$CLFD
Clearfield, Inc.

2019 Form 10-K Financial Statement

#000117184319007586 Filed on November 15, 2019

View on sec.gov

Income Statement

Concept 2019 2018 Q3 2018
Revenue $85.03M $22.47M $77.65M
YoY Change 9.51% 21.99% 5.01%
Cost Of Revenue $52.35M $13.86M $46.65M
YoY Change 12.2% 29.05% 6.8%
Gross Profit $32.69M $8.620M $31.00M
YoY Change 5.46% 12.24% 2.42%
Gross Profit Margin 38.44% 38.36% 39.92%
Selling, General & Admin $27.50M $6.070M $25.93M
YoY Change 6.08% -1.46% 3.9%
% of Gross Profit 84.13% 70.42% 83.64%
Research & Development $1.090M $787.4K
YoY Change 38.39% -9.03%
% of Gross Profit 3.33% 2.54%
Depreciation & Amortization $2.178M $500.0K $2.048M
YoY Change 6.38% 21.95% 26.24%
% of Gross Profit 6.66% 5.8% 6.61%
Operating Expenses $28.59M $6.070M $26.71M
YoY Change 7.03% -1.46% 3.47%
Operating Profit $5.188M $2.550M $5.071M
YoY Change 2.31% 67.76% -4.54%
Interest Expense $740.0K $130.0K $460.0K
YoY Change 60.87% 44.44% 70.37%
% of Operating Profit 14.26% 5.1% 9.07%
Other Income/Expense, Net
YoY Change
Pretax Income $5.927M $2.670M $5.528M
YoY Change 7.21% 65.84% -1.04%
Income Tax $1.360M $790.0K $1.253M
% Of Pretax Income 22.95% 29.59% 22.67%
Net Earnings $4.566M $1.880M $4.275M
YoY Change 6.82% 49.21% 11.09%
Net Earnings / Revenue 5.37% 8.37% 5.5%
Basic Earnings Per Share $0.34 $0.32
Diluted Earnings Per Share $0.34 $140.4K $0.32
COMMON SHARES
Basic Shares Outstanding 13.44M 13.43M
Diluted Shares Outstanding 13.45M 13.45M

Balance Sheet

Concept 2019 2018 Q3 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.61M $17.50M $17.48M
YoY Change 35.07% -28.57% -28.57%
Cash & Equivalents $10.08M $8.548M $8.550M
Short-Term Investments $13.52M $8.900M $8.930M
Other Short-Term Assets $770.0K $742.1K $740.0K
YoY Change 4.05% -24.19% -24.49%
Inventory $9.010M $10.05M $10.05M
Prepaid Expenses
Receivables $9.120M $12.82M $12.82M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $42.51M $41.09M $41.09M
YoY Change 3.46% -0.13% -0.12%
LONG-TERM ASSETS
Property, Plant & Equipment $5.410M $4.745M $4.740M
YoY Change 14.14% -12.69% -12.71%
Goodwill $4.709M
YoY Change 83.17%
Intangibles $5.483M
YoY Change 1825.14%
Long-Term Investments $23.90M $18.00M $17.97M
YoY Change 33.0% -9.09% -9.33%
Other Assets $210.0K $227.5K $230.0K
YoY Change -8.7% -7.22% -56.6%
Total Long-Term Assets $39.38M $33.14M $33.14M
YoY Change 18.83% 16.88% 16.9%
TOTAL ASSETS
Total Short-Term Assets $42.51M $41.09M $41.09M
Total Long-Term Assets $39.38M $33.14M $33.14M
Total Assets $81.89M $74.23M $74.23M
YoY Change 10.32% 6.81% 6.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.170M $2.363M $2.360M
YoY Change 34.32% 35.84% 35.63%
Accrued Expenses $3.430M $568.5K $2.620M
YoY Change 30.92% 509.31% 4.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.610M $4.981M $4.980M
YoY Change 32.73% 17.39% 17.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $250.0K $300.0K $270.0K
YoY Change -7.41% 0.0% -3.57%
Total Long-Term Liabilities $250.0K $373.0K $270.0K
YoY Change -7.41% -48.61% -3.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.610M $4.981M $4.980M
Total Long-Term Liabilities $250.0K $373.0K $270.0K
Total Liabilities $6.960M $5.354M $5.350M
YoY Change 30.09% 7.75% 7.65%
SHAREHOLDERS EQUITY
Retained Earnings $13.25M
YoY Change 47.6%
Common Stock $136.5K
YoY Change -1.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $74.93M $68.87M $68.87M
YoY Change
Total Liabilities & Shareholders Equity $81.89M $74.23M $74.23M
YoY Change 10.32% 6.81% 6.82%

