 0.21 |
| /operating_model/cells/upside_2027q1_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2027q1_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_da:upside/formula/refs/0 | None | upside_2027q1_cogs_amort |
| /operating_model/cells/upside_2027q1_da:upside/formula/refs/1 | None | upside_2027q1_other_da |
| /operating_model/cells/upside_2027q1_da:upside/id | None | upside_2027q1_da |
| /operating_model/cells/upside_2027q1_da:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2027q1_da:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_da:upside/value | None | 18.7 |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/id | None | upside_2027q1_debt_coupon |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_debt_coupon:upside/value | None | 4.9593750000000005 |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2027q1_retention_expense |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2027q1_special_cash |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2027q1_sbc |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2027q1_da |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/id | None | upside_2027q1_ebitda_to_gaap |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_ebitda_to_gaap:upside/value | None | 31.549999999999997 |
| /operating_model/cells/upside_2027q1_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2027q1_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q1_fcf:upside/formula/refs/0 | None | upside_2027q1_cfo |
| /operating_model/cells/upside_2027q1_fcf:upside/formula/refs/1 | None | upside_2027q1_capex |
| /operating_model/cells/upside_2027q1_fcf:upside/id | None | upside_2027q1_fcf |
| /operating_model/cells/upside_2027q1_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2027q1_fcf:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_fcf:upside/value | None | 109.548625 |
| /operating_model/cells/upside_2027q1_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2027q1_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q1_gross_profit:upside/formula/refs/0 | None | upside_2027q1_combined_gp |
| /operating_model/cells/upside_2027q1_gross_profit:upside/formula/refs/1 | None | upside_2027q1_cogs_amort |
| /operating_model/cells/upside_2027q1_gross_profit:upside/id | None | upside_2027q1_gross_profit |
| /operating_model/cells/upside_2027q1_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2027q1_gross_profit:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_gross_profit:upside/value | None | 115.54099999999998 |
| /operating_model/cells/upside_2027q1_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_investment_income:upside/id | None | upside_2027q1_investment_income |
| /operating_model/cells/upside_2027q1_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2027q1_investment_income:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/id | None | upside_2027q1_no_extra_special |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q1_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2027q1_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q1_operating_income:upside/formula/refs/0 | None | upside_2027q1_adjusted_ebitda |
| /operating_model/cells/upside_2027q1_operating_income:upside/formula/refs/1 | None | upside_2027q1_ebitda_to_gaap |
| /operating_model/cells/upside_2027q1_operating_income:upside/id | None | upside_2027q1_operating_income |
| /operating_model/cells/upside_2027q1_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2027q1_operating_income:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_operating_income:upside/value | None | 47.158 |
| /operating_model/cells/upside_2027q1_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_other_da:upside/id | None | upside_2027q1_other_da |
| /operating_model/cells/upside_2027q1_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2027q1_other_da:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_other_da:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q1_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_other_interest:upside/id | None | upside_2027q1_other_interest |
| /operating_model/cells/upside_2027q1_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2027q1_other_interest:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q1_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2027q1_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_preferred_base:upside/id | None | upside_2027q1_preferred_base |
| /operating_model/cells/upside_2027q1_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2027q1_preferred_base:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/formula/refs/0 | None | upside_2027q1_preferred_base |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/formula/refs/1 | None | upside_2027q1_preferred_rate |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/formula/refs/2 | None | upside_2027q1_quarter |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/id | None | upside_2027q1_preferred_cash |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_preferred_cash:upside/value | None | 7.96875 |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/id | None | upside_2027q1_preferred_rate |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_preferred_rate:upside/value | None | 0.0625 |
| /operating_model/cells/upside_2027q1_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_quarter:upside/id | None | upside_2027q1_quarter |
| /operating_model/cells/upside_2027q1_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2027q1_quarter:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q1_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2027q1_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2027q1_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_retention_expense:upside/formula/refs/0 | None | upside_2027q1_apa_service_expense |
| /operating_model/cells/upside_2027q1_retention_expense:upside/formula/refs/1 | None | upside_2027q1_awm_service_expense |
| /operating_model/cells/upside_2027q1_retention_expense:upside/id | None | upside_2027q1_retention_expense |
| /operating_model/cells/upside_2027q1_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2027q1_retention_expense:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_retention_expense:upside/value | None | 6.25 |
| /operating_model/cells/upside_2027q1_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2027q1_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q1_revenue:upside/formula/refs/0 | None | upside_2027q1_core_revenue |
| /operating_model/cells/upside_2027q1_revenue:upside/formula/refs/1 | None | upside_2027q1_awm_revenue |
| /operating_model/cells/upside_2027q1_revenue:upside/id | None | upside_2027q1_revenue |
| /operating_model/cells/upside_2027q1_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q1_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2027q1_revenue:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_revenue:upside/value | None | 411.59999999999997 |
| /operating_model/cells/upside_2027q1_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_sbc:upside/id | None | upside_2027q1_sbc |
| /operating_model/cells/upside_2027q1_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2027q1_sbc:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_sbc:upside/value | None | 5.6 |
| /operating_model/cells/upside_2027q1_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q1_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_special_cash:upside/id | None | upside_2027q1_special_cash |
| /operating_model/cells/upside_2027q1_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2027q1_special_cash:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_special_cash:upside/value | None | 1.0 |
| /operating_model/cells/upside_2027q1_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2027q1_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2027q1_wc_source:upside/id | None | upside_2027q1_wc_source |
| /operating_model/cells/upside_2027q1_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q1_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2027q1_wc_source:upside/period | None | 2027Q1 |
| /operating_model/cells/upside_2027q1_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q1_wc_source:upside/value | None | 55.0 |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/id | None | upside_2027q2_acquisition_cash |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/formula/refs/0 | None | upside_2027q2_core_ebitda |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/formula/refs/1 | None | upside_2027q2_awm_ebitda |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/id | None | upside_2027q2_adjusted_ebitda |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_adjusted_ebitda:upside/value | None | 92.9 |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/id | None | upside_2027q2_apa_service_cash |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_apa_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/id | None | upside_2027q2_apa_service_expense |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_apa_service_expense:upside/value | None | 5.0 |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/id | None | upside_2027q2_awm_eb_margin |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/formula/refs/0 | None | upside_2027q2_awm_revenue |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/formula/refs/1 | None | upside_2027q2_awm_eb_margin |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/id | None | upside_2027q2_awm_ebitda |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_awm_ebitda:upside/value | None | 9.200000000000001 |
| /operating_model/cells/upside_2027q2_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_gm:upside/id | None | upside_2027q2_awm_gm |
| /operating_model/cells/upside_2027q2_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2027q2_awm_gm:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2027q2_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2027q2_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_awm_gp:upside/formula/refs/0 | None | upside_2027q2_awm_revenue |
| /operating_model/cells/upside_2027q2_awm_gp:upside/formula/refs/1 | None | upside_2027q2_awm_gm |
| /operating_model/cells/upside_2027q2_awm_gp:upside/id | None | upside_2027q2_awm_gp |
| /operating_model/cells/upside_2027q2_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2027q2_awm_gp:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_awm_gp:upside/value | None | 11.96 |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/id | None | upside_2027q2_awm_revenue |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_awm_revenue:upside/value | None | 23.0 |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/id | None | upside_2027q2_awm_service_cash |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_awm_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/id | None | upside_2027q2_awm_service_expense |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_awm_service_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2027q2_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2027q2_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_below_fcf:upside/formula/refs/0 | None | upside_2027q2_preferred_cash |
| /operating_model/cells/upside_2027q2_below_fcf:upside/formula/refs/1 | None | upside_2027q2_acquisition_cash |
| /operating_model/cells/upside_2027q2_below_fcf:upside/formula/refs/2 | None | upside_2027q2_contingent_cash |
| /operating_model/cells/upside_2027q2_below_fcf:upside/id | None | upside_2027q2_below_fcf |
| /operating_model/cells/upside_2027q2_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2027q2_below_fcf:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_below_fcf:upside/value | None | 7.96875 |
| /operating_model/cells/upside_2027q2_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_capex:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_capex:upside/id | None | upside_2027q2_capex |
| /operating_model/cells/upside_2027q2_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2027q2_capex:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_capex:upside/value | None | 9.0 |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/formula/refs/0 | None | upside_2027q2_fcf |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/formula/refs/1 | None | upside_2027q2_below_fcf |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/id | None | upside_2027q2_cash_after_claims |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cash_after_claims:upside/value | None | 67.10625 |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/refs/0 | None | upside_2027q2_operating_income |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/refs/1 | None | upside_2027q2_sbc |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/refs/2 | None | upside_2027q2_da |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/refs/3 | None | upside_2027q2_retention_expense |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/formula/refs/4 | None | upside_2027q2_investment_income |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/id | None | upside_2027q2_cash_before_uses |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cash_before_uses:upside/value | None | 93.10000000000001 |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/formula/refs/0 | None | upside_2027q2_cash_before_uses |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/formula/refs/1 | None | upside_2027q2_cash_uses |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/id | None | upside_2027q2_cash_before_wc |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cash_before_wc:upside/value | None | 79.075 |
| /operating_model/cells/upside_2027q2_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cash_tax:upside/id | None | upside_2027q2_cash_tax |
| /operating_model/cells/upside_2027q2_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2027q2_cash_tax:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cash_tax:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q2_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2027q2_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/0 | None | upside_2027q2_apa_service_cash |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/1 | None | upside_2027q2_awm_service_cash |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/2 | None | upside_2027q2_debt_coupon |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/3 | None | upside_2027q2_other_interest |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/4 | None | upside_2027q2_cash_tax |
| /operating_model/cells/upside_2027q2_cash_uses:upside/formula/refs/5 | None | upside_2027q2_no_extra_special |
| /operating_model/cells/upside_2027q2_cash_uses:upside/id | None | upside_2027q2_cash_uses |
| /operating_model/cells/upside_2027q2_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2027q2_cash_uses:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cash_uses:upside/value | None | 14.025 |
| /operating_model/cells/upside_2027q2_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2027q2_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_cfo:upside/formula/refs/0 | None | upside_2027q2_cash_before_wc |
| /operating_model/cells/upside_2027q2_cfo:upside/formula/refs/1 | None | upside_2027q2_wc_source |
| /operating_model/cells/upside_2027q2_cfo:upside/id | None | upside_2027q2_cfo |
| /operating_model/cells/upside_2027q2_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2027q2_cfo:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cfo:upside/value | None | 84.075 |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/id | None | upside_2027q2_cogs_amort |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_cogs_amort:upside/value | None | 6.7 |
| /operating_model/cells/upside_2027q2_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2027q2_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_combined_gp:upside/formula/refs/0 | None | upside_2027q2_core_adjusted_gp |
| /operating_model/cells/upside_2027q2_combined_gp:upside/formula/refs/1 | None | upside_2027q2_awm_gp |
| /operating_model/cells/upside_2027q2_combined_gp:upside/id | None | upside_2027q2_combined_gp |
| /operating_model/cells/upside_2027q2_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2027q2_combined_gp:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_combined_gp:upside/value | None | 144.48499999999999 |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/id | None | upside_2027q2_contingent_cash |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_contingent_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/formula/refs/0 | None | upside_2027q2_core_revenue |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/formula/refs/1 | None | upside_2027q2_core_gp_margin |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/id | None | upside_2027q2_core_adjusted_gp |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_core_adjusted_gp:upside/value | None | 132.52499999999998 |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/id | None | upside_2027q2_core_eb_margin |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_core_eb_margin:upside/value | None | 0.18 |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/formula/refs/0 | None | upside_2027q2_core_revenue |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/formula/refs/1 | None | upside_2027q2_core_eb_margin |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/id | None | upside_2027q2_core_ebitda |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_core_ebitda:upside/value | None | 83.7 |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/id | None | upside_2027q2_core_gp_margin |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/label | None | Adjusted gross margin |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_core_gp_margin:upside/value | None | 0.285 |
| /operating_model/cells/upside_2027q2_core_growth:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_core_growth:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_growth:upside/id | None | upside_2027q2_core_growth |
| /operating_model/cells/upside_2027q2_core_growth:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_core_growth:upside/label | None | Pre-AWM business expansion |
| /operating_model/cells/upside_2027q2_core_growth:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_growth:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_core_growth:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q2_core_revenue:upside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/upside_2027q2_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_revenue:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_core_revenue:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_2027q2_core_revenue:upside/formula/refs/1 | None | upside_2027q2_core_growth |
| /operating_model/cells/upside_2027q2_core_revenue:upside/formula/refs/2 | None | upside_2027q2_core_season |
| /operating_model/cells/upside_2027q2_core_revenue:upside/id | None | upside_2027q2_core_revenue |
| /operating_model/cells/upside_2027q2_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2027q2_core_revenue:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_core_revenue:upside/value | None | 465.0 |
| /operating_model/cells/upside_2027q2_core_season:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_core_season:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_core_season:upside/id | None | upside_2027q2_core_season |
