2024 Q3 Form 10-K Financial Statement

#000143774924028964 Filed on September 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $138.1M $129.0M $469.6M
YoY Change 11.87% 4.34% -5.5%
Cost Of Revenue $104.4M $95.17M $336.0M
YoY Change 20.74% 8.43% -6.68%
Gross Profit $33.65M $33.83M $133.7M
YoY Change -8.04% -5.66% -2.41%
Gross Profit Margin 24.37% 26.23% 28.46%
Selling, General & Admin $24.52M $23.83M $96.62M
YoY Change -4.07% -6.94% -2.42%
% of Gross Profit 72.86% 70.43% 72.28%
Research & Development $3.500M
YoY Change 2.94%
% of Gross Profit 2.62%
Depreciation & Amortization $2.940M $2.856M $9.999M
YoY Change 24.0% 20.56% 3.47%
% of Gross Profit 8.74% 8.44% 7.48%
Operating Expenses $24.52M $23.83M $96.62M
YoY Change -4.07% -6.94% -2.42%
Operating Profit $9.131M $10.00M $37.06M
YoY Change -17.2% -2.47% -2.37%
Interest Expense $875.0K -$1.003M -$2.156M
YoY Change 54.59% 31.28% -41.52%
% of Operating Profit 9.58% -10.03% -5.82%
Other Income/Expense, Net $61.00K -$121.0K -$262.0K
YoY Change -163.54% -268.06% 1646.67%
Pretax Income $8.317M $7.887M $33.10M
YoY Change -19.77% -17.37% -0.68%
Income Tax $1.635M $2.219M $8.122M
% Of Pretax Income 19.66% 28.13% 24.54%
Net Earnings $6.682M $5.668M $24.98M
YoY Change -16.77% -32.64% -3.05%
Net Earnings / Revenue 4.84% 4.39% 5.32%
Basic Earnings Per Share $0.23 $0.19 $0.86
Diluted Earnings Per Share $0.22 $0.19 $0.83
COMMON SHARES
Basic Shares Outstanding 29.74M 29.13M 29.05M
Diluted Shares Outstanding 30.53M 30.07M

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.969M $4.110M $4.110M
YoY Change 99.11% 124.84% 124.84%
Cash & Equivalents $6.969M $4.110M $4.110M
Short-Term Investments
Other Short-Term Assets $5.517M $5.653M $5.653M
YoY Change 37.93% 60.19% 60.19%
Inventory $71.26M $70.91M $70.91M
Prepaid Expenses
Receivables $80.74M $78.63M $78.63M
Other Receivables $2.404M $3.197M $3.197M
Total Short-Term Assets $166.9M $162.5M $162.5M
YoY Change 8.24% 8.42% 8.42%
LONG-TERM ASSETS
Property, Plant & Equipment $47.18M $48.87M $48.87M
YoY Change 29.97% 42.27% 42.27%
Goodwill $57.46M $57.40M
YoY Change 27.59% 27.46%
Intangibles $72.51M $73.92M
YoY Change 16.92% 16.95%
Long-Term Investments
YoY Change
Other Assets $5.468M $6.116M $6.116M
YoY Change 28.39% 65.84% 65.84%
Total Long-Term Assets $182.6M $186.3M $186.3M
YoY Change 23.74% 27.37% 27.37%
TOTAL ASSETS
Total Short-Term Assets $166.9M $162.5M $162.5M
Total Long-Term Assets $182.6M $186.3M $186.3M
Total Assets $349.5M $348.8M $348.8M
YoY Change 15.82% 17.78% 17.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.85M $32.19M $32.19M
YoY Change 0.87% 10.22% 10.22%
Accrued Expenses $42.65M $43.44M $34.65M
YoY Change 4.41% -0.78% -9.01%
Deferred Revenue $10.29M $8.475M
YoY Change 49.1% 56.22%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.571M $3.571M $3.895M
YoY Change 0.0% 0.0% 1.04%
Total Short-Term Liabilities $80.07M $79.21M $79.21M
YoY Change 2.69% 3.45% 3.45%
LONG-TERM LIABILITIES
Long-Term Debt $44.12M $50.66M $51.29M
YoY Change 75.78% 60.16% 57.4%
Other Long-Term Liabilities $2.798M $2.677M $13.94M
YoY Change -23.22% -22.76% 48.03%
Total Long-Term Liabilities $46.92M $53.34M $65.24M
YoY Change 63.23% 51.97% 55.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.07M $79.21M $79.21M
Total Long-Term Liabilities $46.92M $53.34M $65.24M
Total Liabilities $127.0M $132.5M $144.4M
YoY Change 18.99% 18.7% 21.82%
SHAREHOLDERS EQUITY
Retained Earnings $52.99M $47.79M
YoY Change 50.55% 67.4%
Common Stock $158.1M $156.4M
YoY Change 4.66% 5.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $211.2M $204.4M $204.4M
YoY Change
Total Liabilities & Shareholders Equity $349.5M $348.8M $348.8M
YoY Change 15.82% 17.78% 17.78%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $6.682M $5.668M $24.98M
YoY Change -16.77% -32.64% -3.05%
Depreciation, Depletion And Amortization $2.940M $2.856M $9.999M
YoY Change 24.0% 20.56% 3.47%
Cash From Operating Activities $11.85M $11.10M $43.39M
YoY Change 11.84% -34.89% -12.49%
INVESTING ACTIVITIES
Capital Expenditures $759.0K $762.0K $5.388M
YoY Change -45.51% -47.59% 67.96%
Acquisitions
YoY Change
Other Investing Activities -$59.00K -$49.90M -$49.87M
YoY Change -1247525.0% -997400.0%
Cash From Investing Activities -$818.0K -$50.66M -$55.25M
YoY Change -41.28% 3393.72% 1625.04%
FINANCING ACTIVITIES
Cash Dividend Paid $1.500M $5.700M
YoY Change 7.14% 5.56%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $47.10M $139.9M
YoY Change -4.58% -29.46%
Cash From Financing Activities -$8.060M 36.71M $14.31M
YoY Change 8.35% -342.08% -130.35%
NET CHANGE
Cash From Operating Activities $11.85M 11.10M $43.39M
Cash From Investing Activities -$818.0K -50.66M -$55.25M
Cash From Financing Activities -$8.060M 36.71M $14.31M
Net Change In Cash $2.859M -2.855M $2.282M
YoY Change 67.68% -770.19% -459.94%
FREE CASH FLOW
Cash From Operating Activities $11.85M $11.10M $43.39M
Capital Expenditures $759.0K $762.0K $5.388M
Free Cash Flow $11.09M $10.33M $38.00M
YoY Change 20.52% -33.7% -18.06%

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StockIssuedDuringPeriodValueDeferredCompensation
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CY2023 us-gaap Net Income Loss
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CY2023 lyts Employee Stock Purchase Plan Discount
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IssuanceOfCommonStockAsCompensation
450000 usd
CY2023 lyts Issuance Of Common Stock As Compensation
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CY2023 us-gaap Inventory Write Down
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5180000 usd
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2282000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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1828000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4110000 usd
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AccountsReceivableNetCurrent
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CY2022Q2 us-gaap Accounts Receivable Net Current
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77800000 usd
CY2024Q2 us-gaap Cash Uninsured Amount
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3300000 usd
CY2023Q2 us-gaap Cash Uninsured Amount
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2300000 usd
CY2024 us-gaap Depreciation
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5000000 usd
CY2023 us-gaap Depreciation
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4900000 usd
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StandardWarrantyExtendedTermForExceptions
P10Y
CY2023Q2 us-gaap Standard Product Warranty Accrual
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6501000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4491000 usd
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StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
345000 usd
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3781000 usd
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StandardProductWarrantyAccrualPayments
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StandardProductWarrantyAccrualPayments
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CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
