$RLGT
RADIANT LOGISTICS, INC

2024 Q1 Form 10-Q Financial Statement

#000095017024012870 Filed on February 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $184.6M $201.1M
YoY Change -24.41% -27.7%
Cost Of Revenue $131.4M $139.1M
YoY Change -25.81% -31.85%
Gross Profit $53.12M $62.00M
YoY Change -20.74% -16.25%
Gross Profit Margin 28.78% 30.83%
Selling, General & Admin $9.994M $10.60M
YoY Change -5.64% 22.67%
% of Gross Profit 18.81% 17.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.957M $1.810M
YoY Change 2.57% -3.1%
% of Gross Profit 3.68% 2.92%
Operating Expenses $185.5M $199.4M
YoY Change -22.05% -26.41%
Operating Profit -$906.0K $1.664M
YoY Change -114.48% -76.71%
Interest Expense $250.0K $291.0K
YoY Change -63.4% -60.78%
% of Operating Profit 17.49%
Other Income/Expense, Net $340.0K -$145.0K
YoY Change -192.39% -80.9%
Pretax Income -$566.0K $1.519M
YoY Change -109.61% -76.21%
Income Tax $49.00K $404.0K
% Of Pretax Income 26.6%
Net Earnings -$703.0K $985.0K
YoY Change -116.81% -79.63%
Net Earnings / Revenue -0.38% 0.49%
Basic Earnings Per Share -$0.02 $0.02
Diluted Earnings Per Share -$0.02 $0.02
COMMON SHARES
Basic Shares Outstanding 46.92M 46.94M
Diluted Shares Outstanding 46.96M 48.91M

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.23M $32.88M
YoY Change -38.77% -46.98%
Cash & Equivalents $31.23M $32.88M
Short-Term Investments
Other Short-Term Assets $11.54M $12.80M
YoY Change -11.53% -16.88%
Inventory
Prepaid Expenses
Receivables $105.5M $106.3M
Other Receivables $4.223M $2.139M
Total Short-Term Assets $159.8M $161.3M
YoY Change -26.06% -35.22%
LONG-TERM ASSETS
Property, Plant & Equipment $26.23M $26.33M
YoY Change 3.86% 11.26%
Goodwill $90.42M $89.25M
YoY Change 1.64% 0.37%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $178.0M $175.4M
YoY Change -7.6% -11.04%
Total Long-Term Assets $204.2M $201.7M
YoY Change -6.27% -8.65%
TOTAL ASSETS
Total Short-Term Assets $159.8M $161.3M
Total Long-Term Assets $204.2M $201.7M
Total Assets $364.0M $363.0M
YoY Change -16.12% -22.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.27M $71.21M
YoY Change -25.87% -33.76%
Accrued Expenses $7.822M $8.625M
YoY Change 8.9% -4.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $639.0K $1.826M
YoY Change -86.05% -59.38%
Total Short-Term Liabilities $105.5M $107.6M
YoY Change -25.68% -32.32%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $48.78M $46.21M
YoY Change -10.24% -16.25%
Total Long-Term Liabilities $52.29M $48.37M
YoY Change -38.87% -55.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $105.5M $107.6M
Total Long-Term Liabilities $52.29M $48.37M
Total Liabilities $157.8M $155.9M
YoY Change -30.64% -41.94%
SHAREHOLDERS EQUITY
Retained Earnings $128.5M $129.2M
YoY Change 4.94% 9.24%
Common Stock $33.00K $33.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $30.15M $30.15M
YoY Change 43.53% 43.53%
Treasury Stock Shares
Shareholders Equity $206.0M $206.9M
YoY Change
Total Liabilities & Shareholders Equity $364.0M $363.0M
YoY Change -16.12% -22.73%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income -$703.0K $985.0K
YoY Change -116.81% -79.63%
Depreciation, Depletion And Amortization $1.957M $1.810M
YoY Change 2.57% -3.1%
Cash From Operating Activities $3.908M $4.202M
YoY Change -62.99% -89.72%
INVESTING ACTIVITIES
Capital Expenditures $3.991M $2.646M
YoY Change 10.22% -53.93%
Acquisitions
YoY Change
Other Investing Activities $33.00K $198.0K
YoY Change -28.26% 1423.08%
Cash From Investing Activities -$3.958M -$2.448M
YoY Change 10.71% -57.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.481M -4.797M
YoY Change -93.06% -193.07%
NET CHANGE
Cash From Operating Activities 3.908M 4.202M
Cash From Investing Activities -3.958M -2.448M
Cash From Financing Activities -1.481M -4.797M
Net Change In Cash -1.531M -3.043M
YoY Change -89.33% -107.55%
FREE CASH FLOW
Cash From Operating Activities $3.908M $4.202M
Capital Expenditures $3.991M $2.646M
Free Cash Flow -$83.00K $1.556M
YoY Change -101.2% -95.57%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001171155
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2023Q2 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-35392
dei Entity Registrant Name
EntityRegistrantName
RADIANT LOGISTICS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-3625550
dei Entity Address Address Line1
EntityAddressAddressLine1
Triton Tower Two
dei Entity Address Address Line2
EntityAddressAddressLine2
700 S Renton Village Place, Seventh Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
Renton
dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98057
dei City Area Code
CityAreaCode
425
dei Local Phone Number
LocalPhoneNumber
462-1094
dei Security12b Title
Security12bTitle
Common Stock, $0.001 Par Value
dei Trading Symbol
TradingSymbol
RLGT
dei Security Exchange Name
SecurityExchangeName
NYSEAMER
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
46923036
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32883000
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32456000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3597000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2776000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
106297000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
126725000
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
7227000
CY2023Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
6180000
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2139000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12799000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15211000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
161345000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
180572000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26327000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25389000
CY2023Q4 us-gaap Goodwill
Goodwill
89251000
CY2023Q2 us-gaap Goodwill
Goodwill
89203000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31746000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
36641000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
50042000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
56773000
CY2023Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
4333000
CY2023Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
5163000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
175372000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
187780000
CY2023Q4 us-gaap Assets
Assets
363044000
CY2023Q2 us-gaap Assets
Assets
393741000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
71213000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
84561000
CY2023Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
14476000
CY2023Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
18360000
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8625000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8739000
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
369000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1826000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4107000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10535000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11273000
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
583000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
620000
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3886000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
300000
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
258000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
107558000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
132173000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
46119000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
52120000
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
704000
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1121000
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
90000
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
287000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1456000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2944000
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
48369000
CY2023Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
56472000
CY2023Q4 us-gaap Liabilities
Liabilities
155927000
