2020 Q3 Form 10-Q Financial Statement

#000086627320000135 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $182.8M $338.1M
YoY Change -45.94% 6.15%
Cost Of Revenue $168.4M $305.6M
YoY Change -44.89% 3.57%
Gross Profit $14.35M $32.47M
YoY Change -55.8% 38.61%
Gross Profit Margin 7.85% 9.6%
Selling, General & Admin $18.13M $23.69M
YoY Change -23.48% 11.74%
% of Gross Profit 126.33% 72.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.639M $4.779M
YoY Change -2.93% 5.19%
% of Gross Profit 32.33% 14.72%
Operating Expenses $18.13M $23.69M
YoY Change -23.48% 11.74%
Operating Profit -$3.458M $8.774M
YoY Change -139.41% 295.23%
Interest Expense $375.0K $389.0K
YoY Change -3.6% 33.22%
% of Operating Profit 4.43%
Other Income/Expense, Net $1.033M $3.000K
YoY Change 34333.33% -99.45%
Pretax Income -$2.767M $8.862M
YoY Change -131.22% 221.55%
Income Tax $270.0K $2.711M
% Of Pretax Income 30.59%
Net Earnings -$3.037M $6.151M
YoY Change -149.37% 166.85%
Net Earnings / Revenue -1.66% 1.82%
Basic Earnings Per Share -$0.12 $0.23
Diluted Earnings Per Share -$0.12 $0.22
COMMON SHARES
Basic Shares Outstanding 26.27M shares 26.94M shares
Diluted Shares Outstanding 26.27M shares 27.58M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.20M $139.9M
YoY Change -41.24% 87.28%
Cash & Equivalents $82.18M $139.9M
Short-Term Investments
Other Short-Term Assets $9.144M $9.969M
YoY Change -8.28% -2.4%
Inventory $6.751M $7.561M
Prepaid Expenses
Receivables $171.5M $214.6M
Other Receivables $4.100M $1.300M
Total Short-Term Assets $331.3M $439.4M
YoY Change -24.59% 13.96%
LONG-TERM ASSETS
Property, Plant & Equipment $79.44M $81.52M
YoY Change -2.55% 14.01%
Goodwill $60.44M $93.30M
YoY Change -35.22% -0.16%
Intangibles $8.287M $18.52M
YoY Change -55.24% -15.86%
Long-Term Investments
YoY Change
Other Assets $6.893M $13.74M
YoY Change -49.84% 50.51%
Total Long-Term Assets $180.9M $233.4M
YoY Change -22.49% 15.74%
TOTAL ASSETS
Total Short-Term Assets $331.3M $439.4M
Total Long-Term Assets $180.9M $233.4M
Total Assets $512.2M $672.8M
YoY Change -23.86% 14.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $68.62M $96.98M
YoY Change -29.25% 2.26%
Accrued Expenses $38.10M $58.10M
YoY Change -34.42% 21.29%
Deferred Revenue $63.52M -$130.2M
YoY Change -148.79% 9.98%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $170.2M $285.3M
YoY Change -40.34% 9.25%
LONG-TERM LIABILITIES
Long-Term Debt $9.400M $11.37M
YoY Change -17.3% 633.76%
Other Long-Term Liabilities $26.60M $16.30M
YoY Change 63.19% 5333.33%
Total Long-Term Liabilities $36.00M $11.37M
YoY Change 216.73% 633.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $170.2M $285.3M
Total Long-Term Liabilities $36.00M $11.37M
Total Liabilities $206.2M $315.3M
YoY Change -34.6% 19.26%
SHAREHOLDERS EQUITY
Retained Earnings $203.4M $245.6M
YoY Change -17.21% 14.89%
Common Stock $279.0K $279.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $22.34M $13.27M
YoY Change 68.36% -6.36%
Treasury Stock Shares 1.428M shares 756.8K shares
Shareholders Equity $306.0M $357.4M
YoY Change
Total Liabilities & Shareholders Equity $512.2M $672.8M
YoY Change -23.86% 14.57%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$3.037M $6.151M
YoY Change -149.37% 166.85%
Depreciation, Depletion And Amortization $4.639M $4.779M
YoY Change -2.93% 5.19%
Cash From Operating Activities -$15.02M $56.10M
YoY Change -126.77% 536.17%
INVESTING ACTIVITIES
Capital Expenditures $2.777M $8.684M
YoY Change -68.02% 249.88%
Acquisitions
YoY Change
Other Investing Activities $1.070M $150.0K
YoY Change 613.33% -96.21%
Cash From Investing Activities -$1.703M -$8.533M
YoY Change -80.04% -677.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.454M $2.801M
YoY Change -151.91% 1456.11%
NET CHANGE
Cash From Operating Activities -$15.02M $56.10M
Cash From Investing Activities -$1.703M -$8.533M
Cash From Financing Activities -$1.454M $2.801M
Net Change In Cash -$17.86M $50.17M
YoY Change -135.6% 378.9%
FREE CASH FLOW
Cash From Operating Activities -$15.02M $56.10M
Capital Expenditures $2.777M $8.684M
Free Cash Flow -$17.80M $47.42M
YoY Change -137.53% 648.3%

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CY2019Q3 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-30087000 USD
CY2020Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
291000 USD
CY2019Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-456000 USD
CY2020Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8018000 USD
CY2019Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
297000 USD
CY2020Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4431000 USD
CY2020Q3 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-366000 USD
CY2019Q3 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
24565000 USD
CY2020Q3 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3646000 USD
CY2019Q3 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3220000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15020000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
56104000 USD
CY2020Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2777000 USD
CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8684000 USD
CY2020Q3 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1074000 USD
CY2019Q3 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
151000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1703000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8533000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2019Q3 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
8984000 USD
CY2020Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2019Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
2872000 USD
CY2020Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
82000 USD
CY2019Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
83000 USD
CY2020Q3 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
1536000 USD
CY2019Q3 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
