2022 Q2 Form 10-Q Financial Statement

#000179478322000029 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $136.4M $275.1M $195.0M
YoY Change -27.61% 3.68% -45.47%
Cost Of Revenue $107.1M $119.5M $148.1M
YoY Change 67.02% 67.22% 76.07%
Gross Profit $29.35M $155.7M $46.87M
YoY Change -76.4% -19.73% -82.86%
Gross Profit Margin 21.51% 56.58% 24.04%
Selling, General & Admin $106.4M $152.5M $219.8M
YoY Change -3.52% 8.58% 46.52%
% of Gross Profit 362.55% 98.01% 468.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.767M $6.679M $6.175M
YoY Change 38.61% 54.5% 72.01%
% of Gross Profit 23.06% 4.29% 13.17%
Operating Expenses $106.4M $262.1M $358.2M
YoY Change -3.52% 29.93% 56.59%
Operating Profit -$77.05M $3.105M -$172.9M
YoY Change -647.98% -94.15% -240.07%
Interest Expense -$12.30M $12.18M $10.59M
YoY Change 45.99% 65.59% 56.1%
% of Operating Profit 392.24%
Other Income/Expense, Net -$25.00K -$23.00K -$51.00K
YoY Change -109.73% -123.0%
Pretax Income -$134.0M -$9.097M -$183.5M
YoY Change -2537.55% -121.61% -257.89%
Income Tax -$27.07M -$2.649M -$46.54M
% Of Pretax Income
Net Earnings -$106.9M -$6.448M -$137.0M
YoY Change -3327.51% -118.3% -252.48%
Net Earnings / Revenue -78.35% -2.34% -70.27%
Basic Earnings Per Share -$0.04 -$0.84
Diluted Earnings Per Share -$650.1K -$0.04 -$0.84
COMMON SHARES
Basic Shares Outstanding 164.4M shares 164.1M shares 164.0M shares
Diluted Shares Outstanding 164.1M shares 164.0M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $141.0M $199.4M $193.4M
YoY Change -50.78% -45.97% -7.79%
Cash & Equivalents $141.0M $199.4M $193.4M
Short-Term Investments
Other Short-Term Assets $15.75M $13.25M $10.51M
YoY Change 251.11% 167.16% 42.37%
Inventory $5.754M
Prepaid Expenses $7.943M
Receivables $129.7M $168.7M $149.4M
Other Receivables $116.3M $77.16M $202.3M
Total Short-Term Assets $402.8M $458.5M $555.6M
YoY Change -16.68% -22.48% 16.58%
LONG-TERM ASSETS
Property, Plant & Equipment $69.82M $74.58M $73.25M
YoY Change 14.6% 38.88% 36.4%
Goodwill $29.14M $73.73M $73.73M
YoY Change -57.16% 47.6% 58.71%
Intangibles $31.26M $36.02M $37.73M
YoY Change -23.15% -13.07% 109.42%
Long-Term Investments
YoY Change
Other Assets $18.42M $15.79M $6.046M
YoY Change 1182.59% 937.45% 323.69%
Total Long-Term Assets $887.3M $976.8M $889.3M
YoY Change -5.65% 15.92% 13.21%
TOTAL ASSETS
Total Short-Term Assets $402.8M $458.5M $555.6M
Total Long-Term Assets $887.3M $976.8M $889.3M
Total Assets $1.290B $1.435B $1.445B
YoY Change -9.4% 0.08% 14.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.77M $27.45M $47.58M
YoY Change -27.33% -22.62% 46.76%
Accrued Expenses $73.41M $87.00M $71.54M
YoY Change 9.78% 24.47% 28.44%
Deferred Revenue $8.029M
YoY Change 58.05%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.169M $7.169M $7.169M
YoY Change 203.77% 3484.5% 7069.0%
Total Short-Term Liabilities $113.5M $123.7M $135.4M
YoY Change 4.32% 7.33% -3.98%
LONG-TERM LIABILITIES
Long-Term Debt $698.4M $699.4M $700.4M
YoY Change 52.15% 51.84% 123.51%
Other Long-Term Liabilities $2.985M $3.533M $2.779M
YoY Change -74.58% -68.31% -49.29%
Total Long-Term Liabilities $701.4M $702.9M $703.1M
YoY Change 48.99% 49.0% 120.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $113.5M $123.7M $135.4M
Total Long-Term Liabilities $701.4M $702.9M $703.1M
Total Liabilities $898.9M $938.7M $952.4M
YoY Change 18.78% 22.93% 51.68%
SHAREHOLDERS EQUITY
Retained Earnings -$177.1M -$68.68M -$62.24M
YoY Change -247.09% -154.97% -170.35%
Common Stock $1.644M $1.644M $1.640M
YoY Change 0.55% 0.61% 0.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $391.1M $496.6M $492.4M
YoY Change
Total Liabilities & Shareholders Equity $1.290B $1.435B $1.445B
YoY Change -9.4% 0.08% 14.48%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income -$106.9M -$6.448M -$137.0M
YoY Change -3327.51% -118.3% -252.48%
Depreciation, Depletion And Amortization $6.767M $6.679M $6.175M
YoY Change 38.61% 54.5% 72.01%
Cash From Operating Activities -$53.95M $21.38M -$218.7M
YoY Change -0.99% -49.34% 133.12%
INVESTING ACTIVITIES
Capital Expenditures -$2.564M -$8.950M -$12.30M
YoY Change -75.94% 187.78% 151.95%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$1.000M
YoY Change -100.0% -100.0%
Cash From Investing Activities -$2.564M -$8.950M -$13.30M
YoY Change -90.78% -66.99% 172.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.846M -6.427M 241.7M
YoY Change 540.97% -105.95% -8794.24%
NET CHANGE
Cash From Operating Activities -53.95M 21.38M -218.7M
Cash From Investing Activities -2.564M -8.950M -13.30M
Cash From Financing Activities -1.846M -6.427M 241.7M
Net Change In Cash -58.36M 6.002M 9.739M
YoY Change -29.33% -95.13% -109.6%
FREE CASH FLOW
Cash From Operating Activities -$53.95M $21.38M -$218.7M
Capital Expenditures -$2.564M -$8.950M -$12.30M
Free Cash Flow -$51.39M $30.33M -$206.4M
YoY Change 17.23% -33.06% 132.09%

Facts In Submission

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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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us-gaap Repayments Of Long Term Lines Of Credit
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Merger Related Costs Financing Activities
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of revenues, expenses, assets, and liabilities and disclosure of contingent assets and liabilities. The Company regularly assesses these estimates; however, actual amounts could differ from those estimates. The most significant items involving management’s estimates include estimates of revenue recognition, accounts receivable, commissions receivable, the provision for income taxes, share-based </span>compensation, and valuation of intangible assets and goodwill. The impact of changes in estimates is recorded in the period in which they become known.
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us-gaap Operating Income Loss
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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156672000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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0.21
us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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CY2021Q1 us-gaap Depreciation
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us-gaap Depreciation
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CY2022Q1 us-gaap Depreciation
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us-gaap Depreciation
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CY2022Q1 us-gaap Capitalized Computer Software Accumulated Amortization
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us-gaap Capitalized Computer Software Additions
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us-gaap Capitalized Computer Software Amortization1
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us-gaap Goodwill Impairment Loss
