2023 Q3 Form 10-Q Financial Statement
#000152962823000096 Filed on August 08, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| Revenue | $76.90M | $74.78M | $68.71M |
| YoY Change | 7.41% | 8.82% | 131.84% |
| Cost Of Revenue | $62.50M | $62.09M | $59.74M |
| YoY Change | 3.89% | 3.92% | 86.7% |
| Gross Profit | $14.40M | $12.69M | $8.971M |
| YoY Change | 25.98% | 41.44% | -480.13% |
| Gross Profit Margin | 18.72% | 16.97% | 13.06% |
| Selling, General & Admin | $4.625M | $4.590M | $7.021M |
| YoY Change | 30.58% | -34.62% | 82.13% |
| % of Gross Profit | 32.12% | 36.17% | 78.26% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $6.776M | $6.543M | $6.648M |
| YoY Change | 4.28% | -1.58% | 10.12% |
| % of Gross Profit | 47.06% | 51.56% | 74.11% |
| Operating Expenses | $9.472M | $9.606M | $7.584M |
| YoY Change | 23.78% | 26.66% | -71.17% |
| Operating Profit | $4.926M | $3.083M | $1.387M |
| YoY Change | 30.42% | 122.28% | -104.84% |
| Interest Expense | -$276.0K | -$223.0K | -$406.0K |
| YoY Change | -32.85% | -45.07% | -20.86% |
| % of Operating Profit | -5.6% | -7.23% | -29.27% |
| Other Income/Expense, Net | -$78.00K | -$64.00K | $56.00K |
| YoY Change | -70.34% | -214.29% | -98.1% |
| Pretax Income | $4.848M | $3.019M | $1.037M |
| YoY Change | 37.96% | 191.13% | -104.03% |
| Income Tax | -$1.879M | -$3.288M | $1.127M |
| % Of Pretax Income | -38.76% | -108.91% | 108.68% |
| Net Earnings | $6.727M | $6.307M | -$90.00K |
| YoY Change | 150.73% | -7107.78% | -99.67% |
| Net Earnings / Revenue | 8.75% | 8.43% | -0.13% |
| Basic Earnings Per Share | $0.18 | $0.17 | $0.00 |
| Diluted Earnings Per Share | $0.18 | $0.17 | -$2.134K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 41.23M shares | 41.33M shares | 44.50M shares |
| Diluted Shares Outstanding | 38.41M shares | 37.97M shares | 42.18M shares |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $9.300M | $5.492M | $2.098M |
| YoY Change | -10.33% | 161.77% | -94.66% |
| Cash & Equivalents | $9.309M | $5.492M | $2.098M |
| Short-Term Investments | |||
| Other Short-Term Assets | $700.0K | $1.554M | $9.197M |
| YoY Change | -90.55% | -83.1% | -38.11% |
| Inventory | $25.96M | $23.01M | $16.88M |
| Prepaid Expenses | |||
| Receivables | $24.02M | $30.00M | $36.98M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $60.16M | $60.30M | $65.14M |
| YoY Change | -17.13% | -7.43% | -20.23% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $255.6M | $256.8M | $301.4M |
| YoY Change | -4.33% | -14.8% | 12.29% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $6.074M | $6.272M | |
| YoY Change | -11.55% | ||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $185.0K | $214.0K | $347.0K |
| YoY Change | -41.27% | -38.33% | -29.18% |
| Total Long-Term Assets | $286.4M | $288.3M | $308.8M |
| YoY Change | -5.44% | -6.64% | 0.99% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $60.16M | $60.30M | $65.14M |
| Total Long-Term Assets | $286.4M | $288.3M | $308.8M |
| Total Assets | $346.5M | $348.6M | $374.0M |
| YoY Change | -7.7% | -6.77% | -3.48% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $10.44M | $15.20M | $12.70M |
| YoY Change | -10.27% | 19.71% | 156.94% |
| Accrued Expenses | $26.40M | $23.71M | $24.81M |
| YoY Change | -1.59% | -4.45% | 40.65% |
| Deferred Revenue | $2.018M | $6.345M | |
| YoY Change | -79.63% | ||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $5.691M | $5.521M | $6.869M |
| YoY Change | -12.38% | -19.62% | -4.29% |
| Total Short-Term Liabilities | $44.75M | $50.77M | $53.72M |
| YoY Change | -18.43% | -5.48% | 55.31% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $6.895M | $7.462M | $14.78M |
| YoY Change | -57.67% | -49.52% | -21.48% |
| Other Long-Term Liabilities | $40.00K | $40.00K | $49.79M |
| YoY Change | -4.76% | -99.92% | 9759.01% |
| Total Long-Term Liabilities | $6.935M | $7.502M | $64.57M |
| YoY Change | -57.53% | -88.38% | 234.03% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $44.75M | $50.77M | $53.72M |
| Total Long-Term Liabilities | $6.935M | $7.502M | $64.57M |
| Total Liabilities | $100.4M | $109.8M | $137.5M |
| YoY Change | -26.12% | -20.1% | 6.85% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $79.33M | $72.60M | |
| YoY Change | 17.93% | ||
| Common Stock | $181.0M | $180.1M | |
| YoY Change | 2.22% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $246.1M | $238.8M | $236.5M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $346.5M | $348.6M | $374.0M |
| YoY Change | -7.7% | -6.77% | -3.48% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $6.727M | $6.307M | -$90.00K |
| YoY Change | 150.73% | -7107.78% | -99.67% |
| Depreciation, Depletion And Amortization | $6.776M | $6.543M | $6.648M |
| YoY Change | 4.28% | -1.58% | 10.12% |
| Cash From Operating Activities | $12.48M | $16.07M | -$2.287M |
| YoY Change | 15.77% | -802.58% | -107.02% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $6.880M | $5.227M | -$1.369M |
| YoY Change | -256.43% | -481.81% | -51.51% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $50.00K | $72.00K | $0.00 |
| YoY Change | -94.97% | -100.0% | |
| Cash From Investing Activities | -$6.830M | -$5.155M | -$1.369M |
| YoY Change | 100.71% | 276.55% | -51.47% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.830M | -13.03M | 1.056M |
| YoY Change | -304.24% | -1333.43% | -156.29% |
| NET CHANGE | |||
| Cash From Operating Activities | 12.48M | 16.07M | -2.287M |
| Cash From Investing Activities | -6.830M | -5.155M | -1.369M |
| Cash From Financing Activities | -1.830M | -13.03M | 1.056M |
| Net Change In Cash | 3.820M | -2.112M | -2.600M |
| YoY Change | -53.83% | -18.77% | -109.33% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $12.48M | $16.07M | -$2.287M |
| Capital Expenditures | $6.880M | $5.227M | -$1.369M |
| Free Cash Flow | $5.600M | $10.84M | -$918.0K |
| YoY Change | -63.1% | -1280.94% | -102.59% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Stockholders Equity
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Net Income Loss
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Depreciation Amortization And Accretion Net
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Depreciation Amortization And Accretion Net
