2023 Q1 Form 10-K Financial Statement

#000185785323000017 Filed on March 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $153.2M $138.1M $655.9M
YoY Change -31.54% -21.04% -16.5%
Cost Of Revenue $97.74M $92.41M $427.1M
YoY Change -30.26% -15.59% -11.35%
Gross Profit $55.42M $45.72M $228.8M
YoY Change -33.68% -30.14% -24.67%
Gross Profit Margin 36.19% 33.1% 34.88%
Selling, General & Admin $48.75M $50.27M $297.5M
YoY Change -35.82% -34.89% -8.1%
% of Gross Profit 87.97% 109.95% 130.05%
Research & Development $2.200M $2.200M $10.80M
YoY Change -55.1% -61.4% -42.55%
% of Gross Profit 3.97% 4.81% 4.72%
Depreciation & Amortization $3.564M $14.82M $13.82M
YoY Change 43.65% 12.0% 51.05%
% of Gross Profit 6.43% 32.41% 6.04%
Operating Expenses $58.69M $61.36M $574.7M
YoY Change -32.2% -33.16% 58.8%
Operating Profit -$3.263M -$15.64M -$345.9M
YoY Change 9.24% -40.65% 494.37%
Interest Expense $10.45M -$13.87M $27.89M
YoY Change 79.1% 125.48% 4.65%
% of Operating Profit
Other Income/Expense, Net $11.45M $1.224M -$35.01M
YoY Change -316.23% -23.02% 20.2%
Pretax Income $8.182M -$29.58M -$381.0M
YoY Change -198.82% -4.32% 336.21%
Income Tax $200.0K $1.213M $1.186M
% Of Pretax Income 2.44%
Net Earnings $8.018M -$30.79M -$382.1M
YoY Change -195.09% -8.52% 330.24%
Net Earnings / Revenue 5.24% -22.29% -58.26%
Basic Earnings Per Share $0.07 -$3.19
Diluted Earnings Per Share $0.07 -$0.08 -$3.19
COMMON SHARES
Basic Shares Outstanding 122.6M shares 122.6M shares 119.7M shares
Diluted Shares Outstanding 122.7M shares 119.7M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.23M $39.06M $39.06M
YoY Change 37.25% 133.3% 133.3%
Cash & Equivalents $15.23M $39.06M $39.06M
Short-Term Investments
Other Short-Term Assets $40.53M $39.66M $39.66M
YoY Change 218.56% 163.78% 163.78%
Inventory $132.4M $153.5M $153.5M
Prepaid Expenses
Receivables $99.59M $42.05M $42.05M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $287.7M $274.2M $274.2M
YoY Change -18.07% 1.67% 1.67%
LONG-TERM ASSETS
Property, Plant & Equipment $49.78M $55.51M $69.36M
YoY Change -23.06% 0.06% 25.03%
Goodwill $74.73M $74.70M
YoY Change -74.84% -74.85%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.25M $15.53M $15.53M
YoY Change 1.89% 330.43% 330.43%
Total Long-Term Assets $650.3M $672.5M $672.5M
YoY Change -29.12% -26.21% -26.21%
TOTAL ASSETS
Total Short-Term Assets $287.7M $274.2M $274.2M
Total Long-Term Assets $650.3M $672.5M $672.5M
Total Assets $938.0M $946.7M $946.7M
YoY Change -26.06% -19.84% -19.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.24M $29.84M $29.84M
YoY Change -31.6% -30.1% -30.1%
Accrued Expenses $56.29M $52.30M $57.48M
YoY Change -43.13% -25.05% 30.97%
Deferred Revenue
YoY Change
Short-Term Debt $40.91M $11.71M $11.71M
YoY Change -16.78% -71.54% -71.54%
Long-Term Debt Due $250.0K $250.0K $250.0K
YoY Change -39.61% -40.48%
Total Short-Term Liabilities $141.4M $112.9M $112.9M
YoY Change -29.42% -32.08% -32.08%
LONG-TERM LIABILITIES
Long-Term Debt $438.9M $468.1M $468.1M
YoY Change 4.92% 23.38% 23.16%
Other Long-Term Liabilities $479.0K $870.0K $20.46M
YoY Change 9.61% 100.46% 51.18%
Total Long-Term Liabilities $479.0K $469.0M $488.6M
YoY Change 9.61% 23.47% 24.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $141.4M $112.9M $112.9M
Total Long-Term Liabilities $479.0K $469.0M $488.6M
Total Liabilities $610.6M $611.8M $611.8M
YoY Change -5.39% 7.06% 7.06%
SHAREHOLDERS EQUITY
Retained Earnings -$562.5M -$570.5M
YoY Change 191.05% 208.67%
Common Stock $12.00K $12.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $327.4M $334.9M $334.9M
YoY Change
Total Liabilities & Shareholders Equity $938.0M $946.7M $946.7M
YoY Change -26.06% -19.84% -19.84%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $8.018M -$30.79M -$382.1M
YoY Change -195.09% -8.52% 330.24%
