$ALRM
Alarm.com Holdings, Inc.

2023 Q2 Form 10-Q Financial Statement

#000145920023000016 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $223.9M $209.7M $205.4M
YoY Change 5.18% 2.08% 19.1%
Cost Of Revenue $86.37M $76.17M $90.09M
YoY Change -1.11% -15.45% 36.99%
Gross Profit $137.5M $133.5M $115.4M
YoY Change 9.56% 15.77% 8.07%
Gross Profit Margin 61.42% 63.68% 56.15%
Selling, General & Admin $52.57M $55.14M $47.19M
YoY Change 0.63% 16.87% 12.67%
% of Gross Profit 38.23% 41.29% 40.91%
Research & Development $60.92M $61.91M $51.49M
YoY Change 12.49% 20.23% 21.25%
% of Gross Profit 44.3% 46.36% 44.64%
Depreciation & Amortization $8.181M $7.989M $8.114M
YoY Change 0.71% -1.54% 5.38%
% of Gross Profit 5.95% 5.98% 7.03%
Operating Expenses $121.3M $124.7M $106.4M
YoY Change 6.29% 17.18% 16.03%
Operating Profit $16.16M $8.819M $8.913M
YoY Change 42.55% -1.05% -40.59%
Interest Expense $6.590M $4.314M -$641.0K
YoY Change 2752.81% -773.01% -79.97%
% of Operating Profit 40.78% 48.92% -7.19%
Other Income/Expense, Net -$631.0K -$148.0K $13.00K
YoY Change -700.95% -1238.46% -108.39%
Pretax Income $22.12M $12.99M $8.285M
YoY Change 89.5% 56.73% -28.8%
Income Tax $6.500M -$1.200M -$600.0K
% Of Pretax Income 29.39% -9.24% -7.24%
Net Earnings $15.61M $14.21M $9.079M
YoY Change 43.99% 56.48% -38.78%
Net Earnings / Revenue 6.97% 6.77% 4.42%
Basic Earnings Per Share $0.32 $0.29 $0.18
Diluted Earnings Per Share $0.30 $0.28 $0.18
COMMON SHARES
Basic Shares Outstanding 49.84M shares 49.63M shares 50.21M shares
Diluted Shares Outstanding 54.45M shares 54.30M shares 55.17M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $627.0M $606.4M $671.8M
YoY Change -2.54% -9.72% 4.6%
Cash & Equivalents $627.0M $606.4M $671.8M
Short-Term Investments
Other Short-Term Assets $29.75M $30.68M $27.32M
YoY Change 14.25% 12.28% 52.03%
Inventory $117.8M $117.9M $86.44M
Prepaid Expenses
Receivables $123.3M $125.9M $103.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $897.8M $880.9M $888.6M
YoY Change 1.34% -0.87% 11.66%
LONG-TERM ASSETS
Property, Plant & Equipment $56.83M $57.10M $39.97M
YoY Change -38.58% 42.86% -11.38%
Goodwill $154.0M $155.3M $112.9M
YoY Change 37.54% 0.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $36.87M $36.91M $26.82M
YoY Change -54.95% 37.62% 16.65%
Total Long-Term Assets $484.9M $476.7M $336.2M
YoY Change 31.21% 41.78% 5.47%
TOTAL ASSETS
Total Short-Term Assets $897.8M $880.9M $888.6M
Total Long-Term Assets $484.9M $476.7M $336.2M
Total Assets $1.383B $1.358B $1.225B
YoY Change 10.13% 10.84% 9.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $57.49M $59.05M $47.70M
YoY Change -10.42% 23.79% 6.6%
Accrued Expenses $16.90M $16.72M $13.18M
YoY Change -64.99% 26.84% 12.67%
Deferred Revenue $9.671M $8.776M $5.840M
YoY Change 50.27% 10.54%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $165.9M $161.2M $107.5M
YoY Change 17.36% 50.02% 18.0%
LONG-TERM LIABILITIES
Long-Term Debt $491.9M $492.0M $488.0M
YoY Change 0.64% 0.81% 18.22%
Other Long-Term Liabilities $15.51M $13.35M $9.480M
YoY Change -67.65% 40.77% 27.23%
Total Long-Term Liabilities $15.51M $13.35M $9.480M
YoY Change -97.11% 40.77% 27.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $165.9M $161.2M $107.5M
Total Long-Term Liabilities $15.51M $13.35M $9.480M
Total Liabilities $710.6M $706.3M $646.5M
YoY Change 2.36% 9.25% 16.46%
SHAREHOLDERS EQUITY
Retained Earnings $215.4M $199.6M $137.9M
YoY Change 44.73% 69.38%
Common Stock $515.0K $513.0K $505.0K
YoY Change 1.58% 1.41%
Preferred Stock
YoY Change
Treasury Stock (at cost) $28.48M
YoY Change 453.12%
Treasury Stock Shares 501.3K shares
Shareholders Equity $644.2M $625.4M $563.0M
YoY Change
Total Liabilities & Shareholders Equity $1.383B $1.358B $1.225B
YoY Change 10.13% 10.84% 9.89%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $15.61M $14.21M $9.079M
YoY Change 43.99% 56.48% -38.78%
Depreciation, Depletion And Amortization $8.181M $7.989M $8.114M
YoY Change 0.71% -1.54% 5.38%
Cash From Operating Activities $36.79M -$3.521M -$13.96M
YoY Change 40.31% -74.78% -165.75%
INVESTING ACTIVITIES
Capital Expenditures $6.663M $2.398M $2.171M
YoY Change -127.61% 10.46% -46.65%
Acquisitions $9.696M $0.00
YoY Change
Other Investing Activities $15.00K -$10.18M $16.00K
YoY Change -100.53% -63743.75% -100.32%
Cash From Investing Activities -$6.648M -$12.94M -$2.155M
YoY Change -75.35% 500.6% -76.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $23.33M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.931M $842.0K -$22.25M
YoY Change -67.62% -103.78% -105.91%
NET CHANGE
Cash From Operating Activities 36.79M -$3.521M -$13.96M
Cash From Investing Activities -6.648M -$12.94M -$2.155M
Cash From Financing Activities -8.931M $842.0K -$22.25M
Net Change In Cash 21.21M -$15.61M -$38.37M
YoY Change -174.84% -59.32% -109.87%
FREE CASH FLOW
Cash From Operating Activities $36.79M -$3.521M -$13.96M
Capital Expenditures $6.663M $2.398M $2.171M
Free Cash Flow $30.13M -$5.919M -$16.13M
YoY Change -40.17% -63.31% -193.99%

Facts In Submission

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CY2022Q1 us-gaap Profit Loss
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540000 usd
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CY2023Q1 alrm Contract With Customer Provision For Product Returns
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316000 usd
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353000 usd
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7673000 usd
CY2022Q1 us-gaap Depreciation And Amortization
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7761000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
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780000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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2750000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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2473000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2023Q1 us-gaap Share Based Compensation
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CY2022Q1 us-gaap Share Based Compensation
