2020 Q4 Form 10-K Financial Statement

#000156459021017113 Filed on March 31, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $140.7M $117.4M $104.6M
YoY Change 7.83% -5.96% -7.56%
Cost Of Revenue $90.10M $74.20M $64.20M
YoY Change 7.26% -4.13% -10.15%
Gross Profit $50.64M $43.27M $40.31M
YoY Change 8.81% -8.84% -3.23%
Gross Profit Margin 35.98% 36.84% 38.55%
Selling, General & Admin $38.00M $32.10M $27.50M
YoY Change 11.11% -9.07% -3.51%
% of Gross Profit 75.04% 74.19% 68.23%
Research & Development $7.400M $6.600M $6.100M
YoY Change 21.31% 22.22% -11.59%
% of Gross Profit 14.61% 15.25% 15.13%
Depreciation & Amortization $5.320M $1.878M $1.839M
YoY Change 12.0% 19.54% 16.61%
% of Gross Profit 10.51% 4.34% 4.56%
Operating Expenses $45.50M $38.80M $33.60M
YoY Change 12.9% -4.67% -4.98%
Operating Profit $5.138M $4.483M $6.706M
YoY Change -17.61% -33.94% 6.6%
Interest Expense -$700.0K $1.022M -$1.300M
YoY Change -56.25% -50.63% -167.53%
% of Operating Profit -13.62% 22.8% -19.39%
Other Income/Expense, Net
YoY Change
Pretax Income $9.200M $3.461M $5.500M
YoY Change 100.0% -26.61% 25.97%
Income Tax $1.200M $492.0K $1.565M
% Of Pretax Income 13.04% 14.22% 28.45%
Net Earnings $7.908M $2.927M $3.887M
YoY Change 130.15% -7.17% 25.14%
Net Earnings / Revenue 5.62% 2.49% 3.72%
Basic Earnings Per Share $0.27 $0.10 $0.13
Diluted Earnings Per Share $0.26 $0.10 $0.13
COMMON SHARES
Basic Shares Outstanding 29.50M 29.41M
Diluted Shares Outstanding 29.97M 29.85M

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.90M $9.600M $8.600M
YoY Change 140.91% 62.71% 36.51%
Cash & Equivalents $15.92M $9.581M $8.600M
Short-Term Investments
Other Short-Term Assets $10.50M $10.70M $12.50M
YoY Change 0.0% 0.0% 6.84%
Inventory $163.8M $176.3M $181.0M
Prepaid Expenses $10.50M $10.74M
Receivables $130.0M $145.4M $123.4M
Other Receivables $6.969M $9.064M $11.30M
Total Short-Term Assets $330.3M $353.0M $336.8M
YoY Change -1.77% -1.11% -1.78%
LONG-TERM ASSETS
Property, Plant & Equipment $65.38M $59.80M $59.16M
YoY Change 15.68% 8.08% -10.5%
Goodwill $52.11M $40.74M
YoY Change 11.64% 5.99%
Intangibles $197.5M
YoY Change -0.38%
Long-Term Investments
YoY Change
Other Assets $20.08M $18.93M $19.80M
YoY Change -5.23% -13.22% -14.29%
Total Long-Term Assets $350.0M $322.7M $324.5M
YoY Change 4.83% -0.49% 0.5%
TOTAL ASSETS
Total Short-Term Assets $330.3M $353.0M $336.8M
Total Long-Term Assets $350.0M $322.7M $324.5M
Total Assets $680.3M $675.7M $661.3M
YoY Change 1.52% -0.82% -0.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $59.25M $61.28M $52.60M
YoY Change -8.67% -8.81% -15.43%
Accrued Expenses $45.44M $67.75M $65.00M
YoY Change -4.73% 8.57% 20.59%
Deferred Revenue $43.61M $5.689M $4.347M
YoY Change 538.9% 1445.92%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $171.3M $150.5M $131.8M
YoY Change 23.58% 5.12% 1.93%
LONG-TERM LIABILITIES
Long-Term Debt $107.4M $149.4M $159.4M
YoY Change -27.78% -9.48% -3.15%
Other Long-Term Liabilities $9.054M $9.087M $16.00M
YoY Change -29.76% -7.35% 45.69%
Total Long-Term Liabilities $116.5M $158.4M $159.4M
YoY Change -27.94% -9.36% 1351.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $171.3M $150.5M $131.8M
Total Long-Term Liabilities $116.5M $158.4M $159.4M
Total Liabilities $319.6M $330.9M $321.7M
YoY Change -1.96% -3.6% -3.09%
SHAREHOLDERS EQUITY
Retained Earnings $288.2M $280.9M
YoY Change 5.13% 3.54%
Common Stock $100.0M $96.61M
YoY Change 6.54% 5.49%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.16M $18.16M
YoY Change 0.0%
Treasury Stock Shares $3.061M $3.061M $3.061M
Shareholders Equity $360.7M $344.8M $339.7M
YoY Change
Total Liabilities & Shareholders Equity $680.3M $675.7M $661.3M
YoY Change 1.52% -0.82% -0.68%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $7.908M $2.927M $3.887M
YoY Change 130.15% -7.17% 25.14%
Depreciation, Depletion And Amortization $5.320M $1.878M $1.839M
YoY Change 12.0% 19.54% 16.61%
Cash From Operating Activities $70.00M $13.51M $19.76M
YoY Change 129.89% 22.37% -267.03%
INVESTING ACTIVITIES
Capital Expenditures -$6.270M -$2.600M -$3.410M
YoY Change 156.97% -21.92% -11.43%
Acquisitions
YoY Change
Other Investing Activities -$15.40M -$50.00K -$5.080M
YoY Change 53.85% -99.34% 10060.0%
Cash From Investing Activities -$21.68M -$2.650M -$8.490M
YoY Change 74.0% -75.6% 117.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.35M -9.070M -9.430M
YoY Change 137.37% -3025.81% -164.37%
NET CHANGE
Cash From Operating Activities 70.00M 13.51M 19.76M
Cash From Investing Activities -21.68M -2.650M -8.490M
Cash From Financing Activities -41.35M -9.070M -9.430M
Net Change In Cash 6.970M 1.790M 1.840M
YoY Change 1122.81% 265.31% -270.37%
FREE CASH FLOW
Cash From Operating Activities $70.00M $13.51M $19.76M
Capital Expenditures -$6.270M -$2.600M -$3.410M
Free Cash Flow $76.27M $16.11M $23.17M
YoY Change 131.89% 12.11% -390.35%

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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
360736000
CY2020 us-gaap Profit Loss
ProfitLoss
15242000
CY2019 us-gaap Profit Loss
ProfitLoss
13601000
CY2018 us-gaap Profit Loss
ProfitLoss
24062000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19902000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18643000
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18891000
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-119000
CY2020 avd Amortization Of Other Long Term Assets
AmortizationOfOtherLongTermAssets
3947000
CY2019 avd Amortization Of Other Long Term Assets
AmortizationOfOtherLongTermAssets
3983000
CY2018 avd Amortization Of Other Long Term Assets
AmortizationOfOtherLongTermAssets
4649000
CY2020 us-gaap Accretion Expense
AccretionExpense
9000
CY2019 us-gaap Accretion Expense
AccretionExpense
72000
CY2018 us-gaap Accretion Expense
AccretionExpense
359000
CY2020 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-300000
CY2019 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-224000
CY2018 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-235000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1002000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1035000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1216000
