2023 Q2 Form 10-K Financial Statement

#000143774923018305 Filed on June 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 2022
Revenue $21.61M $75.05M $87.36M
YoY Change -15.86% -14.09% 10.35%
Cost Of Revenue $16.89M $55.23M $64.05M
YoY Change -12.36% -13.78% 16.32%
Gross Profit $4.723M $19.83M $23.31M
YoY Change -26.36% -14.93% -3.27%
Gross Profit Margin 21.85% 26.42% 26.68%
Selling, General & Admin $3.644M $12.66M $13.00M
YoY Change 11.85% -2.67% -8.55%
% of Gross Profit 77.15% 63.82% 55.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $309.0K $688.0K $652.0K
YoY Change 4.04% 5.52% -12.01%
% of Gross Profit 6.54% 3.47% 2.8%
Operating Expenses $3.764M $12.66M $13.00M
YoY Change 11.43% -2.67% -8.55%
Operating Profit $959.0K $7.173M $10.31M
YoY Change -68.41% -30.4% 34.81%
Interest Expense $75.00K $81.00K -$50.00K
YoY Change -475.0% -262.0% -160.24%
% of Operating Profit 7.82% 1.13% -0.49%
Other Income/Expense, Net $13.00K $136.0K $67.00K
YoY Change 102.99% -6800.0%
Pretax Income $1.047M $7.426M $12.33M
YoY Change -65.53% -39.75% 59.6%
Income Tax $219.0K $1.776M $2.408M
% Of Pretax Income 20.92% 23.92% 19.54%
Net Earnings $828.0K $5.650M $9.918M
YoY Change -66.0% -43.03% 63.1%
Net Earnings / Revenue 3.83% 7.53% 11.35%
Basic Earnings Per Share $0.56 $0.99
Diluted Earnings Per Share $0.08 $0.56 $0.98
COMMON SHARES
Basic Shares Outstanding 10.15M 10.10M 10.06M
Diluted Shares Outstanding 10.12M 10.08M

Balance Sheet

Concept 2023 Q2 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.742M $1.742M $1.598M
YoY Change 9.01% 9.01% 160.69%
Cash & Equivalents $1.742M $1.742M $1.598M
Short-Term Investments
Other Short-Term Assets $1.614M $1.614M $1.031M
YoY Change 56.55% 56.55% -12.92%
Inventory $34.21M $34.21M $20.65M
Prepaid Expenses $1.614M
Receivables $22.80M $20.74M $21.09M
Other Receivables $2.068M $2.068M $2.133M
Total Short-Term Assets $60.38M $60.38M $46.51M
YoY Change 29.82% 29.82% 12.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.719M $19.02M $3.780M
YoY Change 26.68% 403.28% -31.6%
Goodwill $7.900M
YoY Change 10.88%
Intangibles $3.473M
YoY Change 30.86%
Long-Term Investments
YoY Change
Other Assets $188.0K $188.0K $88.00K
YoY Change 113.64% 113.64% -88.97%
Total Long-Term Assets $30.60M $30.60M $13.65M
YoY Change 124.2% 124.2% -17.85%
TOTAL ASSETS
Total Short-Term Assets $60.38M $60.38M $46.51M
Total Long-Term Assets $30.60M $30.60M $13.65M
Total Assets $90.97M $90.97M $60.16M
YoY Change 51.23% 51.23% 3.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.548M $7.548M $6.375M
YoY Change 18.4% 18.4% 15.09%
Accrued Expenses $4.694M $4.694M $4.584M
YoY Change 2.4% 2.4% -1.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $13.06M $13.06M $11.79M
YoY Change 10.78% 10.78% -8.96%
LONG-TERM LIABILITIES
Long-Term Debt $12.67M $12.67M $1.020M
YoY Change 1142.55% 1142.55%
Other Long-Term Liabilities $16.03M $16.03M $1.548M
YoY Change 935.34% 935.34% -52.68%
Total Long-Term Liabilities $28.70M $28.70M $2.568M
YoY Change 1017.64% 1017.64% -21.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.06M $13.06M $11.79M
Total Long-Term Liabilities $28.70M $28.70M $2.568M
Total Liabilities $41.76M $41.76M $14.35M
YoY Change 190.92% 190.92% -11.49%
SHAREHOLDERS EQUITY
Retained Earnings $7.778M
YoY Change 45.08%
Common Stock $57.26M
YoY Change 2.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $49.21M $49.21M $45.80M
YoY Change
Total Liabilities & Shareholders Equity $90.97M $90.97M $60.16M
YoY Change 51.23% 51.23% 3.57%

Cashflow Statement

Concept 2023 Q2 2023 2022
OPERATING ACTIVITIES
Net Income $828.0K $5.650M $9.918M
YoY Change -66.0% -43.03% 63.1%
Depreciation, Depletion And Amortization $309.0K $688.0K $652.0K
YoY Change 4.04% 5.52% -12.01%
Cash From Operating Activities $3.368M $7.738M $8.264M
YoY Change -15.76% -6.36% -5.42%
INVESTING ACTIVITIES
Capital Expenditures $414.0K $813.0K $531.0K
YoY Change -365.38% 53.11% -27.56%
Acquisitions $16.14M $0.00
YoY Change
Other Investing Activities -$16.14M -$16.10M $41.00K
YoY Change -76938.1% -39368.29%
Cash From Investing Activities -$16.55M -$16.91M -$490.0K
YoY Change 12159.26% 3351.63% -33.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $109.0K $68.00K
YoY Change 60.29% -96.68%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.85M $9.319M -$6.789M
YoY Change -374.45% -237.27% -11.53%
NET CHANGE
Cash From Operating Activities 3.368M $7.738M $8.264M
Cash From Investing Activities -16.55M -$16.91M -$490.0K
Cash From Financing Activities 11.85M $9.319M -$6.789M
Net Change In Cash -1.334M $144.0K $985.0K
YoY Change 193.83% -85.38% 197.58%
FREE CASH FLOW
Cash From Operating Activities $3.368M $7.738M $8.264M
Capital Expenditures $414.0K $813.0K $531.0K
Free Cash Flow $2.954M $6.925M $7.733M
YoY Change -28.89% -10.45% -3.4%

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AmortizationOfIntangibleAssets
481000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
509000 usd
CY2023 crws Amortization Of Right Of Use Assets
AmortizationOfRightOfUseAssets
2121000 usd
CY2022 crws Amortization Of Right Of Use Assets
AmortizationOfRightOfUseAssets
1762000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-205000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1726000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1985000 usd
CY2023 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
34000 usd
CY2022 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
-0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
18000 usd
CY2023 crws Increase In Reserve For Unrecognized Tax Benefits
IncreaseInReserveForUnrecognizedTaxBenefits
-416000 usd
CY2022 crws Increase In Reserve For Unrecognized Tax Benefits
IncreaseInReserveForUnrecognizedTaxBenefits
109000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
1105000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
834000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3530000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3888000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
593000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
318000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
233000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-153000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4000 usd
CY2023 crws Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-2265000 usd
