2020 Q1 Form 10-K Financial Statement

#000004625020000027 Filed on May 20, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1 2018 Q4
Revenue $132.4M $133.1M $128.2M
YoY Change -0.48% 8.55%
Cost Of Revenue $109.8M $112.4M $107.1M
YoY Change -2.31% 7.97%
Gross Profit $22.65M $20.67M $21.03M
YoY Change 9.55% 11.64%
Gross Profit Margin 17.1% 15.54% 16.41%
Selling, General & Admin $14.89M $14.89M $14.31M
YoY Change 0.03% 1.22%
% of Gross Profit 65.75% 72.0% 68.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.400M $5.360M $5.390M
YoY Change 0.75% -2.36%
% of Gross Profit 23.84% 25.93% 25.63%
Operating Expenses $14.89M $14.89M $14.31M
YoY Change 0.03% 1.22%
Operating Profit $7.757M $5.788M $6.721M
YoY Change 34.02% 42.97%
Interest Expense -$500.0K -$800.0K -$800.0K
YoY Change -37.5% 0.0%
% of Operating Profit -6.45% -13.82% -11.9%
Other Income/Expense, Net -$500.0K $300.0K -$316.0K
YoY Change -266.67% -674.55%
Pretax Income $6.800M $5.300M $5.598M
YoY Change 28.3% 45.63%
Income Tax $2.000M $1.500M $1.468M
% Of Pretax Income 29.41% 28.3% 26.22%
Net Earnings $4.763M $3.771M $4.130M
YoY Change 26.31% -75.91%
Net Earnings / Revenue 3.6% 2.83% 3.22%
Basic Earnings Per Share $0.45 $0.35 $0.39
Diluted Earnings Per Share $0.45 $0.35 $0.39
COMMON SHARES
Basic Shares Outstanding 10.65M shares 10.68M shares 10.67M shares
Diluted Shares Outstanding 10.71M shares

Balance Sheet

Concept 2020 Q1 2019 Q1 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.300M $9.200M $7.300M
YoY Change -53.26% 92.11%
Cash & Equivalents $4.277M $9.199M $7.300M
Short-Term Investments
Other Short-Term Assets $4.900M $5.200M $5.700M
YoY Change -5.77% 128.0%
Inventory $54.44M $60.48M $67.67M
Prepaid Expenses
Receivables $67.39M $63.97M $61.43M
Other Receivables $0.00 $500.0K $100.0K
Total Short-Term Assets $131.0M $139.4M $142.2M
YoY Change -6.01% 6.86%
LONG-TERM ASSETS
Property, Plant & Equipment $126.3M $118.6M $117.6M
YoY Change 6.5% -5.99%
Goodwill $58.44M $58.44M $58.44M
YoY Change 0.0% -40.1%
Intangibles $60.65M $65.73M $66.99M
YoY Change -7.72% -7.73%
Long-Term Investments
YoY Change
Other Assets $3.770M $3.396M $3.226M
YoY Change 11.01% 32.43%
Total Long-Term Assets $258.3M $246.2M $246.3M
YoY Change 4.92% -17.27%
TOTAL ASSETS
Total Short-Term Assets $131.0M $139.4M $142.2M
Total Long-Term Assets $258.3M $246.2M $246.3M
Total Assets $389.3M $385.6M $388.4M
YoY Change 0.97% -9.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.13M $29.31M $29.27M
YoY Change 16.43% 4.25%
Accrued Expenses $15.10M $12.50M $10.10M
YoY Change 20.8% 23.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.907M $9.907M $9.907M
YoY Change 0.0% 0.44%
Total Short-Term Liabilities $62.22M $55.40M $53.08M
YoY Change 12.32% 9.34%
LONG-TERM LIABILITIES
Long-Term Debt $49.75M $74.66M $80.64M
YoY Change -33.36% -22.64%
Other Long-Term Liabilities $1.114M $5.695M $4.554M
YoY Change -80.44% 25.32%
Total Long-Term Liabilities $50.87M $80.35M $85.19M
YoY Change -36.7% -21.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $62.22M $55.40M $53.08M
Total Long-Term Liabilities $50.87M $80.35M $85.19M
Total Liabilities $155.8M $167.7M $170.9M
YoY Change -7.09% -8.82%
SHAREHOLDERS EQUITY
Retained Earnings $182.9M $164.4M $163.1M
YoY Change 11.28% -13.89%
Common Stock $50.62M $53.14M $54.01M
YoY Change -4.75% 0.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $233.5M $217.9M $217.5M
YoY Change
Total Liabilities & Shareholders Equity $389.3M $385.6M $388.4M
YoY Change 0.97% -9.82%