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12110000 usd
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1843000 usd
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CY2022Q1 us-gaap Increase Decrease In Inventories
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11161000 usd
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689000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
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3225000 usd
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CY2022Q1 alrm Increase Decreasein Accounts Payable Accrued Liabilitiesand Other Current Liabilities
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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1899000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
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782000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
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-3362000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
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CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2398000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2171000 usd
CY2023Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
300000 usd
CY2022Q1 us-gaap Payments To Acquire Notes Receivable
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ProceedsFromCollectionOfNotesReceivable
13000 usd
CY2022Q1 us-gaap Proceeds From Collection Of Notes Receivable
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16000 usd
CY2023Q1 us-gaap Payments To Develop Software
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362000 usd
CY2022Q1 us-gaap Payments To Develop Software
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0 usd
CY2023Q1 us-gaap Payments To Acquire Projects
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200000 usd
CY2022Q1 us-gaap Payments To Acquire Projects
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
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23331000 usd
CY2023Q1 us-gaap Repayments Of Debt
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469000 usd
CY2022Q1 us-gaap Repayments Of Debt
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1311000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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1080000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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622879000 usd
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710621000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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607270000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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672254000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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606428000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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671753000 usd
CY2023Q1 us-gaap Restricted Cash
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842000 usd
CY2022Q1 us-gaap Restricted Cash
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501000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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607270000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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672254000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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23988000 usd
CY2022Q4 us-gaap Stockholders Equity
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598859000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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1311000 usd
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12686000 usd
CY2023Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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2061000 usd
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2061000 usd
CY2023Q1 us-gaap Temporary Equity Net Income
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-209000 usd
CY2023Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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14416000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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170000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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25840000 usd
CY2023Q1 us-gaap Stockholders Equity
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625381000 usd
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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12888000 usd
CY2021Q4 us-gaap Stockholders Equity
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613167000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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1080000 usd
CY2022Q1 us-gaap Stock Repurchased During Period Value
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23331000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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12110000 usd
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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2569000 usd
CY2022Q1 alrm Adjustments To Additional Paid In Capital Accretion Adjustments Of Redeemable Noncontrolling Interest To Redemption Value
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2569000 usd
CY2022Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-176000 usd
CY2022Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
9079000 usd
CY2022Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
15281000 usd
CY2022Q1 us-gaap Stockholders Equity
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562993000 usd
CY2023Q1 us-gaap Nature Of Operations