| /operating_model/cells/upside_2027q2_core_season:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_core_season:upside/label | None | Annual quarter share |
| /operating_model/cells/upside_2027q2_core_season:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_core_season:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_core_season:upside/value | None | 0.25 |
| /operating_model/cells/upside_2027q2_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2027q2_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_da:upside/formula/refs/0 | None | upside_2027q2_cogs_amort |
| /operating_model/cells/upside_2027q2_da:upside/formula/refs/1 | None | upside_2027q2_other_da |
| /operating_model/cells/upside_2027q2_da:upside/id | None | upside_2027q2_da |
| /operating_model/cells/upside_2027q2_da:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2027q2_da:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_da:upside/value | None | 18.7 |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/id | None | upside_2027q2_debt_coupon |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_debt_coupon:upside/value | None | 1.625 |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2027q2_retention_expense |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2027q2_special_cash |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2027q2_sbc |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2027q2_da |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/id | None | upside_2027q2_ebitda_to_gaap |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_ebitda_to_gaap:upside/value | None | 31.85 |
| /operating_model/cells/upside_2027q2_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2027q2_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q2_fcf:upside/formula/refs/0 | None | upside_2027q2_cfo |
| /operating_model/cells/upside_2027q2_fcf:upside/formula/refs/1 | None | upside_2027q2_capex |
| /operating_model/cells/upside_2027q2_fcf:upside/id | None | upside_2027q2_fcf |
| /operating_model/cells/upside_2027q2_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2027q2_fcf:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_fcf:upside/value | None | 75.075 |
| /operating_model/cells/upside_2027q2_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2027q2_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q2_gross_profit:upside/formula/refs/0 | None | upside_2027q2_combined_gp |
| /operating_model/cells/upside_2027q2_gross_profit:upside/formula/refs/1 | None | upside_2027q2_cogs_amort |
| /operating_model/cells/upside_2027q2_gross_profit:upside/id | None | upside_2027q2_gross_profit |
| /operating_model/cells/upside_2027q2_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2027q2_gross_profit:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_gross_profit:upside/value | None | 137.785 |
| /operating_model/cells/upside_2027q2_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_investment_income:upside/id | None | upside_2027q2_investment_income |
| /operating_model/cells/upside_2027q2_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2027q2_investment_income:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/id | None | upside_2027q2_no_extra_special |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q2_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2027q2_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q2_operating_income:upside/formula/refs/0 | None | upside_2027q2_adjusted_ebitda |
| /operating_model/cells/upside_2027q2_operating_income:upside/formula/refs/1 | None | upside_2027q2_ebitda_to_gaap |
| /operating_model/cells/upside_2027q2_operating_income:upside/id | None | upside_2027q2_operating_income |
| /operating_model/cells/upside_2027q2_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2027q2_operating_income:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_operating_income:upside/value | None | 61.050000000000004 |
| /operating_model/cells/upside_2027q2_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_other_da:upside/id | None | upside_2027q2_other_da |
| /operating_model/cells/upside_2027q2_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2027q2_other_da:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_other_da:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q2_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_other_interest:upside/id | None | upside_2027q2_other_interest |
| /operating_model/cells/upside_2027q2_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2027q2_other_interest:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q2_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2027q2_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_preferred_base:upside/id | None | upside_2027q2_preferred_base |
| /operating_model/cells/upside_2027q2_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2027q2_preferred_base:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/formula/refs/0 | None | upside_2027q2_preferred_base |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/formula/refs/1 | None | upside_2027q2_preferred_rate |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/formula/refs/2 | None | upside_2027q2_quarter |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/id | None | upside_2027q2_preferred_cash |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_preferred_cash:upside/value | None | 7.96875 |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/id | None | upside_2027q2_preferred_rate |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_preferred_rate:upside/value | None | 0.0625 |
| /operating_model/cells/upside_2027q2_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_quarter:upside/id | None | upside_2027q2_quarter |
| /operating_model/cells/upside_2027q2_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2027q2_quarter:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q2_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2027q2_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2027q2_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_retention_expense:upside/formula/refs/0 | None | upside_2027q2_apa_service_expense |
| /operating_model/cells/upside_2027q2_retention_expense:upside/formula/refs/1 | None | upside_2027q2_awm_service_expense |
| /operating_model/cells/upside_2027q2_retention_expense:upside/id | None | upside_2027q2_retention_expense |
| /operating_model/cells/upside_2027q2_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2027q2_retention_expense:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_retention_expense:upside/value | None | 6.25 |
| /operating_model/cells/upside_2027q2_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2027q2_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q2_revenue:upside/formula/refs/0 | None | upside_2027q2_core_revenue |
| /operating_model/cells/upside_2027q2_revenue:upside/formula/refs/1 | None | upside_2027q2_awm_revenue |
| /operating_model/cells/upside_2027q2_revenue:upside/id | None | upside_2027q2_revenue |
| /operating_model/cells/upside_2027q2_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q2_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2027q2_revenue:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_revenue:upside/value | None | 488.0 |
| /operating_model/cells/upside_2027q2_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_sbc:upside/id | None | upside_2027q2_sbc |
| /operating_model/cells/upside_2027q2_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2027q2_sbc:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_sbc:upside/value | None | 5.9 |
| /operating_model/cells/upside_2027q2_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q2_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_special_cash:upside/id | None | upside_2027q2_special_cash |
| /operating_model/cells/upside_2027q2_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2027q2_special_cash:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_special_cash:upside/value | None | 1.0 |
| /operating_model/cells/upside_2027q2_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2027q2_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2027q2_wc_source:upside/id | None | upside_2027q2_wc_source |
| /operating_model/cells/upside_2027q2_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q2_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2027q2_wc_source:upside/period | None | 2027Q2 |
| /operating_model/cells/upside_2027q2_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q2_wc_source:upside/value | None | 5.0 |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/id | None | upside_2027q3_acquisition_cash |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/formula/refs/0 | None | upside_2027q3_core_ebitda |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/formula/refs/1 | None | upside_2027q3_awm_ebitda |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/id | None | upside_2027q3_adjusted_ebitda |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_adjusted_ebitda:upside/value | None | 90.35199999999999 |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/id | None | upside_2027q3_apa_service_cash |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_apa_service_cash:upside/value | None | 6.191780821917808 |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/id | None | upside_2027q3_apa_service_expense |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_apa_service_expense:upside/value | None | 2.5 |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/id | None | upside_2027q3_awm_eb_margin |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/formula/refs/0 | None | upside_2027q3_awm_revenue |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/formula/refs/1 | None | upside_2027q3_awm_eb_margin |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/id | None | upside_2027q3_awm_ebitda |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_awm_ebitda:upside/value | None | 10.0 |
| /operating_model/cells/upside_2027q3_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_gm:upside/id | None | upside_2027q3_awm_gm |
| /operating_model/cells/upside_2027q3_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2027q3_awm_gm:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2027q3_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2027q3_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_awm_gp:upside/formula/refs/0 | None | upside_2027q3_awm_revenue |
| /operating_model/cells/upside_2027q3_awm_gp:upside/formula/refs/1 | None | upside_2027q3_awm_gm |
| /operating_model/cells/upside_2027q3_awm_gp:upside/id | None | upside_2027q3_awm_gp |
| /operating_model/cells/upside_2027q3_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2027q3_awm_gp:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_awm_gp:upside/value | None | 13.0 |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/id | None | upside_2027q3_awm_revenue |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_awm_revenue:upside/value | None | 25.0 |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/id | None | upside_2027q3_awm_service_cash |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_awm_service_cash:upside/value | None | 5.0 |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/id | None | upside_2027q3_awm_service_expense |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_awm_service_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2027q3_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2027q3_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_below_fcf:upside/formula/refs/0 | None | upside_2027q3_preferred_cash |
| /operating_model/cells/upside_2027q3_below_fcf:upside/formula/refs/1 | None | upside_2027q3_acquisition_cash |
| /operating_model/cells/upside_2027q3_below_fcf:upside/formula/refs/2 | None | upside_2027q3_contingent_cash |
| /operating_model/cells/upside_2027q3_below_fcf:upside/id | None | upside_2027q3_below_fcf |
| /operating_model/cells/upside_2027q3_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2027q3_below_fcf:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_below_fcf:upside/value | None | 8.332125000000001 |
| /operating_model/cells/upside_2027q3_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_capex:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_capex:upside/id | None | upside_2027q3_capex |
| /operating_model/cells/upside_2027q3_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2027q3_capex:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_capex:upside/value | None | 9.0 |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/formula/refs/0 | None | upside_2027q3_fcf |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/formula/refs/1 | None | upside_2027q3_below_fcf |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/id | None | upside_2027q3_cash_after_claims |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cash_after_claims:upside/value | None | 39.668719178082185 |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/refs/0 | None | upside_2027q3_operating_income |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/refs/1 | None | upside_2027q3_sbc |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/refs/2 | None | upside_2027q3_da |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/refs/3 | None | upside_2027q3_retention_expense |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/formula/refs/4 | None | upside_2027q3_investment_income |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/id | None | upside_2027q3_cash_before_uses |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cash_before_uses:upside/value | None | 90.55199999999999 |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/formula/refs/0 | None | upside_2027q3_cash_before_uses |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/formula/refs/1 | None | upside_2027q3_cash_uses |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/id | None | upside_2027q3_cash_before_wc |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cash_before_wc:upside/value | None | 62.00084417808219 |
| /operating_model/cells/upside_2027q3_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cash_tax:upside/id | None | upside_2027q3_cash_tax |
| /operating_model/cells/upside_2027q3_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2027q3_cash_tax:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cash_tax:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q3_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2027q3_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/0 | None | upside_2027q3_apa_service_cash |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/1 | None | upside_2027q3_awm_service_cash |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/2 | None | upside_2027q3_debt_coupon |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/3 | None | upside_2027q3_other_interest |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/4 | None | upside_2027q3_cash_tax |
| /operating_model/cells/upside_2027q3_cash_uses:upside/formula/refs/5 | None | upside_2027q3_no_extra_special |
| /operating_model/cells/upside_2027q3_cash_uses:upside/id | None | upside_2027q3_cash_uses |
| /operating_model/cells/upside_2027q3_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2027q3_cash_uses:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cash_uses:upside/value | None | 28.551155821917806 |
| /operating_model/cells/upside_2027q3_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2027q3_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_cfo:upside/formula/refs/0 | None | upside_2027q3_cash_before_wc |
| /operating_model/cells/upside_2027q3_cfo:upside/formula/refs/1 | None | upside_2027q3_wc_source |
| /operating_model/cells/upside_2027q3_cfo:upside/id | None | upside_2027q3_cfo |
| /operating_model/cells/upside_2027q3_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2027q3_cfo:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cfo:upside/value | None | 57.00084417808219 |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/id | None | upside_2027q3_cogs_amort |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_cogs_amort:upside/value | None | 6.7 |
| /operating_model/cells/upside_2027q3_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2027q3_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_combined_gp:upside/formula/refs/0 | None | upside_2027q3_core_adjusted_gp |
| /operating_model/cells/upside_2027q3_combined_gp:upside/formula/refs/1 | None | upside_2027q3_awm_gp |
| /operating_model/cells/upside_2027q3_combined_gp:upside/id | None | upside_2027q3_combined_gp |
| /operating_model/cells/upside_2027q3_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2027q3_combined_gp:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_combined_gp:upside/value | None | 140.224 |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/id | None | upside_2027q3_contingent_cash |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_contingent_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/formula/refs/0 | None | upside_2027q3_core_revenue |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/formula/refs/1 | None | upside_2027q3_core_gp_margin |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/id | None | upside_2027q3_core_adjusted_gp |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_core_adjusted_gp:upside/value | None | 127.22399999999999 |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/id | None | upside_2027q3_core_eb_margin |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_core_eb_margin:upside/value | None | 0.18 |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/formula/refs/0 | None | upside_2027q3_core_revenue |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/formula/refs/1 | None | upside_2027q3_core_eb_margin |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/id | None | upside_2027q3_core_ebitda |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_core_ebitda:upside/value | None | 80.35199999999999 |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/id | None | upside_2027q3_core_gp_margin |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/label | None | Adjusted gross margin |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_core_gp_margin:upside/value | None | 0.285 |
| /operating_model/cells/upside_2027q3_core_growth:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_core_growth:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_growth:upside/id | None | upside_2027q3_core_growth |
| /operating_model/cells/upside_2027q3_core_growth:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_core_growth:upside/label | None | Pre-AWM business expansion |
| /operating_model/cells/upside_2027q3_core_growth:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_growth:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_core_growth:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q3_core_revenue:upside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/upside_2027q3_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_revenue:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_core_revenue:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_2027q3_core_revenue:upside/formula/refs/1 | None | upside_2027q3_core_growth |
| /operating_model/cells/upside_2027q3_core_revenue:upside/formula/refs/2 | None | upside_2027q3_core_season |
| /operating_model/cells/upside_2027q3_core_revenue:upside/id | None | upside_2027q3_core_revenue |
