2021 Q4 Form 10-Q Financial Statement

#000146659321000073 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $333.2M $316.3M $235.8M
YoY Change 46.93% 34.16% 3.11%
Cost Of Revenue $154.7M $144.1M $100.3M
YoY Change 57.26% 43.66% -1.57%
Gross Profit $178.5M $172.2M $135.5M
YoY Change 39.01% 27.09% 6.86%
Gross Profit Margin 53.56% 54.44% 57.47%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.25M $22.82M $20.40M
YoY Change 11.77% 11.87% 3.75%
% of Gross Profit 13.03% 13.25% 15.05%
Operating Expenses $107.3M $97.68M $82.70M
YoY Change 6.8% 18.11% -7.6%
Operating Profit $71.16M $74.53M $52.73M
YoY Change 155.05% 41.34% 41.54%
Interest Expense -$9.170M -$9.648M -$8.600M
YoY Change 0.77% 12.19% 14.67%
% of Operating Profit -12.89% -12.95% -16.31%
Other Income/Expense, Net $300.0K $203.0K $1.712M
YoY Change -80.0% -88.14% 67.84%
Pretax Income $62.29M $64.58M $45.03M
YoY Change 206.84% 43.41% 51.72%
Income Tax $10.67M $11.82M $9.097M
% Of Pretax Income 17.13% 18.31% 20.2%
Net Earnings $51.62M $52.75M $35.93M
YoY Change 176.03% 46.81% 45.22%
Net Earnings / Revenue 15.49% 16.68% 15.24%
Basic Earnings Per Share $1.27 $0.88
Diluted Earnings Per Share $1.232M $1.26 $0.87
COMMON SHARES
Basic Shares Outstanding 41.54M shares 41.50M shares 40.91M shares
Diluted Shares Outstanding 41.87M shares 41.08M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.537M $1.272M $44.90M
YoY Change 28.08% -97.17% 4888.89%
Cash & Equivalents $1.537M $1.272M $44.90M
Short-Term Investments
Other Short-Term Assets $17.03M $17.80M $7.552M
YoY Change 201.72% 135.75% 9.04%
Inventory $148.5M $114.6M $81.87M
Prepaid Expenses
Receivables $140.5M $150.6M $100.4M
Other Receivables $10.59M $11.18M $6.322M
Total Short-Term Assets $369.4M $335.0M $274.9M
YoY Change 57.28% 21.84% 15.68%
LONG-TERM ASSETS
Property, Plant & Equipment $2.125B $2.083B $1.993B
YoY Change 3.68% 4.54% 17.77%
Goodwill $37.57M $37.57M $37.57M
YoY Change 0.0% 0.0% 0.0%
Intangibles $9.044M $9.319M $10.42M
YoY Change -10.84% -10.56% -9.89%
Long-Term Investments $56.69M $55.46M $10.80M
YoY Change 9.23% 413.48% 11.34%
Other Assets $32.06M $34.10M $42.32M
YoY Change 21.97% -19.43% 8.51%
Total Long-Term Assets $2.385B $2.378B $2.260B
YoY Change 1.79% 5.25% 16.32%
TOTAL ASSETS
Total Short-Term Assets $369.4M $335.0M $274.9M
Total Long-Term Assets $2.385B $2.378B $2.260B
Total Assets $2.755B $2.713B $2.535B
YoY Change 6.84% 7.05% 16.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $135.1M $135.4M $189.3M
YoY Change 12.0% -28.46% 111.87%
Accrued Expenses $87.38M $28.46M $34.40M
YoY Change 76.87% -17.28% 12.42%
Deferred Revenue
YoY Change
Short-Term Debt $91.16M $97.86M $48.60M
YoY Change 12.55% 101.35% -55.41%
Long-Term Debt Due $29.98M $170.0M $215.0K
YoY Change -78.6% 78952.09% 19.44%
Total Short-Term Liabilities $387.7M $510.1M $299.7M
YoY Change -11.24% 70.18% 18.39%
LONG-TERM LIABILITIES
Long-Term Debt $734.0M $594.6M $764.3M
YoY Change 17.55% -22.2% 29.53%
Other Long-Term Liabilities $62.53M $62.34M $35.15M
YoY Change 4.21% 77.38% 24.94%
Total Long-Term Liabilities $642.3M $656.0M $799.4M
YoY Change -0.59% -17.95% 29.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $387.7M $510.1M $299.7M
Total Long-Term Liabilities $642.3M $656.0M $799.4M
Total Liabilities $1.030B $1.166B $1.099B
YoY Change -4.89% 6.09% 26.15%
SHAREHOLDERS EQUITY
Retained Earnings $369.8M $334.4M $254.5M
YoY Change 43.39% 31.41% 17.85%
Common Stock $627.5M $626.3M $603.6M
YoY Change 0.95% 3.76% 10.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $990.8M $952.5M $852.1M
YoY Change
Total Liabilities & Shareholders Equity $2.755B $2.713B $2.535B
YoY Change 6.84% 7.05% 16.25%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $51.62M $52.75M $35.93M
YoY Change 176.03% 46.81% 45.22%
Depreciation, Depletion And Amortization $23.25M $22.82M $20.40M
YoY Change 11.77% 11.87% 3.75%
Cash From Operating Activities $76.49M $86.18M $67.40M
YoY Change 8.34% 27.86% 88.27%
INVESTING ACTIVITIES
Capital Expenditures -$54.52M -$40.42M -$100.8M
YoY Change -63.9% -59.9% 5.33%
Acquisitions
YoY Change
Other Investing Activities $91.00K -$260.0K -$600.0K
YoY Change -103.96% -56.67%
Cash From Investing Activities -$54.43M -$40.68M -$101.4M
YoY Change -64.5% -59.88% 5.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.80M -45.71M 39.40M
YoY Change -156.04% -216.0% -34.11%
NET CHANGE
Cash From Operating Activities 76.49M 86.18M 67.40M
Cash From Investing Activities -54.43M -40.68M -101.4M
Cash From Financing Activities -21.80M -45.71M 39.40M
Net Change In Cash 265.0K -208.0K 5.400M
YoY Change -100.61% -103.85% -5500.0%
FREE CASH FLOW
Cash From Operating Activities $76.49M $86.18M $67.40M
Capital Expenditures -$54.52M -$40.42M -$100.8M
Free Cash Flow $131.0M $126.6M $168.2M
YoY Change -40.88% -24.73% 27.91%

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EarningsPerShareBasic
3.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.90
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
52754000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
35934000 USD
us-gaap Net Income Loss
NetIncomeLoss
125152000 USD
us-gaap Net Income Loss
NetIncomeLoss
77183000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
21000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
43000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-13000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-33000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-13000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-85000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
205000 USD
CY2021Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-7000 USD
CY2020Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-7000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-27000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
46000 USD
CY2021Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-26000 USD
CY2020Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-27000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-101000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
172000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-197000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-138000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-591000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-413000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-51000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-36000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-154000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-108000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-146000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-102000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-437000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-305000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
120000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
75000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
336000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
477000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
52874000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
36009000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
125488000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
77660000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
915123000 USD
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
126000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
52754000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
120000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
830000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.39
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16219000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
952482000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
822055000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7902000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
35934000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
75000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1275000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15171000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
852070000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
870966000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-48000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1633000 USD
us-gaap Net Income Loss
NetIncomeLoss
125152000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
336000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6354000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.17
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
477000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
48645000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
952482000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
781482000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
34771000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2069000 USD
us-gaap Net Income Loss
NetIncomeLoss
77183000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5282000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.11
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
45056000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
852070000 USD
us-gaap Net Income Loss
NetIncomeLoss
125152000 USD
us-gaap Net Income Loss
NetIncomeLoss
77183000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
68109000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61230000 USD
us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-558000 USD
us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-986000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18835000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20353000 USD
ottr Increase Decrease In Deferred Charges And Other Assets
IncreaseDecreaseInDeferredChargesAndOtherAssets
6166000 USD
ottr Increase Decrease In Deferred Charges And Other Assets
IncreaseDecreaseInDeferredChargesAndOtherAssets
3439000 USD
us-gaap Pension Contributions
PensionContributions
10000000 USD
us-gaap Pension Contributions
PensionContributions
11200000 USD
ottr Increase Decrease In Other Operating Liabilities And Increase Decrease In Deferred Liabilities
IncreaseDecreaseInOtherOperatingLiabilitiesAndIncreaseDecreaseInDeferredLiabilities
-2662000 USD
ottr Increase Decrease In Other Operating Liabilities And Increase Decrease In Deferred Liabilities
IncreaseDecreaseInOtherOperatingLiabilitiesAndIncreaseDecreaseInDeferredLiabilities
-3237000 USD
us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction
427000 USD
us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction
3104000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6354000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5282000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3480000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
176000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
64800000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20025000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-117084000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22450000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15980000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12159000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2023000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40574000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12063000 USD
ottr Increase Decrease In Interest Payable And Income Taxes Receivable Payable Net
IncreaseDecreaseInInterestPayableAndIncomeTaxesReceivablePayableNet
774000 USD
ottr Increase Decrease In Interest Payable And Income Taxes Receivable Payable Net
IncreaseDecreaseInInterestPayableAndIncomeTaxesReceivablePayableNet
103000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
154752000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
141276000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
117312000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
220630000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5819000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4617000 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
5591000 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
6372000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-222385000 USD
ottr Change In Checks Written In Excess Of Cash
ChangeInChecksWrittenInExcessOfCash
3133000 USD
ottr Change In Checks Written In Excess Of Cash
ChangeInChecksWrittenInExcessOfCash
-90000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
16860000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
42600000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
35219000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
67000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
465000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1633000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2069000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
75000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
772000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
369000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
169000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
136000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
112314000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
48645000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
45056000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37559000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
104814000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
109000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23705000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1163000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21199000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1272000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44904000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14358000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
35934000 USD
us-gaap Net Income Loss
NetIncomeLoss
125152000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We use estimates based on the best information available in recording transactions and balances resulting from business operations. As better information becomes available, or actual amounts are known, the recorded estimates are revised. Consequently, operating results can be affected by revisions to prior accounting estimates.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q3 us-gaap Revenues
Revenues
316294000 USD
CY2020Q3 us-gaap Revenues
Revenues
235755000 USD
us-gaap Revenues
Revenues
863612000 USD
us-gaap Revenues
Revenues
663258000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
52754000 USD
us-gaap Net Income Loss
NetIncomeLoss
77183000 USD
CY2021Q3 us-gaap Assets
Assets
2713148000 USD
CY2020Q4 us-gaap Assets
Assets
2578354000 USD
CY2021Q3 us-gaap Revenues
Revenues
316294000 USD
CY2020Q3 us-gaap Revenues
Revenues
235755000 USD
us-gaap Revenues
Revenues
863612000 USD
us-gaap Revenues
Revenues
663258000 USD
CY2021Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
152906000 USD
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
87048000 USD
CY2021Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
11182000 USD
CY2020Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
8939000 USD
CY2021Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
17003000 USD
CY2020Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
21187000 USD
CY2021Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
181091000 USD
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
117174000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
113959000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
177000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2332000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3215000 USD
CY2021Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
178759000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3215000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1339000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
1845000 USD
ottr Accounts Receivable Allowance For Credit Loss Writeoff After Recovery
AccountsReceivableAllowanceForCreditLossWriteoffAfterRecovery
1060000 USD
ottr Accounts Receivable Allowance For Credit Loss Writeoff After Recovery
AccountsReceivableAllowanceForCreditLossWriteoffAfterRecovery
923000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2332000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2261000 USD
CY2021Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
25727000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
22046000 USD
CY2021Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
29932000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
16210000 USD
CY2021Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
58956000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
53909000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
114615000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
92165000 USD
CY2021Q3 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
40096000 USD
CY2020Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
36825000 USD
CY2021Q3 ottr Effective Income Tax Rate Reconciliation Amortization Of Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationOfExcessDeferredTaxes
-0.016
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
9208000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
9260000 USD
CY2021Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
953000 USD
CY2020Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
4075000 USD
CY2021Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
5170000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1662000 USD
CY2021Q3 us-gaap Other Investments
OtherInvestments
29000 USD
CY2020Q4 us-gaap Other Investments
OtherInvestments
34000 USD
CY2021Q3 us-gaap Investments
Investments
55456000 USD
CY2020Q4 us-gaap Investments
Investments
51856000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2083223000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2049273000 USD
CY2021Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
22517000 USD
CY2021Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
158515000 USD
CY2020Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
21900000 USD
CY2020Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
168395000 USD
CY2021Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
25323000 USD
CY2021Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
230733000 USD
CY2020Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
16663000 USD
CY2020Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
233973000 USD
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
340000000 USD
CY2021Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
340000000 USD
CY2021Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
97857000 USD
CY2021Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
13159000 USD
CY2021Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
228984000 USD
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
244902000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
767000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
767169000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
169962000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
140087000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2419000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2650000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
594619000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
624432000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41504000 shares
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2021Q3 ottr Effective Income Tax Rate Reconciliation Tax Credit Production Percent
EffectiveIncomeTaxRateReconciliationTaxCreditProductionPercent
0.050
CY2020Q3 ottr Effective Income Tax Rate Reconciliation Tax Credit Production Percent
EffectiveIncomeTaxRateReconciliationTaxCreditProductionPercent
0
ottr Effective Income Tax Rate Reconciliation Tax Credit Production Percent
EffectiveIncomeTaxRateReconciliationTaxCreditProductionPercent
0.060
ottr Effective Income Tax Rate Reconciliation Tax Credit Production Percent
EffectiveIncomeTaxRateReconciliationTaxCreditProductionPercent
0
CY2020Q3 ottr Effective Income Tax Rate Reconciliation Amortization Of Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationOfExcessDeferredTaxes
-0.029
ottr Effective Income Tax Rate Reconciliation Amortization Of Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationOfExcessDeferredTaxes
-0.020
ottr Effective Income Tax Rate Reconciliation Amortization Of Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationOfExcessDeferredTaxes
-0.034
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.002
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.006
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.003
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.008
CY2021Q3 ottr Effective Income Tax Rate Reconciliation Excess Deduction Of Share Based Payment Awards Percent
EffectiveIncomeTaxRateReconciliationExcessDeductionOfShareBasedPaymentAwardsPercent
0
CY2020Q3 ottr Effective Income Tax Rate Reconciliation Excess Deduction Of Share Based Payment Awards Percent
EffectiveIncomeTaxRateReconciliationExcessDeductionOfShareBasedPaymentAwardsPercent
-0.003
ottr Effective Income Tax Rate Reconciliation Excess Deduction Of Share Based Payment Awards Percent
EffectiveIncomeTaxRateReconciliationExcessDeductionOfShareBasedPaymentAwardsPercent
0
ottr Effective Income Tax Rate Reconciliation Excess Deduction Of Share Based Payment Awards Percent
EffectiveIncomeTaxRateReconciliationExcessDeductionOfShareBasedPaymentAwardsPercent
0.004
CY2021Q3 ottr Effective Income Tax Rate Reconciliation Allowance For Equity Funds Used During Construction Percent
EffectiveIncomeTaxRateReconciliationAllowanceForEquityFundsUsedDuringConstructionPercent
-0.001
CY2020Q3 ottr Effective Income Tax Rate Reconciliation Allowance For Equity Funds Used During Construction Percent
EffectiveIncomeTaxRateReconciliationAllowanceForEquityFundsUsedDuringConstructionPercent
-0.007
ottr Effective Income Tax Rate Reconciliation Allowance For Equity Funds Used During Construction Percent
EffectiveIncomeTaxRateReconciliationAllowanceForEquityFundsUsedDuringConstructionPercent
-0.001
ottr Effective Income Tax Rate Reconciliation Allowance For Equity Funds Used During Construction Percent
EffectiveIncomeTaxRateReconciliationAllowanceForEquityFundsUsedDuringConstructionPercent
-0.008
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.008
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.019
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.202
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.194
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1300000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5300000 USD
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
164000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
308000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40914000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41487000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40548000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
365000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
185000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41869000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41078000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41795000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40733000 shares
CY2021Q3 us-gaap Derivative Assets
DerivativeAssets
6900000 USD

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