$STCN
Steel Connect, Inc. Stock $stcn

$stcn Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000162828019014932 Filed on December 10, 2019

Income Statement

Concept	2019 Q4	2018 Q4
Revenue	$225.2M	$215.1M
YoY Change	4.66%	109.84%
Cost Of Revenue	$180.9M	$176.9M
YoY Change	2.25%	89.34%
Gross Profit	$44.25M	$38.20M
YoY Change	15.83%	320.98%
Gross Profit Margin	19.65%	17.76%
Selling, General & Admin	$22.23M	$26.57M
YoY Change	-16.33%	105.87%
% of Gross Profit	50.24%	69.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.589M	$5.533M
YoY Change	1.01%	192.44%
% of Gross Profit	12.63%	14.48%
Operating Expenses	$29.50M	$34.66M
YoY Change	-14.89%	168.63%
Operating Profit	$14.74M	$3.536M
YoY Change	316.91%	-192.32%
Interest Expense	$9.169M	$11.06M
YoY Change	-17.08%	424.77%
% of Operating Profit	62.2%	312.7%
Other Income/Expense, Net	-$8.595M	-$9.790M
YoY Change	-12.21%	1779.08%
Pretax Income	$6.147M	-$6.254M
YoY Change	-198.29%	43.74%
Income Tax	$1.355M	$1.131M
% Of Pretax Income	22.04%
Net Earnings	$4.792M	-$7.365M
YoY Change	-165.06%	40.63%
Net Earnings / Revenue	2.13%	-3.42%
Basic Earnings Per Share	$0.07	-$0.13
Diluted Earnings Per Share	$0.06	-$0.13
COMMON SHARES
Basic Shares Outstanding	61.40M shares	60.71M shares
Diluted Shares Outstanding	86.01M shares	60.71M shares

Balance Sheet

Concept	2019 Q4	2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$41.20M	$83.40M
YoY Change	-50.6%	-30.38%
Cash & Equivalents	$41.21M	$83.37M
Short-Term Investments		$0.00
Other Short-Term Assets	$52.00M	$47.00M
YoY Change	10.64%	137.37%
Inventory	$25.81M	$29.97M
Prepaid Expenses
Receivables	$113.8M	$115.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$232.9M	$276.1M
YoY Change	-15.65%	7.75%
LONG-TERM ASSETS
Property, Plant & Equipment	$89.65M	$104.7M
YoY Change	-14.34%	577.57%
Goodwill	$257.1M	$254.4M
YoY Change	1.09%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$62.65M	$7.798M
YoY Change	703.39%	69.37%
Total Long-Term Assets	$564.7M	$551.7M
YoY Change	2.35%	2651.49%
TOTAL ASSETS
Total Short-Term Assets	$232.9M	$276.1M
Total Long-Term Assets	$564.7M	$551.7M
Total Assets	$797.5M	$827.7M
YoY Change	-3.65%	199.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$95.09M	$90.77M
YoY Change	4.76%	21.83%
Accrued Expenses	$108.4M	$84.93M
YoY Change	27.58%	145.54%
Deferred Revenue	$3.300M
YoY Change
Short-Term Debt	$2.000M	$0.00
YoY Change
Long-Term Debt Due	$5.732M	$5.727M
YoY Change	0.09%
Total Short-Term Liabilities	$275.4M	$280.2M
YoY Change	-1.72%	90.61%
LONG-TERM LIABILITIES
Long-Term Debt	$367.1M	$381.7M
YoY Change	-3.83%	526.73%
Other Long-Term Liabilities	$54.89M	$10.71M
YoY Change	412.43%	6.52%
Total Long-Term Liabilities	$429.8M	$406.9M
YoY Change	5.63%	473.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$275.4M	$280.2M
Total Long-Term Liabilities	$429.8M	$406.9M
Total Liabilities	$705.2M	$687.1M
YoY Change	2.63%	215.26%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.422B	-$7.365B
YoY Change	0.77%	-0.52%
Common Stock	$618.0K	$614.0K
YoY Change	0.65%	10.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$57.14M	$105.4M
YoY Change
Total Liabilities & Shareholders Equity	$797.5M	$827.7M
YoY Change	-3.65%	199.62%

Cashflow Statement

Concept	2019 Q4	2018 Q4
OPERATING ACTIVITIES
Net Income	$4.792M	-$7.365M
YoY Change	-165.06%	40.63%
Depreciation, Depletion And Amortization	$5.589M	$5.533M
YoY Change	1.01%	192.44%
Cash From Operating Activities	$22.41M	$2.533M
YoY Change	784.72%	-133.01%
INVESTING ACTIVITIES
Capital Expenditures	$4.072M	$4.006M
YoY Change	1.65%	62.58%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$30.00K
YoY Change	-100.0%	-99.84%
Cash From Investing Activities	-$4.072M	-$3.972M
YoY Change	2.52%	-125.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$6.000K	$6.000K
YoY Change	0.0%	100.0%
Debt Paid & Issued, Net	$1.500M	$1.500M
YoY Change	0.0%
Cash From Financing Activities	-$6.063M	-$5.878M
YoY Change	3.15%	7634.21%
NET CHANGE
Cash From Operating Activities	$22.41M	$2.533M
Cash From Investing Activities	-$4.072M	-$3.972M
Cash From Financing Activities	-$6.063M	-$5.878M
Net Change In Cash	$12.32M	-$7.675M
YoY Change	-260.47%	-196.21%
FREE CASH FLOW
Cash From Operating Activities	$22.41M	$2.533M
Capital Expenditures	$4.072M	$4.006M
Free Cash Flow	$18.34M	-$1.473M
YoY Change	-1344.94%	-85.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2019Q4	dei	Amendment Flag AmendmentFlag	false
CY2019Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--07-31
CY2019Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2019Q4	dei	Document Period End Date DocumentPeriodEndDate	2019-10-31
CY2019Q4	dei	Document Type DocumentType	10-Q
CY2019Q4	dei	Entity Central Index Key EntityCentralIndexKey	0000914712
CY2019Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	61810253	shares
CY2019Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q4	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2019Q4	dei	Entity Registrant Name EntityRegistrantName	Steel Connect, Inc.
CY2019Q4	dei	Entity Small Business EntitySmallBusiness	true
CY2019Q3	mlnk	Accrued Contract Labor Current AccruedContractLaborCurrent	1650000	USD
CY2019Q4	mlnk	Accrued Contract Labor Current AccruedContractLaborCurrent	1453000	USD
CY2019Q3	mlnk	Accrued Pricing Liabilities Current AccruedPricingLiabilitiesCurrent	14309000	USD
CY2019Q3	mlnk	Accrued Pricing Liabilities Current AccruedPricingLiabilitiesCurrent	14300000	USD
CY2019Q4	mlnk	Accrued Pricing Liabilities Current AccruedPricingLiabilitiesCurrent	14309000	USD
CY2019Q4	mlnk	Accrued Pricing Liabilities Current AccruedPricingLiabilitiesCurrent	14300000	USD
CY2019Q3	mlnk	Accrued Taxes AccruedTaxes	59100000	USD
CY2019Q3	mlnk	Accrued Taxes AccruedTaxes	59057000	USD
CY2019Q4	mlnk	Accrued Taxes AccruedTaxes	53600000	USD
CY2019Q4	mlnk	Accrued Taxes AccruedTaxes	53601000	USD
CY2019Q4	mlnk	Contract With Customer Liability Increase From Cash Receipts ContractWithCustomerLiabilityIncreaseFromCashReceipts	1216000	USD
CY2019Q3	mlnk	Customer Postage Deposits Current CustomerPostageDepositsCurrent	11816000	USD
CY2019Q4	mlnk	Customer Postage Deposits Current CustomerPostageDepositsCurrent	13578000	USD
CY2019Q4	mlnk	Excess Cash Flow Payments ExcessCashFlowPayments	0	USD
CY2018Q4	mlnk	Income Loss From Equity Method Investments And Impairment Of Investments IncomeLossFromEquityMethodInvestmentsAndImpairmentOfInvestments	20000	USD
CY2019Q4	mlnk	Income Loss From Equity Method Investments And Impairment Of Investments IncomeLossFromEquityMethodInvestmentsAndImpairmentOfInvestments	0	USD
CY2018Q4	mlnk	Increase Decrease In Accounts Payable Accrued Restructuring And Accrued Expenses IncreaseDecreaseInAccountsPayableAccruedRestructuringAndAccruedExpenses	11301000	USD
CY2019Q4	mlnk	Increase Decrease In Accounts Payable Accrued Restructuring And Accrued Expenses IncreaseDecreaseInAccountsPayableAccruedRestructuringAndAccruedExpenses	4625000	USD
CY2019Q3	mlnk	Lease Liabilities LeaseLiabilities	127000	USD
CY2019Q4	mlnk	Lease Liabilities LeaseLiabilities	12596000	USD
CY2019Q4	mlnk	Lessee Operating Lease Lease Not Yet Commenced Liability LesseeOperatingLeaseLeaseNotYetCommencedLiability	3500000	USD
CY2019Q4	mlnk	Number Of Business Days NumberOfBusinessDays	10	day
CY2019Q4	mlnk	Ownership Change Testing Period OwnershipChangeTestingPeriod	P3Y
CY2019Q4	mlnk	Ownership Percentage OwnershipPercentage	0.05
CY2019Q3	mlnk	Restricted Cash And Cash Equivalents Liabilities RestrictedCashAndCashEquivalentsLiabilities	13516000	USD
CY2019Q4	mlnk	Restricted Cash And Cash Equivalents Liabilities RestrictedCashAndCashEquivalentsLiabilities	17166000	USD
CY2018Q4	mlnk	Stock Issued During Period Value Stock Options Exercised And Stock Purchase Plans StockIssuedDuringPeriodValueStockOptionsExercisedAndStockPurchasePlans	6000	USD
CY2019Q4	mlnk	Stock Issued During Period Value Stock Options Exercised And Stock Purchase Plans StockIssuedDuringPeriodValueStockOptionsExercisedAndStockPurchasePlans	2000	USD
CY2019Q3	mlnk	Unrecognized Tax Benefits Including Interest UnrecognizedTaxBenefitsIncludingInterest	2400000	USD
CY2019Q4	mlnk	Unrecognized Tax Benefits Including Interest UnrecognizedTaxBenefitsIncludingInterest	2500000	USD
CY2018Q4	mlnk	Weighted Average Numberof Commonand Potential Common Shares WeightedAverageNumberofCommonandPotentialCommonShares	60712000
CY2019Q4	mlnk	Weighted Average Numberof Commonand Potential Common Shares WeightedAverageNumberofCommonandPotentialCommonShares	86006000
CY2019Q4	mlnk	Working Capital WorkingCapital	-42500000	USD
CY2019Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	85898000	USD
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	95091000	USD
CY2019Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	112141000	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	113817000	USD
CY2019Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	112658000	USD
CY2019Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	108354000	USD
CY2019Q3	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	3148000	USD
CY2019Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	2710000	USD
CY2019Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1034000	USD
CY2019Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1045000	USD
CY2019Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7477327000	USD
CY2019Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7477505000	USD
CY2018Q4	us-gaap	Adjustment For Amortization AdjustmentForAmortization	8099000	USD
CY2019Q4	us-gaap	Adjustment For Amortization AdjustmentForAmortization	7277000	USD
CY2018Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	792000	USD
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	176000	USD
CY2019Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1804000	USD
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1306000	USD
CY2018Q4	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1051000	USD
CY2019Q4	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	409000	USD
CY2018Q4	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	247000	USD
CY2019Q4	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	68000	USD
CY2018Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8099000	USD
CY2019Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7277000	USD
CY2018Q4	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	0	USD
CY2019Q4	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	536000	USD
CY2018Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	29500000	shares
CY2019Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
CY2019Q3	us-gaap	Assets Assets	731563000	USD
CY2019Q4	us-gaap	Assets Assets	797514000	USD
CY2019Q3	us-gaap	Assets Current AssetsCurrent	213324000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	232852000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	83366000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	32548000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	41214000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	32500000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	41200000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	103826000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	96151000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	46064000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58380000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-7675000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	12316000	USD
CY2019Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2019Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1400000000000	shares
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1400000000000	shares
CY2019Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	61805856000	shares
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	61810253000	shares
CY2019Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	61805856000	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	61810253000	shares
CY2019Q3	us-gaap	Common Stock Value CommonStockValue	618000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	618000	USD
CY2018Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8597000	USD
CY2019Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4803000	USD
CY2019Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	21500000	USD
CY2019Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	23800000	USD
CY2019Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	3029000	USD
CY2019Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	3390000	USD
CY2019Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3300000	USD
CY2019Q3	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	100000	USD
CY2019Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	2900000	USD
CY2019Q4	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	855000	USD
CY2019Q3	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	7432000	USD
CY2019Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	7852000	USD
CY2018Q4	us-gaap	Cost Of Revenue CostOfRevenue	176933000	USD
CY2019Q4	us-gaap	Cost Of Revenue CostOfRevenue	180907000	USD
CY2018Q4	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	6138000	USD
CY2019Q3	us-gaap	Debt Instrument Convertible Carrying Amount Of The Equity Component DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent	8200000	USD
CY2019Q4	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.1847
CY2019Q1	us-gaap	Debt Instrument Redemption Price Percentage DebtInstrumentRedemptionPricePercentage	1
CY2019Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	2100000000	USD
CY2019Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	150600000	USD
CY2018Q4	us-gaap	Depreciation Depreciation	5533000	USD
CY2019Q4	us-gaap	Depreciation Depreciation	5589000	USD
CY2018Q4	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	0	USD
CY2019Q4	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	592000	USD
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2019Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2019Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2018Q4	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-358000	USD
CY2019Q4	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	41000	USD
CY2019Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	22584000	USD
CY2019Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	27572000	USD
CY2019Q4	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	4000	USD
CY2019Q4	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	4000	USD
CY2019Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	366000	USD
CY2019Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	132000	USD
CY2019Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	234000	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	394000	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	0	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	0	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	38000	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	95000	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	134000	USD
CY2019Q4	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	127000	USD
CY2019Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	28000	USD
CY2019Q4	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	35000	USD
CY2019Q4	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	18000	USD
CY2019Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.045
CY2019Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P2Y9M15D
CY2018Q4	us-gaap	Funds Held For Clients FundsHeldForClients	12785000	USD
CY2019Q4	us-gaap	Funds Held For Clients FundsHeldForClients	17166000	USD
CY2019Q3	us-gaap	Goodwill Goodwill	257128000	USD
CY2019Q4	us-gaap	Goodwill Goodwill	257128000	USD
CY2018Q4	us-gaap	Gross Profit GrossProfit	38200000	USD
CY2019Q4	us-gaap	Gross Profit GrossProfit	44246000	USD
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-6254000	USD
CY2019Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	6147000	USD
CY2018Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	20000	USD
CY2019Q4	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1131000	USD
CY2019Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1355000	USD
CY2018Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	17558000	USD
CY2019Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1564000	USD
CY2018Q4	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-442000	USD
CY2019Q4	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	639000	USD
CY2018Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	3815000	USD
CY2019Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2165000	USD
CY2018Q4	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2873000	USD
CY2019Q4	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-6464000	USD
CY2018Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2781000	USD
CY2019Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3342000	USD
CY2018Q4	us-gaap	Interest Expense InterestExpense	11057000	USD
CY2019Q4	us-gaap	Interest Expense InterestExpense	9169000	USD
CY2019Q3	us-gaap	Interest Payable Current InterestPayableCurrent	467000	USD
CY2019Q4	us-gaap	Interest Payable Current InterestPayableCurrent	187000	USD
CY2019Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1765000	USD
CY2019Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	2572000	USD
CY2019Q3	us-gaap	Inventory Net InventoryNet	23674000	USD
CY2019Q4	us-gaap	Inventory Net InventoryNet	25810000	USD
CY2019Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	21322000	USD
CY2019Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	22470000	USD
CY2019Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	587000	USD
CY2019Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	768000	USD
CY2018Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	323000	USD
CY2019Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	16000	USD
CY2019Q4	us-gaap	Lease Cost LeaseCost	5104000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	74428000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-6063000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	11154000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	14456000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	797514000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	22416000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	5298000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	6869000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	14235000	USD
CY2019Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	17007000	USD
CY2019Q3	us-gaap	Liabilities Liabilities	643685000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	705190000	USD
CY2019Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	731563000	USD
CY2019Q3	us-gaap	Liabilities Current LiabilitiesCurrent	256850000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	275375000	USD
CY2019Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	386835000	USD
CY2019Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	429815000	USD
CY2019Q3	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	6000000	USD
CY2019Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2000000	USD
CY2019Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	5732000	USD
CY2019Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	5732000	USD
CY2019Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	368505000	USD
CY2019Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	367072000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5878000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3972000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4072000	USD
CY2018Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2533000	USD
CY2019Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	22410000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-7365000	USD
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	4792000	USD
CY2018Q4	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	-7901000	USD
CY2019Q4	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	5384000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7901000	USD
CY2019Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4256000	USD
CY2018Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9790000	USD
CY2019Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8595000	USD
CY2019Q4	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2019Q4	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2018Q4	us-gaap	Operating Expenses OperatingExpenses	34664000	USD
CY2019Q4	us-gaap	Operating Expenses OperatingExpenses	29504000	USD
CY2018Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	3536000	USD
CY2019Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	14742000	USD
CY2019Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	4816000	USD
CY2019Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	57421000	USD
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	12311000	USD
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	45110000	USD
CY2019Q4	us-gaap	Operating Lease Payments OperatingLeasePayments	4372000	USD
CY2019Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	55100000	USD
CY2019Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.044
CY2019Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y11M0D
CY2019Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	21203000	USD
CY2019Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	18161000	USD
CY2019Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	7325000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	62648000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1622000	USD
CY2019Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	13000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1232000	USD
CY2019Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	11000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-405000	USD
CY2019Q4	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	2000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-15000	USD
CY2019Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	0	USD
CY2019Q3	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	162518000	USD
CY2019Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	155241000	USD
CY2019Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	39046000	USD
CY2019Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	49032000	USD
CY2019Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	10898000	USD
CY2019Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	54891000	USD
CY2018Q4	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	944000	USD
CY2019Q4	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	558000	USD
CY2018Q4	us-gaap	Other Nonoperating Gains Losses OtherNonoperatingGainsLosses	944000	USD
CY2019Q4	us-gaap	Other Nonoperating Gains Losses OtherNonoperatingGainsLosses	558000	USD
CY2019Q3	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	6794000	USD
CY2019Q4	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	6549000	USD
CY2018Q4	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	536000	USD
CY2019Q4	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	536000	USD
CY2018Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4006000	USD
CY2019Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4072000	USD
CY2019Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4965000000	shares
CY2019Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4965000000	shares
CY2019Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2019Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2019Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	31445000	USD
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	34845000	USD
CY2018Q4	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	20000	USD
CY2019Q4	us-gaap	Proceeds From Contributions From Affiliates ProceedsFromContributionsFromAffiliates	0	USD
CY2018Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6000	USD
CY2019Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6000	USD
CY2018Q4	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
CY2019Q4	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-4000000	USD
CY2018Q4	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	14000	USD
CY2019Q4	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2018Q4	us-gaap	Profit Loss ProfitLoss	-7365000	USD
CY2019Q4	us-gaap	Profit Loss ProfitLoss	4792000	USD
CY2019Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	91268000	USD
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	89645000	USD
CY2019Q3	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	35186000	USD
CY2019Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	35187000	USD
CY2018Q4	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	536000	USD
CY2019Q4	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	536000	USD
CY2018Q4	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	148000	USD
CY2019Q4	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	33000	USD
CY2018Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1500000	USD
CY2019Q4	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1500000	USD
CY2018Q4	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	3700000	USD
CY2019Q4	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	USD
CY2019Q3	us-gaap	Restricted Cash RestrictedCash	13516000	USD
CY2019Q4	us-gaap	Restricted Cash RestrictedCash	17166000	USD
CY2019Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7426287000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7422031000	USD
CY2018Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	215133000	USD
CY2019Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	225153000	USD
CY2019Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	3400000	USD
CY2019Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	3300000	USD
CY2019Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	100000	USD
CY2019Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12Y
CY2019Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2018Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	26565000	USD
CY2019Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	22227000	USD
CY2018Q4	us-gaap	Share Based Compensation ShareBasedCompensation	792000	USD
CY2019Q4	us-gaap	Share Based Compensation ShareBasedCompensation	176000	USD
CY2019Q4	us-gaap	Short Term Lease Cost ShortTermLeaseCost	226000	USD
CY2019Q4	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	0	USD
CY2018Q4	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	107628000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	105431000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	52692000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	57137000	USD
CY2019Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued	200000	USD
CY2019Q3	us-gaap	Unrecognized Tax Benefits Interest On Income Taxes Accrued UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued	200000	USD
CY2019Q4	us-gaap	Unrecognized Tax Benefits Interest On Income Taxes Accrued UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued	300000	USD
CY2019Q4	us-gaap	Variable Lease Cost VariableLeaseCost	40000	USD
CY2018Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2019Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	24605000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	60712000	shares
CY2019Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	86006000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	60712000	shares
CY2019Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61401000	shares
CY2019Q3	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	4549000	USD
CY2019Q4	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	4670000	USD
CY2019Q4	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying condensed consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of a normal recurring nature) considered necessary for fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and related notes for the year ended </font><font style="font-family:inherit;font-size:10pt;">July 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, which are contained in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on October 15, 2019. The results for the three months ended </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results to be expected for the full fiscal year. The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All significant intercompany transactions and balances have been eliminated in consolidation.</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company considers events or transactions that occur after the balance sheet date but before the issuance of financial statements to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. For the three months ended </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company evaluated subsequent events for potential recognition and disclosure through the date these financial statements were filed.</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the three months ended </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded a </font><font style="font-family:inherit;font-size:10pt;">$6.4 million</font><font style="font-family:inherit;font-size:10pt;"> adjustment to correct an out-of-period misstatement related to the Company's estimate for certain tax related liabilities. Had this correction been recorded for the twelve months ended </font><font style="font-family:inherit;font-size:10pt;">July 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company's selling, general and administrative expenses and net loss for that period would have been reduced to </font><font style="font-family:inherit;font-size:10pt;">$137.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$60.3 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. The Company's accrued expenses as of </font><font style="font-family:inherit;font-size:10pt;">July 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> would have been reduced to </font><font style="font-family:inherit;font-size:10pt;">$106.3 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2019Q4	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Steel Connect, Inc. (the "Company") together with its consolidated subsidiaries, operates through its wholly owned subsidiaries, ModusLink Corporation ("ModusLink" or "Supply Chain") and IWCO Direct Holdings, Inc. ("IWCO Direct" or "IWCO").</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ModusLink is a supply chain business process management company serving clients in markets such as consumer electronics, communications, computing, medical devices, software and retail. ModusLink designs and executes elements in its clients' global supply chains to improve speed to market, product customization, flexibility, cost, quality and service. The Company also produces and licenses an entitlement management solution for activation, provisioning, entitlement subscription and data collection from physical goods (connected products) and digital products.</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">IWCO Direct delivers data-driven marketing solutions for its customers. Its full range of services includes strategy, creative and execution for omnichannel marketing campaigns, along with postal logistics programs for direct mail. Through its Mail-Gard</font><font style="font-family:inherit;font-size:9pt;">®</font><font style="font-family:inherit;font-size:10pt;"> division, IWCO Direct also offers business continuity and disaster recovery services to protect against unexpected business interruptions, along with providing print and mail outsourcing services.</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Historically, the Company has financed its operations and met its capital requirements primarily through funds generated from operations, the sale of our securities, borrowings from lending institutions and sale of facilities that were not fully utilized. The Company believes it has access to adequate resources to meet its needs for normal operating costs, capital expenditures, mandatory debt redemptions and working capital for its existing business for at least twelve months from the date of this filing. These resources include cash and cash equivalents, a credit agreement with PNC Bank, National Association ("PNC Bank"), the possible securitization of European and domestic trade receivables, the revolving credit facility and cash, if any, provided by operating activities. The Company's estimate as to how long it expects its existing cash to be able to continue to fund its operations is based on assumptions that may prove to be inaccurate, and it could require capital resources sooner than currently expected, which the Company believes it will have access to. </font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">July 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company had cash and cash equivalents of </font><font style="font-family:inherit;font-size:10pt;">$41.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$32.5 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. As of </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company had working capital deficit of </font><font style="font-family:inherit;font-size:10pt;">$(42.5) million</font><font style="font-family:inherit;font-size:10pt;">, which was primarily driven by the Company's lease liabilities, accrued pricing liabilities which the Company believes will not require a cash outlay in the next twelve months and the additional liabilities assumed because of the acquisition of IWCO Direct (the "IWCO Acquisition"). At </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company had a readily available borrowing capacity under its revolving credit and security agreement with PNC Bank of </font><font style="font-family:inherit;font-size:10pt;">$7.2 million</font><font style="font-family:inherit;font-size:10pt;">. The term of the PNC Bank credit facility expires on December 31, 2019. At </font><font style="font-family:inherit;font-size:10pt;">October 31, 2019</font><font style="font-family:inherit;font-size:10pt;">, IWCO had a readily available borrowing capacity under its revolving facility of </font><font style="font-family:inherit;font-size:10pt;">$23.0 million</font><font style="font-family:inherit;font-size:10pt;">. The Company believes it will generate sufficient cash to meet its debt covenants under its credit facilities to which certain of its subsidiaries are a party and that it will be able to obtain cash through its current and future credit facilities, if needed.</font></div></div>

Files In Submission

Name	View Source	Status
0001628280-19-014932-index-headers.html	Edgar Link	pending
0001628280-19-014932-index.html	Edgar Link	pending
0001628280-19-014932.txt	Edgar Link	pending
0001628280-19-014932-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mlnk-20191031.xml	Edgar Link	completed
mlnk-20191031.xsd	Edgar Link	pending
mlnk-20191031_cal.xml	Edgar Link	unprocessable
mlnk-20191031_def.xml	Edgar Link	unprocessable
mlnk-20191031_lab.xml	Edgar Link	unprocessable
mlnk-20191031_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
stcn-20191031x10q.htm	Edgar Link	pending
stcn-20191031xex311.htm	Edgar Link	pending
stcn-20191031xex312.htm	Edgar Link	pending
stcn-20191031xex313.htm	Edgar Link	pending
stcn-20191031xex323.htm	Edgar Link	pending
stcn-21091031xex321.htm	Edgar Link	pending
stcn-21091031xex322.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$STCN
Steel Connect, Inc. Stock $stcn

2019 Q4 Form 10-Q Financial Statement

#000162828019014932 Filed on December 10, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STCN Steel Connect, Inc. Stock $stcn

2019 Q4 Form 10-Q Financial Statement

#000162828019014932 Filed on December 10, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STCN
Steel Connect, Inc. Stock $stcn