2020 Q2 Form 10-Q Financial Statement

#000164437820000029 Filed on August 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $138.6M $143.7M
YoY Change -3.53% 131.48%
Cost Of Revenue $85.70M $85.70M
YoY Change 0.0%
Gross Profit $53.00M $58.00M
YoY Change -8.62% -6.6%
Gross Profit Margin 38.23% 40.36%
Selling, General & Admin $37.20M $37.50M
YoY Change -0.8% 0.0%
% of Gross Profit 70.19% 64.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $200.0K $300.0K
YoY Change -33.33% 50.0%
% of Gross Profit 0.38% 0.52%
Operating Expenses $123.5M $123.8M
YoY Change -0.2% 207.37%
Operating Profit $15.14M $19.96M
YoY Change -24.15% -8.53%
Interest Expense $2.900M $1.900M
YoY Change 52.63% 72.73%
% of Operating Profit 19.15% 9.52%
Other Income/Expense, Net
YoY Change
Pretax Income $18.00M $15.60M
YoY Change 15.41% -31.91%
Income Tax $2.608M $2.226M
% Of Pretax Income 14.49% 14.27%
Net Earnings $6.717M $5.849M
YoY Change 14.84% -30.21%
Net Earnings / Revenue 4.84% 4.07%
Basic Earnings Per Share $0.41 $0.36
Diluted Earnings Per Share $0.41 $0.36
COMMON SHARES
Basic Shares Outstanding 16.20M shares 16.14M shares
Diluted Shares Outstanding 31.20M shares 16.15M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $393.7M $377.1M
YoY Change 4.4% 34.44%
Cash & Equivalents $393.7M $377.1M
Short-Term Investments
Other Short-Term Assets $3.600M $7.400M
YoY Change -51.35% -26.73%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $476.6M $459.5M
YoY Change 3.71% 45.95%
LONG-TERM ASSETS
Property, Plant & Equipment $2.148M $2.172M
YoY Change -1.1% -19.94%
Goodwill $1.859M $1.859M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $6.974M $6.608M
YoY Change 5.54% -42.14%
Other Assets $146.1M $155.5M
YoY Change -6.06% -5.71%
Total Long-Term Assets $228.2M $200.9M
YoY Change 13.56% -5.57%
TOTAL ASSETS
Total Short-Term Assets $476.6M $459.5M
Total Long-Term Assets $228.2M $200.9M
Total Assets $704.7M $660.4M
YoY Change 6.71% 25.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.90M $94.60M
YoY Change -67.34% 85.49%
Accrued Expenses $5.300M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $95.33M $94.65M
YoY Change 0.72% 85.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $68.90M $38.90M
YoY Change 77.12% -7.82%
Total Long-Term Liabilities $68.90M $38.90M
YoY Change 77.12% -7.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $95.33M $94.65M
Total Long-Term Liabilities $68.90M $38.90M
Total Liabilities $164.3M $133.6M
YoY Change 22.98% 43.29%
SHAREHOLDERS EQUITY
Retained Earnings $280.1M $249.1M
YoY Change 12.44% 42.59%
Common Stock $105.9M $102.8M
YoY Change 2.93% 4.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $295.2M $285.5M
YoY Change
Total Liabilities & Shareholders Equity $704.7M $662.9M
YoY Change 6.31% 25.64%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $6.717M $5.849M
YoY Change 14.84% -30.21%
Depreciation, Depletion And Amortization $200.0K $300.0K
YoY Change -33.33% 50.0%
Cash From Operating Activities $30.10M $18.00M
YoY Change 67.22% -20.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$200.0K
YoY Change -100.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$5.600M
YoY Change -100.0%
Cash From Investing Activities $0.00 -$5.800M
YoY Change -100.0% 2800.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.70M -19.20M
YoY Change -28.65% 6.08%
NET CHANGE
Cash From Operating Activities 30.10M 18.00M
Cash From Investing Activities 0.000 -5.800M
Cash From Financing Activities -13.70M -19.20M
Net Change In Cash 16.40M -7.000M
YoY Change -334.29% -266.67%
FREE CASH FLOW
Cash From Operating Activities $30.10M $18.00M
Capital Expenditures $0.00 -$200.0K
Free Cash Flow $30.10M $18.20M
YoY Change 65.38% -19.82%

Facts In Submission

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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
536089000 USD
CY2019Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
862000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
18708000 USD
CY2019Q1 rmr Distribution Madeto Limited Liability Company Llc Member Tax Distributions
DistributionMadetoLimitedLiabilityCompanyLLCMemberTaxDistributions
11616000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10180000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10000 USD
CY2019Q1 rmr Stockholders Equity Reclassification Due To Discontinued Operations
StockholdersEquityReclassificationDueToDiscontinuedOperations
75000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
533778000 USD
CY2019Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1177000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
13373000 USD
CY2019Q2 rmr Distribution Madeto Limited Liability Company Llc Member Tax Distributions
DistributionMadetoLimitedLiabilityCompanyLLCMemberTaxDistributions
8819000 USD
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10184000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
529325000 USD
us-gaap Profit Loss
ProfitLoss
51940000 USD
us-gaap Profit Loss
ProfitLoss
150161000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
731000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
762000 USD
us-gaap Straight Line Rent
StraightLineRent
-124000 USD
us-gaap Straight Line Rent
StraightLineRent
-166000 USD
rmr Amortization Of Other Assets
AmortizationOfOtherAssets
7062000 USD
rmr Amortization Of Other Assets
AmortizationOfOtherAssets
7062000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
120265000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1037000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1108000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-293000 USD
rmr Noncash Expense Paidin Common Stock
NoncashExpensePaidinCommonStock
2658000 USD
rmr Noncash Expense Paidin Common Stock
NoncashExpensePaidinCommonStock
3764000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
6213000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
318000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
