XML 15 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Unaudited Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Additional Paid-In Capital
Accumulated Earnings (Deficit)
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Common Stock
Ordinary Class A
Ordinary Class B
Class A
Class C
Beginning Balance at Dec. 31, 2018 $ 196.4 $ 291.4 $ (69.9) $ (1.5) $ (23.6) $ 0.0        
Beginning Balance (Shares) at Dec. 31, 2018           995        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net loss (3.2)   (3.2)              
Other comprehensive income (loss) (3.4)       (3.4)          
Ending Balance at Mar. 31, 2019 189.8 291.4 (73.1) (1.5) (27.0) $ 0.0        
Ending Balance (Shares) at Mar. 31, 2019           995        
Beginning Balance at Dec. 31, 2018 196.4 291.4 (69.9) (1.5) (23.6) $ 0.0        
Beginning Balance (Shares) at Dec. 31, 2018           995        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net loss (19.0)                  
Other comprehensive income (loss) (4.0)                  
Ending Balance at Jun. 02, 2019 173.4 291.4 (88.9) (1.5) (27.6) $ 0.0        
Ending Balance (Shares) at Jun. 02, 2019           0        
Beginning Balance at Mar. 31, 2019 189.8 291.4 (73.1) (1.5) (27.0) $ 0.0        
Beginning Balance (Shares) at Mar. 31, 2019           995        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Purchase of Ranpak Corp. 0.0                  
Purchase of Ranpak Corp. (shares)           (995)        
Net loss (15.8)   (15.8)              
Other comprehensive income (loss) (0.6)       (0.6)          
Ending Balance at Jun. 02, 2019 173.4 291.4 (88.9) $ (1.5) (27.6) $ 0.0        
Ending Balance (Shares) at Jun. 02, 2019           0        
Beginning Balance at Jun. 03, 2019 5.0 16.9 (11.9)              
Beginning Balance (Shares) at Jun. 03, 2019             2,770,967 11,250,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Forward purchase shares 0.0                  
Forward purchase shares (shares)             15,000,000      
Additional shares purchased 0.0                  
Additional shares purchased (shares)             16,149,317      
Conversion of forward purchase and additional shares 267.0 267.0                
Conversion of forward purchase and additional shares (shares)             (31,149,317)   25,454,282 5,695,035
Shares canceled (33.0) (33.0)                
Shares canceled (shares)               (3,854,664)    
Convert Class B 63.4 63.4                
Convert Class B (shares)               (7,395,336) 6,663,953 731,383
Convert public shares 125.0 125.0                
Convert public shares (shares)                 14,581,346  
Convert private placement warrants 6.4 6.4                
Convert private placement warrants (shares)                 658,051 84,875
Public shares redeemed 0.0                  
Public shares redeemed (shares)             (2,770,967)      
Amortization of restricted stock units 0.2 0.2                
Other (2.6) (2.6)                
Net loss (12.4)   (12.4)              
Other comprehensive income (loss) 2.3       2.3          
Ending Balance at Jun. 30, 2019 421.3 443.3 (24.3)   2.3          
Ending Balance (Shares) at Jun. 30, 2019                 47,357,632 6,511,293
Beginning Balance at Jun. 03, 2019 5.0 16.9 (11.9)              
Beginning Balance (Shares) at Jun. 03, 2019             2,770,967 11,250,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net loss (13.9)                  
Other comprehensive income (loss) (6.3)                  
Ending Balance at Sep. 30, 2019 410.2 444.9 (25.9)   (8.8)          
Ending Balance (Shares) at Sep. 30, 2019                 47,361,352 6,511,293
Beginning Balance at Jun. 30, 2019 421.3 443.3 (24.3)   2.3          
Beginning Balance (Shares) at Jun. 30, 2019                 47,357,632 6,511,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue Director shares 0.0                  
Issue Director shares (shares)                 3,720  
Amortization of restricted stock units 1.6 1.6                
Net loss (1.6)   (1.6)              
Other comprehensive income (loss) (11.1)       (11.1)          
Ending Balance at Sep. 30, 2019 410.2 444.9 (25.9)   (8.8)          
Ending Balance (Shares) at Sep. 30, 2019                 47,361,352 6,511,293
Beginning Balance at Dec. 31, 2019 $ 531.8 557.5 (29.1)   3.4          
Beginning Balance (Shares) at Dec. 31, 2019 70,805,034               64,293,741 6,511,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based awards vested and distributed $ 0.0                  
Stock-based awards vested and distributed (shares)                 51,603  
Issue Director shares 0.0                  
Issue Director shares (shares)                 6,903  
Amortization of restricted stock units 2.2 2.2                
Net loss (3.6)   (3.6)              
Other comprehensive income (loss) (11.8)       (11.8)          
Ending Balance at Mar. 31, 2020 518.6 559.7 (32.7)   (8.4)          
Ending Balance (Shares) at Mar. 31, 2020                 64,352,247 6,511,293
Beginning Balance at Dec. 31, 2019 $ 531.8 557.5 (29.1)   3.4          
Beginning Balance (Shares) at Dec. 31, 2019 70,805,034               64,293,741 6,511,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net loss $ (18.2)                  
Other comprehensive income (loss) (2.2)                  
Ending Balance at Sep. 30, 2020 $ 517.3 563.4 (47.3)   1.2          
Ending Balance (Shares) at Sep. 30, 2020 75,502,448               68,991,155 6,511,293
Beginning Balance at Mar. 31, 2020 $ 518.6 559.7 (32.7)   (8.4)          
Beginning Balance (Shares) at Mar. 31, 2020                 64,352,247 6,511,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based awards vested and distributed 0.0                  
Stock-based awards vested and distributed (shares)                 143,048  
Issue Director shares 0.0                  
Issue Director shares (shares)                 61,164  
Amortization of restricted stock units 2.0 2.0                
Net loss (8.5)   (8.5)              
Other comprehensive income (loss) 1.8       1.8          
Ending Balance at Jun. 30, 2020 513.9 561.7 (41.2)   (6.6)          
Ending Balance (Shares) at Jun. 30, 2020                 64,556,459 6,511,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Warrant exchange 0.0                  
Warrant exchange (Shares)                 4,422,564  
Stock-based awards vested and distributed (shares)                 2,048  
Issue Director shares (shares)                 10,084  
Amortization of restricted stock units 1.7 1.7                
Net loss (6.1)   (6.1)              
Other comprehensive income (loss) 7.8       7.8          
Ending Balance at Sep. 30, 2020 $ 517.3 $ 563.4 $ (47.3)   $ 1.2          
Ending Balance (Shares) at Sep. 30, 2020 75,502,448               68,991,155 6,511,293