2022 Q3 Form 10-Q Financial Statement

#000121070822000081 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $48.69M $50.96M $51.92M
YoY Change 8.17% 28.45% 50.65%
Cost Of Revenue $24.49M $23.69M $26.34M
YoY Change -9.24% -3.64% 21.4%
Gross Profit $24.20M $27.27M $25.57M
YoY Change 34.21% 80.73% 101.36%
Gross Profit Margin 49.7% 53.52% 49.26%
Selling, General & Admin $22.55M $23.06M $21.65M
YoY Change 36.23% 57.03% 71.8%
% of Gross Profit 93.19% 84.54% 84.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $356.0K $337.0K $324.0K
YoY Change 204.27% 198.23% 194.55%
% of Gross Profit 1.47% 1.24% 1.27%
Operating Expenses $47.43M $47.08M $48.32M
YoY Change 8.66% 19.56% 40.28%
Operating Profit $1.256M $3.880M $3.602M
YoY Change -7.71% 1215.25% 19911.11%
Interest Expense $23.00K $3.000K $2.000K
YoY Change 187.5% -66.67% -80.0%
% of Operating Profit 1.83% 0.08% 0.06%
Other Income/Expense, Net $16.00K -$9.000K -$49.00K
YoY Change -51.52% -75.68% -7.55%
Pretax Income $1.295M $3.874M $3.555M
YoY Change -7.63% 1350.94% -14320.0%
Income Tax $340.0K $781.0K $536.0K
% Of Pretax Income 26.25% 20.16% 15.08%
Net Earnings $955.0K $3.093M $3.019M
YoY Change -36.08% -2635.25% -1587.19%
Net Earnings / Revenue 1.96% 6.07% 5.82%
Basic Earnings Per Share $0.31 $1.02 $1.02
Diluted Earnings Per Share $0.30 $0.98 $0.97
COMMON SHARES
Basic Shares Outstanding 2.822M shares 3.028M shares 2.967M shares
Diluted Shares Outstanding 3.150M shares 3.146M shares 3.117M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.41M $25.85M $19.15M
YoY Change -14.45% 6.84% -17.44%
Cash & Equivalents $22.41M $25.85M $19.15M
Short-Term Investments
Other Short-Term Assets $2.632M $1.935M $2.599M
YoY Change 84.57% 107.4% 136.27%
Inventory
Prepaid Expenses
Receivables $29.15M $31.65M $28.92M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $54.19M $59.43M $50.68M
YoY Change 11.53% 32.96% 22.46%
LONG-TERM ASSETS
Property, Plant & Equipment $677.0K $446.0K $422.0K
YoY Change 325.79% 156.32% 237.6%
Goodwill $4.884M $4.219M $4.219M
YoY Change 133.91% 102.06% 102.06%
Intangibles $4.796M $4.933M $5.211M
YoY Change 313.45% 297.82% 294.77%
Long-Term Investments
YoY Change
Other Assets $13.00K $5.000K $5.000K
YoY Change 160.0% 25.0% 0.0%
Total Long-Term Assets $12.78M $12.23M $12.63M
YoY Change 134.9% -26.08% -36.39%
TOTAL ASSETS
Total Short-Term Assets $54.19M $59.43M $50.68M
Total Long-Term Assets $12.78M $12.23M $12.63M
Total Assets $66.96M $71.66M $63.31M
YoY Change 23.95% 17.01% 3.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.488M $999.0K $1.062M
YoY Change 281.54% 85.69% 143.02%
Accrued Expenses $7.077M $8.245M $7.606M
YoY Change -56.5% -39.37% -30.85%
Deferred Revenue
YoY Change
Short-Term Debt $1.250M $1.869M $0.00
YoY Change
Long-Term Debt Due $1.250M $1.869M $750.0K
YoY Change
Total Short-Term Liabilities $21.59M $25.57M $18.19M
YoY Change 29.62% 80.87% 59.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.250M
YoY Change
Other Long-Term Liabilities $519.0K $383.0K $402.0K
YoY Change 170.31% 94.42% 108.29%
Total Long-Term Liabilities $519.0K $383.0K $402.0K
YoY Change 170.31% 94.42% 108.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.59M $25.57M $18.19M
Total Long-Term Liabilities $519.0K $383.0K $402.0K
Total Liabilities $22.60M $26.49M $20.52M
YoY Change 29.16% 70.92% 59.92%
SHAREHOLDERS EQUITY
Retained Earnings -$427.5M -$428.4M -$431.5M
YoY Change -2.09% -2.21% -1.47%
Common Stock $491.0M $490.5M $489.8M
YoY Change 0.49% 0.53% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.71M $15.56M $15.56M
YoY Change 8.98% 1.47% 1.49%
Treasury Stock Shares 1.027M shares 994.0K shares 994.0K shares
Shareholders Equity $44.37M $45.17M $42.79M
YoY Change
Total Liabilities & Shareholders Equity $66.96M $71.66M $63.31M
YoY Change 23.95% 42.46% 34.76%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $955.0K $3.093M $3.019M
YoY Change -36.08% -2635.25% -1587.19%
Depreciation, Depletion And Amortization $356.0K $337.0K $324.0K
YoY Change 204.27% 198.23% 194.55%
Cash From Operating Activities -$84.00K $7.567M -$2.386M
YoY Change -103.72% 658.98% -1.08%
INVESTING ACTIVITIES
Capital Expenditures -$300.0K -$37.00K -$93.00K
YoY Change 1053.85% -54.88% 132.5%
Acquisitions
YoY Change
Other Investing Activities -$825.0K
YoY Change
Cash From Investing Activities -$1.125M -$37.00K -$93.00K
YoY Change 4226.92% -54.88% 132.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.771M 0.000 -$226.0K
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -84.00K 7.567M -$2.386M
Cash From Investing Activities -1.125M -37.00K -$93.00K
Cash From Financing Activities -1.771M 0.000 -$226.0K
Net Change In Cash -2.980M 7.530M -$2.591M
YoY Change -233.63% 726.56% -0.65%
FREE CASH FLOW
Cash From Operating Activities -$84.00K $7.567M -$2.386M
Capital Expenditures -$300.0K -$37.00K -$93.00K
Free Cash Flow $216.0K $7.604M -$2.293M
YoY Change -90.53% 604.73% -3.33%

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CommonStockValue
4000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
4000 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
490490000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
489249000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-428411000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-434523000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1360000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-85000 usd
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
994000 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
987000 shares
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
15555000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
15329000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
45168000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
39316000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
71660000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
61242000 usd
us-gaap Net Income Loss
NetIncomeLoss
6112000 usd
us-gaap Net Income Loss
NetIncomeLoss
-325000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
661000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
223000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-232000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-245000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1241000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
586000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1096000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7353000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
358000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
394000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-66000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5135000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4164000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5181000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1413000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
130000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
122000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-130000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
226000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-226000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-734000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-132000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4091000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1671000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22113000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26199000 usd