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Organization<span style="color:#212121;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Alarm.com Holdings, Inc. (referred to herein as Alarm.com, the Company, or we) is the leading platform for the intelligently connected property. Our cloud-based platform offers an expansive suite of Internet of Things, or IoT, solutions </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">addressing opportunities in the residential, multi-family, small business and enterprise commercial markets. Alarm.com’s solutions include security, video and video analytics, energy management, access control, electric utility grid management, indoor gunshot detection, water management, health and wellness and data-rich emergency response.</span><span style="color:#212121;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our solutions are delivered through an established network of trusted service provider partners, who are experts at selling, installing and supporting our solutions. </span><span style="color:#212121;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The number of our service provider partners exceeded 11,000 as of December 31, 2022.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We derive revenue from the sale of our cloud-based Software-as-a-Service, or SaaS, services, license fees, software, hardware, activation fees and other revenue. Our fiscal year ends on December 31.</span>
CY2022Q4 alrm Trusted Service Providers
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<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. As of the date of issuance of these financial statements, we are not aware of any specific event or circumstance that would require us to update our estimates, assumptions and judgments or revise the carrying value of our assets or liabilities. However, our estimates, judgments and assumptions are continually evaluated based on available information and experience and may change as new events occur and additional information is obtained. Because of the use of estimates inherent in the financial reporting process and in light of the continuing uncertainty arising from the Macroeconomic Conditions, actual results could differ from those estimates and any such differences may be material. Estimates are used when accounting for revenue recognition, allowances for credit losses, allowance for hardware returns, estimates of obsolete inventory, long-term incentive compensation, the lease term and incremental borrowing rates for leases, stock-based compensation, income taxes, legal reserves and goodwill, intangible assets and other long-lived assets.</span></div>
CY2022Q4 us-gaap Contract With Customer Asset Net
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13975000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
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4520000 usd
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806000 usd
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1769000 usd
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846000 usd
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13879000 usd
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4480000 usd
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18332000 usd
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14837000 usd
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5940000 usd
CY2022Q1 alrm Contract With Customer Liability Revenue Deferred During Period
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3990000 usd
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CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3208000 usd
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20231000 usd
CY2022Q1 us-gaap Contract With Customer Liability
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15619000 usd
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130953000 usd
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3199000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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2835000 usd
CY2023Q1 alrm Allowancefor Product Returns Current
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1551000 usd
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125885000 usd
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124283000 usd
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500000 usd
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100000 usd
CY2023Q1 alrm Accounts And Notes Receivable Credit Loss Expense Reversal
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CY2022Q1 alrm Accounts And Notes Receivable Credit Loss Expense Reversal
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38098000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
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489000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2023Q1 us-gaap Inventory Net
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117874000 usd
CY2022Q4 us-gaap Inventory Net
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CY2022Q4 us-gaap Goodwill
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148183000 usd
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7200000 usd
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CY2023Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
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91000 usd
CY2023Q1 us-gaap Goodwill
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4600000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
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4600000 usd
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85645000 usd
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105842000 usd
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82458000 usd
CY2023Q1 alrm Financing Receivable Number Of Portfolio Segments
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CY2023Q1 us-gaap Prepaid Expense Current And Noncurrent
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CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
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14500000 usd
CY2022Q2 alrm Apic Share Based Payment Arrangement Long Term Incentive Plan Increase For Cost Recognition
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3100000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