CY2022 crws Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-1919000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-854000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
793000 usd
CY2023 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-1226000 usd
CY2022 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-68000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7738000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8264000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
813000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
531000 usd
CY2023 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
34000 usd
CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
41000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16136000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16913000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-490000 usd
CY2023 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1746000 usd
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
25158000 usd
CY2023 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
14420000 usd
CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
25158000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
207000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
412000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
98000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
344000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3246000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6721000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9319000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6789000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
144000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
985000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1598000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
613000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1742000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1598000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
1142000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
1948000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
45000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
18000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
43000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
43000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
815000 usd
CY2022Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
827000 usd
CY2023 us-gaap Nature Of Operations
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b><a href="#" id="notes" title="notes"></a></b></p><p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Note <em style="font: inherit;">1</em> </b>–<b> Description of Business</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Crown Crafts, Inc. (the “Company”) was originally formed as a Georgia corporation in <em style="font: inherit;">1957</em> and was reincorporated as a Delaware corporation in <em style="font: inherit;">2003.</em> The Company operates indirectly through <em style="font: inherit;">four</em> of its wholly-owned subsidiaries, NoJo Baby &amp; Kids, Inc. (“NoJo”), Sassy Baby, Inc. (“Sassy”), Manhattan Group, LLC (“Manhattan”) and Manhattan Toy Europe Limited (“MTE”) in the infant, toddler and juvenile products segment within the consumer products industry. The infant, toddler and juvenile products segment consists of infant and toddler bedding and blankets, bibs, soft bath products, disposable products, developmental toys and accessories. Most sales of the Company’s products are generally made directly to retailers, such as mass merchants, large chain stores, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, wholesale clubs and internet-based retailers. Manhattan also sells direct to consumer through its website, <span style="text-decoration: underline; ">www.manhattantoy.com</span>. The Company’s products are marketed under a variety of Company-owned trademarks, under trademarks licensed from others and as private label goods.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The Company's fiscal year ends on the Sunday nearest to or on <em style="font: inherit;"> March 31. </em>References herein to “fiscal year <em style="font: inherit;">2023”</em> or <em style="font: inherit;">“2023”</em> represent the <em style="font: inherit;">52</em>-week period ended <em style="font: inherit;"> April 2, 2023, </em>and references herein to “fiscal year <em style="font: inherit;">2022”</em> or <em style="font: inherit;">“2022”</em> represent the <em style="font: inherit;">53</em>-week period ended <em style="font: inherit;"> April 3, 2022.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">On <em style="font: inherit;"> March 17, 2023 (</em>the “Closing Date”), the Company acquired Manhattan and MTE, Manhattan’s wholly-owned subsidiary (the “Manhattan Acquisition”), for a purchase price of $17.0 million, subject to adjustments for cash as of the Closing Date and to the extent that actual net working capital as of the Closing Date differs from target net working capital of $13.75 million. The Manhattan Acquisition was funded with cash available on the Closing Date and borrowings under the Company’s revolving line of credit with The CIT Group/Commercial Services (“CIT”).</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">During the <em style="font: inherit;">first</em> <em style="font: inherit;">54</em> days of fiscal <em style="font: inherit;">2022,</em> the Company also operated indirectly through Carousel Designs, LLC (“Carousel”), a wholly-owned subsidiary that manufactured and marketed infant and toddler bedding directly to consumers online from a facility in Douglasville, Georgia. On <em style="font: inherit;"> May 5, 2021, </em>the Company’s Board of Directors (the “Board”) approved the closure of Carousel due to a history of high costs, declining sales and operating and cash flow losses, as well as management’s determination that such losses were likely to continue. Accordingly, the operations of Carousel ceased at the close of business on <em style="font: inherit;"> May 21, 2021.