Cashflow Statement

Concept 2020 Q1 2019 Q1 2018 Q4
OPERATING ACTIVITIES
Net Income $4.763M $3.771M $4.130M
YoY Change 26.31% -75.91%
Depreciation, Depletion And Amortization $5.400M $5.360M $5.390M
YoY Change 0.75% -2.36%
Cash From Operating Activities $13.91M $16.96M $6.170M
YoY Change -17.98% -62.45%
INVESTING ACTIVITIES
Capital Expenditures -$5.120M -$5.410M -$3.000M
YoY Change -5.36% -54.61%
Acquisitions
YoY Change
Other Investing Activities $20.00K $110.0K $60.00K
YoY Change -81.82% -25.0%
Cash From Investing Activities -$5.100M -$5.300M -$2.940M
YoY Change -3.77% -55.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.79M -9.760M 20.00K
YoY Change 20.8% -100.23%
NET CHANGE
Cash From Operating Activities 13.91M 16.96M 6.170M
Cash From Investing Activities -5.100M -5.300M -2.940M
Cash From Financing Activities -11.79M -9.760M 20.00K
Net Change In Cash -2.980M 1.900M 3.250M
YoY Change -256.84% 218.63%
FREE CASH FLOW
Cash From Operating Activities $13.91M $16.96M $6.170M
Capital Expenditures -$5.120M -$5.410M -$3.000M
Free Cash Flow $19.03M $22.37M $9.170M
YoY Change -14.93% -60.2%

