$APEI
AMERICAN PUBLIC EDUCATION INC

2020 Q4 Form 10-Q Financial Statement

#000120179220000016 Filed on November 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $85.91M $79.13M $67.89M
YoY Change 15.5% 16.56% -6.99%
Cost Of Revenue $31.10M $31.08M $27.27M
YoY Change 11.03% 13.99% -3.26%
Gross Profit $54.81M $48.05M $40.62M
YoY Change 18.2% 18.29% -9.34%
Gross Profit Margin 63.8% 60.72% 59.83%
Selling, General & Admin $41.95M $41.10M $37.89M
YoY Change 23.78% 8.45% 13.33%
% of Gross Profit 76.54% 85.53% 93.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.020M $3.230M $3.770M
YoY Change -21.35% -14.32% -12.12%
% of Gross Profit 5.51% 6.72% 9.28%
Operating Expenses $44.98M $41.10M $37.89M
YoY Change 19.22% 8.45% 13.33%
Operating Profit $9.830M $3.308M -$2.913M
YoY Change 13.77% -213.56% -142.32%
Interest Expense $90.00K $121.0K $1.019M
YoY Change -87.14% -88.13% 31.65%
% of Operating Profit 0.92% 3.66%
Other Income/Expense, Net
YoY Change
Pretax Income $9.805M $3.429M -$1.894M
YoY Change 5.32% -281.05% -124.73%
Income Tax $2.730M $785.0K -$239.0K
% Of Pretax Income 27.84% 22.89%
Net Earnings $7.071M $2.642M -$1.638M
YoY Change 23.64% -261.29% -129.79%
Net Earnings / Revenue 8.23% 3.34% -2.41%
Basic Earnings Per Share $0.48 $0.18 -$0.10
Diluted Earnings Per Share $0.47 $0.18 -$0.10
COMMON SHARES
Basic Shares Outstanding 14.81M shares 14.80M shares 15.97M shares
Diluted Shares Outstanding 15.01M shares 16.12M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $227.7M $228.0M $210.1M
YoY Change 12.33% 8.52% 6.33%
Cash & Equivalents $227.7M $228.0M $210.1M
Short-Term Investments
Other Short-Term Assets $6.500M $7.600M $6.300M
YoY Change -8.45% 20.63% 10.53%
Inventory
Prepaid Expenses $6.472M $7.563M $6.316M
Receivables $17.65M $9.560M $7.942M
Other Receivables $0.00 $2.500M $5.700M
Total Short-Term Assets $251.8M $247.6M $230.0M
YoY Change 12.97% 7.66% 4.68%
LONG-TERM ASSETS
Property, Plant & Equipment $68.43M $70.93M $78.67M
YoY Change -12.82% -9.84% -7.28%
Goodwill $26.56M $26.56M $26.56M
YoY Change 0.0% 0.0% -21.64%
Intangibles $3.721M
YoY Change 0.0%
Long-Term Investments $10.50M $10.50M $10.50M
YoY Change 0.0% 0.0% -12.5%
Other Assets $11.75M $5.197M $5.049M
YoY Change 146.27% 2.93% -33.11%
Total Long-Term Assets $119.2M $122.6M $131.1M
YoY Change -9.68% -6.51% -5.2%
TOTAL ASSETS
