2022 Q3 Form 10-Q Financial Statement

#000154934622000028 Filed on July 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $204.1M $206.9M $199.1M
YoY Change 4.97% 8.93% 8.65%
Cost Of Revenue $79.91M $77.02M $69.45M
YoY Change 14.76% 13.67% 12.32%
Gross Profit $124.2M $129.9M $129.7M
YoY Change -0.5% 6.3% 6.78%
Gross Profit Margin 60.85% 62.77% 65.12%
Selling, General & Admin $77.97M $87.32M $84.14M
YoY Change -12.47% 13.49% 15.89%
% of Gross Profit 62.78% 67.24% 64.88%
Research & Development $17.53M $17.16M $13.63M
YoY Change 29.26% 43.1% 26.98%
% of Gross Profit 14.12% 13.22% 10.51%
Depreciation & Amortization $18.26M $16.51M $15.07M
YoY Change 35.37% 62.77% 49.29%
% of Gross Profit 14.7% 12.71% 11.62%
Operating Expenses $95.50M $104.5M $97.76M
YoY Change -6.95% 17.48% 17.32%
Operating Profit $28.69M $25.37M $31.92M
YoY Change 29.39% -23.63% -16.27%
Interest Expense -$1.546M -$2.661M $24.00K
YoY Change -12983.33% -5884.78% -50.0%
% of Operating Profit -5.39% -10.49% 0.08%
Other Income/Expense, Net -$1.546M -$2.661M $758.0K
YoY Change -11.61% -301.13% -130.79%
Pretax Income $27.14M $22.71M $32.68M
YoY Change 32.9% -34.26% -8.36%
Income Tax $4.099M $3.268M $6.104M
% Of Pretax Income 15.1% 14.39% 18.68%
Net Earnings $23.04M $19.45M $26.57M
YoY Change 43.74% -33.98% -9.97%
Net Earnings / Revenue 11.29% 9.4% 13.34%
Basic Earnings Per Share $0.64 $0.54 $0.73
Diluted Earnings Per Share $0.64 $0.53 $0.71
COMMON SHARES
Basic Shares Outstanding 35.97M shares 36.12M shares 36.30M shares
Diluted Shares Outstanding 36.27M shares 36.58M shares 37.20M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $76.24M $84.05M $258.1M
YoY Change -74.63% -79.55% -29.07%
Cash & Equivalents $76.24M $84.05M $258.1M
Short-Term Investments
Other Short-Term Assets $32.10M $30.39M $36.83M
YoY Change 7.8% 28.71% 34.43%
Inventory
Prepaid Expenses
Receivables $52.71M $48.82M $44.77M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $161.1M $163.3M $339.7M
YoY Change -57.13% -66.3% -22.89%
LONG-TERM ASSETS
Property, Plant & Equipment $55.14M $52.55M $50.21M
YoY Change 12.84% 5.12% -0.32%
Goodwill $379.5M $377.7M $219.2M
YoY Change 72.64% 153.34% 47.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.23M $26.25M $25.52M
YoY Change 20.86% 20.6% 19.7%
Total Long-Term Assets $679.1M $685.3M $456.3M
YoY Change 45.89% 120.05% 45.05%
TOTAL ASSETS
Total Short-Term Assets $161.1M $163.3M $339.7M
Total Long-Term Assets $679.1M $685.3M $456.3M
Total Assets $840.2M $848.6M $796.0M
YoY Change -0.12% 6.62% 5.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.467M $5.889M $7.208M
YoY Change 26.36% 9.02% 18.4%
Accrued Expenses $80.70M $84.55M $74.13M
YoY Change -15.09% 14.42% 13.26%
Deferred Revenue $174.4M $178.4M $178.7M
YoY Change 1.9% 10.14% 16.34%
Short-Term Debt $50.00M $50.00M $0.00
YoY Change
Long-Term Debt Due $50.00M $50.00M
YoY Change
Total Short-Term Liabilities $360.1M $368.0M $303.9M
YoY Change 14.14% 30.23% 14.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $10.16M $9.535M $9.295M
YoY Change 7.78% 2.48% 0.43%
Total Long-Term Liabilities $10.16M $9.535M $9.295M
YoY Change 7.78% 2.48% 0.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $360.1M $368.0M $303.9M
Total Long-Term Liabilities $10.16M $9.535M $9.295M
Total Liabilities $409.6M $419.5M $351.6M
YoY Change 11.83% 26.91% 11.73%
SHAREHOLDERS EQUITY
Retained Earnings $272.6M $258.2M $247.4M
YoY Change 23.73% 21.81% 30.09%
Common Stock $380.7M $371.3M $374.2M
YoY Change 3.26% 2.92% 4.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $165.5M
YoY Change 65.42%
Treasury Stock Shares 3.214M shares
Shareholders Equity $430.6M $429.1M $444.4M
YoY Change
Total Liabilities & Shareholders Equity $840.2M $848.6M $796.0M
YoY Change -0.12% 6.62% 5.41%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $23.04M $19.45M $26.57M
YoY Change 43.74% -33.98% -9.97%
Depreciation, Depletion And Amortization $18.26M $16.51M $15.07M
YoY Change 35.37% 62.77% 49.29%
Cash From Operating Activities $37.72M $36.85M $22.72M
YoY Change -30.98% -48.4% -36.58%
INVESTING ACTIVITIES
Capital Expenditures -$13.64M -$9.172M $11.78M
YoY Change -63.4% 34.15% 37.75%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$3.940M -$218.6M -$750.0K
YoY Change -96.55% 7371.84% -98.97%
Cash From Investing Activities -$17.58M -$227.8M -$12.53M
YoY Change -88.39% 2233.28% -84.58%
FINANCING ACTIVITIES
Cash Dividend Paid $8.706M
YoY Change 13.86%
Common Stock Issuance & Retirement, Net $38.37M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.88M 20.18M -$65.57M
YoY Change 96.2% -240.66% 238.52%
NET CHANGE
Cash From Operating Activities 37.72M 36.85M $22.72M
Cash From Investing Activities -17.58M -227.8M -$12.53M
Cash From Financing Activities -24.88M 20.18M -$65.57M
Net Change In Cash -4.747M -170.8M -$55.91M
YoY Change -95.66% -460.97% -13.52%
FREE CASH FLOW
Cash From Operating Activities $37.72M $36.85M $22.72M
Capital Expenditures -$13.64M -$9.172M $11.78M
Free Cash Flow $51.36M $46.02M $10.95M
YoY Change -44.12% -41.19% -59.87%

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CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
10442000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
18335000 usd
CY2022Q2 us-gaap Dividends
Dividends
8665000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4945000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
19445000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
429093000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
