$PLUS
EPLUS INC Stock $plus

$plus Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000114036123005051 Filed on February 07, 2023

Income Statement

Concept	2023 Q1	2022 Q4
Revenue	$492.2M	$623.5M
YoY Change	9.0%	26.0%
Cost Of Revenue	$359.9M	$485.1M
YoY Change	7.05%	28.43%
Gross Profit	$132.3M	$138.4M
YoY Change	14.72%	18.15%
Gross Profit Margin	26.89%	22.19%
Selling, General & Admin	$85.32M	$86.73M
YoY Change	10.86%	12.82%
% of Gross Profit	64.48%	62.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.341M	$4.709M
YoY Change	-23.64%	-28.39%
% of Gross Profit	3.28%	3.4%
Operating Expenses	$88.64M	$91.91M
YoY Change	10.48%	13.43%
Operating Profit	$43.68M	$46.46M
YoY Change	24.4%	28.75%
Interest Expense	-$1.270M	$1.575M
YoY Change	98.13%	180.75%
% of Operating Profit	-2.91%	3.39%
Other Income/Expense, Net	-$76.00K	$2.907M
YoY Change	38.18%	-1761.14%
Pretax Income	$42.34M	$49.37M
YoY Change	23.0%	37.47%
Income Tax	$9.484M	$13.70M
% Of Pretax Income	22.4%	27.75%
Net Earnings	$32.85M	$35.69M
YoY Change	35.51%	35.08%
Net Earnings / Revenue	6.68%	5.72%
Basic Earnings Per Share		$1.34
Diluted Earnings Per Share	$1.24	$1.34
COMMON SHARES
Basic Shares Outstanding	26.91M	26.91M
Diluted Shares Outstanding		26.65M

Balance Sheet

Concept	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$103.1M	$99.40M
YoY Change	-33.65%	-5.85%
Cash & Equivalents	$103.1M	$99.40M
Short-Term Investments
Other Short-Term Assets	$55.10M	$54.79M
YoY Change	295.16%	323.69%
Inventory	$243.3M	$244.8M
Prepaid Expenses
Receivables	$504.1M	$674.9M
Other Receivables	$145.3M	$176.4M
Total Short-Term Assets	$1.095B	$1.293B
YoY Change	22.02%	34.66%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.93M	$4.911M
YoY Change	50.84%	-35.75%
Goodwill	$136.1M	$136.1M
YoY Change	7.55%	7.5%
Intangibles	$25.05M	$27.56M
YoY Change	-8.09%
Long-Term Investments
YoY Change
Other Assets	$70.45M	$55.37M
YoY Change	54.54%	19.81%
Total Long-Term Assets	$319.7M	$304.4M
YoY Change	18.97%	3.34%
TOTAL ASSETS
Total Short-Term Assets	$1.095B	$1.293B
Total Long-Term Assets	$319.7M	$304.4M
Total Assets	$1.415B	$1.598B
YoY Change	21.32%	27.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$220.2M	$299.6M
YoY Change	61.69%	-6.47%
Accrued Expenses	$40.04M	$41.15M
YoY Change	-7.33%	201.19%
Deferred Revenue	$114.0M	$125.6M
YoY Change	31.87%
Short-Term Debt	$5.997M	$103.0M
YoY Change	-18.03%	101.47%
Long-Term Debt Due	$24.82M	$41.29M
YoY Change	45.4%	10.87%
Total Short-Term Liabilities	$561.3M	$793.6M
YoY Change	22.02%	39.86%
LONG-TERM LIABILITIES
Long-Term Debt	$9.522M	$7.172M
YoY Change	-3.82%	-48.88%
Other Long-Term Liabilities	$61.00M	$50.70M
YoY Change	71.69%	47.34%
Total Long-Term Liabilities	$61.00M	$50.70M
YoY Change	71.69%	47.34%
TOTAL LIABILITIES
Total Short-Term Liabilities	$561.3M	$793.6M
Total Long-Term Liabilities	$61.00M	$50.70M
Total Liabilities	$632.6M	$851.4M
YoY Change	25.14%	38.26%
SHAREHOLDERS EQUITY
Retained Earnings	$627.2M	$594.3M
YoY Change	23.5%
Common Stock	$272.0K	$272.0K
YoY Change	0.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$14.08M	$13.96M
YoY Change	109.09%
Treasury Stock Shares	$261.0K	$258.0K
Shareholders Equity	$782.3M	$746.4M
YoY Change
Total Liabilities & Shareholders Equity	$1.415B	$1.598B
YoY Change	21.32%	27.31%

Cashflow Statement

Concept	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$32.85M	$35.69M
YoY Change	35.51%	35.08%
Depreciation, Depletion And Amortization	$4.341M	$4.709M
YoY Change	-23.64%	-28.39%
Cash From Operating Activities	$131.6M	-$27.37M
YoY Change	30.35%	-303.29%
INVESTING ACTIVITIES
Capital Expenditures	$3.719M	$3.251M
YoY Change	-305.81%	-163.35%
Acquisitions
YoY Change
Other Investing Activities	$417.0K	-$79.00K
YoY Change	-97.8%	-121.12%
Cash From Investing Activities	-$3.302M	-$3.330M
YoY Change	-119.21%	-30.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-124.5M	32.21M
YoY Change	80.91%	-19.9%
NET CHANGE
Cash From Operating Activities	131.6M	-27.37M
Cash From Investing Activities	-3.302M	-3.330M
Cash From Financing Activities	-124.5M	32.21M
Net Change In Cash	3.806M	1.516M
YoY Change	-92.29%	-96.9%
FREE CASH FLOW
Cash From Operating Activities	$131.6M	-$27.37M
Capital Expenditures	$3.719M	$3.251M
Free Cash Flow	$127.9M	-$30.62M
YoY Change	24.44%	-264.67%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	20171-3413
	dei	City Area Code CityAreaCode	703
	dei	Local Phone Number LocalPhoneNumber	984-8400
	dei	Security12b Title Security12bTitle	Common Stock, $0.01 par value
	dei	Trading Symbol TradingSymbol	PLUS
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	26908101
	plus	Borrowing Of Recourse And Non Recourse Notes Payable In Noncash Financing Activity BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity	38267000
	plus	Repayments Of Non Recourse And Recourse Notes Payable In Noncash Financing Activity RepaymentsOfNonRecourseAndRecourseNotesPayableInNoncashFinancingActivity	32000
CY2022Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	258000
	plus	Borrowing Of Recourse And Non Recourse Notes Payable In Noncash Financing Activity BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity	56240000
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Central Index Key EntityCentralIndexKey	0001022408
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P3M
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-34167
	dei	Entity Registrant Name EntityRegistrantName	ePlus inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	54-1817218
	dei	Entity Address Address Line1 EntityAddressAddressLine1	13595 Dulles Technology Drive
	dei	Entity Address City Or Town EntityAddressCityOrTown	Herndon
	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2022Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	130000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-195000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	504000
	plus	Payments From Lessees Directly To Lenders Operating Leases PaymentsFromLesseesDirectlyToLendersOperatingLeases	0
	plus	Payments From Lessees Directly To Lenders Operating Leases PaymentsFromLesseesDirectlyToLendersOperatingLeases	32000
	plus	Repayments Of Non Recourse And Recourse Notes Payable In Noncash Financing Activity RepaymentsOfNonRecourseAndRecourseNotesPayableInNoncashFinancingActivity	0
	plus	Fair Value Of Vested Shares FairValueOfVestedShares	9854000
	plus	Fair Value Of Vested Shares FairValueOfVestedShares	8439000
CY2021Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2763000
CY2021Q4	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2592000
CY2021Q4	plus	Stock Split Effected In Form Of Dividend StockSplitEffectedInFormOfDividend	0
CY2021Q4	us-gaap	Treasury Stock Retired Cost Method Amount TreasuryStockRetiredCostMethodAmount	0
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	62100000
CY2022Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	47500000
CY2022Q4	plus	Contract With Customer Liability Current Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityCurrentExcludingDeferredRevenueOnOperatingLeases	125532000
CY2022Q1	plus	Contract With Customer Liability Current Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityCurrentExcludingDeferredRevenueOnOperatingLeases	85826000
CY2022Q4	plus	Contract With Customer Liability Noncurrent Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityNoncurrentExcludingDeferredRevenueOnOperatingLeases	42634000
CY2022Q1	plus	Contract With Customer Liability Noncurrent Excluding Deferred Revenue On Operating Leases ContractWithCustomerLiabilityNoncurrentExcludingDeferredRevenueOnOperatingLeases	30086000
CY2022Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	15000000
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	57400000
CY2021Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	11700000
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	47900000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	24466000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	45891000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	21815000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	8191000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	4741000
CY2022Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	105104000
CY2022Q1	us-gaap	Notes Receivable Net NotesReceivableNet	21100000
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1400000
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2000000
CY2022Q4	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	5916000
CY2021Q4	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	3212000
	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	15405000
	us-gaap	Sales Type Lease Revenue SalesTypeLeaseRevenue	12991000
CY2022Q4	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	4949000
CY2021Q4	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	2645000
	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	12785000
	us-gaap	Cost Of Goods Sold Sales Type Lease CostOfGoodsSoldSalesTypeLease	10936000
CY2022Q4	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	967000
CY2021Q4	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	567000
	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	2620000
	us-gaap	Sales Type Lease Selling Profit Loss SalesTypeLeaseSellingProfitLoss	2055000
CY2022Q4	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	996000
CY2021Q4	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	786000
	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	2677000
	us-gaap	Sales Type Lease Interest Income SalesTypeLeaseInterestIncome	3076000
CY2022Q4	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	4030000
CY2021Q4	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	7356000
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	13271000
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	19200000
CY2022Q4	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	4130000
CY2022Q1	us-gaap	Direct Financing Lease Unguaranteed Residual Asset DirectFinancingLeaseUnguaranteedResidualAsset	6424000
CY2022Q4	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	15253000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	13044000
CY2022Q4	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	10342000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	7985000
CY2022Q4	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	4911000
CY2022Q1	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	5059000
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	58100000
CY2022Q4	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	5200000
CY2021Q4	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	2300000
CY2022Q4	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	157200000
CY2021Q4	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	63500000
	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	15100000
	us-gaap	Gain Loss On Sale Of Loans And Leases GainLossOnSaleOfLoansAndLeases	15600000
	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	586100000
	us-gaap	Proceeds From Sale Of Finance Receivables ProceedsFromSaleOfFinanceReceivables	753900000
CY2022Q1	plus	Contract With Customer Servicing Of Financial Assets Liability ContractWithCustomerServicingOfFinancialAssetsLiability	500000
CY2022Q4	plus	Contract With Customer Servicing Of Financial Assets Liability ContractWithCustomerServicingOfFinancialAssetsLiability	500000
CY2022Q1	us-gaap	Goodwill Gross GoodwillGross	135216000
CY2022Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	8673000
CY2022Q1	us-gaap	Goodwill Goodwill	126543000
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	9694000
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	9694000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-180000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-180000
CY2022Q4	us-gaap	Goodwill Gross GoodwillGross	144730000
CY2022Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	8673000
CY2022Q4	us-gaap	Goodwill Goodwill	136057000
	us-gaap	Number Of Reporting Units NumberOfReportingUnits	1
CY2022Q4	us-gaap	Goodwill Goodwill	136100000
CY2022Q1	us-gaap	Goodwill Goodwill	126500000
	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	9500000
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	9700000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-200000
	plus	Percentage Change In The Fair Value PercentageChangeInTheFairValue	0.10
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	95910000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	68354000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27556000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	87741000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	60491000
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27250000
CY2022Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	56000
	us-gaap	Net Income Loss NetIncomeLoss	86502000
	us-gaap	Net Income Loss NetIncomeLoss	81355000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26666000
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	3800000
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	2846000
	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	104000
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6542000
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4447000
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	77000
	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	453000
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	4071000
CY2022Q4	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	131720000
CY2022Q4	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	26764000
CY2022Q4	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	19059000
CY2022Q4	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	2161000
CY2022Q4	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	269000
CY2022Q4	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	37000
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	180010000
CY2022Q4	plus	Financing Receivable Transfers FinancingReceivableTransfers	36331000
CY2022Q4	plus	Finance Receivable Net Credit Exposure FinanceReceivableNetCreditExposure	143679000
CY2022Q4	plus	Net Investment In Direct Financing And Sale Type Leases Unguaranteed Residual Values Of Leased Property NetInvestmentInDirectFinancingAndSaleTypeLeasesUnguaranteedResidualValuesOfLeasedProperty	4130000
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 Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	1507000
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
CY2022Q4	us-gaap	Billed Contract Receivables BilledContractReceivables	16768000
CY2022Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	163242000
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	180010000
CY2022Q1	us-gaap	Billed Contract Receivables BilledContractReceivables	7063000
CY2022Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	108627000
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	115690000
CY2021Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	262000
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	127000
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	221000
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26648000
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.34
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.98
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26592000
CY2021Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26668000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26561000
CY2021Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26930000
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	35694000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26688000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26887000
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	26424000
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.34
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.99
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.26
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.24
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.03
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
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	70473
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3900000
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	58080
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3300000
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	147999
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	6900000
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	55430
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2600000
CY2022Q4	us-gaap	Share Based Compensation ShareBasedCompensation	2000000
CY2021Q4	us-gaap	Share Based Compensation ShareBasedCompensation	1800000
	us-gaap	Share Based Compensation ShareBasedCompensation	5700000
	us-gaap	Share Based Compensation ShareBasedCompensation	5400000
CY2022Q4	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	1100000
CY2021Q4	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	800000
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	3200000
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	2600000
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	13700000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34100000
CY2021Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9500000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31100000
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.277
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.283
CY2021Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.264
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.277
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	255000
CY2022Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	18138000
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2
CY2022Q4	us-gaap	Revenues Revenues	623476000
CY2021Q4	us-gaap	Revenues Revenues	494834000
CY2022Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	485104000
CY2021Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	377717000
CY2022Q4	us-gaap	Gross Profit GrossProfit	138372000
CY2021Q4	us-gaap	Gross Profit GrossProfit	117117000
CY2022Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	86730000
CY2021Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	76874000
CY2022Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3609000
CY2021Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3597000
CY2022Q4	us-gaap	Interest Expense InterestExpense	1575000
CY2021Q4	us-gaap	Interest Expense InterestExpense	561000
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	91914000
CY2021Q4	us-gaap	Operating Expenses OperatingExpenses	81032000
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	46458000
CY2021Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	36085000
CY2022Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2907000
CY2021Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-175000
CY2022Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	49365000
CY2021Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	35910000
CY2022Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	606418000
CY2021Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	479603000
CY2022Q4	plus	Financing And Other FinancingAndOther	17058000
CY2021Q4	plus	Financing And Other FinancingAndOther	15231000
CY2022Q4	us-gaap	Revenues Revenues	623476000
CY2021Q4	us-gaap	Revenues Revenues	494834000
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4709000
CY2021Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6576000
CY2022Q4	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	3251000
CY2021Q4	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	5132000
CY2022Q4	us-gaap	Assets Assets	1597865000
CY2021Q4	us-gaap	Assets Assets	1255146000
	us-gaap	Revenues Revenues	1575541000
	us-gaap	Revenues Revenues	1369500000
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1190342000
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1023869000
	us-gaap	Gross Profit GrossProfit	385199000
	us-gaap	Gross Profit GrossProfit	345631000
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	248201000
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	220153000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10387000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	11376000
	us-gaap	Interest Expense InterestExpense	2863000
	us-gaap	Interest Expense InterestExpense	1262000
	us-gaap	Operating Expenses OperatingExpenses	261451000
	us-gaap	Operating Expenses OperatingExpenses	232791000
	us-gaap	Operating Income Loss OperatingIncomeLoss	123748000
	us-gaap	Operating Income Loss OperatingIncomeLoss	112840000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3112000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-377000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	120636000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	112463000
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1525060000
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1313677000
	plus	Financing And Other FinancingAndOther	50481000
	plus	Financing And Other FinancingAndOther	55823000
	us-gaap	Revenues Revenues	1575541000
	us-gaap	Revenues Revenues	1369500000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	14248000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18620000
	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	5661000
	plus	Purchases Of Property Equipment And Operating Lease Equipment And Assets To Be Leased Or Financed PurchasesOfPropertyEquipmentAndOperatingLeaseEquipmentAndAssetsToBeLeasedOrFinanced	21375000
CY2022Q4	us-gaap	Assets Assets	1597865000
CY2021Q4	us-gaap	Assets Assets	1255146000

Files In Submission

Name	View Source	Status
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0001140361-23-005051-index.html	Edgar Link	pending
0001140361-23-005051.txt	Edgar Link	pending
0001140361-23-005051-xbrl.zip	Edgar Link	pending
brhc10047354_ex31-1.htm	Edgar Link	pending
brhc10047354_ex31-2.htm	Edgar Link	pending
brhc10047354_ex32-1.htm	Edgar Link	pending
brhc_10q.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
plus-20221231.xsd	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
plus-20221231_def.xml	Edgar Link	unprocessable
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plus-20221231_pre.xml	Edgar Link	unprocessable
brhc_10q_htm.xml	Edgar Link	completed
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R6.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
plus-20221231_cal.xml	Edgar Link	unprocessable

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2023 Q1 Form 10-Q Financial Statement

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