2020 Q3 Form 10-Q Financial Statement

#000143774920017064 Filed on August 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q2
Revenue $191.8M $182.5M $127.3M
YoY Change 55.07% 43.4% -4.02%
Cost Of Revenue $7.600M $7.600M $5.200M
YoY Change 58.33% 46.15% -18.75%
Gross Profit $184.2M $175.0M $122.1M
YoY Change 55.05% 43.33% -3.25%
Gross Profit Margin 96.05% 95.88% 95.93%
Selling, General & Admin $78.70M $72.40M $45.40M
YoY Change 84.31% 59.47% -6.58%
% of Gross Profit 42.73% 41.37% 37.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.90M $11.20M $7.400M
YoY Change 55.71% 51.35% 105.21%
% of Gross Profit 5.92% 6.4% 6.06%
Operating Expenses $170.2M $171.6M $108.7M
YoY Change 74.39% 57.88% -4.68%
Operating Profit $14.00M $11.75M $20.03M
YoY Change -33.96% -41.35% -0.62%
Interest Expense -$12.90M $13.14M $11.86M
YoY Change 21.7% 10.75% -8.15%
% of Operating Profit -92.14% 111.8% 59.21%
Other Income/Expense, Net $9.000M -$12.11M -$12.35M
YoY Change 800.0% -1.99% -8.03%
Pretax Income $2.900M -$359.0K $7.677M
YoY Change -6.45% -104.68% 14.21%
Income Tax $4.200M $368.0K $1.505M
% Of Pretax Income 144.83% 19.6%
Net Earnings -$1.784M -$1.275M $5.766M
YoY Change -317.83% -122.11% 29.34%
Net Earnings / Revenue -0.93% -0.7% 4.53%
Basic Earnings Per Share -$0.03 -$0.23 $0.10
Diluted Earnings Per Share -$0.03 -$0.23 $0.10
COMMON SHARES
Basic Shares Outstanding 58.36M 5.664M 55.64M
Diluted Shares Outstanding 5.664M 56.87M

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.70M $56.70M $13.50M
YoY Change 291.86% 320.0% -15.63%
Cash & Equivalents $33.73M $56.71M $13.52M
Short-Term Investments
Other Short-Term Assets $14.89M $19.98M $6.706M
YoY Change 178.12% 197.93% 19.58%
Inventory $7.534M $8.305M $3.258M
Prepaid Expenses
Receivables $52.60M $55.54M $47.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $108.8M $140.5M $71.25M
YoY Change 80.34% 97.24% -2.38%
LONG-TERM ASSETS
Property, Plant & Equipment $105.6M $111.6M $85.55M
YoY Change 28.73% 30.45% -18.22%
Goodwill $330.2M $313.9M $249.7M
YoY Change 31.92% 25.68% 1.34%
Intangibles $182.7M $206.2M $110.8M
YoY Change 70.1% 86.13% -10.64%
Long-Term Investments $27.62M $28.32M $28.93M
YoY Change -3.89% -2.11% 3.77%
Other Assets $13.70M $8.026M $1.470M
YoY Change 882.71% 445.99% -47.76%
Total Long-Term Assets $755.3M $761.8M $503.1M
YoY Change 52.62% 51.41% -5.39%
TOTAL ASSETS
Total Short-Term Assets $108.8M $140.5M $71.25M
Total Long-Term Assets $755.3M $761.8M $503.1M
Total Assets $864.1M $902.4M $574.4M
YoY Change 55.63% 57.1% -5.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.16M $19.45M $13.75M
YoY Change 2.47% 41.46% -22.58%
Accrued Expenses $44.28M $45.19M $17.49M
YoY Change 150.0% 158.33% -8.08%
Deferred Revenue $60.27M $59.29M $22.97M
YoY Change 177.49% 158.1%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.73M $36.71M $3.931M
YoY Change 364.9% 833.86% -78.16%
Total Short-Term Liabilities $144.0M $169.5M $69.15M
YoY Change 135.95% 145.14% -25.15%
LONG-TERM LIABILITIES
Long-Term Debt $524.6M $539.3M $442.0M
YoY Change 22.16% 22.0% -4.63%
Other Long-Term Liabilities $14.28M $12.21M $10.62M
YoY Change 6.04% 14.98% -3.54%
Total Long-Term Liabilities $538.8M $551.5M $452.6M
YoY Change 21.67% 21.84% -4.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $144.0M $169.5M $69.15M
Total Long-Term Liabilities $538.8M $551.5M $452.6M
Total Liabilities $893.7M $938.6M $595.9M
YoY Change 50.95% 57.5% -8.75%
SHAREHOLDERS EQUITY
Retained Earnings -$268.5M -$266.7M -$266.2M
YoY Change 1.17% 0.19% -7.18%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$31.56M -$38.15M -$23.05M
YoY Change
Total Liabilities & Shareholders Equity $864.1M $902.4M $574.4M
YoY Change 55.63% 57.1% -5.03%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$1.784M -$1.275M $5.766M
YoY Change -317.83% -122.11% 29.34%
Depreciation, Depletion And Amortization $10.90M $11.20M $7.400M
YoY Change 55.71% 51.35% 105.21%
Cash From Operating Activities $11.90M $27.30M $16.00M
YoY Change -14.39% 70.63% -26.94%
INVESTING ACTIVITIES
Capital Expenditures -$800.0K -$1.500M -$1.300M
YoY Change -61.9% 15.38% -27.78%
Acquisitions
YoY Change
Other Investing Activities $3.700M $100.0K $900.0K
YoY Change -562.5% -88.89% 28.57%
Cash From Investing Activities $2.900M -$1.400M -$400.0K
YoY Change -196.67% 250.0% -66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.80M 0.000 -18.70M
YoY Change 139.24% -100.0% 10.0%
NET CHANGE
Cash From Operating Activities 11.90M 27.30M 16.00M
Cash From Investing Activities 2.900M -1.400M -400.0K
Cash From Financing Activities -37.80M 0.000 -18.70M
Net Change In Cash -23.00M 25.90M -3.100M
YoY Change 369.39% -935.48% -183.78%
FREE CASH FLOW
Cash From Operating Activities $11.90M $27.30M $16.00M
Capital Expenditures -$800.0K -$1.500M -$1.300M
Free Cash Flow $12.70M $28.80M $17.30M
YoY Change -20.63% 66.47% -27.0%

