2020 Q4 Form 10-Q Financial Statement
#000123546821000057 Filed on February 04, 2021
Income Statement
Concept | 2020 Q4 | 2019 Q4 |
---|---|---|
Revenue | $55.75M | $49.50M |
YoY Change | 12.62% | -8.42% |
Cost Of Revenue | $22.60M | $24.20M |
YoY Change | -6.61% | -3.03% |
Gross Profit | $33.18M | $25.33M |
YoY Change | 30.99% | -4.33% |
Gross Profit Margin | 59.51% | 51.16% |
Selling, General & Admin | $16.10M | $17.31M |
YoY Change | -6.98% | -1.72% |
% of Gross Profit | 48.54% | 68.35% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $1.871M | $1.572M |
YoY Change | 19.02% | 30.56% |
% of Gross Profit | 5.64% | 6.21% |
Operating Expenses | $28.55M | $30.13M |
YoY Change | -5.23% | -3.89% |
Operating Profit | $4.626M | -$4.990M |
YoY Change | -192.71% | -1.67% |
Interest Expense | $200.0K | $300.0K |
YoY Change | -33.33% | 0.0% |
% of Operating Profit | 4.32% | |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $4.811M | -$4.738M |
YoY Change | -201.54% | -0.38% |
Income Tax | $297.0K | $458.0K |
% Of Pretax Income | 6.17% | |
Net Earnings | $4.514M | -$5.200M |
YoY Change | -186.81% | 4.0% |
Net Earnings / Revenue | 8.1% | -10.5% |
Basic Earnings Per Share | $0.14 | -$0.15 |
Diluted Earnings Per Share | $0.13 | -$0.15 |
COMMON SHARES | ||
Basic Shares Outstanding | 33.18M shares | 33.55M shares |
Diluted Shares Outstanding | 34.91M shares | 33.55M shares |
Balance Sheet
Concept | 2020 Q4 | 2019 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $77.80M | $49.20M |
YoY Change | 58.13% | -28.18% |
Cash & Equivalents | $77.84M | $24.18M |
Short-Term Investments | $25.00M | |
Other Short-Term Assets | $7.900M | $7.000M |
YoY Change | 12.86% | 0.0% |
Inventory | $9.931M | $5.808M |
Prepaid Expenses | ||
Receivables | $4.801M | $5.949M |
Other Receivables | $0.00 | $2.700M |
Total Short-Term Assets | $100.9M | $70.52M |
YoY Change | 43.03% | -24.67% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $17.70M | $18.70M |
YoY Change | -5.34% | 8.23% |
Goodwill | $60.13M | $59.73M |
YoY Change | 0.67% | 0.01% |
Intangibles | $4.427M | $5.727M |
YoY Change | -22.7% | -18.59% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $8.068M | $11.95M |
YoY Change | -32.47% | -15.76% |
Total Long-Term Assets | $104.4M | $108.7M |
YoY Change | -3.95% | 9.51% |
TOTAL ASSETS | ||
Total Short-Term Assets | $100.9M | $70.52M |
Total Long-Term Assets | $104.4M | $108.7M |
Total Assets | $205.3M | $179.2M |
YoY Change | 14.54% | -7.08% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $25.26M | $9.714M |
YoY Change | 160.02% | -6.32% |
Accrued Expenses | $21.40M | $23.90M |
YoY Change | -10.46% | 14.35% |
Deferred Revenue | $3.429M | $2.689M |
YoY Change | 27.52% | -3.13% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | $0.00 |
YoY Change | ||
Total Short-Term Liabilities | $77.29M | $57.26M |
YoY Change | 34.98% | -8.77% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $2.892M | $7.600M |
YoY Change | -61.95% | |
Total Long-Term Liabilities | $2.892M | $7.600M |
YoY Change | -61.95% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $77.29M | $57.26M |
Total Long-Term Liabilities | $2.892M | $7.600M |
Total Liabilities | $90.19M | $66.76M |
YoY Change | 35.1% | 0.61% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$117.8M | -$123.8M |
YoY Change | -4.8% | 24.62% |
Common Stock | $250.0M | $243.3M |
YoY Change | 2.75% | 2.37% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $8.255M | |
YoY Change | ||
Treasury Stock Shares | 866.4K shares | |
Shareholders Equity | $115.1M | $112.4M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $205.3M | $179.2M |
YoY Change | 14.54% | -7.08% |
Cashflow Statement
Concept | 2020 Q4 | 2019 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $4.514M | -$5.200M |
YoY Change | -186.81% | 4.0% |
Depreciation, Depletion And Amortization | $1.871M | $1.572M |
YoY Change | 19.02% | 30.56% |
Cash From Operating Activities | $6.038M | -$18.60M |
YoY Change | -132.46% | 130.35% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.363M | $1.330M |
YoY Change | 2.48% | -15.56% |
Acquisitions | $0.00 | |
YoY Change | ||
Other Investing Activities | $520.0K | $7.570M |
YoY Change | -93.13% | -175.85% |
Cash From Investing Activities | -$846.0K | $6.215M |
YoY Change | -113.61% | -153.78% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $4.103M | $0.00 |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$3.973M | -$504.0K |
YoY Change | 688.29% | -6400.0% |
NET CHANGE | ||
Cash From Operating Activities | $6.038M | -$18.60M |
Cash From Investing Activities | -$846.0K | $6.215M |
Cash From Financing Activities | -$3.973M | -$504.0K |
Net Change In Cash | $1.808M | -$12.31M |
YoY Change | -114.68% | -38.23% |
FREE CASH FLOW | ||
Cash From Operating Activities | $6.038M | -$18.60M |
Capital Expenditures | $1.363M | $1.330M |
Free Cash Flow | $4.675M | -$19.93M |
YoY Change | -123.45% | 106.54% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
468000 | USD |
CY2020Q4 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001235468 | |
CY2020Q4 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2020Q4 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--09-30 | |
CY2020Q4 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2020Q4 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2020Q4 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
us-gaap |
Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
|
us-gaap:AccountingStandardsUpdate201602Member | ||
CY2020Q4 | dei |
Document Type
DocumentType
|
10-Q | |
CY2020Q4 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2020Q4 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2020Q4 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-12-31 | |
CY2020Q4 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2020Q4 | dei |
Entity File Number
EntityFileNumber
|
0-51813 | |
CY2020Q4 | dei |
Entity Registrant Name
EntityRegistrantName
|
LIQUIDITY SERVICES, INC | |
CY2020Q4 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2020Q4 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
52-2209244 | |
CY2020Q4 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
6931 Arlington Road, Suite 200 | |
CY2020Q4 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Bethesda | |
CY2020Q4 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MD | |
CY2020Q4 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
20814 | |
CY2020Q4 | dei |
City Area Code
CityAreaCode
|
202 | |
CY2020Q4 | dei |
Local Phone Number
LocalPhoneNumber
|
467-6868 | |
CY2020Q4 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.001 par value | |
CY2020Q4 | dei |
Trading Symbol
TradingSymbol
|
LQDT | |
CY2020Q4 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2020Q4 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2020Q4 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2020Q4 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2020Q4 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2020Q4 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2021Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