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Amortization Of Intangible Assets
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Provision For Doubtful Accounts
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Provision For Doubtful Accounts
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Deferred Income Tax Expense Benefit
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Share Based Compensation
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Capital Expenditures Incurred But Not Yet Paid
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Capital Expenditures Incurred But Not Yet Paid
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Other Significant Noncash Transaction Value Of Consideration Given1
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Nature Of Operations
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Organization and Nature of Business<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 Spring, Texas. The Company primarily operates as a fully integrated frac and industrial sand supply and services company. The Company offers complete mine to wellsite proppant supply and logistics solutions to our frac sand customers in the oil and natural gas industry. These operations include the excavation, processing and sale of sand, or proppant, for hydraulic fracturing operations as well as 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. In late 2021, the Company created its Industrial Product Solutions (“IPS”) business in order to diversify its customer base and markets it serves by offering sand to customers for industrial uses, such as glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf & landscape, retail, and recreation.</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-style:italic;font-weight:700;line-height:120%">Sand Mines and Processing Facilities</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’s integrated Oakdale facility, with on-site rail infrastructure and wet and dry sand processing facilities, has access to two Class I rail lines which enable the Company to process and cost effectively deliver products to its customers. The Company commenced operations at its mine and processing facility near Oakdale, Wisconsin in July 2012, and subsequently expanded its operations in 2014, 2015 and 2018. Currently, the annual processing capacity at the Company’s Oakdale facility is 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%">In September 2020, the Company acquired two frac sand mines and related processing facilities in Utica, Illinois and New Auburn, Wisconsin. The Utica facility has an annual processing capacity of 1.6 million tons and access to the Burlington Northern Santa Fe Class I rail line through the Peru, Illinois transload facility. The Company began operating the Utica, Illinois mine and Peru, Illinois transload facility in October 2020. The Company has no plans to operate the New Auburn facility for the foreseeable future.</span></div><div style="margin-bottom:9pt;text-indent:20.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2022, the Company entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Hi-Crush Inc., a Delaware corporation (“HCR”), and Hi-Crush Blair LLC, a Delaware limited liability company and wholly-owned subsidiary of HCR (“Blair”), pursuant to which the Company acquired all of the issued and outstanding limited liability company interests of Blair from HCR for aggregate cash consideration of approximately $6,450, subject to customary purchase price adjustments as set forth in the Purchase Agreement (the “Transaction”). </span></div><div style="margin-bottom:9pt;text-indent:20.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The primary assets of Blair consisted of an idle frac sand mine and related processing facility located in Blair, Wisconsin. The Blair facility has approximately 2.9 million tons of total annual processing capacity and contains an onsite, unit train capable rail terminal with access to the Class 1 Canadian National Railway. The Company commenced operations at the Blair facility in April 2023.</span></div><div style="margin-bottom:9pt;text-indent:20.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Transload & Logistics 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%">The Company also offers proppant logistics solutions to its customers through, among other things, its network of in-basin transloading terminals and 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%"> wellsite proppant storage and management capabilities. The Company has direct access to four Class I rail lines and the ability to access all Class 1 rail lines within the United States and Canada.</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 has several in-basin rail terminals. The Company acquired rights in March 2018 to operate a unit train capable transloading terminal in Van Hook, North Dakota to service the Bakken Formation in the Williston Basin. In 2020, the Company, as part of its acquisition of the Utica, Illinois facility, obtained rights to use a rail terminal located in El Reno, Oklahoma. In September 2021, the Company acquired the rights to construct and operate another transloading terminal in Waynesburg, Pennsylvania to service the Appalachian Basin, including the Marcellus and Utica Formations, which became operational in January 2022. </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’s SmartSystems offer proppant storage 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 includes passive and active dust suppression technology, along with the capability of gravity-fed operation. The self-contained SmartPath</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%"> transloader is a mobile sand transloading system designed to work with bottom dump trailers and features a drive over conveyor, surge bin, and dust collection system. The Company has developed a belt system to pair with its SmartPath, which allows for feeding sand directly into the hopper at the wellsite. Rapid deployment trailers are designed for quick setup, takedown and transportation of the entire </span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SmartSystem, and they detach from the wellsite equipment, which allows for removal from the wellsite during operation. A proprietary software program, 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%">, allows customers to monitor silo-specific information, including location, proppant type and proppant inventory.</span> | ||
| CY2023Q2 | 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 March 31, 2023, the Company identified a misclassification in the operating expenses section of the statement of operations in the audited financial statements for the year ended December 31, 2022. The misclassification was an overstatement of salaries, benefits and payroll taxes and an understatement of selling, general and administrative in the amount of $1,462. For the three and twelve months ended December 31, 2022, the Company has decreased salaries, benefits and payroll taxes and increased selling, general and administrative line items by $1,462. There was no effect to the amounts reported in the first, second or third quarter financial statements of 2022. Pursuant to the guidance of Staff Accounting Bulletin (“SAB”) No. 99, “Materiality”, the Company evaluated the materiality of this misclassification quantitatively and qualitatively and concluded that it was not material to any of its prior annual or quarterly financial statements or trends of financial results. The Company has reclassified the prior year financial statement presentation to conform to the current financial statement presentation. These reclassifications have no effect on previously reported net income. Additionally, certain 2022 operating expenses have been reclassified to conform to the current financial statement presentation. The reclassifications have no effect on previously reported net income.</span></div> | ||
| 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 interim statements 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: impairment considerations of assets, including intangible assets, fixed assets, and inventory; estimated cost of future asset retirement obligations; fair value of acquired assets and assume liabilities; recoverability of deferred tax assets; inventory reserve; the collectability of receivables; and certain liabilities. </span></div>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 decrease in demand related to COVID-19 pandemic in 2020 and 2021 and the ongoing conflict in Ukraine have caused dramatic swings in oil and natural gas prices and significant volatility in the oilfield service sector. The Company is currently unable to estimate the impact of current or future events on its future financial position and results of operations. Therefore, the Company can give no assurances that these events will not have a material adverse effect on its financial position or results of operations. | ||
| CY2022Q2 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
6547000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
402856000 | usd |
| CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
393797000 | usd |
| CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
146066000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
134954000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
256790000 | usd |
| CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
258843000 | usd |
| CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
6543000 | usd |
| CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
6449000 | usd |
| us-gaap |
Depreciation
Depreciation
|
12885000 | usd | |
| us-gaap |
Depreciation
Depreciation
|
12810000 | usd | |
| CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1812000 | usd |
| CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1172000 | usd |
| CY2023Q2 | snd |
Accrued Equipment Expense
AccruedEquipmentExpense
|
361000 | usd |
| CY2022Q4 | snd |
Accrued Equipment Expense
AccruedEquipmentExpense
|
597000 | usd |
| CY2023Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
306000 | usd |
| CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
295000 | usd |
| CY2023Q2 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
2624000 | usd |
| CY2022Q4 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
3470000 | usd |
| CY2023Q2 | snd |
Accrued Freight And Delivery Charges Current
AccruedFreightAndDeliveryChargesCurrent
|
2138000 | usd |
| CY2022Q4 | snd |
Accrued Freight And Delivery Charges Current
AccruedFreightAndDeliveryChargesCurrent
|
4117000 | usd |
| CY2023Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
1357000 | usd |
| CY2022Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
1008000 | usd |
| CY2023Q2 | us-gaap |
Accrued Utilities Current And Noncurrent
AccruedUtilitiesCurrentAndNoncurrent
|
1058000 | usd |
| CY2022Q4 | us-gaap |
Accrued Utilities Current And Noncurrent
AccruedUtilitiesCurrentAndNoncurrent
|
1604000 | usd |
| CY2023Q2 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
2141000 | usd |
| CY2022Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
829000 | usd |
| CY2023Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
247000 | usd |
| CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | usd |
| CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
647000 | usd |
| CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
338000 | usd |
| CY2023Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
12691000 | usd |
| CY2022Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
13430000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6183000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
9807000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
3362000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
8064000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
2289000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
549000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
233000 | usd |
| CY2023Q2 | snd |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
7000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
14504000 | usd |
| us-gaap |
Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
|
1253000 | usd | |
| CY2023Q2 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
268000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5521000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
