2021 Q2 Form 10-Q Financial Statement

#000116944521000005 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $68.53M $59.55M $69.76M
YoY Change 15.09% -9.99% 0.89%
Cost Of Revenue $34.65M $29.44M $33.64M
YoY Change 17.67% -6.89% 5.05%
Gross Profit $33.89M $30.11M $36.11M
YoY Change 12.56% -12.82% -2.7%
Gross Profit Margin 49.45% 50.56% 51.77%
Selling, General & Admin $16.30M $16.12M $18.84M
YoY Change 1.08% -15.61% -2.44%
% of Gross Profit 48.09% 53.56% 52.18%
Research & Development $6.469M $8.371M $8.271M
YoY Change -22.72% -9.96% -10.37%
% of Gross Profit 19.09% 27.81% 22.9%
Depreciation & Amortization $563.0K $3.360M $420.0K
YoY Change -83.24% 16.26% 16.34%
% of Gross Profit 1.66% 11.16% 1.16%
Operating Expenses $26.15M $27.36M $29.98M
YoY Change -4.43% -11.51% -3.5%
Operating Profit $7.738M $2.745M $6.132M
YoY Change 181.89% -24.09% 1.39%
Interest Expense $797.0K $803.0K $1.179M
YoY Change -0.75% -54.45% -34.65%
% of Operating Profit 10.3% 29.25% 19.23%
Other Income/Expense, Net -$573.0K -$1.043M -$817.0K
YoY Change -45.06% -29.53% -47.49%
Pretax Income $7.165M $1.702M $5.315M
YoY Change 320.98% -20.32% 18.32%
Income Tax $1.024M -$62.00K $1.225M
% Of Pretax Income 14.29% -3.64% 23.05%
Net Earnings $6.141M $1.764M $4.090M
YoY Change 248.13% 6.07% 18.76%
Net Earnings / Revenue 8.96% 2.96% 5.86%
Basic Earnings Per Share $0.42 $0.12 $0.28
Diluted Earnings Per Share $0.42 $0.12 $0.28
COMMON SHARES
Basic Shares Outstanding 14.34M shares 14.07M shares 13.90M shares
Diluted Shares Outstanding 14.34M shares 14.07M shares 13.90M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.13M $18.70M $4.300M
YoY Change 2.3% 175.0% -2.27%
Cash & Equivalents $19.13M $18.67M $4.280M
Short-Term Investments
Other Short-Term Assets $12.30M $9.100M $7.800M
YoY Change 35.12% 2.25% -4.88%
Inventory $1.423M $1.607M $1.365M
Prepaid Expenses
Receivables $30.95M $32.16M $38.24M
Other Receivables $8.529M $11.60M $12.20M
Total Short-Term Assets $72.33M $73.15M $63.88M
YoY Change -1.12% 6.59% -6.39%
LONG-TERM ASSETS
Property, Plant & Equipment $12.71M $13.73M $13.29M
YoY Change -7.44% 19.05% 21.0%
Goodwill $177.7M $150.2M $150.2M
YoY Change 18.33% 0.23% 6.95%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.295M $2.159M $2.105M
YoY Change 52.62% 121.66% 127.81%
Total Long-Term Assets $320.8M $267.1M $272.1M
YoY Change 20.12% -3.39% 3.99%
TOTAL ASSETS
Total Short-Term Assets $72.33M $73.15M $63.88M
Total Long-Term Assets $320.8M $267.1M $272.1M
Total Assets $393.2M $340.2M $335.9M
YoY Change 15.55% -1.4% 1.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.850M $8.095M $9.010M
YoY Change -15.38% 49.3% 30.45%
Accrued Expenses $26.06M $16.70M $13.40M
YoY Change 56.05% 13.61% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.457M $3.457M $8.430M
YoY Change 0.0% -55.58% -1.94%
Total Short-Term Liabilities $50.24M $36.58M $38.61M
YoY Change 37.37% -14.94% -3.02%
LONG-TERM LIABILITIES
Long-Term Debt $112.6M $98.65M $93.33M
YoY Change 14.17% -19.17% -19.16%
Other Long-Term Liabilities $6.630M $5.700M $6.000M
YoY Change 16.32% 1.79% 30.43%
Total Long-Term Liabilities $112.6M $98.65M $93.33M
YoY Change 14.17% -19.17% -19.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.24M $36.58M $38.61M
Total Long-Term Liabilities $112.6M $98.65M $93.33M
Total Liabilities $181.6M $149.3M $146.6M
YoY Change 21.63% -16.08% -11.49%
SHAREHOLDERS EQUITY
Retained Earnings $29.91M $12.68M $12.37M
YoY Change 135.82% -557.05% -512.06%
Common Stock $184.1M $178.2M $177.0M
YoY Change 3.3% 4.89% 5.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.483M
YoY Change
Treasury Stock Shares 86.00K shares
Shareholders Equity $211.5M $190.9M $189.4M
YoY Change
Total Liabilities & Shareholders Equity $393.2M $340.2M $335.9M
YoY Change 15.55% -1.4% 1.85%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $6.141M $1.764M $4.090M
YoY Change 248.13% 6.07% 18.76%
Depreciation, Depletion And Amortization $563.0K $3.360M $420.0K
YoY Change -83.24% 16.26% 16.34%
Cash From Operating Activities $19.43M $17.25M $7.594M
YoY Change 12.66% 80.25% -3.73%
INVESTING ACTIVITIES
Capital Expenditures -$3.378M -$1.470M $2.120M
YoY Change 129.8% 167.27% 348.2%
Acquisitions
YoY Change
Other Investing Activities -$59.84M
YoY Change
Cash From Investing Activities -$63.22M -$1.470M -$3.041M
YoY Change 4200.48% -87.09% 542.92%
FINANCING ACTIVITIES
Cash Dividend Paid $1.435M
YoY Change 0.91%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $2.195M
YoY Change -69.13%
Cash From Financing Activities 44.90M -1.390M -$7.630M
YoY Change -3330.43% -132.63% -12.68%
NET CHANGE
Cash From Operating Activities 19.43M 17.25M $7.594M
Cash From Investing Activities -63.22M -1.470M -$3.041M
Cash From Financing Activities 44.90M -1.390M -$7.630M
Net Change In Cash 1.120M 14.39M -$3.077M
YoY Change -92.22% 489.75% 132.58%
FREE CASH FLOW
Cash From Operating Activities $19.43M $17.25M $7.594M
Capital Expenditures -$3.378M -$1.470M $2.120M
Free Cash Flow $22.81M $18.72M $5.474M
YoY Change 21.86% 84.98% -26.18%

Facts In Submission

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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
6141000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1445000 USD
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
159000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
211542000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
189360000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
1764000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1252000 USD
CY2020Q2 us-gaap Dividends
Dividends
1451000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
190925000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
200000000 USD
us-gaap Net Income Loss
NetIncomeLoss
10285000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2479000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1222000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
211542000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
184347000 USD
us-gaap Net Income Loss
NetIncomeLoss
5854000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3610000 USD
us-gaap Dividends
Dividends
2886000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
190925000 USD
us-gaap Net Income Loss
NetIncomeLoss
10285000 USD
us-gaap Net Income Loss
NetIncomeLoss
5854000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1294000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1708000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1735000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
816000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2479000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3610000 USD
us-gaap Depreciation
Depreciation
1116000 USD
us-gaap Depreciation
Depreciation
892000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6440000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5733000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
265000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
55000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
147000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
