2022 Q3 Form 10-Q Financial Statement

#000113709122000015 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $124.9M $120.5M $98.95M
YoY Change 6.18% 8.07% -1.22%
Cost Of Revenue $100.8M $102.2M $82.23M
YoY Change -5.17% 3.94% -11.68%
Gross Profit $24.11M $18.32M $16.72M
YoY Change 112.56% 38.86% 136.46%
Gross Profit Margin 19.3% 15.21% 16.9%
Selling, General & Admin $11.54M $9.995M $11.39M
YoY Change 5.32% -52.61% -27.99%
% of Gross Profit 47.87% 54.55% 68.1%
Research & Development $4.819M $4.554M $4.560M
YoY Change -11.37% -25.48% -26.74%
% of Gross Profit 19.99% 24.86% 27.28%
Depreciation & Amortization $1.665M $1.718M $1.206M
YoY Change -9.31% -5.19% -4.74%
% of Gross Profit 6.91% 9.38% 7.21%
Operating Expenses $16.89M $15.08M $16.49M
YoY Change -0.84% -45.82% -27.28%
Operating Profit $7.222M $3.241M $232.0K
YoY Change -226.99% -122.14% -101.49%
Interest Expense $3.615M $2.670M $2.445M
YoY Change 122.74% 81.76% 13.14%
% of Operating Profit 50.06% 82.38% 1053.88%
Other Income/Expense, Net -$3.615M -$2.670M -$2.445M
YoY Change 122.74% 81.63% 13.14%
Pretax Income $3.607M $571.0K -$2.213M
YoY Change -149.34% -103.54% -87.54%
Income Tax $415.0K -$787.0K $386.0K
% Of Pretax Income 11.51% -137.83%
Net Earnings $3.192M $1.358M -$2.599M
YoY Change -144.48% -108.72% -85.68%
Net Earnings / Revenue 2.56% 1.13% -2.63%
Basic Earnings Per Share $0.14 $0.06 -$0.11
Diluted Earnings Per Share $0.14 $0.06 -$0.11
COMMON SHARES
Basic Shares Outstanding 22.95M shares 22.93M shares 22.93M shares
Diluted Shares Outstanding 22.96M shares 22.94M shares 22.93M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.48M $3.448M $2.267M
YoY Change 230.0% -37.34% -90.31%
Cash & Equivalents $16.50M $3.400M $2.300M
Short-Term Investments
Other Short-Term Assets $18.32M $14.94M $12.04M
YoY Change 97.9% 86.99% 7.87%
Inventory $127.2M $131.1M $139.1M
Prepaid Expenses
Receivables $82.73M $86.80M $71.25M
Other Receivables $567.0K $3.098M $4.497M
Total Short-Term Assets $248.4M $241.8M $231.5M
YoY Change 11.73% 15.42% 15.66%
LONG-TERM ASSETS
Property, Plant & Equipment $25.13M $26.80M $28.60M
YoY Change -23.63% -22.13% -19.62%
Goodwill $29.80M $29.80M $29.80M
YoY Change 0.0% 0.0% 0.0%
Intangibles $6.186M $6.712M $7.243M
YoY Change -26.51% -25.85% -25.21%
Long-Term Investments
YoY Change
Other Assets $12.76M $13.69M $14.42M
YoY Change -20.98% -18.96% -27.9%
Total Long-Term Assets $63.17M $65.26M $67.48M
YoY Change -13.42% -12.91% -14.49%
TOTAL ASSETS
Total Short-Term Assets $248.4M $241.8M $231.5M
Total Long-Term Assets $63.17M $65.26M $67.48M
Total Assets $311.6M $307.0M $299.0M
YoY Change 5.51% 7.95% 7.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.12M $75.88M $82.60M
YoY Change -18.52% -4.9% 49.78%
Accrued Expenses $38.28M $35.68M $32.63M
YoY Change 20.71% 25.47% 11.16%
Deferred Revenue $1.630M $1.586M $2.702M
YoY Change -90.56% -95.44% -91.81%
Short-Term Debt $211.0M $209.8M $170.0M
YoY Change 35.73%
Long-Term Debt Due $217.0K $200.0K $223.0K
YoY Change -23.86% -34.21% -23.63%
Total Short-Term Liabilities $327.0M $324.9M $289.3M
YoY Change 10.39% 17.04% 14.85%
LONG-TERM LIABILITIES
Long-Term Debt $455.0K $536.0K $25.59M
YoY Change -32.89% -27.86% 3581.44%
Other Long-Term Liabilities $19.48M $20.22M $23.52M
YoY Change -33.05% -31.72% -30.93%
Total Long-Term Liabilities $19.93M $20.76M $49.11M
YoY Change -33.05% -31.62% 41.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $327.0M $324.9M $289.3M
Total Long-Term Liabilities $19.93M $20.76M $49.11M
Total Liabilities $351.3M $350.1M $343.4M
YoY Change 6.53% 12.26% 18.0%
SHAREHOLDERS EQUITY
Retained Earnings -$196.4M -$199.6M -$201.0M
YoY Change 2.95% 8.71% 19.59%
Common Stock $23.00K $23.00K $23.00K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $971.0K $1.118M $1.116M
YoY Change -21.31% -6.68% -13.82%
Treasury Stock Shares 167.0K shares 189.0K shares 190.0K shares
Shareholders Equity -$39.76M -$43.01M -$44.42M
YoY Change
Total Liabilities & Shareholders Equity $311.6M $307.0M $299.0M
YoY Change 5.51% 7.95% 7.14%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $3.192M $1.358M -$2.599M
YoY Change -144.48% -108.72% -85.68%
Depreciation, Depletion And Amortization $1.665M $1.718M $1.206M
YoY Change -9.31% -5.19% -4.74%
Cash From Operating Activities $12.49M -$12.82M -$17.38M
YoY Change -150.22% -35.66% -405.88%
INVESTING ACTIVITIES
Capital Expenditures -$483.0K -$392.0K -$116.0K
YoY Change -50.26% -30.99% -81.2%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Cash From Investing Activities -$483.0K -$392.0K -$116.0K
YoY Change -42.29% -123.92% -80.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.141M 14.68M $13.19M
YoY Change -95.49% 48830.0% -599.92%
NET CHANGE
Cash From Operating Activities 12.49M -12.82M -$17.38M
Cash From Investing Activities -483.0K -392.0K -$116.0K
Cash From Financing Activities 1.141M 14.68M $13.19M
Net Change In Cash 13.14M 1.471M -$4.305M
YoY Change -3577.25% -108.06% -276.72%
FREE CASH FLOW
Cash From Operating Activities $12.49M -$12.82M -$17.38M
Capital Expenditures -$483.0K -$392.0K -$116.0K
Free Cash Flow $12.97M -$12.42M -$17.26M
YoY Change -154.28% -35.8% -374.07%

Facts In Submission

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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3631000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
571000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-16109000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1642000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-33869000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-787000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-538000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-401000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-148000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1358000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-15571000 usd
us-gaap Net Income Loss
NetIncomeLoss
