2019 Q4 Form 10-K Financial Statement

#000156459020012549 Filed on March 24, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $77.61M $306.9M $74.67M
YoY Change 3.94% 8.69% 8.81%
Cost Of Revenue $52.32M $206.8M $51.67M
YoY Change 1.26% 8.25% 15.05%
Gross Profit $25.28M $100.1M $23.00M
YoY Change 9.91% 9.61% 3.07%
Gross Profit Margin 32.57% 32.62% 30.8%
Selling, General & Admin $15.52M $61.20M $13.11M
YoY Change 18.38% 26.71% 7.99%
% of Gross Profit 61.39% 61.13% 57.0%
Research & Development $9.000M $38.52M $8.960M
YoY Change 0.45% 9.09% -0.99%
% of Gross Profit 35.6% 38.47% 38.96%
Depreciation & Amortization $1.010M $5.120M $670.0K
YoY Change 50.75% 89.63% -5.63%
% of Gross Profit 4.0% 5.11% 2.91%
Operating Expenses $24.63M $107.1M $22.20M
YoY Change 10.95% 27.32% 4.13%
Operating Profit $650.0K -$7.029M $800.0K
YoY Change -18.75% -197.9% -66.57%
Interest Expense -$810.0K -$3.500M -$350.0K
YoY Change 131.43% 133.33% 94.44%
% of Operating Profit -124.62% -43.75%
Other Income/Expense, Net -$1.640M $876.0K -$290.0K
YoY Change 465.52% -176.44% -62.34%
Pretax Income -$7.710M -$9.678M $170.0K
YoY Change -4635.29% -312.24% -88.19%
Income Tax $2.490M $3.585M $650.0K
% Of Pretax Income 382.35%
Net Earnings -$10.19M -$13.46M -$550.0K
YoY Change 1752.73% -586.34% -113.01%
Net Earnings / Revenue -13.13% -4.39% -0.74%
Basic Earnings Per Share -$0.69
Diluted Earnings Per Share -$475.7K -$0.69 -$33.03K
COMMON SHARES
Basic Shares Outstanding 19.40M 16.58M shares
Diluted Shares Outstanding 19.40M

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.70M $28.70M $27.70M
YoY Change 3.61% 3.61% 58.29%
Cash & Equivalents $28.75M $28.70M $27.71M
Short-Term Investments
Other Short-Term Assets $8.800M $8.800M $11.20M
YoY Change -21.43% -21.43% -30.43%
Inventory $35.44M $35.40M $33.87M
Prepaid Expenses
Receivables $113.5M $113.5M $83.00M
Other Receivables $8.124M $8.200M $65.00K
Total Short-Term Assets $194.7M $194.7M $168.8M
YoY Change 15.37% 15.34% 26.59%
LONG-TERM ASSETS
Property, Plant & Equipment $6.769M $27.20M $5.518M
YoY Change 22.67% 394.55% -6.04%
Goodwill $3.977M $3.977M
YoY Change 0.0% 0.0%
Intangibles $12.38M $5.649M
YoY Change 119.17%
Long-Term Investments
YoY Change
Other Assets $6.243M $7.900M $2.424M
YoY Change 157.55% 29.51% -48.61%
Total Long-Term Assets $51.46M $51.40M $21.26M
YoY Change 142.1% 142.45% -17.67%
TOTAL ASSETS
Total Short-Term Assets $194.7M $194.7M $168.8M
Total Long-Term Assets $51.46M $51.40M $21.26M
Total Assets $246.1M $246.1M $190.0M
YoY Change 29.55% 29.53% 19.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.40M $38.40M $38.60M
YoY Change -0.52% -0.52% 17.68%
Accrued Expenses $7.400M $7.400M $11.50M
YoY Change -35.65% 94.74% 2.68%
Deferred Revenue $3.600M $8.511M
YoY Change -57.7% 159.56%
Short-Term Debt $18.30M $15.80M $0.00
YoY Change -100.0%
Long-Term Debt Due $17.48M $1.700M $31.76M
YoY Change -44.95% -94.65% 60.41%
Total Short-Term Liabilities $79.80M $79.80M $93.47M
YoY Change -14.62% -14.65% 31.61%
LONG-TERM LIABILITIES
Long-Term Debt $19.03M $19.00M $14.14M
YoY Change 34.58% 34.75% 44.31%
Other Long-Term Liabilities $1.710M $40.80M $2.739M
YoY Change -37.57% 806.67% 2.7%
Total Long-Term Liabilities $20.74M $59.80M $16.88M
YoY Change 22.88% 221.51% 532.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.80M $79.80M $93.47M
Total Long-Term Liabilities $20.74M $59.80M $16.88M
Total Liabilities $139.6M $139.6M $112.2M
YoY Change 24.47% 23.76% 31.39%
SHAREHOLDERS EQUITY
Retained Earnings -$29.23M -$15.78M
YoY Change 85.3% -16.31%
Common Stock $139.7M $93.21M
YoY Change 49.9% 3.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $106.5M $106.5M $77.24M
YoY Change
Total Liabilities & Shareholders Equity $246.1M $246.1M $190.0M
YoY Change 29.55% 29.53% 19.41%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$10.19M -$13.46M -$550.0K
YoY Change 1752.73% -586.34% -113.01%
Depreciation, Depletion And Amortization $1.010M $5.120M $670.0K
YoY Change 50.75% 89.63% -5.63%
Cash From Operating Activities -$810.0K -$22.70M $3.490M
YoY Change -123.21% 85.81% 38.49%
INVESTING ACTIVITIES
Capital Expenditures -$850.0K $2.314M -$430.0K
YoY Change 97.67% 95.77% 72.0%
Acquisitions $4.660M
YoY Change
Other Investing Activities $40.00K -$4.660M $0.00
YoY Change -100.0%
Cash From Investing Activities -$810.0K -$6.974M -$430.0K
YoY Change 88.37% 491.02% -105.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $42.51M
YoY Change 4550.88%
Debt Paid & Issued, Net $11.88M
YoY Change
Cash From Financing Activities -18.14M 28.04M 3.830M
YoY Change -573.63% 47.58% 15.02%
NET CHANGE
Cash From Operating Activities -810.0K -22.70M 3.490M
Cash From Investing Activities -810.0K -6.974M -430.0K
Cash From Financing Activities -18.14M 28.04M 3.830M
Net Change In Cash -19.76M -2.013M 6.890M
YoY Change -386.79% -147.52% -49.11%
FREE CASH FLOW
Cash From Operating Activities -$810.0K -$22.70M $3.490M
Capital Expenditures -$850.0K $2.314M -$430.0K
Free Cash Flow $40.00K -$25.02M $3.920M
YoY Change -98.98% 86.69% 41.52%

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StockIssuedDuringPeriodValueNewIssues
42509000
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
951000
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
256000
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
367000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3508000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3732000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5115000
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2702000
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
664000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
3508000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2080000
CY2019 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
2984000
CY2018 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
835000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
155000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
20000
CY2019 dzsi Provision For Sales Return
ProvisionForSalesReturn
370000
