2024 Q3 Form 10-Q Financial Statement

#000154934624000034 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $250.6M $220.1M
YoY Change 7.43% 5.37%
Cost Of Revenue $104.4M $91.25M
YoY Change 10.81% 8.1%
Gross Profit $146.2M $128.8M
YoY Change 5.15% 3.52%
Gross Profit Margin 58.34% 58.53%
Selling, General & Admin $99.42M $88.27M
YoY Change 6.06% 3.38%
% of Gross Profit 68.01% 68.54%
Research & Development $28.61M $19.86M
YoY Change 1.82% -32.03%
% of Gross Profit 19.57% 15.42%
Depreciation & Amortization $21.64M $21.43M
YoY Change 1.61% 11.6%
% of Gross Profit 14.81% 16.64%
Operating Expenses $128.0M $108.1M
YoY Change 5.09% -6.55%
Operating Profit $18.15M $20.67M
YoY Change 5.57% 137.13%
Interest Expense -$622.0K -$4.106M
YoY Change -203.67% -665.56%
% of Operating Profit -3.43% -19.87%
Other Income/Expense, Net -$622.0K -$4.106M
YoY Change -211.67% -109.79%
Pretax Income $17.53M $16.56M
YoY Change -36.53% -67.77%
Income Tax -$88.00K $12.94M
% Of Pretax Income -0.5% 78.11%
Net Earnings $17.62M $3.625M
YoY Change -38.02% -92.75%
Net Earnings / Revenue 7.03% 1.65%
Basic Earnings Per Share $0.50 $0.10
Diluted Earnings Per Share $0.50 $0.10
COMMON SHARES
Basic Shares Outstanding 35.42M shares 35.84M shares
Diluted Shares Outstanding 35.47M shares 35.98M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.4M $74.87M
YoY Change 74.72% -14.09%
Cash & Equivalents $131.4M $74.87M
Short-Term Investments
Other Short-Term Assets $53.82M $68.53M
YoY Change -50.53% -44.98%
Inventory
Prepaid Expenses
Receivables $92.17M $97.44M
Other Receivables $0.00 $0.00
Total Short-Term Assets $277.4M $240.8M
YoY Change 2.94% -11.91%
LONG-TERM ASSETS
Property, Plant & Equipment $68.62M $63.07M
YoY Change 10.81% -17.74%
Goodwill $607.4M $402.8M
YoY Change 58.93% 5.15%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $85.09M $93.50M
YoY Change 16.87% 35.42%
Total Long-Term Assets $1.071B $763.0M
YoY Change 43.54% 4.4%
TOTAL ASSETS
Total Short-Term Assets $277.4M $240.8M
Total Long-Term Assets $1.071B $763.0M
Total Assets $1.349B $1.004B
YoY Change 32.77% -0.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.08M $10.55M
YoY Change 111.04% 73.01%
Accrued Expenses $119.4M $96.91M
YoY Change -3.58% 7.89%
Deferred Revenue $226.4M $186.5M
YoY Change 11.46% -10.1%
Short-Term Debt $155.0M $30.00M
YoY Change 416.67% 0.0%
Long-Term Debt Due $158.8M $30.00M
YoY Change 429.45% 0.0%
Total Short-Term Liabilities $663.4M $432.3M
YoY Change 56.36% 6.08%
LONG-TERM LIABILITIES
Long-Term Debt $120.4M $0.00
YoY Change
Other Long-Term Liabilities $14.32M $20.95M
YoY Change -40.03% -65.05%
Total Long-Term Liabilities $134.7M $20.95M
YoY Change 464.34% -65.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $663.4M $432.3M
Total Long-Term Liabilities $134.7M $20.95M
Total Liabilities $825.9M $483.5M
YoY Change 70.66% -0.27%
SHAREHOLDERS EQUITY
Retained Earnings $348.1M $341.1M
YoY Change -1.48% 1.96%
Common Stock $454.1M $441.9M
YoY Change 9.89% 9.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $522.9M $520.4M
YoY Change
Total Liabilities & Shareholders Equity $1.349B $1.004B
YoY Change 32.77% -0.04%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $17.62M $3.625M
YoY Change -38.02% -92.75%
Depreciation, Depletion And Amortization $21.64M $21.43M
YoY Change 1.61% 11.6%
Cash From Operating Activities -$11.59M $27.97M
YoY Change -215.85% -6.2%
INVESTING ACTIVITIES
Capital Expenditures $14.76M $9.075M
YoY Change 25.09% -13.49%
Acquisitions
YoY Change
Other Investing Activities -$133.1M $17.38M
YoY Change -926.91% -143.77%
Cash From Investing Activities -$147.9M $8.301M
YoY Change -3621.26% -116.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 213.3M -32.15M
YoY Change -943.22% -352.39%
NET CHANGE
Cash From Operating Activities -11.59M 27.97M
Cash From Investing Activities -147.9M 8.301M
Cash From Financing Activities 213.3M -32.15M
Net Change In Cash 53.86M 4.117M
YoY Change -585.19% -153.89%
FREE CASH FLOW
Cash From Operating Activities -$11.59M $27.97M
Capital Expenditures $14.76M $9.075M
Free Cash Flow -$26.35M $18.89M
YoY Change 1363.67% -2.25%

Facts In Submission

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PaymentsToAcquireBusinessesNetOfCashAcquired
53721000 usd
sstk Proceeds From Contingent Consideration
ProceedsFromContingentConsideration
36522000 usd
sstk Proceeds From Contingent Consideration
ProceedsFromContingentConsideration
15752000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20592000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100490000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12560000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6795000 usd
us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div>The 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.
CY2024Q2 us-gaap Unbilled Contracts Receivable
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us-gaap Provision For Doubtful Accounts
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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NotesReceivableNet
12600000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
16000000.0 usd
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CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2024Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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BusinessAcquisitionsProFormaRevenue
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us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
441692000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
16560000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36950000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92795000 usd
CY2024Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
18164000 usd
CY2023Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
15793000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
357339000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
294270000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
274155000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
63069000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
64300000 usd
CY2024Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
9600000 usd
CY2023Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
11300000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
18600000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
21600000 usd
CY2024Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9800000 usd
CY2023Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
8400000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
19400000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
16800000 usd
CY2024Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
59500000 usd
CY2023Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
60300000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
383325000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
19843000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-394000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
402774000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
311845000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
147337000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
164508000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
310088000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
125692000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
184396000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19900000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
16100000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
27600000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
16500000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15400000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
44500000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
45782000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
75752000 usd
CY2024Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
23329000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
23702000 usd
CY2024Q2 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
8612000 usd
CY2023Q4 sstk Accrued Website Hosting And Marketing Fees Current
AccruedWebsiteHostingAndMarketingFeesCurrent
11804000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19187000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20185000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
96910000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
131443000 usd
CY2024Q2 sstk Accrued Severance Costs Current
AccruedSeveranceCostsCurrent
1200000 usd
CY2023Q4 sstk Accrued Severance Costs Current
AccruedSeveranceCostsCurrent
7700000 usd
CY2024Q2 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
273000 shares
CY2023Q2 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
194000 shares
CY2024Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
51200000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.60
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10700000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21300000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.27
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9700000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19400000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14976000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14943000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26126000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23586000 usd
CY2024Q2 sstk Contract With Customer Number Of Primary Channels
ContractWithCustomerNumberOfPrimaryChannels
2 channel
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220053000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
208840000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
434368000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
424120000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
131100000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
91800000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P5Y
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1268000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
551000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1860000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
1662000 usd
CY2024Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
561000 usd
CY2023Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
493000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
1123000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
724000 usd
CY2024Q2 sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
-2277000 usd
CY2023Q2 sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
668000 usd
sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
2521000 usd
sstk Interest Income Expense And Other
InterestIncomeExpenseAndOther
833000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4106000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
726000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-462000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1771000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.781
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.027
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.466
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.107
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.597
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.276
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
6300000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
6300000 usd
CY2024Q2 sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.184
sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.190
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.136
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.071
CY2023Q2 sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.163
sstk Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent
EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent
0.178
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12600000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6800000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
3625000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
50013000 usd
us-gaap Net Income Loss
NetIncomeLoss
19746000 usd
us-gaap Net Income Loss
NetIncomeLoss
82856000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35697000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36047000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35644000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35952000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
49000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
119000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
66000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
136000 shares
CY2024Q2 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
236000 shares
CY2023Q2 sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
240000 shares
sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
313000 shares
sstk Incremental Common Shares Attributable To Unvested Restricted Stock Awards
IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards
402000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35982000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36406000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36023000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36490000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.31
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1051000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1112000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1204000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1992000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1041000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1329000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
611000 shares
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220053000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
208840000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
434368000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
424120000 usd
CY2024Q2 us-gaap Noncurrent Assets
NoncurrentAssets
63069000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
64300000 usd
CY2024Q2 us-gaap Other Commitment
OtherCommitment
68700000 usd
CY2024Q2 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
28700000 usd
CY2024Q2 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
34300000 usd
CY2024Q2 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
5700000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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