$QMCO
QUANTUM CORP /DE/

2020 Q3 Form 10-Q Financial Statement

#000070928320000036 Filed on October 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $85.82M $105.8M $105.6M
YoY Change -18.88% 17.66% -1.75%
Cost Of Revenue $47.09M $62.27M $59.79M
YoY Change -24.38% 14.49% -2.26%
Gross Profit $38.73M $43.52M $45.83M
YoY Change -11.0% 22.51% -1.11%
Gross Profit Margin 45.13% 41.14% 43.38%
Selling, General & Admin $23.42M $29.15M $34.43M
YoY Change -19.68% -5.21% -10.6%
% of Gross Profit 60.45% 66.98% 75.14%
Research & Development $10.23M $9.350M $8.383M
YoY Change 9.44% 18.93% 1.48%
% of Gross Profit 26.42% 21.48% 18.29%
Depreciation & Amortization $1.300M $1.000M $1.021M
YoY Change 30.0% -9.09% -7.6%
% of Gross Profit 3.36% 2.3% 2.23%
Operating Expenses $35.23M $39.32M $43.08M
YoY Change -10.4% 1.06% -15.01%
Operating Profit $3.500M $4.199M $2.748M
YoY Change -16.65% -224.12% -163.25%
Interest Expense $7.578M $6.347M $6.306M
YoY Change 19.39% 36.91% 60.25%
% of Operating Profit 216.51% 151.16% 229.48%
Other Income/Expense, Net -$312.0K $76.00K $89.00K
YoY Change -510.53% -138.78% -59.55%
Pretax Income -$4.390M -$2.072M -$3.469M
YoY Change 111.87% -89.96% -56.96%
Income Tax $202.0K $243.0K $338.0K
% Of Pretax Income
Net Earnings -$4.592M -$2.315M -$3.807M
YoY Change 98.36% -89.29% -49.14%
Net Earnings / Revenue -5.35% -2.19% -3.6%
Basic Earnings Per Share -$0.11
Diluted Earnings Per Share -$0.11 -$63.36K -$105.6K
COMMON SHARES
Basic Shares Outstanding 40.29M shares 36.18M
Diluted Shares Outstanding 40.29M shares

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.50M $6.000M $10.80M
YoY Change 108.33% 5.26%
Cash & Equivalents $12.52M $6.000M $10.81M
Short-Term Investments
Other Short-Term Assets $8.330M $9.840M $18.31M
YoY Change -15.35% -12.85% 61.31%
Inventory $59.10M $40.90M $43.60M
Prepaid Expenses $4.688M
Receivables $62.71M $71.39M $67.33M
Other Receivables $0.00 $0.00 $9.000M
Total Short-Term Assets $143.4M $129.0M $141.1M
YoY Change 11.16% -7.26% -8.56%
LONG-TERM ASSETS
Property, Plant & Equipment $9.655M $8.606M $8.003M
YoY Change 12.19% -3.57% -14.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.585M $3.678M $6.092M
YoY Change 24.66% -39.9% -28.33%
Total Long-Term Assets $29.84M $29.22M $31.02M
YoY Change 2.12% 94.2% 35.04%
TOTAL ASSETS
Total Short-Term Assets $143.4M $129.0M $141.1M
Total Long-Term Assets $29.84M $29.22M $31.02M
Total Assets $173.3M $158.3M $172.1M
YoY Change 9.49% 2.64% -2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.83M $39.35M $39.99M
YoY Change -3.86% -12.59% -22.51%
Accrued Expenses $32.60M $34.10M $29.67M
YoY Change -4.4% 16.98% 28.38%
Deferred Revenue $73.10M $76.58M
YoY Change -4.54%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.388M $1.650M $1.650M
YoY Change -15.88% -98.71%
Total Short-Term Liabilities $145.0M $151.7M $168.2M
YoY Change -4.45% -51.17% -14.03%
LONG-TERM LIABILITIES
Long-Term Debt $171.0M $153.6M $146.1M
YoY Change 11.33% 20.46% 1523.58%
Other Long-Term Liabilities $11.20M $11.23M $11.60M
YoY Change -0.32% 6.33% -1.89%
Total Long-Term Liabilities $11.20M $11.23M $157.7M
YoY Change -0.32% -91.86% 657.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $145.0M $151.7M $168.2M
Total Long-Term Liabilities $11.20M $11.23M $157.7M
Total Liabilities $369.5M $361.4M $374.6M
YoY Change 2.26% 1.55% 4.45%
SHAREHOLDERS EQUITY
Retained Earnings -$718.5M -$704.1M -$701.8M
YoY Change 2.05% 2.9% 5.9%
Common Stock $522.8M $502.8M $360.0K
YoY Change 3.98% 3.91% -99.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$196.2M -$203.1M -$202.5M
YoY Change
Total Liabilities & Shareholders Equity $173.3M $158.3M $172.1M
YoY Change 9.49% 2.64% -2.91%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$4.592M -$2.315M -$3.807M
YoY Change 98.36% -89.29% -49.14%
Depreciation, Depletion And Amortization $1.300M $1.000M $1.021M
YoY Change 30.0% -9.09% -7.6%
Cash From Operating Activities -$10.30M -$10.60M $903.0K
YoY Change -2.83% -10700.0% -64.64%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K -$900.0K $444.0K
YoY Change 0.0% 50.0% -36.12%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$900.0K -$900.0K -$444.0K
YoY Change 0.0% 0.0% 19.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 600.0K 6.400M -$413.0K
YoY Change -90.63% -272.97% -85.63%
NET CHANGE
Cash From Operating Activities -10.30M -10.60M $903.0K
Cash From Investing Activities -900.0K -900.0K -$444.0K
Cash From Financing Activities 600.0K 6.400M -$413.0K
Net Change In Cash -10.60M -5.100M -$7.000K
YoY Change 107.84% 13.33% -99.08%
FREE CASH FLOW
Cash From Operating Activities -$10.30M -$10.60M $903.0K
Capital Expenditures -$900.0K -$900.0K $444.0K
Free Cash Flow -$9.400M -$9.700M $459.0K
YoY Change -3.09% -1485.71% -75.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
QUANTUM CORP /DE/
dei Entity Central Index Key
EntityCentralIndexKey
0000709283
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2020Q3 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
CY2020Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-13449
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
94-2665054
dei Entity Address Address Line1
EntityAddressAddressLine1
224 Airport Parkway
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 550
dei Entity Address City Or Town
EntityAddressCityOrTown
San Jose
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
95110
dei City Area Code
CityAreaCode
(408)
dei Local Phone Number
LocalPhoneNumber
944-4000
dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value per share
dei Trading Symbol
TradingSymbol
QMCO
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40740212 shares
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12517000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6440000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
792000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
830000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1399000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1247000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
62712000 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
70370000 USD
CY2020Q3 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
35882000 USD
CY2020Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
29196000 USD
CY2020Q3 qtm Service Parts Inventories
ServicePartsInventories
23211000 USD
CY2020Q1 qtm Service Parts Inventories
ServicePartsInventories
20502000 USD
CY2020Q3 us-gaap Other Assets Current
OtherAssetsCurrent
8330000 USD
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
8489000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
143444000 USD
CY2020Q1 us-gaap Assets Current
AssetsCurrent
135827000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9655000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9046000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10597000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10597000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12689000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4585000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3433000 USD
