2023 Q4 Form 10-Q Financial Statement

#000155837023017247 Filed on November 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $696.5M $693.1M
YoY Change -4.91% -10.65%
Cost Of Revenue $566.7M $561.2M
YoY Change -6.81% -12.18%
Gross Profit $129.8M $131.9M
YoY Change 4.37% -3.47%
Gross Profit Margin 18.63% 19.03%
Selling, General & Admin $101.8M $99.82M
YoY Change 4.51% -4.83%
% of Gross Profit 78.47% 75.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.154M $3.300M
YoY Change 5.91% 9.27%
% of Gross Profit 2.43% 2.5%
Operating Expenses $101.8M $99.82M
YoY Change 1.39% -4.83%
Operating Profit $27.94M $32.02M
YoY Change 16.88% 0.89%
Interest Expense $2.688M
YoY Change
% of Operating Profit 8.39%
Other Income/Expense, Net $4.112M $2.688M
YoY Change 438.22% 772.73%
Pretax Income $32.06M $34.71M
YoY Change 29.93% 8.31%
Income Tax $8.278M $9.112M
% Of Pretax Income 25.82% 26.25%
Net Earnings $23.78M $25.60M
YoY Change 26.32% 10.31%
Net Earnings / Revenue 3.41% 3.69%
Basic Earnings Per Share $0.97
Diluted Earnings Per Share $0.90 $0.97
COMMON SHARES
Basic Shares Outstanding 26.27M 26.26M
Diluted Shares Outstanding 26.43M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $297.2M $289.4M
YoY Change 141.75% 149.07%
Cash & Equivalents $145.0M $240.5M
Short-Term Investments $152.2M $48.90M
Other Short-Term Assets $16.09M $14.10M
YoY Change 35.23% 39.67%
Inventory $124.2M $142.2M
Prepaid Expenses
Receivables $606.8M $587.6M
Other Receivables $4.348M
Total Short-Term Assets $1.049B $1.041B
YoY Change 9.94% 5.52%
LONG-TERM ASSETS
Property, Plant & Equipment $61.00M $57.64M
YoY Change 3.09% -3.8%
Goodwill $73.60M $73.60M
YoY Change 0.0% 0.0%
Intangibles $3.428M $3.733M
YoY Change -26.25% -24.63%
Long-Term Investments
YoY Change
Other Assets $1.714M $821.0K
YoY Change 62.46% -9.28%
Total Long-Term Assets $139.7M $140.7M
YoY Change -4.31% -4.83%
TOTAL ASSETS
Total Short-Term Assets $1.049B $1.041B
Total Long-Term Assets $139.7M $140.7M
Total Assets $1.188B $1.181B
YoY Change 8.05% 4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $263.7M $264.5M
YoY Change 13.34% 2.28%
Accrued Expenses $64.28M $71.60M
YoY Change 113.87% -24.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $328.0M $340.0M
YoY Change 5.62% -3.67%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.805M $654.0K
YoY Change 2138.24% 227.0%
Total Long-Term Liabilities $3.805M $654.0K
YoY Change 2138.24% 227.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $328.0M $340.0M
Total Long-Term Liabilities $3.805M $654.0K
Total Liabilities $347.6M $362.3M
YoY Change 4.18% -4.17%
SHAREHOLDERS EQUITY
Retained Earnings $760.9M $739.2M
YoY Change 10.91% 9.33%
Common Stock $131.2M $131.2M
YoY Change 4.04% 4.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $840.8M $819.2M
YoY Change
Total Liabilities & Shareholders Equity $1.188B $1.181B
YoY Change 8.05% 4.17%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $23.78M $25.60M
YoY Change 26.32% 10.31%
Depreciation, Depletion And Amortization $3.154M $3.300M
YoY Change 5.91% 9.27%
Cash From Operating Activities $12.25M $50.30M
YoY Change -36.18% 108.85%
INVESTING ACTIVITIES
Capital Expenditures $2.195M $2.500M
YoY Change 4.42% -203.73%
Acquisitions
YoY Change
Other Investing Activities -$101.9M -$48.70M
YoY Change
Cash From Investing Activities -$104.1M -$51.20M
YoY Change 4852.52% 2024.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.728M -2.500M
YoY Change -64.01% 557.89%
NET CHANGE
Cash From Operating Activities 12.25M 50.30M
Cash From Investing Activities -104.1M -51.20M
Cash From Financing Activities -3.728M -2.500M
Net Change In Cash -95.58M -3.400M
YoY Change -1518.04% -115.97%
FREE CASH FLOW
Cash From Operating Activities $12.25M $50.30M
Capital Expenditures $2.195M $2.500M
Free Cash Flow $10.06M $47.80M
YoY Change -41.17% 80.42%

