2019 Q3 Form 10-K Financial Statement
#000121390020031279 Filed on October 14, 2020
Income Statement
| Concept | 2019 Q3 | 2019 |
|---|---|---|
| Revenue | $356.1M | $1.409B |
| YoY Change | -9.3% | -8.94% |
| Cost Of Revenue | $295.4M | $1.174B |
| YoY Change | -9.14% | -10.11% |
| Gross Profit | $60.80M | $235.2M |
| YoY Change | -9.94% | -2.61% |
| Gross Profit Margin | 17.07% | 16.69% |
| Selling, General & Admin | $53.40M | $204.4M |
| YoY Change | 5.33% | 0.52% |
| % of Gross Profit | 87.83% | 86.89% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $5.750M | $22.63M |
| YoY Change | 2.86% | -0.75% |
| % of Gross Profit | 9.46% | 9.62% |
| Operating Expenses | $66.40M | $204.4M |
| YoY Change | 16.9% | -10.56% |
| Operating Profit | -$1.179M | $30.83M |
| YoY Change | -111.26% | 137.18% |
| Interest Expense | $1.500M | $1.900M |
| YoY Change | -314.29% | -272.73% |
| % of Operating Profit | 6.16% | |
| Other Income/Expense, Net | $0.00 | -$400.0K |
| YoY Change | -100.0% | -150.0% |
| Pretax Income | -$5.100M | $500.0K |
| YoY Change | -148.57% | -93.83% |
| Income Tax | -$1.900M | $100.0K |
| % Of Pretax Income | 20.0% | |
| Net Earnings | $1.574M | $100.0K |
| YoY Change | -80.9% | -97.62% |
| Net Earnings / Revenue | 0.44% | 0.01% |
| Basic Earnings Per Share | $0.06 | |
| Diluted Earnings Per Share | $0.06 | $3.953K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 Q3 | 2019 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $88.40M | $88.40M |
| YoY Change | 11.06% | 11.06% |
| Cash & Equivalents | $80.20M | $80.20M |
| Short-Term Investments | $8.200M | $8.200M |
| Other Short-Term Assets | $222.0M | $222.0M |
| YoY Change | 24.3% | 24.3% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $58.10M | $58.10M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $368.5M | $368.5M |
| YoY Change | 12.04% | 12.04% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $34.40M | $34.40M |
| YoY Change | -4.71% | -4.71% |
| Goodwill | $11.21M | |
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $9.300M | $9.300M |
| YoY Change | 40.91% | 40.91% |
| Other Assets | $16.20M | $16.20M |
| YoY Change | 0.0% | 0.0% |
| Total Long-Term Assets | $75.20M | $75.20M |
| YoY Change | 6.36% | 6.36% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $368.5M | $368.5M |
| Total Long-Term Assets | $75.20M | $75.20M |
| Total Assets | $443.7M | $443.7M |
| YoY Change | 11.04% | 11.04% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $37.10M | $37.10M |
| YoY Change | -19.17% | -19.17% |
| Accrued Expenses | $127.8M | $111.9M |
| YoY Change | -1.84% | -14.06% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $389.1M | $389.1M |
| YoY Change | 6.02% | 6.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $1.100M | $1.100M |
| YoY Change | -15.38% | -15.38% |
| Total Long-Term Liabilities | $1.100M | $1.100M |
| YoY Change | -15.38% | -15.38% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $389.1M | $389.1M |
| Total Long-Term Liabilities | $1.100M | $1.100M |
| Total Liabilities | $387.5M | $387.5M |
| YoY Change | 5.04% | 5.04% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $56.20M | $56.20M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $443.7M | $443.7M |
| YoY Change | 11.04% | 11.04% |
Cashflow Statement
| Concept | 2019 Q3 | 2019 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.574M | $100.0K |
| YoY Change | -80.9% | -97.62% |
| Depreciation, Depletion And Amortization | $5.750M | $22.63M |
| YoY Change | 2.86% | -0.75% |
| Cash From Operating Activities | $37.79M | $85.14M |
| YoY Change | 96.11% | 317.56% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.960M | -$18.68M |
| YoY Change | 7.83% | -9.19% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$7.270M | -$7.490M |
| YoY Change | -262.28% | -139.57% |
| Cash From Investing Activities | -$12.22M | -$26.17M |
| YoY Change | 10083.33% | 1495.73% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -350.0K | 7.220M |
| YoY Change | -92.24% | -127.18% |
| NET CHANGE | ||
| Cash From Operating Activities | 37.79M | 85.14M |
| Cash From Investing Activities | -12.22M | -26.17M |
| Cash From Financing Activities | -350.0K | 7.220M |
| Net Change In Cash | 25.22M | 66.19M |
| YoY Change | 72.27% | -947.5% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $37.79M | $85.14M |
| Capital Expenditures | -$4.960M | -$18.68M |
| Free Cash Flow | $42.75M | $103.8M |
| YoY Change | 79.1% | 153.47% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
214846000 | USD |
| CY2019 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
204366000 | USD |
| CY2020Q1 | dei |
Entity Public Float
EntityPublicFloat
|
145900000 | USD |
| CY2020 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
2468000 | USD |
| CY2019 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
1942000 | USD |
| CY2020 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2020 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2019 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2019 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
| CY2020 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2020 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
| CY2019Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2020Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2019Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2019Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2019Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2019 | idt |
