$PSIX
POWER SOLUTIONS INTERNATIONAL, INC.

2023 Q4 Form 10-Q Financial Statement

#000113709123000017 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $104.8M $115.9M
YoY Change -23.54% -7.22%
Cost Of Revenue $77.22M $87.98M
YoY Change -28.23% -12.71%
Gross Profit $27.54M $27.91M
YoY Change -6.4% 15.75%
Gross Profit Margin 26.29% 24.08%
Selling, General & Admin $9.336M $10.60M
YoY Change -6.82% -8.15%
% of Gross Profit 33.9% 37.99%
Research & Development $5.429M $4.762M
YoY Change 9.32% -1.18%
% of Gross Profit 19.72% 17.07%
Depreciation & Amortization $1.360M $1.390M
YoY Change -12.82% -16.52%
% of Gross Profit 4.94% 4.98%
Operating Expenses $15.20M $15.79M
YoY Change -1.99% -6.47%
Operating Profit $12.33M $12.11M
YoY Change -11.31% 67.71%
Interest Expense -$3.595M $4.164M
YoY Change -16.38% 15.19%
% of Operating Profit -29.15% 34.38%
Other Income/Expense, Net
YoY Change
Pretax Income $8.739M $7.948M
YoY Change -9.04% 120.35%
Income Tax $369.0K $153.0K
% Of Pretax Income 4.22% 1.93%
Net Earnings $8.370M $7.795M
YoY Change -10.17% 144.2%
Net Earnings / Revenue 7.99% 6.73%
Basic Earnings Per Share $0.34
Diluted Earnings Per Share $0.36 $0.34
COMMON SHARES
Basic Shares Outstanding 22.97M shares 22.97M shares
Diluted Shares Outstanding 22.97M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.76M $31.80M
YoY Change -6.33% 93.0%
Cash & Equivalents $22.80M $31.80M
Short-Term Investments
Other Short-Term Assets $14.59M $12.50M
YoY Change -26.91% -31.76%
Inventory $84.95M $94.39M
Prepaid Expenses $8.518M
Receivables $66.98M $71.42M
Other Receivables $550.0K $500.0K
Total Short-Term Assets $205.4M $226.3M
YoY Change -19.54% -8.88%
LONG-TERM ASSETS
Property, Plant & Equipment $42.07M $41.80M
YoY Change 55.1% 66.33%
Goodwill $29.80M $29.80M
YoY Change 0.0% 0.0%
Intangibles $3.914M $4.350M
YoY Change -30.85% -29.68%
Long-Term Investments
YoY Change
Other Assets $3.099M $3.186M
YoY Change 53.49% -75.04%
Total Long-Term Assets $78.92M $79.14M
YoY Change 22.09% 25.28%
TOTAL ASSETS
Total Short-Term Assets $205.4M $226.3M
Total Long-Term Assets $78.92M $79.14M
Total Assets $284.3M $305.5M
YoY Change -11.13% -1.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.36M $75.52M
YoY Change -11.87% 3.28%
Accrued Expenses $29.24M $35.10M
YoY Change -20.98% -8.3%
Deferred Revenue $2.741M $2.522M
YoY Change 21.5% 54.72%
Short-Term Debt $144.8M $159.8M
YoY Change 91.53% -24.26%
Long-Term Debt Due $139.0K $136.0K
YoY Change -99.89% -37.33%
Total Short-Term Liabilities $248.3M $276.3M
YoY Change -22.23% -15.51%
LONG-TERM LIABILITIES
Long-Term Debt $90.00K $126.0K
YoY Change -98.27% -72.31%
Other Long-Term Liabilities $10.79M $11.37M
YoY Change -56.05% -41.61%
Total Long-Term Liabilities $10.88M $11.50M
YoY Change -63.43% -42.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $248.3M $276.3M
Total Long-Term Liabilities $10.88M $11.50M
Total Liabilities $288.2M $317.8M
YoY Change -17.72% -9.55%
SHAREHOLDERS EQUITY
Retained Earnings -$160.8M -$169.2M
YoY Change -14.06% -13.88%
Common Stock $23.00K $23.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.917M -$12.30M
YoY Change
Total Liabilities & Shareholders Equity $284.3M $305.5M
YoY Change -11.13% -1.96%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $8.370M $7.795M
YoY Change -10.17% 144.2%
Depreciation, Depletion And Amortization $1.360M $1.390M
YoY Change -12.82% -16.52%
Cash From Operating Activities $8.392M $35.55M
YoY Change -5.3% 184.72%
INVESTING ACTIVITIES
Capital Expenditures $2.356M $1.430M
YoY Change 549.04% -396.07%
Acquisitions
YoY Change
Other Investing Activities $16.00K
YoY Change
Cash From Investing Activities -$2.340M -$1.430M
YoY Change 544.63% 196.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.06M -30.06M
YoY Change 2249.14% -2734.53%
NET CHANGE
Cash From Operating Activities 8.392M 35.55M
Cash From Investing Activities -2.340M -1.430M
Cash From Financing Activities -15.06M -30.06M
Net Change In Cash -9.006M 4.060M
YoY Change -214.61% -69.11%
FREE CASH FLOW
Cash From Operating Activities $8.392M $35.55M
Capital Expenditures $2.356M $1.430M
Free Cash Flow $6.036M $34.12M
YoY Change -28.98% 163.09%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 credit losses, 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.</span></div>
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CY2022Q3 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
14390000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
9430000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Noncurrent
StandardProductWarrantyAccrualNoncurrent
9667000 usd
psix Product Warranty Expense Net Of Recoveries
ProductWarrantyExpenseNetOfRecoveries
12000000 usd
psix Product Warranty Expense Net Of Recoveries
ProductWarrantyExpenseNetOfRecoveries
5400000 usd
psix Product Warranty Recoveries
ProductWarrantyRecoveries
700000 usd
psix Product Warranty Recoveries
ProductWarrantyRecoveries
3400000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
6300000 usd
psix Standard Product Warranty Accrual Earnings Per Share Diluted
StandardProductWarrantyAccrualEarningsPerShareDiluted
0.27
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
2700000 usd
psix Standard Product Warranty Accrual Earnings Per Share Diluted
StandardProductWarrantyAccrualEarningsPerShareDiluted
0.12
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115884000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
124900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354218000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
344326000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115884000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
