2022 Q1 Form 10-K Financial Statement

#000070928322000019 Filed on June 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q3
Revenue $95.20M $372.8M $93.18M
YoY Change 3.03% 6.65% 8.57%
Cost Of Revenue $59.05M $225.8M $54.79M
YoY Change 10.37% 13.56% 16.37%
Gross Profit $36.16M $147.0M $38.39M
YoY Change -7.05% -2.47% -0.9%
Gross Profit Margin 37.98% 39.44% 41.2%
Selling, General & Admin $28.26M $108.2M $26.93M
YoY Change 17.73% 11.62% 15.0%
% of Gross Profit 78.14% 73.6% 70.15%
Research & Development $13.53M $51.81M $12.39M
YoY Change 15.6% 24.24% 21.07%
% of Gross Profit 37.41% 35.24% 32.27%
Depreciation & Amortization $2.623M $9.400M $2.158M
YoY Change 45.72% 64.91% 66.0%
% of Gross Profit 7.25% 6.39% 5.62%
Operating Expenses $41.78M $160.9M $39.33M
YoY Change 17.03% 13.01% 11.61%
Operating Profit -$5.622M -$13.84M -$938.0K
YoY Change -275.69% -264.7% -126.8%
Interest Expense -$2.501M $11.89M $3.070M
YoY Change -56.12% -56.81% -59.49%
% of Operating Profit
Other Income/Expense, Net -$28.00K -$251.0K $126.0K
YoY Change -128.0% -80.87% -140.38%
Pretax Income -$8.151M -$30.94M -$8.842M
YoY Change -54.97% -12.16% 101.41%
Income Tax -$337.0K $1.341M $411.0K
% Of Pretax Income
Net Earnings -$7.814M -$32.28M -$9.253M
YoY Change -55.35% -8.97% 101.5%
Net Earnings / Revenue -8.21% -8.66% -9.93%
Basic Earnings Per Share -$0.55 -$0.16
Diluted Earnings Per Share -$129.6K -$0.55 -$0.16
COMMON SHARES
Basic Shares Outstanding 60.12M shares 58.87M shares 58.57M shares
Diluted Shares Outstanding 58.87M shares 58.57M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.210M $5.210M $22.76M
YoY Change -80.99% -80.99% 82.06%
Cash & Equivalents $5.210M $5.210M $22.76M
Short-Term Investments
Other Short-Term Assets $4.697M $12.83M $11.45M
YoY Change 54.2% 68.86% 37.47%
Inventory $57.80M $57.80M $52.41M
Prepaid Expenses $7.853M
Receivables $69.35M $69.35M $63.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $145.2M $145.2M $150.2M
YoY Change -6.96% -6.98% 4.69%
LONG-TERM ASSETS
Property, Plant & Equipment $12.85M $23.96M $12.30M
YoY Change 27.88% 23.51% 27.34%
Goodwill $13.00M $9.503M
YoY Change 275.07%
Intangibles $9.584M $9.132M
YoY Change 90.27%
Long-Term Investments
YoY Change
Other Assets $9.925M $9.925M $8.684M
YoY Change 67.62% -8.94% 89.4%
Total Long-Term Assets $56.44M $56.44M $48.29M
YoY Change 45.24% 45.46% 61.85%
TOTAL ASSETS
Total Short-Term Assets $145.2M $145.2M $150.2M
Total Long-Term Assets $56.44M $56.44M $48.29M
Total Assets $201.6M $201.6M $198.5M
YoY Change 3.44% 3.46% 14.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.22M $34.22M $36.99M
YoY Change -2.91% -2.78% -2.23%
Accrued Expenses $16.56M $28.11M $18.75M
YoY Change -11.69% -19.91% -42.48%
Deferred Revenue $86.52M $78.11M
YoY Change 2.96% 6.85%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.375M $4.375M $3.125M
YoY Change 136.49% 130.26% 125.14%
Total Short-Term Liabilities $157.8M $157.8M $152.4M
YoY Change -0.8% -0.81% 5.16%
LONG-TERM LIABILITIES
Long-Term Debt $107.2M $107.2M $101.4M
YoY Change 17.91% 17.91% -40.72%
Other Long-Term Liabilities $11.85M $63.32M $13.07M
YoY Change -9.26% 10.7% 16.75%
Total Long-Term Liabilities $11.85M $170.5M $13.07M
YoY Change -9.26% 15.13% 16.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $157.8M $157.8M $152.4M
Total Long-Term Liabilities $11.85M $170.5M $13.07M
Total Liabilities $328.3M $328.3M $314.5M
YoY Change 6.89% 6.87% -14.9%
SHAREHOLDERS EQUITY
Retained Earnings -$770.9M -$752.0M
YoY Change 4.37% 4.67%
Common Stock $645.6M $637.1M
YoY Change 2.93% 21.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$126.7M -$126.7M -$116.0M
YoY Change
Total Liabilities & Shareholders Equity $201.6M $201.6M $198.5M
YoY Change 3.44% 3.46% 14.53%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q3
OPERATING ACTIVITIES
Net Income -$7.814M -$32.28M -$9.253M
YoY Change -55.35% -8.97% 101.5%
Depreciation, Depletion And Amortization $2.623M $9.400M $2.158M
YoY Change 45.72% 64.91% 66.0%
Cash From Operating Activities -$7.047M -$33.70M -$8.396M
YoY Change -136.14% 4112.5% -18.49%
INVESTING ACTIVITIES
Capital Expenditures -$2.345M $6.316M -$1.246M
YoY Change 6.59% -8.87% 38.44%
Acquisitions $7.808M
YoY Change 194.09%
Other Investing Activities $0.00 -$7.808M -$5.000M
YoY Change -100.0% 189.19%
Cash From Investing Activities -$2.345M -$14.12M -$6.246M
YoY Change 1.96% 47.34% 594.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.762M
YoY Change 31.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.51M $20.16M 13.18M
YoY Change -800.73% -35.66% 2096.5%
NET CHANGE
Cash From Operating Activities -7.047M -$33.70M -8.396M
Cash From Investing Activities -2.345M -$14.12M -6.246M
Cash From Financing Activities 10.51M $20.16M 13.18M
Net Change In Cash 1.119M -$27.64M -1.463M
YoY Change -92.87% -232.48% -86.2%
FREE CASH FLOW
Cash From Operating Activities -$7.047M -$33.70M -$8.396M
Capital Expenditures -$2.345M $6.316M -$1.246M
Free Cash Flow -$4.702M -$40.02M -$7.150M
YoY Change -121.67% 417.6% -23.94%

Facts In Submission

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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5322000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32280000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35459000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-5210000 USD
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9418000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5697000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4287000 USD
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2414000 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6301000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4017000 USD
CY2022 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
8471000 USD
CY2021 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
167000 USD
CY2020 qtm Long Term Debt Restatement Costs
LongTermDebtRestatementCosts
0 USD
CY2022 qtm Debt Interest Payment Paid In Kind
DebtInterestPaymentPaidInKind
0 USD
CY2021 qtm Debt Interest Payment Paid In Kind
DebtInterestPaymentPaidInKind
0 USD
CY2020 qtm Debt Interest Payment Paid In Kind
DebtInterestPaymentPaidInKind
1858000 USD
CY2022 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
5740000 USD
CY2021 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
6334000 USD
CY2020 qtm Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
6255000 USD
CY2022 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
10000000 USD
CY2021 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
0 USD
CY2020 qtm Gain Loss On Loan Forgiveness
GainLossOnLoanForgiveness
0 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1200000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32300000 USD
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13829000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
9624000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
6748000 USD
CY2022 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
0 USD
CY2021 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-577000 USD
CY2020 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
0 USD
CY2022 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 USD
CY2021 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
-10087000 USD
CY2020 qtm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 USD
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-832000 USD
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
704000 USD
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1807000 USD
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3651000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1625000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15237000 USD
CY2022 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
12069000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35500000 USD
CY2021 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
-924000 USD
CY2020 qtm Increase Decrease In Manufacturing Inventories Net
IncreaseDecreaseInManufacturingInventoriesNet
11092000 USD
CY2022 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
4400000 USD
CY2021 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
5879000 USD
