2021 Q4 Form 10-K Financial Statement

#000186663322000021 Filed on April 15, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $352.7M $60.00K $678.5M
YoY Change -48.02%
Cost Of Revenue $58.00M $58.00M $154.3M
YoY Change -62.4% 8.66%
Gross Profit $294.7M $294.7M $524.2M
YoY Change -43.79% 6.07%
Gross Profit Margin 83.55% 491106.67% 77.26%
Selling, General & Admin $111.9M $111.9M $264.7M
YoY Change -57.73% 51.25%
% of Gross Profit 37.97% 37.97% 50.49%
Research & Development $7.652M $7.652M $22.83M
YoY Change -66.48% 7.08%
% of Gross Profit 2.6% 2.6% 4.35%
Depreciation & Amortization $3.067M $51.81M $41.92M
YoY Change -92.68% -35.04%
% of Gross Profit 1.04% 17.58% 8.0%
Operating Expenses $119.5M $119.5M $287.5M
YoY Change -58.42% 47.36%
Operating Profit $175.1M $175.1M $236.7M
YoY Change -26.02% -10.95%
Interest Expense -$14.21M $14.27M -$75.76M
YoY Change -81.24% -81.17%
% of Operating Profit -8.11% 8.15% -32.0%
Other Income/Expense, Net $160.0K $160.0K $29.96M
YoY Change -99.47% -99.49%
Pretax Income $161.1M $161.1M $208.0M
YoY Change -22.57% 5.66%
Income Tax $39.91M $39.91M $55.14M
% Of Pretax Income 24.78% 24.78% 26.5%
Net Earnings $109.0M $109.0M $152.9M
YoY Change -28.72% -28.72%
Net Earnings / Revenue 30.91% 181668.33% 22.54%
Basic Earnings Per Share $5.46
Diluted Earnings Per Share $5.454M $5.44 $7.622M
COMMON SHARES
Basic Shares Outstanding 19.90M shares 19.90M shares
Diluted Shares Outstanding 19.99M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.78M $66.78M $128.2M
YoY Change -47.91% -47.91%
Cash & Equivalents $66.78M $66.78M $66.21M
Short-Term Investments
Other Short-Term Assets $4.650M $4.650M $27.84M
YoY Change -83.3% -83.3%
Inventory
Prepaid Expenses
Receivables $24.83M $24.83M $16.07M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $96.26M $96.26M $198.3M
YoY Change -51.45% -51.45%
LONG-TERM ASSETS
Property, Plant & Equipment $33.85M $41.08M $25.05M
YoY Change 35.11% -64.28%
Goodwill $339.2M $342.4M
YoY Change -0.94% 6.98%
Intangibles $43.55M $48.77M
YoY Change -10.7%
Long-Term Investments
YoY Change
Other Assets $873.0K $42.72M $1.267M
YoY Change -31.1% -27.5%
Total Long-Term Assets $466.6M $466.6M $1.293B
YoY Change -63.92% -63.92%
TOTAL ASSETS
Total Short-Term Assets $96.26M $96.26M $198.3M
Total Long-Term Assets $466.6M $466.6M $1.293B
Total Assets $562.8M $562.8M $1.491B
YoY Change -62.26% -62.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.21M $40.21M $81.04M
YoY Change -50.39% -50.39%
Accrued Expenses $2.421M $2.421M $9.813M
YoY Change -75.33% -75.33%
Deferred Revenue $24.37M $24.51M
YoY Change -0.58%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $77.96M $77.96M $204.7M
YoY Change -61.91% -61.91%
LONG-TERM LIABILITIES
Long-Term Debt $792.0M $792.0M $0.00
YoY Change
Other Long-Term Liabilities $360.0K $19.45M $3.061M
YoY Change -88.24% -86.38%
Total Long-Term Liabilities $792.4M $811.5M $3.061M
YoY Change 25786.97% 468.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.96M $77.96M $204.7M
Total Long-Term Liabilities $792.4M $811.5M $3.061M
Total Liabilities $895.5M $895.5M $368.9M
YoY Change 142.76% 142.76%
SHAREHOLDERS EQUITY
Retained Earnings -$318.9M $0.00
YoY Change
Common Stock $200.0K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity -$332.7M -$332.7M $1.123B
YoY Change
Total Liabilities & Shareholders Equity $562.8M $562.8M $1.491B
YoY Change -62.26% -62.26%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $109.0M $109.0M $152.9M
YoY Change -28.72% -28.72%
Depreciation, Depletion And Amortization $3.067M $51.81M $41.92M
YoY Change -92.68% -35.04%
Cash From Operating Activities $37.29M $233.7M $118.6M
YoY Change -68.57% -2.14%
INVESTING ACTIVITIES
Capital Expenditures -$4.718M $33.00M -$14.41M
YoY Change -67.26% 1.65%
Acquisitions $56.84M
YoY Change 13.21%
Other Investing Activities $0.00 -$7.962M -$7.176M
YoY Change -100.0% -68.59%
Cash From Investing Activities -$4.718M -$42.47M -$21.59M
YoY Change -78.14% -30.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -262.2M -$247.8M -132.7M
YoY Change 97.48% 38.35%
NET CHANGE
Cash From Operating Activities 37.29M $233.7M 118.6M
Cash From Investing Activities -4.718M -$42.47M -21.59M
Cash From Financing Activities -262.2M -$247.8M -132.7M
Net Change In Cash -229.6M -$61.41M -35.71M
YoY Change 542.84% -1234.3%