CY2023Q2 us-gaap Liabilities
Liabilities
188645000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51762706
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51603386
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46921448
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47294529
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
33000
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
33000
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
109728000
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
108516000
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4841258
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4308857
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
30148000
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
27067000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
129200000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
125593000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1936000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2205000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
206877000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
204870000
CY2023Q4 us-gaap Minority Interest
MinorityInterest
240000
CY2023Q2 us-gaap Minority Interest
MinorityInterest
226000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
207117000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
205096000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
363044000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
393741000
CY2023Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
201082000
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
278119000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
411880000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
609090000
CY2023Q4 rlgt Cost Of Transportation And Other Services
CostOfTransportationAndOtherServices
139085000
CY2022Q4 rlgt Cost Of Transportation And Other Services
CostOfTransportationAndOtherServices
204091000
rlgt Cost Of Transportation And Other Services
CostOfTransportationAndOtherServices
289057000
rlgt Cost Of Transportation And Other Services
CostOfTransportationAndOtherServices
458582000
CY2023Q4 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
25818000
CY2022Q4 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
30512000
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
49601000
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
60617000
CY2023Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
19760000
CY2022Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
20641000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
39387000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
40412000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10595000
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8667000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20069000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17437000
CY2023Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4364000
CY2022Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6914000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
8890000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
13693000
CY2023Q4 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-204000
CY2022Q4 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
150000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-450000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
310000
CY2023Q4 us-gaap Operating Expenses
OperatingExpenses
199418000
CY2022Q4 us-gaap Operating Expenses
OperatingExpenses
270975000
us-gaap Operating Expenses
OperatingExpenses
406554000
us-gaap Operating Expenses
OperatingExpenses
591051000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1664000
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
7144000
us-gaap Operating Income Loss
OperatingIncomeLoss
5326000
us-gaap Operating Income Loss
OperatingIncomeLoss
18039000
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
621000
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
59000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1207000
us-gaap Investment Income Interest
InvestmentIncomeInterest
98000
CY2023Q4 us-gaap Interest Expense
InterestExpense
291000
CY2022Q4 us-gaap Interest Expense
InterestExpense
742000
us-gaap Interest Expense
InterestExpense
593000
us-gaap Interest Expense
InterestExpense
1563000
CY2023Q4 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-79000
CY2022Q4 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
4000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
15000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
471000
CY2023Q4 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-531000
CY2022Q4 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-104000
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-733000
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
587000
CY2023Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
135000
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
24000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
162000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
29000
CY2023Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-145000
CY2022Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-759000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
58000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-378000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1519000
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6385000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5384000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17661000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
404000
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1460000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1418000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4224000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
1115000
CY2022Q4 us-gaap Profit Loss
ProfitLoss
4925000
us-gaap Profit Loss
ProfitLoss
3966000
us-gaap Profit Loss
ProfitLoss
13437000
CY2023Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
130000
CY2022Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
89000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
359000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
168000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
985000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
4836000
us-gaap Net Income Loss
NetIncomeLoss
3607000
us-gaap Net Income Loss
NetIncomeLoss
13269000
CY2023Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1397000
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
901000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
269000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2577000
CY2023Q4 rlgt Comprehensive Income Available To Common Stockholders Basic Net Of Tax
ComprehensiveIncomeAvailableToCommonStockholdersBasicNetOfTax
2512000
CY2022Q4 rlgt Comprehensive Income Available To Common Stockholders Basic Net Of Tax
ComprehensiveIncomeAvailableToCommonStockholdersBasicNetOfTax
5826000
rlgt Comprehensive Income Available To Common Stockholders Basic Net Of Tax
ComprehensiveIncomeAvailableToCommonStockholdersBasicNetOfTax
4235000
rlgt Comprehensive Income Available To Common Stockholders Basic Net Of Tax
ComprehensiveIncomeAvailableToCommonStockholdersBasicNetOfTax
10860000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46990818
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48243204
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47144388
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48494260
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48907452
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49427420
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48991819
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49865216
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
205096000
CY2023Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
230000
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
331000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
881000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
2851000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1128000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
207139000
CY2023Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2851000
CY2023Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
32000
CY2023Q4 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
345000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
694000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
1115000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1397000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
207117000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
194557000
CY2022Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1340000
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
442000
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1000
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
75000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
609000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
8512000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3478000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
198344000
CY2022Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3660000
CY2022Q4 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
24606
CY2022Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
15000
CY2022Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
192000
CY2022Q4 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
75000
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
679000
CY2022Q4 us-gaap Profit Loss
ProfitLoss
4925000
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
901000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
201291000
us-gaap Profit Loss
ProfitLoss
3966000
us-gaap Profit Loss
ProfitLoss
13437000
us-gaap Share Based Compensation
ShareBasedCompensation
1575000
us-gaap Share Based Compensation
ShareBasedCompensation
1288000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5197000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10009000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3693000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3684000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1489000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1666000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
255000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
250000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-450000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
310000
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-733000
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
587000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-916000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
391000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19578000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-62080000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1047000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-12948000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2473000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2034000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2462000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1002000
rlgt Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-5866000
rlgt Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-5186000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13396000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-31041000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3903000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1567000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-79000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2387000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-5843000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4135000
rlgt Increase Decrease In Payment Of Contingent Consideration
IncreaseDecreaseInPaymentOfContingentConsideration
3473000
rlgt Increase Decrease In Payment Of Contingent Consideration
IncreaseDecreaseInPaymentOfContingentConsideration
2500000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12088000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
67020000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
100000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3250000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5019000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3442000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
202000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
31000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4917000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6661000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
67500000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
82500000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
119000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
820000
rlgt Repayments Of Notes Payable And Finance Lease Liability
RepaymentsOfNotesPayableAndFinanceLeaseLiability
2618000
rlgt Repayments Of Notes Payable And Finance Lease Liability
RepaymentsOfNotesPayableAndFinanceLeaseLiability
2478000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3081000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
250000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
345000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
150000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
193000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
367000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
457000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6776000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23712000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
32000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
899000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
4836000
us-gaap Net Income Loss
NetIncomeLoss
3607000
us-gaap Net Income Loss
NetIncomeLoss
13269000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46990818
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
427000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
37546000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33062000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25067000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33489000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62613000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32883000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62020000
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
606000
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
593000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33489000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62613000
us-gaap Income Taxes Paid
IncomeTaxesPaid
5380000
us-gaap Income Taxes Paid
IncomeTaxesPaid
8388000
us-gaap Interest Paid Net
InterestPaidNet
267000
us-gaap Interest Paid Net
InterestPaidNet
1157000
rlgt Number Of Operating Locations
NumberOfOperatingLocations
100
rlgt Number Of Owned Offices
NumberOfOwnedOffices
25
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:-4.749%;padding-left:4.533%;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">b) Use of Estimates</span></p><p id="ole_link1" style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of condensed consolidated financial statements and related disclosures in accordance with accounting principles generally accepted in the United States (“U.S. 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 condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be based upon amounts that could differ from these estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></p>
rlgt Debt Instrument Interest Repayment Period
DebtInstrumentInterestRepaymentPeriod
P5M
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
606000
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
606000
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
17737000
CY2023Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
22515000
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2776000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
223000
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
318000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
741000
rlgt Allowance For Credit Loss Foreign Currency Translation
AllowanceForCreditLossForeignCurrencyTranslation