721000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
198000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
916000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
-2978000 USD
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-10393000 USD
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
50183000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2253000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3012000 USD
rmr Increase Decreasein Incentive Fee Dueto Related Party
IncreaseDecreaseinIncentiveFeeDuetoRelatedParty
-6782000 USD
rmr Increase Decreasein Incentive Fee Dueto Related Party
IncreaseDecreaseinIncentiveFeeDuetoRelatedParty
53375000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10535000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16956000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
78790000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
193853000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
404000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
299000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
8382000 USD
rmr Payments To Acquire Other Equity Method Investments
PaymentsToAcquireOtherEquityMethodInvestments
0 USD
rmr Payments To Acquire Other Equity Method Investments
PaymentsToAcquireOtherEquityMethodInvestments
5650000 USD
rmr Payments For Advances To Equity Method Investments
PaymentsForAdvancesToEquityMethodInvestments
0 USD
rmr Payments For Advances To Equity Method Investments
PaymentsForAdvancesToEquityMethodInvestments
14220000 USD
rmr Proceeds From Repayment Of Line Of Credit Equity Method Investment
ProceedsFromRepaymentOfLineOfCreditEquityMethodInvestment
0 USD
rmr Proceeds From Repayment Of Line Of Credit Equity Method Investment
ProceedsFromRepaymentOfLineOfCreditEquityMethodInvestment
14220000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-404000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14331000 USD
rmr Paymentsto Noncontrolling Interests Dividendsand Tax Distributions
PaymentstoNoncontrollingInterestsDividendsandTaxDistributions
24435000 USD
rmr Paymentsto Noncontrolling Interests Dividendsand Tax Distributions
PaymentstoNoncontrollingInterestsDividendsandTaxDistributions
41972000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18589000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17044000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
155000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
156000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43179000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-59172000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-85000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
35207000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
916000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
-2978000 USD
rmr Business Management Fee Shared Service Fee
BusinessManagementFeeSharedServiceFee
964000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
393655000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
358448000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
256848000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
377113000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
6385000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
22185000 USD
rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
1394000 USD
rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
2954000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
39746000 USD
rmr Property Management Fee Gross Collected Rents Percent
PropertyManagementFeeGrossCollectedRentsPercent
0.030
rmr Property Management Fee Construction Supervision Percent
PropertyManagementFeeConstructionSupervisionPercent
0.050
CY2020Q2 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
11618000 USD
CY2019Q2 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
11626000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
35851000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
33603000 USD
CY2020Q2 rmr Business Management Fee Shared Service Fee
BusinessManagementFeeSharedServiceFee
250000 USD
CY2019Q2 rmr Business Management Fee Shared Service Fee
BusinessManagementFeeSharedServiceFee
370000 USD
rmr Business Management Fee Shared Service Fee
BusinessManagementFeeSharedServiceFee
1076000 USD
CY2020Q2 rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
736000 USD
CY2019Q2 rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
882000 USD
rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
1394000 USD
rmr Reimbursement Revenue Derived From Equity Based Compensation
ReimbursementRevenueDerivedFromEquityBasedCompensation
2954000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
458000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
174000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
318000 USD
CY2020Q2 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
4598000 USD
CY2019Q3 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
3682000 USD
CY2020Q2 rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
1678000 USD
CY2019Q2 rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
-731000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2608000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2226000 USD
CY2020Q2 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1900000 USD
CY2019Q2 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1624000 USD
CY2020Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
708000 USD
CY2019Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
602000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8944000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24335000 USD
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
6578000 USD
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
17756000 USD
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
2366000 USD
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
