$CLAR
Clarus Corp

2024 Q2 Form 10-Q Financial Statement

#000155837024006566 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $56.48M $69.31M
YoY Change -32.54% -28.83%
Cost Of Revenue $36.08M $44.46M
YoY Change -31.89% -27.55%
Gross Profit $20.41M $24.85M
YoY Change -33.65% -31.01%
Gross Profit Margin 36.13% 35.85%
Selling, General & Admin $28.08M $28.22M
YoY Change -7.02% -14.03%
% of Gross Profit 137.61% 113.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.496M $1.026M
YoY Change -32.3% -42.71%
% of Gross Profit 17.13% 4.13%
Operating Expenses $28.54M $31.63M
YoY Change -5.49% 0.95%
Operating Profit -$8.137M -$6.774M
YoY Change -1568.77% -244.34%
Interest Expense $455.0K $370.0K
YoY Change -115.93% -113.47%
% of Operating Profit
Other Income/Expense, Net $869.0K -$539.0K
YoY Change 287.95% -79.74%
Pretax Income -$7.268M -$7.313M
YoY Change 152.89% -459.89%
Income Tax -$1.775M -$851.0K
% Of Pretax Income
Net Earnings -$5.493M $21.88M
YoY Change 162.7% 1269.46%
Net Earnings / Revenue -9.72% 31.57%
Basic Earnings Per Share -$0.14 $0.57
Diluted Earnings Per Share -$0.14 $0.57
COMMON SHARES
Basic Shares Outstanding 38.30M 38.24M
Diluted Shares Outstanding 38.30M 38.21M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.22M $47.48M
YoY Change 308.49% 360.56%
Cash & Equivalents $46.22M $47.48M
Short-Term Investments
Other Short-Term Assets $6.018M $7.966M
YoY Change -29.56% -19.09%
Inventory $91.46M $88.63M
Prepaid Expenses
Receivables $43.72M $51.95M
Other Receivables $1.371M $930.0K
Total Short-Term Assets $188.8M $197.0M
YoY Change -16.19% -17.02%
LONG-TERM ASSETS
Property, Plant & Equipment $17.03M $16.35M
YoY Change -59.38% -61.27%
Goodwill $38.83M $38.30M
YoY Change -37.8% -38.92%
Intangibles $57.69M $56.90M
YoY Change -29.62% -30.99%
Long-Term Investments
YoY Change
Other Assets $14.08M $14.66M
YoY Change -63.54% -28.17%
Total Long-Term Assets $180.6M $180.0M
YoY Change -33.78% -35.11%
TOTAL ASSETS
Total Short-Term Assets $188.8M $197.0M
Total Long-Term Assets $180.6M $180.0M
Total Assets $369.4M $377.0M
YoY Change -25.82% -26.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.533M $12.77M
YoY Change -61.31% -49.42%
Accrued Expenses $23.36M $22.44M
YoY Change 14.94% 1.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $44.00K
YoY Change -100.0% -99.65%
Total Short-Term Liabilities $32.89M $36.07M
YoY Change -43.18% -40.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $37.00K
YoY Change -100.0% -99.97%
Other Long-Term Liabilities $12.53M $13.17M
YoY Change -28.41% -29.11%
Total Long-Term Liabilities $12.53M $13.20M
YoY Change -90.52% -90.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.89M $36.07M
Total Long-Term Liabilities $12.53M $13.20M
Total Liabilities $62.12M $66.60M
YoY Change -70.14% -69.98%
SHAREHOLDERS EQUITY
Retained Earnings -$336.3M -$329.8M
YoY Change -0.87% -1.89%
Common Stock $4.000K $4.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.11M $33.11M
YoY Change 0.56% 0.88%
Treasury Stock Shares
Shareholders Equity $307.3M $310.4M
YoY Change
Total Liabilities & Shareholders Equity $369.4M $377.0M
YoY Change -25.82% -26.77%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$5.493M $21.88M
YoY Change 162.7% 1269.46%
Depreciation, Depletion And Amortization $3.496M $1.026M
YoY Change -32.3% -42.71%
Cash From Operating Activities $834.0K -$16.36M
YoY Change -94.08% -611.44%
INVESTING ACTIVITIES
Capital Expenditures $1.578M $1.897M
YoY Change -11.4% 28.96%
Acquisitions
YoY Change
Other Investing Activities $132.0K $175.8M
YoY Change 62.96% 199621.59%
Cash From Investing Activities -$1.446M $173.6M
YoY Change -14.94% -12653.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -754.0K -120.8M
YoY Change -93.03% 3751.12%
NET CHANGE
Cash From Operating Activities 834.0K -16.36M
Cash From Investing Activities -1.446M 173.6M
Cash From Financing Activities -754.0K -120.8M
Net Change In Cash -1.366M 36.16M
YoY Change -187.4% -2165.11%
FREE CASH FLOW
Cash From Operating Activities $834.0K -$16.36M
Capital Expenditures $1.578M $1.897M
Free Cash Flow -$744.0K -$18.26M
YoY Change -106.05% -1156.6%

Facts In Submission

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CY2024Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2024Q1 us-gaap Proceeds From Long Term Lines Of Credit
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CY2023Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
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CY2024Q1 us-gaap Repayments Of Long Term Lines Of Credit
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41580000
CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
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CY2024Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
109381000
CY2023Q1 us-gaap Repayments Of Other Long Term Debt
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10310000
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2024Q1 us-gaap Interest Paid Net
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CY2023Q1 us-gaap Interest Paid Net
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CY2024Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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StockholdersEquity
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CommonStockDividendsPerShareCashPaid
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StockholdersEquity
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CY2024Q1 us-gaap Stockholders Equity
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CY2024Q1 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Nature of Business</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Headquartered in Salt Lake City, Utah, we are a global leading designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products focused on the outdoor enthusiast markets. Each of our brands has a long history of continuous product innovation for core and everyday users alike. The Company’s products are principally sold globally under the Black Diamond®, Rhino-Rack®, MAXTRAX®, and TRED Outdoors® brand names through outdoor specialty and online retailers, our own websites, distributors and original equipment manufacturers.</p>
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The more significant estimates relate to the fair value of net assets acquired in business combinations, provision for excess or obsolete inventory, allowance for credit losses, and valuation of contingent consideration liabilities, deferred tax assets, long-lived assets, goodwill and indefinite-lived intangible assets, and other intangible assets. We base our estimates on historical experience, projected future cash flows, and other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from these estimates.</p>
CY2024Q1 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
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CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
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CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
295000
CY2024Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
11865000
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
12227000
CY2024Q1 us-gaap Inventory Net
InventoryNet
88630000
CY2023Q4 us-gaap Inventory Net
InventoryNet
91409000
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43510000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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27165000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26369000
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16345000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16587000
CY2024Q1 clar Depreciation Continued Operations
DepreciationContinuedOperations
1026000
CY2023Q1 clar Depreciation Continued Operations
DepreciationContinuedOperations
939000
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GoodwillGross
120882000
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GoodwillImpairedAccumulatedImpairmentLoss
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CY2023Q4 us-gaap Goodwill
Goodwill
39320000
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CY2024Q1 us-gaap Goodwill
Goodwill
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CY2024Q1 us-gaap Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
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CY2024Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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IndefiniteLivedTrademarks
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IndefiniteLivedTrademarks
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FiniteLivedIntangibleAssetsGross
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IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
163000
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FiniteLivedIntangibleAssetsGross
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CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsNet
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CY2024Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
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FiniteLivedIntangibleAssetsGross
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FiniteLivedIntangibleAssetsAccumulatedAmortization
40637000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
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CY2024Q1 clar Amortization Continued Operations
AmortizationContinuedOperations
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2768000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
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FiniteLivedIntangibleAssetsNet
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ProductWarrantyAccrualClassifiedCurrent
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CY2024Q1 us-gaap Accrued Liabilities Current
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24580000
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OtherAccruedLiabilitiesNoncurrent
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OtherAccruedLiabilitiesNoncurrent
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CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
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AccountsPayableAndAccruedLiabilitiesNoncurrent
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LongTermDebtCurrent
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CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
37000
CY2024Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2024Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
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CY2024Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
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CY2024Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
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CY2024Q1 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
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ForeignCurrencyContractsLiabilityFairValueDisclosure
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CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
129000
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
385000
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DividendsPayableAmountPerShareQuarterly
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CY2018Q3 clar Dividends Payable Amount Per Share Annually
DividendsPayableAmountPerShareAnnually
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37137000
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IncomeLossFromContinuingOperationsPerBasicShare
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IncomeLossFromContinuingOperationsPerBasicShare
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CY2024Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2023Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2024Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
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CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.09
CY2024Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.74
CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.09
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5047000
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3713000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
500000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
3486000
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AllocatedShareBasedCompensationExpense
1178000
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AllocatedShareBasedCompensationExpense
1286000
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EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
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CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
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CY2024Q1 us-gaap Restructuring Charges
RestructuringCharges
370000
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
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RestructuringAndRelatedCostCostIncurredToDate1
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CY2023 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
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CY2024Q1 us-gaap Severance Costs1
SeveranceCosts1
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BusinessExitCosts1
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RestructuringCharges
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CY2024Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
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CY2024Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
12000
CY2024Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
643000
CY2024Q1 clar Foreign Operations Permanently Reinvested Statutory Income Tax Rate
ForeignOperationsPermanentlyReinvestedStatutoryIncomeTaxRate
0.21
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.116
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
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DeferredTaxAssetsGross
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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DeferredTaxAssetsNet
39179000
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
34434000
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DeferredTaxAssetsOperatingLossCarryforwards
7699000
CY2024Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
2997000
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
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CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
70278000
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CorporateAndOtherExpenses
4293000
CY2023Q1 clar Corporate And Other Expenses
CorporateAndOtherExpenses
4338000
CY2024Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
370000
CY2023Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
76000
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7313000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2365000
CY2024Q1 clar Assets Continued Operations
AssetsContinuedOperations
376976000
CY2023Q4 clar Assets Continued Operations
AssetsContinuedOperations
358054000
CY2024Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1011000
CY2023Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
732000
CY2024Q1 clar Depreciation Continued Operations
DepreciationContinuedOperations
1026000
CY2023Q1 clar Depreciation Continued Operations
DepreciationContinuedOperations
939000
CY2024Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
2449000
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
2768000
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001558370-24-006566-index.html Edgar Link pending
0001558370-24-006566.txt Edgar Link pending
0001558370-24-006566-xbrl.zip Edgar Link pending
clar-20240331.xsd Edgar Link pending
clar-20240331x10q.htm Edgar Link pending
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clar-20240331_cal.xml Edgar Link unprocessable