15000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3597000
us-gaap Number Of Reporting Units
NumberOfReportingUnits
2
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48243204
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47144388
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48494260
CY2023Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1916634
CY2022Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1184216
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1847431
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1370956
us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2023Q4 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
386000
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
852000
CY2022Q4 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
399000
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
863000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P3Y
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48907452
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
278119000
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
278119000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
609090000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
609090000
CY2023Q4 us-gaap Derivative Instruments In Hedges At Fair Value Net
DerivativeInstrumentsInHedgesAtFairValueNet
0
us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
0
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:-4.749%;padding-left:4.533%;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">s) Reclassification of Previously Issued Financial Statements</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain amounts in the prior period have been reclassified in the condensed consolidated financial statements to conform to the current year presentation. There has been no impact on previously reported net income or stockholders’ equity from such reclassification.</span></p>
CY2023Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
201082000
CY2023Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
201082000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
411880000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
411880000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
985000
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49427420
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48991819
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49865216
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
110000
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
110000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
105000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
105000
rlgt Operating And Financing Lease Expiration Month And Year
OperatingAndFinancingLeaseExpirationMonthAndYear
2033-12
rlgt Undiscounted Future Lease Payments
UndiscountedFutureLeasePayments
27009000
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3656000
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3610000
us-gaap Operating Lease Cost
OperatingLeaseCost
7376000
us-gaap Operating Lease Cost
OperatingLeaseCost
6623000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
176000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
180000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
384000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
333000
CY2023Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
12000
CY2022Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
18000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
33000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
37000
CY2023Q4 rlgt Finance Lease Cost
FinanceLeaseCost
188000
CY2022Q4 rlgt Finance Lease Cost
FinanceLeaseCost
198000
rlgt Finance Lease Cost
FinanceLeaseCost
417000
rlgt Finance Lease Cost
FinanceLeaseCost
370000
us-gaap Operating Lease Payments
OperatingLeasePayments
7353000
us-gaap Operating Lease Payments
OperatingLeasePayments
5409000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
36000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
37000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
306000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
296000
rlgt Right Of Use Asset Obtained Remeasured In Exchange For Operating Lease Liability
RightOfUseAssetObtainedRemeasuredInExchangeForOperatingLeaseLiability
-265000
rlgt Right Of Use Asset Obtained Remeasured In Exchange For Operating Lease Liability
RightOfUseAssetObtainedRemeasuredInExchangeForOperatingLeaseLiability
25096000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
50042000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
56773000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10535000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11273000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
46119000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
52120000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
56654000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
63393000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1299000
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1878000
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
583000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
620000
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
704000
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1121000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1287000
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1741000
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0539
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0529
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0537
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0493
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6571000
CY2023Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
317000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13330000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
627000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12109000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
270000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10712000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
48000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6700000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
48000
CY2023Q4 rlgt Lessee Operating Lease Liability Payments Due After Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFour
17963000
CY2023Q4 rlgt Finance Lease Liability Payments Due In Rolling After Year Four
FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFour
70000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
67385000
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1380000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10731000
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
93000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
56654000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1287000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
67520000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
63513000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
41193000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38124000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26327000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25389000
CY2023Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1810000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3693000
CY2022Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1868000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3684000
CY2023Q2 us-gaap Goodwill
Goodwill
89203000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
48000
CY2023Q4 us-gaap Goodwill
Goodwill
89251000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
139743000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
107997000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31746000
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
139501000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
102860000
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
36641000
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2554000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5197000
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5046000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10009000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5001000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
8192000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3457000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2880000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2250000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.38
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y10M24D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2211000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
880923
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y4M24D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2302000
CY2023Q4 us-gaap Secured Debt
SecuredDebt
1868000
CY2023Q2 us-gaap Secured Debt
SecuredDebt
4204000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
42000
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
97000
CY2023Q4 us-gaap Notes Payable
NotesPayable
1826000
CY2023Q2 us-gaap Notes Payable
NotesPayable
4107000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1826000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4107000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1868000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1868000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
rlgt Fair Value Financial Instrument Level Of Transfer Amount
FairValueFinancialInstrumentLevelOfTransferAmount
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5591
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.26
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
21000
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
940923
CY2023Q4 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1545000
CY2022Q4 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2628000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2907000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5890000
CY2023Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1141000
CY2022Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1168000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1489000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1666000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
404000
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1460000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1418000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4224000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2822
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2438
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
946514
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.37
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.17
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y6M10D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2211000
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">NOTE 15 – COMMITMENTS AND CONTINGENCIES</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Legal Proceedings</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company and its subsidiaries may be subject to legal actions and claims arising from contracts or other matters from time to time in the ordinary course of business. Management is not aware of any pending or threatened legal proceedings, except as described below, that are considered other than routine legal proceedings. The Company believes that the ultimate disposition or resolution of its routine legal proceedings, in the aggregate, are not material to its financial position, results of operations and liquidity.</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company initiated claims against a former customer for unpaid accounts receivable. In response, the former customer has claimed damages against the Company for alleged fines and penalties, detention and demurrage charges paid or due to carriers, and for damaged or lost product. The matter is in its preliminary stage and the Company is not yet able to reasonably estimate a possible loss or range of loss, if any. The Company intends to defend against these claims. The outcome of litigation is inherently unpredictable and subject to significant uncertainties. An adverse outcome could have a material impact on the Company’s results of operations and cash flows.</span></p><p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Contingent Consideration and Earn-out Payments</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company’s agreements with respect to previous acquisitions contain future consideration provisions, which provide for the selling equity owners to receive additional consideration if specified operating results and financial objectives are achieved in future periods. </span><span style="font-size:10pt;font-family:Times New Roman;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Earn-out payments are generally due annually </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">following the first anniversary of each respective acquisition.</span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> The estimated discounted earn-out payments to be paid during the fiscal year ended June 30, 2027 is $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">90</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Other Contractual Commitments</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">As of December 31, 2023, the Company has </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">$</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,556</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> of n</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">on-cancelable contractual commitments related to warehouse equipment associated with operating leases that have not yet commenced. The amounts are expected to be paid within one year.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023Q4 rlgt Earn Out Payments Payable
EarnOutPaymentsPayable
90000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
201082000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1664000
CY2023Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-145000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1519000
CY2023Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4364000
CY2023Q4 us-gaap Assets
Assets
363044000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26327000
CY2023Q4 us-gaap Goodwill
Goodwill
89251000
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
278119000
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
7144000
CY2022Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-759000
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6385000
CY2022Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6914000
CY2022Q4 us-gaap Assets
Assets
469859000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23663000
CY2022Q4 us-gaap Goodwill
Goodwill
88924000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
411880000
us-gaap Operating Income Loss
OperatingIncomeLoss
5326000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
58000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5384000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
8890000
CY2023Q4 us-gaap Assets
Assets
363044000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26327000
CY2023Q4 us-gaap Goodwill
Goodwill
89251000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
609090000
us-gaap Operating Income Loss
OperatingIncomeLoss
18039000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-378000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17661000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
13693000
CY2022Q4 us-gaap Assets
Assets
469859000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23663000
CY2022Q4 us-gaap Goodwill
Goodwill
88924000

Files In Submission

Name View Source Status
Show.js Edgar Link pending
0000950170-24-012870-index-headers.html Edgar Link pending
0000950170-24-012870-index.html Edgar Link pending
0000950170-24-012870.txt Edgar Link pending
0000950170-24-012870-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rlgt-20231231.htm Edgar Link pending
rlgt-20231231.xsd Edgar Link pending
rlgt-ex31_1.htm Edgar Link pending
rlgt-ex31_2.htm Edgar Link pending
rlgt-ex32_1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
rlgt-20231231_htm.xml Edgar Link completed