$SPSC
SPS COMMERCE INC Stock $spsc

$spsc Overview Financials Valuation SEC Filings Company Website

2021 Q2 Form 10-Q Financial Statement

#000156459021039148 Filed on July 29, 2021

Income Statement

Concept	2021 Q2	2020 Q2	2020 Q1
Revenue	$94.54M	$75.57M	$74.19M
YoY Change	25.1%	10.28%	10.84%
Cost Of Revenue	$31.73M	$24.33M	$23.54M
YoY Change	30.42%	2.66%	10.15%
Gross Profit	$62.81M	$51.25M	$50.65M
YoY Change	22.55%	14.32%	11.15%
Gross Profit Margin	66.44%	67.82%	68.27%
Selling, General & Admin	$37.71M	$31.35M	$30.21M
YoY Change	20.29%	13.1%	-1.56%
% of Gross Profit	60.04%	61.17%	59.65%
Research & Development	$8.899M	$7.470M	$7.570M
YoY Change	19.13%	14.76%	22.29%
% of Gross Profit	14.17%	14.58%	14.95%
Depreciation & Amortization	$6.199M	$4.450M	$3.138M
YoY Change	39.3%	12.66%	19.0%
% of Gross Profit	9.87%	8.68%	6.2%
Operating Expenses	$49.28M	$40.13M	$39.11M
YoY Change	22.8%	516.53%	2.42%
Operating Profit	$13.53M	$11.12M	$11.54M
YoY Change	21.66%	19.19%	56.34%
Interest Expense	-$270.0K	$230.0K	$640.0K
YoY Change	-217.39%	-71.6%	10.34%
% of Operating Profit	-2.0%	2.07%	5.55%
Other Income/Expense, Net	-$383.0K	$1.468M	-$673.0K
YoY Change	-126.09%	1.03%	-241.98%
Pretax Income	$13.15M	$12.58M	$10.86M
YoY Change	4.51%	16.66%	38.29%
Income Tax	$2.963M	$1.390M	$1.350M
% Of Pretax Income	22.54%	11.05%	12.43%
Net Earnings	$10.18M	$11.19M	$9.515M
YoY Change	-9.03%	27.26%	39.66%
Net Earnings / Revenue	10.77%	14.81%	12.82%
Basic Earnings Per Share	$0.28	$0.32	$0.27
Diluted Earnings Per Share	$0.28	$0.31	$0.26
COMMON SHARES
Basic Shares Outstanding	35.90M shares	35.03M	35.07M
Diluted Shares Outstanding	36.75M shares	36.02M	35.93M

Balance Sheet

Concept	2021 Q2	2020 Q2	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$233.4M	$225.6M	$214.6M
YoY Change	3.44%	13.54%	15.75%
Cash & Equivalents	$184.4M	$174.9M	$184.5M
Short-Term Investments	$49.00M	$50.80M	$30.10M
Other Short-Term Assets	$51.86M	$44.20M	$45.00M
YoY Change	17.33%	434.79%	3.21%
Inventory
Prepaid Expenses
Receivables	$37.94M	$34.20M	$30.30M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$323.2M	$304.0M	$289.9M
YoY Change	6.3%	11.45%	12.71%
LONG-TERM ASSETS
Property, Plant & Equipment	$42.40M	$40.30M	$39.20M
YoY Change	5.21%	95.66%	9.19%
Goodwill	$135.4M	$75.88M	$74.46M
YoY Change	78.37%	7.94%	6.26%
Intangibles
YoY Change
Long-Term Investments	$0.00	$7.600M
YoY Change	-100.0%
Other Assets	$16.41M	$2.216M	$2.210M
YoY Change	640.7%	-9.62%	-90.13%
Total Long-Term Assets	$249.1M	$157.7M	$149.9M
YoY Change	58.01%	8.11%	-0.05%
TOTAL ASSETS
Total Short-Term Assets	$323.2M	$304.0M	$289.9M
Total Long-Term Assets	$249.1M	$157.7M	$149.9M
Total Assets	$572.3M	$461.7M	$439.8M
YoY Change	23.96%	10.29%	8.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.942M	$4.256M	$4.602M
YoY Change	39.61%	14.78%	4.59%
Accrued Expenses	$36.65M	$5.067M	$5.374M
YoY Change	623.31%	2.07%	-73.26%
Deferred Revenue		$36.27M	$34.93M
YoY Change		19.41%	20.91%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$91.44M	$66.74M	$61.90M
YoY Change	37.02%	14.27%	15.92%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$22.72M	$20.70M	$21.70M
YoY Change	9.78%	1921.48%	1423.88%
Total Long-Term Liabilities	$22.72M	$20.70M	$21.70M
YoY Change	9.78%	1921.48%	1423.88%
TOTAL LIABILITIES
Total Short-Term Liabilities	$91.44M	$66.74M	$61.90M
Total Long-Term Liabilities	$22.72M	$20.70M	$21.70M
Total Liabilities	$117.5M	$88.35M	$84.60M
YoY Change	33.02%	10.06%	10.59%
SHAREHOLDERS EQUITY
Retained Earnings		$68.61M
YoY Change		122.26%
Common Stock		$373.7M
YoY Change		8.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$454.7M	$373.3M	$355.2M
YoY Change
Total Liabilities & Shareholders Equity	$572.3M	$461.7M	$439.8M
YoY Change	23.96%	10.29%	8.01%

