2020 Q2 Form 10-Q Financial Statement

#000106660520000023 Filed on July 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $147.8M $178.2M
YoY Change -17.03% -5.07%
Cost Of Revenue $1.115M $5.100M
YoY Change -78.14% 10.87%
Gross Profit $146.7M $173.1M
YoY Change -15.24% -5.46%
Gross Profit Margin 99.25% 97.15%
Selling, General & Admin $136.6M $154.8M
YoY Change -11.76% -5.95%
% of Gross Profit 93.1% 89.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.900M $2.400M
YoY Change -20.83% -14.29%
% of Gross Profit 1.29% 1.39%
Operating Expenses $171.8M $159.8M
YoY Change 7.51% -5.56%
Operating Profit -$23.99M $18.35M
YoY Change -230.69% -0.59%
Interest Expense -$300.0K $400.0K
YoY Change -175.0%
% of Operating Profit 2.18%
Other Income/Expense, Net $2.737M $1.120M
YoY Change 144.38% -2340.0%
Pretax Income -$21.20M $19.50M
YoY Change -208.72% 5.91%
Income Tax $4.500M $5.200M
% Of Pretax Income 26.67%
Net Earnings -$25.73M $14.28M
YoY Change -280.2% 24.57%
Net Earnings / Revenue -17.41% 8.01%
Basic Earnings Per Share -$1.33 $0.75
Diluted Earnings Per Share -$1.33 $0.73
COMMON SHARES
Basic Shares Outstanding 19.30M shares 19.12M shares
Diluted Shares Outstanding 19.30M shares 19.43M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $287.8M $144.0M
YoY Change 99.85% 67.85%
Cash & Equivalents $218.8M $105.3M
Short-Term Investments $69.06M $38.70M
Other Short-Term Assets $27.81M $30.08M
YoY Change -7.55% 8.84%
Inventory
Prepaid Expenses $23.19M
Receivables $124.8M $147.0M
Other Receivables $4.900M $6.200M
Total Short-Term Assets $470.0M $350.4M
YoY Change 34.12% 16.73%
LONG-TERM ASSETS
Property, Plant & Equipment $28.58M $30.79M
YoY Change -7.18% -16.23%
Goodwill $91.27M $122.1M
YoY Change -25.23% -0.63%
Intangibles
YoY Change
Long-Term Investments $26.10M $23.60M
YoY Change 10.59% 9.26%
Other Assets $24.70M $21.73M
YoY Change 13.69% 11.46%
Total Long-Term Assets $318.4M $353.6M
YoY Change -9.96% 39.92%
TOTAL ASSETS
Total Short-Term Assets $470.0M $350.4M
Total Long-Term Assets $318.4M $353.6M
Total Assets $788.4M $704.0M
YoY Change 11.98% 27.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.85M $8.107M
YoY Change 33.86% -7.06%
Accrued Expenses $143.5M $156.9M
YoY Change -8.54% 29.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $222.0M $235.3M
YoY Change -5.64% 10.43%
LONG-TERM LIABILITIES
Long-Term Debt $100.0M $0.00
YoY Change
Other Long-Term Liabilities $4.573M $4.317M
YoY Change 5.93% -80.34%
Total Long-Term Liabilities $280.1M $180.2M
YoY Change 55.41% 76.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $222.0M $235.3M
Total Long-Term Liabilities $280.1M $180.2M
Total Liabilities $502.2M $415.6M
YoY Change 20.84% 31.91%
SHAREHOLDERS EQUITY
Retained Earnings $67.69M $76.51M
YoY Change -11.54% 147.49%
Common Stock $225.7M $222.3M
YoY Change 1.5% 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.743M $14.80M
YoY Change -40.91% -27.11%
Treasury Stock Shares 248.0K shares 458.4K shares
Shareholders Equity $286.2M $288.4M
YoY Change
Total Liabilities & Shareholders Equity $788.4M $704.0M
YoY Change 11.98% 27.33%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$25.73M $14.28M
YoY Change -280.2% 24.57%
Depreciation, Depletion And Amortization $1.900M $2.400M
YoY Change -20.83% -14.29%
Cash From Operating Activities $40.80M $33.40M
YoY Change 22.16% 9.87%
INVESTING ACTIVITIES
Capital Expenditures -$2.800M -$900.0K
YoY Change 211.11% -30.77%
Acquisitions
YoY Change
Other Investing Activities -$68.30M -$38.60M
YoY Change 76.94% -3069.23%
Cash From Investing Activities -$71.00M -$39.50M
YoY Change 79.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.000M -3.000M
YoY Change 0.0% -79.45%
NET CHANGE
Cash From Operating Activities 40.80M 33.40M
Cash From Investing Activities -71.00M -39.50M
Cash From Financing Activities -3.000M -3.000M
Net Change In Cash -33.20M -9.100M
YoY Change 264.84% -157.59%
FREE CASH FLOW
Cash From Operating Activities $40.80M $33.40M
Capital Expenditures -$2.800M -$900.0K
Free Cash Flow $43.60M $34.30M
YoY Change 27.11% 8.2%

