2022 Q4 Form 10-K Financial Statement

#000086627322000105 Filed on October 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q2 2022
Revenue $193.8M $200.7M $707.8M
YoY Change 19.68% 14.76% 5.11%
Cost Of Revenue $195.1M $199.9M $709.0M
YoY Change 22.92% 15.29% 10.67%
Gross Profit -$1.302M $858.0K -$1.206M
YoY Change -140.6% -44.36% -103.68%
Gross Profit Margin -0.67% 0.43% -0.17%
Selling, General & Admin $17.55M $18.10M $67.69M
YoY Change 10.19% 2.1% -2.96%
% of Gross Profit 2109.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.535M $3.697M $15.25M
YoY Change -6.7% -12.35% -14.58%
% of Gross Profit 430.89%
Operating Expenses $17.55M $18.10M $67.69M
YoY Change 10.19% 2.1% -2.96%
Operating Profit -$32.44M -$17.24M -$68.90M
YoY Change 141.92% 5.42% 57.49%
Interest Expense $916.0K -$225.0K -$2.861M
YoY Change 82.47% -52.53% -283.52%
% of Operating Profit
Other Income/Expense, Net $484.0K $31.90M $32.43M
YoY Change -906.67% 46808.82% 1591.81%
Pretax Income -$32.83M $13.51M -$58.28M
YoY Change 135.44% -180.6% 34.72%
Income Tax $0.00 $53.00K $5.617M
% Of Pretax Income 0.39%
Net Earnings -$32.83M $13.46M -$63.90M
YoY Change 31.73% -225.49% 104.65%
Net Earnings / Revenue -16.94% 6.7% -9.03%
Basic Earnings Per Share -$1.22 -$2.39
Diluted Earnings Per Share -$1.22 $500.8K -$2.390M
COMMON SHARES
Basic Shares Outstanding 26.97M shares 26.79M shares 26.73M shares
Diluted Shares Outstanding 27.00M shares 26.73M shares

Balance Sheet

Concept 2022 Q4 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.46M $52.37M $52.37M
YoY Change -51.62% -37.56% -37.56%
Cash & Equivalents $31.46M $52.37M $52.37M
Short-Term Investments
Other Short-Term Assets $4.745M $12.89M $12.89M
YoY Change -43.91% 204.7% 204.7%
Inventory $7.981M $9.974M $9.974M
Prepaid Expenses $8.104M $4.024M
Receivables $182.1M $198.6M $198.6M
Other Receivables $13.55M $13.55M $13.55M
Total Short-Term Assets $294.5M $287.4M $287.4M
YoY Change 15.6% -1.31% -1.31%
LONG-TERM ASSETS
Property, Plant & Equipment $50.68M $75.94M $75.94M
YoY Change -19.21% 9.41% -17.3%
Goodwill $29.73M $42.14M
YoY Change -50.89% -30.51%
Intangibles $3.931M $4.796M
YoY Change -30.55% -27.49%
Long-Term Investments
YoY Change
Other Assets $10.35M $30.51M $30.51M
YoY Change -9.78% 154.86% 76.71%
Total Long-Term Assets $143.6M $153.4M $153.4M
YoY Change -22.7% -13.02% -13.02%
TOTAL ASSETS
Total Short-Term Assets $294.5M $287.4M $287.4M
Total Long-Term Assets $143.6M $153.4M $153.4M
Total Assets $438.1M $440.8M $440.8M
YoY Change -0.56% -5.72% -5.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $80.56M $74.89M $74.89M
YoY Change 43.98% 22.93% 22.93%
Accrued Expenses $28.23M $37.79M $37.79M
YoY Change -14.76% -2.22% -2.22%
Deferred Revenue $99.76M $65.11M
YoY Change 17.56% 20.94%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $208.6M $177.8M $177.8M
YoY Change 19.91% 15.89% 15.89%
LONG-TERM LIABILITIES
Long-Term Debt $15.00M $15.00M $15.00M
YoY Change
Other Long-Term Liabilities $23.09M $20.28M $20.28M
YoY Change 9.98% -29.06% -29.06%
Total Long-Term Liabilities $38.09M $35.28M $35.28M
YoY Change 81.44% 23.42% 23.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.6M $177.8M $177.8M
Total Long-Term Liabilities $38.09M $35.28M $35.28M
Total Liabilities $246.7M $213.1M $213.1M
YoY Change 26.53% 17.07% 17.07%
SHAREHOLDERS EQUITY
Retained Earnings $71.94M $111.3M
YoY Change -45.8% -36.48%
Common Stock $279.0K $279.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.09M $15.53M
YoY Change -36.36% -25.13%
Treasury Stock Shares 860.9K shares 1.098M shares
Shareholders Equity $191.5M $227.7M $227.7M
YoY Change
Total Liabilities & Shareholders Equity $438.1M $440.8M $440.8M
YoY Change -0.56% -5.72% -5.72%