3394000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1454000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2801000 USD
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
316000 USD
CY2019Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-198000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17861000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50174000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
100036000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89715000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
82175000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
139889000 USD
CY2020Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
122000 USD
CY2019Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5069000 USD
CY2020Q3 us-gaap Interest Paid Net
InterestPaidNet
470000 USD
CY2019Q3 us-gaap Interest Paid Net
InterestPaidNet
417000 USD
CY2020Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2019Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
263000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
307889000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-3037000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
404000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
82000 USD
CY2020Q3 mtrx Other Treasury Share Purchases
OtherTreasurySharePurchases
1536000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2218000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
306020000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
351957000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
6151000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-394000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
0 USD
CY2019Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
83000 USD
CY2019Q3 mtrx Other Treasury Share Purchases
OtherTreasurySharePurchases
3394000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3024000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
357427000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
490400000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 mtrx Performanceobligationstoberecognizedasrevenuewithinnexttwelvemonths
Performanceobligationstoberecognizedasrevenuewithinnexttwelvemonths
386000000.0 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
57694000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
59548000 USD
CY2020Q3 mtrx Changein Cie
ChangeinCIE
-1854000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
63523000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
63889000 USD
CY2020Q3 mtrx Changein Bie
ChangeinBIE
366000 USD
CY2020Q3 mtrx Contractwithcustomercurrentliabilitynet
Contractwithcustomercurrentliabilitynet
-5829000 USD
CY2020Q2 mtrx Contractwithcustomercurrentliabilitynet
Contractwithcustomercurrentliabilitynet
-4341000 USD
CY2020Q3 mtrx Changeinnetcontractbalances
Changeinnetcontractbalances
-1488000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
41200000 USD
CY2020Q3 us-gaap Construction Contractor Receivable Retainage Year One
ConstructionContractorReceivableRetainageYearOne
33000000.0 USD
CY2020Q2 us-gaap Construction Contractor Receivable Retainage Year One
ConstructionContractorReceivableRetainageYearOne
37300000 USD
CY2020Q3 us-gaap Construction Contractor Receivable Retainage After Year One
ConstructionContractorReceivableRetainageAfterYearOne
3800000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q2 us-gaap Construction Contractor Receivable Retainage After Year One
ConstructionContractorReceivableRetainageAfterYearOne
1600000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
182771000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
338097000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3117000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5975000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9608000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
8463000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
12725000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
182771000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
338097000 USD
CY2020Q3 mtrx Percentageofrealestateleases
Percentageofrealestateleases
0.90 Rate
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P15Y
CY2020Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
200000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2488000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6313000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5542000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3871000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2862000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
2300000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9647000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30535000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5130000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
25405000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6585000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18820000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056 Rate
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3102000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
902000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
60369000 USD
CY2020Q3 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
68000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
60437000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19620000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11333000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8287000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24419000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15582000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8837000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1679000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1812000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1729000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1416000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1096000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
