2020 Q1 Form 10-K Financial Statement

#000004625021000019 Filed on June 02, 2021

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1 2019
Revenue $132.4M $133.1M $556.3M
YoY Change -0.48% 10.35%
Cost Of Revenue $109.8M $112.4M $460.4M
YoY Change -2.31% 10.3%
Gross Profit $22.65M $20.67M $95.94M
YoY Change 9.55% 10.58%
Gross Profit Margin 17.1% 15.54% 17.24%
Selling, General & Admin $14.89M $14.89M $59.12M
YoY Change 0.03% -0.48%
% of Gross Profit 65.75% 72.0% 61.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.400M $5.360M $21.76M
YoY Change 0.75% -2.83%
% of Gross Profit 23.84% 25.93% 22.68%
Operating Expenses $14.89M $14.89M $59.12M
YoY Change 0.03% -0.48%
Operating Profit $7.757M $5.788M $36.82M
YoY Change 34.02% -413.1%
Interest Expense -$500.0K -$800.0K -$3.400M
YoY Change -37.5% 3.03%
% of Operating Profit -6.45% -13.82% -9.23%
Other Income/Expense, Net -$500.0K $300.0K $73.00K
YoY Change -266.67% -19.78%
Pretax Income $6.800M $5.300M $33.53M
YoY Change 28.3% -322.41%
Income Tax $2.000M $1.500M $9.097M
% Of Pretax Income 29.41% 28.3% 27.13%
Net Earnings $4.763M $3.771M $24.43M
YoY Change 26.31% -366.24%
Net Earnings / Revenue 3.6% 2.83% 4.39%
Basic Earnings Per Share $0.45 $0.35 $1.15
Diluted Earnings Per Share $0.45 $0.35 $1.14
COMMON SHARES
Basic Shares Outstanding 10.65M shares 10.68M shares 21.31M shares
Diluted Shares Outstanding 21.45M shares

Balance Sheet

Concept 2020 Q1 2019 Q1 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.300M $9.200M $9.200M
YoY Change -53.26% 84.0%
Cash & Equivalents $4.277M $9.199M $9.200M
Short-Term Investments
Other Short-Term Assets $4.900M $5.200M $5.200M
YoY Change -5.77% 26.83%
Inventory $54.44M $60.48M $60.50M
Prepaid Expenses
Receivables $67.39M $63.97M $64.00M
Other Receivables $0.00 $500.0K $500.0K
Total Short-Term Assets $131.0M $139.4M $139.4M
YoY Change -6.01% 3.26%
LONG-TERM ASSETS
Property, Plant & Equipment $126.3M $118.6M $118.6M
YoY Change 6.5% -4.2%
Goodwill $58.44M $58.44M
YoY Change 0.0%
Intangibles $60.65M $65.73M
YoY Change -7.72%
Long-Term Investments
YoY Change
Other Assets $3.770M $3.396M $3.400M
YoY Change 11.01% 30.77%
Total Long-Term Assets $258.3M $246.2M $246.2M
YoY Change 4.92% -3.83%
TOTAL ASSETS
Total Short-Term Assets $131.0M $139.4M $139.4M
Total Long-Term Assets $258.3M $246.2M $246.2M
Total Assets $389.3M $385.6M $385.6M
YoY Change 0.97% -1.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.13M $29.31M $29.30M
YoY Change 16.43% -12.28%
Accrued Expenses $15.10M $12.50M $12.50M
YoY Change 20.8% 48.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.907M $9.907M $9.900M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $62.22M $55.40M $55.40M
YoY Change 12.32% -8.58%
LONG-TERM LIABILITIES
Long-Term Debt $49.75M $74.66M $74.70M
YoY Change -33.36% -17.73%
Other Long-Term Liabilities $1.114M $5.695M $11.00M
YoY Change -80.44% 10.0%
Total Long-Term Liabilities $50.87M $80.35M $85.70M
YoY Change -36.7% -14.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $62.22M $55.40M $55.40M
Total Long-Term Liabilities $50.87M $80.35M $85.70M
Total Liabilities $155.8M $167.7M $167.7M
YoY Change -7.09% -11.13%
SHAREHOLDERS EQUITY
Retained Earnings $182.9M $164.4M
YoY Change 11.28%
Common Stock $50.62M $53.14M
YoY Change -4.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $233.5M $217.9M $217.9M
YoY Change
Total Liabilities & Shareholders Equity $389.3M $385.6M $385.6M
YoY Change 0.97% -1.38%