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1200000 usd
CY2023Q1 alrm Operating Lease Available Leasehold Improvement Allowance
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12100000 usd
CY2023Q1 us-gaap Operating Lease Cost
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2750000 usd
CY2022Q1 us-gaap Operating Lease Cost
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2473000 usd
CY2023Q1 us-gaap Operating Lease Payments
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3362000 usd
CY2022Q1 us-gaap Operating Lease Payments
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2975000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3927000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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1782000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q1 us-gaap Lessee Operating Lease Discount Rate
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0.045
CY2022Q4 us-gaap Lessee Operating Lease Discount Rate
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0.039
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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10337000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12690000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10780000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6531000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1612000 usd
CY2023Q1 alrm Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2387000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44337000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3815000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
40522000 usd
CY2023Q1 alrm Lessee Operating Lease Lease Not Yet Commenced Minimum Lease Payments
LesseeOperatingLeaseLeaseNotYetCommencedMinimumLeasePayments
0 usd
CY2023Q1 alrm Lessee Operating Lease Option To Extend Amount
LesseeOperatingLeaseOptionToExtendAmount
0 usd
CY2022Q4 alrm Sublease Liability
SubleaseLiability
0 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
0 usd
CY2023Q1 alrm Sublease Liability
SubleaseLiability
0 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
0 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
59050000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
53121000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
16716000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17539000 usd
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
31445000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
43576000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
6263000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7160000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5421000 usd
CY2023Q1 alrm Accounts Payable Accrued Liabilitiesand Other Current Liabilities Current
AccountsPayableAccruedLiabilitiesandOtherCurrentLiabilitiesCurrent
120634000 usd
CY2022Q4 alrm Accounts Payable Accrued Liabilitiesand Other Current Liabilities Current
AccountsPayableAccruedLiabilitiesandOtherCurrentLiabilitiesCurrent
119657000 usd
CY2023Q1 alrm Business Combination Consideration Transferred Holdback Amount
BusinessCombinationConsiderationTransferredHoldbackAmount
1800000 usd
CY2022Q4 alrm Business Combination Consideration Transferred Holdback Amount
BusinessCombinationConsiderationTransferredHoldbackAmount
4560000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2006000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 usd
CY2023Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
9539000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
8490000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13345000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13050000 usd
CY2023Q1 us-gaap Share Price
SharePrice
50.28
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12686000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12110000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12686000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12110000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-22000 usd
CY2022Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
529000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
14207000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
8903000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-209000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-176000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14416000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9079000 usd
CY2023Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
590000 usd
CY2022Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
586000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
15006000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9665000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49584890 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50206179 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4711431 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4964602 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54296321 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55170781 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2022Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
600000 usd
CY2023Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
600000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1200000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.094
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-600000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.075
CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
300000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
300000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
209716000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8819000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
205437000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8913000 usd
CY2023Q1 us-gaap Assets
Assets
1357530000 usd
CY2022Q4 us-gaap Assets
Assets
1329375000 usd

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