2024 Q3 Form 10-Q Financial Statement

#000182896224000122 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $167.9M
YoY Change -4.01%
Cost Of Revenue $90.53M
YoY Change -2.63%
Gross Profit $77.36M
YoY Change -5.58%
Gross Profit Margin 46.08%
Selling, General & Admin $51.53M
YoY Change 21.71%
% of Gross Profit 66.6%
Research & Development $15.24M
YoY Change -4.21%
% of Gross Profit 19.7%
Depreciation & Amortization $7.214M
YoY Change -6.31%
% of Gross Profit 9.32%
Operating Expenses $66.77M
YoY Change 14.63%
Operating Profit $10.60M
YoY Change -55.27%
Interest Expense $2.634M
YoY Change
% of Operating Profit 24.86%
Other Income/Expense, Net $3.566M
YoY Change 95.08%
Pretax Income $14.16M
YoY Change -44.5%
Income Tax $2.700M
% Of Pretax Income 19.07%
Net Earnings $11.49M
YoY Change -33.31%
Net Earnings / Revenue 6.84%
Basic Earnings Per Share $0.05
Diluted Earnings Per Share $0.05
COMMON SHARES
Basic Shares Outstanding 214.8M shares
Diluted Shares Outstanding 215.7M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $246.9M
YoY Change 42.25%
Cash & Equivalents $142.4M
Short-Term Investments $104.6M
Other Short-Term Assets $33.01M
YoY Change 101.28%
Inventory $192.1M
Prepaid Expenses
Receivables $93.30M
Other Receivables $0.00
Total Short-Term Assets $540.8M
YoY Change -7.68%
LONG-TERM ASSETS
Property, Plant & Equipment $39.79M
YoY Change -31.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $74.17M
YoY Change 20.4%
Total Long-Term Assets $123.0M
YoY Change -7.64%
TOTAL ASSETS
Total Short-Term Assets $540.8M
Total Long-Term Assets $123.0M
Total Assets $663.8M
YoY Change -7.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.52M
YoY Change -43.1%
Accrued Expenses $4.595M
YoY Change -14.91%
Deferred Revenue $43.38M
YoY Change 14.56%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $171.3M
YoY Change -1.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $8.224M
YoY Change 31.14%
Total Long-Term Liabilities $8.224M
YoY Change 31.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $171.3M
Total Long-Term Liabilities $8.224M
Total Liabilities $187.9M
YoY Change -2.46%
SHAREHOLDERS EQUITY
Retained Earnings $11.49M
YoY Change -33.31%
Common Stock $214.0K
YoY Change -2.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $475.8M
YoY Change
Total Liabilities & Shareholders Equity $663.8M
YoY Change -7.68%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $11.49M
YoY Change -33.31%
Depreciation, Depletion And Amortization $7.214M
YoY Change -6.31%
Cash From Operating Activities $70.24M
YoY Change 92.96%
INVESTING ACTIVITIES
Capital Expenditures $4.479M
YoY Change -26.57%
Acquisitions
YoY Change
Other Investing Activities $8.000K
YoY Change -100.03%
Cash From Investing Activities -$4.471M
YoY Change -85.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -119.2M
YoY Change -45.49%
NET CHANGE
Cash From Operating Activities 70.24M
Cash From Investing Activities -4.471M
Cash From Financing Activities -119.2M
Net Change In Cash -53.44M
YoY Change -74.97%
FREE CASH FLOW
Cash From Operating Activities $70.24M
Capital Expenditures $4.479M
Free Cash Flow $65.76M
YoY Change 117.02%

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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
36731000 usd
crct Number Of Tranches
NumberOfTranches
2 tranche
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2067000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167890000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
503229000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
533901000 usd
CY2024Q3 crct Assets Amortized Cost
AssetsAmortizedCost
246401000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
541000 usd
CY2024Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
246942000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2067000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1863000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11488000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
140000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-88000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214706773 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216771051 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215749745 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220424691 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215281337 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
219920343 shares
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
534873000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
19647000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
2323000 usd
CY2024Q1 crct Shares Issued Value Share Based Payment Arrangement Forfeited And Dividend Equivalents
SharesIssuedValueShareBasedPaymentArrangementForfeitedAndDividendEquivalents
-73000 usd
CY2024Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
10795000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11473000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-376000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11488000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
379000 usd
CY2024Q3 crct Shares Issued Value Share Based Payment Arrangement Forfeited And Dividend Equivalents
SharesIssuedValueShareBasedPaymentArrangementForfeitedAndDividendEquivalents
-9000 usd
CY2024Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
10380000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
13685000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
475836000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
169000 usd
CY2023Q1 crct Shares Issued Value Share Based Payment Arrangement Forfeited And Dividend Equivalents
SharesIssuedValueShareBasedPaymentArrangementForfeitedAndDividendEquivalents
-275000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
4366000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10895000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
206000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
694163000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
4582000 usd
CY2023Q2 crct Shares Issued Value Share Based Payment Arrangement Forfeited And Dividend Equivalents
SharesIssuedValueShareBasedPaymentArrangementForfeitedAndDividendEquivalents
-120000 usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
967000 usd
CY2023Q2 us-gaap Dividends
Dividends
234625000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12542000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-368000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
482307000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1000000 usd
CY2023Q3 crct Shares Issued Value Share Based Payment Arrangement Forfeited And Dividend Equivalents
SharesIssuedValueShareBasedPaymentArrangementForfeitedAndDividendEquivalents
-6000 usd
CY2023Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
348000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
14803000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13258000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
20000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
526271000 usd
us-gaap Net Income Loss
NetIncomeLoss
50904000 usd
us-gaap Net Income Loss
NetIncomeLoss
42348000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22308000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22072000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-454000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2144000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1960000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