Cashflow Statement

Concept 2020 Q1 2019 Q1 2019
OPERATING ACTIVITIES
Net Income $4.763M $3.771M $24.43M
YoY Change 26.31% -366.24%
Depreciation, Depletion And Amortization $5.400M $5.360M $21.76M
YoY Change 0.75% -2.83%
Cash From Operating Activities $13.91M $16.96M $47.99M
YoY Change -17.98% 75.47%
INVESTING ACTIVITIES
Capital Expenditures -$5.120M -$5.410M $12.62M
YoY Change -5.36% -35.96%
Acquisitions $0.00
YoY Change
Other Investing Activities $20.00K $110.0K $280.0K
YoY Change -81.82% -22.22%
Cash From Investing Activities -$5.100M -$5.300M -$12.34M
YoY Change -3.77% -36.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.338M
YoY Change -4.77%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.79M -9.760M -$31.44M
YoY Change 20.8% 218.17%
NET CHANGE
Cash From Operating Activities 13.91M 16.96M $47.99M
Cash From Investing Activities -5.100M -5.300M -$12.34M
Cash From Financing Activities -11.79M -9.760M -$31.44M
Net Change In Cash -2.980M 1.900M $4.209M
YoY Change -256.84% -324.96%
FREE CASH FLOW
Cash From Operating Activities $13.91M $16.96M $47.99M
Capital Expenditures -$5.120M -$5.410M $12.62M
Free Cash Flow $19.03M $22.37M $35.37M
YoY Change -14.93% 362.62%