Facts In Submission

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1.35
CY2020Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.15
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.15
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
309115000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
8666000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3746000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2614000 USD
CY2020Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-1550000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2020Q1 us-gaap Dividends Cash
DividendsCash
2876000 USD
CY2020Q1 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
126000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
311765000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-25733000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1501000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1320000 USD
CY2020Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0 USD
CY2020Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
346000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2020Q2 us-gaap Dividends Cash
DividendsCash
2891000 USD
CY2020Q2 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
105000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
286203000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
267156000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
12087000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
320000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1343000 USD
CY2019Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-4552000 USD
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
150
CY2019Q1 us-gaap Dividends Cash
DividendsCash
2848000 USD
CY2019Q1 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
87000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
273419000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
14280000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
3368000 USD
CY2019Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0 USD
CY2019Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
345000 USD
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
150
CY2019Q2 us-gaap Dividends Cash
DividendsCash
2867000 USD
CY2019Q2 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
101000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
288449000 USD
us-gaap Net Income Loss
NetIncomeLoss
-17067000 USD
us-gaap Net Income Loss
NetIncomeLoss
26367000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4467000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5348000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
380000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
512000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3934000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4711000 USD
us-gaap Accretion Expense
AccretionExpense
0 USD
us-gaap Accretion Expense
AccretionExpense
327000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
122000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
116000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-275000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
32970000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
17013000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
32093000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2145000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-978000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-129842000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-115500000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1480000 USD
us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1189000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2673000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-3240000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
6755000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-4035000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
1275000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
1686000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
4541000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3507000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4228000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
176000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-124765000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-121883000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4556000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1793000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
71419000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
40477000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
62467000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
232000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13508000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42038000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
100000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5997000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5903000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1550000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4552000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2789000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
407000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
89664000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10862000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4350000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-165000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52959000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-174948000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271719000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280262000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
218760000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105314000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
218760000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
105314000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
271719000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
279906000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
218760000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105314000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271719000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280262000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-25733000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
14280000 USD
us-gaap Net Income Loss
NetIncomeLoss
-17067000 USD
us-gaap Net Income Loss
NetIncomeLoss
26367000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19298000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19120000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19245000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19062000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19298000 shares
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4298000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
5140000 USD
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19431000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19245000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19531000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.33
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.89
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.33
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2020Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
10901000 USD
CY2019Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
7585000 USD
hsii Increase Decrease In Unbilled Contracts Receivable
IncreaseDecreaseInUnbilledContractsReceivable
3316000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
12739000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
14672000 USD
hsii Increase Decrease In Contract With Customer After Allowance For Credit Loss
IncreaseDecreaseInContractWithCustomerAfterAllowanceForCreditLoss
-1933000 USD
CY2020Q2 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
23640000 USD
CY2019Q2 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
22257000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1383000 USD
CY2020Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
38122000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
41267000 USD
us-gaap Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
-3145000 USD
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
29500000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
12900000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1774000 USD
us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
597000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
7067000 USD
CY2020Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
47004000 USD
us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
2000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92599000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92540000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
64022000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
63890000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28577000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28650000 USD
CY2020Q2 us-gaap Depreciation
Depreciation
1900000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
2400000 USD
us-gaap Depreciation
Depreciation
4100000 USD
us-gaap Depreciation
Depreciation
4900000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
6186000 USD
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
5907000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
12447000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
12480000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1771000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2057000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
3844000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
3914000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
7957000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
7964000 USD
us-gaap Lease Cost
LeaseCost
16291000 USD
us-gaap Lease Cost
LeaseCost
16394000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
15599000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
16886000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10095000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11441000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0377
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0397
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
13877000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
29735000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26077000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
23065000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12625000 USD
CY2020Q2 hsii Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
12824000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
118203000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9214000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
108989000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
69057000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
69055000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
218760000 USD
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
69055000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
139705000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
13000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
139718000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
271719000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
61153000 USD
CY2020Q2 hsii Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
18500000 USD
CY2019Q4 hsii Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
17200000 USD
CY2020Q2 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
111724000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
91271000 USD
CY2019Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
19787000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
91271000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
126831000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
126831000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
126831000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
32970000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2590000 USD
CY2019Q2 us-gaap Goodwill Gross
GoodwillGross
124241000 USD
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32970000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
91271000 USD
CY2020Q2 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P6Y4M24D
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16226000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14865000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1361000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16664000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14729000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1935000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
322000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
457000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
292000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
174000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
71000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
45000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1361000 USD
CY2020Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
23640000 USD
CY2019Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
22257000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
4171000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
5591000 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
27811000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
27848000 USD
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
175000000 USD
hsii Sub Limit For Letters Of Credit
SubLimitForLettersOfCredit
25000000 USD
hsii Swingline Loan Sub Limit
SwinglineLoanSubLimit
10000000 USD
hsii Line Of Credit Facility Expansion Borrowing Capacity
LineOfCreditFacilityExpansionBorrowingCapacity
75000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1000000.0 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
100000000.0 USD
us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
1.44
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
100000000.0 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
34744000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
500000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
2879025 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1168741 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
697766 shares
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
385000 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
908000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
864000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1349000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
4100000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21200000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4500000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19500000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.211
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11900000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.490
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.312
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145603000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173122000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
317084000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
344716000 USD
CY2020Q2 us-gaap Revenues
Revenues
147835000 USD
CY2019Q2 us-gaap Revenues
Revenues
178173000 USD
us-gaap Revenues
Revenues
322682000 USD
us-gaap Revenues
Revenues
354447000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-23986000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18353000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-5834000 USD
CY2020Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2500000 USD

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