6501000 usd
CY2024 us-gaap Defined Contribution Plan Cost Recognized
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2300000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2500000 usd
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3500000 usd
CY2023 us-gaap Research And Development Expense
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3400000 usd
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IncrementalCommonSharesAttributableToContingentlyIssuableShares
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CY2023 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates:</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</p>
CY2024 us-gaap Business Acquisitions Pro Forma Revenue
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CY2023 us-gaap Business Acquisitions Pro Forma Revenue
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Assets
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CY2023Q2 us-gaap Assets
Assets
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CY2024 lyts Intersegment Revenue Markup Percentage
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24977000 usd
CY2023 us-gaap Net Income Loss
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25762000 usd
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CY2023 lyts Weighted Average Number Of Shares Issued Net Of Treasury Shares Basic
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25762000 usd
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0.83
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52644000 usd
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CY2023Q2 us-gaap Inventory Work In Process Net Of Reserves
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CY2023Q2 us-gaap Inventory Net
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3937000 usd
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2270000 usd
CY2023Q2 lyts Accrued Freight
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CY2023Q2 us-gaap Goodwill
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45030000 usd
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134318000 usd
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CY2024Q2 us-gaap Goodwill
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86235000 usd
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35134000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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51101000 usd
CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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12102000 usd
CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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12102000 usd
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CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
35134000 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
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63203000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
97025000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40091000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
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56934000 usd
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
16982000 usd
CY2024Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
16982000 usd
CY2024Q2 us-gaap Other Intangible Assets Net
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114007000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40091000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
73916000 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4957000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4761000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
5739000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
5733000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
5512000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
5125000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
4497000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
30328000 usd
CY2024Q2 us-gaap Line Of Credit
LineOfCredit
38766000 usd
CY2023Q2 us-gaap Line Of Credit
LineOfCredit
18729000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
54229000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
35200000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3571000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3571000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
50658000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
31629000 usd
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000000 usd
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
75000000 usd
CY2024 us-gaap Payments Of Dividends
PaymentsOfDividends
5700000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
5400000 usd
CY2024 lyts Dividends Accrued
DividendsAccrued
100000 usd
CY2023 lyts Dividends Accrued
DividendsAccrued
100000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1706963
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.7
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M24D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11705731 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
255000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.6
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
233056
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.35
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
-0
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1760
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.38
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1727147
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.79
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M18D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13305057 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1472147
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.44
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
13300257 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1664611
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.49
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y1M6D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
13303742 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1700000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2000000 usd
CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1800000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3900000 usd
CY2024 lyts Reduction Of Federal Income Taxes Payable Related To Stock Option Exercise
ReductionOfFederalIncomeTaxesPayableRelatedToStockOptionExercise
1400000 usd
CY2023 lyts Reduction Of Federal Income Taxes Payable Related To Stock Option Exercise
ReductionOfFederalIncomeTaxesPayableRelatedToStockOptionExercise
800000 usd
CY2023 lyts Reduction Of Deferred Tax Asset Related To Stock Option Exercises
ReductionOfDeferredTaxAssetRelatedToStockOptionExercises
100000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
31608
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
43722
CY2024 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
400000 usd
CY2024 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
131226
CY2023 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