555000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8287000 USD
CY2020Q3 mtrx Mtrx Line Of Credit Facility Maximum Borrowing Capacity New Agreement Amount
MtrxLineOfCreditFacilityMaximumBorrowingCapacityNewAgreementAmount
200000000.0 USD
CY2020Q3 mtrx Mtrx Lineofcreditfacilityexpirationdate
MtrxLineofcreditfacilityexpirationdate
2023-11-02
CY2020Q3 mtrx Sublimiton Australian Dollar Canadian Dollar Euroand Pounds Sterling
SublimitonAustralianDollarCanadianDollarEuroandPoundsSterling
75000000.0 USD
CY2020Q3 mtrx Mtrx Sublimitonlettersofcreditunderthecreditfacility
MtrxSublimitonlettersofcreditunderthecreditfacility
200000000.0 USD
CY2020Q3 mtrx Line Of Credit Basis Spread On Alternate Base Rate Minimum
LineOfCreditBasisSpreadOnAlternateBaseRateMinimum
0.0100
CY2020Q3 mtrx Line Of Credit Basis Spread On Alternate Base Rate Maximum
LineOfCreditBasisSpreadOnAlternateBaseRateMaximum
0.0200
CY2020Q3 mtrx Line Of Credit Basis Spread On Adjusted Liboeurib Oand Cdor Minimum
LineOfCreditBasisSpreadOnAdjustedLIBOEURIBOandCDORMinimum
0.0200
CY2020Q3 mtrx Fixed Charge Coverage Ratio Maximum
FixedChargeCoverageRatioMaximum
1.25
CY2020Q3 mtrx Fixed Charge Coverage Ratio Minimum
FixedChargeCoverageRatioMinimum
1.00
CY2020Q3 mtrx Line Of Credit Basis Spread On Adjusted Liboeurib Oand Cdor Maximum
LineOfCreditBasisSpreadOnAdjustedLIBOEURIBOandCDORMaximum
0.0300
CY2020Q3 mtrx Line Of Credit Basis Spread On Canadian Prime Rate Minimum
LineOfCreditBasisSpreadOnCanadianPrimeRateMinimum
0.0250
CY2020Q3 mtrx Line Of Credit Basis Spread On Canadian Prime Rate Maximum
LineOfCreditBasisSpreadOnCanadianPrimeRateMaximum
0.0350
CY2020Q3 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0035
CY2020Q3 mtrx Senior Leverage Ratio Max
SeniorLeverageRatioMax
3.00
CY2020Q3 mtrx Senior Leverage Ratio Min
SeniorLeverageRatioMin
1.00
CY2020Q3 mtrx Mtrx Fixed Charge Coverage Ratio Share Repurchase Exclusion
MtrxFixedChargeCoverageRatioShareRepurchaseExclusion
7500000 USD
CY2020Q3 mtrx Amount Of Limit On Asset Dispositions
AmountOfLimitOnAssetDispositions
20000000.0 USD
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000.0 USD
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
300000000 USD
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
300000000 USD
CY2020Q3 mtrx Capacity Constraint Due To Senior Leverage Ratio
CapacityConstraintDueToSeniorLeverageRatio
204135000 USD
CY2020Q2 mtrx Letters Of Credit Issued
LettersOfCreditIssued
34529000 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
9383000 USD
CY2020Q2 mtrx Capacity Constraint Due To Senior Leverage Ratio
CapacityConstraintDueToSeniorLeverageRatio
162864000 USD
CY2020Q3 mtrx Line Of Credit Facility Maximum Borrowing Capacity After Consideration Of Capacity Constraint
LineOfCreditFacilityMaximumBorrowingCapacityAfterConsiderationOfCapacityConstraint
95865000 USD
CY2020Q2 mtrx Line Of Credit Facility Maximum Borrowing Capacity After Consideration Of Capacity Constraint
LineOfCreditFacilityMaximumBorrowingCapacityAfterConsiderationOfCapacityConstraint
137136000 USD
CY2020Q3 mtrx Letters Of Credit Issued
LettersOfCreditIssued
34766000 USD
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
9208000 USD
CY2020Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
51716000 USD
CY2020Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
93399000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.098
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.306
CY2020Q3 mtrx Expectedeffectivetaxrateremainderofyear
Expectedeffectivetaxrateremainderofyear
0.270
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
1000000.0 USD
CY2020Q3 mtrx Mtrx Caresact Deferred Payroll Tax Liability
MtrxCARESACTDeferredPayrollTaxLiability
7400000 USD
CY2020Q3 us-gaap Unapproved Change Orders Amount
UnapprovedChangeOrdersAmount
13900000 USD
CY2020Q2 us-gaap Unapproved Change Orders Amount
UnapprovedChangeOrdersAmount
14500000 USD
CY2020Q3 us-gaap Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
17800000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-3037000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
6151000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26265000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26935000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26265000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26935000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
25000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
615000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26265000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27575000 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
936000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
269000 shares
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 mtrx Grossrevenues
Grossrevenues
184995000 USD
CY2019Q3 mtrx Grossrevenues
Grossrevenues
339180000 USD
CY2020Q3 us-gaap Revenues
Revenues
182771000 USD
CY2019Q3 us-gaap Revenues
Revenues
338097000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
14350000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
32465000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18128000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23691000 USD
CY2020Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
-320000 USD
CY2019Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
0 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3458000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
8774000 USD
CY2020Q3 dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
CY2020Q3 us-gaap Assets
Assets
512230000 USD
CY2020Q2 us-gaap Assets
Assets
517310000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
14000000.0 USD
CY2020Q3 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD

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exhibit101-fifthamende.htm Edgar Link pending
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