34923452 | shares |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
77844000 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
76036000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
396000 | USD |
CY2020Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
389000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4801000 | USD |
CY2020Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5322000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
9931000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
5607000 | USD |
CY2020Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
1442000 | USD |
CY2020Q3 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
1652000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6853000 | USD |
CY2020Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
5962000 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
100871000 | USD |
CY2020Q3 | us-gaap |
Assets Current
AssetsCurrent
|
94579000 | USD |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
15300000 | USD |
CY2020Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
14555000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
17697000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
17843000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
13273000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
10561000 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4427000 | USD |
CY2020Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4758000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
60126000 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
59839000 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
792000 | USD |
CY2020Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
806000 | USD |
CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8068000 | USD |
CY2020Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8248000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
205254000 | USD |
CY2020Q3 | us-gaap |
Assets
Assets
|
196634000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
25258000 | USD |
CY2020Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
21957000 | USD |
CY2020Q4 | lqdt |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
17411000 | USD |
CY2020Q3 | lqdt |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
19124000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3956000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3818000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3429000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3255000 | USD |
CY2020Q4 | lqdt |
Payables To Sellers Current
PayablesToSellersCurrent
|
27239000 | USD |
CY2020Q3 | lqdt |
Payables To Sellers Current
PayablesToSellersCurrent
|
26170000 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
77293000 | USD |
CY2020Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
74324000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
10006000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
7499000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2892000 | USD |
CY2020Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2996000 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
90191000 | USD |
CY2020Q3 | us-gaap |
Liabilities
Liabilities
|
84819000 | USD |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
CY2020Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
CY2020Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
120000000 | shares |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
34212815 | shares |
CY2020Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34212815 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34082406 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
34082406 | shares |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
34000 | USD |
CY2020Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
34000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
250002000 | USD |
CY2020Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
247892000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
866388 | shares |
CY2020Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
547508 | shares |
CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
8255000 | USD |
CY2020Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3983000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-8886000 | USD |
CY2020Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-9782000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-117832000 | USD |
CY2020Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-122346000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115063000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
111815000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
205254000 | USD |
CY2020Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
196634000 | USD |
CY2020Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
55751000 | USD |
CY2019Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
49504000 | USD |
CY2020Q4 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
22573000 | USD |
CY2019Q4 | us-gaap |
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
|
24176000 | USD |
CY2020Q4 | lqdt |
Technology And Operations Expense
TechnologyAndOperationsExpense
|
10573000 | USD |
CY2019Q4 | lqdt |
Technology And Operations Expense
TechnologyAndOperationsExpense
|
11241000 | USD |
CY2020Q4 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
9108000 | USD |
CY2019Q4 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
9605000 | USD |
CY2020Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6996000 | USD |
CY2019Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7707000 | USD |
CY2020Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1871000 | USD |
CY2019Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1572000 | USD |
CY2020Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-4000 | USD |
CY2019Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-193000 | USD |
CY2020Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
51125000 | USD |
CY2019Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
54494000 | USD |
CY2020Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4626000 | USD |
CY2019Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4990000 | USD |
CY2020Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
185000 | USD |
CY2019Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
252000 | USD |
CY2020Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4811000 | USD |
CY2019Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-4738000 | USD |
CY2020Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
297000 | USD |
CY2019Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
458000 | USD |
CY2020Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4514000 | USD |
CY2019Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5196000 | USD |