</em></p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;"><i>Use of Estimates:</i> The preparation of 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 as of the date of the consolidated balance sheets and the reported amounts of revenues and expenses during the periods presented on the consolidated statements of income and cash flows. Significant estimates are made with respect to:</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"><tbody><tr><td style="width:54pt;"> </td><td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">●</p> </td><td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Allowances related to accounts receivable for customer deductions for returns, allowances and disputes,</p> </td></tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"><tbody><tr><td style="width:54pt;"> </td><td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">●</p> </td><td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Inventory reserves for discontinued finished goods, and</p> </td></tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width:100%;font-family:Times New Roman;font-size:10pt;"><tbody><tr><td style="width:54pt;"> </td><td style="vertical-align:top;width:18pt;"> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">●</p> </td><td style="vertical-align:top;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">A reserve for unrecognized tax liabilities in respect of the tax impact of state apportionment percentages.</p> </td></tr> </tbody></table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Actual results could differ materially from these estimates.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
75053000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
87360000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
481000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
509000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
481000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
509000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
591000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
527000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
412000 usd
CY2023 us-gaap Concentration Risk Credit Risk
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;"><i>Credit Concentration:</i> The Company’s accounts receivable at <em style="font: inherit;"> April 2, 2023 </em>amounted to $22.8 million, net of allowances of $1.5 million. Of this amount, $20.7 million was due from CIT under the factoring agreements, which represents the maximum loss that the Company could incur if CIT failed completely to perform its obligations under the factoring agreements. The Company’s accounts receivable at <em style="font: inherit;"> April 3, 2022 </em>amounted to $23.2 million, net of allowances of $945,000. Of this amount, $21.1 million was due from CIT under the factoring agreements; an additional amount of $1.5 million was due from CIT as a negative balance outstanding under the revolving line of credit. The combined amount of $22.6 million represents the maximum loss that the Company could incur if CIT failed completely to perform its obligations under the factoring agreements and the revolving line of credit.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023Q2 us-gaap Accounts Receivable Net Current
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1500000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
23200000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
945000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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385000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
385000 usd
CY2023 crws Capitalized Operating Lease Obligations As Right Of Use Assets
CapitalizedOperatingLeaseObligationsAsRightOfUseAssets
17300000 usd
CY2022 crws Capitalized Operating Lease Obligations As Right Of Use Assets
CapitalizedOperatingLeaseObligationsAsRightOfUseAssets
0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
2300000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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73000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
59000 usd
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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45000 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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50000 usd
CY2020Q3 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-442000 usd
CY2023 crws Income Tax Examination Discrete Income Tax Benefit Net Of Federal Income Tax
IncomeTaxExaminationDiscreteIncomeTaxBenefitNetOfFederalIncomeTax
81000 usd
CY2023 crws Income Tax Examination Increase Decrease In Interest Expense
IncomeTaxExaminationIncreaseDecreaseInInterestExpense
-86000 usd
CY2023Q1 crws Income Tax Examination Refund Claim Disallowed
IncomeTaxExaminationRefundClaimDisallowed
81000 usd
CY2023 us-gaap Advertising Expense
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422000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
408000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1900000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
224000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
131000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036 pure
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
28000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
34210000 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
20625000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
34211000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
20653000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.32
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
735500
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.39
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
635500
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.40
CY2023Q2 us-gaap Line Of Credit
LineOfCredit
12700000 usd
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2023Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
20000000.0 usd
CY2022Q2 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
26000000.0 usd
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
293000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
289000 usd
CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
30800000 usd
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
30000000.0 usd
CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
22900000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
7900000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
7100000 usd
CY2023 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