CY2020 qtm Increase Decrease In Service Parts Inventories Net
IncreaseDecreaseInServicePartsInventoriesNet
3817000 USD
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1939000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1994000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-768000 USD
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2514000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
418000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-11334000 USD
CY2022 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-580000 USD
CY2021 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
580000 USD
CY2020 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-2876000 USD
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-3073000 USD
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
4257000 USD
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2161000 USD
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6561000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2215000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-979000 USD
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3003000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2541000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5111000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33728000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-767000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1181000 USD
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6316000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6931000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2633000 USD
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7808000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2655000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1966000 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14124000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9586000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4599000 USD
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
94961000 USD
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
19400000 USD
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
94301000 USD
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
92782000 USD
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1238000 USD
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
309000000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
309920000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
331632000 USD
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
291265000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
313065000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
329012000 USD
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
CY2021 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
10000000 USD
CY2020 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
CY2022 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
0 USD
CY2021 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
96756000 USD
CY2020 qtm Proceeds From Issuance Shares Net Of Offering Cost
ProceedsFromIssuanceSharesNetOfOfferingCost
0 USD
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
236000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
171000 USD
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1762000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1335000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20157000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31328000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1211000 USD
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-108000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-16000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27644000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20867000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4585000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 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
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5493000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12270000 USD
CY2022 us-gaap Interest Paid Net
InterestPaidNet
9140000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
24324000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
16488000 USD
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
944000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2283000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-490000 USD
CY2022 us-gaap Contribution Of Property
ContributionOfProperty
818000 USD
CY2021 us-gaap Contribution Of Property
ContributionOfProperty
429000 USD
CY2020 us-gaap Contribution Of Property
ContributionOfProperty
400000 USD
CY2022 qtm Litigation Settlement Paid With Insurance Proceeds
LitigationSettlementPaidWithInsuranceProceeds
0 USD
CY2021 qtm Litigation Settlement Paid With Insurance Proceeds
LitigationSettlementPaidWithInsuranceProceeds
0 USD
CY2020 qtm Litigation Settlement Paid With Insurance Proceeds
LitigationSettlementPaidWithInsuranceProceeds
8950000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5210000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27430000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6440000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
283000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
707000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
830000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
5000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5493000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33137000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12270000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-199780000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-5210000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-112000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-171000 USD
CY2020 qtm Adjustments To Additional Paid In Capital Warrant Exercised Related To Debt
AdjustmentsToAdditionalPaidInCapitalWarrantExercisedRelatedToDebt
0 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6748000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-198525000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-35459000 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
666000 USD
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1335000 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-236000 USD
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2080000 USD
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
96755000 USD
CY2021 qtm Adjustments To Additional Paid In Capital Warrant Exercised Related To Debt
AdjustmentsToAdditionalPaidInCapitalWarrantExercisedRelatedToDebt
11515000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9624000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-112245000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-32280000 USD
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-567000 USD
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1762000 USD
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2818000 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13829000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-126683000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33700000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-800000 USD
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and accompanying notes. Actual results could differ from these estimates and assumptions due to risks and uncertainties, including uncertainty in the current economic environment from the ongoing COVID-19 pandemic. Such estimates include, but are not limited to, the determination of standalone selling price for revenue arrangements with multiple performance obligations, useful lives of intangible assets and property and equipment, stock-based compensation and provision for income taxes including related reserves. Management bases its estimates on historical experience and on various other assumptions which management believes to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.</span></div>
CY2022 qtm Product Revenue Performance Obligation Term
