$RGP
RESOURCES CONNECTION, INC.

2019 Q3 Form 10-Q Financial Statement

#000108476519000020 Filed on October 03, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $172.2M $178.6M
YoY Change -3.55% 26.47%
Cost Of Revenue $104.7M $110.4M
YoY Change -5.15% 26.2%
Gross Profit $67.50M $68.15M
YoY Change -0.95% 26.92%
Gross Profit Margin 39.19% 38.17%
Selling, General & Admin $56.98M $56.37M
YoY Change 1.09% 18.88%
% of Gross Profit 84.41% 82.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.460M $2.020M
YoY Change 21.78% 114.89%
% of Gross Profit 3.64% 2.96%
Operating Expenses $56.98M $56.37M
YoY Change 1.09% 18.88%
Operating Profit $8.062M $9.761M
YoY Change -17.41% 82.69%
Interest Expense $482.0K $526.0K
YoY Change -8.37% 56.08%
% of Operating Profit 5.98% 5.39%
Other Income/Expense, Net
YoY Change
Pretax Income $7.580M $9.235M
YoY Change -17.92% 83.45%
Income Tax $2.600M $3.494M
% Of Pretax Income 34.3% 37.83%
Net Earnings $4.939M $5.741M
YoY Change -13.97% 171.83%
Net Earnings / Revenue 2.87% 3.22%
Basic Earnings Per Share $0.16 $0.18
Diluted Earnings Per Share $0.15 $0.18
COMMON SHARES
Basic Shares Outstanding 31.79M 31.74M
Diluted Shares Outstanding 32.27M 32.47M

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.70M $27.10M
YoY Change 68.63% -45.36%
Cash & Equivalents $45.72M $27.05M
Short-Term Investments $0.00
Other Short-Term Assets $7.400M $6.800M
YoY Change 8.82% 23.64%
Inventory
Prepaid Expenses
Receivables $129.6M $137.6M
Other Receivables $700.0K $1.000M
Total Short-Term Assets $183.4M $172.5M
YoY Change 6.33% 11.91%
LONG-TERM ASSETS
Property, Plant & Equipment $25.87M $22.59M
YoY Change 14.55% -1.37%
Goodwill $216.4M $191.8M
YoY Change 12.82% 11.31%
Intangibles $25.77M $17.57M
YoY Change 46.7%
Long-Term Investments
YoY Change
Other Assets $3.477M $2.516M
YoY Change 38.2% -10.14%
Total Long-Term Assets $313.2M $236.0M
YoY Change 32.74% 19.18%
TOTAL ASSETS
Total Short-Term Assets $183.4M $172.5M
Total Long-Term Assets $313.2M $236.0M
Total Assets $496.6M $408.4M
YoY Change 21.59% 16.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.80M $22.00M
YoY Change 3.64% 51.72%
Accrued Expenses $50.20M $38.10M
YoY Change 31.76% 22.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $89.03M $72.64M
YoY Change 22.56% 33.03%
LONG-TERM LIABILITIES
Long-Term Debt $73.00M $58.00M
YoY Change 25.86% 20.83%
Other Long-Term Liabilities $5.450M $6.836M
YoY Change -20.28% 45.45%
Total Long-Term Liabilities $78.45M $64.84M
YoY Change 21.0% 23.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $89.03M $72.64M
Total Long-Term Liabilities $78.45M $64.84M
Total Liabilities $208.2M $140.1M
YoY Change 48.57% 29.38%
SHAREHOLDERS EQUITY
Retained Earnings $350.7M $337.4M
YoY Change 3.94%
Common Stock $467.1M $436.1M
YoY Change 7.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $516.1M $494.2M
YoY Change 4.44%
Treasury Stock Shares $31.47M $30.11M
Shareholders Equity $288.4M $268.3M
YoY Change
Total Liabilities & Shareholders Equity $496.6M $408.4M
YoY Change 21.59% 16.0%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $4.939M $5.741M
YoY Change -13.97% 171.83%
Depreciation, Depletion And Amortization $2.460M $2.020M
YoY Change 21.78% 114.89%
Cash From Operating Activities -$3.038M -$16.60M
YoY Change -81.7% 26.45%
INVESTING ACTIVITIES
Capital Expenditures $510.0K $1.073M
YoY Change -52.47% 180.16%
Acquisitions $30.29M
YoY Change
Other Investing Activities -$24.31M $0.00
YoY Change
Cash From Investing Activities -$24.82M -$1.073M
YoY Change 2213.33% 180.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.462M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.74M -11.67M
YoY Change -363.51% 2409.03%
NET CHANGE
Cash From Operating Activities -3.038M -16.60M
Cash From Investing Activities -24.82M -1.073M
Cash From Financing Activities 30.74M -11.67M
Net Change In Cash 2.678M -29.42M
YoY Change -109.1% 131.23%
FREE CASH FLOW
Cash From Operating Activities -$3.038M -$16.60M
Capital Expenditures $510.0K $1.073M
Free Cash Flow -$3.548M -$17.67M
YoY Change -79.93% 30.8%

