2019 Q2 Form 10-Q Financial Statement

#000000349919000011 Filed on April 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q1
Revenue $55.93M $56.78M $57.88M
YoY Change -3.98% -1.9% 1.14%
Cost Of Revenue $22.10M $22.30M $22.90M
YoY Change 0.0% -2.62% 6.51%
Gross Profit $33.90M $34.50M $35.00M
YoY Change -6.09% -1.43% -1.96%
Gross Profit Margin 60.61% 60.76% 60.47%
Selling, General & Admin $1.500M $800.0K $700.0K
YoY Change 36.36% 14.29% 16.67%
% of Gross Profit 4.42% 2.32% 2.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.200M $9.118M $9.596M
YoY Change -8.91% -4.98% 11.99%
% of Gross Profit 27.14% 26.43% 27.42%
Operating Expenses $31.43M $30.92M $31.82M
YoY Change -1.48% -2.83% 5.64%
Operating Profit $2.471M $3.578M $26.06M
YoY Change -90.62% -86.27% -3.87%
Interest Expense -$13.20M -$8.000M -$12.00M
YoY Change 50.0% -33.33% 122.22%
% of Operating Profit -534.2% -223.59% -46.05%
Other Income/Expense, Net
YoY Change
Pretax Income $11.30M $17.90M $14.10M
YoY Change -35.69% 26.97% -34.95%
Income Tax $1.000K
% Of Pretax Income 0.01%
Net Earnings $11.28M $17.87M -$9.700M
YoY Change -35.78% -284.18% -144.77%
Net Earnings / Revenue 20.17% 31.46% -16.76%
Basic Earnings Per Share $2.20 $3.49 -$1.90
Diluted Earnings Per Share $2.20 $3.49 -$1.90
COMMON SHARES
Basic Shares Outstanding 5.107M shares 5.107M shares 5.107M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $301.9M $326.1M $349.0M
YoY Change -6.9% -6.55% 2.35%
Cash & Equivalents $283.9M $302.9M $319.0M
Short-Term Investments $17.93M $23.20M $29.99M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $4.700M $5.200M $2.900M
Other Receivables $167.5M $168.1M $173.3M
Total Short-Term Assets $456.1M $476.2M $495.2M
YoY Change -2.85% -3.84% 1.68%
LONG-TERM ASSETS
Property, Plant & Equipment $728.2M $732.1M $748.1M
YoY Change -1.74% -2.14% -3.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.90M $23.20M $227.8M
YoY Change -92.13% -89.82% 560.29%
Other Assets $46.60M $50.10M $131.8M
YoY Change -5.86% -61.99% -0.75%
Total Long-Term Assets $820.4M $819.5M $1.122B
YoY Change -22.22% -26.96% 17.26%
TOTAL ASSETS
Total Short-Term Assets $456.1M $476.2M $495.2M
Total Long-Term Assets $820.4M $819.5M $1.122B
Total Assets $1.276B $1.296B $1.617B
YoY Change -16.26% -19.88% 12.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.90M $38.90M $38.00M
YoY Change -33.41% 2.37% -2.81%
Accrued Expenses $5.100M $5.300M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.40M $45.60M $38.70M
YoY Change -13.95% 17.83% -2.27%
LONG-TERM LIABILITIES
Long-Term Debt $968.4M $967.1M $1.241B
YoY Change -16.7% -22.05% 17.93%
Other Long-Term Liabilities $3.000M $3.000M $26.70M
YoY Change -77.1% -88.76% 820.69%
Total Long-Term Liabilities $971.4M $970.1M $1.267B
YoY Change -17.38% -23.45% 20.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.40M $45.60M $38.70M
Total Long-Term Liabilities $971.4M $970.1M $1.267B
Total Liabilities $1.008B $1.016B $1.306B
YoY Change -17.26% -22.22% 19.32%
SHAREHOLDERS EQUITY
Retained Earnings $231.5M $243.3M $275.0M
YoY Change -14.1% -11.53% -10.99%
Common Stock $5.173M $5.173M $5.173M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $368.0K $368.0K $368.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 66.16K shares 66.16K shares 66.16K shares
Shareholders Equity $268.6M $279.9M $311.3M
YoY Change
Total Liabilities & Shareholders Equity $1.276B $1.296B $1.617B
YoY Change -16.26% -19.88% 12.0%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $11.28M $17.87M -$9.700M
YoY Change -35.78% -284.18% -144.77%
Depreciation, Depletion And Amortization $9.200M $9.118M $9.596M
YoY Change -8.91% -4.98% 11.99%
Cash From Operating Activities $2.700M $48.08M $36.80M
YoY Change -181.82% 30.66% -11.54%
INVESTING ACTIVITIES
Capital Expenditures -$3.100M -$1.800M -$600.0K
YoY Change 158.33% 200.0% -62.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $800.0K
YoY Change -100.0% -100.0%
Cash From Investing Activities -$3.100M -$1.816M $100.0K
YoY Change 675.0% -1916.0% -106.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00 $971.0K
YoY Change -100.0% 7.77%
Cash From Financing Activities -23.10M -$23.03M -24.00M
YoY Change -77.44% -4.05% 6.19%
NET CHANGE
Cash From Operating Activities 2.700M $48.08M 36.80M
Cash From Investing Activities -3.100M -$1.816M 100.0K
Cash From Financing Activities -23.10M -$23.03M -24.00M
Net Change In Cash -23.50M $23.24M 12.90M
YoY Change -77.85% 80.15% -25.86%
FREE CASH FLOW
Cash From Operating Activities $2.700M $48.08M $36.80M
Capital Expenditures -$3.100M -$1.800M -$600.0K
Free Cash Flow $5.800M $49.88M $37.40M
YoY Change -376.19% 33.38% -13.43%