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CY2022Q1 us-gaap Goodwill Impairment Loss
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us-gaap Goodwill Impairment Loss
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P6Y4M24D
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us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2022Q1 us-gaap Goodwill
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CY2021Q2 us-gaap Goodwill
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CY2022Q1 us-gaap Amortization Of Intangible Assets
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1700000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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1300000 USD
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5000000 USD
us-gaap Amortization Of Intangible Assets
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2900000 USD
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CY2021Q2 us-gaap Goodwill
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1651000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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5746000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2022Q1 slqt Finite Lived Intangible Assets Amortization Expense After Year Four
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us-gaap Sublease Income
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us-gaap Finance Lease Right Of Use Asset Amortization
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us-gaap Short Term Lease Cost
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1998000 USD
CY2021Q1 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Short Term Lease Cost
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CY2022Q1 us-gaap Variable Lease Cost
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227000 USD
CY2021Q1 us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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696000 USD
us-gaap Variable Lease Cost
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CY2021Q1 us-gaap Sublease Income
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us-gaap Sublease Income
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488000 USD
CY2022Q1 us-gaap Lease Cost
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CY2021Q1 us-gaap Lease Cost
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us-gaap Lease Cost
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6465000 USD
us-gaap Lease Cost
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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CY2022Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
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CY2022Q1 slqt Leases Liability To Be Paid Remainder Of Fiscal Year
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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8710000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2022Q1 slqt Lease Liability To Be Paid Year One
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
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CY2022Q1 slqt Lease Liability To Be Paid Year Two
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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9203000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
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CY2022Q1 slqt Lease Liability To Be Paid Year Three
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9241000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
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CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
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LeaseLiabilityToBePaidYearFive
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LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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LeaseLiabilityToBePaidAfterYearFive
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LesseeOperatingLeaseLiabilityPaymentsDue
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CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
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LeaseLiabilityPaymentDue
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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FinanceLeaseLiabilityUndiscountedExcessAmount
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OperatingLeaseLiability
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CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2022Q1 slqt Lease Liability
LeaseLiability
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LesseeOperatingLeaseLeaseNotYetCommencedAmount
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CY2021Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
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CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
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CY2022Q1 us-gaap Long Term Debt
LongTermDebt
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LongTermDebt
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CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
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CY2021Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
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CY2022Q1 slqt Debt Issuance Costs And Unamortized Discounts
DebtIssuanceCostsAndUnamortizedDiscounts
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DeferredFinanceCostsNet
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CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
800000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4200000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2500000 USD
CY2022Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-2700000 USD
slqt Share Based Compensation Arrangement By Share Based Payment Award Number Of Share Based Compensation Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfShareBasedCompensationPlans
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CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1289000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5820000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3389000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.360
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.250
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.004
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
slqt Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
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slqt Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M26D
slqt Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageFairValue
3.36
slqt Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageFairValue
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.45
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M7D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3449000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2005527 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.93
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y11M8D
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3140000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
10300000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y3D
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
900000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1400000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3200000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1800000 USD
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NetIncomeLoss
-6448000 USD
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-190609000 USD
us-gaap Net Income Loss
NetIncomeLoss
124826000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275113000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
265346000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
627621000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
745685000 USD
slqt Contract With Customer Commission Revenue Recognized
ContractWithCustomerCommissionRevenueRecognized
318399000 USD
CY2021Q2 slqt Commissions Receivable Net
CommissionsReceivableNet
845897000 USD
slqt Contract With Customer Adjustment For Change In Estimate
ContractWithCustomerAdjustmentForChangeInEstimate
157368000 USD
slqt Contract With Customer Transfer To Accounts Receivable
ContractWithCustomerTransferToAccountsReceivable
168632000 USD
CY2022Q1 slqt Commissions Receivable Net
CommissionsReceivableNet
838296000 USD
slqt Contract With Customer Adjustment For Change In Estimate
ContractWithCustomerAdjustmentForChangeInEstimate
157400000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2600000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6900000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.291
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-65200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31800000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.203
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6448000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35235000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-190609000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
124826000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164083000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163023000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163914000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162705000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2708000 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
2790000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164083000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165731000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
163914000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165495000 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.75
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5557000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
454000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5288000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1035000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
275113000 USD
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
262099000 USD
CY2022Q1 slqt Contingent Consideration And Other Nonoperating Expense
ContingentConsiderationAndOtherNonoperatingExpense
23000 USD
CY2022Q1 slqt Adjusted Ebitda
AdjustedEBITDA
12991000 USD
CY2022Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2143000 USD
CY2022Q1 slqt Non Recurring Expenses
NonRecurringExpenses
703000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6679000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-384000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
12179000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2649000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-6448000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
265346000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
201720000 USD
CY2021Q1 slqt Contingent Consideration And Other Nonoperating Expense
ContingentConsiderationAndOtherNonoperatingExpense
15000 USD
CY2021Q1 slqt Adjusted Ebitda
AdjustedEBITDA
63611000 USD
CY2021Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1429000 USD
CY2021Q1 slqt Non Recurring Expenses
NonRecurringExpenses
4667000 USD
CY2021Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
334000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4323000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-101000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
7355000 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3315000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6852000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
35235000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
627621000 USD
us-gaap Operating Expenses
OperatingExpenses
824177000 USD
slqt Contingent Consideration And Other Nonoperating Expense
ContingentConsiderationAndOtherNonoperatingExpense
177000 USD
slqt Adjusted Ebitda
AdjustedEBITDA
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us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
6252000 USD
slqt Non Recurring Expenses
NonRecurringExpenses
2857000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17957000 USD
slqt Gain Loss On Disposition Of Property Plant Equipment Net
GainLossOnDispositionOfPropertyPlantEquipmentNet
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us-gaap Interest Expense
InterestExpense
31300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-65229000 USD
us-gaap Net Income Loss
NetIncomeLoss
-190609000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
745685000 USD
us-gaap Operating Expenses
OperatingExpenses
542555000 USD
slqt Contingent Consideration And Other Nonoperating Expense
ContingentConsiderationAndOtherNonoperatingExpense
58000 USD
slqt Adjusted Ebitda
AdjustedEBITDA
203072000 USD
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
3689000 USD
slqt Non Recurring Expenses
NonRecurringExpenses
5490000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1487000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11260000 USD
slqt Gain Loss On Disposition Of Property Plant Equipment Net
GainLossOnDispositionOfPropertyPlantEquipmentNet
-261000 USD
us-gaap Interest Expense
InterestExpense
20898000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3315000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31846000 USD
us-gaap Net Income Loss
NetIncomeLoss
124826000 USD

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