2022 Q3 Form 10-K Financial Statement

#000183943922000021 Filed on August 24, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $118.3M $111.0M $429.4M
YoY Change 27.58% 26.11% 21.72%
Cost Of Revenue $43.19M $40.34M $168.2M
YoY Change -5.32% -3.91% 8.87%
Gross Profit $75.12M $70.65M $261.2M
YoY Change 59.42% 53.49% 31.73%
Gross Profit Margin 63.5% 63.66% 60.83%
Selling, General & Admin $96.11M $65.99M $357.7M
YoY Change 7.74% 44.05% 42.16%
% of Gross Profit 127.94% 93.4% 136.94%
Research & Development $12.40M $13.02M $43.14M
YoY Change 21.7% 37.41% 19.77%
% of Gross Profit 16.51% 18.43% 16.52%
Depreciation & Amortization $1.200M $29.80M $6.457M
YoY Change -30.15% -21.86% -7.05%
% of Gross Profit 1.6% 42.18% 2.47%
Operating Expenses $108.5M $100.1M $400.8M
YoY Change 9.17% 32.44% 39.36%
Operating Profit -$33.39M -$29.47M -$139.6M
YoY Change -36.12% -0.33% 56.29%
Interest Expense $1.087M -$93.00K $541.0K
YoY Change 362.55% -86.6% -78.71%
% of Operating Profit
Other Income/Expense, Net $445.0K $35.00M $1.570M
YoY Change -63.64% 7591.21% -210.56%
Pretax Income -$34.03M -$30.19M -$138.6M
YoY Change -33.63% -13.1% 48.55%
Income Tax -$4.980M -$6.370M -$30.57M
% Of Pretax Income
Net Earnings -$29.05M -$23.82M -$119.6M
YoY Change -45.86% -27.4% 23.44%
Net Earnings / Revenue -24.56% -21.46% -27.86%
Basic Earnings Per Share -$0.17 -$0.69
Diluted Earnings Per Share -$0.17 -$136.2K -$0.69
COMMON SHARES
Basic Shares Outstanding 175.6M shares 174.9M shares 172.6M shares
Diluted Shares Outstanding 175.5M shares 172.6M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $98.16M $133.0M $133.0M
YoY Change -21.96% 4950.91% 4950.91%
Cash & Equivalents $98.16M $133.0M $133.0M
Short-Term Investments
Other Short-Term Assets $2.490M $1.874M $1.765B
YoY Change 59.72% 23.61% 151.09%
Inventory
Prepaid Expenses $10.95M $9.421M
Receivables $23.36M $21.51M $21.51M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.110B $1.920B $1.920B
YoY Change -36.94% 165.85% 165.85%
LONG-TERM ASSETS
Property, Plant & Equipment $30.79M $31.68M $31.68M
YoY Change -23.13% -22.89% -22.89%
Goodwill $749.2M $750.2M
YoY Change -0.16% -0.09%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.662M $1.179M $126.9M
YoY Change -90.94% -93.96% 14.92%
Total Long-Term Assets $1.304B $1.212B $1.212B
YoY Change 2.99% -5.98% -5.98%
TOTAL ASSETS
Total Short-Term Assets $1.110B $1.920B $1.920B
Total Long-Term Assets $1.304B $1.212B $1.212B
Total Assets $2.413B $3.131B $3.131B
YoY Change -20.23% 55.71% 55.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.51M $13.95M $13.95M
YoY Change 20.98% 16.42% 16.42%
Accrued Expenses $44.71M $58.50M $58.22M
YoY Change 18.04% 21.65% 21.06%
Deferred Revenue $11.33M $11.74M
YoY Change 4.73% -1.72%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $287.0K $0.00 $283.0K
YoY Change
Total Short-Term Liabilities $1.010B $1.803B $1.803B
YoY Change -38.36% 143.03% 143.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $629.0K
YoY Change -100.0% -98.72%
Other Long-Term Liabilities $79.58M $11.46M $10.83M
YoY Change 443.58% -31.31% -35.08%
Total Long-Term Liabilities $79.58M $11.46M $11.46M
YoY Change 443.58% -82.58% -82.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.010B $1.803B $1.803B
Total Long-Term Liabilities $79.58M $11.46M $11.46M
Total Liabilities $1.139B $1.847B $1.847B
YoY Change -33.94% 108.92% 63.08%
SHAREHOLDERS EQUITY
Retained Earnings -$424.4M -$395.4M
YoY Change 28.85% 43.39%
Common Stock $176.0K $175.0K
YoY Change 1.15% 24.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $245.1M $245.1M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $1.274B $1.285B $1.285B
YoY Change
Total Liabilities & Shareholders Equity $2.413B $3.131B $3.131B
YoY Change -20.23% 55.71% 55.71%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$29.05M -$23.82M -$119.6M
YoY Change -45.86% -27.4% 23.44%
Depreciation, Depletion And Amortization $1.200M $29.80M $6.457M
YoY Change -30.15% -21.86% -7.05%
Cash From Operating Activities -$24.10M $12.72M $24.35M
YoY Change 39.76% -182.51% 126.04%
INVESTING ACTIVITIES
Capital Expenditures $331.0K -$13.32M $1.986M
YoY Change -58.78% 72.22% -40.45%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$104.8M $5.658M -$42.06M
YoY Change -3311.4% -646.14% 133.34%
Cash From Investing Activities -$119.0M -$7.663M -$84.55M
YoY Change 2162.46% -12.63% 60.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$772.6M -166.9M $1.183B
YoY Change -173.44% 13.72% 2038.68%
NET CHANGE
Cash From Operating Activities -$24.10M 12.72M $24.35M
Cash From Investing Activities -$119.0M -7.663M -$84.55M
Cash From Financing Activities -$772.6M -166.9M $1.183B
Net Change In Cash -$915.7M -161.8M $1.123B
YoY Change -188.94% -5.33% 8186.03%
FREE CASH FLOW
Cash From Operating Activities -$24.10M $12.72M $24.35M
Capital Expenditures $331.0K -$13.32M $1.986M
Free Cash Flow -$24.43M $26.04M $22.37M
YoY Change 35.37% -438.99% 200.69%

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-0.59
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172636523 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172636523 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146364225 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146364225 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
151718000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
151718000 shares
CY2022 us-gaap Profit Loss
ProfitLoss
-108017000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-72482000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-67303000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-297000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
425000 usd
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 usd
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2683000 usd
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-43000 usd
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
104000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2980000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
382000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
104000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-110997000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-72100000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-67199000 usd
CY2022 pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
11621000 usd
CY2021 pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
24438000 usd
CY2020 pycr Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
22890000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-122618000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-96538000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1038570000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-90193000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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4906000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
104000 usd
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
62000 usd
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
