2024 Q1 Form 10-K Financial Statement

#000106660524000008 Filed on March 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $269.1M $257.4M $1.041B
YoY Change 11.14% 7.84% -3.91%
Cost Of Revenue $27.43M $34.45M $109.0M
YoY Change 20.15% 68.57% 34.95%
Gross Profit $241.7M $222.9M $932.1M
YoY Change 10.21% 2.16% -7.04%
Gross Profit Margin 89.81% 86.62% 89.53%
Selling, General & Admin $215.8M $195.1M $812.5M
YoY Change 11.69% 1.46% -6.62%
% of Gross Profit 89.29% 87.52% 87.17%
Research & Development $5.715M $5.952M $22.70M
YoY Change 3.38% -1.9% 11.19%
% of Gross Profit 2.36% 2.67% 2.44%
Depreciation & Amortization $4.790M $5.076M $18.51M
YoY Change 23.68% 82.66% 74.55%
% of Gross Profit 1.98% 2.28% 1.99%
Operating Expenses $5.715M $201.1M $22.70M
YoY Change 3.38% 1.36% -97.66%
Operating Profit $16.27M $21.86M $75.36M
YoY Change -8.42% 10.17% -32.88%
Interest Expense $4.086M $3.950M $11.62M
YoY Change 25.76% 7.54% 117.67%
% of Operating Profit 25.11% 18.07% 15.42%
Other Income/Expense, Net $6.657M -$840.0K $13.31M
YoY Change 31.61% 33.97% 348.28%
Pretax Income $22.93M $24.97M $88.67M
YoY Change 0.45% 9.09% -23.05%
Income Tax $8.899M $10.12M $34.26M
% Of Pretax Income 38.81% 40.52% 38.64%
Net Earnings $14.03M $14.86M $54.41M
YoY Change -9.97% -7.41% -31.55%
Net Earnings / Revenue 5.21% 5.77% 5.23%
Basic Earnings Per Share $0.70 $2.72
Diluted Earnings Per Share $0.67 $0.71 $2.62
COMMON SHARES
Basic Shares Outstanding 20.12M shares 20.12M shares 20.03M shares
Diluted Shares Outstanding 21.04M shares 20.77M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $252.8M $478.2M $478.2M
YoY Change 23.52% -23.08% -23.08%
Cash & Equivalents $252.8M $412.6M $412.6M
Short-Term Investments $0.00 $65.54M $65.54M
Other Short-Term Assets $48.87M $47.92M $39.43M
YoY Change 14.09% 17.68% 33.51%
Inventory
Prepaid Expenses
Receivables $173.0M $133.1M $165.2M
Other Receivables $5.957M $10.41M $10.41M
Total Short-Term Assets $512.0M $693.2M $693.2M
YoY Change 14.72% -15.85% -15.85%
LONG-TERM ASSETS
Property, Plant & Equipment $40.45M $35.75M $121.8M
YoY Change 24.4% 18.36% 19.82%
Goodwill $200.1M $202.3M
YoY Change 1.2% 46.18%
Intangibles
YoY Change
Long-Term Investments $54.84M $47.29M $47.29M
YoY Change 28.88% 37.65% 37.65%
Other Assets $16.68M $17.07M $56.18M
YoY Change -47.33% -33.8% -20.99%
Total Long-Term Assets $453.4M $448.4M $448.4M
YoY Change 1.87% 27.45% 27.45%
TOTAL ASSETS
Total Short-Term Assets $512.0M $693.2M $693.2M
Total Long-Term Assets $453.4M $448.4M $448.4M
Total Assets $965.5M $1.142B $1.142B
YoY Change 8.3% -2.9% -2.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.78M $20.84M $20.84M
YoY Change 16.5% 42.59% 42.59%
Accrued Expenses $154.1M $344.2M $344.2M
YoY Change -4.08% -26.87% -26.87%
Deferred Revenue $47.38M $45.73M
YoY Change 9.3% 6.21%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $251.9M $438.7M $438.7M
YoY Change -3.19% -25.45% -25.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $41.15M $41.81M $234.2M
YoY Change 11.89% -76.31% 32.69%
Total Long-Term Liabilities $244.8M $240.6M $234.2M
YoY Change 16.48% 36.32% 32.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $251.9M $438.7M $438.7M
Total Long-Term Liabilities $244.8M $240.6M $234.2M
Total Liabilities $496.7M $679.3M $679.3M
YoY Change 5.6% -11.2% -11.2%
SHAREHOLDERS EQUITY
Retained Earnings $220.9M $210.1M
YoY Change 22.26% 24.9%
Common Stock $252.0M $252.2M
YoY Change 3.04% 2.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $468.8M $462.3M $462.3M
YoY Change
Total Liabilities & Shareholders Equity $965.5M $1.142B $1.142B
YoY Change 8.3% -2.9% -2.9%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $14.03M $14.86M $54.41M
YoY Change -9.97% -7.41% -31.55%
Depreciation, Depletion And Amortization $4.790M $5.076M $18.51M
YoY Change 23.68% 82.66% 74.55%
Cash From Operating Activities -$203.4M $153.8M -$26.79M
YoY Change -39.64% -4.06% -122.46%
INVESTING ACTIVITIES
Capital Expenditures $6.173M $3.814M $13.43M
YoY Change 62.11% 28.94% 20.65%
Acquisitions
YoY Change
Other Investing Activities $60.89M -$29.24M $147.0M
YoY Change -73.74% -65.02% -154.77%
Cash From Investing Activities $54.71M -$33.05M $133.6M
YoY Change -76.01% -61.81% -147.78%
FINANCING ACTIVITIES
Cash Dividend Paid $3.216M $12.54M
YoY Change 3.34% 0.57%
Common Stock Issuance & Retirement, Net $904.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.078M -1.116M -$53.53M
YoY Change -85.93% -64.27% 241.27%
NET CHANGE
Cash From Operating Activities -$203.4M 153.8M -$26.79M
Cash From Investing Activities $54.71M -33.05M $133.6M
Cash From Financing Activities -$6.078M -1.116M -$53.53M
Net Change In Cash -$159.8M 119.7M $57.13M
YoY Change 5.99% 69.31% -130.1%
FREE CASH FLOW
Cash From Operating Activities -$203.4M $153.8M -$26.79M
Capital Expenditures $6.173M $3.814M $13.43M
Free Cash Flow -$209.6M $150.0M -$40.23M
YoY Change -38.51% -4.68% -137.19%

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DepreciationDepletionAndAmortization
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GainLossOnDispositionOfAssets1
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IncreaseDecreaseInDeferredRevenue
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CY2021 us-gaap Increase Decrease In Deferred Revenue
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CY2023 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2023 us-gaap Increase Decrease In Pension Plan Obligations
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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228770000 usd
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
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IncomeTaxesPaid
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CY2021 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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CY2021 us-gaap Common Stock Dividends Per Share Declared
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4318000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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10830000 usd
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CY2023 hsii Stock Issued During Period Value Clawback
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CY2023 us-gaap Stock Issued During Period Value Treasury Stock Reissued
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494000 usd
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CY2023 hsii Cash And Cash Equivalents Maximum Maturity Period
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CY2023 us-gaap Concentration Risk Credit Risk
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<div style="text-align:justify;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%">Concentration of Risk</span></div><div style="text-align:justify;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%">The Company is potentially exposed to concentrations of risk associated with its accounts receivable. However, this risk is limited due to the Company’s large number of clients and their dispersion across many different industries and geographies. At December 31, 2023 and 2022, the Company had no significant concentrations of risk.</span></div>
CY2022 us-gaap Concentration Risk Customer
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no
CY2023 us-gaap Concentration Risk Customer
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19900000 usd
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CY2023 hsii Additional Vesting Period After Deferral Date For Bonus Payment
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CY2021Q3 hsii Early Termination Agreement Payment
