$ICFI
ICF International, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021023591 Filed on May 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $378.5M $358.2M
YoY Change 5.65% 4.98%
Cost Of Revenue $232.1M $230.6M
YoY Change 0.65% 6.81%
Gross Profit $146.4M $127.6M
YoY Change 14.73% 1.84%
Gross Profit Margin 38.68% 35.62%
Selling, General & Admin $110.0M $103.3M
YoY Change 6.49% 7.05%
% of Gross Profit 75.14% 80.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.285M $8.032M
YoY Change 3.15% 16.46%
% of Gross Profit 5.66% 6.29%
Operating Expenses $118.3M $111.3M
YoY Change 6.26% 7.63%
Operating Profit $28.13M $16.32M
YoY Change 72.37% -25.45%
Interest Expense $2.683M $3.525M
YoY Change -23.89% 43.7%
% of Operating Profit 9.54% 21.6%
Other Income/Expense, Net -$417.0K $190.0K
YoY Change -319.47% -146.12%
Pretax Income $25.03M $12.98M
YoY Change 92.77% -31.75%
Income Tax $6.700M $2.400M
% Of Pretax Income 26.77% 18.48%
Net Earnings $18.35M $10.61M
YoY Change 72.93% -30.72%
Net Earnings / Revenue 4.85% 2.96%
Basic Earnings Per Share $0.97 $0.56
Diluted Earnings Per Share $0.96 $0.55
COMMON SHARES
Basic Shares Outstanding 18.89M 18.84M
Diluted Shares Outstanding 19.12M 19.20M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.600M $58.70M
YoY Change -85.35% 929.82%
Cash & Equivalents $8.592M $58.66M
Short-Term Investments
Other Short-Term Assets $64.30M $19.90M
YoY Change 223.12% 28.39%
Inventory
Prepaid Expenses
Receivables $214.3M $238.5M
Other Receivables $0.00 $10.30M
Total Short-Term Assets $451.4M $478.9M
YoY Change -5.74% 19.81%
LONG-TERM ASSETS
Property, Plant & Equipment $179.5M $207.3M
YoY Change -13.41% 16.13%
Goodwill $905.2M
YoY Change
Intangibles $70.05M
YoY Change
Long-Term Investments
YoY Change
Other Assets $32.60M $22.60M
YoY Change 44.25% 0.44%
Total Long-Term Assets $1.179B $1.205B
YoY Change -2.13% 26.2%
TOTAL ASSETS
Total Short-Term Assets $451.4M $478.9M
Total Long-Term Assets $1.179B $1.205B
Total Assets $1.631B $1.684B
YoY Change -3.16% 24.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $90.90M $92.80M
YoY Change -2.05% 6.67%
Accrued Expenses $236.4M $157.7M
YoY Change 49.9% -0.32%
Deferred Revenue $43.59M $29.32M
YoY Change 48.68% -18.42%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $10.00M
YoY Change 0.0%
Total Short-Term Liabilities $383.3M $289.9M
YoY Change 32.23% 3.1%
LONG-TERM LIABILITIES
Long-Term Debt $314.5M $507.0M
YoY Change -37.98% 118.23%
Other Long-Term Liabilities $144.8M $27.92M
YoY Change 418.61% 23.86%
Total Long-Term Liabilities $314.5M $534.9M
YoY Change -41.21% 109.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $383.3M $289.9M
Total Long-Term Liabilities $314.5M $534.9M
Total Liabilities $879.5M $993.3M
YoY Change -11.45% 43.53%
SHAREHOLDERS EQUITY
Retained Earnings $552.3M
YoY Change 10.65%
Common Stock $350.7M
YoY Change 6.01%
Preferred Stock
YoY Change
Treasury Stock (at cost) $189.0M
YoY Change 21.85%
Treasury Stock Shares $4.279M
Shareholders Equity $751.2M $690.8M
YoY Change
Total Liabilities & Shareholders Equity $1.631B $1.684B
YoY Change -3.16% 24.32%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $18.35M $10.61M
YoY Change 72.93% -30.72%
Depreciation, Depletion And Amortization $8.285M $8.032M
YoY Change 3.15% 16.46%
Cash From Operating Activities $4.961M -$15.23M
YoY Change -132.57% 20.05%
INVESTING ACTIVITIES
Capital Expenditures -$3.600M -$4.700M
YoY Change -23.4% -37.33%
Acquisitions $253.0M
YoY Change 13809.9%
Other Investing Activities -$253.0M
YoY Change 13955.56%
Cash From Investing Activities -$3.595M -$257.7M
YoY Change -98.61% 2654.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $174.7M $389.8M
YoY Change -55.19% 196.76%
Cash From Financing Activities -33.28M 325.9M
YoY Change -110.21% 2156.12%
NET CHANGE
Cash From Operating Activities 4.961M -15.23M
Cash From Investing Activities -3.595M -257.7M
Cash From Financing Activities -33.28M 325.9M
Net Change In Cash -31.16M 52.18M
YoY Change -159.73% -815.07%
FREE CASH FLOW
Cash From Operating Activities $4.961M -$15.23M
Capital Expenditures -$3.600M -$4.700M
Free Cash Flow $8.561M -$10.53M
YoY Change -181.29% 103.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
68146000
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
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CY2021Q1 us-gaap Lessee Operating Lease Existence Of Option To Extend
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CY2021Q1 us-gaap Lessee Operating Lease Existence Of Option To Terminate
LesseeOperatingLeaseExistenceOfOptionToTerminate
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CY2021Q1 us-gaap Lessee Operating Lease Existence Of Residual Value Guarantee
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CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y9M18D
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021Q1 icfi Amortization Of Intangible Asset
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CY2021Q1 us-gaap Operating Expenses
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CY2020Q1 us-gaap Operating Expenses
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CY2021Q1 us-gaap Operating Income Loss