CY2020Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2019Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | |
CY2020Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
CY2019Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | |
CY2020Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33176895 | shares |
CY2019Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33545235 | shares |
CY2020Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34911119 | shares |
CY2019Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
33545235 | shares |
CY2020Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4514000 | USD |
CY2019Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5196000 | USD |
CY2020Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
896000 | USD |
CY2019Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
833000 | USD |
CY2020Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
896000 | USD |
CY2019Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
833000 | USD |
CY2020Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5410000 | USD |
CY2019Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4363000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
111815000 | USD |
CY2020Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4514000 | USD |
CY2020Q4 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
197000 | USD |
CY2020Q4 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
57000 | USD |
CY2020Q4 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
0 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
4103000 | USD |
CY2020Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1801000 | USD |
CY2020Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
896000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115063000 | USD |
CY2020Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4514000 | USD |
CY2019Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5196000 | USD |
CY2020Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1871000 | USD |
CY2019Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1572000 | USD |
CY2020Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2229000 | USD |
CY2019Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1039000 | USD |
CY2020Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
15000 | USD |
CY2019Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
21000 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
32000 | USD |
CY2019Q4 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
100000 | USD |
CY2020Q4 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1000 | USD |
CY2019Q4 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
12000 | USD |
CY2020Q4 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD |
CY2019Q4 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
200000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-506000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-734000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4324000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-35000 | USD |
CY2020Q4 | lqdt |
Increase Decrease In Prepaid Expenses And Deferred Taxes
IncreaseDecreaseInPrepaidExpensesAndDeferredTaxes
|
-208000 | USD |
CY2019Q4 | lqdt |
Increase Decrease In Prepaid Expenses And Deferred Taxes
IncreaseDecreaseInPrepaidExpensesAndDeferredTaxes
|
77000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1235000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
725000 | USD |
CY2020Q4 | lqdt |
Increase Decrease In Operating Leases
IncreaseDecreaseInOperatingLeases
|
89000 | USD |
CY2019Q4 | lqdt |
Increase Decrease In Operating Leases
IncreaseDecreaseInOperatingLeases
|
97000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3301000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-5337000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-1994000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-9409000 | USD |
CY2020Q4 | lqdt |
Increase Decrease In Profit Sharing Distributions Payable
IncreaseDecreaseInProfitSharingDistributionsPayable
|
0 | USD |
CY2019Q4 | lqdt |
Increase Decrease In Profit Sharing Distributions Payable
IncreaseDecreaseInProfitSharingDistributionsPayable
|
-1675000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
174000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-359000 | USD |
CY2020Q4 | lqdt |
Increase Decrease In Payables To Sellers
IncreaseDecreaseInPayablesToSellers
|
1069000 | USD |
CY2019Q4 | lqdt |
Increase Decrease In Payables To Sellers
IncreaseDecreaseInPayablesToSellers
|
658000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-238000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-75000 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6038000 | USD |
CY2019Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18603000 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
5000 | USD |
CY2019Q4 | us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
20000 | USD |
CY2020Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1363000 | USD |
CY2019Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1330000 | USD |
CY2020Q4 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
14000 | USD |
CY2019Q4 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
12000 | USD |
CY2020Q4 | us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
508000 | USD |
CY2019Q4 | us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
2553000 | USD |
CY2020Q4 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | USD |
CY2019Q4 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
25000000 | USD |
CY2020Q4 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
0 | USD |
CY2019Q4 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
30000000 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-846000 | USD |
CY2019Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6215000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
9000 | USD |
CY2019Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
8000 | USD |
CY2020Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
58000 | USD |
CY2019Q4 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
498000 | USD |
CY2020Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
197000 | USD |
CY2019Q4 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2000 | USD |
CY2020Q4 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4103000 | USD |
CY2019Q4 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3973000 | USD |
CY2019Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-504000 | USD |
CY2020Q4 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
589000 | USD |
CY2019Q4 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
578000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1808000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12314000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
76036000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36497000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77844000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24183000 | USD |