CY2020Q3 us-gaap Assets
Assets
173281000 USD
CY2020Q1 us-gaap Assets
Assets
165995000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
37834000 USD
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
36949000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
73101000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
81492000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1388000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
7321000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17878000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14957000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
14750000 USD
CY2020Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17535000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
144951000 USD
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
158254000 USD
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
33249000 USD
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
37443000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
171010000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
146847000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9114000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9114000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10822000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11197000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11154000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
369521000 USD
CY2020Q1 us-gaap Liabilities
Liabilities
364520000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2020Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40740000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40740000 shares
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39905000 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39905000 shares
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
408000 USD
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
399000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
522357000 USD
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
505762000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-718492000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-703164000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-513000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1522000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-196240000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-198525000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
173281000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
165995000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
85821000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105789000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159126000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211419000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
47087000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
62266000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
89540000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
122070000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
122070000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
38734000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
43523000 USD
us-gaap Gross Profit
GrossProfit
69586000 USD
us-gaap Gross Profit
GrossProfit
89349000 USD
us-gaap Gross Profit
GrossProfit
89349000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10233000 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9350000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24723000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24723000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17733000 USD
CY2020Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13153000 USD
CY2019Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
14824000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21825000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21825000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
30680000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10263000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14329000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20395000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20395000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32905000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1585000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
821000 USD
us-gaap Restructuring Charges
RestructuringCharges
2637000 USD
us-gaap Restructuring Charges
RestructuringCharges
2637000 USD
us-gaap Restructuring Charges
RestructuringCharges
1084000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
35234000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
39324000 USD
us-gaap Operating Expenses
OperatingExpenses
69580000 USD
us-gaap Operating Expenses
OperatingExpenses
69580000 USD
us-gaap Operating Expenses
OperatingExpenses
82402000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3500000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4199000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6947000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-312000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-312000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
76000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-697000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
165000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
7578000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
7578000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
6347000 USD
us-gaap Interest Expense
InterestExpense
14015000 USD
us-gaap Interest Expense
InterestExpense
12653000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4390000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2072000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14706000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5541000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
202000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
202000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
243000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
622000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
622000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
581000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4592000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-2315000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6122000 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.38
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
40286000 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
36297000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
40097000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
36172000 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4592000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-2315000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6122000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