Depreciation, Depletion And Amortization $3.564M $14.82M $13.82M
YoY Change 43.65% 12.0% 51.05%
Cash From Operating Activities -$23.59M $11.10M $5.094M
YoY Change -49.71% -140.26% -117.92%
INVESTING ACTIVITIES
Capital Expenditures $2.082M $3.373M $18.40M
YoY Change -53.98% -172.82% -18.15%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $2.450M $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities $245.0K -$3.373M -$18.90M
YoY Change -105.27% -24.13% -76.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $51.00K
YoY Change
Cash From Financing Activities -$478.0K 35.48M $48.63M
YoY Change -101.04% 15.81% -57.16%
NET CHANGE
Cash From Operating Activities -$23.59M 11.10M $5.094M
Cash From Investing Activities $245.0K -3.373M -$18.90M
Cash From Financing Activities -$478.0K 35.48M $48.63M
Net Change In Cash -$23.82M 43.21M $34.82M
YoY Change 322.24% -3269.92% 571.59%
FREE CASH FLOW
Cash From Operating Activities -$23.59M $11.10M $5.094M
Capital Expenditures $2.082M $3.373M $18.40M
Free Cash Flow -$25.67M $7.722M -$13.30M
YoY Change -50.09% -133.68% -73.87%

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99924000 usd
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
47216000 usd
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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38946000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
38222000 usd
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2021Q1 us-gaap Net Income Loss
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38222000 usd
CY2021Q1 us-gaap Increase Decrease In Inventories
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5990000 usd
CY2020Q4 us-gaap Inventory Net
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68283000 usd
CY2020Q4 us-gaap Assets Current
AssetsCurrent
158455000 usd
CY2020Q4 us-gaap Assets
Assets
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CY2020Q4 us-gaap Liabilities
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514541000 usd
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-96550000 usd
CY2020Q4 us-gaap Stockholders Equity
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474488000 usd
CY2020Q4 us-gaap Liabilities And Stockholders Equity
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CY2020 us-gaap Cost Of Revenue
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310960000 usd
CY2020 us-gaap Gross Profit
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234812000 usd
CY2020 us-gaap Operating Income Loss
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58346000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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31799000 usd
CY2020 us-gaap Net Income Loss
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31050000 usd
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020 us-gaap Net Income Loss
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31050000 usd
CY2020 us-gaap Increase Decrease In Inventories
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28979000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates and assumptions made by management that present the greatest amount of estimation uncertainty include the fair value of contingent consideration obligations, customer credits and returns, valuation and impairment of intangible assets including goodwill, unrealized positions on foreign currency derivatives and reserves for warranty. Actual results could differ from these estimates.
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash in banks, trade accounts receivable and foreign currency contracts. Credit is extended to customers based on an evaluation of the customer’s financial condition and collateral is not generally required in the Company’s sales transactions.
