2019 Q2 Form 10-Q Financial Statement

#000159354819000037 Filed on August 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q4 2018 Q2
Revenue $74.51M $72.10M $72.82M
YoY Change 2.32% 25.03% 45.41%
Cost Of Revenue $20.69M $20.96M $9.710M
YoY Change 113.08% 35.49% 39.13%
Gross Profit $53.67M $51.14M $53.70M
YoY Change -0.05% 21.2% 37.85%
Gross Profit Margin 72.04% 70.93% 73.74%
Selling, General & Admin $14.61M $15.63M $15.35M
YoY Change -4.85% 14.51% 48.38%
% of Gross Profit 27.21% 30.56% 28.58%
Research & Development $8.379M $8.370M $6.855M
YoY Change 22.23% 7.31% 11.63%
% of Gross Profit 15.61% 16.37% 12.77%
Depreciation & Amortization $23.66M $19.76M $19.47M
YoY Change 21.53% 9.47% 6.87%
% of Gross Profit 44.08% 38.64% 36.25%
Operating Expenses $72.51M $43.74M $61.80M
YoY Change 17.34% 10.73% 29.4%
Operating Profit $1.995M $1.918M $11.02M
YoY Change -81.9% 122.76% 374.76%
Interest Expense $9.560M -$9.310M $8.873M
YoY Change 7.74% -28.93% -39.03%
% of Operating Profit 479.2% -485.4% 80.49%
Other Income/Expense, Net $46.00K -$370.0K -$455.0K
YoY Change -110.11% -80.21% -129.76%
Pretax Income -$7.488M -$9.780M $1.717M
YoY Change -536.11% -34.84% -109.14%
Income Tax -$52.00K -$30.00K $7.027M
% Of Pretax Income 409.26%
Net Earnings -$7.557M -$10.35M -$5.310M
YoY Change 42.32% 21.42% -73.6%
Net Earnings / Revenue -10.14% -14.35% -7.29%
Basic Earnings Per Share -$0.21 -$0.29 -$0.15
Diluted Earnings Per Share -$0.21 -$0.29 -$0.15
COMMON SHARES
Basic Shares Outstanding 35.43K 35.31M shares 35.23M shares
Diluted Shares Outstanding 35.43K 35.23M shares

Balance Sheet

Concept 2019 Q2 2018 Q4 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.00M $70.70M $28.20M
YoY Change -36.17% 268.23% 23.68%
Cash & Equivalents $17.97M $81.70M $28.15M
Short-Term Investments
Other Short-Term Assets $4.682M $4.231M $4.233M
YoY Change 10.61% 22.28% 15.34%
Inventory $30.20M $27.44M $29.71M
Prepaid Expenses $5.390M $3.566M $4.368M
Receivables $49.81M $44.70M $44.52M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $108.1M $150.7M $111.1M
YoY Change -2.69% 82.26% 63.61%
LONG-TERM ASSETS
Property, Plant & Equipment $103.3M $91.55M $81.20M
YoY Change 27.25% 17.4% 5.83%
Goodwill $285.2M $277.3M $281.6M
YoY Change 1.29% -0.39% 11.06%
Intangibles $243.9M $196.9M $214.2M
YoY Change 13.89% -15.24% 1.2%
Long-Term Investments
YoY Change
Other Assets $9.100M $12.35M $14.60M
YoY Change -37.67% -52.33% -37.07%
Total Long-Term Assets $653.4M $580.6M $591.5M
YoY Change 10.46% -5.52% 4.68%
TOTAL ASSETS
Total Short-Term Assets $108.1M $150.7M $111.1M
Total Long-Term Assets $653.4M $580.6M $591.5M
Total Assets $761.5M $731.3M $702.6M
YoY Change 8.38% 4.89% 11.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.57M $14.82M $12.40M
YoY Change 9.46% 29.93% 48.82%
Accrued Expenses $33.33M $26.66M $21.44M
YoY Change 55.47% 6.83% 18.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.036M $5.959M $6.649M
YoY Change -9.22% -19.02% 0.73%
Total Short-Term Liabilities $52.94M $47.44M $40.49M
YoY Change 30.76% 8.51% 22.36%
LONG-TERM LIABILITIES
Long-Term Debt $520.3M $521.9M $493.1M
YoY Change 5.52% -18.98% -14.1%
Other Long-Term Liabilities $42.57M $24.73M $26.07M
YoY Change 63.26% -31.84% -17.78%
Total Long-Term Liabilities $562.9M $546.7M $519.2M
YoY Change 8.42% -19.66% -14.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.94M $47.44M $40.49M
Total Long-Term Liabilities $562.9M $546.7M $519.2M
Total Liabilities $628.4M $595.5M $563.6M
YoY Change 11.51% -17.88% -13.01%
SHAREHOLDERS EQUITY
Retained Earnings -$230.0M -$222.4M -$216.4M
YoY Change 6.3% 10.34% 14.53%
Common Stock $354.0K $353.0K $353.0K
YoY Change 0.28% 136.91% 136.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $133.1M $135.8M $139.0M
YoY Change
Total Liabilities & Shareholders Equity $761.5M $731.3M $702.6M
YoY Change 8.38% 4.89% 11.0%

