$SPSC
SPS COMMERCE INC Stock $spsc

$spsc Overview Financials Valuation SEC Filings Company Website

2021 Q3 Form 10-Q Financial Statement

#000156459021052660 Filed on October 28, 2021

Income Statement

Concept	2021 Q3	2020 Q3	2019 Q4
Revenue	$97.89M	$79.56M	$72.73M
YoY Change	23.04%	12.17%	11.57%
Cost Of Revenue	$34.34M	$25.05M	$23.91M
YoY Change	37.1%	7.68%	12.89%
Gross Profit	$63.54M	$54.51M	$48.82M
YoY Change	16.57%	14.36%	10.93%
Gross Profit Margin	64.92%	68.52%	67.13%
Selling, General & Admin	$36.77M	$31.17M	$28.78M
YoY Change	17.97%	12.68%	1.77%
% of Gross Profit	57.87%	57.18%	58.95%
Research & Development	$10.85M	$8.050M	$7.860M
YoY Change	34.83%	3.96%	20.55%
% of Gross Profit	17.08%	14.77%	16.1%
Depreciation & Amortization	$6.094M	$4.530M	$4.400M
YoY Change	34.53%	9.16%	34.15%
% of Gross Profit	9.59%	8.31%	9.01%
Operating Expenses	$50.02M	$40.55M	$38.06M
YoY Change	23.36%	10.39%	6.31%
Operating Profit	$13.52M	$13.96M	$10.76M
YoY Change	-3.14%	27.69%	31.12%
Interest Expense	-$788.0K	$120.0K	$710.0K
YoY Change	-756.67%	-85.71%	-4.05%
% of Operating Profit	-5.83%	0.86%	6.6%
Other Income/Expense, Net	-$716.0K	$423.0K	$320.0K
YoY Change	-269.27%	-39.57%	-277.78%
Pretax Income	$12.81M	$14.38M	$11.80M
YoY Change	-10.95%	23.61%	34.55%
Income Tax	$1.356M	$2.970M	$2.640M
% Of Pretax Income	10.59%	20.65%	22.37%
Net Earnings	$11.45M	$11.41M	$9.162M
YoY Change	0.37%	27.58%	28.3%
Net Earnings / Revenue	11.7%	14.34%	12.6%
Basic Earnings Per Share	$0.32	$0.32
Diluted Earnings Per Share	$0.31	$0.31	$0.25
COMMON SHARES
Basic Shares Outstanding	35.96M	35.30M	34.84M
Diluted Shares Outstanding	37.02M	36.37M

Balance Sheet

Concept	2021 Q3	2020 Q3	2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$252.0M	$261.2M	$213.5M
YoY Change	-3.53%	29.82%	19.67%
Cash & Equivalents	$195.8M	$208.9M	$179.3M
Short-Term Investments	$56.18M	$52.30M	$34.30M
Other Short-Term Assets	$55.94M	$45.50M	$11.28M
YoY Change	22.94%	442.64%	22.21%
Inventory
Prepaid Expenses
Receivables	$35.33M	$30.30M	$31.53M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$343.3M	$337.0M	$291.6M
YoY Change	1.86%	23.21%	16.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$43.70M	$39.10M	$23.75M
YoY Change	11.77%	88.37%	13.34%
Goodwill	$134.7M	$76.54M	$76.85M
YoY Change	75.95%	0.23%	10.32%
Intangibles
YoY Change
Long-Term Investments	$0.00	$2.500M
YoY Change	-100.0%
Other Assets	$17.18M	$13.90M	$2.513M
YoY Change	23.57%	430.33%	45.85%
Total Long-Term Assets	$248.0M	$150.7M	$155.8M
YoY Change	64.58%	-1.55%	14.15%
TOTAL ASSETS
Total Short-Term Assets	$343.3M	$337.0M	$291.6M
Total Long-Term Assets	$248.0M	$150.7M	$155.8M
Total Assets	$591.3M	$487.7M	$447.4M
YoY Change	21.24%	14.32%	15.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.752M	$5.000M	$4.274M
YoY Change	-24.96%	14.5%	-3.74%
Accrued Expenses	$41.99M	$29.80M	$6.207M
YoY Change	40.91%	511.41%	36.18%
Deferred Revenue			$31.46M
YoY Change			24.22%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$94.93M	$70.40M	$68.03M
YoY Change	34.84%	16.3%	20.36%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$21.86M	$19.40M	$405.0K
YoY Change	12.66%	1836.13%	-70.39%
Total Long-Term Liabilities	$21.86M	$19.40M	$405.0K
YoY Change	12.66%	1836.13%	-70.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$94.93M	$70.40M	$68.03M
Total Long-Term Liabilities	$21.86M	$19.40M	$405.0K
Total Liabilities	$120.8M	$92.70M	$92.56M
YoY Change	30.26%	13.7%	37.85%
SHAREHOLDERS EQUITY
Retained Earnings			$48.97M
YoY Change			220.9%
Common Stock			$354.2M
YoY Change			6.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$470.5M	$394.9M	$354.9M
YoY Change
Total Liabilities & Shareholders Equity	$591.3M	$487.7M	$447.4M
YoY Change	21.24%	14.32%	15.88%

