$NNBR
NN INC Stock $nnbr

$nnbr Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000091854123000123 Filed on August 04, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$124.4M	$125.2M
YoY Change	-2.24%	-0.12%
Cost Of Revenue	$104.5M	$107.7M
YoY Change	-3.27%	3.65%
Gross Profit	$19.90M	$17.52M
YoY Change	3.3%	-18.4%
Gross Profit Margin	15.99%	13.99%
Selling, General & Admin	$11.69M	$10.98M
YoY Change	14.58%	-25.81%
% of Gross Profit	58.76%	62.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.58M	$11.55M
YoY Change	3.43%	1.85%
% of Gross Profit	58.18%	65.92%
Operating Expenses	$11.69M	$10.98M
YoY Change	14.58%	-25.81%
Operating Profit	-$2.739M	-$4.047M
YoY Change	29.38%	-10.35%
Interest Expense	$5.739M	$5.457M
YoY Change	53.2%	56.45%
% of Operating Profit
Other Income/Expense, Net	$1.463M	-$5.641M
YoY Change	26.56%	-8519.4%
Pretax Income	-$7.015M	-$15.15M
YoY Change	49.03%	90.86%
Income Tax	-$245.0K	$325.0K
% Of Pretax Income
Net Earnings	-$5.057M	-$14.38M
YoY Change	128.31%	67.82%
Net Earnings / Revenue	-4.06%	-11.48%
Basic Earnings Per Share	-$0.18	-$0.38
Diluted Earnings Per Share	-$0.18	-$0.38
COMMON SHARES
Basic Shares Outstanding	47.02M shares	45.65M shares
Diluted Shares Outstanding	47.54M shares	46.36M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$21.80M	$14.34M
YoY Change	73.69%	-5.59%
Cash & Equivalents	$21.79M	$14.34M
Short-Term Investments
Other Short-Term Assets	$11.34M	$9.243M
YoY Change	-11.19%	-30.33%
Inventory	$70.92M	$77.39M
Prepaid Expenses
Receivables	$73.23M	$79.30M
Other Receivables	$12.20M	$12.50M
Total Short-Term Assets	$193.3M	$197.4M
YoY Change	-5.31%	-4.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$229.3M	$237.2M
YoY Change	-4.95%	-4.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$29.13M	$31.57M
YoY Change	3.33%	2.25%
Other Assets	$6.688M	$6.395M
YoY Change	16.31%	19.53%
Total Long-Term Assets	$327.4M	$341.0M
YoY Change	-7.38%	-6.94%
TOTAL ASSETS
Total Short-Term Assets	$193.3M	$197.4M
Total Long-Term Assets	$327.4M	$341.0M
Total Assets	$520.7M	$538.4M
YoY Change	-6.62%	-6.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$49.35M	$51.42M
YoY Change	9.4%	7.43%
Accrued Expenses	$18.70M	$18.68M
YoY Change	3.56%	-8.08%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$6.699M	$6.810M
YoY Change	112.67%	116.95%
Total Short-Term Liabilities	$88.52M	$91.02M
YoY Change	12.67%	7.79%
LONG-TERM LIABILITIES
Long-Term Debt	$145.9M	$148.6M
YoY Change	-5.48%	-1.77%
Other Long-Term Liabilities	$16.29M	$18.49M
YoY Change	53.15%	41.89%
Total Long-Term Liabilities	$162.2M	$167.1M
YoY Change	-1.7%	1.69%
TOTAL LIABILITIES
Total Short-Term Liabilities	$88.52M	$91.02M
Total Long-Term Liabilities	$162.2M	$167.1M
Total Liabilities	$302.7M	$313.0M
YoY Change	0.54%	1.69%
SHAREHOLDERS EQUITY
Retained Earnings	-$274.8M	-$269.8M
YoY Change	17.85%	16.79%
Common Stock	$473.0K	$470.0K
YoY Change	7.74%	7.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$143.7M	$154.4M
YoY Change
Total Liabilities & Shareholders Equity	$520.7M	$538.4M
YoY Change	-6.62%	-6.06%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$5.057M	-$14.38M
YoY Change	128.31%	67.82%
Depreciation, Depletion And Amortization	$11.58M	$11.55M
YoY Change	3.43%	1.85%
Cash From Operating Activities	$15.25M	$8.417M
YoY Change	-12107.87%	214.18%
INVESTING ACTIVITIES
Capital Expenditures	$4.090M	$7.199M
YoY Change	-194.94%	-232.31%
Acquisitions
YoY Change
Other Investing Activities	$100.0K	$1.742M
YoY Change	163.16%	351.3%
Cash From Investing Activities	-$4.000M	-$5.457M
YoY Change	-6.32%	7.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.470M	1.007M
YoY Change	-241.57%	99.01%
NET CHANGE
Cash From Operating Activities	15.25M	8.417M
Cash From Investing Activities	-4.000M	-5.457M
Cash From Financing Activities	-3.470M	1.007M
Net Change In Cash	7.780M	3.967M
YoY Change	-499.79%	-312.14%
FREE CASH FLOW
Cash From Operating Activities	$15.25M	$8.417M
Capital Expenditures	$4.090M	$7.199M
Free Cash Flow	$11.16M	$1.218M
YoY Change	166.92%	-85.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.38
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.67
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.67
CY2023Q2	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	59000	shares
CY2023Q2	nnbr	Adjustments Related To Tax Withholding And Forfeited For Share Based Compensation AdjustmentsRelatedToTaxWithholdingAndForfeitedForShareBasedCompensation	-73000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2823000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2823000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	223028000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-8567000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-8567000	usd
CY2022Q2	us-gaap	Dividends Preferred Stock Paidinkind DividendsPreferredStockPaidinkind	2658000	usd
CY2022Q2	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	-5000	shares
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2606000	usd
CY2022Q2	nnbr	Adjustments Related To Tax Withholding And Forfeited For Share Based Compensation AdjustmentsRelatedToTaxWithholdingAndForfeitedForShareBasedCompensation	-1000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-8086000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8086000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	206322000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	186264000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-24552000	usd
	us-gaap	Profit Loss ProfitLoss	-24552000	usd
	us-gaap	Dividends Preferred Stock Paidinkind DividendsPreferredStockPaidinkind	6247000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-21000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	851000	usd
	nnbr	Adjustments Related To Tax Withholding And Forfeited For Share Based Compensation AdjustmentsRelatedToTaxWithholdingAndForfeitedForShareBasedCompensation	-170000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1681000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1681000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	154444000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	224185000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-11869000	usd
	us-gaap	Profit Loss ProfitLoss	-11869000	usd
	us-gaap	Dividends Preferred Stock Paidinkind DividendsPreferredStockPaidinkind	5196000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3555000	usd
	nnbr	Adjustments Related To Tax Withholding And Forfeited For Share Based Compensation AdjustmentsRelatedToTaxWithholdingAndForfeitedForShareBasedCompensation	-88000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4265000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4265000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	206322000	usd
	us-gaap	Profit Loss ProfitLoss	-24552000	usd
	us-gaap	Profit Loss ProfitLoss	-11869000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23066000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22769000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	880000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	662000	usd
	us-gaap	Paid In Kind Interest PaidInKindInterest	744000	usd
	us-gaap	Paid In Kind Interest PaidInKindInterest	0	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-5691000	usd
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	3237000	usd
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	1374000	usd
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-1515000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	851000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3555000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	110000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	94000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-721000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-2763000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5078000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13264000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-3920000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	10586000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	6927000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	11960000	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-730000	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-475000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1091000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-905000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8643000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2544000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12196000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9703000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2777000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	422000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-9419000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-9281000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	35000000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	20000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	34725000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	19482000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	55000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	3648000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1610000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1528000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2258000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1010000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-635000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1529000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-13470000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12808000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28656000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14337000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15186000	usd
	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	500000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-300000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	200000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125206000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125362000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	252294000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	253429000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4047000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4514000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-11122000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-7934000	usd
CY2023Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	29904000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	32146000	usd
CY2023Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	24909000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	24610000	usd
CY2023Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	22573000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	23926000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	77386000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	80682000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	72891000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7126000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	65765000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.021
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.067
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.132
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.219
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	161776000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	157104000	usd
CY2023Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	6810000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3321000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	154966000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	153783000	usd
CY2023Q2	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	6330000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	4394000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	148636000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	149389000	usd
CY2023Q2	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	600000	usd
CY2022Q4	us-gaap	Debt Issuance Costs Line Of Credit Arrangements Net DebtIssuanceCostsLineOfCreditArrangementsNet	600000	usd
	nnbr	Proceeds From Derivative Instrument Operating Activities ProceedsFromDerivativeInstrumentOperatingActivities	2500000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	167000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	172000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	7310000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	7543000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1418000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1440000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	1619000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	395000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	477000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	2178000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125362000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	253429000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125206000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	125362000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	252294000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	253429000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1100000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	700000	usd
	us-gaap	Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized	700000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	470000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2606000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	851000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3555000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-35978000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-2374000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	0	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-2374000	usd
CY2023Q2	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	0	usd
CY2023Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-449000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2823000	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-38801000	usd
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-28081000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-8490000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	-98000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-8117000	usd
CY2022Q2	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	7000	usd
CY2022Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	31000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-105000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8086000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-36167000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-37120000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-534000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	97000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-764000	usd
	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	0	usd
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-917000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	97000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1681000	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-38801000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-31902000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-5890000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	-414000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-4330000	usd
	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	17000	usd
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	65000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-431000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4265000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-36167000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-14377000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-8567000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-24552000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-11869000	usd
CY2023Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	3196000	usd
CY2022Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2658000	usd
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	6247000	usd
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	5196000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-17573000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-17573000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-11225000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-11225000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-30799000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-30799000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-17065000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-17065000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	46309000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	43885000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	45085000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	43599000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	2826000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	1070000	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	1790000	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	844000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	2874000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	1893000	shares
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	2541000	shares
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	1894000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	46357000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44708000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44708000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	45836000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45836000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44649000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44649000	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.25
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.67
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.67
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.38
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1892000	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2046000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1954000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2073000	shares
CY2023Q2	nnbr	Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Minimum Price Range AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMinimumPriceRange	7.93
CY2023Q2	nnbr	Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Maximum Price Range One AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMaximumPriceRangeOne	25.16
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	2959000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	2712000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	3745000	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	9416000	usd
CY2023Q2	us-gaap	Warrants And Rights Outstanding Term WarrantsAndRightsOutstandingTerm	P2Y10M24D
	nnbr	Proceeds From Derivative Instrument Operating Activities ProceedsFromDerivativeInstrumentOperatingActivities	2500000	usd
CY2023Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	164200000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	155200000	usd
CY2023Q2	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	155400000	usd
CY2022Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	152700000	usd

Files In Submission

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0000918541-23-000123-index.html	Edgar Link	pending
0000918541-23-000123.txt	Edgar Link	pending
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exhibit3112023-q2.htm	Edgar Link	pending
exhibit3122023-q2.htm	Edgar Link	pending
exhibit3212023-q2.htm	Edgar Link	pending
exhibit3222023-q2.htm	Edgar Link	pending
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$NNBR
NN INC Stock $nnbr

2023 Q3 Form 10-Q Financial Statement

#000091854123000123 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NNBR NN INC Stock $nnbr

2023 Q3 Form 10-Q Financial Statement

#000091854123000123 Filed on August 04, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NNBR
NN INC Stock $nnbr