440504000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9686000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
492000 usd
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7195000 usd
CY2021Q2 us-gaap Dividends
Dividends
7671000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
64000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
29454000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
465334000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
468482000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14870000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
568000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
21038000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
56604000 usd
us-gaap Dividends
Dividends
17371000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5831000 usd
us-gaap Net Income Loss
NetIncomeLoss
46017000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
429093000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
421925000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17896000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1801000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
20229000 usd
us-gaap Dividends
Dividends
15317000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
290000 usd
us-gaap Net Income Loss
NetIncomeLoss
58968000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
465334000 usd
us-gaap Net Income Loss
NetIncomeLoss
46017000 usd
us-gaap Net Income Loss
NetIncomeLoss
58968000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
31575000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20243000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3602000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1782000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
14869000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
17896000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
620000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
213000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
762000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6056000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1207000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5892000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-28980000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6359000 usd
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
3713000 usd
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
1750000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2669000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
11953000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
59574000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
107216000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20797000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15337000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
212096000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
72165000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
150000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
6999000 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
3396000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-281000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-65000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-240323000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-90963000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
56937000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
568000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1801000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
21038000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20229000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
17371000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
15317000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
50000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
619000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45397000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-33745000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3825000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-36000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-229971000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17528000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
314017000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
428574000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84046000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
411046000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12700000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9495000 usd
us-gaap Interest Paid Net
InterestPaidNet
90000 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements. Actual results could differ from those estimates. Such estimates include, but are not limited to, the determination of the allowance for doubtful accounts, the volume of expected unused licenses for our subscription-based products, the assessment of recoverability of property and equipment, the fair value of acquired goodwill and intangible assets, the amount of non-cash equity-based compensation, the assessment of recoverability of deferred tax assets, the measurement of income tax and contingent non-income tax liabilities and the determination of the incremental borrowing rate used to calculate the lease liability.
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
600000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1900000 usd
CY2021Q4 sstk Chargeback And Sales Refund Allowance
ChargebackAndSalesRefundAllowance
400000 usd
CY2022Q2 sstk Chargeback And Sales Refund Allowance
ChargebackAndSalesRefundAllowance
400000 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
195100000 usd
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
20000000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
20000000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206872000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189912000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
406004000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373193000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
213452000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
211643000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
426287000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
417316000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22713000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34548000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55389000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70204000 usd
CY2022Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
26326000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
35978000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
58559000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
68941000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
13300000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
270504000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
251120000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
217955000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
203046000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52549000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48074000 usd
CY2022Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
10600000 usd
CY2021Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7200000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
20100000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
14200000 usd
CY2022Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
7200000 usd
CY2021Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
6600000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
14000000 usd
CY2022Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
45100000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
39000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
219816000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
160514000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2676000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
377654000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
248385000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
62525000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
185860000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
173512000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49690000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
123822000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8200000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
19000000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
37700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
30800000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
20600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
18600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13100000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
46100000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
28077000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
43529000 usd
CY2022Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
24711000 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
21488000 usd
CY2022Q2 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
9917000 usd
CY2021Q4 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
18314000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21842000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16198000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
84547000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
99529000 usd
CY2022Q2 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
130000 shares
CY2021Q2 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
163000 shares
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.48
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8700000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17400000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.21
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.42
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7700000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15300000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7043000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9686000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14869000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17896000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7043000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9686000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14869000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17896000 usd
CY2022Q2 sstk Contract With Customer Number Of Primary Channels
ContractWithCustomerNumberOfPrimaryChannels
2 channel
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206872000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189912000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
406004000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373193000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
120500000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
46000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
63000 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-2495000 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
1277000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1761000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1233000 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
205000 usd
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
205000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
39000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1903000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
94000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2661000 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1323000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1139000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.144
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.147
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.160
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.049
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.022
CY2022Q2 sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.193
sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.191
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.053
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.040
CY2021Q2 sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.200
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12700000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9500000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
19445000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
29454000 usd
us-gaap Net Income Loss
NetIncomeLoss
46017000 usd
us-gaap Net Income Loss
NetIncomeLoss
58968000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36123000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36570000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36213000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36453000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
169000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
242000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
201000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
233000 shares
CY2022Q2 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
286000 shares
CY2021Q2 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
377000 shares
sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
476000 shares
sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
532000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36578000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37189000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36890000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37218000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.62
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
836000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1221000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
325000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000 shares
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
52549000 usd
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1121000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1328000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
590000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000 shares
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206872000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189912000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
406004000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373193000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
48074000 usd
CY2022Q2 us-gaap Other Commitment
OtherCommitment
103300000 usd
CY2022Q2 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
30600000 usd
CY2022Q2 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
37300000 usd
CY2022Q2 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
28500000 usd
CY2022Q2 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
6300000 usd
CY2022Q2 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
600000 usd
CY2022Q2 sstk Maximum Indemnification Liability For Customer
MaximumIndemnificationLiabilityForCustomer
250000 usd

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