2021 Form 10-K Financial Statement

#000108476521000017 Filed on July 23, 2021

View on sec.gov

Income Statement

Concept 2021 2020 Q2 2019 Q2
Revenue $629.5M $178.6M $182.1M
YoY Change -10.5% -1.92% -0.92%
Cost Of Revenue $388.1M $106.4M $109.2M
YoY Change -9.29% -2.56% -3.7%
Gross Profit $241.4M $72.20M $73.00M
YoY Change -12.37% -1.1% 3.69%
Gross Profit Margin 38.35% 40.43% 40.09%
Selling, General & Admin $209.3M $60.10M $56.90M
YoY Change -8.22% 5.62% 3.08%
% of Gross Profit 86.71% 83.24% 77.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.897M $2.690M $2.200M
YoY Change -22.36% 22.27% 5.26%
% of Gross Profit 1.61% 3.73% 3.01%
Operating Expenses $209.3M $62.80M $59.10M
YoY Change -8.22% 6.26% 3.32%
Operating Profit $22.95M $9.400M $13.90M
YoY Change -37.38% -32.37% 5.3%
Interest Expense $1.600M -$500.0K -$500.0K
YoY Change -22.37% 0.0% -16.67%
% of Operating Profit 6.97% -5.32% -3.6%
Other Income/Expense, Net $1.331M $100.0K
YoY Change 121.83%
Pretax Income $22.68M $7.000M $13.40M
YoY Change -35.61% -47.76% 50.56%
Income Tax -$2.545M $2.900M $4.000M
% Of Pretax Income -11.22% 41.43% 29.85%
Net Earnings $25.23M $4.100M $9.400M
YoY Change -10.8% -56.38% 135.0%
Net Earnings / Revenue 4.01% 2.3% 5.16%
Basic Earnings Per Share $0.78
Diluted Earnings Per Share $0.78 $127.7K $298.4K
COMMON SHARES
Basic Shares Outstanding 32.44M
Diluted Shares Outstanding 32.55M

Balance Sheet

Concept 2021 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.39M $95.60M $49.00M
YoY Change -22.19% 95.1% -13.27%
Cash & Equivalents $74.39M $95.62M $43.05M
Short-Term Investments $6.000M
Other Short-Term Assets $7.235M $6.200M $7.100M
YoY Change 16.69% -12.68% -1.39%
Inventory
Prepaid Expenses
Receivables $116.5M $125.0M $133.3M
Other Receivables $37.18M $4.200M $2.200M
Total Short-Term Assets $235.3M $231.0M $191.7M
YoY Change 1.85% 20.53% -1.65%
LONG-TERM ASSETS
Property, Plant & Equipment $45.20M $23.64M $26.63M
YoY Change -21.94% -11.22% 18.82%
Goodwill $214.1M $190.8M
YoY Change 12.19% -0.59%
Intangibles $20.08M $14.59M
YoY Change 37.62% -21.27%
Long-Term Investments
YoY Change
Other Assets $3.183M $4.510M $3.180M
YoY Change -47.82% 41.82% 55.2%
Total Long-Term Assets $285.4M $298.2M $236.7M
YoY Change -4.3% 25.97% -0.45%
TOTAL ASSETS
Total Short-Term Assets $235.3M $231.0M $191.7M
Total Long-Term Assets $285.4M $298.2M $236.7M
Total Assets $520.6M $529.2M $428.4M
YoY Change -1.62% 23.53% -0.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.99M $15.80M $21.60M
YoY Change 1.18% -26.85% -7.3%
Accrued Expenses $65.72M $63.60M $58.60M
YoY Change 3.33% 8.53% 0.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $100.9M $94.90M $91.42M
YoY Change 6.33% 3.81% -3.29%
LONG-TERM LIABILITIES
Long-Term Debt $43.00M $88.00M $43.00M
YoY Change -51.14% 104.65% -31.75%
Other Long-Term Liabilities $28.81M $5.732M $6.412M
YoY Change -20.85% -10.61% 1.38%
Total Long-Term Liabilities $71.81M $93.73M $49.41M
YoY Change -42.27% 89.69% -28.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $100.9M $94.90M $91.42M
Total Long-Term Liabilities $71.81M $93.73M $49.41M
Total Liabilities $191.1M $225.5M $146.0M
YoY Change -15.26% 54.49% -10.91%
SHAREHOLDERS EQUITY
Retained Earnings $360.5M $350.2M
YoY Change 2.94% 4.32%
Common Stock $478.1M $460.9M
YoY Change 3.74% 7.13%
Preferred Stock
YoY Change
Treasury Stock (at cost) $521.1M $516.1M
YoY Change 0.97% 6.04%
Treasury Stock Shares $31.77M $31.47M
Shareholders Equity $329.5M $303.7M $282.4M
YoY Change
Total Liabilities & Shareholders Equity $520.6M $529.2M $428.4M
YoY Change -1.62% 23.53% -0.99%