FREE CASH FLOW
Cash From Operating Activities $37.29M $233.7M $118.6M
Capital Expenditures -$4.718M $33.00M -$14.41M
Free Cash Flow $42.00M $200.7M $133.0M
YoY Change -68.43% -2.74%

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CY2019Q4 us-gaap Stockholders Equity
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CY2021 ccs Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent After Separation
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CY2021 ccs Net Income Loss Attributable To Parent After Separation
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Nature Of Operations
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The Company<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Consensus Cloud Solutions, Inc., together with its subsidiaries (“Consensus Cloud Solutions”, “Consensus”, the “Company”, “our”, “us” or “we”), is a provider of secure information delivery services with a scalable Software-as-a-Service (“SaaS”) platform. Consensus serves more than one million customers of all sizes, from enterprises to individuals, across over 50 countries and multiple industry verticals including healthcare, financial services, law and education. Beginning as an online fax company over two decades ago, Consensus has evolved into a global provider of enterprise secure communication solutions. Our communication and digital signature solutions enable our customers to securely and cooperatively access, exchange and use information across organizational, regional and national boundaries. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Consensus Cloud Solutions, Inc. Spin-Off</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On September 21, 2021, J2 Global, Inc., known since October 7, 2021 as Ziff Davis, Inc. (“Ziff Davis” or the “Former Parent”) announced that its Board of Directors approved its previously announced separation of the cloud fax business (the “Separation”), into an independent publicly traded company, Consensus Cloud Solutions, Inc. On October 7, 2021, the Separation was completed and the Former Parent transferred certain assets and liabilities associated with its Cloud Fax business to Consensus, including the equity interests in J2 Cloud Services, LLC (“J2 Cloud Services”), in exchange for approximately $259.1 million in cash, an asset related to $500.0 million in aggregate principal amount of the 6.5% Senior Notes due 2028, and the return of the assets and liabilities related to the non-fax business back to Ziff Davis. On October 8, 2021, Consensus began trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the stock symbol “CCSI”. Ziff Davis retained a 19.9% interest in Consensus following the Separation.</span></div>
CY2021 ccs Number Of Customers
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1000000 customer
CY2021Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
50 country
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, including judgments about the reported amounts of net revenue and expenses during the reporting period. The Company believes that its most significant estimates are those related to revenue recognition, share-based compensation expense, fair value of assets acquired and liabilities assumed in connection with business combinations, long-lived and intangible asset impairment, lease impairment, contingent consideration, income taxes, sales taxes, contingencies and allowances for doubtful accounts. On an ongoing basis, management evaluates its estimates based on historical experience and on various other factors that the Company believes to be reasonable under the circumstances. Actual results could materially differ from those estimates due to risks and uncertainties, including uncertainty in the current economic environment due to the novel coronavirus pandemic (“COVID-19”).
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit RiskAll of the Company’s cash and cash equivalents are invested at major financial institutions primarily within the United States and Ireland. These institutions are required to invest the Company’s cash in accordance with the Company’s investment policy with the principal objectives being preservation of capital, fulfillment of liquidity needs and above market returns commensurate with preservation of capital.
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-14400000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-11100000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2000000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
200000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
31500000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1400000 USD
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1700000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Advertising Expense
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45700000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
47100000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
51500000 USD
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsCertain prior year reported amounts have been reclassified to conform with the 2021 presentation.
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
352664000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
331168000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
322559000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
352664000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
331168000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
322559000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
24500000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
21600000 USD
CY2021Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
0 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
500000 USD
CY2021 ccs Payment For Contingent Consideration Liability Excluding Holdbacks Financing Activities
PaymentForContingentConsiderationLiabilityExcludingHoldbacksFinancingActivities
4800000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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53975000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
38007000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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20126000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12954000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33849000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25053000 USD
CY2021 us-gaap Depreciation
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7300000 USD
CY2020 us-gaap Depreciation
Depreciation
7100000 USD
CY2019 us-gaap Depreciation
Depreciation
3200000 USD
CY2021Q4 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1700000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
320095000 USD
CY2020 us-gaap Goodwill Acquired During Period
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15844000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
6491000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
342430000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3221000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
339209000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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31071000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
31154000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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135112000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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122634000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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12478000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
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127849000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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110237000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17612000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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4052000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2832000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2041000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1300000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
828000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1425000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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12478000 USD
CY2021 ccs Transfer Of Patent And Patent Licenses
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8500000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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4800000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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7100000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
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12960000 USD
CY2021Q4 us-gaap Long Term Debt
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792040000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
305000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
500000000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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805000000 USD
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
14300000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
75800000 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
43500000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
75800000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-38000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
7500000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
7500000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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2578000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14108000 USD
CY2021Q4 ccs Lease Right Of Use Asset
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9881000 USD
CY2020Q4 ccs Lease Right Of Use Asset
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26511000 USD
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2021 us-gaap Operating Lease Cost
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2675000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
3002000 USD
CY2021 us-gaap Short Term Lease Cost
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875000 USD
CY2020 us-gaap Short Term Lease Cost
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186000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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834000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
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160000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2021 us-gaap Lease Cost
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4384000 USD
CY2020 us-gaap Lease Cost
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3348000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7233000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25711000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2648000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
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800000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
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2421000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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25549000 USD
CY2021Q4 us-gaap Operating Lease Liability
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16529000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
28127000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
2501000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
1344000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
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2719000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
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959000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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259000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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356000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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2719000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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959000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y9M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P14Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.048 Rate
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044 Rate
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2315000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2296000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2515000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2259000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2328000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10254000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
21967000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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5438000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
16529000 USD
CY2021 ccs Sales Tax Expense Benefit
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6700000 USD
CY2021 ccs Federal Sales Tax Expense Benefit
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-1900000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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22368000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5831000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9079000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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1445000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
923000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3772000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9496000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17756000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9944000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
33309000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
24510000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22795000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4902000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-151000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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99000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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3575000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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762000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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7928000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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4922000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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6601000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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5533000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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39910000 USD
CY2020 us-gaap Income Tax Expense Benefit
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30043000 USD
CY2019 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.040
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.028
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 ccs Effective Income Tax Rate Reconciliation Foreign Income Inclusion Percent
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0.043
CY2019 ccs Effective Income Tax Rate Reconciliation Foreign Income Inclusion Percent
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0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.035
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.017
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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0.001
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CY2021 ccs Effective Income Tax Rate Reconciliation Intra Entity Tax Benefit Percent
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0
CY2020 ccs Effective Income Tax Rate Reconciliation Intra Entity Tax Benefit Percent
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0
CY2019 ccs Effective Income Tax Rate Reconciliation Intra Entity Tax Benefit Percent
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-0.317
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0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2021 ccs Effective Income Tax Rate Reconciliation Return To Provision Adjustment Percent
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0
CY2020 ccs Effective Income Tax Rate Reconciliation Return To Provision Adjustment Percent
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0.013
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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245000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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0 USD
CY2019 ccs Effective Income Tax Rate Reconciliation Return To Provision Adjustment Percent
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0
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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-0.229
CY2019Q4 ccs Number Of Foreign Subsidiaries Involved In Intra Entity Asset Transfer
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2 subsidiary
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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48000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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49000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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173000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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0 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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2669000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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2179000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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860000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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609000 USD
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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30887000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
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