2022 Q1 Form 10-Q Financial Statement

#000000684522000003 Filed on January 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $328.0M $334.2M $325.8M
YoY Change 6.27% 6.58% 1.98%
Cost Of Revenue $228.1M $269.5M $277.8M
YoY Change -2.4% 10.47% 14.18%
Gross Profit $99.87M $64.68M $48.00M
YoY Change 33.34% -7.05% -36.99%
Gross Profit Margin 30.45% 19.35% 14.73%
Selling, General & Admin $70.93M $46.97M $51.07M
YoY Change 1.05% 136.8% -3.59%
% of Gross Profit 71.03% 72.62% 106.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.64M $12.55M $12.83M
YoY Change -13.13% -1.22% 0.22%
% of Gross Profit 11.66% 19.4% 26.72%
Operating Expenses $72.83M $46.97M $51.07M
YoY Change 0.88% 136.8% -3.59%
Operating Profit $27.03M $17.71M -$3.068M
YoY Change 901.26% -64.4% -113.22%
Interest Expense -$929.0K $528.0K $1.072M
YoY Change 364.5% -64.85% -19.03%
% of Operating Profit -3.44% 2.98%
Other Income/Expense, Net -$1.143M -$3.057M $105.0K
YoY Change -242.88% -747.67% -91.67%
Pretax Income -$10.71M $14.13M -$4.035M
YoY Change -79.9% -71.01% -117.43%
Income Tax $5.562M $3.068M -$1.919M
% Of Pretax Income 21.72%
Net Earnings -$16.27M $11.06M -$2.116M
YoY Change -61.62% -70.34% -111.98%
Net Earnings / Revenue -4.96% 3.31% -0.65%
Basic Earnings Per Share $0.44 -$0.08
Diluted Earnings Per Share -$672.9K $0.44 -$0.08
COMMON SHARES
Basic Shares Outstanding 24.87M shares 24.96M shares 25.14M shares
Diluted Shares Outstanding 25.31M shares 25.14M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $37.58M $78.27M $61.82M
YoY Change -20.54% 41.29% 225.37%
Cash & Equivalents $37.58M $78.27M $61.82M
Short-Term Investments
Other Short-Term Assets $20.82M $19.84M $18.31M
YoY Change -17.38% 37.76% -30.38%
Inventory $80.49M $75.44M $76.60M
Prepaid Expenses
Receivables $168.6M $165.0M $160.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $337.9M $366.9M $343.9M
YoY Change -3.64% 6.14% 10.32%
LONG-TERM ASSETS
Property, Plant & Equipment $250.0M $254.8M $273.0M
YoY Change -16.23% -15.64% -13.15%
Goodwill $130.1M $129.9M $130.4M
YoY Change 0.0% -32.64% -32.29%
Intangibles $72.48M $123.6M $126.6M
YoY Change -44.27% -9.71% -8.08%
Long-Term Investments
YoY Change
Other Assets $49.48M $46.79M $50.45M
YoY Change 5.35% 2.64% 13.33%
Total Long-Term Assets $550.0M $615.2M $632.6M
YoY Change -17.23% -16.9% -14.84%
TOTAL ASSETS
Total Short-Term Assets $337.9M $366.9M $343.9M
Total Long-Term Assets $550.0M $615.2M $632.6M
Total Assets $887.9M $982.1M $976.5M
YoY Change -12.53% -9.57% -7.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.10M $81.00M $79.17M
YoY Change 20.87% 16.17% 19.64%
Accrued Expenses $86.47M $83.01M $69.79M
YoY Change -0.26% 5.34% -11.77%
Deferred Revenue $8.659M $18.46M $20.83M
YoY Change -62.0% -28.86% -12.3%
Short-Term Debt $0.00 $150.0M $150.0M
YoY Change -100.0% 0.0% 0.0%
Long-Term Debt Due $1.000M $1.000M $1.000M
YoY Change -50.0% -50.0% -99.34%
Total Short-Term Liabilities $232.9M $217.9M $199.6M
YoY Change 7.08% 2.92% -44.82%
LONG-TERM LIABILITIES
Long-Term Debt $162.0M $162.0M $162.0M
YoY Change -0.61% -2.68% 933.69%
Other Long-Term Liabilities $44.58M $58.11M $66.66M
YoY Change -34.9% -28.49% -17.38%
Total Long-Term Liabilities $206.6M $220.1M $228.7M
YoY Change -10.76% -11.15% 137.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $232.9M $217.9M $199.6M
Total Long-Term Liabilities $206.6M $220.1M $228.7M
Total Liabilities $439.5M $438.0M $428.3M
YoY Change -2.12% -4.66% -6.51%
SHAREHOLDERS EQUITY
Retained Earnings $254.8M $336.8M $336.4M
YoY Change -28.67% -18.79% -14.75%
Common Stock $7.901M $8.409M $8.465M
YoY Change -7.82% -2.83% -4.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $386.2M $473.9M $476.6M
YoY Change
Total Liabilities & Shareholders Equity $887.9M $982.1M $976.5M
YoY Change -12.53% -9.57% -7.4%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income -$16.27M $11.06M -$2.116M
YoY Change -61.62% -70.34% -111.98%
Depreciation, Depletion And Amortization $11.64M $12.55M $12.83M
YoY Change -13.13% -1.22% 0.22%
Cash From Operating Activities $14.18M $31.38M $48.02M
YoY Change -33.74% -10.84% -21.66%
INVESTING ACTIVITIES
Capital Expenditures -$8.771M -$2.949M -$5.416M
YoY Change -3.62% 1.69% -3.29%
Acquisitions
YoY Change
Other Investing Activities $29.70M $65.00K $801.0K
YoY Change 2021.5% -99.72% 701.0%
Cash From Investing Activities $20.93M -$2.884M -$4.615M
YoY Change -375.39% -113.93% -16.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -76.58M -11.78M -17.96M
YoY Change 244.95% -39.91% -63.2%
NET CHANGE
Cash From Operating Activities 14.18M 31.38M 48.02M
Cash From Investing Activities 20.93M -2.884M -4.615M
Cash From Financing Activities -76.58M -11.78M -17.96M
Net Change In Cash -41.47M 16.72M 25.45M
YoY Change 393.67% -53.93% 263.56%
FREE CASH FLOW
Cash From Operating Activities $14.18M $31.38M $48.02M
Capital Expenditures -$8.771M -$2.949M -$5.416M
Free Cash Flow $22.95M $34.33M $53.44M
YoY Change -24.75% -9.89% -20.12%

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us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Contract With Customer Liability Revenue Recognized
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CY2020Q4 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
4016000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
12568000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
10545000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
863100000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
547110000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
247753000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
68209000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
863072000 USD
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
43436000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36681000 USD
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
17532000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18932000 USD
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14469000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
17210000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
75437000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
72823000 USD
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
10889000 USD
CY2021Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
12298000 USD
CY2021Q4 apog Acquired Contract Liabilities Current
AcquiredContractLiabilitiesCurrent
904000 USD
CY2021Q1 apog Acquired Contract Liabilities Current
AcquiredContractLiabilitiesCurrent
4572000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
8727000 USD