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CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1371000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1405000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
220000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-9177000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
202247000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7270000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2010000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019 hwkn Shares Surrendered During Period For Payroll Taxes Value
SharesSurrenderedDuringPeriodForPayrollTaxesValue
266000 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1338000 USD
CY2019 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
4352000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-279000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
24433000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
217861000 USD
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9825000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2273000 USD
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2020 hwkn Shares Surrendered During Period For Payroll Taxes Value
SharesSurrenderedDuringPeriodForPayrollTaxesValue
343000 USD
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1400000 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
5853000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-396000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
28367000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
233484000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
28367000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
24433000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-9177000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21584000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21756000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22390000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2033000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
CY2018 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
93000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
122000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
136000 USD
CY2020 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
-233000 USD
CY2019 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
73000 USD
CY2018 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
92000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
39116000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1421000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-607000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-14757000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2273000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
2010000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
1371000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-563000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-415000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
46000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3387000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
487000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6164000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6045000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
746000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8487000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4228000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4137000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4157000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
663000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4752000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1674000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
2025000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
586000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2116000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1711000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
933000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1564000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1061000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58902000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47990000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27349000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24549000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12618000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19703000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
346000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
275000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
364000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24203000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12343000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19339000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9825000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11975000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9161000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1400000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1338000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1405000 USD
CY2020 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
343000 USD
CY2019 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
266000 USD
CY2018 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
0 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
5853000 USD
CY2019 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
4352000 USD
CY2018 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
183000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4990000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6861000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4277000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9199000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4990000 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
85000000 USD
CY2018 us-gaap Repayments Of Debt
RepaymentsOfDebt
8125000 USD
CY2020 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
44000000 USD
CY2019 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
24000000 USD
CY2018 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
21000000 USD
CY2020 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
19000000 USD
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
93000000 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
27000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39621000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31438000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9881000 USD
CY2020 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4922000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4209000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1871000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9199000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11415000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7589000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10232000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
2413000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
3160000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
3025000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1041000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
495000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
468000 USD
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2020 us-gaap Fiscal Period
FiscalPeriod
Our fiscal year is a 52 or 53-week year ending on the Sunday closest to March 31. Our fiscal years ended March 29, 2020 (“fiscal 2020”), March 31, 2019 (“fiscal 2019”) and April 1, 2018 (“fiscal 2018”) were 52 weeks. The fiscal year ending March 28, 2021 (“fiscal 2021”) will also be 52 weeks.
CY2020 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, particularly receivables, inventories, property, plant and equipment, right-of-use assets, goodwill, intangibles, accrued expenses, short-term and long-term lease liability, income taxes and related accounts and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2020Q1 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.72
CY2020Q1 us-gaap Percentage Of Fifo Inventory
PercentageOfFIFOInventory
0.28
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
600000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
39100000 USD
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10579989 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10654887 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10607422 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
74411 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
71289 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
36297 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10654400 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10726176 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10643719 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018 us-gaap Taxes Other
TaxesOther
100000 USD
CY2020 us-gaap Revenues
Revenues
540198000 USD
CY2019 us-gaap Revenues
Revenues
556326000 USD
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-400000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-300000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
300000 USD
CY2020Q1 us-gaap Assets Held For Sale Long Lived Fair Value Disclosure
AssetsHeldForSaleLongLivedFairValueDisclosure
900000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
60090000 USD
CY2019Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
65526000 USD
CY2020Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
5654000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2019Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
5044000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
54436000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
60482000 USD
CY2020Q1 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
43300000 USD
CY2019Q1 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
45200000 USD
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2020Q1 us-gaap Goodwill
Goodwill
58440000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
58440000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
58440000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
88076000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
59426000 USD
CY2020Q1 hwkn Intangible Assets Gross Carrying Amount
IntangibleAssetsGrossCarryingAmount
89303000 USD
CY2020Q1 hwkn Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
28650000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
60653000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
88076000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23577000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
64499000 USD
CY2019Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2019Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2019Q1 hwkn Intangible Assets Gross Carrying Amount
IntangibleAssetsGrossCarryingAmount
89303000 USD
CY2019Q1 hwkn Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
23577000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
65726000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5100000 USD
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5500000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5700000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5028000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4891000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4891000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4891000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4891000 USD
CY2018Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000 USD
CY2018Q4 hwkn Revolving Loan Facility Letterof Credit
RevolvingLoanFacilityLetterofCredit
5000000.0 USD
CY2018Q4 hwkn Revolving Loan Facility Swingline Subfacility
RevolvingLoanFacilitySwinglineSubfacility
15000000.0 USD
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
91000000.0 USD
CY2020Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.023
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
200000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
300000 USD
CY2020Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
800000 shares
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5900000 USD
CY2020Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
342000 USD
CY2019Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
435000 USD
CY2020Q1 hwkn Totaldebtnetofdebtissuancecosts
Totaldebtnetofdebtissuancecosts
59658000 USD
CY2019Q1 hwkn Totaldebtnetofdebtissuancecosts
Totaldebtnetofdebtissuancecosts
84565000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
9907000 USD
CY2019Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
9907000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
49751000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
74658000 USD
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4400000 USD
CY2020Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
358797 shares
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
631000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
899000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
779000 USD
CY2020 hwkn Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
2399000 USD
CY2019 hwkn Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
2390000 USD
CY2018 hwkn Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
2143000 USD
CY2020 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
631000 USD
CY2019 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
899000 USD
CY2018 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
779000 USD
CY2020 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
1262000 USD
CY2019 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
1246000 USD
CY2018 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
1258000 USD
CY2020 hwkn Employee Stock Purchase Plans Espp Compensation Expense
EmployeeStockPurchasePlansESPPCompensationExpense
431000 USD
CY2019 hwkn Employee Stock Purchase Plans Espp Compensation Expense
EmployeeStockPurchasePlansESPPCompensationExpense
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