2020 Q2 Form 10-Q Financial Statement

#000003406720000118 Filed on July 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $43.20M $111.0M $100.1M
YoY Change -61.06% 37.12% 48.76%
Cost Of Revenue $36.60M $68.88M $63.73M
YoY Change -46.87% 27.23% 43.02%
Gross Profit $6.604M $42.07M $36.41M
YoY Change -84.3% 57.14% 60.0%
Gross Profit Margin 15.29% 37.92% 36.36%
Selling, General & Admin $12.20M $16.70M $15.48M
YoY Change -26.97% 7.47% 15.59%
% of Gross Profit 184.66% 39.69% 42.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.717M $2.554M $2.196M
YoY Change 6.38% 6.86% 39.87%
% of Gross Profit 41.14% 6.07% 6.03%
Operating Expenses $14.59M $17.42M $15.95M
YoY Change -16.22% 5.28% -8.53%
Operating Profit -$7.990M $24.65M $20.45M
YoY Change -132.41% 141.01% 285.02%
Interest Expense $156.0K $409.0K $373.0K
YoY Change -61.86% 200.74% -19.78%
% of Operating Profit 1.66% 1.82%
Other Income/Expense, Net -$85.00K $343.0K -$21.00K
YoY Change -124.78% -204.89% -94.43%
Pretax Income -$8.231M $24.59M $20.06M
YoY Change -133.48% 151.76% 348.72%
Income Tax -$2.583M $7.343M $4.888M
% Of Pretax Income 29.87% 24.37%
Net Earnings -$5.648M $17.24M $15.17M
YoY Change -132.75% 170.62% 286.99%
Net Earnings / Revenue -13.07% 15.54% 15.15%
Basic Earnings Per Share -$0.38 $1.17 $1.02
Diluted Earnings Per Share -$0.38 $1.15 $1.01
COMMON SHARES
Basic Shares Outstanding 14.83M shares 14.65M shares 14.61M shares
Diluted Shares Outstanding 14.83M shares 14.90M shares 14.67M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.20M $14.90M $14.90M
YoY Change 15.44% 125.76% 37.96%
Cash & Equivalents $17.25M $14.88M $14.87M
Short-Term Investments
Other Short-Term Assets $8.400M $6.700M $7.000M
YoY Change 25.37% 4.69% -35.19%
Inventory $59.76M $59.98M $50.85M
Prepaid Expenses
Receivables $33.68M $76.80M $73.25M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $119.1M $158.3M $146.0M
YoY Change -24.76% 22.18% 16.62%
LONG-TERM ASSETS
Property, Plant & Equipment $106.5M $105.2M $99.91M
YoY Change 1.16% 49.21% 63.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.51M $10.61M $8.478M
YoY Change 65.05% 6657.96% 5514.57%
Total Long-Term Assets $132.9M $126.9M $120.1M
YoY Change 4.76% 56.22% 64.03%
TOTAL ASSETS
Total Short-Term Assets $119.1M $158.3M $146.0M
Total Long-Term Assets $132.9M $126.9M $120.1M
Total Assets $252.0M $285.2M $266.1M
YoY Change -11.63% 35.3% 34.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.47M $36.18M $29.75M
YoY Change -40.65% 30.36% 29.89%
Accrued Expenses $5.780M $10.05M $9.873M
YoY Change -42.48% 9.54% -0.91%
Deferred Revenue $5.226M $2.076M $2.490M
YoY Change 151.73% -11.85% -52.25%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.125M $3.125M $3.125M
YoY Change 0.0%
Total Short-Term Liabilities $49.89M $70.33M $66.92M
YoY Change -29.06% 20.47% 23.07%
LONG-TERM LIABILITIES
Long-Term Debt $9.595M $32.74M $40.24M
YoY Change -70.7% -5.36% 36.87%
Other Long-Term Liabilities $19.50M $18.15M $9.153M
YoY Change 7.45% 514.39% 198.14%
Total Long-Term Liabilities $29.10M $50.89M $49.39M
YoY Change -42.83% 1622.85% 1508.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.89M $70.33M $66.92M
Total Long-Term Liabilities $29.10M $50.89M $49.39M
Total Liabilities $81.73M $121.7M $117.2M
YoY Change -32.83% 26.03% 34.61%
SHAREHOLDERS EQUITY
Retained Earnings $115.6M $121.1M $104.2M
YoY Change -4.57% 73.74% 63.69%
Common Stock $765.0K $756.0K $755.0K
YoY Change 1.19% 0.93% 1.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.521M $7.320M $1.695M
YoY Change 16.41% 882.55% 140.43%
Treasury Stock Shares 528.0K shares 460.8K shares 103.4K shares
Shareholders Equity $170.3M $163.5M $148.9M
YoY Change
Total Liabilities & Shareholders Equity $252.0M $285.2M $266.1M
YoY Change -11.63% 35.3% 34.11%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$5.648M $17.24M $15.17M
YoY Change -132.75% 170.62% 286.99%
Depreciation, Depletion And Amortization $2.717M $2.554M $2.196M
YoY Change 6.38% 6.86% 39.87%
Cash From Operating Activities $6.210M $16.30M $6.997M
YoY Change -61.9% 1064.29% -334.96%
INVESTING ACTIVITIES
Capital Expenditures -$2.360M -$9.680M $6.601M
YoY Change -75.62% -11.19% 24.5%
Acquisitions
YoY Change
Other Investing Activities $10.00K $1.060M $200.0K
YoY Change -99.06%
Cash From Investing Activities -$2.340M -$8.630M -$6.397M
YoY Change -72.89% -20.83% 20.65%
FINANCING ACTIVITIES
Cash Dividend Paid $298.0K
YoY Change 1.02%
Common Stock Issuance & Retirement, Net $853.0K
YoY Change 148.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.520M -7.580M $818.0K
YoY Change -66.75% -245.49% -92.24%
NET CHANGE
Cash From Operating Activities 6.210M 16.30M $6.997M
Cash From Investing Activities -2.340M -8.630M -$6.397M
Cash From Financing Activities -2.520M -7.580M $818.0K
Net Change In Cash 1.350M 90.00K $1.499M
YoY Change 1400.0% -102.1% -16.02%
FREE CASH FLOW
Cash From Operating Activities $6.210M $16.30M $6.997M
Capital Expenditures -$2.360M -$9.680M $6.601M
Free Cash Flow $8.570M $25.98M $396.0K
YoY Change -67.01% 111.22% -104.78%

