2023 Q3 Form 10-K Financial Statement

#000164437823000051 Filed on November 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023
Revenue $222.9M $962.3M
YoY Change -7.97% 15.59%
Cost Of Revenue $158.9M $656.4M
YoY Change -7.46% 15.41%
Gross Profit $64.00M $305.9M
YoY Change -9.21% 15.99%
Gross Profit Margin 28.71% 31.79%
Selling, General & Admin $45.90M $184.9M
YoY Change -4.52% 6.92%
% of Gross Profit 71.72% 60.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $1.102M
YoY Change 14.5% 10.98%
% of Gross Profit 0.47% 0.36%
Operating Expenses $46.20M $848.6M
YoY Change -4.42% 14.04%
Operating Profit $17.80M $113.7M
YoY Change -19.65% 28.7%
Interest Expense $5.500M $35.80M
YoY Change -48.99% 1435.16%
% of Operating Profit 30.9% 31.48%
Other Income/Expense, Net
YoY Change
Pretax Income $20.20M $149.5M
YoY Change -37.09% 64.87%
Income Tax $3.200M $21.77M
% Of Pretax Income 15.84% 14.56%
Net Earnings $7.600M $57.15M
YoY Change -36.67% 68.06%
Net Earnings / Revenue 3.41% 5.94%
Basic Earnings Per Share $3.44
Diluted Earnings Per Share $0.46 $3.44
COMMON SHARES
Basic Shares Outstanding 16.43M shares
Diluted Shares Outstanding 16.43M shares

Balance Sheet

Concept 2023 Q3 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $268.0M $268.0M
YoY Change 41.73% 41.73%
Cash & Equivalents $268.0M $268.0M
Short-Term Investments
Other Short-Term Assets $7.000M $7.000M
YoY Change 30.31% 30.31%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $386.3M $386.3M
YoY Change 27.38% 27.37%
LONG-TERM ASSETS
Property, Plant & Equipment $5.446M $34.50M
YoY Change 118.28% 9.91%
Goodwill $1.859M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $18.65M $18.70M
YoY Change -62.03% -61.93%
Other Assets $115.5M $133.7M
YoY Change -7.54% -5.85%
Total Long-Term Assets $196.1M $196.1M
YoY Change -17.99% -17.99%
TOTAL ASSETS
Total Short-Term Assets $386.3M $386.3M
Total Long-Term Assets $196.1M $196.1M
Total Assets $582.4M $582.4M
YoY Change 7.38% 7.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.10M $19.10M
YoY Change 14.06% 14.06%
Accrued Expenses $8.500M $8.500M
YoY Change -30.38% -30.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $105.6M $105.6M
YoY Change -3.3% -3.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.261M $53.20M
YoY Change -88.56% -16.21%
Total Long-Term Liabilities $7.261M $53.20M
YoY Change -88.56% -16.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $105.6M $105.6M
Total Long-Term Liabilities $7.261M $53.20M
Total Liabilities $158.8M $342.4M
YoY Change -8.05% 1.97%
SHAREHOLDERS EQUITY
Retained Earnings $413.1M
YoY Change 16.05%
Common Stock $116.0M
YoY Change 2.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $240.1M $240.1M
YoY Change
Total Liabilities & Shareholders Equity $582.4M $582.4M
YoY Change 7.38% 7.37%

Cashflow Statement

Concept 2023 Q3 2023
OPERATING ACTIVITIES
Net Income $7.600M $57.15M
YoY Change -36.67% 68.06%
Depreciation, Depletion And Amortization $300.0K $1.102M
YoY Change 14.5% 10.98%
Cash From Operating Activities -$4.500M $109.2M
YoY Change -139.43% 7.85%
INVESTING ACTIVITIES
Capital Expenditures $800.0K $3.983M
YoY Change -488.35% 255.31%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $53.50M
YoY Change -665.0%
Cash From Investing Activities -$800.0K $49.50M
YoY Change 288.35% -567.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $734.0K
YoY Change 34.19%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -22.20M -$79.81M
YoY Change 22.95% 29.93%
NET CHANGE
Cash From Operating Activities -4.500M $109.2M
Cash From Investing Activities -800.0K $49.50M
Cash From Financing Activities -22.20M -$79.81M
Net Change In Cash -27.50M $78.90M
YoY Change 301.58% 169.72%
FREE CASH FLOW
Cash From Operating Activities -$4.500M $109.2M
Capital Expenditures $800.0K $3.983M
Free Cash Flow -$5.300M $105.2M
YoY Change -145.61% 5.08%

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CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26576000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25730000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
139783000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
734000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
547000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
834000 usd
CY2023 rmr Paymentsto Related Party Tax Receivable Agreement
PaymentstoRelatedPartyTaxReceivableAgreement
2355000 usd
CY2022 rmr Paymentsto Related Party Tax Receivable Agreement
PaymentstoRelatedPartyTaxReceivableAgreement
2209000 usd
CY2021 rmr Paymentsto Related Party Tax Receivable Agreement
PaymentstoRelatedPartyTaxReceivableAgreement
2158000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-79810000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61427000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-280480000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
78901000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29253000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-209828000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189088000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159835000 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
369663000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
267989000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189088000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159835000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
21233000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
9555000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
10047000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5057000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1295000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2249000 usd
CY2023 rmr Non Cash Transaction Equity Method Investment
NonCashTransactionEquityMethodInvestment
0 usd
CY2022 rmr Non Cash Transaction Equity Method Investment
NonCashTransactionEquityMethodInvestment
0 usd
CY2021 rmr Non Cash Transaction Equity Method Investment
NonCashTransactionEquityMethodInvestment
-8513000 usd
CY2023 rmr Non Cash Transaction Disposal Equity Method Investment
NonCashTransactionDisposalEquityMethodInvestment
0 usd
CY2022 rmr Non Cash Transaction Disposal Equity Method Investment
NonCashTransactionDisposalEquityMethodInvestment
0 usd
CY2021 rmr Non Cash Transaction Disposal Equity Method Investment
NonCashTransactionDisposalEquityMethodInvestment
6454000 usd
CY2023Q3 rmr Number Of Managed Real Estate Investment Trusts
NumberOfManagedRealEstateInvestmentTrusts
4 real_estate_investment_trust
CY2023 us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesPreparation of these financial statements in conformity with U.S. Generally Accepted Accounting Principles, or GAAP, requires our management to make certain estimates and assumptions that may affect the amounts reported in these consolidated financial statements and related notes. The actual results could differ from these estimates.
CY2023 rmr Property Management Fee Gross Collected Rents Percent
PropertyManagementFeeGrossCollectedRentsPercent
0.030
CY2023 rmr Property Management Fee Construction Supervision Percent
PropertyManagementFeeConstructionSupervisionPercent
0.050
CY2023 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
63153000 usd
CY2022 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
59667000 usd
CY2021 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
47377000 usd
CY2023 rmr Property Management Fee Revenue Construction Supervision
PropertyManagementFeeRevenueConstructionSupervision
18443000 usd
CY2022 rmr Property Management Fee Revenue Construction Supervision
PropertyManagementFeeRevenueConstructionSupervision
16743000 usd
CY2021 rmr Property Management Fee Revenue Construction Supervision
PropertyManagementFeeRevenueConstructionSupervision
8476000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
443000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8658000 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5115000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3212000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2620000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5446000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2495000 usd
CY2023 us-gaap Depreciation
Depreciation
1071000 usd
CY2022 us-gaap Depreciation
Depreciation
956000 usd
CY2021 us-gaap Depreciation
Depreciation
931000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
1859000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
1859000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
167000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
198000 usd
CY2023Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2026000 usd
CY2022Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2057000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
115479000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16922000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8553000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5820000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5954000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3121000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2103000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-940000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1176000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3834000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-168000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
383000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1395000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21768000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13233000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.005
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.006
CY2023 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.099
CY2022 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.101
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.101
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.146
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.146
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.140
CY2020Q4 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
520000 usd
CY2020Q4 rmr Effective Income Tax Rate Reconciliation Other Adjustments Impact On Earnings Per Share Diluted
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsImpactOnEarningsPerShareDiluted
0.02
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
962316000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
832503000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
607238000 usd
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
29965000 usd
CY2023Q3 rmr Reimbursable Costs Related Parties
ReimbursableCostsRelatedParties
88619000 usd
CY2023Q3 us-gaap Other Receivables
OtherReceivables
118584000 usd
CY2022Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
21084000 usd
CY2022Q3 rmr Reimbursable Costs Related Parties
ReimbursableCostsRelatedParties
102294000 usd
CY2022Q3 us-gaap Other Receivables
OtherReceivables
123378000 usd
CY2015Q2 rmr Registration And Lock Up Agreement Term Of Agreement
RegistrationAndLockUpAgreementTermOfAgreement
P10Y
CY2023 us-gaap Severance Costs1
SeveranceCosts1
2002000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
1315000 usd
CY2021 us-gaap Severance Costs1
SeveranceCosts1
4525000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
57147000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
34004000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
35696000 usd
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
651000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
329000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
309000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
56496000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33675000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35387000 usd
CY2023 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Unvested Participating Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToUnvestedParticipatingSecurities
0 usd
CY2022 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Unvested Participating Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToUnvestedParticipatingSecurities
329000 usd
CY2021 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Unvested Participating Securities
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToUnvestedParticipatingSecurities
309000 usd
CY2023 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Noncontrolling Interest
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2022 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Noncontrolling Interest
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToNoncontrollingInterest
43464000 usd
CY2021 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Loss Attributable To Noncontrolling Interest
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeLossAttributableToNoncontrollingInterest
45317000 usd
CY2023 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Tax Expense Benefit
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeTaxExpenseBenefit
0 usd
CY2022 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Tax Expense Benefit
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeTaxExpenseBenefit
13233000 usd
CY2021 rmr Incremental Common Shares Attributable To Dilutive Effect Of Contingently Issuable Shares Income Tax Expense Benefit
IncrementalCommonSharesAttributableToDilutiveEffectOfContingentlyIssuableSharesIncomeTaxExpenseBenefit
13152000 usd
CY2023 rmr Income Tax Expense Benefit Redemption Of Noncontrolling Interest
IncomeTaxExpenseBenefitRedemptionOfNoncontrollingInterest
0 usd
CY2022 rmr Income Tax Expense Benefit Redemption Of Noncontrolling Interest
IncomeTaxExpenseBenefitRedemptionOfNoncontrollingInterest
26732000 usd
CY2021 rmr Income Tax Expense Benefit Redemption Of Noncontrolling Interest
IncomeTaxExpenseBenefitRedemptionOfNoncontrollingInterest
27061000 usd
CY2023 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
56496000 usd
CY2022 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
63969000 usd
CY2021 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
67104000 usd
CY2022 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
16606000 shares
CY2021 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
16485000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
286000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
268000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
219000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16426000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31348000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.44
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.06
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.18
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.44
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.15
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.295
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.287
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
149539000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90701000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94165000 usd
CY2023 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
-755000 usd
CY2022 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
568000 usd
CY2021 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
763000 usd
CY2023 rmr Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest Net
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestNet
148784000 usd
CY2022 rmr Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest Net
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestNet
91269000 usd
CY2021 rmr Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest Net
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestNet
94928000 usd
CY2023 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
70624000 usd
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
43464000 usd
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
45317000 usd
CY2023 rmr Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
78160000 usd
CY2022 rmr Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
47805000 usd
CY2021 rmr Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
49611000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21768000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13233000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13152000 usd
CY2023 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
-755000 usd
CY2022 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
568000 usd
CY2021 rmr Franchise Tax Expense And Interest Income
FranchiseTaxExpenseAndInterestIncome
763000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
57147000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
34004000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
35696000 usd
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2992000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2726000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2633000 usd
CY2023Q3 rmr Numberof Operating Leases
NumberofOperatingLeases
48 operating_lease
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2023 rmr Operating Lease Fixed Payment
OperatingLeaseFixedPayment
6272000 usd
CY2022 rmr Operating Lease Fixed Payment
OperatingLeaseFixedPayment
6144000 usd
CY2021 rmr Operating Lease Fixed Payment
OperatingLeaseFixedPayment
5757000 usd
CY2023 us-gaap Variable Lease Payment
VariableLeasePayment
907000 usd
CY2022 us-gaap Variable Lease Payment
VariableLeasePayment
1001000 usd
CY2021 us-gaap Variable Lease Payment
VariableLeasePayment
727000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
7179000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
7145000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
6484000 usd
CY2023 us-gaap Straight Line Rent
StraightLineRent
345000 usd
CY2022 us-gaap Straight Line Rent
StraightLineRent
352000 usd
CY2021 us-gaap Straight Line Rent
StraightLineRent
-3000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
6834000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
6793000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
6487000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
76000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
83000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
138000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6305000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5980000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5353000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4917000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4313000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6650000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33518000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3406000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
30112000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5068000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25044000 usd
CY2023Q3 rmr Lessee Operating Lease Lease Not Yet Commenced Liability
LesseeOperatingLeaseLeaseNotYetCommencedLiability
690000 usd

Files In Submission

Name View Source Status
0001644378-23-000051-index-headers.html Edgar Link pending
0001644378-23-000051-index.html Edgar Link pending
0001644378-23-000051.txt Edgar Link pending
0001644378-23-000051-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
rmr-20230930_cal.xml Edgar Link unprocessable
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report.css Edgar Link pending
rmr-20230930.htm Edgar Link pending
rmr-20230930.xsd Edgar Link pending
rmr_9302023xexhibitx211.htm Edgar Link pending
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rmr_9302023xexhibitx971.htm Edgar Link pending
Show.js Edgar Link pending
rmr-20230930_def.xml Edgar Link unprocessable
rmr-20230930_lab.xml Edgar Link unprocessable
rmr-20230930_pre.xml Edgar Link unprocessable
rmr-20230930_htm.xml Edgar Link completed