124900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354218000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
344326000 usd
CY2023Q3 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
15668000 usd
CY2022Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
3620000 usd
CY2021Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
2707000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2522000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2256000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1819000 usd
CY2023Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2605000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3199000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3330000 usd
CY2023Q3 psix Contract With Customer Asset Liability
ContractWithCustomerAssetLiability
10541000 usd
CY2022Q4 psix Contract With Customer Asset Liability
ContractWithCustomerAssetLiability
-1835000 usd
CY2021Q4 psix Contract With Customer Asset Liability
ContractWithCustomerAssetLiability
-2442000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1200000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4000000.0 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
600000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1100000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
500000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
800000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
900000 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
100000 usd
CY2023Q3 psix Debt Instrument Number Of Loan Agreements
DebtInstrumentNumberOfLoanAgreements
4 agreement
CY2023Q1 psix Collaborative Arrangement Term
CollaborativeArrangementTerm
P3Y
CY2023Q3 psix Collaborative Arrangement Sales
CollaborativeArrangementSales
300000 usd
psix Collaborative Arrangement Sales
CollaborativeArrangementSales
2400000 usd
CY2022Q3 psix Collaborative Arrangement Sales
CollaborativeArrangementSales
1500000 usd
psix Collaborative Arrangement Sales
CollaborativeArrangementSales
2000000 usd
CY2023Q3 psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
500000 usd
psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
4300000 usd
CY2022Q3 psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
3500000 usd
psix Collaborative Arrangement Inventory Purchased Goods
CollaborativeArrangementInventoryPurchasedGoods
10600000 usd
CY2023Q3 psix Collaborative Arrangement Outstanding Receivables
CollaborativeArrangementOutstandingReceivables
1600000 usd
CY2022Q4 psix Collaborative Arrangement Outstanding Receivables
CollaborativeArrangementOutstandingReceivables
2300000 usd
CY2022Q4 psix Collaborative Arrangement Accounts Payable
CollaborativeArrangementAccountsPayable
23400000 usd
CY2023Q3 psix Collaborative Arrangement Accounts Payable
CollaborativeArrangementAccountsPayable
23400000 usd
CY2023Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
55421000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
53321000 usd
CY2023Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
41486000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
39477000 usd
CY2023Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
13935000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
13844000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
29800000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
29800000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37340000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32990000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4350000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37340000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31680000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5660000 usd
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
159820000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
205614000 usd
CY2023Q3 psix Finance Lease Liability And Other Long Term Debt
FinanceLeaseLiabilityAndOtherLongTermDebt
455000 usd
CY2022Q4 psix Finance Lease Liability And Other Long Term Debt
FinanceLeaseLiabilityAndOtherLongTermDebt
619000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
455000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5419000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
216000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
220000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
239000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
5199000 usd
CY2023Q1 psix Number Of Shareholder Loan Agreements Amended
NumberOfShareholderLoanAgreementsAmended
2 agreement
CY2023Q1 psix Number Of Shareholder Loan Agreements
NumberOfShareholderLoanAgreements
4 agreement
CY2023Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
160300000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31800000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8100000 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5300000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
2365000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
1693000 usd
us-gaap Lease Cost
LeaseCost
6540000 usd
us-gaap Lease Cost
LeaseCost
5057000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1561000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1150000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4353000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3489000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
20000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
31000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
