2018 Q4 Form 10-Q Financial Statement

#000119312518315596 Filed on November 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $87.80M $78.97M $72.03M
YoY Change 10.86% 9.64% -36.54%
Cost Of Revenue $91.90M $82.81M $79.95M
YoY Change 10.19% 3.58% -23.13%
Gross Profit -$4.000M -$3.838M -$7.922M
YoY Change -2.44% -51.55% -183.39%
Gross Profit Margin -4.56% -4.86% -11.0%
Selling, General & Admin $7.200M $5.448M $10.73M
YoY Change -22.58% -49.25% 34.18%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $2.900M $2.300M
YoY Change 54.17% 26.09% 0.0%
% of Gross Profit
Operating Expenses $7.200M $5.448M $10.73M
YoY Change -22.58% -49.25% 34.18%
Operating Profit -$11.20M -$8.713M -$18.72M
YoY Change -16.42% -53.44% -1347.67%
Interest Expense -$100.0K $26.00K $27.00K
YoY Change 0.0% -3.7%
% of Operating Profit
Other Income/Expense, Net $400.0K $452.0K $335.0K
YoY Change 33.33% 34.93%
Pretax Income -$10.90M -$8.287M -$18.41M
YoY Change -17.42% -54.98% 18307.0%
Income Tax $14.80M -$2.115M -$6.793M
% Of Pretax Income
Net Earnings -$25.70M -$6.172M -$11.61M
YoY Change 131.53% -46.86% -22872.55%
Net Earnings / Revenue -29.27% -7.82% -16.12%
Basic Earnings Per Share -$0.50 -$0.94
Diluted Earnings Per Share -$2.089M -$0.50 -$0.94
COMMON SHARES
Basic Shares Outstanding 12.46M 12.33M 12.29M
Diluted Shares Outstanding 12.33M 12.29M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.10M $60.10M $121.2M
YoY Change -51.72% -50.41% 204.52%
Cash & Equivalents $45.07M $32.88M $70.21M
Short-Term Investments $18.00M $27.30M $51.00M
Other Short-Term Assets $5.012M $5.453M $10.80M
YoY Change -1.71% -49.51% -61.84%
Inventory $64.56M $62.69M $70.30M
Prepaid Expenses
Receivables $18.22M $38.89M $17.10M
Other Receivables $0.00 $0.00 $800.0K
Total Short-Term Assets $155.8M $210.4M $220.2M
YoY Change -22.06% -4.45% -9.42%
LONG-TERM ASSETS
Property, Plant & Equipment $45.32M $47.27M $63.60M
YoY Change 18.47% -25.67% -12.03%
Goodwill $21.52M $21.52M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.311M $3.150M $13.10M
YoY Change -30.03% -75.95% -30.69%
Total Long-Term Assets $133.9M $114.1M $98.30M
YoY Change 39.55% 16.08% -12.78%
TOTAL ASSETS
Total Short-Term Assets $155.8M $210.4M $220.2M
Total Long-Term Assets $133.9M $114.1M $98.30M
Total Assets $289.7M $324.5M $318.5M
YoY Change -2.08% 1.88% -10.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.75M $42.50M $32.00M
YoY Change 48.95% 32.81% -3.03%
Accrued Expenses $14.30M $14.50M $13.70M
YoY Change 7.52% 5.84% -13.84%
Deferred Revenue $3.000M $3.000M
YoY Change 728.73%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $62.05M $69.96M $49.20M
YoY Change 53.91% 42.19% -26.24%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $801.0K $405.0K $26.60M
YoY Change 106.98% -98.48% -17.39%
Total Long-Term Liabilities $801.0K $405.0K $26.60M
YoY Change 106.98% -98.48% -17.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $62.05M $69.96M $49.20M
Total Long-Term Liabilities $801.0K $405.0K $26.60M
Total Liabilities $96.13M $105.2M $75.80M
YoY Change 49.8% 38.76% -23.28%
SHAREHOLDERS EQUITY
Retained Earnings $120.8M $146.5M
YoY Change -25.15%
Common Stock $127.0K $127.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.721M $9.668M
YoY Change -22.57%
Treasury Stock Shares $272.0K $268.0K
Shareholders Equity $193.6M $219.3M $242.8M
YoY Change
Total Liabilities & Shareholders Equity $289.7M $324.5M $318.5M
YoY Change -2.08% 1.88% -10.48%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$25.70M -$6.172M -$11.61M
YoY Change 131.53% -46.86% -22872.55%
Depreciation, Depletion And Amortization $3.700M $2.900M $2.300M
YoY Change 54.17% 26.09% 0.0%
Cash From Operating Activities $35.80M -$19.00M -$9.800M
YoY Change 280.85% 93.88% -69.75%
INVESTING ACTIVITIES
Capital Expenditures -$1.100M -$600.0K -$200.0K
YoY Change 175.0% 200.0% -95.35%
Acquisitions
YoY Change
Other Investing Activities -$22.50M $27.30M -$20.80M
YoY Change -364.71% -231.25% 2500.0%
Cash From Investing Activities -$23.50M $26.70M -$21.00M
YoY Change -390.12% -227.14% 320.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 -1.200M
YoY Change -100.0% 9.09%
NET CHANGE
Cash From Operating Activities 35.80M -19.00M -9.800M
Cash From Investing Activities -23.50M 26.70M -21.00M
Cash From Financing Activities 0.000 0.000 -1.200M
Net Change In Cash 12.30M 7.700M -32.00M
YoY Change -29.71% -124.06% -16.88%
FREE CASH FLOW
Cash From Operating Activities $35.80M -$19.00M -$9.800M
Capital Expenditures -$1.100M -$600.0K -$200.0K
Free Cash Flow $36.90M -$18.40M -$9.600M
YoY Change 276.53% 91.67% -65.84%

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55000
us-gaap Interest Paid Net
InterestPaidNet
51000
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
85000
CY2017Q4 us-gaap Inventory Net
InventoryNet
45292000
CY2018Q3 us-gaap Inventory Net
InventoryNet
62693000
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
6160000
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
6835000
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
42460000
CY2018Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
57952000
CY2017Q4 us-gaap Liabilities
Liabilities
64172000
CY2018Q3 us-gaap Liabilities
Liabilities
105181000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
295904000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
324503000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
40317000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
69958000