-1241000 usd
us-gaap Net Income Loss
NetIncomeLoss
-33721000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22927000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22893000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22927000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22893000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22940000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22893000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22927000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22893000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.47
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2000 usd
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.47
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-44419000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1358000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
50000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-43013000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-11945000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-15571000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
123000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-3000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-27396000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-42023000 usd
us-gaap Net Income Loss
NetIncomeLoss
-1241000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
253000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-43013000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
6097000 usd
us-gaap Net Income Loss
NetIncomeLoss
-33721000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
232000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-4000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-27396000 usd
us-gaap Net Income Loss
NetIncomeLoss
-1241000 usd
us-gaap Net Income Loss
NetIncomeLoss
-33721000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1072000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1267000 usd
us-gaap Depreciation
Depreciation
2393000 usd
us-gaap Depreciation
Depreciation
2445000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
253000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
232000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1283000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1627000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-225000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
371000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
482000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
503000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21706000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-577000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11048000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21417000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1600000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-11000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-17406000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
48475000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
4175000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-10122000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-8721000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-4487000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30193000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14239000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
508000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1185000 usd
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 usd
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
2181000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-36000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-508000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1032000 usd
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
165000 usd
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
193000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
29820000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1786000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2549000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
134000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27867000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2608000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2834000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15815000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9732000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24267000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6898000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8452000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3448000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5503000 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
3450000 usd
CY2021Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
2949000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6898000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8452000 usd
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 psix Number Of Board Members
NumberOfBoardMembers
4 boardmember
CY2022Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
210600000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3400000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Use Of Estimates
UseOfEstimates
The preparation of consolidated financial statements in conformity with U.S. GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions include the valuation of allowances for uncollectible receivables, inventory reserves, warranty reserves, stock-based compensation, evaluation of goodwill, other intangibles, property, plant and equipment for impairment, and determination of useful lives of long-lived assets. Actual results could materially differ from those estimates.