| /operating_model/cells/upside_2027q3_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2027q3_core_revenue:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_core_revenue:upside/value | None | 446.4 |
| /operating_model/cells/upside_2027q3_core_season:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_core_season:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_core_season:upside/id | None | upside_2027q3_core_season |
| /operating_model/cells/upside_2027q3_core_season:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_core_season:upside/label | None | Annual quarter share |
| /operating_model/cells/upside_2027q3_core_season:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_core_season:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_core_season:upside/value | None | 0.24 |
| /operating_model/cells/upside_2027q3_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2027q3_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_da:upside/formula/refs/0 | None | upside_2027q3_cogs_amort |
| /operating_model/cells/upside_2027q3_da:upside/formula/refs/1 | None | upside_2027q3_other_da |
| /operating_model/cells/upside_2027q3_da:upside/id | None | upside_2027q3_da |
| /operating_model/cells/upside_2027q3_da:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2027q3_da:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_da:upside/value | None | 18.7 |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/id | None | upside_2027q3_debt_coupon |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_debt_coupon:upside/value | None | 4.9593750000000005 |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2027q3_retention_expense |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2027q3_special_cash |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2027q3_sbc |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2027q3_da |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/id | None | upside_2027q3_ebitda_to_gaap |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_ebitda_to_gaap:upside/value | None | 29.65 |
| /operating_model/cells/upside_2027q3_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2027q3_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q3_fcf:upside/formula/refs/0 | None | upside_2027q3_cfo |
| /operating_model/cells/upside_2027q3_fcf:upside/formula/refs/1 | None | upside_2027q3_capex |
| /operating_model/cells/upside_2027q3_fcf:upside/id | None | upside_2027q3_fcf |
| /operating_model/cells/upside_2027q3_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2027q3_fcf:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_fcf:upside/value | None | 48.00084417808219 |
| /operating_model/cells/upside_2027q3_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2027q3_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q3_gross_profit:upside/formula/refs/0 | None | upside_2027q3_combined_gp |
| /operating_model/cells/upside_2027q3_gross_profit:upside/formula/refs/1 | None | upside_2027q3_cogs_amort |
| /operating_model/cells/upside_2027q3_gross_profit:upside/id | None | upside_2027q3_gross_profit |
| /operating_model/cells/upside_2027q3_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2027q3_gross_profit:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_gross_profit:upside/value | None | 133.524 |
| /operating_model/cells/upside_2027q3_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_investment_income:upside/id | None | upside_2027q3_investment_income |
| /operating_model/cells/upside_2027q3_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2027q3_investment_income:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/id | None | upside_2027q3_no_extra_special |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q3_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2027q3_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q3_operating_income:upside/formula/refs/0 | None | upside_2027q3_adjusted_ebitda |
| /operating_model/cells/upside_2027q3_operating_income:upside/formula/refs/1 | None | upside_2027q3_ebitda_to_gaap |
| /operating_model/cells/upside_2027q3_operating_income:upside/id | None | upside_2027q3_operating_income |
| /operating_model/cells/upside_2027q3_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2027q3_operating_income:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_operating_income:upside/value | None | 60.70199999999999 |
| /operating_model/cells/upside_2027q3_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_other_da:upside/id | None | upside_2027q3_other_da |
| /operating_model/cells/upside_2027q3_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2027q3_other_da:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_other_da:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q3_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_other_interest:upside/id | None | upside_2027q3_other_interest |
| /operating_model/cells/upside_2027q3_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2027q3_other_interest:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q3_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2027q3_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_preferred_base:upside/id | None | upside_2027q3_preferred_base |
| /operating_model/cells/upside_2027q3_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2027q3_preferred_base:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/formula/refs/0 | None | upside_2027q3_preferred_base |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/formula/refs/1 | None | upside_2027q3_preferred_rate |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/formula/refs/2 | None | upside_2027q3_quarter |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/id | None | upside_2027q3_preferred_cash |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_preferred_cash:upside/value | None | 8.332125000000001 |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/id | None | upside_2027q3_preferred_rate |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_preferred_rate:upside/value | None | 0.06535 |
| /operating_model/cells/upside_2027q3_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_quarter:upside/id | None | upside_2027q3_quarter |
| /operating_model/cells/upside_2027q3_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2027q3_quarter:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q3_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2027q3_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2027q3_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_retention_expense:upside/formula/refs/0 | None | upside_2027q3_apa_service_expense |
| /operating_model/cells/upside_2027q3_retention_expense:upside/formula/refs/1 | None | upside_2027q3_awm_service_expense |
| /operating_model/cells/upside_2027q3_retention_expense:upside/id | None | upside_2027q3_retention_expense |
| /operating_model/cells/upside_2027q3_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2027q3_retention_expense:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_retention_expense:upside/value | None | 3.75 |
| /operating_model/cells/upside_2027q3_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2027q3_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q3_revenue:upside/formula/refs/0 | None | upside_2027q3_core_revenue |
| /operating_model/cells/upside_2027q3_revenue:upside/formula/refs/1 | None | upside_2027q3_awm_revenue |
| /operating_model/cells/upside_2027q3_revenue:upside/id | None | upside_2027q3_revenue |
| /operating_model/cells/upside_2027q3_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q3_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2027q3_revenue:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_revenue:upside/value | None | 471.4 |
| /operating_model/cells/upside_2027q3_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_sbc:upside/id | None | upside_2027q3_sbc |
| /operating_model/cells/upside_2027q3_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2027q3_sbc:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_sbc:upside/value | None | 6.2 |
| /operating_model/cells/upside_2027q3_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q3_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_special_cash:upside/id | None | upside_2027q3_special_cash |
| /operating_model/cells/upside_2027q3_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2027q3_special_cash:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_special_cash:upside/value | None | 1.0 |
| /operating_model/cells/upside_2027q3_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2027q3_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2027q3_wc_source:upside/id | None | upside_2027q3_wc_source |
| /operating_model/cells/upside_2027q3_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q3_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2027q3_wc_source:upside/period | None | 2027Q3 |
| /operating_model/cells/upside_2027q3_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q3_wc_source:upside/value | None | -5.0 |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/basis | None | August 31 close: approximate $165M cash, subject to settlement. Not repeated in subsequent quarters. |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/id | None | upside_2027q4_acquisition_cash |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/label | None | Upfront AWM purchase cash |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/basis | None | Proxy for combined perimeter; not updated company guidance. |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/formula/refs/0 | None | upside_2027q4_core_ebitda |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/formula/refs/1 | None | upside_2027q4_awm_ebitda |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/id | None | upside_2027q4_adjusted_ebitda |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/label | None | Consolidated adjusted EBITDA |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_adjusted_ebitda:upside/value | None | 111.64 |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/basis | None | All-cash desk election: first anniversary, December 31 elapsed-service installment, then remaining second anniversary; employment conditions apply. |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/id | None | upside_2027q4_apa_service_cash |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/label | None | APA service cash settlement |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_apa_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/id | None | upside_2027q4_apa_service_expense |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/label | None | APA service-linked compensation expense |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_apa_service_expense:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/id | None | upside_2027q4_awm_eb_margin |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/label | None | AWM EBITDA margin |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_awm_eb_margin:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/basis | None | Desk contribution before integration and compensation exclusions. |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/formula/refs/0 | None | upside_2027q4_awm_revenue |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/formula/refs/1 | None | upside_2027q4_awm_eb_margin |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/id | None | upside_2027q4_awm_ebitda |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/label | None | AWM EBITDA contribution |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_awm_ebitda:upside/value | None | 11.200000000000001 |
| /operating_model/cells/upside_2027q4_awm_gm:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_awm_gm:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_gm:upside/id | None | upside_2027q4_awm_gm |
| /operating_model/cells/upside_2027q4_awm_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_awm_gm:upside/label | None | AWM gross margin |
| /operating_model/cells/upside_2027q4_awm_gm:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_awm_gm:upside/value | None | 0.52 |
| /operating_model/cells/upside_2027q4_awm_gp:upside/basis | None | Desk gross margin; acquisition allocation not yet disclosed. |
| /operating_model/cells/upside_2027q4_awm_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_awm_gp:upside/formula/refs/0 | None | upside_2027q4_awm_revenue |
| /operating_model/cells/upside_2027q4_awm_gp:upside/formula/refs/1 | None | upside_2027q4_awm_gm |
| /operating_model/cells/upside_2027q4_awm_gp:upside/id | None | upside_2027q4_awm_gp |
| /operating_model/cells/upside_2027q4_awm_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_awm_gp:upside/label | None | AWM gross profit before acquisition accounting |
| /operating_model/cells/upside_2027q4_awm_gp:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_awm_gp:upside/value | None | 14.56 |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/basis | None | September only in Q3 following August 31 close; future quarters are independent desk sales assumptions. |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/id | None | upside_2027q4_awm_revenue |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/label | None | Consolidated AWM revenue |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_awm_revenue:upside/value | None | 28.0 |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/basis | None | First anniversary payment assumes continued employment and cash rather than shares. |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/id | None | upside_2027q4_awm_service_cash |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/label | None | AWM service cash settlement |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_awm_service_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/basis | None | Desk straight-line two-year service period; final accounting pending. |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/id | None | upside_2027q4_awm_service_expense |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/label | None | AWM service-linked compensation expense |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_awm_service_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2027q4_below_fcf:upside/basis | None | Distinct cash claims, not GAAP operating expense. |
| /operating_model/cells/upside_2027q4_below_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_below_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_below_fcf:upside/formula/refs/0 | None | upside_2027q4_preferred_cash |
| /operating_model/cells/upside_2027q4_below_fcf:upside/formula/refs/1 | None | upside_2027q4_acquisition_cash |
| /operating_model/cells/upside_2027q4_below_fcf:upside/formula/refs/2 | None | upside_2027q4_contingent_cash |
| /operating_model/cells/upside_2027q4_below_fcf:upside/id | None | upside_2027q4_below_fcf |
| /operating_model/cells/upside_2027q4_below_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_below_fcf:upside/label | None | Preferred, purchase price and earnout cash |
| /operating_model/cells/upside_2027q4_below_fcf:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_below_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_below_fcf:upside/value | None | 20.606250000000003 |
| /operating_model/cells/upside_2027q4_capex:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_capex:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_capex:upside/id | None | upside_2027q4_capex |
| /operating_model/cells/upside_2027q4_capex:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_capex:upside/label | None | PP&E cash spending |
| /operating_model/cells/upside_2027q4_capex:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_capex:upside/value | None | 9.0 |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/basis | None | Before debt principal, new financing, ordinary award withholding and discretionary repurchases. |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/formula/refs/0 | None | upside_2027q4_fcf |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/formula/refs/1 | None | upside_2027q4_below_fcf |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/id | None | upside_2027q4_cash_after_claims |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/label | None | Cash after acquisition and preferred claims |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cash_after_claims:upside/value | None | 80.20875 |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/basis | None | Reverse accrued retention expense, then deduct contractual-scenario payments. |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/refs/0 | None | upside_2027q4_operating_income |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/refs/1 | None | upside_2027q4_sbc |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/refs/2 | None | upside_2027q4_da |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/refs/3 | None | upside_2027q4_retention_expense |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/formula/refs/4 | None | upside_2027q4_investment_income |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/id | None | upside_2027q4_cash_before_uses |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/label | None | Cash before financing costs, taxes and working capital |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cash_before_uses:upside/value | None | 111.84 |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/basis | None | Includes service compensation once in cash. |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/formula/refs/0 | None | upside_2027q4_cash_before_uses |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/formula/refs/1 | None | upside_2027q4_cash_uses |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/id | None | upside_2027q4_cash_before_wc |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/label | None | Cash before operating working capital |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cash_before_wc:upside/value | None | 94.815 |
| /operating_model/cells/upside_2027q4_cash_tax:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_cash_tax:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cash_tax:upside/id | None | upside_2027q4_cash_tax |
| /operating_model/cells/upside_2027q4_cash_tax:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_cash_tax:upside/label | None | Cash taxes |
| /operating_model/cells/upside_2027q4_cash_tax:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cash_tax:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cash_tax:upside/value | None | 15.0 |
| /operating_model/cells/upside_2027q4_cash_uses:upside/basis | None | Purchase consideration and preferred dividends remain below FCF. |
| /operating_model/cells/upside_2027q4_cash_uses:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/0 | None | upside_2027q4_apa_service_cash |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/1 | None | upside_2027q4_awm_service_cash |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/2 | None | upside_2027q4_debt_coupon |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/3 | None | upside_2027q4_other_interest |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/4 | None | upside_2027q4_cash_tax |
| /operating_model/cells/upside_2027q4_cash_uses:upside/formula/refs/5 | None | upside_2027q4_no_extra_special |
| /operating_model/cells/upside_2027q4_cash_uses:upside/id | None | upside_2027q4_cash_uses |