Cashflow Statement

Concept 2021 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $25.23M $4.100M $9.400M
YoY Change -10.8% -56.38% 135.0%
Depreciation, Depletion And Amortization $3.897M $2.690M $2.200M
YoY Change -22.36% 22.27% 5.26%
Cash From Operating Activities $39.94M $27.96M $30.12M
YoY Change -19.34% -7.17% 70.94%
INVESTING ACTIVITIES
Capital Expenditures $3.846M -$310.0K -$960.0K
YoY Change 63.94% -67.71% 62.71%
Acquisitions
YoY Change
Other Investing Activities $3.000K $0.00 -$5.980M
YoY Change -100.01% -100.0% -30000.0%
Cash From Investing Activities -$3.843M -$300.0K -$6.940M
YoY Change -85.65% -95.68% 1096.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -59.46M 32.72M -27.98M
YoY Change -292.41% -216.94% 487.82%
NET CHANGE
Cash From Operating Activities 39.94M 27.96M 30.12M
Cash From Investing Activities -3.843M -300.0K -6.940M
Cash From Financing Activities -59.46M 32.72M -27.98M
Net Change In Cash -21.23M 60.38M -4.800M
YoY Change -140.38% -1357.92% -139.09%
FREE CASH FLOW
Cash From Operating Activities $39.94M $27.96M $30.12M
Capital Expenditures $3.846M -$310.0K -$960.0K
Free Cash Flow $36.10M $28.27M $31.08M
YoY Change -23.49% -9.04% 70.68%

