$QNST
QUINSTREET, INC

2019 Q4 Form 10-Q Financial Statement

#000156459020003826 Filed on February 07, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $118.1M $126.6M $104.1M
YoY Change 13.45% 12.18% 18.98%
Cost Of Revenue $105.3M $113.2M $90.92M
YoY Change 15.84% 16.92% 20.9%
Gross Profit $12.78M $13.43M $13.18M
YoY Change -3.02% -16.39% 7.56%
Gross Profit Margin 10.82% 10.6% 12.66%
Selling, General & Admin $8.100M $8.188M $7.300M
YoY Change 10.96% 10.08% 2.82%
% of Gross Profit 63.37% 60.99% 55.38%
Research & Development $3.399M $3.556M $3.000M
YoY Change 13.3% 7.59% -13.67%
% of Gross Profit 26.59% 26.49% 22.76%
Depreciation & Amortization $2.860M $2.810M $2.370M
YoY Change 20.68% 70.3% 30.94%
% of Gross Profit 22.37% 20.93% 17.98%
Operating Expenses $3.399M $11.74M $10.30M
YoY Change -67.0% 9.32% 196.4%
Operating Profit $9.384M $1.681M $2.881M
YoY Change 225.72% -68.36% -67.19%
Interest Expense -$100.0K $212.0K $0.00
YoY Change
% of Operating Profit -1.07% 12.61% 0.0%
Other Income/Expense, Net $0.00 -$300.0K $100.0K
YoY Change -100.0% 347.76% -50.0%
Pretax Income $1.200M $1.300M $2.900M
YoY Change -58.62% -75.53% 45.0%
Income Tax -$400.0K $200.0K -$49.90M
% Of Pretax Income -33.33% 15.38% -1720.69%
Net Earnings $1.549M $1.132M $52.83M
YoY Change -97.07% -78.63% 2680.32%
Net Earnings / Revenue 1.31% 0.89% 50.75%
Basic Earnings Per Share $0.03 $0.02 $1.07
Diluted Earnings Per Share $0.03 $0.02 $1.00
COMMON SHARES
Basic Shares Outstanding 51.41M 50.85M 49.49M
Diluted Shares Outstanding 53.49M 53.33M 52.68M

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $76.10M $70.50M $62.40M
YoY Change 21.96% 0.0% 47.17%
Cash & Equivalents $76.12M $70.52M $62.45M
Short-Term Investments
Other Short-Term Assets $5.200M $6.200M $4.900M
YoY Change 6.12% 16.98% -27.94%
Inventory
Prepaid Expenses
Receivables $69.60M $74.60M $63.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $151.0M $151.3M $130.5M
YoY Change 15.71% 6.93% 33.3%
LONG-TERM ASSETS
Property, Plant & Equipment $5.682M $5.400M $4.600M
YoY Change 23.52% 31.71% -2.13%
Goodwill $82.50M $82.50M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $57.80M $57.70M $56.30M
YoY Change 2.66% 690.41% 595.06%
Total Long-Term Assets $188.4M $191.0M $157.2M
YoY Change 19.85% 134.07% 84.07%
TOTAL ASSETS
Total Short-Term Assets $151.0M $151.3M $130.5M
Total Long-Term Assets $188.4M $191.0M $157.2M
Total Assets $339.4M $342.3M $287.7M
YoY Change 17.97% 53.43% 56.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.30M $40.00M $34.80M
YoY Change -1.44% 17.3% 37.01%
Accrued Expenses $42.40M $41.30M $28.60M
YoY Change 48.25% 33.23% -4.03%
Deferred Revenue $1.168M $839.0K $892.0K
YoY Change 30.94% -4.77%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $82.70M $87.60M $68.10M
YoY Change 21.44% 32.73% 21.87%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $22.80M $26.60M $8.400M
YoY Change 171.43% 565.0% 237.89%
Total Long-Term Liabilities $22.80M $26.60M $8.400M
YoY Change 171.43% 565.0% 237.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $82.70M $87.60M $68.10M
Total Long-Term Liabilities $22.80M $26.60M $8.400M
Total Liabilities $105.5M $114.2M $76.50M
YoY Change 37.91% 63.14% 31.07%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $233.9M $228.1M $211.2M
YoY Change
Total Liabilities & Shareholders Equity $339.4M $342.3M $287.7M
YoY Change 17.97% 53.43% 56.98%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $1.549M $1.132M $52.83M
YoY Change -97.07% -78.63% 2680.32%
Depreciation, Depletion And Amortization $2.860M $2.810M $2.370M
YoY Change 20.68% 70.3% 30.94%
Cash From Operating Activities $9.940M $9.541M $12.65M
YoY Change -21.42% -6.71% 73.29%
INVESTING ACTIVITIES
Capital Expenditures -$1.010M $544.0K -$920.0K
YoY Change 9.78% 62.87% 55.93%
Acquisitions
YoY Change
Other Investing Activities $30.00K $0.00 -$22.14M
YoY Change -100.14% -100.0% 58.94%
Cash From Investing Activities -$990.0K -$1.051M -$23.04M
YoY Change -95.7% 33.89% 58.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.370M -531.0K 1.500M
YoY Change -324.67% -85.7% -305.48%
NET CHANGE
Cash From Operating Activities 9.940M 9.541M 12.65M
Cash From Investing Activities -990.0K -1.051M -23.04M
Cash From Financing Activities -3.370M -531.0K 1.500M
Net Change In Cash 5.580M 7.995M -8.890M
YoY Change -162.77% 37.39% 11.82%
FREE CASH FLOW
Cash From Operating Activities $9.940M $9.541M $12.65M
Capital Expenditures -$1.010M $544.0K -$920.0K
Free Cash Flow $10.95M $8.997M $13.57M
YoY Change -19.31% -9.06% 71.99%