| /operating_model/cells/upside_2027q4_cash_uses:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_cash_uses:upside/label | None | Interest, tax and service-linked cash uses |
| /operating_model/cells/upside_2027q4_cash_uses:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cash_uses:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cash_uses:upside/value | None | 17.025 |
| /operating_model/cells/upside_2027q4_cfo:upside/basis | None | No automatic collection of all rebate receivables. |
| /operating_model/cells/upside_2027q4_cfo:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_cfo:upside/formula/refs/0 | None | upside_2027q4_cash_before_wc |
| /operating_model/cells/upside_2027q4_cfo:upside/formula/refs/1 | None | upside_2027q4_wc_source |
| /operating_model/cells/upside_2027q4_cfo:upside/id | None | upside_2027q4_cfo |
| /operating_model/cells/upside_2027q4_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_cfo:upside/label | None | Operating cash flow proxy |
| /operating_model/cells/upside_2027q4_cfo:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cfo:upside/value | None | 109.815 |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/id | None | upside_2027q4_cogs_amort |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/label | None | Acquired amortization/step-up in COGS |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_cogs_amort:upside/value | None | 6.7 |
| /operating_model/cells/upside_2027q4_combined_gp:upside/basis | None | Each business once. |
| /operating_model/cells/upside_2027q4_combined_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_combined_gp:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_combined_gp:upside/formula/refs/0 | None | upside_2027q4_core_adjusted_gp |
| /operating_model/cells/upside_2027q4_combined_gp:upside/formula/refs/1 | None | upside_2027q4_awm_gp |
| /operating_model/cells/upside_2027q4_combined_gp:upside/id | None | upside_2027q4_combined_gp |
| /operating_model/cells/upside_2027q4_combined_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_combined_gp:upside/label | None | Adjusted consolidated gross profit |
| /operating_model/cells/upside_2027q4_combined_gp:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_combined_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_combined_gp:upside/value | None | 173.58999999999997 |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/basis | None | Desk cash-election/timing scenario; differs from service payments and recognized fair value. Actual payment can be shares or zero. |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/id | None | upside_2027q4_contingent_cash |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/label | None | APA and AWM contingent purchase payments |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_contingent_cash:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/basis | None | Includes vendor rebates and own credits; no extra subsidy revenue. |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/formula/refs/0 | None | upside_2027q4_core_revenue |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/formula/refs/1 | None | upside_2027q4_core_gp_margin |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/id | None | upside_2027q4_core_adjusted_gp |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/label | None | Pre-AWM adjusted gross profit |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_core_adjusted_gp:upside/value | None | 159.02999999999997 |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/id | None | upside_2027q4_core_eb_margin |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/label | None | Pre-AWM EBITDA margin |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_core_eb_margin:upside/value | None | 0.18 |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/basis | None | Desk cost conversion; prior APA is already included. |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/formula/refs/0 | None | upside_2027q4_core_revenue |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/formula/refs/1 | None | upside_2027q4_core_eb_margin |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/id | None | upside_2027q4_core_ebitda |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/label | None | Pre-AWM adjusted EBITDA |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_core_ebitda:upside/value | None | 100.44 |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/id | None | upside_2027q4_core_gp_margin |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/label | None | Adjusted gross margin |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_core_gp_margin:upside/value | None | 0.285 |
| /operating_model/cells/upside_2027q4_core_growth:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_core_growth:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_growth:upside/id | None | upside_2027q4_core_growth |
| /operating_model/cells/upside_2027q4_core_growth:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_core_growth:upside/label | None | Pre-AWM business expansion |
| /operating_model/cells/upside_2027q4_core_growth:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_growth:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_core_growth:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q4_core_revenue:upside/basis | None | Organic and existing APA expansion; no new AWM inside core. |
| /operating_model/cells/upside_2027q4_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_revenue:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_core_revenue:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_2027q4_core_revenue:upside/formula/refs/1 | None | upside_2027q4_core_growth |
| /operating_model/cells/upside_2027q4_core_revenue:upside/formula/refs/2 | None | upside_2027q4_core_season |
| /operating_model/cells/upside_2027q4_core_revenue:upside/id | None | upside_2027q4_core_revenue |
| /operating_model/cells/upside_2027q4_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_core_revenue:upside/label | None | Revenue excluding AWM |
| /operating_model/cells/upside_2027q4_core_revenue:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_core_revenue:upside/value | None | 558.0 |
| /operating_model/cells/upside_2027q4_core_season:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_core_season:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_core_season:upside/id | None | upside_2027q4_core_season |
| /operating_model/cells/upside_2027q4_core_season:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_core_season:upside/label | None | Annual quarter share |
| /operating_model/cells/upside_2027q4_core_season:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_core_season:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_core_season:upside/value | None | 0.3 |
| /operating_model/cells/upside_2027q4_da:upside/basis | None | Provisional allowance; no goodwill amortization. |
| /operating_model/cells/upside_2027q4_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_da:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_da:upside/formula/refs/0 | None | upside_2027q4_cogs_amort |
| /operating_model/cells/upside_2027q4_da:upside/formula/refs/1 | None | upside_2027q4_other_da |
| /operating_model/cells/upside_2027q4_da:upside/id | None | upside_2027q4_da |
| /operating_model/cells/upside_2027q4_da:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_da:upside/label | None | Total depreciation and acquired amortization |
| /operating_model/cells/upside_2027q4_da:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_da:upside/value | None | 18.7 |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/basis | None | 2031 notes pay January/July; 2028 notes June/December. No principal maturity within this horizon. |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/id | None | upside_2027q4_debt_coupon |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/label | None | Convertible cash coupon |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_debt_coupon:upside/value | None | 1.625 |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/basis | None | No recurring fair-value gain assumed. |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/formula/refs/0 | None | upside_2027q4_retention_expense |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/formula/refs/1 | None | upside_2027q4_special_cash |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/formula/refs/2 | None | upside_2027q4_sbc |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/formula/refs/3 | None | upside_2027q4_da |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/id | None | upside_2027q4_ebitda_to_gaap |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/label | None | EBITDA-to-GAAP operating costs |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_ebitda_to_gaap:upside/value | None | 27.45 |
| /operating_model/cells/upside_2027q4_fcf:upside/basis | None | Before acquisition price and senior capital cash. |
| /operating_model/cells/upside_2027q4_fcf:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_fcf:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q4_fcf:upside/formula/refs/0 | None | upside_2027q4_cfo |
| /operating_model/cells/upside_2027q4_fcf:upside/formula/refs/1 | None | upside_2027q4_capex |
| /operating_model/cells/upside_2027q4_fcf:upside/id | None | upside_2027q4_fcf |
| /operating_model/cells/upside_2027q4_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_fcf:upside/label | None | CFO less capex |
| /operating_model/cells/upside_2027q4_fcf:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_fcf:upside/value | None | 100.815 |
| /operating_model/cells/upside_2027q4_gross_profit:upside/basis | None | Provisional acquisition accounting allowance. |
| /operating_model/cells/upside_2027q4_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_gross_profit:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q4_gross_profit:upside/formula/refs/0 | None | upside_2027q4_combined_gp |
| /operating_model/cells/upside_2027q4_gross_profit:upside/formula/refs/1 | None | upside_2027q4_cogs_amort |
| /operating_model/cells/upside_2027q4_gross_profit:upside/id | None | upside_2027q4_gross_profit |
| /operating_model/cells/upside_2027q4_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_gross_profit:upside/label | None | GAAP gross profit proxy |
| /operating_model/cells/upside_2027q4_gross_profit:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_gross_profit:upside/value | None | 166.89 |
| /operating_model/cells/upside_2027q4_investment_income:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_investment_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_investment_income:upside/id | None | upside_2027q4_investment_income |
| /operating_model/cells/upside_2027q4_investment_income:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_investment_income:upside/label | None | Cash investment income |
| /operating_model/cells/upside_2027q4_investment_income:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_investment_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_investment_income:upside/value | None | 1.2 |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/basis | None | Special expense is already cash in operating profit; no second deduction. |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/id | None | upside_2027q4_no_extra_special |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/label | None | Additional special-cost deduction |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_no_extra_special:upside/value | None | 0.0 |
| /operating_model/cells/upside_2027q4_operating_income:upside/basis | None | Cash special costs and SBC are not omitted from operating economics. |
| /operating_model/cells/upside_2027q4_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_operating_income:upside/formula/op | None | subtract |
| /operating_model/cells/upside_2027q4_operating_income:upside/formula/refs/0 | None | upside_2027q4_adjusted_ebitda |
| /operating_model/cells/upside_2027q4_operating_income:upside/formula/refs/1 | None | upside_2027q4_ebitda_to_gaap |
| /operating_model/cells/upside_2027q4_operating_income:upside/id | None | upside_2027q4_operating_income |
| /operating_model/cells/upside_2027q4_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_operating_income:upside/label | None | GAAP operating income proxy |
| /operating_model/cells/upside_2027q4_operating_income:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_operating_income:upside/value | None | 84.19 |
| /operating_model/cells/upside_2027q4_other_da:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_other_da:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_other_da:upside/id | None | upside_2027q4_other_da |
| /operating_model/cells/upside_2027q4_other_da:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_other_da:upside/label | None | Other depreciation/amortization |
| /operating_model/cells/upside_2027q4_other_da:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_other_da:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_other_da:upside/value | None | 12.0 |
| /operating_model/cells/upside_2027q4_other_interest:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_other_interest:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_other_interest:upside/id | None | upside_2027q4_other_interest |
| /operating_model/cells/upside_2027q4_other_interest:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_other_interest:upside/label | None | Other borrowing and bank cash cost |
| /operating_model/cells/upside_2027q4_other_interest:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_other_interest:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_other_interest:upside/value | None | 0.4 |
| /operating_model/cells/upside_2027q4_preferred_base:upside/basis | None | June $506.4M plus desk accrual through the August cash transition; not a reported closing balance. |
| /operating_model/cells/upside_2027q4_preferred_base:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_preferred_base:upside/id | None | upside_2027q4_preferred_base |
| /operating_model/cells/upside_2027q4_preferred_base:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_preferred_base:upside/label | None | Preferred liquidation proxy |
| /operating_model/cells/upside_2027q4_preferred_base:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_preferred_base:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_preferred_base:upside/value | None | 510.0 |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/basis | None | Conservative full-quarter Q3 2026 cash allowance; exact declaration/payment calendar not assumed. |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/formula/op | None | multiply |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/formula/refs/0 | None | upside_2027q4_preferred_base |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/formula/refs/1 | None | upside_2027q4_preferred_rate |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/formula/refs/2 | None | upside_2027q4_quarter |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/id | None | upside_2027q4_preferred_cash |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/label | None | Preferred cash dividend allowance |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_preferred_cash:upside/value | None | 8.606250000000001 |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/basis | None | 6.25% after fifth anniversary; 6.75% after August 10, 2027; Q3 2027 blended. |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/id | None | upside_2027q4_preferred_rate |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/label | None | Cash dividend rate |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_preferred_rate:upside/value | None | 0.0675 |
| /operating_model/cells/upside_2027q4_quarter:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_quarter:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_quarter:upside/id | None | upside_2027q4_quarter |
| /operating_model/cells/upside_2027q4_quarter:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_quarter:upside/label | None | Quarter year fraction |
| /operating_model/cells/upside_2027q4_quarter:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_quarter:upside/unit | None | ratio |
| /operating_model/cells/upside_2027q4_quarter:upside/value | None | 0.25 |
| /operating_model/cells/upside_2027q4_retention_expense:upside/basis | None | Excluded from adjusted EBITDA proxy but real compensation cost. |
| /operating_model/cells/upside_2027q4_retention_expense:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_retention_expense:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_retention_expense:upside/formula/refs/0 | None | upside_2027q4_apa_service_expense |
| /operating_model/cells/upside_2027q4_retention_expense:upside/formula/refs/1 | None | upside_2027q4_awm_service_expense |
| /operating_model/cells/upside_2027q4_retention_expense:upside/id | None | upside_2027q4_retention_expense |
| /operating_model/cells/upside_2027q4_retention_expense:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_retention_expense:upside/label | None | Combined service-linked compensation |
| /operating_model/cells/upside_2027q4_retention_expense:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_retention_expense:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_retention_expense:upside/value | None | 1.25 |
| /operating_model/cells/upside_2027q4_revenue:upside/basis | None | Guided pre-AWM perimeter plus new business once. |
| /operating_model/cells/upside_2027q4_revenue:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_2027q4_revenue:upside/formula/refs/0 | None | upside_2027q4_core_revenue |
| /operating_model/cells/upside_2027q4_revenue:upside/formula/refs/1 | None | upside_2027q4_awm_revenue |
| /operating_model/cells/upside_2027q4_revenue:upside/id | None | upside_2027q4_revenue |
| /operating_model/cells/upside_2027q4_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_2027q4_revenue:upside/label | None | Consolidated revenue |
| /operating_model/cells/upside_2027q4_revenue:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_revenue:upside/value | None | 586.0 |
| /operating_model/cells/upside_2027q4_sbc:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_sbc:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_sbc:upside/id | None | upside_2027q4_sbc |
| /operating_model/cells/upside_2027q4_sbc:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_sbc:upside/label | None | Ordinary equity compensation |
| /operating_model/cells/upside_2027q4_sbc:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_sbc:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_sbc:upside/value | None | 6.5 |
| /operating_model/cells/upside_2027q4_special_cash:upside/basis | None | Desk assumption, not company guidance. |
| /operating_model/cells/upside_2027q4_special_cash:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_special_cash:upside/id | None | upside_2027q4_special_cash |
| /operating_model/cells/upside_2027q4_special_cash:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_special_cash:upside/label | None | Integration and other cash acquisition expense |
| /operating_model/cells/upside_2027q4_special_cash:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_special_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_special_cash:upside/value | None | 1.0 |