Cashflow Statement

Concept 2019 Q2 2018 Q4 2018 Q2
OPERATING ACTIVITIES
Net Income -$7.557M -$10.35M -$5.310M
YoY Change 42.32% 21.42% -73.6%
Depreciation, Depletion And Amortization $23.66M $19.76M $19.47M
YoY Change 21.53% 9.47% 6.87%
Cash From Operating Activities $26.02M $32.19M $22.50M
YoY Change 15.64% 81.66% 110.67%
INVESTING ACTIVITIES
Capital Expenditures -$15.06M -$22.00M -$13.09M
YoY Change 15.05% 50.48% -26.99%
Acquisitions
YoY Change
Other Investing Activities $0.00 $500.0K -$4.450M
YoY Change -100.0% -100.88% -5044.44%
Cash From Investing Activities -$15.06M -$21.50M -$17.54M
YoY Change -14.14% -69.77% -1.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.360M 26.82M -2.630M
YoY Change 27.76% -57.16% -111.81%
NET CHANGE
Cash From Operating Activities 26.02M 32.19M 22.50M
Cash From Investing Activities -15.06M -21.50M -17.54M
Cash From Financing Activities -3.360M 26.82M -2.630M
Net Change In Cash 7.600M 37.51M 2.330M
YoY Change 226.18% 307.27% -84.59%
FREE CASH FLOW
Cash From Operating Activities $26.02M $32.19M $22.50M
Capital Expenditures -$15.06M -$22.00M -$13.09M
Free Cash Flow $41.08M $54.19M $35.59M
YoY Change 15.43% 67.56% 24.4%

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0.025
CY2019Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y5M
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
206607000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
4000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
31000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
230000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
466000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
640000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
329000 USD
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
59000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
238 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1673000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
142000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
257000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
231850000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-700000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1000000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1020000 USD
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-100000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-400000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-445000 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4608000 USD
CY2019Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q4 us-gaap Goodwill
Goodwill
277263000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
285186000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
11041000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
415000 USD
CY2019Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3500000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3500000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3533000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
0 USD
CY2019Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
1300000 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
1300000 USD
CY2018Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
400000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1000000 USD
CY2019Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
100000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
400000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1717000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-20257000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7488000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13235000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7027000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5409000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-52000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5810000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
11552000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
3461000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12082000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14231000 USD
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
758000 USD
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
418000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2440000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-419000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-11138000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-6605000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1685000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1698000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
403508000 USD
CY2019Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
475799000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
196898000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
243949000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
8873000 USD
us-gaap Interest Expense
InterestExpense
19297000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
9560000 USD
us-gaap Interest Expense
InterestExpense
18434000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5100000 USD
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6700000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
27438000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
30195000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
22300000 USD
CY2019Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
23500000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
21000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
73000 USD
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
31000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
70000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
17473000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7358000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1709000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1842000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2373000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2794000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1397000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3472000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
595538000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
628402000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
731342000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
761500000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
47439000 USD
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
52938000 USD
CY2019Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
535600000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
527883000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
526349000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5959000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
6036000 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
528100000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
521924000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
520313000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q1 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11024000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
13262000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1995000 USD
CY2019Q1 us-gaap Minority Interest
MinorityInterest
107000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
128000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
100000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
157000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51707000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5750000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32507000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84738000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10319000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37675000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5310000 USD
us-gaap Net Income Loss
NetIncomeLoss
-14848000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-7557000 USD
us-gaap Net Income Loss
NetIncomeLoss
-7639000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
121000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
214000 USD
CY2018Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
71000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
61798000 USD
us-gaap Operating Expenses
OperatingExpenses
124416000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
72514000 USD
us-gaap Operating Expenses
OperatingExpenses
137208000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
10343000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
14001000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2043000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
11958000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1145 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11908000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0590
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
15596000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2817000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1121000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1470000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2212000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2716000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5260000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6339000 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8890000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
12347000 USD
CY2019Q2 us-gaap Other Assets
OtherAssets
6637000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4231000 USD
CY2019Q2 us-gaap Other Assets Current
OtherAssetsCurrent
4682000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2883000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
54000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
228000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
870000 USD
CY2018Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1000000 USD
CY2018Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1005000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2615000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2600000 USD
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5036000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
6052000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
24732000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
42568000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-455000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9687000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
46000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5214000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1022000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
157000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4160000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4452000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
50779000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
594000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3950000 USD
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
22314000 USD
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
23819000 USD
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000 shares
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
us-gaap Share Based Compensation
ShareBasedCompensation
3350000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1185743 shares
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3566000 USD
CY2019Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5390000 USD
CY2018Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
171.5 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
176341000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
21000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
109000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
279000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
585000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
-5310000 USD
us-gaap Profit Loss
ProfitLoss
-14848000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
-7436000 USD
us-gaap Profit Loss
ProfitLoss
-7425000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
91547000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
103327000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-148000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
153000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1405000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
695000 USD
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
115000000 USD
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2576000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2694000 USD
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6855000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15480000 USD
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8379000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16504000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
78000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
20000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-222403000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-230042000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
72822000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
137678000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
74509000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147551000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
256000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
620000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12668000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15350000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
32127000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14605000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29482000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8629000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.42
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10298 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
15000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1515461 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35233000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33494000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35428000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1444822 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.11
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.07
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.67
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
10.34
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
13000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y8M
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35400000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3410000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y0M
CY2018Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
16.00
CY2018Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
16.00
CY2018Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1537500 shares
CY2018Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1537500 shares
CY2018Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
10250000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
60341 shares
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
139028000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
135804000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
133098000 USD
CY2018Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.5543
us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.5543
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3437000 USD
CY2019Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
3556000 USD
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35233000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33494000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35428000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35400000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires the Company to make decisions based upon estimates, assumptions, and factors considered relevant to the circumstances. Such decisions include the selection of applicable accounting principles and the use of judgment in their application, the results of which impact reported amounts and disclosures. Changes in future economic conditions or other business circumstances may affect the outcomes of the estimates and assumptions. Accordingly, actual results could differ materially from those anticipated.</font></div></div>

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