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11700000 usd
CY2023 us-gaap Net Income Loss
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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20618000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
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2.72
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4.02
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2.62
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3.86
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3.58
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six months
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16774000 usd
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2023 hsii Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
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CY2022 hsii Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
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CY2021 hsii Accounts Receivable Allowance For Credit Loss Foreign Currency Translation
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
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0 position
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
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1 investment
CY2023Q4 us-gaap Property Plant And Equipment Gross
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98623000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
85236000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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62871000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
55029000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35752000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30207000 usd
CY2023 us-gaap Depreciation
Depreciation
9100000 usd
CY2022 us-gaap Depreciation
Depreciation
7400000 usd
CY2021 us-gaap Depreciation
Depreciation
7100000 usd
CY2021Q3 hsii Lease Liability Associated With Surrendered Office
LeaseLiabilityAssociatedWithSurrenderedOffice
17400000 usd
CY2021 hsii Gain On Early Termination Agreement
GainOnEarlyTerminationAgreement
5700000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
19587000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
17408000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
9225000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
6116000 usd
CY2023 us-gaap Lease Cost
LeaseCost
28812000 usd
CY2022 us-gaap Lease Cost
LeaseCost
23524000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
20856000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
18865000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34982000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18055000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0482
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0348
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
21095000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16384000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14997000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14698000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11225000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
43008000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
121407000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21705000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
99702000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3300000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2800000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
242228000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
42000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
242270000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
412618000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
65538000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
312121000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
15000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
56000 usd
CY2023Q4 hsii Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
37200000 usd
CY2022Q4 hsii Aggregate Cost Basis For Non Qualified Deferred Compensation Plan
AggregateCostBasisForNonQualifiedDeferredCompensationPlan
29100000 usd
CY2023Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
45265000 usd
CY2022Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
32987000 usd
CY2022 hsii Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Compensation expense
CY2023 hsii Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Compensation expense
CY2023 hsii Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfOtherComprehensiveIncomeExtensibleListNotDisclosedFlag
Foreign currency translation
CY2022 hsii Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfOtherComprehensiveIncomeExtensibleListNotDisclosedFlag
Foreign currency translation
CY2022Q4 us-gaap Goodwill
Goodwill
138361000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
69444000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7246000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1693000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
202252000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2900000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
1267000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1239000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1206000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
1168000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
5103000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
202252000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
138361000 usd
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
32970000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
91643000 usd
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-180000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
138524000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-163000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
138361000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7246000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1693000 usd
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
242468000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
40216000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
202252000 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
5 unit
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20842000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6333000 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y10M24D
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
39891000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19049000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20842000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16236000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9903000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6333000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9400000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7780000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5971000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2525000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1534000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
897000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2135000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20842000 usd
CY2023Q4 hsii Acquisition Earnout Accruals Current
AcquisitionEarnoutAccrualsCurrent
0 usd
CY2022Q4 hsii Acquisition Earnout Accruals Current
AcquisitionEarnoutAccrualsCurrent
36010000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