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<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. The Company</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">QuinStreet, Inc. (the “Company”) is a leader in performance marketplace products and technologies. The Company was incorporated in California in April 1999 and reincorporated in Delaware in December 2009. The Company specializes in customer acquisition for clients in high value, information-intensive markets or “verticals,” including financial services, education, home services and business-to-business technology. The corporate headquarters are located in Foster City, California, with additional offices throughout the United States, Brazil and India. While the majority of the Company’s operations and revenue are in North America, the Company also has businesses in Brazil and India.</p>
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<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the period. On an ongoing basis, management evaluates these estimates, judgments and assumptions, including those related to revenue recognition, stock-based compensation, goodwill, long-lived assets, contingencies, and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.</p>
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<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:2.27%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company had one client that accounted for <span>18%</span> of net revenue for both the three and six months ended December 31, 2019 and 21% and 23% of net revenue for the three and six months ended December 31, 2018. That same client accounted for 9% and 11% of net accounts receivable as of December 31, 2019 and June 30, 2019. No other clients accounted for 10% or more of net revenue for the three and six months ended December 31, 2019 or 2018 or 10% or more of net accounts receivable as of December 31, 2019 or June 30, 2019.</p>
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us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:2.27%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company had one client that accounted for <span>18%</span> of net revenue for both the three and six months ended December 31, 2019 and 21% and 23% of net revenue for the three and six months ended December 31, 2018. That same client accounted for 9% and 11% of net accounts receivable as of December 31, 2019 and June 30, 2019. No other clients accounted for 10% or more of net revenue for the three and six months ended December 31, 2019 or 2018 or 10% or more of net accounts receivable as of December 31, 2019 or June 30, 2019.</p>
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51414000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
16700000
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13100000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
216965000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1168000
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
761000
CY2019Q4 qnst Contract With Customer Prepaid Liability Current
ContractWithCustomerPrepaidLiabilityCurrent
600000
CY2019Q2 qnst Contract With Customer Prepaid Liability Current
ContractWithCustomerPrepaidLiabilityCurrent
661000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4000000.0
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
1549000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
52826000
us-gaap Net Income Loss
NetIncomeLoss
2681000
CY2019Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49490000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51129000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49077000
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53489000
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52682000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53407000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52562000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
852000
CY2018Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
98000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
790000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
96000
CY2019Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2019Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2019Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5008000
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5058000
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-50000
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5008000
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5008000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6414000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5297000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4698000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3855000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7127000
CY2019Q4 us-gaap Goodwill
Goodwill
82500000
CY2019Q2 us-gaap Goodwill
Goodwill
82500000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
204175000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
172931000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31244000
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
204210000
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
169092000
CY2019Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3900000
CY2018Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2200000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3853000
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-49900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-49900000
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
49400000
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
999000
us-gaap Operating Lease Cost
OperatingLeaseCost
2003000
CY2019Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
268000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
556000
CY2019Q4 us-gaap Variable Lease Cost
VariableLeaseCost
154000
us-gaap Variable Lease Cost
VariableLeaseCost
298000
CY2019Q4 us-gaap Lease Cost
LeaseCost
1421000
us-gaap Lease Cost
LeaseCost
2857000
CY2018Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1000000.0
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2000000.0
us-gaap Operating Lease Payments
OperatingLeasePayments
1846000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
43000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1911000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17315000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4563000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4273000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3834000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
176000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1810000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
183000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16574000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1726000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
14848000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4079000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10769000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
14848000
CY2019Q4 qnst Future Principal Contractual Obligations For Operating Lease Commitments Undiscounted Lease Liability Excess Amount
FuturePrincipalContractualObligationsForOperatingLeaseCommitmentsUndiscountedLeaseLiabilityExcessAmount
700000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3529000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4263000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4234000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3801000
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1312000
CY2019Q4 qnst Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
0
CY2019Q2 qnst Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
0
CY2019Q4 qnst Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
0
CY2019Q2 qnst Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
0
CY2019Q4 qnst Letters Of Credit For Fidelity Bonds
LettersOfCreditForFidelityBonds
400000
CY2019Q4 qnst Letters Of Credit For Operating Lease
LettersOfCreditForOperatingLease
500000
qnst Period Of Cancellation Of Letter Of Credit From Annual Expiration Date
PeriodOfCancellationOfLetterOfCreditFromAnnualExpirationDate
P30D
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104096000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
118101000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
244715000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
216965000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5682000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5410000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31244000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
35118000

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