2024 Q2 Form 10-K Financial Statement

#000143774924021606 Filed on June 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $58.17M $58.90M $216.2M
YoY Change 14.86% 5.96% -1.32%
Cost Of Revenue $20.92M $22.35M $82.94M
YoY Change 7.5% -0.19% -2.87%
Gross Profit $37.25M $36.56M $133.3M
YoY Change 19.45% 10.11% -0.33%
Gross Profit Margin 64.03% 62.06% 61.64%
Selling, General & Admin $23.52M $23.83M $111.5M
YoY Change 9.17% -13.91% 1.46%
% of Gross Profit 63.14% 65.18% 83.67%
Research & Development $4.735M $5.202M $19.30M
YoY Change -1.58% 3.96% -5.81%
% of Gross Profit 12.71% 14.23% 14.48%
Depreciation & Amortization $1.404M $6.295M $4.233M
YoY Change -82.74% -30.48% -87.49%
% of Gross Profit 3.77% 17.22% 3.18%
Operating Expenses $31.67M $33.31M $130.8M
YoY Change -0.56% 1.91% 0.32%
Operating Profit $5.580M $3.249M $2.458M
YoY Change -940.36% 528.43% -25.96%
Interest Expense -$2.842M -$1.888M $5.697M
YoY Change 171.18% 36.81% 19.43%
% of Operating Profit -50.93% -58.11% 231.77%
Other Income/Expense, Net -$1.675M -$4.048M -$3.573M
YoY Change -316.13% 409.82% -3.67%
Pretax Income $3.905M -$275.3M -$275.6M
YoY Change -516.76% 99297.83% 70760.67%
Income Tax $517.0K -$20.75M -$21.40M
% Of Pretax Income 13.24%
Net Earnings $3.388M -$254.6M -$254.2M
YoY Change -717.12% -41766.61% -27438.28%
Net Earnings / Revenue 5.82% -432.2% -117.6%
Basic Earnings Per Share $0.63 -$47.20
Diluted Earnings Per Share $0.62 -$47.20 -$47.20
COMMON SHARES
Basic Shares Outstanding 5.409M 5.394M 5.386M
Diluted Shares Outstanding 5.424M 5.386M

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.47M $28.21M $28.21M
YoY Change -12.06% -14.27% -14.27%
Cash & Equivalents $28.47M $28.21M $28.21M
Short-Term Investments
Other Short-Term Assets $3.643M $81.14M $81.14M
YoY Change -67.7% -5.72% -5.72%
Inventory $31.77M $32.68M $32.67M
Prepaid Expenses
Receivables $35.57M $39.06M $39.06M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $106.7M $109.4M $109.4M
YoY Change -7.07% -8.09% -8.09%
LONG-TERM ASSETS
Property, Plant & Equipment $31.40M $31.77M $31.77M
YoY Change 12.34% 12.85% 12.85%
Goodwill $179.7M $180.1M
YoY Change -36.66% -37.13%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.81M $303.7M $303.7M
YoY Change 10.35% -41.0% -41.0%
Total Long-Term Assets $333.7M $335.4M $335.4M
YoY Change -36.78% -38.21% -38.21%
TOTAL ASSETS
Total Short-Term Assets $106.7M $109.4M $109.4M
Total Long-Term Assets $333.7M $335.4M $335.4M
Total Assets $440.4M $444.8M $444.8M
YoY Change -31.47% -32.8% -32.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.659M $6.041M $6.041M
YoY Change 1.27% -1.52% -1.52%
Accrued Expenses $22.48M $12.86M $21.18M
YoY Change 23.77% -3.94% -7.19%
Deferred Revenue $14.63M $15.48M
YoY Change -4.8% 7.43%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.750M
YoY Change
Total Short-Term Liabilities $54.87M $44.31M $44.31M
YoY Change 40.23% 2.2% 2.2%
LONG-TERM LIABILITIES
Long-Term Debt $208.5M $221.7M $221.7M
YoY Change 18.8% 20.97% 20.97%
Other Long-Term Liabilities $6.581M $299.4M $299.4M
YoY Change -2.6% 11.56% 11.56%
Total Long-Term Liabilities $6.581M $299.4M $299.4M
YoY Change -96.39% 11.56% 11.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.87M $44.31M $44.31M
Total Long-Term Liabilities $6.581M $299.4M $299.4M
Total Liabilities $289.6M $299.4M $299.4M
YoY Change 13.63% 11.56% 11.56%
SHAREHOLDERS EQUITY
Retained Earnings -$181.0M -$183.5M
YoY Change -348.61% -347.3%
Common Stock $346.0M $343.6M
YoY Change 3.47% 3.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $150.7M $145.4M $145.4M
YoY Change
Total Liabilities & Shareholders Equity $440.4M $444.8M $444.8M
YoY Change -31.47% -32.8% -32.8%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income $3.388M -$254.6M -$254.2M
YoY Change -717.12% -41766.61% -27438.28%
Depreciation, Depletion And Amortization $1.404M $6.295M $4.233M
YoY Change -82.74% -30.48% -87.49%
Cash From Operating Activities $10.43M $12.88M $44.13M
YoY Change 4.97% 2.91% 57.71%
INVESTING ACTIVITIES
Capital Expenditures $891.0K $535.0K $2.567M
YoY Change 230.0% -47.86% -43.51%
Acquisitions $78.74M
YoY Change 1490.69%
Other Investing Activities $961.0K -$78.74M
YoY Change 1490.69%
Cash From Investing Activities -$891.0K $426.0K -$81.31M
YoY Change 230.0% -141.52% 756.39%
FINANCING ACTIVITIES
Cash Dividend Paid $863.0K $3.447M
YoY Change 0.47% 1.2%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$9.109M -12.93M $32.84M
YoY Change -4.31% 194.47% -198.52%
NET CHANGE
Cash From Operating Activities $10.43M 12.88M $44.13M
Cash From Investing Activities -$891.0K 426.0K -$81.31M
Cash From Financing Activities -$9.109M -12.93M $32.84M
Net Change In Cash $258.0K 376.0K -$4.696M
YoY Change 72.0% -94.7% -71.43%
FREE CASH FLOW
Cash From Operating Activities $10.43M $12.88M $44.13M
Capital Expenditures $891.0K $535.0K $2.567M
Free Cash Flow $9.542M $12.35M $41.57M
YoY Change -1.31% 7.44% 77.34%

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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023 mlab Consideration Held Back Against Potential Indemnification Losses Acquisition Related
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CY2022 mlab Consideration Held Back Against Potential Indemnification Losses Acquisition Related
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CY2024 mlab Noncash Or Part Noncash Acquisition Contingent Consideration Assumed
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CY2023 mlab Noncash Or Part Noncash Acquisition Contingent Consideration Assumed
NoncashOrPartNoncashAcquisitionContingentConsiderationAssumed
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CY2022 mlab Noncash Or Part Noncash Acquisition Contingent Consideration Assumed
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CY2024 us-gaap Use Of Estimates
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<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><b>Management Estimates</b></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">The preparation of our Consolidated Financial Statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in our Consolidated Financial Statements and accompanying notes. Actual results could differ from our estimates under different assumptions or conditions.</p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </p>
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CY2024 us-gaap Impairment Of Intangible Assets Finitelived
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CY2024 mlab Expected Payments To Acquire Businesses Net Of Cash Acquired
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CY2023 us-gaap Operating Lease Cost
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CY2023 us-gaap Variable Lease Cost
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CY2023 us-gaap Lease Cost
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CY2024Q1 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
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CY2024 us-gaap Goodwill Impairment Loss
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CY2024Q1 mlab Finitelived Intangible Assets Yearly Amortization
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2024Q1 us-gaap Inventory Raw Materials
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CY2023Q1 us-gaap Inventory Raw Materials
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CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1256000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
617000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
13084000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
13961000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
32675000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
34642000 usd
CY2024Q1 mlab Prepaid Expenses Current
PrepaidExpensesCurrent
2932000 usd
CY2023Q1 mlab Prepaid Expenses Current
PrepaidExpensesCurrent
2498000 usd
CY2024Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1898000 usd
CY2023Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1376000 usd
CY2024Q1 us-gaap Prepaid Taxes
PrepaidTaxes
1237000 usd
CY2023Q1 us-gaap Prepaid Taxes
PrepaidTaxes
953000 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
3341000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
4045000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9408000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8872000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
58.94
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
76.02
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-28412000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3520000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
128000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21402000 usd
CY2024Q1 us-gaap Land
Land
889000 usd
CY2023Q1 us-gaap Land
Land
889000 usd
CY2024Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
23480000 usd
CY2023Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
22005000 usd
CY2024Q1 mlab Manufacturing Equipment Gross
ManufacturingEquipmentGross
19540000 usd
CY2023Q1 mlab Manufacturing Equipment Gross
ManufacturingEquipmentGross
14481000 usd
CY2024Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3613000 usd
CY2023Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4413000 usd
CY2024Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
5383000 usd
CY2023Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
4394000 usd
CY2024Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1380000 usd
CY2023Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1735000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
54285000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47917000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22519000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19768000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31766000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28149000 usd
CY2024 us-gaap Depreciation
Depreciation
4233000 usd
CY2023 us-gaap Depreciation
Depreciation
4313000 usd
CY2022 us-gaap Depreciation
Depreciation
3262000 usd
CY2024Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
3838000 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
4461000 usd
CY2024Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3072000 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
2329000 usd
CY2024Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1956000 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1982000 usd
CY2024Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
1069000 usd
CY2023Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
661000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9935000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9433000 usd
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
648000
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1319000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2986000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2868000 usd
CY2024Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
1615000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
992000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2700000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2297000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12858000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12098000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11936000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12538000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11391000 usd
CY2024 mlab Employee Service Sharebased Compensation Tax Expense Benefit From Compensation Expense
EmployeeServiceSharebasedCompensationTaxExpenseBenefitFromCompensationExpense
2718000 usd
CY2023 mlab Employee Service Sharebased Compensation Tax Expense Benefit From Compensation Expense
EmployeeServiceSharebasedCompensationTaxExpenseBenefitFromCompensationExpense
-1169000 usd
CY2022 mlab Employee Service Sharebased Compensation Tax Expense Benefit From Compensation Expense
EmployeeServiceSharebasedCompensationTaxExpenseBenefitFromCompensationExpense
-4055000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
14654000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11369000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
7336000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
42.76
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
163000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
200.62
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y3M18D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1643000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
56000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
130.07
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
23000
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
192.15
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
132.4
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
194000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
181.89
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y2M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
26000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
109000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
197.63
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
187000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
183.16
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y2M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
23000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6902000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15209000 usd
