2023 Q3 Form 10-Q Financial Statement

#000095017023037938 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $197.8M $208.5M
YoY Change -13.27% -10.6%
Cost Of Revenue $135.4M $139.7M
YoY Change -13.42% -11.8%
Gross Profit $62.38M $68.71M
YoY Change -12.94% -8.04%
Gross Profit Margin 31.54% 32.96%
Selling, General & Admin $43.70M $52.35M
YoY Change -15.57% 0.06%
% of Gross Profit 70.05% 76.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.600M $5.677M
YoY Change 6.06% 5.87%
% of Gross Profit 8.98% 8.26%
Operating Expenses $43.70M $52.35M
YoY Change -15.57% 0.06%
Operating Profit $18.70M $16.36M
YoY Change -6.0% -27.67%
Interest Expense -$1.539M -$1.790M
YoY Change -10.47% 47.81%
% of Operating Profit -8.23% -10.94%
Other Income/Expense, Net
YoY Change
Pretax Income $17.16M $14.35M
YoY Change -5.58% -32.95%
Income Tax $4.417M $3.747M
% Of Pretax Income 25.73% 26.11%
Net Earnings $12.75M $10.61M
YoY Change -6.76% -33.01%
Net Earnings / Revenue 6.44% 5.09%
Basic Earnings Per Share $0.35 $0.29
Diluted Earnings Per Share $0.34 $0.29
COMMON SHARES
Basic Shares Outstanding 36.81M 36.74M
Diluted Shares Outstanding 36.98M 36.89M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.80M $30.69M
YoY Change 21.43% 36.81%
Cash & Equivalents $24.77M $30.69M
Short-Term Investments
Other Short-Term Assets $9.100M $10.84M
YoY Change -13.26% -4.09%
Inventory $96.23M $98.24M
Prepaid Expenses
Receivables $117.4M $116.8M
Other Receivables $0.00 $80.00K
Total Short-Term Assets $247.4M $256.6M
YoY Change -7.65% -6.56%
LONG-TERM ASSETS
Property, Plant & Equipment $106.9M $134.2M
YoY Change 9.23% 41.3%
Goodwill $95.13M $95.39M
YoY Change -0.16% -0.73%
Intangibles $46.79M $48.44M
YoY Change -12.4% -12.06%
Long-Term Investments
YoY Change
Other Assets $7.347M $8.107M
YoY Change 38.39% 97.92%
Total Long-Term Assets $283.7M $286.1M
YoY Change 0.67% 2.4%
TOTAL ASSETS
Total Short-Term Assets $247.4M $256.6M
Total Long-Term Assets $283.7M $286.1M
Total Assets $531.1M $542.7M
YoY Change -3.38% -2.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $80.76M $81.74M
YoY Change -16.85% -21.64%
Accrued Expenses $34.30M $34.14M
YoY Change -13.98% -15.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $25.99M $26.52M
YoY Change
Total Short-Term Liabilities $163.9M $164.3M
YoY Change 6.88% 2.66%
LONG-TERM LIABILITIES
Long-Term Debt $33.99M $61.63M
YoY Change -65.31% -40.71%
Other Long-Term Liabilities $10.28M $33.40M
YoY Change -24.88% 140.9%
Total Long-Term Liabilities $44.27M $95.03M
YoY Change -60.35% -19.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.9M $164.3M
Total Long-Term Liabilities $44.27M $95.03M
Total Liabilities $248.9M $268.3M
YoY Change -18.33% -15.3%
SHAREHOLDERS EQUITY
Retained Earnings -$43.01M -$50.72M
YoY Change -40.51% -37.37%
Common Stock $343.2M $342.1M
YoY Change 2.23% 2.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $282.2M $274.4M
YoY Change
Total Liabilities & Shareholders Equity $531.1M $542.7M
YoY Change -3.38% -2.04%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $12.75M $10.61M
YoY Change -6.76% -33.01%
Depreciation, Depletion And Amortization $5.600M $5.677M
YoY Change 6.06% 5.87%
Cash From Operating Activities $22.13M $22.85M
YoY Change 34.45% -15.38%
INVESTING ACTIVITIES
Capital Expenditures $4.070M $6.125M
YoY Change -161.0% -204.11%
Acquisitions
YoY Change
Other Investing Activities $0.00 $109.0K
YoY Change -100.0% -100.46%
Cash From Investing Activities -$4.080M -$6.016M
YoY Change -38.61% -79.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.76M -14.55M
YoY Change 103.72% -287.86%
NET CHANGE
Cash From Operating Activities 22.13M 22.85M
Cash From Investing Activities -4.080M -6.016M
Cash From Financing Activities -23.76M -14.55M
Net Change In Cash -5.710M 2.288M
YoY Change 208.82% -54.59%
FREE CASH FLOW
Cash From Operating Activities $22.13M $22.85M
Capital Expenditures $4.070M $6.125M
Free Cash Flow $18.06M $16.73M
YoY Change -21.93% -49.14%

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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4392000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10321000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
274422000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
209325000
us-gaap Net Income Loss
NetIncomeLoss
33168000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-609000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1491000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3860000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9977000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
237258000
us-gaap Profit Loss
ProfitLoss
23581000
us-gaap Profit Loss
ProfitLoss
33168000
us-gaap Depreciation
Depreciation
11295000
us-gaap Depreciation
Depreciation
10441000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
156000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
242000
us-gaap Share Based Compensation
ShareBasedCompensation
4392000
us-gaap Share Based Compensation
ShareBasedCompensation
3860000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
56000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
688000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2492000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-698000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15096000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21200000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4730000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7259000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3828000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5702000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
240000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
20739000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48638000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34299000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15216000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10943000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
160000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
24253000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
142000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1499000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15234000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33697000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-15000000
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
13000000
mye Payments On Finance Lease
PaymentsOnFinanceLease
258000
mye Payments On Finance Lease
PaymentsOnFinanceLease
249000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10296000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9934000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1569000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1838000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2033000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
347000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-26018000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4308000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
167000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-131000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7553000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4779000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23139000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17655000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
30692000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
22434000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2273000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2173000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
675000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-110000
mye Allowance For Doubtful Accounts Receivable Write Offs And Other
AllowanceForDoubtfulAccountsReceivableWriteOffsAndOther
258000
mye Allowance For Doubtful Accounts Receivable Write Offs And Other
AllowanceForDoubtfulAccountsReceivableWriteOffsAndOther
302000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2690000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1761000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
208453000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
233156000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
424192000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
458642000
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
200000
us-gaap Restructuring Charges
RestructuringCharges
500000
us-gaap Restructuring Charges
RestructuringCharges
400000
CY2023Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.35
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
0
CY2023Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
57582000
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
54991000
CY2023Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
40656000
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
38360000
CY2023Q2 us-gaap Inventory Net
InventoryNet
98238000
CY2022Q4 us-gaap Inventory Net
InventoryNet
93351000
CY2023Q2 mye Customer Deposits And Accrued Rebates Current
CustomerDepositsAndAccruedRebatesCurrent
8244000
CY2022Q4 mye Customer Deposits And Accrued Rebates Current
CustomerDepositsAndAccruedRebatesCurrent
10607000
CY2023Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
5747000
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
5722000
CY2023Q2 us-gaap Litigation Reserve Current
LitigationReserveCurrent
1826000
CY2022Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
596000
CY2023Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
7905000
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
3284000
CY2023Q2 mye Other Accrued Expenses Current
OtherAccruedExpensesCurrent
7615000
CY2022Q4 mye Other Accrued Expenses Current
OtherAccruedExpensesCurrent
6171000
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
31337000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
26380000
CY2023Q2 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
8614000
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
13078000
CY2023Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
688000
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
824000
CY2023Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
213000
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
184000
CY2023Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1899000
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1184000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11414000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15270000
CY2022Q4 us-gaap Goodwill
Goodwill
95157000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
233000
CY2023Q2 us-gaap Goodwill
Goodwill
95390000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36761916
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36397547
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36663345
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36338907
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
130261
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
225948
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
210739
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
238285
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36892177
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36623495
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36874084
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36577192
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
114540
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18820
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
114540
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2500000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2100000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4400000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3900000
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
13100000
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
CY2020 us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
2000000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
79000000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
94000000
CY2023Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
25000
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
38000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
78975000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
93962000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
25989000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
52986000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
93962000
mye Loan Agreement Amendment Description
LoanAgreementAmendmentDescription
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.
mye Loan Maturity Period
LoanMaturityPeriod
2027-09
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
Borrowings under the Loan Agreement bear interest at the Term SOFR, RFR, EURIBOR and CDOR-based borrowing rates. Amounts borrowed under the credit facility are secured by pledges of stock of certain of the Company’s foreign subsidiaries and guaranties of certain of its domestic subsidiaries.
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.261
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.26
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.257
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 June 30, 2023, the Company is no longer subject to U.S. Federal examination by tax authorities for tax years before 2019.
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.
CY2023Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27518000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28908000
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8731000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9075000
CY2023Q2 mye Operating And Finance Lease Assets
OperatingAndFinanceLeaseAssets
36249000
CY2022Q4 mye Operating And Finance Lease Assets
OperatingAndFinanceLeaseAssets
37983000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5691000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6177000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21982000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22786000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
27673000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
28963000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
534000
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
518000
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8645000
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8919000
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
9179000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
9437000
CY2023Q2 mye Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
36852000
CY2022Q4 mye Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
38400000
CY2023Q2 us-gaap Lease Cost
LeaseCost
2654000
CY2022Q2 us-gaap Lease Cost
LeaseCost
2300000
us-gaap Lease Cost
LeaseCost
5315000
us-gaap Lease Cost
LeaseCost
4525000
us-gaap Operating Lease Payments
OperatingLeasePayments
3785000
us-gaap Operating Lease Payments
OperatingLeasePayments
3286000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
162000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
171000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
258000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
249000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1956000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1296000
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
0
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M13D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y5M8D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P12Y8M4D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y2M1D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.035
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.035
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3563000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
420000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due Next Twelve Months
OperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3983000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5927000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
861000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
6788000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5088000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
865000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
5953000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4410000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
865000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
5275000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3511000
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
887000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
4398000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8382000
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
7521000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due After Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
15903000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30881000
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
11419000
CY2023Q2 mye Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
42300000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3208000
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2240000
CY2023Q2 mye Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
5448000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
27673000
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
9179000
CY2023Q2 mye Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
36852000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
208453000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
233156000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
424192000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
458642000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
16142000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
22617000
us-gaap Operating Income Loss
OperatingIncomeLoss
35099000
us-gaap Operating Income Loss
OperatingIncomeLoss
47022000
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1790000
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1211000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3436000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2358000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14352000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21406000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31663000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44664000
CY2023Q2 us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
1800000
CY2022Q2 us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
600000
us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
2300000
us-gaap Accrual For Environmental Loss Contingencies Charges To Expense For New Losses
AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses
1300000
CY2023Q2 us-gaap Severance Costs1
SeveranceCosts1
700000
us-gaap Severance Costs1
SeveranceCosts1
700000
CY2023Q2 mye Strategic Consulting Costs
StrategicConsultingCosts
1300000
mye Strategic Consulting Costs
StrategicConsultingCosts
1300000
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

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