Facts In Submission

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<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">1.&nbsp;Description of the Company and its Business </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Resources Connection, Inc. (&#x201C;Resources Connection&#x201D;), a Delaware corporation, was incorporated on November&nbsp;16, 1998. The Company&#x2019;s operating entities provide services primarily under the name Resources Global Professionals (&#x201C;RGP&#x201D; or the &#x201C;Company&#x201D;). RGP is a global consulting firm that enables rapid business outcomes by bringing together the right people to create transformative change. As a human capital partner for its clients, the Company specializes in solving today&#x2019;s most pressing business problems across the enterprise in the areas of Business Strategy &amp; Transformation, Finance &amp; Accounting, Risk &amp; Compliance and Technology &amp; Digital Innovation. The Company has offices in the United States (&#x201C;U.S.&#x201D;), Asia, Australia, Canada, Europe and Mexico.</font> </p> <p style="margin:0pt;text-indent:27pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company&#x2019;s fiscal year consists of 52 or 53&nbsp;weeks, ending on the last Saturday in May.&nbsp;&nbsp;The </font><font style="display: inline;">first</font><font style="display: inline;"> quarters of fiscal 20</font><font style="display: inline;">20</font><font style="display: inline;"> and 201</font><font style="display: inline;">9</font><font style="display: inline;"> each consisted of 13 weeks.&nbsp; </font><font style="display: inline;">The Company&#x2019;s fiscal 2020 will consist of 53 weeks.</font> </p> <p style="margin:0pt;text-indent:27pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&nbsp;</font> </p> <p><font size="1"> </font></p> </div> </div>
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CY2019Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9761000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
8062000
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3080000
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11393000
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
35655000
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
40198000
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3180000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3477000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-602000
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-686000
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11154000
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16060000
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6412000
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5450000
CY2018Q3 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
203000
CY2018Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3792000
CY2019Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4106000
CY2019Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
30293000
CY2018Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1073000
CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
510000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7103000
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7388000
CY2018Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2178000
CY2019Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2599000
CY2019Q3 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
35000000
CY2019Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
5981000
CY2018Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2409000
CY2019Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2251000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26632000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25874000
CY2018Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
487000
CY2019Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
471000
CY2018Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
5000000
CY2019Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
5000000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
350230000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
350693000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
178558000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
172225000
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1460000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7454000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6029000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
25000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
103000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5482000
CY2019Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y15D
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
5981000
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
78000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
282396000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
288431000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56366000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56978000
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1361000
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1515000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1736000
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6300000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3351000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.17
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
800000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5729000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.95
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y22D
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M22D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
7425000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
5544000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
15.93
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M16D
CY2019Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.13
CY2019Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
18.22
CY2019Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
17.27
CY2019Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
172000
CY2019Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2599000
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2251000
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
121000
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
31466000
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
31466000
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
516103000
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
516103000
CY2019Q3 us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt 0pt 0pt 11.5pt;text-indent:24.5pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;font-style:italic;">Use of Estimates</font> </p> <p style="margin:0pt 0pt 0pt 11.5pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates and assumptions are adequate, actual results could differ from the estimates and assumptions used.</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
604000
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
726000
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
479000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32468000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32267000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31742000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31788000

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