33255000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
34789000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-12016000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-11938000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
3805000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
3727000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-304000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-950000 usd
us-gaap Inventory Write Down
InventoryWriteDown
110000 usd
us-gaap Inventory Write Down
InventoryWriteDown
17942000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1810000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1846000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-18061000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-41200000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-86283000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-37488000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13673000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-7490000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
605000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-274000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-30635000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
17102000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
7574000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-17437000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4197000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4056000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2671000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1817000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
161885000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
196026000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
110521000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
44256000 usd
crct Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
110527000 usd
crct Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
19200000 usd
crct Payments To Acquire Property Plant Equipment And Development Of Internal Use Software
PaymentsToAcquirePropertyPlantEquipmentAndDevelopmentOfInternalUseSoftware
14442000 usd
crct Payments To Acquire Property Plant Equipment And Development Of Internal Use Software
PaymentsToAcquirePropertyPlantEquipmentAndDevelopmentOfInternalUseSoftware
18942000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14436000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-43998000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30483000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4558000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
382000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7144000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6328000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
109775000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
293820000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-147402000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-304324000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-95000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
189000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-152391000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142187000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
224943000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142376000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72552000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
34898000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
21590000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
477000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1479000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2764000 usd
crct Tax Withholding Share Based Payment Arrangement Incurred But Not Yet Paid
TaxWithholdingShareBasedPaymentArrangementIncurredButNotYetPaid
436000 usd
crct Tax Withholding Share Based Payment Arrangement Incurred But Not Yet Paid
TaxWithholdingShareBasedPaymentArrangementIncurredButNotYetPaid
1129000 usd
crct Share Based Compensation Software Development Costs Capitalized Assets Acquired
ShareBasedCompensationSoftwareDevelopmentCostsCapitalizedAssetsAcquired
1121000 usd
crct Share Based Compensation Software Development Costs Capitalized Assets Acquired
ShareBasedCompensationSoftwareDevelopmentCostsCapitalizedAssetsAcquired
1520000 usd
crct Dividends Declared But Unpaid
DividendsDeclaredButUnpaid
410000 usd
crct Dividends Declared But Unpaid
DividendsDeclaredButUnpaid
0 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with 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 revenue and expenses during the reporting period. For revenue recognition, examples of estimates and judgments include: determining the nature and timing of satisfaction of performance obligations, determining the standalone selling price of performance obligations, and estimating variable consideration such as sales incentives and product returns. Other estimates include the warranty reserve, allowance for credit losses, inventory reserve, intangible assets and other long-lived assets valuation, legal contingencies, stock-based compensation, income taxes, deferred tax assets valuation and developed software, among others. These estimates and assumptions are based on the Company’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including any effects of the economic environment, which management believes to be reasonable under the circumstances. Management adjusts such estimates and assumptions when facts and circumstances dictate. Actual results could differ from these estimates.</span></div>
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
93300000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
111200000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
136500000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1100000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2000000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
43235000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
38658000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
37568000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
32134000 usd
crct Contract With Customer Liability Revenue Recognized In The Respective Period
ContractWithCustomerLiabilityRevenueRecognizedInTheRespectivePeriod
40239000 usd
crct Contract With Customer Liability Revenue Recognized In The Respective Period
ContractWithCustomerLiabilityRevenueRecognizedInTheRespectivePeriod
33951000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45906000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
40475000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
24978000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
19031000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1590000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
307000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
45906000 usd
CY2024Q3 crct Revenue Performance Obligation Satisfied Or Partially Satisfied In Prior Periods Amount
RevenuePerformanceObligationSatisfiedOrPartiallySatisfiedInPriorPeriodsAmount
400000 usd
crct Revenue Performance Obligation Satisfied Or Partially Satisfied In Prior Periods Amount
RevenuePerformanceObligationSatisfiedOrPartiallySatisfiedInPriorPeriodsAmount
3300000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167890000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
174909000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