7462000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
25055000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
853000 | usd |
| CY2023Q2 | snd |
Lessee Lease Assets
LesseeLeaseAssets
|
25908000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
26760000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
966000 | usd |
| CY2023Q2 | snd |
Lessee Lease Liability
LesseeLeaseLiability
|
27726000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
49000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
18000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
3418000 | usd |
| CY2022Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
3073000 | usd |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
6613000 | usd | |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
5880000 | usd | |
| CY2023Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
9000 | usd |
| CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
3494000 | usd |
| us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
33000 | usd | |
| us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
7383000 | usd | |
| us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
123000 | usd | |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
5157000 | usd | |
| CY2023Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y2M12D | |
| CY2023Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0930 | |
| CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y9M18D | |
| CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0609 | |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
6125000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
299000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Remainderof Fiscal Year
FinanceAndOperatingLeaseLiabilityPaymentsRemainderofFiscalYear
|
6424000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
11094000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
257000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due Year One
FinanceAndOperatingLeaseLiabilityPaymentsDueYearOne
|
11351000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
6256000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
257000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due Year Two
FinanceAndOperatingLeaseLiabilityPaymentsDueYearTwo
|
6513000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3479000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
247000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due Year Three
FinanceAndOperatingLeaseLiabilityPaymentsDueYearThree
|
3726000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1639000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
59000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due Year Four
FinanceAndOperatingLeaseLiabilityPaymentsDueYearFour
|
1698000 | usd |
| CY2023Q2 | snd |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
626000 | usd |
| CY2023Q2 | snd |
Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
|
7000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due After Year Four
FinanceAndOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
633000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
29219000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1126000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Payments Due
FinanceAndOperatingLeaseLiabilityPaymentsDue
|
30345000 | usd |
| CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2459000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
160000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability Undiscounted Excess Amount
FinanceAndOperatingLeaseLiabilityUndiscountedExcessAmount
|
2619000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
26760000 | usd |
| CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
966000 | usd |
| CY2023Q2 | snd |
Finance And Operating Lease Liability
FinanceAndOperatingLeaseLiability
|
27726000 | usd |
| CY2023Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
19323000 | usd |
| CY2022Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
18888000 | usd |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
435000 | usd | |
| CY2023Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
19323000 | usd |
| CY2023Q2 | us-gaap |
Revenues
Revenues
|
74776000 | usd |
| CY2022Q2 | us-gaap |
Revenues
Revenues
|
68714000 | usd |
| us-gaap |
Revenues
Revenues
|
157126000 | usd | |
| us-gaap |
Revenues
Revenues
|
110319000 | usd | |
| CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
6727000 | usd |
| us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
4313000 | usd | |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
218402000 | usd |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
74680000 | usd |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
71386000 | usd |
| CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
72336000 | usd |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37968000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
42181000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
39611000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
42134000 | shares | |
| CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| CY2022Q2 | 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
|
48000 | shares | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37968000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42181000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
39659000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42134000 | shares | |
| CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-1.089 | |
| CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
1.087 | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-1.660 | ||
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.341 | ||
| CY2023Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
| us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
| us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
| CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
| CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
2240000 | usd |
| CY2022Q4 | us-gaap |
Tax Credit Carryforward Valuation Allowance
TaxCreditCarryforwardValuationAllowance
|
1588000 | usd |