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
7459000 USD
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
9431000 USD
CY2021Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
6482000 USD
CY2021Q4 apog Accrued Freight
AccruedFreight
1931000 USD
CY2021Q1 apog Accrued Freight
AccruedFreight
1477000 USD
CY2021Q4 apog Additional Other Liabilities Current
AdditionalOtherLiabilitiesCurrent
25704000 USD
CY2021Q1 apog Additional Other Liabilities Current
AdditionalOtherLiabilitiesCurrent
20895000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
57586000 USD
CY2021Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
53183000 USD
CY2021Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
9165000 USD
CY2021Q1 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
15717000 USD
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
7575000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
7730000 USD
CY2021Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
12682000 USD
CY2021Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
13507000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4773000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8310000 USD
CY2021Q4 apog Deferred Payroll Taxes Long Term Cares Act
DeferredPayrollTaxesLongTermCARESAct
6789000 USD
CY2021Q1 apog Deferred Payroll Taxes Long Term Cares Act
DeferredPayrollTaxesLongTermCARESAct
6789000 USD
CY2021Q4 apog Additional Other Liabilities Noncurrent
AdditionalOtherLiabilitiesNoncurrent
17128000 USD
CY2021Q1 apog Additional Other Liabilities Noncurrent
AdditionalOtherLiabilitiesNoncurrent
16430000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
58112000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
68483000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1011000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1024000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
9536000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
9716000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
990000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
973000 USD
CY2021Q4 apog Availableforsale Securities Debt Maturities After Fifteen Years Amortized Cost Basis
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsAmortizedCostBasis
800000 USD
CY2021Q4 apog Availableforsale Securities Debt Maturities After Fifteen Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsFairValue
814000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
12337000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
12527000 USD
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
58482000 USD
CY2021Q4 apog Shortterm Investments Municipal And Corporate Bonds
ShorttermInvestmentsMunicipalAndCorporateBonds
12527000 USD
CY2021Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
18839000 USD
CY2021Q4 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
14140000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
446000 USD
CY2021Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
26034000 USD
CY2021Q1 apog Shortterm Investments Municipal And Corporate Bonds
ShorttermInvestmentsMunicipalAndCorporateBonds
12893000 USD
CY2021Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
18632000 USD
CY2021Q1 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
13507000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
185516000 USD
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
6315000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
63769000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2036000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
130098000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
166000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
129932000 USD
CY2021Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
6300000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
164799000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80500000 USD
CY2021Q4 apog Finite Lived Identifiable Intangible Assets Foreign Currency Translation Adjustment
FiniteLivedIdentifiableIntangibleAssetsForeignCurrencyTranslationAdjustment
-507000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
83792000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
204631000 USD
CY2021Q4 apog Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
80500000 USD
CY2021Q4 apog Intangible Assets Foreign Currency Translation
IntangibleAssetsForeignCurrencyTranslation
-578000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
123553000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
160940000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
74677000 USD
CY2021Q1 apog Finite Lived Identifiable Intangible Assets Foreign Currency Translation Adjustment
FiniteLivedIdentifiableIntangibleAssetsForeignCurrencyTranslationAdjustment
3958000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
90221000 USD
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
206240000 USD
CY2021Q1 apog Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
74677000 USD
CY2021Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
6300000 USD
CY2021Q1 apog Intangible Assets Foreign Currency Translation
IntangibleAssetsForeignCurrencyTranslation
4790000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
130053000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5600000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2075000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
8262000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8082000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7638000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7621000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
150000000 USD
CY2021Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
150000000 USD
apog Repayment Recovery Zone Facility Bonds
RepaymentRecoveryZoneFacilityBonds
1000000 USD
us-gaap Interest Paid
InterestPaid
2700000 USD
us-gaap Interest Paid
InterestPaid
3700000 USD
CY2021Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3422000 USD
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3477000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10321000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10329000 USD
CY2021Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
357000 USD
CY2020Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
472000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
821000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1384000 USD
CY2021Q4 us-gaap Variable Lease Cost
VariableLeaseCost
725000 USD
CY2020Q4 us-gaap Variable Lease Cost
VariableLeaseCost