503229000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
533901000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167890000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
174909000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
503229000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
533901000 usd
CY2024Q3 crct Assets Amortized Cost
AssetsAmortizedCost
246401000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
541000 usd
CY2024Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
246942000 usd
CY2023Q4 crct Assets Amortized Cost
AssetsAmortizedCost
244598000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
541000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
245139000 usd
crct Marketable Securities Maturity
MarketableSecuritiesMaturity
P24M
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
41975000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
44935000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
204693000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
286988000 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
246668000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
331923000 usd
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
54526000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
54416000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
192142000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
277507000 usd
CY2024Q3 crct Inventory Current
InventoryCurrent
167503000 usd
CY2023Q4 crct Inventory Current
InventoryCurrent
244469000 usd
CY2024Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
24639000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
33038000 usd
CY2024Q3 crct Sales Incentives
SalesIncentives
29981000 usd
CY2023Q4 crct Assets Amortized Cost
AssetsAmortizedCost
244598000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
541000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
245139000 usd
crct Marketable Securities Maturity
MarketableSecuritiesMaturity
P24M
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
41975000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
44935000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
204693000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
286988000 usd
CY2024Q3 us-gaap Inventory Gross
InventoryGross
246668000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
331923000 usd
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
54526000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
54416000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
192142000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
277507000 usd
CY2024Q3 crct Inventory Current
InventoryCurrent
167503000 usd
CY2023Q4 crct Inventory Current
InventoryCurrent
244469000 usd
CY2024Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
24639000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
33038000 usd
CY2024Q3 crct Sales Incentives
SalesIncentives
29981000 usd
CY2023Q4 crct Sales Incentives
SalesIncentives
30479000 usd
CY2024Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
47456000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
41454000 usd
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
77437000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
71933000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21300000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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900000 usd
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
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PreferredStockParOrStatedValuePerShare
0.001
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0.5
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DividendsDeclaredButUnpaid
121700000 usd
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
108200000 usd
CY2024Q2 us-gaap Dividends Paidinkind
DividendsPaidinkind
13500000 usd
CY2023Q2 crct Dividend Equivalent Payable Amount Per Share
DividendEquivalentPayableAmountPerShare
1.00
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234600000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
219800000 usd
CY2023Q2 us-gaap Dividends Paidinkind
DividendsPaidinkind
14800000 usd
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.35
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.35
CY2022Q4 crct Dividends Declared But Unpaid
DividendsDeclaredButUnpaid
81400000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
76900000 usd
CY2022Q4 us-gaap Dividends Paidinkind
DividendsPaidinkind
4500000 usd
CY2024Q3 us-gaap Dividends Cash
DividendsCash
108200000 usd
us-gaap Dividends Cash
DividendsCash
109800000 usd
CY2024Q3 us-gaap Dividends Stock
DividendsStock
13500000 usd
CY2023Q4 crct Sales Incentives
SalesIncentives
30479000 usd
CY2024Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
47456000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
41454000 usd
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
77437000 usd
CY2023Q4 us-gaap Other Liabilities Current
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21300000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8300000 usd
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900000 usd
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PreferredStockSharesAuthorized
100000000 shares
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
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PreferredStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1250000000 shares
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
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PreferredStockParOrStatedValuePerShare
0.001
CY2024Q2 crct Dividend Equivalent Payable Amount Per Share
DividendEquivalentPayableAmountPerShare
0.5
CY2024Q2 crct Dividends Declared But Unpaid
DividendsDeclaredButUnpaid
121700000 usd
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
108200000 usd
CY2024Q2 us-gaap Dividends Paidinkind
DividendsPaidinkind
13500000 usd
CY2023Q2 us-gaap Dividends Paidinkind
DividendsPaidinkind
14800000 usd
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.35
CY2022Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.35
CY2022Q4 crct Dividends Declared But Unpaid
DividendsDeclaredButUnpaid
81400000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
76900000 usd
CY2022Q4 us-gaap Dividends Paidinkind
DividendsPaidinkind
4500000 usd
us-gaap Dividends Cash
DividendsCash
109800000 usd
CY2024Q3 us-gaap Dividends Stock
DividendsStock
13500000 usd
us-gaap Dividends Stock
DividendsStock
13500000 usd
CY2023Q3 us-gaap Dividends Cash
DividendsCash
218000000.0 usd
us-gaap Dividends Cash
DividendsCash
293800000 usd
CY2023Q3 us-gaap Dividends Stock
DividendsStock
14800000 usd
us-gaap Dividends Stock
DividendsStock
19200000 usd
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
12608000 usd
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
13268000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
35406000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
36731000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33255000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34789000 usd
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
12608000 usd
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
13268000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
35406000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
36731000 usd
crct Number Of Tranches
NumberOfTranches
2 tranche