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CY2021 us-gaap Nature Of Operations
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">1. Description of the Company and its Business</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Resources Connection, Inc. (the “Company”), a Delaware corporation, was incorporated on November 16, 1998. The Company’s operating entities provide services primarily under the name Resources Global Professionals. Resources Global Professionals is a global consulting firm helping clients match the right professional talent needed to tackle change and transformational initiatives. As a next-generation human capital partner for its clients, the Company specializes in solving today’s most pressing business problems across the enterprise in the areas of transactions, regulations, and transformations. The Company’s principal markets of operations are the United States (“U.S.”), Europe, Asia Pacific, Mexico and Canada.</span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Company’s fiscal year consists of </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">52</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> or </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">53</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> weeks, ending on the Saturday in May closest to May 31. Fiscal years 2019 and 2021 consisted of four 13-week quarters and included a total of 52 weeks of activity in the fiscal year. For fiscal year 2020, the first three quarters consisted of 13 weeks each and the fourth quarter consisted of 14 weeks, with a total of 53 weeks of activity in the fiscal year. </span>
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Company’s fiscal year consists of </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">52</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> or </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">53</span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> weeks, ending on the Saturday in May closest to May 31. Fiscal years 2019 and 2021 consisted of four 13-week quarters and included a total of 52 weeks of activity in the fiscal year. For fiscal year 2020, the first three quarters consisted of 13 weeks each and the fourth quarter consisted of 14 weeks, with a total of 53 weeks of activity in the fiscal year. </span>
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CY2021 us-gaap Reclassifications
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Reclassifications</span><p dir="ltr" style="font-family: inherit;font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;text-indent: 0.50in;"><span style="white-space:pre-wrap; color: #000000;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; color: #000000;font-family: inherit;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Certain prior period amounts have been reclassified to conform to current period presentation. These reclassifications had no effect on previously reported totals for assets, liabilities, stockholders’ equity, cash flows or net income.</span>
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<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Use of Estimates</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0.16in;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: 0;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;text-indent: 0.50in;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">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.</span></p>
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CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2020 rgp Allowance For Doubtful Accounts Receivable Currency Rate Changes
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CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2021 rgp Allowance For Doubtful Accounts Receivable Currency Rate Changes
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2020Q2 us-gaap Finite Lived Intangible Assets Net
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CY2021 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2021 us-gaap Asset Impairment Charges
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CY2020 us-gaap Asset Impairment Charges
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CY2021 us-gaap Amortization Of Intangible Assets
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CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5700000
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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0
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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0
CY2021Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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P4Y
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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17340000
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20240000
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
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31798000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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11721000
CY2021 us-gaap Number Of Businesses Acquired
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0
CY2020 us-gaap Number Of Businesses Acquired
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2
CY2020 rgp Number Of Legal Entities Dissolved
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3
CY2020 us-gaap Business Exit Costs1
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700000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
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37580000
CY2019 us-gaap Amortization Of Intangible Assets
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3800000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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4399000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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4190000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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3986000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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3123000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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2330000
CY2021Q2 rgp Finite Lived Intangible Assets Amortization Expense Years One To Five
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18028000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2019Q2 us-gaap Goodwill
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CY2020 us-gaap Goodwill Acquired During Period
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CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-235000
CY2020Q2 us-gaap Goodwill
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CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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2691000
CY2021Q2 us-gaap Goodwill
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216758000
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55550000
CY2020Q2 us-gaap Property Plant And Equipment Gross
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62505000
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35007000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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38861000
CY2021Q2 us-gaap Property Plant And Equipment Net
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20543000
CY2020Q2 us-gaap Property Plant And Equipment Net
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23644000
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10604000
CY2020 us-gaap Operating Lease Cost
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12308000
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202000
CY2020 us-gaap Short Term Lease Cost
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345000
CY2021 us-gaap Variable Lease Cost
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2585000
CY2020 us-gaap Variable Lease Cost
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2808000
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4600000
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913000
CY2020 us-gaap Sublease Income
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610000
CY2021 us-gaap Lease Cost
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12478000
CY2020 us-gaap Lease Cost
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14851000
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y8M12D
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y3M18D
CY2021Q2 us-gaap Lessee Operating Lease Discount Rate
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0.0392
CY2020Q2 us-gaap Lessee Operating Lease Discount Rate
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CY2019 us-gaap Current State And Local Tax Expense Benefit
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2278000
CY2021 us-gaap Current Foreign Tax Expense Benefit
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1769000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1686000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2690000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-14765000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
6026000
CY2021 us-gaap Operating Lease Payments
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13206000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
13311000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2235000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3452000
CY2020 us-gaap Deferred Income Tax Expense Benefit
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917000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11167000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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8878000
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6980000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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3117000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1577000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1496000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33215000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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2269000
CY2021Q2 us-gaap Operating Lease Liability
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30946000
CY2021 us-gaap Operating Lease Lease Income
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162000
CY2020 us-gaap Operating Lease Lease Income
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210000
CY2019 us-gaap Operating Lease Lease Income
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240000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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199000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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219000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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219000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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77000
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3038000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5068000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3256000
CY2020 us-gaap Current State And Local Tax Expense Benefit
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1302000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
10036000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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13509000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
874000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5890000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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245000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
619000
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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52000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12220000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6943000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16499000
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.014
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.001
CY2021 rgp Effective Income Tax Rate Reconciliation Change In Foreign Enacted Tax Rate Percent
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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23598000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
36148000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