Cashflow Statement

Concept	2021 Q2	2020 Q2	2020 Q1
OPERATING ACTIVITIES
Net Income	$10.18M	$11.19M	$9.515M
YoY Change	-9.03%	27.26%	39.66%
Depreciation, Depletion And Amortization	$6.199M	$4.450M	$3.138M
YoY Change	39.3%	12.66%	19.0%
Cash From Operating Activities	$33.05M	$22.13M	$14.67M
YoY Change	49.34%	13.72%	43.78%
INVESTING ACTIVITIES
Capital Expenditures	-$5.478M	-$4.430M	$3.965M
YoY Change	23.66%	80.82%	36.77%
Acquisitions
YoY Change
Other Investing Activities	-$7.494M	-$27.51M	$3.420M
YoY Change	-72.76%	186.56%	23.02%
Cash From Investing Activities	-$12.97M	-$31.94M	-$550.0K
YoY Change	-59.39%	165.06%	354.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$12.00M
YoY Change			304.59%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-5.016M	260.0K	-8.918M
YoY Change	-2029.23%	-106.45%	1705.26%
NET CHANGE
Cash From Operating Activities	33.05M	22.13M	14.67M
Cash From Investing Activities	-12.97M	-31.94M	-550.0K
Cash From Financing Activities	-5.016M	260.0K	-8.918M
Net Change In Cash	15.06M	-9.550M	5.232M
YoY Change	-257.7%	-382.54%	-46.92%
FREE CASH FLOW
Cash From Operating Activities	$33.05M	$22.13M	$14.67M
Capital Expenditures	-$5.478M	-$4.430M	$3.965M
Free Cash Flow	$38.53M	$26.56M	$10.70M
YoY Change	45.05%	21.22%	46.56%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-383000
CY2020Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1468000
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	13146000
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	12579000
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2963000
CY2021Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-12000
CY2020Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	3000
CY2021Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	11000
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	170000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2044000
CY2020Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	13238000
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35903000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35030000
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36753000
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36016000
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	355188000
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4628000
CY2020Q4	us-gaap	Goodwill Goodwill	134853000
CY2021Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-35000
CY2021Q2	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	33000
	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	9426000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1550000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	18950000
	us-gaap	Net Income Loss NetIncomeLoss	20709000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1748000
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	78000
	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	-158000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	373310000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13505000
	spsc	Stock Issued During Period Value Pursuant To Stock Awards StockIssuedDuringPeriodValuePursuantToStockAwards	4030000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	2186000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6450000
	us-gaap	Net Income Loss NetIncomeLoss	20383000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	-27000
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2020Q2	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	5743000
CY2020Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1463000
CY2020Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6950000
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	11194000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2116000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	7000
CY2020Q2	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	-79000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	373310000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	440523000
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7014000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	364000
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-80000
	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	90000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	454749000
	us-gaap	Net Income Loss NetIncomeLoss	20383000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	351000
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	72000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7294000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5335000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2831000
	us-gaap	Share Based Compensation ShareBasedCompensation	14424000
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-170000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	6945000
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	3338000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1201000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-147000
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	3246000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2087000
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	12893000
	spsc	Increase Decrease In Operating Leases IncreaseDecreaseInOperatingLeases	1449000
	spsc	Increase Decrease In Operating Leases IncreaseDecreaseInOperatingLeases	-842000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	54658000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8738000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	44034000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	35000000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17772000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32490000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6450000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	18950000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	4030000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	9426000
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	2186000
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	1550000
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	2042000
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	688000
	us-gaap	Use Of Estimates UseOfEstimates	<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;color:#1F282C;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="Background-color:#FFFFFF;margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Preparing financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p>
CY2021Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	94539000
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	75573000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	184633000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	149765000
	spsc	Recurring Revenues Timing Of Billings Latest Period RecurringRevenuesTimingOfBillingsLatestPeriod	P30D
	spsc	Estimated Period For Material Rights Present To Customers EstimatedPeriodForMaterialRightsPresentToCustomers	P2Y
	spsc	Set Up Fees Recognized Period SetUpFeesRecognizedPeriod	P2Y
	spsc	Maximum Recognition Period For Miscellaneous One Time Fee MaximumRecognitionPeriodForMiscellaneousOneTimeFee	P1Y
CY2021Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	51540000
CY2020Q1	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	46936000
CY2020Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	50595000
CY2019Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	46941000
CY2021Q2	spsc	Deferred Costs Incurred DeferredCostsIncurred	16036000
CY2020Q2	spsc	Deferred Costs Incurred DeferredCostsIncurred	12350000
	spsc	Deferred Costs Incurred DeferredCostsIncurred	29463000
	spsc	Deferred Costs Incurred DeferredCostsIncurred	25071000
CY2021Q2	spsc	Deferred Costs Amortized DeferredCostsAmortized	-13735000
CY2020Q2	spsc	Deferred Costs Amortized DeferredCostsAmortized	-12637000
	spsc	Deferred Costs Amortized DeferredCostsAmortized	-26217000
	spsc	Deferred Costs Amortized DeferredCostsAmortized	-25363000
CY2021Q2	spsc	Financial Instrument Amortized Cost Basis FinancialInstrumentAmortizedCostBasis	187199000
CY2021Q2	spsc	Financial Instrument Net Unrealized Gain Loss Before Tax FinancialInstrumentNetUnrealizedGainLossBeforeTax	-98000
CY2021Q2	spsc	Financial Instruments Fair Value FinancialInstrumentsFairValue	187101000
CY2020Q4	spsc	Financial Instrument Amortized Cost Basis FinancialInstrumentAmortizedCostBasis	153304000
CY2020Q4	spsc	Financial Instrument Net Unrealized Gain Loss Before Tax FinancialInstrumentNetUnrealizedGainLossBeforeTax	-111000
CY2021Q2	spsc	Financial Instruments Maturities Within One Year Fair Value FinancialInstrumentsMaturitiesWithinOneYearFairValue	187101000
CY2020Q4	spsc	Financial Instruments Maturities Within One To Two Year Fair Value FinancialInstrumentsMaturitiesWithinOneToTwoYearFairValue	2500000