Noncontrolling Interest Increase Decrease From Correction
NoncontrollingInterestIncreaseDecreaseFromCorrection
|
USD | |
| CY2019 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
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| CY2019 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
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| CY2020 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
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|
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Incremental Common Shares Attributable To Call Options And Warrants
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|
shares | |
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Lessee Operating Lease Liability Payments Due After Rolling Year Five
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|
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Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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|
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Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
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Available For Sale Securities Continuous Unrealized Loss Position Fair Value
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Adoption Of Change In Accounting For Equity Investments
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Equity Securities Without Readily Determinable Fair Value Other Upward Price Adjustment Annual Amount
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Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
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Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
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Equity Securities Fv Ni Recognized Gain Loss Net On Equity Securities Sold
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Equity Securities Fv Ni Recognized Gain Loss Net On Equity Securities Sold
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Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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|
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| CY2020 | idt |
Amount Of Change In Unrealized Gains Or Losses Included In Earnings For Assets Held At End Of Period
AmountOfChangeInUnrealizedGainsOrLossesIncludedInEarningsForAssetsHeldAtEndOfPeriod
|
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| CY2019 | idt |
Amount Of Change In Unrealized Gains Or Losses Included In Earnings For Assets Held At End Of Period
AmountOfChangeInUnrealizedGainsOrLossesIncludedInEarningsForAssetsHeldAtEndOfPeriod
|
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Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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|
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| CY2019 | idt |
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|
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Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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Amount Of Change In Unrealized Gains Or Losses Included In Earnings For Liabilities Held At End Of Period
AmountOfChangeInUnrealizedGainsOrLossesIncludedInEarningsForLiabilitiesHeldAtEndOfPeriod
|
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| CY2019 | idt |
Amount Of Change In Unrealized Gains Or Losses Included In Earnings For Liabilities Held At End Of Period
AmountOfChangeInUnrealizedGainsOrLossesIncludedInEarningsForLiabilitiesHeldAtEndOfPeriod
|
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| CY2019 | idt |
Writeoff Of Assets
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|
USD | |
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Accrual For Legal Matter
AccrualForLegalMatter
|
USD | |
| CY2020 | idt |
Sale Of Calling Card Business In Asia
SaleOfCallingCardBusinessInAsia
|
USD | |
| CY2019 | idt |
Writeoff Of Tax Assets Related To Prior Periods
WriteoffOfTaxAssetsRelatedToPriorPeriods
|
USD | |
| CY2020Q3 | us-gaap |
Deferred Tax Assets Other
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|
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Current Federal Tax Expense Benefit
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| CY2020 | idt |
Income Tax Reconciliation Transition Tax On Foreign Earnings
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Income Tax Reconciliation Tax Law Changes
IncomeTaxReconciliationTaxLawChanges
|
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Valuation Allowances And Reserves Charged To Cost And Expense
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|
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Valuation Allowances And Reserves Charged To Cost And Expense
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|
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| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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|
||
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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|
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Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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