Facts In Submission

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15689000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
48699000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7355000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6975000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-56054000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6975000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
70877000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
36463000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
70877000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
36463000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5392000
us-gaap Payments Of Dividends
PaymentsOfDividends
6307000
cnxn Adjustments To Employee Stock Purchase Plan
AdjustmentsToEmployeeStockPurchasePlan
537000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
870000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
834000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12032000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-834000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
117579000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7880000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
122930000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108310000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240509000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116190000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
408000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
362000
cnxn Accrued Excise Tax On Treasury Purchases
AccruedExciseTaxOnTreasuryPurchases
54000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
34251000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30759000
us-gaap Interest Paid Net
InterestPaidNet
19000
us-gaap Interest Paid Net
InterestPaidNet
4000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Arial Unicode MS';font-size:9pt;text-indent:18pt;margin:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates in the Preparation of Financial Statements</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts and disclosures of assets and liabilities and the reported amounts and disclosures of revenue and expenses during the period. Management bases its estimates and judgments on the information available at the time and various other assumptions believed to be reasonable under the circumstances. By nature, estimates are subject to an inherent degree of uncertainty. Actual results could differ from those estimates and assumptions.</p>
cnxn Repurchase Of Common Stock Including Excise Tax
RepurchaseOfCommonStockIncludingExciseTax
5446000
cnxn Excise Tax Rate Stock Repurchase Percent
ExciseTaxRateStockRepurchasePercent
0.01
CY2023Q3 cnxn Restructuring And Other Charges
RestructuringAndOtherCharges
44000
cnxn Restructuring And Other Charges
RestructuringAndOtherCharges
2687000
CY2023Q3 cnxn Accrued Employee Termination Benefits
AccruedEmployeeTerminationBenefits
772000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
693086000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
775692000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2154178000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2392545000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4266000
cnxn Contract With Customer Liability Advance Payments Received
ContractWithCustomerLiabilityAdvancePaymentsReceived
15207000
cnxn Totalrevenuerecognizedfromboththebeginningbalanceandcurrentperiodincreaseincontractliability
Totalrevenuerecognizedfromboththebeginningbalanceandcurrentperiodincreaseincontractliability
15647000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3826000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8628000
cnxn Contract With Customer Liability Advance Payments Received
ContractWithCustomerLiabilityAdvancePaymentsReceived
18943000
cnxn Totalrevenuerecognizedfromboththebeginningbalanceandcurrentperiodincreaseincontractliability
Totalrevenuerecognizedfromboththebeginningbalanceandcurrentperiodincreaseincontractliability
22544000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5027000
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
265919000
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
195000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
266114000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
96386000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
96386000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
25598000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
23206000
us-gaap Net Income Loss
NetIncomeLoss
59493000
us-gaap Net Income Loss
NetIncomeLoss
70396000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26262000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26279000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26281000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26267000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
172000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
176000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
125000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
165000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26434000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26455000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26406000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26432000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.68
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.66
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
cnxn Number Of Additional Leases Not Yet Commenced
NumberOfAdditionalLeasesNotYetCommenced
0
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
813000
us-gaap Operating Lease Cost
OperatingLeaseCost
2739000
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
268000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
618000
CY2023Q3 us-gaap Lease Cost
LeaseCost
1081000
us-gaap Lease Cost
LeaseCost
3357000
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
855000
us-gaap Operating Lease Payments
OperatingLeasePayments
2727000
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y14D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0405
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1006000
us-gaap Operating Lease Cost
OperatingLeaseCost
3052000
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
165000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
421000
CY2022Q3 us-gaap Lease Cost
LeaseCost
1171000
us-gaap Lease Cost
LeaseCost
3473000
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1026000
us-gaap Operating Lease Payments
OperatingLeasePayments
3087000
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M10D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0402
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
688000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1886000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1813000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1120000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
237000
CY2023Q3 cnxn Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
161000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5905000
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
355000
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5550000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4934000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3638000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1912000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8495000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5620000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3471000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2022Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
693086000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
775692000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2154178000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2392545000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
32022000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
31739000
us-gaap Operating Income Loss
OperatingIncomeLoss
75210000
us-gaap Operating Income Loss
OperatingIncomeLoss
96644000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2688000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
308000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5848000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
319000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34710000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32047000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81058000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
96963000
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3289000
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3020000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9456000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9000000
CY2023Q3 us-gaap Assets
Assets
1181427000
CY2022Q3 us-gaap Assets
Assets
1134125000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2022Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2023Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2023Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
50000000
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2025-03-31
CY2023Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
80000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
70877000
CY2023Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
50000000
CY2022Q3 us-gaap Line Of Credit
LineOfCredit
0
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
0
CY2022Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
50000000
CY2023Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
50000000
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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cnxn-20230930_lab.xml Edgar Link unprocessable
cnxn-20230930_def.xml Edgar Link unprocessable
0001558370-23-017247-index-headers.html Edgar Link pending
0001558370-23-017247-index.html Edgar Link pending
0001558370-23-017247.txt Edgar Link pending
0001558370-23-017247-xbrl.zip Edgar Link pending
cnxn-20230930.xsd Edgar Link pending
cnxn-20230930x10q.htm Edgar Link pending
cnxn-20230930xex31d1.htm Edgar Link pending
cnxn-20230930xex31d2.htm Edgar Link pending
cnxn-20230930xex32d1.htm Edgar Link pending
cnxn-20230930xex32d2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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cnxn-20230930_cal.xml Edgar Link unprocessable
cnxn-20230930_pre.xml Edgar Link unprocessable
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cnxn-20230930x10q_htm.xml Edgar Link completed
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