Facts In Submission

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WeightedAverageNumberOfDilutedSharesOutstanding
14899987 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14745661 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14849816 shares
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5648000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
17244000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1493000 USD
us-gaap Net Income Loss
NetIncomeLoss
32414000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
605000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1538000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-235000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1119000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5043000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18782000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1728000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
33533000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
173689000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5648000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
605000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
263000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
170283000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1408000 USD
CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
148911000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
17244000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1538000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
358000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1360000 USD
CY2019Q2 us-gaap Dividends
Dividends
299000 USD
CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5611000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
163501000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
172141000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1493000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-235000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
263000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2608000 USD
us-gaap Dividends
Dividends
1883000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1068000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
170283000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
134286000 USD
us-gaap Net Income Loss
NetIncomeLoss
32414000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1119000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
358000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2411000 USD
us-gaap Dividends
Dividends
598000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6489000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
163501000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1493000 USD
us-gaap Net Income Loss
NetIncomeLoss
32414000 USD
us-gaap Depreciation
Depreciation
4716000 USD
us-gaap Depreciation
Depreciation
3955000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
707000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
795000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
99000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
83000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2559000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2666000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1360000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
424000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-317000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3162000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
402000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-27245000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16123000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5713000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8636000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1242000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3850000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10778000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12657000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2477000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
936000 USD
boom Increase Decrease In Accrued Tariffs
IncreaseDecreaseInAccruedTariffs
0 USD
boom Increase Decrease In Accrued Tariffs
IncreaseDecreaseInAccruedTariffs
-8000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9250000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2438000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11128000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23302000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7476000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16283000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1258000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7462000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15025000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3999000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1562000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1562000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3749000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
598000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
84000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
263000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
358000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1068000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
956000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6757000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-571000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-14000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3105000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1506000 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
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17248000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1232000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14881000 USD
boom Accounts Receivable Credit Loss Expense Reversal Total
AccountsReceivableCreditLossExpenseReversalTotal
3264000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
967000 USD
us-gaap Accounts Receivable Change In Method Credit Loss Expense Reversal
AccountsReceivableChangeInMethodCreditLossExpenseReversal
50000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3264000 USD
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
201000 USD
boom Accounts Receivable Allowance For Credit Loss Gain Loss On Foreign Currency
AccountsReceivableAllowanceForCreditLossGainLossOnForeignCurrency
34000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2882000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-5648000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
17244000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1493000 USD
us-gaap Net Income Loss
NetIncomeLoss
32414000 USD
CY2020Q2 boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
0 USD
CY2019Q2 boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
2000 USD
boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
0 USD
boom Distributed Earnings Loss Allocatedto Participating Securities Basic
DistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
5000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
136000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
256000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5648000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17106000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1493000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32153000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
136000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
256000 USD
CY2020Q2 boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
0 USD
CY2019Q2 boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
134000 USD
boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
0 USD
boom Undistributed Earnings Loss Reallocatedto Participating Securities Diluted
UndistributedEarningsLossReallocatedtoParticipatingSecuritiesDiluted
252000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5648000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17108000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1493000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32157000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14832242 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14647019 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14745661 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14624718 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
252968 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
225098 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14832242 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14899987 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14745661 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14849816 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.17
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
30967 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35742 shares
CY2020Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
6104000 USD
CY2019Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
4461000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
6110000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26180000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26173000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
6143000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
16170000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12194000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
17153000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15045000 USD
CY2020Q2 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
257000 USD
CY2019Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
316000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
59760000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
53728000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54499000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49715000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4784000 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
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5226000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2736000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2736000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1988000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11055000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10423000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1846000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1716000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10430000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9777000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12276000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
11493000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
894000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
751000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1996000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1436000 USD
CY2020Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y7M13D
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
1846000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
1924000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
1766000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
1609000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
1538000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
6148000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14831000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2555000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12276000 USD
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
13313000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
14875000 USD
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
593000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
603000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
12720000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
14272000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3125000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3125000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9595000 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
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
593000 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
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43203000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211089000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
110954000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
116766000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8231000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24587000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2007000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44645000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2717000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2554000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5423000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4750000 USD
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
CY2020Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2046000 USD
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
3162000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
2675000 USD
us-gaap Restructuring Charges
RestructuringCharges
1981000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
2417000 USD
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-28000 USD
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
2211000 USD

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