787000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12940000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11640000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9467000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8986000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2121000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1762000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3396000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4027000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4108000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4086000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3952000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
663000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
20232000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2916000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
17316000 usd
CY2023Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
765000
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.92
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.72
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
20000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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536500
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
87000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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127000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
541000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
67000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
205000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
126000 usd
CY2023Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
735500
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
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P5Y7M17D
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SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
6.39
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536500
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SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
5.45
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
561000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
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CY2023 us-gaap Current Federal Tax Expense Benefit
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1540000 usd
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DeferredFederalIncomeTaxExpenseBenefit
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FederalIncomeTaxExpenseBenefitContinuingOperations
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CurrentStateAndLocalTaxExpenseBenefit
381000 usd
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
345000 usd
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CurrentForeignTaxExpenseBenefit
10000 usd
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1931000 usd
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IncomeTaxExpenseBenefitOnCurrentYearIncomeDeferred
-205000 usd
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IncomeTaxExpenseBenefitOnCurrentYearIncome
1726000 usd
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0 usd
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-7000 usd
CY2023 crws Income Tax Expense Benefit Discrete Items Adjustment To Prior Year Provision Current
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51000 usd
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0 usd
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IncomeTaxExpenseBenefitDiscreteItemsAdjustmentToPriorYearProvision
51000 usd
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6000 usd
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IncomeTaxExpenseBenefitDiscreteItemsNetExcessTaxBenefitRelatedToStockbasedCompensation
6000 usd
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50000 usd
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0 usd
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IncomeTaxExpenseBenefitDiscreteItems
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CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1981000 usd
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DeferredIncomeTaxExpenseBenefit
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1776000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
542000 usd
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DeferredFederalIncomeTaxExpenseBenefit
1398000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1940000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
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194000 usd
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DeferredStateAndLocalIncomeTaxExpenseBenefit
328000 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
522000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
11000 usd
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IncomeTaxExpenseBenefitOnCurrentYearIncome
2473000 usd
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0 usd
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59000 usd
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-41000 usd
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0 usd
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-41000 usd
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0 usd
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IncomeTaxExpenseBenefitDiscreteItemsNetExcessTaxBenefitRelatedToStockbasedCompensation
-83000 usd
CY2022 crws Income Tax Expense Benefit Discrete Items Current
IncomeTaxExpenseBenefitDiscreteItemsCurrent
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0 usd
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IncomeTaxExpenseBenefitDiscreteItems
-65000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
682000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1726000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2408000 usd
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UnrecognizedTaxBenefitsIncludingAccrualForInterestAndPenalties
630000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
73000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
59000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
45000 usd
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UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
50000 usd
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0 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