722000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-474000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1009000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1009000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1009000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-390000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3870000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2789000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14319000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14319000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14319000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6512000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6122000 USD
us-gaap Depreciation
Depreciation
2580000 USD
us-gaap Depreciation
Depreciation
2034000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3015000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2008000 USD
qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
167000 USD
qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
0 USD
qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
3588000 USD
qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
3442000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4549000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3352000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
90000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
199000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1193000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
99000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7568000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15239000 USD
qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
8858000 USD
qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
5799000 USD
qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
4333000 USD
qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
1180000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1601000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1478000 USD
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
240000 USD
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-2576000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2922000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2111000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-12584000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-15582000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5694000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3939000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19299000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9656000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1434000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1315000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1434000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1315000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
19400000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
825000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
140987000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
172119000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
144058000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
165143000 USD
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
10000000 USD
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
171000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
539000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
26868000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5980000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-96000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6039000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4919000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12270000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16855000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18309000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11936000 USD
us-gaap Interest Paid Net
InterestPaidNet
14181000 USD
us-gaap Interest Paid Net
InterestPaidNet
10567000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1578000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-51000 USD
us-gaap Contribution Of Property
ContributionOfProperty
207000 USD
us-gaap Contribution Of Property
ContributionOfProperty
169000 USD
qtm Litigation Settlement Paid With Insurance Proceeds
LitigationSettlementPaidWithInsuranceProceeds
0 USD
qtm Litigation Settlement Paid With Insurance Proceeds
LitigationSettlementPaidWithInsuranceProceeds
8950000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12517000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6000000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
792000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
936000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18309000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11936000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-202516000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-2315000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-474000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-170000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2365000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
-203110000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-195501000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-4592000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
722000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
539000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2592000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-196240000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-199780000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6122000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-390000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-170000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3352000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
-203110000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-198525000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15328000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1009000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
539000 USD
qtm Adjustments To Additional Paid In Capital Warrant Issued Related To Debt
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedRelatedToDebt
11515000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4550000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-196240000 USD
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesCompany management has made estimates and assumptions relating to the reporting of certain assets and liabilities in conformity with GAAP. These estimates and assumptions have been applied using methodologies that are consistent throughout the periods presented with consideration given to the potential impacts of COVID-19 pandemic. However, actual results could differ materially from these estimates and be significantly affected by the severity and duration of the pandemic, the extent of actions to contain or treat COVID-19, how quickly and to what extent normal economic and operating activity can resume, and the severity and duration of the global economic downturn that may result from the pandemic.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