41828000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-914000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-920000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6141000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
22684000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35228000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
47969000
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.090
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.049
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.031
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.013
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.060
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.032
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.028
CY2019 rgp Effective Income Tax Rate Reconciliation Long Term Capital Gain Net
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-0.061
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.078
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.041
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.028
CY2020 rgp Effective Income Tax Rate Reconciliation Global Ingtangible Low Taxed Income Percent
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0.009
CY2019 rgp Effective Income Tax Rate Reconciliation Global Ingtangible Low Taxed Income Percent
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0.011
CY2020 rgp Effective Income Tax Rate Reconciliation Deduction Worthless Stock
EffectiveIncomeTaxRateReconciliationDeductionWorthlessStock
-0.148
CY2020 rgp Effective Income Tax Rate Reconciliation Deduction Worthless Debt
EffectiveIncomeTaxRateReconciliationDeductionWorthlessDebt
-0.026
CY2021 rgp Effective Income Tax Rate Reconciliation Fin48 Adjustment
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0.001
CY2020 rgp Effective Income Tax Rate Reconciliation Fin48 Adjustment
EffectiveIncomeTaxRateReconciliationFin48Adjustment
0.016
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.008
CY2019 rgp Effective Income Tax Rate Reconciliation Change In Foreign Enacted Tax Rate Percent
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0.012
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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-0.038
CY2021 rgp Effective Income Tax Rate Reconciliation Prior Year Interest And Penalties
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0.031
CY2021 rgp Effective Income Tax Rate Reconciliation Federal Rate Benefit On Net Operating Loss Carryback
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-0.563
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.002
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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-0.112
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.197
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.344
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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268000
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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1158000
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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4567000
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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3716000
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4495000
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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2652000
CY2021Q2 rgp Deferred Tax Assets Stock Options And Restricted Stock
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4435000
CY2020Q2 rgp Deferred Tax Assets Stock Options And Restricted Stock
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4870000
CY2021Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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557000
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567000
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16931000
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12018000
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410000
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31873000
CY2020Q2 us-gaap Deferred Tax Assets Gross
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25051000
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
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13263000
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
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11069000
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18610000
CY2020Q2 us-gaap Deferred Tax Assets Net
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13982000
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547000
CY2021Q2 us-gaap Deferred Tax Liabilities Investments
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259000
CY2020Q2 us-gaap Deferred Tax Liabilities Investments
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263000
CY2021Q2 rgp Deferred Tax Liabilities Irc Section481 Adjustment
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16786000
CY2021Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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18256000
CY2020Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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17790000
CY2021Q2 us-gaap Deferred Tax Liabilities
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16691000
CY2020Q2 us-gaap Deferred Tax Liabilities
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4618000
CY2021Q2 rgp Discrete Income Tax Benefit Cares Act
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1243000
CY2021Q2 us-gaap Operating Loss Carryforwards
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CY2021Q2 us-gaap Operating Loss Carryforwards
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59100000
CY2021Q2 us-gaap Tax Credit Carryforward Amount
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CY2021Q2 rgp Operating Loss Carryforwards Expiring In Next Two Years
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139000
CY2021Q2 rgp Operating Loss Carryforwards Expiring In Next Three Years
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2511000
CY2021Q2 rgp Operating Loss Carryforwards Expiring In Year Four
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593000
CY2021Q2 rgp Operating Loss Carryforwards Expiring In Year Five
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621000
CY2021Q2 rgp Operating Loss Carryforwards Expiring After Year Five
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2524000
CY2018Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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CY2019 rgp Operating Loss Carryforwards Valuation Allowance Charged To Operations
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CY2019 rgp Operating Loss Carryforwards Valuation Allowance Currency Rate Changes
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CY2019Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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CY2019Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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CY2020 rgp Operating Loss Carryforwards Valuation Allowance Charged To Operations
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CY2020 rgp Operating Loss Carryforwards Valuation Allowance Currency Rate Changes
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CY2020Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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CY2020Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
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11069000
CY2021 rgp Operating Loss Carryforwards Valuation Allowance Charged To Operations
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CY2021Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2020Q2 us-gaap Unrecognized Tax Benefits
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CY2021 rgp Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
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CY2020 rgp Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2021Q2 us-gaap Unrecognized Tax Benefits
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872000
CY2020 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2021Q2 us-gaap Accrued Bonuses Current
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CY2020Q2 us-gaap Accrued Bonuses Current
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CY2020Q2 us-gaap Unrecognized Tax Benefits
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848000
CY2021Q2 us-gaap Unrecognized Tax Benefits
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872000
CY2020Q2 us-gaap Unrecognized Tax Benefits
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CY2021Q2 us-gaap Contract With Customer Liability
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CY2019 us-gaap Interest Expense
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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CY2021Q2 rgp Share Based Compensation Arrangement By Share Based Payment Award Estimated Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardEstimatedForfeitures
1321496
CY2020Q2 rgp Share Based Compensation Arrangement By Share Based Payment Award Estimated Forfeitures
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2391052
CY2021Q2 us-gaap Share Price
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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200000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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5200000
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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3200000
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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5400000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.88
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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0.018
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.031
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.032
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2021 us-gaap Share Based Compensation
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6613000
CY2020 us-gaap Share Based Compensation
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6057000
CY2019 us-gaap Share Based Compensation
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6570000
CY2021 us-gaap Restructuring Charges
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CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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4512000
CY2021 us-gaap Income Taxes Paid
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CY2020 us-gaap Income Taxes Paid
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CY2020 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
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1141000
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
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4610000
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2021 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
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CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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CY2020 us-gaap Interest Paid Net
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CY2019 us-gaap Interest Paid Net
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CY2021 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
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CY2020 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
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137000
CY2019 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
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2312000
CY2021 us-gaap Income Taxes Paid
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
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AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
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64617000
CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Revenues
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CY2020 us-gaap Revenues
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703353000
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CY2021Q2 us-gaap Noncurrent Assets
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CY2019 us-gaap Net Income Loss
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5228000
CY2020 us-gaap Amortization Of Intangible Assets
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5745000
CY2019 us-gaap Amortization Of Intangible Assets
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3799000
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CY2020 us-gaap Depreciation
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