$ALTG
ALTA EQUIPMENT GROUP INC.

2021 Q3 Form 10-Q Financial Statement

#000156459021056481 Filed on November 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q4
Revenue $295.0M $292.7M $280.4M
YoY Change 33.73% 52.37%
Cost Of Revenue $213.9M $215.8M $216.0M
YoY Change 30.51% 48.01%
Gross Profit $81.10M $76.90M $64.40M
YoY Change 43.03% 66.09%
Gross Profit Margin 27.49% 26.27% 22.97%
Selling, General & Admin $72.90M $71.60M $62.80M
YoY Change 24.83% 63.84%
% of Gross Profit 89.89% 93.11% 97.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.40M $23.40M $23.40M
YoY Change 16.19% 40.12%
% of Gross Profit 30.09% 30.43% 36.34%
Operating Expenses $75.10M $73.70M $64.90M
YoY Change 24.75% 62.33% 3956.25%
Operating Profit $6.000M $3.200M -$500.0K
YoY Change -271.43% 255.56%
Interest Expense $6.000M $5.900M -$6.100M
YoY Change -1.64% 3.51% -1116.67%
% of Operating Profit 100.0% 184.38%
Other Income/Expense, Net $200.0K -$17.80M $200.0K
YoY Change -89.47% 229.63%
Pretax Income $200.0K -$14.60M -$6.400M
YoY Change -112.5% 224.44% 540.0%
Income Tax $0.00 $0.00 -$3.200M
% Of Pretax Income 0.0%
Net Earnings $200.0K -$14.60M -$3.200M
YoY Change -33.33% 256.1% 220.0%
Net Earnings / Revenue 0.07% -4.99% -1.14%
Basic Earnings Per Share -$0.02 -$0.48
Diluted Earnings Per Share -$0.02 -$0.48 -$108.8K
COMMON SHARES
Basic Shares Outstanding 32.36M 32.40M
Diluted Shares Outstanding 32.36M 32.55M

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.200M $1.800M $1.200M
YoY Change 1100.0% -71.88% 71.43%
Cash & Equivalents $1.200M $1.800M $1.200M
Short-Term Investments
Other Short-Term Assets $21.60M $21.80M
YoY Change 63.64% 118.0%
Inventory $204.9M $224.9M $229.0M
Prepaid Expenses
Receivables $168.2M $154.9M $151.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $395.9M $403.4M $381.6M
YoY Change 10.83% 17.58% 56.33%
LONG-TERM ASSETS
Property, Plant & Equipment $338.3M $327.0M $311.9M
YoY Change 15.19% 16.66% 58.73%
Goodwill $25.20M $24.40M $24.30M
YoY Change 182.56%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.800M $1.300M $2.100M
YoY Change -5.26% -43.48% 5.0%
Total Long-Term Assets $391.5M $379.7M $364.6M
YoY Change 14.27% 18.21% 73.54%
TOTAL ASSETS
Total Short-Term Assets $395.9M $403.4M $381.6M
Total Long-Term Assets $391.5M $379.7M $364.6M
Total Assets $787.4M $783.1M $746.2M
YoY Change 12.52% 17.88% 64.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.60M $67.50M $58.90M
YoY Change -16.24% 36.92% 89.39%
Accrued Expenses $41.20M $34.40M $30.10M
YoY Change 53.73% 60.0% 88.13%
Deferred Revenue
YoY Change
Short-Term Debt $194.9M $188.9M $315.1M
YoY Change -33.68% -31.13%
Long-Term Debt Due $600.0K $0.00 $8.700M
YoY Change -92.31% -100.0% 22.54%
Total Short-Term Liabilities $324.5M $320.2M $434.3M
YoY Change -21.12% -14.7% 26.47%
LONG-TERM LIABILITIES
Long-Term Debt $309.9M $309.3M $135.0M
YoY Change 125.87% 122.68% 56.07%
Other Long-Term Liabilities $17.10M $9.300M $6.900M
YoY Change -18.18% -49.18% 122.58%
Total Long-Term Liabilities $327.0M $318.6M $141.9M
YoY Change 106.83% 102.67% 58.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $324.5M $320.2M $434.3M
Total Long-Term Liabilities $327.0M $318.6M $141.9M
Total Liabilities $651.5M $647.1M $589.3M
YoY Change 11.35% 17.63% 23.44%
SHAREHOLDERS EQUITY
Retained Earnings -$74.80M -$53.40M
YoY Change 130.17%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.900M $5.900M
YoY Change
Treasury Stock Shares
Shareholders Equity $135.9M $136.0M $156.9M
YoY Change
Total Liabilities & Shareholders Equity $787.4M $783.1M $746.2M
YoY Change 12.52% 17.88% 64.29%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q4
OPERATING ACTIVITIES
Net Income $200.0K -$14.60M -$3.200M
YoY Change -33.33% 256.1% 220.0%
Depreciation, Depletion And Amortization $24.40M $23.40M $23.40M
YoY Change 16.19% 40.12%
Cash From Operating Activities -$4.500M $8.900M $6.300M
YoY Change -147.87% 196.67% -2009.09%
INVESTING ACTIVITIES
Capital Expenditures -$11.80M -$18.40M -$7.400M
YoY Change -9.23% -1633.33%
Acquisitions
YoY Change
Other Investing Activities -$1.000M -$300.0K -$50.80M
YoY Change -96.66% -95.24%
Cash From Investing Activities -$12.80M -$18.70M -$58.20M
YoY Change -70.16% 266.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 16.70M 11.00M 53.00M
YoY Change -38.6% -139.43%
NET CHANGE
Cash From Operating Activities -4.500M 8.900M 6.300M
Cash From Investing Activities -12.80M -18.70M -58.20M
Cash From Financing Activities 16.70M 11.00M 53.00M
Net Change In Cash -600.0K 1.200M 1.100M
YoY Change -90.48% -104.0% -433.33%
FREE CASH FLOW
Cash From Operating Activities -$4.500M $8.900M $6.300M
Capital Expenditures -$11.80M -$18.40M -$7.400M
Free Cash Flow $7.300M $27.30M $13.70M
YoY Change -67.41% 1416.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Nature Of Operations