169000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-202000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1149000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5656000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
-4236000 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
-3028000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
339000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
181000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1176000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2177000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1274000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-709000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1545000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-329000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6706000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
633000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1464000 USD
cpsi Increase Decrease In Capitalized Software Costs
IncreaseDecreaseInCapitalizedSoftwareCosts
2000000.0 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-122000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33144000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24838000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
59839000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
4063000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1484000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
685000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3028000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64587000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4512000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2886000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
65000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1875000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2194000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2021Q2 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
3200000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
4100000 USD
CY2021Q2 cpsi Increase Decrease In Capitalized Software Costs
IncreaseDecreaseInCapitalizedSoftwareCosts
2000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
61000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1222000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37903000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9015000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
6460000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
11311000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12671000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7357000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19131000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18668000 USD
us-gaap Interest Paid Net
InterestPaidNet
1277000 USD
us-gaap Interest Paid Net
InterestPaidNet
1812000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1717000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
469000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8130000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8628000 USD
cpsi Contractwith Customer Liability Period Increase Decrease
ContractwithCustomerLiabilityPeriodIncreaseDecrease
11011000 USD
cpsi Contractwith Customer Liability Period Increase Decrease
ContractwithCustomerLiabilityPeriodIncreaseDecrease
10195000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
1700000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
0 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-9466000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-10524000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
11375000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8299000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5992000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
4440000 USD
cpsi Costs To Obtain And Fulfill Contracts Capitalized
CostsToObtainAndFulfillContractsCapitalized
3355000 USD
cpsi Costs To Obtain And Fulfill Contracts Capitalized
CostsToObtainAndFulfillContractsCapitalized
3351000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2985000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2701000 USD
CY2021Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6362000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5090000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21050000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20364000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8342000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7225000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12708000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13139000 USD
CY2021Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
7391000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3328000 USD
CY2021Q2 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
383000 USD
CY2020Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
118000 USD
CY2021Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7008000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3210000 USD
CY2021Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
13500000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
7876000 USD
CY2021Q2 cpsi Accrued Severance Current
AccruedSeveranceCurrent
789000 USD
CY2020Q4 cpsi Accrued Severance Current
AccruedSeveranceCurrent
25000 USD
CY2021Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
756000 USD
CY2020Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
1040000 USD
CY2021Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
1543000 USD
CY2020Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
1776000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2500000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2311000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
551000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1988000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1518000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
23387000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12786000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.166
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
6141000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
1764000 USD
us-gaap Net Income Loss
NetIncomeLoss
10285000 USD
us-gaap Net Income Loss
NetIncomeLoss
5854000 USD
CY2021Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
129000 USD
CY2020Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
51000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
236000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
181000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6012000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1713000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10049000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5673000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14335000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14067000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14247000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13985000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
35000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14344000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14067000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14282000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13985000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
cpsi Share Based Compensation Arrangement By Share Based Payment Award Aggregate Target
ShareBasedCompensationArrangementByShareBasedPaymentAwardAggregateTarget
249952 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8639 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
35453 shares
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.143
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.036
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.347
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.161
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
10200000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1444000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1251000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2479000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3610000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
318000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
275000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
545000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
794000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1126000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
976000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1934000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2816000 USD
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000.0 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
17387 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2021Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
28200000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
21444 shares
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1489000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
426000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
671000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1244000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2971000 USD
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1632000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3114000 USD
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1489000 USD
CY2021Q2 cpsi Financing Receivable Credit Quality Loans With Contractual Maturities Of One Year Or Less
FinancingReceivableCreditQualityLoansWithContractualMaturitiesOfOneYearOrLess
456000 USD
CY2020Q4 cpsi Financing Receivable Credit Quality Loans With Contractual Maturities Of One Year Or Less
FinancingReceivableCreditQualityLoansWithContractualMaturitiesOfOneYearOrLess
1973000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1244000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1489000 USD
CY2021Q2 us-gaap Notes Receivable Net
NotesReceivableNet
17636000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
22298000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
125190000 USD
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
37100000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
59941000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
102349000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
125190000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53501000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
71689000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7336000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14673000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12784000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11250000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10935000 USD
CY2021Q2 cpsi Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
45371000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
102349000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
150216000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
27532000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
177748000 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
117250000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
78125000 USD
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1161000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1308000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
116089000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
76817000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3457000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3457000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
112632000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
73360000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8618000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1988000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6630000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
8618000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
990000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1943000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1872000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1469000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1202000 USD
CY2021Q2 cpsi Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2340000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9816000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1198000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
8618000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1000000.0 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
800000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1000000.0 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
68533000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59549000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
136538000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
129306000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
34645000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29443000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
67800000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
63086000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
33888000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
30106000 USD
us-gaap Gross Profit
GrossProfit
68738000 USD
us-gaap Gross Profit
GrossProfit
66220000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
224000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-38000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1038000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
324000 USD
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-202000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-202000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
797000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
803000 USD
us-gaap Interest Expense
InterestExpense
1424000 USD
us-gaap Interest Expense
InterestExpense
1982000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7165000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1702000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12265000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7017000 USD

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