$TRUE
TrueCar Inc

2021 Q4 Form 10-Q Financial Statement

#000132731821000053 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $45.86M $54.97M $77.25M
YoY Change -28.3% -28.84% -9.95%
Cost Of Revenue $5.320M $5.715M $4.660M
YoY Change 3.3% 22.64% -33.24%
Gross Profit $40.54M $49.25M $72.58M
YoY Change -31.06% -32.14% -7.89%
Gross Profit Margin 88.4% 89.6% 93.96%
Selling, General & Admin $38.76M $42.36M $47.57M
YoY Change -22.93% -10.95% -32.31%
% of Gross Profit 95.61% 86.01% 65.54%
Research & Development $9.569M $9.890M $10.16M
YoY Change -4.98% -2.66% -20.5%
% of Gross Profit 23.6% 20.08% 14.0%
Depreciation & Amortization $3.548M $3.828M $5.117M
YoY Change -29.74% -25.19% 3.35%
% of Gross Profit 8.75% 7.77% 7.05%
Operating Expenses $51.88M $42.36M $47.57M
YoY Change -20.9% -10.95% -32.31%
Operating Profit -$11.34M -$6.827M $9.735M
YoY Change 67.44% -170.13% -205.79%
Interest Expense -$4.439M -$255.0K -$560.0K
YoY Change 753.65% -54.46%
% of Operating Profit -5.75%
Other Income/Expense, Net $0.00 $0.00 $450.0K
YoY Change -100.0% -100.0%
Pretax Income -$15.78M -$7.082M $9.627M
YoY Change 109.22% -173.56% -206.12%
Income Tax $17.00K -$38.00K $38.00K
% Of Pretax Income 0.39%
Net Earnings -$15.79M -$6.836M $11.59M
YoY Change -118.18% -158.99% -251.45%
Net Earnings / Revenue -34.43% -12.44% 15.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$164.5K -$71.18K $105.4K
COMMON SHARES
Basic Shares Outstanding 95.92M shares 96.04M shares 107.7M shares
Diluted Shares Outstanding 96.04M shares 110.0M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $245.2M $250.7M $178.7M
YoY Change -10.28% 40.27% 3.59%
Cash & Equivalents $245.2M $250.7M $178.7M
Short-Term Investments
Other Short-Term Assets $1.866M $2.199M $5.904M
YoY Change -85.54% -62.75% -83.05%
Inventory
Prepaid Expenses $6.145M $8.094M $7.197M
Receivables $16.71M $19.89M $40.72M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $269.9M $280.8M $259.8M
YoY Change -16.93% 8.1% -0.56%
LONG-TERM ASSETS
Property, Plant & Equipment $19.16M $19.26M $23.79M
YoY Change -10.58% -19.06% -23.13%
Goodwill $51.21M $51.21M $51.21M
YoY Change 0.0% 0.0% -30.15%
Intangibles $4.950M $5.362M $7.200M
YoY Change -25.0% -25.53% -61.72%
Long-Term Investments $14.50M $18.95M $20.43M
YoY Change -27.15% -7.25% -8.93%
Other Assets $4.317M $4.386M $3.367M
YoY Change -10.06% 30.26% -20.72%
Total Long-Term Assets $117.7M $123.8M $137.7M
YoY Change -11.56% -10.09% -26.47%
TOTAL ASSETS
Total Short-Term Assets $269.9M $280.8M $259.8M
Total Long-Term Assets $117.7M $123.8M $137.7M
Total Assets $387.7M $404.7M $397.5M
YoY Change -15.37% 1.8% -11.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.36M $14.15M $13.14M
YoY Change -13.9% 7.69% -38.84%
Accrued Expenses $9.677M $10.05M $16.20M
YoY Change -47.41% -37.95% -62.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $31.48M $34.91M $39.83M
YoY Change -26.58% -12.36% -48.42%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $24.00K $2.060M
YoY Change -100.0% -98.83% -10.67%
Total Long-Term Liabilities $0.00 $24.00K $2.060M
YoY Change -100.0% -98.83% -10.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $31.48M $34.91M $39.83M
Total Long-Term Liabilities $0.00 $24.00K $2.060M
Total Liabilities $57.88M $62.79M $75.65M
YoY Change -23.11% -16.99% -36.22%
SHAREHOLDERS EQUITY
Retained Earnings -$393.8M -$378.1M -$442.4M
YoY Change 10.78% -14.54% 4.52%
Common Stock $723.6M $720.0M $764.3M
YoY Change -1.99% -5.8% 1.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $329.8M $341.9M $321.9M
YoY Change
Total Liabilities & Shareholders Equity $387.7M $404.7M $397.5M
YoY Change -15.37% 1.8% -11.38%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$15.79M -$6.836M $11.59M
YoY Change -118.18% -158.99% -251.45%
Depreciation, Depletion And Amortization $3.548M $3.828M $5.117M
YoY Change -29.74% -25.19% 3.35%
Cash From Operating Activities -$1.803M $1.009M $22.00M
YoY Change -111.69% -95.41% 73233.33%
INVESTING ACTIVITIES
Capital Expenditures -$2.633M -$2.646M -$1.730M
YoY Change 16.5% 52.95% -36.86%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.016M -$1.140M
YoY Change -100.0% -10.88%
Cash From Investing Activities -$2.633M -$3.662M -$2.870M
YoY Change -102.37% 27.6% 4.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.012M -13.75M -13.53M
YoY Change -96.82% 1.66% 880.43%
NET CHANGE
Cash From Operating Activities -1.803M 1.009M 22.00M
Cash From Investing Activities -2.633M -3.662M -2.870M
Cash From Financing Activities -1.012M -13.75M -13.53M
Net Change In Cash -5.448M -16.41M 5.600M
YoY Change -105.76% -393.0% -236.92%
FREE CASH FLOW
Cash From Operating Activities -$1.803M $1.009M $22.00M
Capital Expenditures -$2.633M -$2.646M -$1.730M
Free Cash Flow $830.0K $3.655M $23.73M
YoY Change -95.31% -84.6% 756.68%

