$GNK
GENCO SHIPPING & TRADING LTD

2020 Q2 Form 10-Q Financial Statement

#000155837020009428 Filed on August 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $74.21M $83.55M
YoY Change -11.18% -3.07%
Cost Of Revenue $64.20M $71.00M
YoY Change -9.58% 41.43%
Gross Profit $10.00M $12.50M
YoY Change -20.0% -65.18%
Gross Profit Margin 13.48% 14.96%
Selling, General & Admin $7.200M $7.700M
YoY Change -6.49% -9.41%
% of Gross Profit 72.0% 61.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.93M $18.27M
YoY Change -12.81% 11.41%
% of Gross Profit 159.3% 146.17%
Operating Expenses $23.10M $26.00M
YoY Change -11.15% 4.42%
Operating Profit -$13.10M -$27.31M
YoY Change -52.02% -348.26%
Interest Expense $5.473M $8.124M
YoY Change -32.63% -206.89%
% of Operating Profit
Other Income/Expense, Net -$5.100M -$7.167M
YoY Change -28.84% -7267.0%
Pretax Income -$18.20M -$34.50M
YoY Change -47.25% 3036.36%
Income Tax
% Of Pretax Income
Net Earnings -$18.20M -$34.48M
YoY Change -47.2% 3034.18%
Net Earnings / Revenue -24.53% -41.26%
Basic Earnings Per Share -$0.43 -$0.83
Diluted Earnings Per Share -$0.43 -$0.83
COMMON SHARES
Basic Shares Outstanding 41.90M 41.74M
Diluted Shares Outstanding 41.90M 41.74M

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $127.7M $165.1M
YoY Change -22.65% -38.85%
Cash & Equivalents $127.7M $165.4M
Short-Term Investments
Other Short-Term Assets $46.80M $7.900M
YoY Change 492.41% -37.8%
Inventory $23.03M $30.00M
Prepaid Expenses
Receivables $13.37M $15.70M
Other Receivables $0.00 $700.0K
Total Short-Term Assets $210.9M $219.4M
YoY Change -3.86% -31.93%
LONG-TERM ASSETS
Property, Plant & Equipment $7.215M $1.333B
YoY Change -99.46% 13.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.50M $11.90M
YoY Change 63.87% -3.25%
Total Long-Term Assets $1.144B $1.345B
YoY Change -14.97% 13.43%
TOTAL ASSETS
Total Short-Term Assets $210.9M $219.4M
Total Long-Term Assets $1.144B $1.345B
Total Assets $1.355B $1.564B
YoY Change -13.41% 3.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.21M $13.30M
YoY Change -15.74% 23.15%
Accrued Expenses $14.60M $21.40M
YoY Change -31.78% 37.18%
Deferred Revenue $4.368M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $79.52M $65.60M
YoY Change 21.22% 45.78%
Total Short-Term Liabilities $109.7M $108.7M
YoY Change 0.9% 39.72%
LONG-TERM LIABILITIES
Long-Term Debt $403.3M $433.0M
YoY Change -6.86% 7.68%
Other Long-Term Liabilities $9.000M $10.70M
YoY Change -15.89%
Total Long-Term Liabilities $412.3M $443.7M
YoY Change -7.09% 10.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.7M $108.7M
Total Long-Term Liabilities $412.3M $443.7M
Total Liabilities $521.9M $552.4M
YoY Change -5.51% 15.11%
SHAREHOLDERS EQUITY
Retained Earnings -$881.8M
YoY Change
Common Stock $1.714B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $832.6M $1.012B
YoY Change
Total Liabilities & Shareholders Equity $1.355B $1.564B
YoY Change -13.41% 3.73%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$18.20M -$34.48M
YoY Change -47.2% 3034.18%
Depreciation, Depletion And Amortization $15.93M $18.27M
YoY Change -12.81% 11.41%
Cash From Operating Activities -$5.000M $3.200M
YoY Change -256.25% -79.35%
INVESTING ACTIVITIES
Capital Expenditures -$6.700M -$10.10M
YoY Change -33.66% 910.0%
Acquisitions
YoY Change
Other Investing Activities $500.0K $500.0K
YoY Change 0.0% -66.67%
Cash From Investing Activities -$6.200M -$9.600M
YoY Change -35.42% -2020.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.500M -21.20M
YoY Change -121.23% -139.85%
NET CHANGE
Cash From Operating Activities -5.000M 3.200M
Cash From Investing Activities -6.200M -9.600M
Cash From Financing Activities 4.500M -21.20M
Net Change In Cash -6.700M -27.60M
YoY Change -75.72% -139.88%
FREE CASH FLOW
Cash From Operating Activities -$5.000M $3.200M
Capital Expenditures -$6.700M -$10.10M
Free Cash Flow $1.700M $13.30M
YoY Change -87.22% -19.39%

Facts In Submission

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StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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StockholdersEquity
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StockholdersEquity
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ProfitLoss
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ProfitLoss
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DepreciationDepletionAndAmortization
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DepreciationDepletionAndAmortization
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AmortizationOfFinancingCosts
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AmortizationOfFinancingCosts
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NoncashOperatingLeaseExpense
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NoncashOperatingLeaseExpense
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
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gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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gnk Proceeds From Insurance Protection And Indemnity Claims
ProceedsFromInsuranceProtectionAndIndemnityClaims
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gnk Proceeds From Insurance Protection And Indemnity Claims
ProceedsFromInsuranceProtectionAndIndemnityClaims
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ProceedsFromInsuranceForLossOfHireClaims
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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IncreaseDecreaseInAccountsReceivable
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IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
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IncreaseDecreaseInContractWithCustomerLiability
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gnk Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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gnk Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
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gnk Deferred Drydock Costs Incurred
DeferredDrydockCostsIncurred
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gnk Deferred Drydock Costs Incurred
DeferredDrydockCostsIncurred
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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gnk Payments To Acquire Vessels And Ballast Water Treatment Systems And Other Deposits
PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits
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gnk Payments To Acquire Vessels And Ballast Water Treatment Systems And Other Deposits
PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits
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gnk Payments To Acquire Scrubbers
PaymentsToAcquireScrubbers
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gnk Payments To Acquire Scrubbers
PaymentsToAcquireScrubbers
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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gnk Proceeds From Sale Of Vessel Assets Net
ProceedsFromSaleOfVesselAssetsNet
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gnk Proceeds From Sale Of Vessel Assets Net
ProceedsFromSaleOfVesselAssetsNet
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gnk Proceeds From Insurance For Hull And Machinery Claims
ProceedsFromInsuranceForHullAndMachineryClaims
484000
gnk Proceeds From Insurance For Hull And Machinery Claims
ProceedsFromInsuranceForHullAndMachineryClaims
612000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9760000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162249000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202761000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142892000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
165436000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;padding-left:50.4pt;text-indent:-50.4pt;margin:0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">1 - GENERAL INFORMATION</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;padding-left:50.4pt;text-indent:-50.4pt;margin:0pt;"><span style="font-size:5pt;line-height:1.31;margin-bottom:6pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">The accompanying condensed consolidated financial statements include the accounts of Genco Shipping &amp; Trading Limited (“GS&amp;T”) and its direct and indirect wholly-owned subsidiaries (collectively, the “Company”). The Company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership and operation of drybulk carrier vessels and operates in one business segment. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="line-height:1.31;margin-bottom:6pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">At June 30, 2020, the Company’s fleet consists of 53 drybulk vessels, including 17 Capesize drybulk carriers, six Ultramax drybulk carriers, 20 Supramax drybulk carriers and 10 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 4,837,000 dwt and an average age of approximately 10.0 years.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="line-height:1.31;margin-bottom:6pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">In March 2020, the World Health Organization declared the outbreak of a novel coronavirus strain, or COVID-19, to be a pandemic. The COVID-19 pandemic is having widespread, rapidly evolving, and unpredictable impacts on global society, economies, financial markets, and business practices. Governments have implemented measures in an effort to contain the virus, including social distancing, travel restrictions, border closures, limitations on public gatherings, working from home, supply chain logistical changes, and closure of non-essential businesses. This has led to a significant slowdown in overall economic activity levels globally and a decline in demand for certain of the raw materials that our vessels transport. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:9pt;line-height:1.31;margin-bottom:6pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">At present, it is not possible to ascertain the overall impact of COVID-19 on the Company’s operational and financial performance, which may take some time to materialize and may not be fully reflected in the results for 2020.  However, an increase in the severity or duration or a resurgence of the COVID-19 pandemic could have a material adverse effect on the Company’s business, results of operations, cash flows, financial condition, the carrying value of the Company’s assets, the fair values of the Company’s vessels, and the Company’s ability to pay dividends. </p>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41734248