207090
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
6248000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
3551000 usd
CY2024 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
291000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
295000 usd
CY2024 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
53000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
67000 usd
CY2024 us-gaap Variable Lease Cost
VariableLeaseCost
87000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
87000 usd
CY2024 us-gaap Sublease Income
SubleaseIncome
464000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
348000 usd
CY2024 us-gaap Lease Cost
LeaseCost
6215000 usd
CY2023 us-gaap Lease Cost
LeaseCost
3652000 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
5996000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3704000 usd
CY2024 lyts Operating Lease Payments On Principal
OperatingLeasePaymentsOnPrincipal
4984000 usd
CY2023 lyts Operating Lease Payments On Principal
OperatingLeasePaymentsOnPrincipal
3319000 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
53000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
67000 usd
CY2024 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
324000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
281000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15912000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8921000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5560000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3566000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
11267000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5954000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
16827000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
9520000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y5M26D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M21D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059 pure
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0544 pure
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
1232000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
929000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
842000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1138000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
324000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
284000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
636000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
960000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
960000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1244000 usd
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M29D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M29D
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0486 pure
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0486 pure
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6330000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
362000 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received Year One
LesseeOperatingSubleasePaymentToBeReceivedYearOne
31000 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid Year One
LesseeNetLeaseCommitmentsLiabilityToBePaidYearOne
6661000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4927000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
362000 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received Year Two
LesseeOperatingSubleasePaymentToBeReceivedYearTwo
-0 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid Year Two
LesseeNetLeaseCommitmentsLiabilityToBePaidYearTwo
5289000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3991000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
302000 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received Year Three
LesseeOperatingSubleasePaymentToBeReceivedYearThree
-0 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid Year Three
LesseeNetLeaseCommitmentsLiabilityToBePaidYearThree
4293000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2348000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received Year Four
LesseeOperatingSubleasePaymentToBeReceivedYearFour
-0 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid Year Four
LesseeNetLeaseCommitmentsLiabilityToBePaidYearFour
2348000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
499000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received Year Five
LesseeOperatingSubleasePaymentToBeReceivedYearFive
-0 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid Year Five
LesseeNetLeaseCommitmentsLiabilityToBePaidYearFive
499000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
686000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2024Q2 lyts Lessee Operating Sublease Payment To Be Received After Year Five
LesseeOperatingSubleasePaymentToBeReceivedAfterYearFive
-0 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid After Year Five
LesseeNetLeaseCommitmentsLiabilityToBePaidAfterYearFive
686000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18781000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1026000 usd
CY2024Q2 lyts Lessee Operating Sublease Payments To Be Received
LesseeOperatingSubleasePaymentsToBeReceived
31000 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability To Be Paid
LesseeNetLeaseCommitmentsLiabilityToBePaid
19776000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1954000 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
66000 usd
CY2024Q2 lyts Lessee Net Lease Commitments Liability Undiscounted Excess Amount
LesseeNetLeaseCommitmentsLiabilityUndiscountedExcessAmount
2020000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
16827000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
960000 usd
CY2024Q2 lyts Net Lease Commitments
NetLeaseCommitments
17756000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
32295000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
31701000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
804000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1625000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33099000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33326000 usd
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6909000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6327000 usd
CY2024 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-30000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
325000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2851000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1330000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9730000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7982000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1608000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-418000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8122000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7564000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.042 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.005 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.006 pure
CY2024 lyts Effective Income Tax Rate Reconciliation Federal And State Tax Credit Percent Total
