$GSHD
Goosehead Insurance, Inc.

2018 Q3 Form 10-Q Financial Statement

#000172697818000021 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q4 2017 Q3
Revenue $16.05M $11.13M $10.81M
YoY Change 48.55%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $13.05M
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $352.0K $580.0K $321.0K
YoY Change 9.66%
% of Gross Profit
Operating Expenses $13.40M $9.924M
YoY Change 35.04%
Operating Profit $2.653M $1.116M $883.0K
YoY Change 200.45%
Interest Expense $1.631M $674.0K
YoY Change 141.99%
% of Operating Profit 61.48% 76.33%
Other Income/Expense, Net -$22.00K $0.00
YoY Change
Pretax Income $1.000M $209.0K
YoY Change 378.47%
Income Tax $164.0K $0.00
% Of Pretax Income 16.4% 0.0%
Net Earnings $241.0K $376.0K $0.00
YoY Change
Net Earnings / Revenue 1.5% 3.38% 0.0%
Basic Earnings Per Share $0.02 -$0.66
Diluted Earnings Per Share $0.02
COMMON SHARES
Basic Shares Outstanding 13.53M shares
Diluted Shares Outstanding 14.61M shares

Balance Sheet

Concept 2018 Q3 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $18.07M $4.948M $3.920M
Short-Term Investments
Other Short-Term Assets $900.0K $0.00
YoY Change
Inventory
Prepaid Expenses $947.0K $521.0K
Receivables
Other Receivables
Total Short-Term Assets $21.94M $7.719M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $6.943M $6.845M
YoY Change
Goodwill
YoY Change
Intangibles $253.0K $216.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets $130.0K $565.0K
YoY Change
Total Long-Term Assets $9.256M $8.987M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $21.94M $7.719M
Total Long-Term Assets $9.256M $8.987M
Total Assets $31.20M $16.71M $14.34M
YoY Change 117.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.000M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue $550.0K $1.062M
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $2.250M $500.0K
YoY Change
Total Short-Term Liabilities $6.844M $5.767M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $46.64M $48.16M
YoY Change
Other Long-Term Liabilities $4.700M
YoY Change
Total Long-Term Liabilities $46.64M $48.16M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $6.844M $5.767M
Total Long-Term Liabilities $46.64M $48.16M
Total Liabilities $57.72M $57.84M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$6.668M $0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $82.95M -$41.13M
YoY Change
Total Liabilities & Shareholders Equity $31.20M $16.71M
YoY Change

Cashflow Statement

Concept 2018 Q3 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $241.0K $376.0K $0.00
YoY Change
Depreciation, Depletion And Amortization $352.0K $580.0K $321.0K
YoY Change 9.66%
Cash From Operating Activities $60.00K $6.060M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures -$400.0K -$5.480M
YoY Change
Acquisitions
YoY Change
Other Investing Activities $10.00K $280.0K
YoY Change
Cash From Investing Activities -$390.0K -$5.200M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -630.0K -3.590M
YoY Change
NET CHANGE
Cash From Operating Activities 60.00K 6.060M
Cash From Investing Activities -390.0K -5.200M
Cash From Financing Activities -630.0K -3.590M
Net Change In Cash -960.0K -2.730M
YoY Change
FREE CASH FLOW
Cash From Operating Activities $60.00K $6.060M
Capital Expenditures -$400.0K -$5.480M
Free Cash Flow $460.0K $11.54M
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5987000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001726978
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Goosehead Insurance, Inc.
dei Entity Small Business
EntitySmallBusiness
false
CY2017Q4 gshd Accounts Receivable Net Current Commissions And Agency Fees Receivable
AccountsReceivableNetCurrentCommissionsAndAgencyFeesReceivable
1268000 USD
CY2018Q3 gshd Accounts Receivable Net Current Commissions And Agency Fees Receivable
AccountsReceivableNetCurrentCommissionsAndAgencyFeesReceivable
1813000 USD
CY2017Q4 gshd Accounts Receivable Net Current Franchise Receivable
AccountsReceivableNetCurrentFranchiseReceivable
564000 USD
CY2018Q3 gshd Accounts Receivable Net Current Franchise Receivable
AccountsReceivableNetCurrentFranchiseReceivable
583000 USD
CY2017Q4 gshd Accounts Receivable Net Noncurrent Franchise Receivable
AccountsReceivableNetNoncurrentFranchiseReceivable
1361000 USD
CY2018Q3 gshd Accounts Receivable Net Noncurrent Franchise Receivable
AccountsReceivableNetNoncurrentFranchiseReceivable
1930000 USD
CY2018Q2 gshd Common Stock Conversion Of Existing Interests
CommonStockConversionOfExistingInterests
1
CY2018Q2 gshd Common Stock Conversion Of Existing Interests
CommonStockConversionOfExistingInterests
1
CY2018Q2 gshd Common Stock Number Of Classes
CommonStockNumberOfClasses
2 class
CY2018Q2 gshd Common Stock Vote Per Share
CommonStockVotePerShare
1 vote
CY2017Q3 gshd Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
2354000 USD
gshd Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
8445000 USD
CY2018Q3 gshd Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
3350000 USD
gshd Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
12446000 USD
gshd Effective Income Tax Reconciliation Other Permanent Differences Amount
EffectiveIncomeTaxReconciliationOtherPermanentDifferencesAmount
25000 USD
CY2017Q3 gshd Effective Income Tax Reconciliation Other Permanent Differences Amount
EffectiveIncomeTaxReconciliationOtherPermanentDifferencesAmount
0 USD
gshd Effective Income Tax Reconciliation Other Permanent Differences Amount
EffectiveIncomeTaxReconciliationOtherPermanentDifferencesAmount
0 USD
CY2018Q3 gshd Effective Income Tax Reconciliation Other Permanent Differences Amount
EffectiveIncomeTaxReconciliationOtherPermanentDifferencesAmount
11000 USD
CY2017Q3 gshd Employee Compensation And Benefits Excluding Sharebased Compensation
EmployeeCompensationAndBenefitsExcludingSharebasedCompensation
6036000 USD
gshd Employee Compensation And Benefits Excluding Sharebased Compensation
EmployeeCompensationAndBenefitsExcludingSharebasedCompensation
16294000 USD
CY2018Q3 gshd Employee Compensation And Benefits Excluding Sharebased Compensation
EmployeeCompensationAndBenefitsExcludingSharebasedCompensation
8611000 USD
gshd Employee Compensation And Benefits Excluding Sharebased Compensation
EmployeeCompensationAndBenefitsExcludingSharebasedCompensation
22908000 USD
CY2017Q3 gshd Income Loss Attributable To Parent Before Income Taxes
IncomeLossAttributableToParentBeforeIncomeTaxes
0 USD
gshd Income Loss Attributable To Parent Before Income Taxes
IncomeLossAttributableToParentBeforeIncomeTaxes
0 USD
CY2018Q3 gshd Income Loss Attributable To Parent Before Income Taxes
IncomeLossAttributableToParentBeforeIncomeTaxes
1000000 USD
gshd Income Loss Attributable To Parent Before Income Taxes
IncomeLossAttributableToParentBeforeIncomeTaxes
-23340000 USD
CY2018Q3 gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
627000 USD
gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
-10246000 USD
CY2017Q3 gshd Income Loss Before Reorganization Transactions Before Income Taxes
IncomeLossBeforeReorganizationTransactionsBeforeIncomeTaxes
-209000 USD
gshd Income Loss Before Reorganization Transactions Before Income Taxes
IncomeLossBeforeReorganizationTransactionsBeforeIncomeTaxes
-8300000 USD
CY2018Q3 gshd Income Loss Before Reorganization Transactions Before Income Taxes
IncomeLossBeforeReorganizationTransactionsBeforeIncomeTaxes
0 USD
gshd Income Loss Before Reorganization Transactions Before Income Taxes
IncomeLossBeforeReorganizationTransactionsBeforeIncomeTaxes
-4389000 USD
CY2018Q3 gshd Income Tax Expense Benefit Portion Attributable To Parent
IncomeTaxExpenseBenefitPortionAttributableToParent
132000 USD
gshd Income Tax Expense Benefit Portion Attributable To Parent
IncomeTaxExpenseBenefitPortionAttributableToParent
286000 USD
gshd Increase Decrease In Accounts Receivable Commissions And Agency Fees Receivable
IncreaseDecreaseInAccountsReceivableCommissionsAndAgencyFeesReceivable
550000 USD
gshd Increase Decrease In Accounts Receivable Commissions And Agency Fees Receivable
IncreaseDecreaseInAccountsReceivableCommissionsAndAgencyFeesReceivable
1200000 USD
gshd Increase Decrease In Accounts Receivable Franchise Receivable
IncreaseDecreaseInAccountsReceivableFranchiseReceivable
921000 USD
gshd Increase Decrease In Accounts Receivable Franchise Receivable
IncreaseDecreaseInAccountsReceivableFranchiseReceivable
934000 USD
gshd Increase Decrease In Deferred Rent Credit
IncreaseDecreaseInDeferredRentCredit
3405000 USD
gshd Increase Decrease In Deferred Rent Credit
IncreaseDecreaseInDeferredRentCredit
298000 USD
gshd Increase Decrease In Premiums Payable
IncreaseDecreaseInPremiumsPayable
146000 USD
gshd Increase Decrease In Premiums Payable
IncreaseDecreaseInPremiumsPayable
115000 USD
CY2018Q3 gshd Net Income Loss Before Income Taxes Attributable To Parent
NetIncomeLossBeforeIncomeTaxesAttributableToParent
373000 USD
gshd Net Income Loss Before Income Taxes Attributable To Parent
NetIncomeLossBeforeIncomeTaxesAttributableToParent
-8705000 USD
CY2018Q3 gshd Noncontrolling Interest Ownership Percentage
NoncontrollingInterestOwnershipPercentage
1
CY2017Q3 gshd Number Of Corporate Owned Locations
NumberOfCorporateOwnedLocations
6 location
CY2018Q3 gshd Number Of Corporate Owned Locations
NumberOfCorporateOwnedLocations
7 location
CY2017Q3 gshd Operating Expenses Excluding Depreciation Depletion And Amortization
OperatingExpensesExcludingDepreciationDepletionAndAmortization
8453000 USD
gshd Operating Expenses Excluding Depreciation Depletion And Amortization
