2023 Q2 Form 10-Q Financial Statement

#000168087323000018 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $292.3M $293.9M $278.2M
YoY Change -2.45% 5.62% 74.56%
Cost Of Revenue $241.6M $243.7M $227.5M
YoY Change -2.2% 7.12% 75.06%
Gross Profit $50.67M $50.17M $50.73M
YoY Change -3.62% -1.09% 72.37%
Gross Profit Margin 17.33% 17.07% 18.23%
Selling, General & Admin $52.24M $52.93M $40.41M
YoY Change 13.96% 30.99% 43.66%
% of Gross Profit 103.11% 105.5% 79.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.400M $6.689M $5.779M
YoY Change 9.09% 15.75% 26.88%
% of Gross Profit 4.74% 13.33% 11.39%
Operating Expenses $52.24M $52.93M $40.41M
YoY Change 13.96% 30.99% 43.66%
Operating Profit -$1.577M -$2.757M $10.32M
YoY Change -123.44% -126.72% 692.49%
Interest Expense $2.847M $2.868M $1.278M
YoY Change 83.8% 124.41% 82.57%
% of Operating Profit 12.38%
Other Income/Expense, Net $226.0K -$5.266M -$6.075M
YoY Change -119.89% -13.32% -638.42%
Pretax Income -$1.351M -$8.023M $4.244M
YoY Change -124.16% -289.04% 74.62%
Income Tax $209.0K -$2.226M $1.104M
% Of Pretax Income 26.01%
Net Earnings -$850.0K -$5.933M $3.114M
YoY Change -118.62% -290.53% 104.47%
Net Earnings / Revenue -0.29% -2.02% 1.12%
Basic Earnings Per Share -$0.02 -$0.11 $0.06
Diluted Earnings Per Share -$0.02 -$0.11 $0.06
COMMON SHARES
Basic Shares Outstanding 54.09M shares 53.71M shares 53.71M shares
Diluted Shares Outstanding 54.05M shares 53.82M shares 53.88M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.95M $17.48M $16.43M
YoY Change -20.58% 6.4% 45.36%
Cash & Equivalents $14.95M $17.48M $16.43M
Short-Term Investments
Other Short-Term Assets $12.48M $7.699M $8.388M
YoY Change 24.37% -8.21% 55.69%
Inventory $111.1M $110.5M $114.8M
Prepaid Expenses
Receivables $46.19M $43.10M $43.32M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $184.7M $179.4M $183.8M
YoY Change -8.86% -2.42% 76.84%
LONG-TERM ASSETS
Property, Plant & Equipment $149.1M $152.3M $159.7M
YoY Change -4.45% -4.63% 5.04%
Goodwill $85.10M $85.10M $80.30M
YoY Change -0.02% 5.98% 17.21%
Intangibles
YoY Change
Long-Term Investments $2.414M $2.666M $2.685M
YoY Change -11.64% -0.71% 11.53%
Other Assets $4.860M $3.944M $1.761M
YoY Change 92.55% 123.96% 125.07%
Total Long-Term Assets $427.4M $434.0M $436.3M
YoY Change -4.73% -0.51% 11.59%
TOTAL ASSETS
Total Short-Term Assets $184.7M $179.4M $183.8M
Total Long-Term Assets $427.4M $434.0M $436.3M
Total Assets $612.1M $613.4M $620.1M
YoY Change -6.01% -1.08% 25.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.72M $57.84M $57.22M
YoY Change -2.43% 1.09% 56.75%
Accrued Expenses $19.76M $16.41M $15.36M
YoY Change 58.78% 6.84% 108.57%
Deferred Revenue
YoY Change
Short-Term Debt $42.17M $44.46M $68.45M
YoY Change -29.73% -35.05% 155.41%
Long-Term Debt Due $5.936M $6.031M $5.339M
YoY Change -10.58% 12.96% -9.49%
Total Short-Term Liabilities $150.0M $145.3M $171.9M
YoY Change -8.75% -15.45% 116.83%
LONG-TERM LIABILITIES
Long-Term Debt $112.6M $114.0M $80.25M
YoY Change -4.97% 42.11% -7.26%
Other Long-Term Liabilities $5.337M $8.038M $15.23M
YoY Change -67.11% -47.22% -1.74%
Total Long-Term Liabilities $118.0M $122.1M $80.25M
YoY Change -0.46% 52.12% -7.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $150.0M $145.3M $171.9M
Total Long-Term Liabilities $118.0M $122.1M $80.25M
Total Liabilities $321.5M $321.9M $320.9M
YoY Change -7.48% 0.29% 40.57%
SHAREHOLDERS EQUITY
Retained Earnings -$313.3M -$312.4M -$303.2M
YoY Change 4.92% 3.06% -6.9%
Common Stock $5.000K $5.000K $5.000K
YoY Change 0.0% 0.0% -3.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $286.7M $286.9M $294.4M
YoY Change
Total Liabilities & Shareholders Equity $612.1M $613.4M $620.1M
YoY Change -6.01% -1.08% 23.81%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$850.0K -$5.933M $3.114M
YoY Change -118.62% -290.53% 104.47%
Depreciation, Depletion And Amortization $2.400M $6.689M $5.779M
YoY Change 9.09% 15.75% 26.88%
Cash From Operating Activities -$3.838M $12.57M $10.11M
YoY Change -208.27% 24.3% -4.3%
INVESTING ACTIVITIES
Capital Expenditures $893.0K $629.0K $2.672M
YoY Change -34.14% -76.46% 496.2%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$17.26M
YoY Change -100.0% -100.0% -172700.0%
Cash From Investing Activities -$893.0K -$629.0K -$19.93M
YoY Change -96.89% -96.84% 4428.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.642M $1.475M
YoY Change 11.32% -0.16%
Cash From Financing Activities 2.200M -$18.75M $11.45M
YoY Change -92.02% -263.74% -235.47%
NET CHANGE
Cash From Operating Activities -3.838M $12.57M $10.11M
Cash From Investing Activities -893.0K -$629.0K -$19.93M
Cash From Financing Activities 2.200M -$18.75M $11.45M
Net Change In Cash -2.531M -$6.812M $1.634M
YoY Change -205.81% -516.89% -2.31%
FREE CASH FLOW
Cash From Operating Activities -$3.838M $12.57M $10.11M
Capital Expenditures $893.0K $629.0K $2.672M
Free Cash Flow -$4.731M $11.94M $7.441M
YoY Change -316.13% 60.48% -26.47%

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CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
290000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
965000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
737000 usd
CY2023Q1 hffg Lease Guarantee Expense
LeaseGuaranteeExpense
-120000 usd
CY2022Q1 hffg Lease Guarantee Expense
LeaseGuaranteeExpense
5931000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-93000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1034000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7026000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
416000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
669000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9822000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12070000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1238000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2758000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
829000 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-268000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2327000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16805000 usd
CY2023Q1 hffg Increase Decrease In Related Party Accounts Payable
IncreaseDecreaseInRelatedPartyAccountsPayable
-776000 usd
