$CLFD
Clearfield, Inc.

2019 Q4 Form 10-Q Financial Statement

#000117184320000543 Filed on January 29, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4
Revenue $19.38M $20.09M
YoY Change -3.54% 19.1%
Cost Of Revenue $11.65M $12.14M
YoY Change -4.05% 24.43%
Gross Profit $7.728M $7.947M
YoY Change -2.76% 11.79%
Gross Profit Margin 39.88% 39.56%
Selling, General & Admin $7.327M $6.776M
YoY Change 8.13% 4.83%
% of Gross Profit 94.81% 85.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $607.0K $529.4K
YoY Change 14.65% 21.37%
% of Gross Profit 7.85% 6.66%
Operating Expenses $7.327M $6.776M
YoY Change 8.13% 4.83%
Operating Profit $400.9K $1.171M
YoY Change -65.76% 81.68%
Interest Expense $220.0K $140.0K
YoY Change 57.14% 40.0%
% of Operating Profit 54.87% 11.96%
Other Income/Expense, Net
YoY Change
Pretax Income $624.2K $1.306M
YoY Change -52.21% 76.44%
Income Tax $123.0K $296.0K
% Of Pretax Income 19.71% 22.67%
Net Earnings $501.2K $1.010M
YoY Change -50.38% 7.08%
Net Earnings / Revenue 2.59% 5.03%
Basic Earnings Per Share $0.04 $0.08
Diluted Earnings Per Share $0.04 $0.08
COMMON SHARES
Basic Shares Outstanding 13.51M 13.40M
Diluted Shares Outstanding 13.62M 13.40M

Balance Sheet

Concept 2019 Q4 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.10M $23.80M
YoY Change 5.46% -7.75%
Cash & Equivalents $10.59M $15.36M
Short-Term Investments $14.50M $8.500M
Other Short-Term Assets $825.1K $653.2K
YoY Change 26.31% -30.46%
Inventory $10.63M $9.626M
Prepaid Expenses
Receivables $7.026M $8.167M
Other Receivables $0.00 $0.00
Total Short-Term Assets $43.59M $42.30M
YoY Change 3.06% 4.46%
LONG-TERM ASSETS
Property, Plant & Equipment $5.682M $4.592M
YoY Change 23.73% -11.72%
Goodwill $4.709M $4.709M
YoY Change 0.0% 83.17%
Intangibles $5.060M $5.382M
YoY Change -5.99%
Long-Term Investments $21.70M $18.30M
YoY Change 18.58% -10.29%
Other Assets $202.5K $213.9K
YoY Change -5.32% -61.27%
Total Long-Term Assets $39.57M $33.19M
YoY Change 19.23% 15.71%
TOTAL ASSETS
Total Short-Term Assets $43.59M $42.30M
Total Long-Term Assets $39.57M $33.19M
Total Assets $83.16M $75.48M
YoY Change 10.17% 9.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.316M $1.918M
YoY Change 20.74% 59.17%
Accrued Expenses $327.2K $863.0K
YoY Change -62.09% 775.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.280M $4.553M
YoY Change 15.98% 65.7%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.900M $300.0K
YoY Change 533.33% 0.0%
Total Long-Term Liabilities $2.042M $368.6K
YoY Change 453.92% 8.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.280M $4.553M
Total Long-Term Liabilities $2.042M $368.6K
Total Liabilities $7.322M $4.921M
YoY Change 48.78% 59.4%
SHAREHOLDERS EQUITY
Retained Earnings $18.32M $14.26M
YoY Change 28.44% 43.75%
Common Stock $136.6K $136.6K
YoY Change -0.04% -1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $75.84M $70.56M
YoY Change
Total Liabilities & Shareholders Equity $83.16M $75.48M
YoY Change 10.17% 9.13%

Cashflow Statement

Concept 2019 Q4 2018 Q4
OPERATING ACTIVITIES
Net Income $501.2K $1.010M
YoY Change -50.38% 7.08%
Depreciation, Depletion And Amortization $607.0K $529.4K
YoY Change 14.65% 21.37%
Cash From Operating Activities -$99.83K $6.826M
YoY Change -101.46% 240.52%
INVESTING ACTIVITIES
Capital Expenditures $788.5K $276.6K
YoY Change 185.06% 20.26%
Acquisitions
YoY Change
Other Investing Activities $1.230M $120.0K
YoY Change 925.0% 1100.0%
Cash From Investing Activities $438.5K -$154.6K
YoY Change -383.66% -29.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $169.7K -$145.9K
YoY Change -216.25% 6.21%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 166.4K 139.3K
YoY Change 19.49% 6.0%
NET CHANGE
Cash From Operating Activities -99.83K 6.826M
Cash From Investing Activities 438.5K -154.6K
Cash From Financing Activities 166.4K 139.3K
Net Change In Cash 505.1K 6.811M
YoY Change -92.58% 255.29%
FREE CASH FLOW
Cash From Operating Activities -$99.83K $6.826M
Capital Expenditures $788.5K $276.6K
Free Cash Flow -$888.3K $6.549M
YoY Change -113.56% 269.07%