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditPercentTotal
-0.011 pure
CY2023 lyts Effective Income Tax Rate Reconciliation Federal And State Tax Credit Percent Total
EffectiveIncomeTaxRateReconciliationFederalAndStateTaxCreditPercentTotal
-0.01 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.019 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.01 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.005 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.023 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.012 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.002 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.004 pure
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.227 pure
CY2024Q2 lyts Deferred Tax Assets Uncertain Tax Positions
DeferredTaxAssetsUncertainTaxPositions
241000 usd
CY2023Q2 lyts Deferred Tax Assets Uncertain Tax Positions
DeferredTaxAssetsUncertainTaxPositions
185000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1408000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1255000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
3029000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
3381000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
2008000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1459000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1859000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1680000 usd
CY2024Q2 lyts Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
1985000 usd
CY2023Q2 lyts Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
0 usd
CY2024Q2 lyts Deferred Tax Assets Operating Loss Carryforwards And Credits State And Local
DeferredTaxAssetsOperatingLossCarryforwardsAndCreditsStateAndLocal
120000 usd
CY2023Q2 lyts Deferred Tax Assets Operating Loss Carryforwards And Credits State And Local
DeferredTaxAssetsOperatingLossCarryforwardsAndCreditsStateAndLocal
140000 usd
CY2024Q2 lyts Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
4187000 usd
CY2023Q2 lyts Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2397000 usd
CY2024Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
313000 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
319000 usd
CY2024Q2 lyts Deferred Tax Assets Operating Loss Carryforwards Domestic And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossCarryforwardsDomesticAndTaxCreditCarryforwards
52000 usd
CY2023Q2 lyts Deferred Tax Assets Operating Loss Carryforwards Domestic And Tax Credit Carryforwards
DeferredTaxAssetsOperatingLossCarryforwardsDomesticAndTaxCreditCarryforwards
258000 usd
CY2024Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15202000 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
11074000 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
108000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
108000 usd
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CY2023Q2 us-gaap Deferred Tax Liabilities
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CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
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CY2023Q2 us-gaap Deferred Tax Assets Liabilities Net
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CY2024Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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CY2023Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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CY2024Q2 lyts Deferred Tax Assets Operating Loss Carryforwards And Credits State And Local
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CY2024Q2 us-gaap Unrecognized Tax Benefits
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CY2024Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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CY2024Q2 lyts Reserve For Unrecognized Tax Benefits Including Penalties And Interest
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CY2023Q2 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
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656000 usd
CY2022Q2 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
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CY2024 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2024 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2024Q2 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
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CY2024 us-gaap Interest Paid Net
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CY2023 us-gaap Interest Paid Net
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CY2024 us-gaap Income Taxes Paid
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CY2023 us-gaap Stock Issued1
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CY2024 us-gaap Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
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1877000 usd
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CY2024 lyts Stock Issued To Fund Espp Plan
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CY2023Q3 us-gaap Revenues
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CY2023Q4 us-gaap Revenues
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CY2024Q1 us-gaap Revenues
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CY2024 us-gaap Gross Profit
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0.2
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0.18
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0.19
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0.83
CY2022Q3 us-gaap Revenues
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127069000 usd
CY2022Q4 us-gaap Revenues
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128804000 usd
CY2023Q1 us-gaap Revenues
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117470000 usd
CY2023Q2 us-gaap Revenues
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123636000 usd
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496979000 usd
CY2022Q3 us-gaap Gross Profit
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34738000 usd
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34140000 usd
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32204000 usd
CY2023Q2 us-gaap Gross Profit
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35863000 usd
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136945000 usd
CY2022Q3 us-gaap Net Income Loss
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6262000 usd
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NetIncomeLoss
6417000 usd
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4669000 usd
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8414000 usd
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25762000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
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0.23
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0.23
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0.22
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0.22
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0.16
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0.28
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0.88

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