$MRCY
MERCURY SYSTEMS INC

2020 Q2 Form 10-Q Financial Statement

#000104952120000017 Filed on May 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $208.0M $174.6M
YoY Change 19.11% 0.0%
Cost Of Revenue $114.7M $100.8M
YoY Change 13.79% 58.55%
Gross Profit $93.33M $73.85M
YoY Change 26.38% 0.0%
Gross Profit Margin 44.86% 42.29%
Selling, General & Admin $33.99M $27.41M
YoY Change 24.0% 29.68%
% of Gross Profit 36.42% 37.12%
Research & Development $24.97M $17.44M
YoY Change 43.17% 16.1%
% of Gross Profit 26.75% 23.62%
Depreciation & Amortization $12.70M $11.50M
YoY Change 10.43% 0.88%
% of Gross Profit 13.61% 15.57%
Operating Expenses $66.98M $51.79M
YoY Change 29.35% 12.75%
Operating Profit $26.34M $22.06M
YoY Change 19.4% 0.0%
Interest Expense $58.00K $2.473M
YoY Change -97.65% 147.55%
% of Operating Profit 0.22% 11.21%
Other Income/Expense, Net $2.186M -$328.0K
YoY Change -766.46% -596.97%
Pretax Income $28.93M $19.47M
YoY Change 48.61% 0.0%
Income Tax $5.363M $5.357M
% Of Pretax Income 18.54% 27.52%
Net Earnings $23.57M $14.11M
YoY Change 67.02% 0.0%
Net Earnings / Revenue 11.33% 8.08%
Basic Earnings Per Share $0.43 $0.30
Diluted Earnings Per Share $0.43 $0.29
COMMON SHARES
Basic Shares Outstanding 55.60M shares 54.60M shares 47.26M shares
Diluted Shares Outstanding 55.13M shares 47.96M shares

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $407.1M $112.5M
YoY Change 261.87% 154.52%
Cash & Equivalents $407.1M $112.5M
Short-Term Investments
Other Short-Term Assets $12.40M $10.30M
YoY Change 20.39% 0.0%
Inventory $161.9M $131.7M
Prepaid Expenses
Receivables $127.1M $114.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $795.4M $425.2M
YoY Change 87.08% 35.77%
LONG-TERM ASSETS
Property, Plant & Equipment $78.66M $55.86M
YoY Change 40.83% 8.9%
Goodwill $614.8M $543.5M
YoY Change 13.12% 381.63%
Intangibles $216.5M $180.8M
YoY Change 19.75% -2.98%
Long-Term Investments
YoY Change
Other Assets $5.095M $7.011M
YoY Change -27.33% 2.89%
Total Long-Term Assets $976.2M $787.2M
YoY Change 24.01% 5.84%
TOTAL ASSETS
Total Short-Term Assets $795.4M $425.2M
Total Long-Term Assets $976.2M $787.2M
Total Assets $1.772B $1.212B
YoY Change 46.13% 14.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $50.09M $35.22M
YoY Change 42.22% 7.19%
Accrued Expenses $24.73M $20.34M
YoY Change 21.56% 22.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $122.0M $93.79M
YoY Change 30.09% 18.22%
LONG-TERM LIABILITIES
Long-Term Debt $200.0M $276.5M
YoY Change -27.67% 41.79%
Other Long-Term Liabilities $12.25M $15.02M
YoY Change -18.46% 27.3%
Total Long-Term Liabilities $12.25M $15.02M
YoY Change -18.46% 27.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $122.0M $93.79M
Total Long-Term Liabilities $12.25M $15.02M
Total Liabilities $422.2M $400.0M
YoY Change 5.55% 32.82%
SHAREHOLDERS EQUITY
Retained Earnings $285.2M $213.9M
YoY Change 33.32% 25.95%
Common Stock $546.0K $473.0K
YoY Change 15.43% 1.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.349B $812.4M
YoY Change
Total Liabilities & Shareholders Equity $1.772B $1.212B
YoY Change 46.13% 14.71%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $23.57M $14.11M
YoY Change 67.02% 0.0%
Depreciation, Depletion And Amortization $12.70M $11.50M
YoY Change 10.43% 0.88%
Cash From Operating Activities $30.10M $26.20M
YoY Change 14.89% 2811.11%
INVESTING ACTIVITIES
Capital Expenditures -$10.90M -$7.100M
YoY Change 53.52% 102.86%
Acquisitions $36.50M
YoY Change
Other Investing Activities $4.300M -$36.50M
YoY Change -111.78% -79.68%
Cash From Investing Activities -$6.600M -$43.60M
YoY Change -84.86% -76.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 201.6M 36.00M
YoY Change 460.0% -81.52%
NET CHANGE
Cash From Operating Activities 30.10M 26.20M
Cash From Investing Activities -6.600M -43.60M
Cash From Financing Activities 201.6M 36.00M
Net Change In Cash 225.1M 18.60M
YoY Change 1110.22% 46.46%
FREE CASH FLOW
Cash From Operating Activities $30.10M $26.20M
Capital Expenditures -$10.90M -$7.100M
Free Cash Flow $41.00M $33.30M
YoY Change 23.12% 656.82%