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
69773000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
34400000 usd
CY2020 us-gaap Amortization Of Intangible Assets
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32500000 usd
CY2021Q4 tra Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
0 usd
CY2020Q4 tra Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
222300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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702064000 usd
CY2022 us-gaap Advertising Expense
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48400000 usd
CY2021 us-gaap Advertising Expense
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58400000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
30300000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10800000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18800000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6800000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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0 usd
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
189206000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
512858000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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701634000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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146483000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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555151000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-3200000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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655901000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
785545000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
545772000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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655901000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
545772000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
655901000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
785545000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
545772000 usd
CY2022 us-gaap Operating Lease Cost
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6476000 usd
CY2022 us-gaap Variable Lease Cost
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1561000 usd
CY2022 us-gaap Short Term Lease Cost
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1154000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y6M14D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0428
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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725000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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1000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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1291000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3160000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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1979000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2795000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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2029000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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1035000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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488000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2058000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
15649000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
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6334000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1463000 usd
CY2022Q4 us-gaap Operating Lease Liability
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14186000 usd
CY2022 us-gaap Operating Lease Payments
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6313000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
21525000 usd
CY2022 tra Derecognition Of Right Of Use Assets Due To Reassessment Of Lease Term
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596000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
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56822000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
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108620000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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867000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1090000 usd
CY2022Q4 tra Accounts Receivable Reserve For Returns Discounts And Allowances Current
AccountsReceivableReserveForReturnsDiscountsAndAllowancesCurrent
13905000 usd
CY2021Q4 tra Accounts Receivable Reserve For Returns Discounts And Allowances Current
AccountsReceivableReserveForReturnsDiscountsAndAllowancesCurrent
14603000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
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42050000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
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92927000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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68000 usd
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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0 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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78000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
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0 usd
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
34000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
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7110000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3106000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12155000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
11523000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
134206000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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126911000 usd
CY2022Q4 us-gaap Inventory Net
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153471000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
141540000 usd
CY2022Q4 us-gaap Inventory Adjustments
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1300000 usd
CY2021Q4 us-gaap Inventory Adjustments
InventoryAdjustments
700000 usd
CY2022Q4 tra Inventories In Transit Accrual Current
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7987000 usd
CY2021Q4 tra Inventories In Transit Accrual Current
InventoriesInTransitAccrualCurrent
28536000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
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7368000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
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8326000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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4499000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7025000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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32441000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
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25886000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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52295000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
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8326000 usd
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
6728000 usd
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4798000 usd
CY2022 tra Product Warranty Accrual Decrease For Payments Current
ProductWarrantyAccrualDecreaseForPaymentsCurrent
7601000 usd
CY2021 tra Product Warranty Accrual Decrease For Payments Current
ProductWarrantyAccrualDecreaseForPaymentsCurrent
7693000 usd
CY2020 tra Product Warranty Accrual Decrease For Payments Current
ProductWarrantyAccrualDecreaseForPaymentsCurrent
6773000 usd
CY2022 tra Product Warranty Accrual Increase For Warranties Issued Current
ProductWarrantyAccrualIncreaseForWarrantiesIssuedCurrent
6643000 usd
CY2021 tra Product Warranty Accrual Increase For Warranties Issued Current
ProductWarrantyAccrualIncreaseForWarrantiesIssuedCurrent
9291000 usd
CY2020 tra Product Warranty Accrual Increase For Warranties Issued Current
ProductWarrantyAccrualIncreaseForWarrantiesIssuedCurrent
8703000 usd
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7368000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
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8326000 usd
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
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6728000 usd
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7200000 usd
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35600000 usd
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26221000 usd
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55510000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
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55477000 usd
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6200000 usd
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CY2022Q4 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill
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CY2022 us-gaap Goodwill Impairment Loss
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222300000 usd
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CY2021Q4 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Recorded Unconditional Purchase Obligation
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.033
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.020
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.002
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.038
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.143
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.099
CY2022 tra Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncome
-0.006
CY2021 tra Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncome
-0.016
CY2020 tra Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncome
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.011
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.011
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.005
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.006
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.007
CY2022 tra Effective Income Tax Rate Reconciliation Change In Partnership Investment Percent
EffectiveIncomeTaxRateReconciliationChangeInPartnershipInvestmentPercent
-0.009
CY2021 tra Effective Income Tax Rate Reconciliation Change In Partnership Investment Percent
EffectiveIncomeTaxRateReconciliationChangeInPartnershipInvestmentPercent
-0.030
CY2020 tra Effective Income Tax Rate Reconciliation Change In Partnership Investment Percent
EffectiveIncomeTaxRateReconciliationChangeInPartnershipInvestmentPercent
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.195
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.054
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.339
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.005
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.014
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.026
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.003
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.017
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.024
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
30785000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
19483000 usd
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
16807000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
9948000 usd
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
3342000 usd
CY2020Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
2998000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1516000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1206000 usd
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
55952000 usd
CY2021Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
340000 usd
CY2020Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
180000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
98211000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
25092000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20384000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
417000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
69000 usd
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
180000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
645000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
229000 usd
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
0 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
9971000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
11513000 usd
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
0 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
0 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
0 usd
CY2020Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
146000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
171000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
0 usd
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
0 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
10787000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
11742000 usd
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
146000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
10370000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
11673000 usd
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
34000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
908000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
196000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
908000 usd
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
48000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1056000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
908000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1100000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-382140000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-91767000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
31050000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119698776 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112374669 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108724387 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119698776 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112374669 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108724387 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.19
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.19
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.19
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.19
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2022Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.14
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2218000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2218000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
9324000 usd
CY2022 us-gaap Restructuring Costs
RestructuringCosts
11542000 usd

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