| /operating_model/cells/upside_2027q4_wc_source:upside/basis | None | Desk customer/deposit, inventory, vendor-rebate and warranty cash timing; Q4 delivery collections partly spill into Q1. |
| /operating_model/cells/upside_2027q4_wc_source:upside/case | None | upside |
| /operating_model/cells/upside_2027q4_wc_source:upside/id | None | upside_2027q4_wc_source |
| /operating_model/cells/upside_2027q4_wc_source:upside/kind | None | assumption |
| /operating_model/cells/upside_2027q4_wc_source:upside/label | None | Net working-capital cash source |
| /operating_model/cells/upside_2027q4_wc_source:upside/period | None | 2027Q4 |
| /operating_model/cells/upside_2027q4_wc_source:upside/unit | None | USD_millions |
| /operating_model/cells/upside_2027q4_wc_source:upside/value | None | 15.0 |
| /operating_model/cells/upside_core_target:upside/basis | None | Base is guided midpoint; other cases are desk delivery sensitivities. |
| /operating_model/cells/upside_core_target:upside/case | None | upside |
| /operating_model/cells/upside_core_target:upside/id | None | upside_core_target |
| /operating_model/cells/upside_core_target:upside/kind | None | assumption |
| /operating_model/cells/upside_core_target:upside/label | None | Annual pre-AWM revenue scenario |
| /operating_model/cells/upside_core_target:upside/period | None | FY2026 |
| /operating_model/cells/upside_core_target:upside/unit | None | USD_millions |
| /operating_model/cells/upside_core_target:upside/value | None | 1550.0 |
| /operating_model/cells/upside_eb_target:upside/basis | None | Base is guidance midpoint; no AWM in this amount. |
| /operating_model/cells/upside_eb_target:upside/case | None | upside |
| /operating_model/cells/upside_eb_target:upside/id | None | upside_eb_target |
| /operating_model/cells/upside_eb_target:upside/kind | None | assumption |
| /operating_model/cells/upside_eb_target:upside/label | None | Annual pre-AWM adjusted EBITDA scenario |
| /operating_model/cells/upside_eb_target:upside/period | None | FY2026 |
| /operating_model/cells/upside_eb_target:upside/unit | None | USD_millions |
| /operating_model/cells/upside_eb_target:upside/value | None | 250.0 |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/formula/refs/0 | None | h1_acquisition_cash |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/formula/refs/1 | None | upside_2026q3_acquisition_cash |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/formula/refs/2 | None | upside_2026q4_acquisition_cash |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/id | None | upside_fy2026_acquisition_cash |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_acquisition_cash:upside/value | None | 165.0 |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/formula/refs/0 | None | h1_adjusted_ebitda |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/formula/refs/1 | None | upside_2026q3_adjusted_ebitda |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/formula/refs/2 | None | upside_2026q4_adjusted_ebitda |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/id | None | upside_fy2026_adjusted_ebitda |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_adjusted_ebitda:upside/value | None | 260.8 |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/formula/refs/0 | None | h1_awm_revenue |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/formula/refs/1 | None | upside_2026q3_awm_revenue |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/formula/refs/2 | None | upside_2026q4_awm_revenue |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/id | None | upside_fy2026_awm_revenue |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_awm_revenue:upside/value | None | 27.0 |
| /operating_model/cells/upside_fy2026_capex:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_capex:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_capex:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_capex:upside/formula/refs/0 | None | h1_capex |
| /operating_model/cells/upside_fy2026_capex:upside/formula/refs/1 | None | upside_2026q3_capex |
| /operating_model/cells/upside_fy2026_capex:upside/formula/refs/2 | None | upside_2026q4_capex |
| /operating_model/cells/upside_fy2026_capex:upside/id | None | upside_fy2026_capex |
| /operating_model/cells/upside_fy2026_capex:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_capex:upside/label | None | Cash capex ($M) |
| /operating_model/cells/upside_fy2026_capex:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_capex:upside/value | None | 31.144 |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/formula/refs/0 | None | h1_cash_after_claims |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/formula/refs/1 | None | upside_2026q3_cash_after_claims |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/formula/refs/2 | None | upside_2026q4_cash_after_claims |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/id | None | upside_fy2026_cash_after_claims |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_cash_after_claims:upside/value | None | -92.87709417808217 |
| /operating_model/cells/upside_fy2026_cfo:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_cfo:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_cfo:upside/formula/refs/0 | None | h1_cfo |
| /operating_model/cells/upside_fy2026_cfo:upside/formula/refs/1 | None | upside_2026q3_cfo |
| /operating_model/cells/upside_fy2026_cfo:upside/formula/refs/2 | None | upside_2026q4_cfo |
| /operating_model/cells/upside_fy2026_cfo:upside/id | None | upside_fy2026_cfo |
| /operating_model/cells/upside_fy2026_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_cfo:upside/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/upside_fy2026_cfo:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_cfo:upside/value | None | 133.77840582191783 |
| /operating_model/cells/upside_fy2026_core_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_core_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_core_revenue:upside/formula/refs/0 | None | h1_core_revenue |
| /operating_model/cells/upside_fy2026_core_revenue:upside/formula/refs/1 | None | upside_2026q3_core_revenue |
| /operating_model/cells/upside_fy2026_core_revenue:upside/formula/refs/2 | None | upside_2026q4_core_revenue |
| /operating_model/cells/upside_fy2026_core_revenue:upside/id | None | upside_fy2026_core_revenue |
| /operating_model/cells/upside_fy2026_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_core_revenue:upside/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/upside_fy2026_core_revenue:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_core_revenue:upside/value | None | 1550.0 |
| /operating_model/cells/upside_fy2026_fcf:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_fcf:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_fcf:upside/formula/refs/0 | None | h1_fcf |
| /operating_model/cells/upside_fy2026_fcf:upside/formula/refs/1 | None | upside_2026q3_fcf |
| /operating_model/cells/upside_fy2026_fcf:upside/formula/refs/2 | None | upside_2026q4_fcf |
| /operating_model/cells/upside_fy2026_fcf:upside/id | None | upside_fy2026_fcf |
| /operating_model/cells/upside_fy2026_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_fcf:upside/label | None | CFO less capex ($M) |
| /operating_model/cells/upside_fy2026_fcf:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_fcf:upside/value | None | 102.63440582191782 |
| /operating_model/cells/upside_fy2026_gross_profit:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_gross_profit:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_gross_profit:upside/formula/refs/0 | None | h1_gross_profit |
| /operating_model/cells/upside_fy2026_gross_profit:upside/formula/refs/1 | None | upside_2026q3_gross_profit |
| /operating_model/cells/upside_fy2026_gross_profit:upside/formula/refs/2 | None | upside_2026q4_gross_profit |
| /operating_model/cells/upside_fy2026_gross_profit:upside/id | None | upside_fy2026_gross_profit |
| /operating_model/cells/upside_fy2026_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_gross_profit:upside/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/upside_fy2026_gross_profit:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_gross_profit:upside/value | None | 431.78099999999995 |
| /operating_model/cells/upside_fy2026_operating_income:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_operating_income:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_operating_income:upside/formula/refs/0 | None | h1_operating_income |
| /operating_model/cells/upside_fy2026_operating_income:upside/formula/refs/1 | None | upside_2026q3_operating_income |
| /operating_model/cells/upside_fy2026_operating_income:upside/formula/refs/2 | None | upside_2026q4_operating_income |
| /operating_model/cells/upside_fy2026_operating_income:upside/id | None | upside_fy2026_operating_income |
| /operating_model/cells/upside_fy2026_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_operating_income:upside/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/upside_fy2026_operating_income:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_operating_income:upside/value | None | 147.92033333333336 |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/formula/refs/0 | None | h1_preferred_cash |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/formula/refs/1 | None | upside_2026q3_preferred_cash |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/formula/refs/2 | None | upside_2026q4_preferred_cash |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/id | None | upside_fy2026_preferred_cash |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_preferred_cash:upside/value | None | 15.9375 |
| /operating_model/cells/upside_fy2026_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2026_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2026_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2026_revenue:upside/formula/refs/0 | None | h1_revenue |
| /operating_model/cells/upside_fy2026_revenue:upside/formula/refs/1 | None | upside_2026q3_revenue |
| /operating_model/cells/upside_fy2026_revenue:upside/formula/refs/2 | None | upside_2026q4_revenue |
| /operating_model/cells/upside_fy2026_revenue:upside/id | None | upside_fy2026_revenue |
| /operating_model/cells/upside_fy2026_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2026_revenue:upside/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/upside_fy2026_revenue:upside/period | None | FY2026 |
| /operating_model/cells/upside_fy2026_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2026_revenue:upside/value | None | 1577.0 |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/formula/refs/0 | None | upside_2027q1_acquisition_cash |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/formula/refs/1 | None | upside_2027q2_acquisition_cash |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/formula/refs/2 | None | upside_2027q3_acquisition_cash |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/formula/refs/3 | None | upside_2027q4_acquisition_cash |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/id | None | upside_fy2027_acquisition_cash |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/label | None | Upfront acquisition cash ($M) |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_acquisition_cash:upside/value | None | 0.0 |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/formula/refs/0 | None | upside_2027q1_adjusted_ebitda |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/formula/refs/1 | None | upside_2027q2_adjusted_ebitda |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/formula/refs/2 | None | upside_2027q3_adjusted_ebitda |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/formula/refs/3 | None | upside_2027q4_adjusted_ebitda |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/id | None | upside_fy2027_adjusted_ebitda |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/label | None | Adjusted EBITDA proxy ($M) |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_adjusted_ebitda:upside/value | None | 373.59999999999997 |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/formula/refs/0 | None | upside_2027q1_awm_revenue |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/formula/refs/1 | None | upside_2027q2_awm_revenue |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/formula/refs/2 | None | upside_2027q3_awm_revenue |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/formula/refs/3 | None | upside_2027q4_awm_revenue |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/id | None | upside_fy2027_awm_revenue |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/label | None | Post-close AWM revenue ($M) |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_awm_revenue:upside/value | None | 97.0 |
| /operating_model/cells/upside_fy2027_capex:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_capex:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_capex:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_capex:upside/formula/refs/0 | None | upside_2027q1_capex |
| /operating_model/cells/upside_fy2027_capex:upside/formula/refs/1 | None | upside_2027q2_capex |
| /operating_model/cells/upside_fy2027_capex:upside/formula/refs/2 | None | upside_2027q3_capex |
| /operating_model/cells/upside_fy2027_capex:upside/formula/refs/3 | None | upside_2027q4_capex |
| /operating_model/cells/upside_fy2027_capex:upside/id | None | upside_fy2027_capex |
| /operating_model/cells/upside_fy2027_capex:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_capex:upside/label | None | Cash capex ($M) |
| /operating_model/cells/upside_fy2027_capex:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_capex:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_capex:upside/value | None | 36.0 |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/formula/refs/0 | None | upside_2027q1_cash_after_claims |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/formula/refs/1 | None | upside_2027q2_cash_after_claims |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/formula/refs/2 | None | upside_2027q3_cash_after_claims |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/formula/refs/3 | None | upside_2027q4_cash_after_claims |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/id | None | upside_fy2027_cash_after_claims |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/label | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_cash_after_claims:upside/value | None | 280.5635941780822 |
| /operating_model/cells/upside_fy2027_cfo:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_cfo:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_cfo:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_cfo:upside/formula/refs/0 | None | upside_2027q1_cfo |
| /operating_model/cells/upside_fy2027_cfo:upside/formula/refs/1 | None | upside_2027q2_cfo |
| /operating_model/cells/upside_fy2027_cfo:upside/formula/refs/2 | None | upside_2027q3_cfo |
| /operating_model/cells/upside_fy2027_cfo:upside/formula/refs/3 | None | upside_2027q4_cfo |
| /operating_model/cells/upside_fy2027_cfo:upside/id | None | upside_fy2027_cfo |
| /operating_model/cells/upside_fy2027_cfo:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_cfo:upside/label | None | Operating cash flow proxy ($M) |
| /operating_model/cells/upside_fy2027_cfo:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_cfo:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_cfo:upside/value | None | 369.4394691780822 |
| /operating_model/cells/upside_fy2027_core_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_core_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_core_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_core_revenue:upside/formula/refs/0 | None | upside_2027q1_core_revenue |
| /operating_model/cells/upside_fy2027_core_revenue:upside/formula/refs/1 | None | upside_2027q2_core_revenue |
| /operating_model/cells/upside_fy2027_core_revenue:upside/formula/refs/2 | None | upside_2027q3_core_revenue |
| /operating_model/cells/upside_fy2027_core_revenue:upside/formula/refs/3 | None | upside_2027q4_core_revenue |
| /operating_model/cells/upside_fy2027_core_revenue:upside/id | None | upside_fy2027_core_revenue |
| /operating_model/cells/upside_fy2027_core_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_core_revenue:upside/label | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/cells/upside_fy2027_core_revenue:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_core_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_core_revenue:upside/value | None | 1860.0 |
| /operating_model/cells/upside_fy2027_fcf:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_fcf:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_fcf:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_fcf:upside/formula/refs/0 | None | upside_2027q1_fcf |
| /operating_model/cells/upside_fy2027_fcf:upside/formula/refs/1 | None | upside_2027q2_fcf |
| /operating_model/cells/upside_fy2027_fcf:upside/formula/refs/2 | None | upside_2027q3_fcf |
| /operating_model/cells/upside_fy2027_fcf:upside/formula/refs/3 | None | upside_2027q4_fcf |
| /operating_model/cells/upside_fy2027_fcf:upside/id | None | upside_fy2027_fcf |
| /operating_model/cells/upside_fy2027_fcf:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_fcf:upside/label | None | CFO less capex ($M) |
| /operating_model/cells/upside_fy2027_fcf:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_fcf:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_fcf:upside/value | None | 333.43946917808216 |
| /operating_model/cells/upside_fy2027_gross_profit:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_gross_profit:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_gross_profit:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_gross_profit:upside/formula/refs/0 | None | upside_2027q1_gross_profit |
| /operating_model/cells/upside_fy2027_gross_profit:upside/formula/refs/1 | None | upside_2027q2_gross_profit |
| /operating_model/cells/upside_fy2027_gross_profit:upside/formula/refs/2 | None | upside_2027q3_gross_profit |
| /operating_model/cells/upside_fy2027_gross_profit:upside/formula/refs/3 | None | upside_2027q4_gross_profit |
| /operating_model/cells/upside_fy2027_gross_profit:upside/id | None | upside_fy2027_gross_profit |
| /operating_model/cells/upside_fy2027_gross_profit:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_gross_profit:upside/label | None | GAAP gross profit proxy ($M) |
| /operating_model/cells/upside_fy2027_gross_profit:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_gross_profit:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_gross_profit:upside/value | None | 553.74 |
| /operating_model/cells/upside_fy2027_operating_income:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_operating_income:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_operating_income:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_operating_income:upside/formula/refs/0 | None | upside_2027q1_operating_income |
| /operating_model/cells/upside_fy2027_operating_income:upside/formula/refs/1 | None | upside_2027q2_operating_income |
| /operating_model/cells/upside_fy2027_operating_income:upside/formula/refs/2 | None | upside_2027q3_operating_income |
| /operating_model/cells/upside_fy2027_operating_income:upside/formula/refs/3 | None | upside_2027q4_operating_income |
| /operating_model/cells/upside_fy2027_operating_income:upside/id | None | upside_fy2027_operating_income |
