2018 Q4 Form 10-Q Financial Statement

#000114420418057326 Filed on November 05, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $57.31M $55.69M $45.77M
YoY Change 8.79% 21.65% 16.06%
Cost Of Revenue $36.89M $35.83M $30.49M
YoY Change 3.94% 17.51% 12.47%
Gross Profit $20.42M $19.86M $15.28M
YoY Change 18.79% 29.92% 23.86%
Gross Profit Margin 35.63% 35.66% 33.39%
Selling, General & Admin $16.46M $15.77M $14.43M
YoY Change -0.06% 9.3% 25.71%
% of Gross Profit 80.62% 79.43% 94.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.080M $1.106M $725.0K
YoY Change -7.56% 52.55% -9.38%
% of Gross Profit 10.19% 5.57% 4.74%
Operating Expenses $16.46M $15.85M $16.33M
YoY Change 0.0% -2.99% 42.27%
Operating Profit $3.788M $4.012M -$1.049M
YoY Change 912.83% -482.46% -221.98%
Interest Expense -$320.0K -$303.0K -$71.00K
YoY Change -5.88% 326.76% -90.14%
% of Operating Profit -8.45% -7.55%
Other Income/Expense, Net -$390.0K -$201.0K $142.0K
YoY Change 333.33% -241.55% -66.19%
Pretax Income $3.080M $3.811M -$907.0K
YoY Change -5233.33% -520.18% -435.93%
Income Tax -$470.0K -$316.0K $676.0K
% Of Pretax Income -15.26% -8.29%
Net Earnings $3.548M $4.127M -$1.583M
YoY Change -41.05% -360.71% 286.1%
Net Earnings / Revenue 6.19% 7.41% -3.46%
Basic Earnings Per Share $0.12 $0.14 -$0.05
Diluted Earnings Per Share $0.12 $0.14 -$0.05
COMMON SHARES
Basic Shares Outstanding 29.85M 29.74M 30.02M
Diluted Shares Outstanding 30.17M 30.02M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.500M $3.000M $1.700M
YoY Change 31.58% 76.47% -98.23%
Cash & Equivalents $2.486M $3.005M
Short-Term Investments
Other Short-Term Assets $5.100M $4.300M $2.400M
YoY Change 41.67% 79.17% 50.0%
Inventory $64.93M $60.84M $67.00M
Prepaid Expenses
Receivables $35.94M $39.30M $35.40M
Other Receivables $100.0K $0.00 $0.00
Total Short-Term Assets $108.5M $107.5M $106.5M
YoY Change 9.11% 0.98% -37.65%
LONG-TERM ASSETS
Property, Plant & Equipment $23.40M $22.97M $24.30M
YoY Change -3.88% -5.47% 116.96%
Goodwill $18.09M $18.09M
YoY Change 1.94%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.026M $1.489M $400.0K
YoY Change 142.93% 272.25% 0.0%
Total Long-Term Assets $104.6M $104.6M $109.3M
YoY Change -3.13% -4.34% 145.07%
TOTAL ASSETS
Total Short-Term Assets $108.5M $107.5M $106.5M
Total Long-Term Assets $104.6M $104.6M $109.3M
Total Assets $213.1M $212.1M $215.8M
YoY Change 2.74% -1.72% 0.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.50M $21.50M $21.70M
YoY Change 16.22% -0.92% 4.83%
Accrued Expenses $7.446M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $41.00K $41.00K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $21.74M $21.79M $23.50M
YoY Change 9.89% -7.26% -45.85%
LONG-TERM LIABILITIES
Long-Term Debt $22.11M $22.66M $27.40M
YoY Change 6.06% -17.32%
Other Long-Term Liabilities $159.0K $101.0K $200.0K
YoY Change -9.14% -49.5% -50.0%
Total Long-Term Liabilities $22.26M $22.76M $27.60M
YoY Change 5.93% -17.55% 6800.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.74M $21.79M $23.50M
Total Long-Term Liabilities $22.26M $22.76M $27.60M
Total Liabilities $46.92M $48.10M $60.30M
YoY Change 5.52% -20.23% 14.42%
SHAREHOLDERS EQUITY
Retained Earnings -$304.6M -$307.4M
YoY Change -1.87%
Common Stock $3.000K $3.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.10M $17.12M
YoY Change 45.81%
Treasury Stock Shares
Shareholders Equity $166.2M $164.0M $155.5M
YoY Change
Total Liabilities & Shareholders Equity $213.1M $212.1M $215.8M
YoY Change 2.74% -1.72% 0.19%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $3.548M $4.127M -$1.583M
YoY Change -41.05% -360.71% 286.1%
Depreciation, Depletion And Amortization $2.080M $1.106M $725.0K
YoY Change -7.56% 52.55% -9.38%
Cash From Operating Activities $3.780M -$310.0K -$8.960M
YoY Change -50.65% -96.54% 2615.15%
INVESTING ACTIVITIES
Capital Expenditures -$1.520M -$330.0K -$770.0K
YoY Change 63.44% -57.14% -21.43%
Acquisitions
YoY Change
Other Investing Activities -$370.0K $0.00 -$79.24M
YoY Change -100.0% -873.83%
Cash From Investing Activities -$1.890M -$330.0K -$80.00M
YoY Change 103.23% -99.59% -963.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.270M 1.090M 27.22M
YoY Change -65.34% -96.0% -2277.6%
NET CHANGE
Cash From Operating Activities 3.780M -310.0K -8.960M
Cash From Investing Activities -1.890M -330.0K -80.00M
Cash From Financing Activities -2.270M 1.090M 27.22M
Net Change In Cash -380.0K 450.0K -61.74M
YoY Change -311.11% -100.73% -903.91%
FREE CASH FLOW
Cash From Operating Activities $3.780M -$310.0K -$8.960M
Capital Expenditures -$1.520M -$330.0K -$770.0K
Free Cash Flow $5.300M $20.00K -$8.190M
YoY Change -38.3% -100.24% -1360.0%

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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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InterestIncomeExpenseNonoperatingNet
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CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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CY2018Q3 us-gaap Interest Income Expense Nonoperating Net
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InterestPaidNet
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CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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InventoryNet
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InventoryNet
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InventoryRawMaterialsAndSupplies
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us-gaap Share Based Compensation
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CY2018Q3 us-gaap Selling General And Administrative Expense
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InventoryWorkInProcess
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CY2017Q4 us-gaap Land
Land
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Land
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LeaseAndRentalExpense
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LeaseAndRentalExpense
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CY2018Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
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CY2018Q3 us-gaap Liabilities
Liabilities
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CY2018Q3 us-gaap Liabilities And Stockholders Equity
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LongTermDebt
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LongTermDebtAndCapitalLeaseObligations
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LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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LongTermDebtNoncurrent
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CY2017Q4 us-gaap Machinery And Equipment Gross
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MachineryAndEquipmentGross
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us-gaap Nature Of Operations
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<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">Nature of Business</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt"> <font style="display: inline;font-size:10pt;">Headquartered in Salt Lake City, Utah, Clarus, a company focused on the outdoor and consumer industries, is seeking opportunities to acquire and grow businesses that can generate attractive shareholder returns. The Company has substantial net operating tax loss carryforwards that it is seeking to redeploy to maximize shareholder value in outdoor and consumer businesses. Clarus&#x2019; primary business is as a leading developer, manufacturer and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport categories. The Company&#x2019;s products are principally sold under the Black Diamond&#xAE;, Sierra&#xAE; and PIEPS&#xAE; brand names through specialty and online retailers, distributors and original equipment manufacturers throughout the U.S. and internationally.</font><font style="display: inline;font-family:Calibri;color:#000000;font-size:11pt;">&nbsp;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">Through our Black Diamond and PIEPS brands, we offer a broad range of products including: high performance apparel (such as jackets, shells, pants and bibs); rock-climbing equipment (such as carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gear); technical backpacks and high-end day packs; tents; trekking poles; headlamps and lanterns; and gloves and mittens. We also offer advanced skis, ski poles, ski skins, and snow safety products, including avalanche airbag systems, avalanche transceivers, shovels, and probes.&nbsp;&nbsp;Through our Sierra brand, we manufacture a wide range of high performance bullets for both rifles and pistols that are used for precision target shooting, hunting and military and law enforcement purposes.</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4491000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4285000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81104000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7612000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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350
us-gaap Net Income Loss
NetIncomeLoss
-6692000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-1583000
us-gaap Net Income Loss
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3753000
CY2018Q3 us-gaap Net Income Loss
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NonoperatingIncomeExpense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-989000
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-201000
us-gaap Number Of Reportable Segments
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2
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OperatingExpenses
41811000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Expenses
OperatingExpenses
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OperatingExpenses
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us-gaap Operating Income Loss
OperatingIncomeLoss
-5189000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1049000
us-gaap Operating Income Loss
OperatingIncomeLoss
4383000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4012000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1489000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
218000
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-1797000
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-419000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-193000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-546000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-54000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
265000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
175000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-247000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
101000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
435000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
213000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
31000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
102000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-374000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4709000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
334000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1032000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
741000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
79238000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
345000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1919000
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
771000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1854000
CY2018Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
336000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1919000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
22690000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
8879000
us-gaap Restructuring Charges
RestructuringCharges
116000
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
33000
us-gaap Restructuring Charges
RestructuringCharges
86000
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
22000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-307378000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
118010000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4362000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
36232000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
53000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
179000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
467000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
39164000
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
40534000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22971000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-43000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
45774000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
154834000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55686000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39826000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14431000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
48692000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
500
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2184
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
162982000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
163994000
CY2010Q2 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.05
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
17124000
us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">Use of Estimates</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.&nbsp;&nbsp;The more significant estimates relate to purchase price allocation, excess or obsolete inventory, and valuation of deferred tax assets.&nbsp;&nbsp;We base our estimates on historical experience and other assumptions that are believed to be reasonable under the circumstances.&nbsp;&nbsp;Actual results could differ from these estimates.</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30015000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30017000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30162000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30166000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30015000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30017000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29939000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29739000

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