$POWL
POWELL INDUSTRIES INC

2020 Q3 Form 10-Q Financial Statement

#000008042020000027 Filed on August 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 Q2
Revenue $114.7M $118.1M $135.6M
YoY Change -22.75% -12.93% 11.02%
Cost Of Revenue $93.00M $96.72M $111.9M
YoY Change -22.44% -13.55% 7.82%
Gross Profit $21.72M $21.34M $23.72M
YoY Change -23.94% -10.0% 29.06%
Gross Profit Margin 18.93% 18.08% 17.49%
Selling, General & Admin $16.30M $15.51M $17.12M
YoY Change -17.26% -9.38% 5.83%
% of Gross Profit 75.05% 72.67% 72.18%
Research & Development $1.400M $1.605M $1.631M
YoY Change 7.69% -1.59% -0.06%
% of Gross Profit 6.45% 7.52% 6.88%
Depreciation & Amortization $2.600M $2.700M $2.900M
YoY Change 0.0% -6.9% -12.12%
% of Gross Profit 11.97% 12.65% 12.23%
Operating Expenses $17.70M $17.12M $18.75M
YoY Change -16.11% -8.7% 5.29%
Operating Profit $4.020M $2.784M $5.640M
YoY Change -46.08% -50.64% 974.29%
Interest Expense $0.00 $52.00K $59.00K
YoY Change -100.0% -11.86% 15.69%
% of Operating Profit 0.0% 1.87% 1.05%
Other Income/Expense, Net $500.0K $0.00
YoY Change
Pretax Income $4.500M $2.922M $5.886M
YoY Change -43.75% -50.36% 754.28%
Income Tax $1.500M -$559.0K $797.0K
% Of Pretax Income 33.33% -19.13% 13.54%
Net Earnings $2.983M $3.481M $5.089M
YoY Change -54.37% -31.6% 1590.7%
Net Earnings / Revenue 2.6% 2.95% 3.75%
Basic Earnings Per Share $0.26 $0.30 $0.44
Diluted Earnings Per Share $0.25 $0.30 $0.44
COMMON SHARES
Basic Shares Outstanding 11.61M shares 11.63M shares 11.58M shares
Diluted Shares Outstanding 11.70M shares 11.60M shares

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $178.9M $163.4M $78.00M
YoY Change 43.46% 109.49% 41.05%
Cash & Equivalents $160.2M $156.0M $71.92M
Short-Term Investments $18.70M $7.300M $6.100M
Other Short-Term Assets $1.948M $1.883M $2.398M
YoY Change -26.49% -21.48% 847.83%
Inventory $28.97M $31.66M $29.48M
Prepaid Expenses $4.402M $4.009M $3.316M
Receivables $69.96M $97.14M $108.6M
Other Receivables $400.0K $300.0K $100.0K
Total Short-Term Assets $335.7M $350.2M $287.3M
YoY Change 2.16% 21.89% 13.81%
LONG-TERM ASSETS
Property, Plant & Equipment $114.4M $114.8M $121.9M
YoY Change -5.33% -5.81% -6.62%
Goodwill $1.000M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.23M $12.00M $11.11M
YoY Change 5.61% 7.98% -19.97%
Total Long-Term Assets $136.6M $137.0M $149.8M
YoY Change -1.6% -8.54% -4.09%
TOTAL ASSETS
Total Short-Term Assets $335.7M $350.2M $287.3M
Total Long-Term Assets $136.6M $137.0M $149.8M
Total Assets $472.3M $487.2M $437.1M
YoY Change 1.04% 11.46% 6.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.03M $38.51M $38.48M
YoY Change -31.56% 0.08% 14.1%
Accrued Expenses $26.90M $23.90M $19.30M
YoY Change 16.45% 23.83% 3.76%
Deferred Revenue $79.45M $97.97M $60.87M
YoY Change 11.17% 60.95%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $152.9M $170.5M $129.8M
YoY Change -3.13% 31.35% 30.95%
LONG-TERM LIABILITIES
Long-Term Debt $400.0K $400.0K $800.0K
YoY Change -50.0% -50.0% -33.33%
Other Long-Term Liabilities $2.161M $2.334M $4.349M
YoY Change -30.63% -46.33% 253.0%
Total Long-Term Liabilities $2.561M $2.734M $5.149M
YoY Change -34.58% -46.9% 111.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.9M $170.5M $129.8M
Total Long-Term Liabilities $2.561M $2.734M $5.149M
Total Liabilities $165.7M $183.6M $141.4M
YoY Change -1.55% 29.82% 31.94%
SHAREHOLDERS EQUITY
Retained Earnings $294.0M $294.1M $285.9M
YoY Change 1.59% 2.85% -2.42%
Common Stock $62.00M $60.93M $57.84M
YoY Change 4.81% 5.34% 2.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.00M $25.00M $25.00M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 806.0K shares 806.0K shares 806.0K shares
Shareholders Equity $306.6M $303.6M $295.7M
YoY Change
Total Liabilities & Shareholders Equity $472.3M $487.2M $437.1M
YoY Change 1.04% 11.46% 6.96%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $2.983M $3.481M $5.089M
YoY Change -54.37% -31.6% 1590.7%
Depreciation, Depletion And Amortization $2.600M $2.700M $2.900M
YoY Change 0.0% -6.9% -12.12%
Cash From Operating Activities $19.00M $46.00M $7.900M
YoY Change -45.56% 482.28% -150.97%
INVESTING ACTIVITIES
Capital Expenditures -$800.0K -$800.0K -$1.200M
YoY Change -27.27% -33.33% 9.09%
Acquisitions
YoY Change
Other Investing Activities -$11.20M -$7.300M $0.00
YoY Change -100.0%
Cash From Investing Activities -$12.00M -$8.200M -$1.300M
YoY Change 1100.0% 530.77% -130.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.000M -3.100M -3.000M
YoY Change -11.76% 3.33% -3.23%
NET CHANGE
Cash From Operating Activities 19.00M 46.00M 7.900M
Cash From Investing Activities -12.00M -8.200M -1.300M
Cash From Financing Activities -3.000M -3.100M -3.000M
Net Change In Cash 4.000M 34.70M 3.600M
YoY Change -86.89% 863.89% -125.17%
FREE CASH FLOW
Cash From Operating Activities $19.00M $46.00M $7.900M
Capital Expenditures -$800.0K -$800.0K -$1.200M
Free Cash Flow $19.80M $46.80M $9.100M
YoY Change -45.0% 414.29% -163.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Entity Central Index Key
EntityCentralIndexKey
0000080420
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2020Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
12372766 shares
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
12420631 shares
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
806018 shares
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
806018 shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-30
CY2020Q2 us-gaap Short Term Investments
ShortTermInvestments
7330000 USD
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-12488
dei Entity Registrant Name
EntityRegistrantName
Powell Industries, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
88-0106100
dei Entity Address Address Line1
EntityAddressAddressLine1
8550 Mosley Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77075-1180
dei City Area Code
CityAreaCode
713
dei Local Phone Number
LocalPhoneNumber
944-6900
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
POWL
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
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
11614613 shares
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156026000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
118639000 USD
CY2019Q3 us-gaap Short Term Investments
ShortTermInvestments
6042000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
97144000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
112093000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
51723000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
55374000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
31663000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
29202000 USD
CY2020Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
373000 USD
CY2019Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
233000 USD
CY2020Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4009000 USD
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4335000 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
1883000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
2650000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
350151000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
328568000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
114826000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
120812000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5542000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11577000 USD
CY2020Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1205000 USD
CY2019Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1337000 USD
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3477000 USD
CY2019Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5117000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11997000 USD
CY2020Q2 us-gaap Assets
Assets
487198000 USD
CY2019Q3 us-gaap Assets
Assets
467411000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
400000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
400000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
38512000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
51180000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
97969000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
71464000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18618000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20182000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3011000 USD
CY2019Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2946000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2306000 USD
CY2020Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
425000 USD
CY2019Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
913000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9258000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10811000 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
170499000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
157896000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
400000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
800000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
6524000 USD
CY2019Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
6447000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3870000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2334000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3115000 USD
CY2020Q2 us-gaap Liabilities
Liabilities
183627000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
168258000 USD
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
124000 USD
CY2019Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
124000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
60927000 USD
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
59153000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
294052000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
289422000 USD
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
24999000 USD
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
24999000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-26533000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24547000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
303571000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
299153000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
487198000 USD
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1631000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4863000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4988000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
467411000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
118062000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
135588000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
403781000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368676000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
96718000 USD
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
111873000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
330926000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
310255000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
21344000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
23715000 USD
us-gaap Gross Profit
GrossProfit
72855000 USD
us-gaap Gross Profit
GrossProfit
58421000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15511000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17117000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51372000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
50240000 USD
CY2020Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1605000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
132000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
132000 USD
CY2020Q2 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2019Q2 us-gaap Insurance Recoveries
InsuranceRecoveries
950000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
950000 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
1400000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
233000 USD
us-gaap Restructuring Charges
RestructuringCharges
1400000 USD
us-gaap Restructuring Charges
RestructuringCharges
233000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2784000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5640000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
15088000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3778000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
52000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
59000 USD
us-gaap Interest Expense
InterestExpense
179000 USD
us-gaap Interest Expense
InterestExpense
170000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
190000 USD
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
305000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
901000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
707000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2922000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5886000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15810000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4315000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-559000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
797000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2133000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
963000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3481000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5089000 USD
us-gaap Net Income Loss
NetIncomeLoss
13677000 USD
us-gaap Net Income Loss
NetIncomeLoss
3352000 USD
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11631000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11579000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11622000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11567000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11698000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11603000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11686000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11589000 shares
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3481000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5089000 USD
us-gaap Net Income Loss
NetIncomeLoss
13677000 USD
us-gaap Net Income Loss
NetIncomeLoss
3352000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2543000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
952000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1986000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1416000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6024000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6041000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11691000 USD
CY2018Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4088000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1936000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
299153000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
2775000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2387000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
982000 USD
CY2019Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
611000 USD
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3013000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
301673000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
7421000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-6916000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
968000 USD
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3015000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
300131000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3481000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2543000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
441000 USD
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
6000 USD
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3019000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
303571000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
301644000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-2695000 USD
CY2018Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1220000 USD
CY2018Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
731000 USD
CY2018Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2992000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
292358000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
958000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1720000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
670000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
416000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2996000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
292294000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5089000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
952000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
331000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4000 USD
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3003000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
295659000 USD
us-gaap Net Income Loss
NetIncomeLoss
13677000 USD
us-gaap Net Income Loss
NetIncomeLoss
3352000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7878000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9408000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2391000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2220000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
187000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
126000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1640000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1023000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14268000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16350000 USD
powl Increase Decrease In Contract With Customer Asset And Liability Net
IncreaseDecreaseInContractWithCustomerAssetAndLiabilityNet
-30150000 USD
powl Increase Decrease In Contract With Customer Asset And Liability Net
IncreaseDecreaseInContractWithCustomerAssetAndLiabilityNet
-42954000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2534000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8202000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-628000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6439000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1071000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1330000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11264000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2174000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2305000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3051000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1131000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1566000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
53400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33935000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
7330000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
5869000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
6146000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
13088000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4274000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3210000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5458000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4009000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
617000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1151000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9047000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8991000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10064000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10542000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
37878000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
27402000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-491000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-542000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118639000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61725000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156026000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88585000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:24px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div>The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States (U.S. GAAP) requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying footnotes. The most significant estimates used in our condensed consolidated financial statements affect revenue recognition and estimated cost recognition on our customer contracts, the allowance for doubtful accounts, provision for excess and obsolete inventory, warranty accruals and income taxes. The amounts recorded for warranties, legal, income taxes, impairment of long-lived assets (when applicable) and other contingent liabilities require judgments regarding the amount of expenses that will ultimately be incurred. We base our estimates on historical experience and on various other assumptions, as well as the specific circumstances surrounding these contingent liabilities, in evaluating the amount of liability that should be recorded. Additionally, the recognition of deferred tax assets requires estimates related to future income and other assumptions regarding timing and future profitability because the ultimate realization of net deferred tax assets is dependent on the generation of future taxable income during the periods in which temporary differences become deductible. Estimates routinely change as new events occur, additional information becomes available or operating environments change. Actual results may differ from our prior estimates.
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3481000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5089000 USD
us-gaap Net Income Loss
NetIncomeLoss
13677000 USD
us-gaap Net Income Loss
NetIncomeLoss
3352000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11631000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11579000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11622000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11567000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
67000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
64000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
22000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11698000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11603000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11686000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11589000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
powl Increase Decrease Due To Foreign Currency Translation
IncreaseDecreaseDueToForeignCurrencyTranslation
3000 USD
powl Increase Decrease Due To Foreign Currency Translation
IncreaseDecreaseDueToForeignCurrencyTranslation
-4000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
434000 USD
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
205000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
434000 USD
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
205000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
300000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
214000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
301000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
157000 USD
CY2020Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
136000 USD
CY2019Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
25000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
187000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
126000 USD
CY2020Q2 powl Allowance For Doubtful Accounts Receivable Write Offs Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsRecoveries
2000 USD
CY2019Q2 powl Allowance For Doubtful Accounts Receivable Write Offs Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsRecoveries
31000 USD
powl Allowance For Doubtful Accounts Receivable Write Offs Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsRecoveries
57000 USD
powl Allowance For Doubtful Accounts Receivable Write Offs Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsRecoveries
74000 USD
CY2020Q2 powl Increase Decrease Due To Foreign Currency Translation
IncreaseDecreaseDueToForeignCurrencyTranslation
0 USD
CY2019Q2 powl Increase Decrease Due To Foreign Currency Translation
IncreaseDecreaseDueToForeignCurrencyTranslation
-3000 USD
CY2020Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
30481000 USD
CY2019Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
28102000 USD
CY2020Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
1182000 USD
CY2019Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
1100000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
31663000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
29202000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
532200000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
342400000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3276000 USD
CY2019Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2986000 USD
CY2019Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2946000 USD
CY2018Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2604000 USD
CY2020Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
276000 USD
CY2019Q2 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
945000 USD
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
1904000 USD
us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
2572000 USD
CY2020Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
555000 USD
CY2019Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
754000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1826000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1992000 USD
CY2020Q2 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-14000 USD
CY2019Q2 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-3000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
13000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
4000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3011000 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3180000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3011000 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3180000 USD
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
10800000 USD
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
4300000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
51723000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
55374000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
97969000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
71464000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
800000 USD
CY2020Q2 powl Contract With Customer Asset Liability Net Current
ContractWithCustomerAssetLiabilityNetCurrent
-46246000 USD
CY2019Q3 powl Contract With Customer Asset Liability Net Current
ContractWithCustomerAssetLiabilityNetCurrent
-16090000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
34600000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
67100000 USD
CY2020Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
6700000 USD
CY2019Q3 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
5600000 USD
CY2020Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
5600000 USD
CY2020Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Noncurrent
ContractWithCustomerReceivableAfterAllowanceForCreditLossNoncurrent
1100000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
118062000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
135588000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
403781000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368676000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
118062000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
135588000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
403781000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368676000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
800000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
1200000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
400000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
400000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
400000 USD
CY2020Q2 powl Commitments And Contingencies Additional Bonding Capacity
CommitmentsAndContingenciesAdditionalBondingCapacity
588000000.0 USD
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
156026000 USD
CY2020Q2 powl Shortterm Investments Fair Value Disclosure
ShorttermInvestmentsFairValueDisclosure
7330000 USD
CY2020Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
6997000 USD
CY2020Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
6370000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
118639000 USD
CY2019Q3 powl Shortterm Investments Fair Value Disclosure
ShorttermInvestmentsFairValueDisclosure
6042000 USD
CY2019Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
6825000 USD
CY2019Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
6249000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
571000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1779000 USD
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
156000 USD
us-gaap Sublease Income
SubleaseIncome
393000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
86000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
265000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
148000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
496000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
649000 USD
us-gaap Lease Cost
LeaseCost
2147000 USD
CY2020Q2 powl Operating Lease Right Of Use Asset Lease Accrual
OperatingLeaseRightOfUseAssetLeaseAccrual
600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2133000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5542000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2306000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3870000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6176000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
773000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2414000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2140000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1109000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
85000 USD
CY2020Q2 powl Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6521000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
345000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6176000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0422
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2922000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5886000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15810000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4315000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-559000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
797000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
963000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3481000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5089000 USD
us-gaap Net Income Loss
NetIncomeLoss
13677000 USD
us-gaap Net Income Loss
NetIncomeLoss
3352000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.19
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.13
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.19
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14
CY2020Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1700000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.13
CY2020Q2 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1700000 USD
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
500000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
500000 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
1400000 USD

Files In Submission

Name View Source Status
0000080420-20-000027-index-headers.html Edgar Link pending
0000080420-20-000027-index.html Edgar Link pending
0000080420-20-000027.txt Edgar Link pending
0000080420-20-000027-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
powl-20200630.xsd Edgar Link pending
powl-20200630_cal.xml Edgar Link unprocessable
powl-20200630_def.xml Edgar Link unprocessable
powl-20200630_lab.xml Edgar Link unprocessable
powl-20200630_pre.xml Edgar Link unprocessable
powl10-qq32020.htm Edgar Link pending
powl10-qq32020_htm.xml Edgar Link completed
powlexhibit311q32020.htm Edgar Link pending
powlexhibit312q32020.htm Edgar Link pending
powlexhibit321q32020.htm Edgar Link pending
powlexhibit322q32020.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.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