CY2020 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
250000
CY2019 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-4120000
CY2018 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-6050000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
6561000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
5805000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
969000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2616000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-561000
CY2020 avd Changes In Liabilities For Uncertain Tax Positions Or Unrecognized Tax Benefits
ChangesInLiabilitiesForUncertainTaxPositionsOrUnrecognizedTaxBenefits
2092000
CY2019 avd Changes In Liabilities For Uncertain Tax Positions Or Unrecognized Tax Benefits
ChangesInLiabilitiesForUncertainTaxPositionsOrUnrecognizedTaxBenefits
-263000
CY2018 avd Changes In Liabilities For Uncertain Tax Positions Or Unrecognized Tax Benefits
ChangesInLiabilitiesForUncertainTaxPositionsOrUnrecognizedTaxBenefits
-171000
CY2020 avd Change In Equity Investment Fair Value
ChangeInEquityInvestmentFairValue
717000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-125000
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-209000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-389000
CY2020 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
4657000
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-15559000
CY2019 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
11383000
CY2018 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
22536000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7421000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3817000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
31440000
CY2020 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-287000
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-6855000
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
2655000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-140000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
876000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-186000
CY2020 avd Increase Decrease In Net Operating Lease Liability
IncreaseDecreaseInNetOperatingLeaseLiability
18000
CY2019 avd Increase Decrease In Net Operating Lease Liability
IncreaseDecreaseInNetOperatingLeaseLiability
149000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8124000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7977000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9097000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
36803000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-13355000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5468000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2517000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5797000
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1705000
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-775000
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3600000
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
767000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
89198000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9403000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11658000
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11249000
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
12985000
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
8050000
CY2020 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
1190000
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4014000
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3880000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
19342000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
37972000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
19959000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35795000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-54837000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28009000
CY2020 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-41624000
CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
51900000
CY2018 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
18975000
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
73000
CY2019 avd Payment On Deferred Consideration
PaymentOnDeferredConsideration
850000
CY2020 avd Payments For Proceeds From Repurchase Or Issuance Of Common Stock
PaymentsForProceedsFromRepurchaseOrIssuanceOfCommonStock
-421000
CY2019 avd Payments For Proceeds From Repurchase Or Issuance Of Common Stock
PaymentsForProceedsFromRepurchaseOrIssuanceOfCommonStock
283000
CY2018 avd Payments For Proceeds From Repurchase Or Issuance Of Common Stock
PaymentsForProceedsFromRepurchaseOrIssuanceOfCommonStock
1717000
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2604000
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7287000
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
1168000
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
2323000
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
2199000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43213000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
46406000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11133000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
10190000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
972000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5218000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-848000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-559000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
49000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6581000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6168000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11337000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15923000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6581000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6168000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
5313000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