Cashflow Statement

Concept	2021 Q3	2020 Q3	2019 Q4
OPERATING ACTIVITIES
Net Income	$11.45M	$11.41M	$9.162M
YoY Change	0.37%	27.58%	28.3%
Depreciation, Depletion And Amortization	$6.094M	$4.530M	$4.400M
YoY Change	34.53%	9.16%	34.15%
Cash From Operating Activities	$26.91M	$28.73M	$20.83M
YoY Change	-6.33%	34.88%	19.23%
INVESTING ACTIVITIES
Capital Expenditures	-$6.829M	-$3.240M	-$5.200M
YoY Change	110.77%	6.58%	34.37%
Acquisitions
YoY Change
Other Investing Activities	-$7.486M	$3.750M	$17.51M
YoY Change	-299.63%	-132.84%	-179.95%
Cash From Investing Activities	-$14.32M	$510.0K	$12.32M
YoY Change	-2906.86%	-103.53%	-147.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.084M	4.810M	-3.600M
YoY Change	-122.54%	-219.65%	41.18%
NET CHANGE
Cash From Operating Activities	26.91M	28.73M	20.83M
Cash From Investing Activities	-14.32M	510.0K	12.32M
Cash From Financing Activities	-1.084M	4.810M	-3.600M
Net Change In Cash	11.51M	34.05M	29.55M
YoY Change	-66.19%	1107.45%	-372.1%
FREE CASH FLOW
Cash From Operating Activities	$26.91M	$28.73M	$20.83M
Capital Expenditures	-$6.829M	-$3.240M	-$5.200M
Free Cash Flow	$33.74M	$31.97M	$26.03M
YoY Change	5.53%	31.35%	21.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2020Q3	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	4717000
CY2020Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	969000
CY2020Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-59000
CY2020Q3	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	7000
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	394940000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	454749000
CY2021Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6361000
CY2021Q3	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	2997000
CY2021Q3	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	130000
CY2021Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4211000
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	11449000
CY2021Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-968000
CY2021Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-27000
CY2021Q3	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	48000
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	470528000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	354876000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13090000
	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	14143000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1645000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	18950000
	us-gaap	Net Income Loss NetIncomeLoss	32116000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-779000
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	19000
	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	-151000
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	394940000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	420721000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19866000
	spsc	Stock Issued During Period Value Restricted Stock And Stock Options Exercised StockIssuedDuringPeriodValueRestrictedStockAndStockOptionsExercised	7027000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	2316000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	10661000
	us-gaap	Net Income Loss NetIncomeLoss	31832000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-604000
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-107000
	spsc	Reclassification Of Gain Loss On Investments In To Earnings Net Of Tax ReclassificationOfGainLossOnInvestmentsInToEarningsNetOfTax	138000
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	470528000
	us-gaap	Net Income Loss NetIncomeLoss	31832000
	us-gaap	Net Income Loss NetIncomeLoss	32116000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1013000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	4324000
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	72000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10989000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9474000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7734000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3985000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4037000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4198000
	us-gaap	Share Based Compensation ShareBasedCompensation	21273000
	us-gaap	Share Based Compensation ShareBasedCompensation	14246000
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-234000
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	16000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5327000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4551000
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	5686000
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	1129000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3893000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2612000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1518000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1357000
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	6617000
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-3989000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-174000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3000
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	13401000
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	3961000
	spsc	Increase Decrease In Operating Leases IncreaseDecreaseInOperatingLeases	1036000
	spsc	Increase Decrease In Operating Leases IncreaseDecreaseInOperatingLeases	-1128000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	81568000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	65529000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	15567000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11639000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	84020000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	67636000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	67500000