6579000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.028
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.001
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.006
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.001
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.001
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.102
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.101
us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.101
us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.101
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.145
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.143
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.147
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.140
CY2019Q2 rmr Percentage Of Revenue From Unrelated Parties
PercentageOfRevenueFromUnrelatedParties
0.001
rmr Revenues From Unrelated Parties
RevenuesFromUnrelatedParties
865000 USD
CY2020Q2 rmr Percentage Of Revenue From Unrelated Parties
PercentageOfRevenueFromUnrelatedParties
0
CY2019Q2 rmr Revenues From Unrelated Parties
RevenuesFromUnrelatedParties
209000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
563000 USD
CY2020Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
138615000 USD
CY2020Q2 rmr Percentage Of Revenue From Related Parties
PercentageOfRevenueFromRelatedParties
1.000
CY2019Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
143506000 USD
CY2019Q2 rmr Percentage Of Revenue From Related Parties
PercentageOfRevenueFromRelatedParties
0.999
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
438537000 USD
rmr Percentage Of Revenue From Related Parties
PercentageOfRevenueFromRelatedParties
0.998
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
553718000 USD
rmr Percentage Of Revenue From Related Parties
PercentageOfRevenueFromRelatedParties
0.999
CY2020Q2 rmr Revenues From Unrelated Parties
RevenuesFromUnrelatedParties
34000 USD
rmr Percentage Of Revenue From Unrelated Parties
PercentageOfRevenueFromUnrelatedParties
0.002
rmr Revenues From Unrelated Parties
RevenuesFromUnrelatedParties
406000 USD
rmr Percentage Of Revenue From Unrelated Parties
PercentageOfRevenueFromUnrelatedParties
0.001
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138649000 USD
CY2020Q2 rmr Percentage Of Revenue
PercentageOfRevenue
1.000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
143715000 USD
CY2019Q2 rmr Percentage Of Revenue
PercentageOfRevenue
1.000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
439402000 USD
rmr Percentage Of Revenue
PercentageOfRevenue
1.000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
554124000 USD
rmr Percentage Of Revenue
PercentageOfRevenue
1.000
CY2020Q2 us-gaap Due From Related Parties
DueFromRelatedParties
85149000 USD
CY2019Q3 us-gaap Due From Related Parties
DueFromRelatedParties
102759000 USD
CY2020Q2 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2019Q2 us-gaap Severance Costs1
SeveranceCosts1
239000 USD
us-gaap Severance Costs1
SeveranceCosts1
645000 USD
us-gaap Severance Costs1
SeveranceCosts1
7050000 USD
rmr Numberof Vesting Installments
NumberofVestingInstallments
5 vesting_installment
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22468000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65789000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8678000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
452000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1789000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1395000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
109210 shares
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
6717000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
5849000 USD
us-gaap Net Income Loss
NetIncomeLoss
22634000 USD
us-gaap Net Income Loss
NetIncomeLoss
66226000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
48000 USD
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
37000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
166000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
437000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6669000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5812000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
29306000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2608000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8944000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
5313000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
18114000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
12642000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5812000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
42604000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
65789000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16198000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16137000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16187000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16126000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
15000000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
0 shares
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
15000000 shares
us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
0 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
12000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
16000 shares
CY2020Q2 rmr Lessee Operating Lease Lease Notyet Commenced Liability
LesseeOperatingLeaseLeaseNotyetCommencedLiability
771000 USD
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31198000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16149000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31187000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16142000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.08
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.08
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1568000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
4794000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