CY2020Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
208000 | USD |
CY2019Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
9000 | USD |
CY2020Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
-169000 | USD |
CY2019Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD |
CY2020Q4 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Liquidity Services, Inc. (the Company) operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 600 product categories</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The Company’s marketplaces provide professional buyers access to a global, organized supply of new, surplus and idle assets presented with digital images and other relevant product information. Additionally, the Company enables corporate and government sellers to enhance their financial return on offered assets by providing a liquid marketplace and value-added services that encompass the consultative management, valuation and sale of surplus assets. The Company's services include program management, valuation, asset management, reconciliation, refurbishment and recycling, fulfillment, marketing and sales, warehousing and transportation, buyer support, compliance and risk mitigation, as well as self-directed service tools for its sellers. The Company organizes the products on its marketplaces into categories across major industry verticals such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment and specialty equipment. The Company’s marketplaces are: www.allsurplus.com, www.liquidation.com, www.govdeals.com, www.networkintl.com, www.secondipity.com, and www.go-dove.com. The Company also operates a global search engine for listing used machinery and equipment for sale at www.machinio.com. The Company has four reportable segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. See Note 12 for Segment Information. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's operations are subject to certain risks and uncertainties, many of which are associated with technology-oriented companies, including, but not limited to, the Company's dependence on use of the Internet; the effect of general business and economic trends, including the extent and duration of the COVID-19 pandemic; the Company's susceptibility to rapid technological change; actual and potential competition by entities with greater financial and other resources; and the potential for the commercial sellers from which the Company derives a significant portion of its inventory to change the way they conduct their disposition of surplus assets or to otherwise terminate or not renew their contracts with the Company.</span></div> | |
CY2020Q4 | lqdt |
Number Of Product Categories Offered
NumberOfProductCategoriesOffered
|
600 | category |
CY2020Q4 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | category |
CY2020Q4 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect amounts in the consolidated financial statements and accompanying notes. For the three months ended December 31, 2020, these estimates required the Company to make assumptions about the extent and duration of the COVID-19 pandemic and its impacts on the Company's results of operations. As there remains uncertainty associated with the COVID-19 pandemic, the Company will continue to update its assumptions as conditions change. Actual results could differ significantly from those estimates.</span></div> | |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
400000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
400000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
3400000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
3300000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1400000 | USD |
CY2020Q4 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Risk Associated with Certain Concentrations</span></div><div style="text-indent:36pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the majority of buyers that receive goods before payment to the Company is made, credit evaluations are performed. However, for the remaining buyers, goods are not shipped before payment is made, and as a result the Company is not subject to significant collection risk from those buyers.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For consignment sales transactions, funds are typically collected from buyers and are held by the Company on the sellers' behalf. The funds are included in Cash and cash equivalents in the consolidated financial statements. The Company releases the funds to the seller, less the Company's commission and other fees due, to the seller through Accounts payable after the buyer has accepted the goods or within 30 days, depending on the state where the buyer and seller conduct business. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of Cash and cash equivalents in banks over FDIC limits, Short-term investments, and Accounts receivable. The Company deposits its Cash and cash equivalents with and acquires Short-term investments from financial institutions that the Company considers to be of high credit quality.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, the Company has multiple vendor contracts with Amazon.com, Inc. under which it acquires and sells commercial merchandise. The property purchased under this contract represented 60.0% and 48.3% of consolidated Cost of goods sold for the three months ended December 31, 2020 and 2019, respectively. These contracts are included within the RSCG segment.</span></div> | |
CY2020Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1734225 | shares |
CY2020Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1711221 | shares |
CY2020Q4 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
16000 | USD |
CY2019Q4 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
21000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
5000 | USD |
CY2019Q4 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
7000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1389000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1336000 | USD |
CY2020Q4 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
74000 | USD |
CY2019Q4 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
21000 | USD |
CY2020Q4 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
363000 | USD |
CY2019Q4 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
331000 | USD |
CY2020Q4 | us-gaap |
Sublease Income
SubleaseIncome
|
76000 | USD |
CY2019Q4 | us-gaap |
Sublease Income
SubleaseIncome
|
119000 | USD |
CY2020Q4 | us-gaap |
Lease Cost
LeaseCost
|
1771000 | USD |
CY2019Q4 | us-gaap |
Lease Cost
LeaseCost
|
1597000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3605000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
42000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4173000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
55000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3302000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
56000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2301000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
56000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1786000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
55000 | USD |
CY2020Q4 | lqdt |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
744000 | USD |
CY2020Q4 | lqdt |
Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
|
50000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
15911000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
314000 | USD |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1949000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
57000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
13962000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
257000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y10M24D | |
CY2020Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y7M6D | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.066 | |
CY2020Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.075 | |
CY2020Q4 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1240000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1266000 | USD |
CY2020Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
9000 | USD |
CY2019Q4 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
8000 | USD |
CY2019Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
12188000 | USD |
CY2020Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | USD |
CY2019Q4 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
10000 | USD |
CY2020Q4 | lqdt |
Noncash Adjustment To Lease Assets And Liabilities
NoncashAdjustmentToLeaseAssetsAndLiabilities
|
3187000 | USD |
CY2019Q4 | lqdt |
Noncash Adjustment To Lease Assets And Liabilities
NoncashAdjustmentToLeaseAssetsAndLiabilities
|
1598000 | USD |
CY2019Q3 | us-gaap |
Goodwill
Goodwill
|
59467000 | USD |
CY2020 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
372000 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
59839000 | USD |
CY2020Q4 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
287000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
60126000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8133000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3706000 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4427000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
8129000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3371000 | USD |
CY2020Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4758000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1002000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1328000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1184000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
646000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
267000 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4427000 | USD |
CY2020Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
300000 | USD |
CY2019Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
300000 | USD |
CY2020Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.062 | |
CY2019Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.097 | |
CY2020 | lqdt |
Coronavirus Aid Relief And Economic Security Act Alternative Minimum Tax Refund
CoronavirusAidReliefAndEconomicSecurityActAlternativeMinimumTaxRefund
|
1700000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
116175000 | USD |
CY2019Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5196000 | USD |
CY2019Q4 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2000 | USD |
CY2019Q4 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
498000 | USD |
CY2019Q4 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
0 | USD |
CY2019Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
-1121000 | USD |
CY2019Q4 | lqdt |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent Including Impact To Retained Earnings
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParentIncludingImpactToRetainedEarnings
|
833000 | USD |
CY2020Q4 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
82000 | USD |
CY2020Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
0 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
112437000 | USD |
CY2020Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
19100000 | shares |
CY2020Q4 | lqdt |
Number Of Shares Counted For Grants Of Full Value Awards From Reserve
NumberOfSharesCountedForGrantsOfFullValueAwardsFromReserve
|
1.5 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
2037876 | shares |
CY2020Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2200000 | USD |
CY2020Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
30000000.0 | USD |
CY2020Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
30000000.0 | USD |
CY2020Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
77000 | USD |
CY2020Q4 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5000 | USD |
CY2020Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
10000000 | GBP |
CY2020Q4 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
107000 | USD |
CY2019Q4 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
109000 | USD |
CY2020Q4 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
194000 | USD |
CY2019Q4 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
200000 | USD |
CY2020Q4 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
5000 | USD |
CY2019Q4 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
5000 | USD |
CY2020Q4 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-82000 | USD |
CY2019Q4 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-86000 | USD |
CY2019Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
821000 | USD |
CY2020 | us-gaap |
Restructuring Charges
RestructuringCharges
|
405000 | USD |
CY2020 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
980000 | USD |
CY2020Q4 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | reportablesegment |
CY2020Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
55751000 | USD |
CY2019Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
49504000 | USD |
CY2020Q4 | us-gaap |
Gross Profit
GrossProfit
|
33178000 | USD |
CY2019Q4 | us-gaap |
Gross Profit
GrossProfit
|
25328000 | USD |
CY2020Q4 | us-gaap |
Gross Profit
GrossProfit
|
33178000 | USD |
CY2019Q4 | us-gaap |
Gross Profit
GrossProfit
|
25328000 | USD |
CY2020Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
28548000 | USD |
CY2019Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
30125000 | USD |
CY2020Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-4000 | USD |
CY2019Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-193000 | USD |
CY2020Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
185000 | USD |
CY2019Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
252000 | USD |
CY2020Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4811000 | USD |
CY2019Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-4738000 | USD |