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	47300000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32087000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-31975000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	10661000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	18950000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	7027000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	14143000
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	2316000
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	1645000
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	2042000
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	688000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3360000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3850000
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-10000
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-26000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	46111000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	29678000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	149692000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	179252000
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	195803000
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	208930000
	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>
CY2021Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	97887000
CY2020Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	79557000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	282520000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	229322000
	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
CY2021Q2	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	53841000
CY2020Q2	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	46649000
CY2020Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	50595000
CY2019Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	46941000
CY2021Q3	spsc	Deferred Costs Incurred DeferredCostsIncurred	16459000
CY2020Q3	spsc	Deferred Costs Incurred DeferredCostsIncurred	14258000
	spsc	Deferred Costs Incurred DeferredCostsIncurred	45922000
	spsc	Deferred Costs Incurred DeferredCostsIncurred	39329000
CY2021Q3	spsc	Deferred Costs Amortized DeferredCostsAmortized	-14207000
CY2020Q3	spsc	Deferred Costs Amortized DeferredCostsAmortized	-12774000
	spsc	Deferred Costs Amortized DeferredCostsAmortized	-40424000
	spsc	Deferred Costs Amortized DeferredCostsAmortized	-38137000
CY2021Q3	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	56093000
CY2020Q3	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	48133000
CY2021Q3	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	56093000
CY2020Q3	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	48133000
CY2021Q3	spsc	Financial Instrument Amortized Cost Basis FinancialInstrumentAmortizedCostBasis	207914000
CY2021Q3	spsc	Financial Instrument Net Unrealized Gain Loss Before Tax FinancialInstrumentNetUnrealizedGainLossBeforeTax	-70000
CY2021Q3	spsc	Financial Instruments Fair Value FinancialInstrumentsFairValue	207844000
CY2020Q4	spsc	Financial Instrument Amortized Cost Basis FinancialInstrumentAmortizedCostBasis	153304000
CY2020Q4	spsc	Financial Instrument Net Unrealized Gain Loss Before Tax FinancialInstrumentNetUnrealizedGainLossBeforeTax	-111000
CY2020Q4	spsc	Financial Instruments Fair Value FinancialInstrumentsFairValue	153193000
CY2021Q3	spsc	Financial Instruments Maturities Within One Year Fair Value FinancialInstrumentsMaturitiesWithinOneYearFairValue	207844000
CY2020Q4	spsc	Financial Instruments Maturities Within One Year Fair Value FinancialInstrumentsMaturitiesWithinOneYearFairValue	150693000
CY2020Q4	spsc	Financial Instruments Maturities Within One To Two Year Fair Value FinancialInstrumentsMaturitiesWithinOneToTwoYearFairValue	2500000
CY2021Q3	spsc	Financial Instruments Fair Value FinancialInstrumentsFairValue	207844000
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	4037000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4198000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	3666000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	2977000
CY2020Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3759000
CY2020Q4	us-gaap	Goodwill Goodwill	134853000
CY2019Q4	us-gaap	Goodwill Goodwill	76845000
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	268000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-441000
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-302000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	52471000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	88794000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	35261000
CY2021Q3	spsc	Finite Lived Intangible Assets Accumulated Foreign Currency Translation Gain Loss FiniteLivedIntangibleAssetsAccumulatedForeignCurrencyTranslationGainLoss	-1062000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	52471000
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
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	2214000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	8822000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	8746000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	7476000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	7337000
CY2021Q3	spsc	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	17876000
CY2021Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	943000
CY2020Q2	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
CY2021Q3	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	32000
CY2020Q3	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	7000
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	130000
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	87000
CY2021Q3	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	172000
CY2020Q3	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	65000
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	508000
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	123000
CY2021Q3	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	803000
CY2021Q3	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	803000
CY2020Q3	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	1130000
CY2021Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	12665000
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15581000
CY2021Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	873000
CY2020Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	857000
	us-gaap	Operating Lease Cost OperatingLeaseCost	2309000
	us-gaap	Operating Lease Cost OperatingLeaseCost	2225000
CY2021Q3	us-gaap	Variable Lease Cost VariableLeaseCost	976000
CY2020Q3	us-gaap	Variable Lease Cost VariableLeaseCost	886000
	us-gaap	Variable Lease Cost VariableLeaseCost	2694000
CY2021Q3	us-gaap	Lease Cost LeaseCost	1849000
	us-gaap	Lease Cost LeaseCost	4912000
	us-gaap	Operating Lease Payments OperatingLeasePayments	3190000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	342000
CY2021Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y1M6D
CY2020Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2021Q3	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
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1175000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	4676000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4412000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4057000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	3715000
CY2021Q3	spsc	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	4850000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	22885000
CY2021Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2293000
CY2021Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	20592000
CY2021Q3	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	11900000
CY2021Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	13500000
CY2020Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4893000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21273000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	14246000
CY2020Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4893000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21273000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	14246000
CY2021Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	35700000
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y6M
CY2021Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2021Q3	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0
CY2021Q3	us-gaap	Investment Income Net InvestmentIncomeNet	66000
CY2020Q3	us-gaap	Investment Income Net InvestmentIncomeNet	107000
	us-gaap	Investment Income Net InvestmentIncomeNet	242000
	us-gaap	Investment Income Net InvestmentIncomeNet	1079000
CY2021Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-854000
CY2020Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	559000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-1492000
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	686000
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	72000
CY2020Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-243000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-174000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-475000
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	72000
CY2021Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-716000
CY2020Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	423000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1424000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1218000
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	11449000
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	11407000
	us-gaap	Net Income Loss NetIncomeLoss	31832000
	us-gaap	Net Income Loss NetIncomeLoss	32116000
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35961000
CY2020Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35295000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35873000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35133000
CY2021Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	520000
CY2020Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	578000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	533000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	596000
CY2021Q3	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	534000
CY2020Q3	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	493000
	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	492000
	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	408000
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37015000
CY2020Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36366000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36898000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36137000
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2020Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.89
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.91
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2020Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.86
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.89
CY2021Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	34000
CY2020Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	46000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	203000
	spsc	Number Of Jurisdiction Outside Us Had Excess Revenue Of Ten Percentage NumberOfJurisdictionOutsideUSHadExcessRevenueOfTenPercentage	0

Files In Submission

Name	View Source	Status
0001564590-21-052660-index-headers.html	Edgar Link	pending
0001564590-21-052660-index.html	Edgar Link	pending
0001564590-21-052660.txt	Edgar Link	pending
0001564590-21-052660-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g2hpejjtngoi000001.jpg	Edgar Link	pending
g2hpejjtngoi000002.jpg	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
spsc-10q_20210930.htm	Edgar Link	pending
spsc-10q_20210930_htm.xml	Edgar Link	completed
spsc-20210930.xsd	Edgar Link	pending
spsc-20210930_cal.xml	Edgar Link	unprocessable
spsc-20210930_def.xml	Edgar Link	unprocessable
spsc-20210930_lab.xml	Edgar Link	unprocessable
spsc-20210930_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 Q3 Form 10-Q Financial Statement

#000156459021052660 Filed on October 28, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPSC SPS COMMERCE INC Stock $spsc

2021 Q3 Form 10-Q Financial Statement

#000156459021052660 Filed on October 28, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPSC
SPS COMMERCE INC Stock $spsc