Facts In Submission

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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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107693000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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97800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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107418000 shares
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us-gaap Comprehensive Income Net Of Tax
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CY2021Q2 us-gaap Stockholders Equity
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4768000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q3 us-gaap Stockholders Equity
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6559000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020Q1 us-gaap Stockholders Equity
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CY2020Q2 us-gaap Net Income Loss
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6855000 USD
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CY2020Q3 us-gaap Stock Repurchased During Period Value
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6217000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2020Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
40000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1853000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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true Depreciation Depletion And Amortization Operating Activities
DepreciationDepletionAndAmortizationOperatingActivities
12731000 USD
true Depreciation Depletion And Amortization Operating Activities
DepreciationDepletionAndAmortizationOperatingActivities
15321000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
8264000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
48000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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true Provision For Doubtful Accounts And Other Reserves
ProvisionForDoubtfulAccountsAndOtherReserves
286000 USD
true Provision For Doubtful Accounts And Other Reserves
ProvisionForDoubtfulAccountsAndOtherReserves
2805000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15992000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17632000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
41000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
151000 USD
true Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
3211000 USD
true Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
4312000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-953000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-39000 USD
us-gaap Other Noncash Expense
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313000 USD
us-gaap Other Noncash Expense
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0 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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5289000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-477000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
993000 USD
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-851000 USD
true Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-3877000 USD
true Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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1823000 USD
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16177000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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16177000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
16072000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
16072000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
7622000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15997000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23694000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8056000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8020000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8056000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
6484000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1572000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2214000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2263000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1369000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
84000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4286000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3084000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31943000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12108000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-37074000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2835000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
273314000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
181534000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250665000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
178699000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1015000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
992000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1101000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
392000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
498000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization and Nature of Business<div style="margin-bottom:12pt;margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">TrueCar, Inc. is an Internet-based information, technology, and communication services company. Hereinafter, TrueCar, Inc. and its wholly owned subsidiaries TrueCar Dealer Solutions, Inc., DealerScience, LLC and ALG, Inc. (up to the disposition date of November 30, 2020) are collectively referred to as “TrueCar” or the “Company”; ALG, Inc. is referred to as “ALG,” TrueCar Dealer Solutions, Inc. is referred to as “TCDS” and DealerScience, LLC is referred to as “DealerScience.” TrueCar was incorporated in the state of Delaware in February 2005 and began business operations in April 2005. Its principal corporate offices are located in Santa Monica, California.</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">TrueCar is a digital automotive marketplace that (i) provides pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience; (ii) empowers Certified Dealers to attract these informed, in-market consumers in a cost-effective, accountable manner; and (iii) allows automobile manufacturers (“OEMs”) to more effectively target their incentive spending at deep-in-market consumers during their purchase process. TrueCar has established a diverse software ecosystem on a common technology infrastructure, powered by proprietary data and analytics. Consumers access TrueCar’s platform through the TrueCar.com website and TrueCar mobile applications or through the car buying websites and mobile applications that TrueCar operates for its affinity group marketing partners (“Auto Buying Programs”). An affinity group is comprised of a network of members or employees that provides discounts to its members.</span></div><div style="margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Through its subsidiary TCDS, the Company provides its TrueCar Trade and Payments products. Our Trade solution gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership. This valuation is, in turn, backed by a third-party guarantee to dealers that the vehicles will be repurchased at the indicated price if the dealer does not want to keep them. The Company’s Payments solution leverages the digital retailing technology of its DealerScience subsidiary, acquired in December 2018, to help consumers calculate accurate monthly payments.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:12pt;margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:12pt;margin-top:6pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Assets and liabilities that are subject to judgment and use of estimates include sales allowances and allowances for doubtful accounts, contract assets, the fair value of assets and liabilities assumed in business combinations, the fair value of equity method investments, the recoverability and related impairment of goodwill and long-lived assets, valuation allowances with respect to deferred tax assets, useful lives associated with property and equipment and intangible assets, right-of-use assets and operating lease liabilities, contingencies, and the valuation and assumptions underlying stock-based compensation and other equity instruments. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. In addition, the Company engaged valuation specialists to assist with management’s determination of the fair values of its single reporting unit related to goodwill impairment, right-of-use assets and lease liabilities, assets and liabilities assumed in business combinations, assets and liabilities of its equity method investment and performance-based stock units.</span></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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5789000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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10304000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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7147000 USD