OperatingExpensesExcludingDepreciationDepletionAndAmortization
23131000 USD
CY2018Q3 gshd Operating Expenses Excluding Depreciation Depletion And Amortization
OperatingExpensesExcludingDepreciationDepletionAndAmortization
12704000 USD
gshd Operating Expenses Excluding Depreciation Depletion And Amortization
OperatingExpensesExcludingDepreciationDepletionAndAmortization
32985000 USD
CY2018Q3 gshd Operating Leases Future Minimum Payments Due In Six To Twelve Years
OperatingLeasesFutureMinimumPaymentsDueInSixToTwelveYears
14043000 USD
CY2017Q4 gshd Premiums Payable Current
PremiumsPayableCurrent
418000 USD
CY2018Q3 gshd Premiums Payable Current
PremiumsPayableCurrent
533000 USD
gshd Stock Issued During Period Value Effects Of The Reorganization Transaction
StockIssuedDuringPeriodValueEffectsOfTheReorganizationTransaction
-113734000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2759000 USD
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3015000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
89259000 USD
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-89000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
604000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1150000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1335000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
345000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26738000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
-89000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
364000 USD
CY2017Q3 us-gaap Assets
Assets
14338000 USD
CY2017Q4 us-gaap Assets
Assets
16706000 USD
CY2018Q3 us-gaap Assets
Assets
31199000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
7719000 USD
CY2018Q3 us-gaap Assets Current
AssetsCurrent
21943000 USD
CY2017Q3 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.00
us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.17
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3778000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3920000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4948000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18067000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
142000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13119000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1062000 USD
CY2018Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
550000 USD
CY2018Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
39500000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-53000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0 USD
CY2018Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
36000 USD
CY2017Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
170000 USD
CY2018Q3 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
CY2017Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
478000 USD
CY2018Q3 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
496000 USD
CY2017Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
3916000 USD
CY2018Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4196000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2018Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
36000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
0 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
36000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
321000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
617000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
352000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1039000 USD
CY2017Q3 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.00
us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.16
us-gaap Dividends
Dividends
1278000 USD
us-gaap Dividends
Dividends
1645000 USD
CY2017Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
550000 USD
CY2018Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.66
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.66
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.66
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3500000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-22000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2142000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3694000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9093000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
209000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8300000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-18951000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
318000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
215000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4902000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-32000 USD
us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-3479000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2038000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2000 USD
CY2017Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
51000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
58000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
147000 USD
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
382000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
465000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
259000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
95000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-512000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
250000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-435000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
81000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
426000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
146000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
115000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
216000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
253000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
674000 USD
us-gaap Interest Expense
InterestExpense
1734000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
1631000 USD
us-gaap Interest Expense
InterestExpense
3598000 USD
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7186000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
17629000 USD
CY2018Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8956000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
49646000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
57839000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
57720000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16706000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31199000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5767000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6844000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2250000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
32500000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4000000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2500000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
500000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