186000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
495000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
557000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
414000 usd
CY2023Q2 crws Deferred Tax Assets Operating Lease Liabilities
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4286000 usd
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DeferredTaxAssetsOperatingLeaseLiabilities
654000 usd
CY2023Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
224000 usd
CY2022Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
322000 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
706000 usd
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DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
755000 usd
CY2023Q2 crws Deferred Tax Assets Accrued Interest And Penalty On Unrecognized Tax Liabilities
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54000 usd
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DeferredTaxAssetsAccruedInterestAndPenaltyOnUnrecognizedTaxLiabilities
43000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
378000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
289000 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6391000 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2972000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
706000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
755000 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
5685000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2217000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
610000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
607000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
4283000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
600000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1390000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1725000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
217000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
305000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6500000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3237000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
815000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1020000 usd
CY2022Q2 crws Unrecognized Tax Benefits Including Accrual For Interest And Penalties
UnrecognizedTaxBenefitsIncludingAccrualForInterestAndPenalties
739000 usd
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UnrecognizedTaxBenefitsIncreaseResultingFromRevaluationsDueToChangeInEnactedTaxRates
0 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
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UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
534000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-0 usd
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UnrecognizedTaxBenefitsIncludingAccrualForInterestAndPenalties
323000 usd
CY2022Q2 crws Unrecognized Tax Benefits Including Accrual For Interest And Penalties
UnrecognizedTaxBenefitsIncludingAccrualForInterestAndPenalties
739000 usd
CY2023Q2 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-442000 usd
CY2023 crws Income Tax Examination Discrete Income Tax Benefit Net Of Federal Income Tax
IncomeTaxExaminationDiscreteIncomeTaxBenefitNetOfFederalIncomeTax
81000 usd
CY2023 crws Income Tax Examination Increase Decrease In Interest Expense
IncomeTaxExaminationIncreaseDecreaseInInterestExpense
-86000 usd
CY2023 crws Income Tax Examination Refund Claim Disallowed
IncomeTaxExaminationRefundClaimDisallowed
81000 usd
CY2023 crws Discrete Income Tax Charge Shortfall From Vesting Of Nonvested Stock
DiscreteIncomeTaxChargeShortfallFromVestingOfNonvestedStock
6000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-83000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1560000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2588000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
272000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
413000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
135000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
136000 usd
CY2023 crws Income Tax Expense Benefit Discrete Items
IncomeTaxExpenseBenefitDiscreteItems
50000 usd
CY2022 crws Income Tax Expense Benefit Discrete Items
IncomeTaxExpenseBenefitDiscreteItems
-65000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-0 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
486000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
29000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
94000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1776000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2408000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.32
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
3200000 usd
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
6700000 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
33000
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
6.31
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
53000
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
7.72
CY2023 us-gaap Royalty Expense
RoyaltyExpense
5200000 usd
CY2022 us-gaap Royalty Expense
RoyaltyExpense
6000000.0 usd
CY2023Q2 crws Royalty Expense Due
RoyaltyExpenseDue
3700000 usd
CY2023Q2 crws Royalty Expense Due In Next Twelve Months
RoyaltyExpenseDueInNextTwelveMonths
2700000 usd
CY2023Q2 crws Royalty Expense Due In Two Years
RoyaltyExpenseDueInTwoYears
811000 usd
CY2023Q2 crws Royalty Expense Due In Three Years
RoyaltyExpenseDueInThreeYears
121000 usd
CY2023Q2 crws Royalty Expense Due In Four Years
RoyaltyExpenseDueInFourYears
48000 usd
CY2023Q2 crws Royalty Expense Due In Five Years
RoyaltyExpenseDueInFiveYears
48000 usd

Files In Submission

Name View Source Status
crws-20230402_lab.xml Edgar Link unprocessable
0001437749-23-018305-index-headers.html Edgar Link pending
0001437749-23-018305-index.html Edgar Link pending
0001437749-23-018305.txt Edgar Link pending
0001437749-23-018305-xbrl.zip Edgar Link pending
crws-20230402.xsd Edgar Link pending
crws20230402_10k.htm Edgar Link pending
ex_534171.htm Edgar Link pending
ex_534172.htm Edgar Link pending
ex_534173.htm Edgar Link pending
ex_534174.htm Edgar Link pending
ex_534175.htm Edgar Link pending
ex_534176.htm Edgar Link pending
ex_537343.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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