2019 Q1 Form 10-K Financial Statement

#000119312519214070 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2019 2018 Q4
Revenue $103.3M $402.7M $102.0M
YoY Change 8.36% -8.0% -12.08%
Cost Of Revenue $60.61M $235.1M $58.90M
YoY Change 1.62% -11.26% -19.36%
Gross Profit $42.67M $167.6M $43.08M
YoY Change 19.62% -2.99% 0.28%
Gross Profit Margin 41.31% 41.62% 42.25%
Selling, General & Admin $34.94M $134.7M $30.47M
YoY Change -9.05% -12.76% -22.12%
% of Gross Profit 81.88% 80.35% 70.73%
Research & Development $8.083M $32.11M $7.907M
YoY Change -6.07% -16.81% -13.7%
% of Gross Profit 18.94% 19.16% 18.35%
Depreciation & Amortization $1.100M $4.300M $1.000M
YoY Change -8.33% -13.48% -23.08%
% of Gross Profit 2.58% 2.57% 2.32%
Operating Expenses $43.16M $172.4M $39.61M
YoY Change -12.89% -14.42% -24.6%
Operating Profit -$495.0K -$4.746M $3.476M
YoY Change -96.43% -83.42% -136.33%
Interest Expense $6.286M $21.10M $6.238M
YoY Change 80.37% 80.76% 110.18%
% of Operating Profit 179.46%
Other Income/Expense, Net $992.0K $2.878M $3.846M
YoY Change -359.69% 275.23% 1731.43%
Pretax Income -$7.773M -$40.42M -$3.949M
YoY Change -67.45% -13.0% -67.96%
Income Tax $1.637M $2.376M $337.0K
% Of Pretax Income
Net Earnings -$9.410M -$42.80M -$4.286M
YoY Change -60.68% -1.27% -57.98%
Net Earnings / Revenue -9.11% -10.63% -4.2%
Basic Earnings Per Share -$1.20 -$0.12
Diluted Earnings Per Share -$0.26 -$1.20 -$0.12
COMMON SHARES
Basic Shares Outstanding 35.55M shares
Diluted Shares Outstanding 35.55M shares

Balance Sheet

Concept 2019 Q1 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.80M $10.90M
YoY Change -0.92%
Cash & Equivalents $10.79M $10.80M $10.93M
Short-Term Investments
Other Short-Term Assets $18.10M $8.300M $7.877M
YoY Change 33.39% -41.96% -5.49%
Inventory $37.50M $34.10M
Prepaid Expenses $3.856M
Receivables $86.83M $86.80M $79.57M
Other Receivables $10.90M $0.00
Total Short-Term Assets $154.3M $154.3M $133.6M
YoY Change -13.53% -13.51% -22.5%
LONG-TERM ASSETS
Property, Plant & Equipment $8.437M $8.400M $8.773M
YoY Change -13.0% -13.4% -14.21%
Goodwill
YoY Change
Intangibles $34.00K $60.00K
YoY Change -75.36% -63.41%
Long-Term Investments
YoY Change
Other Assets $5.146M $10.10M $7.632M
YoY Change -45.84% -29.86% -11.9%
Total Long-Term Assets $18.58M $18.60M $21.41M
YoY Change -23.21% -23.14% -31.07%
TOTAL ASSETS
Total Short-Term Assets $154.3M $154.3M $133.6M
Total Long-Term Assets $18.58M $18.60M $21.41M
Total Assets $172.9M $172.9M $155.0M
YoY Change -14.69% -14.66% -23.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.40M $37.40M $38.77M
YoY Change -40.31% -40.26% -32.14%
Accrued Expenses $29.03M $49.00M $25.30M
YoY Change 64.56% 21.59% 32.96%
Deferred Revenue $90.41M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.650M $1.700M $1.500M
YoY Change -78.0% -77.33%
Total Short-Term Liabilities $178.5M $178.5M $169.1M
YoY Change -13.9% -13.89% -10.43%
LONG-TERM LIABILITIES
Long-Term Debt $145.6M $145.6M $137.1M
YoY Change 25.55% 25.52%
Other Long-Term Liabilities $11.83M $48.60M $10.70M
YoY Change 1.92% -7.95% -3.87%
Total Long-Term Liabilities $157.4M $194.2M $147.8M
YoY Change 23.4% 15.05% 1228.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $178.5M $178.5M $169.1M
Total Long-Term Liabilities $157.4M $194.2M $147.8M
Total Liabilities $372.7M $372.7M $351.2M
YoY Change -0.92% -0.9% -1.38%
SHAREHOLDERS EQUITY
Retained Earnings -$698.0M -$688.5M
YoY Change 6.53% 9.08%
Common Stock $499.6M $493.7M
YoY Change 141025.42% 2.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$199.8M -$199.8M -$196.2M
YoY Change
Total Liabilities & Shareholders Equity $172.9M $172.9M $155.0M
YoY Change -14.69% -14.66% -23.81%

Cashflow Statement

Concept 2019 Q1 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$9.410M -$42.80M -$4.286M
YoY Change -60.68% -1.27% -57.98%
Depreciation, Depletion And Amortization $1.100M $4.300M $1.000M
YoY Change -8.33% -13.48% -23.08%
Cash From Operating Activities -$9.500M -$16.86M -$10.10M
YoY Change 15.85% 235.04% -388.57%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K $2.708M -$500.0K
YoY Change 80.0% 4.8% -44.44%
Acquisitions $0.00
YoY Change
Other Investing Activities $2.900M $2.900M
YoY Change 866.67%
Cash From Investing Activities $2.000M $235.0K -$500.0K
YoY Change -500.0% -110.24% -44.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.200M $16.21M 15.60M
YoY Change 554.55% -244.32% -257.58%
NET CHANGE
Cash From Operating Activities -9.500M -$16.86M -10.10M
Cash From Investing Activities 2.000M $235.0K -500.0K
Cash From Financing Activities 7.200M $16.21M 15.60M
Net Change In Cash -300.0K -$352.0K 5.000M
YoY Change -96.05% -98.12% -168.49%
FREE CASH FLOW
Cash From Operating Activities -$9.500M -$16.86M -$10.10M
Capital Expenditures -$900.0K $2.708M -$500.0K
Free Cash Flow -$8.600M -$19.57M -$9.600M
YoY Change 11.69% 156.92% -318.18%

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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-352000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18705000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-746000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17207000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36658000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16855000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
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105000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
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173000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
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279000
CY2019 us-gaap Property Plant And Equipment Transfers And Changes
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408000
CY2018 us-gaap Property Plant And Equipment Transfers And Changes
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1036000
CY2017 us-gaap Property Plant And Equipment Transfers And Changes
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1928000
CY2019 us-gaap Interest Paid Net
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CY2018 us-gaap Interest Paid Net
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CY2017 us-gaap Interest Paid Net
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5966000
CY2019 us-gaap Income Taxes Paid Net
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68000
CY2018 us-gaap Income Taxes Paid Net
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1455000
CY2017 us-gaap Income Taxes Paid Net
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677000
CY2017 us-gaap Income Tax Expense Benefit
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1656000
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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1402000
