2022 Q1 Form 10-Q Financial Statement
#000106660522000033 Filed on April 25, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $285.5M | $194.7M |
YoY Change | 46.63% | 11.37% |
Cost Of Revenue | $19.66M | $1.100M |
YoY Change | 1687.64% | -67.65% |
Gross Profit | $265.9M | $193.7M |
YoY Change | 37.26% | 12.94% |
Gross Profit Margin | 93.11% | 99.47% |
Selling, General & Admin | $231.2M | $170.2M |
YoY Change | 35.86% | 11.02% |
% of Gross Profit | 86.97% | 87.87% |
Research & Development | $4.402M | $0.00 |
YoY Change | ||
% of Gross Profit | 1.66% | 0.0% |
Depreciation & Amortization | $2.620K | $6.068M |
YoY Change | -99.96% | 159.65% |
% of Gross Profit | 0.0% | 3.13% |
Operating Expenses | $255.3M | $175.1M |
YoY Change | 45.79% | 11.76% |
Operating Profit | $30.23M | $19.61M |
YoY Change | 54.18% | 8.02% |
Interest Expense | $110.0K | $100.0K |
YoY Change | 10.0% | -85.71% |
% of Operating Profit | 0.36% | 0.51% |
Other Income/Expense, Net | -$2.361M | $3.164M |
YoY Change | -174.62% | -184.24% |
Pretax Income | $27.90M | $22.80M |
YoY Change | 22.37% | 58.33% |
Income Tax | $9.400M | $7.900M |
% Of Pretax Income | 33.69% | 34.65% |
Net Earnings | $18.47M | $14.83M |
YoY Change | 24.51% | 71.15% |
Net Earnings / Revenue | 6.47% | 7.62% |
Basic Earnings Per Share | $0.94 | $0.77 |
Diluted Earnings Per Share | $0.90 | $0.74 |
COMMON SHARES | ||
Basic Shares Outstanding | 19.62M shares | 19.39M shares |
Diluted Shares Outstanding | 20.51M shares | 20.17M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $268.0M | $184.1M |
YoY Change | 45.57% | -26.65% |
Cash & Equivalents | $268.0M | $184.1M |
Short-Term Investments | $0.00 | |
Other Short-Term Assets | $47.15M | $25.50M |
YoY Change | 84.92% | -20.65% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $186.2M | $128.4M |
Other Receivables | $3.569M | $5.200M |
Total Short-Term Assets | $535.6M | $369.8M |
YoY Change | 44.85% | -16.98% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $27.16M | $22.37M |
YoY Change | 21.41% | -21.36% |
Goodwill | $139.0M | $91.45M |
YoY Change | 52.01% | -25.9% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $38.01M | $33.50M |
YoY Change | 13.45% | 42.55% |
Other Assets | $23.45M | $27.62M |
YoY Change | -15.1% | 9.67% |
Total Long-Term Assets | $360.0M | $310.8M |
YoY Change | 15.81% | -10.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $535.6M | $369.8M |
Total Long-Term Assets | $360.0M | $310.8M |
Total Assets | $895.6M | $680.6M |
YoY Change | 31.58% | -14.12% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $16.35M | $10.15M |
YoY Change | 61.1% | -8.47% |
Accrued Expenses | $198.6M | $140.8M |
YoY Change | 41.07% | 10.26% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $339.7M | $217.3M |
YoY Change | 56.36% | 4.48% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $14.34M | $4.103M |
YoY Change | 249.45% | -9.84% |
Total Long-Term Liabilities | $205.1M | $184.8M |
YoY Change | 11.0% | -32.28% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $339.7M | $217.3M |
Total Long-Term Liabilities | $205.1M | $184.8M |
Total Liabilities | $544.8M | $402.0M |
YoY Change | 35.51% | -16.38% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $116.5M | $52.74M |
YoY Change | 120.93% | -45.3% |
Common Stock | $233.8M | $226.2M |
YoY Change | 3.38% | -0.02% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $191.0K | $3.090M |
YoY Change | -93.82% | -71.8% |
Treasury Stock Shares | 5.080K shares | 88.41K shares |
Shareholders Equity | $350.8M | $278.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $895.6M | $680.6M |
YoY Change | 31.58% | -14.12% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $18.47M | $14.83M |
YoY Change | 24.51% | 71.15% |
Depreciation, Depletion And Amortization | $2.620K | $6.068M |
YoY Change | -99.96% | 159.65% |
Cash From Operating Activities | -$262.2K | -$142.6M |
YoY Change | -99.82% | -13.91% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.804K | $945.0K |
YoY Change | -99.81% | -46.09% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$4.248M | $18.80M |
YoY Change | -122.6% | -68.3% |
Cash From Investing Activities | -$6.052K | $17.85M |
YoY Change | -100.03% | -68.96% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $3.119K | $3.072M |
YoY Change | -99.9% | 2.33% |
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$6.338K | -$6.162M |
YoY Change | -99.9% | -106.65% |
NET CHANGE | ||
Cash From Operating Activities | -$262.2K | -$142.6M |
Cash From Investing Activities | -$6.052K | $17.85M |
Cash From Financing Activities | -$6.338K | -$6.162M |
Net Change In Cash | -$277.3K | -$132.4M |
YoY Change | -99.79% | 539.11% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$262.2K | -$142.6M |
Capital Expenditures | $1.804K | $945.0K |
Free Cash Flow | -$264.0K | -$143.5M |
YoY Change | -99.82% | -14.24% |
Facts In Submission
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
22772000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9404000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7940000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18467000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14832000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1082000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-693000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1082000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-693000 | USD |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
17385000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
14139000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19624000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19387000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20511000 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.94 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.77 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.90 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.15 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.15 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
336020000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18467000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1082000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
3698000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
-3219000 | USD |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2022Q1 | us-gaap |
Dividends Cash
DividendsCash
|
2940000 | USD |
CY2022Q1 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
179000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
350765000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
267602000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14832000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-693000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
|
3497 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
2991000 | USD |
CY2021Q1 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
-3090000 | USD |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2021Q1 | us-gaap |
Dividends Cash
DividendsCash
|
2905000 | USD |
CY2021Q1 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
167000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
