2021 Q3 Form 10-K Financial Statement

#000155837021016314 Filed on November 24, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2021
Revenue $136.9M $129.1M $513.7M
YoY Change 26.51% 38.36% 32.21%
Cost Of Revenue $269.9M $170.9M $269.9M
YoY Change 24.73% 34.01% 24.73%
Gross Profit $66.14M $62.43M $243.8M
YoY Change 25.9% 59.01% 41.63%
Gross Profit Margin 48.3% 48.36% 47.46%
Selling, General & Admin $231.4M $75.88M $252.1M
YoY Change 21.63% 27.08% 32.51%
% of Gross Profit 349.85% 121.55% 103.4%
Research & Development $22.41M $18.28M $22.41M
YoY Change 25.78% 30.56% 25.78%
% of Gross Profit 33.88% 29.29% 9.19%
Depreciation & Amortization $16.65M $17.14M $19.50M
YoY Change -74.58% 2.64% 4.28%
% of Gross Profit 25.17% 27.46% 8.0%
Operating Expenses $253.8M $94.17M $274.9M
YoY Change 21.98% 27.79% 31.69%
Operating Profit -$21.24M -$883.0K -$31.09M
YoY Change 1436.98% -92.67% -15.06%
Interest Expense -$1.405M $477.0K $2.037M
YoY Change -32.94% -41.11% -30.81%
% of Operating Profit
Other Income/Expense, Net -$16.48M -$1.625M -$16.48M
YoY Change 931.62% -426.31% 931.62%
Pretax Income -$48.97M $48.54M -$48.97M
YoY Change 21.54% 157.97% 21.54%
Income Tax -$20.10M $9.400M -$20.10M
% Of Pretax Income 19.37%
Net Earnings $21.81M $39.17M $110.7M
YoY Change -24.74% 185.97% 70.77%
Net Earnings / Revenue 15.92% 30.34% 21.56%
Basic Earnings Per Share $0.29 $0.53 $1.49
Diluted Earnings Per Share $0.29 $0.53 $1.49
COMMON SHARES
Basic Shares Outstanding 74.30M 74.30M 74.23M
Diluted Shares Outstanding 74.50M 74.46M

Balance Sheet

Concept 2021 Q3 2021 Q2 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $227.5M $270.0M $227.5M
YoY Change -9.25% 5.14% -9.25%
Cash & Equivalents $227.4M $269.9M $227.4M
Short-Term Investments $81.00K $101.0K $81.00K
Other Short-Term Assets $354.3M $42.36M $354.3M
YoY Change 40.57% 46.56% 40.57%
Inventory $60.40M $154.7M $60.40M
Prepaid Expenses
Receivables $119.9M $234.1M $135.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $777.4M $717.2M $777.4M
YoY Change 19.7% 19.14% 19.7%
LONG-TERM ASSETS
Property, Plant & Equipment $180.4M $198.7M $180.4M
YoY Change 60.96% 34.61% 60.96%
Goodwill $469.4M $551.3M
YoY Change 3.57% 10.25%
Intangibles
YoY Change
Long-Term Investments $3.598M $3.637M $3.598M
YoY Change 16.03% 25.41% 16.03%
Other Assets $58.07M $85.17M $202.3M
YoY Change 16.64% 48.44% 56.63%
Total Long-Term Assets $1.042B $1.046B $1.042B
YoY Change 14.55% 15.98% 14.55%
TOTAL ASSETS
Total Short-Term Assets $777.4M $717.2M $777.4M
Total Long-Term Assets $1.042B $1.046B $1.042B
Total Assets $1.820B $1.763B $1.820B
YoY Change 16.69% 17.24% 16.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.36M $98.19M $42.36M
YoY Change 64.9% 39.59% 64.9%
Accrued Expenses $139.0M $154.6M $139.0M
YoY Change 90.71% 79.77% 90.71%
Deferred Revenue $25.72M $35.42M
YoY Change -0.2% 13.67%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $360.0K $610.0K $360.0K
YoY Change -56.47% -26.33% -81.65%
Total Short-Term Liabilities $345.1M $311.1M $345.1M
YoY Change 63.46% 51.14% 63.46%
LONG-TERM LIABILITIES
Long-Term Debt $49.68M $49.65M $49.69M
YoY Change 0.18% 0.18% -0.5%
Other Long-Term Liabilities $6.173M $8.440M $86.37M
YoY Change 374.12% -0.35% 29.3%
Total Long-Term Liabilities $55.85M $58.09M $136.1M
YoY Change 9.75% 0.1% 16.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $345.1M $311.1M $345.1M
Total Long-Term Liabilities $55.85M $58.09M $136.1M
Total Liabilities $494.2M $455.4M $494.2M
YoY Change 42.97% 38.4% 42.97%
SHAREHOLDERS EQUITY
Retained Earnings -$470.1M -$484.4M
YoY Change -14.7% -15.41%
Common Stock $1.977B $1.967B
YoY Change 1.71% 1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $13.46M $13.46M
Shareholders Equity $1.325B $1.308B $1.325B
YoY Change
Total Liabilities & Shareholders Equity $1.820B $1.763B $1.820B
YoY Change 16.69% 17.24% 16.69%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2021
OPERATING ACTIVITIES
Net Income $21.81M $39.17M $110.7M
YoY Change -24.74% 185.97% 70.77%
Depreciation, Depletion And Amortization $16.65M $17.14M $19.50M
YoY Change -74.58% 2.64% 4.28%
Cash From Operating Activities $27.11M $44.80M $149.9M
YoY Change -28.4% 71.0% 295.76%
INVESTING ACTIVITIES
Capital Expenditures -$18.20M -$9.075M $52.81M
YoY Change -54.42% -206.76% 32.26%
Acquisitions $93.71M
YoY Change 495.22%
Other Investing Activities $683.0K -$92.38M -$93.54M
YoY Change -96.02% -644.43%
Cash From Investing Activities -$17.52M -$101.5M -$146.3M
YoY Change -22.98% 1079.65% 543.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.812M
YoY Change 26.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.458M -8.123M -25.91M
YoY Change -83.5% 0.28% -4.13%
NET CHANGE
Cash From Operating Activities 27.11M 44.80M 149.9M
Cash From Investing Activities -17.52M -101.5M -146.3M
Cash From Financing Activities -4.458M -8.123M -25.91M
Net Change In Cash 5.138M -64.77M -17.19M
YoY Change -143.18% -781.79% 550.02%
FREE CASH FLOW
Cash From Operating Activities $27.11M $44.80M $149.9M
Capital Expenditures -$18.20M -$9.075M $52.81M
Free Cash Flow $45.31M $53.88M $97.05M
YoY Change -41.75% 204.4% -4815.84%

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RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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CY2020 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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CY2021 us-gaap Gross Profit
GrossProfit
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CY2020 us-gaap Gross Profit
GrossProfit
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CY2019 us-gaap Gross Profit
GrossProfit
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CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2021 us-gaap Selling General And Administrative Expense
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CY2020 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2021 us-gaap Restructuring Charges
RestructuringCharges
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CY2020 us-gaap Restructuring Charges
RestructuringCharges
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CY2019 us-gaap Restructuring Charges
RestructuringCharges
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CY2021 us-gaap Operating Expenses
OperatingExpenses