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">Note 14 &#x2013; Contingencies </font> </p> <p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 12pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">The Company is involved in various warranty and repair claims and, in certain cases, related pending and threatened legal proceedings with its customers in the normal course of business. In the opinion of management, the Company&#x2019;s potential losses in excess of the accrued warranty and legal provisions, if any, are not expected to be material to the Company&#x2019;s consolidated financial condition, results of operations or cash flows.</font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">The Company received cash payments of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">$15,733</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> and </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">$1,410</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> during 2015 and 2017, respectively, for Alabama state and local incentives related to its capital investment and employment levels at its Cherokee, Alabama (&#x201C;Shoals&#x201D;) facility. Under the incentive agreements a certain portion of the incentives may be repayable by the Company if targeted levels of employment are not maintained for a period of up to six years from the date of the incentive.&nbsp;&nbsp;The Company&#x2019;s level of employment at its Shoals facility currently exceeds the minimum targeted levels of employment.&nbsp;&nbsp;In the event that employment levels drop below the minimum targeted levels of employment and any portion of the incentives is required to be paid back, the amount is unlikely to exceed the deferred liability balance of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">$9,715</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> as of September 30, 2018. </font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#xFEFF;</font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">In addition to the foregoing, the Company is involved in certain other pending and threatened legal proceedings, including commercial disputes and workers&#x2019; compensation and employee matters arising out of the conduct of its business.&nbsp;&nbsp;While the ultimate outcome of these other legal proceedings cannot be determined at this time, it is the opinion of management that the resolution of these other actions will not have a material adverse effect on the Company&#x2019;s financial condition, results of operations or cash flows.</font> </p> <p style="margin:0pt 0pt 4pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-size:10pt;">&#xFEFF;</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-610000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-313000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
219000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-18715000
us-gaap Nature Of Operations
NatureOfOperations
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-size:10pt;">Note 1 &#x2013; Description of the Business</font> </p> <p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 12pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt"> <font style="display: inline;font-family:Times New Roman;font-size:10pt;">FreightCar America, Inc. (&#x201C;FreightCar&#x201D;) operates primarily in North America through its direct and indirect subsidiaries,&nbsp;&nbsp;JAC Operations, Inc., Johnstown America, LLC, Freight Car Services, Inc., JAIX Leasing Company (&#x201C;JAIX&#x201D;), FreightCar Roanoke, LLC, FreightCar Mauritius Ltd. (&#x201C;Mauritius&#x201D;), FreightCar Rail Services, LLC (&#x201C;FCRS&#x201D;),&nbsp;&nbsp;FreightCar Short Line, Inc. (&#x201C;FCSL&#x201D;), FreightCar Alabama, LLC and FreightCar (Shanghai) Trading Co., Ltd. (herein collectively referred to as the &#x201C;Company&#x201D;), and manufactures a wide range of railroad freight cars, supplies railcar parts and leases freight cars.&nbsp;&nbsp;The Company designs and builds high-quality railcars, including coal cars, bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars and boxcars. The Company is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Grand Island, Nebraska; Johnstown, Pennsylvania; Roanoke, Virginia; and Shanghai, People&#x2019;s Republic of China.</font> </p> <p style="margin:5pt 0pt 0pt;line-height:100%;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-size:10pt;">The Company and its direct and indirect subsidiaries are all Delaware corporations or Delaware limited liability companies except Mauritius, which is incorporated in Mauritius, and FreightCar (Shanghai) Trading Co., Ltd., which is organized in the People&#x2019;s Republic of China.&nbsp;&nbsp;The Company&#x2019;s direct and indirect subsidiaries are all wholly owned.</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3370000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-117000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-53449000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
12586000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30916000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-67381000
us-gaap Net Income Loss
NetIncomeLoss
-11424000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-11614000
us-gaap Net Income Loss
NetIncomeLoss
-14912000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-6172000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Operating Income Loss
OperatingIncomeLoss
-18342000
us-gaap Operating Income Loss
OperatingIncomeLoss
-20851000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-8713000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1786000
CY2017Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
511000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
4206000
CY2018Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
