2024 Q2 Form 10-K Financial Statement

#000155837024004979 Filed on April 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $157.7M $164.6M $573.3M
YoY Change 52.09% 38.54% 26.0%
Cost Of Revenue $139.7M $140.9M $492.5M
YoY Change 56.22% 42.7% 33.58%
Gross Profit $17.94M $23.63M $80.83M
YoY Change 26.15% 18.0% -6.4%
Gross Profit Margin 11.38% 14.36% 14.1%
Selling, General & Admin $11.43M $11.91M $44.38M
YoY Change 7.87% 13.79% -0.71%
% of Gross Profit 63.67% 50.39% 54.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $480.0K $587.0K $2.013M
YoY Change -12.25% -27.35% -32.52%
% of Gross Profit 2.67% 2.48% 2.49%
Operating Expenses $11.43M $11.91M $44.38M
YoY Change 7.87% 13.79% -0.71%
Operating Profit $6.519M $11.72M $36.46M
YoY Change 79.44% 22.61% -12.51%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $4.794M $5.253M $12.48M
YoY Change -862.16% 113.28% 188.04%
Pretax Income $11.31M $16.98M $48.93M
YoY Change 276.6% 41.18% 6.38%
Income Tax $3.431M $4.959M $16.58M
% Of Pretax Income 30.33% 29.21% 33.87%
Net Earnings $7.882M $12.02M $32.36M
YoY Change 273.73% -11.85% -2.24%
Net Earnings / Revenue 5.0% 7.3% 5.64%
Basic Earnings Per Share $0.59 $2.42
Diluted Earnings Per Share $0.58 $0.89 $2.39
COMMON SHARES
Basic Shares Outstanding 13.24M 13.37M
Diluted Shares Outstanding 13.57M 13.55M

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $416.4M $412.4M $412.4M
YoY Change 83.97% 26.72% 26.72%
Cash & Equivalents $207.7M $197.0M $197.0M
Short-Term Investments $208.6M $215.4M $215.4M
Other Short-Term Assets $43.63M $39.26M $39.26M
YoY Change 2.95% 2.41% 2.41%
Inventory $9.573M
Prepaid Expenses $9.595M $6.035M
Receivables $59.96M $47.33M $95.52M
Other Receivables $18.25M $0.00 $0.00
Total Short-Term Assets $574.3M $547.2M $547.2M
YoY Change 35.14% 24.73% 24.73%
LONG-TERM ASSETS
Property, Plant & Equipment $10.83M $11.02M $18.54M
YoY Change 1.5% -33.02% 12.68%
Goodwill $28.03M $28.03M
YoY Change 0.0% 0.0%
Intangibles $2.120M $2.217M
YoY Change -15.57% -15.02%
Long-Term Investments $1.400M $2.100M
YoY Change 27.27% 75.0%
Other Assets $2.305M $2.259M $2.259M
YoY Change -36.08% -38.76% -38.76%
Total Long-Term Assets $50.08M $51.05M $51.05M
YoY Change -1.21% 0.52% 0.52%
TOTAL ASSETS
Total Short-Term Assets $574.3M $547.2M $547.2M
Total Long-Term Assets $50.08M $51.05M $51.05M
Total Assets $624.4M $598.2M $598.2M
YoY Change 31.26% 22.22% 22.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.45M $39.49M $39.49M
YoY Change 82.88% -29.96% -29.96%
Accrued Expenses $60.72M $81.72M $73.07M
YoY Change 35.67% 63.88% 46.52%
Deferred Revenue $200.4M $181.1M
YoY Change 80.07% 88.09%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $327.6M $302.3M $302.3M
YoY Change 70.27% 49.26% 49.26%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.655M $5.030M $5.030M
YoY Change -31.66% -17.36% -17.36%
Total Long-Term Liabilities $3.655M $5.030M $5.030M
YoY Change -31.66% -17.36% -17.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $327.6M $302.3M $302.3M
Total Long-Term Liabilities $3.655M $5.030M $5.030M
Total Liabilities $331.3M $307.3M $307.3M
YoY Change 67.52% 47.32% 47.32%
SHAREHOLDERS EQUITY
Retained Earnings $229.4M $225.5M
YoY Change 11.03% 8.5%
Common Stock $166.9M $166.6M
YoY Change 1.93% 1.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $97.73M $97.53M
YoY Change 8.73% 10.03%
Treasury Stock Shares
Shareholders Equity $293.2M $290.9M $290.9M
YoY Change
Total Liabilities & Shareholders Equity $624.4M $598.2M $598.2M
YoY Change 31.26% 22.22% 22.22%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income $7.882M $12.02M $32.36M
YoY Change 273.73% -11.85% -2.24%
Depreciation, Depletion And Amortization $480.0K $587.0K $2.013M
YoY Change -12.25% -27.35% -32.52%
Cash From Operating Activities $17.69M $24.60M $116.9M
YoY Change -1517.15% -42.71% -488.74%
INVESTING ACTIVITIES
Capital Expenditures $322.0K $613.0K $2.756M
YoY Change -50.08% -22.41% -18.27%
Acquisitions
YoY Change
Other Investing Activities -$1.406M -$5.109M -$64.85M
YoY Change -104.78% 8.54%
Cash From Investing Activities -$1.728M -$5.722M -$67.61M
YoY Change -106.01% 624.3% 7.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $12.46M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.118M -8.004M -26.05M
YoY Change -21.19% -11.35% -68.54%
NET CHANGE
Cash From Operating Activities 17.69M 24.60M 116.9M
Cash From Investing Activities -1.728M -5.722M -67.61M
Cash From Financing Activities -5.118M -8.004M -26.05M
Net Change In Cash 10.71M 10.87M 23.09M
YoY Change -51.34% -67.17% -113.08%
FREE CASH FLOW
Cash From Operating Activities $17.69M $24.60M $116.9M
Capital Expenditures $322.0K $613.0K $2.756M
Free Cash Flow $17.36M $23.98M $114.1M
YoY Change -1017.27% -43.09% -441.29%

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt 0pt 8pt 0pt;"><i style="font-style:italic;">Use of Estimates</i> – The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues, expenses, and certain financial statement disclosures.  Management believes that the estimates, judgments and assumptions upon which it relies are reasonable based upon information available to it at the time that these estimates, judgments and assumptions are made. Estimates are used for, but are not limited to, the Company’s accounting for revenues, the valuation of assets with long and indefinite lives including goodwill, the valuation of restricted stock units and options to purchase shares of the Company’s common stock, the evaluation of uncertain income tax return positions, the valuation of deferred taxes, and the determination of the allowance for doubtful accounts. Actual results could differ from these estimates.</p>
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CY2024Q1 agx Remaining Bonded Performance Obligations
RemainingBondedPerformanceObligations
500000000
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2900000
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2700000
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2300000
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
4500000
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3500000
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6000000.0
CY2024 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1440000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
43.84
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y5M15D
CY2023Q1 agx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Stock Option Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsStockOptionOutstandingWeightedAverageGrantDateFairValue
10.11
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
21000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
41.64
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
94000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
27.42
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
33.81
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1365000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
44.95
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M1D
CY2024Q1 agx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Stock Option Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsStockOptionOutstandingWeightedAverageGrantDateFairValue
10.43
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1273000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
45.33
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y4M24D
CY2024Q1 agx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Stock Option Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsStockOptionExercisableWeightedAverageGrantDateFairValue
10.61
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1365000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
44.95
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y8M1D
CY2024Q1 agx Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageGrantDateFairValue
10.43
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
194000
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
7.27
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
21000
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.65
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
122000
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
7.31
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
1000
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
5.68
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
92000
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
7.85
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
67000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
73000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.54
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.19
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1500000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5600000
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5100000
CY2024 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
1492
CY2024 agx Effective Income Tax Rate Reconciliation Adjustments To Valuations For Foreign Nols Amount
EffectiveIncomeTaxRateReconciliationAdjustmentsToValuationsForForeignNolsAmount
2083000
CY2023 agx Effective Income Tax Rate Reconciliation Adjustments To Valuations For Foreign Nols Amount
EffectiveIncomeTaxRateReconciliationAdjustmentsToValuationsForForeignNolsAmount
-2574000
CY2024 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
646000
CY2024 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
626000
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10870000
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12776000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10921000
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1835000
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1012000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
643000
CY2024 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2537000
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
740000
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15242000
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14528000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11564000
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
301000
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
23000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
133000
CY2024 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1955000
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2452000
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1333000
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3232000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-208000
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16575000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11296000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11356000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10276000
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9660000
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9883000
CY2024 agx Unrecognized Tax Loss Benefit
UnrecognizedTaxLossBenefit
-3858000
CY2024 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2294000
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-441000
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-352000
CY2024 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1688000
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
860000
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
614000
CY2024 agx Effective Income Tax Rate Reconciliation Nondeductible Expense Excess Executive Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseExcessExecutiveCompensationAmount
1040000
CY2023 agx Effective Income Tax Rate Reconciliation Nondeductible Expense Excess Executive Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseExcessExecutiveCompensationAmount
1397000
CY2022 agx Effective Income Tax Rate Reconciliation Nondeductible Expense Excess Executive Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseExcessExecutiveCompensationAmount
1296000
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
83000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
58000
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
6181000
CY2023 agx Income Tax Expense Benefits Associated With Research And Development
IncomeTaxExpenseBenefitsAssociatedWithResearchAndDevelopment
-3430000
CY2024 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-56000
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-440000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-143000
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16575000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11296000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11356000