| /operating_model/cells/upside_fy2027_operating_income:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_operating_income:upside/label | None | GAAP operating income proxy ($M) |
| /operating_model/cells/upside_fy2027_operating_income:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_operating_income:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_operating_income:upside/value | None | 253.1 |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/formula/refs/0 | None | upside_2027q1_preferred_cash |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/formula/refs/1 | None | upside_2027q2_preferred_cash |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/formula/refs/2 | None | upside_2027q3_preferred_cash |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/formula/refs/3 | None | upside_2027q4_preferred_cash |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/id | None | upside_fy2027_preferred_cash |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/label | None | Preferred cash dividend allowance ($M) |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_preferred_cash:upside/value | None | 32.875875 |
| /operating_model/cells/upside_fy2027_revenue:upside/basis | None | Reported year-to-date amount plus remaining forecast quarters, or sum of four forecast quarters. |
| /operating_model/cells/upside_fy2027_revenue:upside/case | None | upside |
| /operating_model/cells/upside_fy2027_revenue:upside/formula/op | None | sum |
| /operating_model/cells/upside_fy2027_revenue:upside/formula/refs/0 | None | upside_2027q1_revenue |
| /operating_model/cells/upside_fy2027_revenue:upside/formula/refs/1 | None | upside_2027q2_revenue |
| /operating_model/cells/upside_fy2027_revenue:upside/formula/refs/2 | None | upside_2027q3_revenue |
| /operating_model/cells/upside_fy2027_revenue:upside/formula/refs/3 | None | upside_2027q4_revenue |
| /operating_model/cells/upside_fy2027_revenue:upside/id | None | upside_fy2027_revenue |
| /operating_model/cells/upside_fy2027_revenue:upside/kind | None | derived |
| /operating_model/cells/upside_fy2027_revenue:upside/label | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/cells/upside_fy2027_revenue:upside/period | None | FY2027 |
| /operating_model/cells/upside_fy2027_revenue:upside/unit | None | USD_millions |
| /operating_model/cells/upside_fy2027_revenue:upside/value | None | 1957.0 |
| /operating_model/cells/upside_gm:upside/basis | None | Base 27.5% is midpoint of 27%-28% company range. |
| /operating_model/cells/upside_gm:upside/case | None | upside |
| /operating_model/cells/upside_gm:upside/id | None | upside_gm |
| /operating_model/cells/upside_gm:upside/kind | None | assumption |
| /operating_model/cells/upside_gm:upside/label | None | Annual adjusted gross margin |
| /operating_model/cells/upside_gm:upside/period | None | FY2026 |
| /operating_model/cells/upside_gm:upside/unit | None | ratio |
| /operating_model/cells/upside_gm:upside/value | None | 0.285 |
| /operating_model/cells/upside_gp_target:upside/basis | None | Includes rebates once through product economics. |
| /operating_model/cells/upside_gp_target:upside/case | None | upside |
| /operating_model/cells/upside_gp_target:upside/formula/op | None | multiply |
| /operating_model/cells/upside_gp_target:upside/formula/refs/0 | None | upside_core_target |
| /operating_model/cells/upside_gp_target:upside/formula/refs/1 | None | upside_gm |
| /operating_model/cells/upside_gp_target:upside/id | None | upside_gp_target |
| /operating_model/cells/upside_gp_target:upside/kind | None | derived |
| /operating_model/cells/upside_gp_target:upside/label | None | Annual pre-AWM adjusted gross profit |
| /operating_model/cells/upside_gp_target:upside/period | None | FY2026 |
| /operating_model/cells/upside_gp_target:upside/unit | None | USD_millions |
| /operating_model/cells/upside_gp_target:upside/value | None | 441.74999999999994 |
| /operating_model/highlights/0 | None | annual_guide |
| /operating_model/highlights/1 | None | q3_guide |
| /operating_model/highlights/10 | None | debt_2028 |
| /operating_model/highlights/11 | None | debt_2031 |
| /operating_model/highlights/12 | None | preferred_liquidation |
| /operating_model/highlights/13 | None | rebate_receivable |
| /operating_model/highlights/14 | None | h1_fcf |
| /operating_model/highlights/15 | None | h1_common_income |
| /operating_model/highlights/16 | None | h1_net_income |
| /operating_model/highlights/17 | None | apa_service_total |
| /operating_model/highlights/2 | None | ebitda_guide |
| /operating_model/highlights/3 | None | backlog |
| /operating_model/highlights/4 | None | awm_ttm_revenue |
| /operating_model/highlights/5 | None | awm_cash |
| /operating_model/highlights/6 | None | awm_service_max |
| /operating_model/highlights/7 | None | awm_earnout_max |
| /operating_model/highlights/8 | None | cash |
| /operating_model/highlights/9 | None | cash_less_purchase |
| /operating_model/limitations/0 | None | The August earnings presentation explicitly excludes AWM from guidance. Added AWM revenue and earnings are desk assumptions; July disclosed nearly $60M trailing sales, not a future sales forecast. |
| /operating_model/limitations/1 | None | AWM closed August 31 for approximately $165M cash subject to settlement. The earlier $153M base price and $203M headline including maximum contingent/service amounts are not three separate cash payments. |
| /operating_model/limitations/2 | None | AWM purchase accounting is not yet available. Acquired amortization is a provisional scenario, not reported GAAP. Employment-conditioned payments are treated as compensation proxies pending filing confirmation. |
| /operating_model/limitations/3 | None | APA service-linked payments are compensation, separate from acquisition earnouts. All-cash settlement is a conservative scenario; contracts permit common shares or a combination, which changes dilution and cash needs. |
| /operating_model/limitations/4 | None | Preferred dividends become cash-only after August 10, 2026 absent default accrual. Forecast uses a $510M liquidation base and quarterly cash allowance; exact declaration, payment dates and redemption economics are not modeled. |
| /operating_model/limitations/5 | None | 45X vendor rebates and own credits reduce product costs and are already inside the margin scenario. Receivables are not counted as incremental revenue or instantly collected cash. No legal eligibility forecast is made. |
| /operating_model/limitations/6 | None | Backlog is not guaranteed revenue. Q4 delivery concentration shifts some collections into Q1 2027. No full debt, revolver, common EPS, preferred redemption or acquisition accounting model is supplied. |
| /operating_model/method | None | Keep the August revenue/EBITDA outlook on its explicitly pre-AWM perimeter. Remaining H2 core sales are annual guidance less actual H1; Q3 follows the separate quarterly range and Q4 is the residual. Add AWM only from its August 31 close using an explicit one-month Q3 assumption. Bridge adjusted EBITDA through depreciation, equity pay, service-linked acquisition expense and cash costs to GAAP profit. Reconcile cash timing, then show capex, preferred dividends, purchase consideration and contingent earnouts separately. |
| /operating_model/metrics/acquisition_cash | None | Upfront acquisition cash ($M) |
| /operating_model/metrics/adjusted_ebitda | None | Adjusted EBITDA proxy ($M) |
| /operating_model/metrics/awm_revenue | None | Post-close AWM revenue ($M) |
| /operating_model/metrics/capex | None | Cash capex ($M) |
| /operating_model/metrics/cash_after_claims | None | Cash after acquisitions and senior claims ($M) |
| /operating_model/metrics/cfo | None | Operating cash flow proxy ($M) |
| /operating_model/metrics/core_revenue | None | Revenue on pre-AWM guidance perimeter ($M) |
| /operating_model/metrics/fcf | None | CFO less capex ($M) |
| /operating_model/metrics/gross_profit | None | GAAP gross profit proxy ($M) |
| /operating_model/metrics/operating_income | None | GAAP operating income proxy ($M) |
| /operating_model/metrics/preferred_cash | None | Preferred cash dividend allowance ($M) |
| /operating_model/metrics/revenue | None | Revenue including modeled post-close AWM ($M) |
| /operating_model/outputs/2026Q3:base/case | None | base |
| /operating_model/outputs/2026Q3:base/frequency | None | quarter |
| /operating_model/outputs/2026Q3:base/metrics/acquisition_cash | None | base_2026q3_acquisition_cash |
| /operating_model/outputs/2026Q3:base/metrics/adjusted_ebitda | None | base_2026q3_adjusted_ebitda |
| /operating_model/outputs/2026Q3:base/metrics/awm_revenue | None | base_2026q3_awm_revenue |
| /operating_model/outputs/2026Q3:base/metrics/capex | None | base_2026q3_capex |
| /operating_model/outputs/2026Q3:base/metrics/cash_after_claims | None | base_2026q3_cash_after_claims |
| /operating_model/outputs/2026Q3:base/metrics/cfo | None | base_2026q3_cfo |
| /operating_model/outputs/2026Q3:base/metrics/core_revenue | None | base_2026q3_core_revenue |
| /operating_model/outputs/2026Q3:base/metrics/fcf | None | base_2026q3_fcf |
| /operating_model/outputs/2026Q3:base/metrics/gross_profit | None | base_2026q3_gross_profit |
| /operating_model/outputs/2026Q3:base/metrics/operating_income | None | base_2026q3_operating_income |
| /operating_model/outputs/2026Q3:base/metrics/preferred_cash | None | base_2026q3_preferred_cash |
| /operating_model/outputs/2026Q3:base/metrics/revenue | None | base_2026q3_revenue |
| /operating_model/outputs/2026Q3:base/period | None | 2026Q3 |
| /operating_model/outputs/2026Q3:base/period_end | None | 2026-09-30 |
| /operating_model/outputs/2026Q3:base/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/2026Q3:base/values/adjusted_ebitda | None | 48.25 |
| /operating_model/outputs/2026Q3:base/values/awm_revenue | None | 5.0 |
| /operating_model/outputs/2026Q3:base/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q3:base/values/cash_after_claims | None | -186.378125 |
| /operating_model/outputs/2026Q3:base/values/cfo | None | -5.409375000000004 |
| /operating_model/outputs/2026Q3:base/values/core_revenue | None | 320.0 |
| /operating_model/outputs/2026Q3:base/values/fcf | None | -13.409375000000004 |
| /operating_model/outputs/2026Q3:base/values/gross_profit | None | 84.6 |
| /operating_model/outputs/2026Q3:base/values/operating_income | None | 17.833333333333332 |
| /operating_model/outputs/2026Q3:base/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q3:base/values/revenue | None | 325.0 |
| /operating_model/outputs/2026Q3:downside/case | None | downside |
| /operating_model/outputs/2026Q3:downside/frequency | None | quarter |
| /operating_model/outputs/2026Q3:downside/metrics/acquisition_cash | None | downside_2026q3_acquisition_cash |
| /operating_model/outputs/2026Q3:downside/metrics/adjusted_ebitda | None | downside_2026q3_adjusted_ebitda |
| /operating_model/outputs/2026Q3:downside/metrics/awm_revenue | None | downside_2026q3_awm_revenue |
| /operating_model/outputs/2026Q3:downside/metrics/capex | None | downside_2026q3_capex |
| /operating_model/outputs/2026Q3:downside/metrics/cash_after_claims | None | downside_2026q3_cash_after_claims |
| /operating_model/outputs/2026Q3:downside/metrics/cfo | None | downside_2026q3_cfo |
| /operating_model/outputs/2026Q3:downside/metrics/core_revenue | None | downside_2026q3_core_revenue |
| /operating_model/outputs/2026Q3:downside/metrics/fcf | None | downside_2026q3_fcf |
| /operating_model/outputs/2026Q3:downside/metrics/gross_profit | None | downside_2026q3_gross_profit |
| /operating_model/outputs/2026Q3:downside/metrics/operating_income | None | downside_2026q3_operating_income |
| /operating_model/outputs/2026Q3:downside/metrics/preferred_cash | None | downside_2026q3_preferred_cash |
| /operating_model/outputs/2026Q3:downside/metrics/revenue | None | downside_2026q3_revenue |
| /operating_model/outputs/2026Q3:downside/period | None | 2026Q3 |
| /operating_model/outputs/2026Q3:downside/period_end | None | 2026-09-30 |
| /operating_model/outputs/2026Q3:downside/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/2026Q3:downside/values/adjusted_ebitda | None | 34.2 |
| /operating_model/outputs/2026Q3:downside/values/awm_revenue | None | 4.0 |
| /operating_model/outputs/2026Q3:downside/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q3:downside/values/cash_after_claims | None | -215.428125 |
| /operating_model/outputs/2026Q3:downside/values/cfo | None | -34.459374999999994 |
| /operating_model/outputs/2026Q3:downside/values/core_revenue | None | 300.0 |
| /operating_model/outputs/2026Q3:downside/values/fcf | None | -42.459374999999994 |
| /operating_model/outputs/2026Q3:downside/values/gross_profit | None | 72.38 |
| /operating_model/outputs/2026Q3:downside/values/operating_income | None | 3.783333333333335 |
| /operating_model/outputs/2026Q3:downside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q3:downside/values/revenue | None | 304.0 |
| /operating_model/outputs/2026Q3:upside/case | None | upside |
| /operating_model/outputs/2026Q3:upside/frequency | None | quarter |
| /operating_model/outputs/2026Q3:upside/metrics/acquisition_cash | None | upside_2026q3_acquisition_cash |
| /operating_model/outputs/2026Q3:upside/metrics/adjusted_ebitda | None | upside_2026q3_adjusted_ebitda |
| /operating_model/outputs/2026Q3:upside/metrics/awm_revenue | None | upside_2026q3_awm_revenue |
| /operating_model/outputs/2026Q3:upside/metrics/capex | None | upside_2026q3_capex |
| /operating_model/outputs/2026Q3:upside/metrics/cash_after_claims | None | upside_2026q3_cash_after_claims |
| /operating_model/outputs/2026Q3:upside/metrics/cfo | None | upside_2026q3_cfo |
| /operating_model/outputs/2026Q3:upside/metrics/core_revenue | None | upside_2026q3_core_revenue |
| /operating_model/outputs/2026Q3:upside/metrics/fcf | None | upside_2026q3_fcf |
| /operating_model/outputs/2026Q3:upside/metrics/gross_profit | None | upside_2026q3_gross_profit |
| /operating_model/outputs/2026Q3:upside/metrics/operating_income | None | upside_2026q3_operating_income |
| /operating_model/outputs/2026Q3:upside/metrics/preferred_cash | None | upside_2026q3_preferred_cash |
| /operating_model/outputs/2026Q3:upside/metrics/revenue | None | upside_2026q3_revenue |
| /operating_model/outputs/2026Q3:upside/period | None | 2026Q3 |
| /operating_model/outputs/2026Q3:upside/period_end | None | 2026-09-30 |
| /operating_model/outputs/2026Q3:upside/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/2026Q3:upside/values/adjusted_ebitda | None | 56.8 |
| /operating_model/outputs/2026Q3:upside/values/awm_revenue | None | 6.0 |
| /operating_model/outputs/2026Q3:upside/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q3:upside/values/cash_after_claims | None | -167.828125 |
| /operating_model/outputs/2026Q3:upside/values/cfo | None | 13.140624999999993 |
| /operating_model/outputs/2026Q3:upside/values/core_revenue | None | 340.0 |
| /operating_model/outputs/2026Q3:upside/values/fcf | None | 5.140624999999993 |
| /operating_model/outputs/2026Q3:upside/values/gross_profit | None | 94.02 |
| /operating_model/outputs/2026Q3:upside/values/operating_income | None | 26.38333333333333 |
| /operating_model/outputs/2026Q3:upside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q3:upside/values/revenue | None | 346.0 |
| /operating_model/outputs/2026Q4:base/case | None | base |
| /operating_model/outputs/2026Q4:base/frequency | None | quarter |
| /operating_model/outputs/2026Q4:base/metrics/acquisition_cash | None | base_2026q4_acquisition_cash |
| /operating_model/outputs/2026Q4:base/metrics/adjusted_ebitda | None | base_2026q4_adjusted_ebitda |
| /operating_model/outputs/2026Q4:base/metrics/awm_revenue | None | base_2026q4_awm_revenue |
| /operating_model/outputs/2026Q4:base/metrics/capex | None | base_2026q4_capex |
| /operating_model/outputs/2026Q4:base/metrics/cash_after_claims | None | base_2026q4_cash_after_claims |
| /operating_model/outputs/2026Q4:base/metrics/cfo | None | base_2026q4_cfo |
| /operating_model/outputs/2026Q4:base/metrics/core_revenue | None | base_2026q4_core_revenue |
| /operating_model/outputs/2026Q4:base/metrics/fcf | None | base_2026q4_fcf |
| /operating_model/outputs/2026Q4:base/metrics/gross_profit | None | base_2026q4_gross_profit |
| /operating_model/outputs/2026Q4:base/metrics/operating_income | None | base_2026q4_operating_income |
| /operating_model/outputs/2026Q4:base/metrics/preferred_cash | None | base_2026q4_preferred_cash |
| /operating_model/outputs/2026Q4:base/metrics/revenue | None | base_2026q4_revenue |
| /operating_model/outputs/2026Q4:base/period | None | 2026Q4 |
| /operating_model/outputs/2026Q4:base/period_end | None | 2026-12-31 |
| /operating_model/outputs/2026Q4:base/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2026Q4:base/values/adjusted_ebitda | None | 88.173 |
| /operating_model/outputs/2026Q4:base/values/awm_revenue | None | 18.0 |
| /operating_model/outputs/2026Q4:base/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q4:base/values/cash_after_claims | None | -38.928969178082184 |
| /operating_model/outputs/2026Q4:base/values/cfo | None | -14.960219178082184 |
| /operating_model/outputs/2026Q4:base/values/core_revenue | None | 564.523 |
| /operating_model/outputs/2026Q4:base/values/fcf | None | -22.960219178082184 |
| /operating_model/outputs/2026Q4:base/values/gross_profit | None | 139.49300000000005 |
| /operating_model/outputs/2026Q4:base/values/operating_income | None | 55.923 |
| /operating_model/outputs/2026Q4:base/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q4:base/values/revenue | None | 582.523 |
| /operating_model/outputs/2026Q4:downside/case | None | downside |
| /operating_model/outputs/2026Q4:downside/frequency | None | quarter |
| /operating_model/outputs/2026Q4:downside/metrics/acquisition_cash | None | downside_2026q4_acquisition_cash |
| /operating_model/outputs/2026Q4:downside/metrics/adjusted_ebitda | None | downside_2026q4_adjusted_ebitda |
| /operating_model/outputs/2026Q4:downside/metrics/awm_revenue | None | downside_2026q4_awm_revenue |
| /operating_model/outputs/2026Q4:downside/metrics/capex | None | downside_2026q4_capex |
| /operating_model/outputs/2026Q4:downside/metrics/cash_after_claims | None | downside_2026q4_cash_after_claims |
| /operating_model/outputs/2026Q4:downside/metrics/cfo | None | downside_2026q4_cfo |
| /operating_model/outputs/2026Q4:downside/metrics/core_revenue | None | downside_2026q4_core_revenue |
| /operating_model/outputs/2026Q4:downside/metrics/fcf | None | downside_2026q4_fcf |
| /operating_model/outputs/2026Q4:downside/metrics/gross_profit | None | downside_2026q4_gross_profit |
| /operating_model/outputs/2026Q4:downside/metrics/operating_income | None | downside_2026q4_operating_income |
| /operating_model/outputs/2026Q4:downside/metrics/preferred_cash | None | downside_2026q4_preferred_cash |
| /operating_model/outputs/2026Q4:downside/metrics/revenue | None | downside_2026q4_revenue |
| /operating_model/outputs/2026Q4:downside/period | None | 2026Q4 |
| /operating_model/outputs/2026Q4:downside/period_end | None | 2026-12-31 |
| /operating_model/outputs/2026Q4:downside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2026Q4:downside/values/adjusted_ebitda | None | 49.113 |
| /operating_model/outputs/2026Q4:downside/values/awm_revenue | None | 14.0 |
| /operating_model/outputs/2026Q4:downside/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q4:downside/values/cash_after_claims | None | -103.98896917808219 |