953325000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-96920000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4172000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
382000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
262772000 usd
CY2021 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
245074000 usd
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
18000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
878639000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-119638000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
71376000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
454147000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
3187000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2980000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1284731000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-108017000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-72482000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-67303000 usd
CY2022 us-gaap Depreciation
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6457000 usd
CY2021 us-gaap Depreciation
Depreciation
6947000 usd
CY2020 us-gaap Depreciation
Depreciation
5462000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
124016000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
139354000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
127755000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
31471000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
19501000 usd
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
10206000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
71376000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
4172000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
4906000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
88000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
637000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
620000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-30940000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-21022000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-20181000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2085000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1791000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1812000 usd
CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
2000 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
127000 usd
CY2020 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
2513000 usd
CY2022 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
1359000 usd
CY2021 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
0 usd
CY2020 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
0 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-309000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
755000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
0 usd
CY2022 pycr Gain Loss On Lease Exit Including Accretion Expense
GainLossOnLeaseExitIncludingAccretionExpense
-9112000 usd
CY2021 pycr Gain Loss On Lease Exit Including Accretion Expense
GainLossOnLeaseExitIncludingAccretionExpense
0 usd
CY2020 pycr Gain Loss On Lease Exit Including Accretion Expense
GainLossOnLeaseExitIncludingAccretionExpense
0 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-138000 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1806000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
6240000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7133000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7731000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2584000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3193000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-962000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1238000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-448000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1726000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
240000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2015000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-244000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1407000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
12195000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5430000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-13973000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1077000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1350000 usd
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
5500000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-5954000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1428000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
8808000 usd
CY2022 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
79562000 usd
CY2021 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
62962000 usd
CY2020 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
51778000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24351000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10773000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
211473000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
237054000 usd
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
571385000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
166372000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
235768000 usd
CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
722588000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1986000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3335000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7833000 usd
CY2022 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
3040000 usd
CY2021 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
0 usd
CY2020 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
0 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9706000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9252000 usd
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2995000 usd
CY2022 us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
0 usd
CY2021 us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
16740000 usd
CY2020 us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
30797000 usd
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
21968000 usd
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
18846000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84550000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52581000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
121529000 usd
CY2022 us-gaap Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
-1037543000 usd
CY2021 us-gaap Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
-25983000 usd
CY2020 us-gaap Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
29803000 usd
CY2022 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 usd
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 usd
CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
63000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