278570000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18467000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14832000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2620 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6068000 | USD |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-477 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-495000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3698 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2991000 | USD |
CY2022Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
271 | USD |
CY2021Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
0 | USD |
CY2022Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
0 | USD |
CY2021Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1000 | USD |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-167 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-21000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
53142 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
41209000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-4156 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1365000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-227424 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-116327000 | USD |
CY2022Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
0 | USD |
CY2021Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
-2902000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4137 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
963000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
5028 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
6819000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
|
1235000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
9081 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
7894000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
5801 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
8037000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-262196 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-142571000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1804 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
945000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
5011 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1354000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
763 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
20153000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6052 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
17854000 | USD |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3119 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3072000 | USD |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3219 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3090000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6338 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6162000 | USD |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2671 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1539000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-277257 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-132418000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
545259000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316489000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
268002000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
184071000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
267986000 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
184055000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
545225000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
316473000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
268002000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
184071000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
545259000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316489000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18467000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14832000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19624000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19387000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20511000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20171000 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.94 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.77 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.90 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
CY2022Q1 | us-gaap |
Reclassifications
Reclassifications
|
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been recast as a result of the Company's presentation of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cost of services</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in the Condensed Consolidated Statements of Comprehensive Income. The reclassifications had no impact on net income, net cash flows or stockholders' equity.</span></div> | |
CY2022Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
19348000 | USD |
CY2021Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
17947000 | USD |
CY2022Q1 | hsii |
Increase Decrease In Unbilled Contracts Receivable
IncreaseDecreaseInUnbilledContractsReceivable
|
1401000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
21725000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
18995000 | USD |
CY2022Q1 | hsii |
Increase Decrease In Contract With Customer After Allowance For Credit Loss
IncreaseDecreaseInContractWithCustomerAfterAllowanceForCreditLoss
|
2730000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
41073000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
36942000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
4131000 | USD |
CY2022Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
55364000 | USD |
CY2021Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
51404000 | USD |
CY2022Q1 | us-gaap |
Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
|
3960000 | USD |
CY2022Q1 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
51100000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
8300000 | USD |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
5666000 | USD |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2154000 | USD |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
1534000 | USD |
CY2022Q1 | hsii |
Allowance For Doubtful Accounts Foreign Currency Translation
AllowanceForDoubtfulAccountsForeignCurrencyTranslation
|
-8000 | USD |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
6278000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
81665000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
81478000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
54503000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
54393000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
27162000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
27085000 | USD |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
1800000 | USD |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
1800000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4358000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4867000 | USD |
CY2022Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1161000 | USD |
CY2021Q1 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1228000 | USD |
CY2022Q1 | us-gaap |
Lease Cost
LeaseCost
|
5519000 | USD |
CY2021Q1 | us-gaap |
Lease Cost
LeaseCost
|