| /operating_model/outputs/2026Q4:downside/values/cfo | None | -84.02021917808219 |
| /operating_model/outputs/2026Q4:downside/values/core_revenue | None | 454.523 |
| /operating_model/outputs/2026Q4:downside/values/fcf | None | -92.02021917808219 |
| /operating_model/outputs/2026Q4:downside/values/gross_profit | None | 86.06300000000002 |
| /operating_model/outputs/2026Q4:downside/values/operating_income | None | 16.863 |
| /operating_model/outputs/2026Q4:downside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q4:downside/values/revenue | None | 468.523 |
| /operating_model/outputs/2026Q4:upside/case | None | upside |
| /operating_model/outputs/2026Q4:upside/frequency | None | quarter |
| /operating_model/outputs/2026Q4:upside/metrics/acquisition_cash | None | upside_2026q4_acquisition_cash |
| /operating_model/outputs/2026Q4:upside/metrics/adjusted_ebitda | None | upside_2026q4_adjusted_ebitda |
| /operating_model/outputs/2026Q4:upside/metrics/awm_revenue | None | upside_2026q4_awm_revenue |
| /operating_model/outputs/2026Q4:upside/metrics/capex | None | upside_2026q4_capex |
| /operating_model/outputs/2026Q4:upside/metrics/cash_after_claims | None | upside_2026q4_cash_after_claims |
| /operating_model/outputs/2026Q4:upside/metrics/cfo | None | upside_2026q4_cfo |
| /operating_model/outputs/2026Q4:upside/metrics/core_revenue | None | upside_2026q4_core_revenue |
| /operating_model/outputs/2026Q4:upside/metrics/fcf | None | upside_2026q4_fcf |
| /operating_model/outputs/2026Q4:upside/metrics/gross_profit | None | upside_2026q4_gross_profit |
| /operating_model/outputs/2026Q4:upside/metrics/operating_income | None | upside_2026q4_operating_income |
| /operating_model/outputs/2026Q4:upside/metrics/preferred_cash | None | upside_2026q4_preferred_cash |
| /operating_model/outputs/2026Q4:upside/metrics/revenue | None | upside_2026q4_revenue |
| /operating_model/outputs/2026Q4:upside/period | None | 2026Q4 |
| /operating_model/outputs/2026Q4:upside/period_end | None | 2026-12-31 |
| /operating_model/outputs/2026Q4:upside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2026Q4:upside/values/adjusted_ebitda | None | 111.91300000000001 |
| /operating_model/outputs/2026Q4:upside/values/awm_revenue | None | 21.0 |
| /operating_model/outputs/2026Q4:upside/values/capex | None | 8.0 |
| /operating_model/outputs/2026Q4:upside/values/cash_after_claims | None | 0.811030821917825 |
| /operating_model/outputs/2026Q4:upside/values/cfo | None | 28.779780821917825 |
| /operating_model/outputs/2026Q4:upside/values/core_revenue | None | 644.523 |
| /operating_model/outputs/2026Q4:upside/values/fcf | None | 20.779780821917825 |
| /operating_model/outputs/2026Q4:upside/values/gross_profit | None | 175.15299999999993 |
| /operating_model/outputs/2026Q4:upside/values/operating_income | None | 79.66300000000001 |
| /operating_model/outputs/2026Q4:upside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2026Q4:upside/values/revenue | None | 665.523 |
| /operating_model/outputs/2027Q1:base/case | None | base |
| /operating_model/outputs/2027Q1:base/frequency | None | quarter |
| /operating_model/outputs/2027Q1:base/metrics/acquisition_cash | None | base_2027q1_acquisition_cash |
| /operating_model/outputs/2027Q1:base/metrics/adjusted_ebitda | None | base_2027q1_adjusted_ebitda |
| /operating_model/outputs/2027Q1:base/metrics/awm_revenue | None | base_2027q1_awm_revenue |
| /operating_model/outputs/2027Q1:base/metrics/capex | None | base_2027q1_capex |
| /operating_model/outputs/2027Q1:base/metrics/cash_after_claims | None | base_2027q1_cash_after_claims |
| /operating_model/outputs/2027Q1:base/metrics/cfo | None | base_2027q1_cfo |
| /operating_model/outputs/2027Q1:base/metrics/core_revenue | None | base_2027q1_core_revenue |
| /operating_model/outputs/2027Q1:base/metrics/fcf | None | base_2027q1_fcf |
| /operating_model/outputs/2027Q1:base/metrics/gross_profit | None | base_2027q1_gross_profit |
| /operating_model/outputs/2027Q1:base/metrics/operating_income | None | base_2027q1_operating_income |
| /operating_model/outputs/2027Q1:base/metrics/preferred_cash | None | base_2027q1_preferred_cash |
| /operating_model/outputs/2027Q1:base/metrics/revenue | None | base_2027q1_revenue |
| /operating_model/outputs/2027Q1:base/period | None | 2027Q1 |
| /operating_model/outputs/2027Q1:base/period_end | None | 2027-03-31 |
| /operating_model/outputs/2027Q1:base/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q1:base/values/adjusted_ebitda | None | 60.8564 |
| /operating_model/outputs/2027Q1:base/values/awm_revenue | None | 17.0 |
| /operating_model/outputs/2027Q1:base/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q1:base/values/cash_after_claims | None | 89.72827500000001 |
| /operating_model/outputs/2027Q1:base/values/cfo | None | 110.69702500000001 |
| /operating_model/outputs/2027Q1:base/values/core_revenue | None | 341.04 |
| /operating_model/outputs/2027Q1:base/values/fcf | None | 101.69702500000001 |
| /operating_model/outputs/2027Q1:base/values/gross_profit | None | 95.92600000000002 |
| /operating_model/outputs/2027Q1:base/values/operating_income | None | 29.306400000000004 |
| /operating_model/outputs/2027Q1:base/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q1:base/values/revenue | None | 358.04 |
| /operating_model/outputs/2027Q1:downside/case | None | downside |
| /operating_model/outputs/2027Q1:downside/frequency | None | quarter |
| /operating_model/outputs/2027Q1:downside/metrics/acquisition_cash | None | downside_2027q1_acquisition_cash |
| /operating_model/outputs/2027Q1:downside/metrics/adjusted_ebitda | None | downside_2027q1_adjusted_ebitda |
| /operating_model/outputs/2027Q1:downside/metrics/awm_revenue | None | downside_2027q1_awm_revenue |
| /operating_model/outputs/2027Q1:downside/metrics/capex | None | downside_2027q1_capex |
| /operating_model/outputs/2027Q1:downside/metrics/cash_after_claims | None | downside_2027q1_cash_after_claims |
| /operating_model/outputs/2027Q1:downside/metrics/cfo | None | downside_2027q1_cfo |
| /operating_model/outputs/2027Q1:downside/metrics/core_revenue | None | downside_2027q1_core_revenue |
| /operating_model/outputs/2027Q1:downside/metrics/fcf | None | downside_2027q1_fcf |
| /operating_model/outputs/2027Q1:downside/metrics/gross_profit | None | downside_2027q1_gross_profit |
| /operating_model/outputs/2027Q1:downside/metrics/operating_income | None | downside_2027q1_operating_income |
| /operating_model/outputs/2027Q1:downside/metrics/preferred_cash | None | downside_2027q1_preferred_cash |
| /operating_model/outputs/2027Q1:downside/metrics/revenue | None | downside_2027q1_revenue |
| /operating_model/outputs/2027Q1:downside/period | None | 2027Q1 |
| /operating_model/outputs/2027Q1:downside/period_end | None | 2027-03-31 |
| /operating_model/outputs/2027Q1:downside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q1:downside/values/adjusted_ebitda | None | 40.236000000000004 |
| /operating_model/outputs/2027Q1:downside/values/awm_revenue | None | 14.0 |
| /operating_model/outputs/2027Q1:downside/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q1:downside/values/cash_after_claims | None | 68.107875 |
| /operating_model/outputs/2027Q1:downside/values/cfo | None | 85.076625 |
| /operating_model/outputs/2027Q1:downside/values/core_revenue | None | 277.2 |
| /operating_model/outputs/2027Q1:downside/values/fcf | None | 76.076625 |
| /operating_model/outputs/2027Q1:downside/values/gross_profit | None | 70.56599999999999 |
| /operating_model/outputs/2027Q1:downside/values/operating_income | None | 8.686000000000007 |
| /operating_model/outputs/2027Q1:downside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q1:downside/values/revenue | None | 291.2 |
| /operating_model/outputs/2027Q1:upside/case | None | upside |
| /operating_model/outputs/2027Q1:upside/frequency | None | quarter |
| /operating_model/outputs/2027Q1:upside/metrics/acquisition_cash | None | upside_2027q1_acquisition_cash |
| /operating_model/outputs/2027Q1:upside/metrics/adjusted_ebitda | None | upside_2027q1_adjusted_ebitda |
| /operating_model/outputs/2027Q1:upside/metrics/awm_revenue | None | upside_2027q1_awm_revenue |
| /operating_model/outputs/2027Q1:upside/metrics/capex | None | upside_2027q1_capex |
| /operating_model/outputs/2027Q1:upside/metrics/cash_after_claims | None | upside_2027q1_cash_after_claims |
| /operating_model/outputs/2027Q1:upside/metrics/cfo | None | upside_2027q1_cfo |
| /operating_model/outputs/2027Q1:upside/metrics/core_revenue | None | upside_2027q1_core_revenue |
| /operating_model/outputs/2027Q1:upside/metrics/fcf | None | upside_2027q1_fcf |
| /operating_model/outputs/2027Q1:upside/metrics/gross_profit | None | upside_2027q1_gross_profit |
| /operating_model/outputs/2027Q1:upside/metrics/operating_income | None | upside_2027q1_operating_income |
| /operating_model/outputs/2027Q1:upside/metrics/preferred_cash | None | upside_2027q1_preferred_cash |
| /operating_model/outputs/2027Q1:upside/metrics/revenue | None | upside_2027q1_revenue |
| /operating_model/outputs/2027Q1:upside/period | None | 2027Q1 |
| /operating_model/outputs/2027Q1:upside/period_end | None | 2027-03-31 |
| /operating_model/outputs/2027Q1:upside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q1:upside/values/adjusted_ebitda | None | 78.708 |
| /operating_model/outputs/2027Q1:upside/values/awm_revenue | None | 21.0 |
| /operating_model/outputs/2027Q1:upside/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q1:upside/values/cash_after_claims | None | 93.579875 |
| /operating_model/outputs/2027Q1:upside/values/cfo | None | 118.548625 |
| /operating_model/outputs/2027Q1:upside/values/core_revenue | None | 390.59999999999997 |
| /operating_model/outputs/2027Q1:upside/values/fcf | None | 109.548625 |
| /operating_model/outputs/2027Q1:upside/values/gross_profit | None | 115.54099999999998 |
| /operating_model/outputs/2027Q1:upside/values/operating_income | None | 47.158 |
| /operating_model/outputs/2027Q1:upside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q1:upside/values/revenue | None | 411.59999999999997 |
| /operating_model/outputs/2027Q2:base/case | None | base |
| /operating_model/outputs/2027Q2:base/frequency | None | quarter |
| /operating_model/outputs/2027Q2:base/metrics/acquisition_cash | None | base_2027q2_acquisition_cash |
| /operating_model/outputs/2027Q2:base/metrics/adjusted_ebitda | None | base_2027q2_adjusted_ebitda |
| /operating_model/outputs/2027Q2:base/metrics/awm_revenue | None | base_2027q2_awm_revenue |
| /operating_model/outputs/2027Q2:base/metrics/capex | None | base_2027q2_capex |
| /operating_model/outputs/2027Q2:base/metrics/cash_after_claims | None | base_2027q2_cash_after_claims |
| /operating_model/outputs/2027Q2:base/metrics/cfo | None | base_2027q2_cfo |
| /operating_model/outputs/2027Q2:base/metrics/core_revenue | None | base_2027q2_core_revenue |
| /operating_model/outputs/2027Q2:base/metrics/fcf | None | base_2027q2_fcf |
| /operating_model/outputs/2027Q2:base/metrics/gross_profit | None | base_2027q2_gross_profit |
| /operating_model/outputs/2027Q2:base/metrics/operating_income | None | base_2027q2_operating_income |
| /operating_model/outputs/2027Q2:base/metrics/preferred_cash | None | base_2027q2_preferred_cash |
| /operating_model/outputs/2027Q2:base/metrics/revenue | None | base_2027q2_revenue |
| /operating_model/outputs/2027Q2:base/period | None | 2027Q2 |
| /operating_model/outputs/2027Q2:base/period_end | None | 2027-06-30 |
| /operating_model/outputs/2027Q2:base/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q2:base/values/adjusted_ebitda | None | 71.62 |
| /operating_model/outputs/2027Q2:base/values/awm_revenue | None | 18.0 |
| /operating_model/outputs/2027Q2:base/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q2:base/values/cash_after_claims | None | 40.82625000000001 |
| /operating_model/outputs/2027Q2:base/values/cfo | None | 57.79500000000001 |
| /operating_model/outputs/2027Q2:base/values/core_revenue | None | 406.00000000000006 |
| /operating_model/outputs/2027Q2:base/values/fcf | None | 48.79500000000001 |
| /operating_model/outputs/2027Q2:base/values/gross_profit | None | 114.31000000000002 |
| /operating_model/outputs/2027Q2:base/values/operating_income | None | 39.77 |
| /operating_model/outputs/2027Q2:base/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q2:base/values/revenue | None | 424.00000000000006 |
| /operating_model/outputs/2027Q2:downside/case | None | downside |
| /operating_model/outputs/2027Q2:downside/frequency | None | quarter |
| /operating_model/outputs/2027Q2:downside/metrics/acquisition_cash | None | downside_2027q2_acquisition_cash |
| /operating_model/outputs/2027Q2:downside/metrics/adjusted_ebitda | None | downside_2027q2_adjusted_ebitda |
| /operating_model/outputs/2027Q2:downside/metrics/awm_revenue | None | downside_2027q2_awm_revenue |
| /operating_model/outputs/2027Q2:downside/metrics/capex | None | downside_2027q2_capex |
| /operating_model/outputs/2027Q2:downside/metrics/cash_after_claims | None | downside_2027q2_cash_after_claims |
| /operating_model/outputs/2027Q2:downside/metrics/cfo | None | downside_2027q2_cfo |
| /operating_model/outputs/2027Q2:downside/metrics/core_revenue | None | downside_2027q2_core_revenue |
| /operating_model/outputs/2027Q2:downside/metrics/fcf | None | downside_2027q2_fcf |
| /operating_model/outputs/2027Q2:downside/metrics/gross_profit | None | downside_2027q2_gross_profit |
| /operating_model/outputs/2027Q2:downside/metrics/operating_income | None | downside_2027q2_operating_income |
| /operating_model/outputs/2027Q2:downside/metrics/preferred_cash | None | downside_2027q2_preferred_cash |
| /operating_model/outputs/2027Q2:downside/metrics/revenue | None | downside_2027q2_revenue |
| /operating_model/outputs/2027Q2:downside/period | None | 2027Q2 |
| /operating_model/outputs/2027Q2:downside/period_end | None | 2027-06-30 |
| /operating_model/outputs/2027Q2:downside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q2:downside/values/adjusted_ebitda | None | 47.4 |
| /operating_model/outputs/2027Q2:downside/values/awm_revenue | None | 15.0 |
| /operating_model/outputs/2027Q2:downside/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q2:downside/values/cash_after_claims | None | 6.606249999999996 |
| /operating_model/outputs/2027Q2:downside/values/cfo | None | 23.574999999999996 |
| /operating_model/outputs/2027Q2:downside/values/core_revenue | None | 330.0 |
| /operating_model/outputs/2027Q2:downside/values/fcf | None | 14.574999999999996 |
| /operating_model/outputs/2027Q2:downside/values/gross_profit | None | 84.5 |
| /operating_model/outputs/2027Q2:downside/values/operating_income | None | 15.549999999999997 |
| /operating_model/outputs/2027Q2:downside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q2:downside/values/revenue | None | 345.0 |
| /operating_model/outputs/2027Q2:upside/case | None | upside |
| /operating_model/outputs/2027Q2:upside/frequency | None | quarter |
| /operating_model/outputs/2027Q2:upside/metrics/acquisition_cash | None | upside_2027q2_acquisition_cash |
| /operating_model/outputs/2027Q2:upside/metrics/adjusted_ebitda | None | upside_2027q2_adjusted_ebitda |
| /operating_model/outputs/2027Q2:upside/metrics/awm_revenue | None | upside_2027q2_awm_revenue |
| /operating_model/outputs/2027Q2:upside/metrics/capex | None | upside_2027q2_capex |
| /operating_model/outputs/2027Q2:upside/metrics/cash_after_claims | None | upside_2027q2_cash_after_claims |
| /operating_model/outputs/2027Q2:upside/metrics/cfo | None | upside_2027q2_cfo |
| /operating_model/outputs/2027Q2:upside/metrics/core_revenue | None | upside_2027q2_core_revenue |
| /operating_model/outputs/2027Q2:upside/metrics/fcf | None | upside_2027q2_fcf |
| /operating_model/outputs/2027Q2:upside/metrics/gross_profit | None | upside_2027q2_gross_profit |
| /operating_model/outputs/2027Q2:upside/metrics/operating_income | None | upside_2027q2_operating_income |
| /operating_model/outputs/2027Q2:upside/metrics/preferred_cash | None | upside_2027q2_preferred_cash |
| /operating_model/outputs/2027Q2:upside/metrics/revenue | None | upside_2027q2_revenue |
| /operating_model/outputs/2027Q2:upside/period | None | 2027Q2 |
| /operating_model/outputs/2027Q2:upside/period_end | None | 2027-06-30 |
| /operating_model/outputs/2027Q2:upside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/2027Q2:upside/values/adjusted_ebitda | None | 92.9 |
| /operating_model/outputs/2027Q2:upside/values/awm_revenue | None | 23.0 |
| /operating_model/outputs/2027Q2:upside/values/capex | None | 9.0 |
| /operating_model/outputs/2027Q2:upside/values/cash_after_claims | None | 67.10625 |
| /operating_model/outputs/2027Q2:upside/values/cfo | None | 84.075 |
| /operating_model/outputs/2027Q2:upside/values/core_revenue | None | 465.0 |
| /operating_model/outputs/2027Q2:upside/values/fcf | None | 75.075 |
| /operating_model/outputs/2027Q2:upside/values/gross_profit | None | 137.785 |
| /operating_model/outputs/2027Q2:upside/values/operating_income | None | 61.050000000000004 |
| /operating_model/outputs/2027Q2:upside/values/preferred_cash | None | 7.96875 |
| /operating_model/outputs/2027Q2:upside/values/revenue | None | 488.0 |
| /operating_model/outputs/FY2026:base/case | None | base |
| /operating_model/outputs/FY2026:base/frequency | None | year |
| /operating_model/outputs/FY2026:base/metrics/acquisition_cash | None | base_fy2026_acquisition_cash |
| /operating_model/outputs/FY2026:base/metrics/adjusted_ebitda | None | base_fy2026_adjusted_ebitda |
| /operating_model/outputs/FY2026:base/metrics/awm_revenue | None | base_fy2026_awm_revenue |
| /operating_model/outputs/FY2026:base/metrics/capex | None | base_fy2026_capex |
| /operating_model/outputs/FY2026:base/metrics/cash_after_claims | None | base_fy2026_cash_after_claims |
| /operating_model/outputs/FY2026:base/metrics/cfo | None | base_fy2026_cfo |
| /operating_model/outputs/FY2026:base/metrics/core_revenue | None | base_fy2026_core_revenue |
| /operating_model/outputs/FY2026:base/metrics/fcf | None | base_fy2026_fcf |
| /operating_model/outputs/FY2026:base/metrics/gross_profit | None | base_fy2026_gross_profit |
| /operating_model/outputs/FY2026:base/metrics/operating_income | None | base_fy2026_operating_income |
| /operating_model/outputs/FY2026:base/metrics/preferred_cash | None | base_fy2026_preferred_cash |
| /operating_model/outputs/FY2026:base/metrics/revenue | None | base_fy2026_revenue |
| /operating_model/outputs/FY2026:base/period | None | FY2026 |
| /operating_model/outputs/FY2026:base/period_end | None | 2026-12-31 |
| /operating_model/outputs/FY2026:base/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/FY2026:base/values/adjusted_ebitda | None | 228.51 |
| /operating_model/outputs/FY2026:base/values/awm_revenue | None | 23.0 |
| /operating_model/outputs/FY2026:base/values/capex | None | 31.144 |
| /operating_model/outputs/FY2026:base/values/cash_after_claims | None | -151.1670941780822 |
| /operating_model/outputs/FY2026:base/values/cfo | None | 71.48840582191781 |
| /operating_model/outputs/FY2026:base/values/core_revenue | None | 1450.0 |
| /operating_model/outputs/FY2026:base/values/fcf | None | 40.34440582191781 |
| /operating_model/outputs/FY2026:base/values/gross_profit | None | 386.701 |
| /operating_model/outputs/FY2026:base/values/operating_income | None | 115.63033333333334 |
| /operating_model/outputs/FY2026:base/values/preferred_cash | None | 15.9375 |
| /operating_model/outputs/FY2026:base/values/revenue | None | 1473.0 |
| /operating_model/outputs/FY2026:downside/case | None | downside |
| /operating_model/outputs/FY2026:downside/frequency | None | year |
| /operating_model/outputs/FY2026:downside/metrics/acquisition_cash | None | downside_fy2026_acquisition_cash |
| /operating_model/outputs/FY2026:downside/metrics/adjusted_ebitda | None | downside_fy2026_adjusted_ebitda |
| /operating_model/outputs/FY2026:downside/metrics/awm_revenue | None | downside_fy2026_awm_revenue |
| /operating_model/outputs/FY2026:downside/metrics/capex | None | downside_fy2026_capex |
| /operating_model/outputs/FY2026:downside/metrics/cash_after_claims | None | downside_fy2026_cash_after_claims |
| /operating_model/outputs/FY2026:downside/metrics/cfo | None | downside_fy2026_cfo |
| /operating_model/outputs/FY2026:downside/metrics/core_revenue | None | downside_fy2026_core_revenue |
| /operating_model/outputs/FY2026:downside/metrics/fcf | None | downside_fy2026_fcf |
| /operating_model/outputs/FY2026:downside/metrics/gross_profit | None | downside_fy2026_gross_profit |
| /operating_model/outputs/FY2026:downside/metrics/operating_income | None | downside_fy2026_operating_income |
| /operating_model/outputs/FY2026:downside/metrics/preferred_cash | None | downside_fy2026_preferred_cash |
| /operating_model/outputs/FY2026:downside/metrics/revenue | None | downside_fy2026_revenue |
| /operating_model/outputs/FY2026:downside/period | None | FY2026 |
| /operating_model/outputs/FY2026:downside/period_end | None | 2026-12-31 |
| /operating_model/outputs/FY2026:downside/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/FY2026:downside/values/adjusted_ebitda | None | 175.4 |
| /operating_model/outputs/FY2026:downside/values/awm_revenue | None | 18.0 |
| /operating_model/outputs/FY2026:downside/values/capex | None | 31.144 |
| /operating_model/outputs/FY2026:downside/values/cash_after_claims | None | -245.27709417808217 |
| /operating_model/outputs/FY2026:downside/values/cfo | None | -26.621594178082177 |
| /operating_model/outputs/FY2026:downside/values/core_revenue | None | 1320.0 |
| /operating_model/outputs/FY2026:downside/values/fcf | None | -57.76559417808218 |
| /operating_model/outputs/FY2026:downside/values/gross_profit | None | 321.05100000000004 |
| /operating_model/outputs/FY2026:downside/values/operating_income | None | 62.52033333333334 |
| /operating_model/outputs/FY2026:downside/values/preferred_cash | None | 15.9375 |
| /operating_model/outputs/FY2026:downside/values/revenue | None | 1338.0 |
| /operating_model/outputs/FY2026:upside/case | None | upside |
| /operating_model/outputs/FY2026:upside/frequency | None | year |
| /operating_model/outputs/FY2026:upside/metrics/acquisition_cash | None | upside_fy2026_acquisition_cash |
| /operating_model/outputs/FY2026:upside/metrics/adjusted_ebitda | None | upside_fy2026_adjusted_ebitda |
| /operating_model/outputs/FY2026:upside/metrics/awm_revenue | None | upside_fy2026_awm_revenue |
| /operating_model/outputs/FY2026:upside/metrics/capex | None | upside_fy2026_capex |
| /operating_model/outputs/FY2026:upside/metrics/cash_after_claims | None | upside_fy2026_cash_after_claims |
| /operating_model/outputs/FY2026:upside/metrics/cfo | None | upside_fy2026_cfo |
| /operating_model/outputs/FY2026:upside/metrics/core_revenue | None | upside_fy2026_core_revenue |
| /operating_model/outputs/FY2026:upside/metrics/fcf | None | upside_fy2026_fcf |
| /operating_model/outputs/FY2026:upside/metrics/gross_profit | None | upside_fy2026_gross_profit |
| /operating_model/outputs/FY2026:upside/metrics/operating_income | None | upside_fy2026_operating_income |
| /operating_model/outputs/FY2026:upside/metrics/preferred_cash | None | upside_fy2026_preferred_cash |
| /operating_model/outputs/FY2026:upside/metrics/revenue | None | upside_fy2026_revenue |
| /operating_model/outputs/FY2026:upside/period | None | FY2026 |
| /operating_model/outputs/FY2026:upside/period_end | None | 2026-12-31 |
| /operating_model/outputs/FY2026:upside/values/acquisition_cash | None | 165.0 |
| /operating_model/outputs/FY2026:upside/values/adjusted_ebitda | None | 260.8 |
| /operating_model/outputs/FY2026:upside/values/awm_revenue | None | 27.0 |
| /operating_model/outputs/FY2026:upside/values/capex | None | 31.144 |
| /operating_model/outputs/FY2026:upside/values/cash_after_claims | None | -92.87709417808217 |
| /operating_model/outputs/FY2026:upside/values/cfo | None | 133.77840582191783 |
| /operating_model/outputs/FY2026:upside/values/core_revenue | None | 1550.0 |
| /operating_model/outputs/FY2026:upside/values/fcf | None | 102.63440582191782 |
| /operating_model/outputs/FY2026:upside/values/gross_profit | None | 431.78099999999995 |
| /operating_model/outputs/FY2026:upside/values/operating_income | None | 147.92033333333336 |
| /operating_model/outputs/FY2026:upside/values/preferred_cash | None | 15.9375 |
| /operating_model/outputs/FY2026:upside/values/revenue | None | 1577.0 |
| /operating_model/outputs/FY2027:base/case | None | base |
| /operating_model/outputs/FY2027:base/frequency | None | year |
| /operating_model/outputs/FY2027:base/metrics/acquisition_cash | None | base_fy2027_acquisition_cash |
| /operating_model/outputs/FY2027:base/metrics/adjusted_ebitda | None | base_fy2027_adjusted_ebitda |
| /operating_model/outputs/FY2027:base/metrics/awm_revenue | None | base_fy2027_awm_revenue |
| /operating_model/outputs/FY2027:base/metrics/capex | None | base_fy2027_capex |
| /operating_model/outputs/FY2027:base/metrics/cash_after_claims | None | base_fy2027_cash_after_claims |
| /operating_model/outputs/FY2027:base/metrics/cfo | None | base_fy2027_cfo |
| /operating_model/outputs/FY2027:base/metrics/core_revenue | None | base_fy2027_core_revenue |
| /operating_model/outputs/FY2027:base/metrics/fcf | None | base_fy2027_fcf |
| /operating_model/outputs/FY2027:base/metrics/gross_profit | None | base_fy2027_gross_profit |
| /operating_model/outputs/FY2027:base/metrics/operating_income | None | base_fy2027_operating_income |
| /operating_model/outputs/FY2027:base/metrics/preferred_cash | None | base_fy2027_preferred_cash |
| /operating_model/outputs/FY2027:base/metrics/revenue | None | base_fy2027_revenue |
| /operating_model/outputs/FY2027:base/period | None | FY2027 |
| /operating_model/outputs/FY2027:base/period_end | None | 2027-12-31 |
| /operating_model/outputs/FY2027:base/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/FY2027:base/values/adjusted_ebitda | None | 288.33000000000004 |
| /operating_model/outputs/FY2027:base/values/awm_revenue | None | 77.0 |
| /operating_model/outputs/FY2027:base/values/capex | None | 36.0 |
| /operating_model/outputs/FY2027:base/values/cash_after_claims | None | 198.29359417808223 |
| /operating_model/outputs/FY2027:base/values/cfo | None | 279.1694691780823 |
| /operating_model/outputs/FY2027:base/values/core_revenue | None | 1624.0000000000002 |
| /operating_model/outputs/FY2027:base/values/fcf | None | 243.16946917808227 |
| /operating_model/outputs/FY2027:base/values/gross_profit | None | 459.8400000000001 |
| /operating_model/outputs/FY2027:base/values/operating_income | None | 167.83000000000004 |
| /operating_model/outputs/FY2027:base/values/preferred_cash | None | 32.875875 |
| /operating_model/outputs/FY2027:base/values/revenue | None | 1701.0000000000002 |
| /operating_model/outputs/FY2027:downside/case | None | downside |
| /operating_model/outputs/FY2027:downside/frequency | None | year |
| /operating_model/outputs/FY2027:downside/metrics/acquisition_cash | None | downside_fy2027_acquisition_cash |
| /operating_model/outputs/FY2027:downside/metrics/adjusted_ebitda | None | downside_fy2027_adjusted_ebitda |
| /operating_model/outputs/FY2027:downside/metrics/awm_revenue | None | downside_fy2027_awm_revenue |
| /operating_model/outputs/FY2027:downside/metrics/capex | None | downside_fy2027_capex |
| /operating_model/outputs/FY2027:downside/metrics/cash_after_claims | None | downside_fy2027_cash_after_claims |
| /operating_model/outputs/FY2027:downside/metrics/cfo | None | downside_fy2027_cfo |
| /operating_model/outputs/FY2027:downside/metrics/core_revenue | None | downside_fy2027_core_revenue |
| /operating_model/outputs/FY2027:downside/metrics/fcf | None | downside_fy2027_fcf |
| /operating_model/outputs/FY2027:downside/metrics/gross_profit | None | downside_fy2027_gross_profit |
| /operating_model/outputs/FY2027:downside/metrics/operating_income | None | downside_fy2027_operating_income |
| /operating_model/outputs/FY2027:downside/metrics/preferred_cash | None | downside_fy2027_preferred_cash |
| /operating_model/outputs/FY2027:downside/metrics/revenue | None | downside_fy2027_revenue |
| /operating_model/outputs/FY2027:downside/period | None | FY2027 |
| /operating_model/outputs/FY2027:downside/period_end | None | 2027-12-31 |
| /operating_model/outputs/FY2027:downside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/FY2027:downside/values/adjusted_ebitda | None | 190.20000000000002 |
| /operating_model/outputs/FY2027:downside/values/awm_revenue | None | 62.0 |
| /operating_model/outputs/FY2027:downside/values/capex | None | 36.0 |
| /operating_model/outputs/FY2027:downside/values/cash_after_claims | None | 73.1635941780822 |
| /operating_model/outputs/FY2027:downside/values/cfo | None | 146.03946917808221 |
| /operating_model/outputs/FY2027:downside/values/core_revenue | None | 1320.0 |
| /operating_model/outputs/FY2027:downside/values/fcf | None | 110.03946917808221 |
| /operating_model/outputs/FY2027:downside/values/gross_profit | None | 338.93999999999994 |
| /operating_model/outputs/FY2027:downside/values/operating_income | None | 69.70000000000002 |
| /operating_model/outputs/FY2027:downside/values/preferred_cash | None | 32.875875 |
| /operating_model/outputs/FY2027:downside/values/revenue | None | 1382.0 |
| /operating_model/outputs/FY2027:upside/case | None | upside |
| /operating_model/outputs/FY2027:upside/frequency | None | year |
| /operating_model/outputs/FY2027:upside/metrics/acquisition_cash | None | upside_fy2027_acquisition_cash |
| /operating_model/outputs/FY2027:upside/metrics/adjusted_ebitda | None | upside_fy2027_adjusted_ebitda |
| /operating_model/outputs/FY2027:upside/metrics/awm_revenue | None | upside_fy2027_awm_revenue |
| /operating_model/outputs/FY2027:upside/metrics/capex | None | upside_fy2027_capex |
| /operating_model/outputs/FY2027:upside/metrics/cash_after_claims | None | upside_fy2027_cash_after_claims |
| /operating_model/outputs/FY2027:upside/metrics/cfo | None | upside_fy2027_cfo |
| /operating_model/outputs/FY2027:upside/metrics/core_revenue | None | upside_fy2027_core_revenue |
| /operating_model/outputs/FY2027:upside/metrics/fcf | None | upside_fy2027_fcf |
| /operating_model/outputs/FY2027:upside/metrics/gross_profit | None | upside_fy2027_gross_profit |
| /operating_model/outputs/FY2027:upside/metrics/operating_income | None | upside_fy2027_operating_income |
| /operating_model/outputs/FY2027:upside/metrics/preferred_cash | None | upside_fy2027_preferred_cash |
| /operating_model/outputs/FY2027:upside/metrics/revenue | None | upside_fy2027_revenue |
| /operating_model/outputs/FY2027:upside/period | None | FY2027 |
| /operating_model/outputs/FY2027:upside/period_end | None | 2027-12-31 |
| /operating_model/outputs/FY2027:upside/values/acquisition_cash | None | 0.0 |
| /operating_model/outputs/FY2027:upside/values/adjusted_ebitda | None | 373.59999999999997 |
| /operating_model/outputs/FY2027:upside/values/awm_revenue | None | 97.0 |
| /operating_model/outputs/FY2027:upside/values/capex | None | 36.0 |
| /operating_model/outputs/FY2027:upside/values/cash_after_claims | None | 280.5635941780822 |
| /operating_model/outputs/FY2027:upside/values/cfo | None | 369.4394691780822 |
| /operating_model/outputs/FY2027:upside/values/core_revenue | None | 1860.0 |
| /operating_model/outputs/FY2027:upside/values/fcf | None | 333.43946917808216 |
| /operating_model/outputs/FY2027:upside/values/gross_profit | None | 553.74 |
| /operating_model/outputs/FY2027:upside/values/operating_income | None | 253.1 |
| /operating_model/outputs/FY2027:upside/values/preferred_cash | None | 32.875875 |
| /operating_model/outputs/FY2027:upside/values/revenue | None | 1957.0 |
| /operating_model/reviewed_at | None | 2026-09-19 |
| /operating_model/schema_version | None | operating_model.v1 |
| /operating_model/title | None | Tracker delivery, acquired wire management and senior cash claims |
| /research/change_note | None | First completed pre/post-acquisition model with explicit preferred cash transition, compensation-linked seller payments and rebate collection timing. |
| /research/checkpoints/0/date_status | None | estimated |
| /research/checkpoints/0/event | None | Q3 consolidated perimeter |
| /research/checkpoints/0/timing | None | Quarter ending September 30 |
| /research/checkpoints/0/watch | None | Check pre-AWM revenue separately from one month of acquired operations. |
| /research/checkpoints/1/date_status | None | estimated |
| /research/checkpoints/1/event | None | Q4 delivery and Q1 collections |
| /research/checkpoints/1/timing | None | Year-end 2026 into Q1 2027 |
| /research/checkpoints/1/watch | None | Compare backlog conversion, contract assets and vendor-rebate cash receipts. |
| /research/checkpoints/2/date_status | None | estimated |
| /research/checkpoints/2/event | None | Acquisition and preferred claims |
| /research/checkpoints/2/timing | None | Next quarterly filing |
| /research/checkpoints/2/watch | None | Confirm AWM purchase accounting, APA payment elections and preferred cash declarations. |
| /research/countercase | None | Record backlog can mask a concentrated delivery schedule and working-capital needs. Vendor rebates can improve margins before cash arrives. Acquisition integration, service payments and preferred dividends can absorb cash that EBITDA appears to generate, while payment in shares shifts the burden to dilution. |
| /research/economics | None | H1 sales were $565.477M, adjusted EBITDA $92.087M and GAAP operating income $41.874M. Net income $26.343M became a $5.102M common-stockholder loss after $31.445M preferred dividends/accretion. CFO $91.858M less capex $15.144M gave $76.714M. June cash was $307.302M against $670M convertible principal and a $506.4M preferred liquidation claim. Preferred dividends become cash-only after August 10 absent default accrual. The $1.4B-$1.5B annual sales and $210M-$230M adjusted EBITDA guidance explicitly exclude AWM. AWM closed August 31 for about $165M cash; service-conditioned payments up to $10M and earnouts up to $40M are separate. APA service-linked payments total $40M under employment conditions and are compensation, not purchase price. Vendor-rebate receivables of $142.7M include $91.3M long-term; they are not free cash. |
| /research/limitations/0 | None | The August earnings presentation explicitly excludes AWM from guidance. Added AWM revenue and earnings are desk assumptions; July disclosed nearly $60M trailing sales, not a future sales forecast. |
| /research/limitations/1 | None | AWM closed August 31 for approximately $165M cash subject to settlement. The earlier $153M base price and $203M headline including maximum contingent/service amounts are not three separate cash payments. |
| /research/limitations/2 | None | AWM purchase accounting is not yet available. Acquired amortization is a provisional scenario, not reported GAAP. Employment-conditioned payments are treated as compensation proxies pending filing confirmation. |
| /research/limitations/3 | None | APA service-linked payments are compensation, separate from acquisition earnouts. All-cash settlement is a conservative scenario; contracts permit common shares or a combination, which changes dilution and cash needs. |
| /research/limitations/4 | None | Preferred dividends become cash-only after August 10, 2026 absent default accrual. Forecast uses a $510M liquidation base and quarterly cash allowance; exact declaration, payment dates and redemption economics are not modeled. |
| /research/limitations/5 | None | 45X vendor rebates and own credits reduce product costs and are already inside the margin scenario. Receivables are not counted as incremental revenue or instantly collected cash. No legal eligibility forecast is made. |
| /research/limitations/6 | None | Backlog is not guaranteed revenue. Q4 delivery concentration shifts some collections into Q1 2027. No full debt, revolver, common EPS, preferred redemption or acquisition accounting model is supplied. |
| /research/question | None | Can project delivery and the expanded product portfolio finance cash obligations ahead of common equity? |
| /research/reviewed_at | None | 2026-09-19 |
| /research/risks/0 | None | Project delays, financing and interconnection can defer backlog conversion. |
| /research/risks/1 | None | Customer concentration and receivable collection create cash volatility. |
| /research/risks/2 | None | Rebate realization, tariffs and incentive changes affect product cost and demand. |
| /research/risks/3 | None | AWM acquisition accounting, integration and contingent payments remain uncertain. |
| /research/risks/4 | None | APA service payments and earnouts can use cash or dilute equity. |
| /research/risks/5 | None | Preferred dividends, redemption economics and convertible debt rank ahead of common equity. |
| /research/title | None | Backlog conversion after acquisitions and preferred cash claims |
| /sources/0/retrieved | None | 2026-09-19 |
| /sources/0/title | None | August 5 10-Q: accounts, rebates, debt, preferred and APA terms |
| /sources/0/url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053517/arry-20260630.htm |
| /sources/1/retrieved | None | 2026-09-19 |
| /sources/1/title | None | August 5 results and reconciliations |
| /sources/1/url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9912026q2pressrelea.htm |
| /sources/2/retrieved | None | 2026-09-19 |
| /sources/2/title | None | August 5 presentation: guidance excludes AWM and Q4 collection timing |
| /sources/2/url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026053342/exhibit9922026q2earnings.htm |
| /sources/3/retrieved | None | 2026-09-19 |
| /sources/3/title | None | July 16 AWM terms and trailing sales |
| /sources/3/url | None | https://www.sec.gov/Archives/edgar/data/1820721/000119312526306194/d97599dex991.htm |
| /sources/4/retrieved | None | 2026-09-19 |
| /sources/4/title | None | August 31 closing cash consideration |
| /sources/4/url | None | https://www.sec.gov/Archives/edgar/data/1820721/000162828026059584/arry-20260831.htm |
| /thesis/scenario_ranges | None | Explicit downside/base/upside business assumptions; not price targets, probabilities or historical market-memory bands. |
| /thesis/view | A broader product portfolio can improve project economics, but the underwriting must separate backlog, recognized sales and collected cash. The existing guidance excludes AWM. Strong adjusted EBITDA can coexist with a cash-heavy acquisition, service-linked seller payments and a preferred dividend transitioning to cash. | |
| /thesis/what_changes_it | Compare pre-AWM execution with guidance, then isolate new AWM sales and costs. Improve confidence when collections fund the expanded portfolio and senior claims; reduce it if Q4 concentration, receivables or purchase obligations require sustained new funding. |