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6591000 USD
CY2021Q3 true Allowance For Doubtful Accounts Receivable Reduction In Revenue
AllowanceForDoubtfulAccountsReceivableReductionInRevenue
923000 USD
CY2020Q3 true Allowance For Doubtful Accounts Receivable Reduction In Revenue
AllowanceForDoubtfulAccountsReceivableReductionInRevenue
1581000 USD
true Allowance For Doubtful Accounts Receivable Reduction In Revenue
AllowanceForDoubtfulAccountsReceivableReductionInRevenue
3489000 USD
true Allowance For Doubtful Accounts Receivable Reduction In Revenue
AllowanceForDoubtfulAccountsReceivableReductionInRevenue
6939000 USD
CY2021Q3 us-gaap Provision For Doubtful Accounts
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CY2020Q3 us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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286000 USD
us-gaap Provision For Doubtful Accounts
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2805000 USD
CY2021Q3 true Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
2852000 USD
CY2020Q3 true Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
2752000 USD
true Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
7244000 USD
true Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
7882000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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3678000 USD
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8453000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
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CY2020Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2398000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2021Q3 true Payment For Contingent Consideration Liability
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0 USD
CY2020Q3 true Payment For Contingent Consideration Liability
PaymentForContingentConsiderationLiability
0 USD
true Payment For Contingent Consideration Liability
PaymentForContingentConsiderationLiability
2500000 USD
true Payment For Contingent Consideration Liability
PaymentForContingentConsiderationLiability
2500000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
30000 USD
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41000 USD
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BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
151000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2428000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2428000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
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93659000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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86535000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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74404000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
65114000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19255000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21421000 USD
CY2021Q3 true Property Plant And Equipment Gross Assets Not Placed In Service
PropertyPlantAndEquipmentGrossAssetsNotPlacedInService
1800000 USD
CY2020Q4 true Property Plant And Equipment Gross Assets Not Placed In Service
PropertyPlantAndEquipmentGrossAssetsNotPlacedInService
900000 USD
CY2019Q3 us-gaap Loss Contingency Pending Claims Number
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3 action
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
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4450000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
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5607000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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3200000 USD
us-gaap Allocated Share Based Compensation Expense
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15992000 USD
us-gaap Allocated Share Based Compensation Expense
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17632000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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318000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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292000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1015000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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992000 USD
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
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4768000 USD
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
5899000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
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17007000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
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18624000 USD
us-gaap Income Tax Expense Benefit
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200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-6836000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
11589000 USD
us-gaap Net Income Loss
NetIncomeLoss
-22537000 USD
us-gaap Net Income Loss
NetIncomeLoss
-10322000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-7044000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9589000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-22577000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12175000 USD
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
208000 USD
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
2000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
40000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1853000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96037000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107693000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97800000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96037000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107418000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110011000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107418000 shares
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.07
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.23
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.00
CY2020Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.02
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.00
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.02
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.07
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.23
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.00
CY2020Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.02
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.00
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.02
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13891000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13912000 shares
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
75000000 USD
CY2021Q2 true Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
75000000 USD
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
6100000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
32300000 USD
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
75500000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
54966000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
77247000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
185837000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
214718000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
2300000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1400000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2300000 USD

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