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-1816000 USD
CY2018Q1 alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
628000 USD
CY2019Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
0 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-13558000 USD
CY2019Q1 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
710000 USD
CY2018Q1 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-1778000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7717000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5030000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-151000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-39000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
48083000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
36805000 USD
CY2019Q1 alx Payments For Capital Improvements And Construction In Process
PaymentsForCapitalImprovementsAndConstructionInProcess
1816000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
125000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
971000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23028000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23022000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-23028000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-23993000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
23239000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
12937000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
393279000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
312734000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
406216000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
283056000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
307536000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6439000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
85743000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
393279000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
302944000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
319026000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9790000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
87190000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
312734000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
406216000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
8965000 USD
CY2018Q1 alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress
0 USD
CY2019Q1 alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
829000 USD
CY2018Q1 alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
1028000 USD
CY2018Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
23797000 USD
CY2018Q1 alx Additional Real Estate Transfer Tax
AdditionalRealEstateTransferTax
15874000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
8356000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5428000 USD
CY2018Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q1 alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress
1466000 USD
CY2019Q1 alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
0 USD
CY2018Q1 alx Write Off Of Fully Amortized And Depreciated Assets
WriteOffOfFullyAmortizedAndDepreciatedAssets
11223000 USD
CY2019Q1 us-gaap Nature Of Operations
NatureOfOperations
Organization<span style="font-family:inherit;font-size:10pt;">Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO). We have </span><span style="font-family:inherit;font-size:10pt;"><span>seven</span></span> properties in the greater New York City metropolitan area.
CY2019Q1 us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements are unaudited and include the accounts of Alexander’s and its consolidated subsidiaries. All intercompany amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission (the “SEC”) and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have made 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 periods. Actual results could differ from those estimates. The results of operations for the three months ended March 31, 2019 are not necessarily indicative of the operating results for the full year.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. On December 12, 2018, we refinanced this mortgage loan and the interest rate on the existing loan participation was adjusted to equal the interest rate on the refinanced loan. Consequently, we should have considered </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> of the Rego Park II shopping center mortgage loan liability extinguished as the participation interest is considered the reacquisition of our debt. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” This reclassification had no impact to our consolidated statements of income, comprehensive income, changes in equity, or cash flows for the three months ending March 31, 2018.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year balances have been reclassified in order to conform to the current period presentation. For the three months ended March 31, 2018, “property rentals” and “expense reimbursements” of </span><span style="font-family:inherit;font-size:10pt;"><span>$38,241,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$19,639,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, were grouped into “rental revenues” on our consolidated statement of income in accordance with Accounting Standards Codification (“ASC”) Topic 205 </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial Statements</span><span style="font-family:inherit;font-size:10pt;">. </span></div><span style="font-family:inherit;font-size:10pt;">We operate in </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span> reportable segment.
CY2019Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
138784000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
131647000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
120450000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
111532000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
111962000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
671111000 USD
CY2019Q1 alx Lessee Operating Lease Number Of Extension Options
LesseeOperatingLeaseNumberOfExtensionOptions
1 option
CY2019Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P10Y
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4928000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5284000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0420
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
600000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
800000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
800000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
800000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
800000 USD
CY2019Q1 alx Lessee Operating Lease Liability Payments Duein Year Six
LesseeOperatingLeaseLiabilityPaymentsDueinYearSix
800000 USD
CY2019Q1 alx Lessee Operating Lease Liability Payments Dueafter Year Six
LesseeOperatingLeaseLiabilityPaymentsDueafterYearSix
1600000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6200000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
916000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5284000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2467000 USD
CY2019Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
186000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
200000 USD
CY2019Q1 alx Insurance Maximum Coverage Per Incident
InsuranceMaximumCoveragePerIncident
300000000 USD
CY2019Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1030000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17865000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
14097000 USD
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-23797000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
17865000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-9700000 USD
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5117347 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5115982 shares
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
3.49
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
2.75
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-4.65
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
3.49
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.90

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