2022 Q2 Form 10-Q Financial Statement

#000183943922000013 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $111.0M $122.6M $88.01M
YoY Change 26.11% 22.79% 19.97%
Cost Of Revenue $40.34M $41.16M $41.98M
YoY Change -3.91% -0.08% 22.82%
Gross Profit $70.65M $81.44M $46.03M
YoY Change 53.49% 38.86% 17.49%
Gross Profit Margin 63.66% 66.43% 52.3%
Selling, General & Admin $65.99M $95.58M $45.81M
YoY Change 44.05% 48.22% -17.03%
% of Gross Profit 93.4% 117.36% 99.52%
Research & Development $13.02M $9.324M $9.475M
YoY Change 37.41% 5.56% 7.79%
% of Gross Profit 18.43% 11.45% 20.58%
Depreciation & Amortization $29.80M $1.665M $38.14M
YoY Change -21.86% -3.08% 11.88%
% of Gross Profit 42.18% 2.04% 82.86%
Operating Expenses $100.1M $104.9M $75.60M
YoY Change 32.44% 43.08% 18.1%
Operating Profit -$29.47M -$23.46M -$29.57M
YoY Change -0.33% 59.95% 19.07%
Interest Expense -$93.00K $101.0K -$694.0K
YoY Change -86.6% -85.32% -132.43%
% of Operating Profit
Other Income/Expense, Net $35.00M -$12.00K $455.0K
YoY Change 7591.21% -115.0% 810.0%
Pretax Income -$30.19M -$23.57M -$34.74M
YoY Change -13.1% 54.32% 25.32%
Income Tax -$6.370M -$6.876M -$8.468M
% Of Pretax Income
Net Earnings -$23.82M -$16.70M -$32.81M
YoY Change -27.4% -9.45% 29.89%
Net Earnings / Revenue -21.46% -13.62% -37.28%
Basic Earnings Per Share -$0.10
Diluted Earnings Per Share -$136.2K -$0.10 -$191.5K
COMMON SHARES
Basic Shares Outstanding 174.9M shares 174.8M shares
Diluted Shares Outstanding 174.8M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $133.0M $134.0M $2.634M
YoY Change 4950.91% 590.74%
Cash & Equivalents $133.0M $134.0M $2.634M
Short-Term Investments
Other Short-Term Assets $1.874M $1.214M $1.516M
YoY Change 23.61% -99.86% -60.3%
Inventory
Prepaid Expenses $9.421M $12.42M $6.586M
Receivables $21.51M $20.19M $16.47M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.920B $2.083B $722.0M
YoY Change 165.85% 132.87% 9.44%
LONG-TERM ASSETS
Property, Plant & Equipment $31.68M $32.75M $41.08M
YoY Change -22.89% -19.73% -6.66%
Goodwill $750.2M $750.7M $750.8M
YoY Change -0.09% 2.32%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.179M $25.08M $19.53M
YoY Change -93.96% -76.63% -26.82%
Total Long-Term Assets $1.212B $1.244B $1.289B
YoY Change -5.98% -5.39% -4.39%
TOTAL ASSETS
Total Short-Term Assets $1.920B $2.083B $722.0M
Total Long-Term Assets $1.212B $1.244B $1.289B
Total Assets $3.131B $3.327B $2.011B
YoY Change 55.71% 50.58% 0.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.95M $11.74M $11.98M
YoY Change 16.42% 18.6% -0.42%
Accrued Expenses $58.50M $52.46M $48.09M
YoY Change 21.65% 10.68%
Deferred Revenue $11.74M $11.76M $11.95M
YoY Change -1.72% 16.87%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.803B $1.958B $742.0M
YoY Change 143.03% 117.65% 9.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $49.10M
YoY Change -100.0% -100.0% 164.19%
Other Long-Term Liabilities $11.46M $11.89M $16.68M
YoY Change -31.31% -32.08% -8.16%
Total Long-Term Liabilities $11.46M $11.89M $65.78M
YoY Change -82.58% -80.12% 79.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.803B $1.958B $742.0M
Total Long-Term Liabilities $11.46M $11.89M $65.78M
Total Liabilities $1.847B $2.033B $883.9M
YoY Change 108.92% 56.74% 7.64%
SHAREHOLDERS EQUITY
Retained Earnings -$395.4M -$371.6M -$275.8M
YoY Change 43.39% 54.21%
Common Stock $175.0K $175.0K $141.0K
YoY Change 24.11% -7.24%
Preferred Stock
YoY Change
Treasury Stock (at cost) $245.1M $245.1M $245.1M
YoY Change 0.0%
Treasury Stock Shares 10.62M shares 10.62M shares
Shareholders Equity $1.285B $1.294B $878.6M
YoY Change
Total Liabilities & Shareholders Equity $3.131B $3.327B $2.011B
YoY Change 55.71% 50.58% 0.16%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income -$23.82M -$16.70M -$32.81M
YoY Change -27.4% -9.45% 29.89%
Depreciation, Depletion And Amortization $29.80M $1.665M $38.14M
YoY Change -21.86% -3.08% 11.88%
Cash From Operating Activities $12.72M $30.36M -$15.42M
YoY Change -182.51% 15.9% -920.05%
INVESTING ACTIVITIES
Capital Expenditures -$13.32M -$10.36M -$7.735M
YoY Change 72.22% -61.38% 41.67%
Acquisitions
YoY Change
Other Investing Activities $5.658M -$50.50M -$1.036M
YoY Change -646.14% 197.2% -100.69%
Cash From Investing Activities -$7.663M -$60.85M -$8.771M
YoY Change -12.63% 38.9% -106.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -166.9M 936.6M -146.7M
YoY Change 13.72% 363.53% -0.46%
NET CHANGE
Cash From Operating Activities 12.72M 30.36M -15.42M
Cash From Investing Activities -7.663M -60.85M -8.771M
Cash From Financing Activities -166.9M 936.6M -146.7M
Net Change In Cash -161.8M 906.1M -170.9M
YoY Change -5.33% 391.28% -90058.95%
FREE CASH FLOW
Cash From Operating Activities $12.72M $30.36M -$15.42M
Capital Expenditures -$13.32M -$10.36M -$7.735M
Free Cash Flow $26.04M $40.71M -$7.682M
YoY Change -438.99% -23.2% -204.66%

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us-gaap Net Income Loss
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us-gaap Net Income Loss
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Basic
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CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q1 pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
0 USD
CY2021Q1 pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
6379000 USD
pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
11621000 USD
pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
17900000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-18654000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-97629000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Net Income Loss
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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us-gaap Other Comprehensive Income Loss Net Of Tax
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Net Income Loss
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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StockIssuedDuringPeriodValueNewIssues
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us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
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OtherComprehensiveIncomeLossNetOfTax
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StockholdersEquityOther
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
22330000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
13641000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
55321000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5308000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
511000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1005000 USD
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GainLossOnSaleOfInvestments
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us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
70000 USD
us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
1359000 USD
us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
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us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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GainLossOnLeaseExit
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pycr Gain Loss On Lease Exit
GainLossOnLeaseExit
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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5391000 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5529000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