48156000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
46644000 USD
CY2017Q4 us-gaap Members Equity
MembersEquity
-41133000 USD
CY2018Q3 us-gaap Members Equity
MembersEquity
0 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
-109474000 USD
CY2018Q3 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.627
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6754000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7043000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5180000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1298000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12076000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7374000 USD
us-gaap Net Income Loss
NetIncomeLoss
4389000 USD
us-gaap Net Income Loss
NetIncomeLoss
2355000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
0 USD
us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
241000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8991000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
209000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8300000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
595000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10278000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
241000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8991000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
9924000 USD
us-gaap Operating Expenses
OperatingExpenses
25083000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
13401000 USD
us-gaap Operating Expenses
OperatingExpenses
60762000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
883000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6493000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2653000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-15331000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
24084000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2551000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2683000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2588000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1888000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
331000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
565000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
130000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3541000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22000 USD
us-gaap Payments For Software
PaymentsForSoftware
170000 USD
us-gaap Payments For Software
PaymentsForSoftware
121000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
16415000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
79969000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5278000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1078000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
521000 USD
CY2018Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
947000 USD
CY2017Q3 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
14614000 shares
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
14522000 shares
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
86773000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
10000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
50000000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
294000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
16000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
209000 USD
us-gaap Profit Loss
ProfitLoss
8300000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
836000 USD
us-gaap Profit Loss
ProfitLoss
-19269000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6845000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6943000 USD
CY2017Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
275000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
850000 USD
CY2018Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
399000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
984000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
120000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
250000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50125000 USD
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
418000 USD
CY2018Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
533000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6668000 USD
CY2017Q3 us-gaap Revenues
Revenues
10807000 USD
us-gaap Revenues
Revenues
31576000 USD
CY2018Q3 us-gaap Revenues
Revenues
16054000 USD
us-gaap Revenues
Revenues
45431000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
26616000 USD
CY2017Q3 us-gaap Significant Changes Frachised Outlets In Operation
SignificantChangesFrachisedOutletsInOperation
267 franchise
CY2018Q3 us-gaap Significant Changes Frachised Outlets In Operation
SignificantChangesFrachisedOutletsInOperation
424 franchise
CY2017Q3 us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
CY2018Q3 us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
CY2017Q3 us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
33 franchise
CY2018Q3 us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
52 franchise
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
37238000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
124010000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-41133000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
82953000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-41133000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-26521000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-38022000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2017Q3 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
13533000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
13533000 shares
CY2018Q3 us-gaap Weighted Average General Partnership Units Outstanding
WeightedAverageGeneralPartnershipUnitsOutstanding
36280000 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1081000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14614000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13533000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13533000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13533000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Accordingly, actual results could differ from those estimates as more information becomes known.</font></div></div>

Files In Submission

Name View Source Status
0001726978-18-000021-index-headers.html Edgar Link pending
0001726978-18-000021-index.html Edgar Link pending
0001726978-18-000021.txt Edgar Link pending
0001726978-18-000021-xbrl.zip Edgar Link pending
exhibit31120180930.htm Edgar Link pending
exhibit31220180930.htm Edgar Link pending
exhibit3220180930.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gshd-09301810xq.htm Edgar Link pending
gshd-20180930.xml Edgar Link completed
gshd-20180930.xsd Edgar Link pending
gshd-20180930_cal.xml Edgar Link unprocessable
gshd-20180930_def.xml Edgar Link unprocessable
gshd-20180930_lab.xml Edgar Link unprocessable
gshd-20180930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending