$POWL
POWELL INDUSTRIES INC

2023 Q3 Form 10-Q Financial Statement

#000008042023000038 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $208.6M $192.4M
YoY Change 28.26% 41.98%
Cost Of Revenue $156.7M $149.7M
YoY Change 21.22% 28.58%
Gross Profit $51.98M $42.67M
YoY Change 55.45% 123.88%
Gross Profit Margin 24.91% 22.18%
Selling, General & Admin $20.43M $19.69M
YoY Change -2.52% 20.04%
% of Gross Profit 39.3% 46.15%
Research & Development $1.749M $1.427M
YoY Change 7.9% -20.99%
% of Gross Profit 3.36% 3.34%
Depreciation & Amortization $2.106M $2.188M
YoY Change -2.14% -7.87%
% of Gross Profit 4.05% 5.13%
Operating Expenses $22.18M $21.12M
YoY Change -1.77% 15.97%
Operating Profit $29.80M $21.55M
YoY Change 174.39% 2438.52%
Interest Expense $2.914M $2.093M
YoY Change -1289.39% 3222.22%
% of Operating Profit 9.78% 9.71%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income $32.72M $23.65M
YoY Change 208.17% 710.32%
Income Tax $6.283M $5.191M
% Of Pretax Income 19.2% 21.95%
Net Earnings $26.44M $18.45M
YoY Change 202.51% 103.66%
Net Earnings / Revenue 12.67% 9.59%
Basic Earnings Per Share $2.22 $1.55
Diluted Earnings Per Share $2.17 $1.52
COMMON SHARES
Basic Shares Outstanding 11.86M shares 11.86M shares
Diluted Shares Outstanding 12.14M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $279.0M $209.8M
YoY Change 139.48% 112.94%
Cash & Equivalents $245.9M $183.4M
Short-Term Investments $33.13M $26.41M
Other Short-Term Assets $6.380M $10.56M
YoY Change 67.28% 277.31%
Inventory $63.87M $66.11M
Prepaid Expenses $5.419M $4.821M
Receivables $206.6M $260.7M
Other Receivables $100.0K $147.0K
Total Short-Term Assets $622.0M $547.3M
YoY Change 68.11% 68.5%
LONG-TERM ASSETS
Property, Plant & Equipment $97.63M $98.44M
YoY Change -1.02% -3.51%
Goodwill $1.000M $1.003M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.13M $24.40M
YoY Change 5.66% 104.87%
Total Long-Term Assets $130.3M $123.8M
YoY Change 5.56% -2.51%
TOTAL ASSETS
Total Short-Term Assets $622.0M $547.3M
Total Long-Term Assets $130.3M $123.8M
Total Assets $752.2M $671.1M
YoY Change 52.47% 48.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.67M $62.85M
YoY Change -10.65% 35.93%
Accrued Expenses $34.03M $28.30M
YoY Change 17.71% 51.61%
Deferred Revenue $279.8M $225.8M
YoY Change 250.37% 239.08%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $395.7M $335.0M
YoY Change 112.31% 132.07%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.722M $12.03M
YoY Change 14.27% 435.47%
Total Long-Term Liabilities $1.722M $12.03M
YoY Change 14.27% 435.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $395.7M $335.0M
Total Long-Term Liabilities $1.722M $12.03M
Total Liabilities $407.2M $347.0M
YoY Change 107.58% 122.66%
SHAREHOLDERS EQUITY
Retained Earnings $325.3M $302.0M
YoY Change 14.68% 8.64%
Common Stock $71.53M $70.91M
YoY Change 6.06% 8.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.00M $25.00M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $345.0M $324.1M
YoY Change
Total Liabilities & Shareholders Equity $752.2M $671.1M
YoY Change 52.47% 48.54%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $26.44M $18.45M
YoY Change 202.51% 103.66%
Depreciation, Depletion And Amortization $2.106M $2.188M
YoY Change -2.14% -7.87%
Cash From Operating Activities $77.25M $49.80M
YoY Change 219.2% -437.03%
INVESTING ACTIVITIES
Capital Expenditures $3.819M $650.0K
YoY Change -656.71% -200.15%
Acquisitions
YoY Change
Other Investing Activities -$7.355M -$15.09M
YoY Change -202.58% -282.87%
Cash From Investing Activities -$11.17M -$15.74M
YoY Change -272.33% -307.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.159M -3.112M
YoY Change 2.73% 1.47%
NET CHANGE
Cash From Operating Activities 77.25M 49.80M
Cash From Investing Activities -11.17M -15.74M
Cash From Financing Activities -3.159M -3.112M
Net Change In Cash 62.92M 30.94M
YoY Change 127.88% -402.25%
FREE CASH FLOW
Cash From Operating Activities $77.25M $49.80M
Capital Expenditures $3.819M $650.0K
Free Cash Flow $73.43M $49.15M
YoY Change 195.06% -447.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Goodwill
Goodwill
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CY2022Q3 us-gaap Goodwill
Goodwill
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CY2023Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
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CY2022Q3 us-gaap Common Stock Value Outstanding
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CY2023Q2 us-gaap Additional Paid In Capital Common Stock
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CY2022Q3 us-gaap Additional Paid In Capital Common Stock
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CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2022Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
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CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
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CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2022Q3 us-gaap Treasury Stock Value
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CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q2 us-gaap Liabilities And Stockholders Equity
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CY2022Q3 us-gaap Liabilities And Stockholders Equity
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CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q2 us-gaap Gross Profit
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CY2022Q2 us-gaap Gross Profit
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CY2023Q2 us-gaap Selling General And Administrative Expense
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CY2022Q2 us-gaap Selling General And Administrative Expense
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CY2023Q2 us-gaap Research And Development Expense
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1427000 usd
CY2022Q2 us-gaap Research And Development Expense
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CY2023Q2 us-gaap Operating Income Loss
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CY2022Q2 us-gaap Operating Income Loss
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849000 usd
CY2023Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
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CY2022Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2006000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 usd
us-gaap Other Nonoperating Income
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2285000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-774000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022Q4 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023Q2 us-gaap Dividends Common Stock Cash
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q4 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2021Q4 us-gaap Dividends Common Stock Cash
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CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2022Q2 us-gaap Dividends Common Stock Cash
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
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us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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powl Increase Decrease In Contract With Customer Asset And Liability Net
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powl Increase Decrease In Contract With Customer Asset And Liability Net
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
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us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Repayments Of Long Term Debt
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Of Dividends Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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101954000 usd
powl Predecessor Company Founded Period
PredecessorCompanyFoundedPeriod
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CY2023Q2 us-gaap Net Income Loss
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q2 us-gaap Inventory Work In Process
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CY2023Q2 us-gaap Inventory Net
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CY2022Q3 us-gaap Inventory Net
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2711000 usd
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us-gaap Product Warranty Accrual Period Increase Decrease
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us-gaap Product Warranty Accrual Period Increase Decrease
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us-gaap Product Warranty Accrual Payments
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us-gaap Product Warranty Accrual Payments
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us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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CY2023Q2 us-gaap Product Warranty Accrual Classified Current
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CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
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CY2023Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3202000 usd
CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2288000 usd
powl Standard Assurance Warranty Period
StandardAssuranceWarrantyPeriod
P1Y
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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CY2023Q2 us-gaap Revenue Remaining Performance Obligation
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CY2023Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
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us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
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powl Number Of Projects Cancelled
NumberOfProjectsCancelled
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us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
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3400000 usd
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CY2022Q3 powl Contract With Customer Asset Liability Net Current
ContractWithCustomerAssetLiabilityNetCurrent
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2023Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
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CY2022Q3 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
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CY2023Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
6800000 usd
CY2023Q2 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Noncurrent
ContractWithCustomerReceivableAfterAllowanceForCreditLossNoncurrent
200000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
192365000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
135483000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
490667000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
369907000 usd
CY2023Q2 powl Commitments And Contingencies Additional Bonding Capacity
CommitmentsAndContingenciesAdditionalBondingCapacity
342500000 usd
powl Cash Collateral Required For Guarantees Period
CashCollateralRequiredForGuaranteesPeriod
P2Y
CY2023Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
183355000 usd
CY2023Q2 powl Shortterm Investments Fair Value Disclosure
ShorttermInvestmentsFairValueDisclosure
26414000 usd
CY2023Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
8699000 usd
CY2023Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
9439000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
101954000 usd
CY2022Q3 powl Shortterm Investments Fair Value Disclosure
ShorttermInvestmentsFairValueDisclosure
14554000 usd
CY2022Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
7730000 usd
CY2022Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
7714000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
391000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
551000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1147000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1695000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
163000 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
171000 usd
us-gaap Sublease Income
SubleaseIncome
487000 usd
us-gaap Sublease Income
SubleaseIncome
519000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
93000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
114000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
288000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
372000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
669000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
413000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1486000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1266000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
990000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
907000 usd
us-gaap Lease Cost
LeaseCost
2434000 usd
us-gaap Lease Cost
LeaseCost
2814000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1567000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2179000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
839000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1777000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
741000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
545000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1580000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2322000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
344000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
671000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
330000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
145000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
133000 usd
CY2023Q2 powl Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
19000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1642000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
62000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1580000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0335
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y5M23D
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23645000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2918000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36232000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-774000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5191000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6143000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8142000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5772000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
18454000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
9061000 usd
us-gaap Net Income Loss
NetIncomeLoss
28090000 usd
us-gaap Net Income Loss
NetIncomeLoss
4998000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.11
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
7.46
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.11
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
7.46
powl Gain On Disposal Of Business Tax
GainOnDisposalOfBusinessTax
400000 usd
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

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