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35377000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1027000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3702000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3309000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2730000 USD
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12108000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12354000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-43933000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-39579000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-359000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7677000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-90000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20739000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
368000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1505000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-92000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6175000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-727000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
6172000 USD
us-gaap Profit Loss
ProfitLoss
2000 USD
us-gaap Profit Loss
ProfitLoss
14564000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
548000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
406000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1322000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1115000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1275000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5766000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1320000 USD
us-gaap Net Income Loss
NetIncomeLoss
13449000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
317000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-122000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
950000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-365000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-958000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5644000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-370000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13084000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
-38484000 USD
CY2019Q4 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
-375000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
5320000 USD
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
545000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
452000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
135000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-32677000 USD
CY2020Q1 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
-199000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-5367000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
269000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
451000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
135000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-37658000 USD
CY2020Q2 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
242000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1275000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
228000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
451000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
134000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-38145000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
-37354000 USD
CY2018Q4 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
-448000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
10361000 USD
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
385000 USD
CY2018Q4 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-163000 USD
CY2018Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-41000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-27178000 USD
CY2019Q1 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
317000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-2678000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
425000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-163000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-41000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-29236000 USD
CY2019Q2 lee Stock Issued Redeemed During Period Value
StockIssuedRedeemedDuringPeriodValue
222000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5766000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
321000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-163000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-41000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-23049000 USD
us-gaap Profit Loss
ProfitLoss
2000 USD
us-gaap Profit Loss
ProfitLoss
14564000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25196000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22263000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1042000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1131000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-1031000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-648000 USD
lee Debt Financing And Administrative Costs
DebtFinancingAndAdministrativeCosts
11865000 USD
lee Debt Financing And Administrative Costs
DebtFinancingAndAdministrativeCosts
6053000 USD
us-gaap Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
-855000 USD
us-gaap Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
-2383000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38010000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43786000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17649000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1477000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
576000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
48065000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8136000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8645000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5380000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
56710000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13516000 USD
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: Arial; font-size: 10pt; margin: 0pt; text-align: center; text-indent: 0pt; background-color: rgba(0, 0, 0, 0); color: rgb(0, 0, 0);"><b>Use of Estimates</b></p> <p style="margin: 0pt 0pt 0pt 36pt; text-align: center; font-family: Arial; font-size: 10pt;"> </p> <p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; font-family: Arial; font-size: 10pt;">The preparation of the Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. We evaluate these estimates and judgments on an ongoing basis.</p> <p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; font-family: Arial; font-size: 10pt;"> </p> <p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; font-family: Arial; font-size: 10pt;">We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are <em style="font: inherit;">not</em> readily apparent from other sources. Actual results <em style="font: inherit;"> may </em>differ from these estimates under different assumptions or conditions.</p>
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
127284000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
426238000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
386189000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
59285000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21720000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2653000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
20512000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1107000 USD
CY2020Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
65298000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
182528000 USD
CY2019Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
47863000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6434000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
1539038000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1288729000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
250309000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
63559000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
313868000 USD
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
42722000 USD
CY2019Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
21883000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
206245000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
107393000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
26447000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
23578000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22967000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
21888000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17397000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P9Y2M12D
CY2020Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
63559 USD
CY2020Q1 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
28118 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
431502000 USD
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
576000000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
443627000 USD
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
-0 USD
CY2019Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
11282000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
36710000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2954000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
539290000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
429391000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9583000 USD
CY2020Q2 lee Weighted Average Cost Of Debt Excluding Amortization Of Debt Financing Costs
WeightedAverageCostOfDebtExcludingAmortizationOfDebtFinancingCosts
0.090 pure
CY2020Q2 lee Pulitzer Excess Cash Flow
PulitzerExcessCashFlow
36710000 USD
CY2020Q2 lee Liquidity
Liquidity
56710000 USD
lee Future Liquidity Warrant Exercise Proceeds
FutureLiquidityWarrantExerciseProceeds
25140000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4443000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
7154000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
539000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1114000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
146000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
465000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
5128000 USD
us-gaap Lease Cost
LeaseCost
8733000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10853000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10319000 USD
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4498000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
7764000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3872000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13850000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11623000 USD
CY2020Q2 lee Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
50718000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
101235000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29764000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
71471000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3403000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2290000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2238000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1637000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1367000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4991000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M17D
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0826 pure
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
368000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-359000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-92000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-90000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1505000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7677000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6175000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20739000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.025 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.022 pure
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.196 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.298 pure
CY2020Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1558000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1275000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5766000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1320000 USD
us-gaap Net Income Loss
NetIncomeLoss
13449000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
58201000
CY2019Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
57731000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
58233000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
57578000
CY2019Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2088000
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1529000
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2094000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56643000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55643000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56704000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55484000
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1227000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1038000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56643000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56870000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56704000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56522000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8134965
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7372002
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
809000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.82
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
18000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
791000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.82
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y1M6D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
791000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.82
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y1M6D
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD

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