2024 Q1 Form 10-Q Financial Statement

#000148813924000081 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $298.4M $441.4M
YoY Change 10.1% 33.05%
Cost Of Revenue $251.4M $367.2M
YoY Change 13.71% 35.93%
Gross Profit $46.99M $74.18M
YoY Change -5.92% 20.42%
Gross Profit Margin 15.75% 16.81%
Selling, General & Admin $39.56M $36.21M
YoY Change -4.23% -7.1%
% of Gross Profit 84.17% 48.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.38M $18.53M
YoY Change 32.68% 33.84%
% of Gross Profit 39.11% 24.99%
Operating Expenses $39.56M $36.67M
YoY Change -4.23% -6.64%
Operating Profit $7.993M $37.50M
YoY Change -12.14% 68.07%
Interest Expense -$14.24M -$13.20M
YoY Change 97.9% 48.92%
% of Operating Profit -178.09% -35.2%
Other Income/Expense, Net -$14.17M -$2.464M
YoY Change 76.19% -267.96%
Pretax Income -$6.178M $18.01M
YoY Change -686.15% 20.73%
Income Tax $0.00 -$15.08M
% Of Pretax Income -83.75%
Net Earnings -$2.937M $33.71M
YoY Change -366.52% 88.31%
Net Earnings / Revenue -0.98% 7.64%
Basic Earnings Per Share -$0.06
Diluted Earnings Per Share -$0.06 $0.63
COMMON SHARES
Basic Shares Outstanding 52.29M shares
Diluted Shares Outstanding 52.29M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $77.68M $79.27M
YoY Change -56.59% -31.39%
Cash & Equivalents $77.68M $79.27M
Short-Term Investments
Other Short-Term Assets $199.5M $206.4M
YoY Change 113.38% 173.7%
Inventory $13.08M $13.64M
Prepaid Expenses $9.779M $10.70M
Receivables $831.4M $823.4M
Other Receivables $44.01M $74.45M
Total Short-Term Assets $1.126B $1.128B
YoY Change 17.59% 12.69%
LONG-TERM ASSETS
Property, Plant & Equipment $17.17M $17.40M
YoY Change 1.81% 10.75%
Goodwill $75.31M $75.59M
YoY Change -3.21% 7.01%
Intangibles $6.197M $6.808M
YoY Change -28.49% 45.07%
Long-Term Investments $10.93M $18.71M
YoY Change -3.62% 72.35%
Other Assets $104.3M $89.74M
YoY Change 152.35% 132.69%
Total Long-Term Assets $2.677B $2.585B
YoY Change 33.22% 37.85%
TOTAL ASSETS
Total Short-Term Assets $1.126B $1.128B
Total Long-Term Assets $2.677B $2.585B
Total Assets $3.803B $3.714B
YoY Change 28.17% 29.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $437.2M $402.8M
YoY Change 53.17% 15.36%
Accrued Expenses $110.0M $108.8M
YoY Change -4.42% 22.05%
Deferred Revenue $61.27M $52.90M
YoY Change 55.79% 52.04%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $539.2M $322.2M
YoY Change 72.02% -2.79%
Total Short-Term Liabilities $1.162B $901.5M
YoY Change 51.51% 11.01%
LONG-TERM LIABILITIES
Long-Term Debt $1.012B $1.170B
YoY Change 60.14% 105.77%
Other Long-Term Liabilities $88.62M $82.71M
YoY Change 38.04% 67.12%
Total Long-Term Liabilities $88.62M $82.71M
YoY Change 38.04% 67.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.162B $901.5M
Total Long-Term Liabilities $88.62M $82.71M
Total Liabilities $1.251B $984.2M
YoY Change 50.47% 14.23%
SHAREHOLDERS EQUITY
Retained Earnings $592.9M $595.9M
YoY Change 10.91% 11.69%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $904.9M $902.0M
YoY Change
Total Liabilities & Shareholders Equity $3.803B $3.714B
YoY Change 28.17% 29.09%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income -$2.937M $33.71M
YoY Change -366.52% 88.31%
Depreciation, Depletion And Amortization $18.38M $18.53M
YoY Change 32.68% 33.84%
Cash From Operating Activities $20.82M -$29.57M
YoY Change -64.58% -54.59%
INVESTING ACTIVITIES
Capital Expenditures $962.0K $93.61M
YoY Change -41.94% -25.53%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $8.180M -$8.144M
YoY Change -188.72% 814300.0%
Cash From Investing Activities -$103.8M -$101.8M
YoY Change 2.49% -19.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $55.20M
YoY Change 264.11%
Cash From Financing Activities $77.37M 108.4M
YoY Change -27.09% -38.42%
NET CHANGE
Cash From Operating Activities $20.82M -29.57M
Cash From Investing Activities -$103.8M -101.8M
Cash From Financing Activities $77.37M 108.4M
Net Change In Cash -$5.705M -22.92M
YoY Change -108.96% 55.06%
FREE CASH FLOW
Cash From Operating Activities $20.82M -$29.57M
Capital Expenditures $962.0K $93.61M
Free Cash Flow $19.86M -$123.2M
YoY Change -65.24% -35.45%