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CY2020 us-gaap Operating Expenses
OperatingExpenses
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CY2019 us-gaap Operating Expenses
OperatingExpenses
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CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2021 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2020 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2019 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2021 us-gaap Interest Expense
InterestExpense
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CY2020 us-gaap Interest Expense
InterestExpense
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CY2019 us-gaap Interest Expense
InterestExpense
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
91215000
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2019 us-gaap Net Income Loss
NetIncomeLoss
437416000
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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CY2020 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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1.24
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.08
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.39
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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CY2020 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
1.24
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
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CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.04
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73557000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71992000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73850000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72386000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
110747000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
64853000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
437416000
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2922000
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
18877000
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9333000
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
1000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7000
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
104000
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
77000
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-27000
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-13000
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
354000
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-476000
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-847000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2568000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
18408000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10076000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
108179000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Profit Loss
ProfitLoss
110747000
CY2020 us-gaap Profit Loss
ProfitLoss
64853000
CY2019 us-gaap Profit Loss
ProfitLoss
437416000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
65333000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
13364000
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
285000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
27456000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
16317000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
20113000
CY2021 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-225000
CY2020 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
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CY2019 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
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CY2019 brks Income Loss From Equity Method Investments Including Discontinued Operations
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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CY2020 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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CY2019 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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CY2019 brks Contingent Transaction Fees Paid Stemming From Divestiture
ContingentTransactionFeesPaidStemmingFromDivestiture
13388000
CY2020 brks Income Taxes Paid Divestiture
IncomeTaxesPaidDivestiture
91500000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
69643000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18755000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11445000
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
50443000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13144000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2933000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15968000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-25642000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16009000
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
30967000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
792000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4695000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-3939000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-139000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4213000
CY2021 brks Increase Decrease In Accrued Warranty And Retrofit Costs
IncreaseDecreaseInAccruedWarrantyAndRetrofitCosts
54000
CY2020 brks Increase Decrease In Accrued Warranty And Retrofit Costs
IncreaseDecreaseInAccruedWarrantyAndRetrofitCosts
760000
CY2019 brks Increase Decrease In Accrued Warranty And Retrofit Costs
IncreaseDecreaseInAccruedWarrantyAndRetrofitCosts
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CY2021 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
7298000
CY2020 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
11097000
CY2019 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-6453000
CY2021 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
124000
CY2020 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-865000
CY2019 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
399000
CY2019 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
1082000
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
