2022 Q4 Form 10-Q Financial Statement

#000095017022020317 Filed on October 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $212.8M $228.1M $200.1M
YoY Change 6.64% 14.0% 51.26%
Cost Of Revenue $147.8M $156.4M $145.8M
YoY Change 0.48% 7.31% 71.08%
Gross Profit $65.07M $71.65M $54.30M
YoY Change 23.91% 31.95% 15.36%
Gross Profit Margin 30.57% 31.42% 27.14%
Selling, General & Admin $47.42M $51.76M $42.53M
YoY Change 14.82% 21.69% 35.02%
% of Gross Profit 72.88% 72.24% 78.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.253M $5.280M $4.879M
YoY Change -43.88% 8.22% 17.57%
% of Gross Profit 8.07% 7.37% 8.99%
Operating Expenses $47.42M $51.76M $42.53M
YoY Change 14.82% 21.69% 35.02%
Operating Profit $17.65M $19.90M $11.82M
YoY Change 57.4% 68.38% -10.07%
Interest Expense -$1.654M -$1.719M -$1.056M
YoY Change 42.83% 62.78% -12.29%
% of Operating Profit -9.37% -8.64% -8.94%
Other Income/Expense, Net
YoY Change
Pretax Income $15.37M $18.18M $10.76M
YoY Change 60.22% 68.92% -9.84%
Income Tax $1.940M $4.507M $2.858M
% Of Pretax Income 12.62% 24.79% 26.56%
Net Earnings $13.43M $13.67M $7.903M
YoY Change 85.09% 72.98% -9.0%
Net Earnings / Revenue 6.31% 5.99% 3.95%
Basic Earnings Per Share $0.37 $0.22
Diluted Earnings Per Share $0.36 $0.37 $217.1K
COMMON SHARES
Basic Shares Outstanding 36.50M 36.47M 36.20M
Diluted Shares Outstanding 36.72M 36.40M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.14M $20.42M $14.83M
YoY Change 31.06% 37.73% -82.28%
Cash & Equivalents $23.14M $20.42M $14.83M
Short-Term Investments
Other Short-Term Assets $7.001M $10.49M $7.201M
YoY Change 27.29% 45.69% 56.54%
Inventory $93.35M $108.2M $90.38M
Prepaid Expenses
Receivables $133.7M $128.8M $116.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $257.2M $267.9M $228.6M
YoY Change 16.96% 17.22% 7.81%
LONG-TERM ASSETS
Property, Plant & Equipment $101.6M $97.90M $90.50M
YoY Change 10.34% 8.18% 53.64%
Goodwill $95.16M $95.28M
YoY Change 7.19%
Intangibles $51.75M $53.41M
YoY Change 3.13%
Long-Term Investments
YoY Change
Other Assets $7.915M $5.309M $4.350M
YoY Change 86.85% 22.05% 20.83%
Total Long-Term Assets $285.4M $281.8M $266.2M
YoY Change 7.86% 5.85% 72.43%
TOTAL ASSETS
Total Short-Term Assets $257.2M $267.9M $228.6M
Total Long-Term Assets $285.4M $281.8M $266.2M
Total Assets $542.6M $549.7M $494.8M
YoY Change 11.99% 11.1% 35.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.54M $97.13M $78.55M
YoY Change -9.98% 23.65% 65.03%
Accrued Expenses $42.04M $39.87M $36.86M
YoY Change 9.92% 8.17% 49.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $137.8M $153.3M $128.0M
YoY Change 3.97% 19.74% 2.44%
LONG-TERM LIABILITIES
Long-Term Debt $93.96M $97.96M $111.3M
YoY Change 3.32% -12.02% 196.9%
Other Long-Term Liabilities $15.27M $13.69M $12.52M
YoY Change 16.69% 9.33% -3.17%
Total Long-Term Liabilities $109.2M $111.7M $123.9M
YoY Change 5.0% -9.86% 145.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $137.8M $153.3M $128.0M
Total Long-Term Liabilities $109.2M $111.7M $123.9M
Total Liabilities $286.2M $304.7M $251.9M
YoY Change 3.99% 20.98% 40.89%
SHAREHOLDERS EQUITY
Retained Earnings -$63.98M -$72.31M -$106.5M
YoY Change -38.58% -32.1%
Common Stock $338.2M $335.7M $327.8M
YoY Change 2.83% 2.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $256.4M $245.0M $205.5M
YoY Change
Total Liabilities & Shareholders Equity $542.6M $549.7M $494.8M
YoY Change 11.99% 11.1% 35.04%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $13.43M $13.67M $7.903M
YoY Change 85.09% 72.98% -9.0%
Depreciation, Depletion And Amortization $5.253M $5.280M $4.879M
YoY Change -43.88% 8.22% 17.57%
Cash From Operating Activities $21.86M $16.46M -$7.757M
YoY Change -30.31% -312.2% -139.7%
INVESTING ACTIVITIES
Capital Expenditures $6.677M -$6.672M -$6.044M
YoY Change -285.32% 10.39% 79.35%
Acquisitions
YoY Change
Other Investing Activities -$3.361M $26.00K -$34.05M
YoY Change -100.08% 113390.0%
Cash From Investing Activities -$10.04M -$6.646M -$40.09M
YoY Change 178.6% -83.42% 1082.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.962M -11.66M 49.20M
YoY Change -64.0% -123.71% -1133.57%
NET CHANGE
Cash From Operating Activities 21.86M 16.46M -7.757M
Cash From Investing Activities -10.04M -6.646M -40.09M
Cash From Financing Activities -8.962M -11.66M 49.20M
Net Change In Cash 2.862M -1.849M 1.350M
YoY Change -0.42% -236.96% -88.15%
FREE CASH FLOW
Cash From Operating Activities $21.86M $16.46M -$7.757M
Capital Expenditures $6.677M -$6.672M -$6.044M
Free Cash Flow $15.18M $23.13M -$1.713M
YoY Change -56.58% -1450.38% -107.48%

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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-874000
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
711000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
772000
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4968000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
205525000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
209325000
us-gaap Net Income Loss
NetIncomeLoss
46839000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2601000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
450000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2985000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1609000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5168000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
14979000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
244977000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
189100000
us-gaap Net Income Loss
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26283000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2383000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
14849000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
205525000
us-gaap Profit Loss
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46839000
us-gaap Profit Loss
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26283000
us-gaap Depreciation
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15963000
us-gaap Depreciation
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15631000
us-gaap Share Based Compensation
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5168000
us-gaap Share Based Compensation
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2601000
us-gaap Gain Loss On Disposition Of Assets
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693000
us-gaap Gain Loss On Disposition Of Assets
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1146000
us-gaap Other Noncash Income Expense
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-292000
us-gaap Other Noncash Income Expense
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2096000
us-gaap Increase Decrease In Accounts Receivable
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18751000
us-gaap Increase Decrease In Accounts Receivable
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29528000
us-gaap Increase Decrease In Inventories
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7016000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21827000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4912000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2378000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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13869000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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26004000
us-gaap Net Cash Provided By Used In Operating Activities
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50759000
us-gaap Net Cash Provided By Used In Operating Activities
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13544000
us-gaap Payments To Acquire Property Plant And Equipment
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17615000
us-gaap Payments To Acquire Property Plant And Equipment
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14264000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
24253000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
35473000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1525000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3051000
us-gaap Net Cash Provided By Used In Investing Activities
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-40343000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46686000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
7000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
73400000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0
us-gaap Repayments Of Long Term Debt
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40000000
mye Payments On Finance Lease
PaymentsOnFinanceLease
374000
mye Payments On Finance Lease
PaymentsOnFinanceLease
281000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14872000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14701000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20424000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
853000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
718000
CY2021Q4 us-gaap Inventory Net
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93551000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7355000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19705000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-292000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-35000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2769000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13472000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17655000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
28301000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14829000
CY2020 us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
2000000.0
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2173000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2335000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
218000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
991000
mye Allowance For Doubtful Accounts Receivable Write Offs And Other
AllowanceForDoubtfulAccountsReceivableWriteOffsAndOther
469000
mye Allowance For Doubtful Accounts Receivable Write Offs And Other
AllowanceForDoubtfulAccountsReceivableWriteOffsAndOther
472000
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1922000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2854000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
228065000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
200058000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
686707000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
561856000
CY2022Q3 us-gaap Inventory Net
InventoryNet
108158000
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
300000
us-gaap Restructuring Charges
RestructuringCharges
700000
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
100000
us-gaap Restructuring Charges
RestructuringCharges
200000
CY2022Q3 us-gaap Percentage Of Lifo Inventory
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0.40
CY2022Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1100000
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1100000
CY2021Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1600000
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
1600000
CY2022Q3 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
65576000
CY2021Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
56684000
CY2022Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
42582000
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
36867000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
98000000
CY2022Q3 mye Customer Deposits And Accrued Rebates Current
CustomerDepositsAndAccruedRebatesCurrent
6541000
CY2021Q4 mye Customer Deposits And Accrued Rebates Current
CustomerDepositsAndAccruedRebatesCurrent
5194000
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
5549000
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
5441000
CY2022Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
574000
CY2021Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
777000
CY2022Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1429000
CY2021Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1429000
CY2022Q3 mye Other Accrued Expenses Current
OtherAccruedExpensesCurrent
6370000
CY2021Q4 mye Other Accrued Expenses Current
OtherAccruedExpensesCurrent
6787000
CY2022Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20463000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
19628000
CY2022Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
10614000
CY2021Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
8298000
CY2022Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
958000
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1176000
CY2022Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
276000
CY2021Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
421000
CY2022Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1843000
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3191000
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13691000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13086000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
91000000
CY2022Q3 us-gaap Unamortized Debt Issuance Expense
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39000
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
55000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
209000
CY2021Q4 us-gaap Goodwill
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88778000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7359000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-854000
CY2022Q3 us-gaap Goodwill
Goodwill
95283000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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36472378
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36195560
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36383398
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36103894
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
244775
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
206716
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
295557
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
224871
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36717153
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36402276
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36678955
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36328765
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
114540
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
42945
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1300000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
9300000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
9050000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
9437000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
97961000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
90945000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
97961000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
90945000
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
On September 29, 2022, the Company entered into a Seventh Amended and Restated Loan Agreement (the “Seventh Amendment”), which amended the Sixth Amended and Restated Loan Agreement (the "Sixth Amendment"), dated March 12, 2021. The Seventh Amendment, among other things, extended the maturity date to September 2027 from March 2024.
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.248
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.266
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.260
CY2022Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
800000
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
800000
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company and its subsidiaries file U.S. Federal, state and local, and non-U.S. income tax returns. As of September 30, 2022, the Company is no longer subject to U.S. Federal examination by tax authorities for tax years before 2015.
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Certain of these leases include options to extend the lease for up to five years, and some include options to terminate the lease early.
us-gaap Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
Certain of these leases include options to extend the lease for up to five years, and some include options to terminate the lease early.
CY2022Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29809000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29285000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9248000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9765000
CY2022Q3 mye Operating And Finance Lease Assets
OperatingAndFinanceLeaseAssets
39057000
CY2021Q4 mye Operating And Finance Lease Assets
OperatingAndFinanceLeaseAssets
39050000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6155000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5341000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23666000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23815000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29821000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29156000
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
513000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
500000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
374000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
281000
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
9563000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9937000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
45463000
CY2022Q3 mye Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
39384000
CY2021Q4 mye Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
39093000
CY2022Q3 us-gaap Lease Cost
LeaseCost
2500000
CY2021Q3 us-gaap Lease Cost
LeaseCost
2254000
us-gaap Lease Cost
LeaseCost
7026000
us-gaap Lease Cost
LeaseCost
5944000
us-gaap Operating Lease Payments
OperatingLeasePayments
5074000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3638000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7146000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
10339000
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M13D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M7D
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y5M1D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y2M1D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.035
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.035
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1805000
CY2022Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
210000
CY2022Q3 mye Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2015000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6777000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
840000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due Next Twelve Months
OperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
7617000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5160000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
861000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
6021000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4315000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
865000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
5180000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3796000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
865000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
4661000
CY2022Q3 mye Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
11561000
CY2022Q3 mye Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
8408000
CY2022Q3 mye Operating And Finance Lease Liability Payments Due After Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFour
19969000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33414000
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
12049000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29821000
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
9563000
CY2022Q3 mye Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
39384000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
228065000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
200058000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
686707000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
561856000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
19897000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3593000
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2486000
CY2022Q3 mye Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
6079000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11817000
us-gaap Operating Income Loss
OperatingIncomeLoss
66919000
us-gaap Operating Income Loss
OperatingIncomeLoss
38551000
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1719000
CY2021Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1056000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4077000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3050000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18178000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10761000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
62842000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35501000
us-gaap Severance Costs1
SeveranceCosts1
800000
CY2022Q3 us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
1500000
us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
2800000

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
mye-20220930_pre.xml Edgar Link unprocessable
mye-20220930_htm.xml Edgar Link completed
mye-20220930_lab.xml Edgar Link unprocessable
0000950170-22-020317-index-headers.html Edgar Link pending
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0000950170-22-020317.txt Edgar Link pending
0000950170-22-020317-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mye-20220930.htm Edgar Link pending
mye-20220930.xsd Edgar Link pending
mye-ex31_1.htm Edgar Link pending
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report.css Edgar Link pending
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mye-20220930_cal.xml Edgar Link unprocessable