Facts In Submission

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BASIS OF PRESENTATION<div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying condensed consolidated financial statements of Ameresco, Inc. (including its subsidiaries, the “Company,” “Ameresco,” “we,” “our,” or “us”) are unaudited, according to certain rules and regulations of the Securities and Exchange Commission, and include, in our opinion, normal recurring adjustments necessary for a fair presentation in conformity with accounting principles generally accepted in the United States (“GAAP”) of the results for the periods indicated.</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The results of operations for the three months ended March 31, 2024 are not necessarily indicative of results which may be expected for the full year. The December 31, 2023 consolidated balance sheet data was derived from audited financial statements, but certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. The interim condensed consolidated financial statements and accompanying notes should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended December 31, 2023, included in our annual report on Form </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1488139/000148813924000014/amrc-20231231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">10-K </a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“2023 Form 10-K”) filed with the Securities and Exchange Commission on February 29, 2024.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification and Rounding</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts were reclassified to conform to the presentation in the current period. We round amounts in the condensed consolidated financial statements to thousands and calculate all percentages and per-share data from the underlying whole-dollar amounts. Thus, certain amounts may not foot, crossfoot, or recalculate based on reported numbers due to rounding.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Significant Risks and Uncertainties</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Global factors have continued to result in global supply chain disruptions and inflationary pressures.</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have considered the impact of general global economic conditions on the assumptions and estimates used, which may change in response to this evolving situation. Results of future operations and liquidity could be adversely impacted by a number of factors including supply chain disruptions, varying levels of inflation, payments of outstanding receivable amounts beyond normal payment terms, workforce disruptions, and uncertain demand. As of the date of issuance of these condensed consolidated financial statements, we cannot reasonably estimate the extent to which macroeconomic conditions may impact our financial condition, liquidity, or results of operations in the foreseeable future. The ultimate impact of the pandemic and general global economic conditions on our business is highly uncertain and will depend on future developments, and such impacts could exist for an extended period of time, even after the pandemic subsides.</span></div>
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification and Rounding</span></div><div style="margin-bottom:9pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts were reclassified to conform to the presentation in the current period. We round amounts in the condensed consolidated financial statements to thousands and calculate all percentages and per-share data from the underlying whole-dollar amounts. Thus, certain amounts may not foot, crossfoot, or recalculate based on reported numbers due to rounding.</span></div>
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CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
526000 usd
CY2024Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
392000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
444000 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
3974000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
3090000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4932000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1852000 usd
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12736000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1319000 usd
CY2024Q1 amrc Operating Lease Liability Non Monetary Lease Transactions
OperatingLeaseLiabilityNonMonetaryLeaseTransactions
10378000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
12766000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2207000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12403000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2213000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7093000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2054000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6006000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1922000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5061000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1955000 usd
CY2024Q1 amrc Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
61421000 usd
CY2024Q1 amrc Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
15935000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
104750000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
26286000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
39820000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
12388000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
64930000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
13898000 usd
CY2024Q1 amrc Number Of Lease Liabilities
NumberOfLeaseLiabilities
6 lease_liability
CY2024Q1 amrc Sale Leaseback Transaction Net Amortization Expense
SaleLeasebackTransactionNetAmortizationExpense
57000 usd
CY2023Q1 amrc Sale Leaseback Transaction Net Amortization Expense
SaleLeasebackTransactionNetAmortizationExpense
57000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
13898000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
13928000 usd
CY2024Q1 amrc Long Term Debt And Capital Lease Obligations Gross
LongTermDebtAndCapitalLeaseObligationsGross
1571298000 usd
CY2023Q4 amrc Long Term Debt And Capital Lease Obligations Gross
LongTermDebtAndCapitalLeaseObligationsGross
1514304000 usd
CY2024Q1 amrc Long Term Debt And Finance Lease Obligations Current
LongTermDebtAndFinanceLeaseObligationsCurrent
539201000 usd
CY2023Q4 amrc Long Term Debt And Finance Lease Obligations Current
LongTermDebtAndFinanceLeaseObligationsCurrent
322247000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
20521000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
21982000 usd
CY2024Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1011576000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1170075000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-503000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.477
CY2021Q4 us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
89000000 usd
CY2024Q1 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
89000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1465000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4158000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
347000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
3040000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1465000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1465000 usd
CY2024Q1 amrc Number Of Joint Ventures
NumberOfJointVentures
1 joint_venture
CY2024Q1 amrc Number Of Equity Method Investments Disposed Of
NumberOfEquityMethodInvestmentsDisposedOf
1 equity_investment
CY2024Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
12956000 usd
CY2024Q1 us-gaap Equity Method Investments
EquityMethodInvestments
10927000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
18709000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-2937000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1102000 usd
CY2024Q1 amrc Adjustment For Accretion Of Tax Equity Financing Fees
AdjustmentForAccretionOfTaxEquityFinancingFees
27000 usd
CY2023Q1 amrc Adjustment For Accretion Of Tax Equity Financing Fees
AdjustmentForAccretionOfTaxEquityFinancingFees
27000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2964000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1075000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52289000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51963000 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1298000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52289000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53261000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2676000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1901000 shares
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3026000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4037000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
33866000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
298406000 usd
CY2024Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
2359000 usd
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-9072000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18378000 usd
CY2024Q1 amrc Income Before Income Taxes And Unallocated Corporate Expenses
IncomeBeforeIncomeTaxesAndUnallocatedCorporateExpenses
15965000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
271042000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-163000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-4353000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13852000 usd
CY2023Q1 amrc Income Before Income Taxes And Unallocated Corporate Expenses
IncomeBeforeIncomeTaxesAndUnallocatedCorporateExpenses
19897000 usd
CY2024Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2359000 usd
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-163000 usd
CY2024Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-14235000 usd
CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7193000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
982000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
790000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1132000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
157000 usd
CY2024Q1 amrc Government Incentives
GovernmentIncentives
-12000 usd
CY2023Q1 amrc Government Incentives
GovernmentIncentives
-54000 usd
CY2024Q1 amrc Servicing Asset Factoring Fees
ServicingAssetFactoringFees
169000 usd
CY2023Q1 amrc Servicing Asset Factoring Fees
ServicingAssetFactoringFees
0 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14171000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8043000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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