50339000
CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-18059000
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
31615000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
149857000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37866000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52805000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39924000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23861000
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
151000
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
10894000
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
35225000
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
25000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2492000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
48903000
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
96000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
42328000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2557000
CY2019 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
661642000
CY2021 brks Adjustment To Proceeds From Divestiture Of Businesses
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1802000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
93712000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
15744000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2021 us-gaap Payments For Proceeds From Loans Receivable
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CY2020 us-gaap Payments For Proceeds From Loans Receivable
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22742000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
211312000
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
686386000
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5812000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4595000
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3422000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
828000
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2021 brks Repayments Of Finance Leases
RepaymentsOfFinanceLeases
1164000
CY2020 brks Repayments Of Finance Leases
RepaymentsOfFinanceLeases
1277000
CY2019 brks Repayments Of Finance Leases
RepaymentsOfFinanceLeases
1197000
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29726000
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29513000
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
28895000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25906000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27023000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-191161000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5205000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9254000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3586000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17193000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2645000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
107463000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
302526000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
305171000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
197708000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
285333000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
302526000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
305171000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1435000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
2159000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
20799000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
38020000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102010000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16990000
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
227427000
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250649000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
256642000
CY2021Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
45000000
CY2020Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
45000000
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
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CY2021Q3 us-gaap Restricted Cash Current
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CY2021 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 10pt 0pt;">1.    Nature of the Business </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;"><span style="white-space:pre-wrap;">Brooks Automation, Inc. (“Brooks”, or the “Company”) is a leading global provider of life science sample exploration and management solutions for the life sciences market. The Company supports its customers from research to clinical development with its sample management, automated storage, and genomic services expertise to help bring impactful therapies to market faster. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Discontinued Operations</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">In the fourth quarter of fiscal year 2021, the Company entered into a definitive agreement to sell its semiconductor automation business to Thomas H. Lee Partners, L.P. (“THL”). The Company determined that the semiconductor automation business met the “held for sale” criteria and the “discontinued operations” criteria in accordance with Financial Accounting Standard Boards (“FASB”) Accounting Standards Codification (“ASC”) 205, <i style="font-style:italic;">Presentation of Financial Statements</i>, (“FASB ASC 205”) as of September 30, 2021. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">In the fourth quarter of fiscal year 2018, the Company entered into a definitive agreement to sell its semiconductor cryogenics business to Edwards Vacuum LLC (a member of the Atlas Copco Group) (“Edwards”). The Company determined that the semiconductor cryogenics business met the “held for sale” criteria and the “discontinued operations” criteria in accordance with FASB ASC 205, <i style="font-style:italic;">Presentation of Financial Statements</i>, as of September 30, 2018. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">Please refer to Note 3, “Discontinued Operations” for further information about the discontinued businesses. The Consolidated Balance Sheets and Consolidated Statements of Operations, and the notes to the Consolidated Financial Statements were restated for all periods presented to reflect the discontinuation of the semiconductor automation business and the semiconductor cryogenics business in accordance with FASB ASC 205. The discussion in the notes to these Consolidated Financial Statements, unless otherwise noted, relate solely to the Company's continuing operations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Risks and Uncertainties </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;"><span style="color:#212529;white-space:pre-wrap;">The Company is subject to risks common to companies in the markets it serves, including, but not limited to, global economic and financial market conditions, fluctuations in customer demand, acceptance of new products, development by its </span>competitors<span style="color:#212529;white-space:pre-wrap;"> of new technological innovations, risk of disruption in its supply chain, the implementation of tariffs and export controls, dependence on key personnel, protection of proprietary technology, and compliance with domestic and foreign regulatory authorities and agencies. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="color:#212529;white-space:pre-wrap;"> During the COVID-19 pandemic, the Company’s facilities have remained operational with only required personnel on site, and the balance of employees working from home.  The Company’s business falls within the classification of an “Essential Critical Infrastructure Sector” as defined by the U.S. Department of Homeland Security and the Company has continued operations during the COVID-19 pandemic. The Company has followed government guidance in each region and has implemented Centers for Disease Control social distancing guidelines and other best practices to protect the health and safety of the Company’s employees. The COVID-19 pandemic has not had a substantial impact on the Company’s financial results and a portion of this impact has been mitigated by the Company’s realignment of resources to satisfy incremental orders related to virus research and vaccine development and commercialization. As states safely reopen the economy, get people back to work, and ease social restrictions while minimizing the health impacts of COVID-19, future impacts </span><span style="background-color:#ffffff;color:#212529;">on the Company’s financial results will depend on future variants of the virus and vaccine effectiveness against the variants, which are not fully determinable, as well as new or prolonged government responses to the pandemic, as the full impact of the pandemic on the economy and markets which the Company serves is as yet unknown. The Company’s financial results will also depend on variables including reduced demand from its customers, the degree that the supply chain may be constrained which could impact its delivery of product and the potential impact to its operations if there is a significant outbreak among the Company’s employees, as well as the amount of incremental demand caused by research and treatments in the areas of COVID-19 or related threats.</span><span style="color:#212529;">  </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;"><span style="visibility:hidden;">​</span></p>
CY2021 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenue and expenses during the reporting period. Significant estimates are associated with recording accounts receivable, inventories, goodwill, intangible assets other than goodwill, long-lived assets, derivative financial instruments, deferred income taxes, warranty obligations, revenue recognized in accordance with the percentage of completion method, and stock-based compensation expense. The Company assesses the estimates on an ongoing basis and records changes in estimates in the period they occur and become known. Actual results could differ from these estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">The full extent to which the COVID-19 pandemic will directly or indirectly impact the Company’s business - including results of operations and financial condition, sales, expenses, reserves and allowances, manufacturing and employee-related amounts - will depend on future developments that are highly uncertain. This includes results from new information that may emerge concerning COVID-19 and any actions taken to contain or treat COVID-19, as well as the economic impact on local, regional, national and international customers and markets. The Company has made estimates of the impact of COVID-19 within its financial statements and there may be changes to those estimates in future periods.</p>
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CY2021 us-gaap Concentration Risk Credit Risk
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Concentration of Credit Risk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash deposits and cash equivalents, marketable securities, derivative instruments and accounts receivable. All of the Company’s cash and cash equivalents, restricted cash, marketable securities and derivative instruments are maintained by major financial institutions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">The Company invests cash not used in operations in investment grade, high credit quality securities in accordance with the Company’s investment policy which provides guidelines and limits regarding investments type, concentration, credit quality and maturity terms aimed at maintaining liquidity and reducing risk of capital loss.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The Company regularly monitors the creditworthiness of its customers and believes that it has adequately provided for exposure to potential credit losses. The Company’s ten largest customers accounted for approximately 19%, 19% and 21% of its consolidated revenue for the fiscal years ended September 30, 2021, 2020 and 2019, respectively. No </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 10pt 0pt;">customers accounted for more than 10% of the Company’s consolidated revenue for fiscal years 2021, 2020 and 2019. No customers accounted for more than 10% of the Company’s total receivables during the fiscal year ended September 30, 2021 and 2020.</p>
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