ProductRevenuePerformanceObligationTerm
P45D
CY2022Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3100000 USD
CY2021Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3100000 USD
CY2022 qtm Amortization Expense For Software Implementation Costs
AmortizationExpenseForSoftwareImplementationCosts
100000 USD
CY2021 qtm Amortization Expense For Software Implementation Costs
AmortizationExpenseForSoftwareImplementationCosts
0 USD
CY2022 us-gaap Advertising Expense
AdvertisingExpense
3500000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1500000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
3400000 USD
CY2022 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
7300000 USD
CY2021 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
9400000 USD
CY2020 qtm Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
9400000 USD
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company sells products to customers in a wide variety of industries on a worldwide basis. In countries or industries where the Company is exposed to material credit risk, the Company may require collateral, including cash deposits and letters of credit, prior to the completion of a transaction. The Company does not believe it has significant credit risk beyond that provided for in the consolidated financial statements in the ordinary course of business. During the fiscal years ended March 31, 2022, 2021 and 2020 no customers represented 10% or more of the Company’s total revenue. One customer comprised approximately 21% of accounts receivable as of March 31, 2022. Two customers comprised approximately 22% of accounts receivable as of March 31, 2021. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If the Company is unable to obtain adequate quantities of the inventory needed to sell its products, the Company could face costs increases or delays or discontinuations in product shipments, which could have a material adverse effect on the Company’s results of operations. In many cases, the Company’s chosen vendor may be the sole source of supply for the products or parts they manufacture, or services they provide, for the Company. Some of the products the Company purchases from these sources are proprietary or complex in nature, and therefore cannot be readily or easily replaced by alternative sources.</span></div>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q1 qtm Number Of Geographic Regions
NumberOfGeographicRegions
3 region
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12853000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10051000 USD
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1700000 USD
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000 USD
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2022 us-gaap Revenues
Revenues
372827000 USD
CY2021 us-gaap Revenues
Revenues
349576000 USD
CY2020 us-gaap Revenues
Revenues
402949000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
128097000 USD
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
83311000 USD
CY2022Q1 qtm Remaining Performance Obligation Current
RemainingPerformanceObligationCurrent
110029000 USD
CY2022Q1 qtm Remaining Performance Obligation Noncurrent
RemainingPerformanceObligationNoncurrent
43638000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
153667000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.716
CY2021Q3 us-gaap Goodwill
Goodwill
9503000 USD
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14607000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
12690000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2546000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2074000 USD
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
16393000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
9703000 USD
CY2022Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
33546000 USD
CY2021Q1 qtm Manufacturing Inventories Net
ManufacturingInventoriesNet
24467000 USD
CY2022Q1 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
19234000 USD
CY2021Q1 qtm Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
18773000 USD
CY2022Q1 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
5020000 USD
CY2021Q1 qtm Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
4648000 USD
CY2022Q1 qtm Service Parts Inventories
ServicePartsInventories
24254000 USD
CY2021Q1 qtm Service Parts Inventories
ServicePartsInventories
23421000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
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53698000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
46254000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40845000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36203000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
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12853000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
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10051000 USD
CY2022 us-gaap Depreciation Depletion And Amortization
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9400000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
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5700000 USD
CY2022Q1 us-gaap Long Term Debt Current
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CY2020 us-gaap Depreciation Depletion And Amortization
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4300000 USD
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13808000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
4224000 USD
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FiniteLivedIntangibleAssetsNet
9584000 USD
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5600000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
563000 USD
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FiniteLivedIntangibleAssetsNet
5037000 USD
CY2022 us-gaap Amortization Of Intangible Assets
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3700000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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100000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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0 USD
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P2Y4M24D
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4568000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3417000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1599000 USD
CY2022Q1 qtm Finite Lived Intangible Asset Expected Amortization After Year Three
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearThree
0 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
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9584000 USD
CY2021Q1 us-gaap Goodwill
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3466000 USD
CY2022 us-gaap Goodwill Acquired During Period
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9503000 USD
CY2022Q1 us-gaap Goodwill
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12969000 USD
CY2022Q1 qtm Accrued Expenses
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4984000 USD
CY2021Q1 qtm Accrued Expenses
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6799000 USD
CY2022Q1 us-gaap Asset Retirement Obligation Current
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4590000 USD
CY2021Q1 us-gaap Long Term Debt
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90890000 USD
CY2021Q1 qtm Debt Covenant Restricted Cash Reserve
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5000000 USD
CY2021Q1 us-gaap Asset Retirement Obligation Current
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2906000 USD
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1899000 USD
CY2021Q1 us-gaap Product Warranty Accrual Classified Current
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2383000 USD
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278000 USD
CY2021Q1 us-gaap Interest Payable Current
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57000 USD
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0 USD
CY2021Q1 us-gaap Restructuring Reserve Current
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580000 USD