CY2021Q2	spsc	Financial Instruments Fair Value FinancialInstrumentsFairValue	187101000
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4233000
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1469000
	us-gaap	Accounts Receivable Change In Method Credit Loss Expense Reversal AccountsReceivableChangeInMethodCreditLossExpenseReversal	1069000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2831000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3020000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	2809000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1895000
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4255000
CY2020Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3663000
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	268000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	233000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-962000
CY2021Q2	us-gaap	Goodwill Goodwill	135354000
CY2020Q2	us-gaap	Goodwill Goodwill	75883000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	88794000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	33205000
CY2021Q2	spsc	Finite Lived Intangible Assets Accumulated Foreign Currency Translation Gain Loss FiniteLivedIntangibleAssetsAccumulatedForeignCurrencyTranslationGainLoss	-639000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	54950000
CY2020Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	88340000
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	28207000
CY2020Q4	spsc	Finite Lived Intangible Assets Accumulated Foreign Currency Translation Gain Loss FiniteLivedIntangibleAssetsAccumulatedForeignCurrencyTranslationGainLoss	97000
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	60230000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	4627000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	8856000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	8778000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	7476000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	7337000
CY2021Q2	spsc	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	17876000
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	54950000
CY2021Q1	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1170000
CY2020Q1	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1188000
CY2020Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1181000
CY2019Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1166000
CY2021Q2	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	52000
CY2020Q2	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	29000
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	98000
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	80000
CY2021Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	279000
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	336000
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	58000
CY2021Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	943000
CY2020Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1188000
CY2021Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	943000
CY2020Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1188000
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13352000
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15581000
CY2021Q2	us-gaap	Lessee Operating Lease Renewal Term LesseeOperatingLeaseRenewalTerm	P5Y
CY2021Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	896000
CY2020Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	773000
	us-gaap	Operating Lease Cost OperatingLeaseCost	1436000
	us-gaap	Operating Lease Cost OperatingLeaseCost	1368000
CY2021Q2	us-gaap	Variable Lease Cost VariableLeaseCost	950000
CY2020Q2	us-gaap	Variable Lease Cost VariableLeaseCost	909000
	us-gaap	Variable Lease Cost VariableLeaseCost	1718000
	us-gaap	Variable Lease Cost VariableLeaseCost	1801000
CY2021Q2	us-gaap	Lease Cost LeaseCost	1846000
CY2020Q2	us-gaap	Lease Cost LeaseCost	1682000
	us-gaap	Lease Cost LeaseCost	3154000
	us-gaap	Lease Cost LeaseCost	3169000
	us-gaap	Operating Lease Payments OperatingLeasePayments	1204000
	us-gaap	Operating Lease Payments OperatingLeasePayments	2278000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	330000
CY2021Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y3M18D
CY2020Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2021Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.041
CY2020Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.041
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2467000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	4689000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4422000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4064000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	3715000
CY2021Q2	spsc	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	4849000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	24206000
CY2021Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2513000
CY2021Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	21693000
CY2021Q2	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	13700000
CY2021Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	13600000
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7499000
CY2020Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5009000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	14424000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9353000
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7499000
CY2020Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5009000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	14424000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9353000
CY2021Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	37600000
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y7M6D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	51730
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	119734
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	3243
CY2021Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	873639
	us-gaap	Net Income Loss NetIncomeLoss	20709000
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35903000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35030000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35828000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35051000
CY2021Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2021Q2	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0
CY2021Q2	us-gaap	Investment Income Net InvestmentIncomeNet	79000
CY2020Q2	us-gaap	Investment Income Net InvestmentIncomeNet	332000
	us-gaap	Investment Income Net InvestmentIncomeNet	176000
	us-gaap	Investment Income Net InvestmentIncomeNet	972000
CY2021Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-349000
CY2020Q2	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	1370000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-638000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	127000
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-113000
CY2020Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-234000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-246000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-232000
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	72000
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-383000
CY2020Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1468000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-708000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	795000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	10183000
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	11194000
	us-gaap	Net Income Loss NetIncomeLoss	20383000
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	505000
CY2020Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	581000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	536000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	588000
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	345000
CY2020Q2	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	405000
	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	377000
	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	356000
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36753000
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36016000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36741000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35995000
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.57
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2021Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	129000
CY2020Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	206000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	93000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	195000
	spsc	Number Of Jurisdiction Outside Us Had Excess Revenue Of Ten Percentage NumberOfJurisdictionOutsideUSHadExcessRevenueOfTenPercentage	0

