2021 Q3 Form 10-Q Financial Statement

#000143774921025492 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2020 Q2
Revenue $274.6M $210.8M $191.7M
YoY Change 30.23% -4.37% -11.68%
Cost Of Revenue $118.8M $76.70M $62.10M
YoY Change 54.9% -3.16% -18.72%
Gross Profit $155.8M $134.2M $129.6M
YoY Change 16.06% -4.96% -7.89%
Gross Profit Margin 56.73% 63.65% 67.61%
Selling, General & Admin $123.2M $115.0M $114.2M
YoY Change 7.11% -8.0% 0.97%
% of Gross Profit 79.08% 85.69% 88.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.37M $13.40M $19.70M
YoY Change -0.26% -35.89% -3.9%
% of Gross Profit 8.58% 9.99% 15.2%
Operating Expenses $136.5M $128.4M $133.9M
YoY Change 6.34% -11.99% -36.38%
Operating Profit $20.08M $6.811M -$28.95M
YoY Change 194.86% -275.99% -511.81%
Interest Expense $2.506M -$800.0K -$1.600M
YoY Change -413.25% 700.0% -500.0%
% of Operating Profit 12.48% -11.75%
Other Income/Expense, Net
YoY Change
Pretax Income $22.59M $6.052M -$30.50M
YoY Change 273.25% -253.99% -510.72%
Income Tax $6.147M $1.339M -$7.336M
% Of Pretax Income 27.21% 22.12%
Net Earnings $16.44M $7.501M -$22.34M
YoY Change 119.2% -335.21% -468.03%
Net Earnings / Revenue 5.99% 3.56% -11.66%
Basic Earnings Per Share $0.98 $0.44 -$1.31
Diluted Earnings Per Share $0.97 $0.43 -$1.31
COMMON SHARES
Basic Shares Outstanding 16.78M 17.13M 17.09M
Diluted Shares Outstanding 16.98M 17.27M 17.09M

Balance Sheet

Concept 2021 Q3 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.19M $13.70M $67.10M
YoY Change 61.96% -65.58% 132.99%
Cash & Equivalents $22.19M $13.73M $67.13M
Short-Term Investments
Other Short-Term Assets $0.00 $414.0K $715.0K
YoY Change -100.0% -59.73% -23.45%
Inventory $3.659M $3.300M $3.600M
Prepaid Expenses $10.30M $6.777M $10.42M
Receivables $131.6M $89.16M $74.88M
Other Receivables $68.48M $23.10M $25.50M
Total Short-Term Assets $239.2M $200.8M $346.3M
YoY Change 19.12% -18.4% 53.51%
LONG-TERM ASSETS
Property, Plant & Equipment $350.4M $387.2M $393.0M
YoY Change -9.52% -28.38% -23.13%
Goodwill $42.50M $42.50M $42.50M
YoY Change 0.0% -0.04% -0.04%
Intangibles
YoY Change
Long-Term Investments $41.92M $33.00M $31.70M
YoY Change 27.04% 1.85% 0.63%
Other Assets $49.55M $67.62M $52.46M
YoY Change -26.72% 61.04% 27.58%
Total Long-Term Assets $464.8M $523.0M $514.8M
YoY Change -11.14% -20.21% -17.76%
TOTAL ASSETS
Total Short-Term Assets $239.2M $200.8M $346.3M
Total Long-Term Assets $464.8M $523.0M $514.8M
Total Assets $704.0M $723.8M $861.1M
YoY Change -2.75% -19.72% 1.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.09M $21.93M $18.51M
YoY Change 14.41% -18.04% -25.21%
Accrued Expenses $71.26M $42.93M $37.90M
YoY Change 66.01% 41.46% 28.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $600.0K
YoY Change -100.0% -62.5%
Long-Term Debt Due $8.387M $15.07M $53.48M
YoY Change -44.34% -68.49% 41.51%
Total Short-Term Liabilities $207.7M $147.3M $166.1M
YoY Change 40.98% -3.62% 25.2%
LONG-TERM LIABILITIES
Long-Term Debt $22.02M $89.35M $216.6M
YoY Change -75.35% -61.11% 3.73%
Other Long-Term Liabilities $8.326M $11.25M $7.995M
YoY Change -26.0% 255.03% 180.04%
Total Long-Term Liabilities $30.35M $100.6M $224.6M
YoY Change -69.83% -56.8% 6.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $207.7M $147.3M $166.1M
Total Long-Term Liabilities $30.35M $100.6M $224.6M
Total Liabilities $374.1M $409.0M $554.2M
YoY Change -8.55% -26.06% 10.87%
SHAREHOLDERS EQUITY
Retained Earnings $207.3M $192.0M $184.5M
YoY Change 8.0% -7.65% -12.59%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.22M $17.45M $17.45M
YoY Change 38.82%
Treasury Stock Shares $1.758M $1.428M $1.429M
Shareholders Equity $329.9M $314.8M $306.9M
YoY Change
Total Liabilities & Shareholders Equity $704.0M $723.8M $861.1M
YoY Change -2.75% -19.72% 1.12%

Cashflow Statement

Concept 2021 Q3 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $16.44M $7.501M -$22.34M
YoY Change 119.2% -335.21% -468.03%
Depreciation, Depletion And Amortization $13.37M $13.40M $19.70M
YoY Change -0.26% -35.89% -3.9%
Cash From Operating Activities $34.12M $900.0K $27.60M
YoY Change 3690.56% -94.44% 91.67%
INVESTING ACTIVITIES
Capital Expenditures -$7.830M -$16.60M -$11.80M
YoY Change -52.83% -67.0% -71.36%
Acquisitions
YoY Change
Other Investing Activities $10.02M $143.5M $32.40M
YoY Change -93.02% 791.3% 244.68%
Cash From Investing Activities $2.185M $126.9M $20.60M
YoY Change -98.28% -471.05% -164.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.08M -181.2M -20.70M
YoY Change -89.47% -724.83% -236.18%
NET CHANGE
Cash From Operating Activities 34.12M 900.0K 27.60M
Cash From Investing Activities 2.185M 126.9M 20.60M
Cash From Financing Activities -19.08M -181.2M -20.70M
Net Change In Cash 17.22M -53.40M 27.50M
YoY Change -132.25% -585.45% -1350.0%
FREE CASH FLOW
Cash From Operating Activities $34.12M $900.0K $27.60M
Capital Expenditures -$7.830M -$16.60M -$11.80M
Free Cash Flow $41.95M $17.50M $39.40M
YoY Change 139.69% -73.68% -29.14%

Facts In Submission

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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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2540000 USD
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Earnings Per Share Basic
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CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2020Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17134000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16832000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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17435000
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CY2021Q2 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
33000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
128000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
125000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
768000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16570000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7626000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
932000 USD
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2594000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
249000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1857000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
17515000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
466000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
400000 USD
CY2020Q2 cvlg Treasury Stock Value Adjustments
TreasuryStockValueAdjustments
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CY2020Q2 cvlg Apic Sharebased Payment Arrangement Reversal Of Cost Recognition
APICSharebasedPaymentArrangementReversalOfCostRecognition
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CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
125000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
298000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
42999000 USD
us-gaap Net Income Loss
NetIncomeLoss
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cvlg Accounts Receivable Credit Loss Expense Reversal Including Discontinued Operations
AccountsReceivableCreditLossExpenseReversalIncludingDiscontinuedOperations
1045000 USD
cvlg Accounts Receivable Credit Loss Expense Reversal Including Discontinued Operations
AccountsReceivableCreditLossExpenseReversalIncludingDiscontinuedOperations
3211000 USD
cvlg Reversal Of Deferred Gains Of Sale Of Property
ReversalOfDeferredGainsOfSaleOfProperty
53000 USD
cvlg Reversal Of Deferred Gains Of Sale Of Property
ReversalOfDeferredGainsOfSaleOfProperty
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cvlg Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
41316000 USD
cvlg Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
51281000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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us-gaap Amortization Of Financing Costs
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0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
154000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12911000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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cvlg Excess Tax Benefit Deficit From Sharebased Compensation Operating Activities
ExcessTaxBenefitDeficitFromSharebasedCompensationOperatingActivities
216000 USD
cvlg Excess Tax Benefit Deficit From Sharebased Compensation Operating Activities
ExcessTaxBenefitDeficitFromSharebasedCompensationOperatingActivities
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us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6803000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1120000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9572000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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cvlg Income Loss From Investments In Affiliate
IncomeLossFromInvestmentsInAffiliate
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cvlg Income Loss From Investments In Affiliate
IncomeLossFromInvestmentsInAffiliate
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us-gaap Gain Loss On Disposition Of Assets
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3683000 USD
us-gaap Gain Loss On Disposition Of Assets
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us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
3720000 USD
us-gaap Discontinued Operation Amount Of Adjustment To Prior Period Gain Loss On Disposal Net Of Tax
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3412000 USD
us-gaap Discontinued Operation Amount Of Adjustment To Prior Period Gain Loss On Disposal Net Of Tax
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us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
63000 USD
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
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us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Receivables
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72413000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
540000 USD
us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Insurance Liabilities
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25153000 USD
us-gaap Increase Decrease In Insurance Liabilities
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30428000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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24831000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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13836000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
68238000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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24957000 USD
us-gaap Payments To Acquire Other Investments
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us-gaap Payments To Acquire Other Investments
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cvlg Proceeds From Payments For Debt Securities Availableforsale
ProceedsFromPaymentsForDebtSecuritiesAvailableforsale
33000 USD
cvlg Proceeds From Payments For Debt Securities Availableforsale
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319000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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21801000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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63614000 USD
us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Proceeds From Divestiture Of Businesses
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ProceedsFromSaleOfPropertyPlantAndEquipment
43812000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
86555000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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21965000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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130997000 USD
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us-gaap Proceeds From Notes Payable
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ProceedsFromNotesPayable
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us-gaap Repayments Of Notes Payable
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Finance Lease Principal Payments
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us-gaap Finance Lease Principal Payments
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17372000 USD
us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
43591000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13734000 USD
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CY2021Q3 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
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us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
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CY2020Q3 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
133000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1171000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2020Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4713000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
40459000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
2788000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
2540000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
4485000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
16442000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
7501000 USD
us-gaap Net Income Loss
NetIncomeLoss
42999000 USD
us-gaap Net Income Loss
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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16782000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17134000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16832000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17435000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16975000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17267000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17041000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17435000
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.40
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.15
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.26
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.97
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.27
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.37
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.24
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2021Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 pure
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
274561000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
210830000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
751775000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
613333000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
100000 USD
CY2021Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
77900000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
600000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
8387000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
22020000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
7577000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
47888000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
32733000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
52295000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
30253000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
80118000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4607000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
7655000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17645000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
5462000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
885000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1018000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2806000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3023000 USD
CY2021Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
159000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
284000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
493000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
808000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
6280000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
5734000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
18044000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
19782000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
8000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
44000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
99000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
358000 USD
CY2021Q3 us-gaap Lease Cost
LeaseCost
7332000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
7080000 USD
us-gaap Lease Cost
LeaseCost
21442000 USD
us-gaap Lease Cost
LeaseCost
23971000 USD
CY2021Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
885000 USD
CY2020Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1018000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2806000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3023000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
4856000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
5778000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
14388000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
20140000 USD
CY2021Q3 cvlg Finance Lease Payments Financing Activities
FinanceLeasePaymentsFinancingActivities
159000 USD
CY2020Q3 cvlg Finance Lease Payments Financing Activities
FinanceLeasePaymentsFinancingActivities
284000 USD
cvlg Finance Lease Payments Financing Activities
FinanceLeasePaymentsFinancingActivities
493000 USD
cvlg Finance Lease Payments Financing Activities
FinanceLeasePaymentsFinancingActivities
808000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1131000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3258000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13265000 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
122000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15795000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2759000 USD
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.044 pure
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063 pure
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40200000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
37400000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
24300000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
29400000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9036000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
462000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2206000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2112000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q3 cvlg Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
13669000 USD
CY2021Q3 cvlg Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
49275000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
13579000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3900000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
34000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12937000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
21063000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
34000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9482000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24518000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
42500000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7904000 USD
CY2021Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
329000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
41371000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
13250000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16847000 USD
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7499000 USD
CY2021Q3 cvlg Operating Lease Liability Including Operating Lease Not Yet Commenced Noncurrent
OperatingLeaseLiabilityIncludingOperatingLeaseNotYetCommencedNoncurrent
24524000 USD
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5751000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1900000
CY2020Q3 cvlg Fungible Share Reserve Feature Shares Subject To All Other Awards
FungibleShareReserveFeatureSharesSubjectToAllOtherAwards
1.80
CY2020Q2 cvlg Maximum Number Of Shares Of Class A Common Stock Awarded To Any Participant In The Incentive Plan In Any Calendar Year
MaximumNumberOfSharesOfClassACommonStockAwardedToAnyParticipantInTheIncentivePlanInAnyCalendarYear
200000
CY2020Q2 cvlg Maximum Cash Awarded To Any Participant In The Incentive Plan In Any Calendar Year
MaximumCashAwardedToAnyParticipantInTheIncentivePlanInAnyCalendarYear
2000000 USD
CY2020Q3 cvlg Maximum Number Of Shares Of Class A Common Stock Awarded To Any Participant In The Incentive Plan In Any Calendar Year
MaximumNumberOfSharesOfClassACommonStockAwardedToAnyParticipantInTheIncentivePlanInAnyCalendarYear
500000
CY2020Q3 cvlg Maximum Cash Awarded To Any Participant In The Incentive Plan In Any Calendar Year
MaximumCashAwardedToAnyParticipantInTheIncentivePlanInAnyCalendarYear
4000000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1049793
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4200000
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
0
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
29500000 USD
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
20000000.0 USD
CY2020Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
2500000 USD
CY2021Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
40000000.0 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
500000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8400000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
40000000.0 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
600000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1400000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10300000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
17500000 USD
CY2020Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
38000000.0 USD
CY2021Q3 cvlg Working Capital Deficit
WorkingCapitalDeficit
31500000 USD
CY2020Q4 cvlg Working Capital Deficit
WorkingCapitalDeficit
14400000 USD

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