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4811000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
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6029000 USD
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16562000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
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18754000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
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2383000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Current
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2668000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual Current
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3456000 USD
CY2022 us-gaap Standard Product Warranty Accrual Warranties Issued
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3717000 USD
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
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4699000 USD
CY2020 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3516000 USD
CY2022 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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-156000 USD
CY2021 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-472000 USD
CY2020 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-114000 USD
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4045000 USD
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4512000 USD
CY2020 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4190000 USD
CY2022Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
1899000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2383000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual Current
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2668000 USD
CY2021Q1 us-gaap Long Term Debt Current
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1850000 USD
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4899000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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9686000 USD
CY2022Q1 us-gaap Long Term Debt
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107184000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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11107000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
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9383000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
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1727000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
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2581000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9891000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
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8005000 USD
CY2022Q1 us-gaap Operating Lease Liability
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11618000 USD
CY2021Q1 us-gaap Operating Lease Liability
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10586000 USD
CY2022 us-gaap Operating Lease Cost
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6871000 USD
CY2021 us-gaap Operating Lease Cost
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4718000 USD
CY2022 us-gaap Variable Lease Cost
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1179000 USD
CY2021 us-gaap Variable Lease Cost
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820000 USD
CY2022 us-gaap Short Term Lease Cost
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26000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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9624000 USD
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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8402000 shares
CY2020 us-gaap Allocated Share Based Compensation Expense
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6748000 USD
CY2022 us-gaap Allocated Share Based Compensation Expense
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13829000 USD
CY2021 us-gaap Short Term Lease Cost
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132000 USD
CY2022 us-gaap Lease Cost
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8076000 USD
CY2021 us-gaap Lease Cost
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5670000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2638000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2204000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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1937000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1502000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1400000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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14456000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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24137000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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12519000 USD
CY2022Q1 us-gaap Operating Lease Liability
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11618000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P10Y10M17D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y6M10D
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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8893000 shares
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.129
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1396
CY2022 us-gaap Operating Lease Payments
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3900000 USD
CY2021 us-gaap Operating Lease Payments
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4900000 USD
CY2022 us-gaap Allocated Share Based Compensation Expense
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13829000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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9624000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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6748000 USD
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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7466000 shares
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-36648000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
550000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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1428000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1911000 USD
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-30939000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-35220000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-4407000 USD
CY2022 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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477000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
339000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
106000 USD
CY2022 us-gaap Current Foreign Tax Expense Benefit
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1381000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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747000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1271000 USD
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1858000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1010000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1262000 USD
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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9000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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-577000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
22000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
33000 USD
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-548000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-203000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-492000 USD
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-517000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-771000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-459000 USD
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1341000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
239000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
