2018 Q1 Form 10-Q Financial Statement
#000143774918009429 Filed on May 10, 2018
Income Statement
| Concept | 2018 Q1 | 2017 Q4 | 2017 Q1 |
|---|---|---|---|
| Revenue | $55.75M | $75.26M | $54.11M |
| YoY Change | 3.02% | 8.49% | 16.03% |
| Cost Of Revenue | $12.14M | $68.50M | $44.15M |
| YoY Change | -72.51% | 31.98% | 33.16% |
| Gross Profit | $37.51M | $6.807M | $6.130M |
| YoY Change | 511.86% | -61.13% | -44.54% |
| Gross Profit Margin | 67.28% | 9.04% | 11.33% |
| Selling, General & Admin | $1.800M | $1.800M | $1.900M |
| YoY Change | -5.26% | -14.29% | 5.56% |
| % of Gross Profit | 4.8% | 26.44% | 31.0% |
| Research & Development | $1.182M | $1.100M | $755.0K |
| YoY Change | 56.56% | 83.33% | 9.9% |
| % of Gross Profit | 3.15% | 16.16% | 12.32% |
| Depreciation & Amortization | $2.756M | $2.880M | $2.896M |
| YoY Change | -4.83% | 0.7% | 10.45% |
| % of Gross Profit | 7.35% | 42.31% | 47.24% |
| Operating Expenses | $2.940M | $2.900M | $2.655M |
| YoY Change | 10.73% | 7.41% | 5.19% |
| Operating Profit | $34.57M | $3.907M | $3.475M |
| YoY Change | 894.73% | -73.63% | -59.26% |
| Interest Expense | $43.00K | $1.900M | $43.00K |
| YoY Change | 0.0% | 72.73% | 0.0% |
| % of Operating Profit | 0.12% | 48.63% | 1.24% |
| Other Income/Expense, Net | -$2.420M | -$100.0K | $1.518M |
| YoY Change | -259.42% | 803.57% | |
| Pretax Income | $32.15M | $5.700M | $4.993M |
| YoY Change | 543.84% | -63.92% | -42.59% |
| Income Tax | -$3.679M | -$10.20M | $1.597M |
| % Of Pretax Income | -11.44% | -178.95% | 31.98% |
| Net Earnings | $35.83M | $15.95M | $3.396M |
| YoY Change | 954.95% | -14.63% | -67.87% |
| Net Earnings / Revenue | 64.27% | 21.19% | 6.28% |
| Basic Earnings Per Share | $0.82 | $0.36 | $0.08 |
| Diluted Earnings Per Share | $0.82 | $0.36 | $0.08 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 43.72M | 43.62M | |
| Diluted Shares Outstanding | 43.72M | 43.62M |
Balance Sheet
| Concept | 2018 Q1 | 2017 Q4 | 2017 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $225.0M | $222.0M | $202.8M |
| YoY Change | 10.96% | -25.91% | -8.09% |
| Cash & Equivalents | $135.4M | $114.6M | $94.69M |
| Short-Term Investments | $89.66M | $107.4M | $108.1M |
| Other Short-Term Assets | $1.247M | $387.0K | $677.0K |
| YoY Change | 84.19% | -42.15% | -63.76% |
| Inventory | $59.53M | $43.75M | $51.88M |
| Prepaid Expenses | $1.406M | $1.660M | $1.543M |
| Receivables | $62.84M | $21.97M | $19.85M |
| Other Receivables | $5.100M | $7.000M | $17.10M |
| Total Short-Term Assets | $365.1M | $310.4M | $305.4M |
| YoY Change | 19.57% | -23.42% | -16.94% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $107.4M | $109.7M | $116.0M |
| YoY Change | -7.46% | -7.12% | -5.26% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $1.408M | $1.408M | $1.408M |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $3.953M | $3.882M | $3.884M |
| YoY Change | 1.78% | 0.15% | 21.19% |
| Total Long-Term Assets | $112.9M | $115.2M | $121.6M |
| YoY Change | -7.18% | -6.91% | -4.63% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $365.1M | $310.4M | $305.4M |
| Total Long-Term Assets | $112.9M | $115.2M | $121.6M |
| Total Assets | $478.0M | $425.6M | $427.0M |
| YoY Change | 11.95% | -19.56% | -13.77% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $35.04M | $18.40M | $17.38M |
| YoY Change | 101.6% | -19.31% | -44.34% |
| Accrued Expenses | $7.468M | $2.468M | $3.870M |
| YoY Change | 92.97% | -6.05% | -12.28% |
| Deferred Revenue | $19.49M | $21.01M | |
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $58.82M | $35.28M | $37.97M |
| YoY Change | 54.92% | -75.51% | -15.11% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $1.122M | $1.115M | $3.349M |
| YoY Change | -66.5% | -66.47% | 171.39% |
| Total Long-Term Liabilities | $36.92M | $38.69M | $50.47M |
| YoY Change | -26.85% | -25.86% | 6.27% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $58.82M | $35.28M | $37.97M |
| Total Long-Term Liabilities | $36.92M | $38.69M | $50.47M |
| Total Liabilities | $95.74M | $73.97M | $88.44M |
| YoY Change | 8.26% | -62.31% | -4.1% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $100.1M | $61.20M | $51.58M |
| YoY Change | 94.11% | 27.01% | -57.36% |
| Common Stock | $4.000K | $4.000K | $4.000K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $382.3M | $351.6M | $338.6M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $478.0M | $425.6M | $427.0M |
| YoY Change | 11.95% | -19.56% | -13.77% |
Cashflow Statement
| Concept | 2018 Q1 | 2017 Q4 | 2017 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $35.83M | $15.95M | $3.396M |
| YoY Change | 954.95% | -14.63% | -67.87% |
| Depreciation, Depletion And Amortization | $2.756M | $2.880M | $2.896M |
| YoY Change | -4.83% | 0.7% | 10.45% |
| Cash From Operating Activities | $3.840M | $2.910M | $8.282M |
| YoY Change | -53.63% | -79.36% | 591.9% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $428.0K | -$970.0K | $898.0K |
| YoY Change | -52.34% | -30.22% | 0.11% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $19.98M | $2.040M | -$9.160M |
| YoY Change | -318.12% | -69.23% | 183.59% |
| Cash From Investing Activities | $19.55M | $1.070M | -$10.06M |
| YoY Change | -294.43% | -79.54% | 143.93% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | $2.624M | $102.8M | |
| YoY Change | -97.45% | 3819.67% | |
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -2.624M | -2.590M | -102.8M |
| YoY Change | -97.45% | 6.15% | 3556.22% |
| NET CHANGE | |||
| Cash From Operating Activities | 3.840M | 2.910M | 8.282M |
| Cash From Investing Activities | 19.55M | 1.070M | -10.06M |
| Cash From Financing Activities | -2.624M | -2.590M | -102.8M |
| Net Change In Cash | 20.77M | 1.390M | -104.6M |
| YoY Change | -119.86% | -91.77% | 1723.01% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $3.840M | $2.910M | $8.282M |
| Capital Expenditures | $428.0K | -$970.0K | $898.0K |