CY2022Q2 psix Research And Development Expense Excluding Engineering
ResearchAndDevelopmentExpenseExcludingEngineering
4500000 usd
CY2021Q2 psix Research And Development Expense Excluding Engineering
ResearchAndDevelopmentExpenseExcludingEngineering
6100000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9100000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12300000 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2100000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2100000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
3500000 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
3500000 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
107913000 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
120130000 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
5437000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
8923000 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
20720000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
16509000 usd
CY2022Q2 us-gaap Inventory Gross
InventoryGross
134070000 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
145562000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2941000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3370000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
131129000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
142192000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3370000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3328000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
163000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
459000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
592000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
200000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2941000 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3587000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
15682000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
15830000 usd
CY2022Q2 us-gaap Litigation Reserve
LitigationReserve
1698000 usd
CY2021Q4 us-gaap Litigation Reserve
LitigationReserve
894000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1586000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1819000 usd
CY2022Q2 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
4734000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
4397000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4122000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3978000 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
2278000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
625000 usd
CY2022Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
8863000 usd
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
7258000 usd
CY2022Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
38963000 usd
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
34801000 usd
CY2022Q2 psix Standard Product Warranty Accrual Specific Warranty Related Matter
StandardProductWarrantyAccrualSpecificWarrantyRelatedMatter
2000000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
32947000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
31542000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4170000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
8770000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
115000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
780000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11442000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11767000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
25790000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
29325000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
15682000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
14782000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
10108000 usd
CY2021Q2 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
14543000 usd
psix Product Warranty Expense Net Of Recoveries
ProductWarrantyExpenseNetOfRecoveries
1900000 usd
psix Product Warranty Expense Net Of Recoveries
ProductWarrantyExpenseNetOfRecoveries
7500000 usd
psix Product Warranty Recoveries
ProductWarrantyRecoveries
2100000 usd
psix Product Warranty Recoveries
ProductWarrantyRecoveries
2500000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
100000 usd
psix Standard Product Warranty Accrual Earnings Per Share Diluted
StandardProductWarrantyAccrualEarningsPerShareDiluted
0.01
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
800000 usd
psix Standard Product Warranty Accrual Earnings Per Share Diluted
StandardProductWarrantyAccrualEarningsPerShareDiluted
0.03
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1200000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
120479000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
111478000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
219426000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211649000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
120479000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
111478000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
219426000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211649000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1000000.0 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
500000 usd
CY2022Q2 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
2367000 usd
CY2021Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
2707000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1586000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1819000 usd
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3654000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3330000 usd
CY2022Q2 psix Contract With Customer Asset Liability
ContractWithCustomerAssetLiability
-2873000 usd
CY2021Q4 psix Contract With Customer Asset Liability
ContractWithCustomerAssetLiability
-2442000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
400000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
20400000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4800000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
500000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
200000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1400000 usd
CY2022Q2 psix Debt Instrument Number Of Loan Agreements
DebtInstrumentNumberOfLoanAgreements
4 agreement
CY2022Q2 psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
2900000 usd
psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
7100000 usd
CY2021Q2 psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
3700000 usd
psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
6700000 usd
CY2022Q2 psix Collaborative Arrangement Receivable
CollaborativeArrangementReceivable
1000000 usd
CY2022Q2 psix Collaborative Arrangement Accounts Payable
CollaborativeArrangementAccountsPayable
19600000 usd
CY2021Q4 psix Collaborative Arrangement Accounts Payable
CollaborativeArrangementAccountsPayable
12500000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
52350000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
52590000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
37322000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
35246000 usd
CY2022Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
15028000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17344000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
29800000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
29800000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
11600000 usd