CY2018 dzsi Provision For Sales Return
ProvisionForSalesReturn
1343000
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-158000
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1229000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1130000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
202000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23072000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10287000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4802000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9359000
CY2019 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
5962000
CY2018 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
12175000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7688000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3381000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10340000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5702000
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
854000
CY2018 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-3727000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-3800000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5458000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-22702000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12218000
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2314000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1182000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4660000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6974000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1180000
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
42509000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
49243000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
55518000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
69357000
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
45033000
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
25000000
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11875000
CY2018 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
12064000
CY2019 dzsi Repayments Of Related Party Debt Excluding Long Term Debt
RepaymentsOfRelatedPartyDebtExcludingLongTermDebt
5000000
CY2018 dzsi Repayments Of Related Party Debt Excluding Long Term Debt
RepaymentsOfRelatedPartyDebtExcludingLongTermDebt
4460000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2148000
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
951000
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
623000
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
914000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28044000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19003000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-381000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1369000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2013000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4236000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35648000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31412000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33635000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
2786000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
1332000
CY2019 dzsi Interest Paid To Related Party
InterestPaidToRelatedParty
509000
CY2018 dzsi Interest Paid To Related Party
InterestPaidToRelatedParty
611000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2017000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1260000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">(f) Use of Estimates</p> <p style="margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.&#160;</p>
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.47
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.47
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.47
CY2019Q4 dzsi Numberof Customers
NumberofCustomers
1200
CY2019Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
120
CY2019 dzsi Entity Incorporation Month Year Of Incorporation
EntityIncorporationMonthYearOfIncorporation
1999-06
CY2019Q4 dzsi Working Capital
WorkingCapital
114900000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
38000000
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
18300000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
328000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1246000
CY2018 dzsi Allowance For Doubtful Accounts Receivable Reversal Of Expense
AllowanceForDoubtfulAccountsReceivableReversalOfExpense
-11000
CY2019 dzsi Allowance For Doubtful Accounts Receivable Utilization Write Offs And Exchange Rate Differences
AllowanceForDoubtfulAccountsReceivableUtilizationWriteOffsAndExchangeRateDifferences
90000
CY2018 dzsi Allowance For Doubtful Accounts Receivable Utilization Write Offs And Exchange Rate Differences
AllowanceForDoubtfulAccountsReceivableUtilizationWriteOffsAndExchangeRateDifferences
927000
CY2019 dzsi Allowance For Sales Returns Charged To Revenue
AllowanceForSalesReturnsChargedToRevenue
370000
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22500000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
22500000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15774000
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15688000
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1458000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2429000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
18207000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15751000
CY2019Q4 us-gaap Property Plant And Equipment Gross
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20270000
CY2018Q4 us-gaap Property Plant And Equipment Gross
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17201000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13130000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11271000
CY2019Q4 dzsi Property Plantand Equipment Under Government Grants
PropertyPlantandEquipmentUnderGovernmentGrants
371000
CY2018Q4 dzsi Property Plantand Equipment Under Government Grants
PropertyPlantandEquipmentUnderGovernmentGrants
412000
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1319000
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1618000
CY2018Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2461000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9615000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7737000
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
931000
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
967000
CY2018 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1171000
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
903000
CY2018 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
791000
CY2019 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
230000
CY2019 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-2000
CY2018 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
8000
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
16700000
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11400000
CY2019Q4 dzsi Contract Liability Products And Services Current
ContractLiabilityProductsAndServicesCurrent
2700000
CY2019Q4 us-gaap Extended Product Warranty Accrual Current
ExtendedProductWarrantyAccrualCurrent
900000
CY2019Q4 dzsi Contract Liability Products And Services Noncurrent
ContractLiabilityProductsAndServicesNoncurrent
1000000
CY2019Q4 us-gaap Extended Product Warranty Accrual Noncurrent
ExtendedProductWarrantyAccrualNoncurrent
2200000
CY2019 us-gaap Restructuring Charges
RestructuringCharges
4900000
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1000000
CY2017Q4 us-gaap Goodwill
Goodwill
3977000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
18135000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5754000
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
12381000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10479000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4830000
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
5649000
CY2019 dzsi Amortizationand Impairmentof Intangible Assets
AmortizationandImpairmentofIntangibleAssets
3100000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3103000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2899000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2491000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2491000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
524000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
873000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
795000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17484000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
688000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
19033000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1483000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
36517000
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
31762000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
14142000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
45904000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
18279000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3438000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
16283000
CY2018Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.035
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
15779000
CY2018Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
24762000
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.027
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4600000
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
5500000
CY2019 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
400000
CY2018 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
400000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-15000
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-12000
CY2019Q4 dzsi Number Of Share Based Compensation Plans
NumberOfShareBasedCompensationPlans
1
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.22
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.49
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1744000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
470000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
128000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
39000
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
35000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2012000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2012000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
946000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.00
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.36
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.83
CY2019 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
37000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.22
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.32
CY2019 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y4M9D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y4M9D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y8M26D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2418000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2418000
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1684000
CY2019Q4 us-gaap Share Price
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8.86
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6300000
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1213000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
836000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
155000
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
150000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1744000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
488000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.50
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.86
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.00
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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