85821000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105789000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159126000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211419000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
106350000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
51542000 USD
CY2020Q3 qtm Remaining Performance Obligation Current
RemainingPerformanceObligationCurrent
86653000 USD
CY2020Q3 qtm Remaining Performance Obligation Noncurrent
RemainingPerformanceObligationNoncurrent
42598000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
129251000 USD
CY2020Q1 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
4657000 USD
CY2020Q3 qtm Service Parts Inventories
ServicePartsInventories
23211000 USD
CY2020Q1 qtm Service Parts Inventories
ServicePartsInventories
20502000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1388000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
7321000 USD
CY2020Q3 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
22810000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
20509000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
16294000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2833000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1001000 USD
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
12540000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11901000 USD
CY2020Q3 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
35882000 USD
CY2020Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
29196000 USD
CY2020Q3 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
17924000 USD
CY2020Q1 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
15845000 USD
CY2020Q3 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
5287000 USD
CY2020Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
13660000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
171010000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
146847000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000.0 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10597000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10597000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12689000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2720000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3065000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9114000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9114000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10822000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11834000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13887000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
1480000 USD
us-gaap Lease Cost
LeaseCost
3184000 USD
us-gaap Lease Cost
LeaseCost
2819000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1338000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1304000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
2669000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
2576000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
211000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
147000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
423000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
212000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
29000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
92000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
31000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
1588000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2099000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3813000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2763000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2598000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2310000 USD
CY2020Q3 qtm Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
2935000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16518000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4684000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11834000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M25D
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y11M26D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1396
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1391
us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 USD
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
us-gaap Restructuring Charges
RestructuringCharges
2637000 USD
us-gaap Restructuring Charges
RestructuringCharges
2637000 USD
us-gaap Restructuring Charges
RestructuringCharges
2637000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
2397000 USD
CY2020Q3 us-gaap Restructuring Reserve
RestructuringReserve
240000 USD
CY2019Q1 us-gaap Restructuring Reserve
RestructuringReserve
2876000 USD
qtm Restructuring Charges Excluding Adjustments
RestructuringChargesExcludingAdjustments
826000 USD
qtm Restructuring Adjustments
RestructuringAdjustments
258000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
3661000 USD
CY2019Q3 us-gaap Restructuring Reserve
RestructuringReserve
299000 USD
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8020000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8625000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7180000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6860000 shares
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.046
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.042
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.117
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.105
CY2020Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
109800000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
91500000 USD
CY2020Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
1200000 USD
CY2020Q3 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
9200000 USD
CY2020Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
21300000 USD

Files In Submission

Name View Source Status
0000709283-20-000036-index-headers.html Edgar Link pending
0000709283-20-000036-index.html Edgar Link pending
0000709283-20-000036.txt Edgar Link pending
0000709283-20-000036-xbrl.zip Edgar Link pending
exhibit311q221.htm Edgar Link pending
exhibit312q221.htm Edgar Link pending
exhibit321q221.htm Edgar Link pending
exhibit322q221.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
qtm-20200930.htm Edgar Link pending
qtm-20200930.xsd Edgar Link pending
qtm-20200930_cal.xml Edgar Link unprocessable
qtm-20200930_def.xml Edgar Link unprocessable
qtm-20200930_g1.jpg Edgar Link pending
qtm-20200930_htm.xml Edgar Link completed
qtm-20200930_lab.xml Edgar Link unprocessable
qtm-20200930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending