2020 Q4 Form 10-Q Financial Statement

#000152962820000133 Filed on November 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $25.34M $23.41M $65.69M
YoY Change -46.85% -64.36% 4.03%
Cost Of Revenue $33.00M $18.23M $38.56M
YoY Change 10.76% -52.72% -5.03%
Gross Profit -$7.662M $5.182M $27.14M
YoY Change -142.87% -80.9% 20.33%
Gross Profit Margin -30.24% 22.14% 41.31%
Selling, General & Admin $8.010M $3.933M $2.693M
YoY Change 30.46% 46.05% -23.32%
% of Gross Profit 75.9% 9.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.070M $5.328M $6.610M
YoY Change -17.08% -19.39% 43.45%
% of Gross Profit 102.82% 24.36%
Operating Expenses $13.29M $6.431M $12.69M
YoY Change -5.01% -49.31% 146.59%
Operating Profit -$20.96M -$1.249M $14.45M
YoY Change -640.24% -108.64% -16.99%
Interest Expense -$520.0K -$497.0K -$968.0K
YoY Change -23.53% -48.66% 27.7%
% of Operating Profit -6.7%
Other Income/Expense, Net $320.0K $39.47M -$953.0K
YoY Change 700.0% -4241.87% 42.66%
Pretax Income -$21.44M $38.22M $13.50M
YoY Change -900.0% 183.24% -19.38%
Income Tax -$9.680M $1.941M $2.569M
% Of Pretax Income 5.08% 19.04%
Net Earnings -$2.884M $36.28M $10.93M
YoY Change -220.77% 232.07% -9.89%
Net Earnings / Revenue -11.38% 154.99% 16.63%
Basic Earnings Per Share -$0.07 $0.91 $0.27
Diluted Earnings Per Share -$0.07 $0.91 $0.27
COMMON SHARES
Basic Shares Outstanding 43.52M shares 39.97M shares 40.23M shares
Diluted Shares Outstanding 39.97M shares 40.24M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.70M $11.00M $2.100M
YoY Change 350.0% 423.81% 75.0%
Cash & Equivalents $11.73M $10.99M $2.098M
Short-Term Investments
Other Short-Term Assets $11.40M $1.500M $1.100M
YoY Change 159.09% 36.36% -73.81%
Inventory $19.14M $23.57M $15.93M
Prepaid Expenses $655.0K
Receivables $69.72M $66.03M $58.75M
Other Receivables $377.0K $0.00 $0.00
Total Short-Term Assets $112.1M $111.4M $79.05M
YoY Change 21.6% 40.89% 47.64%
LONG-TERM ASSETS
Property, Plant & Equipment $274.7M $281.1M $250.5M
YoY Change 19.19% 12.24% 7.42%
Goodwill
YoY Change
Intangibles $8.253M $8.451M $9.244M
YoY Change -8.77% -8.58% -52.35%
Long-Term Investments
YoY Change
Other Assets $563.0K $3.417M $3.537M
YoY Change -84.1% -3.39% 2.37%
Total Long-Term Assets $315.6M $325.2M $293.0M
YoY Change 16.36% 11.0% 7.17%
TOTAL ASSETS
Total Short-Term Assets $112.1M $111.4M $79.05M
Total Long-Term Assets $315.6M $325.2M $293.0M
Total Assets $427.7M $436.6M $372.0M
YoY Change 17.69% 17.36% 13.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.268M $3.338M $10.04M
YoY Change -17.5% -66.75% -7.03%
Accrued Expenses $13.14M $16.50M $22.00M
YoY Change -39.44% -25.0% 34.15%
Deferred Revenue $6.875M $8.192M $5.545M
YoY Change -10.18% 47.74% 37.59%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.901M $6.423M $23.94M
YoY Change 11.76% -73.17%
Total Short-Term Liabilities $37.26M $40.98M $61.56M
YoY Change -6.88% -33.43% 97.11%
LONG-TERM LIABILITIES
Long-Term Debt $22.45M $23.90M $6.791M
YoY Change -20.52% 251.92% -84.64%
Other Long-Term Liabilities $503.0K $759.0K $38.00M
YoY Change -98.0% 140.51%
Total Long-Term Liabilities $22.95M $24.66M $6.791M
YoY Change -18.74% 263.1% -88.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.26M $40.98M $61.56M
Total Long-Term Liabilities $22.95M $24.66M $6.791M
Total Liabilities $138.9M $145.9M $131.1M
YoY Change 17.84% 11.28% 17.37%
SHAREHOLDERS EQUITY
Retained Earnings $121.3M $124.2M $79.51M
YoY Change 45.56% 56.14% 45.33%
Common Stock $171.3M $170.3M $164.5M
YoY Change 3.62% 3.52% 1.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.134M $4.025M $2.978M
YoY Change 38.77% 35.16% 254.52%
Treasury Stock Shares 1.618M shares 1.561M shares 740.6K shares
Shareholders Equity $288.8M $290.7M $239.5M
YoY Change
Total Liabilities & Shareholders Equity $427.7M $436.6M $372.0M
YoY Change 17.69% 17.36% 13.8%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$2.884M $36.28M $10.93M
YoY Change -220.77% 232.07% -9.89%
Depreciation, Depletion And Amortization $6.070M $5.328M $6.610M
YoY Change -17.08% -19.39% 43.45%
Cash From Operating Activities $3.320M -$3.620M $22.93M
YoY Change -22.79% -115.79% 54.83%
INVESTING ACTIVITIES
Capital Expenditures -$1.180M -$1.020M -$5.650M
YoY Change -80.37% -81.95% -61.85%
Acquisitions
YoY Change
Other Investing Activities $10.00K $50.00K $0.00
YoY Change -90.0% -100.0%
Cash From Investing Activities -$1.170M -$970.0K -$5.650M
YoY Change -80.2% -82.83% -61.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.420M -1.060M -16.43M
YoY Change -166.36% -93.55% 3000.0%
NET CHANGE
Cash From Operating Activities 3.320M -3.620M 22.93M
Cash From Investing Activities -1.170M -970.0K -5.650M
Cash From Financing Activities -1.420M -1.060M -16.43M
Net Change In Cash 730.0K -5.650M 850.0K
YoY Change 37.74% -764.71% -254.55%
FREE CASH FLOW
Cash From Operating Activities $3.320M -$3.620M $22.93M
Capital Expenditures -$1.180M -$1.020M -$5.650M
Free Cash Flow $4.500M -$2.600M $28.58M
YoY Change -56.35% -109.1% -3.51%

Facts In Submission

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39973000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40240000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39903000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40163000 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
36282000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
10926000 USD
us-gaap Net Income Loss
NetIncomeLoss
40839000 USD
us-gaap Net Income Loss
NetIncomeLoss
29235000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
96000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-46000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
317000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
190000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
36378000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10880000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
29425000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
245556000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
41156000 USD
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-163000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1025000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
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14000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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46000 USD
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
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1000000 USD
CY2020Q1 us-gaap Net Income Loss
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-84000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
245380000 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
384000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
943000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
12000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
0 USD
CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
31000 USD
CY2020Q2 us-gaap Net Income Loss
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4641000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
251329000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
96000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2061000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
941000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
3000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
16000 USD
CY2020Q3 us-gaap Treasury Stock Value Acquired Cost Method
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1000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
36282000 USD
CY2020Q3 us-gaap Stockholders Equity
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290727000 USD
CY2018Q4 us-gaap Stockholders Equity
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207947000 USD
CY2019Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
145000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
790000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
9000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
40000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
4033000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
212941000 USD
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
91000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
754000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
9000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
0 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
14276000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
227955000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-46000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
652000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
12000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
38000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
10926000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
239537000 USD
us-gaap Net Income Loss
NetIncomeLoss
40839000 USD
us-gaap Net Income Loss
NetIncomeLoss
29235000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
16092000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
19309000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
7628000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
596000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1199000 USD
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
0 USD
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
2348000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-299000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
41000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
79000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
172000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
138000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
517000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
238000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6787000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2909000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2196000 USD
snd Employee Stock Purchase Plan Compensation
EmployeeStockPurchasePlanCompensation
29000 USD
snd Employee Stock Purchase Plan Compensation
EmployeeStockPurchasePlanCompensation
30000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1020000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-2757000 USD
snd Gain Loss On Bargain Purchase Net Of Cash Acquired
GainLossOnBargainPurchaseNetOfCashAcquired
39580000 USD
snd Gain Loss On Bargain Purchase Net Of Cash Acquired
GainLossOnBargainPurchaseNetOfCashAcquired
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7029000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
39760000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
4491000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-6634000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-306000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2649000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3751000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1035000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3912000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4396000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-205000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-956000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-607000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4403000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5968000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22224000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40328000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7444000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19518000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
51000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7393000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19518000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
952000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
6120000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3527000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1461000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
87000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
79000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
20000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1087000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
37750000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
8500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
59750000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
310000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1610000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
62000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
78000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1046000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
139000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6476000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-20178000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
8355000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
632000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2639000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1466000 USD
us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
3301000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10994000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2098000 USD
us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
157000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2138000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization and Nature of Business &amp; Market Update<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Organization and Nature of Business</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company was incorporated in July 2011 and is headquartered in The Woodlands, Texas. The Company is a fully integrated frac sand supply and services company, offering complete mine to wellsite proppant logistics and storage solutions. The Company is engaged in the excavation, processing and sale of sand, or proppant, for use in hydraulic fracturing operations for the oil and natural gas industry and offers proppant logistics and wellsite storage solutions through its SmartSystems</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">TM </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">products and services. </span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company completed construction of the first phase of its frac sand mine and related processing facility in Oakdale, Wisconsin and commenced operations in July 2012, and subsequently expanded its operations in 2014, 2015 and 2018 to the current annual processing capacity of approximately 5.5 million tons.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides complete logistics solutions through both its integrated Oakdale facility, with on-site rail infrastructure, with access to two Class I rail lines and its in-basin unit train capable transloading terminal in Van Hook, North Dakota to service the Bakken Formation in the Williston Basin. These logistics solutions enable the Company to cost-effectively deliver products to its customers anywhere in the United States. </span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides proppant storage and management solutions through its SmartSystems products and services under which it offers various solutions that create efficiencies, flexibility, enhanced safety and reliability for customers by providing the capability to unload, store and deliver proppant at the wellsite, as well as the ability to rapidly set up, takedown and transport the entire system. The SmartDepot</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> silo system includes passive and active dust suppression technology, along with the capability of a gravity-fed operation. SmartSystems operate with proprietary the SmartSystem Tracker</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> software program, which allows users to monitor silo-specific information, including location, proppant type, and proppant inventory. The Company is currently developing a new transload technology to complement its existing solutions.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On September 18, 2020, the Company acquired all of the issued and outstanding interests in Eagle Oil and Gas Proppants Holdings LLC, which, together with its subsidiaries, constituted the entirety of the assets and operations of the oil and gas proppants business of Eagle Materials Inc. The primary assets of Eagle Oil and Gas Proppants Holdings LLC and its subsidiaries include two frac sand mines and related processing facilities in Utica, Illinois and New Auburn, Wisconsin, with approximately 3.5 million tons of total combined annual processing capacity, 1.6 million tons of which has access to the BNSF Class I rail line through the Peru, Illinois transload facility. See Note 3 — Business Combination and Note 7 - Debt for additional disclosures regarding this transaction.</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Market Update</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Generally, the price of frac sand correlates with the level of drilling and completions activity for oil and natural gas in the United States and Canada. In recent years, the increasing supply of sand, particularly in-basin sand, relative to demand, has led to a continued depression of frac sand prices. The willingness of exploration and production companies to engage in drilling and completing new wells is determined by a number of factors, the most important of which are the prevailing and projected prices of oil and natural gas, the cost to drill, complete and operate a well, the availability and cost of capital and environmental and government regulations, as well as their ability to acquire the sand at the wellsite. </span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Recently, oil prices declined to all-time lows as a result of decreased demand for oil from the COVID-19 coronavirus pandemic, as well as an increase in global oil supply driven by disagreements with respect to oil pricing between Russia and members of the Organization of the Petroleum Exporting Countries (“OPEC”), particularly Saudi Arabia. The COVID-19 coronavirus pandemic has caused a global decrease in all means of travel, the closure of borders between countries and a general slowing of economic activity worldwide which has decreased the demand for oil. In early March, discussions between Russia and Saudi Arabia deteriorated and the countries ended a three-year supply level agreement, which resulted in each country increasing its oil production. Subsequently, Russia and OPEC agreed to certain production cuts to mitigate the decline in the price of oil, however, such cuts may not be sufficient to stabilize the oil market if the decline in demand due to the COVID-19 coronavirus pandemic continues. Oil and natural gas prices are expected to continue to be depressed as a result of the increase of near-term supply and the decrease in overall demand caused by these events, and the Company cannot predict when prices will improve or stabilize. </span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> In response to market conditions, the Company has reduced its total capital expenditure budget, primarily a reduction to SmartSystems manufacturing plans. The Company has also put in place several cost-cutting measures, including headcount reductions at its Oakdale and Saskatoon, Canada operating facilities, salary reductions and suspension of certain variable cash compensation programs for all employees, and reduced compensation for board members. The Company has also taken steps to limit cash outflows in the near-term by negotiating for deferred payments on certain of its operating leases, debt and minimum royalty payments. The Company has put in place multiple initiatives to protect the health and well-being of its workforce and its customers, including work-from-home arrangements for all employees that are able to do so and implementing social distancing requirements as prescribed by the federal, state and local government authorities. </span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The ultimate disruption caused by these events is uncertain; however they may result in a material adverse impact on the Company’s financial position, results of operations and cash flows. Possible effects may include, but are not limited to, disruption to the Company’s customers and revenue, absenteeism in the Company’s labor workforce, unavailability of products and supplies used in operations, a decline in value of assets held by the Company, including accounts receivable, inventories, property, plant and equipment and intangible assets, and a decrease in liquidity due to lower cash flows from operations being generated, a reduction in the availability to borrow under the ABL Credit Facility and inability to access other sources of liquidity and capital, such as equipment financings or the capital markets.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management is actively monitoring these global events, but given the rapidly changing nature of these events, the Company is currently unable to estimate the impact of these events on its future financial position and results of operations. Therefore, the Company can give no assurances that the events will not have a material adverse effect on its financial position or results of operations.</span></div>
CY2020Q3 snd Current Annual Processing Capacity
CurrentAnnualProcessingCapacity
5500000 T
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revision of Previously Issued Financial Statements for Immaterial Misstatements</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the quarter ended June 30, 2020, the Company identified an error in costs of goods sold in the Company’s audited financial statements for the year ended December 31, 2018. The error related to a vendor rebate the Company received during the current period, $1,800 of which related to expenses attributable to fiscal year 2018. As a result of the error, the Company reduced costs of goods sold by $1,800 and increased income tax expense by $387 in its audited financial statements for the year ended December 31, 2018, and increased prepaid expenses and other current assets by $1,800, increased deferred tax liability by $387 and increased retained earnings by $1,413 in its audited financial statements for the year ended December 31, 2019. Additionally, certain 2019 balance sheet items have been reclassified to conform to the current financial statement presentation. These reclassifications have no effect on previously reported net income.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the guidance of Staff Accounting Bulletin (“SAB”) No. 99, “Materiality”, the Company evaluated the materiality of these errors quantitatively and qualitatively and concluded that the errors described above were not material to any of its prior annual or quarterly financial statements or trends of financial results. However, due to reduced activity and the current economic environment, the errors could be considered material to the Company’s current period financial statements. As such, the Company has revised the prior period financial statements in accordance with SAB No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements.” The Company expects to similarly revise previously presented historical financial statements for these immaterial errors in future filings, </span></div>including the annual audited financial statements to be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates used in the preparation of these financial statements include, but are not limited to: the sand reserves and their impact on calculating the depletion expense under the units-of-production method; depreciation and amortization associated with property, plant and equipment and definite-lived intangible assets; impairment considerations of assets (including impairment of identified intangible assets and other long-lived assets); estimated cost of future asset retirement obligations; fair values of acquired assets and assumed liabilities; stock-based compensation; recoverability of deferred tax assets; inventory reserve; collectability of receivables; and certain liabilities.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Actual results could differ from management’s best estimates as additional information or actual results become available in the future, and those differences could be material. The increased supply of oil and the decreased demand related to the COVID-19 coronavirus pandemic have caused a dramatic decline in oil prices and significant volatility in the oilfield services sector. The Company is currently unable to estimate the impact of these events on its future financial position and results of operations. Therefore, the Company can give no assurances that the events will not have a material adverse effect on its financial position or results of operations.</span></div>
CY2020Q3 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
2060000 USD
CY2020Q3 us-gaap Business Combination Cost Of Acquired Entity Equity Interests Issued And Issuable Fair Value Method
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1,504
CY2020Q3 us-gaap Payments To Acquire Businesses Gross
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CY2020Q3 snd Business Acquisition Volume Weighted Average Share Price
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1.33
CY2020Q3 us-gaap Business Combination Cost Of Acquired Entity Equity Interests Issued And Issuable Fair Value Method
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1,504
CY2020Q3 us-gaap Business Acquisition Share Price
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CY2020Q3 us-gaap Business Combination Consideration Transferred1
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309000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
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75000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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2459000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
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123000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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CY2020Q3 snd Us Gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Rightof Use Asset
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CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
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CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
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16000 USD
CY2020Q3 snd Business Combination Liabilities Assumed Accrued Expense And Other Liabilities
BusinessCombinationLiabilitiesAssumedAccruedExpenseAndOtherLiabilities
2010000 USD
CY2020Q3 snd Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Asset Retirement Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetRetirementObligation
8424000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
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9603000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
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CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Liabilities
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30930000 USD
CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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CY2020Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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41949000 USD
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us-gaap Business Acquisitions Pro Forma Revenue
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us-gaap Business Acquisitions Pro Forma Revenue
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CY2019Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
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12297000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
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39700000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
33484000 USD
CY2020Q3 us-gaap Depreciation
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5328000 USD
CY2019Q3 us-gaap Depreciation
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6610000 USD
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CY2019Q4 us-gaap Property Plant And Equipment Gross
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79020000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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63064000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
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CY2019Q4 us-gaap Property Plant And Equipment Net
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230461000 USD
us-gaap Depreciation
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us-gaap Depreciation
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CY2020Q3 us-gaap Employee Related Liabilities Current
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CY2019Q4 us-gaap Construction Payable Current
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CY2019Q4 snd Accrued Equipment Expense
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CY2020Q3 us-gaap Accrued Professional Fees Current
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CY2019Q4 us-gaap Accrued Professional Fees Current
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CY2020Q3 us-gaap Accrued Royalties Current
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1926000 USD
CY2019Q4 us-gaap Accrued Royalties Current
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CY2020Q3 snd Accrued Freight And Delivery Charges Current
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CY2019Q4 snd Accrued Freight And Delivery Charges Current
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CY2020Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
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CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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806000 USD
CY2020Q3 us-gaap Accrued Utilities Current And Noncurrent
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CY2019Q4 us-gaap Accrued Utilities Current And Noncurrent
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CY2020Q3 us-gaap Accrued Income Taxes
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24000 USD
CY2019Q4 us-gaap Accrued Income Taxes
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CY2020Q3 us-gaap Other Accrued Liabilities Current
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565000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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CY2020Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
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CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
8578000 USD
CY2020Q3 us-gaap Long Term Debt Current
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6423000 USD
CY2019Q4 us-gaap Long Term Debt Current
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CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
23899000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
28240000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1300000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
6932000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6322000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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8681000 USD
CY2020Q3 snd Long Term Debt Maturities Repayments Of Principal After Year Four
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382000 USD
CY2020Q3 us-gaap Long Term Debt
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30322000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32198000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28178000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
400000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
505000 USD
CY2020Q3 snd Lessee Lease Assets
LesseeLeaseAssets
32598000 USD
CY2019Q4 snd Lessee Lease Assets
LesseeLeaseAssets
28683000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
33319000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
28577000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
502000 USD
CY2019Q4 us-gaap Finance Lease Liability
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590000 USD
CY2020Q3 snd Lessee Lease Liability
LesseeLeaseLiability
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CY2019Q4 snd Lessee Lease Liability
LesseeLeaseLiability
29167000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
35000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
35000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
104000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
99000 USD
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CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
10000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
28000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
32000 USD
CY2020Q3 us-gaap Operating Lease Expense
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2729000 USD
CY2019Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
4105000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
9824000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
11469000 USD
CY2020Q3 us-gaap Short Term Lease Cost
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4000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
160000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
238000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
294000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
2777000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
4310000 USD
us-gaap Lease Cost
LeaseCost
10194000 USD
us-gaap Lease Cost
LeaseCost
11894000 USD
us-gaap Finance Lease Interest Payment On Liability
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28000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
33000 USD
us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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12447000 USD
us-gaap Finance Lease Principal Payments
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85000 USD
us-gaap Finance Lease Principal Payments
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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55000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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13936000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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5056000 USD
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y10M24D
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0660
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
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CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0660
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0571
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0550
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CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
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34000 USD
CY2020Q3 snd Finance And Operating Lease Liability Payments Remainderof Fiscal Year
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CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2020Q3 snd Finance And Operating Lease Liability Payments Due Year One
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CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
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CY2020Q3 snd Finance And Operating Lease Liability Payments Due Year Two
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CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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6316000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
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245000 USD
CY2020Q3 snd Finance And Operating Lease Liability Payments Due Year Three
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4768000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
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CY2020Q3 snd Finance And Operating Lease Liability Payments Due Year Four
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4768000 USD
CY2020Q3 snd Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5517000 USD
CY2020Q3 snd Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
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CY2020Q3 snd Finance And Operating Lease Liability Payments Due After Year Four
FinanceAndOperatingLeaseLiabilityPaymentsDueAfterYearFour
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CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
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CY2020Q3 us-gaap Finance Lease Liability Payments Due
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CY2020Q3 snd Finance And Operating Lease Liability Payments Due
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CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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4562000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
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64000 USD
CY2020Q3 snd Finance And Operating Lease Liability Undiscounted Excess Amount
FinanceAndOperatingLeaseLiabilityUndiscountedExcessAmount
4626000 USD
CY2020Q3 us-gaap Operating Lease Liability
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33319000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
502000 USD
CY2020Q3 snd Finance And Operating Lease Liability
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33821000 USD
CY2020Q3 us-gaap Asset Retirement Obligation
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14805000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
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6142000 USD
snd Asset Retirement Obligation Liabilities Incurred And Revision Of Prior Estimated
AssetRetirementObligationLiabilitiesIncurredAndRevisionOfPriorEstimated
8424000 USD
us-gaap Asset Retirement Obligation Accretion Expense
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239000 USD
CY2020Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
14805000 USD
CY2020Q3 snd Business Combination Contingent Consideration Arrangements Changein Fair Valueof Contingent Consideration Liability
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0 USD
CY2019Q3 snd Business Combination Contingent Consideration Arrangements Changein Fair Valueof Contingent Consideration Liability
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-1215000 USD
snd Business Combination Contingent Consideration Arrangements Changein Fair Valueof Contingent Consideration Liability
BusinessCombinationContingentConsiderationArrangementsChangeinFairValueofContingentConsiderationLiability
-1020000 USD
snd Business Combination Contingent Consideration Arrangements Changein Fair Valueof Contingent Consideration Liability
BusinessCombinationContingentConsiderationArrangementsChangeinFairValueofContingentConsiderationLiability
-2757000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
570000 USD
CY2020Q3 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
570000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23409000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
65690000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
97002000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
185406000 USD
CY2019Q4 us-gaap Contract With Customer Liability
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us-gaap Contract With Customer Liability Revenue Recognized
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5357000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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1149000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
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2818000 USD
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2237000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
770000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2237000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
760000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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39973000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40233000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39903000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40102000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000 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
61000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39973000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40240000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39903000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40163000 shares
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4612000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4612000 USD
CY2020Q2 snd Ppp Change In Tax Rate Deferred Tax Liability Income Tax Benefit
PPPChangeInTaxRateDeferredTaxLiabilityIncomeTaxBenefit
821000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.051
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.190
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.120
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.204
CY2020Q3 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 USD
CY2019Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 USD
CY2020Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
0 USD
CY2020Q3 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
2418000 USD
CY2020Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
2466000 USD
CY2020Q3 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
2716000 USD
CY2020Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
2469000 USD
CY2020Q3 snd Other Commitment Due After Fourth Year
OtherCommitmentDueAfterFourthYear
30117000 USD
CY2020Q3 us-gaap Other Commitment
OtherCommitment
40186000 USD

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