Cashflow Statement

Concept 2019 2018 Q3 2018
OPERATING ACTIVITIES
Net Income $4.566M $1.880M $4.275M
YoY Change 6.82% 49.21% 11.09%
Depreciation, Depletion And Amortization $2.178M $500.0K $2.048M
YoY Change 6.38% 21.95% 26.24%
Cash From Operating Activities $14.73M $250.0K $4.548M
YoY Change 223.97% -93.39% -27.79%
INVESTING ACTIVITIES
Capital Expenditures $2.512M -$270.0K $1.190M
YoY Change 111.09% -30.77% -41.14%
Acquisitions
YoY Change
Other Investing Activities -$10.45M -$190.0K -$11.42M
YoY Change -8.49% -93.38% 19.96%
Cash From Investing Activities -$12.96M -$460.0K -$12.61M
YoY Change 2.81% -85.85% 9.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$313.9K $1.463M
YoY Change -121.46% -55.85%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -236.7K -530.0K -1.928M
YoY Change -87.72% -69.54% -54.49%
NET CHANGE
Cash From Operating Activities 14.73M 250.0K 4.548M
Cash From Investing Activities -12.96M -460.0K -12.61M
Cash From Financing Activities -236.7K -530.0K -1.928M
Net Change In Cash 1.534M -740.0K -9.988M
YoY Change -115.36% -38.84% 5.38%
FREE CASH FLOW
Cash From Operating Activities $14.73M $250.0K $4.548M
Capital Expenditures $2.512M -$270.0K $1.190M
Free Cash Flow $12.22M $520.0K $3.358M
YoY Change 263.97% -87.53% -21.49%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q3 clfd Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
33968551
CY2018Q3 clfd Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
28392527
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0000796505
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019 dei Entity Registrant Name
EntityRegistrantName
Clearfield, Inc.
CY2019 dei Entity Small Business
EntitySmallBusiness
true
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2019 dei Trading Symbol
TradingSymbol
clfd
CY2019 clfd Deferred Tax Asset Valuation Allowance Income Tax Benefit Adjustment
DeferredTaxAssetValuationAllowanceIncomeTaxBenefitAdjustment
10448
CY2018 clfd Deferred Tax Asset Valuation Allowance Income Tax Benefit Adjustment
DeferredTaxAssetValuationAllowanceIncomeTaxBenefitAdjustment
79377
CY2017 clfd Deferred Tax Asset Valuation Allowance Income Tax Benefit Adjustment
DeferredTaxAssetValuationAllowanceIncomeTaxBenefitAdjustment
-32154
CY2019 clfd Deferred Tax Asset Valuation Allowance State Nol Expiration Reversal
DeferredTaxAssetValuationAllowanceStateNolExpirationReversal
-68292
CY2018 clfd Deferred Tax Asset Valuation Allowance State Nol Expiration Reversal
DeferredTaxAssetValuationAllowanceStateNolExpirationReversal
-133673
CY2017 clfd Deferred Tax Asset Valuation Allowance State Nol Expiration Reversal
DeferredTaxAssetValuationAllowanceStateNolExpirationReversal
-131096
CY2019 clfd Effective Income Tax Rate Reconciliation Expiration Of State Net Operating Loss Percent
EffectiveIncomeTaxRateReconciliationExpirationOfStateNetOperatingLossPercent
-0.02
CY2018 clfd Effective Income Tax Rate Reconciliation Expiration Of State Net Operating Loss Percent
EffectiveIncomeTaxRateReconciliationExpirationOfStateNetOperatingLossPercent
-0.04
CY2017 clfd Effective Income Tax Rate Reconciliation Expiration Of State Net Operating Loss Percent
EffectiveIncomeTaxRateReconciliationExpirationOfStateNetOperatingLossPercent
-0.03
CY2019 clfd Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
CY2018 clfd Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
CY2017 clfd Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
-0.01
CY2019 clfd Effective Income Tax Rate Reconciliation Prospectively Adopted New Accouting Principle Excess Tax Benefits From Stock Based Comepnsation Percent
EffectiveIncomeTaxRateReconciliationProspectivelyAdoptedNewAccoutingPrincipleExcessTaxBenefitsFromStockBasedComepnsationPercent
0.01
CY2018 clfd Effective Income Tax Rate Reconciliation Prospectively Adopted New Accouting Principle Excess Tax Benefits From Stock Based Comepnsation Percent
EffectiveIncomeTaxRateReconciliationProspectivelyAdoptedNewAccoutingPrincipleExcessTaxBenefitsFromStockBasedComepnsationPercent
0.02
CY2017 clfd Effective Income Tax Rate Reconciliation Prospectively Adopted New Accouting Principle Excess Tax Benefits From Stock Based Comepnsation Percent
EffectiveIncomeTaxRateReconciliationProspectivelyAdoptedNewAccoutingPrincipleExcessTaxBenefitsFromStockBasedComepnsationPercent
-0.01
CY2019 clfd Increase Decrease In Accounts Payable Accrued Expenses And Deferred Rent
IncreaseDecreaseInAccountsPayableAccruedExpensesAndDeferredRent
1604655
CY2018 clfd Increase Decrease In Accounts Payable Accrued Expenses And Deferred Rent
IncreaseDecreaseInAccountsPayableAccruedExpensesAndDeferredRent
723990
CY2017 clfd Increase Decrease In Accounts Payable Accrued Expenses And Deferred Rent
IncreaseDecreaseInAccountsPayableAccruedExpensesAndDeferredRent
-3064650
CY2019 clfd Increase Decrease In Allowance For Doubtful Accounts
IncreaseDecreaseInAllowanceForDoubtfulAccounts
210000
CY2018 clfd Increase Decrease In Allowance For Doubtful Accounts
IncreaseDecreaseInAllowanceForDoubtfulAccounts
CY2017 clfd Increase Decrease In Allowance For Doubtful Accounts
IncreaseDecreaseInAllowanceForDoubtfulAccounts
CY2019 clfd Issuance Of Common Stock Funded Through Shares Sold To Company
IssuanceOfCommonStockFundedThroughSharesSoldToCompany
17390
CY2018 clfd Issuance Of Common Stock Funded Through Shares Sold To Company
IssuanceOfCommonStockFundedThroughSharesSoldToCompany
5782
CY2017 clfd Issuance Of Common Stock Funded Through Shares Sold To Company
IssuanceOfCommonStockFundedThroughSharesSoldToCompany
34268
CY2019 clfd Number Of Patents Granted
NumberOfPatentsGranted
19
CY2018 clfd Sharebased Compensation Arrangement By Sharebased Payment Award Options Grants In Period Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm
P4Y255D
CY2017 clfd Stock Issued During Period Value Stock Options Exercised Net Of Shares Exchanged For Payment
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment
28717
CY2018 clfd Stock Issued During Period Value Stock Options Exercised Net Of Shares Exchanged For Payment
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment
24012
CY2019 clfd Stock Issued During Period Value Stock Options Exercised Net Of Shares Exchanged For Payment
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment
2604
CY2017Q2 clfd Stock Repurchase Program Increase In Authorized Amount
StockRepurchaseProgramIncreaseInAuthorizedAmount
4000000
CY2019 dei Amendment Flag
AmendmentFlag
false
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2019 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019 dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2019 dei Document Type
DocumentType
10-K
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13641805
CY2019 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q1 dei Entity Public Float
EntityPublicFloat
163326246