143000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
504000 USD
CY2020Q2 us-gaap Straight Line Rent
StraightLineRent
-52000 USD
us-gaap Straight Line Rent
StraightLineRent
-124000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
11000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
44000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M6D
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1349000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5480000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5555000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4926000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4428000 USD
CY2020Q2 rmr Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
21400000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
43138000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5639000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
37499000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4343000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33156000 USD
CY2019Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
30103000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7670000 USD
CY2020Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
727000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
458000 USD
CY2020Q2 rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
1678000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18003000 USD
CY2019Q2 rmr Reimbursed Expense
ReimbursedExpense
85689000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138649000 USD
CY2020Q2 us-gaap Salaries And Wages
SalariesAndWages
29569000 USD
CY2020Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1299000 USD
CY2020Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
30868000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6335000 USD
CY2020Q2 rmr Reimbursed Expense
ReimbursedExpense
85650000 USD
CY2020Q2 rmr Transaction And Acquisition Related Costs Operating Expense
TransactionAndAcquisitionRelatedCostsOperatingExpense
427000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
229000 USD
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
123509000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
15140000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2608000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
15395000 USD
CY2020Q2 us-gaap Assets
Assets
704723000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
439402000 USD
us-gaap Salaries And Wages
SalariesAndWages
89888000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3183000 USD
us-gaap Severance Costs1
SeveranceCosts1
645000 USD
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
93716000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20678000 USD
rmr Reimbursed Expense
ReimbursedExpense
267852000 USD
rmr Transaction And Acquisition Related Costs Operating Expense
TransactionAndAcquisitionRelatedCostsOperatingExpense
1596000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
731000 USD
us-gaap Operating Expenses
OperatingExpenses
384573000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
54829000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
4102000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1037000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
916000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
60884000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8944000 USD
us-gaap Profit Loss
ProfitLoss
51940000 USD
CY2020Q2 us-gaap Assets
Assets
704723000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
143715000 USD
CY2019Q2 us-gaap Salaries And Wages
SalariesAndWages
28530000 USD
CY2019Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1334000 USD
CY2019Q2 us-gaap Severance Costs1
SeveranceCosts1
239000 USD
CY2019Q2 us-gaap Assets
Assets
660439000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
554124000 USD
us-gaap Salaries And Wages
SalariesAndWages
85523000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4349000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2226000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
13373000 USD
CY2019Q2 rmr Transaction And Acquisition Related Costs Operating Expense
TransactionAndAcquisitionRelatedCostsOperatingExpense
42000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
250000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
123754000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
19961000 USD
CY2019Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
2408000 USD
CY2019Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
6213000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
174000 USD
CY2019Q2 rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
-731000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15599000 USD
us-gaap Severance Costs1
SeveranceCosts1
7050000 USD
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
96922000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22112000 USD
rmr Reimbursed Expense
ReimbursedExpense
257088000 USD
rmr Transaction And Acquisition Related Costs Operating Expense
TransactionAndAcquisitionRelatedCostsOperatingExpense
273000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
762000 USD
us-gaap Operating Expenses
OperatingExpenses
377157000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
176967000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
6402000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
6213000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
318000 USD
rmr Unrealized Gain Loss On Equity Method Investments Fair Value Option
UnrealizedGainLossOnEquityMethodInvestmentsFairValueOption
-2978000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
174496000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24335000 USD
us-gaap Profit Loss
ProfitLoss
150161000 USD
CY2019Q2 us-gaap Assets
Assets
660439000 USD

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