803000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6493000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-925000 USD
CY2022 qtm Effective Income Tax Rate Reconciliation Expiration Of Attributes Amount
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18345000 USD
CY2021 qtm Effective Income Tax Rate Reconciliation Expiration Of Attributes Amount
EffectiveIncomeTaxRateReconciliationExpirationOfAttributesAmount
9862000 USD
CY2020 qtm Effective Income Tax Rate Reconciliation Expiration Of Attributes Amount
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11679000 USD
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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5444000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-2639000 USD
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1941000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1295000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
914000 USD
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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195000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
345000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
280000 USD
CY2022 qtm Effective Income Tax Rate Reconciliation Debt Forgiveness
EffectiveIncomeTaxRateReconciliationDebtForgiveness
2100000 USD
CY2021 qtm Effective Income Tax Rate Reconciliation Debt Forgiveness
EffectiveIncomeTaxRateReconciliationDebtForgiveness
0 USD
CY2020 qtm Effective Income Tax Rate Reconciliation Debt Forgiveness
EffectiveIncomeTaxRateReconciliationDebtForgiveness
0 USD
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1761000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-129000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1612000 USD
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-402000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-969000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-20000 USD
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2094000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1829000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1566000 USD
CY2022 qtm Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
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-6349000 USD
CY2021 qtm Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsAmount
-6695000 USD
CY2020 qtm Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
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-8654000 USD
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1436000 USD
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
311000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
122000 USD
CY2022 us-gaap Income Tax Expense Benefit
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1341000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
239000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
803000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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59636000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
76153000 USD
CY2022Q1 us-gaap Deferred Tax Assets Deferred Income
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29485000 USD
CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
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21839000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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16085000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
16574000 USD
CY2022Q1 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
12296000 USD
CY2021Q1 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
12132000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
4450000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
8192000 USD
CY2022Q1 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
16289000 USD
CY2021Q1 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
7811000 USD
CY2022Q1 qtm Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
2514000 USD
CY2021Q1 qtm Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
1747000 USD
CY2022Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1701000 USD
CY2021Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1374000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
447000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
569000 USD
CY2022Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
853000 USD
CY2021Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
454000 USD
CY2022Q1 us-gaap Deferred Tax Assets Gross
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143756000 USD
CY2021Q1 us-gaap Deferred Tax Assets Gross
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146845000 USD
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
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138365000 USD
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
143263000 USD
CY2022Q1 us-gaap Deferred Tax Assets Net
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5391000 USD
CY2021Q1 us-gaap Deferred Tax Assets Net
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3582000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1921000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1440000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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2439000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
1670000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Other
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1048000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Other
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1013000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities
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5408000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4123000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
17000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
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541000 USD
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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-4900000 USD
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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5400000 USD
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-2500000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
101119000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107282000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
116032000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2785000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2560000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2275000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4881000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
144000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
511000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1020000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
522000 USD
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8162000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8712000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
11165000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
99603000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
101119000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107282000 USD
CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1500000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
100800000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
92200000 USD
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
1200000 USD
CY2022Q1 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
11000000 USD
CY2022Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
258100000 USD
CY2022Q1 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
52500000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
12800000 USD
CY2022Q1 qtm Operating Loss Carry Forwards Acquired
OperatingLossCarryForwardsAcquired
11100000 USD
CY2022Q1 qtm Tax Credit Carry Forward Acquired Amount
TaxCreditCarryForwardAcquiredAmount
8000000 USD
CY2022Q1 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
64600000 USD

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