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2019 dei Security12b Title
Security12bTitle
Common Stock, $.01 par value
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3173599
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
2363380
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9118639
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12821258
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
71652
CY2018 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
CY2017 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
CY2019Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
145000
CY2018Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
464000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
208603
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
568507
CY2019Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3224860
CY2018Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2048904
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8380221
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6911569
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
56976162
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
55483759
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
952832
CY2018 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
489428
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
553165
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2319975
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2003207
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1729025
CY2019 us-gaap Advertising Expense
AdvertisingExpense
278057
CY2018 us-gaap Advertising Expense
AdvertisingExpense
365859
CY2017 us-gaap Advertising Expense
AdvertisingExpense
378217
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1729025
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2003207
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2319975
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
79085
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
289085
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
79085
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
93473
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
210000
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
14338
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
472827
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
298801
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7822
CY2019 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
8343
CY2018 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
23628
CY2017 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
128431
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
268000
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
108000
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2019Q3 us-gaap Assets
Assets
81888563
CY2018Q3 us-gaap Assets
Assets
74228642
CY2019Q3 us-gaap Assets Current
AssetsCurrent
42506771
CY2018Q3 us-gaap Assets Current
AssetsCurrent
41091531
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10081721
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8547777
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18536111
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13646553
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
136418
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
136466
CY2019 us-gaap Cost Of Revenue
CostOfRevenue
52345059
CY2018 us-gaap Cost Of Revenue
CostOfRevenue
46654570
CY2017 us-gaap Cost Of Revenue
CostOfRevenue
43683360
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1260552
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28014321
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1533944
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9988334
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9478210
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1472512
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1627125
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1363682
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1592546
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1705677
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
103130
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
120034
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
78552
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-38534
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-463798
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13641805
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13646553
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13641805
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8680
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3245
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-339141
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
32297
CY2019Q3 us-gaap Deferred Rent Credit
DeferredRentCredit
246424
CY2018Q3 us-gaap Deferred Rent Credit
DeferredRentCredit
268040
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
35289
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
124657
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
23617
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
104858
CY2019Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
47014
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
159154
CY2018Q3 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
77
CY2019Q3 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
54676
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
322404
CY2019Q3 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
47014
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
104858
CY2019Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
101690
CY2018Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
104935
CY2019Q3 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
101690
CY2018Q3 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
104935
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
702202
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
654001
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
652615
CY2019 us-gaap Depreciation
Depreciation
1705583
CY2018 us-gaap Depreciation
Depreciation
1748945
CY2017 us-gaap Depreciation
Depreciation
1614272
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2178409
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2047746
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1622094
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.23
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.23
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.31
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.01
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.03
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.04