us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
-2254000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26204000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24528000 usd
hson Interest Received
InterestReceived
6000 usd
hson Interest Received
InterestReceived
19000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1614000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
458000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
264000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
238000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
772000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
672000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
42792000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
34151000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
39316000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
34280000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
45168000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
34803000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
45168000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
34803000 usd
us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF BUSINESS<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The Company is comprised of the operations, assets, and liabilities of the Company’s three regional businesses: the Americas, Asia Pacific, and Europe. The Company provides Recruitment Process Outsourcing (“RPO”) permanent recruitment and contracting outsourced recruitment solutions. These services are tailored to the individual needs of primarily mid-to-large-cap multinational companies. The Company’s RPO delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients’ ongoing business needs. The Company’s RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 29, 2021, Hudson completed the acquisition of Karani, LLC, a Chicago-headquartered recruiting services provider that primarily serves U.S.-based customers from its operations in India and the Philippines. Karani, LLC partners with recruitment and staffing firms to assist with recruiting, sourcing, screening, onboarding, and other talent-related services across a variety of industries. This acquisition has enhanced the Company’s global delivery capability by adding a substantial presence in India and the Philippines, fostering business in new markets, and further developing the Company’s technology recruitment capabilities.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 1, 2020, the Company completed its acquisition of Coit Staffing, Inc., which expanded its presence in the technology sector and established a Technology Group located in San Francisco. In addition to providing RPO services to clients in the tech sector, the Technology Group operates jointly with the Company’s existing teams in the Americas, Asia Pacific, and Europe to provide continuous access to knowledge regarding new and emerging technologies in the RPO, Managed Solutions Provider, and Total Talent Solutions spaces, enabling the Company to better serve its clients around the world.</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The Company operates directly in fourteen countries with three reportable geographic business segments: Americas, Asia Pacific, and Europe. See Note 14 to the Condensed Consolidated Financial Statements for further details regarding the reportable segments. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, a novel strain of coronavirus, referred to as COVID-19, was reported. On March 11, 2020, the World Health Organization declared the outbreak to be a pandemic, based on the rapid increase in exposure globally. Some countries around the world have imposed quarantines and restrictions on travel and mass gatherings to slow the spread of the virus. COVID-19 continues to have an impact around the world and presents risks to the Company, which the Company is unable to fully evaluate or foresee at the current time. However, the Company is vigilantly monitoring the business environment surrounding COVID-19 and continues to proactively address this situation as it evolves. The Company believes it can continue </span></div>to take appropriate actions to manage the business in this challenging environment due to the flexibility of its workforce and the strength of its balance sheet.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
14 country
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
132000 usd
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
533000 usd
CY2022Q2 us-gaap Revenues
Revenues
50961000 usd
CY2021Q2 us-gaap Revenues
Revenues
39674000 usd
us-gaap Revenues
Revenues
102878000 usd
us-gaap Revenues
Revenues
74135000 usd
CY2022Q2 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
5915000 usd
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
11897000 usd
CY2022Q2 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
-995000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
250000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
237138 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
54410 shares
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
695000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
794000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1241000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1096000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
16.23
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
35.93
hson Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Above Target Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodAboveTargetWeightedAverageGrantDateFairValue
16.70 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
17.63
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
16.04
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
22.73
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.45
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
17.09
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
14.54
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.65
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1317000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7429000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
567000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
242000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
2.34
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
360000 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
119000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
110000 usd
CY2022Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
400000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.95
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
3093000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-122000 usd
us-gaap Net Income Loss
NetIncomeLoss
6112000 usd
us-gaap Net Income Loss
NetIncomeLoss
-325000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3028000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2906000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2997000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2899000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