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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1715000
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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5990000
CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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-354000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3409000
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CY2018 us-gaap Earnings Per Share Diluted
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-40935000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
514000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
464000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3042000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-40421000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-46459000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-752000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-14634000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-263000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
359000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
564000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
640000
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2133000
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1336000
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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CY2018Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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4776000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2017Q1 us-gaap Deferred Tax Assets Inventory
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2006000
CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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814000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 qmco Effective Income Tax Rate Reconciliation Foreign Rate Differential Amount
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0
CY2018 qmco Effective Income Tax Rate Reconciliation Foreign Rate Differential Amount
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-323000
CY2017 qmco Effective Income Tax Rate Reconciliation Foreign Rate Differential Amount
EffectiveIncomeTaxRateReconciliationForeignRateDifferentialAmount
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CY2019 us-gaap Income Tax Reconciliation Other Adjustments
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CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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CY2019Q1 us-gaap Deferred Tax Assets Inventory
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882000
CY2018Q1 us-gaap Deferred Tax Assets Inventory
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1364000
CY2018Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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571000
CY2017Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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1370000
CY2019Q1 qmco Deferred Tax Assets Tax Distribution Reserves
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2137000
CY2018Q1 qmco Deferred Tax Assets Tax Distribution Reserves
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2119000
CY2017Q1 qmco Deferred Tax Assets Tax Distribution Reserves
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3028000
CY2019Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2018Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2017Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2019Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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20346000
CY2018Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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20082000
CY2017Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
678000
CY2018Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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1371000
CY2017Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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2333000
CY2019Q1 us-gaap Deferred Tax Assets Deferred Income
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CY2018Q1 us-gaap Deferred Tax Assets Deferred Income
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CY2017Q1 us-gaap Deferred Tax Assets Deferred Income
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CY2018Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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7146000
CY2017Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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CY2019Q1 us-gaap Deferred Tax Assets Gross
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CY2018Q1 us-gaap Deferred Tax Assets Gross
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CY2017Q1 us-gaap Deferred Tax Assets Gross
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CY2018Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2017Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2019Q1 us-gaap Deferred Tax Assets Net
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CY2018Q1 us-gaap Deferred Tax Assets Net
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2686000
CY2017Q1 us-gaap Deferred Tax Assets Net
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5292000
CY2019Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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450000
CY2018Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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638000
CY2017Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2019Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2018Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2017Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
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524000
CY2018Q1 us-gaap Deferred Tax Liabilities Other
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735000
CY2017Q1 us-gaap Deferred Tax Liabilities Other
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2552000
CY2019Q1 us-gaap Deferred Tax Liabilities
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CY2018Q1 us-gaap Deferred Tax Liabilities
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1373000
CY2017Q1 us-gaap Deferred Tax Liabilities
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3884000
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CY2018Q1 us-gaap Deferred Tax Assets Liabilities Net
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1313000
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net
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CY2017Q1 us-gaap Unrecognized Tax Benefits