3000000 usd
CY2020 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2022 pycr Payment Of Deferred Consideration
PaymentOfDeferredConsideration
2752000 usd
CY2021 pycr Payment Of Deferred Consideration
PaymentOfDeferredConsideration
0 usd
CY2020 pycr Payment Of Deferred Consideration
PaymentOfDeferredConsideration
0 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
64989000 usd
CY2020 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
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CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
64989000 usd
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3500000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
107020000 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
114127000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
52600000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
62921000 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
109126000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
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CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
25000000 usd
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
20000000 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
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323000 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
44517000 usd
CY2020 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
15886000 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
262772000 usd
CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
245074000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
454915000 usd
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
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CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
260044000 usd
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
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CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3187000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
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CY2020 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
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CY2021 us-gaap Payments Of Dividends Minority Interest
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CY2022 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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1183031000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
55316000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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91000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
44000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1122923000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13552000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
100737000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
560000000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
546448000 usd
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
445711000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1682923000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
560000000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
546448000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
129000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1032000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
154000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1347000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
823000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133041000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q2 us-gaap Restricted Cash And Investments
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CY2020Q2 us-gaap Restricted Cash And Investments
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FundsHeldForClientsCash
1549882000 usd
CY2021Q2 pycr Funds Held For Clients Cash
FundsHeldForClientsCash
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CY2020Q2 pycr Funds Held For Clients Cash
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1682923000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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560000000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q3 us-gaap Deferred Offering Costs
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CY2021 us-gaap Impairment Of Intangible Assets Finitelived
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CY2020 us-gaap Impairment Of Intangible Assets Finitelived
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CY2022 us-gaap Use Of Estimates
UseOfEstimates
Use of estimates The preparation of 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.
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of risk </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company regularly maintains deposits in banks which may, at times, exceed amounts covered by insurance provided by the U.S. Federal Deposit Insurance Corporation (“FDIC”). The Company mitigates exposure to credit risk by placing cash and cash equivalents with highly rated financial institutions. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on its cash and cash equivalents. No individual client represents more than 1% of total revenues. The majority of all revenues are generated by clients in the United States.</span></div>
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CY2022 us-gaap Tangible Asset Impairment Charges
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CY2021 us-gaap Tangible Asset Impairment Charges
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22130000 usd
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CY2021 us-gaap Capitalized Computer Software Additions
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CY2021 us-gaap Research And Development Expense
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350956000 usd
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CY2022Q2 pycr Implementation Fee Recognition Period
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CY2022 pycr Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
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CY2021 pycr Contract With Customer Liability Deferral Of Revenue
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CY2021Q2 us-gaap Contract With Customer Liability
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44609000 usd
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CY2020 us-gaap Allocated Share Based Compensation Expense
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CY2022Q2 pycr Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2022Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
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3432000 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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CY2022Q2 pycr Operating Loss Carryforwards Not Subject To Expiration
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