2020 Q1 Form 10-Q Financial Statement

#000003406720000060 Filed on April 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $73.56M $100.1M
YoY Change -26.54% 48.76%
Cost Of Revenue $49.09M $63.73M
YoY Change -22.97% 43.02%
Gross Profit $24.47M $36.41M
YoY Change -32.78% 60.0%
Gross Profit Margin 33.26% 36.36%
Selling, General & Admin $16.65M $15.48M
YoY Change 7.6% 15.59%
% of Gross Profit 68.05% 42.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.706M $2.196M
YoY Change 23.22% 39.87%
% of Gross Profit 11.06% 6.03%
Operating Expenses $18.12M $15.95M
YoY Change 13.6% -8.53%
Operating Profit $6.347M $20.45M
YoY Change -68.97% 285.02%
Interest Expense $238.0K $373.0K
YoY Change -36.19% -19.78%
% of Operating Profit 3.75% 1.82%
Other Income/Expense, Net $115.0K -$21.00K
YoY Change -647.62% -94.43%
Pretax Income $6.224M $20.06M
YoY Change -68.97% 348.72%
Income Tax $2.069M $4.888M
% Of Pretax Income 33.24% 24.37%
Net Earnings $4.155M $15.17M
YoY Change -72.61% 286.99%
Net Earnings / Revenue 5.65% 15.15%
Basic Earnings Per Share $0.28 $1.02
Diluted Earnings Per Share $0.28 $1.01
COMMON SHARES
Basic Shares Outstanding 14.70M shares 14.61M shares
Diluted Shares Outstanding 14.72M shares 14.67M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.50M $14.90M
YoY Change 10.74% 37.96%
Cash & Equivalents $16.45M $14.87M
Short-Term Investments
Other Short-Term Assets $9.500M $7.000M
YoY Change 35.71% -35.19%
Inventory $61.45M $50.85M
Prepaid Expenses
Receivables $51.01M $73.25M
Other Receivables $0.00 $0.00
Total Short-Term Assets $138.4M $146.0M
YoY Change -5.17% 16.62%
LONG-TERM ASSETS
Property, Plant & Equipment $106.8M $99.91M
YoY Change 6.91% 63.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.58M $8.478M
YoY Change 71.99% 5514.57%
Total Long-Term Assets $130.5M $120.1M
YoY Change 8.65% 64.03%
TOTAL ASSETS
Total Short-Term Assets $138.4M $146.0M
Total Long-Term Assets $130.5M $120.1M
Total Assets $268.9M $266.1M
YoY Change 1.06% 34.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.02M $29.75M
YoY Change -2.44% 29.89%
Accrued Expenses $7.146M $9.873M
YoY Change -27.62% -0.91%
Deferred Revenue $4.367M $2.490M
YoY Change 75.38% -52.25%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.125M $3.125M
YoY Change 0.0%
Total Short-Term Liabilities $63.09M $66.92M
YoY Change -5.72% 23.07%
LONG-TERM LIABILITIES
Long-Term Debt $10.41M $40.24M
YoY Change -74.14% 36.87%
Other Long-Term Liabilities $18.06M $9.153M
YoY Change 97.31% 198.14%
Total Long-Term Liabilities $28.47M $49.39M
YoY Change -42.37% 1508.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $63.09M $66.92M
Total Long-Term Liabilities $28.47M $49.39M
Total Liabilities $95.25M $117.2M
YoY Change -18.72% 34.61%
SHAREHOLDERS EQUITY
Retained Earnings $121.2M $104.2M
YoY Change 16.38% 63.69%
Common Stock $763.0K $755.0K
YoY Change 1.06% 1.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.487M $1.695M
YoY Change 400.71% 140.43%
Treasury Stock Shares 509.6K shares 103.4K shares
Shareholders Equity $173.7M $148.9M
YoY Change
Total Liabilities & Shareholders Equity $268.9M $266.1M
YoY Change 1.06% 34.11%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $4.155M $15.17M
YoY Change -72.61% 286.99%
Depreciation, Depletion And Amortization $2.706M $2.196M
YoY Change 23.22% 39.87%
Cash From Operating Activities $4.920M $6.997M
YoY Change -29.68% -334.96%
INVESTING ACTIVITIES
Capital Expenditures $5.121M $6.601M
YoY Change -22.42% 24.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $200.0K
YoY Change -100.0%
Cash From Investing Activities -$5.121M -$6.397M
YoY Change -19.95% 20.65%
FINANCING ACTIVITIES
Cash Dividend Paid $1.866M $298.0K
YoY Change 526.17% 1.02%
Common Stock Issuance & Retirement, Net $1.034M $853.0K
YoY Change 21.22% 148.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.681M $818.0K
YoY Change -550.0% -92.24%
NET CHANGE
Cash From Operating Activities $4.920M $6.997M
Cash From Investing Activities -$5.121M -$6.397M
Cash From Financing Activities -$3.681M $818.0K
Net Change In Cash -$3.902M $1.499M
YoY Change -360.31% -16.02%
FREE CASH FLOW
Cash From Operating Activities $4.920M $6.997M
Capital Expenditures $5.121M $6.601M
Free Cash Flow -$201.0K $396.0K
YoY Change -150.76% -104.78%