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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
CY2021 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10029000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3343000 USD
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2021 hwkn Shares Surrendered During Period For Payroll Taxes Value
SharesSurrenderedDuringPeriodForPayrollTaxesValue
54000 USD
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1583000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
4140000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
79000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
40980000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
265246000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
40980000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
28367000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
24433000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22669000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21584000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21756000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1896000 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
CY2021 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
1440000 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
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-689000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1421000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-607000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
3343000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2273000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
2010000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-203000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-656000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-537000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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21323000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3387000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
487000 USD
CY2021 us-gaap Increase Decrease In Inventories
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7960000 USD
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6045000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
746000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2551000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4228000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4137000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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7554000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
663000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4752000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1837000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
2025000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-235000 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
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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1919000 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
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43793000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58902000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24203000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47990000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20794000 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
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
51000000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
362000 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
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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-71432000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12343000 USD
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10029000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9825000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11975000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1583000 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
CY2021 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
54000 USD
CY2020 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
343000 USD
CY2019 hwkn Shares Surrendured For Payroll Taxes
SharesSurrenduredForPayrollTaxes
266000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
4140000 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
5853000 USD
CY2019 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
4352000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
183000 USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
85000000 USD
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
37000000 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
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
76000000 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
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
26360000 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
CY2021 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1279000 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
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
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2998000 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
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15783000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11415000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7589000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1288000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
2413000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
3160000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
626000 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
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2021 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 28, 2021 (“fiscal 2021”), March 29, 2020 (“fiscal 2020”) and March 31, 2019 (“fiscal 2019”) were 52 weeks. The fiscal year ending April 3, 2022 (“fiscal 2022”) will be 53 weeks.
CY2021 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.
CY2021Q1 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.68
CY2021Q1 us-gaap Percentage Of Fifo Inventory
PercentageOfFIFOInventory
0.32
CY2021 us-gaap Depreciation
Depreciation
16800000 USD
CY2020 us-gaap Depreciation
Depreciation
16500000 USD
CY2019 us-gaap Depreciation
Depreciation
16300000 USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
200000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
600000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21024344 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21159978 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21309774 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
235952 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
148822 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
142578 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21260296 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21308800 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21452352 shares
CY2021 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
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Revenues
Revenues
596871000 USD
CY2020 us-gaap Revenues
Revenues
540198000 USD
CY2019 us-gaap Revenues
Revenues
556326000 USD
CY2021Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
20000000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
100000 USD
CY2021 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-400000 USD
CY2020 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
CY2021Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
69438000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
60090000 USD
CY2021Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
5574000 USD
CY2020Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
5654000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
63864000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
54436000 USD
CY2021Q1 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
46800000 USD
CY2020Q1 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
43300000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2020Q1 us-gaap Goodwill
Goodwill
58440000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
58440000 USD
CY2021 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
12280000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
70720000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
109631000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34490000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
75141000 USD
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
110858000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34490000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
76368000 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 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1227000 USD
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
89303000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28650000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
60653000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5800000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5500000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6235000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6159000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6112000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6112000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6012000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
44511000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
75141000 USD
CY2021Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000 USD
CY2021Q1 hwkn Revolving Loan Facility Letterof Credit
RevolvingLoanFacilityLetterofCredit
5000000.0 USD
CY2021Q1 hwkn Revolving Loan Facility Swingline Subfacility
RevolvingLoanFacilitySwinglineSubfacility
15000000.0 USD
CY2021Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.011
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
200000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
300000 USD
CY2021Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
248000 USD
CY2020Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
342000 USD
CY2021Q1 hwkn Totaldebtnetofdebtissuancecosts
Totaldebtnetofdebtissuancecosts
98752000 USD
CY2020Q1 hwkn Totaldebtnetofdebtissuancecosts
Totaldebtnetofdebtissuancecosts
59658000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
9907000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
9907000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
88845000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
49751000 USD
CY2021Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1600000 shares
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4100000 USD
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5900000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4400000 USD
CY2021Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
551506 shares
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
994000 USD
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
CY2021 hwkn Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
2650000 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
CY2021 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
994000 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
CY2021 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
1327000 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
CY2021 hwkn Employee Stock Purchase Plans Espp Compensation Expense
EmployeeStockPurchasePlansESPPCompensationExpense
556000 USD
CY2020 hwkn Employee Stock Purchase Plans Espp Compensation Expense
EmployeeStockPurchasePlansESPPCompensationExpense
431000 USD
CY2019 hwkn Employee Stock Purchase Plans Espp Compensation Expense
EmployeeStockPurchasePlansESPPCompensationExpense
376000 USD
CY2021 hwkn Profit Sharing Employee Stock Ownership Plan Employee Stock Purchase Plan And Defined Contribution Pension Plan Contribution Expense
ProfitSharingEmployeeStockOwnershipPlanEmployeeStockPurchasePlanAndDefinedContributionPensionPlanContributionExpense
7076000 USD
CY2020 hwkn Profit Sharing Employee Stock Ownership Plan Employee Stock Purchase Plan And Defined Contribution Pension Plan Contribution Expense
ProfitSharingEmployeeStockOwnershipPlanEmployeeStockPurchasePlanAndDefinedContributionPensionPlanContributionExpense
5835000 USD
CY2019 hwkn Profit Sharing Employee Stock Ownership Plan Employee Stock Purchase Plan And Defined Contribution Pension Plan Contribution Expense
ProfitSharingEmployeeStockOwnershipPlanEmployeeStockPurchasePlanAndDefinedContributionPensionPlanContributionExpense
6284000 USD
CY2021 hwkn Multi Employer Pension Plan Withdrawal Liability Payment Over Periodof Years
MultiEmployerPensionPlanWithdrawalLiabilityPaymentOverPeriodofYears
467000 USD
CY2021 hwkn Number Of Leases
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3 lease
CY2021 us-gaap Current Federal Tax Expense Benefit
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11169000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8447000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6956000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4391000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3563000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2748000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15560000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9704000 USD
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 hwkn Deferred Income Tax Expense Benefit Excluding Provisional Gain
DeferredIncomeTaxExpenseBenefitExcludingProvisionalGain
-689000 USD
CY2020 hwkn Deferred Income Tax Expense Benefit Excluding Provisional Gain
DeferredIncomeTaxExpenseBenefitExcludingProvisionalGain
-1421000 USD
CY2019 hwkn Deferred Income Tax Expense Benefit Excluding Provisional Gain
DeferredIncomeTaxExpenseBenefitExcludingProvisionalGain
-607000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14871000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10589000 USD
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IncomeTaxExpenseBenefit
9097000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.002
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
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0.003
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
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EffectiveIncomeTaxRateContinuingOperations
0.266
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.272
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EffectiveIncomeTaxRateContinuingOperations
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212000 USD
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1341000 USD
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728000 USD
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33337000 USD
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DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
1344000 USD
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1435000 USD
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3191000 USD
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2476000 USD
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0 USD
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DeferredTaxAssetsUnrealizedLossesOnTradingSecurities
29000 USD
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2882000 USD
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1982000 USD
CY2021Q1 us-gaap Deferred Tax Assets Gross
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8892000 USD
CY2020Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6862000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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2815000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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2231000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
864000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
843000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
11249000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10504000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
15269000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
15936000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3140000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
31968000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
24445000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
25106000 USD
CY2021 us-gaap Lessee Operating Lease Option To Extend
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15 years
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2800000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P9Y8M23D
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M23D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.027
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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1831000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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1707000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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1355000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1304000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1251000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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6280000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13728000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1910000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11818000 USD
CY2021 us-gaap Number Of Reportable Segments
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3 Segment
CY2021 hwkn Intersegment Sales
IntersegmentSales
0 USD
CY2021 hwkn Number Of Operating Segments Aggregated
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0 Segment
CY2021 us-gaap Revenues
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596871000 USD
CY2021 us-gaap Gross Profit
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123762000 USD
CY2021 us-gaap Selling General And Administrative Expense
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67884000 USD
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55878000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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20794000 USD
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540198000 USD
CY2020 us-gaap Gross Profit
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CY2020 us-gaap Selling General And Administrative Expense
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59246000 USD
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41671000 USD
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24549000 USD
CY2019 us-gaap Revenues
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556326000 USD
CY2019 us-gaap Gross Profit
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CY2019 us-gaap Selling General And Administrative Expense
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59118000 USD
CY2019 us-gaap Operating Income Loss
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36818000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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12618000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
784000 USD
CY2021 us-gaap Valuation Allowances And Reserves Adjustments
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0 USD
CY2021 us-gaap Valuation Allowances And Reserves Deductions
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287000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
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497000 USD
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AllowanceForDoubtfulAccountsReceivable
620000 USD
CY2020 us-gaap Valuation Allowances And Reserves Adjustments
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448000 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
284000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
784000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable
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942000 USD
CY2019 us-gaap Valuation Allowances And Reserves Adjustments
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92000 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
414000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
620000 USD

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