CY2024 agx Increase In Loss Carryback Period For Certain Losses
IncreaseInLossCarrybackPeriodForCertainLosses
P5Y
CY2024Q1 agx Domestic Net Operating Loss Carryback
DomesticNetOperatingLossCarryback
39500000
CY2024Q1 us-gaap Deferred Income Taxes And Other Tax Receivable Current
DeferredIncomeTaxesAndOtherTaxReceivableCurrent
12700000
CY2024 agx Period For Identify And Quantify Research And Development Tax Credits
PeriodForIdentifyAndQuantifyResearchAndDevelopmentTaxCredits
P3Y
CY2024Q1 agx Income Tax Benefit Recognized Related To Research And Development Credits
IncomeTaxBenefitRecognizedRelatedToResearchAndDevelopmentCredits
16200000
CY2024Q1 agx Unrecognized Income Tax Benefits Related To Research And Development Credits
UnrecognizedIncomeTaxBenefitsRelatedToResearchAndDevelopmentCredits
5000000.0
CY2024 agx Total Amount Of Research And Development Tax Credits That Irs Allowed To Claim Pursuant To Final Settlement
TotalAmountOfResearchAndDevelopmentTaxCreditsThatIrsAllowedToClaimPursuantToFinalSettlement
7900000
CY2024Q1 agx Unfavorable Tax Expense Impact From Irs Tax Settlement.
UnfavorableTaxExpenseImpactFromIrsTaxSettlement.
6200000
CY2024 agx Unrecognized Tax Benefits Contract Assets Reduction
UnrecognizedTaxBenefitsContractAssetsReduction
4400000
CY2024 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
5800000
CY2023 agx Unrecognized Tax Benefits Decrease Resulting From Research And Development Tax Credit
UnrecognizedTaxBenefitsDecreaseResultingFromResearchAndDevelopmentTaxCredit
2400000
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2882000
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4937000
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4895000
CY2024 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
78000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
42000
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2359000
CY2024 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
407000
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4414000
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2553000
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2882000
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4937000
CY2024Q1 agx Unrecognized Tax Benefits Contract Assets
UnrecognizedTaxBenefitsContractAssets
2600000
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
13800000
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2600000
CY2024 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2100000
CY2024Q1 agx Income Tax Refunds And Prepaid Income Taxes
IncomeTaxRefundsAndPrepaidIncomeTaxes
18300000
CY2023Q1 agx Income Tax Refunds And Prepaid Income Taxes
IncomeTaxRefundsAndPrepaidIncomeTaxes
15300000
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
19772000
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13964000
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2726000
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2726000
CY2024Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1955000
CY2023Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1480000
CY2024Q1 agx Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
1383000
CY2023Q1 agx Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
1189000
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.42
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.35
CY2024Q1 agx Deferred Tax Assets Deferred Research And Development Cost
DeferredTaxAssetsDeferredResearchAndDevelopmentCost
1622000
CY2023Q1 agx Deferred Tax Assets Deferred Research And Development Cost
DeferredTaxAssetsDeferredResearchAndDevelopmentCost
1015000
CY2023Q1 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
269000
CY2024Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
148000
CY2023Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
337000
CY2024Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
27606000
CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20980000
CY2024Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3819000
CY2023Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3674000
CY2024Q1 agx Deferred Tax Liabilities Property Plant And Equipment And Other
DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndOther
893000
CY2023Q1 agx Deferred Tax Liabilities Property Plant And Equipment And Other
DeferredTaxLiabilitiesPropertyPlantAndEquipmentAndOther
1033000
CY2024Q1 agx Deferred Tax Liabilities Construction Contracts
DeferredTaxLiabilitiesConstructionContracts
839000
CY2023Q1 agx Deferred Tax Liabilities Construction Contracts
DeferredTaxLiabilitiesConstructionContracts
1229000
CY2024Q1 agx Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
1378000
CY2023Q1 agx Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
1184000
CY2024Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
619000
CY2023Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
431000
CY2024Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7548000
CY2023Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7551000
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17799000
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9740000
CY2024Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2259000
CY2023Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
3689000
CY2024Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5500000
CY2024 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5100000
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5000000.0
CY2024Q1 agx Cash Investment Commitments
CashInvestmentCommitments
3300000
CY2024Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2100000
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
1200000
CY2024 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
8100000
CY2024 agx Amortization Of Equity Investments In Solar Energy Projects
AmortizationOfEquityInvestmentsInSolarEnergyProjects
7400000
CY2023 us-gaap Investment Tax Credit
InvestmentTaxCredit
4500000
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2024 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2024 us-gaap Net Income Loss
NetIncomeLoss
32358000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
33098000
CY2022 us-gaap Net Income Loss
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38244000
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
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13365000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14083000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15715000
CY2024 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
183000
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
93000
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
198000
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13548000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14176000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15913000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.43
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.39
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.33
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.40
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
570167
CY2023Q3 agx Percentage Increase In Common Stock Dividend Per Share
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0.20
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0.25
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0.25
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CY2022 us-gaap Stock Repurchased During Period Shares
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CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2022Q1 us-gaap Share Price
SharePrice
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CY2024 agx Treasury Stock Settlement Of Stock Option Exercises And Other Share Based Awards
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135156
CY2022 agx Treasury Stock Settlement Of Stock Option Exercises And Other Share Based Awards
TreasuryStockSettlementOfStockOptionExercisesAndOtherShareBasedAwards
0
CY2023 agx Treasury Stock Settlement Of Stock Option Exercises And Other Share Based Awards
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CY2022 us-gaap Capitalized Contract Cost Impairment Loss
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7900000
CY2024 us-gaap Number Of Operating Segments
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CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2024 us-gaap Cost Of Revenue
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CY2024 us-gaap Gross Profit
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CY2024 us-gaap Selling General And Administrative Expense
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CY2024 us-gaap Operating Income Loss
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36458000
CY2024 us-gaap Other Nonoperating Income Expense
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CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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48933000
CY2024 us-gaap Income Tax Expense Benefit
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CY2024 us-gaap Profit Loss
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CY2024 us-gaap Amortization Of Intangible Assets
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392000
CY2024 us-gaap Depreciation
Depreciation
2013000
CY2024 us-gaap Segment Expenditure Addition To Long Lived Assets
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2756000
CY2024Q1 us-gaap Assets Current
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CY2024Q1 us-gaap Liabilities Current
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CY2024Q1 us-gaap Goodwill
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Amortization Of Intangible Assets
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CY2023 us-gaap Segment Expenditure Addition To Long Lived Assets
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CY2023Q1 us-gaap Assets Current
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CY2023Q1 us-gaap Liabilities Current
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CY2023Q1 us-gaap Goodwill
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CY2023Q1 us-gaap Assets
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CY2022 us-gaap Goodwill Impairment Loss
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CY2022 us-gaap Operating Income Loss
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CY2022 us-gaap Other Nonoperating Income Expense
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Amortization Of Intangible Assets
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CY2022 us-gaap Segment Expenditure Addition To Long Lived Assets
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CY2022Q1 us-gaap Assets Current
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CY2022Q1 us-gaap Liabilities Current
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CY2022Q1 us-gaap Goodwill
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CY2022Q1 us-gaap Assets
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CY2024Q1 agx Income Tax Refunds And Prepaid Income Taxes
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CY2023Q1 agx Income Tax Refunds And Prepaid Income Taxes
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CY2024Q1 us-gaap Inventory Raw Materials
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CY2023Q1 us-gaap Inventory Raw Materials
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CY2024Q1 us-gaap Prepaid Expense Current
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CY2023Q1 us-gaap Prepaid Expense Current
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CY2024Q1 us-gaap Other Assets Miscellaneous Current
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CY2023Q1 us-gaap Other Assets Miscellaneous Current
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CY2024Q1 us-gaap Other Assets Current
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CY2024Q1 us-gaap Accrued Employee Benefits Current
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21206000
CY2023Q1 us-gaap Accrued Employee Benefits Current
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18286000
CY2024Q1 agx Accrued Lease Liabilities Current
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2726000
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CY2024Q1 us-gaap Other Accrued Liabilities Current
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CY2023Q1 us-gaap Other Accrued Liabilities Current
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12566000
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
81721000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
49867000

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