118000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
135000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3146000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2906000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3132000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2899000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
30493 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
199119 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15338 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
199119 shares
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6020000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1087000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4933000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6020000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
532000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5488000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
278000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
555000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
545000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1070000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1034000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
787000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
577000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
920000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4933000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5488000 usd
hson Intangible Asset Aquisition
IntangibleAssetAquisition
0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
555000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4933000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
260000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
346000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
152000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
92000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
94000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
953000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1360000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-85000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1360000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-85000 usd
CY2015Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
50961000 usd
CY2022Q2 hson Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
0 usd
CY2022Q2 us-gaap Revenues
Revenues
50961000 usd
CY2022Q2 hson Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
27274000 usd
CY2022Q2 hson Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
0 usd
CY2022Q2 hson Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
27274000 usd
CY2022Q2 hson Ebitda Gain Loss
EbitdaGainLoss
4208000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
337000 usd
CY2022Q2 hson Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
0 usd
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
781000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
3093000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
102878000 usd
hson Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
0 usd
us-gaap Revenues
Revenues
102878000 usd
hson Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
52847000 usd
hson Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
0 usd
hson Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
52847000 usd
hson Ebitda Gain Loss
EbitdaGainLoss
8085000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
661000 usd
hson Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
0 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
5000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1317000 usd
us-gaap Net Income Loss
NetIncomeLoss
6112000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
31646000 usd
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
9598000 usd
CY2022Q2 us-gaap Assets
Assets
71660000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
39674000 usd
CY2021Q2 hson Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
0 usd
CY2021Q2 us-gaap Revenues
Revenues
39674000 usd
CY2021Q2 hson Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
15091000 usd
CY2021Q2 hson Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
0 usd
CY2021Q2 hson Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
15091000 usd
CY2021Q2 hson Ebitda Gain Loss
EbitdaGainLoss
371000 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
113000 usd
CY2021Q2 hson Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
0 usd
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
9000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
389000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-122000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
74135000 usd
hson Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
0 usd
us-gaap Revenues
Revenues
74135000 usd
hson Revenue Less Certain Direct Costs From External Customers
RevenueLessCertainDirectCostsFromExternalCustomers
27809000 usd
hson Intersegment Revenue Less Certain Direct Costs
IntersegmentRevenueLessCertainDirectCosts
0 usd
hson Revenue Less Certain Direct Costs
RevenueLessCertainDirectCosts
27809000 usd
hson Ebitda Gain Loss
EbitdaGainLoss
446000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
223000 usd
hson Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
0 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
19000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
567000 usd
us-gaap Net Income Loss
NetIncomeLoss
-325000 usd
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25748000 usd
CY2021Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10078000 usd
CY2021Q2 us-gaap Assets
Assets
61242000 usd
CY2022Q2 us-gaap Revenues
Revenues
50961000 usd
CY2021Q2 us-gaap Revenues
Revenues
39674000 usd
us-gaap Revenues
Revenues
102878000 usd
us-gaap Revenues
Revenues
74135000 usd
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
9598000 usd
CY2022Q2 us-gaap Assets Net
AssetsNet
45168000 usd
CY2021Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10078000 usd
CY2021Q2 us-gaap Assets Net
AssetsNet
39316000 usd
CY2018Q4 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1 shares
CY2018Q4 hson Warrantsand Rights Preferred Stockto Common Stock Conversion Treatment
WarrantsandRightsPreferredStocktoCommonStockConversionTreatment
1 shares
CY2018Q4 hson Warrants And Rights Not Exercisable Numberof Days After Public Announcementof Acquiring Person
WarrantsAndRightsNotExercisableNumberofDaysAfterPublicAnnouncementofAcquiringPerson
P10D
CY2018Q4 hson Warrants And Rights Not Exercisable Numberof Days After Tenderor Exchange Offer Is Completed By Acquiring Person
WarrantsAndRightsNotExercisableNumberofDaysAfterTenderorExchangeOfferIsCompletedByAcquiringPerson
P10D
CY2018Q4 hson Warrantsand Rights Optionto Exercise Market Value Multiplierof Purchase Price
WarrantsandRightsOptiontoExerciseMarketValueMultiplierofPurchasePrice
2
CY2018Q4 hson Warrantsand Rights Optionto Exercise Market Value Multiplierof Purchase Price
WarrantsandRightsOptiontoExerciseMarketValueMultiplierofPurchasePrice
2
CY2018Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
0.001
CY2018Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
0.001

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hson-20220630_lab.xml Edgar Link unprocessable