526000 USD
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IncreaseDecreaseInOtherNoncurrentAssets
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us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Develop Software
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us-gaap Payments To Develop Software
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us-gaap Net Cash Provided By Used In Investing Activities
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pycr Payment Of Deferred Consideration
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pycr Payment Of Deferred Consideration
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us-gaap Repayments Of Debt
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us-gaap Net Cash Provided By Used In Financing Activities
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Interest Paid Net
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CashAndCashEquivalentsAtCarryingValue
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CY2021Q1 us-gaap Restricted Cash And Investments
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CY2021Q1 pycr Funds Held For Clients Cash
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
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us-gaap Use Of Estimates
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Use of estimates The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the recognition of revenue, evaluation of potential impairment of goodwill and intangible assets, and the valuation of stock-based compensation.The Company’s results of operations and financial condition can also be affected by economic, political, legislative, regulatory and legal actions, including but not limited to health epidemics and pandemics and their resulting economic impact, including the impact from the COVID-19 pandemic. Economic conditions, such as recessionary trends, inflation, interest and monetary exchange rates, and government fiscal policies can have a significant effect on the Company’s results of operations and financial condition. While the Company maintains reserves for anticipated liabilities and carries various levels of insurance, the Company could be affected by civil, criminal, regulatory or administrative actions, claims or proceedings.
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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MarketingAndAdvertisingExpense
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us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
263372000 USD
CY2022Q1 pycr Implementation Fee Recognition Period
ImplementationFeeRecognitionPeriod
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CY2021Q4 us-gaap Contract With Customer Liability
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CY2020Q4 us-gaap Contract With Customer Liability
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CY2021Q2 us-gaap Contract With Customer Liability
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CY2020Q2 us-gaap Contract With Customer Liability
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0 USD
CY2021Q1 pycr Contract With Customer Liability Acquired Deferred Revenue
ContractWithCustomerLiabilityAcquiredDeferredRevenue
0 USD
pycr Contract With Customer Liability Acquired Deferred Revenue
ContractWithCustomerLiabilityAcquiredDeferredRevenue
0 USD
pycr Contract With Customer Liability Acquired Deferred Revenue
ContractWithCustomerLiabilityAcquiredDeferredRevenue
1374000 USD
CY2022Q1 pycr Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
6467000 USD
CY2021Q1 pycr Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
3792000 USD
pycr Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
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pycr Contract With Customer Liability Deferral Of Revenue
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CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
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ContractWithCustomerLiabilityRevenueRecognized
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ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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ContractWithCustomerLiabilityForeignExchangeGainLoss
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pycr Contract With Customer Liability Foreign Exchange Gain Loss
ContractWithCustomerLiabilityForeignExchangeGainLoss
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CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2021Q1 us-gaap Contract With Customer Liability
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CY2022Q1 us-gaap Revenue Remaining Performance Obligation
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CY2022Q1 us-gaap Revenue Remaining Performance Obligation
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CY2021Q4 us-gaap Capitalized Contract Cost Net
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CapitalizedContractCostAmortization
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CapitalizedContractCostNet
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pycr Capitalized Contract Cost Additions
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CY2022Q1 us-gaap Funds Held For Clients
FundsHeldForClients
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FundsHeldForClientsAmortizedCost
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FundsHeldForClientsGrossUnrealizedGains
2632000 USD
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FundsHeldForClientsGrossUnrealizedLosses
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CY2021Q2 us-gaap Funds Held For Clients
FundsHeldForClients
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
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CY2022Q1 pycr Funds Held For Clients Maturities Year One
FundsHeldForClientsMaturitiesYearOne
1739564000 USD
CY2022Q1 pycr Funds Held For Clients Maturities Year Two
FundsHeldForClientsMaturitiesYearTwo
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CY2022Q1 pycr Funds Held For Clients Maturities Year Three
FundsHeldForClientsMaturitiesYearThree
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FundsHeldForClientsMaturitiesAfterYearThree
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FundsHeldForClientsMaturities
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CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32751000 USD
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PropertyPlantAndEquipmentNet
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CY2022Q1 us-gaap Depreciation
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1665000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
1718000 USD
us-gaap Depreciation
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5113000 USD
us-gaap Depreciation
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5073000 USD
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CapitalizedComputerSoftwareGross
52945000 USD
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CapitalizedComputerSoftwareAccumulatedAmortization
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CapitalizedComputerSoftwareAccumulatedAmortization
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CapitalizedComputerSoftwareNet
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CapitalizedComputerSoftwareNet
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CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
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CY2021Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3690000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
16008000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9538000 USD
CY2021Q2 us-gaap Goodwill
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750802000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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-147000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
750655000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
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FiniteLivedIntangibleAssetsGross
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CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsNet
280414000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
355323000 USD
CY2022Q1 pycr Amortization Of Intangible Assets Excluding Capitalized Computer Software
AmortizationOfIntangibleAssetsExcludingCapitalizedComputerSoftware
22136000 USD
CY2021Q1 pycr Amortization Of Intangible Assets Excluding Capitalized Computer Software
AmortizationOfIntangibleAssetsExcludingCapitalizedComputerSoftware
31782000 USD
pycr Amortization Of Intangible Assets Excluding Capitalized Computer Software
AmortizationOfIntangibleAssetsExcludingCapitalizedComputerSoftware
79548000 USD
pycr Amortization Of Intangible Assets Excluding Capitalized Computer Software
AmortizationOfIntangibleAssetsExcludingCapitalizedComputerSoftware
93553000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
21976000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
87162000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
81692000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
30890000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7043000 USD
CY2022Q1 pycr Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
51651000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
280414000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
0 USD
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
0 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
0 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
49100000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
49100000 USD
CY2021Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4600000 USD
CY2021Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
44500000 USD
us-gaap Legal Fees
LegalFees
35000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
100000 USD
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2020Q3 pycr Redeemable Noncontrolling Interest Equity Preferred Dividend Payment In Cash Percentage
RedeemableNoncontrollingInterestEquityPreferredDividendPaymentInCashPercentage
0.50
CY2020Q3 pycr Redeemable Noncontrolling Interest Equity Preferred Dividend In Kind Percentage
RedeemableNoncontrollingInterestEquityPreferredDividendInKindPercentage
0.50
CY2021Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
248423000 USD
us-gaap Temporary Equity Accretion Of Interest
TemporaryEquityAccretionOfInterest
11621000 USD
CY2022Q1 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
260044000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
90020000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
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1882000 USD
CY2021Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
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1517.18
CY2022Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 USD
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
141097740 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
180005000 USD
CY2020Q4 us-gaap Preferred Stock Liquidation Preference
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35000
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CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
10620260 shares
CY2020Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
23.07
CY2020Q4 pycr Payments For Repurchase Of Common Stock Excluding Stock Repurchase Costs
PaymentsForRepurchaseOfCommonStockExcludingStockRepurchaseCosts
245000000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16294000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55321000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5378000 USD
CY2018Q4 pycr Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights Number Of Installments
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRightsNumberOfInstallments
12 installment
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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0 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2021Q2 pycr Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1143759 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
23.09
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.40
pycr Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm
P9Y3M18D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
pycr Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
46741 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
23.00
pycr Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageGrantDateFairValue
9.36
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1097018 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.10
CY2022Q1 pycr Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
9.40
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y3M18D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6650000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2022Q1 pycr Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
0
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.425
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y10M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16698000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18440000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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-95819000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-64110000 USD
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174819649 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174819649 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141097740 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141097740 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171881617 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171881617 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148113313 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148113313 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
CY2022Q1 pycr Gain Loss On Lease Exit
GainLossOnLeaseExit
-9055000 USD
pycr Gain Loss On Lease Exit
GainLossOnLeaseExit
-9055000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4910000 USD
CY2022Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
3250000 USD
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
7395000 USD
CY2022Q1 us-gaap Restructuring Reserve Current
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3756000 USD
CY2022Q1 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
3639000 USD
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
7395000 USD

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