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IncreaseDecreaseInAccountsPayable
-2752000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5342000 USD
CY2020Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
955000 USD
CY2019Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1363000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4744000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6279000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4920000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6997000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5121000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6601000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
204000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5121000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6397000 USD
CY2020Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2019Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2750000 USD
CY2020Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-781000 USD
CY2019Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-781000 USD
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1866000 USD
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
298000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1034000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
853000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3681000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
818000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-20000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3902000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1499000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20353000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13375000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16451000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14874000 USD
CY2020Q1 boom Accounts Receivable Credit Loss Expense Reversal Total
AccountsReceivableCreditLossExpenseReversalTotal
2299000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
967000 USD
CY2020Q1 us-gaap Accounts Receivable Change In Method Credit Loss Expense Reversal
AccountsReceivableChangeInMethodCreditLossExpenseReversal
50000 USD
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2299000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
962000 USD
CY2020Q1 boom Accounts Receivable Allowance For Credit Loss Gain Loss On Foreign Currency
AccountsReceivableAllowanceForCreditLossGainLossOnForeignCurrency
-34000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2320000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4155000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
15170000 USD
CY2020Q1 boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
30000 USD
CY2019Q1 boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
6000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
37000 USD
CY2019Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
312000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4088000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14852000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
37000 USD
CY2019Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
312000 USD
CY2020Q1 boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
37000 USD
CY2019Q1 boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
311000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4088000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14853000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14697164 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14606052 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
20672 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
65637 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14717836 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14671689 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2020Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
4360000 USD
CY2020Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
5657000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26337000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26173000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
15189000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12194000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
19562000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15045000 USD
CY2020Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
357000 USD
CY2019Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
316000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
61445000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
53728000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54905000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49706000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5199000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54796000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48916000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5880000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4367000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2736000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2736000 USD
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
836000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9906000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10423000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1618000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1716000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9454000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9777000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11072000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
11493000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1102000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
685000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y11M19D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
1618000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
1749000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
1553000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
1372000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
1246000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
5925000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13463000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2391000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11072000 USD
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
14094000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
14875000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
563000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
603000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
13531000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
14272000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
3125000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3125000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10406000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11147000 USD
CY2018Q1 boom Debt Instrument Annual Principal Payment Percentof Principal
DebtInstrumentAnnualPrincipalPaymentPercentofPrincipal
0.125
CY2018Q1 boom Line Of Credit Facility Numberof Banks
LineOfCreditFacilityNumberofBanks
3 bank
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
563000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
603000 USD
CY2019Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-368000 USD
CY2020Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
2700000 USD
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
73564000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
100135000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6224000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20058000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2706000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2196000 USD
CY2020Q1 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
COMMITMENTS AND CONTINGENCIES<div style="text-indent:22.5pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Contingent Liabilities</span></div><div style="text-indent:22.5pt;text-align:justify;"><span><br/></span></div><div style="text-indent:22.5pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company records an accrual for contingent liabilities when a loss is both probable and reasonably estimable. If some amount within a range of loss appears to be a better estimate than any other amount within the range, that amount is accrued. When no amount within a range of loss appears to be a better estimate than any other amount, the lowest amount in the range is accrued. </span></div><div style="text-indent:22.5pt;text-align:justify;"><span><br/></span></div><div style="text-indent:22.5pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Legal Proceedings</span></div><div><span><br/></span></div><div style="text-indent:22.5pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have, individually or in the aggregate, a material adverse effect on our business, financial condition or operating results.</span></div>
CY2020Q1 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
264 employee
CY2020Q1 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1116000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
2675000 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
1116000 USD
CY2020Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
760000 USD
CY2020Q1 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-307000 USD
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
2724000 USD

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