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CY2018 us-gaap Restructuring Charges
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CY2016Q1 us-gaap Unrecognized Tax Benefits
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1992000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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411000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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25000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2019Q1 us-gaap Unrecognized Tax Benefits
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116032000
CY2018Q1 us-gaap Unrecognized Tax Benefits
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150599000
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CY2019 us-gaap Restructuring Charges
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5570000
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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1650000
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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1650000
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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1650000
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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1650000
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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157988000
CY2019Q1 us-gaap Long Term Debt
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164588000
CY2019 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
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CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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35551000
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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34687000
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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33742000
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CY2017 us-gaap Comprehensive Income Net Of Tax
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CY2019 qmco Noncash Gain Loss On Extinguishment Of Debt
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CY2018 us-gaap Restructuring Costs
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598000
CY2019 us-gaap Provision For Doubtful Accounts
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315000
CY2018 us-gaap Provision For Doubtful Accounts
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295000
CY2017 us-gaap Provision For Doubtful Accounts
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24000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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224000
CY2018 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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650000
CY2018 us-gaap Income Tax Credits And Adjustments
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CY2019 us-gaap Fair Value Adjustment Of Warrants
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CY2018 us-gaap Fair Value Adjustment Of Warrants
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CY2019 us-gaap Gain Loss On Sale Of Investments
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2729000
CY2018 us-gaap Gain Loss On Sale Of Investments
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CY2019 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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2892000
CY2018 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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278000
CY2017 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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48000
CY2019Q1 us-gaap Loss Contingency Damages Paid Value
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8200000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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12958000
CY2017Q1 us-gaap Accounts Receivable Net Current
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CY2017Q1 qmco Manufacturing Inventories Net
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36274000
CY2017Q1 qmco Service Parts Inventories
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19849000
CY2017Q1 us-gaap Other Assets Current
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9183000
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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2954000
CY2017Q1 us-gaap Assets Current
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CY2017Q1 us-gaap Property Plant And Equipment Net
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10876000
CY2017Q1 us-gaap Intangible Assets Net Excluding Goodwill
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CY2017Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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20000000
CY2017Q1 us-gaap Other Assets Noncurrent
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6926000
CY2017Q1 us-gaap Assets
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CY2017Q1 us-gaap Accounts Payable Current
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CY2017Q1 us-gaap Deferred Revenue Current
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CY2017Q1 us-gaap Accrued Liabilities Current
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CY2017Q1 us-gaap Liabilities Current
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CY2017Q1 us-gaap Restructuring Reserve Noncurrent
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CY2017Q1 us-gaap Other Liabilities Noncurrent
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CY2017Q1 us-gaap Commitments And Contingencies
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CY2017Q1 us-gaap Common Stock Value
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CY2017Q1 us-gaap Additional Paid In Capital Common Stock
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CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2017Q1 us-gaap Stockholders Equity
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CY2017Q1 us-gaap Liabilities And Stockholders Equity
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CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2017Q1 us-gaap Preferred Stock Shares Authorized
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CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
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CY2017Q1 us-gaap Common Stock Shares Authorized
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CY2017Q1 us-gaap Common Stock Shares Issued
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CY2017Q1 us-gaap Common Stock Shares Outstanding
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CY2017Q1 us-gaap Preferred Stock Shares Issued
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CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.00
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.00
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
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2370000
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
272000
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
5683000
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
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297000
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
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5637000
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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0
CY2018Q1 us-gaap Class Of Warrant Or Right Outstanding
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75000
CY2019 qmco Income Tax Reconciliation Change In Valuation Allowance
IncomeTaxReconciliationChangeInValuationAllowance
10913000
CY2018 qmco Income Tax Reconciliation Change In Valuation Allowance
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CY2017 qmco Income Tax Reconciliation Change In Valuation Allowance
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CY2019 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
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CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
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CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1347000
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-207000
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
52682000
CY2017Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
10752000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.315
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2019Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
2822000
CY2017Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
6837000
CY2019Q1 qmco Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
0
CY2018Q1 qmco Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
0
CY2017Q1 qmco Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
1226000
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
25095000
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
20692000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1350000
CY2019 qmco Tax On Unrealised Foreign Translation
TaxOnUnrealisedForeignTranslation
3200000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3409000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5394000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6698000
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3231000
CY2018Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
11187000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
179000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.02
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P10M9D
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4760000
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.04
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
177000
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
20.23
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
251000
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4M27D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
250000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.20
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
5.04
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
5.04
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y6M25D
CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-52000
CY2017 us-gaap Payments For Restructuring
PaymentsForRestructuring
3739000
CY2017Q1 us-gaap Restructuring Reserve
RestructuringReserve
6282000
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
8339000
CY2018 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
598000
CY2018Q1 us-gaap Restructuring Reserve
RestructuringReserve
5819000
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
8513000
CY2019Q1 us-gaap Restructuring Reserve
RestructuringReserve
2876000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1478000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
26000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
37000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1103000
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
206000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1826000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
917000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-3252000
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
29000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
32000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
32000
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Reclassifications </div></div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Certain prior period amounts in the consolidated financial statements, and notes thereto, have been reclassified to conform to current period presentation. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 qmco Revenue Remaining Performance Obligation Current
RevenueRemainingPerformanceObligationCurrent
103306000
CY2019Q1 qmco Revenue Remaining Performance Obligation Non Current
RevenueRemainingPerformanceObligationNonCurrent
47417000
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
150723000
CY2019Q1 qmco Share Based Compensation Arrangement By Share Based Payment Award Vested And Exercisable Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedAndExercisableWeightedAverageIntrinsicValue
0
CY2019 qmco Share Based Compensation Arrangement By Share Based Payment Award Vested And Exercisable Weighted Average Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedAndExercisableWeightedAverageContractualTerm
P1Y6M25D
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Concentrations </div></div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">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&#160;31, 2019, 2018</div>&#160;and 2017&#160;n<div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">o customers represented 10% or more of the Company&#8217;s total revenue. The Company had one customer comprising approximately 21% of accounts receivable as of March&#160;31, 2019, one customer comprising approximately 10% of accounts receivable as of March&#160;31, 2018 and one customer comprising approximately 11% of accounts receivable as of March&#160;31, 2017. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
107000
CY2018Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
778000
CY2019Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6828000
CY2018Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11565000
CY2018Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
2422000
CY2017Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
3689000
CY2016Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
3448000
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5766000
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5139000
CY2017 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
7491000
CY2019 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
326000
CY2018 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-116000
CY2017 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
309000
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5058000
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6291000
CY2017 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
7559000
CY2019Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
3456000
CY2017 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5400000
CY2019Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11505000
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
22085000
CY2019 qmco Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
9100000
CY2018 qmco Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
10300000
CY2017 qmco Shipping Handling And Transportation Expenses
ShippingHandlingAndTransportationExpenses
10400000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
4500000
CY2018 us-gaap Advertising Expense
AdvertisingExpense
8900000
CY2017 us-gaap Advertising Expense
AdvertisingExpense
9700000
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2356000
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-69000
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-497000
CY2019 us-gaap Paid In Kind Interest
PaidInKindInterest
1670000
CY2018 us-gaap Paid In Kind Interest
PaidInKindInterest
49000
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4424000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3922000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3175000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2185000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1945000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3705000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
19356000
CY2018 qmco Reclassifications Of Liability Classified Warrants To Equity Value
ReclassificationsOfLiabilityClassifiedWarrantsToEquityValue
1884000
CY2019 qmco Reclassifications Of Liability Classified Warrants To Equity Value
ReclassificationsOfLiabilityClassifiedWarrantsToEquityValue
14565000
CY2017Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1894000
CY2018Q1 qmco Contract Receivables Net
ContractReceivablesNet
96350000
CY2018Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019Q1 qmco Contract Receivables Net
ContractReceivablesNet
86828000
CY2019Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-9522000
CY2019 qmco Contract With Customer Asset Increase Decrease
ContractWithCustomerAssetIncreaseDecrease
0
CY2019 qmco Deferred Revenue Current Period Increase Decrease
DeferredRevenueCurrentPeriodIncreaseDecrease
8459000
CY2019 qmco Deferred Revenue Non Current Period Increase Decrease
DeferredRevenueNonCurrentPeriodIncreaseDecrease
-1854000
CY2019Q1 qmco Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
13437000
CY2018Q1 qmco Service Parts Inventories Finished Goods
ServicePartsInventoriesFinishedGoods
14863000
CY2019Q1 qmco Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
5633000
CY2018Q1 qmco Service Parts Inventories Component Parts
ServicePartsInventoriesComponentParts
7026000
CY2019Q1 us-gaap Insurance Settlements Receivable Current
InsuranceSettlementsReceivableCurrent
8950000
CY2019Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3856000
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4331000
CY2019Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
1927000
CY2018Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
582000
CY2019Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
3400000
CY2018Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
10900000
CY2019 qmco Provision For Inventory
ProvisionForInventory
13600000
CY2018 qmco Provision For Inventory
ProvisionForInventory
15300000
CY2017 qmco Defined Benefit Contribution Employer Matching Contribution
DefinedBenefitContributionEmployerMatchingContribution
1300000
CY2019 qmco Defined Benefit Contribution Employer Matching Contribution
DefinedBenefitContributionEmployerMatchingContribution
0
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1 for 8
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q1 us-gaap Deferred Revenue
DeferredRevenue
127100000
CY2019 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
83400000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
905000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1024000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2472000
CY2019 qmco Income Tax Reconciliation Expiration Of Attributes
IncomeTaxReconciliationExpirationOfAttributes
12268000
CY2018 qmco Income Tax Reconciliation Expiration Of Attributes
IncomeTaxReconciliationExpirationOfAttributes
410000
CY2017 qmco Income Tax Reconciliation Expiration Of Attributes
IncomeTaxReconciliationExpirationOfAttributes
1880000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1718000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3298000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
37000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1427000
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
107000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2789000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-217000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3484000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-385000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
31000
CY2017Q1 us-gaap Subordinated Debt Current
SubordinatedDebtCurrent
62827000
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23789000
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
66676000
CY2017Q1 us-gaap Liabilities
Liabilities
360538000
CY2017 us-gaap Depreciation
Depreciation
5635000
CY2017 qmco Service Parts Inventory Write Down
ServicePartsInventoryWriteDown
7609000
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-11000
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
650000
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
104914000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates </div></div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions. Certain accounting estimates involve significant judgments, assumptions and estimates by management that have a material impact on the carrying value of certain assets and liabilities, disclosures of contingent assets and liabilities and the reported amounts of revenues and expenses during the reporting period, which management considers to be critical accounting estimates. The judgments, assumptions and estimates used by management are based on historical experience, management&#8217;s experience and other factors, which are believed to be reasonable under the circumstances. Because of the nature of the judgments and assumptions made by management, actual results could differ materially from these judgments and estimates, which could have a material impact on the carrying values of the Company&#8217;s assets and liabilities and its results of operations. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
141000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1459000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
139000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
178000
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
11150000
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
810000
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1672000
CY2019Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
164588000
CY2018Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
123531000
CY2019Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-17317000
CY2018Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-45000
CY2018Q1 us-gaap Long Term Debt
LongTermDebt
115986000
CY2018 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1700000
CY2018Q4 qmco Class Of Warrant And Rights Upto Which Warrants Or Rights Are Exercisable
ClassOfWarrantAndRightsUptoWhichWarrantsOrRightsAreExercisable
2028-12-27
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8661000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13983000
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
97508000
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
99226000
CY2017Q2 qmco Manufacturing Inventories Net
ManufacturingInventoriesNet
36686000
CY2017Q3 qmco Manufacturing Inventories Net
ManufacturingInventoriesNet
34712000
CY2017Q2 qmco Service Parts Inventories
ServicePartsInventories
19788000
CY2017Q3 qmco Service Parts Inventories
ServicePartsInventories
19915000
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
9760000
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
9581000
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3002000
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3063000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10137000
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10420000
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
240000
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
204000
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
20000000
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
20000000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6305000
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6546000
CY2017Q2 us-gaap Assets
Assets
212087000
CY2017Q3 us-gaap Assets
Assets
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us-gaap Depreciation Depletion And Amortization
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Paid In Kind Interest
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us-gaap Proceeds From Issuance Of Common Stock
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CY2018Q2 us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Income Taxes Paid Net
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0
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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qmco Service Parts Inventory Write Down
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CY2018Q2 us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3000
us-gaap Gain Loss On Sale Of Property Plant Equipment
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31000
CY2017Q2 us-gaap Pension Expense Reversal Of Expense Noncash
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393000
us-gaap Pension Expense Reversal Of Expense Noncash
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us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
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qmco Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
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qmco Noncash Gain Loss On Extinguishment Of Debt
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CY2019 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
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CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
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us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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CY2017Q2 us-gaap Repayments Of Convertible Debt
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0
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
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us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2018Q2 qmco Noncash Gain Loss On Extinguishment Of Debt
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CY2018Q2 us-gaap Pension Expense Reversal Of Expense Noncash
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us-gaap Pension Expense Reversal Of Expense Noncash
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us-gaap Pension Expense Reversal Of Expense Noncash
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CY2018Q2 us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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us-gaap Repayments Of Debt
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us-gaap Fair Value Adjustment Of Warrants
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us-gaap Fair Value Adjustment Of Warrants
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us-gaap Fair Value Adjustment Of Warrants
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CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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IncomeTaxExaminationPenaltiesAndInterestAccrued
900000
CY2019 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
We file our tax returns as prescribed by the laws of the jurisdictions in which we operate. Our U.S. tax returns have been audited for years through 2002 by the Internal Revenue Service. In other major jurisdictions, we are generally open to examination for the most recent three to five fiscal years. Although timing of the resolution and closure on audits is highly uncertain, we do not believe it is likely that the unrecognized tax benefits would materially change in the next 12 months.
