2023 Q3 Form 10-K Financial Statement

#000117494723001191 Filed on October 05, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $88.07M $94.04M $354.2M
YoY Change 5.57% 13.53% 32.49%
Cost Of Revenue $62.38M $66.25M $250.5M
YoY Change 5.87% 9.27% 29.38%
Gross Profit $25.69M $27.79M $103.7M
YoY Change 4.84% 25.19% 40.67%
Gross Profit Margin 29.17% 29.55% 29.27%
Selling, General & Admin $23.08M $23.77M $87.18M
YoY Change 14.68% 21.04% 29.5%
% of Gross Profit 89.81% 85.53% 84.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.546M $1.610M $6.024M
YoY Change 6.92% 13.86% 15.65%
% of Gross Profit 6.02% 5.79% 5.81%
Operating Expenses $23.08M $23.78M $87.18M
YoY Change 14.68% 21.09% 29.5%
Operating Profit $2.617M $4.010M $16.51M
YoY Change -40.29% 56.58% 158.35%
Interest Expense $770.0K -$790.0K $2.507M
YoY Change 104.24% 173.36% 269.22%
% of Operating Profit 29.42% -19.7% 15.19%
Other Income/Expense, Net $1.200M
YoY Change
Pretax Income $1.847M $3.230M $14.00M
YoY Change -53.89% 42.17% 145.17%
Income Tax $565.0K $1.330M $4.280M
% Of Pretax Income 30.59% 41.18% 30.57%
Net Earnings $1.282M $1.660M $9.719M
YoY Change -54.97% 10.08% 137.34%
Net Earnings / Revenue 1.46% 1.77% 2.74%
Basic Earnings Per Share $0.09 $0.68
Diluted Earnings Per Share $0.09 $0.13 $0.67
COMMON SHARES
Basic Shares Outstanding 12.59M shares 12.57M shares 12.55M shares
Diluted Shares Outstanding 13.21M shares 12.80M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.200M $5.900M $5.900M
YoY Change 11.29% 48.47% 48.47%
Cash & Equivalents $4.189M $5.921M $5.900M
Short-Term Investments
Other Short-Term Assets $7.623M $8.547M $10.10M
YoY Change 28.27% 42.02% 53.38%
Inventory $57.69M $59.17M $59.20M
Prepaid Expenses
Receivables $49.90M $50.46M $49.60M
Other Receivables $0.00 $0.00 $700.0K
Total Short-Term Assets $121.9M $125.5M $125.5M
YoY Change 5.54% 18.83% 18.83%
LONG-TERM ASSETS
Property, Plant & Equipment $12.91M $12.95M $21.70M
YoY Change -0.25% -0.61% 5.79%
Goodwill $74.16M $73.39M
YoY Change 3.4% 3.31%
Intangibles $24.13M
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.100M $9.200M $9.200M
YoY Change 12.99% 24.83% 24.83%
Total Long-Term Assets $127.6M $128.3M $128.3M
YoY Change 1.63% 2.55% 2.51%
TOTAL ASSETS
Total Short-Term Assets $121.9M $125.5M $125.5M
Total Long-Term Assets $127.6M $128.3M $128.3M
Total Assets $249.5M $253.8M $253.8M
YoY Change 3.5% 10.0% 9.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.60M $26.69M $26.70M
YoY Change -25.14% -18.21% -18.18%
Accrued Expenses $14.20M $10.08M $25.80M
YoY Change 19.83% 32.61% 26.35%
Deferred Revenue $545.0K $668.0K
YoY Change 31.76%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $70.72M $76.45M $76.40M
YoY Change -4.13% 2.14% 2.07%
LONG-TERM LIABILITIES
Long-Term Debt $33.88M $34.87M $34.90M
YoY Change -5.48% 25.25% 25.36%
Other Long-Term Liabilities $5.900M $6.600M $6.600M
YoY Change 8.46% 15.06% 15.06%
Total Long-Term Liabilities $33.88M $34.87M $41.50M
YoY Change -5.48% 25.25% 23.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.72M $76.45M $76.40M
Total Long-Term Liabilities $33.88M $34.87M $41.50M
Total Liabilities $115.5M $122.9M $122.9M
YoY Change -3.64% 8.67% 8.68%
SHAREHOLDERS EQUITY
Retained Earnings $33.89M $32.61M
YoY Change 31.68% 42.46%
Common Stock $103.6M $101.5M
YoY Change 5.16% 3.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.509M $3.195M
YoY Change 14.3% 4.07%
Treasury Stock Shares
Shareholders Equity $134.0M $131.0M $131.0M
YoY Change
Total Liabilities & Shareholders Equity $249.5M $253.8M $253.8M
YoY Change 3.5% 10.0% 9.98%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income $1.282M $1.660M $9.719M
YoY Change -54.97% 10.08% 137.34%
Depreciation, Depletion And Amortization $1.546M $1.610M $6.024M
YoY Change 6.92% 13.86% 15.65%
Cash From Operating Activities $1.540M $7.590M $940.0K
YoY Change -124.82% 82.63% -149.53%
INVESTING ACTIVITIES
Capital Expenditures $970.0K $1.420M $3.710M
YoY Change -225.81% -255.19% -193.19%
Acquisitions $987.0K $2.278M
YoY Change -19.36% -80.94%
Other Investing Activities -$990.0K -$330.0K -$2.280M
YoY Change -19.12% -96.24% -80.93%
Cash From Investing Activities -$1.958M -$1.750M -$5.986M
YoY Change -1.85% -81.92% -62.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.000K
YoY Change -91.76%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.314M -3.940M $6.993M
YoY Change -116.43% -201.16% -55.6%
NET CHANGE
Cash From Operating Activities $1.540M 7.590M $940.0K
Cash From Investing Activities -$1.958M -1.750M -$5.986M
Cash From Financing Activities -$1.314M -3.940M $6.993M
Net Change In Cash -$1.732M 1.900M $1.947M
YoY Change 766.0% -216.56% -193.47%
FREE CASH FLOW
Cash From Operating Activities $1.540M $7.590M $940.0K
Capital Expenditures $970.0K $1.420M $3.710M
Free Cash Flow $570.0K $6.170M -$2.770M
YoY Change -110.49% 21.67% -232.98%

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CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
65000000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
70000000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
49000000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
166000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
125000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
205000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
118000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
120000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6993000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15749000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1947000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2083000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3974000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6057000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5921000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3974000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
2469000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
494000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3099000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
430000 usd
CY2023 evi Common Stock Issued For Acquisitionsin Shares
CommonStockIssuedForAcquisitionsinShares
503000 usd
CY2022 evi Common Stock Issued For Acquisitionsin Shares
CommonStockIssuedForAcquisitionsinShares
4331000 usd
CY2023Q2 evi Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
13378000 usd
CY2022Q2 evi Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
6143000 usd
CY2023Q2 evi Estimated Earnings
EstimatedEarnings
2268000 usd
CY2022Q2 evi Estimated Earnings
EstimatedEarnings
652000 usd
CY2023Q2 evi Billings To Date
BillingsToDate
-16148000 usd
CY2022Q2 evi Billings To Date
BillingsToDate
-7270000 usd
CY2023Q2 us-gaap Retainage Deposit
RetainageDeposit
1015000 usd
CY2022Q2 us-gaap Retainage Deposit
RetainageDeposit
1487000 usd
CY2023Q2 evi Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts Ne
CostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContractsNe
513000 usd
CY2022Q2 evi Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts Ne
CostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContractsNe
1012000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1181000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1519000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
668000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
507000 usd
CY2023Q2 evi Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts Ne
CostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContractsNe
513000 usd
CY2022Q2 evi Costs And Estimated Earnings In Excess Of Billings On Uncompleted Contracts Ne
CostsAndEstimatedEarningsInExcessOfBillingsOnUncompletedContractsNe
1012000 usd
CY2022Q2 us-gaap Prepaid Insurance
PrepaidInsurance
681000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2100000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1600000 usd
CY2023Q2 us-gaap Cash
Cash
250000 usd
CY2023Q2 evi Inventory
Inventory
994000 usd
CY2022Q2 evi Inventory
Inventory
703000 usd
CY2023Q2 us-gaap Net Investment In Lease After Allowance For Credit Loss Current
NetInvestmentInLeaseAfterAllowanceForCreditLossCurrent
1580000 usd
CY2023Q2 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
576000 usd
CY2022Q2 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
671000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b>Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management evaluates these estimates on an ongoing basis. Estimates which may be particularly significant to the Company’s consolidated financial statements include those relating to the determination of impairment of assets (including goodwill and intangible assets), the useful life of property and equipment, the recoverability of deferred income tax assets, allowances for doubtful accounts, intangible assets, estimates to complete on contracts where revenue is recognized over time, the carrying value of inventories and long-lived assets, and the timing of revenue recognition. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the recognition of revenues and expenses and the carrying value of assets and liabilities that are not readily apparent from other sources. Assumptions and estimates may, however, prove to have been incorrect, and actual results may differ from these estimates.</p>
CY2022Q2 us-gaap Net Investment In Lease After Allowance For Credit Loss Current
NetInvestmentInLeaseAfterAllowanceForCreditLossCurrent
2024000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
5370000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
9719000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
4095000 usd
CY2023 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1193000 usd
CY2022 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
423000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8526000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3672000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12553000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12367000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
251000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
283000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12804000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12650000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.3
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><b>Supplier Concentration</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The Company purchases laundry, dry cleaning equipment, boilers and other products from a number of manufacturers and suppliers. Purchases from three manufacturers accounted for a total of approximately 61% of the Company’s purchases for fiscal 2023 and 56% of the Company’s purchases for fiscal 2022.</p>
CY2023 us-gaap Advertising Expense
AdvertisingExpense
778000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
632000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsOther
0.50 pure
CY2022Q3 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
1200000 usd
CY2023 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
102000000 usd
CY2023Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
793000000 usd
CY2022Q1 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
179087 shares
CY2023 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
357353000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
299321000 usd
CY2023 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
10074000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
6850000 usd
CY2023 evi Revenue From Acquisitions Included In Consolidated Results Of Operations
RevenueFromAcquisitionsIncludedInConsolidatedResultsOfOperations
37800000 usd
CY2023 evi Net Income From Acquisitions Included In Consolidated Results Of Operations
NetIncomeFromAcquisitionsIncludedInConsolidatedResultsOfOperations
931000 usd
CY2022 evi Revenue From Acquisitions Included In Consolidated Results Of Operations
RevenueFromAcquisitionsIncludedInConsolidatedResultsOfOperations
9300000 usd
CY2022 evi Net Income From Acquisitions Included In Consolidated Results Of Operations
NetIncomeFromAcquisitionsIncludedInConsolidatedResultsOfOperations
134000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
50455000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
44620000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2064000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1606000 usd
CY2023Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
48391000 usd
CY2022Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
43014000 usd
CY2023Q2 us-gaap Other Receivables
OtherReceivables
775000 usd
CY2022Q2 us-gaap Other Receivables
OtherReceivables
1161000 usd
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
822000 usd
CY2022Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
2152000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
8547000 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
6018000 usd
CY2023 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
lease term expirations between 2023 and 2030.
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3329000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2571000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1904000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1019000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
637000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
804000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10264000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
683000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
9581000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3027000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6554000 usd
CY2023 us-gaap Lease Cost
LeaseCost
6917000 usd
CY2022 us-gaap Lease Cost
LeaseCost
2901000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0345 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032 pure
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
747000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
143000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
558000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3526000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
2612000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4403000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2658000 usd
CY2023Q2 us-gaap Sales Type Lease Unguaranteed Residual Asset
SalesTypeLeaseUnguaranteedResidualAsset
3000000 usd
CY2023Q2 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
9000000 usd
CY2022Q2 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
7700000 usd
CY2023Q2 us-gaap Sales Type Lease Net Investment In Lease Before Allowance For Credit Loss Current
SalesTypeLeaseNetInvestmentInLeaseBeforeAllowanceForCreditLossCurrent
1600000 usd
CY2022Q2 us-gaap Sales Type Lease Net Investment In Lease Before Allowance For Credit Loss Current
SalesTypeLeaseNetInvestmentInLeaseBeforeAllowanceForCreditLossCurrent
2000000 usd
CY2023Q2 us-gaap Sales Type Lease Net Investment In Lease Before Allowance For Credit Loss Noncurrent
SalesTypeLeaseNetInvestmentInLeaseBeforeAllowanceForCreditLossNoncurrent
7400000 usd
CY2022Q2 us-gaap Sales Type Lease Net Investment In Lease Before Allowance For Credit Loss Noncurrent
SalesTypeLeaseNetInvestmentInLeaseBeforeAllowanceForCreditLossNoncurrent
5700000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25095000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21664000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12142000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8631000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12953000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13033000 usd
CY2023 us-gaap Depreciation
Depreciation
3900000 usd
CY2022 us-gaap Depreciation
Depreciation
3300000 usd
CY2021Q2 us-gaap Goodwill
Goodwill
63881000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7134000 usd
CY2022 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
24000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
71039000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2246000 usd
CY2023 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
103000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
73388000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
35163000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
35163000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24128000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26234000 usd
CY2023 us-gaap Deposit Assets Amortizaton Expense From Expirations
DepositAssetsAmortizatonExpenseFromExpirations
2100000 usd
CY2022 us-gaap Deposit Assets Amortizaton Expense From Expirations
DepositAssetsAmortizatonExpenseFromExpirations
1900000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2106000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2102000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2101000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1778000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1256000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1780000 usd
CY2023Q2 evi Total Remaining Amortization Intangible Assets
TotalRemainingAmortizationIntangibleAssets
11123000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
26690000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
32632000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10080000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7601000 usd
CY2023Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1960000 usd
CY2022Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1793000 usd
CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
38730000 usd
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
42026000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3137000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1510000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
786000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
269000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3923000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1779000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
220000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-118000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
137000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-46000 usd
CY2023 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
357000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-164000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
4280000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1615000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 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
2940000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1198000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
251000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
35000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
23000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4280000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1615000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.306 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.283 pure
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
418000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
298000 usd
CY2023Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1074000 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
711000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1013000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
697000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1073000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
978000 usd
CY2023Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
116000 usd
CY2022Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
58000 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3694000 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2742000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
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CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
3850000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2104000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1855000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1472000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1544000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
195000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
159000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8717000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7408000 usd
CY2023 evi Deferred Net Tax Assets And Liabilities
DeferredNetTaxAssetsAndLiabilities
5023000 usd
CY2022 evi Deferred Net Tax Assets And Liabilities
DeferredNetTaxAssetsAndLiabilities
4666000 usd
CY2023Q2 us-gaap Long Term Line Of Credit
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35000000 usd
CY2022Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
28000000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
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131000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
160000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
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34869000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
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CY2023Q2 us-gaap Other Short Term Borrowings
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CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual Percent Past Due
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CY2023Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
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CY2023 evi Deferred Compensation Plans
DeferredCompensationPlans
0.50 pure
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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0.06 pure
CY2023 us-gaap Deferred Compensation Arrangement With Individual Requisite Service Period1
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P1Y
CY2023 us-gaap Defined Contribution Plan Cost Recognized
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493000000 usd
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1500000 shares
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3000000 shares
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CY2023 us-gaap Restricted Stock Expense
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CY2022Q2 us-gaap Shares Issued
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4800000
CY2022Q2 us-gaap Employee Stock Ownership Plan Esop Fair Value Of Shares Subject To Repurchase Obligation
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3800000 usd
CY2023Q2 evi Restricted Stock Shares
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10784 usd
CY2023Q2 evi Restricted Stock Units Shares
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6200 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
125000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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14485 shares
CY2022Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
87000 usd
CY2022 us-gaap Conversion Of Stock Shares Issued1
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3261 shares
CY2022Q2 us-gaap Collateral Already Posted Aggregate Fair Value
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118000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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10400000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P10Y4M24D
CY2023Q2 evi Common Stock Discount Rate On Shares
CommonStockDiscountRateOnShares
0.05 pure
CY2023 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023 dei Local Phone Number
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402-9300
CY2023 us-gaap Payments Of Debt Issuance Costs
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CY2018Q4 us-gaap Line Of Credit Facility Expiration Period
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P5Y
CY2023 us-gaap Line Of Credit Facility Expiration Period
LineOfCreditFacilityExpirationPeriod
P5Y
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0000065312

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