Facts In Submission

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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q1 us-gaap Net Income Loss
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CY2019Q1 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q1 us-gaap Stockholders Equity
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Stock Repurchased And Retired During Period Value
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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14836000 USD
us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
33971000 USD
us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Gain On Sale Of Investments
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us-gaap Gain On Sale Of Investments
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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22081000 USD
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13525000 USD
us-gaap Increase Decrease In Inventories
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13770000 USD
us-gaap Increase Decrease In Prepaid Taxes
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1046000 USD
us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
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mrcy Increase Decrease In Prepaid Expense And Other
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mrcy Increase Decrease In Prepaid Expense And Other
IncreaseDecreaseInPrepaidExpenseAndOther
724000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
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165000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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17968000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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15610000 USD
us-gaap Increase Decrease In Contract With Customer Liability
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2446000 USD
us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4795000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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3174000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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587000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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71548000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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96502000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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17862000 USD
us-gaap Proceeds From Sale Of Other Investments
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4310000 USD
us-gaap Proceeds From Sale Of Other Investments
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Stock Options Exercised
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2396000 USD
us-gaap Proceeds From Stock Options Exercised
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200000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
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81500000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Stock Issuance Costs
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0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1851000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
186713000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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23000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
149214000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
407146000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112515000 USD
us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
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us-gaap Nature Of Operations
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Description of Business<div style="text-indent:24.75pt;text-align:justify;margin-top:5pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Mercury Systems, Inc. (the “Company” or “Mercury”) is the leader in making trusted, secure mission-critical technologies profoundly more accessible to aerospace and defense. Operating at the intersection of high-tech and defense, Mercury specializes in engineering, adapting and manufacturing purpose-built solutions to meet current and emerging high-tech needs. Mercury’s innovative solutions power more than 300 mission-critical aerospace, commercial aviation, defense, security and intelligence programs, including Aegis, Patriot, LTAMDS, SEWIP, F-35, JLTV, Global Hawk and Stormbreaker, delivering Innovation That Matters</span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;vertical-align:top;">®</sup><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">.</span></div><div style="text-indent:24.75pt;text-align:justify;margin-top:5pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Headquartered in Andover, MA, Mercury has pioneered a transformational defense electronics business model specifically designed to provide end-users with trusted and secure leading-edge technology, affordably and with significantly shorter lead times. Mercury’s relationships with key commercial processing technology providers, such as Intel, NVIDIA and Xilinx, coupled with its commitment to open standards architecture (“OSA”), allow it to develop products that are optimized for customer success and upgradeability. A proven portfolio of advanced capability, a demonstrated model for accelerated development and a commitment to its cultures and values, uniquely position Mercury to deliver Innovation That Matters</span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;vertical-align:top;">®</sup><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> from chip-scale to system-scale.</span></div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Investors and others should note that the Company announces material financial information using its website (</span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">www.mrcy.com</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">), Securities and Exchange Commission (“SEC”) filings, press releases, public conference calls, webcasts, and social media, including Twitter (</span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">twitter.com/mrcy</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> and </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">twitter.com/mrcy_CEO</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">) and LinkedIn (</span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">www.linkedin.com/company/mercury-systems</span>). Therefore, the Company encourages investors and others interested in Mercury to review the information the Company posts on the social media and other communication channels listed on its website.
mrcy Natureof Business Numberof Programs Using Productsand Services
NatureofBusinessNumberofProgramsUsingProductsandServices
300 program
us-gaap Use Of Estimates
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<div style="text-align:justify;margin-top:9pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">U</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;">SE</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;">OF</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> E</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;">STIMATES</span></div><div style="text-indent:24.75pt;text-align:justify;margin-top:6pt;"><span style="background-color:rgb(255,255,255, 0.0);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 GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
CY2020Q1 us-gaap Contract With Customer Asset Net
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CY2019Q2 us-gaap Contract With Customer Asset Net
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CY2020Q1 us-gaap Contract With Customer Liability
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CY2019Q2 us-gaap Contract With Customer Liability
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1564000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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CY2019Q1 us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Contract With Customer Liability Revenue Recognized
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10156000 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
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262425000 USD
mrcy Percentage Of Revenue Recognized
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47258000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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54514000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47164000 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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523000 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
700000 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
700000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
557000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
619000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55127000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47958000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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55071000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47783000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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136000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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11000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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244000 shares
CY2020Q1 us-gaap Gain On Sale Of Investments
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CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
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CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
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CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
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CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
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CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
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CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
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CY2020Q1 us-gaap Inventory Net
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CY2019Q2 us-gaap Goodwill
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CY2020Q1 us-gaap Goodwill
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CY2019Q2 us-gaap Restructuring Reserve Current
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us-gaap Restructuring Settlement And Impairment Provisions
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us-gaap Payments For Restructuring
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CY2020Q1 us-gaap Restructuring Reserve Current
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852000 USD
us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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1815000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
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CY2019Q1 us-gaap Income Tax Expense Benefit
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CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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28928000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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19466000 USD
us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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66943000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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46940000 USD
CY2020Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2019Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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6639000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1858000 USD
CY2020Q1 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
1005000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
251000 USD
CY2020Q1 us-gaap Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
813000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
251000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
200000000 USD
CY2020Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
200000000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
58000 USD
CY2020Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
904000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-22000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
15000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
45000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
481000 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
241000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6814000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4873000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19004000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14836000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1772000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1316000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4941000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4006000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5042000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3557000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
14063000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
10830000 USD
CY2020Q1 us-gaap Revenues
Revenues
208016000 USD
CY2020Q1 us-gaap Revenues
Revenues
208016000 USD
CY2019Q1 us-gaap Revenues
Revenues
174636000 USD
CY2019Q1 us-gaap Revenues
Revenues
174636000 USD
us-gaap Revenues
Revenues
579233000 USD
us-gaap Revenues
Revenues
579233000 USD
us-gaap Revenues
Revenues
477781000 USD
us-gaap Revenues
Revenues
477781000 USD
CY2020Q1 us-gaap Revenues
Revenues
208016000 USD
CY2019Q1 us-gaap Revenues
Revenues
174636000 USD
us-gaap Revenues
Revenues
579233000 USD
us-gaap Revenues
Revenues
477781000 USD
CY2020Q1 us-gaap Revenues
Revenues
208016000 USD
CY2019Q1 us-gaap Revenues
Revenues
174636000 USD
us-gaap Revenues
Revenues
579233000 USD
us-gaap Revenues
Revenues
477781000 USD
CY2020Q1 us-gaap Revenues
Revenues
208016000 USD
CY2019Q1 us-gaap Revenues
Revenues
174636000 USD
us-gaap Revenues
Revenues
579233000 USD
us-gaap Revenues
Revenues
477781000 USD
CY2020Q1 us-gaap Noncurrent Assets
NoncurrentAssets
78664000 USD
CY2019Q2 us-gaap Noncurrent Assets
NoncurrentAssets
60001000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
61112000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6805000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
67028000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
73833000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
5251000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18675000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y4M24D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0489
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2583000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8902000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10642000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9897000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8951000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
53580000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
94555000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20722000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
73833000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10205000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8949000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8280000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7414000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6496000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
28286000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
69630000 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
2550000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
7541000 USD

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