CY2019 dei Trading Symbol
TradingSymbol
QMCO
CY2019 dei Security12b Title
Security12bTitle
Common Stock
CY2019 dei Security Exchange Name
SecurityExchangeName
NONE
CY2017Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
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132000
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CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2018Q4 us-gaap Debt Instrument Carrying Amount
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CY2018Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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CY2018Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2018Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
100000
CY2018Q1 us-gaap Payments Of Debt Extinguishment Costs
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CY2018Q1 us-gaap Deferred Finance Costs Net
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1400000
CY2019Q2 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0400
CY2019 qmco Percentage Of Taxable Income
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0.80
CY2012Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
2300000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1313000
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-0.07
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-0.07
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q1 qmco Accrued Expenses
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8925000
CY2017Q3 us-gaap Standard Product Warranty Accrual Current
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0
CY2017Q3 us-gaap Line Of Credit
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0
us-gaap Standard Product Warranty Accrual Period Increase Decrease
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0
CY2018Q1 qmco Accrued Expenses
AccruedExpenses
7619000
CY2019Q1 qmco Accrued Settlement Payable
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10452000
CY2018Q1 qmco Accrued Settlement Payable
AccruedSettlementPayable
101000
us-gaap Gain Loss On Sale Of Property Plant Equipment
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2000
us-gaap Income Tax Credits And Adjustments
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0
CY2019Q1 us-gaap Property Plant And Equipment Gross
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CY2018Q1 us-gaap Property Plant And Equipment Gross
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CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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30932000
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33097000
CY2018 qmco Defined Benefit Contribution Employer Matching Contribution
DefinedBenefitContributionEmployerMatchingContribution
800000
CY2019Q1 us-gaap Product Warranty Accrual Classified Current
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3456000
CY2018Q1 us-gaap Product Warranty Accrual Classified Current
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2422000
CY2019Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4256000
CY2018Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5320000
CY2017Q2 us-gaap Income Tax Credits And Adjustments
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0
CY2017Q2 us-gaap Paid In Kind Interest
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0
CY2017Q2 us-gaap Standard Product Warranty Accrual Period Increase Decrease
StandardProductWarrantyAccrualPeriodIncreaseDecrease
0
CY2019Q1 us-gaap Asset Retirement Obligation Current
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CY2018Q1 us-gaap Asset Retirement Obligation Current
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us-gaap Paid In Kind Interest
PaidInKindInterest
0
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GainsLossesOnExtinguishmentOfDebt
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2017Q2 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
0
CY2017Q2 us-gaap Line Of Credit
LineOfCredit
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CY2017Q2 us-gaap Fair Value Adjustment Of Warrants
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0
us-gaap Fair Value Adjustment Of Warrants
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0
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
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CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
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us-gaap Costs And Expenses
CostsAndExpenses
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CY2018Q4 us-gaap Costs And Expenses
CostsAndExpenses
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us-gaap Costs And Expenses
CostsAndExpenses
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CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
103772000
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.82
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.94
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
CY2019 dei Document Type
DocumentType
10-K
CY2019 dei Amendment Flag
AmendmentFlag
false
CY2019 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2019 dei Entity Registrant Name
EntityRegistrantName
QUANTUM CORP /DE/
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0000709283
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2019 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2019 dei Entity Small Business
EntitySmallBusiness
false
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q3 dei Entity Public Float
EntityPublicFloat
64344842

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