678000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
2182000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
2071000 USD
CY2021Q4 us-gaap Lease Cost
LeaseCost
4504000 USD
CY2020Q4 us-gaap Lease Cost
LeaseCost
4627000 USD
us-gaap Lease Cost
LeaseCost
13324000 USD
us-gaap Lease Cost
LeaseCost
13784000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
10744000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
10233000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3107000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
19623000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0288
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0318
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3501000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13563000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11261000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9915000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7903000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6395000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6721000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
59259000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3817000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
55442000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1200000000 USD
CY2021Q4 apog Companies Backlog Related To Sales
CompaniesBacklogRelatedToSales
448000000.0 USD
CY2021Q1 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
14999000 USD
CY2020Q1 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
15629000 USD
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
6678000 USD
us-gaap Extended Product Warranty Accrual Warranties Issued
ExtendedProductWarrantyAccrualWarrantiesIssued
4175000 USD
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
8686000 USD
us-gaap Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
4071000 USD
CY2021Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
12991000 USD
CY2020Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
15733000 USD
CY2021Q4 apog Project Related Liability
ProjectRelatedLiability
900000 USD
CY2021Q1 apog Project Related Liability
ProjectRelatedLiability
4600000 USD
CY2021Q4 us-gaap Purchase Obligation
PurchaseObligation
239500000 USD
apog Gross Proceeds From New Markets Tax Credit Transaction
GrossProceedsFromNewMarketsTaxCreditTransaction
15800 USD
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
3600 USD
apog New Markets Tax Credit Transaction Benefit Net
NewMarketsTaxCreditTransactionBenefitNet
12200 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6200000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4100000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
84336 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
23.04
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
370800 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
633700 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.04
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.04
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y7M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4694328 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
370800 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
23.04
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y7M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
4694328 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1500000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2300000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
1800000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
475227 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
27.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
235028 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
35.48
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
185329 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
30.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
23306 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
29.68
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
501620 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
30.10
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
11000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4000000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3800000 USD
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24957000 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25883000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25166000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26068000 shares
CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
352000 shares
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
342000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
293000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
282000 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25309000 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26225000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25459000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26350000 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
159000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
238000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
334217000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
313583000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
986020000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
922162000 USD
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
17710000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
49750000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
30684000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
79433000 USD
CY2021Q4 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
3400000 USD
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
24200000 USD
CY2021Q4 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
3419000 USD
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
24233000 USD
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
4574000 USD
CY2021Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
1311000 USD
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
3263000 USD
us-gaap Restructuring Charges
RestructuringCharges
4089000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
3798000 USD
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-269000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
3285000 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
3285000 USD

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