7121000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
3319000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3881000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9276000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8449000
CY2020 avd Noncash Or Part Noncash Acquisition Deferred Consideration
NoncashOrPartNoncashAcquisitionDeferredConsideration
2630000
CY2019 avd Noncash Or Part Noncash Acquisition Deferred Consideration
NoncashOrPartNoncashAcquisitionDeferredConsideration
3051000
CY2018 avd Noncash Or Part Noncash Acquisition Deferred Consideration
NoncashOrPartNoncashAcquisitionDeferredConsideration
3530000
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
458704000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
454272000
CY2020 us-gaap Gross Profit
GrossProfit
172590000
CY2019 us-gaap Gross Profit
GrossProfit
177354000
CY2018 us-gaap Gross Profit
GrossProfit
182631000
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Reclassifications—<span style="font-weight:normal;font-style:normal;">Certain prior years’ amounts have been reclassified to conform to the current year’s presentation.   </span>
CY2020 us-gaap Selling Expense
SellingExpense
42389000
CY2019 us-gaap Selling Expense
SellingExpense
45121000
CY2018 us-gaap Selling Expense
SellingExpense
39585000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
48828000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46593000
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
42981000
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26310000
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24070000
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26428000
CY2020 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
36812000
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
35349000
CY2018 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
34616000
CY2020 us-gaap Operating Expenses
OperatingExpenses
154339000
CY2019 us-gaap Operating Expenses
OperatingExpenses
151133000
CY2018 us-gaap Operating Expenses
OperatingExpenses
143610000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
4833000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
5520000
CY2018 us-gaap Advertising Expense
AdvertisingExpense
4865000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2868000
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2130000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4536000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2879000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1914000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1192000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1001000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2020000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
149415000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
151917000
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
14369000
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11396000
CY2020Q4 us-gaap Inventory Net
InventoryNet
163784000
CY2019Q4 us-gaap Inventory Net
InventoryNet
163313000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
5662000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
5547000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
5657000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
5398000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6309000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3580000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0381
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0368
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13542000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1177000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
12365000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4188000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8177000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
458704000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
458704000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
468186000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
43611000
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3200000
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
6091000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
43611000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6826000
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5652000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
20043000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 avd Gross Amount Of Unrecognized Tax Benefits Excluding Interest And Penalties Pertaining To Uncertain Tax Positions
GrossAmountOfUnrecognizedTaxBenefitsExcludingInterestAndPenaltiesPertainingToUncertainTaxPositions
3222000
CY2019Q4 avd Gross Amount Of Unrecognized Tax Benefits Excluding Interest And Penalties Pertaining To Uncertain Tax Positions
GrossAmountOfUnrecognizedTaxBenefitsExcludingInterestAndPenaltiesPertainingToUncertainTaxPositions
4395000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
15242000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
13601000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
24195000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29450000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29030000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29326000
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
543000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
626000
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
722000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29993000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29656000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30048000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates—<span style="font-weight:normal;font-style:normal;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities (including those related to litigation), and revenues, at the date that the consolidated financial statements are prepared. Significant estimates relate to the allowance for doubtful accounts, inventory reserves, impairment of long-lived assets, assets acquired, and liabilities assumed in connections with business combinations and asset acquisitions, accrued program costs, and stock-based compensation and income taxes. Actual results could materially differ from those estimates.</span></p>