Cashflow Statement

Concept 2022 Q4 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$32.83M $13.46M -$63.90M
YoY Change 31.73% -225.49% 104.65%
Depreciation, Depletion And Amortization $3.535M $3.697M $15.25M
YoY Change -6.7% -12.35% -14.58%
Cash From Operating Activities $17.64M -$31.68M -$54.20M
YoY Change -42.22% -409.4% 1724.17%
INVESTING ACTIVITIES
Capital Expenditures $1.265M -$2.010M $3.345M
YoY Change -461.43% 342.73% -23.17%
Acquisitions
YoY Change
Other Investing Activities $27.00K $37.77M $39.02M
YoY Change 440.0% 12083.23% 1766.89%
Cash From Investing Activities -$1.238M $35.76M $35.67M
YoY Change 258.84% -23319.48% -1675.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 71.00K 14.55M $12.70M
YoY Change 18.33% -10203.47% -203.04%
NET CHANGE
Cash From Operating Activities 17.64M -31.68M -$54.20M
Cash From Investing Activities -1.238M 35.76M $35.67M
Cash From Financing Activities 71.00K 14.55M $12.70M
Net Change In Cash 16.48M 18.63M -$6.507M
YoY Change -45.54% 87.39% -59.73%
FREE CASH FLOW
Cash From Operating Activities $17.64M -$31.68M -$54.20M
Capital Expenditures $1.265M -$2.010M $3.345M
Free Cash Flow $16.38M -$29.67M -$57.54M
YoY Change -46.97% -377.46% 685.54%

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<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. We believe the most significant estimates and judgments are associated with revenue recognition, the recoverability tests that must be periodically performed with respect to our goodwill and other intangible assets, deferred tax assets, and the estimation of loss contingencies, including liabilities associated with litigation and with the self-insured retentions on our insurance programs. Actual results could materially differ from those estimates.</span></div>
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267000 usd
CY2021Q2 us-gaap Goodwill
Goodwill
60636000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
18312000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-189000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15093000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4796000 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19837000 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13223000 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6614000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1729000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1416000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1096000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
555000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4796000 usd
CY2022Q4 us-gaap Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
2022-10-05
CY2022 us-gaap Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
2021-09-09
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
90000000 usd
CY2022Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000000 usd
CY2022 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
15000000 usd
CY2022Q2 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
25000000 usd
CY2022 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2026-09-09
CY2022Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
80800000 usd
CY2022Q2 us-gaap Line Of Credit
LineOfCredit
15000000 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
23300000 usd
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
42500000 usd
CY2022Q4 mtrx Mtrx Asset Backed Credit Facility Adusted Term Sofr Rate One Month Add On
MtrxAssetBackedCreditFacilityAdustedTermSOFRRateOneMonthAddOn
11.448
CY2022Q4 mtrx Asset Backed Credit Facility Adjusted Term Sofr Rate Three Month Tenor
AssetBackedCreditFacilityAdjustedTermSOFRRateThreeMonthTenor
26.161
CY2022 mtrx Mtrx Asset Backed Credit Facility Federal Funds Rate Addition
MtrxAssetBackedCreditFacility_FederalFundsRateAddition
0.0050
CY2022 mtrx Asset Backed Credit Facility Adjusted Term Sofr Rate Minimum
AssetBackedCreditFacilityAdjustedTermSOFRRateMinimum
0.0100
CY2022 mtrx Alternate Base Rate Margin
AlternateBaseRateMargin
0.0100
CY2022 mtrx Line Of Credit Basis Spread On Alternate Base Rate Minimum
LineOfCreditBasisSpreadOnAlternateBaseRateMinimum
0.0100
CY2022 mtrx Line Of Credit Basis Spread On Alternate Base Rate Maximum
LineOfCreditBasisSpreadOnAlternateBaseRateMaximum
0.0150
CY2022Q4 mtrx Additional Margin On Adjusted Term Sofr Minimum
AdditionalMarginOnAdjustedTermSOFRMinimum
0.0200
CY2022Q4 mtrx Additional Margin On Adjusted Term Sofr Maximum
AdditionalMarginOnAdjustedTermSOFRMaximum
0.0250
CY2022 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025
CY2022Q2 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0600
CY2022 mtrx Mtrx Asset Backed Lineof Credit Balance Limitfor Fixed Charge Coverage Ratio
MtrxAssetBackedLineofCreditBalanceLimitforFixedChargeCoverageRatio
15000000 usd
CY2022 mtrx Mtrx Asset Backed Lineof Credit Percentage Limitfor Fixed Charge Coverage Ratio
MtrxAssetBackedLineofCreditPercentageLimitforFixedChargeCoverageRatio
0.1500
CY2022 mtrx Asset Backed Credit Facility Fixed Charge Coverage Ratio Requirement
AssetBackedCreditFacilityFixedChargeCoverageRatioRequirement
1.00 usd
CY2022 mtrx Asset Backed Credit Facility Fixed Charge Coverage Ratio Requirement
AssetBackedCreditFacilityFixedChargeCoverageRatioRequirement
1.00 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-53258000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-38867000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-32660000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-5025000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-4396000 usd
CY2022Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
300000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3984000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-58283000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-43263000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-36644000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
230000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-13154000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-376000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
28000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
465000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
412000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-239000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
23000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
259000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-12928000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
59000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2504000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
774000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5000000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2858000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-291000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1091000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
406000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2462000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5358000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
889000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3629000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5617000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12039000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3570000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-12239000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-9085000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7695000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1971000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1240000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-768000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
1132000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 usd
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
1813000 usd
CY2022 mtrx Income Tax Reconciliation Charges Without Tax Benefit
IncomeTaxReconciliationChargesWithoutTaxBenefit
-265000 usd
CY2021 mtrx Income Tax Reconciliation Charges Without Tax Benefit
IncomeTaxReconciliationChargesWithoutTaxBenefit
-961000 usd
CY2020 mtrx Income Tax Reconciliation Charges Without Tax Benefit
IncomeTaxReconciliationChargesWithoutTaxBenefit
-1707000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
17943000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2797000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3062000 usd
CY2022 mtrx Effectofnewaccountingstandardcomparedtooldstandard
Effectofnewaccountingstandardcomparedtooldstandard
-1019000 usd
CY2021 mtrx Effectofnewaccountingstandardcomparedtooldstandard
Effectofnewaccountingstandardcomparedtooldstandard
-1826000 usd
CY2020 mtrx Effectofnewaccountingstandardcomparedtooldstandard
Effectofnewaccountingstandardcomparedtooldstandard
-230000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
613000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1707000 usd
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1724000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-232000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-96000 usd
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-132000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
141000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-5223000 usd
CY2020 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
0 usd
CY2022 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
-120000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
-7000 usd
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies Other
IncomeTaxReconciliationTaxContingenciesOther
20000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
292000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-265000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-83000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5617000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12039000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3570000 usd
CY2022 mtrx Amount Of Non Deductible Goodwill Impaired
AmountOfNonDeductibleGoodwillImpaired
5400000 usd
CY2020 mtrx Amount Of Non Deductible Goodwill Impaired
AmountOfNonDeductibleGoodwillImpaired
8600000 usd
CY2022Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
1500000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
206000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
206000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
340000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
231000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
315000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
747000 usd
CY2022Q2 mtrx Deferred Tax Assets Insurance Reserve
DeferredTaxAssetsInsuranceReserve
1019000 usd
CY2021Q2 mtrx Deferred Tax Assets Insurance Reserve
DeferredTaxAssetsInsuranceReserve
1229000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
79000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
146000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
23717000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
14966000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
736000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
690000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
16000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
27000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1910000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1895000 usd
CY2022Q2 mtrx Deferred Tax Assets Accrued Losses
DeferredTaxAssetsAccruedLosses
1089000 usd
CY2021Q2 mtrx Deferred Tax Assets Accrued Losses
DeferredTaxAssetsAccruedLosses
64000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
160000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
725000 usd
CY2022Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
5449000 usd
CY2021Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
3765000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1427000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1920000 usd
CY2022Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1002000 usd
CY2021Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
665000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28615000 usd
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11104000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
8850000 usd
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
16172000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
7842000 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10315000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1034000 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
596000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8876000 usd
CY2021Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
10911000 usd
CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-26000 usd
CY2021Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5261000 usd
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
0 usd
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5295000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
26000 usd
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
34000 usd
CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-26000 usd
CY2021Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5261000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
12600000 usd
CY2022 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2400000 usd
CY2022Q2 mtrx Caresact Deferred Payroll Tax Liability
CARESACTDeferredPayrollTaxLiability
5600000 usd
CY2022Q2 us-gaap Unapproved Change Orders Amount
UnapprovedChangeOrdersAmount
8900000 usd
CY2021Q2 us-gaap Unapproved Change Orders Amount
UnapprovedChangeOrdersAmount
14600000 usd
CY2022Q2 us-gaap Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
17000000 usd
CY2022Q2 mtrx Percentage Of Real Estate Leases
PercentageOfRealEstateLeases
0.96
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
500000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
7511000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
8386000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
12274000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
24225000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25912000 usd
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
37371000 usd
CY2022 us-gaap Lease Cost
LeaseCost
31736000 usd
CY2021 us-gaap Lease Cost
LeaseCost
34298000 usd
CY2020 us-gaap Lease Cost
LeaseCost
49645000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6956000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5654000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3697000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3400000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3288000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8681000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
31676000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6057000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
25619000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5715000 usd
CY2021 mtrx Other Treasury Shares Acquired
OtherTreasurySharesAcquired
170629 shares
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19904000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
8060000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5687000 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2707175 shares
CY2022 us-gaap Line Of Credit Facility Dividend Restrictions
LineOfCreditFacilityDividendRestrictions
2.5 million
CY2022Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
1349037 shares
CY2022 mtrx Other Treasury Shares Acquired
OtherTreasurySharesAcquired
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CY2020 mtrx Other Treasury Shares Acquired
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Files In Submission

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