| Free Cash Flow | $3.412M | $3.880M | $7.384M |
| YoY Change | -53.79% | -74.95% | 2361.33% |
Facts In Submission
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|---|---|---|---|---|
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Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; min-width: 700px;"> <tr> <td style="width: 5.1%; vertical-align: top;"> <div style=" margin: 0pt 0.8pt 0pt 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16</div></div> <div style="display: inline; font-weight: bold;">)</div></div> </td> <td style="width: 94.9%; vertical-align: top;"> <div style=" margin: 0pt 0.8pt 0pt 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"> RECENTLY ISSUED ACCOUNTING STATEMENTS</div></div> </td> </tr> </table> <div style=" margin: 0pt 15pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <table border="0" cellpadding="0" cellspacing="0" style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; min-width: 700px;"> <tr> <td colspan="7" style="width: 100%; vertical-align: bottom;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The following table provides a brief description of recent Accounting Standard Updates ("ASU") issued by the FASB:</div> </td> </tr> <tr> <td style="width: 151.25px; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Standard</div></div> </td> <td style="width: 5.75px; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 35.4%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Description</div></div> </td> <td style="width: 0.6%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 12.1%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Effective Date</div></div> </td> <td style="width: 0.6%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 35.3%; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Effect on the Financial Statements or Other Significant Matters</div></div> </td> </tr> <tr style="background-color: rgb(204, 238, 255);"> <td style="width: 151.25px; vertical-align: top;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">In <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> February 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> Leases.</div> </td> <td style="width: 5.75px; vertical-align: top;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 35.4%; vertical-align: top; border-right-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-left-color: rgb(0, 0, 0); border-right-width: thin; border-bottom-width: 1px; border-left-width: thin; border-right-style: solid; border-bottom-style: none; border-left-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The new guidance supersedes the lease guidance under FASB ASC Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">840,</div> Leases, resulting in the creation of FASB ASC Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">842,</div> Leases. The guidance requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases.</div> </td> <td style="width: 0.6%; vertical-align: top;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 12.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: none;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">Annual periods beginning after <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> December 15, 2018. </div>Early adoption is permitted.</div> </td> <td style="width: 0.6%; vertical-align: top;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> </td> <td style="width: 35.3%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-left-color: rgb(0, 0, 0); border-bottom-width: 1px; border-left-width: thin; border-bottom-style: none; border-left-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The Company is currently evaluating its population of leases, and is continuing to assess all potential impacts of the standard, but currently believes the most significant impact relates to its accounting for logistics equipment. The Company anticipates recognition of additional assets and corresponding liabilities related to leases upon adoption. The Company plans to adopt the standard effective <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> January 1, 2019.</div></div> </td> </tr> <tr style="background-color: rgb(255, 255, 255);"> <td style="width: 151.25px; vertical-align: top;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">In <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> February 2018, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> Income Statement-Reporting Comprehensive Income.</div> </td> <td style="width: 5.75px; vertical-align: top;"> </td> <td style="width: 35.4%; vertical-align: top; border-right-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-left-color: rgb(0, 0, 0); border-right-width: thin; border-bottom-width: 1px; border-left-width: thin; border-right-style: solid; border-bottom-style: none; border-left-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The amendments in this Update allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act passed by congress on <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> December 22, 2017 </div>and certain disclosures related to those stranded tax effects.</div> </td> <td style="width: 0.6%; vertical-align: top;"> </td> <td style="width: 12.1%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: none;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">Annual periods beginning after <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> December 15, 2018. </div>Early adoption is permitted.</div> </td> <td style="width: 0.6%; vertical-align: top;"> </td> <td style="width: 35.3%; vertical-align: top; border-bottom-color: rgb(0, 0, 0); border-left-color: rgb(0, 0, 0); border-bottom-width: 1px; border-left-width: thin; border-bottom-style: none; border-left-style: solid;"> <div style=" margin: 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The Company is currently evaluating the impact of this standard. The Company plans to adopt the standard on or before <div style="display: inline; font-style: italic; font-style: normal; font-weight: inherit;"> January 1, 2019.</div></div> </td> </tr> </table> <div style=" margin: 0pt 15pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"></div></div> | |
| CY2018Q1 | us-gaap |
Distributed Earnings
DistributedEarnings
|
||
| CY2017Q1 | us-gaap |
Distributed Earnings
DistributedEarnings
|
||
| CY2018Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
7874000 | |
| CY2017Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
10498000 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
| CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
| CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
| CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.065 | |
| CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.32 | |
| CY2018Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
5162000 | |
| CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
976000 | |
| CY2018Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1661000 | |
| CY2017Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
46000 | |
| CY2018Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-5000 | |
| CY2017Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-31000 | |
| CY2018Q1 | us-gaap |
Gross Profit
GrossProfit
|
37507000 | |
| CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
6130000 | |
| CY2018Q1 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
286000 | |
| CY2017Q1 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
177000 | |
| CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
37891000 | |
| CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4993000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
15764000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-218000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
||
| CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2463000 | |
| CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1597000 | |
| CY2018Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
||
| CY2017Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1000 | |
| CY2018Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
5143000 | |
| CY2017Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
6937000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
16644000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-5418000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
1394000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
371000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
40867000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-4511000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
2077000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
2251000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-25000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-13000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
5000000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1385000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-208000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-451000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-1794000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-3406000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
94000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
68000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
8000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-254000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-151000 | |
| CY2018Q1 | us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
-901000 | |
| CY2017Q1 | us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
1223000 | |
| CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
5524 | |
| CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6207 | |
| CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1408000 | |
| CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1408000 | |
| CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
43000 | |
| CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
43000 | |
| CY2018Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
7000 | |
| CY2017Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
6000 | |
| CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
||
| CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
||
| CY2018Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
25947000 | |
| CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
22998000 | |
| CY2018Q1 | us-gaap |
Inventory Gross
InventoryGross
|
67316000 | |
| CY2017Q4 | us-gaap |
Inventory Gross
InventoryGross
|
51876000 | |
| CY2018Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
7791000 | |
| CY2017Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
8122000 | |
| CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
59525000 | |
| CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
43754000 | |
| CY2018Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
39727000 | |
| CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
27143000 | |
| CY2018Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1642000 | |
| CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1735000 | |
| CY2018Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | |
| CY2017Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
955000 | |
| CY2018Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
1992000 | |
| CY2017Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
1723000 | |
| CY2018Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
3367000 | |
| CY2017Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
1723000 | |
| CY2018Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1275000 | |
| CY2017Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1264000 | |
| CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
95738000 | |
| CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
73967000 | |
| CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
478031000 | |
| CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
425563000 | |
| CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
58817000 | |
| CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
35281000 | |
| CY2018Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
36921000 | |
| CY2017Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
38686000 | |
| CY2018Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
89655000 | |
| CY2017Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
107357000 | |
| CY2018Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
97179000 | |
| CY2017Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
120699000 | |
| CY2018Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1375000 | |
| CY2017Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
-131000 | |
| CY2018Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table border="0" cellpadding="0" cellspacing="0" style="; text-indent: 0px; font-family: "Times New Roman", Times, serif; font-size: 10pt; min-width: 700px;"> <tr> <td style="width: 4.5%; vertical-align: top;"> <div style=" margin: 0pt 0.8pt 0pt 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div></div> <div style="display: inline; font-weight: bold;">)</div></div> </td> <td style="width: 95.4%; vertical-align: top;"> <div style=" margin: 0pt 0.8pt 0pt 0pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">NATURE OF OPERATIONS AND BASIS OF PRESENTATION</div></div> </td> </tr> </table> <div style=" margin: 0pt 15pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">Organization</div></div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;">FutureFuel Corp. (“FutureFuel”), through its wholly-owned subsidiary, FutureFuel Chemical Company (“FutureFuel Chemical”), owns and operates a chemical production facility located on approximately <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,200</div> acres of land <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">six</div> miles southeast of Batesville in north central Arkansas fronting the White River (the “Batesville Plant”). FutureFuel Chemical manufactures diversified chemical products, biobased products comprised of biofuels, and biobased specialty chemical products. FutureFuel Chemical’s operations are reported in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> segments: chemicals and biofuels.</div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The chemicals segment manufactures a diversified portfolio of chemical products that are sold to <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> party customers. The majority of the revenues from the chemicals segment are derived from the custom manufacturing of specialty chemicals for specific customers.</div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The biofuels business segment primarily produces and sells biodiesel. FutureFuel Chemical also sells petrodiesel in blends with the company’s biodiesel and, from time to time, with <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> biodiesel added. Finally, FutureFuel Chemical is a shipper of refined petroleum products on common carrier pipelines and buys and sells petroleum products to maintain an active shipper status on these pipelines.</div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">Basis</div> <div style="display: inline; font-style: italic;">of</div> <div style="display: inline; font-style: italic;">Presentation</div></div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;">The accompanying unaudited consolidated financial statements have been prepared by FutureFuel in accordance and consistent with the accounting policies stated in FutureFuel’s <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> audited consolidated financial statements and should be read in conjunction with the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> audited consolidated financial statements of FutureFuel.</div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </div> <div style=" margin: 0pt 15pt 0pt 51pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;">In the opinion of FutureFuel, all normal recurring adjustments necessary for a fair presentation have been included in the unaudited consolidated financial statements. The unaudited consolidated financial statements have been prepared in compliance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with instructions to Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> include all the information and footnotes required by GAAP for complete financial statements, and do include amounts that are based upon management estimates and judgments. Future actual results could differ from such current estimates. The unaudited consolidated financial statements include assets, liabilities, revenues, and expenses of FutureFuel and its wholly owned subsidiaries; namely, FutureFuel Chemical, FFC Grain, L.L.C., FutureFuel Warehouse Company, L.L.C., and Legacy Regional Transport, L.L.C. Intercompany transactions and balances have been eliminated in consolidation.</div></div> | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2624000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-102813000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
19550000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10055000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3840000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8282000 | |
| CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
40354000 | |
| CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3396000 | |
| CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3324000 | |
| CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1518000 | |
| CY2018Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
| CY2018Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
| CY2018Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2940000 | |
| CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2655000 | |
| CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
34567000 | |
| CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3475000 | |
| CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
385000 | |
| CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
105000 | |
| CY2018Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1247000 | |
| CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
387000 | |
| CY2018Q1 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
97179000 | |
| CY2017Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
120699000 | |
| CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3953000 | |
| CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3882000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-131000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-85000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-46000 | |
| CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-5818000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
2886000 | |
| CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-4586000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1875000 | |
| CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-1232000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
1011000 | |
| CY2018Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
410000 | |
| CY2017Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
580000 | |
| CY2018Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1122000 | |
| CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1115000 | |
| CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
||
| CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-31000 | |
| CY2018Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-43000 | |
| CY2017Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-205000 | |
| CY2018Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
40331000 | |
| CY2017Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
3386000 | |
| CY2018Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
40331000 | |
| CY2017Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
3386000 | |
| CY2018Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2624000 | |
| CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
102813000 | |
| CY2015Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1408000 | |
| CY2018Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
5844000 | |
| CY2017Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
15818000 | |
| CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
428000 | |
| CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
898000 | |
| CY2018Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2018Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2018Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2018Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2018Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2018Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1406000 | |
| CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1660000 | |
| CY2018Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
24921000 | |
| CY2017Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
7884000 | |
| CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
107395000 | |
| CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
109735000 | |
| CY2017Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
56000 | |
| CY2018Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
73000 | |
| CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1182000 | |
| CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
755000 | |
| CY2018Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1759000 | |
| CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2660000 | |
| CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
96371000 | |
| CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
61195000 | |
| CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
55747000 | |
| CY2017Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
54111000 | |
| CY2018Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
19493000 | |
| CY2018Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.27 | |
| CY2018Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.73 | |
| CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
107000 | |
| CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
477000 | |
| CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
382293000 | |
| CY2017Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
10000 | |
| CY2018Q1 | us-gaap |
Unrealized Gain On Securities
UnrealizedGainOnSecurities
|
8393000 | |
| CY2017 | us-gaap |
Unrealized Gain On Securities
UnrealizedGainOnSecurities
|
14073000 | |
| CY2018Q1 | us-gaap |
Unrealized Loss On Securities
UnrealizedLossOnSecurities
|
869000 | |
| CY2017 | us-gaap |
Unrealized Loss On Securities
UnrealizedLossOnSecurities
|
731000 | |
| CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
| CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
351596000 | |
| CY2018Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
23000 | |
| CY2017Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
10000 | |
| CY2018Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
23000 | |
| CY2018Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
| CY2018Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
| CY2017Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43722194 | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43622843 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43716670 | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43616636 |