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1197000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-235000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5641000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-3000
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
534000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
107442000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
148766000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
107900000
CY2020 avd Decrease In Share Based Compensation Expense
DecreaseInShareBasedCompensationExpense
222000
CY2019 avd Decrease In Share Based Compensation Expense
DecreaseInShareBasedCompensationExpense
191000
CY2018 avd Decrease In Share Based Compensation Expense
DecreaseInShareBasedCompensationExpense
358000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
166283000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
151356000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
100901000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
94835000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65382000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56521000
CY2020 us-gaap Depreciation
Depreciation
7466000
CY2019 us-gaap Depreciation
Depreciation
6504000
CY2018 us-gaap Depreciation
Depreciation
8142000
CY2020 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
1400000
CY2019 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
868000
CY2018 us-gaap Property Plant And Equipment Transfers And Changes
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4057000
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CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
3866000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1312000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-3866000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
28000
CY2019 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-96000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
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1244000
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
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2044000
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
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250000
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
16000
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
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CY2020 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
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141000
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
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CY2020Q4 avd Business Combination Deferred Contingent Consideration Recognized Current
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1004000
CY2019Q4 avd Business Combination Deferred Contingent Consideration Recognized Current
BusinessCombinationDeferredContingentConsiderationRecognizedCurrent
1244000
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1464000
CY2020Q4 avd Business Combination Deferred Contingent Consideration Recognized
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1244000
CY2020 us-gaap Share Based Compensation
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CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2019 us-gaap Share Based Compensation
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7160000
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
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CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
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CY2020Q4 us-gaap Earnings Per Share Basic
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CY2020Q2 us-gaap Earnings Per Share Diluted
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EarningsPerShareDiluted
0.26
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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950000
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0.10
CY2019 us-gaap Payments For Repurchase Of Common Stock
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2604000
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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95962000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q1 us-gaap Gross Profit
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38381000
CY2020Q2 us-gaap Gross Profit
GrossProfit
40306000
CY2020Q3 us-gaap Gross Profit
GrossProfit
43265000
CY2020Q4 us-gaap Gross Profit
GrossProfit
50638000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
520000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3887000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
2927000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
7908000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
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EarningsPerShareBasic
0.10
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q1 us-gaap Gross Profit
GrossProfit
41702000
CY2019Q3 us-gaap Gross Profit
GrossProfit
47463000
CY2019Q2 us-gaap Gross Profit
GrossProfit
41653000
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GrossProfit
46536000
CY2019Q1 us-gaap Net Income Loss
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3906000
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CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3153000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
3436000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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0.11
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0.13
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0.11
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EarningsPerShareDiluted
0.11
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12

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