Facts In Submission

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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt 0; font-size: 10pt"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div> Basis of Presentation</div></div> <div style=" margin: 0pt 0; font-size: 10pt">&nbsp;</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; color: black">The accompanying (a) condensed balance sheet as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2019, </div>which has been derived from audited financial statements, and (b) unaudited interim condensed financial statements as of and for the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> months ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2019 </div>have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, pursuant to the rules and regulations of the Securities and Exchange Commission. Pursuant to these rules and regulations, certain financial information and footnote disclosures normally included in the financial statements have been condensed or omitted. However, in the opinion of management, the financial statements include all adjustments, consisting of normal recurring accruals, necessary for a fair presentation of the financial position, results of operations and cash flows of the interim periods presented. </div>Operating results for the interim periods presented are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> necessarily indicative of results to be expected for the full year or for any other interim period, due to variability in customer purchasing patterns and seasonal, operating and other factors. <div style="display: inline; color: black">These condensed financial statements should be read in conjunction with the financial statements and notes thereto included in the Company&#x2019;s Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2019.</div></div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">&nbsp;</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">In preparation of the Company&#x2019;s financial statements, management is required to make estimates and assumptions that affect reported amounts of assets and liabilities and related revenues and expenses during the reporting periods. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">&nbsp;</div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; font-weight: bold;">Recently Adopted Accounting Pronouncements</div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in"><div style="display: inline; font-weight: bold;">&nbsp;</div></div> <div style=" margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">Effective <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> October 1, 2019 </div>we adopted the Financial Accounting Standards Board (&#x201c;FASB&#x201d;) Accounting Standards Update (&#x201c;ASU&#x201d;) <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> <div style="display: inline; font-style: italic;">Leases</div>, using the effective date method under the modified retrospective approach. The amended guidance requires lessees, at the commencement date, to recognize a lease liability, which is a lessee's obligation to make lease payments arising from a lease, measured on a discounted basis, and&nbsp;to record a right-of-use asset, which is an asset that represents the lessee&#x2019;s right to use, or control the use of, a specified asset for the lease term. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 2018, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11,</div> <div style="display: inline; font-style: italic;">Leases, Targeted Improvements</div>, which gave companies the option of applying the new standard at the adoption date, rather than retrospectively to the earliest period presented in the financial statements. The Company elected the package of practical expedients permitted under the new standard, which among other things, allowed the Company to carry forward the historical lease classification. The Company also elected the practical expedient to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> recognize a lease liability and ROU asset for short-term leases less than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div> months. We chose the option to apply the new standard at the adoption date, and therefore we are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> required to restate the financial statements for prior periods, nor are we required to provide the disclosures required by the new standard for prior periods.&nbsp;Upon adoption, we recognized an approximate <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.4</div> million right-of-use asset, and an approximate <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2.6</div>&nbsp;million lease liability. Our adoption of the new standard did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> impact our cash flows or have a material impact on our results of operations. We have expanded our financial statement disclosures to comply with the requirements of the new standard.</div></div>
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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475205
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
227818
CY2019Q4 us-gaap Liabilities
Liabilities
7321870
CY2019Q3 us-gaap Liabilities
Liabilities
6955176
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
83163430
CY2018Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6825875
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
501158
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1009960
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
400915
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1170823
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2456191
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
516167
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1940024
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2019Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
167840
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2215103
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0351
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
OperatingLeasesFutureMinimumPaymentsDue
2851816
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
643040
CY2019Q4 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5803
CY2018Q4 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6676
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
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
825065
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
769161
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
202539
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
210905
CY2019Q4 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
3211000
CY2018Q4 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1558000
CY2019Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
788469
CY2018Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
276599
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
169652
CY2018Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
145940
CY2019Q4 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
4438000
CY2018Q4 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
1680000
CY2019Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2580
CY2018Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5682166
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5413241
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
18321965
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
17820807
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19377991
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20089150
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
290750
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
406350
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.86
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.05
CY2019Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7326620
CY2018Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6775875
CY2019Q4 us-gaap Share Based Compensation
ShareBasedCompensation
240586
CY2018Q4 us-gaap Share Based Compensation
ShareBasedCompensation
538524
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y284D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
116600
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
172000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.93
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
362123
CY2019Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.58
CY2019Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.43
CY2018Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.17
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P5Y284D
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y146D
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
14523321
CY2019Q3 us-gaap Short Term Investments
ShortTermInvestments
13524270
CY2019Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000
CY2019Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
169652
CY2018Q4 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
145940
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2580
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13400383
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13512094
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13400383
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
75841560
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
74933387
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
68874876
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
70562641
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13622226

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