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41900901
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41742301
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41883629
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41734248
us-gaap Interest Paid Net
InterestPaidNet
10457000
us-gaap Interest Paid Net
InterestPaidNet
14946000
us-gaap Income Taxes Paid
IncomeTaxesPaid
0
us-gaap Income Taxes Paid
IncomeTaxesPaid
0
gnk Noncash Or Part Noncash Reclassification From Vessels To Vessels Held For Sale
NoncashOrPartNoncashReclassificationFromVesselsToVesselsHeldForSale
23252000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127722000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6045000
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
315000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
315000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142892000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162249000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41900901
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41742301
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41883629
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41734248
CY2020Q2 gnk Net Gain Loss On Purchase And Sale Of Bunker Fuel And Lower Cost And Net Realizable Value Adjustments
NetGainLossOnPurchaseAndSaleOfBunkerFuelAndLowerCostAndNetRealizableValueAdjustments
-958000
CY2019Q2 gnk Net Gain Loss On Purchase And Sale Of Bunker Fuel And Lower Cost And Net Realizable Value Adjustments
NetGainLossOnPurchaseAndSaleOfBunkerFuelAndLowerCostAndNetRealizableValueAdjustments
113000
gnk Net Gain Loss On Purchase And Sale Of Bunker Fuel And Lower Cost And Net Realizable Value Adjustments
NetGainLossOnPurchaseAndSaleOfBunkerFuelAndLowerCostAndNetRealizableValueAdjustments
-1800000
gnk Net Gain Loss On Purchase And Sale Of Bunker Fuel And Lower Cost And Net Realizable Value Adjustments
NetGainLossOnPurchaseAndSaleOfBunkerFuelAndLowerCostAndNetRealizableValueAdjustments
-237000
CY2020Q2 gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
0
CY2019Q2 gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
13897000
gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
112814000
gnk Vessel Asset Impairment Charges
VesselAssetImpairmentCharges
13897000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-486000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
611000
CY2019Q2 gnk Number Of Vessels Sold
NumberOfVesselsSold
0
CY2020Q2 gnk Number Of Vessels Sold
NumberOfVesselsSold
0
us-gaap Operating Lease Payments
OperatingLeasePayments
1115000
us-gaap Operating Lease Payments
OperatingLeasePayments
1115000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41900901
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41742301
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41883629
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
494474000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
495824000
CY2020Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
11648000
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
13094000
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
79522000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
69747000
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
403304000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
412983000
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
494474000
CY2020Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
11648000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
495824000
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
13094000
CY2020Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
11648000
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
13094000
CY2020Q2 us-gaap Lease Practical Expedient Lessor Single Lease Component
LeasePracticalExpedientLessorSingleLeaseComponent
true
CY2020Q2 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0362
CY2019Q2 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0543
us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0422
us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0550
us-gaap Sublease Income
SubleaseIncome
0
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
0
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
11206000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
26040000
CY2020Q2 gnk Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
2849000
CY2019Q4 gnk Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
4105000
CY2020Q2 gnk Accrued Vessel Operating Expenses Current
AccruedVesselOperatingExpensesCurrent
10016000
CY2019Q4 gnk Accrued Vessel Operating Expenses Current
AccruedVesselOperatingExpensesCurrent
19459000
CY2020Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
24071000
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
49604000
CY2020Q2 us-gaap Lease Income
LeaseIncome
11983000
CY2019Q2 us-gaap Lease Income
LeaseIncome
25852000
us-gaap Lease Income
LeaseIncome
31134000
us-gaap Lease Income
LeaseIncome
49242000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62223000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
57698000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
141408000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
127772000
CY2020Q2 us-gaap Revenues
Revenues
74206000
CY2019Q2 us-gaap Revenues
Revenues
83550000
us-gaap Revenues
Revenues
172542000
us-gaap Revenues
Revenues
177014000
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
306000
us-gaap Sublease Income
SubleaseIncome
612000

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