CY2022Q1 hffg Increase Decrease In Related Party Accounts Payable
IncreaseDecreaseInRelatedPartyAccountsPayable
-309000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-961000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-715000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3274000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3299000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12570000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10113000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
629000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2672000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
79000 usd
CY2023Q1 us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
0 usd
CY2022Q1 us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
17339000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-629000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19932000 usd
CY2023Q1 hffg Checks Issued Not Presented For Payment
ChecksIssuedNotPresentedForPayment
-7852000 usd
CY2022Q1 hffg Checks Issued Not Presented For Payment
ChecksIssuedNotPresentedForPayment
679000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
298195000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
281616000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
306808000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
268298000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1642000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1475000 usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
604000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
646000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
616000 usd
CY2023Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
CY2022Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
240000 usd
CY2023Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 usd
CY2022Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
89000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18753000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11453000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6812000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1634000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24289000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14792000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17477000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16426000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
2644000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
927000 usd
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
96000 usd
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
382000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
79000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1483000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
643000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
815000 usd
CY2023Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
CY2022Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
566000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
294989000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
3140000 usd
CY2022Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
806000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
89000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
290000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
298446000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
296249000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-5797000 usd
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
34000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1096000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291514000 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q1 us-gaap Minority Interest
MinorityInterest
4572000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
4436000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Uses of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include, but are not limited to, allowance for expected credit losses, inventory reserves, useful lives of property and equipment, lease assumptions, impairment of long-lived assets, impairment of long-term investments, impairment of goodwill, the purchase price allocation and fair value of assets and liabilities acquired with respect to business combinations, realization of deferred tax assets, uncertain income tax positions, the liability for self-insurance and stock-based compensation.</span></div>
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
293855000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
278215000 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
44570000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
45628000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1475000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1442000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
43095000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
44186000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1442000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
840000 usd
CY2023Q1 hffg Financing Receivable Adjustment For Adoption Of Credit Expected Credit Losses Cecl
FinancingReceivableAdjustmentForAdoptionOfCreditExpectedCreditLossesCECL
0 usd
CY2022Q1 hffg Financing Receivable Adjustment For Adoption Of Credit Expected Credit Losses Cecl
FinancingReceivableAdjustmentForAdoptionOfCreditExpectedCreditLossesCECL
690000 usd
CY2023Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
57000 usd
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-12000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
24000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
1000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1475000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1517000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
187457000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
186156000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
48473000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
45826000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
138984000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