CY2022Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
11600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37340000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30628000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6712000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37340000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29556000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7784000 usd
CY2022Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
79820000 usd
CY2021Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
25000000 usd
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
209820000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
155000000 usd
CY2022Q2 psix Finance Lease Liability And Other Long Term Debt
FinanceLeaseLiabilityAndOtherLongTermDebt
736000 usd
CY2021Q4 psix Finance Lease Liability And Other Long Term Debt
FinanceLeaseLiabilityAndOtherLongTermDebt
890000 usd
CY2022Q2 psix Long Term Debt And Finance Lease Liability
LongTermDebtAndFinanceLeaseLiability
736000 usd
CY2021Q4 psix Long Term Debt And Finance Lease Liability
LongTermDebtAndFinanceLeaseLiability
25890000 usd
CY2022Q2 psix Long Term Debt Current Maturities And Finance Lease Liability Current
LongTermDebtCurrentMaturitiesAndFinanceLeaseLiabilityCurrent
200000 usd
CY2021Q4 psix Long Term Debt Current Maturities And Finance Lease Liability Current
LongTermDebtCurrentMaturitiesAndFinanceLeaseLiabilityCurrent
254000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
536000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
25636000 usd
CY2022Q1 psix Debt Instrument Number Of Loan Agreements Amended
DebtInstrumentNumberOfLoanAgreementsAmended
2 agreement
CY2022Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
210600000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3400000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1160000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1225000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2339000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2467000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
40000 usd
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
52000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
88000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
104000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000 usd
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
9000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
12000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
19000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
29000 usd
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
130000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
65000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
232000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
340000 usd
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
176000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
720000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
514000 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
271000 usd
CY2021Q2 us-gaap Sublease Income
SubleaseIncome
0 usd
us-gaap Sublease Income
SubleaseIncome
536000 usd
us-gaap Sublease Income
SubleaseIncome
0 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
1303000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
1592000 usd
us-gaap Lease Cost
LeaseCost
2688000 usd
us-gaap Lease Cost
LeaseCost
3336000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
2424000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
2498000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
12000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
19000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
93000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
104000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.071
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.066
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.065
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11776000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13545000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4122000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3978000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8211000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10304000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12333000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
14282000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
277000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
364000 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
99000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
147000 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
215000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
260000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
314000 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
407000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2434000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
64000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3347000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
103000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1815000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
84000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1851000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
81000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1515000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
17000 usd
CY2022Q2 psix Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
4023000 usd
CY2022Q2 psix Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14985000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
349000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2652000 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
35000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12333000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
314000 usd
CY2020Q1 us-gaap Unusual Or Infrequent Item Insurance Proceeds
UnusualOrInfrequentItemInsuranceProceeds
30000000 usd
psix Number Of Outstanding Letters Of Credit
NumberOfOutstandingLettersOfCredit
5 letterofcredit
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2100000 usd
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2100000 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
3500000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.378
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.033
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.004
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22940000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22893000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1358000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-15571000 usd
us-gaap Net Income Loss
NetIncomeLoss
-1241000 usd
us-gaap Net Income Loss
NetIncomeLoss
-33721000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22927000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22893000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22927000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22893000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22927000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22893000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.68
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.47
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.47
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares

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