21823000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
20006000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
21823000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
56016000 usd
CY2023Q4 hsii Acquisition Earnout Accruals Non Current
AcquisitionEarnoutAccrualsNonCurrent
38601000 usd
CY2022Q4 hsii Acquisition Earnout Accruals Non Current
AcquisitionEarnoutAccrualsNonCurrent
0 usd
CY2023Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3207000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
5293000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41808000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5293000 usd
CY2022Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Current And Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrentAndNoncurrent
13951000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1060000 shares
CY2023Q4 hsii Share Based Compensation Arrangement By Share Based Payment Award Shares Issued To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedToDate
4166113 shares
CY2023Q4 hsii Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Forfeited To Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesForfeitedToDate
784325 shares
CY2022 hsii Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
6000 usd
CY2021 hsii Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
6000 usd
CY2023 hsii Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
6000 usd
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.060
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.060
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.060
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 usd
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
13951000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19594000 usd
CY2023 hsii Defined Benefit Plan Net Periodic Benefit Cost Credit Interest Cost Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag
DefinedBenefitPlanNetPeriodicBenefitCostCreditInterestCostStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag
Interest cost
CY2022 hsii Defined Benefit Plan Net Periodic Benefit Cost Credit Interest Cost Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag
DefinedBenefitPlanNetPeriodicBenefitCostCreditInterestCostStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag
Interest cost
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
555000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
181000 usd
CY2023 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
769000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-3361000 usd
CY2023 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1296000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1257000 usd
CY2023 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
437000 usd
CY2022 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
-1206000 usd
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
14416000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
13951000 usd
CY2023Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
1289000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
1252000 usd
CY2023Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
13127000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
12699000 usd
CY2023Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Current And Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrentAndNoncurrent
14416000 usd
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
555000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
181000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
150000 usd
CY2022 hsii Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag
DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag
Amortization of net loss
CY2021 hsii Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag
DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag
Amortization of net loss
CY2023 hsii Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List Not Disclosed Flag
DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag
Amortization of net loss
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-195000 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-211000 usd
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
555000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
376000 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
361000 usd
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0409
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0103
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0072
CY2023 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0
CY2023Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0345
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0409
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0103
CY2023Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0
CY2023 hsii Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Measurement Date
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationMeasurementDate
2023-12-31
CY2022 hsii Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Measurement Date
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationMeasurementDate
2022-12-31
CY2021 hsii Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Measurement Date
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationMeasurementDate
2021-12-31
CY2023Q4 hsii Defined Benefit Plan Amounts In Accumulated Other Comprehensive Income Not Yet Recognized In Net Periodic Benefit Cost
DefinedBenefitPlanAmountsInAccumulatedOtherComprehensiveIncomeNotYetRecognizedInNetPeriodicBenefitCost
1400000 usd
CY2022Q4 hsii Defined Benefit Plan Amounts In Accumulated Other Comprehensive Income Not Yet Recognized In Net Periodic Benefit Cost
DefinedBenefitPlanAmountsInAccumulatedOtherComprehensiveIncomeNotYetRecognizedInNetPeriodicBenefitCost
700000 usd
CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
12400000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
12600000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
1289000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1028212 shares
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3220000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4263000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5539000 usd
CY2023 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
16134 shares
CY2022 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
11850 shares
CY2008Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
36000 shares
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
900000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023Q4 hsii Treasury Stock Shares Acquired To Date
TreasuryStockSharesAcquiredToDate
1074670 shares
CY2023Q4 hsii Treasury Stock Value Acquired To Date
TreasuryStockValueAcquiredToDate
29200000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
20800000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
3792000 usd
CY2023Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
56164000 usd
CY2021Q3 hsii Early Termination Agreement Payment
EarlyTerminationAgreementPayment
11700000 usd
CY2021Q3 hsii Lease Liability Associated With Surrendered Office
LeaseLiabilityAssociatedWithSurrenderedOffice
17400000 usd
CY2021 hsii Gain On Early Termination Agreement
GainOnEarlyTerminationAgreement
5700000 usd
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
23265000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
3792000 usd
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
14453000 usd
CY2021 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
4146000 usd
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