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.05
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.02
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.01
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2371309
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y328D
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
787365
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
314538
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5934500
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5797093
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5147135
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5482555
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
17691
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-35281
CY2019Q3 us-gaap Goodwill
Goodwill
4708511
CY2018Q3 us-gaap Goodwill
Goodwill
4708511
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Gross Profit
GrossProfit
32689123
CY2018 us-gaap Gross Profit
GrossProfit
30996784
CY2017 us-gaap Gross Profit
GrossProfit
30264259
CY2019Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
37426270
CY2018Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
26904225
CY2019Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
23902000
CY2018Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
17974000
CY2019Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
13524270
CY2018Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
8930225
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
643604
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019Q3 us-gaap Inventory Net
InventoryNet
9012980
CY2018Q3 us-gaap Inventory Net
InventoryNet
10050135
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5926593
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5527952
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5585813
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1360437
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1253405
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1737974
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1683113
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
719694
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1471203
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3492619
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5583617
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-761569
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1037155
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1183998
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
80412
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10469
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-254501
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-180456
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5147135
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5482555
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1356720
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3475981
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7115298
CY2018Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6013166
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
540962
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
560988
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
738459
CY2018 us-gaap Investment Income Interest
InvestmentIncomeInterest
457101
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
273930
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12962039
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12607876
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
908000
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
869000
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
768000
CY2019Q3 us-gaap Liabilities
Liabilities
6955176
CY2018Q3 us-gaap Liabilities
Liabilities
5353766
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
81888563
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
74228642
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6607062
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4980791
CY2019Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
348114
CY2018Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
372975
CY2019Q3 us-gaap Long Term Investments
LongTermInvestments
23902000
CY2018Q3 us-gaap Long Term Investments
LongTermInvestments
17974000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-236670
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1927998
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4236737
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11539526
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14732653
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4547540
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6298053
CY2019 us-gaap Net Income Loss
NetIncomeLoss
4566156
CY2018 us-gaap Net Income Loss
NetIncomeLoss
4274547
CY2017 us-gaap Net Income Loss
NetIncomeLoss
3847839
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
5188134
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
5070851
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
5311883
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2851816
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
643040
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
516720
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
503895
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
491397
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
479213
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
217551
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
769161
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
742136
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
210905
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
227461
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1760442
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3647314
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
553165
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
489428
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
952832
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
10350000
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
CY2019 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
20311393
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
7283075
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
17630075
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2511646
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1189853
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2021551
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
313891
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
297860
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
334692
CY2019 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
9861000
CY2018 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
6132000
CY2017 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
8107000
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
83052
CY2017 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5100
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2604
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
24012
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28717
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13793462
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11656153
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5413241
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4744584
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1089637
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
787364
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
17820807
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
865568
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13254651
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
85034182
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
77651354
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
73947619
CY2019 us-gaap Revenues
Revenues
85034000
CY2018 us-gaap Revenues
Revenues
77651000
CY2017 us-gaap Revenues
Revenues
73948000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
851134
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3777
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4368
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0292
CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
27500989
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25925933
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24952376
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1729025
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2003207
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
2319975
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
58750
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
30500
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.19
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.58
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
81728
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
75767
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
12000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
12.17
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
172000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
108000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.78
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.53
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
156173
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
-4097
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
38950
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
138500
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8450
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
290750
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
7750
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
334692
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.79
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.99
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.86
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
36000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
0
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y255D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y146D
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
13.51
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.66
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y324D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y14D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y299D
CY2019Q3 us-gaap Short Term Investments
ShortTermInvestments
13524270
CY2018Q3 us-gaap Short Term Investments
ShortTermInvestments
8930225
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.58
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.58
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.17
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.37
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
297860
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
313891
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
CY2017Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
12000000
CY2014Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
8000000
CY2019Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
5409326
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3647314
CY2018 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1760442
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
40933
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
41989
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
74933387
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
68874876
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
62594043
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
64525120
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><div style="display: inline; font-weight: bold;">Use of Estimates: </div>The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, related revenues and expenses and disclosure about contingent assets and liabilities at the date of the financial statements. Significant estimates include the rebates related to revenue recognition, stock based compensation and the valuation of inventory, long-lived assets, finite lived intangible assets and goodwill. Actual results <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>differ materially from these estimates.</div></div></div></div>
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13451214
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13452860
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13660806
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13442871
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13429232
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13532375

Files In Submission

Name View Source Status
0001171843-19-007586-index-headers.html Edgar Link pending
0001171843-19-007586-index.html Edgar Link pending
0001171843-19-007586.txt Edgar Link pending
0001171843-19-007586-xbrl.zip Edgar Link pending
clfd-20190930.xml Edgar Link completed
clfd-20190930.xsd Edgar Link pending
clfd-20190930_cal.xml Edgar Link unprocessable
clfd-20190930_def.xml Edgar Link unprocessable
clfd-20190930_lab.xml Edgar Link unprocessable
clfd-20190930_pre.xml Edgar Link unprocessable
exh_231.htm Edgar Link pending
exh_311.htm Edgar Link pending
exh_312.htm Edgar Link pending
exh_32.htm Edgar Link pending
exh_41.htm Edgar Link pending
f10k_111419p.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending