$PLUS
EPLUS INC Stock $plus

$plus Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000114036122028077 Filed on August 04, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$493.7M	$458.4M	$451.5M
YoY Change	7.79%	10.01%	28.05%
Cost Of Revenue	$360.4M	$344.8M	$336.2M
YoY Change	7.58%	10.83%	31.99%
Gross Profit	$133.3M	$113.5M	$115.4M
YoY Change	8.38%	7.59%	17.83%
Gross Profit Margin	27.0%	24.77%	25.55%
Selling, General & Admin	$84.70M	$76.77M	$76.96M
YoY Change	13.69%	11.62%	10.74%
% of Gross Profit	63.54%	67.62%	66.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.067M	$4.472M	$5.685M
YoY Change	-15.01%	-26.47%	-8.31%
% of Gross Profit	3.8%	3.94%	4.93%
Operating Expenses	$89.20M	$80.34M	$80.23M
YoY Change	13.34%	9.96%	9.16%
Operating Profit	$44.11M	$33.18M	$35.12M
YoY Change	-0.44%	2.25%	43.92%
Interest Expense	$925.0K	$363.0K	-$641.0K
YoY Change	170.47%	1.11%	-19.88%
% of Operating Profit	2.1%	1.09%	-1.83%
Other Income/Expense, Net	-$3.866M	-$2.153M	-$55.00K
YoY Change	1089.54%	-1850.41%	-89.0%
Pretax Income	$40.24M	$31.03M	$34.42M
YoY Change	-8.5%	-4.74%	49.01%
Income Tax	$11.80M	$8.700M	$10.18M
% Of Pretax Income	29.32%	28.04%	29.56%
Net Earnings	$28.47M	$22.34M	$24.25M
YoY Change	-9.37%	-5.01%	55.42%
Net Earnings / Revenue	5.77%	4.87%	5.37%
Basic Earnings Per Share	$1.07	$0.84
Diluted Earnings Per Share	$1.07	$0.84	$904.6K
COMMON SHARES
Basic Shares Outstanding	26.89M	26.51M	26.89M
Diluted Shares Outstanding	26.62M	26.69M

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$99.53M	$83.49M	$155.4M
YoY Change	74.77%	-11.03%	19.89%
Cash & Equivalents	$99.53M	$83.49M	$155.4M
Short-Term Investments
Other Short-Term Assets	$24.97M	$15.96M	$13.94M
YoY Change	97.0%	-60.22%	27.04%
Inventory	$274.9M	$246.9M	$155.1M
Prepaid Expenses
Receivables	$525.2M	$482.2M	$430.4M
Other Receivables	$109.3M	$122.8M	$110.2M
Total Short-Term Assets	$1.070B	$985.3M	$897.5M
YoY Change	28.97%	27.27%	15.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.369M	$51.31M	$7.911M
YoY Change	-40.7%	55.79%	7.08%
Goodwill	$135.9M	$126.4M	$126.5M
YoY Change	7.35%	-0.22%	-0.08%
Intangibles	$30.34M		$27.25M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$55.03M	$45.89M	$45.59M
YoY Change	25.37%	66.48%	7.8%
Total Long-Term Assets	$301.4M	$270.8M	$268.7M
YoY Change	-2.88%	-10.69%	-10.18%
TOTAL ASSETS
Total Short-Term Assets	$1.070B	$985.3M	$897.5M
Total Long-Term Assets	$301.4M	$270.8M	$268.7M
Total Assets	$1.371B	$1.256B	$1.166B
YoY Change	20.3%	16.59%	8.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$192.5M	$165.8M	$136.2M
YoY Change	-27.94%	-42.68%	-17.56%
Accrued Expenses	$34.30M	$32.49M	$43.20M
YoY Change	147.58%	-33.64%	217.71%
Deferred Revenue	$108.0M		$86.47M
YoY Change
Short-Term Debt	$92.74M	$47.53M	$7.316M
YoY Change	160.9%	692.55%	33.02%
Long-Term Debt Due	$10.35M	$19.87M	$17.07M
YoY Change	-50.93%	56.48%	-66.13%
Total Short-Term Liabilities	$607.3M	$534.0M	$460.0M
YoY Change	27.69%	19.62%	0.15%
LONG-TERM LIABILITIES
Long-Term Debt	$12.39M	$10.45M	$9.900M
YoY Change	-9.37%	-23.2%	-45.9%
Other Long-Term Liabilities	$45.99M	$35.44M	$35.53M
YoY Change	24.16%	4.9%	-3.14%
Total Long-Term Liabilities	$45.99M	$35.44M	$35.53M
YoY Change	24.16%	-25.21%	-3.14%
TOTAL LIABILITIES
Total Short-Term Liabilities	$607.3M	$534.0M	$460.0M
Total Long-Term Liabilities	$45.99M	$35.44M	$35.53M
Total Liabilities	$665.7M	$579.9M	$505.5M
YoY Change	26.48%	17.43%	-1.73%
SHAREHOLDERS EQUITY
Retained Earnings	$558.7M	$530.2M	$507.8M
YoY Change			4.79%
Common Stock	$272.0K	$271.0K	$270.0K
YoY Change			86.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$13.96M	$13.96M	$6.734M
YoY Change			-91.07%
Treasury Stock Shares	$258.0K	$258.0K	$130.0K
Shareholders Equity	$705.6M	$676.3M	$660.7M
YoY Change
Total Liabilities & Shareholders Equity	$1.371B	$1.256B	$1.166B
YoY Change	20.3%	16.59%	8.31%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	$28.47M	$22.34M	$24.25M
YoY Change	-9.37%	-5.01%	55.42%
Depreciation, Depletion And Amortization	$5.067M	$4.472M	$5.685M
YoY Change	-15.01%	-26.47%	-8.31%
Cash From Operating Activities	-$16.73M	-$102.9M	$101.0M
YoY Change	-76.06%	58.04%	-18.77%
INVESTING ACTIVITIES
Capital Expenditures	-$633.0K	-$1.777M	-$1.807M
YoY Change	-93.16%	-74.59%	-75.25%
Acquisitions		$0.00
YoY Change
Other Investing Activities	-$9.969M	$85.00K	$19.00M
YoY Change	-682.98%	-89.92%	763.45%
Cash From Investing Activities	-$10.60M	-$1.692M	$17.19M
YoY Change	40.63%	-72.49%	-437.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$7.224M
YoY Change		89.76%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	40.23M	31.11M	-68.82M
YoY Change	-0.14%	-12.35%	-9.69%
NET CHANGE
Cash From Operating Activities	-16.73M	-102.9M	101.0M
Cash From Investing Activities	-10.60M	-1.692M	17.19M
Cash From Financing Activities	40.23M	31.11M	-68.82M
Net Change In Cash	12.90M	-71.89M	49.34M
YoY Change	-134.76%	101.25%	14.74%
FREE CASH FLOW
Cash From Operating Activities	-$16.73M	-$102.9M	$101.0M
Capital Expenditures	-$633.0K	-$1.777M	-$1.807M
Free Cash Flow	-$16.10M	-$101.2M	$102.8M
YoY Change	-73.45%	74.0%	-21.9%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2022Q2	dei	Amendment Flag AmendmentFlag	false
CY2022Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2022Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001022408
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P9M
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q1	plus	Nonrecourse Notes Payable Current NonrecourseNotesPayableCurrent	17070000
CY2022Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	27250000
CY2022Q2	plus	Nonrecourse Notes Payable Current NonrecourseNotesPayableCurrent	19873000
CY2022Q2	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	5607000
CY2022Q1	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	6424000
CY2022Q2	plus	Repurchase Of Common Stock In Noncash Financing Activity RepurchaseOfCommonStockInNoncashFinancingActivity	0
CY2021Q2	plus	Repurchase Of Common Stock In Noncash Financing Activity RepurchaseOfCommonStockInNoncashFinancingActivity	304000
CY2021Q2	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	75300000
CY2022Q2	plus	Contract With Customer Servicing Of Financial Assets Liability ContractWithCustomerServicingOfFinancialAssetsLiability	400000
CY2022Q1	plus	Contract With Customer Servicing Of Financial Assets Liability ContractWithCustomerServicingOfFinancialAssetsLiability	500000
CY2022Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	57100000
CY2021Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	21500000
CY2021Q2	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	1290000
CY2022Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	4582000
CY2021Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	5210000
CY2022Q2	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	5422000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	43194000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	24954000
CY2022Q2	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	4983000
CY2021Q2	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	3817000
CY2022Q2	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	4067000
CY2021Q2	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	3365000
CY2022Q2	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	916000
CY2021Q2	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	452000
CY2022Q2	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	861000
CY2022Q2	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	14322000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	13044000
CY2022Q2	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	8900000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	7985000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	5059000
CY2022Q2	plus	Unguaranteed Estimated Residual Value Of Operating Lease Equipment UnguaranteedEstimatedResidualValueOfOperatingLeaseEquipment	1800000
CY2022Q1	plus	Unguaranteed Estimated Residual Value Of Operating Lease Equipment UnguaranteedEstimatedResidualValueOfOperatingLeaseEquipment	1700000
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2000000.0
CY2022Q2	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	1800000
CY2021Q2	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	3200000
CY2022Q2	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	52500000
CY2022Q2	us-gaap	Notes Receivable Net NotesReceivableNet	29000000.0
CY2022Q1	us-gaap	Notes Receivable Net NotesReceivableNet	21100000
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1800000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27250000
CY2021Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	1300000
CY2022Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	1300000
CY2022Q1	us-gaap	Goodwill Gross GoodwillGross	135216000
CY2022Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	8673000
CY2022Q1	us-gaap	Goodwill Goodwill	126543000
CY2022Q2	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-165000
CY2022Q2	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-165000
CY2022Q2	us-gaap	Goodwill Gross GoodwillGross	135051000
CY2022Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	8673000
CY2022Q2	us-gaap	Goodwill Goodwill	126378000
CY2022Q2	us-gaap	Number Of Reporting Units NumberOfReportingUnits	1
CY2022Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	87558000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	62790000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	24768000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	87741000
CY2022Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	1507000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	60491000
CY2022Q2	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	51738000
CY2022Q2	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	44231000
CY2022Q2	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	33528000
CY2022Q2	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	3997000
CY2022Q2	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	980000
CY2022Q2	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	91000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	3800000
CY2022Q2	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	698000
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	65000
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4433000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4447000
CY2021Q2	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-261000
CY2021Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	22000
CY2021Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4164000
CY2022Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	134565000
CY2022Q2	plus	Financing Receivable Transfers FinancingReceivableTransfers	36330000
CY2022Q2	plus	Finance Receivable Net Credit Exposure FinanceReceivableNetCreditExposure	98235000
CY2022Q2	plus	Net Investment In Direct Financing And Sale Type Leases Unguaranteed Residual Values Of Leased Property NetInvestmentInDirectFinancingAndSaleTypeLeasesUnguaranteedResidualValuesOfLeasedProperty	5607000
CY2022Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	69671000
CY2022Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	39075000
CY2022Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	5295000
CY2022Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	127000
CY2022Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	15000
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	115690000
CY2022Q1	plus	Financing Receivable Transfers FinancingReceivableTransfers	38769000
CY2022Q1	plus	Finance Receivable Net Credit Exposure FinanceReceivableNetCreditExposure	76921000
CY2022Q1	plus	Net Investment In Direct Financing And Sale Type Leases Unguaranteed Residual Values Of Leased Property NetInvestmentInDirectFinancingAndSaleTypeLeasesUnguaranteedResidualValuesOfLeasedProperty	6424000
CY2022Q2	us-gaap	Billed Contract Receivables BilledContractReceivables	8263000
CY2022Q2	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	126302000
CY2022Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	134565000
CY2022Q1	us-gaap	Billed Contract Receivables BilledContractReceivables	7063000
CY2022Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	108627000
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	115690000
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.84
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	22339000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	23518000
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26513000
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26666000
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	172000
CY2021Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	216000
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26685000
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26882000
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.88
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.84
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.87
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3300000
CY2021Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	35258
CY2021Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1600000
CY2021Q2	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	55430
CY2021Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2600000
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation	1700000
CY2022Q2	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	1100000
CY2021Q2	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	800000
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	1800000
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8700000
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9100000
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.280
CY2021Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.278
CY2022Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	123000
CY2021Q2	plus	Financing And Other FinancingAndOther	14690000
CY2022Q2	us-gaap	Revenues Revenues	458359000
CY2022Q2	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	23193000
CY2022Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	18138000
CY2022Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2
CY2022Q2	us-gaap	Revenues Revenues	458359000
CY2021Q2	us-gaap	Revenues Revenues	416649000
CY2022Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	344836000
CY2021Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	311137000
CY2022Q2	us-gaap	Gross Profit GrossProfit	113523000
CY2021Q2	us-gaap	Gross Profit GrossProfit	105512000
CY2022Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	76767000
CY2021Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	68775000
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3210000
CY2021Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3926000
CY2022Q2	us-gaap	Interest Expense InterestExpense	363000
CY2021Q2	us-gaap	Interest Expense InterestExpense	359000
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	80340000
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	73060000
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	33183000
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	32452000
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2153000
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	31030000
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	32575000
CY2022Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	444747000
CY2021Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	401959000
CY2022Q2	plus	Financing And Other FinancingAndOther	13612000
CY2021Q2	us-gaap	Revenues Revenues	416649000
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4472000
CY2021Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6082000
CY2022Q2	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	1777000
CY2021Q2	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	6994000
CY2022Q2	us-gaap	Assets Assets	1256150000
CY2021Q2	us-gaap	Assets Assets	1077416000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q2	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	24768000
CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	100637000
CY2022Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	86469000
CY2022Q2	plus	Recourse Notes Payable Current RecourseNotesPayableCurrent	47529000
CY2022Q1	plus	Recourse Notes Payable Current RecourseNotesPayableCurrent	7316000
CY2022Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	3878000
CY2022Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	5792000
CY2022Q2	plus	Nonrecourse Notes Payable Non Current NonrecourseNotesPayableNonCurrent	6569000
CY2022Q1	plus	Nonrecourse Notes Payable Non Current NonrecourseNotesPayableNonCurrent	4108000
CY2021Q4	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	2
CY2022Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	47500000
CY2022Q2	plus	Contract With Customer Liability Current Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityCurrentExcludingDeferredRevenueOnOperatingLeases	100092000
CY2022Q1	plus	Contract With Customer Liability Current Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityCurrentExcludingDeferredRevenueOnOperatingLeases	85826000
CY2022Q2	plus	Contract With Customer Liability Noncurrent Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityNoncurrentExcludingDeferredRevenueOnOperatingLeases	30574000
CY2022Q1	plus	Contract With Customer Liability Noncurrent Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityNoncurrentExcludingDeferredRevenueOnOperatingLeases	30086000
CY2022Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	24900000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	9466000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	2510000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	986000
CY2022Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	81110000
CY2022Q1	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1000000
CY2021Q1	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1000000
CY2022Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	70473
CY2022Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3900000
CY2022Q2	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	58080

Files In Submission

Name	View Source	Status
0001140361-22-028077-index-headers.html	Edgar Link	pending
0001140361-22-028077-index.html	Edgar Link	pending
0001140361-22-028077.txt	Edgar Link	pending
0001140361-22-028077-xbrl.zip	Edgar Link	pending
brhc10040164_10q.htm	Edgar Link	pending
brhc10040164_10q_htm.xml	Edgar Link	completed
brhc10040164_ex31-1.htm	Edgar Link	pending
brhc10040164_ex31-2.htm	Edgar Link	pending
brhc10040164_ex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
plus-20220630.xsd	Edgar Link	pending
plus-20220630_cal.xml	Edgar Link	unprocessable
plus-20220630_def.xml	Edgar Link	unprocessable
plus-20220630_lab.xml	Edgar Link	unprocessable
plus-20220630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2022 Q3 Form 10-Q Financial Statement

#000114036122028077 Filed on August 04, 2022

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2022 Q3 Form 10-Q Financial Statement

#000114036122028077 Filed on August 04, 2022

Income Statement

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Files In Submission

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