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4000000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4000000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
CY2024Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4500000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1241000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4611000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3997000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
967000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
357000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10459000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4595000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5864000 usd
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OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.025
us-gaap Severance Costs1
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900000 usd
us-gaap Severance Costs1
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1200000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.12
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
600000 usd
CY2023Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
500000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
CY2024Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4500000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1241000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3997000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
967000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10816000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
357000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10459000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4595000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5864000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.025
us-gaap Severance Costs1
SeveranceCosts1
900000 usd
us-gaap Severance Costs1
SeveranceCosts1
1200000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.12
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
600000 usd
CY2023Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
500000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1900000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11488000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
us-gaap Net Income Loss
NetIncomeLoss
50904000 usd
us-gaap Net Income Loss
NetIncomeLoss
42348000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214769065 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217737089 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214706773 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216771051 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
us-gaap Net Income Loss
NetIncomeLoss
50904000 usd
us-gaap Net Income Loss
NetIncomeLoss
42348000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214769065 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217737089 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214706773 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216771051 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
155639 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1524534 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
379998 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
2029734 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215749745 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220424691 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215281337 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
219920343 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2024Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
crct Percentage Of Revenue Subject To Point In Time Recognition
PercentageOfRevenueSubjectToPointInTimeRecognition
0.01
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
167890000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
174909000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
503229000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
533901000 usd
CY2024Q3 us-gaap Cost Of Revenue
CostOfRevenue
90527000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
92975000 usd
us-gaap Cost Of Revenue
CostOfRevenue
244432000 usd
us-gaap Cost Of Revenue
CostOfRevenue
287646000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
77363000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
81934000 usd
us-gaap Gross Profit
GrossProfit
258797000 usd
us-gaap Gross Profit
GrossProfit
246255000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11488000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
us-gaap Net Income Loss
NetIncomeLoss
50904000 usd
us-gaap Net Income Loss
NetIncomeLoss
42348000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214769065 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217737089 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214706773 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216771051 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11488000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
17225000 usd
us-gaap Net Income Loss
NetIncomeLoss
50904000 usd
us-gaap Net Income Loss
NetIncomeLoss
42348000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214769065 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217737089 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214706773 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216771051 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
155639 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1524534 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
379998 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
2029734 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215749745 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220424691 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215281337 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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219920343 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2024Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
crct Percentage Of Revenue Subject To Point In Time Recognition
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0.01
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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167890000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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174909000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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503229000 usd
CY2024Q3 us-gaap Cost Of Revenue
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90527000 usd
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us-gaap Cost Of Revenue
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244432000 usd
us-gaap Cost Of Revenue
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287646000 usd
CY2024Q3 us-gaap Gross Profit
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77363000 usd
CY2023Q3 us-gaap Gross Profit
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81934000 usd
us-gaap Gross Profit
GrossProfit
258797000 usd
us-gaap Gross Profit
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246255000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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0001828962-24-000122-index.html Edgar Link pending
0001828962-24-000122.txt Edgar Link pending
0001828962-24-000122-xbrl.zip Edgar Link pending
crct-20240930.htm Edgar Link pending
crct-20240930.xsd Edgar Link pending
crct-20240930xex311.htm Edgar Link pending
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