6095000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5044000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
7566000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
281000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
791000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
8899000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y3M18D | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y10M24D | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0325 | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0344 | |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
13339000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
18688000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
16649000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
8764000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
7377000 | USD |
CY2022Q1 | hsii |
Lessee Operating Lease Liability To Be Paid After Year Five
LesseeOperatingLeaseLiabilityToBePaidAfterYearFive
|
25484000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
90301000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
81402000 | USD |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
267986000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
545225000 | USD |
CY2022Q1 | hsii |
Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
|
27500000 | USD |
CY2021Q4 | hsii |
Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
|
22900000 | USD |
CY2022Q1 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
32609000 | USD |
CY2021Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
30505000 | USD |
CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
139017000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
138524000 | USD |
CY2021Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
171494000 | USD |
CY2021Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
32970000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
138524000 | USD |
CY2022Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
493000 | USD |
CY2022Q1 | us-gaap |
Goodwill Gross
GoodwillGross
|
171987000 | USD |
CY2022Q1 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
32970000 | USD |
CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
139017000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8462000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9169000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8462000 | USD |
CY2022Q1 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P7Y9M18D | |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
27636000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
19174000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8462000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
27678000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
18509000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9169000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2113000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2735000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1155000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
764000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
527000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1168000 | USD |
CY2022Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
41073000 | USD |
CY2021Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
36942000 | USD |
CY2022Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
6073000 | USD |
CY2021Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
4507000 | USD |
CY2022Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
47146000 | USD |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
41449000 | USD |
CY2022Q1 | us-gaap |
Other Sundry Liabilities
OtherSundryLiabilities
|
27033000 | USD |
CY2021Q4 | us-gaap |
Other Sundry Liabilities
OtherSundryLiabilities
|
24554000 | USD |
CY2022Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
53982000 | USD |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
790000 | USD |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
24554000 | USD |
CY2021Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
200000000 | USD |
CY2018Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
175000000 | USD |
CY2022Q1 | hsii |
Sub Limit For Letters Of Credit
SubLimitForLettersOfCredit
|
25000000 | USD |
CY2022Q1 | hsii |
Swingline Loan Sub Limit
SwinglineLoanSubLimit
|
10000000 | USD |
CY2022Q1 | hsii |
Line Of Credit Facility Expansion Borrowing Capacity
LineOfCreditFacilityExpansionBorrowingCapacity
|
75000000 | USD |
CY2022Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2021Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2022Q1 | hsii |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedToDate
|
3650461 | shares |
CY2022Q1 | hsii |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Forfeited To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesForfeitedToDate
|
748407 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
447946 | shares |
CY2021Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1453000 | USD |
CY2021Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3861000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
56164000 | USD | |
CY2021 | hsii |
Early Termination Agreement Payment
EarlyTerminationAgreementPayment
|
11700000 | USD |
CY2021 | hsii |
Lease Liability Associated With Surrendered Office
LeaseLiabilityAssociatedWithSurrenderedOffice
|
17400000 | USD |
CY2021 | hsii |
Gain On Early Termination Agreement
GainOnEarlyTerminationAgreement
|
5700000 | USD |
CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8394000 | USD |
CY2022Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4843000 | USD |
CY2022Q1 | us-gaap |
Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
|
34000 | USD |
CY2022Q1 | us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
-18000 | USD |
CY2022Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3499000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
27900000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9400000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
22800000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7900000 | USD |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.337 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.349 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
283861000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
193656000 | USD |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
285537000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
194731000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
30232000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19608000 | USD |
CY2022Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
4400000 | USD |
CY2021Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
200000000 | USD |
CY2018Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
175000000 | USD |
CY2022Q1 | hsii |
Sub Limit For Letters Of Credit
SubLimitForLettersOfCredit
|
25000000 | USD |
CY2022Q1 | hsii |
Swingline Loan Sub Limit
SwinglineLoanSubLimit
|
10000000 | USD |
CY2022Q1 | hsii |
Line Of Credit Facility Expansion Borrowing Capacity
LineOfCreditFacilityExpansionBorrowingCapacity
|
75000000 | USD |
CY2022Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2021Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |