2020 Q3 Form 10-K Financial Statement
#000162828020014053 Filed on September 30, 2020
Income Statement
Concept | 2020 Q3 | 2020 | 2019 Q3 |
---|---|---|---|
Revenue | $164.9M | $338.5M | $204.5M |
YoY Change | -19.36% | -58.72% | 1.14% |
Cost Of Revenue | $124.9M | $274.7M | $167.3M |
YoY Change | -25.34% | -59.01% | 6.07% |
Gross Profit | $40.00M | $63.77M | $37.10M |
YoY Change | 7.82% | -57.41% | -0.69% |
Gross Profit Margin | 24.26% | 18.84% | 18.14% |
Selling, General & Admin | $24.00M | $44.27M | $62.40M |
YoY Change | -61.54% | -69.27% | 114.43% |
% of Gross Profit | 60.0% | 69.42% | 168.19% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $12.38M | $4.111M | $13.01M |
YoY Change | -4.84% | -81.36% | -4.48% |
% of Gross Profit | 30.95% | 6.45% | 35.07% |
Operating Expenses | $30.50M | $44.27M | $69.70M |
YoY Change | -56.24% | -74.7% | 85.82% |
Operating Profit | $9.500M | $19.50M | -$32.60M |
YoY Change | -129.14% | -177.15% | 21207.19% |
Interest Expense | -$9.000M | $1.991M | -$8.700M |
YoY Change | 3.45% | -95.25% | 10.13% |
% of Operating Profit | -94.74% | 10.21% | |
Other Income/Expense, Net | $300.0K | $166.0K | -$100.0K |
YoY Change | -400.0% | -100.45% | -98.58% |
Pretax Income | $1.500M | $19.67M | -$37.30M |
YoY Change | -104.02% | -128.52% | 418.06% |
Income Tax | $1.900M | $15.67M | $700.0K |
% Of Pretax Income | 126.67% | 79.64% | |
Net Earnings | -$400.0K | -$5.284M | -$38.00M |
YoY Change | -98.95% | -92.08% | 404.45% |
Net Earnings / Revenue | -0.24% | -1.56% | -18.58% |
Basic Earnings Per Share | -$0.12 | ||
Diluted Earnings Per Share | -$6.472K | -$0.12 | -$618.9K |
COMMON SHARES | |||
Basic Shares Outstanding | 62.76M shares | 61.64M shares | |
Diluted Shares Outstanding | 61.64M shares |
Balance Sheet
Concept | 2020 Q3 | 2020 | 2019 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $75.90M | $75.90M | $32.50M |
YoY Change | 133.54% | 133.54% | -64.71% |
Cash & Equivalents | $58.32M | $75.90M | $32.55M |
Short-Term Investments | |||
Other Short-Term Assets | $39.30M | $39.30M | $44.90M |
YoY Change | -12.47% | -12.47% | 78.88% |
Inventory | $10.52M | $15.40M | $23.67M |
Prepaid Expenses | |||
Receivables | $49.86M | $93.10M | $112.1M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $223.5M | $223.5M | $213.3M |
YoY Change | 4.79% | 4.78% | -20.13% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.943M | $135.8M | $91.27M |
YoY Change | -92.39% | 48.74% | -14.41% |
Goodwill | $257.1M | $257.1M | |
YoY Change | 0.0% | 1.09% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.761M | $7.400M | $7.325M |
YoY Change | -48.66% | 1.37% | -16.96% |
Total Long-Term Assets | $535.6M | $535.7M | $518.2M |
YoY Change | 3.36% | 3.36% | -7.91% |
TOTAL ASSETS | |||
Total Short-Term Assets | $223.5M | $223.5M | $213.3M |
Total Long-Term Assets | $535.6M | $535.7M | $518.2M |
Total Assets | $759.2M | $759.2M | $731.6M |
YoY Change | 3.77% | 3.77% | -11.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $46.17M | $70.00M | $85.90M |
YoY Change | -46.25% | -18.51% | 9.83% |
Accrued Expenses | $34.83M | $139.1M | $112.7M |
YoY Change | -69.08% | 9.53% | 27.4% |
Deferred Revenue | $2.379M | $2.967M | |
YoY Change | -19.82% | -19.81% | |
Short-Term Debt | $0.00 | $0.00 | $11.73M |
YoY Change | -100.0% | -100.0% | -79.05% |
Long-Term Debt Due | $0.00 | $5.600M | $5.732M |
YoY Change | -100.0% | -1.75% | 0.09% |
Total Short-Term Liabilities | $249.9M | $249.9M | $256.9M |
YoY Change | -2.69% | -2.72% | -5.92% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.720M | $373.6M | $381.9M |
YoY Change | -97.98% | -0.61% | -0.31% |
Other Long-Term Liabilities | $4.358M | $51.70M | $10.90M |
YoY Change | -60.01% | 374.31% | 3.72% |
Total Long-Term Liabilities | $425.2M | $425.3M | $386.8M |
YoY Change | 9.93% | 9.95% | -5.16% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $249.9M | $249.9M | $256.9M |
Total Long-Term Liabilities | $425.2M | $425.3M | $386.8M |
Total Liabilities | $675.2M | $675.2M | $643.7M |
YoY Change | 4.89% | 4.89% | -5.47% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$7.434B | -$7.426B | |
YoY Change | 0.1% | 0.94% | |
Common Stock | $628.0K | $618.0K | |
YoY Change | 1.62% | 1.64% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $48.82M | $84.00M | $52.69M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $759.2M | $759.2M | $731.6M |
YoY Change | 3.77% | 3.77% | -11.84% |
Cashflow Statement
Concept | 2020 Q3 | 2020 | 2019 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$400.0K | -$5.284M | -$38.00M |
YoY Change | -98.95% | -92.08% | 404.45% |
Depreciation, Depletion And Amortization | $12.38M | $4.111M | $13.01M |
YoY Change | -4.84% | -81.36% | -4.48% |
Cash From Operating Activities | $11.57M | $46.67M | $24.47M |
YoY Change | -52.72% | 123.85% | 249.57% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$590.0K | $1.873M | -$2.700M |
YoY Change | -78.15% | -87.12% | -43.87% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $180.0K | $0.00 |
YoY Change | 200.0% | -100.0% | |
Cash From Investing Activities | -$590.0K | -$1.710M | -$2.700M |
YoY Change | -78.15% | -88.19% | -41.43% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $17.00K | ||
YoY Change | 13.33% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -25.65M | -$2.632M | -6.050M |
YoY Change | 323.97% | -95.88% | -28.82% |
NET CHANGE | |||
Cash From Operating Activities | 11.57M | $46.67M | 24.47M |
Cash From Investing Activities | -590.0K | -$1.710M | -2.700M |
Cash From Financing Activities | -25.65M | -$2.632M | -6.050M |
Net Change In Cash | -14.67M | $43.45M | 15.72M |
YoY Change | -193.32% | -175.23% | -357.28% |
FREE CASH FLOW | |||
Cash From Operating Activities | $11.57M | $46.67M | $24.47M |
Capital Expenditures | -$590.0K | $1.873M | -$2.700M |
Free Cash Flow | $12.16M | $44.80M | $27.17M |
YoY Change | -55.24% | 609.95% | 130.06% |
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|
223543000 | USD |
CY2019Q3 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
52961000 | USD |
CY2020Q3 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
53715000 | USD |
CY2019Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
32500000 | USD |
CY2019Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
32548000 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
75887000 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
75900000 | USD |
CY2019Q3 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
32183000 | USD |
CY2020Q3 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
70770000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
103826000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
46064000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94642000 | USD |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-57762000 | USD |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
48578000 | USD |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.00 | |
CY2019Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1400000000 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1400000000 | shares |
CY2019Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
60742859 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
62787919 | shares |
CY2019Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
60742859 | shares |
CY2019Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
618000 | USD |
CY2020Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
628000 | USD |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-68427000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2475000 | USD |
CY2019Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
21473000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
13016000 | USD |
CY2019Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
3029000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2945000 | USD |
CY2019Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2967000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2860000 | USD |
CY2019Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
62000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
85000 | USD |
CY2020 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
4394000 | USD |
CY2019 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
700000 | USD |
CY2020 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
1000000 | USD |
CY2019 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
400000 | shares |
CY2020 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1000000 | shares |
CY2019Q3 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
7432000 | USD |
CY2020Q3 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
8054000 | USD |
CY2019Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
65600000 | USD |
CY2019 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1813000 | USD |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
3713000 | USD |
CY2019 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
670100000 | USD |
CY2020 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
619854000 | USD |
CY2019 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2019 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
1525000 | USD |
CY2020 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
3283000 | USD |
CY2019 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
288000 | USD |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
430000 | USD |
CY2019Q3 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
8200000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
8200000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
8200000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.278 | |
CY2017Q4 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
1500000 | USD |
CY2019Q1 | us-gaap |
Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
|
1 | |
CY2019Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
8396000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
7863000 | USD |
CY2019Q4 | us-gaap |
Debtor In Possession Financing Fee On Unused Borrowings
DebtorInPossessionFinancingFeeOnUnusedBorrowings
|
0.005 | |
CY2019 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1563000 | USD |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
91000 | USD |
CY2019 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
541000 | USD |
CY2020 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
661000 | USD |
CY2019 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2857000 | USD |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2204000 | USD |
CY2019Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
45646000 | USD |
CY2020Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
24484000 | USD |
CY2019 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
753000 | USD |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1452000 | USD |
CY2019Q3 | us-gaap |
Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
|
6534000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
|
0 | USD |
CY2019Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
497753000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
476920000 | USD |
CY2019Q3 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
918000 | USD |
CY2019Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
46564000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
23951000 | USD |
CY2019Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
451189000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
452969000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
533000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-127000 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-74000 | USD |
CY2020Q3 | us-gaap |
Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
|
-2100000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
492000 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
458000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
633000 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
543000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
633000 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
201000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
|
0 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
|
143000 | USD |
CY2019 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
365000 | USD |
CY2020 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
185000 | USD |
CY2020Q3 | us-gaap |
Defined Benefit Plan Type Extensible List
DefinedBenefitPlanTypeExtensibleList
|
us-gaap:PensionPlansDefinedBenefitMember | |
CY2019 | us-gaap |
Depreciation
Depreciation
|
22058000 | USD |
CY2020 | us-gaap |
Depreciation
Depreciation
|
23075000 | USD |
CY2019 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.13 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.12 | |
CY2019 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.13 | |
CY2020 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.12 | |
CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.13 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.12 | |
CY2019 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-321000 | USD |
CY2020 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1124000 | USD |
CY2019Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
22584000 | USD |
CY2020Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
25439000 | USD |
CY2020Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
500000 | USD |
CY2019 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
1200000 | USD |
CY2020 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
700000 | USD |
CY2020 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
11000 | USD |
CY2020 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
9000 | USD |
CY2020 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
100000 | USD |
CY2020 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
38000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.038 | |
CY2020Q3 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y4M25D | |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
50732000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
77987000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
69502000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
20258000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
9371000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
9371000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
11427000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
15334000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
213250000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
213250000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
162518000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
135263000 | USD |
CY2019 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
300000 | USD |
CY2020 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
900000 | USD |
CY2019 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
337000 | USD |
CY2020 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
890000 | USD |
CY2019Q3 | us-gaap |
Funds Held For Clients
FundsHeldForClients
|
13516000 | USD |
CY2020Q3 | us-gaap |
Funds Held For Clients
FundsHeldForClients
|
18755000 | USD |
CY2019 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-485000 | USD |
CY2020 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2019Q3 | us-gaap |
Goodwill
Goodwill
|
257128000 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
257128000 | USD |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2019 | us-gaap |
Gross Profit
GrossProfit
|
149730000 | USD |
CY2020 | us-gaap |
Gross Profit
GrossProfit
|
162959000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-68959000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-9168000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
6860000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
9801000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-62099000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
633000 | USD |
CY2019 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
42000 | USD |
CY2020 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4670000 | USD |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5917000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
16158000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
2227000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-593000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-23000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
2484000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
3010000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-1432000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-17000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
0 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-624000 | USD |
CY2019 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
5451000 | USD |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4991000 | USD |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
36486000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-17464000 | USD |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
14090000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-20305000 | USD |
CY2019 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-1482000 | USD |
CY2020 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-630000 | USD |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2482000 | USD |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8510000 | USD |
CY2019 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-2316000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3782000 | USD |
CY2019 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5519000 | USD |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-12396000 | USD |
CY2019 | us-gaap |
Interest Expense
InterestExpense
|
41951000 | USD |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
33969000 | USD |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
38525000 | USD |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
32799000 | USD |
CY2019Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
467000 | USD |
CY2020Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
476000 | USD |
CY2019Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1765000 | USD |
CY2020Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
885000 | USD |
CY2019Q3 | us-gaap |
Inventory Net
InventoryNet
|
23674000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
15354000 | USD |
CY2019Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
21322000 | USD |
CY2020Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
14216000 | USD |
CY2019Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
587000 | USD |
CY2020Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
253000 | USD |
CY2019 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
528000 | USD |
CY2020 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
61000 | USD |
CY2019Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
6000000 | USD |
CY2019Q3 | us-gaap |
Land
Land
|
942000 | USD |
CY2020Q3 | us-gaap |
Land
Land
|
942000 | USD |
CY2020 | us-gaap |
Lease Cost
LeaseCost
|
19197000 | USD |
CY2019Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
23711000 | USD |
CY2020Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
24659000 | USD |
CY2019Q3 | us-gaap |
Liabilities
Liabilities
|
643685000 | USD |
CY2020Q3 | us-gaap |
Liabilities
Liabilities
|
675174000 | USD |
CY2019Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
731563000 | USD |
CY2020Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
759172000 | USD |
CY2019Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
256850000 | USD |
CY2020Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
249932000 | USD |
CY2019Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
386835000 | USD |
CY2020Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
425242000 | USD |
CY2020Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
0 | USD |
CY2019Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
387669000 | USD |
CY2020Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
379049000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5732000 | USD |
CY2020Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5527000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
381937000 | USD |
CY2020Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
373522000 | USD |
CY2019Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
99961000 | USD |
CY2020Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
112407000 | USD |
CY2019Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
365000 | USD |
CY2020Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
5117000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-63812000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-12284000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14478000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11886000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
20849000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
71624000 | USD |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-66727000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5284000 | USD |
CY2019 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-68856000 | USD |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7413000 | USD |
CY2019 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-68856000 | USD |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-7413000 | USD |
CY2019 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-36820000 | USD |
CY2020 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-31810000 | USD |
CY2020 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment |
CY2019 | us-gaap |
Operating Expenses
OperatingExpenses
|
175009000 | USD |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
130516000 | USD |
CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-25279000 | USD |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
32443000 | USD |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12070000 | USD |
CY2019Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y1M0D | |
CY2019Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
21203000 | USD |
CY2020Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
16392000 | USD |
CY2019Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
7325000 | USD |
CY2020Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
7420000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1331000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
8000 | USD |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
16722000 | USD |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
15885000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
56140000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.044 | |
CY2019 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1700000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2809000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
284000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-2897000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
100000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
-307000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
398000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
400000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-85000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-96000 | USD |
CY2019Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
162518000 | USD |
CY2020Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
135263000 | USD |
CY2019Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
38919000 | USD |
CY2020Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
29950000 | USD |
CY2019Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
10898000 | USD |
CY2020Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
8509000 | USD |
CY2019Q3 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
368505000 | USD |
CY2020Q3 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
365468000 | USD |
CY2019 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
4603000 | USD |
CY2020 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2098000 | USD |
CY2019 | us-gaap |
Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
|
4603000 | USD |
CY2019 | us-gaap |
Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
|
4600000 | USD |
CY2020 | us-gaap |
Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
|
2100000 | USD |
CY2020 | us-gaap |
Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
|
2098000 | USD |
CY2019Q3 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
6794000 | USD |
CY2020Q3 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
7900000 | USD |
CY2019 | us-gaap |
Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
|
-42000 | USD |
CY2020 | us-gaap |
Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
|
0 | USD |
CY2019 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2129000 | USD |
CY2020 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2135000 | USD |
CY2019 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2020 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
914000 | USD |
CY2013Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2300000 | USD |
CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14539000 | USD |
CY2020Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4965000 | shares |
CY2020Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4965000 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2020Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
31445000 | USD |
CY2020Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
20475000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
27700000 | USD |
CY2019 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15000 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
19000 | USD |
CY2019 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
10000000 | USD |
CY2020 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
19000000 | USD |
CY2019 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
14940000 | USD |
CY2020 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD |
CY2019 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
0 | USD |
CY2020 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
163000 | USD |
CY2019 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
19000 | USD |
CY2020 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
21000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
201805000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
211861000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
91268000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
79678000 | USD |
CY2019Q3 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
24230000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
20138000 | USD |
CY2019 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1418000 | USD |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
111000 | USD |
CY2019Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
|
35186000 | USD |
CY2020Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
|
35180000 | USD |
CY2019 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
2129000 | USD |
CY2020 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
2129000 | USD |
CY2019 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
63925000 | USD |
CY2020 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | USD |
CY2019 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
4000000 | USD |
CY2020 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
25000000 | USD |
CY2019 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
134000 | USD |
CY2019 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3700000 | USD |
CY2020 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD |
CY2019 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
14879000 | USD |
CY2020 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
3154000 | USD |
CY2019Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
13516000 | USD |
CY2020Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
18755000 | USD |
CY2019Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-7426287000 | USD |
CY2020Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-7433700000 | USD |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
819830000 | USD |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
782813000 | USD |
CY2020Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2900000 | USD |
CY2020Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
100000 | USD |
CY2020Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12Y | |
CY2020Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
||
CY2019 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
144078000 | USD |
CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
103261000 | USD |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1267000 | USD |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
720000 | USD |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
133000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
1.47 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
1060000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.80 | |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
905000 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1394000 | shares |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.60 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.97 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
438000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
1.72 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
195000 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
4.54 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
130000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
3.38 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
325000 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
195000 | shares |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.07 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.54 | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2013Q1 | us-gaap |
Share Price
SharePrice
|
4.00 | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P0Y5M12D | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P0Y5M12D | |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
2358000 | USD |
CY2020Q3 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
200000 | USD |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
7500000 | shares |
CY2020 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
107628000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
52692000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
48818000 | USD |
CY2019Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
59057000 | USD |
CY2020Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
60744000 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1525000 | USD |
CY2019Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2207000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2460000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
|
22000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
704000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
667000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
|
2000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
200000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
100000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
0 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
416000 | USD |
CY2019 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-12700000 | USD |
CY2020 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1800000 | USD |
CY2020 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
68000 | USD |
CY2019 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2020 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61180000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61644000 | shares |
CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61180000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61644000 | shares |
CY2019Q3 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
4549000 | USD |
CY2020Q3 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
3949000 | USD |
CY2020 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments which potentially subject the Company to concentrations of credit risk are cash, cash equivalents and accounts receivable. The Company's cash equivalent portfolio is diversified and consists primarily of short-term investment grade securities placed with high credit quality financial institutions. Cash and cash equivalents are maintained at accredited financial institutions, and the balances associated with funds held for clients are at times without and in excess of federally insured limits. The Company has never experienced any losses related to these balances and does not believe that it is subject to unusual credit risk beyond the normal credit risk associated with financial institutions.</font></div></div> | |
CY2020 | 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-left:4px;text-align:left;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Steel Connect, Inc., together with its consolidated subsidiaries (the "Company"), operates through its wholly-owned subsidiaries, IWCO Direct Holdings, Inc. ("IWCO Direct" or "IWCO") and ModusLink Corporation ("ModusLink" or "Supply Chain").</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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® 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%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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 its 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, ModusLink's credit agreement with MidCap Financial Trust ("MidCap"), IWCO's revolving credit facility and cash, if any, provided by operating activities. The Company's expectations regarding its ability to use its existing cash to continue funding its operations are based on assumptions that may prove to be inaccurate, and the Company may require capital resources sooner than currently expected. While the Company believes it will be able to access this additional liquidity based on existing information, the assumptions underlying this belief may also later prove to be inaccurate.</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">July 31, 2020</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">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;">$75.9 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;">July 31, 2020</font><font style="font-family:inherit;font-size:10pt;">, the Company had a working capital deficit of </font><font style="font-family:inherit;font-size:10pt;">$26.4 million</font><font style="font-family:inherit;font-size:10pt;">, which includes accrued pricing liabilities and certain tax related liabilities which the Company believes will not require a cash outlay in the next twelve months. As of </font><font style="font-family:inherit;font-size:10pt;">July 31, 2020</font><font style="font-family:inherit;font-size:10pt;">, ModusLink had a readily available borrowing capacity under its revolving credit facility of </font><font style="font-family:inherit;font-size:10pt;">$4.4 million</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">July 31, 2020</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;">$25.0 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 style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Impact of COVID-19</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2020, the World Health Organization categorized the novel Coronavirus ("COVID-19") as a pandemic, and the President of the United States declared the COVID-19 outbreak a national emergency. The spread of the outbreak has caused significant disruptions in the U.S. and global economies, and economists expect the impact will be significant during the next year. The Company is subject to risks and uncertainties as a result of the COVID-19 pandemic. The Company continues to evaluate the global risks and the slowdown in business activity related to COVID-19, including the potential impacts on its employees, customers, suppliers and financial results. For the fiscal year 2020, COVID-19 required temporary closures of certain of ModusLink's facilities. Additionally, although IWCO operated as an essential business, it had reduced operating levels and labor shifts due to lower sales volume. As of the filing of this Form 10-K, all of the Company's facilities were open and able to operate at normal capacities. Additionally, to help mitigate the financial impact of the COVID-19 pandemic, the Company initiated cost reduction actions, including the waiver of board fees, hiring freezes, staffing and force reductions, Company-wide salary reductions, bonus payment deferrals and temporary 401(k) match suspension. The Company continues its focus on cash management and liquidity, which includes elimination of discretionary spending, aggressive working capital management, strict approvals for capital expenditures and borrowing from its revolving credit facilities, if needed, as a precautionary measure to preserve financial flexibility. The Company will evaluate further actions if circumstances warrant.</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Currently, the Company anticipates that the impact of the rapid deterioration of the U.S and global economies will most likely continue and have an adverse impact on the Company's business. However, as the situation surrounding COVID-19 remains fluid, it is difficult to predict the duration of the pandemic and the impact on the Company's business, operations, financial condition and cash flows. The severity of the impact on the Company's business beyond fiscal year 2020 will depend on a number of factors, including, but not limited to, the duration and severity of the pandemic, the extent and severity of the impact on the Company's customers and suppliers, the continued disruption to the demand for our businesses' products and services, and the impact of the global business and economic environment on liquidity and the availability of capital, all of which are uncertain and cannot be predicted. The Company's future results of operations and liquidity could also be adversely impacted by delays in payments of outstanding receivables beyond normal payment terms, supply chain disruptions, and uncertain demand, and the effect of any initiatives or programs that the Company may undertake to address financial and operational challenges faced by its customers. There is also no certainty that federal, state or local regulations regarding safety measures to address the spread of COVID-19 will not adversely impact the Company's operations.</font></div></div> | |
CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Company's consolidated financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates including those related to: (1) revenue recognition; (2) valuation allowances for trade and other receivables and inventories; (3) the valuation of goodwill, other intangible assets and long-lived assets; (4) contingencies, including litigation reserves; (5) restructuring charges and related severance expenses; (6) litigation reserves; (7) pension obligations, (8) going concern assumptions, and (9) accrued pricing and tax related liabilities. Accounting estimates are based on historical experience and various assumptions that are considered reasonable under the circumstances. However, because these estimates inherently involve judgments and uncertainties, actual results could differ materially from those estimated.</font></div></div> |