1681000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5099000
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5453000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3303000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3150000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
83000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
28000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
108000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
36000
CY2017Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
2747000
CY2018Q3 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
4741000
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
964000
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1273000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
387000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
405000
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
11929000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
335000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1421000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
452000
CY2017Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
5556000
CY2018Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
5294000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3351000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
19000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
117000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
63895000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
101356000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
613000
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
168000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1107000
CY2018Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
628000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
613000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1107000
us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
6106000
us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
4952000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
552000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
13000000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
117442000
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
2636000
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
5220000
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8062000
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9526000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38253000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47273000
CY2017Q4 us-gaap Receivables Fair Value Disclosure
ReceivablesFairValueDisclosure
1470000
CY2018Q3 us-gaap Receivables Fair Value Disclosure
ReceivablesFairValueDisclosure
980000
CY2017Q4 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
0
CY2018Q3 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
0
CY2017Q4 us-gaap Restricted Investments Current
RestrictedInvestmentsCurrent
5720000
CY2018Q3 us-gaap Restricted Investments Current
RestrictedInvestmentsCurrent
5452000
us-gaap Revenues
Revenues
330233000
CY2017Q3 us-gaap Revenues
Revenues
72025000
us-gaap Revenues
Revenues
228684000
CY2018Q3 us-gaap Revenues
Revenues
78968000
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1785000
CY2017Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
59000
us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
0
CY2018Q3 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
0
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
161380000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
146468000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
328447000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71514000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
224478000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
77287000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23686000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10734000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
21829000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5448000
us-gaap Share Based Compensation
ShareBasedCompensation
566000
us-gaap Share Based Compensation
ShareBasedCompensation
2511000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Method Of Measuring Cost Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardMethodOfMeasuringCostOfAward
The estimated fair value and derived service period for the stock options were calculated using a Monte Carlo simulation.
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
256914000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
242769000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
231732000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
219322000
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
268030
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
12555000
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
9668000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12282522
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12293998
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12316497
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12325718
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12282522
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12293998
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12316497
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12325718
CY2017Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
3394000
CY2018Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
3616000

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