Files In Submission

Name	View Source	Status
0001564590-21-039148-index-headers.html	Edgar Link	pending
0001564590-21-039148-index.html	Edgar Link	pending
0001564590-21-039148.txt	Edgar Link	pending
0001564590-21-039148-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gbaau2z1upws000001.jpg	Edgar Link	pending
gbaau2z1upws000002.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
spsc-10q_20210630.htm	Edgar Link	pending
spsc-10q_20210630_htm.xml	Edgar Link	completed
spsc-20210630.xsd	Edgar Link	pending
spsc-20210630_cal.xml	Edgar Link	unprocessable
spsc-20210630_def.xml	Edgar Link	unprocessable
spsc-20210630_lab.xml	Edgar Link	unprocessable
spsc-20210630_pre.xml	Edgar Link	unprocessable
spsc-ex311_8.htm	Edgar Link	pending
spsc-ex312_6.htm	Edgar Link	pending
spsc-ex321_7.htm	Edgar Link	pending

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$SPSC
SPS COMMERCE INC Stock $spsc

2021 Q2 Form 10-Q Financial Statement

#000156459021039148 Filed on July 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPSC SPS COMMERCE INC Stock $spsc

2021 Q2 Form 10-Q Financial Statement

#000156459021039148 Filed on July 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPSC
SPS COMMERCE INC Stock $spsc