140330000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
2600000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
2200000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2666000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2679000 usd
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2023Q1 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2023Q1 hffg Accrued Compensation Current
AccruedCompensationCurrent
4863000 usd
CY2022Q4 hffg Accrued Compensation Current
AccruedCompensationCurrent
6798000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2080000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3866000 usd
CY2023Q1 hffg Accrued Interest And Fees Current
AccruedInterestAndFeesCurrent
1190000 usd
CY2022Q4 hffg Accrued Interest And Fees Current
AccruedInterestAndFeesCurrent
1082000 usd
CY2023Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1349000 usd
CY2022Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1286000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6926000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6616000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
16408000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19648000 usd
CY2023Q1 hffg Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Interest rate swaps
CY2022Q1 hffg Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Interest rate swaps
CY2022Q1 hffg Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Interest rate swaps
CY2023Q1 hffg Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Interest rate swaps
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4100000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
85100000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
85100000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
233414000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
43394000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
190020000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
233414000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
39323000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
194091000 usd
CY2019Q3 hffg Number Of Mortgage Term Loans
NumberOfMortgageTermLoans
2 termloan
CY2019Q3 hffg Number Of Mortgage Term Loans
NumberOfMortgageTermLoans
2 termloan
CY2023Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
400000 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2600000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
500000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
120369000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
122011000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
291000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
302000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
120078000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
121709000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
6031000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6266000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
114047000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
115443000 usd
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14381 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14381 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-5933000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3114000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53822794 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53706392 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
178118 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53822794 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53884510 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.277
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.260
CY2023Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
2341000 usd
CY2022Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
6345000 usd
CY2023Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2293000 usd
CY2022Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2064000 usd
CY2023Q1 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
629000 usd
CY2022Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
213000 usd
CY2023Q1 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
753000 usd
CY2022Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
1529000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3000000 shares
CY2023Q1 hffg Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsVestedNumber
180506 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1904333 shares
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1100000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3000000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M29D
CY2022Q3 hffg Loss Contingency Court Action Number Of Days Stayed
LossContingencyCourtActionNumberOfDaysStayed
P90D
CY2022Q4 hffg Loss Contingency Court Action Number Of Days Stayed
LossContingencyCourtActionNumberOfDaysStayed
P60D
CY2023Q1 hffg Loss Contingency Court Action Number Of Days Stayed
LossContingencyCourtActionNumberOfDaysStayed
P60D
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid Remainder Of Fiscal Year
LesseeOperatingAndFinanceLeaseLiabilityToBePaidRemainderOfFiscalYear
416000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid Year Two
LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearTwo
582000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid Year Three
LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearThree
604000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid Year Four
LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearFour
621000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid Year Five
LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearFive
638000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid After Year Five
LesseeOperatingAndFinanceLeaseLiabilityToBePaidAfterYearFive
4478000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability To Be Paid
LesseeOperatingAndFinanceLeaseLiabilityToBePaid
7339000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
1642000 usd
CY2023Q1 hffg Lessee Operating And Finance Lease Liability
LesseeOperatingAndFinanceLeaseLiability
5697000 usd

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