61000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
119000 usd
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3000 usd
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
17000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
408000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
24000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
809000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
89000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
373000 usd
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
306000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
1305000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
1026000 usd
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
87000 usd
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
259000 usd
us-gaap Sublease Income
SubleaseIncome
619000 usd
us-gaap Sublease Income
SubleaseIncome
795000 usd
CY2023Q3 psix Lease Cost Excluding Sublease Income
LeaseCostExcludingSubleaseIncome
2278000 usd
CY2022Q3 psix Lease Cost Excluding Sublease Income
LeaseCostExcludingSubleaseIncome
1257000 usd
psix Lease Cost Excluding Sublease Income
LeaseCostExcludingSubleaseIncome
5920000 usd
psix Lease Cost Excluding Sublease Income
LeaseCostExcludingSubleaseIncome
3945000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3315000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3642000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
11000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
16000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
67000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
125000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
17838000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M24D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.076
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.071
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.065
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.066
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27836000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13282000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3674000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2894000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25899000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10971000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29573000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13865000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
164000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
225000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
80000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
90000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
113000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
170000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
193000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
260000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1404000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
26000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5883000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
84000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6067000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
81000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5842000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
17000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5950000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4972000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7534000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
37652000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
208000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8079000 usd
CY2023Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
15000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
29573000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
193000 usd
CY2023Q3 psix Number Of Outstanding Letters Of Credit
NumberOfOutstandingLettersOfCredit
5 letterofcredit
CY2023Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2100000 usd
CY2023Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
3800000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.019
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.029
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.115
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.007
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
7795000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
3192000 usd
us-gaap Net Income Loss
NetIncomeLoss
17936000 usd
us-gaap Net Income Loss
NetIncomeLoss
1951000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22967000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22948000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22957000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22934000 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7000 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
11000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
12000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22974000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22959000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22969000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22944000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0001137091-23-000017.txt Edgar Link pending
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exhibit311-ceocertificatio.htm Edgar Link pending
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