Total Short-Term Assets $251.8M $247.6M $230.0M
Total Long-Term Assets $119.2M $122.6M $131.1M
Total Assets $371.0M $370.2M $361.1M
YoY Change 4.54% 2.52% 0.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.757M $4.489M $3.965M
YoY Change 5.95% 13.22% -7.85%
Accrued Expenses $10.97M $10.56M $7.932M
YoY Change 32.61% 33.07% -45.17%
Deferred Revenue $22.10M $25.50M $20.61M
YoY Change 27.01% 23.74% -7.13%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $55.06M $59.79M $45.70M
YoY Change 21.6% 30.85% 11.56%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.500M $7.000M $8.700M
YoY Change -31.58% -19.54%
Total Long-Term Liabilities $0.00 $7.000M $8.700M
YoY Change -100.0% -19.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.06M $59.79M $45.70M
Total Long-Term Liabilities $0.00 $7.000M $8.700M
Total Liabilities $64.09M $72.16M $60.33M
YoY Change 10.19% 19.6% 25.75%
SHAREHOLDERS EQUITY
Retained Earnings $111.2M $104.1M $110.9M
YoY Change 4.93% -6.15% -11.14%
Common Stock $195.7M $193.9M $189.8M
YoY Change 2.61% 2.15% 2.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $306.9M $298.0M $300.8M
YoY Change
Total Liabilities & Shareholders Equity $371.0M $370.2M $361.1M
YoY Change 4.54% 2.52% 0.86%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $7.071M $2.642M -$1.638M
YoY Change 23.64% -261.29% -129.79%
Depreciation, Depletion And Amortization $3.020M $3.230M $3.770M
YoY Change -21.35% -14.32% -12.12%
Cash From Operating Activities $80.00K $12.98M $8.220M
YoY Change -98.76% 57.91% 37.23%
INVESTING ACTIVITIES
Capital Expenditures -$760.0K $1.278M $1.194M
YoY Change -75.56% 7.04% -22.92%
Acquisitions
YoY Change
Other Investing Activities $360.0K $410.0K
YoY Change
Cash From Investing Activities -$400.0K -$870.0K -$1.190M
YoY Change -87.14% -26.89% -33.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -160.0K -17.75M
YoY Change -100.0% -99.1% 8775.0%
NET CHANGE
Cash From Operating Activities 80.00K 12.98M 8.220M
Cash From Investing Activities -400.0K -870.0K -1.190M
Cash From Financing Activities 0.000 -160.0K -17.75M
Net Change In Cash -320.0K 11.95M -10.72M
YoY Change -95.66% -211.47% -368.0%
FREE CASH FLOW
Cash From Operating Activities $80.00K $12.98M $8.220M
Capital Expenditures -$760.0K $1.278M $1.194M
Free Cash Flow $840.0K $11.70M $7.026M
YoY Change -91.19% 66.55% 58.21%

Facts In Submission

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dei Entity Registrant Name
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AMERICAN PUBLIC EDUCATION, INC.
dei Entity Incorporation State Country Code
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DE
dei Entity Tax Identification Number
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111 West Congress Street,
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dei Security12b Title
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us-gaap Deferred Income Taxes And Tax Credits
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us-gaap Gain Loss On Disposition Of Assets
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0 USD
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us-gaap Goodwill Impairment Loss
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us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
807000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
832000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-743000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-4751000 USD
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apei Increase Decrease In Operating Leases Net
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-361000 USD
us-gaap Increase Decrease In Other Operating Assets
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427000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-303000 USD
us-gaap Increase Decrease In Accounts Payable
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943000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5145000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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3031000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3219000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4405000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
8065000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2298000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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44733000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31936000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
412000 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3759000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4151000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15705000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29813000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-15705000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
25269000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202740000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
228009000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210103000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
3062000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5749000 USD
us-gaap Nature Of Operations
NatureOfOperations
Nature of the Business<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">American Public Education, Inc., or APEI, which together with its subsidiaries is referred to as the “Company,” is a provider of online and campus-based postsecondary education to approximately 88,300 students through two subsidiary institutions:</span></div><div><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">American Public University System, Inc., or APUS, provides online postsecondary education directed primarily at the needs of the military, military-affiliated, public service and service-minded communities through American Military University, or AMU, and American Public University, or APU. APUS is institutionally accredited by the Higher Learning Commission, or HLC.</span></div><div style="padding-left:36pt"><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">National Education Seminars, Inc., which is referred to herein as Hondros College of Nursing, or HCN, provides nursing education to students enrolled at five campuses in Ohio, and, beginning in April 2020, to students enrolled at a campus in Indianapolis, Indiana, to serve the needs of the nursing and healthcare communities. HCN is institutionally accredited by the Accrediting Bureau for Health Education Schools, or ABHES. In March 2020, in response to the novel coronavirus COVID-19 global pandemic, HCN, leveraging the expertise of APUS, shifted to a blended model with online delivery of its courses and on campus delivery of certain labs. HCN has since fully reopened its campuses, using smaller in person classes with screening, social distancing and masking requirements while continuing to offer courses in a virtual setting for those that prefer remote course learning. There can be no assurance that HCN will not need to again further limit campus interactions or close its campuses in response to the COVID-19 pandemic or as a result of location regulations. </span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s institutions are licensed or otherwise authorized, or are in the process of obtaining such licenses or authorizations, to offer postsecondary education programs by state authorities to the extent the institutions believe such licenses or authorizations are required, and are certified by the United States Department of Education, or ED, to participate in student financial aid programs authorized under Title IV of the Higher Education Act of 1965, as amended, or Title IV programs.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The Company’s operations are organized into two reportable segments:</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">American Public Education Segment, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">or</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> APEI Segment.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This segment reflects the operational activities at APUS, other corporate activities, and minority investments.</span></div><div><span><br/></span></div><div style="padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:14.5pt">Hondros College of Nursing Segment, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">or</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> HCN Segment.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> This segment reflects the operational activities of HCN.</span></div>
apei Number Of Students
NumberOfStudents
88300 student
apei Number Of Subsidiaries
NumberOfSubsidiaries
2 subsidiary
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing financial statements in conformity with GAAP, the Company is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The Company evaluates these estimates and judgments on an ongoing basis and bases its estimates on experience, current and expected future conditions, and various other assumptions that the Company believes are reasonable under the circumstances. Actual results may differ from these estimates under different assumptions or conditions, and the impact of such differences may be material to the Company’s Consolidated Financial Statements.</span></div>
CY2020Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
1600000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1300000 USD
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2019Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
apei Sharebased Compensation Arrangement By Sharebased Payment Award Accelerated Service Period
SharebasedCompensationArrangementBySharebasedPaymentAwardAcceleratedServicePeriod
P1Y
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1942000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1712000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5265000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5031000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
79133000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67888000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
235876000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211889000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25500000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17400000 USD
CY2020Q3 apei Contract With Customer Receivable Revenue Recognized
ContractWithCustomerReceivableRevenueRecognized
4900 USD
apei Contract With Customer Receivable Revenue Recognized
ContractWithCustomerReceivableRevenueRecognized
13520 USD
CY2019Q3 apei Contract With Customer Receivable Revenue Recognized
ContractWithCustomerReceivableRevenueRecognized
3200 USD
apei Contract With Customer Receivable Revenue Recognized
ContractWithCustomerReceivableRevenueRecognized
11400 USD
us-gaap Variable Lease Payment
VariableLeasePayment
0 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
700000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
2200000 USD
CY2019Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
600000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
1900000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
700000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
2200000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1800000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
741000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2791000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2465000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1709000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
928000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
498000 USD
CY2020Q3 apei Lessee Operating Lease Liability To Be Paid Due After Year Five
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFive
1742000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10874000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1403000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
9471000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2474000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6997000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
9471000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14797000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15967000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14870000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16335000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
214000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
154000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
151000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
152000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15011000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16121000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15021000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16487000 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
76237 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12774 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
108938 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
37738 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
79133000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67888000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
235876000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211889000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3226000 USD
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3764000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9955000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
11758000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3308000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2913000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
15042000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
4147000 USD
CY2020Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
121000 USD
CY2019Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1019000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1002000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3207000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
785000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-239000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4291000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1596000 USD
CY2020Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1278000 USD
CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1194000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4171000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4151000 USD
CY2020Q3 us-gaap Assets
Assets
370199000 USD
CY2019Q4 us-gaap Assets
Assets
354897000 USD

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