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CY2020Q1 us-gaap Operating Income Loss
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CY2021Q1 us-gaap Interest Expense
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CY2020Q1 us-gaap Interest Expense
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CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Increase Decrease In Accounts Payable
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CY2020Q1 us-gaap Increase Decrease In Accounts Payable
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CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
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CY2020Q1 us-gaap Increase Decrease In Employee Related Liabilities
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CY2021Q1 icfi Increase Decrease In Accrued Subcontractor And Other Direct Costs
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CY2020Q1 icfi Increase Decrease In Accrued Subcontractor And Other Direct Costs
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CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2021Q1 icfi Facilities Consolidation Reserve
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CY2020Q1 icfi Facilities Consolidation Reserve
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CY2021Q1 us-gaap Amortization Of Financing Costs
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CY2020Q1 us-gaap Amortization Of Financing Costs
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CY2021Q1 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2021Q1 us-gaap Other Noncash Income Expense
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CY2020Q1 us-gaap Other Noncash Income Expense
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CY2021Q1 us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
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CY2020Q1 us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
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CY2021Q1 us-gaap Increase Decrease In Receivables
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CY2020Q1 us-gaap Increase Decrease In Receivables
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CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020Q1 us-gaap Payments To Acquire Productive Assets
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CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021Q1 icfi Repayments Of Restricted Contract Funds
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CY2020Q1 us-gaap Payments Of Debt Issuance Costs
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CY2021Q1 us-gaap Proceeds From Stock Options Exercised
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CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2020Q1 us-gaap Payments Of Dividends Common Stock
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CY2021Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
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CY2020Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
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CY2021Q1 icfi Payments On Business Acquisition Liabilities
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q1 us-gaap Income Taxes Paid
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CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Areas of the consolidated financial statements where estimates may have the most significant effect include contractual and regulatory reserves, valuation and lives of tangible and intangible assets, contingent consideration related to business acquisitions, impairment of goodwill and long-lived assets, accrued liabilities, revenue recognition and costs to complete fixed-price contracts, bonus and other incentive compensation, stock-based compensation, reserves for tax benefits and valuation allowances on deferred tax assets, provisions for income taxes, collectability of receivables, and loss accruals for litigation. Actual results experienced by the Company may differ from management's estimates.</p>
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2021Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.13%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has reclassified non-cash lease expense, previously part of “Other adjustments, net,” on the consolidated statements of cash flows for the three months ended March 31, 2020 for consistency of presentation.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.13%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p>
CY2020Q4 us-gaap Restricted Cash
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CY2021Q1 us-gaap Lessee Operating Lease Option To Extend
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CY2021Q1 us-gaap Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
options to terminate the leases within 1 year
CY2021Q1 us-gaap Lessee Operating Lease Residual Value Guarantee Description
LesseeOperatingLeaseResidualValueGuaranteeDescription
The leases may include a residual value guarantee or a responsibility to return the property to its original state of use.
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CY2020Q1 us-gaap Short Term Lease Cost
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CY2021Q1 icfi Variable Lease Cost Benefit
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CY2020Q1 icfi Variable Lease Cost Benefit
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CY2021Q1 us-gaap Lease Cost
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CY2020Q1 us-gaap Lease Cost
LeaseCost
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2021Q1 us-gaap Operating Lease Liability
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CY2021Q1 us-gaap Operating Lease Liability Noncurrent
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CY2021Q1 us-gaap Operating Lease Liability
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CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
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OperatingLeasePayments
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CY2021Q1 icfi Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
115300000
CY2021Q1 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P18Y
CY2021Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0188
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
326863000
CY2020 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0235
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
315781000
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2412000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2567000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
324451000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
313214000
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
314451000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
303214000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
324451000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
313214000
CY2020Q1 icfi Credit Facility Syndication Number Of Commercial Banks
CreditFacilitySyndicationNumberOfCommercialBanks
10
CY2020Q1 icfi Line Of Credit Facility Swing Line Commitment Amount
LineOfCreditFacilitySwingLineCommitmentAmount
25000000.0
CY2020Q1 icfi Line Of Credit Facility Additional Revolving Credit Commitments Under Existing Loan Facility
LineOfCreditFacilityAdditionalRevolvingCreditCommitmentsUnderExistingLoanFacility
300000000.0
CY2021Q1 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2025-03-03
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
60000000.0
CY2020Q1 icfi Line Of Credit Facility Interest Coverage Ratio Covenant
LineOfCreditFacilityInterestCoverageRatioCovenant
3.00
CY2020Q1 icfi Line Of Credit Facility Leverage Ratio Covenant
LineOfCreditFacilityLeverageRatioCovenant
4.00
CY2020Q1 icfi Line Of Credit Facility Leverage Ratio Covenant Increase Pursuant To Permitted Acquisitions
LineOfCreditFacilityLeverageRatioCovenantIncreasePursuantToPermittedAcquisitions
4.25
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
326900000
CY2021Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3300000
CY2021Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
6700000
CY2021Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
459900000
CY2021Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
265500000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
10000000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
10000000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
15000000
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
291863000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
378478000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
358238000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
378478000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
358238000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
378478000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
358238000
CY2021Q1 icfi Change In Contract With Customer Assets Liabilities Net Current
ChangeInContractWithCustomerAssetsLiabilitiesNetCurrent
19200000
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
15100000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17300000
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
164155000
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
143369000
CY2021Q1 icfi Change In Contract With Customer Asset Net Current
ChangeInContractWithCustomerAssetNetCurrent
20786000
CY2021Q1 icfi Percentage Of Change In Contract With Customer Asset Net Current
PercentageOfChangeInContractWithCustomerAssetNetCurrent
0.145
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
43589000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
42050000
CY2021Q1 icfi Change In Contract With Customer Liability Current
ChangeInContractWithCustomerLiabilityCurrent
1539000
CY2021Q1 icfi Percentage Of Change In Contract With Customer Liability Current
PercentageOfChangeInContractWithCustomerLiabilityCurrent
0.037
CY2021Q1 icfi Contract With Customer Assets Liabilities Net Current
ContractWithCustomerAssetsLiabilitiesNetCurrent
120566000
CY2020Q4 icfi Contract With Customer Assets Liabilities Net Current
ContractWithCustomerAssetsLiabilitiesNetCurrent
101319000
CY2021Q1 icfi Change In Contract With Customer Assets Liabilities Net Current
ChangeInContractWithCustomerAssetsLiabilitiesNetCurrent
19247000
CY2021Q1 icfi Percentage Of Change In Contract With Customer Assets Liabilities Net Current
PercentageOfChangeInContractWithCustomerAssetsLiabilitiesNetCurrent
0.190
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1600000000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
700000
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
700000
CY2020Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2021Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
700000
CY2021Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-3700000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
18351000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
746961000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
18351000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2780000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3275000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
87000
CY2021Q1 icfi Net Payments For Stock Holder Issuance And Buy Backs Shares Value
NetPaymentsForStockHolderIssuanceAndBuyBacksSharesValue
-17580000
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2641000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
751233000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
714551000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10612000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11123000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3826000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
37000
CY2020Q1 icfi Net Payments For Stock Holder Issuance And Buy Backs Shares Value
NetPaymentsForStockHolderIssuanceAndBuyBacksSharesValue
-23998000
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2636000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
690756000
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6100000
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5100000
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10327
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
233000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
357000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10612000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18885000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18840000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19118000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19197000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2021Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0
CY2021Q1 icfi Line Of Credit Facility Condition For Unlimited Share Repurchases Leverage Ratio
LineOfCreditFacilityConditionForUnlimitedShareRepurchasesLeverageRatio
3.50
CY2021Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
12800000
CY2021Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
151200
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
16600000
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
206820
CY2020Q3 icfi Community Development Related To Claim
CommunityDevelopmentRelatedToClaim
220200000

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