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2749000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2763000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2856000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1707000 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1853000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-210000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
337000 usd
CY2024 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6172000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1878000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1916000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
56000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
240.96
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y7M6D
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
6142000 usd
CY2024Q1 mlab Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Outstanding Number
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestOutstandingNumber
55000
CY2024Q1 mlab Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageGrantDateFairValue
243.67
CY2024 mlab Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestWeightedAverageRemainingContractualTerm
P2Y4M24D
CY2024Q1 mlab Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Aggregate Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestAggregateIntrinsicValue
5984000 usd
CY2005Q4 srt Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
300000
CY2024 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 usd
CY2024 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
162000
CY2024 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-254246000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
930000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1871000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5386000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5321000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5212000
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5386000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5361000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5335000
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-47.2
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-47.2
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
876000
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
762000
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2078000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1768000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1185000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-233853000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1887000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4579000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-41795000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-2276000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1005000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-275648000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-389000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3574000 usd
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3002000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
593000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-83000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1678000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
538000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
286000 usd
CY2024 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2330000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1070000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1372000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7010000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2201000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1575000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-20387000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1432000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1703000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-275648000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-389000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3574000 usd
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-57886000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-82000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
751000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2508000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.009 pure
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1075000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
2.763 pure
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
628000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.176 pure
CY2024 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Amount
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsAmount
2738000 usd
CY2024 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Percent
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsPercent
-0.01 pure
CY2023 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Amount
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsAmount
1506000 usd
CY2023 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Percent
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsPercent
-3.871 pure
CY2022 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Amount
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsAmount
-16000 usd
CY2022 mlab Effective Income Tax Rate Reconciliation Compensation Adjustments Percent
EffectiveIncomeTaxRateReconciliationCompensationAdjustmentsPercent
-0.004 pure
CY2024 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1093000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.004 pure
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1010000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
2.596 pure
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
495000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.139 pure
CY2024 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-182000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.001 pure
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-125000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
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CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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1329000 usd
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CY2024Q1 us-gaap Unrecognized Tax Benefits
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1329000 usd
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RSM US LLP
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Los Angeles, California
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