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<p id="NOTE_1_ORGANIZATION_NATURE_OPERATIONS" style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOTE 1 — ORGANIZATION AND NATURE OF OPERATIONS</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Alta Equipment Group Inc. and its subsidiaries (“Alta” or the “Company”) is engaged in the retail sale, service, and rental of material handling and construction equipment in the states of Michigan, Illinois, Indiana, New York (including New York City in our Material Handling segment), Virginia and Florida as well as the New England region (including Boston) of the United States.</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Alta Equipment Holdings, Inc. is the holding company for Alta Enterprises, LLC. Alta Enterprises, LLC is the holding company for Alta Industrial Equipment Michigan; LLC; Alta Industrial Equipment Company, LLC; Alta Industrial Equipment New York, LLC; PeakLogix, LLC; Alta Construction Equipment, LLC; Alta Construction Equipment Illinois, LLC; Alta Heavy Equipment Services, LLC; NITCO, LLC; Alta Construction Equipment Florida, LLC, Alta Material Handling Upstate New York, LLC, Alta Construction Equipment Ohio, LLC, and Alta Construction Equipment New York, LLC.</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Unless the context otherwise requires, the use of the terms “the Company”, “we,” “us,” and “our” in these notes to the unaudited consolidated financial statements refers to Alta Equipment Group Inc. and its consolidated subsidiaries.</p>
us-gaap Current Federal Tax Expense Benefit
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us-gaap Use Of Estimates
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<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:8pt;margin-bottom:0pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are based on assumptions that we believe are reasonable under the circumstances. Due to the inherent uncertainty involved with estimates, actual results may differ. Additionally, the COVID-19 outbreak has had an impact on our approach to these estimates and assumptions, specifically in 2020 during the more acute phases of the pandemic, and any increased severity of the pandemic on our business could result in a reassessment of these estimates and assumptions which, in turn, could affect the reported amounts on our financial statements. Please see section titled Risk Factors in our 2020 Annual Report on Form 10-K for a discussion of risks associated with the COVID-19 pandemic.</p>
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CY2020Q4 us-gaap Inventory Net
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229000000.0
CY2021Q3 altg Capitalized Direct Labor Expense Included In Work In Process
CapitalizedDirectLaborExpenseIncludedInWorkInProcess
1100000
CY2020Q4 altg Capitalized Direct Labor Expense Included In Work In Process
CapitalizedDirectLaborExpenseIncludedInWorkInProcess
1700000
CY2020Q3 altg Rental Depreciation Expense
RentalDepreciationExpense
900000
altg Rental Depreciation Expense
RentalDepreciationExpense
2400000
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
504800000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
452300000
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
166500000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
140400000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
338300000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
311900000
CY2021Q3 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
3800000
CY2020Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
4000000.0
CY2021Q3 altg Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Amortization
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedAmortization
2800000
CY2020Q4 altg Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Amortization
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedAmortization
2500000
CY2021Q3 altg Gpo Assets
GPOAssets
11300000
CY2020Q4 altg Gpo Assets
GPOAssets
13000000.0
CY2020Q4 us-gaap Goodwill
Goodwill
24300000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2300000
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1400000
CY2021Q3 us-gaap Goodwill
Goodwill
25200000
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
32400000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6200000
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26200000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
30000000.0
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3700000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26300000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1400000
us-gaap Debt Instrument Description
DebtInstrumentDescription
On April 1, 2021, the Company completed a private offering of our Senior Secured Second Lien Notes (the “Notes”), for the purposes of, among other things, repayment and refinancing of a portion of the Company’s prior existing debt, reducing interest rate exposure and providing liquidity for financing of future growth initiatives.
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11900000
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7600000
CY2021Q3 altg Debt Instrument High Yield Notes
DebtInstrumentHighYieldNotes
315000000.0
CY2021Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1100000
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1800000
CY2021Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4200000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4600000
CY2021Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
800000
CY2020Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1500000
CY2021Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
310500000
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
144300000
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
600000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
8700000
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
309900000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
135600000
CY2021Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
1700000
CY2020Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2400000
CY2021Q3 altg Accrued Guarantees
AccruedGuarantees
0
CY2020Q4 altg Accrued Guarantees
AccruedGuarantees
0
CY2021Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1400000
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1400000
CY2020Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1400000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
400000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2600000
CY2020Q3 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-500000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
100000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3400000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0.0
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3400000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.023
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
27000000.0
CY2020 altg Percentage Of Future Taxable Income
PercentageOfFutureTaxableIncome
0.80
CY2021Q3 altg Deferred Employer Payroll Taxes Under Cares Act
DeferredEmployerPayrollTaxesUnderCARESAct
5600000
CY2020Q4 altg Depository Shares Liquidation Preference Value
DepositorySharesLiquidationPreferenceValue
2500
CY2020Q4 altg Depository Shares Liquidation Preference Per Share
DepositorySharesLiquidationPreferencePerShare
2.50
us-gaap Dividend Payment Restrictions Schedule Description
DividendPaymentRestrictionsScheduleDescription
Dividends are payable quarterly in arrears, on or about the last day of January, April, July and October, beginning on or about April 30, 2021; provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date may be paid on the next succeeding business day, and no interest, additional dividends or other sums will accumulate. Dividends will accumulate and be cumulative from, and including December 22, 2020, the date of original issuance.
CY2021Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.89
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.625
CY2020Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2017Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
33333.33
CY2017Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2017Q4 altg Purchase Of Outstanding Warrants Upon Repayment Of Senior Indebtedness Percentage
PurchaseOfOutstandingWarrantsUponRepaymentOfSeniorIndebtednessPercentage
0.75
CY2017Q4 altg Warrants Expiration Date
WarrantsExpirationDate
2027-12-27
CY2020Q4 altg Warrant Liability Noncurrent
WarrantLiabilityNoncurrent
0
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
900000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3200000
CY2020Q3 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
7600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
856500000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11900000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7600000
CY2020Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3000000.0
CY2020Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2100000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
593200000
us-gaap Net Income Loss
NetIncomeLoss
-20800000
us-gaap Interest Expense
InterestExpense
17600000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69200000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21900000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
295000000.0
CY2021Q3 us-gaap Interest Expense
InterestExpense
6000000.0
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24400000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
593200000
us-gaap Interest Expense
InterestExpense
17700000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51600000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20800000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220600000
CY2020Q3 us-gaap Interest Expense
InterestExpense
6100000
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21000000.0
CY2021Q3 us-gaap Assets
Assets
787400000
CY2020Q4 us-gaap Assets
Assets
746200000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-500000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
300000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21900000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20800000
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.81
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-500000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
300000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-21900000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-20800000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32363376
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29221460
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31484906
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25689145
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
89214
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32363376
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29310674
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31484906
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25689145
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.81
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
157000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
155000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
54000
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0

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