$RGP
RESOURCES CONNECTION, INC.

2021 Q3 Form 10-Q Financial Statement

#000108476521000023 Filed on October 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $183.1M $147.3M
YoY Change 24.29% -14.45%
Cost Of Revenue $111.7M $89.45M
YoY Change 24.88% -14.58%
Gross Profit $71.43M $57.90M
YoY Change 23.38% -14.23%
Gross Profit Margin 39.0% 39.29%
Selling, General & Admin $51.39M $51.15M
YoY Change 0.47% -10.22%
% of Gross Profit 71.95% 88.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $919.0K $1.007M
YoY Change -8.74% -59.07%
% of Gross Profit 1.29% 1.74%
Operating Expenses $51.39M $51.15M
YoY Change 0.47% -10.22%
Operating Profit $18.02M $4.206M
YoY Change 328.39% -47.83%
Interest Expense $215.0K $495.0K
YoY Change -56.57% 2.7%
% of Operating Profit 1.19% 11.77%
Other Income/Expense, Net $306.0K $500.0K
YoY Change -38.8%
Pretax Income $18.11M $4.241M
YoY Change 327.0% -44.05%
Income Tax $5.186M $1.957M
% Of Pretax Income 28.64% 46.14%
Net Earnings $12.92M $2.284M
YoY Change 465.81% -53.76%
Net Earnings / Revenue 7.06% 1.55%
Basic Earnings Per Share $0.39 $0.07
Diluted Earnings Per Share $0.39 $0.07
COMMON SHARES
Basic Shares Outstanding 32.89M 32.18M
Diluted Shares Outstanding 33.31M 32.23M

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $61.90M $114.6M
YoY Change -45.99% 150.77%
Cash & Equivalents $61.90M $114.6M
Short-Term Investments
Other Short-Term Assets $6.725M $6.000M
YoY Change 12.08% -18.92%
Inventory
Prepaid Expenses
Receivables $129.1M $108.2M
Other Receivables $35.56M $2.800M
Total Short-Term Assets $233.3M $231.5M
YoY Change 0.75% 26.25%
LONG-TERM ASSETS
Property, Plant & Equipment $20.00M $23.08M
YoY Change -13.33% -10.81%
Goodwill $215.9M $216.1M
YoY Change -0.07% -0.15%
Intangibles $19.70M $18.66M
YoY Change 5.58% -27.59%
Long-Term Investments
YoY Change
Other Assets $1.456M $5.064M
YoY Change -71.25% 45.64%
Total Long-Term Assets $281.4M $297.6M
YoY Change -5.46% -4.98%
TOTAL ASSETS
Total Short-Term Assets $233.3M $231.5M
Total Long-Term Assets $281.4M $297.6M
Total Assets $514.6M $529.2M
YoY Change -2.75% 6.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.14M $15.30M
YoY Change 18.54% -32.89%
Accrued Expenses $59.18M $57.80M
YoY Change 2.39% 15.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $95.38M $88.06M
YoY Change 8.31% -1.09%
LONG-TERM LIABILITIES
Long-Term Debt $33.00M $88.00M
YoY Change -62.5% 20.55%
Other Long-Term Liabilities $8.323M $8.030M
YoY Change 3.65% 47.34%
Total Long-Term Liabilities $41.32M $96.03M
YoY Change -56.97% 22.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $95.38M $88.06M
Total Long-Term Liabilities $41.32M $96.03M
Total Liabilities $173.8M $219.2M
YoY Change -20.73% 5.31%
SHAREHOLDERS EQUITY
Retained Earnings $375.4M $358.3M
YoY Change 4.78% 2.17%
Common Stock $495.4M $482.2M
YoY Change 2.73% 3.23%
Preferred Stock
YoY Change
Treasury Stock (at cost) $520.7M $521.0M
YoY Change -0.06% 0.96%
Treasury Stock Shares $31.74M $31.77M
Shareholders Equity $340.8M $309.9M
YoY Change
Total Liabilities & Shareholders Equity $514.6M $529.2M
YoY Change -2.75% 6.55%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $12.92M $2.284M
YoY Change 465.81% -53.76%
Depreciation, Depletion And Amortization $919.0K $1.007M
YoY Change -8.74% -59.07%
Cash From Operating Activities $464.0K $18.59M
YoY Change -97.5% -711.78%
INVESTING ACTIVITIES
Capital Expenditures $1.021M $267.0K
YoY Change 282.4% -47.65%
Acquisitions
YoY Change
Other Investing Activities $15.00K $20.00K
YoY Change -25.0% -100.08%
Cash From Investing Activities -$1.006M -$247.0K
YoY Change 307.29% -99.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.39M -1.530M
YoY Change 644.25% -104.98%
NET CHANGE
Cash From Operating Activities 464.0K 18.59M
Cash From Investing Activities -1.006M -247.0K
Cash From Financing Activities -11.39M -1.530M
Net Change In Cash -12.49M 18.93M
YoY Change -166.0% 606.76%
FREE CASH FLOW
Cash From Operating Activities $464.0K $18.59M
Capital Expenditures $1.021M $267.0K
Free Cash Flow -$557.0K $18.32M
YoY Change -103.04% -616.32%

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-33000
CY2020Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
554000
CY2021Q3 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2420000
CY2020Q3 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-521000
CY2021Q3 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5970000
CY2020Q3 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-6102000
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1530000
CY2021Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-563000
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2118000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12492000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
18927000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74391000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95624000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61899000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114551000
CY2021Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-667000
CY2021Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
305000
CY2021Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
10000000
CY2021Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4603000
CY2020Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4512000
CY2021Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11387000
CY2020Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1028000
CY2021Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
464000
CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18586000
CY2021Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
15000
CY2020Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
20000
CY2021Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1021000
CY2020Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
267000
CY2021Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1006000
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-247000
CY2021Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1170000
CY2020Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
522000
CY2021Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2351000
CY2020Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2460000
CY2021Q3 us-gaap Nature Of Operations
NatureOfOperations
<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: .001pt;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: .001pt;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 businesses tackle transformation, change and compliance challenges by supplying the right professional talent and solutions. 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: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-indent: 0.38in;"><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: .001pt;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 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 </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;"><span style="white-space:pre-wrap; -sec-ix-hidden:ct-nonNumeric-39ed6294-b40d-4299-bacc-bd2b1d941126;">Saturday in May closest to May 31</span></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;">. The first quarters of fiscal 2022 and 2021 each consisted 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;">13</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. The Company’s fiscal 2022 will consist 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;"> weeks.</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;"> </span>
CY2021Q3 us-gaap Fiscal Period
FiscalPeriod
<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 </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;"><span style="white-space:pre-wrap; -sec-ix-hidden:ct-nonNumeric-39ed6294-b40d-4299-bacc-bd2b1d941126;">Saturday in May closest to May 31</span></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;">. The first quarters of fiscal 2022 and 2021 each consisted 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;">13</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. The Company’s fiscal 2022 will consist 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;"> weeks.</span>
CY2021Q3 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P91D
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32183000
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
419000
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
49000
CY2021Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q3 us-gaap Use Of Estimates
UseOfEstimates
<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: .001pt;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: .001pt;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>
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
12923000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
2284000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32894000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32183000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32894000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33313000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32232000
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3004000
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5324000
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
7000000.0
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
7100000
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
41300000
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
36200000
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4500000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4600000
CY2021Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
1100000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4183000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3979000
CY2021Q3 rgp Number Of Legal Entities Dissolved
NumberOfLegalEntitiesDissolved
2
CY2021Q3 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
100000
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37993000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18290000
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19703000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37580000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17340000
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20240000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3281000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3117000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2323000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
422000
CY2021Q3 rgp Finite Lived Intangible Assets Amortization Expense Years One To Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearsOneToFive
17305000
CY2021Q2 us-gaap Goodwill
Goodwill
216758000
CY2021Q3 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-829000
CY2021Q3 us-gaap Goodwill
Goodwill
215929000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7063000
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2257000
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2873000
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
76000
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
63000
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
544000
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
567000
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
245000
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
222000
CY2021Q3 us-gaap Lease Cost
LeaseCost
2632000
CY2020Q3 us-gaap Lease Cost
LeaseCost
3281000
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
2912000
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3274000
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
468000
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1020000
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M7D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2021Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0386
CY2021Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0392
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
8300000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8987000
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
156000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3201000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1667000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1041000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30259000
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1570000
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
28689000
CY2021Q3 us-gaap Area Of Real Estate Property
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57000
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
48000
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
55000
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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151000
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
219000
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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219000
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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77000
CY2021Q3 us-gaap Income Tax Expense Benefit
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5200000
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.286
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000000.0
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.461
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-300000
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
200000
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
900000
CY2020Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2021Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2021Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.14
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1016000
CY2021Q3 us-gaap Restructuring And Related Cost Cost Incurred To Date1
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13397000
CY2021Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
4707000
CY2020Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
873000
CY2021Q3 us-gaap Interest Paid Net
InterestPaidNet
224000
CY2020Q3 us-gaap Interest Paid Net
InterestPaidNet
460000
CY2021Q3 us-gaap Dividends Payable Current And Noncurrent
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4640000
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4509000
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1600000
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1400000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
15.80
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4304000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.82
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3018000
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.02
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
4268000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
183140000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147346000
CY2021Q3 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
22352000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4556000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.78
CY2021Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
80000
CY2021Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.92
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
33000
CY2021Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
17.65
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
139000
CY2021Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
15.21
CY2020Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020Q3 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
10216000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
12923000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
2284000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1103000
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1530000
CY2020Q3 us-gaap Interest Expense
InterestExpense
495000
CY2021Q3 us-gaap Depreciation
Depreciation
919000
CY2020Q3 us-gaap Depreciation
Depreciation
1007000
CY2021Q3 us-gaap Interest Expense
InterestExpense
215000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5186000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1957000
CY2021Q3 rgp Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
20346000
CY2020Q3 rgp Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
7273000
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1629000
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1397000
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
156000
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1016000
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
221000
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
530000
CY2021Q3 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
22352000
CY2020Q3 rgp Adjusted Eearnings Before Interest Taxes Depreciation And Amortization
AdjustedEearningsBeforeInterestTaxesDepreciationAndAmortization
10216000

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